$6,000/Month Cash Flow from 4 Rentals in 2 Years (Without a Ton of Money)

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 31 March 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Making $6,000 in monthly cash flow from just four rentals?! Given the current housing market, it seems impossible, but today’s guest is about to show you the secrets to building a profitable real estate portfolio. There are opportunities out there—you just need to know where to look! While many beginners hope to one day earn enough rental income to quit their W2 jobs, Jamie Banks did the reverse—leaving her job to go all-in on real estate investing. This risky move paid off, as in just two years, she has already built a portfolio with enough income to replace her salary. She started out co-hosting, and while this strategy helped her learn the ropes of residential investing, it wasn’t going to help her build wealth. So, she turned her attention to buying rental properties instead—using her superpower, networking, to find private money lenders who could help fund her deals! Jamie’s journey hasn’t been all smooth sailing. She has heard “no” more times than she can count, tried several investing strategies, and bought a property that barely breaks even. But despite the setbacks, she has always found a way to learn and grow. And Jamie isn’t taking her foot off the gas any time soon. Stay tuned to hear how she plans to scale to $10,000 in monthly cash flow and break into commercial real estate! In This Episode We Cover How Jamie scaled to $6,000 in monthly cash flow in just TWO years The secret to finding “unlimited” money to fund your real estate deals Two strategies you can use to make money before you buy rental properties Using “inside information” to uncover the next up-and-coming markets How to pin down the perfect investing strategy for your long-term goals Getting a mix of stability and high cash flow with medium-term rentals And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-542 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, rookies. Mortgage rates are falling, but the uncertainty of the economy is slowing real estate sales.
0:07.6	Opportunity is still here, but getting specific with your strategy is key to finding a good deal.
0:13.5	Our guest today built a major cash-flowing real estate business in just two years with more growth opportunities on the horizon.
0:19.9	Using her superpower of networking, she assembled the right financial partners and formed a specific
0:24.8	roadmap to reach financial freedom.
0:26.8	Get ready to take notes.
0:27.8	There's a lot to learn in today's episode.
0:34.5	This is the Real Estate Rookie podcast, and I'm Ashley Care.
0:38.4	And I'm Tony J. Robinson, and welcome to the show, Jamie.
0:40.8	Thank you for joining us today.
0:41.9	Thanks so much for having me.
0:43.4	Jamie, you have so many amazing stories that we're going to get into, but first, could you
0:47.8	walk us through on a high level your journey from that first property in Philadelphia
0:52.2	to your current portfolio of four properties
0:55.2	in just two years? Sure. So I bought my first investment property in January,
1:00.9	2023, closed on it mid-January, and a few days later actually got my first arbitrage
1:08.3	a few doors down, so became hooked a little.
1:12.4	And then from there, realized that I had a primary residence, that I wasn't house hacking.
1:17.5	And so I needed to do that as well. So I got kind of a few rentals fairly quickly.
1:23.1	I ended up giving up my arbitrage, but after that, bought another property in New Orleans,
1:29.4	which I think we'll kind of touch on later as an MTR, and then late last year bought
1:35.0	a property in a new market in Indiana, which I kind of did a lot of research on and really
	...

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