Ever dreamed of being a successful multifamily investor who owns millions of dollars in real estate while others manage your assets?
Well, today’s guest is doing just that! Brandon and David sit down with Chad Doty, a one-time businessman who ditched corporate life and moved on to real estate, now owning 3,000 units!
Chad shares TONS of meaty insight, including what he looks for when choosing a market, where he’s currently investing (and avoiding), and four rules of thumb for building a multifamily business. Chad gives great advice regarding overcoming high barriers to entry, getting brokers to take you seriously (even as a newbie), and adding value to properties in order to generate big profits.
Plus, you DO NOT want to miss Chad’s take on finding deals others are missing, the order in which you should build your team, and how he would invest his grandmother’s last 100K! If you’re looking for an episode with so much value you’ll feel guilty you didn’t have to pay for it, download this one now!
In This Episode We Cover:

How Chad got into multifamily


What evergreen is

Two real estate myths



What comes first: deal or money

The market he invests in and why

His success metrics


The four components of any successful business



Raising money to fund an apartment building


Increase rent vs. decrease expenses

What does his team look like managing thousands of properties

Rules of thumb for communicating with property management

His thoughts on the future of today’s market

And SO much more!

Links from the Show

BiggerPockets Forums

BiggerPockets Webinar

Real Estate Glossary


Grant Cardone on Multifamily Investing and Why You Should Never Buy a House! (podcast)


BiggerPockets Podcast 316: How to Become a Millionaire Through Real Estate by 26 with Graham Stephan (podcast)


BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan (podcast)

Books Mentioned in this Show


The Speed of Trust by Stephen Covey


The Millionaire Real Estate Investor by Gary Keller


The Goal by Eliyahu M. Goldratt

Tweetable Topics:

“Money flows to competency not to good deals.” (Tweet This!)

“Capital formation is the ultimate entrepreneurial skill.” (Tweet This!)

“If emotions are going to be out there, use it to your benefit.” (Tweet This!)

“Embrace the suck required to get good. But once you do that, the world is your oyster.” (Tweet This!)

“Hospitals are 24-hour blue collar job factories.” (Tweet This!)

Connect with Chad

Chad’s Personal Website

Free Report for Evidenced Based Investing


      
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317: Building a $300MM Real Estate Empire from Scratch with Multifamily Investor Chad Doty

On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Monday, Wednesday, and Friday.

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There’s a silent threat out there that most real estate investors have no idea about. It’s a threat that could take away all your cash flow, ruin your real estate portfolio, and put you right back to square one after years of work. And even the most seasoned investors aren’t immune to this threat—our own David Greene almost got caught in this trap and had to act quickly to escape. What’s the danger we’re discussing, and how do you ensure YOU don’t lose everything? We’re about to tell you!
We’re back on another Seeing Greene as David and Rob take your real estate investing questions and give up-to-date advice on what they’d do in your situation. First, a real estate investor sees his cash flow disappear due to rising operating expenses—should he sell the property or keep a low/no cash-flowing deal? Then, we talk about the silent threat targeting real estate investors—title fraud. An investor wants to know if a low mortgage rate on a subject to deal warrants a higher price, and Rob and David debate whether investing in expensive markets is worth the cost. 
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! 

In This Episode We Cover:
Title fraud explained and how silent thieves can steal your real estate portfolio without you even knowing it 
Whether to keep, sell, or 1031 exchange a rental property that won’t cash flow 
The real value of a low interest rate and why many investors get this wrong 
Warning signs that your properties are being stolen out from under you 
Investing in expensive markets and why we would/wouldn’t invest in states like Hawaii 
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Ask David Your Real Estate Investing Question
David's BiggerPockets Profile
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's X/Twitter
Rob's YouTube
BiggerPockets' Instagram
This “CARFAX for Properties” Could Change EVERYTHING About Investing
Ponzi Schemes, Property Fraud, and How to NOT Fall for a Real Estate Scam
Cash Flow For Rental Properties: What is Average or Good?
Get Short-Term Rental Comps with AirDNA

(00:00) Intro
(01:25) My Cash Flow Disappeared! 
(08:05) The Biggest Threat to Your Portfolio?
(15:03) Comment Section Callout! 
(19:06) Would We Invest in Hawaii?
(28:15) Ask Us Your Question!

Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-945
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945: Seeing Greene: Stolen Properties and Why Your Rate Doesn't (Really) Matter

It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental property isn’t as easy as before. But maybe that’s just because most people don’t know where to look for these properties. In reality, there are steals and deals all around us, and if our hosts can take down home-run real estate deals in this housing market, what’s stopping you from doing it, too?
So today, David Greene and Dave Meyer are giving you three ways to find your next real estate deal using both on AND off-market investing tactics. The majority of Americans ignore these tactics, and only serious or savvy investors will follow through on them. Once you know where to find these deals, the deal flow doesn’t stop. If you can master any of these three tactics, you’ll have a source of profitable investment properties streaming to you for years to come.
First, we’ll show you how to find off-market deals and a few strategies you can use to locate and engage with motivated sellers. Next, we’re sharing the exact networking play to get real estate deals sent straight to you. And if you think on-market (MLS) deals are dead, you couldn’t be more wrong. David shares how he picked up an on-market luxury vacation rental for a surprisingly low price, all because he knew where to look!
Looking for cash-flowing short and medium-term rental properties in the best investing markets in America? Visit Rent to Retirement or text “REI” to 33777!

