BiggerPockets Real Estate Podcast

By BiggerPockets

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Subscribers: 2672
Reviews: 5

Aaron
 Jan 17, 2019
Great information on real estate investing. They get guests who have had success in real estate investing. interesting guests from a variety of backgrounds.


 Nov 23, 2018

A Podcast Republic user
 Sep 16, 2018

A Podcast Republic user
 Sep 2, 2018

Ruud van de Beeten
 Aug 5, 2018
great show with in depth information about all niches

Description

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers.

Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people.

Start listening and join the 1.3 million members who are learning to invest so they need bigger pockets! Visit biggerpockets.com, and follow Brandon Turner @BrandonAtBP on Twitter and @beardybrandon on Instagram, and David Greene @DavidGreene24.


Episode Date
359: Using an Agent to Find Your First (or Next) Deal With Ryan Meinzer, Stephanie & Hero Cruz, and Rob Kishi
01:14:26

You asked for it, and we answered! On today’s episode, Brandon and David interview three first-time home buyers, who all utilized the house hacking strategy in different ways!

Our first guest shares how he bought in the most expensive market in the country and lives for FREE by using several techniques anyone can replicate (while taking advantage of a massive value-add opportunity).

Our second guests share how they used house hacking to buy a BUSINESS that will generate over $20K in profit per month... while also eliminating the majority of their rehab costs and reducing risks and living expenses at the same time!

And our third guest shares how he took advantage of California’s recent ADU law revision to buy a property that will eliminate his living expenses while making him massive cash flow at the same time.

This episode covers FAQs—like how to use an agent to help you find a property, how to house hack in unique ways, and what to expect when buying your first property—and is guaranteed to get those wheels turning in your mind! Download this one, and share with a friend today!


In This Episode We Cover:

  • Ryan Meinzer
  • How he found the property
  • His unique angle on TIC (tenancy in common)
  • What he intended to do reduce his living expenses
  • How a sliding door turned out to be a blessing
  • What the requirements are to convert a TIC
  • Key lessons learned from this deal
  • Hero and Stephanie Cruz
  • The struggle of finding the right Realtor
  • Finding a property that needs less rehab
  • What is assisted living property
  • How much they earn from each room
  • Making more money to help more people
  • Rob Kishi
  • How Daivd and Rob were introduced during a meetup
  • Why he fell in love with idea of house hacking
  • What the property looks like
  • Investing with Mom
  • What ADU stands for
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show359

Dec 05, 2019
358: 6 Popular Strategies to Make You Money in TODAY’s Real Estate Market
01:24:30

Have you been looking for the right way to find deals in today’s tough market?

Today’s show might be just what you’ve been looking for! Join us as Brandon and David sit down and bring out the gold nuggets on what’s working for successful real estate investors in today’s hot market.

You’ll learn six strategies that will help you land deals and build wealth, as well as detailed insight into how to pull them off successfully. You’ll want to hear this advice about how to find deals, how to set up your business, and how to protect your capital that not everyone is talking about!

For the second half of the show, Brandon and David share five “accelerants” that will help increase the level of your success once you’ve found the strategies that work for you.

This show is the first of its kind, and we think you’re going to love it. You spoke, we heard, and this is the content the people want.

Download and share this gem today!


In This Episode We Cover:

  • Strategy #1: BRRRR
  • Strategy #2: House Hacking
  • Strategy #3: House Flipping
  • Strategy #4: Vacation Rentals
  • Strategy #5: Wholesaling
  • Strategy #6: Syndication
  • Accelerants and how to pour fuel on the fire
  • OPM (other people’s money)
  • Value-add
  • Forced equity
  • Increased cash flow through additional units
  • Leveraging others (core four)
  • Finding deals from your sphere of influence
  • Funnels
  • Partnerships
  • Personalities
  • Skill sets
  • Resources
  • And SO much more!


Links from the Show


Check the full show notes here: https://www.biggerpockets.com/show358

Nov 28, 2019
357: $6M Portfolio Before Age 30 by Finding "Problem" Properties with "Meet Kevin" Paffrath
01:16:22

YouTube sensation alert!

On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.

Kevin is young and doing great with real estate from several angles! He's built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same.

You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice!

This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike.


In This Episode We Cover:

  • Buying his first property while working at Jamba Juice
  • How he bought with PMI, then removed it later
  • Why he invests as an agent
  • Why he tracks his net worth
  • Common problems that prevent investors from building wealth
  • Buying the majority of his properties from the MLS
  • How he talks to other agents to get deals sent to him
  • Finding a deal while holding an open house
  • Why buying SFR to build equity then exchanging into multifamily is a great strategy
  • Avoiding paying taxes
  • Looking where others aren’t for deals
  • How he still buys homes that get multiple offers
  • Why he DOESN'T want cash flow right now
  • A walk through of his latest rental
  • Attracting quality tenants
  • The best kind of relationship with real estate agents
  • The problems he avoids in rehabs
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show357

Nov 21, 2019
356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah
01:15:26

Want to build massive wealth in a top-end rental market that’s also really expensive—all while minimizing your risk? Don’t we all!

Well, you’re in luck, because today’s guest has done just that—and in a surprisingly simple way that anyone can replicate. On today’s show, Brandon and David dig deep into the strategy used by Joe Asamoah, a Washington, D.C. investor, who owns more than 30 single family homes that are currently building him massive wealth!

You will be absolutely fascinated as you hear how Joe uses HUD housing vouchers to generate big returns in high-end areas while also reducing his risk to survive tough markets. Joe also shares some amazing tips for how he keeps tenants for 15 years at a time, including how he creates a huge demand for his homes, which kinds of properties he targets, and how he gets deals brought to him before anyone else.

Joe goes on to reveal some extremely effective tips regarding how to treat your tenants so well they never leave, how to convince lenders to work with you, and why he visits potential tenants in their current homes on short notice.

This show is chock full of extremely practical advice anyone can follow, not to mention useful tips for high-level real estate investing. This is an episode you will listen to several times and walk away extremely inspired.


In This Episode We Cover:

  • Why he targets 5-bedroom houses
  • Why the greatest HUD demand is for 4-, 5-, and 6-bedroom homes
  • HUD requirements for what qualifies as a bedroom
  • The advantages of investing in a capital city
  • Why he rehabs his properties to HGTV-grade quality
  • Why he visits potential tenants at their current homes
  • Why he sends his tenants flowers on Mother’s Day and presents for Christmas
  • Why he rewards his tenants' children for good grades and even offers vacations for tenants
  • How his model is designed to be recession-proof
  • Why he has a 20-page lease
  • Why he focuses more on reducing expenses than he does on increasing rents
  • Why he hired an assistant to manage his properties instead of using a traditional property manager
  • And SO much more!


Links from the Show


Nov 14, 2019
355: From Small-time Landlord to 1000+ Units Under Contract with Ryan "The Mercenary" Murdock
01:14:40

From Bangor, Maine to Maui... by providing massive value!

If you’re looking for a mentor, partner, or lender, this episode is for you. You’ll learn how Ryan Murdock went from small-time landlord/property manager to major player in Brandon’s growing mobile home park empire; how he’s the perfect complement to Brandon’s DISC profile; and how they find, underwrite, and finance multi-million dollar deals.

Ryan is a modest, down-to-earth guy with a keen awareness of his own strengths and weaknesses, and this episode will show you how you can develop that quality to find the right partner and level up your business (and life!).

Don’t miss this one, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss out next week!


In This Episode We Cover:

  • How Brandon and Ryan met
  • What Ryan did that caused Brandon to pump his brakes and start paying attention
  • How they slowly formed what became one of the most dynamic duos in real estate
  • The attitude Ryan embraces that makes him so valuable
  • How he earned an equity stake in a huge company
  • How they’ve hired additional members to help grow the business
  • Learn how to create the “vivid vision” Brandon came up with
  • How they joined forces to create “rocket fuel” and scale their syndication model
  • And SO much more!


Links from the Show


Listen on BiggerPockets: https://www.biggerpockets.com/show355

Nov 07, 2019
354: From Rookie Mistakes to Syndicating BIG Deals with Nichole Stohler
01:09:16

From single family to multifamily to hotels!

On today’s show, Nichole Stohler sits down with Brandon and David and discusses her journey from purchasing a single family home to syndicating hotels! Nichole has a fascinating story that started with losing the first house she bought, grew into recommitting herself to learning the asset class of real estate, and ended with massive success through big deal syndications.

You’ll love the advice she shares about managing managers, scaling the right way, and dealing with tenants according to three irrefutable laws. She goes on to discuss keeping properties clean, choosing the right partners, and analyzing economic factors when choosing a hotel or apartment complex.

Nichole reveals tons of great tips when it comes to building wealth through various asset classes of real estate. This show has something for everyone!


In This Episode We Cover:

  • Her 3 irrefutable rules for dealing with tenants
  • How she scaled from SFH to multifamily and hotels
  • How she manages her managers
  • What she learned from her first deal that lost her money
  • Why she committed to really learning the asset class of real estate
  • Why having clean apartments is so important to tenant relations
  • Why so many investors make the mistake of not focusing on asset management
  • Why she turned to hotels when she couldn’t find anything in the multifamily space
  • How the 1031 exchange impacted her capital gains and depreciation recapture
  • Which economic drivers she looks for when choosing a property to buy
  • What she’s learned about operating syndications in the hotel space
  • And SO much more!


Links from the Show


Check the full show notes on BiggerPockets: http://biggerpockets.com/show354

Oct 31, 2019
353: Turning $5k into $5k/Month and Retiring at 40 with Tim Rhode
01:10:16

“Trading up” to successfully retire financially free at 40!

On today’s show, Brandon and David interview retired real estate broker Tim Rhode, who explains how he was able to buy great deals and 1031 exchange them into financial freedom!

Tim shares some fantastic advice on playing great financial defense to achieve an early retirement, crushing it in real estate sales, and locking up deals during his first conversation with sellers.

Tim also shares how knowing his market led to him making hundreds of thousands buying land in the path of progress, how to build a “fulfillment triangle," and how he recognized the market turning in 2006 and cashed out before losing money.

Tim has a huge heart, is committed to helping others get out of the rat race, and shares some incredible advice on how to do so. Make sure you listen for his description of the several levels of financial freedom and his belief that those who make it to the top of the mountain should throw down the rope for the rest still climbing. Download this one today!


In This Episode We Cover:

  • Levels of risk tolerance
  • Delegating things you're not good at
  • How he got into real estate sales
  • Playing great "defense"
  • Not caring about what others think
  • How he invested everything left over that he didn’t spend
  • How he bought his first property—a triple wide mobile home—for 50 cents on the dollar
  • Using his influence as a broker to get great deals before they hit the market
  • How he bought land in the path of progress
  • How he exchanged several good deals by “trading up” into a triple net lease commercial property out of state
  • His philosophy on timing markets
  • His “fulfillment triangle”
  • The power of the 1031 exchange
  • Which houses he flipped and which he kept
  • How he retired at 40 years old
  • The multiple levels of financial freedom
  • The financial freedom principles he teaches in his non-profit
  • Where he believes we are in the current market cycle
  • And SO much more!


Links from the Show


Check the full show notes on BiggerPockets: http://biggerpockets.com/show353


Oct 24, 2019
352: Bonus Audiobook Excerpt: The House Hacking Strategy
00:19:03

Prefer to listen, rather than read?

Here's a sample of the audio format of "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom," by BiggerPockets' own Craig Curelop.

In it, you'll hear:

  • An overview of the "unfair advantages" house hacking offers
  • A breakdown of varying house hacking techniques
  • A real-life case study illustrating the above

You can find the full audiobook here bit.ly/househackaudible.

And don't forget, Audible is running a special deal for BiggerPockets Real Estate Podcast listeners!

If you're not yet a member, go to http://www.audibletrial.com/biggerpockets to get a free Audible book and a free 1-month subscription.

Oct 19, 2019
352: No Driver’s License, No Money, No Excuses: How Diego Corzo Blazed a Trail to 18 Doors
01:16:47

Eighteen doors by 29 years old by never taking no for an answer! We realize there are a lot of inspirational investors out there, but on today’s show, you’re going to be blown away by one of the best.

Brandon and David sit down with Diego Corzo, a “DREAMer” who moved to the United States with his family at a young age. Fast forward a few years, and Diego jumped headfirst into real estate investing, using house hacking strategies that will work for anyone.

You will be blown away by Diego’s story of how he rode a bike (with his suit in a backpack to avoid getting it sweaty) when he couldn’t get a driver’s license, how he got on the fast track to becoming a millionaire, and how he overcame a speech impediment, going on to give a TED talk!

You will love his fantastic advice on what to look for in a house hack property, which areas to look when investing, and how to target the perfect tenant market. You’ll also appreciate his thoughts on avoiding drama between roommates, vetting turnkey companies, and structuring partnerships. Diego goes on to share some solid info about why he prefers “B” neighborhoods over “C” and why doing your own math is so important when analyzing deals.

This guest is truly an incredible person with an incredible story—not to mention some pretty fantastic investing advice.

Don’t miss out! Download this episode today, and make sure you're subscribed to the BiggerPockets Real Estate Podcast so you won't miss the next one!


In This Episode We Cover:

  • How Diego owned 18 doors by 29
  • How he overcame not having a driver's license
  • What adversity can teach you
  • How he got on the fast track to becoming a millionaire
  • How he overcame his stutter to go on to do a TED talk
  • How he invests out of state
  • What he looks for in a home to house hack
  • How he bought his first property
  • How he bought a property with his father
  • Why he prefers “B”-class properties over “C”-class properties
  • How he vets turnkey companies
  • Why doing your own math is so important
  • What he looks for in someone he can trust
  • What he recommends in terms of choosing an area
  • His advice for structuring partnerships
  • How he recommends avoiding drama with roommates in a home
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show352

Oct 17, 2019
351: LIVE from BPCon2019: Ask Us Anything!
01:18:16

All the BiggerPockets podcast hosts on stage in one place! 

This bonus episode was recorded at the BiggerPockets Conference 2019 on October 7th in front of a live audience of more than 1,000 people at the Gaylord Opryland Resort in Nashville, Tenn.

We turned the mics over to our members, who fired a bunch of great questions at Scott Trench and Mindy Jensen, Brandon Turner and David Greene, Joshua Dorkin, and J and Carol Scott.

Our panelists covered some nitty gritty real estate topics, like tackling vacancy and how to invest IRA funds, as well as big-picture concepts like motivation, marketing, and teaching family members the importance of investing at an early age.

Also, everyone reveals which animal they would be if they had to choose, and a member of the audience challenges David Greene to produce an analogy on the spot. Listen to find out whether he performed under pressure! 

Our first conference in seven years was a big success, and we’re so thankful to everyone who came out to learn, network, and have a great time.

Download this bonus episode, and be sure to subscribe to all three shows BiggerPockets Real Estate Podcast, BiggerPockets Money Podcast, and BiggerPockets Business Podcast so you won't miss an episode.

Oct 13, 2019
351: Unlocking Greater Focus, Creativity, and Happiness Through “Stillness” with Ryan Holiday
01:13:20

Stop whatever you are doing and download this episode right now!

Today’s show is highly likely to change your life in ways you may not have even realized it needed changing! Brandon and David sit down for an amazing interview with Ryan Holiday, keynote speaker and bestselling author of Ego Is the Enemy, The Obstacle Is the Way, and Stillness Is the Key.

And Ryan does not disappoint! You will be blown away with his advice regarding how we talk ourselves into buying deals we know we shouldn’t, how he conducts cost/benefit analysis on different opportunities that come his way, and how he’s learned to avoid “success” when it will cost him more than it’s worth.

Ryan also shares some mind-blowing knowledge about why we make bad decisions; why working harder isn’t always better; and how to identify virtues or skills you are lacking in a given situation, so you can figure out the path to the result you want. In addition, he shares how he models himself after the best and brightest minds he knows, how he believes in the power of journaling, and how important it is to put your strongest energy into the pursuits that will yield the highest ROI.

This show is simply an incredible breakdown on human performance, goal setting/reaching, and using real estate to accomplish what really matters in life.

Download this one today and buckle your seat belt!


In This Episode We Cover:

  • How to let your individual trials help you grow by how you respond
  • How to recognize why you made bad decisions
  • How to avoid worse decisions
  • Why he invests in short-term rentals
  • What he means by “stillness is the key
  • How to become something better
  • Why “working harder” isn’t always the best answer
  • How success can actually become a trap for us
  • How our best ideas can come from time away to think
  • How to model ourselves after the best, brightest, and most successful minds
  • Why he believes so much about the power of journaling
  • How to create routines that free your mind to reach new heights
  • How to put your energy into efforts that lead to a better ROI on your time
  • And SO much more!


Links from the Show


Listen on BiggerPockets: http://biggerpockets.com/show351


Oct 10, 2019
350: How to House Hack Your Way to Financial Freedom in 3 Years with Craig Curelop
01:10:31

Ever wanted to break into real estate but just weren’t sure how to take that first step? You're not alone!

Almost all investors struggled with their first deal. But today’s guest may be just what you needed to get your foot in the door! On today’s show, Brandon and David dive deep into the mind of Craig Curelop, the author of BiggerPockets Publishing's new book The House Hacking Strategy.

Craig shares some incredible advice on how he eliminated his living expenses and earned as much as one could from a full-time job through house hacking—all by age 26! Craig breaks down just how simply you can get your first property with less than 5 percent down and turn it into a wealth-building machine that will help you achieve a “return on your potential” you may not have realized you’re currently lacking.

You’ll learn what to look for in a house hack, how to find the “path of progress” to start your search, and which straightforward criteria we can all use when searching for deals. You’ll also hear how to make “hedonic adaptation” work for you, how to exchange comfortability for profitability, and how to decide which property would work best for your specific situation.

We ALL want to own more real estate, and we all need somewhere to live. On today’s show, you’ll learn how to combine those two needs to build wealth and save money at the same time.

Download this one today!

In This Episode We Cover:

  • Why he left Silicon Valley to build wealth through real estate
  • How he bought his first house hack 
  • Why house hacking is so effective for establishing financial freedom
  • His scale of comfortability vs. profitability
  • Who should house hack
  • Why expensive markets are the best places to build wealth through real estate
  • The importance of solid metrics in a potential house hack
  • How he gets in front of the “path of progress” to maximize returns
  • How to take advantage of low down payment options to snag properties that earn income
  • How house hacking allows you to find the “return on your potential
  • How to make “hedonic adaptation” work for you, not against you
  • And SO much more!


Links from the Show


You can listen on BiggerPockets here: http://biggerpockets.com/show350

Oct 03, 2019
349: Multifamily Flipping and Due Diligence Tips to Save Thousands with Nathan Tabor
01:36:15

Apartment flipping from one of the best in the biz!

On today’s show, Brandon and David sit down with Nathan Tabor, a well-known multifamily investor who has done 26 multifamily flips in less than 10 years! You will love this informational and oftentimes hilarious episode, where Nathan shares some fantastic advice on how to flip apartments for big returns, what to look for in a deal, and which five incredible pieces of due diligence every investor needs to know.

You’ll also love his straightforward direction regarding questions to ask the county zoning department, great advice for raising money, and some mind-blowing insight into who actually owns fire hydrants!

This show is a very fun listen with tons of talk about dealing with rejection, finding the niche that’s perfect for you, and applying information you already know. Nathan's story is sure to change your mindset and confidence when it comes to taking action in your life. Make sure you listen today!


In This Episode We Cover:

  • How title insurance works
  • How to check with the zoning department to make sure you don’t get burned
  • How to file a claim for title insurance
  • His fantastic advice for due diligence checklists
  • His advice for finding your niche
  • The benefits of niching down
  • How to find your passion and inner focus
  • How to handle the fear of rejection
  • The key to applying information you have in your life already
  • How to flip an apartment or apartment complex
  • Advice for raising money
  • How to understand what a cap rate is
  • Why multifamily may be less risky than single family
  • And SO much more!


Links from the Show


Sep 26, 2019
348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr
01:23:27

Today’s guest is proof rental property investing can be fun, rewarding, and—with the right systems in place—totally doable… even with a job and a family.

Ashley Kehr sits down with Brandon and David and shares some great advice for building a rental property portfolio without much hassle or headache! Ashley manages all her own rentals and discusses the top three apps she uses to do it with ease. She also shares how she structures her partnerships, how she pitches her deals, and how she’s finding deals in today’s hot market.

Ashley gives great advice for what most newbies get wrong about investing, which apps she uses to find off-market property owner info, and how she uses her children to help her find potential deals! Plus, you won’t want to miss how Ashley helped her sister buy a duplex (and spend just $45 a month to live there), as well as how she bought a property no one else wanted, pulled $6,000 more out of it than she put in, and created a cash flow of almost $1,000 a month!

Today’s show is fun, entertaining, and full of great advice for investors of all levels. Download this one today!


In This Episode We Cover:

  • 3 apps Ashley uses to remove herself from the business
  • How she uses technology to systemize her rural business
  • How she structured her first partnerships (with ease!)
  • Where she's finding deals
  • How she used her current job and boss to get into investing
  • What newbies get wrong about the reality of investing
  • How she uses apps to find off-market deals
  • Using her children to find deals while driving in the car (a fun family game!)
  • How she helped her sister buy a duplex at 20 years old
  • How she bought a property for each of her kids
  • How she set it up to be paid off and refi-ed by college
  • How she uses a commercial line of credit to borrow money to buy new properties
  • How she finds properties on the MLS
  • Why she always tells everyone she buys rental properties
  • What her favorite parts of the business are
  • How she bought a property no one else wanted for $35K, pulled out $6K more than she put in, and cash flows almost $1K/month
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show348

Sep 19, 2019
347: Using Multifamily Syndication to Reach 5,000 Units with Mark and Tamiel Kenney
01:27:58

On today’s show, a married couple who scaled to 5,000 units together!

Brandon and David interview Mark and Tamiel Kenney, a husband and wife team who buy large apartment complexes through the power of syndication. This mighty couple shares some great insight into how to find the right partner, how to set expectations with your agent (or team member) in the beginning, and how coming up with strict criteria helped them overcome their fear of getting started.

You’ll love their advice on what they learned in the first 12 months to help them land their first deal, how they split profits with investors, and which are the most important fundamentals for any multifamily investor to learn. You DO NOT want to miss their advice on following up after meeting with brokers or investors. Plus, they reveal the most common trait successful syndicators share.

Mark and Tamiel go on to share how they’ve struggled with—and overcome—the difficulties of balancing a demanding business while still carving out valuable family time.

Don’t miss this episode, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss the next!

In This Episode We Cover:

- What to look for in partners

- How to have conversations with brokers and managers to set expectations

- What they learned in their first year that allowed them to land their first big deal

- The importance of strict criteria

- Mistakes they made that prevented them from being successful

- How they find deals their investors will want to invest in

- How to provide clarity to help investors feel comfortable moving forward

- How to use social media to build your database of partners, investors, and brokers

- Advice for standing out from other buyers when interacting with brokers

- How they split up the various tasks of their business

- How a typical syndication split looks in their deals

- What success looks like in their family and business

- Why learning the fundamentals is more important than complicating your business

- And SO much more!


Links from the Show:

BiggerPockets Forums

BiggerPockets Webinar

Monkeypod Kitchen

Pacific North West Real Estate Wealth Expo

BiggerPockets Podcast 189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl Yarber

Zillow

Linkedin

Brandon's Instagram

Josh's Instagram


Click here to listen on Biggerpockets: https://www.biggerpockets.com/show347

Sep 12, 2019
346: 34 Units & Six-Figure Wholesale Fees (at 20 Years Old!) with Josiah Pott
01:19:31

Attention: this is a must-listen show! Whatever you’re doing, stop and download today’s episode!

Brandon and David sit down with Josiah Pott, a real estate investor/wholesaler who is doing six-figure deals at 20 years old, using nothing but old fashioned cold calling. Josiah shares just how he puts houses under contract and wholesales them for big profits—then converts that money into cash-flowing rental property.

You will love hearing how he found his first mentor (and got paid $20K to do so), why he dropped out of college to invest in real estate, and what his five tools are for finding off-market property owner info. You’ll also love hearing how the power of compound interest changed his life, how he uses a calendar to manage his lead follow-up, and how he handles questions regarding his young age.

Josiah has done several deals where he’s made well over six figures and will tell you exactly how he did so.

Don’t miss out on this game-changing info. Download this show today!


In This Episode We Cover:

  • His five tools for finding off-market property owner info
  • How he wholesales and turns that into rentals
  • Why he won’t miss out on seller financing in the future
  • Why he wants things to be “hard”
  • How he found a mentor (and got paid $20K by them)
  • Why he dropped out of college to invest in real estate
  • How the power of compound interest changed his life, mindset, and approach to building wealth
  • How he’s accumulated a very impressive portfolio at 20 years old
  • Why he uses cold calling to build wealth
  • How he made $127K on one deal
  • How he made $355K on a deal with his partner
  • How he organizes his business so he doesn’t lose deals
  • Why he keeps a personal touch in his business
  • How he handles questions about his young age
  • How he and his wife work together on their business
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show346

Sep 05, 2019
345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!)
01:13:19

Today, Brandon Turner’s on the other side of the microphone.

J and Carol Scott, co-hosts of the BiggerPockets Business Podcast, recently interviewed him… and the result was so epic we wanted to share it here, too!

In this episode, Brandon reveals why he chose mobile home park investing (hint: NOT necessarily because it’s the “best” investment) and describes the method his team used to get hundreds of pads under contract in just a few months. (It's an approach YOU can apply using the new BiggerPockets Intention Journal.)

But this show is about much more than real estate. It’s about avoiding that all-too-common pitfall where you set an ambitious goal only to see it buried under an avalanche of more urgent (but less important) responsibilities.

Brandon shares the tools he’s used to break that cycle and how he’s applied them to other challenges—like moving to Hawaii, improving his personal health, and spending more meaningful time with his family.

You’ll hear how Brandon’s first business venture failed, how he got into real estate investing for cash flow, and how he discovered a way to bring BIG value to BiggerPockets as Employee #2, despite not owning a computer the year before! Oh, and you’ll learn the meaning of “M.I.N.S.” and the role they play in moving your business forward (ESPECIALLY when the going gets tough). 

Brandon also shares why writing out a “vivid vision” of your future might be the best thing you can do to move yourself closer to your ideal life; why he asks, “What would be awesome?” and then works backwards; and why he and his wife organize a goal-setting retreat together on the same day every year.

