BiggerPockets Real Estate Podcast

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Today on the BiggerPockets Podcast, we sit down and chat with Stefanie Marshall, an investor from Northern California who has flipped more than 50 properties in the last five years, all while working a job as an accountant! In this powerful (and hilarious) interview, Stefanie shares how she jumped into the flipping game, how she managed to purchase a property in California for just $30,000, the sad story of losing $100,000 on a single flip, and how she bounced back to create an impressive flipping empire! Don’t miss a second of this fun, informative (and often sarcastic) episode!

In This Episode We Cover:

• What Stefanie does in real estate
• How she got started
• How she completed 60 deals in a span of five years
• Tips for investing while having a day job
• How she started without knowing much and ended up being saved by a contractor
• Thoughts on finding a good partner
• Some of Stephanie’s deals that went wrong
• Where is the line when doing a price reduction
• What to do when something goes wrong in the middle of a flip
• Why you anticipate “I don’t know what’s going wrong” expenses
• Where she currently invests and what the market is like
• The minimum profit she tries to shoot for
• How a flat fee listing works
• The importance of being represented well in a deal
• How she finds deal through auctions
• What cash for keys is
• How to research properties before going to an auction
• How she finds deals today
• The female perspective on investing
• Thoughts on having a team and building systems
• And SO much more!

Links from the Show

• Auction.com
• BP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod
• You know you’re a Female Investor when… [Forum thread]
• BiggerPockets Forums
• BP Podcast 125: The Key to Business Success with Bestselling Author of The E-Myth Michael Gerber
• BiggerPockets Press

Books Mentioned in this Show

• The Book on Investing with No and Low Money Down by Brandon Turner
• The Book on Rental Property Investing by Brandon Turner
• The Book on Flipping Houses by J. Scott
• FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani
• Rich Dad Poor Dad by Robert Kiyosaki
• The E-Myth Revisited by Michael Gerber
• The 10X Rule by Grant Cardone

Tweetable Topics:

• “Everything does not have to be always bigger and better.” (Tweet This!)
• “Your first loss will be your smallest loss.” (Tweet This!)

Connect with Stefanie

• Stefanie’s BiggerPockets Profile
• Stefanie’s Company Website

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Anyone can buy a house. However, it takes a special kind of business (and business owner) to buy dozens of deals every year. That’s the story on today’s episode of the BiggerPockets Podcast, when we sit down with Nathan Brooks to talk about how he went from casual investor to buying nearly sixty deals last year. You’ll learn the key hires that made this transition possible, the process for hiring the perfect team members to work your systems, Nathan’s story of bringing in a partner to help scale, and so much more. If you are looking to really expand your business through partners, employees, and processes, dive into this powerful episode!

In This Episode We Cover:

• Nathan’s beard, the bear from The Revenant
• A recap of his last show
• The importance of sitting down with your mentor
• How to diversify your income streams
• Why he started his own property management company
• The companies he’s worked with before
• How to avoid working with the wrong company
• Nathan’s current number of employees
• How he builds systems within his business
• How to figure out what you’re good and bad at
• What you should know about partnerships and finding the right people to work with
• How Nathan’s hiring process works
• How to know who to hire first
• The time value of money
• How to relay a process to an assistant
• The importance of creating one-pager how tos
• What exactly lifestyle design means
• Whether it’s really possible to step away from work for six months
• How to figure out your freedom number
• One thing that made a huge impact on his business in the past few years
• Why he keeps on learning and learning
• And SO much more!

Links from the Show

• $140,805.92 profit on our first flip…Thank you Bigger Pockets! [forum post]
• Evernote
• BP Podcast 087: How to Thrive After The Collapse of a Real Estate Empire with Nathan Brooks
• BP Podcast 146: Buying 100+ Units Through Word of Mouth Marketing with Enrique Jevons
• BP Podcast 151: Finding Your “Freedom Number” with Clayton Morris

Books Mentioned in this Show

• The Book on Investing with No and Low Money Down by Brandon Turner
• The 4-Hour Workweek by Timothy Ferriss
• 6 Months to 6 Figures by Peter Voogd
• No Hero by Mark Owen
• The Book on Rental Property Investing by Brandon Turner
• The Millionaire Real Estate Investor by Gary Keller
• Good to Great by Jim Collins

Tweetable Topics:

• “Don’t focus on your weaknesses, focus on your strengths.” (Tweet This!)
• “There’s always a person who’ll appreciate whoever you are and ride the rollercoaster with you.” (Tweet This!)

Connect with Nathan

• Nathan’s BiggerPockets Profile
• Nathan’s BiggerPockets Blogs list
• Nathan’s Company Website

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Great real estate deals can be hard to find in a competitive market. So how do some investors manage to find multiple deals every month? That’s the focus of today’s show, where we sit down with active real estate entrepreneur Jeff DeCarlo as he shares his step-by-step blueprint for getting hundreds of leads from motivated sellers! You’ll love the “extra mile” Jeff goes to ensure his real estate pipeline never dries up!

In This Episode We Cover:

• What Jeff did before he started investing
• How he was laid off during the crash
• The first wholesale deal he completed
• How he learned things that courses don’t teach
• The details of Jeff’s first deal
• What transactional funding is
• What investors should know about wholesaling
• Two different ways to close deals when wholesaling
• The costs involved in wholesaling deals
• Great tips for getting a mentor
• The main focus of Jeff’s business today
• How to wholesale 4 deals per month
• What to do when problems arise
• How to stay in control of your deal
• The strategies he uses to invest
• What you should know about direct mail marketing
• What to do with bad addresses
• How Jeff puts together his mailing list
• How to get deals despite being the “smaller guy”
• The difference between those who persist and those who don’t
• Tips for estimating repairs
• A discussion on partnering with other wholesalers
• And SO much more!

Links from the Show

• BiggerPockets Courses
• Intelius
• BiggerPockets Webinar
• Vumber
• Podio

Books Mentioned in this Show

• Pitch Anything by Oren Klaff
• The Book on Flipping Houses by J. Scott
• The Millionaire Real Estate Investor by Gary Keller
• The 10X Rule by Grant Cardone

Tweetable Topics:

• “If you never get to your first deal, you will never figure stuff out.” (Tweet This!)
• “The experience is worth more than even getting that big first cheque.” (Tweet This!)

Connect with Jeff

• Jeff’s BiggerPockets Profile
• Email Jeff

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He was clinically dead for six minutes. No heartbeat. No sign of life. But Hal Elrod came back from this devastating event and has impacted millions in the process through his bestselling book, The Miracle Morning. Today on the BiggerPockets Podcast you’ll hear Hal’s full story, from the drunk driver that nearly ended everything to the lessons he learned that completely revolutionized his life. Hal’s story — and his advice on reaching your full potential — is sure to rock your life and leave you forever changed for the better. No matter what stage of your real estate investing business you find yourself in today, this show is about to help you get to the next level. Hang on tight!

In This Episode We Cover

• How to raise your potential for success
• Who Hal Elrod is
• Hal’s devastating accident
• The first book he wrote
• Details on his second book and why he started doing his morning ritual
• Why he was depressed to the point of losing his house
• The Morning Rituals
• The 6 most powerful proven personal development practices
• How much sleep do we really need?
• The S.A.V.E.R.S. — and why you should let this guide your morning
• Two forms of meditation
• Potential problems with affirmation and how to do it right
• How to realize the things that you are and are not in control of
• The two parts of visualization
• Why there’s magic in putting pen to paper
• How to change your life beyond just the financial
• How to apply these learnings to your life as an investor
• And SO much more!

Links from the Show

• BiggerPockets Keyword Alerts
• BP Podcast 005: Dealing with Death – A Financial Discussion with CFP Neal Frankle
• Forbes
• FastCompany
• Oprah
• SmartPassiveIncome
• The Rudder of the Day (blog)
• Omvana
• 7-Minute Workout App
• The Five-minute Journal
• The Miracle Morning Community (Facebook Group)

Books Mentioned in this Show

• The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) by Hal Elrod
• Taking Life Head On! by Hal Elrod
• The Miracle Morning for Real Estate Agents by Hal Elrod
• The Miracle Morning for Salespeople by Hal Elrod
• The Miracle Morning for Network Marketers by Hal Elrod
• Rich Dad Poor Dad by Robert T. Kiyosaki
• The 4-Hour Workweek by Timothy Ferriss
• The ONE Thing by Gary Keller
• Peaceful Parent, Happy Kids by Dr. Laura Markham
• The Miracle Morning Journal by Hal Elrod
• The 10X Rule by Grant Cardone
• 10x Planner By Grant Cardone
• The Millionaire Fastlane by MJ DeMarco

Tweetable Topics:

• “Your level of success will seldom exceed your level of personal development.” (Tweet This!)
• “Start your day with peaceful, purposeful silence.” (Tweet This!)
• “Win the morning and you win the day.” (Tweet This!)

Connect with Hal

• Hal’s Website

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On this episode of the BiggerPockets Podcast, we sit down with Mark Spidell, an investor from the great state of Colorado, to discuss how he uses real estate to engineer his ideal lifestyle! We talk about partnering with family, investing out-of-state, buying small commercial buildings, owning vacation rentals, and much, much more! Not only will this episode entertain and inform you, it will also help you clarify your own investing plan so you can begin engineering your own perfect lifestyle!

In This Episode We Cover:

• How Mark got started through ADU
• Why he went the vacation rental route
• Where he currently invests
• The benefits of lifestyle-focused investing
• Tips for people with families
• The qualitative and quantitative parts of his investing
• What he’s learned from his first investments
• How he weathered the market crash
• How he was able to buy more after the crash
• Tips for investing in commercial deals
• How he financed his commercial property
• A commercial banker’s perspective on applying for loan
• The difference between commercial and residential financing
• How to minimize risk on commercial property
• The benefits of investing in commercial real estate
• Why you should ask for help from attorneys when drawing up leases for commercial property
• The ins and outs of being a landlord for commercial real estate
• How to successfully mix commercial property and vacation rentals in your portfolio
• How to find out what you’re good at and figure out which investing path to take
• The art of lifestyle engineering
• And SO much more!

Links from the Show

• BiggerPockets’ Rental Property Portfolio Tracker
• BP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian Burke
• BiggerPockets Webinar
• BiggerPockets Calculator
• BP Podcast 152: Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge Shukhat
• Be a guest on the podcast

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki
• Schweser Notes for the 2011 CFA Exam Level 1 Book 3: Financial Reporting and Analysis

Tweetable Topics:

• “Commercial real estate is valued based on the income of the property.” (Tweet This!)
• “If you want the freedom, real estate could help you, but make sure you are doing it for the right reasons.” (Tweet This!)

Connect with Mark

• Mark’s BiggerPockets Profile

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Boom! Prepare to be blown away by this unbelievable interview with an investor who’s gone from nothing to more than 200 deals in just five years! You’ll learn how Sharad was able to find great deals, finance those deals, and build an investment portfolio that continues to grow no matter where lives or travels in the world. This show is one of the most humorous and most enlightening shows ever recorded on the BiggerPockets Podcast, so why are you still reading this? Listen to the show!

