538: Find the Real Estate You Hate (So You Can Buy the Real Estate You Love) 01:07:28

    <p>Not everyone will love <a href="https://www.biggerpockets.com/blog/overlooked-commercial-investments-real-estate"><strong>commercial investing</strong></a>, <strong>mixed-use buildings</strong>, flipping houses, BRRRRing, or even traditional <a href="https://www.biggerpockets.com/blog/why-buy-hold-powerful-investing">buy-and-hold rentals</a>. But you’ll probably find one type of <strong>real estate class that you absolutely love</strong>. It may take you some time, but if you’re able to find a property type that sparks your creativity, all while providing positive cash flow, you’ll know you made it.</p><p><a href="https://www.instagram.com/renovationwranglers/?hl=en"><strong>Katie Neason</strong></a> definitely didn't love <a href="https://www.biggerpockets.com/blog/pros-cons-section-8">government-subsidized rentals</a>. She<strong> dreaded the phone calls, the repairs, and the unresponsive tenants</strong>. Katie thought that upgrading her investing strategy to multifamily housing would solve the problems. Unfortunately, after buying some <a href="https://www.biggerpockets.com/blog/house-hack-fourplex-perfect">fourplexes</a>, she realized that too wasn’t for her.</p><p>After trial and error, Katie found her true real estate loves:<strong> flipping, developing, and </strong><a href="https://www.biggerpockets.com/blog/2008-10-02-investing-in-mixed-use-commercial-property"><strong>mixed-use buildings</strong></a>. So, she went into all three and is doing phenomenal! Katie shares a special Deal Deep Dive where she walks through a <strong>degraded downtown building </strong>that is now the talk of the town due to her <strong>smart negotiating</strong>, creative redesigns, and ability to use her network to fund the deal!</p><p><strong>In This Episode We Cover:</strong></p><p>Why it’s important to<strong> find the real estate classes you truly enjoy </strong>working on</p><p>Understanding the positives and negatives that come with<strong> subsidized housing</strong></p><p>Revitalizing a downtown through smart<strong> planning, designing, and financing </strong></p><p><a href="https://www.biggerpockets.com/blog/take-action-today">Taking action</a> so you can achieve<strong> “hockey stick” growth </strong>in real estate</p><p><strong>Working with the city </strong>so you can collectively build something that adds value to the community</p><p><a href="https://www.biggerpockets.com/blog/2010-03-24-7-tips-for-better-real-estate-negotiation"><strong>How to negotiate</strong></a> so both the buyer and seller walk away with a win</p><p>And So Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.bpcon2021.com/">BPCon 2021</a></p><p><a href="https://instagram.com/DavidGreene24">David's Instagram</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Store</a></p><p><a href="https://odcfund.com/">Open Door Capital</a></p><p><a href="https://www.selfstorage.coop/income">The Self Storage Conference</a></p><p><a href="https://mauimasterclass.com/september/">Maui Masterclass with Brandon Turner and Tarl Yarber</a></p><p>Noah and Jeff's Episode (coming soon!)</p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-511">BiggerPockets Podcast 511: Getting Your Market, Money, and Mindset Right | 3 Coaching Calls!</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-300-invest-real-estate-ultimate-show-started-josh-dorkin-brandon-turner-11-rockstar-investors">How to Invest in Real Estate—The Ultimate Show for Getting Started with Josh Dorkin, Brandon Turner, and 11 Rockstar Investors</a></p><p><a href="https://www.biggerpockets.com/webinars">BiggerPockets Webinar</a></p><p><a href="https://www.jdcmindsetacademy.com/">JDC Mindset Academy</a></p><p><a href="https://www.audible.com/">Audible</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-500-robert-kiyosaki">BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-365-jocko-willink">BiggerPockets Podcast 365: Ret. Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership (+ His Real Estate Investing Tips!)</a></p><p><a href="https://www.instagram.com/jrdorkin/">Josh Dorkin's Instagram</a></p><p>Check the full show notes here: https://biggerpockets.com/show538</p>
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