Cameron Philgreen has assembled a 25-property portfolio spanning 35 units across Waco, Texas over eight years through a diversified investment strategy. The full-time real estate investor and coffee shop owner deployed multiple tactics to build wealth, including the BRRRR method (buy, renovate, rent, refinance, repeat), long-term rental holds, fix-and-flips, and commercial property acquisitions.
Philgreen's financing approach centered on private money rather than traditional bank lending. This gave him flexibility to move quickly on deals and structure terms favorable to his timeline and strategy. Private money lenders typically charge higher rates than banks but impose fewer restrictions on property condition or investor experience, allowing Philgreen to purchase distressed assets and underperformers that conventional lenders would reject.
The BRRRR strategy formed his core wealth-building engine. He purchased undervalued properties, renovated them to increase rents and property value, then refinanced to pull cash out and redeploy it into new deals. This approach compounds returns without requiring fresh capital between deals. Long-term rentals provided steady cash flow, while flips generated lump-sum profits he could reinvest immediately.
His commercial holdings diversified revenue streams beyond residential. Commercial properties typically command higher cap rates and attract institutional-quality tenants with longer leases. The coffee shop business overlapped with his real estate operations, using the retail property as both an income source and a learning laboratory for understanding tenant relationships and property management.
For buyers and investors watching Philgreen's model, several lessons emerge. Diversification across property types and strategies reduces risk from market downturns. Private money financing works best for disciplined investors who can execute renovations on budget and timeline. The ability to move quickly on deals beats waiting for perfect financing terms. Eight years to 35 units requires consistent execution, disciplined reinvestment, and