BiggerPockets Real Estate Podcast

174: Lessons Learned From 2,000+ Transactions Over 44 Years with Dave Short

Listen Later

Around BiggerPockets, we often encourage newer investors to sit down with an experienced real estate investor to “pick their brain” and soak up their wisdom. Today on the BiggerPockets Podcast, we want to do just that. Dave Short began investing in real estate nearly half a century ago and has an incredible level of insight into the ups and downs of building wealth through real estate. We cover everything from overcoming failure to flipping a hundred houses in four years and much more!

In This Episode We Cover:

  • How he got started in real estate from a factory job 44 years ago
  • The grave need for property management and liquidating their business
  • Thoughts on going through investing with over a million dollars in debt
  • Tips for making partners instead of having bank relationships
  • How help from the outside opened his eyes
  • Why you should stay in the game despite failures
  • The importance of working with the right people
  • How many transactions he has done over his real estate career
  • How he flips a house
  • Who’s on his team
  • How to hook a spouse on investing in real estate
  • How he buys his deals
  • How to get a good transaction as a wholesaler
  • Making a deal by solving other people’s problems
  • How to show yourself to be legit as a wholesaler
  • Why you should find a veteran investor in your market
  • What “pre-habbing” a house is
  • And SO much more!

    • Links from the Show

    • BiggerPockets Jobs
    • Google Play
    • Tim Ferris’ Podcast
    • BP Podcast Show 91: Getting Started as a Real Estate Wholesaler with Ben Grise
    • BiggerPockets Keyword Alerts
    • BiggerPockets Meet
    • BiggerPockets Analysis Tools
    • BiggerPockets Forums

      • Books Mentioned in this Show

      • The 4-Hour Workweek by Timothy Ferriss
      • The Book on Rental Property Investing by Brandon Turner
      • The ONE Thing by Gary Keller and Jay Papasan
      • The Millionaire Real Estate Investor by Gary Keller
      • Burst This! by Frank McKinney
      • Unlimited Power by Anthony Robbins
      • Awaken the Giant Within by Tony Robbins

        Tweetable Topics:

        • “The management is the key to success, and real estate is just the vehicle.” (Tweet This!)
        • “In buying and selling real estate, every house has 2 to 4 solutions.” (Tweet This!)
        • “The beauty in staying in the real estate business for 44 years is if you’re in a slump for 4 years, that’s only 10% of your career.” (Tweet This!)
        • “If you can’t ask the right questions, then you’ll never get to the solution.” (Tweet This!)
        • “I never look at them as competition. They’re people we work together with, and we can all make a living.” (Tweet This!)

          • Connect with Dave

          • Dave’s BiggerPockets Profile

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

          ...more
          View all episodesView all episodes
          Download on the App Store
          BiggerPockets Real Estate PodcastBy BiggerPockets
          • 4.8
          • 4.8
          • 4.8
          • 4.8
          • 4.8

          4.8

          16,512 ratings

          More shows like BiggerPockets Real Estate Podcast

          View all
          Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

          Afford Anything | Make Smart Money Choices

          3,565 Listeners

          The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

          The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

          702 Listeners

          Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

          Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

          3,850 Listeners

          Rental Income Podcast With Dan Lane by Rental Income Podcast

          Rental Income Podcast With Dan Lane

          833 Listeners

          The Cardone Zone by Grant Cardone

          The Cardone Zone

          3,911 Listeners

          The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

          The Side Hustle Show

          1,583 Listeners

          ChooseFI by ChooseFI

          ChooseFI

          5,154 Listeners

          BiggerPockets Money Podcast by BiggerPockets

          BiggerPockets Money Podcast

          3,082 Listeners

          Real Estate Investing with Coach Carson by Chad Coach Carson

          Real Estate Investing with Coach Carson

          618 Listeners

          BiggerPockets Business Podcast by BiggerPockets

          BiggerPockets Business Podcast

          694 Listeners

          Ken McElroy Show by Ken McElroy

          Ken McElroy Show

          723 Listeners

          Real Estate Rookie by BiggerPockets

          Real Estate Rookie

          1,822 Listeners

          BiggerPockets Daily by BiggerPockets

          BiggerPockets Daily

          319 Listeners

          Wealthy Way by Ryan Pineda

          Wealthy Way

          2,131 Listeners

          PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

          PassivePockets: The Passive Real Estate Investing Show

          132 Listeners

          On The Market by BiggerPockets

          On The Market

          902 Listeners

          The BetterLife Podcast by Brandon Turner and Cam Cathcart

          The BetterLife Podcast

          848 Listeners

          The David Greene Show by David Greene

          The David Greene Show

          707 Listeners