{"id":69854,"date":"2015-01-29T00:01:55","date_gmt":"2015-01-29T07:01:55","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=69854"},"modified":"2023-04-12T06:06:34","modified_gmt":"2023-04-12T12:06:34","slug":"2015-01-29-bp-podcast-107making-47000-deal-jonathan-makovsky","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-01-29-bp-podcast-107making-47000-deal-jonathan-makovsky","title":{"rendered":"Making $47,000 On Your First Deal with Jonathan Makovsky"},"content":{"rendered":"<p>Many new investors lose money on their first, second, and third deal. There is a steep learning curve when trying to invest in real estate and, while the loss is painful, it&#8217;s very common. However, not for today&#8217;s guest. Today we sit down with <strong>Jonathan Makovsky<\/strong>, a new investor from the tri-state area who had incredible success right out of the gate!<\/p>\n<p>If you are a new investor trying to find the right way to get started or if you&#8217;ve been investing for years but want to improve your game &#8211; don&#8217;t miss this impressive interview with Jonathan!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp107-jonathan-makovsky-podcast-transcript-making-money-on-your-first-deal\" target=\"_blank\">Click here<\/a> to read the transcript.<\/p>\n<h2>Listen 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=BIGPOC7635241544&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>Sponsor<\/h2>\n<p>We just wa<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-66280\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2014\/11\/RealtyShares.png\" alt=\"RealtyShares\" width=\"283\" height=\"60\" title=\"\">nted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> RealtyShares<\/strong>. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.RealtyShares.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">RealtyShares.com\/biggerpockets<\/a>!<\/p>\n<h2>In This Show We Cover:<\/h2>\n<ul>\n<li>How Jonathan <strong>got started<\/strong> with a push from mom<br \/>\n<strong><a href=\"https:\/\/www.biggerpockets.com\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-41804\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/04\/BiggerPockets-Podcast-Cover-300-300.jpeg\" alt=\"BiggerPockets-Podcast-Cover 300 300\" width=\"150\" height=\"150\" title=\"\"><\/a><\/strong><\/li>\n<li>Tips on <strong>taking advice<\/strong>\u00a0to best push your business forward<\/li>\n<li>Exactly\u00a0<strong>how many houses<\/strong> Jonathan looked\u00a0at per day in search of a deal<\/li>\n<li>The benefits of having a <strong>real estate license<\/strong><\/li>\n<li>The lessons to be learned by <strong>failing<\/strong>\u00a0on your\u00a0first deals<\/li>\n<li>How to use\u00a0<strong>direct mail<\/strong> for marketing<\/li>\n<li>The details of Jonathan&#8217;s\u00a0<strong>first property<\/strong>, purchased for $150,000<\/li>\n<li>How to <strong>find\u00a0a partner<\/strong> through BiggerPockets<\/li>\n<li>What exactly &#8220;<strong>racer math<\/strong>&#8221; is<\/li>\n<li>The pros and cons of <strong>letters and postcards<\/strong><\/li>\n<li>Jonathan&#8217;s experiences\u00a0with <strong>office building<\/strong><\/li>\n<li>How to make a <strong>partnership<\/strong> work<\/li>\n<li>Tips on using\u00a0BiggerPockets as a tool\u00a0for <strong>success<\/strong><\/li>\n<li><strong>Plus MUCH more!<\/strong><\/li>\n<\/ul>\n<h2>Links From the Show:<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/pro\" target=\"_blank\">BiggerPockets&#8217; Plus and Pro<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investment-calculator\" target=\"_blank\">BiggerPockets&#8217; Wholesaling Calculator<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/01\/22\/bp-podcast-106-how-to-do-100-deals-without-a-bank-while-raising-unlimited-funds-with-mike-sumsky\/\" target=\"_blank\">BiggerPockets&#8217; Podcast Show 106<\/a><\/li>\n<li><a href=\"\/renewsblog\/2014\/10\/16\/no-money-down-brandon-turner\/\" target=\"_blank\">BiggerPockets&#8217; Podcast Show 92<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/files\/user\/brandonatbp\/file\/7-years-to-7-figure-wealth\" target=\"_blank\">7 Years to 7 Figure Wealth<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\/521-events-and-happenings\" target=\"_blank\">BiggerPocket&#8217;s Events and Happenings<\/a><\/li>\n<li><a href=\"http:\/\/www.forbes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forbes<\/a><\/li>\n<li><a href=\"http:\/\/online.wsj.com\/asia\" target=\"_blank\" rel=\"noopener noreferrer\">The Wall Street Journal<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in the Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2adc6za\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Book on Flipping Houses<\/em><\/a> by\u00a0Mr. J Scott<\/li>\n<li>Brandon Turner\u2019s\u00a0<em><a href=\"https:\/\/get.biggerpockets.com\/nomoneydown\/\" target=\"_blank\">The Book on Investing in Real Estate with No (and Low) Money Down<\/a><\/em><\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2apxMvx\" target=\"_blank\" rel=\"noopener noreferrer\">What Every Real Estate Investor Needs to Know About Cash Flow&#8230; And 36 Other Key Financial Measures<\/a>\u00a0<\/em>by\u00a0Frank Gallinelli<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2amakeW\" target=\"_blank\" rel=\"noopener noreferrer\">How to Win Friends &amp; Influence People<\/a>\u00a0<\/em>by Dale Carnegie<\/li>\n<\/ul>\n<h2>Connect with\u00a0Jonathan<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/JonathanScott\" target=\"_blank\">Jonathan&#8217;s\u00a0BiggerPockets Profile<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Many new investors lose money on their first, second, and third deal. There is a steep learning curve when trying to invest in real estate and, while the loss is [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119282,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-69854","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\/69854","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=69854"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/69854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119282"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=69854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=69854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=69854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}