BiggerPockets Real Estate Podcast

Hospitable (formerly Smartbnb)

Keller Williams Website

Personal Capital

AirDNA

BPCON2021

How to Use the DISC Profile to Communicate Effectively in Business , an article by David Greene

Robert Abasolo's Instagram

Robert Abasolo's TikTok

David Greene's Instagram

Craig Curelop's BiggerPockets Profile

Matt Faircloth’s BiggerPockets Profile

Check the full show notes here: https://www.biggerpockets.com/show563

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562: How to Make 2022 Your Best Year Ever Jan 25, 2022

Show notes

“How to invest in real estate?” is a commonly searched-for term across the internet. With home prices continuing to climb and inventory staying low, more people want to know how it’s possible to buy real estate in turbulent times like 2022. It’s no surprise there’s been an uptick in investors—real estate offers consistent, reliable returns, paired with big tax benefits and the ability to scale with ease.

But don’t you worry, we’re not going to make you go through all the trips and stumbles uneducated investors have to face. David Greene, host of the BiggerPockets Real Estate Podcast, has made these mistakes for you, so you can achieve financial freedom faster and with less stress.

David shares eleven powerful tips that you can use to make 2022 your best investing year yet! He also provides examples from his own investing career on what you should (and should not) do when getting your footing in the investing world. If you pair this information with daily consistent action, you’re in for a phenomenal 2022 (and beyond)!

In This Episode We Cover:

Eleven powerful tips to make 2022 the best investing year ever

Why new year’s resolutions don’t always work, plus a better way to set goals

The three keys to success in real estate, life, and business

Building out your LAPS funnel so you always have deals coming in

The best real estate investing tools that you should take advantage of

A special discount off BiggerPockets Pro just for listeners of this episode

And So Much More!

Links from the Show

BiggerPockets Pro Exclusive Videos

Biggerpockets Pro Upgrade (Code: REPOD1)

Hustle & Persistence To Build Wealth Through Real Estate | BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene

BiggerPockets Store

Webinar Slides

Webinar Workbook

Real Estate Investing Bootcamps

BiggerPockets's Instagram

BiggerPockets Investment Calculators

Foreclosure.com

AirDNA

Airbnb

Email: support@biggerpockets.com (for refund)

Check the full show notes here: https://www.biggerpockets.com/show562

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561: Establishing Your “Beachhead” to Work Less and Invest MUCH More | Q&A w/Craig Curelop Jan 23, 2022

Show notes

House hacking, renting by the room, co-living, boarding houses? These are all things that author, investor, real estate agent, and expert hacker of houses, Craig Curelop, is used to. Craig got his start in real estate investing by renting out rooms in his own home, having his roommates pay his mortgage for him, and eventually skating on to financial freedom.

Craig is joined by another familiar expert house hacker and real estate investor, David Greene, to answer questions around lending, leases, and the legality of raising private money. With so many new real estate rookies in the investing sphere, this episode is a great intro for anyone who’s looking to plan, start, or scale their next real estate investment.

Craig and David fire from the hip in this episode, answering questions live with topics ranging from scaling your business while keeping your free time, refinancing on a shared boarding house, raising private capital (equity vs. debt), what to expect when you house hack, and how to rent out your home in the snowy winter.

In This Episode We Cover:

Establishing your “beachhead” as an investor, business owner, or real estate agent

Strategizing your refinance when your home is less than conventional

How much interest to promise investors and when to raise capital

Planning your house hack purchase and setting up your home for multiple roommates

Precautions to take when renting out your home in the winter

And So Much More!

Links from the Show

BiggerPockets Talent Search

BiggerPockets Rental Property Calculator

BiggerPockets Pro Membership

Submit Your Questions to David Greene

David’s BiggerPockets Profile

David’s Instagram

Click here to check the full show notes: https://www.biggerpockets.com/show561

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560: Double Your Rental Income with Co-Living Cash Flow w/Sam Wegert Jan 20, 2022

Show notes

Co-living (coliving) may sound a bit scary at first to a landlord. You have a bunch of young professionals living under one roof. What if there is an argument over cleaning, what if there is a fight that breaks out, will my property be ripped to shreds? Let today’s guest, Sam Wegert, quell your fears—co-living and house hacking can rake in cash flow, with way less of a landlord headache.

Sam is no stranger to entrepreneurship and real estate investing. He bought his own martial art studio at the age of fifteen and his first rental property at nineteen years old. Now he boasts a portfolio of over twenty-two long-term rentals, ten short-term rentals, seven martial arts studios, and one online program. Even more impressive, Sam is managing over 150 different tenants throughout his thirty-two properties.

How does he do this without ripping his hair out? Well, aside from the relaxation that comes after an intense sparring match, Sam has systematized his real estate business into a cash-producing machine. He has had to build his own property management and his own policies that help keep him, and his tenants, happy. If you’re looking for your next cash cow rental investment, this could be it!

In This Episode We Cover:

Starting a business and buying property at an impressively young age

House hacking and why every young investor should try it

Keeping the peace in a co-living house and building a bullet-proof lease

What to look for when buying co-living properties (size, bedrooms, bathrooms, etc.)

