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Making a Bold Move and Facing Stigma in the Restaurant Industry
Discussion on the decision to move to another country, work in the restaurant industry, and the challenges and stigma associated with it.
Keleisha Carter built a $5K/month passive income stream as a new immigrant with NO green card, money, or ability to get a mortgage. After realizing that her corporate job in Jamaica wouldn’t lead her to where she wanted to be, Keleisha made the adventurous decision to pack up everything she had and move to the US. Overnight, she went from a high-respected marketing role to bussing tables in an entirely different country, but she had bigger plans.
Keleisha’s goal was to support her family financially in any way she could and eventually bring them to the States. After numerous promotions, Keleisha built up a small sum of savings that she would use to buy her first rental property. Or, that was the plan until she realized that without being a US citizen, purchasing a home and getting a mortgage would be much more complicated than she thought.
In today’s show, Keleisha shares her smart strategy to get around the banks and buy properties, EVEN as a new immigrant. Plus, she’ll show how she’s buying rentals today WITHOUT using her own money and why she’ll NEVER try to flip houses again.
In This Episode We Cover:
How to get around mortgage qualifications and buy your first property WITHOUT the banks
Quitting corporate and when it’s time to take a risk and leave a soul-sucking job behind
An immigrant’s guide to real estate investing without a Green Card or citizenship
Why EVERY BRRRR (buy, rehab, rent, refinance, repeat) property MUST work as a house flip
How to find the perfect out-of-state investing market even if you have ZERO investing experience
And So Much More!
Links from the Show
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Be a Guest on the BiggerPockets Podcast
BiggerPockets Podcast 636 with Amy Mahjoory (Part 1)
BiggerPockets Podcast 352 with Diego Corzo
Connect with Keleisha:
Keleisha's BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-848
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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