The Biggerpockets Real Estate Investing Podcast

What stops most people from achieving massive success through real estate? Money? Cheap properties? Knowledge? According to our guest today, it’s fear. That’s why we’re excited to introduce you to Dale Hensel, an investor who’s done everything from single family to multifamily to notes and a LOT more. You’ll be amazed at the simple way Dale used his “ignorance” that something should be hard to build several large, successful businesses — including one real estate company he took public! In This Episode We Cover: Dale’s very first house that he bought in 1996 How hitchhiking led him to figuring what he wanted How he achieved 250 apartments in two and a half years! The need for being confrontational in this business The cool story of how he got started as a landlord How he added multiple properties just because he has no money What exactly a “wrap” is The 3 important pieces of paper in a real estate transaction The benefits of not knowing what’s “impossible“ The difference between performing and non p

Trying to build a real estate portfolio when you are brand new and work a full-time job can be tough. That’s why today we are excited to bring you an interview with an investor (and moonlighting stand-up comedian) with a remarkable story of using various “house hacks” to jump into the game. Charlie Kao, who hails from the Detroit, Michigan market, covers his entire investing journey, from condo investing to house flipping to landlording and more. And don’t miss Charlie’s powerful — and incredibly unique — strategy for finding deals through networking! Today’s show is sure to bring new strategies to your business, and the humor will leave you smiling all day! In This Episode We Cover: Where Charlie comes from How he learned real estate from his dad Thoughts on starting off with $5-40k houses A discussion about Detroit The details of his first deal How he realized how to live and flip via working at the bank What exactly an underwriter is Charlie’s first true flip in Grand Rapids Thoughts on valuing yo

When you hear the acronym “BRRRR,” what comes to mind? Winter? Well, today on the BiggerPockets Podcast, we’re going to talk about BRRRR — and, no, we’re not talking about the temperature! On this powerful episode, we dive deep into one of the most popular and exciting strategies for real estate investors today — the BRRRR strategy (Buy-Rehab-Rent-Refinance-Repeat). We talk with Ben Walhood, a real estate investor from the Chicago suburbs who has found tremendous success buying properties in several states using BRRRR, as well as several other strategies. You’ll learn why it took Ben nearly ten years to “take off” as an investor, as well as the best tips he has for finding success today. Grab a notebook and pencil — because this is one show you’ll want to take some notes! In This Episode We Cover: Tips for switching from the linear path of a sales person to a real estate investor What a “no doc loan” is How Ben bought his first house in college to house hack How he learns each market he gets into The sto

Everyone knows it’s tough to find deals in today’s real estate market — but somehow our guest today, Tom Krol, didn’t get that memo! In his first 18 months, Tom closed over one hundred wholesale dealsand has continued to dominate his market. In this explosive and highly entertaining episode, Tom goes into incredible detail on the exact methods he used to build out a highly automated real estate acquisition machine. And don’t miss the in-depth discussion on nine specific lists that Tom mails to; it just might change your business forever. Hang on tight — this show is about to rock your world! In This Episode We Cover: How Tom got started in real estate Why he had to sell his golf cart The biggest mistakes he made when starting out How he closed 100 deals in the first 18 months The attitude successful wholesalers have How to avoid “shiny object syndrome“ How he finds real estate deals What “the list” is What a motivated seller really looks like Tips for buying owner-occupied deals How Tom became succ

Building a real estate portfolio can be challenging — but taking others along for the ride can help everyone achieve incredible results. That’s the topic on today’s episode of the BiggerPockets Podcast,where we sit down with Mike O’Connor and Matt Wood, two young investors from the Atlanta area who have built a sizable portfolio (150+ units) in a very short time thanks to the power of a team. You’ll learn why they jumped straight from a single house to an apartment complex and the mindset and strategies needed to pull it off successfully. This highly entertaining show will have you taking notes — and laughing — ’til the very end! In This Episode We Cover: The backstory of Mike and Matt’s investing career The cool story on how they started working together The value of analyzing deals “Aunt Jemima” as their first property What Section 8 is and some of its benefits Tips for bringing more people on the team Why their first deal was important How they find the right people for their team How they scored

Around BiggerPockets, we often encourage newer investors to sit down with an experienced real estate investor to “pick their brain” and soak up their wisdom. Today on the BiggerPockets Podcast, we want to do just that. Dave Short began investing in real estate nearly half a century ago and has an incredible level of insight into the ups and downs of building wealth through real estate. We cover everything from overcoming failure to flipping a hundred houses in four years and much more! In This Episode We Cover: How he got started in real estate from a factory job 44 years ago The grave need for property management and liquidating their business Thoughts on going through investing with over a million dollars in debt Tips for making partners instead of having bank relationships How help from the outside opened his eyes Why you should stay in the game despite failures The importance of working with the right people How many transactions he has done over his real estate career How he flips a house Who’s

