The Biggerpockets Real Estate Investing Podcast

Today on the BiggerPockets Podcast we are excited to welcome back a repeat guest coming to us from The Los Angeles area! We first met Mehran Kamari  in the newbie podcast back on show 025, where he took us through the process of his first out-of-state deal, and… well, a lot has happened since then! Since his last appearance, Mehran’s business has blown up – just completing the purchase of his 10th property! In today’s show, Mehran teaches us how to successfully invest out-of-state when your local market is too expensive. He goes into detail on how to use BiggerPockets to find out-of-state partners, what due diligence you need to do, who you need on your team, how to overcome fear and much, much more! If you are in a market where the numbers just don’t seem to work, then this Podcast is for you! In This Show, We Cover: How to use real estate to quit your job, the smart way! How Mehran invests in real estate from 2000 miles away How to use BiggerPockets to invest in markets you are unfamiliar with  Using to

Today on the BiggerPockets Podcast we jump straight into the nitty-gritty with a real estate broker, investor and property manager from the greater Chicago area. Mark Ainley brings a fresh perspective on how to successfully invest in lower-income rentals and goes deep into the details of everything you’d need to know, covering acquisition to rehab to management, straight out of of his experience investing in the notorious South Side Chicago area. Today’s show also gives great insight on the in’s and out’s of Section 8 housing, the program that has the government paying a portion (even up to 100%) of the rental income for the tenant. Mark also covers a lot of the managerial secrets behind being a successful property management company and gives you specific criteria on how to vet property managers. This show is really meaty so be sure to grab a pen and paper for notes… and with that, let’s jump into it! In This Show, We Cover: How to build a real estate company from your mom’s basement. “Cash-for-keys” – an

On today’s episode of the BiggerPockets Podcast, we have Phillip Vincent, an acquisition specialist who hails from the St. Louis, Missouri area. Phillip is part of a large real estate investment firm, handling all the ins and outs of getting properties under contract. This week’s podcast goes into great detail on how to interact with distressed homeowners, how to generate leads from the high-end price points  and walks you through the best way to handle Probate leads. Additionally, Phillip is particularly knowledgeable in wholesaling and shares excellent insight on exactly what you need to do to get started in real estate, ethically. This is an action-packed show, so let’s get into it! In This Show, We Cover: Powerful and unique lead generation The benefits of having a real estate team How to flip a $1,000 house How to actually purchase in high-end markets How Phillip lost $200,000 on a spec build Time Capsule Homes and why they make great investments Using SEO and PPC to get deals A snapshot of the l

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who is absolutely CRUSHING IT in a very unique niche. Grant Kemp, from the Dallas Area, got his start in real estate only 2 years ago and already has hundreds of transactions under his belt, and regularly purchases 6-15 properties a month! On the show today, Grant shares with us the dirty details on his business and shows how YOU can start capitalizing on more leads, make more income, and spend less (or even none) of your own money to make it all happen! The best part is: Grant’s strategy relies on generating profits from leads that most real estate investors simply throw away by utilizing subject-to purchases and mortgage wraps! Don’t miss a second of this incredible interview and prepare to have your mind blown! In This Show, We Cover: What “Subject To” investing is, and how you can use it to acquire properties for little to nothing down. What a wrap-around mortgage is How to protect yourself from the ‘due-o

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who is a successful wholesaler and rehabber out of the Grand Rapids, Michigan area.  Brandon Krieg shares his insights on how he transitioned out of a full-time job to become a full time real estate investor and shares some incredible insight for others who are thinking about making the leap themselves. During the show, Brandon speaks on the importance of integrity in business and the priority of taking care of family and then continues on to shed light on his innovative marketing tactics, that has him averaging a 15-25% response rate with direct mail! Whether you are a new investor struggling to figure out how to generate deal flow or struggling with making the transition from part-time real estate to full-time or you’ve been investing for years and need some marketing tips to take you to the next level, this is the show for you. In This Show, We Cover: How to transition from a full time job you hate to full ti

