BiggerPockets Real Estate Podcast
Business:Investing
Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid. These properties are often in overlooked markets that aren’t as attractive as San Diego, Miami, Austin, or Seattle, but they make her as much, if not more, money. The houses Soli buys are often $100K or less, meaning almost any investor reading this could come close to buying one.
In three years, Soli turned $50K into a $5M real estate portfolio, enough passive income to support her for life, and an online following constantly finding and funding deals for her. She started building her real estate portfolio right after college when lockdowns took away her chance to make any active income. After reading David Greene’s Long-Distance Real Estate Investing and listening to the Real Estate Rookie podcast, Soli scraped together every dollar she had and bought a Midwest rental that needed serious rehab.
Now, a few years later, she and her partners own dozens of rentals across multiple markets. As a result, Soli was able to quit her job, focus entirely on real estate, and achieve ultimate time freedom. But will her cash-flow-first model work out in the long run? David goes head to head with Soli in this episode to debate whether or not these “cheap” markets are a mistake to invest in.
In This Episode We Cover:
Out-of-state investing and where to buy rental properties for just $100K
Expensive properties vs. cheap properties and which will really make you richer
Keeping yourself accountable and why you need to tell people your goals to make them happen
Raising private money and how Soli got over 800 private investors through Instagram alone
Real estate partnerships and how to grow your portfolio FAR faster by not going solo
The battle of the BRRRRs and a David vs. Soli debate over which markets make the most money
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Davids's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Listen to The “Real Estate Rookie” Podcast
Check Out Soli On the “On The Market” Podcast
Books Mentioned in the Show
Long-Distance Real Estate Investing by David Greene
Connect with Soli
Soli's BiggerPockets Profile
Soli's Instagram
Soli's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-815
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
769: The Beginner’s Guide to “Infinite Investing” with the BRRRR Method
768: Seeing Greene: Do This BEFORE You Leave Your 9-5 Behind
767: Multifamily Market Update + What a 20 Year Veteran Knows That You Don’t w/Angie Smith
766: Explosive Growth Could Be in Store for These Two Real Estate Markets w/Kim Meredith-Hampton and Victor Steffen
765: Seeing Greene: Out-of-State Mistakes, “Low Risk” Real Estate, & False Cash Flow
764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait
763: Barbara Corcoran's Wild Real Estate Tactics You'll Want to Repeat
762: The US Dollar’s Downfall, Flipping vs. BRRRING, and Where to Find Cash Flow
761: From Sleeping on the Floor to Making $80K/Month (in 2 Years!) w/Yamundow Camara
760: BiggerNews: Buyers Jump Back In as Real Estate Competition Heats Up
759: Seeing Greene: The ONE Factor That'll Make or Break Your Rental Property
758: Real Estate vs. Stocks: Which Will Make YOU More Money in 2023? w/Trey Lockerbie
757: $0 Down Deals, 3% Interest Rates, and Insane Property Purchases w/Pace Morby
756: Seeing Greene: How to “Supercharge” Your Rental Property's Cash Flow in 2023
755: How a Barber Went from $12 Clips to Six-Figure Cash Flow in 10 Years w/Rick Morin
754: EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023
753: Seeing Greene: CPAs Answer YOUR Top Investing and Tax Questions
752: Why I Sold a Rental Property Portfolio That Took Me YEARS to Build w/Lee Yoder
751: Why the BRRRR Method WON'T Be the Same in 2023
750: Seeing Greene: Don't Fall For the "Quick Cash Flow" Properties
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
On The Market
The Rebel Capitalist Show
TED Talks Daily
Radiolab
StarTalk Radio