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cover of episode 7 Money Moves to Buy Your First Rental Faster

7 Money Moves to Buy Your First Rental Faster

2025/6/4
logo of podcast Real Estate Rookie

Real Estate Rookie

AI Deep Dive AI Chapters Transcript
People
A
Amberlee Grant
A
Ashley Kerr
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Tony J. Robinson
Topics
Ashley Kerr: 我认为本期节目旨在帮助听众解决首次购房的资金问题,通过邀请个人理财专家Amberlee Grant,为大家提供实用的财务建议,即使是那些不擅长预算的人也能从中受益。 Tony J. Robinson: 我觉得本期节目不仅提供概念和框架,更重要的是,它将提供实际可操作的策略,让听众可以立即采取行动,为购买第一套或下一套出租房做好准备。Amberlee Grant本人也曾负债累累,但她成功摆脱困境,她的故事将为大家带来启发。 Amberlee Grant: 我认为在财务规划中,灵活性至关重要。2020年疫情期间,我的短租业务受到严重影响,但我没有惊慌失措,而是积极寻找解决方案,例如将房产出租给旅行护士等。此外,我也建议大家诚实面对自己的财务状况,制定合理的预算,并尽可能增加收入来源。与贷款人沟通,了解自己实际能负担的范围,并利用电子表格等工具进行详细的成本计算。

Deep Dive

Chapters
This chapter explores Amberly's personal journey of overcoming a significant financial setback during the pandemic, highlighting her resourceful strategies and mindset shift in pivoting to long-term rentals, and ultimately achieving financial recovery. It emphasizes the importance of flexibility and a bias for action in navigating unexpected challenges.
  • Overcame a $80,000 loss from a failed short-term rental investment.
  • Successfully pivoted to long-term and mid-term rentals.
  • Emphasizes the importance of flexibility and a bias for action in overcoming financial adversity.

Shownotes Transcript

Money—it’s the number one thing that keeps new investors from buying a rental property). Maybe you’ve got** your market and buy box) figured out, but the **finances? Not so much. But not to worry—today, we’ve brought a personal finance expert on to help with these common challenges. Whether you’re **starting from zero or already working hard to build a **financial foundation), this episode is for you!

 

Welcome back to the Real Estate Rookie** podcast**! Amberly Grant, fellow real estate investor and co-host of the BiggerPockets Money** podcast**), joins the show to share her own personal finance tips for someone who’s looking to break into real estate investing). Whether you’re deep in debt or struggling to save, Amberly has been in your shoes and provides a clear blueprint anyone can use to get from point A to buying a rental in record time.

 

Along the way, we’ll point out some financial red flags that could be keeping you broke and show you how to break free. We’ll also share with you how to create an anti-budget that makes saving easy, the best place to stash your real estate funds, and creative ways to increase your income so you can throw even more money at that** first **down payment)!

In This Episode We Cover

How to save for your first rental property—even if you’re starting from scratch

Simple steps you can take today to get your financial house in order

The financial red flags that could be keeping you broke (and how to break free)

Creating an anti-budget that fast-tracks saving for a down payment

How to diversify your investment portfolio) (beyond real estate!)

And **So **Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-570)

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

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