$6,800/Month Cash Flow with 4 “Boring” Small Multifamily Rentals | Bigger Pockets Video

Episode #587

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You can still get rich buying “boring” rental properties. Today’s guest pockets $6,800 in pure cash flow every month and is building an enormous amount of equity in four small multifamily rentals, and he’s not doing anything YOU can’t do. You don’t need a ton of money or even the flashiest investing strategy—you just need to get started and play the long game!

Welcome back to the “Real Estate Rookie” podcast! Ryan Allsop hated paying rent—so much so that he bought his first rental property without really knowing what he was doing. But with some rookie-level analysis and savvy networking, Ryan found that first duplex, which has been his “cash cow” ever since. Then, Ryan used home equity lines of credit (HELOCs) to scale a real estate portfolio that delivers nearly $7,000 in combined monthly cash flow!

Want to copy Ryan’s success? In this episode, he’ll show you the steps he took to go from complete beginner to confident investor in no time. You’ll learn about the real power behind buy and hold investing, a lucrative Airbnb side hustle you can use to fund deals fast

00:00 Intro
00:42 Buying His First Property
06:23 The Power of Buy and Hold
10:27 Sponsor: Baselane!
11:19 Email-Only Negotiations?!
17:50 Renovations & Financing
21:16 Investing in Your Backyard
24:15 Ryan’s Airbnb Side Hustle
28:46 Critical Contractor Mistakes
31:46 Ryan’s Current Portfolio
34:29 Connect with Ryan!