Turning 9-to-5 Burnout into 24 Doors (in a Year and a Half!) with Kristie LeSage | Rookie Podcast 53
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- Опубліковано 24 лип 2024
- www.biggerpockets.com/rookie53
0:00 Pre-show with Ashley and Tony
2:00 Introducing Kristie LeSage
14:06 Know your 'Why'
24:42 Manage your portfolio
33:09 Challenge of growing
43:27 Mindset Deep Dive
46:56 Rookie Request Line
53:54 Contact Kristie LeSage
55:39 Video Recommendations
Kristie LeSage didn’t mind her 9-5 much before she went on a hiking trip to Yosemite. When she turned her phone off for a few days, hung out with friends, and spent time in nature, she realized that she wanted more freedom in her life. After that hiking trip, she returned home to her husband and told him it was time for her to quit. The problem? She didn’t know how she was going to make money when she left her job.
After doing some options trading and making money off of it, she made the decision to leave her job by the end of summer 2019. While she was trading, her husband was getting into the BiggerPockets community, and through some of her husband’s suggestions, Kristie found another way to make money. In August of 2019, they closed on a 4-plex in San Diego. A year and a half later, Kristie and her husband have an impressive 24 doors!
Kristie walks through the benefits and struggles of owning multifamily properties both in and out of state. She also talks about the different types of funding she used in order to get them under contract, including conventional loans, HELOCs (home equity lines of credit), and commercial loans. Even without a W2 or 2 years of 1099 income, Kristie proves it’s possible to start your real estate journey regardless of where you’re at.
How to contact Kristie:
Follow Kristie on Instagram - @kristielesage - / kristielesage
Connect with Kristie on LinkedIn - / kristie-lesage-05605884
Check the full show notes here: www.biggerpockets.com/rookie53
44:39 "10% of life is the obstacles that come your way, and 90% of it is how you handle them."
Loved watching your interview with Chris and Terrance here in Denver man…. Your testimony is motivating, and I look forward to sharing a similar one in the near future 🙏🏾👊🏾
I work in sales for the largest hospitality company in the word and her message hits close to home for me. My wife and I just bought our first multi family. I look forward to being in the same shoes as Kristie and her husband!
I know im randomly asking but does anybody know of a tool to get back into an instagram account..?
I somehow lost my password. I appreciate any tricks you can offer me.
I just bought that Robert Kyosaki board game to play with my kids. I am so excited to play it with them bc I know it's gonna enlighten ME! I am just using the kids as a cover🤣
Nice work ⛄⛄⛄
This woman is an actual slum lord. I used to rent from her and it was by far the worst experience I've ever had renting from anywhere or anyone
Great info about debt to income ratio. Helpful discussion.
Wow this girl can talk
How are you coming up with down payments on these deals?
i guess the cash flow from the other properties allow you to qualify for more properties?...
Great question. I was thinking the same!
I wouldn’t recommend a lockbox when doing a turnover. People are either not knowledgeable about opening or locking the box correctly.
What a great episode...thank you for the upload and information
Michigan housing is extremely distressed. Is that a factor?
I don’t believe the showing responsibility should be passed off on the cleaning person. Their job is to clean not show apartments. You or a property manager should be the ones present during the showing. From experience the perspective tenant who comes to view the apartment will always have a question or two about the property or the surrounding area. It’s best you answer their questions.
PSA: Realtor is a two syllable word guys. REAL-TOR.
Time Mark when the interview begins?
Is it me or is Kristie having a long conversation with herself?
💀💀
😭 great info though
I really enjoyed it! She just went for it and will continue to learn as she goes.
It was tough to listen to her
Still bravo on her accomplishments!
I love her story but the vocal fry is tough to listen to for an hour. I had to break it up.
@@launchpadw9379 check the comment underneath trem
Damn I wish I had rich relatives to loan me $$
Same here…I actually had to work my butt off for my money!
Like Tony says there are ways to be creative with financing but everyone's method and stories are different. Great job Kristie and good luck moving forward 😉
Ashley's such a cutie.
As a black man, I find that racist that she called him Tommy Boy? How did she get that from Tony Robinson? Please contact the Cancel Culture police ASAP.
I'm not sure if your comment was a joke or not. But there is a movie that came out in 1995 with Chris Farley and David Spade that's a comedy. Ever since that movie, anybody named Tom, Tommy, Tony, etc. I think of that movie and have called friends that. It has nothing to do with race at all.
@@christianlane2307 My comment was mostly serious. Coming from a black man, for any reason, and this one was extremely weak (Tommy to Tony?), never call a black person "boy" and especially during Black History Month. She owes my brother Tony, who is basically carrying this podcast with his great performance, a major apology.
The comment is a reference to the previous episode where they were talking about the movie Tommy Boy. No need to be offended.
I thought it was very offensive too.
@@davidr4523 You aren't forced to watch this racist show.