331: 10 Deals on a $20K Waitress Salary With Ashley Hamilton

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 23 May 2019

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ten doors free and clear on a blue-collar salary—today’s guest shares exactly how she did just that! Brandon and David sit down with Ashley Hamilton, who shares the incredible story of how she went from poverty to success through real estate investing with very little help or guidance. Ashley shares her remarkable strategies for investing in a market where very few others could, how she used BiggerPockets to develop a system, and how she got the city of Detroit to offer her a deal to buy a property at $500! Ashley also shares how she buys cheap houses at auctions, how she finds banks to finance her rehabs, and how she uses keyword alerts in the BiggerPockets forums to snag deals before anyone else! And be sure to listen for Ashley’s “no milk for her cereal” strategy to overcome and succeed! If you’re looking for an incredibly inspirational story that highlights how creativity and resiliency can pay off, you want to download this today. In This Episode We Cover: How Ashley found a way to invest in a market when very few others could How she got the city of Detroit to call her and offer her a deal to buy for $500 Getting to nearly a half a million dollars in equity in a few short years How she got started investing with nothing but BiggerPockets as a guide Finding the best part of the city to invest in Why she fix her rentals up to suburb quality even in low-income neighborhoods Building a portfolio of 10 doors free and clear The way she uses the BiggerPockets forums to help her make money Landlording like a boss Giving back to your tenants And SO much more! Links from the Show: BiggerPockets Forums BiggerPockets Webinar Tarl Yarber's BiggerPockets Profile Dave Van Horn's BiggerPockets Profile Brie Schmidt's BiggerPockets Profile Joe Fairless' BiggerPockets Profile BiggerPockets Instagram Brandon's Instagram David's Instagram Rentometer Rich Dad Poor Dad Seminar GoBundance BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the BiggerPockets Podcast,
0:02.0	Show 331.
0:05.0	All of my properties are in Detroit, in the Detroit City limits.
0:09.0	And some of my bad neighborhoods,
0:11.0	well, you would think it's bad neighborhoods, but how is it bad when I paid 2,000 for the house and I get $900 in rent?
0:17.5	You're listening to Bigger Pockets Radio, simplifying real estate for investors large and small.
0:24.7	If you're here looking to learn about real estate investing
0:27.3	without all the height, you're in the right place.
0:30.5	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.
0:36.0	Your home for real estate investing online.
0:40.0	What is up everybody? This is Brandon Turner, host of the BiggerPockets podcast here with my friend, my co-partner in crime, my conference
0:51.3	attendee partner, David Green, what's up dude?
0:54.4	What is up Brandon? We, you and I just got back from the Pacific Northwest Real Estate Expo hosted by
1:00.1	Tarle Yarbrough, a bigger pockets fan and contributor and we had a blast.
1:04.8	We were just hanging around 900 or 950 or so dedicated real estate investors wanting to
1:09.7	learn as much as they could. And of course you were the bell of the ball everywhere we went can't take
1:14.0	five steps to that somebody being like oh my gosh is Brandon Turner laying out a red carpet
1:18.5	for you flashing lights and massages you, get my feet rubbed.
1:23.4	It was really great.
1:24.4	No, none of that happened.
1:25.4	I didn't know you were one of those guys.
1:27.0	It's like take all the brown M&M's out of my bowl in my dressing room.
	...

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