https://www.biggerpockets.com/blog/rookie-422

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 friends, he was amazed by how well his landlord was doing and wondered whether real estate investing might be an option for him. Before long, Jayson had read Rich Dad Poor Dad cover to cover and was determined to start buying small multifamily properties. Six deals later, Jayson has completely replaced his W2 income, allowing him to commit his time and energy to managing his portfolio and finding more deals!

In this episode, Jayson dives into house hacking, an investing strategy he uses to help cover his living expenses. He also shares some of his biggest lessons learned, including what he wishes he had known before dealing with vacancies, evictions, and other unforeseen expenses. If you have an Airbnb, you won’t want to miss the pro tip that will ensure you stay competitive!

Rookie Reply: How to Invest with $100K & Managing Home Renovations

https://www.biggerpockets.com/blog/rookie-425

You’re working hard to build generational wealth. But have you thought about a succession plan for your growing real estate portfolio? Today, we’re going to show you several ways to create a better life for your children while reinforcing the values of hard work, sacrifice, and entrepreneurship!

Welcome back to another Rookie Reply! Want to get more Airbnb bookings? In today’s episode, we’ll show you how to choose short-term rental amenities that will improve your bottom line. We also dive into seller financing and how to make your lender whole if you need to sell the property. We even discuss a unique type of real estate business that allows you to make a huge profit without owning any property. Finally, should you ever buy rental property if it won’t cash flow on day one? Stay tuned to find out!

If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

Rookie Reply: How to Pass Down Generational Wealth & Top Airbnb Amenities

https://www.biggerpockets.com/blog/rookie-428

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. But that’s not all. We also offer tips for managing rehab projects and staying on budget, from building a detailed scope of work to implementing tools and software that will help you stay organized throughout your project. Should you list your rental property online? We discuss the benefits of creating a Google Business profile, and finally, we settle the great debate between paying cash for a property and taking out a mortgage!

If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

Rookie Reply: How to Analyze Rentals for Cash Flow & Manage a Rehab Project

https://www.biggerpockets.com/blog/rookie-431

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 tenant wrongly accuses you of something? The truth is that landlord-tenant relationships are tricky to navigate, but in today’s episode, we’ll lay out a game plan for managing conflict. Finally, we’ll discuss an issue you might encounter with your short-term rentals. When should you cancel an Airbnb reservation and issue a refund to your guest? Stick around to find out!

If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

Real Estate Rookie Podcast

Rookie Reply: Build Your Portfolio OR Pay Off Debt & Tenant Conflict 101

https://www.biggerpockets.com/blog/rookie-434

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 if you’re ready to buy your next rental property? In this episode, we’ll break down a listener’s financials and help them (and you!) make the right choice. But that’s not all. Perhaps you’ve thought about renting by the room to help cover your mortgage but don’t know whether house hacking is for you. Make sure you listen to Ashley and Tony’s advice before diving in!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

Rookie Reply: Buying Your NEXT Rental & How to Save a Fortune on Renovations

https://www.biggerpockets.com/blog/rookie-437

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 identify up-and-coming neighborhoods before they explode! Most investors will also need to furnish a short-term rental or renovate a distressed property at some point in their journey. We’ll show you a hack that could help you save thousands of dollars when buying materials, furniture, and décor. At what point should you hire a bookkeeper? Can you manage your own books? Tune in for a few real estate accounting tips!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

Rookie Reply: What EVERY Rookie Must Learn Before Investing in Real Estate

https://www.biggerpockets.com/blog/rookie-440

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 determine which projects to prioritize. We also talk about the one-percent rule—a popular benchmark investors use to determine whether a deal is good or bad. Should you buy a rental property that falls short of this golden number? Our answer might surprise you! Finally, we dive into turnkey properties, their pros and cons, and what you should know about them before you buy!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

Rookie Reply: Rent-Raising Renovations, the 1% Rule, & Quitting Real Estate

https://www.biggerpockets.com/blog/rookie-442

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 rookie-friendly investing strategy that helps pay for your mortgage—and a creative way to squeeze even more monthly income from your property. Cash-out refinancing is a popular way to access your home equity and reinvest it. But is this a good idea with today’s high interest rates? Ashley and Tony will crunch the numbers and help you make the right decision. Finally, we discuss the ins and outs of eviction day and what you need to know before the sheriff arrives at your property.

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

Rookie Reply: How to Screen Tenants for Free & When to Cash-Out Refinance

https://www.biggerpockets.com/blog/rookie-445

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 your lease agreements so that you’re protected in the future. Next, could we be headed for another housing market crash? No one knows for certain, but Ashley and Tony will show you how to prepare for the worst and adjust your investing strategy during a downturn. Finally, you always need an exit strategy when working with partners or private money lenders. Stay tuned for some creative ideas that will keep you from getting in hot water!

Rookie Reply: Preparing for a Market Crash, Ending Leases, & Building Teams

https://www.biggerpockets.com/blog/rookie-448

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, can you create $1,000, $2,000, $3,000, or more in monthly cash flow just by house hacking? How long would this take and how many doors would you need? The answer might surprise you! We also discuss LLCs, whether you need one, and what you should know before transferring a property from your personal name. Finally, you’ll learn which properties make the BEST house hacks and what to do when you can’t find the right deal!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

Rookie Reply: House Hacking 101! Which Property to Buy & How to Scale Fast

BiggerPockets’ goal is to make 1 Million Millionaires by sharing the power of investing in Real Estate to create financial freedom in your life. 

Join our hosts and guest to become part of the growing community taking control of their financial journey on our largest and longest-running podcast that breaks down real estate investing strategies that work today—from deep-dive interviews to coaching calls, news analysis, and more. 

Make your next real estate investing move with confidence…tune in to the #1 real estate investing podcast.

New tracks tagged #Reply: