BiggerPockets Real Estate Podcast

Ten doors free and clear on a blue-collar salary—today’s guest shares exactly how she did just that!

Brandon and David sit down with Ashley Hamilton, who shares the incredible story of how she went from poverty to success through real estate investing with very little help or guidance.

Ashley shares her remarkable strategies for investing in a market where very few others could, how she used BiggerPockets to develop a system, and how she got the city of Detroit to offer her a deal to buy a property at $500! Ashley also shares how she buys cheap houses at auctions, how she finds banks to finance her rehabs, and how she uses keyword alerts in the BiggerPockets forums to snag deals before anyone else! And be sure to listen for Ashley’s “no milk for her cereal” strategy to overcome and succeed!

If you’re looking for an incredibly inspirational story that highlights how creativity and resiliency can pay off, you want to download this today. 

In This Episode We Cover:

  • How Ashley found a way to invest in a market when very few others could
  • How she got the city of Detroit to call her and offer her a deal to buy for $500
  • Getting to nearly a half a million dollars in equity in a few short years
  • How she got started investing with nothing but BiggerPockets as a guide
  • Finding the best part of the city to invest in
  • Why she fix her rentals up to suburb quality even in low-income neighborhoods
  • Building a portfolio of 10 doors free and clear
  • The way she uses the BiggerPockets forums to help her make money
  • Landlording like a boss
  • Giving back to your tenants
  • And SO much more!

Links from the Show

Direct download: bpp-331.mp3
Category:general -- posted at: 12:00am MDT

Incredible show alert! You don’t want to miss this one: Brandon and David sit down with bestselling author Cal Newport (who wrote So Good They Can’t Ignore You: Why Skills Trump Passion in the Quest for Work You Love, Deep Work: Rules for Focused Success in a Distracted World, and so on) to discuss just what makes high performers different than the rest.

Cal shares incredible insight based on his research as a professor at Georgetown University, including how boredom can serve a very useful purpose, how to improve your focus to master your craft, and how building “career capital” can open doors to the life you’ve always wanted.

Cal also shares life-changing advice on how starting the day in “monk mode” can supercharge your productivity, how to set better expectations with team members, and how to rebuild your digital life in 30 days.

This episode is so good you’ll feel guilty you didn’t have to pay. Download it today!

In This Episode We Cover:

  • Cal's story
  • Improve your focus and remove distractions to increase productivity
  • How to combine “deep work” with “shallow work” to stay mentally energized
  • Building career capital you can then invest to build a better life
  • What successful people do that unsuccessful people don’t
  • How to set better expectations with team members
  • How to start your day in “monk mode” and be insanely productive
  • How to give your hours a job and make time work for you
  • How to use boredom to recharge and motivate you
  • His thoughts on social media and how it can rob you of time
  • Taking the information you’re learning and letting it sink in 
  • Detox and rebuild your digital life in 30 days
  • And SO much more!

Links from the Show

Direct download: bpp-330.mp3
Category:general -- posted at: 12:00am MDT

Financially independent before 30 years old! Today’s guest Felipe Mejia sits down with Brandon and David and shares the incredible story of how he scaled from a $3,000 mobile home to 10 units and financial independence!

Felipe has created a unique system that involves multi-unit properties, short-term rentals, and leveraging others to help run his business. The result? He is currently crushing it!

You don't want to miss the insanely powerful “no-why principle” he’s used relentlessly to succeed whenever he’s told no. Felipe also discusses how he leveraged the job of communicating with his Airbnb guests to buy his time back, and how he took advantage of a construction boom in his hometown to service its workers. He also talks about how he lost 30 pounds after realizing he was in the wrong profession, and how he bought a mobile home for $3,000 and then later got paid $30,000 for it!

This episode is jam packed with fun, exciting content and practical advice for those looking to exit the rat race and achieve financial independence through creative strategies with real estate.

Direct download: bpp-329.mp3
Category:general -- posted at: 12:00am MDT

If you’ve ever had an interest in turning your desire to invest in real estate into a well-oiled business machine, today’s episode is for you!

