cover of episode 87: How to Thrive After The Collapse of a Real Estate Empire with Nathan Brooks

87: How to Thrive After The Collapse of a Real Estate Empire with Nathan Brooks

Publish Date: 2014/9/11
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Failure is no stranger in the real estate industry which is why we are excited to bring Nathan Brooks to <a href="https://www.biggerpockets.com/podcast">The BiggerPockets Podcast</a> today, an investor who knows firsthand that real estate can be tough!</p><p>Nathan is an investor (both flips and rentals) from Kansas who went through a very difficult period during the real estate crash, losing all his properties and filing bankruptcy due to a shady partner and jumping in too quickly. Nathan has since emerged as a much stronger real estate investor and carries an incredible story with numerous lessons to share. Get ready to learn how failure can transform your life!</p><p>In This Show We Cover:</p><ul>
  • How Nathan found his first business partner at lunch
  • Why Nathan bought two houses as a newbie – and lived to regret it
  • How to find partners through BiggerPockets
  • The opposite of paralysis by analysis
  • How Nathan ended up filing bankruptcy 
  • Nathan’s current (more conservative) investing strategy
  • Dealing with tenants in a $20k property
  • How to make a unit stand out among the competition
  • Dealing with “Cat Ladies” and “Hoarder Houses“
  • How Nathan finds deals
  • Finding mentors and lenders on Craigslist?
  • How to find a real estate-minded attorney 
  • And so much more!
  • Books Mentioned in the Show

    Tweetable Topics

    • Don’t go into business with someone you don’t know. It’s just stupid. (Tweet This!)
    • The lessons I’ve learned have made me a better investor today. (Tweet This!)
    • There’s a deal for everyone, but this deal might not be for you. (Tweet This!)
    • The job of a Real Estate Investor is to solve problems. (Tweet This!)
    • Know the answers before asking the questions. (Tweet This!)

    Connect with Nathan

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