darwinbigelow
Darwin Bigelow
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524: 3 Sales Secrets That Will Help You Close Your First or Next Deal
A decade ago, Chandler David Smith was a broke college student. After searching for jobs, he was given the opportunity to try his hand at door-to-door pest control sales. The first week went slow, and he wasnât able to close on a single sale. But, by the end of the summer, he had crushed the rookie sales record and walked away with $96,000 worth of commission.
But now Chandler had a problem: too much cash and nothing to do with it. His friendâs father convinced him that real estate investing may be the best place to park his extra cash, so he did just that. Chandler bought a condo for $73,000. It wasnât a great deal and he made some big mistakes, but it sparked a fire under him that allowed him to grow his portfolio to over three hundred units, through small multifamily, large multifamily, and self storage.
Itâs no coincidence that Chandler succeeded in real estate with his sales background, since finding off-market deals, negotiating with sellers, and raising rents all require you to sell something to someone. If you can capitalize on some of these sales secrets that Chandler discusses, you may too have a far easier time locking down phenomenal deals.
In This Episode We Cover:
The verbal and visual cues that show a sales prospect youâre trustworthy
Why those that can handle rejection succeed not only in sales but in real estate
Following the âsales logicâ of preface, feature, and benefitÂ
The huge advantage of investors buying âmid-pricedâ properties
The differences between owning small multifamily, large multifamily, and self storageÂ
Developing your property management team and using them to scale your portfolio
And So Much More!
Links from the Show:
Brandon Turner's Instagram
David Greene's Instagram
Chandler David Smith's Youtube Channel: How Brandon Turner Changed My Life (Full Interview)
AJ Osborne Website
Tim Ferriss Website
Garrett Myers Instagram
GoBundance
BiggerPockets Webinars
BiggerPockets Pro Membership
MLS (Multiple Listing Service)
Craigslist
Facebook
Youtube
Check the full show notes here: https://biggerpockets.com/show524
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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523: Meet Max Maxwell: Broke at 30, Millionaire at 33 | 'Takeover' Ep w Nasar
You wouldnât know how far Max Maxwell has come at first glance. Looking at his Instagram, youâll see private planes, a wealth of knowledge on real estate, and seriously shiny Rolexes. Not many people know that only a number of years ago, Max was broke, without enough money to fill up his car with gas, and sleeping at his momâs house after ten years of failed businesses.
Max tried everything from running a property management company, to marketing, to managing a restaurant, and many other ventures. None of them truly stuck, causing Max to go from state to state, trying to find a successful business model that would make him wealthy.
Now, Max is well known as a master in wholesaling, rental property investing, and philanthropy. He has always made an effort to help those in need and even went to Ghana with todayâs host, Nasar El Arabi. These North Carolinian investors have truly gone from rags to riches and have been able to find meaningful, lasting success through real estate investing.
In This Episode We Cover:
How to get your start in real estate investing without any moneyÂ
Finding yourself at the bottom and pushing yourself up to the top
Finding, skip tracing, and marketing your first deal as a wholesalerÂ
The âconveyor beltâ system of off-market deal-finding
Why every great real estate investor MUST be able to spot good deals
Jumping into a new niche, even as an experienced real estate investor
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
Brandon Turner's Instagram
David Greene's Instagram
BiggerPockets Podcast 522: From âNo Comma Paychecksâ to 7-Figures Using These 5 Skills w/ Nasar El Arabi
GQ Magazine
Vogue Magazine
Barnes & Noble
REISkip
REIRail
BiggerPockets Conference
BiggerPockets Pro Membership
Real Estate Doru's Instagram
Real Estate Doru's Website
Real Estate Doru's Youtube Channel
Check the full show notes here: https://biggerpockets.com/show523
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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522: From âNo Comma Paychecksâ to 7-Figures Using These 5 Skills w/ Nasar El Arabi
Nasar El-Arabi is a self-proclaimed âfailureâ when it comes to being employed. He wasnât cut out for the banking industry, the call center, or the classroom. Some people arenât meant to be employed, and Nasar was one of them. As soon as he was able to get his start in real estate investing, he realized that this was a path that could help him succeed, all while challenging him in ways the W2 world didnât.
Nasar has been wholesaling, flipping, and landlording for over a decade. He has amassed a seven-figure net worth, due to his sweat, grind, and problem-solving. Nasar has put together his list of the five most important traits of any successful real estate investor. These traits arenât what youâd hear at corporate, and they require those who are interested in investing to put in the time, energy, and creativity to thrive.
If youâre interested not only in real estate investing, but becoming a full-time investor doing what you love, make sure you pay careful attention to Nasarâs advice. While these arenât traits you can simply switch on or off overnight, they are things that you can develop over the years you are investing, which can help you build wealth, reach financial freedom, and give you the life youâve dreamed of.
In This Episode We Cover:
How to invest in real estate while making a median incomeÂ
Diversifying your portfolio so you have multiple exit strategies and streams of income
Why every investor needs to âbecome a rookie all over againâ
Using creative financing to structure deals that benefit the buyer and seller
Leveraging partnerships to find cash, divvy up responsibilities, and purchase more real estate
Owning a business and learning the skills that every leader needs to succeed
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Publishing
BiggerPockets Bookstore
Brandon's Instagram
Davidâs Instagram
BiggerPockets Podcast 116: How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar Elarabi
BiggerPockets Podcast 500: Robert Kiyosaki: Americaâs âRich Dadâ Sees a Real Estate Crash Coming
BiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal Newport
Click here to check the full show notes: https://www.biggerpockets.com/show522
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Ryobi Thickness Planer is One Smooth Operator
The 12 1/2âł Ryobi thickness planer was recently released and I was lucky enough to receive one from team Ryobi to evaluate. The timing was good as I had recently gone back to a local Amish shed builder and restocked my supply of rough cut hemlock boards. They are all 6âł x 1âł full dimension
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521: Leukemia & Bankruptcy to Retired with 250 Units in 7 Years
People often tell each other to âstay positiveâ in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but itâs exactly what helped Jeffrey Holst fight cancer, get out of bankruptcy, and retire in only seven years. Once Jeffrey committed to having no bad days, he was able to either change his day that was going poorly or see the positive in everything around him.
This philosophy helped him spur on new relationships, find new partners, and close on deals creatively. It was never âwe canât close on thisâ for Jeffrey, it was âhow can we close on this.â He uses what he likes to call the âsideways eightâ strategy that allows him to have infinite returns when investing, all while giving his partners and private lenders a sizable profit.
Jeffrey also talks about seeing the positive attributes of negative situations, and how he was able to leave his job as a lawyer and hit financial freedom due to his cancer diagnosis and later bankruptcy. If Jeffrey was able to dominate the multifamily market with an underwater net worth, think of what YOU can accomplish in the world of real estate investing!
In This Episode We Cover:
Buying properties without credit, money, or experienceÂ
Creative financing strategies that allow you take tackle bigger and better deals
Fighting cancer and using hard times to fuel your successÂ
Managing a portfolio of two-hundred and fifty units
The âlast life philosophyâ and how it gives you a clear path to victoryÂ
Syndicating on a small scale to close multi-million dollar deals
Analyzing your market as a "boots on the ground" investor
And So Much More!
Links from the Show:
Carlton Sheets Real Estate Course Infomercial
Matt Faircloth's BiggerPockets profile
Tony Robbins' Website
Hal Elrod's Website
Four Reasons to Invest in Real Estate episode on the Old Fashioned Real Estate Show hosted by Brian Levredge and Jeffrey Holst
Feras Moussa of Disrupt Equity
BiggerPockets Podcast 488: From 4 Units to 2,000 and Why Large Multifamily âIsnât So Scary
Whitney Sewell of Life Bridge Capital
GoBundance
BiggerPockets Podcast 004: Commercial Real Estate Investing With Frank Gallinelli
BiggerPockets Radio Podcast 002: Starting Out with Karen Rittenhouse â Subject To, Direct Mail, and Investing from a Womanâs Perspective
Generational Wealth with Dr. Tony Pennells episode on the Last Life Ever Podcast
Akamai Coffee Website
Mike Tyson's Website
Arnold Schwarzenegger's Website
Shaquille O'Neal's Profile
Richard Branson of the Virgin Group
Check the full show notes here: https://biggerpockets.com/show521
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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520: $47k/Month in Rent, 0 Doors Owned | Rookie Takeover w/ Rafael Loza
The hosts look and sound a little different today. There are no beards and we havenât heard one metaphor containing jiu-jitsu lingo... Thatâs because Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast have taken over the BiggerPockets Real Estate Podcast! Ashley and Tony regularly talk about how rookies can get their first (or next) deal, but today theyâre combining expertise to talk about something more controversial: rental arbitrage.
Rental arbitrage is a form of subletting that allows long-term tenants to make massive cash flow off of short-term rentals. Someone whoâs done this to an extreme is Rafael Loza. Rafael was working the night shift as his W2 job when he found out about short-term rental arbitrage. He sat on the idea for a few months, but ultimately tried out the concept on an apartment. This one apartment took home a massive profit, allowing him to quit his job and scale to fourteen units in just nine months.
Now, Rafael has twenty-four active units, all grossing thousands of dollars a month in rent for him. Back in March of 2020, Rafael was projected to bring in forty-seven thousand dollars in revenue in one month alone. But, the pandemic hit, forcing him to pivot, switch strategies, and take advantage of the flourishing short-term rental market. He has his sights set on ownership, but now heâs simply raking in the short-term stacks.
In This Episode We Cover:
Rental arbitrage and why itâs a low-cost way to get into real estate investing
Short-term cash flow vs long-term appreciation and combining the two
The startup costs it takes to create an arbitrage empire
How to pitch landlords on using their properties for short-term rentals
Negotiating leases and adding a subletting clause to any lease you undertake
Pivoting when your business hits a wall and combing back stronger
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
Brandon Turner's Instagram
Tony's Instagram
Ashleyâs Instagram
Real Estate Rookie Youtube Channel
Airbnb
Vrbo
The Real Estate Rookie Podcast
Clubhouse
Check the full show notes here: https://biggerpockets.com/show520
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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519: 5 Keys to Becoming a Millionaire on Less Than $100k Per Year
You may know Ashley Kehr from the Real Estate Rookie Podcast, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to owning thirty-three long-term rentals, a short-term arbitrage property, two commercial units, and one mobile home park. Quite a diverse portfolio!
What makes this even more impressive is that Ashley wasnât coming into real estate with boatloads of cash. In fact, she and her husband have never collectively made more than six figures from their W2 jobs. So how does someone with a median income generate such a massive amount of cash flow, appreciation, and time freedom?
Ashley discusses the five fundamentals of real estate investing that led her to seven-figure net worth. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If youâre ready to supercharge your investing and go from rookie to rockstar, commit to the game plan Ashley has laid out!
In This Episode We Cover:
How to invest in real estate while making a median incomeÂ
Diversifying your portfolio so you have multiple exit strategies and streams of income
Why every investor needs to âbecome a rookie all over againâ
Using creative financing to structure deals that benefit the buyer and seller
Leveraging partnerships to find cash, divvy up responsibilities, and purchase more real estate
Owning a business and learning the skills that every leader needs to succeed
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Publishing
BiggerPockets Bookstore
Real Estate Rookie Youtube Channel
Real Estate Rookie FaceBook Group
BiggerPockets Rookie Podcast
Tony's Instagram
Brandon's Instagram
Davidâs Instagram
Real Estate Rookie Bootcamp
BiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr
BiggerPockets Podcast 500: Robert Kiyosaki: Americaâs âRich Dadâ Sees a Real Estate Crash Coming
Click here to check the full show notes: https://www.biggerpockets.com/show519
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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518: The Biggest Takeaways from BPCon 2021 | Live Host Panel from NOLA
Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.
On this live episode, your hosts, Brandon and David, are joined by Scott Trench, host of the BiggerPockets Money Podcast, Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.
Youâll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, whatâs working today (and what isnât), plus a live version of the Famous Four and Fire Round.
If you werenât able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!
In This Episode We Cover:
Whatâs âfiring upâ the hosts of the BiggerPockets Podcast Network?
What investors can do in todayâs market to ensure wealth tomorrow
Future trends that allow investors to profitably pivot
How BPCon helps connect investors, reshape ideas, and build wealth
How to vet partners before you go in on a deal with them
The top characteristics that contribute to your success as an investorÂ
Why you should definitely be at BPCon 2022Â
And So Much More!
Links from the Show:
NPR (National Public Radio)
Kevin Leahy's BiggerPockets Profile
Mark Ferguson's InvestFourMore
Wendy Papasan's LinkedIn Profile
Noah Evans's LinkedIn Profile
Rickey Rodriguez's BiggerPockets Profile
Your First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First Deal
Joe Asamoah's BiggerPockets Author Profile
AJ Osborne's Personal Website
Steve Rozenberg's BiggerPockets Profile
InvestHer's Partnership Question Guide
Meetup
Hal Elrod's Personal Website
Dave Ramsey's Personal Website
Cashflow The Board Game
Matt Faircloth's BiggerPockets Author Profile
BiggerPockets Calculators
The Real Estate InvestHER Community
Check the full show notes here: https://biggerpockets.com/show518
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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517: 5 Pitfalls When Buying These âCrazy Cash Flowâ Properties
Avery Carl is the go-to contact for short-term rental investing. Her business, The Short Term Shop and The Mortgage Shop not only helps find properties and secure loans for prospective short-term rental investors but also helps guide investors through their first vacation property purchase. While this type of property can be a cash flow king, it also takes more management and a bit more time upfront to get the system oiled and operating smoothly.
Since we last talked to Avery, sheâs quadrupled her portfolio from twenty-something short-term units to ninety-six units, sixty-one of which are large multifamily properties. Avery gives an in-depth analysis on why short-term rentals should hold a place in every investor's asset collection, and the common pitfalls investors go through when purchasing their first short-term rental.
If youâd like to learn more about building wealth through short-term rental investing, grab Averyâs brand new book Short-Term Rental, Long-Term Wealth!
In This Episode We Cover:
Why having short-term rentals can help real estate investors mitigate risk
How Avery added over seventy more doors to her portfolio in under two years
The wrong vs. the right questions to ask when buying a short-term rental
The five things people need to avoid when making their first STR purchase
Why you may want to âbear-proofâ your next cabin in the woods
Not being afraid to ask questions when investing
Why you should buy Averyâs new book Short-Term Rental, Long-Term Wealth
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl
BiggerPockets Publishing
BiggerPockets Bookstore
AirDNA
PriceLabs
Airbnb
Vrbo
Facebook Marketplace
Turo
Realtor.com
Vacasa
Craigslist
Amazon
Check the full show notes here: https://biggerpockets.com/show517
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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516: Are You an Asset or Liability to Those in Your Life? w/ Earn Your Leisure
Everyone knows that financial education is one of the most crucial things to teach children at a young age. It doesn't just set them up to be wealthy, but it gives them the tools to be confident, choose delayed gratification, and hopefully, impact another young personâs life one day. This is understood wholeheartedly by Rashad Bilal and Troy Millings, former financial advisor and school teacher.
What had started as a small classroom experiment in teaching children financial literacy turned into a media empire. Rashad and Troy shared their class teachings online, which pushed them to create a course for the kids, and later into the Earn Your Leisure podcast, where they talk about everything ranging from high-value financial concepts to sports to entertainment and more.
What keeps Rashad and Troy going is knowing that their work is allowing thousands of people to improve their life situations, whether children or adults. The duo not only talks extensively about the difference between financial assets and liabilities but about relationship assets and liabilities. This helps answer the question: whoâs helping bring you up and whoâs trying to keep you down?
In This Episode We Cover:
The importance of spurring on financial literacy for young kidsÂ
How to teach your children about money and examples you can use
The role that playing sports had in Rashad and Troyâs lives
Assets over liabilities and why you need to invest in relationship assets as well
Stocks, ETFs, multifamily, and cryptocurrency investments
Staying committed to your goals and following through
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Youtube Channel
BiggerPockets Conference 2021
BiggerPockets Agents Finder
BiggerPockets Insights
EYL Episode #63 Money Machine by Earn Your Leisure
Airbnb
Brandon's Instagram
Davidâs Instagram
OpenDoor Capital
Click here to check the full show notes: https://www.biggerpockets.com/show516
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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515: Your Step-by-Step Guide to Buying Out-of-State Investment Properties
Itâs not uncommon for investors to start out by buying properties in their home markets. It makes things like neighborhood research, rehabs, and tenant showings so much easier when youâre only a short drive away from your property. Thatâs how Dave Meyer, VP of Data and Analytics right here at BiggerPockets, feels.