Chris McChesney, bestselling author of The 4 Disciplines of Execution, shares some mind-blowing strategies recognized worldwide for their ability to help followers achieve more success! Chris shares the difference between lead and lag activities, how to use the power of leverage to move your business forward, and how staying busy isn’t always in your best interest.

He also shares eye-opening insight into the way we use confirmation bias to avoid making progress, how to break major wars into smaller, winnable battles, and the secret of “tendency override.” Chris has developed an amazing system using four key strategies to improve your odds to succeed and has implemented them with companies like Coca-Cola, Comcast, The Ritz-Carlton, and more!

Don’t miss this episode chock full of actionable advice for improving your life, as well as your business!

In This Episode We Cover:

  • The difference between lag and lead activities
  • How to use the power of leverage to move your business forward
  • How staying busy isn’t always in your best interest
  • How to identify your most important goal
  • The secret to losing weight—and how to apply it to real estate
  • What most business owners do wrong
  • How confirmation bias clouds your vision
  • Learning the secret of “tendency override”
  • Breaking major wars down into small battles
  • How to keep your goals small to make sure you achieve them
  • How to avoid giving in to self-victimization
  • How to develop a scorecard to track your progress
  • How to use accountability to stay on track
  • And SO much more!

Links from the Show

Direct download: bpp-328.mp3
Category:general -- posted at: 12:00am MDT

Today, we’re introducing the BiggerPockets Business Podcast, co-hosted by J and Carol Scott.

Subscribe now using the links below; Episode 1 is up now!

SUBSCRIBE ON APPLE PODCASTS (IPHONE): https://podcasts.apple.com/us/podcast/biggerpockets-business-podcast/id1460051721

SUBSCRIBE ON GOOGLE PODCASTS (ANDROID): https://www.google.com/podcasts?feed=aHR0cHM6Ly9icGJ1c2luZXNzLmxpYnN5bi5jb20vcnNz

The BiggerPockets Real Estate Podcast will be back tomorrow, and we’ll be back to regular programming next week.

Future episodes of BiggerPockets Business will drop on Tuesdays -- the day after the BiggerPockets Money Podcast.


Oh, and go follow the BiggerPockets Business Podcast on Twitter @BPBusinessShow and Instagram @BiggerPockets!

Direct download: Special_Announcement.mp3
Category:general -- posted at: 12:00am MDT

In this special half-episode, David reads from Chapter 2 of the brand-new book he’s written on the BRRRR strategy. This particular passage goes to the heart of what makes BRRRR work: buying great deals. So how do you pull that off? In this chapter, David reveals: what he looks for when targeting properties, how to practice analyzing deals so you won’t be afraid to pull the trigger, and how to find team members and align their incentives with yours.

Order “Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple” today at www.BiggerPockets.com/BRRRRbook. Physical copy, eBook, or audio version (read by a professional narrator) are all available. Or you can also get EVERY format if you order the Ultimate Package. That includes the exclusive eBook, “Long-Distance BRRR,” a bonus video on how to interview and hire a great contractor, and access to a live Q&A webinar with David.

In the meantime, enjoy this bonus episode!


It’s here—THE book on BRRRR! And who better to write it than the leading authority on this strategy: our co-host David Greene.

In this episode, he breaks down exactly how to “Buy, Rehab, Rent, Refinance, and Repeat” your way to wealth.

David reveals how BRRRR allows him to force equity, leverage the talents of others, and recycle his capital so he didn’t have to keep working 100-hour weeks as a police officer.

You’ll learn about the velocity of money, the “core four” players every BRRRR investor needs on his or her team, and the way to eliminate fear by taking a cold, hard look at the numbers.

David also explains how this strategy can reduce capital expenditures and how to come to the bargaining table with a cash offer that puts you in the driver’s seat.

He also addresses some common objections, including the notion that it’s difficult to influence the appraised value of your rehabbed property. Plus, you won’t want to miss the "Deal Deep Dive" where David goes into detail about one of his recent real-life BRRRR deals.

