Support the relief efforts for the Maui wildfires by donating to the organizations below or clicking here. Together, we can make a difference for those affected by this tragic event:
HAWAI‘I COMMUNITY FOUNDATION: https://www.hawaiicommunityfoundation.org/maui-strong
MAUI UNITED WAY: https://mauiunitedway.org/
MAUI FOOD BANK: https://mauifoodbank.org/
MAUI HUMANE SOCIETY: https://www.mauihumanesociety.org/
RED CROSS: https://www.redcross.org/local/hawaii.html
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Real estate investing isn’t what it used to be. Back in 2010, in a post-crash housing market, almost any property in any area could cash flow easily. Back then, the question wasn’t “Where are the deals?” It was “Which deal should I buy?” But things have changed, and now in 2023, homes are hard to purchase, let alone cash flow, and more and more real estate investors are giving up simply because they don’t know the new rules of the game. So, here’s what you NEED to know.
Before we unlock every wealth-building secret in the book, let’s welcome back Danny Zapata, Philip Hernandez, and Wendy St. Clair, our recent mentees of the ninety-day mentorship! We brought them back on the show to talk about deals they’ve done, the progress they’ve made, and where they’ve fallen off track. One mentee left their job, another is handling headache evictions, and one had to put a pause on real estate. But now, they’re ALL ready to expand their empires, but they’ll need some advice first.
In this episode, David and Rob show you how to get more real estate deals TODAY, why you’re doing meetups all wrong, the reality of cash flow and why “mailbox money” isn’t what it used to be, and what to do when you CAN’T find the momentum to keep growing your wealth.
In This Episode We Cover
How to find more real estate deals instantly (even in 2023!)
The “reverse escalator” of wealth and why most Americans are getting left behind
What to do when you’ve lost momentum along your real estate journey
Replacing your job with real estate and the smartest, cheapest way to buy home-run rental properties
Why you MUST sacrifice short-term cash flow for long-term wealth
And So Much More!
Links from the Show
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
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Connect with Danny, Philip, And Wendy:
Philip's BiggerPockets Profile
Recorded at Spotify Studios LA.
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-804
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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