BiggerPockets Real Estate Podcast
BiggerPockets Real Estate Podcast
BiggerPockets
186: How to Get Your First Few Properties - Even in a Competitive Market with Dave Meyer
1 hour 10 minutes Posted Aug 3, 2016 at 11:00 pm.
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Show notes

There are a lot of excuses people use for why they don’t invest in real estate. Maybe they work too much. Maybe they don’t have any money. Maybe the market is too hot. But some — like our guest today — don’t let those difficulties stop them. Instead, they use creativity to overcome obstacles and build a real estate empire. So today on the BiggerPockets Podcast, we are excited to introduce you to Dave Meyer, an investor from the Denver market, who shares his story of buying eight units using creativity, intelligence, and in incredible level of hustle!

In This Episode We Cover:

  • Who exactly Dave, the VP of Growth for BiggerPockets, is
  • How his silly neighbor unintentionally encouraged him to buy a house
  • Why he chose his friend as a partner
  • The details of his first deal
  • What he looked for in his first deal
  • The numbers on that deal
  • Would it still be a great deal without the appreciation in Denver?
  • How he raised his funds for this project
  • The importance of acting on opportunities now
  • Who manages his properties?
  • How a tenant built a staircase for him
  • How you can learn the market by working hands-on
  • How Dave bought properties while waiting tables
  • His first experience with house hacking
  • Tips to keep in mind regarding zoning when finding properties
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “If you have an opportunity, you’re a fool to ignore it. Find a way to do it.” (Tweet This!)
  • “You learn a tremendous amount if you do hands on things such as screening the tenants, doing the open houses. You learn the market and what people want.” (Tweet This!)
  • “Find the deal and figure out how to get the money to make it happen.” (Tweet This!)
  • “Once you start owning, it feels weird to start paying someone else to live in their house.” (Tweet This!)

Connect with Dave

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