He Makes $1M/Year with “Banned” Short-Term Rentals | Jude Jean Paul Bernard

The BetterLife Podcast: Wealth | Real Estate Investing | Life - A podcast by Brandon Turner & Cam Cathcart - Tuesdays

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Jude Jean Paul Bernard is a real estate investor, business owner, and philanthropist who’s bought and sold $100 million of property in New York City. In this episode, Jude shares how he bought his very first property with student loans, then “bet on himself” and went all-in on real estate in one of the most competitive markets on earth. Plus, how he’s crushing it with short-term rentals in a city that famously outlawed them!Jude also talks about: - Why getting arrested at age 20 was “the best thing that’s happened to him”- Quitting his job and an MBA program to become a full-time investor- Flying to Jamaica to track down a seller and making $1M+ on the deal- Gambling addiction and losing $140k at the blackjack table- Finding detail-oriented “doers” to bring his vision to life - Printing money by turning boarding houses into short-term rentals in NYC- Founding the Brooklyn Bank to bring financial literacy to the inner city- The most common fatal mistakes in real estate investing- Why he’s selling off a large chunk of his portfolioBooks Mentioned:- Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger - Undisputed Truth by Mike Tyson- The Alchemist by Paulo CoelhoJude’s charitable cause (100% of ad revenue goes here):- The Brooklyn Bank, the nonprofit he founded to foster financial literacy in urban communitiesConnect with Jude: LinkedIn: https://www.linkedin.com/in/jude-bernard-15228b61/Instagram: https://www.instagram.com/mr.judebernardConnect with us!Website: https://abetterlife.com/Instagram: https://www.instagram.com/betterlife/?hl=enhttps://www.instagram.com/beardybrandonShow Sponsor: - TurboTenant - Get leads, screen tenants, create leases, and collect rent — all in one place. Use the code BRANDON10 to get 10% off upon sign-up at TurboTenant.com/BetterLife.- Ballpoint Marketing - The leading provider of direct-mail marketing strategies designed to increase your response rates. Visit them at BallPointMarketing.com/BetterLife or send a DM to Brandon on Instagram, @beardybrandon, with the word BALLPOINT, and he'll connect you directly.This show is also brought to you by the BetterLife Tribe. Interested in building wealth without losing your soul? Join us here: https://join.abetterlife.com/tribe