BiggerPockets Real Estate Podcast

Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches: note investing. In this episode of the BiggerPockets Podcast, we sit down with Dave Van Horn, author of Real Estate Note Investing, to talk about how anyone can get started with real estate note investing—even as a first investor. In addition to a great conversation about notes, you’ll also hear some of Dave’s powerful strategies for getting his real estate offers accepted, how he started his investments using the BRRRR strategy (with credit cards!) and much, much more.In This Episode We Cover: What is a note? The types of notes available Ways to start investing in notes How much cash one needs to have a note Dave’s backstory as a real estate investor Dave’s shift to note investing What hard money is Three things you need to put together a deal Getting bank financing Performing vs. non-performing notes Shadowing and how to do it Making multiple offers What happens when a performing note becomes a non-performing note? About the book And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Calculators Veggie Tales: Song of the Cebu BiggerPockets Podcast 028: Note Investing and Raising Private Money with Dave Van Horn Prosper Books Mentioned in this Show Multiple Streams of Income by Robert Allen Real Estate Note Investing by Dave Van Horn The First Entrepreneur by Edward G. Lengel Abundance by Peter H. Diamandis Fire Round Questions Is it possible to purchase your own Non Performing Note? If I want to be an individual NOTE investor, how much money do you need to have to play? Would it be a smart strategy to buy NPN or defaulted mortgages just to foreclose on them for profit? Tweetable Topics: “It’s not only about what you’re paying, it’s about how you’re paying it.” (Tweet This!) “You don’t need any money, you just need a deal.” (Tweet This!) Connect with Dave Dave’s BiggerPockets Profile Dave’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Struggling to build your real estate empire? Not after this show! It’s time to put the no money, no deals, and no time excuses to rest. This episode is 90 minutes of pure fire, as Brandon and David systematically help you overcome the “big three” roadblocks most real estate investors encounter. You’ll learn how to fund your next deal no matter how much cash you have (or don’t have). You’ll find that deals are out there — if you are willing to follow the tactics and processes laid out here. You’ll also learn how anyone can invest in real estate — even if you have only a few minutes a day. Today’s episode is unlike anything you’ve heard before, so grab a pen and a notebook and prepare to annihilate your “big three!”In This Episode We Cover: Having more options through continued education Why finding better deals comes first before finding money Ways to do deals with no money down Private-money and hard-money lenders The BRRRR strategy Seller financing: how it works Finding deals Understanding how properties are valued Having the right process in finding deals The L.A.P.S. funnel Ways to “fill” the funnel Getting a real estate agent Direct mail, driving for dollars, and many more strategies Finding time to invest in real estate The 1 percent rule Finding the right people And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop BiggerPockets Twitter Profile BiggerPockets Podcast 044: Creating Systems to Flip Houses While Still Employed with Michael Woodward Zillow BiggerPockets Marketplace BiggerPockets Calculators Investor Carrot LeadPropeller Wix How to Build a Website with Wix BiggerPockets Podcast 217: How to Work Less and Earn More Using the 80/20 Rule with Perry Marshall BiggerPockets Podcast 268: Acquiring 20 Long-Distance Rental Homes (on a Military Salary!) with Rich Carey BiggerPockets Webinars Books Mentioned in this Show Set for Life by Scott Trench Long-Distance Real Estate Investing by David Greene Finding and Funding Great Deals by Anson Young Investing with Low or No Money Down by Brandon Turner The Millionaire Real Estate Agent by Gary Keller The Compound Effect by Darren Hardy 12 Week Year by Brian Moran 80/20 Sales and Marketing by Perry Marshall The ONE Thing by Gary Keller & Jay Papasan Tweetable Topics: “The more you learn about real estate, the more options you have.”