Today’s guest, Alicia Marks, started real estate investing unintentionally in 2011 when she became an accidental landlord. It wasn’t until eight years later, in late 2019, that she decided to intentionally invest in hopes of reaching her financial goals faster. Since then she has closed on five doors, has done one live in flip, and has six more under contract.
Besides being a part-time investor, Alicia is also the BiggerPockets Community Manager. This direct connection to the BiggerPockets community has allowed Alicia to get more exposure to the world of real estate investing while also knowing first-hand how useful all the BiggerPockets tools can be. Alicia even found her partner through BiggerPockets! They started with only one deal to test the waters and had a very clear exit strategy in case it didn’t work out. Thankfully they discovered the partnership worked well for both of them, but if it hadn’t, Alicia would have been perfectly fine because of the exit strategy she put in place.
After some major life changes, Alicia thought she’d pursue a dental career until she realized the people in the dental field were trying to get out and pursue real estate. It was then that she decided instead of accruing massive debt in hopes of reaching financial freedom, she’d return to real estate after an eight-year hiatus and begin her financial freedom journey right away!
Ashley:
This is Real Estate Rookie, Episode 185.
Alicia:
I could spend $300,000 to go to school, or I can work your exit strategy today from a beach. Let me decide. I think it was then when I fully committed to initially it was going to be some passive income to help while I was in dental school, but then it just became my exit strategy in general. What I did was I took that exit strategy and just moved it to be my primary focus instead.
Ashley:
My name is Ashley Kehr and I’m here with my co-host, Tony Robinson.
Tony:
Welcome to the Real Estate Rookie Podcast, where every week,…
