If you don’t feel amped up to accomplish your goals, you definitely will after this episode. Today we talk to real estate agent, entrepreneur, author, and Million Dollar Listing New York star, Ryan Serhant. You’ve probably seen Ryan selling ridiculously nice (and expensive) homes on TV, but today you’ll be the private audience to hear his backstory, his work ethic, and how he developed his big confidence. Ryan moved to New York to become the next big star in theatre, but after seeing the financial position of those “successful” actors he looked up to, he made a pivot. Ryan got his real estate license and started listing apartments to pay his bills, but was given a golden opportunity when an foreign buyer specifically chose him to find her next multi-million dollar home in New York City. Ryan still remembers the lack of confidence he felt when he got the listing, and knew the only thing to do was educate himself and practice his pitch. Long story short, he helped the buyer find her dream home, and the rest is history. You’ll hear Ryan talk about the importance of confidence, not only in this podcast, but in his new book Big Money Energy. Brandon and David both agree with Ryan on how important, and often undervalued, having confidence is. Not just confidence in your work, but confidence that you’ll be able to accomplish the most challenging tasks you set for yourself! In This Episode We Cover: Selling the most expensive home in Florida Using the pandemic to springboard a new career or venture  Taking on a task, developing the confidence, and succeeding  Leaning to own the things that make you different from everyone else Stop focusing on the deals and start focusing on “the work” Many, many multi-million dollar deal stories And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Webinars BiggerPockets Blog BiggerPockets Bookstore BiggerPockets Podcast Serhant Brokerage Ryan's personal website Click here to check the full show notes: https://www.biggerpockets.com/show465 Learn more about your ad choices. Visit megaphone.fm/adchoices

Many, many people give up on real estate after just one bad deal, one bad tenant, or one bad flip. But what if you lost all you had from real estate deals, would you still be willing to bet on real estate? What if you lost it all twice? Welby Accely, has been in that position. He lost all he had, two separate times through dicey real estate deals. He never did give up on real estate, and now he’s sitting on 50 rentals and over 70 completed flips. Welby grew up in Brooklyn, and knew that his godfather was doing well in real estate, so when he got older, he decided to give it a shot. He invested in a multifamily deal in Atlanta, overleveraged himself, and had it foreclosed on him. A few years later, he had another Atlanta property taken from home. Welby was wiped out. He got scammed, lied to, and dove in too deep a couple times. After these tough experiences, he knew he had to do whatever he could to make sure his due diligence was top notch. He was later told about Connecticut, and decided to take some serious time exploring the market, building relationships, and networking. Then, he started flipping. 1 house a year, 2 houses a year, then 15 houses a year, and now 20 houses a year. Now, Welby takes young and aspiring real estate investors on “ride alongs” so they can see exactly what it’s like to be a real estate investor! In This Episode We Cover: How crucial it is to understand your market before you invest Never trusting a new partnership without proof of concept and contracts Pulling yourself back up after losing tens of thousands of dollars Putting in offers everyday so you can secure a deal Hard money loans vs. using your own capital Helping build other’s businesses so they stay loyal to yours And SO much more! Links from the Show BiggerPockets Forums Water Park Scam BiggerPockets Webinars BiggerPockets Blog  Check the full show notes here: http://biggerpockets.com/show464 Learn more about your ad choices. Visit megaphone.fm/adchoices

We often have famous guests come on the BiggerPockets podcast and talk about their deals, their businesses, and their journey. Today you’ll hear from one of the biggest real estate celebrities, Brandon Turner, as he goes through the 90-day challenge, preparing you to buy your first (or next) real estate deal in the next 90 days. You’ll hear Brandon’s story on why he went into real estate, how he grew his portfolio, and the exact steps he took to reach financial freedom and grow his portfolio to over 1,000 units! We’ll go through developing a real estate strategy, picking a niche, finding your “why”, finding a deal, marketing, financing, and calculating a real deal live on the (pre-recorded) webinar! This is the hand-down best place to start as a newbie investor or an investor who just wants to grab some more deals in the next 90 days. These actionable steps have helped hundreds of investors across the BiggerPockets forums, and can help make you a successful real estate investor sooner! In This Episode We Cover: Discovering your “why” behind investing, real estate, financial freedom How to find deals even in competitive markets  Going over a live deal using the BiggerPockets rental property calculator How to find your “home run number” that makes a deal great Using the L.A.P.S funnel to never run out of deals Financing and funding your first property (even with no or low money down) And So Much More! Links from the Show BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Podcast Open Door Capital The 90 Days Challenge Real Estate Investment Calculators Click here to check the full show notes: https://www.biggerpockets.com/show463 Learn more about your ad choices. Visit megaphone.fm/adchoices

Some would call Terrance Doyle a “baller”. Not because he’s done hundreds of millions of dollars in real estate transactions, or because he has done over 600 flips, or because he helps lead the Tribe of Multifamily Mentors. Terrance played college basketball, which grew into working as an NBA sports agent, garnering him access to famous coaches, players, and executives. Terrance and a couple of his college teammates started a franchise after college, and needed somewhere to park cash. Another teammate helped Terrance buy a foreclosure at a public trustee sale, which he flipped for a sizable profit. This is when he knew that the real money was made in real estate. Between 2008 and 2014, Terrance did over 600 flips, in multiple different areas of the country. As he learnt to build relationships and rapport with buyers, sellers, lenders, and contractors, Terrance started taking on bigger and better deals. He’s done $35,000,000 in transactions since the start of the pandemic and relies on the five basic fundamentals of real estate: know your market, be aggressive, be faster than the competition, have solid lenders, and make sure your ducks are in a row. In This Episode We Cover: The 5 fundamentals of successful real estate investing Going from NBA agent to full-time real estate professional  Finding your competitive edge and knowing where you can add value How to invest in a very expensive market (like Denver!) Cap rates, NOI, cash on cash return, and other important metrics How to run your organization more efficiently, so you can do more And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Check the fulls how notes here: http://biggerpockets.com/show462 Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s daunting to wake up every day and try your best at whatever it is that you do. Maybe it’s your job, maybe it’s real estate, maybe it’s writing a book. When you sit down at your desk, there’s that little voice that says “get another cup of coffee” or “just take a little email break before you start” or “you’re not going to get anything done, who are you kidding?” This is the voice of resistance, and to author Steven Pressfield, it’s a voice that needs to be silenced and controlled at all costs. Steven should know, he wrote the book on fighting resistance, The War of Art, where he talks about how to keep up inspiration, even when there isn’t any to be found. As Steven puts it “an amateur does things when they feel like it, a professional doesn’t care how they feel, they just do it.” This is something many real estate investors struggle with. We want to buy another property, but we get stuck in analysis paralysis, or scared off by some new type of financing, or don’t want to take on another rehab. Professionals don’t let their environment (or their own mind) tell them what they should and shouldn’t do. Professionals do what has to be done. We also talk with Steven about his latest book A Man At Arms and why the ancient world of nobility and strength intrigued him so much. If you’ve seen any of Steven’s films, read any of Steven’s books, or just want to push through to success, you’ll love his take on writing, success, and failure. In This Episode We Cover: How to push past failure, regardless of the line of work you’re in Overcoming the “analysis” phase of any new venture or life dream How resistance plays a role in failure for many real estate investors How to fight resistance so you can push through to your goals The villain on the outside, and the villain within you And So Much More! Links from the Show BiggerPockets Podcast Open Door Capital BiggerPockets book store Brandon's Instagram David's Instagram The 90 Days Challenge Steven's Website Click here to check the full show notes: https://www.biggerpockets.com/show461 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re listening to the BiggerPockets podcast, you know that the only way to reach financial success is to climb the corporate ladder, right? Nope! Yet, many people still believe that the only way for them to get rich is by going above and beyond for a job, only to be let go when the company is sold or merged. This is exactly what Ayoka Moss and Robert Charles thought, until they were put in a situation where entrepreneurialism and real estate was the only option. Ayoka had serious drive, especially after reading Rich Dad Poor Dad (a favorite of the BP community). Robert, on the other hand, was working as hard as he could, selling cars, breaking sales records, but once he was let go due to his company being bought out, he had open ears for Ayoka’s proposal. Ayoka and Robert decided to start wholesaling real estate, and had 6 failed deals before they finally found themselves making a profit. Once the money came in, they knew they had to do whatever it takes to reach success in real estate. Now, only a couple years later, Ayoka and Robert are living rent free, with 20 units, and 35 deals done! That’s some serious change when compared to their old W2 lifestyles. Ayoka and Robert go through how they got deals done, found mentors, and most importantly, changed mindsets to tackle what really matters. In This Episode We Cover: How real estate wholesaling works Why the corporate lifestyle doesn’t last forever for most people Understanding real estate before you jump in head first  “Un-Labelling” yourself so you can accomplish anything Balancing wholesale fees with cash flowing rental properties  Finding mentors and providing value so they trust you And SO much more! Links from the Show BiggerPockets Forums Grant Cardone Breakfast Club: Mark Whitten Explains How Easy It Is To Build Wealth With Real Estate Linkedin Amway Hertz Ty Flip Man Taylor Shares How He's Created Multiple Millionires and Many 6 Figure Earners Real Estate Disruptors PropStream Zillow Homevestors Grant Cardone BiggerPockets Podcast 452: Landing Incredible Deals Using This “Scary” Technique with Steve Trang Steve Trang Yahoo Finance Check the full show notes here: https://www.biggerpockets.com/show460 Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever been in a conversation where someone has had to ask you to repeat something multiple times? It’sfrustrating when you’re trying to tell someone something and they just won’t listen, but what about all the times you’ve been distracted in a conversation? There are a handful of reasons why humans aren’t great at listening, but the benefits to becoming a true listener are off the charts. Better connections, more trust, and happier relationships just to tout a few. In her book, Listen Like You Mean It, Ximena Vengoechea talks about why listening is so important, and why we often get it wrong. Being a great listener is almost like having a super-power, you’ll be able to tell what a person wants and needs faster and more accurately. This can help in almost any business, but especially in a people-first business like real estate when you’re constantly talking to tenants, management, sellers, buyers, or agents. Ximena goes through the 3 qualities that are most needed when becoming a great listener and how you can put yourself into “listening mode”. She also walks through how to have difficult conversations or conversations with people who aren’t the best listeners, plus what you can do to make sure that the person talking to you really feels heard. This isn’t just a crucial trait for anyone in real estate, but for anyone who wants successful relationships with the ones they love. In This Episode We Cover: How user research prompted Ximena to write about listening Asking good questions that help people open up more Cutting out the distractions and being present and mindful in a conversation  Why attention tends to waver in day-to-day conversations The 3 most important qualities you can adopt to become a better listener How to be more extraverted in conversations And So Much More! Links from the Show BiggerPockets Podcast Open Door Capital BiggerPockets book store Brandon's Instagram David's Instagram Click here to check the full show notes: https://www.biggerpockets.com/show459 Learn more about your ad choices. Visit megaphone.fm/adchoices

