cover of episode 143: Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo

143: Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo

Publish Date: 2015/10/8
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast
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Shownotes Transcript

    <p>On this episode of the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a> we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real estate investing dreams. Our guest, Nick Baldo, shares his story of starting with nothing and turning that into a sizable business that both flips and rents houses. Oh, and Nick isn’t even thirty yet! Don’t miss this informative episode of the BiggerPockets Podcast!</p><p>In This Episode We Cover:</p><ul>
  • How Nick got into real estate
  • Where he is currently investing and the typical prices of houses in his area
  • How he began flipping houses when he was just 23!
  • Where he got his funding
  • How he was able to do business with a private money lender
  • Lessons learned from the first deals
  • The importance of ARV analysis
  • Why he took that first step despite the lack of knowledge
  • The ins & outs of transitioning from flipping houses to house hacking
  • How to handle real estate investing as a business
  • How to scale your business by building systems
  • The online tools he uses for managing his business
  • How to use networking as marketing
  • Where Nick’s business is today
  • Tips for those who want to quit their jobs and become full time investors
  • And SO much more!

    • Links from the Show

    Books Mentioned in this Show

    Tweetable Topics:

    • “There are always people with extra money not knowing what to do with it.” (Tweet This!)
    • “It’s impossible to get started without your character.” (Tweet This!)
    • “We did things as a business that had a 100 rentals would do it.” (Tweet This!)

    Connect with Nick

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