Today on the BiggerPockets Podcast we sit down with real estate investor Mark Ferguson to talk about his adventures in flipping and renting single family homes in the Colorado market. Mark is truly a real estate superhero: managing a real estate sales team, flipping houses, making offers, being a landlord, and writing about real estate all while working less hours than the normal employee (all while also having twin toddlers at home!) Mark has truly mastered the art of delegation, team building, and using systems to stay on track and find success in his business – and he shares all his secrets with us today, so don’t miss a second of this incredible show! In This Show, We Cover: Should you get your real estate license? Tips for buying properties on the MLS Using electronic signatures to get more deals Why Mark doesn’t buy multifamily properties How to find a niche and strategy for your investment business Finding the “sweet spots” in your market Working with Portfolio loans When should you hire an emp

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who wasn’t seeing a lot of action in his business – until a friend challenged him to take his investing seriously and start treating it like a business. Our guest today, Tim Gordon, accepted the challenge, changed his approach, and his business took off! Several short years later, Tim Gordon runs a successful investment business that focuses primarily on finding and wholesaling incredible deals in a competitive market, making tens of thousands of dollars every month in his business while still working a day job. Tim shares with us the lessons he learned to overcome inaction and the steps needed to consistently fill his pipeline with deals worth tens of thousands of dollars. Whether you are a new investor struggling to get your first deal, or you’ve been investing for years and need a motivational kick to take your business to new levels, this is the show for you. In This Show, We Cover: How Tim used BiggerPocket

On today’s show, we sit down with real estate entrepreneur Michael Blank to talk about his journey from a successful house flipping business and his entrance into apartment buildings… and the systems needed to run his investments well. Michael is a business entrepreneur through and through and today we get to talk about everything from getting started, investing with no money, working with (and as) a wholesaler, and even hear the story of the professional tenant that almost destroyed Michael’s investment career! This show is packed with useful, actionable tips, so don’t forget your pen and paper on this one… you are going to need it! In This Show, We Cover: How Michael started his investing journey by flipping dozens of houses per year Why building up a network of wholesalers is important How Michael raised money to fund his flipping The “magic question” to ask when raise private money Michael mistakes and successes when getting started Developing a great real estate team Using virtual assistants in yo

Working a full time job while investing in real estate is not always easy – but as our guest today shows us: it’s totally possible. On today’s show we chat with Josh Sterling, a real estate investor who has built up a portfolio of fifty units (complete with rehabs and doing his own management) all while working a full time job. Discover the tricks, tactics, and systems that Josh has used, as well as an inside look at his creative finance methods to acquire these properties. This show is definitely one that people will want to come back to time and time again! In This Show, We Cover: Why doing things “the typical way” may not have been the right path Investing when the bank says “no.” How Josh used credit cards to buy his first few properties Portfolio lenders: the best technique for finding one Using a blanket loan to buy and sell real estate Using the 2% rule to screen for great properties How Josh managed his real estate business while having a full time job How Josh finds deals  Using Homepath Mor

Today on the BiggerPockets Podcast we are thrilled to bring back one of the most popular guests we’ve ever had, J Scott. Last time we dug into the process of house flipping, but today we dig much deeper into the “business” of real estate investing and explore ways to automate your real estate investing business so you can spend less time working and more time doing the things you love. We also learn all about J’s venture into house flipping at a distance as well as his foray into spec building (and the lesson’s he learned… and things you should avoid!) This show is incredibly inspiring and can help any new or seasoned investor improve their game – especially the 5 tips for automating your business, found toward the end of the show! In This Show, We Cover: How J chose his location for long distance flipping The difficulties of rehabbing at a distance Incredible tips for finding great people to work for you Why J’s advice is “don’t trust anyone…” Getting bids on your work the easy way How to make the perm

