Which rental renovations give you the biggest bang for your buck, turning a few thousand dollars of materials and labor into hundreds of more dollars of rent per month and tens of thousands more in home value? Today, we’re going through each tier of rental renovations: easy and cheap ($5,000 or under), moderately challenging and expensive ($25,000 – $50,000), and hard/pro-level ($50,000+). This will give you a roadmap of high-ROI rental renovations you can make right now to increase your property’s value and rent.

Why are these rental renovations (AKA value-add) so important right now? Because with so many investors and homebuyers sitting out of the market, you can take your pick of homes with overlooked potential and turn them into high-value investment properties. This not only makes tenants happier due to new renovations and upgrades but also gets you higher rents and wealth-building equity to boot.

We’ll start with some easy ones—painting, tiling, adding backsplashes, etc.—and work our way up to the pro-level renovations like adding square footage and turning a single-family home into a multifamily. Based on your experience, you can go either route, but both have enormous potential to turn your initial investment into a killer real estate deal.

In This Episode We Cover:

How to increase your property’s value (and rents) with high-ROI rental renovations

The easiest (and cheapest) upgrades to make that take little time

What to look for when buying a home for “value-add” and signs of money-making potential

The one appliance you should NEVER include in your rental property

The easy bathroom conversion that will massively boost your home’s equity

Pro-level rental renovations that could make you six figures

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-564

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. 

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Many rookies assume they’re years away from buying rentals, but what if your first (or next) property is much closer (and easier) than you think? Today’s guest devised a detailed plan that took him from having no real estate experience to closing on his first rental property in just ONE year. Tune in to learn the tactics he used and how YOU can copy his success!

Welcome back to the Real Estate Rookie podcast! Aaron Mann was tired of renting, hopping from apartment to apartment, and paying someone else’s mortgage. Once his wife convinced him that homeownership was not just a dream but very achievable, they curbed their spending and saved aggressively. But that’s not all. Aaron also launched a few creative side hustles that boosted their income, accelerated their down payment saving, and helped them buy their new home sooner than expected!

The best part? Now they’re using the house hacking strategy to help cover their mortgage payment. Whether you’re actively saving for a home or need an inspirational nudge to get started, this episode has something for you. Aaron shares the “MOAT” method that helps him find side hustles worth scaling, how to negotiate with sellers, and more!

In This Episode We Cover

How to buy your FIRST rental property (much faster than you think!)

Fast-tracking your property down payment with wildly creative side hustles

Having others pay down your mortgage through house hacking

Maximizing your monthly rents with the rent-by-the-room strategy

How to discover scalable side hustles using Aaron’s “MOAT” method

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-563

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. 

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Home prices are seeing some serious cuts—but is this happening across all markets, and what does it mean for new investors? For many beginners, this could be the perfect time to buy a rental property, and in this episode, we’ll share what YOU can do to take advantage of a shifting housing market!

Welcome to another Rookie Reply! Today, we’re back with more questions from the BiggerPockets Forums, and first, we’ll hear from an investor who has noticed sharp price cuts in major markets. Should all real estate investors jump at this window of opportunity, or is this a market-specific trend? Ashley and Tony will share their game plan for those looking to buy!

Next, we’ll hear from an investor who owns two properties. The kicker? They can’t afford them! Should they sell or pivot to another investing strategy? We have a few creative ideas that could help them make money off their primary residence and get back in the green. Finally, what should you do with a bad property inspection report? Move forward with the deal or walk away? Stick around to find out!

Looking to invest? Need answers? Ask your question here!

In This Episode We Cover

The markets where home prices are dropping (and what YOU should do)

How rookie investors can find HUGE opportunity in a “buyer’s” market

Three ways to make money off your primary residence (no rentals needed!)

What to do when you can no longer afford your rental property

Increasing your monthly cash flow with the rent-by-the-room strategy

When to have the seller make repairs versus asking for concessions

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-562

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠. 