This is an amazing episode that lays out a battle plan for getting WAY more done while setting aside quality time for friends, family, and fun. 

Download this one, and subscribe using your favorite podcast app so you won’t miss any future shows!


In This Episode We Cover:

  • Brandon's mobile oil change business plan (that he didn't execute on)
  • How he flipped a house and spent all the money
  • Brandon's very first house hack
  • How he “got into the business of collecting units” and quit his job
  • How a cold email led to him working for BiggerPockets
  • The strategy he used to write 50 blog posts in a year for BiggerPockets
  • Brandon's thoughts on the path to 100 units 
  • Why you should ask yourself, “What would be awesome?”
  • How to ask, “What if it was easy?” and work backwards toward your goal
  • How to balance family life and health with business 
  • Why he chose mobile home park investing (hint: not because it’s the “best” asset)
  • How to "have it all" (as long as you’re focused and tracking everything)
  • Tips for setting goals as a couple
  • How to identify the “Most Important Next Step” (M.I.N.S.) and then time block it 
  • The 90 Days of Intention Journal
  • The importance of writing down goals every day
  • And SO much more!


Links from the Show


Aug 29, 2019
344: “No Money” Real Estate Investing with Gabriel Hamel
01:12:34

Over 25 seller financed deals in a few short years! Today’s guest, former service member (and diamond pushup world record holder) Gabriel Hamel, sits down with Brandon and David to share how he built a portfolio of over 140 units (in an expensive market) using creative methods and seller financing to make deals where other investors miss them!

Gabriel shares how he started investing in a tough market and used sub-prime lending (successfully) to house hack his first few properties. He gives some awesome advice on approaching sellers with seller financing proposals, structuring the offers, and showing them how it’s a win-win. He also gives great advice on finding gentrifying markets, walking away from closings with money in his pocket, and applying a mindset to real estate investing that helps him succeed in all aspects of life! Gabriel has very practical, down-to-earth, useful advice and shares it willingly.

This is an episode for both newbies and experienced investors to download today!

Listen to the full episode here: http://biggerpockets.com/show344

In This Episode We Cover:

  • Started with sub-prime lending and it worked out
  • House hacked his first and second home
  • Owns 140 units now
  • How he got started buying properties in a scary market from 2009-2012
  • Why he began with seller financing
  • How he found his first off-market deals
  • Seller financing wizardry
  • What he looks for in improving neighborhoods
  • How he’s been able to walk away with cash at closing—better than no money
  • Why he focuses more on terms than just price
  • His advice for having a success mindset in ALL areas of life
  • What he looks for in a deal
  • How he scaled to over 100 units
  • And SO much more!


Links from the Show


Aug 22, 2019
343: Using Checklists and Systems to Get More Done in Less Time with Pilot/Investor Steve Rozenberg
01:17:50

Want to build a cash flowing portfolio while working a full time job?

Today’s guest did just that! Steve Rosenberg shares his incredible story of how he built a huge property management company (along with several cash flowing rental properties) while working as an airline pilot and travelling the country! Steve has a genuine, straight forward style and shares what he did wrong buying real estate, where he learned what his strengths are, and how he and his partner resurrected a dying business. Steve also shares how he learned why systems are so important, how he learned to build them, and which systems he uses in his own business to save time, make money, and scale! Steve shares some of the most painful lessons he learned through failure so you don’t have to learn them yourself.

This is an episode you definitely want to download today!

Aug 15, 2019
342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson
01:10:06

From buying duplexes to a self-storage empire! Today’s guest Kris Benson sits down with Brandon and David to talk about his remarkable journey across all kinds of different real estate asset classes.

Kris began with a successful sales career and explains why he transitioned into owning real estate instead. You’ll love Kris’s story about how he built a 64-unit apartment complex (in a cornfield), how he found partners to bring the project to life, and how it all started with one phone call! He also shares why he now invests in self-storage, how he evaluates properties, and why he believes this asset is recession-proof!

Kris provides great advice for raising money and finding your niche, and explains his theory that “deals create deals” as he walks through his journey. This is a fantastic show full of great content.

Download today!

In This Episode We Cover:

  • Why he transitioned out of a successful sales career
  • How he got started with a duplex and built up to a large commercial real estate portfolio
  • How he acquired 20 small multifamily units—and hated it
  • How he built a 64-unit apartment complex from the ground up
  • How he got involved in a condo syndication project
  • How he began finding the right partners to build multifamily projects with
  • His theory on “deals create deals”
  • Why he now invests in self-storage
  • Where to find data on self-storage and REIT’s
  • Why he believes self-storage is recession-proof
  • How the best opportunities in his life have come from cold calls to property owners or friends
  • How he learned his skillset and why he sticks to it
  • His advice for raising money from others
  • And SO much more!


Links from the Show:


Aug 08, 2019
341: Getting Started with No Cash to 30+ Deals Per Year and “Free Houses” with Jared Holland
01:33:31

Real estate flipper, broker, contractor, and more!

Today’s guest, Jared Holland, is doing 30 deals a year and profiting from all different phases of a flip-and he shares exactly how he does it! Today’s show gets into the nitty gritty of Jared’s business and how he grow from one wholesale deal to running an entire business in a short period of time. You’ll love Jared’s advise on using a multitude of methods to find deals, how he handled the transition of going from employee in his business to manager of his business, and how he got his first deal from a hedge fund! You’ll also find some fantastic advice about finding the right mindset in an employee/partner, how to find deals if you have no money, and why you should NEVER assume the person you’re talking to doesn’t want to work with you. Jared gives some great advice on why taking big action matters, as well as how to decide which actions you should start with.

If you’re looking to level up your investing, or take your business from successful to great, download this one today!

Aug 01, 2019
340: How a Mom with a Full-Time Job Bought 10 Houses Her First Year with Whitney Hutten
01:21:16

Would you be interested in taking your retirement account and turning it into 22 cash flowing rental properties? What about doing it with someone else’s capital? Today’s guest did just that!

Whitney Hutten shares her incredible story of how she built a rental property empire off of a 401k account by leveraging the power of a team! You’ll love how she made 50k on one of her first deals (without paying a dime of the mortgage herself) and how she used Brandon Turners method known as “the stack” to keep building! She also shares how she got her start in turnkey houses and moved along a spectrum to get to fixer-upper BRRRR’s, how she bought 10 houses her first year, and why she invests out of state. Whitney goes DEEP sharing which parts of town she invests in, why she invests near hospitals, and how she netted a 30% ROI on a BRRRR gone wrong!

You do not want to miss this inspirational story of how an “average Jane” accomplished extraordinary results through real estate-including how she fixed a bus falling on one of her houses and survived a racoon infestation on another!

This show is hilarious, insightful, and content packed. Download today!


Jul 25, 2019
339: 60,000 Tenants?! How Frank Rolfe Built a Mobile Home Empire
01:33:41
Over 20 years' experience in mobile home park mastery! On today’s show, Brandon and David interview Frank Rolfe, an experienced mobile home park investor with TONS of great advice to share—and share he does! You won’t want to miss Frank’s incredible tips for using seller financing to buy parks, staying low risk while scaling, and the beauty of owning “small cities”! He also gives fantastic advice for making “stakeholders” out of tenants, describes what the perfect mobile home park setup looks like, and discusses how to find pocket listings no one else is seeing. Frank goes on to share the incredible story of how he bought a mobile home park with a wrestling ring in the back and how he sold it for a $1 million profit seven years later! In addition, he talks about his strategy for finding the perfect resident manager and insuring yourself against embezzlement from your management team. This is one of the most information-packed shows we’ve ever done in the MHP space, and you’ll be blown away by the amount of content here. Download it today! In This Episode We Cover: How Frank uses seller financing to buy deals he never could with a bank How he stays low risk while scaling How he got started with a billboard business How he owns “small cities” The key to doing seller financing correctly How he rents to “stakeholders” not just tenants What the perfect mobile home park setup looks like Why he loves mobile homes (aka "the gem" of real estate) Why mom and pop-type owners love mobile home parks How the average park can be bought and rents doubled year one The win-win opportunity mobile home parks provide for tenants and owners The mistakes he made on his first deal and how he learned to avoid it The No. 1 thing to look for when buying a park His strategy for finding pocket listings from brokers The 5 ways he finds parks to buy And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Business Podcast BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock 21st Mortgage
Jul 18, 2019
338: From Red Robin Waiter to 250 Units (Using the MLS!) with James Dainard
01:25:07

From waiting tables to scaling up to 250 units! Today’s show is going to blow your mind.

Brandon and David sit down with James Dainard, a real estate investor in the Seattle area, who is using his broad knowledge of real estate investing to do some big things! James shares how he got started door-knocking for someone else’s company to learn the business—and things took off from there!

He also shares how he’s finding 60 percent of his deals from the MLS, how he uses local zoning knowledge to find opportunities others are missing, and how he made over a million dollars off an MLS flip! James has some GREAT strategies he uses, including combining flipping, wholesaling, and BRRRRing; improving the return on his equity; and “inventing returns." You’ll also be blown away at how he created a 60-room rental (!!!) property that earns over $9K a month and how he saves money on maintenance and property management by running it all in-house.

James is a smart, humble, and experienced investor doing some very impressive stuff. Download this one today!

In This Episode We Cover:

  • How he got started door-knocking for someone else’s company
  • Story behind his first deal
  • How he bought a 60-room house How he got to over 200 units all single-family
  • Combining wholesaling, flipping, and BRRRR
  • What he looks for in an area and using zoning knowledge to find opportunity
  • Profiting $1 million on a flip he found on the MLS
  • About his apartment complex that was on the market for 200+ days
  • How he uses flips to fund his rentals Getting 60% of his deals off the MLS
  • How he calculates the return on his equity
  • Why he hires people in-house to manage properties and do maintenance
  • How he BRRRRed a deal with no money left in that cash flowed $2K a month
  • His unique method for “inventing” returns And SO much more!

Links from the Show

  • BiggerPockets Forums
  • BiggerPockets Premium
  • Forum Thread about BiggerPockets Premium
  • BiggerPockets Youtube Page
  • BiggerPockets Podcast 302: Making $100k/Deal Using Other People’s Money, Time & Experience with Cory Nemoto
  • Brandon's Instagram
  • David's Instagram
Jul 11, 2019
337: Next Level Wealth-Building Through Overseas Development and Opportunity Zones with Russell Gray and Robert Helms
01:37:56

Want to learn from two guys who have weathered several real estate market cycles and come out on top? You’re in the right place!

In this episode, Brandon and David sit down with Russell Gray and Robert Helms, longtime hosts of the Real Estate Radio Guys program. In this wide-ranging discussion, Russell and Robert cover a TON of subjects, from house hacking to investing in overseas resorts. The guys share the lessons they learned from the 2008 crash (hint: don’t rely too heavily on credit) and explain how they’re preparing for the next one. They break down how multifamily investing is just like running a business, and why hiring an assistant is the most important first step when scaling up.

Russell and Robert also tell us why having an A-student mentality can hinder new investors (and make them a target for gurus), and why you don’t need to know every step in order to just get started. You’ll learn why Robert is about to make his 137th trip to Belize, why he and Russell stopped investing in Mexico and Australia, and why you should design your own personal investment philosophy, too. 

If you’re a big-picture thinker interested in using the tax code to your advantage and staying on top of market cycles, this show will blow your mind. Listen here or on your favorite podcast app, rate and review us, and subscribe so you won’t miss the next one!

In This Episode We Cover:

  • How these guys inspired Brandon
  • What an entrepreneur does
  • How gurus take advantage of hungry new investors
  • How they are preparing for the next real estate downturn
  • Their strategy for building big wealth in other countries
  • How they learned the lesson about needing sufficient reserves the hard way
  • What to do when available credit goes away
  • Why they invest in resorts Where we are in the market cycle
  • Why they are locking in long-term debt right now What they learned from the 2008 crash How to prepare and win for the next downturn
  • What an opportunity zone is and how to use them
  • Why they study global economics
  • And SO much more!

Links from the Show

  • BiggerPockets Forums
  • BiggerPockets Real Estate Podcast Robert Kiyosaki
  • BiggerPockets Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy
  • Peak Prosperity
  • Brandon's Instagram
  • David's Instagram
Jul 04, 2019
336: $900 to $4.5MM Net Worth by 34 with Robert Jones
01:18:00

Location, location, location! On today’s show, Brandon and David sit down with Robert Jones, a real estate agent and investor in Colorado, who has built a cash-flowing portfolio with millions of dollars in equity in an expensive market.

Robert will blow you away with his knowledge on making deals work (even through the MLS) and choosing what to buy. You won’t want to miss his advice on buying properties with super low down payments, targeting ideal locations that attract ideal talents, and using agents to do the work of finding deals. You’ll also love his tips for creating systems so he can travel while making money and identifying the qualities of a good agent.

Robert is extremely humble for having such massive success, and he shares his whole playbook for how he built a portfolio of 26 units worth millions before the age of 35. DO NOT miss this one. Download today!

In This Episode We Cover:

  • Turning primary residences into rental properties
  • What are capital gains
  • Should you rent or sell your house?
  • Moving to a new house every year
  • Taking 3 months off while having a real estate business
  • Real estate to fund your life
  • Being an agent or not
  • How "The Stack" works
  • And SO much more!


Links from the Show

  • BiggerPockets Forums
  • BiggerPockets Webinar
  • GoBundance
  • Audible
  • Federal Housing Finance Agency
  • BiggerPockets Podcast 280: The Key to Making Great Deals (Hint: Overlooked Properties!) with Mark Hentemann (Writer for TV’s Family Guy!)
Jun 27, 2019
335: 70+ Units Per Year and How Exactly to Make a Lowball Offer with Ryan Dossey
01:17:34

A whopping 73 units a year without negotiating your own deals! Today’s guest Ryan Dossey breaks down his business and shares how he built a deal-finding pipeline he runs without doing the work!

Ryan gives great insight into how he finds deals directly from sellers, has team members meet with and close deals, then decides if he wants to keep them or wholesale them. If you’ve ever been interested in how to build systems to get your time back, this is a show for you. You won’t want to miss how Ryan used BiggerPockets to start and grow his business, how he began wholesaling, and how he uses NONE of his own money. You’ll also love hearing how Ryan made $10K in four hours on his first deal and how he built a conveyor belt to close deals while he’s out of the country. Plus, he gives investors AMAZING advice on approaching a mentor the right way!

Ryan is a great example of how to use BiggerPockets to grow your wealth and portfolio, and he shares some powerful tips about how you can do the same. Download this one today!

In This Episode We Cover:

  • How Ryan got into real estate in spite of never graduating high school
  • How he learned to see the world from a different perspective than everyone else
  • Why he markets directly to sellers
  • How he used BiggerPockets to build several different businesses
  • How he got his first wholesale deal (and made $10K in four hours doing so)
  • Why he went full time into RE and how he knew it was the right time to do it
  • How he chooses his markets
  • What no one tells you about the RIGHT way to approach a potential mentor
  • How he built a conveyor belt to close deals while he’s out of the country
  • Why he invests in multifamily
  • The No. 1 thing a newbie needs to know to get started wholesaling
  • Why focusing on one task is key to being successful faster
  • And SO much more!

Links from the Show

  • BiggerPockets Forums
  • BiggerPockets Webinar
  • GoBundance
  • BiggerPockets Airbnb Calculator
  • BiggerPockets Podcast 068: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson
  • InvestFourMore
  • Podio
  • Deal Machine (App)
  • CallPorter 
Jun 20, 2019
334: Using Other People’s Money to Take Down Flips, Multifamily and Self-Storage Deals with Ben Lapidus
01:21:05
Self-storage with OPM! Today’s guest Ben Lapidus sits down and spills the beans on his strategies for buying self-storage units and running an investment fund with other people’s money. Ben has some really great advice for those who want to get started in self-storage, including how he got started getting 25% of other people’s deals, why he jumped from single family into commercial opportunities, and how he mitigates risk in the self storage space. You also won’t want to miss what he shares regarding how he picks a market, his criteria for buying a deal, and where he recommends brand new self storage investors get their start (hint-it’s all about size). If you want to have your mind blown, you CAN’T miss his technique for seller financing negotiating where he improves his terms by saving the seller’s money on their taxes-brilliant! This episode is completely full of high energy, content packed, practical advice for getting into commercial opportunities with other people’s money and we guarantee you will learn a TON. Download today and buckle your seat belt! In This Episode We Cover: How Ben found real estate after finding success in other business ventures Starting off investing with partners and getting 25% of the deal with none of the risk or capital Why he jumped from SFR to apartments What he learned buying an awful property on his first deal How he put together his first syndication Why he invests in self storage How he found opportunities while looking for something else How he focuses on his strengths and finds partners to handle his weaknesses How he finds deals in today’s market His criteria for what he needs to see in a market How he mitigates risk when buying self storage Why he looks for “expansion potential” How he finances his deals, the strategy he recommends for newer self storage buyers to look into His BRILLIANT tax saving strategy he uses to save thousands of dollars on seller financing opportunities The one thing he think should be taught in school that isn’t How he recommends people improve their people skills and forming connections And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Premium Best Ever Conference BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne
Jun 13, 2019
333: A Guide to Getting Started in Commercial Real Estate (+ Laundromats?!) With Ken Wimberly
01:34:23

Commercial real estate like you’ve never heard it before! 

On today’s episode, Brandon and David sit down with Ken Wimberly, the owner of a Keller Williams commercial brokerage and a commercial investor himself. Ken shares some incredible tips on how to get into owning commercial property, including how to find quality tenants, how to structure the lease, and how to protect yourself from a changing market.

He also provides great advice on building relationships and identifying who NOT to partner with. Ken goes on to talk about how he went from working in a pizza restaurant to cashing his first check for 50K as a broker—with absolutely no training program! He shares some incredible advice for opening a laundromat, making huge returns, and successfully investing in other people’s deals, too.

If you’ve ever been interested in how to do big deals without big headaches, this episode is for you!

In This Episode We Cover:

  • How he builds relationships
  • How he learned the commercial business sitting across from a mentor and listening
  • How he buys laundromats Investing in commercial spaces
  • Using OPM to buy land and selling a 5K investment for 150K 
  • How he earned a commission of $50K on a deal he couldn’t do
  • How he chooses his business partners His morning routine
  • What to look for in a potential partner to disqualify them
  • How newbies should start off investing in commercial property
  • How to balance investing with family time
  • How he structures deals
  • Tips on owning a business inside your commercial building
  • How he invests in other people's deals
  • And SO much more!


Links from the show:

  • BiggerPockets Forums
  • BiggerPockets Webinar
  • BiggerPockets Commercial Lenders
  • CBRE
  • BiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban
  • BiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben Kinney
  • Google Alerts
  • GoBundance
  • BiggerPockets Business Podcast
Jun 06, 2019
332: How to Build a Deal-Finding MACHINE with Adam Johnson and Brent Moreno
01:26:47

Build a deal funnel to fuel your business and keep the leads coming!

On today’s show Brandon and David sit down with Adam Johnson and Brent Moreno, two wholesalers running a business that fuels their investment portfolio!

Adam and Brent share several key pieces that make their business go, like how they have built systems to reduce their workload, how they keep their pipeline full of leads, and how they use a “three foot rule” to make sure everyone knows how they can help them. You’ll also love how they recruit others to work in their business, how they use stories to hold people’s attention, and how they have leveraged an army of Uber drivers to find them deals!

These two guys have formed a great partnership, and share TONS of practical, meat-and-potatoes advice for how you can do the same. Their advice on “helping over haggling” alone is priceless! If you want to learn how to form the perfect partnership, how to build a portfolio off of a consistent pipeline of deals, AND how to wholesale those deals for profit, this is an episode you can’t miss!

In This Episode We Cover:

  • How they got into wholesaling
  • How their business is structured
  • Why they love wholesaling more than anything else
  • How they use systems to create success when they don’t feel like working
  • What a perfect partnership should look like
  • The funnel they have set up to find, capture, and follow up with distressed seller leads
  • The three-foot rule
  • How they use Uber drivers to find them deals
  • How they are helpers not hagglers
  • The number one thing a newbie needs to do well to start a wholesale business
  • How to recruit others to bring you deals
  • How to use stories to get others involved in helping your business
  • How they believe there is no “box” to think outside of
  • And SO much more!


Links from the Show

  • BiggerPockets Forums
  • BiggerPockets Webinar
  • BiggerPockets Youtube Channel
  • BiggerPockets Money Podcast
  • BiggerPockets Business Podcast
  • Podio
  • InvestorPO
  • REIpro
  • PropStream
  • ListSource
  • LeadSherpa
  • David Goggins on Joe Rogan’s Podcast
  • Gary Johnston 
May 30, 2019
331: 10 Deals on a $20K Waitress Salary With Ashley Hamilton
01:07:26

Ten doors free and clear on a blue-collar salary—today’s guest shares exactly how she did just that!

Brandon and David sit down with Ashley Hamilton, who shares the incredible story of how she went from poverty to success through real estate investing with very little help or guidance.

Ashley shares her remarkable strategies for investing in a market where very few others could, how she used BiggerPockets to develop a system, and how she got the city of Detroit to offer her a deal to buy a property at $500! Ashley also shares how she buys cheap houses at auctions, how she finds banks to finance her rehabs, and how she uses keyword alerts in the BiggerPockets forums to snag deals before anyone else! And be sure to listen for Ashley’s “no milk for her cereal” strategy to overcome and succeed!

If you’re looking for an incredibly inspirational story that highlights how creativity and resiliency can pay off, you want to download this today. 

In This Episode We Cover:

  • How Ashley found a way to invest in a market when very few others could
  • How she got the city of Detroit to call her and offer her a deal to buy for $500
  • Getting to nearly a half a million dollars in equity in a few short years
  • How she got started investing with nothing but BiggerPockets as a guide
  • Finding the best part of the city to invest in
  • Why she fix her rentals up to suburb quality even in low-income neighborhoods
  • Building a portfolio of 10 doors free and clear
  • The way she uses the BiggerPockets forums to help her make money
  • Landlording like a boss
  • Giving back to your tenants
  • And SO much more!


Links from the Show:

  • BiggerPockets Forums
  • BiggerPockets Webinar
  • Tarl Yarber's BiggerPockets Profile
  • Dave Van Horn's BiggerPockets Profile
  • Brie Schmidt's BiggerPockets Profile
  • Joe Fairless' BiggerPockets Profile
  • BiggerPockets Instagram
  • Brandon's Instagram
  • David's Instagram
  • Rentometer
  • Rich Dad Poor Dad Seminar
  • GoBundance
  • BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss
May 23, 2019
330: How to Ditch Distractions and Get WAY More Done With Cal Newport
01:44:13

Incredible show alert! You don’t want to miss this one: Brandon and David sit down with bestselling author Cal Newport (who wrote So Good They Can’t Ignore You: Why Skills Trump Passion in the Quest for Work You LoveDeep Work: Rules for Focused Success in a Distracted World, and so on) to discuss just what makes high performers different than the rest.

Cal shares incredible insight based on his research as a professor at Georgetown University, including how boredom can serve a very useful purpose, how to improve your focus to master your craft, and how building “career capital” can open doors to the life you’ve always wanted.

Cal also shares life-changing advice on how starting the day in “monk mode” can supercharge your productivity, how to set better expectations with team members, and how to rebuild your digital life in 30 days.

This episode is so good you’ll feel guilty you didn’t have to pay. Download it today!

In This Episode We Cover:

  • Cal’s story
  • Improve your focus and remove distractions to increase productivity
  • How to combine “deep work” with “shallow work” to stay mentally energized
  • Building career capital you can then invest to build a better life
  • What successful people do that unsuccessful people don’t
  • How to set better expectations with team members
  • How to start your day in “monk mode” and be insanely productive
  • How to give your hours a job and make time work for you
  • How to use boredom to recharge and motivate you
  • His thoughts on social media and how it can rob you of time
  • Taking the information you’re learning and letting it sink in 
  • Detox and rebuild your digital life in 30 days
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Connect with Cal




May 16, 2019
329: Financial Freedom Before 30 Through Just 10 Deals With Felipe Mejia
01:27:58

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 success
  • His “no-why principle”
  • How he got his wife to buy into his vision
  • How he took advantage of a booming construction industry to rent rooms out to builders
  • His advice for pushing through being told no
  • How he would listen to the BiggerPockets podcast in headphones while working in a construction job
  • Real estate replacing his full time job before age 30
  • Delegating the work of his various businesses
  • How he lives for free in Nashville
  • How he leverages out communicating with his Airbnb guests and loves it
  • How he got paid $30,000 on a property he paid $3,000 for
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable 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 Felipe

May 09, 2019
328: How to Laser-Focus on the Wildly Important With Author Chris McChesney
01:52:59

If you’ve ever had an interest in turning your desire to invest in real estate into a well-oiled business machine, today’s episode is for you!

Chris McChesney, bestselling author of The 4 Disciplines of Execution, shares some mind-blowing strategies recognized worldwide for their ability to help followers achieve more success! Chris shares the difference between lead and lag activities, how to use the power of leverage to move your business forward, and how staying busy isn’t always in your best interest.

He also shares eye-opening insight into the way we use confirmation bias to avoid making progress, how to break major wars into smaller, winnable battles, and the secret of “tendency override.” Chris has developed an amazing system using four key strategies to improve your odds to succeed and has implemented them with companies like Coca-Cola, Comcast, The Ritz-Carlton, and more!

Don’t miss this episode chock full of actionable advice for improving your life, as well as your business!

In This Episode We Cover:

  • The difference between lag and lead activities
  • How to use the power of leverage to move your business forward
  • How staying busy isn’t always in your best interest
  • How to identify your most important goal
  • The secret to losing weight—and how to apply it to real estate
  • What most business owners do wrong
  • How confirmation bias clouds your vision
  • Learning the secret of “tendency override”
  • Breaking major wars down into small battles
  • How to keep your goals small to make sure you achieve them
  • How to avoid giving in to self-victimization
  • How to develop a scorecard to track your progress
  • How to use accountability to stay on track
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The real enemy of execution is your day job.” (Tweet This!)
  • “You can be busy all day long and not be a step closer to your goal.” (Tweet This!)
  • “The most strategic work you do will feel like you’re wasting time.” (Tweet This!)
  • “If we don’t track, we lie to our selves.” (Tweet This!)
  • “Make and keep a promise to yourself.” (Tweet This!)
  • “If you think the problem is out there, that very thought is your problem.” (Tweet This!)

