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:

40: 40 Quick Tips for Buying Your First (or Next) Investment Property Oct 17, 2013

Show notes

Today’s episode of the BiggerPockets Podcast is a little different than normal – in a great way. To celebrate the 40th episode of the Podcast, Brandon and Josh spend an hour sharing their top forty tips for buying your first – or next – investment property. These tips range from marketing to working with agents to investing with a full time job and a whole lot more. Whether you are brand new or are an experienced investor, a flipper, wholesaler, or buy and hold investor – these tips are going to help you build your business and close more deals, faster.

Read the transcript for episode 40 with Josh & Brandon here.

In This Show, We Cover:

Working with investor friendly agents
Finding and lining up financing
The 50%, 70%, 1%, and 2% rules
Tips for inspecting property
Finding deals that are “off market”
Direct mail tips and tricks
Negotiation Tips
Hiring property management
Investing in real estate with a full time job
and a whole lot more!

Special Thanks to This Week’s Sponsor

We just want to give a special shout-out to our very first sponsor ever here on the BiggerPockets Podcast – MemphisInvest.com. The team at MemphisInvest continues to provide incredible value to our community, so definitely take a minute to check them out if you are interested in turnkey rental property.

Visit them at Blog.MemphisInvest.com/BP

Links Mentioned in the Show:

Books Mentioned in the Show

No Time To Think: The Menace of Media Speed and the 24-hour News Cycle by Howard Rosenberg and Charles S. Feldman
The Four Hour Workweek by Tim Ferriss
The E-Myth Revisited by Michael Gerber

Tweetable Topics

When dealing with home sellers, look for motivation and equity. (Tweet This!)
When analyzing property, don’t let emotion cloud your judgement. (Tweet This!)
You can build your reputation by being ‘that guy’ who brings everyone together. (Tweet This!)
Find investment niches and strategies that fit your lifestyle. (Tweet This!)
Create systems for your business so you are not the bottleneck in your business. (Tweet This!)

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39: Dirt Cheap Land Flipping and Reaching Motivated Sellers with Seth Williams Oct 10, 2013

Show notes

Today on the BiggerPockets Podcast, we sit down with Seth Williams, a real estate investor from Michigan, who shares with us his story of finding and flipping vacant land. Although land is often view negatively with investors, the strategies Seth uses will definitely increase your awareness (and desire) for investing in vacant land. In addition, Seth shares his secrets for marketing and speaking with motivated sellers, as well as offering some great tips on generating leads online. This show is packed with ideas and strategies you’ve probably never heard of – so definitely don’t miss a moment of this interview.

Read the transcript for episode 39 with Seth Williams here.

In This Show, We Cover

How to “Flip” land for dirt cheap
Why people sell land for pennies on the dollar
Selling properties via Craigslist
Buying 3 lots for $150
Marketing through direct mail
How to buy lists directly from the county
Two places to buy your leads
The postcards that give Seth the best leads
Dealing with angry phone calls… in a humorous way
Building a lead generating website

Links From the Show

Books Mentioned in the Show

Rich Dad Poor Dad by Robert Kiyosaki
The ABCs of Real Estate Investing by Ken McElroy
Necessary Endings by Henry Cloud

Tweetable Topics

When people laugh at my offer it tell me I’m doing something right. (Tweet This!)
There’s tons of opportunity in land investing – especially for those without a lot of money. (Tweet This!)

Connect with Seth

Seth’s BiggerPockets’ Profile
Seth’s Blog Retipster.com

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38: Unique Strategies for Buying Real Estate with Travis Daggett Oct 03, 2013

Show notes

On today’s episode of the BiggerPockets Podcast, we want to dive into some really great buying strategies for picking up properties for the best deals. Our guest today, Travis Daggett, leads us into some really interesting and high level techniques that any investor, new or seasoned, can immediately apply to their own business. From buying HUD properties to bidding at the Courthouse steps – this show is chalked full of actionable advice. Although Travis is primarily a wholesaler, his story and knowledge on buying great deals can help any house flipper, buy and hold investor, wholesaler, or any other real estate investor. Definitely don’t miss this show.

