Transcripts (10)

420: Finding the “Sweet Spot” in Multifamily: Scaling to 150+ Units with David Grabiner

BiggerPockets Real Estate Podcast

  • 8 views
  • 9 days ago
  • 01:18:58

David Grabiner takes the term “long distance investor” to the extreme. While he was a hospital administrator in the Democratic Republic of Congo, he was calling real estate agents in Chattanooga, Tennessee trying to scoop up multifamily deals.David started out by partnering up with his father, buying a quadplex that helped him get his initial training in property management. He later scaled up his and his father’s investment portfolio to 24 units, and then, within 3 years, scaled up his own investments to 150+ units!This meant that David had to quit his job and go full-time into real estate investing. He did it, and he isn’t looking back! Now David is a deal-finding machine, buying directly from listing agents and becoming one of the go-to multifamily investors in Chattanooga.Whether you own one single family home, a dozen duplexes, or hundreds of apartment complexes, you’ll take something away from David’s in depth discussion on property management, landlording, and tenant screening.In This Episode We Cover:Finding your “unfair advantage” and how it can help your investing careerApproaching different investors with different points of viewThe importance of networking for off-market dealsWhy you shouldn’t be scared to be “the owner”, and actually use it to market yourself to othersHow to find, screen, and keep tenants in placeHow you can quickly increase a property’s value (simply by being a great property manager)Finding the “sweet spot” in multi-family dealsSetting up systems for automated property management (so you can scale!)And SO much more!Links from the ShowBiggerPockets ForumsDavid's InstagramBrandon's InstagramBiggerPockets PodcastBuildiumCollegedale Credit UnionBiggerPockets Podcast 362: Big Goals? Here’s How to Get Your Spouse or Partner on Board with Jay and Wendy PapasanBiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossRent ManagerCheck the full show notes here: https://www.biggerpockets.com/show420

419: Defeating Distraction and Why “To-Do” Lists are Dangerous with Nir Eyal

BiggerPockets Real Estate Podcast

  • 7 views
  • 13 days ago
  • 01:08:19

Ever missed out on an important moment because you were staring at your phone, distracted by TV, or just zoning out? Nir Eyal, author of Indistractable, felt the same way when he missed an important moment with his daughter because he was locked in on his phone.This spurred Nir’s curiosity on why people get distracted, what they’re getting distracted by, and how people can turn their distractions into the opposite: traction. As a business owner, angel investor, Stanford lecturer, and father, Nir understands what it feels like to live a hectic life, but he also understands that most of the time, we ourselves are the ones making it hectic.So what prompts us to take action? What prompts us to take inaction? How can we make ourselves do the things we need to do, with better results, and still have time for our children, relationships, hobbies, and even down time?It’s all possible, and the key to a distraction-free life is even easier than you would think. In This Episode We CoverWhy most people know their distractions, but not how to eliminate them Why we need to “get out of our own way” to accomplish our goalsHow to find your “traction” and use it to get aheadThe 4 steps to eliminate distraction Understanding your values and using them to schedule your timeHow to “time box” your calendar and get your tasks doneLeaving the victim mentality behind and empowering yourself to do what’s importantThe 3 “life domains” that we revolve around Why you need to prioritize consistency over intensity And So Much More!Links from the ShowBiggerPockets PodcastIndistractable book’s WebsiteNir’s schedule maker toolArticle “Why schedules are better than to-do lists”Brandon’s InstagramDavid’s InstagramBooks Mentioned in this ShowHooked by Nir EyalIndistractable by Nir EyalConnect with Nir:Nir's website

418: 14 Deals in 16 Months: How Alex Camacho Found his Mastery in Deal Finding

BiggerPockets Real Estate Podcast

  • 8 views
  • 16 days ago
  • 01:06:54

Alex Camacho has had quite an interesting career path, and he’s just getting started! From a bank teller, to the mortgage business, to property management, and even Airbnb arbitraging, Alex took his time in acquiring the skills to succeed in real estate.In this episode, you’ll hear Alex talk about how he became successful at locking down deals, finding the “pain points” of sellers, and how to have empathy when closing. You’ll also hear how he analyzed over 5,000+ deals, leading him at one point to close on 8 deals in one month (seriously!)You’ll hear Alex go through his off and on-market strategies, and how to steer clear of deals that won’t make the cut. In just 16 months on his own, he’s done 14 deals, some with six-figure profits (each), and how he’s using social media to get even more!In This Episode We Cover:The importance of apprenticeships in real estateThe art of saying “no” as you grow into your roleWhy it’s crucial to surround yourself with high-level investors and entrepreneursHow to get great at analyzing deals, so you can close on the best ones!Using the “LAPS” funnel to drive leads and grow your portfolioFinding the “pain points” sellers have, and how to empathize with themUsing social media as a tool, instead of a distractionAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Keyword AlertsBiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert GreeneBiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl YarberBiggerPockets WebinarsBiggerPockets CalculatorsBiggerPockets ProBiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany ArnasonBiggerPockets Podcast 292: 200+ Deals in the First Four Years with Ryan PinedaCheck full show notes here: http://biggerpockets.com/show418

417: 9 Ways to Tweak Your Mindset So You Can Lock Down Deals with Brandon and David

BiggerPockets Real Estate Podcast

  • 9 views
  • 20 days ago
  • 56:22

Are you a new or aspiring real estate investor who hasn’t locked down your first deal? Or maybe you haven’t hit your personal goal or unit count yet. If so, you may need to tweak your mindset to reach new heights.Brandon and David are back flying solo on this weekend’s episode to talk about the 9 mindset changes that make successful real estate investors, well, successful! You’ll hear them dive deep into each mindset change, with examples from their investing careers, and how they made the leap to change their mindsets for the better.If you’re looking to cultivate a healthier relationship with real estate investing for the better, this is an excellent episode to take some notes!Whether you’re brand new to investing or just looking to level-up your current portfolio, you’ll take away some important lessons on this weekend’s episode.In This Episode We Cover:Why many new investors haven’t done their first (or second) deal yetUnderstanding the cost of inaction (and how it can work against you)Focusing on the big picture without being bogged down with detailsBuilding your investment criteria to know what you wantTurning “base hits” into “home runs”“Running towards hard” and taking responsibility for doing the workThinking outside the box, regardless of your career, investor level, or experienceGathering experience and keeping the momentum goingUsing off-market techniques to get on-market deals (and vice versa!)Letting go of expectations for your dealsAnd SO much more!Links from the ShowBiggerPockets PodcastBiggerPockets Podcast 413: Matthew McConaughey on Vision, Preparation, and Balancing Ambition with Family & FreedomClick here to check the full show notes: https://www.biggerpockets.com/show417

416: 29-Year Old Making Nearly $1M in Passive Real Estate Income (3 Years In!) with Matt Onofrio

BiggerPockets Real Estate Podcast

  • 15 views
  • 23 days ago
  • 01:07:12

Many investors look at commercial real estate as a high-risk, confusing, and sometimes scary way to invest. Our guest today shows us why this isn’t the case. In fact, he did a multi-million dollar deal in his first year in real estate!Minnesota-based health care professional Matt Onofrio helps us break down the stigma behind big commercial deals. From financing, taxes, mentorships, and more, Matt shows how someone from a completely different field can thrive in real estate... even with no prior knowledge of the space.You may want to bring a notepad and pen, as Matt walks us through advanced strategies such as reverse 1031 exchanges, seller carrying, cost segregations, and triple net leases. Whether you’re looking into commercial or residential real estate, this is a can’t-miss episode.In This Episode We Cover:Locking up your first deal with $0 How commercial real estate can not only be profitable, but safer than residentialThe importance of your inner investor/mentor circleWhether residential or commercial real estate works for your mindsetOffensive vs. Defensive real estate strategiesCreating income producing debtBuilding your “vivid vision”How coaching can take you from good to great What spirit animal David, Brandon, and Matt areAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason DreesBiggerPockets Podcast 209: Flipping 83 Homes in the Last 18 Months with Kevin CarrollGoBundanceBiggerPockets Podcast 352: No Driver’s License, No Money, No Excuses: How Diego Corzo Blazed a Trail to 18 DoorsBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodCheck the full show notes here: http://biggerpockets.com/show416