Every real estate investor knows that things don’t always go as well as we’d like. What happens when you’re hit with a $16,000 bill to fix a sewer, or when 20 of your tenants call you all at once with problems? Some things, like those examples, make active real estate investors envy passive investors. This is why Tamar Hermes decided to go on a more passive route for real estate investing.  Tamar started at age 28, working as an executive in the television industry. She realized that she was trading her time for money, and without her job, she wouldn’t be able to pay her bills. So, she put 10% down on a duplex and started house hacking. Over time she bought more and more duplexes, some even out of her 401(k). She was an aspiring landlord, but after being hit with the situations above, she decided to sell all her units in Los Angeles and put her money into more passive income streams. Now she’s invested in syndications, like Brandon’s Open Door Capital to be exact. This gives her far more freedom to pursue her passions in life, without having to worry about those 2 A.M. toilet calls. Tamar refers to herself as a very cautious investor, and that may be why she feels far more diversified with passive investing than active investing. She also talks through “finding your tribe” and how Gobundance has helped her meet friends and partners within the real estate space. This doesn’t mean you need to go out and find a group, but having friends and allies within your certain niche can help move you miles ahead of the competition! In This Episode We Cover: Using house hacking as a way to fuel your real estate investing  The difference between passive and active real estate investing Finding cash flow AND appreciation when looking for rental properties “Upgrading your investing” and growing your investor mindset Recourse vs non-recourse loans Finding quality agents, certified financial planners, and other partners And SO much more! Links from the Show BiggerPockets Forums Open Door Capital Travel Nurse Housing Grant Cardone GoBundance BiggerPockets Bookstore BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan Josh Dorkin  Check the full show notes here: http://biggerpockets.com/show458 Learn more about your ad choices. Visit megaphone.fm/adchoices

Some people are born into wealth, but none are born into success. Success needs to be earned, through pain, hard work, and perseverance. Patrick Bet-David came to the United States during the Iranian Revolution of 1978, after already being a refugee in Germany. Patrick served in the U.S. Army and prided himself on his ability to party, but after a family health emergency, he decided enough was enough, and he became the hard-working, driven man he is today. Now, a successful businessman, media producer, best selling author, and CEO, Patrick has a lot of wisdom to share for young and aspiring businesspeople. One of his biggest lessons: don’t waste your pain. Patrick shows how the best of the best in business, sports, or any other field are consistently putting themselves in positions where they have to fight to be the best. Patrick argues that even if you’re the best basketball player in your high school, once you go to college you may be at the bottom of the list, and once you become the best in college, you may be stuck again at the bottom of the professional leagues. This means you have to constantly change, adapt, and improve yourself to become the best of the best. We also talk about Patrick’s book, Your Next Five Moves and how people who are masters in their skillset are thinking at least five moves ahead of their competition. Want to buy a house? What are the next 5-10 moves you could make right now to get that done. Most people do a single step, stop because it’s too hard, and leave it at that. If you want to be the best of the best, you need to think bigger and understand the importance of the sequencing of those steps. In This Episode We Cover: Patrick’s journey from refugee to multi-million dollar business owner  Pushing yourself to perform at the highest level you possibly can Giving your children values instead of material gifts Thinking five steps ahead of yourself and the competition Going through a “Personal Identity Audit” and learning to accept yourself Entrepreneurship vs Intrapreneurship And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Brandon's Instagram David's Instagram Your Next Five Moves Website Check the full show notes here: http://biggerpockets.com/show457 Learn more about your ad choices. Visit megaphone.fm/adchoices

Anything over 100 units tends to scare many investors, especially rookie investors. How do you even get to 100 units when it’s already challenging enough to get one? That answer is simple: stack them slowly over time. That’s exactly what today’s guest, Erika Sleger, did. Erika heard about house hacking from a lecture in college, so once she graduated she decided to buy a fourplex, live in one unit, and rent out the others. She learnt some valuable skills from that first fourplex and later sold it for a nice profit, 1031 exchanged it into an 18 unit, and started collecting rent. From there, she used her equity on the 18 unit to buy a 64 unit. Another 16 units here, some more units there, and before she knew it Erika had over 120 rental units. She acquired all of these properties through 1031 exchanges and pulling cash out via refinances for down payments. Managing over 100 units isn’t easy, it took Erika a while to find management that worked, and she was still managing her managers. Even with the best due diligence, Erika talks through the challenges of filling and managing so many units. That’s why Erika sold her multifamily properties and moved her money into commercial real estate. Now she owns “amazon-proof” commercial spaces for coffee shops, a daycare center, and even a car maintenance shop. These leases are triple net, and give her the flexibility to move wherever she wants in the world, without having to over-manage a property manager. This is what “the stack” done correctly looks like! In This Episode We Cover: House hacking to secure your first rental property Using 1031 exchanges to acquire more properties with no capital gains taxes Buying LARGE multifamily properties and setting up management The importance of due diligence when buying multifamily and commercial Triple net leases and the benefits of commercial buildings And SO much more! Links from the Show BiggerPockets Forums Tony Robbins Walgreens CVS Starbucks Amazon BiggerPockets Podcast 253: Recession-Resistant Investing & the Benefits of Buying Shopping Centers with David Puchi BiggerPockets Podcast 363: How to Work (Way) Less but Accomplish (Way) More in 2020 with Michael Hyatt Check the full show notes here: http://biggerpockets.com/show456 Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve probably heard of The Breakfast Club, the morning radio show in over 90 markets that covers everything from hip hop culture, to celebrity gossip, to politics and more. If you've listened, you may recognize DJ Envy’s voice. He’s here today with his partner Cesar Pina, to talk real estate, seminars, and business. DJ Envy grew up in Queens, New York, and was neighbors with a successful DJ. After he heard how much money DJs were making in the city, he decided to start DJ-ing himself, and began releasing mixtapes. As his success grew, he started working for a radio station and landed a morning show, which later became known as The Breakfast Club. After buying his first house and later selling it due to a long commute, Envy walked away with around $80,000. He was hooked, and knew that real estate was a long-term way for him to build his wealth and create success for him and his family. He started out buying a house every year and selling it a year later, then bought some homes in Detroit for $15,000 that sold for over $260,000! Envy wanted to get more into real estate, so he was introduced to Cesar. Cesar was serving time in prison when he first learnt about real estate investing. Once he was released, he decided to jump in. He bought single family homes, then small multifamily homes, then went on to commercial buildings. Now, heowns more than 1,600 units and flips anywhere from 60 to 80 houses per year! His new book, Flipping Keys, comes out later this month. Cesar and Envy became an unstoppable duo, and now they're teaching others how they too can buy rentals and flip houses. They see this as a way to serve their community and let those who may be unaware of real estate investing have a chance at success and financial freedom. In This Episode We Cover: How DJ Envy started buying and flipping homes  Buying homes under market value to make high profits Why house hacking is the best way to get started in real estate Buying in Detroit during the early days of the recession  How to use other people’s money (OPM) to fund your deals Why most real estate seminars take more than they give to attendees And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Brandon's Instagram David's Instagram Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! Click here to check the full show notes: https://www.biggerpockets.com/show455 Learn more about your ad choices. Visit megaphone.fm/adchoices

Retiring via passive income is why most people get into real estate, but rarely does someone accomplish that goal within just two years! Rachel Richards, real estate investor, agent, and author of Money Honey shares her story of aggressive real estate acquisition. All purchased, by the way, with at least 20% down! While her friends in high school may have been reading for fun, Rachel was reading Rich Dad Poor Dad and trying to find the best way to become financially free. After she graduated from college she took jobs where she felt underappreciated and at some points, humiliated. She realized that this was not the path she would go down, and started investing shortly after in 2017. By 2018, Rachel and her husband had acquired 38 doors. Yes, you heard that right, 38 doors in under two years! These rental properties allowed Rachel and her husband to retire, as they were making six-figure incomes solely from their properties alone. This didn’t mean two years in she was still a rookie. Far from it actually. Rachel had to systematize her rental properties as much as she could within those two years so she could manage them long distance without having huge headaches along the way. Rachel shares some interesting stories, from turning a duplex into a short-term boarding home, to catching her property managers stealing over $6,000 from her. She’s learnt a lot and put her knowledge into her books Money Honey and Passive Income, Aggressive Retirement, both of which may help you get to where she’s at now! In This Episode We Cover: Understanding how important financial independence is to your life Dismissing limiting beliefs that you can’t or shouldn’t do something Seller concessions and how you can use them to get more money at closing  Why being too frugal may lead you to lose more money in the long run Systematizing your long distance real estate investing And SO much more! Links from the Show BiggerPockets Forums Be a guest to the podcast Cutco Cutlery BiggerPockets Podcast 416: 29-Year Old Making Nearly $1M in Passive Real Estate Income (3 Years In!) with Matt Onofrio BiggerPockets Podcast 418: 14 Deals in 16 Months: How Alex Camacho Found his Mastery in Deal Finding BiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany Arnason BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber Check the full show notes here: http://biggerpockets.com/show454 Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re taking a bit of a detour from our regular programming to answer some live questions on real estate mindset! Brandon and David take live questions from investors across the nation on some of the most hard-hitting/commonly contemplated real estate questions and topics such as… Is perceived “risk” deterring you from making strong financial decisions? How do you keep the fire going as an agent and investor when you get rejected? When should you allow team members to take on your roles and processes? What to do to get over the fear of partnerships? How do you balance ambition and being content with your success? How to find inspiration in other people's success? What to do when there is SO much opportunity but you don’t know what to choose? And More! Brandon and David spend some time answering all of the above questions with life lessons they’ve learned in their investing careers. The solution to the problem isn’t always cut and dry, but almost all of these questions come up in a real estate investor’s career, one way or another. If you didn’t get your question answered in this episode, stay tuned as we may plan to do another Live Q&A in the future! In This Episode We Cover: Answers to the top real estate “mindset” questions  Finding your fire and running towards it Letting go of the “I have to do everything” mentality Focusing on one thing, doing a great job, and letting go of the rest Getting your spouse on board for real estate investing/financial freedom Staying content and grounded while also striving for greater things And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store BiggerPockets Forums BiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors Click here to check the full show notes: https://www.biggerpockets.com/show453 Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve Trang is all over social media, he runs a real estate brokerage, a sales training business, and a title company, but he didn’t start out as a real estate professional. Steve was actually an engineer at Intel before he made the leap to become an agent. As luck would have it, Steve got in right as the market was about to tank in 2007/2008. Did this stop him from finding success? Of course not! Steve was interested in real estate, and after finding out what agents did for a living, he knew he needed to make a career switch. He left his corporate job and headed into real estate, trying to get any leads he could as an agent. His prior employer, Intel, told him that he was welcomed back if he ever needed a job, but when he tried to come back a couple years later, they didn’t have a position available for him. He knew the bridge was burnt, and it was time for him to go full throttle on real estate. Now, a decade or so later, Steve is teaching his tips and tricks to aspiring agents, wholesalers, and de al finders alike. He has a very specific hiring process, and will only start to evaluate a candidate that fits into his time-tested requirements. This helps him weed out potential employees and keep only the serious ones around. Steve gives some pointers on the best cold calling tips, the common mistakes that newbies make, and how to mitigate rejection when a cold call goes sour. If you’re afraid to cold call or afraid of being rejected in general during real estate prospecting, Steve talks through how he uses rejection to hit the successful metrics he needs! In This Episode We Cover: What type of person should be a real estate agent? Knowing that real estate is a long-term success game, not an overnight win Using PPC (pay per click), direct mail, and cold calling to get leads How to hire employees that want success, not just a paycheck Having regular, but efficient meetings with your team The top cold calling tips for those who are prospecting What to do if you’re afraid to cold call (or afraid of being rejected) And SO much more! Links from the Show BiggerPockets Forums Intel Wells Fargo BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan JotForm BiggerPockets LAPS Funnel Propstream Batch Leads SkipFast Grant Cardone BiggerPockets Publishing Check the full show notes here: biggerpockets.com/show452 Learn more about your ad choices. Visit megaphone.fm/adchoices

