I Had ZERO Experience and Replaced My Income with Real Estate

This investor went from buying a single property to owning multiple apartment complexes and cash flowing $7,000 per month, all in less than 10 years. Peter was working a dead end job in 2018 when his brother suggested fixing up a house that was about to get foreclosed on. A year later, they each made nearly six figures. And then Peter was hooked on real estate investing and was willing to do whatever it took to build a profitable portfolio and including sleeping in his truck for several weeks while renovating a new property. That dedication has paid off with nearly a 3x return and a repeatable new investing formula. Let's hear exactly how Peter makes these deals work. Hey everyone, I'm Dave Meyer, head of real estate investing at BiggerPockets. And on this show we teach you how to achieve financial freedom through real estate. Our guest on the show today is Peter Fife from Provo, Utah. Peter started investing with just a single triplex and co called more than 20 lenders to find funding for that first deal. Today he's able to clear million dollars on some individual deals he scaled up by getting creative and hustling to make deals work that other people overlooked. Enduring a lot of short term discomfort to achieve long term success. Peter did all this by going all in. He burned the boats and it's not for everyone, but this is a super inspirational real estate journey that's only getting better. Let's bring on Peter. Peter, welcome to the BiggerPockets podcast. Thanks for being here.

Oh, thanks for having me. I'm excited.

Yeah, this is going to be a great show. Let's start by hearing your background. Who are you, where do you live and how did you get into real estate?

I lived in Manti, Utah, farm town. Not a lot of access to real estate, not a lot of stories there. But I started out in real estate because I was kind of at a job that I didn't want to be at for the rest of my life. And yeah, I had an opportunity to kind of fall in my lap with my brother and went from there.

And where were you at that point, both financially and professionally? Were you working? What were you doing with your time?

I was an intern working for a company that I was staffing and recruiting for them. I was happy to have the job. They eventually moved me up to a salary of making like 40 or $45,000 a year. So not really a ton there either. But it was while I was at that job, my brothers actually worked there as well that one of my brothers came to me and he had said, you know, hey, there's this opportunity of a triplex in the area. I have terrible credit. You have great credit. I have money. You don't. Let's kind of go in on this together. We'll use your credit, my money, and we'll see if we can flip this thing together. So that's kind of how it got started.

Okay. So it was a triplex in your own area.

Yeah.

And how did he come across this?

He was living in the same city, and I think as he was walking along, he just kept passing this triplex that was in terrible disrepair. And it turns out that the owners were kind of in the middle of a nasty divorce, and so they just needed to liquidate the property. And he happened to be there at the right time.

What year was this?

This was in 2017.

Okay.

So we walked into this triplex and it was. The walls were brown. We thought that the owners had just painted it brown. We're kind of walking around knocking on some walls. It's like an old pioneer home. And after about three minutes of us faking, like we knew what we were doing, we both kind of turned to each other and we were like, dude, we're screwed.

But you had already bought it.

Yeah, that. We bought the house. We're like, we don't know. We've never even installed a toilet. We've maybe painted a couple walls. Like, what the heck are we doing? Like, it was. It was crazy.

I think that that moment of panic is. Is a ubiquitous across all real estate investors. I don't know. People listening honestly still have that sometimes when you buy something, you try and something a little bit where you have that moment of panic. I want to hear how you got through that. But curious first on just sort of the details of the deal. How much was it and how given that you were starting one of you low credit, one of you not a lot of money. Like how structure this deal and close on it.

Yeah. So we found a local credit union that was willing to do a 10% down payment investment for an investment property. So he was able to front that with. With my credit. So we bought that thing for $240,000. We did all of the work ourselves. Like literally everything. We got it all checked by inspectors and whatnot. It was all done well. But after all was said and done, when we walked away, we sold it for $420,000.

Wow.

Yeah, we just made a good amount of money on that one.

And the goal was always to flip it, not to hold on to it.