Whether you’re brand new to this method of investing or are looking to fine-tune your BRRRR skills, this episode will provide you with a ton of value. Still, we only cover part of what’s in David's book, so check it out on the BiggerPockets Bookstore.

In This Episode We Cover:

  • Who David is
  • Defining and explaining BRRRR
  • Discovering the main benefits to BRRRR
  • How to increase your ROI
  • Understanding what increasing the velocity of your money is
  • Getting good at what you do
  • How to decrease risk by building equity and pulling capital
  • How to scale to financial freedom faster
  • Ways to lower CapEx expenses
  • And SO much more!

Links from the Show

Direct download: bpp-327.mp3
Category:general -- posted at: 12:00am MDT

What does true wealth mean to you? Maybe it’s having control over your time or having the means to donate part of your income to charity. Maybe it means feeling healthy enough to jump out of bed and attack the day.

In today’s episode, Brandon, David, and Josh (remember him?) speak with three financially independent investors about what motivated each of them to work so hard toward their goals.

Early in their careers, David Osborn, Pat Hiban, and Tim Rhode realized they shared a common goal: to steadily accumulate streams of passive—or as they call it—“horizontal” income. So they got together and made a serious commitment, vowing to hold each other accountable every step of the way—even if it meant dishing out some tough love.

In this episode, you’ll learn how finding an accountability partner can change the trajectory of your career and life, and how giving time and money can not only make you feel better but also make you more wealthy. You’ll also learn how David, Pat, and Tim built dozens of streams of income by living below their means, connecting with the right people, and taking advantage of opportunities.

This is a must-listen if you've ever asked the question, “Why am I working so hard, anyway?” You’ll come away from this episode motivated to hold yourself and your loved ones accountable so you can reach your goals together.

Download it today!

In This Episode We Cover:

  • The background of these founders
  • The story behind the three amigos and the founding of GoBundance
  • The Pillars of GoBundance
  • Having a genuine contribution
  • Having authentic relationships
  • Having extreme accountability
  • Having horizontal income
  • Having age-defying health
  • Having bucket list adventures
  • How to reach your financial goal
  • Finding motivation to earn and grow more
  • And SO much more!

Links from the Show

 

Direct download: bpp-326.mp3
Category:general -- posted at: 12:00am MDT

Awesome show alert! Today’s guest is so full of information you will be blown away.

Aaron Amuchastegui sits down with Brandon and David and explains how he buys 20 deals a month while practicing principles of the four-hour workweek. It's an incredible story about how he built a big business with foreclosures, how he keeps his pipeline full (including how he buys deals at auctions), how he does due diligence, and how he tracks down owners of vacant properties.

You won’t want to miss his advice on owning C- or D-level properties, how he uses flip profits to fund a business that acquires rentals, and—most importantly—how you can lose money in real estate even if you’re buying great deals.

This episode is full of more powerful insight than we can begin to mention. Aaron is a big-time real estate investor who has gone from rags to riches, to rags to riches again. Tune in to hear him share everything he learned along the way.

Download today!

In This Episode We Cover:

  • How he got into real estate investing
  • Buying at an auction
  • The different types of auctions
  • How to approach and talk to cash buyers
  • The moral aspect of real estate
  • How to do title research
  • A big surprise after buying a sight-unseen house
  • Bouncing back from losing everything he built
  • Why he thinks flipping is a job
  • And SO much more!

Links from the Show

Direct download: bpp-325.mp3
Category:general -- posted at: 12:00am MDT

Do you want to invest in multifamily apartments but feel intimidated by the process? If so, today’s episode is for you!

Brandon and David interview Michael Blank, an experienced multifamily investor/educator, who breaks down the seemingly daunting process into super simple steps.

Don’t miss Michael’s advice on how to get started in the space, how “the law of the first deal” will increase your odds of success, and how multifamily investing can lead to financial independence in five years. You’ll also love learning common multifamily vocabulary, what an ideal property looks like, and how to develop relationships with potential investors.

Michael also shares incredible insight into how he built his empire, as well as his top two negotiating tactics and “three levers” to successfully negotiate a multifamily deal!

