Business

BiggerPockets Real Estate Podcast

Want financial freedom? Dave Meyer and Henry Washington teach proven real estate strategies and share candid conversations with everyday investors building wealth in today’s market.

Copyright: © Copyright © 2019 BiggerPockets Inc. 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:

302: Making $100k/Deal Using Other People's Money, Time & Experience with Cory Nemoto Nov 01, 2018

Show notes

Ever had an interest in house flipping but felt you needed help getting started? Today’s show covers that exact topic!

Cory Nemoto is an extremely humble but successful house flipper in Hawaii who is CRUSHING the game. On today’s show, Cory shares his personal strategies for keeping his pipeline full of great deals, what techniques he uses to make a minimum of $100k on each deal, how he partners with new investors to make everyone money, and his brilliant tips for building relationships with those most likely to build his business. You do not want to miss Cory’s unique strategy for using “debt-quity” to get deals brought to him before anyone else!

Cory has been so successful flipping houses in Hawaii that he’s moved his system to Seattle, where he’s crushing it there too—all using very simple methods built on relationships and creating win-win scenarios. If you’re looking for a can’t-miss way to build a profitable house flipping business, listen to this one!

In This Episode We Cover:

The two reasons you should NOT get into real estate investing
Figuring out your big “why”
Cory’s unique strategy for getting started
What exactly “debt-quity” is
How he makes a MINIMUM of $100k on each flip
The networking strategy Cory uses to keep his pipeline full
Where he finds hungry, ambitious, and like-minded people to partner with and his brilliant strategy to connect with them
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
The Book on Flipping Houses by J. Scott
The Go-Giver by Bob Burg & John David Mann

Fire Round Questions

Tweetable Topics:

“Even if the profit is small, it doesn’t mean it’s not a good deal.” (Tweet This!)
“Every deal is different.” (Tweet This!)
“If you’re in it for the money and the image, then you’re not going to make it.” (Tweet This!)

Connect with Cory

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

301: The Incredible Power of Long-Distance BRRRR Investing with Alex Felice Oct 25, 2018

Show notes

Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the BRRRR strategy to buy fixer-upper properties in other states, then refinances to use the money to buy more deals!

Alex Felice shares his valuable insights on his criteria for analyzing deals, how he builds his out of state team, and why he’ll never look at a property in person! You won’t want to miss Alex’s strategies for overcoming the fear of investing long distance, as well as his plan for living broke on purpose and how he combines long-distance investing with the BRRRR method to build a portfolio that scales! Alex is a high-energy individual who is passionate about taking action and building the future he wants. Don’t miss your chance to learn from what he’s accomplished, and start making progress building your own portfolio now!

In This Episode We Cover:

Alexander’s back story and how he got into real estate
Why live-in flip?
His strategy of being broke on purpose
How he learned about the BRRRR strategy
Why he thinks being close to your property is a crutch
The importance of “skills that scale”: networking and education
How to complete a BRRRR in 8 weeks
What delayed financing is
How to know what a good deal looks like
What “unicorn paralysis” is and how to avoid it
His strategy in his own market
How to think like an underwriter
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
Principles: Life and Work by Ray Dalio
Sapiens: A Brief History of Humankind by Yuval Noah Harari
Thinking, Fast and Slow by Daniel Khaneman
Science in the Soul by Richard Dawkins
The Demon Haunted World by Carl Sagan
Factfulness by Hans Rosling

Fire Round Questions

Tweetable Topics:

“Live life broke and save a bunch of money.” (Tweet This!)
“Being close to your property is a hindrance.” (Tweet This!)
“The only point of the first deal is to get the second deal.” (Tweet This!)
“As fast as you can, as slow as you need to, but don’t set your goals too small.” (Tweet This!)
“You want to convince people that are better than you to deal with you.” (Tweet This!)

Connect with Alexander

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

300: How to Invest in Real Estate—The Ultimate Show for Getting Started with Josh Dorkin, Brandon Turner, and 11 Rockstar Investors Oct 18, 2018

Show notes

What is the best way to get started investing in real estate? The problem with this question is that there are SO many different pieces of advice. That’s why we’re excited to bring you one of the most unique episodes of the BiggerPockets Podcast we’ve ever had. In this episode, Josh Dorkin is back—and he and Brandon deliver a series of interviews with some of the past guests from the BiggerPockets Podcast, including David Greene, Kenyon Meadows, Andrew Cushman, Arianne Lemire, Darren Sager, Ryan Murdock, Tim Shiner, Anson Young, Zeona McIntyre, and Ben Leybovich.