(Tweet This!) “You’re doing the lender a favor by giving them a way better return with their money.” (Tweet This!) “Good deals are not found, good deals are made.” (Tweet This!) “The process is more important than the specific tactic.” (Tweet This!) “At the end of the day, consistency is what matters.” (Tweet This!) “Real estate is market specific.” (Tweet This!) Connect with Brandon Brandon’s BiggerPockets Profile Brandon’s Instagram Brandon’s Twitter Profile Connect with David David’s BiggerPockets Profile David’s Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investors love to talk about their successes, but most refuse to talk about their failed deals. On today’s show, we hit both of those points hard when we sit down with Sam Craven to talk about how his wholesaling business generates hundreds of thousands of dollars each month in revenue — and the mistakes that led to him losing over $750,000 from his rehabbing business. You’ll also discover the exact strategies Sam is using to fill his deal pipeline, plus advice for those of you who are just starting on your real estate journeys.In This Episode We Cover: Who Sam Craven is and how got started investing six years ago Figuring out your one thing How Sam lost 3-quarters-of-a-million dollars Focusing on what you are really good at How Sam’s business has evolved Why he spent $1 million for marketing in a year Do you need to get your real estate license? Direct-mail marketing and other paid marketings Growing by acquisition What does wholesaling mean to you? Having a closed group of buyers list How Sam motivates himself to keep going And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 033: How to Close 27 Deals in Your First Year While Working Full Time with Sam Craven BiggerPockets Podcast 137: How to Use Systems to Scale Your Real Estate Business with Sam Craven Growth Con BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan Zillow Realtor BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss Books Mentioned in this Show Set for Life by Scott Trench Long-Distance Real Estate Investing by David Greene The Miracle Morning by Hal Elrod Never Split the Difference by Chris Voss Relentless by Tim Grover Fire Round Questions What is the one thing a wholesaler should know before starting? Best cities to buy multifamilies for buy-and-hold in 2018 Tweetable Topics: “Know what you’re good at and know what your end results to be.”(Tweet This!) “You cannot have success without failure.” (Tweet This!) “If your goal and your why is bigger than any other problem you can face, you can overcome anything in the planet.” (Tweet This!) “Systems make your business a business.” (Tweet This!) Connect with Sam Sam’s BiggerPockets Profile Sam’s Facebook Page Sam’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals—enough to achieve financial independence? On today’s episode of The BiggerPockets Podcast we sit down with Amy Arata,... Learn more about your ad choices. Visit megaphone.fm/adchoices

Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the BiggerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping real estate investors navigate the tax code! Amanda Han and Brandon Hall join us today as we dive deep into the new changes—plus tackle some of the most common questions new real estate investors ask!In This Episode We Cover: Who are Amanda and Brandon? Changes of the new tax bill What is passthrough deduction? Increasing the depreciation schedule The concept of cost segregation The 1031 exchange provisions have been modified Using 1031 Business interest limitation What is a tax shelter? Section 179 — write off 100 percent as an asset What can a investor do now? When do you need a CPA? Some more free tax advice And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Show Forget BRRRR: Introducing the BARRRR Strategy for Investors (Blog) IRS Schedule E (PDF) BiggerPockets Blog How the Final GOP Tax Bill Will Affect Real Estate Investors (Blog) Books Mentioned in this Show The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland Rich Dad Poor Dad by Robert Kiyosaki What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank Gallinelli The 4-Hour Workweek by Timothy Ferriss Building a StoryBrand by Donald Miller Tweetable Topics:“Hire the right people right away.” (Tweet This!) Connect with Amanda Amanda’s BiggerPockets Profile Amanda’s Company Website Connect with Brandon Brandon’s BiggerPockets Profile Brandon’s Company Website Brandon’s LinkedIn Profile Brandon’s Facebook Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Many people feel that because their local market isn’t great for rental property cash flow, they can’t invest. Don’t tell that to today’s guest, who for the past decade has been doing just that—even while working full-time in the U.S. Military! Today’s guest is Rich Carey, who shares with us his strategy of buying rentals in one location, despite living in many different places across the world. Rich also discusses his strategy of NOT using leverage, instead choosing to buy properties with cash instead, which has allowed him to maximize his cash flow and has given him true financial independence. Rich’s story is inspiring and highly educational, so set aside time today to listen to the whole interview. We think you will really like this one!In This Episode We Cover: How he bought his first property while assigned in Guam Tips for flipping new construction Why you should consider switching investing style after a flop Why you shouldn’t buy a house, unless… Advice on long-distance house flipping What you should know about partnerships and trust His experience investing in properties in military bases A discussion on leveraging properties The importance of having a frugal lifestyle Hiccups on his first property and valuable lessons from it How he manages his properties out-of-state And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Show Introduce yourself to the forum Leading Landlord BiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth Mosley BiggerPockets Landlord Forms BiggerPockets Podcast 223: How to Become “Set for Life” Through House Hacking, Frugality, and Maximizing Your Income with Scott Trench BiggerPockets Podcast 035: Quitting Your Job, Lifestyle Design, and Being a Traveling Landlord with Paula Pant Books Mentioned in this Show The Total Money Makeover by David Ramsey Set for Life by Scott Trench Long Distance Real Estate Investing by David Greene Rich Dad Poor Dad by Robert Kiyosaki Fooled by Randomness by Nassim Nicholas Taleb Fire Round Questions What extras do you add to your lease Recourse against property manager for fraudulent repair billing? Tenant wants to buy my house Tweetable Topics: “You can pay off a mortgage pretty fast when you put your effort into that.” (Tweet This!) “I don’t believe that you have to wait for things to crash then invest everything.” (Tweet This!) Connect with Rich Rich’s Personal Blog Email Rich Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!  In This Episode We Cover: Nat’s background as a professional soccer player and his first deal His current number of properties What exactly a 1031 exchange is Expert tips for finding deals How to use social networking to your advantage Specifics on a recent deal How he found great prices just an hour and a half from his area How to increase the rent Commercial loans vs. traditional loans Sub-metering a property The story behind why he hires property managers His 28-house portfolio deal And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Show BiggerPockets Events BiggerPockets 1031 Exchange Guide The 1031 Exchange Ultimate Guide for Real Estate Investors (blog) BiggerPockets Landlord Forms True Submeter BiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat AppFolio Mindy’s Twitter Profile Mindy’s Instagram Brandon’s Twitter Profile Brandon’s Instagram Books Mentioned in this Show How to Work a Room by Susan RoAne How to Win Friends & Influence People by Dale Carnegie Built to Last by Jim Collins The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarland Defensive Real Estate Investing by William Bronchick The Compound Effect by Darren Hardy The Lifeonaire by Steve Cook Fire Round Questions What questions to ask when choosing a Property Management Company Someone who makes you very uneasy! Tenant is subletting on AirBnb, what should I do? Whats YOUR Metrics for Buy and Hold investments? Multi-Family Purchase Inspection Tweetable Topics: “Today, you don’t find good deals. You make good deals.” (Tweet This!) “Nothing ventured, nothing gained.” (Tweet This!) Connect with Nat Nat’s Personal Website Nat’s Twitter Profile Nat’s Instagram Profile Nat’s Facebook Page Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re not going to lie: It was hard to come up with a title for this episode because we covered SO much—productivity strategies, morning routines, growing from zero to 900 units, partnerships, 1031 exchanges. Whether you are a top performing real estate expert or still looking for your first, you’ll leave this interview challenged, encouraged, and fired up to make some big changes in your life! Jake and Gino are full of energy and even more full of knowledge, so get ready for one awesome show.In This Episode We Cover: Who Jake and Gino are The importance of having a picture in mind Tips for having good morning habits How they built ancillary businesses to support their real estate investing Advice for finding the right employees How to get into the first deal How to balance being focused and building another revenue streams Why partnerships are vitally important What to seek in a partner What their partnership looks like Thoughts on using an LLC for each deal What exactly cost segregation is A discussion on holding properties forever Their thoughts about 1031 exchanges How they find deals And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 182: 674 Multifamily Units in Three Years with Jake & Gino BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod Luminosity Headspace Alar.my Scott’s Twitter Profile Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki The Miracle Morning by Hal Elrod The Richest Man in Babylon by George S. Clason The ABCs of Real Estate Investing by Ken McElroy Investing in Fixer-Uppers by Jay DeCima Think and Grow Rich by Napoleon Hill Atlas Shrugged by Ayn Rand Tweetable Topics: “Have a picture in mind and just keep focusing on it.” (Tweet This!) “You grow into your problems, and you outgrow