{"id":1540,"date":"2018-03-15T15:28:34","date_gmt":"2018-03-15T15:28:34","guid":{"rendered":"https:\/\/frankbuysphilly.com\/turning-your-primary-residence-into-40-units-financial-independence-with-amy-arata\/"},"modified":"2018-03-15T15:28:34","modified_gmt":"2018-03-15T15:28:34","slug":"turning-your-primary-residence-into-40-units-financial-independence-with-amy-arata","status":"publish","type":"post","link":"https:\/\/frankbuysphilly.com\/turning-your-primary-residence-into-40-units-financial-independence-with-amy-arata\/","title":{"rendered":"Turning Your Primary Residence Into 40 Units &#038; Financial Independence with Amy Arata"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"articleBody\">\n<p><span style=\"font-weight: 400;\">Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals\u2014enough to achieve financial independence? On today\u2019s episode of <a href=\"https:\/\/www.biggerpockets.com\/podcast\">The BiggerPockets Podcast<\/a>\u00a0we sit down with <strong>Amy Arata<\/strong>, a real estate investor and former molecular geneticist who shares how she eventually turned a live-in flip into 40 rental units. Don\u2019t miss Amy\u2019s incredible \u201cpeople boxes\u201d advice\u2014as it could change the direction of your real estate ambitions forever. <\/span><\/p>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p class=\"powerpress_links powerpress_links_mp3\">Podcast: <a href=\"http:\/\/traffic.libsyn.com\/bpradio\/bpp-270.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/www.biggerpockets.com\/renewsblog\/?powerpress_pinw=97429-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/traffic.libsyn.com\/bpradio\/bpp-270.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"bpp-270.mp3\">Download<\/a><\/p>\n<p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649?mt=2&amp;ls=1#episodeGuid=https%3A%2F%2Fwww.biggerpockets.com%2Frenewsblog%2F%3Fp%3D97429\" class=\"powerpress_link_subscribe powerpress_link_subscribe_itunes\" title=\"Subscribe on Apple Podcasts\" rel=\"nofollow\">Apple Podcasts<\/a> | <a href=\"https:\/\/subscribeonandroid.com\/www.biggerpockets.com\/renewsblog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_android\" title=\"Subscribe on Android\" rel=\"nofollow\">Android<\/a> | <\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/413893848&amp;color=%23ff5500&amp;inverse=false&amp;auto_play=false&amp;show_user=true\" width=\"100%\" height=\"20\" frameborder=\"no\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" type=\"text\/html\" width=\"702\" height=\"425\" src=\"https:\/\/www.youtube.com\/embed\/C-tUyt4ux3I?version=3&amp;rel=1&amp;fs=1&amp;autohide=2&amp;showsearch=0&amp;showinfo=1&amp;iv_load_policy=1&amp;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\"><\/iframe><\/span><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-77567 alignright\" src=\"https:\/\/www.biggerpockets.com\/renewsblog\/wp-content\/uploads\/2016\/03\/simplisafe.png\" alt=\"simplisafe\" width=\"271\" height=\"58\"\/>Check out <strong>SimpliSafe<\/strong> Security\u2019s DIY home security systems; an affordable, wireless, cellular, and customizable system that doesn\u2019t require a contract!<\/p>\n<p>Try it today with a discount:\u00a0<a href=\"http:\/\/simplisafepockets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">simplisafepockets.com<\/a><\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>How Amy got into <strong>real estate investing<\/strong><\/li>\n<li>A successful <strong>live-and-flip<\/strong> of their home<\/li>\n<li><strong>Lead-based paint<\/strong> issues<\/li>\n<li>Going about <strong>tax deductions<\/strong><\/li>\n<li><strong>Where they went wrong<\/strong> after their first successful deal<\/li>\n<li>Their first <strong>rental property<\/strong><\/li>\n<li>How <strong>cash-out refinance<\/strong> works<\/li>\n<li>How they pulled the trigger on <strong>the deal<\/strong><\/li>\n<li>Including <strong>property management<\/strong> as an expense<\/li>\n<li>Getting a <strong>commercial mortgage<\/strong><\/li>\n<li>Amy\u2019s <strong>deals and rental properties<\/strong><\/li>\n<li>Buying properties at\u00a0<strong>auction<\/strong><\/li>\n<li>How Amy <strong>funds<\/strong> her deals<\/li>\n<li>Amy\u2019s criteria for <strong>finding properties<\/strong><\/li>\n<li>Amy\u2019s <strong>average profit<\/strong> per deal<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<h2>Books Mentioned in this Show<\/h2>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>\u201cIn real estate, the number tells the story.