Channel Title: Real Estate Rookie Channel Description: Ready to buy your first rental property and start making passive income? We're here to help. On the Real Estate Rookie channel, we highlight the stories of investing newbies getting their first, second, third, or tenth real estate deal. Rental properties? We've got you covered. Fix and flips? That's our thing! Wholesaling? Rental arbitrage? Short-term rentals? We've got videos for you too! Tune in on Tuesdays for in-depth interviews with rookies, just like you, taking their first steps to build wealth. Then join us on Thursdays as we answer YOUR real estate investing questions in our weekly Rookie Reply Q&As! Don't know where to start? Click the link below! <video> How to Estimate Rehab Costs on Your First Deal (No Experience Needed) Description: Grab Ashley’s Free Rehab Estimate Spreadsheet Here: https://www.biggerpockets.com/resources/categories/real-estate-101/17?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Books Mentioned in This Video: The Book on Estimating Rehab Costs: https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media The House Flipping Framework: https://store.biggerpockets.com/products/the-house-flipping-framework?utm_source=youtube&utm_medium=mention Real Estate Rookie: https://store.biggerpockets.com/products/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders How To Estimate Rehab Costs: https://www.biggerpockets.com/blog/how-to-estimate-rehab-costs?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none If you want to renovate an old rental, flip your first house, or BRRRR (buy, rehab, rent, refinance, repeat) a home with serious potential, you’ll need to know how to estimate rehab costs first. But, as a rookie, this can seem quite tricky. You may have painted a room before or changed out an old lighting fixture, but how much will it cost you to renovate an entire property? Today, Ashley is going to show you how. By downloading her free rehab estimation spreadsheet (https://www.biggerpockets.com/resources/categories/real-estate-101/17?utm_source=youtube&utm_medium=description&utm_campaign=none) you can easily plug in your costs and figure out your total rehab budget. But where do you find the prices of materials and labor? Don’t worry; that can be done easily by a beginner, too! In this video, you’ll learn exactly how the pros (like Ashley) do it FAST. Interested in creating a detailed scope of work (SOW) for your renovations? Let us know in the comments, and Ashley might cover it in a future video! 00:00 How to Estimate Rehab Costs 02:22 Your Costs May Differ! 3:30 Always Add a "Contingency" 03:57 1. Material Costs 06:40 Don't Know Which Materials to Use? 07:30 2. Estimating Labor Costs 9:33 Tip: Use the Avg Cost! </video> <video> How to Start Investing in Real Estate in 2025 (Beginner Steps) Description: Episode #509 Join BiggerPockets Momentum 2025 to Supercharge Your Investing This Year: https://get.biggerpockets.com/momentum2025/?utm_source=youtube&utm_medium=description&utm_campaign=none Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Book “Long-Distance Real Estate Investing”: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerNews: This Area Has the BEST Cash Flow Potential in the Country (Lake Effect Cash Flow): https://www.biggerpockets.com/blog/real-estate-1035?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Want to start investing in real estate but don’t know where (or how) to begin? Even as a brand-new beginner, you can buy your first investment property in 2025, regardless of how high home prices and interest rates get. Today, we’ll break down how to find your first investment property, finance it, build a team (so you’re not doing all the work), and manage it to start building real estate wealth. Feeling scared to start? Thousands of rookies were in your shoes at the start of 2024 and are now experienced investors. It’s common to feel fear before buying an investment property, which is why, in this episode, we’re going over the common worries and pitfalls that stop investors from starting and how you can get around them! We’ll even share the exact markets we’re looking to buy in this year, what types of properties we think have the most potential, and get into interest rate predictions for 2025! Don’t sit on the sidelines; this is your chance to get into the game! 00:00 Intro 00:54 Why Start in 2025? 04:45 2025 Interest Rate Predictions 11:28 Start Analyzing Properties 13:38 Build Your “Buy Box” 17:36 Real Estate Markets We’re Buying In 24:23 Too Scared to Start? 31:19 Building Your Investing Team 36:56 Talk to Other Investors! 41:14 Beginner Steps to Start </video> <video> Rental Renovations 101: Estimating Rehab Costs & Working w/Contractors Description: Episode #507 Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab “The Book on Estimating Rehab Costs”: https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Real Estate Rookie 488 – How I’m Flipping 12 Houses (at Once!) All While Traveling: https://www.biggerpockets.com/blog/rookie-488?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Fixing up a distressed property might be the BEST way to add value, whether you’re looking to flip houses, BRRRR (buy, rehab, rent, refinance, repeat), or charge higher rents. But to avoid losing money, you’ve got to know what you’re doing! Today’s guest is an expert in home renovations, and in this episode, she’ll walk you through the entire process! Welcome back to the “Real Estate Rookie” podcast! Investor Serena Norris has done over 200 deals (including more than 130 flips) in just TEN years, so she knows a thing or two about home improvements! Today, she will show you how to complete a rehab project, step-by-step. You’ll learn about everything from forming partnerships and analyzing rentals to creating a pricing sheet in a new market, building a scope of work, and effectively managing your contractors. Whether it’s your first time managing construction or you’re looking for systems and processes that will help your jobs run smoothly, you don’t want to miss this renovation masterclass. Serena offers plenty of nuggets that will help you finish your projects on time AND on budget! 00:00 Intro 00:50 Serena’s Portfolio & Partnerships 07:23 Building Your Pricing Sheet 15:55 Creating a Scope of Work 25:24 Working with Contractors 34:08 How to Manage Rehab Projects 43:47 Connect with Serena! </video> <video> How to Scale Your Real Estate Portfolio in THIS Market (On 1 Income) Description: Episode #514 Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine: https://www.dealmachine.com/bp-challenge Ask Your Question for a Future Rookie Reply: https://docs.google.com/forms/d/e/1FAIpQLSeV9NHI8x0Ryo3WtceOZu6uFVA44UawT2l64tWDhocMklsr3g/viewform?usp=sf_link Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Book “The Self-Managing Landlord”: https://store.biggerpockets.com/products/self-managing-landlord?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Real Estate Rookie 443 - How to Use “Asset Management” to Build Wealth (Even with a Small Portfolio): https://www.biggerpockets.com/blog/rookie-443?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Is it possible to scale your real estate portfolio in this market? What if you only have one income? Getting past one rental property is a huge hurdle in every investor’s real estate journey, but increasing your rental income and lowering your mortgage costs can help you maximize your cash flow and get over the hump. And in this episode, we’ll show you how! Welcome back to another Rookie Reply! Today, we’re diving back into the BiggerPockets Forums and answering your questions. First, we’ll hear from an investor who wants to scale their portfolio but feels stuck with one rental. We’ll show them how to squeeze more money out of their property and fund their next purchase. Our next question is from an investor who wants to refinance a “unique” property that doesn’t have comparables. What type of loan do they need? Should they sell the property? Stay tuned to find out. Finally, we’ll help a few landlords with some “unusual” rental maintenance headaches! 00:00 Intro 01:01 Scaling with 1 Income 11:14 Refinancing “Unique” Properties 17:08 “Unreasonable” Maintenance 26:05 Section 8 Tenants 31:37 Ask Your Question! </video> <video> Getting Started in Real Estate Investing Description: Looking to achieve financial freedom through real estate investing but don’t know where to start? → Leverage your W2 job to build knowledge → Choose a study or skillset that complements real estate → Pick a strong strategy → Research markets that fit your strategy and budget Which steps are on the top of your 2025 to-do list? #BiggerPocketsRookie #RealEstateRookie #BiggerPockets #RealEstateInvesting </video> <video> $36K Home Renovation in Just 3 Months (Budgeting and Final Results) Description: Episode #510 Maximize Your Real Estate Investing with a Self-Directed IRA: https://www.trustetc.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_medium=youtube&utm_term=overlay_ad Join BiggerPockets Momentum 2025 to Supercharge Your Investing This Year: https://get.biggerpockets.com/momentum2025/?utm_source=youtube&utm_medium=description&utm_campaign=none Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Your Copy of “The Book on Estimating Rehab Costs”: https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders How to Do Your FIRST House Flip in 2024: Budgets, Renovations, and Loans w/Rene Hosman: https://www.biggerpockets.com/blog/rookie-477?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Rene: https://www.biggerpockets.com/users/learningtodiy?