BiggerPockets Real Estate Podcast - Special Announcement!

Episode Date: May 2, 2019

Today, we’re introducing the BiggerPockets Business Podcast, co-hosted by J and Carol Scott. Subscribe now using the links below; Episode 1 is up now! SUBSCRIBE ON APPLE PODCASTS (IPHONE): https://...podcasts.apple.com/us/podcast/biggerpockets-business-podcast/id1460051721 SUBSCRIBE ON GOOGLE PODCASTS (ANDROID): https://www.google.com/podcasts?feed=aHR0cHM6Ly9icGJ1c2luZXNzLmxpYnN5bi5jb20vcnNz The BiggerPockets Real Estate Podcast will be back tomorrow, and we’ll be back to regular programming next week. Future episodes of BiggerPockets Business will drop on Tuesdays -- the day after the BiggerPockets Money Podcast. Oh, and go follow the BiggerPockets Business Podcast on Twitter @BPBusinessShow and Instagram @BiggerPockets! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 Have you ever lost a DSCR deal because the financing just took too long? Red flags popped up late. The lender needed more time. The deal fell apart. Well, our friends at Dominion Financial just launched a program to help prevent that. With their new Express rental loan, you can close in 10 days or less. And they still offer their price beat guarantee so you can get great pricing and a timeline you can count on. Fast, simple, reliable.
Starting point is 00:00:26 That's Dominion Financial. Check them out at biggerpockets.com. That's biggerpockets.com slash dominion. Managing properties can feel like a full-on circus. You're juggling vendors, tracking payments, chasing approvals across multiple properties, and maybe a few HOAs, all while trying to keep tenants happy and owners confident. One delay can throw everything off, and suddenly your day is all clean up, no progress. That's why hundreds of property managers rely on bill to streamline their finances.
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Starting point is 00:01:35 and get a $100 Amazon gift card. That's bill.com slash bigger pockets. Here's why savvy real estate investors are obsessed with bonus depreciation. It lets you take that rental property or commercial building you own and depreciate most of the cost against your income. Legally, 100% IRS compliant. That's instant cash flow improvement. Cost segregation guys is the number one firm nationwide,
Starting point is 00:02:00 specializing in identifying these faster depreciating assets in your property. They've completed tens of thousands of studies across all 50 states from remote cabins to apartment complexes. So if you own investment property, this is a no-brainer. So visit costsegregationguise.com slash BP for your free proposal and find out how much you could save this tax season. Today is not a Bigger Pockets podcast episode. In fact, we have something very, very special in store for you.
Starting point is 00:02:32 But don't worry, you're going to get your real estate fix. Don't worry. But listen close here. So we've got really big news for a long time now on Bigger Pockets. I have been teaching something. I call it different things, but we'll call it the wealth triad today or the wealth tripod maybe. I don't know.
Starting point is 00:02:46 The idea being this, if you want to gain wealth, financial independence, you want financial success in life. There's really three primary ways to get it. Rob a bank, win the lot. I'm just kidding. No. Number one, you can save your way there by doing smart personal finance things, which is why we have the Bigger Pockets Money Podcasts, all about personal finance. You can invest in real estate, which is my favorite way in the entire world to build wealth
Starting point is 00:03:09 or anything is like, I love real estate. I'm obsessed with it. But there's a third way that perhaps is just as powerful, if not more powerful than the other two in creating wealth for people in America and across the world. And it's been happening for thousands of years. Anyone want to guess what it is? Nobody's here. So, okay, the truth is business, starting a business, entrepreneurship.
Starting point is 00:03:31 And in fact, business is related to real estate as well. And so that's why I'm a big fan of it. So today we are launching a new show and I'm going to let Carol Scott and J. Scott announce the new show. Go ahead, guys. Thank you so much, Brandon. Today we're announcing the Bigger Pockets Business podcast. I'm Carol Scott and I'm here.
Starting point is 00:03:53 with my awesome husband, Jay. Hi, Jay. Hey, Ms. Carroll, Scott. How you doing? I am so excited that Brandon has launched this new awesome podcast for us. So you might listeners be wondering what is Bigger Pockets business. So, Jay, why don't you give them an idea? We're going to be interviewing real-world entrepreneurs, people who actually own businesses, who have started businesses,
Starting point is 00:04:16 they're growing businesses, they're scaling their businesses. They're going to come and they're going to give you actionable tips. We're going to basically this is going to be a real, world MBA for our listeners. So if you run a real estate business or you run any other kind of business and you want to learn from other real world entrepreneurs how to start, grow and scale your business, this podcast is for you. Well, let me ask you guys a question. Our listeners are listening to the Bigger Pockets podcast right now for real estate advice. They're trying to build a real estate portfolio, rental flip, whatever. Can you give like 30 seconds on why would they
