passiveinvesting

When is it NOT worth taking a capital gains tax exemption? Wouldn’t it ALWAYS be a good time to pay Uncle Sam less? Not exactly…and today, we’re going to get into why. But there’s much more coming up in this Seeing Greene. If you’ve had trouble with an overbudget home renovation or are a real estate agent looking for new ways to find leads, stick around—we’ve got just what you need. BRRRRman and Rob-in are back as our housing heroes, answering any and every question you have about real estate investing. First, Ronnie, a new real estate agent and full-time law enforcement officer, wants to know how to get more leads in his small market. David gives one piece of advice EVERY real estate agent must hear to help explode their businesses. Next, we discuss refinancing vs. recasting your mortgage and when each is worth it. A house hacker debates reinvesting in his backyard tiny home or buying a house in cash. Then, we talk about why selling your former primary residence, even with a capital gains exemption, might not make sense. And finally, a rehab gone wrong causes an investor to question whether it’s time to hold ’em or fold ’em. 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 jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to get more real estate leads as an agent no matter the size of your market “Recasting” your mortgage and how it can save you hundreds or thousands every month Reinvesting in a rental or buying a new one in cash using a cash-out refinance Avoiding capital gains taxes when selling your primary and whether to move that cash into a new rental OR keep the property Home renovations gone wrong and when to sell a property you’ve gone over budget on And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Meet Investors in Your Area on the BiggerPockets Forums or at a BiggerPockets Meetup: Forums Meetups Grab David’s Book, “SCALE” Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-927 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make multiple streams of income? Well, guess what? You DON’T need to buy more properties to do it. Instead, you can turn an existing rental property into a cash cow…but it has to meet the right qualifications. This is precisely what today’s first guest, Stacie, is looking for. She’s got multiple properties, and some have enough land to add a second rental property. But is doing development worth the high cash flow? Welcome back to Seeing Greene, where David and Rob answer real estate questions from BiggerPockets listeners just like you! First, we’ll talk to Stacie about her buy vs. build dilemma, and which makes MUCH more sense in today’s market. Then, an investor struggling to save up down payments asks what he should do: save, invest elsewhere, or pay down his mortgages. Finally, David gives some swift advice on using a home equity “agreement” and how to make the MOST money on your house hack. 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 jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to turn one rental property into multiple streams of income  Building an ADU (accessory dwelling unit) and how much one can make Whether to save, invest, or pay down your mortgage with your cash flow Home equity “agreements” and whether they’re worth the risk in 2024 The ONE thing David looks for in ANY house hack that’ll turn it into a cash cow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 840 BiggerPockets Podcatst 853 Is it Better to Build New or Renovate Existing Homes as an Investor? Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-864 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Should I sell my rental property in 2023?” If you own investment property, you’ve probably asked yourself this numerous times over the past ten months. Prices are high, inventory is low, and your appreciated property’s profits could be turned into even more rental units, making you wealthier over time. So, how do you know if selling and swapping is the best move to make? Or, if you do sell, could you be missing out on even more wild appreciation potential? Let’s find out! Welcome back to Seeing Greene, where your investor, agent, lender, big guy at the gym who helps you with your form, and mentor, David Greene, is here to answer your real estate investing questions. This time, we hear from a Canadian investor debating selling her pricey Toronto triplex for cash-flowing American real estate. Then, David shows you exactly where to find rental property leases, when pulling out equity may not be a good idea, what to do when you CAN’T get home insurance, and how to calculate depreciation on your next rental. 