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BiggerPockets Real Estate Podcast

768: Seeing Greene: Do This BEFORE You Leave Your 9-5 Behind

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 21 May 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Want to go full-time into real estate investing? In only a few short years, you’ll be able to make millions of dollars, own a mansion on the beach, and ride your gold-plated jet ski into the sunset without ever having to work again…Of course, none of that is true. But, it’s precisely what the online “gurus” have been peddling for years, seductively luring in burnt-out workers by promising unimaginable income without much upfront work. If you REALLY want to build wealth and amass a portfolio of passive-income-producing properties, this is the show for you. We’re back with another Seeing Greene, where David goes hard on the havoc real estate gurus have unleashed. He’s here to tell you the truth about getting rich with real estate and why quitting your job to follow your dreams isn’t always the best choice. But, if you follow David’s advice, you can grow a skillset and investment portfolio that’ll lead you to the promised land of plentiful passive income. In this show, we’ll touch on topics like how to supplement your income to buy more properties, turning your side hustle into a full-time gig, when to quit corporate to pursue your real estate dreams, and how agents can instantly get better at their jobs. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The truth about going full-time into real estate and why you might want to hold on to your job How to build up enough capital to start investing even on a median salary Turning your side hustle into a fully-fledged business and how to know you’re ready to make the leap Real estate roles to look for when transitioning out of your job and into real estate full-time What the gurus aren’t telling you about having a career in real estate Three things that ANY real estate agent or realtor can do to level up their success And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 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 David’s YouTube Channel Work with David Use the BiggerPockets Calculators to Analyze Properties BiggerPockets Real Estate Podcast 741 BiggerPockets Real Estate Podcast 753 (Tax Ep) Books Mentioned in the Show: SOLD by David Greene SKILL by David Greene SCALE by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-768 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pogas Budcast Show, 768.

0:03.9

It is easy to complain about your job,

0:06.2

easy to complain about your boss,

0:08.0

easy to complain about the lack of opportunity,

0:10.2

easy to complain about the ceiling

0:11.8

that you have that stops you from doing something,

0:13.7

easy to complain about the commute,

0:15.6

all the things we don't like.

0:17.0

Rather than complain, first off,

0:18.8

can you look at all the benefits?

0:19.9

Yeah, I have a ceiling, but I also have a floor.

0:21.8

That paycheck seems to come in every single two weeks,

0:24.1

even if I don't show up and do a great job.

0:26.0

Can you also look at the fact that the boss

0:28.1

maybe take it all the risk?

0:29.4

You're not taking any of it.

0:30.5

And then lastly, can we look at earning our way

0:33.7

into having more influence, more opportunity,

0:36.4

doing well with what we have now

0:38.3

before we ask for more.

0:39.6

What's going on, everyone?

0:40.6

Steven Green, and if you're watching on YouTube,

...

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