The systems Sam uses to keep his rental property business running smoothly

Developing discipline to take on bigger, scarier challenges (and crush them!)

And So Much More!

Links from the Show:

BiggerPocket's The Ultimate Beginner's Guide to Real Estate Investing

BiggerPockets Youtube: BRRRR and Rent by the Room: Retire from Real Estate with few properties with Ron Gallagher

Craigslist

Facebook

MLS (Multiple Listing Service)

BiggerPockets Podcast 392: $12,500 per Month in ‘Pure Cash Flow’ With Todd Baldwin

BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn

The Tony Robbins Podcast

Craig Curelop's Instagram

Craig Curelop's Tiktok

David Greene's Instagram

Connect with Sam:

Life Door Rentals Website

UpLevel Martial Arts Website

Sam's Facebook Profile

Sam's Instagram

Sam's Coliving Course

Sam's Facebook Page

Check the full show notes here: https://www.biggerpockets.com/show560

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559: 1,000 Units as a Part-Time Nurse and the System That Helped Her Get There w/Stephanie Betters Jan 18, 2022

Show notes

Real estate CRMs (customer relationship management) aren’t the most exciting things to talk about…that is until you look at the results they help build. Before building her own CRM, Stephanie Betters was struggling to grow her real estate portfolio. She had an original goal to acquire fifteen units before her children went to college, but realized that her taxing job as a nurse wouldn’t allow it. For her to hit fifteen units, she would have to scale, automate, and delegate tasks.

She did just that and overshot her goal by a significant margin. As of now, Stephanie has 1,000 rental units and is wholesaling and building another 200 deals per year. She’s doing all of this while working as a part-time nurse, which truly shows her real estate system is a well-oiled machine. But, this system wasn’t just dropped into her lap, she had to build it herself using Salesforce as a base.

If you’ve been thinking about scaling your business, no matter what stage you’re at, Stephanie has recommendations for how to do so in the best way possible. This includes systems for the novice investor/house hacker up to the streamlined syndicator and everything in between.

In This Episode We Cover:

Incorporating “real estate tech” at each stage of your investing journey

Using CRMs like salesforce to automate your entire business

Hiring, training, and leading a team of virtual assistants (foreign and domestic)

“Lead leakage” and how it could be costing you thousands every month

The three most important KPIs every investor should be tracking

Text, email, and other outreach-type automations that will save you time

And So Much More!

Links from the Show

BiggerPockets Business Podcast

BiggerPockets Business Podcast 80: Turning Problems Into New Income Streams With Stephanie Betters

BiggerPockets Calculators

Realtor.com

Left Main

Blinkist

Craig's BiggerPockets Profile

Check the full show notes here: https://www.biggerpockets.com/show559

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558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? Jan 16, 2022

Show notes

Cash flow is arguably the most important metric in real estate investing…that is if you’re talking to novice investors. Expert investors, like David Greene, know that cash flow is but one of many factors to consider when buying a rental property, and it’s arguably the least important. While rookie investors focus on building their cash flow, veterans focus on building their wealth while freeing up their time.

On this week’s episode of Seeing Greene, your jiu-jitsu and real estate sensei is back to drop some wealth-building bombs so you can work less, live more, and lead a happier life. David takes questions in the form of video submissions as well as questions off of the BiggerPockets forums. The topics of these questions range from HELOC (home equity lines of credit), buying rentals without a W2, cash flow vs. appreciation, and why rent appreciation isn’t matching home appreciation.

Want to ask David a question? Send in your video submission here!

In This Episode We Cover:

When to use HELOCs, hard money loans, or conventional loans to buy rentals

How to find financing for a rental when you don’t have W2 income

What sellers look for when deciding on which offer to take

How to lower your DTI (debt-to-income) ratio so you can qualify for more loans

Whether or not to focus on cash flow or appreciation for long-term wealth building

Why rent growth cannot and will not match home price appreciation

And So Much More!

Links from the Show

BiggerPockets Talent Search

Submit Your Questions to David Greene

BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off?

BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow —

BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions

Click here to check the full show notes: https://www.biggerpockets.com/show558

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557: Raising Millions of Dollars (and 8 Kids!) After Dumping Her Day Job w/ Esther Reizes-Lowenbein Jan 13, 2022

Show notes

Raising capital for real estate investing is a far more useful skill than most people realize. If you have a strong knack for networking and the social skills to connect with many different individuals, you could be the exact piece that almost every investor is looking for. As more investors get into the hot commercial real estate market, they’ll need private capital to fund their deals. So who better than you to connect the investor and the deal finder for a piece of the cash flow pie?

If you’re worried about the time commitment of raising capital, let us introduce you to Esther Reizes-Lowenbein, who not only worked as a broker, capital raiser, and investor but also is raising her eight children while doing it. Fortunately for Esther, raising capital is something she loves to do, as she has a strong communication background with her former training in speech pathology.

If you’re getting the itch to start investing in bigger deals, but don’t know how to get started, Esther can help. She walks through the different roles in commercial real estate, whether to invest, syndicate, or stick with small deals, and how to become a capital raiser yourself (the right, legal way).

