Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

18: Starting at Age 45 With a "1% Rule" Property (in New Jersey!) With Tricia Baxter

18: Starting at Age 45 With a "1% Rule" Property (in New Jersey!) With Tricia Baxter

FromReal Estate Rookie


18: Starting at Age 45 With a "1% Rule" Property (in New Jersey!) With Tricia Baxter

FromReal Estate Rookie

ratings:
Length:
58 minutes
Released:
Jul 1, 2020
Format:
Podcast episode

Description

She read Rich Dad Poor Dad, got angry at herself for not having built multiple income streams... and decided to do something about it! Tricia Baxter is a real estate rookie who got in the game in her mid-40s. In this episode, she shares how she built a healthy portfolio of small multifamily properties on the Jersey Shore.Tricia's a busy professional with her own law practice, but she still decided to self-manage when she got started—namely, to learn the ropes and create standard operating procedures, which came in handy when she eventually hired a property manager (spoiler: that's her MVP!).This episode is full of great tips for anyone who aspires to treat their real estate investing like the business it is!In This Episode We Cover:Self-managing your first property as a learning exerciseWhy Tricia chose to buy long-term rentals in a touristy areaHow she finds great vendors using private Facebook groupsHow to handle raising below-market rentsHer tips for financing deals creativelyJuggling real estate with a demanding careerThe importance of multiple income streamsAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupFelipe's InstagramAshley's InstagramBiggerPockets PodcastTony RobbinsRobert KiyosakiBiggerPockets InsightsBiggerPockets Wealth MagazineBiggerPockets CalculatorsCheck the full show notes here: http://biggerpockets.com/rookie18See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 1, 2020
Format:
Podcast episode

Titles in the series (100)

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.