BiggerPockets Real Estate Podcast

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Latest Episodes:

158: An Easy-to-Follow Blueprint for Building Your Real Estate Deal Pipeline with Jeff DeCarlo Jan 21, 2016

Show notes

Great real estate deals can be hard to find in a competitive market. So how do some investors manage to find multiple deals every month? That’s the focus of today’s show, where we sit down with active real estate entrepreneur Jeff DeCarlo as he shares his step-by-step blueprint for getting hundreds of leads from motivated sellers! You’ll love the “extra mile” Jeff goes to ensure his real estate pipeline never dries up!

In This Episode We Cover:

What Jeff did before he started investing
How he was laid off during the crash
The first wholesale deal he completed
How he learned things that courses don’t teach
The details of Jeff’s first deal
What transactional funding is
What investors should know about wholesaling
Two different ways to close deals when wholesaling
The costs involved in wholesaling deals
Great tips for getting a mentor
The main focus of Jeff’s business today
How to wholesale 4 deals per month
What to do when problems arise
How to stay in control of your deal
The strategies he uses to invest
What you should know about direct mail marketing
What to do with bad addresses
How Jeff puts together his mailing list
How to get deals despite being the “smaller guy”
The difference between those who persist and those who don’t
Tips for estimating repairs
A discussion on partnering with other wholesalers
And SO much more!

Links from the Show

Books Mentioned in this Show

Pitch Anything by Oren Klaff
The Book on Flipping Housesby J. Scott
The Millionaire Real Estate Investor by Gary Keller
The 10X Rule by Grant Cardone

Tweetable Topics:

“If you never get to your first deal, you will never figure stuff out.” (Tweet This!)
“The experience is worth more than even getting that big first cheque.” (Tweet This!)

Connect with Jeff

Jeff’s BiggerPockets Profile
Email Jeff

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157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod Jan 14, 2016

Show notes

He was clinically dead for six minutes. No heartbeat. No sign of life. But Hal Elrod came back from this devastating event and has impacted millions in the process through his bestselling book, The Miracle Morning. Today on the BiggerPockets Podcast you’ll hear Hal’s full story, from the drunk driver that nearly ended everything to the lessons he learned that completely revolutionized his life. Hal’s story — and his advice on reaching your full potential — is sure to rock your life and leave you forever changed for the better. No matter what stage of your real estate investing business you find yourself in today, this show is about to help you get to the next level. Hang on tight!

In This Episode We Cover

How to raise your potential for success
Who Hal Elrod is
Hal’s devastating accident
The first book he wrote
Details on his second book and why he started doing his morning ritual
Why he was depressed to the point of losing his house
The Morning Rituals
The 6 most powerful proven personal development practices
How much sleep do we really need?
The S.A.V.E.R.S. — and why you should let this guide your morning
Two forms of meditation
Potential problems with affirmation and how to do it right
How to realize the things that you are and are not in control of
The two parts of visualization
Why there’s magic in putting pen to paper
How to change your life beyond just the financial
How to apply these learnings to your life as an investor
And SO much more!

Links from the Show

Books Mentioned in this Show

The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) by Hal Elrod
Taking Life Head On! by Hal Elrod
The Miracle Morning for Real Estate Agents by Hal Elrod
The Miracle Morning for Salespeople by Hal Elrod
The Miracle Morning for Network Marketers by Hal Elrod
Rich Dad Poor Dad by Robert T. Kiyosaki
The 4-Hour Workweek by Timothy Ferriss
The ONE Thing by Gary Keller
Peaceful Parent, Happy Kids by Dr. Laura Markham
The Miracle Morning Journal by Hal Elrod
The 10X Rule by Grant Cardone
10x Planner By Grant Cardone
The Millionaire Fastlane by MJ DeMarco

Tweetable Topics:

“Your level of success will seldom exceed your level of personal development.” (Tweet This!)
“Start your day with peaceful, purposeful silence.” (Tweet This!)
“Win the morning and you win the day.” (Tweet This!)

Connect with Hal

Hal’s Website

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156: Lifestyle Engineering Through Commercial, Residential, and Vacation Rentals with Mark Spidell Jan 07, 2016

Show notes

On this episode of the BiggerPockets Podcast, we sit down with Mark Spidell, an investor from the great state of Colorado, to discuss how he uses real estate to engineer his ideal lifestyle! We talk about partnering with family, investing out-of-state, buying small commercial buildings, owning vacation rentals, and much, much more! Not only will this episode entertain and inform you, it will also help you clarify your own investing plan so you can begin engineering your own perfect lifestyle!

In This Episode We Cover:

How Mark got started through ADU
Why he went the vacation rental route
Where he currently invests
The benefits of lifestyle-focused investing
Tips for people with families
The qualitative and quantitative parts of his investing
What he’s learned from his first investments
How he weathered the market crash
How he was able to buy more after the crash
Tips for investing in commercial deals
How he financed his commercial property
A commercial banker’s perspective on applying for loan
The difference between commercial and residential financing
How to minimize risk on commercial property
The benefits of investing in commercial real estate
Why you should ask for help from attorneys when drawing up leases for commercial property
The ins and outs of being a landlord for commercial real estate
How to successfully mix commercial property and vacation rentals in your portfolio
How to find out what you’re good at and figure out which investing path to take
The art of lifestyle engineering
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert T. Kiyosaki
Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki
Schweser Notes for the 2011 CFA Exam Level 1 Book 3: Financial Reporting and Analysis

Tweetable Topics:

“Commercial real estate is valued based on the income of the property.” (Tweet This!)
“If you want the freedom, real estate could help you, but make sure you are doing it for the right reasons.” (Tweet This!)

Connect with Mark

Mark’s BiggerPockets Profile

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155: From Zero to 200+ Deals in Five Years with Sharad Mehta Dec 31, 2015

Show notes

Boom! Prepare to be blown away by this unbelievable interview with an investor who’s gone from nothing to more than 200 deals in just five years! You’ll learn how Sharad was able to find great deals, finance those deals, and build an investment portfolio that continues to grow no matter where lives or travels in the world. This show is one of the most humorous and most enlightening shows ever recorded on the BiggerPockets Podcast, so why are you still reading this? Listen to the show!

In This Episode We Cover:

The story behind the $5,000 scholarship cheque
How Sharad’s love for saving money led him to buy his first property
Why he values bigger goals in life
The importance of focusing on the things that matter
The details of his first investment property
How he figured out what he wanted to do as real estate investor
How to start out without any formal education in real estate
Whether you should buy inexpensive properties or not
What A, B, and C-properties are
Why he invests in his area now
The importance of talking to local people to get a feel for the market
How he bought $65,000 worth of property with just $17,000 cash
How Sharad uses his time to find and analyze deals
A call simulation that’ll teach you how to achieve the bottom line
How to keep a good relationship with an agent
How many deals he has done
Sharad’s views on turnkey properties
The benefit of having 48 properties for rental free and clear
How he keeps his real estate business as simple as possible
Sharad’s role within his business
How his business works and how he automates it
How to trust your contractors
How to get discounts from Home Depot
And SO much more!

Links from the Show

Books Mentioned in this Show

The Millionaire Real Estate Investor by Gary Keller
The Book on Rental Property Investing by Brandon Turner
The Book on Investing with No or Low Money Downby Brandon Turner
Start Something That Matters by Blake Mycoskie
Elon Musk: Biography of a Self-Made Visionary, Entrepreneur and Billionaire by B Storm

Tweetable Topics:

“You have to make some sacrifices to achieve bigger goals in life.” (Tweet This!)
“If you are motivated enough, you will get anything done — no matter what.” (Tweet This!)
“It all comes down to numbers. If the numbers make sense, I’ll buy it.” (Tweet This!)

Connect with Sharad

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154: Finding Incredible Deals to Flip or Rent from 3,000 Miles Away with Bob Couture Dec 24, 2015

Show notes

Finding deals in your own backyard can be tough — but today we’re talking to a guest who finds incredible deals from across the country! Bob Couture joins us today to tell us his inspiring story of starting out with several “failed” flips, finding a partner, using crowdfunding, and much more. This show is jam packed with actionable tips and tricks for real estate investing, whether the deals are in your backyard or across the world!

In This Episode We Cover:

Where Bob is from and where he currently invests
Why Bob’s strategy is investing at a distance
The importance of a “boots on the ground” partnership
How he got started investing in real estate
The details of his first deal
How he became an accidental landlord
How to put properties under a blanket loan
How a bad deal can end up a great flip!
The number of flips he has done
Things to know when investing with a partner
How to set up a direct mail business
Who he is targeting in his marketing campaigns
Why you might hire people to do driving for dollars
His take on getting a real estate license
How to find people you can trust
Tips for overcoming the fear of starting out
How he inspects properties
Tips for making deals over the phone
How he finances deals
A discussion on crowdfunding
And SO much more!

Links from the Show

Books Mentioned in this Show

The Millionaire Real Estate Investor by Gary Keller
The Book on Rental Property Investing by Brandon Turner
Secrets of Closing the Sale by Zig Ziglar
The Miracle Morning by Hal Elrod

Connect with Bob

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153: From $600k in Debt to 108 Single Family Rentals with Linda McKissack Dec 17, 2015

Show notes

On today’s episode of the BiggerPockets Podcast, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, HOLD: How to Find, Buy, and Rent Houses for Wealth), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it!

In This Episode We Cover:

Who Linda is and how she started investing with huge debt
The size of her portfolio
Why she dropped out of college to become an entrepreneur
How she bought property without money or good credit
A look at financing back in the ’80s
How to recession-proof your life
A discussion on speculation vs. investing
How every market is different
What her freedom number is
How to get deals by helping others build wealth
Partnerships and whether newbies should seek them out
Why freedom means having options
The importance of taking the next step and avoiding analysis paralysis
Linda’s formula for finding good deals
How to figure out the best criteria for you
What keeps her continuing to invest despite reaching her goals
Tips for forming a team
And SO much more!

Links from the Show

Books Mentioned in this Show

HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader
Brandon Turner’s The Book on Investing with No or Low Money Down
Rich Dad Poor Dad by Robert Kiyosaki
Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
The ONE Thing by Gary Keller and Jay Papasan
Building Wealth One House at a Time by John Schaub
The Millionaire Real Estate Investor by Gary Keller
The Book on Rental Property Investing by Brandon Turner

Tweetable Topics:

“If you do the right activities, the money shows up.” (Tweet This!)
“The more money you make, the more options you have and the more good things you can do.” (Tweet This!)

Connect with Linda

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152: Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge Shukhat Dec 10, 2015

Show notes

How would you like to own ten, fifty, or a thousand rental units? That’s the topic of today’s podcast roundtable with three previous guests of the BiggerPockets Podcast, Ben Leybovich, Brian Burke, and Serge Shukhat. These three investors have three very different business models, and in this fascinating discussion, each shares how they use rental properties to build wealth and passive income. We discuss (and debate) every aspect of the investor’s journey — all in an effort to help you succeed! We also discuss the big dangers rental investors face and how YOU can avoid those problems! Don’t miss this incredibly powerful episode with three fun, smart, and successful rental property investors!

In This Episode We Cover:

Where is the rental market headed?
Is planning for appreciation useless? (Debate!)
What mistakes do new investors make?
Overcoming challenges to investing in TODAY’S market
Is it too late for newbies to buy rental properties?
The best “single tip” from each panelist for newbies
And SO much more!

Links from the Show

Books Mentioned in this Show

The Book on Rental Property Investing by Brandon Turner
The Book on Managing Rental Properties by Brandon & Heather Turner
Brandon Turner’s The Book on Investing with No or Low Money Down

Connect with The Panel

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150: Designing a Lifestyle-Based Real Estate Business with Luke Swab Nov 26, 2015

Show notes

For some, the goal of real estate is to make tens of millions of dollars. For others, like today’s guest, it’s a way to finance an incredible life. Today’s guest, Luke Swab, shares with us his story of designing his lifestyle through real estate and how you can do the same. Luke’s story will take you from the wild waters of Alaska to a motorcycle trip through Africa to the streets of Michigan real estate and more! Don’t miss this incredible honest, humorous, and informative episode!

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149: Early Retirement, Real Estate Bubbles, and Dangerous Scams with Radio/TV Star Clark Howard! Nov 19, 2015

Show notes

Today on the BiggerPockets Podcast, we’re excited to sit down with an individual many people already know from television, radio, and the newspaper — Clark Howard. Besides being a nationally-syndicated radio and TV star, Clark Howard is also a real estate investor who has a unique outlook on the way real estate should fit into your financial picture, as well as numerous tips on avoiding scams, finding great locations to invest in, and much more! Don’t miss a second of this powerful episode!

In This Episode We Cover:

Who TV and Radio Personality Clark Howard is
How he went from a beach bum to financially free
His job at the radio station
His investing portfolio
A story about the real estate bust
How he bought properties through the bust (2011)
How to not get into the “investing hysteria“
Why you should avoid the “dare to be rich” pitch
What the “smell test” is
Why there’s no one magical way to invest
Why understanding the local market is crucial
How to farm neighborhoods
Why you need to have a purpose behind how you’re investing
Tips for investing in general
And SO much more!

Links from the Show

Books Mentioned in this Show

100 Questions Every First-Time Home Buyer Should Ask by Ilyce R. Glink
Buy, Close, Move In! by Ilyce R. Glink
The Wealthy Barber, Updated 3rd Edition by David Chilton
The Power of Habit by Charles Duhigg

Tweetable Topics:

“It’s part of who we are that we want to believe in miracle stories.” (Tweet This!)

Connect with Clark

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148: From 0 to 51 Units Despite Living in a Crazy Expensive Location with Nazz Wang Nov 12, 2015

Show notes

How do you build up a sizable real estate portfolio when you live in one of the most expensive cities in America? That’s the topic we dive into today on the BiggerPockets Podcast with guest Nazz Wang. Nazz has gone from 0 to 51 units in the past several years, both local in California and across the country. You’ll learn how Nazz overcame a bad first investing experience to find her niche in “lazy real estate investing” and how you can do the same!

In This Episode We Cover: