BiggerPockets Real Estate Podcast

Can you really create a massive real estate empire in a short time when starting with almost nothing? In today’s episode, you’ll not only discover that it’s possible, but you’ll see exactly how it was done. We sit down with Ryan Pineda, a former baseball player who got his start with just $10k while doing deals from the dugout. Ryan shares with us the exact strategies he’s using to more than double the number of deals he’s doing each year—and how he’s done that for the past four years. You’ll learn how he’s finding enough leads to flip 10 deals a month, how he’s able to buy long-distance, how he’s leveraging others so he can get more done, and much more.In This Episode We Cover: Ryan’s background and how he got into flipping How he started flipping everything (including couches!) Closing 100 deals The details of his first deal The difference between hard money and private money lenders What his business looks like Using relationships to find deals How agents can influence a deal Finding great wholesalers and getting deals from them How Ryan’s funnel works And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Events BiggerPockets Podcast 264: Gary Vaynerchuk on Finding Deals Through Social Media & Crushing It as an Entrepreneur 7 Years to 7 Figure Wealth Books Mentioned in this Show Will You Be My Mother by Sally Huss Flip Your Future by Ryan Pineda Investing with Low or No Money Down by Brandon Turner The Book on Flipping Houses by J. Scott Long-Distance Real Estate Investing by David Greene The Everything Store by Brad Stone Elon Musk by Ashlee Vance Shoe Dog by Phil Knight Fire Round Questions How do you rehabbers make the numbers work? Making improvements that increase the value of each property you buy by 10%. Suggestions? What are the common signs that a property has issues? How do you deal with bad neighbors? Just got my first booking and my guest was asking if they could check out like 4-5 hours later than my check out time Tweetable Topics: “You have to know what the other roles need in order to train somebody to do it.” (Tweet This!) “Wholesalers are contract flippers.” (Tweet This!) “If the numbers work for me, then let’s do business.” (Tweet This!) Connect with Ryan Ryan’s Company Website Ryan’s LinkedIn Profile Ryan’s Facebook Profile Ryan’s Instagram Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you struggling with finding deals in today’s market, where the best properties go fast? On today’s show, we interview Neal Collins, an investor in the red hot Portland Oregon who has figured out a way to find deals before anyone else even sees them! Neal shares the brilliant strategy he’s created to build a world where the best deals find him.In this show, you’ll learn how Neal was able to find a 4-plex to house hacked—and how he made an additional $8-10k a month, as well as how he built a property management company and real estate brokerage (hint: he created an army of deal finders that get paid to make him money and find him deals) where he does none of the work but reaps all of the profits, and his brilliant, simple strategy for raising private money than anyone can replicate (he really hits the nail on the head with this one).If you’re looking for a solid, profitable, and step-by-step process to make money and build wealth with real estate, you won’t want to miss how Neal did just that!In This Episode We Cover: Neal’s journey to real estate investing How he accidentally got into seller financing The importance of being able to pivot and change investment strategies The kinds of properties he looks for His thoughts on Airbnb and short-term rentals in general How he got into managing other people’s properties His experiences managing 200 units and owning a brokerage Three things every investor looks for: returns, security, and customer service And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar Brandon’s Instagram David’s Instagram GoBundance Airbnb Properly (App) BiggerPockets Youtube Channel Be a Guest on the Podcast Books Mentioned in this Show Long-Distance Real Estate Investing by David Greene Confessions of a Real Estate Entrepreneur by James A. Randel Shoe Dog by Phil Knight Fire Round Questions How do you reset for your next short term rental guests? What “extra” amenities do you provide to make the stay special? I wanted to know if anyone has a solution for reducing the time it takes to get through turning over linens in your short term rentals? I’ve read that some experts present themselves to tenants as the property manager, not the landlord. Tweetable Topics: “They talk about the numbers, but they are not talking about the work.” (Tweet This!) “You have to leverage other people’s time and experience or build systems so that you can leverage your own time to do that.” (Tweet This!) “The deals are not going to come to you. If you’re not consistently swinging the bat, you’re not going to hit the ball.” (Tweet This!) Connect with Neal Neal’s BiggerPockets Profile Neals Company Website Email Neal Neal’s LinkedIn Profile Neal’s Facebook Profile Neal’s Company Instagram Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to get really excited about the life possible through real estate? This show will go down in BP history as one of the foundational episodes: Brandon Turner and David Greene dive deep into seven unique and powerful strategies for building a real estate business that can fill your life with cash—not work. You’ll love the humor, the stories, the lessons, and the tips throughout! This episode is one you’ll come back to time and time again. Plus — as an added bonus — Josh Dorkin comes back to the BiggerPockets Podcast to explain where he’s been and what the future of the BiggerPockets Podcast will look like! Don’t miss a moment of this powerful show!In This Episode We Cover: Cashflow through rental properties What a turnkey property is and who it’s for BRRR Strategy Challenges with BRRR investing Note investing, lending, syndication, & crowdfunding The scale of passivity The first question David asks to people who want to do business with him House flipping Ways to become a CEO of a flipping business Multifamily investing Buying one house a year The Stack And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich BiggerPockets Podcast 279: How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan BiggerPockets Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren Sager BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock 7 Powerful Benefits To Mobile Home Park Investing How to Build Your Real Estate Portfolio Faster Using “The Stack” (blog) BiggerPockets Money Podcast BiggerPockets Podcast 283: 18 Houses in the First 18 Months with Paul Thompson Books Mentioned in this Show Real Estate Note Investing by Dave Van Horn The ONE Thing by Gary Keller and Jay Papansan So Good They Can’t Ignore You by Cal Newport Raising Private Capital by Matt Faircloth Own the Day, Own Your Life by Aubrey Marcus 59 Seconds by Richard Wiseman The Big Leap by Gay Hendricks High Performance Habits by Brendon Burchard Tweetable Topics: “The goal is to buy a house as cheaply as you possibly can and make it worth as much as you possibly can.” (Tweet This!) “With every hire you make, your business should make more money.” (Tweet This!) Connect with Brandon and David Brandon’s Instagram David’s Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a real estate business can be one of the best ways to achieve financial freedom. The problem for most, however, is money: There simply isn’t enough in your hands to get all the deals you want. That’s why today’s show might be the most impactful podcast episode you’ve ever heard. In today’s interview with Matt Faircloth, author of the new book Raising Private Capital, shares the steps needed to begin raising money from others to fund your real estate deals. You’ll discover the different types of private capital (and how to approach each), how Matt and his wife were able to grow from 30 units to over 300 (!) using other people’s money, and why talking about metrics to a private lender might not be a great idea at first. If you want to 10x your real estate portfolio or build your empire faster, this is one show you can’t afford to miss!In This Episode We Cover: Who Matt Faircloth is How they’ve reached 380 units to date Tips for building wealth by investing in business What you should know about opportunity cost Finding deals versus making good deals How to raise private money Tips for starting a business with friends and family A role-play call with David The number one question potential cash providers ask Why you should start with debt A new way to look at debt When the SEC gets involved About his book And SO much more! Links from the Show BiggerPockets Forums Brandon’s Instagram David’s Instagram BiggerPockets Instagram BiggerPockets Store BiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz Faircloth BP Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth BiggerPockets Webinar BNI BiggerPockets Pro Replay BiggerPockets Hard Money Lenders Books Mentioned in this Show Rich Dad, Poor Dad by Robert Kiyosaki Rich Dad’s Cashflow Quadrant by Robert Kiyosaki Raising Private Capital by Matt Faircloth Lifeonaire by by Steve Cook & Shaun McCloskey Fire Round Questions What kind of rates are investors getting from private lenders? What’s the holding period? Is there a serious, reliable source for PM lenders available? Would a loan from friends and family be considered private money? If you do pay for your coach, how does the fee work Whats up with the investors/mentors? Do I need a basic contract to use when raising private money, even from people I know and trust, even for family? Are there specific rules around raising the 20% down payment that most banks require? Tweetable Topics: “When it comes to raising money, you got to establish trust first.” (Tweet This!) “People should start with debt.” (Tweet This!) “It’s not about finding good deals, it’s about making good deals.” (Tweet This!) “You’ve got to squeeze the lemon and make something out of it.” (Tweet This!) Connect with Matt Matt’s BiggerPockets Profile Matt’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

It takes a long, long time to become successful in real estate and financially free — doesn’t it? Well, not according to the power couple on today’s show! In this episode of the BiggerPockets Podcast, we sit down with Utah’s Jason and Carrie Harris, who have built a sizable portfolio of more than seventy rental units over the past few years. These two have used a variety of creative financing strategies, and the lessons and stories they share are sure to inspire and educate you! Be sure to listen for the story of how they bought a four-plex for no money down, put $3,000 into it, and later made $186,000 in profit from that one deal. It’s unbelievable!In This Episode We Cover: Why real estate? Their first deal How they bought a four-plex and house-hacked it How they finance their deals Working their way with the bank Their current number of doors Commercial financing, residential financing, and partnerships Analysing multiple properties A deep dive on a deal Raising the rent and without losing tenants Lessons learned from an amazing deal Buying properties with no money down Upselling to their clients And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Events For Those Who Struggle Financially (Video) The Secret to Unlocking Bank Financing (PDF) Be a Podcast Guest! Brandon’s Instagram David’s Instagram Books Mentioned in this Show Rich Dad, Poor Dad by Robert Kiyosaki The Book on Investing with Low or No Money Down by Brandon Turner Investing in Duplexes, Triplexes, and Quads by Larry Loftis The Book on Rental Property Investing by Brandon Turner The E-Myth Revisited by Michael E. Gerber The E-Myth Real Estate Investor by Michael E. Gerber Fire Round Questions What brings more value, an extra bedroom or a garage space? What type of flooring do you use in your rentals, do you use carpet? What are your thoughts on investing in a property located in a flood zone? Curious to know if there are any good loan options (other than hard or private) that self employed people can use with little to no taxable income Tweetable Topics: “We didn’t have a lot of money so we had to find ways to be creative.” (Tweet This!) “You find a good enough deal, the money’s going to be there.” (Tweet This!) “There’s a way there’s a solution. You have to make it work.” (Tweet This!) Connect with Jason and Carrie Jason’s BiggerPockets Profile Jason and Carrie’s Company Website Email Jason and Carrie Learn more about your ad choices. Visit megaphone.fm/adchoices

How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real estate investor who specializes in putting together deals using a variety of different no- and low-money strategies in some pretty unique combinations. From utilizing business lines of credit, to bringing in partners, to hard money, to lease options and beyond, this episode will give you tons of ammunition for your own creative finance deals. And don’t miss the incredible strategy that Shiloh uses today to make 300 percent more per deal than if he were to flip the home. It’s pretty darn fantastic!In This Episode We Cover: How Shiloh started his real estate investing journey The book that helped him heal Details about his first property Office hacking and subleasing a sublease His first flipping deal — $30K turned to $195K How he bought his dream car Losing $5K on his first flip A hack with city inspectors The importance of needing an assistant The six different strategies he uses creatively Moving to a lease-option model Getting $800K in business lines of credit Lease options and how he uses them Selling properties 5–7 percent higher than the current ARV Explaining lease option through videos And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore BiggerPockets Webinar BiggerPockets Landlord Forms BiggerPockets Pro Dave Ramsey BiggerPockets Podcast 275: Buying 300 Homes While Working a Full-Time Job with Attorney Rob Oliver Lease Option Video Books Mentioned in this Show Long Distance Real Estate Investing by David Greene Rich Dad, Poor Dad by Robert Kiyosaki Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki The Book on Investing with Low or No Money Down by Brandon Turner The Richest Man in Babylon by George S. Clason Shoe Dog by Phil Knight Fire Round Questions I’m a little confused between lease option, lease purchase, and subject to. Doesn’t the existing financing stay in place for all three? Have you ever done a lease option agreement with seller for 6 months and lease option the property to buyer for 3 months? Lease Option Contract vs Rental Agreement & separate Option Agreement Am I crazy for considering a lease option to get out from under a low performing property? When you are lease optioning homes to tenants/buyers, what percentage actually end up exercising the options? Tweetable Topics: “Frustration comes from unmet expectations.” (Tweet This!) “Each deal I learn quite a bit from it.” (Tweet This!) Connect with Shiloh Shiloh’s BiggerPockets Profile Shiloh’s Company Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever have a conversation