On today’s episode of the BiggerPockets Podcast, we are excited to bring you a fascinating interview with real estate investor Douglas Larson.

Douglas has been investing for over 15 years, doing everything from flipping, buy and hold, lease options and more. Additionally, Douglas has some great stories of working for several weeks on a Guru sales floor, and sheds new light on the shady sales world that we, at BiggerPockets, stand so strongly against.

You definitely don’t want to miss this entertaining and informative show!

Read the transcript for episode 41 with Douglas Larson here.

In This Show, We Cover

How Douglas started investing in an expensive location
Tips for starting while working a full time job
How to encourage your spouse to support your REI dream
Tips for bidding for properties in online auctions
“Scandal” in the online auction world
Working with your spouse in a real estate business
Lessons learned while working the “Guru” sales training
Tips for dealing with contractors and keeping them on the job site
And a lot more!

Links from the Show

**Also – be sure to check out this great article from Douglas from over in the BiggerPockets Member Blogs with even more information from Douglas, as well as some photos of some of the properties mentioned in the show! “Bigger Pockets Podcast Show 41…” **

Books Mentioned in the Show

The 4 Hour Workweek by Timothy Ferriss
Rich Dad Poor Dadby Robert Kiyosaki
Rich Dad’s Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons by Robert Kiyosaki
The Millionaire Next Door by Thomas J. Stanley
7 Habits of Highly Effective People by
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt

Tweetable Topics

People pay good money for turn key investments (Tweet This!)
A lot of people can talk story – but not everyone get’s it.(Tweet This!)
Luck doesn’t fall from the sky. You make your own luck.(Tweet This!)

Connect with Douglas

Douglas’ Website: LuckyLarson.com
Douglas’ BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

41: How to Profit Through Long Term Flipping and Lease Options with Douglas Larson 01:24:22

BiggerPockets Real Estate Podcast

Shownotes Transcript

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41: How to Profit Through Long Term Flipping and Lease Options with Douglas Larson