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
Aug 9, 2024 • 39min
Rookie Reply: How to Screen Tenants for Free & When to Cash-Out Refinance
Discover how to screen tenants for free and effectively without relying on costly property managers. Learn about house hacking to maximize your cash flow and creative ways to increase rental income. Delve into the pros and cons of cash-out refinancing amidst rising interest rates, and explore essential tips for navigating tenant eviction. Uncover legal intricacies surrounding tenant regulations and responsibilities, and gain insights into safeguarding your rental property with smart strategies.
Aug 7, 2024 • 24min
441: Turning $5,000 Into 50+ Doors and a 7-Figure Net Worth Before the Age of 30 w/Cody Caswell
Cody Caswell, a dynamic young investor who began his real estate journey at just 16 with a $5,000 investment, shares his remarkable success story. He reveals how that first deal launched him into a thriving career of flipping 15 houses annually and managing 56 units. Cody discusses effective strategies for buy-and-hold investments, the BRRRR method, and the importance of quality renovations. He emphasizes that starting small can lead to significant growth and success in real estate, all while avoiding common pitfalls.
Aug 5, 2024 • 43min
BiggerPockets Real Estate Episode 1,000: Real Estate Is Changing, and So Is BiggerPockets
Celebrating a milestone, the hosts introduce changes aimed at enhancing content quality and focus on authentic real estate investing. They discuss the evolving landscape of real estate, particularly in a high-interest rate environment, emphasizing creativity in investment strategies. Key insights include the importance of house hacking and the use of innovative tools like Deal Machine for off-market deals. The episode also differentiates between local and remote investing strategies, highlighting operational efficiency as a key to profitability.
Aug 2, 2024 • 49min
440: Rookie Reply: Rent-Raising Renovations, the 1% Rule, & Quitting Real Estate
Feeling overwhelmed by real estate ownership? Discover strategic renovations that can significantly raise your rental income. Learn about the one-percent rule—what it means for your investment decisions, and why it might not be a deal-breaker. Explore the advantages and disadvantages of turnkey properties before making that purchase. Plus, hear tips on when it might be time to sell your rental and how to manage the emotional rollercoaster of being a property owner. Gain fresh insights to help you thrive in real estate!
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!
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.
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.
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.
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.
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.
