cover of episode 105: From Minimum Wage to Full Time Flipper with Ophelia Nicholson

105: From Minimum Wage to Full Time Flipper with Ophelia Nicholson

Publish Date: 2015/1/15
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Prepare to be inspired and motivated after listening to today’s episode of the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a>! In this program we sit down with Ophelia Nicholson, a house flipper from the Maryland area who got started with real estate while working a minimum wage job. You’ll learn how she broke out of that life and was able to quit her job to become a full time, successful house flipper, working on multiple properties at once!</p><p>Listen for insightful tips on applying for a loan, learning to be a landlord, partnering with family members and quitting your job for real estate. If you’re wondering whether it’s possible to make your investing dreams come true, don’t miss out on this episode — it’ll give you great insight into how you CAN make it happen!</p><p>In This Show We Cover:</p><ul>
  • How Ophelia got started investing
  • The story of her “first small house“
  • How to buy a house on a minimum wage salary
  • Tips on applying for a loan
  • The experience of becoming an accidental landlord
  • What to do if you’re sued by your renter
  • Lessons about starting out as a landlord
  • Ophelia’s on and off relationship with real estate
  • The pros and cons of partnering with family
  • How to put 15 properties under contract in 30 days
  • Quitting your job for real estate
  • Thoughts on women getting into real estate investing
  • Plus MUCH more!
  • Links From the Show:

    Books Mentioned in the Show

    Connect with Ophelia

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