Chris and Ksenia Kim had always wanted to own rental properties, but planning for a family and reaching a breaking point with work travel got them to finally take action. They started with a simple property that fell within their budget, but within a few months, it had turned into something much more: the catalyst for quitting their full-time jobs!
Welcome back to the Real Estate Rookie podcast! Chris and Ksenia were new parents with demanding careers and a goal that felt many years away. But just four years later, they've both left their W-2 jobs and now run 17 short-term rentals together.
How did they do it? In this episode, they share how buying one small property and “accidentally” pivoting to Airbnb spawned an entire real estate portfolio. You’ll hear how they quadrupled their cash flow on one property, used their home equity to fund additional properties, and pinned down the right real estate market and investing strategy for their long-term goals!
If you're struggling to take that first step into real estate investing or are unsure how to scale, Chris and Ksenia’s story is filled with lessons (and answers) to help you through!
In This Episode We Cover
The “repeatable” rental strategy that helped this couple leave their W-2 jobs
Going from zero to nine rental properties (and counting) in just four years
The “accidental” pivot that helped Chris and Ksenia build an entire rental portfolio
How to multiply your cash flow on the same rental property
Funding your next rental property using your existing home equity
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-755.
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