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434: Rookie Reply: Buying Your NEXT Rental & How to Save a Fortune on Renovations

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Manage episode 429609516 series 2632451
Inhoud geleverd door BiggerPockets. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door BiggerPockets of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Home renovation projects aren’t cheap, and it’s easy to let your budget spiral out of control if you’re not careful. Fortunately, we have several tips, tricks, and hacks that will help you save a fortune on your rehabs—from finding deals on materials to an investor hack that gives you money back every time you place an order!

Welcome back to another Rookie Reply! Are you investing out-of-state? We’ll show you how to find, vet, and manage contractors from miles away in today’s episode. Not sure if you’re ready to buy your next rental property? In this episode, we’ll break down a listener’s financials and help them (and you!) make the right choice. But that’s not all. Perhaps you’ve thought about renting by the room to help cover your mortgage but don’t know whether house hacking is for you. Make sure you listen to Ashley and Tony’s advice before diving in!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

In This Episode We Cover

The BEST places to find materials for your home renovation projects

How to save money on material orders with THIS investor hack

When to buy your NEXT property (and why you always need an exit strategy!)

How to find, vet, and manage contractors when investing out-of-state

What you MUST know before using the rent-by-the-room investing strategy

And So Much More!

(00:00) Intro

(01:01) Rent-By-The-Room Strategy

(08:30) BEST Places to Buy Materials

(16:35) Should I Buy Another Property?

(21:39) Managing Contractors Remotely

(34:32) Send Us Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-434

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

  continue reading

477 afleveringen

Artwork
iconDelen
 
Manage episode 429609516 series 2632451
Inhoud geleverd door BiggerPockets. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door BiggerPockets of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Home renovation projects aren’t cheap, and it’s easy to let your budget spiral out of control if you’re not careful. Fortunately, we have several tips, tricks, and hacks that will help you save a fortune on your rehabs—from finding deals on materials to an investor hack that gives you money back every time you place an order!

Welcome back to another Rookie Reply! Are you investing out-of-state? We’ll show you how to find, vet, and manage contractors from miles away in today’s episode. Not sure if you’re ready to buy your next rental property? In this episode, we’ll break down a listener’s financials and help them (and you!) make the right choice. But that’s not all. Perhaps you’ve thought about renting by the room to help cover your mortgage but don’t know whether house hacking is for you. Make sure you listen to Ashley and Tony’s advice before diving in!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

In This Episode We Cover

The BEST places to find materials for your home renovation projects

How to save money on material orders with THIS investor hack

When to buy your NEXT property (and why you always need an exit strategy!)

How to find, vet, and manage contractors when investing out-of-state

What you MUST know before using the rent-by-the-room investing strategy

And So Much More!

(00:00) Intro

(01:01) Rent-By-The-Room Strategy

(08:30) BEST Places to Buy Materials

(16:35) Should I Buy Another Property?

(21:39) Managing Contractors Remotely

(34:32) Send Us Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-434

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

  continue reading

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