BiggerPockets Real Estate Podcast

By BiggerPockets

Listen to a podcast, please open Podcast Republic app. Available on Google Play Store.


Category: Investing

Open in Apple Podcasts


Open RSS feed


Open Website


Rate for this podcast

Subscribers: 3285
Reviews: 7


 Sep 13, 2020

Shawn
 Apr 25, 2020
Great podcast about real estates

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

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, David Greene, and BiggerPockets founder Joshua Dorkin, 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! Visit biggerpockets.com, and follow us on Instagram (@biggerpockets, @beardybrandon, @davidgreene24, @jrdorkin) and Twitter (@BiggerPockets, @BrandonAtBP, @DavidGreene24, and @jrdorkin).


Episode Date
402: Identifying Your Best Market, Neighborhood, and Property in 8 Steps with Brandon and David
01:16:44

When it comes to pulling the trigger on a rental property, what we have is a "paradox of choice." So. Many. Options. It's easy to suffer from Fear of Missing Out, and it's even easier to get overwhelmed by the vast array of options out there.

That's where today's show comes in: press play, and Brandon and David will guide you through an 8-step process to closing on that first (or next) rental property.

Along the way, they share the tools (BP Insights) and team members ("Core Four" and more!) they use to guide decisions about where and how to deploy their capital.

Your action steps start with clarifying your goals, then we move to comparing markets and sizing up different neighborhoods using school district ratings and crime data.

Next, we tackling finding a deal – whether you're using an agent, a wholesaler, turnkey provider, or going off-market yourself... and how to avoid getting into trouble by "trusting your gut and hoping" when you're in an unfamiliar territory.

If you invest out of state, should you fly out? What about systems and standard operating procedures once you've got a tenant in the property? We answer all those questions, and more.

Finally: We mention it a few times in this episode, and if you want to take advantage of our awesome new Pro benefit, BPInsights, use the discount code BPDATA for 20% of a Pro Annual membership.

You'll get access to exclusive BPInsights Facebook group, a bonus webinar showing you how to use this platform to identify a market, and a bunch of other great Pro benefits including unlimited calculator use. Oh, and be sure to use that discount code before it expires on October 1st, 2020!

In This Episode We Cover:

  • Comparing the Cashflow vs. Appreciation potential of various markets
  • Rent-to-Price and "Rent-to-Income" ratios + other indicators
  • How to find market rents, crime data, and school district info
  • The one team member you should seek out to double-check your assumptions about a neighborhood
  • Various types of deal finders and the pros and cons of working with each
  • What to consider when working with turnkey providers
  • Using BPInsights data in your quest for a property
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show402

Sep 24, 2020
401: Follow these Steps to Get People to Know, Like, and Trust You with Jordan Harbinger
01:26:02

Welcome to the brand new Sunday edition of the show – where we go beyond tactics and focus on the "mind game."

In this premiere episode, you'll learn about the easy, free practice that might just be the highest ROI use of your time... and there is no one more qualified to teach this than Jordan Harbinger.

Jordan brushes aside common myths about transactional "networking" using business cards or annoying LinkedIn messages. Instead, he shares the proven system he's used to build a world-class network. In fact, Jordan's strategies are so effective, the CIA and MI6 intelligence agencies hired him to teach them to their agents!

So, how does this apply to real estate investing? Well.. what would it be like to have a solid stable of connections to mentors, private lenders, and people who actively look for opportunities for you? We're talking about people who you know would pick up your call. This show breaks down exactly how you can build those kind of relationship without changing your personalityeven if you think you don't have a ton to offer the other person.

Here's our challenge to you: put just one of these strategies into practice in your business this week, and see what happens. Hit us up on Instagram (@beardybrandon and @davidgreene24) to show us you did it! And remember, without committing to a system and following up, you won't get results.

Let us know what you think of this new iteration of the BiggerPockets Real Estate Podcast. And if you're interested in more conversations like this, check out Jordan's podcast, the Jordan Harbinger Show, wherever you listen to us.

In This Episode We Cover:

  • Why intentional networking is so crucial for real estate investors
  • How to take full advantage of your time at real estate meetups
  • His "Connect 4" system for reengaging with 4 people ("weak and dormant ties") each week
  • How to generate social capital
  • How to avoid strictly transactional relationships
  • The right way to introduce two people to each other over email
  • Developing confidence and overcoming shyness to succeed in the business world
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show401

Sep 20, 2020
400: “This Advice Changed My Life” with Brandon and David
01:13:27

Over 400 episodes, we've absorbed a lot of hard-won real estate investing wisdom from our guests. Pretty tough to boil down to 10 concepts... but that's exactly what Brandon and David set out to do on today's show!

You'll hear them outline each principle, cite the person they learned it from, and bring it to life with real-world examples from their own investing experience as well as those of previous guests.

It's a fitting tribute to a major milestone for the show, and we hope it inspires you to revisit some classic episodes and implement this advice in your own business right away.

Thank you for supporting us; we sincerely appreciate you. If you like what we do, can we ask you to take 30 seconds to leave us a rating and review on Apple Podcasts? Every single one helps, and seeing your feedback motivates us to create more value on the road to episode 500!

In This Episode We Cover:

  • Playing "great defense" with your spending
  • The danger of jumping the gun with the wrong tenant, deal, or partner
  • Focusing on one niche until you're a master
  • Asking yourself exactly what you need to achieve your vision
  • Ways your ego can cost you money in real estate investing
  • Tracking results and constantly improving
  • Only investing in assets you know well
  • Why you should strive to be great at your day job
  • Why bigger deals aren't necessarily more harder
  • And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show400

Sep 17, 2020
399: Solving the Investor/Contractor Relationship with Jeff Thorman of HomeRenovisionDIY
01:45:18

Today we’re swerving a bit from tradition to bring you a guest who is not a real estate investor. Jeff Thorman spent years as a general contractor, built his own company, then started his own YouTube channel, HomeRenovisionDIY, to teach people how to renovate their own homes.

Learn from his years of experience renovating in this episode. Jeff brings us incredible tips on building strong relationships with contractors - from inquiry to project close. We discuss the importance of using quality materials in any project. We even dive into some projects you should absolutely be able to do-it-yourself as an investor. As a real estate investor, you will have to complete renovation projects at some point - use this episode to make sure those projects are seamless and successful!

In This Episode We Cover:

  • Learning the contractors’ perspective
  • The importance in using quality materials and building long-term solutions in your properties
  • Shopping directly from suppliers to save money on big rehab projects
  • Creating systems to retain quality contractors
  • Understanding the real cost of low-cost materials 
  • Upgrades to improve your rental property and decrease vacancy
  • How to ask a contractor to walkthrough a project before you buy it
  • How to spot houses with cosmetic fixes vs. big, expensive projects
  • Newbie DIY projects anybody can tackle
  • And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show399

Sep 10, 2020
398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber
01:07:16

When Tarl Yarber last appeared on the show (#189), we got a behind-the-scenes look at his monster house flipping business.

He was doing a lot of volume, but here's the catch: he was stressed out and unhappy. Plus... with zero rentals to his name, he had to keep spinning the hamster wheel – "feeding the machine" – to make any money.

Today's show is about a big mindset shift, and the systems and teams Tarl put in place to create a business that truly serves him, rather than the way around... and allows he and his wife to travel 200 days a year while working on his business rather than in it.

We cover a lot of topics here, from high-level success principles to the specific real estate investing actions you can take – today – to adopt a more intentional and focused approach to building longterm wealth.

Lastly – Tarl's an exceptional networker, and the guys discuss the importance of meeting up with other rockstar investors even if the pandemic is preventing you from doing it in person.

So... how do you do that?

Well, Tarl's hosting a virtual conference September 18-19, and he's offering a 50% discount to BiggerPockets Pro members (check your email). This isn't a series of webinars, either... You'll be able to actually meet up with other attendees through online breakout groups, so it solves for the biggest challenge most investors are facing right now.

Follow this slink to http://virtualwealthexpobp.com/ to snag your ticket today!

In This Episode We Cover:

  • The many advantages of the Buy, Rehab, Rent, Refinance, Repeat (BRRRR) Strategy
  • Creating multiple exit strategies when BRRRR'ing
  • Why sketchy tax deductions can hurt your longterm wealth
  • Designing your real estate investing strategy to fit your desired lifestyle
  • How Tarl and his wife mapped out their vision on butcher paper
  • Making a "To Do" List and a "To Don't" List
  • Why businesses need to be able to "scale down" in times like these
  • And SO much more!

Links from the Show


Check the full show notes here: https://www.biggerpockets.com/show398 

Sep 03, 2020
397: Live Calls! A Travel Nurse, a College Student, a High-End Flipper + More BP Members Put Brandon, David, and J Scott on the Hot Seat
01:23:25

In today's episode we open up the phone lines again to field your real estate investing questions... and for an added twist, we bring in the familiar voice of author, BiggerPockets Business Podcast host, and house flipper/investor extraordinaire J Scott.

You'll hear callers chime in with questions like: 1) "Help me get started" 2) "should I partner with family members?" 3) "How do I transition from single family to multifamily" – and much more! From refinancing and the finer points of BRRRR... to mentorship and long-distance investing... It's all here!

Tell Brandon and David what you think of this new format in the show notes at biggerpockets.com/show397. We want to hear from you, too!

Aug 27, 2020
396: Post-COVID-19 Investing and Landing Great Deals at Auctions with David Osborn and Aaron Amuchastegui
01:28:27

No one knows where the real estate market is headed next... but with an estimated 30 million Americans out of work, wouldn't you like to know how to buy foreclosed properties, step-by-step?

That's what you'll learn today, from two investors who have completed over 1,000 deals each: David Osborn and Aaron Amuchastegui. They begin the show by sharing their thoughts on today's economy (hint: they've kept plenty of cash cash on hand), then walk us through their 5-step process for successfully bidding on foreclosed properties at auction.

From building a list of properties, to lining up funding, to checking title and actually making your bid, you'll learn how David and Aaron (+ thousands of other investors) built serious wealth buying up distressed properties after the last big crash. This skill set is another tool to add to your tool belt, and whether there's another wave of foreclosures coming or not, you can use it to build serious wealth.

For more, pick up a copy of David and Aaron's new book, Bidding to Buy: A Step-by-Step Guide to Investing in Real Estate Foreclosures. And check out the show notes at biggerpockets.com/show396 for a transcript and other resources.

In This Episode We Cover:

  • The impact of COVID-19 on various assets
  • Why David Osborn is keeping a heavy cash position
  • How the foreclosure process works (notice, etc.)
  • What a foreclosure auction (sometimes called a "trustee sale") is
  • The 5 Steps to buying at auction
  • Why it's so important to drive by every property you plan to buy
  • Aaron's first auction experience as a newbie
  • How to deal with a lien on a property
  • And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show396

Aug 20, 2020
395: From Car Valet to $100k/Month... Seriously! with Thach Nguyen
01:15:20

Today: a no-excuses, American Dream story that will get you fired up to go hunt down a deal!

Thach Nguyen is an investor and agent in the Seattle, Washington area. When he was a kid, his family fled Vietnam for the U.S... he later parked cars at a Chinese restaurant... and despite becoming a top-producing agent building a monster portfolio of paid-off rental properties, he's still hungry and shows no sign of slowing down.

In today's episode, Thach (pronounced "Thatch") shares the lessons he learned during the Great Recession, his criteria for buying a "perfect BRRRR"... and why he says there's no shame in living with mom and dad to save money!

Plus, the guys discuss the pros and cons of paying down mortgages, the psychological advantage of owning your primary residence free-and-clear, and Thach's favorite (free) lead generation strategy.

We think you'll love Thach's energy; he thinks big and will motivate you to do the same. Give him a follow (IG: @thachnguyen) and let us know what you think of this episode!

In This Episode We Cover:

  • How Thach created $100k/month (!) in rental income
  • Why he's focusing on the affordable housing niche
  • Buying townhouses in Seattle, WA
  • Buying a "micro-apartment" building in Oakland, CA
  • And SO much more!

