Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the 1.3 million members who are learning to invest so they need bigger pockets! Visit biggerpockets.com, and follow Brandon Turner @BrandonAtBP on Twitter and @beardybrandon on Instagram, and David Greene @DavidGreene24.
All the BiggerPockets podcast hosts on stage in one place!
This bonus episode was recorded at the BiggerPockets Conference 2019 on October 7th in front of a live audience of more than 1,000 people at the Gaylord Opryland Resort in Nashville, Tenn.
We turned the mics over to our members, who fired a bunch of great questions at Scott Trench and Mindy Jensen, Brandon Turner and David Greene, Joshua Dorkin, and J and Carol Scott.
Our panelists covered some nitty gritty real estate topics, like tackling vacancy and how to invest IRA funds, as well as big-picture concepts like motivation, marketing, and teaching family members the importance of investing at an early age.
Also, everyone reveals which animal they would be if they had to choose, and a member of the audience challenges David Greene to produce an analogy on the spot. Listen to find out whether he performed under pressure!
Our first conference in seven years was a big success, and we’re so thankful to everyone who came out to learn, network, and have a great time.
Download this bonus episode, and be sure to subscribe to all three shows BiggerPockets Real Estate Podcast, BiggerPockets Money Podcast, and BiggerPockets Business Podcast so you won't miss an episode.
Stop whatever you are doing and download this episode right now!
Today’s show is highly likely to change your life in ways you may not have even realized it needed changing! Brandon and David sit down for an amazing interview with Ryan Holiday, keynote speaker and bestselling author of Ego Is the Enemy, The Obstacle Is the Way, and Stillness Is the Key.
And Ryan does not disappoint! You will be blown away with his advice regarding how we talk ourselves into buying deals we know we shouldn’t, how he conducts cost/benefit analysis on different opportunities that come his way, and how he’s learned to avoid “success” when it will cost him more than it’s worth.
Ryan also shares some mind-blowing knowledge about why we make bad decisions; why working harder isn’t always better; and how to identify virtues or skills you are lacking in a given situation, so you can figure out the path to the result you want. In addition, he shares how he models himself after the best and brightest minds he knows, how he believes in the power of journaling, and how important it is to put your strongest energy into the pursuits that will yield the highest ROI.
This show is simply an incredible breakdown on human performance, goal setting/reaching, and using real estate to accomplish what really matters in life.
Download this one today and buckle your seat belt!
In This Episode We Cover:How to let your individual trials help you grow by how you respondHow to recognize why you made bad decisionsHow to avoid worse decisionsWhy he invests in short-term rentalsWhat he means by “stillness is the key”How to become something betterWhy “working harder” isn’t always the best answerHow success can actually become a trap for usHow our best ideas can come from time away to thinkHow to model ourselves after the best, brightest, and most successful mindsWhy he believes so much about the power of journalingHow to create routines that free your mind to reach new heightsHow to put your energy into efforts that lead to a better ROI on your timeAnd SO much more!
Links from the ShowBiggerPockets ForumsAudible TrialBiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal NewportAmerican ApparelBiggerPockets Youtube ChannelBiggerPockets InstagramBrandon's InstagramDavid's Instagram
Listen on BiggerPockets: http://biggerpockets.com/show351
Ever wanted to break into real estate but just weren’t sure how to take that first step? You're not alone!
Almost all investors struggled with their first deal. But today’s guest may be just what you needed to get your foot in the door! On today’s show, Brandon and David dive deep into the mind of Craig Curelop, the author of BiggerPockets Publishing's new book The House Hacking Strategy.
Craig shares some incredible advice on how he eliminated his living expenses and earned as much as one could from a full-time job through house hacking—all by age 26! Craig breaks down just how simply you can get your first property with less than 5 percent down and turn it into a wealth-building machine that will help you achieve a “return on your potential” you may not have realized you’re currently lacking.
You’ll learn what to look for in a house hack, how to find the “path of progress” to start your search, and which straightforward criteria we can all use when searching for deals. You’ll also hear how to make “hedonic adaptation” work for you, how to exchange comfortability for profitability, and how to decide which property would work best for your specific situation.
We ALL want to own more real estate, and we all need somewhere to live. On today’s show, you’ll learn how to combine those two needs to build wealth and save money at the same time.
Download this one today!
In This Episode We Cover:Why he left Silicon Valley to build wealth through real estateHow he bought his first house hack Why house hacking is so effective for establishing financial freedomHis scale of comfortability vs. profitabilityWho should house hackWhy expensive markets are the best places to build wealth through real estateThe importance of solid metrics in a potential house hackHow he gets in front of the “path of progress” to maximize returnsHow to take advantage of low down payment options to snag properties that earn incomeHow house hacking allows you to find the “return on your potential”How to make “hedonic adaptation” work for you, not against youAnd SO much more!
Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 252: House Hacking (Your First Deal) & Life Hacking with Craig CurelopBiggerPockets Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichZillowXero Accounting Software
You can listen on BiggerPockets here: http://biggerpockets.com/show350
Apartment flipping from one of the best in the biz!
On today’s show, Brandon and David sit down with Nathan Tabor, a well-known multifamily investor who has done 26 multifamily flips in less than 10 years! You will love this informational and oftentimes hilarious episode, where Nathan shares some fantastic advice on how to flip apartments for big returns, what to look for in a deal, and which five incredible pieces of due diligence every investor needs to know.
You’ll also love his straightforward direction regarding questions to ask the county zoning department, great advice for raising money, and some mind-blowing insight into who actually owns fire hydrants!
This show is a very fun listen with tons of talk about dealing with rejection, finding the niche that’s perfect for you, and applying information you already know. Nathan's story is sure to change your mindset and confidence when it comes to taking action in your life. Make sure you listen today!
In This Episode We Cover:How title insurance worksHow to check with the zoning department to make sure you don’t get burnedHow to file a claim for title insuranceHis fantastic advice for due diligence checklistsHis advice for finding your nicheThe benefits of niching downHow to find your passion and inner focusHow to handle the fear of rejectionThe key to applying information you have in your life alreadyHow to flip an apartment or apartment complexAdvice for raising moneyHow to understand what a cap rate isWhy multifamily may be less risky than single familyAnd SO much more!
Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramBiggerPockets SignupJoe Fairless Denver ConferenceLoopnetBiggerPockets Podcast 345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!)Up MovieGoogle Business TemplateApartments.comForrent.com
Today’s guest is proof rental property investing can be fun, rewarding, and—with the right systems in place—totally doable… even with a job and a family.
Ashley Kehr sits down with Brandon and David and shares some great advice for building a rental property portfolio without much hassle or headache! Ashley manages all her own rentals and discusses the top three apps she uses to do it with ease. She also shares how she structures her partnerships, how she pitches her deals, and how she’s finding deals in today’s hot market.
Ashley gives great advice for what most newbies get wrong about investing, which apps she uses to find off-market property owner info, and how she uses her children to help her find potential deals! Plus, you won’t want to miss how Ashley helped her sister buy a duplex (and spend just $45 a month to live there), as well as how she bought a property no one else wanted, pulled $6,000 more out of it than she put in, and created a cash flow of almost $1,000 a month!
Today’s show is fun, entertaining, and full of great advice for investors of all levels. Download this one today!
In This Episode We Cover:3 apps Ashley uses to remove herself from the businessHow she uses technology to systemize her rural businessHow she structured her first partnerships (with ease!)Where she's finding dealsHow she used her current job and boss to get into investingWhat newbies get wrong about the reality of investingHow she uses apps to find off-market dealsUsing her children to find deals while driving in the car (a fun family game!)How she helped her sister buy a duplex at 20 years oldHow she bought a property for each of her kidsHow she set it up to be paid off and refi-ed by collegeHow she uses a commercial line of credit to borrow money to buy new propertiesHow she finds properties on the MLSWhy she always tells everyone she buys rental propertiesWhat her favorite parts of the business areHow she bought a property no one else wanted for $35K, pulled out $6K more than she put in, and cash flows almost $1K/monthAnd SO much more!
Links from the ShowBiggerPockets Conference (Last Chance!)BiggerPockets ForumsBiggerPockets WebinarBiggerPockets InstagramBiggerPockets Twitter ProfileBiggerPockets ProBuildiumAppFolioOne DriveGoogle DriveGoogle VoiceEverlanceLandglideOnX MapsZillowBiggerPockets Podcast 346: 34 Units & 6-Figure Wholesale Fees (at 20 Years Old!) with Josiah PottBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBrandon's InstagramDavid's Instagram
Check the full show notes here: http://biggerpockets.com/show348
On today’s show, a married couple who scaled to 5,000 units together!
Brandon and David interview Mark and Tamiel Kenney, a husband and wife team who buy large apartment complexes through the power of syndication. This mighty couple shares some great insight into how to find the right partner, how to set expectations with your agent (or team member) in the beginning, and how coming up with strict criteria helped them overcome their fear of getting started.
You’ll love their advice on what they learned in the first 12 months to help them land their first deal, how they split profits with investors, and which are the most important fundamentals for any multifamily investor to learn. You DO NOT want to miss their advice on following up after meeting with brokers or investors. Plus, they reveal the most common trait successful syndicators share.
Mark and Tamiel go on to share how they’ve struggled with—and overcome—the difficulties of balancing a demanding business while still carving out valuable family time.
Don’t miss this episode, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss the next!
In This Episode We Cover:What to look for in partnersHow to have conversations with brokers and managers to set expectationsWhat they learned in their first year that allowed them to land their first big dealThe importance of strict criteriaMistakes they made that prevented them from being successfulHow they find deals their investors will want to invest inHow to provide clarity to help investors feel comfortable moving forwardHow to use social media to build your database of partners, investors, and brokersAdvice for standing out from other buyers when interacting with brokersHow they split up the various tasks of their businessHow a typical syndication split looks in their dealsWhat success looks like in their family and businessWhy learning the fundamentals is more important than complicating your businessAnd SO much more!
Links from the ShowBiggerPockets ForumsBiggerPockets WebinarMonkeypod KitchenPacific North West Real Estate Wealth ExpoBiggerPockets Podcast 189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl YarberZillowLinkedinBrandon's InstagramJosh's Instagram
Click here to listen on Biggerpockets: https://www.biggerpockets.com/show347
Attention: this is a must-listen show! Whatever you’re doing, stop and download today’s episode!
Brandon and David sit down with Josiah Pott, a real estate investor/wholesaler who is doing six-figure deals at 20 years old, using nothing but old fashioned cold calling. Josiah shares just how he puts houses under contract and wholesales them for big profits—then converts that money into cash-flowing rental property.
You will love hearing how he found his first mentor (and got paid $20K to do so), why he dropped out of college to invest in real estate, and what his five tools are for finding off-market property owner info. You’ll also love hearing how the power of compound interest changed his life, how he uses a calendar to manage his lead follow-up, and how he handles questions regarding his young age.
Josiah has done several deals where he’s made well over six figures and will tell you exactly how he did so.
Don’t miss out on this game-changing info. Download this show today!
In This Episode We Cover:His five tools for finding off-market property owner infoHow he wholesales and turns that into rentalsWhy he won’t miss out on seller financing in the futureWhy he wants things to be “hard”How he found a mentor (and got paid $20K by them)Why he dropped out of college to invest in real estateHow the power of compound interest changed his life, mindset, and approach to building wealthHow he’s accumulated a very impressive portfolio at 20 years oldWhy he uses cold calling to build wealthHow he made $127K on one dealHow he made $355K on a deal with his partnerHow he organizes his business so he doesn’t lose dealsWhy he keeps a personal touch in his businessHow he handles questions about his young ageHow he and his wife work together on their businessAnd SO much more!
Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramPodioPipeDriveTrello
Check the full show notes here: http://biggerpockets.com/show346
Today, Brandon Turner’s on the other side of the microphone.
J and Carol Scott, co-hosts of the BiggerPockets Business Podcast, recently interviewed him… and the result was so epic we wanted to share it here, too!
In this episode, Brandon reveals why he chose mobile home park investing (hint: NOT necessarily because it’s the “best” investment) and describes the method his team used to get hundreds of pads under contract in just a few months. (It's an approach YOU can apply using the new BiggerPockets Intention Journal.)
But this show is about much more than real estate. It’s about avoiding that all-too-common pitfall where you set an ambitious goal only to see it buried under an avalanche of more urgent (but less important) responsibilities.
Brandon shares the tools he’s used to break that cycle and how he’s applied them to other challenges—like moving to Hawaii, improving his personal health, and spending more meaningful time with his family.
You’ll hear how Brandon’s first business venture failed, how he got into real estate investing for cash flow, and how he discovered a way to bring BIG value to BiggerPockets as Employee #2, despite not owning a computer the year before! Oh, and you’ll learn the meaning of “M.I.N.S.” and the role they play in moving your business forward (ESPECIALLY when the going gets tough).
Brandon also shares why writing out a “vivid vision” of your future might be the best thing you can do to move yourself closer to your ideal life; why he asks, “What would be awesome?” and then works backwards; and why he and his wife organize a goal-setting retreat together on the same day every year.
This is an amazing episode that lays out a battle plan for getting WAY more done while setting aside quality time for friends, family, and fun.
Download this one, and subscribe using your favorite podcast app so you won’t miss any future shows!
In This Episode We Cover:Brandon's mobile oil change business plan (that he didn't execute on)How he flipped a house and spent all the moneyBrandon's very first house hackHow he “got into the business of collecting units” and quit his jobHow a cold email led to him working for BiggerPocketsThe strategy he used to write 50 blog posts in a year for BiggerPocketsBrandon's thoughts on the path to 100 units Why you should ask yourself, “What would be awesome?”How to ask, “What if it was easy?” and work backwards toward your goalHow to balance family life and health with business Why he chose mobile home park investing (hint: not because it’s the “best” asset)How to "have it all" (as long as you’re focused and tracking everything)Tips for setting goals as a coupleHow to identify the “Most Important Next Step” (M.I.N.S.) and then time block it The 90 Days of Intention JournalThe importance of writing down goals every dayAnd SO much more!
Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramBiggerPockets Business PodcastSmart Passive Income BlogViper ChillNeil PatelGraphicRiver.netBiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth MosleyMusic and Money Investor Group"Heartbeat" Music VideoBrandon's Vivid Vision (photo)Tim Ferriss ShowFull Circle MusicBiggerPockets PodcastJosh DorkinJ Scott's BlogBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBiggerPockets Money PodcastMindy JensenScott TrenchDavid GreeneReal Estate In Your TwentiesBiggerPockets Bookstore
Over 25 seller financed deals in a few short years! Today’s guest, former service member (and diamond pushup world record holder) Gabriel Hamel, sits down with Brandon and David to share how he built a portfolio of over 140 units (in an expensive market) using creative methods and seller financing to make deals where other investors miss them!
Gabriel shares how he started investing in a tough market and used sub-prime lending (successfully) to house hack his first few properties. He gives some awesome advice on approaching sellers with seller financing proposals, structuring the offers, and showing them how it’s a win-win. He also gives great advice on finding gentrifying markets, walking away from closings with money in his pocket, and applying a mindset to real estate investing that helps him succeed in all aspects of life! Gabriel has very practical, down-to-earth, useful advice and shares it willingly.
This is an episode for both newbies and experienced investors to download today!
Listen to the full episode here: http://biggerpockets.com/show344
In This Episode We Cover:Started with sub-prime lending and it worked outHouse hacked his first and second homeOwns 140 units nowHow he got started buying properties in a scary market from 2009-2012Why he began with seller financingHow he found his first off-market dealsSeller financing wizardryWhat he looks for in improving neighborhoodsHow he’s been able to walk away with cash at closing—better than no moneyWhy he focuses more on terms than just priceHis advice for having a success mindset in ALL areas of lifeWhat he looks for in a dealHow he scaled to over 100 unitsAnd SO much more!
Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon's InstagramDavid's InstagramWant to host your own BiggerPockets podcast? Pitch us!GoBundance
Want to build a cash flowing portfolio while working a full time job?
Today’s guest did just that! Steve Rosenberg shares his incredible story of how he built a huge property management company (along with several cash flowing rental properties) while working as an airline pilot and travelling the country! Steve has a genuine, straight forward style and shares what he did wrong buying real estate, where he learned what his strengths are, and how he and his partner resurrected a dying business. Steve also shares how he learned why systems are so important, how he learned to build them, and which systems he uses in his own business to save time, make money, and scale! Steve shares some of the most painful lessons he learned through failure so you don’t have to learn them yourself.
This is an episode you definitely want to download today!
From buying duplexes to a self-storage empire! Today’s guest Kris Benson sits down with Brandon and David to talk about his remarkable journey across all kinds of different real estate asset classes.
Kris began with a successful sales career and explains why he transitioned into owning real estate instead. You’ll love Kris’s story about how he built a 64-unit apartment complex (in a cornfield), how he found partners to bring the project to life, and how it all started with one phone call! He also shares why he now invests in self-storage, how he evaluates properties, and why he believes this asset is recession-proof!
Kris provides great advice for raising money and finding your niche, and explains his theory that “deals create deals” as he walks through his journey. This is a fantastic show full of great content.
In This Episode We Cover:Why he transitioned out of a successful sales careerHow he got started with a duplex and built up to a large commercial real estate portfolioHow he acquired 20 small multifamily units—and hated itHow he built a 64-unit apartment complex from the ground upHow he got involved in a condo syndication projectHow he began finding the right partners to build multifamily projects withHis theory on “deals create deals”Why he now invests in self-storageWhere to find data on self-storage and REIT’sWhy he believes self-storage is recession-proofHow the best opportunities in his life have come from cold calls to property owners or friendsHow he learned his skillset and why he sticks to itHis advice for raising money from othersAnd SO much more!
Links from the Show:BiggerPockets ForumsKris's first BiggerPockets Forums PostBiggerPockets StoreBiggerPockets ShirtsMindy's BiggerPockets ProfileBiggerPockets Money PodcastBuck ConstructionApartments.comCity Point CapitalBiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe FairlessUpWork
Real estate flipper, broker, contractor, and more!
Today’s guest, Jared Holland, is doing 30 deals a year and profiting from all different phases of a flip-and he shares exactly how he does it! Today’s show gets into the nitty gritty of Jared’s business and how he grow from one wholesale deal to running an entire business in a short period of time. You’ll love Jared’s advise on using a multitude of methods to find deals, how he handled the transition of going from employee in his business to manager of his business, and how he got his first deal from a hedge fund! You’ll also find some fantastic advice about finding the right mindset in an employee/partner, how to find deals if you have no money, and why you should NEVER assume the person you’re talking to doesn’t want to work with you. Jared gives some great advice on why taking big action matters, as well as how to decide which actions you should start with.
If you’re looking to level up your investing, or take your business from successful to great, download this one today!
Would you be interested in taking your retirement account and turning it into 22 cash flowing rental properties? What about doing it with someone else’s capital? Today’s guest did just that!
Whitney Hutten shares her incredible story of how she built a rental property empire off of a 401k account by leveraging the power of a team! You’ll love how she made 50k on one of her first deals (without paying a dime of the mortgage herself) and how she used Brandon Turners method known as “the stack” to keep building! She also shares how she got her start in turnkey houses and moved along a spectrum to get to fixer-upper BRRRR’s, how she bought 10 houses her first year, and why she invests out of state. Whitney goes DEEP sharing which parts of town she invests in, why she invests near hospitals, and how she netted a 30% ROI on a BRRRR gone wrong!
You do not want to miss this inspirational story of how an “average Jane” accomplished extraordinary results through real estate-including how she fixed a bus falling on one of her houses and survived a racoon infestation on another!
This show is hilarious, insightful, and content packed. Download today!
Over 20 years' experience in mobile home park mastery! On today’s show, Brandon and David interview Frank Rolfe, an experienced mobile home park investor with TONS of great advice to share—and share he does! You won’t want to miss Frank’s incredible tips for using seller financing to buy parks, staying low risk while scaling, and the beauty of owning “small cities”! He also gives fantastic advice for making “stakeholders” out of tenants, describes what the perfect mobile home park setup looks like, and discusses how to find pocket listings no one else is seeing. Frank goes on to share the incredible story of how he bought a mobile home park with a wrestling ring in the back and how he sold it for a $1 million profit seven years later! In addition, he talks about his strategy for finding the perfect resident manager and insuring yourself against embezzlement from your management team. This is one of the most information-packed shows we’ve ever done in the MHP space, and you’ll be blown away by the amount of content here. Download it today! In This Episode We Cover: How Frank uses seller financing to buy deals he never could with a bank How he stays low risk while scaling How he got started with a billboard business How he owns “small cities” The key to doing seller financing correctly How he rents to “stakeholders” not just tenants What the perfect mobile home park setup looks like Why he loves mobile homes (aka "the gem" of real estate) Why mom and pop-type owners love mobile home parks How the average park can be bought and rents doubled year one The win-win opportunity mobile home parks provide for tenants and owners The mistakes he made on his first deal and how he learned to avoid it The No. 1 thing to look for when buying a park His strategy for finding pocket listings from brokers The 5 ways he finds parks to buy And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Business Podcast BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock 21st Mortgage
From waiting tables to scaling up to 250 units! Today’s show is going to blow your mind.
Brandon and David sit down with James Dainard, a real estate investor in the Seattle area, who is using his broad knowledge of real estate investing to do some big things! James shares how he got started door-knocking for someone else’s company to learn the business—and things took off from there!
He also shares how he’s finding 60 percent of his deals from the MLS, how he uses local zoning knowledge to find opportunities others are missing, and how he made over a million dollars off an MLS flip! James has some GREAT strategies he uses, including combining flipping, wholesaling, and BRRRRing; improving the return on his equity; and “inventing returns." You’ll also be blown away at how he created a 60-room rental (!!!) property that earns over $9K a month and how he saves money on maintenance and property management by running it all in-house.
James is a smart, humble, and experienced investor doing some very impressive stuff. Download this one today!
In This Episode We Cover: How he got started door-knocking for someone else’s company Story behind his first deal How he bought a 60-room house How he got to over 200 units all single-family Combining wholesaling, flipping, and BRRRR What he looks for in an area and using zoning knowledge to find opportunity Profiting $1 million on a flip he found on the MLS About his apartment complex that was on the market for 200+ days How he uses flips to fund his rentals Getting 60% of his deals off the MLS How he calculates the return on his equity Why he hires people in-house to manage properties and do maintenance How he BRRRRed a deal with no money left in that cash flowed $2K a month His unique method for “inventing” returns And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Premium Forum Thread about BiggerPockets Premium BiggerPockets Youtube Page BiggerPockets Podcast 302: Making $100k/Deal Using Other People’s Money, Time & Experience with Cory Nemoto Brandon's Instagram David's Instagram
Want to learn from two guys who have weathered several real estate market cycles and come out on top? You’re in the right place!
In this episode, Brandon and David sit down with Russell Gray and Robert Helms, longtime hosts of the Real Estate Radio Guys program. In this wide-ranging discussion, Russell and Robert cover a TON of subjects, from house hacking to investing in overseas resorts. The guys share the lessons they learned from the 2008 crash (hint: don’t rely too heavily on credit) and explain how they’re preparing for the next one. They break down how multifamily investing is just like running a business, and why hiring an assistant is the most important first step when scaling up.
Russell and Robert also tell us why having an A-student mentality can hinder new investors (and make them a target for gurus), and why you don’t need to know every step in order to just get started. You’ll learn why Robert is about to make his 137th trip to Belize, why he and Russell stopped investing in Mexico and Australia, and why you should design your own personal investment philosophy, too.
If you’re a big-picture thinker interested in using the tax code to your advantage and staying on top of market cycles, this show will blow your mind. Listen here or on your favorite podcast app, rate and review us, and subscribe so you won’t miss the next one!
