BiggerPockets Real Estate Podcast

BiggerPockets Podcast 480: Making $200k a Month After Being on the Verge of Bankruptcy

Check the full show notes here: http://biggerpockets.com/show541

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540: Cop Salary to $300 Million in Real Estate w/ Whitney Sewell Dec 05, 2021

Show notes

How do you build massive wealth while keeping your passions, family, faith, and bank account intact? Successful real estate investors will tell you the same thing: you need to automate and systematize to make time for it all, and they aren't kidding. Whitney Sewell was working as a cop when he got his start in real estate. Looking at his $35,000 salary, he realized that the long hours and tiresome, but enjoyable work, wouldn’t allow him financial freedom.

Whitney wanted more time with his kids, his wife, and his beloved horses. So, he started attending every real estate conference he could go to, networking with anyone who owned any amount of real estate. He hired a performance coach, built a successful podcast, and flipped his limiting beliefs on their head, so he could tackle big deals.

In only three years, Whitney built a real estate empire with over $300M assets under management. Part of his personal profits are donated to help adopted children and those who need adoptive parents. Whitney talks about how his faith and social goals have played a huge part in his real estate and how doing good must be the driving force behind wealth accumulation.

In This Episode We Cover:

Why it’s important to “overcommit” if you really want to succeed in real estate

The “most dangerous book to reach on a beach”

Why your network is your net worth and pushing yourself to connect with other like-minded investors

Why wealth and faith don’t need to contradict each other

Giving yourself the “thinking time” to spawn new, ingenious ideas

Outsourcing and upgrading your business so you can make more while loving life

And So Much More!

Links from the Show

BiggerPockets Pro Membership - Use discount code: podcast21

BiggerPockets Real Estate Podcast

BiggerPockets Webinars

BiggerPockets Books by Brandon Turner

The Official BiggerPockets Facebook group

BiggerPockets Podcast 401: Follow these Steps to Get People to Know, Like, and Trust You with Jordan Harbinger

BiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe Fairless

Harley Davidson

Straight Path Horses Website

Click here to check the full show notes: https://www.biggerpockets.com/show540

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539: How to Get Your First, Second, or Next Rental Property Dec 02, 2021

Show notes

If you’re looking to buy your first (or next) rental, you’ve come to the right place! BiggerPockets was founded to help real estate investors network, build their skills, and grow their portfolios. In today’s episode, master of multifamily and all things rental-property related, Brandon Turner, shares how you can build momentum and get your next deal under contract.

By overcoming the three roadblocks of real estate investing, you’ll be able to scale your portfolio to heights you’ve never imagined. Achieve financial freedom or surpass it entirely with intelligent, consistent investing so you (and your family) can live a life you love.

If you’re ready to get started, grab your notepad and pen. Brandon is about to show you why your next investment property is within reach!

In This Episode We Cover:

How to get your first (or next) real estate deal under contract

Defeating the three roadblocks of real estate investing and using them to grow a sizeable portfolio

Why the first few deals matter (and why they definitely don’t)

Using daily consistent action to build a system that works on your behalf

Why most people want to invest in real estate but never do

How to analyze a rental property deal in five minutes (even if you’re brand new!)

And So Much More!

Links from the Show

BiggerPockets Rental Property Calculator

BiggerPockets Pro Membership - Use discount code: podcast21

BiggerPockets Real Estate Podcast

BiggerPockets Webinars

BiggerPockets Books by Brandon Turner

BiggerPockets PRO Exclusive videos

The Official BiggerPockets Facebook group

BiggerPockets Podcast 437: How Your “Worst Case Scenario” Can Set You Free From a Job You Hate with MarieForleo

Doug Nordman's LinkedIn Profile

Joshua Dorkin's Website

Open Door Capital

Brandon Turner's Instagram

MLS (Multiple Listing Service)

BeardyBrew Coffee Website

Dave Meyer’s Blog Content

Check the full show notes here: https://biggerpockets.com/show539

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538: Find the Real Estate You Hate (So You Can Buy the Real Estate You Love) Nov 30, 2021

Show notes

Not everyone will love commercial investing, mixed-use buildings, flipping houses, BRRRRing, or even traditional buy-and-hold rentals. But you’ll probably find one type of real estate class that you absolutely love. It may take you some time, but if you’re able to find a property type that sparks your creativity, all while providing positive cash flow, you’ll know you made it.

Katie Neason definitely didn't love government-subsidized rentals. She dreaded the phone calls, the repairs, and the unresponsive tenants. Katie thought that upgrading her investing strategy to multifamily housing would solve the problems. Unfortunately, after buying some fourplexes, she realized that too wasn’t for her.

After trial and error, Katie found her true real estate loves: flipping, developing, and mixed-use buildings. So, she went into all three and is doing phenomenal! Katie shares a special Deal Deep Dive where she walks through a degraded downtown building that is now the talk of the town due to her smart negotiating, creative redesigns, and ability to use her network to fund the deal!

In This Episode We Cover:

Why it’s important to find the real estate classes you truly enjoy working on

Understanding the positives and negatives that come with subsidized housing

Revitalizing a downtown through smart planning, designing, and financing

Taking action so you can achieve “hockey stick” growth in real estate

Working with the city so you can collectively build something that adds value to the community

How to negotiate so both the buyer and seller walk away with a win

And So Much More!

Links from the Show

The Self Storage Conference

Maui Masterclass with Brandon Turner and Tarl Yarber

Noah and Jeff's Episode (coming soon!)

BiggerPockets Podcast 511: Getting Your Market, Money, and Mindset Right | 3 Coaching Calls!

How to Invest in Real Estate—The Ultimate Show for Getting Started with Josh Dorkin, Brandon Turner, and 11 Rockstar Investors

BiggerPockets Webinar

JDC Mindset Academy

Audible

BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

BiggerPockets Podcast 365: Ret. Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership (+ His Real Estate Investing Tips!)

Josh Dorkin's Instagram

Check the full show notes here: https://biggerpockets.com/show538

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537: 10 Best Books for Real Estate, Health, and Wealth Nov 28, 2021

Show notes

Sometimes the best real estate books aren’t about real estate at all. Or at least, that’s what Brandon and David found out. After rummaging through their bookshelves, Brandon and David decided to give listeners their top ten books that allowed them to reach financial, spiritual, and personal success. Some of these books include classics you’ve heard mentioned on the show before, while others are centered more on human happiness, problem solving, or relationships.

What’s important to know is that these books can help anyone, no matter what stage of the investing journey they’re in. Whether you’re a veteran or rookie, reading a simple concept, sentence, or quote can fundamentally shift how you think about life and investing. Brandon also runs through a dozen more book recommendations at the end of this episode, so if you’ve already read through the top ten, hang around for that!

In This Episode We Cover:

Brandon and David’s top ten book list (for any type of investor!)

Understanding the different parts of the brain and using it to build better arguments and strengthen relationships

Tweaking the “rules of the game” you’re playing in relation to wealth and happiness

Taking on extreme ownership and using it to become a better leader

Developing confidence and how to do so when you’re feeling lost

Communicating more effectively and allowing others to see through your perspective

And So Much More!

Links from the Show

BiggerPockets Facebook Group

Open Door Capital

BiggerPockets Events

BiggerPockets Store

BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan

https://www.biggerpockets.com/show537

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536: How to Get 'Unstuck' | Coaching Calls w/ Brandon Turner Nov 25, 2021

Show notes

Real estate investing can feel complicated, even when you’re doing well. There’s usually a time when every investor hits an invisible wall and moving on to the next deal, partnership, or business can feel like a slog. When this happens, it’s a good idea to lean on experienced investors who have been through these waves of success, failure, and stagnation.

Brandon Turner, host of The BiggerPockets Podcast, is back with live one-on-one coaching calls with three different investors, all experiencing some form of investor paralysis. Brandon talks to Mike who’s having trouble letting go of control on rehabs, Stephanie who’s had past success but can’t pick her next move, and Sterling who wants to build organic relationships with sellers.

These three investors are in three completely different parts of their real estate investing journey, but all share some of the same headaches. Brandon walks each of them through their predicaments while illuminating some paths forward that could yield them more money, less headache, and a larger portfolio.

In This Episode We Cover:

Always thinking of yourself as “the general” and not a foot soldier in the war

Prioritizing time with family over simple outsourceable tasks

Why real estate investors need to go “a mile deep” to survive in 2021 (and beyond!)

Building organic relationships with off-market sellers

Systematizing an outreach network and drip campaign that allow deals to come to you

And So Much More!

Links from the Show:

Joe Fairless' Best Ever Conference Website

BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

BiggerPockets Podcast 409: Giving Yourself Permission to Go BIGGER: the “Bluefishing” Mentality with Steve Sims

Brandon Turner's Instagram

Brandon Tuner's TikTok

David Greene's Instagram

Check the full show notes here: https://www.biggerpockets.com/show536

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535: Keep, Refi, or Sell and Scale? | Live Portfolio Analysis Nov 23, 2021

Show notes

On today's show: a coaching session with David Greene and the winner of a charity auction at BPCon, Carla Holmes from Yellow Square Properties.

Carla is a long-time investor and rookie to commercial investing. She's been cautious with her real estate investing and never took on debt after she went through foreclosure during The Great Recession. Now, she sits on over a million dollars in equity, spread across multiple properties in the Carolinas. Her recent acquisition is a 4.5-acre commercial property that she’ll convert into a parking lot for big rigs in her area.

Since this is a brand new real estate class she’s entering into, Carla wants to be absolutely sure she’s crossing all her t’s and dotting her i’s. David walks her through a live analysis going over the hurdles, work, expenses, and income that this property will bring in. He also helps Carla debate whether selling, refinancing, or keeping her current properties is best based on her one-year financial independence goal.

In This Episode We Cover:

How to analyze a commercial property from scratch with limited property information

Identifying the drawbacks and new potential income stream opportunities on a property

Why so many frugal investors avoid debt, even if it could be of benefit to them

Why you shouldn’t “hit the cones” when investing in a new real estate class

Thinking multiple steps ahead when making a move in real estate

And So Much More!

Links from the Show

BiggerPockets's Instagram

Check the full show notes here: https://www.biggerpockets.com/show535

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534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? Nov 21, 2021

Show notes

Welcome to another episode of Seeing Greene! That’s right, David Greene is back with more real estate answers, some brand new metaphors, and basic Jiu-Jitsu knowledge for the new and experienced real estate investor. In this episode, we’re taking ten questions from BiggerPockets listeners, investors, agents, and rookies looking to build wealth through real estate.

David discusses topics ranging from investing out-of-state vs. in-state investing, whether cash flow or appreciation is a more important metric to track, and how to accurately value a property when using more than just data and numbers. David also gives advice on building systems within your business to help you get more deals, and making your investing machine much more scalable.

This episode has questions from non-investors, rookies, and veterans so no matter what stage of investing you’re in, David answers a question for you!

Have a question you want David to answer on the next Seeing Greene episode? Submit your video submission at Biggerpockets.com/david.

In This Episode We Cover:

The spectrum of investing and why you need to seriously consider cash flow vs. appreciation

Why waiting on the sidelines may lose you more money than investing in a hot market

Using more than just numbers and data to analyze a potential deal

How to return profits to investors and whether an equity or debt split is best

Systematizing your deal flow and taking advantage of CRMs (customer relationship management)

How agents can build their reputation in areas with far higher commission checks

What to do if you feel like you don’t have any valuable skills

And So Much More!

Links from the Show

BiggerPockets Calculators

Biggerpockets.com/start

Submit your questions

BiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben Kinney

Brivity CRM

Click here to check the full show notes: https://www.biggerpockets.com/show534

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533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore Nov 18, 2021

Show notes

It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not BRRRR? But, residential real estate comes with many challenges: complicated evictions, clogged toilets, a noisy tenant in your upstairs unit, and many, many more. But, there is an asset class you can invest in without toilets, tenants, or trash problems.

Paul Moore, author, capital raiser, and real estate educator joins us to talk about his newest obsession: self storage investing. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have HUGE value-add potential, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight.

There are so many reasons why self storage investing could be one of the greatest yet rarely spoken of assets in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? Grab Paul’s new book, Storing Up Profits!

In This Episode We Cover:

Why commercial real estate allows you to build wealth faster, smarter, and with scale

The four strategies you can use to build your self storage empire

The massive tax-saving strategies you may be missing out on

Looking for value-add that’s hidden in plain sight

The seven paths a new investor can take to get started in the self storage industry

Income opportunities that could turn thousands in revenue into millions in equity

And So Much More!

Links from the Show

BiggerPockets Podcast 285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul Moore

BiggerPockets Podcast 286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne

Paul Moore’s Blogs in BiggerPockets Blog

J Scott's Personal Website

Tarl Yarber's BiggerPockets Profile

Gary Keller

Jeff Bezos

Tom Wheelwright's Personal Website

Check the full show notes here: https://biggerpockets.com/show533

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532: Is 2022 the “Perfect Storm” For Multifamily Investing? | J Scott Takeover Nov 16, 2021

Show notes

If you own a single-family rental or a portfolio of single-family rentals, the world of large multifamily may seem scary to you. There are so many more tenants and units, there’s a different financing structure, and what about finding the deals? At some point, many investors make the jump into the world of multifamily, and they rarely look back. One of our own, J Scott, did the same when he offered a year's worth of work for free in order to learn the multifamily game.

Joining him today are multifamily syndicators and thought leaders Ashley Wilson, Brian Burke, and Joe Fairless. Together these four investors manage over two billion dollars worth of multifamily real estate. And just like many listeners, they at one point started at zero.

J uses this episode as a multifamily roundtable, asking each of these veteran investors about the state of the housing market, where to invest, how to plan an exit, which strategies they use when investing, and how rookie investors can get started. Regardless of your unit count, experience, or real estate skills, all these investors believe that with some hard, creative work, you too can succeed in multifamily!

In This Episode We Cover:

Why 2021 was the “perfect storm” for multifamily (and whether or not it will continue)

Cap rate and why it isn’t as great of a metric as most investors think it is

Creating an entrance and exit plan for a large multifamily deal

Finding the “value-add” that will make you and your investors more money

How to analyze a multifamily market using a number of demographic metrics

Transitioning from single-family investing to multifamily success

Growing relationships with owners, brokers, and multifamily vendors

And So Much More!

Links from the Show