In This Episode We Cover:

• The story behind the $5,000 scholarship cheque
• How Sharad’s love for saving money led him to buy his first property
• Why he values bigger goals in life
• The importance of focusing on the things that matter
• The details of his first investment property
• How he figured out what he wanted to do as real estate investor
• How to start out without any formal education in real estate
• Whether you should buy inexpensive properties or not
• What A, B, and C-properties are
• Why he invests in his area now
• The importance of talking to local people to get a feel for the market
• How he bought $65,000 worth of property with just $17,000 cash
• How Sharad uses his time to find and analyze deals
• A call simulation that’ll teach you how to achieve the bottom line
• How to keep a good relationship with an agent
• How many deals he has done
• Sharad’s views on turnkey properties
• The benefit of having 48 properties for rental free and clear
• How he keeps his real estate business as simple as possible
• Sharad’s role within his business
• How his business works and how he automates it
• How to trust your contractors
• How to get discounts from Home Depot
• And SO much more!

Links from the Show

• From $80k in Credit Card Debt to 100+ Deals with Glenn and Amber Schworm
• Auction.com
• WaitButWhy

Books Mentioned in this Show

• The Millionaire Real Estate Investor by Gary Keller
• The Book on Rental Property Investing by Brandon Turner
• The Book on Investing with No or Low Money Down by Brandon Turner
• Start Something That Matters by Blake Mycoskie
• Elon Musk: Biography of a Self-Made Visionary, Entrepreneur and Billionaire by B Storm

Tweetable Topics:

• “You have to make some sacrifices to achieve bigger goals in life.” (Tweet This!)
• “If you are motivated enough, you will get anything done — no matter what.” (Tweet This!)
• “It all comes down to numbers. If the numbers make sense, I’ll buy it.” (Tweet This!)

Connect with Sharad

• Sharad’s BiggerPockets Profile
• Sharad’s Website

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Finding deals in your own backyard can be tough — but today we’re talking to a guest who finds incredible deals from across the country! Bob Couture joins us today to tell us his inspiring story of starting out with several “failed” flips, finding a partner, using crowdfunding, and much more. This show is jam packed with actionable tips and tricks for real estate investing, whether the deals are in your backyard or across the world!

In This Episode We Cover:

• Where Bob is from and where he currently invests
• Why Bob’s strategy is investing at a distance
• The importance of a “boots on the ground” partnership
• How he got started investing in real estate
• The details of his first deal
• How he became an accidental landlord
• How to put properties under a blanket loan
• How a bad deal can end up a great flip!
• The number of flips he has done
• Things to know when investing with a partner
• How to set up a direct mail business
• Who he is targeting in his marketing campaigns
• Why you might hire people to do driving for dollars
• His take on getting a real estate license
• How to find people you can trust
• Tips for overcoming the fear of starting out
• How he inspects properties
• Tips for making deals over the phone
• How he finances deals
• A discussion on crowdfunding
• And SO much more!

Links from the Show

• Be a Guest on the Podcast
• FundThatFlip.com

Books Mentioned in this Show

• The Millionaire Real Estate Investor by Gary Keller
• The Book on Rental Property Investing by Brandon Turner
• Secrets of Closing the Sale by Zig Ziglar
• The Miracle Morning by Hal Elrod

Connect with Bob

• Bob’s BiggerPockets Profile
• Bob’s Website
• Bob’s LinkedIn
• Email Bob

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On today’s episode of the BiggerPockets Podcast, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, HOLD: How to Find, Buy, and Rent Houses for Wealth), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it!

In This Episode We Cover:

• Who Linda is and how she started investing with huge debt
• The size of her portfolio
• Why she dropped out of college to become an entrepreneur
• How she bought property without money or good credit
• A look at financing back in the ’80s
• How to recession-proof your life
• A discussion on speculation vs. investing
• How every market is different
• What her freedom number is
• How to get deals by helping others build wealth
• Partnerships and whether newbies should seek them out
• Why freedom means having options
• The importance of taking the next step and avoiding analysis paralysis
• Linda’s formula for finding good deals
• How to figure out the best criteria for you
• What keeps her continuing to invest despite reaching her goals
• Tips for forming a team
• And SO much more!

Links from the Show

• Be a Guest on the Podcast
• Finding Your “Freedom Number” with Clayton Morris

Books Mentioned in this Show

• HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader
• Brandon Turner’s The Book on Investing with No or Low Money Down
• Rich Dad Poor Dad by Robert Kiyosaki
• Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
• The ONE Thing by Gary Keller and Jay Papasan
• Building Wealth One House at a Time by John Schaub
• The Millionaire Real Estate Investor by Gary Keller
• The Book on Rental Property Investing by Brandon Turner

Tweetable Topics:

• “If you do the right activities, the money shows up.” (Tweet This!)
• “The more money you make, the more options you have and the more good things you can do.” (Tweet This!)

Connect with Linda

• Linda’s BiggerPockets Profile
• Linda’s Website

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How would you like to own ten, fifty, or a thousand rental units? That’s the topic of today’s podcast roundtable with three previous guests of the BiggerPockets Podcast, Ben Leybovich, Brian Burke, and Serge Shukhat. These three investors have three very different business models, and in this fascinating discussion, each shares how they use rental properties to build wealth and passive income. We discuss (and debate) every aspect of the investor’s journey — all in an effort to help you succeed! We also discuss the big dangers rental investors face and how YOU can avoid those problems! Don’t miss this incredibly powerful episode with three fun, smart, and successful rental property investors!

In This Episode We Cover:

• Where is the rental market headed?
• Is planning for appreciation useless? (Debate!)
• What mistakes do new investors make?
• Overcoming challenges to investing in TODAY’S market
• Is it too late for newbies to buy rental properties?
• The best “single tip” from each panelist for newbies
• And SO much more!

Links from the Show

• BP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich
• BP Podcast 061:How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and Ben
• BiggerPockets Radio Podcast 003: Getting Started in Real Estate and Raising Money with Brian Burke
• BP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian Burke
• BP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge Shukhat
• BP Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat

Books Mentioned in this Show

• The Book on Rental Property Investing by Brandon Turner
• The Book on Managing Rental Properties by Brandon & Heather Turner
• Brandon Turner’s The Book on Investing with No or Low Money Down

Connect with The Panel

• Brian Burke’s BiggerPockets Profile
• Brian’s website
• Ben Leybovich’s BiggerPockets Profile
• Ben’s website
• Serge Shukhat’s BiggerPockets Profile

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Today on the BiggerPockets Podcast, we’re excited to sit down with an individual many people already know from television, radio, and the newspaper — Clark Howard. Besides being a nationally-syndicated radio and TV star, Clark Howard is also a real estate investor who has a unique outlook on the way real estate should fit into your financial picture, as well as numerous tips on avoiding scams, finding great locations to invest in, and much more! Don’t miss a second of this powerful episode!

In This Episode We Cover:

• Who TV and Radio Personality Clark Howard is
• How he went from a beach bum to financially free
• His job at the radio station
• His investing portfolio
• A story about the real estate bust
• How he bought properties through the bust (2011)
• How to not get into the “investing hysteria“
• Why you should avoid the “dare to be rich” pitch
• What the “smell test” is
• Why there’s no one magical way to invest
• Why understanding the local market is crucial
• How to farm neighborhoods
• Why you need to have a purpose behind how you’re investing
• Tips for investing in general
• And SO much more!

Links from the Show

• BiggerPockets Analysis Tools
• Podcast Guesting
• Vanguard

Books Mentioned in this Show

• 100 Questions Every First-Time Home Buyer Should Ask by Ilyce R. Glink
• Buy, Close, Move In! by Ilyce R. Glink
• The Wealthy Barber, Updated 3rd Edition by David Chilton
• The Power of Habit by Charles Duhigg

Tweetable Topics:

• “It’s part of who we are that we want to believe in miracle stories.” (Tweet This!)

Connect with Clark

• Clark’s Website
• The Clark Howard Podcast

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How do you build up a sizable real estate portfolio when you live in one of the most expensive cities in America? That’s the topic we dive into today on the BiggerPockets Podcast with guest Nazz Wang. Nazz has gone from 0 to 51 units in the past several years, both local in California and across the country. You’ll learn how Nazz overcame a bad first investing experience to find her niche in “lazy real estate investing” and how you can do the same!

In This Episode We Cover:

• Who is Nazz and how she’s been investing for 10 years now
• How she got started through house hacking
• How she acquired the mindset of a landlord back in college
• Nazz’s first property — and her first big mistake
• How neglecting the cash flow analysis ended up costing her
• The issues surrounding owning condo units
• How to discover and thrive in your niche
• How many units she currently has
• The problem with HOAs
• How she bought in the Midwest to maximize cash flow
• A discussion about property appreciation (are there any indicators?)
• Speculation vs. buying things you can afford to keep
• How Nazz educated herself in real estate
• Her experience investing as a woman
• How she finds, finances, and manages properties outside of her area
• How to establish a pipeline to make investing easier
• The benefits of the BRRRR strategy
• How to manage property managers
• And SO much more!

Links from the Show

• Turning “Weird” Properties Into Cash-Flowing Monsters with Johnny Youssef
• BRRRR Strategy
• Investing in Rental Properties When Your Local Area is Too Expensive With Mehran Kamari
• Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone
• 7 Ways to Find Incredible Real Estate Deals with Chad Carson

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• Dune by Frank Herbert

Tweetable Topics:

• “I would never pay money to lose money.” (Tweet This!)

Connect with Nazz

• Nazz’ BiggerPockets Profile

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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

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Finding deals can be tough in today’s real estate market, but one technique that works in every market is word of mouth marketing! In today’s show, Enrique Jevons shares his story of quitting a 21-year career to become his own boss and build a real estate empire. You’ll learn about finding deals, managing properties, getting your real estate license, and so much more!

In This Episode We Cover:

• How Enrique got into real estate coming from the hotel industry
• How signing checks for the owner opened his mind
• The importance of buying properties at the right time and right price point
• How be obtained a 13-unit apartment complex as his first property
• What you should know about choosing between multi- and single-families
• How he found his first property despite being a newbie
• How to use a HELOC for investing
• His current portfolio of over 100 units
• Enrique’s experience managing 500+ units with his property management company
• How he became the “guy that closes deals”
• How to get leads through word of mouth marketing
• Where Enrique finds deals
• Tips on networking and meeting new investors
• How he finances his deals
• What you should know about presenting yourself to banks
• How he manages his business one problem at a time
• Thoughts on getting a real estate license
• Whether you should consider starting a property management business
• And SO much more!

Links from the Show

• MeetUp.com
• LinkedIn
• QuickBooks
• GoogleDocs

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The Book on Real Estate Investing with No Money Down by Brandon Turner

Tweetable Topics:

• “Get as many units as you possibly can under one roof.” (Tweet This!)

Connect with Enrique

• Enrique’s BiggerPockets Profile
• Enrique’s Personal Website
• Linkedin
• Facebook

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of The BiggerPockets Podcast, we sit down with an investor who’s also a Grammy-nominated musician! Jeremy Jones has been acquiring rental properties in the Seattle metro area for several years, focusing primarily on multifamily investments and supplying him with a stream of passive income. You’ll love both his tactics and mindset and will walk away from this interview with numerous actionable ideas to help take your business to new heights. Enjoy!