In This Episode We Cover: How these guys inspired Brandon What an entrepreneur does How gurus take advantage of hungry new investors How they are preparing for the next real estate downturn Their strategy for building big wealth in other countries How they learned the lesson about needing sufficient reserves the hard way What to do when available credit goes away Why they invest in resorts Where we are in the market cycle Why they are locking in long-term debt right now What they learned from the 2008 crash How to prepare and win for the next downturn What an opportunity zone is and how to use them Why they study global economics And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Real Estate Podcast Robert Kiyosaki BiggerPockets Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy Peak Prosperity Brandon's Instagram David's Instagram
Location, location, location! On today’s show, Brandon and David sit down with Robert Jones, a real estate agent and investor in Colorado, who has built a cash-flowing portfolio with millions of dollars in equity in an expensive market.
Robert will blow you away with his knowledge on making deals work (even through the MLS) and choosing what to buy. You won’t want to miss his advice on buying properties with super low down payments, targeting ideal locations that attract ideal talents, and using agents to do the work of finding deals. You’ll also love his tips for creating systems so he can travel while making money and identifying the qualities of a good agent.
Robert is extremely humble for having such massive success, and he shares his whole playbook for how he built a portfolio of 26 units worth millions before the age of 35. DO NOT miss this one. Download today!
In This Episode We Cover: Turning primary residences into rental properties What are capital gains Should you rent or sell your house? Moving to a new house every year Taking 3 months off while having a real estate business Real estate to fund your life Being an agent or not How "The Stack" works And SO much more!
Links from the Show BiggerPockets Forums BiggerPockets Webinar GoBundance Audible Federal Housing Finance Agency BiggerPockets Podcast 280: The Key to Making Great Deals (Hint: Overlooked Properties!) with Mark Hentemann (Writer for TV’s Family Guy!)
A whopping 73 units a year without negotiating your own deals! Today’s guest Ryan Dossey breaks down his business and shares how he built a deal-finding pipeline he runs without doing the work!
Ryan gives great insight into how he finds deals directly from sellers, has team members meet with and close deals, then decides if he wants to keep them or wholesale them. If you’ve ever been interested in how to build systems to get your time back, this is a show for you. You won’t want to miss how Ryan used BiggerPockets to start and grow his business, how he began wholesaling, and how he uses NONE of his own money. You’ll also love hearing how Ryan made $10K in four hours on his first deal and how he built a conveyor belt to close deals while he’s out of the country. Plus, he gives investors AMAZING advice on approaching a mentor the right way!
Ryan is a great example of how to use BiggerPockets to grow your wealth and portfolio, and he shares some powerful tips about how you can do the same. Download this one today!
In This Episode We Cover: How Ryan got into real estate in spite of never graduating high school How he learned to see the world from a different perspective than everyone else Why he markets directly to sellers How he used BiggerPockets to build several different businesses How he got his first wholesale deal (and made $10K in four hours doing so) Why he went full time into RE and how he knew it was the right time to do it How he chooses his markets What no one tells you about the RIGHT way to approach a potential mentor How he built a conveyor belt to close deals while he’s out of the country Why he invests in multifamily The No. 1 thing a newbie needs to know to get started wholesaling Why focusing on one task is key to being successful faster And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar GoBundance BiggerPockets Airbnb CalculatorBiggerPockets Podcast 068: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson InvestFourMore Podio Deal Machine (App) CallPorter
Self-storage with OPM! Today’s guest Ben Lapidus sits down and spills the beans on his strategies for buying self-storage units and running an investment fund with other people’s money. Ben has some really great advice for those who want to get started in self-storage, including how he got started getting 25% of other people’s deals, why he jumped from single family into commercial opportunities, and how he mitigates risk in the self storage space. You also won’t want to miss what he shares regarding how he picks a market, his criteria for buying a deal, and where he recommends brand new self storage investors get their start (hint-it’s all about size). If you want to have your mind blown, you CAN’T miss his technique for seller financing negotiating where he improves his terms by saving the seller’s money on their taxes-brilliant! This episode is completely full of high energy, content packed, practical advice for getting into commercial opportunities with other people’s money and we guarantee you will learn a TON. Download today and buckle your seat belt! In This Episode We Cover: How Ben found real estate after finding success in other business ventures Starting off investing with partners and getting 25% of the deal with none of the risk or capital Why he jumped from SFR to apartments What he learned buying an awful property on his first deal How he put together his first syndication Why he invests in self storage How he found opportunities while looking for something else How he focuses on his strengths and finds partners to handle his weaknesses How he finds deals in today’s market His criteria for what he needs to see in a market How he mitigates risk when buying self storage Why he looks for “expansion potential” How he finances his deals, the strategy he recommends for newer self storage buyers to look into His BRILLIANT tax saving strategy he uses to save thousands of dollars on seller financing opportunities The one thing he think should be taught in school that isn’t How he recommends people improve their people skills and forming connections And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Premium Best Ever Conference BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne
Commercial real estate like you’ve never heard it before!
On today’s episode, Brandon and David sit down with Ken Wimberly, the owner of a Keller Williams commercial brokerage and a commercial investor himself. Ken shares some incredible tips on how to get into owning commercial property, including how to find quality tenants, how to structure the lease, and how to protect yourself from a changing market.
He also provides great advice on building relationships and identifying who NOT to partner with. Ken goes on to talk about how he went from working in a pizza restaurant to cashing his first check for 50K as a broker—with absolutely no training program! He shares some incredible advice for opening a laundromat, making huge returns, and successfully investing in other people’s deals, too.
If you’ve ever been interested in how to do big deals without big headaches, this episode is for you!
In This Episode We Cover: How he builds relationships How he learned the commercial business sitting across from a mentor and listening How he buys laundromats Investing in commercial spaces Using OPM to buy land and selling a 5K investment for 150K How he earned a commission of $50K on a deal he couldn’t do How he chooses his business partners His morning routine What to look for in a potential partner to disqualify them How newbies should start off investing in commercial property How to balance investing with family time How he structures deals Tips on owning a business inside your commercial building How he invests in other people's deals And SO much more!
Links from the show:BiggerPockets Forums BiggerPockets Webinar BiggerPockets Commercial LendersCBRE BiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban BiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben Kinney Google Alerts GoBundance BiggerPockets Business Podcast
Build a deal funnel to fuel your business and keep the leads coming!
On today’s show Brandon and David sit down with Adam Johnson and Brent Moreno, two wholesalers running a business that fuels their investment portfolio!
Adam and Brent share several key pieces that make their business go, like how they have built systems to reduce their workload, how they keep their pipeline full of leads, and how they use a “three foot rule” to make sure everyone knows how they can help them. You’ll also love how they recruit others to work in their business, how they use stories to hold people’s attention, and how they have leveraged an army of Uber drivers to find them deals!
These two guys have formed a great partnership, and share TONS of practical, meat-and-potatoes advice for how you can do the same. Their advice on “helping over haggling” alone is priceless! If you want to learn how to form the perfect partnership, how to build a portfolio off of a consistent pipeline of deals, AND how to wholesale those deals for profit, this is an episode you can’t miss!
In This Episode We Cover: How they got into wholesaling How their business is structured Why they love wholesaling more than anything else How they use systems to create success when they don’t feel like working What a perfect partnership should look like The funnel they have set up to find, capture, and follow up with distressed seller leads The three-foot rule How they use Uber drivers to find them deals How they are helpers not hagglers The number one thing a newbie needs to do well to start a wholesale business How to recruit others to bring you deals How to use stories to get others involved in helping your business How they believe there is no “box” to think outside of And SO much more!
Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Youtube Channel BiggerPockets Money Podcast BiggerPockets Business Podcast Podio InvestorPO REIpro PropStream ListSource LeadSherpa David Goggins on Joe Rogan’s Podcast Gary Johnston
Ten doors free and clear on a blue-collar salary—today’s guest shares exactly how she did just that!
Brandon and David sit down with Ashley Hamilton, who shares the incredible story of how she went from poverty to success through real estate investing with very little help or guidance.
Ashley shares her remarkable strategies for investing in a market where very few others could, how she used BiggerPockets to develop a system, and how she got the city of Detroit to offer her a deal to buy a property at $500! Ashley also shares how she buys cheap houses at auctions, how she finds banks to finance her rehabs, and how she uses keyword alerts in the BiggerPockets forums to snag deals before anyone else! And be sure to listen for Ashley’s “no milk for her cereal” strategy to overcome and succeed!
If you’re looking for an incredibly inspirational story that highlights how creativity and resiliency can pay off, you want to download this today.
In This Episode We Cover: How Ashley found a way to invest in a market when very few others could How she got the city of Detroit to call her and offer her a deal to buy for $500 Getting to nearly a half a million dollars in equity in a few short years How she got started investing with nothing but BiggerPockets as a guide Finding the best part of the city to invest in Why she fix her rentals up to suburb quality even in low-income neighborhoods Building a portfolio of 10 doors free and clear The way she uses the BiggerPockets forums to help her make money Landlording like a boss Giving back to your tenants And SO much more!
Links from the Show: BiggerPockets Forums BiggerPockets Webinar Tarl Yarber's BiggerPockets ProfileDave Van Horn's BiggerPockets Profile Brie Schmidt's BiggerPockets Profile Joe Fairless' BiggerPockets Profile BiggerPockets Instagram Brandon's Instagram David's Instagram Rentometer Rich Dad Poor Dad Seminar GoBundance BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss
Incredible show alert! You don’t want to miss this one: Brandon and David sit down with bestselling author Cal Newport (who wrote So Good They Can’t Ignore You: Why Skills Trump Passion in the Quest for Work You Love, Deep Work: Rules for Focused Success in a Distracted World, and so on) to discuss just what makes high performers different than the rest.
Cal shares incredible insight based on his research as a professor at Georgetown University, including how boredom can serve a very useful purpose, how to improve your focus to master your craft, and how building “career capital” can open doors to the life you’ve always wanted.
Cal also shares life-changing advice on how starting the day in “monk mode” can supercharge your productivity, how to set better expectations with team members, and how to rebuild your digital life in 30 days.
This episode is so good you’ll feel guilty you didn’t have to pay. Download it today!
In This Episode We Cover:Cal’s storyImprove your focus and remove distractions to increase productivityHow to combine “deep work” with “shallow work” to stay mentally energizedBuilding career capital you can then invest to build a better lifeWhat successful people do that unsuccessful people don’tHow to set better expectations with team membersHow to start your day in “monk mode” and be insanely productiveHow to give your hours a job and make time work for youHow to use boredom to recharge and motivate youHis thoughts on social media and how it can rob you of timeTaking the information you’re learning and letting it sink in Detox and rebuild your digital life in 30 daysAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets ProBiggerPockets CalcBiggerPockets Podcast 329: Financial Freedom Before 30 Through Just 10 Deals With Felipe MejiaBiggerPockets Podcast 327: The “Buy, Rehab, Rent, Refinance, Repeat” Method Made Simple With David GreeneLinkedInMoment AppRealtor.comBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiLifeonaire by Steve CookSo Good They Can’t Ignore You by Cal NewportThe 4-Hour Week by Timothy FerrissDeep Work by Cal NewportDigital Minimalism by Cal NewportThe Rise of Theodore Roosevelt by Edmund MorrisGates by Stephen ManesConnect with CalCal’s Personal Website
Financially independent before 30 years old! Today’s guest Felipe Mejiasits down with Brandon and David and shares the incredible story of how he scaled from a $3,000 mobile home to 10 units and financial independence!
Felipe has created a unique system that involves multi-unit properties, short-term rentals, and leveraging others to help run his business. The result? He is currently crushing it!
You don’t want to miss the insanely powerful “no-why principle” he’s used relentlessly to succeed whenever he’s told no. Felipe also discusses how he leveraged the job of communicating with his Airbnb guests to buy his time back, and how he took advantage of a construction boom in his hometown to service its workers. He also talks about how he lost 30 pounds after realizing he was in the wrong profession, and how he bought a mobile home for $3,000 and then later got paid $30,000 for it!
This episode is jam packed with fun, exciting content and practical advice for those looking to exit the rat race and achieve financial independence through creative strategies with real estate.
Download it today!
In This Episode We Cover:How he took his disappointment from missing out on a police career and turned it into RE investing successHis “no-why principle”How he got his wife to buy into his visionHow he took advantage of a booming construction industry to rent rooms out to buildersHis advice for pushing through being told noHow he would listen to the BiggerPockets podcast in headphones while working in a construction jobReal estate replacing his full time job before age 30Delegating the work of his various businessesHow he lives for free in NashvilleHow he leverages out communicating with his Airbnb guests and loves itHow he got paid $30,000 on a property he paid $3,000 forAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarPNW Real Estate Wealth ExpoBiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a YearBiggerPockets Podcast 238: Becoming a Real Estate Millionaire on a Teacher’s Salary with Michael “Swanny” SwanBiggerPockets ProBiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben KinneyBiggerPockets BookstorePayNearMeBiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew CushmanHow to Find Overlooked Opportunities in a Hot Market with Andrew CushmanThe Founder | NetflixDavid’s InstagramBrandon’s InstagramBooks Mentioned in this ShowMiracle Morning by Hal ElrodRich Dad Poor Dad by Robert KiyosakiRichest Man in Babylon by George S ClasonLifeonaire by Steve CookWhy the Rich Are Getting Richer by Robert KiyosakiTweetable Topics:“Success is the other side of fear.” (Tweet This!)“People stop at no and don’t ask why.” (Tweet This!)“Do whatever works for you.” (Tweet This!)“My rentals feed my life, my flips feed my rentals.” (Tweet This!)Connect with FelipeFelipe’s Company WebsiteFelipe’s InstagramFelipe’s BiggerPockets Profile
If you’ve ever had an interest in turning your desire to invest in real estate into a well-oiled business machine, today’s episode is for you!
Chris McChesney, bestselling author of The 4 Disciplines of Execution, shares some mind-blowing strategies recognized worldwide for their ability to help followers achieve more success! Chris shares the difference between lead and lag activities, how to use the power of leverage to move your business forward, and how staying busy isn’t always in your best interest.
He also shares eye-opening insight into the way we use confirmation bias to avoid making progress, how to break major wars into smaller, winnable battles, and the secret of “tendency override.” Chris has developed an amazing system using four key strategies to improve your odds to succeed and has implemented them with companies like Coca-Cola, Comcast, The Ritz-Carlton, and more!
Don’t miss this episode chock full of actionable advice for improving your life, as well as your business!
In This Episode We Cover:The difference between lag and lead activitiesHow to use the power of leverage to move your business forwardHow staying busy isn’t always in your best interestHow to identify your most important goalThe secret to losing weight—and how to apply it to real estateWhat most business owners do wrongHow confirmation bias clouds your visionLearning the secret of “tendency override”Breaking major wars down into small battlesHow to keep your goals small to make sure you achieve themHow to avoid giving in to self-victimizationHow to develop a scorecard to track your progressHow to use accountability to stay on trackAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Youtube ChannelBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock (Podcast)My Body TutorMy Fitness PalBiggerPockets InstagramBrandon’s InstagramDavid’s InstagramBooks Mentioned in this ShowThe 4 Disciplines of Execution by Chris McChesneyRich Dad Poor Dad by Robert KiyosakiThe ONE Thing by Gary KellerEssentialism by Greg McKeownStephen R. Covey’s The 7 Habits of Highly Effective PeopleThe 12 Week Year by Brian P. Moran90 Day Journal by Brandon TurnerAs a Man Thinketh by James AllenBuilt to Last by Jim CollinsGood to Great by Jim CollinsTweetable Topics:“The real enemy of execution is your day job.” (Tweet This!)“You can be busy all day long and not be a step closer to your goal.” (Tweet This!)“The most strategic work you do will feel like you’re wasting time.” (Tweet This!)“If we don’t track, we lie to our selves.” (Tweet This!)“Make and keep a promise to yourself.” (Tweet This!)“If you think the problem is out there, that very thought is your problem.” (Tweet This!)Connect with ChrisChris McChesney’s BioChris McChesney’s Speaker Site
Today, we’re introducing the BiggerPockets Business Podcast, co-hosted by J and Carol Scott. Subscribe now using the links below; Episode 1 is up now! SUBSCRIBE ON APPLE PODCASTS (IPHONE): https://podcasts.apple.com/us/podcast/biggerpockets-business-podcast/id1460051721 SUBSCRIBE ON GOOGLE PODCASTS (ANDROID): https://www.google.com/podcasts?feed=aHR0cHM6Ly9icGJ1c2luZXNzLmxpYnN5bi5jb20vcnNz The BiggerPockets Real Estate Podcast will be back tomorrow, and we’ll be back to regular programming next week. Future episodes of BiggerPockets Business will drop on Tuesdays -- the day after the BiggerPockets Money Podcast. Oh, and go follow the BiggerPockets Business Podcast on Twitter @BPBusinessShow and Instagram @BiggerPockets!
In this special half-episode, David reads from Chapter 2 of the brand-new book he’s written on the BRRRR strategy. This particular passage goes to the heart of what makes BRRRR work: buying great deals. So how do you pull that off? In this chapter, David reveals: what he looks for when targeting properties, how to practice analyzing deals so you won’t be afraid to pull the trigger, and how to find team members and align their incentives with yours. Order “Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple” today at www.BiggerPockets.com/BRRRRbook. Physical copy, eBook, or audio version (read by a professional narrator) are all available. Or you can also get EVERY format if you order the Ultimate Package. That includes the exclusive eBook, “Long-Distance BRRR,” a bonus video on how to interview and hire a great contractor, and access to a live Q&A webinar with David. In the meantime, enjoy this bonus episode!
It’s here—THE book on BRRRR! And who better to write it than the leading authority on this strategy: our co-host David Greene.
In this episode, he breaks down exactly how to “Buy, Rehab, Rent, Refinance, and Repeat” your way to wealth.
David reveals how BRRRR allows him to force equity, leverage the talents of others, and recycle his capital so he didn’t have to keep working 100-hour weeks as a police officer.
You’ll learn about the velocity of money, the “core four” players every BRRRR investor needs on his or her team, and the way to eliminate fear by taking a cold, hard look at the numbers.
David also explains how this strategy can reduce capital expenditures and how to come to the bargaining table with a cash offer that puts you in the driver’s seat.
He also addresses some common objections, including the notion that it’s difficult to influence the appraised value of your rehabbed property. Plus, you won’t want to miss the “Deal Deep Dive” where David goes into detail about one of his recent real-life BRRRR deals.
Whether you’re brand new to this method of investing or are looking to fine-tune your BRRRR skills, this episode will provide you with a ton of value. Still, we only cover part of what’s in David’s book, so check it out on the BiggerPockets Bookstore.
In This Episode We Cover:Who David isDefining and explaining BRRRRDiscovering the main benefits to BRRRRHow to increase your ROIUnderstanding what increasing the velocity of your money isGetting good at what you doHow to decrease risk by building equity and pulling capitalHow to scale to financial freedom fasterWays to lower CapEx expensesAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarDave Visaya’s BiggerPockets ProfileBiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert GreeneBiggerPockets InstagramBRRR CalculatorBiggerPockets BookstoreBooks Mentioned in this ShowBuy, Rehab, Rent, Refinance, Repeat (BRRRR) by David GreeneLong-Distance Real Estate Investing by David GreeneThe Millionaire Real Estate Agent by Gary KellerSo Good They Can’t Ignore You by Cal NewportDigital Minimalism by Cal NewportTweetable Topics:“Make money work for me.” (Tweet This!)“Repetition builds mastery.” (Tweet This!)“Operating from ignorance or inexperience is operating with a massive amount of risk.” (Tweet This!)“Down payment has nothing to do with risk.” (Tweet This!)“BRRRR investing is about gaining equity without losing capital.” (Tweet This!)Connect with DavidDavid’s BiggerPockets ProfileDavid’s InstagramDavid’s Facebook Profile
What does true wealth mean to you? Maybe it’s having control over your time or having the means to donate part of your income to charity. Maybe it means feeling healthy enough to jump out of bed and attack the day.
In today’s episode, Brandon, David, and Josh (remember him?) speak with three financially independent investors about what motivated each of them to work so hard toward their goals.
Early in their careers, David Osborn, Pat Hiban, and Tim Rhode realized they shared a common goal: to steadily accumulate streams of passive—or as they call it—“horizontal” income. So they got together and made a serious commitment, vowing to hold each other accountable every step of the way—even if it meant dishing out some tough love.
In this episode, you’ll learn how finding an accountability partner can change the trajectory of your career and life, and how giving time and money can not only make you feel better but also make you more wealthy. You’ll also learn how David, Pat, and Tim built dozens of streams of income by living below their means, connecting with the right people, and taking advantage of opportunities.
This is a must-listen if you’ve ever asked the question, “Why am I working so hard, anyway?” You’ll come away from this episode motivated to hold yourself and your loved ones accountable so you can reach your goals together.
Download it today!
In This Episode We Cover:The background of these foundersThe story behind the three amigos and the founding of GoBundanceThe Pillars of GoBundanceHaving a genuine contributionHaving authentic relationshipsHaving extreme accountabilityHaving horizontal incomeHaving age-defying healthHaving bucket list adventuresHow to reach your financial goalFinding motivation to earn and grow moreAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarGoBundanceBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBiggerPockets Podcast 284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David OsbornBiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban BiggerPockets Podcast 313: How to Be Happy AND Grow a Massive Business with Entrepreneur Jesse Itzler (and Josh!)1 Life Fully LivedBooks Mentioned in this ShowThe Miracle Morning by Hal ElrodThe 4-Hour Work Week by Timothy FerrissRich Dad, Poor Dad by Robert Kiyosaki6 Steps to 7 Figures by Pat Hiban & Gary KellerRich Dad’s Cashflow Quadrant by Robert KiyosakiRetire Young Retire Rich by Robert KiyosakiRichest Man in Babylon by George S. ClasonHow to Invest in Real Estate by Brandon Turner and Joshua DorkinThink and Grow Rich by Napoleon HillAs a Man Thinketh by James AllenThe E-Myth Revisited by Michael E. GerberTweetable Topics:“How can I work as little as possible and keep making money?” (Tweet This!)“Spend your time doing the things that make you money and delegate the rest.” (Tweet This!)“Real estate is the everyday man’s way to wealth.” (Tweet This!)“My car is always secondhand.” (Tweet This!)“Set financial goals, not material ones!” (Tweet This!)“All the wins I’ve got in life have all came from me willing to be vulnerable.” (Tweet This!)“It’s weird because every successful person I’ve ever met spends more time thinking than doing anything else.” (Tweet This!)“You can’t build a successful business without health.” (Tweet This!)“A life without contribution is a life not worth living.” (Tweet This!)“Always be where you are.” (Tweet This!)Connect with Pat, Tim, and DavidGoBundance
Awesome show alert! Today’s guest is so full of information you will be blown away.
Aaron Amuchastegui sits down with Brandon and David and explains how he buys 20 deals a month while practicing principles of the four-hour workweek. It’s an incredible story about how he built a big business with foreclosures, how he keeps his pipeline full (including how he buys deals at auctions), how he does due diligence, and how he tracks down owners of vacant properties.
You won’t want to miss his advice on owning C- or D-level properties, how he uses flip profits to fund a business that acquires rentals, and—most importantly—how you can lose money in real estate even if you’re buying great deals.
This episode is full of more powerful insight than we can begin to mention. Aaron is a big-time real estate investor who has gone from rags to riches, to rags to riches again. Tune in to hear him share everything he learned along the way.
