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Episode #570 Simplify How You Manage Your Rentals (For Free!) with TurboTenant!: https://www.turbotenant.com/biggerpockets/?utm_source=biggerpockets&utm_medium=affiliate&utm_campaign=video&utm_content=%5BXXX%5D Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Personal Finance Classic, “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Sign Up for the Real Estate Rookie Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Real Estate Rookie 320 - How to Work LESS and Earn MORE by Putting “Profit First” in Real Estate: https://www.biggerpockets.com/blog/rookie-320?utm_source=youtube&utm_medium=description&utm_campaign=none Try the BiggerPockets Calculators: https://www.biggerpockets.com/calculators?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Amberly: https://www.biggerpockets.com/users/amberlygrant?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Money—it’s the number one thing that keeps new investors from buying a rental property. Maybe you’ve got your market and buy box figured out, but the finances? Not so much. But not to worry—today, we’ve brought a personal finance expert on to help with these common challenges. Whether you’re starting from zero or already working hard to build a financial foundation, this episode is for you! Welcome back to the “Real Estate Rookie” podcast! Amberly Grant, fellow real estate investor and co-host of the “BiggerPockets Money” podcast, joins the show to share her own personal finance tips for someone who’s looking to break into real estate investing. Whether you’re deep in debt or struggling to save, Amberly has been in your shoes and provides a clear blueprint anyone can use to get from point A to buying a rental in record time. Along the way, we’ll point out some financial red flags that could be keeping you broke and show you how to break free. We’ll also share with you how to create an anti-budget that makes saving easy, the best place to stash your real estate funds, and creative ways to increase your income so you can throw even more money at that first down payment! 00:00 Intro 01:26 Personal Finance Journey 04:17 How to Stay Flexible 09:00 Next Steps for Rookies 15:22 Biggest Financial Red Flags 18:41 Paying Yourself First 23:50 Scaling Back Your Investments 26:37 Building a Diversified Portfolio 32:08 Our Book Recommendations! 36:32 Connect with Amberly!