From Living in an RV (With a Newborn!) to Doing 5 Real Estate Deals | Bigger Pockets Video
Episode #6052
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Real estate investing isn’t always pretty. Today’s guests had to make some serious sacrifices to buy their first investment property—living out of an RV, with a newborn, in the middle of winter. This bold move not only made them $180,000 on their first deal but also helped them snowball to five properties!
Welcome back to the “Real Estate Rookie” podcast! Nichole and AJ Frandanisa sold their house to start investing in real estate. But not only that—they bought a rundown property and lived in an RV while doing their first live-in flip. This gave them the confidence (and the money!) to buy more properties using this same investing strategy—putting low money down, adding value, and selling renovated homes for a huge profit. They’ve already completed five real estate deals and are now moving into multifamily properties to build wealth even faster!
In this episode, you’ll learn how to get your spouse on board with your real estate investing dream, as well as how to use various negotiation tactics to get a better deal—especially in this market where buyers have more leverage. You’ll also learn the secrets to building your investing network, finding top-notch contractors, and keeping great tenants!
00:00 Intro
00:42 Living in Their Driveway
03:45 Getting Your Spouse on Board
07:31 Making $180K from ONE Deal
09:47 Sponsor: Baselane!
13:19 Buying the House Hack
20:18 Funding Rehab Projects
22:56 Key Roles & Responsibilities
26:36 Contractors & Systems
29:04 Building Your Network
32:17 The Latest House Flip
37:08 Connect with Nichole & AJ!
