The Biggerpockets Real Estate Investing Podcast

Today on the BiggerPockets Podcast we are excited to sit down with a Jonna Weber, a buy-and-hold investor and real estate agent out of the Boise, ID area. Jonna is a great example of how anybody can and should invest in real estate! In our conversation, we cover a lot of ground on how to use real estate for retirement and why real estate is a better avenue than the stock market. We also cover why an investor might want to become a real estate agent, how to find investor-friendly agents, what to look for when purchasing an investment property and much much more! In This Show We Cover… How anyone can invest in real estate Why would an investor become an agent in the first place? The importance of running the numbers with someone else Why investors are the best clients for an agent to have The hardest part of being a landlord How to get longer leases out of your tenants How to use BiggerPockets as a resource to manage your own properties Creating an “in-house” property management company for only your ow

Today on the BiggerPockets Podcast we are excited to sit down with a couple who together, intentionally invest where most landlords fear to tread . . . low income housing. Michele and Bruce Fischer who hail from Longview, Washington, decided to make a difference by landlording in areas that are so low-income, that even Section-8 doesn’t work in their neighborhood. In our conversation we dive into some really important topics regarding how to screen low-income tenants, how to handle (pets like pitt-bulls), what to do when your tenant is late on the rent, working with your spouse, what to do when the reality is your tenant will become homeless if you evict them, how to “tenant-proof” in low-income areas and a lot more! You don’t want to miss this one! In This Show We Cover… Why would you invest in low-income areas in the first place? What to look for when purchasing a low-income property How playing “Monopoly” with no money makes you a better real estate investor Handling late payments The “prostitute tena

Today on the BiggerPockets Podcast we are excited to sit down with a real estate investor who just said “you’re fired!” to her day job and became a full-time real estate investor! We are talking with Brie Schmidt, who invests in a wide range of rental properties in the Midwest and shares some incredible insight into how she finds them, finances them, and manages them. In our conversation we dive into some really important topics regarding personal finances, getting your first deal, working with your spouse, tenant-friendly laws, when to quit your job, and a lot more! You are going to LOVE this episode! In This Show We Cover… Why Brie chose a triplex for her first primary residence Choosing appreciation vs. cash flow in a buy and hold investment Why Brie decided to diversify her investments into long-distance investing. What makes an area “landlord–friendly” vs. “tenant friendly“ Dealing with maintenance request issues.. even while on vacation. Why Brie calls herself a “YouTube Landlord“ Real Estate as

Today on the BiggerPockets Podcast we are excited to welcome Michael Quarles to the show. Michael is an active investor coming out of California’s Central Valley who has done so many deals that he has lost count! His experience is diverse and includes developing, flipping and more, but today his primary strategy is what is known as “wholetailing” and today’s show covers this strategy in detail! Also, as a master negotiator, Michael breaks down the science of haggling a deal that both honors the seller and benefits the investor. This episode is so jammed-packed that you’ll finish feeling like you just graduated with a degree in negotiation! You even get to walk away word-for-word scripts! You really don’t want to miss this one! In This Show, We Cover: How Michael convinced a stranger to give him $200,000 in order to invest in real estate. The complete breakdown of what wholetailing is and how to do it… The 5 important question you HAVE to ask leads over the phone Practical lesson in Neuro Linguistics – Com

Today on the BiggerPockets Podcast we are excited to welcome back Brian Burke, who we last talked to back in episode number 3. Brian is the owner of a large, successful real estate company headquartered in Santa Rosa, CA. Last time we sat down with Brian, he showed us how he got started investing in real estate, walking us through his first steps. On today’s show Brian goes deeper, sharing the details of how he scaled his real estate business from a one-man operation to fully staffed multi-million dollar company! This show goes into incredible detail (and offering highly actionable steps) on how to bootstrap your business, how to vet employees, how to gauge your market and much much more! If you are looking to turn your investing company into more than just a hobby… this show is for you! In This Show, We Cover: How to grow your business from a 1-man business to a full scale operation How to prepare for legal issues as an investor When is the right time to grow your team? How do you find good players for y

