From a $35K Salary to Owning 3 Rentals (Starting in 2024!)

Henry:
From a $35,000 a year salary to owning three investment properties in just two years. That’s investor flow, Jacques’s story, and it started with a simple decision at age 22 to buy a home instead of renting. Most people wait for the perfect time flow. Did not wait at all. Fresh out of college, working as a college admissions counselor, Flo had saved $15,000 and instead of letting it sit in the bank, she used it to buy her first home in North Carolina. That purchase wasn’t her end game, it was just the beginning. Over the next few years, Flo educated herself about investing and networked relentlessly. When she finally felt ready, she jumped in with a full gut rehab on a roach infested property in a flood zone. That first deal tested everything. Almost everything that could go wrong did go wrong, but Flo didn’t quit. She didn’t even slow down. She adapted, problem solved, and a month later she bought a duplex, then another property shortly after that. Today Flo is building a portfolio focused on multifamily properties and has her sites set on real estate development. This episode isn’t about waiting for the perfect moment or having a six figure income. It’s about taking action with what you have, learning fast, and refusing to settle for 40 years of a typical nine to five career.
What’s going on everybody? Welcome back to the BiggerPockets podcast. I’m Henry Washington. I’ve been investing in real estate in Arkansas and Missouri since 2017, and my co-host Dave Meyer, is here with me. It’s still weird saying that my co-host Dave Meyer, is here with me. What’s up, Dave? I love it. You have to do all the reading. I just get to see here. This is the best. Today’s guest is Flo Jacques, an investor from North Carolina who went from a $35,000 a year job to managing and growing a rental property portfolio in just a few years. Flo story is all about taking action fast, so let’s jump right in. Flo, welcome to the show.

Flo:
I’m so psyched to be here.

Henry:
That’s awesome. I’m glad you were here. Sounds like you’ve got a pretty interesting story. So why don’t you start and tell us about your background and what you were doing just before you got into real estate?

Flo:
Just before I got into real estate, I was actually a college admissions counselor, so I was blessed and fortunate to purchase my first home at 22 years old.

Henry:
Oh, wow.

Flo:
I remember being in my senior semester, my last semester of college, and I had a good bit of money that I had saved from working multiple jobs and something clicked and it was like I wonder if I could buy instead of rent, and I remember at that period in time, I was also considering renovating homes. I wanted to flip homes, build wealth through real estate.

Henry:
What year was this?

Flo:
This was actually 2021.

Henry:
Okay, so you were curious about investing, curious about doing renovations, so how long was it between when you purchased home to live in to when you actually decided to buy a investment property?

Flo:
It was another three years.

Henry:
Oh wow. Oh

Flo:
Wow. Yeah, and honestly during that time period I was figuring it out,

Henry:
You were 22.

Flo:
Fair enough. You don’t need an excuse

Dave:
To take three years to buy a property.

Flo:
Well, somebody told me you should probably get your real estate license, start there, and so I said, okay, sure. I’ll start with my getting that, learn the ropes of the business and stuff and then build the funds to be able to buy because college admissions education just doesn’t really pay. We know

Henry:
That you weren’t making $700,000 a year in college admission.

Flo:
Actually, I purchased my first home on a $35,000 annual salary. Wow, good for you. Yeah. During that period, after I became licensed, I joined organizations, started building relationships with other professionals in the real estate industry, and through that I also was attending some sessions that were investor focused and I knew I wanted to build a portfolio and not work till the day I die

Speaker 4:
Like that.

Flo:
It was like some spaces I was in was giving me the information, but 2024 was really when I was having some dreams that I was buying investment properties.

Henry:
Oh man. When you start having real estate dreams, that’s how you know you’re in

Dave:
My real estate. Dreams are never happy dreams.

Henry:
No, mine aren’t either. Mine aren’t either.

Dave:
Mine are always scary dreams. I have this recurring dream that I forgot about a property

Henry:
All the time. I have it.

Dave:
Someone calls me and they’re like, oh, there’s a rental that you haven’t been to in three years. I have that recurring dream and I wake up terrified every time.

Flo:
Oh my God.

Dave:
It sounds like yours were more positive flow at least.

Flo:
Yeah, at that time. They were at that time. At that time, it became very clear to me that I was being called to make a move and a month later I purchased my first rehab.

Henry:
That’s super cool. I feel like a lot of people are probably resonating with this story where it’s like education, education. When do I jump off the cliff and what does that look like? So you bought your first deal. How did you find this deal?

Flo:
It was on the MLS. I mean, I’m a realtor, so I’m not opposed to the MLS. I know people here, off market, off market, but the thing is just like off market, you can negotiate

Henry:
Too. You can just make offers.

Flo:
Make offers. Exactly.

Henry:
You can just do stuff. It’s pretty cool.

Flo:
Yeah, I mean, yes, the sellers are off delusional and yes, you are dealing with a realtor in the way of that, but yeah, so the funny thing is I had an investor client at that time who I was helping her purchase some investment properties and she targeted cheap rehabs and the outer skirts of the Raleigh Durham area, like Rocky Mountain, North Carolina, Henderson, those areas. She was interested about this property and another, so I called the listing agent and the listing agent said, yeah, we just listed 19 of them. So he had an investor who was in his seventies letting go of his portfolio, and so I said, oh, where can I find the list of these properties so I can send it to my client? At that time, I wasn’t even thinking for myself. I was just like, yeah, I want to send these to her. She wants to browse through and make a decision on maybe a package deal, and so I sent her the options and I thought flow make an offer on one or two of these too, and I was like, oh, okay. I like

Henry:
How you have a whole conversation with yourself in your head,

Flo:
Literally, and so when I sent her the list, I said, okay, whatever she doesn’t offer on, I will offer on one or two of these. I had already selected. So I submitted her package for three properties and then I submitted on two. That’s how I found that first deal on the MLS package deal. Same thing with another client I jumped into.

Dave:
And what did you like about these deals? What was different about these than everything else out there on the MLS?

Flo:
Well, number one it was 90,000, 60,000, the price, so you can afford it

Henry:
The price. Got it. Yeah,

Flo:
Exactly. So if you’ve ever heard of Rocky Mountain, North Carolina, people call that area murder city. I don’t want to say it’s a dead town, but it’s a very large renter population, but a lot of investors targeted because real estate is cheap there. What really stood out to me was getting a single family home for under a hundred thousand

Dave:
And what was the rehab budget for this?

Flo:
Yeah, so the rehab budget for this, we originally had it for 75,000.

Henry:
So you paid 90, is that what you said or

Flo:
So we went under contract for 90, but we actually ended up closing it at 70,000 because I found out that it was in a flood zone, which the listing agent did not disclose, and I was ballsy enough to still move forward with it. So my first property was in a flood zone. I didn’t do my due diligence, nor was it disclosed, and that’s a material fact that was supposed to be for sure disclosed.

Henry:
So you bought the single family home, you’re working on the renovation. You said you did go a little bit over budget. This was a fix and flip, or were you planning to keep this one as a rental

Flo:
Keep because my whole goal was to build a portfolio, so my mindset was buy and hold burr method.

Henry:
So you’re working on this project and a renovation, and then I’d like to know what happens next, but we’ll talk about that when we come back As a real estate investor, the last thing I want to do or have time for is to play accountant, banker and debt collector, but that’s what I was doing every weekend, flipping between a bunch of banking apps, bank statements and receipts, trying to sort it all out by property and figure who’s late on rent. Then I found baseline and it takes all that off my plate. It’s BiggerPockets official banking platform that automatically sorts my transactions, matches receipts, and collects rent for every property. My tax prep is done, my weekends are mine again, plus I’m saving a ton of money on banking fees and apps that I don’t need anymore. Get a $100 bonus when you sign up [email protected] slash bp BiggerPockets Pro members also get a free upgrade to Baseline Smart that’s packed with advanced automations and features to save even more time. Alright, we’re back on the BiggerPockets podcast with Flo Jacques and we’re talking about her first investment property and transitioning to her second. So what was next?

Flo:
So I closed on that. I knew that the rehab budget was assigned that was being worked on, and then I had another burst of this duplex downtown Durham. I’d love to have it, and so I’m like, I have the funds I can take on another project

Henry:
That couldn’t have been $90,000 that downtown Durham Duplex.

Flo:
No, not at all. I saw it, prayed about it and I took a minute. I took a couple days and then everything started feeling right and so I went and put it offer on it. That one was, I closed it at 287,000.

Dave:
Oh, whoa. That’s way cheaper than I thought you were going to say. Where were you getting the money from at this point? Were you working in admissions or were you making money as an agent?

Flo:
I was doing both. I was a college admissions counselor up until early 2025 as well as I did real estate. I wasn’t the top producer agent killing it with deals really, but my mortgage on my first home was like $700 a month, so I saved, I mean just like at 21 I decided to buy a house. It’s because I had 15 K saved. I’ve just been a saver.

Henry:
I think that that’s just a good habit to have. The fact that you’re a saver, it helps you to be prepared when opportunities arise and it sounds like you have no problem capitalizing on opportunities when they arise, but still you had a job, you had to scrounge up the money in order to save up. So what did the financing look like both on the first one and then on the duplex? Was these conventional loans? Were they

Flo:
Construction loans? What I did was hard money. All of my deals actually so far have been hard money, and so from a lot of communication asking who people know, who do you recommend? I landed with this lender, this hard money lender, and their terms were great, a hundred percent financing of the purchase and rehab

Speaker 4:
Up

Flo:
To 75% of the a rv, and so I was like, oh, so you’ll fund the rehab and the purchase a hundred percent so long as it meets the 75% or 70% formula. Perfect. So once I found that lender, all I had to do was pay origination fees, closing costs, that sort of stuff. So that’s really what empowered me to do that multifamily a month after closing on the first one because so long as you have liquid cash, you’re like, I could do two at the same time. They’re taking care of the purchase and rehab.

Dave:
Well, I love the way that you’re approaching this. I am sure there are people listening to this who want to do the exact same thing, get a hundred percent financing on a duplex or reno. How did you approach lenders with, no offense, you didn’t have any either, so how did you get people to lend to you for these deals?

Flo:
I think this lender is a gem, to be honest, because they don’t have a experience requirement actually. Interesting, but most other lenders did in order to lend to you at a hundred percent they need you to show five deals or something like that. They have a loyalty program though. Your first three deals you pay, it’s like 12.99%, 2.99% origination fee or something like that after your first three deals with them, then it goes down to 10.99% interest rate and 1.99 origination fee.

Dave:
Good for you for finding that. Honestly, just doing that little bit of legwork sounds like enabled you to really start your portfolio quickly.

Flo:
Exactly. Yeah. I just needed the financing and then I was ready to go.

Henry:
Yeah, I have a very similar situation. I found a lender when I first got started that was basically telling me how they could fund all my deals without me having to spend a ton of money, and so the goal became to figure out how to go bring in more deals so that I could get them financed. And so I understand going shopping like, Hey, I got a checkbook. I’m going to go shopping. But with hard money, it’s a short-term loan. And you said these were rental properties, so I’m assuming you had to refinance out of this short-term loan at some point?

Flo:
Correct. The duplex finished first, which was funny, even though I bought it second, it finished first. That was also a six figure rehab too. That was supposed to be 65. I think it came out to like 130,000 or something. Oh wow. I mean, that’s

Dave:
A mess. That one’s a miss. That’s okay. It happens.

Flo:
Yeah, maybe it was slightly under granted. I did account for, I had to furnish it because that one, I made it into an Airbnb midterm

Dave:
Rental. How are you managing this? You were working, you said you didn’t even have that much time necessarily to be an agent. Then you’re managing two construction projects at the same time. How were you going about that?

Flo:
So I actually had contractors doing the work, and so I will be honest, I was not visiting those properties, which was a mistake I made when I look back weeks going by, not paying attention, just trusting ’em, like just send me pictures, that sort of stuff. So whenever I could, I would, but I really wasn’t. So yeah, I mean I went forward with just having them pay for materials and labor and so all I’m doing is wiring or whatever the costs.

Henry:
So this, I assume it was a general contractor, they brought in all their own subs?

Flo:
Correct.

Henry:
They were sending you pictures communicating each week, and you were just wiring money saying, oh yeah, that’s great.

Flo:
Yeah, pretty much.

Henry:
So when, okay, on the first one, went slightly over budget on the second one, but with the overages, were you able to go ahead and pull off the refinance?

Flo:
Yes, I was able to pull off both refinances. I will say that these stories are, this is a little wonky for the first property. I had a contractor, he was licensed and everything, really sweet guy. He didn’t have the crew to handle that scope. We had to rehab the entire foundation. That was literally full gut. We tore down the foundation, rebuilt it, that was rebuilt. Every single thing in that house, like roach infested and everything, he didn’t have the scope to do that level of work. I ended up firing him and having the guy that was doing my duplex to kind of step in. Then things went off with him where he was a greedy and was insane with his prices. So I got rid of him. And then the third contractors who really finished that job, they weren’t licensed, but they worked under licensed people, had their subs and whatnot. So that’s for that first house in the flood zone.

Henry:
Before we move on to talking about what came next for you, given the situation with these contractors and given the situation with how you found these properties and the size of renovations you took on, what advice do you have for people who are maybe considering buying a property in that same price point that have a heavy renovation? I think people often forget that yes, you can buy cheap houses, but a lot of the times they’re tied to large renovations and it’s not necessarily a bad thing, but it sounds like you learned a lot of lessons. So what did you learn or what would you do different if you were brand new? Again, looking at properties like this,

Flo:
I would definitely structure the deal a lot more conservatively than I did because I structured it initially at 75% and in a market where homes are dirt cheap, a highly renter market, which meant there were a lack of sales and comps to justify this new completely renovated home to be 230,000, which is what it appraised to be. But because there were some challenges with comps, when I went to refinance, the underwriter asked, Hey, can you tell me why you use these comps instead of this? Even though the appraiser was like, well, this is pretty much new construction. You didn’t have to replace the roof or the exterior, but you did everything brand new inside new electrical, new everything. And so that question ended up bringing the appraisal price down 26,000. So that’s the lesson that I learned there. Structure deals more conservatively, especially if you’re targeting those cheaper housing markets.

Dave:
Those are great lessons. Thank you. Flow and lessons we unfortunately all sometimes have to figure out. But now that you’re now a year and a half or so into this, where did these two rental properties net you at the end of the day after you refinancing? Are they cash flowing for you? How are they performing?

Flo:
Yes, they’re doing pretty good. So for that first one, we had that one rented out to a group home tenant. There’s a lot of interest for some reason in that market for group homes. I had that rented out for 1595. So yeah, I was cash flowing very, I’m telling you that that flood zone insurance is really eating into it, but I was just happy that the mortgage was being covered and sometimes that’s all you can be happy with. As far as the duplex, both are Airbnb on VRBO, furnish finder, that sort of stuff. So yeah, they’ve been, that one’s cash flowing between 800 to a thousand per month.

Dave:
Wow. On a $200,000 purchase, right?

Flo:
Yeah. 202 80 seven’s. Yes. That one appraised for 4 62 5. Oh, nice. That one turned out pretty well that that’s a lesson I learned for targeting slightly more expensive markets because then they have more crops.

Dave:
When you did the refi, just for that example on the duplex, you built a ton of equity. That’s awesome. When you did the refi, did you pull cash out to use for your next deal like a burr or did you keep cash in to preserve your cashflow?

Flo:
So I actually did pull cash out of that one. I actually pulled cash out of the other one too. Like 2000 was like 2000, to be honest. I was like, I mean, I know this is something very real out there. I was also drowning in the losses of these going over budget, so I needed cash out to recover a little bit. Yeah,

Dave:
There’s no right answer. I’m just curious because I think people say you can’t do a burr, but clearly you created a deal that you could pull substantial amounts of cash out of. It’s up to you whether you want to keep money in that improves your cashflow because you’re borrowing less money, but then you have to save up to buy your next deal. So I think it sounds like you’re only at the beginning of your career here, so pulling money out and focusing on a next acquisition, doing more per kind of deals where you can build equity, makes sense to me that you would prioritize that over cashflow right now.

Flo:
Right, exactly. So yeah, that one turned out well.

Henry:
Flow. It sounds like you became a real life real estate investor. You went through the ropes of buying cheap property, you went through the ropes of a hundred thousand dollars renovation. You went through the ropes of contractors not doing what you wanted them to do, spending too much of your money. I mean, you got put through the wringer, but at the end of the day you have a couple of properties. So I’d love to transition and talk to you about what you did next, but I’d like to do that right after this break. Alright, we are back again with Flo Jacques talking about how she has been through the real estate investment ringer, but has come out clean on the other side. So Flo, after these two deals, so you’ve bought a single family and now a duplex first, do you still own the single family?

Flo:
I still own both, yes.

Henry:
Okay. Okay. So you still own the properties and have you purchased anything else since then?

Flo:
Yes. So right before the year ended, December 1st, 2025, I closed on a single family half acre lot in Raleigh, North Carolina.

Henry:
I love Raleigh. Okay, and is this a home you’re going to live in? Is this a rental? Is it a flip? Tell us about it.

Flo:
So actually I decided I wanted this one to be a flip, although in my mind initially when I started this journey, I thought I would just bur the rest of my life, bur my life literally. But I’m like, you know what? I could use some extra capital right now, especially after those two rehabs, honestly. So this one I actually found off market. That’s my first off market deal.

Henry:
Off market. So tell us about that. How did it come to pass?

Flo:
I attended a private money lending conference back in October after BP Con, so I was at BP Con and I flew back from Vegas on a red eye and literally headed to Atlantic Beach, North Carolina for this private money lending conference. And that kind of reignited this like, okay flow, get back on the saddle. And so I think a month after that conference I landed this deal, I found investor lift that off market platform wholesalers are on there, and so I was just browsing and working out the deals. You still got to do your own calculations because those people are liars. Yes. That one, it seems like a lot of investors were passing on it because the ceiling doesn’t meet code, it’s under seven feet and Raleigh requires a minimum of seven feet. And so to me the strategy is when others are not buying it, that’s your opportunity to negotiate and win it.

Henry:
That’s absolutely true. I think everybody should have a buy box and should have some sort of deal breaker and it’s different for every person and it’s different in every market. I’ve heard people like Laika who’s on this show frequently who said she will never buy a property to flip that’s on a double yellow line road because the houses on busy roads don’t sell. I flip those houses all the time. It’s different in different markets, but I pay a lot less for them because I underwrite them extremely conservatively. So everything that you need to fix on a house, no matter how catastrophic is just a dollar amount,

Speaker 4:
And

Henry:
So it tells you how much you needed to pay in order to fix the problem. So I’m assuming that’s the lens you were looking through. Can I fix this problem if I get it cheap enough?

Flo:
Correct. Exactly.

Henry:
So how’d you do it?

Flo:
Yeah, so this time I was much better. At this point, I’m a full-time real estate professional. I no

Henry:
Longer work You as well get your contractor’s license now.

Flo:
Exactly. Well, I’ve thought about that or I have really thought about that, but yeah, now that I’m a fully full-time real estate professional, I don’t work that job anymore and so I have more time to take my time and do my due diligence. So I invited the contractor, walked it through with him, he gave me a budget and so hopefully he doesn’t listen to this episode, but the budget I tell the contractor is very different than what I actually borrow from the lender.

Henry:
That’s just called being a smart investor dear.

Flo:
Especially after the lessons I learned right, going over budget and stuff. So once I was clear on how much he was going to do it for, I budgeted for contingencies a very good bit, also paying myself. I also started budgeting to pay myself for my time and energy for these projects, and so I worked backwards from there. If this is the rehab budget, I actually structured it at 65% a RV for this one. So I purchased it for one 20 and the R VNA is 3 37 and that is actually a conservative appraisal.

Henry:
That’s a stellar deal. That’s almost a six figure net profit.

Flo:
Yes, that’s correct.

Henry:
That’s a stellar deal. So did you have to pop the top and raise the roof?

Flo:
You’re doing that? We’re literally doing that right now. I’ve been back and forth on the phone with the power company, turn the meter off, install a temporary meter pole. We are actively working on this right now. We are actually a little two months behind the ball thanks to that contractor who I really wanted to fire, but I’m like, you know what? I’ve worked with him.

Henry:
So just to be clear, it had lower than seven foot ceilings, and so for you to be able to sell this property, you’ve got to get to at least seven foot ceilings on your renovation. So you’re raising the ceiling height but all the same level. You’re not adding a second story to the living

Dave:
Space, literally raising the roof.

Henry:
Literally

Dave:
Raising your roof. I love it. Yes. All right. So Flo, we’re 18 months into your investing career flow. Can you just summarize what your portfolio looks like today?

Flo:
Yeah, so currently I do include my primary home because I bought it to be an investment property three months after, but that didn’t work out. I’m still here, but I am very proud of it because it’s hard to find a home in North Carolina. It’s one of the more expensive places to live in North Carolina. So I consider this condo as well as the single family in Rocky Mount, the duplex in Durham and this single family half acre lot in Raleigh. So that is my portfolio, two years from 2024 to date.

Dave:
Nice. Good for you. I mean it’s a really well diversified first couple of deals, right? You’ve done a little bit of everything, but it sounds like the goal is still long-term cashflow. Maybe you do some flips opportunistically, but still want to be a buy and hold kind of investor.

