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20 Rental Units with a Full-Time Job & 7 Kids: She Did It in 5 Years!
Description
What if the biggest obstacle to building wealth wasn't your income, your time, or even your circumstances, but simply believing it was possible for someone like you? Today’s guest made the decision that her past won’t be her children’s future. Real estate made that choice possible!
Welcome back to the Real Estate Rookie podcast! Angela Wassom is proof that real estate really can be for anyone that puts their mind to it. While working full-time and raising seven kids, she's built a 20-unit portfolio across four states—starting with a rental she was genuinely afraid to take on. Angela breaks down how she built a team in markets she'd never set foot in, spotted a listing mistake that turned into a five-figure win, and used one financing strategy to fund nearly every deal since!
She also shares the story of a lender who finally said yes after everyone else said no, and the tenant placement that brought her whole journey full circle. By the end of this episode, you'll see exactly how much is possible with the time and resources you already have!
In This Episode We Cover
How growing up in HUD housing shaped Angela’s mindset of becoming a landlord
Building a remote investing team in markets you’ll never set foot in
The MLS listing mistake that turned into a $10,000 repair windfall
How a HELOC strategy has funded nearly every deal for Angela
Why every lender said no to Angela’s newest short-term rental, until one didn't (and why it was so worth it!)
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-761.
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com