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
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.
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.
