If a potential tenant approaches you about Airbnb rental arbitrage , you may wonder if there’s a catch. Are you responsible for damages ? What if you encounter a noisy guest ? As a landlord , there are all kinds of pros and cons you need to consider before letting someone else lease out your home . But, not to worry—our hosts are here to spell them out! Welcome back to the Real Estate Rookie podcast ! In this episode, Ashley and Tony deliver some critical advice to landlords . In addition to ren...
Oct 28, 2023•44 min•Ep. 334
Your real estate business has come across a little money. Maybe you’ve just sold an investment property for a large profit or increased your W2 income . In any case, how should you go about investing your small fortune? Like any investor, you want your money to help you scale your real estate business faster. Today’s guest is here to lend a hand! Welcome back to the Real Estate Rookie podcast ! Usually, Ashley and Tony are the ones asking the questions, but in this very special episode, THEY are...
Oct 25, 2023•57 min•Ep. 333
First rental property ? Security deposits , credit checks , and home renovations can seem DAUNTING when it’s your first real estate rodeo. How much do you charge, which tenant do you select, and will refreshing the grout allow you to double your passive income ? These are just some of the questions you’ll have before you collect your first rent check . But don’t worry about answering them yourselves; we have the experts to help! Welcome to this week’s Rookie Reply ! If you’re just starting your ...
Oct 21, 2023•41 min•Ep. 332
Your first rental property is the hardest ; trust us on that. You go through SO many strategies , different markets , and emotions throughout the process. Most wannabe investors get fed up and quit before they can build any real wealth, but those with a strong reason behind their dreams of rental property ownership make it and seldom regret it. Lyrva Sanchez ’s “why” was taking care of her two boys while being present as a single mom . Shortly after her separation, Lyrva knew she didn’t want to ...
Oct 18, 2023•53 min•Ep. 331
When done well, home renovations can help you make a SERIOUS profit on your properties . Whether it’s a simple fix or a complex rehab , having a few systems and processes in place will go a long way toward ensuring your success. The best part? Any rookie can implement them! Welcome back to the Real Estate Rookie podcast ! Today, we’re chatting with graphic designer turned full-time investor , Serena Norris . After a friend introduced her to the book Rich Dad Poor Dad , real estate quickly became...
Oct 14, 2023•1 hr 6 min•Ep. 330
Buying a rental property for just eighty bucks ? There’s no way that’s possible. How can you close on a rental for the same amount of money it takes to fill up a tank of gas? Surprisingly, one type of mortgage lets you come to the closing table with no money down , no PMI (private mortgage insurance), and, if you play your cards right, (almost) no closing costs. Clint Campbell even used it on his recent house hack. Thanks to serving in the military, Clint had his college paid for by Uncle Sam. W...
Oct 11, 2023•55 min•Ep. 329
If you dream of becoming a successful real estate investor , there are three “pillars” of wealth you must build in your own life. What are these keys to financial freedom ? Well, fortunately, today’s guest has written an entire book about them! Welcome back to the Real Estate Rookie podcast ! Today, we’re speaking with none other than David Greene —host of the BiggerPockets Real Estate podcast and author of SIX top real estate investing books—the latest of which is titled Pillars of Wealth . Far...
Oct 07, 2023•1 hr 1 min•Ep. 328
In just a few years, you can go from no cash flow or investing experience to owning a sizable real estate portfolio , with passive income flowing in and free rent, EVEN if you’re in your early to mid twenties . Not possible? Today’s guest would beg to differ. Welcome back to the Real Estate Rookie podcast ! Today, we’re chatting with investor Noah Sprimont , who has had quite the real estate journey to date. Noah became obsessed with the idea of reaching financial freedom through real estate whi...
Oct 04, 2023•1 hr 2 min•Ep. 327
Finding off-market real estate deals can be a great way to kick off your investing career , as it requires very little money to get started . The catch? You must be willing to get your hands dirty. Welcome back to the Real Estate Rookie podcast ! Today, we’re chatting with real estate wholesaler Nate Robbins . After a long and successful career in banking, Nate was beginning to feel burnt out and frustrated with life. As fate would have it, he ran into Tarl Yarber —one of the most successful rea...
Sep 30, 2023•58 min•Ep. 326
You can retire with rental properties faster than you think. That’s right, toss out the “wait until I’m sixty-five and HOPE I have enough” mentality. That might be okay for most Americans, but it’s NOT okay for YOU. You want passive income flowing in so you can spend time with your family and friends and live a life you love. If you’re going to get there, you better take advice from Sam Dolciné . A few years ago, Sam calculated his retirement savings and realized he wasn’t even CLOSE to what he ...
Sep 27, 2023•57 min•Ep. 325
Creative financing can be a powerful tool to help you get YOUR first property in the bag. In this episode, Ashley and Tony explain the biggest differences between hard money , private money , and traditional lending , as well as which options will make your offer irresistible to a seller! Welcome back to another Rookie Reply ! If you need capital for a new deal , you might consider partnering with a parent . Of course, like any investing partnership , it’s critical that you structure it properly...
Sep 23, 2023•45 min•Ep. 324
Completing ten real estate deals in only eighteen months might seem ambitious for a rookie investor , but today’s guest had no choice after experiencing a MAJOR loss of income . In this episode of the Real Estate Rookie podcast , we’re chatting with fitness mentor, professional stuntman, and new investor Matt Ramirez . Between his thriving health business and steady television stunt work, Matt and his family were in a good place financially. Then 2020 hit. With stay-at-home orders and the film i...
Sep 20, 2023•55 min•Ep. 323
Your new Airbnb is set up and ready to go. You’re just finishing up the welcome gift and slipping in a bottle of wine as a pleasant surprise for your guest. Oops… you might have just put yourself in a BAD position . On this week’s Rookie Reply , Ashley and Tony are getting into the moral muddiness of including boozy gifts in your welcome package , how to account for your mortgage interest expense, and when you should (and shouldn’t) buy a property in an LLC . You’ve got the real estate questions...
Sep 16, 2023•40 min•Ep. 322
If your end goal is financial freedom , investing in real estate is one of the best ways to get there. But, if you want to reach that goal sooner rather than later, you may need to leverage several strategies at once. Today’s guests were able to fast-track their journey to financial freedom by doing just that! In this episode of the Real Estate Rookie podcast , we’re chatting with husband-and-wife real estate duo Joe and Andrea DelGrosso . Their investing journey started back in 2016 when they b...
Sep 13, 2023•49 min•Ep. 321
We know what you want: more profit while working less in your real estate business . As a rookie , investing in real estate can sometimes seem like more trouble than it’s worth. But, a few simple adjustments can take HOURS off your plate while making you more money than you can imagine, as today’s special guest will demonstrate! Welcome back to the Real Estate Rookie podcast ! In this episode, we’re joined by Mike Michalowicz —serial entrepreneur, business coach, and multi-time best-selling auth...
Sep 09, 2023•52 min•Ep. 320
Getting into real estate development with low money down !? Many rookies assume that you need more money to develop, but there are a variety of ways to fund these projects . It all depends on how creative you’re willing to get! Today’s guest learned quickly that you don’t need a huge pile of cash to start building your own properties . Welcome back to the Real Estate Rookie podcast ! Today, we’re chatting with Terry Harris —a former professional basketball player turned real estate developer . W...
Sep 06, 2023•1 hr•Ep. 319
Don’t have the capital OR credit to invest? Seller financing is a powerful tool that could allow you to score multiple real estate deals without ever going through a bank. The best part? You can create your own terms ! You just need to put together an effective pitch that wins the seller over . Today, we’ll show you how! Welcome to another Rookie Reply ! In addition to seller financing, Ashley and Tony cover several CRUCIAL real estate topics in this episode—from critical first steps to take bef...
Sep 02, 2023•45 min•Ep. 318
Growing a real estate business with multiple rentals and HUGE cash flow…in just two years!? How do you get so many deals done in such little time? Simply by putting one foot in front of the other, today’s guest was able to create a sizable portfolio in no time—allowing her husband to quit his job in the process! Welcome back to the Real Estate Rookie podcast! Today, we’re chatting with Mackenzie Brogdon, a wife, mother, realtor, and investor who managed to lock up seven deals in just two years—w...
Aug 30, 2023•51 min•Ep. 317
Your tenant is breaking their landlord tenant lease agreement . What now? Do you go after the money or eat the loss? Depending on the amount, it may not even be worth the trouble. Either way, perhaps the more important question to ask is, “How can I prevent this from ever happening again?” Welcome back to another Rookie Reply ! Broken leases are a pain to deal with, but in this episode, Ashley and Tony offer up the “magic words” that could save you the headache. They also talk about partnerships...
Aug 26, 2023•35 min•Ep. 316
Going from house poor to earning HUGE cash flow and building a real estate empire ? The journey to wealth through real estate was no walk in the park for today’s special guest. After figuring out that someone else would actually pay his mortgage for him , however, it became a whole lot easier! Welcome back to the Real Estate Rookie podcast ! Today, we’re joined by none other than Rob (Robuilt) Abasolo —investor, YouTuber, and co-host of the BiggerPockets Real Estate podcast . Born to first-gener...
