641: 15 Rentals in 1 Year (While Running 3 Businesses!) by Putting Time First w/Christian Bachelder

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 28 July 2022

⏱️ 94 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Vacation rentals, real estate agent commissions, brokerage fees, insurance quotes, and everything in between just start to scratch the surface of who Christian Bachelder is. Some of you may have seen Christian before on our YouTube channel where he talks about interest rates, loan products, and other future financing projections. But today, Christian gets to talk about how he not only built a large rental portfolio but did so while running multiple businesses. Even as full-time workers, many Americans feel like they don’t have enough time in the day to relax, let alone invest. So how does someone with a jam-packed schedule, a lot of pressure, and a mountain of responsibilities find time to not only buy one rental but fifteen rental properties in a year? To Christian, it took a bit of trial and error, but the answer is simply making your time as efficient as humanly possible. He’s been able to heavily invest, start and run one of the top mortgage brokerages in the country, work as an agent, and provide insurance to clients as well. He drills down into what business owners and investors alike need to do to reclaim their time, and once it’s theirs, use it to the highest and best use. He also drops some financing pro tips that may help you lower the down payment you need or close with a better-than-average interest rate! In This Episode We Cover: Turning your referrals into full-blown businesses that can build your wealth Why investors should always choose brokers, lenders, and agents who invest themselves The velocity of time and why focusing on “return on time” beats ROI when investing Creative financing and loan programs that can save you serious cash at closing Partnering up to not only buy real estate but build businesses faster How to get three times more work done in the same amount of time And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Short-Term Rental Calculator Work with The One Brokerage on Your Next Loan Books Mentioned in the Show SOLD by David Greene SKILL by David Greene BRRRR by David Greene Long-Distance Real Estate Investing by David Greene Never Split the Difference by Chris Voss Connect with Christian: Christian's Email Christian's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-641 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets Podcast Show 641.
0:04.8	But you never know, right? Your next relationship, your next lead, your next investment
0:09.5	partner could come from anywhere. And if you're always thinking of maximizing the time
0:13.7	that you're spending through your life, it compounds. It just like money does, right?
0:17.8	Everybody has their 401k that, you know, compounds on interest every year. Time is the same exact
0:22.7	way. And if you choose very carefully where you put that first minute, before you know it,
0:26.6	you're getting five or ten minutes out for every minute you spend.
0:29.0	What's up everyone? This is David Green, your host of the Bigger Pockets Real Estate podcast.
0:33.0	Here with my co-host Rob Abasolo. Rob has it going today.
0:36.4	I'm feeling good, man. I'm feeling really good. I'm closing all my rings on my Apple Watch. And
0:41.4	that's honestly the only goal that's a requirement every single day. It's closing my rings,
0:47.1	getting my steps in, burning some calories, and hopefully, you know, get a little bit towards
0:52.9	the who I used to be physically. That's what I'm, it's my big project for the next two or three
0:57.2	months. It's no joke. And then it's over. Then I'm done. I'm just kidding. Yeah, I'm obviously trying
1:01.2	to maintain fitness while you're able to make money. It's really hard. It's so hard because you're
1:05.3	like, oh, if I take off two hours and I go workout, I might lose 10 grand. Like it's always in your
1:10.0	head. It's very hard to stay disciplined with that. Yeah. The channel pandemic, everything,
1:16.1	everything just really put up, oh, having kids put a pause on anything physical for me for like
1:21.4	the last two years. And as someone who's always on camera, I was like, okay, all right, all right,
1:26.0	buddy, it's time. It's time to trim you up, pal. So I give myself motivational talks in the mirror
1:31.5	every day. Well, let's keep at it. You can always send me those gym selfies, man. We'll keep
1:35.4	each other accountable. That's right. You send me those every so often. Today's show is nothing
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.