101: From Real Estate Agent to Profitable Landlord with Dawn Brenengen

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 18 December 2014

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ever wonder what real estate investing looks like from a real estate agent’s perspective? On today’s episode of the BiggerPockets Podcast, we sit down with Dawn Brenengen, a real estate agent-turned-landlord and discuss how she made the transition into the investing world, as well as her tricks and tips for success as a landlord. Along with important insight into the real estate licensing process, Dawn covers property management, house hacking, and a whole lot more! Listen for advice on finding a great property, handling everyday rental issues and finding that elusive “ideal” tenant. And in case you were wondering when it’s appropriate to bend the “2% Rule” — this episode explores that, too! Whether you have experience as a real estate agent or not, don’t miss this inspiring show! In This Show We Cover: How Dawn got started in real estate Thoughts on being a licensed real estate agent The qualities that make a successful agent A real estate agent’s perspective on what investors are looking for The 2% rule — and how to know when to bend it Importance characteristics of a great property The process of “house hacking“ What you need to know about property management How to handle tenant issues with grace The process of qualifying tenants Different perspectives on owning a home The ins and outs of establishing relationships with property managers The pros and cons of self management versus hiring the job out Tenant red flags and finding the ideal tenant Plus MUCH more! Links From the Show: The Real Estate Agent’s Ultimate Guide to Working with Investors Brandon’s article on House Hacking Podcast Episode with Chris Clothier BP Podcast Show 100 Resident Research List Hub Zillow Trulia CraigsList BiggerPockets Forum ActiveRain Be a Guest on the Podcast Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg I Shouldn’t Be Telling You This by Kate White Connect with Dawn Dawn’s BiggerPockets Profile Dawn’s Facebook Dawn’s LinkedIn Dawn’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast, Show 101.
0:05.0	You're listening to Bigger Pockets Radio,
0:08.0	simplifying real estate for investors large and small.
0:12.0	If you're here looking to learn about real estate investing, large and
0:15.0	be sure to learn about real estate investing without all the height, you're in the right place.
0:18.0	Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.
0:24.0	Your home for real estate investing online.
0:26.7	What's going on everybody?
0:27.8	This is Josh Dorkin, host to the BiggerPockets Podcast here with my co-host, Mr. Brandon Turner.
0:34.3	What's going on, Brandon?
0:35.3	Not a whole lot, Josh Dorkin, how are you?
0:38.0	It's good to have you as a co-host once again instead of as my, you know, inquisitor, my inquisitioner, what's the word?
0:46.1	I don't even know what you're talking about.
0:48.3	Last year, no?
0:50.3	Boss.
0:51.3	What?
0:52.3	Really? Huh? I wondered how that rumors got started that I worked for you and and I
0:58.0	I think I'm starting to get it now nice I don't know but I it could be the fact that I put that on my bigger pockets profile
1:04.2	and my Facebook page Twitter you know that's awesome that's how I roll all right so
1:08.8	anyway today we are show 101 which coincidentally is also the name of the highway by my house so I think that's a sign
1:18.2	Sign of what Brandon I have a sign that our goal check out this transition to quick to let's see how you parlay this
1:26.4	our goal for bigger pockets for the year of 2014 is to hit a thousand and one
	...

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