{"id":71689,"date":"2015-04-02T00:01:16","date_gmt":"2015-04-02T06:01:16","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=71689"},"modified":"2023-04-12T06:18:50","modified_gmt":"2023-04-12T12:18:50","slug":"2015-04-02-bp-podcast-116-how-to-quit-job-through-wholesaling-flipping-taking-action-with-nasar-elarabi","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-04-02-bp-podcast-116-how-to-quit-job-through-wholesaling-flipping-taking-action-with-nasar-elarabi","title":{"rendered":"How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar Elarabi"},"content":{"rendered":"<p>On this episode of <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">the BiggerPockets Podcast<\/a>, learn what it took for <strong>Nasar Elarabi<\/strong> to quit his dead-end job and become a full time wholesaler, flipper, and landlord. Tune in for discussions\u00a0covering\u00a0how he funds his deals, what makes him a better landlord, and why he&#8217;s\u00a0tried his hand at many avenues of real estate. In this not only informative, but also wildly entertaining episode, Nasar shares his tales of success and the failures that helped him learn &#8212; including the first flip he ever undertook (that turned out to be disastrous).<\/p>\n<p>This show is packed with a heavy dose of motivation and miles of actionable content, so don&#8217;t waste another minute. Just hit &#8220;play!&#8221;<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp116-nasar-elarabi-podcast-transcript-how-to-quit-your-job-through-wholesaling-flipping-action\" 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=BIGPOC2661088862&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><iframe loading=\"lazy\" title=\"How to Quit Your Job Through Wholesaling and Flipping with Nasar Elarabi | BP Podcast 116\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/5pTa7LCYdK8?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><a href=\"http:\/\/www.b2rfinance.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-70089 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/02\/b2rfinance-logo.jpg\" alt=\"b2rfinance-logo\" width=\"271\" height=\"53\" title=\"\"><\/a>We just wanted to give a shout out to our podcast sponsor on today\u2019s show: <strong>B2R Finance<\/strong><br \/>\nA new commercial lender offering loans specifically for rental investors. B2R Finance could help you unlock equity from existing properties so you can get cash out now.<\/p>\n<p>Learn more by visiting: <a href=\"http:\/\/www.b2rfinance.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">B2RFinance.com<\/a><\/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 Nasar\u00a0<strong>got into real estate\u00a0<\/strong><\/li>\n<li>The story of how he <strong>got\u00a0it all wrong<\/strong> with his\u00a0first flip<\/li>\n<li>What he <strong>learned<\/strong> from those mistakes<\/li>\n<li>How he shifted to <strong>buy &amp;\u00a0hold properties<\/strong><\/li>\n<li>What you should know\u00a0about <strong>debt to income<\/strong> ratios<\/li>\n<li>How Nasar <strong>funds<\/strong> his deals<\/li>\n<li>How he became &#8220;<strong>too stupid to quit<\/strong>&#8220;<\/li>\n<li>Why he shifted once again to <strong>wholesaling<\/strong><\/li>\n<li>What makes him a better <strong>landlord<\/strong> now<\/li>\n<li>Interesting information\u00a0on <strong>owner financing<\/strong><\/li>\n<li>How to know when to <strong>quit your job<\/strong><\/li>\n<li>The ins and outs of achieving a\u00a0&#8220;<strong>slam dunk deal<\/strong>&#8220;<\/li>\n<li>The importance of <strong>working<\/strong> with the right people<\/li>\n<li>What exactly <strong>code enforcement leads<\/strong> and <strong>delinquent tax leads<\/strong> are<\/li>\n<li>What makes him <strong>different<\/strong> from other investors<\/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\/forums\/223-biggerpockets-success-stories\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums: Success Stories<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\/93\/topics\/58383-the-truth-about-wholesaling-\" target=\"_blank\" rel=\"noopener noreferrer\">Forum Thread about the Danger of Wholesaling<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/03\/27\/real-estate-wholesaling-illegal\/\" target=\"_blank\" rel=\"noopener noreferrer\">Is Real Estate Wholesaling Illegal?<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/proreplay\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar Replay<\/a><\/li>\n<li><a href=\"\/renewsblog\/2013\/08\/24\/real-estate-agents-working-with-investors\/\" target=\"_blank\" rel=\"noopener noreferrer\">Agent&#8217;s Guide<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investing\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Ultimate Beginner\u2019s Guide to Real Estate Investing<\/a><\/li>\n<li><a href=\"http:\/\/99designs.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">99Designs<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/show100\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast Show 100<\/a><\/li>\n<li><a href=\"https:\/\/facebook.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets&#8217; Facebook<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets&#8217; Twitter<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2aDDSGw\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Think and Grow Rich<\/em><\/a> by\u00a0Napoleon Hill<\/li>\n<li>Brandon Turner\u2019s <em><a href=\"https:\/\/get.biggerpockets.com\/nomoneydown\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Book on Investing in Real Estate with No (and Low) Money Down<\/a><\/em><\/li>\n<li><a href=\"http:\/\/amzn.to\/2a97oXG\" target=\"_blank\" rel=\"noopener noreferrer\"><em>You Can Make It Happen: A Nine Step Plan for Success<\/em><\/a> by\u00a0Stedman Graham<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;Slow down and learn to focus on that one thing that you want.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Slow%20down%20and%20learn%20to%20focus%20on%20that%20one%20thing%20that%20you%20want.%22%20Podcast%20116%20%40biggerpockets%20http:\/\/bit.ly\/1MAXLOy\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Just because you own four houses does not make you a real estate expert.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Just%20because%20you%20own%20four%20houses%20does%20not%20make%20you%20a%20real%20estate%20expert.%22%20Podcast%20116%20%40biggerpockets%20http:\/\/bit.ly\/1MAXLOy\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Sometimes you&#8217;ve got to jump off the roof and get your wings on your way down.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Sometimes%20you%20got%20to%20jump%20off%20the%20roof%20and%20get%20your%20wings%20on%20your%20way%20down.%22%20Podcast%20116%20%40biggerpockets%20http:\/\/bit.ly\/1MAXLOy\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;You\u2019re going to learn more doing it than reading a book.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22You%E2%80%99re%20going%20to%20learn%20more%20than%20doing%20it%20than%20reading%20a%20book.%22%20Podcast%20116%20%40biggerpockets%20http:\/\/bit.ly\/1MAXLOy\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Nasar<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/wholeinvestor\" target=\"_blank\" rel=\"noopener noreferrer\">Nasar&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/user\/realestatedoru\" target=\"_blank\" rel=\"noopener noreferrer\">Nasar&#8217;s Youtube<\/a><\/li>\n<li><a href=\"https:\/\/www.facebook.com\/realestatedoru\" target=\"_blank\" rel=\"noopener noreferrer\">Nasar&#8217;s Facebook<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/realestatedoru\" target=\"_blank\" rel=\"noopener noreferrer\">Nasar&#8217;s Twitter<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On this episode of the BiggerPockets Podcast, learn what it took for Nasar Elarabi to quit his dead-end job and become a full time wholesaler, flipper, and landlord. Tune in [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119264,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-71689","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\/71689","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=71689"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/71689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119264"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=71689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=71689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=71689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}