Real Estate Rookie
BiggerPockets
Ready to build your real estate empire… but not sure where to begin? Think of us as your personal trainer. From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask. Looking to 10X your real estate investing business this year? This show isn’t for you. Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Monday, Wednesday and Friday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.
Categories: Business
Listen to the last episode:
Want more cash flow with less stress while running your rental property portfolio? Then you need self-management! Amelia McGee and Grace Gudenkauf, seasoned investors and the minds behind BiggerPockets’ newest book, The Self-Managing Landlord, show you exactly how to do it. This episode peels back the curtain on the misconceptions that scare most investors away from self-managing their properties (like those feared 2 AM toilet emergencies!). Amelia and Grace expose how these scenarios are less frequent than most people think and offer smart strategies to handle them effortlessly. The duo dives into the financial perks of taking the reins on property management, from dramatically cutting costs to boosting tenant retention and cash flow. They lay out a spectrum of management models—from DIY to hiring a dedicated team—and share their personal triumphs (and trials) within each approach. This is THE practical playbook for making property management a cornerstone of your real estate success. You’ll learn how to establish effective systems for tenant onboarding, routine maintenance, and urgent repairs, ensuring your property management is both stress-free and profitable. Whether you’re just dipping your toes into real estate investing with your first property or looking to refine your existing portfolio, this episode is packed with actionable tips that promise to make your portfolio more passive! In This Episode We Cover: How to lower your costs and boost your cash flow significantly with self-management What being a landlord is actually like, and why it’s not all 2 AM toilet calls Building your real estate team so you can handle less of the day-to-day and focus on the big picture Practical advice for setting up systems that streamline tenant onboarding and property maintenance Grace’s $8,500 bookkeeping mistake that you CAN NOT afford to make Tips for handling urgent property issues with WAY less stress 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! Get Tips, Advice, & Support in the BiggerPockets Forums Get RentRedi Property Management for FREE with a BiggerPockets Pro Membership: BiggerPockets Pro RentRedi Real Estate Rookie 111 - 26 Doors in 1 Year? Here’s How You Can Do It Too! w/Amelia McGee Real Estate Rookie 161 - Using Calculated Risk to Acquire 17 Doors In Under a Year (at Age 24!) w/ Grace Gudenkauf BiggerPockets Real Estate 938 - Scaling from 0 to 20+ Doors Using These “Self-Management” Tools & Tips w/Amelia McGee and Grace Gudenkauf Tools Mentioned in Today’s Show: Loom Monday.com Connect with Amelia: Amelia's BiggerPockets Profile Amelia's Instagram WIRE (Women Invest In Real Estate) Connect with Grace: Grace's BiggerPockets Profile Grace's Instagram (00:00) Intro (01:10) The Right Way to Manage Rentals (04:42) What Being a Landlord is Like (08:20) Why You MUST Self-Manage (14:42) Onboarding Tenants 101 (20:41) Lease Agreements (26:56) The $8,500 Mistake (30:08) Do This RIGHT Now! (35:09) Building Your Team (41:40) Grab the Book! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-401 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
Previous episodes
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406 - 401: Boost Your Cash Flow in 2024 with These “Self-Management” Tips w/Amelia McGee and Grace Gudenkauf Fri, 03 May 2024
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405 - 400: Rookie Investor? Never Make This $40,000 Mistake w/Dave Meyer Wed, 01 May 2024
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404 - 399: $80,000/Year Cash Flow & Financial Freedom with 7 Properties (in 3 Years!) w/Sarah Msuya Mon, 29 Apr 2024
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403 - 398: 3 Steps to Buying Your First (or Next) Small Multifamily Property Fri, 26 Apr 2024
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402 - 397: The BEST Ways to Protect Your Rental Property and Keep Your Tenants Safe w/Eileen Daugherty Wed, 24 Apr 2024
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401 - 396: 5 Real Estate Deals Using Other People’s Money w/Darnell Leslie Mon, 22 Apr 2024
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400 - 395: Rookie Reply: Using a Car as a Down Payment (!?), ADUs, & House Hacking 101 Fri, 19 Apr 2024
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399 - 394: The Hidden Property Damage That Could Ruin Your Home Renovation…w/Jessica Bryant Walton Wed, 17 Apr 2024
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398 - 393: $120K/Year from ONE “Sensory” Rental Property with a “Secret” Amenity w/Chase Charifa Mon, 15 Apr 2024
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397 - 392: Rookie Reply: Should I Move (and Quit My Job!) to Invest in Real Estate? Fri, 12 Apr 2024
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396 - 391: The Low-Cost Way to “Invest” in Real Estate in 2024 (Without Buying Rentals) w/Veronica Garreton Wed, 10 Apr 2024
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395 - 390: Making Over $10K/Month Thanks to “Conscious” Multifamily Investing w/Yiting Yang Mon, 08 Apr 2024
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394 - 389: Rookie Reply: How to Find a Property Manager & Set up Rentals Out of State Fri, 05 Apr 2024
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393 - 388: How to Save Your Cash Flow When Dealing with a “Problem” Property w/Ashley Robinson Wed, 03 Apr 2024
