BiggerPockets Real Estate Podcast

From panicked newbie with just $1,000 saved to 40 rental units—in two years’ time!On today’s show, we sit down with Henry Washington, a buy and hold investor from Arkansas who’s built a sizable portfolio while working full-time.You’ll learn how Henry changed his mindset as he and his wife prepared to start a family and how he secured his first deal by doing something anyone can do—simply announcing to the world that he buys houses.You’ll also learn how Henry built a deal pipeline by looking in places other investors didn’t, how he asked more experienced investors for help when he didn’t know what to do next, and how he does business with local banks to expand his portfolio.Plus, Brandon and David dig into how to property screen tenants, how to decide when to flip or BRRRR vs. when to hold onto a rental, and how to use an online ad campaign to drive a steady supply of leads to your website.This episode lays out a blueprint for building massive wealth. Just adapt it to your market, and work the process.Don’t miss this one, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss the next!In This Episode We Cover: How “panic” drove Henry to start saving and investing How he started his investment career by simply “paying himself first” The list he used for his first (wildly successful) direct mail campaign The lessons he, Brandon, and David took away from Rich Dad Poor Dad Why he told people he bought properties (before he ever did!) Why writing down his fears helps him conquer them How he sought help from a more experienced investor on his first deal How he used a 401(k) loan to buy a cash-flowing property How he launched a Google Ads campaign to drive traffic to his website The power of small, local banks to fund deals Why he holds open houses rather than individual showings for tenants Why the best real estate investors buy “situations,” not houses And SO much more! Links from the Show BiggerPockets Forums biggerpockets.com/podcastsurvey BiggerPockets Business Podcast 30: How to Guarantee Profit From Day 1 with Mike Michalowicz Google Adwords LeadPropeller Cozy.co Trulia Realtor HotPads Zillow Craigslist BiggerPockets Bookstore BiggerPockets Business Check the full show notes here: http://biggerpockets.com/show366 Learn more about your ad choices. Visit megaphone.fm/adchoices

Ret. Navy SEAL Jocko Willink shares his mindset on embracing discomfort and leading through extreme ownership. He discusses how to apply this mindset to business and real estate investing. Jocko also shares his experiences as a real estate investor, including buying a hoarder house and making sacrifices for financial freedom. Get ready to overcome obstacles and greet your fears head-on with the word 'good'.

Avery Carl, a savvy short-term rental investor, shares her wealth of knowledge on navigating the STR market. She reveals how she manages five properties in under 30 minutes a week using apps and systems. Discover her tips on self-management versus hiring pros, as well as her strategies for effective marketing and handling online reviews. Avery also discusses buying properties with just 10% down and the importance of diversifying investments. Tune in for actionable insights that make short-term rentals profitable and manageable!

Will 2020 be your best year ever?Today’s episode has all the ingredients to make the answer a big, resounding “Yes!”Bestselling author and productivity expert Michael Hyatt is here, and he guides us through how real estate investors should approach the year ahead.You’ll love hearing how Michael’s eliminated virtually everything except his three highest-leverage, revenue-generating activities; how to steer clear of what he calls “drudgery zone” work; and how to find someone who actually enjoys those tasks you can’t stand doing.And if you’re thinking, “Well, I’m not ready for that yet…” Michael has tips for how to get started by delegating just one task.Michael has written extensively about three topics that touch every real estate investor: productivity (Free to Focus), goal-setting (Your Best Year Ever), and delegation (Your World-Class Assistant). Today, we cover them all in-depth.So download this episode, make sure you’re subscribed to the BiggerPockets Real Estate Podcast, and start 2020 right!In This Episode We Cover: How Michael grew his company in a year while taking 162 days off per year How “vague aspirations” set you up for failure Why you’re 42% more likely to achieve your goals if you write them down Why you shouldn’t have more than 3 goals at once The keys to hiring a world-class executive assistant The importance of a detailed, well-thought-out job description The right way to document workflows How to focus on your “Desire Zone” How to offload tasks in the “Drudgery Zone” The difference between goals and projects Why he hired a world-class coach to teach him an obscure hobby And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth Mosley BiggerPockets Podcast 117: Maximizing Productivity to Get Things Done with David Allen BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene Tucker Max BiggerPockets Podcast 245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday Evernote Loom BiggerPockets Pro BiggerPockets Podcast 125: The Key to Business Success with Bestselling Author of The E-Myth Michael Gerber Masterclass BiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal Newport The Tim Ferriss Show How to Make 2020 Your Best Real Estate Year Ever Webinar Check the full show notes here: http://biggerpockets.com/show363 Learn more about your ad choices. Visit megaphone.fm/adchoices

