$13,000/Month Cash Flow and Quitting Her W2 Job in Just ONE Year

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Episode #551 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=youtube_qr_code&utm_campaign=the_rookie_show Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Book, “Smarter Short-Term Rentals”: https://store.biggerpockets.com/products/smarter-short-term-rentals?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the Real Estate Rookie Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch The Low-Cost Way to “Invest” in Real Estate in 2024 (Without Buying Rentals): https://www.biggerpockets.com/blog/rookie-391?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Allison: https://www.biggerpockets.com/users/allisonc85?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Garrett: https://www.biggerpockets.com/users/garrettbrownre?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Want to leave your nine-to-five for a “job” that gives you more time, flexibility, and potentially more money? Rentals could be your golden ticket to financial freedom. After tragedy turned her world upside down, today’s guest went all in on real estate investing. Just ONE year later, she makes $13,000 in monthly cash flow and has waved her W2 goodbye! Welcome back to the “Real Estate Rookie” podcast! Shortly after buying her first rental property, Allison Craft lost her brother in a tragic accident. With a new perspective on life, she decided to chase after what she valued most—more time with her young family. With just one short-term rental and a new co-hosting business, she now brings in more income than she ever did at her corporate finance job of 10 years! In this episode, Allison shares how she bought, renovated, and furnished her first rental property with limited cash and launched a real estate business that cash flows close to $10,000 a month. If you want to do the same—build a profitable business without owning rentals—stay tuned because Allison has the secrets to finding clients and scaling fast! 00:00 Intro 01:06 Buying the First Property 05:17 Triumph After Tragedy 10:54 Picking Her Market 14:55 Numbers on the Property 19:00 Finding Co-hosting Clients 25:02 Scaling & Co-hosting Cash Flow 32:13 Leaving Her W2 Job 39:30 Connect with Allison!