836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet episode artwork

EPISODE · Oct 26, 2023 · 51 MIN

836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

from BiggerPockets Real Estate Podcast · host BiggerPockets

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just five years later, she’s financially free, owns over five hundred rentals, and works not because she has to but because she wants to. She’s scaled faster than almost anyone else we’ve interviewed, so tune in to hear her secrets! Let’s address the elephant in the room. Lindsey Duguet is actually Dr. Lindsey Duguet, a physician who was the first in her family to attend college. After being told “you can’t do that” more times than she could count, Lindsey made it her mission to prove everyone wrong on her road to success. She got into medical school, nailed residency, became a doctor, and then built a massive passive income rental portfolio on the side to free up family time. In this episode, Lindsey talks about what made her realize she couldn’t rely on a W2, why buying squatter-filled rentals for just $5,000 isn’t the best move to make, a MASSIVE BRRRR win that made her $300K (tax-free), and how to get “unstuck” when you feel like your real estate investing has hit a wall. In This Episode We Cover: How to build a massive real estate portfolio in five years (or less) Direct mail and other ways that Lindsey found killer off-market deals Why you should NEVER buy a house sight unseen (unless you do this) Real estate partnerships and how to use them to build an even bigger portfolio Creating passive income and why you CAN'T rely on your W2 forever Working full-time while running a real estate portfolio and how to start outsourcing tasks And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Build a Real Estate Portfolio & Quickly Scale Your Investments Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with Lindsey: Dr. Lindsey's Facebook Dr. Lindsey's Instagram Dr. Lindsey's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-836 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just five years later, she’s financially free, owns over five hundred rentals, and works not because she has to but because she wants to. She’s scaled faster than almost anyone else we’ve interviewed, so tune in to hear her secrets! Let’s address the elephant in the room. Lindsey Duguet is actually Dr. Lindsey Duguet, a physician who was the first in her family to attend college. After being told “you can’t do that” more times than she could count, Lindsey made it her mission to prove everyone wrong on her road to success. She got into medical school, nailed residency, became a doctor, and then built a massive passive income rental portfolio on the side to free up family time. In this episode, Lindsey talks about what made her realize she couldn’t rely on a W2, why buying squatter-filled rentals for just $5,000 isn’t the best move to make, a MASSIVE BRRRR win that made her $300K (tax-free), and how to get “unstuck” when you feel like your real estate investing has hit a wall. In This Episode We Cover: How to build a massive real estate portfolio in five years (or less) Direct mail and other ways that Lindsey found killer off-market deals Why you should NEVER buy a house sight unseen (unless you do this) Real estate partnerships and how to use them to build an even bigger portfolio Creating passive income and why you CAN'T rely on your W2 forever Working full-time while running a real estate portfolio and how to start outsourcing tasks And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Build a Real Estate Portfolio & Quickly Scale Your Investments Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with Lindsey: Dr. Lindsey's Facebook Dr. Lindsey's Instagram Dr. Lindsey's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-836 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

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836: Financial Freedom in 5 Years and Making $300K on ONE Property w/Dr. Lindsey Duguet

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How long is this episode of BiggerPockets Real Estate Podcast?

This episode is 51 minutes long.

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This episode was published on October 26, 2023.

What is this episode about?

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just...

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