The BiggerPockets Podcast, with hosts Joshua Dorkin & Brandon Turner, was designed as a tool to help both novice and experienced real estate investors. The goal is to bring top notch educational content and interviews to its listeners, without subjecting you to the non-stop pitch that is prevalent around the industry.
On this episode of the BiggerPockets Podcast sponsored by Patch of Land, Josh and Brandon talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You’ll meet Mindy Jensen and discover how she uses the “live-in flip” strategy to build wealth through real estate. You’ll also learn how a live-in flipper can save significant money on taxes as well as a discussion on the benefits of doing your own work. Don’t miss this enlightening, and hilarious, episode!
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This Episode Covers:
- Who Mindy Jensen is
- Her thoughts on personal finance
- Frugality, as defined by Mindy
- A debate on Starbucks (as well as Priuses) and frugality
- Where she spends her money
- How Mindy got started in real estate
- Details on her deals
- 7% as a steal?
- The ins and outs of performing a live and flip
- Getting a real estate license as a means to invest
- What you should know about For Sale By Owner (FSBO) properties
- How she advertises her houses
- The pros and cons of live and flips
- Why women can and should fix houses
- The importance of home inspections
- And SO much more!
Related: The Best Flippin' Series Ever!
If you still have questions about real estate crowdfunding we encourage you to learn how to use the power of crowdfunding to scale & take your business to the next level by downloading our FREE Real Estate Crowdfunding Borrower Handbook.
Crowdfunding is transforming the way real estate professionals are accessing capital for their projects. By reading this handbook you'll soon discover the numerous benefits alternative lending has over using traditional banks or local hard money lenders.
