815: $10K/Month at 25 Years Old by Buying $100K Properties w/Soli Cayetano

Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid. These properties are often in overlooked markets that aren’t as attractive as San Diego, Miami, Austin, or Seattle, but they make her as much, if not more, money. The houses Soli buys are often $100K or less, meaning almost any investor reading this could come close to buying one.

In three years, Soli turned $50K into a $5M real estate portfolio, enough passive income to support her for life, and an online following constantly finding and funding deals for her. She started building her real estate portfolio right after college when lockdowns took away her chance to make any active income. After reading David Greene’s Long-Distance Real Estate Investing and listening to the Real Estate Rookie podcast, Soli scraped together every dollar she had and bought a Midwest rental that needed serious rehab.

Now, a few years later, she and her partners own dozens of rentals across multiple markets. As a result, Soli was able to quit her job, focus entirely on real estate, and achieve ultimate time freedom. But will her cash-flow-first model work out in the long run? David goes head to head with Soli in this episode to debate whether or not these “cheap” markets are a mistake to invest in.

In This Episode We Cover:

Out-of-state investing and where to buy rental properties for just $100K

Expensive properties vs. cheap properties and which will really make you richer 

Keeping yourself accountable and why you need to tell people your goals to make them happen

Raising private money and how Soli got over 800 private investors through Instagram alone 

Real estate partnerships and how to grow your portfolio FAR faster by not going solo

The battle of the BRRRRs and a David vs. Soli debate over which markets make the most money 

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Davids's BiggerPockets Profile

David's Instagram

Rob's BiggerPockets Profile

Rob's Instagram

Rob's TikTok

Rob's Twitter

Rob's YouTube

Listen to The “Real Estate Rookie” Podcast

Check Out Soli On the “On The Market” Podcast

Books Mentioned in the Show

Long-Distance Real Estate Investing by David Greene

Connect with Soli

Soli's BiggerPockets Profile

Soli's Instagram

Soli's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-815

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices