Maximizing Efficiency in Real Estate Investing

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

In This Episode We Cover:

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

Links from the Show

• BiggerPockets Forums
• BiggerPockets Bookstore
• Duolingo
• Alibaba
• BP Podcast 213: Investing in Real Estate Without Being a Landlord with Noah Kagan
• BP Podcast 245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday
• The Summit Conference
• Headspace
• Tim Ferriss Show: Jocko Willink’s Episode
• Tim Ferriss Show: Jamie Foxx Episode
• Nuzzel
• Moment App
• Rescue Time App
• Freedom Time App
• Fiverr
• Tim Ferriss: BJ Miller’s Episode
• 99Designs
• Duodie on Instagram

Books Mentioned in this Show

• Set for Life by Scott Trench
• The Book on Rental Property Investing by Brandon Turner
• The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han
• The Book on Flipping Houses by J. Scott
• Finding and Funding Great Deals by Anson Young
• The 4-Hour Work Week by Timothy Ferriss
• The 4 Hour Body by Timothy Ferriss
• The 4-Hour Chef by Timothy Ferriss
• Tools of Titans by Timothy Ferriss
• Tribe of Mentors by Timothy Ferriss
• Young Millionaires by Rieva Lesonsky
• Man’s Search for Meaning by Viktor Frankl
• Poor Charlie’s Almanack by Charles T. Munger
• The Better Angels of our Nature by Steven Pinker
• Principles by Ray Dalio
• Warren Buffett Speaks by Janet Lowe
• Richest Man in Babylon by
• The Radical Acceptance by Tara Brock
• Berkshire Hathaway Letters to Shareholders
• More Money Than God by Sebastian Mallaby
• Liar’s Poker by Michael Lewis
• Lifeonaire by Steve Cook
• Rich Dad Poor Dad by Robert Kiyosaki

Tweetable Topics:

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

Connect with Tim

• Tim’s Website and Podcast Page
• Tribe of Mentors

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