In This Episode We Cover:How he got into real estate investingBuying at an auctionThe different types of auctionsHow to approach and talk to cash buyersThe moral aspect of real estateHow to do title researchA big surprise after buying a sight-unseen houseBouncing back from losing everything he builtWhy he thinks flipping is a jobAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarKiawe Outdoor InstagramKiawe OutdoorBrandon’s InstagramBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of MentorsAuction.comGoBundanceFive Hour School WeekBooks Mentioned in this ShowThe Miracle Morning by Hal ElrodThe 4-Hour Work Week by Timothy FerrissRich Dad, Poor Dad by Robert KiyosakiTweetable Topics:“There’s so many problems that you can solve in real estate.” (Tweet This!)“I make money 9/10 houses. I take a loss 1/10.” (Tweet This!)“Flipping is only money when you keep flipping.” (Tweet This!)Connect with AaronEmail Aaron: email@example.com or firstname.lastname@example.orgAaron’s Company Website
Do you want to invest in multifamily apartments but feel intimidated by the process? If so, today’s episode is for you!
Brandon and David interview Michael Blank, an experienced multifamily investor/educator, who breaks down the seemingly daunting process into super simple steps.
Don’t miss Michael’s advice on how to get started in the space, how “the law of the first deal” will increase your odds of success, and how multifamily investing can lead to financial independence in five years. You’ll also love learning common multifamily vocabulary, what an ideal property looks like, and how to develop relationships with potential investors.
Michael also shares incredible insight into how he built his empire, as well as his top two negotiating tactics and “three levers” to successfully negotiate a multifamily deal!
This is one of THE most informative shows we’ve ever done. Download it now!
In This Episode We Cover:How he got started and why he recommends multifamily investingScaling his business despite running out of of timeWhat is “the law of the first deal” The multiple ways syndicators make money in a dealCommon multifamily terms and what they meanHow to improve the value of a multifamily propertyWhat an ideal deal looks likeDeveloping pre-existing relationships with potential investorsWhy cash flow is so important in multifamilyHis top two negotiating tacticsHow he bought a 321-unit building, how he BRRRR-ed a multifamily building, and returned 96 percent of their investors’ capital in the processHis “three levers” to negotiate in a multi family dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 066: Flips, Apartments, & Protecting Yourself From Professional Tenants with Michael BlankBiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneLoopNetBiggerPockets BookstoreBooks Mentioned in this ShowVivid Vision by Cameron HeroldThe ABCs of Real Estate Investing by Ken McElroyRich Dad Poor Dad by Robert KiyosakiHow We Bought a 24-Unit Apartment Building for (Almost) No Money Down by Brandon TurnerRaising Private Capital by Matt FairclothThe ONE Thing by Gary KellerThe Miracle Morning by Hal ElrodFinancial Freedom with Real Estate Investing by Michael BlankTweetable Topics:“The value of the first deal far outweighs any kind of money you can make from it.” (Tweet This!)“Nobody is rich on their first deal, but they’re rich because of their first deal.” (Tweet This!)“I’d rather do an 80/20 gigantic deal than 70/30 of nothing.” (Tweet This!)“Structure your deals based on who your investors are.” (Tweet This!)“Never take money unless you know what the heck you are doing.” (Tweet This!)“Always raise more money than you think you need.” (Tweet This!)Connect with MichaelMichael’s BiggerPockets ProfileMichael’s Personal Website
Would getting more deals through your network help your real estate business? Today’s guest specializes in just that!
Brandon and David sit down with Travis Chappell, host of the “Build Your Network” podcast, and dive into how to create success through other people.
Travis shares strategies for using his network to find deals, mastering the art of giving to increase your success, and becoming a leader in any space you are passionate about—no matter who you are! You won’t want to miss his “anchoring” negotiating strategy, his advice on the right way to reach out to mentors/influencers, and his five tips for starting off an effective working relationship!
This is one of the most value-packed shows BiggerPockets has done. Download it now!
In This Episode We Cover:How Travis uses his network to source dealsWhy he rents his primary residenceThe power of creating a platform like a podcast or meetupThe key to successfully partnering with familyWhy givers are more successfulHow his networks really affect his net worthThe reason why he’s selling his real estate propertiesThe beauty of adding value first to othersHis five effective tips for reaching out and connecting with anyoneHis “anchoring” negotiating tactic and how he used it to land a dealWhy house hacking is his favorite way to get started in real estateAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets EventsBiggerPockets Podcast 314: How to Find Rockstar Contractors and Manage Like a Boss with Andresa GuidelliBuild Your Network 186: The Bigger Pockets Podcast with Brandon Turner BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe FairlessBest Ever Podcast by Joe FairlessBiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneEntrepreneurs on Fire with John Lee DumasBiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay PapasanJordan Harbinger ShowNoah KaganBiggerPockets Hard Money LendersBiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David GreeneBooks Mentioned in this ShowGive and Take by Adam GrantMillionaire Real Estate Investor by Gary KellerNever Split the Difference Chris VossFire Round QuestionsAny advice on finding deals to flip in a hot market?Do you think it’s a mistake to think about investing out of state, given my lack of experience at this point?Any tips for motivating contractors to move quickly?Tweetable Topics:“Most of the things that we need to master fall under the communication category.” (Tweet This!)“You don’t have to be an expert to start a podcast or a meetup.” (Tweet This!)“Every deal is different. What works for me may not work for you.” (Tweet This!)“The deal is in the numbers. If it’s a good deal, it will make money regardless of all the other stuff.” (Tweet This!)“What you focus on, you get more of.” (Tweet This!)“There’s deals for everybody out there!” (Tweet This!)“Not all debt is bad.” (Tweet This!)“The number one thing about networking is giving value.” (Tweet This!)Connect with TravisTravis’ Personal WebsiteMeet Your Hero Course
Today’s guest grew up poor, living in a cabin without power or running water. But now he controls millions of dollars in real estate, owns several companies, and leads one of the country’s top-producing sales teams.
How did Ben Kinney pull that off?
The story involves, of course, hard work and tenacity. It involves a book that shifted his mindset at just the right time. And most importantly, it involves teamwork.
In this episode, Ben lays out the hiring process he used to build a real estate agent business. He talks about how he got used to rejection working as a “cable guy” and shares how YOU can find an off-market deal and start house hacking—without a lot of money out of pocket.
Ben also details the seven goals that influenced his every decision and the three things every leader should do when growing his or her business. (Hint: “inspect what you expect.”)
In the “Deal Deep Dive” segment, Ben tells us how he was able to buy a company for a hefty price by controlling the terms of the deal.
He’s a big-picture guy, who will challenge you to think differently about real estate and business. If you feel held back by tasks you don’t enjoy, listen to this show for practical tips on how to delegate more effectively.
Today’s episode will inspire you and help you invest more efficiently, so you can do what you love and watch your wealth grow.
In This Episode We Cover:The amazing story behind how Ben got started selling homesBeing recession proofWhy he builds and buys businessesUsing synergy to grow his RE empireWhat he looks for in a dealWhy he likes to buy and hold instead of flipHow big businessmen save on taxesWhat is the income triangle and how to flip itFinding great leaders as partners or employeesBuilding an ecosystem to help find him dealsQuestions he asks new hires or partners to determine if they are the right onesThe story about how he spent six days to find ONE hireWorking only do things he enjoysAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBrandon’s InstagramBiggerPockets Facebook PagePat Flynn’s PodcastThe Real Estate GuysBiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert GreeneBiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay PapasanDavid’s InstagramBiggerPockets InstagramBooks Mentioned in this ShowThe Millionaire Real Estate Agent by Gary KellerCashflow Quadrant by Robert KiyosakiRich Dad Poor Dad by Robert KiyosakiSet for Life by Scott TrenchExtreme Ownership by Jocko WillinkTax-Free Wealth by Tom WheelwrightThe ONE Thing by Gary Keller and Jay PapasanTweetable Topics:“I hate when people call me an entrepreneur and the reason is because 98% so-called entrepreneurs fail.” (Tweet This!)“Systems make the ordinary become extraordinary.” (Tweet This!)“People complicate things to justify their inactions.” (Tweet This!)“You can’t be chasing money because money runs too fast.” (Tweet This!)“Hire the things you don’t enjoy.” (Tweet This!)Connect with BenBen’s Personal WebsiteEmail BenBen’s Facebook PageBen’s Twitter ProfileBen’s Training Website
In this bonus episode, co-authors Carol and J Scott read from Chapter 5: Seller Motivation and Leverage. This passage reveals the exact questions the authors ask sellers, and how to “aggressively listen” for valuable information — even when making casual conversation. Plus, Carol and J do some investor/seller role-playing.
Order “The Book on Negotiating Real Estate” today at www.BiggerPockets.com/NegotiatingBook; you can get a physical copy, eBook, or audio version (that one is read by professional narrators) — OR just get the Ultimate package, which includes everything, PLUS access to two live Q&A webinars with Carol and J, two bonus videos, and a Quick Reference Guide with the top negotiating tips and tricks from the book
Would your real estate investing business benefit from better negotiating tactics? Of course it would!
On today’s show, Brandon and David sit down with J and Carol Scott, as well as Mark Ferguson, co-authors of the new BiggerPockets book The Book on Negotiating Real Estate. The authors discuss several powerful negotiating strategies, plus common misconceptions about negotiating, how “winning” in negotiating doesn’t always mean the other side is losing, and how the best deals are done through building rapport (with examples of how to do just that).
You won’t want to miss their tips on how to prepare for a negotiation beforehand—something that’s made them hundreds of thousands of dollars over the years—and how to negotiate with your own contractor to get the best prices possible!
This episode is full of advice to help you, the investor, save money and get deals. If you want to experience better results getting what YOU want out of a deal, download this one today!
In This Episode We Cover:Introducing J, Carol, and MarkCommon misconceptions about negotiatingHow winning doesn’t always mean the other side losingThe right mindset when it comes to negotiatingHow building rapport can get you dealsLearning to shift the negotiation off of price and into something elseTips in preparing for your negotiation beforehandNegotiating with your contractor to get the best deal possibleThe tip that’s made them hundreds of thousands of dollars over the yearsHow they closed on a deal using negotiating tactics to lower the price on an already great dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBrandon’s InstagramBe a Podcast GuestBiggerPockets Podcast 311: 6 Rules for Investing in Real Estate in the Coming Economic Shift with J ScottBiggerPockets Podcast 010 : Flipping Houses 101 with J ScottBiggerPockets Podcast 068: Being a Superhero House Flipper, Investor, and Team Leader with Mark FergusonThe Best Ever ConferenceBiggerPockets Podcast 189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl YarberBooks Mentioned in this ShowBRRRR by David GreeneThe Book on Flipping Houses by J. ScottThe Book on Negotiating Real Estate by J. Scott, Mark Ferguson, and Carol ScottMoneyball by Michael LewisThe Book on Rental Property Investing by Brandon TurnerLong-Distance Real Estate Investing by David GreeneThe Millionaire Real Estate Investor by Gary KellerNow, Discover Your Strengths by Marcus BuckinghamToo Perfect by Jeannette Dewyze & Allan MallingerThe ONE Thing by Gary Keller and Jay PapasanTweetable Topics:“90% of negotiation is literally the skills all of us already have.” (Tweet This!)“Treat every conversation as a discussion as opposed to as a questionnaire.” (Tweet This!)“Negotiate everything, always.” (Tweet This!)“The person who cares the least has the most power.” (Tweet This!)Connect with J and CarolJ and Carol Scott’s WebsiteJ’s BiggerPockets ProfileCarol’s BiggerPockets ProfileJ’s Facebook ProfileJ’s Twitter ProfileConnect with MarkMark’s WebsiteMark’s BiggerPockets ProfileMark’s Youtube Channel
Imagine building a business around work you’d do for free. Sound pretty great?
Today’s guest has done just that, and her story may change the way you think about investing. Brittany Arnason is a 26-year-old who’s converted her talent for hands-on work into a cash-flowing, 10-unit rental portfolio.
In this episode, Brittany shares how she learned the business of real estate and construction as a small child, bought her first property for $25,000, and worked on it herself to save money and learn the business.
She goes on to reveal her DIY secrets for adding value at minimal cost, how she applied skills she learned at her 9 to 5 to make her a more successful investor, and how she operates as a woman in a male-dominated industry.
Brittany has an incredible energy, spark, and passion for real estate, and it is infectious. Don’t miss how she uses creative strategies to finance her deals and the BRRRR method to fund unlimited projects.
This is an episode that will leave you pumped up and ready to go get your next (or first) deal. Download it today!
In This Episode We Cover:How Britt got her first rental property at the age of 18!Quitting her job as a power engineerPros and cons of doing your own workThe Lifeonaire StrategyThings that make a huge impact in a propertyUsing personal line of credit to fund dealsWhat is a Step Up mortgageDoing BRRRR strategy with her boyfriendFinding deals through realtors and MLSHow she learned DIY skills from the internetAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBrandon’s InstagramDavid’s InstagramChip GainesJoanna Gaines#HumboldtHouseRealtor.caPinterestBiggerPockets CalculatorRehab Estimator CalculatorBiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of MentorsGary Vaynerchuk on Finding Deals Through Social Media & Crushing It as an EntrepreneurBooks Mentioned in this ShowThe Book on Rental Property Investing by Brandon TurnerLifeonaire by Steve CookUnlimited Power by Tony RobbinsBRRRR Book by David Greene (coming soon!)J. Scott’s Book on Estimating Rehab CostLong-Distance Real Estate Investing by David Greene90 Days Journal by Brandon Turner (coming soon!)Gary Vaynerchuk’s Crushing It!The Subtle Art of Not Giving a F*ck by Mark Manson4-Hour Work Week by Tim FerrissFire Round QuestionsI wonder what your 3 favorite tools areHow many calls, showings, and applications you see before having a signed lease?Tweetable Topics:“New builds can be easier and more straightforward than rehabs!” (Tweet This!)“If it keeps you motivated and it keeps it fun for you, it probably will help your business.” (Tweet This!)“You have to do whatever it takes to make it work.” (Tweet This!)Connect with BrittBritt’s Instagram
How does finding and closing 15 deals a month sound? Today’s guest shares exactly how his team does just that!
Returning guest Nathan Brooks goes into detail about how he built a turnkey business that consistently finds and closes deals on a large scale. He also shares great info regarding how he uses the DISC profile to understand himself and his team members, his three-step process for rehabbing homes, and why he always has at least two sets of eyes on every deal.
Plus, he reveals what he wishes he had done differently in the beginning and how to alternate between a “10,000-foot view” of your business and being on the front line. You also won’t want to miss his discussion about mistakes newbies should avoid.
Nathan is a long-time investor with a heart-felt passion for helping others succeed. If you want to grow your real estate business, be sure to check out the incredible advice and encouragement he shares in today’s episode!
In This Episode We Cover:How Nathan uses the DISC profile to understand himselfWhat he would have done different if starting his business againHis three-step process for rehabbing homesWhy he always uses two sets of eyes on every dealHow he utilized meetups to grow his businessHow his team is buying 12-15 deals a monthHis rule for replacing anything that doesn’t have a 10-year life spanMistakes for newbies to avoidHow to alternate between a big picture view and daily activities to lead to successHow he handled his nightmare flipAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarSeth GodinBiggerPockets Podcast 313: How to Be Happy AND Grow a Massive Business with Entrepreneur Jesse Itzler (and Josh!)Tony Robbin’s DISC TestHow to Use the DISC Profile To Communicate Effectively in BusinessBiggerPockets Podcast 087: How to Thrive After The Collapse of a Real Estate Empire with Nathan BrooksBiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossBiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a YearBiggerPockets Podcast 159: How to Build a Real Estate Business That Buys 60 Deals a Year with Nathan BrooksBooks Mentioned in this ShowTraction by Gino WickmanNever Split the Difference by Chris VossOn the Shortness of Life by SenecaExtreme Ownership by Jocko WillinkGo Giver by Bob BurgFire Round QuestionsAny tips on negotiating with sellers in a competitive market?How can I tell if the wholesaler I’m dealing with is legit?Just curious if anyone else can share strategies for assessing property management companies?Tweetable Topics:“As soon as you can afford it, hire your weaknesses.” (Tweet This!)“The direction of your business is your responsibility.” (Tweet This!)“If you’re not taking professional pictures of your rental property, stop and start doing that now.” (Tweet This!)“Your business is only as good as you are.” (Tweet This!)Connect with NathanNathan’s BiggerPockets ProfileNathan’s Facebook ProfileNathan’s CompanyNathan’s Meetup Group
Interested in buying over 100 units in two years’ time? Today’s guest did just that!
Collin Schwartz shares the amazing story of how he built an impressive portfolio on the foundation of direct mail and networking through meetups. You’ll learn how Collin utilized a clever twist on the BRRRR method to avoiding paying cash for properties (but still get back his down payment), how he uses balloon notes to do this, and how his highly targeted direct mail strategy led to it all being possible. Collin also shares how he runs meetups to find deals, what his criteria are for buying properties, and how he partners/leverages with others to make this incredible success possible over such a short period of time.
Collin also earns income managing properties—and even leverages that business to find deals too! If you want a solid game plan that will lead to impressive growth, this is an episode you don’t want to miss!
In This Episode We Cover:How Collin went from handwriting 191 letters to over 100 units in two yearsHow he uses networking to find dealsHis direct mail strategyHow he uses the BRRRR method and traditional financingHis 50/50 partnership structureTips for using RUBS to increase profitWhat criteria he looks for in propertiesHow to run meetups to find dealsAdvice for using balloon notes to get into deals (and later refinancing)How to outsource paperwork and bookkeeping to othersHow he makes money managing his own propertiesAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarListSourceInvoice AmericaBiggerPockets EventsBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBiggerPockets JobsZillowLoopnetBooks Mentioned in this ShowWho: The A Method for Hiring by Geoff Smart and Randy StreetRich Dad Poor Dad by Robert KiyosakiThe Millionaire Real Estate Investor by Gary KellerShoe Dog by Phil KnightTweetable Topics:“In my mindset, more units, less risk.” (Tweet This!)“Real estate is forgiving.” (Tweet This!)Connect with CollinCollin’s BiggerPockets ProfileCollin’s MeetupCollin’s InstagramCollin’s LinkedIn Profile
Ever dreamed of being a successful multifamily investor who owns millions of dollars in real estate while others manage your assets?
Well, today’s guest is doing just that! Brandon and David sit down with Chad Doty, a one-time businessman who ditched corporate life and moved on to real estate, now owning 3,000 units!
Chad shares TONS of meaty insight, including what he looks for when choosing a market, where he’s currently investing (and avoiding), and four rules of thumb for building a multifamily business. Chad gives great advice regarding overcoming high barriers to entry, getting brokers to take you seriously (even as a newbie), and adding value to properties in order to generate big profits.
Plus, you DO NOT want to miss Chad’s take on finding deals others are missing, the order in which you should build your team, and how he would invest his grandmother’s last 100K! If you’re looking for an episode with so much value you’ll feel guilty you didn’t have to pay for it, download this one now!
In This Episode We Cover:How Chad got into multifamilyWhat evergreen isTwo real estate mythsWhat comes first: deal or moneyThe market he invests in and whyHis success metricsThe four components of any successful businessRaising money to fund an apartment buildingIncrease rent vs. decrease expensesWhat does his team look like managing thousands of propertiesRules of thumb for communicating with property managementHis thoughts on the future of today’s marketAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarReal Estate GlossaryGrant Cardone on Multifamily Investing and Why You Should Never Buy a House! (podcast)BiggerPockets Podcast 316: How to Become a Millionaire Through Real Estate by 26 with Graham Stephan (podcast)BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan (podcast)Books Mentioned in this ShowThe Speed of Trust by Stephen CoveyThe Millionaire Real Estate Investor by Gary KellerThe Goal by Eliyahu M. GoldrattTweetable Topics:“Money flows to competency not to good deals.” (Tweet This!)“Capital formation is the ultimate entrepreneurial skill.” (Tweet This!)“If emotions are going to be out there, use it to your benefit.” (Tweet This!)“Embrace the suck required to get good. But once you do that, the world is your oyster.” (Tweet This!)“Hospitals are 24-hour blue collar job factories.” (Tweet This!)Connect with ChadChad’s Personal WebsiteFree Report for Evidenced Based Investing
Interested in becoming a millionaire through real estate investing? Of course you are!
Today’s guest did just that—by age 26!
Brandon and David sit down with top-producing real estate agent and investor Graham Stephan as he spills the strategy he used to build massive wealth at such a young age. You won’t want to miss his “fortune formula,” including how he adds value to the deals he buys, how he saved money to invest without missing out on life’s experiences, and how he found work he loved to do so he could work hard while still feeling like he was on vacation.
Graham’s passion for real estate carried him to big success through investing, and he shares great advice for using YouTube to grow your brand. He also discusses how skipping college helped make him a millionaire and how he worked with his grandma to fund his first deal!
Graham touches on why he feels the future of RE is in development, ways to “make, not just find,” deals in today’s market, what to watch out for with Airbnb, and how he bought a house before he even owned a credit card.
DON’T miss this powerful show from someone who made the most of his 20s to set himself up for future success. Download it today!
In This Episode We Cover:Started as listing agent in L.A. at age 18Closing over 3 million dollars as a first deal that made him quit collegeThe plan he put in placeWhat he could’ve done betterWhat it’s like buying rental properties at a young ageHack on managing propertiesHouse hacking in LAThe Subway sandwich storyHow Graham became a millionaire in real estate by 26Why going to college would have set him back a decadeThe Millionaire FormulaHis current investments and future plansTips on landlordingAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets MeetBiggerPockets Career OpportunitiesMission MeatsBiggerPockets Youtube ChannelHow I became a Millionaire in Real Estate by 26 (video)BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert GreeneDavid Greene’s Youtube ChannelBooks Mentioned in this ShowThe Book on Managing Rental Properties by Heather and Brandon TurnerBuy It, Rent It, Profit! by Bryan M. ChavisThe 4-Hour Workweek by Timothy FerrissTweetable Topics:“If people worth 10 million dollars are buying these properties, chances are this is something I should start paying attention to myself.” (Tweet This!) “You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.” (Tweet This!)“Going to college for me would have set me back probably almost a decade.” (Tweet This!)“For me, my work is my vacation.” (Tweet This!)“Every year there’s a new opportunity out there.” (Tweet This!)“Landlording is a skill.” (Tweet This!)“If you pick up the phone, you are ahead of 80% of agents out there.” (Tweet This!)Connect with GrahamGraham’s Youtube Channel
Interested in learning techniques that will virtually guarantee you success, regardless of your field of interest? Of course you are!
On that front, today’s show will not disappoint! Brandon and David interview bestselling author Robert Greene, whose latest book is titled The Laws of Human Nature.
Robert discusses brilliant concepts regarding earning the trust of others, determining who you can trust in an interaction, and developing the super power of reading other people’s non-verbal cues. He also shares valuable insight that will help you positively impact the emotions of others around you, put yourself in a peak state of performance, and activate the power of your own emotional connection to things you are passionate about.
And do not miss Robert’s advice on making sure others cannot manipulate or deceive you, or what he’s learned studying Leonardo da Vinci and others who have mastered their crafts! If you want to become the investor who gets deals first, gets the best prices on rehabs, and is less likely to be fooled in a transaction, download this episode right now!
In This Episode We Cover:Robert’s mentor-mentee relationship with Ryan HolidayWhat a mentor is looking for a menteeWhat are the laws of human natureUnderstanding human nature and why it’s the most important skillSeeing through people beyond the surfaceValidating the good in peopleFlattery vs. recognizing somebody’s strengthThe different biases and how we’re governed by emotions– Conviction bias– Appearance bias– Group biasTechniques to resist these biasesHow to present yourselfMastery and being emotionally connected to what you doAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday (Podcast)Insight TimerBrandon’s InstagramDavid’s InstagramBiggerPockets’ InstagramBooks Mentioned in this ShowThe 48 Laws of Power by Robert GreeneMastery by Robert GreeneThe Art of Seduction by Robert GreeneLaws of Human Nature by Robert GreeneI Hope They Serve Beer in Hell by Tucker MaxThe 50th Law by 50 Cent and Robert GreenePitch Anything by Oren KlaffThe Art Of War by Sun TzuPrinciples by Ray DalioThe Obstacle Is the Way by Ryan HolidayThe Book on Rental Properties by Brandon TurnerLong-Distance Real Estate Investing by David GreeneTweetable Topics:“The most important thing you are looking for is not a glittering resume, it’s not charm, but their character.” (Tweet This!)“The most important skill you can develop in life is understanding people.” (Tweet This!)“The energy that you present people, is how they’re going to see you.” (Tweet This!)Connect with RobertRobert’s Personal Website
Would your real estate business benefit from better rehab/construction knowledge or tactics? Well, that’s the focus of today’s show, where Andresashares her story of moving from Brazil to America and crushing it in the real estate space!
Andresa excels in an area many of us find extremely challenging: managing rehabs. In this episode, she pulls back the curtain and shares tips for how you can do the same. Andresa gives great advice for finding excellent contractors (and vetting them), the three things she puts in every contract, and how she makes sure she’s never ripped off.
You won’t want to miss her advice on finding the perfect team, determining the scope of work for your project, and learning your market. Andresa also shares a killer tip about challenging low appraisals she’s used successfully three separate times! Andresa is able to skillfully manage several rehab projects at a time while also running a side Airbnb business and gives great guidance on how you can do the same. Download this one now!
In This Episode We Cover:How Andresa got into real estateHow she finds great contractorsThe three things she puts in her contractHow she pays her contractorsHer advice for finding the perfect teamHow she embraces what she’s good atWhy you should be humble enough to partner with othersHow she determines her scope of workTips for understanding your marketHow she challenges appraisalsHer advice for Airbnb investingAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side Of No Money Down with Ryan MurdockBest Ever ConferenceBiggerPockets EventsBiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz FairclothBiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Book on Investing with Low or No Money Down by Brandon TurnerExtreme Ownership by Jocko WillinkNever Split the Difference by Chris VossLong-Distance Real Estate Investing by David GreeneTraction by Gino WickmanThe Code of the Extraordinary Mind by Vishen LakhianiTweetable Topics:“There’s somebody for every role.” (Tweet This!)“Get the ‘no’ first because that is when the negotiation starts.” (Tweet This!)“Partner up with somebody that is willing to share to you the entire process.” (Tweet This!)Connect with AndresaAndresa’s BiggerPockets ProfileAndresa’s Website and Podcast
You want to crush it in real estate investing. But you also want fun, adventure, and time for yourself and your loved ones. Can you have both? Our guest today says, “YES!”
Jesse Itzler is a serial entrepreneur who’s worn a lot of hats: rapper, founder of a private jet company (sold to Warren Buffett’s Berkshire Hathaway), partner in a coconut water venture (sold to Coca-Cola), ultra-marathoner, and part-owner of the Atlanta Hawks.
Jesse shares his plan for 4x-ing your productivity, what he learned from living with a Navy SEAL (and writing a book about it!), and why investors must learn to “fall in love with the process,” rather than the product. You’ll learn his trick for scheduling memorable experiences and why you should develop your own “happiness meter.”
Oh, and stick around to hear Jesse’s hilarious story about performing in front of 600,000 people—and forgetting the words. This show is packed with wise counsel for anyone who is or wants to be a hard-charging entrepreneur, but also craves more balance and bliss. Download this episode, and share it with a friend or family member who would enjoy it! When you do, tag us on Twitter (@jrdorkin, @brandtonatBP, @biggerpockets) or Instagram (@jrdorkin, @beardybrandon, @biggerpockets)!
In This Episode We Cover:Jesse Itzler’s backstoryThe moment of the most happiness -41 bucks story!How to measure happiness with the “Happiness Meter”The “3-Hour Rule”What Kevin’s Rule is and why you should create “moments”Advice for making the most of lifeWhy you should think through: What do I want to be known for in the next 5 years?How to reach out to people who you aspire to meetHis advice on growing multiple businessA way to redefine failureThe MisogiAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarAtlanta HawksMarquis JetZico Coconut WaterJesse Jaymes – Shake It Like A White Girl (Video)SpanxThe Happiness Meter by Jesse Itzler at TEDxHickory (Video)29029 EverestingJosh’s InstagramJosh’s Personal WebsiteBrandon’s InstagramBooks Mentioned in this ShowLiving with a SEAL by Jesse ItzlerLiving with the Monks by Jesse ItzlerFit For Life: A New Beginning by Harvey DiamondRich Dad Poor Dad by Robert KiyosakiThe E-Myth Revisited by Michael GerberThe ONE Thing by Gary KellerThe 4 Disciplines of Execution by Chris McChesney, Sean Covey, & Jim HulingThe Wealthy Barber by David ChiltonTweetable Topics:“If you have health, you have hope. If you have hope, you have everything.” (Tweet This!)“In most areas of our life, there’s a way to measure almost everything.” (Tweet This!)“As we get older, it’s very hard to create newness.” (Tweet This!)“If it’s not important to you, it’s not going to happen.” (Tweet This!)“People buy into stories more than products.” (Tweet This!)“As a parent, praise your kids’ effort, not the result.” (Tweet This!)“Money is fun to make, fun to spend, and fun to give away.” (Tweet This!)Connect with JesseJesse’s WebsiteJesse’s Instagram
Excited about real estate investing and looking for a blueprint to follow? Well, you’re in luck!
Today’s guest James Masotti is a well-rounded investor who’s piling up properties while working a full-time job.
James shares how he consistently finds deals in a competitive market (it’s not through the MLS), how he funds these deals (it’s not with his money), and how he handles the common complications every investor faces.
He also gives some great advice for acquiring properties already occupied by tenants, and explains how he keeps his partner and lenders happy even when things don’t go according to plan. He offers tips on planning for CapEx and dealing with the dark side of real estate investing, too.
Plus, you won’t want to miss his advice when it comes to building funnels to find deals, as well as just what to look for when interviewing real estate agents.
James has a straightforward, no-nonsense approaching to succeeding in today’s market and provides tons of good content for how you can do the same! Download this episode today!
In This Episode We Cover:Jame’s entrance into real estate investing while having a professional careerCash reserves and how he plans for CapExHow he finds and funds dealsDealing with tenant evictionsFinding the lender you needWhat a debt cover ratio isWhy he continuously builds funnelsHow to handle when things go wrongAnalyzing and overcoming the dark side of real estate investing!And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBe a Guest on the PodcastBiggerpockets Investor Deal DiariesBiggerPockets Meetup and EventsBiggerPockets MarketplaceBiggerPockets Podcast 308: From 0 to 400 Units in 3.5 Years with Sterling WhiteBiggerPockets Podcast 297: Mastering the Decision-Making Process with Business (and World Series of Poker) Champion Annie DukeBiggerPockets Podcast 304: Using Incredible Strength of Mindset to Succeed Despite Overwhelming Obstacles With Nick SantonastassoThe Blitzkrieg Rent Collection Plan for Landlords (Blog)What is CapEx in Multifamily Real Estate Investing (Blog)Biggerpockets BookstoreBooks Mentioned in this ShowThe Book on Managing Rental Properties by Heather and Brandon TurnerI Will Teach You To Be Rich by Ramit SethiThe Book on Estimating Rehab Costs by J. ScottThe Richest Man in Babylon by George S. ClasonRich Dad Poor Dad by Robert KiyosakiE-Myth by Michael E. GerberLifeonaire by Steve CookFire Round QuestionsHow to create a deal in partnership?Late rent problems, let me know your strategy!What are the most important rules of thumb you use when analyzing properties?Tweetable Topics:“Real estate is very forgiving.” (Tweet This!)“When you’re looking to scale, you want to have reserves available.” (Tweet This!)“Don’t chase something that you’re not comfortable with because that’s when you get in trouble.” (Tweet This!)Connect with JamesJame’s BiggerPockets ProfileJame’s LinkedIn ProfileJame’s Twitter ProfileJame’s Facebook ProfileJame’s Instagram
Are you a real estate investor concerned with the potential of a shifting economy? These concerns are understandable, and today’s guest has some great techniques for both protecting your money and taking advantage of deals in any market! J Scott,...
Looking to find financial independence through real estate but don’t want to be responsible for a portfolio of 100 homes? Well, that’s exactly what today’s guest is doing!
Jenny Bayless is a real estate investor in Colorado who is using long-distance investing principles to systematically build a portfolio of cash flowing properties using the BRRRR method! Jenny is absolutely crushing it by “making” deals in today’s tough market and shares what she looks for that other investors miss.
Learn her system for targeting fixer-upper properties, how she estimates rehab costs, and the method her real estate agent uses to send her videos of potential properties so she doesn’t have to drive hours to see them. Jenny also shares how she uses hard money to buy “cash,” how she found a rockstar agent, and how she backed into an “accidental BRRRR” that led to future success!
Today’s episode is equal parts inspirational and practical with TONS of actionable advice. If you want to retire early with real estate but don’t want the headache of managing 100 homes, don’t miss this show!
In This Episode We Cover:Long-distance principles Jenny uses to invest near her marketHow Jenny uses the BRRRR strategy to systematically grow her portfolioWays to chase financial freedom without a monstrous portfolioHow she has an agent do her due diligence for herThe strategy she uses to “make” deals in a today’s tough marketHer opinion on how to use turnkey properties to get started investingWays to start with fixer-upper properties to get great deals in a hot marketHow she uses hard money to buy “cash” dealsHow she estimates rehab costs before writing offers,Her “accidental” BRRRR storyHow she’s pursuing financial independence with only 10 homes!And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerpockets’ InstagramBrandon’s InstagramBiggerPockets BRRRR GuideHow BRRRR Increases Your ROI (And Why You Should Be Using It)BiggerPockets CalculatorsBiggerPockets BookstoreQuickbooks OnlineCozy Property ManagerBuildium Property ManagerAppfolio Property Management SoftwareBooks Mentioned in this ShowThe Book on Estimating Rehab Costs by J. ScottThe Book on Flipping Houses by J. ScottLong-Distance Real Estate Investing by David GreeneBuilding Wealth One House at a Time by John SchaubThe Book on Managing Rental Properties by Heather Turner and Brandon TurnerRich Dad’s Cashflow Quadrant by Robert KiyosakiTweetable Topics:“The worst that they can say is no.” (Tweet This!)“We all know what it’s like to have a job. We don’t all know what it’s like to run a business.” (Tweet This!)Connect with JenniferJennifer’s BiggerPockets Profile
Have you ever considered flipping houses for cash but aren’t sure where to start? If so, today’s episode is perfect for you! Brandon and David interview Steven Pesavento, a long distance flipper who’s doing 75 deals a year. Steven shares several of his tips for success, including just what he does to keep his pipeline full of deals, how he follows up with qualified leads, and the strategy he used to get good at closing deals working for someone else!
You’ll love Steven’s system for choosing the best market to flip in, how he systematically ramped up his business, and how he built a team from the ground up (including each team member’s job title and description)! This episode is chock full of specific, actionable advice that will apply to newbies and experienced pros alike. Download and listen today!
How he finds his deals, where he is consistent and wins the long game, how he flips 75 houses a year, when to grit and when to quit, how to know when it’s time to ramp up your business, how to build and scale your business, the order in which you should hire, what makes up an all-star team, why repetitions are so important, and what to look for in a partner to help grow your business.
In This Episode We Cover:Steven’s background and how he got into real estateLearning through modeling successful investorsThe very first deal (which was not that great)How he set his goalsKnowing the right time to get seriousDirect mail and other marketing methods that worked for himPartnering with great peopleFrom zero to 75 deals within two yearsRaising money from private investorsRenting his personal home on Airbnb to pay the billsLiving frugally to get the business runningNot taking a paycheck until year two so he could invest in people and growthAnd SO much more!Links from the ShowBiggerPockets GiftBiggerPockets ForumsBiggerPockets WebinarBiggerPockets JobsTony Robbins’ WebsiteBiggerPockets PodcastBiggerPockets Podcast 307: The Science Behind Setting and Achieving Big GoalsBiggerPockets Hard Money LendersTony Robbin’s EventsAmazonBooks Mentioned in this Show90 Days of Intention by Brandon Turner (Journal)Four Hour Workweek by Tim FerrissThe ONE Thing by Gary KellerRich Dad Poor Dad by Robert KiyosakiNever Split the Difference by Chris VossAwaken the Giant Within by Tony RobbinsFire Round QuestionsDoes anyone know of a way to finance a house where I could sell it in 3 months without hard money or cash?What kind of presentation do you use when trying to get funding for your flips?Any tips and tricks you use to ensure that you won’t go over budget during your rehab?How do I qualify for a loan to fix and flip houses without savings or good credit?Tweetable Topics:“It’s not about how I may get rich, but it’s about how am I going to learn everything that I possibly can.” (Tweet This!)“We’re not doing anything special, we’re just doing it.” (Tweet This!)“It’s a very simple business, but it’s not that easy.” (Tweet This!)Connect with StevenSteven’s BiggerPockets ProfileSteven’s Company WebsiteSteven’s Facebook ProfileSteven’s Twitter Profile
Would your life be positively impacted by owning over 400 rental units? What if you could get there in under four years? On today’s show, we interview BiggerPockets contributor Sterling White, who has managed to do just that!
Sterling shares how he started his entrepreneurial journey selling Pokemon cards and eventually worked his way up to owning over 150 single family properties (and several multifamilies as well). He also shares how he finds 90-100% of his properties OFF MARKET using a five-step system for finding and closing on them (so simple anyone can do it), as well as the script he uses when speaking directly to sellers. You don’t want to miss his powerful secret for building rapport with potential leads (by sending a specific puzzle to them in the mail) and how he raises money to close on these properties.
If you want to scale your business and want the blueprint for how to do it, don’t miss this powerful episode!
In This Episode We Cover:How Sterling got into real estate, working for free just to learnNegotiating equity: What is it?Why you possibly shouldn’t go the wholesaling routeThe benefit of focusing on your strengthsHow to work with your family and friends and branching out from thereHow he finds deals—cold call mixed with direct mailWhy he sends Rubik’s cubes to prospectsTips for creating a network of investors by building a funnelWhat his team looks likeAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsBiggerPockets EventsMentorBetter Business BureauBiggerPockets BlogBiggerPockets Facebook ProfileBiggerPockets Podcast 061: How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and BenBiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew CushmanBiggerPockets Youtube ChannelUpworkFiverrListSourceBrandon’s InstagramDavid’s InstagramBooks Mentioned in this Show90 Days of Intention by Brandon Turner (Journal)Jab, Jab, Jab, Right Hook by Gary VaynerchukMulti-Family Millions by David LindahlLead the Field by Earl NightingaleFire Round QuestionsShould you invest in a passive deal first or jump straight in to being a deal sponsor?What do you believe are the pros/cons or benefits/risks of investing in multifamily and residential rental properties?Can you wholesale multifamily properties?What expenses I should consider when analyzing an apartment complex?Does anyone have any creative ways to target owners of apartment complexes to try and complete a deal?Tweetable Topics:“You just have to train yourself to get past objections.” (Tweet This!)“Share your story to other people who are where you were.” (Tweet This!)“If you can’t negotiate the price, negotiate the terms.” (Tweet This!)“Everything is selling. Even when you’re buying, you still have to sell.” (Tweet This!)“We all have a short amount of time on this planet, so might as well go after your dreams and goals ultimately.” (Tweet This!)Connect with SterlingSterling’s BiggerPockets ProfileSterling’s Company Website
Raise your hand if this describes you: You start working toward a new goal with excitement, only to watch it eventually fizzle out to nothing. If you’re human, it’s likely you’ve experienced this phenomenon. Why is it some goals are just so hard to accomplish, whereas others we’re able to conquer with ease?
On today’s episode of The BiggerPockets Podcast, that’s exactly what you’ll discover. Diving deep into psychological research on goals, motivation, and time management, Brandon and David will pull back the curtain on how people set and accomplish big goals and give you a GPS toward changing your life forever. If there is one episode you listen to all year, let it be this one!
In This Episode We Cover:The real estate G.P.S. systemGOALSpecificDifficultFeedbackCommitmentTraining your reticular activating systemMake sub goalsReward yourself for small winsPLANWhy humans need processes and stepsLead measures vs. leg measuresLearn the L.A.P.S. system on finding dealsKeystone habitsSCHEDULESchedule meet-upsSet the behavior, time, and locationACCOUNTABILITYWhy you may want to join a group that meets weekly with clear structureAnd SO much more!Links from the ShowGoBundanceBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBiggerPockets CalculatorsRealtor.comJames ClearBiggerPockets EventsGoals Research Summary (Graphs)Brandon’s Blog PostsStickK AppSteph Curry Shoots ‘Til He Makes 500 3-Pointers Every Day: Here’s the Crucial Lesson That Teaches Us (Blog)Books Mentioned in this Show90 Days of Intention by Brandon Turner (Journal)Handbook of Positive Psychology by CR Snyder & Shane J. Lopez59 Seconds: Change Your Life in Under a Minute by Richard WisemanThe Miracle Morning by Hal ElrodPower of Habit by Charles DuhiggThe Subtle Art of Not Giving a F*ck by Mark MasonPitch Anything by Oren KlaffTweetable Topics:“When people wrote down their goals, they were 33% more successful in achieving them.” (Tweet This!)“Subconscious is a powerful ally, but a terrible master.” (Tweet This!)“Every goal you desire is preceded by a process required to get the results.” (Tweet This!)Connect with Brandon and DavidBrandon’s InstagramDavid’s Instagram
Are you looking to take your investing from casual to serious someday? Have you ever thought about what it would take to own thousands of units without having real estate run your life?
Well, you’re in luck! On today’s show, we interview Monick Halm. Monick’s story will blow you away as she shares how she went from house hacking a duplex in L.A. to owning over one thousand units! Monick’s super simple system for finding others to partner with and invest in her deals has allowed her to scale without creating an overwhelming amount of work for herself.
You’ll be amazed at Monick’s super simple formula for using the “three Cs” to find partners, her tips for raising private money naturally, and the effortless way she scales her investing. Do NOT miss her seven step criteria for choosing a new market and how to evaluate an area to find where it is in the market cycle (including which point you want to jump in at). Monick’s story is creative, encouraging, and inspiring to investors of all levels. Don’t miss out on this show filled with practical advice today!
In This Episode We Cover:How Monick bought at worst time to get into real estateHow she partnered on her first house with a friend and each lived in one side (unique and creative house hacking technique)How she met Robert Helms of the Real Estate Radio podcast and it changed her thinkingHer “Three C” system for evaluating potential partners to work with: Character, Commitment, CapacityHer 7 criteria for choosing a market to invest in: Population growth, Job growth , Diversified economy, Landlord friendly, Business friendly, In the right part of the market cycle (rising market), FamiliarityHow she ramped up her business by getting into syndicationWhy finding “business friendly” markets will help ensure you have a healthy tenant poolThe four stages to a market cycle (and which one you want to look for when deciding when to jump in)How she developed land to create an awesome RV park to satisfy a market with massive rental demandAnd SO much more!Links from the ShowBiggerPockets ForumsBecome a Guest at the BiggerPockets PodcastThe Real Estate Guys RadioFlip or Flop (TV Series)Secrets of Successful SyndicationBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiSet for Life by Scott TrenchTurning Pro by Steven PressfieldThe War of Art by Steven PressfieldFire Round QuestionsWhere to start a syndication?When starting out what was the best way to find partners?Tweetable Topics:“Relationship is very crucial in real estate investing.” (Tweet This!)“Great talent does not cost you money; it makes you money.” (Tweet This!)“Definitely, we’d have not gone where we are now if we were doing this alone.” (Tweet This!)“Your network is your net worth.” (Tweet This!)Connect with MonickMonick’s BiggerPockets ProfileMonick’s Personal WebsiteVIP Assets
Are you interested in retiring early with real estate but don’t want to manage hundreds of properties to do so? Today’s guest has managed to travel to 54 countries in the last three years after retiring in his 30s by owning just FIVE properties.
Brad Dantonio shares exactly how he reached financial independence at such a young age by focusing on three unique skill sets (and how you can, too). In this episode, you’ll learn how Brad has created “time wealth,” how he tracks every expense he has, and how he achieved the equivalent of a four-year degree while sitting in Houston traffic!
Brad also gives us the three tips he shares with young people (including how to take your journaling to a whole new level), how he forever changed his relationship to fear, and how learning the art of delaying gratification at a young age gave him an advantage over his competition for life! Brad has a fantastic story of overcoming adversity as a young child and using his setbacks as fuel to create the system he used to retire early and live the life of his dreams. If you want to use real estate to live your best life, this is an episode you don’t want to miss!
In This Episode We Cover:How Brad got into real estateHow he increased his income every year for 13 years because he was fanatical about self-developmentHow journaling impacted his lifeThe story of him selling his software to make money and using it to to buy housesHow he ended up self studying about negotiation and salesHis offensive and defensive techniques on living less and earning moreThe value of tracking expensesWhy he thinks he’s wealthier than billionaires through the concept of time wealthAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Meetup and EventsBiggerPockets WebinarsMy Fitness PalMy Body TutorToshlHow Does it Feel to be Rich? (Blog)BiggerPockets StoreMBA562 Guest Teacher: Brandon Turner- How to (Finally) Write a Wicked-Awesome Book in 100 Days or Less (Podcast Episode)A Simple 4-Step Process for Writing Your First Book in 100 Days (Blog)Connect with BiggerPockets PublishingSalesForceAmazonBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiLifeonaire by Steve Cook & Shaun McCloskeyPoor Charlie’s Almanack by Charles T. MungerHow to Invest in Real Estate by Joshua Dorkin, Brandon TurnerHow to Win Friends & Influence People by Dale Carnegie90 Days of Intention Journal by Brandon TurnerThe Richest Man in Babylon by George S. ClasonTitan: The Life of John D. Rockefeller, Sr. by Ron ChernowRobert Greene’s MasteryThe 48 Laws of Power by Robert GreeneShoe Dog by Phil KnightFire Round QuestionsHas anyone compared the returns of a stock/bond portfolio against investing remotely in real estateIf someone has the money to pay the mortgage in full, should they do it? or invest it?To MBA, or not to MBA?Would you buy a property with pending tenant evictions?Tweetable Topics:“Inspect what you expect.” (Tweet This!)“You can’t spend enough money on books.” (Tweet This!)Connect with BradBrad’s Personal WebsiteBrad’s Twitter ProfileBrad’s InstagramBrad’s Facebook Page
If you’re looking to have your mind completely blown and walk away feeling like you can and WILL do anything, this show is for you! Today’s guest is inspirational figure, fitness model, and Vine sensation Nick Santonastasso.Nick shares his personal story and holds nothing back, describing how he’s overcome the difficulties of being born with Hanhart syndrome and the incredible mindset he’s developed along the way that led to him meeting Dwayne “The Rock” Johnson, becoming an online viral sensation (and scaring a character from The Walking Dead as a zombie), climbing a mountain despite the absence of three limbs, and more!
Nick shares tons of actionable steps for overpowering fear, overcoming and adapting to any environment, harnessing the power of gratitude, and more than we can list here! If you’ve ever been stuck in a personal rut and want to find a way to establish a mindset that ALL real estate investors should be adopting, listen to this episode and share it with someone you love!
In This Episode We Cover:Nick’s story and a life with Hanhart syndromeChanging your internal languageThe story behind the skateboard handstandThe importance of having an authentic selfThe “must be nice” syndromeThoughts on having a “massive footprint”Breaking down goalsModeling yourself on someoneGratitude and why it’s importantChoosing empowering over disempowering thoughtsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsDavid’s InstagramBrandon’s InstagramBiggerPocket’s InstagramBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiVictim to Victor by Nick SantonastassoTweetable Topics:“The emotion of gratitude outweighs all emotions.” (Tweet This!)“Humans in general have the tendency to start with ‘cannot.'” (Tweet This!)“Everything in life is trial and error.” (Tweet This!)“The biggest disability you can have is a bad mindset.” (Tweet This!)Connect with NickNick’s Youtube ChannelNick’s Facebook Profile
Are you a little tired of hearing about all the “successes” of real estate investors and wondering how realistic this is in the real world? Well, on today’s show, Brandon and David share the 10 biggest mistakes they’ve made in their investing careers—warts and all!
Let’s be honest—real estate isn’t all sunshine and rainbows. Mistakes happen! In this episode, we cover WHY investors often sabotage their own success and what can be done to overcome this! You’ll learn how to avoid massaging your numbers to force a bad deal through, how to guard against getting ripped off by contractors, how to hire the RIGHT team members to help you succeed, and how to fire the wrong ones!
We also cover the high cost of analysis paralysis and how to move past it, how to choose the right market for yourself, and the mistake that cost David $5,000—simply because he didn’t understand how inspection periods work in different states. If you want to see the real story behind real estate investing, including the stuff that often isn’t talked about, don’t miss your chance for some authentic, honest transparency from two experienced investors!
In This Episode We Cover:A discussion on waiting to start investing because you don’t feel you can do it yetThe pros and cons of doing everything yourselfThe danger of working with the wrong peopleStories of buying the wrong dealHow to avoid not managing people correctlyWhat can happen when you underestimate rehab costsWhy you shouldn’t put too much down on a propertyThe pitfalls of not doing enough market researchAvoiding investing because your state is too expensiveNot rehabbing correctlyAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets PodcastBiggerPockets ContractorsBiggerPockets LoansBiggerPockets Analysis ToolsBiggerpockets File PlaceHow to Buy Real Estate & Build Your Portfolio Fast! (“The Stack!”)Books Mentioned in this ShowEgo is the Enemy by Ryan HolidayThe Millionaire Real Estate Agent by Gary KellerThe Book on Estimating Rehab Costs by J. ScottSo Good They Can’t Ignore You by Cal NewportHigh Performance Habits by Brendon BurchardFire Round QuestionsIs there a formula for budgeting for preventative maintenance and repairs.How long does it usually take you to get a unit rented out after purchasing?I am looking for advice and knowledge on how to go about getting into a second deal with all my funds tied up in this duplex currentlyWhat are your screening criteria that you use for weeding out bad deals when you’re looking to BRRRR?Tweetable Topics:“Thinking small is more expensive than failing big.” (Tweet This!)“Find an investor-friendly agent.” (Tweet This!)“Calculators don’t have egos.” (Tweet This!)“The wise investor understands equity equals safety.” (Tweet This!)“Define what you want and work for it until you get it.” (Tweet This!)Connect with Brandon and DavidBrandon’s InstagramBrandon’s BiggerPockets ProfileDavid’s InstagramDavid’s BiggerPockets Profile
Ever had an interest in house flipping but felt you needed help getting started? Today’s show covers that exact topic!
Cory Nemoto is an extremely humble but successful house flipper in Hawaii who is CRUSHING the game. On today’s show, Cory shares his personal strategies for keeping his pipeline full of great deals, what techniques he uses to make a minimum of $100k on each deal, how he partners with new investors to make everyone money, and his brilliant tips for building relationships with those most likely to build his business. You do not want to miss Cory’s unique strategy for using “debt-quity” to get deals brought to him before anyone else!
Cory has been so successful flipping houses in Hawaii that he’s moved his system to Seattle, where he’s crushing it there too—all using very simple methods built on relationships and creating win-win scenarios. If you’re looking for a can’t-miss way to build a profitable house flipping business, listen to this one!
In This Episode We Cover:The two reasons you should NOT get into real estate investingFiguring out your big “why”Cory’s unique strategy for getting started What exactly “debt-quity” isHow he makes a MINIMUM of $100k on each flipThe networking strategy Cory uses to keep his pipeline fullWhere he finds hungry, ambitious, and like-minded people to partner with and his brilliant strategy to connect with themAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets EventsBiggerPockets Podcast 189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl YarberBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Book on Flipping Houses by J. ScottThe Go-Giver by Bob Burg & John David MannFire Round QuestionsIn your own experience, how or what have you done to find deals off-market?How are you finding your deals?Would it be better to buy higher end properties in good locations maybe?I am considering to invest a property either in Silicone Valley or Seattle area. What do you guys think?Anyone ever hold a “contractor” open house (so to speak)?How to source trustworthy contractors and inspectors?Tweetable Topics:“Even if the profit is small, it doesn’t mean it’s not a good deal.” (Tweet This!)“Every deal is different.” (Tweet This!)“If you’re in it for the money and the image, then you’re not going to make it.” (Tweet This!)Connect with CoryCory’s BiggerPockets ProfileCory’s WebsiteCory’s InstagramCory’s Facebook Profile
Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the BRRRR strategy to buy fixer-upper properties in other states, then refinances to use the money to buy more deals!
Alex Felice shares his valuable insights on his criteria for analyzing deals, how he builds his out of state team, and why he’ll never look at a property in person! You won’t want to miss Alex’s strategies for overcoming the fear of investing long distance, as well as his plan for living broke on purpose and how he combines long-distance investing with the BRRRR method to build a portfolio that scales! Alex is a high-energy individual who is passionate about taking action and building the future he wants. Don’t miss your chance to learn from what he’s accomplished, and start making progress building your own portfolio now!
In This Episode We Cover:Alexander’s back story and how he got into real estateWhy live-in flip?His strategy of being broke on purposeHow he learned about the BRRRR strategyWhy he thinks being close to your property is a crutchThe importance of “skills that scale”: networking and educationHow to complete a BRRRR in 8 weeksWhat delayed financing isHow to know what a good deal looks likeWhat “unicorn paralysis” is and how to avoid itHis strategy in his own marketHow to think like an underwriterAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Landlord FormsZillowTruliaHow I Analyzed a Deal in 5 Minutes (& Bought it Before Anyone Else Could) (blog)The Secret to Unlocking Bank FinancingThe highest return on investment you can make – Best Investment Books(blog)Books Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiPrinciples: Life and Work by Ray DalioSapiens: A Brief History of Humankind by Yuval Noah HarariThinking, Fast and Slow by Daniel KhanemanScience in the Soul by Richard DawkinsThe Demon Haunted World by Carl SaganFactfulness by Hans RoslingFire Round QuestionsCan someone explain BRRRR to me like I’m a second grader?What are some pro’s and con’s with buying investment properties out of state?I was just wondering, what questions should I ask potential real estate agents before I make them apart of my team?I am looking to purchase some property online sight unseen. Can you give me any tips for purchasing property like this?Do you focus on properties with little to no repairs?Tweetable Topics:“Live life broke and save a bunch of money.” (Tweet This!)“Being close to your property is a hindrance.” (Tweet This!)“The only point of the first deal is to get the second deal.” (Tweet This!)“As fast as you can, as slow as you need to, but don’t set your goals too small.” (Tweet This!)“You want to convince people that are better than you to deal with you.” (Tweet This!)Connect with AlexanderAlexander’s BiggerPockets ProfileAlexander’s Personal Blog
What is the best way to get started investing in real estate? The problem with this question is that there are SO many different pieces of advice. That’s why we’re excited to bring you one of the most unique episodes of the BiggerPockets Podcast we’ve ever had. In this episode, Josh Dorkin is back—and he and Brandon deliver a series of interviews with some of the past guests from the BiggerPockets Podcast, including David Greene, Kenyon Meadows, Andrew Cushman, Arianne Lemire, Darren Sager, Ryan Murdock, Tim Shiner, Anson Young, Zeona McIntyre, and Ben Leybovich.
In This Episode We Cover:Why live and rent with Tim ShinerDarren Sager on what real estate investing strategy to focus onHow to know if you’re ready with Ben LeybovichHow Zeona McIntyre converts any kind of property into rentalsAnson Young’s thoughts on when to tackle projects with grit and when to quitWhy Kenyon Meadows thinks you should find an in-person mentorDavid Greene’s “one thing”How Arianne Lemire analyzes a deal each dayWhy Andrew Cushman focuses on process rather than outcomeRyan Murdock’s concept of cash reservesHow to live-in flip with Mindy JensenAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets StoreBiggerPockets WebinarBiggerPockets EventsBiggerPockets Money PodcastBooks Mentioned in this ShowHow to Invest in Real Estate by Josh Dorkin and Brandon TurnerInvesting in Real Estate with No or Low Money Down by Brandon TurnerSet for Life by Scott TrenchUltimate Beginner’s Guide to Real Estate Investing by BiggerPocketsRich Dad Poor Dad by Robert T. KiyosakiLong-Distance Real Estate Investing by David GreeneEmerging Real Estate Markets by David LindahlMy Wife Hates Loves Rent Houses by Tim and Crystal ShinerEntrepreneurial Reflections by Jay RodgersHamburger America by George MotzNever Split the Difference by Chris VossExactly What to Say by Phil M. JonesHow I Turned $1,000 into Five Million in Real Estate in My Spare Time by William NickersonWay of the Peaceful Warrior by Dan MillmanFinding and Funding Great Deals by Anson YoungGrit: The Power of Passion and Perseverance by Angela DuckworthHigh Performance Habits by Brendon BurchardAlternative Financial Medicine by Kenyon Meadows M.D.Building Wealth One House at a Time by John SchaubThe ONE Thing by Gary KellerThinking in Bets by Annie DukeLiving with a SEAL by Jesse ItzlerExtreme Ownership by Jocko WillinkSo Good They Can’t Ignore You by Cal NewportMiracle Morning by Hal ElrodThe 4-hour Workweek by Timothy FerrissRichest Man in Babylon by George S. ClasonHow to Sell Your Home by Mindy JensenTweetable Topics:“I really don’t care that much if I’m negative or positive. My bigger thing is appreciation.” —Tim Shiner (Tweet This!)“You can’t do something until you are ready to do it.” —Ben Leybovich (Tweet This!)“Everything that we do has a process.” —Brandon Turner (Tweet This!)“You can go for an online course or YouTube videos, but you cannot replace that in-person mentor.” —Kenyon Meadows (Tweet This!)“Stop thinking that what you need is someone to hold your hand and walk you through this.” —David Greene (Tweet This!)“Daily, consistent action will lead to great results.” —Arianne Lemire (Tweet This!)“Focus on the process and not the outcome.” —Andrew Cushman (Tweet This!)“Failure is not a failure if you learn from it.” —Andrew Cushman (Tweet This!)Connect with the Guests (through BiggerPockets)Tim ShinerDarren SagerBen LeybovichZeona McIntyreAnson YoungKenyon MeadowsDavid GreeneArianne LemireAndrew CushmanRyan MurdockMindy Jensen
Would you like to invest in real estate but lack the capital? In this powerful episode of The BiggerPockets Podcast, Brandon and David dive deep into the topic to cover four unique strategies for building a real estate empire using other people’s...
Ever wonder about the REAL story behind the house flipping tv shows? On today’s show, we interview Ken Corsini, star of HGTV’s Flip or Flop Atlanta! Ken pulls back the curtain and shares fantastic insight and knowledge into several areas of real estate investing, from house flipping to new construction to owning a real estate brokerage!
In this episode, we cover Ken’s methods for finding deals in hot markets, how to recognize general contractor “price creep” (and what to do about it), and how to craft multiple exit strategies that will serve you in any market. Ken also shares some fantastic insight regarding his technique for staying flexible to protect himself from market downturns that you do NOT want to miss (if you value keeping money over losing it)!
In This Episode We Cover:Why Ken kicks himself for selling houses he flippedHow he adapted to a changing market when hedge funds took over How he started a construction business to keep up with the growing demand for big rehabsHow he recognizes what the best strategy is for each marketWhat “price creep” is—and what to do when you find itWhy adaptability is your best abilityAnd SO much more!Links from the ShowBiggerPockets ForumsThe Office (TV series)BiggerPockets’ CalculatorsBiggerPockets’ Rehab Estimator CalculatorTurn-Key Property Investing: An Interview with Ken CorsiniHow to Buy Your First Home or Investment Property with No Down Payment (Carleton Sheets)Books Mentioned in this ShowGood to Great by Jim CollinsFire Round QuestionsWhat are thoughts on building a duplex or triplex, or something like that?I’m trying to figure out how to estimate what the new home(s) will be worthWhat have you found as the best financing for new construction of investment properties?What type of insurance do you all recommend for short term real estate holding and construction?Could I hypothetically take a whole rundown neighboorhood and turn it into a highly desirable place to live?My question is what is the best way to legally structure to protect us both and also best structure tax wise?Tweetable Topics:“I don’t think you can stay relevant if you don’t watch the signs and learn to adapt your business.” (Tweet This!)Connect with KenKen’s Company WebsiteFix or Flop Atlanta (HGTV)
Interested in building giant wealth through multifamily real estate investing? Well, on today’s show, we interview someone who already has. Michael Becker is an experienced multifamily investor who’s mastered the genre and simplified the process for being successful! Michael shares what every new investor needs to know about avoiding the biggest mistakes in multifamily, how to invest no matter the market or how hot it is, four problems to watch out for that led to the last recession, and a lot more! You DO NOT want to miss the deep dive where Michael shares how he and his partners made $10M in profit using a combination of BRRRR, syndication techniques, private money, and prudent decision-making. If you’ve ever thought about moving into multifamily investing at some point, don’t miss this show!
In This Episode We Cover:How Michael got into real estateThe value of partnerships and networkingTips for buying 16 multifamily unitsWhat a cap rate isHis thoughts on a crash and timing the marketHow he raises money for a dealRelationship-building and how it helps in any businessAdvice for using webinars to pitchTips for raising capitalWhy you want to keep presentations simpleUnique advantages of Fannie Mae and Freddie Mac loansSingle family rentals vs. multifamilyAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon’s Twitter ProfileBrandon’s InstagramBiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew CushmanBiggerPockets Podcast 279: How to Find Overlooked Opportunities in a Hot Market with Andrew CushmanBooks Mentioned in this ShowThe Millionaire Real Estate Agent by Gary KellerThe ABCs of Real Estate Investing by Ken McElroyThe Advanced Guide to Real Estate Investing by Ken McElroyAm I Being Too Subtle by Sam ZellFire Round QuestionsShould we have an inspector walk through every unit?How do I do my first multi family syndication with no money down?Would you purchase all three together and secure one commercial loan for the properties or do I have to get three separate loans?Tweetable Topics:“It’s much better to be the borrower than the lender when it comes to investing.” (Tweet This!)“All you really have to do is to close a deal or two.” (Tweet This!)“The world is full of capital.” (Tweet This!)“You don’t need to have everything. You just need to have access to it.” (Tweet This!)Connect with MichaelMichael’s Company WebsiteMichael’s Podcast
In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.
In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition. Annie’s theories on “thinking in bets” are designed to help others navigate a world where we can’t be certain of an outcome, but still come out on top over time.
This is an absolute can’t-miss episode for those looking for strategies to overcome apprehension, fear, or uncertainty. Be sure to listen to this incredibly brilliant and powerful interview—and get the tools to take your next steps today!
In This Episode We Cover:Annie’s backstory and how she got into professional pokerHer concept of risk managementThoughts on luck and circumstances we have no control overElements of luck versus elements of skillPete Carroll’s endgame decisionThe concept of “resulting”What constitutes a consensus choiceWinning and losing—and caring about your decision-making processThe difference between real estate investing and pokerThe importance of confidence and certaintyWhy one shouldn’t be afraid of losing and being blamedA champion versus a victimAnd SO much more!Links from the ShowBiggerPockets ForumsRoundersBiggerPockets Podcast 074: Buying My First Investment Property- A Newbie Podcast with Jordan, Jacob and JeromieJordan Thibodeau’s Author ProfileScott’s InstagramDavid’s InstagramBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBooks Mentioned in this ShowThinking in Bets by Annie DukeThe Miracle Morning by Hal ElrodThe Geometry of Wealth by Brian PortnoyDecide to Play Great Poker by Annie DukeSuperforecasting by Dan Gardner and Philip E. TetlockExtreme Ownership by Jocko WillinkRadical Candor by Kim ScottThinking, Fast and Slow by Daniel KahnemanThe Signal and the Noise by Nate SilverSet for Life by Scott TrenchTweetable Topics:“Every decision, even small executional decisions all the way to the larger goals, carries risks.” (Tweet This!)“There are no small decisions.” (Tweet This!)“The most important person we need to worry about pointing fingers at is ourselves.” (Tweet This!)Connect with AnnieAnnie Duke’s Personal WebsiteAnnie Duke’s Twitter Profile
What does it take to truly find financial independence? Money? Deals? Mentors? Or could it be something else entirely… something intangible? In this episode of the BiggerPockets Podcast, we sit down with Rock Thomas, a real estate investor and agent who shows others the simple mindset shifts needed to achieve financial freedom. In other words, it’s time to work on YOUR “money blueprint.” Through Rock’s story, you’ll learn the most important skills any individual needs to achieve in any field, the best way to find and attract mentors who can teach you the path, how to change your “operating system” to one that is far more successful, and so much more. With powerful stories, humor, and insight, Rock’s story is one you won’t want to miss!
In This Episode We Cover:Rock’s backstory as a worker on a farmWhat mentors look for into someoneHow he used pain to propel himself forwardSaying yes to opportunities, no matter how difficultThe importance of having what it takesWhy you should seek out people with energyBeing the guy who solves any problemThe 4 money personality typesThe type of properties he invests inAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarGoBundanceHow to Change the Way You See Yourself | Rock Thomas | GoalcastBiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBooks Mentioned in this ShowNothing Down for the 2000s by Robert G. AllenRich Dad, Poor Dad by Robert KiyosakiThe ONE Thing by Gary Keller and Jay PapasanRich Dad’s Cashflow Quadrant by Robert KiyosakiWhy the Rich Are Getting Richer by Robert KiyosakiE- Myth Revisited by Michael GerberRocket Fuel by Gino Wickman & Mark WintersFire Round QuestionsAny ideas on how I get get financing for my first deal?What are some methods/strategies to lower my upfront costs for the down payment, while not getting beat up on interest rates?What should I have in my contract and what should I look for in doing a seller finance deal?Can a landlord evict a tenant for not paying all of the security deposit?What qualities define a great mentor?Tweetable Topics:“Mentors, you want to admire them and you want to be them.” (Tweet This!)“When you step in the room and you feel you’re not the smartest guy, you’re in the right room.” (Tweet This!)“Get comfortable with being uncomfortable.” (Tweet This!)“You can get anything you want in life as long as you are committed and creative.” (Tweet This!)“Find what pisses people off and solve it for them.” (Tweet This!)Connect with RockRock Thomas’ Personal WebsiteRock Thomas’ Website
Are you interested in learning how to flip 8-12 houses a month at $30k a pop? Well, this episode may be just what you’ve been looking for! On today’s show, we interview Melissa Johnson—house flipper extraordinaire and owner of the company Lead Propeller, a service that provides websites to help motivated sellers find real estate investors. Melissa provides some incredible information regarding how they find motivated sellers, how they negotiate deals, how they sync up with the best contractors! You won’t want to miss the three things your website NEEDS to generate seller leads, as well as the exact process to estimate rehab costs! Melissa and her husband Danny run the podcast Flip Junkie, and in this episode, they pull back the curtain to reveal the secrets to their business. Don’t miss out on your chance to learn from a seasoned pro!
In This Episode We Cover:Melissa’s story of getting into real estateHow everything went wrong on her first deal Why she doesn’t recommend a “burnout”Their amazing average flip volume and profit (hint: 8-12 deals a month!)Her top three lead sourcesHow she uses SEO to her advantageAdvice on putting up a websiteA discussion on flipping vs. wholesalingHow to find the right contractorTips for figuring out rehab costsThings to do when you go over budgetAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarMission MeatsBiggerPockets PerksBiggerPockets Podcast 144: Getting Out of Your Comfort Zone and Kicking Butt at Real Estate with Danny JohnsonBiggerPockets Podcast 018 : Flipping, Marketing, and Wholesaling with Danny JohnsonEpisode 2: Is Wholesaling Illegal? w/Brandon Turner (FlippingJunkie Podcast)SkitchBiggerPockets Rehab Estimator CalculatorBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets Podcast 284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David OsbornLeadPropellerBooks Mentioned in this ShowThe Miracle Morning by Hal ElrodFlipping Houses Exposed by Danny JohnsonThe Five Temptations of a CEO by Patrick LencioniThe Advantage by Patrick LencioniGrit by Angela DuckworthFire Round QuestionsWhat is the best way to go about finding a dependable, trustworthy contractor in a large city?What is your criteria for finding a project manager?Do you strictly work with licensed and insured contractors?How do you “ballpark” the repair costs for a flip and for a rental so that the turnaround on an offer is faster?What do you feel are the top 3 skills to do yourself rather than hiring a contractor?What are the best types of loans to get for buying rental properties and rehabbing them?Tweetable Topics:“We are selling them solutions to their problems.” (Tweet This!)“Sellers feel more comfortable with people who seem real.” (Tweet This!)“We need to be the ones in control of the situation, not the contractor.” (Tweet This!)Connect with MelissaMelissa’s BiggerPockets ProfileDanny Buys HosuesFlipping JunkieFlipping Junkie Youtube Channel
Are you happy with the current state of your real estate business? If you’re like most people, the answer is no. On today’s show, we interview property management superstar Jesse McCue and dig deep into how he’s became Maine’s top property manager as well as a successful RE investor along the way. Jesse shares how he formed a partnership with a successful business to become an owner of the company, as well as how he bought a 67-unit hotel off of a tip from his electrician for half of its appraised value! You’ll be amazed as he describes a strategy that is “better than BRRRR”—and most importantly, the number one question you need to ask a property manager to find out if they are the right choice for you. If you want to learn how to put fundamental business skills to work in your investment business, this is a show you do not want to miss!
In This Episode We Cover:How Jesse was bitten by the real estate investing bugHow he turned around a property in 6 months that required 8 years of budgeted rehab moneyThe tactics he uses to hire people to help him scale his businessHow he made himself invaluable to a rising star and formed the perfect partnership The questions you need to ask a property manager to determine if they are a rockstar or a dudTips on buying a motelThe “better than BRRRR” strategyAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockThe Surprisingly Simple Reason Why You Feel Stressed (Blog)Rent Manager Property Management SoftwareBuildiumAppFolioBooks Mentioned in this Show4-Hour Work Week by Timothy FerrissThe Book on Managing Rental Properties by Brandon Turner & Heather TurnerThe Snowball: Warren Buffett and the Business of Life by Alice SchroederFire Round QuestionsWhat questions Should you ask property managers in an interview to get a feel for which ones are the best?How do you start a Property Management Company?What is the expected turn around for getting a property ready for a new renter by a property manager?When is self managing too much?What are some of your absolute “No’s” when screening tenants?I am about to have my first renter, what are some do’s and don’t that you would recommend?Tweetable Topics:“When you know the people, you know what’s going on.” (Tweet This!)“If you are unhappy, your systems are broken.” (Tweet This!)“Do the things that make you feel light and not the things that make you feel heavy.” (Tweet This!)Connect with JesseJesse’s BiggerPockets ProfileJesse’s Company Website
Have you ever thought about retiring early, traveling, and living your best life now? On today’s show, we interview Chad Carson, author of the new BiggerPockets Publishing book Retire Early With Real Estate.
