147: Turning “Weird” Properties Into Cash-Flowing Monsters with Johnny Youssef
Sometimes to find success, you have to think outside the box! That’s why today on the BiggerPockets Podcast we’re excited to bring you an interview with Johnny Youssef, a young investor who has found clever ways to turn properties that no one else wants into cash flowing monsters. You’ll be inspired and motivated after hearing Johnny’s story, as well as his philosophy of using “financial freedom” to help others. Don’t miss a second of this powerful show!
In This Episode We Cover:
- Thoughts on this year’s epic battle: the Mets vs. the Royals
- Who Johnny is and how he started investing during college
- How he got his real estate license early to get the commissions
- How he managed 7 properties from a young age
- The importance of understanding and helping your market
- Thoughts on how to fund a property
- Insight into the question: To have a real estate license or not?
- How to start out in real estate with no money
- Why the first property he bought was a duplex
- How to use the same money to keep your business growing
- A look at Johnny’s current portfolio
- Big mistakes people make in hiring employees
- The level of finish you should aim for when flipping properties
- How to tenant-proof your properties
- What is he currently looking at right now
- The importance of thinking outside of box when investing
- Johnny’s thoughts on flips vs. rental properties
- How to manage vacancies
- Tips for new investors
- And SO much more!
Links from the Show
- BiggerPockets Youtube
- A Beginner’s Introduction to Real Estate Investing (Course)
- The Key to Business Success with Bestselling Author of The E-Myth Michael Gerber
Books Mentioned in this Show
- Rich Dad Poor Dad by Robert Kiyosaki
- The E-Myth Revisited by Michael Gerber
Tweetable Topics:
- “Look for something that has equity in it. Make money out of it and start investing in other things.” (Tweet This!)
- “When you’re buying, especially when you are still starting, you’re gonna be emotional about things.” (Tweet This!)
Connect with Johnny
- Johnny’s BiggerPockets Profile
- Johnny’s Personal Blog
- Johnny’s Instagram
- Periscope: @johnnyyou
Learn more about your ad choices. Visit megaphone.fm/adchoices
Available Results
Generated results are saved to your library for reuse and search.
Choose Template
Pick the result you want. You can review provider and model before generating.
A concise first-pass summary for understanding the episode quickly.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Explicit actions, next steps, habits, recommendations, and things to avoid.
Repeatable methods, frameworks, mental models, processes, and systems.
A dedicated inventory of concrete resources named in the episode.
A concise first-pass summary for understanding the episode quickly.
A detailed readable summary organized by chapter or topic.
A navigable map of subjects, topic flow, and suggested chapters.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
Reusable atomic knowledge units extracted from the episode.
A comprehensive extraction focused on health practices, protocols, claims, and safety caveats.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Explicit actions, next steps, habits, recommendations, and things to avoid.
A dedicated inventory of concrete resources named in the episode.
A dedicated analysis of warnings, limitations, trade-offs, weak evidence, and uncertainty.
A concise first-pass summary for understanding the episode quickly.
A detailed readable summary organized by chapter or topic.
A navigable map of subjects, topic flow, and suggested chapters.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
Reusable atomic knowledge units extracted from the episode.
A comprehensive extraction focused on health practices, protocols, claims, and safety caveats.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Scientific findings, mechanisms, studies, hypotheses, and the limits of the evidence discussed.
Technologies, AI models, technical methods, capabilities, limitations, and adoption implications.
Investment theses, assets, catalysts, valuation reasoning, time horizons, and risks.
Chronologies, actors, causes, consequences, turning points, and competing historical interpretations.
Policies, proposals, stakeholders, arguments, implementation constraints, and predicted effects.
Career paths, skills, hiring signals, workplace decisions, transitions, and limitations of the advice.
Behavioral mechanisms, biases, motivation, habits, emotions, interventions, and evidence limitations.
Economic mechanisms, incentives, indicators, market structure, forecasts, and uncertainty.
Leadership principles, team systems, organizational design, culture, feedback, and failure modes.
Audience, positioning, messaging, acquisition, retention, experiments, metrics, and failed approaches.
Teaching methods, learning strategies, practice, feedback, assessment, and effectiveness evidence.
Theses, premises, arguments, objections, values, thought experiments, and unresolved questions.
Communication patterns, conflict, boundaries, expectations, repair methods, and contextual limitations.
Books, papers, authors, courses, and other learning resources mentioned in the episode.
Repeatable methods, frameworks, mental models, processes, and systems.
Explicit actions, next steps, habits, recommendations, and things to avoid.
Memorable statements and important claims with attribution and source context.
A dedicated inventory of concrete resources named in the episode.
A dedicated analysis of warnings, limitations, trade-offs, weak evidence, and uncertainty.