719: Future Millionaires: The Real Estate Investing Hurdle You MUST Get Over
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    <p>Knowing<strong> how to </strong><a href="https://www.biggerpockets.com/blog/find-real-estate-deals"><strong>find real estate deals</strong></a> can be challenging for new and experienced investors. For those who want to <strong>build bigger portfolios beyond just buying single-family rental properties</strong>, finding multifamily, development, or perfect medium-term rental deals can be a struggle. You have to be in the know and have a network full of agents, brokers, lenders, and other investors who can throw deals your way, so you don’t have to dig through the scraps that bigger investors (or investment firms) have left behind.</p><p>This is a struggle that all three of our<strong> ninety-day mentees </strong>have faced since we spoke to them last. We’ll be getting updates on all their situations in today’s episode as David and Rob work to get them to their<strong> next investments as soon as possible</strong>. First, we talk to <strong>Philip</strong>, who’s still <strong>struggling to find adequate land for his future resort</strong>. He’s successfully made one offer but has yet to receive a counter. Next,<strong> Wendy</strong> wants out of turnkey rentals and is looking into more <strong>cash-flow heavy real estate investments like </strong><a href="https://www.biggerpockets.com/blog/real-estate-679"><strong>medium-term rentals</strong></a> that can provide her the retirement she dreams of.</p><p>Lastly, we talk to <strong>Danny</strong>, who’s struggling to connect the dots that will lead to his next property. As an introvert,<strong> finding contractors in the field has become challenging</strong>, although he has started to reach out to other investors he knows in his area. A common thread in this episode is that ALL our mentees are finding a pain point stopping them from reaching their next property. Of course, what they do next is entirely up to them, but you’ll hear case-by-case advice from David and Rob, which could also<strong> help you on your next deal</strong>! So if you’ve hit a roadblock on <strong>your path to real estate wealth</strong>, don’t give up—tune in!</p><p><strong>In This Episode We Cover:</strong></p><p><strong>Purchasing raw land</strong> and the pros and cons of trying to buy what is worth developing </p><p><a href="https://www.biggerpockets.com/blog/private-money-lending-is-a-perfect-alternative"><strong>Private money lending</strong></a> and <a href="https://store.biggerpockets.com/products/raising-private-capital"><strong>raising private capital</strong></a> as a way to <strong>make more income</strong> on the side </p><p><strong>How to increase your real estate deal flow</strong> and get more properties (or parcels) sent to you</p><p>The <strong>high-cash flow world of medium-term rental investing</strong> and why it may be worth converting your units </p><p><strong>How to find contractors, real estate agents</strong>, and other team members for your next investment </p><p><a href="https://www.biggerpockets.com/blog/how-to-network-like-a-pro-even-if-youre-an-introvert"><strong>Networking</strong></a><strong> 101 </strong>and what introverts can do to build a list of other investors who can help them along their way </p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/agent/match">Find an Investor-Friendly Real Estate Agent</a></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://bit.ly/biggerpocketsswag">BiggerPockets Merch</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David’s YouTube Channel</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's YouTube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://www.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-708?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Hear the First 90-Day Mentee Episode</a></p><p><a href="https://www.instagram.com/therealjessevasquez/">Jesse's Instagram</a></p><p><strong>Book Mentioned in this Episode</strong></p><p><a href="https://store.biggerpockets.com/products/30-day-stay?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>30-Day Stay</em></a> by Zeona McIntyre &amp; Sarah Weaver</p><p><strong>Connect with Danny, Philip, &amp; Wendy:</strong></p><p><a href="https://www.biggerpockets.com/users/danielz34?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Danny's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/users/philiph94?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Philip's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/users/wendy_s?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Wendy's BiggerPockets Profile</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-719</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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