cover of episode 530: Finding the “Hidden Gold” Most Investors Miss Both On & Off-Market

530: Finding the “Hidden Gold” Most Investors Miss Both On & Off-Market

Publish Date: 2021/11/11
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

Frequently requested episodes will be transcribed first

Shownotes Transcript

    <p><strong>Having limited lung capacity while playing college basketball</strong> seems almost impossible. But, like almost everything else in <a href="https://www.gottliebpropertiesga.com/"><strong>Nolan Gottlieb</strong></a>’s life, he pushed through it to accomplish his dreams. Hard work and determination are what allowed Nolan to step onto that basketball court, even with a severe physical disadvantage. The same determination is exactly what allowed him to<strong> close on nineteen units in just ten months </strong>of investing.</p><p>Nolan didn’t know anything about real estate;<strong> he couldn’t even describe what a mortgage was </strong>if you asked. But, as he ventured off the basketball court and became a real estate agent, he knew that <a href="https://www.biggerpockets.com/blog/realtor-commission">agent commissions</a> wouldn’t <strong>protect him and his family if he got sick again</strong>. He needed <strong>long-lasting wealth, </strong><a href="https://www.biggerpockets.com/blog/passive-real-estate-investing"><strong>passive income</strong></a>, and an ability to scale his success.</p><p>He started out <strong>partnering with a friend on a </strong><a href="https://www.biggerpockets.com/blog/brrrr-analysis"><strong>BRRRR</strong></a>. It went so well, he decided to tackle an <a href="https://www.biggerpockets.com/blog/2015-09-15-6-insider-hacks-finding-off-market-real-estate-deals"><strong>off-market deal</strong></a>. Nolan was able to close not only on one off-market deal, but on a <strong>fourteen-unit apartment building </strong>as well, thanks to his<strong> six steps to find “buried gold”</strong> in his market.</p><p><br></p><p><strong>In This Episode We Cover:</strong></p><p>How to <a href="https://www.biggerpockets.com/blog/big-goal-accomplish"><strong>accomplish your goals</strong></a>, even if you start at a severe disadvantage</p><p>Why <strong>passive income </strong>sources far outweigh one-time profits</p><p>The<strong> six steps</strong> to finding profitable, undervalued <strong>off-market properties </strong></p><p>Taking down a fourteen unit apartment building as a rookie</p><p><a href="https://www.biggerpockets.com/blog/rookie-podcast-25-josiah-smelser">What <strong>appraisers look for</strong></a> when going through your property</p><p><strong>Discovering your “why”</strong> behind investing in real estate</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show:</strong></p><p><a href="https://qpublic.schneidercorp.com/">qPublic.net</a></p><p><a href="https://www.shutterfly.com/">Shutterfly</a></p><p><a href="https://www.whitepages.com/">Whitepages</a></p><p><a href="https://www.mls.com/">MLS.com</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</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.bpcon2021.com/">BPCON 2021</a></p><p><a href="https://www.instagram.com/davidgreene24/">David Greene's Instagram</a></p><p><a href="https://goduke.com/sports/mens-basketball">Duke University's Blue Devils Basketball Team</a></p><p><a href="https://en.wikipedia.org/wiki/Bobby_Hurley">Bobby Hurley's Wikipedia page</a></p><p><a href="https://www.cslewis.com/us/">C.S Lewis's Websit</a>e</p><p><a href="https://www.biggerpockets.com/users/brandonatbp">Brandon Turner BiggerPockets Profile</a></p><p><a href="https://www.richdad.com/">Robert Kiyosaki's Website</a></p><p>Check the full show notes here: https://biggerpockets.com/show530</p>
  <p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>