68 min listen
334: Rookie Reply: Non-Renewal Notices, Rental Arbitrage, and Hard Money 101
334: Rookie Reply: Non-Renewal Notices, Rental Arbitrage, and Hard Money 101
ratings:
Length:
44 minutes
Released:
Oct 28, 2023
Format:
Podcast episode
Description
If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest? As a landlord, there are all kinds of pros and cons you need to consider before letting someone else lease out your home. But, not to worry—our hosts are here to spell them out!
Welcome back to the Real Estate Rookie podcast! In this episode, Ashley and Tony deliver some critical advice to landlords. In addition to rental arbitrage, they discuss non-renewal notices—when and how to deliver them! For first-time investors, they also provide a step-by-step process for creating an offer letter. What’s more, they break down the biggest differences between hard money loans and construction loans and which one is the better option for a BRRRR (buy, rehab, rent, refinance, repeat). Finally, they touch on structuring partnerships and all of the details you MUST flesh out before making one official!
If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).
In This Episode We Cover
The pros and cons of allowing Airbnb rental arbitrage in your units
How to deliver a non-renewal notice to a tenant (properly and legally!)
How to make an offer on an investment property (step by step!)
Key differences between hard money loans and construction loans
The BEST ways to structure a real estate investing partnership
And So Much More!
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-334
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
Welcome back to the Real Estate Rookie podcast! In this episode, Ashley and Tony deliver some critical advice to landlords. In addition to rental arbitrage, they discuss non-renewal notices—when and how to deliver them! For first-time investors, they also provide a step-by-step process for creating an offer letter. What’s more, they break down the biggest differences between hard money loans and construction loans and which one is the better option for a BRRRR (buy, rehab, rent, refinance, repeat). Finally, they touch on structuring partnerships and all of the details you MUST flesh out before making one official!
If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).
In This Episode We Cover
The pros and cons of allowing Airbnb rental arbitrage in your units
How to deliver a non-renewal notice to a tenant (properly and legally!)
How to make an offer on an investment property (step by step!)
Key differences between hard money loans and construction loans
The BEST ways to structure a real estate investing partnership
And So Much More!
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-334
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
Released:
Oct 28, 2023
Format:
Podcast episode
Titles in the series (100)
From 4 Years of Analysis Paralysis... to 4 Cash-Flowing Properties with Lauren and Kyle Clugston by Real Estate Rookie