I Had 4 Kids, No Cash, and a Traveling Spouse: Now I've Got 4 Rentals
BiggerPockets Real Estate Podcast
BiggerPockets
4.8 • 16.6K Ratings
🗓️ 16 March 2026
⏱️ 48 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | I was scared to make my first phone call. Now she has four rental units and she's profited |
| 0:05.2 | over $130,000 on her first two flips. In 2023, Joanna was home alone with a six-month |
| 0:11.2 | old baby while her husband was offshore working and she was looking for a passive income stream |
| 0:16.1 | that could help her have enough money to bring him home. Then I discovered real estate investing. |
| 0:20.8 | Joanna didn't have any cash to start with, so she leveraged her home equity. I wasn't seeing |
| 0:25.4 | many deals on the market, and that's when I started talking to sellers. She didn't have any |
| 0:30.5 | construction experience, but she figured that out. I bought my first rental property for $100,000. |
| 0:36.3 | And that's after she paid the seller $20,000 more than he was asking for. |
| 0:40.3 | I'll explain that later. Now that house is worth double the amount I paid and it's cash |
| 0:45.5 | flowing hundreds of dollars. Joanna has made five more investment deals since 2023 right in |
| 0:51.0 | our backyard of northwest Arkansas. Her husband isn't working offshore anymore, |
| 0:54.9 | and her family has a beautiful new five-bedroom home. That's the lesson of this inspiring story. |
| 0:59.5 | Anyone can figure out real estate investing and start on the path to building financial freedom. |
| 1:03.7 | You can even use the same real estate investing strategies I used. Because we're about to reveal them right now. |
| 1:20.9 | Jamada, welcome to the show. Thanks for having me, Henry. This is cool. Like, good full circle moment for me because I've been around you for a while and I'm excited for you to tell people |
| 1:26.1 | your story because I think it's really inspirational. |
| 1:28.2 | Yeah, I just in a short amount of time, have been able to essentially change my family's life. |
| 1:35.5 | It's a pretty big deal for us. |
| 1:37.2 | I love it. I love it. So let's start at the beginning. Tell us how you got scarred. |
| 1:42.1 | I'm a nurse. My husband used to work in the old field, and we had a lot of children. |
| 1:48.1 | So at that time, we had four children. |
| 1:56.3 | I was just like, we need to figure something out to where you can come home. |
... |
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