Dave is currently living in Europe and has invested exclusively in Denver, where he used to call home. Now, as an entirely remote landlord, heâs seen the data on how many markets (like Tampa, Florida) are doing phenomenally for appreciation and rent increases. David Greene, out-of-state investor and the man who literally wrote the book on long-distance real estate investing is here to offer some much-needed council.
With David having the experience as an agent and out-of-state investor and Dave having robust housing data at his disposal, the two come up with some clear plans to invest in up-and-coming markets. David and Dave talk about cash flow, appreciation, wage growth, the investing âspectrumâ, and why so many real estate investors arenât planning far enough ahead.
In This Episode We Cover:
Cash flow vs. appreciation and which one matters most to you
Developing your investment strategy and picking markets where it works
Balancing the benefits of real estate investing and the investing âspectrumâ
What makes a market appreciate and cause rents to rise?
What to do once youâve found a great market to invest in
Questions you should ask every out-of-state agent and property manager
Where Dave and David are both looking to invest
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Conference 2021
BiggerPockets Agents Finder
BiggerPockets Insights
BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone
BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!
Zillow
Check the full show notes here: https://biggerpockets.com/show515
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Counter Intuitive â Quartz vs Granite Countertops
When deciding on the perfect countertop for a kitchen or bathroom, most homeowners will quickly narrow it down to one of two choices: quartz vs granite. On the surface, these two appear to be very similar. But what is the difference between the two? And which one is the best material for a countertop? If
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514: BiggerNews, October: How Small Landlords Can Beat the Hedge Funds
Once the housing market started to slide in 2007, smart investors began buying, and waiting, for rock-bottom prices to kick in. Investors were buying homes in some of the best markets for dimes on the dollar, and have seen massive profits whether keeping them as buy-and-hold rentals, BRRRR deals, or flips. While small investors started buying a couple of houses a year, institutional investors were doing far, far more.
Private equity funds, along with REITs and hedge funds knew that foreclosed homes were a steal, and their economies of scale made it even easier to turn these financially mismanaged properties into appreciation and cash flow kings. As institutional investors began fixing up these homes, listing them for rent, and later selling them, the entire market moved in an upward direction. Now, first-time homebuyers are competing with these economic powerhouses to lock down their first primary residence or rental property.
A man who has been covering this topic for years is The Wall Street Journal's, Ryan Dezember. Ryan has a keen understanding of what influences the housing market as a whole, why institutional investors are making the moves they are, and what this means for small mom-and-pop landlords. Dave Meyer also joins David Greene on this episode to discuss the ways small landlords can beat Wall Street at their own game.
In This Episode We Cover:
Why home prices dropped to the lowest point in 2011
How the pandemic gave institutional investors more buying power
Who are the âwall street buyersâ that are buying thousands of single-family homes?
Why you should âfind the tenantâ before finding your next property
The âcarbon monoxideâ of investing that most investors aren't paying attention to
How institutional investors use economies of scale to rapidly rehab homes
What small investors can do to beat institutional investors at the closing table
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Conference 2021
Blackstone
Zillow
Redfin
BiggerPockets Insights
BiggerPockets Show 515
Check the full show notes here: https://biggerpockets.com/show514
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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513: Seeing Greene: BRRRR 101 - Loans, Deals, & Cash Flow
Welcome back to another episode of Seeing Greene with BiggerPockets Podcast host, top real estate agent, and BRRRR master himself, David Greene. Todayâs episode touches on many topics that relate to the BRRRR strategy, ranging from financing, rehabbing, calculating cash flow, and where to find deals.
Since the BRRRR method is such a popular strategy among real estate investors, we thought it best to have an episode that touches on so many aspects of the BRRRR strategy itself. Not only has David written the book on BRRRR investing, but he also continues to do BRRRR investing in his real estate career. This strategy is not only one of the best ways to get into real estate with low (or no) money down, itâs also a method that works on building generational wealth for you in the background.
Have a question you want David to answer on the next Seeing Greene episode? Submit your video submission at Biggerpockets.com/david.
In This Episode We Cover:
Whether you should refinance a BRRRR in your personal name or an LLC
Using agents or wholesalers to find your next BRRRR property
Why some markets simply wonât cash flow (and why that isnât necessarily a bad thing)
The minimum cash flow requirements for a multifamily property
Hard money loans vs construction loans when performing a BRRRR
How to get financing when your property is not a traditional rental or commercial building
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Youtube Channel
BiggerPockets Rental Property Calculator
BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions
BiggerPockets Podcast 487: 10 Common Real Estate Investing Questions Answered by David Greene
BiggerPockets Podcast 473: Quitting the Police Force, Wholesaling, & Buying Notes with David Greene\
Submit Your Questions to David Greene
Click here to check the full show notes: https://www.biggerpockets.com/show513
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Black and White Vase | Free Cross Stitch Pattern
New month, new pattern! This simple and easy black and white cross stitch pattern can be done in NO time â and fits almost any decor! Over the years of releasing these cross stitch patterns,...
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512: From Losing $150k at the Blackjack Table to 7-Figure Profits in Real Estate
Back in 2004, Jude Bernard was sitting at a blackjack table in Vegas. This wasnât his first game of the day, nor his second, or even his third. Jude had been sitting at that blackjack table for thirty hours straight. When the final game ended, he walked away, $150,000 poorer than he started. Jude then found the closest tattoo parlor, walked in, and got the phrase ânever againâ tattooed on his hand as a testament to his mistake.
Now, Jude runs a rental and flipping empire, settling for no less than seven-figure profits on his fix and flips. He also runs The Brooklyn Bank, a non-profit designed to help economically empower people of color in New York City. Through his earlier gambling mistakes, Jude realized that no matter what, the âhouseâ always wins. So, he searched for a way that he could become the âhouseâ in his environment, and the best way was through real estate investing.
Jude has built a very strong foundation for his real estate investing through taking calculated risks, nurturing his relationships, and letting his fears fuel his fire.
Jude is currently raising money to help the people of Haiti through their most recent natural disaster. Brandon and David have both pledged $5,000 each. To help out, even more, Brandon wants all listeners to know that If you donate $5,000 to The Brooklyn Bank organization, Brandon will host you in Maui! For full details please contact [email protected].
In This Episode We Cover:
Purchasing properties in very expensive markets (like New York City)
Building relationships with everyone you talk to, funneling more deals into your pipelineÂ
Making sure every deal has a seven-figure upside (seriously!)
Using your greatest fears to propel you to the next levelÂ
Gambling addiction and the message behind why the âhouseâ always wins
How the Brooklyn Bank is helping build a pathway out of povertyÂ
How you can spend a week with Brandon and help support a great cause
And So Much More!
Links from the Show:
BiggerPockets Podcast 512: From Losing $150k at the Blackjack Table to 7-Figure Profits in Real Estate
BiggerPockets Podcast 455: Mixtapes to Millions in Real Estate with DJ Envy and Cesar Pina
The Brooklyn BankÂ
Brandonâs Maui MasterClass
Brandon Turner's Instagram
David Greene's Instagram
Check the full show notes here: https://biggerpockets.com/show512
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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511: Getting Your Market, Money, and Mindset Right | 3 Coaching Calls!
So many BiggerPockets listeners are out there killing it in the world of real estate investing. But, with growth and positive change comes more and more questions. On todayâs coaching call, David Greene talks to Carly, Michael, and Katie about three different problems that present three specific solutions.
Carly is trying to weigh the risk of investing in a declining market, Michael wants to shake off the âagent shameâ that comes with lead generating as a realtor, and Katie wants to power her growth with more revenue and more cash flow. Each of these real estate professionals is in a different spot: one is a small-time landlord, one is a new agent, and the other is a fix and flip veteran. Even with completely different investment plans, all three of these investors are able to find simple, meaningful solutions when talking with David.
The topics touched on in this episode include creating an investment strategy, house hacking, finding the right property managers, growing your confidence, purchasing commercial real estate, and more. If you want to get in on the next call with David, click this link to apply!
In This Episode We Cover:
Should you invest in an area with a declining population but great cash flow?
How to mitigate your investment risk by purchasing a house hack property
Using referrals to find your next property managerÂ
Putting your clients best interest first and showing confidence
Starting businesses in different verticals that can empower your current businessÂ
Turning your biggest expenses into revenue generators
Taking advantage of using a Key Principle on larger deals
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
Simplisafe
BiggerPockets Wealth Magazine
The BiggerPockets Bundle Giveaway
Submit your Question for David Greene to answer!
BiggerPockets Find an Agent
Keller Williams
Amazon Prime
Check the full show notes here: https://biggerpockets.com/show511
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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