Jay Papasan, co-author of 'The Millionaire Real Estate Investor,' and his wife, Wendy, a top real estate agent, share their expertise on getting partners aligned with real estate goals. They reveal strategies for initiating goal-setting conversations and creating effective retreats. With insights on using a 'not-to-do list' and leveraging time, they offer practical advice for fostering collaboration in both personal and professional realms. Their journey underscores the importance of synchronizing aspirations to enhance relationships and achieve lasting success.

Traveling the world on mobile home cash flow at 26 years of age? Yes, it’s possible!On today’s show, Brandon and David interview Tristan Thomas, a mobile home park investor who parlayed a few thousand dollars into a life of financial freedom.Tristan shares some great info regarding how he chooses his markets to invest in, how he finds deals in those markets, and some of the key differences to holding title to mobile homes compared with traditional real estate.He also shares a fantastic perspective on how using “rent-to-own” financing can eliminate maintenance and repair costs, motivate your tenants to take better care of the property, and help you build wealth with very little of your own money.Tristan is a great example of how to find financial freedom at ANY age and shares exactly how he did it himself! Download this inspirational episode today, and subscribe to the podcast in your favorite app so you won't miss the next show.In This Episode We Cover: How Tristan got into mobile homes How he finds deals in today's market The key differences to holding title to mobile homes compared with traditional real estate How to use “rent-to-own” financing to eliminate maintenance and repairs costs How to motivate your tenants to take better care of the property How to build wealth with very little of your own money Making a 100% return on investment within 12 months His 5 biggest lead generators that are all free The criteria he looks for to find the best mobile home deals Getting into real estate investing for financial freedom And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Podcast Survey BiggerPockets Webinars Josh's Twitter Profile Podcast Survey Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! BiggerPockets Events and Meetups Mobile Home Park Investing Boot Camp BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene Check the full show notes here: http://biggerpockets.com/show361 Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever wanted to invest in real estate but aren’t ready for a full-time commitment? Today’s guest has figured out just how to do so, and she’s sharing it all with you!Stephanie Cabral is a lawyer, real estate agent, and investor out of Connecticut, who has figured out how to make money from residential real estate ownership while working two full-time jobs.On today’s show, Stephanie breaks down how she saved $100K on one deal, developed an automated direct mail system, and successfully used the often-confusing 203k loan program.You’ll love her advice on automation/delegation and investing in single family homes. Plus, she talks about what she looks for in her market, and shares her thoughts on the next big change in real estate in the near future. You’ll also find some great tips regarding managing properties yourself and hiring and using virtual assistants to save you time.Download this one today, and share it with a friend or family member who would benefit!In This Episode We Cover: How Stephanie defines “administrative stamina” How she took out a HELOC on her first property How she got a $100K discount on her first property Why she invests in single family homes How she uses VAs to handle the heavy lifting of her RE business Her theory on automation and delegation How she’s using RE to get out of her legal practice What she looks for in a good assistant What she’s looking for in out-of-state markets How she automated her direct mail system Her advice for managing properties yourself Her thoughts on the next big trend in RE investing over the coming 5-10 years And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Podcast Survey Upwork Podio StrugglingInvestor PayYourRent Cozy OnlineJobs.ph Adobe LinkedIn Brandon's Instagram David's Instagram  Check the full show notes at BiggerPockets: http://biggerpockets.com/show360 Learn more about your ad choices. Visit megaphone.fm/adchoices

