Episode #348

Ready to grow your real estate business in 2024? With another year in the rearview, it’s time to start dreaming of what your business could become in the next twelve months. Whatever success looks like to you, it starts with careful planning!

Welcome back to the "Real Estate Rookie" podcast! Today, Ashley and Tony are taking some time to reflect on the past year. As you’d imagine, there have been all kinds of challenges faced, mistakes made, and lessons learned. But there have been plenty of HUGE wins, too! Tony talks about how he spent much of 2023 ending a partnership and restructuring his entire business. Meanwhile, Ashley shares how she launched her own property management company and implemented new systems to make her life easier!

Whether you’re planning to buy your first rental property in 2024 or setting new goals for your business, this episode is loaded with tips to help you take the next step in your real estate journey. You’ll learn how to create an organizational chart, hire your first employee, finetune your business’s standard operating procedures (SOPs), and more!

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Join BiggerPockets for FREE
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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Find an InvestorFriendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find InvestorFriendly Lenders:
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Books Mentioned in This Episode:
“Real Estate Partnerships”: https://biggerpockets.com/partnership...
“The EMyth Revisited”: https://www.amazon.com/MythRevisited...
“Clockwork”: https://www.amazon.com/ClockworkDesi...
“Traction”: https://www.amazon.com/TractionGetG...
“Buy Back Your Time”: https://www.amazon.com/BuyBackYour...
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How to Work LESS and Earn MORE by Putting “Profit First” in Real Estate: https://www.biggerpockets.com/blog/ro...
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How to Build Effective Systems in Your Real Estate Business:
https://www.biggerpockets.com/blog/ho...
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or   / wealthfromrentals  
Tony: @tonyjrobinson or   / tonyjrobinson  

Show notes at: https://link.chtbl.com/Rookie


00:00 Intro

04:56 Rebuilding Tony’s Business?!

09:58 Why You NEED an Organizational Chart

15:58 Hiring Your FIRST Employee

22:59 Ashley’s Property Management Company

28:26 How to Effectively Manage Your Team

39:18 Ashley’s Goals for 2024