{"id":71049,"date":"2015-03-12T00:01:16","date_gmt":"2015-03-12T06:01:16","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=71049"},"modified":"2023-04-12T06:16:22","modified_gmt":"2023-04-12T12:16:22","slug":"2015-03-12-bp-podcast-113-becoming-millionaire-real-estate-investor-using-one-thing-with-jay-papasan","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-03-12-bp-podcast-113-becoming-millionaire-real-estate-investor-using-one-thing-with-jay-papasan","title":{"rendered":"Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan"},"content":{"rendered":"<p>Today on the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a> we\u2019re excited to bring you another fantastic interview by one of the most successful real estate authors in America.<\/p>\n<p>Jay Papasan is best known to this audience as the co-author of <em>The Millionaire Real Estate Investor<\/em> (co-written with Gary Keller) which has been our top-recommended real estate book here from BiggerPockets Podcast guests. He also co-authored <em>The Millionaire Real Estate Agent<\/em> and collaborated on the best selling book <em>FLIP<\/em> and <em>HOLD<\/em>. Most recently, Jay is the co-author of <em>The One Thing<\/em>, which Brandon recently featured as the number one book on his <a href=\"\/renewsblog\/2014\/12\/24\/best-business-books-2014\/\" target=\"_blank\">list of the business books<\/a> that changed his life in 2014.<\/p>\n<p>Jay is also a savvy real estate investor, and he shares his incredible story and strategy with us today!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp113-jay-papasan-podcast-transcript-becoming-a-millionaire-real-estate-investor\" 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=BIGPOC4952833548&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan | BP Podcast 113\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/G7a_5654tpI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/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>This Show Sponsored By<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-70871 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/ls_logo.png\" alt=\"ls_logo\" width=\"350\" height=\"74\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/ls_logo.png 350w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/ls_logo-300x63.png 300w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/>We just wanted to give a shout out to our podcast sponsor\u00a0on today\u2019s show: <strong>LandlordStation<\/strong>.\u00a0LandlordStation provides online tools to small and midsize property managers or landlords throughout the US.<\/p>\n<p>Learn more by visiting:\u00a0<a href=\"http:\/\/www.landlordstation.com\/\" target=\"_blank\" rel=\"noopener\">LandlordStation.com<\/a> and enter\u00a0the coupon code <em>biggerpockets<\/em><\/p>\n<h2>In This Episode We Cover:<\/h2>\n<p><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><\/p>\n<ul>\n<li>How Jay\u00a0got started <strong>writing real estate books<\/strong><\/li>\n<li>Why <strong>real estate agents<\/strong> don\u2019t invest themselves<\/li>\n<li>How to\u00a0adopt an <strong>investor mindset<\/strong><\/li>\n<li>The<strong> habits<\/strong> real estate investors hold<\/li>\n<li>How to <strong>do\u00a0the math<\/strong> when looking at properties<\/li>\n<li>Insight into\u00a0<strong><em>The Millionaire Real Estate Investor<\/em><\/strong><\/li>\n<li>Clever\u00a0methods for\u00a0<strong>finding deals<\/strong><\/li>\n<li>What you should know about &#8220;<strong>The Domino Effect<\/strong>&#8220;<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show:<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/tshirt\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets T-shirt<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investment-calculator\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Tools for Analysis<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/01\/15\/bp-podcast-105minimum-wage-full-time-flipper-ophelia-nicholson\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast Show 105 with Ophelia Nicholson<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/nomoney\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPocket\u2019s The Book on Investing in Real Estate with No (and Low) Money Down<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><em><a href=\"http:\/\/amzn.to\/2a4jukS\" target=\"_blank\" rel=\"noopener noreferrer\">The Millionaire Real Estate Investor<\/a><\/em>\u00a0by Gary Keller<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2adeNRA\" target=\"_blank\" rel=\"noopener noreferrer\">The Millionaire Real Estate Agent: It&#8217;s Not About the Money&#8230;It&#8217;s About Being the Best You Can Be!<\/a><\/em>\u00a0by Gary Keller<\/li>\n<li><a href=\"http:\/\/amzn.to\/2anbMAY\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Book on Flipping Houses<\/em><\/a> by Mr. J Scott<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2a8XVzA\" target=\"_blank\" rel=\"noopener noreferrer\">The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results<\/a>\u00a0<\/em>by Gary Keller<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2anbSIX\" target=\"_blank\" rel=\"noopener noreferrer\">Good to Great: Why Some Companies Make the Leap&#8230;And Others Don&#8217;t<\/a><\/em> by\u00a0Jim Collins<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2ai6KVX\" target=\"_blank\" rel=\"noopener noreferrer\">The Millionaire Next Door<\/a><\/em> by\u00a0Thomas J. Stanley<\/li>\n<li><a href=\"http:\/\/amzn.to\/2aEcvP7\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich<\/em><\/a> by\u00a0David Bach<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2apB8hY\" target=\"_blank\" rel=\"noopener noreferrer\">Body for Life: 12 Weeks to Mental and Physical Strength<\/a>\u00a0<\/em>by\u00a0Bill Phillips<\/li>\n<li><a href=\"http:\/\/amzn.to\/2adfoTd\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Go For the Goal<\/em><\/a> by\u00a0Mia Hamm<\/li>\n<li><a href=\"http:\/\/amzn.to\/2apBBRu\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Habits &#8211; The Daily Success Habits of Wealthy Individuals<\/em><\/a> by\u00a0Thomas C. Corley<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2a9oIeb\" target=\"_blank\" rel=\"noopener noreferrer\">Rich Dad Poor Dad<\/a><\/em> by\u00a0Robert T. Kiyosaki<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/29X2JU7\" target=\"_blank\" rel=\"noopener noreferrer\">The 4-Hour Workweek<\/a><\/em> by\u00a0Timothy Ferriss<\/li>\n<li><a href=\"http:\/\/amzn.to\/2anczC1\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Lean Startup<\/em><\/a> by\u00a0Eric Ries<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2apBgxZ\" target=\"_blank\" rel=\"noopener noreferrer\">The Richest Man in Babylon<\/a>\u00a0<\/em>by\u00a0George S. Clason<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a9uZ9H\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad&#8217;s CASHFLOW Quadrant<\/em><\/a> by\u00a0Robert T. Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2adeZ2X\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Managing Oneself<\/em><\/a>\u00a0by\u00a0Peter Ferdinand Drucker<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;Start looking at the world as an opportunity.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Start%20looking%20at%20the%20world%20as%20an%20opportunity%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Every house is a surprise.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Every%20house%20is%20a%20surprise%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;I\u2019d always rather miss 5 or 6 good ones rather than buy one bad one.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22I%E2%80%99d%20always%20rather%20miss%205%20or%206%20good%20ones%20rather%20than%20buy%20one%20bad%20one.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;I\u2019d rather have fewer roofs to manage but have more net worth and cash flow over time.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22I%E2%80%99d%20rather%20have%20fewer%20roofs%20to%20manage%20but%20have%20more%20net%20worth%20and%20cash%20flow%20over%20time.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Achievers have a clear sense of priority.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Achievers%20work%20from%20a%20sense%20that%20they%20have%20a%20clear%20sense%20of%20priority.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Action is how you make progress in life.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Action%20is%20how%20you%20make%20progress%20in%20life.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;If I just teach him one thing, where do I begin that has the most impactful way for me to line up my life?&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22If%20I%20just%20teach%20him%20one%20thing,%20where%20do%20%20I%20begin%20that%20has%20the%20most%20impactful%20way%20for%20me%20to%20line%20up%20my%20life.%22%20%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;You figure out what your focus should be and act that way all the time.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22You%20figure%20out%20what%20your%20focus%20should%20be%20and%20act%20that%20way%20all%20the%20time.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;The best way to learn something is to teach it.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22The%20best%20way%20to%20learn%20something%20is%20to%20teach%20it.%22%20Podcast%20113%20%40biggerpockets%20http:\/\/bit.ly\/18zodW1\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Quotable Cards<\/h2>\n<p>For you to share on your Facebook, Pinterest, or Twitter &#8212; or just hang \u2018em on your wall!<\/p>\n<p><a href=\"\/renewsblog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-Card-1_thumb.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-71114\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-Card-1_thumb.jpg\" alt=\"Jay Papasan Quote Card 1_thumb\" width=\"300\" height=\"300\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-Card-1_thumb.jpg 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-Card-1_thumb-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><a href=\"\/renewsblog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-2_thumb.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-71115\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-2_thumb.jpg\" alt=\"Jay Papasan 2_thumb\" width=\"300\" height=\"300\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-2_thumb.jpg 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-2_thumb-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><a href=\"\/renewsblog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-3_thumb.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-71116\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-3_thumb.jpg\" alt=\"Jay Papasan Quote 3_thumb\" width=\"300\" height=\"300\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-3_thumb.jpg 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/03\/Jay-Papasan-Quote-3_thumb-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<h2>Connect with\u00a0Jay<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.the1thing.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Jay&#8217;s\u00a0Website<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Today on the BiggerPockets Podcast we\u2019re excited to bring you another fantastic interview by one of the most successful real estate authors in America. Jay Papasan is best known to [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-71049","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\/71049","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=71049"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/71049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119270"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=71049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=71049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=71049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}