Real Estate Rookie

Should you STOP buying rentals? How do you structure a seller financing deal? Can you invest out of state without a property manager? Whether you’re looking to improve your cash flow or buy a property without the bank, there’s something for you in today’s Rookie Reply!Our first question comes from an investor who is looking at a potential seller financing opportunity. Should they make multiple offers? How should they structure terms? Tune in to hear the tips Ashley and Tony have used to get low-money-down seller financing in the past!Next, we’ll hear from an investor whose real estate portfolio is barely breaking even. We’ll discuss whether they should stop buying rentals, but we’ll also dive into their assets and see if there’s an even easier (and more passive) way to build wealth with real estate!Finally, is there a cost-effective way to manage your properties from afar while still having boots on the ground to handle things like showings and move-in inspections? Ashley has some outside-the-box ideas you could try!Looking to invest? Need answers? Ask your question here!In This Episode We Cover:How to reach your real estate investing goals without buying more rentalsHow to pitch seller financing (and negotiate terms) when buying propertyWhether you should make multiple offers on the same property (and how to do it)Building wealth through passive real estate investing opportunitiesHow to leverage your retirement accounts to invest in real estateHow to manage rental properties when investing out of stateAnd So Much More!Links from the ShowAshley's BiggerPockets ProfileTony's BiggerPockets ProfileJoin BiggerPockets for FREEReal Estate Rookie Facebook GroupReal Estate Rookie YouTubeFollow Real Estate Rookie on InstagramAsk Your Question for a Future Rookie Reply“Like” Real Estate Rookie on FacebookPropStreamBuy the Book “Start with Strategy”Sign Up for the Real Estate Rookie NewsletterFind an Investor-Friendly Agent in Your AreaWhich Real Estate Investing Strategy Is Best for Your Goals?(00:00) Intro(00:32) Seller Financing 101 (11:14) STOP Buying Rentals? (21:50) Managing Rentals from Afar(24:20) Ask Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-532Interested 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

Join real estate investor Luke Carl, who brings a wealth of experience and a fresh perspective on investing strategies for beginners. He shares how to navigate the current housing market on a salary of $75K or less. Discover Luke's recommendations for targeting fixer-uppers and the benefits of creative financing options, like the NACA loan. The conversation also dives into house hacking strategies, the importance of mentorship, and tips for managing rentals effectively—all tailored for new investors looking to make their mark.

Joe Escamilla and Sam Farman, college teammates turned savvy real estate investors, reveal their remarkable journey of amassing a 17-unit portfolio in just three years using the innovative delayed BRRRR strategy. They discuss the importance of having the right partner in real estate investment and share their insights on navigating market challenges, particularly during high interest rates. With a focus on strategic deal finding and effective communication with investors, they illustrate how to leverage private capital to build a successful rental portfolio.

Garrett Brown, a real estate expert from the BiggerStays YouTube channel, joins to explore the best beginner-friendly markets for rental properties in 2025. He shares insights on emerging locations like Texas and Ohio, emphasizing the importance of choosing the right investment strategy before purchasing. The discussion unveils secrets to scaling a portfolio without hefty down payments and highlights the value of stabilizing properties over simply expanding. Whether you're inclined towards short-term rentals or long-term investments, the tips shared are set to guide new investors towards success.

In this episode, real estate investor Avery Carl, who built a portfolio of 250 rental units in just five years, reveals her secrets for uncovering hidden deals. She discusses how to identify undervalued properties by spotting listing errors and potential opportunities in current market conditions. Avery also explains why investing in saturated Airbnb markets can be more beneficial than venturing into untested areas. Plus, learn tips on how to creatively enhance your rental's appeal with smart decor choices!

Brianne and Doug Hamilton, real estate investors who transformed their financial future through the BRRRR method, discuss their journey to six rental properties and over $75,000 in annual cash flow. They dive into the advantages of networking and the significance of a solid tenant screening process. The couple also shares how they turned a family cottage into a profitable short-term rental, emphasizing the importance of adaptive strategies and strong community engagement in achieving real estate success. It's an inspiring tale that proves it's never too late to invest!

Mindy Jensen, co-host of the BiggerPockets Money Podcast and a seasoned real estate investor, joins the discussion on investment choices for 2025. The conversation dives into whether to prioritize real estate or stocks and reveals clever strategies to leverage both. They tackle how to build credit for mortgage approval and debunk myths surrounding credit repair companies. Mindy also emphasizes the necessity of having multiple exit strategies while navigating tricky investment situations. Tune in for practical tips and creativity in making your money work!

In this discussion, real estate expert J Scott, author of "The Book on Negotiating Real Estate," shares invaluable insights into mastering negotiation skills for buying rental properties below market value. He emphasizes the importance of building relationships over adversarial tactics, encouraging listeners to understand sellers' motivations. J also addresses the fear of lowball offers, revealing strategies to foster rapport and create win-win situations. Discover how to make your offer stand out and navigate negotiations like a pro!

Seamus Nally, a savvy real estate investor, scaled to sixteen rental units using the BRRRR method and strategic partnerships. He shares his journey of transforming off-campus housing into a successful duplex and how teamwork with family helped fast-track his first deal. Learn how to leverage the BRRRR strategy to fund multiple properties, the importance of community among tenants, and tips for effective property management. Seamus also emphasizes the power of partnerships in navigating the complexities of real estate investing.

Cash flow is becoming a challenge for investors in the current market, prompting innovative strategies to maximize returns. Learn how to manage rental properties effectively from afar, covering everything from showings to inspections. Key tips on leveraging equity for future purchases are shared, alongside insights on whether to pay off an existing rental or buy more. Discover essential negotiation tactics when dealing with repairs, ensuring you're prepared to navigate the complexities of real estate transactions!