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Do you really need an LLC for rentals? What about a trust? What kind of insurance should you get? With so many questions (and confusion) surrounding asset protection for real estate investors, we’ve brought on an expert to set the record straight so you can protect your assets—without going overboard or breaking the bank!

Welcome back to the Real Estate Rookie podcast! Today, we’re chatting with real estate attorney and fellow investor Bonnie Galam about the nuances of asset protection. The truth is that there are two sides to this coin, but most investors only focus on the defensive or “reactive” side. Bonnie will show you the keys to 360-degree protection—like setting up strong legal structures before problems arise and the essential documentation you should have from day one.

You’ll also learn about the potential pitfalls of equity partnerships, how personal events can put your properties at risk, and why car insurance and prenups matter more for your portfolio than you might think. Asset protection doesn’t have to be complicated, but it does need to be strategic, and this episode will help you prioritize what’s important now, what can wait, and how to create a legal framework that evolves as your real estate portfolio grows!

In This Episode We Cover

Two sides of asset protection to focus on when starting a real estate business

Three actionable steps new investors can take to protect their assets today

Why you need to create an estate plan (even if you don’t have rentals yet!)

How much you should expect to pay for different types of legal protection

Debt versus equity partnerships (and why one is better for asset protection)

Revocable and irrevocable trusts explained (and which one you need)

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-561

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠. 

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Could rentals help YOU achieve financial independence and even retire early? That’s the goal for today’s guest, who, despite growing up with very little, is now building wealth with real estate. In just three years, she has already scaled to 10 properties…and counting!

Welcome back to the Real Estate Rookie podcast! After discovering the FIRE movement (financial independence, retire early), Lindsay Barrientos decided that real estate investing would be the lifeline from her high-stress W2 job. In just three years, this healthcare professional has already scaled her real estate portfolio to 10 rentals and is on track to leave her job in the coming years—all thanks to a combination of hard work, out-of-state investing, and creative financing. These “home run” deals include a $135,000 property that cash flows over $500 a month and a $79,000 property that recently appraised for over $150,000!

In this episode, Lindsay will share the strategies that helped her find high-cash-flow, off-market deals beyond her backyard. Along the way, you’ll learn how to build your network, scale faster through the BRRRR method (buy, rehab, rent, refinance, repeat), and unlock seller finance deals that allow you to put low money down on investment properties!

In This Episode We Cover:

How Lindsay grew her portfolio to 10 rental properties in just three years

Scaling fast with the BRRRR method (buy, rehab, rent, refinance, repeat)

Creating MORE cash flow through the power of out-of-state investing

How to lower your living expenses with the house hacking strategy

The three keys to finding seller finance deals (even as a beginner!)

And So Much More!

Links from the Show

Ashley's BiggerPockets Profile

Tony's BiggerPockets Profile

Join BiggerPockets for FREE

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Follow Real Estate Rookie on Instagram

Ask Your Question for a Future Rookie Reply

“Like” Real Estate Rookie on Facebook

Follow Real Estate Rookie on Instagram

Lindsay’s Instagram

Earn Passive Income by Investing in Shares of Rental Properties with Realbricks

Grow Your Network at BPCON2025 in Las Vegas, Nevada

Grab the Book, “Buy, Rehab, Rent, Refinance, Repeat”

Sign Up for the Real Estate Rookie Newsletter

Find an Investor-Friendly Agent in Your Area

What Is the BRRRR Method & How to Use It to Invest in Real Estate

Connect with Lindsay

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-560

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠. 

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Need more money to buy your first (or next) rental property? The right real estate side hustle could help you learn the industry AND pocket some extra change to put toward your next investment. In this episode, we reveal a low-cost real estate business that nets $4,000 a month. Don’t believe us? Tony’s done it himself, and he’ll show you how to get started!

Welcome to another Rookie Reply! Today, we’re answering questions from the BiggerPockets Forums and Real Estate Rookie Facebook group, and to kick things off, we’ll hear from an investor who’s tired of house hacking. What’s the best way to transition to another investing strategy without sacrificing the killer cash flow that renting by the room provides? We’ll share our favorite pivots!

Next, we’ll discuss buying mortgage points, a strategy that could help you save money and create more monthly cash flow—IF you plan to keep the property for the long haul. And finally, launching a side hustle is a great way to break into real estate, learn the industry, and make more money to buy rentals. We’ll share an overlooked Airbnb business that has very low startup costs yet could net you $4,000 per month!

Looking to invest? Need answers? Ask your question here!

In This Episode We Cover

How to make an extra $4,000 a month with an “overlooked” side hustle

The pros and cons of the house hacking and rent-by-the-room strategies

Telltale signs it’s time to pivot to a different investing strategy

Mortgage points explained (and whether they’re worth the cost)

Crucial systems and processes for managing short-term rentals

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-559

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠. 

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Do you dream of ditching your nine-to-five and living off rentals full-time? Today’s guests did more than dream—they engineered their exit from corporate America and built a $10,000,000 rental portfolio in just FOUR years. And the best part? They did it without a ton of money and without swinging a single hammer!

Welcome back to the Real Estate Rookie podcast! Niti Jamdar and Palak Shah spent 15 years climbing the corporate ladder before realizing they weren’t really building wealth. So, they set a clear goal—to leave their W2 jobs in just five years with real estate. They ended up crushing that goal, building a multimillion-dollar portfolio in just four years!

If you want to scale your real estate portfolio fast, there’s arguably no better investing strategy than the BRRRR method (buy, rehab, rent, refinance, repeat), which allows you to continuously tap into your equity to buy more rental properties. In this episode, Niti and Palak will share their “SCALE” framework, step by step, which simplifies this strategy so that even the greenest investor can understand it!

In This Episode We Cover:

How Niti and Palak built a $10,000,000 portfolio in just four years

Growing your real estate portfolio faster with the “SCALE” framework

How to create time, location, and financial freedom with real estate investing

Tips and tricks for managing a successful rehab project from start to finish

Leveraging commercial financing to scale faster than you thought possible

Boosting rents with high-ROI renovations and tenant-friendly finishes

And So Much More!

Links from the Show

Ashley's BiggerPockets Profile

Tony's BiggerPockets Profile

Join BiggerPockets for FREE

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Follow Real Estate Rookie on Instagram

Ask Your Question for a Future Rookie Reply

“Like” Real Estate Rookie on Facebook

Follow Real Estate Rookie on Instagram

Niti & Palak’s Instagram

Grab Niti and Palak’s Book

The Investor Accelerator

Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus!

Catch Niti and Palak at BPCON2025 in Las Vegas

Grab Niti and Palak’s Book, “Accelerate Your Real Estate”

Sign Up for the Real Estate Rookie Newsletter

Property Manager Finder

What Is the BRRRR Method & How to Use It to Invest in Real Estate

Connect with Niti

Connect with Palak

Check out more resources from this show on ⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-558

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

What would you do with $8,500 in monthly cash flow? Quit your W2 job? Travel the world? Reinvest it? The possibilities are endless, and by blending investing strategies and getting creative when hunting for deals, today’s guest was able to “snowball” to $8,500/month with 10 rental units in just a few years!

Welcome back to the Real Estate Rookie podcast! In this episode, we’re chatting with Kelsey Porter, a real estate agent who caught the investing bug when a client introduced her to BiggerPockets. While most new investors focus on one strategy, Kelsey has tried a little bit of everything—house hacking, live-in flips, and short, medium, and long-term rentals. She has even rented out her primary residence for months at a time, a move that fully funded her wedding!

With “smedium”-term rentals, unique experiences, and even a Taylor Swift-themed Airbnb—which features a full-blown scavenger hunt—Kelsey has built a highly diversified real estate portfolio. Stay tuned to learn about Kelsey’s strategy for finding off-market deals and the “all-in-one” mortgage she used to tap into her home equity and scale fast!

In This Episode We Cover:

How Kelsey makes $8,500 in monthly cash flow from just 10 rental units

Blending investing strategies to maximize your rental cash flow

Tapping into home equity with the “all-in-one” mortgage

How to land more off-market real estate deals with strategic lead nurturing

How to diversify (and lower your risk) within your real estate portfolio

And So Much More!

Links from the Show

Ashley's BiggerPockets Profile

Tony's BiggerPockets Profile

Join BiggerPockets for FREE

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Follow Real Estate Rookie on Instagram

Ask Your Question for a Future Rookie Reply

“Like” Real Estate Rookie on Facebook

Follow Real Estate Rookie on Instagram

Earn Passive Income by Investing in Shares of Rental Properties with Realbricks

Grab the Book “Start with Strategy”

Sign Up for the Real Estate Rookie Newsletter

Find an Investor-Friendly Agent in Your Area

Which Real Estate Investing Strategy Is Best for Your Goals?

Connect with Kelsey

Kelsey’s Instagram

Check out more resources from this show on ⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠ and ⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-557

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠[email protected]⁠⁠⁠⁠. 

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Is money getting in the way of you and your first (or next) rental property? You’re not alone! This is perhaps the most common pain point for new investors. Fortunately, we have some game-changing tips to help you get financing for rental properties—even if you don’t have a high-paying job or perfect credit score!

Welcome to another Rookie Reply! Today’s first question is from a student looking to purchase their first house hack. They’re not sure if they’ll be able to qualify for a mortgage based on their current income and job history, but we’ll provide some actionable steps to help them reach their end goal as soon as possible.

Next, we’ll hear from an investor who’s looking to tap into their home equity and fund their next rental property. The catch? If they refinance, their new interest rate will jump up by 5%. Is the investment worth it? We’ll weigh the pros and cons. To wrap up, we’ll tackle some common landlording problems—high utility bills, tenant headaches, and more!

In This Episode We Cover

Common money problems new investors face (and how to overcome them)

How to find the best financing terms for your rental properties

Several ways to tap into your home equity (and fund your next property)

The pros and cons of cash-out refinancing at a higher interest rate

Keeping your utility costs under control and managing difficult tenants

And So Much More!

Check out more resources from this show on ⁠⁠⁠BiggerPockets.com⁠⁠⁠ and ⁠⁠⁠https://www.biggerpockets.com/blog/rookie-556

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠[email protected]⁠⁠⁠. 

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What if you could create multiple income streams and live for “free” with just ONE rental? Today, we’ll show you why a small multifamily property is still one of the best investments you can make and how buying one in 2025 could catapult you toward financial freedom!

Welcome back to the Real Estate Rookie podcast! With less competition than both single-family homes and large multifamily properties, small multifamily is the “sweet spot” for investors looking to break into real estate and buy their first rental property. Ashley started her investing journey with a duplex and still believes this is the best investing strategy for rookies today. In this episode, she will show you how to find and buy your first small multifamily property, step by step!

Along the way, you’ll learn everything from developing your buy box and analyzing rental properties to getting the best financing terms with the house hacking strategy. But that’s not all. Once you have your property under contract, you’ll need to know how to find and manage tenants, so we’ll share the biggest (and most common) multifamily management mistakes to avoid!

In This Episode We Cover

How Ashley would invest in small multifamily if she were starting in 2025

House hacking to get low-money-down financing and live for “free”

The investing strategy that gives you cash flow, appreciation, and tax-free gains

The two biggest multifamily management mistakes (and how to avoid them)

Why it’s easier to scale with small multifamily rentals than single-family homes

And So Much More!

Check out more resources from this show on ⁠⁠BiggerPockets.com⁠⁠ and ⁠⁠https://www.biggerpockets.com/blog/rookie-555

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠[email protected]⁠⁠. 

Learn more about your ad choices. Visit megaphone.fm/adchoices