BiggerPockets Real Estate Podcast

Gino Wickman, a renowned author of best-sellers like "Traction" and creator of the Entrepreneurial Operating System (EOS), reveals his secrets to achieving an ideal life. He discusses five key principles for fulfillment: doing what you love with people you love, making a difference, being fairly compensated, and having time for passions. Gino emphasizes the importance of embracing risk to unlock rewards and shares practical tools for entrepreneurs to focus on high-value tasks while enhancing their work-life balance. His insights are invaluable for anyone looking to boost productivity and happiness.

Billy Dha Kidd is better known for his rapping than his real estate skills, but both careers are worth celebrating. Billy’s early life was anything but comfortable — growing up in El Salvador, he was used to no running water and no electricity. He likes to say that he didn’t start at zero but started at negative one-hundred. Billy’s family immigrated to the United States when he was 10 years old, moving first to California and then later to Nebraska.As a teenager, Billy began rapping as a way for him to express himself but found he loved the craft. Rapping allowed Billy to fill his time with something positive, instead of taking the wrong path many of his friends were on. His rap taught him sales skills, business skills, how taxes work, and most importantly, how to make money.Reading stories of generational wealth, Billy was compelled to start investing in real estate. He got his first deal, learned a lot about the BRRRR strategy, and continued to put his knowledge to work. Now, he’s sitting on twenty-two doors between eighteen different properties. He gives credit to simply taking responsibility for his outcomes, instead of blaming others or the system around him.In This Episode We Cover:Building wealth even if you started with a disadvantageDeveloping sales skills and using them when buying and selling propertiesGenerational wealth and why it means more than just getting richFinding deals both on and off-market for the BRRRR strategyThe biggest hurdles that come with owning a large rental portfolio Creating a sellable, scalable business so you work less and make moreAnd So Much More!Links from the Show:BiggerPocket's Ultimate Beginner's Guide to Real Estate InvestingOpen Door CapitalBiggerPockets Podcast 537: 10 Best Books for Real Estate, Health, and WealthBrandon Turner's InstagramUniversal Music GroupMyspaceMLS (Multiple Listing Service)ZillowRealtorWells Fargo BankChase BankThe One Brokerage - The David Greene lending teamCheck the full show notes here: http://biggerpockets.com/show542 Learn more about your ad choices. Visit megaphone.fm/adchoices

Will inflation sink real estate? Is Zillow out of the iBuyer game? And why does my cash offer mean less than it did last year? Dave Meyer, VP of Data and Analytics at BiggerPockets, has heard your questions through BiggerPockets forum posts, YouTube videos, and on Instagram. This data-loving sandwich connoisseur is back to walk you through the biggest stories in real estate.As incredible as Zillow Offers was, it looks like it won’t be around any longer (at least for a while) since having a half a billion-dollar loss in Q3 of 2021. With Zillow’s exit from the iBuyer and flipping market, other big players like Opendoor and Offerpad have come in to fill the gap. But, what about the new “Power Buyers” in the market? Will they help or hurt real estate investors?We’ve also seen a run-up in inflation over this past year, causing home prices to artificially soar (especially when paired with low interest rates). So what is the best move for a real estate investor to make in today’s market? Take advantage of low-interest mortgages and all-time high rent prices, or wait for a supposed housing market crash or correction?In This Episode We Cover:Why Zillow cut their losses and exited the iBuying arenaThe new “Power Buyers” in the housing market and how they could help investors like youWhat a 30-year high inflation rate means for asset pricesHow to take advantage of record-low interest rates for long-term cash flowThe cities in the US with the highest growing rent prices What to look for in a rental depending on your estimated retirement ageAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelZillowiBuyerOpendoorOfferpadRedfinBiggerPockets Podcast 480: Making $200k a Month After Being on the Verge of BankruptcyKnock.comOrchardHomewardBand ProtocolCheck the full show notes here: http://biggerpockets.com/show541 Learn more about your ad choices. Visit megaphone.fm/adchoices

Whitney Sewell, a former police officer turned successful real estate investor, shares his incredible journey of amassing over $300 million in assets within just three years. He emphasizes the importance of automating processes to achieve both financial freedom and quality family time. Networking played a crucial role in his success, and he creatively flipped limiting beliefs to tackle big deals. Whitney also discusses how faith and a mission to help children drive his wealth accumulation, blending professional success with personal purpose.

Brandon Turner, a multifamily and rental property expert, shares essential strategies for aspiring real estate investors. He discusses overcoming initial roadblocks and emphasizes the power of taking consistent action to secure your first investment. Turner explains why early deals are crucial for building a successful portfolio and provides tips for quickly analyzing rental properties. He also highlights the importance of a sustainable business model and the benefits of utilizing resources like BiggerPockets Pro for smarter investment decisions.

Katie Neason, a seasoned real estate investor known for her expertise in flipping and mixed-use development, shares her transformative journey from struggling with subsidized rentals to discovering her true passion. She discusses the importance of finding the right real estate niche and the vital lessons learned from trial and error. Katie reveals the intricacies of revitalizing downtown spaces and the art of negotiating deals while working collaboratively with city planners. Her story inspires listeners to pursue investments that spark joy and creativity.

The hosts dive into their top ten influential books that shape paths in real estate, health, and wealth. They discuss how these reads can shift perspectives on life and investing, emphasizing personal growth and effective communication. Exploring the importance of collaboration over solo efforts, they illustrate how teamwork enhances success. Additionally, they highlight the impact of taking ownership in leadership and relationships. The conversation is packed with personal anecdotes and a treasure trove of book recommendations for every investor.

In this episode, listeners explore the challenges of feeling 'stuck' in real estate investing. Topics include overcoming control issues when scaling up, and balancing professional commitments with family life. The importance of building organic relationships with sellers is emphasized, along with innovative strategies for managing outreach and networking. Insights on confidence, focus, and adopting a strategic mindset reveal how to navigate the complexity of the real estate landscape. Join the discussion to uncover ways to move forward and expand your portfolio!

Carla Holmes, a seasoned real estate investor new to commercial properties, joins the show to discuss her latest venture: converting a 4.5-acre lot into a parking space for big rigs. She navigates the complexities of her investment with expert guidance on analyzing property income and expenses. The conversation dives into the advantages of leveraging debt, strategic timing for refinancing versus selling, and overcoming the fears that come from prior financial setbacks. Carla's cautious yet innovative approach to real estate is sure to inspire budding investors.

In this engaging discussion, listeners explore whether to invest in real estate now or wait for a market cooldown. Insights are shared on comparing in-state versus out-of-state investments and balancing cash flow with appreciation. The importance of analyzing deals beyond just data is emphasized. Listeners learn about systematizing deal flow with modern tools and how to effectively leverage financing options. The conversation also touches on strategic planning for transitioning to a real estate career and optimizing investment strategies.