The Biggerpockets Real Estate Investing Podcast

One of the most impactful moments for most real estate investors is meeting a “mentor,” someone older and wiser who can share with them the lessons they’ve learned. That’s exactly what today’s episode of The BiggerPockets Podcast is! Mike Anderson has invested in real estate for over 60 years, doing everything from buying 200 houses per month to owning a mortgage business to storage units and more. On today’s show, he dives into his story and the lessons he’s learned over the past half-century and offers insight and wisdom that newer investors need to hear. This conversation is fun, fast-paced, and filled with knowledge, so hang on for a wild ride! In This Episode We Cover: The story of buying a house for $3,250 (55 years ago) How to buy and sell 200 houses a month What he’s learned about people buying houses Why you should buy rentals in school districts A discussion on cash flow vs. appreciation The concept of “dialing for dollars“ Why it’s all a number’s game Things to note when buying from who

Massive goals encourage massive action—and a massive plan to get there. That’s the truth behind today’s episode of The BiggerPockets Podcast, where we sit down with Gabe DaSilva, a New Jersey real estate investor who specializes in a unique niche of house flipping: “add-a-level” or “pop tops.” You’ll hear how Gabe shoots for a six-figure payday on each flip and how you can incorporate this strategy in your own business. Be ready to take some notes—this is an action-packed show! In This Episode We Cover: How Gabe got into the real estate business Tips for using your 401k as capital How he landed his first deal A discussion on doing things yourself How to finance your deals using hard money Gabe’s unique definition of hard money lenders The deals he’s made to this point Which properties are good candidates for rehabbing How to tell if it’s the right market to invest in What to check for in a good house foundation The “bathtubs story“ How to find deals through direct mail What his day looks

Investing outside of your local market can strike fear into the hearts of even the most savvy real estate investor. But long-distance investing doesn’t need to be extra risky! In fact, today’s guest argues that it might just be the most profitable investing you’ll ever do. Today’s guest, David Greene, a San Francisco real estate investor and agent, shares his incredible process for finding, rehabbing, and managing properties from thousands of miles away. His approach to building a “Core Four” is nothing short of genius and will transform how you run your real estate business, whether you are buying next door or 49 states away. This is one show that could change your real estate strategy forever! In This Episode We Cover: What David’s been up to since the last time he was in the show How to find the right people to help you find the right properties How to seek out top-notch lenders Tips for offering value to people hundreds of miles away A discussion on whether newbies can invest long distance The “Co

Why do some people achieve incredible success while most others struggle? Why do some reach their goals while others give up within days of setting them? Why do some people make WAY more money at work while others are stuck in the mailroom for 40 years? Those topics, among many others, are the focus of today’s episode of The BiggerPockets Podcast, where we sit down with Eric Barker, author of the WSJ bestseller Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) WrongW. Eric spends his life exploring the science and psychology behind what actually makes an individual successful, and today we explore those often-surprising truths as they relate to real estate, business, and all areas of life! In This Episode We Cover: Eric’s background What you should know about his book How to align yourself with what you’re good at The issue of grit The “3 Ps” (personal, permanent, and pervasive) The secret to forming habits How to create external accountabili

How many hours per week does it take to be a successful real estate investor? The answer on today’s episode might surprise you. Today we’re sitting down with Elliot Smith, a real estate investor from Washington State who has an incredible story to tell about how he went from 70+ hour per week worker to “full-time” real estate investor who only works part-time. Elliot has an incredible outlook on life and business that’s contagious, so warning—you won’t leave this interview the same person. You’ll also learn how Elliot and his wife made over $100,000 their first year in real estate and the amazing tale of how they made over $100,000 in a single month. This show is as inspirational as it is educational (and filled with more than a few laughs!) so get ready to have your world rocked. In This Episode We Cover: How Elliot got started real estate investing Whether you should do house inspections Their next deals and a great wholesale deal How to wholesale with a full-time job The importance of being honest w

Today’s guest needs no introduction, but this would look funny without one, so here we go! Today on The BiggerPockets Podcast, we sit down with Tim Ferriss, author of #1 New York Times Bestseller The Four Hour Work Week and his newest title, Tribe of Mentors and dive DEEP into the patterns that make high achievers accomplish so much. This show is unlike any other episode of our podcast, and we can’t guarantee you’ll be the same person when you finish. You’ll also discover Tim’s unique approach to real estate investing, as well as the books, apps, and routines that has made Tim one of the most influential thought leaders in our world today. In This Episode We Cover: How the gang connected with Tim Whether his mom would be impressed by his accomplishments Why he walks to the beat of his own drum His recent “silent” retreat The value of meditation What you should know about self-awareness training The ins and outs of the book Tribe of Mentors Patterns that are common amongst high achievers The im

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed. In This Episode We Cover: How David started real estate investing Why he brought a bank guarantor partner into his deal How he turned a shopping mall around What the “Amazon proofing strategy” is What he looks for in commercial properties The challenges of this strategy Who to hire to start investing in shopping centers What synergy is in reference to te

People spend years thinking about buying real estate—but many never take the first step. Not today’s guest, though! Today, we sit down with Craig Curelop, a new investor in the expensive Denver market, as he shares his story of buying his very first “house hack” and how’s he’s actually getting PAID to live for free. You’ll also learn some other creative way Craig is generating extra income each month (including renting out his car!) on his quest for financial freedom. It’s a super inspiring story with a plethora of tips, so don’t miss a moment of it! In This Episode We Cover: Craig’s story and how he found out about BiggerPockets What he does at BiggerPockets How he house hacked his first home in Denver Tips for finding a good agent How to find a good lender What exactly PITI is How he’s generating rent from his place His method of fast tracking his way to financial freedom How his Airbnb system works, including how he handles cleaning Tips for turning liabilities to assets How he rents out hi

How do you build up an arsenal of relevant landlording knowledge? Through hands-on experience. Eric Drenckhahn is a “DIY landlord” who has managed his mid-sized portfolio for years and who has come across countless maintenance and landlording issues. Join us in picking his experienced mind across a myriad of real estate issues and learn how to become a successful DIY landlord. In This Episode We Cover: How Eric got started investing in real estate Thoughts on buying properties for what they’re worth The reason he waited for 8 years before investing again Why the real estate crash didn’t hurt him Tips for determining your CapEx How to become a DIY maintenance landlord A discussion on DIY vs. hiring it out What you should know about managing properties Instances where doing it yourself goes a long way What’s next for with Eric And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Calculators LoopNet Books Mentioned in this Show Set for Life by Scott Trench Emerging Rea

It’s the episode you’ve been waiting for: Grant Cardone is BACK on the BiggerPockets Podcast! Last time Grant was on the show he owned $350 million in real estate. Now, with over $600 million, he’s just warming up! From the moment this show begins, it’s a high-powered, fast-moving, high-level (and hilarious) explosion of information and entertainment aimed to motivate, educate, and inspire you to greatness. You’ll hear why Grant thinks buying a house is one of the stupidest decisions one can make, his plan for avoiding the next real estate decline, and why he says NOW is the best time to invest in real estate—plus a lot more.   In This Episode We Cover: What’s new with Grant A discussion on the next real estate crash? How to make money in today’s market Why a low cap rate matters How many offers he makes How to get going on big deals Why you need to go big The mistakes amateurs are making Various ways to learn more about properties without an agent Why you should partner with someone with money

Why do you want to invest in real estate? Is it just about having a lot of units—or is it about creating a life you can be proud of? On today’s episode of The BiggerPockets Podcast, we sit down with Josh Daniels, a real estate investor in Montana who, along with his wife Summer, has chosen to buy fewer but better deals on a quest for financial freedom. You’ll hear about Josh’s highly creative actions that turned their first deal into a cash-cow, as well as the shift to (and reason for) investing in single family houses. You’ll love Josh’s attitude toward financial freedom, as well as his message that you don’t need hundreds of units to be free. In This Episode We Cover: How Josh got started investing right out of college The story behind his killer first rental Rental rates for this property How they earned $80k on their next deal What exactly a live-in flip is How they manage their properties A discussion on tenant drama in multi- vs. single-family properties Josh’s “why” in his investing How to h

Looking to scale up your real estate investing business? If so, don’t miss this incredibly powerful episode of The BiggerPockets Podcast. On today’s show, you’ll meet Todd Dexheimer, who started investing in real estate while working a full-time job as a shop teacher at a Minnesota High School. Todd walks us through his journey of quitting his job and scaling his business to hundreds of flips and rental properties in just a few short years. You’ll hear how Todd analyzes markets before deals, how he puts together the financing on large multifamily purchases, and how he builds a solid team—no matter how far he’s located from the property. In This Episode We Cover: How Todd got started in real estate How he found and financed his first deal What exactly a 203k loan is How he bought a rental and a flip How to three projects at the same time while working a full-time job What his investing life looks like today How he scaled his investing to hundreds of purchases How he was able to gradually quit his jo

Today’s podcast is unlike anything you’ve heard before. Today, we’re not interviewing anyone. Instead, we’re going to motivate, educate, and inspire you to take some MASSIVE ACTION and sprint to the end of the year! Why 90 days? Because the end of 2017 is just three months away, and we know that many of you had some big goals you wanted to accomplish by the end of the year—but you are falling behind. Or maybe you’ve crushed your goals and you are ready to up the ante to hit an even higher goal. On this podcast, you are going to discover : Why the next three months are the best time of the year to buy real estate How to build a step-by-step plan (including daily action steps) to accomplish your goal How to build a lead funnel that will generate consistent leads for your business And much more. This episode is an invitation to join thousands of others in the BiggerPockets community to take the “90 Day Challenge,” a three-month sprint to hit your 2017 goals. This episode is unlike anything we’ve done before

