6 Things New Investors Should Be Doing Right Now

If you've been telling yourself, "I'll invest in real estate when prices come down," well... that time may be coming. So, what should rookie real estate investors be doing now to prepare? Today we outline six action items—from shoring up your financial position to making yourself an attractive partner. Also, we bring back the "Rookie Request Line" so you can hear Ashley and Felipe's answers to a few questions from the audience. If you feel stuck, fearful, or just restless while you're cooped up inside... then check out this episode and take action! If you're enjoying the show, please take 30 seconds to give us an honest review on Apple Podcasts. See you next Wednesday! In This Episode We Cover:How to secure long-term debt nowHow to make yourself bankableWhy now is the perfect time to practice analyzing dealsWhy you should take a fresh look at your tenants' leasesHow to make yourself an attractive real estate partnerWhat balloon payments are and how to plan for themEmergency preparedness proceduresGetting your mindset right before jumping into real estate investingAnd SO much more! Links from the ShowReal Estate Rookie Facebook GroupDave RamseyApartments.comRookie Podcast 03: Coronavirus Crash? Dos and Don’ts from Recession Veterans Joe Asamoah and Steve RozenbergRookie Podcast 06: The Ultimate Beginners Guide to Tenant Screening with Lucas Hall Check the full show notes here: http://biggerpockets.com/rookie7

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Ready to build your real estate empire… but not sure where to begin? Think of us as your personal trainer. From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask. Looking to 10X your real estate investing business this year? This show isn’t for you. Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up.  Every Monday, Wednesday and Friday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.