meta_pixel
Tapesearch Logo
Log in
BiggerPockets Real Estate Podcast

310: A Straightforward, Repeatable Path to Early Retirement with Jennifer Bayless

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 27 December 2018

⏱️ 62 minutes

🧾️ Download transcript

Summary

Looking to find financial independence through real estate but don’t want to be responsible for a portfolio of 100 homes? Well, that’s exactly what today’s guest is doing! Jenny Bayless is a real estate investor in Colorado who is using long-distance investing principles to systematically build a portfolio of cash flowing properties using the BRRRR method! Jenny is absolutely crushing it by “making” deals in today’s tough market and shares what she looks for that other investors miss. Learn her system for targeting fixer-upper properties, how she estimates rehab costs, and the method her real estate agent uses to send her videos of potential properties so she doesn’t have to drive hours to see them. Jenny also shares how she uses hard money to buy “cash,” how she found a rockstar agent, and how she backed into an “accidental BRRRR” that led to future success! Today’s episode is equal parts inspirational and practical with TONS of actionable advice. If you want to retire early with real estate but don’t want the headache of managing 100 homes, don’t miss this show! In This Episode We Cover: Long-distance principles Jenny uses to invest near her market How Jenny uses the BRRRR strategy to systematically grow her portfolio Ways to chase financial freedom without a monstrous portfolio How she has an agent do her due diligence for her The strategy she uses to “make” deals in a today’s tough market Her opinion on how to use turnkey properties to get started investing Ways to start with fixer-upper properties to get great deals in a hot market How she uses hard money to buy “cash” deals How she estimates rehab costs before writing offers, Her “accidental” BRRRR story How she’s pursuing financial independence with only 10 homes! And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar Biggerpockets’ Instagram Brandon’s Instagram BiggerPockets BRRRR Guide How BRRRR Increases Your ROI (And Why You Should Be Using It) BiggerPockets Calculators BiggerPockets Bookstore Quickbooks Online Cozy Property Manager Buildium Property Manager Appfolio Property Management Software Books Mentioned in this Show The Book on Estimating Rehab Costs by J. Scott The Book on Flipping Houses by J. Scott Long-Distance Real Estate Investing by David Greene Building Wealth One House at a Time by John Schaub The Book on Managing Rental Properties by Heather Turner and Brandon Turner Rich Dad’s Cashflow Quadrant by Robert Kiyosaki Tweetable Topics: “The worst that they can say is no.” (Tweet This!) “We all know what it’s like to have a job. We don’t all know what it’s like to run a business.” (Tweet This!) Connect with Jennifer Jennifer’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is the BiggerPockets Podcast Show 310.

0:05.0

Get a check for 30-something thousand dollars from that first house

0:09.0

and apply it directly to that second house

0:12.0

and that's when the light bulb went off.

0:13.9

We said, oh my gosh, we're walking away with two houses for the amount of cash that we had

0:19.7

originally put in one.

0:21.4

They're both cash flowing. This is amazing. We have to keep doing that.

0:25.0

You're listening to Bigger Pocket's Radio. Simplifying real estate for

0:29.5

investors large and small. If you're here looking to learn about real estate investing without

0:34.8

all the height, you're in the right place. Stay tuned and be sure to join the millions

0:39.9

of others who have benefited from BiggerPockets.com.

0:43.7

Your home for real estate investing online.

0:46.8

What's going on everyone?

0:48.0

My name is Brandon Turner, host of the BiggerPockets

0:51.2

podcast here with my co-host David the man green

0:55.8

it's been a while since I threw in the man nickname you like that yeah but but don't you ever forget it

1:00.8

I will not forget it. No, man how you been how you been you got to come

1:05.8

out to Hawaii again sometime you got to hang out? I think we're planning what like

1:08.8

February March around there we're gonna get you out here again because and actually Kevin who is our new

1:13.8

producer of the podcast Kevin is an awesome dude who's actually here on this call right now but his

1:18.8

mic commuted so nobody's going to hear or see him but Kevin you want to say hi

1:22.0

hey or see him but Kevin you want to say hi?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.