4.8 • 16.5K Ratings
🗓️ 11 November 2021
⏱️ 65 minutes
🧾️ Download transcript
Having limited lung capacity while playing college basketball seems almost impossible. But, like almost everything else in Nolan Gottlieb’s life, he pushed through it to accomplish his dreams. Hard work and determination are what allowed Nolan to step onto that basketball court, even with a severe physical disadvantage. The same determination is exactly what allowed him to close on nineteen units in just ten months of investing.
Nolan didn’t know anything about real estate; he couldn’t even describe what a mortgage was if you asked. But, as he ventured off the basketball court and became a real estate agent, he knew that agent commissions wouldn’t protect him and his family if he got sick again. He needed long-lasting wealth, passive income, and an ability to scale his success.
He started out partnering with a friend on a BRRRR. It went so well, he decided to tackle an off-market deal. Nolan was able to close not only on one off-market deal, but on a fourteen-unit apartment building as well, thanks to his six steps to find “buried gold” in his market.
In This Episode We Cover:
How to accomplish your goals, even if you start at a severe disadvantage
Why passive income sources far outweigh one-time profits
The six steps to finding profitable, undervalued off-market properties
Taking down a fourteen unit apartment building as a rookie
What appraisers look for when going through your property
Discovering your “why” behind investing in real estate
And So Much More!
Links from the Show:
BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming
Duke University's Blue Devils Basketball Team
Brandon Turner BiggerPockets Profile
Check the full show notes here: https://biggerpockets.com/show530
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0:00.0 | This is the bigger pocket's podcast show 5 30 on today's show we talk about finding off market gold seller financing wins and the six step process to contacting off market leads that you need to know about my life went from being black and white to now being in color. |
0:16.6 | And it's just that perspective so much that you know I don't wake up every morning thinking I've got to go work or. |
0:23.7 | Oh whatever now it's like oh my goodness this is exciting let's go see what we can find today and let's go see what we can accomplish today. |
0:37.7 | What's going on everyone this is David Green your host of the bigger pockets podcast here on the bigger pockets podcast we get into how you can build wealth through real state today. |
0:47.7 | We do that by bringing on top performers expert investors and just plain regular people we lay out the tactics and mindset that they used to be successful so that you can copy it if you do one simple thing. |
0:59.2 | Take prudent consistent action today we have a great show for you we are going to be interviewing Nolan Gottlieb of Georgia who has been putting together a very impressive portfolio with grassroots efforts that anybody can achieve. |
1:13.7 | We're going to be covering how he was able to walk on to a basketball team that he really had no business playing on in his own estimation then went on to receive a double lung transplant they gave him a new lease at life and he shares the mindset he has has him exploding after what he calls lightning in a bottle which is finding off market deals and some deals to the MLS but basically he fell in love with real state with his new lease on life and he has a great story this is very heartwarming it's also very educational we get it. |
1:43.7 | And to a lot of very practical things that anybody can do from things as simple as driving around and seeing an ugly house and then contacting the seller to joining a real estate team if you actually want to work in the agent space and sort of using those two realms to work together real estate sales and real estate investing to build your own portfolio. |
2:01.7 | Okay next up let's hear from today's show sponsors. |
2:05.2 | You already know that real estate is the most powerful wealth generating tool ever created but where do most investors get stuck they don't know how to find a great deal. |
2:13.2 | The deal machine app gives you everything you need to get started finding incredible off market real estate deals this simple yet powerful technology has helped investors do over 10,000 deals to date. |
2:23.0 | Do you have a smartphone know the tool gives you everything accessible on the go deal machine helps you build your own list of distress properties by driving for dollars or virtually driving for dollars instantly reach out to sellers with the press of a button you can automate your follow up until you land the deal. |
2:37.4 | Plus their MLS comps tool helps you make confident offers on the spot bottom line wherever you're listening to this podcast deal machine has everything you need to find deeply discounted real estate deals and just for BP listeners you can start a free trial and get 53 postcards to reach sellers by going to deal machine dot com slash podcast that's deal machine dot com slash podcast. |
2:57.9 | As home prices and interest rates continue to rise it's getting harder to find quality flips wholesale deals and listings when there's not enough on market inventory to go around it's time to start looking off market lucky for you there are millions of homeowners nationwide who own a property they need to get off their hands but how can you find these motivated sellers got two words for you props dream it props dream is a leading real estate data provider with hundreds of search filters like pre foreclosure bankruptcy pre probate and more to help you. |
3:27.9 | Find motivated sellers don't have access to the MLS no problem props dream offers both public record data and an MLS sales estimate that's over 99% accurate to help you get the most accurate comps even in non disclosure states get started today by trying their seven day free trial. |
3:43.4 | Head over to www.propstream.com slash BP that's www.propstrem.com slash BP don't pull your hair out to find leads in this crazy market props dream it. |
3:57.6 | The real estate rookie roadshow is headed to Phoenix Arizona on December 12 join us for networking a live podcast reporting and meet and greets in the valley of the sun spots are limited for this much anticipated event so lay yours at bigger pockets dot com slash rookie live that's bigger pockets dot com slash rookie live. |
4:19.3 | Please make sure you stick around to the very end of the day show we drop parallel between how he was successful in basketball and how he is successful in investing in real estate there's actually some very similar patterns that he copied from his career basketball that are making him successful real estate and here's why I want you to hear it no matter who you are you might not play basketball but you do something you have a job you are involved in athletic endeavors you have a hobby you are good in relationships there's something that you are doing that you do well and there's a lot of work to do. |
4:49.3 | The way to take the elements that make you successful in that space and apply them to real estate investing so you can be more successful in this space a lot of people are walking around with gold buried inside them that they don't even realize and today's conversation will help you figure out where you've got an advantage over other people where you have a skill set that will really help you and apply it to real estate. |
5:10.3 | All right Nolan what's going on welcome to the bigger pockets podcast how are you I'm glad to be here thanks for having me. |
5:15.3 | Yeah I'm actually doing really good thanks for asking I'm wearing my favorite t-shirt today it's the bigger pockets follow the fire method where it's a principal bigger pockets preaches that if you think about what you get excited about what gets you jazzed up what gets you. |
5:29.4 | Just basically overall optimistic about life that's a good indication of where you should be spending your efforts and you have a very cool story that I'm excited we're going to get to share with people about how you sort of found your fire and then fuel that fire into a fantastic flame that's a lot of F's. |
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