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BiggerPockets Real Estate · May 18, 2026 · 34m

7 Rentals in 2 Years by Buying in an Affordable Market Everyone Ignores

Nick Burke built a seven-property rental portfolio in just two years by targeting undervalued markets in affordable cities that most investors overlook. Using the BRRRR method (buy, rehab, rent, refinance, repeat), he created hundreds of thousands in equity with minimal cash out of pocket—including buying his first rental with a credit card at 0% APR and partnering 50/50 when capital was tight. The episode reveals his exact buy box criteria, team structure, and proof that real estate scaling is possible even while working a 9-5 job.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Novel

0% APR Credit Cards as Real Estate Financing
Nick purchased his first rental property by leveraging a 0% APR credit card promotion, demonstrating that creative financing can bypass traditional capital constraints when structuring deals correctly.

Highlights

The BRRRR Method for Rapid Equity Building
The BRRRR method (buy, rehab, rent, refinance, repeat) allows investors to create immediate equity and recycle capital by purchasing undervalued properties, renovating them, renting them out, refinancing to extract equity, and repeating the cycle with minimal cash out of pocket.
The Critical Out-of-State Investing Team Member
Managing rental properties from hundreds of miles away requires a specific critical team member whose role is so important that the episode emphasizes it as the '#1 most important person on your out-of-state investing team.'

Editorial

Targeting Undervalued Markets Others Have Written Off
Nick built his portfolio by investing in a specific affordable market that 99% of real estate investors have dismissed or overlooked, finding population growth, equity upside, and sub-$100K property prices where others saw no opportunity.
50/50 Partnerships as Capital-Constrained Scaling Tactic
When Nick lacked sufficient capital, he structured 50/50 partnerships on deals rather than waiting to save cash, allowing him to acquire and build equity on properties he otherwise couldn't afford outright.

Misc

Nick financed his first rental with a credit card using a 0% APR promotion
He managed renovations from hundreds of miles away while maintaining a day job
His strategy involved 50/50 partnerships when he lacked sufficient capital
He achieved 'getting paid to buy' rentals through strategic refinancing
The portfolio generated equity gains of hundreds of thousands of dollars in 24 months
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