What does true wealth look like? Is it simply money or something more? And how does one achieve that wealth? That’s the topic on today’s episode of The BiggerPockets Podcast, where we sit down with David Osborn, a highly successful real estate investor, agent, and New York Times Bestselling author from Austin, TX.

This show is PACKED with incredible, life-changing knowledge, advice, and wisdom from someone who truly walks his talk. David covers everything from buying your first property, the exact “pass/fail” metrics he uses to evaluate potential deals, the importance of work/life balance, and SO much more!

This is one episode you’ll want to listen to again and again!

In This Episode We Cover:

A little about David’s background
How being lazy can actually work
His rental portfolio
How he’s managed to build his portfolio easily
His advice to those who are still starting out
The importance of hanging out with winners
The three main things that he focuses on his life
How he learns best
The story behind “wealth can’t wait”
A conversation on the definition of wealth
What can be improved in the current curriculum
How to know when enough is enough
How to gain momentum in real estate
David’s goals for the next 20 years
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
Wealth Can’t Wait by David Osborn
Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
Real Estate Riches by Dolf de Roos
Secrets of Power Negotiating by Roger Dawson
The ONE Thing by Gary Keller and Jay Papasan
As a Man Thinketh by James Allen

Tweetable Topics:

“It’s all about opportunity in life. So you won’t be ready for the opportunity unless you’re prepared.” (Tweet This!)
“If you want to be a winner, you’ve got to hangout with winners.” (Tweet This!)
“Wealth is not just really about money. It’s about an entire way of living. It’s a state of mind.” (Tweet This!)
“The biggest risks in life is not taking risks.” (Tweet This!)

Connect with David

David’s Personal Website

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226: From D-Student to $400,000 in Annual Rental Property Cash Flow with David Osborn 01:19:41

BiggerPockets Real Estate Podcast

Shownotes Transcript

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226: From D-Student to $400,000 in Annual Rental Property Cash Flow with David Osborn