44: The Top 10 Real Estate Rookie Questions Answered by Tony and Ashley

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 30 December 2020

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You asked, we answered! This week we’re tackling the most common and most interesting questions asked on the rookie request line! If you’ve sent in a voicemail, you may be featured on this week’s episode! Questions such as: What is better, LLCs vs. Sole Proprietorships for buying properties? How to find a great real estate agent What do you do after you’ve bought your first rental? The best investment types that AREN’T real estate How to start buying rentals after bankruptcy And many more great questions! These will all be answered by our two experienced co-hosts, plus a special cameo from our senior producer, Kevin! If you’ve been wondering about a certain aspect of real estate or just want to know what you can do to get started, this is the episode for you! In This Episode We Cover: How LLCs can limit or expand your financing for rental properties What factors make a great agent (and which one’s definitely don’t) The importance of shopping around for many different financing options What other asset classes real estate professionals invest in Subletting and AirBnB arbitraging How lenders look at income when two different partners are in on a deal Whether you should pay off debt or add more investments And SO much more! Links from the Show Real Estate Rookie Facebook Group BiggerPockets Find an Agent Rookie Podcast 43: Defeating 5 Years of Analysis Paralysis to Do 4 Deals in 2020 with Jacqueline Smith Dave Ramsey Debt Free Community on Instagram BiggerPockets Money Rookie Podcast 23: From Dave Ramsey Disciple to No-Money-Down Real Estate Investor with Sarah Brandenberger BiggerPockets Keyword Alerts How I Used Real Estate to Pay for My Newborn Daughter’s College Education (Brandon Turner's Blog Post) Cashflow Board Game Be a Guest on the Podcast! Check the full show notes here: http://biggerpockets.com/rookie44 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is a real estate rookie show number 44
0:04.7	It's never too early to start talking to your kids about investing like actually said your young a son is three. That's amazing, right, to make sure that it's like a very normal part of the conversation. My name is Ashley Care and I am here today with my lovely co-host Tony Robinson.
0:31.0	We have a very special episode for you guys. It's just going to be us. You're going to get all of us the whole episode and we are going to be answering questions from the rookie request line.
0:43.7	Thank you to everyone who was sending their voicemails.
0:46.9	Tony and I got to listen to all of them.
0:49.2	They get emailed directly to us.
0:50.9	And we picked out 10 of them that we are going to answer and we also get a special cameo from the show producer Kevin today too.
0:59.0	Yeah, I love these kind of episodes because you know actually we do our best during the
1:03.2	interviews to pull out some really good questions from the from the guest but to
1:06.4	actually hear all of the listeners questions and be able to dive into him deeply I'm
1:09.9	excited for that.
1:10.9	Yeah so before we jump into the first question I want you guys to know
1:15.6	that you can call 1-8-8-85 rookie and call and leave us a voicemail at any time
1:21.4	Tony will listen to it if you leave it at 1 a.m. or you leave it at 3 p.m. So make
1:27.0	sure to call and leave us your questions and we could play it on a future
1:30.4	episode of the Real estate rookie podcast.
1:33.8	Before we get to the episode, let's hear a word from our show sponsor.
1:40.1	Did you know that traditional homeowners insurance doesn't cover a rental property in the event of a claim?
1:44.8	With so many potential risks, you don't want to be on the hook for a financial loss for yourself, or your renters.
1:50.5	That's where Steadily.com comes in. Steadily offers fast, affordable landlord insurance online.
1:56.0	Simply enter your property address and Steadily's powerful tech will provide a personalized quote in just a few minutes.
2:02.0	A team of Landlord Insurance Specialists are available via phone, email, and
	...

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