This is one of THE most informative shows we’ve ever done. Download it now!

In This Episode We Cover:

  • How he got started and why he recommends multifamily investing
  • Scaling his business despite running out of of time
  • What is “the law of the first deal” 
  • The multiple ways syndicators make money in a deal
  • Common multifamily terms and what they mean
  • How to improve the value of a multifamily property
  • What an ideal deal looks like
  • Developing pre-existing relationships with potential investors
  • Why cash flow is so important in multifamily
  • His top two negotiating tactics
  • How he bought a 321-unit building, how he BRRRR-ed a multifamily building, and returned 96 percent of their investors’ capital in the process
  • His “three levers” to negotiate in a multi family deal
  • And SO much more!

Links from the Show

Direct download: bpp-324.mp3
Category:general -- posted at: 12:00am MDT

Would getting more deals through your network help your real estate business? Today’s guest specializes in just that!

Brandon and David sit down with Travis Chappell, host of the “Build Your Network” podcast, and dive into how to create success through other people.

Travis shares strategies for using his network to find deals, mastering the art of giving to increase your success, and becoming a leader in any space you are passionate about—no matter who you are! You won’t want to miss his “anchoring” negotiating strategy, his advice on the right way to reach out to mentors/influencers, and his five tips for starting off an effective working relationship!

This is one of the most value-packed shows BiggerPockets has done. Download it now!

In This Episode We Cover:

  • How Travis uses his network to source deals
  • Why he rents his primary residence
  • The power of creating a platform like a podcast or meetup
  • The key to successfully partnering with family
  • Why givers are more successful
  • How his networks really affect his net worth
  • The reason why he's selling his real estate properties
  • The beauty of adding value first to others
  • His five effective tips for reaching out and connecting with anyone
  • His “anchoring” negotiating tactic and how he used it to land a deal
  • Why house hacking is his favorite way to get started in real estate
  • And SO much more!

Links from the Show

Direct download: bpp-323.mp3
Category:general -- posted at: 12:00am MDT

Today’s guest grew up poor, living in a cabin without power or running water. But now he controls millions of dollars in real estate, owns several companies, and leads one of the country’s top-producing sales teams.

How did Ben Kinney pull that off?

The story involves, of course, hard work and tenacity. It involves a book that shifted his mindset at just the right time. And most importantly, it involves teamwork.

In this episode, Ben lays out the hiring process he used to build a real estate agent business. He talks about how he got used to rejection working as a “cable guy” and shares how YOU can find an off-market deal and start house hacking—without a lot of money out of pocket.

Ben also details the seven goals that influenced his every decision and the three things every leader should do when growing his or her business. (Hint: “inspect what you expect.”)

In the "Deal Deep Dive" segment, Ben tells us how he was able to buy a company for a hefty price by controlling the terms of the deal.

He's a big-picture guy, who will challenge you to think differently about real estate and business. If you feel held back by tasks you don’t enjoy, listen to this show for practical tips on how to delegate more effectively.

Today's episode will inspire you and help you invest more efficiently, so you can do what you love and watch your wealth grow.

In This Episode We Cover:

  • The amazing story behind how Ben got started selling homes
  • Being recession proof
  • Why he builds and buys businesses
  • Using synergy to grow his RE empire
  • What he looks for in a deal
  • Why he likes to buy and hold instead of flip
  • How big businessmen save on taxes
  • What is the income triangle and how to flip it
  • Finding great leaders as partners or employees
  • Building an ecosystem to help find him deals
  • Questions he asks new hires or partners to determine if they are the right ones
  • The story about how he spent six days to find ONE hire
  • Working only do things he enjoys
  • And SO much more!

Links from the Show

Direct download: bpp-322.mp3
Category:general -- posted at: 12:00am MDT

In this bonus episode, co-authors Carol and J Scott read from Chapter 5: Seller Motivation and Leverage. This passage reveals the exact questions the authors ask sellers, and how to “aggressively listen” for valuable information — even when making casual conversation. Plus, Carol and J do some investor/seller role-playing.

Order “The Book on Negotiating Real Estate” today at www.BiggerPockets.com/NegotiatingBook; you can get a physical copy, eBook, or audio version (that one is read by professional narrators) — OR just get the Ultimate package, which includes everything, PLUS access to two live Q&A webinars with Carol and J, two bonus videos, and a Quick Reference Guide with the top negotiating tips and tricks from the book.

Enjoy this sneak peek!

Direct download: bpp-321-5.mp3
Category:general -- posted at: 2:00am MDT

Would your real estate investing business benefit from better negotiating tactics? Of course it would!

On today’s show, Brandon and David sit down with J and Carol Scott, as well as Mark Ferguson, co-authors of the new BiggerPockets book The Book on Negotiating Real Estate. The authors discuss several powerful negotiating strategies, plus common misconceptions about negotiating, how “winning” in negotiating doesn’t always mean the other side is losing, and how the best deals are done through building rapport (with examples of how to do just that).

You won’t want to miss their tips on how to prepare for a negotiation beforehand—something that’s made them hundreds of thousands of dollars over the years—and how to negotiate with your own contractor to get the best prices possible!

This episode is full of advice to help you, the investor, save money and get deals. If you want to experience better results getting what YOU want out of a deal, download this one today!

In This Episode We Cover:

  • Introducing J, Carol, and Mark
  • Common misconceptions about negotiating
  • How winning doesn’t always mean the other side losing
  • The right mindset when it comes to negotiating
  • How building rapport can get you deals
  • Learning to shift the negotiation off of price and into something else
  • Tips in preparing for your negotiation beforehand
  • Negotiating with your contractor to get the best deal possible
  • The tip that’s made them hundreds of thousands of dollars over the years
  • How they closed on a deal using negotiating tactics to lower the price on an already great deal
  • And SO much more!

Links from the Show

Direct download: bpp-321.mp3
Category:general -- posted at: 12:00am MDT

Imagine building a business around work you’d do for free. Sound pretty great?

Today’s guest has done just that, and her story may change the way you think about investing. Brittany Arnason is a 26-year-old who’s converted her talent for hands-on work into a cash-flowing, 10-unit rental portfolio.

In this episode, Brittany shares how she learned the business of real estate and construction as a small child, bought her first property for $25,000, and worked on it herself to save money and learn the business.

She goes on to reveal her DIY secrets for adding value at minimal cost, how she applied skills she learned at her 9 to 5 to make her a more successful investor, and how she operates as a woman in a male-dominated industry.

Brittany has an incredible energy, spark, and passion for real estate, and it is infectious. Don't miss how she uses creative strategies to finance her deals and the BRRRR method to fund unlimited projects.

This is an episode that will leave you pumped up and ready to go get your next (or first) deal. Download it today!

In This Episode We Cover:

  • How Britt got her first rental property at the age of 18!
  • Quitting her job as a power engineer
  • Pros and cons of doing your own work
  • The Lifeonaire Strategy
  • Things that make a huge impact in a property
  • Using personal line of credit to fund deals
  • What is a Step Up mortgage
  • Doing BRRRR strategy with her boyfriend
  • Finding deals through realtors and MLS
  • How she learned DIY skills from the internet
  • And SO much more!

Links from the Show

Direct download: bpp-320.mp3
Category:general -- posted at: 12:00am MDT

How does finding and closing 15 deals a month sound? Today’s guest shares exactly how his team does just that!

Returning guest Nathan Brooks goes into detail about how he built a turnkey business that consistently finds and closes deals on a large scale. He also shares great info regarding how he uses the DISC profile to understand himself and his team members, his three-step process for rehabbing homes, and why he always has at least two sets of eyes on every deal.

Plus, he reveals what he wishes he had done differently in the beginning and how to alternate between a “10,000-foot view” of your business and being on the front line. You also won't want to miss his discussion about mistakes newbies should avoid.

Nathan is a long-time investor with a heart-felt passion for helping others succeed. If you want to grow your real estate business, be sure to check out the incredible advice and encouragement he shares in today’s episode!

