BiggerPockets Podcast : Real Estate Investing and Wealth Building

Today we've got another great new BiggerPockets Podcast interview to bring to you, packed full of actionable tidbits and great conversation. Each week, we will be bringing you incredible real estate investing tips, training, and interviews with actual investors who are in the field, and who are making it happen. You can listen to the show online (below), download it later, listen on your smartphone, or via iTunes -- all for free. On today's show we talked with Karen Rittenhouse from KarensPerspective.com - an active real estate investor, author, trainer, and all-around great gal. Karen's started investing in 2005 and has acquired well over 150 properties during her investing career. On this podcast, she shares with us exactly how she did it, and how you can use the same strategies to begin (or improve) your investing career. Listen to the show below - or if you have iTunes, please click this link to listen on iTunes (NOTE: iTunes listens help BiggerPockets move up in the iTunes charts, allowing us to reach more people!) In This Week's Podcast, We'll Explore Why rentals are just like little oil wells - and how to get started owning them. How Karen bought over 150 properties, most without ever getting a mortgage. Dealing with sexism in the real estate field. Using the “subject-to” strategy to invest with no (or low) money down. How Karen made $9200 when purchasing her first project - with no money down. The two most important steps to avoid making mistakes. Karen’s technique to find motivated sellers and how to get deals from non-motivated sellers. Why Karen is changing her strategy to adapt for the future... should you? The most important first step for new investors. Karen’s fear when beginning - and the phone call that made her think she was going to jail. Links from the Show: Karen's Profile on BiggerPockets www.KarensPerspective.com Karen's Favorite Direct Mail Company: PostcardMania Books Mentioned in the Podcast "Essential Handbook for Buying a Home" by Karen "Essential Handbook for Selling a Home" by Karen "Essential Handbook for Landlords" by Karen “The E-Myth” by Michael E. Gerber “Secrets of the Millionaire Mind" by T. Harv Eker Tweetable Topics: "I don’t mind there’s a 1% in this country - I just want to get there" Click to Tweet! "Real estate investing works no matter where we are or what we’re doing. The checks still come in." Click to Tweet "Rental properties are like “little oil wells” - no matter where I am - they keep pumping." Click to Tweet "When talking with motivated sellers - don’t go in to close a deal. Go in to solve problems." Click to Tweet "Without a good plan - it’s easy to quickly jump to the next shiny object." Click to Tweet "You’re not going to get rich quick. It takes time - but the rewards you’ll reap long term are huge." Click to Tweet "You never forget your first... (real estate deal!)" Click to Tweet "When it comes to marketing - everything works - just do something." Click to Tweet “You’ve got to think bigger than a 40 hour work employee” Click to Tweet “We’re in the business of helping people - and we get paid for it. It doesn’t get better than that.” Click to Tweet “There’s never been a better time to be in real estate” Click to Tweet Karen Rittenhouse, along with her husband Jim have 11 employees, a real estate investing business, a full service real estate agency, a property management company, a coaching and training business, a lending company, and Karen has written 3 books on real estate. Connect on Twitter: @KSPerspective KarensPerspective.com Karen's Profile on BiggerPockets If you missed the link above, listen to the show here:

Today we're excited to announce the launch of the brand new BiggerPockets Radio Podcast. Each week, we will be bringing you incredible real estate investing tips, training, and interviews with actual investors who are in the field, making it happen. You can listen online (below), download it to listen later, on your smartphone, or via iTunes: all for free. Last week, Marty Boardman wrote a killer post for the BiggerPockets blog called "How to Lose a Million Dollars in Real Estate: A Step by Step Guide" which was an instant hit among BiggerPockets readers. We knew that Marty would make a great first guest on the new show. Listen to the show here or on iTunes: In This Week's Podcast, We'll Explore How Marty Lost over $8,000,000 in the Real Estate Crash The Best Advice Marty Ever Received about Real Estate Investing How to Find Local Mentors to Teach, Train, and Bring You Under Their Wings How to Quit Your Job and Become a Full Time Real Estate Investor Using The Four Flipping Boxes to Flip Houses How to Raise Private Money for Your Real Estate Investing Deals Why Wholesalers Do Not Need a Buyer's List - and What They Do Need The Four "Must Haves" in a Real Estate Partnership How Marty Got a Book Deal for a new House Flipping Book Marty's Favorite Real Estate Investing Book Links from the Show: Marty's BiggerPockets' Profile FlippingPhoenixHouses.com 2012 BiggerPockets Summit Conference Audio - 25 Hours of Training - $125.00 How to Lose A Million Dollars in Real Estate: A Step by Step Guide BiggerPockets Forums Marty's Partner J Scott's BiggerPockets Profile Marty's Partner Manny Romero's BiggerPockets Profile Books Mentioned in the Podcast Fixing and Flipping Real Estate: Strategies for the Post-Boom Era Rich Dad Poor Dad Rich Dad's Cashflow Quadrant The E-Myth The E-Myth Revisited The Intelligent Investor - by Benjamin Graham The Snowball: Warrent Buffet and the Business of Life Tweetable Topics: Quit wasting time and money having gurus teach you real estate investing. Find someone local, add value to them, and learn. Tweet This I'll work with anyone - but they gotta do 1 of 2 things: bring me money, or bring me deals.Tweet This Investing in real estate is hard work - but it's rewarding. Tweet This Think about your financial goals - and then work backward to figure out what to do now. Tweet This Creating a brand for yourself is vitally important for a fix-and-flip investor.Tweet This You have to have a good track record to raise capital. Tweet This Find a good deal - and the money will come. Tweet This Marty is the Chief Financial Officer for Rising Sun Capital Group, LLC, a real estate investment firm based in Gilbert, AZ. His firm purchases homes at the courthouse steps and public REO auctions. They have two exit strategies, either fix and flip or seller financing. Connect with Marty on his Blog, FlippingPhoenixHouses.com. If you missed the link above, listen to the show here: