On today’s episode of the BiggerPockets Podcast, we talk with real estate investor Darren Sager about his fascinating business model involving buy and hold real estate, live-in flips, and managing properties with minimal hassle. This show is crammed full of awesome, actionable ideas, tips, and lessons – so don’t miss a second of it! Read the transcript for episode 48 with Darren Sager here. In This Show, We Cover: The college professional who got Darren started When to use the 1% rule How Darren bought his first property for almost nothing down The $400,000 live-in flip The #1 most important characteristic Darren looks for in properties The secret to renting property to people with children How to save thousands of dollars using YouTube. And a whole lot more Links from the Show The Real Estate Agent’s Ultimate Guide to Working with Investors by Brandon Turner How I Found, Analyzed, and Bought an Ugly Purple Rental Property Brandon Bought a “Waldo” Rental Property…. But Should You? Allure Vinyl Plank Flooring PayNearMe Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki The 4 Hour Workweek by Tim Ferriss The E-Myth Revisited by Michael Gerber Millionaire Real Estate Investor by Gary Kellar Millionaire Real Estate Agent by Gary Kellar All You Can Do is All You Can Do, but All You Can Do Is Enough by Art Williams Hamburger America by George Motz Tweetable Topics “If a deal doesn’t at least meet the 1% rule – run away.” (Tweet This!) “It may be cliche, but when buying real estate… location is everything.” (Tweet This!) “The worse condition a property is in, the more I’ll love it!” (Tweet This!) “The most successful people are those who failed the most.” (Tweet This!) Connect with Darren Darren’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices