Multifamily Live 615. Arisa Rice: Farming Financial Freedom using Hipcamp
Arisa Rice was raised in a small town in northeastern Colorado, and after some college, she joined the Army as a Korean linguist where she met her husband at the Defense Language Institute in Monterey. They were stationed in Hawaii, where she gave birth to their first son. She proceeded to get her degree in Korean Language at the University of Hawaii Manoa while stationed on Oahu, where she also received her commission at UHROTC and served in the Hawaii Army National Guard. Thank you for your service Arisa. When her husband was discharged from active duty, she transferred to the Colorado Army National Guard and was commander of the 128th Mobile Public Affairs Detachment. She resigned her commission when she gave birth to her 3rd child, and proceeded to stay home and focus on raising her kids for the next 10 years. Her first experience with real estate investing was when she bought her dream farm northeast of Denver, she was unable to sell her suburban home for a good price, so she decided to try renting it out. She had excellent tenants and was able to rent it out for considerably more money than her mortgage. On the farm, she earns income by renting out land to RV and tent campers through Hipcamp, which is exactly like Airbnb except no building necessary. Some campers reserve one night, some stay for months, and this provided her with the financial freedom to keep the farm running. While working on her farm and tending goats, she began listening to podcasts, which got her interested in furthering her real estate investing goals. With her 3 kids all being teenagers, she was able to start attending seminars and in 2019, Arisa got her Colorado real estate licence and began selling houses. She volunteered at Adam Adam’s real estate summits, and began working with him shortly after. Since them, she’s made excellent connections, and found work assisting real estate investors. She is currently helping other investors develop online classes as she learns and saves for her own investment properties.
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