Does it ever seem like working overtime is a competition? We often see people bragging about how they work 60 hour weeks, work on weekends, or spend the most time at the office or in front of their computer. Does this constant overworking actually accomplish something or is it more of a chest-beating competition? Michael Hyatt argues that working crazy hours rarely does anything for our productivity, and if anything, can make our work sluggish and dull. He should know, in the beginning of the COVID-19 pandemic as teams were working more than ever from home, Michael decided to do the opposite. Michael lowered his (and his team’s) working hours from 40 hours a week, to 30 hours a week. The result? A profit increase of nearly 100% and company-wide productivity boost. Not only does your work quality benefit, but so do your relationships, your health, and your outlook on life when you are off of the “grind mode”. Michael believes this so much that he wrote a book about it. Win at Work and Succeed at Lifegoes through what Michael calls the “double win”: winning at life and work, with no tradeoffs! Michael lists a handful of ways you can instantly improve your work/life balance. Tips on sleep, nutrition, and getting your “daily big 3” done so you can accomplish goals that matter, instead of just being productive. If you ever feel like a workaholic, these tips will help you align back to a productive yet enjoyable schedule. In This Episode We Cover: Fighting the “cult of overwork” especially when working becomes a bragging right How to keep your business running at full speed while having time for your family The importance of putting up “hard boundaries” so your day can be respected Identifying the “big 3” tasks that you need to get done everyday How to implement “double wins” in your life Knowing which work is important and which work can be put on hold And So Much More!  Links from the Show BiggerPockets Podcast BiggerPockets book store Brandon's Instagram David's Instagram BiggerPockets Podcast 363: How to Work (Way) Less but Accomplish (Way) More in 2020 with Michael Hyatt Click here to check the full show notes: https://www.biggerpockets.com/show451 Learn more about your ad choices. Visit megaphone.fm/adchoices

First-time home buyer? At some point, all of us were. How do you make sure you’re getting a great deal, how should you pay for it, and what can you do to make sure it’s a purchase that will help you grow your wealth. In today’s episode, you’ll hear from Scott Trench and Mindy Jensen, hosts of the BiggerPockets Money Show. Their new book, First-Time Home Buyer, shows how to buy your first property in a way that sets you up for long-term success. Most people see their primary home as an investment, but that isn’t usually the truth. Housing is a cost, and like many costs in life, we should try to minimize it when we can. Having a lower housing cost can allow you to invest more of your money, build up safety reserves for repairs, and have the financial bandwidth to live with less stress.  Scott and Mindy debate cash flow vs appreciation, how much you should put down on your home, and what kind of liquidity position you need to be in to find success in your purchase and future endeavors. Even if you’re not looking to build a rental empire, this is a fantastic book for anyone who is looking into buying for the first time. Don’t know about equity, title insurance, or other real estate terms? No problem! First-Time Home Buyer has you covered.  In This Episode We Cover: What will 2021 hold for real estate investors and first-time home buyers Is appreciation or cash flow a better metric to measure How to have a primary residence that sets you up for long term wealth  The 5 steps to finding a great deal on a primary residence  Looking at the market even when you’re not ready to buy What people get wrong when they buy a home And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money BiggerPockets Money Podcast 165: How ‘Finance Ninja” Daniel J. Mills Started at $30k a Year and Grew a US Rental Empire from Japan Check the full show notes here: http://biggerpockets.com/show450 Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve known for a long time that humans aren’t great at multitasking. Once distracted, our brains find it hard to let go of the new information we’ve just learnt or seen. This is why the constant onslaught of emails, messages, texts, and phone calls could be killing our productivity and creativity. Cal Newport, author of A World Without Email, has seen this first hand. Cal discusses something he likes to call “Hyperactive Hivemind Workflow”, which is essentially what happens to our brains when we’re constantly being nudged by electronic messages. When you’ve got your head down and are working hard on an important project, just a simple glance at an email can spin everything out of whack. Here’s the thing, this is happening to all of us, all the time. We are constantly monitoring our emails and messages, and by the mid afternoon, we’re out of energy. We’ve exhausted all of our cognitive resources. But isn’t it productive to check emails and respond to them quickly throughout the day? This is what Cal refers to as the “fool’s gold of busyness”. Luckily, there are some ways to get us into a more productive state, without having a barrage of emails in our inbox. Cal talks about efficient meetings, Kanban boards, restricting ad hoc communication, having office hours, and being intentional with your time and attention. While these small email responses may seem like just a minute here or a minute there, they actually eat up a huge part of our work life. In This Episode We Cover: Why we need to limit our intake of email, messages, and other communication throughout the day Getting your team to be less ad hoc about communication and more intentional Having a “process and procedure first” mindset when starting a business Understanding what the “vital tasks” are in your business Knowing your cognizant footprint and having intentional attention And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Brandon's Instagram David's Instagram 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/show449 Learn more about your ad choices. Visit megaphone.fm/adchoices

Busy people tend to be...busy, and often, real estate investing is one of the things that they “just don’t have time for”. If you feel that way, listen to today’s guest, Dion Mcneeley as he describes his own system for buying real estate the “lazy” way.  Dion was a police officer and a truck driving instructor, taking care of his kids as a single parent, and struggling to get ahead. He went from $89,000 in debt to becoming debt free and financially free, thanks to the help of rental properties, in just 10 years.  After buying his primary home, Dion heard of success in owning rental properties, so he decided to move out of his house and into an apartment to see if he fit as a landlord. He rented the house to his friend, who later moved out without notifying him. Dion tried to make landlording work with another tenant, but ended up being underwater on the house payments. This is when he found BiggerPockets and read Rich Dad Poor Dad.  What was Dion’s mistake? He wasn’t running his rental properties like a business. After upgrading his processes, he went on to buy and house hack a duplex. Then he bought another duplex as an investment, and another one, then another house hack duplex. Within just 6 years, he had 7 units and was raking in $2,700 a month in pure cash flow! Dion talks about the mistakes he made, why he prefers side-by-side duplexes, how he’s located his properties for maximum asset protection, and goes into his amazing strategy for getting tenants to sign longer leases and raise their own rents. You can check out Dion’s Youtube channel or find him on the Real Estate Rookie Facebook Group! In This Episode We Cover: Why being lazy can be a benefit when building systems for real estate How to use your job and your rentals to achieve a 100% savings rate The benefit of side-by-side duplexes as opposed to two-story duplexes Making sure that your procedures are easy so they can be repeatable  Getting tenants on longer leases and higher rents with the “Binder Strategy” Spacing out rentals so you have a large pool of tenants to choose from And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 276: Early Retirement ($10k/Month) by Age 35 with Bryce Stewart BiggerPockets Podcast 443: 10 Ways to Learn Anything Faster with Jim Kwik BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah BiggerPockets Money Podcast BiggerPockets Business Podcast BiggerPockets Rookie Rookie Podcast 51: 18 Deals in 2 Years AND a Full Time Job with Kevin Christensen CDS Rental Calculator App BiggerPockets Rental Calculator Zillow Trulia Wells Fargo Guild Mortgage BiggerPockets Facebook Group Check the full show notes here: http://biggerpockets.com/show448 Learn more about your ad choices. Visit megaphone.fm/adchoices

What do you want out of life? What do you want to accomplish in the next 3-5 years? When asked this question, most entrepreneurs give a pretty simplistic answer. Something like “Oh, we’ll get more clients by this time next year” or “I’ll buy two more houses and then I’ll be happy”. How often do we sit down and paint a picture of what we want our life to look like? Today we’re discussing Vivid Visions with their creator Cameron Herold. Cameron is a veteran in the business world, he likes to say that he was “groomed” by his entrepreneurial grandparents and father to become a success story. By the time Cameron was 21, he had a full-on business that had 12 employees, and at 22 he bought his first rental property. He later became a franchisee for College Pro Painters and was so successful that he went on to coach new franchisees. He’s partnered with hundred-million dollar companies, grown and sold businesses for millions, coached the CEO of Sprint, a monarchy in the middle east, has written 5 books, and runs the Second in Command Podcast, where he talks to successful COOs. Cameron is someone who clearly has accomplished a lot and has a TON of wisdom to share. Cameron has serious knowledge on business management and talks about the importance of the CEO and COO relationship. Cameron describes how a COO needs to be a partner to the entrepreneur (the CEO) and operate as the ying to the CEO’s yang. If you’ve heard the terms “the visionary and the innovator” from books like Traction, this is exactly what Cameron is talking about. If you’ve been wondering where the idea of a “plan” or “vision” comes into play, Brandon, David, and Cameron all discuss their “Vivid Visions” and how it’s led them to success in their life. Cameron coined the term “Vivid Vision” because most entrepreneurs were simply writing down a 1-2 sentence mission statement instead of creating a vision of what they wanted their company and future to look like. This vision not only helps you build a life you want by design, it also entices great executives, employees, and partners to join you on your path to that clear and decisive “Vivid Vision”. In This Episode We Cover: How Brandon found out about the “Vivid Vision” and how it has changed his worldview since creating one Why Cameron decided to coach COOs as opposed to CEOs The importance of having a COO or 2nd in command that you trust and believe in Why your job postings should scare those who aren’t ready to take risks and grow Why entrepreneurs have such a hard time when letting go How to create your “Vivid Vision” in 7 steps What a great “Vivid Vision” looks like, what it includes, and how to structure it And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Brandon's Instagram David's Instagram BiggerPockets Business Podcast 39: Creating Your Vision and Achieving Massive Success with Cameron Herold BiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth Mosley Brandon's Vivid Vision (photo) Second-In-Command Podcast Vivid Vision Website Click here to check the full show notes: https://www.biggerpockets.com/show447 Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever had analysis paralysis? Maybe you have it right now and that’s why you’re listening to this episode! Kyle and Lauren Clugston would call that “productive procrastination”, and the only way to get out of it is to move forward! They should know, it took them over 3 years before they made their first move in real estate investing!  In college Lauren stumbled upon Brandon’s old blog about real estate investing. As she read, she gained more confidence in the craft, and knew that real estate was what she wanted to do with her money. She then started trying to convince her partner, Kyle, that real estate investing was the way to go. As someone without an investing background, Kyle was hesitant, but took a leap of faith which paid off! Now they're BRRRR-ing their way through New Jersey, with single family and multifamily properties throughout the state. Lauren and Kyle had to learn a lot before they became the real estate success stories they are now. Things like doing inspections, estimating rehab costs, getting financing, setting up systems and procedures, and getting legal documents prepared were at one point a great challenge to Lauren and Kyle. Now, they’ve got them down! Lauren and Kyle lay out everything they wish their former selves had known, and go through the things that early real estate investors should worry about, and the things they definitely shouldn’t lose sleep over. This advice could save months, weeks, or hours off of your deal analyses and might be just the thing you need to get out of analysis paralysis!  In This Episode We Cover: Why house hacking is such a great strategy for new investors Focusing on the right metrics, whether it be cashflow or units Defining your specific roles as partners and investors  The importance of weekly meetings with your team Setting up your real estate to run like a business, not just a hobby How to put together an “invest with us” packet for private lenders And SO much more! Links from the Show BiggerPockets Forums Grant Cardone BiggerPockets Youtube Channel Brandon's Old Blog BiggerPockets Webinars BiggerPockets Rehab Estimator Calculator BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber Bathroom Example (file) Check the full show notes here: http://biggerpockets.com/show446 Learn more about your ad choices. Visit megaphone.fm/adchoices

The BiggerPockets podcast has quite a diverse group of guests that come on the show. We’ve had writers, speakers, businesspeople, and actors, but this may be the first rapper we’ve had with us. Chris Greenwood AKA Manafest is in the studio, and instead of recording beats, he’s recording the best lessons he’s learned through his music career, real estate investing, and online business. Chris started out like many of us, working a stable job for a large corporation. After years of doing music on the side while working his full time job, he decided to take the jump and make rapping and rocking his career. Chris is the first to admit that this may not have been the best financial decision, and staying on the job for a little while longer could have relieved him of a lot of headaches. That being said, Chris didn’t just survive, he actually thrived in the music scene. When Chris and his wife decided to move out of their condo to upgrade to a larger home, they brought up the idea of renting out the condo instead of selling. This opened Chris up to the world of real estate investing, and as he saw the checks start to come in, he realized that this was a money maker that could help bring in stable income, passively while he worked on his music. Now Chris owns various properties and mainly buys from turnkey companies. Brandon, David, and Chris all have their own opinions on turnkey real estate investing, but they all agree on one thing: for those that don’t have much time to be an active investor, it’s a great way to start or stack up rental properties. Aside from rentals and rapping, Chris developed his own online course to teach other musicians how to successfully market their music in an industry that has such a high barrier to entry. Chris talks through how he separated himself from all the other “course gurus” and how you too can serve as an authoritative figure in your own community with knowledge, experience, and perseverance. In This Episode We Cover: How Manafest got his start in music (and why he made the jump to full time) The struggles and benefits of working a full-time job and pursuing your dreams Renting your primary residence instead of selling when you move out Not getting sucked into the “you’ll have to fix toilets” fear of real estate investing  Turnkey rentals and why they may (or may not) work for your investing strategy Having the drive to help people before you ask for money or a sale Chris’s book From Red to Black And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Manafest Website Click here to check the full show notes: https://www.biggerpockets.com/show445 Learn more about your ad choices. Visit megaphone.fm/adchoices

It seems like young real estate investors get more and more impressive every week. Today we talk with Cole Ruud-Johnson, a wholesaler and flipper out of the Seattle area. The impressive part? He’s 22 years old and has done 150+ deals to date! Even at 22, Cole’s journey wasn’t a linear path, he had lots of ups and downs to get him to the level of success he achieves now.  Cole tried to be a real estate agent at 18, but wasn’t getting the hang of it. After failing at a couple of real estate brokerages, he entered into a third and learned how they were creating their own inventory via cold calling. He decided he’d give this a try, and partnered up with his friend to cold call for deals. After three months, an agent brought them their first off-market deal. This first deal alone netted them $105,000. Yes, you read that right, six-figures on ONE wholesale deal. This wasn’t enough for Cole, he knew he had to get back out there and work on getting his next deal. Cole’s small business grew to a small empire, but over time this pushed him into a massive burn out. He had to make some BIG changes in his business, many of which even business veterans wouldn’t be comfortable doing.  Now he’s here with us on the podcast, talking through his lean team, his deals, his systems, and how new wholesalers can start getting deals. Cole even throws in the script he uses to get wholesale deals over the phone, so if you’re thinking about getting off-market deals or starting your wholesaling journey, this is the episode for you! In This Episode We Cover: How wholesaling and off-market deals can net big profits Why you need to be consistent when cold calling  The script that Cole uses to get off-market and wholesale deals How to scale your business (and prevent massive burnout) Growing slowly to scale, instead of fast and crashing The types of lists that Cole and his team pull Keeping the flow of communication open between you and your partners Taking action instead of just taking in information And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 443: 10 Ways to Learn Anything Faster with Jim Kwik BiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason Drees BiggerPockets Podcast 365: Ret. Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership (+ His Real Estate Investing Tips!) BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber BiggerPockets Podcast 394: Making a 25 Deal/Year Business (and Marriage) Work… Together! with Elliot and Chrissy Smith BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan Check the full show notes here: http://biggerpockets.com/show444 Learn more about your ad choices. Visit megaphone.fm/adchoices

During childhood, Jim Kwik experienced a traumatic brain injury. As a result, he lacked focus in school, wasn’t able to read properly, and at one point, a teacher told him that he had a “broken brain”. So how did a kid with a “broken brain” become the leading mental coach for athletes, CEOs, and movie stars? Simple: Jim looked into how to learn instead of what to learn. Soon enough, Jim was reading faster, memorizing with higher accuracy, and doing well in school. His friends asked him for some tips so they could improve their grades as well. With some success in his inner circle, he decided to make a flyer for speed reading and memory improvement classes. He put up the flyer at his college hoping one or two people would show up to his impromptu class. Over 100 students showed up, of which 71 signed up for a full course with Jim. After that, Jim knew it was his life mission to help those who wanted to learn, memorize, and live better. So why is it so hard for some people to memorize things? We forget details all the time, whether it be names, addresses, phone numbers, or other important information. Jim goes through a simple method to memorizing any piece of information, called the M.O.M system. He also outlines 10 tips for a limitless brain, many of which you can implement soon after you finish this episode! Even something as simple as reading slightly faster can allow you to save weeks worth of time each year. So if you’ve been beating yourself up over forgetting that one seller’s name, check out Jim Kwik’s podcast and his new book Limitless. As Jim puts it, increasing your memory and reading power not only adds years to your life, but life to your years! In This Episode We Cover: How Jim recovered from a traumatic brain injury as a child Why school teaches us what to learn, but not how to learn Increasing your reading speed so you can finish tasks faster How to remember important things like names, addresses, and phone numbers The 3 keys to a better memory The 10 tips for a limitless brain (including diet, exercise, and learning) How to learn anything faster (no matter what it is!) And SO Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Jim Kwik’s podcast Limitless by Jim Kwik Click here to check the full show notes: https://www.biggerpockets.com/show443 Learn more about your ad choices. Visit megaphone.fm/adchoices

Hearing Bryce Stewart’s story may sound familiar to long-time BiggerPockets Podcast listeners. That’s because Bryce was on Episode 276 where he gave the great metaphor “vacuuming out the truck” relating to real estate investments. Bryce is back to talk about being a great mentor/mentee, what every contractor needs before working on a rental, how to go from active to passive real estate ownership, and his new book House-Hacker’s Guide To The Galaxy. Bryce understands what it’s like to be a new investor. Every step seems hard, the end result seems almost impossible, so where do you even start? Simply, take a step forward, no matter how small it is. Even just starting to save a few hundred bucks a month can be your first step towards becoming a real estate investor. As time goes on, these small steps become giant leaps, and what seemed impossible at first, can now be doubled since you have the know-how. Bryce takes us back to a time where he didn’t know how to get his property taxes lowered, but through very incremental steps was able to make a case and save himself thousands of dollars in the long run. Looking for a mentor? Stick around to hear Bryce’s top piece of advice for any new real estate investor. This simple tactic can help beginner investors know more about what they’re getting into and also show the mentor they’re serious about their new interest. In This Episode We Cover: Why small steps can lead to massive leaps in real estate investing How to go from an active to a passive investor Why newbies should know what collateral is and how it affects their loans What every contractor needs to have before they work with Bryce A specialized and creative new BRRRR strategy What you can do to get your foot in the door as a real estate investor And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore BiggerPockets Podcast 276: Early Retirement ($10k/Month) by Age 35 with Bryce Stewart BiggerPockets Webinars Docusign Dotloop M1 Mastermind YNAB Zillow The Crown (Netflix) Young Life Check the full show notes here: http://biggerpockets.com/show442 Learn more about your ad choices. Visit megaphone.fm/adchoices

When most people think of professional athletes, they usually think of superstars being paid millions every month (or even every week). Most people don’t come to realize that for everyone on an NFL team, that pay grade isn’t as high. That too, is what Hakeem Valles found out after being signed on by the Cardinals. Hakeem wasn’t making a lot, and realized that he was essentially throwing away $2,000 a month on rent. After one season with the team, he decided to go on BiggerPockets and ask around for agents and leads in the area. Hakeem ended up with a LOT of responses and found a great agent who helped him close on a fourplex, which he house hacked while practicing with the team. It’s hard enough to house hack when your tenants know you’re the owner, but it can be even harder when your tenants know you’re an NFL player. Hakeem’s advice: be a tenant of your own property and don’t let the other tenants know that you own the place. Doing this can help reduce some awkward encounters you may have. After retiring, Hakeem went on to do bigger real estate deals and partnered up on a 40 acre farm! He also owns Perspective Global Media, where he counsels other real estate professionals on how to grow their reach through social media platforms like TikTok and LinkedIn. Hakeem drops some gems towards the end of this episode on how you too can use TikTok to gain followers, clients, and partners! In This Episode We Cover: Why even professional athletes need to have multiple streams of income How a shocking event in Hakeem’s life changed his outlook forever Fighting income creep and keeping expenses low When renting does and doesn’t make sense for your financial situation The biggest mistake Hakeem made when living in his fourplex How to fight the fear of getting into real estate (and making mistakes) Using social media to leverage your personal brand and grow followers and clients And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Books Mentioned in this Show: Rental Property Investing by Brandon Turner The Go-Giver by Bob burg The 1 Thing by Gary Keller Click here to check the full show notes: https://www.biggerpockets.com/show441 Learn more about your ad choices. Visit megaphone.fm/adchoices

Believe it or not, TikTok isn’t just teenagers doing dances; there are actually some pretty influential investors on the platform. Meet Daniel Iles, a TikTok and Youtube creator who bought a staggering $1,000,000 in real estate during his first year of investing. Daniel was able to amass this serious sum of real estate while only putting $23,000 down. Now that’s impressive! Due to an aggressive goal of reading 60 books a year, Daniel picked up a book that many of our listeners have heard of, Investing in Real Estate with No (and Low) Money Down from our very own Brandon Turner. This unlocked the potential of investing in real estate for Daniel. He took advantage of FHA loans, using equity as down payments, and building his credit to get loans from small credit unions and banks. Daniel now owns 9 units and a combined valuation of almost $1,500,000, still with almost no money down. Daniel stresses that his success comes from systems. Whether it’s systems about credit cards, loans, tenant management, deal analyzing, or anything else related to real estate investing, systems are the key to keeping your sanity when things go wrong. He also has some tips for new investors trying to acquire a lot of real estate, in a small amount of time. Creating these systems for scaling will allow you to make smart decisions and invest in a way that doesn’t push you to burn out. In This Episode We Cover: Using TikTok as a creator, not a consumer, to connect with influential investors How Alaska real estate compares to continental United States real estate Securing houses with low or no money down Using equity in a house as the down payment Why small banks and credit unions may be more flexible when funding deals What Daniel looks for in his rental properties Tenant management systems for simpler investing And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore TikTok BiggerPockets Podcast 407: Buying 100+ Houses/Year in 4 Hours/Week Using Teams, Traction, and (Get this…) TikTok with Ryan Pineda Zillow Realtor Craigslist TenantCloud Tim Ferriss Check the full show notes here: http://biggerpockets.com/show440 Learn more about your ad choices. Visit megaphone.fm/adchoices

Last week’s show with Marie Forleo was so good that Brandon and David are back with a special guest, BiggerPockets’ senior producer Kevin Leahy, to unpack all the wisdom from the “figureoutable” show. Kevin learnt about Marie Forleo though his wife suggesting he take some of her advice when transitioning into his current position at BiggerPockets. A simple trick from Marie helped Kevin make some big decisions: see if your body expands or contracts when you think about two different options. This trick, along with her insight on writing your options down in order to take a step back from your situation, has helped Kevin make some hard decisions. If you listened to last week’s show, you’ll remember that Marie touched on how important marketing is in any industry. Whether you’re a real estate agent, a buy and hold investor, or a flipper, you have to be marketing to get clients, deals, and even employees. How are you differentiating yourself in the market, and what can you do to be “that guy” or “that girl” in your specific industry? You’ll also hear a special tip on how Kevin lost a deal to another buyer, and the exact tactic that the other buyer used to get the property under contract. Kevin goes through why this is such a great tactic for making sellers comfortable and how you can deploy it in your future deals as well. In This Episode We Cover: How to stop trying to force square pegs into round holes The importance of taking a step back when assessing the situation Harnessing intense emotions to make a better game plan Why every business person NEEDS marketing in their industry How to differentiate yourself within a market Standing out to sellers to get more deals underway And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store BiggerPockets Podcast 437: How Your “Worst Case Scenario” Can Set You Free From a Job You Hate with Marie Forleo Click here to check the full show notes: https://www.biggerpockets.com/show439 Learn more about your ad choices. Visit megaphone.fm/adchoices

Anson Young’s voice may sound familiar to you, that’s because he’s been on the podcast four times! Every time he’s back we learn something new, and today, Anson is talking about how to find and fund great deals, regardless of your schedule, or budget. You don’t need to be a full-time real estate professional to find great deals, just be sure to follow Anson’s advice. If you haven’t heard Anson’s prior episodes, here’s a recap. Anson has touched on almost every aspect of real estate investing. He flips, he wholesales, and he sells houses as an agent, meaning he has a huge amount of knowledge to share to BiggerPockets listeners. On average, Anson is doing 12-15 flips a year, 10 wholesale deals a year, and a dozen or so sales a year as an agent. Anson has some great advice on finding off-market (and on-market) deals that include driving for dollars, door knocking, and list building. He also shares how to build a profitable list, what neighborhoods to look into for deals, and how to specify what type of home you’re trying to get depending on your goals. If you’ve been trying to get your foot in the door to real estate investing, Anson shares why many people have trouble at the start. It all comes down to consistency. If you’re new, it may be fun at first to start driving for dollars, but are you doing it consistently? Do you have an accountability partner that can hold you to a high standard to get the work done? Are you systematizing your leads or trying to juggle them all in your head? We also talk about Anson’s fantastic book Finding and Funding Great Deals, where you can find everything you need to find and fund your next real estate deal. We’re also happy to announce the BiggerPockets Book Club, where you can hear from Anson live and ask him questions about his deals, his book, and his portfolio! In This Episode We Cover: How to find profitable deals in hot markets  Determining your goals and aligning them to your investor strategy  What to do if you struggle with consistency in real estate investing How to analyze not only your deals but your market as a whole What to look for in niche lists when prospecting off-market deals Hiring out jobs to get your lead funnel filled How to have your letter stand out when doing direct mail marketing And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Book Club BiggerPockets Podcast 034: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson Young BiggerPockets Podcast 096: Finding Deals, Wholesaling and House Flipping in a Hot Market With Anson Young BiggerPockets Podcast 235: How to Find and Fund Real Estate Deals with Anson Young BiggerPockets Podcast 328: How to Laser-Focus on the Wildly Important With Author Chris McChesney Zillow Redfin Official BiggerPockets Facebook Group Whitepages BiggerPockets Podcast 012 : Wholesaling and Marketing with Sharon Vornholt ListSource BiggerPockets Podcast 437: How Your “Worst Case Scenario” Can Set You Free From a Job You Hate with Marie Forleo BiggerPockets Podcast 365: Ret. Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership (+ His Real Estate Investing Tips!) Check the full show notes here: http://biggerpockets.com/show438 Learn more about your ad choices. Visit megaphone.fm/adchoices

Marie Forleo, world class coach, marketer, and author, grew up with a mother that did everything. Whether it was retiling the bathroom, fixing a leak in the roof, or performing electrical engineering on small appliances, her mother seemed to be able to figure out almost anything. One day she told Marie “everything is figureoutable”, which became the mantra for her career. Fast forward a decade or so, Marie is working on the floor of the New York Stock Exchange, surrounded by the mega rich. She was stressed out and felt that she wasn’t in the right place. After a prayer and a cry, Marie knew she needed to get out from a job that was slowly killing her. She made the jump and went after coaching, without any experience, money, or clients. Before she left her job she asked herself, “what is the worst case scenario if I leave”. She calculated it out, wrote it down, and realized, the worst case scenario really wasn’t all that bad. Marie strongly believes that although you can be a victim of circumstances, you should never victimize yourself and tell yourself that you “can’t” do something. Everyone has the ability to reach their full potential, but once you start putting up excuses, it’s hard to get there. “Feel the fear”, that’s what Marie told herself in those trying times, and continues to tell herself and her clients that everyday. As she puts it “Fear is really trying to tell you to move towards something”. As real estate investors, this is something we can all relate to, but often don’t put into practice. Well, now's the time to! In This Episode We Cover: The 3 rules of “everything is figureoutable” The power of neuroscience and how you can use it to shape your behavior How would you behave if you were the best in the world at your job? Changing your limiting beliefs to reach something greater Knowing when to leave a bad job and having a plan for the worst case scenario Feeling the fear and running towards things that scare you Pulling yourself out of the victim trap (even if you are a victim) And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Everything is Figureoutable Website Marie's B School Click here to check the full show notes: https://www.biggerpockets.com/show437 Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a limiting belief that many people have: “I can’t do this thing because I have no experience”. Jamie Gruber disagreed with this line of thinking. Even with no multifamily experience, Jamie decided he wanted to be a multifamily investor. So what did he do? He started the Multifamily and More meetup to network with existing multifamily investors. This didn’t mean that Jamie had no experience in real estate, he had a small portfolio of single family homes that he started to landlord by accident. Even with no experience in the multifamily space he was interested in, he was able to secure a deal with a member of his network. Now with 21 chapters and 10,000+ members, Multifamily and More has become a big part of the multifamily investing community. It grew because, as Jamie describes, he added value, stayed consistent with meetings and postings, and built an online community that could network and interact (even during COVID). Jamie gives his tips on starting a lasting community, how to navigate meetups during COVID lockdowns, finding the best partners for multifamily deals, and the importance of cash reserves when buying a property. Many single family investors want to transition to multifamily, if you’re part of that demographic, join Multifamily and More! In This Episode We Cover: Turning your primary residence into a profitable investment instead of selling The importance of having cash reserves available when doing deals How to break through single family investing and start growing a multifamily portfolio What a business partner needs to see in you before they can offer you deals, money, or experience The difference between financing residential deals and financing multifamily deals Why you need to have a good operating agreement when partnering on deals And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast BiggerPockets Podcast 266: How We Used a Partnership to Buy 900 Units with Jake and Gino Meetup.com Gobundance Emerge Zoom BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn  Check the full show notes here: https://www.biggerpockets.com/show436 Learn more about your ad choices. Visit megaphone.fm/adchoices

