21. Using real estate & Etsy to exit the rat race to follow her passion | Brick by Brick Wealth
Instagram is an amazing resource for meeting like-minded investors in the real estate community, and that’s actually how I connected with Casey from @brickbybrickwealth. We discover we have a lot in common, including that we are both “talkers”, so we get into a LOT during this episode. Casey began her career in SoCal and realized the 9-5 job with the long commute just wasn’t for her. She soon found her niche helping real estate investors. Fast forward to a move to Memphis with 2 kiddos, her husband and a cat. She tried her hand at running an Etsy shop, but she quickly realized her time is a limited resource, and you can only produce so many items in a day. Casey and her husband soon began investing in rental properties (5 total) all with 20% down and traditional mortgages. Casey and I talk about what we’ve learned from rehabbing rentals (you can probably leave that popcorn ceiling untouched), and how sometimes a late fee can be quite exciting for us landlords. We talk about our methods of running the cash flow numbers for a property, and agree that usually the best answer lies somewhere in between the worst and best case scenario. We compare tenant screening methods and our deal breakers, and we also talk about some of the things we just have to let slide. Casey was encouraged by her sister to teach other people how to invest. She spent a year creating a 6 week immersive course to teach her process from start to finish—including helping others with out of state investing. You can check out Casey’s Instagram @brickbybrickwealth and her website brickbybrickwealth.com! --- Support this podcast: https://podcasters.spotify.com/pod/show/nerdsguidetofi/support