Not knowing the difference between a “good” real estate deal and a “bad” one keeps many rookies on the sidelines. If this is the one hurdle preventing you from buying your first rental property, don’t worry—today’s episode will give you the confidence to find, analyze, and buy a great deal in 2026!
Welcome back to another Rookie Reply! We’ve got three new questions from the BiggerPockets Forums, the first of which comes from someone who’s struggling to find the right investment property. As you’re about to hear, a good deal for one person might be a bad deal for another, so the key is pinning down your real estate investing goals. We’ll show you how to do just that and provide you with a few key metrics and rules of thumb to make your decision a little easier!
Next, do you need to hire a general contractor when renovating a house, or can you oversee the work yourself? The answer is more nuanced than you probably think. Finally, we’ll tackle every rookie’s million-dollar question: Is now the best time to invest in real estate, or is it safer to wait out 2026? We set the record straight!
Ashley:
What if the only thing keeping you from your first deal is not knowing what a good deal actually looks like,
Tony:
Or maybe you’ve got your first flip lined up, but you can’t decide if you really need a general contractor or if you can manage it yourself.
Ashley:
And finally, the million dollar question every rookie is asking is now the right time to buy. We’re answering all three of those questions and helping you make smarter moves in any market. This is the Real Estate Rookie podcast. I’m Ashley Kehr.
Tony:
And I’m Tony j Robinson. And with that, let’s get into today’s first question. Now this question comes from Eric in the BiggerPockets forms, and his question is, I’m new to real estate investing and just finished reading Brandon Turner’s book on investing with no Money Down. I found myself particularly interested in multifamily…