If there is one thing you can know for sure by listening to the BiggerPockets Podcast, it’s this: There are a LOT of ways to invest in real estate! That’s why we’re excited to bring you today’s interview with Noah Kagan, who invests in a different way than most of the guests we’ve had on the show. Noah currently runs several very successful internet businesses (SumoMe and AppSumo) and knew he didn’t want to be a landlord; Noah knows his best return is made in his business. Therefore, he devised his investing strategy around NOT being the landlord. Noah is a wealth of information and one of the most motivating humans we’ve ever met. So sit back and enjoy today’s episode with Noah!
In This Episode We Cover:
Who Noah Kagan is and how he got into real estate investing
What keeps newbies from buying their first investment properties
The ROI of other businesses as compared to real estate investing
A discussion on the 1% rule
Thoughts on whether a commercial property is a good first investment
Why you should find experienced real estate investors in your area
Tips for growing your capital
How Noah finances his deals
What you should know about asking other people for money or syndication
Why you should stop apologizing for being successful
How to grow your network
When should you stop learning and start doing
The importance of knowing where do you want to be in 5 years
Why you should visualize the destination
And SO much more!
Links from the Show
BiggerPockets Forums
SumoMe
AppSumo
BiggerPockets Webinar
BiggerPockets Facebook Page
RealtyShares
PeerStreet
Where’s my money? (Blog Post)
Noah’s Spreadsheet
BP Podcast 204: Flipping 30+ Deals by Age Twenty-Five with Chris Gill
BiggerPockets Event Forums
Chess
Books Mentioned in this Show
The Book on Investing with Low or No Money Down by Brandon Turner
The Miracle Morning by Hal Elrod
The Obstacle Is the Way by Ryan Holiday
The Ultimate Sales Machine by Chet Holmes
Confessions of a Real Estate Entrepreneur by James Randel
Tweetable Topics:
“It took me 10 years to actually be ready, not financially but mentally, to make that decision, to make that purchase.” (Tweet This!)
“The best deals happen off-market.” (Tweet This!)
“I think the trait of a successful person is resourcefulness.” (Tweet This!)
“If you want to find someone else to help you, you have to help someone else.” (Tweet This!)
Connect with Noah
Noah’s BiggerPockets Profile
Noah’s Website
Noah Kagan’s Present Podcast
Noah’s Keynote Speech at Fincon 2016
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