Ep 92: Overcoming the Odds: Learn to Build Wealth Through Credit and Real Estate with Brandon Elliott
In my latest episode of Inside the Lion's Den podcast, I had the privilege of sitting down with Brandon Elliott, CEO and founder of Credit Council Elite, for an inspiring conversation about transformation, resilience, and innovative approaches to real estate investing.
Growing up in challenging circumstances with a dysfunctional family background, he initially took a wrong turn in life. However, a life-threatening accident in 2013 - where he suffered severe burns in an explosion - became his wake-up call. Rather than letting this setback define him, Brandon used his house arrest period to educate himself, spending four hours daily learning about real estate investing.
Our conversation took an interesting turn as Brandon explained how he leveraged credit cards to build a successful real estate portfolio, starting with properties in Ohio while based in California. Using the BRRRR strategy (Buy, Renovate, Rent, Refinance, Repeat), he transformed his life from working in restaurants to generating substantial passive income through real estate investments.
In this episode, we'll cover:
-Brandon's journey from a challenging upbringing to his wake-up call after a devastating accident that left him with severe burns and facing potential jail time
-How Brandon used his house arrest period constructively, dedicating 4 hours daily to studying real estate, which laid the foundation for his future success
-The transition from working in restaurants to long-distance real estate investing in Ohio, including the challenges and lessons learned from managing properties 3,000 miles away
-The birth of Credit Council Elite, which started after a pivotal speaking opportunity at a Cancun mastermind event where 20 people immediately wanted to pay Brandon for his credit expertise
-Brandon's philosophy on using credit strategically as a tool for investment, comparing it to how banks leverage money, and his mission to help others avoid the mistakes he made while losing over a million dollars in credit lines and nine bank relationships
SHOW NOTES: https://insidethelionsdenpodcast.com/podcast/episode92
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