Podcasts about biggerpockets profile

Is the housing market finally tipping in favor of buyers? This week on On the Market, Dave Meyer is joined by Kathy Fettke, Henry Washington, and James Dainard to break down a critical shift in housing market trends. With sellers now outnumbering buyers in many cities for the first time in over a decade, investors are facing new opportunities and new risks. The panel dives into how mortgage rates, housing inventory, and even the potential privatization of Fannie Mae and Freddie Mac could impact housing prices, interest rates, and your 2025 housing market forecast. Links from the Show Join the Future of Real Estate Investing with Fundrise: https://www.fundrise.com/bpmarket  Join BiggerPockets for FREE

A single-family home could give you some extra cash flow, but what if there was a way to make six-figure returns from “rentals” that breathe new life into your town? Today, we'll share a rookie-friendly investing strategy that allows you to do just that, all while using very little (if any) of your own money! Welcome back to the Real Estate Rookie podcast! Katie Neason is a big believer in “investing where you're invested” and has built a real estate business that allows her to make huge returns while revitalizing her hometown of Bryan, Texas. Unlike normal real estate development, which involves new construction on raw land, redevelopment is the process of taking an area that was previously built on and giving it a new purpose. The best part about redevelopment? Your city might actually want you to do it—meaning you could get all kinds of grants and tax breaks to bring your vision to life! In this episode, Katie will give you a detailed walkthrough of her most recent deal, show you the perfect “gateway” redevelopment project for a new investor (step by step), and teach you how to get started with this strategy using other people's money (OPM)! In This Episode We Cover: Redevelopment explained (and why it's even better than new development) Making huge returns and revitalizing neighborhoods with the new BRRRR strategy The perfect “gateway” project into redevelopment for new investors How to fund a redevelopment project with little to no money A step-by-step walkthrough of Katie's most recent redevelopment deal How to determine whether your town or city is “developer-friendly” And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPockets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube Follow Real Estate Rookie on Instagram Ask Your Question for a Future Rookie Reply “Like” Real Estate Rookie on Facebook Build-to-Sell Calculator Katie's Instagram Start Earning Passive Income from Rental Properties with Realbricks Grab the Book, “Raising Private Capital” Sign Up for the Real Estate Rookie Newsletter Find Investor-Friendly Lenders Urban Redevelopment & How to Capitalize on a Profitable Trend Katie's BiggerPockets Profile (00:00) Intro (00:59) What Is “Redevelopment”? (04:57) The “Gateway” Into Redevelopment (07:06) Next Steps for Rookies (16:13) How to Fund Your Project (21:41) Katie's Most Recent Deal (30:55) 4 Tips for New Investors (34:32) Connect with Katie! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-537 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of the KCREatingwealth Podcast, I had an absolutely awesome chat with an VERY SPECIAL guest! Many of you guys may recognize Matt Faircloth, he has been a full time investor for over 15 years specializing in various projects from flips to office buildings, to single family homes, to large multifamily syndications! He has acquired over 1000 units and raised ten's of millions of dollars in equity for these projects, and also WROTE the famous Biggerpockets book “Raising Private Capital: Build Your Real Estate Investing Empire with Other People's Money!”! Matt and I had a phenomenal chat, and I can't wait for you to hear it! Check him out here! ⁠https://www.derosagroup.com/⁠ ⁠Landlord Chronicles Youtube⁠ (37.1k subscribers) - ⁠https://www.youtube.com/user/derosagroup⁠ ⁠Instagram⁠ (6.8k followers) - ⁠https://www.instagram.com/themattfaircloth/⁠ ⁠Facebook⁠ (1.3k followers) - ⁠https://www.facebook.com/thederosagroup/⁠ ⁠BiggerPockets Profile⁠ - ⁠https://www.biggerpockets.com/blog/contributors/mattfaircloth⁠ ***Please visit our website to learn more about us and the power of syndications! *** https://kcreatingwealth.com ***Join our “KCREatingwealth Together” Facebook group to collaborate with tons of likeminded investors from all over and help each other change our lives for generations!*** ⁠https://tinyurl.com/ycerv4ra⁠ Follow me on social! Instagram: @Kyle.kcreatingwealth, @KCREatingwealth Facebook: @Kyle Curtin Linkedin: Kyle Curtin Biggerpockets: Kyle Curtin What equipment do I use? Blue Yeti USB Microphone: https://tinyurl.com/5n966aty Music: Straight Through by Groove Bakery | https://groovebakery.com Music promoted by https://www.free-stock-music.com Attribution-NoDerivatives 4.0 International (CC BY-ND 4.0) ⁠https://creativecommons.org/licenses/by-nd/4.0/⁠ DISCLAIMER: I or any guests being interviewed on “The KCREatingwealth Podcast” are not responsible for any investment decisions that you make or capital losses incurred. We are not licensed tax professionals or any form of wealth advisors unless particular guest happens to be as such, and all investment decisions should not be made without receiving advice from a licensed professional.

If you own a rental property, it's YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident is in danger! Welcome back to the Real Estate Rookie podcast! Eileen Daugherty is not only the property management business consultant here at BiggerPockets but also a fellow real estate investor, and today, she joins the show to talk about property management, new construction homes, and the importance of tenant safety. Eileen even shares her own real estate horror story, which occurred shortly after buying her first rental property and renting it out. You'll hear how a neighbor's seemingly innocent “crush” quickly escalated into a situation where her new tenant was being stalked, hacked, and harassed! In this episode, Eileen shares the biggest learning lessons from this unfortunate experience and the MAJOR changes she made to improve tenant safety at her properties—from installing security cameras to providing virtual private networks (VPNs) and much more. But that's not all! Stick around until the end to learn what it's like to invest in the fast-growing market of Asheville, North Carolina! In This Episode We Cover: How to keep your tenants safe with landlord best practices Why it's worth building relationships with your neighbors and tenants How to find an investor-friendly property manager for your rental properties The three most important factors for choosing an investing strategy How to scale your portfolio FAST with new construction homes The pros and cons of investing in the Asheville, North Carolina market And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Get Tips, Advice, & Support in the BiggerPockets Forums Real Estate Rookie 203 – The Ultimate Property Management Masterclass Real Estate Rookie 389 – Rookie Reply: How to Find a Property Manager & Set Up Rentals Out of State 3 Ways to Enhance Rental Property Security Connect with Eileen: Eileen's BiggerPockets Profile (00:00) Intro (50:00) Eileen's Investing Portfolio (05:17) The Asheville Horror Story (08:23) Stalked, Hacked, & Harassed! (17:12) Relisting the Property (20:27) The BEST Security Additions (27:21) Building a Team & New Construction (32:02) Investing in Asheville, NC (35:26) Connect with Eileen! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-397 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of the KCREatingwealth Podcast, I had an absolutely awesome chat with an VERY SPECIAL guest! Many of you guys may recognize Matt Faircloth, he has been a full time investor for over 15 years specializing in various projects from flips to office buildings, to single family homes, to large multifamily syndications! He has acquired over 1000 units and raised ten's of millions of dollars in equity for these projects, and also WROTE the famous Biggerpockets book “Raising Private Capital: Build Your Real Estate Investing Empire with Other People's Money!”! Matt and I had a phenomenal chat, and I can't wait for you to hear it!   Check him out here! https://www.derosagroup.com/ Landlord Chronicles Youtube (37.1k subscribers) - https://www.youtube.com/user/derosagroup Instagram (6.8k followers) - https://www.instagram.com/themattfaircloth/ Facebook (1.3k followers) - https://www.facebook.com/thederosagroup/ BiggerPockets Profile - https://www.biggerpockets.com/blog/contributors/mattfaircloth ***Please visit our website to learn more about us and the power of syndications! *** https://kcreatingwealth.com ***Join our “KCREatingwealth Together” Facebook group to collaborate with tons of likeminded investors from all over and help each other change our lives for generations!*** https://tinyurl.com/ycerv4ra Follow me on social! Instagram: @Kyle.kcreatingwealth, @KCREatingwealth Facebook: @Kyle Curtin Linkedin: Kyle Curtin Biggerpockets: Kyle Curtin What equipment do I use? Blue Yeti USB Microphone: https://tinyurl.com/5n966aty Music: Straight Through by Groove Bakery | https://groovebakery.com Music promoted by https://www.free-stock-music.com Attribution-NoDerivatives 4.0 International (CC BY-ND 4.0) https://creativecommons.org/licenses/by-nd/4.0/ DISCLAIMER: I or any guests being interviewed on “The KCREatingwealth Podcast” are not responsible for any investment decisions that you make or capital losses incurred. We are not licensed tax professionals or any form of wealth advisors unless particular guest happens to be as such, and all investment decisions should not be made without receiving advice from a licensed professional.

Episode #228 - Gorden arrived in the US from India as a college student. Now 15 years later, he owns 17 rental units that produce $5,000/month of cash flow and he is on his way to financial independence. Learn is story, how he got started with house hacking in the Bay Area, why he eventually invested in long distance rentals, how he finds good deals, and more. Companion Article:  https://coachcarson.com/longdistancebayarea BiggerPockets Profile: https://www.biggerpockets.com/users/gordenlopes#0 LinkedIn: https://www.linkedin.com/in/gordenlopes/ ________________________

Most commercial real estate agents won't give you the time of day. Learn how to get the attention of top brokers in any market, no matter your experience level. Alex is a multifamily agent that ACTUALLY works with buyers and has built a system around helping buyers succeed. Learn how to position your experience, your buying power, and create a sense of urgency within your target market. Hear what questions you should ask, how to keep the conversation going, and how to build a long lasting relationship with top brokers. As a commercial real estate investor himself, Alex understands the frustrations of not being able to locate off-market deals, not finding deals that cash flow, and running into dead ends. Once you have an agent, learn how to build out your team, identify the core components of getting a transaction done, and getting your deal across the finish line. Without using a dime of his own money, Alex set out to buy investment properties in some of the most sought after areas of Kansas City. He did it with drive, hard work, and a desire to provide long term wealth for his family. Now, through the Buyers Representation Success System (BRSS), Alex and his Colleague Logan Freeman are taking real estate brokerage to the next level. They have developed a proven system for helping 1031 exchange clients identify cash flowing deals, develop a trusted team, and ensure that your 1031 exchange money is secure. BiggerPockets Profile: ​https://www.biggerpockets.com/users/HardWorkInvesto LinkedIn: ​ ​https://www.linkedin.com/in/aolson/ Twitter: ​ ​https://twitter.com/kc_real_ _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms

In This Episode:How he found his first dealHow to find self-storage ownersWhat upside should you look for in self-storage dealsWhat size self-storage facility should you targetHow do start direct mail and cold-callingGuest Info:Zach got his start house hacking residential real estate, built up to 28 units, felt stuck, and then pivoted to self-storage after running out of his own capital. He now owns and operates seven self-storage facilities in Missouri and Arkansas, and he's on the hunt for more! Tune in as Zach shares his story of finding, funding, and closing his self-storage deals. Contact Info:Zach's BiggerPockets Profile: https://www.biggerpockets.com/users/ZQ4444Zach's LinkedIn: https://www.linkedin.com/in/zach-quick-720862a1/Resources our Guest Recommends:Growing Wealth in Self-Storage by AJ Osborne (book)Profit First by Mike Michalowicz (book)The Lifestyle Business Owner by Aaron Muller (audiobook)The Nuclear Effect by Scott Oldford (audiobook) About The Storage Investor Show:This show is about finding, funding, and closing self-storage deals. ACTIVE investors will learn how to close self-storage deals and avoid mistakes. PASSIVE investors will learn how to review deals and qualify self-storage sponsors. Download our self-storage pros and cons guide: https://www.cornerstonecapre.com SUBSCRIBE so you don't miss an episode!

