748: From $5/Hour to Five-Figure Rent Checks Thanks to "Guaranteed" Rent w/Anne Curry
BiggerPockets Real Estate Podcast
Shownotes Transcript
A preschool teacher turned rental property millionaire!? You wouldn’t believe it at first. How could someone like Anne Curry go from making five dollars per hour to bringing in five figures’ worth of rent checks every month? While it didn’t happen overnight, Anne’s story is one that’s repeatable by almost everyone, no matter where you’re starting financially, how much education you have, or your background.
Anne was never destined to be rich. She grew up in a household of non-profit workers, teachers, and those that expected to give more than they got. So when Anne married her husband, a social worker, she knew their chance of owning a home, let alone several, was slim to none. But, her fire for financial freedom and generational wealth never stopped burning, and as soon as she could purchase her first property, she made the jump that changed the course of her life.
Now, as an affordable housing landlord with hundreds of units, Anne is on a mission to not only build wealth but help others follow her same path. She went from having very little money to an astonishingly large real estate portfolio simply by asking questions, offering help, and having a tenacious attitude to build up others, not just her bank account. She explains how ANY landlord can get into affordable housing, the massive benefits that this type of investing offers, and the common myths most people get wrong about section 8 and guaranteed rent.
In This Episode We Cover:
Affordable housing myths and why most landlords are wrong about section 8 tenants
How to find affordable housing deals and the HUGE grants local governments offer
Scaling into multifamily and how to connect with those that have affordable housing deals
Finding a mentor, asking questions, and why you MUST be willing to learn before you invest
The new BRRRR method that’ll let you level up your wealth while owning your home
Types of affordable housing and who to talk to if you want to convert your rental to section 8 housing
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
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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
Killer Cash Flow with This “Tenant-First” Section 8 Rental Strategy
Why I’m Investing in Affordable Housing for the Long Haul
The Pros and Cons of Accepting Section 8 Housing
Connect with Anne:
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-748
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