How many rental properties do you own? It could be one or one hundred rentals. But, whether you’re a rookie or veteran real estate investor, it’s hard to not be impressed by Jason Rash’s story. Jason has put off investing in real estate for most of his working life, focusing more on passive income streams like investing in stocks. This all changed when Jason saw tens of thousands in stock value disappear from his accounts. He wanted something more reliable, stable, and calculated that he could control. Of course, real estate investing fits that criteria exactly. So what did Jason do? Did he go and buy one rental, wait a few years, and then try to buy another? Nope. Jason went and bought ten properties over the span of eight months. That more than one property a month within his first year of investing! Be warned, there is a method to this madness. Jason has a tight control on his long-distance investing, having only the best agents, property managers, plumbers, electricians, and contractors on speed dial. This wasn’t a system he fell into, this was a system he intentionally built. Jason shares his six-part criteria that any new investor can use, especially when trying to minimize headaches and maximize cash flow. In This Episode We Cover: The huge competitive advantage of having local knowledge and a core four Lowering your property management fee while creating a win-win for both parties Seller credits and using them to finance house repairs and upgrades Fighting off “shiny object syndrome” so you can stay focused on your goal Jason’s six-step criteria to buy headache-free houses when investing from a distance Building a scalable, repeatable, simple system for finding, funding, and closing on great deals And So Much More! Links from the Show: BPCON2021 Zillow TEDx Talks: How to Succeed at Doing Anything | David Greene | TEDxRoseville Airbnb BiggerPockets Website David Greenes's Instagram Grant Cardone's Website Check the full show notes here: https://www.biggerpockets.com/show566 Learn more about your ad choices. Visit megaphone.fm/adchoices

Analysis paralysis is always lurking. Even the most experienced investors feel it before they pull the trigger on a new deal, business, or strategy. It’s not to say that careful consideration of an investment isn’t a crucial requirement to success, but the mental stuttering we feel when trying to make a decision can leave us in a foggy stupor. When we feel like this, we do fewer deals, build less wealth, and live our lives half full. Kindra Hall, bestselling author, master storyteller, and real estate investor knows this feeling all too well. She watched her husband struggle with analysis paralysis during the mass foreclosures of the great recession. Thankfully, she and her husband took the time to catch, analyze, choose, and install a better outlook, or story, for their investing future. This type of mental mechanism allowed Kindra and her husband to grow their real estate holdings and buy the beach house of their dreams. In today’s episode, Kindra outlines the four steps every investor needs to go through to create better mental stories that will push you to the finish line, instead of keeping you in investing anxiety. If you’re still waiting to purchase your first investment property, we recommend taking this advice to heart, trying it out, and taking action! In This Episode We Cover: The stories we outwardly and inwardly tell ourselves that could hurt our success How to crush hesitation so you can make the right decision faster Shrinking limiting beliefs about what we can and can’t do The four-step process to redesigning your story and installing a new one How Kindra got a $1M+ beach house for well under asking price And So Much More! Links from the Show BiggerPockets Jobs BiggerPockets Youtube Channel BiggerPockets Forums Airbnb Holmes on Homes (TV Series) Craigslist Amazon Barnes and Noble Robert's Youtube Channel Robert's Instagram Robert's TikTok David's Instagram Seth Godin's Website Check the full show notes here: https://www.biggerpockets.com/show565 Learn more about your ad choices. Visit megaphone.fm/adchoices

Bad tenants? Funding hiccups? Scaling too fast? These are just some of the problems real estate investors have to deal with every day. What’s the prize for all this work? Financial freedom, personal fulfillment, and the time to do what you want, with who you want, wherever you want! It’s no surprise that real estate investing is one of the best ways for the average person to build wealth. But what do you do when things go wrong? Expert investor, agent, lender, and podcast host, David Greene, is joined by short-term rental pioneer and YouTube personality, Rob Abasolo, to answer questions from rookie and veteran investors. These questions are thrown at our experienced hosts without any prep, allowing them to come up with quick solutions that could answer a question you’ve been wishing someone would ask. David and Rob touch on topics that almost every investor will deal with, such as: how to take on private money for the first time, creative ways to fund your rehab, tips for setting up a short-term rental, when to quit your job and pursue real estate full-time, and how to get rid of headache tenants.  In This Episode We Cover: Should you own real estate in an LLC or in your personal name? How to legally (and ethically) raise private capital for real estate deals The best ways to fund a rehab, especially when you’re low on cash The biggest mistake that short-term rental hosts make when setting up their first rental Valuing your time vs. money and when to quit your W2 Inheriting tenants and what to do when renters won’t pay on time (or at all) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Submit Your Questions to David Greene David Greene Team David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show564 Learn more about your ad choices. Visit megaphone.fm/adchoices

Long-distance investing may sound like an impossible feat to achieve for many investors. What if something goes wrong in the house? What if something needs fixing? What if there are problems with tenants? As today’s guest Sarah Weaver puts it, “do nothing”, your core four can handle it all so you don’t have to stress. Sarah knows what she’s talking about—she’s been a nomadic landlord for years now, teaching agents and investors how to grow their businesses while living their dream life. Sarah was able to close on twelve units while operating abroad and working remotely. She was buying fourplexes while hiking in New Zealand, landlording while on the beaches of Bali, and growing her businesses while enjoying everything South America had to offer. Sarah embodies the exact type of life so many investors are looking for. The difference between most investors and Sarah? She let go of fear and kept her goals in mind, no matter what she was doing. This way, she’s been able to retire off of fifteen rental properties in less than a decade while running her own business, traveling, and really doing whatever she wants! In This Episode We Cover: Really long-distance investing and how your boots on the ground team make it possible How to find an investor-friendly agent that will provide big value to your business What agents need to know before they start working with real estate investors  Having a crystal clear criteria and using it easily find real estate deals Medium-term rentals that provide less risk and more rent than long-term rentals The long-distance BRRRR and using it to invest in affordable areas Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder And So Much More! Links from the Show: BiggerPockets Website BiggerPockets Forums Keller Williams Website Airbnb VRBO Facebook Marketplace Furnished Finder Aria Design Services Hospitable (formerly Smartbnb) Personal Capital AirDNA BPCON2021 How to Use the DISC Profile to Communicate Effectively in Business , an article by David Greene Robert Abasolo's Instagram Robert Abasolo's TikTok David Greene's Instagram Craig Curelop's BiggerPockets Profile Matt Faircloth’s BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/show563 Learn more about your ad choices. Visit megaphone.fm/adchoices

“How to invest in real estate?” is a commonly searched-for term across the internet. With home prices continuing to climb and inventory staying low, more people want to know how it’s possible to buy real estate in turbulent times like 2022. It’s no surprise there’s been an uptick in investors—real estate offers consistent, reliable returns, paired with big tax benefits and the ability to scale with ease. But don’t you worry, we’re not going to make you go through all the trips and stumbles uneducated investors have to face. David Greene, host of the BiggerPockets Real Estate Podcast, has made these mistakes for you, so you can achieve financial freedom faster and with less stress. David shares eleven powerful tips that you can use to make 2022 your best investing year yet! He also provides examples from his own investing career on what you should (and should not) do when getting your footing in the investing world. If you pair this information with daily consistent action, you’re in for a phenomenal 2022 (and beyond)! In This Episode We Cover: Eleven powerful tips to make 2022 the best investing year ever Why new year’s resolutions don’t always work, plus a better way to set goals The three keys to success in real estate, life, and business Building out your LAPS funnel so you always have deals coming in  The best real estate investing tools that you should take advantage of A special discount off BiggerPockets Pro just for listeners of this episode And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums David Greene Team Biggerpockets Pro Upgrade (Code: REPOD1) BiggerPockets Pro Exclusive Videos Hustle & Persistence To Build Wealth Through Real Estate | BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene BiggerPockets Store Webinar Slides Webinar Workbook Real Estate Investing Bootcamps BiggerPockets's Instagram BiggerPockets Investment Calculators Foreclosure.com AirDNA Airbnb Email: [email protected] (for refund) Check the full show notes here: https://www.biggerpockets.com/show562 Learn more about your ad choices. Visit megaphone.fm/adchoices

House hacking, renting by the room, co-living, boarding houses? These are all things that author, investor, real estate agent, and expert hacker of houses, Craig Curelop, is used to. Craig got his start in real estate investing by renting out rooms in his own home, having his roommates pay his mortgage for him, and eventually skating on to financial freedom. Craig is joined by another familiar expert house hacker and real estate investor, David Greene, to answer questions around lending, leases, and the legality of raising private money. With so many new real estate rookies in the investing sphere, this episode is a great intro for anyone who’s looking to plan, start, or scale their next real estate investment. Craig and David fire from the hip in this episode, answering questions live with topics ranging from scaling your business while keeping your free time, refinancing on a shared boarding house, raising private capital (equity vs. debt), what to expect when you house hack, and how to rent out your home in the snowy winter. In This Episode We Cover: Establishing your “beachhead” as an investor, business owner, or real estate agent Strategizing your refinance when your home is less than conventional How much interest to promise investors and when to raise capital  Planning your house hack purchase and setting up your home for multiple roommates Precautions to take when renting out your home in the winter And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Submit Your Questions to David Greene David Greene Team David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show561 Learn more about your ad choices. Visit megaphone.fm/adchoices

