128: Rookie Reply: Finding & Financing Bigger Real Estate Deals

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 6 November 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ashley and Tony have been on a tear this year, buying up more homes than ever before. They’ve also been branching out into bigger commercial deals, like RV parks, campgrounds, hotels, motels, and more. While every real estate rookie knows the thrill of finding a new deal, many don’t understand the struggles that go with it. Today, Ashley and Tony walk through the biggest hurdles they’ve been facing when trying to chase bigger, better deals. One of the biggest struggles when getting into a larger real estate class is financing. You’ll hear how the hosts individually dealt with difficult financing challenges, from subject to financing to raising money and syndicating. 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). Links from the Show Real Estate Rookie Rookie Facebook Group Real Estate Rookie Youtube Channel Vrbo Airbnb BiggerPockets BiggerPockets Podcast 527: 300 Doors, 100% Creative Financing with Pace Morby Check the full show notes here: https://www.biggerpockets.com/rookie128 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie Episode 128.
0:07.9	We are here to talk to you guys about real estate investing and how to get started as a
0:14.5	rookie investor, whether you are brand new or have your first couple deals. Tony and I,
0:20.7	my wonderful co-host want to help you break down what strategy, how to invest and what to do to
0:27.6	get started. Tony, what is going on today?
0:31.0	Ash the care, what's going on? What a wonderful introduction for all of the first time listeners
0:36.0	here to the Real Estate Rookie podcast. I love how you broke that down. But no, today's a good day,
0:40.9	Ash. It's a beautiful morning here in SoCal. It's actually been raining like the past four days,
0:44.8	which is rare for us and the sun finally broke so we got a beautiful day coming out. But yeah,
0:49.6	what's new in your neck of the woods?
0:51.6	I think we need to set a ground rule, first of all, that starting now until spring,
0:56.8	we can't talk about weather because it's just going to make me depressed talking about
1:02.2	your weather compared to my snowy buffalo weather every day. But it's literally going to be like
1:06.6	96 in sunny all day today and we're we're like in the thick of fall right now.
1:11.1	I actually do like winter though, like I do like that we have all different seasons. I went
1:15.1	and I got all my snowboard gear so I am ready for the snow to fall this year.
1:21.6	If I ever moved to Buffalo, I would be like on house arrest from like fall until spring time.
1:27.0	Like I can't imagine having to like bundle up to go like grocery shopping or like shoveling snow
1:32.3	to get out of your house. So I would just give up. I'd stay home all season.
1:35.6	Well, they have Instacart so you don't have you can get your groceries delivered and then you just
1:40.8	marry a husband who does this no shopping for you. There you go. That was always my back of
1:47.4	plan is is marry the right husband. Yeah, yeah, yeah, but you could also out source snow
	...

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