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Home renovations can substantially increase your equity and cash flow on a rental property, but when doing one, there are two key things you need to pay attention to: budgets and timelines. Today, rookie real estate investor Rene Hosman is back to teach you how to do both after just finishing a three-month, $36,000 rental renovation where she turned an outdated apartment into a cash-flowing condo! Rene was able to rehab the entire unit (two bedrooms, one bathroom) with a budget of around $30,000, and although she may have gone slightly over, her returns look nothing less than phenomenal. How did she do everything—new floors, electrical, bathroom, AND furnishings—with such a reasonable budget? If you’re ready to renovate your home or rental property, take her tips. Rene goes through every aspect of the project: the good (renting it out right after finishing) and the bad (a BIG flood in the master bedroom), plus everything in between. She’ll share what she chose to DIY, what was smarter to hire out, and how she paid for it all. We also get the final numbers of the renovation—what the property appraised for AND how much it’s renting for now! 00:00 Intro 01:07 Property Renovation Progress 03:35 How to Hit Your Renovation Timeline 06:56 Staying On-Budget 11:38 Unexpected Costs... 19:29 Building Your Renovation Budget 21:18 Paying for Materials and Rehab Expenses 30:42 Furnishing the Property 32:18 Refinancing and Rent Numbers 40:12 Connect with Rene! </video> <video> 6 Things You NEED as a DIY Landlord (Self-Managing Rental Properties) Description: Access Lawyer-Approved Lease Agreements with BiggerPockets Pro: https://www.biggerpockets.com/blog/membership-types-test?utm_source=owned_media Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Book “The Self-Managing Landlord”: https://store.biggerpockets.com/products/self-managing-landlord?utm_source=youtube&utm_medium=description&utm_campaign=none Property Manager Finder: https://biggerpockets.com/findapm Self-Management vs. Property Management Company: What’s Right for You? https://www.biggerpockets.com/blog/property-management-vs-self-management?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Decided to self-manage your rental properties? Good choice! But if you’re going to become a DIY landlord, you must have these self-managing tools that’ll save you a ton of headaches and some money down the line. I’ve used all six of these tools for years, and they’ve allowed me to scale my real estate portfolio faster and with a much better night’s sleep. No more tenant phone calls, mountains of mail, or missed rent checks. Whether you’ve just got your first rental property under contract or want to save on that property management fee, you, too, can begin self-managing rental properties! Some of the tools I mention are free, while others come at a small cost, but ALL of them will help you automate and systematize your rental property portfolio so you can spend less time on tenants and toilets and more time doing what you love. </video> <video> Teacher to Six-Figure Real Estate Investor by Buying FAST Flips Description: Episode #512 Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine: https://www.dealmachine.com/bp-challenge Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book, “The House Flipping Framework”: https://store.biggerpockets.com/products/the-house-flipping-framework?utm_source=youtube&utm_medium=mention Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How to Start Flipping Houses for Huge Profits in 2025 (Step-by-Step!): https://www.biggerpockets.com/blog/rookie-483?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Laura: https://www.biggerpockets.com/users/sides_investing?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Laura Sides had zero real estate investing experience not too long ago. But, within just six weeks, she made $100,000 on her first real estate deal. How is that even possible? That type of profit is usually reserved for expert real estate investors, not middle-school science teachers! Today, Laura is uncovering the fast-flipping formula that helps her do quick, profitable real estate deals even in her competitive market. During a beach vacation to Florida, Laura read the personal finance and investing classic "Rich Dad Poor Dad," and, seemingly overnight, her brain rewired as she became dead set on multiplying her money instead of working for every dollar. So, she took out a HELOC (home equity line of credit) to buy her first real estate deal, but where would it come from? A chance encounter with a neighbor would set her on a path that would change her life forever. Now, she’s cracked the house flipping formula, has two killer rental properties she uses as her own vacation homes, and makes significantly more than her teacher’s salary working on her schedule, building wealth her way. Want to be like Laura? We ALL do, and today, she’s sharing how you can do it, too! 00:00 Intro 01:02 ZERO Investing Experience 04:49 I’ll Buy Your House! 08:56 $100K Profit on FIRST Deal!? 12:41 From 1st Flip to Beach House 19:55 Laura’s Portfolio 22:32 The Fast Flipping Formula 26:41 Finding Deals 34:18Connect with Laura! </video> <video> Should I Pay Off My Rental Property or Buy MORE in 2025? Description: Episode #505 Ask Your Question for a Future Rookie Reply: https://docs.google.com/forms/d/e/1FAIpQLSeV9NHI8x0Ryo3WtceOZu6uFVA44UawT2l64tWDhocMklsr3g/viewform?usp=sf_link Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab “The Book on Rental Property Investing”: https://store.biggerpockets.com/products/rental-property-investing?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Real Estate Rookie 261 – How Nancy Rodriguez from ‘Love Is Blind’ Hit Financial Freedom BEFORE Fame: https://www.biggerpockets.com/blog/rookie-261?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none What’s the “right” way to build your real estate portfolio? After taking down your first rental property, you might be thinking, “Should I pay off my mortgage or buy more properties?”. One option could help you sleep better at night, while the other could help you build wealth much faster. Find out where we stand in today’s episode! Welcome back to another Rookie Reply! Today, Tony and Ashley are digging through more of your recent real estate-related questions. First, we’ll discuss paying off your mortgage versus using that money to buy more rental properties. After that, we’ll compare the pros and cons of FHA loans and show you an easy way to estimate closing costs. We’ll also cover some other low-money-down loans that you may have never heard of! Finally, are you struggling to fill vacant units? Tired of apartment tour no-shows? Stay tuned because we’ve got a strategy that makes “serious” applicants stick! 0:00 Intro 0:55 Paying Off Rentals 13:15 FHA Loans 101 23:46 Filling Vacancies 30:14 Ask Your Question! </video> <video> How to Find Off-Market Properties in 2025 (as a Complete Beginner) Description: Episode #508 Ask Your Question for a Future Rookie Reply: https://docs.google.com/forms/d/e/1FAIpQLSeV9NHI8x0Ryo3WtceOZu6uFVA44UawT2l64tWDhocMklsr3g/viewform?usp=sf_link Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book “Finding and Funding Great Deals”: https://store.biggerpockets.com/products/finding-and-funding-great-deals?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch 5 Ways to Find Off-Market Real Estate Deals Like a Pro: https://www.biggerpockets.com/blog/ways-to-find-off-market-deals-in-2024?utm_source=youtube&utm_medium=description&utm_campaign=none Real Estate Market Analysis for Beginners | Rookie Resources: https://www.youtube.com/watch?v=_lCofO9AuBM Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Are great real estate deals gone for good? Not so fast! High interest rates, inflated home prices, and low inventory have made things difficult for investors, but by looking beyond the multiple listing service (MLS), you could uncover off-market properties that fly under the radar. In today’s episode, we’ll show you how! Welcome back to another Rookie Reply! If you’re struggling to make the numbers work in today’s housing market, you’re not alone! Tune in to learn how we find “rare” rental properties that are either undervalued or overlooked. Not sure where to start your investing journey? We’ll share three key factors that will help you narrow down your options and pinpoint the best real estate market for you. Stick around till the end as we discuss lease renewals, tenant turnover, and how to deal with a renter whose financial situation has changed! 00:00 Intro 01:08 Finding Off-Market Deals 14:19 Market Research 101 22:147 Lease Renewals 26:42 Ask Your Question! </video> <video> Top Markets (and Strategies!) for Real Estate Investing in 2025 Description: Episode #513 Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine: https://www.dealmachine.com/bp-challenge Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year: https://www.biggerpockets.com/summit25 Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Grab Dave’s 2025 State of Real Estate Investing Report: https://www.biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none What do you need to know about the 2025 real estate market before you buy your first (or next) investment property? Dave Meyer, host of the "BiggerPockets Real Estate Podcast" and one of the industry’s most respected analysts, will tell you everything a rookie real estate investor needs to know when buying in 2025. We’re talking about the best markets, predictions, and one type of property that could be a phenomenal buy this year. Dave believes now is a great time to invest and is backing it up by increasing his investments in 2025. But, he says you need to find the “upside” in your market or your strategy to make more money this year. What does he mean? Dave spells out a few key ways to find often overlooked “upside” potential so you can build wealth even with high home prices and interest rates. Which markets does Dave believe have the most growth potential this year? He’s laying out his top investing areas and the property types that could see the most demand. Plus, why is it cheaper (and arguably better) to buy a new home in 2025 instead of waiting for homeowners to sell? If you’re ready to invest in real estate, use Dave’s roadmap to invest better than the rest this year. 00:00 Intro 01:15 Should You Invest? 05:51 Finding the “Upside” in 2025 10:14 Don’t Count on “Cash Flow”? 13:21 Finding “Hidden Value” 16:51 Top Real Estate Markets 19:57 Top Property Types 25:17 Choosing a Market 32:11 Buy New Homes Instead? 40:39 Connect with Dave! </video> <video> What Are Your Motivations Description: The hard truth in real estate investing is that trying to do it ALL will only slow you down. If you’re just getting started, the best move you can make is narrowing down your strategy. Ask yourself... 