184: From Real Estate Agent to 800+ Deals with Bill Lublin

In today’s humorous episode of the BiggerPockets Podcast, you’ll meet Bill Lublin, a real estate expert who has invested in over 800 deals while also building the largest real estate agency in his state! You’ll learn how Bill got his start in real estate sales, why he was a terrible agent, and the one thing that changed everything. You’ll also hear how Bill has been able to do over 800 investment deals (from single family homes to multifamily to motels to development and more), his management philosophy, and why he thinks investors probably should NOT get their real estate license.
In This Episode We Cover:

Who Bill is

How Bill got into real estate by accident

Why work ethic is important

Tips for employing hundreds of agents

Why some agents don’t buy their own properties

What you should know about a wraparound mortgage

How he learned to do creative financing

How many deals he has done so far (hint: 800 to 1,000)

His favorite type of deal

How to time your investing (despite the recession)

The 4 big things that will give you value-add on a property

Sage advice for investing for the long haul

How his business and partnership works

What the “elephant approach” is

And SO much more!

Links from the Show

Podcast Movement

BiggerPockets Webinar

BiggerPockets Forums

Books Mentioned in this Show

The Book on No or Low Money Down by Brandon Turner

List More, Sell More by Jerry Bresser

The E-Myth Revisited by Michael E. Gerber

Tweetable Topics:

“You make a living by selling real estate.” (Tweet This!)

“Anybody who has a periodic payment is paying somebody else’s mortgage.” (Tweet This!)

“I haven’t met anybody who owned a property for 10 years who didn’t make money on it.” (Tweet This!)

“You make a profit in the property when you buy it, not when you sell it.” (Tweet This!)

“You don’t recognize a loss until you sell something.” (Tweet This!)

“The hard part is not doing deals, but finding deals.” (Tweet This!)

Connect with Bill

Bill’s BiggerPockets Profile

Bill’s Website

Bill’s Company Website

Bill’s Twitter Account

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

In today’s humorous episode of the BiggerPockets Podcast, you’ll meet Bill Lublin, a real estate expert who has invested in over 800 deals while also building the largest real estate agency in his state! You’ll learn how Bill got his start in real estate sales, why he was a terrible agent, and the one thing that changed everything. You’ll also hear how Bill has been able to do over 800 investment deals (from single family homes to multifamily to motels to development and more), his management philosophy, and why he thinks investors probably should NOT get their real estate license.

In This Episode We Cover:

Who Bill is
How Bill got into real estate by accident
Why work ethic is important
Tips for employing hundreds of agents
Why some agents don’t buy their own properties
What you should know about a wraparound mortgage
How he learned to do creative financing
How many deals he has done so far (hint: 800 to 1,000)
His favorite type of deal
How to time your investing (despite the recession)
The 4 big things that will give you value-add on a property
Sage advice for investing for the long haul
How his business and partnership works
What the “elephant approach” is
And SO much more!

Links from the Show

Podcast Movement
BiggerPockets Webinar
BiggerPockets Forums

Books Mentioned in this Show

The Book on No or Low Money Down by Brandon Turner

List More, Sell More by Jerry Bresser

The E-Myth Revisited by Michael E. Gerber

Tweetable Topics:

“You make a living by selling real estate.” (Tweet This!)
“Anybody who has a periodic payment is paying somebody else’s mortgage.” (Tweet This!)
“I haven’t met anybody who owned a property for 10 years who didn’t make money on it.” (Tweet This!)
“You make a profit in the property when you buy it, not when you sell it.” (Tweet This!)
“You don’t recognize a loss until you sell something.” (Tweet This!)
“The hard part is not doing deals, but finding deals.” (Tweet This!)

Connect with Bill

Bill’s BiggerPockets Profile
Bill’s Website
Bill’s Company Website
Bill’s Twitter Account

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