David Greene Shares 6 Ways to (Safely) Get Rich in TODAY’s Real Estate Market

The BetterLife Podcast: Wealth | Real Estate Investing | Life

Brandon Turner and Cam Cathcart

House Flipping, Multifamily, Real Estate, Wealth, Investing, Business, Real Estate Investing, Self-development, Entrepreneurship, Rental Properties, Health

4.8 • 767 Ratings

🗓️ 18 June 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ever heard the expression “what got you here won’t get you there”?

It’s especially true for real estate investors today. Instead of finding great deals – or getting bailed out thanks to rising values – you’ve got to make great deals and unlock hidden value.

So we brought in BiggerPockets Podcast host David Greene for a game of “How Do I…”, where he and Brandon break down 6 different real estate investing strategies, and how to execute each one – today – without putting yourself at risk of financial ruin.

Recorded in front of a live audience at the BetterLife REI Summit last month, this episode covers:
- Does traditional 20% down rental property investing still work in 2024?
- How to “make” the deal rather than finding it
- Two things you must do to successfully BRRR in today’s market
- Why this is actually a great market for flipping houses
- Is it a good time to wholesale?
- How House hacking is up to 7X more efficient than buying rentals
- The risks of commercial real estate investing in this environment
- A super-detailed breakdown of cap rates and commercial vs. residential financing

Books Mentioned:
- Traction by Gino Wickman
- Rich Dad Poor Dad by Robert R. Kiyosaki

This value-packed episode was part of the 2024 BetterLife REI Summit – hosted by the BetterLife Tribe, where we help you build wealth through real estate without losing your soul 🏄. Learn how to get involved here: https://join.abetterlife.com/tribe

Connect with David:

Books: https://store.biggerpockets.com/collections/more-by-david-greene

Website: https://the1brokerage.com/

BiggerPockets Podcast: https://podcasts.apple.com/us/podcast/biggerpockets-real-estate-podcast/id594419649

Instagram: https://www.instagram.com/davidgreene24/

TikTok: https://www.tiktok.com/@officialdavidgreene

Connect with Brandon:

📸 Instagram: https://www.instagram.com/beardybrandon

💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/

📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/

💻 OpenDoor Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/

📸 OpenDoor Capital’s Instagram: https://www.instagram.com/opendoorcapital/

Connect with Cam:

📸 Instagram: https://www.instagram.com/cam.cathcart/

💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/

💻 Revel City HomeBuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/

📸 Revel City HomeBuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/

Transcript

Click on a timestamp to play from that location

0:00.0	You look at the deals other people did and you ask them questions about like what are they seeing.
0:07.2	And this is something I think is good advice for everything in life.
0:10.0	When you're around someone who's really good at something masterclass, I'm always asking questions to try to get like, let me get in your head.
0:16.0	I want to see the world from your eyes.
0:18.0	Like I was hanging out with Brandon yesterday and he said, do you want to play a video game? And I said yeah my feet really hurt, maybe Mario Kart.
0:23.6	And he goes, no, let's play Dance Revolution. It'll be way better on Instagram.
0:26.6	I don't even think about what would be good on Instagram. It never crosses my mind. But
0:32.5	when I'm around Brandon, it's like getting this view from a place that I never look at. And
0:36.9	every time I'm like,
0:37.8	this guy is so smart. Welcome to the Better Life podcast where we talk about real estate investing,
0:45.5	building wealth, and all in all living a better life. My name is Brandon Turner and I've spent
0:49.7	my life investing in real estate to achieve financial freedom. And alongside my co-host, Mr. Cam
0:55.9	Cathcart, we want to help you do the same. On this show, you're going to hear from world-class
1:02.5	guests who have been handpicked to help you level up your investing, your leadership, your goals,
1:09.1	your habits, and more to become the very best version of yourself.
1:14.4	So, join us as we explore the habits, the actions, the beliefs that it takes to build wealth
1:19.9	through real estate investing without losing your soul. We set on signs Oh, you're better life.
1:28.3	So, without further ado, would you please give it up for Brandon and David as I come up one more time?
1:59.4	Oh, hey, I didn't say sit down. I'm just getting sit down.
2:03.2	All right. Hey, we're going to sit down too. Because David's been standing for a while and I'm lazy. So, hey everybody. You guys have a good time?
2:12.4	Anybody losing their voice? Yeah, all right. I don't mind that, right? I'm going to go hard tonight. I'm going to lose
2:18.9	it all entirely, and tomorrow I'll be sounding like Matt Buck. Any of you heard Matt Buck today?
	...

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