Snowballing to 10 Units in 6 Years and $8,500/Month Cash Flow | Bigger Pockets Video

Episode #557

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What would you do with $8,500 in monthly cash flow? Quit your W2 job? Travel the world? Reinvest it? The possibilities are endless, and by blending investing strategies and getting creative when hunting for deals, today’s guest was able to “snowball” to $8,500/month with 10 rental units in just a few years!

Welcome back to the “Real Estate Rookie” podcast! In this episode, we’re chatting with Kelsey Porter, a real estate agent who caught the investing bug when a client introduced her to BiggerPockets. While most new investors focus on one strategy, Kelsey has tried a little bit of everything—house hacking, live-in flips, and short, medium, and long-term rentals. She has even rented out her primary residence for months at a time, a move that fully funded her wedding!

With “smedium”-term rentals, unique experiences, and even a Taylor Swift-themed Airbnb—which features a full-blown scavenger hunt—Kelsey has built a highly diversified real estate portfolio. Stay tuned to learn about Kelsey’s strategy for finding off-market deals and the “all-in-one” mortgage she used to tap into her home equity and scale fast!

00:00 Intro
01:00 Catching the Investing Bug
04:58 Kelsey’s First Rehab Project
08:00 Live-In Flip Numbers
09:48 House Hacking the Duplex
13:10 Renting Out Her Primary
15:26 Driving for Dollars 101
21:31 Nurturing & Networking
25:46 The “All-in-One” Mortgage
30:52 HUGE Cash Flow
32:11 Creating Unique Experiences
37:00 Connect with Kelsey!