If nothing else, investing in real estate is an adventure, as well as an ever-evolving learning process, where you can alter your focus to align with the needs of yourself, your clients, and your family. This week on The BiggerPockets Podcast, we’ll learn all about what it takes to branch out in your real estate investing endeavors with our guest Curt Bidwell.
Curt’s first real estate opportunity arose while he was working as a pastor, when a few good friends asked if he wanted to partner with them on a local fourplex. Since then, he’s acquired quite a portfolio of real estate, including sixplexes, duplexes, new construction, single family homes, townhomes, and mixed properties. He’s done it all — and now he’s even gotten his kids involved! Listen for interesting tips on how to creatively invest, the best ways to find good tenants, as well as how to encourage your kids to get interested in finances and real estate along the way.
In This Show We Cover:
What makes a good partnership
How to get started with mixed rental properties
Ways to keep your children motivated and setting goals
Where to find the best commercial locations to increase your real estate value
The positives of renting out large family homes
How to choose whether you should have in-house management for your multi-unit rentals
Methods to teach your children to be financially wise
The best ways to go about obtaining lines of credit for your properties
Ways to creatively invest and finance your rentals
What exactly a 1031 exchange is
Helpful tips to finding a good location manager
How to work with local commercial lenders
Best ways to screen your tenants
And lots more!
Links From the Show
BiggerPockets Success Stories
The BiggerPockets Forums
Books Mentioned in the Show
Rich Dad Poor Dad by Robert Kiyosaki
Gary Keller’s The Millionaire Real Estate Investor
Thou Shall Prosper: Ten Commandments for Making Money by Rabbi Daniel Lapin
The Effective Executive by Peter Drucker
Connect with Curt
Curt’s BiggerPockets Profile
Learn more about your ad choices. Visit megaphone.fm/adchoices