Aug 23, 2023•1 hr 5 min•Ep. 315
Are mortgage points really worth it? In many cases, they can save you money on a loan. But be careful; that lower rate might not be worth the cash you put up! It’s important to run the numbers before doing a mortgage buydown , and our trusted hosts are here to show you how! Welcome to this week’s Rookie Reply ! In this episode, Ashley and Tony talk about mortgage points and when they make sense for real estate investors . They also discuss cash-out refinancing in depth—how much you can pull from...
Aug 19, 2023•45 min•Ep. 314
No real estate investing journey is ever sunshine and rainbows, but some are certainly more difficult than others. Many rookie investors are either so fearful of making a mistake that they experience “ analysis paralysis ” or are so eager to own property that they rush into several costly mistakes . Today’s guest fell into the latter camp! Welcome back to the Real Estate Rookie podcast ! Today, we’re joined by Tyrin Tyson , a travel nurse who made his fair share of mistakes on the way to his fir...
Aug 16, 2023•1 hr 6 min•Ep. 313
You recently submitted an offer on a house , but you haven’t heard back from the seller. Now what? As an eager rookie investor , the waiting game can be painful. You may already have an eye on other properties but need the capital to invest . Should you withdraw your original offer ? Fortunately, Ashley and Tony have a few helpful tips to make your decision a little easier. Welcome back to another Rookie Reply ! In this episode, our hosts tackle several important topics—including when to pull an...
Aug 12, 2023•35 min•Ep. 312
Some simple DIY investing hacks could save you thousands of dollars. But, as a rookie, the thought of tackling your own home renovation projects might be a little intimidating. Bringing sweat equity to a deal, however, can help you save a ton of money and even make you more valuable in a partnership . In this episode of the Real Estate Rookie podcast , we’re chatting with Shaun Kelly , whose road to real estate investing was anything but fast or easy. Shaun spent nine years in the analysis paral...
Aug 09, 2023•54 min•Ep. 311
Do you really need a real estate partnership for your deals? What are the benefits, and do they outweigh the risks? Well, it depends. The truth is that, while great partnerships will deliver value to both sides , bad partnerships will turn belly-up in no time. Welcome a very special edition of the Real Estate Rookie podcast , where our hosts, Tony and Ashley, talk about their latest book, Real Estate Partnerships . There are several reasons why a rookie investor might benefit from having a partn...
Aug 05, 2023•1 hr 5 min•Ep. 310
A small real estate portfolio that replaces your entire W2 income !? Many rookies assume that becoming a full-time investor is only possible after amassing a large portfolio with dozens of properties , but that’s not the case. Today’s guest was able to meet his family’s monthly income goals with only six rentals! In this episode of the Real Estate Rookie podcast , we’re speaking (in person!) with Travis Hall , an investor who knew very little about real estate just 18 months ago. After seeing th...
Aug 02, 2023•51 min•Ep. 309
How important is cash flow when analyzing real estate deals ? Many rookies zero in on this familiar figure when crunching the numbers, but there’s another metric that is FAR more important: cash-on-cash return . This simple but powerful equation can help you determine whether an investment property is worth buying ! Welcome to another Rookie Reply ! Many rookies struggle to analyze deals when starting out. Fortunately, Ashley and Tony are here to show you exactly how to calculate your cash-on-ca...
Jul 29, 2023•46 min•Ep. 308
Your rental property is at risk. Maybe not now, but in the near future, you could face property damage, the need to rebuild, or an angry tenant /guest filing a lawsuit against you. What do you do? Don’t get too sweaty; this is why you have landlord insurance ! The problem? Most landlords have coverage that BARELY protects their properties when something goes wrong, leaving their entire portfolio vulnerable just to save a few dollars. This is a HUGE mistake and could cost you far more than you kn...
Jul 26, 2023•1 hr 6 min•Ep. 307
Financial freedom with only a handful of rental properties !? So many real estate investors are convinced that amassing units is the key to bigger profits , but the truth is that a strategy involving fewer doors can be just as—if not more—effective. Today’s guest is an advocate for the “small and mighty” real estate portfolio that allows you to create passive income , pursue your passions, and achieve financial independence on your terms! Welcome back to another episode of the Real Estate Rookie...
Jul 22, 2023•51 min•Ep. 306
Don’t know how to analyze a rental property ? After this episode, you’ll be a rental property analysis pro, knowing exactly how much money you’ll make on your first, second, or next real estate investment . But don’t worry; you won’t need any complex formulas, dense spreadsheets, or complicated math to calculate how much cash flow you’ll collect from your real estate deal. Instead, you can use the EXACT methods we show to analyze investment properties in minutes , EVEN if you’re a real estate ro...
Jul 19, 2023•1 hr 20 min•Ep. 305
