BP Money: Kickstart Your FI Plans Through Live In Flipping

[Mindy Jensen]

I was born in a small town in Southern Illinois. And then I moved. About 27 times, which makes moving a non-issue to me.

I bought my first condo in 1998, and very little remodeling increased the value 50%! Pocketing all that cash - and sharing ZERO with Uncle Sam - made me want to do this again. (And again, and again, and again.)

Hear how I parlayed this investment model into early Financial Independence on Episode 5 of BiggerPockets Money . 

[Greg Parker]

Good info.  Hard to beat tax free money.  My wife and I have done about 10 live-in renovations/new construction over a 20 year period.  The first thing we always do is get 1 bathroom completely finished, then you can sleep on a blow-up mattress and eat pizza till the kitchen is ready.  Our friends and family used to think we were crazy.  But, now we have 4 properties paid for and all of those people are still in the same old house complaining about mortgage payments.  It is a slow process, but well worth the trouble.