Links from the Show


Aug 13, 2020
394: Making a 25 Deal/Year Business (and Marriage) Work... Together! with Elliot and Chrissy Smith
01:17:51

Ever considered partnering up with your spouse or another family member?

Today's guests Elliot and Chrissy Smith did just that when they left stable careers to flip, wholesale, and buy rental properties together in Washington state.

Running the business together wasn't easy on their marriage. In fact, they almost got divorced. Fast forward to today... they're happy, doing 25 deals/year, and building long-term wealth by steadily buying rental properties.

So, what adjustments did they make?

In this episode Elliot and Chrissy share what they've learned about defining roles, managing cashflow, and finding work-life balance as young parents who happen to be business partners. It's a rare inside look at the ups and downs – and risks and rewards – of running a true family business.

As die-hard fans right remember from his appearance on Show #255, Elliot is a skilled negotiator... and today he shares a surprisingly simple negotiating tip for those nerve-wracking kitchen table conversations with homeowners.

Look: you gotta love a couple who hires a babysitter just so they can drive around looking for distressed properties (a move which led to today's Deal Deep Dive). So check out this episode, and share it with your spouse, friend, or family member who you think might enjoy it!

In This Episode We Cover:

  • How Elliot and Chrissy divided their business into "lanes"
  • Their first taste of success with direct mail
  • Leaving full-time jobs to pursue their dreams in real estate
  • Dangers to be aware of when teaming up with your spouse
  • Showing a seller the math behind your offer
  • Plowing the cash from their flips into buy-and-hold rentals
  • Using the same exact same materials on every flip
  • Incentivizing a contractor by offering a profit share
  • Why they've slowed down their marketing in recent months
  • Elliot's cold call center for real estate investors
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show394

Aug 06, 2020
393: Campus Maintenance Man to $10M in Real Estate Owned with Rick Jarman
01:13:43

Real estate investing... old school!

Rick Jarman (@realestateoldschool on Instagram) joins us today to share some of his hard-won wisdom from 44+ years as a flipper and landlord in Tuscaloosa, Alabama. And it's quite the journey, from cabinet maker and campus maintenance man to cigar-puffing 64-year-old social media influencer!

In this episode you'll hear tales of up markets, down markets, losing it all, getting it all back... and a tornado that wiped out 20 of Rick's 100+ rental houses. He also takes us through his rules for tenant screening, explains why he favors 15-year mortgages, and paints a picture of what it's like to self-manage such a large portfolio of single family homes (with a team, of course).

Give Rick a follow, and if you know someone who'd make a great guest on the BiggerPockets Real Estate Podcast send them over to biggerpockets.com/guest where they can apply to appear on the show.

In This Episode We Cover:

  • How Rick went from maintenance guy to owning 100+ properties
  • Selling his truck to buy his first rental in 1981
  • Investing lessons learned through 4 recessions
  • Why his rentals saved him when his home building business failed in the late 90s
  • Losing 20+ houses in a tornado in 2011
  • Rick's tenant screening process
  • Why tenants' credit scores don't tell the whole story
  • Wrapping 40+ houses into one loan
  • Why some investors "get bored with what works"
  • And SO much more!

Links from the Show

 Check the full show notes here: http://biggerpockets.com/show393

Jul 30, 2020
392: $12,500 per Month in 'Pure Cash Flow' With Todd Baldwin
00:58:04

A $1 million net worth before the age of 30... through frugality and creative real estate investing!

That's what Todd Baldwin's achieved in a few short years, riding the red-hot Seattle housing market by repeat house hacking, renting by the bedroom, and living way below his means.

Sure, Todd's benefited from appreciation, but he's also generating monster cash-on-cash returns across his 6 rental properties. And today, you'll learn just how he's doing it: how he finds pocket listings, why he favors new construction, why he pays for a $2,000/month service most landlords would never dream of providing, how he limits roommate drama, and much more.

Wondering if this is legal? We discuss that in detail. Oh, and get this—Todd's all-time vacancy rate? Zero percent. So if you're in a high-priced coastal market, you need to listen to this show. And if you don't, we can pretty much guarantee you'll still enjoy it and pick up a few landlording nuggets along the way.

Know someone who might put Todd's strategy to use? Share this episode with him or her today! And make sure you're subscribed to the show so you won't miss us next week.

In This Episode We Cover:

  • How Todd makes $12K+ in pure cash flow by renting by the bedroom
  • Why he buys new construction rather than fixer-uppers
  • Why he pays for all utilities
  • The legalities of renting by the room
  • The dangers of buying a property with a homeowner's association (HOA)
  • Using a Tinder-like app to find roommates and tenants
  • Why he hires maids to clean each of his 6 properties weekly
  • His system for preventing conflicts among roommates
  • How complementary skillsets make for great business (and romantic) relationships
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show392

Jul 23, 2020
391: Your Real Estate Questions Answered, Live! with Brandon, David, and BP Nation
01:02:45

Live calls, Dave Ramsey style!

In this episode we open up the phone (er, Zoom) lines to take audience questions on everything from "should I flip or hold this deal" to "Coronavirus cost me my job... how can I invest now?"

Brandon and David offer also advice on house hacking, Home Equity Lines of Credit (HELOCs), appraisals, and the pros and cons of tapping a retirement account to jumpstart a real estate investing career.

We'll be back to our regular programming next week... but let us know what you think of this format. And if you've got 30 seconds to leave us a rating and review in Apple Podcasts, we wouldn't be mad at that either.

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show391

Jul 16, 2020
390: 7 Figures from ONE Deal with Leka Devatha
01:26:21

From fashion design work in India, to a corporate career with Nordstrom... to leaving that career to flip 40+ houses in 6 years – all in one of the hottest markets on the planet!

Seattle investor Leka Devatha has quite a story to tell, and a lot of hard-won wisdom too! From her 6 tips for finding and keeping great contractors, to the exact criteria she uses when looking for a flip opportunity, Leka spills the beans and outlines a framework you can apply whether you choose to flip, BRRRR, wholesale, or buy and hold.

We cover a crucial tax tip for anyone hiring a contractor, ever. Leka shares an unexpected silver lining brought on by the pandemic. And your mind will be blown when she tells how a "cosmetic" flip opportunity morphed into 3-year odyssey and wound up rewarding her with a 7-figure (yes, 7-figure) payday.

Give Leka (pronounced "LAY-kuh") a follow on Instagram and let her know if you appreciate this episode... and make sure you subscribe to the show in your favorite podcast app, so you won't miss the next one.

In This Episode We Cover:

  • Flipping 40 homes in 6 years
  • A "cosmetic flip" that turned into a 7-figure (!) profit through the magic of subdivision
  • Why you should get to know the land use planner in your city
  • Leka's system for finding and retaining great contractors
  • How to start a real estate meetup
  • Why virtual networking amid COVID-19 is more efficient
  • Why she pays her broker a commission even if she keeps a house as a rental
  • Leka's criteria for a great flip opportunity
  • What W-9s are and why it's so important to get them signed up front
  • And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show390

Jul 09, 2020
389: He Changed His Strategy & Is Now Making $1M/Year! With Mike Simmons
01:29:42

Are you tired of toiling in the trenches... and ready to run a business that cranks out profits without your constant involvement?

That's what today's guest has managed to do! In this episode, Michigan-based investor Mike Simmons shares exactly how he went from moderate success to $1 million in annual profit.

You'll learn why Mike switched gears from flipping to wholesaling real estate, what he's learned from spending hundreds of thousands of dollars on various marketing channels, and the four-point checklist you must use when considering any kind of partnership.

Ultimately, expert marketing tactics are fine and well. But to scale, you've got to master leadership and hiring—topics Mike covers in great detail here and in his new book, Level Jumping.

So pick up a copy (see slink below), and share this episode with a friend, family member, or fellow investor who you think would enjoy it!

In This Episode We Cover:

  • Mike's remedy to cure a bad case of "analysis paralysis"
  • Why he switched gears from flipping to wholesaling
  • Why wholesaling is NOT always a great thing for newbies
  • The marketing channels Mike uses to do 100 deals per year
  • Ultra-specific direct mail tips (from a guy who's sent hundreds of thousands of dollars of direct mail!)
  • What most do wrong with direct mail marketing
  • How he made a $50K assignment fee and the key lesson he learned
  • Hiring and managing transaction coordinators
  • Hiring his first salesperson on a "straight commission" pay structure
  • Using personality assessments like DISC and Kolbe when hiring
  • Why intelligence is not the most important predictor of success in real estate investing
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show389

Jul 02, 2020
388: The 7-Step “Playbook” for Scaling Your Real Estate Business With AJ Osborne
01:45:07

Do you dream of stepping back from the day to day and working on your business rather than in it? Of course you do!

AJ Osborne has achieved that goal—and having experienced a harrowing health emergency that incapacitated him for months (see show 286), this Boise, Idaho, investor is ultra-qualified to discuss the value of documenting, delegating, and streamlining your real estate business so it can run without you.

AJ owns and operates over 1 million square feet of self-storage. Today he breaks down the seven-step process he uses to improve operations, unlock hidden value, and scale fast.

If you're thinking, "I don't do deals that big," rest assured: AJ reveals that he actually lost money on his very first deal but gained a ton of wisdom, which he's generous enough to share with us today—and which applies across the board.

Plus, AJ shares a tip on financing deals that may totally change the way you think about growing your portfolio!

Check him out, and pick up a copy of his book, The Investor's Guide to Growing Wealth in Self-Storage: How to Turn a Real Estate Asset into a Thriving Business.

Jun 25, 2020
387: Time Freedom Through 7 Deals in Her First 3 Years With Megan Greathouse
01:25:30

On today's show: the massive impact of just a few flips and a few small multifamily rental properties.

Starting in 2017, that combination allowed our guest Megan Greathouse to step aside from her W-2 job (her husband still works) and spend much more time with her two young kids... all while dedicating just 5 hours per month to self-managing her portfolio in St. Louis.

Want to know how she did it? Megan spells it all out in this episode and provides the exact tools and templates she uses to maximize her efficiency—enabling her business to serve her and allowing more time for what really matters.

Give Megan a follow, and share this episode with a friend, partner, spouse, or family member who you think might enjoy it!

In This Episode We Cover:

  • Starting out with a fourplex
  • Investing with a full-time job and kids
  • The P.R.O.P. system for property management
  • How Megan and her husband use the "2 in 5 Rule" to avoid capital gains taxes
  • How she uses real estate to create time freedom and hang out more with her kids
  • Flipping an old house near Washington University in St. Louis
  • A BRRRR "fail" (contractor issues) that turned out OK
  • Lessons she learned in the military
  • The key to avoiding analysis paralysis: "Get to 80% and go!"
  • Buying a 60-acre farm outside the city
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show387

Jun 18, 2020
Still Doing Deals... Thanks to These 2 Pivots With Marcus Maloney (Part 2, Post-Coronavirus)
00:34:39

Yesterday, Marcus Maloney showed us how he built his deal-finding machine. Today, he tells us how he's hanging onto it by making two big shifts in his business.

When the pandemic hit, lenders got nervous... and that put a couple of Marcus' deals in danger. So did he give up? No! He tapped his own network of private lenders to provide financing to his end buyers—a win-win-win.

Plus, Marcus tells us why he's shifted focus to the Midwest since we first spoke and how he worked out a deal with a "great tenant" who wound up unemployed and unable to pay rent.

Wondering how to adjust your business to the new normal? Check out this episode, and subscribe to the BiggerPockets Real Estate Podcast so you won't miss the next one.

In This Episode We Cover:

  • The problems Marcus ran into in mid-March
  • How he plugged the gap with private money
  • Developing relationships with private lenders before you really need them
  • Why he's concentrating on a lower-priced market
  • How he negotiated with a resident who could no longer afford rent
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show386-5

Jun 12, 2020
386: Starting Out With $200 and Investing for Profit AND Cash Flow With Marcus Maloney (Part 1, Pre-Coronavirus)
01:01:35

From "bad drug dealer" in his youth... to earning a master's degree, then jumping into real estate at age 36 and crushing his first deal!

