BiggerPockets Real Estate Podcast
Business:Investing
Cash flow, cartels, building a real estate empire, and everything in between—this is the story that many have yet to hear. The world of a real estate investor can seem glamorous. There are always so many properties, cash flow, retreats, speaking events, and jam-packed, money-making schedules that most nine-to-five workers would be envious of. However, what you’re seeing is the result, not the journey. What about the seven-day work weeks, the night shifts, the financial stress, the bad tenants, and the failures? This is what made David Greene what he is today.
To most, David Greene is the epitome of an entrepreneur. He owns a multimillion-dollar real estate portfolio, multiple cash-flowing companies, and hosts the best real estate podcast ever (we’re not biased). But just fourteen years ago, this was far from his reality. David was waiting tables, working at restaurants, trying to become deputy sheriff, and had no real estate to speak of. He sacrificed almost every weekend to make more money so he one day could own his schedule.
In this episode, you’ll hear precisely how David hustled for years to buy his first property, how his first tenant stole thousands from him, the long nights he spent working overtime to save up even more, and how eventually everything clicked, and he started building wealth at record speed. If you want an authentic look into the making of a real estate tycoon without the rose-colored hindsight, this is the episode to tune into.
In This Episode We Cover:
Investing during the great recession and why most investors wouldn’t touch real estate
The worst first-rental property experience ever and why you NEED to screen your tenants
Why every investor needs to respect money, not just try to make more of it
Doing whatever you have to do to save up, invest, and build a brighter future for yourself
Building the BRRRR strategy and accidentally finding a way to recycle down payments
Out-of-state investing and how to pivot when your market becomes too expensive
Strengthening your financial foundation so you can invest wisely and work way less
Rob and David’s Russian-Mexican Spanish and how to confuse everyone in Latin America
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
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
Rob's BiggerPockets Profile
Rob's YouTube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene
Books Mentioned in the Show
BRRRR by David Greene
Long-Distance Real Estate Investing by David Greene
SCALE by David Greene
SKILL by David Greene
SOLD by David Greene
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-722
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961: Seeing Greene: How to Avoid High Down Payments and When to BRRRR vs. Buy New
960: No Cash Flow in Your Market? How to Invest Out-of-State Like a Pro w/Jessica and Shyd Coloma and Michael Gallagher
959: BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising
958: Hiring a Property Manager 101: Make More (in Less Time) from Your Rentals w/Luke Rzepiennik and Michael Vialpando
957: Seeing Greene: Flood Zones, New Builds, & Does Mexico's Cash Flow Beat the US?
956: How a 3% Interest Rate Cost Me Over $180,000 (Avoid My Mistake) w/Tanner Litchfield
955: BiggerNews: Real Estate vs. Stocks, the Ultimate Wealth-Building Debate w/The Motley Fool!
954: Cheap Old Houses: Buying Fixer-Uppers for Just $100K w/Ethan and Elizabeth Finkelstein
953: Is the 1% Rule Dead? + Why Building (NOT Buying) Could Make You More
952: From Broke College Graduate to Financial Freedom While Living Abroad w/Dave Meyer
951: BiggerNews: Why Low Mortgage Rates Can't Solve Our Affordability Crisis w/Andy Walden
950: The Easiest Way to Invest in Real Estate in 2024 w/Terrence Terrell
949: Seeing Greene: Is Losing $800/Month in Cash Flow Worth $200K+ Equity?
948: 10 Rentals in 5 Years by Buying in Overlooked Short-Term Rental Markets w/Jarrod Tucker and Yiwei Cheng
947: 2024 Deals We’re Doing with High Cash Flow and Rock-Bottom Rates (4.75%!)
946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel
945: Seeing Greene: Stolen Properties and Why Your Rate Doesn't (Really) Matter
944: 3 Ways We Find Real Estate Deals Even During the Harshest Housing Markets
943: BiggerNews: Can’t Qualify for Another Mortgage? Try THESE Investor Loans w/Jeff Welgan
942: Building Wealth with OLD Homes and How to Keep Tenants for Longer w/Lisa Field Moore
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