Co-living (coliving) may sound a bit scary at first to a landlord. You have a bunch of young professionals living under one roof. What if there is an argument over cleaning, what if there is a fight that breaks out, will my property be ripped to shreds? Let today’s guest, Sam Wegert, quell your fears—co-living and house hacking can rake in cash flow, with way less of a landlord headache. Sam is no stranger to entrepreneurship and real estate investing. He bought his own martial art studio at the age of fifteen and his first rental property at nineteen years old. Now he boasts a portfolio of over twenty-two long-term rentals, ten short-term rentals, seven martial arts studios, and one online program. Even more impressive, Sam is managing over 150 different tenants throughout his thirty-two properties. How does he do this without ripping his hair out? Well, aside from the relaxation that comes after an intense sparring match, Sam has systematized his real estate business into a cash-producing machine. He has had to build his own property management and his own policies that help keep him, and his tenants, happy. If you’re looking for your next cash cow rental investment, this could be it!  In This Episode We Cover: Starting a business and buying property at an impressively young age House hacking and why every young investor should try it Keeping the peace in a co-living house and building a bullet-proof lease  What to look for when buying co-living properties (size, bedrooms, bathrooms, etc.) The systems Sam uses to keep his rental property business running smoothly Developing discipline to take on bigger, scarier challenges (and crush them!) And So Much More! Links from the Show: BiggerPocket's The Ultimate Beginner's Guide to Real Estate Investing BiggerPockets Youtube Channel Craigslist Facebook BiggerPockets Youtube: BRRRR and Rent by the Room: Retire from Real Estate with few properties with Ron Gallagher GoBundance PadSplit Apartments.com Salesmate Zillow MLS (Multiple Listing Service) BiggerPockets Podcast 392: $12,500 per Month in ‘Pure Cash Flow’ With Todd Baldwin BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn The Tony Robbins Podcast Craig Curelop's Instagram Craig Curelop's Tiktok David Greene's Instagram Connect with Sam: Life Door Rentals Website UpLevel Martial Arts Website Sam's Facebook Profile Sam's Instagram Sam's Coliving Course Sam's Facebook Page Check the full show notes here: https://www.biggerpockets.com/show560 Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate CRMs (customer relationship management) aren’t the most exciting things to talk about…that is until you look at the results they help build. Before building her own CRM, Stephanie Betters was struggling to grow her real estate portfolio. She had an original goal to acquire fifteen units before her children went to college, but realized that her taxing job as a nurse wouldn’t allow it. For her to hit fifteen units, she would have to scale, automate, and delegate tasks. She did just that and overshot her goal by a significant margin. As of now, Stephanie has 1,000 rental units and is wholesaling and building another 200 deals per year. She’s doing all of this while working as a part-time nurse, which truly shows her real estate system is a well-oiled machine. But, this system wasn’t just dropped into her lap, she had to build it herself using Salesforce as a base. If you’ve been thinking about scaling your business, no matter what stage you’re at, Stephanie has recommendations for how to do so in the best way possible. This includes systems for the novice investor/house hacker up to the streamlined syndicator and everything in between. In This Episode We Cover: Incorporating “real estate tech” at each stage of your investing journey Using CRMs like salesforce to automate your entire business Hiring, training, and leading a team of virtual assistants (foreign and domestic) “Lead leakage” and how it could be costing you thousands every month The three most important KPIs every investor should be tracking Text, email, and other outreach-type automations that will save you time And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Business Podcast Zillow Google Sheets Zapier David Greene Team Podio Asana BiggerPockets Business Podcast 80: Turning Problems Into New Income Streams With Stephanie Betters Salesforce DocuSign Slack Redfin BiggerPockets Calculators Realtor.com Left Main Blinkist Craig's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/show559 Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow is arguably the most important metric in real estate investing…that is if you’re talking to novice investors. Expert investors, like David Greene, know that cash flow is but one of many factors to consider when buying a rental property, and it’s arguably the least important. While rookie investors focus on building their cash flow, veterans focus on building their wealth while freeing up their time. On this week’s episode of Seeing Greene, your jiu-jitsu and real estate sensei is back to drop some wealth-building bombs so you can work less, live more, and lead a happier life. David takes questions in the form of video submissions as well as questions off of the BiggerPockets forums. The topics of these questions range from HELOC (home equity lines of credit), buying rentals without a W2, cash flow vs. appreciation, and why rent appreciation isn’t matching home appreciation. Want to ask David a question? Send in your video submission here! In This Episode We Cover: When to use HELOCs, hard money loans, or conventional loans to buy rentals How to find financing for a rental when you don’t have W2 income What sellers look for when deciding on which offer to take How to lower your DTI (debt-to-income) ratio so you can qualify for more loans Whether or not to focus on cash flow or appreciation for long-term wealth building Why rent growth cannot and will not match home price appreciation And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search Submit Your Questions to David Greene David Greene Team BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow — BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions Click here to check the full show notes: https://www.biggerpockets.com/show558 Learn more about your ad choices. Visit megaphone.fm/adchoices

Raising capital for real estate investing is a far more useful skill than most people realize. If you have a strong knack for networking and the social skills to connect with many different individuals, you could be the exact piece that almost every investor is looking for. As more investors get into the hot commercial real estate market, they’ll need private capital to fund their deals. So who better than you to connect the investor and the deal finder for a piece of the cash flow pie? If you’re worried about the time commitment of raising capital, let us introduce you to Esther Reizes-Lowenbein, who not only worked as a broker, capital raiser, and investor but also is raising her eight children while doing it. Fortunately for Esther, raising capital is something she loves to do, as she has a strong communication background with her former training in speech pathology. If you’re getting the itch to start investing in bigger deals, but don’t know how to get started, Esther can help. She walks through the different roles in commercial real estate, whether to invest, syndicate, or stick with small deals, and how to become a capital raiser yourself (the right, legal way). In This Episode We Cover: General partners, limited partners, and every commercial real estate role in between Whether to invest, syndicate, or continue to buy small deals yourself How to legally (and ethically) become a great capital raiser The biggest mistakes commercial brokers make early into their career The hottest property types and which you should look into for 2022 The Achilles heel of most short-term rental deals  And So Much More! Links from the Show: BiggerPockets Forums BiggerPockets Podcast 518: The Biggest Takeaways from BPCon 2021 | Live Host Panel from NOLA BiggerPockets Podcast 366: 40 Doors in the First 2 Years with Henry Washington BPCON2021 - New Orleans Airbnb Henry Washington's Instagram David Greene's Instagram Check the full show notes here: https://biggerpockets.com/show557 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re rehabbing a rental, performing a BRRRR, building an ADU, or even getting into new construction, now is a challenging time for you. With supply chain problems, limited materials, and all-time high housing prices, contractors are in low supply. Even when you do schedule a project, the likelihood of your contractors showing up on time can be slim at best. David Greene is back with another round of coaching calls to give his take on this current contractor crisis, as well as answer questions on the BRRRR strategy, the turnkey rental method, going over budget, and how to stay focused when investing. If you’ve struggled at all with anything related to calculating rehab budgets, liens on properties, and managing contractors yourself, be sure to write down David’s suggestions. Have a question about real estate investing you want to ask David? Want to help other investors in your position? Submit your question here!  In This Episode We Cover: Whether or not the turnkey rental model is built to scale your portfolio Why capital is crucial when investing in real estate over the long-term Breaking down the BRRRR strategy and walking through the more difficult steps What to do if your rehab job goes over budget (and how to make it a win!) Backing out of a contract when a lien has been placed against a home Where (and how) to find reasonable, timely, and available contractors  And So Much More! Links from the Show BiggerPockets Forums Submit Your Questions to David Open Door Capital BiggerPockets Facebook Group David Greene Team Real Estate Rookie Podcast BiggerPockets Youtube Channel David's Instagram Check the full show notes here: https://biggerpockets.com/show556 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’ve got real estate investing questions, David Greene and Henry Washington have answers. These two real estate investors have been through the good times and the bad times, dealing with dozens of tenants, plenty of 2 AM maintenance calls, and all the fun that comes along the way. Today, they open up their minds to help share answers to some of the most asked real estate questions. These questions were taken directly from real estate investors, just like you! You’ll get to hear exactly how David and Henry answer tough questions like these, on the spot, with no preparation. If you’ve been itching to ask a question to a high-level investor like David or Henry, stick around, as they might answer your question on today’s episode! Want to ask a question next time? Submit yours at biggerpockets.com/david!  In This Episode We Cover: How to buy properties in an expensive market (and still cash flow!) Whether or not you should convince a seller to owner-finance you a deal Saving up down payments vs. using HELOCs (home equity lines of credit) to purchase your deals When the right time to jump into real estate is (and how much you should have saved) Whether or not you should buy a house that’s on a septic tank How to finance more properties when you’ve personally maxed out your DTI (debt-to-income ratio) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search Submit Your Questions to David Greene David Greene Team David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show555 Learn more about your ad choices. Visit megaphone.fm/adchoices

Profitable on-market properties are all around you, you just need to take the time to look. Oh, we hear what you’re saying, “all those on-market properties are bad deals!” While not all properties sitting on the MLS are home runs, today’s guest Cody Davis can confirm there are multiple cash flowing needles in the public housing market haystack. Cody and his partner have been able to grow their portfolio to eighty-one units, all through seller financing and all found on-market. These deals not only cash flow but once paid off will allow Cody to retire not only himself but his mother as well. Did we mention that he’s twenty-one years old at the time of this recording? Another under-thirty-expert to add to our list of impressive guests! While many investors give up after initial pushback over seller financing, Cody goes one step further by having the investor emotionally invest in his success. No tacky sales methods or pushy conversations—just honest work with a clear vision that a seller can relate to. Cody is top of his class in terms of managing properties, acquiring new ones, and working with sellers—a guest ANY investor can learn a lot from! In This Episode We Cover: Picking yourself up after a deal falls apart and finding another “Relationship marketing” and how it helps sellers finance your acquisitions Raising private capital and being sure your cash flow outweighs your debt Having a crystal clear vision and using it to fuel all your acquisitions Managing a property in-house vs. hiring a third-party property manager  Why cap rate may be an over-hyped, often useless metric when looking at commercial real estate Finding real estate deals on-market when there are “no deals to be found” And So Much More! Links from the Show: BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums MLS (Multiple Listing Service) Website LoopNet The Office (TV show) The Office Parkour in YouTube AppFolio Property Management Tiktok Click here to check the full show notes: https://www.biggerpockets.com/show554 Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s the new year, and that means it’s time for 2022 housing market predictions! Recently, Redfin compiled a list of their ten top 2022 housing market predictions ranging from things like interest rate bumps, to rent hikes, housing price cooldowns, and more. But, are these predictions realistic, and if so, how should investors prepare for them to come true? David Greene and Dave Meyer are back again to take a look at five of these ten predictions and give their informed, battle-tested opinions on which have the potential to come true. Dave has spent probably every day of the past year looking at housing market data and investing himself. David on the other hand has been running multiple businesses in the real estate vertical, allowing him to see directly what is happening in the market. With the Dave-duo back in the podcasting saddle, you’ll be able to make wiser investment decisions this year while following the “pendulum swing” of wealth-building in real estate! Have a happy, healthy, and wealthy 2022! In This Episode We Cover: What happens when interest rates start to rise in 2022? Will new listings hit a 10-year high as housing demand stays steady? What will rent hikes look like as inflation roars onward? Whether or not investing in condos could be the underrated real estate play of the decade Investing in the metaverse and buying virtual real estate Hedging inflation by making smart, informed real estate purchases And So Much More! Links from the Show BiggerPockets Forums Redfin Submit Your Questions to David Dave Ramsey's Website BiggerPockets Podcast on Apple The Big Short Minecraft Second Life Decentraland Sandbox Email Us: [email protected] David's Instagram Check the full show notes here: https://www.biggerpockets.com/show553 Learn more about your ad choices. Visit megaphone.fm/adchoices

2022 goals are coming upon us. If you haven’t done so already, it may be a great time to sit down alone, with your partner, or with other fellow investors to come up with a rock-solid game plan for this next year. We all want toacquire more units, see higher appreciation, and rake in more cash flow, but without a system and plan to catapult momentum, it’ll be hard to achieve what we dream of. That’s why David Greene, your new head host of the BiggerPockets Podcast, is here to help you build smart, scalable, accomplishable goals so you can crush 2022 and beyond. David also invites fellow investors, business owners, and entrepreneurs onto the show to have a live Q&A about running a business, cash flow vs. appreciation, developing an investor mindset, dealing with past goals you haven’t accomplished, and accelerating your portfolio growth. In This Episode We Cover: David’s 2022 investing, business, and personal growth goals How to not get bogged down in the day-to-day of your business Keeping up the momentum throughout the year and celebrating small wins Where to invest if you’re looking for long-term cash flow What to do if you don’t hit your goals in 2022? How to grow your portfolio and build capital to tackle more deals And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Youtube Channel BiggerPockets Talent Search Submit Your Questions to David Greene David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/show552   Learn more about your ad choices. Visit megaphone.fm/adchoices

Brandon Turner has been an essential part of the real estate investing community for almost a decade. Some could say that he is THE person most thought of when you say “real estate investing”. But, in a both sad and happy way, Brandon is taking time off from the BiggerPockets Podcast to spend more time with his family, build his business, and surf significantly more. Due to the magnitude of the occasion, we brought in BiggerPockets’ founder, Joshua Dorkin, to help hand off the keys to the castle to your new show host, David Greene. Brandon, David, and Josh spend this show talking about burnout, identity, the cost of comparison, wealth building, new year's resolutions and goals, and how to become a better person, bit by bit, every day. We will miss hearing Brandon’s metaphors, jiu-jitsu references, and real estate horror stories from years ago, but we wish him the best of luck on his new ventures and hope to hear him back on the podcast soon with an update. For everyone but Brandon, stick around for new show formats with brand new co-hosts and content that you, the BiggerPockets community, have been asking for. In This Episode We Cover: Why burnout can be dangerous and often deceiving on your journey to success Separating your identity from your occupation and being more than just an investor The cost of comparison and why being content is the ultimate sign of success The “Wheel Of Life” practice to help you analyze where you are lacking 2022 goal setting and resolutions, and whether or not they work Advice on podcasting and taking the reins from Brandon Turner and Joshua Dorkin And So Much More! Links from the Show: BiggerPockets 2022 Wheel of Life BPCON 2021 Hustle & Persistence To Build Wealth Through Real Estate | BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene BiggerPockets Podcast 421: Family Over Everything: How Life Forced BP Founder Joshua Dorkin to Reevaluate His Choices BiggerPockets Podcast 092: No (and Low) Money Down Real Estate Investing with Brandon Turner BiggerPockets Bookstore Zillow Tiktok Uber Open Door Capital Derek Sivers' Website The 'Birds Aren't Real' Conspiracy Movement GoBundance Live with Kelly and Ryan Check the full show notes here: https://www.biggerpockets.com/show551 Learn more about your ad choices. Visit megaphone.fm/adchoices

Tommy Christy has bought more homes than most investors you know combined. While he didn’t have to put up his own money to close on the deals, he did go through the process of lead generating, offering, auctioning, analyzing, and finally closing on them for his hedge fund employer. He was able to score twenty-seven hundred homes in just over two years, before realizing it was time for him to build his personal portfolio a bit more. When the market crashed in 2009, Tommy saw an opportunity to buy homes at a significant discount. He was essentially buying anything under sixty thousand dollars in California, which turned out to be a good idea seeing how much the state has appreciated in the past twelve years. Tommy knows what it takes for the hedge funds to buy a great deal, but he also knows what they’re overlooking. Even if you’re not planning on buying two-thousand plus units in two years, Tommy’s knowledge of “buy boxes” and systematizing your lead flow can help you reach a significant unit count, much faster. If you want to partner up on a deal, have a chat, or wholesale a home, get in touch with Tommy at [email protected]! In This Episode We Cover: REOs vs. foreclosures vs. pre-foreclosures (and which you should look out for) Creative financing and understanding which type falls into which market cycle Developing your “buy box” and “crystal clear criteria” for real estate deals Thinking like a hedge fund so you can beat them at their own game How to scale your portfolio so you don’t just have more units, but less work Where to find the best lead sources so you can buy, BRRRR, or wholesale as you see fit And So Much More! Links from the Show BiggerPockets Forums GoBundance Zillow David Greene's Company BiggerPockets Show 551 with Josh Dorkin Wells Fargo Property Radar BiggerPockets Youtube Channel BiggerPockets Podcast 527: 300 Doors, 100% Creative Financing with Pace Morby Sacramento Bee Invitation Homes Zillow Open Door Capital BiggerPockets Podcast 543: 5 Tools To Unlock Your “Ideal Life” w/ “Traction” Author Gino Wickman Josh Dorkin BiggerPockets Podcast 325: From Major Business Failure to Buying 20 Houses a Month With Aaron Amuchastegui Jeff Brown's BiggerPockets Profile Supermarket Sweep Check the full show notes here: https://www.biggerpockets.com/show550  Learn more about your ad choices. Visit megaphone.fm/adchoices

Maria Friström is an investor, designer, mother, and business owner from Finland, and she’s one of the only few people that can match Brandon Turner in height. Maria was working in Silicon Valley before she voluntarily left her position to build an empire of her own. She took her down payment savings for a primary residence and on a whim bought a rental property in Fort Collins, Colorado. She and her husband then decided to move to Finland to raise their children. Through some challenging life events, Maria was left heartbroken and grief-stricken, with a business that became a full-time job for her. She wanted to express her creativity via design, so they decided to move back to America to flip their first rental property in Colorado. Maria’s inspiring story is a testament to how real estate investing can pull you out of financial, emotional, and mental depths. She has built a real estate empire worth well over two million dollars and has the financial freedom to spend time where she wants, with who she wants, doing what she wants. In This Episode We Cover: How to build your real estate portfolio without building yourself a job Using real estate as a hedge against high taxes  Presenting investment opportunities in a professional, efficient way Healing after heartbreak and using your passions to bring you mental clarity  The 4 keys to raising capital for real estate investing (whether it be banks, private money, etc.) Why you should always be willing to eat the shiz sandwich  And So Much More! Links from the Show BPCON2021 BiggerPockets Real Estate Podcast BiggerPockets Talent Search BiggerPockets on Audible BiggerPockets on Twitter BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Pro Membership Brandon Turner’s Instagram David Greene’s Instagram Open Door Capital BiggerPockets Podcast 485: Atomic Habits That Help You Achieve Unthinkable Success w/ NYT Best Selling Author James Clear How to Retire Early With Real Estate & Do What Matters More with Chad Carson How to Use the DISC Profile to Communicate Effectively in Business Click here to check the full show notes: https://www.biggerpockets.com/show549 Learn more about your ad choices. Visit megaphone.fm/adchoices

Your real estate partnership may be closer than you think. Maybe it’s that seller you’re talking to on craigslist, maybe it’s your home appraiser, or maybe it’s someone you meet at a sketchy real estate investing company. Mike Nuss and Tyler Combs never planned on becoming partners when they linked up to discuss a potential sale of a property. But, when fate put the two together again in the same company, they decided to split off and use their complementary skill sets to build a real estate empire. Mike brought the acquisitions and property management side to their business, while Tyler focused on managing and selling flips. Together they brought the rocket fuel of profit and cash flow to their growing business. Now, they’ve acquired more than eighty units and aren’t planning on stopping any time soon. Mike and Tyler built their business on the back of strong investor relationships, truthful and honest work, and the ability to find seller finance deals. With the combo of creative financing, marketing, and hard work, they’ve become real estate leaders in their area with an expanding portfolio, team, and strategy. In This Episode We Cover: How to vet someone who’s raising capital for a real estate investment Combining flips and rentals to maximize growth in real estate  Using seller financing to acquire more units with less money upfront Creative financing options like subject to, raising private capital, and more “Land Banking” and using it to set up your portfolio for future success Becoming a master in your field and going a mile deep on your strengths And So Much More! Links from the Show BPCON2021 BiggerPockets Real Estate Podcast BiggerPockets Talent Search BiggerPockets on Itunes BiggerPockets on Audible BiggerPockets on Twitter BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Pro Membership Brandon Turner’s Instagram David Greene’s Instagram Open Door Capital BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan BiggerPockets Podcast 297: Mastering the Decision-Making Process with Business (and World Series of Poker) Champion Annie Duke Click here to check the full show notes: https://www.biggerpockets.com/show548 Learn more about your ad choices. Visit megaphone.fm/adchoices

Buying and selling real estate portfolios isn’t what Omni Casey was raised to think about. As a middle child in a large family, Omni was never given the “investing talk” and was often surrounded by people who thought landlords were greedy. But, Omni had the entrepreneurial spirit, and through trial and error, found real estate investing to be the most reliable, practical, scalable, and fun business around. He started with a single “condotel” in his native state of Hawaii before branching off into out-of-state investing. For most of the past two decades, Omni never spoke about his investing career to those outside of his immediate family. It wasn’t until recently that he started the “Cash Flow Breakfast Club” for agents in his brokerage to talk about investing, financial freedom, and generational wealth. Now, with over one hundred properties, Omni is on a mission to purchase fifty-two properties in fifty-two weeks! Although it’s not the end of the year just yet, we’re quite confident that he and his team will successfully cross the finish line. In This Episode We Cover: How to get into real estate when your family doesn’t openly talk about money Finding a mentor and using their expertise to propel you forward Purchasing real estate in expensive markets and when to value appreciation over cash flow The questions to ask a potential property manager in a new market Buying and selling real estate portfolios to create a win-win for both parties 2022 market predictions and why you shouldn’t depend on today’s political environment The “Cash Flow Breakfast Club” and Omni’s new book And So Much More! Links from the Show: BPCON2021 BiggerPockets Real Estate Podcast Cashflow Board Game Click here to check the full show notes: https://www.biggerpockets.com/show547 Learn more about your ad choices. Visit megaphone.fm/adchoices

Adversity tends to breed ingenuity and genius. More often than not, smart and capable individuals will find a way to use their hardships as fuel to build something better. This is exactly what house flipping, wholesaling, and rental property-owning partners Noah Evans and Jeff Fawson did. Noah and Jeff were both following different paths to real estate success, taking on apprenticeships under investors who had already made it big. It wasn’t until Jeff was doing some work on Noah’s house that the two began talking, realizing they had the same type of past conflicts and saw each other’s strengths as their own weaknesses. Now, they’re building a systematized, scaling real estate business, operating in multiple markets, and bringing in not only flipping and wholesaling profits but generational wealth-building cash flow. Noah and Jeff discuss how they research markets for investing, systematizing fix and flips down to a point-by-point checklist, and how to make networking beneficial (instead of a drag). In This Episode We Cover: Using your past struggles to fuel your future success in real estate and life Networking in a way that truly adds value to other investors’ lives Finding a partner who matches your weaknesses and struggles in your strengths How to identify and research a new market for real estate investing The systems and tools that Noah and Jeff use to run their scalable business Paying attention to personal progress, instead of the dollar amount on a deal How ripped BiggerPockets founder Josh Dorkin has become And So Much More! Links from the Show BiggerPockets Talent Search BiggerPockets on Itunes BiggerPockets on Audible BiggerPockets on Twitter BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Pro Membership Brandon Turner's Instagram David Greene's Instagram Open Door Capital GoBundance Chasing Freedom Website Click here to check the full show notes: https://www.biggerpockets.com/show546 Learn more about your ad choices. Visit megaphone.fm/adchoices

Sergio Altomare didn’t start out investing in self storage. He made a massive leap, making lots of mistakes along the way until he found this gold mine of an asset class. For years, Sergio was buying small multifamily properties, one of them being a “monster house” which he later had to sell due to some serious zoning issues. Once he was introduced to syndications, he knew he could take his portfolio higher, without the headaches of large multifamily. Now, Sergio has twelve self storage facilities, with a combined valuation of close to $40M. He’s been able to increase his equity by many, many millions with simple value-add strategies like increasing rent, paving parking lots, and installing key-accessible gates for his customers. This isn’t the regular value-add you’re used to with granite countertops and freshly tiled showers; self storage value-add can be minimal with massive results. Sergio also dives into his long-term exit plans—something every investor should be thinking about. Are you planning on selling your properties one by one to the highest bidder, or will you package them up and walk away with a huge payday? In This Episode We Cover: What a multifamily “monster house” is and why you should avoid them Zoning laws and how they can affect your long-term profit The pros and cons of investing in self storage facilities  What to look for in self storage facilities and other types of commercial real estate How to raise money for your deals (even if you’re a new investor) Defining your exit plan so you can walk away rich after building your portfolio And So Much More! Links from the Show: BiggerPockets Talent Search BiggerPockets on Itunes BiggerPockets on Audible BiggerPockets on Twitter Facebook Ads Google ads Radius Plus U-Haul's Facebook page Blackstone Open Door Capital Bird-in-Hand Self Storage The Real Estate InvestHER Facebook Community GoBundance Hearthfire Self Storage BiggerPockets Podcast 388: The 7-Step “Playbook” for Scaling Your Real Estate Business With AJ Osborne BiggerPockets Podcast 286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne Paul Moore's BiggerPockets Profile Ashley Wilson's BiggerPockets Profile Liz Faircloth's BiggerPockets Profile Check the full show notes here: https://biggerpockets.com/show545 Learn more about your ad choices. Visit megaphone.fm/adchoices

Cameron Herold developed the “Vivid Vision” format years ago, allowing not only him but other high-level business leaders to peek into the crystal ball of their futures. This vision doesn’t magically come true once you write it out, but mysteriously, those who craft a "Vivid Vision" accomplish, if not exceed, their goals for the future. No one is more deserving of a call with Cameron than J.B. Klein, our winner of BPCon 2021’s coaching call giveaway. J.B. scaled quickly over the past year to hit a respectable unit count, but he’s feeling traction slip out from under his feet. J.B. wants to ensure that his business is set up to grow if he intends to acquire many multiples of his current portfolio. To that end, JB crafted a Vivid Vision, and a team of copywriters at Conscious Copy helped turn it into a masterpiece! This call between Cameron and J.B. is a massive resource to anyone investing in real estate, regardless of business size or experience. Cameron is a highly sought-after business coach and he makes clear, direct points that any listener of The BiggerPockets Podcast can take and expand upon to make their lives more fulfilling. In This Episode We Cover: How to craft your three-year “Vivid Vision” of a future business Describing and defining your why behind business growth, passive income, and freedom Building strong relationships with your team, partners, and investors Minimizing anxiety and sleepless nights as a stressed-out leader Delegating any task that doesn’t include your “genius”  Setting up the core values of your business and sticking to them And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Conscious Copy (Vivid Vision Copywriting Team) Open Door Capital BPCon 2021 Keller Williams Realty 1-800-GOT-JUNK? Invest in Your Leaders Course The Second-in-Command Podcast Harley-Davidson David Osborn's Personal Website JB's Vivid Vision Check the full show notes here: https://biggerpockets.com/show544 Learn more about your ad choices. Visit megaphone.fm/adchoices

Gino Wickman’s name is synonymous with business growth, entrepreneurship, and freedom. He spent the majority of his youth building up his father’s company to later sell it for a substantial sum. After teaching others how to do the same, Gino took the time to write books that would pave the way for future entrepreneurial success. Books like Traction, Rocket Fuel, Get A Grip, and his newest book, The EOS Life.  In it, Gino describes the five points of an ideal life: doing what you love, with people you love, making a huge difference, being compensated appropriately, and having time for other passions. Sounds like paradise doesn’t it? Well, if you’re an entrepreneur (or a want-to-be entrepreneur), this “ideal life” is perfectly within your grasp. On today’s show, Gino walks through how any entrepreneur, nine-to-five worker, or business owner can hit all five of these points and live a truly fulfilling life. Gino mentions five separate tools that can help you along your journey to an ideal life, but the most important piece of this entire show is how you have to put up the risk to take away the reward. In This Episode We Cover: Why Gino created EOS (Entrepreneurial Operating System) for business owners Whether or not you have the six essential traits of an entrepreneur  The five points of living an ideal life (and why they’re closer than you think) Dropping your $25/hour tasks and starting to focus on $1,000+/hour tasks  Understanding that reward does not come without sufficient risk  Why time off from work can fuel better ideas and help you enjoy life more And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rental Property Calculator BiggerPockets Pro Membership - Use discount code: podcast21 BiggerPockets Blogs BiggerPockets Forums BiggerPockets Webinars BiggerPockets Real Estate Podcast BiggerPockets Books by Brandon Turner BiggerPocket's Ultimate Beginner's Guide to Real Estate Investing Open Door Capital Brandon's Instagram David’s Instagram EOS Website Click here to check the full show notes: https://www.biggerpockets.com/show543 Learn more about your ad choices. Visit megaphone.fm/adchoices

Billy Dha Kidd is better known for his rapping than his real estate skills, but both careers are worth celebrating. Billy’s early life was anything but comfortable — growing up in El Salvador, he was used to no running water and no electricity. He likes to say that he didn’t start at zero but started at negative one-hundred. Billy’s family immigrated to the United States when he was 10 years old, moving first to California and then later to Nebraska. As a teenager, Billy began rapping as a way for him to express himself but found he loved the craft. Rapping allowed Billy to fill his time with something positive, instead of taking the wrong path many of his friends were on. His rap taught him sales skills, business skills, how taxes work, and most importantly, how to make money. Reading stories of generational wealth, Billy was compelled to start investing in real estate. He got his first deal, learned a lot about the BRRRR strategy, and continued to put his knowledge to work. Now, he’s sitting on twenty-two doors between eighteen different properties. He gives credit to simply taking responsibility for his outcomes, instead of blaming others or the system around him. In This Episode We Cover: Building wealth even if you started with a disadvantage Developing sales skills and using them when buying and selling properties Generational wealth and why it means more than just getting rich Finding deals both on and off-market for the BRRRR strategy The biggest hurdles that come with owning a large rental portfolio  Creating a sellable, scalable business so you work less and make more And So Much More! Links from the Show: BiggerPocket's Ultimate Beginner's Guide to Real Estate Investing Open Door Capital BiggerPockets Podcast 537: 10 Best Books for Real Estate, Health, and Wealth Brandon Turner's Instagram Universal Music Group Myspace MLS (Multiple Listing Service) Zillow Realtor Wells Fargo Bank Chase Bank The One Brokerage - The David Greene lending team Check the full show notes here: http://biggerpockets.com/show542 Learn more about your ad choices. Visit megaphone.fm/adchoices

Will inflation sink real estate? Is Zillow out of the iBuyer game? And why does my cash offer mean less than it did last year? Dave Meyer, VP of Data and Analytics at BiggerPockets, has heard your questions through BiggerPockets forum posts, YouTube videos, and on Instagram. This data-loving sandwich connoisseur is back to walk you through the biggest stories in real estate. As incredible as Zillow Offers was, it looks like it won’t be around any longer (at least for a while) since having a half a billion-dollar loss in Q3 of 2021. With Zillow’s exit from the iBuyer and flipping market, other big players like Opendoor and Offerpad have come in to fill the gap. But, what about the new “Power Buyers” in the market? Will they help or hurt real estate investors? We’ve also seen a run-up in inflation over this past year, causing home prices to artificially soar (especially when paired with low interest rates). So what is the best move for a real estate investor to make in today’s market? Take advantage of low-interest mortgages and all-time high rent prices, or wait for a supposed housing market crash or correction? In This Episode We Cover: Why Zillow cut their losses and exited the iBuying arena The new “Power Buyers” in the housing market and how they could help investors like you What a 30-year high inflation rate means for asset prices How to take advantage of record-low interest rates for long-term cash flow The cities in the US with the highest growing rent prices  What to look for in a rental depending on your estimated retirement age And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Zillow iBuyer Opendoor Offerpad Redfin BiggerPockets Podcast 480: Making $200k a Month After Being on the Verge of Bankruptcy Knock.com Orchard Homeward Band Protocol Check the full show notes here: http://biggerpockets.com/show541 Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you build massive wealth while keeping your passions, family, faith, and bank account intact? Successful real estate investors will tell you the same thing: you need to automate and systematize to make time for it all, and they aren't kidding. Whitney Sewell was working as a cop when he got his start in real estate. Looking at his $35,000 salary, he realized that the long hours and tiresome, but enjoyable work, wouldn’t allow him financial freedom. Whitney wanted more time with his kids, his wife, and his beloved horses. So, he started attending every real estate conference he could go to, networking with anyone who owned any amount of real estate. He hired a performance coach, built a successful podcast, and flipped his limiting beliefs on their head, so he could tackle big deals. In only three years, Whitney built a real estate empire with over $300M assets under management. Part of his personal profits are donated to help adopted children and those who need adoptive parents. Whitney talks about how his faith and social goals have played a huge part in his real estate and how doing good must be the driving force behind wealth accumulation. In This Episode We Cover: Why it’s important to “overcommit” if you really want to succeed in real estate The “most dangerous book to reach on a beach” Why your network is your net worth and pushing yourself to connect with other like-minded investors Why wealth and faith don’t need to contradict each other Giving yourself the “thinking time” to spawn new, ingenious ideas Outsourcing and upgrading your business so you can make more while loving life And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Pro Membership - Use discount code: podcast21 BiggerPockets Blogs BiggerPockets Forums BiggerPockets Webinars BiggerPockets Real Estate Podcast BiggerPockets Books by Brandon Turner The Official BiggerPockets Facebook group BiggerPockets Podcast 401: Follow these Steps to Get People to Know, Like, and Trust You with Jordan Harbinger BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless Harley Davidson Straight Path Horses Website Click here to check the full show notes: https://www.biggerpockets.com/show540 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re looking to buy your first (or next) rental, you’ve come to the right place! BiggerPockets was founded to help real estate investors network, build their skills, and grow their portfolios. In today’s episode, master of multifamily and all things rental-property related, Brandon Turner, shares how you can build momentum and get your next deal under contract. By overcoming the three roadblocks of real estate investing, you’ll be able to scale your portfolio to heights you’ve never imagined. Achieve financial freedom or surpass it entirely with intelligent, consistent investing so you (and your family) can live a life you love. If you’re ready to get started, grab your notepad and pen. Brandon is about to show you why your next investment property is within reach! In This Episode We Cover: How to get your first (or next) real estate deal under contract Defeating the three roadblocks of real estate investing and using them to grow a sizeable portfolio Why the first few deals matter (and why they definitely don’t) Using daily consistent action to build a system that works on your behalf Why most people want to invest in real estate but never do How to analyze a rental property deal in five minutes (even if you’re brand new!) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rental Property Calculator BiggerPockets Pro Membership - Use discount code: podcast21 BiggerPockets Blogs BiggerPockets Forums BiggerPockets Webinars BiggerPockets Real Estate Podcast BiggerPockets Books by Brandon Turner BiggerPockets PRO Exclusive videos The Official BiggerPockets Facebook group BiggerPockets Podcast 437: How Your “Worst Case Scenario” Can Set You Free From a Job You Hate with MarieForleo Doug Nordman's LinkedIn Profile Joshua Dorkin's Website Open Door Capital Brandon Turner's Instagram MLS (Multiple Listing Service) DealMachine Driving For Dollars Uber Eats PropStream ListSource BeardyBrew Coffee Website Dave Meyer’s Blog Content Check the full show notes here: https://biggerpockets.com/show539 Learn more about your ad choices. Visit megaphone.fm/adchoices

