I Renovated 2 Rentals WHILE Working 2 Jobs to Replace My $35K Salary

Episode #1243 Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus! https://www.baselane.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_campaign=bigger_pockets&utm_medium=YT-M *Renovating two rental properties, while working two jobs, all in your twenties. Flo Jacques* took it on so she could *replace her $35,000/year college admissions salary* —and it was so worth it. The first year after graduating college, at age 22, Flo decided she was done being a renter. With just $15,000 down, she bought her first home to live in. But being an investor? That wouldn’t come until *2024—arguably one of the hardest housing markets* in recent history. When she saw a panel on investing in real estate (and started having literal dreams about owning rentals), she knew it was time. *The first investment property? A $70,000 neglected house in need of a big rehab* and in a flood zone. What could go wrong? If that wasn’t enough, *Flo then—midway through the rehab—decided to buy another rental to renovate—a duplex.* She was managing two rental renovations while working two jobs. But now, Flo has some strong cash flow she created. Flo learned a lot, especially since she’s only in her twenties, but she is already on to the next deal: *a flip with six-figure profit potential.* In today’s show, Flo shares why she took the leap, the lessons she learned managing two renovations at once, a sure sign to fire your contractor, and why her new goal is one of the biggest we’ve ever heard. Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Henry’s Book, _Real Estate Deal Maker_ : https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders _BiggerPockets Real Estate_ 1105 - Buying ONE Rental Changed My Life: 4 Years Later, I Quit My Job: https://www.biggerpockets.com/blog/real-estate-1105?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Flo: https://www.biggerpockets.com/users/flojacques?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 01:57 First Home at 22! 02:49 “Dreaming” About Real Estate 05:02 $70K Fixer-Upper in 2024 08:07 Sponsor: Baselane! 08:57 100% Financing (+2 More Units!) 13:19 2 Renovations Working 2 Jobs 17:02 Cash Flow on Renovated Rentals 20:08 Six-Figure Potential Profit? 24:57 Current Portfolio and Goals 26:43 Teaching Others to Build Wealth 28:41 Stop Waiting, Start Taking Action!