Today, Marcus Maloney shares his wild ride in Part 1 of two episodes this week. This one was recorded before the coronavirus pandemic, so we don't discuss that topic. Tomorrow, we'll dive into how Marcus pivoted to keep doing deals in these trying times.

In this episode, you'll learn how Marcus used just $200 to launch his career, how he acquired nine rental properties, and how he's completed dozens of local (Phoenix) and long-distance (Chicago) real estate transactions.

He also discusses the strategies he's using to generate leads, how he builds trust with both sellers and buyers, and how he works with acquisition managers, who take a cut of the deals they bring him.

Plus—the guys have a great conversation about performance coaching and why the thing that's holding you back probably isn't something you're going to fix at a real estate boot camp.

Marcus was nice enough to take some time out from riding his Harley to share some of his hard-won wisdom, so say hello to him on the BiggerPockets Forums, where he's a frequent contributor.

And don't forget to subscribe to the BiggerPockets Real Estate Podcast so you won't miss the next show!

In This Episode We Cover:

  • How Marcus "flipped piglets" as a boy
  • How a rescinded job offer led to him to pursue real estate
  • The personal development he had to do to become a successful real estate investor
  • Direct mail marketing
  • Closing deals on the phone
  • Attracting partners by creating valuable content
  • Why Marcus lives in Phoenix but buys rentals near Chicago
  • What separates successful "bird dogs" and wholesalers from those who give up
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show386

Jun 11, 2020
385: Once Homeless, Now Investing in an Expensive Market (With No Money of His Own) With Greg Gaudet
01:27:37

Flipping with no money down... in Hawaii? You heard that right.

Greg Gaudet actually considers himself "risk-averse" and still holds a full-time job, but he's able to make nice chunks of change by hustling to find deals and managing rehabs for Brandon's team on Maui.

Today, Greg walks us through his journey from "rock bottom," including bouts with addiction and homelessness, to living the life of his dreams, buying a Porsche cash, and owning a handful of properties free and clear.

You'll learn the right way to approach investing in condos, how to bring value to a potential partner or mentor, how Greg manages risk by keeping his living expenses low, and the mindset shifts that allowed him to 1) get clean and 2) "get out of his own way" in the real estate business.

This is truly one of the most powerful stories we've told on the BiggerPockets Real Estate Podcast, and it's guaranteed to get your wheels spinning!

In This Episode We Cover:

  • How tragedy shaped much of Greg's early years
  • Bad advice he received when jumping into investing
  • What to look for (and avoid) when investing in condos
  • How Greg bought a condo for less than 50¢ on the dollar
  • How he and Brandon structure their flip deals
  • How anyone can flip without risk—if they're willing to work
  • Greg's "why" (and his paid-for Porsche)
  • How to approach a mentor without making it awkward
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show385

Jun 04, 2020
10 Deadly Mistakes Real Estate Investors Make with Brandon and David
00:42:13

After yesterday's deep dive interview discussing 2 disastrous flip projects, we have a solo show for you today.

And the title says it all, really.

Brandon and David boiled down nearly 400 podcast episodes, countless forum threads, books, and real-life conversations, and their own missteps and now present: the Top 10 Ways Real Estate Investors Lose Money.

These aren't the only ways to go wrong in this business, but at some point you're in danger of falling into at least one of these traps.

So, what did we miss? Let us know in the forums, the comments section on our show notes, or in the Official BiggerPockets Facebook Group. And be sure to subscribe to the BiggerPockets Real Estate Podcast so you won't miss an episode.

In This Episode We Cover:

  • Focus vs. spreading yourself too thin
  • The #1 way to lose money that you haven't thought of
  • Managing the people who manage your asset
  • What David calls "Spreadsheet magic"
  • Investing in areas with diverse employment
  • Over-renovating after watching too much HGTV
  • Inheriting tenants from a seller
  • Evaluating real estate agents
  • The myth of "more money down = more safety"
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show384-5

May 29, 2020
384: Losing $60k on His First 2 Flips so You Won't Have To with Spencer Cornelia
01:14:24

You can put a dollar number on the losses Spencer Cornelia took on his first two long-distance flips... but it's hard to quantify the value of the lessons he learned and is now passing on to you.

We noticed Spencer's thread detailing his struggles in the BiggerPockets forums and invited him on the show; he bravely accepted.

In this episode, you'll learn the pitfalls to watch out for when taking on heavy renovations (anywhere, but especially long-distance), how to ensure quality work is getting done, and the dangers of letting projects drag on when you're locked into expensive short-term financing.

Plus, it's not a total downer... because Spencer's seeing a bunch of success with his new Youtube venture, and plans to continue investing in (less aggressively leveraged) real estate projects.

Brandon and David add their own perspectives having made some similar errors in their careers, and tomorrow in Part 2 they'll break down the 10 Deadliest Mistakes Investors Make.

New investors: heed the advice in these two shows! And as always: run your numbers conservatively, know your own risk tolerance, and run deals by trusted advisors before jumping in.

In This Episode We Cover:

  • What went wrong with Spencer's rehabs
  • How to ensure contractors are doing quality work
  • Incentivizing team members and keeping them accountable
  • How much money he paid in interest and fees to his hard money lenders
  • Functional obsolescence and complications with older homes
  • Why you can't always trust an appraisal
  • "Home buyer turnoffs" and why it's easy to miss them
  • Why Spencer sold and took a loss rather than choosing another exit strategy
  • Why he's not giving up on real estate
  • How you can "go broke buying good deals"
  • And SO much more!

Links from the Show

 Check the full show notes here: http://biggerpockets.com/show384

May 28, 2020
383: Finding Your Perfect Partner and the Top 6 Factors When Choosing a Market with Ben Leybovich & Sam Grooms
02:00:41

Interested in someday making the leap to bigger investments? Don't miss this one!

Ben Leybovich and Sam Grooms join us for a high-level conversation about how they transitioned from flips and smaller assets to 100-plus-unit, value-add multifamily deals.

Since the first part of this show was recorded pre-coronavirus, we brought the guys back on to hear their thoughts on today's market and get an update on how their business is doing amid the volatility (spoiler: pretty well!).

In This Episode We Cover:

  • Finding the perfect partner for you
  • The 6 factors they look at when analyzing a market
  • Why Sam & Ben keep such a large reserve fund
  • Why investors sometimes overvalue cash flow
  • Why they like the Phoenix market
  • How to establish a competitive edge in real estate investing
  • How they look at multifamily syndication as "a long flip"
  • Why equity protects you
  • Buying insurance against interest rate increases
  • Hiring their own construction team
  • How they're adjusting to COVID-19
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show383

May 21, 2020
Surviving When the BRRRR Hits the Fan with Josiah Smelser (Part 2, Post-Coronavirus)
01:04:28

What happens to a no-money-down BRRRR investor when a pandemic breaks out, lending standards suddenly tighten, private money lenders get skittish, and property values quickly drop?

Today, Josiah Smelser returns to the show and tells all.

In Part 1 yesterday, we learned how Josiah built a $4M portfolio by buying, renovating, renting, refinancing, and repeating using both hard money and private money.

Coronavirus hit him hard. And if he didn't have cash reserves, credit options, and the right mindset, it might have totally wiped him out.

When the virus hit, Josiah had 10 properties he needed to refinance. It was a perfect storm: His private money lender immediately pulled funds, his refinance bank changed their terms, and property values dropped—all at once—meaning he would need to bring way more cash to the table.

What happened next? Listen to this episode to learn about how Josiah made it through the nightmare and came out on the other side... with more equity and reduced interest payments.

Real estate investing isn't all sunshine and rainbows. But if you keep your mind right, plan your exit strategies, and maintain cash and credit lines, you too can survive the curveballs thrown your way.

In This Episode We Cover:

  • What happens when private lenders want their money back
  • Why Josiah's bank changed the loan-to-value ratio on him
  • Tapping a cash-out refinance in an emergency
  • Trying to sell a property you had planned to BRRRR
  • Taking out loans in your spouse's name to get around loan limitations
  • Key to pulling off a BRRRR in a down market
  • How Josiah saved $750K in interest over 30 years by getting a lower interest rate
  • How an attorney can help you arrange a great partnership
  • Why Josiah looks at this stressful time as a highlight of his real estate investing career
  • And SO much more!

Links from the Show

Check full show notes here: https://www.biggerpockets.com/show382-5

May 15, 2020
382: No Money Down BRRRR Investing with Josiah Smelser (Part 1, Recorded Pre-Coronavirus)
01:23:57

Today we bring you Part 1 of back-to-back episodes with real estate investor/appraiser/author/all-around good guy Josiah Smelser.

This first conversation was recorded pre-coronavirus lockdown, but it's packed with tips you can put into action today. You'll learn how Josiah solved the #1 bottleneck in his business (capital!), allowing him to BRRRR at scale and rack up rental properties with very little money out of pocket. Even more impressive: he's doing it long-distance (The properties are in Dallas, TX and Josiah lives in Huntsville, AL.)

And if that weren't enough, the guys go in-depth on appraisals – and the techniques you can use to help appraisers see your side of the story. Josiah's a longtime licensed appraiser, so he speaks from experience... and he shares his playbook for giving yourself the best chance to pull all your money out of your deal.

If you like what Josiah has to say, then be sure to check it Part 2 tomorrow. We bring him back on, post-COVID-19, to discuss the serious challenges he's faced: lenders pulling out, property values dropping, and even a domestic violence issue at one of his rentals.

The good news: he made it through. Tune in tomorrow to hear how!

In This Episode We Cover:

  • Why Josiah sold his properties pre-2008 crash (and why he still regrets it!)
  • Combining hard money and private money to BRRRR with no money out of pocket
  • How Josiah uses "boots on the ground" partners to invest at a distance
  • Why he analyzes 8-10 deals per day
  • Buying houses sight unseen
  • Why BRRRR investors must keep cash reserves
  • How to talk to appraisers (like getting out of a speeding ticket!)
  • Why a property's list price is irrelevant
  • Deals... on the MLS, in 2020?!
  • The square footage trick that's made him thousands of dollars
  • Losing out to a lower offer on a big multifamily deal
  • And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/show382

May 14, 2020
381: 5 Rules for Investing in a Down Market with Tucker Merrihew
01:18:29

Can you flip, wholesale, and buy rentals throughout a downturn?

Yes... IF you heed the advice given out in today's episode.

Our guest Tucker Merrihew is more than qualified to tackle this subject, having launched his real estate business in Portland, Oregon, in 2008—during one of the worst housing markets of all time.

In a rare "Double Deep Dive" segment, Tucker walks us through a couple TTM Development projects from 2009 and reveals exactly what he did right and wrong at the time.

As for the coming months... you'll learn which types of properties to avoid, which price ranges to target, and why renovating old homes can be risky business at this stage of the market cycle.

Plus, Tucker explains why he underwrites every deal at 3 different prices to make sure it passes his "Oh $#!# Test" if the market goes south.

Tucker is a seasoned pro with hundreds of deals under his belt, and he shares tons of valuable information for free in this episode. Be sure to subscribe to the BiggerPockets Real Estate Podcast for more tips on investing safely while taking advantage of the opportunities ahead.

May 07, 2020
380: Profitable Landlording in a Crisis with Mike Butler, Chris Clothier, and Dave Poeppelmeier
01:43:47

Feeling like you're in uncharted territory as a landlord? You're in good company!

Today's show walks you through how to ethically and profitably manage rentals through the COVID-19 outbreak and beyond.

Brandon and David sit down with Mike Butler, acclaimed author of Landlording on Autopilot; Chris Clothier, partner at REI Nation (formerly Memphis Invest); and Dave Poeppelmeier, owner of eight houses in Toledo, Ohio.

You'll get a ton out of this panel discussion, including exact scripts for communicating with non-paying residents, strategies for connecting tenants to government resources, a discussion about "deferment" vs. "forbearance," and much more.

Mike (500+ units), Chris (6,000+ turnkey units), and Dave (8 properties, mostly student rentals) are all in different markets and at different stages of their investing careers... so you're guaranteed to learn something you can apply in your business today.

