Podcast appearances and mentions of ashley kehr

There are still real estate deals even in 2025. To prove it, we're taking three real (on-market!) deals and analyzing them three ways: as a long, medium, and short-term rental to see which will have the highest cash flow. All of these properties are around or under the median home price in the US and have at least one strategy that makes them profitable, even in 2025 with today's high interest rates. To help run the deal analysis, Ashley Kehr from the Real Estate Rookie podcast and Garrett Brown from BiggerStays join us to crunch the numbers. You're probably thinking, “Short-term rentals always make more than long-term rentals!” but that isn't exactly the case. With the added expense of short-term rental management, some deals may work MUCH better as a long or medium-term rental. We've even got some bonus strategies to share to boost your rental property profits, like renting-by-the-room to get even more revenue and subdividing your lot so you can sell it and pay off your rental faster (more cash flow!). These deals still work in 2025, and today, we're sharing exactly where we found them.  In This Episode We Cover How to analyze a rental property as a short, medium, and long-term rental  The one overlooked cost you should ALWAYS account for on a short-term rental  A sneaky tactic to get extra cash if you're on a BIG lot  Using the “coliving” (rent-by-the-room) strategy to get even more rent every month  Why short-term rental regulations are a good thing for investors  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1126 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Where would we invest in real estate if we could pick anywhere in the country? Even with many real estate markets stagnating, several markets are still primed for serious growth. Today, Ashley Kehr and Henry Washington join Dave to share the best markets to buy rental properties right now. These markets span coast-to-coast, and we curated a list of nine top markets with the highest potential across the nation. Want an affordable rental property with high rent prices? We've got plenty of places on the list. Looking for appreciating cities with super low vacancy so you're never without renters? There are cities in this episode for you! We've even got markets that are great for fix and flips if you're looking for some quick(er) cash! We broke the country into three zones: East, Central, and West. Each investor chose a market in each region that they would invest in TODAY, explaining why the market works, which strategy performs best there, the average home price, rent price, and economic data that makes it better than other cities in the region. Don't know where to invest in 2025? After this episode, you'll have nine great options!  In This Episode We Cover The manufacturing “sleeper” market with high employment and low home prices A “steady” Midwest city with a BIG new investment that could drive up demand  A super affordable Northeast city that is great for house flips (but maybe not for rentals) Looking for appreciation? This area has below-average home prices, but they could rise quickly  The best market for new builds just outside of a major metropolitan area HIGH rental demand here and why Dave regrets not investing in this market  And So Much More! Check out more resources from this show on ⁠⁠BiggerPockets.com⁠⁠ and ⁠⁠https://www.biggerpockets.com/blog/real-estate-1115 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠advertise@biggerpockets.com⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ashley Kehr is a real estate investor, educator, and co-host of the BiggerPockets Real Estate Rookie podcast. She started her investing journey in 2014 and has since built a portfolio of over 40 units across residential and commercial properties. Ashley is the author of Real Estate Rookie: 90 Days to Your First Investment and co-author of Real Estate Partnerships, guiding new investors on how to build and scale through strategic collaborations.     Get ready for REWBCON 2025, happening from April 10th to 12th! Use my code JOHN at checkout for 10% off your ticket. Key Takeaways: Real estate investing allows for flexibility, but success requires systems and processes. Partnering with trusted individuals can accelerate portfolio growth. Living below your means early on provides freedom to take investment risks. Scaling too fast without proper infrastructure can create major stress. Investing should align with personal lifestyle and long-term goals—not just unit counts.     Topics: From Accounting to Real Estate Left her accounting career after realizing it wasn't the right fit. Took an unexpected opportunity to manage a 40-unit apartment complex. Learned property management through hands-on experience, growing to 80 units. Building a Real Estate Portfolio Partnered with a childhood friend's son for her first duplex investment. Focused on buying small, manageable properties before scaling up. Expanded her portfolio to over 30 units while managing properties full-time. Lessons in Scaling and Outsourcing Realized she was doing too much alone and needed better delegation. Experimented with third-party property management, which led to major challenges. Brought management back in-house using virtual assistants and improved processes. Aligning Investing with Lifestyle Goals Initially hustled hard but later shifted focus to more time with family. Prefers a “small but mighty” portfolio over constant expansion. Invests strategically in flips and select buy-and-hold properties.    

In this episode, we sit down with Ashley Kehr, a powerhouse in the real estate world who started with a single rental property in 2014 and has since grown her portfolio to over 40 units while managing 200 properties. Ashley's journey from rookie to rockstar is nothing short of inspiring, and she's here to share her hard-earned insights with us.  In this episode, you'll learn: Ashley's story of taking the leap into real estate and the lessons she learned from her very first deal. The strategies she used to scale her portfolio and how partnerships have been instrumental in her success. Creative financing tips, including a game-changing example of how Ashley made a deal work against the odds. Insights into choosing the right rental strategy—long-term, mid-term, or short-term—for specific properties. The systems and processes Ashley has implemented to manage a large property portfolio efficiently, even remotely. Whether you're a beginner looking to buy your first property or a seasoned investor searching for new strategies, Ashley's advice will motivate and guide you to take the next step in your real estate journey.  Don't miss this episode—subscribe now, and get ready to be inspired! #RealEstateInvesting #CreativeFinancing #RentalProperties #PropertyManagement #RealEstatePodcast

How do you get higher rents, more appreciation, and bigger returns from real estate investing in 2025? It's easy—copy the experts. They're doing it over dozens of deals, so why not apply their same tactics to your properties? That's precisely what we're sharing in today's episode—the “upside” tactics ANYONE can use on ANY investment property to create more cash flow, better equity upside, and make their future selves richer. Last week, we discussed the ten different “upside” investing tactics you can use in 2025 to boost your real estate returns. Today, we're walking through six of them, in-depth, with investing experts Ashley Kehr and James Dainard. Ashley has been investing in rentals for over a decade, seeing basic properties become home-run rentals over time. James has made millions of dollars flipping houses with HUGE “upside,” he's teaching you how to do the same, even if you're only buying rentals. We're walking through our favorite “upside” strategies and how to spot the properties that have multiple "upsides" for investors. Follow these steps, and in a few years, the properties you buy in 2025 could become your best investments yet! In This Episode We Cover: Why you CAN'T just focus on today's rent prices/cash flow and how basic properties can become cash flow kings The “rocket fuel” James used to explode his net worth and real estate portfolio  Hidden zoning opportunities that most homebuyers have no clue about (MASSIVE price appreciation potential)  How to pinpoint the “path of progress” so you know exactly where to buy  Why putting more cash down on a real estate deal is such an underrated move  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube The Best Markets to Buy Rental Properties Right Now (2025) Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIG Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year Grab Dave's Book, “Start with Strategy” Find Investor-Friendly Lenders BiggerPockets Real Estate 1075 - 10 Hidden Ways to Buy Properties with Huge “Upside” Connect with Ashley Connect with James Connect with Dave (00:00) Intro (03:50) Make Your Future Self Rich (05:07) Which Properties to Buy? (09:20) 1. Rent Growth (13:24) 2. Value-Add (14:49) 3. Zoning Opportunities (19:11) 4. More Equity, Less Debt (22:14) 5. Path of Progress (26:33) 6. Learning (and Earning) (29:26) Find YOUR Upside Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1079 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

New to real estate investing? Stuck in an area with expensive housing prices or not-so-landlord-friendly laws but want to buy real estate? We've got you covered. We're sharing our favorite 2025 real estate markets for rental property investing, many of which are so affordable even a real estate rookie will have no trouble buying in. But these aren't just cheap markets; they all have strong fundamentals that drive appreciation and rising rents.  We brought the market-picking experts, Ashley Kehr and Henry Washington, back to the show to share their picks and see how they compare to Dave's. We've got “sleeper” markets that are growing but fly under the radar, a new Midwest manufacturing hub that will soon become one of America's most prized chip-building markets, and the next boom city with great jobs and even better cash flow. Then, we'll share bonus affordable markets for those who don't have much money to start. Got some more cash saved and looking to buy in a big city with big upside potential? We're listing the three big cities we'd happily call home and invest in, with phenomenal housing market metrics and much more affordable prices than New York, Seattle, and the other “big” real estate markets.  In This Episode We Cover: The best rental property markets of 2025 that sport appreciation, cash flow, and affordable prices Why Henry thinks this “unsexy sleeper” market could be a phenomenal place to buy The chip-manufacturing Midwest market that could see massive growth One market with a booming economy but still very affordable home prices  The “big” cities we'd buy in that are poised for growth and home price appreciation  How to find the perfect market for YOU to invest in (free data on HUNDREDS of markets) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Free Market Data Ashley's Free Market Worksheet Join the Future of Real Estate Investing with Fundrise Grab Dave's Book, “Real Estate by the Numbers” Find an Investor-Friendly Agent in Your Area Real Estate Podcast 1007 - Where We'd Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington Connect with Ashley Connect with Henry Connect with Dave (00:00) Intro (04:18) Best “Sleeper” Markets (09:29) The Next Tech Market (14:28) Midwest Boom Market (18:56) Most Affordable Markets (21:46) Best Big Cities to Invest In (27:04) How to Find YOUR Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1074 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tired of waiting to get started in real estate? Ashley Kehr, the host of the Real Estate Rookie podcast, is here to share her proven tips on how to make your first investment fast. From overcoming the fear of getting started to building a powerful team, Ashley's strategies will give you the confidence and roadmap to become a successful real estate investor. Here are some key takeaways from this episode:Identify your "why" and choose a real estate strategy that aligns with your goals and preferencesLeverage partnerships and outsourcing to overcome common hurdles like capital, knowledge, and timeImplement systems and processes to scale your property management business, including virtual assistantsDon't let fear or uncertainty hold you back any longer. Tune in and learn how to kickstart your real estate journey in just 90 days! Timestamps:00:20 Introduction to Ashley Kehr02:17 From accountant to real estate investor03:52 Early challenges in property management05:36 Ashley's book Real Estate Rookie07:50 Hurdles that keep us from moving forward10:41 Systems for managing 130+ units15:10 Hiring virtual assistants and their service19:44 Creating and refining SOPs22:03 Real estate plans for the next year24:44 Financing strategies and building relationships26:24 Tips for improving your life & business29:27 Personal development & growth30:54 Involving kids in real estate tasks33:26 Key metrics Ashley tracks36:46 No.1 thing that contributed to her success37:28 How does Ashley gives back38:19 How to connect with Ashley KehrFind Ashley KehrSocials:https://www.instagram.com/wealthfromrentals/?hl=en https://www.youtube.com/@wealthfromrentals/videosBook: https://www.amazon.com/stores/author/B0BPN8X3C9 Website: https://www.ashleykehr.com/ VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

Want to invest in real estate in 2025? Then this is the show to listen to. We've had some phenomenal guests on the show this past year. This time, we rounded up our favorite tips from them, ranging from starting with $50,000, which markets to buy in, and how to retire early with fewer rentals, and compiled them into one life-changing episode. These were the episodes you all loved the most, so we're taking the golden nuggets and giving them to you today! Is it still worth it to invest in real estate when prices are so high, and affordability is so low? CEO of BiggerPockets, Scott Trench, gives his honest, raw opinion. Next, two investors who retired with small real estate portfolios share why you DON'T need dozens of rental properties to reach financial freedom. You might need just one! Plus, we'll show YOU the best way to start investing with $50,000. Finally, we're breaking down the real estate markets we believe are the best for beginners and the ones with the most bang for your buck. Will Trump's housing policies change the market? What will tariffs and tax cuts do to real estate? Stick around; we also share our thoughts on Trump's 2025 plans!  In This Episode We Cover: How to retire early with fewer rental properties by building a “small and mighty” real estate portfolio Why this expert investor only has ONE rental property (and doesn't plan to buy more) How to invest in real estate with just $50,000 (beginner-friendly tactics!) The best real estate investing markets that we'd start in if we were beginners  What the Trump administration's proposals could mean for the housing market  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube BiggerPockets Real Estate Episode 1,004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson BiggerPockets Real Estate Episode 1,007 - Where We'd Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington BiggerPockets Real Estate Episode 1,024 - A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing) w/Mike Baum BiggerPockets Real Estate Episode 1,028 - How to Invest in Real Estate with $50K in 2024 w/Ashley Kehr On the Market Episode 250 - Trump vs. Harris Economic Plans: Taxes, Affordable Housing, and Inflation w/Joel Naroff Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here's Why. Yes, I'm Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here's Why. Top 10 Real Estate Markets for Cash Flow in 2024 Trump Wins Presidential Election: What It Means for the Housing Market Grab Chad's Book, “The Small and Mighty Real Estate Investor” Find Investor-Friendly Lenders BiggerPockets Real Estate 1,000 - Real Estate Is Changing, and So Is BiggerPockets Connect with Dave (00:00) Intro (02:34) Is Real Estate STILL Worth It? (11:06) Retire Early with FEWER Rentals! (22:57) Don't FOMO Into Investing! (29:20) How to Invest $50K (42:06) Best Markets for Beginners (53:08) Trump's Tax Cuts, Tariffs Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1060 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec. 18, 2024 In this insightful episode, Pete Neubig interviews Ashley Kehr, co-host of the BiggerPockets Real Estate Rookie podcast and author of "The Real Estate Rookie: 90 Days to Your First Investment." Together, they explore how property managers can elevate their expertise by leveraging market data and developing strong systems. Ashley shares practical strategies for fostering relationships with investors, from participating in forums to attending meetups and conferences. Learn how to position your property management business as an invaluable partner for real estate investors by mastering systems, scaling processes, and offering unique value. This episode is packed with actionable advice for property managers seeking to grow their portfolios and strengthen client connections.

Working in a 9-5 that you hate? Want to become a full-time real estate investor? Today on The Lady Landlords Podcast, Ashley Kehr shares her story about working as an accountant to growing a portfolio with over 30 units! Ashley is a mom to three boys and co-host of the BiggerPockets Real Estate Rookie Podcast. In this episode, you'll learn: #1. When she decided to pursue real estate. #2. Who helped her get started. #3. What her investing strategy is today. Stay tuned until the end to learn how she got someone else to fund her first deal! === Connect with Ashley at https://www.ashleykehr.com/ or @wealthfromrentals on Instagram. === Checkout "Long Distance Real Estate Investing with Becky Nova" on The Real Estate Rookie podcast. ➡️ Watch on YouTube: https://youtu.be/043feYCRxRI ➡️ Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/putting-rentals-on-autopilot-while-living-in-the/id1499646507?i=1000517065600 ===

Can you invest in real estate with just $75,000? And not only invest but can you find cash-flowing rentals in solid markets with long-term profit potential without spending six figures? Yes, to both. Today, we're proving it's more than possible because we're finding on-market rental properties for sale that can be bought, renovated, and rented with a $75,000 (or less) investment. These are LIVE deals, meaning you could make an offer on them right after this podcast airs (seriously!). To help us out, Dave asked fellow investors Ashley Kehr and Henry Washington to bring a deal to the show that: 1. Has an all-in cost of $75,000 or less 2. Is on-market (on the MLS) 3. Isn't a house hack (you don't have to live in the property). Dave found his own deal and brought it along, too. So today, we're sharing three actual deals in three solid real estate markets, all that you can invest in with $75,000 or less. We found rental properties that not only cash flow hundreds of dollars a month but come close to (or beat) the 1% rule, AND one is already renovated, meaning you just need to find renters, and you're already making money. Don't let the naysayers fool you—this is PROOF you can find good rental properties even in 2024.  In This Episode We Cover: How to invest $75,000 in real estate if you want cash-flowing rental properties  Three distinct real estate markets that all offer below-average rental property prices  How much to keep in cash reserves for your first investment property  “Value-add” potential you can spot that'll help you boost equity in your property  The one cost that you really need to check before you buy in a new market  Key indicators that point to a real estate market growing (or slowing)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Properties with REI Nation Grab Henry's New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Ashley Connect with Henry Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1040 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Lake Effect” cash flow is starting to make landlords rich in this under-the-radar region of the United States. For the past few decades, mainstream real estate investing platforms have almost forgotten this region, and we've even overlooked it a few times. Here, landlords can buy affordable homes, make serious cash flow, and see significant investing advantages they can't get in most other areas. Where are we talking about? Salt Lake? The Great Lakes? Lake Tahoe? Welcome back to this week's BiggerNews, where we're discussing everyone's favorite subject—cash flow (and a LOT of it). We brought Real Estate Rookie co-host Ashley Kehr, a predominantly cash-flow investor, to the show to share why her home region is finally getting the recognition it deserves for real estate investing. If you want the residual income that will lead you to financial freedom and an early retirement, this is the region to look at. You can buy homes for a fraction of what they cost elsewhere, all while getting surprisingly high rent prices, leaving you with a serious supply of cash flow at the end of the month. We're talking about the MOST affordable cities in this area, why the tech industry is moving in, and one crucial advantage that makes this market almost future-proof.  In This Episode We Cover: “Lake Effect” cash flow and why it's making landlords wealthy in this affordable area  The most affordable (and cash-flowing) markets in this under-the-radar region Why more and more tech companies are moving into this overlooked area  Appreciation potential and the cities with cash flow AND rising home prices  The “booming” area that has serious infrastructure support for more jobs/businesses  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Get Banking Built for Landlords with Baselane Ready to Start? Grab “The Book on Rental Property Investing” Find an Investor-Friendly Agent in Your Area Top 10 Real Estate Markets for Cash Flow in 2024 Real Estate Rookie Podcast 10 Deals on a $20K Waitress Salary With Ashley Hamilton Connect with Ashley Connect with Dave (00:00) Intro (03:22) Still SUPER Affordable (08:32) Most Affordable Markets (11:30) Tech Industry is Moving In (14:57) Climate Resilience (18:56) Under-the-Radar Markets? (28:58) This Area is Booming (32:18) Even More Advantages? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1034 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

