Most people would assume ‘Love is Blind’ star Nancy Rodriguez built most of her wealth after appearing on the show. But most people would be wrong. For the past seven years, Nancy has been quietly building a cash-flowing rental property portfolio, allowing her to become debt-free, go full-time into real estate, and build generational wealth for her family. She started her journey with 0% down loans, worked her way up to short-term rentals, and is now buying properties in cash across the great state of Texas.
Nancy grew up with limited financial education. Money wasn’t a topic that was often discussed but witnessing her parents work hard to obtain it taught her that wealth was worth attaining. After graduating from college, she was strapped with six figures in student debt, prompting her to become a debt-free Dave Ramsey disciple. But, as she paid off her debt, the fear of leverage fell away, allowing her to pick up property number one with a 0% down payment.
From there, she piled her money into properties, buying as many “ugly” homes as possible and turning them into worthwhile stays. She’s dealt with burnt interiors, squatters, and bad contractors, but nothing has stopped her from achieving the financial freedom she sought. Now in the limelight, Nancy is trying to help others do the same. So if you want to repeat Nancy’s system without going on reality TV, tune into this episode!
Ashley:
This is Real Estate Rookie episode 261.
Nancy:
I think a big part of my journey really started with not understanding what debt was when I went to school, my undergrad, not really understanding what it meant to get a car loan right before I graduated. And then having finished school and having $100,000 of debt. I did go through like the Dave Ramsey baby steps to get rid of my debt, and that took about two years, which was around the same time I actually bought my first property as a duplex and I did the house hacking for that property.
Ashley:
My name is Ashley Kehr…