From Red Robin Waiter to 250 Units (Using the MLS!) with James Dainard | BiggerPockets Podcast 338

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 134

  • @OrwinSmithSr
    @OrwinSmithSr 5 років тому +109

    5:35 starts

    • @Stuarttombros
      @Stuarttombros 5 років тому +1

      Orwin Smith Sr. Thank you

    • @arjunmoses4315
      @arjunmoses4315 3 роки тому

      You probably dont give a shit but does anybody know of a method to log back into an Instagram account??
      I somehow forgot my login password. I love any tricks you can give me.

    • @ProjectRE
      @ProjectRE 3 роки тому

      👍

  • @SterlingWhiteRealEstate
    @SterlingWhiteRealEstate 3 роки тому +12

    25:39 What to look for in a partner?
    Core values on the same page:
    Integrity
    Honesty
    Work ethic

    • @ProjectRE
      @ProjectRE 3 роки тому

      💯

    • @unknowndriver6652
      @unknowndriver6652 2 роки тому

      @@ProjectRE hey i want to start getting into the real state , can you help giving some tips?

  • @jonathansitorus3973
    @jonathansitorus3973 5 років тому +9

    Such a great episode. The info on how he broke down construction cost was so good.

  • @Fuimosomoseremos
    @Fuimosomoseremos 5 років тому +9

    Went to a class by James Dainard a few weeks ago, now I see him here!! Great motivation!!!

    • @ProjectRE
      @ProjectRE 3 роки тому

      Thank you! Happy you made it!

  • @elian051194
    @elian051194 4 роки тому +6

    this episode was so good i had to watch it twice

  • @olympiagrace5974
    @olympiagrace5974 2 роки тому

    Cool dude. Even Brandon and David were amazed.

  • @melodeelucido1446
    @melodeelucido1446 4 роки тому +5

    LOOOOOVE THISSSSS!!!! But thanks David, I had just taken a nice big swig of my banana flax smoothie when you said you couldn't get over Brandon's wedding dress. Yeah, smoothie everywhere. Love you guys

  • @epr1
    @epr1 3 роки тому +2

    Wow your guest, James, is just such a cool, smart, successful, nice guy. Thank you for sharing.

    • @ProjectRE
      @ProjectRE 3 роки тому

      Most of the time 😂 Thank you :)

  • @joshuarivera5782
    @joshuarivera5782 5 років тому +12

    Just started watching!! Can’t wait to soak in the knowledge!

  • @jRising
    @jRising 5 років тому +10

    Such a good episode! I need to listen to this 4 times over to absorb it all.

  • @jmperry007
    @jmperry007 5 років тому +5

    Excellent episode! Learned a lot and really dig the creativity when looking at deals.

    • @ProjectRE
      @ProjectRE 3 роки тому

      👀 got to look in all ways!

  • @tonymartinez5946
    @tonymartinez5946 5 років тому +6

    Awesomeness!! Something I rarely hear addressed...
    On contractors: ie.building, Landscape, plumbers etc.
    Unlicensed VS licensed, insured, bonded.
    Licensed will cost more but they carry Liability insurance, commercial truck and Workmen’s Comp. insurance.
    Advice or thoughts on this topic?

    • @ProjectRE
      @ProjectRE 3 роки тому

      Always hire licensed!

  • @Ambrosha385
    @Ambrosha385 4 роки тому +2

    this was so inspiring and educational. Thank you! James is amazing

  • @marleyzlegacy9208
    @marleyzlegacy9208 5 років тому +4

    This is amazing. Fantastic creativity!

  • @reneolivas1892
    @reneolivas1892 2 роки тому

    Love this! Great details. You are so inspiring. Thanks for the info!

  • @yousefkhalil6533
    @yousefkhalil6533 2 роки тому

    Thank you for keeping me motivated! Shalove Geter you need to here her story, Mother/Broker/Property Manager/ Owner/Beast! You need to get this women on the pod she so is so inspiring and I think it would be great to see things from a property manager's perspective too. Trust me she is remarkable!

  • @jamalchukueke4461
    @jamalchukueke4461 5 років тому +7

    James killed it! Representing the PNW! Good job, man.