New to real estate investing? In the beginning, you're drowning in recommendations of where to invest in real estate, especially in 2024. Everyone is shouting different markets at you, “Cleveland! Tampa! Cincinnati!” the list goes on and on. But here's where you'll get stuck: most beginners think ANY market is good enough for them, except that isn't true. There are some unique markets that most investors don't know about, and they could fit what you need perfectly. Today, we're sharing these markets (and how to find them) with you. We brought on expert investors Ashley Kehr and Henry Washington to give their picks for the best places to buy rental property in 2024. All of these markets offer something different; some have low price points with significant cash flow, while others have huge appreciation potential. We're sharing our top three rental markets with you so you get in before the rest of the investors hear about them. We'll also give you the criteria to pick your perfect real estate investing market and share where we first invested and where we wish we had invested. After this episode, head here to get all the data used in this show, then find your market, tag @BiggerPockets on Instagram, let us know why you chose it, and win some free swag! In This Episode We Cover: Where to invest in real estate if you're starting from scratch with zero experience The best places to buy rental property in 2024 that most investors are overlooking Moving to invest in real estate and the city with a VERY high salary-to-home-price ratio Real estate market risks that we steer clear of whenever buying rentals Finding your market “advantage” and how to thrive in new a market using your skillset And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find Deals in Any Market with Henry's New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area See Ashley, Dave, and Henry at BPCON2024 in Cancun! Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Ashley Connect with Henry Connect with Dave BiggerPockets Market Finder Real Estate Rookie Podcast Post Your Market and Tag BiggerPockets on Instagram! (00:00) Intro (03:02) Ashley's First Market (06:19) Would You Move to Invest? (10:38) Henry's First Market (13:41) Where to Invest in Real Estate (14:38) Ashley's 2024 Market (21:16) Henry's 2024 Market (29:47) Dave's 2024 Market (34:06) Find Your Market "Advantage" (35:45) The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1007 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make money in real estate investing, EVEN during 2024's harsh housing market? It's easier than you might think—and we've got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they're doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices.  From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we're showing investors can make more money than ever before, no matter the market. First, Ashley and Henry tell us about the deals they've been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we'll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips! Finally, Dave spills his secret on how he's increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you'll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too!  In This Episode We Cover: The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow Quick house flips and how to make five-figure profits even if you're a hands-off investor How to find off-market listings THROUGH your real estate agent Henry's foolproof buy box for house flips with the biggest buyer pool  Why you should NOT overlook Section 8 rentals (huge jumps in rents)  And So Much More! Links from the Show Find Your Next Investing Market with BiggerPockets Market Finder Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Ashley, Dave, and Henry at BPCON2024 in Cancun! Flipping Houses: How to Get Started and Everything You Should Know Ashley's BiggerPockets Profile Henry's BiggerPockets Profile Dave's BiggerPockets Profile Real Estate Rookie Podcast On the Market Podcast (00:00) Introduction (02:04) Deals We're Running This Year (09:32) Hands-Free Home Buying and Selling (22:44) $55,000 Profit on a Quick Buy and Sell (29:35) How to Increase Rent by 50% (39:15) The Dish  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1001 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks. That's precisely what happened to today's guest, a seasoned real estate investor who's even looked up to as an expert in the industry. Even he made a sizable property management mistake, and in this episode, we're trying to help you avoid the same fate. The BiggerPockets Podcast Network is bringing you a crossover episode with the Real Estate Rookie podcast's Ashley Kehr and the BiggerPockets Money podcast's Scott Trench. Scott is not only the host of BiggerPockets Money but also the CEO of BiggerPockets. And today, he's sharing every painful detail about how he lost over $40,000 by hiring a bad property manager. This IS an avoidable mistake, but some easily overlooked red flags could put you in the same position as Scott unless you're very careful. Scott shares the entire story and gives the top red flags to look out for. He'll explain why he DOESN'T give his whole portfolio to one property manager, why you MUST set communication standards from the start, the questions EVERY investor should ask before hiring a property manager, and the fees you should refuse to pay the next time you outsource your property management. Need a property manager? We'll share the best tool ANYONE can use to find a property manager TODAY! In This Episode We Cover Deadly property management red flags and signs you should run from a property manager  Why you never, EVER give your entire portfolio to a single property manager/property management company  Simple questions to ask that immediately show if a property manager is legit  Negotiating fees and why Scott is okay with paying a higher monthly rate Communication expectations and what a property manager should be sending you EVERY month The easiest way to find a great property manager wherever you invest  And So Much More! (00:00) Intro (01:31) Hiring the Property Manager (03:48) Things Start Going Wrong (06:23) Losing $40K! (09:43) Property Manager Red Flags (15:50) Questions You MUST Ask (23:45) Negotiating Fees (30:16) Asset Type Matters! (35:05) Communication Expectations (37:40) Vetting for Legitimacy (43:27) Find a GREAT Property Manager Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-418 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks. That's precisely what happened to today's guest, a seasoned real estate investor who's even looked up to as an expert in the industry. Even he made a sizable property management mistake, and in this episode, we're trying to help you avoid the same fate. The BiggerPockets Podcast Network is bringing you a crossover episode with the Real Estate Rookie podcast's Ashley Kehr and the BiggerPockets Money podcast's Scott Trench. Scott is not only the host of BiggerPockets Money but also the CEO of BiggerPockets. And today, he's sharing every painful detail about how he lost over $40,000 by hiring a bad property manager. This IS an avoidable mistake, but some easily overlooked red flags could put you in the same position as Scott unless you're very careful. Scott shares the entire story and gives the top red flags to look out for. He'll explain why he DOESN'T give his whole portfolio to one property manager, why you MUST set communication standards from the start, the questions EVERY investor should ask before hiring a property manager, and the fees you should refuse to pay the next time you outsource your property management. Need a property manager? We'll share the best tool ANYONE can use to find a property manager TODAY! In This Episode We Cover Deadly property management red flags and signs you should run from a property manager Why you never, EVER give your entire portfolio to a single property manager/property management company Simple questions to ask that immediately show if a property manager is legit Negotiating fees and why Scott is okay with paying a higher monthly rate Communication expectations and what a property manager should be sending you EVERY month The easiest way to find a great property manager wherever you invest And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott on BiggePockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Want to Self-Manage Your Rentals Instead? Grab the New Book, “Self-Managing Landlord” Ask Other Investors Your Property Management Questions on the BiggerPockets Forums Past Episodes Mentioned in Today's Show: Real Estate Rookie 59 - Rookie First-Time Home Buyer Questions Answered by Scott and Mindy Real Estate Rookie 200 - Scott Trench's 10-Step Checklist to Buy Your First Rental Property Real Estate Rookie 401 - Boost Your Cash Flow in 2024 with These “Self-Management” Tips BiggerPockets 513 - The “Red Flags” of Investment Fraud from a Former $3.8M Ponzi Scheme Manager Connect with Ashley on BiggerPockets Connect with Scott on BiggerPockets 00:00 Intro 01:20 Hiring the Property Manager  03:37 Things Start Going Wrong  06:12 Losing $40K! 09:32 Property Manager Red Flags  15:39 Questions You MUST Ask 23:34 Negotiating Fees  30:05 Asset Type Matters!  34:54 Communication Expectations  37:29 Vetting for Legitimacy  43:16 Find a GREAT Property Manager  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-536 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to a new episode of Get Creative. I have joined Ashley Kehr on Real Estate Rookie, so tune in for an eye-opening episode where I share some key strategies for investing in real estate without any money or credit. Discover creative financing strategies like Subject-To deals and seller financing that can help you break into the market. With practical tips, real-life examples, and inspiring advice, this episode is a must-listen for aspiring investors.   Highlights: "The biggest challenge in real estate is that there are so many ways to succeed."    "Creative finance helps sellers who want too much money or have a lack of equity."    "The only way you're going to make any type of relationship work is you have to share values."   Timestamps: 00:00 - Introduction 01:08 - Creative Financing Overview 03:37 - Subject-To Deals Explained 08:16 - Finding Expired Listings 12:43 - Overcoming Seller Objections 17:00 - Seller Financing Insights 25:42 - Real-Life Deal Example 31:33 - Educating Real Estate Agents 38:20 - Step-by-Step Guide for Beginners 46:45 - Impact of Creative Financing   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 

Welcome to a new episode of Get Creative. I joined Tony Robbinson and Ashley Kehr on the Real Estate Rookie podcast to share my journey and the power of creative financing. This episode shows you how I built my real estate empire using strategies like SubTo and seller financing. This episode is packed with actionable tips and motivational stories that prove you don't need a ton of cash or perfect credit to succeed in real estate. Let's dive in and unlock your potential!   Highlights: "Emotional income is way more addictive than a $10,000 check."   "The value of anything is not the purchase price; the value is always what you can do with it."   "Creative finance is the only way to truly have a win-win with the seller and the buyer."   Timestamps:   00:00 - Introduction to Creative Finance 05:00 - Building Top Tier TC 09:23 - Understanding Creative Finance 12:04 - Overcoming Bankruptcy 17:15 - Entry Fees in Deals 33:12 - The Golf Club Analogy 40:02 - Executory Contracts Explained 47:14 - Zero Down Deals 55:19 - Mentorship and Education 1:02:21 - How to Get Started Today   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt   ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt   ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc   ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/   PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/ TikTok: https://www.tiktok.com/@pacemorby

Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.   Highlights: "I'm not really buying your house; I'm buying the interest rate attached to your house." "In creative finance, it's not about negotiating the sales price; it's about negotiating the terms." "The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."   Timestamps: 00:00 - Introduction to Creative Financing 01:07 - Golf Analogy for Real Estate Investing 03:01 - Benefits of SubTo Deals 04:48 - Options for Creative Financing 08:16 - Finding Expired Listings 12:43 - Easier than Cash Transactions 17:00 - Understanding Seller Financing 20:40 - Overcoming Seller Objections 24:36 - The Benefits of Tax Depreciation 30:00 - Creating Win-Win Deals   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  http://joinpacescommunity.com/  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt   ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt   ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: http://jointoptiercommunity.com/   ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/   PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/ TikTok: https://www.tiktok.com/@pacemorby

Are you tired of paying someone else's mortgage? Then you're in the right place. In today's show, we're sharing how to buy a home in 2024, even as a complete beginner, as we walk through a rookie's step-by-step journey to purchasing his first primary residence, which could also become a rental! If you feel like you're in the same position and want to be the receiver, not the sender, of monthly rent checks, tune in as we walk through how today's rookie is gearing up to become a first-time homebuyer! Aaron Mann was tired of renting. After being around real estate investors at his day job, he started to feel like he was missing out. Meanwhile, his wife was reading a slew of BiggerPockets books and told Aaron it was time to look into buying—he agreed! This couple is now beginning their house-hunting journey and has already zeroed in on their strategy, investing area, and what they want to buy. With the help of our own Ashley Kehr in the BiggerPockets Real Estate Rookie Bootcamp, Aaron is set to close on his first home in the near future. Want to get YOUR first rental property or primary residence this year? Tune in and start taking these beginner steps! Sign up for a BiggerPockets Bootcamp today to get on the path to buying your FIRST or next rental property!  In This Episode We Cover How to buy your first home or rental property within the next year! The “house hacking” strategy that allows you to significantly save on your mortgage payment  How to save for a down payment and the basics of budgeting for first-time homebuyers The one program that helps you to find discounted properties in your area Getting a mortgage and the steps to take to see how much you can afford  The one zero-percent-down loan that most homebuyers have no idea about  And So Much More! (00:00) Intro (01:26) Deciding to Invest (07:09) Best Beginner Investing Strategy  (12:23) Finding Properties  (13:41) Saving for a Down Payment  (26:56) Picking a Market  (29:29) Getting a Mortgage  (35:04) Join the Rookie Bootcamp! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-407 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

Join Ashley Kehr, real estate investor and entrepreneur, on "REIA Radio," where she dives into her multifaceted journey from managing various business ventures to mastering the real estate market. In each episode, Ashley shares actionable insights on navigating the complex landscape of investing, managing properties, and scaling businesses. Whether discussing her experience owning a liquor store or detailing strategies in real estate investment, Ashley provides listeners with practical advice and stories from her entrepreneurial ventures.Key takeaways from "REIA Radio" include:Strategies for effective property management and investment.Tips on acquiring and managing diverse business ventures.Insights into balancing entrepreneurial endeavors with personal growth.Lessons on leveraging relationships and building a robust network in the industry.Ashley also explores the significance of mentorship, the impact of strategic thinking in business development, and the essentials of building a sustainable investment portfolio. With her unique blend of humor and expertise, Ashley ensures that each episode is not only educational but also engaging.Tune in to "REIA Radio" to transform your approach to real estate and business, and follow Ashley on her journey as she continues to innovate and inspire.Connect with Ashley:InstagramLinkedInBiggerPockets ProfileFor more insights and resources, visit:BiggerPockets Rookie PodcastAshley's Blog: Your Path to Property InvestmentWhether you're a seasoned investor or just starting out, "RIA Radio" offers the knowledge and inspiration you need to excel in the dynamic world of real estate and business. Join the community and start shaping your success story today!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com

Patrick Donley (@JPatrickDonley) sits down with Grace Gudenkauf and Amelia McGee to discuss how they got started in their journey of real estate investing. You'll learn about their individual portfolios and how they financed them, how they connected and co-founded Women Invest in Real Estate, what you'll learn from their forthcoming book, The Self-Managing Landlord, the books that have influenced them the most, and so much more! IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 03:46 - What Amelia and Grace's first steps in real estate investing were. 06:51 - How they use the BRRRR strategy to grow their portfolios. 18:56 - What they did to finance their deals. 10:35 - How they educated themselves in real estate. 10:35 - Who their book is geared towards and what you'll learn from it. 14:05 - How they began to scale their portfolios. 22:37 - How they met and created Women Invest In Real Estate (WIIRE). 29:06 - How they spend their time between WIIRE and running their portfolios. 42:41 - What their tech stack looks like. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Recommended book: The Self Managing Landlord by Grace Gudenkauf and Amelia McGee. Recommended book: 10X is Better than 2X by Dan Sullivan. Recommended book: Rich Dad Poor Dad by Robert Kiyosaki. Recommended book: Real Estate Rookie by Ashley Kehr. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Toyota Airbnb DeleteMe Yahoo! Finance Fundrise Public NetSuite NerdWallet Connect with Patrick: Twitter   Connect with Grace and Amelia: Website | Instagram  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Welcome to a new episode of Get Creative. In this episode, we dive deep into the world of creative financing with Real Estate Rookie's Ashley Kehr and Tony J Robinson. If you've ever been curious about seller finance, subject-to-deals, or simply finding innovative ways to invest in real estate without breaking the bank, this episode is your golden ticket! We break down complex strategies into digestible nuggets, making creative financing accessible to all.    Highlights:   "I've never made $1 in real estate by myself. Real estate is a team sport, and networking isn't just a good idea; it's an absolute requirement."    "Creative financing is not about paying less; it's about thinking more creatively about how you structure the deal. You can often pay more on paper and still come out ahead."    "The value of anything is not based on the purchase price. It's based on what you can do with it. It's about the utility and the income it can generate for you."    Timestamps: 00:00 - Introduction to Creative Financing with Pace Morby 01:21 - The F150 Story: A Lesson in Seller Finance 05:34 - Understanding Seller Finance vs. Subject-To Deals 08:14 - Selling a Truck on Payments: The Lightbulb Moment 11:29 - The Journey from Contractor to Creative Financing Expert 16:36 - How to Negotiate Creative Financing Deals 21:47 - Structuring Deals and Legal Considerations 25:56 - Overcoming the Due on Sale Clause 28:17 - Finding Motivated Sellers for Creative Deals 36:52 - Live Deal-Making and Future Workshops   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Real estate investor Ashley Kehr started investing in real estate without cash in hand. She brought onto the table her previous learning experiences. She credits much of her success to the use of partners on real estate deals and creative financing.  Her background in accounting helped understand the nuances in business and real estate. She purchased her first rental property in 2014 and since then has grown her buy and hold portfolio to over 30 units. She's experienced in residential and commercial properties. Currently she is the host of ‘The Real Estate Rookie Podcast'. She's also the author of couple of books on real estate: Real Estate Rookie, Real Estate Partnerships. Her team runs a range of software tools that help real estate investors do the math and take wise decisions. Ashley outsources property management and spends her time educating new investors and finding deals to BRRRR.   In this episode you will take away many promising insights as below:   - Importance of accounting to become a successful real estate investor. What should one do to start to get better at accounting if they don't have any sort of education around it? - About a real estate and asset bookkeeping software that's simplified and easy to use for anyone who is not good in accounting - When you want to invest in real estate, what are the available options to get the financing so that you don't have to find a cash partner? - What are the requirements for someone to get an investment loan from a bank - Software that helps to calculate and do the analysis before you start investing in real estate - What are the stones that get left unturned, what are the mistakes one can avoid when getting into real estate investing - How can someone position himself to be an equal in a partnership where he has no cash to invest - Four puzzle pieces as the reasons why people usually don't get started - What does it actually mean when somebody says 'you got to do the work'? What kind of work can one expect to be doing in real estate partnerships? - What does ‘Always on the Grow' mean to Ashley?   Few Inspirational Quotes from the Episode   You can grow and scale your business but it's not going to be as successful as it could be if you're not growing yourself personally ·       Make sure you're not just trying to grow and scale your business to have that 10 billion portfolio or to have a jet plane but make sure that you're growing personally ·       For your first or your first several deals, it is worth giving up a little something just to get started to show your worth, to prove it to someone ·       Don't get too bent up on what's fair, what's the best percentage because some percentage is usually better than no percentage if you're not even going to do the deal ·       Four puzzle pieces as the reason people usually don't get started: No money, No time, No experience or knowledge, No courage ·       If you are struggling to get started, the best thing you can do is to take action even if that action is analyzing one deal a day   Ashley's work on social channels   Podcast: The Real Estate Rookie Podcast  https://www.facebook.com/groups/realestaterookie/  https://www.instagram.com/biggerpockets  https://twitter.com/biggerpockets  https://www.youtube.com/watch?v=qb-mdM0mi5k   Book Authored by Ashley 'Real Estate Rookie' Book Co-authored by Ashley 'Real Estate Partnerships'

Patrick Donley (@JPatrickDonley) sits down with Dave Meyer, VP of Data and Analytics at Bigger Pockets and author of the forthcoming book, Start with Strategy. They do a deep dive and discuss why picking the right strategy is key to your real estate investment success. You'll also learn how Dave got into financial independence, what the early days of Bigger Pockets were like, and also Dave's thoughts on where and what asset class he would be investing in given today's market conditions.  Dave Meyer has spent his career working in the technology industry while also investing in real estate. In 2016, he took the opportunity to combine his professional passions for real estate and technology and joined BiggerPockets, where he now serves as the VP of Data and Analytics.  Dave has been a rental property investor in Colorado since 2010 and invests passively nationwide. He's also the host of the BiggerPockets On the Market podcast, which started in 2022 and is growing rapidly as a one-stop source for all things real estate analytics. Outside of work, he enjoys traveling, eating sandwiches, and being outside. He currently lives in Amsterdam, Netherlands. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro. 02:50 - How Dave was part of eating the world's largest hamburger. 05:42 - Why studying abroad was the inspiration for moving to Amsterdam. 08:02 - How Dave got interested in personal finance and investing. 08:41 - How one of Dave's first entrepreneurial ventures went. 14:04 - Why data analytics intrigued him. 21:22 - What the early days of Bigger Pockets was like. 27:20 - How the writing process for Start with Strategy went. 28:36 - Why investor's need a guide to pick the right real estate strategy. 30:47 - What is the resource triangle. 34:58 - What Dave's first real estate investment was and what he contributed to it and much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.  The Everything Guide to House Hacking by Robert Leonard. The Lean Startup by Eric Ries. Traction by Gino Wickman. The One Thing by Gary Keller. Real Estate by the Numbers by J Scott and Dave Meyer. Real Estate Rookie by Ashley Kehr. Wealth Without Cash by Pace Morby. Check out all the books mentioned and discussed in our podcasts here. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Masterclass Babbel Shopify Connect with Patrick: patrick@theinvestorspodcast.com Connect with Dave: Website | Instagram | Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

