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Real Estate Rookie

21: 5 Frequently Asked Questions When Starting Out with Felipe and Ashley

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.81.7K Ratings

🗓️ 22 July 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

Rookie FAQ time! Today Ashley and Felipe run through the top 5 questions from the Real Estate Rookie Facebook Group and the Rookie Request Line (leave us a voicemail at 1-888-5-ROOKIE). From finding and financing deals to the infamous LLC question and beyond, our co-hosts offer their advice and discuss various approaches new investors can use to build momentum. Plus, former BiggerPockets Real Estate Podcast guest Whitney Hutten makes a cameo to offer her two cents on how to properly vet turnkey providers. What did we miss? Let us know, and make sure you're subscribed to the show so you won't miss an episode. In This Episode We Cover: Various approaches to financing a deal Methods for finding deals when you're new to the game The one question you should ask every turnkey company (you probably haven't thought of it) Owning property an in LLC How to decide whether to get your real estate license And SO much more! Links from the Show Real Estate Rookie Facebook Group BiggerPockets Podcast BiggerPockets Calculators BiggerPockets Forums Facebook Marketplace Craigslist Rookie Podcast 09: Finding Off-Market Deals, Step by Step with Ryan Dossey (Mentor) and Drew Wiard (Mentee)—Part 1 Rookie Podcast 13: How Drew Pulled 6 Deals From His First Direct Mail Campaign With Ryan Dossey (Mentor) and Drew Wiard (Mentee)—Part 2 Ryan Dossey's Instagram BiggerPockets Podcast 340: How a Mom with a Full-Time Job Bought 10 Houses Her First Year with Whitney Hutten Check the full show notes here: http://biggerpockets.com/rookie21 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is, Real Estate Rookie Show, number 21.

0:05.0

I tell a lot of newbies.

0:10.0

I tell a lot of newbies, I say, say look don't underestimate your knowledge and your time more than not

0:16.7

people that have money don't have the time My name is Ashley Kerr and I am here with my co-host

0:29.7

Lipe Mejia and he has really exciting news to share what did you do for the first time ever.

0:37.0

All right so no it wasn't a Tesla but it will be soon but no it wasn't the Tesla. This time no joke. I went camping for the first time ever.

0:46.0

So I always wanted to do that when I was younger.

0:48.0

Everyone in my school, like friends and family and all that always did it.

0:51.0

But I just never did as a family. We were worried about other things. And I finally bought a camper and took my family camping. It was great. It was awesome.

0:58.0

Please share with them what you took camping with you.

1:03.0

So I know you think it's funny, but I took our flat screen and I hooked it up to the wall of the

1:08.0

camper and I actually had left it there. We're just going to get another one, but yeah, I was super excited.

1:12.0

But on to other things

1:13.4

Ashley you look like you've actually been working you're tan what what is going are you

1:18.1

outside did your husband put you outside yeah doing my rehab we did all the landscaping yesterday for the outside because we're

1:25.7

we're waiting for the electrician to finish inside so we figure we might as well

1:30.1

start with the curb appeal while we're waiting for him to finish and then we can move on to drywall.

1:35.0

But I have to add something to your camping because it's like funny to listen to you, talk about the flat screen and stuff, because when I grew up,

1:43.6

camping was we got into a canoe, packed for a week, and we canoed to our campsite

1:49.6

and you know, stayed intense and stuff like that.

1:53.2

But eventually, you know, we did start glamping

1:56.3

with a camper and everything like that.

...

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