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Real Estate Rookie

How to Build a Scalable Real Estate Business (While Working a W2!) in 2025

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 6 January 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

Want to build a thriving real estate business in 2025? There’s a major mindset shift you need to make if you want to be successful in today’s market. Whether you want a couple of cash-flowing rental properties or dream of building a multimillion-dollar company, like Steve Rozenberg did, you won’t want to miss this episode! Welcome back to the Real Estate Rookie podcast! When Steve was furloughed from his job as an airline pilot, he knew he needed another way to make money. He dabbled in several real estate strategies—flipping houses, wholesaling, and buy and hold investing—and experienced his fair share of failure along the way. But what he discovered was that the cost of inaction was much higher than the cost of action. By educating himself, learning from his mistakes, and laying the proper foundation for his business, he was able to scale a multimillion-dollar property management company! In today’s episode, Steve will give YOU the blueprint for starting your own real estate business this year. You’ll learn about the two biggest mistakes new investors make, the systems and processes that will allow you to scale, and how to identify the perfect investing strategy for you! In This Episode We Cover: The blueprint Steve used to build a multimillion-dollar company The crucial mindset shift you need to succeed in today’s market The two biggest mistakes new investors make when starting out How to lay the proper foundation for your real estate business (in five steps!) Creating systems and processes that allow you to scale your real estate portfolio The number of standard operating procedures (SOPs) you actually need How to choose the perfect investing strategy for you in 2025 And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube The Checklist Manifesto Buy the Book “Scaling Smart” Find an Investor-Friendly Agent in Your Area How to Build Effective Systems in Your Real Estate Business Connect with Steve (00:00) Intro (01:22) Starting from Zero (05:07) Mindset Shift & Critical Mistakes (10:41) HUGE Lessons Learned (18:35) The Secret to Scaling (25:43) Building Systems & Processes (33:31) The “One-Page” SOP (40:23) Connect with Steve! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-506 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What does it take to grow a thriving real estate business? Build systems that scale and develop

0:06.2

the mindset to overcome challenges. In this episode, Steve Rosenberg shares invaluable lessons

0:13.0

from his journey that you can apply to your own path, whether you're building a portfolio,

0:18.6

starting a business, or working towards financial freedom.

0:22.3

Steve's going to break down how to create systems that save time and make money,

0:27.5

the importance of mindset and navigating failures and how you can turn challenges into opportunities.

0:34.4

This episode isn't just about his story.

0:36.9

It's about the tools and strategies that you can use to

0:40.0

achieve your own success. If you're ready to level up your real estate game and entrepreneurial

0:45.4

mindset, this one's for you. Welcome back to the Real Estate Rookie Podcast. I'm Ashley Care and I'm here with Tony J. Robinson.

0:59.2

And this is the podcast where every week, three times a week, we bring you the inspiration,

1:04.1

motivation, and stories you need to hear to kickstart your investing journey. And we are super

1:08.4

excited to welcome to the show, Steve Rosenberg.

1:10.9

Steve, welcome, brother. Super pumped to have you, man.

1:12.9

Great to see you guys, as always, my good friends, and I always enjoy these conversations.

1:17.4

So I hope you guys had a great holiday, great new year, and ready to kick it off.

1:21.9

Yeah, so we thought we'd bring on Steve to start off the new year of 2025.

1:26.5

Before we get into mindset and how rookie investors

1:30.0

can really get a great kickstart to their goals for the year, tell us just a little bit

1:35.0

of background about yourself. So my background, probably like many people on this call,

1:39.3

I have a regular, we'll say regular nine to five job. I have a career, still have it. It's being an airline pilot.

1:46.2

I got involved in real estate way back after 9-11 when I got furloughed from the airlines,

...

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