BiggerPockets Real Estate Podcast

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Hear More About 3D Printed Homes on This Week’s “On The Market” Episode

U.S. Housing Starts Fell Again In June—What It Means For Investors

Get Behind The Shine—A Weekly Textletter from David Greene

Connect with Zachary:

Zachary’s Team at Alquist

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-643

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642: Private Money: What the Experts Warn Against Before You Lend (Or Borrow!) w/Beth Johnson and Alex Breshears Jul 31, 2022

Show notes

Is private money lending the next best way to invest? To the everyday landlord, home flipper, or once-in-a-while investor, private lending seems completely foreign. Why would you lend money when you can put it into your deals? And even if you wanted to, wouldn’t it take millions, or at least a few hundred thousand dollars to get started? Surprisingly, private money lending is available to more people than you think, and it could be your next way to make truly passive income.

Alex Breshears and Beth Johnson were neither millionaires nor active investors when they started lending private money. Over time, they realized that they had grown relationships with active real estate investors, many of which always needed funding for the next deal. While swinging hammers and painting baseboards may sound fun to active BRRRRers or flippers, to Alex and Beth, the passive income that came in from private money lending was even better.

They’re now so ingrained in the world of private money lending that they’ve written the newest BiggerPockets book, Lend to Live, where they talk about how to build “hassle-free passive income” by lending private money. In this episode, they go over how a new investor can start lending, what to look out for in a lender when you need money for deals, and how even with a few thousand dollars, you too can start building truly passive income streams.

In This Episode We Cover:

How any investor can start lending money for a substantial profit

Why private lending has become more popular as investment funding becomes limited

Hard money vs. private money and why you should never confuse the two

What to look for in a private money lender and how to vet them before you invest

Protecting your money as a private lender and what you need to do to secure a return

Where private money lenders can find investors who are looking to invest

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Why Private Money Lending is a Perfect Alternative to Active Investing

The Perks & Process of Becoming a Private Lender

Books Mentioned in the Show

Lend to Live by Beth Johnson and Alex Breshears

Extreme Ownership by Leif Babin

Cashflow Quadrantby Robert Kiyosaki

Psycho-Cybernetics by Maxwell Maltz, M.D

Connect with Beth & Alex:

Alex and Beth Email on Lend2Live

Beth's Email on Flynn Family Lending

Alex' BiggerPockets Profile

Beth's BiggerPockets Profile

Lend2Live

Flynn Family Lending

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-642

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641: 15 Rentals in 1 Year (While Running 3 Businesses!) by Putting Time First w/Christian Bachelder Jul 28, 2022

Show notes

Vacation rentals, real estate agent commissions, brokerage fees, insurance quotes, and everything in between just start to scratch the surface of who Christian Bachelder is. Some of you may have seen Christian before on our YouTube channel where he talks about interest rates, loan products, and other future financing projections. But today, Christian gets to talk about how he not only built a large rental portfolio but did so while running multiple businesses.

Even as full-time workers, many Americans feel like they don’t have enough time in the day to relax, let alone invest. So how does someone with a jam-packed schedule, a lot of pressure, and a mountain of responsibilities find time to not only buy one rental but fifteen rental properties in a year? To Christian, it took a bit of trial and error, but the answer is simply making your time as efficient as humanly possible.

He’s been able to heavily invest, start and run one of the top mortgage brokerages in the country, work as an agent, and provide insurance to clients as well. He drills down into what business owners and investors alike need to do to reclaim their time, and once it’s theirs, use it to the highest and best use. He also drops some financing pro tips that may help you lower the down payment you need or close with a better-than-average interest rate!

In This Episode We Cover:

Turning your referrals into full-blown businesses that can build your wealth

Why investors should always choose brokers, lenders, and agents who invest themselves

The velocity of time and why focusing on “return on time” beats ROI when investing

Creative financing and loan programs that can save you serious cash at closing

Partnering up to not only buy real estate but build businesses faster

How to get three times more work done in the same amount of time

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

BiggerPockets Short-Term Rental Calculator

Work with The One Brokerage on Your Next Loan

Books Mentioned in the Show

SOLD by David Greene

SKILL by David Greene

BRRRR by David Greene

Long-Distance Real Estate Investing by David Greene

Never Split the Differenceby Chris Voss

Connect with Christian:

Christian's Email

Christian's BiggerPockets Profile

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-641

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year! Jul 26, 2022

Show notes

Knowing how to buy your first rental property can be the difference between you building a life of financial freedom or merely treading water working for active income. The life of a real estate investor isn’t glamorous, but it leads to generational wealth, time freedom, and the ability to do what you want, when you want, with who you want. The first step to becoming a real estate investor is buying your first real estate deal. This first step is where ninety-nine percent of people stop, but it’s where you will start.

Dave Meyer, VP of Data and Analytics and host of On The Market, has built a financial freedom-permitting property portfolio over the last decade. He doesn’t have thousands of units, but even with his medium-sized portfolio, he’s been able to travel the world, live abroad, and continuously build wealth. He’s here to teach you exactly how to do the same by buying your first, second, or third real estate deal in the next 365 days!

If you’re able to do so, you will see your life start to change before your eyes. Money will be easier to find, deals will come your way, and passive income streams will be dug in your direction. If you’re able to buy your first (or next) deal like Dave describes, put systems in place for future purchases, and slowly build a team around you, your dream rental property portfolio won’t be too far away.

In This Episode We Cover:

The 3 “Ds” of real estate investing and how to get over their obstacles

Why every smart investor continues to buy even in murky housing markets like today

Building the “LAPS” funnel that will send real estate deals your way

How to analyze a rental property for free using the BiggerPockets rental property calculator

The different types of ways you can buy real estate with no money down

Why the first three real estate deals matter more than most people think

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

BiggerPockets Rental Property Calculator

Listen to Dave on The “On The Market” Podcast: Spotify, Apple Podcast, & BiggerPockets

BiggerPockets Rent Estimator

BiggerPockets Agent Finder

BiggerPockets Deals for Sale

Already a Pro Member? Use Code “PRORENTAL” to Get All the Upgrades Mentioned in This Video

Books Mentioned in the Show

Real Estate By The Numbers by Dave Meyer

BRRRR by David Greene

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-640

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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639:Passive Income (Without the Properties!) by Investing in REITs w/Matt Argersinger Jul 24, 2022

Show notes

REITs have long been a passive income generator for many who don’t want to deal with the trash, toilets, and tenants that come with rental property investing. No 2 AM phone calls, no listings, no showings, and no sales. With REITs (real estate investment trusts) you simply click a button, buy a share in the company, and wait for your passive income (dividends) to flow into your account. Seems pretty sweet right? Matt Argersinger from The Motley Fool agrees.

Matt isn’t your typical stock investor. He’s owned multiple rental properties and has even house hacked and put in some serious sweat equity. He knows that leverage and forced appreciation are huge wealth builders in the realm of real estate, but still chooses to invest in REITs instead of rentals. Why? Matt is focused more on creating passive income—as in TRULY passive income—no tenant surprises or maintenance calls to make. Matt wants to research, invest, and let his net worth grow, all while still receiving real estate-generated cash flow.

Maybe you’re skeptical. How can passive investing be so easy? If you’re brand new to REITs, Matt does a phenomenal job at explaining what they are, how they work, which types to buy, and what you can do to get started investing today. Regardless of your knowledge of the stock market, if you like income-producing real estate, this episode is for you.

In This Episode We Cover:

What are REITs (real estate investment trusts) and how they work

Why buy REITs instead of rentals, plus the benefits of both

Cheap REITs that are becoming undervalued as the stock market crashes

Mortgage vs. equity REITs and why higher cash flow could mean higher risk

The dangers of day trading and how long investors should hold onto REITs

The key metrics any investor needs to research before investing in a REIT

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Henry's BiggerPockets Profile

Henry's Instagram

Hear David on “Motley Fool Money”

Join the Real Estate Winners and Grow Your REIT Portfolio

Invest in Real Estate Without Leaving Your Computer

Passive Real Estate Investments vs REITs

Data Center REITs Are On Fire—Should You Invest?

Connect with Matt:

Matt's Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-639

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing w/Brian Davila Jul 21, 2022

Show notes

Rental property investing is a great way to make cash flow, or so it seemed in the pre-2022 world. Interest rates are rising, home prices have skyrocketed, and rent can’t keep pace with this market. Brian Davila saw this in his portfolio and knew he needed to do something about it. Buying “traditional” rental properties wasn’t going to cut it, especially when the monthly cash flow was a measly few hundred dollars. How many houses would it take to grant him a life of financial freedom?

To most people, Brian Davila looks spoiled for choice. He’s a young guy, doing forty or so flips per year, bringing in big active and passive income checks. If you think that Brian can’t relate to the average investor, you’re wrong. Brain immigrated to the United States at just six years old, dropped out of high school in the ninth grade, and had his first child at nineteen. He was working at Las Vegas day clubs making ten dollars an hour before he decided to become a real estate agent.

After cold calling hundreds of sellers a week, Brian was able to grow his clientele and eventually become a top agent. The only problem? He had no time for his family. He made the switch to start flipping and buying long-term rentals but had to pivot once again to a different strategy that would make him more cash flow even as home prices rise. Brian knows what it takes to become very successful in real estate in a short amount of time, and if Brian can do it, anyone can.

In This Episode We Cover:

How to become a successful agent and why most people shouldn’t get their license

Transitioning from trading your time for money to letting your money give you back time

Brian’s biggest mistake when growing a fast-paced real estate investing business

Flipping forty homes a year and how to get around permitting pain points

Short-term rentals vs. long-term rentals and which will survive in 2022

Lowering your tax bill as a real estate investor and avoiding capital gains

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

BiggerPockets Podcast 616

Real Estate Rookie 113

How to Calculate Numbers on a Rental Property

Rob’s Video on The New Airbnb Redesign

Books Mentioned in the Show

SKILLby David Greene

SOLDby David Greene

Flip Your Futureby Ryan Pineda

$100M Offersby Alex Hormozi

Connect with Brian:

Brian's BiggerPockets Profile

Brian's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-638

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory Jul 19, 2022

Show notes

Most new investors don’t know how to find private money for real estate. They think private money is only reserved for those with a Rolodex full of rich or well-off business people, investors, or relatives. Using this line of thinking, most real estate investors will simply buy a deal, save up for years, and do it again. If you want to get on the fast track to a respectable real estate portfolio—private money is the way to go.

But you don’t have to take our word for it. Amy Mahjoory, private money expert, is back on part two of her financing and funding masterclass. Amy has grown her real estate portfolio quickly, thanks to private money. On just her second deal she was able to pay for a significant portion of the property using her private lender. Now, she urges investors, no matter their experience level, to do the same.

This time, Amy walks through five strategies that any investor can use to connect with private money lenders today. These strategies are simple—so simple that almost anyone can use them and find success quickly. They don’t require lots of money, time, or experience, but you need to be aware of them next time you’re in a perfect situation to make your pitch. Try these five strategies today, and you may see your inbox flooded with private money offers!

In This Episode We Cover

Why raising private money is easy when you’ve built the right systems and strategies

Referrals and why word-of-mouth is one of the most powerful marketing tactics

Connecting with non-real estate-related professionals to raise money

How one small “investment” in attending an event can open you up to dozens of lenders at once

Building an online presence so you’re known, liked, and trusted by a large community

Hosting and attending meetups, no matter the industry or your experience, to find private money

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Listen to Amy’s Part 1 Episode

Brandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAY

Book Mentioned in the Show:

Raising Private Capital by Matt Faircloth

Connect with Amy:

Amy's Website

Amy's LinkedIn

Amy's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-637

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

636: Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) w/Amy Mahjoory Jul 17, 2022

Show notes

Raising capital for real estate is at some point what every investor must do. When you’re buying your first rental property, you can easily use your cash savings or a conventional loan to close on the property. But, on your second, third, fourth, or one-hundredth deal, finding the money (or financing) to get the deal done may start to get a little difficult. So how do you come up with the money to buy more rental properties, house flips, or commercial real estate, WITHOUT asking your parents, grandma, or friends for cash?

Amy Mahjoory has raised $20M from private money lenders, none of which are related to her (she makes sure of that). Think of Amy as a capital connector, getting to know as many existing, or potential, private money lenders as possible. We know what you’re thinking, “private money lending sounds complicated, don’t only big investors do that?” Think of a private money lender as anyone who has money, isn’t doing much with it, and wants to make more of it.

These lenders could be your taxi driver, your dentist, or maybe a friend of a friend. Private money is all around you, and if financing or cash reserves is what’s stopping you from doing more deals, we urge you to take the four steps that Amy outlines today. There’s a good chance you already know a private money lender!

In This Episode We Cover:

What is private money lending and why it’s so different from traditional financing

Building a reputation that’ll turn a stranger into a trusted lender quickly

The “four-second power pitch” that’ll land you lenders immediately

How to make your lending process legit and the documentation needed to do so

Addressing investor fear and how to make lenders feel confident in you

The key to open, honest, and powerful communication when talking to any potential lender

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

“On The Market” YouTube Channel

Access Brandon Turner’s Free Masterclass

How to Find Private Money Lenders and Finance Your Deals

10 Ways to Build a Reputation as Your Market’s Premier Real Estate Investor

Hard Money vs. Private Money

Books Mentioned in the Show

Raising Private Capital by Matt Faircloth

Rich Dad Poor Dadby Robert Kiyosaki

Connect with Amy:

Amy's Website

Amy's LinkedIn

Amy's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-636

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio Jul 14, 2022

Show notes

Building a rental property empire isn’t easy. Whether you dream of owning five, ten, or two hundred rental units, there is a way to get there—you just need to know what it is. It took Sam Primm seven years to figure out the smartest way to invest in real estate, and now he’s here to share it with you! Sam, like many people, didn’t hate his nine-to-five job but knew that being on some else's schedule wasn’t bearable for the rest of his life.

Sam partnered up flipping a few houses here, buying a few rental units there, and wholesaling for some extra cash. Three years into his real estate side business, Sam took the leap and went full-time into investing. Since then, he’s been able to buy over $20M in real estate, totaling his portfolio to a whopping $40M. This may seem unachievable to the average real estate investor, but Sam makes it clear that he isn’t special and is just a regular guy buying rentals.

Through his real estate tenure, he’s been able to define exactly what the average investor needs to do to scale their real estate portfolio. His “SCALE” system isn’t complex, but it will help you double, triple, or quadruple the amount of real estate you own in a very short amount of time. Itching to go full-time into investing like Sam did? Tune into this episode, he’ll show you exactly how he did it.

In This Episode We Cover:

What to know BEFORE you quit your job to go full-time into real estate investing

The “SCALE” system that allows you to grow your real estate portfolio faster

The best way to meet private money lenders, investing experts, and future partners

Getting your spouse on board the real estate investing train

Why fear is the most important feeling for new real estate investors

Using social media to grow your network so you can scale faster

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

“On The Market” YouTube Channel

Henry's BiggerPockets Profile

Books Mentioned in the Show

Rich Dad Poor Dadby Robert Kiyosaki

Tractionby Gino Wickman

Connect with Sam:

Sam's Instagram

Sam's YouTube

Sam's BiggerPockets Profile

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-635

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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634: Why 2023 Will Be One of The Best Years Ever to Invest in Multifamily w/Matt Faircloth and Andrew Cushman Jul 12, 2022

Show notes

Investing in apartment buildings may seem like a big jump to everyday real estate investors. Mom and pop landlords—used to buying single-family houses or duplexes—may see apartment buildings as far outside their reach. And this, for the most part, has been true over the past two years. With high competition, equally high prices, and syndication deals popping off every other second, regular investors haven’t been able to invest in large multifamily real estate—until now.

Andrew Cushman and Matt Faircloth started as solo-investors like most of us. But, over the past decade, they’ve both grown large multifamily portfolios, and know exactly how hard it's been over the past two years. They’re finally starting to see some cracks in the institutional armor of multifamily, allowing small-time investors to get deals while everyone else is fleeing from high interest rates and an oncoming economic downturn.

If you’ve been waiting to level up your investment portfolio, make big equity gains, and bring in massive passive income, then this is the episode for you. And, if you feel like you’re too new to invest, the BiggerPockets Multifamily Bootcamp, hosted by Matt Faircloth, will give you everything you need to go from onlooker to investor!

In This Episode We Cover:

Multifamily “tailwinds” that are making apartment investing easier in 2022 and 2023

The hidden opportunity of multifamily that most investors don’t pay attention to

How creativity became crucial in the real estate industry and using it to score better deals

Which multifamily properties are safe from an economic downturn and inflation

The seven ways that you can mitigate multifamily risk when investing

How to start building your multifamily strategy today so deals flow to you as competition thins

And So Much More!

Links from the Show