$6,800/Month Cash Flow with 4 Small Multifamily Rentals

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 14 July 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

You can still get rich buying “boring” rental properties. Today’s guest pockets $6,800 in pure cash flow every month and is building an enormous amount of equity in four small multifamily rentals, and he’s not doing anything YOU can’t do. You don’t need a ton of money or even the flashiest investing strategy—you just need to get started and play the long game! Welcome back to the Real Estate Rookie podcast! Ryan Allsop hated paying rent—so much so that he bought his first rental property without really knowing what he was doing. But with some rookie-level analysis and savvy networking, Ryan found that first duplex, which has been his “cash cow” ever since. Then, Ryan used home equity lines of credit (HELOCs) to scale a real estate portfolio that delivers nearly $7,000 in combined monthly cash flow! Want to copy Ryan’s success? In this episode, he’ll show you the steps he took to go from complete beginner to confident investor in no time. You’ll learn about the real power behind buy and hold investing, a lucrative Airbnb side hustle you can use to fund deals faster, and a surprisingly effective way to negotiate with sellers—without ever picking up the phone! In This Episode We Cover How Ryan makes $6,800 in monthly cash flow with just four rental properties Using the buy and hold strategy and “delayed gratification” to pay your future self Scaling your real estate portfolio through home equity lines of credit (HELOCs) Critical mistakes to avoid when hiring a contractor for your renovation projects The easiest (and cheapest!) way to find off-market properties for sale Living for free by having someone else pay down your mortgage for you And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-587 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	Today's guest is a full-time filmmaker, but has a side hustle.
0:04.3	It's bringing in $6,800 a month and pure cash flow from four rentals, all within walking
0:10.4	distance of his house.
0:12.0	Ryan Alsop didn't start with the trust fund or real estate experience.
0:15.7	He bought a duplex to stop paying rent.
0:18.0	Then he used helox, local lenders, and even email-only deals to grow a full
0:23.0	portfolio.
0:28.5	This is the Real Estate Rookie Podcast. I'm Ashley Care. And I'm Tony J. Robinson.
0:34.1	Okay. Well, let's give a big welcome to Ryan. Thank you so much for joining us today,
0:40.2	Ryan. Happy to be here. Thanks for having me. So you're a filmmaker by day, but what made you
0:46.1	start investing in real estate? Yeah, you know, it's a long story. Going back, I grew up in a
0:51.7	large family. I'm one of seven kids. So, you know, we had a very nice modest home.
0:56.4	I remember growing up with three of us in one room.
0:59.8	And so it was tight.
1:01.3	And I remember in high school and middle school, my dad actually started to read.
1:04.9	I remember rich dad, poor dad.
1:06.9	And then he bought a fourplex.
1:08.6	And I just saw, you know, we got a boat. And we were able to do,
1:12.7	you know, I think more things than I remember growing up. And that always stuck in my mind. And so
1:17.0	when I finally got to the age of 26, I hated paying rent. And I said, I want to buy a duplex and
1:24.0	have someone else pay for it. And so that's kind of how it all started. So you had this
1:29.3	big realization that rent money could actually go towards ownership. So what year was this that you
	...

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