In This Episode We Cover:

Why live and rent with Tim Shiner
Darren Sager on what real estate investing strategy to focus on
How to know if you’re ready with Ben Leybovich
How Zeona McIntyre converts any kind of property into rentals
Anson Young’s thoughts on when to tackle projects with grit and when to quit
Why Kenyon Meadows thinks you should find an in-person mentor
David Greene’s “one thing”
How Arianne Lemire analyzes a deal each day
Why Andrew Cushman focuses on process rather than outcome
Ryan Murdock’s concept of cash reserves
How to live-in flip with Mindy Jensen
And SO much more!

Links from the Show

Books Mentioned in this Show

How to Invest in Real Estate by Josh Dorkin and Brandon Turner
Investing in Real Estate with No or Low Money Down by Brandon Turner
Set for Life by Scott Trench
Ultimate Beginner’s Guide to Real Estate Investing by BiggerPockets
Rich Dad Poor Dad by Robert T. Kiyosaki
Long-Distance Real Estate Investing by David Greene
Emerging Real Estate Markets by David Lindahl
My Wife Hates Loves Rent Houses by Tim and Crystal Shiner
Entrepreneurial Reflections by Jay Rodgers
Hamburger America by George Motz
Never Split the Difference by Chris Voss
Exactly What to Say by Phil M. Jones
How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson
Way of the Peaceful Warrior by Dan Millman
Finding and Funding Great Deals by Anson Young
Grit: The Power of Passion and Perseverance by Angela Duckworth
High Performance Habits by Brendon Burchard
Alternative Financial Medicine by Kenyon Meadows M.D.
Building Wealth One House at a Time by John Schaub
The ONE Thing by Gary Keller
Thinking in Bets by Annie Duke
Living with a SEAL by Jesse Itzler
Extreme Ownership by Jocko Willink
So Good They Can’t Ignore You by Cal Newport
Miracle Morning by Hal Elrod
The 4-hour Workweek by Timothy Ferriss
Richest Man in Babylon by George S. Clason
How to Sell Your Home by Mindy Jensen

Tweetable Topics:

“I really don’t care that much if I’m negative or positive. My bigger thing is appreciation.” —Tim Shiner (Tweet This!)
“You can’t do something until you are ready to do it.” —Ben Leybovich (Tweet This!)
“Everything that we do has a process.” —Brandon Turner (Tweet This!)
“You can go for an online course or YouTube videos, but you cannot replace that in-person mentor.” —Kenyon Meadows (Tweet This!)
“Stop thinking that what you need is someone to hold your hand and walk you through this.” —David Greene (Tweet This!)
“Daily, consistent action will lead to great results.” —Arianne Lemire (Tweet This!)
“Focus on the process and not the outcome.” —Andrew Cushman (Tweet This!)
“Failure is not a failure if you learn from it.” —Andrew Cushman (Tweet This!)

Connect with the Guests (through BiggerPockets)

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

No Money Investing – Four Techniques with Brandon Turner and David Greene Oct 11, 2018

Show notes

Would you like to invest in real estate but lack the capital? In this powerful episode of The BiggerPockets Podcast, Brandon and David dive deep into the topic to cover four unique strategies for building a real estate empire using other people’s...

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

299: HGTV Star Ken Corsini on Flipping, Rehabbing, & Building Homes Like a Pro! Oct 04, 2018

Show notes

Ever wonder about the REAL story behind the house flipping tv shows? On today’s show, we interview Ken Corsini, star of HGTV’s Flip or Flop Atlanta! Ken pulls back the curtain and shares fantastic insight and knowledge into several areas of real estate investing, from house flipping to new construction to owning a real estate brokerage!

In this episode, we cover Ken’s methods for finding deals in hot markets, how to recognize general contractor “price creep” (and what to do about it), and how to craft multiple exit strategies that will serve you in any market. Ken also shares some fantastic insight regarding his technique for staying flexible to protect himself from market downturns that you do NOT want to miss (if you value keeping money over losing it)!

In This Episode We Cover:

Why Ken kicks himself for selling houses he flipped
How he adapted to a changing market when hedge funds took over
How he started a construction business to keep up with the growing demand for big rehabs
How he recognizes what the best strategy is for each market
What “price creep” is—and what to do when you find it
Why adaptability is your best ability
And SO much more!

Links from the Show

Books Mentioned in this Show

Good to Great by Jim Collins

Fire Round Questions

Tweetable Topics:

“I don’t think you can stay relevant if you don’t watch the signs and learn to adapt your business.” (Tweet This!)