Connect with Chris


May 03, 2019
Special Announcement!
00:05:58
Today, we’re introducing the BiggerPockets Business Podcast, co-hosted by J and Carol Scott. Subscribe now using the links below; Episode 1 is up now! SUBSCRIBE ON APPLE PODCASTS (IPHONE): https://podcasts.apple.com/us/podcast/biggerpockets-business-podcast/id1460051721 SUBSCRIBE ON GOOGLE PODCASTS (ANDROID): https://www.google.com/podcasts?feed=aHR0cHM6Ly9icGJ1c2luZXNzLmxpYnN5bi5jb20vcnNz The BiggerPockets Real Estate Podcast will be back tomorrow, and we’ll be back to regular programming next week. Future episodes of BiggerPockets Business will drop on Tuesdays -- the day after the BiggerPockets Money Podcast. Oh, and go follow the BiggerPockets Business Podcast on Twitter @BPBusinessShow and Instagram @BiggerPockets!
May 02, 2019
Sneak Peek: Excerpt from “Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple”
00:27:20
In this special half-episode, David reads from Chapter 2 of the brand-new book he’s written on the BRRRR strategy. This particular passage goes to the heart of what makes BRRRR work: buying great deals. So how do you pull that off? In this chapter, David reveals: what he looks for when targeting properties, how to practice analyzing deals so you won’t be afraid to pull the trigger, and how to find team members and align their incentives with yours. Order “Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple” today at www.BiggerPockets.com/BRRRRbook. Physical copy, eBook, or audio version (read by a professional narrator) are all available. Or you can also get EVERY format if you order the Ultimate Package. That includes the exclusive eBook, “Long-Distance BRRR,” a bonus video on how to interview and hire a great contractor, and access to a live Q&A webinar with David. In the meantime, enjoy this bonus episode!
Apr 26, 2019
327: The “Buy, Rehab, Rent, Refinance, Repeat” Method Made Simple With David Greene
01:24:27

It’s here—THE book on BRRRR! And who better to write it than the leading authority on this strategy: our co-host David Greene.

In this episode, he breaks down exactly how to “Buy, Rehab, Rent, Refinance, and Repeat” your way to wealth.

David reveals how BRRRR allows him to force equity, leverage the talents of others, and recycle his capital so he didn’t have to keep working 100-hour weeks as a police officer.

You’ll learn about the velocity of money, the “core four” players every BRRRR investor needs on his or her team, and the way to eliminate fear by taking a cold, hard look at the numbers.

David also explains how this strategy can reduce capital expenditures and how to come to the bargaining table with a cash offer that puts you in the driver’s seat.

He also addresses some common objections, including the notion that it’s difficult to influence the appraised value of your rehabbed property. Plus, you won’t want to miss the “Deal Deep Dive” where David goes into detail about one of his recent real-life BRRRR deals.

Whether you’re brand new to this method of investing or are looking to fine-tune your BRRRR skills, this episode will provide you with a ton of value. Still, we only cover part of what’s in David’s book, so check it out on the BiggerPockets Bookstore.

In This Episode We Cover:

  • Who David is
  • Defining and explaining BRRRR
  • Discovering the main benefits to BRRRR
  • How to increase your ROI
  • Understanding what increasing the velocity of your money is
  • Getting good at what you do
  • How to decrease risk by building equity and pulling capital
  • How to scale to financial freedom faster
  • Ways to lower CapEx expenses
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Make money work for me.” (Tweet This!)
  • “Repetition builds mastery.” (Tweet This!)
  • “Operating from ignorance or inexperience is operating with a massive amount of risk.” (Tweet This!)
  • “Down payment has nothing to do with risk.” (Tweet This!)
  • “BRRRR investing is about gaining equity without losing capital.” (Tweet This!)

Connect with David

Apr 25, 2019
326: Health, (Big) Wealth, and Total Accountability With David Osborn, Pat Hiban, Tim Rhode (and Josh!)
00:54:43

What does true wealth mean to you? Maybe it’s having control over your time or having the means to donate part of your income to charity. Maybe it means feeling healthy enough to jump out of bed and attack the day.

In today’s episode, Brandon, David, and Josh (remember him?) speak with three financially independent investors about what motivated each of them to work so hard toward their goals.

Early in their careers, David Osborn, Pat Hiban, and Tim Rhode realized they shared a common goal: to steadily accumulate streams of passive—or as they call it—“horizontal” income. So they got together and made a serious commitment, vowing to hold each other accountable every step of the way—even if it meant dishing out some tough love.

In this episode, you’ll learn how finding an accountability partner can change the trajectory of your career and life, and how giving time and money can not only make you feel better but also make you more wealthy. You’ll also learn how David, Pat, and Tim built dozens of streams of income by living below their means, connecting with the right people, and taking advantage of opportunities.

This is a must-listen if you’ve ever asked the question, “Why am I working so hard, anyway?” You’ll come away from this episode motivated to hold yourself and your loved ones accountable so you can reach your goals together.

Download it today!

In This Episode We Cover:

  • The background of these founders
  • The story behind the three amigos and the founding of GoBundance
  • The Pillars of GoBundance
  • Having a genuine contribution
  • Having authentic relationships
  • Having extreme accountability
  • Having horizontal income
  • Having age-defying health
  • Having bucket list adventures
  • How to reach your financial goal
  • Finding motivation to earn and grow more
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “How can I work as little as possible and keep making money?” (Tweet This!)
  • “Spend your time doing the things that make you money and delegate the rest.” (Tweet This!)
  • “Real estate is the everyday man’s way to wealth.” (Tweet This!)
  • “My car is always secondhand.” (Tweet This!)
  • “Set financial goals, not material ones!” (Tweet This!)
  • “All the wins I’ve got in life have all came from me willing to be vulnerable.” (Tweet This!)
  • “It’s weird because every successful person I’ve ever met spends more time thinking than doing anything else.” (Tweet This!)
  • “You can’t build a successful business without health.” (Tweet This!)
  • “A life without contribution is a life not worth living.” (Tweet This!)
  • “Always be where you are.” (Tweet This!)

Connect with Pat, Tim, and David

Apr 18, 2019
325: From Major Business Failure to Buying 20 Houses a Month With Aaron Amuchastegui
01:31:04

Awesome show alert! Today’s guest is so full of information you will be blown away.

Aaron Amuchastegui sits down with Brandon and David and explains how he buys 20 deals a month while practicing principles of the four-hour workweek. It’s an incredible story about how he built a big business with foreclosures, how he keeps his pipeline full (including how he buys deals at auctions), how he does due diligence, and how he tracks down owners of vacant properties.

You won’t want to miss his advice on owning C- or D-level properties, how he uses flip profits to fund a business that acquires rentals, and—most importantly—how you can lose money in real estate even if you’re buying great deals.

This episode is full of more powerful insight than we can begin to mention. Aaron is a big-time real estate investor who has gone from rags to riches, to rags to riches again. Tune in to hear him share everything he learned along the way.

Download today!

In This Episode We Cover:

  • How he got into real estate investing
  • Buying at an auction
  • The different types of auctions
  • How to approach and talk to cash buyers
  • The moral aspect of real estate
  • How to do title research
  • A big surprise after buying a sight-unseen house
  • Bouncing back from losing everything he built
  • Why he thinks flipping is a job
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “There’s so many problems that you can solve in real estate.” (Tweet This!)
  • “I make money 9/10 houses. I take a loss 1/10.” (Tweet This!)
  • “Flipping is only money when you keep flipping.” (Tweet This!)

Connect with Aaron

Apr 11, 2019
324: Financially Free in Less Than 5 Years Through Apartment Investing With Michael Blank
01:32:44

Do you want to invest in multifamily apartments but feel intimidated by the process? If so, today’s episode is for you!

Brandon and David interview Michael Blank, an experienced multifamily investor/educator, who breaks down the seemingly daunting process into super simple steps.

Don’t miss Michael’s advice on how to get started in the space, how “the law of the first deal” will increase your odds of success, and how multifamily investing can lead to financial independence in five years. You’ll also love learning common multifamily vocabulary, what an ideal property looks like, and how to develop relationships with potential investors.

Michael also shares incredible insight into how he built his empire, as well as his top two negotiating tactics and “three levers” to successfully negotiate a multifamily deal!

This is one of THE most informative shows we’ve ever done. Download it now!

In This Episode We Cover:

  • How he got started and why he recommends multifamily investing
  • Scaling his business despite running out of of time
  • What is “the law of the first deal” 
  • The multiple ways syndicators make money in a deal
  • Common multifamily terms and what they mean
  • How to improve the value of a multifamily property
  • What an ideal deal looks like
  • Developing pre-existing relationships with potential investors
  • Why cash flow is so important in multifamily
  • His top two negotiating tactics
  • How he bought a 321-unit building, how he BRRRR-ed a multifamily building, and returned 96 percent of their investors’ capital in the process
  • His “three levers” to negotiate in a multi family deal
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The value of the first deal far outweighs any kind of money you can make from it.” (Tweet This!)
  • “Nobody is rich on their first deal, but they’re rich because of their first deal.” (Tweet This!)
  • “I’d rather do an 80/20 gigantic deal than 70/30 of nothing.” (Tweet This!)
  • “Structure your deals based on who your investors are.” (Tweet This!)
  • “Never take money unless you know what the heck you are doing.” (Tweet This!)
  • “Always raise more money than you think you need.” (Tweet This!)

Connect with Michael

Apr 04, 2019
323: How to Attract Deals and Earn More Through the Magic of Networking With Travis Chappell
01:28:57

Would getting more deals through your network help your real estate business? Today’s guest specializes in just that!

Brandon and David sit down with Travis Chappell, host of the “Build Your Network” podcast, and dive into how to create success through other people.

Travis shares strategies for using his network to find deals, mastering the art of giving to increase your success, and becoming a leader in any space you are passionate about—no matter who you are! You won’t want to miss his “anchoring” negotiating strategy, his advice on the right way to reach out to mentors/influencers, and his five tips for starting off an effective working relationship!

This is one of the most value-packed shows BiggerPockets has done. Download it now!

In This Episode We Cover:

  • How Travis uses his network to source deals
  • Why he rents his primary residence
  • The power of creating a platform like a podcast or meetup
  • The key to successfully partnering with family
  • Why givers are more successful
  • How his networks really affect his net worth
  • The reason why he’s selling his real estate properties
  • The beauty of adding value first to others
  • His five effective tips for reaching out and connecting with anyone
  • His “anchoring” negotiating tactic and how he used it to land a deal
  • Why house hacking is his favorite way to get started in real estate
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Most of the things that we need to master fall under the communication category.” (Tweet This!)
  • “You don’t have to be an expert to start a podcast or a meetup.” (Tweet This!)
  • “Every deal is different. What works for me may not work for you.” (Tweet This!)
  • “The deal is in the numbers. If it’s a good deal, it will make money regardless of all the other stuff.” (Tweet This!)
  • “What you focus on, you get more of.” (Tweet This!)
  • “There’s deals for everybody out there!” (Tweet This!)
  • “Not all debt is bad.” (Tweet This!)
  • “The number one thing about networking is giving value.” (Tweet This!)

Connect with Travis

Mar 28, 2019
322: 3 Things Every Leader MUST Do to Scale with Ben Kinney
01:15:33

Today’s guest grew up poor, living in a cabin without power or running water. But now he controls millions of dollars in real estate, owns several companies, and leads one of the country’s top-producing sales teams.

How did Ben Kinney pull that off?

The story involves, of course, hard work and tenacity. It involves a book that shifted his mindset at just the right time. And most importantly, it involves teamwork.

In this episode, Ben lays out the hiring process he used to build a real estate agent business. He talks about how he got used to rejection working as a “cable guy” and shares how YOU can find an off-market deal and start house hacking—without a lot of money out of pocket.

Ben also details the seven goals that influenced his every decision and the three things every leader should do when growing his or her business. (Hint: “inspect what you expect.”)

In the “Deal Deep Dive” segment, Ben tells us how he was able to buy a company for a hefty price by controlling the terms of the deal.

He’s a big-picture guy, who will challenge you to think differently about real estate and business. If you feel held back by tasks you don’t enjoy, listen to this show for practical tips on how to delegate more effectively.

Today’s episode will inspire you and help you invest more efficiently, so you can do what you love and watch your wealth grow.

In This Episode We Cover:

  • The amazing story behind how Ben got started selling homes
  • Being recession proof
  • Why he builds and buys businesses
  • Using synergy to grow his RE empire
  • What he looks for in a deal
  • Why he likes to buy and hold instead of flip
  • How big businessmen save on taxes
  • What is the income triangle and how to flip it
  • Finding great leaders as partners or employees
  • Building an ecosystem to help find him deals
  • Questions he asks new hires or partners to determine if they are the right ones
  • The story about how he spent six days to find ONE hire
  • Working only do things he enjoys
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I hate when people call me an entrepreneur and the reason is because 98% so-called entrepreneurs fail.” (Tweet This!)
  • “Systems make the ordinary become extraordinary.” (Tweet This!)
  • “People complicate things to justify their inactions.” (Tweet This!)
  • “You can’t be chasing money because money runs too fast.” (Tweet This!)
  • “Hire the things you don’t enjoy.” (Tweet This!)

Connect with Ben

Mar 21, 2019
BONUS: Excerpt from “The Book on Negotiating Real Estate”
00:25:20

In this bonus episode, co-authors Carol and J Scott read from Chapter 5: Seller Motivation and Leverage. This passage reveals the exact questions the authors ask sellers, and how to “aggressively listen” for valuable information — even when making casual conversation. Plus, Carol and J do some investor/seller role-playing.

Order “The Book on Negotiating Real Estate” today at www.BiggerPockets.com/NegotiatingBook; you can get a physical copy, eBook, or audio version (that one is read by professional narrators) — OR just get the Ultimate package, which includes everything, PLUS access to two live Q&A webinars with Carol and J, two bonus videos, and a Quick Reference Guide with the top negotiating tips and tricks from the book

Mar 15, 2019
321: How to Negotiate Real Estate—Expert Deal-Making Tactics with J and Carol Scott and Mark Ferguson
01:14:02

Would your real estate investing business benefit from better negotiating tactics? Of course it would!

On today’s show, Brandon and David sit down with J and Carol Scott, as well as Mark Ferguson, co-authors of the new BiggerPockets book The Book on Negotiating Real Estate. The authors discuss several powerful negotiating strategies, plus common misconceptions about negotiating, how “winning” in negotiating doesn’t always mean the other side is losing, and how the best deals are done through building rapport (with examples of how to do just that).

You won’t want to miss their tips on how to prepare for a negotiation beforehand—something that’s made them hundreds of thousands of dollars over the years—and how to negotiate with your own contractor to get the best prices possible!

This episode is full of advice to help you, the investor, save money and get deals. If you want to experience better results getting what YOU want out of a deal, download this one today!

In This Episode We Cover:

  • Introducing J, Carol, and Mark
  • Common misconceptions about negotiating
  • How winning doesn’t always mean the other side losing
  • The right mindset when it comes to negotiating
  • How building rapport can get you deals
  • Learning to shift the negotiation off of price and into something else
  • Tips in preparing for your negotiation beforehand
  • Negotiating with your contractor to get the best deal possible
  • The tip that’s made them hundreds of thousands of dollars over the years
  • How they closed on a deal using negotiating tactics to lower the price on an already great deal
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “90% of negotiation is literally the skills all of us already have.” (Tweet This!)
  • “Treat every conversation as a discussion as opposed to as a questionnaire.” (Tweet This!)
  • “Negotiate everything, always.” (Tweet This!)
  • “The person who cares the least has the most power.” (Tweet This!)

Connect with J and Carol

Connect with Mark

Mar 14, 2019
320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany Arnason
01:05:15

Imagine building a business around work you’d do for free. Sound pretty great?

Today’s guest has done just that, and her story may change the way you think about investing. Brittany Arnason is a 26-year-old who’s converted her talent for hands-on work into a cash-flowing, 10-unit rental portfolio.

In this episode, Brittany shares how she learned the business of real estate and construction as a small child, bought her first property for $25,000, and worked on it herself to save money and learn the business.

She goes on to reveal her DIY secrets for adding value at minimal cost, how she applied skills she learned at her 9 to 5 to make her a more successful investor, and how she operates as a woman in a male-dominated industry.

Brittany has an incredible energy, spark, and passion for real estate, and it is infectious. Don’t miss how she uses creative strategies to finance her deals and the BRRRR method to fund unlimited projects.

This is an episode that will leave you pumped up and ready to go get your next (or first) deal. Download it today!

In This Episode We Cover:

  • How Britt got her first rental property at the age of 18!
  • Quitting her job as a power engineer
  • Pros and cons of doing your own work
  • The Lifeonaire Strategy
  • Things that make a huge impact in a property
  • Using personal line of credit to fund deals
  • What is a Step Up mortgage
  • Doing BRRRR strategy with her boyfriend
  • Finding deals through realtors and MLS
  • How she learned DIY skills from the internet
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “New builds can be easier and more straightforward than rehabs!” (Tweet This!)
  • “If it keeps you motivated and it keeps it fun for you, it probably will help your business.” (Tweet This!)
  • “You have to do whatever it takes to make it work.” (Tweet This!)

Connect with Britt

Mar 07, 2019
319: Avoid These Common Newbie Mistakes! Hard-Earned Lessons from Nathan Brooks
01:05:49

How does finding and closing 15 deals a month sound? Today’s guest shares exactly how his team does just that!

Returning guest Nathan Brooks goes into detail about how he built a turnkey business that consistently finds and closes deals on a large scale. He also shares great info regarding how he uses the DISC profile to understand himself and his team members, his three-step process for rehabbing homes, and why he always has at least two sets of eyes on every deal.

Plus, he reveals what he wishes he had done differently in the beginning and how to alternate between a “10,000-foot view” of your business and being on the front line. You also won’t want to miss his discussion about mistakes newbies should avoid.

Nathan is a long-time investor with a heart-felt passion for helping others succeed. If you want to grow your real estate business, be sure to check out the incredible advice and encouragement he shares in today’s episode!

In This Episode We Cover:

  • How Nathan uses the DISC profile to understand himself
  • What he would have done different if starting his business again
  • His three-step process for rehabbing homes
  • Why he always uses two sets of eyes on every deal
  • How he utilized meetups to grow his business
  • How his team is buying 12-15 deals a month
  • His rule for replacing anything that doesn’t have a 10-year life span
  • Mistakes for newbies to avoid
  • How to alternate between a big picture view and daily activities to lead to success
  • How he handled his nightmare flip
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “As soon as you can afford it, hire your weaknesses.” (Tweet This!)
  • “The direction of your business is your responsibility.” (Tweet This!)
  • “If you’re not taking professional pictures of your rental property, stop and start doing that now.” (Tweet This!)
  • “Your business is only as good as you are.” (Tweet This!)

Connect with Nathan

Feb 28, 2019
318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin Schwartz
00:59:14

Interested in buying over 100 units in two years’ time? Today’s guest did just that!

Collin Schwartz shares the amazing story of how he built an impressive portfolio on the foundation of direct mail and networking through meetups. You’ll learn how Collin utilized a clever twist on the BRRRR method to avoiding paying cash for properties (but still get back his down payment), how he uses balloon notes to do this, and how his highly targeted direct mail strategy led to it all being possible. Collin also shares how he runs meetups to find deals, what his criteria are for buying properties, and how he partners/leverages with others to make this incredible success possible over such a short period of time.

Collin also earns income managing properties—and even leverages that business to find deals too! If you want a solid game plan that will lead to impressive growth, this is an episode you don’t want to miss!

In This Episode We Cover:

  • How Collin went from handwriting 191 letters to over 100 units in two years
  • How he uses networking to find deals
  • His direct mail strategy
  • How he uses the BRRRR method and traditional financing
  • His 50/50 partnership structure
  • Tips for using RUBS to increase profit
  • What criteria he looks for in properties
  • How to run meetups to find deals
  • Advice for using balloon notes to get into deals (and later refinancing)
  • How to outsource paperwork and bookkeeping to others
  • How he makes money managing his own properties
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

Connect with Collin

Feb 21, 2019
317: Building a $300MM Real Estate Empire from Scratch with Multifamily Investor Chad Doty
01:20:11

Ever dreamed of being a successful multifamily investor who owns millions of dollars in real estate while others manage your assets?

Well, today’s guest is doing just that! Brandon and David sit down with Chad Doty, a one-time businessman who ditched corporate life and moved on to real estate, now owning 3,000 units!

Chad shares TONS of meaty insight, including what he looks for when choosing a market, where he’s currently investing (and avoiding), and four rules of thumb for building a multifamily business. Chad gives great advice regarding overcoming high barriers to entry, getting brokers to take you seriously (even as a newbie), and adding value to properties in order to generate big profits.

Plus, you DO NOT want to miss Chad’s take on finding deals others are missing, the order in which you should build your team, and how he would invest his grandmother’s last 100K! If you’re looking for an episode with so much value you’ll feel guilty you didn’t have to pay for it, download this one now!

In This Episode We Cover:

  • How Chad got into multifamily
  • What evergreen is
  • Two real estate myths
  • What comes first: deal or money
  • The market he invests in and why
  • His success metrics
  • The four components of any successful business
  • Raising money to fund an apartment building
  • Increase rent vs. decrease expenses
  • What does his team look like managing thousands of properties
  • Rules of thumb for communicating with property management
  • His thoughts on the future of today’s market
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Money flows to competency not to good deals.” (Tweet This!)
  • “Capital formation is the ultimate entrepreneurial skill.” (Tweet This!)
  • “If emotions are going to be out there, use it to your benefit.” (Tweet This!)
  • “Embrace the suck required to get good. But once you do that, the world is your oyster.” (Tweet This!)
  • “Hospitals are 24-hour blue collar job factories.” (Tweet This!)

Connect with Chad

Feb 14, 2019
316: How to Become a Millionaire Through Real Estate by 26 with Graham Stephan
01:18:33

Interested in becoming a millionaire through real estate investing? Of course you are!

Today’s guest did just that—by age 26!

Brandon and David sit down with top-producing real estate agent and investor Graham Stephan as he spills the strategy he used to build massive wealth at such a young age. You won’t want to miss his “fortune formula,” including how he adds value to the deals he buys, how he saved money to invest without missing out on life’s experiences, and how he found work he loved to do so he could work hard while still feeling like he was on vacation.

Graham’s passion for real estate carried him to big success through investing, and he shares great advice for using YouTube to grow your brand. He also discusses how skipping college helped make him a millionaire and how he worked with his grandma to fund his first deal! 

Graham touches on why he feels the future of RE is in development, ways to “make, not just find,” deals in today’s market, what to watch out for with Airbnb, and how he bought a house before he even owned a credit card.

DON’T miss this powerful show from someone who made the most of his 20s to set himself up for future success. Download it today!

In This Episode We Cover:

  • Started as listing agent in L.A. at age 18
  • Closing over 3 million dollars as a first deal that made him quit college
  • The plan he put in place
  • What he could’ve done better
  • What it’s like buying rental properties at a young age
  • Hack on managing properties
  • House hacking in LA
  • The Subway sandwich story
  • How Graham became a millionaire in real estate by 26
  • Why going to college would have set him back a decade
  • The Millionaire Formula
  • His current investments and future plans
  • Tips on landlording
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “If people worth 10 million dollars are buying these properties, chances are this is something I should start paying attention to myself.” (Tweet This!)
  •  “You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.” (Tweet This!)
  • “Going to college for me would have set me back probably almost a decade.” (Tweet This!)
  • “For me, my work is my vacation.” (Tweet This!)
  • “Every year there’s a new opportunity out there.” (Tweet This!)
  • “Landlording is a skill.” (Tweet This!)
  • “If you pick up the phone, you are ahead of 80% of agents out there.” (Tweet This!)

Connect with Graham

Feb 07, 2019
315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene
01:13:51

Interested in learning techniques that will virtually guarantee you success, regardless of your field of interest? Of course you are!

On that front, today’s show will not disappoint! Brandon and David interview bestselling author Robert Greene, whose latest book is titled The Laws of Human Nature.

Robert discusses brilliant concepts regarding earning the trust of others, determining who you can trust in an interaction, and developing the super power of reading other people’s non-verbal cues. He also shares valuable insight that will help you positively impact the emotions of others around you, put yourself in a peak state of performance, and activate the power of your own emotional connection to things you are passionate about.

And do not miss Robert’s advice on making sure others cannot manipulate or deceive you, or what he’s learned studying Leonardo da Vinci and others who have mastered their crafts! If you want to become the investor who gets deals first, gets the best prices on rehabs, and is less likely to be fooled in a transaction, download this episode right now!

In This Episode We Cover:

  • Robert’s mentor-mentee relationship with Ryan Holiday
  • What a mentor is looking for a mentee
  • What are the laws of human nature
  • Understanding human nature and why it’s the most important skill
  • Seeing through people beyond the surface
  • Validating the good in people
  • Flattery vs. recognizing somebody’s strength
  • The different biases and how we’re governed by emotions
  • – Conviction bias
  • – Appearance bias
  • – Group bias
  • Techniques to resist these biases
  • How to present yourself
  • Mastery and being emotionally connected to what you do
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The most important thing you are looking for is not a glittering resume, it’s not charm, but their character.” (Tweet This!)
  • “The most important skill you can develop in life is understanding people.” (Tweet This!)
  • “The energy that you present people, is how they’re going to see you.” (Tweet This!)

Connect with Robert

Jan 31, 2019
314: A 3-Step Blueprint for Managing Contractors Like a Boss with Andresa Guidelli
01:03:47

Would your real estate business benefit from better rehab/construction knowledge or tactics? Well, that’s the focus of today’s show, where Andresashares her story of moving from Brazil to America and crushing it in the real estate space!

Andresa excels in an area many of us find extremely challenging: managing rehabs. In this episode, she pulls back the curtain and shares tips for how you can do the same. Andresa gives great advice for finding excellent contractors (and vetting them), the three things she puts in every contract, and how she makes sure she’s never ripped off.

You won’t want to miss her advice on finding the perfect team, determining the scope of work for your project, and learning your market. Andresa also shares a killer tip about challenging low appraisals she’s used successfully three separate times! Andresa is able to skillfully manage several rehab projects at a time while also running a side Airbnb business and gives great guidance on how you can do the same. Download this one now!

