“Tiny” investments with BIG upsides? Today’s guest turned a $12,000 down payment (all the money he had) into four rental properties and a unique real estate investing business. After an injury from his time in the Army left Manny Reyna with altered life plans, he had to decide what to do next. He didn’t have much money but wanted to provide for his wife and young son. The best option: use his VA loan to buy a house.
With every dollar he had, he bought a home, knowing it could one day be a rental, but little did he know that it would kickstart a very different real estate investing journey. Fast forward a few years later, and Manny has a glamping/tiny house business that he started with just $20,000. This tiny home brings in some respectable cash flow but wasn’t without its struggles.
In this episode, we’re going through the big ups (and big downs) of Manny’s journey, from having to literally move a house to bad guests ruining his first short-term rental, installing utilities on completely raw land, and managing his properties from very far away (he’s in Japan right now!).
Ashley:
Are you looking for out of the box ideas and strategies to find killer cashflow?
Tony:
Our guest today used a seller financing strategy and a super small investment of money to begin his real estate business that’s now generating crazy cashflow.
Ashley:
I’m Ashley Kehr.
Tony:
And I’m Tony j Robinson and welcome to the Real Estate Rookie podcast and I’m super excited to welcome to the show, Manny. Manny, what’s up brother? How you doing man?
Manny:
Hi Tony. Hi Ashley. Thank you for having me. It feels very surreal to be here, so happy to be on the show and I appreciate the invite.
Ashley:
Yeah, well, we’re excited to dig into your story, Manny. So can you give us a snapshot of your life before real estate investing and what motivated you to actually want to start investing?
Manny:
I didn’t really know anything about finance and real estate until after I got out of…