Real Estate Rookie

Fund Your FIRST Rental Property with These Side Hustle Ideas (Rookie Reply)

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Jan 31, 2025
Discover creative side hustle ideas to boost your savings for your first rental property. Learn how to leverage your existing real estate portfolio to achieve your dream home. Explore the essentials of structuring successful partnerships in real estate, with insights on what to avoid. Also, find out if it's too late to start investing and how many properties you might need to hit your cash flow goals. Get inspired with actionable tips tailored for novice investors!
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ADVICE

Focus on Cash-on-Cash Return

  • Aim for a specific cash-on-cash return rather than a fixed cash flow goal.
  • This helps compare investment opportunities fairly, considering invested capital.
INSIGHT

Investing in Your 30s

  • Starting real estate investing in your 30s is not too late.
  • Older investors often have more financial stability and resources.
ANECDOTE

Ashley's Initial Fear

  • Ashley Kehr's initial fear was unexpected expenses after closing a deal.
  • Partnering with someone with reserves and developing a plan eased her fear.
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