BiggerPockets Real Estate Podcast

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Latest Episodes:

117: Maximizing Productivity to Get Things Done with David Allen Apr 09, 2015

Show notes

Real estate entrepreneurs are busy people… but this doesn’t have to mean getting overwhelmed! In this episode of the BiggerPockets Podcast, we sit down with world-famous productivity author David Allen to learn tips and tricks for getting more things done in your life. You’ll learn how to accomplish more things, in less time, with less stress using the Getting Things Done (GTD) system. This show will inspire and encourage you to do even more in your business.

Whether you’re just starting out as an entrepreneur, or you just want to run your business more effectively and seamlessly, you’ll definitely get something valuable out of this episode!

In This Episode We Cover:

David Allen’s backstory
The two elements of self management you should know
What hats you should learn to wear
Areas in life you need to make sure you’re keeping an eye on
How to keep yourself oriented in the right direction
What exactly an “external brain” is and how to build it
What you need to know about Getting Things Done
Important notes on research and development
The 5 steps of the GTD system
The big question: What is the next actionable step?
The ins and outs of the 2-minute rule
The importance of making a mess
And SO much more!

Books Mentioned in this Show

Getting Things Done: The Art of Stress-Free Productivity (revised edition) by David Allen
The Organized Mind: Thinking Straight in the Age of Information Overload by Daniel J. Levitin
BrainChains by Dr Theo Compernolle

Tweetable Topics:

“You need to make sure you have the map, but you’ve got to have a good map with all the right data on it.” (Tweet This!)
“It’s terrible to go play soccer without a goal.” (Tweet This!)
“If you can take the action step in two minutes or less, do it right then.” (Tweet This!)
“You’re going to learn more doing it than reading a book.” (Tweet This!)
“The core key in getting in control and focused is the weekly review.” (Tweet This!)
“If you don’t spend any time on reviewing, you will just go fumble around and be driven by the latest and loudest.” (Tweet This!)
“You’re most creative when you have a space to make a mess.” (Tweet This!)
“Your head is for having ideas, not for holding them.” (Tweet This!)

Connect with David

David’s Website

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116: How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar Elarabi Apr 02, 2015

Show notes

On this episode of the BiggerPockets Podcast, learn what it took for Nasar Elarabi to quit his dead-end job and become a full time wholesaler, flipper, and landlord. Tune in for discussions covering how he funds his deals, what makes him a better landlord, and why he’s tried his hand at many avenues of real estate. In this not only informative, but also wildly entertaining episode, Nasar shares his tales of success and the failures that helped him learn — including the first flip he ever undertook (that turned out to be disastrous).

This show is packed with a heavy dose of motivation and miles of actionable content, so don’t waste another minute. Just hit “play!”

In This Episode We Cover:

How Nasar got into real estate
The story of how he got it all wrong with his first flip
What he learned from those mistakes
How he shifted to buy & hold properties
What you should know about debt to income ratios
How Nasar funds his deals
How he became “too stupid to quit“
Why he shifted once again to wholesaling
What makes him a better landlord now
Interesting information on owner financing
How to know when to quit your job
The ins and outs of achieving a “slam dunk deal“
The importance of working with the right people
What exactly code enforcement leads and delinquent tax leads are
What makes him different from other investors
And SO much more.

Links from the Show:

Books Mentioned in this Show

Think and Grow Rich by Napoleon Hill
Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down
You Can Make It Happen: A Nine Step Plan for Success by Stedman Graham

Tweetable Topics:

“Slow down and learn to focus on that one thing that you want.” (Tweet This!)
“Just because you own four houses does not make you a real estate expert.” (Tweet This!)
“Sometimes you’ve got to jump off the roof and get your wings on your way down.” (Tweet This!)
“You’re going to learn more doing it than reading a book.” (Tweet This!)

Connect with Nasar

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115: Getting Started with Apartment Complex Investing with Jeff Greenberg Mar 26, 2015

Show notes

Have you ever wanted to invest in apartment complexes, but were unsure how to start?

That’s the topic of today’s BiggerPockets Podcast episode, where we sit down with apartment complex investor Jeff Greenberg. Jeff shares a ton of actionable advice on how to analyze, find, and finance larger multifamily investment properties! If you want to benefit from the big potential profits this kind of real estate investing can offer, don’t miss out on this informative episode.

In This Episode We Cover:

The details of Jeff’s first deal
How best to fund a commercial property
What exactly portfolio lending is
How to start out with no experience
Why professionalism works in real estate
What you need to know about LOIs
Why building relationships matters to your success
The importance of having a mentor
How to evaluate a commercial property
Tips on forming the team you need to start investing
Jeff’s methods for finding great deals
Mistakes he made during the course of his career
And SO much more!

Links from the Show:

Trivia Email
BiggerPocket’s News
LoopNet
BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing
99Designs
BiggerPockets Forums

Books Mentioned in this Show

The E-Myth Revisited by Michael E. Gerber
Rich Dad Poor Dad by Robert T. Kiyosaki
Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki

Connect with Jeff

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114: How to Invest in (& Have Fun with) Vacation Rentals with Scott Sutherland Mar 19, 2015

Show notes

Have you ever been on vacation and thought, it sure would be nice to own some property down here? Well, that’s the subject of today’s podcast, as we speak with vacation rental property owner Scott Sutherland about how he’s built a profitable business owning and managing his vacation rental properties.

You’ll learn the step by step process for finding potential properties and analyzing them for profitability, as well as financing ideas and tips on managing the short-term renters. Whether you’re already in this real estate niche or you want to get your foot in the door, we’re confident you’ll get some new insight here. Don’t miss this exciting episode!

In This Episode We Cover:

How Scott got started in real estate investing
His story of taking time off
Thoughts on choosing between stocks and real estate
The concept of control in real estate
How to get into the niche of vacation rentals
Strategies for properties that don’t typically cash flow
What exactly a vacation rental entails
The ins and outs of vacation rentals, including pros and cons
How to market your rental property
What you should know about tenant screening on vacation rentals
And SO much more!

Links from the Show:

Books Mentioned in this Show

Rich Dad Poor Dad by Robert T. Kiyosaki
The 4-Hour Workweek by Timothy Ferriss

Connect with Scott

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113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan Mar 12, 2015

Show notes

Today on the BiggerPockets Podcast we’re excited to bring you another fantastic interview by one of the most successful real estate authors in America.

Jay Papasan is best known to this audience as the co-author of The Millionaire Real Estate Investor (co-written with Gary Keller) which has been our top-recommended real estate book here from BiggerPockets Podcast guests. He also co-authored The Millionaire Real Estate Agent and collaborated on the best selling book FLIP and HOLD. Most recently, Jay is the co-author of The One Thing, which Brandon recently featured as the number one book on his list of the business books that changed his life in 2014.

Jay is also a savvy real estate investor, and he shares his incredible story and strategy with us today!

In This Episode We Cover:

How Jay got started writing real estate books
Why real estate agents don’t invest themselves
How to adopt an investor mindset
The habits real estate investors hold
How to do the math when looking at properties
Insight into The Millionaire Real Estate Investor
Clever methods for finding deals
What you should know about “The Domino Effect“
And SO much more!

Links from the Show:

Books Mentioned in this Show

The Millionaire Real Estate Investor by Gary Keller
The Millionaire Real Estate Agent: It’s Not About the Money…It’s About Being the Best You Can Be! by Gary Keller
The Book on Flipping Houses by Mr. J Scott
The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Resultsby Gary Keller
Good to Great: Why Some Companies Make the Leap…And Others Don’t by Jim Collins
The Millionaire Next Door by Thomas J. Stanley
The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach
Body for Life: 12 Weeks to Mental and Physical Strengthby Bill Phillips
Go For the Goal by Mia Hamm
Rich Habits – The Daily Success Habits of Wealthy Individuals by Thomas C. Corley
Rich Dad Poor Dad by Robert T. Kiyosaki
The 4-Hour Workweek by Timothy Ferriss
The Lean Startup by Eric Ries
The Richest Man in Babylonby George S. Clason
Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki
Managing Oneself by Peter Ferdinand Drucker

Tweetable Topics:

“Start looking at the world as an opportunity.” (Tweet This!)
“Every house is a surprise.” (Tweet This!)
“I’d always rather miss 5 or 6 good ones rather than buy one bad one.” (Tweet This!)
“I’d rather have fewer roofs to manage but have more net worth and cash flow over time.” (Tweet This!)
“Achievers have a clear sense of priority.” (Tweet This!)
“Action is how you make progress in life.” (Tweet This!)
“If I just teach him one thing, where do I begin that has the most impactful way for me to line up my life?” (Tweet This!)
“You figure out what your focus should be and act that way all the time.” (Tweet This!)
“The best way to learn something is to teach it.” (Tweet This!)

Connect with Jay

Jay’s Website

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112: “Little Old Lady House” Investing with Mark Updegraff Mar 05, 2015

Show notes

Get ready for another incredible episode of the BiggerPockets Podcast! On today’s show we talk with real estate investor and property manager Mark Updegraff about buying homes from little old ladies, managing tenants with less stress — and who has the bigger beard: Brandon or Mark.

If you want to learn about developing a buying criteria, how to get great leads through BiggerPockets, the “extra step” you should most definitely take while screening tenants, and a whole lot more, then don’t miss out on this entertaining show!

In This Episode We Cover:

What everyone should know about growing beards
How Mark got started in real estate
How to find a 100 percent value neighborhood
Perspectives on Section 8 and slumlords
The “extra step” you should perform during tenant screening
Lessons learned from Mark’s very own property management business
Clever methods for finding deals
How Mark get leads through BiggerPockets
Mark’s take on real estate agents
How to develop a solid buying criteria
Thoughts on get-rich-quick schemes when it comes to real estate
And SO much more!

Links from the Show:

Books Mentioned in this Show

How We Bought a 24-Unit Apartment Building for (Almost) No Money Down: A BiggerPockets QuickTip Book
The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone
The Book on Flipping Houses by Mr. J Scott
The Fountainhead by Ayn Rand
The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters by Gregory Zuckerman

Tweetable Topics:

“We go through our policies up front so they know that we take our business seriously.” Share on Twitter
“I’m not trying to sell people things that I don’t agree with.” Share on Twitter
“The secret to why I’ve been so successful is that I don’t screw around.” Share on Twitter
“The first person to establish a relationship to the other agent has an upper hand when it comes to closing the deal.” Share on Twitter
“Your net worth is in your network.” Share on Twitter

Connect with Mark

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111: A Unique (and Profitable) Real Estate Niche You’ve Probably Never Considered with Jefferson Lilly Feb 26, 2015

Show notes

In this episode of the BiggerPockets Podcast, we dig into a real estate niche that, until today, you’ve probably never considered. However, after listening to this entertaining and informative show with guest Jefferson Lilly, we think you’ll be a believer! Join us as we dive into the world of mobile home parks, and learn numerous reasons why a park might be a better investment than either single family or multifamily real estate.

Whether you’re looking for a great, low-barrier first time real estate niche to invest in, or you’re simply looking to expand your growing portfolio — don’t miss out on wealth of knowledge covered in this episode!

In This Episode We Cover:

How Jefferson got started with value investing
Why you should emulate Warren Buffet
How he began investing in mobile home parks
What you should know about the views on mobile homes in America
Insight on helping people move from one asset class to the next
The ins and outs of how investing in mobile home parks works
How Jefferson got a half million dollar line of credit
How he got a 50% increase in the affordable housing program
Discussions on income streams for mobile home parks
What you need to know about LLCs for mobile home investing
How to find value in a mobile home
A great explanation of “cap rate“
The essential duties of a park manager
How Jefferson raised funds for his investing
Why you should use outsourcing & streamlining to manage your business
And SO much more!

Links from the Show:

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Tweetable Topics:

“A key point is the ability to think broadly and use OPM — other people’s money.” Share on Twitter
“It’s about helping people moving from one asset class to the next.” Share on Twitter

Connect with Jefferson

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110: Eliminating the Hassle Factor As a Landlord with Glenn McCrorey Feb 19, 2015

Show notes

Everyone knows rental properties can be a great way to build wealth — but they also generally come with significant hassle and stress. However, today on the BiggerPockets Podcast we sit down and talk with Glenn McCrorey, an investor who discovered a unique and powerful real estate niche that makes his landlording almost completely hassle-free!

Learn insight on renting to family and friends, tips on how NOT to waste your time worrying about your rentals, and ways to lessen the inconveniences that come with managing property. If you value your time but still want to invest in rentals — then don’t miss out on this unique episode!

In This Episode We Cover:

How Glenn got started on his first property
What you need to know about renting to family and friends
The ins and outs of special assessments
Insight on the condo experience
Reasons why Glenn and Brandon hold properties that aren’t earning
What the “hassle factor” is and how you can manage it
The secrets behind owning worry-free rentals
How to “live the dream” as a landlord
And SO much more!

Links from the Show:

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson
The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt

Tweetable Topics:

“Even if you invest with creative measures, you should need to have some sort of reserve.” Share on Twitter

Connect with Glenn

Glenn’s BiggerPockets Profile

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109: You Will Get Sued. Here’s How To Survive with Attorney Scott Smith Feb 12, 2015

Show notes

No one wants to get sued, but if you plan to build a real estate empire, the question is not so much “if” but “when.” However, we here at BiggerPockets have your back, so today we are bringing on Scott Smith, an incredibly smart and funny asset protection attorney from the great state of Texas! Scott shares with us a variety of tools and tactics you can use in your real estate business to protect yourself from losing the wealth you are working so hard to create.

Be prepared to learn new tips you’ve probably never heard before regarding umbrella policies, building your real estate team, LLCs, trust funds and more. Don’t miss out on this information-packed episode!

In This Episode We Cover:

Forming an LLC right off the bat
The ins and outs of Insurance vs. Assets
Ten things you need to know to protect your assets
What exactly an Umbrella Policy is and why it might not do what you think it will
Why you shouldn’t put all your properties under one name
What you should know about the Delaware Statutory Trust
Scott’s advanced strategies for real estate investors
Everything you need to know about LLCs vs. Trust Funds
Who you need as part of your team when investing
And SO much more.

Links from the Show:

BiggerPockets Webinar
BiggerPockets Wholesaling Calculator
Trivia Email
10 Ways to Protect Your Assets — This document was prepared by Scott Smith to accompany this podcast presentation.
BiggerPockets Podcast Show 105 with Neal Frankle
BiggerPockets’ Investing in Real Estate with No Money Down

Books Mentioned in this Show

The 4-Hour Workweek by Timothy Ferriss
Rich Dad Poor Dad by Robert Kiyosaki

Tweetable Topics:

“Rich people don’t own things, rich people control things.” Share on Twitter
“You don’t really have any friends once you start getting sued.” Share on Twitter

Connect with Scott

Scott’s BiggerPockets Profile
Scott’s Email Address

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108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone Feb 05, 2015

Show notes

Prepare to laugh, groan, and be inspired.

On today’s episode of the BiggerPockets Podcast, we sit down with bestselling author, TV pundit, and massively-successful real estate investor Grant Cardone. In one of the most motivating, humorous, inspiring — and inappropriate — podcasts of all 108 shows, you’ll be captivated by Grant’s candor and viewpoints on everything from getting a college education to investing in liberal cities to his definition of success. You’ll also learn how Grant has used the principles outlined in his book, The 10X Rule, to grow his real estate portfolio to a value of $350,000,000. Yes, that’s $350 MILLION dollars.

You are going to love this one.

In This Episode We Cover:

Grant’s apology to the BiggerPockets Audience…
Why Grant has NEVER written a business plan
Why Grant chooses to put his money into real estate
How Grant analyzes properties to make sure he always makes money
Grant’s morning and evening routine to keep him motivated
How Grant finds deals in today’s market
Why Grant doesn’t advise investing in single family homes
The easiest property type today to get a loan on
Why Grant invests in democrat/liberal areas
The truth about getting picked on, talked about, and made fun of
The brilliant method Grant used to get a 1000+ unit property although he was outbid by 38 different people
The unique definition of success to Grant
Why aren’t more people doing real estate?
How YOU can become a part owner in Grant’s business
And SO much more.

Links from the Show:

The Top 5 Business Books that Changed My Life in 2014
Hendricks and Partners – Apartment research website

Books Mentioned in this Show

The 10x Rule by Grant Cardone
Sell or Be Sold by Grant Cardone
The ABCs of Real Estate Investing by Ken McElroy
The 10X Day Planner
The Secret by Rhonda Byrne
Think and Grow Rich by Napoleon Hill
The Greatest Salesman in the World by Og Mandino
The Problems of Work by L. Ron Hubbard

Tweetable Topics:

“People are settling for their reality rather than working to their full potential.” (Tweet This!)
“While you are writing your business plan, I’m in the marketplace building customers.” (Tweet This!)
“Success is my duty, my responsibility, and my obligation.” (Tweet This!)
“I buy existing properties that are already producing revenue- and then I do my magic with them.” (Tweet This!)
“Focus on what you want, every day.” (Tweet This!)
“Real estate is definitely a timing thing.” (Tweet This!)
“I don’t believe in diversification…Find the right vehicle and go all-in.” (Tweet This!)
“If you don’t know you made money on the day you bought it, that was a bad deal.” (Tweet This!)
“Whatever you are criticizing, it’s your problem not their problem.” (Tweet This!)
“If people don’t know who you are, you aren’t buying their property.” (Tweet This!)
“Every time I get money, I go broke again because I shove it into this real estate thing.” (Tweet This!)
“We are a renter-nation.” (Tweet This!)
“If you could get half the US population to hate you – you could be the President.” (Tweet This!)
“Success is the difference between my reality and my potential.” (Tweet This!)
“I’m not interested in ‘happy.’ I’m interested in ‘meaning.'” (Tweet This!)
“You’re going to have problems, what kind of problems do you want? I want big problems.” (Tweet This!)

Connect with Grant

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