In This Episode We Cover:

  • How Andresa got into real estate
  • How she finds great contractors
  • The three things she puts in her contract
  • How she pays her contractors
  • Her advice for finding the perfect team
  • How she embraces what she’s good at
  • Why you should be humble enough to partner with others
  • How she determines her scope of work
  • Tips for understanding your market
  • How she challenges appraisals
  • Her advice for Airbnb investing
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “There’s somebody for every role.” (Tweet This!)
  • “Get the ‘no’ first because that is when the negotiation starts.” (Tweet This!)
  • “Partner up with somebody that is willing to share to you the entire process.” (Tweet This!)

Connect with Andresa

Jan 24, 2019
313: How to Be Happy AND Grow a Massive Business with Entrepreneur Jesse Itzler (and Josh!)
01:06:30

You want to crush it in real estate investing. But you also want fun, adventure, and time for yourself and your loved ones. Can you have both? Our guest today says, “YES!”

Jesse Itzler is a serial entrepreneur who’s worn a lot of hats: rapper, founder of a private jet company (sold to Warren Buffett’s Berkshire Hathaway), partner in a coconut water venture (sold to Coca-Cola), ultra-marathoner, and part-owner of the Atlanta Hawks.

Jesse shares his plan for 4x-ing your productivity, what he learned from living with a Navy SEAL (and writing a book about it!), and why investors must learn to “fall in love with the process,” rather than the product. You’ll learn his trick for scheduling memorable experiences and why you should develop your own “happiness meter.”

Oh, and stick around to hear Jesse’s hilarious story about performing in front of 600,000 people—and forgetting the words. This show is packed with wise counsel for anyone who is or wants to be a hard-charging entrepreneur, but also craves more balance and bliss. Download this episode, and share it with a friend or family member who would enjoy it! When you do, tag us on Twitter (@jrdorkin, @brandtonatBP, @biggerpockets) or Instagram (@jrdorkin, @beardybrandon, @biggerpockets)!

In This Episode We Cover:

  • Jesse Itzler’s backstory
  • The moment of the most happiness -41 bucks story!
  • How to measure happiness with the “Happiness Meter”
  • The “3-Hour Rule”
  • What Kevin’s Rule is and why you should create “moments”
  • Advice for making the most of life
  • Why you should think throughWhat do I want to be known for in the next 5 years?
  • How to reach out to people who you aspire to meet
  • His advice on growing multiple business
  • A way to redefine failure
  • The Misogi
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “If you have health, you have hope. If you have hope, you have everything.” (Tweet This!)
  • “In most areas of our life, there’s a way to measure almost everything.” (Tweet This!)
  • “As we get older, it’s very hard to create newness.” (Tweet This!)
  • “If it’s not important to you, it’s not going to happen.” (Tweet This!)
  • “People buy into stories more than products.” (Tweet This!)
  • “As a parent, praise your kids’ effort, not the result.” (Tweet This!)
  • “Money is fun to make, fun to spend, and fun to give away.” (Tweet This!)

Connect with Jesse

Jan 17, 2019
312: Conquering Nightmare Rehabs While Working Full-Time with BRRRR Investor James Masotti
01:08:54

Excited about real estate investing and looking for a blueprint to follow? Well, you’re in luck!

Today’s guest James Masotti is a well-rounded investor who’s piling up properties while working a full-time job.

James shares how he consistently finds deals in a competitive market (it’s not through the MLS), how he funds these deals (it’s not with his money), and how he handles the common complications every investor faces.

He also gives some great advice for acquiring properties already occupied by tenants, and explains how he keeps his partner and lenders happy even when things don’t go according to plan. He offers tips on planning for CapEx and dealing with the dark side of real estate investing, too. 

Plus, you won’t want to miss his advice when it comes to building funnels to find deals, as well as just what to look for when interviewing real estate agents.

James has a straightforward, no-nonsense approaching to succeeding in today’s market and provides tons of good content for how you can do the same! Download this episode today!

In This Episode We Cover:

  • Jame’s entrance into real estate investing while having a professional career
  • Cash reserves and how he plans for CapEx
  • How he finds and funds deals
  • Dealing with tenant evictions
  • Finding the lender you need
  • What a debt cover ratio is
  • Why he continuously builds funnels
  • How to handle when things go wrong
  • Analyzing and overcoming the dark side of real estate investing!
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Real estate is very forgiving.” (Tweet This!)
  • “When you’re looking to scale, you want to have reserves available.” (Tweet This!)
  • “Don’t chase something that you’re not comfortable with because that’s when you get in trouble.” (Tweet This!)

Connect with James

Jan 10, 2019
311: 6 Rules for Investing in Real Estate in the Coming Economic Shift with J Scott
01:14:52
Are you a real estate investor concerned with the potential of a shifting economy? These concerns are understandable, and today’s guest has some great techniques for both protecting your money and taking advantage of deals in any market! J Scott,...
Jan 03, 2019
310: A Straightforward, Repeatable Path to Early Retirement with Jennifer Bayless
00:55:13

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 market
  • How Jenny uses the BRRRR strategy to systematically grow her portfolio
  • Ways to chase financial freedom without a monstrous portfolio
  • How she has an agent do her due diligence for her
  • The strategy she uses to “make” deals in a today’s tough market
  • Her opinion on how to use turnkey properties to get started investing
  • Ways to start with fixer-upper properties to get great deals in a hot market
  • How she uses hard money to buy “cash” deals
  • How she estimates rehab costs before writing offers,
  • Her “accidental” BRRRR story
  • How she’s pursuing financial independence with only 10 homes!
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable 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 Jennifer

Dec 27, 2018
309: Closing 75 Deals Your First Year by Simply Modeling Others with Steven Pesavento
01:00:35

Have you ever considered flipping houses for cash but aren’t sure where to start? If so, today’s episode is perfect for you! Brandon and David interview Steven Pesavento, a long distance flipper who’s doing 75 deals a year. Steven shares several of his tips for success, including just what he does to keep his pipeline full of deals, how he follows up with qualified leads, and the strategy he used to get good at closing deals working for someone else!

You’ll love Steven’s system for choosing the best market to flip in, how he systematically ramped up his business, and how he built a team from the ground up (including each team member’s job title and description)! This episode is chock full of specific, actionable advice that will apply to newbies and experienced pros alike. Download and listen today!

How he finds his deals, where he is consistent and wins the long game, how he flips 75 houses a year, when to grit and when to quit, how to know when it’s time to ramp up your business, how to build and scale your business, the order in which you should hire, what makes up an all-star team, why repetitions are so important, and what to look for in a partner to help grow your business.

In This Episode We Cover:

  • Steven’s background and how he got into real estate
  • Learning through modeling successful investors
  • The very first deal (which was not that great)
  • How he set his goals
  • Knowing the right time to get serious
  • Direct mail and other marketing methods that worked for him
  • Partnering with great people
  • From zero to 75 deals within two years
  • Raising money from private investors
  • Renting his personal home on Airbnb to pay the bills
  • Living frugally to get the business running
  • Not taking a paycheck until year two so he could invest in people and growth
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s not about how I may get rich, but it’s about how am I going to learn everything that I possibly can.” (Tweet This!)
  • “We’re not doing anything special, we’re just doing it.” (Tweet This!)
  • “It’s a very simple business, but it’s not that easy.” (Tweet This!)

Connect with Steven

Dec 20, 2018
308: From 0 to 400 Units in 3.5 Years with Sterling White
01:09:19

Would your life be positively impacted by owning over 400 rental units? What if you could get there in under four years? On today’s show, we interview BiggerPockets contributor Sterling White, who has managed to do just that!

Sterling shares how he started his entrepreneurial journey selling Pokemon cards and eventually worked his way up to owning over 150 single family properties (and several multifamilies as well). He also shares how he finds 90-100% of his properties OFF MARKET using a five-step system for finding and closing on them (so simple anyone can do it), as well as the script he uses when speaking directly to sellers. You don’t want to miss his powerful secret for building rapport with potential leads (by sending a specific puzzle to them in the mail) and how he raises money to close on these properties.

If you want to scale your business and want the blueprint for how to do it, don’t miss this powerful episode!

In This Episode We Cover:

  • How Sterling got into real estate, working for free just to learn
  • Negotiating equity: What is it?
  • Why you possibly shouldn’t go the wholesaling route
  • The benefit of focusing on your strengths
  • How to work with your family and friends and branching out from there
  • How he finds deals—cold call mixed with direct mail
  • Why he sends Rubik’s cubes to prospects
  • Tips for creating a network of investors by building a funnel
  • What his team looks like
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You just have to train yourself to get past objections.” (Tweet This!)
  • “Share your story to other people who are where you were.” (Tweet This!)
  • “If you can’t negotiate the price, negotiate the terms.” (Tweet This!)
  • “Everything is selling. Even when you’re buying, you still have to sell.” (Tweet This!)
  • “We all have a short amount of time on this planet, so might as well go after your dreams and goals ultimately.” (Tweet This!)

Connect with Sterling

Dec 13, 2018
307: The Science Behind Setting and Achieving Big Goals
01:14:54

Raise your hand if this describes you: You start working toward a new goal with excitement, only to watch it eventually fizzle out to nothing. If you’re human, it’s likely you’ve experienced this phenomenon. Why is it some goals are just so hard to accomplish, whereas others we’re able to conquer with ease?

On today’s episode of The BiggerPockets Podcast, that’s exactly what you’ll discover. Diving deep into psychological research on goals, motivation, and time management, Brandon and David will pull back the curtain on how people set and accomplish big goals and give you a GPS toward changing your life forever. If there is one episode you listen to all year, let it be this one!

In This Episode We Cover:

  • The real estate G.P.S. system
  • GOAL
  • Specific
  • Difficult
  • Feedback
  • Commitment
  • Training your reticular activating system
  • Make sub goals
  • Reward yourself for small wins
  • PLAN
  • Why humans need processes and steps
  • Lead measures vs. leg measures
  • Learn the L.A.P.S. system on finding deals
  • Keystone habits
  • SCHEDULE
  • Schedule meet-ups
  • Set the behavior, time, and location
  • ACCOUNTABILITY
  • Why you may want to join a group that meets weekly with clear structure
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “When people wrote down their goals, they were 33% more successful in achieving them.” (Tweet This!)
  • “Subconscious is a powerful ally, but a terrible master.” (Tweet This!)
  • “Every goal you desire is preceded by a process required to get the results.” (Tweet This!)

Connect with Brandon and David

Dec 06, 2018
306: How to Go From a Few Units to Over 1,000 with Monick Halm
01:22:53

Are you looking to take your investing from casual to serious someday? Have you ever thought about what it would take to own thousands of units without having real estate run your life?

Well, you’re in luck! On today’s show, we interview Monick Halm. Monick’s story will blow you away as she shares how she went from house hacking a duplex in L.A. to owning over one thousand units! Monick’s super simple system for finding others to partner with and invest in her deals has allowed her to scale without creating an overwhelming amount of work for herself.

You’ll be amazed at Monick’s super simple formula for using the “three Cs” to find partners, her tips for raising private money naturally, and the effortless way she scales her investing. Do NOT miss her seven step criteria for choosing a new market and how to evaluate an area to find where it is in the market cycle (including which point you want to jump in at). Monick’s story is creative, encouraging, and inspiring to investors of all levels. Don’t miss out on this show filled with practical advice today!

In This Episode We Cover:

  • How Monick bought at worst time to get into real estate
  • How she partnered on her first house with a friend and each lived in one side (unique and creative house hacking technique)
  • How she met Robert Helms of the Real Estate Radio podcast and it changed her thinking
  • Her “Three C” system for evaluating potential partners to work with: Character, Commitment, Capacity
  • Her 7 criteria for choosing a market to invest in: Population growth, Job growth , Diversified economy, Landlord friendly, Business friendly, In the right part of the market cycle (rising market), Familiarity
  • How she ramped up her business by getting into syndication
  • Why finding “business friendly” markets will help ensure you have a healthy tenant pool
  • The four stages to a market cycle (and which one you want to look for when deciding when to jump in)
  • How she developed land to create an awesome RV park to satisfy a market with massive rental demand
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Relationship is very crucial in real estate investing.” (Tweet This!)
  • “Great talent does not cost you money; it makes you money.” (Tweet This!)
  • “Definitely, we’d have not gone where we are now if we were doing this alone.” (Tweet This!)
  • “Your network is your net worth.” (Tweet This!)

Connect with Monick

Nov 29, 2018
305: Financial Independence in Your 30s Through Just 5 Investment Properties with Brad Dantonio
01:06:14

Are you interested in retiring early with real estate but don’t want to manage hundreds of properties to do so? Today’s guest has managed to travel to 54 countries in the last three years after retiring in his 30s by owning just FIVE properties.

Brad Dantonio shares exactly how he reached financial independence at such a young age by focusing on three unique skill sets (and how you can, too). In this episode, you’ll learn how Brad has created “time wealth,” how he tracks every expense he has, and how he achieved the equivalent of a four-year degree while sitting in Houston traffic!

Brad also gives us the three tips he shares with young people (including how to take your journaling to a whole new level), how he forever changed his relationship to fear, and how learning the art of delaying gratification at a young age gave him an advantage over his competition for life! Brad has a fantastic story of overcoming adversity as a young child and using his setbacks as fuel to create the system he used to retire early and live the life of his dreams. If you want to use real estate to live your best life, this is an episode you don’t want to miss!

In This Episode We Cover:

  • How Brad got into real estate
  • How he increased his income every year for 13 years because he was fanatical about self-development
  • How journaling impacted his life
  • The story of him selling his software to make money and using it to to buy houses
  • How he ended up self studying about negotiation and sales
  • His offensive and defensive techniques on living less and earning more
  • The value of tracking expenses
  • Why he thinks he’s wealthier than billionaires through the concept of time wealth
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

Connect with Brad

Nov 22, 2018
304: Using Incredible Strength of Mindset to Succeed Despite Overwhelming Obstacles With Nick Santonastasso
01:04:27

If you’re looking to have your mind completely blown and walk away feeling like you can and WILL do anything, this show is for you! Today’s guest is inspirational figure, fitness model, and Vine sensation Nick Santonastasso.Nick shares his personal story and holds nothing back, describing how he’s overcome the difficulties of being born with Hanhart syndrome and the incredible mindset he’s developed along the way that led to him meeting Dwayne “The Rock” Johnson, becoming an online viral sensation (and scaring a character from The Walking Dead as a zombie), climbing a mountain despite the absence of three limbs, and more!

Nick shares tons of actionable steps for overpowering fear, overcoming and adapting to any environment, harnessing the power of gratitude, and more than we can list here! If you’ve ever been stuck in a personal rut and want to find a way to establish a mindset that ALL real estate investors should be adopting, listen to this episode and share it with someone you love!

In This Episode We Cover:

  • Nick’s story and a life with Hanhart syndrome
  • Changing your internal language
  • The story behind the skateboard handstand
  • The importance of having an authentic self
  • The “must be nice” syndrome
  • Thoughts on having a “massive footprint”
  • Breaking down goals
  • Modeling yourself on someone
  • Gratitude and why it’s important
  • Choosing empowering over disempowering thoughts
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The emotion of gratitude outweighs all emotions.” (Tweet This!)
  • “Humans in general have the tendency to start with ‘cannot.'” (Tweet This!)
  • “Everything in life is trial and error.” (Tweet This!)
  • “The biggest disability you can have is a bad mindset.” (Tweet This!)

Connect with Nick

Nov 15, 2018
303: Ouch! Brandon & David's 10 Biggest Investing Mistakes (& How to Avoid Them)
01:21:00

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 yet
  • The pros and cons of doing everything yourself
  • The danger of working with the wrong people
  • Stories of buying the wrong deal
  • How to avoid not managing people correctly
  • What can happen when you underestimate rehab costs
  • Why you shouldn’t put too much down on a property
  • The pitfalls of not doing enough market research
  • Avoiding investing because your state is too expensive
  • Not rehabbing correctly
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

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 David

Nov 08, 2018
302: Making $100k/Deal Using Other People's Money, Time & Experience with Cory Nemoto
01:24:53

Ever had an interest in house flipping but felt you needed help getting started? Today’s show covers that exact topic!

Cory Nemoto is an extremely humble but successful house flipper in Hawaii who is CRUSHING the game. On today’s show, Cory shares his personal strategies for keeping his pipeline full of great deals, what techniques he uses to make a minimum of $100k on each deal, how he partners with new investors to make everyone money, and his brilliant tips for building relationships with those most likely to build his business. You do not want to miss Cory’s unique strategy for using “debt-quity” to get deals brought to him before anyone else!

Cory has been so successful flipping houses in Hawaii that he’s moved his system to Seattle, where he’s crushing it there too—all using very simple methods built on relationships and creating win-win scenarios. If you’re looking for a can’t-miss way to build a profitable house flipping business, listen to this one!

In This Episode We Cover:

  • The two reasons you should NOT get into real estate investing
  • Figuring out your big “why”
  • Cory’s unique strategy for getting started
  •  What exactly “debt-quity” is
  • How he makes a MINIMUM of $100k on each flip
  • The networking strategy Cory uses to keep his pipeline full
  • Where he finds hungry, ambitious, and like-minded people to partner with and his brilliant strategy to connect with them
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Even if the profit is small, it doesn’t mean it’s not a good deal.” (Tweet This!)
  • “Every deal is different.” (Tweet This!)
  • “If you’re in it for the money and the image, then you’re not going to make it.” (Tweet This!)

Connect with Cory

Nov 01, 2018
301: The Incredible Power of Long-Distance BRRRR Investing with Alex Felice
01:09:29

Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the BRRRR strategy to buy fixer-upper properties in other states, then refinances to use the money to buy more deals!

Alex Felice shares his valuable insights on his criteria for analyzing deals, how he builds his out of state team, and why he’ll never look at a property in person! You won’t want to miss Alex’s strategies for overcoming the fear of investing long distance, as well as his plan for living broke on purpose and how he combines long-distance investing with the BRRRR method to build a portfolio that scales! Alex is a high-energy individual who is passionate about taking action and building the future he wants. Don’t miss your chance to learn from what he’s accomplished, and start making progress building your own portfolio now!

In This Episode We Cover:

  • Alexander’s back story and how he got into real estate
  • Why live-in flip?
  • His strategy of being broke on purpose
  • How he learned about the BRRRR strategy
  • Why he thinks being close to your property is a crutch
  • The importance of “skills that scale”: networking and education
  • How to complete a BRRRR in 8 weeks
  • What delayed financing is
  • How to know what a good deal looks like
  • What “unicorn paralysis” is and how to avoid it
  • His strategy in his own market
  • How to think like an underwriter
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Live life broke and save a bunch of money.” (Tweet This!)
  • “Being close to your property is a hindrance.” (Tweet This!)
  • “The only point of the first deal is to get the second deal.” (Tweet This!)
  • “As fast as you can, as slow as you need to, but don’t set your goals too small.” (Tweet This!)
  • “You want to convince people that are better than you to deal with you.” (Tweet This!)

Connect with Alexander

Oct 25, 2018
300: How to Invest in Real Estate—The Ultimate Show for Getting Started with Josh Dorkin, Brandon Turner, and 11 Rockstar Investors
02:22:15

What is the best way to get started investing in real estate? The problem with this question is that there are SO many different pieces of advice. That’s why we’re excited to bring you one of the most unique episodes of the BiggerPockets Podcast we’ve ever had. In this episode, Josh Dorkin is back—and he and Brandon deliver a series of interviews with some of the past guests from the BiggerPockets Podcast, including David GreeneKenyon MeadowsAndrew CushmanArianne LemireDarren SagerRyan MurdockTim ShinerAnson YoungZeona McIntyre, and Ben Leybovich.

In This Episode We Cover:

  • Why live and rent with Tim Shiner
  • Darren Sager on what real estate investing strategy to focus on
  • How to know if you’re ready with Ben Leybovich
  • How Zeona McIntyre converts any kind of property into rentals
  • Anson Young’s thoughts on when to tackle projects with grit and when to quit
  • Why Kenyon Meadows thinks you should find an in-person mentor
  • David Greene’s “one thing”
  • How Arianne Lemire analyzes a deal each day
  • Why Andrew Cushman focuses on process rather than outcome
  • Ryan Murdock’s concept of cash reserves
  • How to live-in flip with Mindy Jensen
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I really don’t care that much if I’m negative or positive. My bigger thing is appreciation.” —Tim Shiner (Tweet This!)
  • “You can’t do something until you are ready to do it.” —Ben Leybovich (Tweet This!)
  • “Everything that we do has a process.” —Brandon Turner (Tweet This!)
  • “You can go for an online course or YouTube videos, but you cannot replace that in-person mentor.” —Kenyon Meadows (Tweet This!)
  • “Stop thinking that what you need is someone to hold your hand and walk you through this.” —David Greene (Tweet This!)
  • “Daily, consistent action will lead to great results.” —Arianne Lemire (Tweet This!)
  • “Focus on the process and not the outcome.” —Andrew Cushman (Tweet This!)
  • “Failure is not a failure if you learn from it.” —Andrew Cushman (Tweet This!)

Connect with the Guests (through BiggerPockets)

Oct 18, 2018
No Money Investing – Four Techniques with Brandon Turner and David Greene
01:29:52
Would you like to invest in real estate but lack the capital? In this powerful episode of The BiggerPockets Podcast, Brandon and David dive deep into the topic to cover four unique strategies for building a real estate empire using other people’s...
Oct 11, 2018
299: HGTV Star Ken Corsini on Flipping, Rehabbing, & Building Homes Like a Pro!
01:12:47

Ever wonder about the REAL story behind the house flipping tv shows? On today’s show, we interview Ken Corsini, star of HGTV’s Flip or Flop Atlanta! Ken pulls back the curtain and shares fantastic insight and knowledge into several areas of real estate investing, from house flipping to new construction to owning a real estate brokerage!

In this episode, we cover Ken’s methods for finding deals in hot markets, how to recognize general contractor “price creep” (and what to do about it), and how to craft multiple exit strategies that will serve you in any market. Ken also shares some fantastic insight regarding his technique for staying flexible to protect himself from market downturns that you do NOT want to miss (if you value keeping money over losing it)!

In This Episode We Cover:

  • Why Ken kicks himself for selling houses he flipped
  • How he adapted to a changing market when hedge funds took over 
  • How he started a construction business to keep up with the growing demand for big rehabs
  • How he recognizes what the best strategy is for each market
  • What “price creep” is—and what to do when you find it
  • Why adaptability is your best ability
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “I don’t think you can stay relevant if you don’t watch the signs and learn to adapt your business.” (Tweet This!)

Connect with Ken

Oct 04, 2018
298: Thriving in Multifamily Investing (Even in a Hot Market) with Michael Becker
01:23:12

Interested in building giant wealth through multifamily real estate investing? Well, on today’s show, we interview someone who already has. Michael Becker is an experienced multifamily investor who’s mastered the genre and simplified the process for being successful! Michael shares what every new investor needs to know about avoiding the biggest mistakes in multifamily, how to invest no matter the market or how hot it is, four problems to watch out for that led to the last recession, and a lot more! You DO NOT want to miss the deep dive where Michael shares how he and his partners made $10M in profit using a combination of BRRRR, syndication techniques, private money, and prudent decision-making. If you’ve ever thought about moving into multifamily investing at some point, don’t miss this show!

In This Episode We Cover:

  • How Michael got into real estate
  • The value of partnerships and networking
  • Tips for buying 16 multifamily units
  • What a cap rate is
  • His thoughts on a crash and timing the market
  • How he raises money for a deal
  • Relationship-building and how it helps in any business
  • Advice for using webinars to pitch
  • Tips for raising capital
  • Why you want to keep presentations simple
  • Unique advantages of Fannie Mae and Freddie Mac loans
  • Single family rentals vs. multifamily
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s much better to be the borrower than the lender when it comes to investing.” (Tweet This!)
  • “All you really have to do is to close a deal or two.” (Tweet This!)
  • “The world is full of capital.” (Tweet This!)
  • “You don’t need to have everything. You just need to have access to it.” (Tweet This!)

Connect with Michael

Sep 27, 2018
297: Mastering the Decision-Making Process with Business (and World Series of Poker) Champion Annie Duke
01:44:48

In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.

In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition. Annie’s theories on “thinking in bets” are designed to help others navigate a world where we can’t be certain of an outcome, but still come out on top over time.

This is an absolute can’t-miss episode for those looking for strategies to overcome apprehension, fear, or uncertainty. Be sure to listen to this incredibly brilliant and powerful interview—and get the tools to take your next steps today!

In This Episode We Cover:

  • Annie’s backstory and how she got into professional poker
  • Her concept of risk management
  • Thoughts on luck and circumstances we have no control over
  • Elements of luck versus elements of skill
  • Pete Carroll’s endgame decision
  • The concept of “resulting”
  • What constitutes a consensus choice
  • Winning and losing—and caring about your decision-making process
  • The difference between real estate investing and poker
  • The importance of confidence and certainty
  • Why one shouldn’t be afraid of losing and being blamed
  • A champion versus a victim
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Every decision, even small executional decisions all the way to the larger goals, carries risks.” (Tweet This!)
  • “There are no small decisions.” (Tweet This!)
  • “The most important person we need to worry about pointing fingers at is ourselves.” (Tweet This!)

Connect with Annie

Sep 20, 2018
296: From Farm Boy Beginnings to $15M in Real Estate Holdings with Rock Thomas
01:19:25

What does it take to truly find financial independence? Money? Deals? Mentors? Or could it be something else entirely… something intangible? In this episode of the BiggerPockets Podcast, we sit down with Rock Thomas, a real estate investor and agent who shows others the simple mindset shifts needed to achieve financial freedom. In other words, it’s time to work on YOUR “money blueprint.” Through Rock’s story, you’ll learn the most important skills any individual needs to achieve in any field, the best way to find and attract mentors who can teach you the path, how to change your “operating system” to one that is far more successful, and so much more. With powerful stories, humor, and insight, Rock’s story is one you won’t want to miss!