that is just impacts your life so powerfully you wish you could share it with everyone? That’s exactly what our conversation on today’s episode of the BiggerPockets Podcast is! Our guest, AJ Osborne, shares an incredible story of building his real estate business — which focuses on self-storage facilities — as a way to transition his family from rich to wealthy (and yes, there is a difference!) This show is packed with insight from AJ, including: How a loss on his first deal directly led to millions of dollars in later profit How to find underperforming real estate deals How he made $13,000,000 in equity from a old Kmart building And the medical emergency that put his real estate to the ultimate survival test while AJ fought for his life (this story will shock, amaze, and inspire you!) This show is one of the most powerful episodes yet of the BiggerPockets Podcast, and we’re excited for you to dive in!In This Episode We Cover: His first deal that didn’t go the way he wanted… but the logic behind doing that deal (super important for every newbie) The difference between being rich and being wealthy Picking a wealth vehicle — and the difference between a Ferrari and a train How to find an underperforming self storage building and turn it around (applies to any kind of real estate) The Kmart story that helped him build around $13,000,000 in equity  Price / Convenience / Quality Coma: “One of the most incredible stories I’ve ever heard” Subsequent: Does your business survive “the coma test”? And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast 245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday Books Mentioned in this Show The Essays of Warren Buffett by Warren Buffet & Lawrence A. Cunningham The Obstacle is the Way by Ryan Holiday Conspiracy Ryan Holiday Fire Round Questions What are the conditions that make for an ideal development opportunity? Is there any issue with renting out a storage unit in a self storage facility then subleasing it out to someone else? Is Loopnet the best source for self-storage deals or is there another website that focuses exclusively on self-storage? Managing Self Storage how far is too far? Tweetable Topics: “It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!) “There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!) “The economic downturn was my lucky break.” (Tweet This!) “Work ethic is not enough.” (Tweet This!) Connect with Aj AJ’s Blog AJ’s Instagram AJ’s Facebook Profile AJ’s Twitter Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Is there such thing as a “perfect investment?” According to today’s guest, yes. Today on the BiggerPockets Podcast we sit down with Paul Moore, a real estate investor whose 18-year journey through real estate has included house flipping, new construction, hotels, and finally—multifamily. In this episode, Paul shares three powerful reasons why multifamily might just be the most perfect real estate investment. You’ll learn how Paul discovered the vital difference between investing and speculating, why falling in love (with a deal) is incredibly dangerous, and the huge real estate gamble that Paul made that cost him $40,000. If you plan to eventually buy small multifamily properties, this is one podcast episode you can’t miss!In This Episode We Cover: Paul’s history and how he got into real estate Bought a house for $34,000—painted it, and sold it for $65,000 Never fall in love with a deal From two failed flips to 50 successful ones! The difference between gambling and investing How he built a Hyatt hotel with a partner and lost money Some reason behind the dropping of homeownership Why he thinks multifamily properties are perfect investments How he looked at 180 deals this year He sold an HR company in ’97 for almost $3 million. Ten years later he was 2.5 million in debt. How he was able to end up debt free 13 months later Financing an $8.7 million multifamily property What is a green loan program? The journey to a syndication process How he’s been able to write a book, have a podcast, and write for BiggerPockets Networking through BiggerPockets And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinars Tim Ferriss Show BiggerPockets New Member Introductions Forums NMAC Conference Books Mentioned in this Show Mastering the Rockefeller Habits by Verne Harnish The Perfect Investment by Paul Moore The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges The ONE Thing by Jay Papasan and Gary Keller Fire Round Questions What is a good way of finding multifamily owners if it’s owned by an LLC? Where do you gets your numbers when it comes to multifamily units? Tweetable Topics: “Every percent drop in home ownership means a million new people in the renter pool.” (Tweet This!) “When baby boomers rent, they never return to buying again.” (Tweet This!) “Don’t fall in love with a deal.” (Tweet This!) “Wealth built up slowly over time is the key to become successful.” (Tweet This!) Connect with Paul Paul’s Company Website Paul’s Podcast Paul’s Posts on BiggerPockets Paul’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Wealth