your problems.” (Tweet This!) “The fear is worst than the reality.” (Tweet This!) “If you’re not thinking of creating value for the other person, then the partnership is not going to work.” (Tweet This!) “Transactions are not going to create wealth; equity is going to create wealth.” (Tweet This!) Connect with Jake and Gino Jake and Gino’s Company Website Rand Property Management Rand Partners LLC Jake and Gino Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Yes, really. Today’s guest was kidnapped in Russia by mobsters and not only lived to tell the tale, but he even went on to invest in rental real estate in a big way, building a massive property management business! In this show, Andrew Propst shares key insight into finding incredible property managers and solid tips for profitably managing your own tenants. Andrew also has some excellent tips for finding great real estate deals, so if rental properties are in your future, this is one show you don’t want to miss!In This Episode We Cover: The kidnapping story How Andrew’s stubbornness to pay rent led him to invest in real estate His first investment Tips for finding the right property manager The details on Andrew’s 42-unit multifamily property How they managed to increase rents from $400 to $700 Useful property management resources What you should know about cap rates Tips on finding great deals What he thinks about build to rent What Andrew looks for in a market Thoughts on renting to people with a prior eviction The importance of enforcing the terms of the lease A conversation about landlord-tenant laws And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Landlord Forms BiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a Year BiggerPockets Money Show The Saratov Approach (Movie) National Association of Residential Property Managers Institute of Real Estate Management Integra Realty Resources Cap Rate and Cash-on-Cash Return: A Definitive Guide CCIM Institute ‘World’s worst bowler’ just bought a historic Valley alley. Even his wife thinks it’s crazy (Post) CI 101: Financial Analysis for Commercial Investment Real Estate (Course) Books Mentioned in this Show Long-Distance Real Estate Investing by David Greene The Book on Rental Property Investing by Brandon Turner How to Win Friends & Influence People by Dale Carnegie Drive by Daniel H. Pink The Book on Managing Rental Propertyies by Heather and Brandon Turner Fire Round Questions Previous property manager did not return security deposit Perspective Tenant with Service Dog Otherwise great tenants hiding ferrets – how to proceed Eviction history Tweetable Topics: “You never know how important a property manager is until you hire a bad one.” (Tweet This!) “Your job as a property manager is just to enforce the terms of the lease.” (Tweet This!) “You’re doing your tenant a disservice if you’re not firm.” (Tweet This!) “The lazy parents clean their child’s room.” (Tweet This!) “The whole premise of Fair Housing laws is to treat everybody the same.” (Tweet This!) Connect with Andrew Andrew’s BiggerPockets Profile Andrew’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s world, anyone can call themselves an entrepreneur. But what does it really take to find success as one? That’s the topic on today’s inspiring episode of The BiggerPockets Podcast, where we sit down with New York Times bestselling author Gary Vaynerchuk, author of Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, TooI and host of The #AskGaryVee Show, one of the most popular vlogs online. Gary is one of the world’s foremost experts on using social media to drive a business forward, so in addition to an amazing discussion on hustle and motivation, Gary dives into several unique strategies for finding deals, networking with influencers, and growing your business using the power of social media.In This Episode We Cover: What Gary thinks is crazy about entrepreneurs today Why you don’t “have to be” an entrepreneur or an investor What you should know about the book Crushing It The social media tools Gary uses Why Facebook is so useful How social media is the future How real estate investors can use social media Targeting the right people for your business through Facebook How to use the concept of “smart hustle“ And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Jobs Snapchat Alexa Craigslist Need Some Motivation Right Now? (blog) Moment App Books Mentioned in this Show Crush It! by Gary Vaynerchuk Crushing It! by Gary Vaynerchuk Tweetable Topics: “The thing that drives me crazy is that I just want everybody to win.” (Tweet This!) “If you’re working 15 hours a day just for the money to then do the thing you love, you lost.” (Tweet This!) “The great thing about entrepreneurship is that you only have to be right once.” (Tweet This!) Connect with Gary The #AskGaryVee Show Planet of the Apps VaynerMedial Learn more about your ad choices. Visit megaphone.fm/adchoices