129: Live-in Flips, Frugality, and Finance with Mindy Jensen

<p>On this episode of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>, we’re going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You’ll meet&nbsp;Mindy Jensen&nbsp;and discover how she uses the&nbsp;“live-in flip” strategy&nbsp;to build wealth through real estate. You’ll also learn how a live-in flipper can save significant money on taxes as well as a discussion on the benefits of doing your own work. Don’t miss this enlightening, and hilarious, episode!</p><p>In This Episode We Cover:</p><ul><li>Who&nbsp;Mindy Jensen is</li><li>Her thoughts on&nbsp;personal finance</li><li>Frugality,&nbsp;as defined by Mindy</li><li>A&nbsp;debate&nbsp;on Starbucks (as well as Priuses)&nbsp;and frugality</li><li>Where she&nbsp;spends&nbsp;her money</li><li>How Mindy&nbsp;got started&nbsp;in real estate</li><li>Details on her&nbsp;deals</li><li>7%&nbsp;as a steal?</li><li>The ins and outs of performing&nbsp;a&nbsp;live and flip</li><li>Getting a&nbsp;real estate license&nbsp;as a means to invest</li><li>What you should know about&nbsp;For Sale By Owner (FSBO)&nbsp;properties</li><li>How she&nbsp;advertises&nbsp;her houses</li><li>The&nbsp;pros and cons&nbsp;of live and flips</li><li>Why&nbsp;women&nbsp;can and should fix houses</li><li>The importance of&nbsp;home inspections</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/alerts" target="_blank">BiggerPockets Keyword Alerts</a></li><li><a href="http://biggerpockets.com/askbp" target="_blank">#AskBP Podcast</a></li><li><a href="http://biggerpockets.com/blog" target="_blank">BiggerPockets Blogs</a></li><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="https://www.biggerpockets.com/blog/2013/05/09/bp-podcast-017-mentors-retirement-jeff-brown/" target="_blank">BP Podcast with Jeff Brown</a></li><li><a href="https://www.biggerpockets.com/blog/2013/11/