In This Episode We Cover:

  • How Nathan uses the DISC profile to understand himself
  • What he would have done different if starting his business again
  • His three-step process for rehabbing homes
  • Why he always uses two sets of eyes on every deal
  • How he utilized meetups to grow his business
  • How his team is buying 12-15 deals a month
  • His rule for replacing anything that doesn’t have a 10-year life span
  • Mistakes for newbies to avoid
  • How to alternate between a big picture view and daily activities to lead to success
  • How he handled his nightmare flip
  • And SO much more!

Links from the Show

Direct download: bpp-319.mp3
Category:general -- posted at: 12:00am MDT

Interested in buying over 100 units in two years' time? Today’s guest did just that!

Collin Schwartz shares the amazing story of how he built an impressive portfolio on the foundation of direct mail and networking through meetups. You’ll learn how Collin utilized a clever twist on the BRRRR method to avoiding paying cash for properties (but still get back his down payment), how he uses balloon notes to do this, and how his highly targeted direct mail strategy led to it all being possible. Collin also shares how he runs meetups to find deals, what his criteria are for buying properties, and how he partners/leverages with others to make this incredible success possible over such a short period of time.

Collin also earns income managing properties—and even leverages that business to find deals too! If you want a solid game plan that will lead to impressive growth, this is an episode you don’t want to miss!

In This Episode We Cover:

  • How Collin went from handwriting 191 letters to over 100 units in two years
  • How he uses networking to find deals
  • His direct mail strategy
  • How he uses the BRRRR method and traditional financing
  • His 50/50 partnership structure
  • Tips for using RUBS to increase profit
  • What criteria he looks for in properties
  • How to run meetups to find deals
  • Advice for using balloon notes to get into deals (and later refinancing)
  • How to outsource paperwork and bookkeeping to others
  • How he makes money managing his own properties
  • And SO much more!

Links from the Show

Direct download: bpp-318.mp3
Category:general -- posted at: 12:00am MDT

Ever dreamed of being a successful multifamily investor who owns millions of dollars in real estate while others manage your assets?

Well, today’s guest is doing just that! Brandon and David sit down with Chad Doty, a one-time businessman who ditched corporate life and moved on to real estate, now owning 3,000 units!

Chad shares TONS of meaty insight, including what he looks for when choosing a market, where he’s currently investing (and avoiding), and four rules of thumb for building a multifamily business. Chad gives great advice regarding overcoming high barriers to entry, getting brokers to take you seriously (even as a newbie), and adding value to properties in order to generate big profits.

Plus, you DO NOT want to miss Chad’s take on finding deals others are missing, the order in which you should build your team, and how he would invest his grandmother’s last 100K! If you’re looking for an episode with so much value you’ll feel guilty you didn’t have to pay for it, download this one now!

In This Episode We Cover:

  • How Chad got into multifamily
  • What evergreen is
  • Two real estate myths
  • What comes first: deal or money
  • The market he invests in and why
  • His success metrics
  • The four components of any successful business
  • Raising money to fund an apartment building
  • Increase rent vs. decrease expenses
  • What does his team look like managing thousands of properties
  • Rules of thumb for communicating with property management
  • His thoughts on the future of today's market
  • And SO much more!

Links from the Show

Direct download: bpp-317.mp3
Category:general -- posted at: 12:00am MDT

Interested in becoming a millionaire through real estate investing? Of course you are!

Today’s guest did just that—by age 26!

Brandon and David sit down with top-producing real estate agent and investor Graham Stephan as he spills the strategy he used to build massive wealth at such a young age. You won’t want to miss his “fortune formula," including how he adds value to the deals he buys, how he saved money to invest without missing out on life’s experiences, and how he found work he loved to do so he could work hard while still feeling like he was on vacation.

Graham’s passion for real estate carried him to big success through investing, and he shares great advice for using YouTube to grow your brand. He also discusses how skipping college helped make him a millionaire and how he used his grandma to fund his first deal! 

Graham touches on why he feels the future of RE is in development, ways to “make, not just find,” deals in today’s market, what to watch out for with Airbnb, and how he bought a house before he even owned a credit card.