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392 - 387: The Step-by-Step Guide to Flipping Houses and High-ROI Home Renovations w/James Dainard Mon, 01 Apr 2024
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391 - 386: Rookie Reply: Will It Cash Flow? Analyzing BRRRRs, Hotels, & Commercial Deals Fri, 29 Mar 2024
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390 - 385: How to Save Your Rental Property When “Good” Tenants Turn BAD w/Chelsea Borden Wed, 27 Mar 2024
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389 - 384: The “Luxury” Rental Property That Brings in $150K/Year of Pure Profit w/Veronica Garreton Mon, 25 Mar 2024
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388 - 383: Rookie Reply: “Managing” Your Property Manager & How to Invest While in Debt w/Tiamo Wright and Mindy Jensen Fri, 22 Mar 2024
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387 - 382: The REAL Cost of Bad Tenants and “Cheap” Contractors (Mistakes to Avoid!) w/Dan Stowell Wed, 20 Mar 2024
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386 - 381: Making $7K/Month in PURE Cash Flow with Only 3 Rental Properties w/Bailey Kramer Mon, 18 Mar 2024
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385 - 380: Rookie Reply: How to Start Investing, Walking Away from Deals, & Co-hosting Fri, 15 Mar 2024
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384 - 379: How to Buy Your First or Next Rental Property in 90 Days (or Less!) w/Dave Meyer Wed, 13 Mar 2024
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383 - 378: Paying Off $100K in Debt with 3 Rentals Thanks to THIS Low-Money Strategy w/Dave Williams Mon, 11 Mar 2024
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382 - 377: Rookie Reply: Cash Flow vs. Appreciation, Using HELOCs, and Trashed Rentals Fri, 08 Mar 2024
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381 - 376: The $150K “Stolen” Rental Property and How to Avoid a Real Estate Scam w/Matt Drouin Wed, 06 Mar 2024
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380 - 375: Making $160K/Year From ONE “Rare” Property Thanks to Seller Financing w/Adam Howard Mon, 04 Mar 2024
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379 - 374: Rookie Reply: Screening Tenants, Using Hard Money, and Raising Rents Fri, 01 Mar 2024
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378 - 373: Wiping Out $130K of Debt in ONE Year With THIS “Steady” Real Estate Business w/Nicole Rutherford Wed, 28 Feb 2024
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377 - 372: $4K/Month and Financial Stability From Rentals After Losing His “Safe” Job w/Kevin and Julia Windheuser Mon, 26 Feb 2024
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376 - 371: Rookie Reply: Estimating Rehab Costs, Finding "Hard Money," & Tax Planning w/Natalie Kolodij Fri, 23 Feb 2024
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375 - 370: Making $140K/Year & Retiring His Wife in 18 Months with “Rental Arbitrage” w/Keron Bryce Wed, 21 Feb 2024
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374 - 369: Financial Freedom in 10 Years and $200K Cash Flow with a Small Portfolio w/Dion McNeeley Mon, 19 Feb 2024
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373 - 368: Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij Fri, 16 Feb 2024
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372 - 367: How to Buy a Hotel: Breaking Down Tony’s FIRST Commercial Real Estate Deal Wed, 14 Feb 2024
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371 - 366: The EASIEST Way to Get into Real Estate Investing With NO Money w/Amina Stevens Mon, 12 Feb 2024
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370 - 365: Rookie Reply: How to Analyze Deals Like a PRO (Use THESE Numbers & Tools) Thu, 08 Feb 2024
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369 - 364: Making $115K From a Nightmare First Deal (Cops, Evictions, and Break-Ins!) w/Mitch Krotz Wed, 07 Feb 2024
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368 - 363: How to Start an Airbnb Business in a Brand New Market w/Melanie Wilmesher Tue, 06 Feb 2024
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367 - 362: Rookie Reply: HELOCs Explained and How to Invest with BAD Credit Thu, 01 Feb 2024
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366 - 361: How to Buy Your First Rental Property When You CAN’T Get Approved for a Loan w/Mike Previtera Tue, 30 Jan 2024
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365 - 360: Trespassers Took Over My Property! (How to Get Rid of Squatters ASAP) w/Leka Devatha Thu, 25 Jan 2024
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364 - 359: From His Grandma’s Couch Making $15/Hour to $30K/Year from ONE Property w/Jaryn Pierson Tue, 23 Jan 2024
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363 - 358: Rookie Reply: Loan Pre-Approvals & Picking an Out-of-State Investing Market Thu, 18 Jan 2024
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362 - 357: The $120K Investing Mistake YOU Can Avoid on Your Next Home Renovation w/Justin Noe & Nate Cherubini Tue, 16 Jan 2024
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361 - 356: 3 Steps to Start Investing in Real Estate + 2024 Mortgage Rate Predictions Thu, 11 Jan 2024
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360 - 355: $25K/Month from ONE Property Thanks to a $180K Discount & Creative Finance w/Dayna Hicks Tue, 09 Jan 2024
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359 - 354: How to Unlock Off-Market Real Estate Deals with This “Personalized Pitch” w/Brett Long Thu, 04 Jan 2024
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358 - 353: From Rehab to Real Estate Investor Making $71K/Year from ONE Rental w/Matt McDermott Tue, 02 Jan 2024
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357 - 352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms Thu, 28 Dec 2023