cover of episode 395: From Car Valet to $100k/Month... Seriously! with Thach Nguyen

395: From Car Valet to $100k/Month... Seriously! with Thach Nguyen

Publish Date: 2020/8/13
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Today: a no-excuses, American Dream story that will get you <strong>fired up </strong>to go hunt down a deal!</p><p><strong>Thach Nguyen </strong>is an investor and agent in the Seattle, Washington area. When he was a kid, his family fled Vietnam for the U.S... he later <strong>parked cars</strong> at a Chinese restaurant... and despite becoming a <strong>top-producing agent </strong>building a monster portfolio of <strong>paid-off rental properties, </strong>he's still hungry and shows no sign of slowing down.</p><p>In today's episode, Thach (pronounced "Thatch") shares the lessons he learned during the <strong>Great Recession</strong>, his criteria for buying a "<strong>perfect BRRRR</strong>"... and why he says there's no shame in <strong>living with mom and dad</strong> to save money!</p><p>Plus, the guys discuss the pros and cons of <strong>paying down mortgages, </strong>the psychological advantage of owning your primary residence <strong>free-and-clear, </strong>and Thach's favorite (free)<strong> lead generation</strong> strategy.</p><p>We think you'll love Thach's energy; he <strong>thinks big </strong>and will motivate you to do the same. Give him a follow (IG: @thachnguyen) and let us know what you think of this episode!</p><p>In This Episode We Cover:</p><ul>
  • How Thach created $100k/month (!) in rental income
  • Why he's focusing on the affordable housing niche
  • Buying townhouses in Seattle, WA
  • Buying a "micro-apartment" building in Oakland, CA
  • And SO much more!
  • Links from the Show


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