112: “Little Old Lady House” Investing with Mark Updegraff

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 5 March 2015

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

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Summary

Get ready for another incredible episode of the BiggerPockets Podcast! On today’s show we talk with real estate investor and property manager Mark Updegraff about buying homes from little old ladies, managing tenants with less stress — and who has the bigger beard: Brandon or Mark. If you want to learn about developing a buying criteria, how to get great leads through BiggerPockets, the “extra step” you should most definitely take while screening tenants, and a whole lot more, then don’t miss out on this entertaining show! In This Episode We Cover: What everyone should know about growing beards How Mark got started in real estate How to find a 100 percent value neighborhood Perspectives on Section 8 and slumlords The “extra step” you should perform during tenant screening Lessons learned from Mark’s very own property management business Clever methods for finding deals How Mark get leads through BiggerPockets Mark’s take on real estate agents How to develop a solid buying criteria Thoughts on get-rich-quick schemes when it comes to real estate And SO much more! Links from the Show: Trivia Email 100 Day Challenge BiggerPockets Webinar Replay (Pro benefit) BiggerPockets Plus and Pro Accounts Cheesy Eddie’s Zillow Trulia BiggerPockets Podcast Show 83 with Marcia Maynard BiggerPockets Forums BiggerPockets Meet Google Drive BiggerPockets Podcast Show 111 BiggerPockets Webinar BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down Books Mentioned in this Show How We Bought a 24-Unit Apartment Building for (Almost) No Money Down: A BiggerPockets QuickTip Book The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone The Book on Flipping Houses by Mr. J Scott The Fountainhead by Ayn Rand The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters by Gregory Zuckerman Tweetable Topics: “We go through our policies up front so they know that we take our business seriously.” Share on Twitter “I’m not trying to sell people things that I don’t agree with.” Share on Twitter “The secret to why I’ve been so successful is that I don’t screw around.” Share on Twitter “The first person to establish a relationship to the other agent has an upper hand when it comes to closing the deal.” Share on Twitter “Your net worth is in your network.” Share on Twitter Connect with Mark Mark’s Website Mark’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast Show 112.
0:05.0	I'll be able to do new business ventures because I've freed up my time
0:08.0	because I've built this source of income where I can pay my bills
0:10.0	and then I can go out and I could do something else.
0:13.0	You're listening to Bigger Pockets Radio,
0:16.0	Simplifying real estate for investors large and small.
0:19.0	If you're here looking to learn about real estate investing,
0:22.0	without all the height, you're in the right place.
0:25.6	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.
0:31.6	Your home for real estate investing online.
0:34.4	What's going on everybody? This is Josh Dorkin.
0:36.4	House.
0:37.4	To the BiggerPockets podcast,
0:39.4	here with the man with a plan, Mr Brandon,
0:43.4	and Turner.
0:44.0	What's going on, Brandon?
0:45.1	Speaking of plans, so I've been doing this like 100 day challenge lately.
0:49.4	It was actually like a website called 100 day challenge.
0:51.8	And it's like, every day I wake up in the morning
0:55.1	and I do like this hour-long goal planning,
0:58.5	like setting milestones and goals and goals
1:01.2	and every seven days.
	...

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