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 high-respected 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.

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Past Episodes Mentioned in Today’s Show:
Amy Mahjoory (Part 1): https://www.biggerpockets.com/blog/real-estate-636?utm_source=youtube&utm_medium=description&utm_campaign=none
Diego Corzo: https://www.biggerpockets.com/blog/biggerpockets-podcast-352-diego-corzo?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Keleisha:
BiggerPockets: https://www.biggerpockets.com/users/keleisha?utm_source=youtube&utm_medium=description&utm_campaign=none
Facebook: https://www.facebook.com/keleisharcarter
Instagram: @keleishacarter or https://www.instagram.com/keleishacarter/
LinkedIn: https://www.linkedin.com/in/keleishacarter/
Website: https://keleishacarter.com/
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Connect with Henry and Rob on BiggerPockets:
Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Henry on Instagram:
@thehenrywashington or https://www.instagram.com/thehenrywashington/
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Connect with Rob (Robuilt):
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
X/Twitter: https://www.twitter.com/robuiltchannel
YouTube: https://www.youtube.com/c/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 Medium-Term Rentals

40:48 Tips for New Investors

44:17 "You're Gonna Be Broke"

45:52 Dreams Coming True

48:30 Connect with Keleisha!