\u201d <a href=\"https:\/\/twitter.com\/home?status=%22In%20real%20estate,%20the%20number%20tells%20the%20story.%22%20BP%20Podcast%20270%20biggerpockets.com\/show270%20%40biggerpockets%20%0A\" target=\"_blank\" rel=\"noopener\">(Tweet This!)<\/a><\/li>\n<li>\u201cMath overcomes fear.\u201d <a href=\"https:\/\/twitter.com\/home?status=%22Math%20overcomes%20fear.%22%20BP%20Podcast%20270%20biggerpockets.com\/show270%20%40biggerpockets%20%0A\" target=\"_blank\" rel=\"noopener\">(Tweet This!)<\/a><\/li>\n<li>\u201cThe more you do something, the more comfortable you get with it.\u201d <a href=\"https:\/\/twitter.com\/home?status=%22The%20more%20you%20do%20something,%20the%20more%20comfortable%20you%20get%20with%20it.%22%20BP%20Podcast%20270%20biggerpockets.com\/show270%20%40biggerpockets%20%0A\" target=\"_blank\" rel=\"noopener\">(Tweet This!)<\/a><\/li>\n<li>\u201cWhen people find that you have integrity and you know what you\u2019re doing, they seek you out.\u201d <a href=\"https:\/\/twitter.com\/home?status=%22When%20people%20find%20that%20you%20have%20integrity%20and%20you%20know%20what%20you're%20doing,%20they%20seek%20you%20out.%22%20BP%20Podcast%20270%20biggerpockets.com\/show270%20%40biggerpockets%20%0A\" target=\"_blank\" rel=\"noopener\">(Tweet This!)<\/a><\/li>\n<\/ul>\n<h2>Connect with Amy<\/h2>\n<\/div>\n<p><script async src=\"http:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script>\n    !function(f,b,e,v,n,t,s)\n    {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n      n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n      if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n      n.queue=[];t=b.createElement(e);t.async=!0;\n      t.src=v;s=b.getElementsByTagName(e)[0];\n      s.parentNode.insertBefore(t,s)}(window,document,'script',\n      'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n    fbq('init', '1030393550311340');\n    fbq('track', 'PageView');\n  <\/script><script>(function(d, s, id) {\n  var js, fjs = d.getElementsByTagName(s)[0];\n  if (d.getElementById(id)) return;\n  js = d.createElement(s); js.id = id;\n  js.src = \"http:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&version=v2.8&appId=266643395017\";\n  fjs.parentNode.insertBefore(js, fjs);\n}(document, 'script', 'facebook-jssdk'));<\/script><script>(function(d, s, id) {\n  var js, fjs = d.getElementsByTagName(s)[0];\n  if (d.getElementById(id)) return;\n  js = d.createElement(s); js.id = id;\n  js.src = \"http:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&appId=266643395017&version=v2.0\";\n  fjs.parentNode.insertBefore(js, fjs);\n}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/renewsblog\/biggerpockets-podcast-270-turning-your-primary-residence-into-40-units-and-financial-independence\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals\u2014enough to achieve financial independence? On today\u2019s episode of The BiggerPockets Podcast\u00a0we sit down with Amy Arata, a real estate investor and former molecular geneticist who shares how she eventually turned a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1541,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,1],"tags":[],"_links":{"self":[{"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/posts\/1540"}],"collection":[{"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/comments?post=1540"}],"version-history":[{"count":0,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/posts\/1540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/media\/1541"}],"wp:attachment":[{"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/media?parent=1540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/categories?post=1540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frankbuysphilly.com\/wp-json\/wp\/v2\/tags?post=1540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}