Today on the BiggerPockets Podcast we are excited to welcome a guest who specializes in an aspect of real estate that no other guest has covered before! John Fedro is a mobile homes investor out of the Austin Texas area who introduces us to all the incredible opportunities that one can experience in the mobile home arena. If you’re someone asking yourself, “What type of real estate investing should I do?” Than this show is for you! Throughout the show John gives incredible advice and insight that can be applied to any aspect of real estate. This is a perfect show for people looking to get started, regardless if you like mobile homes or not! This is one of the most actionable shows we’ve had so without further adieu, let’s jump into it! In This Show, We Cover: How to find deals no one else is looking for The in’s and out’s of mobile home investing What do you do when you look 15 yrs old and want to invest in real estate? Why mistakes are ESSENTIAL to your success in real estate John’s Creative finance on

On today’s episode of the BiggerPockets Podcast – we’re going to change things up- again! This is our official 2nd newbie podcast and it’s probably our most fun show yet. Just like the last newbie podcast back on episode 25, all of our guest today are investors who are just starting out and who have recently finished their first deal. These stories are not only helpful for new investors, but even the pros can learn valuable lessons from their experiences! Each of these investors also are working full time jobs, which is something a lot of our listener’s struggle with. Additionally, we cover everything from investing when you live in an expensive city to the importance of confidence when everyone thinks your crazy and we even get to talk to a real-life rocket scientist who’s smart enough to hack his mortgage!  You really don’t want to miss this one! Links from the Show: The New Dumb and Dumber Trailer Nextdoor.com Asana.com How to “Hack” Your Housing and Get Paid to Live for Free Books Mentioned in the Sh

Today on the BiggerPockets Podcast we are excited to welcome back a repeat guest coming to us from The Los Angeles area! We first met Mehran Kamari  in the newbie podcast back on show 025, where he took us through the process of his first out-of-state deal, and… well, a lot has happened since then! Since his last appearance, Mehran’s business has blown up – just completing the purchase of his 10th property! In today’s show, Mehran teaches us how to successfully invest out-of-state when your local market is too expensive. He goes into detail on how to use BiggerPockets to find out-of-state partners, what due diligence you need to do, who you need on your team, how to overcome fear and much, much more! If you are in a market where the numbers just don’t seem to work, then this Podcast is for you! In This Show, We Cover: How to use real estate to quit your job, the smart way! How Mehran invests in real estate from 2000 miles away How to use BiggerPockets to invest in markets you are unfamiliar with  Using to

Today on the BiggerPockets Podcast we jump straight into the nitty-gritty with a real estate broker, investor and property manager from the greater Chicago area. Mark Ainley brings a fresh perspective on how to successfully invest in lower-income rentals and goes deep into the details of everything you’d need to know, covering acquisition to rehab to management, straight out of of his experience investing in the notorious South Side Chicago area. Today’s show also gives great insight on the in’s and out’s of Section 8 housing, the program that has the government paying a portion (even up to 100%) of the rental income for the tenant. Mark also covers a lot of the managerial secrets behind being a successful property management company and gives you specific criteria on how to vet property managers. This show is really meaty so be sure to grab a pen and paper for notes… and with that, let’s jump into it! In This Show, We Cover: How to build a real estate company from your mom’s basement. “Cash-for-keys” – an

On today’s episode of the BiggerPockets Podcast, we have Phillip Vincent, an acquisition specialist who hails from the St. Louis, Missouri area. Phillip is part of a large real estate investment firm, handling all the ins and outs of getting properties under contract. This week’s podcast goes into great detail on how to interact with distressed homeowners, how to generate leads from the high-end price points  and walks you through the best way to handle Probate leads. Additionally, Phillip is particularly knowledgeable in wholesaling and shares excellent insight on exactly what you need to do to get started in real estate, ethically. This is an action-packed show, so let’s get into it! In This Show, We Cover: Powerful and unique lead generation The benefits of having a real estate team How to flip a $1,000 house How to actually purchase in high-end markets How Phillip lost $200,000 on a spec build Time Capsule Homes and why they make great investments Using SEO and PPC to get deals A snapshot of the l

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who is absolutely CRUSHING IT in a very unique niche. Grant Kemp, from the Dallas Area, got his start in real estate only 2 years ago and already has hundreds of transactions under his belt, and regularly purchases 6-15 properties a month! On the show today, Grant shares with us the dirty details on his business and shows how YOU can start capitalizing on more leads, make more income, and spend less (or even none) of your own money to make it all happen! The best part is: Grant’s strategy relies on generating profits from leads that most real estate investors simply throw away by utilizing subject-to purchases and mortgage wraps! Don’t miss a second of this incredible interview and prepare to have your mind blown! In This Show, We Cover: What “Subject To” investing is, and how you can use it to acquire properties for little to nothing down. What a wrap-around mortgage is How to protect yourself from the ‘due-o

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who is a successful wholesaler and rehabber out of the Grand Rapids, Michigan area.  Brandon Krieg shares his insights on how he transitioned out of a full-time job to become a full time real estate investor and shares some incredible insight for others who are thinking about making the leap themselves. During the show, Brandon speaks on the importance of integrity in business and the priority of taking care of family and then continues on to shed light on his innovative marketing tactics, that has him averaging a 15-25% response rate with direct mail! Whether you are a new investor struggling to figure out how to generate deal flow or struggling with making the transition from part-time real estate to full-time or you’ve been investing for years and need some marketing tips to take you to the next level, this is the show for you. In This Show, We Cover: How to transition from a full time job you hate to full ti

Today on the BiggerPockets Podcast we sit down with real estate investor Mark Ferguson to talk about his adventures in flipping and renting single family homes in the Colorado market. Mark is truly a real estate superhero: managing a real estate sales team, flipping houses, making offers, being a landlord, and writing about real estate all while working less hours than the normal employee (all while also having twin toddlers at home!) Mark has truly mastered the art of delegation, team building, and using systems to stay on track and find success in his business – and he shares all his secrets with us today, so don’t miss a second of this incredible show! In This Show, We Cover: Should you get your real estate license? Tips for buying properties on the MLS Using electronic signatures to get more deals Why Mark doesn’t buy multifamily properties How to find a niche and strategy for your investment business Finding the “sweet spots” in your market Working with Portfolio loans When should you hire an emp

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who wasn’t seeing a lot of action in his business – until a friend challenged him to take his investing seriously and start treating it like a business. Our guest today, Tim Gordon, accepted the challenge, changed his approach, and his business took off! Several short years later, Tim Gordon runs a successful investment business that focuses primarily on finding and wholesaling incredible deals in a competitive market, making tens of thousands of dollars every month in his business while still working a day job. Tim shares with us the lessons he learned to overcome inaction and the steps needed to consistently fill his pipeline with deals worth tens of thousands of dollars. Whether you are a new investor struggling to get your first deal, or you’ve been investing for years and need a motivational kick to take your business to new levels, this is the show for you. In This Show, We Cover: How Tim used BiggerPocket

On today’s show, we sit down with real estate entrepreneur Michael Blank to talk about his journey from a successful house flipping business and his entrance into apartment buildings… and the systems needed to run his investments well. Michael is a business entrepreneur through and through and today we get to talk about everything from getting started, investing with no money, working with (and as) a wholesaler, and even hear the story of the professional tenant that almost destroyed Michael’s investment career! This show is packed with useful, actionable tips, so don’t forget your pen and paper on this one… you are going to need it! In This Show, We Cover: How Michael started his investing journey by flipping dozens of houses per year Why building up a network of wholesalers is important How Michael raised money to fund his flipping The “magic question” to ask when raise private money Michael mistakes and successes when getting started Developing a great real estate team Using virtual assistants in yo

Working a full time job while investing in real estate is not always easy – but as our guest today shows us: it’s totally possible. On today’s show we chat with Josh Sterling, a real estate investor who has built up a portfolio of fifty units (complete with rehabs and doing his own management) all while working a full time job. Discover the tricks, tactics, and systems that Josh has used, as well as an inside look at his creative finance methods to acquire these properties. This show is definitely one that people will want to come back to time and time again! In This Show, We Cover: Why doing things “the typical way” may not have been the right path Investing when the bank says “no.” How Josh used credit cards to buy his first few properties Portfolio lenders: the best technique for finding one Using a blanket loan to buy and sell real estate Using the 2% rule to screen for great properties How Josh managed his real estate business while having a full time job How Josh finds deals  Using Homepath Mor

Today on the BiggerPockets Podcast we are thrilled to bring back one of the most popular guests we’ve ever had, J Scott. Last time we dug into the process of house flipping, but today we dig much deeper into the “business” of real estate investing and explore ways to automate your real estate investing business so you can spend less time working and more time doing the things you love. We also learn all about J’s venture into house flipping at a distance as well as his foray into spec building (and the lesson’s he learned… and things you should avoid!) This show is incredibly inspiring and can help any new or seasoned investor improve their game – especially the 5 tips for automating your business, found toward the end of the show! In This Show, We Cover: How J chose his location for long distance flipping The difficulties of rehabbing at a distance Incredible tips for finding great people to work for you Why J’s advice is “don’t trust anyone…” Getting bids on your work the easy way How to make the perm

Managing tenants can be a real pain. Trust me. However, on this episode of the BiggerPockets Podcastwe sit down with a full time property manager to talk about the business of managing tenants – and discover ways to make it easier and more profitable for YOU. Today Phil Dwyer from the Las Vegas area shares with us his story of becoming a real estate appraiser and transitioning to a successful property manager. In addition, we also discuss the best strategies for finding and managing the best property managers. If you have any rental properties – or ever plan to – this is a “don’t miss” episode! In This Show, We Cover: Dealing with FHA buyers Where to buy – appreciating areas vs. declining areas Finding a great property manager Why Phil chose Vegas to build his business Getting started by working a job in real estate  The most difficult part of investment property management? How to know if you are getting ripped off from your management company. The #1 best way to know how your tenant will act for you

Change is good, right? We hope so – because in this episode of the BiggerPockets Podcast, we change a lot of things up and invite you to come sit in the BiggerPockets digital coffee shop and listen in on a fascinating discussion! For the first time, we bring back a previous guest on the BiggerPockets Podcast to move beyond “their story” and dig into the dirty details on a very popular and important topic: multifamily rental properties. Today Ben Leybovich, who shared with us his powerful journey almost a year ago on episode 14 of the BiggerPockets Podcast, is going to talk with us about what it takes to succeed as a multifamily investor – looking beyond the numbers and truly investing in the right kind of properties. As I said- this show is a little different. Rather than just an interview, we decided to make this episode more of a “conversation” between Ben, Josh, and myself – discussing (and often loudly debating) everything from “what kind of properties to buy,” “what kind of location someone should buy in

Today we are pumped to bring you one of the most exciting conversations yet on the BiggerPockets Podcast when we sit down with Serge Shukhat, a real estate investor from the Arizona area who is absolutely crushing it in real estate. Serge started with no rental properties just four years ago but has quickly built up a sizable portfolio with a mix of both single family and multifamily properties using creative finance methods and using the cash flow to quit his job. On this show we cover everything from getting started, choosing single family versus multifamily, tricks for dealing with tenants, increasing the value of your properties, and a ton more. This is definitely a show you’ll want to take some notes, so get ready to have your mind blown! In This Show, We Cover: How Serge got started while working full time How an Umbrella Policy can reduce your risk Landlord responsibilities vs. tenant responsibilities What kind of legal entity Serge uses Overcoming bad deals by “Doubling Down” How a competitive a