BiggerPockets Real Estate Podcast BiggerPockets

You may know Ashley Kehr from the Real Estate Rookie Podcast, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to owning thirty-three long-term rentals, a short-term arbitrage property, two commercial units, and one mobile home park. Quite a diverse portfolio!

What makes this even more impressive is that Ashley wasn’t coming into real estate with boatloads of cash. In fact, she and her husband have never collectively made more than six figures from their W2 jobs. So how does someone with a median income generate such a massive amount of cash flow, appreciation, and time freedom?

Ashley discusses the five fundamentals of real estate investing that led her to seven-figure net worth. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If you’re ready to supercharge your investing and go from rookie to rockstar, commit to the game plan Ashley has laid out!

In This Episode We Cover:

How to invest in real estate while making a median income 

Diversifying your portfolio so you have multiple exit strategies and streams of income

Why every investor needs to “become a rookie all over again”

Using creative financing to structure deals that benefit the buyer and seller

Leveraging partnerships to find cash, divvy up responsibilities, and purchase more real estate

Owning a business and learning the skills that every leader needs to succeed

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Youtube Channel

BiggerPockets Publishing

BiggerPockets Bookstore

Real Estate Rookie Youtube Channel

Real Estate Rookie FaceBook Group

BiggerPockets Rookie Podcast

Tony's Instagram

Brandon's Instagram

David’s Instagram

Real Estate Rookie Bootcamp

BiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr

BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

Click here to check the full show notes: https://www.biggerpockets.com/show519




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Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.

On this live episode, your hosts, Brandon and David, are joined by Scott Trench, host of the BiggerPockets Money Podcast, Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.

You’ll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what’s working today (and what isn’t), plus a live version of the Famous Four and Fire Round.

If you weren’t able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!

In This Episode We Cover:

What’s ‘firing up’ the hosts of the BiggerPockets Podcast Network?

What investors can do in today’s market to ensure wealth tomorrow

Future trends that allow investors to profitably pivot

How BPCon helps connect investors, reshape ideas, and build wealth

How to vet partners before you go in on a deal with them

The top characteristics that contribute to your success as an investor 

Why you should definitely be at BPCon 2022 

And So Much More!

Links from the Show:

NPR (National Public Radio)

Kevin Leahy's BiggerPockets Profile

Mark Ferguson's InvestFourMore

Wendy Papasan's LinkedIn Profile

Noah Evans's LinkedIn Profile

Rickey Rodriguez's BiggerPockets Profile

Your First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First Deal

Joe Asamoah's BiggerPockets Author Profile

AJ Osborne's Personal Website

Steve Rozenberg's BiggerPockets Profile

InvestHer's Partnership Question Guide

Meetup

Hal Elrod's Personal Website

Dave Ramsey's Personal Website

Cashflow The Board Game

Matt Faircloth's BiggerPockets Author Profile

BiggerPockets Calculators

The Real Estate InvestHER Community




Check the full show notes here: https://biggerpockets.com/show518

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Avery Carl is the go-to contact for short-term rental investing. Her business, The Short Term Shop and The Mortgage Shop not only helps find properties and secure loans for prospective short-term rental investors but also helps guide investors through their first vacation property purchase. While this type of property can be a cash flow king, it also takes more management and a bit more time upfront to get the system oiled and operating smoothly.

Since we last talked to Avery, she’s quadrupled her portfolio from twenty-something short-term units to ninety-six units, sixty-one of which are large multifamily properties. Avery gives an in-depth analysis on why short-term rentals should hold a place in every investor's asset collection, and the common pitfalls investors go through when purchasing their first short-term rental.

If you’d like to learn more about building wealth through short-term rental investing, grab Avery’s brand new book Short-Term Rental, Long-Term Wealth!

In This Episode We Cover:

Why having short-term rentals can help real estate investors mitigate risk

How Avery added over seventy more doors to her portfolio in under two years

The wrong vs. the right questions to ask when buying a short-term rental

The five things people need to avoid when making their first STR purchase

Why you may want to “bear-proof” your next cabin in the woods

Not being afraid to ask questions when investing

Why you should buy Avery’s new book Short-Term Rental, Long-Term Wealth

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Youtube Channel

BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl

BiggerPockets Publishing

BiggerPockets Bookstore

AirDNA

PriceLabs

Airbnb

Vrbo

Facebook Marketplace

Turo

Realtor.com

Vacasa

Craigslist

Amazon

Check the full show notes here: https://biggerpockets.com/show517

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Everyone knows that financial education is one of the most crucial things to teach children at a young age. It doesn't just set them up to be wealthy, but it gives them the tools to be confident, choose delayed gratification, and hopefully, impact another young person’s life one day. This is understood wholeheartedly by Rashad Bilal and Troy Millings, former financial advisor and school teacher.

