BiggerPockets Real Estate Podcast

Many people have dreams of owning large multifamily properties—but fail to get beyond small deals. Not today’s guest! Today, we sit down with Bruce Petersen, an investor from the Austin, TX area who started with a 48-unit syndication deal and hasn’t looked back! Bruce has some incredible stories and lessons from his time in the business, so if you ever plan to buy an apartment complex, this is one episode you need to pay close attention to!In This Episode We Cover: Bruce’s background What a syndicator does Why he started out with a 48-unit deal Why it’s easier to handle a property with more units The “deal triangle“ Tips for hosting a meet-up The class system of properties When to upgrade a unit What exactly a preferred return is How syndicating really works How he included his daughters in the deal How he finds deals And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Events Brandon’s Twitter Profile Mindy’s Twitter Profile Loopnet Resman BiggerPockets Webinars Books Mentioned in this Show Rich Dad Poor Dad by Robert T. Kiyosaki Jab, Jab, Jab, Right Hook by Gary V. Fire Round Questions How do I vet a Syndication company? Syndicating CRE and having a real estate license Should I do a syndication? Is it standard practice for sellers of multi-family units to withhold P & L and other financial data until an offer is made? Tweetable Topics: “Don’t ever pay off a piece of real estate ever. Not even your personal residence.” (Tweet This!) “I’ve always syndicated everything.” (Tweet This!) Connect with Bruce Bruce’s BiggerPockets Profile Bruce’s Website Bruce’s Email Learn more about your ad choices. Visit megaphone.fm/adchoices

Jefferson Lilly, expert in mobile home park investing, shares insights on acquiring 'pads,' rent-to-own homes, managing properties, funding, and scaling business. Discusses RVs vs. mobile homes, hiring key personnel, and flood zone concerns. Highlights benefits of mobile home park niche and fund structures for investments.

Here on the BiggerPockets Podcast, we spend a lot of time talking about buying properties—but what about needing to sell them? How does someone get top dollar and get their home sold quickly? Well, today on the podcast, we’re excited to dive deep into this topic with Mindy Jensen, the Community Manager at BiggerPockets and author of the newest book from BiggerPockets, How to Sell Your Home. You might know some of these tips—but others might just blow your mind (and make you thousands next time you sell a property), so grab a pencil and paper and get ready to take some notes!In This Episode We Cover:Mindy’s storyHow to pay zero dollars in capital gain taxesThe tax exemptions involved with getting marriedWhat exactly a live-in flip is16 ways to sell your property: Have a pre-listing home inspection Clean up your home Doesn’t pass the sniff test Great Pictures of your house Be available Be informative Know your competition Use an agent Ask your agent Price it right List in Peak market time Double check your listing information Stage those weird areas that don’t have an obvious use Leave during your showing Be prepared to walk away from an offer Tell everyone you know that your house is for sale Why Mindy wrote the bookBonuses!And SO much more!Links from the Show BiggerPockets Forums BiggerPockets Money Podcast Email Support How to Buy Your First (or Next) Property by the End of the Year [The 90-Day Challenge!] (podcast) What I learned buying a house (blog) Books Mentioned in this Show How to Sell Your Home by Mindy Jensen Rich Dad Poor Dad by Robert Kiyosaki Long Distance Investing by David Greene Set for Life by Scott Trench The Book on Rental Property Investing by Brandon Turner The Millionaire Real Estate Investor by Gary Keller The Richest Man in Babylon by George S. Clason Fire Round Questions After taking initiative, landing the deal, and successfully completing renovations, how can you be sure your property is going to sell? Selling home with no agents How do people work on the timing of selling and buying a home? Selling challenge Tweetable Topics: “Try not to sell a house with a tenant in it.” (Tweet This!) “Home inspection is totally worth the dollars.” (Tweet This!) Connect with MindyMindy’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Former head of the FBI's Hostage Negotiation Team, Chris Voss, shares stories, strategies, and tactics from negotiating with dangerous criminals. Topics include mirroring, listening, negotiating in real estate, gaining the upper hand, anchoring, and odd number pricing. Learn how saying 'no' and using active listening and mirroring can lead to successful deals. Apply FBI negotiation strategies to the business world.

One of the most impactful moments for most real estate investors is meeting a “mentor,” someone older and wiser who can share with them the lessons they’ve learned. That’s exactly what today’s episode of The BiggerPockets Podcast is! Mike Anderson has invested in real estate for over 60 years, doing everything from buying 200 houses per month to owning a mortgage business to storage units and more. On today’s show, he dives into his story and the lessons he’s learned over the past half-century and offers insight and wisdom that newer investors need to hear. This conversation is fun, fast-paced, and filled with knowledge, so hang on for a wild ride!In This Episode We Cover: The story of buying a house for $3,250 (55 years ago) How to buy and sell 200 houses a month What he’s learned about people buying houses Why you should buy rentals in school districts A discussion on cash flow vs. appreciation The concept of “dialing for dollars“ Why it’s all a number’s game Things to note when buying from wholesalers The usual problems with investors Where to get the money for deals Why perseverance is key How to hire the right people How to continue buying 10 or more houses (and get bank financing) Why he’s concerned about the future And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Podcast BiggerPockets Podcast 221: Buy and Hold Real Estate—What Works and What Doesn’t with Tim Shiner BiggerPockets Podcast 242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall BiggerPockets Podcast 258: Six-Figure House Flipping with Gabe DaSilva CraigsList Books Mentioned in this Show Rich Dad Poor Dad by Robert KiyosakiTweetable Topics: “The essential thing to make money is hard work.” (Tweet This!) “Don’t worry about commissions; worry about your customers.” (Tweet This!) “How are you going to buy real estate if you don’t know what your goal is?” (Tweet This!) “It doesn’t cause cancer to call people on the phone.” (Tweet This!) Connect with Mike Mike’s Company Website Mike’s Facebook Profile Mike’s Twitter Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Massive goals encourage massive action—and a massive plan to get there. That’s the truth behind today’s episode of The BiggerPockets Podcast, where we sit down with Gabe DaSilva, a New Jersey real estate investor who specializes in a unique niche of house flipping: “add-a-level” or “pop tops.” You’ll hear how Gabe shoots for a six-figure payday on each flip and how you can incorporate this strategy in your own business. Be ready to take some notes—this is an action-packed show!In This Episode We Cover: How Gabe got into the real estate business Tips for using your 401k as capital How he landed his first deal A discussion on doing things yourself How to finance your deals using hard money Gabe’s unique definition of hard money lenders The deals he’s made to this point Which properties are good candidates for rehabbing How to tell if it’s the right market to invest in What to check for in a good house foundation The “bathtubs story“ How to find deals through direct mail What his day looks like And SO much more! Links from the Show BiggerPockets Forums Rehab Estimator Calculator BiggerPockets Calculators BiggerPockets HardMoney Lenders International Builder’s Show Upgrade to Pro! Books Mentioned in this Show A Curious Mind by Brian Grazer The Book on Estimating Rehab Costs by J. Scott Set for Life by Scott Trench Rich Dad Poor Dad by Robert Kiyosaki The E-Myth by Michael E. Gerber Think and Grow Rich by Napoleon Hill Fire Round Questions Would you contribute to a 401(k) or not? What did you do wrong on your first flip? Flipping Houses Under One LLC Rehabbing a remediated meth house Tweetable Topics:“Sacrifice the life you have now so that you can live the life most can’t live later.” (Tweet This!)Connect with Gabe Gabe’s BiggerPockets Profile Gabe’s Facebook Profile Gabe’s Youtube Channel Gabe’s Instagram Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing outside of your local market can strike fear into the hearts of even the most savvy real estate investor. But long-distance investing doesn’t need to be extra risky! In fact, today’s guest argues that it might just be the most profitable investing you’ll ever do. Today’s guest, David Greene, a San Francisco real estate investor and agent, shares his incredible process for finding, rehabbing, and managing properties from thousands of miles away. His approach to building a “Core Four” is nothing short of genius and will transform how you run your real estate business, whether you are buying next door or 49 states away. This is one show that could change your real estate strategy forever!In This Episode We Cover: What David’s been up to since the last time he was in the show How to find the right people to help you find the right properties How to seek out top-notch lenders Tips for offering value to people hundreds of miles away A discussion on whether newbies can invest long distance The “Core 4” team members you’ll need when investing in real estate out-of-state David’s thoughts on turnkey companies How to overcome the fear of trusting someone you work with All about David Greene’s new book! And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene BiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors Long-Distance Real Estate Investing by David Greene Home on Discovery Bay, CA (House Hunter Episode with David Greene) Rentometer BiggerPockets Analysis BiggerPockets Podcast 248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock Books Mentioned in this Show A Curious Mind by Brian Grazer The ONE thing by Gary Keller and Jay Papasan The 4-Hour Workweek Tim Ferriss The Millionaire Real Estate Agent by Gary Keller The Richest Man in Babylon by George S Clason Principles by Ray Dalio Fire Round Questions Out of town financing From NYC to out of state investing Help How does investing out of state impact your tax status? Out of state smaller properties? How important is it to have an in-state CPA? Tweetable Topics: “I’m putting a dream team together that runs on autopilot.” (Tweet This!) “The market itself is not quite as important as the success you’ll likely have in that market.” (Tweet This!) “It’s only risky if you’re lazy.” (Tweet This!) “You’re not going to make money right away when you start first doing anything new. It’s only going to be what you learn that will make money later.” (Tweet This!) Connect with David David’s BiggerPockets Profile David’s Facebook Profile David’s Company Website David’s Personal Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Why do some people achieve incredible success while most others struggle? Why do some reach their goals while others give up within days of setting them? Why do some people make WAY more money at work while others are stuck in the mailroom for 40 years? Those topics, among many others, are the focus of today’s episode of The BiggerPockets Podcast, where we sit down with Eric Barker, author of the WSJ bestseller Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) WrongW. Eric spends his life exploring the science and psychology behind what actually makes an individual successful, and today we explore those often-surprising truths as they relate to real estate, business, and all areas of life!In This Episode We Cover: Eric’s background What you should know about his book How to align yourself with what you’re good at The issue of grit The “3 Ps” (personal, permanent, and pervasive) The secret to forming habits How to create external accountability A discussion on systems vs. goals What you should know about introverts vs. extroverts How financial success can serve as a great defense Tips for not taking the day for granted How to become a super connector What makes somebody successful at work What “work-life balance” truly means The 4 metrics of success And SO much more! Links from the Show BiggerPockets Forums BiggerPockets’ Low Budget (Youtube Series) BiggerPockets Youtube Channel Stickk Fincon Noah Kagan Marginal Revolution Ryan Holiday Tim Urban’s Wait but Why? Josh Kaufman The Vietnam War Icarus Netflix Original The Armstrong Lie Command and Control The Bomb Gym Pact App Books Mentioned in this Show Barking Up the Wrong Tree by Eric Barker The Miracle Morning by Hal Elrod The One Thing by Gary Keller and Jay Papasan Deep Work by Carl Newport The Personal MBA by Josh Kaufman Drive by Dan Pink The Hard Thing About Hard Things by Ben Horowitz Give and Take by Adam Grant Tweetable Topics: “The single most motivating thing is the feeling of progress.” (Tweet This!) “The importance of the habit is consistency.” (Tweet This!) “In the end, it’s generally better to set up systems as opposed to goals.” (Tweet This!) “There is no fear with boredom.” (Tweet This!) Connect with EricEric’s Blog Learn more about your ad choices. Visit megaphone.fm/adchoices

