105: From Minimum Wage to Full Time Flipper with Ophelia Nicholson

<p>Prepare to be inspired and motivated after listening to today’s episode of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>! In this program&nbsp;we sit down with&nbsp;Ophelia Nicholson, a house flipper from the Maryland area who got started with real estate while working a minimum wage job. You’ll learn how she broke out of that life and was able to quit her job to become a full time, successful house flipper, working on multiple properties&nbsp;at once!</p><p>Listen for insightful tips on applying for a loan, learning to be a landlord, partnering with family members and quitting your job for real estate. If you’re wondering whether it’s possible to make your investing dreams come true, don’t miss out on this episode — it’ll give you great insight into how you CAN make it happen!</p><p>In This Show We Cover:</p><ul><li>How Ophelia&nbsp;got started&nbsp;investing</li><li>The story of her “first small house“</li><li>How to buy&nbsp;a house on&nbsp;a&nbsp;minimum wage&nbsp;salary</li><li>Tips on&nbsp;applying&nbsp;for a loan</li><li>The experience of becoming an&nbsp;accidental landlord</li><li>What to do if you’re&nbsp;sued&nbsp;by your renter</li><li>Lessons about&nbsp;starting out&nbsp;as a landlord</li><li>Ophelia’s&nbsp;on and off relationship&nbsp;with real estate</li><li>The pros and cons of&nbsp;partnering with family</li><li>How to put&nbsp;15 properties&nbsp;under contract in 30 days</li><li>Quitting your job&nbsp;for real estate</li><li>Thoughts on&nbsp;women&nbsp;getting into real estate investing</li><li>Plus MUCH more!</li></ul><p>Links From the Show:</p><ul><li><a href="mailto:trivia@biggerpockets.com" target="_blank">BiggerPockets’ Trivia (email)</a></li><li><a href="http://biggerpockets.com/show104" target="_blank">BP Podcast Show 104</a></li><li><a href="https://www.biggerpockets.com/analysis" target="_blank">BiggerPocket’s&nbsp;Real Estate Analysis Software</a></li><li><a href="https://www.biggerpockets.com/hardmoneylenders" target="_b