rentalproperties

Eighteen doors by 29 years old by never taking no for an answer! We realize there are a lot of inspirational investors out there, but on today’s show, you’re going to be blown away by one of the best. Brandon and David sit down with Diego Corzo, a “DREAMer” who moved to the United States with his family at a young age. Fast forward a few years, and Diego jumped headfirst into real estate investing, using house hacking strategies that will work for anyone. You will be blown away by Diego’s story of how he rode a bike (with his suit in a backpack to avoid getting it sweaty) when he couldn’t get a driver’s license, how he got on the fast track to becoming a millionaire, and how he overcame a speech impediment, going on to give a TED talk! You will love his fantastic advice on what to look for in a house hack property, which areas to look when investing, and how to target the perfect tenant market. You’ll also appreciate his thoughts on avoiding drama between roommates, vetting turnkey companies, and structuring partnerships. Diego goes on to share some solid info about why he prefers “B” neighborhoods over “C” and why doing your own math is so important when analyzing deals. This guest is truly an incredible person with an incredible story—not to mention some pretty fantastic investing advice. Don’t miss out! Download this episode today, and make sure you're subscribed to the BiggerPockets Real Estate Podcast so you won't miss the next one! In This Episode We Cover: How Diego owned 18 doors by 29 How he overcame not having a driver's license What adversity can teach you How he got on the fast track to becoming a millionaire How he overcame his stutter to go on to do a TED talk How he invests out of state What he looks for in a home to house hack How he bought his first property How he bought a property with his father Why he prefers “B”-class properties over “C”-class properties How he vets turnkey companies Why doing your own math is so important What he looks for in someone he can trust What he recommends in terms of choosing an area His advice for structuring partnerships How he recommends avoiding drama with roommates in a home And SO much more! Links from the Show BiggerPockets Forums Brandon's Instagram David's Instagram DACA BiggerPockets Youtube Channel GoBundance BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn BiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban BiggerPockets Podcast 318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin Schwartz BiggerPockets Business Podcast Loom BiggerPockets Conference Check the full show notes here: http://biggerpockets.com/show352 Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wanted to break into real estate but just weren’t sure how to take that first step? You're not alone! Almost all investors struggled with their first deal. But today’s guest may be just what you needed to get your foot in the door! On today’s show, Brandon and David dive deep into the mind of Craig Curelop, the author of BiggerPockets Publishing's new book The House Hacking Strategy. Craig shares some incredible advice on how he eliminated his living expenses and earned as much as one could from a full-time job through house hacking—all by age 26! Craig breaks down just how simply you can get your first property with less than 5 percent down and turn it into a wealth-building machine that will help you achieve a “return on your potential” you may not have realized you’re currently lacking. You’ll learn what to look for in a house hack, how to find the “path of progress” to start your search, and which straightforward criteria we can all use when searching for deals. You’ll also hear how to make “hedonic adaptation” work for you, how to exchange comfortability for profitability, and how to decide which property would work best for your specific situation. We ALL want to own more real estate, and we all need somewhere to live. On today’s show, you’ll learn how to combine those two needs to build wealth and save money at the same time. Download this one today! In This Episode We Cover: Why he left Silicon Valley to build wealth through real estate How he bought his first house hack  Why house hacking is so effective for establishing financial freedom His scale of comfortability vs. profitability Who should house hack Why expensive markets are the best places to build wealth through real estate The importance of solid metrics in a potential house hack How he gets in front of the “path of progress” to maximize returns How to take advantage of low down payment options to snag properties that earn income How house hacking allows you to find the “return on your potential” How to make “hedonic adaptation” work for you, not against you And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop BiggerPockets Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich Zillow Xero Accounting Software You can listen on BiggerPockets here: http://biggerpockets.com/show350 Learn more about your ad choices. Visit megaphone.fm/adchoices

Many families can’t even enjoy a holiday meal together — but today’s guest has built a real estate empire with hers! Today we sit down with Ashley Wilson, a house flipper who got started investing in real estate while living overseas in Europe. Today, Ashley shares how she has been able to generate six-figures in profit — almost from the beginning — using a highly systematic approach to building wealth. She also drops some huge knowledge bombs with advice on finding and funding deals — and even some never-before-heard advice on knowing what features to put into your next rehab! In This Episode We Cover: How Ashley and her family got involved in real estate House hacking their way in the beginning The dynamics of the family business Ashley’s specialty How they split the profit What it’s like working with a family Finding what is “light work” for you Long-distance investing and the core people on your team How she finds deals Close-to-close houses through “stacking” How she designs homes How they finance their deals Her plans for the future And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Calculators Brandon’s Instagram Profile BiggerPockets Podcast 119: From Pro Athlete to Pro Real Estate Entrepreneur with Graham Mink BiggerPockets Youtube Channel Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki Drive by Daniel Pink E-Myth by Michael Gerber Long Distance Real Estate Investing by David Greene Freakonomics by Steven Levitt & Stephen Dubner Fire Round Questions What are the best ways you’ve found to estimate rehab costs? The rehab calculator on BP is fine but, how do you estimate the $$$ to put into each category? Should I buy a Home Warranty for my flip or not? Should I hire an inspector or just go with an experienced project manager/contractor on a walkthrough? Buyer coming back after months demand for repair cost Tweetable Topics: “Every house already has a limited market.” (Tweet This!) “You really have to love what you do.” (Tweet This!) Connect with Ashley Ashley’s BiggerPockets Profile Ashley’s Company Website Facebook Page Instagram Page Learn more about your ad choices. Visit megaphone.fm/adchoices

How would you like to own ten, fifty, or a thousand rental units? That’s the topic of today’s podcast roundtable with three previous guests of the BiggerPockets Podcast, Ben Leybovich, Brian Burke, and Serge Shukhat. These three investors have three very different business models, and in this fascinating discussion, each shares how they use rental properties to build wealth and passive income. We discuss (and debate) every aspect of the investor’s journey — all in an effort to help you succeed! We also discuss the big dangers rental investors face and how YOU can avoid those problems! Don’t miss this incredibly powerful episode with three fun, smart, and successful rental property investors! In This Episode We Cover: Where is the rental market headed? Is planning for appreciation useless? (Debate!) What mistakes do new investors make? Overcoming challenges to investing in TODAY’S market Is it too late for newbies to buy rental properties? The best “single tip” from each panelist for newbies And SO much more! Links from the Show BP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich BP Podcast 061:How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and Ben BiggerPockets Radio Podcast 003: Getting Started in Real Estate and Raising Money with Brian Burke BP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian Burke BP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge Shukhat BP Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner The Book on Managing Rental Properties by Brandon & Heather Turner Brandon Turner’s The Book on Investing with No or Low Money Down Connect with The Panel Brian Burke’s BiggerPockets Profile Brian’s website Ben Leybovich’s BiggerPockets Profile Ben’s website Serge Shukhat’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

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 your business Michael’s transition from flipping to apartment complexes Michael’s tricks for finding great commercial real estate deals Michaels take on the topic of rent control Michael’s major mistakes in his REI career… and that one tenant in DC And so much more!  Links from the Show BP Podcast 033: How to Close 27 Deals in Your First Year While Working Full Time with Sam Craven eLance.com Loopnet.com Marcusmillichap.com Cbre.com Tweetable Topics “Cutting corners hurts you and your business at the end of the day.” (Tweet This!) “When you have a good team, firing on all cylinders, you can do amazing things.” (Tweet This!) “You get what you negotiate.” (Tweet This!) “The secret to success is to be intentional.” (Tweet This!) Books Mentioned in the Show Rich Dad, Poor Dad by Robert Kiyosaki Pitch Anything: An Innovative Method for Presenting, Persuading, and Winning the Deal by Oren Klaff The 4-hour Workweek by Timothy Ferriss Connect with Michael! Michael Blank’s BiggerPockets Profile TheMichaelBlank.com Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we talk with one of the most influential voices in the real estate investing world today – Ken McElroy. Ken, the author of The ABC’s of Real Estate Investing and several other influential books, shares his story of getting started with nothing and building up a real estate investment company with thousands of units and hundreds of employees. Ken has a lot of great advice and knowledge for people at all stages of their investing careers, and shares it in a fun, entertaining manner. On today’s show we’re going to talk a lot about getting started, raising capital, and investing in large apartment complexes for big wins. Don’t miss a second of this exciting show! Read the transcript for episode 52 with Ken McElroy here. In This Show, We Cover: Getting started with no money – through property management Why should someone invest in multifamily properties? Using other people’s money to invest in real estate Investing at a distance vs. investing locally Determining the best locations and markets to invest in real estate Cash flow vs. appreciation: which is best? Ken’s newest $9 million dollar project  Why Ken loves bad landlords How to find amazing apartment complex deals Raising millions of dollars in 20 minutes How to find a great property manager? Should someone start with Apartment Complex Investing? The worst mistake you can make as a real estate investing Links from the Show What is a Cap Rate? (Capitalization Rate) (article about Cap Rates) BiggerPockets Presents: The 21 Best Real Estate Books Ever Books Mentioned in the Show The Art of the Deal by Donald Trump The Best Real Estate Advice I Ever Received by Donald Trump Turning Pro by Steven Pressfield Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan The Crash Course: The Unsustainable Future Of Our Economy, Energy, And Environment by Chris Martenson The ABC’s of Real Estate Investing by Ken McElroy The Advanced Guide to Real Estate Investing by Ken McElroy Tweetable Topics The faster you fail, the smarter you get. (Tweet This!) “You don’t need to be an expert at everything.”(Tweet This!) There’s a lot more money out there than deals. (Tweet This!) The best deals are generated from face to face relationships. (Tweet This!) The entire goal of my company is to replace myself. (Tweet This!) Connect with Ken Ken’s Website: KenMcElroy.com Ken’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we talk with real estate investor Darren Sager about his fascinating business model involving buy and hold real estate, live-in flips, and managing properties with minimal hassle. This show is crammed full of awesome, actionable ideas, tips, and lessons – so don’t miss a second of it! Read the transcript for episode 48 with Darren Sager here. In This Show, We Cover: The college professional who got Darren started When to use the 1% rule How Darren bought his first property for almost nothing down The $400,000 live-in flip The #1 most important characteristic Darren looks for in properties The secret to renting property to people with children How to save thousands of dollars using YouTube. And a whole lot more Links from the Show The Real Estate Agent’s Ultimate Guide to Working with Investors by Brandon Turner How I Found, Analyzed, and Bought an Ugly Purple Rental Property Brandon Bought a “Waldo” Rental Property…. But Should You? Allure Vinyl Plank Flooring PayNearMe Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki The 4 Hour Workweek by Tim Ferriss The E-Myth Revisited by Michael Gerber Millionaire Real Estate Investor by Gary Kellar Millionaire Real Estate Agent  by Gary Kellar All You Can Do is All You Can Do, but All You Can Do Is Enough by Art Williams Hamburger America by George Motz  Tweetable Topics “If a deal doesn’t at least meet the 1% rule – run away.” (Tweet This!) “It may be cliche, but when buying real estate… location is everything.” (Tweet This!) “The worse condition a property is in, the more I’ll love it!” (Tweet This!) “The most successful people are those who failed the most.” (Tweet This!) Connect with Darren Darren’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices