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197: From the Screen to Short-Term Rentals and How "Stargirl" Started Investing w/Brec Bassinger

197: From the Screen to Short-Term Rentals and How "Stargirl" Started Investing w/Brec Bassinger

FromReal Estate Rookie


197: From the Screen to Short-Term Rentals and How "Stargirl" Started Investing w/Brec Bassinger

FromReal Estate Rookie

ratings:
Length:
58 minutes
Released:
Jul 6, 2022
Format:
Podcast episode

Description

If you’re unsure about real estate, run the numbers. It’s that simple. Once you run the numbers, you’ll have clarity on which decisions to make and tangible reassurance that you made the right ones. Today’s guest, actress Brec Bassinger, shares how focusing on the numbers has given her the confidence to become the successful investor she is today.Brec’s name may sound familiar to some of you. She’s been the star of Bella and the Bulldogs and the new hit show, DC’s Stargirl. Brec’s interest in real estate began after a trip to Big Bear with her boyfriend when she realized the earning potential of short-term rentals. She decided to buy a condo and had her first short-term rental within six months. The speed at which she got her first deal may seem intimidating, but Brec’s confidence came from the numbers she calculated and the profits she knew she could make.During her first season of Stargirl, Brec had to share a small apartment with her coworker because that’s all she could afford with her fluctuating income. Now she makes more money by living in an expensive high-rise apartment while renting out her old space. Real estate has allowed Brec to supplement her fluctuating income without a W-2 and the freedom to live the life she wants. And even though she plays a superhero, her story proves that you don’t have to be one to invest in real estate. In This Episode We CoverHow to confidently close on your first investment property and move past fearBecoming more financially stable by supplementing your income with a passive income streamThe importance of running the numbers and how to use the simple rental calculations to make profitable decisionsBuilding a relationship with your property manager and eye-opening questions to ask themHow to qualify for loans without a “steady” incomeAnd So Much More!Links from the ShowAshley's InstagramTony's InstagramBiggerPocketsReal Estate Rookie Youtube ChannelReal Estate Rookie PodcastReal Estate Rookie Facebook GroupAirbnbBPCON202220 Deals in a Year as a Professional Basketball Player w/ Terry HarrisTerry Harris' InstagramZillowAirDNABiggerPockets CalculatorMLSFrom Sleeping in His Car to Multi-Unit Landlord & The “Nomad” StrategyNick Cooley's InstagramConnect with Brec:Brec's InstagramCheck out the full show notes here: https://biggerpockets.com/blog/rookie-197Interested 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.
Released:
Jul 6, 2022
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.