Yeah, Always to flip it. And I had no idea about holding real estate properties. That was just kind of like, I mean, this is an opportunity to make more money than I'm making right now, my job. So.

So you weren't like, oh, I'm on the financial freedom path, or at that point at least you're just kind of like, yeah, you know, making a couple of grand. It sounds pretty good.

Yeah. And I do remember after closing, signing the paperwork, and then I saw the money hit my bank account, and I was like, holy smokes. Like, I just made more money on that than I will in, like, almost two years of work.

How painful was it, though? You had no idea what you're doing by your own admission. Was it. How steep was that learning process?

Yeah, it was brutal. So we would work our day job until 4:30. We'd come home kind of. I'd give my wife a kiss, shove down some dinner, and then he and I would be working from probably 5:30 or 6 to midnight every night for that entire year. And, like, his kids would come by and say hi to him, but we were working every night. So we maybe had like, a few days that accumulated maybe a couple weeks throughout the year off. But, like, yeah, we were working every night.

How did you go about learning how to do this if you'd never done it?

Yeah, YouTube University.

Yeah, that's what I figured you'd say. You just, like, pick the project that night. You're like, how to drywall.

Yeah. How?

Toilet. And toilet. Oh, yeah.

Okay. There's a wax ring under this thing. Okay, cool.

Okay. What was the hardest thing?

Rats. That was the nastiest thing. So, yeah, we had found buckets of, like, these rat traps that the previous occupiers.

Yeah.

So we had to, like, eradicate the place with the rats, I think, scrubbing down the walls. We thought they were brown. Turns out they're. They're white. They were brown because of the nicotine that had been smoked.

Oh, my God. Yeah, I've seen those kind of houses for sure. But, Matt, Peter, you are not doing a good job selling the idea of real estate. I mean, the check sounds good, but you're making this sound m. You're laughing, though. I know it's hard when you do it, but, like, looking back on it, it sounds like it was worth it, right?

Oh, so worth it. I mean, to be honest with you, as of a couple years ago, my wife and I could have retired.

Oh, my God.

We could have retired and maintained our standard of living. Our standard of living isn't phenomenal by any stretch of the imagination. But, I mean, if I were to die. If I were to have died two years ago, my wife and kids would have been able to maintain their standard of living forever, which was really awesome.

Well, that. That seems super motivating. I mean, you just took a huge swing right out. Right out the gate.

Yeah.

Probably one of the hardest possible approaches to your first deal. Buying it yourself, working with a partner, which is great, but neither of you really have experience in this, and doing a full rehab, doing all of that diy, but you did it, and you made it work. So where did you go from there? Were you in on rehabs or did you change your approach?

Yeah, I was definitely in on rehabs. I had. I kind of got that first shot of. Of that high that I got when I walked out of that, and I was like, man, this is. This is what I'm going to do. My brother had kind of stepped away for a bit, and so I just kind of like, okay, I'll do this on my own. I found a property that was super cheap selling for $212,000. I thought that it would need maybe $30,000 of money into it, and I could sell it for, like, 320.

Okay.

And it was a mess. I didn't have any money still.

Can I ask what happened to the check?

Yeah. So that check went into us buying our home.

Oh, nice. Okay, so. So just quality of life, wanted to support your own living.

Yeah. And so I ended up going on Google Maps, and I typed in money and lender, and I called every lender and money result that came up. And on the 21st phone call, I got ahold of somebody, told them the deal somehow convinced him that I could fix a house by myself in six months.

And these were hard money lenders?

Yeah, I guess. I mean, this guy wasn't necessarily hard money lender.

This guy's just money you don't even know. You still don't even know you borrowed this person's money. You're just like, did you just meet him behind a 711 and he'd give you a back of money?

I never met him. He was like, yeah, here's my account number. Here's my routing number. And for the expenses of the remodel, here's my debit card. Just make sure all expenses go to the debit card.

What? I mean, I guess he's the one taking on risk, but. Wow.

Okay. Well, there's a lot of risk on my side, too, because I said, look, if I can't flip this in six Months. Then you can have my house.

Oh, your primary. You put up your primary as collateral to a stranger on the Internet?

Yeah. If this dude is willing to give me his account routing number and the deal is going to close, let's do it. And so he mailed me his debit card, and, yeah, I worked on that house all day, every day.

I'm not gonna lie. This is some shady.

I'm sorry. Hopefully this isn't. I mean, I didn't know what I was doing. I just needed money. And so, yeah. And I call, and that closed five months and 27 days later.

Wow. Okay. Well, I want to compliment your hustle, because that is awesome. I do respect the hustle.

I know.

Honestly, it sounds like you really made it work. Will, just a word of caution to our audience. Maybe don't just meet people on the Internet who mail you your debit card. There are better forms of financing, let's just say.

And I had no idea there were.

No. I totally get it, man. I think at the beginning of my career, did some stuff I would not recommend to our audience as well. I just, you know, in the spirit of hustle, you sometimes do something. But luckily, I think in today's day and age, we've evolved this industry. There are a lot of hard money lenders. There are private money lenders or people that you can meet through the pickerpockets community who maybe at least have reputation that you can check out, make sure that they have all the right paperwork in a row of that kind of thing.

Absolutely. That's what I did moving forward was someone was like, you should go on biggerpockets, check out their. Their lenders. I was like, oh, okay. I didn't know biggerpockets had lenders.

So I kind of went on, what's a lender?

Yeah, that's kind of what it was like. And then I. And then from that point on, it was. It was much more streamlined. I started doing several more deals and yeah. Scaled up from there.

Okay, so how did that. That second one, you said six months. And if you finished in five months and 27 days, how did that work out financially for you?

That one I made, I think it was $42,000 on.

Oh, nice. Amazing.

Which again, I was happy with. And I think more. More importantly, it gave me a good. It started giving me a good track record so that when I went to those hard money lenders, I could say, yeah, I've done a triplex. I've done know this house now, and I've done it in the time that I've said I would do it at. And then they became much more willing to lend to me.

Yep, that's. That's the perfect way to do it. And did you. You did all the work yourself again, but without your brother?

Without my brother, yeah. So I did all of it myself. And I learned that the first go around for me, I'm guessing this is similar for everybody, but the first go around for me is arduous and slow. But then the second time around, I mean, it was. It was easily twice as fast.

So much easier. Yeah. There's just so many hurdles and research you have to do and mistakes and you have to drive back and forth to Home Depot nine times in one day. And that's just your life for a little while.

Oh, my gosh.

And you were working full time, right?

At this point, I had left my job. Oh, we're expecting our first kid.

Okay.

Everyone thought again, thought I was nuts for leaving my job, and I did. Yeah. About two months away from. From our first baby being born.

And was that just because you were at that point bought in full send on real estate?

For me, my decision came as I've always wanted to work for myself. I've seen people that are business owners. I've admired them, but I was terrified of starting a business. And I just thought, man, I've done this now a few times. This is now giving me a good financial cushion. I'll keep doing real estate while I try to start other businesses. And so that's what I did. Every home that I flipped would translate into a business that I would try to start, which inevitably failed. And I put another home and I would fail that company. I failed enough to where I do have a couple companies that are now working really well outside of real estate, but there's a graveyard of failed companies in the past.

There's no shame in that at all. Starting businesses is really a brave thing to do. And personally, I think the best path to financial independence is owning your own businesses. And sometimes they don't work that, you know, they are high risk, high reward propositions.

Yeah.

One of the reasons I love real estate is it offers a lot of the reward without a lot of the risk because it's sort of a proven business model. But I have also started businesses outside of real estate. Some of them have done okay, some of them have failed. That's just the game.

And the beautiful thing about it is that with real estate, if your business does do well, well, that money is going right back into real estate. And so that's kind of what I've done. So it's been, it's been a bit of a journey. So I've started like an, Yeah, a baby bottle company, which has been interesting.

