BiggerPockets Real Estate Podcast

Copyright: © Copyright © 2023 BiggerPockets LLC, All Rights Reserved. Disclaimer: The information contained in this podcast is for general information purposes only. In no event will we be liable for any loss or damage derived from the information provided.

Latest Episodes:

250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! Oct 26, 2017

Show notes

It’s the episode you’ve been waiting for: Grant Cardone is BACK on the BiggerPockets Podcast!

Last time Grant was on the show he owned $350 million in real estate. Now, with over $600 million, he’s just warming up! From the moment this show begins, it’s a high-powered, fast-moving, high-level (and hilarious) explosion of information and entertainment aimed to motivate, educate, and inspire you to greatness.

You’ll hear why Grant thinks buying a house is one of the stupidest decisions one can make, his plan for avoiding the next real estate decline, and why he says NOW is the best time to invest in real estate—plus a lot more.

In This Episode We Cover:

What’s new with Grant
A discussion on the next real estate crash?
How to make money in today’s market
Why a low cap rate matters
How many offers he makes
How to get going on big deals
Why you need to go big
The mistakes amateurs are making
Various ways to learn more about properties without an agent
Why you should partner with someone with money
Areas to invest
Why you shouldn’t buy a house
The power of mobility
And SO much more!

Links from the Show

Books Mentioned in this Show

The 4-Hour Workweek by Timothy Ferriss
The Richest Man in Babylon by George S. Clason

Tweetable Topics

“In good times, everybody’s a showoff.” (Tweet This!)
“The professional investor has to be willing to move to other markets.” (Tweet This!)
“Not being known at all is going to hurt you.” (Tweet This!)
“You don’t need a home.” (Tweet This!)
“Houses were for the banks and weren’t for the people.” (Tweet This!)

Connect with Grant

Cardone Capital

Learn more about your ad choices. Visit megaphone.fm/adchoices

249: House Hacking, Live-In Flips, and Investing Purposefully with Josh Daniels Oct 19, 2017

Show notes

Why do you want to invest in real estate? Is it just about having a lot of units—or is it about creating a life you can be proud of? On today’s episode of The BiggerPockets Podcast, we sit down with Josh Daniels, a real estate investor in Montana who, along with his wife Summer, has chosen to buy fewer but better deals on a quest for financial freedom.

You’ll hear about Josh’s highly creative actions that turned their first deal into a cash-cow, as well as the shift to (and reason for) investing in single family houses. You’ll love Josh’s attitude toward financial freedom, as well as his message that you don’t need hundreds of units to be free.

In This Episode We Cover:

How Josh got started investing right out of college
The story behind his killer first rental
Rental rates for this property
How they earned $80k on their next deal
What exactly a live-in flip is
How they manage their properties
A discussion on tenant drama in multi- vs. single-family properties
Josh’s “why” in his investing
How to handle emotional attachment to deals
Tips on financing deals through the BRRRR method
His thoughts on Dave Ramsey’s advice for paying off loans
And SO much more!

Links from the Show

Books Mentioned in this Show

The Millionaire Mind by Thomas J. Stanley
The Millionaire Next Door by Thomas J. Stanley
Brandon’s Book on Rental Property Investing
The Total Money Makeover by Dave Ramsey

Fire Round Questions

Tweetable Topics

“Ignore everything on the MLS. Drive every street and check out dilapidated properties.” (Tweet This!)
“Life is not a competition.” (Tweet This!)

Connect with Josh

Josh’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer Oct 12, 2017

Show notes

Looking to scale up your real estate investing business? If so, don’t miss this incredibly powerful episode of The BiggerPockets Podcast.

On today’s show, you’ll meet Todd Dexheimer, who started investing in real estate while working a full-time job as a shop teacher at a Minnesota High School. Todd walks us through his journey of quitting his job and scaling his business to hundreds of flips and rental properties in just a few short years.

You’ll hear how Todd analyzes markets before deals, how he puts together the financing on large multifamily purchases, and how he builds a solid team—no matter how far he’s located from the property.

In This Episode We Cover:

How Todd got started in real estate
How he found and financed his first deal
What exactly a 203k loan is
How he bought a rental and a flip
How to three projects at the same time while working a full-time job
What his investing life looks like today
How he scaled his investing to hundreds of purchases
How he was able to gradually quit his job
Tips for digging deeper with midsize multifamily properties
What he looks for in a property
Advice for getting the overall picture of the market (a unique way to study markets)
How Todd manages to invest out-of-state
How to get the right people on your team
Why he chose Cincinnati
The story behind his 84-unit contract
How he manages his projects
His ski resort story
Todd’s vision of owning $200 million in real estate
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
Finding & Funding Great Deals by Anson Young (discounted!)
Emerging Real Estate Markets by David Lindahl
Rich Dad Poor Dad by Robert Kiyosaki
The ABCs of Real Estate Investing by Ken McElroy
How to Win Friends & Influence People by Dale Carnegie

Fire Round Questions

Tweetable Topics

“It’s not just about good cash flow; it’s about your ability to get out of that investment in the future.” (Tweet This!)
“It’s all a referral business. People talk about people they like and trust.” (Tweet This!)
“If you’re going to try to raise money, you’ve got to have people who know what you do.” (Tweet This!)
“Getting good tenants is the best strategy.” (Tweet This!)

Connect with Todd

Learn more about your ad choices. Visit megaphone.fm/adchoices

247: How to Buy Your First (or Next) Property by the End of the Year [The 90-Day Challenge!] Oct 05, 2017

Show notes

Today’s podcast is unlike anything you’ve heard before. Today, we’re not interviewing anyone. Instead, we’re going to motivate, educate, and inspire you to take some MASSIVE ACTION and sprint to the end of the year!

Why 90 days?

Because the end of 2017 is just three months away, and we know that many of you had some big goals you wanted to accomplish by the end of the year—but you are falling behind. Or maybe you’ve crushed your goals and you are ready to up the ante to hit an even higher goal.

On this podcast, you are going to discover :

Why the next three months are the best time of the year to buy real estate
How to build a step-by-step plan (including daily action steps) to accomplish your goal
How to build a lead funnel that will generate consistent leads for your business
And much more.

This episode is an invitation to join thousands of others in the BiggerPockets community to take the “90 Day Challenge,” a three-month sprint to hit your 2017 goals. This episode is unlike anything we’ve done before—and we think you’re going to love it. Amateur-hour is over. It’s time to take massive action.

In This Episode We Cover:

4 powerful reasons why Q4 is the best time to buy real estate… but only
if you do this one thing
Create a goal for the end of 2017 … and we’ll build a week-by-week, dayby-day
plan to get there
Learn how to build a real estate funnel that delivers leads on autopilot
Discover how BiggerPockets can propel you to greater success, faster
And SO much more!

Links from the Show

Books Mentioned in this Show

The book on investing with low or no money downby Brandon Turner
The book on Rental Property Investing by Brandon Turner

Tweetable Topics:

“Life doesn’t get better by chance. It gets better by change.” (Tweet This!)
“A goal without a plan is just a wish.” (Tweet This!)
“Every property has a ‘home run number.'” (Tweet This!)

Learn more about your ad choices. Visit megaphone.fm/adchoices

246: Surviving the Coming Crash, Earning 20% Returns, and Buying Mobile Home Parks with Kevin Bupp Sep 28, 2017

Show notes

When most investors hear the words “mobile home park,” they turn and run the other way. But not today’s guest, who’s found incredible success buying (and repositioning) mobile home parks.

You’ll learn how Kevin Bupp got his real estate started with single family homes (eventually owning hundreds) and how that led to major problems in the last real estate crash.

You’ll also find out how he’s making sure the next crash is different. Discover the incredible power of mobile home parks in generating huge returns in this less-popular real estate niche by learning Kevin’s story. If you are looking to generate huge amounts of cash flow, this is an episode you can’t afford to miss!

In This Episode We Cover:

The difference between trailer parks and mobile home parks
How Kevin got started
Why to not choose single family homes
How to “stress test” your deals
How (and why) he got into mobile home parks
The target market for this investment
Some objections to owning a mobile home park
The average vacancy Kevin deals with
Tips for financing mobile home parks
The challenges of analyzing mobile home parks
How a mobile home park is valued
Advice for adding value to parks
What you want to consider when investing mobile home parks
How to find mobile home parks
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
The Book on Rental Property Investingby Brandon Turner
What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank Gallinelli
The Slight Edge by Jeff Olson

Tweetable Topics:

“There’s like a million and one ways to make money in real estate. You just have to pick one and give it some time.” (Tweet This!)
“We want to be in front of the sellers when they either decide to sell or need to sell.” (Tweet This!)
“Everyone goes through challenges in their business.” (Tweet This!)
“Tomorrow probably will provide the answer if you don’t give up today.” (Tweet This!)

