Real Estate Rookie

From Zero to $8,000/Month Cash Flow in Just 2 Years (While Working a W2)

12 snips
Apr 28, 2025
In this discussion, Luke Tetreault, a real estate investor and former welder, shares his inspiring journey of amassing 35 rental units and $8,000 monthly cash flow in just two years. He reveals how he leveraged networking and private money to kickstart his investing career. Luke offers tips on finding off-market deals and highlights the creativity behind purchasing an 18-unit mobile home park with zero cash down. His insights on using everyday hobbies to build a strong investing team are invaluable for beginners looking to make their mark.
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ANECDOTE

First Deal Bought Sight Unseen

  • Luke found his first real estate deal on Facebook Marketplace and bought it sight unseen via Facebook Messenger.
  • His fiance walked the property as he worked full-time, illustrating unconventional but effective deal-making.
ADVICE

Build Your Investing Team

  • Build your investing team by connecting with agents and lenders familiar with real estate investing.
  • Use resources like the BiggerPockets agent and lender finder to find knowledgeable professionals who guide you.
ANECDOTE

Pivot Rental to Airbnb Success

  • Luke pivoted a long-term rental cashflow of $40 to a short-term Airbnb cashflow of $1,000 monthly with a small $5K investment.
  • This shift demonstrates enhancing returns by creatively repurposing existing assets.
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