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Real Estate Rookie

6 Rental Properties (in 2 Years!) While Working 9-5

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.81.7K Ratings

🗓️ 9 June 2025

⏱️ 39 minutes

🧾️ Download transcript

Summary

Want to invest in real estate but fear you don’t have the time or energy? You DON’T need to quit your day job to build a cash-flowing real estate portfolio, and today’s guest is proof. In just two years, he scaled to six rentals (12 units) while holding down his nine-to-five—all thanks to a strategy that stretches your money further than you thought possible! Welcome back to the Real Estate Rookie podcast! After immigrating to the US, Hoai Nguyen took the traditional path of college, career, marriage, and children. But when he realized he’d be stuck in the rat race until normal retirement age, he went looking for a better way to build wealth—and found it in real estate. Starting with just $40,000, he used the BRRRR method (buy, rehab, rent, refinance, repeat) to buy six rental properties in only two years! Despite Hoai’s rapid success, the journey hasn’t been easy. In fact, his first few properties gave him his fair share of headaches, from leaks to lawsuits. But by taking action, learning through experience, and staying consistent, he gained the confidence to keep buying rental properties. Tune in and he’ll show you how to do the same! In This Episode We Cover How Hoai built a 12-unit portfolio in just two years (while working a full-time job) How to find overlooked real estate deals on the multiple listing service (MLS) The secret to getting your spouse on board with your investing goals Scaling fast with the BRRRR strategy (buy, rehab, rent, refinance, repeat) Common investing mistakes that will cost you time and money (and how to avoid them!) And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-572 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

Click on a timestamp to play from that location

0:00.0

You've probably heard it before, but real estate investing is all about location, timing,

0:04.8

and strategy.

0:06.0

But what happens when your first few deals come with unexpected plumbing disaster,

0:11.5

contractor headaches, and a case of FOMO-fueled decision-making?

0:16.2

Today's guest went through it all and still came out on top.

0:19.7

Yeah, that's right.

0:20.3

He didn't have a perfect

0:21.4

start, but he kept showing up, learned from every mistake, and built a strategy that works.

0:26.8

If you've ever seconded guest a deal or felt overwhelmed figuring out where to begin,

0:31.2

this episode's going to hit home. You'll walk away with practical steps and maybe a few

0:36.0

hard lessons, you won't have to learn the hard way.

0:42.7

Welcome to the Real Estate Rookie podcast. I'm Ashley Care. And I'm Tony J. Robinson. And today we're

0:48.3

talking to Hwai, an investor who got started in Oklahoma City and has since grown a rental

0:53.4

portfolio through grit, smart

0:55.2

pivots, and a whole lot of problem solving. Quai, welcome to the Real Estate Ricking podcast.

0:59.7

Super excited to have you, man. Thank you guys for having me. I'm so honored to be here.

1:03.6

Well, let's get started with your background before real estate investing. What was going

1:08.9

on in your life and what actually sparked an interest in real

1:12.5

estate? So I have a story that's very similar to a lot of the guests, I think. You know, my family

1:18.2

and I, we immigrated to the states in 95 from Vietnam. My dad, he served in the South Vietnamese Army

1:25.6

with the Americans and so that he got put in in prison for about 10 years and after that they allowed him to come to the States

1:33.3

and he was able to take seven of us siblings so my parents had 10 total but only seven of us

...

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