He Bought a House for $15K… Now It’s Worth $175K (But the Tenant Destroyed It) | Walter Baker’s Rental StrategyIn this episode of Brian Trippe Real Estate, we dive into the real-world story of Walter Baker, a seasoned investor in Birmingham, Alabama, who bought a property for just $15K over a decade ago. Despite a disastrous tenant turnover that led to a $30K rehab, this house is now worth $175K—and still made money.Walter takes us through the details of his long-term investment strategy, showing how this property, despite the damage, continues to be a success. From tenant turnover to deferred maintenance, Walter breaks down how to protect your rentals, manage long-term investments, and scale your portfolio without managing properties yourself.Key Topics Covered:The $30K rehab and why tenant turnover can lead to big costsHow a $15K property became worth $175K in 14 yearsThe real cost of deferred maintenance and property managementThe importance of reserves, cash flow, and equityHow Walter avoids property management headachesLow-end vs high-end rental properties: which makes more?Featured Guest:Walter Baker, seasoned real estate high-end flipper, wealth-building expertConnect with Brian Trippe📸 ⁠⁠https://www.instagram.com/brianjtrippe/⁠💼 ⁠⁠https://briantripperealestate.com/⁠Want to Learn More and Meet Us in Person?Join us at the Board of Advisors Mastermind Conference in Birmingham, AL on October 6-7, where top-tier investors will gather to network and learn how to grow their businesses faster.🎟️ Get Tickets Now | Use promo code PODCAST for a discount!Video Link for this Episode:He Bought This for $15K… Now It’s Worth $175K (But the Tenant Destroyed It)Other Resources:Learn Real EstateBOA Quarterly ConferenceBrian's FREE Facebook GroupBrian Trippe InstagramBrian Trippe TikTokBOA Mastermind (Use promo code PODCAST for a discount!)

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