395: From Car Valet to $100k/Month... Seriously! with Thach Nguyen

<p>Today: a no-excuses, American Dream story that will get you <strong>fired up </strong>to go hunt down a deal!</p><p><strong>Thach Nguyen </strong>is an investor and agent in the Seattle, Washington area. When he was a kid, his family fled Vietnam for the U.S... he later <strong>parked cars</strong> at a Chinese restaurant... and despite becoming a <strong>top-producing agent </strong>building a monster portfolio of <strong>paid-off rental properties, </strong>he's still hungry and shows no sign of slowing down.</p><p>In today's episode, Thach (pronounced "Thatch") shares the lessons he learned during the <strong>Great Recession</strong>, his criteria for buying a "<strong>perfect BRRRR</strong>"... and why he says there's no shame in <strong>living with mom and dad</strong> to save money!</p><p>Plus, the guys discuss the pros and cons of <strong>paying down mortgages, </strong>the psychological advantage of owning your primary residence <strong>free-and-clear, </strong>and Thach's favorite (free)<strong> lead generation</strong> strategy.</p><p>We think you'll love Thach's energy; he <strong>thinks big </strong>and will motivate you to do the same. Give him a follow (IG: @thachnguyen) and let us know what you think of this episode!</p><p>In This Episode We Cover:</p><ul><li>How Thach created <strong>$100k/month</strong> (!) in rental income</li><li>Why he's focusing on the affordable housing niche</li><li><strong>Buying</strong> <strong>townhouses</strong> in Seattle, WA</li><li>Buying a "micro-apartment" building in Oakland, CA</li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" rel="noopener noreferrer" target="_blank">BiggerPockets Forums</a></li><li><a href="https://www.biggerpockets.com/podcast" rel="noopener noreferrer" target="_blank">BiggerPockets Podcast</a></li><li><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-356-joe-asamoah" rel="noopener noreferrer" target="_blank">BiggerPockets Podcast 356: 30