In This Episode We Cover:

  • Rock’s backstory as a worker on a farm
  • What mentors look for into someone
  • How he used pain to propel himself forward
  • Saying yes to opportunities, no matter how difficult
  • The importance of having what it takes
  • Why you should seek out people with energy
  • Being the guy who solves any problem
  • The 4 money personality types
  • The type of properties he invests in
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Mentors, you want to admire them and you want to be them.” (Tweet This!)
  • “When you step in the room and you feel you’re not the smartest guy, you’re in the right room.” (Tweet This!)
  • “Get comfortable with being uncomfortable.” (Tweet This!)
  • “You can get anything you want in life as long as you are committed and creative.” (Tweet This!)
  • “Find what pisses people off and solve it for them.” (Tweet This!)

Connect with Rock

Sep 13, 2018
295: Using the Web to Land 8-12 Deals a Month with Melissa Johnson
01:09:27

Are you interested in learning how to flip 8-12 houses a month at $30k a pop? Well, this episode may be just what you’ve been looking for! On today’s show, we interview Melissa Johnson—house flipper extraordinaire and owner of the company Lead Propeller, a service that provides websites to help motivated sellers find real estate investors. Melissa provides some incredible information regarding how they find motivated sellers, how they negotiate deals, how they sync up with the best contractors! You won’t want to miss the three things your website NEEDS to generate seller leads, as well as the exact process to estimate rehab costs! Melissa and her husband Danny run the podcast Flip Junkie, and in this episode, they pull back the curtain to reveal the secrets to their business. Don’t miss out on your chance to learn from a seasoned pro!

In This Episode We Cover:

  • Melissa’s story of getting into real estate
  • How everything went wrong on her first deal 
  • Why she doesn’t recommend a “burnout
  • Their amazing average flip volume and profit (hint: 8-12 deals a month!)
  • Her top three lead sources
  • How she uses SEO to her advantage
  • Advice on putting up a website
  • A discussion on flipping vs. wholesaling
  • How to find the right contractor
  • Tips for figuring out rehab costs
  • Things to do when you go over budget
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “We are selling them solutions to their problems.” (Tweet This!)
  • “Sellers feel more comfortable with people who seem real.” (Tweet This!)
  • “We need to be the ones in control of the situation, not the contractor.” (Tweet This!)

Connect with Melissa

Sep 06, 2018
294: Meet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCue
01:20:14

Are you happy with the current state of your real estate business? If you’re like most people, the answer is no. On today’s show, we interview property management superstar Jesse McCue and dig deep into how he’s became Maine’s top property manager as well as a successful RE investor along the way. Jesse shares how he formed a partnership with a successful business to become an owner of the company, as well as how he bought a 67-unit hotel off of a tip from his electrician for half of its appraised value! You’ll be amazed as he describes a strategy that is “better than BRRRR”—and most importantly, the number one question you need to ask a property manager to find out if they are the right choice for you. If you want to learn how to put fundamental business skills to work in your investment business, this is a show you do not want to miss!

In This Episode We Cover:

  • How Jesse was bitten by the real estate investing bug
  • How he turned around a property in 6 months that required 8 years of budgeted rehab money
  • The tactics he uses to hire people to help him scale his business
  • How he made himself invaluable to a rising star and formed the perfect partnership 
  • The questions you need to ask a property manager to determine if they are a rockstar or a dud
  • Tips on buying a motel
  • The “better than BRRRR” strategy
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “When you know the people, you know what’s going on.” (Tweet This!)
  • “If you are unhappy, your systems are broken.” (Tweet This!)
  • “Do the things that make you feel light and not the things that make you feel heavy.” (Tweet This!)

Connect with Jesse

Aug 30, 2018
293: How to Retire Early With Real Estate & Do What Matters More with Chad Carson
01:06:57

Have you ever thought about retiring early, traveling, and living your best life now? On today’s show, we interview Chad Carson, author of the new BiggerPockets Publishing book Retire Early With Real Estate.

Today Chad shares how he and his partner were able to accumulate 90 units and live purely off the money generated by their portfolio! In this episode, learn how Chad got started and the steps he took to elevate his business and which strategies he used to make $120,000 on one flip!

Chad’s story covers the gamut of flipping, wholesaling, buy-and-hold, and more. If you want to know what it looks like to retire early with real estate (including what you may be doing wrong right now, and how to change that), this is an episode you definitely want to download now!

In This Episode We Cover:

  • Chad’s strategies for retiring early through real estate
  • If focusing on cash flow or equity is the smarter move
  • How to control your budget
  • If offense or defense is more important when it comes to building wealth
  • How Chad made $120K in one flip
  • How tax-lien strategies work — and what Chad did to capitalize on them
  • Why “starter” investment homes aren’t always the best choice to stick with
  • How to transition from wholesaling to other investment strategies
  • How many hours you can expect to work each week once you’ve retired early with real estate
  • How “the stack” can help you grow your portfolio fast and efficiently
  • How house hacking can lead to an early retirement
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Our core skill as an investor is figuring the value of real estate.” (Tweet This!)

Connect with Chad

Aug 23, 2018
292: 200+ Deals in the First Four Years with Ryan Pineda
01:14:13

Can you really create a massive real estate empire in a short time when starting with almost nothing? In today’s episode, you’ll not only discover that it’s possible, but you’ll see exactly how it was done. We sit down with Ryan Pineda, a former baseball player who got his start with just $10k while doing deals from the dugout. Ryan shares with us the exact strategies he’s using to more than double the number of deals he’s doing each year—and how he’s done that for the past four years. You’ll learn how he’s finding enough leads to flip 10 deals a month, how he’s able to buy long-distance, how he’s leveraging others so he can get more done, and much more.

In This Episode We Cover:

  • Ryan’s background and how he got into flipping
  • How he started flipping everything (including couches!)
  • Closing 100 deals
  • The details of his first deal
  • The difference between hard money and private money lenders
  • What his business looks like
  • Using relationships to find deals
  • How agents can influence a deal
  • Finding great wholesalers and getting deals from them
  • How Ryan’s funnel works
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You have to know what the other roles need in order to train somebody to do it.” (Tweet This!)
  • “Wholesalers are contract flippers.” (Tweet This!)
  • “If the numbers work for me, then let’s do business.” (Tweet This!)

Connect with Ryan

Aug 16, 2018
291: How to Build a Business That Helps Find Deals Before Anyone Else with Neal Collins
01:16:16

Are you struggling with finding deals in today’s market, where the best properties go fast? On today’s show, we interview Neal Collins, an investor in the red hot Portland Oregon who has figured out a way to find deals before anyone else even sees them! Neal shares the brilliant strategy he’s created to build a world where the best deals find him.

In this show, you’ll learn how Neal was able to find a 4-plex to house hacked—and how he made an additional $8-10k a month, as well as how he built a property management company and real estate brokerage (hint: he created an army of deal finders that get paid to make him money and find him deals) where he does none of the work but reaps all of the profits, and his brilliant, simple strategy for raising private money than anyone can replicate (he really hits the nail on the head with this one).

If you’re looking for a solid, profitable, and step-by-step process to make money and build wealth with real estate, you won’t want to miss how Neal did just that!

In This Episode We Cover:

  • Neal’s journey to real estate investing
  • How he accidentally got into seller financing
  • The importance of being able to pivot and change investment strategies
  • The kinds of properties he looks for
  • His thoughts on Airbnb and short-term rentals in general
  • How he got into managing other people’s properties
  • His experiences managing 200 units and owning a brokerage
  • Three things every investor looks for: returns, security, and customer service
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “They talk about the numbers, but they are not talking about the work.” (Tweet This!)
  • “You have to leverage other people’s time and experience or build systems so that you can leverage your own time to do that.” (Tweet This!)
  • “The deals are not going to come to you. If you’re not consistently swinging the bat, you’re not going to hit the ball.” (Tweet This!)

Connect with Neal

Aug 09, 2018
290: 7 Paths to Financial Independence with Brandon & David PLUS Josh Dorkin Tells Us Where He’s Been!
01:56:57

Are you ready to get really excited about the life possible through real estate? This show will go down in BP history as one of the foundational episodes: Brandon Turner and David Greene dive deep into seven unique and powerful strategies for building a real estate business that can fill your life with cash—not work. You’ll love the humor, the stories, the lessons, and the tips throughout! This episode is one you’ll come back to time and time again. Plus — as an added bonus — Josh Dorkin comes back to the BiggerPockets Podcast to explain where he’s been and what the future of the BiggerPockets Podcast will look like! Don’t miss a moment of this powerful show!

In This Episode We Cover:

  • Cashflow through rental properties
  • What a turnkey property is and who it’s for
  • BRRR Strategy
  • Challenges with BRRR investing
  • Note investing, lending, syndication, & crowdfunding
  • The scale of passivity
  • The first question David asks to people who want to do business with him
  • House flipping
  • Ways to become a CEO of a flipping business
  • Multifamily investing
  • Buying one house a year
  • The Stack
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The goal is to buy a house as cheaply as you possibly can and make it worth as much as you possibly can.” (Tweet This!)
  • “With every hire you make, your business should make more money.” (Tweet This!)

Connect with Brandon and David

Aug 02, 2018
289: Using Other People's Money to Build Your Real Estate Empire with Matt Faircloth
01:09:24

Building a real estate business can be one of the best ways to achieve financial freedom. The problem for most, however, is money: There simply isn’t enough in your hands to get all the deals you want. That’s why today’s show might be the most impactful podcast episode you’ve ever heard. In today’s interview with Matt Faircloth, author of the new book Raising Private Capital, shares the steps needed to begin raising money from others to fund your real estate deals. You’ll discover the different types of private capital (and how to approach each), how Matt and his wife were able to grow from 30 units to over 300 (!) using other people’s money, and why talking about metrics to a private lender might not be a great idea at first. If you want to 10x your real estate portfolio or build your empire faster, this is one show you can’t afford to miss!

In This Episode We Cover:

  • Who Matt Faircloth is
  • How they’ve reached 380 units to date
  • Tips for building wealth by investing in business
  • What you should know about opportunity cost
  • Finding deals versus making good deals
  • How to raise private money
  • Tips for starting a business with friends and family
  • role-play call with David
  • The number one question potential cash providers ask
  • Why you should start with debt
  • new way to look at debt
  • When the SEC gets involved
  • About his book
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “When it comes to raising money, you got to establish trust first.” (Tweet This!)
  • “People should start with debt.” (Tweet This!)
  • “It’s not about finding good deals, it’s about making good deals.” (Tweet This!)
  • “You’ve got to squeeze the lemon and make something out of it.” (Tweet This!)

Connect with Matt

Jul 26, 2018
288: 75 Rental Units in Their Early 30s with Jason and Carrie Harris
00:55:51

It takes a long, long time to become successful in real estate and financially free — doesn’t it? Well, not according to the power couple on today’s show! In this episode of the BiggerPockets Podcast, we sit down with Utah’s Jason and Carrie Harris, who have built a sizable portfolio of more than seventy rental units over the past few years. These two have used a variety of creative financing strategies, and the lessons and stories they share are sure to inspire and educate you! Be sure to listen for the story of how they bought a four-plex for no money down, put $3,000 into it, and later made $186,000 in profit from that one deal. It’s unbelievable!

In This Episode We Cover:

  • Why real estate?
  • Their first deal
  • How they bought a four-plex and house-hacked it
  • How they finance their deals
  • Working their way with the bank
  • Their current number of doors
  • Commercial financing, residential financing, and partnerships
  • Analysing multiple properties
  • deep dive on a deal
  • Raising the rent and without losing tenants
  • Lessons learned from an amazing deal
  • Buying properties with no money down
  • Upselling to their clients
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “We didn’t have a lot of money so we had to find ways to be creative.” (Tweet This!)
  • “You find a good enough deal, the money’s going to be there.” (Tweet This!)
  • “There’s a way there’s a solution. You have to make it work.” (Tweet This!)

Connect with Jason and Carrie

Jul 19, 2018
287: Putting Together Real Estate Deals Using Creativity Instead of Cash with Shiloh Lundahl
01:16:24

How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real estate investor who specializes in putting together deals using a variety of different no- and low-money strategies in some pretty unique combinations. From utilizing business lines of credit, to bringing in partners, to hard money, to lease options and beyond, this episode will give you tons of ammunition for your own creative finance deals. And don’t miss the incredible strategy that Shiloh uses today to make 300 percent more per deal than if he were to flip the home. It’s pretty darn fantastic!

In This Episode We Cover:

  • How Shiloh started his real estate investing journey
  • The book that helped him heal
  • Details about his first property
  • Office hacking and subleasing a sublease
  • His first flipping deal — $30K turned to $195K
  • How he bought his dream car
  • Losing $5K on his first flip
  • A hack with city inspectors
  • The importance of needing an assistant
  • The six different strategies he uses creatively
  • Moving to a lease-option model
  • Getting $800K in business lines of credit
  • Lease options and how he uses them
  • Selling properties 5–7 percent higher than the current ARV
  • Explaining lease option through videos
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

Connect with Shiloh

Jul 12, 2018
286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne
01:16:15

Ever have a conversation that is just impacts your life so powerfully you wish you could share it with everyone? That’s exactly what our conversation on today’s episode of the BiggerPockets Podcast is! Our guest, AJ Osborne, shares an incredible story of building his real estate business — which focuses on self-storage facilities — as a way to transition his family from rich to wealthy (and yes, there is a difference!) This show is packed with insight from AJ, including:

  • How a loss on his first deal directly led to millions of dollars in later profit
  • How to find underperforming real estate deals
  • How he made $13,000,000 in equity from a old Kmart building
  • And the medical emergency that put his real estate to the ultimate survival test while AJ fought for his life (this story will shock, amaze, and inspire you!)

This show is one of the most powerful episodes yet of the BiggerPockets Podcast, and we’re excited for you to dive in!

In This Episode We Cover:

  • His first deal that didn’t go the way he wanted… but the logic behind doing that deal (super important for every newbie)
  • The difference between being rich and being wealthy
  • Picking a wealth vehicle — and the difference between a Ferrari and a train
  • How to find an underperforming self storage building and turn it around (applies to any kind of real estate)
  • The Kmart story that helped him build around $13,000,000 in equity 
  • Price / Convenience / Quality
  • Coma: “One of the most incredible stories I’ve ever heard”
  • Subsequent: Does your business survive “the coma test”?
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!)
  • “There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!)
  • “The economic downturn was my lucky break.” (Tweet This!)
  • “Work ethic is not enough.” (Tweet This!)

Connect with Aj

Jul 05, 2018
285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul Moore
01:01:00

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 estate
  • Bought a house for $34,000—painted it, and sold it for $65,000
  • Never fall in love with a deal
  • From two failed flips to 50 successful ones!
  • The difference between gambling and investing
  • How he built a Hyatt hotel with a partner and lost money
  • Some reason behind the dropping of homeownership
  • Why he thinks multifamily properties are perfect investments
  • How he looked at 180 deals this year
  • He 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 later
  • Financing an $8.7 million multifamily property
  • What is a green loan program?
  • The journey to a syndication process
  • How he’s been able to write a book, have a podcast, and write for BiggerPockets
  • Networking through BiggerPockets
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

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 Paul

Jun 28, 2018
284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David Osborn
00:56:36

Wealth is not an accident, it’s a choice. And on today’s powerful episode of The BiggerPockets Podcast, you’ll learn exactly how to make that choice each and every day. We’re excited to bring back two return guests, Hal Elrod and David Osborn, to talk about the choices that wealthy people make to ensure they stay focused on reaching their goals. You’ll hear about Hal’s recent battle with cancer and the mindset that allowed him to overcome the odds and live. You’ll discover how your diet can make you wealthy and how to command your day from the moment you wake—even if you aren’t a morning person. And you’ll discover the powerful concept of having an “air game” in addition to your “ground game”—and how understanding the distinction can make you wealthier than you have ever dreamed. Packed with wisdom, humor, and incredible insight, this show will leave you pumped up and ready to choose wealth.

In This Episode We Cover:

  • Hal’s cancer survival story and the Miracle Morning movie
  • David’s latest updates
  • What their miracle mornings look like
  • How Miracle Morning for Millionaires came to be
  • Overcoming the “but I’m not a morning person” objection
  • How to own your agenda
  • Choosing to be wealthy
  • How to find the right group of people
  • The thing that’s more effective than work ethic
  • Tips on self leadership
  • How to develop unwavering focus
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!)
  • “There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!)
  • “The economic downturn was my lucky break.” (Tweet This!)
  • “Work ethic is not enough.” (Tweet This!)

Connect with Hal and David

Jun 21, 2018
283: 18 Houses in the First 18 Months with Paul Thompson
01:19:38

Start slow—or take off like a rocket? When it comes to real estate investing, the choice isn’t the same for all. This week, our guest Paul Thompson made a clear choice: Rocket! After realizing the fragile nature of his six-figure salary, he set out to replace his salary with passive income—as quickly as possible. This led him to average a new home purchase every month for the first year and a half, and soon he had true financial freedom and quit his 9–5. This show is packed full of actionable tips, including some never-before-heard-on-this-podcast strategies for finding deals with the use of virtual assistants, Craigslist, and cold calling! This is one episode for which you’ll need to take some notes, so grab a notebook and let’s get into it!

In This Episode We Cover:

  • Paul’s backstory prior to real estate investing
  • His first deal doing the BRRRR method
  • What is escape velocity?
  • P.I.L.E. (Passive Income greater than your Living Expenses)
  • How he manages his properties
  • Finding private money lenders through BiggerPockets
  • His system in making offers
  • Things he looks for in each deal
  • How to negotiate for seller financing
  • Subject-to explained
  • Why does he L.I.E. every day?
  • His interesting thoughts about money
  • How he balances his time
  • The third-party catalyst
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “How many deals do you have is the wrong question to ask. It’s how much cashflow are you generating?” (Tweet This!)
  • “Never assume that what is important to you is important to the other party.” (Tweet This!)
  • “There is plenty of money for the things you really want.” (Tweet This!)
  • “You don’t want cash, you want what cash can give you.” (Tweet This!)

Connect with Paul

Jun 14, 2018
282: How to Create the Perfect Partnership with Tim and Jay
01:21:45

When does one plus one equal WAY more than two? Real estate partnerships! On this episode of The BiggerPockets Podcast, we sit down with two real estate investors (Jay Helms and Tim Kelly) who were attempting to build their business alone, but found they could do far more together. In this fun and fast-paced interview, you’ll learn what makes their partnership so successful, as well as how the team analyzes a market (including several can’t-miss online research websites), and how they took down a 42-unit apartment complex using some pretty fantastic creative financing. Whether you plan to build your empire alone or alongside a partner, this episode is sure to give you a variety of tips and strategies to help your business take off.

In This Episode We Cover:

  • Tim’s background story and how he got into real estate
  • Using 203k loans to buy deals
  • Jay’s background and his live-in flip
  • Why they think they make up a good team
  • How they closed on an apartment complex 6-months after partnering up
  • How they found the deal and details about it
  • The importance of a clear and concise plan
  • How they financed the deal
  • Tips for finding the right partners
  • How to create a “sample deal package”
  • What to look for in a partner
  • Why they participate in the BiggerPockets Forums
  • How to network effectively
  • What a good deal is for them
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Is there a better way to first get involved in real estate than to leverage the power of the bank?” (Tweet This!)
  • “Once you figure out your why, then you will be able to set goals to support that why.” (Tweet This!)
  • “It’s more important to pick something than to get stuck choosing the right thing.” (Tweet This!)
  • “I want to live where I want to live and invest where it makes sense.” (Tweet This!)

Connect with Tim

Connect with Jay

Jun 07, 2018
281: How to Get Your First Deal—An Episode For New Investors With Bill, Jacob, and David!
01:50:52

Your first deal might just be your most important — because it leads to all the rest. That’s why it’s so imperative to study others who have just recently purchased their first deal! So today we’re excited to bring you a mashup episode, in which we sit down with three different investors to hear how they bought their first few investment properties. You’ll hear how Bill went from ex-con to house hacker, how Jacob used some highly creative methods to find his first deals, and how David is building an empire from across the ocean. Don’t miss a moment of this powerful episode!

In This Episode We Cover:

Bill

  • Being imprisoned for 10 years
  • What changed in prison for Bill
  • Starting your business on the side
  • How he ended up investing in real estate
  • What went in his head with his first investment property
  • The beauty of keeping expenses low
  • Having tiny little steps

Jacob

  • Jake’s investing path
  • How he got into real estate
  • Buying a $25,000 house with a $140 monthly mortgage
  • Going for the smaller banks
  • Investing at a very young age
  • Joining local Facebook pages
  • His criteria for finding properties

David

  • David’s story and how he got to Hawaii
  • BRRR, OD, and HELOC
  • Paying close to 5 percent on a 10-unit apartment
  • Having a great team you can trust
  • How he built a meet up in Hawaii
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “My success story didn’t started when I got out (from prison), it started right away in the very beginning.” (Tweet This!)
  • “Quit the things that are holding you back and have you put in the exact location you are.” (Tweet This!)
  • “Find a market that makes sense.” (Tweet This!)
  • “I want to buy something that is certainly desirable.” (Tweet This!)
  • “Highest risk is vacancy.” (Tweet This!)
  • “Become a person worth being around.” (Tweet This!)
  • “If they’ll like you, they’ll join.” (Tweet This!)

Connect with Bill

Connect with Jacob

Connect with David

May 31, 2018
280: The Key to Making Great Deals (Hint: Overlooked Properties!) with Mark Hentemann (Writer for TV’s Family Guy!)
01:18:29

On today’s show, we sit with Mark Hentemann, a writer and producer for TV’s Family Guy who also invests in Los Angeles real estate! Mark shares his incredible success stories, which include his trick for finding overlooked properties, house hacking for massive profits, adding value and utilizing the 1031 exchange—plus more! Mark’s strategy for filtering data will save you tons of time and help you find the deals others are missing. Listen and learn how Mark got into real estate investing through house hacking—and how that led to an $800,000 profit on his first deal! This episode is absolutely packed with motivating advice and fantastic ideas for getting started. Bonus? It will make you think and make you laugh!

In This Episode We Cover:

  • Mark’s day job as a writer for Family Guy
  • The first deal that gave him buyer’s remorse
  • Having a friend as a first tenant
  • Selling that first deal for $1.27 million
  • The $250 dishwasher story
  • What’s a 1031 exchange?
  • Buying with solid fundamentals
  • Finding low-cost-per-square-foot buildings
  • Having the perfect open house
  • Finding deals in today’s difficult market
  • The river mentality in regards to moving forward
  • The people on his team
  • Finding people in the BiggerPockets community
  • His metric called “leverage cost per square foot”
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s really valuable to be able to sit back and wait for the deal to come to you.” (Tweet This!)
  • “Everyone’s got an opinion on why things are a bad deal.” (Tweet This!)
  • “Leverage is the one common denominator.” (Tweet This!)
  • “When you make the money, handle it well, be careful, don’t waste it, invest it.” (Tweet This!)

Connect with Mark

May 24, 2018
279: How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman
01:13:25

Are you ready to jump into real estate investing, but don’t believe you can find deals in today’s hot market? In this episode, we sit down with multifamily expert Andrew Cushman, who’s actively doing deals in today’s market — and turning big profits. In this show, Andrew explains how he’s finding deals, what metrics he uses to qualify them, where he’s buying today, and what his secret tricks are for finding the “overlooked opportunities” most investors miss — including how he found an amazing deal in the “trash can” for bad deals!

You’ll love hearing how Andrew creates millions of dollars in equity and builds relationships with deal-finders so that they bring him the best deals first. Be sure to download this episode and share it with your friends, so you, too, can master the secrets that the pros are using to snag killer deals!

In This Episode We Cover:

  • Andrew’s backstory
  • How to make deals rather than find them
  • The ABCD neighborhoods — what are they?
  • What specific properties Andrew is looking for
  • His effective screening criteria for finding properties
  • An in-depth story on one deal
  • Net operating income (NOI)
  • Understanding how properties are valued
  • Challenges Andrew faced over the years
  • Finding great contractors
  • Andrew’s many rental property units
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “The person who wants it the most, loses.” (Tweet This!)
  • “You can completely destroy an investment with the wrong people managing it.” (Tweet This!)
  • “Don’t wait to buy Real estate. Instead, buy real estate and wait.” (Tweet This!)
  • “The best way to spot a great deal is to look at 99 bad ones.” (Tweet This!)

Connect with Andrew

May 17, 2018
278: The “Boring” Path to Massive Real Estate Success with Charles Roberts
01:12:15

Real estate is sexy… most of the time. But is that really what makes it profitable? On today’s show, we sit down with Charles Roberts, an investor and agent from the Denver market. He explains that the secret to success is far more boring than we like to admit. In this episode, we explore Charles’s story and the lessons he’s learned over his 20+ year career, including how his first deal failed miserably, how he helped another investor retire through rentals in just five years, and his strong belief that the deal isn’t as important as most investors think — plus so much more! Charles is incredibly wise, and he has years of experience — so this is one episode that you’ll come back to time and time again.

In This Episode We Cover:

  • How Charles got started by buying his first duplex
  • 15-year loan vs. a 30-year loan
  • How he managed to go full time as a fix-and-flipper
  • What went wrong — despite having 29 properties
  • Should newbies get into flipping?
  • Figuring out what works and what doesn’t
  • What Charles looks for in a partner
  • The benefits of helping someone else achieve success in real estate
  • Scaling, and what he thinks about it
  • Why lending is important in real estate
  • Work harder not smarter
  • Where is he finding deals
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “We think that everybody else is stupid but it turns out we’re the ones stupid.” (Tweet This!)
  • “You don’t know anything until you do it.” (Tweet This!)
  • “You want to work with people you like.” (Tweet This!)
  • “The harder you work the smarter you end up.” (Tweet This!)

Connect with Charles

May 10, 2018
277: Building a Six-Figure Family Real Estate Business with Ashley Wilson
01:07:50

Many families can’t even enjoy a holiday meal together — but today’s guest has built a real estate empire with hers! Today we sit down with Ashley Wilson, a house flipper who got started investing in real estate while living overseas in Europe. Today, Ashley shares how she has been able to generate six-figures in profit — almost from the beginning — using a highly systematic approach to building wealth. She also drops some huge knowledge bombs with advice on finding and funding deals — and even some never-before-heard advice on knowing what features to put into your next rehab!

