Want to buy your first investment property? You DON’T need twenty percent down sitting in your bank account. We know; everyone has told you that you need a massive down payment before you buy a property. But did you know that expert investors like Ashley and Tony rarely come to the closing table with their own money? If you know where to find the right funding, you too could buy multiple income properties a year WITHOUT having to scrimp and save up tens, if not hundreds of thousands of dollars! ...
Jul 15, 2023•46 min•Ep. 304
The easiest way to supercharge your real estate portfolio? Host your own real estate meetups to build your network ! If that sounds intimidating, you’re not alone! Many rookies let their lack of experience or fear of no one showing up stop them from tapping into this gold mine of a networking strategy. Today’s guest found it to be the fastest and easiest way to find wholesalers, buyers, and lenders for his real estate deals! Welcome back to the Real Estate Rookie podcast! In this episode, Ashley...
Jul 12, 2023•1 hr 2 min•Ep. 303
100% financing for ALL of your real estate deals ? Without thousands of dollars saved up, many people assume there’s no way for them to invest in real estate . But that’s far from true. Today, you can fund your entire real estate deal —including purchase price , down payment , closing costs , and rehab costs —using other people’s money ! Welcome back to another Rookie Reply ! If you don’t have the funds to invest in real estate, hear Ashley and Tony share their best strategies for getting deals ...
Jul 08, 2023•42 min•Ep. 302
Hiring a contractor doesn’t have to be a guessing game. Most real estate rookies choose the first (or cheapest) contractor that comes their way, but this rarely leads to a home renovation gone right. Instead, you could be looking at tens of thousands in extra costs, poor-quality workmanship, timelines that stretch out months past your projections, and a rental property that almost any tenant will walk away from. So, how do you find the BEST contractors in your area? And what are some signs that ...
Jul 08, 2023•10 min
Significant other not sharing your enthusiasm for real estate ? Maybe you have dreams of buying your first property or going full-time with a real estate business, but your partner isn’t on board. You’re not alone! The truth is that investing in real estate is a huge decision, and couples aren’t always on the same page. Fortunately, there are ways to align your goals and build a profitable real estate business together. In this episode of the Real Estate Rookie podcast, we’re chatting with Zosia...
Jul 05, 2023•53 min•Ep. 301
Huge cash flow after selling most of your real estate portfolio !? Many rookies assume that having more doors equates to more profit, but that’s not always the case. The truth is, if you start identifying the best investing strategy for your property, you can make more cash flow while owning fewer units . Today’s guest has had small and large portfolios alike and has succeeded with both! In this 300th episode of the Real Estate Rookie podcast, we catch up with past BiggerPockets guest, full-time...
Jul 01, 2023•1 hr 12 min•Ep. 300
Want financial freedom? We’re not talking about buying yachts, private planes, or million-dollar sports cars. We mean REAL financial freedom. The freedom that lets you work where you want, when you want , and spend time with the ones that matter most , without having to worry about paying the bills or having enough in the bank to make ends meet. That’s what it means to be financially free. And today, we’re here to help you get even closer to achieving that dream. While Tony and Ashley are living...
Jun 28, 2023•1 hr 11 min•Ep. 299
Losing $100K on one real estate deal !? Is there any coming back from that kind of loss? Unfortunately, real estate investing is not always sunshine and rainbows. Every successful investor has had their fair share of failures. By learning from some of our mistakes, our hope is that new investors won’t have to make them! Welcome back to another episode of the Real Estate Rookie podcast. Today, Ashley interviews Tony about one of his most recent deals that went south. Ultimately, Tony ended up los...
Jun 24, 2023•49 min•Ep. 298
A house hack that covers all living expenses and allows you to travel the world!? Many people dream of making passive income from real estate , but only some take action. After getting her real estate license and immersing herself in the world of investing, today’s guest was chomping at the bit to buy her first property . In this episode, we’re speaking with Olivia Tati —a former chemical engineer turned nomadic real estate investor ! After discovering the freedom and flexibility of working from...
Jun 21, 2023•49 min•Ep. 297
Let’s face it— property management fees aren’t cheap. While you may need to hire a property manager if you’re investing out of state or are unable to self-manage your property , these costs can quickly eat into your profits if you’re not careful. How can you ensure that you’re getting high-quality services for a fair price and keep your overhead under control? Welcome back to another Rookie Reply ! If you’re struggling to pull the trigger on hiring a property management company , we understand w...