Managing tenants can be a real pain. Trust me. However, on this episode of the BiggerPockets Podcastwe sit down with a full time property manager to talk about the business of managing tenants – and discover ways to make it easier and more profitable for YOU. Today Phil Dwyer from the Las Vegas area shares with us his story of becoming a real estate appraiser and transitioning to a successful property manager. In addition, we also discuss the best strategies for finding and managing the best property managers. If you have any rental properties – or ever plan to – this is a “don’t miss” episode! In This Show, We Cover: Dealing with FHA buyers Where to buy – appreciating areas vs. declining areas Finding a great property manager Why Phil chose Vegas to build his business Getting started by working a job in real estate  The most difficult part of investment property management? How to know if you are getting ripped off from your management company. The #1 best way to know how your tenant will act for you

Change is good, right? We hope so – because in this episode of the BiggerPockets Podcast, we change a lot of things up and invite you to come sit in the BiggerPockets digital coffee shop and listen in on a fascinating discussion! For the first time, we bring back a previous guest on the BiggerPockets Podcast to move beyond “their story” and dig into the dirty details on a very popular and important topic: multifamily rental properties. Today Ben Leybovich, who shared with us his powerful journey almost a year ago on episode 14 of the BiggerPockets Podcast, is going to talk with us about what it takes to succeed as a multifamily investor – looking beyond the numbers and truly investing in the right kind of properties. As I said- this show is a little different. Rather than just an interview, we decided to make this episode more of a “conversation” between Ben, Josh, and myself – discussing (and often loudly debating) everything from “what kind of properties to buy,” “what kind of location someone should buy in

Today we are pumped to bring you one of the most exciting conversations yet on the BiggerPockets Podcast when we sit down with Serge Shukhat, a real estate investor from the Arizona area who is absolutely crushing it in real estate. Serge started with no rental properties just four years ago but has quickly built up a sizable portfolio with a mix of both single family and multifamily properties using creative finance methods and using the cash flow to quit his job. On this show we cover everything from getting started, choosing single family versus multifamily, tricks for dealing with tenants, increasing the value of your properties, and a ton more. This is definitely a show you’ll want to take some notes, so get ready to have your mind blown! In This Show, We Cover: How Serge got started while working full time How an Umbrella Policy can reduce your risk Landlord responsibilities vs. tenant responsibilities What kind of legal entity Serge uses Overcoming bad deals by “Doubling Down” How a competitive a

Most of the guests we’ve had on the BiggerPockets Podcast have specialized in one niche of real estate. However, not all real estate investors focus on just one field. Today we want to shake things up a bit and introduce you to a relatively new investor who took 10 years to get his first deal… but has been on fire ever since engaging in numerous different real estate niches and crushing it in his business. Paul Tschetter, an investor from Washington State, shares his diversified real estate strategies and explains how we went from nothing to over a dozen deals in the past several years. From manufactured homes to vacation rentals, commercial, and more- there are an unbelievable amount of great actionable tips in today’s show. Definitely don’t miss a second of this motivation and insightful conversation! In This Show, We Cover: Getting started by working a job in real estate  Why Paul started investing with a free manufactured home How much Paul pays for handymen How to get infinite returns with your inves

For anyone who’s flipped a house before, you understand how much work it can take. However, today’s guest is not only flipping one house – but three all at the same time while still working a full time day job. Today Justin Silverio, an investor out of the Boston Massachusetts area, shares with us a ton of tips about getting started, building systems to manage your business, working with partners, wholesaling, and a whole lot more. In This Show, We Cover: Why it took Justin three attempts to get into real estate How Justin overcame “Analysis Paralysis“ Making less than minimum wage on the first flip The 5 documents you need to get from your contractors How a contractor stole from Justin and his business When it’s okay to make nothing on a flip Building a business plan to help you succeed Direct mail marketing to motivated sellers Partnering with others when flipping houses How Justin can flip three houses, at the same time, while working a full time job Tackling HUGE rehabs as a newbie And LOTS mo

The sand between your toes, the soft roar of the waves crashing on the beach, the beautiful people sunbathing on the shore. If this is your vision of a vacation rental… it’s about to change! In today’s episode of the BiggerPockets Podcast, we chat with vacation rental expert Matt Landauabout getting started as a vacation rental investor and building a scalable (and profitable) business around leasing rental properties to nightly guests in great vacation areas. Matt shares a ton of great tips, tricks, and skills to help you learn more about this fascinating – and largely misunderstood – niche of the real estate space. Additionally, Matt shares some really great tips for any landlord to decrease vacancy rates and increase profits in your real estate business, so no matter what kind of investing you currently engage in, this episode is bound to help your business improve! So grab a beach chair, make yourself a piña colada, and  sit back and relax… it’s time to take a vacation! In This Show, We Cover: What is a 

Dealing with tenants can be a pain… which is why on today’s show we’re going to go beyond tenants and look at some “no-tenant” methods of investing in real estate. Specifically, we’re going to talk with real estate investor Ankit Duggal about his journey from real estate agent to syndicator to house flipper to landlord and finally to tax lien investor. Ankit has a great story and offers hundreds of great pieces of advice on this show perfect for both the new investor or someone looking to add some new skills to their investor tool belt! In This Show, We Cover: Getting started at a young age Transitioning from Agent to Investor How Ankit financed his early investments using other people’s money Your three circles of influence for raising money The three team members you need before syndicating Investing with close family members What is a tax lien and how (and why) to buy one. Earning 18% on your money through Tax Liens Why tax liens have almost no risk How to do your due diligence on a tax lien And

Simply put – this podcast could change your financial life. You see, a banker can be your best friend or your worst enemy when trying to invest in real estate, as a great loan can mean the difference between long term success and failure. This is why we are super excited to introduce you to Jimmy Moncrief (your new best friend!) on the BiggerPockets Podcast today. Jimmy is a commercial bank underwriter as well as a real estate investor, so he has a unique insight into the mind of a bank – especially involving real estate investing. . Jimmy is going to share some incredible, actionable tips that any investor can start using today to get your bank to say “Yes” to your next financing request. In addition, Jimmy offers some unique tips for finding great FSBO deals and getting into your first deal. This show contains so many tips and ideas to help you do more deals, get better financing, and change your future – so grab your pen and paper and set aside the next hour for a truly remarkable show. Read the transcript

How much money does it really take to buy a rental property? $200,000? $100,000? $75,000? On today’s show, we are going to chat with Lisa Phillips, a real estate investor who buys real estate in the under-$30,000 range and achieves some incredible cash flow from her mostly-passive investing. Lisa shares some amazing insights into how she went from a personal foreclosure to owning several rental properties – bypassing the banks and investing creatively. If you are someone who is looking to get started investing with real estate investing without spending hundreds of thousands of dollars – this is the show for you. Read the transcript for episode 54 with Lisa Phillips here. In This Show, We Cover: Investing in real estate while navigating the instability of day jobs How going through a foreclosure changed Lisa’s financial future… for the better Knowing when to call it quits Tips for negotiating with creditors What makes motivated sellers attracted to a certain real estate investor? Tips for defining a goo

On today’s episode of the BiggerPockets Podcast we have an incredible chat with financial planner, real estate investor, and an all-around great guy – Jason Hull. Jason has a great story of how his early mistakes led to his conservative but effective strategy of building wealth through rental property… all without the use of leverage, loans, or doing any labor. Jason has some terrific insight into the way our human behavior causes us to act and invest, – so don’t miss this entertaining and informative show that will have you looking at your real estate in a whole new light. Read the transcript for episode 53 with Jason Hull here. In This Show, We Cover: Getting over-extended with his first deals and facing the housing collapse The “Oh Crap” backup plan The only two ways to make money in real estate Separating your skills from what the market is doing Getting “lucky” in real estate Getting to “P.I.R.E.” = Passive Income, Retire Early Why Jason doesn’t use leverage (mortgages) How to find an awesome pro