Today Chad shares how he and his partner were able to accumulate 90 units and live purely off the money generated by their portfolio! In this episode, learn how Chad got started and the steps he took to elevate his business and which strategies he used to make $120,000 on one flip!
Chad’s story covers the gamut of flipping, wholesaling, buy-and-hold, and more. If you want to know what it looks like to retire early with real estate (including what you may be doing wrong right now, and how to change that), this is an episode you definitely want to download now!
In This Episode We Cover:Chad’s strategies for retiring early through real estateIf focusing on cash flow or equity is the smarter moveHow to control your budgetIf offense or defense is more important when it comes to building wealthHow Chad made $120K in one flipHow tax-lien strategies work — and what Chad did to capitalize on themWhy “starter” investment homes aren’t always the best choice to stick withHow to transition from wholesaling to other investment strategiesHow many hours you can expect to work each week once you’ve retired early with real estateHow “the stack” can help you grow your portfolio fast and efficientlyHow house hacking can lead to an early retirementAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 084: Getting Started with Creative Finance and Designing Your Ideal Lifestyle With Chad CarsonBiggerPockets Podcast 141: 7 Ways to Find Incredible Real Estate Deals with Chad CarsonBiggerPockets StoreBiggerPockets Money PodcastThe Shockingly Simple Math Behind Early Retirement – Mr. Money MustacheBooks Mentioned in this ShowRetire Early With Real Estate by Chad Carson4-Hour Work Week by Timothy FerrissBuilding Wealth One House at a Time by John SchaubBig Shifts Ahead by John BurnsWooden by John WoodenFire Round QuestionsWhat is the best advice you got when you where first starting out or before you purchase your first investment?How long do you spend each day, working with real estate?Can you retire early with a few paid off rentals?Can I really retire early on 4 duplexes?Is house hacking to early retirement a viable strategy?Real estate or Roth IRA?How do you set your criteria for rental property investing?Tweetable Topics:“Our core skill as an investor is figuring the value of real estate.” (Tweet This!)Connect with ChadChad’s BiggerPockets ProfileCoach Carson WebsiteChad’s LinkedIn ProfileChad’s Facebook ProfileChad’s Instagram ProfileChad’s Twitter Profile
Can you really create a massive real estate empire in a short time when starting with almost nothing? In today’s episode, you’ll not only discover that it’s possible, but you’ll see exactly how it was done. We sit down with Ryan Pineda, a former baseball player who got his start with just $10k while doing deals from the dugout. Ryan shares with us the exact strategies he’s using to more than double the number of deals he’s doing each year—and how he’s done that for the past four years. You’ll learn how he’s finding enough leads to flip 10 deals a month, how he’s able to buy long-distance, how he’s leveraging others so he can get more done, and much more.
In This Episode We Cover:Ryan’s background and how he got into flippingHow he started flipping everything (including couches!)Closing 100 dealsThe details of his first dealThe difference between hard money and private money lendersWhat his business looks likeUsing relationships to find dealsHow agents can influence a dealFinding great wholesalers and getting deals from themHow Ryan’s funnel worksAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets EventsBiggerPockets Podcast 264: Gary Vaynerchuk on Finding Deals Through Social Media & Crushing It as an Entrepreneur7 Years to 7 Figure WealthBooks Mentioned in this ShowWill You Be My Mother by Sally HussFlip Your Future by Ryan PinedaInvesting with Low or No Money Down by Brandon TurnerThe Book on Flipping Houses by J. ScottLong-Distance Real Estate Investing by David GreeneThe Everything Store by Brad StoneElon Musk by Ashlee VanceShoe Dog by Phil KnightFire Round QuestionsHow do you rehabbers make the numbers work?Making improvements that increase the value of each property you buy by 10%. Suggestions?What are the common signs that a property has issues?How do you deal with bad neighbors?Just got my first booking and my guest was asking if they could check out like 4-5 hours later than my check out timeTweetable Topics:“You have to know what the other roles need in order to train somebody to do it.” (Tweet This!)“Wholesalers are contract flippers.” (Tweet This!)“If the numbers work for me, then let’s do business.” (Tweet This!)Connect with RyanRyan’s Company WebsiteRyan’s LinkedIn ProfileRyan’s Facebook ProfileRyan’s Instagram Profile
Are you struggling with finding deals in today’s market, where the best properties go fast? On today’s show, we interview Neal Collins, an investor in the red hot Portland Oregon who has figured out a way to find deals before anyone else even sees them! Neal shares the brilliant strategy he’s created to build a world where the best deals find him.
In this show, you’ll learn how Neal was able to find a 4-plex to house hacked—and how he made an additional $8-10k a month, as well as how he built a property management company and real estate brokerage (hint: he created an army of deal finders that get paid to make him money and find him deals) where he does none of the work but reaps all of the profits, and his brilliant, simple strategy for raising private money than anyone can replicate (he really hits the nail on the head with this one).
If you’re looking for a solid, profitable, and step-by-step process to make money and build wealth with real estate, you won’t want to miss how Neal did just that!
In This Episode We Cover:Neal’s journey to real estate investingHow he accidentally got into seller financingThe importance of being able to pivot and change investment strategiesThe kinds of properties he looks forHis thoughts on Airbnb and short-term rentals in generalHow he got into managing other people’s propertiesHis experiences managing 200 units and owning a brokerageThree things every investor looks for: returns, security, and customer serviceAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBrandon’s InstagramDavid’s InstagramGoBundanceAirbnbProperly (App)BiggerPockets Youtube ChannelBe a Guest on the PodcastBooks Mentioned in this ShowLong-Distance Real Estate Investing by David GreeneConfessions of a Real Estate Entrepreneur by James A. RandelShoe Dog by Phil KnightFire Round QuestionsHow do you reset for your next short term rental guests?What “extra” amenities do you provide to make the stay special?I wanted to know if anyone has a solution for reducing the time it takes to get through turning over linens in your short term rentals?I’ve read that some experts present themselves to tenants as the property manager, not the landlord.Tweetable Topics:“They talk about the numbers, but they are not talking about the work.” (Tweet This!)“You have to leverage other people’s time and experience or build systems so that you can leverage your own time to do that.” (Tweet This!)“The deals are not going to come to you. If you’re not consistently swinging the bat, you’re not going to hit the ball.” (Tweet This!)Connect with NealNeal’s BiggerPockets ProfileNeals Company WebsiteEmail NealNeal’s LinkedIn ProfileNeal’s Facebook ProfileNeal’s Company Instagram Profile
Are you ready to get really excited about the life possible through real estate? This show will go down in BP history as one of the foundational episodes: Brandon Turner and David Greene dive deep into seven unique and powerful strategies for building a real estate business that can fill your life with cash—not work. You’ll love the humor, the stories, the lessons, and the tips throughout! This episode is one you’ll come back to time and time again. Plus — as an added bonus — Josh Dorkin comes back to the BiggerPockets Podcast to explain where he’s been and what the future of the BiggerPockets Podcast will look like! Don’t miss a moment of this powerful show!
In This Episode We Cover:Cashflow through rental propertiesWhat a turnkey property is and who it’s forBRRR StrategyChallenges with BRRR investingNote investing, lending, syndication, & crowdfundingThe scale of passivityThe first question David asks to people who want to do business with himHouse flippingWays to become a CEO of a flipping businessMultifamily investingBuying one house a yearThe StackAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichBiggerPockets Podcast 279: How to Find Overlooked Opportunities in a Hot Market with Andrew CushmanBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay PapasanBiggerPockets Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren SagerBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock7 Powerful Benefits To Mobile Home Park InvestingHow to Build Your Real Estate Portfolio Faster Using “The Stack” (blog)BiggerPockets Money PodcastBiggerPockets Podcast 283: 18 Houses in the First 18 Months with Paul ThompsonBooks Mentioned in this ShowReal Estate Note Investing by Dave Van HornThe ONE Thing by Gary Keller and Jay PapansanSo Good They Can’t Ignore You by Cal NewportRaising Private Capital by Matt FairclothOwn the Day, Own Your Life by Aubrey Marcus59 Seconds by Richard WisemanThe Big Leap by Gay HendricksHigh Performance Habits by Brendon BurchardTweetable Topics:“The goal is to buy a house as cheaply as you possibly can and make it worth as much as you possibly can.” (Tweet This!)“With every hire you make, your business should make more money.” (Tweet This!)Connect with Brandon and DavidBrandon’s InstagramDavid’s Instagram
Building a real estate business can be one of the best ways to achieve financial freedom. The problem for most, however, is money: There simply isn’t enough in your hands to get all the deals you want. That’s why today’s show might be the most impactful podcast episode you’ve ever heard. In today’s interview with Matt Faircloth, author of the new book Raising Private Capital, shares the steps needed to begin raising money from others to fund your real estate deals. You’ll discover the different types of private capital (and how to approach each), how Matt and his wife were able to grow from 30 units to over 300 (!) using other people’s money, and why talking about metrics to a private lender might not be a great idea at first. If you want to 10x your real estate portfolio or build your empire faster, this is one show you can’t afford to miss!
In This Episode We Cover:Who Matt Faircloth isHow they’ve reached 380 units to dateTips for building wealth by investing in businessWhat you should know about opportunity costFinding deals versus making good dealsHow to raise private moneyTips for starting a business with friends and familyA role-play call with DavidThe number one question potential cash providers askWhy you should start with debtA new way to look at debtWhen the SEC gets involvedAbout his bookAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon’s InstagramDavid’s InstagramBiggerPockets InstagramBiggerPockets StoreBiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz FairclothBP Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz FairclothBiggerPockets WebinarBNIBiggerPockets Pro ReplayBiggerPockets Hard Money LendersBooks Mentioned in this ShowRich Dad, Poor Dad by Robert KiyosakiRich Dad’s Cashflow Quadrant by Robert KiyosakiRaising Private Capital by Matt FairclothLifeonaire by by Steve Cook & Shaun McCloskeyFire Round QuestionsWhat kind of rates are investors getting from private lenders? What’s the holding period?Is there a serious, reliable source for PM lenders available?Would a loan from friends and family be considered private money?If you do pay for your coach, how does the fee workWhats up with the investors/mentors?Do I need a basic contract to use when raising private money, even from people I know and trust, even for family?Are there specific rules around raising the 20% down payment that most banks require?Tweetable Topics:“When it comes to raising money, you got to establish trust first.” (Tweet This!)“People should start with debt.” (Tweet This!)“It’s not about finding good deals, it’s about making good deals.” (Tweet This!)“You’ve got to squeeze the lemon and make something out of it.” (Tweet This!)Connect with MattMatt’s BiggerPockets ProfileMatt’s Company Website
It takes a long, long time to become successful in real estate and financially free — doesn’t it? Well, not according to the power couple on today’s show! In this episode of the BiggerPockets Podcast, we sit down with Utah’s Jason and Carrie Harris, who have built a sizable portfolio of more than seventy rental units over the past few years. These two have used a variety of creative financing strategies, and the lessons and stories they share are sure to inspire and educate you! Be sure to listen for the story of how they bought a four-plex for no money down, put $3,000 into it, and later made $186,000 in profit from that one deal. It’s unbelievable!
In This Episode We Cover:Why real estate?Their first dealHow they bought a four-plex and house-hacked itHow they finance their dealsWorking their way with the bankTheir current number of doorsCommercial financing, residential financing, and partnershipsAnalysing multiple propertiesA deep dive on a dealRaising the rent and without losing tenantsLessons learned from an amazing dealBuying properties with no money downUpselling to their clientsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets EventsFor Those Who Struggle Financially (Video)The Secret to Unlocking Bank Financing (PDF)Be a Podcast Guest!Brandon’s InstagramDavid’s InstagramBooks Mentioned in this ShowRich Dad, Poor Dad by Robert KiyosakiThe Book on Investing with Low or No Money Down by Brandon TurnerInvesting in Duplexes, Triplexes, and Quads by Larry LoftisThe Book on Rental Property Investing by Brandon TurnerThe E-Myth Revisited by Michael E. GerberThe E-Myth Real Estate Investor by Michael E. GerberFire Round QuestionsWhat brings more value, an extra bedroom or a garage space?What type of flooring do you use in your rentals, do you use carpet?What are your thoughts on investing in a property located in a flood zone?Curious to know if there are any good loan options (other than hard or private) that self employed people can use with little to no taxable incomeTweetable Topics:“We didn’t have a lot of money so we had to find ways to be creative.” (Tweet This!)“You find a good enough deal, the money’s going to be there.” (Tweet This!)“There’s a way there’s a solution. You have to make it work.” (Tweet This!)Connect with Jason and CarrieJason’s BiggerPockets ProfileJason and Carrie’s Company WebsiteEmail Jason and Carrie
How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real estate investor who specializes in putting together deals using a variety of different no- and low-money strategies in some pretty unique combinations. From utilizing business lines of credit, to bringing in partners, to hard money, to lease options and beyond, this episode will give you tons of ammunition for your own creative finance deals. And don’t miss the incredible strategy that Shiloh uses today to make 300 percent more per deal than if he were to flip the home. It’s pretty darn fantastic!
In This Episode We Cover:How Shiloh started his real estate investing journeyThe book that helped him healDetails about his first propertyOffice hacking and subleasing a subleaseHis first flipping deal — $30K turned to $195KHow he bought his dream carLosing $5K on his first flipA hack with city inspectorsThe importance of needing an assistantThe six different strategies he uses creativelyMoving to a lease-option modelGetting $800K in business lines of creditLease options and how he uses themSelling properties 5–7 percent higher than the current ARVExplaining lease option through videosAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets BookstoreBiggerPockets WebinarBiggerPockets Landlord FormsBiggerPockets ProDave RamseyBiggerPockets Podcast 275: Buying 300 Homes While Working a Full-Time Job with Attorney Rob OliverLease Option VideoBooks Mentioned in this ShowLong Distance Real Estate Investing by David GreeneRich Dad, Poor Dad by Robert KiyosakiRich Dad’s CASHFLOW Quadrant by Robert KiyosakiThe Book on Investing with Low or No Money Down by Brandon TurnerThe Richest Man in Babylon by George S. ClasonShoe Dog by Phil KnightFire Round QuestionsI’m a little confused between lease option, lease purchase, and subject to. Doesn’t the existing financing stay in place for all three?Have you ever done a lease option agreement with seller for 6 months and lease option the property to buyer for 3 months?Lease Option Contract vs Rental Agreement & separate Option AgreementAm I crazy for considering a lease option to get out from under a low performing property?When you are lease optioning homes to tenants/buyers, what percentage actually end up exercising the options?Tweetable Topics:“Frustration comes from unmet expectations.” (Tweet This!)“Each deal I learn quite a bit from it.” (Tweet This!)Connect with ShilohShiloh’s BiggerPockets ProfileShiloh’s Company Profile
Ever have a conversation that is just impacts your life so powerfully you wish you could share it with everyone? That’s exactly what our conversation on today’s episode of the BiggerPockets Podcast is! Our guest, AJ Osborne, shares an incredible story of building his real estate business — which focuses on self-storage facilities — as a way to transition his family from rich to wealthy (and yes, there is a difference!) This show is packed with insight from AJ, including:How a loss on his first deal directly led to millions of dollars in later profitHow to find underperforming real estate dealsHow he made $13,000,000 in equity from a old Kmart buildingAnd the medical emergency that put his real estate to the ultimate survival test while AJ fought for his life (this story will shock, amaze, and inspire you!)This show is one of the most powerful episodes yet of the BiggerPockets Podcast, and we’re excited for you to dive in!
In This Episode We Cover:His first deal that didn’t go the way he wanted… but the logic behind doing that deal (super important for every newbie)The difference between being rich and being wealthyPicking a wealth vehicle — and the difference between a Ferrari and a trainHow to find an underperforming self storage building and turn it around (applies to any kind of real estate)The Kmart story that helped him build around $13,000,000 in equity Price / Convenience / QualityComa: “One of the most incredible stories I’ve ever heard”Subsequent: Does your business survive “the coma test”?And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 245: Creating Wealth that Lasts Generations with Bestselling Author Ryan HolidayBooks Mentioned in this ShowThe Essays of Warren Buffett by Warren Buffet & Lawrence A. CunninghamThe Obstacle is the Way by Ryan HolidayConspiracy Ryan HolidayFire Round QuestionsWhat are the conditions that make for an ideal development opportunity?Is there any issue with renting out a storage unit in a self storage facility then subleasing it out to someone else?Is Loopnet the best source for self-storage deals or is there another website that focuses exclusively on self-storage?Managing Self Storage how far is too far?Tweetable Topics:“It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!)“There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!)“The economic downturn was my lucky break.” (Tweet This!)“Work ethic is not enough.” (Tweet This!)Connect with AjAJ’s BlogAJ’s InstagramAJ’s Facebook ProfileAJ’s Twitter Profile
Is there such thing as a “perfect investment?” According to today’s guest, yes. Today on the BiggerPockets Podcast we sit down with Paul Moore, a real estate investor whose 18-year journey through real estate has included house flipping, new construction, hotels, and finally—multifamily. In this episode, Paul shares three powerful reasons why multifamily might just be the most perfect real estate investment. You’ll learn how Paul discovered the vital difference between investing and speculating, why falling in love (with a deal) is incredibly dangerous, and the huge real estate gamble that Paul made that cost him $40,000. If you plan to eventually buy small multifamily properties, this is one podcast episode you can’t miss!
In This Episode We Cover:Paul’s history and how he got into real estateBought a house for $34,000—painted it, and sold it for $65,000Never fall in love with a dealFrom two failed flips to 50 successful ones!The difference between gambling and investingHow he built a Hyatt hotel with a partner and lost moneySome reason behind the dropping of homeownershipWhy he thinks multifamily properties are perfect investmentsHow he looked at 180 deals this yearHe sold an HR company in ’97 for almost $3 million. Ten years later he was 2.5 million in debt.How he was able to end up debt free 13 months laterFinancing an $8.7 million multifamily propertyWhat is a green loan program?The journey to a syndication processHow he’s been able to write a book, have a podcast, and write for BiggerPocketsNetworking through BiggerPocketsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsTim Ferriss ShowBiggerPockets New Member Introductions ForumsNMAC ConferenceBooks Mentioned in this ShowMastering the Rockefeller Habits by Verne HarnishThe Perfect Investment by Paul MooreThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesThe ONE Thing by Jay Papasan and Gary KellerFire Round QuestionsWhat is a good way of finding multifamily owners if it’s owned by an LLC?Where do you gets your numbers when it comes to multifamily units?Tweetable Topics:“Every percent drop in home ownership means a million new people in the renter pool.” (Tweet This!)“When baby boomers rent, they never return to buying again.” (Tweet This!)“Don’t fall in love with a deal.” (Tweet This!)“Wealth built up slowly over time is the key to become successful.” (Tweet This!)Connect with PaulPaul’s Company WebsitePaul’s PodcastPaul’s Posts on BiggerPocketsPaul’s BiggerPockets Profile
Wealth is not an accident, it’s a choice. And on today’s powerful episode of The BiggerPockets Podcast, you’ll learn exactly how to make that choice each and every day. We’re excited to bring back two return guests, Hal Elrod and David Osborn, to talk about the choices that wealthy people make to ensure they stay focused on reaching their goals. You’ll hear about Hal’s recent battle with cancer and the mindset that allowed him to overcome the odds and live. You’ll discover how your diet can make you wealthy and how to command your day from the moment you wake—even if you aren’t a morning person. And you’ll discover the powerful concept of having an “air game” in addition to your “ground game”—and how understanding the distinction can make you wealthier than you have ever dreamed. Packed with wisdom, humor, and incredible insight, this show will leave you pumped up and ready to choose wealth.
In This Episode We Cover:Hal’s cancer survival story and the Miracle Morning movieDavid’s latest updatesWhat their miracle mornings look likeHow Miracle Morning for Millionaires came to beOvercoming the “but I’m not a morning person” objectionHow to own your agendaChoosing to be wealthyHow to find the right group of peopleThe thing that’s more effective than work ethicTips on self leadershipHow to develop unwavering focusAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBiggerPockets WebinarsIlluminate Film FestivalWhy I Don’t Want To Get Rich (And Why You Shouldn’t Either) (Article)GoBundanceBooks Mentioned in this ShowThe Miracle Morning by Hal ElrodMiracle Morning Millionaires by Hal Elrod, David Osborn & Honoree CorderSecrets of the Millionaire Mind by T. Harv EkerRich Dad Poor Dad by Robert T. KiyosakiRich Dad’s CASHFLOW Quadrant by Robert T. KiyosakiWealth Can’t Wait by David OsbornTweetable Topics:“It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!)“There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!)“The economic downturn was my lucky break.” (Tweet This!)“Work ethic is not enough.” (Tweet This!)Connect with Hal and DavidThe Miracle Morning Website
Start slow—or take off like a rocket? When it comes to real estate investing, the choice isn’t the same for all. This week, our guest Paul Thompson made a clear choice: Rocket! After realizing the fragile nature of his six-figure salary, he set out to replace his salary with passive income—as quickly as possible. This led him to average a new home purchase every month for the first year and a half, and soon he had true financial freedom and quit his 9–5. This show is packed full of actionable tips, including some never-before-heard-on-this-podcast strategies for finding deals with the use of virtual assistants, Craigslist, and cold calling! This is one episode for which you’ll need to take some notes, so grab a notebook and let’s get into it!
In This Episode We Cover:Paul’s backstory prior to real estate investingHis first deal doing the BRRRR methodWhat is escape velocity?P.I.L.E. (Passive Income greater than your Living Expenses)How he manages his propertiesFinding private money lenders through BiggerPocketsHis system in making offersThings he looks for in each dealHow to negotiate for seller financingSubject-to explainedWhy does he L.I.E. every day?His interesting thoughts about moneyHow he balances his timeThe third-party catalystAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarDavid Greene’s Twitter ProfileDavid Greene’s InstagramBrandon’s Twitter ProfileBrandon’s InstagramBiggerPockets Twitter ProfileBiggerPockets InstagramBiggerPockets New Member Introduction ForumsUpworkScreen-O-MaticZillowCraigslistCallRailPodioZapierGoogle DuplexGoBundanceHow I Analyzed a Deal in 5 Minutes (& Bought it Before Anyone Else Could)UberTuroBiggerPockets Podcast Guest FormBooks Mentioned in this ShowLong-Distance Real Estate Investing by David GreeneThe Book on Investing with No and Low Money Down by Brandon TurnerBuilding Wealth One House at a Time by John SchaubThe Richest Man in Babylon by George S. ClasonThe Pumpkin Plan by Mike MichalowiczProfit First by Mike MichalowiczThe Big Leap by Gay HendricksFire Round QuestionsHow detailed of a plan for financing do I need before I start actively hunting for deals?What niche/strategy will yield the most results, direct mail for subject to and owner financing or finding partners/private money?Tweetable Topics:“How many deals do you have is the wrong question to ask. It’s how much cashflow are you generating?” (Tweet This!)“Never assume that what is important to you is important to the other party.” (Tweet This!)“There is plenty of money for the things you really want.” (Tweet This!)“You don’t want cash, you want what cash can give you.” (Tweet This!)Connect with PaulPaul’s BiggerPockets ProfilePaul’s Website
When does one plus one equal WAY more than two? Real estate partnerships! On this episode of The BiggerPockets Podcast, we sit down with two real estate investors (Jay Helms and Tim Kelly) who were attempting to build their business alone, but found they could do far more together. In this fun and fast-paced interview, you’ll learn what makes their partnership so successful, as well as how the team analyzes a market (including several can’t-miss online research websites), and how they took down a 42-unit apartment complex using some pretty fantastic creative financing. Whether you plan to build your empire alone or alongside a partner, this episode is sure to give you a variety of tips and strategies to help your business take off.
In This Episode We Cover:Tim’s background story and how he got into real estateUsing 203k loans to buy dealsJay’s background and his live-in flipWhy they think they make up a good teamHow they closed on an apartment complex 6-months after partnering upHow they found the deal and details about itThe importance of a clear and concise planHow they financed the dealTips for finding the right partnersHow to create a “sample deal package”What to look for in a partnerWhy they participate in the BiggerPockets ForumsHow to network effectivelyWhat a good deal is for themAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Podcast 066: Flips, Apartments, & Protecting Yourself From Professional Tenants with Michael BlankBiggerPockets EventsBiggerPockets MarketplaceBest PlacesBureau of Labor StatisticsCity DataYelpBooks Mentioned in this ShowHow to Win Friends & Influence People by Dale CarnegieRich Dad Poor Dad by Robert KiyosakiThe ABCs of Real Estate Investing by Ken McElroySovereignty: The Battle for the Hearts and Minds of Men by Ryan MichlerWild at Heart Field Manual by John EldredgeTax-Free Wealth by Tom WheelwrightFire Round QuestionsSellers Do Not Want to Give Due Diligence. What Do I do?If u had no ties 2 any city,Where would u move 2 start investing?Tweetable Topics:“Is there a better way to first get involved in real estate than to leverage the power of the bank?” (Tweet This!)“Once you figure out your why, then you will be able to set goals to support that why.” (Tweet This!)“It’s more important to pick something than to get stuck choosing the right thing.” (Tweet This!)“I want to live where I want to live and invest where it makes sense.” (Tweet This!)Connect with TimTim’s BiggerPockets ProfileTim’s Facebook ProfileTim’s LinkedIn ProfileTim’s Instagram ProfileTim’s WebsiteConnect with JayJay’s BiggerPockets ProfileJay’s Facebook GroupJay’s Website
Your first deal might just be your most important — because it leads to all the rest. That’s why it’s so imperative to study others who have just recently purchased their first deal! So today we’re excited to bring you a mashup episode, in which we sit down with three different investors to hear how they bought their first few investment properties. You’ll hear how Bill went from ex-con to house hacker, how Jacob used some highly creative methods to find his first deals, and how David is building an empire from across the ocean. Don’t miss a moment of this powerful episode!
In This Episode We Cover:
BillBeing imprisoned for 10 yearsWhat changed in prison for BillStarting your business on the sideHow he ended up investing in real estateWhat went in his head with his first investment propertyThe beauty of keeping expenses lowHaving tiny little stepsJacobJake’s investing pathHow he got into real estateBuying a $25,000 house with a $140 monthly mortgageGoing for the smaller banksInvesting at a very young ageJoining local Facebook pagesHis criteria for finding propertiesDavidDavid’s story and how he got to HawaiiBRRR, OD, and HELOCPaying close to 5 percent on a 10-unit apartmentHaving a great team you can trustHow he built a meet up in HawaiiAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets Podcast 277: Building a Six-Figure Family Real Estate Business with Ashley WilsonBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets EventsDad PoweredBrandon’s Instagram ProfileDavid’s Instagram ProfileBooks Mentioned in this ShowThe 21 Irrefutable Laws of Leadership by John C. Maxwell & Steven R. CoveyAwaken the Giant Within by Anthony RobbinsRich Dad Poor Dad by Robert KiyosakiLong-Distance Real Estate Investing by David GreeneThe Ultimate Beginner’s Guide to Real Estate Investing by BiggerPocketsThe Advanced Guide to Real Estate Investing by Ken McElroyHow to Win Friends & Influence People by Dale CarnegieThe Miracle Morning by Hal ElrodThe 80/20 Principle by Richard KochTweetable Topics:“My success story didn’t started when I got out (from prison), it started right away in the very beginning.” (Tweet This!)“Quit the things that are holding you back and have you put in the exact location you are.” (Tweet This!)“Find a market that makes sense.” (Tweet This!)“I want to buy something that is certainly desirable.” (Tweet This!)“Highest risk is vacancy.” (Tweet This!)“Become a person worth being around.” (Tweet This!)“If they’ll like you, they’ll join.” (Tweet This!)Connect with BillBill’s BlogConnect with JacobJacob’s PodcastJacob’s WebsiteConnect with DavidDavid’s BlogDavid’s Instagram ProfileDavid’s Facebook PageDavid’s Youtube Channel
On today’s show, we sit with Mark Hentemann, a writer and producer for TV’s Family Guy who also invests in Los Angeles real estate! Mark shares his incredible success stories, which include his trick for finding overlooked properties, house hacking for massive profits, adding value and utilizing the 1031 exchange—plus more! Mark’s strategy for filtering data will save you tons of time and help you find the deals others are missing. Listen and learn how Mark got into real estate investing through house hacking—and how that led to an $800,000 profit on his first deal! This episode is absolutely packed with motivating advice and fantastic ideas for getting started. Bonus? It will make you think and make you laugh!
In This Episode We Cover:Mark’s day job as a writer for Family GuyThe first deal that gave him buyer’s remorseHaving a friend as a first tenantSelling that first deal for $1.27 millionThe $250 dishwasher storyWhat’s a 1031 exchange?Buying with solid fundamentalsFinding low-cost-per-square-foot buildingsHaving the perfect open houseFinding deals in today’s difficult marketThe river mentality in regards to moving forwardThe people on his teamFinding people in the BiggerPockets communityHis metric called “leverage cost per square foot”And SO much more!Links from the ShowBiggerPockets ForumsAmerica Arias Instagram ProfileBiggerPockets EventsBiggerPockets WebinarFamily Guy1031 Exchange GuideBiggerPockets Podcast 274: “Because of These 3 Simple Rules, I’ve Bought Over 600 Units and Never Lost Money” with Paul MorrisMarcus & MillichapLoopnetLinkedinZipRecruiterFamily Guy – everyone throws up (video)Family Guy – Wheres my Money Stewie & Brian (video)Books Mentioned in this ShowSo Good They Can’t Ignore You by Cal NewportThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesSapiens: A Brief History of Humankind by Yuval Noah HarariFire Round QuestionsWhat was your worst home renovation fail!?!How are some unique ways you earn/save extra money?Are anonymity and self management possible?What’s your second favorite investment after real estate?Tweetable Topics:“It’s really valuable to be able to sit back and wait for the deal to come to you.” (Tweet This!)“Everyone’s got an opinion on why things are a bad deal.” (Tweet This!)“Leverage is the one common denominator.” (Tweet This!)“When you make the money, handle it well, be careful, don’t waste it, invest it.” (Tweet This!)Connect with MarkMark’s BiggerPockets ProfileMark’s Company WebsiteEmail Mark
Are you ready to jump into real estate investing, but don’t believe you can find deals in today’s hot market? In this episode, we sit down with multifamily expert Andrew Cushman, who’s actively doing deals in today’s market — and turning big profits. In this show, Andrew explains how he’s finding deals, what metrics he uses to qualify them, where he’s buying today, and what his secret tricks are for finding the “overlooked opportunities” most investors miss — including how he found an amazing deal in the “trash can” for bad deals!
You’ll love hearing how Andrew creates millions of dollars in equity and builds relationships with deal-finders so that they bring him the best deals first. Be sure to download this episode and share it with your friends, so you, too, can master the secrets that the pros are using to snag killer deals!
In This Episode We Cover:Andrew’s backstoryHow to make deals rather than find themThe ABCD neighborhoods — what are they?What specific properties Andrew is looking forHis effective screening criteria for finding propertiesAn in-depth story on one dealNet operating income (NOI)Understanding how properties are valuedChallenges Andrew faced over the yearsFinding great contractorsAndrew’s many rental property unitsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money PodcastBiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew CushmanCity DataRich Blocks Poor BlocksTruliaUSA.comLoopnetBiggerPockets Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroyBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornGobundanceBooks Mentioned in this ShowThe ABCs of Real Estate Investing by Ken McElroyDavid Greene’s Long Distance Real Estate InvestingEmerging Real Estate Markets by David LindahlHow to Win Friends & Influence People byFire Round QuestionsHelp! 1 million dollars to invest! What do i do!?30 yr or 15 yr mortgage?Go Solo OR with a big Multifamily investorTweetable Topics:“The person who wants it the most, loses.” (Tweet This!)“You can completely destroy an investment with the wrong people managing it.” (Tweet This!)“Don’t wait to buy Real estate. Instead, buy real estate and wait.” (Tweet This!)“The best way to spot a great deal is to look at 99 bad ones.” (Tweet This!)Connect with AndrewAndrew’s BiggerPockets ProfileAndrew’s Linkedin ProfileAndrew’s Company Website
Real estate is sexy… most of the time. But is that really what makes it profitable? On today’s show, we sit down with Charles Roberts, an investor and agent from the Denver market. He explains that the secret to success is far more boring than we like to admit. In this episode, we explore Charles’s story and the lessons he’s learned over his 20+ year career, including how his first deal failed miserably, how he helped another investor retire through rentals in just five years, and his strong belief that the deal isn’t as important as most investors think — plus so much more! Charles is incredibly wise, and he has years of experience — so this is one episode that you’ll come back to time and time again.
In This Episode We Cover:How Charles got started by buying his first duplexA 15-year loan vs. a 30-year loanHow he managed to go full time as a fix-and-flipperWhat went wrong — despite having 29 propertiesShould newbies get into flipping?Figuring out what works and what doesn’tWhat Charles looks for in a partnerThe benefits of helping someone else achieve success in real estateScaling, and what he thinks about itWhy lending is important in real estateWork harder not smarterWhere is he finding dealsAnd SO much more!Links from the ShowBiggerPockets ForumsShare your story to the No Money BookBiggerPockets StoreDave Ramsey’s CalculatorBillions TV SeriesBiggerPockets Podcast 274: “Because of These 3 Simple Rules, I’ve Bought Over 600 Units and Never Lost Money” with Paul MorrisBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Book on Investing with Low or No Money Down by Brandon TurnerThe Book on Flipping Houses by J. ScottLifeonaire by Steve Cook & Shaun McCloskeySet for Life by Scott TrenchThe Millionaire Next Door by Thomas Stanley & William DankoBorn to Run by Christopher McDougallTweetable Topics:“We think that everybody else is stupid but it turns out we’re the ones stupid.” (Tweet This!)“You don’t know anything until you do it.” (Tweet This!)“You want to work with people you like.” (Tweet This!)“The harder you work the smarter you end up.” (Tweet This!)Connect with CharlesCharles’ BiggerPockets ProfileCharles’ Company WebsiteEmail Charles
Many families can’t even enjoy a holiday meal together — but today’s guest has built a real estate empire with hers! Today we sit down with Ashley Wilson, a house flipper who got started investing in real estate while living overseas in Europe. Today, Ashley shares how she has been able to generate six-figures in profit — almost from the beginning — using a highly systematic approach to building wealth. She also drops some huge knowledge bombs with advice on finding and funding deals — and even some never-before-heard advice on knowing what features to put into your next rehab!
In This Episode We Cover:How Ashley and her family got involved in real estateHouse hacking their way in the beginningThe dynamics of the family businessAshley’s specialtyHow they split the profitWhat it’s like working with a familyFinding what is “light work” for youLong-distance investing and the core people on your teamHow she finds dealsClose-to-close houses through “stacking”How she designs homesHow they finance their dealsHer plans for the futureAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets CalculatorsBrandon’s Instagram ProfileBiggerPockets Podcast 119: From Pro Athlete to Pro Real Estate Entrepreneur with Graham MinkBiggerPockets Youtube ChannelBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiDrive by Daniel PinkE-Myth by Michael GerberLong Distance Real Estate Investing by David GreeneFreakonomics by Steven Levitt & Stephen DubnerFire Round QuestionsWhat are the best ways you’ve found to estimate rehab costs? The rehab calculator on BP is fine but, how do you estimate the $$$ to put into each category?Should I buy a Home Warranty for my flip or not?Should I hire an inspector or just go with an experienced project manager/contractor on a walkthrough?Buyer coming back after months demand for repair costTweetable Topics:“Every house already has a limited market.” (Tweet This!)“You really have to love what you do.” (Tweet This!)Connect with AshleyAshley’s BiggerPockets ProfileAshley’s Company WebsiteFacebook PageInstagram Page
Why work at a lame job until you’re too old to enjoy the life you’ve been given? If you are looking to get out of the rat race earlier, this is one episode you can’t afford to miss. Today on The BiggerPockets Podcast, we sit down with Bryce Stewart, a former school teacher who was able to quit his job at age 35 through the smart purchases of small multifamily properties. Bryce shares his powerful story on how he was able to build a portfolio of 22 units that give him $10,000 per month in income. Bryce also shares a phenomenal concept he called “vacuuming the truck,” which could change the way you think about real estate (and life) forever.
In This Episode We Cover:Bryce’s special introductionHis inauspicious beginning as a real estate investorWhat he learned from his mistakesHow a friend who lives for free in his apartment influenced himWhat he’s learned from having his first duplexWhat you should know about PITIHow he financed the purchase of his duplexThe upsides of being a landlordThe risks of real estate investingThe “vacuum truck” storyThe number of units he has and the reason he retiredHow to seek out “hidden ROIs”How he finds and funds dealsWhat his future looks likeAnd SO much more!Links from the ShowBiggerPockets ForumsTruliaZillowHotPadsBroke to Retired in 15 YearsMr. Money MustacheGrant CardoneBiggerPockets Podcast 272: No Money, No Deals, No Time? Overcoming Real Estate’s “Big Three” with Brandon Turner & David GreeneTweet MindyBiggerPockets Youtube ChannelBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThink and Grow Rich by Napoleon HillFire Round QuestionsWould you decrease monthly rent in order to keep a good tenant?I’m having a hard time finding a QUALIFIED tenant.Where do you list your properties for rent?Tweetable Topics:“You can live more cheaply by buying a multifamily.” (Tweet This!)“Sometimes you need a partner to push you to be a little stronger.” (Tweet This!)“You don’t want to mitigate the risk of real estate. They are there.” (Tweet This!)Connect with BryceBryce’s BiggerPockets ProfileBryce’s Youtube ChannelBryce’s Company WebsiteBryce’s Email Address
“The wrong lease could cost you $15,000 or more.” That’s one lesson of many you’ll get today on this powerful episode of the BiggerPockets Podcast. In this show, we sit down with real estate investor and attorney Rob Oliver to learn how he went from helping other investors buy real estate to owning over 300 condo units while working full-time. In addition to his incredible story, you’ll also get keen insight into the world of real estate investing from the eyes of an attorney—without the $250 billable hour! You’ll learn the importance of a strong lease (and what happens if you don’t have one), as well as instructions on how to find a great attorney and get the most from the attorney for the least cost.
In This Episode We Cover:How Rob got started in real estateThe journey from lawyer to investorHow to find properties other investors aren’t looking forWhy he invests in condosTips for investing while working full-timeAdvice for those starting out in real estate investingThe different hats he wears and what he does in his businessHow to grow a 100-unit portfolioWhat to do with nonpaying tenantsHow to find a great lawyerWhy it’s OK to cancel a dealWhat his future looks likeAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Landlord FormsZillowRedfinBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Cashflow Quadrant by Robert KiyosakiJesse Livermore: World’s Greatest Stock Trader by Richard SmittenFire Round QuestionsHey guys what are some of the clauses that you find extremely useful to have in your leases?Without starting from scratch, I’d love to see if anyone has an existing clause to a lease listing certain conditions that shall be adhered to by the tenant.Tweetable Topics:“You don’t need to know everything before you get into a deal. There is actually time to research it.” (Tweet This!)“Each deal that you cancel, you learn something from it.” (Tweet This!)Connect with RobRob’s Law FirmRob’s Email Address
What rules govern your real estate investing strategy? For most, it’s a tough question to answer. But not for today’s guest, Paul Morris. Paul, co-author of the bestselling Wealth Can’t Wait, has been investing in real estate for more than twenty years and has never lost money, all because he abides by three simple rules. Today, Paul also discusses the power of mindset in building wealth, the key to investing in emerging markets, and much more. This episode will surely inspire, motivate, and educate you to continue your journey toward financial freedom.
In This Episode We Cover:How Paul got into real estate investingUsing syndication to do your dealsThe types of properties he is buyingStick with what you knowThe three rulesBuying where you knowHow to buy in an expensive areaThe 24-hour cityWhat’s the barrier of entry on real estate?What is an emerging neighborhood?An interesting story about a keynote speechWhat is hard work?10x your goalsHow we affect others and vice versaLiving life to the fullestHire people who will love youAnd SO much more!Links from the ShowBiggerPockets ForumsHouse Hacking 101: How to “Hack” Your Housing and Get Paid to Live for FreeBiggerPockets Money ShowTiger21 Mastermind GroupBiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of MentorsBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBooks Mentioned in this ShowYou Can’t Teach a Kid to Ride a Bike at a Seminar by David H. SandlerWealth Can’t Wait by David Osborn & Paul MorrisSet for Life by Scott TrenchThe War of Art by Steven PressfieldThe Influential Mind by Tali SharotFire Round QuestionsI just bought my 1st deal… now How soon can I buy my 2nd property? Is there a waiting period?Where can I find a private lender to fund my real estate deals?Tweetable Topics:“You can’t do everything on your own.” (Tweet This!)“You buy where you know.” (Tweet This!)“The thing that stops people form taking action is the fear of loss.” (Tweet This!)“Your net worth will never exceed your self worth.” (Tweet This!)“What got us here will not get us there.” (Tweet This!)“There’s a lot more hard money out there than there are good deals.” (Tweet This!)Connect with PaulPaul’s BiggerPockets ProfilePaul’s WebsitePaul’s Instagram ProfilePaul’s Twitter ProfilePaul’s Facebook PageEmail Paul
Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches: note investing. In this episode of the BiggerPockets Podcast, we sit down with Dave Van Horn, author of Real Estate Note Investing, to talk about how anyone can get started with real estate note investing—even as a first investor. In addition to a great conversation about notes, you’ll also hear some of Dave’s powerful strategies for getting his real estate offers accepted, how he started his investments using the BRRRR strategy (with credit cards!) and much, much more.
In This Episode We Cover:What is a note?The types of notes availableWays to start investing in notesHow much cash one needs to have a noteDave’s backstory as a real estate investorDave’s shift to note investingWhat hard money isThree things you need to put together a dealGetting bank financingPerforming vs. non-performing notesShadowing and how to do itMaking multiple offersWhat happens when a performing note becomes a non-performing note?About the bookAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsVeggie Tales: Song of the CebuBiggerPockets Podcast 028: Note Investing and Raising Private Money with Dave Van HornProsperBooks Mentioned in this ShowMultiple Streams of Income by Robert AllenReal Estate Note Investing by Dave Van HornThe First Entrepreneur by Edward G. LengelAbundance by Peter H. DiamandisFire Round QuestionsIs it possible to purchase your own Non Performing Note?If I want to be an individual NOTE investor, how much money do you need to have to play?Would it be a smart strategy to buy NPN or defaulted mortgages just to foreclose on them for profit?Tweetable Topics:“It’s not only about what you’re paying, it’s about how you’re paying it.” (Tweet This!)“You don’t need any money, you just need a deal.” (Tweet This!)Connect with DaveDave’s BiggerPockets ProfileDave’s Website
Struggling to build your real estate empire? Not after this show! It’s time to put the no money, no deals, and no time excuses to rest. This episode is 90 minutes of pure fire, as Brandon and David systematically help you overcome the “big three” roadblocks most real estate investors encounter. You’ll learn how to fund your next deal no matter how much cash you have (or don’t have). You’ll find that deals are out there — if you are willing to follow the tactics and processes laid out here. You’ll also learn how anyone can invest in real estate — even if you have only a few minutes a day. Today’s episode is unlike anything you’ve heard before, so grab a pen and a notebook and prepare to annihilate your “big three!”
In This Episode We Cover:Having more options through continued educationWhy finding better deals comes first before finding moneyWays to do deals with no money downPrivate-money and hard-money lendersThe BRRRR strategySeller financing: how it worksFinding dealsUnderstanding how properties are valuedHaving the right process in finding dealsThe L.A.P.S. funnelWays to “fill” the funnelGetting a real estate agentDirect mail, driving for dollars, and many more strategiesFinding time to invest in real estateThe 1 percent ruleFinding the right peopleAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 252: House Hacking (Your First Deal) & Life Hacking with Craig CurelopBiggerPockets Twitter ProfileBiggerPockets Podcast 044: Creating Systems to Flip Houses While Still Employed with Michael WoodwardZillowBiggerPockets MarketplaceBiggerPockets CalculatorsInvestor CarrotLeadPropellerWixHow to Build a Website with WixBiggerPockets Podcast 217: How to Work Less and Earn More Using the 80/20 Rule with Perry MarshallBiggerPockets Podcast 268: Acquiring 20 Long-Distance Rental Homes (on a Military Salary!) with Rich CareyBiggerPockets WebinarsBooks Mentioned in this ShowSet for Life by Scott TrenchLong-Distance Real Estate Investing by David GreeneFinding and Funding Great Deals by Anson YoungInvesting with Low or No Money Down by Brandon TurnerThe Millionaire Real Estate Agent by Gary KellerThe Compound Effect by Darren Hardy12 Week Year by Brian Moran80/20 Sales and Marketing by Perry MarshallThe ONE Thing by Gary Keller & Jay PapasanTweetable Topics:“The more you learn about real estate, the more options you have.”(Tweet This!)“You’re doing the lender a favor by giving them a way better return with their money.” (Tweet This!)“Good deals are not found, good deals are made.” (Tweet This!)“The process is more important than the specific tactic.” (Tweet This!)“At the end of the day, consistency is what matters.” (Tweet This!)“Real estate is market specific.” (Tweet This!)Connect with BrandonBrandon’s BiggerPockets ProfileBrandon’s InstagramBrandon’s Twitter ProfileConnect with DavidDavid’s BiggerPockets ProfileDavid’s Instagram
Real estate investors love to talk about their successes, but most refuse to talk about their failed deals. On today’s show, we hit both of those points hard when we sit down with Sam Craven to talk about how his wholesaling business generates hundreds of thousands of dollars each month in revenue — and the mistakes that led to him losing over $750,000 from his rehabbing business. You’ll also discover the exact strategies Sam is using to fill his deal pipeline, plus advice for those of you who are just starting on your real estate journeys.
In This Episode We Cover:Who Sam Craven is and how got started investing six years agoFiguring out your one thingHow Sam lost 3-quarters-of-a-million dollarsFocusing on what you are really good atHow Sam’s business has evolvedWhy he spent $1 million for marketing in a yearDo you need to get your real estate license?Direct-mail marketing and other paid marketingsGrowing by acquisitionWhat does wholesaling mean to you?Having a closed group of buyers listHow Sam motivates himself to keep goingAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 033: How to Close 27 Deals in Your First Year While Working Full Time with Sam CravenBiggerPockets Podcast 137: How to Use Systems to Scale Your Real Estate Business with Sam CravenGrowth ConBiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay PapasanZillowRealtorBiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneBiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossBooks Mentioned in this ShowSet for Life by Scott TrenchLong-Distance Real Estate Investing by David GreeneThe Miracle Morning by Hal ElrodNever Split the Difference by Chris VossRelentless by Tim GroverFire Round QuestionsWhat is the one thing a wholesaler should know before starting?Best cities to buy multifamilies for buy-and-hold in 2018Tweetable Topics:“Know what you’re good at and know what your end results to be.”(Tweet This!)“You cannot have success without failure.” (Tweet This!)“If your goal and your why is bigger than any other problem you can face, you can overcome anything in the planet.” (Tweet This!)“Systems make your business a business.” (Tweet This!)Connect with SamSam’s BiggerPockets ProfileSam’s Facebook PageSam’s Company Website
Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals—enough to achieve financial independence? On today’s episode of The BiggerPockets Podcast we sit down with Amy Arata,...
Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the BiggerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping real estate investors navigate the tax code! Amanda Han and Brandon Hall join us today as we dive deep into the new changes—plus tackle some of the most common questions new real estate investors ask!
In This Episode We Cover:Who are Amanda and Brandon?Changes of the new tax billWhat is passthrough deduction?Increasing the depreciation scheduleThe concept of cost segregationThe 1031 exchange provisions have been modifiedUsing 1031Business interest limitationWhat is a tax shelter?Section 179 — write off 100 percent as an assetWhat can a investor do now?When do you need a CPA?Some more free tax adviceAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowForget BRRRR: Introducing the BARRRR Strategy for Investors (Blog)IRS Schedule E (PDF)BiggerPockets BlogHow the Final GOP Tax Bill Will Affect Real Estate Investors (Blog)Books Mentioned in this ShowThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarlandRich Dad Poor Dad by Robert KiyosakiWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliThe 4-Hour Workweek by Timothy FerrissBuilding a StoryBrand by Donald MillerTweetable Topics:“Hire the right people right away.” (Tweet This!)Connect with AmandaAmanda’s BiggerPockets ProfileAmanda’s Company WebsiteConnect with BrandonBrandon’s BiggerPockets ProfileBrandon’s Company WebsiteBrandon’s LinkedIn ProfileBrandon’s Facebook Profile
Many people feel that because their local market isn’t great for rental property cash flow, they can’t invest. Don’t tell that to today’s guest, who for the past decade has been doing just that—even while working full-time in the U.S. Military! Today’s guest is Rich Carey, who shares with us his strategy of buying rentals in one location, despite living in many different places across the world. Rich also discusses his strategy of NOT using leverage, instead choosing to buy properties with cash instead, which has allowed him to maximize his cash flow and has given him true financial independence. Rich’s story is inspiring and highly educational, so set aside time today to listen to the whole interview. We think you will really like this one!
In This Episode We Cover:How he bought his first property while assigned in GuamTips for flipping new constructionWhy you should consider switching investing style after a flopWhy you shouldn’t buy a house, unless…Advice on long-distance house flippingWhat you should know about partnerships and trustHis experience investing in properties in military basesA discussion on leveraging propertiesThe importance of having a frugal lifestyleHiccups on his first property and valuable lessons from itHow he manages his properties out-of-stateAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowIntroduce yourself to the forumLeading LandlordBiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth MosleyBiggerPockets Landlord FormsBiggerPockets Podcast 223: How to Become “Set for Life” Through House Hacking, Frugality, and Maximizing Your Income with Scott TrenchBiggerPockets Podcast 035: Quitting Your Job, Lifestyle Design, and Being a Traveling Landlord with Paula PantBooks Mentioned in this ShowThe Total Money Makeover by David RamseySet for Life by Scott TrenchLong Distance Real Estate Investing by David GreeneRich Dad Poor Dad by Robert KiyosakiFooled by Randomness by Nassim Nicholas TalebFire Round QuestionsWhat extras do you add to your leaseRecourse against property manager for fraudulent repair billing?Tenant wants to buy my houseTweetable Topics:“You can pay off a mortgage pretty fast when you put your effort into that.” (Tweet This!)“I don’t believe that you have to wait for things to crash then invest everything.” (Tweet This!)Connect with RichRich’s Personal BlogEmail Rich
How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!
In This Episode We Cover:Nat’s background as a professional soccer player and his first dealHis current number of propertiesWhat exactly a 1031 exchange isExpert tips for finding dealsHow to use social networking to your advantageSpecifics on a recent dealHow he found great prices just an hour and a half from his areaHow to increase the rentCommercial loans vs. traditional loansSub-metering a propertyThe story behind why he hires property managersHis 28-house portfolio dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowBiggerPockets EventsBiggerPockets 1031 Exchange GuideThe 1031 Exchange Ultimate Guide for Real Estate Investors (blog)BiggerPockets Landlord FormsTrue SubmeterBiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge ShukhatAppFolioMindy’s Twitter ProfileMindy’s InstagramBrandon’s Twitter ProfileBrandon’s InstagramBooks Mentioned in this ShowHow to Work a Room by Susan RoAneHow to Win Friends & Influence People by Dale CarnegieBuilt to Last by Jim CollinsThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarlandDefensive Real Estate Investing by William BronchickThe Compound Effect by Darren HardyThe Lifeonaire by Steve CookFire Round QuestionsWhat questions to ask when choosing a Property Management CompanySomeone who makes you very uneasy!Tenant is subletting on AirBnb, what should I do?Whats YOUR Metrics for Buy and Hold investments?Multi-Family Purchase InspectionTweetable Topics:“Today, you don’t find good deals. You make good deals.” (Tweet This!)“Nothing ventured, nothing gained.” (Tweet This!)Connect with NatNat’s Personal WebsiteNat’s Twitter ProfileNat’s Instagram ProfileNat’s Facebook Page
We’re not going to lie: It was hard to come up with a title for this episode because we covered SO much—productivity strategies, morning routines, growing from zero to 900 units, partnerships, 1031 exchanges. Whether you are a top performing real estate expert or still looking for your first, you’ll leave this interview challenged, encouraged, and fired up to make some big changes in your life! Jake and Gino are full of energy and even more full of knowledge, so get ready for one awesome show.
In This Episode We Cover:Who Jake and Gino areThe importance of having a picture in mindTips for having good morning habitsHow they built ancillary businesses to support their real estate investingAdvice for finding the right employeesHow to get into the first dealHow to balance being focused and building another revenue streamsWhy partnerships are vitally importantWhat to seek in a partnerWhat their partnership looks likeThoughts on using an LLC for each dealWhat exactly cost segregation isA discussion on holding properties foreverTheir thoughts about 1031 exchangesHow they find dealsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 182: 674 Multifamily Units in Three Years with Jake & GinoBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodLuminosityHeadspaceAlar.myScott’s Twitter ProfileBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Miracle Morning by Hal ElrodThe Richest Man in Babylon by George S. ClasonThe ABCs of Real Estate Investing by Ken McElroyInvesting in Fixer-Uppers by Jay DeCimaThink and Grow Rich by Napoleon HillAtlas Shrugged by Ayn RandTweetable Topics:“Have a picture in mind and just keep focusing on it.” (Tweet This!)“You grow into your problems, and you outgrow your problems.” (Tweet This!)“The fear is worst than the reality.” (Tweet This!)“If you’re not thinking of creating value for the other person, then the partnership is not going to work.” (Tweet This!)“Transactions are not going to create wealth; equity is going to create wealth.” (Tweet This!)Connect with Jake and GinoJake and Gino’s Company WebsiteRand Property ManagementRand Partners LLCJake and Gino Podcast
Yes, really. Today’s guest was kidnapped in Russia by mobsters and not only lived to tell the tale, but he even went on to invest in rental real estate in a big way, building a massive property management business! In this show, Andrew Propst shares key insight into finding incredible property managers and solid tips for profitably managing your own tenants. Andrew also has some excellent tips for finding great real estate deals, so if rental properties are in your future, this is one show you don’t want to miss!
In This Episode We Cover:The kidnapping storyHow Andrew’s stubbornness to pay rent led him to invest in real estateHis first investmentTips for finding the right property managerThe details on Andrew’s 42-unit multifamily propertyHow they managed to increase rents from $400 to $700Useful property management resourcesWhat you should know about cap ratesTips on finding great dealsWhat he thinks about build to rentWhat Andrew looks for in a marketThoughts on renting to people with a prior evictionThe importance of enforcing the terms of the leaseA conversation about landlord-tenant lawsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Landlord FormsBiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a YearBiggerPockets Money ShowThe Saratov Approach (Movie)National Association of Residential Property ManagersInstitute of Real Estate ManagementIntegra Realty ResourcesCap Rate and Cash-on-Cash Return: A Definitive GuideCCIM Institute‘World’s worst bowler’ just bought a historic Valley alley. Even his wife thinks it’s crazy (Post)CI 101: Financial Analysis for Commercial Investment Real Estate (Course)Books Mentioned in this ShowLong-Distance Real Estate Investing by David GreeneThe Book on Rental Property Investing by Brandon TurnerHow to Win Friends & Influence People by Dale CarnegieDrive by Daniel H. PinkThe Book on Managing Rental Propertyies by Heather and Brandon TurnerFire Round QuestionsPrevious property manager did not return security depositPerspective Tenant with Service DogOtherwise great tenants hiding ferrets – how to proceedEviction historyTweetable Topics:“You never know how important a property manager is until you hire a bad one.” (Tweet This!)“Your job as a property manager is just to enforce the terms of the lease.” (Tweet This!)“You’re doing your tenant a disservice if you’re not firm.” (Tweet This!)“The lazy parents clean their child’s room.” (Tweet This!)“The whole premise of Fair Housing laws is to treat everybody the same.” (Tweet This!)Connect with AndrewAndrew’s BiggerPockets ProfileAndrew’s Company Website
In today’s world, anyone can call themselves an entrepreneur. But what does it really take to find success as one? That’s the topic on today’s inspiring episode of The BiggerPockets Podcast, where we sit down with New York Times bestselling author Gary Vaynerchuk, author of Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, TooI and host of The #AskGaryVee Show, one of the most popular vlogs online. Gary is one of the world’s foremost experts on using social media to drive a business forward, so in addition to an amazing discussion on hustle and motivation, Gary dives into several unique strategies for finding deals, networking with influencers, and growing your business using the power of social media.
In This Episode We Cover:What Gary thinks is crazy about entrepreneurs todayWhy you don’t “have to be” an entrepreneur or an investorWhat you should know about the book Crushing ItThe social media tools Gary usesWhy Facebook is so usefulHow social media is the futureHow real estate investors can use social mediaTargeting the right people for your business through FacebookHow to use the concept of “smart hustle“And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets JobsSnapchatAlexaCraigslistNeed Some Motivation Right Now? (blog)Moment AppBooks Mentioned in this ShowCrush It! by Gary VaynerchukCrushing It! by Gary VaynerchukTweetable Topics:“The thing that drives me crazy is that I just want everybody to win.” (Tweet This!)“If you’re working 15 hours a day just for the money to then do the thing you love, you lost.” (Tweet This!)“The great thing about entrepreneurship is that you only have to be right once.” (Tweet This!)Connect with GaryThe #AskGaryVee ShowPlanet of the AppsVaynerMedial
Many people have dreams of owning large multifamily properties—but fail to get beyond small deals. Not today’s guest! Today, we sit down with Bruce Petersen, an investor from the Austin, TX area who started with a 48-unit syndication deal and hasn’t looked back! Bruce has some incredible stories and lessons from his time in the business, so if you ever plan to buy an apartment complex, this is one episode you need to pay close attention to!
In This Episode We Cover:Bruce’s backgroundWhat a syndicator doesWhy he started out with a 48-unit dealWhy it’s easier to handle a property with more unitsThe “deal triangle“Tips for hosting a meet-upThe class system of propertiesWhen to upgrade a unitWhat exactly a preferred return isHow syndicating really worksHow he included his daughters in the dealHow he finds dealsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets EventsBrandon’s Twitter ProfileMindy’s Twitter ProfileLoopnetResmanBiggerPockets WebinarsBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiJab, Jab, Jab, Right Hook by Gary V.Fire Round QuestionsHow do I vet a Syndication company?Syndicating CRE and having a real estate licenseShould I do a syndication?Is it standard practice for sellers of multi-family units to withhold P & L and other financial data until an offer is made?Tweetable Topics:“Don’t ever pay off a piece of real estate ever. Not even your personal residence.” (Tweet This!)“I’ve always syndicated everything.” (Tweet This!)Connect with BruceBruce’s BiggerPockets ProfileBruce’s WebsiteBruce’s Email
Mobile Home Parks can be one of the most profitable business models around, but learning to scale without losing all your time can be tough. That’s the story on today’s episode of the BiggerPockets Podcast, where we sit down with Jefferson Lilly to talk about how he’s acquired 2,600+ “pads” in the past few years and the lessons he’s learned in scaling. We also discuss the ins and outs of raising private money through a “fund,” which will both fascinate and educate you, so don’t miss a moment of it. Whether you want to buy mobile home parks or not, this is one show where the lessons will stick with you for life!
In This Episode We Cover:Brandon’s mobile home parkReasons why you should consider buying a mobile home parkThe legality surrounding mobile home parksHow Jefferson came to own about 2,300 padsWhat you should know about rent-to-own homesHow Jefferson markets their propertiesMethods of payment for these rentalsA discussion on RVs vs. mobile homesJefferson’s thoughts on tiny housesGetting to a “Mobile Home Park 2.0”The 3 key hires for mobile home parksWhat managing these mobile parks look likeFloods and other concerns when choosing a mobile home parkHow to fund these daysHow to find parks todayAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money PodcastBiggerPockets BlogMember BlogsBiggerPockets Podcast 111: A Unique (and Profitable) Real Estate Niche You’ve Probably Never Considered with Jefferson LillyBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockRent ManagerPay Near MeLoopnetBiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossBest PlacesEquity Lifestyle PropertiesNational Manufactured Home Owners AssociationBooks Mentioned in this ShowThe Book on Investing with Low and No Money Down by Brandon TurnerNever Split the Difference by Chris VossAm I Being Too Subtle? by Sam ZellThe Snowball by Alice SchroederTweetable Topics:“Don’t kick anybody out of your deal. Just scale everybody back.” (Tweet This!)Connect with JeffersonJefferson’s BiggerPockets ProfilePark Street Partners HomepageMobile Home Park Investors
Here on the BiggerPockets Podcast, we spend a lot of time talking about buying properties—but what about needing to sell them? How does someone get top dollar and get their home sold quickly? Well, today on the podcast, we’re excited to dive deep into this topic with Mindy Jensen, the Community Manager at BiggerPockets and author of the newest book from BiggerPockets, How to Sell Your Home. You might know some of these tips—but others might just blow your mind (and make you thousands next time you sell a property), so grab a pencil and paper and get ready to take some notes!
In This Episode We Cover:
How to pay zero dollars in capital gain taxes
The tax exemptions involved with getting married
What exactly a live-in flip is
16 ways to sell your property:Have a pre-listing home inspectionClean up your homeDoesn’t pass the sniff testGreat Pictures of your houseBe availableBe informativeKnow your competitionUse an agentAsk your agentPrice it rightList in Peak market timeDouble check your listing informationStage those weird areas that don’t have an obvious useLeave during your showingBe prepared to walk away from an offerTell everyone you know that your house is for saleWhy Mindy wrote the book
And SO much more!
Links from the ShowBiggerPockets ForumsBiggerPockets Money PodcastEmail SupportHow to Buy Your First (or Next) Property by the End of the Year [The 90-Day Challenge!] (podcast)What I learned buying a house (blog)Books Mentioned in this ShowHow to Sell Your Home by Mindy JensenRich Dad Poor Dad by Robert KiyosakiLong Distance Investing by David GreeneSet for Life by Scott TrenchThe Book on Rental Property Investing by Brandon TurnerThe Millionaire Real Estate Investor by Gary KellerThe Richest Man in Babylon by George S. ClasonFire Round QuestionsAfter taking initiative, landing the deal, and successfully completing renovations, how can you be sure your property is going to sell?Selling home with no agentsHow do people work on the timing of selling and buying a home?Selling challengeTweetable Topics:“Try not to sell a house with a tenant in it.” (Tweet This!)“Home inspection is totally worth the dollars.” (Tweet This!)Connect with MindyMindy’s BiggerPockets Profile
Bank robbers. Terrorists. Motivated sellers. No matter who you’re dealing with, negotiation is vital. As a real estate investor, the question is not if you’ll negotiate but how well will you negotiate—and after this episode, you’ll never negotiate the same again. Today, we’re excited to sit down with Chris Voss,former head of the FBI’s Hostage Negotiation Team and author of Never Split the Difference, to learn the stories, strategies, and tactics gleaned from decades of negotiating with the world’s most dangerous criminals. Then, we delve into how these lessons can help you in your own business and life. This show is a ton of fun and full of actionable tips that will instantly make you a better negotiator—whether sparring with your child, a buyer or seller, or a terrorist holding your family for ransom!
In This Episode We Cover:A look at Chris’s backgroundThe story of the bank robbery in BrooklynWhat the strategy of mirroring isWhat it means when a person doesn’t give his nameHow to use listening as an advanced skillTips for applying negotiation to business settingsThe role negotiating plays in real estateThe thing more important than the deal in negotiationThe secret to gaining the upper hand in a negotiationTips for negotiating in a real estate dealThe power of deferenceWhat you should know about anchoringHow to take advantage of rounds of bargainingWhy you should consider odd number pricingWhy no is more powerful than yesThe learning curve for this skillAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 259: Old-School Investing Wisdom from 60+ Years with Mike AndersonEric Barker’s BlogBiggerPockets Podcast 256: The Surprising (Scientific) Truth Behind What Makes You Successful with Eric BarkerBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiNever Eat Alone by Keith FerrazziNever Split the Difference by Chris VossThe 7 Habits of Highly Effective People by Stephen CoveyGetting to Yes by Roger FisherThe Rise of Superman by Steven KotlerU2 by U2 by U2 & Neil McCormickTweetable Topics:“If you want big stakes results, you need to practice in low stakes negotiation.” (Tweet This!)“The last impression is a lasting impression.” (Tweet This!)“There’s always something in a negotiation for everybody that is more important than actually making a deal.” (Tweet This!)“You get what you want by hearing the other side out.” (Tweet This!)“The secret to gaining the upper hand in a negotiation is giving the other side the illusion of control.” (Tweet This!)Connect with ChrisChris’s Newsletter
One of the most impactful moments for most real estate investors is meeting a “mentor,” someone older and wiser who can share with them the lessons they’ve learned. That’s exactly what today’s episode of The BiggerPockets Podcast is! Mike Anderson has invested in real estate for over 60 years, doing everything from buying 200 houses per month to owning a mortgage business to storage units and more. On today’s show, he dives into his story and the lessons he’s learned over the past half-century and offers insight and wisdom that newer investors need to hear. This conversation is fun, fast-paced, and filled with knowledge, so hang on for a wild ride!
In This Episode We Cover:The story of buying a house for $3,250 (55 years ago)How to buy and sell 200 houses a monthWhat he’s learned about people buying housesWhy you should buy rentals in school districtsA discussion on cash flow vs. appreciationThe concept of “dialing for dollars“Why it’s all a number’s gameThings to note when buying from wholesalersThe usual problems with investorsWhere to get the money for dealsWhy perseverance is keyHow to hire the right peopleHow to continue buying 10 or more houses (and get bank financing)Why he’s concerned about the futureAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money PodcastBiggerPockets Podcast 221: Buy and Hold Real Estate—What Works and What Doesn’t with Tim ShinerBiggerPockets Podcast 242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh RandallBiggerPockets Podcast 258: Six-Figure House Flipping with Gabe DaSilvaCraigsListBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiTweetable Topics:“The essential thing to make money is hard work.” (Tweet This!)“Don’t worry about commissions; worry about your customers.” (Tweet This!)“How are you going to buy real estate if you don’t know what your goal is?” (Tweet This!)“It doesn’t cause cancer to call people on the phone.” (Tweet This!)Connect with MikeMike’s Company WebsiteMike’s Facebook ProfileMike’s Twitter Profile
Massive goals encourage massive action—and a massive plan to get there. That’s the truth behind today’s episode of The BiggerPockets Podcast, where we sit down with Gabe DaSilva, a New Jersey real estate investor who specializes in a unique niche of house flipping: “add-a-level” or “pop tops.” You’ll hear how Gabe shoots for a six-figure payday on each flip and how you can incorporate this strategy in your own business. Be ready to take some notes—this is an action-packed show!
In This Episode We Cover:How Gabe got into the real estate businessTips for using your 401k as capitalHow he landed his first dealA discussion on doing things yourselfHow to finance your deals using hard moneyGabe’s unique definition of hard money lendersThe deals he’s made to this pointWhich properties are good candidates for rehabbingHow to tell if it’s the right market to invest inWhat to check for in a good house foundationThe “bathtubs story“How to find deals through direct mailWhat his day looks likeAnd SO much more!Links from the ShowBiggerPockets ForumsRehab Estimator CalculatorBiggerPockets CalculatorsBiggerPockets HardMoney LendersInternational Builder’s ShowUpgrade to Pro!Books Mentioned in this ShowA Curious Mind by Brian GrazerThe Book on Estimating Rehab Costs by J. ScottSet for Life by Scott TrenchRich Dad Poor Dad by Robert KiyosakiThe E-Myth by Michael E. GerberThink and Grow Rich by Napoleon HillFire Round QuestionsWould you contribute to a 401(k) or not?What did you do wrong on your first flip?Flipping Houses Under One LLCRehabbing a remediated meth houseTweetable Topics:“Sacrifice the life you have now so that you can live the life most can’t live later.” (Tweet This!)Connect with GabeGabe’s BiggerPockets ProfileGabe’s Facebook ProfileGabe’s Youtube ChannelGabe’s Instagram Profile
Investing outside of your local market can strike fear into the hearts of even the most savvy real estate investor. But long-distance investing doesn’t need to be extra risky! In fact, today’s guest argues that it might just be the most profitable investing you’ll ever do. Today’s guest, David Greene, a San Francisco real estate investor and agent, shares his incredible process for finding, rehabbing, and managing properties from thousands of miles away. His approach to building a “Core Four” is nothing short of genius and will transform how you run your real estate business, whether you are buying next door or 49 states away. This is one show that could change your real estate strategy forever!
In This Episode We Cover:What David’s been up to since the last time he was in the showHow to find the right people to help you find the right propertiesHow to seek out top-notch lendersTips for offering value to people hundreds of miles awayA discussion on whether newbies can invest long distanceThe “Core 4” team members you’ll need when investing in real estate out-of-stateDavid’s thoughts on turnkey companiesHow to overcome the fear of trusting someone you work withAll about David Greene’s new book!And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David GreeneBiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of MentorsLong-Distance Real Estate Investing by David GreeneHome on Discovery Bay, CA (House Hunter Episode with David Greene)RentometerBiggerPockets AnalysisBiggerPockets Podcast 248: From Shop Teacher to Multifamily Syndicator with Todd DexheimerBiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe FairlessBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBooks Mentioned in this ShowA Curious Mind by Brian GrazerThe ONE thing by Gary Keller and Jay PapasanThe 4-Hour Workweek Tim FerrissThe Millionaire Real Estate Agent by Gary KellerThe Richest Man in Babylon by George S ClasonPrinciples by Ray DalioFire Round QuestionsOut of town financingFrom NYC to out of state investing HelpHow does investing out of state impact your tax status?Out of state smaller properties?How important is it to have an in-state CPA?Tweetable Topics:“I’m putting a dream team together that runs on autopilot.” (Tweet This!)“The market itself is not quite as important as the success you’ll likely have in that market.” (Tweet This!)“It’s only risky if you’re lazy.” (Tweet This!)“You’re not going to make money right away when you start first doing anything new. It’s only going to be what you learn that will make money later.” (Tweet This!)Connect with DavidDavid’s BiggerPockets ProfileDavid’s Facebook ProfileDavid’s Company WebsiteDavid’s Personal Website