1. What aligns with my long-term goals? 2. What fits my lifestyle and resources? 3. Which niche excites me enough to stick with it? #BiggerPocketsRookie #RealEstateRookie #FindYourNiche #SmartInvesting #BiggerPockets </video> <video> How to Build a Scalable Real Estate Business (While Working a W2!) Description: Episode #506 Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book “Scaling Smart”: https://store.biggerpockets.com/products/scaling-smart?utm_source=youtube&utm_medium=mention Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How to Build Effective Systems in Your Real Estate Business: https://www.biggerpockets.com/blog/how-to-build-systems-in-your-real-estate-business?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Steve: https://www.biggerpockets.com/users/stever4?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Want to build a thriving real estate business in 2025? There’s a major mindset shift you need to make if you want to be successful in today’s market. Whether you want a couple of cash-flowing rental properties or dream of building a multimillion-dollar company, like Steve Rozenberg did, you won’t want to miss this episode! Welcome back to the “Real Estate Rookie” podcast! When Steve was furloughed from his job as an airline pilot, he knew he needed another way to make money. He dabbled in several real estate strategies—flipping houses, wholesaling, and buy and hold investing—and experienced his fair share of failure along the way. But what he discovered was that the cost of inaction was much higher than the cost of action. By educating himself, learning from his mistakes, and laying the proper foundation for his business, he was able to scale a multimillion-dollar property management company! In today’s episode, Steve will give YOU the blueprint for starting your own real estate business this year. You’ll learn about the two biggest mistakes new investors make, the systems and processes that will allow you to scale, and how to identify the perfect investing strategy for you! 00:00 Intro 01:22 Starting from Zero 05:07 Mindset Shift & Critical Mistakes 10:41 HUGE Lessons Learned 18:35 The Secret to Scaling 25:43 Building Systems & Processes 33:31 The “One-Page” SOP 40:23 Connect with Steve! </video> <video> 5 Things to Know Before Buying a Duplex, Triplex, or Quadplex Description: Episode #511 Ask Your Question for a Future Rookie Reply: https://docs.google.com/forms/d/e/1FAIpQLSeV9NHI8x0Ryo3WtceOZu6uFVA44UawT2l64tWDhocMklsr3g/viewform?usp=sf_link Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book “The Multifamily Millionaire, Volume 1”: https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-i?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Real Estate Rookie 261 – How Nancy Rodriguez from ‘Love Is Blind’ Hit Financial Freedom BEFORE Fame: https://www.biggerpockets.com/blog/rookie-261?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Thinking about buying a duplex, triplex, or even a quadplex? Small multifamily properties are often some of the BEST investments for cash flow, especially if you plan to live in one of the units! But how does this type of property differ from a single-family home? What do you need to know before buying? Listen in to find out! Welcome back to another Rookie Reply! Today, we’re scouring the BiggerPockets Forums and answering more of your questions. After covering the ins and outs of small multifamily investing, we’ll get into financing your first property. What’s the best loan for first-time home buyers—FHA, conventional, or another option entirely? We’ll put them head-to-head and point you in the right direction! Finally, we’ll discuss several ways to use your home equity to grow your real estate portfolio. From 1031 exchanges to lines of credit, there are all kinds of options! 00:00 Intro 00:25 Small Multifamily Investing 101 13:41 Loans for First-Time Home Buyers 21:13 Tapping Into Home Equity 26:09 Ask Your Question! </video> <video> The #1 Thing You Need to Evaluate This Year Description: Starting your real estate investing journey isn’t just about deals and markets, it’s about building a life that aligns with your values and goals. 🧭 Ask yourself: Are my daily choices and business steps leading me toward the life I want? Which key values will you be focusing on in 2025? #BiggerPocketsRookie #RealEstateGoals #InvestWithPurpose </video>

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Ready to buy your first rental property and start making passive income? We're here to help.

On the Real Estate Rookie channel, we highlight the stories of investing newbies getting their first, second, third, or tenth real estate deal.

Rental properties? We've got you covered. Fix and flips? That's our thing! Wholesaling? Rental arbitrage? Short-term rentals? We've got videos for you too!

Tune in on Tuesdays for in-depth interviews with rookies, just like you, taking their first steps to build wealth. Then join us on Thursdays as we answer YOUR real estate investing questions in our weekly Rookie Reply Q&As!

Don't know where to start? Click the link below!

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