Episode Details

Difficult Tenants, Taking on Investors, & Leaving a Safe Job for Real Estate | Q&A w/Rob Abasolo

Episode 564 Published 4 years, 4 months ago

Description

Bad tenants? Funding hiccups? Scaling too fast? These are just some of the problems real estate investors have to deal with every day. What’s the prize for all this work? Financial freedom, personal fulfillment, and the time to do what you want, with who you want, wherever you want! It’s no surprise that real estate investing is one of the best ways for the average person to build wealth. But what do you do when things go wrong?

Expert investor, agent, lender, and podcast host, David Greene, is joined by short-term rental pioneer and YouTube personality, Rob Abasolo, to answer questions from rookie and veteran investors. These questions are thrown at our experienced hosts without any prep, allowing them to come up with quick solutions that could answer a question you’ve been wishing someone would ask.

David and Rob touch on topics that almost every investor will deal with, such as: how to take on private money for the first time, creative ways to fund your rehab, tips for setting up a short-term rental, when to quit your job and pursue real estate full-time, and how to get rid of headache tenants.

In This Episode We Cover:

Should you own real estate in an LLC or in your personal name?

How to legally (and ethically) raise private capital for real estate deals

The best ways to fund a rehab, especially when you’re low on cash

The biggest mistake that short-term rental hosts make when setting up their first rental

Valuing your time vs. money and when to quit your W2

Inheriting tenants and what to do when renters won’t pay on time (or at all)

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Rent Estimator

BiggerPockets Forums