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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380: Rookie Reply: How to Start Investing, Walking Away from Deals, & Co-hosting
379: How to Buy Your First or Next Rental Property in 90 Days (or Less!) w/Dave Meyer
378: Paying Off $100K in Debt with 3 Rentals Thanks to THIS Low-Money Strategy w/Dave Williams
377: Rookie Reply: Cash Flow vs. Appreciation, Using HELOCs, and Trashed Rentals
376: The $150K “Stolen” Rental Property and How to Avoid a Real Estate Scam w/Matt Drouin
375: Making $160K/Year From ONE “Rare” Property Thanks to Seller Financing w/Adam Howard
374: Rookie Reply: Screening Tenants, Using Hard Money, and Raising Rents
373: Wiping Out $130K of Debt in ONE Year With THIS “Steady” Real Estate Business w/Nicole Rutherford
372: $4K/Month and Financial Stability From Rentals After Losing His “Safe” Job w/Kevin and Julia Windheuser
371: Rookie Reply: Estimating Rehab Costs, Finding "Hard Money," & Tax Planning w/Natalie Kolodij
370: Making $140K/Year & Retiring His Wife in 18 Months with “Rental Arbitrage” w/Keron Bryce
369: Financial Freedom in 10 Years and $200K Cash Flow with a Small Portfolio w/Dion McNeeley
368: Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij
367: How to Buy a Hotel: Breaking Down Tony’s FIRST Commercial Real Estate Deal
366: The EASIEST Way to Get into Real Estate Investing With NO Money w/Amina Stevens
365: Rookie Reply: How to Analyze Deals Like a PRO (Use THESE Numbers & Tools)
364: Making $115K From a Nightmare First Deal (Cops, Evictions, and Break-Ins!) w/Mitch Krotz
363: How to Start an Airbnb Business in a Brand New Market w/Melanie Wilmesher
362: Rookie Reply: HELOCs Explained and How to Invest with BAD Credit
361: How to Buy Your First Rental Property When You CAN’T Get Approved for a Loan w/Mike Previtera
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