In This Episode We Cover:

• A little bit about Jeremy and how he started
• How he got into real estate by chance through his music career
• How to maximize your income by renting by the room
• His first non owner-occupied rental
• What you should know about buying foreclosures
• The BRRRR Strategy and how to use it
• Advice on having a “long term flip“
• A discussion about hard money
• The importance of having exit strategies in mind ahead of time
• The topic of refinancing
• How to develop a criteria for purchasing houses
• How exactly banks and loans work
• REO vs. foreclosure auctions
• How Jeremy uses seller financing
• Where he buys properties and why he keeps them close to home
• How he manages his property and finds great contractors
• And SO much more!

Links from the Show

• Interested in becoming a guest on the BiggerPockets Podcast? Click Here
• Building a Rental Portfolio Through “Long-Term” Flips
• RedFin
• BiggerPockets Forums

Books Mentioned in this Show

• Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
• The Power of Full Engagement by Jim Loehr
• The Law of Success by Paramahansa Yogananda

Tweetable Topics:

• “If you have comps in mind, you can increase your confidence.” (Tweet This!)

Connect with Jeremy

• Jeremy’s BiggerPockets Profile
• Jeremy’s Personal Website
• Jeremy’s Airbnb Property

Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you have an “A-type” personality? If not, don’t worry–you can still build wealth through real estate! In this episode of the BiggerPockets Podcast, we talk with Danny Johnson (a real estate investor from San Antonio, Texas) about overcoming fears, age, and inexperience to successfully do more than 200 real estate transactions in the past decade! You’ll love the tips and advice Danny offers, and the role-playing phone call between Danny and Brandon will improve your phone skills with motivated sellers dramatically! Don’t miss this powerful show!

In This Episode We Cover:

• Who Danny Johnson is
• What’s happened with his business in the two years since he’s been on the show
• A better definition of wholesaling
• How to find a buyer you can count on
• How Danny gets his deals
• A call simulation with Danny in action (you don’t want to miss this!)
• The story that starts with a tattoo
• What you should know about buying REO properties
• Tips for people who are just starting out
• Important strategies for effective marketing
• Why it’s all about getting leads
• How to set the right mindset as a real estate investor
• How introverts can get into investing
• How Danny manages to stay in business
• Tips on SEO and setting up a website to get leads
• Cool tools that are free to have in your site
• And SO much more!

Links from the Show

• BiggerPockets Calculators
• BP Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson
• LeadPropeller
• SumoMe
• BiggerPockets Pro Perks
• BiggerPockets Forums

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The Book on Investing with No or Low Money Down by Brandon Turner
• The Millionaire Real Estate Investor by Gary Keller
• The ONE Thing by Gary Keller
• Flipping Houses Exposed: 34 Weeks In The Life Of A Successful House Flipper by Danny Johnson

Tweetable Topics:

• “People spend all that time and energy in doing marketing but not answering their phone.” (Tweet This!)
• “We still get advice from mentors and everybody should.” (Tweet This!)
• “Until you get to that first deal it’s going so much on faith.” (Tweet This!)

Connect with Danny

• Danny’s BiggerPockets Profile
• Danny’s Blog
• FlippingJunkie Podcast

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the BiggerPockets Podcast we sit down with a real estate investor who quit his six-figure full-time job at a Fortune 100 company to pursue his real estate investing dreams. Our guest, Nick Baldo, shares his story of starting with nothing and turning that into a sizable business that both flips and rents houses. Oh, and Nick isn’t even thirty yet! Don’t miss this informative episode of the BiggerPockets Podcast!

In This Episode We Cover:

• How Nick got into real estate
• Where he is currently investing and the typical prices of houses in his area
• How he began flipping houses when he was just 23!
• Where he got his funding
• How he was able to do business with a private money lender
• Lessons learned from the first deals
• The importance of ARV analysis
• Why he took that first step despite the lack of knowledge
• The ins & outs of transitioning from flipping houses to house hacking
• How to handle real estate investing as a business
• How to scale your business by building systems
• The online tools he uses for managing his business
• How to use networking as marketing
• Where Nick’s business is today
• Tips for those who want to quit their jobs and become full time investors
• And SO much more!

Links from the Show

• BP Podcast 142: 22 ½ ACTIONABLE Tips for Beginner Real Estate Investors With Josh and Brandon!
• Podio
• Asana
• Google Drive
• AppFolio
• Buildium
• QuickBooks
• BiggerPockets Keyword Alerts
• BiggerPockets Forums

Books Mentioned in this Show

• FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani and Clay Davis
• The Millionaire Real Estate Investor by Gary Keller
• Think and Grow Rich by Napoleon Hill
• Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill

Tweetable Topics:

• “There are always people with extra money not knowing what to do with it.” (Tweet This!)
• “It’s impossible to get started without your character.” (Tweet This!)
• “We did things as a business that had a 100 rentals would do it.” (Tweet This!)

Connect with Nick

• Nick’s BiggerPockets Profile
• Nick’s Company Website
• Nick’s Blog

Learn more about your ad choices. Visit megaphone.fm/adchoices

WARNING: We’re sorry, but there is no way you’ll be able to listen to today’s show without taking MASSIVE ACTION immediately after! Today on the BiggerPockets Podcast, Josh and Brandon bring you 22 (and a half) of their all-time favorite ACTIONABLE tips for building your real estate empire, especially if you’re just getting started. This show will leave you with a serious list of direct, actionable next steps that you can start implementing in your real estate today. Get ready because this show is going to change how you do real estate. You’ve been warned!

In This Episode We Cover:

• The actionable tips to help you take off as a real estate entrepreneur
• Tips for posting on Craigslist
• Why you should analyze 3 deals every single day
• What to look for in a local real estate agent
• A great way to connect with local real estate investors
• Why house-hacking a great strategy for newbies
• The real estate books that matter
• The importance of knowing your credit
• The two phrases to eliminate from your vocabulary
• The importance of giving your agent your criteria
• Why you should consider using yellow letters
• The strategy of walking for dollars
• How to formulate a roadmap for success
• Why flip shows video are great
• How to continue your education in financial literacy
• What podcasts to listen to
• And SO much more!

Download the Whole List (all 22.5!) 

Links from the Show

• Craigslist
• BiggerPockets Marketplace
• BiggerPockets Webinar
• BiggerPockets Calculators
• BiggerPockets Meet
• The Best Real Estate Books Ever
• AnnualCreditReport
• CreditKarma
• BiggerPockets Keyword Alerts
• BP Podcast 141: 7 Ways to Find Incredible Real Estate Deals with Chad Carson
• YouNeedABudget
• BiggerPockets Perks
• This Old House TV
• BiggerPockets #AskBP Podcasts
• BiggerPockets Youtube Channel

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The Total Money Makeover by Dave Ramsey
• The Book on Investing with No or Low Money Down by Brandon Turner
• What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measuresby Frank Gallinelli

Tweetable Topics:

• “Never buy a property when you only analyzed it just in your head.” (Tweet This!)
• “You’re the average of the 5 people you associate the most.” (Tweet This!)
• “Everybody has unfair advantages.” (Tweet This!)

Connect with Brandon and Josh

• Josh’s BiggerPockets Profile
• Brandon’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s busy real estate world, great deals can be hard for investors to find. That is why today we are excited to bring you a special episode of the BiggerPockets Podcast, recorded live at the TradeKing stage at FinCon 2015. In this interview with Chad Carson, you’ll learn his top seven favorite strategies for finding great deals even if your market is overheated! If you need to buy a great deal this year, the show is for you!

In This Episode We Cover:

• What exactly FinCon is
• How long Chad Carson has been investing
• How to find amazing deals
• The importance of knowing what’s important for your niche
• 7 tips for unearthing great investments
• What to look for when driving for dollars
• What you should know about “vacant radar“
• Why you should connect with experienced investors
• How to use Craigslist to find deals
• Tips for making successful phone calls
• How many units Chad currently has
• How to stay smart while using the MLS
• What exactly “referral prospecting” is
• The importance of keeping a good reputation
• How to use direct mail to find deals
• Why one might choose to let go of a property
• What you should know about guerrilla marketing
• And SO much more!

Links from the Show

• BP Podcast 084: Getting Started with Creative Finance and Designing Your Ideal Lifestyle With Chad Carson
• BiggerPockets Forums
• Ultimate Beginner’s Guide to Real Estate Investing
• BiggerPockets Webinar
• Brandon’s rental property that was on fire
• BiggerPockets Forum Categories (including local sub forums)
• Hustle: The Single Most Important Factor to Finding Real Estate Deals (blog post)
• BiggerPockets Blog

Books Mentioned in this Show

• The Warren Buffett Way by Robert G. Hagstrom
• What They Don’t Teach You at Harvard Business School by Mark H. McCormack
• The Book on Investing with No or Low Money Down by Brandon Turner

Tweetable Topics:

• “Real estate is like being an athlete—every single day you train and lift in order to perform well.” (Tweet This!)

Connect with Chad

• Chad’s BiggerPockets Profile
• Chad’s BiggerPockets Blogs
• Chad’s Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing is a BIG field, and there are hundreds of ways to build wealth. However, according to our guest today, the riches are in the niches! On today’s show we sit down with Bill Syrios, an investor from Oregon who specializes in the incredibly lucrative field of student housing (as well as numerous other niches!). You’ll learn how he transformed an early real estate setback into a business that owns hundreds of properties in multiple states!

In This Episode We Cover:

• Times when the Syrios family has been on the BP Podcast!
• How Bill got started in investing
• What the interest rates were like in 1980
• What kept him going despite market crashes and failures
• How to treat your real estate investing as a business
• The importance of becoming an expert in a niche market
• How he got started investing in student housing
• The pros and cons of student housing
• Tips for handling student turnover
• What you should know about finding a property manager for these properties
• What Loan Care Services is
• How to deal with difficult rental situations
• Important legal restrictions for campus properties
• The details on a 48-unit fraternity house renovation
• Bill’s current portfolio and the states he invests in
• The concept of giving over ownership
• And SO much more!

Links from the Show

• BiggerPockets Meet
• BiggerPockets Forums
• BP Podcast 121: Creating the IDEAL Real Estate Investing Business with Andrew and Phillip Syrios
• Ultimate Beginner’s Guide to Real Estate Investing
• Airbnb
• BRRRR Strategy
• BP Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan

Books Mentioned in this Show

• The Everything Landlording Book: An All-in-one Guide To Property Management by Judy Tremore
• Good to Great by Jim Collins
• Built to Last by Jim Collins
• 7 Habits of Highly Effective People by Stephen R. Covey
• The 8th Habit by Stephen R. Covey
• First Things First by Stephen R. Covey
• The Millionaire Real Estate Investor by Gary Keller
• The ONE Thing by Gary Keller and Jay Papasan
• The Black Swan by Nassim Nicholas Taleb
• Outliers: The Story of Success by Malcom Gladwell
• The Tipping Point by Malcolm Gladwell
• What Got You Here Won’t Get You There by Marshall Goldsmith
• Triggers: Creating Behavior That Lasts by Marshall Goldsmith
• Profit by Investing in Student Housing by Michael Zaransky
• Smart Essentials For College Rentals by Dan Gooder Richard

Tweetable Topics:

• “Even if you only own one property from day one, you treat it as a business.” (Tweet This!)
• “Every business, every niche has an obstacle.” (Tweet This!)
• “That’s where real estate investing starts—it starts with a great deal.” (Tweet This!)

