• Summary

  • 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 Tony J Robinson 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.

    © Copyright © 2022 BiggerPockets. All Rights Reserved. Disclaimer: The information contained in this podcast is for general informational purposes only. In no event will BiggerPockets be liable for any loss or damage derived from the information provided.
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Episodes
  • Aug 6 2022

    Not knowing how to deal with a bad contractor can cost you thousands, if not tens of thousands, on a single deal. The wrong contractor can cause months more of holding time, thousands in materials wasted, and drain your energy when trying to get the project done. But, once you know the common contractor red flags, you’ll be able to spot which workers won’t work out in the future so you can hire the right ones faster.

    Ashley and Tony both have horror stories when hiring general contractors. They have some crucial tips when hiring a contractor for your next home renovation. Their most important one? Hire slow and fire fast. The wrong crewmember could sabotage your entire real estate deal.

    Here are some suggestions:

    Don’t pay contractors per hour and stick to your contractor criteria

    Stand your ground and don’t second guess yourself if you know how something should be done

    Never hire the same contractor for another job until they’ve finished the first one

    Set milestones and benchmarks for the contractor to hit so they stay on-schedule

    Don’t hire the first contractors available for a job, take your time vetting the crew and general contractor

    And more in the episode…

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

    Links from the Show

    BiggerPockets

    Real Estate Rookie Podcast

    Real Estate Rookie Youtube Channel

    Real Estate Rookie Facebook Group

    Real Estate Rookie Bootcamp


    Check the full show notes here: https://www.biggerpockets.com/blog/rookie-205

    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    15 mins
  • Aug 3 2022
    Sometimes in real estate, less is more, and as the saying goes—quality over quantity. You don’t need a portfolio with 100+ properties if you have a strong cash flow from five. This approach allows less to fall through the cracks and a more personalized experience for the tenant while still building wealth like never before. Today’s guest, Kelly Cronin, explains how she has created Cronin Castles, a variety of unique experiences in various locations, and is now profiting off people’s desire to experience more life.Her current portfolio includes a sea house in Puerto Rico, an off-the-grid dome in Alaska, a tiny home in Utah, and eighty acres in Wisconsin. While Kelly was merely setting her price on listing sites and looking for interesting places, she stumbled on the next big thing. Currently, short-term rental sites are looking for more properties with unique experiences, like Kelly’s, to feature and further differentiate themselves from the competition.Kelly was able to start investing because she saved half of her income. She was able to save an astonishing $110,000 not because of a high salary—in fact, she never hit the six-figure mark—but because she gamified her life. Kelly did this by finding ways to lower her mortgage, save on childcare expenses and use credit card points to cover her travel expenses. Now Kelly can give people the traveling experiences she would want while simultaneously building wealth and changing her financial future.In This Episode We CoverHow to research and invest in different markets Cultivating unique experiences and how to market your rentals Managing your rental property remotely and the importance of building a network in the market you choose to invest inSaving fifty percent of your income and how to gamify your life and stretch your money Self-managing your properties and how to stay on top of your rental portfolioAnd So Much More!Links from the ShowAshley's InstagramTony's InstagramReal Estate Rookie Facebook GroupBiggerPockets ForumsBrandon Turner's InstagramNate Robbins' InstagramBrian Murray's InstagramAirbnbVrboRealtor.comAirDNAZillowDerek Diedricksen's InstagramBoostlyGodaddyHostfullyMeta Business Suite96 Units in 5 Years By Combining Long & Short-Term RentalsConnect with Kelly:Kelly's WebsiteKelly's Facebook PageKelly's InstagramCheck out the full show notes here: https://biggerpockets.com/blog/rookie-205Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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    1 hr and 5 mins
  • Jul 30 2022

    New short-term rental regulations are sprouting up around densely-populated states like California and New York. These regulations can stop new investors from setting up shop while making established hosts much wealthier. With stricter short-term rental laws, what should real estate investors do to hedge their risk against being stuck with a property that can’t be rented out?

    Both Ashley and Tony own short-term rentals. Ashley’s is situated in a town with no regulations, while Tony has vacation rentals scattered across multiple markets, each with its own specific ordinances. Tony knows that even with these new laws, there are still steps you can take to ensure that your short-term rental investment isn’t ever at risk of being left empty.

    Looking into short-term rental markets? Here are some suggestions:

    Look for established, mature vacation rental markets when starting your search

    Economic dependency on tourism will most likely make an area more open to short-term rentals

    Always research the number of short-term rentals an owner can legally own in an area as well as how the permitting process works

    Stay up-to-date on an area’s short-term rental laws as they are subject to change

    And more in the episode…

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

    Links from the Show

    Real Estate Rookie Podcast

    Real Estate Rookie Youtube Channel

    Real Estate Rookie Facebook Group


    Check the full show notes here: https://www.biggerpockets.com/blog/rookie-204

    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    8 mins

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Great podcast for the aspiring real estate investr

I look forward to listening to the podcast each week. Ashley makes thing easy to understand for newbies.