Real Estate Rookie
BiggerPockets
Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Monday, Wednesday and Friday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.
Episodes
Mentioned books
Nov 22, 2024 • 36min
Calculating NOI for Real Estate and How to Start Investing with $70K (Rookie Reply)
Learn how to calculate net operating income (NOI) before buying rental properties, including estimating taxes and maintenance costs. Discover strategies for starting your real estate journey with a budget of $70K. Tackle tricky tenant situations, like dealing with unreasonable maintenance requests. Get practical tips on insurance for investments and the differences between short-term and long-term rentals. Plus, explore alternative investment strategies and the importance of market research in building your portfolio.
14 snips
Nov 20, 2024 • 41min
Quitting His Job with Real Estate After Cracking the Cash Flow Code
Miller McSwain, a former rocket scientist turned full-time real estate investor, shares his journey into the world of high cash flow through coliving strategies. He breaks down how he transitioned from a stable job to owning six properties with 41 units. Miller explains the unique aspects of coliving versus traditional rentals, the importance of community spaces, and how to effectively market rental rooms. He also discusses managing tenant relations, conflict resolution, and his secrets to identifying ideal investment properties.
14 snips
Nov 18, 2024 • 43min
Snowballing to 7 Properties in 6 Years with This Rinse-and-Repeat Formula
Jefferson Calloway, a real estate investor, skyrocketed his portfolio to seven properties in just six years using a simple, repeatable strategy. He shares how his journey began with a unique rental situation that taught him the power of mentorship and owner-occupied investing. Jefferson also emphasizes critical tips for finding investment properties, managing risks, and building an effective team. He reveals how to mix active income with near-passive real estate investments, all while maintaining a focus on wealth-building and smart financial strategies.
Nov 15, 2024 • 33min
How Much SHOULD You Put Down on an Investment Property? (Rookie Reply)
Dive into the world of investment property down payments and discover how much you should really put down to optimize cash flow. Is it wiser to pay off high-interest mortgages or keep investing? The discussion reveals the pros and cons of both strategies. Hear about the challenges of negotiating hard money loans for house flips and the importance of getting your numbers right before diving in. This episode is packed with insights for new investors keen on navigating a complex market.
21 snips
Nov 13, 2024 • 43min
How to Start Flipping Houses for Huge Profits in 2025 (Step-by-Step!)
James Dainard, a master house flipper and author of The House Flipping Framework, shares his insights on navigating today's tricky real estate market. He discusses how to identify profitable flips and choose the right contractors. James emphasizes the importance of calculating annualized returns and finding a flip-friendly broker. He also highlights essential strategies for assembling a successful flipping team and marketing properties effectively. Whether you're a rookie or looking to enhance your skills, this conversation is packed with invaluable tips!
16 snips
Nov 11, 2024 • 51min
“BRRRRing” His Way to Financial Independence EVEN in a Tough Housing Market
Karl Denton, a rookie real estate investor and full-time firefighter, shares his journey of finding undervalued properties using the BRRRR strategy. He emphasizes going off the beaten path, focusing on distressed homes, and even managing out-of-state renovations. Karl reveals how he successfully pivots from long-term to short-term rentals for increased cash flow. Listeners can learn effective techniques for navigating tough markets, as well as tips for handling tax liens and mastering property value enhancements.
11 snips
Nov 8, 2024 • 30min
Should I SELL or RENT My House? + How to Finance Home Renovations (Rookie Reply)
Weigh the pros and cons of selling versus renting your home as you prepare to move. Discover financial strategies for renovating properties and explore the costs of short-term versus long-term rentals. Delve into financing options, including tips on securing funds from local lenders. Analyze whether house hacking still makes sense in today's market—can it deliver freedom or has its time passed? Navigate these crucial real estate dilemmas with practical advice and thoughtful insights.
Nov 6, 2024 • 39min
Making $5K/Month Cash Flow from ONE Property (and Dodging a $100K Mistake)
Rocky Gibson, a savvy real estate investor, built a portfolio of fifteen units and two flips in just five years. He shares how his unique eleven-unit RV park generates $5,000 a month in cash flow, making strides toward financial freedom. Rocky emphasizes innovative strategies like renting by the room and leveraging personal networks. He also reveals a near $100,000 mistake that taught him valuable lessons, leading to a smarter investment approach. Tune in for insights on house hacking and creative funding methods!
16 snips
Nov 4, 2024 • 40min
Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
David Sladewski, a 20-year-old real estate investor, shares his inspiring journey of acquiring three properties in just two years while self-employed. He discusses how you can invest in real estate without a W2 job by finding lender loopholes and partnerships. David reveals valuable insights on mentorship from becoming an agent, navigating financing hurdles, and flipping properties for profit. His experiences underline the power of strategic planning and collaboration, as well as the appeal of investment opportunities in the Rust Belt region.
18 snips
Nov 1, 2024 • 27min
How to Buy Multiple Rental Properties a Year + Auctions 101 (Rookie Reply)
Learn how to rapidly build your rental portfolio with tips for buying multiple properties a year. Discover strategies to raise rents while keeping tenant turnover low, even with inherited tenants. Get insights into the auction process, including crucial red flags and the importance of understanding auction dynamics. Uncover innovative ways to overcome financial challenges and enhance your investment strategies, ensuring you stay on the path to financial freedom.
