BiggerPockets Real Estate Podcast
Business:Investing
Keleisha Carter built a $5K/month passive income stream as a new immigrant with NO green card, money, or ability to get a mortgage. After realizing that her corporate job in Jamaica wouldn’t lead her to where she wanted to be, Keleisha made the adventurous decision to pack up everything she had and move to the US. Overnight, she went from a high-respected marketing role to bussing tables in an entirely different country, but she had bigger plans.
Keleisha’s goal was to support her family financially in any way she could and eventually bring them to the States. After numerous promotions, Keleisha built up a small sum of savings that she would use to buy her first rental property. Or, that was the plan until she realized that without being a US citizen, purchasing a home and getting a mortgage would be much more complicated than she thought.
In today’s show, Keleisha shares her smart strategy to get around the banks and buy properties, EVEN as a new immigrant. Plus, she’ll show how she’s buying rentals today WITHOUT using her own money and why she’ll NEVER try to flip houses again.
In This Episode We Cover:
How to get around mortgage qualifications and buy your first property WITHOUT the banks
Quitting corporate and when it’s time to take a risk and leave a soul-sucking job behind
An immigrant’s guide to real estate investing without a Green Card or citizenship
Why EVERY BRRRR (buy, rehab, rent, refinance, repeat) property MUST work as a house flip
How to find the perfect out-of-state investing market even if you have ZERO investing experience
And So Much More!
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BiggerPockets Podcast 636 with Amy Mahjoory (Part 1)
BiggerPockets Podcast 352 with Diego Corzo
Connect with Keleisha:
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Keleisha's LinkedIn
Keleisha's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-848
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900: The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) w/Brian Burke, J Scott, and Scott Trench
899: The Renovations That’ll Instantly Increase Your Home Value (Part 2) w/James Dainard and Jessie Rodriguez
898: Making $175K in Instant Equity on Her First Real Estate Deal w/Lacey Russell and Sam Haack
897: Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market
896: The Renovations That’ll Instantly Increase Your Home Value (Part 1) w/James Dainard and Jessie Rodriguez
895: BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs w/Natalie Ambrosio Preudhomme
894: How to Buy a Rental Property in 90 Days (or Less!)
893: 2024’s New BRRR Strategy: BUILD, Rent, Refinance, Repeat w/Natalie Cloutier
892: Seeing Greene: How to Retire with Real Estate and Negotiate Your Loans
891: How to Negotiate a Deal When It's Under Contract
890: 100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall
889: How to Build Generational Wealth Without Losing it Along the Way w/Whitney Elkins-Hutten
888: 25 Properties at 27 Years Old by Building His Own Rentals w/Donovan Adesoro
887: Seeing Greene: Your Last Chance Before the House-Buying “Tsunami” Hits?
886: How to Choose a Real Estate Investing Market (Step-by-Step)
885: BiggerNews: America's Path to "Renter Nation" as Prices Rise, Rates Stay Put w/J Scott
884: How to Use "Hard Money" to Flip Houses, BRRRR, or Buy More Deals w/Will Heaton
883: From Homeless at 17 to Solving the Affordable Housing Crisis for a Profit w/Terrica Lynn Smith
882: Seeing Greene: How Do I Start Investing When There’s NO Cash Flow?
881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast
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