House flipping can be incredibly profitable and fun — but for many people, trying to make it work is next to impossible because of the high cost of homes. That’s why on this episode we’re excited to chat with Steve Jones, a house flipper from Southern California who has flipped over 100 deals in his neighborhood. Steve’s advice is rock solid for anyone looking to grow their real estate business — and you are going to love his advice about open houses. Steve’s perspectives just might change how you do real estate forever. In This Episode We Cover: Thoughts on investing in Southern California How Steve got started in real estate The first home he flipped What exactly a “condo conversion” is How he’s done over 100 flips so far How Steve finds his deals What you should know about looking for hidden value Steve’s formula for evaluating a deal How he flips a deal What he typical spends on a normal rehab The worst flip he’s ever done How to think with the buyers in mind Tips for getting an A-team contra

Have you ever dreamed of owning large apartment complexes? If so, don’t miss this powerful interview with Jonathan Twombly, a real estate investor whose very first deal had over 100 units! You’ll learn why Jonathan skipped the “small deal phase” and jumped right into big deals — and how he’s gone from nothing to over 400 units in the past several years. This show offers an incredibly realistic view of what it actually takes to break into the apartment complex market! In This Episode We Cover: How Jonathan got out of the law industry and into real estate investing The partnership that changed his life How you can always find deals within 100 miles The details of Jonathan’s first deal What to do when someone cancels the deal How financing contingency works How he structures his deals Tips for establishing yourself with brokers The due diligence list to show to brokers The importance of asking your friends for introductions Why you should focus on the relationship aspect of investing The details of J

On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show! In This Episode We Cover: How Andrew started as a chemical engineer — then got into investing Why he trusted his mentor from the outset How many flips he has done so far Tips for scaling from 0 to 24 flips in 5 years The details of his first flip A discussion on buying pre-foreclosure properties The story of making 4,575 phone calls before getting his first deal The importance of believing in yourself and believing in the system How Andrew has flipped 24 properties and 1,470 apartments How he made money on the first flip How to scale by building a system

What does it take to truly find success in real estate — especially when you make an average salary and live in an expensive city? That’s the topic of today’s show, where we sit down with David Greene, a full-time police officer in the San Francisco market who’s managed to buy multiple deals in the past several years through mass hustle and persistent deal-finding. You’ll learn how David finds deals, invests both in-and-out-of-state, and finances those deals on a cop’s salary! This show is sure to motivate and educate you to do more deals this year! In This Episode We Cover: Who David Greene is and how he bought a $565k house for $195k The challenges of renting out a house His tips for first time landlords Thoughts on credit checks How to use property managers as advisors Steps for buying property from afar The second hurdle he met while investing What you want in a real estate agent How he got financing despite his profession Looking at investing like the Golden Real Estate Warriors to save money

Today we’re excited to bring you an interview with a savvy investor who’s done over 500 deals — Cameron Skinner. Cameron got his start with new construction spec builds in the late 1990s and due to the changing economy created an interesting twist that we know you guys are going to just love. This episode is packed with incredible, actionable advice that will leave you shouting, “I’m totally going to do that strategy!” In This Episode We Cover: How Cameron got started by partnering with someone Why he started with new construction Can anyone build to rent? How to calculate capex and why it’s important What exactly cost segregation is How to get tax benefits now How many deals Cameron has done so far His experience during the crash What you should know about how lease options work When to seek professional advice regarding the laws in your area How to know your market Downsides of the build-rent strategy Tricks for finding the best contractor How he completed so many deals without picking up a ha

People have a lot of excuses about why they aren’t’ investing in real estate. “I work too much.” “I live in an expensive area.” “I don’t know enough.” But on today’s show, we sit down with a BiggerPockets member who is absolutely crushing it — despite a full-time job, living in Silicon Valley, and being brand-new to real estate. You’ll learn how Kevin Wood has managed to go from zero to twenty-five deals in under a year, largely using networking on BiggerPockets to make it happen. You’ll be inspired, motivated, and educated to get off the bench and jump into the game! In This Episode We Cover: How Kevin went from 0 to 25 units in less than a year How to overcome the fear of buying that first deal How BiggerPockets helped Kevin focus on his investing The “condo mistake” Kevin almost made for his first deal How to have a competitive advantage Tips for approaching other investors Why (and how) Kevin bought five houses at once for his first deal The logistics of buying five properties at once as a newbie

One of the best ways to achieve incredible results in your life is to model others who have succeeded before. At least- that’s how our guest today was able to do over 100 deals- all before his 28th birthday! Today Matt Aitchison shares his story of overcoming a rough past and how he used real estate to define an incredible future. This powerful show is slammed packed with actionable tips and tactics that YOU can use, right now, in your business to increase your net worth through real estate investing! This show is bound to go down in the books as one of the greatest shows in BiggerPockets history! In This Episode We Cover: How Matt learned to invest as a child! Matt’s first deal – that made him $100,000 Teaching your kids about real estate investing Building a sizable real estate team How Matt “models” others to achieve success How to attract a mentor The importance of “showing up“ What makes a good wholesaler? The creative strategy Matt uses to buy properties for $0 out of pocket! How to vet a borr

