{"id":75199,"date":"2015-10-08T00:02:25","date_gmt":"2015-10-08T06:02:25","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=75199"},"modified":"2023-04-12T06:43:05","modified_gmt":"2023-04-12T12:43:05","slug":"2015-10-08-bp-podcast-143-quitting-6-figure-job-full-time-real-estate-nick-baldo","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-10-08-bp-podcast-143-quitting-6-figure-job-full-time-real-estate-nick-baldo","title":{"rendered":"Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">On this episode of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a> we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real estate investing dreams. Our guest, <strong>Nick Baldo<\/strong>, shares his story of starting with nothing and turning that into a <strong>sizable business that both flips and rents houses<\/strong>. Oh, and Nick isn\u2019t even thirty yet! Don\u2019t miss this informative episode of the BiggerPockets Podcast!<\/span><\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp143-nick-baldo-podcast-transcript-quitting-a-six-figure-job-to-go-full-time\" 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=BIGPOC5709404370&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=\"Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo | BP Podcast 143\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/Niw90HF7Z2M?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><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/08\/rio-logo.png\" alt=\"\" width=\"280\" height=\"74\" title=\"\">We just wanted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:\u00a0<strong>Residential Investor One<\/strong>. Residential Investor One is a powerful cooperative of residential real estate investors dedicated to enhancing the efficiency and productivity of their\u00a0members.<\/p>\n<p>Learn more by calling 855-257-2201 or visiting\u00a0<a href=\"https:\/\/residentialinvestorone.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">residentialinvestorone.com\/biggerpockets<\/a><\/p>\n<h2>Fire Round\u00a0Sponsor<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-74647 size-gallery-block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/08\/freshlogo-214x140.png\" alt=\"freshlogo\" width=\"214\" height=\"140\" title=\"\"><\/h2>\n<p>A huge thanks as well to our Fire Round sponsor FreshBooks.<br \/>\nFreshBooks customers spend less time on paperwork, freeing up <span class=\"tooltips\">2 days per month<\/span> to focus on the work they love. What would you do with that extra time?<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.freshbooks.com\/pages\/biggerpockets?ref=11568&amp;utm_source=bigger-pockets&amp;utm_medium=podcast&amp;utm_campaign=2015\" target=\"_blank\" rel=\"noopener noreferrer\">FreshBooks<\/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>How Nick\u00a0<strong>got into real estate<\/strong><\/li>\n<li>Where he is currently investing and the typical prices of <strong>houses in his area<\/strong><\/li>\n<li>How he began <strong>flipping houses<\/strong> when he was just 23!<\/li>\n<li>Where he got his <strong>funding<\/strong><\/li>\n<li>How he was able to do business with a <strong>private money lender<\/strong><\/li>\n<li>Lessons learned from the <strong>first deals<\/strong><\/li>\n<li>The importance of <strong>ARV analysis<\/strong><\/li>\n<li>Why he took\u00a0that <strong>first step<\/strong> despite the lack of knowledge<\/li>\n<li>The ins &amp; outs of transitioning from flipping houses to <strong>house hacking<\/strong><\/li>\n<li>How to handle\u00a0real estate investing as a <strong>business<\/strong><\/li>\n<li>How to scale your\u00a0business by <strong>building systems<\/strong><\/li>\n<li>The <strong>online tools<\/strong> he uses for managing his business<\/li>\n<li>How to use <strong>networking<\/strong> as\u00a0marketing<\/li>\n<li>Where\u00a0Nick&#8217;s business is <strong>today<\/strong><\/li>\n<li>Tips for those who want to <strong>quit their jobs<\/strong> and become full time investors<\/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=\"\/renewsblog\/2015\/10\/01\/bp-podcast-142-22-and-a-half-actionable-tips-beginner-real-estate-investors-with-josh-brandon\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 142: 22 \u00bd ACTIONABLE Tips for Beginner Real Estate Investors With Josh and Brandon!<\/a><\/li>\n<li><a href=\"https:\/\/podio.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Podio<\/a><\/li>\n<li><a href=\"https:\/\/asana.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Asana<\/a><\/li>\n<li><a href=\"https:\/\/drive.google.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Google Drive<\/a><\/li>\n<li><a href=\"http:\/\/www.appfolio.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">AppFolio<\/a><\/li>\n<li><a href=\"http:\/\/www.jdoqocy.com\/click-8537200-12733662\" target=\"_blank\" rel=\"noopener noreferrer\">Buildium<\/a><\/li>\n<li><a href=\"http:\/\/quickbooks.intuit.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">QuickBooks<\/a><\/li>\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\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2a8WuwQ\" target=\"_blank\" rel=\"noopener noreferrer\"><em>FLIP: How to Find, Fix, and Sell Houses for Profit<\/em><\/a> by\u00a0Rick Villani and Clay Davis<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2a8VWHg\" target=\"_blank\" rel=\"noopener noreferrer\">The Millionaire Real Estate Investor<\/a>\u00a0<\/em>by Gary Keller<\/li>\n<li><a href=\"http:\/\/amzn.to\/2ahWcmU\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Think and Grow Rich<\/em><\/a> by Napoleon Hill<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a8WIUy\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Outwitting the Devil: The Secret to Freedom and Success<\/em><\/a> by Napoleon Hill<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;There\u00a0are\u00a0always people with extra money not knowing what to do with it.\u201d\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22There%20are%20always%20people%20with%20extra%20money%20not%20knowing%20what%20to%20do%20with%20it.%E2%80%9D%20%40BiggerPockets%20Podcast%20143%20http%3A\/\/bit.ly\/1FX86ld\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;It\u2019s impossible to get started without your character.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22It%E2%80%99s%20impossible%20to%20get%20started%20without%20your%20character.%22%20%40BiggerPockets%20Podcast%20143%20http%3A\/\/bit.ly\/1FX86ld\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;We did things as a business that had a 100 rentals would do it.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22We%20did%20things%20as%20if%20a%20business%20that%20had%20a%20100%20rentals%20would%20do%20it.%22%20%40BiggerPockets%20Podcast%20143%20http%3A\/\/bit.ly\/1FX86ld\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Nick<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/nicholasbaldo\" target=\"_blank\" rel=\"noopener noreferrer\">Nick&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/incomedigs.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nick&#8217;s Blog<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On this episode of the BiggerPockets Podcast we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-75199","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\/75199","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=75199"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/75199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119042"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=75199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=75199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=75199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}