The Cash Flow Happy Hour

Ep. 79 | From laid off to $12,000/mo in one year through real estate feat. Connie Phung


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In this episode, we dive deep into Connie's inspirational transformation from a corporate employee facing layoffs to a successful full-time real estate investor.


She shares her journey of overcoming the fear of being dispensable, her strategy for replacing her salary through real estate, and her quick rise to owning 12 doors within a year and a half.


Learn her tips on market selection, the midterm rental model, handling renovations, and strategies for funding real estate deals using other people’s money.


This episode is packed with actionable insights for anyone looking to replicate her success in the real estate industry.


00:00 The Realization: Job Insecurity and New Beginnings

00:30 Meet Connie: Award-Winning Rookie Investor

01:14 From Corporate Burnout to Full-Time Real Estate

03:09 Strategies for Success: Midterm Rentals and Cash Flow

05:05 First Steps: Learning and Networking

07:06 Philadelphia Investment: First Midterm Rental

09:49 Building a Team: Trust and Communication

13:18 Choosing Markets: Philadelphia and Columbus

16:39 BRRRR Strategy: Major Rehab Projects

20:02 The Challenges of BRRRR Investing

20:19 Dealing with Contractors and Property Management

23:25 Marketing and Listing Midterm Rentals

24:53 Managing Room Rentals and Tenant Relations

29:53 Financing Strategies and Using OPM

35:21 Scaling Up and Future Goals

36:29 Final Thoughts and Connecting with Connie


Connect with Connie Phung:

https://www.instagram.com/invest_with_connie/



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The Cash Flow Happy HourBy Joshua Baldovino

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