655 episodes
BiggerPockets Real Estate Podcast BiggerPockets
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4.8 • 14.9K Ratings
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On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Tuesday, Thursday, and Sunday.
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Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About
RV park investments are probably not the first thing you think of when somebody says “real estate investing.” You’re probably used to single-family homes, duplexes, apartments, or something that has to do with long-term, residential real estate. What if we told you there was a hidden niche in the real estate investing arena, one with less competition, sky-high revenues, and almost unlimited ways to cash flow.
Heather Blankenship has been in the short-term rental investing niche for more than a decade. It was much different back when she got started. On a coast-to-coast road trip, Heather had the idea to buy an RV park. She had no experience, no money, and knew nothing about hospitality operations. She was, quite surprisingly, able to find and buy a $3.2M RV park, which she’s now upgraded into a $15M property.
Don’t get her story wrong, this is not a “fake it till you make it” type scenario. Heather put in years' worth of long days, longer nights, and enormous effort to make properties just like this one, finally profit. Now, with three kids and a portfolio worth over $30M, Heather has become one of the leading figures in creative short-term rental investing. If you’ve never thought about glamping, camping, or RV park investing, this episode will seriously pique your interest.
In This Episode We Cover
The massive cash flow you can earn from RV parks, campsites, and glamping
How the short-term rental space is softening and what hosts can do to stand out
Ditching the traditional travel sites and why building a direct booking site may be the best move for investors
The dozens of ways you can make money owning an RV park or campsite
Commercial financing, permitting, and everything else you must know before buying a large short-term rental property
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Hear Heather’s Interview on The “Real Estate Rookie” Podcast
Fanboy with Rob over Matthew McConaughey’s Interview
Campgrounds—The Investment You’ve (Probably) Never Thought About
Use the BiggerPockets Tools on Your Next Deal
Books Mentioned in the Show:
The Gap and the Gain by Dan Sullivan
The Ruthless Elimination of Hurry by John Mark Comer
Connect with Heather:
Heather's BiggerPockets Profile
Heather's Instagram
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-650
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Alex Hormozi on The “Weak Links” That Will Make Anyone a Millionaire
Alex Hormozi is quite literally the one hundred-million-dollar man. If you haven’t heard of Alex before, prepare to have your mind blown wide open. He’s the poster child for entrepreneurialism on the internet, founding multiple eight and nine-figure businesses, including his current venture that does over $150M per year in revenue. He’s one of the wisest founders and CEOs out there, not because he does so much, but because he knows when to do less.
One of Alex’s first successes, Gym Launch, proved how repeatable building multi-million dollar businesses can be. He quickly ramped up revenue, grew a team, and began cash-flowing seven figures. But, this was just the beginning. Over the past decade, Alex has advised numerous start-ups and established businesses, blowing revenue and sales figures out of the water by introducing easily-repeatable systems into the mix
There aren’t many people who think like Alex is in his industry, or in any industry, to be fair. But, you don’t need to be just like Alex to use his teachings in real life. In this episode, Alex lays out the scaling system that will make you seven figures before you know it. He also talks about the one investment every entrepreneur should make—one that almost guarantees success, regardless of the field you're in.
Want to learn how to ditch the burnout, make moves that count, and start bringing in millions? Hit play on this episode.
In This Episode We Cover:
Alex Hormozi’s journey from complete rookie to $150M in cash flow
How to scale your business from low revenue to seven-figures and beyond
The “weak link” every entrepreneur should focus on strengthening immediately
Hiring the “stallions” that can run your business better than you’ve ever dreamt
The “prescriptions of activation” that lead to massive success, with far less confusion
Why just being “good enough” can lead to more success than people think
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
The Simplest Way to Successfully Scale Your Business
The Millionaire Formula—10 Steps to Hit 7-Figure Net Worth
How to Succeed at Doing Anything w/David Greene
Books Mentioned in the Show:
$100M Offers by Alex Hormozi
Crushing It in Apartments and Commercial Real Estate by Brian Murray
Connect with Alex:
Work with Alex and Scale Your Business at Acquisition.com
Alex's YouTube
Alex's Instagram
Alex's Twitter
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-649
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Why Winners Quit: The 5 Factors to Leaving a Soul-Sucking Job
Quitting your job is a big decision and it doesn’t always lead to the perfect outcome—at least not immediately. Most people think that you have to be miserable or make very little money to want to quit a job, but even high earners still find themselves struggling to attend their nine-to-fives. Pat Hiban is the perfect example. He quit during his prime even as he was making a high income and after owning his own company. Regardless of all the respect, responsibility, and ability to make phenomenal income, it just wasn't enough for Pat.
You may be feeling the same. Maybe you’re daydreaming about multifamily investing as you sit at work, or picturing the perfect vacation rental property on your commute. Whatever your reason, quitting might be the best move for you to make, but only if it’s the right time. Don’t worry if you’re struggling with decision fatigue, Pat and fellow quitter Tim Rhode just came out with their newest book, The Quitter’s Manifesto: Quit a Job You Hate for the Work You Love.
In it, Pat and Tim give stories and tools that will help you on your path to building wealth while leaving a job that you hate. The resources you’ll find in this book are exactly what our very own David Greene used when deciding to quit his highly lucrative, but mentally draining job as a police officer. If you’ve been sitting on the fence, not knowing the next step to take in your career, this book may be exactly what you need.
In This Episode We Cover:
How to quit your job and start investing in real estate full-time
The five factors of a soul-sucking job and how to evaluate whether or not it’s time to jump ship
Finding the "quitter’s trapeze” that can help you transition from W-2 to self-employed worker
Building your team of quitters who will hold you accountable and take you to the next level of your career
What it looks like when you’re ready to quit and how to emotionally prepare for the impact
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
BiggerPockets Podcast 190 with Pat
BiggerPockets Podcast 353 with Tim
Hear David’s Real Estate Origin Story on The “BiggerPockets Money Podcast”
10 Challenges to Seriously Consider BEFORE Quitting Your Day Job
Books Mentioned in the Show:
6 Steps to 7 Figures by Pat Hiban
The Quitter’s Manifesto by Tim Rhode and Pat Hiban
Connect with Pat & Tim:
Pat's LinkedIn
Pat's BiggerPockets Profile
Tim's Website
Tim's LinkedIn
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-648
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Got a Need for Leads? Use This Opener to Earn Trust in 5 Seconds (or Less!)
Everyone wants more real estate leads. It doesn’t matter if you’re an agent, investor, flipper, or mortgage broker. The more prospective buyers and sellers, the better. But what happens when you finally get those leads? Maybe you’re cold calling, meeting for coffee, or linking up at the property. What do you say to let leads know that you’re the best agent or investor around and that they can trust you to get the deal done? Juliet Lalouel has a simple, fool-proof answer for you.
Juliet operates out of Hawaii, one of the nation's hottest real estate markets. She’s done everything from working in restaurants to running a bike business in her garage, to even becoming the go-to matchmaker for musicians that want to invest in real estate. She’s worn a lot of hats and even decided to leave one of the top teams in the state to go solo as an investor agent. When she realized all the leads were coming from her own personal network, she decided to make the jump on her own.
Now, she’s actively flipping, buying, and selling homes for not only herself but her investor clients throughout the islands. She’s been able to grow a respectable network, one which many investors dream of having, and she did all of this through tweaking her “tonality.” If you want to hear why this small change led to such big results, be sure to listen all the way to the end of this episode.
In This Episode We Cover:
How to get more real estate leads as an agent, investor, or broker
Why “tonality” is such an important part of your pitch when selling yourself to clients
Building your investor network and gaining the trust of the biggest players in your area
Why every investor or agent should reassess their emotional intelligence (and how to improve it)
The five-second pitch to earn a lead’s trust as soon as they pick up the phone
Why no type of experience is unimportant when it comes to building real estate skills
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Amy Mahjoory’s 4-Second Power Pitch
Books Mentioned in the Show:
SOLD by David Greene
SKILL by David Greene
Pitch Anything by Oren Klaff
Thinking, Fast, and Slow by Daniel Kahneman
Never Spilt the Difference by Chris Voss
48 Laws of Power by Robert Greene
Connect with Juliet:
Juliet's Website
Juliet's Instagram
HeavyRealty's Instagram
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-647
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Building Wealth Like Warren Buffett & Lessons Learned from Billionaires
Every investor has wondered how to invest like Warren Buffett. He’s arguably the best stock trader of all time—preaching the fundamentals of investing in equities, something that most modern-day investors seem to forget. We’re seeing the same thing in the real estate industry. With a runup of home prices and stock prices over the past two years, almost every investing strategy has worked. But, as prices begin to plummet, overconfident investors are starting to see the errors of their ways and that making money isn’t always easy. So in today’s risky environment, we have to ask: what would Warren (Buffett) do?
Someone who’s been asking that question for years is Trey Lockerbie. He’s co-host of We Study Billionaires, where he interviews some of the best and brightest investors on planet earth. Trey has lived an interesting life. He was a musician, went on the road for years, started a kombucha brand, and now reads everything he can on how to build billion-dollar businesses and billion-dollar wealth. With the aura of fear many of us are feeling in the investing space, Trey brings in some much-needed clarity on what investors should and shouldn’t be doing right now. And he got some of this advice directly from top stock investor himself, Warren Buffett.
While we do go deep into the coming opportunities for real estate investors, we also hear about how stock investing isn’t so different, and why the massive drop in cryptocurrency prices could be an opportunity for investors who are on the fence about blockchain. Regardless of what you invest in, how much you invest, or whether or not you’ve started investing, Trey can enlighten you on how to maximize the decision you’re about to make.
In This Episode We Cover:
Secret investing lessons learned at a dinner with Warren Buffett
Understanding the “human” element behind why markets rise and fall
Fear vs. greed and whether or not to buy in an overly pessimistic investing environment
Why Bitcoin is becoming more attractive to real estate investors even as its price drops
Inflation, money printing, and how the world’s debt works
How high will interest rates go and what investors should prepare for
Starting a business that can sell for millions (or billions) and how to get there
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Listen to Our Past Episode with “We Study Billionaires” Host Stig Brodersen
Check Out Our Episode with Ed Mylett on Investing Opportunities in 2022
How I Hired Warren Buffett as My Real Estate Mentor
“We Study Billionaires” Podcast
Connect with Trey:
Trey on Twitter
Drink Some of Trey’s Superb Kombucha
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-646
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Seeing Greene: Will Borrowing Money from Family Ruin Your Real Estate Deal?
Should you borrow money from your family? It could hurt your relationship if the deal goes wrong, but strengthen an existing partnership if everything goes right. Maybe a better question—how should you start raising private capital for your real estate deals? When it comes to the debt vs. equity debate, which makes more sense in your situation? Don’t worry, we’re bringing answers to all these questions and more!
Welcome back to another episode of Seeing Greene, where your host David Greene answers questions from both aspiring and established real estate investors. We’re also joined by Alex Breshears and Beth Johnson, two expert private money lenders and authors of the newest BiggerPockets book, Lend to Live. They help tag-team some private money-specific questions as well as give context on who you should and shouldn’t accept funding from.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
How to use real estate depreciation to offset income from a W2
Sell, refi, rent, or hold—which is the best move as the market gets shaky?
Whether building a purely passive real estate portfolio is possible or improbable
How to pay back private money and whether taking debt vs. equity partners is the best move
Borrowing money from family and how it could hurt your real estate deals and relationships
Why understanding a lender’s pain points is mandatory before accepting money from them
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
BiggerPockets Podcast 636 with Amy Mahjoory (Part 1)
BiggerPockets Podcast 637 with Amy Mahjoory (Part 2)
Scott Trench’s 10-Step Checklist to Buy Your First Rental Property
Books Mentioned in the Show
Lend to Live by Beth Johnson and Alex Breshears
The Win-Win Wealth Strategy by Tom Wheelwright
Set for Life by Scott Trench
Connect with Beth & Alex:
Alex and Beth Email on Lend2Live
Beth's Email on Flynn Family Lending
Alex' BiggerPockets Profile
Beth's BiggerPockets Profile
Lend2Live
Flynn Family Lending
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-645
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Customer Reviews
Love this podcast!
I’ve learned so much in just the month or so I’ve been listening! Thank you for putting this knowledge and experience out for the world to benefit!
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BiggerPockets is a Complete, FREE Real Estate Education
The BiggerPockets podcast is truly outstanding– the best real estate podcast available today. The amount of production effort and teaching value put into each episode is clearly evident. The podcast topics represent a good variety of all aspects of real estate, and I admire the perspective they take on helping entrepreneurs build their own financial freedom. There’s no petty talk about Lamborghinis and the like. Rather, the show’s stance on building wealth focuses on creating long-term economic value in real estate (no gimmicks!), thereby offering oneself a wider set of choices in life, including the ability to spend more time with family, and the ability to establish legacies, including charitable ones.
I am always learning something new from this podcast. The repartee among the hosts is funny, relevant, and genuine, but short enough that I don’t find myself speeding through the first 20 minutes of each show. I also feel that, despite a field dominated by white males, the show makes a good, honest effort to bring in a diversity of guests, which I appreciate. I particularly like some of the immigrant stories I have heard on the podcast, which remind me of the things that are right about America, despite so much seemingly bad news and divisiveness.
I have from my personal point of view two pieces of feedback– first, may I offer that not every listener is in their 20’s and 30’s with the time to build long term wealth slowly. We didn’t have education like this “in my day,” (yes I’m old) and I am betting there are plenty of people in their late 40’s to 70’s who would like to hear more about how to build up and max out their retirement plans while there is still time, all the while minimizing taxes. Second, some episodes feel like a long infomercial for David’s KW real estate agency, his mortgage brokerage, and his other budding businesses. To hear him describe the leadership, best practices, and training put into these businesses, I have no doubt that he and his partners will represent soon, if they don’t already, the leading companies in each of their respective segments. However, I do recall the Josh Dorkin days and the deemphasis then on gurus and heavy sales techniques. Sometimes I feel the current and recently departed hosts spend a little too much time touting their accomplishments and services. I don’t want to see BiggerPockets podcast evolve into a Grant Cardone- like testosterone fest. Nothing wrong with Grant Cardone, but I like better the place of humility and wisdom that I felt Bigger Pockets came from moreso in the past. More power to these formidable investor-hosts like David Greene and Brandon Turner who have taken their own advice and achieved great success through hard work. Congratulations! I love to hear the way each of them thinks- they are brilliant! However, I think the magic of the BiggerPockets podcast that has attracted such a large following has something to do with keeping the real estate talk and advice real and approachable. I’d hate to see BiggerPockets lose that spark- just my 2 cents. Keep up the fantastic work, BiggerPockets!