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 Learn more about your ad choices. Visit megaphone.fm/adchoices