43: Getting Started, Making Offers, and Crazy Properties with Shaun Reilly

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 7 November 2013

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today’s episode of the BiggerPockets Podcast we sit down with real estate investor Shaun Reilly to talk about a wide range of topics – from getting started while living in an expensive area to wholesaling, putting in offers, flipping houses, buy and hold, and a lot more. This interview was a ton of fun to do and there are so many great nuggets of information that anyone who listens will walk out with skills they can apply to their real estate investing business. Read the transcript for episode 43 with Shaun Reilly here. In This Show, We Cover: How to start investing when properties are super expensive The benefits and pitfalls of investing in condos How Shaun got his first successful flip from a failed wholesale deal Investing in real estate with a credit card Shaun’s direct mail campaign – and how he got the list for free Tips on working with real estate agents Offering on HUD Properties Offering on hundreds of properties to see what sticks The mistakes Shaun has made in his real estate investing The craziest property anyone on our show has ever purchased And more! Links From the Show: BP Podcast 038: Unique Strategies for Buying Real Estate with Travis Daggett Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki Rich Dad’s Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! by Robert Kiyosaki Nothing Down: How to Buy Real Estate With Little or No Money Down by Robert Allen The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen R. Covey Getting Things Done by Robert Allen Tweetable Topics Don’t focus on simplistic things that are easy to do but are not effective. (Tweet This!) The key to buying troubled properties is buying them at the right price. (Tweet This!) There are two kinds of real estate investors – those who make a lot of money and those who give up too soon. (Tweet This!) Connect with Shaun Shaun’s BiggerPockets Profile Shaun’s BiggerPockets’ Member Blog Shaun’s Lead Gen Website: http://www.rre-homes.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets Podcast, Show 43.
0:04.0	You're listening to Bigger Pockets Radio,
0:07.0	simplifying real estate for investors large and small.
0:11.0	If you're here looking to learn about real estate investing without all the
0:14.2	height, you're in the right place. Stay tuned and be sure to join the millions of
0:19.2	others who have benefited from bigger pocketsPockets.com.
0:22.9	Your home for real estate investing online.
0:25.8	What's going on everybody?
0:26.7	This is Josh Dorck and host of the BiggerPockets
0:29.1	podcast here with my co-host, Brandon Turner.
0:33.0	Thanks for not giving me a nickname this week, Josh.
0:36.0	Oh man, you know, you've been crying the past couple of episodes so I figure I'd be,
0:41.0	I'd go easy on you.
0:42.0	Tears have been shed they have indeed they have indeed
0:45.2	how you been man doing good i'm doing i'm doing great i'm uh i'm doing great
0:49.2	actually yeah uh... thanksgiving is right around the corner and we're excited for that.
0:53.0	Yeah, yeah, we're at show 43.
0:55.0	This is 43 weeks in a row, 43 third week of the year, it's crazy.
1:01.0	It has been crazy.
1:02.0	We're coming up on the big 50 so yeah, you know it's it's bananas but
1:07.0	Let's let's jump into this one we've got kind of a cool show today with a with Sean Riley from Newton Mass. Sean is a buy-and-hold
1:17.3	investor who became a house flipper who also has purchased properties at long distance and yeah we're going
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.