BiggerPockets Podcast 183: Achieving Financial Independence Through Rental Properties with Sarah P.

BiggerPockets Podcast 183: Achieving Financial Independence Through Rental Properties with Sarah P.

2 min read
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What does it take to achieve financial independence? Thousands of deals and a 100+ hour work-week hustle? Not according to today’s guest! Today we bring you an incredible interview with Sarah P. who just one year ago began her journey toward financial independence using rental properties — part-time! You’ll learn how Sarah is building a rental portfolio despite living in one of the most crowded, competitive markets in the world, as well as her best tips on overcoming obstacles, creative finance, and more. This show will not only give you miles of practical advice, it will leave you saying, “I can totally do that!”

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In This Episode We Cover:

  • How she discovered financial literacy through Mr. Money Mustache
  • How analyzing deals made her feel comfortable buying her first deal
  • How to invest if you’re in an expensive market
  • The details on her first deal
  • How she chose her market
  • Sarah’s thoughts on HOAs
  • How she’s managing her properties
  • How old her properties are
  • How a Home Equity Line of Credit helped her land her first properties
  • What her long-term goal as an investor is
  • How Sarah finds her deals
  • Some obstacles she’s encountered in her investing career
  • What the 2 year rule is
  • How many hours a week she works on her real estate
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “My rental income does not count as income.” (Tweet This!)
  • “If they can’t help you, ask who else they know that can help you.” (Tweet This!)
  • “You need to know what to ask because you don’t know what you don’t know.” (Tweet This!)