A small real estate portfolio that replaces your entire W2 income!? Many rookies assume that becoming a full-time investor is only possible after amassing a large portfolio with dozens of properties, but that’s not the case. Today’s guest was able to meet his family’s monthly income goals with only six rentals!
In this episode of the Real Estate Rookie podcast, we’re speaking (in person!) with Travis Hall, an investor who knew very little about real estate just 18 months ago. After seeing the stress that his wife’s rigorous W2 job was creating, Travis discovered BiggerPockets and caught the real estate bug. The rest is history. Today, he has a small portfolio of six rentals—all thanks to the power of networking, partnerships, and, most importantly, taking action.
If you’re ready to trade in the rigidity of your nine-to-five for the flexibility of real estate, tune in to hear Travis talk about his fast journey to full-time real estate investor. He spares no details when discussing his short-term rental strategy (including some VERY unique investments), as well as the monthly income goals he needed to meet to make full-time investing a reality.
Grab Ashley and Tony’s latest book, Real Estate Partnerships. Don’t forget to use code “REALESTATE” to get 10% off at checkout!
In This Episode We Cover
Replacing your W2 income through a small real estate portfolio
Combining the cash flow from multiple rentals to meet your income goals
Why you NEED to review your market’s short-term rental regulations BEFORE closing a deal
Airbnb arbitrage (and how to convince a landlord to let you do it!)
Using Facebook groups to find partners for future real estate deals
How to start managing other properties with ZERO capital
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Submit Your Real Estate Rookie Question!
Hear Our Interview with Chad “Coach” Carson On the Small and Mighty Rental Portfolio
Follow David Greene on Instagram
Book Mentioned in the Show:
Pre-Order The New Book “Real Estate Partnerships” and Use Code “REALESTATE” to Get 10% Off
Connect with Travis:
Travis' Instagram
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-309
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
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423: Making $15K/Year & Living with His Mom to 5 Deals in 5 Years with LOW Money w/Todd Fullerlove Jr.
422: Rookie Reply: How to Invest with $100K & Managing Home Renovations
421: Turning a “Failed” Property Into a $7K/Month Rental by Doing THIS Instead w/Kayley George
420: From Pizza Delivery Driver to 11 Rental Units Using Savvy Seller Financing w/Greyden Piechnick
419: How to Use Science to Find the Right People for Your Real Estate Business w/Richard Davis, Ph.D
418: My Property Manager Robbed and Ghosted Me ($40K Stolen!) w/BiggerPockets CEO Scott Trench
417: The “Underrated” Assets That Offer HUGE Cash Flow & Multiple Income Streams w/Dylan Kidd
416: How to Find & Fund MORE Real Estate Deals in 2024 (Tips from a PRO!) w/Henry Washington
415: $9K/Month Cash Flow, Scaling FAST, & Saving Thousands in Taxes by Doing THIS w/Riley McFarland
414: Financial Independence at 29 by Quitting Rentals to Invest in THIS w/Dillon Leonard
413: Rookie Reply: How to Invest in Real Estate While Working 9-5
412: Stay-at-Home Mom to “Accidental” Investor with a $600K/Year Business w/Terri-Leigh Huleis
411: ‘The Bachelorette’ Alum Tyler Cameron on Building a $3M Portfolio in 3 Years!
410: Fundamentals of Funding: How to Finance Real Estate Without the Big Banks w/Henry Washington
409: Fundamentals of Funding: How to Get Approved for a Mortgage (Step-by-Step) w/Jeff Welgan
408: Fundamentals of Funding: How to Find the Right Lender for Your Next Rental w/Joe Coleman
407: Stop Paying Someone Else’s Mortgage: Beginner Steps to Buy Your FIRST Home w/Aaron Mann
406: Inside Our FIRST Commercial Real Estate Deal (A 13-Unit Hotel!) w/Tony & Sara Robinson
405: Financial Freedom in 3 Years by Scaling with Small Multifamily w/Dan Marklin
404: Rookie Reply: The Rental Property Expenses You CAN’T Afford to Miss
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