BiggerPockets Real Estate Podcast

A lot of people make good income from their jobs, but few are able to turn that income into lasting, generational wealth. That’s why we’re super pumped to bring you this interview with professional football player Ryan Broyles. Ryan shares the strategies he used to turn the money made from football into rental properties that will provide for his future for decades to come. Ryan candidly talks about the creative strategies he’s used to pull off some impressive deals, the keys to working with partners, living life on a budget, and more. This episode is bound to change your outlook on investing, whether you are a football fan or not!In This Episode We Cover: Who Ryan Broyles is A mandatory discussion on the NFL (and the Broncos!) Why he got into real estate investing Ryan’s first deals What exactly “legacy income” is How to avoid bankruptcy after a career Thoughts on lobbying for the rookie symposium How to know if you can trust a potential partner How to do your homework when investing with a partner What it was like when he was a first-time landlord Why you shouldn’t overthink making deals How Ryan manages via an LLC What you should know about bulk deals How he buys houses Why you should mix cash flow and appreciation The importance of continuous learning A micro way of thinking about budgeting A discussion on living within your means A look at Ryan’s blueprint What to do when you reach your goals Why you should have a “unit perspective” in real estate What Ryan’s long term plan looks like And SO much more! Links from the Show Josh’s Twitter BiggerPockets Forums BiggerPockets Twitter Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki Investing For Dummies by Eric Tyson Tweetable Topics: “You can keep exploring real estate your whole life.” (Tweet This!) “If I don’t get the best deals, I’m not going to take them because I’m already where I want to be.” (Tweet This!) Connect with Ryan Ryan’s Website Ryan’s Twitter Ryan’s Facebook Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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

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

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 HalHal’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

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 MarkMark’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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

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