Real Estate Rookie

261: How Nancy Rodriguez from 'Love is Blind' Hit Financial Freedom BEFORE Fame

02.15.2023 - By BiggerPocketsPlay

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Most people would assume ‘Love is Blind’ star Nancy Rodriguez built most of her wealth after appearing on the show. But most people would be wrong. For the past seven years, Nancy has been quietly building a cash-flowing rental property portfolio, allowing her to become debt-free, go full-time into real estate, and build generational wealth for her family. She started her journey with 0% down loans, worked her way up to short-term rentals, and is now buying properties in cash across the great state of Texas.

Nancy grew up with limited financial education. Money wasn’t a topic that was often discussed but witnessing her parents work hard to obtain it taught her that wealth was worth attaining. After graduating from college, she was strapped with six figures in student debt, prompting her to become a debt-free Dave Ramsey disciple. But, as she paid off her debt, the fear of leverage fell away, allowing her to pick up property number one with a 0% down payment.

From there, she piled her money into properties, buying as many “ugly” homes as possible and turning them into worthwhile stays. She’s dealt with burnt interiors, squatters, and bad contractors, but nothing has stopped her from achieving the financial freedom she sought. Now in the limelight, Nancy is trying to help others do the same. So if you want to repeat Nancy’s system without going on reality TV, tune into this episode!

In This Episode We Cover

Paying off six figures of student debt and buying your first property with 0% down

The first-time homeowner program that requires no cash, no credit, and offers the BEST interest rates around

How to deal with squatters and a win-win solution that every landlord should try

Building your financial education and using side hustles to fund your property purchases

Short-term rental investing and using it to get high cash flow in today’s tough market

Buying rentals in cash and when it makes sense to decline debt

Generational wealth and using a small rental property portfolio to boost your family’s opportunities

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

Ashley's Instagram

Tony's Instagram

Airbnb

BiggerPockets

Expensify

Finance Friday: How to Start Investing After Becoming Debt-Free

Furnished Finder

NACA

Pace Morby's Instagram

Real Estate Rookie Facebook Group

The Real Estate Podcast

Vrbo

Connect with Nancy:

Nancy's Instagram

Nancy's Tiktok

Nancy's Youtube Channel

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-261

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