Living The Red Life: He Built a Real Estate Empire Without Spending a Cent

Host: Rudy Mawer (with Ray Gutierrez)
Guest: David Webb (“No Money Millionaire”)
Date: October 20, 2025

Overview

In this candid and energetic episode, Ray Gutierrez sits down with David Webb, the self-described “No Money Millionaire,” to explore how David built a multi-million dollar real estate portfolio—without ever using his own money. Webb shares his transformational journey from growing up in inner-city Detroit, overcoming personal financial hardship, and breaking the myth that wealth creation is only for those with capital, good credit, or conventional credentials. The conversation covers practical strategies, mindset shifts, the power of relationships, and David’s passion for sharing his roadmap through his new book and online presence.

Key Discussion Points & Insights

1. David Webb’s Origin Story: From Detroit to Empire-Building

• Webb hails from inner-city Detroit, a background that he explains shaped his early beliefs about money.
• He recalls thinking he’d need to “save up,” hold a steady job, and have perfect credit—until late in life he realized otherwise.
  • “It took me until I was like 50 years old…before I learned otherwise.” (05:18)

2. Changing the Narrative Around Wealth Creation

• Webb’s journey demonstrates it’s possible to build significant wealth without personal capital or bank approval.
• The release of his book, "No Money Millionaire," is motivated by wanting to spread this knowledge to others still stuck in limiting beliefs.
  • “If I learned this when I was 30, the last 20 years would have been a lot more fun.” (05:20)

3. Practical Strategies for Investing with No Money Down

• Webb’s process starts with leveraging relationships and creative deal structures, such as private money and seller financing.
  • “I just started putting [relationships] together...that was without any of my own capital. But the way I structure them, after a certain time period, I own the property 100%.” (07:17)
• Key elements:
  • Use initial outside funding.
  • Reward backers upfront (good deals, good returns).
  • Transition ownership fully to himself over time.
• Not reliant on banks for initial growth:
  • “You can build wealth without using banks…the banks are where you want to get to, but you don’t have to start there.” (06:09)

4. Building Your Tribe and Attracting Investment Partners

• Ray asks how Webb finds partners and builds his support network:
  • “You have the people around you. You do. You just have to know how to present it to them. You have to make it attractive for one…There’s not a shortage of money out there.” (08:29)
• David emphasizes the importance of making deals attractive in the short term for partners in exchange for long-term benefits for himself.

5. Portfolio Overview and Day-to-Day Operations

• David’s holdings include:
  • Mixed-use buildings (e.g., retail at street level, apartments above).
  • Convenience stores.
  • Single-family homes, duplexes, and multifamily properties. (09:28)
• On how much time to invest:
  • “The more time you put in, the more you get out. It’s a simple formula.” (10:21)

6. Notable Transformational Stories

• Webb relates how his methods helped a formerly homeless acquaintance buy a triplex with “no money out of pocket, no credit check” and start collecting rent on closing day. (10:57–11:44)
• Personal stories of hardship:
  • Multiple evictions, struggling with utilities, and a creative deal to buy his father’s house that netted $20,000 at closing—all without personal funds.
    • “I walked in broken. I came out with the property and 20,000 in my pocket.” (15:32)

7. Mindset, Energy, and the Real Driver of Wealth

• Both David and Ray underscore the role of mindset, intention, and energy in manifesting wealth and opportunity.
  • “Our thoughts are energy. I’m very careful with those…I try to channel everything into the direction that I want to go.” (12:36)
  • “It’s not so much the money, it’s the freedom that it provides…” (12:42)

8. Advice to Aspiring Investors

• David’s system is designed for all levels—including those with “absolutely nothing” to start.
• Emphasizes persistence, continuous networking, and being open to creative deal structures.
• "Just keep doing it till you get it right." (03:29)

9. Where to Find David Webb and His Work

• Book: "No Money Millionaire" available on Amazon and Barnes & Noble.
• Online: nomoneymillionaire.com, YouTube, Facebook (@nomoneymillionaire). (16:56–17:13)

Notable Quotes & Memorable Moments

• On overcoming hardship:
  “I’ve been evicted more times than I can count…I’ve done the whole cliche heating my house from the stove.” (14:02)

• On breaking through limiting beliefs:
  “You’d think that would have hit the light switch…But I was still stuck with the mindset.” (15:39)

• On why he wrote his book:
  “There’s a lot of people I know that still where I’m from…that don’t know another way.” (05:20)

• On energy and intention:
  "Money is energy…but it’s not so much the money, it’s the freedom that it provides." (12:42)

• Summary from Ray:
  "That's incredible. That's quite the inspiration, my friend. You showed up in my life at the exact moment when I needed you." (16:35)

Key Timestamps

• 00:00–05:20: David Webb’s background, upbringing in Detroit, and initial beliefs about wealth.
• 06:00–08:30: Strategies for building wealth with no personal capital and the importance of relationships.
• 09:28–10:49: David’s portfolio breakdown; advice on how much time to commit.
• 10:57–11:44: Success stories from those helped by David’s methods.
• 12:36–13:28: Perspectives on energy, mindset, and the non-financial rewards of wealth-building.
• 14:02–16:29: David’s personal stories of hardship, early deals, and the persistence needed to shift mindset.
• 16:56–17:13: How to connect with David and access his resources.

Conclusion

This episode with David Webb is packed with actionable wisdom and inspiration for anyone—regardless of their current situation—interested in building wealth through real estate. Webb’s grounded, energetic approach, focus on mindset, and clear demonstration of creative funding methods make this a must-listen (or read) for aspiring entrepreneurs and legacy-makers.

Find David Webb:

• Book: "No Money Millionaire" (Amazon, Barnes & Noble)
• Website/Social: nomoneymillionaire.com, YouTube, Facebook

Host Contact:

• Rudy Mawer, “Living The Red Life” podcast