134: Creative Finance and Gaining a Millionaire Mindset with Pro BMX Rider Terry Adams | Bigger Pockets Podcast

On today’s episode of the BiggerPockets Podcast, we sit down and dig into the life of a professional BMX bike rider Terry Adams. Outside of his many accomplishments in the stunt bike world (X-Games gold medal, appearance on Glee and Ellen, and more), Terry is also an accomplished real estate investor with some incredible strategies for building wealth. In the interview, we cover everything from investing with no money, to dealing with personal finance concerns, to mindsets, and more. This show is about to rock your world, so grab a pencil and some paper and let’s get started!
In This Episode We Cover:

Who Terry Adams is and what his profession entails

How he got started in real estate

The details of his first property

His trailer property

How he finds great real estate deals

What you should know about finding a mentor

The ins and outs of the “BRRR” strategy

What exactly line of credit investing is

Tips for dealing with banks

How your mindset affects how you invest in real estate

The details of Terry Adams’s portfolio

The secret to building wealth with the help of mentors

The importance of knowing your net worth

And SO much more!

Links from the Show

Terry Adams on The Ellen Show (video)

BiggerPockets Meet

BiggerPockets Forums

BiggerPockets Podcast

Books Mentioned in this Show

Secrets of the Millionaire Mind by T. Harv Eker

The Richest Man in Babylon by George S. Clason

Tweetable Topics:

“There’s always a way to make it happen.” (Tweet This!)

“The more I manage my money, the more money I have to manage.” (Tweet This!)

“You take your other liquid asset and you invest it, because that’s how you build wealth.” (Tweet This!)

Connect with Terry

Terry’s Instagram

Terry’s Twitter

Snapchat: terryadamsbmx

Facebook Fan Page

Terry’s Website

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