Real Estate Rookie

From Single Mom (Working 3 Jobs!) to 5 Rentals in 2 Years


Listen Later

Think you’ve missed your shot at real estate investing? Whether 25 or 55, you’re about to learn that it’s never too late to start. Today’s guest got started as a single mom in her 40s, and she’s already bought five rental properties in just two years. She’s not reinventing the wheel either—everything she’s doing, YOU can do, too!

 

Welcome back to the Real Estate Rookie podcast! Liz Connelly knew she wanted to invest in real estate, but her financial house wasn’t quite in order. While raising two children, Liz grinded away at three different jobs to rapidly increase her income, pay off debts, and save for a down payment. Now, five properties later, Liz is diversified across three different markets and has built teams in each one to make managing her real estate portfolio that much easier.

 

And she’s not done yet! Liz is still trialing different investing strategies in search of the right niche for her. You don’t need to have everything figured out either. Tune in as Liz shares why taking action today, no matter your age or marital status, is the best thing you can do for your future self!


In This Episode We Cover

Why it’s never too late to start investing in real estate (whether you’re 25 or 55!)

The investing strategy that gives you steady cash flow with minimal upkeep

The two biggest “traps” rookies fall into when investing out of state

Why you must get your financial house in order before investing (and how to do it!)

The real estate tax strategies that helped Liz write off $84,000 in one year

How to choose the right market(s) for medium-term rental investing

And So Much More!


Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-599

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Real Estate RookieBy BiggerPockets

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,763 ratings


More shows like Real Estate Rookie

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,786 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

399 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

832 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

979 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,411 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

412 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,087 Listeners

Master Passive Income Real Estate Investing by Master Passive Income Network

Master Passive Income Real Estate Investing

257 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

606 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

697 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

719 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

330 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

133 Listeners

On The Market by BiggerPockets

On The Market

902 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

849 Listeners

The David Greene Show by David Greene

The David Greene Show

690 Listeners