Connect with Bill

• Bill’s BiggerPockets Profile
• Bill’s son, Andrew’s BP Blog (He’s the writer!)
• Bill’s Company Website: StewardshipProperties.com
• Another Niche Website: StewardshipCapital

Learn more about your ad choices. Visit megaphone.fm/adchoices

Many people struggle to get started, especially when they live in an expensive market. That’s why today on the BiggerPockets Podcast we’re excited to bring you this interview with a newer investor who’s figuring out how to make a passive investment business despite living in one of the most expensive cities in America. You’ll learn how Fat Tony (yes, that’s really what he goes by!) invests in out-of-state deals and how mindset has played a major role in his early success.

In This Episode We Cover:

• Who is Fat Tony, and what’s with the name?
• How he got started in real estate investing
• Why it all starts with changing your mindset
• The value of continuing education
• His first deal: a short sale
• Whether it’s worth it to look into condos
• How to start doing the things you need to do
• The importance of tracking your net worth
• Why you should view real estate as a long term play
• What it takes to successfully invest out of state
• The importance of working with people who you can trust
• Why all investors should have cash reserves
• Why Tony believes in buying site unseen
• The worth of his properties today
• Tips for finding people who share the same mindset
• And SO much more!

Links from the Show

• Want to be our sponsor? Email here
• BiggerPockets Forums
• BiggerPockets Webinar
• BiggerPockets Podcast
• BP Podcast 134: Creative Finance and Gaining a Millionaire Mindset with Pro BMX Rider Terry Adams
• The Secret
• BP Podcast 004: Commercial Real Estate Investing With Frank Gallinelli

Books Mentioned in this Show

• Brandon Turner’s Investing With No or Low Money Down
• Secrets of the Millionaire Mind by T. Harv Eker
• Rich Dad Poor Dad by Robert T. Kiyosaki
• What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measuresby Frank Gallinelli
• The 4-Hour Workweek by Timothy Ferriss

Tweetable Topics:

• “I’m a businessman, not a handyman. And I’m okay with that.” (Tweet This!)
• “There’s gotta be a way. Other people are doing it. I just need to figure out the way.” (Tweet This!)

Connect with Fat Tony

• Fat Tony’s BiggerPockets Profile
• Fat Tony’s Company Website
• Instagram
• Facebook
• Twitter
• The Expansion Project Podcast
• Break Parallel

Learn more about your ad choices. Visit megaphone.fm/adchoices

Self storage is one of the most passive forms of real estate investing out there, but only if it’s run correctly. On this episode of the BiggerPockets Podcast, you’ll learn from CPA and real estate investor Michael Rogers about the process of finding, rehabbing, and cash flowing self storage units—and they systems that have allowed Michael to buy 350 units and partially quit his job.

In This Episode We Cover:

• Michael’s thoughts on having a part time job while investing in real estate
• How he bought a duplex while still a student
• What you should know about loan to value
• How to find the right sub contractors
• How Michael got into self storage
• Tips for investors looking to start with self storage
• Why you should be aware of the “Declining Spiral“
• How he structures his system to get clients for storage rentals
• How auctions work when tenants don’t pay the rent
• What you should look out for in the self storage niche
• The software that Michael uses
• 3 lines of defense for self storage
• How to find tenants
• How he uses Search Engine Optimization to his benefit
• The numbers involved in his deals
• Why he’s an active BiggerPockets member
• And SO much more!

Links from the Show

• BiggerPockets Forums
• BiggerPockets Webinar
• BiggerPockets Calculator
• 50% Rule
• BiggerPockets Podcast
• Automating Your Investing, Long Distance Rehabs and Spec Building with J Scott
• Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian Burke
• My Latest BRRRR is Rehabbed and Ready to Rent
• BiggerPockets Files
• Easy Storage Solutions
• UncleBobs
• PublicStorage
• SSA

Books Mentioned in this Show

• The Millionaire Real Estate Investor by Gary Keller and Jay Papasan
• Every Landlord’s Legal Guide by Marcia Stewart and Janet Portman
• The Essays of Warren Buffett by Warren Buffett
• Brandon Turner’s Book: Investing With No or Low Money Down

Tweetable Topics:

• “When you are at that job and you’re doing that work, you got to give it your 100%.” (Tweet This!)
• “You always look at how much cash are you going to lay out and then what it’s going to bring back in time.” (Tweet This!)
• “Find out what the big guys are doing. You don’t have to reinvent the wheel.” (Tweet This!)

Connect with Michael

• Michael’s BiggerPockets Profile
• Michael’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the BiggerPockets Podcast, we want to introduce you to a real estate investor who has figured out the secret to scaling his business: systems. Sam Craven, who was last on the BiggerPockets Podcast back on show 33, shares with us the processes he has implemented that have enabled him to build a team, putting him on track to buy nearly 100 homes this year. You’ll love the humor, the advice, and the examples Sam brings to the show and will walk away with new ideas to scale your own business.

In This Episode We Cover:

• Sam’s progress since the last time he was on the show
• What his business model looks like
• Why he identifies as a “customer service business“
• The importance of building processes
• What the people in his company do
• The vital importance of systemizing your business
• How to create a “franchise-able” business
• Why you should start with the end in mind
• How to use diversified methods in marketing
• What exactly high equity mailers are
• How they finance their deals
• The worst deal Sam’s ever done
• And SO much more!

Links from the Show

• BiggerPockets Webinar Pro Replay
• BiggerPockets Pro
• How to Close 27 Deals in Your First Year While Working Full Time with Sam Craven (Podcast)
• BiggerPockets Forums
• Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan (Podcast)
• BiggerPockets Facebook
• BiggerPockets Webinar

Books Mentioned in this Show

• The E-Myth Revisited by Michael E. Gerber
• 80/20 Sales and Marketing by Perry Marshall
• The Millionaire Real Estate Investor by Gary Keller and Jay Papasan
• Good to Great by Jim Collins

Tweetable Topics:

• “People call us because they have a problem that they need to be solved.” (Tweet This!)
• “Anyone who joins our company always have to fill out a goal sheet as well.” (Tweet This!)
• “One of the joys of growing a business is trying stuff and seeing if it works.” (Tweet This!)

Connect with Sam

• Sam’s BiggerPockets Profile
• Sam’s Company Website
• Sam’s Instagram Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Having trouble finding good deals? You won’t after this inspiring episode of the BiggerPockets Podcast! Today we bring you an interview with Shawn Holsapple, a real estate investor who is dominating his market, having done over 300 transactions in just the past several years. You’ll learn how Shawn is finding consistent deals and opportunities to keep his deal pipeline flowing!

In This Episode We Cover:

• How Shawn got started investing out of the country
• The certain book and seminar that spurred him to begin
• How to overcome analysis paralysis
• Where he gets his active income
• What wholesaling and “wholetailing” are
• How many deals he is doing
• What his team consists of and how he maximizes the use of a VA
• How to best take advantage of HUDs and the MLS
• Tips for knowing what to offer when making a deal
• How Shawn uses online auctions
• How to figure out the cost of a fix up
• Shawn’s take on getting a real estate license
• What you should know about building your portfolio
• Why Shawn believes you don’t necessarily need a cash buyer’s list
• A glimpse into how he manages his business
• And SO much more!

Links from the Show

• Brandon’s Disney’s video (on his Facebook)
• BiggerPockets SubForums
• BiggerPockets Forums
• Upwork
• BiggerPockets Webinar
• Auction.com
• Hudson and Marshall
• BiggerPockets Keyword Alerts
• BiggerPockets #AskBP

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert T. Kiyosaki
• The 4-Hour Workweek by Timothy Ferriss
• The Book on Flipping Houses by J. Scott
• The E-Myth Revisited by Michael E. Gerber
• The 10X Rule by Grant Cardone

Tweetable Topics:

• “You flip for quick cash so that you can buy the buy and holds.” (Tweet This!)
• “If you can’t sell your deal, then you don’t have a deal.” (Tweet This!)
• “If you’re not falling down and getting hurt then you are not trying hard enough.” (Tweet This!)

Connect with Shawn

• Shawn’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

How does someone shift from buying single family houses to buying hundred+ unit apartment complexes? That’s the topic we’re diving into today on the BiggerPockets Podcast with real estate investor and former CPA Brian Adams. This show is packed to the brim with actionable tips and advice for anyone looking to expand their real estate business, quit their job, raise private capital, and work less while enjoying life more. You’ll be inspired and motivated by interview, so don’t miss a moment of it!

In This Episode We Cover:

• The important perspectives Brain gained from his grandfather and football coach
• How he bought a rental property with a CPA background
• The impetus he used to change how things were going with his life
• How to plan and implement a journey to real estate investing
• The process of partnering with a group
• Things Brian would’ve done better if he started all over again
• How to pick your partner’s brain when making deals
• Brian’s 98-unit deal — that ended up folding
• What to do when your investors back out on a deal
• What you should know about exit strategies
• How he gets paid with kind of deals he does
• How he plays matchmaker for investors and buyers
• The importance of the “ABM” (Always Be Marketing) strategy
• And SO much more!

Links from the Show

• Listen to BiggerPockets Podcast on Stitcher
• BiggerPockets Webinar
• BiggerPockets Forums
• Marcus & Millichap
• IRR
• Costar
• LoopNet
• Multifamily and Apartment Investing Forums
• I quit my CPA Job to buy Large Apartment Buildings (Forum Thread)

Books Mentioned in this Show

• The 7 Habits of Highly Effective People by Stephen Covey
• 80/20 Sales and Marketing by Perry Marshall
• Emerging Real Estate Markets by David Lindahl
• It’s a Whole New Business by Gene Trowbridge
• Keep It!: Advanced Tax Strategies for IRAs by Joe O Luby III
• Getting Things Done by David Allen
• The E-Myth Revisited by Michael E. Gerber
• Think and Grow Rich by Napoleon Hill
• No B.S. Marketing to the Affluent by Dan S. Kennedy
• Never Check E-Mail In the Morning by Julie Morgenstern

Tweetable Topics:

• “Education and the books are fine, but you got to get out there and take some risk.” (Tweet This!)
• “Let’s follow those who are smart, those who have done this before.” (Tweet This!)
• “5 percent of a great deal is better than a 100 percent of no deal.” (Tweet This!)

Connect with Brian

• Brian’s BiggerPockets Profile
• Brian’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we sit down and dig into the life of a professional BMX bike rider Terry Adams. Outside of his many accomplishments in the stunt bike world (X-Games gold medal, appearance on Glee and Ellen, and more), Terry is also an accomplished real estate investor with some incredible strategies for building wealth. In the interview, we cover everything from investing with no money, to dealing with personal finance concerns, to mindsets, and more. This show is about to rock your world, so grab a pencil and some paper and let’s get started!

