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Real Estate Rookie

Listen to This BEFORE Buying a Rental with Tenants (Rookie Reply)

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.81.7K Ratings

🗓️ 4 July 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Welcome to another Rookie Reply, where Tony J Robinson and Ashley Kehr answer questions from the BiggerPockets Forums and Real Estate Rookie Facebook group. This time, we’re covering questions like: Who should provide and maintain appliances in your rental What steps should you take when purchasing a tenant occupied property How to build a team for your short term rental Looking to invest? Need answers? Ask your question here! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-583 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

Today, we're diving into three real-world scenarios submitted by rookie investors just like you,

0:06.5

from tenant appliance swaps to analyzing a deal and launching your first property.

0:11.3

We're covering it all.

0:12.5

So whether you close five deals or you're prepping for your first one, you're going to want to take notes.

0:17.9

That's right.

0:18.3

We're breaking down what to look out for legally, financially, and operationally in situations that can just kind of sneak up on new investors.

0:25.5

Plus, we'll share how we would handle them based on our own experience investing in real estate

0:29.6

across different markets.

0:35.7

Let's jump into our first question.

0:37.9

It comes from Todd in the Bigger Pockets forums.

0:42.2

So this question is, should I let my tenants swap in their own appliances?

0:47.5

I have a prospective tenant who is interested in moving into a vacant unit.

0:53.2

They asked if they could swap out the stove and

0:55.7

fridge for their own appliances. I have a shed on site so I could store the existing appliances

1:01.7

for free. I would also make it clear that they are responsible for repairs to their appliances.

1:07.5

Is there anything I'm not considering that would make it a bad idea to let them swap in their own appliances?

1:13.5

Cliances, hot topic for me because I dread having to have appliances repaired, replaced.

1:23.4

Like, we have a great company we use, but it's usually very expensive repair to get these

1:31.0

appliances to have somebody come in and take care of them.

1:35.2

So I think, personally, it is a great idea to have tenants bring their own appliances

1:41.6

because you don't have to worry about maintaining them, repairing them.

1:48.0

One of big thing is, okay, the fridge doesn't work.

...

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