BiggerPockets Real Estate Podcast - 7 Rental Properties in 3 Years by Finding the “Golden Triangle”

Episode #797 Most people take YEARS to buy their first rental property, but most people aren’t Jenni Vega. Instead of waiting, Jenni bought seven rentals in just three years, with almost unbelievable cash flow on each using what she calls the “golden triangle” method of investing. With this simple framework, Jenni was able to buy undervalued properties in cities that most investors don’t even have on their radar. The properties are cheaper, the profits are bigger, and if you copy Jenni’s method, you, too, can build a six-figure side income stream in just a few years. Surprisingly, Jenni still keeps her day job as a Cutco closing gift saleswoman. In fact, it’s what got her into real estate. After working with dozens of realtors a week, Jenni learned about buy and hold rental property investing. It didn’t take long before she bought her first property in an area most investors would avoid. But, thanks to careful planning and intentional investing, Jenni turned this cheap property into a $50K/year revenue stream. And that was just the start. Now, breaking all the “real estate rules,” Jenni is out to prove that almost any property can become a profitable vacation rental. Whether she’s adding game rooms, "redneck mini golf" courses, or cowboy pools, Jenni has turned lackluster properties into top-performing short-term rentals. If you follow her advice, you can do it too! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ Hear Tony on the “Real Estate Rookie” Podcast: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=owned_media ~~~~ Subscribe to the “Real Estate Rookie” YouTube Channel: https://www.youtube.com/@RealEstateRookie ~~~~ Learn About Tony’s Recent Deal Gone Wrong: https://www.biggerpockets.com/blog/rookie-298?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab “HOLD: How to Find, Buy, and Rent Houses for Wealth”: https://www.amazon.com/HOLD-Find-Rent-Houses-Wealth-ebook/dp/B0096QZ5AY/ ~~~~ Connect with Jenni: BiggerPockets: https://www.biggerpockets.com/users/jenniv1?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: ~~~~ Connect with Rob and Tony on BiggerPockets: Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt): Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://www.twitter.com/robuiltchannel YouTube: https://www.youtube.com/c/Robuilt ~~~~ Connect with Tony: Instagram: @tonyjrobinson or https://www.instagram.com/tonyjrobinson/ YouTube: https://www.youtube.com/@TheRealEstateRobinsons Show notes at: https://www.biggerpockets.com/blog/real-estate-797?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 03:16 Quick Tip 03:35 Investing in Unsexy Markets 11:09 Why You SHOULDN'T Quit 19:38 Building Generational Wealth 20:48 Breaking the Real Estate Rules 30:34 Unique Amenities for Higher Rent 47:28 Jenni's Current Portfolio 52:45 Starting a Short-Term Rental in 2023 55:59 Connect with Jenni!