What’s it truly take to go from beginner to advanced in real estate? On this episode of the BiggerPockets Podcast, we sit down with Steve Mills, who shares exactly how he was able to overcome a bad first deal, find mentors, work with a partner, and eventually do more than four hundred real estate deals! This show is both highly motivating and informative and will definitely leave you with some great nuggets that you can use in your business to buy more real estate and have more fun doing it! In This Episode We Cover: Where Steve comes from and a discussion about Detroit How he got into real estate The entrepreneurial mindset Why you should educate yourself What his first deal looked like The importance of using bad deals as a learning experience Thoughts on selling via a land contract Why Steve chose wholesaling Details on his first wholesale deals How to negotiate your way to getting deals What you should know about zoning How to understand a lead Functional obsolescence Changing strategies as 

Having a full-time job can make investing in real estate tough. However, with the right systems, people, and plan, your business can thrive no matter how few hours you have to dedicate towards it! In this episode of the BiggerPockets Podcast, we sit down with Bill Allen, a navy pilot who’s done just that in a very short time. We talk about hiring your first employee, finding good deals, using low down payment loans to fund your deals, and a lot more. If you are looking to make your real estate business launch into the stratosphere, don’t miss a moment of this show! In This Episode We Cover: What Bill does aside from being active duty in the U.S. Navy How he got into the real estate world The importance of being able to walk away from a house What you should know about the housing assistance program His $185k loss in an investment The difference between buying rentals and buying primary residences His first investment property What exactly a VA loan is How he uses VA loans creatively to finance his in

No one likes paying taxes, so let’s talk about how you can pay FAR less to the IRS! On today’s show, we sit down with real estate investor and CPA Amanda Han, the author of the brand new book The Book on Tax Strategies for the Savvy Real Estate Investors. In this powerful (and fun!) interview, you’ll learn about the biggest tax mistakes investors make when setting up — and running — their real estate business. This interview could literally save you thousands of dollars! Dig in! In This Episode We Cover: The new book that will help you save money Who Amanda Han is and how she became CPA to an investor Why the Tax Code is a language on its own The importance of working with a CPA in regard to the Tax Code The big list of people who screw up their taxes Getting the right legal entity on the first deal The two things to ask your CPA Legitimate tax deductions you should know Getting deductions from equipment What you should know about the home office deduction Other neglected deductions A discussion o

A lot of people make good income from their jobs, but few are able to turn that income into lasting, generational wealth. That’s why we’re super pumped to bring you this interview with professional football player Ryan Broyles. Ryan shares the strategies he used to turn the money made from football into rental properties that will provide for his future for decades to come. Ryan candidly talks about the creative strategies he’s used to pull off some impressive deals, the keys to working with partners, living life on a budget, and more. This episode is bound to change your outlook on investing, whether you are a football fan or not! In This Episode We Cover: Who Ryan Broyles is A mandatory discussion on the NFL (and the Broncos!) Why he got into real estate investing Ryan’s first deals What exactly “legacy income” is How to avoid bankruptcy after a career Thoughts on lobbying for the rookie symposium How to know if you can trust a potential partner How to do your homework when investing with a partner

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Today on the BiggerPockets Podcast, we sit down and chat with Stefanie Marshall, an investor from Northern California who has flipped more than 50 properties in the last five years, all while working a job as an accountant! In this powerful (and hilarious) interview, Stefanie shares how she jumped into the flipping game, how she managed to purchase a property in California for just $30,000, the sad story of losing $100,000 on a single flip, and how she bounced back to create an impressive flipping empire! Don’t miss a second of this fun, informative (and often sarcastic) episode! In This Episode We Cover: What Stefanie does in real estate How she got started How she completed 60 deals in a span of five years Tips for investing while having a day job How she started without knowing much and ended up being saved by a contractor Thoughts on finding a good partner Some of Stephanie’s deals that went wrong Where is the line when doing a price reduction What to do when something goes wrong in the middle of

Anyone can buy a house. However, it takes a special kind of business (and business owner) to buy dozens of deals every year. That’s the story on today’s episode of the BiggerPockets Podcast, when we sit down with Nathan Brooks to talk about how he went from casual investor to buying nearly sixty deals last year. You’ll learn the key hires that made this transition possible, the process for hiring the perfect team members to work your systems, Nathan’s story of bringing in a partner to help scale, and so much more. If you are looking to really expand your business through partners, employees, and processes, dive into this powerful episode! In This Episode We Cover: Nathan’s beard, the bear from The Revenant A recap of his last show The importance of sitting down with your mentor How to diversify your income streams Why he started his own property management company The companies he’s worked with before How to avoid working with the wrong company Nathan’s current number of employees How he builds syst