Jun 17, 2023•48 min•Ep. 296
A $100K "exotic plant" side hustle to over $2 million in real estate ? The truth is that you can use virtually any side hustle to help kickstart your real estate journey —whether you need capital to invest or want the extra business experience before diving in. While today’s guest may have taken a more unconventional approach to investing in real estate , he now has a portfolio of eight units cash flowing $4,500 each month ! Welcome back to another episode of the Real Estate Rookie podcast! In 2...
Jun 14, 2023•59 min•Ep. 295
Don’t have enough funds for real estate deals ? Today, there’s no excuse. Beyond strategies that allow you to invest in real estate with no money down , you can always start a profitable side hustle and put the earnings towards your next deal. In this episode of the Real Estate Rookie podcast, we’re chatting with Ava Yuergens and Josh Janus —two young entrepreneurs who managed to launch their own profitable side hustles to help fund their first real estate deals . Shortly after Ava and her fianc...
Jun 10, 2023•1 hr 2 min•Ep. 294
Too busy to buy rental properties ? After this episode, you won’t have any more excuses. Brandon and Dani Tilson started building their rental property portfolio just under a year and a half ago and have already acquired six properties while working schedules that would make most people faint. We’re not talking about one job or two; we’re talking about working three jobs while raising a family and self-managing a rental portfolio. So, if you’re working less than eighty hours a week, this is your...
Jun 07, 2023•58 min•Ep. 293
Want to pay ZERO taxes next year? If you own real estate or are building a portfolio, there’s a good chance that you can legally keep your profits away from Uncle Sam . But you’ll need one thing before you can do so. Our own Tony Robinson plans on using this exact strategy to pay $0 in taxes for this most recent tax year. So, why aren’t all real estate investors doing this? And where do you find the income-tax-free-genie who can help you make your tax burden magically disappear? It’s Saturday, s...
Jun 03, 2023•42 min•Ep. 292
Who knew living for free could be as simple as house hacking and renting rooms out to a few college friends? Today’s guest was able to generate enough monthly income from his first real estate deal to cover his mortgage payment each month—and then some! Welcome back to another episode of the Real Estate Rookie podcast! Ryan Hughes’ real estate investing journey started at the age of fourteen, when his father allowed him to go in on a real estate deal. Naturally, Ryan was ready and eager to start...
May 31, 2023•55 min•Ep. 291
Want to know how to use your home equity to buy your next rental ? You could be sitting on tens of thousands in potential funds that’ll make saving for the down payment MUCH easier. But first, you’ll need to know how much equity you have , the amount you can pull out, and whether or not a HELOC (home equity line of credit) is even worth it . So, if you’re itching to get your next deal faster , stick around! Ashley and Tony will give you the info you need to take your money and multiply it! Welco...
May 27, 2023•46 min•Ep. 290
A glamping site might sound like a fun real estate investment idea, but how feasible is it? Does it offer enough cash flow potential as a short-term rental property ? How do you get a building permit for a unique structure like a geodesic dome !? Today’s guest managed to launch the very first glamping site in his area and make some killer cash flow, but not without jumping a few hurdles along the way. In this edition of the Real Estate Rookie podcast, we pick the brain of award-winning music pro...
May 24, 2023•1 hr•Ep. 289
Want a better rental property loan ? You’ve probably tried talking to banks, brokers, and residential lenders about growing your real estate portfolio , only for them to hit back with W2, income, and credit score requirements. Is there a loan that gets around these conditions for those that are hard to fund? What if you have a rock-solid real estate deal but no nine-to-five income to show to a bank? Well, there’s one type of funding you’ve probably never heard of , and real estate investors nati...
May 20, 2023•38 min•Ep. 288
A 36% return on your FIRST rental property ? In today’s housing market? That sounds almost impossible. With more and more inventors struggling to find a cent of cash flow and home prices still so high , how does a real estate rookie walk away with a deal most investors could only dream of? The answer lies within Danielle Daly ’s strategy, and it’s one that most people would be too picky to repeat. But, if you have the ingenuity to do what she did, you could live for free in an expensive market, ...
May 17, 2023•1 hr 4 min•Ep. 287
Using your real estate business to fund your DREAM vacation—with all or most expenses paid!? As a real estate investor , handling large amounts of money for materials , rehabs , and other expenses has its benefits. Today, we’re excited to talk about a simple but clever debt strategy that real estate rookies often overlook. Welcome back to another Rookie Reply ! If you’re looking to take advantage of the many benefits of real estate investing , tune in as Tony and Ashley share how they use credit...