Connect with Kevin

Learn more about your ad choices. Visit megaphone.fm/adchoices

245: Creating Wealth that Lasts Generations with Bestselling Author Ryan Holiday Sep 21, 2017

Show notes

Are you in this business to make a quick buck—or are you looking to build generational wealth for you and your family? If the latter is true for you, don’t miss a moment of this powerful show with bestselling author Ryan Holiday.

Ryan, best known for his books, such as The Obstacle Is the Way: The Timeless Art of Turning Trials into TriumphA, Trust Me, I’m Lying: Confessions of a Media Manipulatorr, Ego Is the Enemye, andPerennial Seller: The Art of Making and Marketing Work that Lasts, is also a part-time real estate investor and lender.

In this show, we cover a large variety of topics including hard money lending, vacation rentals, writing books, how the awareness of death can make life better, stoicism, and much, much more.

In This Episode We Cover:

Ryan’s background
The importance of learning from other people
His experience as Director of Marketing for American Apparel
Tips on looking for a mentor
His first real estate adventure
His thoughts on Airbnb
How he gets leads for loans
How to do what you love through passive income
The story behind The Obstacle is the Way
How to react to economy collapse
Advice to investors who only see the obstacle
How to control your ego
Why you should do the right thing despite not sharing it
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
Finding and Funding Great Dealsby Anson Young
The Obstacle Is the Way by Ryan Holiday
Trust Me, I’m Lying by Ryan Holiday
Ego is the Enemy by Ryan Holiday
Perennial Seller by Ryan Holiday
The 48 Laws of Power by Robert Greene
Cashflow Quadrant by Robert Kiyosaki
Rich Dad Poor Dad By Robert Kiyosaki
The Millionaire Next Door by Thomas J. Stanley
Fooled by Randomness by Nicholas Taleb
The Black Swan by Nicholas Taleb
Antifragile by Nicholas Taleb
Billion Dollar Lessons by Paul B. Carroll & Chunka Mui

Fire Round Questions

Best Way to Invest a Large Lump Sum of Money ($100-$300K)?

Tweetable Topics:

“Any fool can learn by experience. I prefer to learn by the experience of others.” (Tweet This!)
“Every single business is hiring if you can help them make more than you cost.” (Tweet This!)
“A mentorship is not a destination, it’s a process that ensues.” (Tweet This!)

Connect with Ryan

Learn more about your ad choices. Visit megaphone.fm/adchoices

244: “Unfair” Taxes and Unfair Advantages with Linda Weygant, CPA Sep 14, 2017

Show notes

There are a lot of reasons to love being a real estate investor. One of the most impressive is the “unfair” tax treatment investors get by the US Government – and we mean that in a good way!

On today’s episode of The BiggerPockets Podcast, we sit down with CPA Linda Weygant to learn more about those incredible tax benefits. You’ll also hear how she discovered the power of real estate through her clients, and how that led her to begin her own investing journey.

Linda shares how she navigates the messy world of investing in properties that have HOAs, as well as how she uses her “unfair advantages” to succeed where others fail. Finally, as a CPA, we have a special “tax-focused-Fire-Round” where we talk about LLCs, deductions, and much more!

In This Episode We Cover:

How Linda got into real estate
Why the government likes real estate investors
What her first deal looked like
What to look out for when using credit cards for rehabs
Should you be debt free before investing?
Debt to income ratio
Why she chose a townhouse as a first investment
Her HOA story
The landlord vs HOA mentality
How she got her positions in the HOA boards
Rent-By-The-Room apartments
How to manage Rent-By-The-Room
Investing with family and getting an LLC
How one should handle their business
Where she’s headed in the next 10 years
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
The Book on Rental Property Investingby Brandon Turner
Finding and Funding Great Dealsby Anson Young
The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland
The 4-Hour Workweek by Timothy Ferriss
You’ve Got This by Will Matthews

Fire Round Questions

Tweetable Topics:

“The costs to maintain a property go up every year.” (Tweet This!)
“Always be open for something new.” (Tweet This!)
“Always treat your tenants with respect.” (Tweet This!)

