Think you’ve missed your shot at real estate investing? Whether 25 or 55, you’re about to learn that it’s never too late to start. Today’s guest got started as a single mom in her 40s, and she’s already bought five rental properties in just two years. She’s not reinventing the wheel either—everything she’s doing, YOU can do, too!
Welcome back to the Real Estate Rookie podcast! Liz Connelly knew she wanted to invest in real estate, but her financial house wasn’t quite in order. While raising two children, Liz grinded away at three different jobs to rapidly increase her income, pay off debts, and save for a down payment. Now, five properties later, Liz is diversified across three different markets and has built teams in each one to make managing her real estate portfolio that much easier.
And she’s not done yet! Liz is still trialing different investing strategies in search of the right niche for her. You don’t need to have everything figured out either. Tune in as Liz shares why taking action today, no matter your age or marital status, is the best thing you can do for your future self!
In This Episode We Cover
Why it’s never too late to start investing in real estate (whether you’re 25 or 55!)
The investing strategy that gives you steady cash flow with minimal upkeep
The two biggest “traps” rookies fall into when investing out of state
Why you must get your financial house in order before investing (and how to do it!)
The real estate tax strategies that helped Liz write off $84,000 in one year
How to choose the right market(s) for medium-term rental investing
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-599
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