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BiggerPockets Real Estate Podcast

349: Multifamily Flipping and Due Diligence Tips to Save Thousands with Nathan Tabor

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 26 September 2019

⏱️ 91 minutes

🧾️ Download transcript

Summary

Apartment flipping from one of the best in the biz! On today’s show, Brandon and David sit down with Nathan Tabor, a well-known multifamily investor who has done 26 multifamily flips in less than 10 years! You will love this informational and oftentimes hilarious episode, where Nathan shares some fantastic advice on how to flip apartments for big returns, what to look for in a deal, and which five incredible pieces of due diligence every investor needs to know. You’ll also love his straightforward direction regarding questions to ask the county zoning department, great advice for raising money, and some mind-blowing insight into who actually owns fire hydrants! This show is a very fun listen with tons of talk about dealing with rejection, finding the niche that’s perfect for you, and applying information you already know. Nathan's story is sure to change your mindset and confidence when it comes to taking action in your life. Make sure you listen today! In This Episode We Cover: How title insurance works How to check with the zoning department to make sure you don’t get burned How to file a claim for title insurance His fantastic advice for due diligence checklists His advice for finding your niche The benefits of niching down How to find your passion and inner focus How to handle the fear of rejection The key to applying information you have in your life already How to flip an apartment or apartment complex Advice for raising money How to understand what a cap rate is Why multifamily may be less risky than single family And SO much more! Links from the Show BiggerPockets Forums Brandon's Instagram David's Instagram BiggerPockets Signup Joe Fairless Denver Conference Loopnet BiggerPockets Podcast 345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!) Up Movie Google Business Template Apartments.com Forrent.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show 349.

0:04.0

So I'm a compulsive flipper.

0:06.0

When I buy real estate, my intent is to sell.

0:10.0

So when the economy goes the way it's going right now I sell everything I have

0:14.5

when the economy goes back down I start buying, renovating and I'll sell but

0:20.4

normally I hold until that economy starts to go back up a little bit and then I sell large and small. If you're here looking to learn about real estate investing

0:34.3

without all the height, you're in the right place. Stay tuned and be sure to

0:39.0

join the millions of others who have benefited from BiggerPockets.com.

0:43.7

Your home for real estate investing online.

0:46.7

What's going on everyone?

0:47.5

This is Brandon Turner, host to the BiggerPockets

0:49.4

podcast, here with another incredible episode of the BiggerPockets Podcast with my

0:54.1

my co-host David Green. What's up David Green? How you doing?

0:57.6

What's up, David Green? What's up, BT? I am doing fantastic. These shows are getting better and better. I'm actually excited to go back and

1:04.3

listen to this one yeah I know I just heard it yeah I know there's so much good stuff in today show

1:08.5

interview a guy named Nathan Tabor Nathan's a guy I met at a conference he He's a rock star talks all about how he

1:14.2

started investing as an accident like it wasn't even thinking about real estate and

1:17.4

bought an 18 unit apartment his first deal and then the tragic story of what

1:21.3

happened on his second deal.

1:22.5

Listen for that.

1:23.5

He talks about having one five minute conversation

1:26.3

could have saved him from losing like $150 grand.

...

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