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.
https://www.biggerpockets.com/podcasts/real-estate-rookie
episode 121: 10 Units in Multiple States, All in Just Under 2 Years!
Tony Robinson has some great ideas, like creating a short-term rental empire in both Joshua Tree, California, and the Smoky Mountains over in Tennessee. Tony talked so highly of the latter investing region, that today’s guest, Cale Delaney decided to pack his whole family into the minivan and make the 10+ hour drive to check out the area. Shortly after, Cale was under contract for not one, not two, but three cabins!
This wasn't Cale’s first experience with real estate investing. Back at the beginning of 2020, Cale had a mental shift where he realized that real estate could be the key to setting him financially free. He scoured homes all over his area of Florida until he came across a fourplex which rejected one offer from him but later accepted another. He made three of these units long-term rentals, and the other one a short-term rental.
Cale went from zero to ten units in only a year and a half or so, without a ton of management experience of extravagant funding. If he can do it, you can too!
In This Episode We Cover
How to get your first property under contract, even if you keep getting rejected
Managing locally before stepping into long-distance investing
How a quick closing can lead to more deals in your pipeline
Getting off-market properties under contract even in a competitive area
Financing real estate investments using conventional loans, HELOCs, and more
Scheduling time now to plan for freedom tomorrow
And So Much More!
Links from the Show
Real Estate Rookie Youtube Channel
Ashley's Instagram
Tony's Instagram
Real Estate Rookie FaceBook Group
Airbnb
Google Maps
Zillow
MLS
BiggerPockets Podcast
Hospitable
PriceLabs
Stessa
Quickbooks
RUBS
Host Financial
Visio Lending
LendSimpli
Rookie Podcast 51: 18 Deals in 2 Years AND a Full Time Job with Kevin Christensen
BiggerPockets Forums
Facebook Marketplace
Craigslist
Check the full show notes here: https://www.biggerpockets.com/rookie121
Learn more about your ad choices. Visit megaphone.fm/adchoices