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
Dec 2, 2024 • 40min
7 Deals in 5 Years by Doubling Down on Rentals in a Tough Housing Market
In this episode, Ryan Irwin, a tenacious real estate investor, shares his journey from fitness to real estate, completing seven deals in just five years. He discusses seizing opportunities even in a challenging market, emphasizing networking and accountability groups. Ryan reveals his strategies for increasing cash flow and the importance of hiring virtual assistants to streamline operations. With a focus on achieving financial freedom through a manageable portfolio, he inspires listeners to take calculated risks in their own investing journeys.
Nov 29, 2024 • 36min
How to Maximize Your Rental Income on a Single Property (Rookie Reply)
Explore if you should sell or hold onto your rental property, considering factors like capital gains tax and tenant stability. Discover creative strategies like house hacking and renting by the room to boost your income. Learn about refinancing options and 1031 exchanges for tax benefits. Find out the importance of cash-on-cash return metrics for financial goals. Dive into using HELOCs for investments while understanding associated risks and market conditions.
15 snips
Nov 27, 2024 • 43min
How Much Real Estate Did We Buy in 2024? (Deals, Mistakes, and More)
Dive into a rollercoaster year in real estate with tales of triumphs and blunders! Discover the pitfalls of hiring the wrong agents and contractors, and why one investing strategy was left behind. Hear how personal goals were met, or missed, amidst a tumultuous market. The hosts share insights on the importance of mentorship in hiring and reflect on lessons learned from challenging flips. As they brace for 2025, they emphasize resilience and community in the ever-changing landscape of real estate.
16 snips
Nov 25, 2024 • 44min
How I’m Flipping 12 Houses (at Once!) All While Traveling
Dominique Gunderson, a dynamic real estate investor who began her journey at 17, shares her success story of completing over 100 deals by 27. She discusses the transition from wholesaling to flipping houses remotely, particularly in New Orleans. Dominique reveals her strategies for building an out-of-state team, estimating rehab costs, and managing renovations from afar. She also highlights the importance of networking and local insights while addressing current market trends and challenges for flippers.
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.