    • @ProjectRE
      @ProjectRE 3 роки тому

      Thank you! PNW life!

  • @sheilag9345
    @sheilag9345 5 років тому +3

    The install rate spread sheet is a great way to address this issue (how to calculate rehab costs? ).

    • @ProjectRE
      @ProjectRE 3 роки тому

      Check out our UA-cam channel!

  • @trking92
    @trking92 3 роки тому +1

    Loved this episode lots of great information.

    • @ProjectRE
      @ProjectRE 3 роки тому +1

      Thanks Terrance!

  • @mrsteiderman
    @mrsteiderman 5 років тому +3

    You guys are extremely inspiring! So many great tid bits!

  • @meghanmarquez3065
    @meghanmarquez3065 5 років тому +9

    Listening for a motivational boost!

    • @45_MAGA_47
      @45_MAGA_47 5 років тому

      Meghan Marquez what market(state/city) are you interested in ?

    • @meghanmarquez3065
      @meghanmarquez3065 5 років тому

      Cowboy 94 Hi! I have two rentals so far. In Goodyear and Surprise Arizona. I’m not sure if I will be able to afford another one in Arizona because the prices have gone up so much. I’m starting to look in East Tennessee now.

    • @45_MAGA_47
      @45_MAGA_47 5 років тому

      Meghan Marquez That’s good to hear! I live in New York but I have my eyes on Florida and maybe even Texas. Your 2 rentals are single family houses?

    • @meghanmarquez3065
      @meghanmarquez3065 5 років тому

      Cowboy 94 yes they are both single family. We will be moving next summer. I think we will be selling the home we live in now and using the profit from that sale to buy at least a duplex but hopefully a quad. We don’t know where we will be moving yet so if we are lucky we will end up somewhere where multi family housing is an option.

    • @ProjectRE
      @ProjectRE 3 роки тому

      Grind it out!

  • @FrankVanegas
    @FrankVanegas 3 роки тому

    Awesome episode!

  • @gopherlee9427
    @gopherlee9427 5 років тому +13

    James Dainard! Please write a real estate investing book. Pretty Pretty Pleass!😀😁😊

    • @davidwilkerson8486
      @davidwilkerson8486 5 років тому

      Right. this stuff is legit. how many units do you control?

    • @ProjectRE
      @ProjectRE 3 роки тому

      Working on it! ;)

  • @agigcbo
    @agigcbo 5 років тому +4

    This episode was fantastic!!

  • @matthewirvine8759
    @matthewirvine8759 5 років тому +9

    Great episode, great guest, content was awesome. You guys sound tired though, both hosts seemed running on low energy. Just a constructive criticism, I have listened to 90% of your content and noticed a difference. Thanks for all the work you guys put in.

  • @radianthealth8725
    @radianthealth8725 5 років тому +3

    Hi , I have a problem to be solved. I am 1 on 4 siblings that inherited a house from parents, and have to sell basically because everybody wants the money out of it. And 2 of the people have their own family and homes. However me and my brother do not have our own homes and would love to own this home/property , but we dont have much money at all and do not fall into any conventional loan mortgage scenario... Any ideas in this, anyone?? The other two siblings( two sisters) just want the cash out of this , like yesterday! thank you for your expertise and suggestions ....

    • @brianp254
      @brianp254 5 років тому

      Unless there's enough equity in the house to barrow and pay them off you gotta sell. But there teaching you how to take the profits from that sale and turn them into your next property.

    • @radianthealth8725
      @radianthealth8725 5 років тому

      @@brianp254 YOU MEAN like a reverse mortgage? thank you for the reply Brian

    • @brianp254
      @brianp254 5 років тому

      @@radianthealth8725 is the house paid off or how much of the house is paid off and how much is the house worth in today's market?? The amount that is paid off is the equity. Say there's $100,000 left on the loan. But the house is worth $400,000. You have $300,000 in equity. Now everyone's split of the house is $100,000. So have to talk to a bank or credit union and take the money back out an equity loan or refinance the house to pay the other 2 there share of the house. Good idea to talk to a lawyer too. they want money you want the house.

    • @radianthealth8725
      @radianthealth8725 5 років тому

      @@brianp254 no, its all paid off , all equity, divided 4 ways... just difficult when 2 of the siblings dont need a house, they want their share , and want it sold asap. tricky in this area of PA to make any headway with people.

    • @brianp254
      @brianp254 5 років тому +1

      @@radianthealth8725 go to a lawyer see what leagally needs to be done for the house to be put in your name and for them to get paid off. The bank should refinance the loan for 50% of the value of the house. There is 50% equity left In the house and that would make them more comfortable with the loan. Then you just pay the 2 off that want the money after you refinance.

  • @royholcomb5245
    @royholcomb5245 5 років тому +1

    I stand corrected this one is pretty strong on some numbers.

  • @dante869
    @dante869 5 років тому +1

    Best episode so far!

  • @loribray17
    @loribray17 3 роки тому

    SO CONFUSING HARD TO KEEP UP BUT FASCINATING!

    • @ProjectRE
      @ProjectRE 3 роки тому

      Check out our UA-cam for more info, with time it because less confusing!

    • @F.REEDOM
      @F.REEDOM 2 роки тому

      I like to listen to them more than once

  • @JoseRodriguez-je9vr
    @JoseRodriguez-je9vr 2 роки тому

    Brandon! Come back to the podcast!

  • @lintaocui6282
    @lintaocui6282 4 роки тому +1

    one of the best episode

  • @mr.goalfocusedlifestyle2092
    @mr.goalfocusedlifestyle2092 4 роки тому +1

    I have tried the “rooming” houses in my city with multiple houses. The city has come for my NECK on everyone of the houses!! Like relentlessly trying to shut it down and make me out to be the bad guy. Am I doing something wrong? If someone could help me with this I would appreciate it BIG time. The return on a rooming house is HUGE!!

    • @ProjectRE
      @ProjectRE 3 роки тому

      Definitely need to check zoning!

  • @kennethwill246
    @kennethwill246 4 роки тому +7

    This a cool guy with the Tupac portrait behind him

  • @lopez122795
    @lopez122795 5 років тому +3

    How do i find these properties/deals with equity margins?

    • @ProjectRE
      @ProjectRE 3 роки тому

      Check out HeatonDainard real estate!

  • @Master.blaster1212
    @Master.blaster1212 3 роки тому +1

    As a noob, this guys is blowing my mind... I just trying figure out how to do my first deal. Haha

    • @ProjectRE
      @ProjectRE 3 роки тому +1

      Appreciate that!

  • @elninjaloco
    @elninjaloco 4 роки тому

    Best episode ever!

  • @calvinraab8798
    @calvinraab8798 5 років тому +6

    No excuses now!!

  • @RobWilliams007
    @RobWilliams007 3 роки тому +1

    The picture next to him is scary.

  • @face2much
    @face2much 5 років тому +2

    this guy can play, first team all real estate selection.

  • @juanazavala4551
    @juanazavala4551 3 роки тому +1

    What a guy 😍

  • @ShirleyitsJohn
    @ShirleyitsJohn 3 роки тому +1

    Search "Heaton-Dainard lawsuit", might find something interesting

    • @stevebrown6006
      @stevebrown6006 3 роки тому +1

      Dumb….homeowner owed a ton of money in backed taxes, agreed to sell it to Heaton-dainard so that there wasn’t a foreclosure, regretted the price he sold it for so called an attorney. The attorney looked into it and took advantage of a “grey area” law that in my opinion is BS.

    • @ProjectRE
      @ProjectRE 3 роки тому

      The guy nailed it below.

  • @JeremyLMarquez
    @JeremyLMarquez 2 роки тому

    9:40 talk to mom 1st check...

  • @markstory8619
    @markstory8619 5 років тому +5

    Rooming houses, hmmmm. Very interesting.....

    • @ProjectRE
      @ProjectRE 3 роки тому

      Maximizing rentable square footage!

  • @danielmurray7639
    @danielmurray7639 2 роки тому

    as a licensed contractor: don't annoy your contractors, their pricing will go up for headache

    • @ProjectRE
      @ProjectRE 2 роки тому

      It’s about good communication! Not annoying them 💪

  • @justinturner93
    @justinturner93 5 років тому +4

    Head home users beware. 0:01

    • @geocyo8835
      @geocyo8835 5 років тому

      headphone? yeah. it is pretty loud.

  • @babycakes8434
    @babycakes8434 4 роки тому +1

    James didn't work for a contractor though. He learned the prices by trial end error renovating properties he bought.

    • @ProjectRE
      @ProjectRE 3 роки тому

      Nothing like he’s lessons to fix processes!

  • @carsonemery1846
    @carsonemery1846 5 років тому +5

    Theres so many wealthy asian students in Seattle that go to udub

    • @ProjectRE
      @ProjectRE 3 роки тому

      Great rental market!

  • @la-gl4uh
    @la-gl4uh 5 років тому +8

    Hello Brandon, when you have a guest on the show, please pipe down (shut up so much). You interrupt tooooo much. We really appreciate the fact that you host the show, you pull in the guest, and you make the BP videocast available on UA-cam. Thank you kindly. Now please, let the guest have the floor and please don't interrupt so much. You don't need to give clarifying examples of what the guest has put forth. Please let the guest have the floor. You should have a series of questions ready to go for the guest and not wing it so much. Thank you.

    • @slowrider30
      @slowrider30 5 років тому

      I agree you invite the guests on the podcast and you interrupt lol

  • @bloodcuz6199
    @bloodcuz6199 2 роки тому

    Soon as he said “I’ll explain it to u later”(off camera) I’m off this episode lol

  • @rjthomasindyusa
    @rjthomasindyusa 3 роки тому +1

    I’ve been a contractor for 20 years. I won’t work for investors because there is no money in it.. I won’t do ‘good enough’ work..... and that’s what they expect.

    • @ProjectRE
      @ProjectRE 3 роки тому

      Got to work with who works with your process!

  • @ramram8979
    @ramram8979 5 років тому +1

    Seatle Mist, anyone??

  • @nicholasvarro7382
    @nicholasvarro7382 5 років тому +1

    ZZTop

  • @royholcomb5245
    @royholcomb5245 5 років тому +2

    I keep watching these hoping to get numbers, information, a what I do tomorrow. Don’t get me wrong I enjoy the shows but more usable info and less motivational stories I learn nothing from. I’m out there doing it I’m watching the show I own seven rentals give me more meat please.

    • @ProjectRE
      @ProjectRE 3 роки тому

      It’s all about the math!

  • @danielmurray7639
    @danielmurray7639 2 роки тому

    I have always liked david.... but i completely disagree with his attitude against contractors

  • @lukemiller1385
    @lukemiller1385 4 роки тому +1

    So between Brandon Turner and James Dainard, western Washington is now overpriced lol

  • @calvinknowsbest2880
    @calvinknowsbest2880 5 років тому +4

    First!

  • @Shawk95
    @Shawk95 5 років тому +7

    Has James Dainard been involved in any litigation? The reason I ask is because RE investing is prone to disputes. Trump as a developer has been involved in thousands of lawsuits. Perhaps its a NY thing or its just Trump's quirky personality?

    • @jRising
      @jRising 5 років тому

      You realize this entire podcast is certain around real estate right?

    • @Shawk95
      @Shawk95 5 років тому +9

      @@jRising I am a regular viewer and member of BiggerPockets. Have you realized that hardly any guest in this show talks about his experience(s) with lawsuits? Litigation is an occupational hazard of real estate business but most guests only talk about their phenomenal success. The interviewers should inquire about the guest's mistakes and disasters as well as litigation(s) if any. This would be greatly helpful for the newbies.

    • @gibransaliba8801
      @gibransaliba8801 5 років тому

      Remember me? I'm from Hustler's kung fu. How are you? You still on Glendon's channel?

    • @ProjectRE
      @ProjectRE 3 роки тому

      Unfortunately if you do enough deals…. litigation is part of real estate…

  • @chucktaylor4859
    @chucktaylor4859 5 років тому +2

    1st

  • @RG769
    @RG769 5 років тому +2

    Brandon u need to get all that messy hair it looks really bad