In This Episode We Cover:

  • How Ashley and her family got involved in real estate
  • House hacking their way in the beginning
  • The dynamics of the family business
  • Ashley’s specialty
  • How they split the profit
  • What it’s like working with a family
  • Finding what is “light work” for you
  • Long-distance investing and the core people on your team
  • How she finds deals
  • Close-to-close houses through “stacking”
  • How she designs homes
  • How they finance their deals
  • Her plans for the future
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

Connect with Ashley

May 03, 2018
276: Early Retirement ($10k/Month) by Age 35 with Bryce Stewart
01:21:14

Why work at a lame job until you’re too old to enjoy the life you’ve been given? If you are looking to get out of the rat race earlier, this is one episode you can’t afford to miss. Today on The BiggerPockets Podcast, we sit down with Bryce Stewart, a former school teacher who was able to quit his job at age 35 through the smart purchases of small multifamily properties. Bryce shares his powerful story on how he was able to build a portfolio of 22 units that give him $10,000 per month in income. Bryce also shares a phenomenal concept he called “vacuuming the truck,” which could change the way you think about real estate (and life) forever.

In This Episode We Cover:

  • Bryce’s special introduction
  • His inauspicious beginning as a real estate investor
  • What he learned from his mistakes
  • How a friend who lives for free in his apartment influenced him
  • What he’s learned from having his first duplex
  • What you should know about PITI
  • How he financed the purchase of his duplex
  • The upsides of being a landlord
  • The risks of real estate investing
  • The “vacuum truck” story
  • The number of units he has and the reason he retired
  • How to seek out “hidden ROIs”
  • How he finds and funds deals
  • What his future looks like
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You can live more cheaply by buying a multifamily.” (Tweet This!)
  • “Sometimes you need a partner to push you to be a little stronger.” (Tweet This!)
  • “You don’t want to mitigate the risk of real estate. They are there.” (Tweet This!)

Connect with Bryce

Apr 26, 2018
275: Buying 300 Homes While Working a Full-Time Job with Attorney Rob Oliver
01:15:28

“The wrong lease could cost you $15,000 or more.” That’s one lesson of many you’ll get today on this powerful episode of the BiggerPockets Podcast. In this show, we sit down with real estate investor and attorney Rob Oliver to learn how he went from helping other investors buy real estate to owning over 300 condo units while working full-time. In addition to his incredible story, you’ll also get keen insight into the world of real estate investing from the eyes of an attorney—without the $250 billable hour! You’ll learn the importance of a strong lease (and what happens if you don’t have one), as well as instructions on how to find a great attorney and get the most from the attorney for the least cost.

In This Episode We Cover:

  • How Rob got started in real estate
  • The journey from lawyer to investor
  • How to find properties other investors aren’t looking for
  • Why he invests in condos
  • Tips for investing while working full-time
  • Advice for those starting out in real estate investing
  • The different hats he wears and what he does in his business
  • How to grow a 100-unit portfolio
  • What to do with nonpaying tenants
  • How to find a great lawyer
  • Why it’s OK to cancel a deal
  • What his future looks like
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You don’t need to know everything before you get into a deal. There is actually time to research it.” (Tweet This!)
  • “Each deal that you cancel, you learn something from it.” (Tweet This!)

Connect with Rob

Apr 19, 2018
274: “Because of These 3 Simple Rules, I’ve Bought Over 600 Units and Never Lost Money” with Paul Morris
01:25:03

What rules govern your real estate investing strategy? For most, it’s a tough question to answer. But not for today’s guest, Paul Morris. Paul, co-author of the bestselling Wealth Can’t Wait, has been investing in real estate for more than twenty years and has never lost money, all because he abides by three simple rules. Today, Paul also discusses the power of mindset in building wealth, the key to investing in emerging markets, and much more. This episode will surely inspire, motivate, and educate you to continue your journey toward financial freedom.

In This Episode We Cover:

  • How Paul got into real estate investing
  • Using syndication to do your deals
  • The types of properties he is buying
  • Stick with what you know
  • The three rules
  • Buying where you know
  • How to buy in an expensive area
  • The 24-hour city
  • What’s the barrier of entry on real estate?
  • What is an emerging neighborhood?
  • An interesting story about a keynote speech
  • What is hard work?
  • 10x your goals
  • How we affect others and vice versa
  • Living life to the fullest
  • Hire people who will love you
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You can’t do everything on your own.” (Tweet This!)
  • “You buy where you know.” (Tweet This!)
  • “The thing that stops people form taking action is the fear of loss.” (Tweet This!)
  • “Your net worth will never exceed your self worth.” (Tweet This!)
  • “What got us here will not get us there.” (Tweet This!)
  • “There’s a lot more hard money out there than there are good deals.” (Tweet This!)

Connect with Paul

Apr 12, 2018
273: An Introduction to Passive Income Through Real Estate Note Investing with Dave Van Horn
01:06:34

Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches: note investing. In this episode of the BiggerPockets Podcast, we sit down with Dave Van Horn, author of Real Estate Note Investing, to talk about how anyone can get started with real estate note investing—even as a first investor. In addition to a great conversation about notes, you’ll also hear some of Dave’s powerful strategies for getting his real estate offers accepted, how he started his investments using the BRRRR strategy (with credit cards!) and much, much more.

In This Episode We Cover:

  • What is a note?
  • The types of notes available
  • Ways to start investing in notes
  • How much cash one needs to have a note
  • Dave’s backstory as a real estate investor
  • Dave’s shift to note investing
  • What hard money is
  • Three things you need to put together a deal
  • Getting bank financing
  • Performing vs. non-performing notes
  • Shadowing and how to do it
  • Making multiple offers
  • What happens when a performing note becomes a non-performing note?
  • About the book
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s not only about what you’re paying, it’s about how you’re paying it.” (Tweet This!)
  • “You don’t need any money, you just need a deal.” (Tweet This!)

Connect with Dave

Apr 05, 2018
272: No Money, No Deals, No Time? Overcoming Real Estate’s “Big Three” with Brandon Turner & David Greene
01:30:29

Struggling to build your real estate empire? Not after this show! It’s time to put the no money, no deals, and no time excuses to rest. This episode is 90 minutes of pure fire, as Brandon and David systematically help you overcome the “big three” roadblocks most real estate investors encounter. You’ll learn how to fund your next deal no matter how much cash you have (or don’t have). You’ll find that deals are out there — if you are willing to follow the tactics and processes laid out here. You’ll also learn how anyone can invest in real estate — even if you have only a few minutes a day. Today’s episode is unlike anything you’ve heard before, so grab a pen and a notebook and prepare to annihilate your “big three!”

In This Episode We Cover:

  • Having more options through continued education
  • Why finding better deals comes first before finding money
  • Ways to do deals with no money down
  • Private-money and hard-money lenders
  • The BRRRR strategy
  • Seller financing: how it works
  • Finding deals
  • Understanding how properties are valued
  • Having the right process in finding deals
  • The L.A.P.S. funnel
  • Ways to “fill” the funnel
  • Getting a real estate agent
  • Direct mail, driving for dollars, and many more strategies
  • Finding time to invest in real estate
  • The 1 percent rule
  • Finding the right people
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The more you learn about real estate, the more options you have.”(Tweet This!)
  • “You’re doing the lender a favor by giving them a way better return with their money.” (Tweet This!)
  • “Good deals are not found, good deals are made.” (Tweet This!)
  • “The process is more important than the specific tactic.” (Tweet This!)
  • “At the end of the day, consistency is what matters.” (Tweet This!)
  • “Real estate is market specific.” (Tweet This!)

Connect with Brandon

Connect with David

Mar 29, 2018
271: Buying 12+ Real Estate Deals Every Month (And How to Lose $750,000) with Sam Craven
00:58:09

Real estate investors love to talk about their successes, but most refuse to talk about their failed deals. On today’s show, we hit both of those points hard when we sit down with Sam Craven to talk about how his wholesaling business generates hundreds of thousands of dollars each month in revenue — and the mistakes that led to him losing over $750,000 from his rehabbing business. You’ll also discover the exact strategies Sam is using to fill his deal pipeline, plus advice for those of you who are just starting on your real estate journeys.

In This Episode We Cover:

  • Who Sam Craven is and how got started investing six years ago
  • Figuring out your one thing
  • How Sam lost 3-quarters-of-a-million dollars
  • Focusing on what you are really good at
  • How Sam’s business has evolved
  • Why he spent $1 million for marketing in a year
  • Do you need to get your real estate license?
  • Direct-mail marketing and other paid marketings
  • Growing by acquisition
  • What does wholesaling mean to you?
  • Having a closed group of buyers list
  • How Sam motivates himself to keep going
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Know what you’re good at and know what your end results to be.”(Tweet This!)
  • “You cannot have success without failure.” (Tweet This!)
  • “If your goal and your why is bigger than any other problem you can face, you can overcome anything in the planet.” (Tweet This!)
  • “Systems make your business a business.” (Tweet This!)

Connect with Sam

Mar 22, 2018
270: Turning Your Primary Residence Into 40 Units & Financial Independence with Amy Arata
01:11:18
Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals—enough to achieve financial independence? On today’s episode of The BiggerPockets Podcast we sit down with Amy Arata,...
Mar 15, 2018
269: How the New Tax Code Affects Your Real Estate Investments with Amanda Han and Brandon Hall
01:00:49

Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the BiggerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping real estate investors navigate the tax code! Amanda Han and Brandon Hall join us today as we dive deep into the new changes—plus tackle some of the most common questions new real estate investors ask!

In This Episode We Cover:

  • Who are Amanda and Brandon?
  • Changes of the new tax bill
  • What is passthrough deduction?
  • Increasing the depreciation schedule
  • The concept of cost segregation
  • The 1031 exchange provisions have been modified
  • Using 1031
  • Business interest limitation
  • What is a tax shelter?
  • Section 179 — write off 100 percent as an asset
  • What can a investor do now?
  • When do you need a CPA?
  • Some more free tax advice
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

Connect with Amanda

Connect with Brandon

Mar 08, 2018
268: Acquiring 20 Long-Distance Rental Homes (on a Military Salary!) with Rich Carey
01:25:18

Many people feel that because their local market isn’t great for rental property cash flow, they can’t invest. Don’t tell that to today’s guest, who for the past decade has been doing just that—even while working full-time in the U.S. Military! Today’s guest is Rich Carey, who shares with us his strategy of buying rentals in one location, despite living in many different places across the world. Rich also discusses his strategy of NOT using leverage, instead choosing to buy properties with cash instead, which has allowed him to maximize his cash flow and has given him true financial independence. Rich’s story is inspiring and highly educational, so set aside time today to listen to the whole interview. We think you will really like this one!

In This Episode We Cover:

  • How he bought his first property while assigned in Guam
  • Tips for flipping new construction
  • Why you should consider switching investing style after a flop
  • Why you shouldn’t buy a house, unless…
  • Advice on long-distance house flipping
  • What you should know about partnerships and trust
  • His experience investing in properties in military bases
  • A discussion on leveraging properties
  • The importance of having a frugal lifestyle
  • Hiccups on his first property and valuable lessons from it
  • How he manages his properties out-of-state
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You can pay off a mortgage pretty fast when you put your effort into that.” (Tweet This!)
  • “I don’t believe that you have to wait for things to crash then invest everything.” (Tweet This!)

Connect with Rich

Mar 01, 2018
267: From Professional Soccer Player to Rental Property Investor with Nat Borchers
01:16:02

How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!  

In This Episode We Cover:

  • Nat’s background as a professional soccer player and his first deal
  • His current number of properties
  • What exactly a 1031 exchange is
  • Expert tips for finding deals
  • How to use social networking to your advantage
  • Specifics on a recent deal
  • How he found great prices just an hour and a half from his area
  • How to increase the rent
  • Commercial loans vs. traditional loans
  • Sub-metering a property
  • The story behind why he hires property managers
  • His 28-house portfolio deal
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Today, you don’t find good deals. You make good deals.” (Tweet This!)
  • “Nothing ventured, nothing gained.” (Tweet This!)

Connect with Nat

Feb 22, 2018
266: How We Used a Partnership to Buy 900 Units with Jake and Gino
01:13:25

We’re not going to lie: It was hard to come up with a title for this episode because we covered SO much—productivity strategies, morning routines, growing from zero to 900 units, partnerships, 1031 exchanges. Whether you are a top performing real estate expert or still looking for your first, you’ll leave this interview challenged, encouraged, and fired up to make some big changes in your life! Jake and Gino are full of energy and even more full of knowledge, so get ready for one awesome show.

In This Episode We Cover:

  • Who Jake and Gino are
  • The importance of having a picture in mind
  • Tips for having good morning habits
  • How they built ancillary businesses to support their real estate investing
  • Advice for finding the right employees
  • How to get into the first deal
  • How to balance being focused and building another revenue streams
  • Why partnerships are vitally important
  • What to seek in a partner
  • What their partnership looks like
  • Thoughts on using an LLC for each deal
  • What exactly cost segregation is
  • A discussion on holding properties forever
  • Their thoughts about 1031 exchanges
  • How they find deals
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Have a picture in mind and just keep focusing on it.” (Tweet This!)
  • “You grow into your problems, and you outgrow your problems.” (Tweet This!)
  • “The fear is worst than the reality.” (Tweet This!)
  • “If you’re not thinking of creating value for the other person, then the partnership is not going to work.” (Tweet This!)
  • “Transactions are not going to create wealth; equity is going to create wealth.” (Tweet This!)

Connect with Jake and Gino

Feb 15, 2018
265: Kidnapped by Russian Mobsters and How to Manage 13,000 Rental Units with Andrew Propst
01:33:42

Yes, really. Today’s guest was kidnapped in Russia by mobsters and not only lived to tell the tale, but he even went on to invest in rental real estate in a big way, building a massive property management business! In this show, Andrew Propst shares key insight into finding incredible property managers and solid tips for profitably managing your own tenants. Andrew also has some excellent tips for finding great real estate deals, so if rental properties are in your future, this is one show you don’t want to miss!

In This Episode We Cover:

  • The kidnapping story
  • How Andrew’s stubbornness to pay rent led him to invest in real estate
  • His first investment
  • Tips for finding the right property manager
  • The details on Andrew’s 42-unit multifamily property
  • How they managed to increase rents from $400 to $700
  • Useful property management resources
  • What you should know about cap rates
  • Tips on finding great deals
  • What he thinks about build to rent
  • What Andrew looks for in a market
  • Thoughts on renting to people with a prior eviction
  • The importance of enforcing the terms of the lease
  • A conversation about landlord-tenant laws
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You never know how important a property manager is until you hire a bad one.” (Tweet This!)
  • “Your job as a property manager is just to enforce the terms of the lease.” (Tweet This!)
  • “You’re doing your tenant a disservice if you’re not firm.” (Tweet This!)
  • “The lazy parents clean their child’s room.” (Tweet This!)
  • “The whole premise of Fair Housing laws is to treat everybody the same.” (Tweet This!)

Connect with Andrew

Feb 08, 2018
264: Gary Vaynerchuk on Finding Deals Through Social Media & Crushing It as an Entrepreneur
00:43:52

In today’s world, anyone can call themselves an entrepreneur. But what does it really take to find success as one? That’s the topic on today’s inspiring episode of The BiggerPockets Podcast, where we sit down with New York Times bestselling author Gary Vaynerchuk, author of Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, TooI and host of The #AskGaryVee Show, one of the most popular vlogs online. Gary is one of the world’s foremost experts on using social media to drive a business forward, so in addition to an amazing discussion on hustle and motivation, Gary dives into several unique strategies for finding deals, networking with influencers, and growing your business using the power of social media.

In This Episode We Cover:

  • What Gary thinks is crazy about entrepreneurs today
  • Why you don’t “have to be” an entrepreneur or an investor
  • What you should know about the book Crushing It
  • The social media tools Gary uses
  • Why Facebook is so useful
  • How social media is the future
  • How real estate investors can use social media
  • Targeting the right people for your business through Facebook
  • How to use the concept of “smart hustle
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The thing that drives me crazy is that I just want everybody to win.” (Tweet This!)
  • “If you’re working 15 hours a day just for the money to then do the thing you love, you lost.” (Tweet This!)
  • “The great thing about entrepreneurship is that you only have to be right once.” (Tweet This!)

Connect with Gary

  • The #AskGaryVee Show
  • Planet of the Apps
  • VaynerMedial
Feb 01, 2018
263: College Dropout to Owning 900+ Units with Bruce Petersen
01:20:29

Many people have dreams of owning large multifamily properties—but fail to get beyond small deals. Not today’s guest! Today, we sit down with Bruce Petersen, an investor from the Austin, TX area who started with a 48-unit syndication deal and hasn’t looked back! Bruce has some incredible stories and lessons from his time in the business, so if you ever plan to buy an apartment complex, this is one episode you need to pay close attention to!

In This Episode We Cover:

  • Bruce’s background
  • What a syndicator does
  • Why he started out with a 48-unit deal
  • Why it’s easier to handle a property with more units
  • The “deal triangle
  • Tips for hosting a meet-up
  • The class system of properties
  • When to upgrade a unit
  • What exactly a preferred return is
  • How syndicating really works
  • How he included his daughters in the deal
  • How he finds deals
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Don’t ever pay off a piece of real estate ever. Not even your personal residence.” (Tweet This!)
  • “I’ve always syndicated everything.” (Tweet This!)

Connect with Bruce

  • Bruce’s BiggerPockets Profile
  • Bruce’s Website
  • Bruce’s Email
Jan 25, 2018
262: $600,000 in Gross Rents from Mobile Home Parks with Jefferson Lilly
01:45:32

Mobile Home Parks can be one of the most profitable business models around, but learning to scale without losing all your time can be tough. That’s the story on today’s episode of the BiggerPockets Podcast, where we sit down with Jefferson Lilly to talk about how he’s acquired 2,600+ “pads” in the past few years and the lessons he’s learned in scaling. We also discuss the ins and outs of raising private money through a “fund,” which will both fascinate and educate you, so don’t miss a moment of it. Whether you want to buy mobile home parks or not, this is one show where the lessons will stick with you for life!

In This Episode We Cover:

  • Brandon’s mobile home park
  • Reasons why you should consider buying a mobile home park
  • The legality surrounding mobile home parks
  • How Jefferson came to own about 2,300 pads
  • What you should know about rent-to-own homes
  • How Jefferson markets their properties
  • Methods of payment for these rentals
  • A discussion on RVs vs. mobile homes
  • Jefferson’s thoughts on tiny houses
  • Getting to a “Mobile Home Park 2.0”
  • The 3 key hires for mobile home parks
  • What managing these mobile parks look like
  • Floods and other concerns when choosing a mobile home park
  • How to fund these days
  • How to find parks today
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Don’t kick anybody out of your deal. Just scale everybody back.” (Tweet This!)

Connect with Jefferson

Jan 18, 2018
261: 16 Tips for Selling Properties Faster and for More Money with Mindy Jensen
01:22:00

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 story

How to pay zero dollars in capital gain taxes

The tax exemptions involved with getting married

What exactly a live-in flip is

16 ways to sell your property:

  • Have a pre-listing home inspection
  • Clean up your home
  • Doesn’t pass the sniff test
  • Great Pictures of your house
  • Be available
  • Be informative
  • Know your competition
  • Use an agent
  • Ask your agent
  • Price it right
  • List in Peak market time
  • Double check your listing information
  • Stage those weird areas that don’t have an obvious use
  • Leave during your showing
  • Be prepared to walk away from an offer
  • Tell everyone you know that your house is for sale

Why Mindy wrote the book

Bonuses!

And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable 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 Mindy

Jan 11, 2018
260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss
01:30:01

Bank robbers. Terrorists. Motivated sellers. No matter who you’re dealing with, negotiation is vital. As a real estate investor, the question is not if you’ll negotiate but how well will you negotiate—and after this episode, you’ll never negotiate the same again. Today, we’re excited to sit down with Chris Voss,former head of the FBI’s Hostage Negotiation Team and author of Never Split the Difference, to learn the stories, strategies, and tactics gleaned from decades of negotiating with the world’s most dangerous criminals. Then, we delve into how these lessons can help you in your own business and life. This show is a ton of fun and full of actionable tips that will instantly make you a better negotiator—whether sparring with your child, a buyer or seller, or a terrorist holding your family for ransom!

In This Episode We Cover:

  • A look at Chris’s background
  • The story of the bank robbery in Brooklyn
  • What the strategy of mirroring is
  • What it means when a person doesn’t give his name
  • How to use listening as an advanced skill
  • Tips for applying negotiation to business settings
  • The role negotiating plays in real estate
  • The thing more important than the deal in negotiation
  • The secret to gaining the upper hand in a negotiation
  • Tips for negotiating in a real estate deal
  • The power of deference
  • What you should know about anchoring
  • How to take advantage of rounds of bargaining
  • Why you should consider odd number pricing
  • Why no is more powerful than yes
  • The learning curve for this skill
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “If you want big stakes results, you need to practice in low stakes negotiation.” (Tweet This!)
  • “The last impression is a lasting impression.” (Tweet This!)
  • “There’s always something in a negotiation for everybody that is more important than actually making a deal.” (Tweet This!)
  • “You get what you want by hearing the other side out.” (Tweet This!)
  • “The secret to gaining the upper hand in a negotiation is giving the other side the illusion of control.” (Tweet This!)

Connect with Chris

Jan 04, 2018
259: Old-School Investing Wisdom from 60+ Years with Mike Anderson
01:28:04

One of the most impactful moments for most real estate investors is meeting a “mentor,” someone older and wiser who can share with them the lessons they’ve learned. That’s exactly what today’s episode of The BiggerPockets Podcast is! Mike Anderson has invested in real estate for over 60 years, doing everything from buying 200 houses per month to owning a mortgage business to storage units and more. On today’s show, he dives into his story and the lessons he’s learned over the past half-century and offers insight and wisdom that newer investors need to hear. This conversation is fun, fast-paced, and filled with knowledge, so hang on for a wild ride!

In This Episode We Cover:

  • The story of buying a house for $3,250 (55 years ago)
  • How to buy and sell 200 houses a month
  • What he’s learned about people buying houses
  • Why you should buy rentals in school districts
  • A discussion on cash flow vs. appreciation
  • The concept of “dialing for dollars
  • Why it’s all a number’s game
  • Things to note when buying from wholesalers
  • The usual problems with investors
  • Where to get the money for deals
  • Why perseverance is key
  • How to hire the right people
  • How to continue buying 10 or more houses (and get bank financing)
  • Why he’s concerned about the future
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The essential thing to make money is hard work.” (Tweet This!)
  • “Don’t worry about commissions; worry about your customers.” (Tweet This!)
  • “How are you going to buy real estate if you don’t know what your goal is?” (Tweet This!)
  • “It doesn’t cause cancer to call people on the phone.” (Tweet This!)

Connect with Mike

Dec 28, 2017
258: Six-Figure House Flipping with Gabe DaSilva
01:01:16

Massive goals encourage massive action—and a massive plan to get there. That’s the truth behind today’s episode of The BiggerPockets Podcast, where we sit down with Gabe DaSilva, a New Jersey real estate investor who specializes in a unique niche of house flipping: “add-a-level” or “pop tops.” You’ll hear how Gabe shoots for a six-figure payday on each flip and how you can incorporate this strategy in your own business. Be ready to take some notes—this is an action-packed show!

In This Episode We Cover:

  • How Gabe got into the real estate business
  • Tips for using your 401k as capital
  • How he landed his first deal
  • A discussion on doing things yourself
  • How to finance your deals using hard money
  • Gabe’s unique definition of hard money lenders
  • The deals he’s made to this point
  • Which properties are good candidates for rehabbing
  • How to tell if it’s the right market to invest in
  • What to check for in a good house foundation
  • The “bathtubs story
  • How to find deals through direct mail
  • What his day looks like
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Sacrifice the life you have now so that you can live the life most can’t live later.” (Tweet This!)

Connect with Gabe

Dec 21, 2017
257: But My Market is Too Expensive!” (How to Become a Long-Distance Real Estate Investor) with David Greene
01:26:17

Investing outside of your local market can strike fear into the hearts of even the most savvy real estate investor. But long-distance investing doesn’t need to be extra risky! In fact, today’s guest argues that it might just be the most profitable investing you’ll ever do. Today’s guest, David Greene, a San Francisco real estate investor and agent, shares his incredible process for finding, rehabbing, and managing properties from thousands of miles away. His approach to building a “Core Four” is nothing short of genius and will transform how you run your real estate business, whether you are buying next door or 49 states away. This is one show that could change your real estate strategy forever!

In This Episode We Cover:

  • What David’s been up to since the last time he was in the show
  • How to find the right people to help you find the right properties
  • How to seek out top-notch lenders
  • Tips for offering value to people hundreds of miles away
  • A discussion on whether newbies can invest long distance
  • The “Core 4” team members you’ll need when investing in real estate out-of-state
  • David’s thoughts on turnkey companies
  • How to overcome the fear of trusting someone you work with
  • All about David Greene’s new book!
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “I’m putting a dream team together that runs on autopilot.” (Tweet This!)
  • “The market itself is not quite as important as the success you’ll likely have in that market.” (Tweet This!)
  • “It’s only risky if you’re lazy.” (Tweet This!)
  • “You’re not going to make money right away when you start first doing anything new. It’s only going to be what you learn that will make money later.” (Tweet This!)

Connect with David

Dec 14, 2017
256: The Surprising (Scientific) Truth Behind What Makes You Successful with Eric Barker
01:14:57

Why do some people achieve incredible success while most others struggle? Why do some reach their goals while others give up within days of setting them? Why do some people make WAY more money at work while others are stuck in the mailroom for 40 years? Those topics, among many others, are the focus of today’s episode of The BiggerPockets Podcast, where we sit down with Eric Barker, author of the WSJ bestseller Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) WrongW. Eric spends his life exploring the science and psychology behind what actually makes an individual successful, and today we explore those often-surprising truths as they relate to real estate, business, and all areas of life!

In This Episode We Cover:

  • Eric’s background
  • What you should know about his book
  • How to align yourself with what you’re good at
  • The issue of grit
  • The “3 Ps” (personal, permanent, and pervasive)
  • The secret to forming habits
  • How to create external accountability
  • A discussion on systems vs. goals
  • What you should know about introverts vs. extroverts
  • How financial success can serve as a great defense
  • Tips for not taking the day for granted
  • How to become a super connector
  • What makes somebody successful at work
  • What “work-life balance” truly means
  • The 4 metrics of success
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The single most motivating thing is the feeling of progress.” (Tweet This!)
  • “The importance of the habit is consistency.” (Tweet This!)
  • “In the end, it’s generally better to set up systems as opposed to goals.” (Tweet This!)
  • “There is no fear with boredom.” (Tweet This!)

