Waiter to Financial Freedom with 5 Rentals and $5,000/Month Cash Flow | Bigger Pockets Video

Episode #536

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Think you can’t create cash flow in this housing market? Think again! Today’s guest will introduce you to a strategy that can take a regular rental property and maximize its profits. It’s allowed him to net $5,000 each month and quit his W2 job in just 18 months!

Welcome back to the “Real Estate Rookie” podcast! Just two years ago, Andres Martinez was waiting tables and saving every penny possible for a house. But when he was told he still couldn’t qualify for a mortgage, he turned his attention to wholesaling in order to learn more about real estate investing and make some extra money. Little did he know that he would soon stumble upon a strategy that would change his life and give him financial freedom—co-living!

After buying a couple of properties, Andres quit his job to go all-in on this strategy. This move paid off, as he’s been able to scale his real estate portfolio to five properties (soon to be six!) and over $5,000 in monthly cash flow. The best part? He’s been able to buy all of his properties using other people’s money (OPM), seller financing, and subject to deals. Stick around as Andres tells you all about his buy box, how he analyzes rental properties, and why co-living might just be the next big thing in 2025!

00:00 Intro
00:33 Hustling for a House
07:33 Co-Living 101
11:40 “Testing” His Strategy
17:51 Andres’ Current Portfolio
24:29 How to Find Properties
27:32 Quitting His W2 Job
31:25 $5,000 Monthly Cash Flow!
32:12 Connect with Andres!