Flo:
Yes. My goal is to continue to build the portfolio. I haven’t exactly figured out my freedom number. I think maybe when I figure that out, I’ll know exactly how many properties I want to have. But I will tell you this though, my life as a licensed real estate broker investor, the goal is to eventually develop.

Dave:
I love that goal. That’s awesome. What about development appeals to you? Because I’m terrified of it,

Flo:
So I want to be a developer because I want to build communities. I spoke to somebody this morning about her son is special needs. She wants to build a community for special needs families, just thinking about providing solutions to communities and things like that. So I don’t have it all figured out, but I do know I want to build.

Henry:
Alright, flow. Well, this is an incredible story. Before we get out of here, is there anything you want to share with us? Maybe something that real estate allows you to be able to do now?

Flo:
Yeah, I think my life is full circle, right? I got my background, my education, social studies, teaching license, my master’s in school counseling. So this kind of education thing that I thought I did just to not ever actually do is now fully present in my real estate investing career where I help other people get the information I was desperately seeking when I wanted this information. So I’ve been teaching real estate investing classes just free, just inviting people and that sort of stuff. So it’s been phenomenal just bringing that to the community.

Henry:
I love that. I love that you’re now able to provide help to your community through your experiences and that’s something that real estate allows us to do because when we have something that we know is going to bring us income, then it allows us to be able to focus on things. Especially like people who want to start businesses first couple of years in business is hard. You may not make money, and so being able to lean on your real estate and start a business or start a passion project or a nonprofit is super cool. So I’m glad you’re able to give back to your community.

Dave:
Totally. And I just love that it’s kind of like an intersection marrying two different parts of your life for you teaching and real estate. You found a way to incorporate both of those. I’ve done that. I know Henry’s done that as well. It’s really cool that you don’t just have to be a real estate investor. There are ways that you can use this industry to pursue things that you really like as well. It’s awesome to hear that you’re doing that flow so early in your real estate investing career. Congratulations.

Flo:
Thank you. Thank you.

Henry:
Alright, well we’ll have to have you back so you can tell us all about the flow estates after you get finished developing those, and then I’m sure you’ll be teaching people how to be a real estate developer.

Flo:
Yeah, well, we’ll see. Never know, right?

Henry:
Alright, I think that was fun. That was a cool story to listen to. I think we often hear the opposite from people where it’s, I just researched for years and then

Dave:
I

Henry:
Finally took some action and flow was like, I’m just going to go buy

Dave:
Something. No, I’m dive it in

Henry:
Right down. I’m just going to buy something.

Dave:
I love it. It’s a great approach and I think it shows that creativity and just determination still net good deals. In 2024, she started in a difficult time, 2024 is maybe the hardest market in the last seven or eight years, and she just went for it, found great deals, educated herself and pulled it off.

Henry:
And think about the confidence she now has because if you were able to successfully invest in 2024 and 2025, whether you got beat up along the way or not, she’s still here now talking about deals that are positive. In a lot of ways, that breeds a lot of confidence as the market shifts to a more favorable real estate market. You got to be feeling good.

Dave:
I hope everyone listening listens to flow story and realize that deals still can be done. This is someone who started with very little experience, very little capital in a super expensive market and pulled off three deals in 18 months. If Flo can do it, everyone out there, if you educate yourself, you can do it as well.

Henry:
I mean, she did several things that people say you can’t do. She went and she got a hundred percent financing on her first deal. That’s true. Yes. And yeah, yeah. She went over budget on her renovation. She had to fire three contractors, but who hasn’t had to go through some of those things. I think we’re all going to go through some of those things. What I think is a good part about this story is single family real estate. Yes, you can have challenges, but no one’s going to die if it doesn’t go perfectly right. You’re not going to go bankrupt if you feel like you have enough of a financial backing to take a couple of lumps along the way. Like taking the action and learning the lessons can be far more valuable than trying to learn all the lessons upfront and then getting into a deal where you’re still going to take some lumps. Alright, folks, we’re going to get out of here, but if you enjoyed Flow Story, I recommend that you check out the BiggerPockets podcast, episode 1105 with Deandre McDonald. It’s another investor story and one of our most popular episodes from the last few years. That’s episode 1105 from last April, and we’ll link it right here on YouTube as well. Thank you so much for watching. We’ll see you on the next episode of the BiggerPockets podcast.