Free Daily Podcast Summary
Real Estate Rookie: Daily Summaries Delivered
by BiggerPockets
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. We’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.
Latest Episodes
The most recent episodes — sign up to get AI-powered summaries of each one.
- Yesterday39 min
She Lost $85,000, Then Made It All Back with a Single Rental Property
Real estate bookkeeping might not be the most thrilling part of owning a rental property, but it’s often the difference between bleeding money each month and earning cash flow you can count on. Today’s guest will show you exactly how to get your books in check so you can make your properties even more profitable! Welcome back to the Real Estate Rookie podcast! Grace Wills is a CPA, a homeschooling mom, and a self-described “risk-averse” investor. So, when her husband suggested they buy an investment property back in 2018, she was skeptical. However, it didn’t take long for that first property to start generating plenty of cash flow, at which point Grace saw that real estate investing was far less “risky” than many other investments. Fast forward to today, and Grace owns a real estate portfolio that’s creating long-term wealth for her family, despite losing money on three different house flips. In this episode, she shares the importance of having a mentor to help you navigate the ebbs and flows of real estate, why bookkeeping is one of the most underrated skills, and some of her favorite tools and software for new investors! In This Episode We Cover Why Grace never gave up on real estate (even after three “failed” house flips) The four people every real estate investor needs in their corner The two-part software “stack” every new investor should have The biggest challenges when going into real estate investing with family What to know before putting your rental property in an S corporation Why you should always speak to multiple lenders before getting financing And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-731. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 4 days ago22 min
The Best Property Management Software for Small Landlords (Rookie Reply)
Thinking about self-managing your rental property? Then, you’ll need property management software to help with things like processing applications, collecting rent, and managing maintenance requests. In this episode, we’re sharing our favorite tools so you can pick the right one for your portfolio! Welcome back to another Rookie Reply! There are dozens of property management tools floating around, but which ones are best for new landlords? Ashley breaks down the different categories of landlord software and shares four steps to finding the right option for you. Next, are regulations slowly killing the short-term rental industry? The short answer is no. However, there are two things every investor should do before committing to a short-term rental market, and Tony’s going to tell you what they are! Finally, we’ll get into wholesaling, a strategy that could help kickstart your real estate investing journey without having thousands of dollars to deploy. We’ll show you how the entire wholesaling process works and three easy ways to find deals today! Looking to invest? Need answers? Ask your question here! In This Episode We Cover The best property management tools for beginner landlords Four steps to finding the right property management software for you What heightened regulations mean for the future of short-term rentals Whether short-term rentals are still a viable investing strategy in 2026 Three ways to start wholesaling today (with low money!) And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-730. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 6 days ago40 min
Big Changes I’m Making to My Portfolio This Year (That Will Make Me Richer)
Many rookies think things become easy once you’ve built a large real estate portfolio, but that’s far from true. Even with 26 short-term rentals, a 13-unit hotel, and a few house flips under his belt, Tony deals with many of the typical rookie challenges. In today’s episode, he’s sharing the lessons he’s learned and the rental pivots he’s making so YOU can grow and scale like him! Welcome back to the Real Estate Rookie podcast! Last time we checked in with Tony about his real estate business, he was in the process of stabilizing his new hotel. Now, with an entire calendar year in the books, we’ll revisit the property and how it’s performing today. We’ll also hear about Tony’s next hotel investment and how he’s approaching it differently now that he has proof of concept. Tony also outlines the best course of action for new investors who want to break into the short-term rental space in 2026. Finally, what does a day in the life of a full-time real estate investor look like? Tony gives you an inside look at the flexibility he enjoys by owning rental properties that you don’t get with a nine-to-five job! In This Episode We Cover Rental pivots Tony’s making in 2026 for even bigger returns Updates on Tony’s rental portfolio and his 13-unit hotel investment The biggest pain points when investing in a smaller real estate market What Tony’s average week looks like as a full-time real estate rental investor First steps for rookies looking to invest in short-term rentals in 2026 How to build a real estate business that gives you more freedom and flexibility And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-729. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 1 weeks ago43 min
She Started Investing in College and Already Has 5 Rental Units (And Counting)
The real estate investing moves you make today could change your life. Those in their 40s, 50s, and 60s often look back and regret not starting sooner. Today’s guest isn’t letting that happen, and in this episode, she’ll show YOU how to take advantage when that next rental property comes your way! Welcome back to the Real Estate Rookie podcast! When Megan Chou’s father challenged her to read the personal finance classic, Rich Dad Poor Dad, little did she know it would completely alter her life’s trajectory. The book’s lessons on building wealth inspired her to stash her money away in a brokerage account and, at just 20 years old, buy her very own rental property—a townhome she house hacked with her best friend. Then, only two years later, right as she was graduating from college, she took down a fourplex—renovating each unit while living in it, one by one. Stay tuned as Megan shares how she leveraged her home equity to buy it, what went wrong after buying the property, and how she stayed resilient when her property started fighting back! In This Episode We Cover How Megan bought her first two rental properties (while still in college!) How to fund your next investment property using your existing home equity What Zillow, Redfin, and the MLS can’t tell you about properties or neighborhoods Bouncing back from ice, raccoons, and plumbing failure on the same property Two crucial things to do when experiencing a setback with your property And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-728. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 1 weeks ago26 min
My Rental Property Has Zero Appreciation: Should I Hold or Sell? (Rookie Reply)
Do you have home equity sitting in your primary residence? You could use it to buy your first or next rental property! There are several ways to do this, and in today’s episode, we’re sharing them so you can make your money work harder! Welcome back to another Rookie Reply! Whether it’s a home equity line of credit (HELOC) or a cash-out refinance, there are multiple ways to access the equity in your home. But which option is best? Stay tuned and we’ll help you determine the right move for your situation. Next, if you’re preparing to open an Airbnb, the days leading up to launch can be nerve-wracking. Thankfully, our resident short-term rental expert, Tony, has some game-changing tips that will help you create the best possible guest experience and bring in plenty of five-star reviews! Finally, what do you do if your investment property hasn’t appreciated at all over the last one, two, or even five years? Should you hold or cut it loose? The answer is more nuanced than you might think, but we’ll help you reach the right decision for your real estate investing goals! Looking to invest? Need answers? Ask your question here! In This Episode We Cover How to use your primary residence to buy your first rental property Three ways to access your home equity (and fund your next property) How to create a five-star Airbnb experience (and get more reviews!) What every rookie should know before launching a short-term rental When to sell a rental property that has low or negative cash flow Whether a rental property with low (or no) appreciation is a bad investment And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-727. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 1 weeks ago46 min
The Ultimate Guide to Buying Off-Market Properties (As a Complete Beginner)
Struggling to find great real estate deals on the MLS? What if we told you some of the best rental properties are often found elsewhere? If you want better cash flow and bigger margins, you may need to start looking for off-market properties. Thankfully, today’s guest is an expert on these types of deals and will show YOU exactly how to find them! Welcome back to the Real Estate Rookie podcast! When Janelle Carlson first started investing in real estate several years ago, she would find properties like most new investors do—on the MLS. But around 2021, something changed. With record-low mortgage rates and properties often selling for above asking price, the deals started drying up. So, Janelle started looking off-market instead and had enormous success. Today, she does over 30 off-market deals per year! With a little time, effort, and Janelle’s blueprint, you could buy your first or next off-market property this year, too. In this episode, she shows you where to look for leads, the different types of strategies to use, and the secrets to negotiating a home-run deal! In This Episode We Cover How to find and buy off-market properties as a complete beginner The biggest differences between off-market and on-market deals Finding deals within your buy box using the pay per lead (PPL) strategy Everything you need to launch your own real estate direct mail campaign How Janelle was ghosted by her partner on her very first deal (and lost $35,000) And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-726. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 2 weeks ago40 min
He Was Making Just $12/Hour: Now He Owns 7 Rental Properties (10 Units)
You don’t need a big market, huge salary, or even a college degree to invest in real estate. Today’s guest had a very simple goal when he started: replace his $12/hour construction job. He’s already achieved that, and today, he owns seven rental properties…and counting! Welcome back to the Real Estate Rookie podcast! Nathan Shelby has dabbled in several investing strategies, from mobile home lots to fixer uppers. But he’s recently landed on a strategy that allows him to use the BRRRR method (buy, rehab, rent, refinance, repeat) on new construction homes—just without the renovations. Despite investing in a relatively small town, one of these properties appraises for roughly twice the cost to build it, allowing Nathan to pull 100% of his cash out for the next one! Nathan has found his groove in the last couple of years, but it wasn’t always smooth sailing. In this episode, he shares some of the biggest mistakes he made early on—pitfalls you can easily avoid. Stay tuned to learn about the systems and tools you should implement on day one, how to dial in your tenant screening process, and why new construction is often easier than renovating! In This Episode We Cover How Nathan scaled to 10 rental units without a big salary or college degree How to find highly profitable real estate deals outside of the MLS Why new construction is often easier than rental renovations Must-have systems and tools to build and scale your real estate portfolio Three of the biggest mistakes new investors make (and how to avoid them) And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-725. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
- 2 weeks ago24 min
How to Pay (Much) Less in Taxes as a Real Estate Investor (Rookie Reply)
Rental properties can give you cash flow, appreciation, and loan paydown from tenants. But tax benefits are often the unsung hero of real estate investing. Today, we’re sharing some of the best real estate tax strategies so you can keep more of your hard-earned money from Uncle Sam! Welcome back to another Rookie Reply! Should you do a cost segregation study? Many investors use this tax strategy to accelerate depreciation and create massive paper losses, but what’s the catch? Stay tuned as we break down the potential pitfalls and everything you need to know before getting started. What about a 1031 exchange? This strategy allows you to defer capital gains taxes when selling a rental property, but what if you’re flipping houses? Every landlord wants a great tenant in their rental property, but how do you find them? From credit scores and income requirements to employment verification and background checks, we show you how to dial in your tenant screening criteria so that you make the best possible decision! Looking to invest? Need answers? Ask your question here! In This Episode We Cover Real estate tax strategies that will help you keep more money from the IRS How to accelerate rental property depreciation with a cost segregation study Offsetting your active income with the short-term rental tax “loophole” The two ways to qualify for Real Estate Professional Status (REPS) How to select the best tenant for your rental property (fairly and legally) Whether you can do a 1031 exchange when flipping a house And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-724. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
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About Real Estate Rookie
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. We’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.
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