12 Expert Real Estate Investing Tips With Alyssa Rispoli

Welcome to RentRedi’s series: Investor Spotlight! Today, we’re featuring Alyssa Rispoli.

We’re highlighting experts & their real estate investing tips for beginners—from the experts.

Our Investor Spotlight features quickfire questions about the tools, advice, routines, and strategies real estate beginners & professionals use to grow their business and gain passive income.

Investor Spotlight: Alyssa Rispoli

Alyssa Rispoli is a female real estate investor and entrepreneur. Let’s dive in!

Quickfire Real Estate Investing Tips for Beginners

Google Calendar. I need it for everything!

2. How many hours a night do you sleep?

7-8

Your mindset is the most powerful thing you have.

4. Do you invest out-of-state?

I have done deals out of state, but am currently focused on my local market.

5. Have you ever house hacked?

No, but I think it is a great idea.

6. Do you have a go-to paint color for your rentals?

I let my contractors decide! I focus on what I am good at and stay in my lane.

7. How long does it take you to analyze a property for investment?

Usually 10 to 20 minutes. It is all a numbers game. Once numbers are run, we make our offers and will do more due diligence if our contract is accepted.

8. How old were you when you purchased your first rental property?

29 or 30. I FORGET OMG.

9. Hard money loan or conventional?

Cash money, baby! Wholesale stack cash, buy rentals. That is my recipe.

10. What is the #1 piece of advice you would give a new real estate investor just starting out?

Find a mentor. Investing in your education.

11. What made you want to invest in real estate?

I read a lot of books about millionaires, and they all spoke about real estate.

12. What’s a landlord “hack” you use to make your life easier?

You make your money when you buy real estate. Whether you use it as a rental, wholesale, flip, it is all about how you buy. Have an exit strategy in place and run your numbers on rentals in worst case scenario situations, that way you always win.

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Check out RentRedi’s YouTube channel as well!

Read more Investor Spotlight profiles that feature real estate investing tips for beginners.

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Easy, Affordable Insurance Solutions for Rental Property Owners

Steadily provides fast and convenient online quote estimates in minutes and connects with licensed landlord insurance experts. Get competitive rate options for many types of rental properties, which helps landlords access affordable coverage in 50 markets nationwide. Learn more.

Market Analysis Has Never Been Easier & More Affordable

BrightInvestor helps you find the best real estate markets, get MLS access, source off-market deals all in one place. Learn more.

Struggling To Find Good Landlord Insurance?

Honeycomb provides better coverage and clarity at a fraction of the cost. Get Property & Casualty insurance for landlords, PMs, & owners. Insurance reinvented! Learn more.

Protect Your Property—Without Increasing Operating Expenses

TheGuarantors provides two types of coverage in one simple solution: rent and deposit coverage which protects you from rent defaults, vacancies, lease breaks, damages, and more. Eliminate the need for co-signers and guarantors. TheGuarantors platform is free for landlords and affordable for renters! Learn more.

Easy, Affordable Insurance Solutions for Rental Property Owners

Steadily provides fast and convenient online quote estimates in minutes and connects with licensed landlord insurance experts. Learn more.

Market Analysis Has Never Been Easier & More Affordable

BrightInvestor helps you find the best real estate markets, get MLS access, source off-market deals all in one place. Learn more.

Struggling To Find Good Landlord Insurance?

Honeycomb provides better coverage and clarity at a fraction of the cost. Get Property & Casualty insurance for landlords. Learn more.

Protect Your Property—Without Increasing Operating Expenses

TheGuarantors provides rent and deposit coverage in one simple solution that protects you from rent defaults, lease breaks, and more. Learn more.