174: Lessons Learned From 2,000+ Transactions Over 44 Years with Dave Short

Around BiggerPockets, we often encourage newer investors to sit down with an experienced real estate investor to “pick their brain” and soak up their wisdom. Today on the BiggerPockets Podcast, we want to do just that. Dave Short began investing in real estate nearly half a century ago and has an incredible level of insight into the ups and downs of building wealth through real estate. We cover everything from overcoming failure to flipping a hundred houses in four years and much more! In This Episode We Cover:How he got started in real estate from a factory job 44 years agoThe grave need for property management and liquidating their businessThoughts on going through investing with over a million dollars in debtTips for making partners instead of having bank relationshipsHow help from the outside opened his eyesWhy you should stay in the game despite failuresThe importance of working with the right peopleHow many transactions he has done over his real estate careerHow he flips a houseWho’s on his teamHow to hook a spouse on investing in real estateHow he buys his dealsHow to get a good transaction as a wholesalerMaking a deal by solving other people’s problemsHow to show yourself to be legit as a wholesalerWhy you should find a veteran investor in your marketWhat “pre-habbing” a house isAnd SO much more!Links from the ShowBiggerPockets JobsGoogle PlayTim Ferris’ PodcastBP Podcast Show 91: Getting Started as a Real Estate Wholesaler with Ben GriseBiggerPockets Keyword AlertsBiggerPockets MeetBiggerPockets Analysis ToolsBiggerPockets ForumsBooks Mentioned in this ShowThe 4-Hour Workweek by Timothy FerrissThe Book on Rental Property Investing by Brandon TurnerThe ONE Thing by Gary Keller and Jay PapasanThe Millionaire Real Estate Investor by Gary KellerBurst This! by Frank McKinneyUnlimited Power by Anthony RobbinsAwaken the Giant Within by Tony RobbinsTweetable Topics:“The management is the key to success, and real estate is just the vehicle.” (Tweet This!)“In buying and selling real estate, every house has 2 to 4 solutions.” (Tweet This!)“The beauty in staying in the real estate business for 44 years is if you’re in a slump for 4 years, that’s only 10% of your career.” (Tweet This!)“If you can’t ask the right questions, then you’ll never get to the solution.” (Tweet This!)“I never look at them as competition. They’re people we work together with, and we can all make a living.” (Tweet This!)Connect with DaveDave’s BiggerPockets Profile