When most investors hear the words “mobile home park,” they turn and run the other way. But not today’s guest, who’s found incredible success buying (and repositioning) mobile home parks. You’ll learn how Kevin Bupp got his real estate started with single family homes (eventually owning hundreds) and how that led to major problems in the last real estate crash. You’ll also find out how he’s making sure the next crash is different. Discover the incredible power of mobile home parks in generating huge returns in this less-popular real estate niche by learning Kevin’s story. If you are looking to generate huge amounts of cash flow, this is an episode you can’t afford to miss! In This Episode We Cover: The difference between trailer parks and mobile home parks How Kevin got started Why to not choose single family homes How to “stress test” your deals How (and why) he got into mobile home parks The target market for this investment Some objections to owning a mobile home park The average vacancy Kevin

Are you in this business to make a quick buck—or are you looking to build generational wealth for you and your family? If the latter is true for you, don’t miss a moment of this powerful show with bestselling author Ryan Holiday. Ryan, best known for his books, such as The Obstacle Is the Way: The Timeless Art of Turning Trials into TriumphA, Trust Me, I’m Lying: Confessions of a Media Manipulatorr, Ego Is the Enemye, and Perennial Seller: The Art of Making and Marketing Work that Lasts , is also a part-time real estate investor and lender. In this show, we cover a large variety of topics including hard money lending, vacation rentals, writing books, how the awareness of death can make life better, stoicism, and much, much more. In This Episode We Cover: Ryan’s background The importance of learning from other people His experience as Director of Marketing for American Apparel Tips on looking for a mentor His first real estate adventure His thoughts on Airbnb How he gets leads for loans How to d

There are a lot of reasons to love being a real estate investor. One of the most impressive is the “unfair” tax treatment investors get by the US Government – and we mean that in a good way! On today’s episode of The BiggerPockets Podcast, we sit down with CPA Linda Weygant to learn more about those incredible tax benefits. You’ll also hear how she discovered the power of real estate through her clients, and how that led her to begin her own investing journey. Linda shares how she navigates the messy world of investing in properties that have HOAs, as well as how she uses her “unfair advantages” to succeed where others fail. Finally, as a CPA, we have a special “tax-focused-Fire-Round” where we talk about LLCs, deductions, and much more! In This Episode We Cover: How Linda got into real estate Why the government likes real estate investors What her first deal looked like What to look out for when using credit cards for rehabs Should you be debt free before investing? Debt to income ratio Why she ch

Let’s be honest: not everyone is trying to buy hundreds or thousands of properties. In fact – just a small handful of incredible deals can help build impressive wealth AND great income. That’s the story you’ll hear today as we speak with Joe “JD” Martin, a real estate investor who’s building wealth while working his full-time job. As you’ll hear, JD had a rough start to his investing, losing over $100,000 on his first “deal,” but came back to create a stable, cash-flowing portfolio of single family houses that has given him financial freedom and over a million dollars in wealth. If that sounds like a plan you can get behind – don’t miss a moment of this powerful episode! In This Episode We Cover: Losing six figures on the first deal The number one problem of that failed deal How Joe got back into investing again and the strategy he chose The details on his first rehab Landlords who hate being landlords How the quality of tenants matter The importance of knowing who you want to rent to Having a day

Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner. You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!” In This Episode We Cover: How Josh got started in real estate through buying a Corvette Details on his first deal – a mini mall Selling bath tubs while property was still empty How many properties Josh currently owns Juggling business and real estate investing Facebook Marketing to find deals The Plumber story His strategy His monthly cashflow The ‘why‘ behind his investing Maki

Is it possible to go from firefighter to real estate mogul? Just ask Jeff Wallenius, who started with a single flip, financed entirely with hard money. He was able to parlay that early success into a profitable flipping business and has been flipping 10-12 houses a year in the Portland market for the last five years. Now, he’s set his sights even higher, has created a couple of funds, and is buying cash flowing turnkey real estate around the country. In This Episode We Cover: Jeff’s transition from firefighting to real estate investing His first flip What exactly a “cash flow negative” spouse is The numbers on that first deal How he sold it How to price your property Why he went back in 2012 after the crash The indicator of a good partner How he scales his flipping business What he thinks buying out-of-state Tips for “riding along” with someone to learn more How to build an investment fund Why he sees safety and performance as his bull’s eye What turnkey is and how someone can vet one H

Financial debt (like student loans or credit cards) is irritating, expensive, and flat-out dangerous. But you don’t have to be stuck paying the minimum payments for decades like most Americans. Today, we’re excited to introduce you to Brentin Hess, a young investor who “flipped his way out of student loan debt” and has already been able to quit his job thanks to his real estate investments. You’ll learn how Brentin used a partnership to begin his house flipping journey, as well as the mistakes that cost him time and money in the beginning. Brentin is incredibly inspiring, so take time to listen to this entire episode—and prepare to have a fire lit beneath you! In This Episode We Cover: Tips for getting into real estate at a young age Brentin’s experience of having a real estate license at 19 years old How his first partnership came to fruition How to deal with contractors when you’re young The details of his first deal Tips for leveraging capital What exactly a Guidance Line of Credit is The imp