In This Episode We Cover:

• Who Terry Adams is and what his profession entails
• How he got started in real estate
• The details of his first property
• His trailer property
• How he finds great real estate deals
• What you should know about finding a mentor
• The ins and outs of the “BRRR” strategy
• What exactly line of credit investing is
• Tips for dealing with banks
• How your mindset affects how you invest in real estate
• The details of Terry Adams’s portfolio
• The secret to building wealth with the help of mentors
• The importance of knowing your net worth
• And SO much more!

Links from the Show

• Terry Adams on The Ellen Show (video)
• BiggerPockets Meet
• BiggerPockets Forums
• BiggerPockets Podcast

Books Mentioned in this Show

• Secrets of the Millionaire Mind by T. Harv Eker
• The Richest Man in Babylon by George S. Clason

Tweetable Topics:

• “There’s always a way to make it happen.” (Tweet This!)
• “The more I manage my money, the more money I have to manage.” (Tweet This!)
• “You take your other liquid asset and you invest it, because that’s how you build wealth.” (Tweet This!)

Connect with Terry

• Terry’s Instagram
• Terry’s Twitter
• Snapchat: terryadamsbmx
• Facebook Fan Page
• Terry’s Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a new real estate investor go from zero properties to over 1,000 units in under a decade? Through careful scaling! That’s the topic on today’s BiggerPockets Podcast with guest Jason Cohen, an investor who has built a sizable portfolio utilizing systems, processes and people. You’ll learn about the financing strategies needed to make this adventure possible, as well as Jason’s incredible strategy for finding real estate deals that no one else is finding. Prepare to be blown away – this is one show for the record books!

In This Episode We Cover:

• What Jason Cohen does and the niche he targets
• How he scaled from 7 units to a massive 148-unit business
• The debacle he encountered with his first employees
• How he achieved the first “right” hire
• How many employees he has for his company
• How he built systems to run such a huge business
• Jason’s tips for getting started
• Proven ways to find properties
• How he grew his business in just 9 years
• How he finances his real estate deals
• The importance of building a good track record with the banks
• Insight on mentorships
• And SO much more!

Links from the Show

• Top Ten Rookie Mistakes of the Multifamily Investor (blog)
• Building a Monster Wholesaling Business with Mike Nelson (podcast)
• LoopNet
• Austin BizJournal
• Pittsburgh Business Times
• BiggerPockets Forums
• BiggerPockets Podcast

Books Mentioned in this Show

• The Martian by Andy Weir
• How to Win Friends & Influence People by Dale Carnegie

Tweetable Topics:

• “If you want it, you’re going to find a solution.” (Tweet This!)
• “At some point you have to pull the trigger.” (Tweet This!)
• “If you make a mistake, create a system to where you can’t make that mistake again.” (Tweet This!)

Connect with Jason

• Jason’s BiggerPockets Profile
• Jason’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast, we are excited to bring back Brie Schmidt, a real estate investor from the Chicago market who has absolutely DOMINATED her goals over the past twelve months. Last time we talked with Brie, she had just quit her job to pursue real estate full-time. Today you’ll learn about the impact that decision made on her life and how she’s been able to reach her financial goal in just twelve months, buying more than fifty new rental property units in that time! Be prepared to be blown away and inspired to do the same!

In This Episode We Cover:

• Who Brie is and how she quit her job and went full time since the last show
• The 3 catalysts that drove her to become a full time investor
• How to incentivize in-house property management
• Tips for making tenants happy
• The story behind 50 units in one year
• What kind of tenants she is looking for
• How Brie handled her first eviction
• What kind of properties she is investing in
• Her average cost per door
• The details of buying multiple units at a time and concerns you face with it
• The mindset behind buying 50 units in a year
• And SO much more!

Links from the Show

• BiggerPockets Keyword Alerts
• Quitting Your Job, Buy & Hold Investing, and Succeeding With High-End Rentals with Brie Schmidt
• BiggerPockets Webinar
• Investing in Foreclosures, Quitting Your Job, and Getting More Than 10 Loans with Anca Rader
• How I Found, Analyzed, and Bought an Ugly Purple Rental Property
• BiggerPockets Marketplace
• BiggerPockets Forums
• PayNearMe
• BiggerPockets Podcast
• Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan
• Twitter

Books Mentioned in this Show

• The Millionaire Real Estate Investor by Gary Keller
• The ONE Thing by Gary Keller
• The 10X Rule by Grant Cardone

Tweetable Topics:

• “You bring up the level of the property to attract the kind of tenant that you want.” (Tweet This!)
• “Property management could make or break your business.” (Tweet This!)

Connect with Brie

• Brie’s BiggerPockets Profile
• Brie’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone wants to invest in multifamily properties. (Well, almost everyone.) But with the market heating up around the country, great deals are becoming incredibly difficult to find. That’s why we had to bring back one of our most popular guests on the BiggerPockets Podcast, Serge Shukhat.

The last time we talked with Serge back in episode 60, Serge told us how he built up a massive portfolio in just a few years. But if you were impressed then, this show is going to blow you away. Filled with TONS of actionable tips, stories and warnings, this is one episode you are going to want (and need) to listen to over and over again.

In This Episode We Cover:

• How Serge got started in real estate
• What he’s been up to since his last episode
• What value add and value add investors are
• What you need to know about commercial lending
• How he used seller financing for his 32 units
• The 3 components of successfully purchasing multifamily properties
• The ins and outs of cap rate and exit cap rate
• Why Serge does his own property management
• Things to avoid when value add investing
• What exactly submetering is
• Instances when overlooking things may cause problems later on
• Thoughts on using multi-units as vacation rentals
• How to train resident managers and tenants
• The importance of changing your strategy depending on the market
• What you should know about long term 30-year fixed financing
• What secondary markets are — and why Serge likes them
• How to connect with owners and resident managers
• How to keep a competitive advantage
• And SO much more!

Links from the Show

• BP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge Shukhat
• BP Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone
• BiggerPockets Forums
• Stop Obsessing About All Those Damn “Rules” in Your Real Estate Investing (Blog Post)
• LoopNet
• BiggerPockets Multi-Family and Apartment Investing Forums

Books Mentioned in this Show

• The Magic of Thinking Big by David J. Schwartz
• Rich Dad Poor Dad by Robert T. Kiyosaki
• Landlording on Auto-Pilot by Mike Butler
• The Real Book of Real Estate by Robert T. Kiyosaki
• The 7 Habits of Highly Effective People by Stephen Covey
• The ABCs of Real Estate Investing by Ken McElroy
• The E-Myth Revisited by Michael E. Gerber
• The ONE Thing by Gary Keller
• How to Win Friends & Influence People by Dale Carnegie

Tweetable Topics:

• “If you want to do a syndication, make sure you find a syndicator that is experienced. It’s all about the sponsor.” (Tweet This!)
• “Time is not your enemy in real estate, time is your friend.” (Tweet This!)
• “Be on a location where people want to be.” (Tweet This!)
• “No matter how successful you are, you got to keep moving forward.” (Tweet This!)

Connect with Serge

• Serge’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Will Barnard recently closed on a seven-figure profit house flip (that’s right… over $1M on one single house!) In this episode of the BiggerPockets Podcast, Will shares the story, as well as 10 specific and actionable tips for anyone looking to rehab a property. Be sure to grab a pen and paper for this show… you are going to need it!

In This Episode We Cover:

• How Will’s doing since the last time he was on the show
• The famous 7 Figure Flip
• All the details you want to hear about that flip!
• The 10 things you need to become a better flipper
• How to know your market
• The importance of building a team before you buy
• The members you need on your team
• How to find quality contractors
• The importance of negotiation as a real estate investor
• The two numbers that you need in order to make an offer
• The ins and outs of using leverage
• How to build a reputation by taking care of your investors
• The importance of learning how to manage efficiently
• How to know where you can save (and where you shouldn’t) in flipping houses
• And SO much more!

Links from the Show

• Diary of a Seven Figure Spread (Forum Thread)
• BiggerPockets Flipping Calculator
• BiggerPockets Forums
• Will Barnard’s First BP Podcast Interview
• BP Podcast 120: How to Find, Analyze, and Finance an Incredible Real Estate Deal!
• The Occupants from Hell (Forum Thread)

Books Mentioned in this Show

• The 10X Rule by Grant Cardone
• The Book on Flipping Houses by J. Scott
• The Book on Investing with No Money Down by Brandon Turner
• A Million Bucks by 30 by Alan Corey
• Trump-Style Negotiation: Powerful Strategies and Tactics for Mastering Every Deal by George H. Ross
• Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki

Tweetable Topics:

• “You really need to get the boots on the ground to know your market.” (Tweet This!)
• “Trying to flip from afar is really asking for trouble.” (Tweet This!)
• “Everything you do in the real estate field — everything — pretty much is a negotiation.” (Tweet This!)
• “Listening to people negotiate is really helpful.” (Tweet This!)
• “There’s no right or wrong answer here. It’s a matter of finding out what do you want.” (Tweet This!)
• “You can’t be scared to fail because you’re going to fail.” (Tweet This!)

Connect with Will

• Will’s BiggerPockets Profile
• Will’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the BiggerPockets Podcast, we’re going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You’ll meet Mindy Jensen and discover how she uses the “live-in flip” strategy to build wealth through real estate. You’ll also learn how a live-in flipper can save significant money on taxes as well as a discussion on the benefits of doing your own work. Don’t miss this enlightening, and hilarious, episode!

In This Episode We Cover:

• Who Mindy Jensen is
• Her thoughts on personal finance
• Frugality, as defined by Mindy
• A debate on Starbucks (as well as Priuses) and frugality
• Where she spends her money
• How Mindy got started in real estate
• Details on her deals
• 7% as a steal?
• The ins and outs of performing a live and flip
• Getting a real estate license as a means to invest
• What you should know about For Sale By Owner (FSBO) properties
• How she advertises her houses
• The pros and cons of live and flips
• Why women can and should fix houses
• The importance of home inspections
• And SO much more!

Links from the Show

• BiggerPockets Keyword Alerts
• #AskBP Podcast
• BiggerPockets Blogs
• BiggerPockets Forums
• BP Podcast with Jeff Brown
• How to “Hack” Your Housing and Get Paid to Live for Free
• FSBOMadison
• Zillow
• Trulia
• BRRRR Strategy
• 3 Real Life Examples That Prove the HIGH Cost of Ignorance in Real Estate
• Want to Make $1,000 or More Per Hour?
• BiggerPockets Forums: New Member Introduction

Books Mentioned in this Show

• The Book on Flipping Houses by J. Scott
• The Book on Investing with No Money Down by Brandon Turner
• The Snowball: Warren Buffett and the Business of Life by Alice Schroeder
• The Warren Buffett Way by Robert G. Hagstrom
• The Richest Man in Babylon by George S. Clason

Tweetable Topics:

• “Frugality is save money where you can, so you can spend it where you want to or where you need to.” (Tweet This!)
• “I didn’t get my license to sell houses. I got it so that I could invest and have access to MLS.” (Tweet This!)
• “Nobody likes your house more than you.” (Tweet This!)

Connect with Mindy

• Mindy’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the BiggerPockets Podcast, we sit down and talk with a real estate entrepreneur who recently was able to quit her job and travel the world thanks to her real estate ambitions! You’ll learn the unique methods Anca uses to get around the “4 to 10 loans” limit to finance numerous properties, as well as many other tips on everything ranging from house hacking to buying foreclosures to buying at an auction, and so much more. Don’t miss this excellent interview with an incredible successful investor, Anca!

