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.

256: Rookie Reply: Escaping the Corporate Rat Race and Property Management Q&As w/Isaac Lane

256: Rookie Reply: Escaping the Corporate Rat Race and Property Management Q&As w/Isaac Lane

FromReal Estate Rookie


256: Rookie Reply: Escaping the Corporate Rat Race and Property Management Q&As w/Isaac Lane

FromReal Estate Rookie

ratings:
Length:
37 minutes
Released:
Jan 28, 2023
Format:
Podcast episode

Description

Escaping the rat race at 26 isn’t easy, but Isaac Lane, Arizona-based investor and rookie landlord, is doing it through out-of-state investing! Isaac started investing only a couple of years ago, but he’s been scaling quickly as he purchased five rentals in his first year of investing alone. Now, he balances his time between working his day job as an engineer for a commercial real estate firm and managing his properties that are multiple states away!Welcome back to another Rookie Reply, where Isaac is helping us answer some common property management questions. He gives advice on how to start investing out of state and where to begin building your real estate team. And for those who still haven’t done their first deal yet, Isaac talks about property management, maintenance requests, inherited tenants, smart devices, landlord insurance, and why you ALWAYS change your locks during a tenant turnover.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).In This Episode We CoverHow to start escaping the rat race through real estate investing (even at a young age)Long-distance real estate investing and the team you need to succeed from afarHow property managers handle maintenance and why you should ask for pictures on every repairWhat to do when you inherit tenants and whether or not they should re-apply for your rentalLandlord vs. homeowners insurance and why tenants should always have a renter’s policyWhen to change locks on a unit and the big key-code mistake Tony made on his short-term rentalAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramBiggerPockets ProReal Estate Rookie Facebook GroupBiggerPockets BootcampsBiggerPockets ForumsRentRediBuilduimAppfolioLandlordLocks Connect with Isaac:Isaac's BiggerPockets ProfileIsaac's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-256Interested 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:
Jan 28, 2023
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.