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Episode #542 Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Grab the Book on Medium-Term Rentals, “30-Day Stay”: https://store.biggerpockets.com/produ... Sign Up for the Real Estate Rookie Newsletter: https://www.biggerpockets.com/email-s... Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Why More Investors Are Turning to Mid-Term Rentals: It’s Just Math: https://www.biggerpockets.com/blog/in... Connect with Jamie: https://www.biggerpockets.com/users/j... Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/a... Tony: https://www.biggerpockets.com/users/t... Making $6,000 in monthly cash flow from just four rentals?! Given the current housing market, it seems impossible, but today’s guest is about to show you the secrets to building a profitable real estate portfolio. There are opportunities out there—you just need to know where to look! While many beginners hope to one day earn enough rental income to quit their W2 jobs, Jamie Banks did the reverse—leaving her job to go all-in on real estate investing. This risky move paid off, as in just two years, she has already built a portfolio with enough income to replace her salary. She started out cohosting, and while this strategy helped her learn the ropes of residential investing, it wasn’t going to help her build wealth. So, she turned her attention to buying rental properties instead—using her superpower, networking, to find private money lenders who could help fund her deals! Jamie’s journey hasn’t been all smooth sailing. She has heard “no” more times than she can count, tried several investing strategies, and bought a property that barely breaks even. But despite the setbacks, she has always found a way to learn and grow. And Jamie isn’t taking her foot off the gas any time soon. Stay tuned to hear how she plans to scale to $10,000 in monthly cash flow and break into commercial real estate! 00:00 Intro 00:43 4 Properties in 2 Years! 01:57 Rental Arbitrage 101 08:28 Starting the Cohosting Business 11:48 Jamie’s “Superpower” 17:08 Finding New Markets 22:55 Forging Connections 26:38 The NOLA Property 32:06 Pivoting to Commercial Real Estate 34:55 Connect with Jamie!