Episode #444
Episode Show Notes: https://link.chtbl.com/Rookie
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Real Estate Rookie – Episode 261: How Nancy Rodriguez from ‘Love Is Blind’ Hit Financial Freedom BEFORE Fame:
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Anyone can get into real estate investing. Seriously, anyone! With today’s high interest rates, it may be more difficult to find a rental property that cash flows, but even if you’re in a white-hot real estate market or don’t have much money, there are still many creative ways to get started!
Welcome back to the “Real Estate Rookie” podcast! From the moment his $22,000 military bonus hit his bank account, soldier Jean Augustin knew exactly how he’d be using the cash. After a few months of education and research, the perfect first property fell in his lap—a duplex that hadn’t even reached the multiple listing services (MLS). This 2020 deal was a home run by today’s standards, but as market competition increased and interest rates rose, Jean found that great deals were becoming scarce. Rather than switching markets or giving up on real estate, he pivoted to another investing strategy!
In this episode, you’re going to learn that you don’t need to find the perfect market—you just need to find the right strategy. Tune in as Jean shares his journey from long-term rentals to short-term rentals to medium-term rentals. Along the way, you’ll learn all about VA loans and their benefits, mistakes to avoid when analyzing an Airbnb, and how to make money without owning rentals!
00:00 Intro
00:55 Investing His Work Bonus!
07:04 Landing His First Deal
12:58 Numbers on the Duplex
16:28 VA Loan Pros & Cons
21:31 Airbnb Arbitrage 101
26:32 Critical Airbnb Mistakes!
31:25 Pivoting to Medium-Term Rentals
37:38 Connect with Jean!