is not an accident, it’s a choice. And on today’s powerful episode of The BiggerPockets Podcast, you’ll learn exactly how to make that choice each and every day. We’re excited to bring back two return guests, Hal Elrod and David Osborn, to talk about the choices that wealthy people make to ensure they stay focused on reaching their goals. You’ll hear about Hal’s recent battle with cancer and the mindset that allowed him to overcome the odds and live. You’ll discover how your diet can make you wealthy and how to command your day from the moment you wake—even if you aren’t a morning person. And you’ll discover the powerful concept of having an “air game” in addition to your “ground game”—and how understanding the distinction can make you wealthier than you have ever dreamed. Packed with wisdom, humor, and incredible insight, this show will leave you pumped up and ready to choose wealth.In This Episode We Cover: Hal’s cancer survival story and the Miracle Morning movie David’s latest updates What their miracle mornings look like How Miracle Morning for Millionaires came to be Overcoming the “but I’m not a morning person” objection How to own your agenda Choosing to be wealthy How to find the right group of people The thing that’s more effective than work ethic Tips on self leadership How to develop unwavering focus And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn BiggerPockets Webinars Illuminate Film Festival Why I Don’t Want To Get Rich (And Why You Shouldn’t Either) (Article) GoBundance Books Mentioned in this Show The Miracle Morning by Hal Elrod Miracle Morning Millionaires by Hal Elrod, David Osborn & Honoree Corder Secrets of the Millionaire Mind by T. Harv Eker Rich Dad Poor Dad by Robert T. Kiyosaki Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki Wealth Can’t Wait by David Osborn Tweetable Topics: “It’s not about overthinking things. It’s about finding things that work and putting them into action quickly.” (Tweet This!) “There’s no way you win in life without having your agenda and being purposeful towards your agenda.” (Tweet This!) “The economic downturn was my lucky break.” (Tweet This!) “Work ethic is not enough.” (Tweet This!) Connect with Hal and DavidThe Miracle Morning Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Start slow—or take off like a rocket? When it comes to real estate investing, the choice isn’t the same for all. This week, our guest Paul Thompson made a clear choice: Rocket! After realizing the fragile nature of his six-figure salary, he set out to replace his salary with passive income—as quickly as possible. This led him to average a new home purchase every month for the first year and a half, and soon he had true financial freedom and quit his 9–5. This show is packed full of actionable tips, including some never-before-heard-on-this-podcast strategies for finding deals with the use of virtual assistants, Craigslist, and cold calling! This is one episode for which you’ll need to take some notes, so grab a notebook and let’s get into it!In This Episode We Cover: Paul’s backstory prior to real estate investing His first deal doing the BRRRR method What is escape velocity? P.I.L.E. (Passive Income greater than your Living Expenses) How he manages his properties Finding private money lenders through BiggerPockets His system in making offers Things he looks for in each deal How to negotiate for seller financing Subject-to explained Why does he L.I.E. every day? His interesting thoughts about money How he balances his time The third-party catalyst And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar David Greene’s Twitter Profile David Greene’s Instagram Brandon’s Twitter Profile Brandon’s Instagram BiggerPockets Twitter Profile BiggerPockets Instagram BiggerPockets New Member Introduction Forums Upwork Screen-O-Matic Zillow Craigslist CallRail Podio Zapier Google Duplex GoBundance How I Analyzed a Deal in 5 Minutes (& Bought it Before Anyone Else Could) Uber Turo BiggerPockets Podcast Guest Form Books Mentioned in this Show Long-Distance Real Estate Investing by David Greene The Book on Investing with No and Low Money Down by Brandon Turner Building Wealth One House at a Time by John Schaub The Richest Man in Babylon by George S. Clason The Pumpkin Plan by Mike Michalowicz Profit First by Mike Michalowicz The Big Leap by Gay Hendricks Fire Round Questions How detailed of a plan for financing do I need before I start actively hunting for deals? What niche/strategy will yield the most results, direct mail for subject to and owner financing or finding partners/private money? Tweetable Topics: “How many deals do you have is the wrong question to ask. It’s how much cashflow are you generating?” (Tweet This!) “Never assume that what is important to you is important to the other party.” (Tweet This!) “There is plenty of money for the things you really want.” (Tweet This!) “You don’t want cash, you want what cash can give you.” (Tweet This!) Connect with Paul Paul’s BiggerPockets Profile Paul’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices