Scott Trench, CEO of BiggerPockets, shares honest insights on navigating today’s high-cost real estate market. Chad Carson reveals how a small portfolio can lead to financial freedom, debunking the myth that you need many rentals. Ashley Kehr offers beginner-friendly tactics for investing with just $50,000, while Henry Washington highlights the importance of choosing the right markets. The discussion also touches on the potential impact of political changes on the housing landscape, making it a must-listen for future investors!

Ashley Kehr, co-host of the BiggerPockets Real Estate Rookie podcast and author of 'The Real Estate Rookie,' shares her journey through real estate investing and property management. She emphasizes the importance of data and systems for property managers to thrive. Strategies for building investor relationships are discussed, including leveraging networking platforms and meetups. The conversation also tackles the dynamics of the investor-manager relationship, underscoring the value of clear communication and education to enhance collaboration and operational success.

In this discussion, Ashley Kehr, co-host of the Real Estate Rookie Podcast and a cash-flow investor, shines a spotlight on the lucrative 'lake effect' cash flow opportunities in the Great Lakes region. She reveals how investors can buy affordable homes while boasting high rental prices, contributing to significant monthly cash flow. The conversation dives into the revitalization of cities like Buffalo and Erie, the influx of tech companies, and why certain markets are becoming increasingly attractive and future-proof for real estate investors.

No time or money to invest? You need a real estate partnership. What keeps almost every real estate rookie from investing is the fear that they’ll fail or that they don’t have enough to get started. But what if you could join forces with an experienced investor and learn the real estate investing game while gaining equity? Or, what if you’re busy making money from a high-paid job or business and don’t want to manage tenants, toilets, or trash? Well, there’s a good chance a partnership could take your passive income to the next level.To help unlock the world of real estate partnership, Ashley Kehr and Tony Robinson from the Real Estate Rookie podcast join us and give a glimpse into their new book, Real Estate Partnerships. In it, they talk about the four reasons why most investors need a partner, where to find the right person to invest with, the different types of partnerships (equity vs. debt), and red flags that you CAN’T ignore.Both Ashley and Tony have built multimillion-dollar real estate portfolios thanks to partnering up. So, if you’ve tried to go at it alone and aren’t having much luck building wealth, this may be your sign to start searching for a partner who will help you build your rental property portfolio!Grab your copy of Real Estate Partnerships and use code “PARTNER801” at checkout for an exclusive discount.In This Episode We Cover:The four signs that you NEED a partnership to succeed in real estate The red flags to RUN away from if you see them in a potential partner Debt partnerships vs. equity partnerships and how the wrong one could kill your dealThe partnership agreement and why you MUST sign one before you start investing together Where to find the perfect real estate partner (they’re closer than you think!)And So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelWork with DavidRob's BiggerPockets ProfileRob's InstagramRob's TikTokRob's TwitterRob's YouTubeGrab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER801” at CheckoutHow to Use the DISC Profile to Communicate Effectively in BusinessConnect with Ashley & Tony:Ashley Kehr's BiggerPockets ProfileAshley's InstagramReal Estate Rookie PodcastTony Robinson's BiggerPockets ProfileTony's InstagramClick here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-801Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ashley Kehr, a real estate innovator, and Henry Washington, a savvy investor, dive into how they're thriving in 2024's challenging market. They reveal strategies for finding undervalued properties and share their success with quick flips raking in $50,000 profits. Henry spills his secret on increasing rents by up to 50%, even in a tough landscape, demonstrating how patience can lead to significant cash flow. Their insights are a roadmap for investors aiming to seize opportunities and navigate risks with confidence.