Show notes:Nick started his journey like most of us, in a strong W2 job that he has built a career in. Spending time in his career at some big name companies such as Corsair and Razer. Nick realized that while he loves his W2 job, he wanted more consistent cashflow that was not dependant on his W2 job.In the short 2 years that Nick has found real estate, he has grown his profile to over 46 units! First starting off with a house hack in his local market, then expanding out into out of state markets.On this episode you'll learn:-Nick's background and his beginning journey into Real Estate-Investing out of State-BRRRR method investing-Creative Financing-Structuring Deals with Partners-Equity vs Cashflow-Due diligence tips and tricksContact Info:Website: https://giulionirealestate.com/BiggerPockets Profile: https://www.biggerpockets.com/users/nickg45

Show notes:Ryan has been in the real estate field for nearly 20 years now. He started his career off as an agent, quickly achieving accolades such as "Real Estate Rookie of the year" and his company won "Best of State" as well. While working as an agent, Ryan would work along side investors helping them secure properties. However Ryan realized that he wanted to be on the buyer side and become a fix and flipper himself. After completing several hundred successful flips Ryan wanted to shift his focus and help investors get the funding they need quickly and from reputable sources.With this new focus in mind Ryan created DoHardMoney.com. DoHardMoney is a hard money lender that can provide a plethora of products such as no money down (good credit and track record required). Ryan has committed himself to helping others find a fantastic lender that they can trust.Today, Ryan is still running DoHardMoney along with helping new investors achieve their goal of bigger cashflow!On this episode you'll learn:-Ryan's story and his intro to real estate and lending space-Hard Money vs Private Money-Do Hard Money lending criteria-Mistakes that some investors will make-Challenges that fix and flippers may face when using HML-Estimating rehab costs from the lender perspective-Tips for finding contractors-Current climate of HML lendersContact Info:Website: https://www.dohardmoney.com/BiggerPockets Profile: https://www.biggerpockets.com/users/ryangwright

In this episode of the "We Love Equity Real Estate Show" Marcus is joined by Lee Waldrop. Lee is a licensed agent who has been investing in residential real estate since 2011 he owns several real estate companies that focus on flipping houses turnkey property management buying homes and wholesaling in lower Alabama. Lee discusses: 1) How to Continue to persevere and go through even though you didn't have the money 2) How to find the right seller 3) What two transactions that are better than lease options 4) What is the smart and great business strategy you can do that Lee does 5) What are the benefits and the negatives as far as if they went with a property manager. SHOW NOTES: 01:21 Who is Lee Waldrop 4:06 Lee's inspiration to get into real estate investing. 05:52 His first business transaction. 07:03 First Real Estate Deal 9:22 Walkthrough seller finance deal. 18:16 Lease option perception. 24:24 Lee's Secret Sauce. 28:06 Flipping rentals walkthrough. 30:49 Tips in finding real estate deals. 31:40 Their Idea of marketing revealed. 36:04 Challenge of finding their investors 38:51 Share his most creative deal 40:52 Lee's whole upswing and a lesson learned. Connect with Lee Email: info@revitalizemobile.com Website: Revitalizemobile.com Facebook: https://www.facebook.com/TLeeWaldrop LinkedIn: revitalizemobile.com BiggerPockets Profile: https://www.biggerpockets.com/users/Twaldro1 Don't forget to subscribe to the show!

In this episode of the "We Love Equity Real Estate Show" Marcus is joined by Sharon Vornholt (Queen of Probate). A Louisville investor known for working with families in crisis during the probate process of liquidating assets. Sharon will discuss: How to market for probate leads How to successfully market to executors of the estate How to navigate the conversation with the executor. How to work with families during the grieving process How To Contact Sharon Email: Sharon@sharonvornholt.com Podcast: Let's Talk Real Estate Investing Blog: Louisvillegalsrealestateblog.com Website: sharonvornholt.com Course: Probate Investing Simplified Twitter: @svornholt Facebook: facebook.com/sharon.vornholt Instagram: instagram.com/sharonvornholt/ LinkedIn: linkedin.com/in/sharon.vornnholt BiggerPockets Profile: biggerpockets.com/users/svornholt Don't forget to subscribe to the show!

Alina Trigub is the founder of SAMO Financial. She loves helping people! Her passion is to spread the word about the benefits of passive investing in various forms of real estate and to empower people to build wealth for themselves and for their families. For the past few years Alina has worked tirelessly to help her investors participate in the offerings of over 1200 apartment units, $10MM storage fund, and $5M mobile home park fund. Alina is proud to work closely with several successful  syndicators. Alina deeply enjoys learning about the goals of potential investors, and exploring venues for improving their portfolios, such as demonstrating the benefits of investing using IRA funds in real estate. Show Mentions:Alina's Library of inspirational books Purple Cow by Seth Godin How to get in touch:https://www.samofinancial.com/ Alina's Linkedin Alina's Facebook Alina's BiggerPockets Profile

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

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

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

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

Today we are joined by Brandon Turner, co-host of the BiggerPockets Podcast.  Starting out with no money or experience, Brandon built his portfolio one property at a time to currently owning over 50 rental properties.  In this show he'll discuss how to creatively put deals together, the perfect mindset for real estate investing and one investing strategy he focuses on today.      About Brandon: While working for $8 an hour Brandon sold his first home for a small profit.  After that first transaction Brandon became infatuated with the notion of selling real estate for a profit and started house hacking and buying single family rental properties.  With a current portfolio of over 50 rental properties Brandon is an expert at creatively finding and financing real estate deals.   Now a full time investor Brandon also is the co-host of the BiggerPockets Podcast and is the author of three Real Estate investment books “The Book on Rental Property Investing”, “The Book on Managing Rental Properties” and “The Book on Investing in Real Estate with No (and Low) Money Down”.     What you will learn:   Why did Brandon start with flipping houses? (5:50)   What was Brandon's biggest challenge first starting out and how did he overcome it? (8:00)   What does Brandon tell everyone who thinks Real Estate is a “get rich quick” opportunity? (11:35)   What are some of the best tools and resources Brandon leverages for his investing business? (15:39)   What are the top priorities for any new flipper just starting out in their business? (18:24)   Now that he is interviewing some great real estate investors on a daily basis, what are some of Brandon's biggest “ah-ha” moments of the past year? (24:17)   What does Brandon's investment team look like? (26:44)   What advice does Brandon have for new investors about putting deals together? (29:24)   What is the BRRRR strategy? (30:26)   What is the one piece of advice Brandon would give to anyone to become a consistent 6 figure flipper? (35:26)   Quotes: “I think I was making $8 an hour when I bought my first house.”   “Poor people say I can't afford it, rich people ask how can I afford it?”   “When you focus on the process and commit for an extended period of time the results take care of themselves.”   “I have continually invested in a peak market and down market, but my underwriting became that much more important.”   “Once you have the knowledge you can do it again and again and again, nobody can take that from me.”   Resources: Help spread this uplifting content by leaving a review on iTunes: http://bit.ly/MMiTunesReview   Stay in touch with Matty A: Website: https://mattaitchison.com/ Facebook: https://www.facebook.com/officialmattya Instagram: https://www.instagram.com/officialmattya YouTube: https://www.youtube.com/channel/UCinIteUWBIk-ycgg5i7q99w/featured Free Content: text “REIREADS” to 44222   Connect with Brandon: Website: www.biggerpockets.com BiggerPockets Profile: https://www.biggerpockets.com/users/brandonatbp

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:Mindy’s storyHow to pay zero dollars in capital gain taxesThe tax exemptions involved with getting marriedWhat exactly a live-in flip is16 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 bookBonuses!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

Why do you want to invest in real estate? Is it just about having a lot of units—or is it about creating a life you can be proud of? On today’s episode of The BiggerPockets Podcast, we sit down with Josh Daniels, a real estate investor in Montana who, along with his wife Summer, has chosen to buy fewer but better deals on a quest for financial freedom. You’ll hear about Josh’s highly creative actions that turned their first deal into a cash-cow, as well as the shift to (and reason for) investing in single family houses. You’ll love Josh’s attitude toward financial freedom, as well as his message that you don’t need hundreds of units to be free.In This Episode We Cover:How Josh got started investing right out of collegeThe story behind his killer first rentalRental rates for this propertyHow they earned $80k on their next dealWhat exactly a live-in flip isHow they manage their propertiesA discussion on tenant drama in multi- vs. single-family propertiesJosh’s “why” in his investingHow to handle emotional attachment to dealsTips on financing deals through the BRRRR methodHis thoughts on Dave Ramsey’s advice for paying off loansAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Bookstore500k Net worth in 5 years (I’m 30 today!!!) (Forum Post)Dave RamseyFrom Shop Teacher to Multifamily Syndicator with Todd DexheimerBooks Mentioned in this ShowThe Millionaire Mind by Thomas J. StanleyThe Millionaire Next Door by Thomas J. StanleyBrandon’s Book on Rental Property InvestingThe Total Money Makeover by Dave RamseyFire Round QuestionsNew member – Looking for advice on getting startedHow many chances do you give a tenant who pays late?This house has no takersTweetable Topics“Ignore everything on the MLS. Drive every street and check out dilapidated properties.” (Tweet This!)“Life is not a competition.” (Tweet This!)Connect with JoshJosh’s BiggerPockets Profile

There are a lot of reasons to love being a real estate investor. One of the most impressive is the “unfair” tax treatment investors get by the US Government – and we mean that in a good way! On today’s episode of The BiggerPockets Podcast, we sit down with CPA Linda Weygant to learn more about those incredible tax benefits. You’ll also hear how she discovered the power of real estate through her clients, and how that led her to begin her own investing journey. Linda shares how she navigates the messy world of investing in properties that have HOAs, as well as how she uses her “unfair advantages” to succeed where others fail. Finally, as a CPA, we have a special “tax-focused-Fire-Round” where we talk about LLCs, deductions, and much more!In This Episode We Cover:How Linda got into real estateWhy the government likes real estate investorsWhat her first deal looked likeWhat to look out for when using credit cards for rehabsShould you be debt free before investing?Debt to income ratioWhy she chose a townhouse as a first investmentHer HOA storyThe landlord vs HOA mentalityHow she got her positions in the HOA boardsRent-By-The-Room apartmentsHow to manage Rent-By-The-RoomInvesting with family and getting an LLCHow one should handle their businessWhere she’s headed in the next 10 yearsAnd SO much more!Links from the ShowBiggerPockets ForumsSept. 27, 2017 NYC Meetup w/Brandon Turner (Darren’s Event)BiggerPockets CalculatorsPartnerships, Landlording, and Getting Started in Real Estate with Meghan McCallumMeghan McCallum’s BiggerPockets ProfileBiggerPockets Meetup EventsBrandon Hall’s BiggerPockets ProfileBooks Mentioned in this ShowSet for Life by Scott TrenchThe Book on Rental Property Investing by Brandon TurnerFinding and Funding Great Deals by Anson YoungThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarlandThe 4-Hour Workweek by Timothy FerrissYou’ve Got This by Will MatthewsFire Round QuestionsWriting off a firearm?Meet 750hrs on a Single Rental Property?Is education cost a tax deductible business expense?Tweetable Topics:“The costs to maintain a property go up every year.” (Tweet This!)“Always be open for something new.” (Tweet This!)“Always treat your tenants with respect.” (Tweet This!)Connect with LindaLinda’s BiggerPockets Profile

Is it possible to invest in real estate if you live in an expensive market—and earn a teacher’s salary? According to today’s guest, it’s not only possible, but it can be incredibly profitable! Today’s guest, Michael Swan, is a P.E. teacher who lives in San Diego but has used the valuable real estate concept known as “trading up” to acquire millions of dollars in real estate. You’ll learn why Michael liquidated his entire retirement plan to buy his first few deals, the truth about “luck” and real estate, and some fantastic tips for buying and managing properties—even from a distance. (And if you work a full-time job or make less than $100,000 per year, this show might just change your life!)In This Episode We Cover:Why Michael’s nickname is SwannyHow he realized his financial ladder was leaning on the wrong buildingTips for utilizing IRAs and penaltiesWhether purchasing 11 condos is a good idea or notThe story of the 15-unit apartment complexHow he went from $5k in cash flow to $24kWhether luck had to do with his great dealsTips for buying areas in with both cash flow and appreciationHis formula for financial freedom (using multifamilies)A discussion on single families versus multifamiliesHow to find deals in your marketTips for seeking out the perfect property managerHow many units he has nowHow to tackle big projectsHow he manages his work with his time as a teacherAnd SO much more!Links from the ShowBiggerPockets ForumsZillowCraigslistBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiMulti-Family Millions by David LindahlLoopholes of Real Estate by Garrett SuttonThe 7 Habits of Highly Effective by Stephen CoveyThink and Grow Rich by Napoleon HillThe 10X Rule by Grant CardoneFire Round QuestionsWhat strategies do you use to find the “right” property manager?Is a skunk in the yard my responsibility?Apartment bedrooms 2, 1 or studiosInvesting in San DiegoInvesting in rental income properties out of stateTweetable Topics:“Living in San Diego, if I am able to do it, anybody can do it.” (Tweet This!)“Luck is when preparation meets opportunity.” (Tweet This!)“Make sure you make connections with everybody.” (Tweet This!)“I don’t take advice from someone that has less than me.” (Tweet This!)Connect with MichaelMichael’s BiggerPockets Profile