Connect with Eric

Dec 07, 2017
255: Six-Figure Real Estate Investing in Just 20 Hours a Week with Elliot Smith
01:23:52

How many hours per week does it take to be a successful real estate investor? The answer on today’s episode might surprise you. Today we’re sitting down with Elliot Smith, a real estate investor from Washington State who has an incredible story to tell about how he went from 70+ hour per week worker to “full-time” real estate investor who only works part-time. Elliot has an incredible outlook on life and business that’s contagious, so warning—you won’t leave this interview the same person. You’ll also learn how Elliot and his wife made over $100,000 their first year in real estate and the amazing tale of how they made over $100,000 in a single month. This show is as inspirational as it is educational (and filled with more than a few laughs!) so get ready to have your world rocked.

In This Episode We Cover:

  • How Elliot got started real estate investing
  • Whether you should do house inspections
  • Their next deals and a great wholesale deal
  • How to wholesale with a full-time job
  • The importance of being honest with your sellers
  • What exactly wholesaling entails
  • How he made $100k in just one month!
  • How to invest part-time and earn full-time
  • Tips for building relationships with private lenders
  • Advice on flipping with no money down
  • Tips on finding a mentor
  • How to do 30 deals a year
  • How Elliot finds deals
  • His way of making the world better
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “If you’re asking if you need an inspector, then you need one.” (Tweet This!)
  • “It all has to do with the intent. Is your intent to screw this person or is your intent to do the right thing?” (Tweet This!)
  • “You’ll find really good people in this business who just love people and love helping.” (Tweet This!)
  • “Money is not the most important thing. Friendship and relationships are the most important thing in this business.” (Tweet This!)

Connect with Elliot

Nov 30, 2017
254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors
02:03:12

Today’s guest needs no introduction, but this would look funny without one, so here we go! Today on The BiggerPockets Podcast, we sit down with Tim Ferriss, author of #1 New York Times Bestseller The Four Hour Work Week and his newest title, Tribe of Mentors and dive DEEP into the patterns that make high achievers accomplish so much. This show is unlike any other episode of our podcast, and we can’t guarantee you’ll be the same person when you finish. You’ll also discover Tim’s unique approach to real estate investing, as well as the books, apps, and routines that has made Tim one of the most influential thought leaders in our world today.

In This Episode We Cover:

  • How the gang connected with Tim
  • Whether his mom would be impressed by his accomplishments
  • Why he walks to the beat of his own drum
  • His recent “silent” retreat
  • The value of meditation
  • What you should know about self-awareness training
  • The ins and outs of the book Tribe of Mentors
  • Patterns that are common amongst high achievers
  • The importance of turning off distractions
  • Principles to live your life by
  • How to be truly effective
  • Tips for using money to buy time
  • The 3 advantages that you can have in any type of investing
  • How Tim Ferriss invests
  • What a good investment entails
  • Indicators of a solid property
  • How Tim would analyze real estate
  • The fundamental differences in real estate as an asset class
  • The “worthlessness” of hard work
  • How to balance ambition and being contented
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I don’t like having my sanity depend on luck.” (Tweet This!)
  • “When you’re not thinking of the past, you’re not thinking of the future.” (Tweet This!)
  • “It’s not that you don’t have time, it’s you don’t have priorities.” (Tweet This!)
  • “It’s not how you do things, it’s what you do.” (Tweet This!)
  • “Effectiveness over efficiency on all things.” (Tweet This!)
  • “Thinking is actually asking questions and answering them in your own head.” (Tweet This!)
  • “There’s no problem with hard work, as long as it applies to the right things.” (Tweet This!)
  • “In the end, success is sleeping well.” (Tweet This!)
  • “Worrying is praying for what you don’t want.” (Tweet This!)
  • “It’s very hard to fail completely.” (Tweet This!)

Connect with Tim

Nov 23, 2017
253: Recession-Resistant Investing & the Benefits of Buying Shopping Centers with David Puchi
01:07:11

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed.

In This Episode We Cover:

  • How David started real estate investing
  • Why he brought a bank guarantor partner into his deal
  • How he turned a shopping mall around
  • What the “Amazon proofing strategy” is
  • What he looks for in commercial properties
  • The challenges of this strategy
  • Who to hire to start investing in shopping centers
  • What synergy is in reference to tenants
  • How one tenant can affect the whole center
  • A passive way to invest in triple net properties
  • Tips on how to finance these deals
  • Where he finds his deals
  • How to analyze a neighborhood for shopping malls
  • Tips for performing due diligence for this kind of deal
  • The metrics you should study to figure out the health of a tenant
  • Where he sees his business in the future
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Having reasonable leverage makes more sense than over leverage.” (Tweet This!)
  • “Basic property management experience is a great launching pad in owning commercial properties.” (Tweet This!)
  • “You can’t rely on the market to force appreciation.” (Tweet This!)

Connect with David

Nov 16, 2017
252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop
01:10:52

People spend years thinking about buying real estate—but many never take the first step. Not today’s guest, though! Today, we sit down with Craig Curelop, a new investor in the expensive Denver market, as he shares his story of buying his very first “house hack” and how’s he’s actually getting PAID to live for free. You’ll also learn some other creative way Craig is generating extra income each month (including renting out his car!) on his quest for financial freedom. It’s a super inspiring story with a plethora of tips, so don’t miss a moment of it!

In This Episode We Cover:

  • Craig’s story and how he found out about BiggerPockets
  • What he does at BiggerPockets
  • How he house hacked his first home in Denver
  • Tips for finding a good agent
  • How to find a good lender
  • What exactly PITI is
  • How he’s generating rent from his place
  • His method of fast tracking his way to financial freedom
  • How his Airbnb system works, including how he handles cleaning
  • Tips for turning liabilities to assets
  • How he rents out his car
  • A discussion on having a frugal lifestyle
  • His future plans for real estate investing
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “The first step to buying a property is to find a lender and to find an agent.” (Tweet This!)
  • “To find the lender that’s right for you, you have to have the criteria you’re looking for.” (Tweet This!)
  • “Everyone has a unique advantage in their life.” (Tweet This!)

Connect with Craig

Nov 09, 2017
251: Replacing Your Income with Real Estate as a DIY Landlord with Eric Drenckhahn
01:01:29

How do you build up an arsenal of relevant landlording knowledge? Through hands-on experience. Eric Drenckhahn is a “DIY landlord” who has managed his mid-sized portfolio for years and who has come across countless maintenance and landlording issues. Join us in picking his experienced mind across a myriad of real estate issues and learn how to become a successful DIY landlord.

In This Episode We Cover:

  • How Eric got started investing in real estate
  • Thoughts on buying properties for what they’re worth
  • The reason he waited for 8 years before investing again
  • Why the real estate crash didn’t hurt him
  • Tips for determining your CapEx
  • How to become a DIY maintenance landlord
  • A discussion on DIY vs. hiring it out
  • What you should know about managing properties
  • Instances where doing it yourself goes a long way
  • What’s next for with Eric
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “To make money, you need to have positive cash flow.” (Tweet This!)
  • “Landlord can weed out the simple things.” (Tweet This!)
  • “Managing property is no problem.” (Tweet This!)

Connect with Eric

Nov 02, 2017
250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!
01:32:39

It’s the episode you’ve been waiting for: Grant Cardone is BACK on the BiggerPockets Podcast!

Last time Grant was on the show he owned $350 million in real estate. Now, with over $600 million, he’s just warming up! From the moment this show begins, it’s a high-powered, fast-moving, high-level (and hilarious) explosion of information and entertainment aimed to motivate, educate, and inspire you to greatness.

You’ll hear why Grant thinks buying a house is one of the stupidest decisions one can make, his plan for avoiding the next real estate decline, and why he says NOW is the best time to invest in real estate—plus a lot more.  

In This Episode We Cover:

  • What’s new with Grant
  • A discussion on the next real estate crash?
  • How to make money in today’s market
  • Why a low cap rate matters
  • How many offers he makes
  • How to get going on big deals
  • Why you need to go big
  • The mistakes amateurs are making
  • Various ways to learn more about properties without an agent
  • Why you should partner with someone with money
  • Areas to invest
  • Why you shouldn’t buy a house
  • The power of mobility
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics

  • “In good times, everybody’s a showoff.” (Tweet This!)
  • “The professional investor has to be willing to move to other markets.” (Tweet This!)
  • “Not being known at all is going to hurt you.” (Tweet This!)
  • “You don’t need a home.” (Tweet This!)
  • “Houses were for the banks and weren’t for the people.” (Tweet This!)

Connect with Grant

Oct 26, 2017
249: House Hacking, Live-In Flips, and Investing Purposefully with Josh Daniels
00:51:44

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 college
  • The story behind his killer first rental
  • Rental rates for this property
  • How they earned $80k on their next deal
  • What exactly a live-in flip is
  • How they manage their properties
  • A discussion on tenant drama in multi- vs. single-family properties
  • Josh’s “why” in his investing
  • How to handle emotional attachment to deals
  • Tips on financing deals through the BRRRR method
  • His thoughts on Dave Ramsey’s advice for paying off loans
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable 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 Josh


Oct 19, 2017
248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer
01:14:25

Looking to scale up your real estate investing business? If so, don’t miss this incredibly powerful episode of The BiggerPockets Podcast.

On today’s show, you’ll meet Todd Dexheimer, who started investing in real estate while working a full-time job as a shop teacher at a Minnesota High School. Todd walks us through his journey of quitting his job and scaling his business to hundreds of flips and rental properties in just a few short years.

You’ll hear how Todd analyzes markets before deals, how he puts together the financing on large multifamily purchases, and how he builds a solid team—no matter how far he’s located from the property.

In This Episode We Cover:

  • How Todd got started in real estate
  • How he found and financed his first deal
  • What exactly a 203k loan is
  • How he bought a rental and a flip
  • How to three projects at the same time while working a full-time job
  • What his investing life looks like today
  • How he scaled his investing to hundreds of purchases
  • How he was able to gradually quit his job
  • Tips for digging deeper with midsize multifamily properties
  • What he looks for in a property
  • Advice for getting the overall picture of the market (a unique way to study markets)
  • How Todd manages to invest out-of-state
  • How to get the right people on your team
  • Why he chose Cincinnati
  • The story behind his 84-unit contract
  • How he manages his projects
  • His ski resort story
  • Todd’s vision of owning $200 million in real estate
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics

  • “It’s not just about good cash flow; it’s about your ability to get out of that investment in the future.” (Tweet This!)
  • “It’s all a referral business. People talk about people they like and trust.” (Tweet This!)
  • “If you’re going to try to raise money, you’ve got to have people who know what you do.” (Tweet This!)
  • “Getting good tenants is the best strategy.” (Tweet This!)

Connect with Todd

Oct 12, 2017
247: How to Buy Your First (or Next) Property by the End of the Year [The 90-Day Challenge!]
01:41:15

Today’s podcast is unlike anything you’ve heard before. Today, we’re not interviewing anyone. Instead, we’re going to motivate, educate, and inspire you to take some MASSIVE ACTION and sprint to the end of the year!

Why 90 days?

Because the end of 2017 is just three months away, and we know that many of you had some big goals you wanted to accomplish by the end of the year—but you are falling behind. Or maybe you’ve crushed your goals and you are ready to up the ante to hit an even higher goal.

On this podcast, you are going to discover :

  • Why the next three months are the best time of the year to buy real estate
  • How to build a step-by-step plan (including daily action steps) to accomplish your goal
  • How to build a lead funnel that will generate consistent leads for your business
  • And much more.

This episode is an invitation to join thousands of others in the BiggerPockets community to take the “90 Day Challenge,” a three-month sprint to hit your 2017 goals. This episode is unlike anything we’ve done before—and we think you’re going to love it. Amateur-hour is over. It’s time to take massive action.

In This Episode We Cover:

  • 4 powerful reasons why Q4 is the best time to buy real estate… but only
  • if you do this one thing
  • Create a goal for the end of 2017 … and we’ll build a week-by-week, dayby-day
  • plan to get there
  • Learn how to build a real estate funnel that delivers leads on autopilot
  • Discover how BiggerPockets can propel you to greater success, faster
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Life doesn’t get better by chance. It gets better by change.” (Tweet This!)
  • “A goal without a plan is just a wish.” (Tweet This!)
  • “Every property has a ‘home run number.'” (Tweet This!)


Oct 05, 2017
246: Surviving the Coming Crash, Earning 20% Returns, and Buying Mobile Home Parks with Kevin Bupp
01:27:53

When most investors hear the words “mobile home park,” they turn and run the other way. But not today’s guest, who’s found incredible success buying (and repositioning) mobile home parks.

You’ll learn how Kevin Bupp got his real estate started with single family homes (eventually owning hundreds) and how that led to major problems in the last real estate crash.

You’ll also find out how he’s making sure the next crash is different. Discover the incredible power of mobile home parks in generating huge returns in this less-popular real estate niche by learning Kevin’s story. If you are looking to generate huge amounts of cash flow, this is an episode you can’t afford to miss!

In This Episode We Cover:

  • The difference between trailer parks and mobile home parks
  • How Kevin got started
  • Why to not choose single family homes
  • How to “stress test” your deals
  • How (and why) he got into mobile home parks
  • The target market for this investment
  • Some objections to owning a mobile home park
  • The average vacancy Kevin deals with
  • Tips for financing mobile home parks
  • The challenges of analyzing mobile home parks
  • How a mobile home park is valued
  • Advice for adding value to parks
  • What you want to consider when investing mobile home parks
  • How to find mobile home parks
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “There’s like a million and one ways to make money in real estate. You just have to pick one and give it some time.” (Tweet This!)
  • “We want to be in front of the sellers when they either decide to sell or need to sell.” (Tweet This!)
  • “Everyone goes through challenges in their business.” (Tweet This!)
  • “Tomorrow probably will provide the answer if you don’t give up today.” (Tweet This!)

Connect with Kevin


Sep 28, 2017
245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday
01:37:46

Are you in this business to make a quick buck—or are you looking to build generational wealth for you and your family? If the latter is true for you, don’t miss a moment of this powerful show with bestselling author Ryan Holiday.

Ryan, best known for his books, such as The Obstacle Is the Way: The Timeless Art of Turning Trials into TriumphATrust Me, I’m Lying: Confessions of a Media ManipulatorrEgo Is the Enemye, and Perennial Seller: The Art of Making and Marketing Work that Lasts , is also a part-time real estate investor and lender.

In this show, we cover a large variety of topics including hard money lending, vacation rentals, writing books, how the awareness of death can make life better, stoicism, and much, much more.

In This Episode We Cover:

  • Ryan’s background
  • The importance of learning from other people
  • His experience as Director of Marketing for American Apparel
  • Tips on looking for a mentor
  • His first real estate adventure
  • His thoughts on Airbnb
  • How he gets leads for loans
  • How to do what you love through passive income
  • The story behind The Obstacle is the Way
  • How to react to economy collapse
  • Advice to investors who only see the obstacle
  • How to control your ego
  • Why you should do the right thing despite not sharing it
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Any fool can learn by experience. I prefer to learn by the experience of others.” (Tweet This!)
  • “Every single business is hiring if you can help them make more than you cost.” (Tweet This!)
  • “A mentorship is not a destination, it’s a process that ensues.” (Tweet This!)

Connect with Ryan


Sep 21, 2017
244: “Unfair” Taxes and Unfair Advantages with Linda Weygant, CPA
01:14:50

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 estate
  • Why the government likes real estate investors
  • What her first deal looked like
  • What to look out for when using credit cards for rehabs
  • Should you be debt free before investing?
  • Debt to income ratio
  • Why she chose a townhouse as a first investment
  • Her HOA story
  • The landlord vs HOA mentality
  • How she got her positions in the HOA boards
  • Rent-By-The-Room apartments
  • How to manage Rent-By-The-Room
  • Investing with family and getting an LLC
  • How one should handle their business
  • Where she’s headed in the next 10 years
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

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 Linda

Sep 14, 2017
243: “How I Built 7-Figures of Wealth on a Working-Class Salary” with Joe “JD” Martin
01:05:31

Let’s be honest: not everyone is trying to buy hundreds or thousands of properties. In fact – just a small handful of incredible deals can help build impressive wealth AND great income. That’s the story you’ll hear today as we speak with Joe “JD” Martin, a real estate investor who’s building wealth while working his full-time job.

As you’ll hear, JD had a rough start to his investing, losing over $100,000 on his first “deal,” but came back to create a stable, cash-flowing portfolio of single family houses that has given him financial freedom and over a million dollars in wealth. If that sounds like a plan you can get behind – don’t miss a moment of this powerful episode!

In This Episode We Cover:

  • Losing six figures on the first deal
  • The number one problem of that failed deal
  • How Joe got back into investing again and the strategy he chose
  • The details on his first rehab
  • Landlords who hate being landlords
  • How the quality of tenants matter
  • The importance of knowing who you want to rent to
  • Having a day job while investing
  • Simple investing strategy
  • How he finances his properties
  • What is Cashflow Recycling?
  • The freedom to do what you love to do
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “A great place to live may not be a great place to sell to make some money.” (Tweet This!)
  • “There’s no one path that works for everyone.” (Tweet This!)
  • “You’re really just competing against yourself. There’s no competition.” (Tweet This!)

Connect with Joe

Sep 07, 2017
242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall
01:10:56

Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner.

You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!”

In This Episode We Cover:

  • How Josh got started in real estate through buying a Corvette
  • Details on his first deal – a mini mall
  • Selling bath tubs while property was still empty
  • How many properties Josh currently owns
  • Juggling business and real estate investing
  • Facebook Marketing to find deals
  • The Plumber story
  • His strategy
  • His monthly cashflow
  • The ‘why‘ behind his investing
  • Making assets pay for the liability
  • His strategy in finding deals
  • The types of houses he buys
  • Adding one more bedroom to a house
  • What is a knockdown?
  • Managing a business with 70 employees and real estate investing
  • The Limo Hummer
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “Real estate is a piece of cake. I can do it with my eyes closed!” (Tweet This!)
  • “There’s always a way to add an additional bedroom.” (Tweet This!)
  • “Not everybody is the same person.” (Tweet This!)

Connect with Josh

Aug 31, 2017
241: From Local Flips to Raising Funds and Turnkey Investing Around the Country with Jeff Wallenius
01:12:38

Is it possible to go from firefighter to real estate mogul? Just ask Jeff Wallenius, who started with a single flip, financed entirely with hard money. He was able to parlay that early success into a profitable flipping business and has been flipping 10-12 houses a year in the Portland market for the last five years. Now, he’s set his sights even higher, has created a couple of funds, and is buying cash flowing turnkey real estate around the country.

In This Episode We Cover:

  • Jeff’s transition from firefighting to real estate investing
  • His first flip
  • What exactly a “cash flow negative” spouse is
  • The numbers on that first deal
  • How he sold it
  • How to price your property
  • Why he went back in 2012 after the crash
  • The indicator of a good partner
  • How he scales his flipping business
  • What he thinks buying out-of-state
  • Tips for “riding along” with someone to learn more
  • How to build an investment fund
  • Why he sees safety and performance as his bull’s eye
  • What turnkey is and how someone can vet one
  • His next goal: acquiring 150 houses in his portfolio
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “You don’t want to be the cheapest property in the market.” (Tweet This!)
  • “I’d like to align myself with people that have good morals that are going to do the right thing when it’s hard.” (Tweet This!)
  • “Flipping is great, but when we stop flipping, the money ends.” (Tweet This!)

Connect with Jeff


Aug 24, 2017
240: Flipping Your Way Out of (Student Loan) Debt & the Transition to Rentals with Brentin Hess
01:19:42

Financial debt (like student loans or credit cards) is irritating, expensive, and flat-out dangerous. But you don’t have to be stuck paying the minimum payments for decades like most Americans.

Today, we’re excited to introduce you to Brentin Hess, a young investor who “flipped his way out of student loan debt” and has already been able to quit his job thanks to his real estate investments.

You’ll learn how Brentin used a partnership to begin his house flipping journey, as well as the mistakes that cost him time and money in the beginning. Brentin is incredibly inspiring, so take time to listen to this entire episode—and prepare to have a fire lit beneath you!

In This Episode We Cover:

  • Tips for getting into real estate at a young age
  • Brentin’s experience of having a real estate license at 19 years old
  • How his first partnership came to fruition
  • How to deal with contractors when you’re young
  • The details of his first deal
  • Tips for leveraging capital
  • What exactly a Guidance Line of Credit is
  • The importance of building relationships
  • Why he shifted from flipping to rental properties
  • How he financed a multifamily deal
  • Tips for finding the right partners
  • When you should consider the rent as stabilized
  • How he quit his job
  • The story of how Gary Vaynerchuck was a guest for his event
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “A lot of people who are into real estate sales don’t even get into investing.” (Tweet This!)
  • “Flipping is transactional.” (Tweet This!)
  • “Time is a finite resource.” (Tweet This!)
  • “Life is boring if you’re not being creative.” (Tweet This!)

Connect with Brentin

Aug 17, 2017
239: Achieving Financial Freedom at Age 32 with Austin Fruechting
01:13:24

Many people dream of achieving financial freedom, but how many actually get there? Today on The BiggerPockets Podcast, you’ll meet one man who did just that. Austin Fruechting began buying rental properties less than 10 years ago, but by the age of 32 was able to retire on the cash flow coming in.

You’ll learn just how he was able to do this by reverse engineering success, buying rental properties in bulk, and using the BRRRR strategy to minimize the cash he needed to buy his properties. Whether you are looking to achieve financial freedom at 32, 52, or 72, this podcast is one you don’t want to miss!

In This Episode We Cover:

  • How Austin got started in just 9 months 
  • The details of his first deal
  • Tips for accessing lines of credit as a newbie
  • What you should know about unsecured lines of credit
  • How he finds the deals
  • Why he doesn’t invest in turnkey properties
  • How to map out the passive income financial freedom involves
  • What it’s like to achieve financial freedom at 32
  • What exactly a long-term buy and hold is
  • How to find a good property manager
  • The best deal Austin’s ever done
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “The fear is always going to be conquered by knowledge.” (Tweet This!)
  • “When the right deal is there, I do whatever it takes to get it done.” (Tweet This!)
  • “As long as you keep proving yourself, it opens some other doors.” (Tweet This!)
  • “All of the pros started as complete novices and beginners too.” (Tweet This!)

Connect with Austin

Aug 10, 2017
238: Becoming a Real Estate Millionaire on a Teacher’s Salary with Michael “Swanny” Swan
01:26:51

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 Swanny
  • How he realized his financial ladder was leaning on the wrong building
  • Tips for utilizing IRAs and penalties
  • Whether purchasing 11 condos is a good idea or not
  • The story of the 15-unit apartment complex
  • How he went from $5k in cash flow to $24k
  • Whether luck had to do with his great deals
  • Tips for buying areas in with both cash flow and appreciation
  • His formula for financial freedom (using multifamilies)
  • A discussion on single families versus multifamilies
  • How to find deals in your market
  • Tips for seeking out the perfect property manager
  • How many units he has now
  • How to tackle big projects
  • How he manages his work with his time as a teacher
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable 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 Michael


Aug 03, 2017
237: Partnerships & BRRRR Investing While Working Full-Time With Ian Reeves
01:19:13

In this episode of The BiggerPockets Podcast, we’re excited to talk about two incredibly powerful strategies any real estate investor (new or experienced!) can use to grow their business: partnerships and BRRRR investing.

Today’s guest, Ian Reeves, used a combination of both these strategies to build an incredible portfolio in just the past few years, having started after listening to this very podcast. This episode is sure to blow your mind with both education and entertainment, so sit back and prepare to have your world rocked forever!

In This Episode We Cover:

  • How Ian got started
  • The details of his first property
  • Why house hacking is a good idea
  • How he has 65 units already
  • Why he chose partnership
  • Tips for finding the right partners through BiggerPockets
  • The pros of being a part of an REI meetup
  • What you should know about the BRRRR strategy
  • A look into whether you should buy expensive properties
  • Where he got his initial loan
  • The dangers of commercial loans
  • The importance of having the right mindset
  • The secret to scaling quickly
  • The worst deal he has ever done
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It’s a dangerous situation when you are not reinvesting your profits.” (Tweet This!)
  • “Fifty percent of a deal is better than 100 percent of no deal.” (Tweet This!)
  • “Just tell the people what you’re doing and they can sense the passion.” (Tweet This!)
  • “All the information that you could ever want is already out there. It’s up to you if you implement or not.” (Tweet This!)

Connect with Ian

Jul 27, 2017
236: From Tragedy to Broke to $400,000 a Month with Lance Wakefield
01:31:29

How does one scale a real estate investing business to hundreds of thousands of dollars in profit in under two years?

That’s the topic on today’s episode of The BiggerPockets Podcast, where you’ll hear just how Lance Wakefield, a real estate wholesaler in the Dallas area, accomplished that amazing feat. You’ll hear Lance’s powerful story of hitting rock bottom through numerous tragedies that hit him all at once and the devastation that caused—but you’ll also hear how he went from having just $3,500 to his name to earning over $400,000 in profit in less than 18 months.

This show is motivating, educational, powerful, and moving—so don’t miss a moment of it. This is one show you’ll want to bookmark and listen to over and over and over again!

In This Episode We Cover:

  • What Lance did before real estate investing
  • How he learned to flip homes at the age of 15
  • The concept of “house hacking” car dealerships
  • The life tragedies that led him to lose everything
  • Why stupid deals provide priceless teaching moments
  • How to achieve massive success in just 21 months
  • Why he teamed up with his wife
  • The story behind their first deal
  • What to know about the 2% Rule
  • What you get when you spend $50k/month on marketing
  • How to build out your processes
  • How to obtain the right mailing list
  • The software he uses to build his deal funnel
  • How he determines the needs of the seller
  • How to make real estate investing a business
  • What’s next for Lance
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

  • “It was stupid to do as a deal. But as a learning experience, it was priceless.” (Tweet This!)
  • “Our goal is to meet the need of the seller.” (Tweet This!)
  • “When you are not focusing on the revenue, you are focusing on the wrong thing.” (Tweet This!)
  • “Negotiation is everything. It is the key to real estate.” (Tweet This!)

Connect with Lance

Jul 20, 2017
235: How to Find and Fund Real Estate Deals with Anson Young
01:09:31

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 far
  • The most common mistakes made when finding deals
  • How to set the right criteria
  • Where to find great properties
  • How to cut through the competition
  • Tips for using CRMS and checklists for direct mail marketing
  • Where Anson gets his lists
  • What exactly a probate is
  • How to maximize networking and referrals
  • How to use bandit signs the right way
  • The bonuses you’ll get with Anson’s book
  • What you need to know about funding deals
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable 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 Anson

Jul 13, 2017
234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock
01:05:35

People often toss around the term “passive income” when it comes to owning rental properties. And, in truth, there are ways to make managing tenants passive. But for the majority of investors, being a landlord can be tough.

On today’s show, we talk with Ryan Murdock, an investor and property manager from Maine about the lessons he’s learned building up his rental portfolio. Ryan also shares his story of going to the brink of financial ruin with a “no money” deal and how to avoid losing your shirt when doing creative financing.

In This Episode We Cover:

  • How Ryan started by reading a book
  • The beauty of house hacking
  • Why he started his own property management company 
  • Tips for dealing with inherited tenants
  • How to find good agents
  • Thoughts on having an agency to “sponsor” you
  • How to know when to quit your job
  • The things he misjudged while buying houses
  • How capital plays a huge role
  • How to accurately estimate costs when fixing properties
  • How many rental units he has
  • Tips for finding properties through the BiggerPockets Marketplace
  • What metrics he uses to decide on a property
  • How he funded his deals
  • What he would do differently if he started again
  • The BRRRR strategy
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Don’t just quit and hope for the best.” (Tweet This!)
  • “Creative investing is not about being broke. It’s just about putting together a deal without your own money.” (Tweet This!)
  • “You either win or you learn.” (Tweet This!)

Connect with Ryan

Jul 06, 2017
233: 15 Deals in the First 18 Months with Arianne Lemire
00:53:44

Some investors get started slowly—a deal here, a deal there. But for Arianne Lemire, going slow was not an option.

Arianne began investing just a year and a half ago but has already done 15 deals, with more coming in every month! How did she do it? As she explains, a powerful “why.” You’ll learn how Arianne turned her drive for financial independence into a real estate career that includes rentals, flips, and wholesaling.

Arianne’s story is powerful and will inspire you to blast off like a rocket to reach your destination!

In This Episode We Cover:

  • How Arianne got started through the BiggerPockets webinar!
  • Her very first deal
  • What “delayed financing exemption” means
  • How she used BiggerPockets to figure out her strategy and to find a lender
  • A discussion on whether you should get your real estate license
  • Where Arianne invests
  • How she shifted her strategy due to her “why
  • How to handle being a female real estate investor
  • Tips for landing lots of deals in just two years
  • Where she is now in her business
  • What marketing strategy she uses
  • A general contractor horror story
  • The importance of surrounding yourself with the right people
  • What’s next for her
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “It’s just a number’s game, so just submit as many offers as you can.” (Tweet This!)
  • “Instead of being a piece in the chessboard, you’re now looking over the chessboard.” (Tweet This!)
  • “Use your strengths to your advantage.” (Tweet This!)

Connect with Arianne

Jun 29, 2017
232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a Year
01:33:25

Why do some people struggle finding one single real estate deal, when others are finding dozens each month? What’s the secret to getting consistent leads? According to our guest today, it’s relationships—and specifically, there are four types of relationships that bring him over 100 deals a year.

Today we’re excited to bring back Nathan Brooks as we dive deep into all four strategies he’s currently using to bring in incredible deals. And don’t miss the powerful discussion we had about leadership and the extreme ownership needed to take your business to the next level! This show is as funny as it is informative, so sit down and prepare for an amazing 90-minute episode!

In This Episode We Cover:

  • Nathan’s quick back story
  • How he finds all his properties
  • The importance of building relationships with the right people
  • The exact phrase he says to agents
  • How he uses the 80/20 principle in relationships
  • The four lead sources Nathan uses
  • Tips for dealing with wholesalers
  • The property management software he use
  • How to find and keep great contractors
  • How to take responsibility for the leadership of your team
  • And SO much more!

Fire Round Forum Links

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “It’s all about relationships.” (Tweet This!)
  • “If you can’t afford the management, you probably can’t afford the house.” (Tweet This!)
  • “You have to take responsibility for the leadership of your team.” (Tweet This!)

Connect with Nathan

Jun 22, 2017
231: A Simple Strategy for Doing 25 Deals a Month with Brett Snodgrass
01:18:44

There are a lot of “shady” people in the real estate space, and wholesalers tend to be the worst offenders. So today on The BiggerPockets Podcast, we are excited to bring you an interview with Brett Snograss, an investor from Indianapolis market who’s (ethically) wholesaling up to 25 houses each month!

Brett shares his exact strategies for finding deals, growing his business, and networking with others. You’ll even witness a “one-on-two coaching” moment as Brett walks Josh and Brandon through their “first deal” at wholesaling real estate.

Brett is a great guy with a super powerful message that will leave you motivated and equipped to dominate your own real estate market!

In This Episode We Cover:

  • Brett’s background as an entrepreneur (and how he got sued!)
  • Tips for buying discounted real estate properties
  • How to get up to 25 properties a month
  • His definition of wholesaling
  • Why he doesn’t fix and flip
  • A discussion on whether this is a good strategy for newbies
  • How his company handles closing costs
  • Why wholesalers run a transactional business
  • The average profit per deal and a walkthrough of one deal
  • How to use direct mail and a PPC website
  • Tips for working on your marketing funnel
  • What Brett’s team looks like
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Your reputation is everything.” (Tweet This!)
  • “If I can save myself 5 hours a week training somebody else to do what I’m doing, then that’d be awesome.” (Tweet This!)
  • “Wholesaling is a transactional business.” (Tweet This!)

Connect with Brett


Jun 15, 2017
230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth Mosley
01:05:56

Real estate doesn’t need to be a full-time business, but it can be a fantastic side hustle! That’s the topic on today’s episode of The BiggerPockets Podcast, where we sit down with Seth Mosley, a musical artist and producer (with several Grammy awards to his name!) who invests in rental properties on the side.

Seth has a ton of great tips to share today for anyone looking to buy more real estate but not able to spend 40 hours a week doing it. And be sure to listen for his fascinating strategy on how he used a virtual assistant to help find and analyze deals! This show is packed full with tips, stories, and humor, so don’t miss a moment of it!

In This Episode We Cover:

  • How Seth started as a music producer, with investing as a side hustle
  • The tax advantages, appreciation, and other reasons why he chose real estate
  • How to know which path to take in real estate investing
  • How you can use 1030 exchanges to buy up to 6 units
  • His portfolio of 20 doors and where he invests
  • How he uses virtual assistants to help him find deals
  • Why you should consider starting an investment club
  • What you should know about S.I.D.E. H.U.S.T.L.E.
  • The importance of focusing on relationships
  • Tips for becoming a part-time investor
  • What’s next for Seth
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Don’t be too attached just because you lived in it. View it as an investment.” (Tweet This!)
  • “If there’s no door, then just build one.” (Tweet This!)
  • “Just get started and get fancy later.” (Tweet This!)
  • “Don’t look for the cheapest property manager. Look for the best one. Hire slow and fire fast.” (Tweet This!)

Connect with Seth

Jun 08, 2017
229: Early Retirement Through Short-Term Rental Properties with Zeona McIntyre
01:29:10

Not everyone wants to work a “real job”—but luckily, real estate investing can offer financial freedom for those willing to put in the work. Today’s guest on The BiggerPockets Podcast exemplifies this perfectly!

Our guest today, Zeona McIntyre, is a master at short-term (aka “vacation”) rental properties and has achieved early retirement with just a small handful of these units. On this fun episode, you’ll discover how Zeona began her rental journey before buying a single property, how short-term rentals can provide significantly more cash flow than traditional rentals, and numerous tips and tricks for getting the biggest bang for your buck.

We also chat on private lending, finding deals, and the amazing number of countries (and continents) Zeona has traveled to. Whether you plan to buy short-term rentals in your future or not, this show packs a powerful punch that everyone needs to hear!

In This Episode We Cover:

  • How Zeona got into the real estate game
  • Why she started out by subleasing her apartment as an Airbnb rental
  • Why you should see private money lenders as opportunities
  • Why reading the fine print is important before signing anything
  • How she found her next deal site unseen
  • What’s unique about her market
  • How she uses systems to manage her units
  • What early retirement means to her
  • Tips for managing vacation rentals at a distance
  • Discriminations and legalities on these properties
  • Airbnb hacks and tips
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “You just take what you have and you leverage that.” (Tweet This!)
  • “You don’t fully understand until you’re in it, until you’re doing it.” (Tweet This!)
  • “You don’t have to be super studied. You just have to start doing it.” (Tweet This!)

Connect with Zeona

Jun 01, 2017
228: Partnerships, Landlording, and Getting Started in Real Estate with Meghan McCallum
01:10:47

A lot of newbies get stuck when trying to get their first few deals. After all, figuring out how to find properties, how to get the money needed to buy them, and how to not mismanage the property are all big tasks.

That’s why we’re excited to bring you this powerful interview with Meghan McCallum, a real estate investor who’s passionate about helping new investors discover their best plan for real estate success.

Today, Meghan shares her story of a terrible first deal that led to an unbelievable second deal (you won’t believe the appreciation she’s seen!) and more. Meghan also shares on the first steps newbies need to do before jumping in, as well as the power of using partnerships to gain experience and financing for your deals!

In This Episode We Cover:

  • Meghan’s journey to her first deal from being a firefighter in Kuwait
  • How she bought a $280k property that now is worth $875k
  • Her thoughts about house hacking 
  • Tips on handling an inherited tenant
  • How to build the systems and team you need to scale
  • Why you should figure out who you are as an investor first
  • Why you should seek out a partner and not a mentor
  • Thoughts on “speed dating” for real estate investors
  • Their next deal (the story of knee-high poop)
  • What exactly an “escalation clause” is
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “We forget in real estate investing that people are people. So like in all relationships, you set ground rules.” (Tweet This!)
  • “We all gravitate to what we’re great at, and what we’re great at makes us happy.” (Tweet This!)
  • “You need to know who you are first as an investor before you even consider what type of investment to get into.” (Tweet This!)
  • “I build my business around good people.” (Tweet This!)

Connect with Meghan

May 25, 2017
227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless
01:20:30

Scaling: It’s a term often tossed around in business and real estate, but what does it actually look like? Today on the BiggerPockets Podcast, you’ll see firsthand how one investor went from a small handful of single family houses to purchasing over $130,000,000 worth of apartment communities in just the past few years.

Our guest, Joe Fairless, has a great story that will show you how you can get started with larger multifamily properties, including several ways to find and finance those big deals. Whether you are looking for your first deal or a 250 unit apartment community, this is one show you can’t afford to miss!

In This Episode We Cover:

  • Joe’s background
  • His first property in Texas
  • Tips for those investing out-of-state
  • The benefits and dangers of buying properties virtually
  • Why he no longer does single family properties
  • How to qualify a market
  • Markets that Joe thinks work
  • Tips on finding partners and funding deals
  • What exactly a master lease is
  • How to network and get people in a deal with you
  • How much money he puts in each deal
  • How they find their apartment deals
  • What a stabilized property is
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I’ve never visited the house before I’ve bought it.” (Tweet This!)
  • “The bigger dollars are in the value-add opportunities.” (Tweet This!)
  • “You want to have customers before you have a product.” (Tweet This!)

Connect with Joe

May 18, 2017
226: From D-Student to $400,000 in Annual Rental Property Cash Flow with David Osborn
01:13:56

What does true wealth look like? Is it simply money or something more? And how does one achieve that wealth? That’s the topic on today’s episode of The BiggerPockets Podcast, where we sit down with David Osborn, a highly successful real estate investor, agent, and New York Times Bestselling author from Austin, TX.

This show is PACKED with incredible, life-changing knowledge, advice, and wisdom from someone who truly walks his talk. David covers everything from buying your first property, the exact “pass/fail” metrics he uses to evaluate potential deals, the importance of work/life balance, and SO much more!

This is one episode you’ll want to listen to again and again!

In This Episode We Cover:

  • A little about David’s background
  • How being lazy can actually work
  • His rental portfolio
  • How he’s managed to build his portfolio easily
  • His advice to those who are still starting out
  • The importance of hanging out with winners
  • The three main things that he focuses on his life
  • How he learns best
  • The story behind “wealth can’t wait
  • A conversation on the definition of wealth
  • What can be improved in the current curriculum
  • How to know when enough is enough
  • How to gain momentum in real estate
  • David’s goals for the next 20 years
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “It’s all about opportunity in life. So you won’t be ready for the opportunity unless you’re prepared.” (Tweet This!)
  • “If you want to be a winner, you’ve got to hangout with winners.” (Tweet This!)
  • “Wealth is not just really about money. It’s about an entire way of living. It’s a state of mind.” (Tweet This!)
  • “The biggest risks in life is not taking risks.” (Tweet This!)

Connect with David

May 11, 2017
225: Surviving a Real Estate Crash and Investing Out-of-State with Kathy Fettke
01:16:11

A lot of investors love to talk about the good times. But for life-long real estate investors, failure is often inevitable, especially during real estate crashes. That’s why we’re excited to bring you this discussion with Kathy Fettke today on the BiggerPockets Podcast.

Kathy started her journey toward financial independence after receiving shocking news from a doctor, but used that motivation to begin investing. Alongside her husband, Kathy built up an impressive portfolio but struggled during the latest real estate crash.

Still, she was able to emerge (and thrive) from the lessons learned. Today, Kathy shares how to avoid the mistakes that led to her difficult times! She also shares insight into buying real estate at a distance and handling the problems that can arise from long-distance landlording.

In This Episode We Cover:

  • The story behind the radio show
  • How Kathy landed her first deal without money down
  • How she converted single family units to multifamilies
  • A discussion on FHA loans and house hacking
  • Key pieces of Robert Kiyosaki’s advice
  • Tips on buying from a distance and using property managers
  • What you should know about finding the right agents, CPAs, and property managers
  • What happened when Kathy got “too confident
  • The important lessons she learned after the collapse
  • What metrics to look for in a market
  • What it takes to come up with $3 million in five minutes
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The hardest times in our lives tend to be the times when we have to dig deep.” (Tweet This!)
  • “Any time you get in front of the path of progress, you’re going to make money.” (Tweet This!)
  • “If you can’t buy this car with cash, you shouldn’t have it.” (Tweet This!)

Connect with Kathy


May 04, 2017
224: Building a Process to Buy 17 Deals a Week with Chris Clothier
01:15:44

What does it take to buy 17 deals a week? What if we told you it was the exact same process needed to buy just one deal per year?

That’s the topic on today’s show, where we sit down with Chris Clothier to talk about how his company is buying up to 17 deals a week following the same process any investor can to get their own deals. Chris also shares keen insight into building up a thriving business, hiring your first or next employee, why he decided to run a 100-mile ultra-marathon, and much more.

Whether you are looking to buy one deal a year or one deal a day, this show will have a tremendous impact on your life! 

In This Episode We Cover:

  • A quick recap on who Chris is
  • How he started a turnkey company that now boasts 1,800 clients
  • Tips for building the infrastructure of a business
  • Why you should hire people
  • The details on his process for offering on deals
  • How Chris finds deals
  • Thoughts on buying houses through social media
  • step-by-step guide on how to actually find and close a deal
  • His ultra-marathon story (and how this relates to real estate)
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I’m not a businessman; I’m a business man.” (Tweet This!)
  • “There’s no better advice that I can give somebody than to be honest and upfront.” (Tweet This!)
  • “Personal relationships are going to help you earn in your business.” (Tweet This!)
  • “Any investor should be able to find a deal that makes sense in any city during any market, up or down.” (Tweet This!)
  • “A good passive investments allows you to sleep well at night.” (Tweet This!)

Connect with Chris

Apr 27, 2017
223: How to Become Set for Life Through House Hacking, Frugality, and Maximizing Your Income with Scott Trench
01:30:27

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 background
  • The path to early financial freedom
  • How to house hack your way to a portfolio of properties
  • Tips for using the BRRRR method
  • How to invest despite what the market situation is
  • An introduction to the book Set for Life
  • The three stages of wealth mentioned in the book
  • What you should know about the “financial runway
  • The bonuses that comes with the book
  • A discussion on making more money
  • The importance of finding a job you love
  • How to get the set of skills you need to succeed
  • Scott’s advice to those who are getting their first deal
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable 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 Scott

Apr 20, 2017
222: Lessons Learned from 40+ Years as a Real Estate Investor with Jay Hinrichs
01:18:11

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 18
  • A discussion on whether you should get a license or not
  • His first houses in the Bay area
  • Why agents are not investing
  • What a hard money lender is
  • How to be approved by hard money lender
  • How Jay became the largest hard money lender in his area
  • Why 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 Forums
  • Tips for finding the right partners
  • How to get the “lion’s share
  • The most common question in the Forums
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable 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 Jay

Apr 13, 2017
221: Buy and Hold Real Estate—What Works and What Doesn’t with Tim Shiner
01:17:34

A lot of people want to invest in rental properties, but a lot of people also fail when they jump in. Why? That’s the topic on today’s episode of the BiggerPockets Podcast, where we sit down with Tim Shiner to learn his story of going from zero to over 150 units and the lessons he picked up along the way.

You’ll hear some incredible strategies for getting unicorn deals when there are multiple offers, the #1 most important characteristic Tim looks for when buying a property, and why he focuses primarily on “higher end” rental houses. You’ll love all the humor, wisdom, and knowledge Tim brings to the show, so sit down, relax, and be prepared to learn!

In This Episode We Cover:

  • How he got started buying quality real estate
  • What makes his location special
  • Why he doesn’t have a real estate license
  • The importance of looking at the “horizon” and the end goal
  • A discussion on diversification on investments
  • The story of the “big white card board
  • Why you should focus on what you are better at
  • Tips for finding mentors
  • The details on his 140 deals
  • Insight into the debate on high-end vs. low-end properties
  • Why he loves appreciation
  • Tips for partnering with your significant other
  • A discussion on buying your kid a property
  • How he finds deals
  • Why you should set a goal, achieve it, and reward yourself
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “Nobody cares as much about your investments as much as you do.” (Tweet This!)
  • “The goal is to get as many checks coming in the mail as possibly as you can.” (Tweet This!)
  • “If you have a strong enough ‘why’ while you invest, that will plow your way.” (Tweet This!)
  • “Set a goal, achieve it, and reward yourself.” (Tweet This!)

Connect with Tim

Apr 06, 2017
220: Student Rentals, Multifamily, & the Silent Cash Flow Killer with Jesse Fragale
01:12:41

Many people buy real estate hoping to make great cash flow. But all too often that cash flow is quickly eaten away by a silent but deadly thief.

In this episode of the BiggerPockets Podcast, Josh and Brandon sit down with real estate investor Jesse Fragale to hear his story and learn more about how this silent killer can eat away your profits if you don’t analyze a deal right. You’ll also learn how Jesse found a way to invest in a crazy expensive market, as well as tips on using partners, scaling to larger properties, and the worst pickup line Jesse has ever used!

In This Episode We Cover:

  • How Jason got into real estate because of a car
  • Why he chose the niche of student rentals
  • ways to earn in real estate
  • Tips for managing student rentals
  • The worst day of Jason’s life (aka why CapEx is important)
  • How much you should prepare for capital expenditures
  • The pros and cons of student rentals
  • Thoughts on jumping into multifamily
  • What you should know about the 50% rule
  • Tips for finding the cap rate in an area
  • How to fund a deals using a partnership
  • A discussion on setting expectations with property managers
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “The bigger the deal, the easier it is to do.” (Tweet This!)
  • “If you bring people a good deal, I believe that they will take it for what it’s worth.” (Tweet This!)
  • “I think there’s success in every facet of real estate.” (Tweet This!)

Connect with Jesse

Mar 30, 2017
219: Private Lending, Turnkey, and Crowdfunding Real Estate with Dr. Kenyon Meadows
00:59:31

Many people invest in real estate hoping to make “passive income” but instead find they work more than they would at a day job! But not all real estate niches require a lot of time—and today’s show proves that! Today on the BiggerPockets Podcast, we sit down with Dr Kenyon Meadows, a real estate investor who chooses to invest his money using a variety of passive real estate vehicles, including funding other real estate investors, investing out of state through several turnkey companies, and investing in over 30 crowdfunding deals! If you are looking to make your real estate more passive, this is one show you can’t afford to miss!

In This Episode We Cover:

  • Who Kenyon Meadows is
  • What you should know about alternative assets
  • How he got into real estate
  • How he structures his private money lending
  • Whether track records matter to him
  • How to impress a private money lender
  • Tips for building permanent wealth
  • How he got into turnkey properties
  • Advice on finding the right turnkey property provider
  • A look at the numbers for a turnkey property
  • How he structures his deals
  • How real estate crowdfunding deals work
  • Kenyon’s future plans
  • What he would tell someone starting out
  • A discussion on investments outside real estate
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I don’t think you should invest in anything unless you really know the ins and outs of it.” (Tweet This!)
  • “Loaning is great, but if you want to build permanent wealth, then you’ve got to own this stuff.” (Tweet This!)

Connect with Kenyon

Mar 23, 2017
218: Driving for Deal Flow and Remarkable Educational Marketing with Erik Stark
00:56:09

Why is it some investors buy deals every single month, when others look for years without landing a single great real estate deal? Two words: deal flow. On today’s episode of the BiggerPockets Podcast, we sit down with Erik Stark to talk about how he consistently drives leads to his real estate business using “driving for dollars,” direct mail marketing, and a fascinating “education marketing” strategy that you’ll be excited to try for yourself!

In This Episode We Cover:

  • Erik’s background
  • What exactly deal flow is
  • The importance of focusing on the strategy
  • The first step in driving for dollars
  • How to identify a distressed vacant house
  • How he tracks his mailers
  • What systems he has in place, including outsourcing
  • Tips for finding out if there’s existing mortgage on a property
  • The Smart Sell Book he authored
  • What R3 zoning is
  • What’s changed in the past two years since he was interviewed
  • His plan for the next years
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “You need to stop chasing opportunity and start working a strategy.” (Tweet This!)
  • “I don’t want to spend my life trying to tell people why I’m better than everybody else.” (Tweet This!)
  • “If you are looking at properties and not writing offers, it’s like going to the gym and not working out.” (Tweet This!)
  • “Cash is everywhere now. There’s no shortage of cash; there’s a shortage of real opportunity.” (Tweet This!)

Connect with Erik

Mar 16, 2017
217: How to Work Less and Earn More Using the 80/20 Rule with Perry Marshall
01:04:57

Every day, our lives are consumed by things that simply don’t amount to much. In fact, most of your successes will come from a very small percentage of your activities. That’s the basic concept of the 80/20 rule, and today’s guest is one of the world’s foremost experts on using the 80/20 rule in business! Today’s guest is Perry Marshall, author of 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making MoreE, and on today’s fascinating show, Perry dives into how to use this principle to work less and achieve more. And don’t miss the fascinating discussion on how to make $10,000 an hour; if you’ve never heard this concept before, it’s about to blow your mind (and business) into the stratosphere!

In This Episode We Cover:

  • Perry’s background and how he got into marketing
  • How he stumbled upon the 80/20 principle
  • Why it’s alright to let go of tenants causing you issues
  • The 80/20 inside the 80/20
  • How this affects investors with rental properties
  • What we can learn from the “principle of the 2700 espresso machine
  • The most important thing in direct mail marketing
  • The 5 qualifiers you should know when selling
  • What to consider about the concept of retargeting
  • How to handle a bad response rate
  • A tip to help you make $10,000 an hour
  • Why you should say no to a lot more things
  • How to differentiate the $10 an hour job from the $10,000 an hour job
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “80/20 is everywhere.” (Tweet This!)
  • “We can fix so many problems by doing so little.” (Tweet This!)
  • “Half of what you are doing right now you shouldn’t be doing.” (Tweet This!)

Connect with Perry

Mar 09, 2017
216: Buying 150 Houses and Experiencing a Financial Meltdown with Damion Lupo
01:10:36

On today’s episode of The BiggerPockets Podcast, we’re pumped to introduce you to Damion Lupo, an experienced real estate investor and hard money lender who has seen it all in real estate—both the good and bad! You’ll learn how it was Damion’s naiveté that led to his early success (and why naiveté matters), as well as the traits that helped Damion build up an incredibly successful cash-flowing business. And don’t miss Damion’s story of the murdered security guard or his golden answers to the question, “How do you get a lender to say yes?” 

In This Episode We Cover:

  • Damion’s first deal that he financed with his Visa card
  • How you can be naive and still make it
  • A discussion on whether it’s harder to find deals nowadays
  • What you should know about driving for dollars
  • The deals he has done so far
  • The murdered guard story
  • Why he wants to be the bank
  • What exactly a lease option is
  • How he structures his partnership
  • A discussion on whether people should get an LLC or not
  • Damion’s view on cash flow
  • What he did to get through the downturn in 2008 
  • Advice for those who want to be hard money lenders
  • Tips for convincing a hard money lender
  • What’s next for Damion
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “With real estate, there was this unlimited potential that is really only limited by me and my thinking.” (Tweet This!)
  • “You can create massive financial wealth with real estate with an 8th grade education. Really, it’s up to you.” (Tweet This!)
  • “People don’t realize the laws of selling. You don’t close deals on your first time.” (Tweet This!)
  • “The way you do anything is the way you do everything.” (Tweet This!)
  • “The worst teacher is success.” (Tweet This!)

Connect with Damion

Mar 02, 2017
215: Condo Conversions, Student Rentals, and Profiting in a Hot Market with Ricky Beliveau
00:57:13

Boston is a tough market. Prices are high, but even high rents aren’t enough to make it profitable to invest. Ricky Beliveau makes money by renting to students, converting small multifamily buildings into condos (it’s easier than you think!), and transitioning unused space into more bedrooms to add massive value.

In This Episode We Cover:

  • How Ricky started by borrowing money from his mom
  • Thoughts on buying an expensive property in an expensive market
  • How he got 4 signers and co-signers per unit
  • Tips for finding a property manager
  • The upsides to having a college rental
  • How he achieves next to zero vacancies
  • How he tenant-proofs his r