How to Replace Your W2 Income with Just 6 Rental Properties

Рет қаралды 18,076

Күн бұрын

Episode #309
Can a few rental properties replace your entire W2 income? Many rookies assume that becoming a full-time investor is only possible after amassing a large portfolio with dozens of properties, but that’s not the case. Today’s guest was able to meet his family’s monthly income goals with only six rentals!
In this episode of the "Real Estate Rookie" podcast, we’re speaking (in person!) with Travis Hall, an investor who knew very little about real estate just 18 months ago. After seeing the stress that his wife’s rigorous W2 job was creating, Travis discovered BiggerPockets and caught the real estate bug. The rest is history. Today, he has a small portfolio of six rentals-all thanks to the power of networking, partnerships, and, most importantly, taking action.
If you’re ready to trade in the rigidity of your nine-to-five for the flexibility of real estate, tune in to hear Travis talk about his fast journey to full-time real estate investor. He spares no details when discussing his short-term rental strategy (including some VERY unique investments), as well as the monthly income goals he needed to meet to make full-time investing a reality.
Grab Ashley and Tony’s latest book, “Real Estate Partnerships”. Don’t forget to use code “REALESTATE” to get 10% off at checkout: store.biggerpockets.com/produ...
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Join BiggerPockets for FREE 👇
www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
/ realestaterookie
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Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
biggerpockets.com/lendermatch
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Pre-Order The New Book “Real Estate Partnerships” and Use Code “REALESTATE” to Get 10% Off:
store.biggerpockets.com/produ...
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Hear Our Interview with Chad “Coach” Carson On the Small and Mighty Rental Portfolio:
www.biggerpockets.com/blog/ro...
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Connect with Travis on Instagram:
@travishallhomes or / travishallhomes
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Follow David Greene on Instagram:
@davidgreene24 or / davidgreene24
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Connect with Ashley and Tony on BiggerPockets:
Ashley: www.biggerpockets.com/users/e...
Tony: www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or / wealthfromrentals
Tony: @tonyjrobinson or / tonyjrobinson
Show notes at: www.biggerpockets.com/blog/ro...
00:00 Intro
04:05 Discovering Real Estate
11:53 Replacing W2 Income
23:58 MORE Rentals
36:50 Partner Up!
40:58 Rookie Exam
47:20 Connect with Travis!

Пікірлер: 20

@ElderFreeman413 10 ай бұрын

I love these Married couples videos it is very down to earth and feels relatable/ achievable

@jdpark351 11 ай бұрын

Ashley with Gold microphone!!!

@gbrandonwood 11 ай бұрын

I was about to click off when he said Tom Farley at the beginning. Glad I stuck around. Great episode.

@inea-fijourney22 11 ай бұрын

Tony looks so big next to Ashley 😅... So excited for this one! We are currently getting ready pur first rental for our first tenants hopefully in September!! So excited, binge watching you! 😊

@damonaniton 11 ай бұрын

Depends on your W2

@karimkarachiwalla7073 11 ай бұрын

Great episode…. Enjoyed all the nuggets that you dropped!

@jasonjosephlee 3 ай бұрын

Buying rentals is the best way to prepare for financial freedom, after a couple you can either continue buying more or you can focus on the business ventures you might have always wanted to do. Investing in RE was definitely the best thing I ever did.

@Lovingmylife24 11 ай бұрын

Looking forward to hearing their story

@rssoto8245 11 ай бұрын

good podcast....as a Rookie this is very informative :)

@georgeguerrero3401 11 ай бұрын

Fantastic last two episodes l, guys thank you so much!

@jorge_cajamarca_rei 11 ай бұрын

I’m more than halfway there!!!

@user-ee5by2vv3m 11 ай бұрын

Hi guys, I’ve been listening a lot lately for the purpose of getting out of my current occupation ASAP, and replacing my income. I thought I heard you refer to Travis as someone that you met through “Alpha Host”. I can’t find any info on that. Do I have the name correct?

@williamrobertson6380 11 ай бұрын

If you are extremely well educated and prepared, every crash or collapse offers an equivalent market opportunity. People have managed to accumulate up to $800K during crises and even with ease during a bad economy, in my experience. There is no doubt that the boom or collapse will make someone very wealthy.

@skoopqueen 3 ай бұрын

Investing in Airbnb properties has been a lucrative venture for me. 🏡💰 It's like having your own mini-hotel empire that generates passive income month after month. By carefully selecting the right locations and providing top-notch hospitality, my Airbnb investments have consistently outperformed traditional real estate. I wasn't financially free until my 40s, and I'm still in my 40s. I've got 3 Airbnb's already, earn on a monthly basis through passive income, and achieved 3 out of 5 goals. Investing was the decision I made.

@ugojazzy7812 3 ай бұрын

Nice one,any investment tip? I would love to know how you made it this far and follow your steps

@skoopqueen 3 ай бұрын

I wholeheartedly recommend Regina Louise Collaro, a distinguished financial advisor based in the US. Her collaboration with an international organization has been pivotal in my financial success. Regina's expert guidance has not only supported me consistently from educational investments to planning for retirement, but it has also played a critical role in significantly enhancing my wealth. Finding the right financial consultant is as vital as choosing the right life partner-both decisions shape your future profoundly. I feel incredibly fortunate to have Regina as my financial consultant, who has truly transformed my financial landscape and helped me thrive financially

@ugojazzy7812 3 ай бұрын

That's great; your investment advisor must be really effective! I've heard from others how helpful investment advisors can be in improving financial stability. Could you share more information about this advisor?

@skoopqueen 3 ай бұрын

you can easily find her information by doing a quick search. Feel free to reach out to her directly with any questions you may have.

@Alexedmartin 3 ай бұрын

This is a shocker seeing Regina Louise Collaro being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with Alex in 2018, and he manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but he made me accept that they have wealth of information on current conditions and future trend