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BiggerPockets Real Estate Podcast

6: Investing While Holding a Full Time Job with Arthur Garcia

BiggerPockets Real Estate Podcast

BiggerPockets

Business, Investing, Education

4.8 • 16.6K Ratings

🗓️ 21 February 2013

⏱️ 64 minutes

🧾️ Download transcript

Summary

Investing in real estate while holding a full time job may not always get the most discussion in the real estate investing world – but there are thousands (if not millions) of investors who do just that. On today’s episode of the BiggerPockets Podcast, we sit down with Arthur Garcia, a busy part-time investor who has massed an impressive collection of rental properties while holding a full time job. This show is filled with a ton of really great tips to help any investor – large or small – be more efficient with their investing time. In addition – this was probably the most humorous show to date! Before we jump into it – we want to once again thank everyone for subscribing to our show in iTunes and leaving us a review. We are up to 99 Five Star reviews and over 25,000 downloads! Thank you to everyone! Read the transcript of Episode 6 with Arthur Garcia here. In Today’s Podcast, We Cover: How to invest when prices are too high in your area. How to get started with “buy and hold” investing when you don’t have much money or time. How to use use “cost to rebuild” to predict the future of your market. Why Arthur and his wife sold their primary residence to live in an apartment while buying rental property. The “super creative way” to find flexible lenders. How to find “Portfolio loans.” A great way to legally get around the “10 loan” limit for mortgages. Why investing while holding a job gives you an advantage. Tips for finding a great property manager. The story of a topless 90 year old woman that finally convinced Arthur to hire a property manager. Tweetable Topics: “You can’t save your way to serious wealth in retirement.” Tweet This Quote! “That first rental check fueled my addiction for real estate investing.” Tweet This Quote “Do everything you can to take advantage of the downturn in the market” Tweet This Quote! “You gotta draw a line in the sand and place your bet on where you think the market is going to go.” Tweet This Quote! “To invest in real estate while holding a full time job – you need to find ways to build systems.” Tweet This Quote “What makes the top performers stand out? The Art of the Side Hustle” Tweet This Quote! Links from the Show: BiggerPockets Summit – Conference 2012 Steve Landis Michael Zuber P90X Insanity Books Mentioned in the Show: The BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing The E-Myth by Michael Gerber Rich Dad Poor Dad by Robert Kiyosaki How I Turned $1,000 into Three Million in Real Estate in My Spare Time – by William T Nickerson How to Win at the Sport of Business by Mark Cuban About Arthur Garcia Arthur Garcia is a buy and hold investor in Southern California who is buying up dozens of homes while working a full time job. Arthur acquires properties using a combination of hard money, HELOCs, partnerships and private investors. You can find out more about Arthur at: Arthur’s BiggerPockets Profile Arthur’s Blog – The Buy and Hold Guys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is the Bigger Pockets podcast show six.

0:04.0

You're listening to Bigger Pockets Radio.

0:07.0

Simplifying real estate for investors large and small.

0:10.0

If you're here looking to learn about real estate investing without all the hype, you're in the right place.

0:16.0

Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.

0:22.0

Your home for real estate investing online.

0:25.0

Hey everyone, it's Josh Dorkin with BiggerPockets.

0:28.0

Here with Show6.

0:29.0

I've got my co-host with me, Mr. Brandon.

0:31.0

Mr. Brandon, what's up Brandon?

0:32.0

Hey, not much, much Josh I don't

0:34.0

if you just heard that but that was my cat meowing in the background saying hello as

0:37.0

well I can hear something meowing I hope it's your cat that is

0:41.2

that is well I hope it's your cat. That is. Well, we got a great show, man.

0:46.2

This is going to be an exciting episode ahead.

0:50.8

We've got Arthur Garcia with us who's a he's a sharp guy he's not only a sharp guy but I think we're gonna have some fun fun to come

1:01.3

Yeah Arthur's Arthur's actually one of the reasons I became a bigger

1:05.1

Pocket's blogger originally actually because Arthur reached out to me and actually called me on the phone

1:11.2

we talked for a while and he's kind of got me connected with you and so I actually owe a lot of my

1:16.8

Bigger Pocket's connection to Arthur, so I am extremely excited to have him on the show today

1:21.3

I was not aware of that that so I guess I'm excited as

1:25.1

well. Let's talk a little bit about Arthur. Arthur is a successful buy and

...

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