Really?

Yeah. And I've started like a AI property management company, which just started. And it's just, it goes all over the place. So. But all that's been funded by real estate.

All right, well, I want to hear how your real estate career evolved after that second flip and after you quit your job. But we gotta take a quick break. We'll be right back. They say real estate is passive income, but if you've spent a Sunday night buried in spreadsheets, you, you know better. We hear it from investors all the time, spending hours every month sorting through receipts and bank transactions, trying to guess if you're making any money. And when tax season hits, it's like trying to solve a Rubik's cube blindfolded. That's where Baseline comes in. Biggerpocket's official banking platform. It tags every rent payment and expense to the right property and schedule E category as you bank. So you get tax ready financial reports in real time, not at the end of the year. You can instantly see how each unit is performing where you're making money and losing money and make changes while it still counts. Head over to baselane.com biggerpockets to start protecting your profits. And get a special $100 bonus when you sign up. Thanks again to our sponsor, Baselight.

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Around the second flip, I started realizing, man, I need to start creating passive income.

Okay.

I'd listen to a lot of bigger pockets. I had heard about the brrrr method, and so with every flip that I did, I tried to divide the money that I made from that into two different properties. One that I would hold onto long term, and then one that I would sell.

I like that approach.

And that's kind of. That's kind of how I did it. So I would make $40,000. I'd find someone that needed $20,000 to buy the property that I'd hang on to, and then $20,000 for a down payment for the. For the flip home.

Okay, so you would rehab two properties? Essentially, yes. You could be doing both yourself at that point.

No.

Are you?

I was doing. I was doing. Yeah, I was doing both myself.

Yeah.

So it was very much like the ones that were, like, multifamily, like the duplexes. Those would be the ones that I tried to buy and hang on to. They needed light remodel work, like new carpet paint, you know, very much cosmetic. The really heavy flippers. Those needed some. Some serious work. And so I devote most of my time to those. But initially, I would. I would get this property turned around to this duplex turned around as fast as I could so I could get renters in there and start cash flowing.

I mean, you must be good at this, because I bought my first deal, had that same moment where I walked in. I was like, what am I doing? I do not know how to do this. And then my experiences after that only confirmed. I don't know what I'm doing when it comes to renovations. Like, I'm not good at it. I am modestly handy. I could do a couple of things, but I am not renovating or flipping a house by myself. So you must have either a natural ability for this, or I would imagine you've come to like it, or like, how did you. How did you go from nothing to being so good at this?

It was just the pressure of putting food on the table. I mean, kind of. Kind of like what I was saying. I was. I was taking part of that money to try to start a company that would fail. That money's down the drain, and it's like, shoot, I've got enough money to Feed my family probably for the next six months. This flip has to work. And it's only going to work the way that I want it to if I'm doing it myself, which I grew out of. I started doing bigger deals and I hired. I now have a team that does all of my work for me.

Yeah, I mean, it sounds like you went with, I don't know if you've heard of this book. There's this book called Burn the Boats. It's kind of like this idea that you sort of like give up your plan B because then you're all in on plan A and you put the pressure on yourself to perform. It sounds like you subscribe to that philosophy.

Absolutely. I procrastinate until the last minute unless I can't procrastinate. And so for me it's like, well, the boat is burned. There's no choice to procrastinate. I just have to perform.

So you mentioned that you now have a team. At what point and like, at what scale did you go from doing it yourself to hiring out some of the work?

So I started realizing these flips are great, but they're not giving me enough passive income that I want. And so at this point, it was very much passive income, heavy of what I wanted. And I couldn't afford properties in Utah. Prices just spiked in the early 2000 and twenties. And so I started looking. I created a spreadsheet of like 80 of the fastest growing cities in the, in the country. And I did all this research on what the best investments would be.

I love it. That's my favorite pastime. That's what I do for fun.

It was brutal. I hated. I ended up hiring a VA from the Philippines. And I was like, I can't do this, dude.

I would have done it for you.

Oh yeah. What ended up happening is I found a deal of a dilapidated apartment complex in West Texas that nobody in the country wanted. Selling for $315,000 is a 16 unit complex.

So you found this in West Texas. Were you just looking for deals or did you identify West Texas and then start looking for deals?

So I seen that Odessa and Midland, they were having some good, good indications that they were growing. They're very oil dependent.

Yes.

And so I knew that that was risky, but I had to pair that with the amount of accessible cash that I had at the time that I had. And in my experience with these lenders, it was very easy for me to get loans for deals that were one to four units. It was almost impossible for me to get deals that were five and up.

Yep, that's common.

Yeah. So what I learned was that, man, if I want to break into this, into this realm, the only way to do this is if I buy this property cash. And so I, I sold all, burning the boats. I sold all of my properties in Utah.

Whoa.

Bought this thing cash and then flew down there, bought a truck for like a thousand bucks. Slept in the truck for a couple weeks, fixed up some units, got some, got some tenants in there. And then at that point I was like, this is ridiculous. I got to, I got to hire somebody. So then I found some contractors and they, and they took over.

Okay, well, I really want to hear the details of this deal because it sounds like again, you're just going all in, hustling as hard as you can to make these deals happen. I want to hear more about it, but we got to take one more quick break. We'll be right back.

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Real estate. It's been a cornerstone of wealth building for generations, but it's also often a major headache for investors. You get these 3:00am maintenance calls, tenant disputes, property taxes. Enter the Fundrise Flagship Real estate fund, a $1.1 billion real estate portfolio built for you. We're Talking more than 4,000 single family homes in the thriving Sunbelt, 3.3 million square feet of in demand industrial facilities, all professionally managed by a very experienced team. With the Flagship Fund, you're tapping into real estate's most attractive qualities like long term appreciation, potential hedge against inflation, diversification for the stock market, all those things. Check, check, check. All this comes without complex paperwork. Massive down payments are the soul sucking landlord duties we all know about. So visit fundrise.compockets to explore the portfolio. Check out historical returns and see just how easy it can be to add real estate to your investing strategy. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the fund's perspectives@fundrise.com flagship. This is a paid advertisement. Welcome back to the BiggerPockets podcast here with Peter Fife. We just heard how he sold all of his properties in Utah, bought a multifamily in Texas, was living out of a truck, fixing it up. We got to break this thing down, man. So how much was the property in? It was in Odessa, Texas, in a.

Suburb outside of it. Yeah.

Okay, and how many units? How much did it cost?

Yeah, so it was a 16 unit complex and it cost $315,000.

So 315 and 16 units, that's a little bit under $20,000 a unit. That. That's pretty darn good. Okay, I can see the appeal there, but what was it like selling these properties in Utah? Was that scary?

Oh, it was so scary. Because things were going well, we kind of had a system going I was familiar with it. I kind of thought I could repeat the process a lot of times, but at that point, my wife and I just kind of committed to the idea of passive income.

Yeah.

And so it's kind of like, well, if we're committing, then we're burning the boats.

That's just your thing, man. So what was the upside here? Like, you're buying it for 315. And so when you analyze the deal, what was the ARV like, how much money, you know, how much you're going to drive up the equity value? And then since your goal has shifted to passive income, how much cash flow did you project it would give you?

Yeah. So I ran the numbers. The units renting out for anywhere from 850 to 1050 per unit, per door, if they were renovated correctly.

Wow.

Yeah. The cap rates aren't. Aren't great out there, but even with those cap rates, it would sell for around 1.1 to 1.2.

Oh, my God. Unbelievable. That's a huge opportunity. So triple, maybe quadruple the value.

Yeah. And in my numbers, I kind of figured, you know, that the plumbing wasn't bad. The electrical was all up to date. It was just a lot of cosmetics. It was just a really ugly property. So. Yeah. So I fixed up a couple units myself to show everyone that was going to hire how it needed to be done, and then all in. We were in at about $300,000 after. So 315 for the purchase price, 300 for the. For the renovation.

Wow. Okay. And just to reiterate what you said before, you literally moved to Texas, bought a truck, lived out of it, and renovated some of those un.

Yeah. So, I mean, my family didn't. I have a very patient wife.

Oh. Yeah. I wasn't. Yeah, I wasn't expecting that.

No. I flew down to Dallas, got an Uber to some guy's house that was selling a truck that promised me it worked. Well.

Wow.

He dropped me off, I gave him some money, he gave me the truck, and off I went.

Man, you are more comfortable with Internet strangers than I am. I'll just say that.

For good or for bad. Maybe. I don't know. But thankfully, that truck worked out great.

How did the deal go? How long did it take to renovate? Did you hit the rent numbers you were expecting in the arv? You were expecting.

Yeah. Everything turned out the way that I hoped. We ended up refinancing for $800,000. I was able to pull out $200,000 in equity, and then we were cash flowing around for four to. Four to $5,000 a month.

Oh, my God. Okay, so four to $5,000 a month in tax advantaged money. I mean, this was years later. But you said when you first started, you were making 45 grand. Ish. A year. So 4000 pre tax. And so this deal alone basically made you more income. One deal.

Yeah.

Got you more income than your job had been previously.

Yeah. And then that's not counting the $200,000 that I was able to.

Yeah, yeah. To do. Yeah. That's unbelievable. Could you compare to. For us, like, how much cash flow were you making in Utah with the properties that you had to sell?

Yeah. So the cash flow with those, I was making around maybe $2,000 a month.

Okay, so you doubled your cash flow, added $200,000, and now you have a new truck.

Yeah. That truck is no longer. It's gone the way of the earth. It was not a great truck. Yeah. But it was an old beater. But it was cheap and it worked.

I would imagine for 1,000 bucks, you get what you pay for.

Yeah.

Unbelievable. Well, I think this is a really cool story. I mean, I'll just be honest. I think a lot of people out there, Peter, are probably listening to your story, and they're like, there's no way on earth I would do something like that. I totally respect your hustle. It's great. It's unbelievable. And I think for certain people out there, this is an incredible model that you can follow of just hustling and learning and betting on yourself. I think that's what's so cool about what you've done here, Peter, is just bet on yourself. But even if you're not willing to live in a truck or do these things, I think what Peter has done here showed a model that can really work for a lot of people. He figured out a way to make active income through flipping. You know, get large sums of money that you can use to invest. Because it is hard to go after passive income if you don't have capital. I assume you reached that understanding at a certain point, Peter, that, like, if you want to just buy something and hold onto it, you can't do that for nothing. And so you need to figure out how to get enough capital upfront to make that work. Some people, like me, choose to do that by continuing to work full time. Other people, like Peter, find ways to do that in real estate. Personally, I honestly don't care. I think whatever is easier for you to figure out a way to make that money up front to invest in the long term, assets, like, you should go do that if your goal is long term passive income. So I think that's an awesome template that people can follow here. The other thing I think that is so admirable and cool about this is a lot of people buy assets and then just hold on to them forever, regardless of how they're performing. And I think it's really cool that you sort of did the math and figured it out. And even though it might sound crazy to people to sell everything in your backyard and go move to another town, clearly you're good at analyzing deals because you found a really good one and the way you analyzed it turned out to be true. I mean, I assume this was sort of like a transformative, life changing deal for you that you were able to do because you were willing to think creatively and think a little bit outside the box and not just hold on to the properties that you've owned for years and years.

Absolutely. Yeah. And so I've now done that three more times. I've not sold any more properties, so I've hung on to all of the. Okay, so I did a 17 unit close by and then I'm doing a 38 unit right now.

Wow. In Odessa?

No, 38 unit is in Houston. The 17 unit is in the same area of Odessa Midland.

