121: 10 Units in Multiple States, All in Just Under 2 Years!

Tony Robinson has some great ideas, like creating a short-term rental empire in both Joshua Tree, California, and the Smoky Mountains over in Tennessee. Tony talked so highly of the latter investing region, that today’s guest, Cale Delaney decided to pack his whole family into the minivan and make the 10+ hour drive to check out the area. Shortly after, Cale was under contract for not one, not two, but three cabins! This wasn't Cale’s first experience with real estate investing. Back at the beginning of 2020, Cale had a mental shift where he realized that real estate could be the key to setting him financially free. He scoured homes all over his area of Florida until he came across a fourplex which rejected one offer from him but later accepted another. He made three of these units long-term rentals, and the other one a short-term rental. Cale went from zero to ten units in only a year and a half or so, without a ton of management experience of extravagant funding. If he can do it, you can too! In This Episode We Cover How to get your first property under contract, even if you keep getting rejected Managing locally before stepping into long-distance investing How a quick closing can lead to more deals in your pipeline Getting off-market properties under contract even in a competitive area Financing real estate investments using conventional loans, HELOCs, and more Scheduling time now to plan for freedom tomorrow And So Much More! Links from the Show Real Estate Rookie Youtube Channel Ashley's Instagram Tony's Instagram Real Estate Rookie FaceBook Group Airbnb Google Maps Zillow MLS BiggerPockets Podcast Hospitable PriceLabs Stessa Quickbooks RUBS Host Financial Visio Lending LendSimpli Rookie Podcast 51: 18 Deals in 2 Years AND a Full Time Job with Kevin Christensen BiggerPockets Forums Facebook Marketplace Craigslist Check the full show notes here: https://www.biggerpockets.com/rookie121 Learn more about your ad choices. Visit megaphone.fm/adchoices