Two Rentals, $3,000 Each: The Guide to Closing with Close-to-Nothing

You don’t have to live near your rental, or bring a huge check to closing, to build a real estate portfolio. Today’s guest closed both her deals with only $3,000 out of pocket for each deal, and in a city she’d never even visited. We’re walking through how she did it, and how you can get started, too!Welcome back to the Real Estate Rookie podcast! Thomasina Myresa grew up learning how to save. And while she was good at it, it was only when her career was put on hold that she found BiggerPockets, and the art of investing. After finding her mentor, Thomasina went on to close her first deal just five months later! More impressively, it was out-of-state, and with only $3,000 down.Thomasina walks us through how she used the seller concession strategy to keep her closing costs tiny—twice, what she looked for in a property management company (and why she fired one within the first week), and how she scaled from a single family rental to now house hacking a $325,000 duplex.Thomasina’s smart and humble approach to scaling while finding her purpose and niche as a landlord is an all-round inspiring journey, and one that any rookie can relate to! Find out how you can use Thomasina’s strategies...