In This Episode We Cover:

• How Anca got started with real estate
• Why Anca started with 50-50 partnership deals with her dad
• How they got their first deal
• How home equity loans can help you invest
• Buying foreclosed properties
• The ins and outs of REO foreclosures
• Tips for new real estate investors
• What you should know about getting loans
• How Anca manages her 33 rental units
• Using commercial loans to finance residential investments
• How Anca uses the BRRR strategy to invest with low-money down
• Anca’s smart strategy for getting deals when working with other agents
• The dangers of buying properties in auction
• Things you need to know about long distance investing
• And SO much more!

Links from the Show

• BiggerPockets Store
• The Book on Flipping Houses by J. Scott
• The Book on Investing with No Money Down by Brandon Turner
• BiggerPockets Webinar
• BiggerPockets Webinar Pro Replays
• Auction.Com
• Hubzu
• HomeSearch
• Seth Rogen & James Franco Bound 3 HD (Explicit)

Books Mentioned in this Show

• Rich Dad Poor Dad  by Robert Kiyosaki
• Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger
• The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday

Connect with Anca

• Anca’s BiggerPockets Profile
• Anca’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

As you grow your real estate business, a partner can help you achieve incredible levels. That’s why today on the BiggerPockets Podcast we sit down with James Wise to talk about how he used a partnership to build his own investment portfolio, as well as build a thriving brokerage and property management business. In this interview, you’ll learn how James finds and screens tenants, uses BiggerPockets to raise money, and much more.

In This Episode We Cover:

• How James got started with real estate
• How he (unknowingly) house hacked his first property
• How he moved on to his next deals
• Tips on finding a business partner
• Learning the hard way through trial and error
• How James screens tenants now (and the mistakes he used to make!)
• Valuable tips on finding partners
• How he’s using BiggerPockets to grow his business
• His take on starting a brokerage or real estate management company
• Tips for real estate agents working with an investor
• Where to get the cash to actually live while investing in real estate
• And SO much more!

Links from the Show

• Shia LaBeouf delivers the most intense motivational speech of all-time
• #AskBP Podcast
• Tenant Screening: The Ultimate Guide
• Evicted Tenant Threatens Landlord With a Machete (Seriously)
• BiggerPockets Forums
• #AskBP 034: Should You Rent to a Tenant With an Eviction in Their Past?
• Joel Owen’s BiggerPockets Profile
• New Member Welcome Forum
• Draft Day

Books Mentioned in this Show

• Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth by Robert G. Allen

Tweetable Topics:

• “You’re always going to have vacancies. It’s part of the business.” (Tweet This!)

Connect with James

• James’s BiggerPockets Profile
• James’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a real estate empire takes time, effort, and significant amounts of capital. However, as our guest today shares with us, it’s not beyond your reach! Learn how Brian Murray built a real estate portfolio to over 400 units using a variety of strategies and intelligent techniques. If you plan on building a large real estate portfolio in your future, this is a CAN’T MISS episode!

In This Episode We Cover:

• How Brian got started with real estate
• Why he invested in commercial office space
• The techniques he used to get the place rented
• What exactly assuming the loan of the seller means
• A discussion about Capitalization Rates
• Value added investing
• How to use the 50% Rule with commercial properties
• The value of putting money back into the property
• How he manages his properties and his specific views on it
• How to find great deals
• Tips for real estate investors on getting started
• His biggest success and biggest mistake
• And SO much more!

Links from the Show

• #AskBP Podcast
• The One Thing You Need to Achieve Your Biggest Goals [#AskBP]
• BiggerPockets Podcast
• BiggerPockets Forums
• BiggerPockets Podcast show 100 with Josh Dorkin
• BiggerPockets LinkedIn Profile
• BiggerPockets Facebook
• BiggerPockets Twitter

Books Mentioned in this Show

• The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges
• Rich Dad Poor Dad  by Robert Kiyosaki
• Don’t Sweat the Small Stuff and It’s All Small Stuff by Richard Carlson

Tweetable Topics:

• “You can’t expect anyone to treat your property as well as you do yourself.” (Tweet This!)
• “You’re gonna see far better returns if you invest yourself and your time into your properties.” (Tweet This!)
• “A lot of people they think that a property is not for sale, everything is for sale.” (Tweet This!)
• “Grit is living life like a marathon, not a sprint.” (Tweet This!)

Connect with Brian

• Brian’s BiggerPockets Profile
• Brian’s LinkedIn
• Brian’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

What if you could sit down with one of the best-selling business authors of all time and pick their brain? Lucky for you, that’s exactly what you get to do today here on the BiggerPockets Podcast where we interview Michael Gerber, author of The E-Myth Revisited. The E-Myth has been one of the most-frequently mentioned books from past guests on this Podcast, so we just had to sit down with Michael to talk about what makes some investors successful and other’s struggle continuously! Hint: It’s all about the system. Stay tuned!

In This Episode We Cover:

• Who Michael Gerber is
• How he got to where he is now
• Lessons that he learned early in life
• What exactly the “E-Myth” is
• The primary reason why businesses fail
• Working on your business vs. working in your business
• “Turnkey-ing” a business
• How to invent and implement a system
• One tip for a storage unit operator
• The four personalities in every business
• How to get a mentor
• And SO much more!

Links from the Show

• BiggerPockets’ Instagram 
• BiggerPockets Webinar
• BiggerPockets Forums
• Get Things Done with David Allen (podcast)
• Zoom
• GoToMeeting

Books Mentioned in this Show

• The E-Myth by Michael Gerber
• The Millionaire Next Door by Thomas J. Stanley
• The Book on Investing with No Money Down by Brandon Turner
• The E-Myth Revisited by Michael Gerber
• Marketing for Business Growth by Theodore Levitt

Tweetable Topics:

• “Every small business is a school.” (Tweet This!)
• “Don’t get into something unless you’re changing the world.” (Tweet This!)
• “Passion is insufficient; persistence and dedication are absolutely critical.” (Tweet This!)

Connect with Michael

• Michael’s Company
• Michael’s Email

Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it possible to invest in real estate when you don’t have decades of life-experiences? That’s the topic we dive into today on the BiggerPockets Podcast with special guest Jered Sturm. Jered, who is in his mid-twenties, is an incredibly successful buy-and-hold investor as well as a house flipper and contractor. Jared’s unique strategy appeals to anyone who is looking to build a large portfolio in a short time. Today’s show is all about hustle, and doing what it takes to succeed! Whether you are 25 or 75, this interview is bound to inspire you to take massive action to find the success you desire. Stay tuned!

In This Episode We Cover:

• How Jered bought his first property right out of high school
• Details on Jered’s journey to 20+ units
• How Jered has financed his deals
• The ins and outs of the flips he’s completed
• The importance of networking to finding properties
• How Jered and his team find deals
• The common trait that makes some landlords terrible
• The advantages and disadvantages of investing in real estate at a young age
• The power of exponential growth
• And SO much more!

Links from the Show

• BiggerPockets AskBP Podcast
• BiggerPockets Calculators
• It’s a Wonderful Life
• How to Start Investing In Real Estate at a Young Age
• BiggerPockets Forums
• BiggerPockets Webinar
• Zillow

Books Mentioned in this Show

• The E-Myth Revisited by Michael Gerber
• J. Scott’s The Book on Flipping Houses
• Investing in Real Estate by Gary Eldred
• Business Brilliant by Lewis Schiff

Tweetable Topics:

• “If we can do it for others, why not do it for ourselves?” (Tweet This!)
• “If you wait longer in life, you’re going to have all the responsibilities that usually come later in life.” (Tweet This!)
• “People can find the confidence in you if you just carry yourself the right way.” (Tweet This!)
• “There’s gonna be times in life where I’ll know I want free time more than I do now.” (Tweet This!)
• “No company cares about the property as much as an owner.” (Tweet This!)
• “Be someone that people will lend money to.” (Tweet This!)

Connect with Jered

• Jered’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s episode of the BiggerPockets Podcast is different than any other we’ve done, and probably not one to listen to with the kids in the car. Today we’re talking with Justin Escajeda, who overcame a life of crime, drugs, and homelessness to create an impressive real estate business, despite his ugly past. You’ll learn about the process Justin went through to build his empire and discover some unique ideasto help you create additional passive income in your life. Prepare to be shocked, encouraged, and motivated after listening to today’s show.

In This Episode We Cover:

• How Justin got started in real estate investing
• The hard past he had to overcome
• His first screening experience with his duplex
• How he landed his first deal, a duplex in a low income neighborhood
• How he found his real estate partnership
• A discussion on seller financing
• The ins and outs of self storage
• Some of the downsides of self storage
• One tip for a storage unit operator
• Justin’s opinion on mobile homes
• His plans for the future
• And SO much more!

Links from the Show

• BiggerPockets Meet
• The Super
• Mobile Home Investing and Getting Started With John Fedro
• Storage Wars
• BiggerPockets Forums

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The Millionaire Next Door by Thomas J. Stanley

Tweetable Topics:

• “The more people you network with, the greater your chance to succeed as a real estate investor.” (Tweet This!)
• “I try to negotiate with park owners because what’s in their benefit is my benefit too.” (Tweet This!)
• “It’s very difficult to do things the correct way, by the book.” (Tweet This!)

Connect with Justin

• Justin’s BiggerPockets Profile
• Justin’s Company Website
• Justin’s Facebook

Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the BiggerPockets Podcast, we’re talking about myths. No, not about Sasquatch, elves, or the abominable snowman. We’re talking about real estate myths that might be holding YOU back from greatness! We’re excited to bring back Chris Clothier, a seasoned investor and business owner who shares stories from his own experiences to help you achieve new levels of success. Don’t miss one second of this incredibly powerful and actionable podcast!

In This Episode We Cover:

• Who is Chris Clothier?
• What got him into real estate?
• Getting to the top 50 Home Buyers
• Five Real Estate Investment Myths
• Myth 1: Don’t work with family
• Myth 2: Past performance is a reliable predictor for future investments
• Myth 3: Investing in real estate is a big time sink
• Myth 4: You should only invest locally
• Myth 5: You should avoid risk at all cost
• Five specific scenarios that are risky and how Chris would handle them
• Learn an amazing tip when closing a deal!
• How not to get ripped off by a property management company
• And SO much more!

Links from the Show

• BP Podcast 026: Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier
• RealtyTrac
• BP Podcast 005: Dealing with Death – A Financial Discussion with CFP Neal Frankle
• 20 Questions To Ask Before Hiring Rental Property Management
• How To Train A Property Management Company
• BiggerPockets Webinar
• BiggerPockets Forums
• BiggerPockets Marketplace

Books Mentioned in this Show

• Make It BIG!: 49 Secrets for Building a Life of Extreme Success by Frank E. McKinney
• Scaling Up: How a Few Companies Make It…and Why the Rest Don’t (Rockefeller Habits 2.0) by Verne Harnish
• Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek

Tweetable Topics:

• “You don’t have a job for everyone.” (Tweet This!)
• “In any partnership there should be clear lines, clear boundaries, and clear respect.” (Tweet This!)
• “A lot of investors look to go out of area first because they don’t understand real estate.” (Tweet This!)
• “There maybe more risk with a lower cost investment, than higher cost investment.” (Tweet This!)
• “Our fear of losing money is greater than our desire to earn.” (Tweet This!)
• “Risk is all about assessing the good and the bad of making the decision or not making the decision.” (Tweet This!)
• “For investors, risk is not a bad thing.” (Tweet This!)
• “There is no perfect time.” (Tweet This!)

