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836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

FromBiggerPockets Real Estate Podcast


836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

FromBiggerPockets Real Estate Podcast

ratings:
Length:
55 minutes
Released:
Oct 26, 2023
Format:
Podcast episode

Description

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just five years later, she’s financially free, owns over five hundred rentals, and works not because she has to but because she wants to. She’s scaled faster than almost anyone else we’ve interviewed, so tune in to hear her secrets!
Let’s address the elephant in the room. Lindsey Duguet is actually Dr. Lindsey Duguet, a physician who was the first in her family to attend college. After being told “you can’t do that” more times than she could count, Lindsey made it her mission to prove everyone wrong on her road to success. She got into medical school, nailed residency, became a doctor, and then built a massive passive income rental portfolio on the side to free up family time.
In this episode, Lindsey talks about what made her realize she couldn’t rely on a W2, why buying squatter-filled rentals for just $5,000 isn’t the best move to make, a MASSIVE BRRRR win that made her $300K (tax-free), and how to get “unstuck” when you feel like your real estate investing has hit a wall. 
In This Episode We Cover
How to build a massive real estate portfolio in five years (or less)
Direct mail and other ways that Lindsey found killer off-market deals
Why you should NEVER buy a house sight unseen (unless you do this)
Real estate partnerships and how to use them to build an even bigger portfolio
Creating passive income and why you CAN'T rely on your W2 forever 
Working full-time while running a real estate portfolio and how to start outsourcing tasks 
And So Much More!


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-836
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Released:
Oct 26, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.