Real Estate Rookie

By BiggerPockets

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Description

Ready to build your real estate empire… but not sure where to begin?

Think of us as your personal trainer.

From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Felipe Mejia bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.

Looking to 10X your real estate investing business this year? This show isn’t for you.

Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. 

Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.


Episode Date
Doing Deals While Quarantined with Jeremy, Kristen, and Rafael
00:51:19

Yes, newbies ARE still closing deals out there.

This week, we talk to three up-and-coming investors who either recently closed or are currently under contract on investment properties.

Despite entire parts of the economy being shut down, real estate continues to be classified as "essential" -- and Jeremy Goldizen (Avon, OH), Kristen Johnson (Columbia, SC), and Rafael Estrada (Denver, CO) are all taking advantage.

This episode was streamed as a Facebook live, so our audience pitches in and puts some timely questions to our guests and hosts.

How did Jeremy score a 55% discount on a house he plans to BRRRR?

How did Kristen find the wholesaler who brought her the perfect rental property?

And how did Rafael shift his strategy when coronavirus hit and flipping no longer looked like such a great idea?

Hit play, and get answers to all those questions and more.

Next week, we'll be talking about how to screen and work with tenants in the current environment.

You won't want to miss that one... so subscribe to Real Estate Rookie in your favorite podcast app, and we'll see you next Wednesday!

Apr 01, 2020
Start Now, or Wait This Thing Out? Live Audience Q&A
00:45:20

In this episode, we hand the mic over to YOU.

Yesterday (March 24) Ashley and Felipe took took live listener calls and real-time questions from Real Estate Rookie Facebook group members.

"Should I go through with my deal?" "How do I handle my short-term rental?" "How are more experienced investors shifting their big-picture strategy?"

Those are just FEW of the questions we take on in this fast-paced episode.

What do you think of this format? Let us know in the Real Estate Rookie Facebook group -- and tell us what topics you want us to tackle next week.

This are disorienting times for investors of ALL skill levels... but by sharing information and resources, we put ourselves in the best possible position to build wealth throughout good markets AND bad.

See you next Wednesday.

Mar 25, 2020
Coronavirus Crash? Do's and Don'ts from Recession Veterans Joe Asamoah and Steve Rozenberg
00:57:37

It's a new week... and, seemingly, a new world.

So -- we've got a new (and very fresh) episode for you... with a twist on our usual format.

On Tuesday, March 17, Ashley and Felipe sat down with Joe Asamoah and Steve Rozenberg to discuss the topic on everyone's mind: the COVID-19 outbreak and its inevitable impact on real estate investors.

Think of it as a virtual coaching session with two seasoned, successful investors who have withstood several downturns and lived to tell about it.

Joe and Steve have a combined 50 years of experience under their belts, so they offer a valuable perspective to younger or less experienced investors -- our fearless co-hosts included -- who haven't yet seen a full real estate cycle.

This episode covers it all -- from the mindset successful investors use to accelerate wealth-building through downswings, to the shifting competition you're likely to face, to how to whip your finances into shape and secure lines of credit BEFORE you need them.

Plus -- Joe breaks down how renting to Section 8 voucher holders can be a lifeline during a recession (assuming you do a few things exactly right), and Steve shares his tips for designing systems and checklists (he's a pilot after all!) so you can think clearly... even when you're steering into economic headwinds.

This episode is GOLD for investors on the hunt for their first, second, or third deal in 2020... Stay safe, everyone -- and we'll see you next Wednesday.


In This Episode We Cover:

  • Why the first thing we should all do is "take a breath"
  • The importance of a well-thought-out business plan
  • Learning from local investors who thrived during past crashes
  • Why you're likely to see more flippers leasing out houses
  • Why taking out a HELOC may make sense right now
  • Treating tenants like customers to reduce turnover
  • Why Joe believes "your tenant is the true asset"
  • What Steve learned from 9/11 and Hurricane Harvey
  • Learning from your own (and others') failures
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/rookie3

Mar 18, 2020
Going All Out to Secure Deal #1 (For Sale By Owner!) with Tim Goutos
00:59:31

Ever felt like you're close to breaking into real estate investing, but not quite getting anywhere?


Today's guest, Tim Goutos, was right there with you. But after taking a trip abroad to clear his head, Tim narrowed his focus and went ALL-OUT in pursuit of his first deal.


He talked to everybody about his goal. He went driving for dollars in his hometown of Lake George, NY. Then, after seeing a For Sale By Owner (FSBO) sign, he called the owner on the spot.


What happened next? You'll hear the story in today's episode of the Real Estate Rookie Podcast.


We'll cover how to manage fear when making a cold call, how to crunch the numbers using government tax records, and how to protect yourself against the worst-case scenario.


Plus -- if you know anyone who got burned in 2007-08.. or worry you'll meet the same fate... you'll connect with Tim's story. He had a close relative who lost out in the last downturn, so he had every reason to stay far away. Instead, Tim learned all he could and put together a more conservative game plan.


"Captain Tim" is a relatable, down-to-earth guy... and you can learn a lot from his approach of looking to "get on base" rather than hit a home run right away.


Tell us what you think of this episode in the Real Estate Rookie Facebook group, and subscribe to the podcast in your favorite podcast app so you won't miss the next show!

Mar 11, 2020
From 4 Years of Analysis Paralysis... to 4 Cash-Flowing Properties with Lauren and Kyle Clugston
01:02:31

How will YOU transition from the "getting educated" phase to taking direct action toward your real estate goals?

Start by taking cues from Lauren and Kyle!

In this premiere episode, they share how they powered through their initial hesitation to build a "small but mighty" rental portfolio in less than 3 years' time... a portfolio that has them well on their way to a life of financial freedom (and maybe even a "boat house!").

You'll love their tips for identifying the right market for you, minimizing risk by house hacking, and leveraging your local meetup group to get the scoop on real estate trends in your area.

Plus, they guide us through their first "true" BRRRR deal—sharing lessons from their experience negotiating directly with a seller, firing a contractor, and finding time to DIY a lot of the renovation, all while juggling two full-time careers.

Lauren and Kyle may seem like sophisticated investors now. But in 2017, they were right where a lot of you are today. By following their roadmap and adjusting it to your market, you too can build a mini-empire that funds the life you dream about.

Make sure to subscribe to Real Estate Rookie in your favorite podcast app, and join our Facebook group (just search "Real Estate Rookie") to continue the conversation. See you next Wednesday!


In This Episode We Cover:

  • Lauren and Kyle's backstory
  • How Lauren overcame 4-year analysis paralysis
  • How Lauren and Kyle balance full-time careers with real estate investing
  • How the BRRRR strategy worked for them
  • Why they let other investors (their “competition”) walk through their property
  • Why their MVP is their real estate meetup group
  • Rookie Request Line: "What is your best advice for finding real estate agents who know what they're doing with investors?"
  • And SO much more!

 

Check the full show notes here: http://biggerpockets.com/rookie1

Mar 05, 2020
Trailer
00:01:14

Coming March 5, from BiggerPockets. Subscribe wherever you listen to podcasts!

Feb 19, 2020