Read the transcript for episode 38 with Travis Daggett here.

In This Show, We Cover

The “failed” early experiences that helped define Travis’ future investing
How Travis made 5 figures on his first wholesale deal
The benefits (and downsides) of buying a HUD house
How to “shotgun” offers on real estate deals
Strategies for bidding on the “courthouse steps”
Travis’ story of when flipping didn’t work out
Tips for being more productive and getting more done in less time
Creative ways to attract private money

Links from the Show

Books Mentioned in the Show

Four Hour Workweek
FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani
Millionaire Real Estate Investor by Gary Keller

Tweetable Topics

Just like most things the federal government does – they don’t do it well. (Tweet This!)
REI Quick Tip: Find out who the neighbor’s landlord is – and become friends with them. (Tweet This!)
Your first offer shouldn’t be accepted – or it’s too high. (Tweet This!)

Connect with Travis

Travis’ BiggerPockets Profile

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37: Full Time Income, Part Time Lifestyle Real Estate Investing with Aaron Mazzrillo Sep 26, 2013

Show notes

Not all real estate investors need to work 80 hours a week to put food on the table and build their wealth. On today’s episode of the BiggerPockets Podcast we are excited to introduce you to Aaron Mazzrillo, a real estate investor from the Southern California area who makes a great full time living with just 4 to 5 hours of work per day. Aaron’s smart strategies for wholesaling, buy and hold, and flipping are fascinating and will give you an entirely new perspective on building wealth through real estate – while enjoying every moment of it.

Read the transcript for episode 37 with Aaron Mazzrillo here

In This Show, We Cover

How Aaron was able to quit his job through real estate
Investing in expensive areas
Finding properties through wholesalers
Negotiating with sellers and cash buyers
Aaron’s exact direct mail strategy
Why wholesaling isn’t the best strategy for starting out
Advanced methods for structuring no-money down deals
How to really determine expenses on a rental
Dealing with tenants without losing your mind
Starting a real estate mastermind group

Links From the Show

The New iOS7 BiggerPockets App
BiggerPockets Pro
BiggerPockets Book on Estimating Rehab Costs
BiggerPockets Book on Flipping Houses
Fiverr.com – Get any task done for $5
Tenant Screening: The Ultimate Guide
VFlyer.com
Books Mentioned in the Show
Think and Grow Rich by Napoleon Hill
Getting Everything You Can Out of All You’ve Got by Jay Abraham

Tweetable Topics

Surround yourself with the kind of people you want to become (Tweet This!)
When negotiating, focus on explaining the outcome for the seller (Tweet This!)
If you can’t afford to keep it vacant – you can’t afford to keep it (Tweet This!)
I don’t consider myself a real estate investor…I consider myself a marketer who invests in real estate. (Tweet This!)

Connect with Aaron

Aaron’s BiggerPockets Profile

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36: How to Be an Awesome and Profitable Landlord with Kevin Perk Sep 19, 2013

Show notes

On today’s episode of the BiggerPockets Podcast, we look at the topic of landlording and get some great advice from long-time landlord Kevin Perk. Kevin is a very successful investor from the Memphis area and has a real good grasp on finding and dealing with tenants as well as some unique methods of financing his properties, getting rid of bad tenants, and building wealth. There is a lot of really great tips and advice for anyone looking to grow their buy and hold real estate business.

Read the transcript to episode 36 with Kevin Perk here.

In This Show, We Cover:

How Kevin finances dozens of properties with creative financing
Private lending and methods to use commercial financing to invest
Making offers that get accepted
The three things that turn a landlord into a slumlord – and how to avoid them
Online technology to help attract and manage tenants
Signs of future bad tenants
How to fill vacancies during the holiday season
The best and worst parts of being a landlord
Real estate clubs: determining the good, the bad, and the ugly

Links Mentioned in the Show:

Books Mentioned in the Show:

Rich Dad Poor Dad by Robert Kiyosaki
Cash Flow Quadrant by Robert Kiyosaki
The E-Myth Revisited by Michael Gerber
The Book on Flipping Houses by J Scott
The Book on Estimating Rehab Costs by J Scott

Tweetable Topics:

Don’t drop your standards just to quickly fill a vacancy. (Tweet This!)
When investing in real estate, have some cash reserves. (Tweet This!)
If you bet on appreciation – you are going to lose. Real estate doesn’t always go up. (Tweet This!)

Connect with Kevin:

Kevin’s BiggerPockets Profile
Kevin’s Blog: SmarterLandlording.com

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35: Quitting Your Job, Lifestyle Design, and Being a Traveling Landlord with Paula Pant Sep 12, 2013

Show notes

On today’s Podcast, we sit down with blogger, investor, BiggerPockets contributor, and perhaps “the most interesting woman in the world”- Paula Pant. Paula has a unique perspective on personal finance that is helping her build a strong buy-and-hold portfolio while maintaining freedom and mobility that most only dream of. This interview is sure to fascinate, entertain, and give some great real estate investing advice that you can use in your own life.

Read the transcript to episode 35 with Paula Pant here.

In This Show, We Cover

How traveling the world for two years led Paula to real estate
Tips for managing tenants while on vacation
How to avoid “creative accounting“
Paying yourself when managing your own properties
Paula’s definition of “financial freedom“
Why pinching pennies might actually hurt you
What “Lifestyle Design” is – and how to do it
How to quit your job and start living a life you want
Tips for saving for that first rental
Benefits of blogging about your investing

Links From the Show

Paula’s interview on NPR
Paula’s article: You Know What Really Sucks? Cubicles
How I Accidentally Bought Two of Kurt Cobain’s Former Homes and Why That’s Not Even The Best Part. (Brandon’s 1st Small Multifamily Property Story)
How to Buy a Small MultiFamily Property: A Step by Step Case Study
The Ultimate Guide to Tenant Screening
Travel Hacking

Books from the Site:

The Four Hour Workweek by Timothy Ferriss
Rich Dad Poor Dad by Robert Kiyosaki
From 0 to 130 Properties in 3.5 Years by Steve McKight

Tweetable Topics

Theres a difference between active income and passive income. Know that difference. (Tweet This!)
If I can make, in passive income, as much as the average us household earns – that’s financial freedom. (Tweet This!)
Life is too precious to spend it doing something you hate. (Tweet This!)
Blogging helps you clarify what you should be doing as a real estate investor. (Tweet This!)

Connect with Paula

Paula’s Blog: AffordAnything.com
Paula’s BiggerPockets Profile

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34: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson Young Sep 05, 2013

Show notes

Many investors find themselves trapped by a heated market – but today’s guest shows that it is fully possible to invest in real estate – even in a hot real estate market.

Anson Young, who lives in the Denver area, joins us today to chat about finding great deals locally and virtually, as well as tips for working with agents, dealing with assignments, and a whole lot more. Anson is a fun guy who has a ton of awesome tips to share with everyone, so don’t miss today’s show!

Read the transcript to episode 34 with Anson Young here.

In This Show, We Cover

The “crap jobs” that led to Anson’s real estate investing career
How Anson partnered on his first deal without doing any labor
Finding great deals on the MLS
How Anson finds the best neighborhoods to invest in
How to wholesale virtually
What to do if you don’t have direct MLS access
Using the “Short Sale Time Machine” to build equity
How to get around the “non assignment” clause when wholesaling bank repos
Mistakes made by Anson when getting started
And much more…

Links from the Show

Books Mentioned in the Show:

Rich Dad Poor Dad by Robert Kiyosaki
Millionaire Real Estate Investor by Gary Keller
The Four Hour Workweek by Timothy Ferriss
Crush It by Gary Vaynerchuk

Tweetable Topics

Working crappy jobs can be a good way to get started with real estate investing (Tweet This!)
Plan with the end in mind. (Tweet This!)
You are either consistent or non-existent. (Tweet This!)

Connect with Anson

Anson’s BiggerPockets Profile

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33: How to Close 27 Deals in Your First Year While Working Full Time with Sam Craven Aug 29, 2013

Show notes

On today’s episode of the BiggerPockets Podcast, we sit down with a relatively new investor who is absolutely crushing it as a flipper and wholesaler – Sam Craven. Sam has an incredible story of learning to fight through the initial problems that all new investors face and achieving a lot of success while investing during his weekends and evenings. Sam has a ton of great tips on marketing, making a plan, running an investment business, and a lot more. Don’t miss this show!

Read the transcript to episode 33 with Sam Craven here.

In This Show, We Cover

Working with family without killing each other
Closing 27 deals during the first year in business
Getting leads with direct mail
Investing while holding a full time job
Partnering with other investors when first beginning
How to lower your direct mail response rate … and why you want to
Tips on online advertising
Making a plan for future growth
How to stand out from the “bad wholesaler” crowd
How to build a sophisticated buyer’s list
How to handle major problems when they come up

Links from the Show

Books Mentioned in the Show

The Millionaire Real Estate Investor by Gary Keller
The E-myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber

Tweetable Topics

“To grow as a real estate investor, get involved in the conversations about real estate.” (Tweet This!)
“Transparency is key when attracting clients, partners, and investors.” (Tweet This!)
“Good deals are found through relationships.” (Tweet This!)

Connect with Sam

Sam’s BiggerPockets Profile
Sam’s Website – Senna Homes

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32: Luxury House Flipping, Finding Deals, and Discovering Your Niche with Will Barnard Aug 22, 2013

Show notes

Many house flippers focus on small, cheap properties – but on today’s show we look at the other end of the flipping world: luxury house flipping. Our guest today, Will Barnard, is currently flipping multimillion dollar homes in the Southern California market, but the lessons and tips he shares can help any investor in any stage of the game. Will shares his story of how he got started with real estate investing and built up his business that has covered buy and hold, land development, flipping, and more. This episode covers a wide variety of topics that are sure to entertain and inform – so sit back and enjoy! We’re really excited to bring you this interview.

Read the transcript to episode 32 with Will Barnard here.

In This Show, We Cover

Working with family when starting out
The infamous occupant from hell…
The transition from low-end flipping to high-end flipping
Where Will believes the market is going
When the 70% rule applies – and when it doesn’t
How to find comparable sales for unique homes
When to use architects and interior designers
The crazy story of the “Seven Figure Spread” flip
Working with Real Estate Agents
And more!

Links from the Show

Forum thread about the recent Gmail changes
Will’s Occupant from Hell Story on the BiggerPockets Forums
The House Flipping Calculator on BiggerPockets
DocuSign Ink App
EchoSign
How to Negotiate: 7 Real Estate Negotiation Tips by J Scott

Books Mentioned in the Show

Trump Style Negotiation by George Ross
Real Estate Finance and Investment Manual by Jack Cummings

Tweetable Topics:

“Simplicity is key. Buy right … that’s where you’ll lock in your profit.” (Tweet This!)
“Real Estate rules are guidelines, not hard and fast. They are not silver bullets.” (Tweet This!)
“Everything you do in real estate- it’s all about the negotiation.” (Tweet This!)
“There are a lot of hurdles in real estate. It is a roller coaster ride.” (Tweet This!)
“Experience is the Best Educator.” (Tweet This!)

Connect with Will

Will’s BiggerPockets Account
Will’s Website: www.BarnardEnterprises.com

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31: Building a Professional Wholesaling Business with Lamar Cannon Aug 15, 2013

Show notes

On today’s show, we want to introduce you to a relatively new investor who is building a really awesome wholesaling business through the use of smart marketing, savvy business skills, and persistence. Lamar Cannon, from the Austin, TX area, shares with us his story of how he got started with wholesaling and uses the sales skills from his previous job to close more deals. No matter what kind of investor you are, Lamar’s story is going to inspire you, motivate you, and help take your own business to a new level.

In This Show, We Cover