logo
episode-header-image
Jun 2020
1h 2m

17: 3 Rentals in His First Year & the Po...

BIGGERPOCKETS
About this episode

From humble beginnings... to Division 1 football, military service, and now three rental properties in his 20s!

Derrick Ziglar Jr. is a man on a mission, and today he shares how he converted a wrong turn into a $30K duplex purchase that kick-started his journey toward generational wealth.

If you're interested in securing your financial future, then don't miss Derrick's tips on how he finds deals, how he uses a personal line of credit, and the lessons he's learned about managing contractors.

Plus, we go in-depth on how he built a life-changing relationship with a mentor/father figure and the importance of casting a long-term vision for your real estate business—no matter your goals.

Derrick is an impressive rookie investor, and he doesn't hold back in this one... so hit play now. And if you enjoy this episode, please leave us a rating and review in Apple Podcasts!

Links from the Show

Check the full show notes here: http://biggerpockets.com/rookie17

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
This Lucrative “Rental” Strategy Brings in $800,000 Per Year
Buying a regular rental property can provide steady, predictable income, but if you're looking for something more lucrative, we’ve got the perfect strategy for you. Today’s guest used it to build a real estate business that brings in $800,000 in annual revenue. The best part? It ... Show More
52m 42s
Jul 7
$900/Month Cash Flow from His FIRST Rental ($0 Down!)
Could rental properties be your ticket to financial freedom? When today’s guest realized his “secure” corporate job wasn’t quite as secure as he thought, he plunged head-first into real estate investing and hasn’t looked back. In just three years, he’s built a real estate portfol ... Show More
42m 32s
Jul 4
Listen to This BEFORE Buying a Rental with Tenants (Rookie Reply)
Welcome to another Rookie Reply, where Tony J Robinson and Ashley Kehr answer questions from the BiggerPockets Forums and Real Estate Rookie Facebook group. This time, we’re covering questions like: Who should provide and maintain appliances in your rental What steps should you t ... Show More
34m 39s
Recommended Episodes
May 2023
MI Rewind: Good Money Revolution w/ Derrick Kinney
Clay chats with Derrick Kinney about what led Derrick to selling his financial planning business to start Good Money Framework.Derrick’s mission is to change the way people feel about money. He sold his multimillion dollar business to start teaching others what has helped him bec ... Show More
55m 52s
Mar 2023
REI169: The Rise of a Real Estate Entrepreneur w/ Donovan Adesoro
Patrick Donley talks with Donovan Adesoro who is a real estate developer and also Investor Relations Director for Fund That Flip. They discuss how his start in house hacking fueled the desire to do larger deals which led to him developing 16 duplexes in the Houston area with an a ... Show More
1h 12m
Mar 2023
MI Rewind: Retiring at 35 w/ Steve Adcock
Steve Adcock retired at age 35 and currently lives off the grid in the desert. Prior to retiring early and achieving financial independence, he worked 14 years in the information technology field. Learn all about early retirement and more. IN THIS EPISODE, YOU’LL LEARN: 00:00 - I ... Show More
47m 16s
Apr 2023
REI177: Building Wealth One Deal at a Time w/ Patrick Donley
Patrick Donley sits down with Nick Hill and Dan Foch from The Canadian Real Estate Investor podcast where they interview Patrick on how he got started in his real estate investing career, his real estate investing strategies, the pros and cons of running a fix and flip business, ... Show More
1h 1m
Aug 2023
812: 17 Properties in 3 Years Thanks to “Non-Stop Rejection” w/Jason Lee
Jason Lee owns more rental properties than most full-time real estate investors. But, he didn’t do this by investing after the last housing crash, inheriting millions from his parents, or buying a hundred-unit apartment building at once. Actually, Jason seemed like the least like ... Show More
1h 4m
Sep 2023
821: From Making $48K/Year to Millionaire By His Mid-30s w/Ryan Tseko
Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest. By the time Ryan was thirty, he already had twenty-one rental units, paid off over six figures in student debt, and used his pilot job to scope out new property markets. ... Show More
1h 12m
Nov 2019
355: From Small-time Landlord to 1000+ Units Under Contract with Ryan "The Mercenary" Murdock
From Bangor, Maine to Maui... by providing massive value!If you’re looking for a mentor, partner, or lender, this episode is for you. You’ll learn how Ryan Murdock went from small-time landlord/property manager to major player in Brandon’s growing mobile home park empire; how he’ ... Show More
1h 20m
Jul 2023
REI190: Old Vintage Homes w/ Tyron McDaniel
Patrick Donley chats with Tyron McDaniel about his background and career, his work in inner-city Houston, and his thoughts on making housing more affordable at scale. You’ll also learn about Tyron's innovative approach to renovating and developing homes, his views on gentrificati ... Show More
1h 10m
Dec 2018
TIP220: Lessons from Billionaire Oprah Winfrey (Business Podcast)
Learn important business lessons from billionaire Oprah Winfrey. IN THIS EPISODE YOU’LL LEARN: Why a very special girl was the best guest among 35,000 interviews, Oprah conducted throughout her career. How Oprah found her calling. How Oprah is assembling her team. How Oprah chose ... Show More
37m 59s
Jan 2013
3: Getting Started in Real Estate and Raising Money with Brian Burke
In today’s show we talk with Brian Burke, a house flipper and real estate investor from Northern California with a fantastic story and fascinating business model.Two days ago, Brian wrote a wildly popular article on the BiggerPockets Blog titled, “Anatomy of the Grand Slam: How I ... Show More
58m 38s