In This Episode We Cover:
The three “buckets” for finding your first or next real estate deal in 2024
“Off-market real estate” explained and why most people get it wrong
How Dave was able to find off-market deals just by…riding his bike?
The people you MUST connect with if you want real estate deals sent to you consistently
The overlooked on-market properties that ANY investor can find with huge price-cut potential
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Ask David Your Real Estate Investing Question
Dave’s BiggerPockets Profile
Dave’s Instagram
David' BiggerPockets
David's Instagram
How to Find a Deal When Inventory Is Low
30 Ways Find Good Real Estate Deals In 2024

(00:00) Intro
(01:25) 1. Discounted Off-Market Deals
(09:56) 2. Talk to These People 
(16:43) 3. Overlooked MLS Properties 
(25:50) Find Your Next Deal!

Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-944
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944: 3 Ways We Find Real Estate Deals Even During the Harshest Housing Markets

Want to scale your real estate portfolio faster? These investment property loans can help. Most real estate investors get stuck early on in their journey. They buy some properties and build up some comfortable cash flow, but then…they can’t qualify for another loan. They’ve either reached the maximum limit on conventional mortgages OR don’t have enough income to qualify for bigger and better investments. So what do they do? Give up? Settle with a small rental portfolio? No, they use THESE investment property loans instead.
Jeff Welgan, our investor-friendly lender expert, is back to show us what we’ve been missing. From DSCR (debt service coverage ratio) loans that help you scale to more doors, to no-income-necessary investor loans that don’t look at your income, to business bank statement loans that’ll let you buy homes based on your business’s cash flow, these mortgages can help anyone in any position, purchase real estate faster.
If your DTI (debt-to-income) ratio is too high and you’re struggling to qualify for another mortgage, this is THE episode for you. We’ll discuss using your property’s rent to qualify for more, loans that get around DTI requirements, using your business to fund your deals, and the mortgages you should look into FIRST before you move on to more complex loan products. Stick around if you’re ready to scale faster!
Thank you to our sponsor, Rent App: the free and easy way to collect rent. 

In This Episode We Cover
Why you cannot overlook rehabbing older homes and outdated properties
The two things that tell Lisa an older home ISN’T worth investing in 
Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think
The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate
Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high
DealMachine’s five ways to find motivated sellers in any market
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Ask David Your Real Estate Investing Question
Dave’s BiggerPockets Profile
Dave’s Instagram
Find an Investor-Friendly Tax Pro Today
Hear Dave on The “On the Market” Podcast
Watch Dave on the “On The Market” YouTube Channel
Real Estate Podcast 939 - BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan
What Is Debt to Income Ratio? (DTI)
DSCR Loans: What Are They And How To Get The Best Terms
Connect with Jeff:
Jeff's Instagram
Jeff's LinkedIn
Jeff's Website

(00:00) Intro
(03:20) What is DTI? 
(07:03) Use Rent to Qualify! 
(09:32) How to Qualify for More 
(13:30) Investment Loans You’ve Never Heard of 
(21:48) No Income to Qualify? 
(26:04) Which Loan to Choose?

Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-943
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943: BiggerNews: Can’t Qualify for Another Mortgage? Try THESE Investor Loans w/Jeff Welgan

How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too.
In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!).
Want to know how to find these older homes with wealth-building potential? Stick around because DealMachine gives us a bonus segment on the five ways to find a motivated seller in ANY market! 
In This Episode We Cover:
Why you cannot overlook rehabbing older homes and outdated properties 
The two things that tell Lisa an older home ISN’T worth investing in 
Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think
The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate
Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high 
DealMachine’s five ways to find motivated sellers in any market 
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Ask David Your Real Estate Investing Question
Dave’s BiggerPockets Profile
Dave’s Instagram
Henry’s BiggerPockets Profile
Henry’s Instagram
BiggerPockets' Instagram
8 Things to Look for When Rehabbing Older Homes
Pros and Cons of Old vs. New Rentals
Connect with Lisa:
Lisa's BiggerPockets Profile
Lisa's Facebook
Lisa's Instagram
Lisa's LinkedIn
Lisa's Website

(00:00) Intro
(01:31) Investing in OLD Houses
(05:22) Signs of a Solid Property
(10:18) $100K Rehab Gone WRONG
(16:06) How to Avoid Bad Deals
(19:42) When to Hold and When to Sell
(23:54) Tenant Retention 101 
(34:27) 5 Ways to Find Motivated Sellers

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-942
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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942: Building Wealth with OLD Homes and How to Keep Tenants for Longer w/Lisa Field Moore

Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true? What if there was a way to pay off debt WHILE investing, so you could lower your liabilities AND build wealth in the background? And what if you could do that even if you were hundreds of thousands of dollars in debt? If this sounds like your situation, this Seeing Greene is for you!
David and Rob are back, answering your real estate questions so YOU can build wealth faster, reach financial freedom, and live the life you love. Our first question comes from a concerned rental property owner wondering why his property management company can’t do something seemingly simple. Then, a nationwide investor asks, “Are home warranties ever worth it?” A medical student with massive student loans asks how to start investing while in debt, and an aspiring investor asks how to turn his inherited rental property into a big portfolio. Will robots cause the downfall of real estate, and when is it the right time to add a bedroom to your rental? All that and more are coming up in this episode!
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover:
Should you invest or pay down debt? We have a strategy for doing BOTH!
What to do when your property management company ISN’T doing what you want
Home warranties 101: an appliance saver or a complete waste of money?
How to turn one rental property into an entire portfolio using HELOCs and cash-out refinances
Whether or not construction “robots” will cause home prices to plunge 
When (and when NOT) to add bedrooms or extra space to your rental property
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Ask David Your Real Estate Investing Question
David's BiggerPockets Profile
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's X/Twitter
Rob's YouTube
BiggerPockets' Instagram
Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?
Should I Pay Off My Student Loan or Invest in Real Estate?
Complete Guide to Home Warranties


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-941
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices

317: Building a $300MM Real Estate Empire from Scratch with Multifamily Investor Chad Doty

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