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!
In This Episode We Cover:
Making $5,000 in monthly cash flow from five rental properties
How Andres was able to** quit his W2 job** in 18 months with real estate
The investing strategy) that maximizes your rental property’s profits
Why co-living presents a huge opportunity for** investors **in 2025 and beyond
The **best **real estate side hustles) to fast-track your investing journey
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Real Estate Rookie Facebook Group)
Follow Real Estate Rookie on Instagram)
Ask Your Question for a Future Rookie Reply)
“Like” Real Estate Rookie on Facebook)
Buy the Book, “Wealth Without Cash”)
Sign Up for the Real Estate Rookie Newsletter)
Find Investor-Friendly Lenders)
Co-Living Units Are Helping Investors Generate Higher Returns—Here’s What You Need to Know)
(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!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-536)
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