“Tiny” investments with BIG upsides? Today’s guest **turned a $12,000 **down payment) (all the money he had) into four rental properties and a unique real estate investing business. After an injury from his time in the Army left Manny Reyna with altered life plans, he had to decide what to do next. He didn’t have much money but wanted to provide for his wife and young son. The best option: use his VA loan) to buy a house.
With every dollar he had, he bought a home, knowing it could one day be a rental, but little did he know that it would kickstart a very different real estate investing journey. Fast forward a few years later, and Manny has a glamping/tiny house)** business **that he started with just $20,000. This tiny home brings in some respectable cash flow but wasn’t without its struggles.
In this episode, we’re going through the** big ups (and big downs) of Manny’s journey**, from having to literally move a house to bad guests ruining his first short-term rental, installing utilities on completely raw land, and managing his properties from very far away (he’s in Japan right now!).
In This Episode We Cover:
Why every veteran or active duty military member should use THIS loan to buy a house
How to start investing without much money by buying “tiny” investment properties
Whether you should** hire **property management or self-manage) your first property
Why** lowering your rent price is worth it** to avoid prolonged vacancies) (don’t make Manny’s mistake!)
How much it cost Manny to install utilities (electrical, septic, etc.) on a raw land for his glamping properties
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Tony's BiggerPokckets Profile)
Join BiggerPockets for FREE)
Real Estate Rookie Facebook Group)
Real Estate Rookie YouTube)
Follow Real Estate Rookie on Instagram)
Get Casita on Instagram )
Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year)
Grab the Book, “Short-Term Rental, Long-Term Wealth”)
Property Manager Finder)
$11,000/Month with One VERY Unique Rental Property w/Garrett Brown)
Connect with Manny)
(00:00) Intro
(02:10) First House for $12K Down!
(06:00) Hiring Property Management
(09:34) I Can't Get Tenants!
(10:37) $50K Tiny Homes and Land Investing
(16:15) Setting Up Utilities on New Land
(21:21) Tiny House Amenities
(24:11) Cash Flow and Current Rent
(26:37) Tenants Trashed My Property!
(29:58) Buying MORE Tiny Homes
(33:44) Managing Properties from Abroad
(35:09) Connect with Manny!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-518)
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)
