Growing to $8,000 in monthly cash flow and 35 rental units—all while working a W2 job?! Just two years ago, today’s guest knew nothing about real estate investing. But he found a deal and brought it to someone with money, and this single move launched his investing journey. Want to do the same, starting from zero? Then you don’t want to miss this one!
Welcome back to the Real Estate Rookie podcast! Luke Tetreault was miserable at his W2 job. When he had finally reached his breaking point, he decided to take a swing at real estate—and at first, it wasn’t pretty. Without any investing knowledge or experience, Luke found his first property on Facebook Marketplace and didn’t even have the money to close it himself. So, he reached out to an old contact, who ended up funding the deal. Over time, he grew his network until he had contractors and private money lenders for all his deals!
He started with a single-family home, but his most recent deal? An 18-unit mobile home park he bought with creative financing. Stick around as Luke teaches you how to find off-market deals no one’s looking for, use your everyday hobbies to build out your investing team, and scale your portfolio starting with little to no cash!
Ashley:
Hey rookies. We often talk about the importance of consistent action for real estate investing, but there are some investors that take this to an extraordinary level. Today’s guest has built a portfolio of 35 rental units and completed 13 flips in just two years, all while working full-time as a welder.
Tony:
And honestly, what makes this story even more remarkable is how he’s leveraged networking and private money to really accelerate his growth. Starting with literally zero investing experience and no formal business background. Lucas created nearly a million dollars in equity and $8,000 in monthly cashflow. So today he’s going to break down how he went from his first Facebook marketplace deal to recently acquiring an 18 unit mobile home…