What do you get when you combine Dave Ramsey-style frugality with aggressive deal-finding tactics? You get teacher Amy Barber and her fiancé, Jay – and their $6,000 monthly cashflow in rural Iowa.
In this episode, Amy shares her strategies for buying foreclosed ranch houses in cash, cleaning them up, then refinancing so she can repeat the process again and again.
Think no one’s doing deals during the pandemic? Well, she’s bought 4 houses in the past 4 months, and plans to keep going until she’s making enough to comfortably leave her W-2 job.
If you’re looking for guidance on how to build the financial foundation so you can invest in real estate from a position of strength, Amy’s story will fire you up and get you ready to take that most important next step toward “getting rich slowly” just like her.
By the way, Amy came to our attention through the Real Estate Rookie Facebook group. If you find other awesome investors who would make a great fit for the show, tag us or send them to biggerpockets.com/guest so they can apply.
Connect with Amy:
Amy’s Instagram – https://www.instagram.com/amyjobarber/
Check the full show notes here: https://www.biggerpockets.com/rookie34