Episode 223 - How to Start Real Estate Investing with $70k or Less – Cody Spencer’s Inspiring Journey

What if your first real estate investment could set you up for a lifetime of success? Host Craig Curelop is with Cody Spencer, an experienced investor and real estate agent. Cody shares his journey from small beginnings to a flourishing career. He shares how a manufactured home purchase became the foundation for his real estate portfolio, the lessons learned from seller financing with family, and the pivotal mistakes that shaped his investment strategy. 

Learn actionable tips for structuring creative deals, managing tenant challenges, and leveraging 1031 exchanges to upgrade your portfolio. Whether you’re a first-time investor or looking to scale, this episode is packed with real-world insights and inspiration. Cody’s story of grit, faith, and persistence will leave you ready to take the next step on your real estate journey. 

Stay tuned as Cody breaks down his shift to managing Airbnbs, the highs and lows of the short-term rental market, and the mindset shifts that helped him build financial freedom—all while balancing his role as a dad and team leader. 

Don’t miss real tips for cash flow, creative financing, and making smart investments. 

PODCAST HIGHLIGHTS:
[02:56] Cody shares his early inspiration and how faith guided his real estate path.
[07:35] The book that shifted Cody's financial mindset.
[12:24] Purchasing a $55K mobile home with cash and generating $700/month in cash flow.
[16:50] How Cody secured his first property under market value.
[22:15] Buying five doors from his aunt using a creative financing deal.
[28:40] Managing tenant challenges and transitioning properties.
[31:10] Transitioning to short-term rentals for higher returns.
[35:45] Hiring a property manager and seeing profits grow.
[40:20] How Cody balances mentorship and personal investments.
[46:12] Cody’s top tips for aspiring investors.

HOST
Craig Curelop   
📸 Instagram: https://www.instagram.com/thefiguy   
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy   
🏘️ Buy Real Estate: https://bit.ly/3V3QDze  

Guest  
Cody Spencer
📸Instagram: https://www.instagram.com/_cody_spencer_/
��Tiktok: https://www.tiktok.com/@_cody_spencer_
��Youtube: https://www.youtube.com/@_cody_spencer_