7 Rentals in 2 Years by Buying in a Market Everyone Ignores

Episode #1279 Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus! https://www.baselane.com/lp/bigger-po... Nick Burke knew he wanted to invest, but in his high-priced New Jersey market, buying a cash-flowing rental property was close to impossible. He needed to find an affordable market, somewhere with population growth, equity upside, and houses below the $100K price point. He did it, but in a city, 99% of investors have completely written off arguably too soon. Now, Nick owns a rental property portfolio of seven houses, using the “BRRRR” method (buy, rehab, rent, refinance, repeat), to build an entire rental portfolio with very little money out of pocket. He’s done what most investors never thought of— buying his first true rental with a credit card, managing renovations from hundreds of miles away, and going 50/50 with a partner when he didn’t have the cash. If any of that sounds too risky for you, Nick proves that if you’ve got your head on straight, you can make it work with all of these options. Just two years later, Nick’s portfolio has made him hundreds of thousands of dollars richer in equity, and he’s even gotten paid to buy rentals! All it took was taking the leap and realizing he, too, could build wealth in real estate. This is his exact strategy for scaling so quickly, without a ton of cash to start. Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... 🎉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/Podcast... Grab the Book, Rich Dad Poor Dad : https://store.biggerpockets.com/produ... Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-s... Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Long Distance Real Estate Investing For Beginners: https://www.biggerpockets.com/blog/sh... Connect with Nick: https://www.biggerpockets.com/users/n... Connect with Henry: https://www.biggerpockets.com/users/h... 00:00 Intro 01:29 Testing His First Rental 03:47 Investing 500+ Miles Away 08:36 Buying a BRRRR with Credit Cards?! 12:55 Sponsor: Baselane! 13:43 Getting Paid to Buy Rentals! 19:00 $61K in Sweat Equity! 21:35 Managing Rentals from Out of State 27:16 Current Portfolio (Keep His Job?)