Why go outside of Odessa if that was working and get into another market in Houston?

Yeah. Odessa is a good place. It is dependent on oil. And so I noticed that even with my rental trends, there were. There were some months where I had more vacancy than I'd wanted. I say, and. And that wasn't comfortable for me. And I know Houston is. There's just so many people there. If you build the right product, you're going to find a decent amount of renters for sure. It was safer for me.

I just need to ask, how do you find these deals? They sound incredible.

LoopNet, which I know.

Really?

Yeah, yeah. It's just the properties that nobody wants.

Why?

Really? I mean, I've come across. So these properties are properties that have had like voodoo worship in them. They've got tar written all over the wall, like tar splashed on the wall. You've got dead animals. People walk them and it just scares them away. For me, I just see money signs.

Interesting. Yeah. Because like, at this point in your career, it doesn't sound like there's much you haven't seen.

No. And I mean, when you're demoing a property, it doesn't matter if there's tar on the walls or not. You're ripping off the drywall anyway.

Yeah. It's just slightly more stuff to throw out.

Yeah. And it's not that big of a deal. Demo takes a few days, so it's like a couple days of a hiccup. And it's like, that's not that big of a deal. But for a lot of people, it's scary.

All right, so as we sit here today, Peter, what does your portfolio look like in terms of door count, cash flow, equity, anything you're willing to share?

Yeah. So I would say door count, we're. I think it's at 78 right now. Cash flow, we're roughly making around 7,000 or $8,000 a month.

Congratulations. An unbelievable success that you've achieved really, largely on just your own grit and hustle.

Thanks.

So now, Peter, that you have this passive income, what are your goals going forward?

When I first started, I really was trying to scratch that entrepreneurial bug, but I got burned a few times with some businesses that didn't work. And now it's. It's like, okay, maybe I can, you know, keep taking these gains from real estate, continue investing in real estate, but maybe I can take some time now to try to start these other businesses that I feel have a really, really promising future. But all that's funded by. By real estate.

Awesome. Well, congratulations, Peter. It sounds like you've had a really interesting career and totally respect the hustle. It's incredible, like, what you've done and really taken on yourself to improve the financial lives of you and your family. Congratulations.

Oh, thank you. Appreciate you. And this has been an awesome opportunity.

Yeah. Thank you for being here and thank you all so much for listening to this episode of the Bigger Pockets podcast. We really appreciate it. If you have a story that you want to share on the podcast, we are always looking for guests of all experience levels. You don't need to be super experienced or have hundreds or dozens of units. We want to hear your real estate story. If you want to share yours, go to Bigger Pocket. Guest and apply. Thanks again for listening. We'll see you next time. Thank you all for listening to the Biggerpockets 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 Calico, content and editing is by Exodus Media. If you'd like to learn more about real estate, investing or to sign up for our free newsletter, please visit www.biggerpockets.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. BiggerPockets LLC disclaims all liability for direct, indirect, consequential or other damages arising from a reliance on information presented in this podcast hey everyone, My favorite event of the year is almost here, the Bigger Pockets Conference. And I'm here with some exciting news that we just added two new sessions that you do not want to miss. First, we have Doug Bryan, super bowl champion turned real estate strategist who's going to share his playbook that he used after 2008 to scale to 17,000 single family units. And we have Andy Gill, full time investor and tech pro who's going to share the exact AI prompts he uses to save hours on contracts, deal analysis and operations. I've said it before, but it's worth repeating. The next wave of opportunity in real estate is already forming and I believe that the investors who get ahead won't be the luckiest. They're going to be the ones who are the most prepared. That's why I want to see you at bpcon. With over 40 sessions packed with real tactics for today's market, you'll leave ready to act. But the real magic? It happens in the hallways, connecting with other investors, swapping ideas and building relationships that last long after Vegas October 5th is right around the corner. So if you've been on the fence, now is the time to get your ticket. You can grab it@biggerpockets.com Vegas that's biggerpockets.com Vegas.