You asked for it, and we answered! On today’s episode, Brandon and David interview three first-time home buyers, who all utilized the house hacking strategy in different ways!Our first guest shares how he bought in the most expensive market in the country and lives for FREE by using several techniques anyone can replicate (while taking advantage of a massive value-add opportunity).Our second guests share how they used house hacking to buy a BUSINESS that will generate over $20K in profit per month... while also eliminating the majority of their rehab costs and reducing risks and living expenses at the same time!And our third guest shares how he took advantage of California’s recent ADU law revision to buy a property that will eliminate his living expenses while making him massive cash flow at the same time.This episode covers FAQs—like how to use an agent to help you find a property, how to house hack in unique ways, and what to expect when buying your first property—and is guaranteed to get those wheels turning in your mind! Download this one, and share with a friend today!In This Episode We Cover: Ryan Meinzer How he found the property His unique angle on TIC (tenancy in common) What he intended to do reduce his living expenses How a sliding door turned out to be a blessing What the requirements are to convert a TIC Key lessons learned from this deal Hero and Stephanie Cruz The struggle of finding the right Realtor Finding a property that needs less rehab What is assisted living property How much they earn from each room Making more money to help more people Rob Kishi How Daivd and Rob were introduced during a meetup Why he fell in love with idea of house hacking What the property looks like Investing with Mom What ADU stands for And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore BiggerPockets Network - Find a Real Estate Agent BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! BiggerPockets Podcast 350: How to House Hack Your Way to Financial Freedom in 3 Years with Craig Curelop The Core 4 Members Vital to a Profitable Long-Distance Real Estate Investing Team (blog) BiggerPockets Premium Membership Check the full show notes here: http://biggerpockets.com/show359 Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you been looking for the right way to find deals in today’s tough market?Today’s show might be just what you’ve been looking for! Join us as Brandon and David sit down and bring out the gold nuggets on what’s working for successful real estate investors in today’s hot market.You’ll learn six strategies that will help you land deals and build wealth, as well as detailed insight into how to pull them off successfully. You’ll want to hear this advice about how to find deals, how to set up your business, and how to protect your capital that not everyone is talking about!For the second half of the show, Brandon and David share five “accelerants” that will help increase the level of your success once you’ve found the strategies that work for you.This show is the first of its kind, and we think you’re going to love it. You spoke, we heard, and this is the content the people want.Download and share this gem today!In This Episode We Cover: Strategy #1: BRRRR Strategy #2: House Hacking Strategy #3: House Flipping Strategy #4: Vacation Rentals Strategy #5: Wholesaling Strategy #6: Syndication Accelerants and how to pour fuel on the fire OPM (other people’s money) Value-add Forced equity Increased cash flow through additional units Leveraging others (core four) Finding deals from your sphere of influence Funnels Partnerships Personalities Skill sets Resources And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore BiggerPockets Podcast 302: Making $100k/Deal Using Other People’s Money, Time & Experience with Cory Nemoto KECO Capital KECO Capital’s Instagram BiggerPockets Hard Money Lenders BiggerPockets Webinars BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray BiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” Murdock Paying Off Student Loan Debt with a Median Income and Two Kids in Northern California with Kyle Renke Check the full show notes here: https://www.biggerpockets.com/show358 Learn more about your ad choices. Visit megaphone.fm/adchoices

YouTube sensation alert!On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.Kevin is young and doing great with real estate from several angles! He's built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same.You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice!This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike.In This Episode We Cover: Buying his first property while working at Jamba Juice How he bought with PMI, then removed it later Why he invests as an agent Why he tracks his net worth Common problems that prevent investors from building wealth Buying the majority of his properties from the MLS How he talks to other agents to get deals sent to him Finding a deal while holding an open house Why buying SFR to build equity then exchanging into multifamily is a great strategy Avoiding paying taxes Looking where others aren’t for deals How he still buys homes that get multiple offers Why he DOESN'T want cash flow right now A walk through of his latest rental Attracting quality tenants The best kind of relationship with real estate agents The problems he avoids in rehabs And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Pro Email: podcast@biggerpockets.com David's Instagram Brandon's Instagram BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone BiggerPockets Youtube BiggerPockets Meetup BiggerPockets Webinar Replay Check the full show notes here: http://biggerpockets.com/show357 Learn more about your ad choices. Visit megaphone.fm/adchoices