From the millions of people who come to BiggerPockets each month, there are two issues that we hear about over and over and over: People can’t find deals, and they can’t find money. So today on the BiggerPockets Podcast,we’re excited to dive deep into these two issues with a good friend of BiggerPockets—Anson Young. Anson is an experienced investor (and new author!) who shares his best tips for finding real estate deals, even in a competitive market. You’ll learn his best direct mail tips, advice for talking with sellers, and much, much more!In This Episode We Cover:Who is Anson Young?How many deals he has done so farThe most common mistakes made when finding dealsHow to set the right criteriaWhere to find great propertiesHow to cut through the competitionTips for using CRMS and checklists for direct mail marketingWhere Anson gets his listsWhat exactly a probate isHow to maximize networking and referralsHow to use bandit signs the right wayThe bonuses you’ll get with Anson’s bookWhat you need to know about funding dealsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets StoreListSourceBiggerPockets Podcast 034: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson YoungBiggerPockets Podcast 096: Finding Deals, Wholesaling and House Flipping in a Hot Market With Anson YoungBiggerPockets Podcast 144: Getting Out of Your Comfort Zone and Kicking Butt at Real Estate with Danny JohnsonBiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a YearPodioBooks Mentioned in this ShowFinding and Funding Great Deals by Anson YoungThe book on investing with Low or No Money Down by Brandon TurnerThe Checklist Manifesto by Atul GawandeRich Dad Poor Dad by Robert KiyosakiThe Obstacle Is the Way by Ryan HolidayEgo Is the Enemy by Ryan HolidayTweetable Topics:“Step one is always finding out where you want to be for what you want to do.” (Tweet This!)“The more work it takes, the less competition I have.” (Tweet This!)“I don’t trust anyone’s numbers.” (Tweet This!)Connect with AnsonAnson’s BiggerPockets Profile

A lot of people want to achieve financial freedom—but many who start the journey never arrive. So what’s the best way to truly set yourself up for success in achieving financial independence and wealth? That’s the topic of today’s show, where we sit down with Scott Trench, author of Set for Life,to discuss some of the simple yet powerful, tactics people can use to increase their income, reduce their expenses, and lead a legendary life. In This Episode We Cover:A little bit on Scott‘s backgroundThe path to early financial freedomHow to house hack your way to a portfolio of propertiesTips for using the BRRRR methodHow to invest despite what the market situation isAn introduction to the book Set for LifeThe three stages of wealth mentioned in the bookWhat you should know about the “financial runway“The bonuses that comes with the bookA discussion on making more moneyThe importance of finding a job you loveHow to get the set of skills you need to succeedScott’s advice to those who are getting their first dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 099: 3 Personal Finance Bloggers & Their First Real Estate Investment with Scott, Lauren, and Philip (podcast)Ben Leybovich’s BP ProfileJered Sturm’s BP ProfileHow to “Hack” Your Housing and Get Paid to Live for Free (blog)BiggerPockets Podcast 217: How to Work Less and Earn More Using the 80/20 Rule with Perry Marshall (podcast)Your First Home Purchase Could Be a Horrendous Financial Decision. Unless… (blog)Investors: Don’t Shoot for 100+ Properties. Aim for Bigger & Better With THIS Strategy. (blog)How I Went From $0 Net Worth to Qualifying for $1M in Real Estate Financing in 2.5 Years (blog)Am I Missing Something, or Is Real Estate Investing Really Not That Hard? (blog)Books Mentioned in this ShowSet for Life by Scott Trench (email setforlife@biggerpockets.com)The Book on Rental Property Investing by Brandon TurnerThe ONE Thing by Gary Keller and Jay PapasanRich Dad Poor Dad by Robert T. KiyosakiTweetable Topics:“It’s not just about being thrifty or cheap; it’s about being smart.” (Tweet This!)“Because we were responsible financially, we were able to take risks.” (Tweet This!)“Understand that what I’m doing today is what I need to get to the next level.” (Tweet This!)Connect with ScottScott’s BiggerPockets Profile

Success leaves clues! Rather than trying to figure it all out on your own, why not listen to someone who has been involved with nearly every aspect of real estate for decades? On today’s episode of The BiggerPockets Podcast, we sit down with Jay Hinrichs, an investor and hard money lender from Oregon, to learn how he has navigated the real estate market for more than 40 years—and how you can grow your own business from his wisdom!In This Episode We Cover:How Jay Hinrichs started when he was 18A discussion on whether you should get a license or notHis first houses in the Bay areaWhy agents are not investingWhat a hard money lender isHow to be approved by hard money lenderHow Jay became the largest hard money lender in his areaWhy you should consider the BRRRR strategy (and how he’s been doing it for years)How to do something nice for somebody (through BiggerPockets)Why you should go ask in the ForumsTips for finding the right partnersHow to get the “lion’s share“The most common question in the ForumsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets New Members IntroductionJoel Owens’ BP ProfileJosh’s Twitter ProfileBiggerPockets Keyword AlertsBiggerPockets Hard Money Lenders (listing)Books Mentioned in this ShowThink and Grow Rich by Napoleon HillRocket Fuel by Gino WickmanTweetable Topics:“When you’re starting out and you don’t have the money, you need to honor the money.” (Tweet This!)“Any investor that I bring in a deal always makes more money than I do.” (Tweet This!)“I will never retire. I’ll be doing this until I’m not functional. I love what I do.” (Tweet This!)“Every market is different. You have to play to the market.” (Tweet This!)Connect with JayJay’s BiggerPockets Profile

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started.In This Episode We Cover:CommitGain KnowledgeGet Your Life in OrderDecide on What You Want With Your lifeDecide What Niche/Strategy is Going to Get You ThereSet Your Goal(s)Choose Your Farm LocationFigure Out Your FinancingGet Your Core Team TogetherStart Looking for DealsEstimate Rehab BudgetRun the NumbersReview Your Numbers With SomeoneMake the OfferNegotiate and Get It Under ContractManage the Due Diligence ProcessKeep Yourself OrganizedBuy the PropertyManage the Property or RehabStick Close to BiggerPockets for Every Step of This processConnect with Brandon and JoshJosh’s BiggerPockets ProfileBrandon’s BiggerPockets Profile

Real estate investing is no longer just for older generations! Today on the BiggerPockets Podcast, we sit down with Houssein Al-Eidan, an accountant from the St Louis area who has purchased 25 rental units — and he’s just turning 25 years old this month! You’ll hear Houssein’s unique strategy of buying lower-price properties (many from auctions) and using a variety of strategies to increase his returns (including AirBnB and even leaving some properties vacant!). This show is bound to leave you inspired to expand your own real estate portfolio — no matter what age you are.In This Episode We Cover:How Houssein found BiggerPocketsHow he relocated from Kuwait to St. Louis (and why)How he discovered real estate through TV showsWhat his first deal was likeHow he dealt with a complicated foreclosed property with an existing tenantThe total number of deals he’ve done so far in the past yearHow his numbers look for his condo unitsWhat his game plan is after buying so much propertyHow he funds these properties through seller financingThe importance of understanding the seller’s motivationTips on Airbnb propertiesHow be built a team for delegationA word of caution in this type of investingAnd SO much more!Links from the ShowScott’s Twitter AccountBiggerPockets JobsFlip or FlopBiggerPockets Podcast on YoutubeAuction.comZillowBooks Mentioned in this ShowThe Book on Investing with Low or No Money Down by Brandon TurnerThe Effortless Empire by Chris GrayHow to Win Friends & Influence People by Dale CarnegieTweetable Topics:“The first purchase may not be always be the best.” (Tweet This!)“Once you understand the seller’s motivation, from there you can customize a plan.” (Tweet This!)Connect with HousseinHoussein’s BiggerPockets Profile

Everyone knows rental properties can be a great way to build wealth and cash flow. Yet so few people ever take the steps needed to build their portfolio. That’s why we’re excited for you to listen to this week’s episode of The BiggerPockets Podcast! On this show, we sit down with Steve Garner, a North Carolina investor who currently is building and managing a rental portfolio while working a full-time job he loves. You’ll learn several creative methods for finding deals that have worked great for Steve, as well as some of his clever tricks for managing tenants with minimal work!In This Episode We Cover:How Steve got started in real estateHow to build courage to get started investingDetails on his first dealWhy Brandon and Steve love tenant-proofing their propertiesWhat “REO” meansWhat REIA isHow he landed his second property using HomepathTips for looking at cash on cash returnHow many deals has Steve done so farHow he finds dealsHow he handles CapExHow to puts money aside for CapExSteve’s 10-unit townhomesHow he finances his propertiesThoughts on managing propertiesWhy he’s very particular when a tenant’s about to leaveWhat his full-time job isThe importance of screening and having standards for tenantsAnd SO much more!Links from the ShowDenver Startup WeekBiggerPockets JobsCarlton Sheets CassettesBiggerPockets WebinarBiggerPockets EventsBP Podcast 004: Commercial Real Estate Investing With Frank GallinelliBP Podcast 186: How to Get Your First Few Properties — Even in a Competitive Market with Dave MeyerBiggerPockets ForumsBooks Mentioned in this ShowThe Book on Investing with No or Low Money Down by Brandon TurnerThe Book on Rental Property Investing and The Book on Managing Rental by Brandon Turner and Heather TurnerThe Millionaire Real Estate Investor by Gary KellerRich Dad Poor Dad by Robert KiyosakiLandlording on Auto-Pilot by Mike ButlerThe Success Journey by John C. MaxwellThe Richest Man in Babylon by George S. ClasonHow to Win Friends & Influence People by Dale CarnegieTweetable Topics:“I am a long-term buy and hold investor so I try to rent-proof my properties.” (Tweet This!)“The time to get credit is when you don’t need it.” (Tweet This!)“There’s so many good tenants out there that you want to make sure you find that good tenant.” (Tweet This!)“Beyond being a continual learner is taking action.” (Tweet This!)Connect with SteveSteve’s BiggerPockets Profile

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

Around BiggerPockets, we often encourage newer investors to sit down with an experienced real estate investor to “pick their brain” and soak up their wisdom. Today on the BiggerPockets Podcast, we want to do just that. Dave Short began investing in real estate nearly half a century ago and has an incredible level of insight into the ups and downs of building wealth through real estate. We cover everything from overcoming failure to flipping a hundred houses in four years and much more!In This Episode We Cover:How he got started in real estate from a factory job 44 years agoThe grave need for property management and liquidating their businessThoughts on going through investing with over a million dollars in debtTips for making partners instead of having bank relationshipsHow help from the outside opened his eyesWhy you should stay in the game despite failuresThe importance of working with the right peopleHow many transactions he has done over his real estate careerHow he flips a houseWho’s on his teamHow to hook a spouse on investing in real estateHow he buys his dealsHow to get a good transaction as a wholesalerMaking a deal by solving other people’s problemsHow to show yourself to be legit as a wholesalerWhy you should find a veteran investor in your marketWhat “pre-habbing” a house isAnd SO much more!Links from the ShowBiggerPockets JobsGoogle PlayTim Ferris’ PodcastBP Podcast Show 91: Getting Started as a Real Estate Wholesaler with Ben GriseBiggerPockets Keyword AlertsBiggerPockets MeetBiggerPockets Analysis ToolsBiggerPockets ForumsBooks Mentioned in this ShowThe 4-Hour Workweek by Timothy FerrissThe Book on Rental Property Investing by Brandon TurnerThe ONE Thing by Gary Keller and Jay PapasanThe Millionaire Real Estate Investor by Gary KellerBurst This! by Frank McKinneyUnlimited Power by Anthony RobbinsAwaken the Giant Within by Tony RobbinsTweetable Topics:“The management is the key to success, and real estate is just the vehicle.” (Tweet This!)“In buying and selling real estate, every house has 2 to 4 solutions.” (Tweet This!)“The beauty in staying in the real estate business for 44 years is if you’re in a slump for 4 years, that’s only 10% of your career.” (Tweet This!)“If you can’t ask the right questions, then you’ll never get to the solution.” (Tweet This!)“I never look at them as competition. They’re people we work together with, and we can all make a living.” (Tweet This!)Connect with DaveDave’s BiggerPockets Profile

