
619 episodes

BiggerPockets Real Estate Podcast BiggerPockets
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- Business
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4.8 • 14.8K 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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The Cash-Flow Boosting Businesses that Savvy Real Estate Investors Own
Knowing how to buy a business is a lot like knowing how to buy a rental property. First, you’ll need to know the price of the asset, then the cash flow, followed by expenses, and finally the structure. Because buying real estate is perceived as “simpler” than buying a business, most investors decide to go the real estate route—but they could be missing out. Codie Sanchez saw this opportunity when she was working in venture capital and decided to try out the business buying route herself, just on a smaller scale.
Codie can be perceived as your classic “value-add” investor, which much of the real estate investing community can relate to. She finds a business that has a strong foundation but lacks the tech or marketing to grow faster or increase its profits. When a business has a strong underlying value, just like a rental property, it’s easier than most people think to “renovate” it into something that will sell for far higher.
Codie stresses that buying businesses isn’t so different from buying real estate. She also categorizes which businesses real estate investors should buy if they’re looking to maximize their cash flow and minimize their expenses. With some help from Codie, you could be relying on much more than just rent checks soon!
In This Episode We Cover
What a “value-add business” looks like and how to find undervalued businesses
Evaluating and analyzing a business purchase and which key metrics to calculate before making an offer
Buying off-market businesses and why most business owners never consider selling (until you ask)
The three questions every investor MUST ask before buying a business
Buying instead of building and how trying to build a business can cost you much more than just money
Becoming the business owner, not the operator, and outsourcing everything you can
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
David’s YouTube Channel
Hear Codie’s Interview on The BiggerPockets Business Podcast
How to Use the DISC Profile to Communicate Effectively in Business
“Contrarian Thinking” Newsletter
Quiet Light
BizBuySell
Empire Flippers
Connect with David:
David’s Instagram
David’s BiggerPockets Profile
Connect with Rob:
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's BiggerPockets Profile
Connect with Codie:
Codie's Twitter
Codie's Instagram
Codie's TikTok
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-614
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
6 Bite-Sized Steps to Buying Your First Rental Property
Buying an investment property is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and help from those around you), you can become a real estate (or jiu-jitsu/weight lifting/yoga) expert! Think of David Greene and Rob Abasolo as your spotters for today’s deep dive into buying a rental property. Their advice will help you lift the weight, even if you feel uneasy at times!
David and Rob, unsurprisingly, started out like everyone else in the real estate investing space. They had no deals, no experience, and not a lot of money. But, over the past decade, both have become experts in their specific investing niches—through trial and a lot of error. Now, they bring you more than a decade worth of combined experience so you can stop hesitating and start taking action.
If 2022 is the year for you to start building wealth and pave your path to financial freedom, then this is THE episode to listen to. David and Rob discuss the five most common rookie real estate mistakes and six bite-sized steps that will allow you, no matter your experience, to buy your first, or next, real estate deal. They’ll also give a full walkthrough on how to analyze a real estate deal, plus a special bonus that will allow you to hyper-accelerate your growth in the real estate investing world!
In This Episode We Cover
The two biggest hurdles that stop people from ever investing in real estate
The wealth-building “pillars” that all investors must know before they start investing
Five common mistakes that almost every real estate rookie will face
Why new investors should “commit” before they start educating themselves
Using your network around you to find real estate leads, financing, and contractors
How to analyze a deal for free using the BiggerPockets Rental Calculator
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Invest in David and Rob’s Next Property
David’s YouTube Channel
Grab Your Tickets for BPCon 2022
Get a Special Discount on BiggerPockets Pro Using Code “REPOD22“
BiggerPockets Calculator
Find an Investor-Friendly Agent in Your Area
Hear Our Episode with Rent By the Room Expert Todd Baldwin
Watch David’s Interview with CNN on Rising Interest Rates
Work with David’s Team at The One Brokerage on Your Next Home Loan
Connect with David:
David’s Instagram
David’s BiggerPockets Profile
Connect with Rob:
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's BiggerPockets Profile
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-613
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Seeing Greene: Is a Headache Seller Worth Losing a Deal Over?
Cash flow and appreciation are at opposite ends of the investing spectrum. One will fuel your current lifestyle while the other will slowly, silently build your long-term wealth. The cash flow vs. appreciation debate has gotten even stronger this year as home prices continue to rise and cash flow prospects dwindle in formerly stable markets. Is there a way to still get the benefits of long-term growth while also taking home a sizeable rent check?
If there’s one man to ask, it’s your host, David Greene, who’s joining us for another episode of Seeing Greene. David knows a thing or two about buying for different purposes, in different market conditions, with different exit strategies. He’s not only asked about how to do this on today’s episode, he’s also asked questions like who should be on the mortgage when buying a rental with a partner, whether to sell or refi a rental, what to do when your DTI (debt-to-income) ratio is too high, dealing with difficult sellers, and how to get comfortable with being uncomfortable.
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 split title and mortgage costs when investing with a spouse or partner
Whether to focus on one market or several markets with different benefits in each
When to sell or refi a rental property (especially if interest rates are rising)
How to purchase your next primary residence AFTER you’ve quit your W2 for real estate
Dealing with difficult sellers and how to “convince” them to accept your offer
Why being uncomfortable when investing is a sure sign of growth
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
David’s YouTube Channel
Grab Your Tickets for BPCon 2022
BiggerPockets Money Podcast
Real Estate Rookie Podcast
Ask David Your Real Estate Investing Question
How to Use a HELOC to Buy Real Estate
How to Embrace the Uncertainty of Change & Make Your First Deal
Cash Flow vs. Appreciation—What Experienced Investors Know That You Don’t
Work with The One Brokerage For Your Next Mortgage
Books Mentioned in the Show:
Long-Distance Real Estate Investing by David Greene
Connect with David:
David’s Instagram
David’s BiggerPockets Profile
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-612
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Using a "Miserable" Job to Fuel a Fast-Growing Flipping Portfolio
House flipping is a very potent form of investing. After just one fix and flip, many investors find themselves hooked, leaving their stable jobs for the profit (and rush) or finishing another flip. This happened quickly to Jason Pritchard, flipper and rental property investor in central California. Jason was working at a sales job he hated and after watching one of the many famous HGTV flipping shows, thought, “Hey, I could do that!”
He gave it a try, using his life savings and retirement funds available to him. It was a success, so he decided to scale up. One flip grew to a few, and now, Jason's team does over seventy-five flips and wholesale deals per year! This incredible volume didn’t happen overnight—it took Jason seven years to go from W2 worker to one of the best flippers in the state! And it’s not just flipping Jason is after. He’s been able to grow a massive rental property portfolio, some eighty-three units, at the same time!
You’re probably wondering how Jason did this so fast. Worry not, as he details every step from how he finds leads, builds a team, pays the taxman, and even compensates employees. If you’re trying to get your foot into the flipping door, Jason’s story should inspire you to do almost exactly what he did.
In This Episode We Cover
Using the skills from your job and translating them to make real estate riches
Building a business and the most important step most flippers/wholesalers skip
Funding your flips and why paying taxes might be a good thing when it comes to financing
How to find employees that will grow with your business, even if you feel like you “can’t” hire just yet
Private money lenders and using them to scale your business even bigger
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Invest in David and Rob’s Next Property
David’s YouTube Channel
Grab Your Tickets for BPCon 2022
BiggerPockets Money Podcast
Real Estate Rookie Podcast
Airbnb
How to Flip a House & Make a Profit
How to Build a Highly Effective Real Estate Team
How I Find Private Money Lenders to 100% Fund My Deals
Books Mentioned in the Show:
The Go-Giver by Bob BUrg
Think and Grow Rich by Napoleon Hill
Connect with David:
David’s Instagram
David’s BiggerPockets Profile
Connect with Rob:
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's BiggerPockets Profile
Connect with Jason:
Jason's Instagram
Jason's Facebook
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-611
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Live Takes: The 5,000 Mile Away BRRRR (REALLY Long-Distance Investing)
Building a house vs. buying a house—which makes more sense for today’s investor? With home prices rising faster than many of us have ever seen before, more and more real estate investors are asking whether or not building their rentals is a smarter idea. And who can blame them? Building a rental property can seem like a great way to minimize acquisition costs, but this is only true in certain circumstances, which many investors just won’t fit into.
Welcome to Live Takes where Henry Washington, investor and On The Market guest host, joins David Greene for a live real estate Q&A. David and Henry invite four investors onto the show today to talk about each of their passive income predicaments. These topics include buying vs. building a home, how to get out of a bad BRRRR, whether or not it’s too late in life to invest in real estate, and how to invest out-of-country.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene or Live Takes. 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
Buying vs. building rental properties and which decision makes sense for which investor
What to do when you go over budget on a rehab, flip, or BRRRR investment
How to invest and scale a real estate portfolio when getting started later in life
Whether to invest long-distance or stick it out in your local market
Mitigating risk and keeping your cash flow rolling when stuck in a bad deal
How to finance land purchases and using a backwards BRRRR method to do so
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Grab Your Tickets for BPCon 2022
BiggerPockets Money Podcast
Real Estate Rookie Podcast
5 Ways to Avoid Going Over Your Flipping Budget
Is it Better to Build New or Renovate Existing Homes as an Investor?
David Greene | BiggerPockets
David Greene Meetups
David Greene Team
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-610
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. -
Seeing Greene: Gift Funds, Crash Indicators, and Problems with Partnerships
Why can’t I use gift funds on my down payment? What are the common housing market crash indicators that real estate investors should look out for? And why does David only invest with the short-term rental king, Rob Abasolo? If you’re joining us today for this episode of Seeing Greene, you’ll hear answers to all these questions and more!
David takes some time out of his day to sit down and answer arguably the most hard-hitting, specific questions we’ve had to date on an episode of Seeing Greene. These questions include how to find synergy between your career and your investing goals, how to not cross the line when working with multiple agents, the best ways to purchase real estate with no (or low) money down, and why David rarely partners up on real estate deals.
Some of these questions may hit home for you, as most of today’s guests are either rookie real estate investors or young professionals looking to get their start in investing.
Do you have a question you’d love to ask David? 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 jump on a live Q&A and get your question answered on the spot!
In This Episode We Cover
How to "explode" as a real estate investor working full-time in a related field
Working with multiple agents in a market without crossing the client-exclusivity line
Purchasing small multifamily deals with no and low money down
How to get around the “gift funds” rule for rental property mortgages
The telltale signs that lenders are seeing a housing crash on the horizon
The problem with real estate partnerships and how to prepare to be in one
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Submit Your Questions to David Greene
David Greene Meetups
David Greene Team
Work with David as a Loan Officer
Real Estate Rookie Podcast 73: Partnerships—What to Do Before You Jump in With Another Investor
Get Your Ticket for BPCon 2022
Books Mentioned in the Show:
The Book On Investing in Real Estate with No (and Low) Money Down by Brandon Turner
SOLD: Every Real Estate Agent’s Guide to Building a Profitable Business by David Greene
The Millionaire Real Estate Agent by Gary Keller with Dave Jenks and Papasan
Connect with David:
David’s Instagram
David’s BiggerPockets Profile
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-609
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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