Making $200K (in 4 Months!) and Waving Her W2 Goodbye | Bigger Pockets Podcast
Tired of working inflexible jobs or living paycheck to paycheck? Elizabeth Esplin’s back was against the wall when she made an all-in bet on real estate investing. Once living off food stamps, Elizabeth and her husband have been able to leave their W2 jobs and are firmly on track to achieve financial freedom—all thanks to the power of real estate!
Welcome back to the Real Estate Rookie podcast! Elizabeth was caring for a toddler and pregnant with her third child when her husband’s health started to deteriorate—quickly leaving her family with a financial crisis. With bills piling up, Elizabeth turned to real estate. Although her first deal didn’t go to plan, a $2,000 lesson set the stage for a wildly successful second deal—a house flip that not only pocketed her $200,000 (with just four months of work!) but also allowed both her and her husband to trade the W2 grind for full-time real estate!
In this episode, she talks about using handwritten mailers to find off-market properties, winning “probate” deals, and surviving stressful renovations. Whether you need an escape rope from your nine-to-five job or creative ways to find your next real estate deal, Elizabeth shares all kinds of helpful nuggets you won’t want to miss!
In This Episode We Cover
How Elizabeth flipped her first house during a family crisis (while pregnant!)
The $2,000 mistake that helped Elizabeth take down a $200,000 deal
How to create financial freedom through the power of real estate investing
Leaving your nine-to-five job to become a full-time real estate investor
Creative ways to find (and buy) more off-market properties
And So Much More!
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