Waiter to Financial Freedom in 18 Months (5 Rentals & $5,000/Month Cash Flow)
Think you can’t create cash flow in this housing market? Think again! Today’s guest will introduce you to a strategy that can take a regular rental property and maximize its profits. It’s allowed him to net $5,000 each month and quit his W2 job in just 18 months!
Welcome back to the Real Estate Rookie podcast! Just two years ago, Andres Martinez was waiting tables and saving every penny possible for a house. But when he was told he still couldn’t qualify for a mortgage, he turned his attention to wholesaling in order to learn more about real estate investing and make some extra money. Little did he know that he would soon stumble upon a strategy that would change his life and give him financial freedom—co-living!
After buying a couple of properties, Andres quit his job to go all-in on this strategy. This move paid off, as he’s been able to scale his real estate portfolio to five properties (soon to be six!) and over $5,000 in monthly cash flow. The best part? He’s been able to buy all of his properties using other people’s money (OPM), seller financing, and subject to deals. Stick around as Andres tells you all about his buy box, how he analyzes rental properties, and why co-living might just be the next big thing in 2025!
In This Episode We Cover:
Making $5,000 in monthly cash flow from five rental properties
How Andres was able to quit his W2 job in 18 months with real estate
The investing strategy that maximizes your rental property’s profits
Why co-living presents a huge opportunity for investors in 2025 and beyond
The best real estate side hustles to fast-track your investing journey
And So Much More!
Links from the Show
Ashley's BiggerPockets Profile
Tony's BiggerPockets Profile
Join BiggerPockets for FREE
Real Estate Rookie Facebook Group
Real Estate Rookie YouTube
Follow Real Estate Rookie on Instagram
Ask Your Question for a Future Rookie Reply
“Like” Real Estate Rookie on Facebook
PadSplit
Andres’ Instagram
Buy the Book, “Wealth Without Cash”
Sign Up for the Real Estate Rookie Newsletter
Find Investor-Friendly Lenders
Co-Living Units Are Helping Investors Generate Higher Returns—Here’s What You Need to Know
Connect with Andres
(00:00) Intro
(00:33) Hustling for a House
(07:33) Co-Living 101
(11:40) “Testing” His Strategy
(17:51) Andres’ Current Portfolio
(24:29) How to Find Properties
(27:32) Quitting His W2 Job
(31:25) $5,000 Monthly Cash Flow!
(32:12) Connect with Andres!
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