87: How to Thrive After The Collapse of a Real Estate Empire with Nathan Brooks
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Failure is no stranger in the real estate industry which is why we are excited to bring Nathan Brooks to The BiggerPockets Podcast today, an investor who knows firsthand that real estate can be tough! Nathan is an investor (both flips and rentals) from Kansas who went through a very difficult period during the real estate crash, losing all his properties and filing bankruptcy due to a shady partner and jumping in too quickly. Nathan has since emerged as a much stronger real estate investor and carries an incredible story with numerous lessons to share. Get ready to learn how failure can transform your life! In This Show We Cover:How Nathan found his first business partner at lunchWhy Nathan bought two houses as a newbie – and lived to regret itHow to find partners through BiggerPocketsThe opposite of paralysis by analysisHow Nathan ended up filing bankruptcy Nathan’s current (more conservative) investing strategyDealing with tenants in a $20k propertyHow to make a unit stand out among the competitionDealing with “Cat Ladies” and “Hoarder Houses“How Nathan finds dealsFinding mentors and lenders on Craigslist?How to find a real estate-minded attorney And so much more!Books Mentioned in the ShowThe Millionaire Real Estate Investor by Gary KellerThe Unofficial Guide to Real Estate Investing by Spencer Strauss and Martin StoneThe Four Hour Workweek by Timothy FerrissUnlimited Power : The New Science Of Personal Achievement by Anthony RobbinsTweetable TopicsDon’t go into business with someone you don’t know. It’s just stupid. (Tweet This!)The lessons I’ve learned have made me a better investor today. (Tweet This!)There’s a deal for everyone, but this deal might not be for you. (Tweet This!)The job of a Real Estate Investor is to solve problems. (Tweet This!)Know the answers before asking the questions. (Tweet This!)Connect with NathanNathan’s BiggerPockets ProfileNathan’s Company WebsiteNathan’s BiggerPockets Blog Posts