Replacing His Income with 6-Figure Real Estate Profits (Per Deal!) | Bigger Pockets Video

Episode #578

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If you lost your job today, what’s your plan B? Just eight months ago, today’s guest was laid off from his W2—newly married and with a baby on the way! Thankfully, he was able to quickly pivot to real estate investing and turn a passion into a career. Whether you’re looking to escape the nine-to-five grind or create a better safety net, we’ve got the perfect game plan for you!

Welcome back to the “Real Estate Rookie” podcast! For years, Jason Manion had dreamed of buying, fixing, and flipping his own properties, and fortunately, he got a taste of real estate early on rather than sitting on the sidelines. His first real estate deal, a live-in flip that he also house hacked, netted him over $200,000 in profit. That early win gave Jason the confidence to pick right up with real estate after being let go from his nine-to-five job. His very next deal pulled in another $100,000!

Want to learn the secrets behind Jason’s six-figure margins? He hunted down discounted properties on the multiple listing service (MLS), took his time with real estate analysis, and even found ways to save money with DIY renovations. Tune in as he walks you through his entire method, step by step!

00:00 Intro
01:00 Jason’s “A-Ha Moment”
07:11 Buying the FIRST Property
11:34 $200K Profit from ONE Deal?!
18:43 The “Big Bet” on Real Estate
25:07 Numbers on the Deal
31:13 What’s Next for Jason?
35:44 Advice for Rookies
37:23 Connect with Jason!