{"id":73674,"date":"2015-07-02T00:02:15","date_gmt":"2015-07-02T06:02:15","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=73674"},"modified":"2023-04-12T06:28:28","modified_gmt":"2023-04-12T12:28:28","slug":"2015-07-02-bp-podcast-129-live-in-flips-frugality-and-finance-with-mindy-jensen","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-07-02-bp-podcast-129-live-in-flips-frugality-and-finance-with-mindy-jensen","title":{"rendered":"Live-in Flips, Frugality, and Finance with Mindy Jensen"},"content":{"rendered":"<p>On this episode of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a>, we&#8217;re going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You&#8217;ll meet <strong>Mindy Jensen<\/strong> and discover how she uses the <strong>&#8220;live-in flip&#8221; strategy<\/strong> to build wealth through real estate. You&#8217;ll also learn how a live-in flipper can save significant money on taxes as well as a discussion on the benefits of doing your own work. Don&#8217;t miss this enlightening, and hilarious, episode!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp129-mindy-jensen-podcast-transcript-frugality-live-in-flips-finance\" target=\"_blank\">Click here<\/a> to read the transcript.<\/p>\n<h2>Listen to The Show on iTunes<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC9765389569&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Live-in Flips, Frugality, and Finance with Mindy Jensen | BP Podcast 129\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/eyPvvnIiDW0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p><a href=\"\/renewsblog\/wp-content\/uploads\/2015\/07\/patchofland.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-73681 size-full alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/07\/patchofland.png\" alt=\"patchofland\" width=\"214\" height=\"62\" title=\"\"><\/a>We just wanted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> Patch of Land<\/strong>. Patch of Land is a Peer-to-Real-Estate (\u201cP2RE\u201d) lending marketplace that matches accredited and institutional investors seeking high-yield, short-term, asset-collateralized investments to borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.<\/p>\n<p>Learn more by visiting\u00a0<a href=\"https:\/\/patchofland.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">Patch of Land<\/a>!<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-41804\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/04\/BiggerPockets-Podcast-Cover-300-300.jpeg\" alt=\"BiggerPockets-Podcast-Cover 300 300\" width=\"150\" height=\"150\" title=\"\"><\/a><\/p>\n<ul>\n<li><strong>Who<\/strong> Mindy Jensen is<\/li>\n<li>Her thoughts on <strong>personal finance<\/strong><\/li>\n<li><strong>Frugality,<\/strong> as defined by Mindy<\/li>\n<li>A <strong>debate<\/strong> on Starbucks (as well as Priuses)\u00a0and frugality<\/li>\n<li>Where she <strong>spends<\/strong> her money<\/li>\n<li>How Mindy <strong>got started<\/strong> in real estate<\/li>\n<li>Details on her <strong>deals<\/strong><\/li>\n<li><strong>7%<\/strong> as a steal?<\/li>\n<li>The ins and outs of performing\u00a0a <strong>live and flip<\/strong><\/li>\n<li>Getting a <strong>real estate license<\/strong> as a means to invest<\/li>\n<li>What you should know about <strong>For Sale By Owner (FSBO)<\/strong> properties<\/li>\n<li>How she\u00a0<strong>advertises<\/strong> her houses<\/li>\n<li>The\u00a0<strong>pros and cons<\/strong> of live and flips<\/li>\n<li>Why <strong>women<\/strong> can and should fix houses<\/li>\n<li>The importance of <strong>home inspections<\/strong><\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/alerts\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Keyword Alerts<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/askbp\" target=\"_blank\" rel=\"noopener noreferrer\">#AskBP Podcast<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Blogs<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"\/renewsblog\/2013\/05\/09\/bp-podcast-017-mentors-retirement-jeff-brown\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast with Jeff Brown<\/a><\/li>\n<li><a href=\"\/renewsblog\/2013\/11\/02\/hack-housing-get-paid-live-free\/\" target=\"_blank\" rel=\"noopener noreferrer\">How to \u201cHack\u201d Your Housing and Get Paid to Live for Free<\/a><\/li>\n<li><a href=\"http:\/\/www.fsbomadison.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">FSBOMadison<\/a><\/li>\n<li><a href=\"http:\/\/www.zillow.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Zillow<\/a><\/li>\n<li><a href=\"http:\/\/www.trulia.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trulia<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/04\/20\/how-to-100000-dollars-year-real-estate\/\" target=\"_blank\" rel=\"noopener noreferrer\">BRRRR Strategy<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/06\/24\/real-life-examples-cost-of-ignorance-real-estate\/\" target=\"_blank\" rel=\"noopener noreferrer\">3 Real Life Examples That Prove the HIGH Cost of Ignorance in Real Estate<\/a><\/li>\n<li><a href=\"http:\/\/www.entrepreneur.com\/article\/245311\" target=\"_blank\" rel=\"noopener noreferrer\">Want to Make $1,000 or More Per Hour?<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\/55-new-member-introductions\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums: New Member Introduction<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><i><a href=\"https:\/\/www.biggerpockets.com\/flippingbook\" target=\"_blank\" rel=\"noopener noreferrer\">The Book on Flipping Houses<\/a>\u00a0<\/i>by J. Scott<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/nomoney\" target=\"_blank\"><em>The Book on Investing with No Money Down<\/em><\/a> by Brandon Turner<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2aobTZD\" target=\"_blank\" rel=\"noopener noreferrer\">The Snowball: Warren Buffett and the Business of Life<\/a><\/em> by\u00a0Alice Schroeder<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2abaNFr\" target=\"_blank\" rel=\"noopener noreferrer\">The Warren Buffett Way<\/a><\/em> by\u00a0Robert G. Hagstrom<\/li>\n<li><a href=\"http:\/\/amzn.to\/2aocmLE\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Richest Man in Babylon<\/em><\/a> by George S. Clason<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>\u201cFrugality is save money where you can, so you can spend it where you want to or where you need to.\u201d\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%E2%80%9CFrugality%20is%20save%20money%20where%20you%20can,%20so%20you%20can%20spend%20it%20where%20you%20want%20to%20or%20where%20you%20need%20to.%E2%80%9D%20%40BiggerPockets%20http:\/\/bit.ly\/1CIFDZj\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;I didn\u2019t get my license to sell houses. I got it\u00a0so that I could invest and have access to MLS.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22I%20didn%E2%80%99t%20get%20my%20license%20to%20sell%20houses.%20I%20got%20it%20so%20that%20I%20could%20invest%20and%20have%20access%20to%20MLS.%22%20%40BiggerPockets%20http:\/\/bit.ly\/1CIFDZj\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Nobody likes your house more than you.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Nobody%20likes%20your%20house%20more%20than%20you.%22%20Podcast%20129%20%40BiggerPockets%20http:\/\/bit.ly\/1CIFDZj\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Mindy<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/MindyJensen\" target=\"_blank\" rel=\"noopener noreferrer\">Mindy&#8217;s BiggerPockets Profile<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On this episode of the BiggerPockets Podcast, we&#8217;re going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You&#8217;ll meet [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-73674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/73674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=73674"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/73674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119218"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=73674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=73674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=73674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}