7 Rentals in 2 Years by Buying in an Affordable Market Everyone Ignores
BiggerPockets Real Estate Podcast
BiggerPockets
4.8 • 16.6K Ratings
🗓️ 18 May 2026
⏱️ 40 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Nick Burke had been listening to this podcast for almost 10 years before building his rental portfolio. |
| 0:06.2 | He knew he always wanted to invest in real estate, so he finally took the leap and he rented |
| 0:10.8 | out his condo as a test. |
| 0:12.6 | Well, the rent started rolling in and the management wasn't as hard as he thought. |
| 0:17.2 | So in 2024, he decided it's time to start buying rentals. |
| 0:20.6 | But he was living in New Jersey, |
| 0:23.2 | which is a high-cost, low-cash-flow real estate market. He needed to buy somewhere with affordable |
| 0:29.0 | home prices that had population growth, that had equity upside, and was only a short plane right |
| 0:35.3 | away. Well, he found that perfect market, and it's probably one you've already written off. |
| 0:40.8 | Now, all in this one market, Nick has bought six rental properties, with one more under contract |
| 0:47.0 | as we speak. |
| 0:48.5 | He is doing the impossible, buying rentals with credit cards, and successfully paying them off, |
| 0:53.9 | achieving the perfect |
| 0:54.9 | burr in today's market where people say you can't do that. |
| 0:57.7 | And he's doing it from over 500 miles away while working a full-time job. |
| 1:03.7 | Nick took almost a decade to get started, but has now built an entire real estate portfolio |
| 1:08.8 | in just two years. |
| 1:10.6 | If you're still stuck on the sidelines, |
| 1:12.2 | hearing Nick's story is bound to get you in the game. |
| 1:19.8 | What's going on, everybody? I'm Henry Washington, co-hosts of the Bigger Pockets podcast. |
| 1:24.7 | Today we've got a great investor story with Nick Burke, so let's jump into it. |
| 1:29.3 | Mr. Nick Burke, welcome to the podcast. Hey, Henry, happy to be here, man. Happy to be here. |
... |
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