Real Estate Rookie

Stop Buying Rentals (You Have Enough) and Do THIS Instead (Rookie Reply)


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Should you STOP buying rentals? How do you structure a seller financing deal? Can you invest out of state without a property manager? Whether you’re looking to improve your cash flow or buy a property without the bank, there’s something for you in today’s Rookie Reply!

Our first question comes from an investor who is looking at a potential seller financing opportunity. Should they make multiple offers? How should they structure terms? Tune in to hear the tips Ashley and Tony have used to get low-money-down seller financing in the past!

Next, we’ll hear from an investor whose real estate portfolio is barely breaking even. We’ll discuss whether they should stop buying rentals, but we’ll also dive into their assets and see if there’s an even easier (and more passive) way to build wealth with real estate!

Finally, is there a cost-effective way to manage your properties from afar while still having boots on the ground to handle things like showings and move-in inspections? Ashley has some outside-the-box ideas you could try!

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


In This Episode We Cover:

How to reach your real estate investing goals without buying more rentals

How to pitch seller financing (and negotiate terms) when buying property

Whether you should make multiple offers on the same property (and how to do it)

Building wealth through passive real estate investing opportunities

How to leverage your retirement accounts to invest in real estate

How to manage rental properties when investing out of state

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

PropStream

Buy 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?


(00:00) Intro

(00:32) Seller Financing 101

(11:14) STOP Buying Rentals?

(21:50) Managing Rentals from Afar

(24:20) Ask Your Question!


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-532

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

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