351: The BEST Rookie Investor Tips, Tricks, Hacks, and Advice of 2023

Dec 26, 2023

The podcast episode covers a range of real estate topics including partnerships, home renovation hacks, house hacking, replacing W2 income with rentals, rental arbitrage, estimating rehab costs, and maximizing money from current portfolio.

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Episode notes

Introduction

00:00 • 5min

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Motivation for Real Estate Investing

05:02 • 3min

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Overcoming Challenges and Finding Opportunity in Real Estate Investing

08:11 • 4min

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The Benefits of Deal Machine for Real Estate Investing and Building a Strong Foundation

12:24 • 2min

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Embracing Frugality and Financial Responsibility

13:57 • 15min

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Finding a Real Estate Partner

29:07 • 7min

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Analyzing Interest Rates and Expenses

36:13 • 22min

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Understanding Real Estate Investing and Repeatable Strategies

58:31 • 8min

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We got to talk a WHOLE lot of real estate in 2023. With topics ranging from partnerships to home renovation hacks, we covered a ton of ground this year and hope the information helped YOU on your real estate investing journey!

Today, we’re taking a trip down memory lane—reflecting on all of the amazing guests and conversations we had on the show over the last twelve months. For this very special episode, we’ve handpicked a few of our favorite moments to share with you. Whether you’re looking to find your first deal or already own several rental properties, we hope this compilation gives you the inspiration and motivation you need to start the new year off strong!

Tune in to learn everything from getting your spouse on board with real estate to replacing your W2 income with rentals. You’ll find out why house hacking is perhaps the best entry point to real estate investing and why rental arbitrage is a cheat code for easy cash flow. You’ll even learn about the “open house” hack that one rookie investor uses to estimate rehab costs, as well as some clever ways to get more money out of your current portfolio!

Here is the link to the Spotify playlist for the full episodes clipped for this show!

In This Episode We Cover:

The BEST real estate tips, tricks, hacks, and advice from 2023

How to get your spouse on board with real estate investing

Building your dream lifestyle through the power of house hacking

How to replace your W2 income with rental properties

The “open house” hack for estimating rehab costs

Squeezing more money from your current portfolio

How to attract the right investing partner (hint: find the deal first!)

How to get EASY cash flow through rental arbitrage

Scoring fully-funded vacations by using business credit cards

How to complete home renovation projects remotely