BiggerPockets Real Estate Podcast

686: Seven-Figure Flips and Opportunity Zone Investing w/Former NBA Player Evan Turner

Nov 10, 2022

01:17:47

Highlights

AI Chapters

Episode notes

Don't Look at Real Estate as the Escape From the Life You Don'T Like

02:54

REINation.com Slash Invest Better

01:41

Is There a Real Estate Bug in Your Career?

02:45

Introduction

4min

BiggerPockets Podcast - Evan Turner

3min

The NBA

2min

Is There a Real Estate Bug in Your Career?

3min

What Was Your First Big Change?

4min

What Is Your First Real Estate Deal?

2min

Investing in Real Estate in Columbus, OH

2min

Basketball

4min

Getting Exposure to More Stuff

4min

10.

Is Your Words Telling You What You Want?

3min

11.

What Are Your Goals in Real Estate?

3min

12.

REINation.com Slash Invest Better

2min

13.

Simply Save Home Security - 50% Off Your New Security System

4min

14.

Investing in Opportunity Zones

3min

15.

You Know, I'm Doing a Lot of Development Right Now, Right?

3min

16.

How I Found Breish Creek Golf Course

3min

17.

Investing in a Crib

6min

18.

Real Estate Is All a Journey

2min

19.

How to Overcome the Fear of Making a Mistake

4min

20.

Don't Look at Real Estate as the Escape From the Life You Don'T Like

3min

21.

You Know What I'm Doing Right?

4min

22.

You're a Sports Guy, Right?

2min

23.

You Know, I'm Never People That Win

5min

24.

Rob Built, Where's Your Best Content?

3min

House flips, opportunity zone investing, student housing—name a real estate strategy, Evan Turner, former NBA player, has probably done it. Unlike most professional athletes, Evan left the league with more assets than at the peak of his career. He was buying real estate, building homes, and making moves while working a grueling six days a week schedule, knowing that he had to use this opportunity to build something that went far beyond basketball.

Evan grew up in the inner city with a single parent. The realities of struggling for money were all too real for him when he got hit with millions of dollars in his early 20s. He struggled to spend any money for the first few years of his NBA career, which led him to have a surplus that he used in all the right ways. Relying on NBA veterans around him, Evan knew that to build wealth, he needed to up his assets. The most tangible thing he could think of investing in? Real estate.

Now, with many deals under his belt, Evan has become proficient in almost every aspect of buying, funding, and profiting on a real estate deal. He, like many other investors, is seen as lucky for buying consistently throughout the past decade. But Evan knows that the rewards he reaps today came from smart decisions he made years ago. Now, even after he’s out of the game, Evan is still able to bring in seven-figure paychecks. But this time, thanks to smart strategizing, he’ll get to keep most of it.

In This Episode We Cover:

Making the money mindset shift that allows you to build wealth while others waste their resources

Opportunity zone investing and using real estate to revitalize urban communities

Evan’s unbelievable seven-figure fix and flip vacation home deal

Why the first investment property matters most and how to ensure you turn a profit with no experience

Building your real estate team and why everyone needs to network

Taking the “luck” out of investing and why consistency beats timing every time

And So Much More!

Links from the Show

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