0001 Why I invest in houses priced under $30,000

Columbus Oh Rental Property Purchased for 35K

Columbus Oh Rental Property Purchased For 35K

This is my very first post. It really explain why I do this type of investment realty, specifically only looking at houses under 30k. This is a strategy that many will feel is fraught with terrible perils at first glance, or ludicrous at second glance, but if given the chance they can see it can actually be their way to wealth they can pass on to their kids. None of what I espouse is a simple solution, it takes hard work and some elbow grease, but the gains are enormous and takes you much closer to financial freedom. Please enjoy this first podcast of many (I have over 100 different episodes that are already in the pipeline to get out to you).

 


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26 Comments

  1. eric washington-
    August 19, 2013 at 5:32 pm

    I trying send you message they said need your user name? my email readycarmy@yahoo.com

  2. AffordableREI-
    September 12, 2013 at 8:33 pm

    Hi, you can also reach me at LisaPhillipsREI@gmail.com

  3. Thako Othiamba Davidson-
    December 20, 2013 at 9:43 pm

    now I’m motivated

  4. Maige Matthews-
    April 16, 2014 at 4:22 pm

    I’m inspired, Lisa. Do you know anyone in the New York City area?

  5. Marie-
    May 18, 2014 at 2:52 pm

    Did you purchase your 4 properties under an LLC? How did you do that? Do you suggest an LLC is profitable for owners/investors of 4 persons to make this a full time business?

    • May 20, 2014 at 3:17 pm

      Hi Marie, I try to keep the questions to the topics of the video to not have too many conversations going. Check out my LLC video where I explain how I use this method, and if you still have a question, ask it there. Thank you, Ma’am!

  6. John j-
    July 9, 2014 at 1:29 pm

    Thanks for making this video. I am in the process of purchasing my first
    rental property now in Baltimore County.

  7. Joseph Mitchell-
    July 22, 2014 at 4:46 am

    Hi Lisa, I’m from Beaumont Texas and I think its great that you recommend
    looking for homes under 30k. I’m learning real estate and after doing the
    math i had a phone conversation telling a friend of mine the HUGE advantage
    of homes under 30k. I really feel now that i was on the right track. But my
    question is: What websites would you recommend to search for these
    properties. On Google i mostly run into site asking for payments to search
    their database. Needless to say I don’t wanna pay. lol

  8. steven roberts-
    July 22, 2014 at 10:07 pm

    This was the second video to watch of yours and plan to watch them all
    Thanks for sharing

  9. enos anson-
    September 6, 2014 at 4:39 pm

    Love it. Great video

  10. Jane Doe-
    September 8, 2014 at 12:30 am

    I love that you are a go getter! You inspire me.

  11. Tara Myrick-
    September 20, 2014 at 4:45 pm

    I dont have any questions, yet…but…

    I’m watching all webinars…thank you for having the desire to share your
    knowledge…i appreciate you…

    Tara

  12. Rebecca Anderson-
    September 22, 2014 at 1:23 am

    Going back to read from the beginning. You have answered many of my
    questions.

  13. Asia Amanzi-
    October 26, 2014 at 10:52 am

    Thanks so much for sharing! I’m enjoying your videos so far and I can’t
    wait to find out your specific methods for finding affordable real estate.

  14. Yo_Reef01-
    January 6, 2015 at 7:24 pm

    Very inspirational. I’ve been thinking about going into real estate for the
    past two years and i’m only 20 years old. I can admit i have let others
    influence my decisions in the past but i’m finally taking the steps i need
    to start investing in properties in the next few months.

  15. De'Shon Lucious-
    January 14, 2015 at 10:30 pm

    Lisa I want to thank you for your information and I want to say
    Congratulations on making your Real Estate purchases. I started listening
    to you because I want to make this happen and after listening to you I have
    changed my outlook and now I am going to invest in 30 to 40k homes.

  16. Bola Alli-
    January 16, 2015 at 7:28 am

    Lisa your work is great beyond imagination, i came across your channel
    yesterday and i said to myself that i know this lady from bigger pocket,
    when i watch your videos is like talking to a neighbor, my sister or a
    family member, you are God sent.

  17. Donald Placide-
    January 18, 2015 at 1:43 pm

    Treat your RE like a business, and not all lower income neighborhoods are
    the same ! Great tips on the video Lisa! I’m taking notes!

  18. J. Sebastian-
    January 20, 2015 at 8:35 am

    Hi Lisa! Been going back and forth on your videos! Love them! Thanks for
    your insight. I’m 21 and have been venturing into REI for about 3 months
    now. You’ve definitely showed me a new playing field that helps me out
    financially. Awesome stuff

    • January 23, 2015 at 10:18 am

      Nice! Be cautious and careful, and most of all, unemotional! Thats my main advice to the younger set – you can do it, but it has to be cold hard logic, not emotions, dictating your every move.

  19. Joe Lujan-
    February 17, 2015 at 8:50 pm

    Very interesting! looking forward to watching the entire series!!

  20. mszeni22-
    March 4, 2015 at 11:53 am

    I’ve been listening to your videos while working. I’m a person that’s a bit
    older than you who let myself be scared away from less than glam houses. An
    associate of mine did what you are doing. Fifteen years later she owns
    three properties, one that houses her biz, and i own a used car. Thank you
    for the inspiration and breakdown of your method.

  21. Tay Clemmons-
    March 4, 2015 at 8:58 pm

    Down to earth no nonsensical! Good information!

  22. jamesleeburns-
    April 14, 2015 at 6:23 pm

    You started out cool. No wonder you succeeded. Good job!

  23. Quinton Moore-
    June 18, 2015 at 12:46 pm

    Hi Lisa,

    Your videos are awesome. I ran across a few of them on biggerpockets just
    last week. I am so inspired by you and I now know that I can do this as
    well. I look forward to watching your other videos and I am grateful that
    you are sharing your experience with is all.

    God Bless and take care.

  24. March 14, 2017 at 9:13 am

    Hi! I could havge sworn I’ve been to this web site before but after browsing through many of the posts I realized it’s new to me.
    Anyways, I’m definitely delighted I found it and I’ll be bookmarking it and checking back regularly!