A single-family home could give you some extra cash flow, but what if there was a way to make six-figure returns from “rentals” that breathe new life into your town? Today, we’ll share a rookie-friendly investing strategy that allows you to do just that, all while using very little (if any) of your own money!
Welcome back to the Real Estate Rookie podcast! Katie Neason is a big believer in “investing where you’re invested” and has built a real estate business that allows her to make huge returns while revitalizing her hometown of Bryan, Texas. Unlike normal real estate development, which involves new construction on raw land, redevelopment is the process of taking an area that was previously built on and giving it a new purpose. The best part about redevelopment? Your city might actually want you to do it—meaning you could get all kinds of grants and tax breaks to bring your vision to life!
In this episode, Katie will give you a detailed walkthrough of her most recent deal, show you the perfect “gateway” redevelopment project for a new investor (step by step), and teach you how to get started with this strategy using other people’s money (OPM)!
Ashley:
Have you ever wondered how investors turn neglected areas into thriving communities and make really great returns? Doing it today, you’ll learn exactly how that’s done using a little known real estate investing strategy that any rookie can start using.
Tony:
Our expert guest today has built a massively profitable business using this strategy, and she’ll walk you through the exact steps you need to take as a rookie to follow in her footsteps.
Ashley:
This is the Real Estate Rookie podcast, and I’m Ashley Kehr.
Tony:
And I’m Tony j Robinson. And give me a very, very warm welcome to none other than Katie Nee and Katie, thank you for joining us on the podcast today.
Ashley:
Dude, I’m stoked to be here with two famous people. We were just saying we’re so boring. We need some excitement. We…