• E19: How We Made $75K From a House We Got for Free

  • Mar 28 2025
  • Durée: 16 min
  • Podcast

E19: How We Made $75K From a House We Got for Free

  • Résumé

  • In this episode, we’re pulling back the curtain on one of our favorite real estate deals—how we took control of a single-family property with zero money down and turned it into over $75,000 in profit across six and a half years. From a tired landlord to a win-win land contract, we’re breaking down every step of the process: the acquisition, the strategy, the creative financing, and all the real-life twists along the way.


    You’ll hear how we secured this property in just three days, navigated foundation issues, used a lease option to generate consistent cash flow, and even refinanced for a tax-free cash out. If you’re serious about building a real estate portfolio through creative deals, this episode will show you what’s possible—even without using your own money.


    Episode Timeline

    [0:00] - Introduction

    [0:35] - The breakdown of profits: $75K+ from a zero-down deal

    [1:03] - Introducing the case study: 453 Burt Avenue

    [2:15] - A 3-day, no-marketing, no-money-down acquisition

    [3:03] - Why traditional buyers couldn’t make the deal work

    [4:12] - Our goal: no interest, no bank, seller financing

    [6:09] - The land contract terms: $416/mo, paid off in 9 years

    [7:17] - Marketing on a $20 budget (and it worked!)

    [8:02] - Lease-option strategy: increasing rent, building equity

    [9:11] - From tenant-buyer to Airbnb to a family rental

    [10:00] - Cash-out refinance: $52K tax-free

    [11:19] - The bonus upgrades we didn’t pay for (thank you, tenant!)

    [13:18] - Tools we use: CRM, FreedomSoft, local attorney & title team

    [14:24] - Why having a construction crew or handyman matters

    [15:11] - Want our system? We’ll help you set it up!


    3 Key Takeaways

    1. Creative Financing Can Build Serious Wealth: With the right approach, you don’t need bank loans or large amounts of capital to acquire and profit from real estate.

    2. Know Your Numbers and Negotiate Smart: Seller-financed deals with no interest can offer massive long-term savings—and faster paths to full ownership.

    3. Systems and Support Teams Matter: The right CRM, legal team, and contractors make all the difference when scaling your portfolio efficiently.


    Links & Resources

    • Email: AdkinsProNetwork@gmail.com

    • Annie: Annie@AnnieAdkins.com

    • Website: JayAndAnnieAdkins.com


    If you enjoyed this episode, don’t forget to rate, follow, review, and share the podcast with a fellow investor or friend who’s ready to take the next step in their real estate journey. We appreciate you being here with us!

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