BiggerPockets Podcast 099: 3 Personal Finance Blogggers & Their First Real Estate Investment with Scott, Lauren, and Philip

Today on the BiggerPockets Podcast we’re excited to bring you another “newbie podcast” with 3 new real estate investors who are excited to share with you the story of their very first real estate deal!  This episode we are talking with three investors who share a common trait: they all have a deep understanding of personal finance and it’s role in the real estate investing space and write about it online!
Today you’ll hear from Scott, Lauren, and Philip as they share how they found their first deal, financed it, manage it, and more. We cover everything from house hacking to creative finance, dealing with fear, and numerous other topics so, without further suspense, let’s get to the show!
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Sponsor
We just wanted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!
Learn more by visiting RealtyShares.com/biggerpockets!
In This Show We Cover:

How to find deals in a hot market
Finding and working with a great agent
Down payments: how much is really needed?
Three different “house hacking” methods (one from each guest!)
Using government programs to finance properties
Wrapping repairs into the loan and creating immediate equity
The one rule you need when renting to family or friends
How to thrive when your home is worth less than you paid for it
Doing your own work vs. hiring it out
How to cash flow your property and save on taxes at the same time
The #1 personal finance tip from each guest
Plus MUCH more!

Links From The Show:

BiggerPockets Ad Sales
Confessions of an Ex-Banker: How to Get Your Next Loan Approved, Guaranteed.

Books Mentioned in the Show

Four Hour Workweek by Timothy Ferriss
Rich Dad Poor Dad by Robert Kiyosaki
The Richest Man in Babylon by George S. Clason
The Milli

BiggerPockets Podcast 098: Value-Add Investing and Doing $1 Billion in Real Estate Transactions with Allan Glass

What does it take to buy, sell, and broker over $1,000,000,000 in real estate?

That’s what you’ll discover in today’s podcast episode when we sit down with Allan Glass, a real estate entrepreneur from sunny Southern California.  In this hour long interview, you’ll learn how Allan used his skills as a commercial real estate broker to build his own portfolio and ‘piece together’ deals that are truly ‘win-win-wins.’

If you are looking to take your business to a whole new level, don’t miss this show!

BiggerPockets Podcast 097: Quitting Your Job and Overcoming Real Estate Obstacles with Kyle Pettit

Itching to quit your 9 to 5 to become a full time investor, but don’t know how to get there? This week, we sit down with an investor who has done just that — despite obstacles that could have discouraged his plans had he not been persistent and kept an eye on his end goal.

Listen as Kyle Pettit shares with the BiggerPockets Podcast his story of breaking into the rental and wholesaling sides of the real estate industry, including tips on screening tenants, expanding your marketing reach and tackling the challenges that come with working from home. If you’re struggling to make your mark in world of real estate and wondering when that pivotal point of becoming a full time investor will ever happen, this is the motivation you’ve been waiting for.

Newbies and experienced investors alike, don’t miss out on this informative, entertaining episode!

BiggerPockets Podcast 096: Finding Deals, Wholesaling and House Flipping in a Hot Market With Anson Young

Real estate investing isn’t always about the speed of the chase – sometimes patience is key and the amount of deals you close might not be as important as the quality of each deal.

If you’d like to hone your deal-finding skills and knowledge of your local market, don’t miss out on this BiggerPockets Podcast episode, where we sit down with Anson Young to discuss the art of unearthing great deals, which properties are the best to flip, and how to handle a hot real estate market.

Anson got started in the real estate world back in 2004, when he moved to Arizona and bought his first house. A year later, he sold the property and moved back to Denver with his first big check,  and he has been in the Colorado real estate game ever since. Exploring many sides of real estate investing, he’s found a niche in the wholesaling market and continues to grow his network and expertise of the local real estate environment.

If you want to hear more about the many forms of real estate investing and how to break into your local market, be sure to check out this episode!

BiggerPockets Podcast 095: Multifamily Investments, Partnerships, and Raising Your Kids to Be Entrepreneurs With Curt Bidwell

If nothing else, investing in real estate is an adventure, as well as an ever-evolving learning process, where you can alter your focus to align with the needs of yourself, your clients, and your family. This week on The BiggerPockets Podcast, we’ll learn all about what it takes to branch out in your real estate investing endeavors with our guest Curt Bidwell. 

Curt’s first real estate opportunity arose while he was working as a pastor, when a few good friends asked if he wanted to partner with them on a local fourplex. Since then, he’s acquired quite a portfolio of real estate, including sixplexes, duplexes, new construction, single family homes, townhomes, and mixed properties. He’s done it all — and now he’s even gotten his kids involved! Listen for interesting tips on how to creatively invest, the best ways to find good tenants, as well as how to encourage your kids to get interested in finances and real estate along the way.

BiggerPockets Podcast 094: House Hacking, Partnerships, and Investing in Multifamilies While Working a Full Time Job with Michael Siekerka

Starting out in the world of house flipping and landlording can be taxing and a lot to take on at first, but it’s all a learning experience, which is why we want you to get to know a master at both, Michael Siekerka. 

Michael’s first real estate investing experience was just six months after he graduated college, when he occupied his first purchase by doing a fix and flip. After years of rehabbing properties by partnering with friends for quick income, he eventually found his niche in buy and hold properties. In this informative episode, Michael shares with us how he manages his properties, the criteria he uses to find new places to rent out and the methods he follows to work successfully with hard money lenders and agents to boost his revenue. This is a show to hear if you’re in the market for success!

BiggerPockets Podcast 093: 0 to 400 Deals (in 5 Years!) via Smart Marketing with Erik Stark

Many people take their time in building their real estate investing… but not today’s guest, who has used his incredible marketing skills to do more than 400 deals in the past five years!

Erik Stark got his start after he had been flipping cars out of high school and wanted to move on to bigger, better things. Since then, Erik has tried his hand at wholesaling, as well as purchasing single family homes, commercial property, bulk estates, multi-family homes, and more — by his estimation, closing over 400 deals. Learn how he implements creative, eye-catching marketing techniques we can (almost) guarantee you’ve never heard of, as well as how he chooses which types of investments to make within his market.

Erik’s business philosophy of adding value to others’ lives through his deals will leave you inspired, and his many unique tips will have you reaching outside the box for innovative ways to grow your business. Don’t miss out on this information-packed episode!

BiggerPockets Podcast 092: No (and Low) Money Down Real Estate Investing with Brandon Turner

What would you do if you didn’t need money to invest in real estate anymore?

That’s the question we tackle today on the BiggerPockets Podcast as we interview one of our own… Brandon Turner, to learn how he’s purchased over $2,000,000 of real estate with almost no money of his own! Brandon, although co-host on the BiggerPockets Podcast, is also an avid real estate investor who rarely-if-ever puts his own money into his deals. In this groundbreaking episode, Josh interviews Brandon about how he built his business using creativity rather than cash and the lessons that he learned along the way.

This episode will leave you inspired, refreshed, and with a laundry list of new ideas to use in your investing business to invest with less (or none) of your own cash!

BiggerPockets Podcast Show 91: Getting Started as a Real Estate Wholesaler with Ben Grise

Getting your first few real estate deals can be exceptionally tough — which is why today we wanted to introduce you to an investor who is just wrapping up his first INCREDIBLE year as a wholesaler: Ben Grise.

During his first year, Ben earned more from wholesaling than most Americans earn from their jobs — all while working a separate full time job, getting married, and having a baby! If you find yourself stressed, overworked and unsure of how to fit everything into your life — this is a ‘can’t miss’ episode!