Creating $3,000/Month Cash Flow Just by Pivoting to THIS Strategy | Bigger Pockets Video

Episode #533

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Are you stuck with a problematic property? What if you could create thousands of dollars in monthly cash flow just by pivoting to the right investing strategy for your property and market? That’s exactly what today’s guest did, and if you stick around, she’ll show you how to repeat her success!

Welcome back to the “Real Estate Rookie” podcast! Aleea Stanton’s grandparents gave up their home to put her through college, so after graduating from law school, she saved up and bought them a house. Little did she know that this would ignite a passion for real estate investing and home renovation projects. Before long, Aleea had gone on to fix and flip eight houses—averaging $40,000 in profit per home—and even pocketed a whopping $200,000 on her most recent flip!

Despite the huge profit margins she earned with this lucrative strategy, Aleea decided to diversify her real estate portfolio with buy-and-hold investing. Now, she brings in an additional $3,000 in consistent monthly cash flow, all thanks to a combination of long-term and medium-term rentals. Tune in as Aleea shares her biggest successes and several critical mistakes to avoid!

00:00 Intro
00:35 Buying Her First House
05:35 Flipping 8 Houses!
08:12 Pivoting to Long-Term Rentals
16:58 Finding Great MLS Deals
28:20 Mid-Term Rentals & Off-Market Deals
31:49 Connect with Aleea!