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cover of episode From Making $28,000/Year to Replacing Her W2 in Just 5 Years Thanks to Rentals

From Making $28,000/Year to Replacing Her W2 in Just 5 Years Thanks to Rentals

2025/4/9
logo of podcast Real Estate Rookie

Real Estate Rookie

AI Deep Dive AI Chapters Transcript
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Deandra McDonald
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我从年收入28000美元的实验室技术员做起,通过18个月的努力,偿还债务,改善信用评分,最终买下我的第一套房产,一套价值85000美元的两居室联排别墅。我的月供比之前的租金低很多,通过出租其中一个房间,我成功覆盖了月供。 之后,为了避免与室友同住,我开始投资双联排别墅和四联排别墅,并利用自住房贷款购买。在管理这些房产的过程中,我利用YouTube视频自学维修技能,并通过与租户沟通,了解他们的需求,积极维护房产。 为了进一步扩大投资规模,我开始投资汽车旅馆。我亲自考察了房产,了解当地的规划法规,并通过出售之前的一套房产获得首付。改造汽车旅馆的过程是逐个单元进行的,由于疫情的影响,整个过程耗时一年左右。 在管理汽车旅馆的过程中,我雇佣了团队成员协助管理,并通过定期检查和与租户沟通,积极维护房产。我根据租户的需求,在汽车旅馆增加了洗衣房设施,提升了租户的居住体验。 在投资四年后,我的房产投资收入超过了我的教师工资,于是我辞去了教师工作,全职从事房地产投资。在整个投资过程中,我始终关注财务目标,并保持感恩的心态。我将财务成功定义为能够满足我的生活需求,并拥有足够的资金来应对风险,而不是无限追求增长。

Deep Dive

Chapters
Deandra McDonald, a former lab technician earning 28,000 annually, shares her inspiring journey from rent struggles to building a multi-million dollar real estate portfolio in just five years. She highlights the importance of financial discipline, debt reduction, and strategic investing in achieving financial freedom.
  • Deandra's initial struggle to pay rent motivated her to pursue real estate investing.
  • She initially faced rejection from a lender due to high debt-to-income ratio.
  • Through strict budgeting and debt reduction, she saved for a down payment and purchased her first property in 18 months.

Shownotes Transcript

Could rentals give YOU financial freedom)? Today’s guest took a giant leap of faith to invest in real estate), and it allowed her to quit her low-paying W2 job in just *five *years. If you’ve yet to take the first step in your investing journey, this rags-to-riches story will inspire you to get off the sidelines and into the game!

Welcome back to the Real Estate Rookie podcast! Earning just $28,000 a year as a lab tech and struggling to pay rent on a property she didn’t even own, Deandra McDonald was determined to buy a house and enjoy the long-term benefits of owning real estate. But when her lender told her she couldn’t qualify for a mortgage), Deandra did what so many aspiring investors are unwilling to do—she cut out ALL unnecessary spending to pay off her debts, rebuild her credit, and save for a down payment). In just 18 months, she was able to buy her first house—all while working the same low-paying job!

And that’s just the beginning of Deandra’s story. After realizing that renting out a room in her new home could cover her mortgage payment, she caught the multifamily investing bug. Fast forward to today, and Deandra has built a multimillion-dollar real estate portfolio). Tune in to find out exactly how she did it and how you can copy her success!

In This Episode We Cover

The investing strategy) that helped Deandra to quit her W2 job in just five years

How Deandra bought her first property while making just $28,000 a year

Fast-tracking your down payment by cutting unnecessary expenses

Leveraging your current properties to grow your real estate portfolio

The secrets to self-managing your properties (and keeping tenants happy!)

How to seamlessly pivot from single-family homes to multifamily investments

And So Much More!

Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-546)

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

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