Not everyone will love commercial investing, mixed-use buildings, flipping houses, BRRRRing, or even traditional buy-and-hold rentals. But you’ll probably find one type of real estate class that you absolutely love. It may take you some time, but if you’re able to find a property type that sparks your creativity, all while providing positive cash flow, you’ll know you made it. Katie Neason definitely didn't love government-subsidized rentals. She dreaded the phone calls, the repairs, and the unresponsive tenants. Katie thought that upgrading her investing strategy to multifamily housing would solve the problems. Unfortunately, after buying some fourplexes, she realized that too wasn’t for her. After trial and error, Katie found her true real estate loves: flipping, developing, and mixed-use buildings. So, she went into all three and is doing phenomenal! Katie shares a special Deal Deep Dive where she walks through a degraded downtown building that is now the talk of the town due to her smart negotiating, creative redesigns, and ability to use her network to fund the deal! In This Episode We Cover: Why it’s important to find the real estate classes you truly enjoy working on Understanding the positives and negatives that come with subsidized housing Revitalizing a downtown through smart planning, designing, and financing  Taking action so you can achieve “hockey stick” growth in real estate Working with the city so you can collectively build something that adds value to the community How to negotiate so both the buyer and seller walk away with a win And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BPCon 2021 David's Instagram BiggerPockets Store Open Door Capital The Self Storage Conference Maui Masterclass with Brandon Turner and Tarl Yarber Noah and Jeff's Episode (coming soon!) BiggerPockets Podcast 511: Getting Your Market, Money, and Mindset Right | 3 Coaching Calls! How to Invest in Real Estate—The Ultimate Show for Getting Started with Josh Dorkin, Brandon Turner, and 11 Rockstar Investors BiggerPockets Webinar JDC Mindset Academy Audible BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming BiggerPockets Podcast 365: Ret. Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership (+ His Real Estate Investing Tips!) Josh Dorkin's Instagram Check the full show notes here: https://biggerpockets.com/show538 Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes the best real estate books aren’t about real estate at all. Or at least, that’s what Brandon and David found out. After rummaging through their bookshelves, Brandon and David decided to give listeners their top ten books that allowed them to reach financial, spiritual, and personal success. Some of these books include classics you’ve heard mentioned on the show before, while others are centered more on human happiness, problem solving, or relationships. What’s important to know is that these books can help anyone, no matter what stage of the investing journey they’re in. Whether you’re a veteran or rookie, reading a simple concept, sentence, or quote can fundamentally shift how you think about life and investing. Brandon also runs through a dozen more book recommendations at the end of this episode, so if you’ve already read through the top ten, hang around for that! In This Episode We Cover: Brandon and David’s top ten book list (for any type of investor!) Understanding the different parts of the brain and using it to build better arguments and strengthen relationships  Tweaking the “rules of the game” you’re playing in relation to wealth and happiness Taking on extreme ownership and using it to become a better leader Developing confidence and how to do so when you’re feeling lost Communicating more effectively and allowing others to see through your perspective And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums Open Door Capital BiggerPockets Events BiggerPockets Facebook Group BiggerPockets Store BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan https://www.biggerpockets.com/show537 Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing can feel complicated, even when you’re doing well. There’s usually a time when every investor hits an invisible wall and moving on to the next deal, partnership, or business can feel like a slog. When this happens, it’s a good idea to lean on experienced investors who have been through these waves of success, failure, and stagnation. Brandon Turner, host of The BiggerPockets Podcast, is back with live one-on-one coaching calls with three different investors, all experiencing some form of investor paralysis. Brandon talks to Mike who’s having trouble letting go of control on rehabs, Stephanie who’s had past success but can’t pick her next move, and Sterling who wants to build organic relationships with sellers. These three investors are in three completely different parts of their real estate investing journey, but all share some of the same headaches. Brandon walks each of them through their predicaments while illuminating some paths forward that could yield them more money, less headache, and a larger portfolio. In This Episode We Cover: Always thinking of yourself as “the general” and not a foot soldier in the war Prioritizing time with family over simple outsourceable tasks Why real estate investors need to go “a mile deep” to survive in 2021 (and beyond!) Building organic relationships with off-market sellers Systematizing an outreach network and drip campaign that allow deals to come to you And So Much More! Links from the Show: BiggerPockets Youtube Channel Jason Drees' Website Open Door Capital Etsy ebay Audible Joe Fairless' Best Ever Conference Website BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming BiggerPockets Podcast 409: Giving Yourself Permission to Go BIGGER: the “Bluefishing” Mentality with Steve Sims Brandon Turner's Instagram Brandon Tuner's TikTok David Greene's Instagram Check the full show notes here: https://www.biggerpockets.com/show536 Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show: a coaching session with David Greene and the winner of a charity auction at BPCon, Carla Holmes from Yellow Square Properties. Carla is a long-time investor and rookie to commercial investing. She's been cautious with her real estate investing and never took on debt after she went through foreclosure during The Great Recession. Now, she sits on over a million dollars in equity, spread across multiple properties in the Carolinas. Her recent acquisition is a 4.5-acre commercial property that she’ll convert into a parking lot for big rigs in her area. Since this is a brand new real estate class she’s entering into, Carla wants to be absolutely sure she’s crossing all her t’s and dotting her i’s. David walks her through a live analysis going over the hurdles, work, expenses, and income that this property will bring in. He also helps Carla debate whether selling, refinancing, or keeping her current properties is best based on her one-year financial independence goal. In This Episode We Cover: How to analyze a commercial property from scratch with limited property information Identifying the drawbacks and new potential income stream opportunities on a property Why so many frugal investors avoid debt, even if it could be of benefit to them Why you shouldn’t “hit the cones” when investing in a new real estate class  Thinking multiple steps ahead when making a move in real estate And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BPCon 2021 Craigslist Facebook Marketplace David's Instagram BiggerPockets's Instagram Check the full show notes here: https://www.biggerpockets.com/show535 Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another episode of Seeing Greene! That’s right, David Greene is back with more real estate answers, some brand new metaphors, and basic Jiu-Jitsu knowledge for the new and experienced real estate investor. In this episode, we’re taking ten questions from BiggerPockets listeners, investors, agents, and rookies looking to build wealth through real estate. David discusses topics ranging from investing out-of-state vs. in-state investing, whether cash flow or appreciation is a more important metric to track, and how to accurately value a property when using more than just data and numbers. David also gives advice on building systems within your business to help you get more deals, and making your investing machine much more scalable. This episode has questions from non-investors, rookies, and veterans so no matter what stage of investing you’re in, David answers a question for you! Have a question you want David to answer on the next Seeing Greene episode? Submit your video submission at Biggerpockets.com/david. In This Episode We Cover: The spectrum of investing and why you need to seriously consider cash flow vs. appreciation Why waiting on the sidelines may lose you more money than investing in a hot market Using more than just numbers and data to analyze a potential deal How to return profits to investors and whether an equity or debt split is best Systematizing your deal flow and taking advantage of CRMs (customer relationship management) How agents can build their reputation in areas with far higher commission checks What to do if you feel like you don’t have any valuable skills And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Blogs BiggerPockets Youtube Channel Biggerpockets.com/start Submit your questions BiggerPockets Calculators BiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben Kinney Brivity CRM Click here to check the full show notes: https://www.biggerpockets.com/show534 Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not BRRRR? But, residential real estate comes with many challenges: complicated evictions, clogged toilets, a noisy tenant in your upstairs unit, and many, many more. But, there is an asset class you can invest in without toilets, tenants, or trash problems. Paul Moore, author, capital raiser, and real estate educator joins us to talk about his newest obsession: self storage investing. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have HUGE value-add potential, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight. There are so many reasons why self storage investing could be one of the greatest yet rarely spoken of assets in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? Grab Paul’s new book, Storing Up Profits! In This Episode We Cover: Why commercial real estate allows you to build wealth faster, smarter, and with scale  The four strategies you can use to build your self storage empire  The massive tax-saving strategies you may be missing out on Looking for value-add that’s hidden in plain sight The seven paths a new investor can take to get started in the self storage industry Income opportunities that could turn thousands in revenue into millions in equity And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Blogs BiggerPockets Podcast 285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul Moore BiggerPockets Podcast 286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne Paul Moore’s Blogs in BiggerPockets Blog Blackstone U-Haul Airbnb Forbes Amazon Wellings Capital Sam Zell J Scott's Personal Website Tarl Yarber's BiggerPockets Profile Gary Keller Jeff Bezos Tom Wheelwright's Personal Website Check the full show notes here: https://biggerpockets.com/show533 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you own a single-family rental or a portfolio of single-family rentals, the world of large multifamily may seem scary to you. There are so many more tenants and units, there’s a different financing structure, and what about finding the deals? At some point, many investors make the jump into the world of multifamily, and they rarely look back. One of our own, J Scott, did the same when he offered a year's worth of work for free in order to learn the multifamily game. Joining him today are multifamily syndicators and thought leaders Ashley Wilson, Brian Burke, and Joe Fairless. Together these four investors manage over two billion dollars worth of multifamily real estate. And just like many listeners, they at one point started at zero. J uses this episode as a multifamily roundtable, asking each of these veteran investors about the state of the housing market, where to invest, how to plan an exit, which strategies they use when investing, and how rookie investors can get started. Regardless of your unit count, experience, or real estate skills, all these investors believe that with some hard, creative work, you too can succeed in multifamily! In This Episode We Cover: Why 2021 was the “perfect storm” for multifamily (and whether or not it will continue) Cap rate and why it isn’t as great of a metric as most investors think it is Creating an entrance and exit plan for a large multifamily deal Finding the “value-add” that will make you and your investors more money How to analyze a multifamily market using a number of demographic metrics Transitioning from single-family investing to multifamily success Growing relationships with owners, brokers, and multifamily vendors And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel UHaul Joe Fairless's Podcast Matthew McConaughey University of Houston Speech Check the full show notes here: https://biggerpockets.com/show532 Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate zoning allows those with a keen eye, creative mind, and delayed gratification to transform a once-vacant warehouse into a massively profitable multifamily deal. While this isn’t as easy as the simple buy-and-hold strategy of real estate investing, it can generate far more profit, equity, and appreciation than buying a single-family home or even multifamily buildings outright. J Scott joins David Greene to talk with Dan ‘The Real Estate Man’ Harvey, who has been using this multifamily conversion strategy for years after he realized how many vacant commercial properties were being under-analyzed by investors. The tactic isn’t too complicated: find a commercial property with the right zoning, convert it into multifamily housing, stabilize, refinance, and do it again! Dan says that this strategy is a slight off-shoot of the ever-popular BRRRR strategy, but with FAR more upside. Even if you know nothing about zoning, construction, or analyzing big deals, Dan will help you navigate how to do your first multifamily conversion in this episode. He even gives a direct callout to anyone who wants to help him and learn from his experience! In This Episode We Cover: Understanding the different types of zoning codes in your area Finding the “best use” of a property and using that to siphon off maximum profit How “By-Right” zoning allows investors to fully capitalize on a property’s best use Calculating future rents and value of a property after a multifamily conversion Combining residential and commercial space to eliminate vacancies on your property Building a team and finding a mentor that will give you the knowledge to grow And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Youtube Channel BPCON 2021 Brandon Turner's BiggerPockets Profile Robert Kiyosaki's Website David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show531 Learn more about your ad choices. Visit megaphone.fm/adchoices

Having limited lung capacity while playing college basketball seems almost impossible. But, like almost everything else in Nolan Gottlieb’s life, he pushed through it to accomplish his dreams. Hard work and determination are what allowed Nolan to step onto that basketball court, even with a severe physical disadvantage. The same determination is exactly what allowed him to close on nineteen units in just ten months of investing. Nolan didn’t know anything about real estate; he couldn’t even describe what a mortgage was if you asked. But, as he ventured off the basketball court and became a real estate agent, he knew that agent commissions wouldn’t protect him and his family if he got sick again. He needed long-lasting wealth, passive income, and an ability to scale his success. He started out partnering with a friend on a BRRRR. It went so well, he decided to tackle an off-market deal. Nolan was able to close not only on one off-market deal, but on a fourteen-unit apartment building as well, thanks to his six steps to find “buried gold” in his market. In This Episode We Cover: How to accomplish your goals, even if you start at a severe disadvantage Why passive income sources far outweigh one-time profits The six steps to finding profitable, undervalued off-market properties  Taking down a fourteen unit apartment building as a rookie What appraisers look for when going through your property Discovering your “why” behind investing in real estate And So Much More! Links from the Show: qPublic.net Shutterfly Whitepages MLS.com BiggerPockets Podcast BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming BPCON 2021 David Greene's Instagram Duke University's Blue Devils Basketball Team Bobby Hurley's Wikipedia page C.S Lewis's Website Brandon Turner BiggerPockets Profile Robert Kiyosaki's Website Check the full show notes here: https://biggerpockets.com/show530 Learn more about your ad choices. Visit megaphone.fm/adchoices

Creative financing solves an important problem for almost every type of real estate investor. Don’t have enough cash? Try creative financing! No credit? Try creative financing! Ran out of conventional loans? You already know what we’re going to say...One of the most knowledgeable real estate investors around, who pretty much reinvented the subject to deal, is Pace Morby, and he’s here with us today! Pace invites four guests onto the show to ask him their most burning questions about subject to deals, creative financing, legal protections when investing in real estate, and how to negotiate with a seller. Even if you’ve never thought of doing a creative financing structure, Pace may convince you that there’s good reason to be educated on them, as it could help you save thousands in closing costs and allow you to scale your portfolio much quicker. In This Episode We Cover: What are novation agreements and why they may be a great secret negotiating tactic  Whether or not today’s housing market shows similar signs to the 2007 crash  How to calculate profits for a potential buyer on a wholesale deal Whether or not an LLC is necessary when buying rental properties or flips The inexpensive team member that could help take HOURS of work off your plate  What to do when a seller won’t come down to your maximum offer And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Open Door Airbnb Prime Corporate Services A&E TV Triple Digit Flip Check the full show notes here: https://biggerpockets.com/show529 Learn more about your ad choices. Visit megaphone.fm/adchoices

Closing off-market deals is one of the best ways to start stacking your real estate portfolio, especially while the housing market is so hot. But, off-market deals often require cold-calling, which is something that makes many investors’ blood run cold. So, how do you talk to a seller in the most confident, comfortable, and competent way? You start by asking the five questions Pace Morby, master of off-market deal-finding and creative financing, has laid out. These five questions were developed over years of cold calling and door knocking. They were specifically designed to walk a seller through a transaction, making them as comfortable as possible, allowing them to bring up their own limitations, and giving you the space to close if the deal fits. This is not your typical “call the seller and give them a cash offer” piece of advice. These questions run far, far deeper than that. If you’ve wanted to try flipping, wholesaling, or even just off-market deal finding, this may be the perfect episode to listen to, as a veteran investor lays out the exact questions he used to close on 500+ off-market deals. In This Episode We Cover: Why every seller has their own “bunnies” and what you can do to find them Asking questions that allow sellers to illuminate silent partners in the deal Why you should NEVER tell sellers what is wrong with their property Helping a seller create a story and allowing your offer to fuel it Pulling out missing information when initially interviewing a seller Going in for the close without becoming a pushy salesperson And So Much More! Links from the Show BiggerPockets Youtube Channel Triple Digit Flip on A&E BiggerPockets Podcast 527: 300 Doors, 100% Creative Financing with Pace Morby Brandon Turner’s Instagram Pace Morby Interviews Jerry Norton On How He'd Get His First Deal Click here to check the full show notes: https://www.biggerpockets.com/show528   Learn more about your ad choices. Visit megaphone.fm/adchoices

Pace Morby’s name has become synonymous with seller financing, subject to deals, and flipping. He is one of the most educated players in the real estate game on all things related to non-traditional financing. He even taught Brandon Turner, the author of Investing in Real Estate with No (and Low) Money Down, a thing or two on today’s show! Originally working as a contractor, Pace was hired on as a flipper for some popular iBuyer portfolios. He flipped over a thousand homes a year but was doing so without building any wealth for himself. This is when he began flipping his own homes and slowly, steadily building a portfolio of rentals that would provide him with the cash flow he desired. Did we mention he did this entirely without bank financing? Since Pace is the go-to investor for all things creative financing, Brandon and David took advantage of his time on the show to ask him about subject to strategies, seller financing tips, and how he takes a seller from consideration to closing. If you’ve been wondering how to build your rental portfolio without down payments, credit checks, or preapproval from banks, this is THE episode to listen to. In This Episode We Cover: Outsourcing your business so you aren’t the driver of every deal Structuring a subject to deal and using it to create a win for the seller Why you shouldn’t be afraid to offer full price on a seller finance deal The first phrase you should say to any seller when viewing their property What to do when your “due on sale” clause comes to fruition How to find work, meet investors, and grow your brand through social media  And So Much More! Links from the Show: BiggerPockets Youtube Channel Triple Digit Flip on A&E BiggerPockets Podcast 493: How COVID Changed Real Estate Forever (+How it Didn’t!) with Ken McElroy Opendoor Zillow Start Virtual Redfin Airbnb Kelley Blue Book Craigslist Open Door Capital BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss Equity Assurance The Moth Podcast Brandon Turner’s Instagram Grant Cardone’s Instagram Ken McElroy's Website Pace Morby Interviews Jerry Norton On How He'd Get His First Deal Chris Voss' LinkedIn Freebies from this episode: Pace's ebook on Subto Exclusive seller video calls Check the full show notes here: http://biggerpockets.com/show527 Learn more about your ad choices. Visit megaphone.fm/adchoices

[NOTE: Since this episode was recorded, some events have changed. We have updated the intro to the episode and the lead-in to our conversation with Jeff Watson to reflect those developments] Inflation is big, scary, and in the news. With it comes the fear of sky-high home values, consumer goods falling in short supply, and cash positions becoming worthless overnight. With high inflation at our doorstep, we need to be smarter (and faster) when it comes to investing. Thankfully, for BiggerPockets listeners, one of the strongest hedges against inflation is real estate! David Greene and Dave Meyer are back on another episode of BiggerNews to discuss not only the cause of inflation but how to protect yourself against it in this hyper-inflationary environment we find ourselves in. Both David and Dave harp on how important it is to start investing as soon as you can, taking advantage of low-interest rates and locked-in leverage that bank financing provides. Jeff Watson, attorney and self-directed IRA expert, joins the Dave duo to talk about the proposed “Build Back Better Bill” and its consequences for real estate investors - which Jeff calls a “nightmare” for those who want to raise private money for deals. As noted at the top of this description – in the time since this episode was recorded, the sections of the bill affecting Self-Directed IRAs have been removed. We've added audio to the episode explaining those developments; we are keeping the content because it offers a glimpse into an issue that may crop up again on Capitol Hill in the future. In This Episode We Cover: What is inflation and how did America become an inflationary environment? The main causes of inflation and whether or not it will affect you Using debt to lock in low-interest-rate loans while rents continue to rise The “Build Back Better Bill” and its consequences for all real estate investors How this new bill would have potentially hurt ‘average joe’ investors while propping up hedge funds Steps you can take to protect your assets And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel David Greene's Instagram David Meyer's Instagram BiggerPockets Conference BiggerPockets Pro Membership BiggerPockets Money Podcast Real Estate Rookie Podcast BiggerPockets Daily Podcast GoBundance Brian Beaulieu of ITR Economics Quest Trust Company President Donald J Trump Robert Kiyosaki Peter Thiel Paypal HandsOff My IRA Protecting IRA Investment Choice (Jeff's Document) Summary of Changes Proposed by House Reconciliation “Build Back Better” Bill (Jeff's Document) BiggerPockets Podcast 502: BiggerNews, September: Will Anything Slow Down this Housing Market? with Dave Meyer & Kathy Fettke Check the full show notes here: http://biggerpockets.com/show526 Learn more about your ad choices. Visit megaphone.fm/adchoices

Our perceptions of work and life have changed significantly over the past year. While we once had a clear distinction between the two, now, we have a blurred line barely separating them. For some, this has made their life more hectic, and for others, more clear. It’s now more important than ever to define where we’re going and why we’re going in that direction. Joining David today is Mindy Jensen, host of the BiggerPockets Money Podcast, and Geoff Woods, host The ONE Thing Podcast. Many guests on the show have mentioned The ONE Thing for its simple, yet impactful message for team leaders and solopreneurs who have too much on their plates. Geoff has taken the message of this book and his organization to heart, allowing him to free up time, and live a truly extraordinary life. Geoff unpacks exactly what it means to have intentional goals and live with purpose. He is very specific on defining what truly matters to your business, personal life, and internal values, and separates those things from the rest. Geoff also brings on Jordan and John, two business partners, one of which attended The ONE Thing Retreat last year, and talks them through their long-term vision, goal, and strategy. In This Episode We Cover: The importance of striving to live an extraordinary life in all aspects  How to become more purposeful in the areas of life that truly matter Working through goal setting in partnerships, relationships, or solo Why most people don’t reach their goals or set too attainable goals Permitting yourself to dream big for a five, ten, or twenty-year vision What you can expect at The ONE Thing’s 2021 Retreat Why the purpose of a goal isn’t the result, but something far more meaningful And So Much More! Links from the Show Brandon Turner's Instagram David Greene's Instagram BiggerPockets Webinars BiggerPockets Pro Membership The 1 thing Website The 1 thing podcast BiggerPockets Podcast 411: The Life-Changing Power of a Goal-Setting Retreatwith Geoff Woods The 1 thing Goal Setting Retreat Website Click here to check the full show notes: https://www.biggerpockets.com/show525 Learn more about your ad choices. Visit megaphone.fm/adchoices

A decade ago, Chandler David Smith was a broke college student. After searching for jobs, he was given the opportunity to try his hand at door-to-door pest control sales. The first week went slow, and he wasn’t able to close on a single sale. But, by the end of the summer, he had crushed the rookie sales record and walked away with $96,000 worth of commission. But now Chandler had a problem: too much cash and nothing to do with it. His friend’s father convinced him that real estate investing may be the best place to park his extra cash, so he did just that. Chandler bought a condo for $73,000. It wasn’t a great deal and he made some big mistakes, but it sparked a fire under him that allowed him to grow his portfolio to over three hundred units, through small multifamily, large multifamily, and self storage. It’s no coincidence that Chandler succeeded in real estate with his sales background, since finding off-market deals, negotiating with sellers, and raising rents all require you to sell something to someone. If you can capitalize on some of these sales secrets that Chandler discusses, you may too have a far easier time locking down phenomenal deals. In This Episode We Cover: The verbal and visual cues that show a sales prospect you’re trustworthy Why those that can handle rejection succeed not only in sales but in real estate Following the “sales logic” of preface, feature, and benefit  The huge advantage of investors buying “mid-priced” properties The differences between owning small multifamily, large multifamily, and self storage  Developing your property management team and using them to scale your portfolio And So Much More! Links from the Show: Brandon Turner's Instagram David Greene's Instagram Chandler David Smith's Youtube Channel: How Brandon Turner Changed My Life (Full Interview) AJ Osborne Website Tim Ferriss Website Garrett Myers Instagram GoBundance BiggerPockets Webinars BiggerPockets Pro Membership MLS (Multiple Listing Service) Craigslist Facebook Youtube Check the full show notes here: https://biggerpockets.com/show524 Learn more about your ad choices. Visit megaphone.fm/adchoices

You wouldn’t know how far Max Maxwell has come at first glance. Looking at his Instagram, you’ll see private planes, a wealth of knowledge on real estate, and seriously shiny Rolexes. Not many people know that only a number of years ago, Max was broke, without enough money to fill up his car with gas, and sleeping at his mom’s house after ten years of failed businesses. Max tried everything from running a property management company, to marketing, to managing a restaurant, and many other ventures. None of them truly stuck, causing Max to go from state to state, trying to find a successful business model that would make him wealthy. Now, Max is well known as a master in wholesaling, rental property investing, and philanthropy. He has always made an effort to help those in need and even went to Ghana with today’s host, Nasar El Arabi. These North Carolinian investors have truly gone from rags to riches and have been able to find meaningful, lasting success through real estate investing. In This Episode We Cover: How to get your start in real estate investing without any money  Finding yourself at the bottom and pushing yourself up to the top Finding, skip tracing, and marketing your first deal as a wholesaler  The “conveyor belt” system of off-market deal-finding Why every great real estate investor MUST be able to spot good deals Jumping into a new niche, even as an experienced real estate investor And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Brandon Turner's Instagram David Greene's Instagram BiggerPockets Podcast 522: From “No Comma Paychecks” to 7-Figures Using These 5 Skills w/ Nasar El Arabi GQ Magazine Vogue Magazine Barnes & Noble REISkip REIRail BiggerPockets Conference BiggerPockets Pro Membership Real Estate Doru's Instagram Real Estate Doru's Website Real Estate Doru's Youtube Channel Check the full show notes here: https://biggerpockets.com/show523 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 income Why every investor needs to “become a rookie all over again” Using creative financing to structure deals that benefit the buyer and seller Leveraging partnerships to find cash, divvy up responsibilities, and purchase more real estate Owning a business and learning the skills that every leader needs to succeed And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Publishing BiggerPockets Bookstore Brandon's Instagram David’s Instagram BiggerPockets Podcast 116: How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar Elarabi BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming BiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal Newport Click here to check the full show notes: https://www.biggerpockets.com/show522 Learn more about your ad choices. Visit megaphone.fm/adchoices

People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it’s exactly what helped Jeffrey Holst fight cancer, get out of bankruptcy, and retire in only seven years. Once Jeffrey committed to having no bad days, he was able to either change his day that was going poorly or see the positive in everything around him. This philosophy helped him spur on new relationships, find new partners, and close on deals creatively. It was never “we can’t close on this” for Jeffrey, it was “how can we close on this.” He uses what he likes to call the “sideways eight” strategy that allows him to have infinite returns when investing, all while giving his partners and private lenders a sizable profit. Jeffrey also talks about seeing the positive attributes of negative situations, and how he was able to leave his job as a lawyer and hit financial freedom due to his cancer diagnosis and later bankruptcy. If Jeffrey was able to dominate the multifamily market with an underwater net worth, think of what YOU can accomplish in the world of real estate investing! In This Episode We Cover: Buying properties without credit, money, or experience  Creative financing strategies that allow you take tackle bigger and better deals Fighting cancer and using hard times to fuel your success  Managing a portfolio of two-hundred and fifty units The “last life philosophy” and how it gives you a clear path to victory  Syndicating on a small scale to close multi-million dollar deals Analyzing your market as a "boots on the ground" investor And So Much More! Links from the Show: Carlton Sheets Real Estate Course Infomercial Matt Faircloth's BiggerPockets profile Tony Robbins' Website Hal Elrod's Website Four Reasons to Invest in Real Estate episode on the Old Fashioned Real Estate Show hosted by Brian Levredge and Jeffrey Holst Feras Moussa of Disrupt Equity BiggerPockets Podcast 488: From 4 Units to 2,000 and Why Large Multifamily “Isn’t So Scary Whitney Sewell of Life Bridge Capital GoBundance BiggerPockets Podcast 004: Commercial Real Estate Investing With Frank Gallinelli BiggerPockets Radio Podcast 002: Starting Out with Karen Rittenhouse – Subject To, Direct Mail, and Investing from a Woman’s Perspective Generational Wealth with Dr. Tony Pennells episode on the Last Life Ever Podcast Akamai Coffee Website Mike Tyson's Website Arnold Schwarzenegger's Website Shaquille O'Neal's Profile Richard Branson of the Virgin Group Check the full show notes here: https://biggerpockets.com/show521 Learn more about your ad choices. Visit megaphone.fm/adchoices

The hosts look and sound a little different today. There are no beards and we haven’t heard one metaphor containing jiu-jitsu lingo... That’s because Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast have taken over the BiggerPockets Real Estate Podcast! Ashley and Tony regularly talk about how rookies can get their first (or next) deal, but today they’re combining expertise to talk about something more controversial: rental arbitrage. Rental arbitrage is a form of subletting that allows long-term tenants to make massive cash flow off of short-term rentals. Someone who’s done this to an extreme is Rafael Loza. Rafael was working the night shift as his W2 job when he found out about short-term rental arbitrage. He sat on the idea for a few months, but ultimately tried out the concept on an apartment. This one apartment took home a massive profit, allowing him to quit his job and scale to fourteen units in just nine months. Now, Rafael has twenty-four active units, all grossing thousands of dollars a month in rent for him. Back in March of 2020, Rafael was projected to bring in forty-seven thousand dollars in revenue in one month alone. But, the pandemic hit, forcing him to pivot, switch strategies, and take advantage of the flourishing short-term rental market. He has his sights set on ownership, but now he’s simply raking in the short-term stacks. In This Episode We Cover: Rental arbitrage and why it’s a low-cost way to get into real estate investing Short-term cash flow vs long-term appreciation and combining the two The startup costs it takes to create an arbitrage empire How to pitch landlords on using their properties for short-term rentals Negotiating leases and adding a subletting clause to any lease you undertake Pivoting when your business hits a wall and combing back stronger And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Brandon Turner's Instagram Tony's Instagram Ashley’s Instagram Real Estate Rookie Youtube Channel Airbnb Vrbo The Real Estate Rookie Podcast Clubhouse Check the full show notes here: https://biggerpockets.com/show520 Learn more about your ad choices. Visit megaphone.fm/adchoices

You may know Ashley Kehr from the Real Estate Rookie Podcast, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to owning thirty-three long-term rentals, a short-term arbitrage property, two commercial units, and one mobile home park. Quite a diverse portfolio! What makes this even more impressive is that Ashley wasn’t coming into real estate with boatloads of cash. In fact, she and her husband have never collectively made more than six figures from their W2 jobs. So how does someone with a median income generate such a massive amount of cash flow, appreciation, and time freedom? Ashley discusses the five fundamentals of real estate investing that led her to seven-figure net worth. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If you’re ready to supercharge your investing and go from rookie to rockstar, commit to the game plan Ashley has laid out! 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 income Why every investor needs to “become a rookie all over again” Using creative financing to structure deals that benefit the buyer and seller Leveraging partnerships to find cash, divvy up responsibilities, and purchase more real estate Owning a business and learning the skills that every leader needs to succeed And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Publishing BiggerPockets Bookstore Real Estate Rookie Youtube Channel Real Estate Rookie FaceBook Group BiggerPockets Rookie Podcast Tony's Instagram Brandon's Instagram David’s Instagram Real Estate Rookie Bootcamp BiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming Click here to check the full show notes: https://www.biggerpockets.com/show519 Learn more about your ad choices. Visit megaphone.fm/adchoices