Episode #454
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Real Estate Rookie – Episode 447: Making $300K+ Profit Per Rental and Scaling FAST with “DADUs”: https://www.biggerpockets.com/blog/rookie-447?utm_source=youtube&utm_medium=description&utm_campaign=none
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You’re trying to buy your first rental property, but you keep losing out to buyers making cash offers and waiving inspections. Are you doing something wrong? In this episode, we’ll show you how to find more deals, improve your offers, and even be the first one to the party!
Welcome back to another Rookie Reply! One of the biggest perks of real estate investing is the home equity you build through loan paydown—money you can use to grow your real estate portfolio. But between cash-out refinancing, a home equity line of credit (HELOC), and selling your property, what’s the best way to pull your money out? Ashley and Tony are here to break down your options. Next, we’ll discuss the best properties to buy with appreciation as your main goal. Should you buy the cheaper home that needs renovations or the move-in-ready rental? Stick around as we compare these properties head-to-head!
00:00 Intro
00:41 apping Into Home Equity
08:33 Investing for Appreciation
14:24 How to Land Your First Property
22:20 Where to Find Deals
27:32 Send Us Your Question!