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372: $4K/Month and Financial Stability From Rentals After Losing His “Safe” Job w/Kevin and Julia Windheuser

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Manage episode 402734842 series 2632451
תוכן מסופק על ידי BiggerPockets. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי BiggerPockets או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

For some people, real estate investing is “too risky.” But what if a small, cash-flowing portfolio could provide financial stability when you lose your job? If you asked today’s guests, they might say it’s too risky NOT to buy rental properties!

Welcome back to the Real Estate Rookie podcast! Kevin and Julia Windheuser got into real estate at the perfect time. Shortly after building a small portfolio with six total doors, Kevin was let go from his “safe” engineering job. With no W2 income, the couple leaned on the steady income from their rentals. This $4,000 monthly cash flow bought them the time to not only work on their real estate business but also find Kevin a new job.

In this episode, you’ll learn about the power of a “small and mighty” rental portfolio and how it can insulate your finances when times are tough. Kevin and Julia also talk about why they chose a market just outside their backyard, as well as how they estimate rehab costs. Tired of bad tenants? Julia shares the unique screening process she uses to guarantee the best tenants in town!

In This Episode We Cover:

How to build a small portfolio of cash-flowing rental properties

How multiple streams of income can save you financially in life

Choosing a market when your backyard is too expensive to invest

Home renovation projects YOU can tackle (and which ones to outsource)

Simple ways to estimate rehab costs as a new investor

How to improve your screening process and get better tenants in your rentals

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!

Apply to Be a Guest on the “Real Estate Rookie” Podcast

Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio

Making $10K/Month with a “Small and Mighty” Rental Portfolio

How to Screen Tenants for Rental Property

Rental Management Tools for Landlords:

RentRedi

Stessa

Connect with Kevin & Julia:

Kevin and Julia's Instagram: @luxlivingri

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-372

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

  continue reading

424 פרקים

Artwork
iconשתפו
 
Manage episode 402734842 series 2632451
תוכן מסופק על ידי BiggerPockets. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי BiggerPockets או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

For some people, real estate investing is “too risky.” But what if a small, cash-flowing portfolio could provide financial stability when you lose your job? If you asked today’s guests, they might say it’s too risky NOT to buy rental properties!

Welcome back to the Real Estate Rookie podcast! Kevin and Julia Windheuser got into real estate at the perfect time. Shortly after building a small portfolio with six total doors, Kevin was let go from his “safe” engineering job. With no W2 income, the couple leaned on the steady income from their rentals. This $4,000 monthly cash flow bought them the time to not only work on their real estate business but also find Kevin a new job.

In this episode, you’ll learn about the power of a “small and mighty” rental portfolio and how it can insulate your finances when times are tough. Kevin and Julia also talk about why they chose a market just outside their backyard, as well as how they estimate rehab costs. Tired of bad tenants? Julia shares the unique screening process she uses to guarantee the best tenants in town!

In This Episode We Cover:

How to build a small portfolio of cash-flowing rental properties

How multiple streams of income can save you financially in life

Choosing a market when your backyard is too expensive to invest

Home renovation projects YOU can tackle (and which ones to outsource)

Simple ways to estimate rehab costs as a new investor

How to improve your screening process and get better tenants in your rentals

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!

Apply to Be a Guest on the “Real Estate Rookie” Podcast

Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio

Making $10K/Month with a “Small and Mighty” Rental Portfolio

How to Screen Tenants for Rental Property

Rental Management Tools for Landlords:

RentRedi

Stessa

Connect with Kevin & Julia:

Kevin and Julia's Instagram: @luxlivingri

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-372

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

  continue reading

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