{"id":54729,"date":"2014-02-27T00:05:02","date_gmt":"2014-02-27T07:05:02","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=54729"},"modified":"2023-04-11T04:46:52","modified_gmt":"2023-04-11T10:46:52","slug":"2014-02-27-bp-podcast-059-investing-niches-paul-tschetter","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2014-02-27-bp-podcast-059-investing-niches-paul-tschetter","title":{"rendered":"Mastering Multiple Real Estate Investing Niches and Getting Started with Paul Tschetter"},"content":{"rendered":"<p><em>The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through and make a purchase.<\/em><\/p>\n<p>Most of the guests we&#8217;ve had on the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a> have specialized in one niche of real estate.<\/p>\n<p>However, not all real estate investors focus on just one field.<\/p>\n<p>Today we want to shake things up a bit and introduce you to a relatively new investor who took 10 years to get his first deal&#8230; but has been on fire ever since engaging in numerous different real estate niches and crushing it in his business. <strong>Paul Tschetter<\/strong>, an investor from Washington State, shares his diversified real estate strategies and explains how we went from nothing to over a dozen deals in the past several years. From manufactured homes to vacation rentals, commercial, and more- there are an unbelievable amount of great actionable tips in today&#8217;s show. Definitely don&#8217;t miss a second of this motivation and insightful conversation!<\/p>\n<h2>Listen to The Show on iTunes<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC7560962388\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In This Show, We Cover:<\/h2>\n<ul>\n<li><strong>Getting started<\/strong> by <strong>working a job<\/strong> in real estate\u00a0<a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-42908\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/05\/BiggerPockets-Podcast-_-Real-Estate-Investing-and-Wealth-Building-9.42.11-AM-150x150.jpg\" alt=\"BiggerPockets Podcast _ Real Estate Investing and Wealth Building 9.42.11 AM\" width=\"150\" height=\"150\" title=\"\"><\/a><\/li>\n<li>Why Paul started investing with a <strong>free manufactured home<\/strong><\/li>\n<li>How much Paul pays for <strong>handymen<\/strong><\/li>\n<li>How to get <strong>infinite returns<\/strong> with your investments<\/li>\n<li>Using <strong>Hard Money<\/strong> to invest in real estate<\/li>\n<li>Working with <strong>partners<\/strong> to invest<\/li>\n<li><strong>Attracting<\/strong> private <strong>money<\/strong><\/li>\n<li>Working with <strong>multiple exit strategies<\/strong> to minimize risk<\/li>\n<li>How to invest when you <strong>live in a big area<\/strong><\/li>\n<li>Paul&#8217;s <strong>vacation rental<\/strong> on &#8220;Useless Bay&#8221;<\/li>\n<li>Tips for getting your first deal<\/li>\n<li>The\u00a0<strong>worst financial advice<\/strong> Paul has ever heard<\/li>\n<li>And a lot more!<\/li>\n<\/ul>\n<h2>\u00a0Links from the Show<\/h2>\n<ul>\n<li><a title=\"How I Found, Analyzed, and Bought an Ugly Purple Rental Property\" href=\"\/renewsblog\/2013\/11\/28\/analyze-rental-property\/\" target=\"_blank\">How I Found, Analyzed, and Bought an Ugly Purple Rental Property<\/a> by Brandon Turner<a title=\"How I Found, Analyzed, and Bought an Ugly Purple Rental Property\" href=\"\/renewsblog\/2013\/11\/28\/analyze-rental-property\/\" target=\"_blank\"><br \/>\n<\/a><\/li>\n<li><a href=\"http:\/\/Redfin.com\" target=\"_blank\" rel=\"noopener\">Redfin.com<\/a><\/li>\n<li><a style=\"line-height: 1.5em;\" href=\"http:\/\/www.tkqlhce.com\/click-8537200-12640803\" target=\"_blank\" rel=\"noopener\">VRBO<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in the Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2a5QYOe\" target=\"_blank\" rel=\"noopener noreferrer\">The ABCs of Real Estate<\/a> by Ken McElroy<\/li>\n<li><a href=\"http:\/\/amzn.to\/2aDDSGw\" target=\"_blank\" rel=\"noopener noreferrer\">Think and Grow Rich<\/a> by\u00a0Napoleon Hill<\/li>\n<\/ul>\n<h2>Tweetable Topics<\/h2>\n<blockquote><p>&#8220;As an investor, you need to be extremely disciplined.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22As%20an%20investor,%20you%20need%20to%20be%20extremely%20disciplined.%22%20@BiggerPockets%20Podcast%20059%20http:\/\/bit.ly\/1hi8ZFD\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;Different locations are good for different investment strategies.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Different%20locations%20are%20good%20for%20different%20investment%20strategies.%22%20@BiggerPockets%20Podcast%20059%20%23RealEstate%20http:\/\/bit.ly\/1hi8ZFD\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;At some point &#8211; you have to just pull the trigger and just jump in and do it.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22At%20some%20point%20-%20you%20have%20to%20just%20pull%20the%20trigger%20and%20just%20jump%20in%20and%20do%20it.%22%20@BiggerPockets%20Podcast%20059%20%20http:\/\/bit.ly\/1hi8ZF\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Paul<\/h2>\n<ul>\n<li>Paul&#8217;s <a href=\"https:\/\/www.biggerpockets.com\/users\/rptschetter\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Profile<\/a><\/li>\n<li>\u00a0Paul&#8217;s Website <a href=\"http:\/\/www.KingdomEG.com\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.KingdomEG.com<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-54729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/54729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=54729"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/54729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119621"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=54729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=54729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=54729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}