Bigger Pockets-143: Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo

143: Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo | Bigger Pockets Podcast

On this episode of the BiggerPockets Podcast we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real estate investing dreams. Our guest, Nick Baldo, shares his story of starting with nothing and turning that into a sizable business that both flips and rents houses. Oh, and Nick isn’t even thirty yet! Don’t miss this informative episode of the BiggerPockets Podcast!
In This Episode We Cover:

How Nick got into real estate

Where he is currently investing and the typical prices of houses in his area

How he began flipping houses when he was just 23!

Where he got his funding

How he was able to do business with a private money lender

Lessons learned from the first deals

The importance of ARV analysis

Why he took that first step despite the lack of knowledge

The ins & outs of transitioning from flipping houses to house hacking

How to handle real estate investing as a business

How to scale your business by building systems

The online tools he uses for managing his business

How to use networking as marketing

Where Nick’s business is today

Tips for those who want to quit their jobs and become full time investors

And SO much more!

Links from the Show

BP Podcast 142: 22 ½ ACTIONABLE Tips for Beginner Real Estate Investors With Josh and Brandon!

Podio

Asana

Google Drive

AppFolio

Buildium

QuickBooks

BiggerPockets Keyword Alerts

BiggerPockets Forums

Books Mentioned in this Show

FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani and Clay Davis

The Millionaire Real Estate Investor by Gary Keller

Think and Grow Rich by Napoleon Hill

Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill

Tweetable Topics:

“There are always people with extra money not knowing what to do with it.” (Tweet This!)

“It’s impossible to get started without your character.” (Tweet This!)

“We did things as a business that had a 100 rentals would do it.” (Tweet This!)

Connect with Nick

Nick’s BiggerPockets Profile

Nick’s Company Website

Nick’s Blog


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