Financial freedom is attainable for all of us, but how fast we reach it differs greatly. You may be making $100 profit per month on each single-family home you buy, but what if you could multiply that profit? A duplex becomes $200 per month, a fourplex, $400, and a 16 unit apartment will net you a solid $1,600 per month. Now, it’s not a goal of buying 50+ single-family homes to reach financial freedom, it’s buying 10 or so small multifamily investments. This simple mindset tweak can change your ...
Sep 16, 2021•1 hr 21 min•Ep. 506
You hear Brandon Turner ’s voice quite often on the BiggerPockets Real Estate Podcast, but rarely is it heard advising new investors . Today, Brandon is taking on three live “coaching calls” with three investors , all in different stages of their investing career. Brandon and the guests talk through topics like scaling your business , branding your real estate company , and when the right time to hire is. These investors have portfolios ranging from a few units to more than forty, making this an...
Sep 14, 2021•1 hr 7 min•Ep. 505
Wouldn’t it be nice to be a millionaire ? Sitting under a palm tree, relaxing, with plenty of money set aside for you. To be in that position you not only have to escape the rat race but pledge to live a life of continual improvement, always looking for ways you can be better. That’s exactly what Brandon Turner and David Greene did to reach their multimillionaire status and live a life of greatness. In this episode, we continue listing the ten steps to become a millionaire , with a bonus step at...
Sep 12, 2021•1 hr 11 min•Ep. 504
You probably know Brandon Turner and David Greene as multimillionaire real estate investors. What you may not know, is that a decade ago this was a very different story. Brandon didn’t grow up in a wealthy family , and by his 20s, had packed on about $20,000 of credit card debt while spending $1,000 more than he could afford each month. David grew up in a family where finances were a constant stressor , he later vowed to himself that he would never let money problems hurt him or the people he lo...
Sep 09, 2021•1 hr 7 min•Ep. 503
Welcome back to another episode of the BiggerPockets Podcast. Today, we’re trying a new format where David Greene and Dave Meyer bring on an expert in the real estate investing space and talk through all the market trends , legislature, and other factors influencing the housing market and economy . As our special guest, Kathy Fettke from the Real Wealth Network joins us to talk about housing market predictions in 2021 and beyond, the eviction moratorium (and its effects after ending), and where ...
Sep 07, 2021•1 hr 3 min•Ep. 502
We’re back with another episode of “Seeing Greene” with David Greene ! Listeners and investors have submitted their questions via video and through the BiggerPockets Facebook Groups and BiggerPockets forums over the past month, we’ve compiled some of the best (and most frequently asked) questions so David can answer them live on air! This episode goes over a handful of different topics with questions from agents , wholesalers , new home buyers , rookie investors , veteran investors , and others ...
Sep 05, 2021•1 hr 1 min•Ep. 501
Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad , has sold over thirty million copies and has been translated into forty different languages across forty different countries. Since its inception in 2002, Rich Dad Poor Dad has become almost every investor’s favorite book , prompting them to get out of the rat race, pursue financial independence , and teach them everything Robert’s “Rich Dad” taught him. Robert h...
Sep 02, 2021•1 hr 15 min•Ep. 500
Many people call themselves “ entrepreneurs ” nowadays. Essentially, anyone who can make some kind of income on their own is an entrepreneur, but there is a big difference between an entrepreneur and a business owner . While an entrepreneur can start businesses, a business owner can build, enhance, and delegate out a business. This is something that today’s guest, James Wedmore , is proficient at. James’ experience in this field speaks for itself, he’s an 8-figure CEO , a highly sought-after coa...
Aug 29, 2021•1 hr 25 min•Ep. 499
When most people think about section 8 housing , they think of run-down homes, troublesome tenants, and negligent landlords. This stereotype may prove true in some markets, but for Dr. Joe Asamoah , this is far from reality. Joe has built his real estate portfolio by renovating homes to an incredibly high standard, situated in some of the best neighborhoods in the DC market, and all while under section 8 housing. Joe figured out early on that section 8 housing authorities gave much more rent mon...
Aug 26, 2021•1 hr 15 min•Ep. 498
We’re back for part two with The Multifamily Millionaire authors Brandon Turner and Brian Murray. This time, Brian is on the mic to give you the ten steps to purchase your first large multifamily property . You may be thinking that these ten steps sound too easy for such a large deal, but that is part of the advice that Brian gives. Brian wants smaller multifamily owners or even single-family owners to know that buying a large multifamily property is just more volume, not a completely different ...
Aug 22, 2021•1 hr 52 min•Ep. 497
For the most part, Brandon Turner was able to achieve financial independence through small multifamily investing . This is why investing in duplexes, triplexes, quadplexes, and even 24-unit apartment buildings can be a fantastic learning experience and money maker for new landlords. But how do you get started if you’ve never bought a property before? Brandon and his co-author of The Multifamily Millionaire , Brian Murray , walk through the seven steps to go from real estate onlooker to small mul...
Aug 19, 2021•1 hr 37 min•Ep. 496
It often seems like the most successful people are the ones who take the most risks . There’s no surprise that at one point, billionaire entrepreneurs were given the choice to either stay where they stood or leap for something greater. This is something that today’s guest, Sukhinder Singh Cassidy , understands. She’s helped lead some of the biggest companies around like J Crew, Stitch Fix, TripAdvisor , and Urban Outfitters (just to name a few). The one thing that Sukhinder has found throughout ...
Aug 15, 2021•59 min•Ep. 495
There’s a new three-peat on the BiggerPockets Real Estate Podcast, and no, it’s not Michael Jordan. Danny Johnson , the founder of Forefront CRM, is back with us on today’s episode to talk about the five F-words of real estate investing . Before you jump to conclusions, this is a family-friendly show, the F-words we’re talking about are fear, fundamentals, focus, funnel, and follow up . Many investors find too few deals, too few motivated sellers , or too few ways to find financing . This is all...
Aug 12, 2021•1 hr 1 min•Ep. 494
It’s rare to find someone with the experience, knowledge, and downright friendliness of Ken McElroy , which is why we’re having him back on the show! This time, Ken breaks down some of the fundamental truths of real estate investing and how it can help you, as an investor, make more money, reach financial freedom , and live the life you were born to live. Ken has been in the real estate game for decades , starting as a property manager in college, becoming a landlord with a sizable portfolio, th...
Aug 08, 2021•1 hr 11 min•Ep. 493
Rob Abasolo , AKA Robuilt on Youtube , didn’t have a background in real estate, or construction, or hospitality, or really anything related to his current success. He did have drive, creative thinking, and the will to make something work when other people told him it was impossible . Rob and his wife moved from Kansas City to Los Angeles , trading a $1,100 mortgage on a house for a $1,800 rent bill on a small apartment. Around this time, Rob started hearing about Airbnb and short-term rental hos...
Aug 05, 2021•58 min•Ep. 492
Many of us have a story behind doing what we do . You may have been raised by parents living paycheck to paycheck , spurring you to chase financial freedom and create a better life. Or maybe you labored tirelessly at work to get a promotion or raise, simply to be passed up for someone else. For Adam Gilbert , founder of MyBodyTutor , his “why” is his father . Adam looked up to his father all his life but saw the pain and distress he was going through when he had a heart attack, a triple bypass s...
Aug 01, 2021•1 hr 38 min•Ep. 491
We all know that Hawaii is expensive . With its black sand beaches, fantastic surfing waves, and delicious poke bowls, why wouldn’t you want to live and invest there? Well, even with all those positives, many investors steer clear of Hawaii due to its high prices and lack of land, but one investor, Indar Lange , has proven those critics wrong. Indar is Hawaii’s largest flipper , running about 15 flips at any given moment, and tackling deals priced at upwards of $3,000,000 ! Indar is no rookie to...
Jul 29, 2021•1 hr 22 min•Ep. 490
Real estate is a business , but we often don’t think of it that way. A single-family home here, a duplex there, at the end of the day we’re just landlords, right? What if some large corporation or outside buyer wanted to buy your real estate business from you . Even better, what if you had such efficient systems in place that you could sell your business for 10x what you put into it . Sounds pretty sweet right? Today we talk to Michelle Seiler Tucker & Sharon Lechter , authors of Exit Rich a...
Jul 25, 2021•1 hr 18 min•Ep. 489
The average journey of a real estate investor tends to go something like this: buy a house , use profits to reinvest into another house, buy a duplex here and there , and buy another house again. Does this sound like you or someone you know? For Feras Moussa , stacking single-family properties was never the goal, especially after he had to manage his first rental investments. At some point, it becomes too hard to scale and you’re stuck with 30+ units and 30+ tenants all trying to get your attent...
Jul 22, 2021•1 hr 22 min•Ep. 488
David Greene is back and we’re “Seeing Greene” as he answers some of the most common real estate investing questions from BiggerPockets listeners! David goes over a multitude of different questions, ranging from financing, to acquisition, to mindset , and strategy . Not only does David have the experience of being a real estate investor, he’s also a licensed real estate agent and owns a mortgage company as well. This allows him to have insider insight that many real estate investors simply don’t...
Jul 18, 2021•57 min•Ep. 487
It’s understandable why so many real estate investors don’t want to partner up . I mean, who wants to split half of a rent check with someone else? This can seem especially true when you’re just starting and every cent of profit counts. But, what if the path to financial freedom was through partnerships ? What if you could grow your wealth, spend less time working, and scale far faster simply by leveraging your relationships. With us are the hosts of the new InvestHER podcast , Liz Faircloth and...
Jul 15, 2021•1 hr 8 min•Ep. 486
Three years ago, Atomic Habits was released. In this groundbreaking book, author James Clear asks a complex question “ why do we continue our bad habits while neglecting good habits? ” While it’s not as easy as simply saying, “I want to be better, hence I’ll stop doing this”, there are some ways that you can convince (and often trick) yourself into developing the habits that will help you create a better life. The first thing to know about habits is that they aren’t a minimal part of your life. ...
Jul 11, 2021•1 hr 10 min•Ep. 485
Brandon Turner is a man of many talents. Whether it be building a real estate empire , growing a team, or surfing out in Maui, he seems to make it all look so simple. Yet, that is his key to success. Simplicity. Brandon’s keynote speech from BPCon 2019 touches on many things, including how to simplify your business so it’s working for you, how to grow a team you trust , working with your strengths, and becoming the superhero in your own story. It also includes glimpses into Brandon’s everyday li...
Jul 08, 2021•45 min•Ep. 484
Last week, Brandon and David sat down to talk about the “ Core 4 ” of any successful real estate team. Now they’re here to talk about the “ Divided 5-ed ”, a term they coined to describe the five team members you’ll need to scale your portfolio to new heights . Both Brandon and David agree that a sizable, growing real estate portfolio needs to be thought of more as a business than just a group of rental properties. Maybe you’re looking to scale into large multifamily properties, commercial prope...
Jul 04, 2021•1 hr 10 min•Ep. 483
Everybody is busy. We have jobs, kids, businesses, and responsibilities to take care of. Why go out of your way and risk your money and time to invest in real estate ? Mike Webb , firefighter, investor, flipper, and wholesaler argues the opposite. Mike says that it’s far riskier to simply rely on your job for the entirety of your income . Mike began his investing career by investing in a side-by-side duplex , rehabbing it, and failing to complete a successful BRRRR . After seeing the cash flow a...
Jul 01, 2021•59 min•Ep. 482
David Greene is great at coining new terms, just like his co-host Brandon Turner . Today we talk about the “Core 4” of any successful real estate investor's team. This includes the agent/deal finder, the property manager, the lender, and the contractor . Without these Core 4, you’ll have trouble building a real estate empire, especially if you’re doing so long distance. The good news? Even if you’re a brand new investor, you can start building out these relationships today ! With the help of Big...
Jun 27, 2021•1 hr 11 min•Ep. 481
At one point, Dan Brault had a construction company working on custom builds in upstate New York. He had left behind a successful sales career to do it and although he was highly stressed , he felt all of his hard work was going to be rewarded sometime soon. That is, until, he had a huge project that went over budget, over the timeline , and forced him into $400,000 worth of debt . Dan closed his company, went back to sales and started to think about what he did wrong. Was it the leadership? Was...
Jun 24, 2021•1 hr 11 min•Ep. 480
We all reach a point of complacency. We tell ourselves that we’ve done enough, it’s too hard to go further, or we don’t have enough experience, money, or time to accomplish the goals that seem impossible. Brandon Turner , host of the BiggerPockets podcast, was feeling this way too, sitting on a decade worth of real estate, with enough passive income to live his life how he saw fit. It wasn’t until Brandon started surrounding himself with people who did much more than him that he realized he wasn...
Jun 20, 2021•54 min•Ep. 479
What happens when you’re pinned to the floor in the middle of a fight? Someone has you in a locked position and you can’t move. You’re sweating, you’re angry, and you start feeling the will to fight flow through your whole body. Although we’re talking about Brazilian Jiu-Jitsu with the legendary trainer and black belt, Ryron Gracie , we could easily be talking about real estate. So many new real estate investors come into this space being scared of discomfort , wanting to be hand-held, and feeli...
Jun 13, 2021•1 hr 28 min•Ep. 477
Normally we have two hosts and one guest, but today we have three hosts, and one of them happens to be a guest as well. We welcome Tony J Robinson , host of the BiggerPockets Real Estate Rookie Podcast , to the show! Tony has grown a respectable following due to his impressive short-term rental portfolio , his ability to scale quickly , and his made-for-radio voice. Tony grew up with real estate around him. His dad had a wholesaling company , and when it closed down his father relayed to Tony th...
Jun 10, 2021•1 hr•Ep. 476
