Dawn Brenengen is a broker & owner of Trailwood Realty.
Dawn Brenengen’s money story begins a bit differently than most. Dawn’s parents shared their finances with her. She knew what things cost, she knew her parents worked hard to pay off their mortgage, and she saw her mother writing checks to pay bills every month. She went to college and graduated with relatively little debt—around $21,000 in student loans and credit cards combined. After graduation, she stayed at her low-paying college job until her father suggested she get a real estate license. Dawn completed the work for the license and got a job making almost the same money, working for a builder and selling their new homes. But she was the assistant to the agents who were making the BIG BUCKS, and she knew that’s what she really wanted to be doing. At the time, real estate agents were eligible to take the test to open up their own brokerage simultaneously with the licensing test, so she did that. While working as an assistant, she laid the groundwork to strike out on her own, eventually ramping up her income to multiple six-figures—with virtually limitless potential. Here Dawn share her story of how hard work and determination paid off tenfold—and all in just four short years! In This Episode We Cover: Dawn's background with money How she grew up in a financially literate household The debts she accumulated during and after graduating college How she paid off her debts Is it possible to invest your student loan? What happened after she got her real estate license How she got serious about making money and building her financial position Having a goal to get a job where she was making a bulk of the commission Started her own brokerage business on 2010 People she recommend to hire out on starting a business How much time and money needed on starting a business The benefits of having a business partner Applying all the money she makes in terms of her wealth building philosophy Dawn's investment approach Private lending on her surplus cash What a private lending is Her annual spending and her income And SO much more! Links from the Show BiggerPockets Forums Mr money Mustache Frugality as a Muscle - Mr. Money Mustache BiggerPockets Money Podcast 26: Graduating College on Track for Financial Independence with Cody Berman
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!In This Show We Cover:How Dawn got started in real estateThoughts on being a licensed real estate agentThe qualities that make a successful agentA real estate agent’s perspective on what investors are looking forThe 2% rule — and how to know when to bend itImportance characteristics of a great propertyThe process of “house hacking“What you need to know about property managementHow to handle tenant issues with graceThe process of qualifying tenantsDifferent perspectives on owning a homeThe ins and outs of establishing relationships with property managersThe pros and cons of self management versus hiring the job outTenant red flags and finding the ideal tenantPlus MUCH more!Links From the Show:The Real Estate Agent’s Ultimate Guide to Working with InvestorsBrandon’s article on House HackingPodcast Episode with Chris ClothierBP Podcast Show 100Resident ResearchList HubZillowTruliaCraigsListBiggerPockets ForumActiveRainBe a Guest on the PodcastBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiLean In: Women, Work, and the Will to Lead by Sheryl SandbergI Shouldn’t Be Telling You This by Kate WhiteConnect with DawnDawn’s BiggerPockets ProfileDawn’s FacebookDawn’s LinkedInDawn’s Website
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Creator Details

Episode Count
2
Podcast Count
2
Total Airtime
2 hours, 15 minutes