{"id":54892,"date":"2014-03-06T00:04:02","date_gmt":"2014-03-06T07:04:02","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=54892"},"modified":"2023-04-11T04:47:56","modified_gmt":"2023-04-11T10:47:56","slug":"2014-03-06-bp-podcast-060-serge-shukhat","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2014-03-06-bp-podcast-060-serge-shukhat","title":{"rendered":"From 0 to 68 Rental Units in Just Four Years with Serge Shukhat"},"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>Today we are pumped to bring you one of the most exciting conversations yet on the <a href=\"http:\/\/www.BiggerPockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a> when we sit down with <strong>Serge Shukhat<\/strong>, a real estate investor from the Arizona area who is absolutely crushing it in real estate. Serge started with no rental properties just four years ago but has quickly built up a sizable portfolio with a mix of both single family and multifamily properties using creative finance methods and using the cash flow to quit his job.<\/p>\n<p>On this show we cover everything from getting started, choosing single family versus multifamily, tricks for dealing with tenants, increasing the value of your properties, and a ton more. This is definitely \u00a0a show you&#8217;ll want to take some notes, so get ready to have your mind blown!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp60-serge-shukhat-podcast-transcript-zero-to-sixtyy-rentals-in-four-years\" target=\"_blank\">Click here<\/a> to read the transcript.<\/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=BIGPOC8735650318\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In This Show, We Cover:<\/h2>\n<ul>\n<li>How Serge got started <strong>while working full time<\/strong><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" 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>How an\u00a0<strong>Umbrella Policy<\/strong>\u00a0can reduce your risk<\/li>\n<li>Landlord <strong>responsibilities<\/strong> vs. tenant responsibilities<\/li>\n<li>What kind of <strong>legal entity<\/strong> Serge uses<\/li>\n<li>Overcoming bad deals by &#8220;<strong>Doubling Down&#8221;<\/strong><\/li>\n<li>How a <strong>competitive advantage<\/strong>\u00a0can transform your business<\/li>\n<li>Working with <strong>real estate agents<\/strong> vs. <strong>getting your license<\/strong><\/li>\n<li><span style=\"line-height: 1.5em;\">Serge&#8217;s <\/span><strong style=\"line-height: 1.5em;\">unique apartment<\/strong><span style=\"line-height: 1.5em;\"> that he&#8217;s bought and sold 4 times<\/span><\/li>\n<li>Hiring a <strong>resident manager<\/strong> to help reduce the load<\/li>\n<li>How to increase the value of your property by <strong>hundreds of thousands of dollars<\/strong> (<strong>OMG<\/strong>)<\/li>\n<li>And a lot more!<\/li>\n<\/ul>\n<h2>\u00a0Links from the Show<\/h2>\n<ul>\n<li><a title=\"BP Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren Sager\" href=\"\/renewsblog\/2013\/12\/12\/bp-podcast-048-duplex-managing-tenants-darren-sager\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren Sager<br \/>\n<\/a><\/li>\n<li><a title=\"Newbies Take Note: Why You Shouldn\u2019t Buy Houses for $30,000\" href=\"\/renewsblog\/2014\/02\/25\/why-you-should-not-buy-cheap-houses\/\" target=\"_blank\">Newbies Take Note: Why You Shouldn\u2019t Buy Houses for $30,000<\/a> by Ben Leybovich<a title=\"Newbies Take Note: Why You Shouldn\u2019t Buy Houses for $30,000\" href=\"\/renewsblog\/2014\/02\/25\/why-you-should-not-buy-cheap-houses\/\" target=\"_blank\"><br \/>\n<\/a><\/li>\n<li><a href=\"http:\/\/www.homepath.com\/\" target=\"_blank\" rel=\"noopener\">HomePath.com\/<\/a><\/li>\n<li><a href=\"http:\/\/www.jdoqocy.com\/click-8537200-12733662\" target=\"_blank\" rel=\"noopener\">Buildium.com<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in the Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/29Z0X4Z\" target=\"_blank\" rel=\"noopener noreferrer\">Landlording on Auto-Pilot<\/a> by Mike Butler<\/li>\n<li><a href=\"http:\/\/amzn.to\/2abpbMO\" target=\"_blank\" rel=\"noopener noreferrer\">The Real Book of Real Estate<\/a> by Robert T. Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a7m6d2\" target=\"_blank\" rel=\"noopener noreferrer\">Good to Great<\/a> by Jim Collins<\/li>\n<li><a href=\"http:\/\/amzn.to\/29T6T4d\" target=\"_blank\" rel=\"noopener noreferrer\">The 7 Habits of Highly Effective People<\/a> by Stephen Covey<\/li>\n<\/ul>\n<h2>Tweetable Topics<\/h2>\n<blockquote><p>&#8220;Real estate never works out how you thought it would when you bought it in paper.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Real%20estate%20never%20works%20out%20how%20you%20thought%20it%20would%20when%20you%20bought%20it%20in%20paper.%22%20@BiggerPockets%20Podcast%2060%20http:\/\/bit.ly\/1f9Wnf2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;I don&#8217;t want to work till I&#8217;m 65, sick, or corporate downsized.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22I%20don&#039;t%20want%20to%20work%20till%20I&#039;m%2065,%20sick,%20or%20corporate%20downsized.%22%20@BiggerPockets%20Podcast%2060%20http:\/\/bit.ly\/1f9Wnf2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;My biggest risk was not losing my job- it was not buying enough real estate.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22My%20biggest%20risk%20was%20not%20losing%20my%20job-%20it%20was%20not%20buying%20enough%20%23RealEstate.%22%20@BiggerPockets%20Podcast%20060%20http:\/\/bit.ly\/1f9Wnf2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;You can go broke buying good deals.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22You%20can%20go%20broke%20buying%20good%20deals.%22%20@BiggerPockets%20Podcast%2060%20http:\/\/bit.ly\/1f9Wnf2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;Population, income, and jobs drive real estate.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Population,%20income,%20and%20jobs%20drive%20%23Real%23Estate%20%22%20@BiggerPockets%20Podcast%2060%20http:\/\/bit.ly\/1f9Wnf2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;It doesn&#8217;t matter if the first deal is bad&#8230; at least you learned.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22It%20doesn&#039;t%20matter%20if%20the%20first%20deal%20is%20bad...%20at%20least%20you%20learned.%22%20@BiggerPockets%20Podcast%20060%20http:\/\/bit.ly\/1f9Wnf2%20\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>Take what the market gives you and\u00a0be quick to pivot. (<a href=\"https:\/\/twitter.com\/home?status=%22Take%20what%20the%20market%20gives%20you%20and%20be%20quick%20to%20pivot.%22%20@BiggerPockets%20Podcast%20060%20http:\/\/bit.ly\/1f9Wnf2%20%23LeanStartup%20\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Paul<\/h2>\n<ul>\n<li>Serge&#8217;s\u00a0<a href=\"https:\/\/www.biggerpockets.com\/users\/sfcgee\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Profile<\/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":119619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-54892","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\/54892","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=54892"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/54892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119619"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=54892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=54892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=54892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}