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How to Turn Vacant Lots Into Cash-Flowing Rental Properties | Ep. 99 w/ Natalie Cloutier

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Nov 26, 2024

Guest

Natalie Cloutier

Natalie Cloutier, a savvy real estate investor known for her no-money-down strategies and ADU innovations, shares her insights on transforming vacant lots into profitable rental properties. She dives into the significance of house hacking for new investors and highlights effective investment strategies, including sweat equity. Cloutier also discusses the urgent need for innovative solutions in aging care and the balance of family life and entrepreneurship, offering practical tips for managing both personal and professional relationships in real estate ventures.

01:25:54

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Episode notes

insights

INSIGHT

Maximizing Net Worth

Focus on low construction costs to maximize profits in build-to-rent.
New builds offer forced appreciation due to higher values than older properties.

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ADVICE

Building Cheaper

Keep the building design simple to minimize costs.
Choose basic colors and materials, avoiding expensive upgrades.

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ADVICE

Zoning and ADUs

Check zoning regulations and utilize ADUs, or additional dwelling units, in build-to-rent projects.
Consult with the municipality and be transparent about building plans.

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Exploring Sports and the Build-to-Rent Strategy

01:37 • 3min

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From Roots to Real Estate: A Journey of Discipline

04:33 • 6min

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From Donuts to Developments

10:25 • 17min

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Innovative Solutions for Aging Care

27:52 • 5min

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Charity Support and Real Estate Lessons: From Tenant Troubles to Marketing Solutions

33:10 • 4min

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Building Rental Properties: Strategies and Insights

37:39 • 17min

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Balancing Business and Family Life

54:36 • 13min

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Commitment and Personal Growth

01:07:27 • 16min

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Building Dreams: From eBook to Published Author

In 'The 10X Rule,' Grant Cardone introduces the principle of setting targets that are ten times what you think you want and then taking ten times the action you think it will take to accomplish those targets. The book stresses the importance of massive thoughts followed by massive actions, perseverance, positivity, and a domination mentality. Cardone argues that success is not an option but a duty, and it requires a mindset shift to achieve extraordinary results. He emphasizes the need to take full responsibility for one's success, to be obsessed with goals, and to overcome fear and obstacles through persistent action.

Rich Dad Poor Dad

What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not

C.P.A. Sharon L. Lechter

Robert Kiyosaki

The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money.

Discipline Equals Freedom

Field Manual

Jocko Willink

In 'Discipline Equals Freedom: Field Manual', Jocko Willink outlines the importance of discipline in achieving success and freedom in all aspects of life. Born from his experiences in the Navy SEALs, the book provides strategies and tactics for overcoming weakness, procrastination, and fear. It includes specific physical training workouts for different levels of athletes, as well as recommendations for optimal sleep habits and food intake. The book emphasizes the internal force of discipline, starting with simple actions like waking up early and extending to controlling emotions, making good decisions, and facing fears. Willink argues that discipline is the core principle that leads to strength, health, intelligence, and ultimately, freedom.

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🎥 DESCRIPTION

Natalie Cloutier is rewriting the rules of real estate investing! In this episode, Natalie shares how she built an impressive portfolio of 29 rental units using sweat equity, no-money-down strategies, and her innovative approach to build-to-rent properties. From turning vacant lots into cash-flowing rentals to leveraging ADUs for maximum density, Natalie’s story will inspire you to think differently about wealth building.

Whether you're just starting out or looking to scale your real estate investments, this episode is packed with actionable insights that can help you grow your portfolio fast.

In this episode, you’ll learn:
• How Natalie started with a $40K HELOC and scaled to 29 units
• Creative financing strategies to fund no-money-down builds
• Her step-by-step process for turning vacant lots into cash flow
• The "top-off" method for adding units and increasing property value
• Why new builds reduce maintenance costs and improve cash flow
• How ADUs and zoning laws can supercharge your portfolio
• and SO much more

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