Is the 2026 Housing Market Finally Becoming “Unstuck”? (Rookie Reply)
Real Estate Rookie
BiggerPockets
4.7 • 1.8K Ratings
🗓️ 6 March 2026
⏱️ 30 minutes
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| 0:00.0 | What if the scariest part of your first real estate deal isn't the numbers, but the moment you actually have to wire the money and commit? Today, we're answering three questions from the bigger pockets forms that hit exactly where rickies are feeling the most pressure, closing on your very first deal, investing in a market where sales are slowing down, and figuring out your after repair values when you're investing from a |
| 0:21.8 | distance. |
| 0:27.5 | This is the Real Estate Rookie Podcast. I'm Ashley Care. And I'm Tony J. Robinson. And with that, |
| 0:33.2 | let's get into today's first question. So our first question today says, I'm closing on my first |
| 0:37.8 | investment property tomorrow afternoon. Congratulations. That's what every single person listening to |
| 0:42.6 | this podcast wants to get to. So he says, I'm closing on my first investment property tomorrow |
| 0:46.7 | afternoon. Sweaty palms, you bet. It's a small property, only a duplex and not a large |
| 0:52.9 | dollar value. But when I looked at the closing statement |
| 0:55.5 | and saw the out of pocket I need to wire tomorrow morning, reality started to hit. On paper, |
| 1:00.7 | the numbers work. I walked through it with many people that I would consider advisors, |
| 1:05.0 | but deal analysis to reality is tomorrow. I'm pretty excited and nervous at the same time. So here's the question. |
| 1:11.7 | It says, think back to your first deal. What were some of the challenges you didn't expect |
| 1:16.3 | out of the gate as a real estate investor? I'd love to hear some stories. So first, this is major, |
| 1:21.9 | right? It is a little scary, you know, when you've got to wire in those funds for that first deal. |
| 1:27.4 | But it's a big moment. |
| 1:28.9 | And it's a culmination of a lot of hard work. |
| 1:31.5 | And regardless of where this first deal goes, you've got to give yourself some credit for being a member of the bigger pockets community who doesn't just consume content, but actually turns that content into action and into a first deal. |
| 1:44.0 | So when I think back to my first deal, |
| 1:46.7 | some of the challenges, I got to say, all in all, my first deal was actually like a pretty |
| 1:51.7 | smooth first deal. I found a property that needs to be renovated, and I was doing this all remotely. |
| 1:58.1 | I live in California. The property was in Louisiana. And the renovations |
| 2:02.5 | went relatively smoothly. There were no big gotchas or we were actually pretty spot on with the |
... |
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