Need flexible funding for your deals? Private money could be the answer. Whether you're looking to dodge the bank or want greater control over the terms of your deal, that's exactly what this creative finance option can provide. Our hosts can vouch for it! Welcome back to the Real Estate Rookie podcast! Today, we're taking a deep dive into private money—the creative finance solution that allows you to fund more deals without huge down payments or stellar credit. Tony and Ashley share how they discovered private money and why it's their go-to financing option today. If you're looking to borrow funds, our hosts will show you how to find private money lenders, how to structure your private loans to benefit both parties, and why this financing solution is the PERFECT stepping stone for a future investing partnership. In this episode, you'll also learn about the three essential documents for all private money loans, as well as how to approach your lender about structuring a deal. But that's not all—this masterclass is for the private money lenders, too! Tony and Ashley discuss ways to protect yourself in a deal and how to ensure that you get your money back. Finally, you'll learn when not to lend private money! In This Episode We Cover: How to get 100% financing for your deals using private money The differences between traditional bank financing, hard money, and private money How to find a private money lender for your next real estate deal The three documents you NEED for any private money partnership The best ways to protect yourself when lending money Crucial tax advice for those using private money for their deals And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Ask Us Your Investing Question Apply to Be a Guest on the “Real Estate Rookie” Podcast Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) w/ Amy Mahjoory Private Money Explained: 5 Simple Ways to Find Private Money (Part 2) w/ Amy Mahjoory Private Money Explained Part 3: The “Credibility Pieces” Lenders Love to See w/ Amy Mahjoory & Josiah Hein Private Money Explained Part 4: Rates, Returns, and Protecting Investors w/ Amy Mahjoory How to Buy a Rental Property with NO Money OR Credit w/ Pace Morby Making $71K on ONE DEAL After 5 Failed House Flips and Six-Figure Debt w/ JP Desmet Generate Your Own Loan Amortization Schedule: Bankrate EZ Financial Calculators App Books Mentioned in the Show Real Estate Partnerships by Ashley Kehr & Tony Robinson Check the full show notes here: https://www.biggerpockets.com/blog/rookie-341 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Ashley Kehr purchased her first rental property in 2014 and since then has grown her buy-and-hold portfolio to over 30 units. She has experience in residential and commercial properties. She accredits much of her success to the use of partners on several real estate deals and creative financing. Ashley developed a passion for real estate after quitting her staff accountant job to work as a property manager. Within several years, she had created two property management companies, which she ran for over five years. Her speciality was creating systems to work efficiently and remotely within the companies. Ashley Kehr is the co-host of the Real Estate Rookie Podcast. Just a few years removed from being a beginner herself, Ashley is now helping newbies figure out actionable steps to get their first deal. She has a dual degree in finance and public accounting and recently became a licensed insurance agent.In this episode, we talked about:Ashley's Background and First Steps into Real Estate Journey with Bigger PocketsDecoding Asset Class Shifts Over TimeLong Term vs Short Term RentalsInterest Rates2024-2025 OutlookUseful links:Instagram https://www.instagram.com/wealthfromrentals/?hl=enhttps://www.ashleykehr.com/Transcriptions:Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name's Jesse Fragale. You're listening to Working Capital. The Real Estate Podcast. Our returning guest today is Ashley Kerr. Ashley purchased her first rental property in 2014 and has since then grown her portfolio to over 30 units.Ashley is the author of Real Estate Rookie, 90 Days To Your First Investment. So for those that you know, didn't listen to the first conversation, it's been a few years since, since we last chatted, maybe you could give a little bit of a background for the listeners of, you know, how you, how you kind of came into real estate and more specifically what you've been doing the last couple years. 'cause I know you're fairly active online and I know that, you know, you've been affiliated with BiggerPockets for the last few years, so if you could speak to that, that'd be great.Ashley (1m 5s): Yeah, sure. So to get my start, I actually was an accountant. I hated my job and I quit it and I was just gonna be a stay at home mom. My husband, he was a dairy farmer. And so right after I quit as an accountant, I decided to get pregnant, have a baby. And my neighbor growing up, who was a really good family friend, I was best friends with his kids growing up. He said, I have a 40 unit apartment complex I'd love for you to manage. So that was my first kind of insight into real estate.Growing up, I knew the family was very well off that, you know, he had made investments And, he owned a couple businesses that I knew about, but I never knew about the real estate part of it. And so that was my experience as to like what you can actually do. And when I first started working for him, he had me sit in and help him acquire another business. And the way he was able to acquire this business was actually leveraging his multifamily property. He had refinancing it, pulling the equity out And, he used the cash to buy this new business, And.he took me to the closing table. He let me like write out the checks of this huge amount and like right there, like I can still, you know, see the orange shag on the atto

Saving for your first rental property can take a while, but adding side hustle income could help you stockpile enough cash to buy much sooner. Today's guest discovered the PERFECT side hustle to pair with his W2 income—allowing him to fast-track his savings and close on his first two investment properties in no time! Welcome back to the Real Estate Rookie podcast! Today, we're joined by Dan McDonald, an investor who house hacks to help cover his mortgage in an expensive market. Dan's goal? To reach financial freedom by the age of forty. And, with two newly renovated duplexes that should not only cash flow but also appreciate in value, he's well on his way to achieving that lofty goal! If you don't quite have enough cash to invest in real estate, don't worry—Dan, Ashley, and Tony are here to offer some timely advice on how to increase your income with side hustles. You'll also learn how to get started with house hacking (and how to convince your spouse that it's the right move). Stay tuned until the very end to hear Dan's top house hacking tips that ALL rookies must know! In This Episode We Cover: The fast-cash side hustle that can help you buy your first rental How to get your spouse on board with real estate (and house hacking!) The “easiest” real estate investing strategy that ALL rookies should know Essential tips and tricks for first-time house hackers Appreciation versus cash flow (and which one YOU should target!) When to offer MORE than the asking price on a property And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Ask Us Your Investing Question Apply to Be a Guest on the “Real Estate Rookie” Podcast Financially Free in 2.5 Years by Buying “Low Risk” Rental Properties w/ Craig Curelop No Money for Real Estate? 2 Side Hustles You Can Use to Fund Your First Deal Making $8K/Month from 2 Doors and How to Get HUGE Cash Flow with Fewer Units Books Mentioned in the Show Real Estate Partnerships by Ashley Kehr & Tony Robinson The House Hacking Strategy by Craig Curelop Connect with Dan: Dan's BiggerPockets Profile Dan's Instagram Dan's Website Check the full show notes here: https://www.biggerpockets.com/blog/rookie-340 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What is ARV in real estate? You've heard the term before but might not know what it means. ARV stands for after repair value, the value of a property AFTER you rehab, renovate, or upgrade it. While this metric may seem like something that only house flippers should care about, ARV is something that ANY rental property investor should pay close attention to because if you get it wrong, you could lose tens of thousands of dollars. In this Rookie Reply, we'll show you how to estimate ARV and what common mistakes rookies make when calculating this crucial number. Then we answer how to write off repairs vs. CapEx (capital expenditures) on your taxes, and Ashley's easy answer when you don't know the difference between the two! Plus, why you should ALWAYS check your breakers when something goes wrong. If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover: ARV (after repair value) explained and why it's so useful when buying rental property How to estimate ARV and pull comps from nearby sold properties Rookie mistake you might make when estimating ARV and how to know your calculations are correct When ARV is (and isn't) important, plus, why purchase price isn't everything CapEx (capital expenditures) vs. repairs and how to write these common expenses off Why Ashley can't ever just relax on the weekends And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Ask Us Your Investing Question Apply to Be a Guest on the “Real Estate Rookie” Podcast Hear Our Recent Episode with Pace Morby EZ Calculator Invelo LandGlide onX Hunt Privy PropStream Zillow Follow Grant Warrington, the Apartment Investor Expert, on Instagram Books Mentioned in the Show: Real Estate Rookie by Ashley Kehr & Tony Robinson Check the full show notes here: https://www.biggerpockets.com/blog/rookie-336 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Buying a rental property for just eighty bucks? There's no way that's possible. How can you close on a rental for the same amount of money it takes to fill up a tank of gas? Surprisingly, one type of mortgage lets you come to the closing table with no money down, no PMI (private mortgage insurance), and, if you play your cards right, (almost) no closing costs. Clint Campbell even used it on his recent house hack. Thanks to serving in the military, Clint had his college paid for by Uncle Sam. When the opportunity to be deployed came up, Clint took it, knowing he'd make more while spending less. He was able to save up a nice chunk of change and used it to buy a rushed first rental property. But then, Clint realized he could pay almost NOTHING for a home he would live in, so he looked around for just that, and the eighty-dollar house hack came to be! In today's episode, you'll learn all about the VA loan Clint used to pay just eighty dollars for his first house hack, the limitations to this loan that service members MUST know about, and how to turn your girlfriend into a handyman and tenant combo who still loves you. In This Episode We Cover: The VA loan explained and using it to buy a house for NO money down  Building your credit from scratch and quick tips to boost your credit score Why you MUST get pre-approved before buying a property (ALWAYS do this) Seller credits and using them to lower your closing costs  Partnering with a spouse or romantic partner on your next property Passive real estate investing and how to make money in real estate WITHOUT doing the work  And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! VA Loans: How Eligibility & Funding Works in 2023 How to Invest in Real Estate with No Money Down AnnualCreditReport.com AUNT KARA Credit Karma ThePointsGuy.com Book Mentioned in the Show Real Estate Partnership by Ashley Kehr & Tony Robinson Connect with Clint: Clint's TikTok Check the full show notes here: https://www.biggerpockets.com/blog/rookie-329 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In just a few years, you can go from no cash flow or investing experience to owning a sizable real estate portfolio, with passive income flowing in and free rent, EVEN if you're in your early to mid twenties. Not possible? Today's guest would beg to differ. Welcome back to the Real Estate Rookie podcast! Today, we're chatting with investor Noah Sprimont, who has had quite the real estate journey to date. Noah became obsessed with the idea of reaching financial freedom through real estate while he and his now-fiancée were living with his parents. To fast-track his development, he not only immersed himself in BiggerPockets content but also took up several W2 jobs that would help him hone the skills he needed to become a successful investor. Laser-focused on making it in real estate, Noah dabbled in several real estate strategies before discovering the cash flow potential of short-term rentals. If a bumpy start to your real estate journey has caused you to feel discouraged, you'll want to hear how Noah was able to tackle his own feelings of self-doubt and fear of the unknown in this episode. You'll also learn which skills can help you prepare for real estate investing, how to find flexible financing options for your deals, and what every rookie investor can bring to a partnership—regardless of the number in your bank account! In This Episode We Cover What you MUST do to maximize your short-term rental cash flow Developing invaluable skills that will help you transition into a career in real estate Quitting your W2 to pursue full-time real estate investing Flexible financing options you can get through a smaller bank or credit union How to cover even the most unexpected home renovation costs Three essential tips that will make your next home renovation project a HUGE success And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! 2 Long-Distance Rentals with $0 Down with Tony Robinson How to Invest in Short Term Rentals (STR) Books Mentioned in the Show Real Estate Partnerships by Ashley Kehr & Tony Robinson Connect with Noah: Noah's BiggerPockets Profile Noah's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/rookie-327 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert Leonard brings back his friends Ashley Kehr and Tony J. Robinson to talk all about real estate partnerships and getting an update on the Airbnb investing market.Ashley Kehr is the host of the BiggerPockets Rookie Podcast and Author of the books Real Estate Rookie: 90 Days to Your First Investment and Real Estate Partnerships.Tony Robinson is well known in the world of real estate investing as the host of the BiggerPockets Real Estate Rookie podcast and author of the Real Estate Partnerships book, with Ashley Kehr.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro04:46 - What's going on in the Airbnb investing market right now?09:56 - How changes to the Airbnb platform have impacted investors.13:30 - The different types of partnerships.29:05 - How to get over imposter syndrome.35:05 - Who you shouldn't partner with.36:02 - How to find a real estate partner.53:24 - Why you might want, or not want, a partner.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESAshley and Tony's book Real Estate Partnerships.BiggerPockets Real Estate Partnerships.Related episode: Listen to REI185: 90 Days to Your First Investment w/ Ashley Kehr, or watch the video.Related episode: Listen to REI089: Real Estate Diversification & Life Design w/ Ashley Kehr, or watch the video.Related episode: Listen to REI022: Building Wealth from Rentals w/ Ashley Kehr, or watch the video.Related episode: Listen to REI088: Airbnb & Short-Term Rentals w/ Tony Robinson, or watch the video.Related episode: Listen to REI137: Airbnb Investing in 2022 w/ Tony Robinson, or watch the video.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Your home might be worth more than you think. Earn extra money today with Airbnb.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Shape and flex your home loans how you want with Athena. Join the thousands of Aussies taking control of their mortgage today.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Enjoy an all-in-one personal finance app that gives you a comprehensive view of all your accounts, investments, transactions, cash flow, net worth, and more, with Monarch Money. Get an extended thirty-day free trial today.Support our free podcast by supporting our sponsors.Connect with Robert: Twitter | WebsiteConnect with Tony: Instagram | YouTube | TwitterConnect with Ashley: Instagram | PodcastSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to the RE Social Podcast, your source for real estate investing tips! Meet our special guest, Tony Robinson, co-host of the BiggerPockets Real Rookie Podcast. Tony takes us through scaling his own real estate business, sharing the highs and lows of building his portfolio. Tony gives us a deep dive into the current Airbnb landscape, uncovering the hurdles he faced in the Joshua Tree market. He also generously shares his insights on effective partnerships, securing funds, and networking your way to real estate success. If you're keen on expanding your real estate venture, hiring virtual assistants, and optimizing your profits, this episode is a must-listen! Tony also unveils a book he co-authored, titled "Real Estate Partnerships." Don't miss the chance to grab your copy in the link below. Tune in to gain more investing tips! Key Takeaways 00:00:00Our guest's first podcast 00:01:25Networking in real estate 00:01:48Who is Tony Robinson 00:02:36How his real estate journey started 00:04:16Lessons learned in RE scaling 00:07:33Investing in real estate markets 00:09:04The Joshua Tree Market 00:12:31When looking into other markets 00:12:48Adding unique amenities to stand out 00:15:37Investment goals and property mix 00:17:18Hiring virtual assistants 00:19:23What makes Amazon successful 00:21:12Biggest mistake investors make 00:22:44Using Loom for training and processes 00:26:32Teaching VAs to be proactive 00:28:17How he structured partnerships 00:31:07Value other investors' contribution 00:31:56Amounts of capital brought by partners 00:33:42Leveraging private lenders 00:34:04Advice for aspiring investors 00:37:28His wife as his business partner 00:38:47When's the right time to buy? 00:40:07Getting in touch with Tony Resources and Links Loom https://www.loom.com/ Wayfair https://www.wayfair.com/ OpenDoor Capital https://odcfund.com/ Brandon Turner https://www.linkedin.com/in/brandon-turner-1b96b6209/ 5 PROFITABLE Airbnb Cities to Buy In Today (2023) https://www.youtube.com/watch?v=qosU2P9i7HI BiggerPockets: The Real Estate Rookie Podcast https://www.biggerpockets.com/podcasts/real-estate-rookie Real Estate Partnerships by Tony Robinson & Ashley Kehr https://store.biggerpockets.com/products/real-estate-partnerships Connect with Tony: https://www.instagram.com/tonyjrobinson/ https://www.youtube.com/therealestaterobinsons https://www.tiktok.com/@therealestaterobinsons https://therealestaterobinsons.com/ Learn more about AnVi Invest

Join us for an exclusive conversation with the dynamic co-hosts of the BiggerPockets Real Estate Rookie Podcast, Tony J. Robinson and Ashley Kehr. They're unveiling their brand-new book, "Real Estate Partnerships," and revealing how these strategic alliances can catapult you towards your dream real estate portfolio. With BiggerPockets boasting over 150 million downloads and the Real Estate Rookie Podcast hitting 700K downloads a month, these industry powerhouses share invaluable insights on accessing cash, acquiring bigger deals, and maximizing profits through real estate partnerships. Discover the secrets to fast-tracking your real estate success and building a lucrative investment portfolio. #RealEstateSuccess #RealEstatePartnerships #InvestmentPortfolio #PropertyInvesting #RealEstateProfits #BiggerPockets #RookiePodcast #RealEstateTips #WealthBuilding #DreamPortfolio Learn more about your ad choices. Visit megaphone.fm/adchoices

Are mortgage points really worth it? In many cases, they can save you money on a loan. But be careful; that lower rate might not be worth the cash you put up! It's important to run the numbers before doing a mortgage buydown, and our trusted hosts are here to show you how! Welcome to this week's Rookie Reply! In this episode, Ashley and Tony talk about mortgage points and when they make sense for real estate investors. They also discuss cash-out refinancing in depth—how much you can pull from a property, why banks enforce a “seasoning period,” and how to potentially get around it! Looking to go digital with your rentals? Our experts list the pros and cons of installing keyless entry pads. Finally, they provide the FREE tools you can use to get updated property information! If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover: Mortgage points and why you MUST do the math before a buydown Seasoning periods and how long you might need to wait before refinancing How much cash you're able to pull in a cash-out refinance How to choose between short-term and long-term rental strategies Pros and cons of installing keyless entry pads for your rentals FREE tools you can use to get accurate information about a property And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Find Your Next Off-Market Deal, with Invelo Change Your Locks with Ease by Purchasing Core Inserts Follow Emma Kioko on Instagram Books Mentioned in This Episode Real Estate Partnerships by Ashley Kehr & Tony Robinson Check the full show notes here: https://www.biggerpockets.com/blog/rookie-314 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

No real estate investing journey is ever sunshine and rainbows, but some are certainly more difficult than others. Many rookie investors are either so fearful of making a mistake that they experience “analysis paralysis” or are so eager to own property that they rush into several costly mistakes. Today's guest fell into the latter camp! Welcome back to the Real Estate Rookie podcast! Today, we're joined by Tyrin Tyson, a travel nurse who made his fair share of mistakes on the way to his first deal. After working tirelessly to save up extra cash for real estate, Ty hastily bought two properties at an auction. Come to find out, they weren't exactly as advertised. To make matters worse, some bad advice led to a nightmare rehab project that went $20,000 over budget and took nearly two years to complete. If you want a realistic picture of the average real estate journey, this is an episode you won't want to miss! Hear how Ty earned the capital to invest (including a fun side hustle!), weathered the storms of his first deal, and found a real estate community that pushed him to keep going when giving up seemed like the best option. In This Episode We Cover: Why you MUST have a game plan before buying real estate The two challenges you are likely to face without a real estate community How to find a mentor who will point you in the right direction The pros and cons of long-distance investing vs. staying in your market How to spot a nightmare renovation project when estimating rehab costs Creative side hustle ideas you can use to fund your real estate deals And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Manage Your Rental Property with Stessa Books Mentioned in This Episode The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Hann & Matt MacFarland Real Estate Partnerships by Ashley Kehr & Tony Robinson The Cashflow Quadrant by Robert Kiyosaki Connect with Tyrin: Tyrin's YouTube Tyrin's Instagram Tyrin's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/rookie-313 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Some simple DIY investing hacks could save you thousands of dollars. But, as a rookie, the thought of tackling your own home renovation projects might be a little intimidating. Bringing sweat equity to a deal, however, can help you save a ton of money and even make you more valuable in a partnership. In this episode of the Real Estate Rookie podcast, we're chatting with Shaun Kelly, whose road to real estate investing was anything but fast or easy. Shaun spent nine years in the analysis paralysis phase before he finally pulled the trigger on his first deal. Since then, he has built a portfolio of nine properties in four years and has refined his DIY skill set to the point where he can perform all types of rehab projects for a fraction of the typical cost. Whether you're looking for creative ways to increase profits on your investment properties or bring value other than capital to a partnership, tune in to hear Shaun's biggest money-saving DIY hacks and his journey, from making simple fixes to performing major home renovations. Ashley and Tony discuss their own experiences with DIY projects and list the jobs they prefer to outsource to a pro! In This Episode We Cover DIY hacks that will help you save a FORTUNE on home renovation projects How to stop overanalyzing and finally land your first real estate deal How to account for sweat equity when structuring a partnership The importance of documenting your journey as a new real estate investor Harnessing the power of YouTube to build your network and create another income stream And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Analyze Your Deals with the BiggerPockets Investment Calculators Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio Follow Ashley Wilson on Instagram Book Mentioned in the Show: Real Estate Partnerships by Ashley Kehr and Tony Robinson The Gap and the Gain by Dan Sullivan Connect with Shaun: Shaun's BiggerPockets Profile Shaun's YouTube Check the full show notes here: https://www.biggerpockets.com/blog/rookie-311 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Get ready for a thrilling exchange with real estate investment virtuoso Ashley Kehr, the co-host of Bigger Pockets' Real Estate Rookie and author of Real Estate Rookie, 90 Days to your First Investment. Having jumped into the real estate world with no prior experience and coming out at the other end with more than 30 units to her name, Ashley is an inspiration for rookies and seasoned investors alike. She discusses her journey from an accountant to a property manager and eventually a successful investor. Learn how her accounting background was vital in managing properties effectively and why good bookkeeping is essential for every real estate venture. Ashley shares her insights from attending the Maui Mastermind, which completely transformed her perspective on investing and set her on the path to success. She emphasizes the significance of focusing on the cash flow per deal rather than just the number of units and the value of robust systems to scale your real estate business. The conversation also delves into the significance of trusting your instincts when it comes to vetting potential partners and contractors and the outcomes of such decisions. Networking and collaboration are at the core of the real estate world, and Ashley provides valuable insights into the power of both. She discusses understanding your investment markets and why you need to diversify to mitigate risk. With her experiences ranging from Airbnb arbitrage to medium-term rentals, she shares how she finds value in properties overlooked by others. It's a gripping tale of how she purchased a four-unit investment property for a mere $20,000 that appraised for $220,000, showcasing the exponential potential of savvy real estate investments. In this episode, you will hear: Ashley Kehr's journey from an accountant to a successful real estate investor How her accounting background played a crucial role in managing properties effectively, and why you need good bookkeeping in real estate ventures Her transformative experience at the Maui Mastermind that focused on the importance of cash flow per deal and having robust systems in place to scale your real estate business The significance of trusting your instincts when vetting potential partners and contractors in real estate investments Ashley's perspective on the power of networking and collaboration in the real estate world and why you have to understand your investment markets Her experience with Airbnb arbitrage and medium-term rentals, finding value in overlooked properties One of Ashley's successful investment stories -- purchasing a four-unit property for $20,000 that appraised for $220,000, showcasing the potential of savvy real estate investments Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/056 to download it. Supporting Resources: Ashley Kehr's website - www.ashleykehr.com Her YouTube Channel - www.youtube.com/channel/UCuWeKxHjh-vhWX7U9pAQiZQ Find Ashley on Facebook - www.facebook.com/wealthfromrentals Ashley Kehr on Instagram - www.instagram.com/wealthfromrentals Real Estate Rookie - store.biggerpockets.com/products/real-estate-rookie Powered by Partnerships by Tony Robinson - www.barnesandnoble.com/w/powered-by-partnerships-tony-robinson/1143049466?ean=9781960178046 Bigger Pockets Interactive Bootcamps - get.biggerpockets.com/fall-interactive-pro-2023 Website - www.streamlined.properties YouTube - https://www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties   Episode Credits: If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

This week, we sit down with Ashley Kehr, Host of the BiggerPockets Real Estate Rookie Podcast. She purchased her first rental property in 2014 and has since grown her buy and hold portfolio to over 30 units. Hear what aspects of the real estate market to pay attention to, how to find great deals on property, the first steps to buying a home with your partner, the prep work needed to apply for a mortgage, and some hacks for building equity fast. Learn more about Ashley: Real Estate Rookie Book at BiggerPockets.com/BookStore (use code: kehr10 for 10% off) Real Estate Rookie Podcast Instagram @WealthFromRentals AshleyKehr.com Planning a wedding? It's time to plan smarter with Loverly's free wedding planning platform. From a comprehensive wedding checklists to guest list management and vendor manager, we've got everything you need to make your special day unforgettable. Need a wedding website? We got a special promotion with our friends at Minted! Get a free upgrade with promo code: LOVERLYPREMWW Let's be friends follow us on IG --> @Loverly We're on TikTok --> @Loverly

Don't know how to analyze a rental property? After this episode, you'll be a rental property analysis pro, knowing exactly how much money you'll make on your first, second, or next real estate investment. But don't worry; you won't need any complex formulas, dense spreadsheets, or complicated math to calculate how much cash flow you'll collect from your real estate deal. Instead, you can use the EXACT methods we show to analyze investment properties in minutes, EVEN if you're a real estate rookie! Wait? Did David and Rob morph into the queen of upstate real estate, Ashley Kehr, and short-term rental/skincare expert, Tony Robinson? Fortunately, David and Rob are safe and sound, and in this episode, Ashley and Tony from the Real Estate Rookie podcast will teach you EXACTLY how to analyze real estate deals in 2023. From long-term to short-term rentals, BRRRR properties, and choosing your real estate market, Ashley and Tony will go through everything you need to ensure your first or next real estate deal is a home run. Our hosts will go step-by-step through analyzing a real estate investing market, signs of one you should invest in, building your “buy box,” analyzing a long-term, short-term, and BRRRR investment property, and how the 2023 housing market has changed. If you're still waiting to get a rental property under contract, this is the place to start! In This Episode We Cover: How to analyze a rental property, short-term rental, or BRRRR investment from scratch  2023 housing market updates and what you MUST know before buying  Using the BiggerPockets rental property calculators to analyze properties in minutes Where to find insurance prices, property taxes, and other KEY variables  The three things you MUST know before analyzing an Airbnb or vacation rental  Financing your real estate deal and rental property loans you can use to purchase an investment property!  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 BPCON2023 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 Ask David Your Real Estate Investing Question Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram BiggerPockets Calculators Used in This Episode: Rental Property BRRRR Rent Estimator Tune into The “Real Estate Rookie” Podcast: Podcast YouTube Grab Tony's Short-Term Rental Calculator BrightInvestor NeighborhoodScout Policygenius PriceLabs Propstream Investor Shout-Outs: Amy Mahjoory Lattes and Leases Zosia Madden (Rookie Ep 301) Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-793 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Patrick Donley sits down with Ashley Kehr to chat about her new book, “Real Estate Rookie: 90 Days to Your First Investment.” They discuss how her life has changed since becoming the host of the BiggerPockets Rookie podcast and becoming a published author, how to select the right strategy for your investment goals, how to structure your real estate business, how to finance your first deals, and so much more!IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro02:26 - How Ashley's life has changed since becoming a podcast host and published author.02:26 - Why she's inspired by rookie real estate investors.05:52 - What her writing process for the book was like.11:46 - How to select the right strategy for you.11:46 - Why you should build wealth and cash flow before pursuing passion projects.15:13 - The importance of SMART goals and figuring out your “why?”.17:51 - The importance of time blocking.17:51 - How to find an accountability partner.19:50 - Why house hacking is one of the best strategies to get started in real estate.21:33 - How to structure your real estate business.24:59 - What productivity tools she recommends.33:25 - What new investors can offer to experienced partners.46:40 - How to finance your first deals.53:12 - How to do market research and source deals.01:03:57 - What are the metrics to look at to determine whether or not to make an offer?01:14:55 - How to make offers that are likely to be accepted.01:23:03 - How to keep your motivation and momentum up.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCESReal Estate Rookie: 90 Days to Your First Investment by Ashley Kehr.Real Estate Rookie podcast.Getting Things Done by David Allen.The Money Makeover by Dave Ramsey.Wealth Without Cash by Pace Morby.Bigger Pockets.Hug Your Haters by Jay Baer.Related Episode: Listen to REI169: The Rise of a Real Estate Entrepreneur w/ Donovan Adesoro, or watch the video.NEW TO THE SHOW?Check out our Real Estate 101 Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Keep up with the latest news and strategies on real estate investing with the best real estate podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Instead of trying to time the market or pick single stocks, automate your investments and invest in a variety of companies with Betterment.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Partner with a specialized agency focused on making insurance as easy as possible for real estate investors. Take advantage of monthly reporting, monthly billing, and coverage for all phases of occupancy with National Real Estate Insurance Group.Support our free podcast by supporting our sponsors.Connect with Patrick (@jpatrickdonley): TwitterConnect with Ashley: Website | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  Looking to become a real estate investor but feeling overwhelmed by all the moving parts? In this video, a seasoned real estate investor spills the beans on how she strategically partnered with different people to achieve her real estate goals. From putting money in the deals herself, to having no money in the deal, Ashley has done it all.    Get ready to take notes as she shares practical tools and techniques that you can use to build profitable partnerships in the world of real estate investment. From Finding the right partners to leveraging each other's expertise, this video is jam-packed with valuable insights that will help you take your investment game to the next level.    If you want to learn one-on-one with someone that can help you make these types of partnered deals, then book a free strategy call with us to go over how we can help! Links from the Show: Book a free real estate investing strategy call! No experience necessary realestateinvestingschool.com Check out the Real Estate Investing School Youtube Real Estate Investing School Instagram Brody's Instagram Ashley's Instagram Ashley's Facebook Ashley's Book

In today's episode, we are interviewing Ashley Kehr, a real estate investor with an impressive buy-and-hold portfolio of over 30 units in both residential and commercial properties. She's a pro at using partners and creative financing to make deals happen, and with property management outsourced, Ashley now focuses on educating new investors and finding deals to rehab and turn into rentals.   As a co-host of the BiggerPockets Real Estate Rookie Podcast, Ashley shares her knowledge and learns from others in the industry. When she's not working, she raises three boys on a dairy farm in rural Buffalo, NY. Key Takeaways The lucrative advantages of investing in real estate Was the BRRR method something she picked up along the way? What methods did she use to find her off-market deals? It is crucial to discover the motivation of your sellers The disadvantages of investing in rural areas Instead of population growth, prioritize the demand for housing when investing Which software tools are useful for managing property portfolios? Resources Follow Ashley here GoogleDrive AppFolio Podium Buildium RentReady Hug Your Haters by James Bayer BiggerPockets The Real Estate Rookie Podcast Send More Offers Program

The Breneman Blueprint podcast welcomes Ashley Kehr to the show to share her knowledge and experience in the world of real estate investing. Ashley has established herself as a successful real estate investor with an influential voice in the community as co-host of the popular BiggerPockets Real Estate Rookie podcast.Listeners will learn about Ashley's strategies for creating cash flow through short and long-term rentals and much more! With her unique insights and expertise, Ashley provides a wealth of information for those looking to build wealth through rental properties.Tune in to this episode to learn: - How to “House Hack” and start from scratch- Networking your way to the next deal- Strategies to create cash flow in short and long-term rentalsCheck out Ashley's recently released book called “Real Estate Rookie: 90 Days to Your First Investment.” The book at Barnes and Noble and outlines Ashley's tried-and-true plan for real estate financial freedom. --Real estate is the most proven way to build wealth. But learning how to invest in real estate is not easy. You need a blueprint from other successful investors. That is what this podcast is all about.In each episode, join Drew Breneman, a real estate investor who owns more than $200M in property, as he and his guests teach you what you actually need to know to be a successful investor. Whether you are a full-time active investor, a passive investor, close to retiring, just starting out, simply looking for an alternative to the stock market, this podcast is for you.His company, Breneman Capital, is a private real estate investment management firm specializing in the multifamily property sector. Breneman Capital employs a deliberate investment approach, leveraging data analytics and proprietary technology to generate superior risk-adjusted returns for investors.Breneman Capital has developed an investment strategy that aims to exploit market inefficiencies and reveal superior risk-adjusted opportunities through comprehensive use of technology and analytics.Get started today as an investor or learn more at: https://www.breneman.com--Follow Drew on Social:Twitter: https://twitter.com/drewbreneman LinkedIn: https://www.linkedin.com/in/drewbreneman

To build your real estate empire, you must do two things…First, have a proper understanding of how the industry works. Second, know the right people to do business with. That's what Ashley Kehr did — transforming her simple farm life into one of a professional woman in real estate. Today, Ashley sits down to talk about her voyage in the real estate industry and shares insider tips on how to choose the best properties to do business on, how the real estate industry works amidst the current economy, and how to initiate the right partnerships. Do not miss the remarkable journey this full-time mom forged to become financially secure!

Would you like to become a real estate rookie? This episode is for you! I have a rare opportunity to interview Ashley Kehr. She is the co-host and author of 'The Real Estate Rookie'. Ashley is passionate about investments and the different avenues of wealth creation. Her goal is to give back and help others gain financial freedom. Ashley started as an accountant. After six months of working in an office, she quit to be a stay-at-home mom. After a while, someone offered her an opportunity to become a property manager. She had no idea what goes into property management. All she had were a bunch of files, keys and 40 units to manage. Ashley invested her time in learning property management and watched close what her employer was doing. In no time, she started buying houses of her own, and today she is a real estate rookie. Her mode of investment is unique and exciting. In this episode, Ashley shares her journey and some golden nuggets we can all borrow to get started. Grab your notebook and pen. You'll need to take notes. Key Talking Points of the Episode: [00:27] Getting to know Ashley [03:25] Long-term versus short-term investment [09:14] Ashley's inspiration to reach out to beekeepers [15:00] Misconceptions in real estate [19:14] How to minimize risk in real estate [24:02] Grab Ashley's book [24:24] Nuggets of wisdom from Steph [27:10] Connect with Ashley Quotes from the Episode: “In New York State, they have a huge tax credit to on your property taxes, if you enroll with their logging program.” “Figure out what that worst case scenario is, and then figure out how to deal with it.” “If you find the deal, you can usually find money when you start.” Connect with Ashley Kehr: Facebook: https://www.facebook.com/wealthfromrentals  Instagram: https://www.instagram.com/WEALTHFROMRENTALS/  YouTube: https://www.youtube.com/@ashleykehr9632   Podcast: https://www.biggerpockets.com/blog/category/rookie

https://www.biggerpockets.com/blog/lessons-learned-from-out-of-state-flipSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Before buying a rental property, real estate investing can seem scary. Only experienced landlords know how to deal with closing delays, overbudget rehabs, and tenant issues. But that doesn't mean you have to come in blind on your first real estate investment. If you have the proper knowledge, expectations, and systems set up, you can build a real estate portfolio faster than the rest, which is what Ashley Kehr, author of Real Estate Rookie: 90 Days To Your First Investment, did.Ashley hosts the Real Estate Rookie Podcast, where she interviews new investors who have had one or a few successful deals. She's seen what it takes for someone to go from bystander to investor and wants to make sure you can purchase your first investment property too. On today's show, Ashley walks through her pre-closing checklist, where she details everything from due diligence to budgeting renovations and rehabs, how to negotiate with sellers, where to find insurance and more.This is just a brief glimpse at everything you can find in Ashley's new book, and combining these golden nuggets with what is shared in Real Estate Rookie will get you on a faster path to landlord life and passive income. So, if you've been waiting to invest or feeling like you don't know what you don't know, this may be the perfect episode to start. Tune in, grab the new book, and get ready to make some property purchases in 2023!In This Episode We Cover:The pre-closing checklist and everything a new investor should do before they come to closingDue diligence and how to ensure title work, home insurance, and taxes are readyRenovation and rehab budgeting and how to build a scope of work even when investing out of stateNegotiating with a seller on both on and off-market deals and the pros/cons of using an agentHow to smoothly communicate with a seller or agent so you can get a deal done quicker (and with less stress)Landlord insurance and how to find a policy that works for you before you closeAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelReal Estate Rookie PodcastBooks Mentioned in the ShowLong Distance Real Estate by David GreeneReal Estate Rookie by Ashley KehrYou're Not Listening by Kate MurphyHug Your Haters by Jay BaerConnect with Ashley:Ashley's BiggerPockets ProfileAshley's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-709Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week we bring on guest Ashley Kehr and discuss what it has taken for her to scale to over 100 units.  We dive into the good, bady and ugly of it all!  Be sure go follow and find Ashley on all of her digital platforms: instagram: @wealthfromrentals YouTube: https://www.youtube.com/@RealEstateRookie Please support Ashley and pre-order her book now: https://store.biggerpockets.com/products/real-estate-rookie Want more from Chasing Freedom? Make sure to follow Noah @noahevans_realestate and check out our website ChasingFreedomRE.com Also, make sure to subscribe, rate, and review. If you like watching our episodes, make sure to subscribe to our Youtube Channel    Want more from Chasing Freedom? Make sure to follow Noah @noahevans_realestate and check out our website ChasingFreedomRE.com Also, make sure to subscribe, rate, and review. If you like watching our episodes, make sure to subscribe to our Youtube Channel 

What makes a great real estate market? If you're a new investor, you might think that high rents and cheap home prices are all that matter, but you couldn't be more wrong. Experienced investors search for more than just surface-level pricing when looking into where is worth investing. This is doubly true when you're investing in short-term rentals and medium-term rentals—both of which require a specific area to succeed. So what would Ashley and Tony look for when scouting a new real estate market?Happy Holidays and welcome back to another Rookie Reply! We hope you've got your presents wrapped and are ready for the greatest gift of all—Ashley Kehr's singing voice…and some advice on real estate. This time around we've got a few technical questions that rookies may have trouble answering. These topics range from how to find the zoning on a rental property, whether to furnish your rental when renting by the room, when to hire an attorney for a real estate deal, and what makes the best real estate investing area!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).In This Episode We CoverWhether or not furnishing a room when house hacking is worth the costWhere to locate your property's zoning and how to see what counts as “allowable use”How to find out what your town is planning on developing/building so you know where to buyThe three signs of a fantastic rental property investing marketWhen it makes sense to hire a buyer's attorney, and which deals require itWhat it means when a home is owned by the Chamber of CommissionersAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentReal Estate Rookie Facebook GroupReal Estate Rookie YouTube channelKara Beckmann's New Christmas AlbumTony's Short-Term Rental Shopping ListFacebook GroupsBiggerPocketsConnect with Ashley And Tony:Ashley's InstagramAshley's BiggerPockets ProfileTony's InstagramTony's BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-246Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Need to know how to estimate rehab costs, even if you're investing out of state? For most investors, it seems almost impossible to do a full-scale renovation while living hundreds, or thousands, of miles away. But, many time-tested investors have done it (including Tony), and you can too, but you'll need to know who to go to and what to ask before you start. Or, you could bite off way more than you can chew, and risk losing your rental as a result.Happy Saturday, rookies! We're back with another Rookie Reply, where your snowed-in on her birthday host, Ashley Kehr, and Tony J. Robinson are here to answer questions directly from the Real Estate Rookie Facebook Group and the Rookie Request Line. In this episode, Ashley and Tony share their best tips on estimating rehab costs, how to structure a partnership when someone brings money and the other brings effort, separating your rental property finances, and how to find a rock-solid CPA before tax time!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).In This Episode We CoverThe easiest way to estimate rehab costs even if you're investing from out of stateHow to split expenses on a rental property and which different bank accounts to haveBusiness credit cards and how to make bookkeeping much easier for yourselfWhy expert investors ALWAYS buffer in more money for unexpected rehab costsHow to split roles, responsibilities, and profits in a real estate partnership What to look for in a real estate CPA and questions they MUST be able to answerAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentReal Estate Rookie Facebook GroupQuickBooksStessaMLSLowe's Home ImprovementThe Home DepotFrom Line Cook to Long-Term Investor with 32 Wholesale DealsBiggerPockets BootcampsBiggerPockets ForumsReal Estate Rookie YouTube channelConnect with Ashley And Tony:Ashley's InstagramAshley's BiggerPockets ProfileTony's InstagramTony's BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-244Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Real estate investing wouldn't be the same without BiggerPockets. If you were lucky enough to attend BPCon 2022 in sunny San Diego, you'll know what we mean. With a sea of investors ready to network, advise, and invest with one another, this event shows how powerful the community of real estate investors is. But even if you weren't able to make it this year, you can still get a sneak peek at what a BPCon panel looks like!On this bonus episode, sponsored by Rent to Retirement, we take hosts from all our different podcasts to give their advice, expertise, and tips to new and aspiring real estate investors. You'll hear Ashley Kehr and Tony Robinson from the Real Estate Rookie Podcast answer tactical questions on partnerships, LLCs, and refinancing. Then, BiggerPockets Money Podcast host Mindy Jensen joins The Real Estate InvestHer Show duo, Liz Faircloth and Andresa Guidelli, to play the “spend or save” game.We also bring on the whole cast of our newest show, On the Market, to analyze two deals live in front of the entire audience to see whether or not two flips are flops. Finally, for all you original BiggerPockets Real Estate Podcast listeners, we have David Greene and Rob Abasolo welcoming a special guest back to the show—one that many of you surely missed.In This Episode We Cover:How to apply for a mentorship with hosts from your favorite BiggerPockets PodcastWhen to keep properties in your personal name vs. in an LLCSpending vs. saving, and when to pay top price for contractors, cars, self-care, and more!Live deal reviews of two “profitable” flips in a hot market and why you can't always trust the numbersA special cameo from a long-time friend of the showDavid's secret jiu-jitsu move to instantly de-escalate an attack from Rob Abasolo And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaHear Last Year's Live Panel from BPCon 2021Rookie Podcast 106: Asset Protection on RookieMentorships on InvestHerBiggerPockets Podcast 443 with Jim KwikDavid's BiggerPockets ProfileRob's BiggerPockets ProfileBrandon's BiggerPockets ProfileDave's BiggerPockets ProfileAshley's BiggerPockets ProfileTony's BiggerPockets ProfileMindy's BiggerPockets ProfileAndresa's BiggerPockets ProfileLiz' BiggerPockets ProfileHenry's BiggerPockets ProfileJames' BiggerPockets ProfileJamil's BiggerPockets ProfileKathy's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-BONUSInterested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Are you looking to get started in real estate investing? You might learn a thing or two from today's guest. Ashley Kehr is a real estate investor and the host of BiggerPocket's Real Estate Rookie Podcast. Her real estate journey started when she began looking into ways to build her wealth and gain financial independence. In this episode, she chats with Craig Curelop and Zeona McIntyre about how she found, funded, and closed those first deals that led her to pursue real estate and achieve the financial freedom she always wanted. They discuss finding the right partner to fund deals, different ways to purchase properties, and tips on diversifying your portfolio to create a more secure future long-term. Learn how to define your financial goals, and don't miss the golden nuggets from Ashley's story by tuning in to this episode. Affiliates1. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.www.rentredi.com — CODE: INVEST2FI 2. Kaplan Real Estate Education (we have the recording as well)They can go to the website - https://www.kapre.com/ and use our CODE - Invest2 3. Air BnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.You can register FREE COURSE here: https://www.stepbystepbnb.com/a/2147508384/zG79Sujh 4. Rocket Dollar - Rocket Dollar is a provider of self-directed retirement accounts for individuals. Through our accounts, our customers are no longer limited to the investments offered by traditional retirement account providers. With a Rocket Dollar account, account holders can invest in anything they want with "checkbook control." Allowed investments include real estate, private equity, small business and peer to peer lending, and much more.https://www.kqzyfj.com/click-100586418-13920066 5. Personal Capital - Financial Software and Wealth Management. You get $20 Dollar when using the link belowhttps://personalcapital.sjv.io/zaMMqx 6. Beyond PricingAutomated dynamic pricing solutionFree 30-day trialbeyond.sjv.io/b3XBN9 Love the show? Subscribe, rate, review, & share! invest2fi.com

