BiggerPockets Real Estate Podcast

Max Maxwell, a serial entrepreneur and real estate mogul recently featured in Vogue and GQ, shares his inspiring journey from being broke at 30 to becoming a millionaire at 33. He discusses how he overcame financial struggles and multiple failed ventures to master wholesaling and rental property investing. Max reveals strategies for starting in real estate without funds, emphasizes the importance of spotting good deals, and candidly talks about the sacrifices necessary for success, all while maintaining a philanthropic spirit.

Nasar El-Arabi is a self-proclaimed “failure” when it comes to being employed. He wasn’t cut out for the banking industry, the call center, or the classroom. Some people aren’t meant to be employed, and Nasar was one of them. As soon as he was able to get his start in real estate investing, he realized that this was a path that could help him succeed, all while challenging him in ways the W2 world didn’t.Nasar has been wholesaling, flipping, and landlording for over a decade. He has amassed a seven-figure net worth, due to his sweat, grind, and problem-solving. Nasar has put together his list of the five most important traits of any successful real estate investor. These traits aren’t what you’d hear at corporate, and they require those who are interested in investing to put in the time, energy, and creativity to thrive.If you’re interested not only in real estate investing, but becoming a full-time investor doing what you love, make sure you pay careful attention to Nasar’s advice. While these aren’t traits you can simply switch on or off overnight, they are things that you can develop over the years you are investing, which can help you build wealth, reach financial freedom, and give you the life you’ve dreamed of.In This Episode We Cover:How to invest in real estate while making a median income Diversifying your portfolio so you have multiple exit strategies and streams of incomeWhy every investor needs to “become a rookie all over again”Using creative financing to structure deals that benefit the buyer and sellerLeveraging partnerships to find cash, divvy up responsibilities, and purchase more real estateOwning a business and learning the skills that every leader needs to succeedAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets PublishingBiggerPockets BookstoreBrandon's InstagramDavid’s InstagramBiggerPockets Podcast 116: How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar ElarabiBiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash ComingBiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal NewportClick here to check the full show notes: https://www.biggerpockets.com/show522 Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeffrey Holst, a resilient real estate investor from Chattanooga, shares his remarkable journey from overcoming leukemia and bankruptcy to amassing a portfolio of 250 units in just seven years. He discusses the philosophy of having 'no bad days' and how embracing positivity transformed his challenges into opportunities. Jeffrey elaborates on innovative financing strategies and his 'sideways eight' approach that maximizes returns while benefiting partners. His story is a powerful reminder that adversity can fuel success in the world of real estate.

Join Rafael Loza, a real estate investor who transitioned from a night shift job to mastering rental arbitrage, as he shares his journey to managing 24 short-term rental units. He reveals how rental arbitrage allows low entry costs into real estate investing while providing significant cash flow. Discover the art of pitching landlords, the challenge of adapting during the pandemic, and strategic pivots that led to success. Rafael's story highlights the blend of immediate profits and long-term wealth building in the ever-evolving rental market.

Discover the journey of transforming a modest income into a millionaire’s net worth through real estate. Learn from Ashley Kehr's diverse portfolio, which includes long-term rentals, commercial units, and creative strategies like partnerships and unique financing. The conversation emphasizes the importance of continual learning, diversifying income streams, and networking, particularly for women in the industry. Plus, get actionable insights on how to start your real estate journey and build a self-sustaining business.

Amidst the vibrant backdrop of Bourbon Street, the hosts share exhilarating takeaways from a major real estate conference. They discuss strategies for thriving in today’s market, the importance of continuous education, and how to build valuable connections with fellow investors. Insights into future market trends and features of successful investors provide listeners with a roadmap for wealth-building. The episode also emphasizes the significance of self-care and networking, while engaging stories enhance the excitement of real estate journeys.

Avery Carl, a real estate investor with expertise in short-term rentals, shares her insights after growing her portfolio from 20 to 96 properties. She discusses why short-term rentals can diversify an investment portfolio and identifies five common pitfalls to avoid when making your first purchase. Avery emphasizes the importance of asking the right questions and the benefits of having expert guidance. Plus, she shares quirky advice on 'bear-proofing' cabins. Don't miss her new book for more valuable strategies!

Rashad Bilal and Troy Millings, co-hosts of Earn Your Leisure, are advocates for financial literacy and have built a media empire focused on educating others. They discuss the critical importance of teaching kids about money to empower them for life. The duo distinguishes between financial assets and liabilities, even extending this concept to personal relationships. Listeners will find inspiring insights about blending practical education with engaging methods, as well as the impact of mentoring and community support on financial success.

Discover how to invest in out-of-state properties with expert insights from seasoned investors. Explore lucrative markets like Tampa and learn to balance cash flow with appreciation. Gain valuable strategies for selecting the right local agents and property managers. Understand key real estate trends influenced by climate, and uncover essential questions to ask when forming partnerships. Whether you're a seasoned pro or just starting out, find out how data-driven choices can lead to investment success.

Ryan Dezember, a Wall Street Journal reporter, shares his expertise on the real estate market and the challenges small landlords face against institutional investors. He discusses how economic shifts, particularly after 2007 and during the pandemic, have empowered hedge funds and private equity in the housing sector. Their strategies often outpace small investors, but Ryan and co-host Dave Meyer provide actionable tips for small landlords to navigate these competitive waters, highlighting the value of local knowledge and personalized service.