{"id":187974,"date":"2026-05-22T10:15:58","date_gmt":"2026-05-22T16:15:58","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=187974"},"modified":"2026-05-22T10:16:00","modified_gmt":"2026-05-22T16:16:00","slug":"deal-diaries-cameron-philgreen","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/deal-diaries-cameron-philgreen","title":{"rendered":"Deal Diaries: How Cameron Philgreen Built a Sprawling Portfolio Over Eight Years"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td><b>Name<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Cameron Philgreen<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Location<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Waco, Texas<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Occupation<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Full-time real estate investor &amp; coffee shop owner<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Assets<\/b><\/td>\n<td><span style=\"font-weight: 400;\">25 properties, 35 units<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Investment strategy<\/b><\/td>\n<td><span style=\"font-weight: 400;\">BRRRR, long-term rentals, flips, commercial<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Financing<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Private Money Lender<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span data-preserver-spaces=\"true\">In 2018, Cameron and his wife bought their first property in Lawrence, Kansas, a three-bedroom house they would Airbnb room by room to cover the mortgage. Cameron worked as a wedding photographer.\u00a0<\/span><\/em><\/p>\n<p><em><span data-preserver-spaces=\"true\">Fast-forward to today: Cameron now owns 25 properties totaling 35 units, a specialty coffee shop, and has a 50,000-square-foot commercial redevelopment underway in Waco, Texas. Here\u2019s how he built his sprawling portfolio.<\/span><\/em><\/p>\n<p><strong><span data-preserver-spaces=\"true\">How did you finance your early deals with no outside capital?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The BRRRR method was everything. <\/span><span data-preserver-spaces=\"true\">My target is 70 <\/span><span data-preserver-spaces=\"true\">to<\/span><span data-preserver-spaces=\"true\"> 75 cents on the dollar.<\/span><span data-preserver-spaces=\"true\"> If I hit that, I could refinance, pull all my cash out, and do it again.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Our first true investment property was bought<\/span><span data-preserver-spaces=\"true\"> for $95K. We put in $80K, so the after-repair value (ARV) came in around $200K. We left some money in that one, but five years later, it appraised at $270K, and we were able to pull cash out. <\/span><span data-preserver-spaces=\"true\">After that, I began building relationships with <\/span><span data-preserver-spaces=\"true\">hard money<\/span><span data-preserver-spaces=\"true\"> lenders, and capital <\/span><span data-preserver-spaces=\"true\">stopped being<\/span><span data-preserver-spaces=\"true\"> a constraint.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">How do you consistently find deals to scale?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The cheat code is a Redfin filter. Filter for a price per square foot under $100 and days on market over 45. It emails you automatically whenever something fits. Sellers sitting that long are motivated.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I still have to make about 10 offers to land one, but between that filter, wholesalers, and Facebook groups, the deals are out there if you&#8217;re willing to make offers.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">What&#8217;s the mindset that carried you through a decade of building?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Get clear on your \u201cwhy.\u201d We shared bathrooms with strangers. We gutted a house ourselves for six days a week, three months straight. None of it was comfortable. But real estate doesn&#8217;t have to be your passion.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The whole point is to use it to fund your passions. Ours funded a coffee shop. Ultimately, you should figure out what you&#8217;d do if your time were yours, then <\/span><span data-preserver-spaces=\"true\">go<\/span><span data-preserver-spaces=\"true\"> buy the property that gets you there.<\/span><\/p>\n<p><em><span data-preserver-spaces=\"true\">You can continue following Cameron\u2019s real estate journey on his <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.youtube.com\/channel\/UCreRXM2QomtfnHQ8amuf_8A\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">YouTube channel<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Name Cameron Philgreen Location Waco, Texas Occupation Full-time real estate investor &amp; coffee shop owner Assets 25 properties, 35 units Investment strategy BRRRR, long-term rentals, flips, commercial Financing Private Money [&hellip;]<\/p>\n","protected":false},"author":613755,"featured_media":163643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7358],"tags":[],"class_list":["post-187974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-stories"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/187974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/613755"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=187974"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/187974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/163643"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=187974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=187974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=187974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}