Wealthy Way David Greene Reveals Why He Was Fired By Bigger Pockets & How He Almost Lost EVERYTHING
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Aug 29, 2024 
David Greene, a seasoned real estate expert and former host of the BiggerPockets podcast, shares his rollercoaster journey in real estate and entrepreneurship. He opens up about the challenges he faced after being fired, including navigating financial pitfalls and the emotional toll of loss. David emphasizes the importance of building a resilient personal brand and adapting business strategies in tough markets. With actionable advice, he encourages listeners to view long-term investments as key to wealth-building.
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Title Theft and Property Damage
- David Greene recounts losing 40 Florida properties to title theft, despite catching and convicting the thief.
- The properties became severely damaged, forcing a sale to a hedge fund at a loss, a financially catastrophic event.
1031 Exchange and Dishonest Agent
- A rushed 1031 exchange led Greene to buy properties through a dishonest agent who added hidden contract clauses.
- The agent mismanaged the properties, leading to poor reviews and financial losses, and then threatened a lawsuit.
Permitting Issues and City Obstacles
- Greene bought properties, applied for permits, and then faced unexpected issues with unpermitted work done by previous owners.
- Cities exploited this to hinder short-term rentals, costing him hundreds of thousands of dollars with no legal recourse.