{"id":75862,"date":"2015-11-26T00:02:27","date_gmt":"2015-11-26T07:02:27","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=75862"},"modified":"2023-04-12T06:47:33","modified_gmt":"2023-04-12T12:47:33","slug":"2015-11-26-bp-podcast-150designing-lifestyle-based-real-estate-business-luke-swab","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-11-26-bp-podcast-150designing-lifestyle-based-real-estate-business-luke-swab","title":{"rendered":"Designing a Lifestyle-Based Real Estate Business with Luke Swab"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">For some, the goal of real estate is to make tens of millions of dollars. For others, like today\u2019s guest, it\u2019s a way to finance an incredible life. Today\u2019s guest, <strong>Luke Swab<\/strong>, shares with us his story of <strong>designing his lifestyle through real estate and how you can do the same<\/strong>. Luke\u2019s story will take you from the wild waters of Alaska to a motorcycle trip through Africa to the streets of Michigan real estate and more! Don\u2019t miss this incredible honest, humorous, and informative episode!<\/span><\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp150-luke-swab-podcast-transcript-designing-a-lifestyle-based-real-estate-business\" 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=BIGPOC6857492268&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=\"Designing a Lifestyle-Based Real Estate Business with Luke Swab | BP Podcast 150\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/A_ENvxLHCpU?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>We just wa<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-66280 no-display appear\" 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>Fire Round\u00a0Sponsor<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-74647 size-gallery-block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/08\/freshlogo-214x140.png\" alt=\"freshlogo\" width=\"214\" height=\"140\" title=\"\"><\/h2>\n<p>A huge thanks as well to our Fire Round sponsor FreshBooks.<br \/>\nFreshBooks customers spend less time on paperwork, freeing up <span class=\"tooltips\">2 days per month<\/span> to focus on the work they love. What would you do with that extra time?<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.freshbooks.com\/pages\/biggerpockets?ref=11568&amp;utm_source=bigger-pockets&amp;utm_medium=podcast&amp;utm_campaign=2015\" target=\"_blank\" rel=\"noopener noreferrer\">FreshBooks<\/a>.<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-75873 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BiggerPockets-Podcast-Artwork-150x150.jpg\" alt=\"BiggerPockets Podcast Artwork\" width=\"150\" height=\"150\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BiggerPockets-Podcast-Artwork-150x150.jpg 150w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BiggerPockets-Podcast-Artwork.jpg 300w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/>Where <strong>Luke<\/strong> is from<\/li>\n<li>Details on his\u00a0<strong>main job<\/strong> and career choices<\/li>\n<li>How he transitioned\u00a0from a &#8220;<strong>career mistake<\/strong>&#8221; to real estate<\/li>\n<li>What is a <strong>land contract<\/strong>?<\/li>\n<li>Why get into real estate when you have a <strong>good paying job<\/strong><\/li>\n<li>Thoughts on buying a house to <strong>live in<\/strong><\/li>\n<li>Luke&#8217;s\u00a0second properties and <strong>house hacking<\/strong><\/li>\n<li>A discussion on getting property <strong>through the MLS<\/strong><\/li>\n<li>How he <strong>rehabbed<\/strong> a property<\/li>\n<li>Tips for <strong>treating\u00a0your tenants<\/strong> well<\/li>\n<li>Rental property you should <strong>avoid<\/strong><\/li>\n<li>How to create\u00a0a &#8220;<strong>predictable portfolio<\/strong>&#8220;<\/li>\n<li>What\u00a0his <strong>current<\/strong> portfolio looks like<\/li>\n<li>The importance of not having much <strong>debt<\/strong><\/li>\n<li>How to make sure your <strong>cash flow<\/strong> is there<\/li>\n<li>The\u00a0real estate investing <strong>lifestyle<\/strong><\/li>\n<li>How he <strong>manages<\/strong> his property<\/li>\n<li>What a <strong>low maintenance<\/strong> property entails<\/li>\n<li>Why <strong>BRRRR investing<\/strong> is hard<\/li>\n<li>The worst <strong>mistake<\/strong> he&#8217;s made<\/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.instagram.com\/brandonrturner\/\" target=\"_blank\" rel=\"noopener noreferrer\">Brandon&#8217;s Instagram<\/a><\/li>\n<li><a href=\"https:\/\/www.facebook.com\/BiggerPockets\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Facebook<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/biggerpockets\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Instagram<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Twitter<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/04\/20\/how-to-100000-dollars-year-real-estate\/\" target=\"_blank\" rel=\"noopener noreferrer\">How to Make $100,000 Per Year with Fixer-Upper Rental Properties<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/proreplay\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar Pro Replay<\/a><\/li>\n<li><a href=\"http:\/\/dockstreetbrokers.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">DockStreetBroker<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/11\/19\/bp-podcast-149-early-retirement-real-estate-bubbles-and-dangerous-scams-with-radio-tv-star-clark-howard\/\" target=\"_blank\" rel=\"noopener noreferrer\">Early Retirement, Real Estate Bubbles, and Dangerous Scams with Radio\/TV Star Clark Howard!<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/jobs\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Jobs<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li>Brandon&#8217;s New Book (coming really soon!)<\/li>\n<li><a href=\"http:\/\/amzn.to\/2awF01n\" target=\"_blank\" rel=\"noopener noreferrer\"><em>How an Economy Grows and Why It Crashes<\/em><\/a> by\u00a0Peter D. Schiff<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;People need to decide what\u2019s important to them, time, money, relationships, whatever and go from there.\u201d\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22People%20need%20to%20decide%20what%E2%80%99s%20important%20to%20them,%20time,%20money,%20relationships,%20whatever%20and%20go%20from%20there.%E2%80%9D%20%40BiggerPockets%20Show%20150\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;I can learn anything, so I can learn how to do that as well.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22I%20can%20learn%20anything,%20so%20I%20can%20learn%20how%20to%20do%20that%20as%20well.%22%20%40BiggerPockets%20Show%20150\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<li>&#8220;If you\u2019ve done a deal, people will look differently than if you\u2019ve never done a deal.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22If%20you%E2%80%99ve%20done%20a%20deal,%20people%20will%20look%20differently%20than%20if%20you%E2%80%99ve%20never%20done%20a%20deal.%22%20%40BiggerPockets%20Show%20150\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Luke<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/lukeswab\" target=\"_blank\" rel=\"noopener noreferrer\">Luke&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/instagram.com\/lukeswab\" target=\"_blank\" rel=\"noopener noreferrer\">Luke&#8217;s Instagram\u00a0<\/a><\/li>\n<\/ul>\n<h2>Luke&#8217;s Boat<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-75872 size-large\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BP_-1024x683.jpg\" alt=\"Luke&#039;s Fishing Boat\" width=\"702\" height=\"468\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BP_-1024x683.jpg 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/11\/BP_-300x200.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For some, the goal of real estate is to make tens of millions of dollars. For others, like today\u2019s guest, it\u2019s a way to finance an incredible life. Today\u2019s guest, [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-75862","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\/75862","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=75862"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/75862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119028"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=75862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=75862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=75862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}