From Real Estate Agent to Profitable Landlord with Dawn Brenengen

In This Article

Ever wonder what real estate investing looks like from a real estate agent’s perspective?

On today’s episode of the BiggerPockets Podcast, we sit down with Dawn Brenengen, a real estate agent-turned-landlord and discuss how she made the transition into the investing world, as well as her tricks and tips for success as a landlord. Along with important insight into the real estate licensing process, Dawn covers property management, house hacking, and a whole lot more! Listen for advice on finding a great property, handling everyday rental issues and finding that elusive “ideal” tenant. And in case you were wondering when it’s appropriate to bend the “2% Rule” — this episode explores that, too!

Whether you have experience as a real estate agent or not, don’t miss this inspiring show!

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Sponsor

We just wanted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!

Learn more by visiting RealtyShares.com/biggerpockets!

In This Show We Cover:

• How Dawn got started in real estate
  
• Thoughts on being a licensed real estate agent
• The qualities that make a successful agent
• A real estate agent’s perspective on what investors are looking for
• The 2% rule — and how to know when to bend it
• Importance characteristics of a great property
• The process of “house hacking“
• What you need to know about property management
• How to handle tenant issues with grace
• The process of qualifying tenants
• Different perspectives on owning a home
• The ins and outs of establishing relationships with property managers
• The pros and cons of self management versus hiring the job out
• Tenant red flags and finding the ideal tenant
• Plus MUCH more!

Links From the Show:

• The Real Estate Agent’s Ultimate Guide to Working with Investors
• Brandon’s article on House Hacking
• Podcast Episode with Chris Clothier
• BP Podcast Show 100
• Resident Research
• List Hub
• Zillow
• Trulia
• CraigsList
• BiggerPockets Forum
• ActiveRain
• Be a Guest on the Podcast

Books Mentioned in the Show

• Rich Dad Poor Dad by Robert Kiyosaki
• Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg
• I Shouldn’t Be Telling You This by Kate White

Connect with Dawn

• Dawn’s BiggerPockets Profile
• Dawn’s Facebook
• Dawn’s LinkedIn
• Dawn’s Website

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.