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BiggerPockets Real Estate Podcast

836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 26 October 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just five years later, she’s financially free, owns over five hundred rentals, and works not because she has to but because she wants to. She’s scaled faster than almost anyone else we’ve interviewed, so tune in to hear her secrets! Let’s address the elephant in the room. Lindsey Duguet is actually Dr. Lindsey Duguet, a physician who was the first in her family to attend college. After being told “you can’t do that” more times than she could count, Lindsey made it her mission to prove everyone wrong on her road to success. She got into medical school, nailed residency, became a doctor, and then built a massive passive income rental portfolio on the side to free up family time. In this episode, Lindsey talks about what made her realize she couldn’t rely on a W2, why buying squatter-filled rentals for just $5,000 isn’t the best move to make, a MASSIVE BRRRR win that made her $300K (tax-free), and how to get “unstuck” when you feel like your real estate investing has hit a wall. In This Episode We Cover How to build a massive real estate portfolio in five years (or less) Direct mail and other ways that Lindsey found killer off-market deals Why you should NEVER buy a house sight unseen (unless you do this) Real estate partnerships and how to use them to build an even bigger portfolio Creating passive income and why you CAN'T rely on your W2 forever Working full-time while running a real estate portfolio and how to start outsourcing tasks And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-836 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

This is the Bigger Pockets Podcast Show 836.

0:04.4

What's going on, everyone?

0:05.3

It's David Green, your host of the Bigger Pockets Show

0:07.7

State Podcast, the biggest, the best,

0:09.8

the baddest real estate podcast in the world,

0:12.6

every week bringing you the stories, how to's,

0:14.5

and the answers that you need in order

0:16.1

to make smart real estate decisions now in today's market.

0:19.7

And we have got a show for you today.

0:23.2

Robin, I will be interviewing Lindsey Dugay,

0:26.2

who is a multi-family operator, a small multi-family operator,

0:30.3

a little bit of a single family mix in there.

0:32.3

She's done a lot of things, but she's done well

0:34.4

with the Burr method and long distance real estate

0:36.8

investing two things that we both know that I'm passionate about.

0:40.2

And she's proven a lot of people wrong along the way.

0:44.0

Rob, what are some things that you think people should look

0:46.6

out for in today's episode?

0:48.2

I think for anyone that's at home listening to this podcast,

0:51.4

if you have reached a plateau in your real estate investing journey

0:55.4

and you're trying to scale and you're trying to figure it out

0:58.3

and you're struggling with it,

...

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