186: How to Get Your First Few Properties - Even in a Competitive Market with Dave Meyer | Bigger Pockets Podcast

There are a lot of excuses people use for why they don’t invest in real estate. Maybe they work too much. Maybe they don’t have any money. Maybe the market is too hot. But some — like our guest today — don’t let those difficulties stop them. Instead, they use creativity to overcome obstacles and build a real estate empire. So today on the BiggerPockets Podcast, we are excited to introduce you to Dave Meyer, an investor from the Denver market, who shares his story of buying eight units using creativity, intelligence, and in incredible level of hustle!
In This Episode We Cover:

Who exactly Dave, the VP of Growth for BiggerPockets, is

How his silly neighbor unintentionally encouraged him to buy a house

Why he chose his friend as a partner

The details of his first deal

What he looked for in his first deal

The numbers on that deal

Would it still be a great deal without the appreciation in Denver?

How he raised his funds for this project

The importance of acting on opportunities now

Who manages his properties?

How a tenant built a staircase for him

How you can learn the market by working hands-on

How Dave bought properties while waiting tables

His first experience with house hacking

Tips to keep in mind regarding zoning when finding properties

And SO much more!

Links from the Show

Josh’s Twitter Account

Brandon’s Twitter Account

BiggerPockets Webinar

BiggerPockets Forums

Dancing with the Stars

How Great Leaders Inspire Action by Simon Sinek (TED Talk)

Books Mentioned in this Show

The Book on No or Low Money Down by Brandon Turner

The Ultimate Beginners Guide to Real Estate Investing by BiggerPockets

Start with Why by Simon Sinek

Leaders Eat Last by Simon Sinek

Tweetable Topics:

“If you have an opportunity, you’re a fool to ignore it. Find a way to do it.” (Tweet This!)

“You learn a tremendous amount if you do hands on things such as screening the tenants, doing the open houses. You learn the market and what people want.” (Tweet This!)

“Find the deal and figure out how to get the money to make it happen.” (Tweet This!)

“Once you start owning, it feels weird to start paying someone else to live in their house.” (Tweet This!)

Connect with Dave
Dave’s BiggerPockets Profile

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