BiggerPockets Real Estate Podcast

Want to build massive wealth in a top-end rental market that’s also really expensive—all while minimizing your risk? Don’t we all!Well, you’re in luck, because today’s guest has done just that—and in a surprisingly simple way that anyone can replicate. On today’s show, Brandon and David dig deep into the strategy used by Joe Asamoah, a Washington, D.C. investor, who owns more than 30 single family homes that are currently building him massive wealth!You will be absolutely fascinated as you hear how Joe uses HUD housing vouchers to generate big returns in high-end areas while also reducing his risk to survive tough markets. Joe also shares some amazing tips for how he keeps tenants for 15 years at a time, including how he creates a huge demand for his homes, which kinds of properties he targets, and how he gets deals brought to him before anyone else.Joe goes on to reveal some extremely effective tips regarding how to treat your tenants so well they never leave, how to convince lenders to work with you, and why he visits potential tenants in their current homes on short notice.This show is chock full of extremely practical advice anyone can follow, not to mention useful tips for high-level real estate investing. This is an episode you will listen to several times and walk away extremely inspired.In This Episode We Cover:Why he targets 5-bedroom housesWhy the greatest HUD demand is for 4-, 5-, and 6-bedroom homesHUD requirements for what qualifies as a bedroomThe advantages of investing in a capital cityWhy he rehabs his properties to HGTV-grade qualityWhy he visits potential tenants at their current homesWhy he sends his tenants flowers on Mother’s Day and presents for ChristmasWhy he rewards his tenants' children for good grades and even offers vacations for tenantsHow his model is designed to be recession-proofWhy he has a 20-page leaseWhy he focuses more on reducing expenses than he does on increasing rentsWhy he hired an assistant to manage his properties instead of using a traditional property managerAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets BookstoreBiggerPockets ProEmail: podcast@biggerpockets.comDavid's InstagramBrandon's Instagram

From Bangor, Maine to Maui... by providing massive value!If you’re looking for a mentor, partner, or lender, this episode is for you. You’ll learn how Ryan Murdock went from small-time landlord/property manager to major player in Brandon’s growing mobile home park empire; how he’s the perfect complement to Brandon’s DISC profile; and how they find, underwrite, and finance multi-million dollar deals.Ryan is a modest, down-to-earth guy with a keen awareness of his own strengths and weaknesses, and this episode will show you how you can develop that quality to find the right partner and level up your business (and life!).Don’t miss this one, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss out next week!In This Episode We Cover:How Brandon and Ryan metWhat Ryan did that caused Brandon to pump his brakes and start paying attentionHow they slowly formed what became one of the most dynamic duos in real estateThe attitude Ryan embraces that makes him so valuableHow he earned an equity stake in a huge companyHow they’ve hired additional members to help grow the businessLearn how to create the “vivid vision” Brandon came up withHow they joined forces to create “rocket fuel” and scale their syndication modelAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets EventsBiggerPockets BookstoreBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockDave Van Horn – MidWest Real Estate Networking SummitDarren Sager's BiggerPockets ProfileBiggerPockets MoneyMindy Jensen's BiggerPockets ProfileBiggerPockets Business Podcast 16: Mastering Cash Flow and Finding Riches in “Headache” Jobs with 3Point Cleaning CEO Jesse McCueMeet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCueBiggerPockets Business Podcast 18: How to “Have It All” by Living with Intention with Brandon TurnerBiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian MurrayBiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian MurrayBrandon's InstagramDavid's InstagramListen on BiggerPockets: https://www.biggerpockets.com/show355

From single family to multifamily to hotels!On today’s show, Nichole Stohler sits down with Brandon and David and discusses her journey from purchasing a single family home to syndicating hotels! Nichole has a fascinating story that started with losing the first house she bought, grew into recommitting herself to learning the asset class of real estate, and ended with massive success through big deal syndications.You’ll love the advice she shares about managing managers, scaling the right way, and dealing with tenants according to three irrefutable laws. She goes on to discuss keeping properties clean, choosing the right partners, and analyzing economic factors when choosing a hotel or apartment complex.Nichole reveals tons of great tips when it comes to building wealth through various asset classes of real estate. This show has something for everyone!In This Episode We Cover:Her 3 irrefutable rules for dealing with tenantsHow she scaled from SFH to multifamily and hotelsHow she manages her managersWhat she learned from her first deal that lost her moneyWhy she committed to really learning the asset class of real estateWhy having clean apartments is so important to tenant relationsWhy so many investors make the mistake of not focusing on asset managementWhy she turned to hotels when she couldn’t find anything in the multifamily spaceHow the 1031 exchange impacted her capital gains and depreciation recaptureWhich economic drivers she looks for when choosing a property to buyWhat she’s learned about operating syndications in the hotel spaceAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets ProEmail Us: podcast@biggerpockets.comBiggerPockets Podcast 345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!)BiggerPockets EventsGoodReadsJo NesboCamilla LäckbergBiggerPockets BookstoreCheck the full show notes on BiggerPockets: http://biggerpockets.com/show354

“Trading up” to successfully retire financially free at 40!On today’s show, Brandon and David interview retired real estate broker Tim Rhode, who explains how he was able to buy great deals and 1031 exchange them into financial freedom!Tim shares some fantastic advice on playing great financial defense to achieve an early retirement, crushing it in real estate sales, and locking up deals during his first conversation with sellers.Tim also shares how knowing his market led to him making hundreds of thousands buying land in the path of progress, how to build a “fulfillment triangle," and how he recognized the market turning in 2006 and cashed out before losing money.Tim has a huge heart, is committed to helping others get out of the rat race, and shares some incredible advice on how to do so. Make sure you listen for his description of the several levels of financial freedom and his belief that those who make it to the top of the mountain should throw down the rope for the rest still climbing. Download this one today!In This Episode We Cover:Levels of risk toleranceDelegating things you're not good atHow he got into real estate salesPlaying great "defense"Not caring about what others thinkHow he invested everything left over that he didn’t spendHow he bought his first property—a triple wide mobile home—for 50 cents on the dollarUsing his influence as a broker to get great deals before they hit the marketHow he bought land in the path of progressHow he exchanged several good deals by “trading up” into a triple net lease commercial property out of stateHis philosophy on timing marketsHis “fulfillment triangle”The power of the 1031 exchangeWhich houses he flipped and which he keptHow he retired at 40 years oldThe multiple levels of financial freedomThe financial freedom principles he teaches in his non-profitWhere he believes we are in the current market cycleAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 326: Health, (Big) Wealth, and Total Accountability With David Osborn, Pat Hiban, Tim Rhode (and Josh!)Firestarter BiggerPocketsWayne DyerTom HopkinsZig ZiglarBiggerPockets BookstoreGoBundanceBiggerPockets ProEmail Us: podcast@biggerpockets.comCheck the full show notes on BiggerPockets: http://biggerpockets.com/show353

Prefer to listen, rather than read?Here's a sample of the audio format of "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom," by BiggerPockets' own Craig Curelop.In it, you'll hear:An overview of the "unfair advantages" house hacking offersA breakdown of varying house hacking techniquesA real-life case study illustrating the aboveYou can find the full audiobook here bit.ly/househackaudible.And don't forget, Audible is running a special deal for BiggerPockets Real Estate Podcast listeners!If you're not yet a member, go to http://www.audibletrial.com/biggerpockets to get a free Audible book and a free 1-month subscription.

Eighteen doors by 29 years old by never taking no for an answer! We realize there are a lot of inspirational investors out there, but on today’s show, you’re going to be blown away by one of the best.Brandon and David sit down with Diego Corzo, a “DREAMer” who moved to the United States with his family at a young age. Fast forward a few years, and Diego jumped headfirst into real estate investing, using house hacking strategies that will work for anyone.You will be blown away by Diego’s story of how he rode a bike (with his suit in a backpack to avoid getting it sweaty) when he couldn’t get a driver’s license, how he got on the fast track to becoming a millionaire, and how he overcame a speech impediment, going on to give a TED talk!You will love his fantastic advice on what to look for in a house hack property, which areas to look when investing, and how to target the perfect tenant market. You’ll also appreciate his thoughts on avoiding drama between roommates, vetting turnkey companies, and structuring partnerships. Diego goes on to share some solid info about why he prefers “B” neighborhoods over “C” and why doing your own math is so important when analyzing deals.This guest is truly an incredible person with an incredible story—not to mention some pretty fantastic investing advice.Don’t miss out! Download this episode today, and make sure you're subscribed to the BiggerPockets Real Estate Podcast so you won't miss the next one!In This Episode We Cover:How Diego owned 18 doors by 29How he overcame not having a driver's licenseWhat adversity can teach youHow he got on the fast track to becoming a millionaireHow he overcame his stutter to go on to do a TED talkHow he invests out of stateWhat he looks for in a home to house hackHow he bought his first propertyHow he bought a property with his fatherWhy he prefers “B”-class properties over “C”-class propertiesHow he vets turnkey companiesWhy doing your own math is so importantWhat he looks for in someone he can trustWhat he recommends in terms of choosing an areaHis advice for structuring partnershipsHow he recommends avoiding drama with roommates in a homeAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramDACABiggerPockets Youtube ChannelGoBundanceBiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornBiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat HibanBiggerPockets Podcast 318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin SchwartzBiggerPockets Business PodcastLoomBiggerPockets ConferenceCheck the full show notes here: http://biggerpockets.com/show352

All the BiggerPockets podcast hosts on stage in one place! This bonus episode was recorded at the BiggerPockets Conference 2019 on October 7th in front of a live audience of more than 1,000 people at the Gaylord Opryland Resort in Nashville, Tenn.We turned the mics over to our members, who fired a bunch of great questions at Scott Trench and Mindy Jensen, Brandon Turner and David Greene, Joshua Dorkin, and J and Carol Scott.Our panelists covered some nitty gritty real estate topics, like tackling vacancy and how to invest IRA funds, as well as big-picture concepts like motivation, marketing, and teaching family members the importance of investing at an early age.Also, everyone reveals which animal they would be if they had to choose, and a member of the audience challenges David Greene to produce an analogy on the spot. Listen to find out whether he performed under pressure! Our first conference in seven years was a big success, and we’re so thankful to everyone who came out to learn, network, and have a great time.Download this bonus episode, and be sure to subscribe to all three shows BiggerPockets Real Estate Podcast, BiggerPockets Money Podcast, and BiggerPockets Business Podcast so you won't miss an episode.

Stop whatever you are doing and download this episode right now!Today’s show is highly likely to change your life in ways you may not have even realized it needed changing! Brandon and David sit down for an amazing interview with Ryan Holiday, keynote speaker and bestselling author of Ego Is the Enemy, The Obstacle Is the Way, and Stillness Is the Key.And Ryan does not disappoint! You will be blown away with his advice regarding how we talk ourselves into buying deals we know we shouldn’t, how he conducts cost/benefit analysis on different opportunities that come his way, and how he’s learned to avoid “success” when it will cost him more than it’s worth.Ryan also shares some mind-blowing knowledge about why we make bad decisions; why working harder isn’t always better; and how to identify virtues or skills you are lacking in a given situation, so you can figure out the path to the result you want. In addition, he shares how he models himself after the best and brightest minds he knows, how he believes in the power of journaling, and how important it is to put your strongest energy into the pursuits that will yield the highest ROI.This show is simply an incredible breakdown on human performance, goal setting/reaching, and using real estate to accomplish what really matters in life.Download this one today and buckle your seat belt!In This Episode We Cover:How to let your individual trials help you grow by how you respondHow to recognize why you made bad decisionsHow to avoid worse decisionsWhy he invests in short-term rentalsWhat he means by “stillness is the key”How to become something betterWhy “working harder” isn’t always the best answerHow success can actually become a trap for usHow our best ideas can come from time away to thinkHow to model ourselves after the best, brightest, and most successful mindsWhy he believes so much about the power of journalingHow to create routines that free your mind to reach new heightsHow to put your energy into efforts that lead to a better ROI on your timeAnd SO much more!Links from the ShowBiggerPockets ForumsAudible TrialBiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal NewportAmerican ApparelBiggerPockets Youtube ChannelBiggerPockets InstagramBrandon's InstagramDavid's InstagramListen on BiggerPockets: http://biggerpockets.com/show351

Ever wanted to break into real estate but just weren’t sure how to take that first step? You're not alone!Almost all investors struggled with their first deal. But today’s guest may be just what you needed to get your foot in the door! On today’s show, Brandon and David dive deep into the mind of Craig Curelop, the author of BiggerPockets Publishing's new book The House Hacking Strategy.Craig shares some incredible advice on how he eliminated his living expenses and earned as much as one could from a full-time job through house hacking—all by age 26! Craig breaks down just how simply you can get your first property with less than 5 percent down and turn it into a wealth-building machine that will help you achieve a “return on your potential” you may not have realized you’re currently lacking.You’ll learn what to look for in a house hack, how to find the “path of progress” to start your search, and which straightforward criteria we can all use when searching for deals. You’ll also hear how to make “hedonic adaptation” work for you, how to exchange comfortability for profitability, and how to decide which property would work best for your specific situation.We ALL want to own more real estate, and we all need somewhere to live. On today’s show, you’ll learn how to combine those two needs to build wealth and save money at the same time.Download this one today!In This Episode We Cover:Why he left Silicon Valley to build wealth through real estateHow he bought his first house hack Why house hacking is so effective for establishing financial freedomHis scale of comfortability vs. profitabilityWho should house hackWhy expensive markets are the best places to build wealth through real estateThe importance of solid metrics in a potential house hackHow he gets in front of the “path of progress” to maximize returnsHow to take advantage of low down payment options to snag properties that earn incomeHow house hacking allows you to find the “return on your potential”How to make “hedonic adaptation” work for you, not against youAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 252: House Hacking (Your First Deal) & Life Hacking with Craig CurelopBiggerPockets Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichZillowXero Accounting SoftwareYou can listen on BiggerPockets here: http://biggerpockets.com/show350

Apartment flipping from one of the best in the biz!On today’s show, Brandon and David sit down with Nathan Tabor, a well-known multifamily investor who has done 26 multifamily flips in less than 10 years! You will love this informational and oftentimes hilarious episode, where Nathan shares some fantastic advice on how to flip apartments for big returns, what to look for in a deal, and which five incredible pieces of due diligence every investor needs to know.You’ll also love his straightforward direction regarding questions to ask the county zoning department, great advice for raising money, and some mind-blowing insight into who actually owns fire hydrants!This show is a very fun listen with tons of talk about dealing with rejection, finding the niche that’s perfect for you, and applying information you already know. Nathan's story is sure to change your mindset and confidence when it comes to taking action in your life. Make sure you listen today!In This Episode We Cover:How title insurance worksHow to check with the zoning department to make sure you don’t get burnedHow to file a claim for title insuranceHis fantastic advice for due diligence checklistsHis advice for finding your nicheThe benefits of niching downHow to find your passion and inner focusHow to handle the fear of rejectionThe key to applying information you have in your life alreadyHow to flip an apartment or apartment complexAdvice for raising moneyHow to understand what a cap rate isWhy multifamily may be less risky than single familyAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramBiggerPockets SignupJoe Fairless Denver ConferenceLoopnetBiggerPockets Podcast 345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!)Up MovieGoogle Business TemplateApartments.comForrent.com