{"id":79384,"date":"2016-08-04T00:02:17","date_gmt":"2016-08-04T06:02:17","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=79384"},"modified":"2023-04-14T02:12:14","modified_gmt":"2023-04-14T08:12:14","slug":"2016-08-04-bp-podcast-186properties-competitive-market-dave-meyer","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2016-08-04-bp-podcast-186properties-competitive-market-dave-meyer","title":{"rendered":"How to Get Your First Few Properties &#8212; Even in a Competitive Market with Dave Meyer"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are a lot of excuses people use for why they don\u2019t invest in real estate. Maybe they work too much. Maybe they don\u2019t have any money. Maybe the market is too hot. But some &#8212; like our guest today &#8212; don\u2019t let those difficulties stop them. Instead, they use creativity to overcome obstacles and build a real estate empire. So today on the <strong><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>,<\/strong> we are excited to introduce you to <strong>Dave Meyer,<\/strong> an investor from the Denver market, who shares his story of <strong>buying eight units using creativity<\/strong>, intelligence, and in incredible level of hustle!<\/span><\/p>\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\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC5554478749&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"How to Get Your First Few Properties \u2014 Even in a Competitive Market with Dave Meyer | BP Podcast 186\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/qHpc80xVNFk?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<\/h2>\n<p><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=\"\">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>Who exactly\u00a0Dave, the <strong>VP of Growth<\/strong> for BiggerPockets, is<\/li>\n<li>How his <strong>silly neighbor<\/strong> unintentionally encouraged\u00a0him to buy a house<\/li>\n<li>Why he chose his <strong>friend<\/strong> as a partner<\/li>\n<li>The details of his <strong>first deal<\/strong><\/li>\n<li>What he <strong>looked for<\/strong> in his first deal<\/li>\n<li>The <strong>numbers<\/strong> on that deal<\/li>\n<li>Would\u00a0it\u00a0still be a great deal without the <strong>appreciation<\/strong> in Denver?<\/li>\n<li>How he <strong>raised his funds<\/strong> for this project<\/li>\n<li>The importance of acting on <strong>opportunities<\/strong>\u00a0now<\/li>\n<li>Who <strong>manages<\/strong> his\u00a0properties?<\/li>\n<li>How a <strong>tenant<\/strong> built a staircase for him<\/li>\n<li>How you can learn the\u00a0market by working <strong>hands-on<\/strong><\/li>\n<li>How Dave bought properties while <strong>waiting tables<\/strong><\/li>\n<li>His first experience with <strong>house hacking<\/strong><\/li>\n<li>Tips to keep in mind regarding\u00a0<strong>zoning<\/strong> when finding properties<\/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:\/\/twitter.com\/jrdorkin\" target=\"_blank\" rel=\"noopener noreferrer\">Josh&#8217;s Twitter Account<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/brandonatbp\" target=\"_blank\" rel=\"noopener noreferrer\">Brandon&#8217;s Twitter Account<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/webinar?main_track_only=true\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"http:\/\/abc.go.com\/shows\/dancing-with-the-stars\" target=\"_blank\" rel=\"noopener noreferrer\">Dancing with the Stars<\/a><\/li>\n<li><a href=\"https:\/\/www.ted.com\/talks\/simon_sinek_how_great_leaders_inspire_action?language=en\" target=\"_blank\" rel=\"noopener noreferrer\">How Great Leaders Inspire Action by Simon Sinek<\/a> (TED Talk)<\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"https:\/\/get.biggerpockets.com\/nomoneydown\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i>The Book on No or Low Money Down <\/i><\/a>by Brandon Turner<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/ultimatebeginnersguide.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Ultimate Beginners Guide to Real Estate Investing <\/em><\/a>by BiggerPockets<\/li>\n<li><a href=\"http:\/\/amzn.to\/2avaCDx\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Start with Why<\/em><\/a> by Simon Sinek<\/li>\n<li><a href=\"http:\/\/amzn.to\/2aSNj6d\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Leaders Eat Last<\/em><\/a> by Simon Sinek<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;If you have an opportunity, you\u2019re a fool to ignore it. Find a way to do it.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Where%20rents%20are%20highest%20and%20acquisition%20of%20capital%20is%20lowest,%20that%E2%80%99s%20where%20we%20focus.%22%20biggerpockets.com\/show185%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;You learn a tremendous amount if you do hands on things such as screening the tenants, doing the open houses. You learn the market and what people want.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22There%20are%20ways%20to%20lose%20money%20on%20flips%20even%20if%20you%20make%20money%20-%20because%20opportunity%20cost%20is%20a%20big%20factor%20on%20that.%22%20biggerpockets.com\/show185\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Find the deal and figure out how to get the money to make it happen.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22Don%E2%80%99t%20be%20enticed%20completely%20by%20the%20flip%20side%20of%20things.%20Look%20long%20term.%22%20biggerpockets.com\/show185%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Once you start owning, it feels weird to start paying someone else to live in their house.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Once%20you%20start%20owning,%20it%20feels%20weird%20to%20start%20paying%20someone%20else%20to%20live%20in%20their%20house.%22%20%40biggerpockets%20biggerpockets.com\/show186\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Dave<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/DaveM27\" target=\"_blank\" rel=\"noopener noreferrer\">Dave&#8217;s\u00a0BiggerPockets Profile<\/a><\/li>\n<\/ul>\n<h2>Brandon&#8217;s Photo<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-79388\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/08\/Cm5NOO2XgAA06SA-225x300.jpg\" alt=\"Cm5NOO2XgAA06SA\" width=\"304\" height=\"406\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/08\/Cm5NOO2XgAA06SA-225x300.jpg 225w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/08\/Cm5NOO2XgAA06SA-768x1024.jpg 768w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/08\/Cm5NOO2XgAA06SA.jpg 900w\" sizes=\"auto, (max-width: 304px) 100vw, 304px\" \/><\/p>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Show 186 Preview: Just get that first deal!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/bwHV_uJt9As?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","protected":false},"excerpt":{"rendered":"<p>There are a lot of excuses people use for why they don\u2019t invest in real estate. Maybe they work too much. Maybe they don\u2019t have any money. Maybe the market [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-79384","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\/79384","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=79384"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/79384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118676"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=79384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=79384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=79384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}