148: From 0 to 51 Units Despite Living in a Crazy Expensive Location with Nazz Wang

<p>How do you build up a sizable real estate portfolio when you live in one of the most expensive cities in America? That’s the topic we dive into today on the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>&nbsp;with guest&nbsp;Nazz Wang. Nazz has gone from&nbsp;0 to 51 units in the past several years, both local in California and across the country. You’ll learn how Nazz overcame a bad first investing experience to find her niche in “lazy real estate investing” and how you can do the same!</p><p>In This Episode We Cover:</p><ul><li>Who is Nazz and how she’s been investing for&nbsp;10 years&nbsp;now</li><li>How she got started through&nbsp;house hacking</li><li>How she acquired the&nbsp;mindset of a landlord&nbsp;back in college</li><li>Nazz’s&nbsp;first property&nbsp;— and her first big mistake</li><li>How&nbsp;neglecting&nbsp;the cash flow&nbsp;analysis ended up costing her</li><li>The issues surrounding owning&nbsp;condo units</li><li>How to discover&nbsp;and thrive in your&nbsp;niche</li><li>How many&nbsp;units&nbsp;she currently has</li><li>The problem with&nbsp;HOAs</li><li>How she bought&nbsp;in the Midwest to&nbsp;maximize cash flow</li><li>A discussion about&nbsp;property appreciation&nbsp;(are there any indicators?)</li><li>Speculation&nbsp;vs. buying things you can afford to keep</li><li>How Nazz&nbsp;educated&nbsp;herself in real estate</li><li>Her experience&nbsp;investing as a woman</li><li>How she&nbsp;finds, finances, and manages&nbsp;properties outside of her area</li><li>How to establish a&nbsp;pipeline&nbsp;to make investing easier</li><li>The benefits of&nbsp;the&nbsp;BRRRR strategy</li><li>How to&nbsp;manage&nbsp;property managers</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/blog/2015/11/05/bp-podcast-147weird-properties-into-cash-flowing-monsters-with-johnny-youssef/" target="_blank">Turning “Weird” Properties Into Cash-Flowing Monsters with Johnny Youssef</a></li><li><a hr