Normally we have two hosts and one guest, but today we have three hosts, and one of them also happens to be a guest. We welcome Tony J Robinson, host of the Bigger Pockets Real Estate Rookie Podcast, to the show! Tony has gained a respectable following thanks to his impressive short term rental portfolio, to be able to scale quickly, and his voice made for radio.
Tony grew up with real estate around him. His father had a wholesale, and when it was closed, his father told Tony that his… biggest mistake was not keeping any of the wholesale deals as rentals. With this advice in mind, Tony saw an opportunity to do some sprucing up Louisiana Rentals. This gave him an introduction to real estate financing, and after a few successful deals he decided to dive in first.
Now Tony . has short term rentals in Tennessee and Joshua Tree. He has started multiple partnerships and talks about the benefits of reliable, trustworthy partners, plus how to avoid toxic partnerships that keeps you from scaling. He also tells us about his free and easy method of finding out if a market is working for short-term rentals.
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In this episode we cover:
- The importance of having cash flow passive income
- Why would you? never treat a rental property as your primary residence
- Buying in markets that are heavy dependent on tourism
- How to make a strong, stable and reliable partnership
- The risk versus benefits of short term rental
- Investing in long distance real estate as a novice investor
- And so much more!