A small real estate portfolio that replaces 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!
In This Episode We Cover
Replacing your W2 income through a small real estate portfolio
Combining the cash flow from multiple rentals to meet your income goals
Why you NEED to review your market’s short-term rental regulations BEFORE closing a deal
Airbnb arbitrage (and how to convince a landlord to let you do it!)
Using Facebook groups to find partners for future real estate deals
How to start managing other properties with ZERO capital
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Submit Your Real Estate Rookie Question!
Hear Our Interview with Chad “Coach” Carson On the Small and Mighty Rental Portfolio
Follow David Greene on Instagram
Book Mentioned in the Show:
Pre-Order The New Book “Real Estate Partnerships” and Use Code “REALESTATE” to Get 10% Off
Connect with Travis:
Travis' Instagram
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-309
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220: Rookie Reply: How to Buy Rentals Once You’ve Run Out of Cash
219: 3 Rentals Right Out of College as a Young Dad and First-Time Landlord w/Hunter Lewis
218: The One Move That Helped Me 2x My Rental Property Portfolio
217: 16 Units in 3 States as a BiggerPockets Power Couple Working Full-Time w/Evan and Katie Miller
216: What Makes Rookies Into Millionaires? Quitting What You Hate! w/Pat Hiban and Tim Rhode
215: How to Become a Real Estate Millionaire (NO Experience Necessary) w/Dave Meyer
214: Rookie Reply: How to Build Your Dream Short-Term Rental Team
213: Living for “Free” with 63 Self-Storage Units w/Nate Weintraub
212: Rookie Reply: Why "First-Time Home Buyer Loans" Aren’t What You Think
211: Turning Their Basement Into a $4,500/Month Money Making Machine w/Simon Murillo & Kristina Vaio
210: The Rookie’s Guide to Finding Private Money for Your Next Property w/Alex Breshears and Beth Johnson
209: A Beginner's Guide to Analyzing Big Deals & Building a “Bulletproof” w/Kenneth Donis
208: Rookie Reply: Time-Saving Real Estate Accounting Tips for New Investors
207: Working Towards Time Freedom "In the Trees" with 3 Treehouse Rentals
206: Rookie Reply: Biggest Red Flags of a Bad Contractor (and How to Fire Them) w/Amanda Salovitch
205: Puerto Rican Paradise, Arctic Abodes, and Building "Dream" Vacation Rentals
204: Rookie Reply: Do New Short-Term Rental Regulations Make Investing Risky?
203: The Ultimate Property Management Masterclass w/Expert Property Manager Karen Lane
202: Rookie Reply: Is a Cash-Out Refinance Taxable?
201: Quitting Corporate to Build a 23-Unit Post-Pandemic Rental Portfolio w/Gus Ofili
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