Getting Started in Real Estate

Jesse Dillon is a 30-year-old real estate investor and owner of two other businesses. She says her experience as an entrepreneur already has helped her get started in the industry. "If I didn't have the help that I have and wasn't able to delegate to people, I definitely could not have made all three of these purchases this year"

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

If early retirement seems out of reach right now, try semi-retirement. Once you get there, you’ll only be halfway to early retirement, just like today’s guest, Jessie Dillion. At only thirty years old, she is semi-retired and has scaled her real estate portfolio to almost two million dollars in nine months, with five properties total!

When people think about high returns, they often think about a high unit count—but why have a lot when you can do the same with a few? Jessie is strategic about each property purchase she makes and has made a goal to make one smart investment each quarter. She currently has a single-family home and two duplexes. One of her duplexes is a house hack, and her portfolio sports a mix of long-term, short-term, and mid-term tenants.

Jessie’s success is due to how responsible she is with her finances. To finance her first property, she built up her savings to ensure she had enough to cover any surprises. As Jessie continues to scale, she has gotten more creative with her financing. She has formed great relationships with her lenders because of her ability to ask questions and carefully choose where and how she gets her funding. Now she is semi-retired at thirty years old and pays a measly fifty dollars a month towards her mortgage!

In This Episode We Cover

The FIRE movement and how to start your early retirement journey today

How to use transferable skills from other jobs to make investing easier

Building trust with your spouse and getting them on board with your investing journey

Getting the funding for your first rental property and how to use creative financing for the rest

Brilliant savings tips and how to rapidly increase your savings

The loan process and how to build a strong relationship with lenders

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

Ashley's Instagram

Tony's Instagram