51 min listen
231: Semi-Retired at 30 Thanks to One Year’s Worth of Real Estate Investing w/Jessie Dillion
231: Semi-Retired at 30 Thanks to One Year’s Worth of Real Estate Investing w/Jessie Dillion
ratings:
Length:
61 minutes
Released:
Nov 2, 2022
Format:
Podcast episode
Description
If early retirement seems out of reach right now, try semi-retirement. Once you get there, you’ll only be halfway to early retirement, just like today’s guest, Jessie Dillion. At only thirty years old, she is semi-retired and has scaled her real estate portfolio to almost two million dollars in nine months, with five properties total!When people think about high returns, they often think about a high unit count—but why have a lot when you can do the same with a few? Jessie is strategic about each property purchase she makes and has made a goal to make one smart investment each quarter. She currently has a single-family home and two duplexes. One of her duplexes is a house hack, and her portfolio sports a mix of long-term, short-term, and mid-term tenants.Jessie’s success is due to how responsible she is with her finances. To finance her first property, she built up her savings to ensure she had enough to cover any surprises. As Jessie continues to scale, she has gotten more creative with her financing. She has formed great relationships with her lenders because of her ability to ask questions and carefully choose where and how she gets her funding. Now she is semi-retired at thirty years old and pays a measly fifty dollars a month towards her mortgage!In This Episode We CoverThe FIRE movement and how to start your early retirement journey todayHow to use transferable skills from other jobs to make investing easierBuilding trust with your spouse and getting them on board with your investing journeyGetting the funding for your first rental property and how to use creative financing for the restBrilliant savings tips and how to rapidly increase your savingsThe loan process and how to build a strong relationship with lendersAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramReal Estate Rookie Facebook GroupOn the Market PodcastJamil Damji's BiggerPockets ProfilePace Morby's InstagramBrittany Arnason's InstagramAshley Hamilton's Biggerpockets Profile10 Deals on a $20K Waitress Salary With Ashley HamiltonRachel Richard's InstagramHenry Washington's InstagramZillowFurnished FinderCraigslistFacebook GroupsAirDNAPriceLabsData.rabbuMonday.comConnect with Jessie:Jessie's BiggerPockets ProfileJessie's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-231Interested 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:
Nov 2, 2022
Format:
Podcast episode
Titles in the series (100)
Start Now, or Wait This Thing Out? Live Audience Q&A by Real Estate Rookie