Today we’re excited to bring you an interview with a savvy investor who’s done over 500 deals — Cameron Skinner. Cameron got his start with new construction spec builds in the late 1990s and due to the changing economy created an interesting twist that we know you guys are going to just love. This episode is packed with incredible, actionable advice that will leave you shouting, “I’m totally going to do that strategy!”In This Episode We Cover:How Cameron got started by partnering with someoneWhy he started with new constructionCan anyone build to rent?How to calculate capex and why it’s importantWhat exactly cost segregation isHow to get tax benefits nowHow many deals Cameron has done so farHis experience during the crashWhat you should know about how lease options workWhen to seek professional advice regarding the laws in your areaHow to know your marketDownsides of the build-rent strategyTricks for finding the best contractorHow he completed so many deals without picking up a hammerHow to keep an “investor mindset” to find the best dealsThe importance of finding out your skill setWhy Cameron has no employeesThe cost of tearing down a propertyAnd SO much more!Links from the ShowBiggerPockets AnalysisBiggerPockets CalculatorsBiggerPockets ForumsKeyword AlertsBiggerPockets MeetTax, Legal Issues, Contracts, Self-Directed IRA Forum CategoryBooks Mentioned in this ShowThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarlandBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownThe Richest Man in Babylon by George S. ClasonThou Shall Prosper by Rabbi Daniel LapinTweetable Topics:“I’m not worried about 20 years from now because I might be dead — so I want to take the tax benefits now.” (Tweet This!)Connect with CameronCameron’s BiggerPockets Profile

People have a lot of excuses about why they aren’t’ investing in real estate. “I work too much.” “I live in an expensive area.” “I don’t know enough.” But on today’s show, we sit down with a BiggerPockets member who is absolutely crushing it — despite a full-time job, living in Silicon Valley, and being brand-new to real estate. You’ll learn how Kevin Wood has managed to go from zero to twenty-five deals in under a year, largely using networking on BiggerPockets to make it happen. You’ll be inspired, motivated, and educated to get off the bench and jump into the game!In This Episode We Cover:How Kevin went from 0 to 25 units in less than a yearHow to overcome the fear of buying that first dealHow BiggerPockets helped Kevin focus on his investingThe “condo mistake” Kevin almost made for his first dealHow to have a competitive advantageTips for approaching other investorsWhy (and how) Kevin bought five houses at once for his first dealThe logistics of buying five properties at once as a newbieHow to know if you’re buying a good deal or notThe benefits of analyzing 100 dealsInvesting in stocks vs. real estateHow to make a good partnershipTips on working with partners — the good, bad, and uglyHow to introduce yourself on BiggerPocketsHow Kevin got a $200,000 discount on his 6-plexThe 14-unit turnaround — and the drama associated with itHow to work with a designer to get the best look for a unitA discussion on contractors and how to find themHow to manage a multifamily complexThe caveats associated with big fixer-upper dealsTips on going for package dealsThe genius negotiating strategy Kevin uses to get incredible dealsAnd SO much more!Links from the ShowBiggerPockets is hiring!BiggerPockets’ TwitterMail BiggerPockets SupportReal Estate Deal Analysis and Advice Forum CategoryBiggerPockets CalculatorsBiggerPockets ForumsBiggerPockets Radio Podcast 003: Getting Started in Real Estate and Raising Money with Brian BurkeBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBP Podcast 152: Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge ShukhatBiggerPockets WebinarKeyword AlertsRob Regan’s WebsiteBP Podcast 077: Negotiating Your Way to 1000 Wholetail Real Estate Deals with Michael QuarlesSharon Tzib’s ProfileBefore and After ImagesBeforeAfter RehabBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownInvesting in Apartment Buildings by Matthew MartinezThe Millionaire Real Estate Investor by Gary KellerThe 4-Hour Workweek by Timothy FerrissThe One Thing by Gary Keller and Jay PapasanTweetable Topics:“Once you have that first deal, you suddenly become more legitimate.” (Tweet This!)“Once the number makes sense, then we do everything we can to find the yes.” (Tweet This!)“Never compromise in your returns.” (Tweet This!)Connect with KevinKevin’s BiggerPockets Profile

On this episode of the BiggerPockets Podcast, we sit down with Mark Spidell, an investor from the great state of Colorado, to discuss how he uses real estate to engineer his ideal lifestyle! We talk about partnering with family, investing out-of-state, buying small commercial buildings, owning vacation rentals, and much, much more! Not only will this episode entertain and inform you, it will also help you clarify your own investing plan so you can begin engineering your own perfect lifestyle!In This Episode We Cover:How Mark got started through ADUWhy he went the vacation rental routeWhere he currently investsThe benefits of lifestyle-focused investingTips for people with familiesThe qualitative and quantitative parts of his investingWhat he’s learned from his first investmentsHow he weathered the market crashHow he was able to buy more after the crashTips for investing in commercial dealsHow he financed his commercial propertyA commercial banker’s perspective on applying for loanThe difference between commercial and residential financingHow to minimize risk on commercial propertyThe benefits of investing in commercial real estateWhy you should ask for help from attorneys when drawing up leases for commercial propertyThe ins and outs of being a landlord for commercial real estateHow to successfully mix commercial property and vacation rentals in your portfolioHow to find out what you’re good at and figure out which investing path to takeThe art of lifestyle engineeringAnd SO much more!Links from the ShowBiggerPockets’ Rental Property Portfolio TrackerBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBiggerPockets WebinarBiggerPockets CalculatorBP Podcast 152: Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge ShukhatBe a guest on the podcastBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiRich Dad’s CASHFLOW Quadrant by Robert T. KiyosakiSchweser Notes for the 2011 CFA Exam Level 1 Book 3: Financial Reporting and AnalysisTweetable Topics:“Commercial real estate is valued based on the income of the property.” (Tweet This!)“If you want the freedom, real estate could help you, but make sure you are doing it for the right reasons.” (Tweet This!)Connect with MarkMark’s BiggerPockets Profile

How would you like to own ten, fifty, or a thousand rental units? That’s the topic of today’s podcast roundtable with three previous guests of the BiggerPockets Podcast, Ben Leybovich, Brian Burke, and Serge Shukhat. These three investors have three very different business models, and in this fascinating discussion, each shares how they use rental properties to build wealth and passive income. We discuss (and debate) every aspect of the investor’s journey — all in an effort to help you succeed! We also discuss the big dangers rental investors face and how YOU can avoid those problems! Don’t miss this incredibly powerful episode with three fun, smart, and successful rental property investors!In This Episode We Cover:Where is the rental market headed?Is planning for appreciation useless? (Debate!)What mistakes do new investors make?Overcoming challenges to investing in TODAY’S marketIs it too late for newbies to buy rental properties?The best “single tip” from each panelist for newbiesAnd SO much more!Links from the ShowBP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichBP Podcast 061:How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and BenBiggerPockets Radio Podcast 003: Getting Started in Real Estate and Raising Money with Brian BurkeBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge ShukhatBP Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge ShukhatBooks Mentioned in this ShowThe Book on Rental Property Investing by Brandon TurnerThe Book on Managing Rental Properties by Brandon & Heather TurnerBrandon Turner’s The Book on Investing with No or Low Money DownConnect with The PanelBrian Burke’s BiggerPockets ProfileBrian’s websiteBen Leybovich’s BiggerPockets ProfileBen’s websiteSerge Shukhat’s BiggerPockets Profile

WARNING: We’re sorry, but there is no way you’ll be able to listen to today’s show without taking MASSIVE ACTION immediately after! Today on the BiggerPockets Podcast, Josh and Brandon bring you 22 (and a half) of their all-time favorite ACTIONABLE tips for building your real estate empire, especially if you’re just getting started. This show will leave you with a serious list of direct, actionable next steps that you can start implementing in your real estate today. Get ready because this show is going to change how you do real estate. You’ve been warned!In This Episode We Cover:The actionable tips to help you take off as a real estate entrepreneurTips for posting on CraigslistWhy you should analyze 3 deals every single dayWhat to look for in a local real estate agentA great way to connect with local real estate investorsWhy house-hacking a great strategy for newbiesThe real estate books that matterThe importance of knowing your creditThe two phrases to eliminate from your vocabularyThe importance of giving your agent your criteriaWhy you should consider using yellow lettersThe strategy of walking for dollarsHow to formulate a roadmap for successWhy flip shows video are greatHow to continue your education in financial literacyWhat podcasts to listen toAnd SO much more!Download the Whole List (all 22.5!) Links from the ShowCraigslistBiggerPockets MarketplaceBiggerPockets WebinarBiggerPockets CalculatorsBiggerPockets MeetThe Best Real Estate Books EverAnnualCreditReportCreditKarmaBiggerPockets Keyword AlertsBP Podcast 141: 7 Ways to Find Incredible Real Estate Deals with Chad CarsonYouNeedABudgetBiggerPockets PerksThis Old House TVBiggerPockets #AskBP PodcastsBiggerPockets Youtube ChannelBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Total Money Makeover by Dave RamseyThe Book on Investing with No or Low Money Down by Brandon TurnerWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measuresby Frank GallinelliTweetable Topics:“Never buy a property when you only analyzed it just in your head.” (Tweet This!)“You’re the average of the 5 people you associate the most.” (Tweet This!)“Everybody has unfair advantages.” (Tweet This!)Connect with Brandon and JoshJosh’s BiggerPockets ProfileBrandon’s BiggerPockets Profile

Having trouble finding good deals? You won’t after this inspiring episode of the BiggerPockets Podcast! Today we bring you an interview with Shawn Holsapple, a real estate investor who is dominating his market, having done over 300 transactions in just the past several years. You’ll learn how Shawn is finding consistent deals and opportunities to keep his deal pipeline flowing!In This Episode We Cover:How Shawn got started investing out of the countryThe certain book and seminar that spurred him to beginHow to overcome analysis paralysisWhere he gets his active incomeWhat wholesaling and “wholetailing” areHow many deals he is doingWhat his team consists of and how he maximizes the use of a VAHow to best take advantage of HUDs and the MLSTips for knowing what to offer when making a dealHow Shawn uses online auctionsHow to figure out the cost of a fix upShawn’s take on getting a real estate licenseWhat you should know about building your portfolioWhy Shawn believes you don’t necessarily need a cash buyer’s listA glimpse into how he manages his businessAnd SO much more!Links from the ShowBrandon’s Disney’s video (on his Facebook)BiggerPockets SubForumsBiggerPockets ForumsUpworkBiggerPockets WebinarAuction.comHudson and MarshallBiggerPockets Keyword AlertsBiggerPockets #AskBPBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiThe 4-Hour Workweek by Timothy FerrissThe Book on Flipping Houses by J. ScottThe E-Myth Revisited by Michael E. GerberThe 10X Rule by Grant CardoneTweetable Topics:“You flip for quick cash so that you can buy the buy and holds.” (Tweet This!)“If you can’t sell your deal, then you don’t have a deal.” (Tweet This!)“If you’re not falling down and getting hurt then you are not trying hard enough.” (Tweet This!)Connect with ShawnShawn’s BiggerPockets Profile

Everyone wants to invest in multifamily properties. (Well, almost everyone.) But with the market heating up around the country, great deals are becoming incredibly difficult to find. That’s why we had to bring back one of our most popular guests on the BiggerPockets Podcast, Serge Shukhat.The last time we talked with Serge back in episode 60, Serge told us how he built up a massive portfolio in just a few years. But if you were impressed then, this show is going to blow you away. Filled with TONS of actionable tips, stories and warnings, this is one episode you are going to want (and need) to listen to over and over again.In This Episode We Cover:How Serge got started in real estateWhat he’s been up to since his last episodeWhat value add and value add investors areWhat you need to know about commercial lendingHow he used seller financing for his 32 unitsThe 3 components of successfully purchasing multifamily propertiesThe ins and outs of cap rate and exit cap rateWhy Serge does his own property managementThings to avoid when value add investingWhat exactly submetering isInstances when overlooking things may cause problems later onThoughts on using multi-units as vacation rentalsHow to train resident managers and tenantsThe importance of changing your strategy depending on the marketWhat you should know about long term 30-year fixed financingWhat secondary markets are — and why Serge likes themHow to connect with owners and resident managersHow to keep a competitive advantageAnd SO much more!Links from the ShowBP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge ShukhatBP Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneBiggerPockets ForumsStop Obsessing About All Those Damn “Rules” in Your Real Estate Investing (Blog Post)LoopNetBiggerPockets Multi-Family and Apartment Investing ForumsBooks Mentioned in this ShowThe Magic of Thinking Big by David J. SchwartzRich Dad Poor Dad by Robert T. KiyosakiLandlording on Auto-Pilot by Mike ButlerThe Real Book of Real Estate by Robert T. KiyosakiThe 7 Habits of Highly Effective People by Stephen CoveyThe ABCs of Real Estate Investing by Ken McElroyThe E-Myth Revisited by Michael E. GerberThe ONE Thing by Gary KellerHow to Win Friends & Influence People by Dale CarnegieTweetable Topics:“If you want to do a syndication, make sure you find a syndicator that is experienced. It’s all about the sponsor.” (Tweet This!)“Time is not your enemy in real estate, time is your friend.” (Tweet This!)“Be on a location where people want to be.” (Tweet This!)“No matter how successful you are, you got to keep moving forward.” (Tweet This!)Connect with SergeSerge’s BiggerPockets Profile

