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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episode 6: Investing While Holding a Full Time Job with Arthur Garcia
Investing in real estate while holding a full time job may not always get the most discussion in the real estate investing world – but there are thousands (if not millions) of investors who do just that. On today’s episode of the BiggerPockets Podcast, we sit down with Arthur Garcia, a busy part-time investor who has massed an impressive collection of rental properties while holding a full time job. This show is filled with a ton of really great tips to help any investor – large or small – be more efficient with their investing time. In addition – this was probably the most humorous show to date!
Before we jump into it – we want to once again thank everyone for subscribing to our show in iTunes and leaving us a review. We are up to 99 Five Star reviews and over 25,000 downloads! Thank you to everyone!
Read the transcript of Episode 6 with Arthur Garcia here.
In Today’s Podcast, We Cover:
- How to invest when prices are too high in your area.
- How to get started with “buy and hold” investing when you don’t have much money or time.
- How to use use “cost to rebuild” to predict the future of your market.
- Why Arthur and his wife sold their primary residence to live in an apartment while buying rental property.
- The “super creative way” to find flexible lenders.
- How to find “Portfolio loans.”
- A great way to legally get around the “10 loan” limit for mortgages.
- Why investing while holding a job gives you an advantage.
- Tips for finding a great property manager.
- The story of a topless 90 year old woman that finally convinced Arthur to hire a property manager.
Tweetable Topics:
- “You can’t save your way to serious wealth in retirement.” Tweet This Quote!
- “That first rental check fueled my addiction for real estate investing.” Tweet This Quote
- “Do everything you can to take advantage of the downturn in the market” Tweet This Quote!
- “You gotta draw a line in the sand and place your bet on where you think the market is going to go.” Tweet This Quote!
- “To invest in real estate while holding a full time job – you need to find ways to build systems.” Tweet This Quote
- “What makes the top performers stand out? The Art of the Side Hustle” Tweet This Quote!
Links from the Show:
- BiggerPockets Summit – Conference 2012
- Steve Landis
- Michael Zuber
- P90X
- Insanity
Books Mentioned in the Show:
- The BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing
- The E-Myth by Michael Gerber
- Rich Dad Poor Dad by Robert Kiyosaki
- How I Turned $1,000 into Three Million in Real Estate in My Spare Time – by William T Nickerson
- How to Win at the Sport of Business by Mark Cuban
About Arthur Garcia
Arthur Garcia is a buy and hold investor in Southern California who is buying up dozens of homes while working a full time job. Arthur acquires properties using a combination of hard money, HELOCs, partnerships and private investors. You can find out more about Arthur at:
- Arthur’s BiggerPockets Profile
- Arthur’s Blog – The Buy and Hold Guys.com
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