The Cashflow Project podcast

Diving in to Real Estate success with the Thompsons

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In this episode, Steve is joined by Blake and Jessica Thompson, discussing the real estate journey from rentals to achieving financial freedom. Blake and Jessica shared that as soon as they got married, they knew they had to build their rental portfolio, and it helped that their family was supportive of this decision. When the first rent cheque came in, they started listening to podcasts, reading books, and attending webinars to enhance their skills in real estate investing. They then began with a goal of doubling what they have every year to be financially free eventually. There were challenges, but as they continued their journey, they ultimately met a mentor who helped them achieve more success and started flipping and scaling their real estate business. To learn more about their successful journey, tune in to this episode, and enjoy!

 

Outline of the episode:

·        [00:01] Intro

·        [01:32] How they met and got into real estate.

·        [06:20] Moving from San Francisco to Idaho.

·        [10:18] The steps that knocked out the projects

·        [13:42] Bikepacking vs. Real Estate.

·        [16:57] Challenges for investors in the current market.

·        [21:19] Mindset is a huge thing

·        [24:29] Networking groups

·        [28:39] Fire round

 

About The Thompsons

Blake and Jessica Thompson met in the suburbs of San Francisco in their young twenties. With both coming from a construction background, they quickly realized their shared passion in all things real estate and began building a life together in 2018. It didn't take long before they started dreaming of starting a family.

 

In 2020 they moved to Idaho in pursuit of their ideal family environment, where they now aim to help others in tough real estate situations. They aim to create win-win situations while at the same time improving the neighborhoods in which they live. Blake and Jessica love giving back and often look to the community for inspiration.

Resources:

·        Hawaii Millionaires Mindset Blueprint

·        SPEARPOINT GROUP

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