143: Quitting a 6-Figure Job to Go Full-Time in Real Estate with Nick Baldo

On this episode of the BiggerPockets Podcast we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real estate investing dreams. Our guest, Nick Baldo, shares his story of starting with nothing and turning that into a sizable business that both flips and rents houses. Oh, and Nick isn’t even thirty yet! Don’t miss this informative episode of the BiggerPockets Podcast! In This Episode We Cover: How Nick got into real estate Where he is currently investing and the typical prices of houses in his area How he began flipping houses when he was just 23! Where he got his funding How he was able to do business with a private money lender Lessons learned from the first deals The importance of ARV analysis Why he took that first step despite the lack of knowledge The ins & outs of transitioning from flipping houses to house hacking How to handle real estate investing as a business How to scale your business by building systems The online tools he uses for managing his business How to use networking as marketing Where Nick’s business is today Tips for those who want to quit their jobs and become full time investors And SO much more! Links from the Show BP Podcast 142: 22 ½ ACTIONABLE Tips for Beginner Real Estate Investors With Josh and Brandon! Podio Asana Google Drive AppFolio Buildium QuickBooks BiggerPockets Keyword Alerts BiggerPockets Forums Books Mentioned in this Show FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani and Clay Davis The Millionaire Real Estate Investor by Gary Keller Think and Grow Rich by Napoleon Hill Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill Tweetable Topics: “There are always people with extra money not knowing what to do with it.” ( Tweet This! ) “It’s impossible to get started without your character.” ( Tweet This! ) “We did things as a business that had a 100 rentals would do it.” ( Tweet This! ) Connect with Nick Nick’s BiggerPockets Profile Nick’s Company Website Nick’s Blog Learn more about your ad choices. Visit megaphone.fm/adchoices