Your network can be your most powerful tool inside and outside of real estate. Today's guest, Ryan John, started his real estate investing journey after seeing his friends succeed in the investing space—including his childhood friend, Ashley Kehr. Ryan has been in the real estate game for a year and a half and has closed on two off-market deals—a house hack and a duplex. As all rookies know, trying to find and close on your first deal can be a mix of emotions. From excitement to fear to anxiousness and fulfillment, you go through various emotions when trying something you've never done before. While Ryan wanted to get started right away, he experienced a lot of nervousness regarding his first deal—waking up at three in the morning, scared he was missing something. But, unlike many other investors, he didn't allow this to deter him from accomplishing his goals.Ryan prefers off-market deals because he doesn't have to go through a realtor. An off-market deal requires more legwork but often comes with significantly better numbers. Becoming an investor has also given Ryan the freedom to make big life changes. Ryan went to his first real estate investor meetup and met investors with a wide range of experience. After attending, an incident at work prompted him to quit. Since he lives below his means and has cash-flowing rentals, he has the time and ability to breathe and explore his options before deciding his next steps.In This Episode We CoverHow to overcome analysis paralysis and the fear of your first dealThe pros and cons of off-market deals and how to find them in today's marketHow to buy a small multi-family property and why they're worth investing inHouse hacking 101 and how to make money using unused space on your property or in your homeTime value vs. opportunity cost and how to know when it's time to outsourceThe power of real estate meetups and being surrounded by motivated investorsAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramAirbnbReal Estate Rookie Facebook GroupThe Real Estate PodcastReal Estate Rookie PodcastRentRediConnect with Ryan:Ryan's BiggerPockets ProfileRyan's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-229Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ashley Kehr was given the opportunity to manage 100 units for a friend with little knowledge of what was involved. However, she realized she had a knack for managing properties and then decided to get into her own deals. Ashley shares what it takes to run a successful property management business, how to plan for partnerships, what to look for when hiring a property manager, and more.

A rental property falling into foreclosure is a sad sign. “What happened to that landlord?” you might ask. Did a tenant do extensive damage, leaving them with a too burdensome repair bill? Did the landlord forget to pay their mortgage? What could have caused this? Well, if you're like Ashley Kehr, someone else may have caused your home to (almost) slide into foreclosure, without you knowing.Welcome back to this week's Rookie Reply. Wait, scratch that. This week's Rookie Confession, featuring our own Ashley Kehr! Many listeners know Ashley as a fast-moving, quick-thinking, real-life monopoly player, but in this episode, she opens up about a mistake that almost lost her multiple properties. It was an easy real estate mistake to make, but even veterans in the game get caught now and again. Want to avoid what happened to Ashley? Tune into this episode!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE). Links from the ShowReal Estate Rookie PodcastReal Estate Rookie Facebook GroupBiggerPocketsReal Estate Rookie Youtube ChannelAirbnbBiggerNews March: How a Surge of Foreclosures Will Impact the Housing Market w/Auction.com's Daren BlomquistRookie Reply: How Do I Estimate Property Taxes?Connect with Ashley and Tony:Ashley's InstagramTony's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-222Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How does a recession affect real estate investors? With layoffs, high inflation, and affordability problems, can the average American even afford to rent? What about vacation rentals—will short-term rental hosts see occupancy drop as families run out of disposable income? These types of questions can strike fear into rookie real estate investors, but we've brought along some veterans to clear up the facts from fiction.Welcome to another episode of Seeing Greene where David is joined by numerous expert investors to help him answer real estate-related questions. Ashley Kehr, Avery Carl, Craig Curelop, and Matt Faircloth are all on today's episode to answer questions ranging from recession risk to house hacking income, scaling from small to large multifamily, and more. If you want to dive deeper into any of these niches, be sure to sign up for the BiggerPockets Bootcamps, featuring strategy-specific live lessons for house hackers, short-term rental hosts, multifamily investors, and more.Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he's going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:Finding a mentor and how to choose a real estate market as a beginnerWhere the short-term rental market is trending and whether or not recession puts it at riskRenting to family and friends, whether to discount rent, and how to treat them as a tenantDebt-to-income ratios and how house hacking rent could affect yoursScaling from small multifamily to large multifamily properties and the differences between the twoInvesting in real estate vs. stocks and the risks of selling a rental propertyHELOCs vs. cash-out refinances and which is best when buying more real estateAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramEnroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10”No, Life Isn't Fair—But Here's How You Can Turn Things AroundBooks Mentioned in the Show:The House Hacking Strategy by Craig CurelopThe Multifamily Millionaire Part 1 by Brandon Turner & Brian MurrayThe Multifamily Millionaire Part 2 by Brandon Turner & Brian MurrayRaising Private Capital by Matt FairclothShort-Term Rental Long-Term Wealth by Avery CarlConnect with Ashley, Avery, Craig & Matt:Ashley's BiggerPockets ProfileAvery's BiggerPockets ProfileCraig's BiggerPockets ProfileMatt's BiggerPockets ProfileAshley's Instagram: @wealthfromrentalsAvery's Instagram: @theshorttermshopCraig's Instagram: @thefiguyMatt's Instagram: @themattfairclothClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-651Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hello and welcome to another episode of the Investor Mel – Women of Action show! In this episode, I'm speaking with Ashley Kehr co-host of the Bigger Pockets Real Estate Rookie podcast. Today's show is jammed packed with tips for newbie investors including property management, househacking, mindset and much much more.  Ashley Kehr lives near Buffalo, NY on a Dairy Farm with her husband and three boys. She is the co-host of the Real Estate Rookie Podcast. She helps newbies figure out actionable steps to get their first deal. She was a beginner not too long ago and uses her experiences to guide rookies. She has a dual degree in finance and public accounting and recently became a licensed insurance agent.She purchased her first rental property in 2014 and since then has grown her buy and hold portfolio to over 35 units. She has experience in residential and commercial properties. She accredits much of her success to the use of partners on several real estate deals and creative financing. A new venture outside of real estate that she took on was opening a Wine & Liquor Store!Ashley became passionate about real estate after quitting her staff accountant job to work as a property manager. Within several years she had created two property management companies that she ran for over 5 years. Her specialty was creating systems to work efficiently and remotely within the companies. Currently, she outsources the property management and spends her time educating new investors and finding deals to rehab and turn into rentals. Her specialty is finding properties that can be purchased under market value then adding value to them by either raising rent, rehabbing or cosmetic updates.Ashley's most recent venture is a wine and liquor store that she opened in one of the buildings she rehabbed.Ashley's real estate investing strategies have been featured on Podcasts including, BiggerPockets Real Estate, BiggerPockets Money, The Daily Real Estate Investor, The Real Estate InvestHer Show, The Myndful Investor, The Investor's Podcast, and BiggerPocket's Business. Wealth Magazine and BiggerPockets.com Blog have featured her as a real estate investor.Hope you're ready to be inspired… you don't want to miss this show!! --------------------------------------------------------------------------------------------------------------------If you enjoy my content here, you'll love the unique tips I share on my Instagram page so make sure to give me a follow. Username: Investor Mel & Dave (@investormeldave.) And for more real estate content, make sure to subscribe to our Youtube channel and hit the bell to be notified as we release a new video weekly.https://bit.ly/SubscribeToMelDave--------------------------------------------------------------------------------------------------------------------I hope you enjoyed this episode of the Investor Mel - Women of Action show! Do you want to be a woman of action? Take the first step by joining our mentorship program! www.iamreadytoinvest.com to book a call.

Ashley purchased her first rental property in 2014 and since then has grown her buy and hold portfolio to over 30 units. She has experience in residential and commercial properties. She accredits much of her success to the use of partners on several real estate deals and creative financing. A new venture outside of real estate that Ashley took on was opening a Wine & Liquor Store into one of her remodeled buildings. Ashley became passionate about real estate after quitting her staff accountant job to work as a property manager. Within several years Ashley had created two property management companies that she ran for over 5 years. Her specialty was creating systems to work efficiently and remotely within the companies. Currently, Ashley outsources the property management and spends her time educating new investors and finding deals to rehab and turn into rentals. She finds properties that can be purchased under market value then adding value to them by either raising rent, rehabbing or cosmetic updates. Current projects include rural cabins being rehabbed to turn into short term rentals, a mobile home park under contract and seeking a campground acquisition. Ashley is the co-host of the BiggerPockets Real Estate Rookie Podcast where she has the opportunity to learn from and educate new investors. When Ashley isn't behind the mic she is raising 3 boys on a dairy farm in rural Buffalo, NY.   Get in touch with Ashley: BiggerPockets.com/realestaterookie  Instagram.com/wealthfromrentals   If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/  Artist: http://audionautix.com/ 

How much cash flow do you need to quit your day job and go full-time into real estate investing? You may have a big number in your head when we ask that. Maybe you're thinking of replacing a six-figure salary with six-figure cash flow, but that's probably far from what you truly need to quit. In fact, you can quit with a lot less cash flow than what you're being paid today!Joining us again is Daryl Clinch, who recently went full-time into real estate investing with his mentor and partner, Ashley Kehr. Daryl transitioned from seasonal employment to full-time investor after working at his job for sixteen years and deciding he needed a change. In today's show, Daryl breaks down exactly how he prepared to quit, the cash savings he had, and the surprising amount of cash flow that allowed him to achieve occupation-independence!Looking to do the same as Daryl? Here are some suggestions:Find a mentor who can fast-track your knowledge and learn from themPartner up on deals with other investors and provide value whenever possibleCalculate your true cost of living to find your minimum cash flow to quit Keep a strong safety reserve so you can focus on getting deals (not paying bills!)And more in the episode…If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowRookie Podcast 164: Rookie Reply: How Do I Escape My 9-5 with Real Estate Investing?Real Estate Rookie Facebook GrouRookie Podcast 147: 13 Flips as a Full-Time Flight Mechanic and Part-Time Lender w/ Anthony MichaelReal Estate Rookie PodcastDaryl's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/rookie-168See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ashley Kehr is one of the Co-Hosts of The Real Estate Rookie Podcast and today, she shares how she got her start in real estate. Ashley didn't start in real estate, no, she started with a job. Then, she decided that wasn't for her, so she took on being a mother full-time. During that period, she was given the opportunity to manage 100 units for an individual she knew… with little to no knowledge on what that would look like, Ashley began managing properties. Now, for anyone who owns a few or many properties, you'll understand what a difficult task this is. It's not simple, it takes a lot of dedication, time, and most importantly, attention to detail. Something Ashley proved to be quite good at, and so, she managed properties for a time, before starting her own journey, in becoming an incredibly successful real estate investor.Follow up Real Estate Rookie PodcastInstagramBooks Mentioned in the showHug Your Haters

We usually get to hear from our amazing guest speakers, but as the year comes to an end, it's time to hear directly from our dynamic show hosts. Besides hosting rookie podcasts, Tony and Ashley are living proof of how lucrative real estate can be when done right. In this end of the year special we explore Tony and Ashley's business goals, challenges, and motivations.While it might be hard to imagine, Tony and Ashley started exactly where everyone else did, at the beginning. Before they each had their own successful businesses, they had to develop a plan, make connections, build a strong reputation, and find the confidence and motivation to keep going even through failure. In fact, despite their current success they still have to do all these things and more. Real estate investing isn't stagnant and in order to get to or stay on top you have to be willing to evolve, change and take risks.Tony and Ashley break today's episode into three categories: business development, partnerships and motivation/inspiration. In each category they talk about their current and past business ventures and their big takeaways. We usually get to hear small snippets about what they're doing and how they're doing it, but today it's just them and it's something you don't want to miss!In This Episode We CoverThe BRRRR strategy and how lucrative it can be for investorsThe importance of constantly challenging yourself and finding something you're passionate about The benefits of finding your niche market and becoming “known” for somethingWhy goal setting and vision planning is essential (even if you don't know your end goal)Building your internal team and the difference between your internal and external partnersThe different types of partnerships and finding the right partnership structure for youAnd So Much More!Links from the ShowReal Estate Rookie Youtube ChannelReal Estate Rookie Facebook GroupBrandon Turner's InstagramThe Real Estate Robinsons Youtube ChannelAJ Osborne's Self Storage ConferenceAJ Osborne's InstagramJames Dainard's InstagramCheck the full show notes here: https://www.biggerpockets.com/rookie141See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

If you're wondering how to buy your first rental property, there is arguably no better place on the internet to learn than BiggerPockets. Ashley Kehr should know, she tripled her portfolio after she found the BiggerPockets forums. But, in order for Ashley to triple her portfolio, she had to make the leap and buy her first deal. Today, she'll teach you how to do the same, so you can reach financial freedom.Ashley wasn't born into a real estate family. She worked a nine-to-five job as an accountant, only to realize she hated it and later quit. She began working for a local investor and started learning the real estate management game. Ashley then partnered with the son of her boss, who provided her the capital to begin investing.In less than a decade, Ashley was able to reach financial freedom, retire from any possibility of a regular workweek, and spend more time with her children. Now, it's time for you to do the same! In This Episode We CoverThe six-step process to go from real estate onlooker to real estate investor How real estate can help you build long-lasting, generational wealthWhy doesn't everyone invest in real estate if it's so great?The five mistakes that almost every real estate investor makesRunning through the numbers on a live real estate deal analysis Real estate strategies for every type of rookie investorAnd So Much More!Links from the ShowReal Estate Rookie Youtube ChannelAshley's InstagramTony's InstagramReal Estate Rookie FaceBook GroupBiggerPockets BootcampBiggerPockets ForumsBiggerPockets WebinarsJoshua Dorkin's WebsiteBiggerPocketsBiggerPockets MarketPlaceMLSBiggerPockets CalculatorBiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley KehrBiggerPockets AlreadyProBiggerPockets Newbie WorksheetBiggerPockets Newbie SlidesBiggerPockets 7 YearsRealtor Sold ListingsBiggerPockets ConferenceCheck the full show notes here: https://www.biggerpockets.com/rookie136See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of the Deal Farm, We talk with Ashley Kehr about her best real estate deal ever as well as her worst deal ever! Tune in to hear her story!

