BiggerPockets Real Estate Podcast

On today’s show, a married couple who scaled to 5,000 units together!Brandon and David interview Mark and Tamiel Kenney, a husband and wife team who buy large apartment complexes through the power of syndication. This mighty couple shares some great insight into how to find the right partner, how to set expectations with your agent (or team member) in the beginning, and how coming up with strict criteria helped them overcome their fear of getting started.You’ll love their advice on what they learned in the first 12 months to help them land their first deal, how they split profits with investors, and which are the most important fundamentals for any multifamily investor to learn. You DO NOT want to miss their advice on following up after meeting with brokers or investors. Plus, they reveal the most common trait successful syndicators share.Mark and Tamiel go on to share how they’ve struggled with—and overcome—the difficulties of balancing a demanding business while still carving out valuable family time.Don’t miss this episode, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss the next!In This Episode We Cover:What to look for in partnersHow to have conversations with brokers and managers to set expectationsWhat they learned in their first year that allowed them to land their first big dealThe importance of strict criteriaMistakes they made that prevented them from being successfulHow they find deals their investors will want to invest inHow to provide clarity to help investors feel comfortable moving forwardHow to use social media to build your database of partners, investors, and brokersAdvice for standing out from other buyers when interacting with brokersHow they split up the various tasks of their businessHow a typical syndication split looks in their dealsWhat success looks like in their family and businessWhy learning the fundamentals is more important than complicating your businessAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarMonkeypod KitchenPacific North West Real Estate Wealth ExpoBiggerPockets Podcast 189: 500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl YarberZillowLinkedinBrandon's InstagramJosh's InstagramClick here to listen on Biggerpockets: https://www.biggerpockets.com/show347

Attention: this is a must-listen show! Whatever you’re doing, stop and download today’s episode!Brandon and David sit down with Josiah Pott, a real estate investor/wholesaler who is doing six-figure deals at 20 years old, using nothing but old fashioned cold calling. Josiah shares just how he puts houses under contract and wholesales them for big profits—then converts that money into cash-flowing rental property.You will love hearing how he found his first mentor (and got paid $20K to do so), why he dropped out of college to invest in real estate, and what his five tools are for finding off-market property owner info. You’ll also love hearing how the power of compound interest changed his life, how he uses a calendar to manage his lead follow-up, and how he handles questions regarding his young age.Josiah has done several deals where he’s made well over six figures and will tell you exactly how he did so.Don’t miss out on this game-changing info. Download this show today!In This Episode We Cover:His five tools for finding off-market property owner infoHow he wholesales and turns that into rentalsWhy he won’t miss out on seller financing in the futureWhy he wants things to be “hard”How he found a mentor (and got paid $20K by them)Why he dropped out of college to invest in real estateHow the power of compound interest changed his life, mindset, and approach to building wealthHow he’s accumulated a very impressive portfolio at 20 years oldWhy he uses cold calling to build wealthHow he made $127K on one dealHow he made $355K on a deal with his partnerHow he organizes his business so he doesn’t lose dealsWhy he keeps a personal touch in his businessHow he handles questions about his young ageHow he and his wife work together on their businessAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramPodioPipeDriveTrelloCheck the full show notes here: http://biggerpockets.com/show346

Today, Brandon Turner’s on the other side of the microphone.J and Carol Scott, co-hosts of the BiggerPockets Business Podcast, recently interviewed him… and the result was so epic we wanted to share it here, too!In this episode, Brandon reveals why he chose mobile home park investing (hint: NOT necessarily because it’s the “best” investment) and describes the method his team used to get hundreds of pads under contract in just a few months. (It's an approach YOU can apply using the new BiggerPockets Intention Journal.)But this show is about much more than real estate. It’s about avoiding that all-too-common pitfall where you set an ambitious goal only to see it buried under an avalanche of more urgent (but less important) responsibilities.Brandon shares the tools he’s used to break that cycle and how he’s applied them to other challenges—like moving to Hawaii, improving his personal health, and spending more meaningful time with his family.You’ll hear how Brandon’s first business venture failed, how he got into real estate investing for cash flow, and how he discovered a way to bring BIG value to BiggerPockets as Employee #2, despite not owning a computer the year before! Oh, and you’ll learn the meaning of “M.I.N.S.” and the role they play in moving your business forward (ESPECIALLY when the going gets tough). Brandon also shares why writing out a “vivid vision” of your future might be the best thing you can do to move yourself closer to your ideal life; why he asks, “What would be awesome?” and then works backwards; and why he and his wife organize a goal-setting retreat together on the same day every year.This is an amazing episode that lays out a battle plan for getting WAY more done while setting aside quality time for friends, family, and fun. Download this one, and subscribe using your favorite podcast app so you won’t miss any future shows!In This Episode We Cover:Brandon's mobile oil change business plan (that he didn't execute on)How he flipped a house and spent all the moneyBrandon's very first house hackHow he “got into the business of collecting units” and quit his jobHow a cold email led to him working for BiggerPocketsThe strategy he used to write 50 blog posts in a year for BiggerPocketsBrandon's thoughts on the path to 100 units Why you should ask yourself, “What would be awesome?”How to ask, “What if it was easy?” and work backwards toward your goalHow to balance family life and health with business Why he chose mobile home park investing (hint: not because it’s the “best” asset)How to "have it all" (as long as you’re focused and tracking everything)Tips for setting goals as a coupleHow to identify the “Most Important Next Step” (M.I.N.S.) and then time block it The 90 Days of Intention JournalThe importance of writing down goals every dayAnd SO much more!Links from the ShowBiggerPockets ForumsBrandon's InstagramDavid's InstagramBiggerPockets Business PodcastSmart Passive Income BlogViper ChillNeil PatelGraphicRiver.netBiggerPockets Podcast 230: Real Estate Investing as a Side Hustle with Grammy-Winning Producer Seth MosleyMusic and Money Investor Group"Heartbeat" Music VideoBrandon's Vivid Vision (photo)Tim Ferriss ShowFull Circle MusicBiggerPockets PodcastJosh DorkinJ Scott's BlogBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBiggerPockets Money PodcastMindy JensenScott TrenchDavid GreeneReal Estate In Your TwentiesBiggerPockets Bookstore

Over 25 seller financed deals in a few short years! Today’s guest, former service member (and diamond pushup world record holder) Gabriel Hamel, sits down with Brandon and David to share how he built a portfolio of over 140 units (in an expensive market) using creative methods and seller financing to make deals where other investors miss them!Gabriel shares how he started investing in a tough market and used sub-prime lending (successfully) to house hack his first few properties. He gives some awesome advice on approaching sellers with seller financing proposals, structuring the offers, and showing them how it’s a win-win. He also gives great advice on finding gentrifying markets, walking away from closings with money in his pocket, and applying a mindset to real estate investing that helps him succeed in all aspects of life! Gabriel has very practical, down-to-earth, useful advice and shares it willingly.This is an episode for both newbies and experienced investors to download today!Listen to the full episode here: http://biggerpockets.com/show344In This Episode We Cover:Started with sub-prime lending and it worked outHouse hacked his first and second homeOwns 140 units nowHow he got started buying properties in a scary market from 2009-2012Why he began with seller financingHow he found his first off-market dealsSeller financing wizardryWhat he looks for in improving neighborhoodsHow he’s been able to walk away with cash at closing—better than no moneyWhy he focuses more on terms than just priceHis advice for having a success mindset in ALL areas of lifeWhat he looks for in a dealHow he scaled to over 100 unitsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon's InstagramDavid's InstagramWant to host your own BiggerPockets podcast? Pitch us!GoBundance

Want to build a cash flowing portfolio while working a full time job?Today’s guest did just that! Steve Rosenberg shares his incredible story of how he built a huge property management company (along with several cash flowing rental properties) while working as an airline pilot and travelling the country! Steve has a genuine, straight forward style and shares what he did wrong buying real estate, where he learned what his strengths are, and how he and his partner resurrected a dying business. Steve also shares how he learned why systems are so important, how he learned to build them, and which systems he uses in his own business to save time, make money, and scale! Steve shares some of the most painful lessons he learned through failure so you don’t have to learn them yourself.This is an episode you definitely want to download today!

From buying duplexes to a self-storage empire! Today’s guest Kris Benson sits down with Brandon and David to talk about his remarkable journey across all kinds of different real estate asset classes.Kris began with a successful sales career and explains why he transitioned into owning real estate instead. You’ll love Kris’s story about how he built a 64-unit apartment complex (in a cornfield), how he found partners to bring the project to life, and how it all started with one phone call! He also shares why he now invests in self-storage, how he evaluates properties, and why he believes this asset is recession-proof!Kris provides great advice for raising money and finding your niche, and explains his theory that “deals create deals” as he walks through his journey. This is a fantastic show full of great content.Download today!In This Episode We Cover:Why he transitioned out of a successful sales careerHow he got started with a duplex and built up to a large commercial real estate portfolioHow he acquired 20 small multifamily units—and hated itHow he built a 64-unit apartment complex from the ground upHow he got involved in a condo syndication projectHow he began finding the right partners to build multifamily projects withHis theory on “deals create deals”Why he now invests in self-storageWhere to find data on self-storage and REIT’sWhy he believes self-storage is recession-proofHow the best opportunities in his life have come from cold calls to property owners or friendsHow he learned his skillset and why he sticks to itHis advice for raising money from othersAnd SO much more!Links from the Show:BiggerPockets ForumsKris's first BiggerPockets Forums PostBiggerPockets StoreBiggerPockets ShirtsMindy's BiggerPockets ProfileBiggerPockets Money PodcastBuck ConstructionApartments.comCity Point CapitalBiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe FairlessUpWork

Real estate flipper, broker, contractor, and more!Today’s guest, Jared Holland, is doing 30 deals a year and profiting from all different phases of a flip-and he shares exactly how he does it! Today’s show gets into the nitty gritty of Jared’s business and how he grow from one wholesale deal to running an entire business in a short period of time. You’ll love Jared’s advise on using a multitude of methods to find deals, how he handled the transition of going from employee in his business to manager of his business, and how he got his first deal from a hedge fund! You’ll also find some fantastic advice about finding the right mindset in an employee/partner, how to find deals if you have no money, and why you should NEVER assume the person you’re talking to doesn’t want to work with you. Jared gives some great advice on why taking big action matters, as well as how to decide which actions you should start with.If you’re looking to level up your investing, or take your business from successful to great, download this one today!

Would you be interested in taking your retirement account and turning it into 22 cash flowing rental properties? What about doing it with someone else’s capital? Today’s guest did just that!Whitney Hutten shares her incredible story of how she built a rental property empire off of a 401k account by leveraging the power of a team! You’ll love how she made 50k on one of her first deals (without paying a dime of the mortgage herself) and how she used Brandon Turners method known as “the stack” to keep building! She also shares how she got her start in turnkey houses and moved along a spectrum to get to fixer-upper BRRRR’s, how she bought 10 houses her first year, and why she invests out of state. Whitney goes DEEP sharing which parts of town she invests in, why she invests near hospitals, and how she netted a 30% ROI on a BRRRR gone wrong!You do not want to miss this inspirational story of how an “average Jane” accomplished extraordinary results through real estate-including how she fixed a bus falling on one of her houses and survived a racoon infestation on another!This show is hilarious, insightful, and content packed. Download today!

Over 20 years' experience in mobile home park mastery! On today’s show, Brandon and David interview Frank Rolfe, an experienced mobile home park investor with TONS of great advice to share—and share he does! You won’t want to miss Frank’s incredible tips for using seller financing to buy parks, staying low risk while scaling, and the beauty of owning “small cities”! He also gives fantastic advice for making “stakeholders” out of tenants, describes what the perfect mobile home park setup looks like, and discusses how to find pocket listings no one else is seeing. Frank goes on to share the incredible story of how he bought a mobile home park with a wrestling ring in the back and how he sold it for a $1 million profit seven years later! In addition, he talks about his strategy for finding the perfect resident manager and insuring yourself against embezzlement from your management team. This is one of the most information-packed shows we’ve ever done in the MHP space, and you’ll be blown away by the amount of content here. Download it today! In This Episode We Cover: How Frank uses seller financing to buy deals he never could with a bank How he stays low risk while scaling How he got started with a billboard business How he owns “small cities” The key to doing seller financing correctly How he rents to “stakeholders” not just tenants What the perfect mobile home park setup looks like Why he loves mobile homes (aka "the gem" of real estate) Why mom and pop-type owners love mobile home parks How the average park can be bought and rents doubled year one The win-win opportunity mobile home parks provide for tenants and owners The mistakes he made on his first deal and how he learned to avoid it The No. 1 thing to look for when buying a park His strategy for finding pocket listings from brokers The 5 ways he finds parks to buy And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Business Podcast BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock 21st Mortgage

From waiting tables to scaling up to 250 units! Today’s show is going to blow your mind. Brandon and David sit down with James Dainard, a real estate investor in the Seattle area, who is using his broad knowledge of real estate investing to do some big things! James shares how he got started door-knocking for someone else’s company to learn the business—and things took off from there! He also shares how he’s finding 60 percent of his deals from the MLS, how he uses local zoning knowledge to find opportunities others are missing, and how he made over a million dollars off an MLS flip! James has some GREAT strategies he uses, including combining flipping, wholesaling, and BRRRRing; improving the return on his equity; and “inventing returns." You’ll also be blown away at how he created a 60-room rental (!!!) property that earns over $9K a month and how he saves money on maintenance and property management by running it all in-house. James is a smart, humble, and experienced investor doing some very impressive stuff. Download this one today! In This Episode We Cover: How he got started door-knocking for someone else’s company Story behind his first deal How he bought a 60-room house How he got to over 200 units all single-family Combining wholesaling, flipping, and BRRRR What he looks for in an area and using zoning knowledge to find opportunity Profiting $1 million on a flip he found on the MLS About his apartment complex that was on the market for 200+ days How he uses flips to fund his rentals Getting 60% of his deals off the MLS How he calculates the return on his equity Why he hires people in-house to manage properties and do maintenance How he BRRRRed a deal with no money left in that cash flowed $2K a month His unique method for “inventing” returns And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Premium Forum Thread about BiggerPockets Premium BiggerPockets Youtube Page BiggerPockets Podcast 302: Making $100k/Deal Using Other People’s Money, Time & Experience with Cory Nemoto Brandon's Instagram David's Instagram