Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals—enough to achieve financial independence? On today’s episode of The BiggerPockets Podcast we sit down with Amy Arata, a real estate investor and former molecular geneticist who shares how she eventually turned a live-in flip into 40 rental units. Don’t miss Amy’s incredible “people boxes” advice—as it could change the direction of your real estate ambitions forever.

Click here to listen on iTunes.

Listen to the Podcast Here

Watch the Podcast Here

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This Show Sponsored By

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In This Episode We Cover:

  • How Amy got into real estate investing
  • A successful live-and-flip of their home
  • Lead-based paint issues
  • Going about tax deductions
  • Where they went wrong after their first successful deal
  • Their first rental property
  • How cash-out refinance works
  • How they pulled the trigger on the deal
  • Including property management as an expense
  • Getting a commercial mortgage
  • Amy’s deals and rental properties
  • Buying properties at auction
  • How Amy funds her deals
  • Amy’s criteria for finding properties
  • Amy’s average profit per deal
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “In real estate, the number tells the story.” (Tweet This!)
  • “Math overcomes fear.” (Tweet This!)
  • “The more you do something, the more comfortable you get with it.” (Tweet This!)
  • “When people find that you have integrity and you know what you’re doing, they seek you out.” (Tweet This!)

Connect with Amy





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Progress on N Hollywood flip #philly #phillyrealestate #flipper #buildinganempire ??️









Will WeWork completety disrupt traditional commercial real estate? #landlordlife

WeWork’s $20 Billion Dream: The Lavishly Funded Startup That Could Disrupt Commercial Real Estate

With over $4B in funding, WeWork is expanding aggressively at home and abroad and pursuing diverse investments that have raised eyebrows. But its real-estate-as-aservice offering and trove of data on optimal office design could make the company’s value prop far more than a marketing ploy.

727 Tulip Ave, Croydon, PA 19021 ~ Frank Buys Philly | Building Opportunities

New windows, electrical, plumbing, floors, kitchen, bath, heating, etc. all on a double lot. Awesome Cape located on a quiet street. Features bright and open kitchen with stainless steel appliances and gleaming hardwood floors. Situated on a huge private yard. Special Financing or Trade available to…


#buildinganempire

Financial Freedom in Less Than Five Years with Joel from FI 180 ~ Frank Buys Philly | Building Opportunities

Joel and his wife were barreling down the wrong financial path—saving nothing and spending more than $100,000 every year. A freak car accident changed the direction of their lives by causing them to re-evaluate what was truly important to them. In five short years, they went from a negative saving…




iStar announced Tuesday that Marcos Alvarado joined the firm as its chief investment officer. Alvarado will serve as a member of the senior executive team where he will oversee originations and growth across the company’s diversified $5 billion investment portfolio.



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Joel and his wife were barreling down the wrong financial path—saving nothing and spending more than $100,000 every year.

A freak car accident changed the direction of their lives by causing them to re-evaluate what was truly important to them. In five short years, they went from a negative savings rate to saving 85 percent of their income, allowing Joel to quit a job that was making him miserable.

They did this by making regular changes to their spending and cutting out the things that weren’t actually making them happy— alongside shedding poor investments they had previously accumulated and sticking to a strategy of simple, long-term index-fund investing.

This episode is for anyone who earns an upper-median income yet feels stuck and unable to get ahead. Joel will show you how to make the tough changes that will ultimately lead to more happiness, more freedom, and a stronger financial position.

Click here to listen on iTunes.

Listen to the Podcast Here

Watch the Podcast Here

Help Us Out!

Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds. Thanks! We really appreciate it!

Podcast Sponsor

Wunder CapitalI’m sure many of you have seen explosive growth in residential solar installations. Similar to residential, small and medium sized businesses want to go solar. However, financing for commercial solar isn’t available to businesses unless they have investment grade credit.

Today’s sponsor, Wunder Capital, is helping to solve that problem by financing solar for SMBs. Learn how you can begin earning up to 11% returns at wundercapital.com/bp.

In This Episode We Cover:

  • What Joel’s life was like before he focused on financial freedom
  • Having an expensive lifestyle as the norm
  • The logic behind high expenditures
  • Why the 180-degree shift to financial independence?
  • The first steps they took
  • The value of cooking good food
  • Cutting out unnecessary expenses while optimizing needs
  • Buying the worst mortgage property
  • Their crazy real estate investment experience
  • The tenant from hell
  • What they did to increase income
  • How Joel finally decided to quit his job
  • Their FI number
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Things get stressful when you have an unsustainable lifestyle.” (Tweet This!)
  • “The key to financial independence is to know what is your ‘enough’.” (Tweet This!)
  • “Money shouldn’t be the only deciding factor when deciding for a job.” (Tweet This!)
  • “Your worst case scenario is everybody else’s everyday life.” (Tweet This!)

Connect with Joel





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What ya think ? We are Gonna use this moving forward #branding #imdifferent #philly #phillyrealestate #wholesaler




Another Satisfied Homeowner! PENDING ~ We really LOVE this project – Stone & Aesthetics (They don’t make them like they used to) and happy to share with a new homeowner. All the best.

Keep on ~ keeping on #buildopportunities #buildinganempire

1623 Mayland St ~ Frank Buys Philly | Building Opportunities

Share This Property Retail FlipSingle Family – FlipSales Price | Appraised Value$125,000.00Location1623 E MAYLAND STPhiladelphiaPennsylvaniaUnited States19138Building Size1,360Square feetStatusFor Sale Maps1623 Mayland StBefore Pictures Request Property Information Your Name (required) Your Email (r…