4.8 • 1.7K Ratings
🗓️ 12 February 2025
⏱️ 36 minutes
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0:00.0 | Some people regret tattoos, relationships, and haircuts. |
0:04.6 | But we actually regret buying too many rental properties. |
0:08.1 | Now, there are so many factors that can lead to acquiring more units and doing more deals, |
0:12.5 | but sometimes more focus is put on the buy than set up the hold. |
0:16.7 | Today, we're going to share what we would have done differently so you don't make the same mistakes. |
0:26.6 | I'm Ashley Care. |
0:27.8 | And I'm Tony J. Robinson and welcome to the Real Estate Rookie Podcast. |
0:31.4 | So, Tony, before we get started here, do you have a tattoo and do you regret it? |
0:36.1 | I have a tattoo in a place that I'm not comfortable talking now. |
0:38.2 | I'm kidding. |
0:38.4 | I don't have any tattoos yet. |
0:39.8 | But when I do, hopefully it's not one that I regret. |
0:42.1 | Like my real estate portfolio, I don't feel too fast. |
0:44.3 | I don't have any either. |
0:45.6 | So that must be why we regret scaling our rental portfolios because we have no tattoos to regret. |
0:52.8 | Tony, starting out with your, you know, investing journey, what was kind of your progression of scaling? |
1:01.6 | Did it start out slow? |
1:03.5 | Did you like just accumulate properties really, really fast in the beginning? |
1:08.2 | Kind of start there. |
1:09.6 | Yeah, we started off at what I feel was like a |
1:11.6 | decent pace and then just kind of like exponential growth. But we started buying long-term rentals in |
1:19.3 | 2019. So I got my first long-term rental October 2019. And then about a month later, closed on my second long-term rental. And then, |
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