476: Using Partners to Scale & Killing it With Airbnbs w/ Tony J Robinson

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 10 June 2021

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Normally we have two hosts and one guest, but today we have three hosts, and one of them happens to be a guest as well. We welcome Tony J Robinson, host of the BiggerPockets Real Estate Rookie Podcast, to the show! Tony has grown a respectable following due to his impressive short-term rental portfolio, his ability to scale quickly, and his made-for-radio voice. Tony grew up with real estate around him. His dad had a wholesaling company, and when it closed down his father relayed to Tony that his biggest mistake was failing to keep any of the wholesale deals as rentals. With this advice in mind, Tony saw an opportunity to fix up some rental properties in Louisiana. This gave him an intro to real estate funding, and after a few successful deals, he decided to dive in head first. Now, Tony has short-term rentals in Tennessee and Joshua Tree. He’s started multiple partnerships and speaks on the benefits of having reliable, trustworthy partners, plus how to avoid toxic partnerships that will stop you from scaling. He also lets us in on his free and simple method of finding out whether or not a market will work for short-term rentals. In This Episode We Cover: The importance of having cash-flowing passive income Why you should never treat a rental like your primary residence Buying in markets that are heavily reliant on tourism How to make a strong, stable, and reliable partnership The risk vs. rewards of short-term rentals Long-distance real estate investing as a rookie investor And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Real Estate Rookie Podcast BiggerPockets Money Podcast BiggerPockets Youtube Channel BiggerPockets Money Youtube Channel (Please subscribe!) Real Estate Rookie Youtube Channel (Please subscribe!) BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl Airbnb VRBO Zillow PriceLabs Brandon's Instagram David's Instagram Check the full show notes here: http://biggerpockets.com/show476 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 476 real estate investing itself is not complicated
0:06.6	I feel the idea of real estate investing is actually quite simple
0:09.7	But people always confuse
0:12.2	Simple versus easy right or complicated versus hard and real estate investing even though it's pretty simple
0:18.6	It is very hard right? It's not easy
0:20.4	But it is very hard and it takes a lot of work to stick with it long enough to see the results
0:25.3	You're listening to bigger pockets radio
0:27.6	Simplifying real estate for investors large and small if you're here looking to learn about real estate investing
0:34.4	Without all the hype you're in the right place
0:37.5	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets dot com
0:43.4	Your home for real estate investing online
0:46.6	Let's go none of our own it's Brendan Turner hosted the bigger pockets podcast here with my co host
0:51.3	Mr. David short-term rookie green. What's that man? How you doing?
0:55.0	Short-term rental short-term rookie very nice. Yeah, I am a rookie in the short-term rental game
1:00.5	Yeah, I'm doing amazing. I'm co-hosting the best and biggest real estate podcast
1:05.4	Maybe the best biggest podcast ever in the world. So how can I be having a bad day?
1:09.6	Well, you could be hosting the newest best real estate show in the world called real estate rookie
1:14.5	But instead Tony Robinson is hosting that one along with Ashley so
1:18.3	Speaking of Tony Robinson. That's our guest today Tony Robinson's gonna be joining us today
1:22.1	He's the host of the new bigger pockets real estate rookie podcast
1:24.9	That's pretty good transition right did you say I float that you float like a river?
1:28.8	I tell people all the time well
	...

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