#186: How to Get Your First Few Properties - Even in a Competitive Market with Dave Meyer
Published August 4, 2016
65 min
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    There are a lot of excuses people use for why they don’t invest in real estate. Maybe they work too much. Maybe they don’t have any money. Maybe the market is too hot. But some — like our guest today — don’t let those difficulties stop them. Instead, they use creativity to overcome obstacles and build a real estate empire. So today on the BiggerPockets Podcast, we are excited to introduce you to Dave Meyer, an investor from the Denver market, who shares his story of buying eight units using creativity, intelligence, and in incredible level of hustle! In This Episode We Cover:Who exactly Dave, the VP of Growth for BiggerPockets, isHow his silly neighbor unintentionally encouraged him to buy a houseWhy he chose his friend as a partnerThe details of his first dealWhat he looked for in his first dealThe numbers on that dealWould it still be a great deal without the appreciation in Denver?How he raised his funds for this projectThe importance of acting on opportunities nowWho manages his properties?How a tenant built a staircase for himHow you can learn the market by working hands-onHow Dave bought properties while waiting tablesHis first experience with house hackingTips to keep in mind regarding zoning when finding propertiesAnd SO much more!Links from the ShowJosh’s Twitter AccountBrandon’s Twitter AccountBiggerPockets WebinarBiggerPockets ForumsDancing with the StarsHow Great Leaders Inspire Action by Simon Sinek (TED Talk)Books Mentioned in this ShowThe Book on No or Low Money Down by Brandon TurnerThe Ultimate Beginners Guide to Real Estate Investing by BiggerPocketsStart with Why by Simon SinekLeaders Eat Last by Simon SinekTweetable Topics:“If you have an opportunity, you’re a fool to ignore it. Find a way to do it.” (Tweet This!)“You learn a tremendous amount if you do hands on things such as screening the tenants, doing the open houses. You learn the market and what people want.” (Tweet This!)“Find the deal and figure out how to get the money to make it happen.” (Tweet This!)“Once you start owning, it feels weird to start paying someone else to live in their house.” (Tweet This!)Connect with DaveDave’s BiggerPockets Profile
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