Starting point is 00:04:46 want to listen to a business show when they're trying to grow a real estate thing, right? They're not the same thing, right? No, well, they're not by definition. should know real estate business and any other business is not necessarily the same thing. But as you can imagine, there are so many principles no matter what kind of business. If you're running a car wash or you're running a hot dog stand or you develop some amazing podcast type of situation or you're developing a whole real estate business. You've got leadership. You've got growth.
Starting point is 00:05:12 You've got all kinds of hiring and firing and all kinds of things that are applicable to any type of business that you're in. There you go. I'm pumped for this show. I don't think I've been as excited about a new podcast like ever in. my entire life. I'm pumped. So very cool. So anyway, I want to let everyone know here's the deal. We are going to end this podcast episode here in just a couple minutes. So what we want you to do is the new show is launching today or, you know, when you're listening to this, it's out. So what we want
Starting point is 00:05:37 you to do is go listen to the first episode of the Bigger Pockets Business Podcast. And here's why you're going to want to listen to it. It's because the very first guest is who? Joshua Dorkin. Joshua Dorkin, founder of Bigger Pockets. Yeah. For Josh. Yeah, Josh, I mean, Josh built a, I mean, an incredible business, bigger pockets, right? And Bigger Pockets has become the largest real estate investing platform on the planet. And so that first episode really dig into Josh's story and his why and kind of the transition between, you know, going from a hundred hour work weeks down to more emphasis on family. I think you guys cover all that stuff. And here's a really cool thing.
Starting point is 00:06:17 There is a surprise ending at the end of Josh Jorkin's Bigger Pocket stories. Stop, stop, stop. Do you have to give everything away? Help me out here. Help me out. No spoiler alerts, but trust me, you're going to want to listen to the second half of episode number one with Josh Dorrie.
Starting point is 00:06:33 It is a good one. It's a really good one. All right now, everybody. So here's the deal. You can subscribe to the Bigger Pockets Business Podcast right now. That's what we want you to do is right now, unless you're driving, pull over. Subscribe to the Bigger Pockets business podcast.
Starting point is 00:06:46 You can find it by just going to whatever your podcast app is that you like using and search Bigger Pockets. One word, bigger Pockets business. or just go to biggerpocketsbusiness.com. We just set up a very simple URL, bigger pockets business.com, and you can jump there. Or lastly, on your phone right now,
Starting point is 00:07:04 there's like show notes, probably on the podcast app, especially if you're on an iPhone. In that show notes area, there's a link to be able to go and jump over to the other podcast. So go listen to right now. And of course,
Starting point is 00:07:15 tomorrow, actually, we're going to release this week's episode of the Bigger Pockets podcast. With David Green and I, so you still get your weekly dose of the man, David Green and I, you just got to wait 24 more hours.
Starting point is 00:07:25 So tomorrow on your commute or wherever you're going, listen to show number 328. But right now, just follow that link, biggerpocketsbusiness.com, and go listen to episode one. Jane Carroll, I'm excited, guys. It's going to be awesome. We are excited as well. We apologize for hijacking everybody's podcast today. But trust me, you're not going to be disappointed if you go and you listen to episode one of the Bigger Pockets Business podcast right now.
Starting point is 00:07:48 And in the future, we're totally not impeding on your time anymore, right? I promise. You can come and pee. Don't worry. That is so kind. Anytime. I'm going to give you your day. You know that.
Starting point is 00:07:58 So in the future, our show's coming out on Tuesdays, which is the day after Bigger Pockets Money. So that's when we'll be out. And thank you so much for introing us, Brandon. We are so excited that we get to do cool stuff that you get to do. All right. I'm getting out of here for BiggerPockets.com and for Jay and Carol, business stars. Scott, this is Brandon.
Starting point is 00:08:20 Signed off. Thank you. All for listening to the Bigger Pockets Real Estate podcast. Make sure you get all our new episodes by subscribing on YouTube, Apple, Spotify, or any other podcast platform. Our new episodes come out Monday, Wednesday, and Friday. I'm the host and executive producer of the show, Dave Meyer. The show is produced by Ian K. Copywriting is by Calicoe content, and editing is by Exodus Media.
Starting point is 00:08:42 If you'd like to learn more about real estate investing or to sign up for our free newsletter, please visit www.w.w.w.com. The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk. So use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. And remember, past performance is not indicative of future results.
Starting point is 00:09:02 BiggerPockets LLC disclaims all liability for direct, indirect, consequential, or other damages arising from a reliance on information presented in this podcast.

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