056: Learning How to Be Powered by Partnerships with Ashley Kehr

Get ready for a thrilling exchange with real estate investment virtuoso Ashley Kehr, the co-host of Bigger Pockets' Real Estate Rookie and author of Real Estate Rookie, 90 Days to your First Investment. Having jumped into the real estate world with no prior experience and coming out at the other end with more than 30 units to her name, Ashley is an inspiration for rookies and seasoned investors alike. She discusses her journey from an accountant to a property manager and eventually a successful investor. Learn how her accounting background was vital in managing properties effectively and why good bookkeeping is essential for every real estate venture. Ashley shares her insights from attending the Maui Mastermind, which completely transformed her perspective on investing and set her on the path to success. She emphasizes the significance of focusing on the cash flow per deal rather than just the number of units and the value of robust systems to scale your real estate business. The conversation also delves into the significance of trusting your instincts when it comes to vetting potential partners and contractors and the outcomes of such decisions. Networking and collaboration are at the core of the real estate world, and Ashley provides valuable insights into the power of both. She discusses understanding your investment markets and why you need to diversify to mitigate risk. With her experiences ranging from Airbnb arbitrage to medium-term rentals, she shares how she finds value in properties overlooked by others. It's a gripping tale of how she purchased a four-unit investment property for a mere $20,000 that appraised for $220,000, showcasing the exponential potential of savvy real estate investments. In this episode, you will hear: Ashley Kehr’s journey from an accountant to a successful real estate investor How her accounting background played a crucial role in managing properties effectively, and why you need good bookkeeping in real estate ventures Her transformative experience at the Maui Mastermind that focused on the importance of cash flow per deal and having robust systems in place to scale your real estate business The significance of trusting your instincts when vetting potential partners and contractors in real estate investments Ashley’s perspective on the power of networking and collaboration in the real estate world and why you have to understand your investment markets Her experience with Airbnb arbitrage and medium-term rentals, finding value in overlooked properties One of Ashley’s successful investment stories -- purchasing a four-unit property for $20,000 that appraised for $220,000, showcasing the potential of savvy real estate investments Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/056 to download it. Supporting Resources: Ashley Kehr’s website - www.ashleykehr.com Her YouTube Channel - www.youtube.com/channel/UCuWeKxHjh-vhWX7U9pAQiZQ Find Ashley on Facebook - www.facebook.com/wealthfromrentals Ashley Kehr on Instagram - www.instagram.com/wealthfromrentals Real Estate Rookie - store.biggerpockets.com/products/real-estate-rookie Powered by Partnerships by Tony Robinson - www.barnesandnoble.com/w/powered-by-partnerships-tony-robinson/1143049466?ean=9781960178046 Bigger Pockets Interactive Bootcamps - get.biggerpockets.com/fall-interactive-pro-2023 Website - www.streamlined.properties YouTube - https://www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties   Episode Credits: If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.