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
17 snips
Oct 7, 2024 • 40min
8 Rentals in 3 Years While Working a Full-Time Job AND Remote Managing w/Luke Otto
In this enlightening chat, real estate investor Luke Otto shares his remarkable journey of building an eight-unit portfolio in just three years while juggling a full-time job. Luke recounts how a casual conversation ignited his passion for real estate, pushing through the initial fear of investing. He discusses valuable insights on managing vintage home renovations, creative financing strategies like seller financing, and the importance of trust in partnerships. Luke proves that you don’t need to quit your day job to achieve substantial success in real estate.
15 snips
Oct 4, 2024 • 34min
3 Things That Will Kill Your Rental Property Cash Flow (Rookie Reply)
Floods, evictions, and property management nightmares can terrify new real estate investors. Discover why sewer scope inspections are vital to avoid costly repairs. Learn effective tenant screening techniques to minimize eviction risks. The importance of solid property management is emphasized, along with the need for robust reserve funds to tackle unexpected expenses. Personal experiences shed light on navigating these challenges while ensuring positive cash flow. Tune in for practical advice and insights to safeguard your rental investments.
17 snips
Oct 2, 2024 • 30min
Buying His First Rental at 19 by Doing What Most Newbies Are Afraid to Do
Nineteen-year-old Elijah Berg is a young real estate investor who bought his first rental property despite facing challenges in the current market. He shares his journey from learning about financial independence to setting savings goals for a down payment. Listeners will discover the importance of partnering with an investor-friendly agent and overcoming fear to seize opportunities. Elijah emphasizes that time in the market beats timing the market, inspiring newcomers to take the plunge into real estate investing.
Sep 30, 2024 • 39min
Snowballing $20K Into 11 Rental Properties in Under 4 Years
Bryan Field, a rookie investor, transformed a $20,000 investment into eleven rental properties in less than four years. He reveals how relocating to lower-cost areas and leveraging home equity played pivotal roles in his journey. Bryan shares his unique strategies for finding off-market properties and making quick investment decisions. He emphasizes the importance of adaptability in navigating market challenges and provides tips on engaging partners and securing family support in real estate ventures.
14 snips
Sep 27, 2024 • 40min
The “Lazy” Landlord’s Guide to Finding (And Keeping) Tenants & Raising Rents
Dion McNeeley, a self-proclaimed 'lazy investor', shares his ingenious strategies for reducing tenant turnover and ensuring long-term occupancy. He reveals the ‘binder strategy’ that encourages tenants to request rent increases while keeping their satisfaction high. Discover the crucial agreement needed when inheriting tenants and the balance between retaining tenants versus letting them go. Dion’s insights empower investors to become hands-off while still maximizing their rental income, making property management simpler and more effective.
13 snips
Sep 25, 2024 • 40min
7 Properties in 10 Years by Turning 1 Home’s Equity Into an Entire Portfolio
James Likis, an assistant principal turned real estate investor, shares his remarkable journey of acquiring seven properties in just over ten years by leveraging home equity. He reflects on his childhood experiences with house hacking and how this early exposure shaped his investment strategies. The conversation covers navigating long-distance investing, using FHA 203k loans for renovations, and building a winning team to manage properties effectively. James emphasizes the importance of patience and innovative thinking in creating wealth through real estate.
Sep 23, 2024 • 35min
How to Hire a Virtual Assistant for Real Estate Investing for Just $5/Hour w/Valentina Brega
Valentina Brega, an expert in hiring virtual assistants for real estate investing, shares her journey from remote assistant to team leader. She reveals how VAs can free up your time and boost your business for just $5/hour. Valentina emphasizes the importance of delegating tasks, from lead generation to deal closing, especially for rookie investors. Learn practical tips on when to hire, how much it costs, and her essential checklist for vetting candidates. Discover how to scale your real estate portfolio effectively with the right support!
Sep 20, 2024 • 31min
Boost Your Rental Returns with These High-ROI Renovations (Rookie Reply)
Unlock the secrets to maximizing your rental returns with high-ROI renovations. Discover which upgrades can transform your property and boost cash flow. Explore when to pivot investing strategies to adapt to market trends. Learn about the BRRRR method and how to leverage your home equity effectively. Transitioning from short-term to medium-term rentals reveals new revenue potential. Plus, hear insights on understanding risks versus rewards in real estate investments. Engage with the community for support on your investment journey!
13 snips
Sep 18, 2024 • 38min
Passive Investing 101: A Passive Path to Profit, Appreciation, & Tax Benefits
Jim Pfeifer, a seasoned expert in passive real estate investing and host of the PassivePockets podcast, shares his journey from active landlord duties to reaping the rewards of syndications. He discusses the advantages of passive investing, such as diversification and tax benefits, while explaining how to vet syndicators and manage capital calls. Jim emphasizes the importance of education and community in improving investment outcomes and provides insights on navigating the complexities of real estate to maximize financial returns.
Sep 16, 2024 • 41min
The Secret to Scaling Your Real Estate Portfolio That Most Investors Miss w/Kathy & Rich Fettke
Kathy Fettke, a real estate investment expert and co-author of "Scaling Smart," teams up with her husband Rich Fettke, a seasoned entrepreneur in the field. They dive into the crucial difference between growing and scaling a real estate portfolio, stressing productivity through delegation. Discover the number one mistake rookies make when scaling and learn about creative financing strategies. The duo also shares keys to recession-proof investing and innovative approaches like house hacking, all vital for long-term success!