May 13, 2023•37 min•Ep. 286
Buying your first long-term rental property sight unseen ? What could go wrong? While alarms might be going off in your head right now, they weren’t for today’s guest. What seemed like the “perfect” rental property turned into a major headache once he arrived to check it out four months after closing. Welcome back to another episode of the Real Estate Rookie podcast! After completing multiple wholesale deals , Hudson Jump’s real estate investing journey was off to a blazing start. He figured it ...
May 10, 2023•56 min•Ep. 285
Still waiting to buy your first rental property ? Everyone’s been there. It can be nerve-racking not knowing where to buy , what makes a “ good deal ,” and whether or not all your hard work will go to waste. Even investing experts like Ashley and Tony were nervous about taking their first step, which is exactly what they’ll walk through on today’s episode! If you’re a rookie sitting on the sidelines, waiting to get into real estate, this is the episode for you! Welcome back to another Rookie Rep...
May 06, 2023•45 min•Ep. 284
Over $1 million in real estate with $0 down —at 19 years old!? After reading the book Rich Dad Poor Dad and catching the real estate “bug,” today’s guests went from broke college dropouts to real estate investors with three multifamily properties to their names in a matter of months . In this edition of the Real Estate Rookie podcast, we’re speaking with real estate duo Caleb Hommel and Chuck Sotelo . After his parents dealt him a six-month ultimatum to figure out real estate and move out, Caleb...
May 03, 2023•42 min•Ep. 283
How important is the real estate market you’re investing in? You could be searching for deals for months, not finding anything worth buying, and may want to call it quits. But are you following the same steps that expert investors practice, or are you hoping a new housing market will magically give you the deals you need ? If you’re struggling to find property with a profit in your housing market , today’s episode will help you out! Welcome back to another Rookie Reply ! In this episode, we tack...
Apr 29, 2023•45 min•Ep. 282
How do you bounce back after waiving inspections , finding out your $100K rehab costs are actually $360K , losing your earnest money deposit , and ultimately having to walk away from your very FIRST real estate deal ? Today’s guest had a rocky start to his real estate investing journey (to say the least!), yet was able to find the silver lining, learn from his mistakes, and turn his bad fortunes around. In this episode of the Real Estate Rookie podcast, we’re speaking with Michael Yi, a “retired...
Apr 26, 2023•59 min•Ep. 281
Everyone wants to know how to invest in real estate with no money . And surprisingly, it’s much more straightforward than people think. You don’t need to be a real estate investing expert or have dozens of units under your belt already to buy a rental without cash or credit . As Pace Morby puts it, all you need is the right tools in your tool belt. The rest will take care of itself! So stick around if you want to learn how Pace picks up properties with NO money down, NO credit checks, and NO cas...
Apr 22, 2023•55 min•Ep. 280
Feel like you’ve already made a few blunders to kick off your real estate investing journey ? Well, you’re in great company. Most real estate rookies make their fair share of investing mistakes right before they figure things out and go on to build successful investing careers. Today’s guests are living proof of this. After a series of failed house flips (including one that involved his family home!) put him behind the eight ball, JP Desmet ’s real estate career was almost over before it had eve...
Apr 19, 2023•1 hr 9 min•Ep. 279
A FSBO (For Sale By Owner) seller wants to move forward with your offer—that’s great news! But first, they have asked you to pull comps (comparable sales). Believe it or not, this is something you can use to your advantage. Of course, you’ll need to know where to find comps and how to estimate rehab costs so that you can defend your offer. Thankfully, Ashley and Tony are back with some of their best tips yet. Welcome back to another Rookie Reply! Negotiating a FSBO sale can be a little intimidat...
Apr 15, 2023•41 min•Ep. 278
You don’t need to look very far to find a real estate success story , but it’s not every day that you hear from someone who is currently in the trenches of their very first real estate investment . The truth is that there are all types of hurdles to overcome during an investing journey , and today, you’re going to hear from someone who is still in the thick of it. For years, interior designer Sara Plaisted dreamed of investing in real estate. But like many real estate rookies , analysis paralysi...
Apr 12, 2023•48 min•Ep. 277
Learning how to get into commercial real estate investing seems like a challenging task. With so much industry-specific verbiage and vocabulary like cap rates, pro formas, NOI, triple net, and more, a rookie real estate investor can seem put off by the seemingly tricky world of commercial real estate . But what if we told you that finding, buying, and making money from commercial real estate was much easier than residential real estate ? What if you could build wealth quicker , buy more valuable...
Apr 08, 2023•55 min•Ep. 276
