BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn

BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn

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What does true wealth look like? Is it simply money or something more? And how does one achieve that wealth? That’s the topic on today’s episode of The BiggerPockets Podcast, where we sit down with David Osborn, a highly successful real estate investor, agent, and New York Times Bestselling author from Austin, TX. This show is PACKED with incredible, life-changing knowledge, advice, and wisdom from someone who truly walks his talk. David covers everything from buying your first property, the exact “pass/fail” metrics he uses to evaluate potential deals, the importance of work/life balance, and SO much more! This is one episode you’ll want to listen to again and again!

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This Show Sponsored By

We just waRealtySharesnted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!

Learn more by visiting RealtyShares.com/biggerpockets!

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In This Episode We Cover:

  • A little about David’s background
  • How being lazy can actually work
  • His rental portfolio
  • How he’s managed to build his portfolio easily
  • His advice to those who are still starting out
  • The importance of hanging out with winners
  • The three main things that he focuses on his life
  • How he learns best
  • The story behind “wealth can’t wait
  • A conversation on the definition of wealth
  • What can be improved in the current curriculum
  • How to know when enough is enough
  • How to gain momentum in real estate
  • David’s goals for the next 20 years
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “It’s all about opportunity in life. So you won’t be ready for the opportunity unless you’re prepared.” (Tweet This!)
  • “If you want to be a winner, you’ve got to hangout with winners.” (Tweet This!)
  • “Wealth is not just really about money. It’s about an entire way of living. It’s a state of mind.” (Tweet This!)
  • “The biggest risks in life is not taking risks.” (Tweet This!)

Connect with David

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