This is Real Estate Rookie Episode 156.

My name is Ashley Care, and I am here with my co-host, Tony Robinson, for another Rookie reply.

And welcome to the Real Estate Rookie podcast where every week, twice a week,

we bring you the motivation, the inspiration, and we answer your questions about getting started

in the world of real estate investing. So whether you're a rookie, whether you're seasoned,

we hope you get some value from today's show and every show that we put out.

So Tony, what's new with you today?

Things are actually going pretty good. We're off to a pretty good start for the new year.

We've got two different rehabs that are in progress right now.

Well, technically three, one's done, we're waiting to sell, but anyway, we've got two that are

like in the middle of a being rehabbed and super excited for how those ones are going to turn out.

One of them is so nice that we're almost contemplating not selling it because we're so

emotionally now invested into this property. So that's going well. And then I actually just submitted

an L.O.I. today on a 33-unit motel. So we'll see how that one turns out.

I'm so excited for you on that one. I know you've been looking for motel for a while to kind of

turn into a little Airbnb for the different rooms. So I can't wait to hear what happens at that.

Yeah, hopefully it comes back. The seller's kind of being out of here. He's being a tough

negotiator, I'll say. So we'll see what it comes back to be. But what's new on your site?

Well, I finally closed on a property yesterday. Oh, man, has it been five years already?

I have so much stuff underconjected. Nothing's closing. So finally,

close on, it's a little a-frame cabin with three acres and we're just going to turn it into a

short-term rental. So we have a lot of rehab to do it, but it's such a, it's only like 700 square feet.

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