213: Investing in Real Estate without Being a Landlord with Noah Kagan

If there is one thing you can know for sure by listening to the BiggerPockets Podcast, it’s this: There are a LOT of ways to invest in real estate! That’s why we’re excited to bring you today’s interview with Noah Kagan, who invests in a different way than most of the guests we’ve had on the show. Noah currently runs several very successful internet businesses (SumoMe and AppSumo) and knew he didn’t want to be a landlord; Noah knows his best return is made in his business. Therefore, he devised his investing strategy around NOT being the landlord. Noah is a wealth of information and one of the most motivating humans we’ve ever met. So sit back and enjoy today’s episode with Noah! In This Episode We Cover:Who Noah Kagan is and how he got into real estate investingWhat keeps newbies from buying their first investment propertiesThe ROI of other businesses as compared to real estate investingA discussion on the 1% ruleThoughts on whether a commercial property is a good first investmentWhy you should find experienced real estate investors in your areaTips for growing your capitalHow Noah finances his dealsWhat you should know about asking other people for money or syndicationWhy you should stop apologizing for being successfulHow to grow your networkWhen should you stop learning and start doingThe importance of knowing where do you want to be in 5 yearsWhy you should visualize the destinationAnd SO much more!Links from the ShowBiggerPockets ForumsSumoMeAppSumoBiggerPockets WebinarBiggerPockets Facebook PageRealtySharesPeerStreetWhere’s my money? (Blog Post)Noah’s SpreadsheetBP Podcast 204: Flipping 30+ Deals by Age Twenty-Five with Chris GillBiggerPockets Event ForumsChessBooks Mentioned in this ShowThe Book on Investing with Low or No Money Down by Brandon TurnerThe Miracle Morning by Hal ElrodThe Obstacle Is the Way by Ryan HolidayThe Ultimate Sales Machine by Chet HolmesConfessions of a Real Estate Entrepreneur by James RandelTweetable Topics:“It took me 10 years to actually be ready, not financially but mentally, to make that decision, to make that purchase.” (Tweet This!)“The best deals happen off-market.” (Tweet This!)“I think the trait of a successful person is resourcefulness.” (Tweet This!)“If you want to find someone else to help you, you have to help someone else.” (Tweet This!)Connect with NoahNoah’s BiggerPockets ProfileNoah’s WebsiteNoah Kagan’s Present PodcastNoah’s Keynote Speech at Fincon 2016