DON’T miss this powerful show from someone who made the most of his 20s to set himself up for future success. Download it today!

 

To learn more and get started with a free account, go to Stessa.com/bp

In This Episode We Cover:

  • Closing over 3 million dollars as a first deal that made him quit college
  • The plan he took
  • What he could've done better
  • What it's like buying rental properties at a young age
  • Hack on Managing properties
  • The Subway Sandwich Story
  • How Graham became a millionaire in real estate by 26
  • Why going to college would have set him back a decade
  • The Millionaire Formula
  • His current investments and future plans
  • Tips on landlording
  • And SO much more!

Links from the Show

Direct download: bpp-316.mp3
Category:general -- posted at: 12:00am MDT

Interested in learning techniques that will virtually guarantee you success, regardless of your field of interest? Of course you are!

On that front, today’s show will not disappoint! Brandon and David interview bestselling author Robert Greene, whose latest book is titled The Laws of Human Nature.

Robert discusses brilliant concepts regarding earning the trust of others, determining who you can trust in an interaction, and developing the super power of reading other people’s non-verbal cues. He also shares valuable insight that will help you positively impact the emotions of others around you, put yourself in a peak state of performance, and activate the power of your own emotional connection to things you are passionate about.

And do not miss Robert’s advice on making sure others cannot manipulate or deceive you, or what he’s learned studying Leonardo da Vinci and others who have mastered their crafts! If you want to become the investor who gets deals first, gets the best prices on rehabs, and is less likely to be fooled in a transaction, download this episode right now!

 

In This Episode We Cover:

  • Robert's mentor-mentee relationship with Ryan Holiday
  • What a mentor is looking for a mentee
  • What are the laws of human nature
  • Understanding human nature and why it's the most important skill
  • Seeing through people beyond the surface
  • Validating the good in people
  • Flattery vs. recognizing somebody's strength
  • The different biases and how we're governed by emotions
    - Conviction bias
    - Appearance bias
    - Group bias
  • Techniques to resist these biases
  • How to present yourself
  • Mastery and being emotionally connected to what you do
  • And SO much more!

Links from the Show

Direct download: bpp-315.mp3
Category:general -- posted at: 12:00am MDT

Would your real estate business benefit from better rehab/construction knowledge or tactics? Well, that’s the focus of today’s show, where Andresa shares her story of moving from Brazil to America and crushing it in the real estate space!

Andresa excels in an area many of us find extremely challenging: managing rehabs. In this episode, she pulls back the curtain and shares tips for how you can do the same. Andresa gives great advice for finding excellent contractors (and vetting them), the three things she puts in every contract, and how she makes sure she’s never ripped off.

You won’t want to miss her advice on finding the perfect team, determining the scope of work for your project, and learning your market. Andresa also shares a killer tip about challenging low appraisals she’s used successfully three separate times! Andresa is able to skillfully manage several rehab projects at a time while also running a side Airbnb business and gives great guidance on how you can do the same. Download this one now!

In This Episode We Cover:

  • How Andresa got into real estate
  • How she finds great contractors
  • The three things she puts in her contract
  • How she pays her contractors
  • Her advice for finding the perfect team
  • How she embraces what she’s good at
  • Why you should be humble enough to partner with others
  • How she determines her scope of work
  • Tips for understanding your market
  • How she challenges appraisals
  • Her advice for Airbnb investing
  • And SO much more!

Links from the Show

Direct download: bpp-314.mp3
Category:general -- posted at: 12:00am MDT

You want to crush it in real estate investing. But you also want fun, adventure, and time for yourself and your loved ones. Can you have both? Our guest today says, “YES!”

Jesse Itzler is a serial entrepreneur who’s worn a lot of hats: rapper, founder of a private jet company (sold to Warren Buffett’s Berkshire Hathaway), partner in a coconut water venture (sold to Coca-Cola), ultra-marathoner, and part-owner of the Atlanta Hawks.

Jesse shares his plan for 4x-ing your productivity, what he learned from living with a Navy SEAL (and writing a book about it!), and why investors must learn to “fall in love with the process,” rather than the product. You’ll learn his trick for scheduling memorable experiences and why you should develop your own “happiness meter.”

Oh, and stick around to hear Jesse’s hilarious story about performing in front of 600,000 people—and forgetting the words. This show is packed with wise counsel for anyone who is or wants to be a hard-charging entrepreneur, but also craves more balance and bliss. Download this episode, and share it with a friend or family member who would enjoy it! When you do, tag us on Twitter (@jrdorkin, @brandtonatBP, @biggerpockets) or Instagram (@jrdorkin, @beardybrandon, @biggerpockets)!

In This Episode We Cover:

  • Jesse Itzler's backstory
  • The moment of the most happiness -41 bucks story!
  • How to measure happiness with the "Happiness Meter"
  • The "3-Hour Rule"
  • What Kevin's Rule is and why you should create "moments"
  • Advice for making the most of life
  • Why you should think through: What do I want to be known for in the next 5 years?
  • How to reach out to people who you aspire to meet
  • His advice on growing multiple business
  • A way to redefine failure
  • The Misogi
  • And SO much more!

Links from the Show

Direct download: bpp-313.mp3
Category:general -- posted at: 12:00am MDT

Excited about real estate investing and looking for a blueprint to follow? Well, you’re in luck!

Today’s guest James Masotti is a well-rounded investor who’s piling up properties while working a full-time job.

James shares how he consistently finds deals in a competitive market (it’s not through the MLS), how he funds these deals (it’s not with his money), and how he handles the common complications every investor faces.

He also gives some great advice for acquiring properties already occupied by tenants, and explains how he keeps his partner and lenders happy even when things don’t go according to plan. He offers tips on planning for CapEx and dealing with the dark side of real estate investing, too. 

Plus, you won't want to miss his advice when it comes to building funnels to find deals, as well as just what to look for when interviewing real estate agents.

James has a straightforward, no-nonsense approaching to succeeding in today’s market and provides tons of good content for how you can do the same! Download this episode today!

In This Episode We Cover:

  • Jame's entrance into real estate investing while having a professional career
  • Cash reserves and how he plans for CapEx
  • How he finds and funds deals
  • Dealing with tenant evictions
  • Finding the lender you need
  • What a debt cover ratio is
  • Why he continuously builds funnels
  • How to handle when things go wrong
  • Analyzing and overcoming the dark side of real estate investing!
  • And SO much more!

Links from the Show

Direct download: bpp-312.mp3
Category:general -- posted at: 12:00am MDT

Are you a real estate investor concerned with the potential of a shifting economy? These concerns are understandable, and today’s guest has some great techniques for both protecting your money and taking advantage of deals in any market!

J Scott, author of The Book on Flipping Houses and How to Estimate Rehab Costs shares his valuable insight when it comes to predicting market changes, adapting to shifting markets, and changing your strategy to adapt to a changing economy! Don’t miss Jay’s 6 rules for flipping houses, what exact economic indicators he looks for to predict an upcoming recession, and his 6 rules for preparing for an economic recession.

J is one of the most respected minds in the real estate game, and today’s show is jam packed with the wisdom, advice, and knowledge you need to position yourself where you want to be in a shifted market to make big gains in your portfolio!

In This Episode We Cover:

  • J. Scott's story on how he got into flipping houses
  • How his business evolved over the past 10 years
  • Market cycles and market indicators to look for
  • Why unemployment is an indicator
  • The "yield curve"
  • The Buffet indicator
  • His 6 rules for investing in this market:
    1. Be certain of your numbers
    2. Stay away from long rehabs
    3. Have a backup strategy
    4. Avoid thin deals
    5. Keep clear of leverage at all cost
    6. Stay away from the high end vacation rentals
  • 6 ways to prepare for any market:
    1. Hoard cash
    2. Open as many credit lines as possible
    3. Build credit
    4. Figure the "worst case drop"
    5. Restructure short-term debt
    6. Don't chase your losses
  • And SO much more!

Links from the Show

Direct download: bpp-311.mp3
Category:general -- posted at: 12:00am MDT

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