Real Estate Rookie

BiggerPockets
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Jul 31, 2024 • 37min

439: Real Estate Bookkeeping: A Crash Course for Getting Your Financials in Check w/Sarah Bratcher

In this engaging discussion, CPA Sarah Bratcher shares her expertise in real estate bookkeeping. She reveals the top five must-know tips for rookie investors to keep their financials in check. Sarah clarifies the roles of CPAs, bookkeepers, and financial planners, helping listeners make informed hiring decisions. She highlights the dangers of commingling personal and business finances and offers a straightforward solution. Plus, learn how to choose the right accounting software and identify red flags when selecting a CPA!
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Jul 29, 2024 • 46min

438: House Flipping 101: How to Find Deals, Vet Contractors, & Manage a Rehab w/Sean & Ann Wayne

Sean and Ann Wayne, a dynamic husband-and-wife real estate investing duo, share their journey from completing twelve deals to tripling their output in just three years. They dive into essential house flipping strategies, highlighting the crucial role of design proposals in managing renovations. Discover tips for budgeting, sourcing materials, and navigating contractor relationships. The Waynes also discuss common rookie mistakes and the importance of clear roles within a real estate business, all while balancing creativity with practical constraints.
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Jul 26, 2024 • 35min

437: Rookie Reply: What EVERY Rookie Must Learn Before Investing in Real Estate

Tips for rookie real estate investors on market analysis, up-and-coming neighborhoods, saving money on renovations, and when to hire a bookkeeper. Recommendations on essential real estate books, leveraging business credit cards, and the importance of persistence and problem-solving in real estate investing.
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8 snips
Jul 24, 2024 • 41min

436: “Snowballing” to 12 Doors in 4 Years & Replacing TWO Six-Figure Salaries w/Emily Love

Former engineer Emily Love shares how she and her husband transitioned to real estate to achieve financial freedom. They replaced two six-figure salaries with a portfolio of 12 doors in just 4 years. Learn about reverse-engineering cost-of-living goals, scaling a real estate portfolio, and creating multiple streams of income in the real estate business.
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Jul 22, 2024 • 47min

435: Transforming a Risky First Rental Into a Profitable Property by Doing THIS w/Noreen & Derek Eddy

Real estate power couple Noreen & Derek Eddy discuss their journey of turning a distressed multifamily property into a profitable investment. They share insights on utilizing low-money-down loans, finding rare deals in a competitive market, managing tenants while living on-site, and the benefits of house hacking. A story of overcoming challenges and achieving success in real estate investing.
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Jul 19, 2024 • 39min

434: Rookie Reply: Buying Your NEXT Rental & How to Save a Fortune on Renovations

Learn how to save money on renovations with investor hacks, manage contractors from afar, make informed decisions on buying rental properties, and explore the benefits of rent-by-the-room strategy in real estate investing. Get tips on sourcing materials, setting expectations for tenants, remote renovation management, and leveraging online forums for networking and advice.
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Jul 17, 2024 • 49min

433: The Million-Dollar Real Estate Business YOU Can Start Today with Just $150 w/Brittany Hailey

Brittany Hailey shares how she built a million-dollar real estate business starting with just $150 by converting a mother-in-law suite into a successful Airbnb. She discusses scaling the business, managing properties while dealing with health issues, and offering design services to maximize revenue. Listen to learn how to start a vacation rental management company with little money and grow it into a lucrative enterprise.
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Jul 15, 2024 • 39min

432: From Losing Her Health, Home, & Marriage to Chasing Financial Freedom (5 Doors!)

Bella and her daughter River share their journey from adversity to financial freedom through real estate investing. They discuss strategies for vetting contractors, screening tenants, and managing their portfolio. The duo aims to achieve financial freedom in the next five years with their small portfolio of three properties and five doors.
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Jul 12, 2024 • 37min

431: Rookie Reply: Build Your Portfolio OR Pay Off Debt & Tenant Conflict 101

Learn about handling tenant conflict, negotiating repairs, deciding between building a portfolio or paying off debt, and managing short-term rental cancellations in this entertaining real estate podcast episode
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Jul 10, 2024 • 36min

430: My Rental Burned Down! What I Wish I Knew Before It Happened w/Aaron Sallade

Real estate expert Aaron Sallade shares his experience when his rental property burned down, discussing the importance of requiring renters insurance, filing property insurance claims, and navigating the aftermath. He offers valuable tips on working with restoration and insurance companies post-fire, making decisions on rebuilding or selling the property, and handling the financial implications. The podcast also emphasizes the significance of tenant insurance and umbrella policies in real estate investing.

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