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380: Rookie Reply: How to Start Investing, Walking Away from Deals, & Co-hosting

380: Rookie Reply: How to Start Investing, Walking Away from Deals, & Co-hosting

FromReal Estate Rookie


380: Rookie Reply: How to Start Investing, Walking Away from Deals, & Co-hosting

FromReal Estate Rookie

ratings:
Length:
40 minutes
Released:
Mar 15, 2024
Format:
Podcast episode

Description

You want to start real estate investing, but where should you start? Should you buy a course, join a mastermind, or do your own research? There’s no one-size-fits-all approach to investing, but we can point you in the direction that aligns with your investing goals!
Welcome back to another Rookie Reply! In this episode, we’re going to start at square one of your real estate journey. We also get into investing partnerships and how to work “sweat equity” into your partnership agreements. Have you ever come across a property with red flags? Learn when to walk away from a deal and when to double down instead. Finally, stick around until the end as we bring repeat guest Nicole Rutherford on to talk about starting a co-hosting business, vetting co-hosts, and finding a short-term rental market!
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:
How and where to begin your real estate investing journey
When to walk away from a deal (and when to double down!)
How to structure a real estate partnership (and account for “sweat equity”)
Finding the right co-host to help manage your rental property
Expert tips for finding a new short-term rental market
And So Much More!

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-380
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:
Mar 15, 2024
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.