BiggerPockets Real Estate Podcast

139: Getting Started as a Businessman, Not a Handyman with Fat Tony

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Many people struggle to get started, especially when they live in an expensive market. That’s why today on the BiggerPockets Podcast we’re excited to bring you this interview with a newer investor who’s figuring out how to make a passive investment business despite living in one of the most expensive cities in America. You’ll learn how Fat Tony (yes, that’s really what he goes by!) invests in out-of-state deals and how mindset has played a major role in his early success.

In This Episode We Cover:

  • Who is Fat Tony, and what’s with the name?
  • How he got started in real estate investing
  • Why it all starts with changing your mindset
  • The value of continuing education
  • His first deal: a short sale
  • Whether it’s worth it to look into condos
  • How to start doing the things you need to do
  • The importance of tracking your net worth
  • Why you should view real estate as a long term play
  • What it takes to successfully invest out of state
  • The importance of working with people who you can trust
  • Why all investors should have cash reserves
  • Why Tony believes in buying site unseen
  • The worth of his properties today
  • Tips for finding people who share the same mindset
  • And SO much more!

    • Links from the Show

    • Want to be our sponsor? Email here
    • BiggerPockets Forums
    • BiggerPockets Webinar
    • BiggerPockets Podcast
    • BP Podcast 134: Creative Finance and Gaining a Millionaire Mindset with Pro BMX Rider Terry Adams
    • The Secret
    • BP Podcast 004: Commercial Real Estate Investing With Frank Gallinelli

      • Books Mentioned in this Show

      • Brandon Turner’s Investing With No or Low Money Down
      • Secrets of the Millionaire Mind by T. Harv Eker
      • Rich Dad Poor Dad by Robert T. Kiyosaki
      • What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measuresby Frank Gallinelli
      • The 4-Hour Workweek by Timothy Ferriss

        Tweetable Topics:

        • “I’m a businessman, not a handyman. And I’m okay with that.” (Tweet This!)
        • “There’s gotta be a way. Other people are doing it. I just need to figure out the way.” (Tweet This!)

          • Connect with Fat Tony

          • Fat Tony’s BiggerPockets Profile
          • Fat Tony’s Company Website
          • Instagram
          • Facebook
          • Twitter
          • The Expansion Project Podcast
          • Break Parallel

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

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