74 min listen
261: How Nancy Rodriguez from 'Love is Blind' Hit Financial Freedom BEFORE Fame
261: How Nancy Rodriguez from 'Love is Blind' Hit Financial Freedom BEFORE Fame
ratings:
Length:
71 minutes
Released:
Feb 15, 2023
Format:
Podcast episode
Description
Most people would assume ‘Love is Blind’ star Nancy Rodriguez built most of her wealth after appearing on the show. But most people would be wrong. For the past seven years, Nancy has been quietly building a cash-flowing rental property portfolio, allowing her to become debt-free, go full-time into real estate, and build generational wealth for her family. She started her journey with 0% down loans, worked her way up to short-term rentals, and is now buying properties in cash across the great state of Texas.Nancy grew up with limited financial education. Money wasn’t a topic that was often discussed but witnessing her parents work hard to obtain it taught her that wealth was worth attaining. After graduating from college, she was strapped with six figures in student debt, prompting her to become a debt-free Dave Ramsey disciple. But, as she paid off her debt, the fear of leverage fell away, allowing her to pick up property number one with a 0% down payment.From there, she piled her money into properties, buying as many “ugly” homes as possible and turning them into worthwhile stays. She’s dealt with burnt interiors, squatters, and bad contractors, but nothing has stopped her from achieving the financial freedom she sought. Now in the limelight, Nancy is trying to help others do the same. So if you want to repeat Nancy’s system without going on reality TV, tune into this episode!In This Episode We CoverPaying off six figures of student debt and buying your first property with 0% downThe first-time homeowner program that requires no cash, no credit, and offers the BEST interest rates aroundHow to deal with squatters and a win-win solution that every landlord should tryBuilding your financial education and using side hustles to fund your property purchasesShort-term rental investing and using it to get high cash flow in today’s tough marketBuying rentals in cash and when it makes sense to decline debtGenerational wealth and using a small rental property portfolio to boost your family’s opportunitiesAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramAirbnbBiggerPocketsExpensifyFinance Friday: How to Start Investing After Becoming Debt-FreeFurnished FinderNACAPace Morby's InstagramReal Estate Rookie Facebook GroupThe Real Estate PodcastVrboConnect with Nancy:Nancy's InstagramNancy's TiktokNancy's Youtube ChannelCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-261Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 15, 2023
Format:
Podcast episode
Titles in the series (100)
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