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BiggerPockets Real Estate Podcast

542: 22 Doors After “Starting from Negative” w/Billy Dha Kidd

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 9 December 2021

⏱️ 63 minutes

🧾️ Download transcript

Summary

Billy Dha Kidd is better known for his rapping than his real estate skills, but both careers are worth celebrating. Billy’s early life was anything but comfortable — growing up in El Salvador, he was used to no running water and no electricity. He likes to say that he didn’t start at zero but started at negative one-hundred. Billy’s family immigrated to the United States when he was 10 years old, moving first to California and then later to Nebraska.

As a teenager, Billy began rapping as a way for him to express himself but found he loved the craft. Rapping allowed Billy to fill his time with something positive, instead of taking the wrong path many of his friends were on. His rap taught him sales skills, business skills, how taxes work, and most importantly, how to make money.

Reading stories of generational wealth, Billy was compelled to start investing in real estate. He got his first deal, learned a lot about the BRRRR strategy, and continued to put his knowledge to work. Now, he’s sitting on twenty-two doors between eighteen different properties. He gives credit to simply taking responsibility for his outcomes, instead of blaming others or the system around him.

In This Episode We Cover:

Building wealth even if you started with a disadvantage

Developing sales skills and using them when buying and selling properties

Generational wealth and why it means more than just getting rich

Finding deals both on and off-market for the BRRRR strategy

The biggest hurdles that come with owning a large rental portfolio 

Creating a sellable, scalable business so you work less and make more

And So Much More!

Links from the Show:

BiggerPocket's Ultimate Beginner's Guide to Real Estate Investing

Open Door Capital

BiggerPockets Podcast 537: 10 Best Books for Real Estate, Health, and Wealth

Brandon Turner's Instagram

Universal Music Group

Myspace

MLS (Multiple Listing Service)

Zillow

Realtor

Wells Fargo Bank

Chase Bank

The One Brokerage - The David Greene lending team

Check the full show notes here: http://biggerpockets.com/show542

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This is the bigger pockets podcast show 542 where we sit down with Billy DeKid the Lord of the land.

0:08.0

You could look at it the other way or this way it's all mindset honestly you know people say they're waiting for the economy to change or the real estate market a change in order for them to jump on and it's like literally they know when these to change is their philosophy their mindset is what needs to change nothing else matters once you do that.

0:25.1

So change your thinking and once I change that thinking everything around me changed I stopped blaming the government I stopped trying to talk taxes or the market I took responsibility.

0:34.9

What's going on about is Brandon Turner host of the bigger pockets podcast the show where it's our mission to lead you down the path to financial freedom we do that by bringing on expert investors and taking them through tactics the mindset the mistakes that led to their success so that you can take the next meaningful next steps toward living your dream life.

1:01.2

And of course here with me is my co host Mr David green David Green what's up man welcome Brandon I also want to add that if anyone is new here on this podcast they should check out the ultimate beginners guide it's a great little ebook a quick read and the best part totally free you can find it at bigger pockets dot com slash UBG for ultimate beginners guide that's not like a quick tip with that the quick tip was pretty quick is the quickest quick tip I've ever given.

1:26.8

Now you are not known for being a Terce so if you got David verbose green today and our guest again today is Billy de Kid and he is a musician a hip hop artist a Instagram celebrity will call him that and really all around cool dude who's done some awesome stuff in real

1:50.0

and it owns up to 22 units right now close on a few more shortly financial freedom is got enough you quit his job a couple years ago also does a construction company as a bunch of other cool stuff management company all this cool stuff you're going to learn about it today and with so cool but today's interview is he's just so darn relatable like it didn't come from a ton of money he came from actually what he calls is like not like starting from zero but starting from like negative to get to worry us today and so it's one of those shows it's inspirational and educational all wrapped in one so that said before we get to it.

2:20.0

Got a couple quick things to cover first. Okay next up let's hear from today's show sponsors.

2:25.7

Have you met your 2022 real estate investing goals it's almost 2023 so let's get moving the best way to get started is to partner with an investor friendly real estate agent that can help you find analyze and close the right deal in the right market like David Green in San Francisco Rob Shevaz and DC and dolly a call off out of Tulsa these agents are true experts in their markets and are committed to helping you close the deal that's right for you no matter where you are in your

2:49.8

investing journey so how in the world do you connect with top agents like David Rob and dolly bigger pockets agent finder it helps you find the right agent for your strategy and

2:58.8

interesting markets that you should check out like San Diego Washington DC and Tulsa and agent finder is free and easy to use so check out agent finder at bigger pockets dot com slash deals to find the perfect

3:10.8

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