Struggling to land your next rental property ? Even in today’s housing market , there’s a great deal out there with your name on it—you just need to know where to look. In today’s episode, Ashley and Tony will share their favorite strategies , software , and tools for finding real estate deals so that you can start getting a little reward for your effort! Welcome back to the Real Estate Rookie podcast ! Sourcing deals is hard work, but maybe you’re making things harder for yourself. Today, we’re...
Sep 04, 2024•32 min•Ep. 453
Choosing where to invest can be overwhelming. With thousands of real estate markets and endless data to wade through, it’s no wonder that so many rookies trip up on this step before they ever get started. Well, we’ve got a brand-new tool that’s about to make your job a whole lot easier! Welcome back to the Real Estate Rookie podcast ! Dave Meyer , Head of Real Estate Investing at BiggerPockets, has developed a market research tool to help more investors find their market. And today, we’re puttin...
Sep 02, 2024•36 min•Ep. 452
Find real estate deals faster with a BiggerPockets Pro Membership . Use code “PDEAL24” for 20% off plus thousands of dollars in bonuses and access to investment calculators, BiggerPockets deal finder, BiggerPockets market finder, and more! Feel like you’re struggling to find real estate deals in 2024 ? Well, we’ve got just the thing for you. Today, BiggerPockets’ Head of Real Estate, Dave Meyer , is showing YOU how to find real estate deals and analyze them easily to get your next real estate in...
Aug 31, 2024•44 min
You know real estate investing is a great way to build wealth , but maybe you fear you don’t have the resources to start. Well, there’s a way to create cash flow without money OR rentals —rental arbitrage! This low-risk, rookie-friendly strategy could be your gateway into the world of real estate. In today’s episode, we’ll cover the pros and cons of this strategy and whether it still works in 2024! Welcome back to another Rookie Reply ! If you’re a homeowner looking to buy your first rental prop...
Aug 30, 2024•36 min•Ep. 451
Deal analysis is an essential tool in the investor’s toolkit and maybe the most crucial skill for breaking into real estate investing . Have you ever wondered how other investors can find a rental property , run the numbers, and buy with confidence? Well, you’re in luck because we’re dedicating an entire episode to this vital skill! Welcome back to the Real Estate Rookie podcast ! Today, Ashley and Tony are going to show you how to analyze real estate deals like a pro investor. First, you’ll nee...
Aug 28, 2024•39 min•Ep. 450
From bankruptcy to financial freedom in just ten years ?! Today’s guest is living proof that past money mistakes don’t disqualify you from building wealth with real estate . Whether you’re neck-deep in debt or struggling to save, you’re only ever a few steps away from taking control of your financial future ! Welcome back to the Real Estate Rookie podcast ! By 2014, Diem Martin had filed for bankruptcy. Ten years later, she has achieved financial freedom with eight doors across four properties a...
Aug 26, 2024•38 min•Ep. 449
House hacking might be the easiest way to get into real estate . This beginner-friendly investing strategy involves little risk, works with several types of properties, and can cover your entire mortgage . But don’t just take our word for it—today’s guest host was able to build and scale his real estate portfolio using this strategy! Welcome back to another Rookie Reply ! In today’s episode, Ashley and Noah Bacon are zeroing in on house hacking questions from the BiggerPockets Forums . First, ca...
Aug 23, 2024•35 min•Ep. 448
Making a $300,000 profit from ONE rental ?! Imagine how quickly you could reach financial freedom by raking in this amount of profit and reinvesting it into your real estate portfolio . There’s an investing strategy that allows you to take home six figures from a single sale, and today’s guests are going to share it with you! Welcome back to the Real Estate Rookie podcast ! Christian and Shannon Nossum have been house hacking since college. Once they realized that renting rooms to their friends ...
Aug 21, 2024•39 min•Ep. 447
Can rookies find rental properties that cash flow in today’s housing market ? Yes! But you may need to get creative. This investor made the numbers work by discovering extra income streams in his own backyard, making a cross-country move, and using artificial intelligence (AI) to find better deals! Welcome back to the Real Estate Rookie podcast ! Joe Schmitt has built a modest real estate portfolio of four properties in four years, but the journey hasn’t been easy. His very first deal saw him ta...
Aug 19, 2024•39 min•Ep. 446
As a new investor , a strong real estate team is crucial to your success—especially when you’re looking to land your first deal , complete your first rehab project , or invest out-of-state . In today’s episode, we’ll show you how to find investor-friendly agents , lenders , contractors , and other key players! Welcome back to another Rookie Reply ! What should you do when a tenant wants to break their lease ? We’ll provide you with a plan of action, as well as some necessary terms to include in ...
Aug 16, 2024•33 min•Ep. 445
Anyone can get into real estate investing . Seriously, anyone! With today’s high interest rates , it may be more difficult to find a rental property that cash flows , but even if you’re in a white-hot real estate market or don’t have much money, there are still many creative ways to get started! Welcome back to the Real Estate Rookie podcast ! From the moment his $22,000 military bonus hit his bank account, soldier Jean Augustin knew exactly how he’d be using the cash. After a few months of educ...
Aug 14, 2024•42 min•Ep. 444
You DON’T need to scale your real estate portfolio to start building wealth . Whether you own a single rental property or one hundred doors, the size of your portfolio isn’t as crucial as your ability to manage it. Today’s guest is bringing you a masterclass on a fundamental skill that new investors often overlook—one that will help you get the most out of your portfolio and maximize your profits ! Welcome back to the Real Estate Rookie podcast ! Ashley “BadAsh” Wilson is a big-time investor and...
Aug 12, 2024•43 min•Ep. 443
Screening tenants is a necessary but expensive part of real estate investing . In some cases, property managers charge as much as one month’s rent to place a tenant. What if there was a way to build a pool of high-quality tenants for free? In this episode, you’ll learn how to screen your own tenants (fairly and legally) and keep more of your cash flow ! Welcome back to another Rookie Reply ! After showing you how to create your own backlog of potential tenants, we dive into house hacking —the ro...
Aug 09, 2024•39 min•Ep. 442
You don’t need a huge inheritance or nest egg to start investing in real estate . Just ask Cody Caswell , who landed his first deal at sixteen years old with only $5,000 . This property gave him instant cash flow , but more importantly, it gave him a launchpad to develop his skills, find better deals, and scale from mobile homes to multifamily ! Welcome back to the Real Estate Rookie podcast ! Cody started small, but today, he flips fifteen houses per year , owns a fifty-six-unit apartment compl...
Aug 07, 2024•24 min•Ep. 441
For the past 999 episodes of the BiggerPockets Real Estate Podcast , we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013 , it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPocke...
Aug 05, 2024•43 min
Real estate investing offers a roadmap to financial freedom, but it’s far from easy. If you’re feeling the stress of ownership, whether it’s due to a difficult tenant or unforeseen expenses, you may be ready to throw in the towel. But before you sell your investment property out of frustration, you’ll want to hear what Ashley and Tony have to say! Welcome back to another Rookie Reply! Are you looking to increase rents? Choosing the right renovations is key, and in today’s episode, we’ll help you...
Aug 02, 2024•49 min•Ep. 440
Real estate bookkeeping is one of the tedious but necessary tasks that comes with owning a rental property . Unsurprisingly, it’s one of the things that can make or break your real estate business. Can you do your own accounting ? Should you hire a bookkeeper? It’s easy to become overwhelmed by your financials, which is why we’ve brought in a specialist to deliver a crash course on this crucial topic! Welcome back to the Real Estate Rookie podcast! Today, we’re joined by certified public account...
Jul 31, 2024•37 min•Ep. 439
Every real estate deal is hard work, whether your investing strategy is house flipping, buy and hold , or even wholesaling . If your goal is to not only get a great deal under contract but also make money after closing, you won’t want to miss this episode! Welcome back to the Real Estate Rookie podcast! When we last spoke with husband-and-wife investing duo Sean and Ann Wayne, they had completed twelve deals—an impressive feat for any new investor. But over the last three years, they have discov...
Jul 29, 2024•46 min•Ep. 438
Not quite ready to invest in real estate ? Maybe you’re still getting your finances in check or saving for a bigger down payment . In any case, don’t sit on your hands! While you wait, there are plenty of things you can do to become a more knowledgeable investor and prepare for your first deal! Welcome back to another Rookie Reply! Today’s episode is jam-packed with essential tips for those who are just starting out. First, what market should you invest in? Ashley and Tony will show you how to i...
Jul 26, 2024•35 min•Ep. 437
Owning rentals could help you become financially free, afford you more time with family, and allow you to travel the world. Whether you’re stuck in a career you dislike or you need a more flexible job, you’re about to learn that real estate investing could be your golden ticket! Welcome back to the Real Estate Rookie podcast! Despite earning six-figure salaries as engineers, Emily Love and her husband were stressed, exhausted, and dissatisfied at their nine-to-five jobs. So, with the goal of one...
Jul 24, 2024•41 min•Ep. 436
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines. Today’s guests weren’t afraid to take on a challenge with their first rental property , and it paid HUGE dividends. Not even an expensive market or extensive rehab could stop them from making money and reaching their investing goals ! Welcome back to the Real Estate Rookie podcast! Noreen and Derek Eddy are a real estate investing power couple who took a big risk with their first deal—a distressed, multifamily prope...
Jul 22, 2024•47 min•Ep. 435
Home renovation projects aren’t cheap, and it’s easy to let your budget spiral out of control if you’re not careful. Fortunately, we have several tips, tricks, and hacks that will help you save a fortune on your rehabs—from finding deals on materials to an investor hack that gives you money back every time you place an order! Welcome back to another Rookie Reply! Are you investing out-of-state ? We’ll show you how to find, vet, and manage contractors from miles away in today’s episode. Not sure ...
Jul 19, 2024•39 min•Ep. 434
Starting a real estate business is one of the best ways to achieve financial freedom, replace your W2 income, and leave your nine-to-five. Why? Because you don’t need a ton of money OR a rental property to get started. Today’s guest built a million-dollar business with just $150, and in this episode, she provides the blueprint for you to do the same! Brittany Hailey and her husband were living in an expensive market and working low-paying jobs when they were introduced to short-term rentals . Th...
Jul 17, 2024•49 min•Ep. 433
Anyone can buy rentals , whether you have some money to deploy or very little to your name. With seemingly everything working against her, today’s guest managed to buy not one, not two, but THREE properties to support her and her daughter on their journey to financial freedom ! Welcome back to the Real Estate Rookie podcast! Bella and River are a mother-daughter investing duo who, just a few years ago, were facing dire circumstances. In a short amount of time, Bella lost her eyesight, foreclosed...
Jul 15, 2024•39 min•Ep. 432
Buying a house is a HUGE decision, whether you’re an experienced investor or a first-time homebuyer. The last thing you want is to get in over your head with a property you can’t afford. In this Rookie Reply, Ashley and Tony are going help one of our listeners crunch the numbers and point them in the right direction! Dealing with tenants can be difficult, especially as a new landlord . What should you do when your tenant wants to make repairs or changes to their unit? How should you react when a...
Jul 12, 2024•37 min•Ep. 431
You get a call one day from the fire department, telling you, “You’ve had a house fire that’s destroyed your rental property .” What do you do first? Check on the tenants, call the insurance company, or start thinking of ways to financially recover? Your tenant has lost all their belongings; you’ve lost an investment you worked hard to acquire. If everyone is safe, what’s the next step you should take? Or, a more important question: what would you have wished you knew BEFORE this happened? If yo...
Jul 10, 2024•36 min•Ep. 430
Harnessing the power of data gives you an enormous advantage in your real estate investing journey, allowing you to discover up-and-coming markets or find deals that are flying under the radar. While crunching the numbers might seem like hard work, there are all kinds of software, tools, and templates to lighten the load! Welcome back to the Real Estate Rookie podcast! Today, data scientist Ariel Herrera returns to the show to offer more advice for investors who want to find the next BIG market ...
Jul 08, 2024•39 min•Ep. 429
Most investors buy rental properties for cash flow , and the fear of losing money keeps many rookies on the sidelines. How can you be certain that you’re going to make a profit before you buy? Today, Ashley and Tony will show you how to do your due diligence so you don’t get stuck with a problematic property! Welcome to another Rookie Reply! Property expenses are a necessary evil of real estate investing , but in this episode, we’ll show you how to stop these costs from ruining your cash flow. B...
Jul 05, 2024•42 min•Ep. 428
Do you have a cash flow problem? Maybe property management fees are setting you back, or you’re spending too much on repairs and maintenance. Today, we’re bringing you a powerful solution that will not only solve your cash flow problems but also help you scale your portfolio faster than you ever thought possible! Welcome back to the Real Estate Rookie podcast! Jenn and Joe Delle Fave were content with buying one rental per year, an impressive feat for any rookie investor. But then they discovere...
Jul 03, 2024•49 min•Ep. 427
Do you dream of becoming a full-time real estate investor ? Having the financial stability to leave your W2 job might seem like an eternity away, but if you start investing now , it doesn’t have to take as long as you think. Just ask today’s guest, who was able to achieve financial freedom in just THREE years! Welcome back to the Real Estate Rookie podcast! Jayson Ewert spent six years in the U.S. Army before realizing he didn’t want to be a military man forever. While renting a house with a few...
Jul 01, 2024•44 min•Ep. 426