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: When to trade your reliable rental for more doors and bigger cash flow  Lease agreements and whether making your own or using a property manager is a better bargain HELOCs, 401(k) loans, and the right way to pay off debt FAST  The home insurance crisis and what to do when you can’t get coverage for your rental Calculating depreciation on a potential property and when tax savings AREN’T worth doing another deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Ask David Your Real Estate Investing Question Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Get Lawyer-Reviewed Lease Forms for Your Rental BiggerPockets Podcast 728 on Medium-Term Rentals BiggerPockets Podcast 819 on Insurance Crisis BiggerPockets Podcast 820 on Late Starter’s Guide Books Mentioned in the Show Pillars of Wealth by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-831 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jason Lewis made it his life’s goal to hit financial freedom by thirty-five. After watching his family go bankrupt, lose their multi-generational farm, and have to give up their dreams, Jason knew that this was NOT what he wanted his future to look like. Instead, Jason would build a multi-million dollar real estate portfolio. One without high risk, high leverage, or a bank breathing down his neck when things went sideways. A portfolio that would make him MILLIONS in tax-free income, using techniques every average American can repeat. Jason quickly learned the right way to use debt. After securing a loan at the young age of seven, Jason started raising hogs. When he became the Grand Champion for hog raising at his local fair, he was given a check for a couple thousand dollars—MORE than enough for any seven-year-old. This lesson later helped Jason repeat the same strategy, but with real estate, always adding value and ALWAYS paying his debts. Jason’s “opportunistic” way of investing allows him to buy anything and everything that makes money. House hacking, fix and flips, mobile homes, and oil and gas leases are just SOME of the asset classes that Jason has invested in. One of these allowed him to make $1.9 million using a strategy that ANYONE listening to this episode can take advantage of. Want to hear how? Stick around! In This Episode We Cover: The danger of “overleveraging” and how it can ruin your chance at financial freedom House hacking and how to make tax-free millions simply by living in your home Syndication hype and why you should NEVER “fake it till you make it” in real estate Jason’s “No B.S.” advice to find real estate deals WHEREVER you are Partnerships and when it’s a wiser move to fly solo in your investing career  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube House Hacking 101: What It Is and How to Get Started Is Leveraging Really That Risky? The 30-Something’s Guide to Financial Freedom Tune into the “Creative Real Estate Podcast” with Jason Connect with Jason: Jason's BiggerPockets Jason's Facebook Jason's Instagram Jason's LinkedIn Jason's TikTok Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-824 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s the key to escaping the rat race in 2023? Do you need a rental property LLC for every property, or can you put multiple in one? And how do you create cash flow when housing prices are so high? For the everyday real estate investor, it can seem like profitable rental properties are getting harder and harder to find, and financial independence is slowly slipping away. And while many would give up on their pursuit for early retirement, time freedom, and autonomy over their schedule, we’re here to give you the knowledge you need to hit your wildest investing goals in 2023. We’re back with another Seeing Greene, where your agent, investor, broker, and system-building savant, David Greene, answers your real estate investing questions on the spot! In this episode, we’ll touch on rental property LLCs and how many properties to put in each one, what to do when home prices are high, and cash flow is low, the “new build BRRRR” that could create crazy equity gains, and a smarter way to shop for landlord insurance. All that (and much more) is coming up, so stick around! 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: Where to buy your next rental property and how to create cash flow Setting up your rental property LLCs and how many you’ll really need The build, rent, refinance and repeat BRRRR strategy that could produce massive equity Why bigger is better and the reason you should ALWAYS shop for rentals with more rooms How to provide value to your mentor (even if you don’t have real estate experience) Landlord insurance and when a commercial policy trumps individual coverage Building systems for your real estate business and a practical way to start systemizing TODAY And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 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 David’s YouTube Channel Work with David Top 10 Real Estate Markets for Cash Flow in 2023 The BiggerPockets Guide to Landlord Insurance Sign Up for David’s 2023 Scottsdale Goal Setting Retreat Book Mentioned in the Show: SOLD by David Greene SKILL by David Greene SCALE by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-744 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow—the two words every rookie real estate investor loves to hear. It’s always about cash flow. “If the property doesn’t bring in a healthy amount of pure profit every month, there’s no point in buying it!” This sentiment could cost you hundreds of thousands, if not millions over the lifetime of your real estate investing career. Don’t get us wrong, cash flow is important, but focusing on this metric alone may lead to your downfall. Chris Lopez hopped off the “buy only for cash flow” bandwagon long ago, and he’s much richer for doing so. Chris has become successful quickly in the real estate game, which is doubly impressive if you look at his past business history. He didn’t start in real estate sales, investing, or anything of that nature—he was more interested in building content for other businesses he was pursuing. After realizing that rental property investing was the way to go, Chris took a hard pivot, repurposing the same skills he used in his businesses to work in real estate. Now, he’s got eight units of his own, passive investments he doesn't need to worry about, and a successful real estate brokerage situated in the real estate mecca of Denver, Colorado. He’s become the foremost expert on Denver real estate not because he’s done thousands of deals, but because he knows the area well enough to teach those who don’t. Chris talks about business building, mentorship, and a much better calculation than cash flow in this episode. In This Episode We Cover: Building a real estate business that not only makes you active but passive income SEO, content marketing, and using “lead magnets” to drastically increase your deal flow The wrong way to find a mentor and four simple steps to take to get the attention of top investors The world’s best business card and how it turns you from a novice into an expert How to reevaluate your real estate portfolio to ensure it’s making the most money possible 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 278 BiggerPockets Podcast 558 Watch Chris’ “House Hackerz” Series on YouTube 9 Simple Steps to Finding the Best Real Estate Mentor Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki BRRRR by David Greene How to Sell Your House for Top Dollar, Faster by Faby Gonzalez Good to Great by Jim Collins Who Not How by Dan Sullivan Connect with Chris: Chris' website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-662 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The words “ethical” and “wholesaling” are rarely used in the same sentence. For the most part, many real estate investors and agents look at wholesalers as deceptive, hard to read, and for the most part just looking to make a quick buck. While this may be true for many new wholesalers, it's far from the truth for Jamil Damji. If anything, Jamil wants to put an end to inexperienced, and often financially dangerous wholesaling. You could say Jamil was made to be a wholesaler. He had hustle, cold calling skills, and the will to succeed after being rejected from medical school simply due to his age. He set up a website-building business and got the hang of cold-calling quite quickly. After overhearing a discussion about a real estate deal between his partner and his partner’s father, Jamil decided to take his sales skills and turn them into something a bit more profitable. He made a phone call to a local property owner, secured a deal for his partner, and walked away with a $47,000 assignment fee. Now, Jamil runs one of the most respected wholesaling companies in the United States. He’s set up an “everyone wins” style of wholesaling where sellers, buyers, and intermediaries in between all get paid fair prices while incentivizing each party to do what’s best for the other. This is a brand new concept in the field of wholesaling and one that Jamil wants to see flourish throughout the industry. If you want to learn how Jamil and his team do sixty to eighty deals a month, all while building a loyal customer base, this is the place to be. In This Episode We Cover: How wholesaling works and why so many new investors start with it The best types of listings to call to find motivated sellers plus where to build your buyers list Why illegalizing (or at least licensing) wholesaling would be favorable for the industry How wholesalers can work with agents to build each other’s businesses faster The biggest mistake wholesalers make when trying to assign contracts to buyers Building a “win-win” system so everyone in the transaction becomes a repeat customer And So Much More! Links from the Show: Coming Soon: BiggerPockets's On The Market Podcast Triple Digit Flip Show Robert Abasolo's Instagram Robert Abasolo's TikTok David Greene's Instagram David Greene Real Estate Youtube Channel KeyGlee Funny or Die Upright Citizens Brigade The Second City Craigslist U-Haul The Comedy Store D.R Horton Company Website Saturday Night Live Brandon Turner's Instagram Connect with Jamil: Jamil's Instagram Jamil's YouTube Channel Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-593 Learn more about your ad choices. Visit megaphone.fm/adchoices

Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real estate investors quickly realized that they could capitalize on the long-term equity gain of rental properties with the cash flow of hotels in one highly-lucrative asset class. Thus, the rise of the short-term rental, VRBO, and Airbnb investor was born. Arguably the most notable short-term rental investor in the space today is good friend of the show, Rob Abasolo. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor David Greene, has partnered up with him to collectively build their cash-flowing, equity-increasing empire together. With dozens of deals under both of their belts, Rob and David walk through the five steps that it takes to find success in the short-term rental space. This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into finding a short-term rental market that fits your needs and goals, choosing a location that specifically benefits you as the investor, the different types of short-term rentals, and how to build a vacation rental strategy that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, Rob and David will help you put the pieces together so you can build a strong portfolio that will benefit you for decades to come. In This Episode We Cover: Choosing a short-term rental market and what aspects to look for Cash flow vs. appreciation and which matters more when it comes to STR investing The four types of short-term rental markets and which have the best chance of success Seasonality and factoring it into your revenue and profit calculations The risks of investing in vacation rental markets and how to scale your portfolio faster And So Much More! Links from the Show: BiggerPockets Forums BiggerPockets Youtube Channel Airbnb Brian Chesky's Linkedn profile Julian (San Diego, California) town profile Eureka Springs City (Arkansas) profile Waco City (Texas) profile Chip and Joanna Gaines HGTV profile Copperopolis Town (Calaveras County, California) profile AirDNA Destin City (Florida) profile Gatlinburg City (Tennessee) profile Great Smoky Mountains Zillow Redfin Robuilt YouTube Channel: HOW MUCH MONEY MY TINY HOUSES MAKE and why Airbnb is the best way to make passive income Robuilt YouTube Channel: This is exactly how much your property will make on Airbnb Check the full show notes here: https://biggerpockets.com/blog/biggerpockets-podcast-578 Learn more about your ad choices. Visit megaphone.fm/adchoices

When we talk about Real Estate investing, the community that first comes to mind is BiggerPockets. We are excited to welcome the hosts of BiggerPockets, Brandon Turner, and David Greene.  BiggerPockets is the world's largest real estate community, and Brandon and David guide their audience through the complexities of real estate investing. Today they will share tips on how to diversify into real estate if you're a stock investor. In addition, we'll talk about how to value properties and some practical advice on finding time and money to get started. IN THIS EPISODE, YOU'LL LEARN: How to get started in real estate investing with no money down How to diversify into real estate without putting with the minimum effort How real estate investing is inflation proofed How to estimate the intrinsic value of real estate BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. BiggerPockets’ website BiggerPockets’ podcast Stig’s interview with Bigger Pockets Watch BiggerPockets’ YouTube channel Connect with Brandon Turner on Instagram Connect with David Greene on Twitter Connect with David Greene on LinkedIn Preston: Twitter | LinkedIn Stig: Twitter | LinkedIn NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback! Learn more about your ad choices. Visit megaphone.fm/adchoices

Financially independent before 30 years old! Today’s guest Felipe Mejiasits down with Brandon and David and shares the incredible story of how he scaled from a $3,000 mobile home to 10 units and financial independence! Felipe has created a unique system that involves multi-unit properties, short-term rentals, and leveraging others to help run his business. The result? He is currently crushing it! You don’t want to miss the insanely powerful “no-why principle” he’s used relentlessly to succeed whenever he’s told no. Felipe also discusses how he leveraged the job of communicating with his Airbnb guests to buy his time back, and how he took advantage of a construction boom in his hometown to service its workers. He also talks about how he lost 30 pounds after realizing he was in the wrong profession, and how he bought a mobile home for $3,000 and then later got paid $30,000 for it! This episode is jam packed with fun, exciting content and practical advice for those looking to exit the rat race and achieve financial independence through creative strategies with real estate. Download it today! In This Episode We Cover: How he took his disappointment from missing out on a police career and turned it into RE investing success His “no-why principle” How he got his wife to buy into his vision How he took advantage of a booming construction industry to rent rooms out to builders His advice for pushing through being told no How he would listen to the BiggerPockets podcast in headphones while working in a construction job Real estate replacing his full time job before age 30 Delegating the work of his various businesses How he lives for free in Nashville How he leverages out communicating with his Airbnb guests and loves it How he got paid $30,000 on a property he paid $3,000 for And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar PNW Real Estate Wealth Expo BiggerPockets Podcast 232: The Four Lead Sources Nathan Brooks is Using to Flip 120 Houses a Year BiggerPockets Podcast 238: Becoming a Real Estate Millionaire on a Teacher’s Salary with Michael “Swanny” Swan BiggerPockets Pro BiggerPockets Podcast 322: 3 Things Every Leader MUST Do to Scale with Ben Kinney BiggerPockets Bookstore PayNearMe BiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman The Founder | Netflix David’s Instagram Brandon’s Instagram Books Mentioned in this Show Miracle Morning by Hal Elrod Rich Dad Poor Dad by Robert Kiyosaki Richest Man in Babylon by George S Clason Lifeonaire by Steve Cook Why the Rich Are Getting Richer by Robert Kiyosaki Tweetable Topics: “Success is the other side of fear.” (Tweet This!) “People stop at no and don’t ask why.” (Tweet This!) “Do whatever works for you.” (Tweet This!) “My rentals feed my life, my flips feed my rentals.” (Tweet This!) Connect with Felipe Felipe’s Company Website Felipe’s Instagram Felipe’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Most of the guests here on the BiggerPockets Podcast have focused on residential properties—but there is a whole different world to explore in the commercial real estate space. That’s why we’re thrilled to bring you this powerful interview with an investor who’s truly crushing the commercial real estate industry! Our guest today is David Puchi, an investor who owns more than 50 neighborhood shopping centers (“strip malls”) throughout the United States. David tells how he built this massive portfolio and why he believes it is one of the best real estate niches to be a part of. This show will open your eyes to an exciting world you never knew existed. In This Episode We Cover: How David started real estate investing Why he brought a bank guarantor partner into his deal How he turned a shopping mall around What the “Amazon proofing strategy” is What he looks for in commercial properties The challenges of this strategy Who to hire to start investing in shopping centers What synergy is in reference to tenants How one tenant can affect the whole center A passive way to invest in triple net properties Tips on how to finance these deals Where he finds his deals How to analyze a neighborhood for shopping malls Tips for performing due diligence for this kind of deal The metrics you should study to figure out the health of a tenant Where he sees his business in the future And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Marketplace BiggerPockets Podcast 250: Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner Fire Round Questions I am planning to build a 10~12K sqft strip with 6 units, which type of business will be well fit? What is protocol for charging and collecting overdue rent? How to lease retail store to franchise How to determine value of a commercial property w/ no list price? Adding appreciation to a commercial property Are current tenants a big factor in the sellability? Tweetable Topics: “Having reasonable leverage makes more sense than over leverage.” (Tweet This!) “Basic property management experience is a great launching pad in owning commercial properties.” (Tweet This!) “You can’t rely on the market to force appreciation.” (Tweet This!) Connect with David David’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

There are a lot of reasons to love being a real estate investor. One of the most impressive is the “unfair” tax treatment investors get by the US Government – and we mean that in a good way! On today’s episode of The BiggerPockets Podcast, we sit down with CPA Linda Weygant to learn more about those incredible tax benefits. You’ll also hear how she discovered the power of real estate through her clients, and how that led her to begin her own investing journey. Linda shares how she navigates the messy world of investing in properties that have HOAs, as well as how she uses her “unfair advantages” to succeed where others fail. Finally, as a CPA, we have a special “tax-focused-Fire-Round” where we talk about LLCs, deductions, and much more! In This Episode We Cover: How Linda got into real estate Why the government likes real estate investors What her first deal looked like What to look out for when using credit cards for rehabs Should you be debt free before investing? Debt to income ratio Why she chose a townhouse as a first investment Her HOA story The landlord vs HOA mentality How she got her positions in the HOA boards Rent-By-The-Room apartments How to manage Rent-By-The-Room Investing with family and getting an LLC How one should handle their business Where she’s headed in the next 10 years And SO much more! Links from the Show BiggerPockets Forums Sept. 27, 2017 NYC Meetup w/Brandon Turner (Darren’s Event) BiggerPockets Calculators Partnerships, Landlording, and Getting Started in Real Estate with Meghan McCallum Meghan McCallum’s BiggerPockets Profile BiggerPockets Meetup Events Brandon Hall’s BiggerPockets Profile Books Mentioned in this Show Set for Life by Scott Trench The Book on Rental Property Investing by Brandon Turner Finding and Funding Great Deals by Anson Young The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland The 4-Hour Workweek by Timothy Ferriss You’ve Got This by Will Matthews Fire Round Questions Writing off a firearm? Meet 750hrs on a Single Rental Property? Is education cost a tax deductible business expense? Tweetable Topics: “The costs to maintain a property go up every year.” (Tweet This!) “Always be open for something new.” (Tweet This!) “Always treat your tenants with respect.” (Tweet This!) Connect with Linda Linda’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

As you grow your real estate business, a partner can help you achieve incredible levels. That’s why today on the BiggerPockets Podcast we sit down with James Wise to talk about how he used a partnership to build his own investment portfolio, as well as build a thriving brokerage and property management business. In this interview, you’ll learn how James finds and screens tenants, uses BiggerPockets to raise money, and much more. In This Episode We Cover: How James got started with real estate How he (unknowingly) house hacked his first property How he moved on to his next deals Tips on finding a business partner Learning the hard way through trial and error How James screens tenants now (and the mistakes he used to make!) Valuable tips on finding partners How he’s using BiggerPockets to grow his business His take on starting a brokerage or real estate management company Tips for real estate agents working with an investor Where to get the cash to actually live while investing in real estate And SO much more! Links from the Show Shia LaBeouf delivers the most intense motivational speech of all-time #AskBP Podcast Tenant Screening: The Ultimate Guide Evicted Tenant Threatens Landlord With a Machete (Seriously) BiggerPockets Forums #AskBP 034: Should You Rent to a Tenant With an Eviction in Their Past? Joel Owen’s BiggerPockets Profile New Member Welcome Forum Draft Day Books Mentioned in this Show Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth by Robert G. Allen Tweetable Topics: “You’re always going to have vacancies. It’s part of the business.” (Tweet This!) Connect with James James’s BiggerPockets Profile James’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it possible to invest in real estate at a distance — successfully? While many might say “no,” today on the BiggerPockets Podcast we bring you Elizabeth Colegrove, who is working on securing her and her husband’s retirement by investing in one home at a time, largely from a distance. Learn the ins and outs of long distance property management and what to look for when deciding on properties to invest in. From “house hacking” to 1031 exchanges to long distance investing and more, this show is packed with wisdom (and debates) that are bound to inspire you to move your business forward, no matter where you live and where you invest. In This Show We Cover: How Elizabeth got started in real estate How she was introduced to real estate when she was young Discussions about 1031 deals Some tips on getting VA loans Tips for new investors in looking for a property How to successfully use short sales Self managing from a distance What type of properties she buys How she handles costs and how she calculates them Her future real estate goals A perspective on appreciation Plus MUCH more! Links From the Show: BiggerPockets’ Plus and Pro  BiggerPocket’s Short Sale Definitive Guide The Short Sale Process Elizabeth’s post on Short Sales Books Mentioned in the Show NOLO Legal Books Connect with Elizabeth Elizabeth’s BiggerPockets Profile Elizabeth’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast we are excited to welcome back Michael Quarles to the show. Several weeks ago we talked with Michael about his story and spent most of the show discussing the topic of negotiation, never getting to one of the most important topics we wanted to discuss with Michael: marketing. Specifically, Michael is a wealth of knowledge on all things involving direct mail, so today we’re going to tap into that knowledge. Today, Michael is going to teach you everything you need to know to get started in successful direct mail marketing and attract leads that no one else can get. We cover everything from market research to creating a call-capture system and everything in between. This show will go down in the history of BiggerPockets as one of the most actionable shows to date! In This Show, We Cover: The ins and outs of whole-tailing Everything you ever wanted to know about direct mail The beauty of controlling who calls you through direct mail How to start marketing even if you only have $500 What to do in the face of rejection How much does a starter marketing budget cost? How BiggerPockets is like a beautiful woman How to do your market research  Softwares that tell you what houses in your market have equity What filters to set in terms of lead generation Probate vs. absentee owners How to generate leads from bandit signs without EVER using them The 5 different types of direct mail The importance of using multiple types of mail Hand-written font vs. actual writing  The biggest mistake people make in direct mail How many times should you repeat a mail sequence? The importance of setting up your call capture system How to memorize scripts and much, much more! Links Mentioned BP Podcast 077: Negotiating Your Way to 1000 Wholetail Real Estate Deals with Michael Quarles How to Write the Perfect Elevator Pitch in Under 10 Minutes! Tweetable Topics “I’m not a passive income earner, I’m a massive income earner.” (Tweet This!) “People don’t buy what you sell, they buy who you are.” (Tweet This!) Connect with Michael Michael’s BiggerPockets Profile Michael’s Website: http://www.yellowletters.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices