BiggerPockets Podcast 243: “How I Built 7-Figures of Wealth on a Working-Class Salary” with Joe “JD” Martin

BiggerPockets Podcast 243: “How I Built 7-Figures of Wealth on a Working-Class Salary” with Joe “JD” Martin

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Let’s be honest: not everyone is trying to buy hundreds or thousands of properties. In fact – just a small handful of incredible deals can help build impressive wealth AND great income. That’s the story you’ll hear today as we speak with Joe “JD” Martin, a real estate investor who’s building wealth while working his full-time job. As you’ll hear, JD had a rough start to his investing, losing over $100,000 on his first “deal,” but came back to create a stable, cash-flowing portfolio of single family houses that has given him financial freedom and over a million dollars in wealth. If that sounds like a plan you can get behind – don’t miss a moment of this powerful episode!

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This Show Sponsored By

We just waRealtySharesnted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!

Learn more by visiting RealtyShares.com/biggerpockets!

Fire Round Sponsor

freshlogoA huge thanks as well to our sponsor FreshBooks.
FreshBooks customers spend less time on paperwork, freeing up 2 days per month to focus on the work they love. What would you do with that extra time?

Learn more by visiting FreshBooks.

In This Episode We Cover:

  • Losing six figures on the first deal
  • The number one problem of that failed deal
  • How Joe got back into investing again and the strategy he chose
  • The details on his first rehab
  • Landlords who hate being landlords
  • How the quality of tenants matter
  • The importance of knowing who you want to rent to
  • Having a day job while investing
  • A Simple investing strategy
  • How he finances his properties
  • What is Cashflow Recycling?
  • The freedom to do what you love to do
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “A great place to live may not be a great place to sell to make some money.” (Tweet This!)
  • “There’s no one path that works for everyone.” (Tweet This!)
  • “You’re really just competing against yourself. There’s no competition.” (Tweet This!)

Connect with Joe

Let’s be honest: not everyone is trying to buy hundreds or thousands of properties. In fact – just a small handful of incredible deals can help build impressive wealth AND […]