Enjoy this episode, jump on the BiggerPockets Forums to connect with fellow investors, and subscribe to this show in your favorite podcast app so you won't miss us next week!

In This Episode We Cover:

  • Mortgage forbearance vs. deferment for landlords
  • What % of REI Nation's tenants paid April rent
  • Establishing open lines of communication with tenants
  • What tone to use in conversations about rent
  • Why Dave proactively reached out to his renters
  • Guiding tenants to government resources (unemployment, etc.)
  • Creating contingency plans
  • Mike's "Wendy's walk-up window" for rent payment
  • How to look for better financing in low-interest-rate environments
  • How to stay organized if you're getting government assistance for your business
  • And SO much more!

Links from the Show

 Check the full show notes here: https://www.biggerpockets.com/show380

Apr 30, 2020
379: What the Numbers Reveal About Today's Rents, Prices, and Top Cashflow Markets with Data Scientist Dave Meyer
01:12:31

There are plenty of opinions out there about where the real estate market is headed next. But what are the numbers telling us?

Today we dig into the data with Dave Meyer, BiggerPockets' VP of Growth and Analytics and a real estate investor himself.

Dave leads BiggerPockets Insights—a Pro/Premium benefit providing current local market data—and he's been looking at data points in the weeks since shelter-in-place orders began to grind the economy to a halt.

So...

Why are rents down? Why haven't prices dropped? And what data should investors be keeping an eye on? The guys tackle those questions and much more in today's episode.

Plus, Dave discusses his list of the country's best 11 cashflow markets adjusted for vacancy and explains what makes them so attractive right now.

Add in a topical "Fire Round" and a breakdown of Dave's "ski for free" Airbnb scheme, and you've got an action-packed episode sure to bolster your confidence in these uncertain times.

Check out this episode of the BiggerPockets Real Estate Podcast, and be sure to subscribe to the show in your favorite podcast app so you won't miss the next one!

In This Episode We Cover:

  • The top cashflow markets in the country for high value and low vacancy
  • 3 data points Dave looks at when analyzing a new market
  • Why housing prices haven't fallen much yet
  • Dave's (cautiously optimistic) forecast on real estate prices
  • What's happening to rents nationwide
  • What "income-to-price" reveals about a market
  • What BiggerPockets Insights is
  • How new investors can take advantage of this downtime
  • The potential of a population shift away from urban centers
  • How Dave bought an Airbnb in Colorado to "ski for free"
  • And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/show379

Apr 23, 2020
378: A $500M Syndicator's View on Today's Market and How to Succeed as a "Hands-Off Investor" with Brian Burke
01:32:02

With a recession already underway, we're turning to an investor with 30 years of experience, 3,000-plus multifamily units acquired, and one of the sharpest minds in real estate.

Brian Burke is back today, and he sits down with Brandon and David to offer his interpretation of current events and to guide our audience through how to invest passively without violating Warren Buffett's No. 1 rule: "Never Lose Money!"

Brian explains how his firm Praxis Capital is navigating COVID-19 and shares a few tips everyday investors can use to fortify their portfolios. We also discuss leverage, how lending practices are changing, and techniques you can use today to safeguard your investments against vacancy and drops in valuation.

In the second half of the show, Brian speaks to those interested in becoming "hands-off" investors—whether you want to focus on making money in your day job or just don't want to deal with being a landlord. After all, BiggerPockets has 10-plus books on how to actively get deals done... but none (until now) on how to evaluate passive investment opportunities.

We go over how to meet syndicators, what red flags to look for, how to diversify your investments... and the absolute No. 1 quality to look for in a passive investment (hint: it's NOT the deal itself).

This episode is packed with deep insights into the current market shift, but it's also a timeless lesson in evaluating syndication opportunities.

For more info, check out Brian's new book, The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications, and all the great bonus content, too.

In This Episode We Cover:

  • How Brian got his start raising capital from his cop buddies
  • "Bulletproof vests" investors can use to survive right now
  • Brian's definition of "over-leveraged"
  • Why Brian is currently more focused on operations than acquisitions
  • How government stimulus $ may affect the real estate market
  • How and where passive investors meet syndicators
  • The #1 quality passive investors should look for in a syndicator
  • Why the deal sponsor is more important than the deal itself
  • Diversifying your passive investment portfolio
  • Red flags to look for when evaluating syndicators
  • Why "alignment of interests" is overrated
  • The lesson he learned from a friend who lost her life savings

Links from the Show

Check the full show notes here: http://biggerpockets.com/show378

Apr 16, 2020
377: The Riches Are... on the Radio? How to Dial in Your Marketing & Do 100+ Deals a Year with Chris Arnold
01:23:04

Today's guest does 125 deals a year in Dallas—from his home base in the Caribbean.

How? Well, he bailed on direct mail marketing and doubled down on radio ads.

And when others froze up as the coronavirus spread, his team put in new systems and closed a $23,500 wholesale deal... without even stepping foot inside the house.

Chris Arnold zigs when others zag, and today you'll learn how he sets up his business so he can consistently work ON it, not in it... while enjoying a great lifestyle in Tulum, Mexico.

Chris shares timely tips for how to orchestrate deals while maintaining safe social distancing (he even holds "Zoom open houses" with multiple cash buyers at once); breaks down which team member handles each aspect of a transaction; and delivers a fantastic tip for new real estate investors struggling to stay focused.

Plus—Chris shares how advertising on local radio stations has elevated his home-buying business to new levels. Look, he says, you might prefer podcasts... "but you are not your seller!"

We play one of his ads on the show, and he guides us through how to research various audiences and negotiate the best rates with stations.

This show covers it all—from the finer points of buying properties at deep discounts to the mindset shifts Chris has made along the way.

Check it out, and if you enjoyed this please share it with just one family member or friend. We appreciate you, and we'll see you next Thursday.

In This Episode We Cover:

  • Why Chris runs his business virtually from Mexico
  • His #1 lead generation strategy: good old-fashioned radio!
  • 3 major demographics he markets to
  • Why "bouncing" is the reason so many newbies fail
  • 3 shifts he's made to adapt to COVID-19
  • How he decides whether to wholesale or fix and flip a property
  • The exact workflow his team uses to work leads from start to finish
  • How he inspects houses remotely
  • Closing deals over the phone
  • How he puts together "Zoom open houses" for cash buyers
  • How he's finding cash buyers who will buy sight unseen
  • How the market is reacting to coronavirus
  • Ways to back out of a contract if necessary
  • And SO much more!

Links from the Show


Check the full show notes: http://biggerpockets.com/show377

Apr 09, 2020
376: 12 Real Estate Rockstars Reveal Their #1 Tip for Surviving (and Thriving) through a Downturn
01:05:07

In this time of financial and economic uncertainty, expert guidance, insight, and wisdom can make a world of difference.

With that said, we shared insights from 12 seasoned and rockstar investors whose wisdom and guidance we look up to, trust, and value. In this episode, you’ll hear their number 1 tip for surviving and thriving in this economic meltdown. 

Discover some much-needed wisdom and guidance—from having the right mindset, to adjusting your tactics, down to updating your finances—we have it all covered. If you’re looking for ways to stay afloat at a time this challenging, this episode is for you!

Apr 02, 2020
375: Live Coronavirus Q&A: Resources, Tactics, and Mindset Shifts for Today's Real Estate Investor
01:43:23

Economic upheaval. Tenants losing their jobs. Entire cities shut down.

How should real estate investors operate today?

In this episode, we’re opening up the phone lines and patching in both expert investors (Tarl Yarber, Avery Carl, Justin Stamper) and newbies (Sawyer, Adam, Joe) in various markets across the country.

What you’ll learn: how hard-hit short-term rental operators can adapt to travel restrictions, how to plan for non-payment of rent, which strategies are likely to work best in the coming economic shift, what the heck is going on with interest rates... and much more.

Tell us what you think of this new format, and be sure to subscribe to the BiggerPockets Real Estate Podcast for more on how best to run your business in unprecedented times.

Stay safe and we’ll see you next Thursday.

Mar 26, 2020
374: What Real Estate Investors NEED to Know About the Coronavirus, the Economy, and the Problems At Your Door
02:05:52

Rent's due... or is it?


From quarantines to eviction moratoriums to a plummeting stock market, COVID-19 has upended seemingly everything -- and today we talk through what it all means for real estate investors.


J Scott, author of Recession-Proof Real Estate Investing, and Scott Trench, author of Set for Life and CEO of BiggerPockets, join Brandon and David for a roundtable discussion packed with perspective and insight.


We begin with a high-level analysis of today's economy, and discuss how you can fortify your portfolio in the face of a likely recession (there's still time!). Then, the guys take on your most pressing questions -- starting with, "what happens if my tenant doesn't pay rent?"


*NOTE: If you want to skip directly to audience Q&A, that section starts at 1 hour, 5 minutes.*


Whether you're a brand new investor nervous about getting started... or a veteran waiting for the right opportunity to deploy capital, this episode will give you a chance to take a deep breath and assess the playing field.


We hope you enjoy this special episode, recorded March 18... Stay safe, take care of yourselves, and stay tuned for more Coronavirus content across all BiggerPockets platforms in the days and weeks ahead.


In This Episode We Cover:

  • BiggerPockets members' top questions right now
  • How to control your emotions when people around you are panicking
  • Which strategies do and don't work well during downturns
  • How to approach tenants who have lost income and don't pay rent
  • The importance of "buying right" and keeping cash reserves
  • 6 ways real estate investors should prep for a recession
  • How power dynamics in the marketplace will change
  • Whether you should still be out there looking for deals
  • How to productively use your time while confined indoors
  • Adjustable Rate Mortgages today
  • COVID-19's effect on the overall economy
  • The effects of Quantitative Easing and 0% interest rates
  • And SO much more!


Links from the Show



Check the full show notes here: http://biggerpockets.com/show373

Mar 19, 2020
373: Invest Locally or Out of State? Why Not Both! BRRRRing & Building with Lee Ripma
01:31:27

Four years ago, Lee Ripma was brand new to real estate. She vowed she'd one day appear on the BiggerPockets Podcast. That day has come.

And we're all better off for it!

In this action-packed episode, Lee traces her journey from full-time field biologist to newbie who jumped straight into long-distance multifamily (wait 'til you hear about her first deal!) to developing apartment buildings in the high-end Los Angeles market.

You'll learn how she formed relationships with local, "boots-on-the-ground" partners on her BRRRR deals in Kansas City, why she came to prefer value-add multifamily deals over BRRRR, and how she's able to find higher and better uses for properties in Southern California.

From looking at our podcast stats, we know a LOT of you are in hot markets like L.A., New York, San Francisco, and Washington, D.C. If you've ever thought to yourself, "My market's so expensive... How can I invest in real estate?"—look no further.

This episode will get you motivated, and it may just ignite your real estate investing career!

Be sure to subscribe to the BiggerPockets Real Estate Podcast, sample the other BiggerPockets podcasts in our network (just search "BiggerPockets" in your favorite podcast app), and as always, if you appreciate this content, please give us an honest rating and review on Apple Podcasts.

Mar 12, 2020
372: Flipping and Rental Property Investing 2,000 Miles Away with Erin Helle
01:10:41

Securing financial freedom for her family through long-distance real estate investing!

West Point graduate Erin Helle's story starts the day she was ordered to deploy to Afghanistan. She already had a young daughter, and her husband was headed to Iraq.

Something had to change.

Mix in a serious health condition, the result was this: Erin felt forced to take action and build something that would endure and provide for her daughters no matter what.

In this episode, you'll learn which steps she took. From buying new construction, to flipping at a distance, to using a self-directed IRA to purchase a rental property, this show is packed with valuable lessons from an investor who's acquired 20 doors in the span of two years.

Erin shares a powerful story that's sure to make you think hard about the legacy YOU plan to leave behind and what you plan to do to get there.


In This Episode We Cover:

  • Buying new construction
  • Generating momentum as a newbie investor
  • Erin's key performance indicators
  • Lead measures vs. lag measures
  • Out-of-state real estate investing
  • Teaching young kids about money
  • Why getting your real estate license may be overrated
  • Why she doesn't "DIY" anymore
  • And SO much more!


Links from the Show


Click here for full show notes: http://biggerpockets.com/show371

Mar 06, 2020
371: Introducing BiggerPockets' Brand New Show: Real Estate Rookie Podcast
00:12:36

More "newbie" content. More "first deal" success stories. Tips, tools, and step-by-step guidance from investors just one step ahead of you.

That's what many of you have been asking for.

And that's what you'll get when you subscribe to Real Estate Rookie, BiggerPockets' newest podcast!

Episode 1 is LIVE now, and it's a gem if we do say so ourselves—check it out here.

In this brief announcement, Brandon and David introduce hosts Ashley Kehr and Felipe Mejia (remember them from episodes 348 and 329?)... and explain WHO would—and wouldn't—benefit from listening to Real Estate Rookie.

You might be asking—is the "OG" BiggerPockets Podcast changing? Or even going away? Not a chance!

In fact, we hope you listen to both shows.

Check out Real Estate Rookie today, and Brandon and David will have another great interview right here tomorrow.

Then next week, you'll get an episode of Real Estate Rookie on Wednesday, and we'll be back to regular programming.

Tell us what you think of the new podcast, join the Facebook group (just search "Real Estate Rookie"), and give Ashley and Felipe a follow on Instagram @wealthfromrentals and @felipemejiarei!

Mar 05, 2020
371: 75 Deals at Just 20 Years Old with William Brown
01:23:54

$700,000-plus in wholesale fees—fresh out of high school!

On this show, Will Brown reveals how laser-focusing on “deal flow” allowed him to build a rental property portfolio, build a self-sustaining business, and amass a small fortune… all in a matter of months.

You’ll be blown away by Will’s story of being struck by inspiration while playing Grand Theft Auto at age 18. That led to the BiggerPockets Podcast, and well… you’ll have to hear the rest of his story to believe it.

If you want to know the exact structure of a four-deal-per-month wholesaling business and the specific marketing methods Will uses to reach sellers, check out this episode. He walks us through how he handles leads, how he manages his business from 3,000 miles away, and why he’s handing over the reins to a partner so he can focus on building a technology startup.

This is a fantastic episode highlighting a BiggerPockets member who took massive action, trusted the process, and saw massive results. Download this one, and make sure you’re subscribed to the BiggerPockets so you won’t miss a show!


In This Episode We Cover:

  • How Will built a powerful marketing machine
  • How he's able to spend only 30 minutes on each deal
  • How he prevents leads from slipping through the cracks
  • Ringless voicemail messaging and text message marketing
  • Why he prefers wholesaling over flipping houses
  • How he handles tricky title issues
  • Why it's never a bad idea to make an offer
  • Will's artificial intelligence startup
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show371

Feb 27, 2020
370: Tax Hacks to Juice Your ROI with Amanda Han and Matt MacFarland
01:20:53

Get to know enough CPAs, and you'll hear the "light bulb" story.

"I was helping this real estate investor with her taxes... and thought, 'Why am I not doing this?!'"

Yes, there are POWERFUL tax breaks available for rental property investors. But you have to know what to look for!

That's the focus of today's episode AND the new book (out today!) from Amanda Han and Matt MacFarland: "The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors."

You'll hear Amanda and Matt break down the basic concepts you need to understand in order to reach your goals, outline the questions you should ask your CPA, and take on the notorious "Do I need an LLC?" question.

You'll also learn about more complex strategies like advanced/bonus depreciation, Opportunity Zone investing, and 1031 exchanges... plus, how short-term rental investors and flippers can optimize their tax strategy.

This episode is packed with free information that is literally valuable—meaning it could save you thousands, or tens of thousands, of dollars!

Download this one, check out the book, and subscribe to the BiggerPockets Real Estate Podcast so you won't miss the next show.


In This Episode We Cover:

  • How Amanda and Matt ended up doing tax/real estate
  • What they do and how they help clients
  • What their new book is all about
  • How to save tons of money in terms of taxes
  • Best time to work with a CPA
  • How an LLC plays into a real estate investor’s life
  • 3 benefits of working with a professional
  • Importance of having a system in place with the help of tax and legal advisors
  • How cost segregation comes into play
  • Who does a cost segregation study
  • Other things investors should not do on their own
  • Why it pays to be cautious when it comes to 1031 exchanges
  • Why buy and hold is preferable over flipping from a tax perspective
  • Cool things about short-term rentals from a tax perspective
  • What an Opportunity Zone is and why it matters
  • What a flow-through entity tax break is
  • And SO much more!


Links from the Show

 

Check the full show notes here: http://biggerpockets.com/show370

Feb 20, 2020
369: Escaping the Day-to-Day Grind to Work ON Your Business with Jefferson Lilly
01:12:51

Want to step out of your business and finally gain the freedom to think more strategically? Let Jefferson Lilly show you how!

Jefferson is a mobile home park investor, who went from sleeping on an air mattress on-site at his mobile parks to running a lean team and focusing his energy on raising millions from investors.

No matter what stage of your career you’re in or what your preferred strategy is, you’ll get a ton of value out of this high-level discussion about building a “2.0” business that serves you AND your team.

You’ll learn how Jefferson went from acquiring parks “deal by deal” to starting a fund, how he overcame fear to hire several six-figure employees, and how he incentivizes his team to maximize occupancy.

Also, Jefferson breaks down the criteria he uses to narrow down potential deals (including proximity to a Walmart)—AND reveals the four main ways he and his team reach out to mom-and-pop park owners.

This is an awesome show, whether you’re interested in mobile homes or not. So check it out, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss the next one!


In This Episode We Cover:

  • The “unfair advantages” of mobile home park investing
  • 4 main methods to find off-market deals
  • How his team uses brokers to source deals
  • Hiring 6-figure employees
  • How Jefferson has raised more than $30M from 200 investors
  • How he incentivizes his team based on occupancy
  • 2 factors that drive profitability in the mobile home park business
  • The difference between a “2.0” business vs. a “1.0” business
  • Jefferson’s biggest career regret
  • Why he aims to hire “coaches” rather than “cheerleaders”
  • How and why he started a fund rather than individually syndicating deals
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show369

Feb 13, 2020
368: $3,500 per Month From One BRRRR Deal With Palak Shah
01:19:29

On today’s show: accelerated wealth-building through leverage and systems!

Palak Shah walks us through how she built a $4M portfolio in just three years by "supercharging" the BRRRR strategy.

Palak left a career in corporate America to focus full-time on real estate in the Philadelphia area, and she applied her training as an engineer to create airtight processes that help her business run without her.

You’ll love hearing how she finds deals from wholesalers on Facebook, why she’s not afraid to sell off some of her BRRRR properties, and how she creates checklists to determine whether a deal fits her criteria.

Also, we discuss how to beat “analysis paralysis” by remembering her acronym “A.B.L.E.”

Palak is a relatable, inspiring investor who offers great tips for anyone hoping to transition away from a 9-to-5… so check out this episode today, and share it with a friend or family member!

In This Episode We Cover:

  • Leaving her corporate job to take more control over her time
  • Why she’s OK paying capital gains tax rather than using 1031 exchanges
  • Flexing your “risk-taking muscle
  • Using hard money for BRRRR projects
  • Creating “templates” to make investing easier over time
  • Criticisms of the BRRRR strategy
  • Why she sells off some of her BRRRR properties
  • Using local banks and credit unions
  • Her mantra: “Fortune favors the finance-savvy”
  • How her systems allowed her to buy 2 properties from India
  • Her “A.B.L.E.” method to escape analysis paralysis
  • How she bought 9 units for 40% off the list price
  • How she used a home equity loan to borrow $160K
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show368

Feb 06, 2020
367: Quitting Retail to Flip, BRRRR, and Design with Kara Beckmann
01:28:45

7X-ing her income by leaving a so-so job to flip houses!

Today’s guest is Kara Beckmann, a rehabber and rental property investor who’s tearing it up in Scottsdale, Ariz., and on her Instagram page @beckmannhouse.

You'll be inspired by Kara's journey from pastry chef to retail worker to full-time investor funding deals with private and hard money. Kara shares some great tips for networking with wholesalers and builders to snag deals (to date, she's spent $0 on marketing).

You'll also learn how she maximizes profit by sticking to her rehab budgets, how she keeps contractors on deadline, and how she manages risk by outlining several different exit strategies.

Kara's story will motivate you to apply your own "unique ability" to your real estate business and overcome the fear that might be stopping you from doing your first or next deal!

Enjoy this episode, and subscribe to the BiggerPockets Real Estate Podcast so you won't miss the next one.


In This Episode We Cover:

  • How Kara learned saving habits at age 14
  • How she started thinking like an entrepreneur while working in retail
  • How she was motivated by not getting a raise in 5 years
  • Buying her first deal for $50K below asking price
  • Reinvesting profits from her first flip
  • Her apprenticeship with a general contractor
  • How she develops a scope of work and deadline
  • Why she doesn’t spend any money on marketing
  • Her networking tips
  • The challenges of investing without W-2 income
  • How she prepares several exit strategies for each deal
  • Where she gets inspiration for her designs
  • How she sticks to her budgets (the “price per square foot” method)
  • Incentivizing her contractors to complete work on time
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show367

Jan 30, 2020
366: 40 Doors in His First 2 Years with Henry Washington
01:15:10

From panicked newbie with just $1,000 saved to 40 rental units—in two years’ time!

On today’s show, we sit down with Henry Washington, a buy and hold investor from Arkansas who’s built a sizable portfolio while working full-time.

You’ll learn how Henry changed his mindset as he and his wife prepared to start a family and how he secured his first deal by doing something anyone can do—simply announcing to the world that he buys houses.

You’ll also learn how Henry built a deal pipeline by looking in places other investors didn’t, how he asked more experienced investors for help when he didn’t know what to do next, and how he does business with local banks to expand his portfolio.

Plus, Brandon and David dig into how to property screen tenants, how to decide when to flip or BRRRR vs. when to hold onto a rental, and how to use an online ad campaign to drive a steady supply of leads to your website.

This episode lays out a blueprint for building massive wealth. Just adapt it to your market, and work the process.

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


In This Episode We Cover:

  • How “panic” drove Henry to start saving and investing
  • How he started his investment career by simply “paying himself first
  • The list he used for his first (wildly successful) direct mail campaign
  • The lessons he, Brandon, and David took away from Rich Dad Poor Dad
  • Why he told people he bought properties (before he ever did!)
  • Why writing down his fears helps him conquer them
  • How he sought help from a more experienced investor on his first deal
  • How he used a 401(k) loan to buy a cash-flowing property
  • How he launched a Google Ads campaign to drive traffic to his website
  • The power of small, local banks to fund deals
  • Why he holds open houses rather than individual showings for tenants
  • Why the best real estate investors buy “situations,” not houses
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show366

Jan 23, 2020
365: Ret. Navy SEAL Jocko Wilslink on Embracing Discomfort and Leading through Extreme Ownership (+ His Real Estate Investing Tips!)
01:30:10

Decorated Navy SEAL commander. Author. Podcaster. And house hacker?!

Yes, Jocko Willink invests in real estate and shares some great tips… but that's not the only reason he's on the show today. And it's not the only reason why he's sure to be one of our most popular guests to date.

You see, Jocko looks at life's challenges differently. And after hearing his message, you might, too.

Contractor rip you off? Good. Rental property flooded? Good. Spent a bunch of money and never found a deal? GOOD!

Actually, great!

Now you can learn something about yourself. You can get tougher. You can improve.

That's the worldview Jocko outlines in his No. 1 New York Times bestseller Extreme Ownership: How U.S. Navy SEALs Lead and Win.

Today, we dive deep into how to apply this mindset to your business. PLUS, we discuss Jocko's philosophy on leading teams, managing risk, harnessing your ego, and foregoing comfort in pursuit of long-term goals like financial freedom.

You'll also love getting to know Jocko the real estate investor!

