From First-Time Buyer to Real Estate Wealth Builder: My Journey + How I Help Clients Do the Same

by Audrey Schultz

 

Hi there! I’m Audrey—a real estate agent, investor, and Airbnb business coach with a passion for helping others build wealth through smart real estate decisions.

For the past 15 years, I’ve been immersed in the world of real estate, turning fixer-uppers into income streams and strategic buys into long-term gains. Whether you’re a first-time homebuyer or a seasoned investor eyeing your next luxury property, I’m here to help you navigate the ever-changing market and craft a strategy that builds real, lasting wealth.

Discover how I grew my $90k starter home into a seven-figure real estate investment empire.

Curious how I did it? Here’s my story…

YEAR 1-5

At just 21, I bought my first home for $90,000—a foreclosure—while finishing my degree in interior design at Michigan State University. I barely qualified for a mortgage, but I knew one thing: paying rent wouldn’t lead to financial freedom. I needed to build equity. So I dove in.

While working full-time as a kitchen and bath designer, I spent six years remodeling that home. I upgraded everything from the kitchen and bathrooms to the landscaping and outdoor living spaces. I also invested in a 20-acre parcel of vacant land on the side.

When it was time to move on with my growing family, I sold my first house for a $50,000 profit! I only used a fraction of that as a down payment on my next home. Not long after, I sold my land for a $20,000 gain. It felt amazing! I had earned my first $75,000 through real estate investing by age 27.

I was hooked.

YEAR 5-10

Next came my first multi-family property, then a second. Within two years, I had built $25,000 in annual passive income from long-term rentals. I also started my blog, Modern Frontierswoman, which provided an additional stream of income.

It was an incredible learning experience. But I wanted more flexibility—and more growth.

I decided to take a giant leap into the world of short term rentals, scouring the entire state of Michigan for my perfect diamond in the rough. 

YEAR 10-15

After an intense search, I found it—Beaver Tail Lodge—a neglected log cabin in a prime vacation spot. I hired an amazing property manager, Evolve Vacations, and a local cleaning company, Top Shelf Cleaning Services, to help me run my business remotely. After a 9-month renovation, I launched on Airbnb and began bringing in an average of $50,000 a year in net income.

By 32, I was earning $75,000 in passive income annually—something that had once seemed impossible.

Still, I wanted a new challenge. I sold my long-term rentals, pocketed $70,000 in proceeds, and purchased a dreamy beachfront property on Lake Michigan: Big Water Beach House. It was a year-long labor of love, but it paid off—bringing in $240,000 in gross bookings before selling for a $475,000 profit just 18 months after launch.

Check out the $1.6M sale on Zillow.

Since I started my vacation rental business less than 5 years ago, my Airbnb properties have grossed over $650,000 in rent. 

 

From First Time Buyer to Real Estate Wealth Builder: My Journey + How I Help Clients Do the Same

(My business stats as of 4/9/2025)

 

My mission? To help my clients build wealth through real estate!

I'm more than a licensed real estate agent. I also offer business coaching for short-term rental owners and investors. 

Through buying, selling, and investing, I teach others how to create:

  • Six-figure equity gains through appreciation and smart renovations

  • A reliable nest egg for reinvestment and growth

  • Tax write-offs, depreciation, and long-term wealth protection

  • Passive income from rentals

  • Mortgage pay-downs—using other people’s money

Whether it’s your first home or your tenth investment property, real estate is one of the most powerful tools for building a legacy—and I’m here to help you make the most of it.

Why Work with Me?

  • 15+ years of hands-on real estate investing experience

  • Expertise in short-term and long-term rental strategies

  • Design-savvy with an interior design degree from MSU

  • Deep understanding of equity-building renovations

  • Transparent, personalized guidance at every step

Think of real estate investing like a life-sized game of Monopoly:

You have to collect rent and pass “Go” a few times before you can buy Park Place. But with the right strategy—and a knowledgeable agent on your side—you’ll get there faster than you think.

Ready to start building your real estate empire?

Let’s talk. Schedule your free consultation with me today.

GET MORE INFORMATION

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Audrey Schultz

Agent | License ID: 6501463146

+1(517) 745-0008

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