In This Episode We Cover:

General partners, limited partners, and every commercial real estate role in between

Whether to invest, syndicate, or continue to buy small deals yourself

How to legally (and ethically) become a great capital raiser

The biggest mistakes commercial brokers make early into their career

The hottest property types and which you should look into for 2022

The Achilles heel of most short-term rental deals

And So Much More!

Links from the Show:

BiggerPockets Podcast 518: The Biggest Takeaways from BPCon 2021 | Live Host Panel from NOLA

BiggerPockets Podcast 366: 40 Doors in the First 2 Years with Henry Washington

BPCON2021 - New Orleans

Airbnb

Henry Washington's Instagram

David Greene's Instagram

Check the full show notes here: https://biggerpockets.com/show557

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556: The Most Feared BRRRR Step (and How to Get Over It) | Coaching Calls Jan 11, 2022

Show notes

If you’re rehabbing a rental, performing a BRRRR, building an ADU, or even getting into new construction, now is a challenging time for you. With supply chain problems, limited materials, and all-time high housing prices, contractors are in low supply. Even when you do schedule a project, the likelihood of your contractors showing up on time can be slim at best.

David Greene is back with another round of coaching calls to give his take on this current contractor crisis, as well as answer questions on the BRRRR strategy, the turnkey rental method, going over budget, and how to stay focused when investing. If you’ve struggled at all with anything related to calculating rehab budgets, liens on properties, and managing contractors yourself, be sure to write down David’s suggestions.

Have a question about real estate investing you want to ask David? Want to help other investors in your position? Submit your question here!

In This Episode We Cover:

Whether or not the turnkey rental model is built to scale your portfolio

Why capital is crucial when investing in real estate over the long-term

Breaking down the BRRRR strategy and walking through the more difficult steps

What to do if your rehab job goes over budget (and how to make it a win!)

Backing out of a contract when a lien has been placed against a home

Where (and how) to find reasonable, timely, and available contractors

And So Much More!

Links from the Show

Submit Your Questions to David

Open Door Capital

BiggerPockets Facebook Group

Real Estate Rookie Podcast

David's Instagram

Check the full show notes here: https://biggerpockets.com/show556

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555: Buying in Expensive Markets & When to Jump Into Real Estate: Live Q&A w/Henry Washington Jan 09, 2022

Show notes

If you’ve got real estate investing questions, David Greene and Henry Washington have answers. These two real estate investors have been through the good times and the bad times, dealing with dozens of tenants, plenty of 2 AM maintenance calls, and all the fun that comes along the way. Today, they open up their minds to help share answers to some of the most asked real estate questions.

These questions were taken directly from real estate investors, just like you! You’ll get to hear exactly how David and Henry answer tough questions like these, on the spot, with no preparation. If you’ve been itching to ask a question to a high-level investor like David or Henry, stick around, as they might answer your question on today’s episode!

Want to ask a question next time? Submit yours at biggerpockets.com/david!

In This Episode We Cover:

How to buy properties in an expensive market (and still cash flow!)

Whether or not you should convince a seller to owner-finance you a deal

Saving up down payments vs. using HELOCs (home equity lines of credit) to purchase your deals

When the right time to jump into real estate is (and how much you should have saved)

Whether or not you should buy a house that’s on a septic tank

How to finance more properties when you’ve personally maxed out your DTI (debt-to-income ratio)

And So Much More!

Links from the Show

BiggerPockets Talent Search

Submit Your Questions to David Greene

David’s BiggerPockets Profile

David’s Instagram

Click here to check the full show notes: https://www.biggerpockets.com/show555

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554: 81 Units in 3 Years: All On-Market with NO Bank Loans w/Cody Davis Jan 06, 2022

Show notes

Profitable on-market properties are all around you, you just need to take the time to look. Oh, we hear what you’re saying, “all those on-market properties are bad deals!” While not all properties sitting on the MLS are home runs, today’s guest Cody Davis can confirm there are multiple cash flowing needles in the public housing market haystack.

Cody and his partner have been able to grow their portfolio to eighty-one units, all through seller financing and all found on-market. These deals not only cash flow but once paid off will allow Cody to retire not only himself but his mother as well. Did we mention that he’s twenty-one years old at the time of this recording? Another under-thirty-expert to add to our list of impressive guests!

While many investors give up after initial pushback over seller financing, Cody goes one step further by having the investor emotionally invest in his success. No tacky sales methods or pushy conversations—just honest work with a clear vision that a seller can relate to. Cody is top of his class in terms of managing properties, acquiring new ones, and working with sellers—a guest ANY investor can learn a lot from!

In This Episode We Cover:

Picking yourself up after a deal falls apart and finding another

“Relationship marketing” and how it helps sellers finance your acquisitions

Raising private capital and being sure your cash flow outweighs your debt

Having a crystal clear vision and using it to fuel all your acquisitions

Managing a property in-house vs. hiring a third-party property manager

Why cap rate may be an over-hyped, often useless metric when looking at commercial real estate

Finding real estate deals on-market when there are “no deals to be found”

And So Much More!

Links from the Show: