BiggerPockets Real Estate Podcast

The BiggerPockets Bookstore

Alan Corey

Gary Keller

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

BiggerPockets Podcast 447: Create Your Dream Life in 3-5 Years Using Vivid Visions with Cameron Herold

BiggerPockets Podcast 461: Defeating the “Enemy of Success” with Steven Pressfield (The War of Art)

GoBundance

YNAB (You Need A Budget)

Mint

Open Door Capital

Email Your Questions: podcast@biggerpockets.com

Check the full show notes here: https://www.biggerpockets.com/show503

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502: BiggerNews, September: Will Anything Slow Down this Housing Market? with Dave Meyer & Kathy Fettke Sep 07, 2021

Show notes

Welcome back to another episode of the BiggerPockets Podcast. Today, we’re trying a new format where David Greene and Dave Meyer bring on an expert in the real estate investing space and talk through all the market trends, legislature, and other factors influencing the housing market and economy.

As our special guest, Kathy Fettke from the Real Wealth Network joins us to talk about housing market predictions in 2021 and beyond, the eviction moratorium (and its effects after ending), and where investors should start looking for opportunities. We touch on economic concepts like supply and demand, how this market compares to 2007’s bubble, why millennials are soon to become the biggest buying cohort in America, and the underbuilding crisis that we’re currently facing.

If you’d like to request a topic for discussion or ask a question, send us an email at podcast@biggerpockets.com with NEWS in the subject line!

In This Episode We Cover:

Housing market predictions for 2021 and beyond

Comparing today’s high values to the values back in 2007

The eviction moratorium and the impact it had on mom and pop landlords

Understanding the difference between the dollar crashing and home values skyrocketing

When we will return to a more “normal” housing market

Why millennials face an uphill battle when trying to purchase homes

And So Much More!

Links from the Show

NMHC Rent Payment Tracker

Dave's Real Estate News

Email Your Questions: podcast@biggerpockets.com

Check the full show notes here: http://biggerpockets.com/show502

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501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions Sep 05, 2021

Show notes

We’re back with another episode of “Seeing Greene” with David Greene! Listeners and investors have submitted their questions via video and through the BiggerPockets Facebook Groups and BiggerPockets forums over the past month, we’ve compiled some of the best (and most frequently asked) questions so David can answer them live on air!

This episode goes over a handful of different topics with questions from agents, wholesalers, new home buyers, rookie investors, veteran investors, and others just trying to get into real estate investing. These questions are not only common, but crucial when trying to understand purchasing, structuring, and optimizing real estate investments.

If you want to ask David a question, click here to submit a video for David to answer on the next “Seeing Greene”! Want an answer right away? Head over to the BiggerPockets forums to get help from millions of other real estate investors, just like you.

In This Episode We Cover:

How to become a star agent in a brand new (or competitive) market

Should you use points to get lower interest rates?

How soon can you refinance a house purchased in cash?

What are some factors of a successful short-term rental?

How would David escape a triangle hold from Brandon Turner?

How do you structure partnerships?

And So Much More!

Links from the Show

BiggerPockets Wealth Magazine

BiggerPockets Bundle

Submit Your Questions to David Greene

Click here to check the full show notes: https://www.biggerpockets.com/show501

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500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming Sep 02, 2021

Show notes

Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad, has sold over thirty million copies and has been translated into forty different languages across forty different countries. Since its inception in 2002, Rich Dad Poor Dad has become almost every investor’s favorite book, prompting them to get out of the rat race, pursue financial independence, and teach them everything Robert’s “Rich Dad” taught him.

Robert has seen numerous housing cycles, including crashes, booms, and busts. His knowledge of micro and macroeconomics is astounding (to say the least) and he has some strong predictions for the future of real estate investing and the global economy as a whole. We talk about capitalism, marxism, communism, inflation, debt, assets, liabilities, and everything in between. This episode is not only crucial for anyone who is a fan of Robert’s books, board games, and videos but anyone who truly wants to learn the game of real estate.

As a general word of advice: Robert has some very strong opinions that he voices throughout this episode, and even if you disagree with any (or many) of them, it may serve helpful to listen to his full explanations of his takes. Robert has built an incredibly successful life, but started as a child of a financially dependent family, served in the marines during the Vietnam war, and has fought hard to keep capitalism alive and well in the United States, and abroad.

Be sure to grab Robert’s new book, Capitalist Manifesto, and thank you for joining us for the 500th episode of The BiggerPockets Podcast!

In This Episode We Cover:

Why Rich Dad Poor Dad remains a timeless classic in the investing world

Why Robert favors real estate, precious metals, and cryptocurrency above other assets

The difference between an asset and liability, and why so many Americans confuse them

Writing (and fighting) for freedom, prosperity, and wealth

Paying attention to the macroeconomic trends and using them to make smarter investing decisions

The assets that Robert is bullish on in today’s market

Why you need to love studying real estate to become successful

And So Much More!

Links from the Show

BiggerPockets Wealth Magazine

BiggerPockets Bundle

BiggerPockets Podcast 479: 10 Powerful Lessons Brandon Learned Building a $50M+ Rental Portfolio

Ray Kroc's Story

Dave Ramsey's Website

Cashflow Game

GoBundance

Ken McElroy's Website

David's Guesting on Ken McElroy's Show

Jordan Peterson's Website

Check the full show notes here: https://biggerpockets.com/show500

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499: The Death of The "Entrepreneur”: Experience from an 8-Figure CEO Aug 29, 2021

Show notes

Many people call themselves “entrepreneurs” nowadays. Essentially, anyone who can make some kind of income on their own is an entrepreneur, but there is a big difference between an entrepreneur and a business owner. While an entrepreneur can start businesses, a business owner can build, enhance, and delegate out a business. This is something that today’s guest, James Wedmore, is proficient at.

James’ experience in this field speaks for itself, he’s an 8-figure CEO, a highly sought-after coach for successful business leaders, and runs the Mind Your Business Podcast. He has a unique viewpoint when looking at growth, which allows many business owners to take a step back and think “what is truly achievable?”

James helps business owners grow their businesses into scalable, profitable, and successful operations. He focuses on building a “machine” that can run as a business, as opposed to a business owner doing 10+ different tasks, solely because they can. He also talks about the importance of having urgency in your product offering and giving your business what it needs to thrive, not just trying to extract what you need from it.

In This Episode We Cover:

The difference between entrepreneurs and business owners

Why so many business owners get bored of their business

Addressing the needs of your business and asking “what does it want from me?”

Letting go of technician roles in a business and delegating tasks

Getting rid of bad habits through mindful integrity

Forgiving yourself for mistakes, self-judgment, and blame

And So Much More!

Links from the Show

Mind Your Business Podcast

OpenDoor Capital

BiggerPockets Podcast 484: 3 Ways to Simplify Your Real Estate Investing with Brandon Turner

BiggerPockets Podcast 449: How Emails Are Constantly Destroying Your Productivity with Cal Newport

Click here to check the full show notes: https://www.biggerpockets.com/show499

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498: Real Deal: BRRRR Deep Dive w/ Joe Asamoah (Pt 1) Aug 26, 2021

Show notes

When most people think about section 8 housing, they think of run-down homes, troublesome tenants, and negligent landlords. This stereotype may prove true in some markets, but for Dr. Joe Asamoah, this is far from reality.

Joe has built his real estate portfolio by renovating homes to an incredibly high standard, situated in some of the best neighborhoods in the DC market, and all while under section 8 housing. Joe figured out early on that section 8 housing authorities gave much more rent money for houses with 5 bedrooms and up, so he started renovating to match the rent section 8 could provide him. This not only allows him to take home a sizable profit, but score tenants who will respect his homes as their own, and stay there for 15 to 20 years minimum. This is no joke, Joe has tenants who have been with him for two decades!

You’ll see a deep dive of Joe’s latest property in today’s episode, complete with pictures, videos, and other helpful visuals. If you’re only listening to this podcast, we’d highly recommend checking out the video version over on the BiggerPockets Youtube channel!

In This Episode We Cover:

What the “Big City BRRRR” strategy entails

How to control tenant turnover so you have ZERO vacancy

Using section 8 to take in higher rents

How to create a top tier product that attracts top tier tenants

Becoming the best landlord a tenant could ask for

Adding bedrooms, bathrooms, and getting permits for everything in between

And So Much More!

Links from the Show

BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah

Rookie Podcast 03: Coronavirus Crash? Do's and Don'ts from Recession Veterans Joe Asamoah and Steve Rozenberg

BiggerPockets Youtube: Big City BRRRR Strategy & Recession Proof Cash Flow Real Estate with Joseph Asamoah!

Check the full show notes here: https://www.biggerpockets.com/show498

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497: Bigger Deals, Better Profits: 10 Steps to Your First Large Multifamily w/ Brian Murray and Brandon Turner Aug 22, 2021

Show notes

We’re back for part two with The Multifamily Millionaire authors Brandon Turner and Brian Murray. This time, Brian is on the mic to give you the ten steps to purchase your first large multifamily property. You may be thinking that these ten steps sound too easy for such a large deal, but that is part of the advice that Brian gives.

Brian wants smaller multifamily owners or even single-family owners to know that buying a large multifamily property is just more volume, not a completely different skill set. If you own one or multiple units right now, you may have more skills than most to take down a 100-unit apartment building or a big mobile home park. The only thing standing in your way is the mindset.

This episode just scratches the surface of what’s possible in large multifamily real estate investing, the rest can be found in The Multifamily Millionaire Volume II. As a reminder, if you purchase before the end of August 2021, you’ll get a four-week multifamily masterclass, taught by Brandon Turner.

In This Episode We Cover:

Why chasing larger deals leads to larger profits

Understanding the skills needed to become a successful multifamily investor

Shrinking your criteria down to a micro-level, not just a macro overview

Starting (or investing in) syndications so you can get into bigger multifamily deals

Capital stacks, debt, and other types of financing when buying large properties

Why underwriting is more than just putting numbers into a spreadsheet

And So Much More!

Links from the Show

BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray

BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray

Discover the Multifamily Book bonuses

Click here to check the full show notes: https://www.biggerpockets.com/show497

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496: Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner Aug 19, 2021

Show notes

For the most part, Brandon Turner was able to achieve financial independence through small multifamily investing. This is why investing in duplexes, triplexes, quadplexes, and even 24-unit apartment buildings can be a fantastic learning experience and money maker for new landlords. But how do you get started if you’ve never bought a property before?

Brandon and his co-author of The Multifamily Millionaire, Brian Murray, walk through the seven steps to go from real estate onlooker to small multifamily master. We talk about everything from defining your criteria, financing, management, lead generation, and more. If you’re looking to build a portfolio of small multifamily properties that will allow you to break out of the rat race and do more of what you love (which may be large multifamily), make sure you not only listen to this whole episode but get Brandon and Brian’s new book!

This is a two-part episode series. In part one we talk about small multifamily and in part two we talk about large multifamily, both episodes have crucial information for anyone trying to get into the multifamily space!

In This Episode We Cover:

The difference between small multifamily properties and large multifamily properties

Financial independence vs. generational wealth and understanding which goal you have

Why you don’t necessarily need to start small in multifamily

Defining your crystal clear criteria and knowing what you want

On-market leads vs. off-market leads and the pros/cons of both

Financing small multifamily properties and house hacking

The “multifamily warp” that takes you from newbie investor to multi-millionaire

And So Much More!

Links from the Show

Mike Williams's LinkedIn Profile

Realtor.com

LoopNet

Zillow

Jason Drees's Coaching

Ryan Murdock's Instagram

Micah Cabagbag's Instagram

BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray

BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray

Check the full show notes here: https://www.biggerpockets.com/show496

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495: The Science Behind Taking Risks (and Why They Definitely Pay Off) Aug 15, 2021

Show notes

It often seems like the most successful people are the ones who take the most risks. There’s no surprise that at one point, billionaire entrepreneurs were given the choice to either stay where they stood or leap for something greater. This is something that today’s guest, Sukhinder Singh Cassidy, understands. She’s helped lead some of the biggest companies around like J Crew, Stitch Fix, TripAdvisor, and Urban Outfitters (just to name a few).

The one thing that Sukhinder has found throughout her years in Silicon Valley and through writing her new book, Choose Possibility, is that groundbreaking leaders don’t just take one big risk, they take several small ones. This works for real estate investors too. If you’ve just gotten into real estate investing education, the first step for you isn’t to go out and buy a house, it’s to join a meetup, contact an agent, or even join the BiggerPockets forums. These are what Sukhinder calls the “minimum viable choice”. Don’t worry about doing everything, just do something!

Sukhinder gives some great advice on leadership for those in executive business roles, plus how to find talent in this increasingly competitive market. If you’re just starting in your career, take Sukhinder’s advice and do great work for great people, the rest will fall into place.

In This Episode We Cover:

How Sukhinder’s love of entrepreneurship began

“Coconut events” vs. “subway events” (and how you can plan for both)

Embracing uncertainty and calculating your risks

Starting in Silicon Valley and building a strong reputation

Choosing to make the “minimum viable choice” whenever possible

How to know whether you’re managing others or having others manage you

What leaders and business owners can do to attract the best talent

And So Much More!

Links from the Show

Brandon and David’s Books

OpenDoor Capital

BiggerPockets Podcast 447: Create Your Dream Life in 3-5 Years Using Vivid Visions

BiggerPockets Podcast 407: Buying 100+ Houses/Year in 4 Hours/Week Using Teams, Traction, and (Get this…) TikTok

Choose Possibility Website

Click here to check the full show notes: https://www.biggerpockets.com/show495

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494: The Five F-Words Every Real Estate Investor Needs to Master Aug 12, 2021

Show notes

There’s a new three-peat on the BiggerPockets Real Estate Podcast, and no, it’s not Michael Jordan. Danny Johnson, the founder of Forefront CRM, is back with us on today’s episode to talk about the five F-words of real estate investing. Before you jump to conclusions, this is a family-friendly show, the F-words we’re talking about are fear, fundamentals, focus, funnel, and follow up.

Many investors find too few deals, too few motivated sellers, or too few ways to find financing. This is all being said while other investors are closing deals, finding motivated sellers, and getting the financing they need to pursue even more deals. What separates the two from each other? Often, it comes down to the simplest things.

Are you trying to be too creative or are you mastering the fundamentals? Do you know your metrics down to a tee so you can improve upon them? How is your funnel being filled and where are your leads coming through? If leads come through, are you following up or letting them fade away? And lastly, are you pushing past your fear to do any of the above things?

If you feel like you’re stuck, without much of a handle on your real estate business, feel free to try Danny's Forefront CRM!

In This Episode We Cover:

How to create time freedom in a business largely depends on your efforts

Tracking how your team performs their work and continuously improving

Pushing past fear and not allowing laziness to stop your dreams

Understanding the fundamentals and performing them as well as possible

Tracking and reviewing metrics consistently

Knowing the costs to fill your funnel and seeing every phone call as a potential deal

Following up with customers (without being too salesy or pushy)

And SO much more!

Links from the Show