Episode #1114
Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations:
link
Invest in High-ROI Turnkey Rentals with Rent to Retirement:
link or Txt REI to 33777
Episode Show Notes:
link
Join BiggerPockets for FREE 👇
link
Let Us Know What You Thought of the Show!
link
Grab Henry’s Book, "Real Estate Deal Maker":
link
Sign Up for the BiggerPockets Real Estate Newsletter:
link
Find an Investor-Friendly Agent in Your Area:
link
Investing in a Fourplex: Pros, Cons, & Tips For Investors:
link
Connect with Jesse:
link
Connect with Henry:
link
We always say it, but buying just ONE rental property can change everything! For Jesse Walters, a coffee roaster by trade but a cash-flowing investor now, buying his first rental property opened up an entirely new world of not only passive income—but freedom. After his wife became a real estate agent, Jesse noticed the sizable commission checks and thought hundreds of dollars a month in passive cash flow beat wholesaling three-dollar bags of coffee. Was he right?
Jesse didn’t do any expert-level real estate investing moves to get his first deal done. It was 2021—he found a listing for an affordable house, put 20% down on it, and rented it out. That strategy seemed to work, so Jesse did it again, finding another on-market, affordable rental property to purchase. Then, he took it up a notch, purchasing a fourplex (four units) by putting—get this—$0 down! He used a strategy ANYONE with access to a local bank can try, and this property lit the rocket fuel for his portfolio.
Now, he has 11 rental units, runs multiple house flips a year that pay him five-figure checks, and is building a new triplex that will hit the 1% rule from the start. Jesse shares the exact playbook for building a small but profitable rental property portfolio, even with high interest rates, even in a small town, and even if you have no experience.