Episode 73: How to Invest in Multiple States and Pay Off Student Loan Debt

This episode with Ogechi Igbokwe was powerful! She was inspired to get into real estate when she saw her mother sacrifice to save for a property back home in Nigeria. For her 21st birthday, she decided that she needed to do something big. She decided that she would buy a property. 

This was back in 2007, when it was very easy for most people to get a mortgage. She invested in Atlanta from New York before investing out of state became popular on the internet and before this information was accessible. 8 months later, she purchased her second property in Albany, New York. 

She continued to grow her portfolio in this market and currently, she has 9 doors total. On her birthday in 2017, she paid off her student loans. Rental income played a big part in helping her to reach this goal. 

In this episode, we discuss investing out of state, finding properties, self managing your rentals, paying off student loan debt with real estate and more.

Highlights

1. You don’t have to invest where you live, especially if it’s too expensive. Think outside of the box and explore real estate out of your area

2. Buy assets that will pay for your liabilities. Setting yourself up for success with assets makes life more enjoyable. 

3. Consider getting a job that offers tuition reimbursement. This can significantly reduce the amount of student loan debt you’ll accrue

How you can find her

IG- @onesavvydollar

Website- http://onesavvydollar.com/resources/

Buy her eBook 7 Steps For Buying A Profitable Rental Property- https://gumroad.com/a/920196211

Access all of our resources on our website- https://www.blackrealestatedialogue.com/