Real Estate Rookie

BiggerPockets
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6 snips
May 10, 2024 • 36min

404: Rookie Reply: The Rental Property Expenses You CAN’T Afford to Miss

Learn how to budget for rental property expenses, set cash flow requirements, benefits of real estate investing partnerships, tax implications of LLCs, distinguishing capital expenditures from repairs, and balancing cash flow in rural investments.
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May 8, 2024 • 42min

403: House Hacking Blunder to $2.7 Million in Small Multifamily by Doing THIS w/Sean Reischel

Sean Reischel shares how a house hacking mishap led to $2.7 million in small multifamily properties. He discusses analyzing deals, forming partnerships, navigating challenges, and identifying lucrative markets like Salt Lake City and Louisville. Sean emphasizes taking action, leveraging creative financing, and celebrating success in real estate investing.
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May 6, 2024 • 47min

402: The “Domino Effect”: How to Build an Entire Portfolio from ONE Property w/Rob Schou

Real estate investor Rob Schou shares how he built an entire portfolio from one property by starting side hustles and mastering DIY renovation. He discusses the 'domino effect' of one deal leading to more, finding the right market, lucrative side hustles, and diving into new construction. Learn about funding down payments, choosing a niche, and having multiple exit strategies for profitable real estate deals.
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10 snips
May 3, 2024 • 46min

401: Boost Your Cash Flow in 2024 with These “Self-Management” Tips w/Amelia McGee and Grace Gudenkauf

Seasoned investors Amelia McGee and Grace Gudenkauf share valuable insights on self-managing rental properties to boost cash flow and reduce costs. They discuss misconceptions, financial perks, effective tenant management strategies, and the importance of establishing efficient systems. The episode offers practical tips for both new and experienced real estate investors looking to make property management more passive.
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May 1, 2024 • 35min

400: Rookie Investor? Never Make This $40,000 Mistake w/Dave Meyer

Experienced real estate investor Dave Meyer shares how a property management mistake cost him $40,000. Topics include signs to fire a property manager, contract clauses affecting cash flow, and avoiding costly errors in real estate investments.
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Apr 29, 2024 • 36min

399: $80,000/Year Cash Flow & Financial Freedom with 7 Properties (in 3 Years!) w/Sarah Msuya

Sarah Msuya achieved financial freedom through real estate, acquiring 7 properties in 3 years. She discusses generating $80,000 in cash flow, house hacking, scaling through partnerships, and utilizing the BRRRR method. The episode highlights finding the best strategy, covering mortgage payments, and property management strategies for rental properties.
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4 snips
Apr 26, 2024 • 49min

398: 3 Steps to Buying Your First (or Next) Small Multifamily Property

Learn the 3 beginner steps to start investing in small multifamily real estate. Discover why it's a great choice for rookie investors, how to achieve financial independence faster, and overcome challenges. Get expert guidance on purchasing small multifamily properties, deal analysis, and utilizing tools for success. Explore the profits and process of investing in duplexes and triplexes, along with strategic deal analysis using calculator tools.
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Apr 24, 2024 • 42min

397: The BEST Ways to Protect Your Rental Property and Keep Your Tenants Safe w/Eileen Daugherty

Property management consultant and investor Eileen Daugherty shares her real estate horror story of a tenant being stalked and hacked. She emphasizes the importance of landlord best practices for tenant safety, such as security upgrades and VPNs. The episode also discusses investing in Asheville, NC and the challenges of neighborhood nightmares.
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Apr 22, 2024 • 54min

396: 5 Real Estate Deals Using Other People’s Money w/Darnell Leslie

Former pro football player turned real estate investor Darnell Leslie shares how he used other people’s money to fund 5 real estate deals. He discusses structuring private money agreements, multiple exit strategies, and the importance of trust with investors. Darnell provides tips on raising private money, pitching real estate deals, and optimizing investments with OPM.
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Apr 19, 2024 • 36min

395: Rookie Reply: Using a Car as a Down Payment (!?), ADUs, & House Hacking 101

Topics include house hacking, ADU additions, creative down payment methods, buying abandoned houses, dealing with squatters, and financial management strategies in real estate investing.

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