Connect with Ken

Ken’s Company Website
Fix or Flop Atlanta (HGTV)

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

298: Thriving in Multifamily Investing (Even in a Hot Market) with Michael Becker Sep 27, 2018

Show notes

Interested in building giant wealth through multifamily real estate investing? Well, on today’s show, we interview someone who already has. Michael Becker is an experienced multifamily investor who’s mastered the genre and simplified the process for being successful! Michael shares what every new investor needs to know about avoiding the biggest mistakes in multifamily, how to invest no matter the market or how hot it is, four problems to watch out for that led to the last recession, and a lot more! You DO NOT want to miss the deep dive where Michael shares how he and his partners made $10M in profit using a combination of BRRRR, syndication techniques, private money, and prudent decision-making. If you’ve ever thought about moving into multifamily investing at some point, don’t miss this show!

In This Episode We Cover:

How Michael got into real estate
The value of partnerships and networking
Tips for buying 16 multifamily units
What a cap rate is
His thoughts on a crash and timing the market
How he raises money for a deal
Relationship-building and how it helps in any business
Advice for using webinars to pitch
Tips for raising capital
Why you want to keep presentations simple
Unique advantages of Fannie Mae and Freddie Mac loans
Single family rentals vs. multifamily
And SO much more!

Links from the Show

Books Mentioned in this Show

The Millionaire Real Estate Agent by Gary Keller
The ABCs of Real Estate Investing by Ken McElroy
The Advanced Guide to Real Estate Investing by Ken McElroy
Am I Being Too Subtle by Sam Zell

Fire Round Questions

Tweetable Topics:

“It’s much better to be the borrower than the lender when it comes to investing.” (Tweet This!)
“All you really have to do is to close a deal or two.” (Tweet This!)
“The world is full of capital.” (Tweet This!)
“You don’t need to have everything. You just need to have access to it.” (Tweet This!)

Connect with Michael

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

297: Mastering the Decision-Making Process with Business (and World Series of Poker) Champion Annie Duke Sep 20, 2018

Show notes

In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.

In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition. Annie’s theories on “thinking in bets” are designed to help others navigate a world where we can’t be certain of an outcome, but still come out on top over time.

This is an absolute can’t-miss episode for those looking for strategies to overcome apprehension, fear, or uncertainty. Be sure to listen to this incredibly brilliant and powerful interview—and get the tools to take your next steps today!

In This Episode We Cover:

Annie’s backstory and how she got into professional poker
Her concept of risk management
Thoughts on luck and circumstances we have no control over
Elements of luck versus elements of skill
Pete Carroll’s endgame decision
The concept of “resulting”
What constitutes a consensus choice
Winning and losing—and caring about your decision-making process
The difference between real estate investing and poker
The importance of confidence and certainty
Why one shouldn’t be afraid of losing and being blamed
A champion versus a victim
And SO much more!

Links from the Show

Books Mentioned in this Show

Thinking in Bets by Annie Duke
The Miracle Morning by Hal Elrod
The Geometry of Wealth by Brian Portnoy
Decide to Play Great Poker by Annie Duke
Superforecasting by Dan Gardner and Philip E. Tetlock
Extreme Ownership by Jocko Willink
Radical Candor by Kim Scott
Thinking, Fast and Slow by Daniel Kahneman
The Signal and the Noise by Nate Silver
Set for Life by Scott Trench

Tweetable Topics:

“Every decision, even small executional decisions all the way to the larger goals, carries risks.” (Tweet This!)
“There are no small decisions.” (Tweet This!)
“The most important person we need to worry about pointing fingers at is ourselves.” (Tweet This!)

Connect with Annie

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

296: From Farm Boy Beginnings to $15M in Real Estate Holdings with Rock Thomas Sep 13, 2018

Show notes

What does it take to truly find financial independence? Money? Deals? Mentors? Or could it be something else entirely… something intangible? In this episode of the BiggerPockets Podcast, we sit down with Rock Thomas, a real estate investor and agent who shows others the simple mindset shifts needed to achieve financial freedom. In other words, it’s time to work on YOUR “money blueprint.” Through Rock’s story, you’ll learn the most important skills any individual needs to achieve in any field, the best way to find and attract mentors who can teach you the path, how to change your “operating system” to one that is far more successful, and so much more. With powerful stories, humor, and insight, Rock’s story is one you won’t want to miss!

