Real Estate Rookie

BiggerPockets Calculators

Real Estate Rookie 486 - Quitting His Job with Real Estate After Cracking the Cash Flow Code w/Miller McSwain

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Making $13,000/Month Cash Flow from ONE Rental and ONE Business in ONE Year Apr 21, 2025

Show notes

Want to leave your nine-to-five for a “job” that gives you more time, flexibility, and potentially more money? Rentals could be your golden ticket to financial freedom. After tragedy turned her world upside down, today’s guest went all in on real estate investing. Just ONE year later, she makes $13,000 in monthly cash flow and has waved her W2 goodbye!

Welcome back to the Real Estate Rookie podcast! Shortly after buying her first rental property, Allison Craft lost her brother in a tragic accident. With a new perspective on life, she decided to chase after what she valued most—more time with her young family. With just one short-term rental and a new co-hosting business, she now brings in more income than she ever did at her corporate finance job of 10 years!

In this episode, Allison shares how she bought, renovated, and furnished her first rental property with limited cash and launched a real estate business that cash flows close to $10,000 a month. If you want to do the same—build a profitable business without owning rentals—stay tuned because Allison has the secrets to finding clients and scaling fast!

In This Episode We Cover:

How Allison scaled to $13,000 in monthly cash flow (in just ONE year)

Building a profitable real estate business from scratch (step by step)

How to make money in real estate without owning rental property

When to quit your W2 job and go “all in” on real estate investing

Fast-tracking your investing journey with networking and mentorship

And So Much More!

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Ask Your Question for a Future Rookie Reply

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BiggerStays YouTube Channel

Garrett’s Instagram

Allison’s Website

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-551

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How to MAX Out Your Cash Flow Per Property with “The New Airbnb” (Rookie Reply) Apr 18, 2025

Show notes

Great cash flow is hard to come by in this market, but fortunately, there’s a strategy that can help you maximize your property’s rentable space and profits. In this episode, we’ll show you how to convert your own rental property for co-living or renting-by-the-room!

Welcome to another Rookie Reply! Tony and guest co-host Garrett Brown are diving back into the BiggerPockets Forums, and first up, we have a question about one of 2025’s up-and-coming strategies—co-living. This rookie investor wants to maximize the amount of cash flow their property can earn, so we’ll steer them in the right direction with the best arrangement and profitable value-add ideas!

Then, we’ll hear from an investor who already has their investing strategy and financing lined up but can’t decide where to invest. We’ll share some crucial market analysis advice and some potentially property-saving tips for managing their rental from afar. Stick around till the end for a question we’ve never been “axed” before, which involves a dangerous short-term rental amenity and potential lawsuit!

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

In This Episode We Cover:

Boosting your cash flow with the co-living and rent-by-the-room strategies

Value-add renovations that create more rentable space on your property

The three keys to a profitable out-of-state investing operation

How to properly analyze a market for short-term rentals

Must-avoid Airbnb amenities that could get you into legal trouble

And So Much More!

Links from the Show

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Ask Your Question for a Future Rookie Reply

“Like” Real Estate Rookie on Facebook

BiggerStays YouTube Channel

Pre-Order the Book, “Co-Living Cash Flow”

Find an Investor-Friendly Agent in Your Area

Real Estate Rookie 447 - Making $300K+ Profit Per Rental and Scaling FAST with “DADUs”

Connect with Garrett

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-550

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Playing the Real Estate “Long Game” with 10 “Boring” Rental Properties Apr 16, 2025

Show notes

If you bought and held 10 rental properties—each being paid down by tenants—imagine where you would be 10, 20, or 30 years from now. Financially free? Retired? Today’s guest isn’t worried about cash flow or making a quick buck. He’s using a proven, repeatable formula to build wealth with real estate, and in this episode, he’ll show YOU how to mirror his success!

Welcome back to the Real Estate Rookie podcast! Zach Stanley went from selling printers to buying a pair of rentals without really knowing what he was getting into. Now, at just 28 years old, Zach already has 10 properties to his name and over $1 million in total equity. The cherry on top? He brings in $3,500 in monthly cash flow, even though he’s playing “the long game” with his investments. This allows him to reinvest his profits, save for down payments, and scale his real estate portfolio faster!

In today’s episode, Zach will show you how to find great real estate deals with “conservative” analysis and share the number one mistake new investors make when looking for properties. You’ll also learn why appreciation beats cash flow, especially if you want to scale quickly and build long-term wealth!

In This Episode We Cover:

How Zach scaled to 10 rental properties and over $1 million in equity

Reinvesting your cash flow to build your real estate portfolio faster

The massive advantage you gain by teaming up with an investor-friendly agent

The rookie’s biggest “blind spot” when analyzing real estate deals

Why a sales job can help prime you for real estate investing success

And So Much More!

Links from the Show

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Ask Your Question for a Future Rookie Reply

“Like” Real Estate Rookie on Facebook

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

Grab the Book, “Pillars of Wealth”

Find an Investor-Friendly Agent in Your Area

Real Estate Rookie 537 - BUILD, Don’t Buy: The Rookie-Friendly Investing Strategy with 6-Figure Upside

Connect with Zach

BiggerPockets Calculators

Zach’s Instagram

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-549

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$5,000/Month Cash Flow from 3 Small Multifamily Properties in JUST 5 Years Apr 14, 2025

Show notes

Making $65,000 in yearly cash flow from three rental properties?! Today’s guests are on a mission to create generational wealth, and they’re doing it with an investing strategy YOU can use to scale your real estate portfolio fast, too—small multifamily properties!

Welcome back to the Real Estate Rookie podcast! Daniel and Rebeca Hawthorne didn’t come from money, but they’re looking to reverse that trend and give their family a much better life. In just FIVE years, they have built a small multifamily portfolio of 32 rental units. How did they do it? In this episode, they’ll share how they leveraged home equity to buy their first, second, AND third rental property!

Of course, it hasn’t all been smooth sailing. Daniel and Rebeca have had a few tenant horror stories, including one that involves a fraudulent caretaker and over $30,000 in property damage. But despite all the hurdles and growing pains, they’re building massive wealth by amassing units and slowly converting long-term rentals into medium-term rentals for higher cash flow. Stay tuned to hear their full story from childhood poverty to financial freedom!

In This Episode We Cover

How Daniel and Rebeca scaled to 32 rental units in just FIVE years

The blueprint to create generational wealth with small multifamily real estate

Leveraging your home equity to fund investment property down payments

How to defer capital gain taxes on your property sale with a 1031 exchange

Freeing up your time, energy, and ability to scale by hiring a property manager

And So Much More!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-548

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3 Things YOU Can Do to Find More Real Estate Deals That Cash Flow (Rookie Reply) Apr 11, 2025

Show notes

You’ve got some money. You’ve got your strategy. You’ve even analyzed a bunch of rentals. But you still can’t find real estate deals that cash flow. What gives? Today, we’re going to share three things YOU can do to turn more “okay” deals into great deals!

Welcome to another Rookie Reply! We’re back with more questions from the BiggerPockets Forums, the best place to ask your questions and get top-notch advice from other investors. First, it can be disheartening to analyze rental properties and come up dry, but we’ve got a few simple adjustments that could change your fortune. We’ll also hear from an investor who’s worried about an appraisal that could break their deal and show them how to use it to their advantage instead!

Finally, we’ll share the number one investing strategy all newbies should be paying attention to in 2025. This is a low-risk way for any beginner to break into real estate investing. The best part? It can be seriously profitable!

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

In This Episode We Cover:

Three things you can do to find real estate deals that cash flow

The number one thing new investors get wrong when analyzing properties

Getting an even better deal by using an appraisal to negotiate with sellers

The “hottest” investing strategy beginners need to pay attention to in 2025

How to “soup up” your cash flow with co-living and rent-by-the-room

And So Much More!

Links from the Show