Real Estate Rookie 37: New Co-host Tony J Robinson: Scaling with Short-Term Rentals
Big news: previous guest Tony J Robinson is back... he's now your new co-host alongside Ashley.
Today, you'll get reacquainted with Tony and learn how he rapidly expanded his portfolio this year. In fact, he went from owner of 2 houses when he appeared on the show in March... to closing on his 7th property (!) next month.
...How tho? Tony spells it out today: from finding new financing options in Louisiana (he lives in Southern California), to breaking into the short-term rental game in the Great Smoky Mountains of Tennessee and Joshua Tree, CA.
Plus: a next-level tip we haven't heard before: using a line of credit against your stock portfolio (rather than a property) to free up short-term cash.
We're excited to have Tony on board; get to know him in this episode, and we'll see you next week!
In This Episode We Cover:
- Investing in short-term rentals in 2 locations 2,000 miles apart
- Using 10% down vacation home loans to buy Airbnb's
- Self-managing Airbnb's using automation and pricing software
- Why short-term rentals fit Tony's personality and skill set
- Getting his fiancé involved in his real estate investing business
- Borrowing money against a stock portfolio
- Taking the leap to buy a property "sight unseen"
- His plan to buy a short-term rental every 3 months
- And SO much more!
Links from the Show
- Real Estate Rookie Facebook Group
- Ashley's Instagram
- Rookie Podcast 10: 2 Long-Distance Rentals with $0 Down with Tony Robinson
- BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl
- Airbnb App
- PriceLabs
- Smartbnb
- HorseflyRealty
- David Greene's BiggerPockets Profile
- Rookie Podcast 34: School Teacher Making $72,000 a Year in Cashflow with Amy Barber
- Nerds Guide to FI
- Rookie Podcast 23: From Dave Ramsey Disciple to No-Money-Down Real Estate Investor with Sarah Brandenberger
- Ryan Dossey's Instagram
Check the full show notes here: http://biggerpockets.com/rookie37
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