BiggerPockets Podcast

Would your real estate business benefit from better rehab/construction knowledge or tactics? Well, that’s the focus of today’s show, where Andresa shares her story of moving from Brazil to America and crushing it in the real estate space! Andresa excels in an area many of us find extremely challenging: managing rehabs. In this episode, she pulls back the curtain and shares tips for how you can do the same. Andresa gives great advice for finding excellent contractors (and vetting them), the three things she puts in every contract, and how she makes sure she’s never ripped off. You won’t want to miss her advice on finding the perfect team, determining the scope of work for your project, and learning your market. Andresa also shares a killer tip about challenging low appraisals she’s used successfully three separate times! Andresa is able to skillfully manage several rehab projects at a time while also running a side Airbnb business and gives great guidance on how you can do the same. Download this one now! In This Episode We Cover: How Andresa got into real estate How she finds great contractors The three things she puts in her contract How she pays her contractors Her advice for finding the perfect team How she embraces what she’s good at Why you should be humble enough to partner with others How she determines her scope of work Tips for understanding your market How she challenges appraisals Her advice for Airbnb investing And SO much more! Links from the Show

You want to crush it in real estate investing. But you also want fun, adventure, and time for yourself and your loved ones. Can you have both? Our guest today says, “YES!” Jesse Itzler is a serial entrepreneur who’s worn a lot of hats: rapper, founder of a private jet company (sold to Warren Buffett’s Berkshire Hathaway), partner in a coconut water venture (sold to Coca-Cola), ultra-marathoner, and part-owner of the Atlanta Hawks. Jesse shares his plan for 4x-ing your productivity, what he learned from living with a Navy SEAL (and writing a book about it!), and why investors must learn to “fall in love with the process,” rather than the product. You’ll learn his trick for scheduling memorable experiences and why you should develop your own “happiness meter.” Oh, and stick around to hear Jesse’s hilarious story about performing in front of 600,000 people—and forgetting the words. This show is packed with wise counsel for anyone who is or wants to be a hard-charging entrepreneur, but also craves more balance and bliss. Download this episode, and share it with a friend or family member who would enjoy it! When you do, tag us on Twitter (@jrdorkin, @brandtonatBP, @biggerpockets) or Instagram (@jrdorkin, @beardybrandon, @biggerpockets)! In This Episode We Cover: Jesse Itzler's backstory The moment of the most happiness -41 bucks story! How to measure happiness with the "Happiness Meter" The "3-Hour Rule" What Kevin's Rule is and why you should create "moments" Advice for making the most of life Why you should think through : What do I want to be known for in the next 5 years? How to reach out to people who you aspire to meet His advice on growing multiple business A way to redefine failure The Misogi And SO much more! Links from the Show

Excited about real estate investing and looking for a blueprint to follow? Well, you’re in luck! Today’s guest James Masotti is a well-rounded investor who’s piling up properties while working a full-time job. James shares how he consistently finds deals in a competitive market (it’s not through the MLS), how he funds these deals (it’s not with his money), and how he handles the common complications every investor faces. He also gives some great advice for acquiring properties already occupied by tenants, and explains how he keeps his partner and lenders happy even when things don’t go according to plan. He offers tips on planning for CapEx and dealing with the dark side of real estate investing, too.  Plus, you won't want to miss his advice when it comes to building funnels to find deals, as well as just what to look for when interviewing real estate agents. James has a straightforward, no-nonsense approaching to succeeding in today’s market and provides tons of good content for how you can do the same! Download this episode today! In This Episode We Cover: Jame's entrance into real estate  investing while having a professional career Cash reserves and how he plans for CapEx How he finds and funds deals Dealing with tenant evictions Finding the lender you need What a debt cover ratio is Why he continuously builds funnels How to handle  when things go wrong Analyzing and overcoming the dark side of real estate investing! And SO much more! Links from the Show

Are you a real estate investor concerned with the potential of a shifting economy? These concerns are understandable, and today’s guest has some great techniques for both protecting your money and taking advantage of deals in any market! J Scott , author of The Book on Flipping Houses  and How to Estimate Rehab Costs  shares his valuable insight when it comes to predicting market changes, adapting to shifting markets, and changing your strategy to adapt to a changing economy! Don’t miss Jay’s 6 rules for flipping houses, what exact economic indicators he looks for to predict an upcoming recession, and his 6 rules for preparing for an economic recession. J is one of the most respected minds in the real estate game, and today’s show is jam packed with the wisdom, advice, and knowledge you need to position yourself where you want to be in a shifted market to make big gains in your portfolio! In This Episode We Cover: J. Scott's story on how he got into flipping houses How his business evolved over the past 10 years Market cycles and market indicators to look for Why unemployment is an indicator The "yield curve" The Buffet indicator His 6 rules for investing in this market: Be certain of your numbers Stay away from long rehabs Have a backup strategy Avoid thin deals Keep clear of leverage at all cost Stay away from the high end vacation rentals 6 ways to prepare for any market: Hoard cash Open as many credit lines as possible Build credit Figure the "worst case drop" Restructure short-term debt Don't chase your losses And SO much more! Links from the Show

Looking to find financial independence through real estate but don’t want to be responsible for a portfolio of 100 homes? Well, that’s exactly what today’s guest is doing! Jenny Bayless is a real estate investor in Colorado who is using long-distance investing principles to systematically build a portfolio of cash flowing properties using the BRRRR method! Jenny is absolutely crushing it by “making” deals in today’s tough market and shares what she looks for that other investors miss. Learn her system for targeting fixer-upper properties, how she estimates rehab costs, and the method her real estate agent uses to send her videos of potential properties so she doesn’t have to drive hours to see them. Jenny also shares how she uses hard money to buy “cash,”  how she found a rockstar agent, and how she backed into an “accidental BRRRR” that led to future success! Today’s episode is equal parts inspirational and practical with TONS of actionable advice. If you want to retire early with real estate but don’t want the headache of managing 100 homes, don’t miss this show!   In This Episode We Cover: Long-distance principles Jenny uses to invest near her market How Jenny uses the BRRRR strategy to systematically grow her portfolio Ways to chase financial freedom without a monstrous portfolio How she has an agent do her due diligence for her The strategy she uses to "make" deals in a today’s tough market Her opinion on how to use turnkey properties to get started investing Ways to start with fixer-upper properties to get great deals in a hot market How she uses hard money to buy “cash” deals How she estimates rehab costs before writing offers, Her “accidental” BRRRR story How she’s pursuing financial independence with only 10 homes! And SO much more! Links from the Show