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BiggerPockets Real Estate Podcast

69: Getting Your First Deal, Quitting Your Job, and Successful Marketing with Brandon Krieg

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 8 May 2014

⏱️ 81 minutes

🧾️ Download transcript

Summary

On today’s episode of the BiggerPockets Podcast, we sit down and chat with a real estate investor who is a successful wholesaler and rehabber out of the Grand Rapids, Michigan area. Brandon Krieg shares his insights on how he transitioned out of a full-time job to become a full time real estate investor and shares some incredible insight for others who are thinking about making the leap themselves. During the show, Brandon speaks on the importance of integrity in business and the priority of taking care of family and then continues on to shed light on his innovative marketing tactics, that has him averaging a 15-25% response rate with direct mail! Whether you are a new investor struggling to figure out how to generate deal flow or struggling with making the transition from part-time real estate to full-time or you’ve been investing for years and need some marketing tips to take you to the next level, this is the show for you. In This Show, We Cover: How to transition from a full time job you hate to full time real estate How to find good wholesalers The keys you need to succeed at wholesaling How Brandon uses direct mail with an 15-25% response rate How to ethically use bandit signs How Brandon used BiggerPockets to grow his network Who Brandon uses for his direct mail success How many deals should you do before jumping into real estate full time? How to handle leads outside your comfort zone How important are business systems? And a lot more! Books Mentioned in the Show Game of Thrones by George R.R. Martin E-Myth by Michael E. Gerber Lord of the Rings by J.R.R. Tolkien The Book on Flipping Houses by J Scott The Book on Estimating Rehab Costs by J Scott FLIP, by Rick Villani and Clay Davis Tweetable Topics “If I quit real estate when it gets tough, I lose my chance of gaining success from it.” (Tweet This!) “Ask yourself, “If this client was my sister, my cousin or my uncle, how would I help them?” (Tweet This!) “The greatest moments of growth in my life have always been sparked by great books.” (Tweet This!) Connect with Brandon Brandon’s BiggerPockets Profile Brandon’s Website: TheHoneyBeeHomes.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets Podcast, Show 69.

0:05.0

You're listening to Bigger Pockets Radio,

0:08.0

simplifying real estate for investors large and small.

0:12.0

If you're here looking to learn about real estate investing

0:14.8

without all the height, you're in the right place. Stay tuned and be sure to join the millions

0:20.3

of others who have benefited from BiggerPockets.com.

0:24.1

Your home for real estate investing online.

0:27.2

Hey, what's going on everybody?

0:28.7

This is Josh Dorkin, host to the Bigger Pockets Podcast

0:32.7

here with Brandon Turner in the flesh.

0:36.0

What's going on Brandon?

0:37.5

Hey, what's going on everyone?

0:39.1

This is Brandon Turner co-host of the Bigger Pockets

0:41.3

podcast here with Josh. How you doing?

0:44.0

Are you mocking me?

0:45.0

I don't mock.

0:46.0

How you doing?

0:47.0

Such a nice guy.

0:50.0

I'm good, man, I'm good.

0:51.0

Excited about the warming weather, know summers almost year kids are about to get out of school

0:56.2

things are things are going well you're looking forward to your kids getting out of school

1:00.6

yeah why not why wouldn't I because you going to have one coloring all over the walls again.

...

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