Connect with Linda

Linda’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

243: “How I Built 7-Figures of Wealth on a Working-Class Salary” with Joe “JD” Martin Sep 07, 2017

Show notes

Let’s be honest: not everyone is trying to buy hundreds or thousands of properties. In fact – just a small handful of incredible deals can help build impressive wealth AND great income. That’s the story you’ll hear today as we speak with Joe “JD” Martin, a real estate investor who’s building wealth while working his full-time job.

As you’ll hear, JD had a rough start to his investing, losing over $100,000 on his first “deal,” but came back to create a stable, cash-flowing portfolio of single family houses that has given him financial freedom and over a million dollars in wealth. If that sounds like a plan you can get behind – don’t miss a moment of this powerful episode!

In This Episode We Cover:

Losing six figures on the first deal
The number one problem of that failed deal
How Joe got back into investing again and the strategy he chose
The details on his first rehab
Landlords who hate being landlords
How the quality of tenants matter
The importance of knowing who you want to rent to
Having a day job while investing
A Simple investing strategy
How he finances his properties
What is Cashflow Recycling?
The freedom to do what you love to do
And SO much more!

Links from the Show

Books Mentioned in this Show

Real Estate Investing For Dummiesby Eric Tyson & Robert S. Griswold
Your Money or Your Life by Vicki Robbin, Joe Dominguez, & Monique Tilford
The $100 Startup by Chis Guillebeau
The Millionaire Next Door by Thomas J. Stanley & William D. Danko
The 4-Hour Workweek by Timothy Ferriss

Fire Round Questions

Tweetable Topics:

“A great place to live may not be a great place to sell to make some money.” (Tweet This!)
“There’s no one path that works for everyone.” (Tweet This!)
“You’re really just competing against yourself. There’s no competition.” (Tweet This!)

Connect with Joe

Learn more about your ad choices. Visit megaphone.fm/adchoices

242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall Aug 31, 2017

Show notes

Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner.

You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!”

In This Episode We Cover:

How Josh got started in real estate through buying a Corvette
Details on his first deal – a mini mall
Selling bath tubs while property was still empty
How many properties Josh currently owns
Juggling business and real estate investing
Facebook Marketing to find deals
The Plumber story
His strategy
His monthly cashflow
The ‘why‘ behind his investing
Making assets pay for the liability
His strategy in finding deals
The types of houses he buys
Adding one more bedroom to a house
What is a knockdown?
Managing a business with 70 employees and real estate investing
The Limo Hummer
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
50 Things They Didn’t Teach You in School by Tim Shiner
Playing to Win: Jerry Jones and the Dallas Cowboys by David Magee

Fire Round Questions

Tweetable Topics:

“Real estate is a piece of cake. I can do it with my eyes closed!” (Tweet This!)
“There’s always a way to add an additional bedroom.” (Tweet This!)
“Not everybody is the same person.” (Tweet This!)

Connect with Josh

Learn more about your ad choices. Visit megaphone.fm/adchoices

241: From Local Flips to Raising Funds and Turnkey Investing Around the Country with Jeff Wallenius Aug 24, 2017

Show notes

Is it possible to go from firefighter to real estate mogul? Just ask Jeff Wallenius, who started with a single flip, financed entirely with hard money. He was able to parlay that early success into a profitable flipping business and has been flipping 10-12 houses a year in the Portland market for the last five years. Now, he’s set his sights even higher, has created a couple of funds, and is buying cash flowing turnkey real estate around the country.

In This Episode We Cover:

Jeff’s transition from firefighting to real estate investing
His first flip
What exactly a “cash flow negative” spouse is
The numbers on that first deal
How he sold it
How to price your property
Why he went back in 2012 after the crash
The indicator of a good partner
How he scales his flipping business
What he thinks buying out-of-state
Tips for “riding along” with someone to learn more
How to build an investment fund
Why he sees safety and performance as his bull’s eye
What turnkey is and how someone can vet one
His next goal: acquiring 150 houses in his portfolio
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
Set for Lifeby Scott Trench
Talent is Overrated by Geoffrey Colvin

Fire Round Questions

Tweetable Topics:

“You don’t want to be the cheapest property in the market.” (Tweet This!)
“I’d like to align myself with people that have good morals that are going to do the right thing when it’s hard.” (Tweet This!)
“Flipping is great, but when we stop flipping, the money ends.” (Tweet This!)

Connect with Jeff

Learn more about your ad choices. Visit megaphone.fm/adchoices

Our TOPPODCAST Picks

Follow Us

Stay Connected

BiggerPockets Real Estate Podcast

Related Podcasts

Links

Stay Connected