Ashley Kehr Holds Degrees in Financing and Public Accounting and is a License Insurance Agent. She Purchased Her First Rental Property in 2014 and since then has Grown her Buy and Hold Portfolio Consisting of Residential Property, Commercial Property and Mobile Home Parks. Ashley is also the co-host of the BiggerPockets Real Estate Rookie Podcast with a Goal to help Newbies figure out the Actionable Steps Necessary to get their first deal. Currently, Ashley lives near Buffalo, NY on a Dairy Farm with her husband and three boys. She Spends most of her time Educating New Investors, Analyzing deals, Seeking the Next Adventure, and living a spontaneous life. In this episode we talked about: Ashley's Bio & Background Property Management The First Duplex Deal Investing in Mobile Home Parks A Pivot to Camp Grounds The Underwriting for Camp Grounds Regulatory Environment The Philosophy of the Trade-off between Potential Income and Value Real Estate Risks and Opportunities in the Next 2 years Mentorship, Resources and Lessons Learned Useful links: https://www.instagram.com/wealthfromrentals/?hl=en Transcriptions: Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name is Jesper gala and you're listening to working capital the real estate podcast. My special guest today is Ashley Kerr. Ashley holds degrees in finance and public accounting and is a licensed insurance agent.   She purchased her first rental property in 2014 and has since grown her buy and hold portfolio consisting of residential property, commercial property and mobile home parks. Ashley is also the cohort cohost of the bigger pockets, real estate rookie podcast with a goal to help newbies in real estate, figure out the actual steps necessary to get their first deal. Currently. Ashley, we just talked about this. You live near Buffalo, New York on a dairy farm of all things with your husband and three boys. How are you doing   Ashley (1m 2s): Good. Thank you so much for having   Jesse (1m 3s): Me right on. So I guess just on that, on that point, you are in Buffalo, so we're probably just a two hour drive away from each other. The dairy farm is that that's a family run thing or?   Ashley (1m 15s): Yeah, so my husband's family, he's third generation. And basically when I moved out of my parents' house, I moved to here and lived down the pharmacist.   Jesse (1m 25s): I love it. We were just chatting before the show. I'm kind of on the heels of, of BP con in new Orleans. Ashley was, you were speaking on a panel, you mentioned before. It was a panel of, I guess, women in real estate. Is that correct?   Ashley (1m 40s): It was all about women that have succeeded in real estate and their advice to inspire other women to get started.   Jesse (1m 49s): Awesome. Great. Well, like they can attest to the fact that we had a great time out there. Didn't cross paths at this time, but maybe next year at next BB con.   Ashley (2m 0s): Yeah, definitely. I there's so many people there so many awesome people to me, it's hard to even get from point a to B because you just run into people. Maybe you met online or people you wanted to meet or just, you know, somebody that comes up to you that heard your story. Yeah.   Jesse (2m 15s): I couldn't agree more Ashley for our listeners that don't know you have a really great presence online, Instagram kind of showcases some of the stuff you're doing, but for those that don't don't know your background, could you give us a little bit of a background of, you know, how you started out, how you got into this world of real estate that we, that we all love?   Ashley (2m 36s): Yeah, of course I, so when I graduated college, I got married and I started working at a CPA firm and I was going to get licensed as a CPA and just work as an accountant. Well, I lasted about six months and I really hated it. So I ended up quitting my job and I was just going to be a stay at home mom. I was going to get pregnant, have babies and live on the farm. Well, about two weeks into my unemployment, my friend's dad approached me and he had a 40 unit apartment complex that he wanted me to run for him.   And so I agreed I could do it from home. It would be part-time. And basically from there, I grew a property management company for himself, for him and all of his properties. It ended up being about 80 residential and about 20 commercial properties that I was managing for him. So to start my first deal, I actually approached his son and said, look what your dad is doing. We should do this. And we bought our first duplex in 2014. And that was how I got started.   Just kind of watching somebody else learning from him and working for him. I gained a lot of experience and knowledge.   Jesse (3m 49s): That's incredible. And that was only, I mean, 2014, right? Not too long ago. Yeah. So in terms of basically saying here's a 40 unit apartment, what were the details, was that, was that something local that you could do or was it, you know, it wasn't across state lines.   Ashley (4m 6s): Yeah, it was right in the town, you know, 10 minutes from my house as in the town that I had gone to high school. And so I knew the town very well. It was very convenient to get to. And I started off with a small little office there that I could go to if need be. And actually just my first day was the first of the month. It was April 1st, 2013. And so all the rent checks are coming in and I was like so nervous that I wasn't going to track them properly. That all 40 checks that came in, I actually photocopied all of them before I actually deposited them.   And I spent pretty much, it took me, I think like full two full years to actually build out my systems and processes for property management. But it was definitely a learning experience. I ripped my hair out a lot. I cried and life is much better now not doing property management. I ended up outsourcing property management to a third party in February, 2020. So I gave up the property management on my properties and also with the same investor. So now I just do asset management for both of us.   Jesse (5m 11s): Was there a reason that a, that person had had come to you for managing that, that 40 unit? Or was it just happenstance?   Ashley (5m 21s): I actually grew up next door to him, his daughter and I were best friends growing up. And I actually went on vacation with their family when I had just quit my job just because I had nothing else to do. And I that's where they were talking about who needs help. And I think there was kind of this mindset. They had that because I was an accountant. I was capable of managing and running a building, which really wasn't true. I could do the bookkeeping for it. But as far as I had to spend a lot of time learning the rules, the regulations and stuff like that and how to make it actually run efficiently.   So, but that was really just it. The, it was more his wife and his kids like pushing him. You need somebody to help you. And so I ended up doing a lot of admin stuff for him too in personal assistant stuff. And then he brought me in an all these projects. I helped him build a 40,000 square foot dealership. I helped him purchase a dealership. I helped him start an insurance agency. So I'm so grateful for him, for him because he brought me in on so many opportunities that a lot of people don't have that I guess, advantage.   Jesse (6m 32s): Yeah, for sure. It's like the school of hard knocks for a few real estate. So property management is, is one of those professions where it's, it's a lot of hard work. It's a lot it's can be a very stressful job. And usually when you're doing a great job of it, nobody calls you and says, Hey, you're doing a great job. So usually you get the call when there's an issue. How did you, well, I guess first, when did you realize that that was something maybe you didn't want to do at least you personally doing for, for long-term and, and w was there a light bulb moment that, you know, you came across that you, you thought, Hey, let's, let's go buy real estate.   Like you're talking about.   Ashley (7m 8s): Yeah, actually the light bulb moment was when I helped him purchase the dealership. So I saw how he was purchasing a business and what he was doing was taking his properties that he owned and refinancing them, pulling the equity out. And he was able to make a cash offer on this business and purchase it. And I still remember sitting in the attorney's office at the closing table and he had had me set up the LLC. He had had me set up the bank account and I was the one signing that huge check that was given at the closing table.   And just the fact that he put that pen in my hand and had me write that check. I had never even seen a check that big of a month before I think really had an impact on me. And I saw like the power of the real estate that he had and how he used the equity to further advance his investments. So that was the biggest aha moment for me.   Jesse (8m 4s): Yeah. And you kind of got the, I mean, learning by osmosis by you actually doing it, but it's kind of like, I, at least I see it as there's that psychological barrier for a lot of people, as you know, with, with our industry, but you basically being the proxy, they're signing the check for him that I've, I probably broke down some psychological barriers about who can or can't buy real estate at that scale.   Ashley (8m 26s): Yeah, definitely. And even he had me do all of his financing. So anytime he went and got loans, I was in charge of that. I did all that. I worked with banks and that also helped me build a network of loan officers too, because I was super diligent about being timely in responding to loan officers, getting them what they wanted and working with them. And they liked that working relationship. And so when I started investing myself, I had a lot of loan officers that were very eager to work with me because they knew that I would provide to them what they needed to make the loan work.   Jesse (9m 2s): Yeah. Attention to detail and, and staying on top of them that didn't know traits that would explain or describe a CPA there. Yeah. So in terms of you, you pivoting to, or moving on to saying here's an opportunity that you think that you and this investor that you worked with that would purchase it, how did that property come along? What was that deal like?   Ashley (9m 24s): So I started talking to my, the investor son, just putting a little bug in his ear. Like, I think we should do this. And actually the first property that I found, I sent it to him. I said, I think this is the one we should buy. And we went and looked at it and we put an offer. It was accepted. And so he brought the money, he had savings that was going to be the cash offer on the property and how we structured. It was, we became 50 50. So I would do the property management, manage the remodel and do all the leasing.   And then he was the money guy. But also what we did was to make it less risky for him. He also received a monthly principal and interest payment every month. So he was making five and a half percent on his money. It was amortized over 15 years. And then he was getting 50% of the equity in the property and 50% of the cashflow and the property too. So it was a very, I guess, a good offer for him because it was less risky because he was tied into it so much in getting all this benefit from it.   And for me, it was just a way for me to get started, look like right now, I would never do that deal with anyone, but looking back like that got me started. And I I'm super grateful   Jesse (10m 43s): For that. And was that a, was that a local deal?   Ashley (10m 47s): Yeah, so it was in the same town where I was managing the, the apartment complexes and we stuck in that town for, I think our first three deals. And then for our fourth one, we ended up venturing into the city more and then starting to spread out.   Jesse (11m 2s): So in terms of you, you started in this, this duplex, you said for this first deal, and now, you know, just kind of touching on that. That's not a deal you would do now, but how has that growth to the second deal? Was it, was it zero to one or was it one to 10? Like how did, what was the type of deal that you did after that? Duplex,   Ashley (11m 21s): After the duplex was another duplex and it was actually on the same street, just a couple houses down and it went up for sale and my partner ended up putting a line of credit on his house and that's how we, we use that money to purchase the second one. And then we ended up doing a portfolio loan, putting a mortgage on both of them pulling the cash out of them. And that's how we purchased our third home right around the corner too. So we bought three just within a couple blocks of each other.   Jesse (11m 49s): Very cool. So in terms of over the, I guess now, well it's seven years, a little bit, almost eight over that process. You've, you've obviously ventured out to other areas in commercial real estate. Well, what was that process like? It was, there was this, it sounds like at the beginning, at least it was a gradual thing, but was there another, whether you call it a hot moment or was there a big leap in saying, okay, I'm going to, I'm going to try my hand at this, you know, this asset class or moving out into larger deals.   Ashley (12m 18s): Yeah. At first I was very focused on duplexes, small multifamily. The largest I bought in the beginning was a six unit. And then the smallest was a duplex. And I, I was really focused on that and I really became very confident and comfortable purchasing in my market on those properties. So a lot of people ask if I still consider myself a rookie, if I'm purchasing a small multifamily my market. No, I don't. I think I'm very experienced in that. Any other kind of investing? Yes, definitely in that.   So I, I stuck with that and then I ended up just having this opportunity to buy this mixed use commercial building and the investor that I worked for. He owned a liquor store and I saw the power of his liquor store and just the uniqueness of it. And it could be a cash cow and just kind of diversify your portfolio. And so I ended up buying my first commercial building, where I put the, the liquor store in that building. And that was my first kind of different strategy than I went after since then.   So that building finished in 2020, we opened up the liquor store in November, 2020, since then I have been like all over the place, especially hosting a podcast is so bad for my shiny object syndrome because I hear all these things that are like, I just want to do that. They're like sounds awesome. All these different things. So I spent a lot of time going after self storage, mobile home parks and campgrounds. And I recently went to four conferences back to back and I finally have realized that I'm going to focus on campgrounds.   I do have a mobile home park under contract, which I'm going to continue with that. It's a sweet deal. I did have a self storage under contract, but it fell through because the seller wouldn't do a phase two environmental study. Yeah. So the phase one recommended it and the owner said no. So I falling out of contract on that one. And then I'm working on getting a campground under contract now. But I think my big aha moment as to why I was focusing on campgrounds is I had a couple of people talk to me during the conference and really like point out to me what I'm struggling with.   And point out facts, such as look at all the successful investors I'm friends with. He said, look at your network. Are all of them going after like three big asset classes right now? And the answer was no, they're all focused on one. Maybe they started out focused on something like I started out focused multifamily, but then now I'm pivoting. I have that down. I have that strategy, you know, set it's running smoothly and now I can pivot on onto something else, but you don't see these experienced successful investors going after three or four large strategies at once and seeing what will work.   And then the second aha moment for me was I was telling somebody about this campground that I was offering on. And he was like, that's, that's it. And I was like, what are you talking about? I know I want to offer. And he's like, no, that's what you're excited about. He was like, you just spewed off so many different random facts and stats and all this stuff. When you've talked about self storage, your mobile home park, it's just like, oh yeah, I got a mobile home park under contract. Like you don't have that excitement. So that was a big aha moment for me too, was that I'm actually excited about investing in campus.   Jesse (15m 39s): So leading up to campgrounds, which I want to talk about because we, we don't, I don't think we've ever really gone into detail at all on the show, in terms of that process, that takes you from the first few investments to where you're doing these, you know, more commercial side of the business deals. How, how did that develop from the team point of view in terms of networking with other people or having other people influence the decisions you made for those future properties?   Ashley (16m 6s): Yeah. So up until this mobile home park that I have on our contract, I had never paid more than $152,000 on a property. And that was my sixth unit. Everything else had been below that. So my mobile home park is $750,000. That is a huge like jump for me. And that was like a huge mindset shift for me to get over that hurdle because I'd never even spent close to that amount of money or looked for that amount of money.   I've always done well with creative financing and finding money, but to find that much money was like, like nerve wracking. But I spent the last year and probably if you would have talked to me two months ago, I wouldn't even have realized this yet, but I spent the last year doing so much networking. There's a group of people. It next month will be our sixth time meeting up for various events or different things. And I think just talking with them, seeing what they're doing has really kind of helped me eliminate a lot of my limited mindset and knowing that I can achieve these things, I am capable of doing this.   And if I work hard enough, I'm going to find a way I'm not going to give up. And so that definitely helped just seeing what these other people are doing. I even had a James Dainer and he's an investor from Seattle and he runs a very successful company. He endangered, he actually let me come and job shadow him for three days. And I just got to like, see the inner workings of his mind. I got to sit in in all his meetings and that was so awesome. And it's such a cool opportunity. So if anyone is trying to, like, you feel stuck, reach out to people in your network and just go and watch what they're doing and see it.   And it's, it's definitely motivating. I get so pumped up after I surround myself with other investors.   Jesse (17m 59s): Yeah, for sure. And I mean it to the conferences or, you know, speaking with other like-minded individuals, even at, at BB con when we were in new Orleans, it is I think a relative thing where people, I hope that when listeners hear, you know, $20 million, $40 million deal it's, there is that aspect of like, it is relative. There was a, there was a point where, you know, somebody jumping from a million to $5 million or 100,000 to 500,000 or less is, you know, for that person, it's five times what they've done before 10 times, what they've done before.   But I feel like once you do that enough times, you get that aspect of, oh, wait a minute. It really is that the concepts are the same. The deals are bigger, right?   Ashley (18m 40s): 'cause, you're getting like the same ratio of compare, like your, your rental income to the purchase price. Like if that ratio is still the same, who cares if it's a hundred thousand dollars property or, you know, a $1 million property, I guess. Yeah.   Jesse (18m 55s): I find the way I conceptualize the moving from, you know, your first property or second property, not really, I guess more so when you move from certain size of properties, to me, there's a category of one you can continue to bootstrap and then another, you have to raise external capital. Right. And, and what that inflection point is, is going to be different on the individual, right. You know, if you're one or two individuals, there's a certain level where you cannot afford to purchase that property, unless you create a structure where you're raising capital.   And I'm curious for yourself that 700,000, you mentioned creative financing. Did you underwrite it from a pure debt point of view and put in your own capital, or was that something where you had to create a vehicle where you were raising capital?   Ashley (19m 41s): So I spent all my money on real estate. So I have no money. I actually did two offers to the seller. I did one where I'd go and just get a commercial loan to purchase the property. And then I did one at seller financing and I did the seller financing at his asking price. And I said, you know, I'm willing to negotiate on terms. And he told me, I knew $2,500 a month. So I took, and I amortized the loan over 25 years at three and a half percent.   And that came out to $2,500 a month. And so I got a nice interest rate, a long-term loan, and then he needed, he's actually, he lives on the property. So he's actually moving off the property and he's building a house. So he needed some money for that to build the house. So I am putting some money down on the property, but I actually sold a property. And that's, what's going to fund that down payment.   Jesse (20m 41s): There you go. So that's creative. It's funny, you mentioned that one deal that didn't go through because you had the phase two environmental where, you know, there are all these strategies that you can use where we have a property right now that we have contamination on it. And it's really a matter of, of remediation. And part of their creative strategy, most likely will be a purchaser that comes along where we have to do, you know, a short seller financing or VTB on it to get it, you know, get the environmental assessment. But again, like, it's really just a matter of thinking outside of the box. And I'm sure you, as an accountant, you're like, okay, 2,500, we'll figure out what numbers those need to be to make that payment happen.   Ashley (21m 17s): Yeah. As soon as he said that, I got like excited inside and I was like my smile and be like, okay, well, how about if we did it this?   Jesse (21m 27s): So if we were to pivot to the campgrounds, this is something that, I mean, I don't know a lot about, I know we had Brandon on talking more about, you know, mobile, mobile home parks seem to continue to be the trend. Obviously multifamily is on fire, but yeah, for, for a complete newbie campgrounds, how did you come across them? And, and why do you get so excited when you, when you, when you're talking about?   Ashley (21m 54s): So I actually came across this campground that was close to me for sale. It was actually on LoopNet. And I found that the day was listen, I got to be the first person to go and see it. And the older gentleman that owned it, he took me through the whole property, along with my broker. And just like, I could see so much value add and all these different revenue streams just popping out at me. And so that's what really got my interest. And like, my family had cam when we were younger, my parents still have an RV.   We have like family land that we turned into, like a private campground, I guess. But so I have some experience in that and I love the outdoors and camping, all these different things, but just walking through that property and seeing the potential, like just even Wade whacking, the property was going to add so much value. The basketball net had like rocks or something, like holding it down and I wasn't even faced the right way. And just like all these things just super easy improvements could increase the value of it.   The second thing that really enticed me about that property was that there, I think there was 164 sites and about 120 of those were seasonal. So people came in in the spring and this was in Buffalo. So campgrounds are closed in the winter, but they came in, in the spring, left their camper there, they paid a seasonal rate. And then they came and picked up in the fall. And that really limits the daily check-in checkout, which I kind of liked that model a lot more because I'd like to stay away from as much operation as possible. So I offered on that property.   Hannah was like my biggest offer after it was 1.4 million and they were asking 1.5 and they had me go through, I was getting bank financing on that. And they had me go through a bunch of hurdles, like sending them so much stock to make sure I was really a qualified buyer. And then they ended up getting an offer from a capital group out of Los Angeles that beat me out. They did offer 1.5 million and they ended up getting it, but it made like the Buffalo news and stuff that this campground was, they stopped taking stop doing showings because there was two competitive offers from a capital group in Los Angeles and local investor, which is me, but that was like, so he got the bug there.   And then I realized like after I lost that on it, like, wow, I was actually, I really enjoyed that. So I started looking a little bit more and reading about different revenue streams. I got a couple of people on the podcast, the real estate Wiki podcast too, who are investing in campgrounds and one that wanted to start investing, but had done a ton of research, had them on the podcast so I can learn some more. And so then from there I found another one and I'm currently trying to get one under contract now.   And I just did a, an episode on the bigger pockets, real estate podcast with David Green. And I mentioned on there that I'm looking for campgrounds and that was released yesterday and already today. I have so many people sending me deals. So anybody else   Jesse (25m 4s): I'm sure. Yeah. It's a, it's a great, you know, selfish or symbiotic. I don't know you want to call it, but where we can, we can have people, we can have guests on we're. I mean, the value, hopefully we're giving is we're, we're getting it in return from having the guest on. And obviously listeners just hearing a boat, like I would never have thought a campgrounds. Now I'm going to look into what's the, what's the Canadian market, like in campgrounds. Just curious. I'm curious though, from the, from the perspective of you come across this, this, this camp brown, you start seeing all the different revenue, potential revenue, streams, the underwriting for a campground obviously, or maybe not obviously, but from my perception, it seems like you're buying a bit more of an operational business.   It's not as much pure real estate, but when you're underwriting it, are you looking at it as a, you know, as somewhat similar to a cap rate, like you're looking at the yields annually, are you looking at which companies that you would need to employ to, to manage the thing? W what did that look like for you being, especially being an accountant where it seems like those types of things would be at the top of the list for you?   Ashley (26m 11s): Yeah. So actually what I did at first was I AIG Osborn had, he has an available a self storage deal analysis calculator. I actually took that. And I use that for that first property that I put an offer in. And I tailored that to like, okay, so he has, you know, the size of the storage units. How many of those units do they have? And then what's the, you know, the monthly rate for that. And I just like, changed it. Okay. There is, you know, 50 full RV hookup sites.   There's maybe 50 with only electric or something. And I just tailored it to kind of fit a campground. So I've been actually working on that because there is not really a template or a calculator to analyze a campground because they're so different. Each one is so unique with what they have to offer and what are those different revenue streams. That's also what entices me, because there's so much different ways you can generate revenue off of a campground.   So for the deal analysis, it's really been, so I'm only offering on my second one, I've analyzed maybe four or five in total now. And I just, I have to completely almost redo the spreadsheet every single time, because they're going to have different expenses. They're going to have a different income streams. So I really just start by making a list of what I think the revenue is. It can generate. And then I'm pulling comps. I'm looking at websites of other RV parks in the area.   And I'm like, okay, what is their daily rate? What's their seasonal rate. A lot of times it even says what they charge for different things. So like one campground had a zip line and ATVs or whatever, and you'd pay like $25 for a day pass, use the activities. Okay, well, I could do that online, and this is what I could charge. So pulling comps on the campgrounds, because that's going to be your competition. People are going to look at what's around, especially the seasonal, because seasonal campers usually don't live that far from where they're parking their camper, usually within an hour, because they're going there on weekends, you know, the days off or even just for a night sometimes, and then commuting bathroom work, blackout work.   The one that I had offered on first at the Mo the owner said, the majority of people there lived within 30 minutes of where they were keeping their campsite. So if they're looking in that area, that's definitely going to be, your competition is looking right there and see what amenities they have, and then kind of figure out the price. It's almost like a, how an appraiser does an appraisal, those do the bedroom, count the bathrooms and then compares them and like, okay, this is the average, this is what I can put that value to that property.   Jesse (29m 4s): It's almost like how many things can we unitize and figure out what those, what those costs are or income is in terms of the, as a complete outsider in this, in this sector. Is there a case for campgrounds? Like, are there situations where the campground you can purchase the business itself, but not the real estate? Or are those always kind of co-mingled   Ashley (29m 28s): No, you definitely can where you do like a land contract, but that would be something that I'm not interested in at all. I like the idea of owning the property. And I joked when I went this recent one I'm offering, I joke that in 10 years, I'm going to pay it off. I'm going to kick everybody out and I'm just going to build my dream house live there.   Jesse (29m 50s): So actually we were on one of the panels that we had in, at the conference we were talking about, well, it was, it was a question for a couple of us on the panel and it was talking about the regulatory environment. And I thought, it'd be interesting to ask you because New York state, I think is probably of all the states, it's probably has a little bit more of regulatory kind of work to get through from a landlord tenant perspective. How, how have you looked at real estate or how has that impacted how you look at real estate, especially in your, in your state?   Ashley (30m 23s): Yeah, so it's definitely not a landlord friendly state, New York by all means. So everything really changed for the worse in June of 2019. And even now just with COVID the, the regulations they put on, on evictions and everything like that has been awful to deal with and what tenants can get away with. And it definitely has deterred me from wanting to keep building a portfolio here. I think that I do have a nice sized portfolio.   And if I, which I do think I will continue doing a bunch of burgers is I'll, I'll go out of state and kind of diversify in different markets. Maybe do a couple here a year still, just because it's so easy for me. Cause I know the market and I know the properties and I get a lot of deals sent to me. But yeah, we, we were lucky. We didn't have too many people that didn't pay during COVID, but there's one person that hasn't paid since COVID and we can't evict them.   We can't do anything. So I was very thankful that I gave up property management before COVID hit, because I wouldn't be bald ripping my hair out even more. So that was nice. But yeah, I, I think that if you are investing on state, don't come to me here.   Jesse (31m 46s): Yeah. Yeah. I think there's a, there's definitely a different, I mean, we're, we're very, I think our whole country safer for Alberta is, is a challenging regulatory environment. I think rent stabilization and rent control. We had a professor actually from New York city from NYU that was talking about the history of rent control and rent stabilization in New York state and then across the country. But I think for us, I'm not sure if it's the same for you, but basically we have a certain amount that we can raise every year. And they're really the only time you can raise above that is when a new tenant comes in.   I'm not sure if it's the same kind of,   Ashley (32m 20s): Yeah, we don't have that like outside of Buffalo, cause that's more like New York city, but for us, the biggest thing is like in June when all of the, the laws kind of changed and they just changed so drastically. So it used to be a three-day notice before you could file a petition for eviction, but then it changed to a 10 day notice and then it just like made the whole eviction process a lot longer, the different rules and regulations they put in and just a lot easier for tenants to get away without paying rent just a lot more loopholes and things like that.   Jesse (32m 56s): Yeah, absolutely. I think one very like a stark difference between let's just use Buffalo, for example, compared to say our market in Toronto or I mean you could go LA you could go, Boston, Buffalo has been a very, I think yields centric type of market where you, the cap rates that you can achieve around your area, probably a lot higher than the cap rates we can achieve in our area. But I think that has been at the expense of potential equity growth. So how do you look at, at that when you are doing your underwriting and just generally your philosophy of, of that trade-off between, you know, potential income as opposed to value?   Ashley (33m 36s): Yeah, so like one thing is the 50% rule in the 1% rule. So the 1% rule says that the per your, the rent that you're charging each month is 1% of the purchase price. I can hit that all day long. What I can't hit is the 50% rule where 50% of your expenses are 50% of the monthly income because the property taxes are so high too. So that's like a, not even the, the laws at all, just property taxes are so high here too. So that's been kind of another reason for me to want to go out of state for my rental portfolio, because if I buy this $20,000 property, I can pay that off very quickly or just pay for that in cash.   But I'm still paying those properties taxes every single year. And those, I just sold a property that the property, it was 20,000. I had bought it for and the property taxes were about three grand a year on it. And, but I could go upstate and I could pay maybe, you know, 50, 60,000 for that same house, but only pay a thousand dollars in property taxes. And once that property is paid off, it's only a thousand that I'm paying every year instead of 3000. So that I would say is even more of a factor to me than the, the landlord tenant laws, even.   Jesse (34m 54s): Yeah. It's funny that we would be the inverse of that. The 1% is almost impossible if not impossible, but the 50%, which is, you know, for listers, like you have a, your, whatever your expense ratio is, that's really, really what it is, you know, as a percentage. So us, I think 30 to 40% is pretty, pretty normal. It, unless it's brand new and then you can get a little bit lower, but yeah, I didn't, you know, and I didn't even think of that from a property tax perspective. That's really, I always, I, when you mentioned that, I thought it would have just been just expenses in general, not necessarily property tax.   Ashley (35m 26s): Yeah. It's, it's definitely the property tax, but we actually in Erie county, which is the county that's in Buffalo and, or surrounds it, they actually have an Excel sheet that they, every year that they just put on the county website that tells you each town and what the tax rate is for those towns. And then it compares it for you. It says, okay, if you buy a hundred thousand dollar house, this is what your taxes would be on that property. And you can go through and see, and it shows, breaks it down from like town and county.   And then if there's a village to village tax and then school tax. So what you can do is you can go through there and say, okay, these are the desirable school districts. Well, what towns border that, where you're paying that low town and county tax, but you're getting into that school district because of that little bit of overlapping. So if you guys, and anybody wants to go and look search your county, I'm sure they probably do this too. If your county does and look at that and you can see what towns have the lowest tax rate tax rates.   So the last house that I, I just did a flip and that house had super, super low property taxes. It was in a small little town and the reason it had low property taxes was because there was like a garbage dump in the area landfill. And they pay the majority of the property taxes. Well, this property was like right on the edge of the border where you're not getting any smell from the landfill. And so it was kind of like an opportunity because you get that, you know, I, that property, I also purchased for 20,000, but instead of 3000 and proper Texas, it was only $850 a year in property taxes.   Just show the difference. Yeah.   Jesse (37m 12s): Yeah. I think that's, I mean, it's pretty amazing. Like you can have properties within, you know, 45 minutes an hour from each other and just have such a drastic price difference when it comes to property tax Ashley, in terms of the way that you're looking at the market right now, and fingers crossed, hopefully we're coming out of this thing, you know, in, in the right direction, when it comes to the lockdowns and restrictions, what is, where do you see opportunities over the next few years? You know, what's, what's kind of got your interest aside, you know, aside from, from the, what we've discussed here, but what are you excited about?   Ashley (37m 47s): Well, I guess, you know, I'm trying to stay away from that shiny object centers. Talking about teenagers is bad for me, but I think there'll be a opportunity for businesses. So going after businesses that maybe are sick of the COVID regulations, or maybe they did fall behind and during COVID and they just haven't been able to catch up. So I think there'll be opportunity there. So some of the businesses I'd be interested in are not really going to be ones that were impacted by COVID, but were actually empowered by COVID.   So they actually did better. So that would be like liquor stores, which I got one of those. And unfortunately we didn't get our like liquor license until basically the shutdown was kind of over, but looking at the kind of businesses that can survive COVID I think really piques my interest that if there was another shutdown or something like that happening again, that these businesses were thriving and they still do successful anyways, even when there isn't a shutdown.   So that was like a liquor store was a big one for me. And then I also like the idea of a laundry mat or a carwash, just the, the, the ease of the cash cow from those. And then I do have some experience managing a laundromat for that, that other owner. So yeah, those are any other business opportunities   Jesse (39m 18s): Working with that. Gentlemen is the gift that keeps on giving we've. We've looked at laundromats as well. It's just one of those compelling things that even without buying the real estate there, there still is a compelling case. If you can obviously do both. That's great. But I like your point in terms of businesses that have been resilient. I mean, we've seen in our own market, you know, whether it's technology, medical, technology companies, ghost kitchens, just companies that you didn't, you couldn't foresee how much, how explosive their growth would be prior to the pandemic, obviously for, you know, nobody has a crystal ball, but that that's, we do see those companies, a big driver of, of real estate at least locally here.   And I'm sure it's, it's the case where you are.   Ashley (39m 60s): Yeah. And even with auto dealerships. So I've been in because of the same investor I've been in the auto dealership industry and they are making more money now because of the shortage of cars. So every car that they're selling, it's getting selled at invoice or above because there's no cars available because all the chips and all the parts are stuck on a ship waiting to come into the us. But they they've said that they sold they're making as much as they did, but they're selling half of what they sold before.   COVID. So they're doing less work, making the same amount of money. So it's been almost beneficial to them to, I mean, there's definitely was some hardships, especially during the shutdown and things like that, but there's the PPP programs that I think helped a lot of, of businesses. So it's very interesting to see what businesses actually have benefited from COVID and have done better.   Jesse (40m 57s): Yeah. I couldn't agree more. Well, actually, I want to be respectful of your time here. There's four questions that we ask every guest that comes on the show. So before we kind of get on how people can reach out to you, if you're game for those all, I'll start them off. What's something that, you know, now it could be in your real estate or career in general that you wish you knew when you were starting out.   Ashley (41m 19s): So, one thing that I did not know was that you could go and get a loan for an investment property. I thought you had to make a cash, but you had to buy it in cash because that's how that other investor had purchased all of his properties. So I wish that I would have known that there was other options to me then just taking on a partner and I could have explored that. And not that I, you know, made a bad decision or anything like that, but I wish I wouldn't have had that limited mindset of that. You could only buy a property in cash, and I didn't even realize creative financing and all the different ways to purchase property until I actually found bigger pockets in 2017.   So that was three years later. And then I tripled my portfolio in a year and a half after just digging into the forums and learning all these different ways, you know, seller financing and private money, all these different things.   Jesse (42m 13s): Yeah. Just, just all the different resources. The next question is, you know what, since you were on a panel for women in real estate, maybe we'll, I'll kind of tweak the question a little bit. Typically we'll ask, you know, your view, what would you give as a recommendation to younger people coming into our industry, your view on mentorship, but why don't we say from a, especially from a female point of view, younger women coming into our industry, you know, what would be your advice to them? And, and just generally, and mentorship,   Ashley (42m 41s): I think that there are some women out there who think that they are at a disadvantage being a woman in real estate, because there's so many men doing it. Don't look at it like that. It is an opportunity and it is an advantage. You are going to stand out because you are a woman. If you go and look at a property with a broker, do you think he's going to remember the 20 other men that have looked at it and know he's going to remember that one woman that came, that you know, is investing in properties.   I think there's a lot of doubts and that, you know, you're going to get scammed by contractors because you're a woman, you know, don't know what you're doing. And that's also an advantage. You know, if a contractor is going to try and scam you, because you're a woman who's going to do it right off the bat. So if he's talking down to you or things like that, then you know, not to hire him or if it's a guy and the contractor is like, okay, he probably knows what he's doing. I'm going to scan them at them or something.   But I, I think use it to your advantage. And it's an opportunity. And if you feel like, because you are a woman that you are not being taken seriously, then you're talking to the wrong people. You're talking to the wrong person because I have more friends in real estate that are men than women and not a single one of them has ever talked down to me or made me feel like I don't belong. That it's a boys club at all. If anything, I feel like I've been more welcomed because I am a woman.   There's a million other men doing what I'm doing, but there's not as many women. So it's given me an opportunity, a like up and I think take advantage of that   Jesse (44m 25s): Great advice. Okay. Is there a resource, a podcast or book that you'd like, let listeners know about that you're listening to reading   Ashley (44m 36s): The real estate rookie puck.   Jesse (44m 41s): Yeah. As well.   Ashley (44m 44s): Yeah. If there is actually a book that I love and I think that anybody who's in business or the real estate or any other business should read this because no matter what, you're going to be dealing with people, and it's a hug your haters by Jay Baer. And it's a customer service based book. And basically it talks about like, if you received negative feedback or criticism, how to deal with that, and also how to kill people with kindness. So if you are a wholesaler and you're getting, you know, sellers that are, you know, or you know, how to work with them.   And so I, it's a, it's a great read. I, it's probably the, one of the, probably the only book that I've scribbled in that much before and like taken notes and highlighted things. And so   Jesse (45m 32s): That's great that I think that's the first on the show. I've never heard of it. We'll put a link up to that as well. Awesome. All right. My favorite question, first car, make and model.   Ashley (45m 42s): It was a green Bonneville. I don't even want the makeup upon GMC or Chevy or something, but That's basically about think of a vote.   Jesse (45m 57s): Yeah, just, just in a, in a what's it called in Buffalo with a PO thing. It's Pontiac. Pontiac Bonneville. Yeah. Awesome. Awesome. Well, Ashley, for, for people that like to kind of find out what you're doing online, like I said, you have great, great presence on, on Instagram and other platforms were where's the best bless area for people to reach out.   Ashley (46m 19s): It will be on Instagram app wealth from rentals. And then we also have a real estate rookie, a YouTube channel, and then a real estate rookie, a Facebook page. You guys just searched those.   Jesse (46m 32s): My guest today has been Ashley Kurt, Ashley, thank you for being part of working capital.   Ashley (46m 36s): Thank you so much for having me.   Jesse (46m 45s): Thank you so much for listening to working capital the real estate podcast. I'm your host, Jesse for galley. If you liked the episode, head on to iTunes and leave us a five-star review and share on social media, it really helps us out. If you have any questions, feel free to reach out to me on Instagram, Jesse for galley, F R a G a L E, have a good one. Take care.

