473: Quitting the Police Force, Wholesaling, & Buying Notes with David Greene

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 30 May 2021

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

There is only one man on the podcast today that has a beard, and no, it’s not the guitar-playing, surfing, 7-foot tall one. David Greene is “seeing Greene” in this episode and gives new and experienced investors advice and answers on their questions. We go through a range of subjects from real estate notes, quitting a W2, scaling, and whether or not to start a property management business. With David’s experience as a W2 police officer, agent, broker, investor, and lender, he can give all kinds of great answers related to real estate. So whether you’re a newbie trying to get your first deal done or an experienced landlordclosing on a new house every week, there is probably some question David answers that can help you out! All of these questions have been asked by BiggerPockets listeners either via video or from Facebook. If you weren’t able to get a question answered by David this time, you can submit a question at this link. In This Episode We Cover: Purchasing a property from a wholesaler How to place properties under an LLC once purchased Is land worth pursuing or should you stick to properties? When is the right time to quit your W2 and pursue real estate Can you 1031-exchange a flip into a buy and hold rental? And So Much More! Links from the Show Brandon's Instagram David's Instagram BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Youtube Channel BiggerPockets Podcast 457: How Thinking 5 Moves Ahead Can Make You Millions with Patrick Bet-David 6 Mindset Shifts to Make Today to Become Successful Tomorrow BiggerPockets Business Podcast 89: How David Greene Plans to Sell $150 Million of Real Estate in 2021 Rookie Podcast 81: David Greene on Where Rookies Go Wrong When Looking for an Agent Submit Your Questions to David Greene Click here to check the full show notes: https://www.biggerpockets.com/show473 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's going on everybody? I will be your host of today's show David Green. You guys have asked
0:05.1	questions and I've got answers. So normally you guys are used to seeing me sitting next to a seven
0:10.7	foot bearded giant. But today the beard is away and I'm here to play. So we're going to be doing
0:17.1	this show solo which is me and you and your questions regarding real estate. You're listening to bigger
0:22.8	pockets radio, simplifying real estate for investors large and small. If you're here looking to learn
0:29.0	about real estate investing without all the hype, you're in the right place. Stay tuned and be sure
0:34.9	to join the millions of others who have benefited from bigger pockets dot com. You're home for real estate
0:41.1	investing online. Alright so have you wondered more about how you're going to succeed in today's
0:46.4	market? Maybe you have questions about strategies that you can use in specific scenarios that
0:51.7	don't always apply to the podcast. We are going to be seeing green where I give my perspective and
0:56.8	give my advice on just what people should do in different scenarios when it comes to building
1:01.1	well through real estate. Before we get to today's episode, let's hear from me on today's quick
1:08.2	today's quick tip is go to bigger pockets dot com slash David and follow the instructions to
1:13.4	submit your questions to get it answered live on the bigger pockets podcast as long as it's about
1:18.6	real estate and wealth building we want to hear from you. So without further ado, let's get to
1:22.8	the show. We're going to be hearing from bigger pockets members asking their questions and I'm going
1:26.7	to do my best to answer them. Alright next, let's get today's show sponsors. Let's go to the Facebook
1:32.6	forums and see what questions we've got first. Today's first question comes from Rhett M Rhett
1:39.4	asks purchasing an assignment from a wholesaler. What do I need to know? They have their own attorneys
1:45.6	and title company doing all the work. Should I have an attorney look over the contract on my side?
1:52.2	Alright, this is a good question because more and more people are actually buying deals from wholesalers
1:56.7	right now. You should expect to see more of this the hotter that a market gets when there's plenty
	...

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