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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI312: Start with Strategy w/ Dave Meyer

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Business, Investing

4.6593 Ratings

🗓️ 18 December 2023

⏱️ 60 minutes

🧾️ Download transcript

Summary

Patrick Donley (@JPatrickDonley) sits down with Dave Meyer, VP of Data and Analytics at Bigger Pockets and author of the forthcoming book, Start with Strategy. They do a deep dive and discuss why picking the right strategy is key to your real estate investment success. You’ll also learn how Dave got into financial independence, what the early days of Bigger Pockets were like, and also Dave’s thoughts on where and what asset class he would be investing in given today’s market conditions.  Dave Meyer has spent his career working in the technology industry while also investing in real estate. In 2016, he took the opportunity to combine his professional passions for real estate and technology and joined BiggerPockets, where he now serves as the VP of Data and Analytics.  Dave has been a rental property investor in Colorado since 2010 and invests passively nationwide. He's also the host of the BiggerPockets On the Market podcast, which started in 2022 and is growing rapidly as a one-stop source for all things real estate analytics. Outside of work, he enjoys traveling, eating sandwiches, and being outside. He currently lives in Amsterdam, Netherlands. IN THIS EPISODE, YOU’LL LEARN 00:00 - Intro. 02:50 - How Dave was part of eating the world’s largest hamburger. 05:42 - Why studying abroad was the inspiration for moving to Amsterdam. 08:02 - How Dave got interested in personal finance and investing. 08:41 - How one of Dave’s first entrepreneurial ventures went. 14:04 - Why data analytics intrigued him. 21:22 - What the early days of Bigger Pockets was like. 27:20 - How the writing process for Start with Strategy went. 28:36 - Why investor’s need a guide to pick the right real estate strategy. 30:47 - What is the resource triangle. 34:58 - What Dave’s first real estate investment was and what he contributed to it and much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.  Dave Meyer’s book: Start with Strategy. The Everything Guide to House Hacking by Robert Leonard. The Lean Startup by Eric Ries. Traction by Gino Wickman. The One Thing by Gary Keller. Real Estate by the Numbers by J Scott and Dave Meyer. Real Estate Rookie by Ashley Kehr. Wealth Without Cash by Pace Morby. Check out all the books mentioned and discussed in our podcasts here. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Masterclass Babbel Shopify Connect with Patrick: patrick@theinvestorspodcast.com Connect with Dave: Website | Instagram | Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. You know, I think the thing that's most important is knowing what you want and being persistent about it.

0:06.3

And start with strategies really helps you know what you want. And I honestly, I find that so many people don't know what their financial goal is or don't actually have a specific goal or what they want their lifestyle to look like.

0:19.1

And I know for some people that might feel like, oh, I'll get to that one day.

0:22.5

But I truly believe that having a clear idea of what you're trying to accomplish is essential

0:28.2

to accomplishing that goal.

0:29.9

And so start with strategy allows you to figure out what you want and then sort of like back

0:35.1

into the right tactics, the right deals that will support that

0:38.6

long-term vision.

0:42.5

Hey, everybody. In this week's episode, I got to sit down with Dave Meyer, who's the VP of Data

0:47.2

and Analytics at Bigger Pockets and the author of the forthcoming book, Start with Strategy.

0:51.9

We did a deep dive into Dave's book and discussed by picking

0:54.7

the right strategy is key to your real estate investment success. You also learn how Dave got

1:00.0

into financial independence, what the early days of bigger pockets were like, and also Dave's

1:04.7

thoughts on where and what asset class he would be investing in given today's market conditions.

1:10.1

Dave Meyer has spent his career working in the technology industry while also investing in real estate.

1:15.0

In 2016, he took the opportunity to combine his professional passions for real estate and technology and join bigger pockets.

1:23.2

Dave has been a rental property investor in Colorado since 2010 and invests passively nationwide.

1:29.3

He's also the host of Bigger Pockets on the Market podcast, which started in 2022,

1:34.2

and is growing rapidly as a one-stop source for all things, real estate analytics.

1:38.7

Outside of work, he enjoys traveling, eating sandwiches, and being outside,

1:42.1

and currently lives in Amsterdam, Netherlands.

1:45.0

Be sure to head to BiggerPockets.com slash strategy book to win a free copy and be the first to know

...

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