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
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.
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.