On this episode of the BiggerPockets Podcast, we’re going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You’ll meet Mindy Jensen and discover how she uses the “live-in flip” strategy to build wealth through real estate. You’ll also learn how a live-in flipper can save significant money on taxes as well as a discussion on the benefits of doing your own work. Don’t miss this enlightening, and hilarious, episode!In This Episode We Cover:Who Mindy Jensen isHer thoughts on personal financeFrugality, as defined by MindyA debate on Starbucks (as well as Priuses) and frugalityWhere she spends her moneyHow Mindy got started in real estateDetails on her deals7% as a steal?The ins and outs of performing a live and flipGetting a real estate license as a means to investWhat you should know about For Sale By Owner (FSBO) propertiesHow she advertises her housesThe pros and cons of live and flipsWhy women can and should fix housesThe importance of home inspectionsAnd SO much more!Links from the ShowBiggerPockets Keyword Alerts#AskBP PodcastBiggerPockets BlogsBiggerPockets ForumsBP Podcast with Jeff BrownHow to “Hack” Your Housing and Get Paid to Live for FreeFSBOMadisonZillowTruliaBRRRR Strategy3 Real Life Examples That Prove the HIGH Cost of Ignorance in Real EstateWant to Make $1,000 or More Per Hour?BiggerPockets Forums: New Member IntroductionBooks Mentioned in this ShowThe Book on Flipping Houses by J. ScottThe Book on Investing with No Money Down by Brandon TurnerThe Snowball: Warren Buffett and the Business of Life by Alice SchroederThe Warren Buffett Way by Robert G. HagstromThe Richest Man in Babylon by George S. ClasonTweetable Topics:“Frugality is save money where you can, so you can spend it where you want to or where you need to.” (Tweet This!)“I didn’t get my license to sell houses. I got it so that I could invest and have access to MLS.” (Tweet This!)“Nobody likes your house more than you.” (Tweet This!)Connect with MindyMindy’s BiggerPockets Profile

Is it possible to invest in real estate when you don’t have decades of life-experiences? That’s the topic we dive into today on the BiggerPockets Podcast with special guest Jered Sturm. Jered, who is in his mid-twenties, is an incredibly successful buy-and-hold investor as well as a house flipper and contractor. Jared’s unique strategy appeals to anyone who is looking to build a large portfolio in a short time. Today’s show is all about hustle, and doing what it takes to succeed! Whether you are 25 or 75, this interview is bound to inspire you to take massive action to find the success you desire. Stay tuned!In This Episode We Cover:How Jered bought his first property right out of high schoolDetails on Jered’s journey to 20+ unitsHow Jered has financed his dealsThe ins and outs of the flips he’s completedThe importance of networking to finding propertiesHow Jered and his team find dealsThe common trait that makes some landlords terribleThe advantages and disadvantages of investing in real estate at a young ageThe power of exponential growthAnd SO much more!Links from the ShowBiggerPockets AskBP PodcastBiggerPockets CalculatorsIt’s a Wonderful LifeHow to Start Investing In Real Estate at a Young AgeBiggerPockets ForumsBiggerPockets WebinarZillowBooks Mentioned in this ShowThe E-Myth Revisited by Michael GerberJ. Scott’s The Book on Flipping HousesInvesting in Real Estate by Gary EldredBusiness Brilliant by Lewis SchiffTweetable Topics:“If we can do it for others, why not do it for ourselves?” (Tweet This!)“If you wait longer in life, you’re going to have all the responsibilities that usually come later in life.” (Tweet This!)“People can find the confidence in you if you just carry yourself the right way.” (Tweet This!)“There’s gonna be times in life where I’ll know I want free time more than I do now.” (Tweet This!)“No company cares about the property as much as an owner.” (Tweet This!)“Be someone that people will lend money to.” (Tweet This!)Connect with JeredJered’s BiggerPockets Profile

Today on the BiggerPockets Podcast, we’re changing things up and doing something we’ve never done before!Today we’re bringing you over an hour of actionable advice on exactly how to find real estate deals (even in a hot market,) how to analyze those deals (so you don’t lose money,) and how to finance those deals (even if you have very little cash!)Don’t miss this exciting and totally different show… a taste of our weekly webinar!In This Episode We Cover:A bit about Mr. Brandon Turner and what he does at BiggerPocketsBrandon’s first property- bought when he was 21 years oldHow to find an incredible deal, even in a hot marketUsing direct mail to find dealsTwo methods of using CraigslistUsing the BiggerPockets MarketplaceUsing eviction records to find dealsHow to Analyze Deals, including a demonstration of the BiggerPockets CalculatorsThe top 10 mistakes investors make when analyzing dealsHow to Finance a PropertyThe different types of loans you can useWhat is Seller Financing?Using partnerships to fund dealsHard money vs Private money LendersAnd SO much more!Links from the Show:BiggerPockets WebinarBiggerPockets Webinar Replays (for Pro)Webinar Replay on the most recent show (only until Monday evening)Driving for Dollars Bible (blog post)BiggerPockets MarketplaceLoopNetCostar#AskBP 008: Tragic StoryBiggerPockets Analysis ToolBiggerPockets Keyword AlertsBiggerPockets MeetBiggerPockets ProBP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroyBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichBiggerPockets ForumsBiggerPockets #AskBP PodcastBiggerPockets CalculatorsText to Join the WebinarJust text “bpwebinar” (without the quotations) to 33444 to join this week’s webinarBooks Mentioned in this ShowBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownThe ABCs of Real Estate Investing with Ken McElroyTweetable Topics:“The harder I work, the luckier I seem to get.” (Tweet This!)“The cake is cashflow.” (Tweet This!)“Do your math even better because having money makes you dangerous.” (Tweet This!)“It has nothing to do with intelligence or luck, it has to do with taking action and working hard.” (Tweet This!)Connect with BrandonBrandon’s BiggerPockets Profile

The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through and make a purchase.When getting started, should you go BIG or go small? On this episode of the BiggerPockets Podcast, learn how Himanshu Jain got started investing in real estate by buying BOTH a condo and a 20-unit apartment complex. Discover the lessons Himanshu learned in the process, as well as the pros and cons of each. Additionally, the discussion on property management is going to blow you away — especially when you learn why Himanshu uses not one but THREE different property managers to look after his portfolio.Whether you want to diversify your real estate portfolio or you’re just interested in different forms of investing, check out this fascinating, innovative episode!In This Episode We Cover:How Himanshu got started with real estate investingThe pros and cons of getting a vacation rental as a first propertyHow he branched out into condo unitsWhat exactly corporate housing isOpinions on Homeowners AssociationsHow he made the big jump to multifamilyHow to use another business to finance your next dealWhy exit strategy matters to HimanshuThe ins and outs of having multiple property managersTips on marketing multifamily unitsHow Himanshu finds propertiesHow he dealt with “unusual activity” in his multifamily unitWhy he became a real estate agentAnd SO much more!Links from the Show:VRBOHomeAwayFlipKeyHomeSearch (sponsor)Podio (sponsor)Books Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiBlue Ocean Strategy by W. Chan KimThe 10X Rule by Grant CardoneTweetable Topics:“Buy with the end in mind.” (Tweet This!)“Nobody will ever take as good a care when it comes to properties as yourself.” (Tweet This!)Connect with HimanshuHimanshu’s WebsiteHimanshu’s BiggerPockets Profile

Have you ever wanted to invest in apartment complexes, but were unsure how to start?That’s the topic of today’s BiggerPockets Podcast episode, where we sit down with apartment complex investor Jeff Greenberg. Jeff shares a ton of actionable advice on how to analyze, find, and finance larger multifamily investment properties! If you want to benefit from the big potential profits this kind of real estate investing can offer, don’t miss out on this informative episode.In This Episode We Cover:The details of Jeff’s first dealHow best to fund a commercial propertyWhat exactly portfolio lending isHow to start out with no experienceWhy professionalism works in real estateWhat you need to know about LOIsWhy building relationships matters to your successThe importance of having a mentorHow to evaluate a commercial propertyTips on forming the team you need to start investingJeff’s methods for finding great dealsMistakes he made during the course of his careerAnd SO much more!Links from the Show:Trivia EmailBiggerPocket’s NewsLoopNetBiggerPockets Ultimate Beginner’s Guide to Real Estate Investing99DesignsBiggerPockets ForumsBooks Mentioned in this ShowThe E-Myth Revisited by Michael E. GerberRich Dad Poor Dad by Robert T. KiyosakiRich Dad’s CASHFLOW Quadrant by Robert T. KiyosakiConnect with JeffJeff’s WebsiteJeff’s BiggerPockets Profile

Have you ever been on vacation and thought, it sure would be nice to own some property down here? Well, that’s the subject of today’s podcast, as we speak with vacation rental property owner Scott Sutherland about how he’s built a profitable business owning and managing his vacation rental properties.You’ll learn the step by step process for finding potential properties and analyzing them for profitability, as well as financing ideas and tips on managing the short-term renters. Whether you’re already in this real estate niche or you want to get your foot in the door, we’re confident you’ll get some new insight here. Don’t miss this exciting episode!In This Episode We Cover:How Scott got started in real estate investingHis story of taking time offThoughts on choosing between stocks and real estateThe concept of control in real estateHow to get into the niche of vacation rentalsStrategies for properties that don’t typically cash flowWhat exactly a vacation rental entailsThe ins and outs of vacation rentals, including pros and consHow to market your rental propertyWhat you should know about tenant screening on vacation rentalsAnd SO much more!Links from the Show:Trivia EmailBrandon’s Forum Post on Vacation RentalsBiggerPockets ForumsEvicting Renter from a Vacation Rental PropertyBiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money DownHomeAwayVRBOAirBNBalexa.com99DesignsBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiThe 4-Hour Workweek by Timothy FerrissConnect with ScottScott’s WebsiteScott’s BiggerPockets Profile

Get ready for another incredible episode of the BiggerPockets Podcast! On today’s show we talk with real estate investor and property manager Mark Updegraff about buying homes from little old ladies, managing tenants with less stress — and who has the bigger beard: Brandon or Mark.If you want to learn about developing a buying criteria, how to get great leads through BiggerPockets, the “extra step” you should most definitely take while screening tenants, and a whole lot more, then don’t miss out on this entertaining show!In This Episode We Cover:What everyone should know about growing beardsHow Mark got started in real estateHow to find a 100 percent value neighborhoodPerspectives on Section 8 and slumlordsThe “extra step” you should perform during tenant screeningLessons learned from Mark’s very own property management businessClever methods for finding dealsHow Mark get leads through BiggerPocketsMark’s take on real estate agentsHow to develop a solid buying criteriaThoughts on get-rich-quick schemes when it comes to real estateAnd SO much more!Links from the Show:Trivia Email100 Day ChallengeBiggerPockets Webinar Replay (Pro benefit)BiggerPockets Plus and Pro AccountsCheesy Eddie’sZillowTruliaBiggerPockets Podcast Show 83 with Marcia MaynardBiggerPockets ForumsBiggerPockets MeetGoogle DriveBiggerPockets Podcast Show 111BiggerPockets WebinarBiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money DownBooks Mentioned in this ShowHow We Bought a 24-Unit Apartment Building for (Almost) No Money Down: A BiggerPockets QuickTip BookThe 10X Rule: The Only Difference Between Success and Failure by Grant CardoneThe Book on Flipping Houses by Mr. J ScottThe Fountainhead by Ayn RandThe Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters by Gregory ZuckermanTweetable Topics:“We go through our policies up front so they know that we take our business seriously.” Share on Twitter“I’m not trying to sell people things that I don’t agree with.” Share on Twitter“The secret to why I’ve been so successful is that I don’t screw around.” Share on Twitter“The first person to establish a relationship to the other agent has an upper hand when it comes to closing the deal.” Share on Twitter“Your net worth is in your network.” Share on TwitterConnect with MarkMark’s WebsiteMark’s BiggerPockets Profile