From buying a hoarder house filled with chicken bones to dividing his kids' bedrooms into "prison cell"-sized sleeping quarters, Jocko discusses how some sacrifice goes a long way toward creating financial freedom—even on a modest military salary.

Beware: by the end of this show, you might just be staring down your fears and greeting your biggest obstacles head-on with the word "good."


In This Episode We Cover:

  • What “extreme ownership” is and how it applies to real estate investing
  • Fixing up creepy, run-down houses in Southern California in his 20s
  • Why Jocko recommends house hacking for men and women in the military
  • How joining the Navy gave him purpose
  • His approach to Navy SEAL BUD/S training
  • The lessons he learned from the Great Recession—even though it didn’t personally affect his finances
  • Avoiding "lifestyle creep"
  • Considering the worst case scenario before taking risks
  • How to harness your ego for good
  • What he says when people push back against the idea of extreme ownership
  • Why he writes books for kids (and why some adults like those books best)
  • And SO much more!


Links from the Show


Click here to check the full notes: http://biggerpockets.com/show365


Jan 16, 2020
364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl
01:02:24

Ever been interested in making money with short-term rentals but feel there’s just too much you don’t know? Welcome to the club!

On today’s show, Brandon and David interview Avery Carl, a short-term rental (STR) investor who opens up the playbook and shows us what she’s doing and how she’s doing it! Avery shares the apps, software, and systems she uses to manage five STRs in under 30 minutes a week!

You’ll love her thoughts on self-management versus using a professional company, avoiding negative online reviews, and properly marketing your properties to maximize revenue. She also discusses how she diversifies risk in her portfolio, why she buys properties for 10% down, and what expenses she accounts for when analyzing deals that come across her desk.

Avery shares some fantastic insight into how to run a STR business with minimum time and intrusion, as well as some overall advice for knowing your market and minimizing your risk. Download this episode of the BiggerPockets Real Estate Podcast and see for yourself today!


In This Episode We Cover:

  • Where she’s currently buying
  • How she balances running a real estate team with investing
  • How she created systems to help manage her portfolio of vacation rental properties
  • The difference between self-management and using a management company
  • How she manages negative reviews online
  • Her advice for marketing your STR
  • The apps she uses to automate the STR business
  • How she buys her STRs with 10% down
  • What expenses she factors into her numbers for STRs
  • How she protects her investments from a possible recession
  • How she diversifies her risk between long-term and short-term rentals
  • How she uses her first properties when buying additional properties
  • And SO much more!


Links from the Show

 

Check the full show notes here: http://biggerpockets.com/show364

Jan 09, 2020
363: How to Work (Way) Less but Accomplish (Way) More in 2020 with Michael Hyatt
01:10:41

Will 2020 be your best year ever?

Today’s episode has all the ingredients to make the answer a big, resounding “Yes!”

Bestselling author and productivity expert Michael Hyatt is here, and he guides us through how real estate investors should approach the year ahead.

You’ll love hearing how Michael’s eliminated virtually everything except his three highest-leverage, revenue-generating activities; how to steer clear of what he calls “drudgery zone” work; and how to find someone who actually enjoys those tasks you can’t stand doing.

And if you’re thinking, “Well, I’m not ready for that yet…” Michael has tips for how to get started by delegating just one task.

Michael has written extensively about three topics that touch every real estate investor: productivity (Free to Focus), goal-setting (Your Best Year Ever), and delegation (Your World-Class Assistant). Today, we cover them all in-depth.

So download this episode, make sure you’re subscribed to the BiggerPockets Real Estate Podcast, and start 2020 right!


In This Episode We Cover:

  • How Michael grew his company in a year while taking 162 days off per year
  • How “vague aspirations” set you up for failure
  • Why you’re 42% more likely to achieve your goals if you write them down
  • Why you shouldn’t have more than 3 goals at once
  • The keys to hiring a world-class executive assistant
  • The importance of a detailed, well-thought-out job description
  • The right way to document workflows
  • How to focus on your “Desire Zone
  • How to offload tasks in the “Drudgery Zone
  • The difference between goals and projects
  • Why he hired a world-class coach to teach him an obscure hobby
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show363

Jan 02, 2020
362: Big Goals? Here’s How to Get Your Spouse or Partner on Board with Jay and Wendy Papasan
01:35:48

Today’s show is centered around a big question we get ALL the time...

“How do I get my spouse/partner on board with my real estate investing goals?”

It’s the perfect time of year to think through exactly how to do that, and we have the perfect guests to offer some advice.

Jay and Wendy Papasan run an annual couples’ goal-setting retreat in Austin, Texas. Today, they walk us through the exercises they use to help couples (and business partners) confront uncomfortable questions and get on the same page.

Oh, and if you don’t know who Jay is, check out BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The ONE Thing with Jay Papasan and BiggerPockets Business Podcast 06: How to Manage Your Time Like a Millionaire with Jay Papasan.

Jay's wife, Wendy, is a real estate broker who leads a high-performing team that’s expanded into four cities.

In this episode, you’ll learn how to initiate a goal-setting conversation with your partner, what kinds of settings work best for this exercise, what questions to ask, and which timelines to use.

Also, stick around through the end to hear Wendy’s tips on using leverage and a “not to-do list” to apply your time and energy more efficiently and be happier.

This is a profound episode with two real estate rockstars. If you enjoy it, do us a favor and share it with YOUR spouse or partner… or pass it onto a couple who you think might benefit. 

Download this one today, and make sure you’re subscribed to the show, so you won’t miss the next one!


In This Episode We Cover:

  • How Wendy and Jay started setting goals together 13 years ago
  • Applying the idea of a “leadership retreat” to your family
  • What settings work best for goal-setting with your spouse or partner
  • Navigating a relationship where one partner is an entrepreneur
  • Their answer to, “How do I get my spouse on board with real estate investing?”
  • Why most failures of leadership are failures of courage (Keith Cunningham)
  • How having tough conversations about goals can head off misunderstandings
  • How Brandon’s navigated balancing business with family
  • Why Gary Keller calls tough conversations “care-frontations
  • Which time horizons are most useful when setting goals
  • Using the language of business in your marriage
  • Putting your marriage first, even when you have kids
  • Moving at the speed of communication
  • Delegating draining tasks to help you keep more energy for yourself and your family
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show362

Dec 26, 2019
361: Using $3,500 to Kickstart an "Unsexy" Investment Empire with Tristan Thomas
00:58:31

Traveling the world on mobile home cash flow at 26 years of age? Yes, it’s possible!

On today’s show, Brandon and David interview Tristan Thomas, a mobile home park investor who parlayed a few thousand dollars into a life of financial freedom.

Tristan shares some great info regarding how he chooses his markets to invest in, how he finds deals in those markets, and some of the key differences to holding title to mobile homes compared with traditional real estate.

He also shares a fantastic perspective on how using “rent-to-own” financing can eliminate maintenance and repair costs, motivate your tenants to take better care of the property, and help you build wealth with very little of your own money.

Tristan is a great example of how to find financial freedom at ANY age and shares exactly how he did it himself! Download this inspirational episode today, and subscribe to the podcast in your favorite app so you won't miss the next show.


In This Episode We Cover:

  • How Tristan got into mobile homes
  • How he finds deals in today's market
  • The key differences to holding title to mobile homes compared with traditional real estate
  • How to use “rent-to-own” financing to eliminate maintenance and repairs costs
  • How to motivate your tenants to take better care of the property
  • How to build wealth with very little of your own money
  • Making a 100% return on investment within 12 months
  • His 5 biggest lead generators that are all free
  • The criteria he looks for to find the best mobile home deals
  • Getting into real estate investing for financial freedom
  • And SO much more!


Links from the Show


Check the full show notes here: http://biggerpockets.com/show361

Dec 19, 2019
360: Leveraging Virtual Assistants and Automation to Build a $2M Portfolio with Stephanie Cabral
01:06:41

Have you ever wanted to invest in real estate but aren’t ready for a full-time commitment? Today’s guest has figured out just how to do so, and she’s sharing it all with you!

Stephanie Cabral is a lawyer, real estate agent, and investor out of Connecticut, who has figured out how to make money from residential real estate ownership while working two full-time jobs.

On today’s show, Stephanie breaks down how she saved $100K on one deal, developed an automated direct mail system, and successfully used the often-confusing 203k loan program.

You’ll love her advice on automation/delegation and investing in single family homes. Plus, she talks about what she looks for in her market, and shares her thoughts on the next big change in real estate in the near future. You’ll also find some great tips regarding managing properties yourself and hiring and using virtual assistants to save you time.

Download this one today, and share it with a friend or family member who would benefit!


In This Episode We Cover:

  • How Stephanie defines “administrative stamina
  • How she took out a HELOC on her first property
  • How she got a $100K discount on her first property
  • Why she invests in single family homes
  • How she uses VAs to handle the heavy lifting of her RE business
  • Her theory on automation and delegation
  • How she’s using RE to get out of her legal practice
  • What she looks for in a good assistant
  • What she’s looking for in out-of-state markets
  • How she automated her direct mail system
  • Her advice for managing properties yourself
  • Her thoughts on the next big trend in RE investing over the coming 5-10 years
  • And SO much more!


Links from the Show

 

Check the full show notes at BiggerPockets: http://biggerpockets.com/show360

Dec 12, 2019
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!


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
01:11:07

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
01:08:42

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
01:05:03

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
01:30:15

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
01:16:31

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
01:22:12

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


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
01:14:18

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
Aug 29, 2019
344: “No Money” Real Estate Investing with Gabriel Hamel
01:12:33
Aug 22, 2019
343: Using Checklists and Systems to Get More Done in Less Time with Pilot/Investor Steve Rozenberg
01:11:37
Aug 15, 2019
342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson
01:04:04
Aug 08, 2019
341: Getting Started with No Cash to 30+ Deals Per Year and “Free Houses” with Jared Holland
01:27:59
Aug 01, 2019
340: How a Mom with a Full-Time Job Bought 10 Houses Her First Year with Whitney Hutten
01:14:21
Jul 25, 2019
339: 60,000 Tenants?! How Frank Rolfe Built a Mobile Home Empire
01:25:44

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

Jul 18, 2019
338: From Red Robin Waiter to 250 Units (Using the MLS!) with James Dainard
01:18:54

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

Jul 11, 2019
337: Next Level Wealth-Building Through Overseas Development and Opportunity Zones with Russell Gray and Robert Helms
01:33:38

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

Jul 04, 2019
336: $900 to $4.5MM Net Worth by 34 with Robert Jones
01:14:11

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 properties to 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

Jun 27, 2019
335: 70+ Units Per Year and How Exactly to Make a Lowball Offer with Ryan Dossey
01:13:28

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 used blogging on BiggerPockets to build his business
  • 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

 

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

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

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

 

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

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 Love, Deep Work: Rules for Focused Success in a Distracted World, and so on) to discuss just what makes high performers different than the rest.

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

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

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

In This Episode We Cover:

  • Cal's 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

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 Mejia sits 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.

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

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

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

 

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

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

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

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

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.

Enjoy this sneak peek!

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

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

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

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

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

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 used 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!

 

To learn more and get started with a free account, go to Stessa.com/bp

In This Episode We Cover:

  • Closing over 3 million dollars as a first deal that made him quit college
  • The plan he took
  • What he could've done better
  • What it's like buying rental properties at a young age
  • Hack on Managing properties
  • 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

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

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 Andresa shares 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

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 through: What 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

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

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, author of The Book on Flipping Houses and How to Estimate Rehab Costs shares his valuable insight when it comes to predicting market changes, adapting to shifting markets, and changing your strategy to adapt to a changing economy! Don’t miss Jay’s 6 rules for flipping houses, what exact economic indicators he looks for to predict an upcoming recession, and his 6 rules for preparing for an economic recession.

J is one of the most respected minds in the real estate game, and today’s show is jam packed with the wisdom, advice, and knowledge you need to position yourself where you want to be in a shifted market to make big gains in your portfolio!

In This Episode We Cover:

  • J. Scott's story on how he got into flipping houses
  • How his business evolved over the past 10 years
  • Market cycles and market indicators to look for
  • Why unemployment is an indicator
  • The "yield curve"
  • The Buffet indicator
  • His 6 rules for investing in this market:
    1. Be certain of your numbers
    2. Stay away from long rehabs
    3. Have a backup strategy
    4. Avoid thin deals
    5. Keep clear of leverage at all cost
    6. Stay away from the high end vacation rentals
  • 6 ways to prepare for any market:
    1. Hoard cash
    2. Open as many credit lines as possible
    3. Build credit
    4. Figure the "worst case drop"
    5. Restructure short-term debt
    6. Don't chase your losses
  • And SO much more!

Links from the Show

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

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.

 

We’ve created a turnkey real estate guide just for Bigger Pockets podcast listeners! This easy, downloadable guide will give you everything you need to know about real estate investing. Visit Memphis Invest today.

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

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 calls 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:

 

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, where others we seem to accomplish 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

 

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:
    1. Population growth
    2. Job growth
    3. Diversified economy
    4. Landlord friendly
    5. Business friendly
    6. In the right part of the market cycle (rising market)
    7. 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

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

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!

Links from the Show

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 sunshines 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!

Links from the Show

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 strategies he uses to make a MINIMUM of 100k on each deal, how he partners with new investors to make everyone money, and his brilliant strategies for building relationships with those most likely to build his business. You do not want to miss Cory’s unique strategy for using “Dequity” that he uses 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 strategies built on relationships and creating win-win scenarios. If you’re looking for a can’t-miss strategy to build a profitable house flipping business, this is one you don’t want to miss!

Links from the Show

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!

Links from the Show

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
02:18:16

What is the best way to get started investing in real estate? The problem with this question is that there are SO many different pieces of advice. That’s why we’re excited to bring you one of the most unique episodes of the BiggerPockets Podcast we’ve ever had. In this episode, Josh Dorkin is back—and he and Brandon deliver a series of interviews with some of the past guests from the BiggerPockets Podcast, including David Greene, Kenyon Meadows, Andrew Cushman, Arianne Lemire, Darren Sager, Ryan Murdock, Tim Shiner, Anson Young, Zeona McIntyre, and Ben Leybovich.

Links from the Show

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 money. In addition, you’ll learn why creative finance is SO important (even for experienced investors,) why equity is far more important than a down payment, and how to combine multiple strategies into one magnificent deal!


This is an episode where you may learn more about real estate investing than you have in the last year, so don’t miss your chance for a content packed, highly valuable episode with Brandon and David sharing the tips THEY’VE USED to build real estate wealth themselves!

Links from the Show

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)!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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.

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

 

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 more, 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% more per deal than if he were to “flip” the home. It’s pretty darn fantastic!

Links from the Show

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 SO impactful on your life 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, has 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 their 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!

Links from the Show

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!

Links from the Show

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.

Links from the Show

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!

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.

Links from the Show

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!

Links from the Show

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!

Links from the Show

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!

Links from the Show

 

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, who explains that the secret to success is far more boring than we want to admit. In this episode, we explore Charles’ story and the lessons learned over his 20+ year career, including how he failed miserably at his first deal, helped another investor retire through rentals in just five years, believes strongly that the deal isn’t as important as most investors think - plus a lot more! Charles is incredibly wise and has years of experience, so this is one episode that you’ll come back to time and time again.

Links from the Show

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!

Links from the Show

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.

Links from the Show

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.

Links from the Show

Check the full show notes here.

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 because he abides by three simple rules. In addition, 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.

Links from the Show

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 investment. 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

 

Check the full show notes here.

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 & processes laid out, and you’ll 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!”

Links from the Show

Click here to check the full list of links and the rest of the show notes.

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.

Links from the Show

Check the full show notes here.

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, a real estate investor and former molecular geneticist who shares how she eventually turned a live-in flip into 40 rental units. Don’t miss Amy’s incredible “people boxes” advice—as it could change the direction of your real estate ambitions forever.

Links from the Show

Check the full show notes here.

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 US 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 that focus entirely on helping real estate investors navigate the tax code! Amanda Han and Brandon Hall join us today and we dive deep into the new changes - as well as tackle some of the most common questions new real estate investors ask!

Links from the Show

Click here to listen on BiggerPockets with the full show notes.

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, because for the past decade, he’s been doing that while working full-time in the US 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!

Links from the Show

Check full show notes here.

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” Borchers to 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!  

Links from the Show

Click here to visit the full show notes.

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.

Links from the Show

Check the full show notes here: http://biggerpockets.com/show266

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!

Links from the Show

Check the full show notes here.

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, Too 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.

Links from the Show

Check the full show notes here.

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!

Links from the Show

Click here to listen on BiggerPockets.

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 2600+ “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 who’s lessons will stick with you for life!

Links from the Show

Full Show Notes here: https://www.biggerpockets.com/show262

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 fast? 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 some paper and get ready to take some notes!

 Links from the Show

 

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!

Links from the Show

Listen to the full episode at BiggerPockets

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!

Links from the Show

Listen to the show: http://biggerpockets.com/show259

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 that 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 could incorporate this strategy in your own business. Be ready to take some notes - this is an action-packed show!

Links from the Show

 

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!

Links from the Show

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) Wrong. 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

Check the full show notes here: https://www.biggerpockets.com/renewsblog/biggerpockets-podcast-256-surprising-scientific-truth-successful-eric-barker/

Dec 07, 2017
255: Six-Figure Real Estate Investing in Just 20 Hours a Week with Elliot Smith
01:23:02

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.

http://biggerpockets.com/show255

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.

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.

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 really 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!

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.

Check the full show notes here: http://biggerpockets.com/show251

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.  

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, have chosen to buy fewer - but better - deals on their 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.

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 he’ll show you how to build a solid team – no matter how far away you are located.

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.

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!

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 - 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, Trust Me I’m Lying, Ego is the Enemy, and Perennial Seller, 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.

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!

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!

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! Today we sit down with Josh Randall, an investor from Kentucky with nearly 100 units that 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!”

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.

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!

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 ten 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 wanna miss!

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 just a teacher’s salary? According to today’s guest, it’s not just 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, as well as 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!)

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!

 

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!

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

Of 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!

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.

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 fifteen 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!

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 and 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!

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, networking with others, and 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!

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 produce (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 spend 40-hours a week doing i. 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!

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- and 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!

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 making sure you don’t 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!

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, first hand, 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!

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!

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, but 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.

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 ultramarathon, and much more. Whether you are looking to buy 1 deal a year or one deal a day - this show will have a tremendous impact on your life! 

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.  

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 navigate the real estate market for more than forty years - and how you can grow your own business from his wisdom!

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 learned along the way. You’ll learn some incredible strategies for getting 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!

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!

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 thirty crowdfunding deals! If you are looking to make your real estate more passive- this is one show you can’t afford to miss!

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!

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 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!

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?” 

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.

Feb 23, 2017
214: Building a $30M Fund to Invest in Real Estate with Joel Sherlock
00:50:34

Some investors buy a single house. Some buy a small multifamily. But today on The BiggerPockets Podcast, we sit down with someone who jumped into real estate in a much bigger way! Joel Sherlock is an investor from Canada who put together a $30 million dollar fund to buy real estate in America. You’ll learn why he went this route and how you can follow a similar strategy in your own business. You’ll also learn about Joel’s entrance into the world of commercial real estate, including the pros and cons of that niche.

Feb 16, 2017
213: Investing in Real Estate without Being a Landlord with Noah Kagan
01:05:59

If there is one thing you can know for sure by listening to the BiggerPockets Podcast, it’s this: There are a LOT of ways to invest in real estate! That’s why we’re excited to bring you today’s interview with Noah Kagan, who invests in a different way than most of the guests we’ve had on the show. Noah currently runs several very successful internet businesses (SumoMe and AppSumo) and knew he didn’t want to be a landlord; Noah knows his best return is made in his business. Therefore, he devised his investing strategy around NOT being the landlord. Noah is a wealth of information and one of the most motivating humans we’ve ever met. So sit back and enjoy today’s episode with Noah!

Feb 09, 2017
212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray
01:13:32

How much does it cost to buy a large apartment complex? Millions? Think again! On today’s episode of The BiggerPockets Podcast, we’re excited to welcome back Brian Murray to the show. Brian, who was last seen on episode 126, has done some pretty amazing things over the past several years — including purchasing a 115-unit property that cost him nothing out of pocket (and, in fact, he walked out of closing with a massive check!). Whether you are looking to buy one house or a 100-unit property, this podcast will inform, motivate, and inspire you to massive action.

Feb 02, 2017
211: Investing in Out-of-State Rentals and Notes with Bob Malecki
01:03:50

What’s the best way to invest in real estate when the numbers don’t make sense in your backyard? Today on the BiggerPockets Podcast, we sit down with Bob Malecki, a real estate investor who started by purchasing local rental properties but quickly shifted gears into two other niches: out of state rentals and mortgage notes. In this episode, Bob explains why he chose to make the switch and walks listeners through the step-by-step process for getting started investing outside your backyard!

Jan 26, 2017
210: My First Deal Changed My Life! A Newbie Show with Sunny, SunMarie, and Sam
01:02:53

Can a single real estate deal change your life? Definitely! That’s the topic on today’s “newbie episode” of the BiggerPockets Podcast, where we sit down for several interviews with real estate investors who have just purchased their first deal. In the first interview, you’ll hear how Sunny and SunMarie Burns used a fantastic “house hack” to invest in an extremely high-priced area. In the second interview, you’ll hear how Sam Valme was able to house-hack his home into a vacation rental that throws off massive cash flow each month. These stories are incredibly inspiring and full of tips that can help new AND experienced investors achieve more in their business!

Jan 19, 2017
209: Flipping 83 Homes in the Last 18 Months with Kevin Carroll
01:01:30

Is small thinking holding you back? Not after this episode! Today on the BiggerPockets Podcast, Josh and Brandon talk with Kevin Carroll, a real estate investor who decided 18 months ago that he wanted to start flipping houses… and has done 83 flips in the past year and a half! Perhaps most impressively, Kevin did most of these flips out of state utilizing strategic partnerships — a strategy that just might change the way you think about real estate forever. Sit back and prepare to have your mindset expanded and let “big thinking” take over.

Jan 12, 2017
208: Buying 41 Units on Your First Deal + Mobile Home Park Investing with Jack Baczek
00:52:55

Most people begin their real estate investing with a small single family purchase. Some even start with a duplex or triplex. But today’s guest on the BiggerPockets Podcast skipped the intro phase and jumped right into a 41-unit property early in his 20s! Today, you’ll learn how Jack Baczek used a strategy not before mentioned on the podcast to invest in 41 units, as well as his transition to mobile home park investing (and why that niche ROCKS). Jack’s story is truly inspirational, and you’ll walk away from this interview inspired, entertained, and pumped up to take massive action on your own business!

Jan 05, 2017
207: How to Achieve Greater Success by Doing Less with Devin Elder
00:55:36

Real estate investors wear a lot of hats, especially in the beginning: contractor, bookkeeper, receptionist, and more. But if you truly want to grow your business, you must do LESS. At least, that’s the message you’ll hear today on The BiggerPockets Podcast, where Josh and Brandon sit down with real estate investor Devin Elder about how he’s been able to scale his business by doing fewer and fewer tasks. You’ll learn how he went from a single family rental in 2012 to buying multiple properties each month. We cover the topic of BRRRR investing, fix and flipping, using private lenders, getting started with no money, and lots more. Stay tuned for this powerful episode!

Dec 29, 2016
206: Taking Massive Action to Do 20+ Deals in Two Years with Joe England
00:59:18

Two years ago, Joe England was just a full-time military guy, dreaming about financial freedom. Now, he’s done over 20 deals and is taking massive action to create an incredible future for himself. On this episode of the BiggerPockets Podcast, we dive deep into Joe’s story and learn how taking massive action has helped him build his portfolio — despite being deployed overseas the majority of the time.

