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BiggerPockets Real Estate Podcast

11: The Ultimate Beginner’s Podcast For Real Estate Investors

BiggerPockets Real Estate Podcast

BiggerPockets

Business, Investing, Education

4.816.6K Ratings

🗓️ 28 March 2013

⏱️ 82 minutes

🧾️ Download transcript

Summary

Getting started with real estate investing can seem overwhelming, but on today’s episode of The BiggerPockets Podcast, we are going to walk you through the entire broad overview of how people actually make money in the real estate investing field – and how you can do the same. In this unique episode, Josh and Brandon will walk you through the steps to take before getting started, choosing your strategy, ideas for finding properties, tips for getting financing in order and much, much more. Grab a pen and paper and get ready to take notes – this episode is jam packed with over an hour of directly actionable and educational information. Read the transcript of Episode 11 with Josh and Brandon here. In Today’s Flipping Podcast, We Cover: The first “personal” decision you need to make before investing. Working full-time vs. part time in real estate investing. Josh Dorkin’s real thoughts on “gurus.” Investing when you are broke. Six steps to overcoming analysis paralysis Ten unique niches and three solid strategies you can invest in real estate with. Brandon’s favorite “team member” that helped cut 90% of his work out To partner or not to partner? Pros and Cons 13 ways to finance your real estate investments Links from the Show Ultimate Beginner’s Guide to Real Estate Investing BP Podcast 006: Investing While Holding a Full Time Job with Arthur Garcia The BiggerPockets Blog The BiggerPockets Forums BP 004: Commercial Real Estate Investing With Frank Gallinelli BP 009: Using Hard Money Lenders to Grow Your Business with Ann Bellamy Lease Options (Aka Lease Purchase AKA Rent-to-Own Homes) Books Mentioned in the Show Getting Things Done by David Allen The Book on Flipping Houses by J Scott The Book on Estimating Rehab Costs by J Scott Rich Dad Poor Dad by Robert Kiyosaki Four Hour Workweek by Tim Ferriss Tweetable Topics: “You don’t need to make real estate your career in order to build wealth in real estate.” (Tweet This!) “There has to be money involved when investing in real estate… but it doesn’t need to be yours.” (Tweet This!) “Real estate takes time, planning, and patience.” (Tweet This!) “People like to fall down… and people like to sue. Get good insurance.” (Tweet This!) “You’re not a complete puzzle – there are pieces you are missing. Find those pieces.” (Tweet This!) “A friendship founded on business is a good deal better than a business founded on friendship.” -John D. Rockefeller (Tweet This!) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast, Show 11.

0:04.0

You're listening to Bigger Pockets Radio, simplifying real estate for investors large and small.

0:10.0

If you're here looking to learn about real estate investing without all the hype, you're in the right place.

0:16.0

Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.

0:22.0

Your home for real estate investing online.

0:26.0

Hey everybody, my name is Josh Dorkin.

0:27.6

I'm the host of the BiggerPockets podcast

0:29.8

here with my co-host Brandon Turner.

0:31.4

What's going on, Brandon?

0:32.6

Hey, not much Josh.

0:33.8

I'm just on a little road trip across the great state of California.

0:38.3

I know, I know.

0:39.4

It sounds like it's been a lot of fun.

0:41.5

You've been doing some exciting stuff, seeing lots of cool pictures, so congrats on the great trip.

0:46.4

Thanks, yeah, it's been fun. We actually had a meet up with a bunch of bigger pockets people people from Southern California so a little

0:53.4

shout out to them thanks everyone for showing up to that and those who couldn't make

0:57.5

it you missed out maybe next time maybe next time yeah Maybe next time.

1:03.0

Yeah, now that's cool.

1:05.0

Yeah, those meetups are great and you know I think one of the coolest things about

1:09.4

BP and this will be my my quick tip for the day is you know if you're if you're a local person

1:16.1

there's no great real estate groups or anything set your own up make your own group set

1:21.6

up keyword alerts on bigger pockets for your location and get together with those local people and do meetups and get together because there's nothing like one-on-one networking.

...

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