Connect with Chris

• Chris’ Company Website
• Chris’ BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Podcast, learn how to build an incredibly successful real estate business using the “IDEAL” system. Andrew and Phillip Syrios have built an incredible rental property business in just a few short years and today they’ll share all their best tips so you can do the same. Discover the truth about property management, getting dirty, working with family, rentals, flips, and more! This episode is destined to become one of the most talked-about (and fun) episodes in BiggerPockets Podcast history!

In This Episode We Cover:

• How Andrew and Phillip “get things done.”
• How the brothers started in REI
• Flipping 200 houses… impossible?
• How discipline has helped them buy properties
• What “IDEAL” real estate investing is… and why it matters
• The truth about depreciation
• How to find the true value of properties
• Tips for newbies on getting started
• Working with private lenders to fund deals
• The 4 pieces that need to work in order to have a good buy and hold investment
• The most important things to know as a property manager
• Running a family business
• And SO much more.

Links from the Show:

• BP Podcast 117: Maximizing Productivity to Get Things Done with David Allen
• Buy & Hold Real Estate is the Ultimate Investment: Here’s Why (blog)
• How to Buy a Small MultiFamily Property: A Step by Step Case Study
• The BiggerPockets Book on Flipping Houses
• BiggerPockets Forums

Books Mentioned in this Show

• Getting Things Done: The Art of Stress-Free Productivity (revised edition) by David Allen
• Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
• The Book on Estimating Rehab Costs by J. Scott
• The Millionaire Real Estate Investor by Gary Keller
• The Landlord’s Survival Guide by Jeffrey Taylor
• How to Win Friends & Influence People by Dale Carnegie
• Great by Choice by Jim Collins
• Good to Great by Jim Collins

Tweetable Topics:

• “The number of houses you flip is not that much important, the main thing is how much money you made.” (Tweet This!)
• “Grow in a sustainable consistent manner than trying to get from here to there in a snap of a finger.” (Tweet This!)
• “Deferring gratification and being able to see the long run is what buy and hold is.” (Tweet This!)
• “Every property has some sort of value.” (Tweet This!)
• “If you hate working, then nothing’s going to work.” (Tweet This!)
• “You’re only as good as your management.” (Tweet This!)
• “If you’re the property manager, then you should be the good guy and always on their team.” (Tweet This!)
• “Success builds on itself.” (Tweet This!)

Connect with Andrew

• Andrew’s BiggerPockets Profile
• Andrew’s Real Estate Website

Connect with Phillip

• Phillip’s BiggerPockets Profile
• Phillip’s Youtube
• Phillip’s Twitter

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Today on the BiggerPockets Podcast, we’re changing things up and doing something we’ve never done before!

Today we’re bringing you over an hour of actionable advice on exactly how to find real estate deals (even in a hot market,) how to analyze those deals (so you don’t lose money,) and how to finance those deals (even if you have very little cash!)

Don’t miss this exciting and totally different show… a taste of our weekly webinar!

In This Episode We Cover:

• A bit about Mr. Brandon Turner and what he does at BiggerPockets
• Brandon’s first property- bought when he was 21 years old
• How to find an incredible deal, even in a hot market
• Using direct mail to find deals
• Two methods of using Craigslist
• Using the BiggerPockets Marketplace
• Using eviction records to find deals
• How to Analyze Deals, including a demonstration of the BiggerPockets Calculators
• The top 10 mistakes investors make when analyzing deals
• How to Finance a Property
• The different types of loans you can use
• What is Seller Financing?
• Using partnerships to fund deals
• Hard money vs Private money Lenders
• And SO much more!

Links from the Show:

• BiggerPockets Webinar
• BiggerPockets Webinar Replays (for Pro)
• Webinar Replay on the most recent show (only until Monday evening)
• Driving for Dollars Bible (blog post)
• BiggerPockets Marketplace
• LoopNet
• Costar
• #AskBP 008: Tragic Story
• BiggerPockets Analysis Tool
• BiggerPockets Keyword Alerts
• BiggerPockets Meet
• BiggerPockets Pro
• BP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy
• BP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian Burke
• BP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich
• BiggerPockets Forums
• BiggerPockets #AskBP Podcast
• BiggerPockets Calculators

Text to Join the Webinar

Just text “bpwebinar” (without the quotations) to 33444 to join this week’s webinar

Books Mentioned in this Show

• Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
• The ABCs of Real Estate Investing with Ken McElroy

Tweetable Topics:

• “The harder I work, the luckier I seem to get.” (Tweet This!)
• “The cake is cashflow.” (Tweet This!)
• “Do your math even better because having money makes you dangerous.” (Tweet This!)
• “It has nothing to do with intelligence or luck, it has to do with taking action and working hard.” (Tweet This!)

Connect with Brandon

• Brandon’s BiggerPockets Profile

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On today’s episode of the BiggerPockets Podcast, we are excited to introduce you to Graham Mink, a professional hockey player turned real estate investor from the state of Vermont. Graham shares the story of getting his first deal while traveling the world and his journey since that day. You’ll learn how he turned the lessons gained from house hacking into a profitable business managing tenants, being a real estate agent, and subdividing properties.

If you want to invaluable lessons about jumping into real estate investing, scaling your business, the ins and outs of financing your deals — and much more — then take a little time out of your day to hear this inspirational show!

In This Episode We Cover:

• A bit about Graham and his professional hockey career
• What it’s like to transition from professional sports to real estate
• His first property and first tenant, thanks to his father!
• Details on refinancing a property
• What you should know about home equity lines of credit
• What exactly an FHA loan is
• How to use house hacking to create income
• Details on his second deal
• A discussion about the real estate market
• The ins and outs of finding the property that fits what you want to do
• How Graham subdivided a property
• The role BiggerPockets played Graham’s success
• How to execute a seller-financed deal
• The pros and cons of getting real estate license
• And SO much more!

Links from the Show:

• BiggerPockets is hiring!
• BiggerPockets Webinar Replays (for Pro)
• How to “Hack” Your Housing and Get Paid to Live for Free
• The Real Estate Market: How to Analyze and Predict Cycles
• The Real Key to Success is Cheating. Here’s How (and Why) To Cheat…
• BiggerPockets Podcast Show 118 with Grant Cardone
• BiggerPockets Forums
• BiggerPockets Calculators

Books Mentioned in this Show

• The Book on Flipping Houses by J Scott
• Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
• Landlording on Auto-Pilot by Mike Butler
• Think and Grow Rich by Napoleon Hill

Tweetable Topics:

• “The one who pumps out slow and steady kind of wins the race.” (Tweet This!)
• “If you’re not making money, you’re not making money.” (Tweet This!)
• “Get your license, find a mentor… scrub toilets if you have to.” (Tweet This!)
• “Walk before you run.” (Tweet This!)
• “Everybody’s got some kind of advantage.” (Tweet This!)
• “When you seen an opportunity that you lose, it opens the door for something else.” (Tweet This!)

Connect with Graham

• Graham’s BiggerPockets Profile
• Graham Mink’s Wikipedia Page
• Graham’s Twitter
• Graham’s LinkedIn

Learn more about your ad choices. Visit megaphone.fm/adchoices

The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through and make a purchase.

When getting started, should you go BIG or go small? On this episode of the BiggerPockets Podcast, learn how Himanshu Jain got started investing in real estate by buying BOTH a condo and a 20-unit apartment complex. Discover the lessons Himanshu learned in the process, as well as the pros and cons of each. Additionally, the discussion on property management is going to blow you away — especially when you learn why Himanshu uses not one but THREE different property managers to look after his portfolio.

Whether you want to diversify your real estate portfolio or you’re just interested in different forms of investing, check out this fascinating, innovative episode!

In This Episode We Cover:

• How Himanshu got started with real estate investing
• The pros and cons of getting a vacation rental as a first property
• How he branched out into condo units
• What exactly corporate housing is
• Opinions on Homeowners Associations
• How he made the big jump to multifamily
• How to use another business to finance your next deal
• Why exit strategy matters to Himanshu
• The ins and outs of having multiple property managers
• Tips on marketing multifamily units
• How Himanshu finds properties
• How he dealt with “unusual activity” in his multifamily unit
• Why he became a real estate agent
• And SO much more!

Links from the Show:

• VRBO
• HomeAway
• FlipKey
• HomeSearch (sponsor)
• Podio (sponsor)

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Blue Ocean Strategy by W. Chan Kim
• The 10X Rule by Grant Cardone

Tweetable Topics:

• “Buy with the end in mind.” (Tweet This!)
• “Nobody will ever take as good a care when it comes to properties as yourself.” (Tweet This!)

Connect with Himanshu

• Himanshu’s Website
• Himanshu’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate entrepreneurs are busy people… but this doesn’t have to mean getting overwhelmed! In this episode of the BiggerPockets Podcast, we sit down with world-famous productivity author David Allen to learn tips and tricks for getting more things done in your life. You’ll learn how to accomplish more things, in less time, with less stress using the Getting Things Done (GTD) system. This show will inspire and encourage you to do even more in your business.

Whether you’re just starting out as an entrepreneur, or you just want to run your business more effectively and seamlessly, you’ll definitely get something valuable out of this episode!

In This Episode We Cover:

• David Allen’s backstory
• The two elements of self management you should know
• What hats you should learn to wear
• Areas in life you need to make sure you’re keeping an eye on
• How to keep yourself oriented in the right direction
• What exactly an “external brain” is and how to build it
• What you need to know about Getting Things Done
• Important notes on research and development
• The 5 steps of the GTD system
• The big question: What is the next actionable step?
• The ins and outs of the 2-minute rule
• The importance of making a mess
• And SO much more!

Books Mentioned in this Show

• Getting Things Done: The Art of Stress-Free Productivity (revised edition) by David Allen
• The Organized Mind: Thinking Straight in the Age of Information Overload by Daniel J. Levitin
• BrainChains by Dr Theo Compernolle

Tweetable Topics:

• “You need to make sure you have the map, but you’ve got to have a good map with all the right data on it.” (Tweet This!)
• “It’s terrible to go play soccer without a goal.” (Tweet This!)
• “If you can take the action step in two minutes or less, do it right then.” (Tweet This!)
• “You’re going to learn more doing it than reading a book.” (Tweet This!)
• “The core key in getting in control and focused is the weekly review.” (Tweet This!)
• “If you don’t spend any time on reviewing, you will just go fumble around and be driven by the latest and loudest.” (Tweet This!)
• “You’re most creative when you have a space to make a mess.” (Tweet This!)
• “Your head is for having ideas, not for holding them.” (Tweet This!)

