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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308: Rookie Reply: Don’t Chase Cash Flow! Use THIS Metric to Analyze Your Deals
307: How to Protect Your Rental from Fires, Floods, Lawsuits, and Liability
306: Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio w/Chad Carson
305: The Rookie’s Guide to Analyzing Rental Properties and Airbnbs in 2023
304: Rookie Reply: Don't Have 20% Down? Here's How to Fund Your Next Investment
303: How to “Supercharge” Your Real Estate Portfolio with Investor Meetups w/Spencer Carpenter
302: Rookie Reply: How to Get 100% Financing for ALL of Your Real Estate Deals
Bonus: Hiring a Contractor For Your Rental? What You NEED to Know
301: 12 Doors and a $4M Portfolio as a Real Estate Power Couple w/Zosia Madden
300: Making $8K/Month from 2 Doors and How to Get HUGE Cash Flow with Fewer Units w/Rachel Richards
299: The 4 Steps to Financial Freedom Through Rental Property Investing
298: How Tony Lost $100K on ONE Real Estate Deal (AVOID These Critical Mistakes)
297: Traveling the World Thanks to One $6,500/Month Rental Property w/Olivia Tati
296: Rookie Reply: Pre-Foreclosures and How to Cut Your Property Management Costs
295: $2 Million in Real Estate in 2 YEARS Thanks to This Strange Side Hustle w/Paul Lee
294: No Money for Real Estate? 2 Side Hustles You Can Use to Fund Your First Deal w/Ava Yuergens and Josh Janus
293: 6 Rental Properties in 15 Months (While Working 3 Jobs!) w/Brandon and Dani Tilson
292: Rookie Reply: The One Thing You Need to Pay $0 in Income Tax
291: Living for FREE at 22 and Planning to Retire by 30 with Rentals w/Ryan Hughes
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