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Parents’ Basement to $2500/Month w/ ONE Rental Property at Age 25

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Real Estate Rookie

Episode #327

In just a few years, you can go from no cash flow or investing experience to owning a sizable real estate portfolio, with passive income flowing in and free rent, EVEN if you’re in your early to mid twenties. Not possible? Today’s guest would beg to differ.

Welcome back to the "Real Estate Rookie" podcast! Today, we’re chatting with investor Noah Sprimont, who has had quite the real estate journey to date. Noah became obsessed with the idea of reaching financial freedom through real estate while he and his nowfiancée were living with his parents. To fasttrack his development, he not only immersed himself in BiggerPockets content but also took up several W2 jobs that would help him hone the skills he needed to become a successful investor. Laserfocused on making it in real estate, Noah dabbled in several real estate strategies before discovering the cash flow potential of shortterm rentals.

If a bumpy start to your real estate journey has caused you to feel discouraged, you’ll want to hear how Noah was able to tackle his own feelings of selfdoubt and fear of the unknown in this episode. You’ll also learn which skills can help you prepare for real estate investing, how to find flexible financing options for your deals, and what every rookie investor can bring to a partnership—regardless of the number in your bank account!

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Join BiggerPockets for FREE
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Join the Real Estate Rookie Facebook Group:
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Find an InvestorFriendly Agent in Your Area:
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Grab Your Copy of “Real Estate Partnerships” Today:
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2 LongDistance Rentals with $0 Down with Tony Robinson:
https://www.biggerpockets.com/blog/ro...
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How to Invest in Short Term Rentals (STR):
https://www.biggerpockets.com/guides/...
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Connect with Noah:
BiggerPockets: https://www.biggerpockets.com/users/n...
Instagram: @noahsprimont or   / noahsprimont  
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://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: https://www.biggerpockets.com/blog/ro...


00:00 Intro

01:56 Parents' Basement to Property Investors

15:24 Buying the First Property

28:58 BIG Flip Profits and Starting to Airbnb

42:21 Noah's Current Portfolio

45:43 Top Home Renovation Tips

52:01 Rookie Request Line

57:29 Connect with Noah!

posted by notGaxtrounty2e