Robuilt’s Rags-to-Riches Real Estate Story Told Like NEVER Before

Episode #315

Going from house poor to earning HUGE cash flow and building a real estate empire? The journey to wealth through real estate was no walk in the park for today’s special guest. After figuring out that someone else would actually pay his mortgage for him, however, it became a whole lot easier!

Welcome back to the "Real Estate Rookie" podcast! Today, we’re joined by none other than Rob (Robuilt) Abasolo—investor, YouTuber, and co-host of the "BiggerPockets Real Estate" podcast. Born to first-generation immigrants who worked tirelessly to provide him with a better life, Rob grew up knowing how to live below his means. Little did he know that this mindset would prove critical when he and his wife were stuck with a mortgage payment they couldn’t afford. It was at this time that Rob discovered house hacking and put the strategy to the test—with enormous success! Ultimately, this proof of concept would give him the courage to build and scale his very own real estate business.

If you need to be reminded that investing in real estate is a viable path to financial freedom, look no further than this ultimate rags-to-riches story. As Rob reflects on his days as a rookie investor, he shares why it’s so important to document your journey, different ways to subsidize your mortgage, and how to get your spouse on board with your real estate obsession!

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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/lendermatch
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Listen to the "BiggerPockets Real Estate" Podcast:
https://www.biggerpockets.com/podcast...
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Meet Rob at BPCon 2023 in Orlando:
https://web.cvent.com/event/71fc762e-...
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10 Deals on a $20K Waitress Salary With Ashley Hamilton: https://www.biggerpockets.com/blog/bi...
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Connect with Rob:
BiggerPockets: https://www.biggerpockets.com/users/r...
Instagram: @robuilt or   / robuilt  
TikTok:   / robuilto  
Twitter/X:   / robuiltchannel  
YouTube: @robuilt or    / @robuilt  
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Join Rob at HostCon on October 28–30 in Houston, TX:
https://www.robuilt.co/host-con
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or   / wealthfromrentals  
Tony: @tonyjrobinson or   / tonyjrobinson  

Show notes at: https://www.biggerpockets.com/blog/ro...


00:00 Intro

04:19 Rob’s Childhood

10:16 Living Below Your Means

20:00 Buying His First House

31:57 Moving to LA!?

44:29 Short-Term Rentals

54:20 HUGE Profit!

58:46 Rookie Exam

01:00:57 Connect with Rob!