BiggerPockets Real Estate Podcast

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 ShawnShawn’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