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
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321: The Fast Track to Financial Freedom & Turning $29K into $1.5M by Doing THIS w/Joe and Andrea DelGrosso
320: How to Work LESS and Earn MORE by Putting "Profit First" in Real Estate w/Mike Michalowicz
319: The Beginner’s Guide to Real Estate Development (with LOW Money Down!) w/Terry Harris
318: Rookie Reply: No Capital OR Credit? Get Deals Done with THIS Financing Tool
317: 7 Deals in 2 Years with HUGE Cash Flow: How to Grow Your Real Estate FAST w/Mackenzie Brogdon
316: Rookie Reply: Put THIS in Your Lease Agreement (So Tenants Don’t Break It!)
315: House Poor to HUGE Cash Flow by Doing THIS: Robuilt’s Rags-to-Riches Story w/Rob Abasolo
314: Rookie Reply: Mortgage Points, Seasoning Periods, and Cash-Out Refinancing 101
313: The REAL Side of Real Estate: When Rehabs and Rentals Go Wrong w/Tyrin Tyson
312: Rookie Reply: The Seller Hasn't Responded...What Do I Do?
311: DIY Real Estate Hacks That Will Save You a FORTUNE on Your Deals w/Shaun Kelly
310: How to Grow Your Rental Portfolio EVEN Faster w/Real Estate Partnerships
308: Rookie Reply: Don’t Chase Cash Flow! Use THIS Metric to Analyze Your Deals
307: How to Protect Your Rental from Fires, Floods, Lawsuits, and Liability
306: Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio w/Chad Carson
305: The Rookie’s Guide to Analyzing Rental Properties and Airbnbs in 2023
304: Rookie Reply: Don't Have 20% Down? Here's How to Fund Your Next Investment
303: How to “Supercharge” Your Real Estate Portfolio with Investor Meetups w/Spencer Carpenter
302: Rookie Reply: How to Get 100% Financing for ALL of Your Real Estate Deals
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