How many hours per week does it take to be a successful real estate investor? The answer on today’s episode might surprise you. Today we’re sitting down with Elliot Smith, a real estate investor from Washington State who has an incredible story to tell about how he went from 70+ hour per week worker to “full-time” real estate investor who only works part-time. Elliot has an incredible outlook on life and business that’s contagious, so warning—you won’t leave this interview the same person. You’ll also learn how Elliot and his wife made over $100,000 their first year in real estate and the amazing tale of how they made over $100,000 in a single month. This show is as inspirational as it is educational (and filled with more than a few laughs!) so get ready to have your world rocked.In This Episode We Cover: How Elliot got started real estate investing Whether you should do house inspections Their next deals and a great wholesale deal How to wholesale with a full-time job The importance of being honest with your sellers What exactly wholesaling entails How he made $100k in just one month! How to invest part-time and earn full-time Tips for building relationships with private lenders Advice on flipping with no money down Tips on finding a mentor How to do 30 deals a year How Elliot finds deals His way of making the world better And SO much more! Links from the Show BiggerPockets Forums Brandon’s Instagram Profile Mindy’s Twitter Profile BiggerPockets Blog 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl Yarber I’m Not Your Guru Netflix BiggerPockets Bookstore Wholesaling Resources Podio Dropbox Open Letter Marketing Gary Vee Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner Finding and Funding Great Deals by Tarl Yarber Investing with Low or No Money Down by Brandon Turner The Millionaire Real Estate Investor by Gary Keller Pitch Anything by Oren Klaff Fire Round Questions How do you secure your rehabs? How do you determine what to do for repairs/improvements? I live in a booming ski town and am looking to flip condos, advice? With all the contracts, documents, invoices, and other paperwork, what is your filing system to stay organized from start to finish? Tweetable Topics: “If you’re asking if you need an inspector, then you need one.” (Tweet This!) “It all has to do with the intent. Is your intent to screw this person or is your intent to do the right thing?” (Tweet This!) “You’ll find really good people in this business who just love people and love helping.” (Tweet This!) “Money is not the most important thing. Friendship and relationships are the most important thing in this business.” (Tweet This!) Connect with Elliot Elliot’s BiggerPockets Profile Elliot’s Facebook Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

In this engaging discussion, Tim Ferriss, author of The 4-Hour Workweek and host of The Tim Ferriss Show, shares his unique perspectives on high achievement and effective investing. He delves into the power of meditation and self-awareness in personal growth, while revealing the patterns common among top performers. Tim also explores his innovative strategies for real estate, emphasizing the importance of turning off distractions and prioritizing impactful actions over mere busyness. Get ready to transform your approach to success!