801: The Secret to Building a Rental Portfolio With Limited Time, Money, or Experience

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 6 August 2023

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

No time or money to invest? You need a real estate partnership. What keeps almost every real estate rookie from investing is the fear that they’ll fail or that they don’t have enough to get started. But what if you could join forces with an experienced investor and learn the real estate investing game while gaining equity? Or, what if you’re busy making money from a high-paid job or business and don’t want to manage tenants, toilets, or trash? Well, there’s a good chance a partnership could take your passive income to the next level. To help unlock the world of real estate partnership, Ashley Kehr and Tony Robinson from the Real Estate Rookie podcast join us and give a glimpse into their new book, Real Estate Partnerships. In it, they talk about the four reasons why most investors need a partner, where to find the right person to invest with, the different types of partnerships (equity vs. debt), and red flags that you CAN’T ignore. Both Ashley and Tony have built multimillion-dollar real estate portfolios thanks to partnering up. So, if you’ve tried to go at it alone and aren’t having much luck building wealth, this may be your sign to start searching for a partner who will help you build your rental property portfolio! Grab your copy of Real Estate Partnerships and use code “PARTNER801” at checkout for an exclusive discount. In This Episode We Cover: The four signs that you NEED a partnership to succeed in real estate The red flags to RUN away from if you see them in a potential partner Debt partnerships vs. equity partnerships and how the wrong one could kill your deal The partnership agreement and why you MUST sign one before you start investing together Where to find the perfect real estate partner (they’re closer than you think!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER801” at Checkout How to Use the DISC Profile to Communicate Effectively in Business Connect with Ashley & Tony: Ashley Kehr's BiggerPockets Profile Ashley's Instagram Real Estate Rookie Podcast Tony Robinson's BiggerPockets Profile Tony's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-801 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets podcast, show 801.
0:04.4	How do you even find a partner?
0:06.3	So the first thing is just sitting down and writing a list
0:09.3	as friends and family even, writing them down.
0:12.5	But I guess even a step before that is to thinking about what you need
0:16.8	in a partner and what you're bringing to the table too.
0:19.3	So then that can help you narrow down as to who you can actually solicit, I guess,
0:24.3	or provide an opportunity for to somebody else
0:27.4	based on what your needs and desires are.
0:42.1	My name is Ashley Care and today I am hosting the Real State Rookie podcast
0:46.5	and the Bigger Pockets Real Estate podcast.
0:48.8	And we're here live in Los Angeles.
0:50.8	We were Spotify reporting podcast studios and
0:54.0	and we're here with David Green and Robert Abbas Solo,
0:57.8	all in person for podcasts.
0:59.9	I was doing the same and we're excited to be podcast dream team.
1:02.4	We did it in the land where you guys were made.
1:05.5	Yeah, I feel walking into Spotify today.
1:07.5	Very legit. How cool is you guys?
1:08.9	You were going to be on our podcast today.
1:10.6	Extremely cool.
1:12.0	Extremely cool.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.