Scott McGillivray is back for this second part of his amazing interview. Last time we talked about the nitty gritty of Scott’s investments, how he started to acquire houses, and building his empire. Now we’re touching more on the mindset of what makes Scott so successful, and how you can put yourself in his shoes. Many people may know Scott from his HGTV shows, but maybe you didn’t know he was once in a boy band. Seriously. He took dance classes, convinced his friends to join him, and sold out some shows, but the takeaway from this short-lived boy band was priceless. If you see someone else finding success with something, use their blazed trail to find success yourself. From his boy band, to being on student council, and even the passing away of a loved one, Scott learned valuable lessonsthat he took with him for the rest of his life, and now gets to share with the BiggerPockets audience. Scott goes on to share a story that made him pivot the direction of his life as a teenager, and lead him to become the real estate mogul he is today. Scott goes through his top pieces of advice for young people and proves how planting seeds for investments early leads to acres upon acres of residual fruits for decades to come. In This Episode We Cover: How Scott manages his hectic life between companies, shows, and family Why successful people aren’t afraid of failing What young or inexperienced investors should do when they feel scared of taking a risk Why Scott says you “can’t lose money in real estate” The importance of talking to those who are older and have more experience than you Scott’s top pieces of advice for young people just starting out their careers How Scott runs his companies and what he’s doing to be a better leader How you can be the MVP of your company  And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Books Mentioned in this Show: E-Myth by Michael Gerber Built to Sell by John Warrillow Click here to check the full show notes: https://www.biggerpockets.com/show435 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you like watching home improvement shows such as Income Property, Vacation House Rules, and Buyers Bootcamp? If so, you’re in luck! Joining us on the podcast is HGTV host Scott McGillivray! Scott has been hosting some of the best real estate investing and construction shows for over a decade now, and if you like BiggerPockets, you’ve probably seen an episode of one of Scott’s shows! Scott’s investing career started long before his TV network deals. As a student in college, Scott accidentally stumbled upon his landlord’s mortgage statement of account. He realized that him and his roommates were paying a few hundred dollars over what their landlord was paying monthly for a mortgage. That was the lightbulb moment for Scott. It was time to get into real estate investing. While in college with no job, very little money, and no experience, Scott bought a house and moved out of his rented room. Now he wanted more. Over the next few years Scott started amassing more and more rentals, taking as many financing options as he could get his hands on. By the time he was 25, he already had 25 units and a significant amount of profit coming in every year. This only pushed Scott to strive for bigger and better deals. Now Scott owns hundreds of rentals, and spends his time between Florida and Canada, finding more deals, and fixing up more rentals. Scott is a tried and true investor, one who has gone through different market swings, different fads, and many different tenants. While he’s only in his early 40s, he has amassed an extensive knowledge of the real estate space. It’s no surprise he’s one of Brandon’s real estate heroes! If you liked this episode be sure to tune in this weekend for part 2 of Scott's interview! In This Episode We Cover: When is the best time to get started in real estate? Why most people are scared to invest, and what pushes them to finally do it Amassing a small real estate empire even while you’re young How to take advantage of financing offers and how Scott closed on 8 houses in the same day Why you need to give your investing career time to start rolling What a “double offer” is, and how you can use it to beat others to a deal Why you should take action even when the market is uncertain The ScottMc Method And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Shirt BiggerPockets Podcast Income Property Show Grant Cardone Brandon's Guesting in Scott's Podcast Check the full show notes here: http://biggerpockets.com/show434 Learn more about your ad choices. Visit megaphone.fm/adchoices

You may have heard a speech from Ed Mylett (AKA the greatest speaker of today) sometime before this episode, but maybe not like this. For those who don’t know, Ed Mylett is a renowned speaker, entrepreneur, real estate investor, author, and podcaster. He has started businesses worth millions and continues to teach entrepreneurs through his personal brand. What many people don’t know is how much Ed loves real estate. That’s right, you heard it first on BiggerPockets! It’s not the speaking, writing, and podcasting, it’s owning cash flowing properties. As a matter of fact, he just closed on one recently with his son and did an astonishing $100 million in real estate deals in 2020. Ed emphasizes the importance of faith, generosity, and most importantly, setting your life at a high standard. These seem to be the key thought processes that many other successful entrepreneurs have, and again proves Ed’s point on their importance. It’s not easy being in real estate, especially when the deals get big (we’re talking $25M+ deals). Ed cautions young investors to not bite off more than they can chew, or as he puts it “don’t take a loss where you can’t fight again”. In a world full of mega-leveraged investment opportunities, this might be the advice new investors need to feel confident going forward. This episode also dives into the importance of having a purpose, whether related to faith or not, and how you need to chase the life you want, set your standards high, and do the most impactful things to accomplish them. Links from the Show BiggerPockets Podcast BiggerPockets book store #Maxout Your Life Website Books Mentioned in this Show: #Maxout Your Life by Ed Mylett E-Myth by Michael Gerber Click here to check the full show notes: https://www.biggerpockets.com/show433 Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone wants to be a millionaire, and if you’re listening to this episode, you probably want to be one as well! With so many online gurus trying to sell their secret to success, it can be hard to distinguish the real from the...not so real. On this episode, we’re lucky enough to have two millionaires with us! Brandon Turner and David Greene! Brandon and David have compiled a list of 4 traits that all millionaires possess, and if you can possess these traits too, you’ll be on your path to millions. These millionaire traits aren’t just exemplified in Brandon and David, these traits tend to be universally consistent across self-made millionaires. This episode will also touch on mastery and how you can not only achieve it, but refine it using the 4 stages of mastery. Stuck on a deal, don’t know where to go next in your career, thinking of jumping ship on a project? List down these 4 stages and see where you stand, you’ll be able to see what you need to do to go on to achieve greater mastery in whatever you’re interested in. Since it’s the start of the year, it’s a great time to look forward with not only hope, but a plan. Take your existing plan and see where these traits and stages fit into your life, where you’re lacking, and where you can do better. This is how you’ll achieve success and the coveted millionaire status. In This Episode We Cover: What sets apart millionaires from those chasing millions The 4 common traits of a millionaire Developing your crystal clear criteria for investing in real estate The importance of raising standards over time to achieve more Why tracking your personal AND business life can merge to benefit your entire life The 4 stages of mastery that will make you into a millionaire And SO much more! Links from the Show BiggerPockets Forums Ramit Sethi Will Teach You to Be Rich! – BiggerPockets Money Podcast 73 BiggerPockets Money Podcast 127: Planning for the Unexpected: Being Financially Ready to Take Advantage of Opportunities with Ramit Sethi BiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason Drees BiggerPockets Calculators BiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray  Check the full show notes here: https://www.biggerpockets.com/show432 Learn more about your ad choices. Visit megaphone.fm/adchoices

Your agent is calling you to show you houses, your boss is emailing you about some work to do, your partner wants to grab dinner, and you want to take a nap. How do you prioritize things in your life when everything seems so important? The key is essentialism. Joining the podcast today is Greg McKeown, Author of Essentialism: The Disciplined Pursuit of Less. Greg relates to the struggle of many entrepreneurs and investors: too many options, not enough time. Instead of telling you to wake up at 5 AM, take a cold shower and work until 10PM, he presents a far more effective (and simple) approach. What Greg suggests: pick the things you care most about, do them, and don’t worry about the rest. But how do you pick when everything seems essential? The answer: almost everything else besides your core cares/needs aren’t essential. If you begin to treat the non-essential as essential, you stretch yourself too thin, not allowing you the time to accomplish what truly is...essential. In the modern age, many of us feel like we don’t have time to accomplish everything we want. When we get laser-focused and put the principles of essentialism in our daily lives, we can accomplish more than ever. In This Episode We Cover: What is essentialism? How to designate the non-essential from the essential tasks Why having too many good options puts us in a dangerous position How to find out which tasks deserve delegation or deletion Developing the courage to say “no” Finding an accountability partner so you’re locked in for success Why Brandon wants to spend less time on Tiktok And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Essentialism book Website StickK App. How to turn goals into a reality Click here to check the full show notes: https://www.biggerpockets.com/show431 Learn more about your ad choices. Visit megaphone.fm/adchoices

Another year of the BiggerPockets Real Estate Podcast is in the books! This time, we’re joined by co hosts, David and Brandon, live from the Sea Shed in Maui! We’ve had such a fantastic group of guests this year, so to help ease into 2021, David and Brandon picked their 7 favorite clips from the whole year. You’ll hear from familiar faces like Tarl Yarber, Thach Nguyen, and other real estate rockstars. This episode doesn’t just touch on real estate, we also go into how many real estate professionals made personal growth a priority when accomplishing their goals, all while enjoying their life more. If you’re ready to expand your business, get more units under contract, or begin your first house hack, this advice will be crucial for your personal, business, and real estate success in the coming year. It has certainly helped out Brandon and David! Thanks again for joining us this year, we look forward to interviewing even more amazing guests in 2021 (and beyond)! In This Episode We Cover: Why certainty is often more expensive than risk Why integrity in the present is worth so much more for your future Staying focused on the long-term perspective for consistent success The importance of peace of mind when investing in real estate (and other assets) Why you need to build a business around your life (not the other way around) How to commit even when you don’t have all the pieces needed Why you always need to keep your expenses low (if you want to escape the rat race) And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 368: $3,500 per Month From One BRRRR Deal With Palak Shah BiggerPockets Business Podcast BiggerPockets Business Podcast 88: What’s Your Special “Cut”? Why Brandon Turner and David Greene Doubled Down on Theirs in 2020 BiggerPockets Podcast 375: Live Coronavirus Q&A: Resources, Tactics, and Mindset Shifts for Today’s Real Estate Investor BiggerPockets Podcast 376: 12 Real Estate Rockstars Reveal Their No. 1 Tip for Surviving (& Thriving) Through a Downturn BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn BiggerPockets Podcast 201: Flipping 100+ “Zombie” Houses with Justin Stamper Zombie House Flipping 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 395: From Car Valet to $100k/Month… Seriously! with Thach Nguyen BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber BiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason Drees BiggerPockets Podcast 422: From W2-Job Single Mom to Flipping Real Estate Rockstar with Amanda Young BiggerPockets Podcast 425: Focusing On Your $10,000/Hour Tasks (And How to Outsource the Rest!) with Benjamin Hardy BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan BiggerPockets Webinars BiggerPockets Podcast 385: Once Homeless, Now Investing in an Expensive Market (With No Money of His Own) With Greg Gaudet BiggerPockets Podcast 393: Campus Maintenance Man to $10M in Real Estate Owned with Rick Jarman Rick Jarman's Instagram Check the full show notes here: https://www.biggerpockets.com/show430 Learn more about your ad choices. Visit megaphone.fm/adchoices

How many times has something happened in life where we blamed someone besides ourselves for the outcome? Didn’t get a promotion: it’s your bosses fault for being greedy! Ran late to work: it’s all the other drivers faults, not yours! Investment property having problems: it’s the tenant doing all the damage! Ryan Michler, founder of the Order of Man, sees this sort of victim mentality as a massive block to our full potential. He makes the well-put point that all we can do is control our effort, we can’t control others. This realization didn’t come easy, though. Ryan realized this after a tough fight with his partner, leading him to reevaluate not only their relationship, but the way he shifted blame on others, in an unhealthy way. Now Ryan interviews the men that he looks up to on his own podcast, all while running his organization/brotherhood of those part of the “Order of Man”. It’s not easy to stay humble and calm all the time, especially in the state of our current world, but Ryan does as good of a job as any to remind us all that our future is in our hands, and all we can do is try our best, consistently. In This Episode We Cover: Why we all need to practice humility, ownership, responsibility, and sovereignty  The importance of having a “servant’s mindset” even as a business owner How to constantly add value to whatever you do in life Why we should shift our focus to our efforts and not other’s efforts Why having children makes you want to be better and push harder The importance of owning and running a business, even at a young age Dropping the “I” and using the “We” when leading a team Why “the win” is simply “playing the game” And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store The Intention Journal Order Of Man Podcast Click here to check the full show notes: https://www.biggerpockets.com/show429 Learn more about your ad choices. Visit megaphone.fm/adchoices

Rodney Ross didn’t have the most gracious entrance to the real estate space. He bought a house while in college, with only $8,000 down and not a lot in the bank. The house ended up getting de-authorized for tenants to live in so Rodney had to go back on his loan. Game over right? Time to give up? Not for Rodney! While finishing college, Rodney decided to take it a bit slower, getting his real estate agent license so he could build up the capital to buy rentals. He’s been an agent, a wholesaler, a general contractor, and a buy and hold investor. If it’s happening in real estate, Rodney probably knows about it! Unlike many new (and even experienced) real estate investors, Rodney took the time to nurture leads, have meaningful conversations with sellers and buyers, and found that by having some basic empathy for the other party, you’re more likely to close deals. This strategy seemed to have worked, in a decade since his first deal, Rodney now has around 20 cash flowing units, and he’s looking for more!  Using the 203k loan, Rodney has been able to get homes at a discount, finance the repairs, and get them rented and refinanced, kind of like a speciality BRRRR. This episode proves that if you care about real estate, care about your partners, and are willing to take risks, it will truly pay off. In This Episode We Cover: How to get back up after a frustrating investment How knowing about construction timelines and projects can help you get comfortable enough to do your first rehab Why mixed use properties are often an overlooked real estate class The importance of defining your role with your partner How to talk to buyers so they’ll choose you over other offers Why it’s so important to look out for the other real estate parties in a deal And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast BiggerPockets Store Keller Williams Wells Fargo Check the full show notes here: http://biggerpockets.com/show428 Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re joined today by author, consultant, and entrepreneur Brian Moran, author of The 12 Week Year. Brian holds a view that many BiggerPockets listeners subscribe to: you are more capable than you think. Through short term sprints, Brian has found that we can all accomplish long-term goals, regardless of the difficulty. This isn’t just a strategy that works for real estate, this works in any industry. Brian has consulted with every kind of business, and the results speak for themselves. Regardless of job type, business type, or industry type, the 12 week yearhelps you accomplish more by doubling down on what you need to do most. Brian also talks about the danger of long term goal setting, and even annual goal setting. It isn’t that long term goal setting doesn’t work, it’s that it presents us with a long time frame to accomplish something we could do far quicker. That’s how the 12 week year kicks our “unproductive mindset” to the curb, and gets us fired up to do great things sooner. Many investors find it hard to break out of their comfort zone, do the things that they find hard, or even just feel motivated. The crucial part of finding success wherever you need it? Take action, start today, track, plan, and re-plan when needed. You’ll soon find that you’re fired up about things that used to seem scary! In This Episode We Cover: What the “12 Week Year” really is How short term goal setting can help you accomplish your biggest goals Why you need to shift focus to executable tasks  How to get tactical on your goals and what you can do to accomplish them Leaning into hard things and shying away from comfort The importance of “vision work” and knowing where you’re headed Holding yourself accountable for what you want most in life How repetition forms competence and competence forms confidence And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Real Estate Investment Calculators Buy, Rehab, Rent, Refinance, Repeat by David Greene The House Hacking Strategy by Craig Curelop Click here to check the full show notes: https://www.biggerpockets.com/show427 Learn more about your ad choices. Visit megaphone.fm/adchoices

Many new investors find excuses for why they can’t buy properties. Either they don’t have the money, the deals, or the experience. Our guest today, Jon Wooten, had none of these three, but found a way to acquire 18 units (and become financially free) in only a few years. By asking questions and sticking out to the local real estate investors, Jon was able to acquire valuable experience, all while gaining equity in his rental properties. Jon has his own method for finding deals and acquiring wealth, called the “Sunflower Method”, which has helped him get to the point he is at. Now, financially free at 28, Jon has the ability to choose whether he wants to work, which projects to go after, and how he wants to spend his time. This isn’t a far away goal that only the rich and well connected can get to, it’s available for all real estate investors! You may be working a minimum wage job, stuck in a career you want out of, or have debt. Jon shows that all of these can’t stop you from acquiring wealth! How do you find houses? How do you find a mentor? What’s the best way to find a quality handyman? How can you make sure a house is being inspected properly. All these questions and more are answered in this episode! In This Episode We Cover: How to find a mentor AND get your first rental Why you should make it an effort to get to know your local real estate investors  Why self-managing is a great way to gain experience How to get seller financing on a rental (and who to ask for it) Why you should call “for rent” signs What the “Sunflower Method” is and how it builds wealth The best way to find a quality (and inexpensive) handyman  Fake cash flow vs Pure cash flow How to properly inspect a house before you make an offer And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast BiggerPockets Store BiggerPockets Podcast 050: Getting Started and No Money Down House Flipping with Mike Simmons BiggerPockets Podcast 200: A Step-by-Step Guide to Buying Your First Real Estate Investment BiggerPockets Podcast 180: 58 Deals by Age Twenty-Three with Devan McClish BiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” Murdock Open Door Capital Tony Robbins Check the full show notes here: https://www.biggerpockets.com/show426 Learn more about your ad choices. Visit megaphone.fm/adchoices

On last week’s episode, we talked to Dan Sullivan, author of Who Not How. This week, we’re joined by his co-author, Benjamin Hardy. Benjamin has spent the last few years getting his PhD in organizational psychology, writing books such as Personality Isn’t Permanent and Willpower Doesn’t Work. These tie perfectly into his new book Who Not How, and will help you get to the business, personal, fitness, or other goals you’re trying to reach. Benjamin goes through why things like willpower and effort are often misunderstood, and how they can be used as tools to get you to your goals, but they aren’t the path. Benjamin walks us through why so many entrepreneurs get “decision fatigue” and why situations often rule over people, not the other way around. Benjamin presents a very unique view on shaping your future, one that isn’t often talked about in the self-help and business space. With many entrepreneurs feeling stressed, fatigued, or just confused, Benjamin’s advice offers not only a practical, but tangible way to accomplish what you want and do better in your business and personal life. We also double down on the importance of hiring people who will make your life easier, not just for your sake, but for theirs as well. Plus, Benjamin shares one of the most important hires you can make that will help you clear hundreds of hours off your calendar. This episode isn’t just about why you should hire an employee. It’s about how you designate your time, and ultimately your life. As Benjamin says “Your future self is more important than your present self”, and for good reason! In This Episode We Cover: Why willpower doesn’t work in the way many people think it does Why situations are often more powerful than people How to remove “decision fatigue” and stop it from plaguing your life How to find the right “who” for your organization and life Defining your crystal clear criteria for your future self and the roles of others How to be the right “who” for someone else’s “how” Applying behaviors so your identity can follow Focusing more on getting your “$10,000 tasks” done And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Benjamin's book: Willpower Doesn't Work Click here to check the full show notes: https://www.biggerpockets.com/show425 Learn more about your ad choices. Visit megaphone.fm/adchoices

We have a real estate and investing mastermind session in this episode of the BiggerPockets Real Estate podcast! J Scott, Amanda Han, & Matt MacFarland join David and Brandon to discuss what investors should do to maximize their wealth (and opportunities) in 2021. Co-host David Greene goes over his new book SOLD: Every Real Estate Agent’s Guide to Building a Profitable Business, talking through who should (and shouldn’t) be an agent, what makes a great agent, how agents can maximize their income, and more! J Scott talks heavily about how the election, stimulus packages, and new (proposed) tax codes could hurt (or help) real estate agents, and what you can do to ward off higher tax plans, loss of rent, or even inflation. Amanda and Matt are our tax professionals on the show! They dive into which upcoming 2021 tax codes could affect you, whether you’re an agent, a real estate investor, or just a W2 worker! This is a fantastic episode for any listener who wants to know more about how 2021 may shape our economic future. Thankfully, we have some of the best guests in the world to tell you about it! In This Episode We Cover: Who should and shouldn’t become a real estate agent How to offset earned income tax with real estate investments Why you should buy David’s new book SOLD: Every Real Estate Agent’s Guide to Building a Profitable Business The new opportunity of buying businesses in 2021 How to hire your best workers (and why you may need to let some go) How 2020 taught us to keep our businesses lean What to do if 1031 exchanges go away How inflation may affect your wealth over the next 1-5 years Why debt is a great inflation hedge And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast BiggerPockets Bookstore 20% off code: podcast BiggerPockets Business Podcast 20: The Questions You MUST Ask Every Potential Hire with David Greene BiggerPockets Business Podcast 18: How to “Have It All” by Living with Intention with Brandon Turner BiggerPockets Business Podcast BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray BiggerPockets New Books! BiggerPockets Podcast 319: Avoid These Common Newbie Mistakes! Hard-Earned Lessons from Nathan Brooks Paying Off Student Loan Debt with a Median Income and Two Kids in Northern California with Kyle Renke Bring Brandon a Deal BiggerPockets Webinars BiggerPockets Facebook Page Check the full show notes here: http://biggerpockets.com/show424 Learn more about your ad choices. Visit megaphone.fm/adchoices

Has anyone ever told you “you’re really good at that, you should make a business out of it”, if so, you may have inadvertently found your “unique ability”. Author and coach Dan Sullivan joins us to talk about the secrets of success behind the 20,000+ entrepreneurs he’s coached over the past few decades. If you’re finding it hard to scale up your business, hire on more staff, or get rid of the stuff you hate doing, Dan probably has an solution for you. As someone who’s built a coaching empire AND been bankrupt twice, Dan knows a thing or two about what makes asuccessful enterprise, and what doesn’t. His key to success? Create a self-managing company, that allows you, the entrepreneur, to do what you really love. Hate going through spreadsheets? Great, hire someone who loves it! Don’t like picking up the phone to talk to investors? Cool, get someone who likes to chat! Love giving presentations to prospective clients? Great, make it your main job! Whether you have one employee or thousands of employees, Dan shows how simple it is to designate tasks, get the right person doing the right thing, and free up time for you and the whole team! The best way to hear Dan’s advice and grow your company? Listen to this episode! In This Episode We Cover: Finding your “unique ability” and using it to build a business The 4 freedoms of an entrepreneur (and why they’re so important) How to create a “self-managing” company Why procrastination is a great tool Why the future of business is reliant on teams How to hold a team together when building your business Whether you’re a “simplifier” or “multiplier” entrepreneur How not to get bogged down in an abundance of choice in the modern age And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Strategic Coach Website Click here to check the full show notes: https://www.biggerpockets.com/show423 Learn more about your ad choices. Visit megaphone.fm/adchoices

Amanda Young stumbled into real estate. After being let go from a job, dealing with a family emergency, and homeschooling her son, Amanda knew that she had to find a way to provide for her family, but also allow her to discover her hidden edge. After finding BiggerPockets and joining a local REIA (real estate investors association), she decided to take the jump and buy her first rental. Now, in 2020, she has 7 rental properties and a flourishing flipping business, working with a partner that matches her energy. Amanda found her localized niche by targeting owners of “sinkhole homes” and offering them deals that not only made sense for the buyer, but were a steal for her. She then used creative financing (really creative) to get these homes under contract. Amanda is the definition of someone who has grit, and is willing to work hard to earn their piece. She talks through Section 2 deals, 1031 exchanges, refinancing, and even how to “COVID-Proof” your tenants, so when the next global emergency happens, you’ll be ready. In This Episode We Cover: How to fight your analysis paralysis and get deals done What probate deals are and how to find leads Why owner financing can be a win-win for buyers and sellers How Amanda found a niche in “sinkhole homes” Why it’s important to find a niche that others would run from How to “COVID-Proof” your rental properties Getting ahead as a woman in a male-dominated industry (flipping) Empathizing with the seller so you’ll win negotiations (even with less money) And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast Sinkholes: Swallowed Alive (Discovery Channel) BiggerPockets Podcast 412: Start Investing in Large Multifamily? How to Do it, and Why (or Why Not) with Ashley Wilson Check the full show notes here: https://www.biggerpockets.com/show422 Learn more about your ad choices. Visit megaphone.fm/adchoices

Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. What you may not know is Joshua’s journey in founding, building, scaling, and finally leaving BiggerPockets. It was a hard decision for Joshua to leave, but thanks to his amazing team, he was able to (even during a time of tribulation in his personal life). You’ll hear how Joshua was cranking out 100 hour weeks, working 7 straight days, for the first 6 years of BiggerPocket’s existence. He later transitioned to building a team, starting with the BiggerPocket Podcast’s very own host, Brandon Turner. This later snowballed into more hirings, with the BiggerPockets growing faster and faster, and being able to scale larger and larger. Just at the time when things were starting to go from big to bigger, Joshua had to take time off to take care of his daughter’s medical emergency. This caused a shift in Joshua’s reality, so he dropped everything. This keynote speech goes deep into what really matters most. It’s not money, it’s not success, but it’s something that matters even more: fulfillment and family. Check out the video on our Youtube channel, and be sure to give Joshua a follow on Twitter at @jrdorkin. In This Episode We Cover: The history of BiggerPockets and how it grew to what it is today Why “knowing everything” usually means knowing nothing The importance of hiring smart, capable people How to listen to your body and mind, to find out what you need most Why you shouldn’t work 6 years straight with no time off Why you need to do the “Big Scary Thing” How life forces you to account for what matters most Why Joshua Dorkin has 3 dads And So Much More! Links from the Show BiggerPockets Podcast BiggerPockets book store Click here to check the full show notes: https://www.biggerpockets.com/show421 Learn more about your ad choices. Visit megaphone.fm/adchoices

David Grabiner takes the term “long distance investor” to the extreme. While he was a hospital administrator in the Democratic Republic of Congo, he was calling real estate agents in Chattanooga, Tennessee trying to scoop up multifamily deals. David started out by partnering up with his father, buying a quadplex that helped him get his initial training in property management. He later scaled up his and his father’s investment portfolio to 24 units, and then, within 3 years, scaled up his own investments to 150+ units! This meant that David had to quit his job and go full-time into real estate investing. He did it, and he isn’t looking back! Now David is a deal-finding machine, buying directly from listing agents and becoming one of the go-to multifamily investors in Chattanooga. Whether you own one single family home, a dozen duplexes, or hundreds of apartment complexes, you’ll take something away from David’s in depth discussion on property management, landlording, and tenant screening. In This Episode We Cover: Finding your “unfair advantage” and how it can help your investing career Approaching different investors with different points of view The importance of networking for off-market deals Why you shouldn’t be scared to be “the owner”, and actually use it to market yourself to others How to find, screen, and keep tenants in place How you can quickly increase a property’s value (simply by being a great property manager) Finding the “sweet spot” in multi-family deals Setting up systems for automated property management (so you can scale!) And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast Buildium Collegedale Credit Union BiggerPockets Podcast 362: Big Goals? Here’s How to Get Your Spouse or Partner on Board with Jay and Wendy Papasan BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss Rent Manager Check the full show notes here: https://www.biggerpockets.com/show420 Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever missed out on an important moment because you were staring at your phone, distracted by TV, or just zoning out? Nir Eyal, author of Indistractable, felt the same way when he missed an important moment with his daughter because he was locked in on his phone. This spurred Nir’s curiosity on why people get distracted, what they’re getting distracted by, and how people can turn their distractions into the opposite: traction.  As a business owner, angel investor, Stanford lecturer, and father, Nir understands what it feels like to live a hectic life, but he also understands that most of the time, we ourselves are the ones making it hectic. So what prompts us to take action? What prompts us to take inaction? How can we make ourselves do the things we need to do, with better results, and still have time for our children, relationships, hobbies, and even down time? It’s all possible, and the key to a distraction-free life is even easier than you would think.  In This Episode We Cover Why most people know their distractions, but not how to eliminate them  Why we need to “get out of our own way” to accomplish our goals How to find your “traction” and use it to get ahead The 4 steps to eliminate distraction  Understanding your values and using them to schedule your time How to “time box” your calendar and get your tasks done Leaving the victim mentality behind and empowering yourself to do what’s important The 3 “life domains” that we revolve around  Why you need to prioritize consistency over intensity  And So Much More! Links from the Show BiggerPockets Podcast Indistractable book’s Website Nir’s schedule maker tool Article “Why schedules are better than to-do lists” Brandon’s Instagram David’s Instagram Books Mentioned in this Show Hooked by Nir Eyal Indistractable by Nir Eyal Connect with Nir: Nir's website Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Camacho has had quite an interesting career path, and he’s just getting started! From a bank teller, to the mortgage business, to property management, and even Airbnb arbitraging, Alex took his time in acquiring the skills to succeed in real estate. In this episode, you’ll hear Alex talk about how he became successful at locking down deals, finding the “pain points” of sellers, and how to have empathy when closing. You’ll also hear how he analyzed over 5,000+ deals, leading him at one point to close on 8 deals in one month (seriously!) You’ll hear Alex go through his off and on-market strategies, and how to steer clear of deals that won’t make the cut. In just 16 months on his own, he’s done 14 deals, some with six-figure profits (each), and how he’s using social media to get even more! In This Episode We Cover: The importance of apprenticeships in real estate The art of saying “no” as you grow into your role Why it’s crucial to surround yourself with high-level investors and entrepreneurs How to get great at analyzing deals, so you can close on the best ones! Using the “LAPS” funnel to drive leads and grow your portfolio Finding the “pain points” sellers have, and how to empathize with them Using social media as a tool, instead of a distraction And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Keyword Alerts BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber BiggerPockets Webinars BiggerPockets Calculators BiggerPockets Pro BiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany Arnason BiggerPockets Podcast 292: 200+ Deals in the First Four Years with Ryan Pineda Check full show notes here: http://biggerpockets.com/show418 Learn more about your ad choices. Visit megaphone.fm/adchoices