Everyone knows rental properties can be a great way to build wealth — but they also generally come with significant hassle and stress. However, today on the BiggerPockets Podcast we sit down and talk with Glenn McCrorey, an investor who discovered a unique and powerful real estate niche that makes his landlording almost completely hassle-free!Learn insight on renting to family and friends, tips on how NOT to waste your time worrying about your rentals, and ways to lessen the inconveniences that come with managing property. If you value your time but still want to invest in rentals — then don’t miss out on this unique episode!In This Episode We Cover:How Glenn got started on his first propertyWhat you need to know about renting to family and friendsThe ins and outs of special assessmentsInsight on the condo experienceReasons why Glenn and Brandon hold properties that aren’t earningWhat the “hassle factor” is and how you can manage itThe secrets behind owning worry-free rentalsHow to “live the dream” as a landlordAnd SO much more!Links from the Show:Trivia EmailBiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money DownREO Wells FargoBiggerPockets’ List of REOsBiggerPockets’ Forums: What kind of car do you drive?BiggerPockets’ Podcast Show 109BiggerPockets’ WebinarBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiHow I Turned $1,000 into Five Million in Real Estate in My Spare Time by William NickersonThe Goal: A Process of Ongoing Improvement by Eliyahu M. GoldrattTweetable Topics:“Even if you invest with creative measures, you should need to have some sort of reserve.” Share on TwitterConnect with GlennGlenn’s BiggerPockets Profile

Many new investors lose money on their first, second, and third deal. There is a steep learning curve when trying to invest in real estate and, while the loss is painful, it’s very common. However, not for today’s guest. Today we sit down with Jonathan Makovsky, a new investor from the tri-state area who had incredible success right out of the gate!If you are a new investor trying to find the right way to get started or if you’ve been investing for years but want to improve your game – don’t miss this impressive interview with Jonathan!In This Show We Cover:How Jonathan got started with a push from momTips on taking advice to best push your business forwardExactly how many houses Jonathan looked at per day in search of a dealThe benefits of having a real estate licenseThe lessons to be learned by failing on your first dealsHow to use direct mail for marketingThe details of Jonathan’s first property, purchased for $150,000How to find a partner through BiggerPocketsWhat exactly “racer math” isThe pros and cons of letters and postcardsJonathan’s experiences with office buildingHow to make a partnership workTips on using BiggerPockets as a tool for successPlus MUCH more!Links From the Show:BiggerPockets’ Plus and ProBiggerPockets’ Wholesaling CalculatorBiggerPockets’ Podcast Show 106BiggerPockets’ Podcast Show 927 Years to 7 Figure WealthBiggerPocket’s Events and HappeningsForbesThe Wall Street JournalBooks Mentioned in the ShowThe Book on Flipping Houses by Mr. J ScottBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliHow to Win Friends & Influence People by Dale CarnegieConnect with JonathanJonathan’s BiggerPockets Profile

Prepare to be inspired and motivated after listening to today’s episode of the BiggerPockets Podcast! In this program we sit down with Ophelia Nicholson, a house flipper from the Maryland area who got started with real estate while working a minimum wage job. You’ll learn how she broke out of that life and was able to quit her job to become a full time, successful house flipper, working on multiple properties at once!Listen for insightful tips on applying for a loan, learning to be a landlord, partnering with family members and quitting your job for real estate. If you’re wondering whether it’s possible to make your investing dreams come true, don’t miss out on this episode — it’ll give you great insight into how you CAN make it happen!In This Show We Cover:How Ophelia got started investingThe story of her “first small house“How to buy a house on a minimum wage salaryTips on applying for a loanThe experience of becoming an accidental landlordWhat to do if you’re sued by your renterLessons about starting out as a landlordOphelia’s on and off relationship with real estateThe pros and cons of partnering with familyHow to put 15 properties under contract in 30 daysQuitting your job for real estateThoughts on women getting into real estate investingPlus MUCH more!Links From the Show:BiggerPockets’ Trivia (email)BP Podcast Show 104BiggerPocket’s Real Estate Analysis SoftwareBiggerPockets’ List of Hard Money LendersBiggerPocket’s Flipping BookBooks Mentioned in the ShowThe Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties by J. ScottBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownThe 10X Rule: The Only Difference Between Success and Failure by Grant CardoneThe Trick to Money Is Having Some by Stuart WildeConnect with OpheliaOphelia’s BiggerPockets Profile

If nothing else, investing in real estate is an adventure, as well as an ever-evolving learning process, where you can alter your focus to align with the needs of yourself, your clients, and your family. This week on The BiggerPockets Podcast, we’ll learn all about what it takes to branch out in your real estate investing endeavors with our guest Curt Bidwell. Curt’s first real estate opportunity arose while he was working as a pastor, when a few good friends asked if he wanted to partner with them on a local fourplex. Since then, he’s acquired quite a portfolio of real estate, including sixplexes, duplexes, new construction, single family homes, townhomes, and mixed properties. He’s done it all — and now he’s even gotten his kids involved! Listen for interesting tips on how to creatively invest, the best ways to find good tenants, as well as how to encourage your kids to get interested in finances and real estate along the way.In This Show We Cover:What makes a good partnershipHow to get started with mixed rental propertiesWays to keep your children motivated and setting goalsWhere to find the best commercial locations to increase your real estate valueThe positives of renting out large family homesHow to choose whether you should have in-house management for your multi-unit rentalsMethods to teach your children to be financially wiseThe best ways to go about obtaining lines of credit for your propertiesWays to creatively invest and finance your rentalsWhat exactly a 1031 exchange isHelpful tips to finding a good location managerHow to work with local commercial lendersBest ways to screen your tenantsAnd lots more!Links From the ShowBiggerPockets Success StoriesThe BiggerPockets ForumsBooks Mentioned in the Show Rich Dad Poor Dad by Robert KiyosakiGary Keller’s The Millionaire Real Estate InvestorThou Shall Prosper: Ten Commandments for Making Money by Rabbi Daniel LapinThe Effective Executive by Peter DruckerConnect with CurtCurt’s BiggerPockets Profile

Starting out in the world of house flipping and landlording can be taxing and a lot to take on at first, but it’s all a learning experience, which is why we want you to get to know a master at both, Michael Siekerka. Michael’s first real estate investing experience was just six months after he graduated college, when he occupied his first purchase by doing a fix and flip. After years of rehabbing properties by partnering with friends for quick income, he eventually found his niche in buy and hold properties. In this informative episode, Michael shares with us how he manages his properties, the criteria he uses to find new places to rent out and the methods he follows to work successfully with hard money lenders and agents to boost his revenue. This is a show to hear if you’re in the market for success!In This Show We Cover:How to partner with friends correctlyHow to go from a fix and flip business plan to buy and hold propertiesLearning to finance correctlyThe dangers of using hard money lendersThe pros of working with a real estate agentHow to handle a basement leak — after the property is on the marketCollaborating with commercial lendersWhy working a job AND investing can be an ideal setupMaking sure you have a Plan BThe positives of working with a showing agentHow his focuses have changed since his first purchaseImportance of vetting tenantsWhy you should get references for prospective property managersAnd lots more!Links from the ShowHotpadsPostletsBiggerPockets.com/analysis The BiggerPockets ForumsOnline Rent Pay Tools Mike RecommendsIntuitGoogle WalletChase QuickPayBooks Mentioned in the Show Commercial Mortgages 101 by Michael RinehartTim Ferriss’s The Four Hour Work WeekConnect with MikeMike’s WebsiteMike’s BiggerPockets Profile

Don’t miss this special feature, as we come to you live from FinCon 2014 for Podcast 90!In a BiggerPockets Podcast first, we sit down and chat live with financial conference attendees Matt Giovanisci from New Jersey, Romeo Jeremiah from Detroit and KC Beavers from Rochester, NY, three real estate investor newbies with fascinating stories and great tips for beginning investors and veterans alike! Hear from “accidental landlords” — a growing breed of property owners — firsthand, and let yourself be regaled by tales proving that first time investors CAN achieve success from the get go. A unique and high energy recording, this is one episode you’ll definitely want to tune in for!In This Show We Cover:Getting stuck with a property during the economic downtownThe decision to rent by default, ie. the “Accidental Landlord” situationThe art of staging a space to rent it out fastWhat exactly a “Streamline Refinance” entailsThe pros and cons of renting from afarWhy finding a (trusted) property manager can be crucialThe simple way to fix a garbage disposal you may not knowA great first-time house flip success storyHow to start out with a 24-unit apartment buildingThe concept of “Forced Appreciation”Wealth creation vs. wealth preservationThe importance of thoroughly vetting tenantsThe ins and outs of using Real Estate to diversify your portfolioHow to get a loan on a commercial propertyAnd so much more!Books Mentioned in the ShowThe 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy FerrissThe Millionaire Real Estate Investor by Gary KellerThe E-Myth : Why Most Small Businesses Don’t Work and What to Do About It by Michael E. GerberTweetable Topics“You can never learn enough about this [industry].” (Tweet This!)“Just take action, just go for it…but make sure it was a risk worth taking.” (Tweet This!)“There’s not going to be a single path for someone to take.” (Tweet This!)Connect with MattMatt’s WebsiteConnect with RomeoRomeo’s WebsiteRomeo’s BiggerPockets ProfileConnect with KCKC’s WebsiteKC’s BiggerPockets Profile

Looking to be inspired?Today on The BiggerPockets Podcast we sit down and chat with Engelo Rumora, a real estate investor with a fascinating story that involved dropping out of high school, playing professional soccer, and building up a massive real estate investment business across two continents! Don’t miss this incredible interview where we cover numerous topics ranging from getting started, flipping houses, networking with potential lenders, finding (and working with) mentors, running a growing business at a young age, and a lot more!In This Show We Cover:How Engelo got his start in Real Estate InvestmentThe challenges of jumping in without formal educationValuable tips on effective networkingThe varied & diverse deals Engelo has made in his career so farWhy he decided to move from Australia to the USDetails on his first deal (and why he almost got killed because of it!)The 3 essential traits every investment partner should haveHow to avoid shady operatorsTips on how to find the most promising propertiesHow Engelo and his team finance their dealsThe keys to managing a business from a young ageWhat he’s learned about building a brand and marketing a businessEngelo’s vision for the future of his companyAnd so much more!Books Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThink and Grow Rich by Napoleon HillHow to Win Friends & Influence People by Dale CarnegieTweetable Topics“Formal education will you earn you a living, while personal development will give you a lifestyle.” (Tweet This!)“Many people are school smart, but life-dumb.” (Tweet This!)“No matter how many times you get hit, you just got to pick yourself up and keep going.” (Tweet This!)“Passion definitely inspires passion.” (Tweet This!)Connect with EngeloEngelo’s Personal WebsiteEngelo’s Company WebsiteEngelo’s BiggerPockets Profile

Today we’re thrilled to chat with New Jersey real estate investors Matt and Liz Faircloth on The BiggerPockets Podcast, covering everything from the challenges of working with a spouse to purchasing a 10,000 square foot office space!Matt and Liz have been hooked on real estate since buying their first single family home in 2002. After years of self education, their fair share of learning pains and a healthy dose of hard work, the couple now owns over 100 units and has accomplished around 15 fix and flips. Employing a team of 11, their mission statement is to “revitalize Urban America” and to “transform lives through real estate.” Pick up some great tips on building an empire from the bottom up, choosing the best kinds of financing and earning that all-important track record of success. It’s all here, so don’t miss out!In This Show We Cover:How Liz and Matt got their start in real estate as an engaged coupleThe pros and cons of working with your spouseHow to successfully get organizedThe importance of making a business plan from the get-goThe ins and outs of bookkeeping in a home business (program recommendations included!)What you stand to gain from a tax deferred exchangeThe thrills — and challenges — of buying a 10,000 sq. ft. office spaceThe all-important skill of flexibility (or “learning to pivot“)How to gain wealth through commercial real estateThe intricacies of private equity, private lending, forming LLCs & LLPs (and more!)Proof that you CAN see 20-40% returns with no money downHow to add value to a real estate investment team without putting money upThe definitive guide to finding great employees for your businessWhy modular homes may be your safest betThe worst rehabbing nightmare ever (involving lawsuits, water damage — and a total lack of foundation)And so much more!Books Mentioned in the ShowThe Lean Startup by Eric ReisRich Dad’s Cashflow Quadrant by Robert KiyosakiReal Estate Riches: How to Become Rich Using Your Banker’s Money by Dolf de RoosThe E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael E. GerberSecrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv EkerTweetable Topics“So if the game plan goes wrong, have a B, have a C, have a D.” (Tweet This!)“Do things that you’re good at and that you enjoy…bringing your real passions to a task is key.” (Tweet This!)“Single family home, multi family home — whatever your plan is, get really good at it.” (Tweet This!)Connect with Matt & LizMatt & Liz’ Company WebsiteMatt’s BiggerPockets Profile

Today on the BiggerPockets Podcast we are excited to welcome back a repeat guest coming to us from The Los Angeles area!We first met Mehran Kamari in the newbie podcast back on show 025, where he took us through the process of his first out-of-state deal, and… well, a lot has happened since then!Since his last appearance, Mehran’s business has blown up – just completing the purchase of his 10th property!In today’s show, Mehran teaches us how to successfully invest out-of-state when your local market is too expensive. He goes into detail on how to use BiggerPockets to find out-of-state partners, what due diligence you need to do, who you need on your team, how to overcome fear and much, much more!If you are in a market where the numbers just don’t seem to work, then this Podcast is for you!In This Show, We Cover:How to use real estate to quit your job, the smart way!How Mehran invests in real estate from 2000 miles awayHow to use BiggerPockets to invest in markets you are unfamiliar with Using tools such as Google Maps and Google Docs for real estateJoshua Dorkin used to be an actor!The importance of mindset and integrityLeverage is a tool!Making sure you vet out-of-state property management companies the right way!What’s involved in out-of-state due diligenceand much, much more!Links MentionedBP Podcast 029: Using Peer-to-Peer Lending to Finance Deals, Cash Flow, and Fix and Hold Investing with Dawn AnastasiBP Podcast 063: Automating Your Investing, Long Distance Rehabs and Spec Building with J ScottHipChat.comReal Estate Rewind [A BiggerPockets Community Book]Google Map View of Detroit back in 2008Books Mentioned in the ShowHow I Turned $1,000 into a Million in Real Estate in My Spare Time by William NickersonSuccess Mastery Academy by Brain TraceyTweetable Topics“To be honest I wouldn’t invest out of state unless I had a partner with boots on the ground.” (Tweet This!)“You are the average of the 5 people that you spent the most time with.” (Tweet This!)Connect with MehranMehran’s BiggerPockets Profile

Working a full time job while investing in real estate is not always easy – but as our guest today shows us: it’s totally possible. On today’s show we chat with Josh Sterling, a real estate investor who has built up a portfolio of fifty units (complete with rehabs and doing his own management) all while working a full time job.Discover the tricks, tactics, and systems that Josh has used, as well as an inside look at his creative finance methods to acquire these properties. This show is definitely one that people will want to come back to time and time again!In This Show, We Cover:Why doing things “the typical way” may not have been the right pathInvesting when the bank says “no.”How Josh used credit cards to buy his first few propertiesPortfolio lenders: the best technique for finding oneUsing a blanket loan to buy and sell real estateUsing the 2% rule to screen for great propertiesHow Josh managed his real estate business while having a full time jobHow Josh finds deals Using Homepath Mortgages for 10% down investment loansHow Josh found his first apartment complex using Facebook!Dealing with tenants while working a full time jobAnd so much more! Links from the ShowBiggerPockets.com/pro (New Video!)BP Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren SagerBP Podcast 055: The Five Steps Needed to Get Any Lender to Say “Yes” with Jimmy MoncriefThe 2% RuleBP Podcast 061: How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and BenHomePath.comBP Podcast 063: Automating Your Investing, Long Distance Rehabs and Spec Building with J ScottJason Hartman PodcastBuildium Property Management SoftwareTweetable Topics“If you can stand out, do extra work – you are going to get incredible results.” (Tweet This!)“Buy and Hold real estate is the best way to build wealth.” (Tweet This!)“I’m much more of a ‘ready fire aim’ kind of guy.” (Tweet This!)“Be proactive, not reactive, when looking for contractors.” (Tweet This!)Books Mentioned in the ShowRich Dad, Poor Dad by Robert KiyosakiThe Snowball: Warren Buffett and the Business of Life by Alice SchroederConnect with Josh!Josh Sterling’s BiggerPockets Profile

Today we are pumped to bring you one of the most exciting conversations yet on the BiggerPockets Podcast when we sit down with Serge Shukhat, a real estate investor from the Arizona area who is absolutely crushing it in real estate. Serge started with no rental properties just four years ago but has quickly built up a sizable portfolio with a mix of both single family and multifamily properties using creative finance methods and using the cash flow to quit his job.On this show we cover everything from getting started, choosing single family versus multifamily, tricks for dealing with tenants, increasing the value of your properties, and a ton more. This is definitely a show you’ll want to take some notes, so get ready to have your mind blown!In This Show, We Cover:How Serge got started while working full timeHow an Umbrella Policy can reduce your riskLandlord responsibilities vs. tenant responsibilitiesWhat kind of legal entity Serge usesOvercoming bad deals by “Doubling Down”How a competitive advantage can transform your businessWorking with real estate agents vs. getting your licenseSerge’s unique apartment that he’s bought and sold 4 timesHiring a resident manager to help reduce the loadHow to increase the value of your property by hundreds of thousands of dollars (OMG)And a lot more! Links from the ShowBP Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren SagerNewbies Take Note: Why You Shouldn’t Buy Houses for $30,000 by Ben LeybovichHomePath.com/Buildium.comBooks Mentioned in the ShowLandlording on Auto-Pilot by Mike ButlerThe Real Book of Real Estate by Robert T. KiyosakiGood to Great by Jim CollinsThe 7 Habits of Highly Effective People by Stephen CoveyTweetable Topics“Real estate never works out how you thought it would when you bought it in paper.” (Tweet This!)“I don’t want to work till I’m 65, sick, or corporate downsized.” (Tweet This!)“My biggest risk was not losing my job- it was not buying enough real estate.” (Tweet This!)“You can go broke buying good deals.” (Tweet This!)“Population, income, and jobs drive real estate.” (Tweet This!)“It doesn’t matter if the first deal is bad… at least you learned.” (Tweet This!)Take what the market gives you and be quick to pivot. (Tweet This!)Connect with PaulSerge’s BiggerPockets Profile

On today’s episode of the BiggerPockets Podcast, we talk with one of the most influential voices in the real estate investing world today – Ken McElroy.Ken, the author of The ABC’s of Real Estate Investing and several other influential books, shares his story of getting started with nothing and building up a real estate investment company with thousands of units and hundreds of employees. Ken has a lot of great advice and knowledge for people at all stages of their investing careers, and shares it in a fun, entertaining manner.On today’s show we’re going to talk a lot about getting started, raising capital, and investing in large apartment complexes for big wins. Don’t miss a second of this exciting show!Read the transcript for episode 52 with Ken McElroy here.In This Show, We Cover:Getting started with no money – through property managementWhy should someone invest in multifamily properties?Using other people’s money to invest in real estateInvesting at a distance vs. investing locallyDetermining the best locations and markets to invest in real estateCash flow vs. appreciation: which is best?Ken’s newest $9 million dollar project Why Ken loves bad landlordsHow to find amazing apartment complex dealsRaising millions of dollars in 20 minutesHow to find a great property manager?Should someone start with Apartment Complex Investing?The worst mistake you can make as a real estate investingLinks from the ShowWhat is a Cap Rate? (Capitalization Rate) (article about Cap Rates)BiggerPockets Presents: The 21 Best Real Estate Books EverBooks Mentioned in the ShowThe Art of the Deal by Donald TrumpThe Best Real Estate Advice I Ever Received by Donald TrumpTurning Pro by Steven PressfieldTribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave LoganThe Crash Course: The Unsustainable Future Of Our Economy, Energy, And Environment by Chris MartensonThe ABC’s of Real Estate Investing by Ken McElroyThe Advanced Guide to Real Estate Investing by Ken McElroyTweetable TopicsThe faster you fail, the smarter you get. (Tweet This!)“You don’t need to be an expert at everything.”(Tweet This!)There’s a lot more money out there than deals. (Tweet This!)The best deals are generated from face to face relationships. (Tweet This!)The entire goal of my company is to replace myself. (Tweet This!)Connect with KenKen’s Website: KenMcElroy.comKen’s BiggerPockets Profile

On today’s episode of the BiggerPockets Podcast, we talk with real estate investor Darren Sager about his fascinating business model involving buy and hold real estate, live-in flips, and managing properties with minimal hassle.This show is crammed full of awesome, actionable ideas, tips, and lessons – so don’t miss a second of it!Read the transcript for episode 48 with Darren Sager here.In This Show, We Cover:The college professional who got Darren startedWhen to use the 1% ruleHow Darren bought his first property for almost nothing downThe $400,000 live-in flipThe #1 most important characteristic Darren looks for in propertiesThe secret to renting property to people with childrenHow to save thousands of dollars using YouTube.And a whole lot moreLinks from the ShowThe Real Estate Agent’s Ultimate Guide to Working with Investors by Brandon TurnerHow I Found, Analyzed, and Bought an Ugly Purple Rental PropertyBrandon Bought a “Waldo” Rental Property…. But Should You?Allure Vinyl Plank FlooringPayNearMeBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberMillionaire Real Estate Investor by Gary KellarMillionaire Real Estate Agent by Gary KellarAll You Can Do is All You Can Do, but All You Can Do Is Enough by Art WilliamsHamburger America by George Motz Tweetable Topics“If a deal doesn’t at least meet the 1% rule – run away.” (Tweet This!)“It may be cliche, but when buying real estate… location is everything.” (Tweet This!)“The worse condition a property is in, the more I’ll love it!” (Tweet This!)“The most successful people are those who failed the most.” (Tweet This!)Connect with DarrenDarren’s BiggerPockets Profile

On today’s special Thanksgiving Day show, we sit down with one of BiggerPockets’ most active members and biggest success stories, Jon Klaus.Jon has flipped homes, built new properties, rented homes, and done a huge variety of other activities in the real estate space. Not only is Jon an incredibly nice guy, he’s also one of the smartest investors you’ll ever hear from.Don’t miss a second of this powerful show, where we cover everything from marketing for killer good dealsoutside of the MLS, arranging financing for your deals, getting started with no money, and even a step by step journey through a six-figure spec build.Read the transcript for episode 46 with Jon Klaus here.In This Show We CoverHow Jon got started…using lawn mowing moneyMistakes Jon has made involving War ZonesThe 7,000 sq ft house flipThe 2% Rule – what it is, when to use itWhen to change your strategyThe secret for beating other investors with great dealsHow to market for incredible dealsHow a single trees can cost you over $200,000A step by step guide for spec buildingThe four elements needed for a successful spec houseBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberThe Richest Man Who Ever Lived: King Solomon’s Secrets to Success, Wealth, and Happinessby Steven K. ScottLinks from the ShowThe Rental Property CalculatorBP Podcast 022 – Building a Marketing Machine, Spec Houses, Flipping & Wholesaling with Tucker MerrihewWade Cook – WikipediaThe Definitive Guide to Using Seller Financing to Buy Real EstateHow to Hack Your Housing and Get Paid to Live for Free from Brandon TurnerForum Threads on Dodd Frank and Safe Act 1, 2, and 3BP Podcast 038: Unique Strategies for Buying Real Estate with Travis DaggettJ Scott Diary of at Spec BuildRich Weiss – BiggerPockets ProfileJon’s recent project (with Photos)Tweetable TopicsWith determination, focus, and a little bit of money – you can get started as a real estate investor today. (Tweet This!)The deal flow will always be there; people will always buy and sell real estate. (Tweet This!)Buy the property right – that makes all the difference in the world. (Tweet This!)The key to success is determination and endurance. Winners don’t quit when it gets hard. (Tweet This!)Connect with JonJon’s BiggerPockets’ Profile

Trying to investing in real estate while holding a full time job is tough – but trying to flip houses can be even tougher. From dealing with contractors to finding money to getting the deals in the first place – flipping often feels like a full time job in itself. Luckily, today we talk with someone who is doing all those things while working a demanding day job – and finding great success at it. Michael Woodward sits down with us today to show us the systems he uses to balance both his house flipping with the rest of his life – all while maintaining a full time job. Whether you are a flipper, wholesaler, or Buy and Hold investor – you don’t want to miss this great interview on systemizing your business.Read the transcript for episode 44 with Michael Woodward here.In This Show, We CoverWhy Michael quit his job – but ended up going back into a full time job againWhen’s the right time to quit your job?Failure – when it’s necessaryLearning the tough lessons about doing your own workOne trick to help you find the very best contractorsWhat’s the “Ideal Flip?”Why Michael fully furnishes all his propertiesDealing with troublesome neighborsHow Michael is funding his flipsManaging a flip while working a full time jobThe List System that helps Michael know what comes next in a flipThe best place to buy appliancesand a lot moreLinks from the ShowBiggerPockets Radio Podcast 003: Getting Started in Real Estate and Raising Money with Brian BurkeDropbox.com8 Reasons Why Having A Day Job And Investing In Real Estate Is Awesome!Books Mentioned in the ShowThe Millionaire Real Estate Investor by Gary KellerThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberTweetable TopicsThe nice thing about BiggerPockets is the ability to share what we know. (Tweet This!)If you’re going to go big you’re going to have to fail somewhere. (Tweet This!)You can talk yourself into any deal. It doesn’t make it right. (Tweet This!)The only way to invest in real estate while holding a job is to have systems. (Tweet This!)Connect with MichaelMichael’s BiggerPockets Profile

The concept of wholesaling still confuses a lot of people – and learning how to do it correctly to make great income confuses even more.Luckily, today on the BiggerPockets Podcast we are going to sit down with a wholesaler who is crushing it with his amazing wholesaling business. Mike Nelson is going to take us inside his business and show us how he is generating huge profits through systems that you can start to implement in your own business today. From marketing to outsourcing to partners and more – this podcast will take you from wholesaling newbie to pro in just an hour.Don’t miss this show!Read the transcript for episode 42 with Mike Nelson here.In This Show, We CoverHow Mike lost 2k on the first dealPartnering with others while wholesalingVirtual wholesalingMike’s exact process for wholesaling a dealPostcards vs. Yellow LettersThe one direct mail tip that blew Josh and Brandon away!Tips and tools for finding missing homeownersHow to hire a Virtual Assistant to help you in your businessLinks from the ShowAccurint by Alexis NexusBP Podcast 018 : Flipping, Marketing, and Wholesaling with Danny JohnsonBP Podcast 038: Unique Strategies for Buying Real Estate with Travis DaggettODesk.comBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberThe Lean Startup by Eric RiesTweetable TopicsThe secret to success in business is fixing other people’s headaches. (Tweet This!)If you don’t have a business card – you are inconveniencing the other person to write down your number. (Tweet This!)Connect with Mike NelsonMike’s Blog WholesalingHouses101.comMike’s BiggerPockets Profile

Not all real estate investors need to work 80 hours a week to put food on the table and build their wealth. On today’s episode of the BiggerPockets Podcast we are excited to introduce you to Aaron Mazzrillo, a real estate investor from the Southern California area who makes a great full time living with just 4 to 5 hours of work per day. Aaron’s smart strategies for wholesaling, buy and hold, and flipping are fascinating and will give you an entirely new perspective on building wealth through real estate – while enjoying every moment of it.Read the transcript for episode 37 with Aaron Mazzrillo hereIn This Show, We CoverHow Aaron was able to quit his job through real estateInvesting in expensive areasFinding properties through wholesalersNegotiating with sellers and cash buyersAaron’s exact direct mail strategyWhy wholesaling isn’t the best strategy for starting outAdvanced methods for structuring no-money down dealsHow to really determine expenses on a rentalDealing with tenants without losing your mindStarting a real estate mastermind groupLinks From the ShowThe New iOS7 BiggerPockets AppBiggerPockets Pro BiggerPockets Book on Estimating Rehab CostsBiggerPockets Book on Flipping HousesFiverr.com – Get any task done for $5Tenant Screening: The Ultimate GuideVFlyer.comBooks Mentioned in the ShowThink and Grow Rich by Napoleon HillGetting Everything You Can Out of All You’ve Got by Jay AbrahamTweetable TopicsSurround yourself with the kind of people you want to become (Tweet This!)When negotiating, focus on explaining the outcome for the seller (Tweet This!)If you can’t afford to keep it vacant – you can’t afford to keep it (Tweet This!)I don’t consider myself a real estate investor…I consider myself a marketer who invests in real estate. (Tweet This!)Connect with AaronAaron’s BiggerPockets Profile

On today’s Podcast, we sit down with blogger, investor, BiggerPockets contributor, and perhaps “the most interesting woman in the world”- Paula Pant. Paula has a unique perspective on personal finance that is helping her build a strong buy-and-hold portfolio while maintaining freedom and mobility that most only dream of. This interview is sure to fascinate, entertain, and give some great real estate investing advice that you can use in your own life.Read the transcript to episode 35 with Paula Pant here.In This Show, We CoverHow traveling the world for two years led Paula to real estateTips for managing tenants while on vacationHow to avoid “creative accounting“Paying yourself when managing your own propertiesPaula’s definition of “financial freedom“Why pinching pennies might actually hurt youWhat “Lifestyle Design” is – and how to do itHow to quit your job and start living a life you wantTips for saving for that first rentalBenefits of blogging about your investingLinks From the ShowPaula’s interview on NPRPaula’s article: You Know What Really Sucks? CubiclesHow I Accidentally Bought Two of Kurt Cobain’s Former Homes and Why That’s Not Even The Best Part. (Brandon’s 1st Small Multifamily Property Story)How to Buy a Small MultiFamily Property: A Step by Step Case StudyThe Ultimate Guide to Tenant ScreeningTravel HackingBooks from the Site:The Four Hour Workweek by Timothy FerrissRich Dad Poor Dad by Robert KiyosakiFrom 0 to 130 Properties in 3.5 Years by Steve McKightTweetable TopicsTheres a difference between active income and passive income. Know that difference. (Tweet This!)If I can make, in passive income, as much as the average us household earns – that’s financial freedom. (Tweet This!)Life is too precious to spend it doing something you hate. (Tweet This!)Blogging helps you clarify what you should be doing as a real estate investor. (Tweet This!)Connect with PaulaPaula’s Blog: AffordAnything.comPaula’s BiggerPockets Profile

Many investors find themselves trapped by a heated market – but today’s guest shows that it is fully possible to invest in real estate – even in a hot real estate market.Anson Young, who lives in the Denver area, joins us today to chat about finding great deals locally and virtually, as well as tips for working with agents, dealing with assignments, and a whole lot more. Anson is a fun guy who has a ton of awesome tips to share with everyone, so don’t miss today’s show!Read the transcript to episode 34 with Anson Young here.In This Show, We CoverThe “crap jobs” that led to Anson’s real estate investing careerHow Anson partnered on his first deal without doing any laborFinding great deals on the MLSHow Anson finds the best neighborhoods to invest inHow to wholesale virtuallyWhat to do if you don’t have direct MLS accessUsing the “Short Sale Time Machine” to build equityHow to get around the “non assignment” clause when wholesaling bank reposMistakes made by Anson when getting startedAnd much more…Links from the ShowThe Real Estate Agent’s Ultimate Guide to Working with Investors The Book on Flipping Houses The Book on Estimating Rehab CostsThe BiggerPockets ForumsThe 21 Best Real Estate Books EverThe BiggerPockets REI Resource CenterBooks Mentioned in the Show:Rich Dad Poor Dad by Robert KiyosakiMillionaire Real Estate Investor by Gary KellerThe Four Hour Workweek by Timothy FerrissCrush It by Gary VaynerchukTweetable TopicsWorking crappy jobs can be a good way to get started with real estate investing (Tweet This!)Plan with the end in mind. (Tweet This!)You are either consistent or non-existent. (Tweet This!)Connect with AnsonAnson’s BiggerPockets Profile

On today’s episode of the BiggerPockets Podcast, we talk with active house flipper and real estate investor Michael LaCava about flipping houses in today’s rapidly changing real estate market. Mike has been flipping houses since 2006, so he’s seen both the crash and the emergence of the market, and has a ton of great insight into building a scalable flipping business, analyzing deals quickly and efficiently, and (as a new feature on the Podcast) Mike dives into a “Fire Round” where he answers some of the most interesting questions asked by BiggerPockets members in the Forums.Read the transcript to episode 24 with Michael LaCava hereIn This Show, We CoverFinding and Working with Partners in your InvestingLosing money on the first dealMike’s view on the Hedge Fund problemExit strategies … “What happens IF…”The $2.5 million dollar deal that fell apartWhen to use the 70% Rule and when NOT to use itFinding accurate comparable sales (Comps)The best way to estimate repairsHiring your very own acquisition managerTips for wholesalersThe power of blogging for your businessThe flipping “Fire-Round”Flipping a “Murder House?”Finding deals in a competitive marketLinks from the ShowBiggerPockets Deal Analysis ForumBooks Mentioned in the ShowThink and Grow Rich by Napoleon HillTweetable Topics:“When flipping a house, you make your money on the front end. It’s understanding the numbers before getting into it.” (Tweet This!)“Relying on the experts and building your team is crucial to being successful.” (Tweet This!)“You need to create a plan, you need to write it down, you need to start taking action.” (Tweet This!)“Success isn’t about how much money you make – it’s about enjoying life along the way.” (Tweet This!)“Goals with no actions are just dreams.” (Tweet This!)Connect with MichaelMichael’s Website HouseFlippingSchool.comMichael’s BiggerPockets Profile

On today’s episode of the BiggerPockets Podcast, we are joined by Arizona real estate investor Tracy Royce to discuss all things related to short sales, getting started, and the best ways to run your real estate investing business.This show has a ton of tips for finding the best way to help sellers who are underwater on their mortgages and still make you a profit as a real estate investor, as well as great strategies for using virtual assistants to lighten your work load and other tips for those who are just getting started.Read the transcript for episode 19 with Tracy Royce hereIn This Show, We Cover:How to get paid to learn about real estateHow to parlay your talents into a job with a real estate investor;How to “shift” with a changing market and recognize future trendsHow to use virtual assistants in your real estate businessGoals: Good, bad, and uglyGetting started with no money by using technology and social mediaWhat a short sale is and the short sale processHow to find a great short sale agentTips for getting your short sale offers acceptedBooks Mentioned in the ShowThe Four Hour Workweek by Tim FerrissShift by Gary KellerAtlas Shrugged by Ayn RandThink and Grow Rich by Napoleon HillE-Myth Revisited by Michael GerberWinning by Jack WelchLinks from the BlogOdesk.comeLance.comTweetable Topics“When investing in real estate – you have to start out in the mail room.” (Tweet This!)“Don’t expect to get rich tomorrow. You gotta put the work in, you gotta hustle.” (Tweet This!)“If you want an easy job, Sell kittens at a pet shop. Real estate investing isn’t easy.”(Tweet This!)“If you put more fishing lurers out there, you are more likely to catch things.”(Tweet This!)Connect with TracyTracy’s Website www.RoyceofRealEstate.comTracy’s BiggerPockets Profile

Hard Money Lending is a fundamental tool for many real estate investors, but is often misunderstood and difficult to find. So today on the BiggerPockets Podcast, we sit down with hard money lender Ann Bellamy to discuss how to find and successfully use hard money to build and grow your real estate investing business. This show has an immense amount of solid, actionable content that you can use immediately, so definitely take the time to listen!Before we get to the show, thank you again to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! We’re up to 129 5-Star Reviews so far! Every subscription in iTunes and every review helps us reach more people – so thank you!In Today’s Hard Money Podcast, We Cover:What hard money is, when to use it, and when NOT to use it.Why Rehab properties in rural areas is a bad idea…Exit strategies and the new Real Estate Mini Bubble.Typical hard money rates and fees – and how you can lower them.Ann’s (and Brandon’s) first mistakes with Hard Money.The best place to find Hard Money Lenders (hint: try here)How to get your hard money loan proposals accepted every time.Which comes first: finding the hard money lender or the deal?Starting a local ethical real estate club to build your brand.How to become a Hard Money Lender.And much, much more!Links From the Hard Money Show:The Ultimate Beginner’s Guide to Real Estate InvestingBiggerPockets Forum Keyword AlertsThe BiggerPockets Hard Money DirectoryAnn’s Company Website: BuyNowHardMoney.comAnn’s Real Estate Club: Black Diamond Real Estate InvestorsBooks Mentioned in the ShowReal Estate Investments and How to Make Them my Milt TanzerThe Four Hour Workweek by Tim FerrissTweetable Topics:“The first and most important exit strategy is having one.” (Tweet This!)“Hard money is not a mafia guy with a baseball bat – it’s a tool for growing your business.” (Tweet This!)“If hard money makes a deal unprofitable – you shouldn’t be doing the deal.” (Tweet This!)“Don’t misrepresent yourself. It’s okay to be new at something… just say so!” (Tweet This!)“In this day and age – you need to be able to communicate electronically.” (Tweet This!)“Both persistence and the ability to adapt are required for success.” (Tweet This)About AnnAnn Bellamy is a real estate investor and Hard Money Lender in Southern New Hampshire, and has been involved in the leadership of several real estate investing groups in Massachusetts and New Hampshire. She provides short term and construction funding, or hard money loans, to real estate investors in these states and networks extensively in MA and NH with investors of all types.Ann’s BiggerPockets Profile