We'd all like to imagine that Ashley Kehr and Tony Robinson are perfect investors. They do perfect deals, have a perfect team, and everything runs smoothly in their lives. While they are two phenomenal investors, they still face the challenges that most entrepreneurs and real estate investors also face off-camera.From shiny object syndrome to letting go of the entrepreneurial reigns, Tony and Ashley squeeze in a lot into this Rookie Reply. If you feel like you've been getting bored on your journey or simply are too anxious to take the next step, remember that Tony and Ashley have felt the same way.If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowReal Estate Rookie Rookie Facebook GroupReal Estate Rookie Youtube ChannelAirbnbAlpha Geek CapitalBiggerPockets Rookie BootcampBiggerPockets Rookie Episode 125Check the full show notes here: https://www.biggerpockets.com/rookie124See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The hosts look and sound a little different today. There are no beards and we haven't heard one metaphor containing jiu-jitsu lingo... That's because Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast have taken over the BiggerPockets Real Estate Podcast! Ashley and Tony regularly talk about how rookies can get their first (or next) deal, but today they're combining expertise to talk about something more controversial: rental arbitrage.Rental arbitrage is a form of subletting that allows long-term tenants to make massive cash flow off of short-term rentals. Someone who's done this to an extreme is Rafael Loza. Rafael was working the night shift as his W2 job when he found out about short-term rental arbitrage. He sat on the idea for a few months, but ultimately tried out the concept on an apartment. This one apartment took home a massive profit, allowing him to quit his job and scale to fourteen units in just nine months.Now, Rafael has twenty-four active units, all grossing thousands of dollars a month in rent for him. Back in March of 2020, Rafael was projected to bring in forty-seven thousand dollars in revenue in one month alone. But, the pandemic hit, forcing him to pivot, switch strategies, and take advantage of the flourishing short-term rental market. He has his sights set on ownership, but now he's simply raking in the short-term stacks.In This Episode We Cover:Rental arbitrage and why it's a low-cost way to get into real estate investingShort-term cash flow vs long-term appreciation and combining the twoThe startup costs it takes to create an arbitrage empireHow to pitch landlords on using their properties for short-term rentalsNegotiating leases and adding a subletting clause to any lease you undertakePivoting when your business hits a wall and combing back strongerAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon Turner's InstagramTony's InstagramAshley's InstagramReal Estate Rookie Youtube ChannelAirbnbVrboThe Real Estate Rookie PodcastClubhouseCheck the full show notes here: https://biggerpockets.com/show520See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

