Episode #848
Keleisha Carter built a $5K/month passive income stream as a new immigrant with NO green card, money, or ability to get a mortgage. After realizing that her corporate job in Jamaica wouldn’t lead her to where she wanted to be, Keleisha made the adventurous decision to pack up everything she had and move to the US. Overnight, she went from a highrespected marketing role to bussing tables in an entirely different country, but she had bigger plans.
Keleisha’s goal was to support her family financially in any way she could and eventually bring them to the States. After numerous promotions, Keleisha built up a small sum of savings that she would use to buy her first rental property. Or, that was the plan until she realized that without being a US citizen, purchasing a home and getting a mortgage would be much more complicated than she thought.
In today’s show, Keleisha shares her smart strategy to get around the banks and buy properties, EVEN as a new immigrant. Plus, she’ll show how she’s buying rentals today WITHOUT using her own money and why she’ll NEVER try to flip houses again.
~~~~
Join BiggerPockets for FREE
https://www.biggerpockets.com/signup?...
~~~~
Expand Your Investing Knowledge With the BiggerPockets Books:
https://store.biggerpockets.com/?utm_...
~~~~
Find an InvestorFriendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find InvestorFriendly Lenders:
http://biggerpockets.com/findlenders
~~~~
Be a Guest on the BiggerPockets Podcast:
https://biggerpockets.com/guest
~~~~
Meet Other Investors on the BiggerPockets Forums:
https://www.biggerpockets.com/forums?...
~~~~
Past Episodes Mentioned in Today’s Show:
Amy Mahjoory (Part 1): https://www.biggerpockets.com/blog/re...
Diego Corzo: https://www.biggerpockets.com/blog/bi...
~~~~
Connect with Keleisha:
BiggerPockets: https://www.biggerpockets.com/users/k...
Facebook: / keleisharcarter
Instagram: @keleishacarter or / keleishacarter
LinkedIn: / keleishacarter
Website: https://keleishacarter.com/
~~~~
Connect with Henry and Rob on BiggerPockets:
Henry: https://www.biggerpockets.com/users/h...
Rob: https://www.biggerpockets.com/users/r...
~~~~
Connect with Henry on Instagram:
@thehenrywashington or / thehenrywashington
~~~~
Connect with Rob (Robuilt):
Instagram: / robuilt
TikTok: / robuilto
X/Twitter: / robuiltchannel
YouTube: / robuilt
Show notes at: https://link.chtbl.com/BPRE
00:00 Intro
01:37 Moving to the US to Wait Tables
05:51 Financially Supporting Her Family
11:09 Promotions and Finding Real Estate
18:30 No Green Card, No Mortgage
21:26 First Property Gone Wrong
27:54 Finding the Right Real Estate Market
30:25 Final Numbers on First Deal
31:52 NO More Flips
33:17 Creative Financing and Going Around the Banks
36:25 Shifting to MediumTerm Rentals
40:48 Tips for New Investors
44:17 "You're Gonna Be Broke"
45:52 Dreams Coming True
48:30 Connect with Keleisha!