Middle-School Teacher Makes $100K in 6 Weeks on Her FIRST Deal

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 20 January 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Laura Sides had zero real estate investing experience not too long ago. But, within just six weeks, she made $100,000 on her first real estate deal. How is that even possible? That type of profit is usually reserved for expert real estate investors, not middle-school science teachers! Today, Laura is uncovering the fast-flipping formula that helps her do quick, profitable real estate deals even in her competitive market. During a beach vacation to Florida, Laura read the personal finance and investing classic Rich Dad Poor Dad, and, seemingly overnight, her brain rewired as she became dead set on multiplying her money instead of working for every dollar. So, she took out a HELOC (home equity line of credit) to buy her first real estate deal, but where would it come from? A chance encounter with a neighbor would set her on a path that would change her life forever. Now, she’s cracked the house flipping formula, has two killer rental properties she uses as her own vacation homes, and makes significantly more than her teacher’s salary working on her schedule, building wealth her way. Want to be like Laura? We ALL do, and today, she’s sharing how you can do it, too! In This Episode We Cover: How Laura made a six-figure profit in just six weeks on her FIRST real estate deal The house flipping formula Laura uses to buy low-stress, quick flips that make great profits Why you should ALWAYS be friendly with your neighbors (they might sell you their house) Using a HELOC (home equity line of credit) to buy your first investment property What Laura looks for on property listings as telltale signs they’ll be good deals And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube Rich Dad Poor Dad Laura’s Instagram Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine Buy the Book, “The House Flipping Framework” Find an Investor-Friendly Agent in Your Area How to Start Flipping Houses for Huge Profits in 2025 (Step-by-Step!) Connect with Laura (00:00) Intro (01:02) ZERO Investing Experience (04:49) I’ll Buy Your House! (08:56) $100K Profit on FIRST Deal!? (12:41) From 1st Flip to Beach House (19:55) Laura’s Portfolio (22:32) The Fast Flipping Formula (26:41) Finding Deals (34:18) Connect with Laura! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-512 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	Hey, rookies, sometimes finding a good deal hinges on being a good neighbor and it can net you
0:06.1	$100,000 or 4K per month. Today's guest is Laura Sides, a teacher turned real estate investor
0:13.5	out of Pennsylvania. She picked up two game-changing properties by fostering positive
0:19.0	relationships in her community. And today, she's going to
0:22.2	walk through how she got started in all of the important lessons that she learned along the way.
0:26.6	So we'll talk about buying her first deal, then stumbling into an Airbnb rental to perfecting
0:31.9	how to find and rehab properties within 30 days.
0:44.0	This is the Real Estate Rookie Podcast, and I'm Ashley Care.
0:48.2	And I'm Tony J. Robinson, and welcome to the Rookie Podcast, where every week, three times a week, we bring you the inspiration, motivation, and stories you need to hear to kickstart
0:52.8	your investing journey.
0:53.6	So welcome to the show,
0:55.1	Laura, super excited to have you with us today. Thanks so much, Tony and Ashley. I'm so excited to be
0:59.2	on the Bigger Pockets rookie podcast. Well, we are excited to have you, Laura. So let's start off with
1:06.0	what were your life circumstances and motivations that made you want to start investing in real estate.
1:12.7	So I didn't even know that I was going to be a real estate investor. I didn't know investors.
1:17.5	I have absolutely no entrepreneurial background. So this is still kind of new and exciting to me
1:24.1	even three years in. We went down to Florida with our kids mid-pandemic after
1:30.0	being a stay-at-home mom, and we brought Rich Dad, Poor Dad. And I was sitting on the couch,
1:35.6	reading quotes out to my husband. And I was like, oh, my God, babe, there's a whole other world out
1:40.9	here. And it honestly was a light bulb moment because we didn't have any
1:47.1	investing history. And we came back from there and we're like, and everything changed.
1:53.4	That's awesome to have that epiphany on a beach too. You know, so once you decided that you want to start investing and what were some of the things
	...

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