You may know Ashley Kehr from the Real Estate Rookie Podcast, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to owning thirty-three long-term rentals, a short-term arbitrage property, two commercial units, and one mobile home park. Quite a diverse portfolio!What makes this even more impressive is that Ashley wasn't coming into real estate with boatloads of cash. In fact, she and her husband have never collectively made more than six figures from their W2 jobs. So how does someone with a median income generate such a massive amount of cash flow, appreciation, and time freedom?Ashley discusses the five fundamentals of real estate investing that led her to seven-figure net worth. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If you're ready to supercharge your investing and go from rookie to rockstar, commit to the game plan Ashley has laid out!In This Episode We Cover:How to invest in real estate while making a median income Diversifying your portfolio so you have multiple exit strategies and streams of incomeWhy every investor needs to “become a rookie all over again”Using creative financing to structure deals that benefit the buyer and sellerLeveraging partnerships to find cash, divvy up responsibilities, and purchase more real estateOwning a business and learning the skills that every leader needs to succeedAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets PublishingBiggerPockets BookstoreReal Estate Rookie Youtube ChannelReal Estate Rookie FaceBook GroupBiggerPockets Rookie PodcastTony's InstagramBrandon's InstagramDavid's InstagramReal Estate Rookie BootcampBiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley KehrBiggerPockets Podcast 500: Robert Kiyosaki: America's ‘Rich Dad' Sees a Real Estate Crash ComingClick here to check the full show notes: https://www.biggerpockets.com/show519See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.On this live episode, your BiggerPockets Money host, Scott Trench, is joined by Brandon Turner and David Greene, hosts of the BiggerPockets Podcast, Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round. If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!In This Episode We CoverWhat's ‘firing up' the hosts of the BiggerPockets Podcast Network?What investors can do in today's market to ensure wealth tomorrowFuture trends that allow investors to profitably pivot How BPCon helps connect investors, reshape ideas, and build wealthHow do you vet partners before you go in on a deal with them?The top characteristics that contribute to your success as an investor Why you should definitely be at BPCon 2022 And So Much More!Links from the Show:NPR (National Public Radio)Kevin Leahy's BiggerPockets ProfileMark Ferguson's InvestFourMoreWendy Papasan's LinkedIn ProfileNoah Evans's LinkedIn ProfileRickey Rodriguez's BiggerPockets ProfileYour First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First DealJoe Asamoah's BiggerPockets Author ProfileAJ Osborne's Personal WebsiteSteve Rozenberg's BiggerPockets ProfileInvestHer's Partnership Question GuideMeetupHal Elrod's Personal WebsiteDave Ramsey's Personal WebsiteCashflow The Board GameMatt Faircloth's BiggerPockets Author ProfileBiggerPockets CalculatorsThe Real Estate InvestHER CommunitySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more. On this live episode, your hosts, Liz Faircloth and Andresa Guidelli, are joined by Brandon Turner and David Greene, hosts of the BiggerPockets Podcast, Scott Trench, host of the BiggerPockets Money Podcast, and Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, plus special guest Esther, who has a widely impressive portfolio herself. You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round.  If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year! In This Episode We Cover What's ‘firing up' the hosts of the BiggerPockets Podcast Network? What investors can do in today's market to ensure wealth tomorrow Future trends that allow investors to profitably pivot  How BPCon helps connect investors, reshape ideas, and build wealth How do you vet partners before you go in on a deal with them? The top characteristics that contribute to your success as an investor  Why you should definitely be at BPCon 2022  And So Much More! Links from the Show NPR (National Public Radio) Kevin Leahy's BiggerPockets Profile Mark Ferguson's InvestFourMore Wendy Papasan's LinkedIn Profile Noah Evans's LinkedIn Profile Rickey Rodriguez's BiggerPockets Profile Your First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First Deal Joe Asamoah's BiggerPockets Author Profile AJ Osborne's Personal Website Steve Rozenberg's BiggerPockets Profile InvestHer's Partnership Question Guide Meetup Hal Elrod's Personal Website Dave Ramsey's Personal Website Cashflow The Board Game Matt Faircloth's BiggerPockets Author Profile BiggerPockets Calculators The Real Estate InvestHER Community Connect with the BiggerPockets Hosts: BiggerPockets Real Estate Podcast Listen to the BiggerPockets Podcast Brandon's BiggerPockets Profile David's BiggerPockets Profile BiggerPockets Money Podcast Listen to the BiggerPockets Money Podcast Scott's BiggerPockets Profile Mindy's BiggerPockets Profile Real Estate Rookie Podcast Listen to the Real Estate Rookie Podcast Tony's BiggerPockets Profile Ashley's BiggerPockets Profile InvestHER Podcast Listen to the Real Estate InvestHER Podcast Andresa's BiggerPockets profile Liz's BiggerPockets profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.On this live episode, your hosts, Ashley Kehr and Tony Robinson, are joined by Brandon Turner and David Greene, hosts of the BiggerPockets Podcast, Scott Trench, host of the BiggerPockets Money Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round. If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!In This Episode We CoverWhat's ‘firing up' the hosts of the BiggerPockets Podcast Network?What investors can do in today's market to ensure wealth tomorrowFuture trends that allow investors to profitably pivot How BPCon helps connect investors, reshape ideas, and build wealthHow to vet partners before you go in on a deal with themThe top characteristics that contribute to your success as an investor Why you should definitely be at BPCon 2022 And So Much More!Links from the ShowNPR (National Public Radio)Kevin Leahy's BiggerPockets ProfileMark Ferguson's InvestFourMoreWendy Papasan's LinkedIn ProfileNoah Evans's LinkedIn ProfileRickey Rodriguez's BiggerPockets ProfileYour First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First DealJoe Asamoah's BiggerPockets Author ProfileAJ Osborne's Personal WebsiteSteve Rozenberg's BiggerPockets ProfileInvestHer's Partnership Question GuideMeetupHal Elrod's Personal WebsiteDave Ramsey's Personal WebsiteCashflow The Board GameMatt Faircloth's BiggerPockets Author ProfileBiggerPockets CalculatorsThe Real Estate InvestHER CommunityConnect with the BiggerPockets Hosts:BiggerPockets Real Estate PodcastListen to the BiggerPockets PodcastBrandon's BiggerPockets ProfileDavid's BiggerPockets ProfileBiggerPockets Money PodcastListen to the BiggerPockets Money PodcastScott's BiggerPockets ProfileMindy's BiggerPockets ProfileReal Estate Rookie PodcastListen to the Real Estate Rookie PodcastTony's BiggerPockets ProfileAshley's BiggerPockets ProfileInvestHER PodcastListen to the Real Estate InvestHER PodcastAndresa's BiggerPockets profileLiz's BiggerPockets profileSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.On this live episode, your hosts, Brandon and David, are joined by Scott Trench, host of the BiggerPockets Money Podcast, Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round.If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!In This Episode We Cover:What's ‘firing up' the hosts of the BiggerPockets Podcast Network?What investors can do in today's market to ensure wealth tomorrowFuture trends that allow investors to profitably pivotHow BPCon helps connect investors, reshape ideas, and build wealthHow to vet partners before you go in on a deal with themThe top characteristics that contribute to your success as an investor Why you should definitely be at BPCon 2022 And So Much More!Links from the Show:NPR (National Public Radio)Kevin Leahy's BiggerPockets ProfileMark Ferguson's InvestFourMoreWendy Papasan's LinkedIn ProfileNoah Evans's LinkedIn ProfileRickey Rodriguez's BiggerPockets ProfileYour First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First DealJoe Asamoah's BiggerPockets Author ProfileAJ Osborne's Personal WebsiteSteve Rozenberg's BiggerPockets ProfileInvestHer's Partnership Question GuideMeetupHal Elrod's Personal WebsiteDave Ramsey's Personal WebsiteCashflow The Board GameMatt Faircloth's BiggerPockets Author ProfileBiggerPockets CalculatorsThe Real Estate InvestHER CommunityCheck the full show notes here: https://biggerpockets.com/show518See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.On this live episode, your hosts, Liz Faircloth and Andresa Guidelli, are joined by Brandon Turner and David Greene, hosts of the BiggerPockets Podcast, Scott Trench, host of the BiggerPockets Money Podcast, and Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, plus special guest Esther, who has a widely impressive portfolio herself.You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round. If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!In This Episode We CoverWhat's ‘firing up' the hosts of the BiggerPockets Podcast Network?What investors can do in today's market to ensure wealth tomorrowFuture trends that allow investors to profitably pivot How BPCon helps connect investors, reshape ideas, and build wealthHow do you vet partners before you go in on a deal with them?The top characteristics that contribute to your success as an investor Why you should definitely be at BPCon 2022 And So Much More!Links from the ShowNPR (National Public Radio)Kevin Leahy's BiggerPockets ProfileMark Ferguson's InvestFourMoreWendy Papasan's LinkedIn ProfileNoah Evans's LinkedIn ProfileRickey Rodriguez's BiggerPockets ProfileYour First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First DealJoe Asamoah's BiggerPockets Author ProfileAJ Osborne's Personal WebsiteSteve Rozenberg's BiggerPockets ProfileInvestHer's Partnership Question GuideMeetupHal Elrod's Personal WebsiteDave Ramsey's Personal WebsiteCashflow The Board GameMatt Faircloth's BiggerPockets Author ProfileBiggerPockets CalculatorsThe Real Estate InvestHER CommunityConnect with the BiggerPockets Hosts:BiggerPockets Real Estate PodcastListen to the BiggerPockets PodcastBrandon's BiggerPockets ProfileDavid's BiggerPockets ProfileBiggerPockets Money PodcastListen to the BiggerPockets Money PodcastScott's BiggerPockets ProfileMindy's BiggerPockets ProfileReal Estate Rookie PodcastListen to the Real Estate Rookie PodcastTony's BiggerPockets ProfileAshley's BiggerPockets ProfileInvestHER PodcastListen to the Real Estate InvestHER PodcastAndresa's BiggerPockets profileLiz's BiggerPockets profileSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We'd all like to imagine that Ashley Kehr and Tony Robinson are perfect investors. They do perfect deals, have a perfect team, and everything runs smoothly in their lives. While they are two phenomenal investors, they still face the challenges that most entrepreneurs and real estate investors also face off-camera.From shiny object syndrome to letting go of the entrepreneurial reigns, Tony and Ashley squeeze in a lot into this Rookie Reply. If you feel like you've been getting bored on your journey or simply are too anxious to take the next step, remember that Tony and Ashley have felt the same way.If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowReal Estate Rookie Rookie Facebook GroupReal Estate Rookie Youtube ChannelCheck the full show notes here: https://www.biggerpockets.com/rookie120See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN: 2:34 - What the status is of Ashley's recent commercial house hacking strategy with a liquor store19:15 - How Ashley thinks about the dynamic of focusing or mastering one strategy versus diversification in real estate21:15 - What Ashley is struggling with in her businesses and how she is working through them29:18 - What parts of real estate Ashley sees that are often missed in books and other educational resources 37:12 - How someone can go about getting a chance at a podcast hiring opportunity and stand out from the competitionAnd much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESGet more FREE content from RobertGet a FREE audiobook from AudibleRead the 9 Key Steps to Effective Personal Financial ManagementCheck out our Investing Starter Packs about business and financeCheck out our Investing Starter Packs about real estateREI022: Building Wealth From Rentals w/ Ashley KehrREI049: Commercial Real Estate House Hacking w/ Ashley KehrAshley Kehr's show BiggerPockets Real Estate Rookie Podcast JL Collin's book The Simple Path to WealthCraig Curelop's book The House Hacking StrategyMark Ferguson's book Build a Rental Property EmpirePat Flynn's book Will It Fly?Real estate education platform BiggerPocketsAll of Robert's favorite booksSupport our free podcast by supporting our sponsorsGet your free copy of The Entrust Group's 5 steps to investing in real estate with a SDIRA today.Make it simple to hire and manage remote employees across all 50 states with Justworks.Save with a credit union that helps you build financial confidence with Navy Federal Credit Union.Have high-quality, sustainably sourced Wild-Caught Seafood delivered right to your door with Wild Alaskan Company. Order today and get $15 off your 1st box of premium seafood.Join PassiveInvesting's Passive Investor Club and get to invest in high quality, cash flowing real estate without all of the hassle.Read this episode's transcript and full show notes on our website.Connect with Ashley: Website | Instagram | FacebookConnect with Robert: Website | Twitter | Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We're mixing things up for a third time with another MONUMENTAL mash-up episode! This week, we're focusing on “Getting Started In Real Estate.” You'll hear from 5 previous guests who specialize in different kinds of real estate and who have found massive success within their own niches. If you want to have a career in real estate, but aren't sure which niche is best for you or how to get started, then this is the episode for you! All five of these guests are able to share their unique story of how they got started in real estate as well as their tips and tricks. Hear from top guests: Ashley Kehr, Ryan Groene, Meg Epstein, Bruce Peterson, and Cole Hatter! Listen through to the end, and don't forget to share and tag @evanholladay on all platforms. Interested in listening to each guest's full-length episode?Visit evanholladay.com/monumental or find Monumental with Evan Holladay on YouTube, Apple Podcasts, & Spotify. Let me know in the comments which inspired you the most or what you could take away from this episode! Interested in Impact Investing with Evan and Holladay Ventures for recession-resistant returns and having a positive impact on your capital?Set up a call with our investor relations team to see if it's a good fit: https://holladayventures.com/investors/ Subscribe & leave a review for Monumental on Apple Podcasts Keep Up with Evan Holladay: Evan on InstagramHolladay Ventures on InstagramEvan on FacebookEvan on TwitterWebsite

Ashley Kehr is the co-host of the Real Estate Rookie Podcast. Just a few years removed from being a beginner herself, Ashley is now helping newbies figure out actionable steps to get their first deal. She has a dual degree in finance and public accounting and recently became a licensed insurance agent. Ashley purchased her first rental property in 2014 and since then has grown her buy and hold portfolio to over 35 units. She has experience in residential and commercial properties. She accredits much of her success to the use of partners on several real estate deals and creative financing. Ashley developed a passion for real estate after quitting her staff accountant job to work as a property manager. Within several years, she had created two property management companies, which she ran for over five years. Her specialty was creating systems to work efficiently and remotely within the companies. Currently, Ashley outsources property management and spends her time educating new investors and finding deals to BRRRR. Ashley’s real estate investing strategies have been featured on podcasts, including the BiggerPockets Real Estate Podcast, BiggerPockets Money, The Daily Real Estate Investor, and The Real Estate InvestHer Show. She has been featured in Wealth Magazine. In this episode, I chat with Ashley Kehr about her journey with real estate investing. Through her experience, she is now able to help others achieve their dreams by sharing what she’s learned along the way. It’s one thing to do the research, but putting the action behind it is where the change really happens. Ashley says it best, “people don’t realize how accessible this is – it’s easy to think you’re not in the position to invest in real estate”. We’ll discuss the power of social media, what to prepare for when entering into partnerships, and how putting yourself in the right place with the right people can teach you everything you need to know. Interested in Impact Investing with Evan and Holladay Ventures for recession-resistant returns and having a positive impact with your capital? Set up a call with our investor relations team to see if it's a good fit: https://holladayventures.com/investors/ Subscribe & leave a review for Monumental on Apple Podcasts: https://apple.co/2QYhktO Keep up with Evan: Evan on Instagram: www.instagram.com/evanholladay/ Holladay Ventures on Instagram: www.instagram.com/holladayventures/ Evan on Facebook: www.facebook.com/EvanHolladay/ Evan on Twitter: twitter.com/EvanHolladay See what Evan is up to: www.evanholladay.com Keep Up with Ashley: Facebook: https://www.facebook.com/groups/realestaterookie/ Instagram: https://www.instagram.com/wealthfromrentals/ Website: https://www.ashleykehr.com/

Early on in life, Ashley Kehr describes herself as someone who did well in school, although natural talent would be far from true. She had to really put in effort to maintain her standing, and her issue was she wasn't the most motivated person around. All she knew was following the traditional path and maintaining the status quo. Based out of rural Buffalo, New York, Ashley pursued a college education in University of Albany and found herself interning for a finance company, where she made (what she considered at the time) good money. The turning point for her was when she ultimately climbed up to a full time position for her job and she realized that the corporate, cookie-cutter structure was not for her. And almost in tandem, she quit her position and became a stay-at-home mom. Shortly thereafter, she connected with an investor who took her on as his portfolio manager and mentored her as well. And that's where we meet Ashley in this episode. Up to date, Ashley owns 36 units and her immediate focus is acquiring full-gut rehabs. She is phasing herself out of working IN her business as she focuses more on outsourcing her processes and implementing the proper systems. And as far as financial freedom goes, Ashley wants to continue living a life of flexibility and continue doing work that teaches her new things. To get in touch with Ashley, follow her on Instagram @wealthfromrentals To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list! You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei #realestate #cashflow #rentals https://www.instagram.com/ratracetofi Email: info@ratracetofi.com

To build your own real estate empire, you must have a proper understanding of how the industry works. On top of that, you must also prepare your finances accordingly and know the right people to do business with. This is what Ashley Kehr did, transforming her simple farming life into a professional real estate investor. She sits down with Lisa Hylton to talk about her journey in this industry and how she eventually landed as the co-host of the Real Estate Rookie Podcast. Moreover, she shares some tips on choosing properties to do business on, how the real estate works amid the pandemic, and how to forge the right partnerships.Love the show? Subscribe, rate, review, and share!Here's How »Join The Level Up REI Podcast Community today:lisahylton.comTwitterInstagramFacebookLinkedInYouTube

Ashley Kehr is the co-host of the BiggerPockets Real Estate Rookie Podcast where she helps and inspires others to get started in real estate investing. She is a buy and hold investor since 2014 and she lives on a dairy farm in Buffalo NY with her husband

Todays episode I have Ashley Kehr & Felipe Mejia back on the show from Bigger Pockets Rookie Podcast. We just sit back and chat about our thoughts with current markets and how COVID-19 will effect real estate and rents. We also tell some tenant horror stories where I talk about a recent shooting at one of my apartment buildings as my new tenants move in! Listen to hear it all today! To learn more or connect with Ashley & Felipe, follow them on Instagram @wealthfromrentals & @felipemejiarei Stay up to date with podcast episodes and everything real estate by following myself, Danté Belmonte on my Instagram @dantebelmonte. I hope you enjoyed this episode and were able to take away some helpful information for your journey in Real Estate Investing!

Starting in the business by being thrown into a room sky high full of boxes containing papers to manage a portfolio of rental properties, Ashley was made for this business. This weeks guest is Ashley Kehr. Ashley owns a decent size portfolio around the Buffalo, NY area and gets to talk to us today about her journey as well as some tips and tricks in the real estate investing industry. Recently Ashley has been selected as one of the hosts of the new Bigger Pockets Podcast "Real Estate Rookie" coming out March 5th. We were happy to get ahold of her before she became bigger in the real estate investing community and look forward to having you hear what she has to say! Follow Ashley on instagram for some truly awesome content @wealthfromrentals Stay up to date with podcast episodes and everything real estate by following myself, Danté Belmonte on my instagram @dantebelmonte. I hope you enjoyed this episode and were able to take away some helpful information for your journey in Real Estate Investing!

Ashley sits down with Jeremy & shares how she structures her investments, how she pitches her deals, and how she's finding deals. Ashley gives great advice for what most people get wrong about investing. You may be able to apply much of what she says to your business. Welcome to the SHOW! Premiering every Monday. Connect with Ashley Kehr here: https://www.instagram.com/wealthfromrentals/?hl=en Feel free to add your take on anything mentioned. Find Jeremy Wells here: https://twitter.com/JWellsCFO?s=17 https://www.linkedin.com/in/jwellscfo/ https://www.facebook.com/JWellsCFOPage/ https://www.jwellscfo.com/ See the end of this episode for suggestions, comments, and even guests! --- Send in a voice message: https://anchor.fm/jwellscfo/message Support this podcast: https://anchor.fm/jwellscfo/support

As you grow your multifamily portfolio, the need for more financing to put these deals together (quickly) will become increasingly important. We are thrilled to sit down with Ashley Kehr from Buffalo, NY on today's show to talk about how she grew her multifamily portfolio - duplex by duplex. She has been able to grow from zero to over 30 units with very little of her own money. On today's episode, we chat with Ashley about a ton, including the numbers of her typical deal, how she finances deals with private money and other methods, and how to structure deals with money partners to create win-win situations! Ashley Kehr is from Buffalo, NY and currently owns 30 units and 6 under contract. Most of her portfolio consists of duplexes in rural areas. The purchase price of her deals has ranged from $17,500 to $143,000. For the past two years, she has successfully used a line of credit on an investment property to present cash offers and then refinance to repay line of credit. Her favorite deal is a duplex she purchased for $35,900. The bank gave her a 90-day unsecured loan to purchase the property. She refinanced with the same bank after closing. She did $800 in updates and it appraised for $55,000. She refinanced at $42,000. She paid closings costs, unsecured loan, and had money left over. This property rents for $1200 a month. She just started her first Airbnb unit! Her husband owns a dairy farm that they live on. She has three boys – ages 5 and under. Before getting into real estate she worked as an accountant at a CPA firm and only last four months out of college before she quit to be a property manager. After two years of being a property manager for one investor, she realized she can own property too! Ashley is the Buffalo, NY InvestHER Meetup Leader which is launching in 2020! On today's episode, we discuss a ton with Ashley, including:  ·       Why you should find private money partners first ·       What to actually share with a private money partner ·       Importance of a personal financial statement ·       How to structure deals with money partners ·       The power of lines of credit to finance deals   Contact Information  ·       Email – ashley@wnydevelopment.com ·       Instagram - https://www.instagram.com/wealthfromrentals/ Books/Resources: ·       The Simple Path to Wealth (JL Collins) ·       Personal Capital App ·       Sample Personal Financial Statement InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in-person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.   How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  • Subscribe via Itunes • Subscribe via Andriod • Subscribe via Stitcher   2)  InvestHER Community on Facebook We have 1700+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 3000 meetup members attending close to 20 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!  Learn more about your ad choices. Visit megaphone.fm/adchoices

As you grow your multifamily portfolio, the need for more financing to put these deals together (quickly) will become increasingly important. We are thrilled to sit down with Ashley Kehr from Buffalo, NY on today's show to talk about how she grew her multifamily portfolio - duplex by duplex. She has been able to grow from zero to over 30 units with very little of her own money. On today's episode, we chat with Ashley about a ton, including the numbers of her typical deal, how she finances deals with private money and other methods, and how to structure deals with money partners to create win-win situations! Ashley Kehr is from Buffalo, NY and currently owns 30 units and 6 under contract. Most of her portfolio consists of duplexes in rural areas. The purchase price of her deals has ranged from $17,500 to $143,000. For the past two years, she has successfully used a line of credit on an investment property to present cash offers and then refinance to repay line of credit. Her favorite deal is a duplex she purchased for $35,900. The bank gave her a 90-day unsecured loan to purchase the property. She refinanced with the same bank after closing. She did $800 in updates and it appraised for $55,000. She refinanced at $42,000. She paid closings costs, unsecured loan, and had money left over. This property rents for $1200 a month. She just started her first Airbnb unit! Her husband owns a dairy farm that they live on. She has three boys – ages 5 and under. Before getting into real estate she worked as an accountant at a CPA firm and only last four months out of college before she quit to be a property manager. After two years of being a property manager for one investor, she realized she can own property too! Ashley is the Buffalo, NY InvestHER Meetup Leader which is launching in 2020! On today's episode, we discuss a ton with Ashley, including:  ·       Why you should find private money partners first ·       What to actually share with a private money partner ·       Importance of a personal financial statement ·       How to structure deals with money partners ·       The power of lines of credit to finance deals   Contact Information  ·       Email – ashley@wnydevelopment.com ·       Instagram - https://www.instagram.com/wealthfromrentals/ Books/Resources: ·       The Simple Path to Wealth (JL Collins) ·       Personal Capital App ·       Sample Personal Financial Statement InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in-person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.   How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  • Subscribe via Itunes • Subscribe via Andriod • Subscribe via Stitcher   2)  InvestHER Community on Facebook We have 1700+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 3000 meetup members attending close to 20 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 

Ashley Kehr lives with her family on a dairy farm in rural New York and shares how she has partnered up and scaled her real estate investing portfolio to 34 doors over the last 5 years. Ashley shares some applications that will streamline your investing game as well as how she has used a line-of-credit and the BRRRR strategy to build her portfolio. Check out her book recommendations at the end of the episode as well! As always: sit back, relax, and have a rotten time!