fha203kloans

YouTube sensation alert! On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube. Kevin is young and doing great with real estate from several angles! He's built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same. You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice! This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike. In This Episode We Cover: Buying his first property while working at Jamba Juice How he bought with PMI, then removed it later Why he invests as an agent Why he tracks his net worth Common problems that prevent investors from building wealth Buying the majority of his properties from the MLS How he talks to other agents to get deals sent to him Finding a deal while holding an open house Why buying SFR to build equity then exchanging into multifamily is a great strategy Avoiding paying taxes Looking where others aren’t for deals How he still buys homes that get multiple offers Why he DOESN'T want cash flow right now A walk through of his latest rental Attracting quality tenants The best kind of relationship with real estate agents The problems he avoids in rehabs And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Pro Email: podcast@biggerpockets.com David's Instagram Brandon's Instagram BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone BiggerPockets Youtube BiggerPockets Meetup BiggerPockets Webinar Replay Check the full show notes here: http://biggerpockets.com/show357 Learn more about your ad choices. Visit megaphone.fm/adchoices

When does one plus one equal WAY more than two? Real estate partnerships! On this episode of The BiggerPockets Podcast, we sit down with two real estate investors (Jay Helms and Tim Kelly) who were attempting to build their business alone, but found they could do far more together. In this fun and fast-paced interview, you’ll learn what makes their partnership so successful, as well as how the team analyzes a market (including several can’t-miss online research websites), and how they took down a 42-unit apartment complex using some pretty fantastic creative financing. Whether you plan to build your empire alone or alongside a partner, this episode is sure to give you a variety of tips and strategies to help your business take off. In This Episode We Cover: Tim’s background story and how he got into real estate Using 203k loans to buy deals Jay’s background and his live-in flip Why they think they make up a good team How they closed on an apartment complex 6-months after partnering up How they found the deal and details about it The importance of a clear and concise plan How they financed the deal Tips for finding the right partners How to create a “sample deal package” What to look for in a partner Why they participate in the BiggerPockets Forums How to network effectively What a good deal is for them And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast 066: Flips, Apartments, & Protecting Yourself From Professional Tenants with Michael Blank BiggerPockets Events BiggerPockets Marketplace Best Places Bureau of Labor Statistics City Data Yelp Books Mentioned in this Show How to Win Friends & Influence People by Dale Carnegie Rich Dad Poor Dad by Robert Kiyosaki The ABCs of Real Estate Investing by Ken McElroy Sovereignty: The Battle for the Hearts and Minds of Men by Ryan Michler Wild at Heart Field Manual by John Eldredge Tax-Free Wealth by Tom Wheelwright Fire Round Questions Sellers Do Not Want to Give Due Diligence. What Do I do? If u had no ties 2 any city,Where would u move 2 start investing? Tweetable Topics: “Is there a better way to first get involved in real estate than to leverage the power of the bank?” (Tweet This!) “Once you figure out your why, then you will be able to set goals to support that why.” (Tweet This!) “It’s more important to pick something than to get stuck choosing the right thing.” (Tweet This!) “I want to live where I want to live and invest where it makes sense.” (Tweet This!) Connect with Tim Tim’s BiggerPockets Profile Tim’s Facebook Profile Tim’s LinkedIn Profile Tim’s Instagram Profile Tim’s Website Connect with Jay Jay’s BiggerPockets Profile Jay’s Facebook Group Jay’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast – we’re going to change things up. You see, all of our interviews thus far have been with real estate investing professionals, who are absolutely crushing it in their real estate journey. However, today, we want to sit down with some investors who are just starting out and can tell us their stories of how they achieved their first real estate deal. These stories are not only helpful for new investors, but even the pros can learn valuable lessons from their experiences. We cover everything from investing when you live in an expensive city to dealing with the drama that might arise during a wholesale deal and even tips for buying a small multifamily property as your first primary residence. Don’t miss this amazing set of interviews with some really great individuals! Read the transcript to episode 25 here Links from the Show: New Member Introduction Forum  ThisMomBuysHouses.com The 2% Rule and 50% Rule Google Street View The BiggerPockets Deal Analysis Forum Books Mentioned in the Show How to Be a Deed Grabber by Rick Dawson How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson Tweetable Topics “When financing real estate, find a lender who knows what they are doing.” (Tweet This!) “If you have a good property, at a good price, in a good location – you won’t have a problem selling.” (Tweet This!) “You can’t use your location as an excuse not to invest.” (Tweet This!) “It’s more important, with early deals, to get them moved early and build your confidence.” (Tweet This!) Learn more about your ad choices. Visit megaphone.fm/adchoices