The Biggerpockets Real Estate Investing Podcast

On today’s episode of the BiggerPockets Podcast, we talk with one of the most influential voices in the real estate investing world today – Ken McElroy. Ken, the author of The ABC’s of Real Estate Investing and several other influential books, shares his story of getting started with nothing and building up a real estate investment company with thousands of units and hundreds of employees. Ken has a lot of great advice and knowledge for people at all stages of their investing careers, and shares it in a fun, entertaining manner. On today’s show we’re going to talk a lot about getting started, raising capital, and investing in large apartment complexes for big wins. Don’t miss a second of this exciting show! Read the transcript for episode 52 with Ken McElroy here. In This Show, We Cover: Getting started with no money – through property management Why should someone invest in multifamily properties? Using other people’s money to invest in real estate Investing at a distance vs. investing locally Determini

On today’s episode of the BiggerPockets Podcast, we cover a huge range of really important topics with real estate investor Mike Sherwood, including investing while holding a full time job, working with a partner to grow quickly, getting started with a small multifamily property, and a lot more. Mike has invested in the Buffalo, NY for several years now, doing both rentals and is getting into fix and flip, so he has a ton of insight for both those just getting started and for those with a lot of experience already. This show has so much good information and helpful tips for any real estate investor, this is going to be one you’ll want to listen to over and over just to make sure you get all the great nuggets out of it. Read the transcript for episode 51 with Mike Sherwood here. In This Show, We Cover: Buying a small multifamily to live for free The secret to living next door to your tenants Training your tenants When is an emergency an emergency? Managing your own properties vs. hiring a property manager

On today’s episode of the BiggerPockets Podcast, we sit down and talk about the best ways to get started with real estate investing, as well as some killer tips for investing without using your own money. From picking a niche, overcoming analysis paralysis, and a lot more – our guest, Mike Simmons, will share his story of overcoming obstacles and becoming a full time house flipper in the Metro Detroit area. Mike has a great story and an incredible strategy for flipping houses using no money of his own, so whether you are brand new or have been investing for years – you don’t want to miss Mike’s creative advice. Read the transcript for episode 50 with Mike Simmons here. In This Show, We Cover: Overcoming “shiny object syndrome” and “analysis paralysis” Losing $1000 on his first “almost deal.” Finding contractors without losing your hair Dealing with Detroit investing Why Mike had to evict a squatter who broke into his property Finding good deals in any market Using social media to attract private money

In today’s episode of the BiggerPockets Podcast, we are going to talk about something you may think is a bit boring… taxes.. BUT WAIT! Perseverance  Before you move on to go watch the latest episode of Dancing with the Stars… I promise you this interview isn’t going to bore you to tears, but in-fact could potentially save you thousands of dollars this year alone on your upcoming tax bill. Today, real estate investor and CPA Amanda Han is going to bring a TON of really great tips and advice to help you make sure you are making, and keeping, the most wealth possible. Additionally, this show is one of the most fun interviews we’ve done on the Podcast, so it definitely brings the once-boring topic of tax planning to a whole new entertaining level. No matter what stage of investing you are in – you definitely don’t want to miss this incredible show. Read the transcript for episode 49 with Amanda Han here. In This Show, We Cover: How to find a good syndication deal Important tax changes YOU need to know for 2013

On today’s episode of the BiggerPockets Podcast, we talk with real estate investor Darren Sager about his fascinating business model involving buy and hold real estate, live-in flips, and managing properties with minimal hassle. This show is crammed full of awesome, actionable ideas, tips, and lessons – so don’t miss a second of it! Read the transcript for episode 48 with Darren Sager here. In This Show, We Cover: The college professional who got Darren started When to use the 1% rule How Darren bought his first property for almost nothing down The $400,000 live-in flip The #1 most important characteristic Darren looks for in properties The secret to renting property to people with children How to save thousands of dollars using YouTube. And a whole lot more Links from the Show The Real Estate Agent’s Ultimate Guide to Working with Investors by Brandon Turner How I Found, Analyzed, and Bought an Ugly Purple Rental Property Brandon Bought a “Waldo” Rental Property…. But Should You? Allure Vinyl P

How do you like the idea of making double digit returns while not needing to lift a finger with your investments? If so – this is the show for you. On this 47th episode of the BiggerPockets Podcast we sit down with commercial real estate investor and broker Joel Owens to learn strategies for getting started with commercial real estate investing. From apartment complexes to NNN lease investing and a lot more, this show is packed full of tips for investors in all walks of life. In This Show, We Cover: How Joel got his start… from Pizza Owner to Apartment Broker/Buyer Joel’s first investment… that turned bad quickly What makes an A, B, C, and D neighborhood How much does it really cost to buy commercial real estate? Should someone start with apartments or single family properties? Where to find apartment complexes and other commercial properties How to determine the value of an apartment How to carry out the “Value Add” strategy No money down commercial investing? Carrying a second mortgage when sellin

On today’s special Thanksgiving Day show, we sit down with one of BiggerPockets’ most active members and biggest success stories, Jon Klaus. Jon has flipped homes, built new properties, rented homes, and done a huge variety of other activities in the real estate space. Not only is Jon an incredibly nice guy, he’s also one of the smartest investors you’ll ever hear from. Don’t miss a second of this powerful show, where we cover everything from marketing for killer good dealsoutside of the MLS, arranging financing for your deals, getting started with no money, and even a step by step journey through a six-figure spec build. Read the transcript for episode 46 with Jon Klaus here. In This Show We Cover How Jon got started…using lawn mowing money Mistakes Jon has made involving War Zones The 7,000 sq ft house flip The 2% Rule – what it is, when to use it When to change your strategy The secret for beating other investors with great deals How to market for incredible deals How a single trees can cost you ov

On today’s episode of the BiggerPockets Podcast, we cover a huge variety of really interesting topics with real estate investor Tom Sylvester (yes, that rhymes!) Tom has been investing in the Rochester, NY area for several years and has a great perspective on getting started, building systems to manage your business, investing in rural areas (or as Brandon says, “rrrrrurrral”,) and a whole lot more. Don’t miss a second of this excellent interview! Read the transcript for episode 45 with Tom Sylvester here. In This Show, We Cover Tom’s early lessons The advantages and disadvantages to rural investing Finding mentors and networking Talking with your spouse about getting started with real estate Getting started with real estate at a young age When is the right time to quit your day job? Red flags for problem tenants The $10 Toilet part that could have saved Tom hundreds of dollars And much more. Links from the Show Investing in Rural Markets: The Secret to Real Estate Investing Success? The Top 100 W

Trying to investing in real estate while holding a full time job is tough – but trying to flip houses can be even tougher. From dealing with contractors to finding money to getting the deals in the first place – flipping often feels like a full time job in itself. Luckily, today we talk with someone who is doing all those things while working a demanding day job – and finding great success at it. Michael Woodward sits down with us today to show us the systems he uses to balance both his house flipping with the rest of his life – all while maintaining a full time job. Whether you are a flipper, wholesaler, or Buy and Hold investor – you don’t want to miss this great interview on systemizing your business. Read the transcript for episode 44 with Michael Woodward here. In This Show, We Cover Why Michael quit his job – but ended up going back into a full time job again When’s the right time to quit your job? Failure – when it’s necessary Learning the tough lessons about doing your own work One trick to help

On today’s episode of the BiggerPockets Podcast we sit down with real estate investor Shaun Reilly to talk about a wide range of topics – from getting started while living in an expensive area to wholesaling, putting in offers, flipping houses, buy and hold, and a lot more. This interview was a ton of fun to do and there are so many great nuggets of information that anyone who listens will walk out with skills they can apply to their real estate investing business. Read the transcript for episode 43 with Shaun Reilly here. In This Show, We Cover: How to start investing when properties are super expensive The benefits and pitfalls of investing in condos How Shaun got his first successful flip from a failed wholesale deal Investing in real estate with a credit card Shaun’s direct mail campaign – and how he got the list for free Tips on working with real estate agents Offering on HUD Properties Offering on hundreds of properties to see what sticks The mistakes Shaun has made in his real estate investing

The concept of wholesaling still confuses a lot of people – and learning how to do it correctly to make great income confuses even more. Luckily, today on the BiggerPockets Podcast we are going to sit down with a wholesaler who is crushing it with his amazing wholesaling business. Mike Nelson is going to take us inside his business and show us how he is generating huge profits through systems that you can start to implement in your own business today. From marketing to outsourcing to partners and more – this podcast will take you from wholesaling newbie to pro in just an hour. Don’t miss this show! Read the transcript for episode 42 with Mike Nelson here. In This Show, We Cover How Mike lost 2k on the first deal Partnering with others while wholesaling Virtual wholesaling Mike’s exact process for wholesaling a deal Postcards vs. Yellow Letters The one direct mail tip that blew Josh and Brandon away! Tips and tools for finding missing homeowners How to hire a Virtual Assistant to help you in your busin

On today’s episode of the BiggerPockets Podcast, we are excited to bring you a fascinating interview with real estate investor Douglas Larson. Douglas has been investing for over 15 years, doing everything from flipping, buy and hold, lease options and more. Additionally, Douglas has some great stories of working for several weeks on a Guru sales floor, and sheds new light on the shady sales world that we, at BiggerPockets, stand so strongly against. You definitely don’t want to miss this entertaining and informative show! Read the transcript for episode 41 with Douglas Larson here. In This Show, We Cover How Douglas started investing in an expensive location Tips for starting while working a full time job How to encourage your spouse to support your REI dream Tips for bidding for properties in online auctions “Scandal” in the online auction world Working with your spouse in a real estate business Lessons learned while working the “Guru” sales training Tips for dealing with contractors and keeping the

Today’s episode of the BiggerPockets Podcast is a little different than normal – in a great way. To celebrate the 40th episode of the Podcast, Brandon and Josh spend an hour sharing their top forty tips for buying your first – or next – investment property. These tips range from marketing to working with agents to investing with a full time job and a whole lot more. Whether you are brand new or are an experienced investor, a flipper, wholesaler, or buy and hold investor – these tips are going to help you build your business and close more deals, faster. Read the transcript for episode 40 with Josh & Brandon here. In This Show, We Cover: Working with investor friendly agents Finding and lining up financing The 50%, 70%, 1%, and 2% rules Tips for inspecting property Finding deals that are “off market” Direct mail tips and tricks Negotiation Tips Hiring property management Investing in real estate with a full time job and a whole lot more! Special Thanks to This Week’s Sponsor We just want to give a s

Today on the BiggerPockets Podcast, we sit down with Seth Williams, a real estate investor from Michigan, who shares with us his story of finding and flipping vacant land. Although land is often view negatively with investors, the strategies Seth uses will definitely increase your awareness (and desire) for investing in vacant land. In addition, Seth shares his secrets for marketing and speaking with motivated sellers, as well as offering some great tips on generating leads online. This show is packed with ideas and strategies you’ve probably never heard of – so definitely don’t miss a moment of this interview. Read the transcript for episode 39 with Seth Williams here. In This Show, We Cover How to “Flip” land for dirt cheap Why people sell land for pennies on the dollar Selling properties via Craigslist Buying 3 lots for $150 Marketing through direct mail How to buy lists directly from the county Two places to buy your leads The postcards that give Seth the best leads Dealing with angry phone calls

On today’s episode of the BiggerPockets Podcast, we want to dive into some really great buying strategies for picking up properties for the best deals. Our guest today, Travis Daggett, leads us into some really interesting and high level techniques that any investor, new or seasoned, can immediately apply to their own business. From buying HUD properties to bidding at the Courthouse steps – this show is chalked full of actionable advice. Although Travis is primarily a wholesaler, his story and knowledge on buying great deals can help any house flipper, buy and hold investor, wholesaler, or any other real estate investor. Definitely don’t miss this show. Read the transcript for episode 38 with Travis Daggett here. In This Show, We Cover The “failed” early experiences that helped define Travis’ future investing How Travis made 5 figures on his first wholesale deal The benefits (and downsides) of buying a HUD house How to “shotgun” offers on real estate deals Strategies for bidding on the “courthouse steps”

Not all real estate investors need to work 80 hours a week to put food on the table and build their wealth. On today’s episode of the BiggerPockets Podcast we are excited to introduce you to Aaron Mazzrillo, a real estate investor from the Southern California area who makes a great full time living with just 4 to 5 hours of work per day. Aaron’s smart strategies for wholesaling, buy and hold, and flipping are fascinating and will give you an entirely new perspective on building wealth through real estate – while enjoying every moment of it. Read the transcript for episode 37 with Aaron Mazzrillo here In This Show, We Cover How Aaron was able to quit his job through real estate Investing in expensive areas Finding properties through wholesalers Negotiating with sellers and cash buyers Aaron’s exact direct mail strategy Why wholesaling isn’t the best strategy for starting out Advanced methods for structuring no-money down deals How to really determine expenses on a rental Dealing with tenants without l

On today’s episode of the BiggerPockets Podcast, we look at the topic of landlording and get some great advice from long-time landlord Kevin Perk. Kevin is a very successful investor from the Memphis area and has a real good grasp on finding and dealing with tenants as well as some unique methods of financing his properties, getting rid of bad tenants, and building wealth. There is a lot of really great tips and advice for anyone looking to grow their buy and hold real estate business. Read the transcript to episode 36 with Kevin Perk here. In This Show, We Cover: How Kevin finances dozens of properties with creative financing Private lending and methods to use commercial financing to invest Making offers that get accepted The three things that turn a landlord into a slumlord – and how to avoid them Online technology to help attract and manage tenants Signs of future bad tenants How to fill vacancies during the holiday season The best and worst parts of being a landlord Real estate clubs: determining

On today’s Podcast, we sit down with blogger, investor, BiggerPockets contributor, and perhaps “the most interesting woman in the world”- Paula Pant. Paula has a unique perspective on personal finance that is helping her build a strong buy-and-hold portfolio while maintaining freedom and mobility that most only dream of. This interview is sure to fascinate, entertain, and give some great real estate investing advice that you can use in your own life. Read the transcript to episode 35 with Paula Pant here. In This Show, We Cover How traveling the world for two years led Paula to real estate Tips for managing tenants while on vacation How to avoid “creative accounting“ Paying yourself when managing your own properties Paula’s definition of “financial freedom“ Why pinching pennies might actually hurt you What “Lifestyle Design” is – and how to do it How to quit your job and start living a life you want Tips for saving for that first rental Benefits of blogging about your investing Links From the Show

Many investors find themselves trapped by a heated market – but today’s guest shows that it is fully possible to invest in real estate – even in a hot real estate market. Anson Young, who lives in the Denver area, joins us today to chat about finding great deals locally and virtually, as well as tips for working with agents, dealing with assignments, and a whole lot more. Anson is a fun guy who has a ton of awesome tips to share with everyone, so don’t miss today’s show! Read the transcript to episode 34 with Anson Young here. In This Show, We Cover The “crap jobs” that led to Anson’s real estate investing career How Anson partnered on his first deal without doing any labor Finding great deals on the MLS How Anson finds the best neighborhoods to invest in How to wholesale virtually What to do if you don’t have direct MLS access Using the “Short Sale Time Machine” to build equity How to get around the “non assignment” clause when wholesaling bank repos Mistakes made by Anson when getting started And

On today’s episode of the BiggerPockets Podcast, we sit down with a relatively new investor who is absolutely crushing it as a flipper and wholesaler – Sam Craven. Sam has an incredible story of learning to fight through the initial problems that all new investors face and achieving a lot of success while investing during his weekends and evenings. Sam has a ton of great tips on marketing, making a plan, running an investment business, and a lot more. Don’t miss this show! Read the transcript to episode 33 with Sam Craven here. In This Show, We Cover Working with family without killing each other Closing 27 deals during the first year in business Getting leads with direct mail Investing while holding a full time job Partnering with other investors when first beginning How to lower your direct mail response rate … and why you want to Tips on online advertising Making a plan for future growth How to stand out from the “bad wholesaler” crowd How to build a sophisticated buyer’s list How to handle majo