Real Estate Rookie

Twenty-nine-year-old real estate investor Dillon Leonard shares his journey of turning to self-storage investing after challenges with residential rentals. He discusses finding financial freedom, scaling his portfolio to 800 units, and achieving $70,000 in gross monthly revenue. Dillon's success story highlights the shift from residential to commercial properties, the advantages of self-storage, and the mindset realizations in his journey.

Learn how to invest in real estate while working full-time, manage troublesome neighbors, and handle tenant agreements with expert advice. Discover tips on time management, necessary documents, and property surveys to succeed in the real estate industry.

Terri-Leigh Huleis, a stay-at-home mom, shares how she built a $600K/year real estate business. She used credit card rewards for home renovations, convinced her spouse to invest, and navigated personal and business challenges. Terri's story includes tips on starting an interior design business, launching an Airbnb property, and building a profitable real estate portfolio. Her journey showcases resilience, creativity, and the power of strategic networking.

Former The Bachelorette contestant, Tyler Cameron, shares his journey of building a $3M real estate portfolio in 3 years. He talks about diving into new construction, lessons learned from mistakes, and investing in Jupiter, Florida. Tyler emphasizes the importance of seizing opportunities, authenticity in the public eye, and the synergy between real estate investments and content creation.

Private money is a “secret weapon” for real estate investing, allowing you to dodge the major banks and fund real estate deals on your terms. But just how easy is it to get this type of funding? The answer might surprise you. You don’t want to miss this masterclass on direct lending! Welcome back to the Real Estate Rookie podcast! Concluding our three-part miniseries on the fundamentals of funding, we’re diving into direct lending with investor and fellow BiggerPockets host Henry Washington. In this episode, he covers the different types of direct lending options that are available to new investors—including private money and hard money—and discusses the many reasons why he uses them to build his own real estate portfolio! Unfortunately, too many investors adopt a scarcity mindset and throw themselves at the mercy of any big bank that might finance their deals. Henry’s about to prove why lenders need YOU more than you might think and teach you how to craft the perfect private lending pitch from that position! He also shows you how to properly vet a lender and shares what you can do today to build relationships with the smaller lenders in your community!In This Episode We CoverHow to obtain private money and get funding on your termsWhy lenders need YOU just as much (if not more) than you need themHard money versus private money (and which type of loan is right for you!)How to properly vet a lender before giving them your businessHow to craft the perfect pitch to a private money lenderThe BEST ways to build relationships with smaller, local lendersAnd So Much More!(00:00) Intro(01:17) What Is Direct Lending?(05:53) Building Relationships(11:55) How to Vet a Lender(20:17) Working with Private Money(28:14) The Perfect Private Money “Pitch”(33:59) What If You Can’t Pay?(40:00) Connect with Henry!Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-410Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

Certified mortgage advisor Jeff Welgan discusses the key steps to getting approved for a mortgage, debunking common misconceptions, and showcasing an easy strategy to build a rental portfolio with little money. He also highlights red flags in lenders, differences between conventional and non-conventional loans, the underwriting process, and predicts future mortgage rates.

Joe Coleman, Investor concierge at BiggerPockets, shares tips on finding the right lender for your rental property. Topics include when to engage lenders, types of loans, comparing loan estimates, and questions to ask to save money. The importance of understanding different lender options and preparing questions for a smooth transaction process is also emphasized.

Aaron Mann shares his journey from renting to buying his first home using house hacking strategy. He discusses Home Path program, financing options, budgeting tactics, and NACA loan program for real estate investing. Learn how he transitioned from paying rent to investing in his own property!

Tony Robinson, owner of a thirteen-unit hotel in Utah, and his wife Sara discuss their commercial real estate deal. They cover topics such as budgeting for a renovation project, managing contractors, self-check-in for a commercial property, and working effectively as a couple in real estate.

Experienced real estate investor Dan Marklin shares how he achieved financial freedom in 3 years by scaling his portfolio from zero to over ninety doors. Topics include cash flow, cash-on-cash return, important data points for analyzing rental properties, real estate horror stories, and overcoming challenges in multifamily property investing.