You are on page 1of 112

How a Newbie

Can Start
Building Wealth
Through Real
Estate
A Free Webinar From

Hosted by Brandon Turner!



Co-host of the BiggerPockets Podcast WORKSHEET: www.BiggerPockets.com/518worksheet
WORKSHEET: www.BiggerPockets.com/518worksheet

Thanks!
(you rock!)
www.BiggerPockets.com/518worksheet

Get Today’s
Worksheet:
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
• The 6 Steps to Getting Started
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
• The 6 Steps to Getting Started
• Best and Worst Niches/Strategies
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
• The 6 Steps to Getting Started
• Best and Worst Niches/Strategies
• Common Newbie Mistakes
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
• The 6 Steps to Getting Started
• Best and Worst Niches/Strategies
• Common Newbie Mistakes
• Tools to Help You Get Started
WORKSHEET: www.BiggerPockets.com/518worksheet

What We’ll Be
Talking
About Today:
• The Three Rules of BP Webinars
• About BP / About Me
• The 6 Steps to Getting Started
• Best and Worst Niches/Strategies
• Common Newbie Mistakes
• Tools to Help You Get Started
• Question & Answer Time
WORKSHEET: www.BiggerPockets.com/518worksheet

In this webinar, I’m going


to show you the exact
steps you need to buy
your first (or next) deal
in the next 90 days.
Special Gift:

www.BiggerPockets.com/books
Special Gifts:
(At the end!)

www.BiggerPockets.com/____ www.BiggerPockets.com/____
How Can Real
Estate Help
You Build
Wealth?
Cash Flow
Equity
Tax Benefits
Loan Paydown
Freedom to Travel
Freedom to Travel

Freedom to watch your


kids grow up
Freedom to Travel

Freedom to watch your


kids grow up

Freedom to fire your boss.


The
Problem:
Most Newbies
Never Buy a
Single Property.
The Three
Rules of BP
Webinars
The Three
Rules of BP
Webinars
• YouMust Commit to Taking
Action within 24 Hours.

“Your life does not get
better by chance, it gets
better by change.” 

– Jim Rohn
The Three
Rules of BP
Webinars
• YouMust Commit to Taking
Action within 24 Hours.


• Focus…Focus…Focus!

The Three
Rules of BP
Webinars
• YouMust Commit to Taking
Action within 24 Hours.


• Focus…Focus…Focus!


• Be Involved!
About
BiggerPockets
“The Real Estate
Investing Social
Network, Marketplace,
and Information Hub.”
Blog
Forums
Member Blogs
Podcast
Live Webinars
Webinar Replays
Videos
Books
Meetups
Conference (Summit)
About Me
(Brandon Turner)
Brandon Turner
Brandon Turner
• Co-host of the BP
Podcast
Brandon Turner
• Co-host of the BP
Podcast
• Real Estate Investor
Brandon Turner
• Co-host of the BP
Podcast
• Real Estate Investor
• Author of “The Book on
Investing in Real Estate
with No (and Low)
Money Down”
Brandon Turner
• Co-host of the BP Podcast
• Real Estate Investor
• Author of “The Book on
Investing in Real Estate
with No (and Low)
Money Down”
• Author of “The Book on
Rental Property Investing”
and co-author of “The
Book on Managing
Rental Properties.”
Brandon Turner
• Random Fact: I’ve
dunked a basketball one
time in my entire life…
because I had a mullet!
How Do I Get
Started?
How Do I Get
Started?

The 6 Step Plan


1. Commit
Commitment is what transforms a promise into
reality. It is the words that speak boldly of your
intentions. And the actions which speak louder
than the words. It is making the time when there
is none. Coming through time after time after
time, year after year after year. Commitment is
the stuff character is made of; the power to
change the face of things. It is the daily triumph
of integrity over skepticism.

~ Abraham Lincoln
Are you committed to
investing your time?
Are you committed to
investing your skills?
Are you committed to
investing your mind?
Are you committed to
investing your money?
Are you willing to do
what it takes to find
success?
2. Learn and
Plan
Niches | Strategies
Niches | Strategies
Single Family
Houses

Small Multifamily

Apartments

Commercial

Notes
Niches | Strategies
Single Family Flipping

Houses
Rentals

Small Multifamily
Wholesaling
Apartments

Commercial

Notes
You don’t
need to
learn it all.
3. Shop
MLS (agent)

Direct Mail
Driving for Dollars
Eviction Records
FSBO
Craigslist
Online Advertising
HUSTLE
www.BiggerPockets.com/webinar
4. Analyze
“If you don’t have the right
math going into a deal,
you’ll never get the right
profit coming out of it.”
Let’s analyze a deal!
5. Finance
Cash
FHA
203(k)
Partnerships
HELOCs
Seller Financing
Lease Options
Subject To
Hard Money
Private Money
6. Buy and

Manage
The Top 5 BIG
Mistakes New
Investors Make
The Top 5 BIG
Mistakes New
Investors Make
Buy the WRONG deal
The Top 5 BIG
Mistakes New
Investors Make
Buy the WRONG deal
Analyze the deal wrong
The Top 5 BIG
Mistakes New
Investors Make
Buy the WRONG deal
Analyze the deal wrong
Let lack of money stop them
The Top 5 BIG
Mistakes New
Investors Make
Buy the WRONG deal
Analyze the deal wrong
Let lack of money stop them
Listen to other’s negativity
The Top 5 BIG
Mistakes New
Investors Make
Buy the WRONG deal
Analyze the deal wrong
Let lack of money stop them
Listen to other’s negativity
Never take action and START
I don’t know
why you came
here today…
But I do know
this is true for
all newbies…
It’s scary!
This is what
jumping into
Real Estate
often feels
This is what
jumping into
Real Estate
often feels
But this
is how it
really is:
But this
is how it
really is:
So let me show you a
simple way to make it
more like a well-worn
path, and less like a cliff.
BiggerPockets

PRO
How Can
BiggerPockets PRO
Help You Find
Success?
Make Smarter Decisions
with the BiggerPockets
Property Analysis Tools

Screen for GREAT Deals That Will


Help You Achieve Your Goals


Avoid Bad Deals That Will Hurt You


www.BiggerPockets.com/analysis
Connect With People
Who Can Help You
Succeed
Find Lenders, Partners, Investors,
Agents, and More Through
BiggerPockets.com/meet
Post Your Needs/
Haves in the
Marketplace
Need a deal? Have a deal? Post 

about it in the Marketplace at
www.BiggerPockets.com/marketplace
Show The World You
Are Serious About
Taking Action
Get the “PRO” badge next to your
name/photo, add a custom Forum
Signature, and upload a Profile Video!
Watch All The Previous
BiggerPockets
Webinars

“How to Make $1,000,000”,


“How to Quit Your Job”, and more
at www.BiggerPockets.com/
ProReplay
Other PRO
Benefits:

• Unlimited Keyword Alerts


• Save with BiggerPockets Perks
• Access the Pro-Only Forum
• Download unlimited files in the FilePlace
Help support the
site that is changing
lives across the
world through real
estate investing.
BiggerPockets PRO
is NOT for everyone.

• Not for those who haven’t committed


• Not for those who are 100% broke
• Not for those who are here to pitch or spam
• Not (just) for those who are super successful
BiggerPockets PRO
IS for…

• Those who are 100% committed


• Those who need to maximize their time
• Those who need partners, lenders, or special advice
• Those who want to analyze a lot of deals
• Those who plan to invest THIS YEAR.
• Those who are committed to hard work.
How Much is
BiggerPockets Pro?
How Much is
BiggerPockets Pro?
$100,000
$50,000
$20,000
$10,000
How Much is
BiggerPockets Pro?
$100,000
$50,000
$20,000
$10,000
How Much is
BiggerPockets Pro?
$100,000
$50,000
$20,000
$10,000
$290 per year
Bonus #1
Get The 2012
BiggerPockets
Conference Audio (over
25 hours of real estate
audio training) for FREE.

$300 Value

Webinar Only
Pro Discount Code: 518
Bonus #2

Get a digital copy of


“The Book on Investing
in Real Estate with No
(and Low) Money
Down” for FREE

$19 Value

Webinar Only
Pro Discount Code: 518
Bonus #3

Get the digital audiobook


of “The Book on
Investing in Real Estate
with No (and Low)
Money Down” FREE

$19 Value

Webinar Only
Pro Discount Code: 518
Bonus #4

Get the digital bonus


book “How to Find
Incredible Real Estate
Deals” Plus seven mp3/
video interviews with
creative investors!
$19 Value

Webinar Only
Pro Discount Code: 518
Bonus #5

BRAND NEW: Get a 2-


hour video recording
of “How to Invest in
RE with No (and Low)
Money Down” - FREE

$200 Value

Webinar Only
Pro Discount Code: 518
Bonus #6
Get 20% OFF
Pro Annual by
using
code “518” on
the checkout
Save $58! page
(just $.64 cents per day)

Webinar Only
Pro Discount Code: 518
Annual vs. Monthly?
Annual vs. Monthly?

20% Off + 20% Off


2012 Conference Audio
No & Low Money PDF
No & Low Money Audio
7 One-on-One Interviews
How to Find Deals PDF
2-hour Video
Did You
Upgrade?

Let me know in the chat area!


What if you are
already a Pro?
Get the 2012 BiggerPockets Conference Audio for
FREE at http://www.biggerpockets.com/AudioPro
Pro vs. Plus
Take Action Today! To Get These Discounts,
Head to www.BiggerPockets.com/proupgrade

Use Code: 518


20% Off BiggerPockets Pro Annual
2012 Conference Audio - 24+ hours
All Webinar Replays
Digital “No (low) Money” Book
Digital “No (low) Money” Audiobook
Mp3/Video Interviews with creative investors
How to Find Incredible Deals digital bonus book
2 hour video - “Investing with No Money” webinar replay

Questions? Email me at brandon@BiggerPockets.com


Special Gifts:
(Thanks for sticking around!)

www.BiggerPockets.com/518slides www.BiggerPockets.com/7years
Q&A
brandon@BiggerPockets.com
Take Action Today! To Get These Discounts,
Head to www.BiggerPockets.com/proupgrade

Use Code: 518


20% Off BiggerPockets Pro Annual
2012 Conference Audio - 24+ hours
All Webinar Replays
Digital “No (low) Money” Book
Digital “No (low) Money” Audiobook
Mp3/Video Interviews with creative investors
How to Find Incredible Deals digital bonus book
2 hour video - “Investing with No Money” webinar replay

Questions? Email me at brandon@BiggerPockets.com

You might also like