Dec 22, 2016
205: Snowballing from Single Family Houses to Apartment Complexes with Jered Sturm
01:02:23

How does one transition from doing simple houses to more complex deals? That’s the topic on today’s episode of the BiggerPockets Podcast, where we sit down once again with Jered Sturm, a real estate investor from the Midwest who’s made the transition from doing all his own work on single family houses to purchasing larger properties. In this episode, we dig in deep on the purchase of his newest 42-unit apartment complex and the unique “value-add” ideas he discovered that made this property a home run!

Dec 15, 2016
204: Flipping 30+ Deals by Age Twenty-Five with Chris Gill
00:59:03

Today on the BiggerPockets Podcast, you’ll hear from Chris Gill, a real estate investor in the San Antonio market who has only been investing for three years but has already done over 30 deals — mostly fix and flips. On this episode, we walk through Chris’s unique journey, including his initial four-plex rental property and his path toward flipping “the worst houses in the area.” And don’t miss Chris’s fantastic tip for finding deals that no one on the BiggerPockets Podcast has mentioned yet!

Dec 08, 2016
203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz Faircloth
01:19:32

When learning how to invest in real estate successfully, most people struggle finding four things: mentors, contractors, deals, and funding. That’s why today we’re excited to bring back Matt and Liz Faircloth onto The BiggerPockets Podcast to talk about how they find each of these! Matt and Liz (who were on episode 88) join us today as we dive deep into solving many of the problems that new investors struggle with. They also share the difficult story of how they recently shut down a major arm of their business and why it was the best move for them. Finally, Matt and Liz delve into the recent purchase of their 49-unit apartment building, offering some unique tips that will help you find and fund your next big deal!

Dec 01, 2016
202: Escaping the Rat Race Through Rental Properties with Mark Walker
00:59:04

Most people dream of getting out of the “rat race,” quitting their day job, and living on passive income sources. However, usually that’s just wishful thinking. But today, we’re excited to introduce you to a real estate investor who did just that using rental properties, and he explains just how he did it. You’ll learn how our guest, Mark Walker, used single family houses at first to begin building his portfolio, and how his passive income really took off when he switched to multifamily. And you’ll love the in-depth discussion on exactly how he acquired his 64-unit apartment building!

Nov 24, 2016
201: Flipping 100+ "Zombie" Houses with Justin Stamper
01:13:04

Dead “zombie” houses are everywhere — just waiting for you to bring them back to life if you are willing to take the risk! That’s the story we dive deep into today on the BiggerPockets Podcast when we sit down with reality TV star Justin Stamper, a real estate investor from the Orlando, FL market who has a fascinating and inspiring story of rising up from near financial ruin to become one of the most prolific investors in his market. You’ll learn how his “punk rock” attitude has given him a unique perspective on his investing and how he has been able to flip over 100 “zombie” homes (and wholesale over 200 other deals!) in the past several years. After listening to this show, you’ll be inspired, motivated, and educated enough to tackle your next zombie house!

Nov 17, 2016
200: A Step-by-Step Guide to Buying Your First Real Estate Investment
01:22:54

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started.

Nov 10, 2016
199: 25 Doors by Age 25 with Houssein Al-Eidan
00:56:33

Real estate investing is no longer just for older generations! Today on the BiggerPockets Podcast, we sit down with Houssein Al-Eidan, an accountant from the St Louis area who has purchased 25 rental units — and he’s just turning 25 years old this month! You’ll hear Houssein’s unique strategy of buying lower-price properties (many from auctions) and using a variety of strategies to increase his returns (including AirBnB and even leaving some properties vacant!). This show is bound to leave you inspired to expand your own real estate portfolio — no matter what age you are.

Nov 03, 2016
198: Financial Freedom Through Small Multifamily Rentals with Eric Bowlin
00:56:28

How many rental units does it take to achieve “financial freedom?” Maybe not as many as you think! That’s the topic on today’s episode, where Josh and Brandon sit down to talk with Eric Bowlin, a real estate investor who achieved financial freedom at the age of 30, largely using the “BRRRR” strategy to finance his deals. Eric owns fewer than 30 units but was able to “retire” off the cash flow — and today, you’ll learn just how he did it (and how you can do the same). You’ll also love his tips on how to find great deals on the MLS and how to manage your properties — even if you don’t live close by. Be sure to take some notes on this one — you are going to need them!

Oct 27, 2016
197: Starting with $10k and Buying 52 Units in 3 Years with Chris Heeren
01:05:06

Get ready to be inspired, amazed, and blown away with today’s BiggerPockets episode! Today on the show we’re sitting down with Chris Heeren, a real estate investor from Wisconsin who’s absolutely crushing it with his rental property investing. In just the past three years, Chris has built a massive portfolio of houses and small multifamily properties — and he did it with just over $10,000 to start AND while working full-time. Packed with tips, stories, and incredible advice, this show will completely revolutionize the way you run your real estate business forever and prove — once and for all — that anyone can succeed no matter their situation. Listen up!

Oct 20, 2016
196: LLCs, House Hacking, and Saving on Taxes with Brandon Hall
01:23:41

What has five letters but causes so much fear that millions of wannabe investors never get started? That’s right: TAXES. But taxes don’t need to be scary — and understanding and utilizing the tax system can actually help grow your business and help you build incredible wealth. That’s why we’re excited today to sit down with Brandon Hall, a CPA and real estate investor who works exclusively with real estate investors to help them strategize and organize their business in the most cost-saving way possible. We cover Brandon’s real estate journey, including house hacking, LLCs, S-Corps, bookkeeping, and so much more. You’ll love Brandon’s engaging and entertaining personality, and for once in your life, you might even enjoy learning about taxes!

Oct 13, 2016
195: Financing College Rentals & Mobile Home Parks Using Remarkable Creativity with Rudy Curtler
01:08:12

Trying to build a real estate empire while working a full-time job can be tough, which is why many people decide to use a partner to maximize their results. That’s the story on today’s episode of the BiggerPockets Podcast, where we sit down with Rudy Curtler to talk about how he is building a portfolio of college rentals and mobile home parks utilizing a partner. You’ll learn how (and why) Rudy is building his portfolio hundreds of miles from his home, the incredible benefits of investing in mobile home parks (“6x better than houses” according to Rudy), and how he’s able to put together the financing on deals using remarkable creativity!

Oct 06, 2016
194: Achieving Impressive Spreads Through High-End Flips with Justin Silverio
00:51:57

Is your ultimate goal to increase the spreads of your investments to the point where you can comfortably quit your job? Tune in for a conversation with Justin Silverio, an investor who successfully made the switch to full-time real estate entrepreneur and who is now focusing on the niche of higher-end rehabs. For tips on deal evaluation, how to find contractors for your particular project, and direct mail strategies, don’t miss this inspiring episode of the BiggerPockets Podcast!

Sep 29, 2016
193: Finding and Managing Rental Properties While Working Full-Time with Steve Garner
01:00:28

Everyone knows rental properties can be a great way to build wealth and cash flow. Yet so few people ever take the steps needed to build their portfolio. That’s why we’re excited for you to listen to this week’s episode of The BiggerPockets Podcast! On this show, we sit down with Steve Garner, a North Carolina investor who currently is building and managing a rental portfolio while working a full-time job he loves. You’ll learn several creative methods for finding deals that have worked great for Steve, as well as some of his clever tricks for managing tenants with minimal work!

Sep 22, 2016
192: Income from Cash Flow but Wealth from Appreciation with Russel Brazil
00:58:18

I can’t invest in real estate — everything is too expensive” is a common statement used by newbie real estate investors across the world. But is it true? Today on the BiggerPockets Podcast, we’re excited to dig in on the topic with Russell Brazil, an investor from the DC area who has a unique perspective on the wealth-building power of appreciation (AND cash flow!).

Sep 15, 2016
191: Buying Out-of-State Rentals and Investing Later in Life with Bill Manassero
00:58:48

Today on the BiggerPockets Podcast, we’re excited to introduce you to a man who didn’t start investing until later in life but has built an impressive portfolio in the past few years. Even more, he bought his rentals thousands of miles away from where he lives! You’ll learn the inspiring tale of our guest, Bill Manassero, and how he went from running an orphanage in Haiti to buying rental properties and the challenges that transition caused. You’ll also be inspired by Bill’s heart and his real purpose for creating wealth through real estate. You are going to love this powerful episode, and it just might change why you invest in real estate! (And don’t miss Bill’s story of how his family appeared on Oprah!)

Sep 08, 2016
190: Building 61 Different Passive Streams of Income with Pat Hiban
01:06:03

Are you building vertical or horizontal income in your life? If you aren’t sure, don’t miss this exceptionally important episode of the BiggerPockets Podcast, where we talk with Pat Hiban about creating multiple streams of passive income. Pat, who is a New York Times bestselling author, shares his real estate journey with us today, starting from a humble “house hack” to participating in multi-million dollar apartment complex purchases. You’ll also learn why (and how) Pat has 61 different sources of “horizontal” income streams and the best ways to begin building your own. Don’t miss a second of this incredible show.

Sep 01, 2016
189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl Yarber
01:22:42

Are you looking to ultimately work less, travel more, and life proactively rather than reactively? The key to this life is found in systems. And on today’s episode of the BiggerPockets Podcast, we are excited to introduce you to a guest who’s a master at building systems in his business. Tarl Yarber, an investor in the Pacific Northwest, shares his story of beginning with no money, making $100,000 on a single wholesale deal, and ultimately turning his love for real estate into a profitable business that has done 500 deals. This powerful show is sure to transform the way you run your business forever.

Aug 25, 2016
188: Using 20+ Years of Studying Market Cycles to Buy Low & Sell High David Gudmundsen
01:19:31

Is the real estate market about to collapse? Do we have 10 more years? What’s the future hold? While no one can definitively answer these questions, today’s guest has some keen insight into timing the market, allowing you to “buy low and sell high.” Today, we’re excited to introduce you to David Gudmundsen, an investor who’s been in the game more than 20 years and who’s seen numerous peaks and valleys — and who has learned how to ride the wave. With more than 250 deals under his belt, David is an incredible resource for anyone looking to grow their portfolio — or preserve it — during times of uncertainty. Unless you know exactly where the real estate market is headed next, don’t miss this powerful and entertaining episode!

Aug 18, 2016
187: Building Wealth Through Older Small Multifamily Properties with Dana Bull
00:57:08

In this episode of the BiggerPockets Podcast, we talk about a subject many investors debate about: investing in OLD properties. Today’s guest, Dana Bull, has filled her portfolio with properties over 100 years — and she dishes out the good, the bad, and the ugly details. You’ll also learn why Dana focuses on small multifamily properties and she offers some incredible insight into being an effective landlord — no matter your age or experience level.

Aug 11, 2016
186: How to Get Your First Few Properties - Even in a Competitive Market with Dave Meyer
01:04:15

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

Aug 04, 2016
185: How “Rent-to-Own” Can Increase Cash Flow and Maximize Equity with Bill Powers
00:52:31

On today’s episode of The BiggerPockets Podcast, Josh and Brandon sit down with Bill Powers, a real estate investor from the Chicago suburbs, to learn how he went from zero to over 70 units in five years while focusing on lease options — also known as “rent to own.” This powerful strategy is one that anyone can begin using in their business to achieve more cash flow and equity — and today, you’ll learn all the details. Get your pen and paper out for this show — you’ll want to take some notes!

Jul 28, 2016
184: From Real Estate Agent to 800+ Deals with Bill Lublin
00:54:47

In today’s humorous episode of the BiggerPockets Podcast, you’ll meet Bill Lublin, a real estate expert who has invested in over 800 deals while also building the largest real estate agency in his state! You’ll learn how Bill got his start in real estate sales, why he was a terrible agent, and the one thing that changed everything. You’ll also hear how Bill has been able to do over 800 investment deals (from single family homes to multifamily to motels to development and more), his management philosophy, and why he thinks investors probably should NOT get their real estate license.

Jul 21, 2016
183: Achieving Financial Independence Through Rental Properties with Sarah Pritchett
00:59:24

What does it take to achieve financial independence? Thousands of deals and a 100+ hour work-week hustle? Not according to