What had started as a small classroom experiment in teaching children financial literacy turned into a media empire. Rashad and Troy shared their class teachings online, which pushed them to create a course for the kids, and later into the Earn Your Leisure podcast, where they talk about everything ranging from high-value financial concepts to sports to entertainment and more.

What keeps Rashad and Troy going is knowing that their work is allowing thousands of people to improve their life situations, whether children or adults. The duo not only talks extensively about the difference between financial assets and liabilities but about relationship assets and liabilities. This helps answer the question: who’s helping bring you up and who’s trying to keep you down?

In This Episode We Cover:

The importance of spurring on financial literacy for young kids 

How to teach your children about money and examples you can use

The role that playing sports had in Rashad and Troy’s lives

Assets over liabilities and why you need to invest in relationship assets as well

Stocks, ETFs, multifamily, and cryptocurrency investments

Staying committed to your goals and following through

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Youtube Channel

BiggerPockets Conference 2021

BiggerPockets Agents Finder

BiggerPockets Insights

EYL Episode #63 Money Machine by Earn Your Leisure

Airbnb

Brandon's Instagram

David’s Instagram

OpenDoor Capital

Click here to check the full show notes: https://www.biggerpockets.com/show516

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It’s not uncommon for investors to start out by buying properties in their home markets. It makes things like neighborhood research, rehabs, and tenant showings so much easier when you’re only a short drive away from your property. That’s how Dave Meyer, VP of Data and Analytics right here at BiggerPockets, feels.

Dave is currently living in Europe and has invested exclusively in Denver, where he used to call home. Now, as an entirely remote landlord, he’s seen the data on how many markets (like Tampa, Florida) are doing phenomenally for appreciation and rent increases. David Greene, out-of-state investor and the man who literally wrote the book on long-distance real estate investing is here to offer some much-needed council.

With David having the experience as an agent and out-of-state investor and Dave having robust housing data at his disposal, the two come up with some clear plans to invest in up-and-coming markets. David and Dave talk about cash flow, appreciation, wage growth, the investing “spectrum”, and why so many real estate investors aren’t planning far enough ahead.

In This Episode We Cover:

Cash flow vs. appreciation and which one matters most to you

Developing your investment strategy and picking markets where it works

Balancing the benefits of real estate investing and the investing “spectrum”

What makes a market appreciate and cause rents to rise?

What to do once you’ve found a great market to invest in

Questions you should ask every out-of-state agent and property manager

Where Dave and David are both looking to invest

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Conference 2021

BiggerPockets Agents Finder

BiggerPockets Insights

BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone

BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!

Zillow

Check the full show notes here: https://biggerpockets.com/show515

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Once the housing market started to slide in 2007, smart investors began buying, and waiting, for rock-bottom prices to kick in. Investors were buying homes in some of the best markets for dimes on the dollar, and have seen massive profits whether keeping them as buy-and-hold rentals, BRRRR deals, or flips. While small investors started buying a couple of houses a year, institutional investors were doing far, far more.

Private equity funds, along with REITs and hedge funds knew that foreclosed homes were a steal, and their economies of scale made it even easier to turn these financially mismanaged properties into appreciation and cash flow kings. As institutional investors began fixing up these homes, listing them for rent, and later selling them, the entire market moved in an upward direction. Now, first-time homebuyers are competing with these economic powerhouses to lock down their first primary residence or rental property.

A man who has been covering this topic for years is The Wall Street Journal's, Ryan Dezember. Ryan has a keen understanding of what influences the housing market as a whole, why institutional investors are making the moves they are, and what this means for small mom-and-pop landlords. Dave Meyer also joins David Greene on this episode to discuss the ways small landlords can beat Wall Street at their own game.

In This Episode We Cover:

Why home prices dropped to the lowest point in 2011

How the pandemic gave institutional investors more buying power

Who are the “wall street buyers” that are buying thousands of single-family homes?

Why you should “find the tenant” before finding your next property

The “carbon monoxide” of investing that most investors aren't paying attention to

How institutional investors use economies of scale to rapidly rehab homes

What small investors can do to beat institutional investors at the closing table

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Youtube Channel

BiggerPockets Conference 2021

Blackstone

Zillow

Redfin

BiggerPockets Insights

BiggerPockets Show 515

Check the full show notes here: https://biggerpockets.com/show514

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.