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
11 snips
Oct 30, 2024 • 32min
How to Do Your FIRST House Flip in 2024: Budgets, Renovations, and Loans
Rene Hosman, community manager at BiggerPockets and a rookie house flipper, shares her thrilling journey of tackling her first renovation project. She reveals how she snagged a competitive property in Denver, secured quick funding from a private lender, and developed her budgeting strategies. Listeners learn about estimating rehab costs, managing a financial buffer, and the advantages of investing in familiar territories. Rene’s real-life insights provide a roadmap for aspiring flippers stepping into the vibrant real estate market.
10 snips
Oct 28, 2024 • 35min
How to Buy Your First Rental Property (Out-of-State) in Just 90 Days!
Jeff Costa, a product manager who swiftly purchased his first rental property within 90 days, shares his inspiring journey into out-of-state real estate investing. He emphasizes the importance of taking action over analysis paralysis, revealing how thorough market research and a solid support team enabled his success. Jeff discusses choosing turnkey properties, learning to manage remotely, and utilizing various free tools for market insights. His valuable tips can help you avoid rookie mistakes in property management and ensure a smooth investment journey.
6 snips
Oct 25, 2024 • 36min
How to Find Off-Market Properties WITHOUT Cold Calling! (Rookie Reply)
Discover innovative methods to find off-market properties without the hassle of cold calling. Learn how to effectively manage long-term and short-term rentals to minimize conflicts. The hosts share their favorite stores for durable furnishings and offer quick tips, including how to prevent bed bugs. Explore the challenges and frustrations surrounding real estate wholesaling, along with guidance on ethical practices and local regulations. Uncover creative strategies for sourcing deals through relationship building and networking!
Oct 23, 2024 • 39min
Renting WHILE Building Wealth by Buying Properties Close and Far from Home
Mary Ho, a nurse educator from Manhattan, shares her inspiring journey in real estate investing. She opted for rental properties in affordable markets to navigate NYC's high costs. Mary discusses her experience renovating a distressed property and the lessons learned about budgeting and refinancing. She emphasizes the importance of effective property management tools and her innovative strategies for overseeing rentals remotely. Balancing family life while investing, she reveals how a supportive network fuels her productivity and success.
Oct 21, 2024 • 36min
Moving 1,500 Miles Away to Buy His First Rental with Just $25,000
Austin Wolff, a data scientist and real estate investor, took a bold step by moving 1,500 miles from Los Angeles to Arkansas to buy his first rental property. He shares insights on how he strategically identified affordable markets like Fayetteville and leveraged just $25,000 to secure his investment with a mere five percent down. Austin discusses the pros and cons of various loan options, the significance of thorough tenant screening, and reveals why he believes now is the perfect time to invest in real estate.
5 snips
Oct 18, 2024 • 30min
How to Comp Rent/Home Prices and Why Going SMALL May Make You More (Rookie Reply)
Discover how to effectively pull rental comps and accurately estimate rent prices. Explore the pros and cons of scaling your real estate investments versus staying small. Learn strategies for house hacking and managing tenants when renting by the room. Uncover the potential danger of overextending by purchasing multiple rentals in a year. Plus, gain insights into utilizing market data tools for smarter investment decisions.
Oct 16, 2024 • 37min
$30K/Year Cash Flow from 2 Properties by Doing What Other Investors Won’t
Katie Klein, a seasoned real estate investor and hospitality expert, shares her journey of generating $30K in annual cash flow from just two short-term rentals. She reveals strategies for standing out in a saturated Airbnb market, emphasizing personalized guest experiences and luxury amenities. Katie discusses the importance of high-quality visuals and social media marketing to boost bookings. She also provides invaluable tips for new investors on how to create memorable stays and build a successful property portfolio.
13 snips
Oct 14, 2024 • 33min
Buying Her First Rental (on a Teacher’s Wage) by Looking Beyond Her Backyard w/Lauren Mattina
In this engaging discussion, Lauren Mattina, a dedicated science teacher from New York City, shares her journey of breaking into real estate investing on a teacher’s salary. She reveals how she overcame the challenge of being priced out of her hometown by investing in Oklahoma City. Listeners will learn about choosing out-of-state markets, analyzing rental properties, and building a reliable management team. Lauren also shares how to combat analysis paralysis and make competitive offers, offering valuable insights for aspiring investors.
Oct 11, 2024 • 39min
Cash Flow or Equity: Which One Should Beginners Invest for? (Rookie Reply)
In this engaging discussion, Noah Bacon, a savvy real estate investor and YouTuber known for his "How I Started" series, dives into the classic debate of cash flow versus equity investing. He shares insights on whether beginners should aim for immediate profits or focus on long-term growth. Noah also emphasizes the importance of having sufficient capital for a first rental property and offers advice on transitioning from house hacking. With practical tips on property management and leveraging partnerships, his expertise is invaluable for new investors!
Oct 9, 2024 • 31min
How to Start, Manage, and Scale an Airbnb Business in 2024 (Step-by-Step)
Sara Robinson, a successful vacation rental entrepreneur and wife of Tony J. Robinson, shares their journey of building a profitable Airbnb portfolio. They reveal three essential steps to thrive in the short-term rental market, emphasizing strategic market analysis and clever budgeting for maintenance. Sara discusses the importance of unique property design for guest appeal and the role of data analysis in choosing desirable locations. She also highlights how effective systems streamline management, enabling swift scaling across multiple states.
