BTM 101: My Spouse & I Want To Be Landlords with Pongee Barnes

Born and raised on the south-side of Chicago, today’s guest, Pongee Barnes embarked on her real estate career as a college student in 2005 at the age of 20, buying her first condo.

From 2008-2011, Pongee owned a furniture rental staging business which birthed from her passion of staging and flipping homes. Today, as a seasoned investor, more than her passion for real estate she has a central focus on inspiring black millennials to invest.

On today’s episode, we discuss the ups and downs of “hands on” landlording but more specifically, managing your rentals with a partner.

Key Points From This Episode:

  • How Pongee lost money on her 1st deal
  • Why Pongee started staging property, renting furniture & flipping homes
  • Why Pongee decided to drop out of Law School
  • How to take advantage of “Cash for Keys”
  • If and how you should partner with your spouse
  • How to raise a family around real estate investing

 

Links Mentioned in Today’s Episode:

Pongee’s Instagram

Before the Millions Books:

Millionaire Next Door by Thomas J. Stanley

Listen to this book for free!

Lifestyle Design App:

Free Training: Building A Lifestyle Business Through Real Estate Investing

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