Connect with David

• David’s Website

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On this episode of the BiggerPockets Podcast, learn what it took for Nasar Elarabi to quit his dead-end job and become a full time wholesaler, flipper, and landlord. Tune in for discussions covering how he funds his deals, what makes him a better landlord, and why he’s tried his hand at many avenues of real estate. In this not only informative, but also wildly entertaining episode, Nasar shares his tales of success and the failures that helped him learn — including the first flip he ever undertook (that turned out to be disastrous).

This show is packed with a heavy dose of motivation and miles of actionable content, so don’t waste another minute. Just hit “play!”

In This Episode We Cover:

• How Nasar got into real estate 
• The story of how he got it all wrong with his first flip
• What he learned from those mistakes
• How he shifted to buy & hold properties
• What you should know about debt to income ratios
• How Nasar funds his deals
• How he became “too stupid to quit“
• Why he shifted once again to wholesaling
• What makes him a better landlord now
• Interesting information on owner financing
• How to know when to quit your job
• The ins and outs of achieving a “slam dunk deal“
• The importance of working with the right people
• What exactly code enforcement leads and delinquent tax leads are
• What makes him different from other investors
• And SO much more.

Links from the Show:

• BiggerPockets Forums: Success Stories
• Forum Thread about the Danger of Wholesaling
• Is Real Estate Wholesaling Illegal?
• BiggerPockets Webinar Replay
• Agent’s Guide
• BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing
• 99Designs
• BiggerPockets Podcast Show 100
• BiggerPockets’ Facebook
• BiggerPockets’ Twitter

Books Mentioned in this Show

• Think and Grow Rich by Napoleon Hill
• Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
• You Can Make It Happen: A Nine Step Plan for Success by Stedman Graham

Tweetable Topics:

• “Slow down and learn to focus on that one thing that you want.” (Tweet This!)
• “Just because you own four houses does not make you a real estate expert.” (Tweet This!)
• “Sometimes you’ve got to jump off the roof and get your wings on your way down.” (Tweet This!)
• “You’re going to learn more doing it than reading a book.” (Tweet This!)

Connect with Nasar

• Nasar’s Website
• Nasar’s BiggerPockets Profile
• Nasar’s Youtube
• Nasar’s Facebook
• Nasar’s Twitter

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Have you ever wanted to invest in apartment complexes, but were unsure how to start?

That’s the topic of today’s BiggerPockets Podcast episode, where we sit down with apartment complex investor Jeff Greenberg. Jeff shares a ton of actionable advice on how to analyze, find, and finance larger multifamily investment properties! If you want to benefit from the big potential profits this kind of real estate investing can offer, don’t miss out on this informative episode.

In This Episode We Cover:

• The details of Jeff’s first deal
• How best to fund a commercial property
• What exactly portfolio lending is
• How to start out with no experience
• Why professionalism works in real estate
• What you need to know about LOIs
• Why building relationships matters to your success
• The importance of having a mentor
• How to evaluate a commercial property
• Tips on forming the team you need to start investing
• Jeff’s methods for finding great deals
• Mistakes he made during the course of his career
• And SO much more!

Links from the Show:

• Trivia Email
• BiggerPocket’s News
• LoopNet
• BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing
• 99Designs
• BiggerPockets Forums

Books Mentioned in this Show

• The E-Myth Revisited by Michael E. Gerber
• Rich Dad Poor Dad by Robert T. Kiyosaki
• Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki

Connect with Jeff

• Jeff’s Website
• Jeff’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever been on vacation and thought, it sure would be nice to own some property down here? Well, that’s the subject of today’s podcast, as we speak with vacation rental property owner Scott Sutherland about how he’s built a profitable business owning and managing his vacation rental properties.

You’ll learn the step by step process for finding potential properties and analyzing them for profitability, as well as financing ideas and tips on managing the short-term renters. Whether you’re already in this real estate niche or you want to get your foot in the door, we’re confident you’ll get some new insight here. Don’t miss this exciting episode!

In This Episode We Cover:

• How Scott got started in real estate investing
• His story of taking time off
• Thoughts on choosing between stocks and real estate
• The concept of control in real estate
• How to get into the niche of vacation rentals
• Strategies for properties that don’t typically cash flow
• What exactly a vacation rental entails
• The ins and outs of vacation rentals, including pros and cons
• How to market your rental property
• What you should know about tenant screening on vacation rentals
• And SO much more!

Links from the Show:

• Trivia Email
• Brandon’s Forum Post on Vacation Rentals
• BiggerPockets Forums
• Evicting Renter from a Vacation Rental Property
• BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down
• HomeAway
• VRBO
• AirBNB
• alexa.com
• 99Designs

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert T. Kiyosaki
• The 4-Hour Workweek by Timothy Ferriss

Connect with Scott

• Scott’s Website
• Scott’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast we’re excited to bring you another fantastic interview by one of the most successful real estate authors in America.

Jay Papasan is best known to this audience as the co-author of The Millionaire Real Estate Investor (co-written with Gary Keller) which has been our top-recommended real estate book here from BiggerPockets Podcast guests. He also co-authored The Millionaire Real Estate Agent and collaborated on the best selling book FLIP and HOLD. Most recently, Jay is the co-author of The One Thing, which Brandon recently featured as the number one book on his list of the business books that changed his life in 2014.

Jay is also a savvy real estate investor, and he shares his incredible story and strategy with us today!

In This Episode We Cover:

• How Jay got started writing real estate books
• Why real estate agents don’t invest themselves
• How to adopt an investor mindset
• The habits real estate investors hold
• How to do the math when looking at properties
• Insight into The Millionaire Real Estate Investor
• Clever methods for finding deals
• What you should know about “The Domino Effect“
• And SO much more!

Links from the Show:

• BiggerPockets T-shirt
• BiggerPockets Tools for Analysis
• BiggerPockets Podcast Show 105 with Ophelia Nicholson
• BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down

Books Mentioned in this Show

• The Millionaire Real Estate Investor by Gary Keller
• The Millionaire Real Estate Agent: It’s Not About the Money…It’s About Being the Best You Can Be! by Gary Keller
• The Book on Flipping Houses by Mr. J Scott
• The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller
• Good to Great: Why Some Companies Make the Leap…And Others Don’t by Jim Collins
• The Millionaire Next Door by Thomas J. Stanley
• The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach
• Body for Life: 12 Weeks to Mental and Physical Strength by Bill Phillips
• Go For the Goal by Mia Hamm
• Rich Habits – The Daily Success Habits of Wealthy Individuals by Thomas C. Corley
• Rich Dad Poor Dad by Robert T. Kiyosaki
• The 4-Hour Workweek by Timothy Ferriss
• The Lean Startup by Eric Ries
• The Richest Man in Babylon by George S. Clason
• Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki
• Managing Oneself by Peter Ferdinand Drucker

Tweetable Topics:

• “Start looking at the world as an opportunity.” (Tweet This!)
• “Every house is a surprise.” (Tweet This!)
• “I’d always rather miss 5 or 6 good ones rather than buy one bad one.” (Tweet This!)
• “I’d rather have fewer roofs to manage but have more net worth and cash flow over time.” (Tweet This!)
• “Achievers have a clear sense of priority.” (Tweet This!)
• “Action is how you make progress in life.” (Tweet This!)
• “If I just teach him one thing, where do I begin that has the most impactful way for me to line up my life?” (Tweet This!)
• “You figure out what your focus should be and act that way all the time.” (Tweet This!)
• “The best way to learn something is to teach it.” (Tweet This!)

Connect with Jay

• Jay’s Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get ready for another incredible episode of the BiggerPockets Podcast! On today’s show we talk with real estate investor and property manager Mark Updegraff about buying homes from little old ladies, managing tenants with less stress — and who has the bigger beard: Brandon or Mark.

If you want to learn about developing a buying criteria, how to get great leads through BiggerPockets, the “extra step” you should most definitely take while screening tenants, and a whole lot more, then don’t miss out on this entertaining show!

In This Episode We Cover:

• What everyone should know about growing beards
• How Mark got started in real estate
• How to find a 100 percent value neighborhood
• Perspectives on Section 8 and slumlords
• The “extra step” you should perform during tenant screening
• Lessons learned from Mark’s very own property management business
• Clever methods for finding deals
• How Mark get leads through BiggerPockets
• Mark’s take on real estate agents
• How to develop a solid buying criteria
• Thoughts on get-rich-quick schemes when it comes to real estate
• And SO much more!

Links from the Show:

• Trivia Email
• 100 Day Challenge
• BiggerPockets Webinar Replay (Pro benefit)
• BiggerPockets Plus and Pro Accounts
• Cheesy Eddie’s
• Zillow
• Trulia
• BiggerPockets Podcast Show 83 with Marcia Maynard
• BiggerPockets Forums
• BiggerPockets Meet
• Google Drive
• BiggerPockets Podcast Show 111
• BiggerPockets Webinar
• BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down

Books Mentioned in this Show

• How We Bought a 24-Unit Apartment Building for (Almost) No Money Down: A BiggerPockets QuickTip Book
• The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone
• The Book on Flipping Houses by Mr. J Scott
• The Fountainhead by Ayn Rand
• The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters by Gregory Zuckerman

Tweetable Topics:

• “We go through our policies up front so they know that we take our business seriously.” Share on Twitter
• “I’m not trying to sell people things that I don’t agree with.” Share on Twitter
• “The secret to why I’ve been so successful is that I don’t screw around.” Share on Twitter
• “The first person to establish a relationship to the other agent has an upper hand when it comes to closing the deal.” Share on Twitter
• “Your net worth is in your network.” Share on Twitter

Connect with Mark

• Mark’s Website
• Mark’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Podcast, we dig into a real estate niche that, until today, you’ve probably never considered. However, after listening to this entertaining and informative show with guest Jefferson Lilly, we think you’ll be a believer! Join us as we dive into the world of mobile home parks, and learn numerous reasons why a park might be a better investment than either single family or multifamily real estate.

Whether you’re looking for a great, low-barrier first time real estate niche to invest in, or you’re simply looking to expand your growing portfolio — don’t miss out on wealth of knowledge covered in this episode!

In This Episode We Cover:

• How Jefferson got started with value investing
• Why you should emulate Warren Buffet
• How he began investing in mobile home parks
• What you should know about the views on mobile homes in America
• Insight on helping people move from one asset class to the next
• The ins and outs of how investing in mobile home parks works
• How Jefferson got a half million dollar line of credit
• How he got a 50% increase in the affordable housing program
• Discussions on income streams for mobile home parks
• What you need to know about LLCs for mobile home investing
• How to find value in a mobile home
• A great explanation of “cap rate“
• The essential duties of a park manager
• How Jefferson raised funds for his investing
• Why you should use outsourcing & streamlining to manage your business
• And SO much more!

Links from the Show:

• Trivia Email
• BiggerPockets Calculator Suites
• TulsaEstatesMHP Website
• BiggerPockets Forums
• BiggerPockets Blog
• Craigslist
• ParkStreetPartners Fund
• Odesk.com
• Elance.com
• Dropbox
• SquareSpace
• Stripe.com

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Tweetable Topics:

• “A key point is the ability to think broadly and use OPM — other people’s money.” Share on Twitter
• “It’s about helping people moving from one asset class to the next.” Share on Twitter

Connect with Jefferson

• Jefferson’s Main Website
• LillyandCompany

Learn more about your ad choices. Visit megaphone.fm/adchoices