In This Episode We Cover:

Rock’s backstory as a worker on a farm
What mentors look for into someone
How he used pain to propel himself forward
Saying yes to opportunities, no matter how difficult
The importance of having what it takes
Why you should seek out people with energy
Being the guy who solves any problem
The 4 money personality types
The type of properties he invests in
And SO much more!

Links from the Show

Books Mentioned in this Show

Nothing Down for the 2000s by Robert G. Allen
Rich Dad, Poor Dad by Robert Kiyosaki
The ONE Thing by Gary Keller and Jay Papasan
Rich Dad’s Cashflow Quadrant by Robert Kiyosaki
Why the Rich Are Getting Richer by Robert Kiyosaki
E- Myth Revisited by Michael Gerber
Rocket Fuel by Gino Wickman & Mark Winters

Fire Round Questions

Tweetable Topics:

“Mentors, you want to admire them and you want to be them.” (Tweet This!)
“When you step in the room and you feel you’re not the smartest guy, you’re in the right room.” (Tweet This!)
“Get comfortable with being uncomfortable.” (Tweet This!)
“You can get anything you want in life as long as you are committed and creative.” (Tweet This!)
“Find what pisses people off and solve it for them.” (Tweet This!)

Connect with Rock

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

295: Using the Web to Land 8-12 Deals a Month with Melissa Johnson Sep 06, 2018

Show notes

Are you interested in learning how to flip 8-12 houses a month at $30k a pop? Well, this episode may be just what you’ve been looking for! On today’s show, we interview Melissa Johnson—house flipper extraordinaire and owner of the company Lead Propeller, a service that provides websites to help motivated sellers find real estate investors. Melissa provides some incredible information regarding how they find motivated sellers, how they negotiate deals, how they sync up with the best contractors! You won’t want to miss the three things your website NEEDS to generate seller leads, as well as the exact process to estimate rehab costs! Melissa and her husband Danny run the podcast Flip Junkie, and in this episode, they pull back the curtain to reveal the secrets to their business. Don’t miss out on your chance to learn from a seasoned pro!

In This Episode We Cover:

Melissa’s story of getting into real estate
How everything went wrong on her first deal
Why she doesn’t recommend a “burnout”
Their amazing average flip volume and profit (hint: 8-12 deals a month!)
Her top three lead sources
How she uses SEO to her advantage
Advice on putting up a website
A discussion on flipping vs. wholesaling
How to find the right contractor
Tips for figuring out rehab costs
Things to do when you go over budget
And SO much more!

Links from the Show

Books Mentioned in this Show

The Miracle Morning by Hal Elrod
Flipping Houses Exposed by Danny Johnson
The Five Temptations of a CEO by Patrick Lencioni
The Advantage by Patrick Lencioni
Grit by Angela Duckworth

Fire Round Questions

Tweetable Topics:

“We are selling them solutions to their problems.” (Tweet This!)
“Sellers feel more comfortable with people who seem real.” (Tweet This!)
“We need to be the ones in control of the situation, not the contractor.” (Tweet This!)

Connect with Melissa

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

294: Meet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCue Aug 30, 2018

Show notes

Are you happy with the current state of your real estate business? If you’re like most people, the answer is no. On today’s show, we interview property management superstar Jesse McCue and dig deep into how he’s became Maine’s top property manager as well as a successful RE investor along the way. Jesse shares how he formed a partnership with a successful business to become an owner of the company, as well as how he bought a 67-unit hotel off of a tip from his electrician for half of its appraised value! You’ll be amazed as he describes a strategy that is “better than BRRRR”—and most importantly, the number one question you need to ask a property manager to find out if they are the right choice for you. If you want to learn how to put fundamental business skills to work in your investment business, this is a show you do not want to miss!

In This Episode We Cover:

How Jesse was bitten by the real estate investing bug
How he turned around a property in 6 months that required 8 years of budgeted rehab money
The tactics he uses to hire people to help him scale his business
How he made himself invaluable to a rising star and formed the perfect partnership
The questions you need to ask a property manager to determine if they are a rockstar or a dud
Tips on buying a motel
The “better than BRRRR” strategy
And SO much more!

Links from the Show

Books Mentioned in this Show

4-Hour Work Week by Timothy Ferriss
The Book on Managing Rental Properties by Brandon Turner & Heather Turner
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Fire Round Questions

Tweetable Topics:

“When you know the people, you know what’s going on.” (Tweet This!)
“If you are unhappy, your systems are broken.” (Tweet This!)
“Do the things that make you feel light and not the things that make you feel heavy.” (Tweet This!)

Connect with Jesse

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