41: How to Profit Through Long Term Flipping and Lease Options with Douglas Larson

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 24 October 2013

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s episode of the BiggerPockets Podcast, we are excited to bring you a fascinating interview with real estate investor Douglas Larson. Douglas has been investing for over 15 years, doing everything from flipping, buy and hold, lease options and more. Additionally, Douglas has some great stories of working for several weeks on a Guru sales floor, and sheds new light on the shady sales world that we, at BiggerPockets, stand so strongly against. You definitely don’t want to miss this entertaining and informative show! Read the transcript for episode 41 with Douglas Larson here. In This Show, We Cover How Douglas started investing in an expensive location Tips for starting while working a full time job How to encourage your spouse to support your REI dream Tips for bidding for properties in online auctions “Scandal” in the online auction world Working with your spouse in a real estate business Lessons learned while working the “Guru” sales training Tips for dealing with contractors and keeping them on the job site And a lot more! Links from the Show What Does the Fox Say (See the Video Below!) The 9-Year-Old Idea That Continues to Change Lives: Happy Birthday BiggerPockets! The BiggerPockets Podcast Homepage (Check out our new photo!) The BiggerPockets Resources Page BP Podcast 028: Note Investing and Raising Private Money with Dave Van Horn BP Podcast 037: Full Time Income, Part Time Lifestyle Real Estate Investing with Aaron Mazzrillo BP Podcast 034: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson Young John T Reed – The B.S. Checklist Postlets.com **Also – be sure to check out this great article from Douglas from over in the BiggerPockets Member Blogs with even more information from Douglas, as well as some photos of some of the properties mentioned in the show! “Bigger Pockets Podcast Show 41…” ** Books Mentioned in the Show The 4 Hour Workweek by Timothy Ferriss Rich Dad Poor Dadby Robert Kiyosaki Rich Dad’s Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons by Robert Kiyosaki The Millionaire Next Door by Thomas J. Stanley 7 Habits of Highly Effective People by Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt Tweetable Topics People pay good money for turn key investments (Tweet This!) A lot of people can talk story – but not everyone get’s it.(Tweet This!) Luck doesn’t fall from the sky. You make your own luck.(Tweet This!) Connect with Douglas Douglas’ Website: LuckyLarson.com Douglas’ 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 41.
0:04.0	You're listening to Bigger Pockets Radio,
0:07.0	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 height, you're in the right place.
0:16.0	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.
0:22.0	Your home for real estate investing on the market. benefited from BiggerPockets.com.
0:22.8	Your home for real estate investing online.
0:25.9	All right, everybody, what's going on?
0:27.1	This is Josh, your host of the BiggerPockets
0:29.3	podcast here with The man from Japan.
0:35.0	Brandon Turner.
0:37.0	I'm about as far from Japanese as I could be.
0:40.0	I have pasty white here and very Swedish looking. Indeed you are. Indeed you are.
0:46.7	What did the fox say, Brandon? What does the fox say? If you guys don't know that reference,
0:52.2	look it up on YouTube.
0:53.2	It'll make you laugh.
0:55.2	And don't blame me for it.
0:56.6	Or you can.
0:57.6	I get really mad when you when you when you look at that YouTube reference.
1:01.1	Yeah, and you wake up in the middle of the night singing the song in your head.
1:06.2	Oh, I have Josh the thing for that.
1:07.8	Anyway, how you doing?
	...

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