Wealthy Way How He Escaped His 9-5 with 40+ Rental Properties in 2 Years! | Blake Choisnet
Jun 2, 2025
Blake Choisnet, a real estate investor and coach, shares his inspiring journey from a tech job to owning over 40 rental properties in just two years. He reveals how he started with house hacking and scaled his success using the BRRRR method. Blake discusses identifying profitable cities through data, the advantages of Section 8 rentals, and common mistakes new investors make when pursuing passive income. His insights could reshape how aspiring landlords view the rental market.
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Blake's House Hacking Start
- Blake Choisnet started real estate investing by house hacking his own home, renting rooms to friends.
- This early experience showed him someone else could pay his property off, sparking his investing journey.
Rent-to-Price Ratio Usage
- Use the rent-to-price ratio to identify cash flow positive markets; a ratio above 1% indicates likely break-even or better.
- Focus on smaller markets with median prices below $200K for better cash flow opportunities.
Section 8 Rental Strategy
- Section 8 tenants often pay little out of pocket and have strong motivation to maintain properties.
- Expect some harder wear and tear, but rent can exceed market rates in some areas due to HUD guidelines.