The Moonlight Real Estate Side Hustles and Syndications Show
We show working professionals and busy people how to invest in real estate as a side hustle or a full-time business. We interview guests who have successfully started real estate businesses part-time and have turned them into full-time enterprises, or have generated passive income for themselves. This show will also demonstrate how to invest in real estate with low or no money. You will learn how to achieve success in various niches within real estate, including wholesaling, fix and flip, BRRR (Buy, Rehab, Rent, Refinance), and syndicating commercial real estate.
The Moonlight Real Estate Side Hustles and Syndications Show
Starting With No Money and Juggling Multiple Jobs to Scaling a Commercial Real Estate Business with Bibi Ofiri
๐๏ธโจ New Podcast Episode! Meet Bibi Ofiri: From Grit to Greatness in Real Estate ๐ ๐ผ๐ช
I had the privilege of sitting down with Bibi Ofiri, the inspiring COO of Blue Ocean Equity LLC! ๐๐ฉโ๐ผ Her story is one of pure resilience and determinationโbalancing multiple jobs ๐โโ๏ธ๐ป, pursuing a degree ๐๐, and caring for her family ๐จโ๐ฉโ๐งโ๐ฆโall while breaking into the real estate world! If youโre navigating lifeโs challenges and wondering how to start investing in real estate, this episode is for YOU! ๐๐ก
โจ Bibiโs Real Estate Journey
Originally from Nigeria ๐ณ๐ฌโ๏ธ, Bibi came to the U.S. with plans to return home. Life had other ideas, as family health challenges required her to adapt and stay. While working multiple jobs and earning a degree in cybersecurity, she discovered her true passion: real estate ๐๏ธโค๏ธ.
๐ผ Her big break came when she turned a skeptical boss into a real estate partner ๐ค, opening doors to joint ventures, multiple flips, and even a vacation rental portfolio. ๐ช๐ธ
๐ฏ Key Deal Breakdown:
๐ซโก๏ธ๐ก Student Housing Flip in Pennsylvania:
๐ต๏ธโโ๏ธ Research & Market Confidence: Extensive research revealed high demand for family rentals.
๐ผ Winning Over Investors: It wasnโt easy, but her persistence and local insights sealed the deal!
๐ธ Overcoming Setbacks: Two weeks before closing, her primary lender backed out. ๐ฑ Through quick networking, she raised $2.8M within 24 hours! ๐ฅ
๐ ๏ธ Execution: Successfully converted student housing into family rentals, creating a high-performing asset with minimal renovations.
๐๐ก Bibiโs Quick Tips for Real Estate Success:
๐ Start with education: Learn the basics to make informed decisions.
๐ค Build partnerships: Partnering can help you scale, even with limited cash.
๐ช Play to your strengths: Whether itโs networking, project management, or underwriting, find your edge and leverage it!
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