{"id":85336,"date":"2017-01-19T00:01:10","date_gmt":"2017-01-19T07:01:10","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=85336"},"modified":"2023-04-14T01:37:33","modified_gmt":"2023-04-14T07:37:33","slug":"bp-podcast-210-first-deal-changed-my-life-with-sunny-sunmarie-sam","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/bp-podcast-210-first-deal-changed-my-life-with-sunny-sunmarie-sam","title":{"rendered":"\u201cMy First Deal Changed My Life!\u201d A Newbie Show with Sunny, SunMarie, and Sam"},"content":{"rendered":"<p>Can a single real estate deal change your life? Definitely! That\u2019s the topic on today\u2019s \u201cnewbie episode\u201d of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>, where we sit down for several interviews with real estate investors who have just purchased their first deal. In the first interview, you\u2019ll hear how <strong>Sunny and SunMarie Burns<\/strong> used a fantastic \u201chouse hack\u201d to invest in an extremely high-priced area. In the second interview, you\u2019ll hear how <strong>Sam Valme<\/strong> was able to house-hack his home into a vacation rental that throws off massive cash flow each month. These stories are incredibly inspiring and full of tips that can help new AND experienced investors achieve more in their business!<\/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=BIGPOC5001871175&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"\u201cMy First Deal Changed My Life!\u201d A Newbie Show with Sunny, SunMarie, and Sam | BP Podcast 210\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/TFaGdvJ-4WY?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-77567 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/03\/simplisafe.png\" alt=\"simplisafe\" width=\"271\" height=\"58\" title=\"\">Check out <strong>SimpliSafe<\/strong> Security&#8217;s DIY home security systems; an affordable, wireless, cellular, and customizable system that doesn&#8217;t require a contract!<\/p>\n<p>Try it today with a discount:\u00a0<a href=\"https:\/\/simplisafepockets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">simplisafepockets.com<\/a><\/p>\n<h2>Famous Four Sponsor<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-78561 \" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/06\/MACK-INV-logo_Overview.png\" alt=\"MACK-INV-logo_Overview\" width=\"126\" height=\"143\" title=\"\">A huge thanks as well to our Fire Round sponsor <strong>MACK<\/strong>.<\/p>\n<p>MACK Investments is the nation\u2019s longest tenured turnkey operator with over 38 years of\u00a0combined experience, with its fully vertically integrated operation in the US\u2019s most diverse\u00a0economy, Chicagoland. With over 2000+ homes under management, we serve over 300+\u00a0investors across 11 different countries. Homes are priced below 200 thousand and will generate\u00a0a guaranteed CAP averaging 9% that can be leveraged to achieve returns in excess of 20%.<\/p>\n<p><span style=\"line-height: 1.5;\">Learn more by visiting\u00a0<a href=\"https:\/\/mackinvestments.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">MACKinvestments.com<\/a><\/span><span style=\"line-height: 1.5;\">.<\/span><\/p>\n<h2>In This Episode We Cover:<\/h2>\n<p><em><strong>Sunny and SunMarie&#8217;s Segment:<\/strong><\/em><\/p>\n<ul>\n<li>How Sunny got <strong>hooked<\/strong> to the podcast<\/li>\n<li>Why you should consider buying a <strong>fourplex<\/strong> as a first property<\/li>\n<li>How to <strong>find\u00a0<\/strong>these deals<\/li>\n<li>Thoughts on the <strong>competitiveness<\/strong> of the real estate market<\/li>\n<li>How to use<strong> house hacking<\/strong> to earn\u00a0extra cash<\/li>\n<li>Why you should always look out\u00a0for <strong>holding costs<\/strong><\/li>\n<li>How real estate <strong>helped<\/strong> Sunny and his\u00a0family<\/li>\n<\/ul>\n<p><em><strong>Sam&#8217;s Segment:<\/strong><\/em><\/p>\n<ul>\n<li>How his mom unknowingly gave him a ticket to <strong>real estate investing<\/strong><\/li>\n<li>How he turned\u00a0the basement into a <strong>rental unit<\/strong><\/li>\n<li>Tips for making\u00a0the <strong>financing<\/strong> work on a\u00a0deal like this<\/li>\n<li>Why he used an <strong>FHA 203K<\/strong> for financing<\/li>\n<li>The benefits of using\u00a0<strong>Airbnb<\/strong>\u00a0to rent your property<\/li>\n<li>How to <strong>price<\/strong>\u00a0Airbnb rentals the right way<\/li>\n<li>How to use\u00a0<strong>electronic locks<\/strong> and automate the process<\/li>\n<li>His <strong>worst tenant<\/strong> experience ever<\/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\/blogs\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Member&#8217;s Blogs<\/a><\/li>\n<li><a href=\"https:\/\/www.wellsfargo.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">WellsFargo<\/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:\/\/www.schlage.com\/en\/home.html\" target=\"_blank\" rel=\"noopener noreferrer\">Schlage Door Locks<\/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\/analysis\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Analysis<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/ubg\" target=\"_blank\" rel=\"noopener noreferrer\">Ultimate Beginner&#8217;s Guide to Real Estate Investing<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2iGYsIt\" target=\"_blank\" rel=\"noopener noreferrer\"><i>Rich Dad Poor Dad<\/i><\/a> by Robert T. Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2iGNtPx\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The ABCs of Real Estate Investing<\/em><\/a> by Ken McElroy<\/li>\n<li><a href=\"http:\/\/amzn.to\/2j8jiVo\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Millionaire Real Estate Investor<\/em><\/a> by Gary Keller<\/li>\n<li><a href=\"http:\/\/amzn.to\/2idBhKK\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The E-Myth Revisited<\/em><\/a> by Michael E. Gerber<\/li>\n<li><a href=\"http:\/\/amzn.to\/2jY95rB\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Outwitting the Devil<\/em><\/a> by Napoleon Hill<\/li>\n<li><a href=\"http:\/\/amzn.to\/2iGO2sp\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The ONE Thing<\/em><\/a> by Gary Keller and Jay Papasan<\/li>\n<li><a href=\"https:\/\/get.biggerpockets.com\/rentalbook\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Book on Managing Rental Properties<\/em><\/a> by Brandon and Heather Turner<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;House hack and get your tenants to pay your rent, mortgage, and taxes.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22House%20hack%20and%20get%20your%20tenants%20to%20pay%20your%20rent,%20mortgage,%20and%20taxes.%22%20BP%20Podcast%20210%20biggerpockets.com\/show210%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Hard work just isn&#8217;t enough. You need to figure out the why.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Hard%20work%20just%20isn&#039;t%20enough.%20You%20need%20to%20figure%20out%20the%20why.%22%20BP%20Podcast%20210%20biggerpockets.com\/show210%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Imagine your perfect day and then, work backwards from there.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Imagine%20your%20perfect%20day%20and%20then,%20work%20backwards%20from%20there.%22%20BP%20Podcast%20210%20biggerpockets.com\/show210%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;It&#8217;s better to fail 50 times trying to figure out what you want to do than to sit back for an entire year thinking about it.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22It&#039;s%20better%20to%20fail%2050%20times%20trying%20to%20figure%20out%20what%20you%20want%20to%20do%20than%20to%20sit%20back%20for%20an%20entire%20year%20thinking%20about%20it.%22%20BP%20Podcast210\" target=\"_blank\" rel=\"noopener\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Sunny<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/superskbman\" target=\"_blank\" rel=\"noopener noreferrer\">Sunny&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/www.famvestor.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sunny&#8217;s Website<\/a><\/li>\n<\/ul>\n<h2>Connect with Sam<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/SamV411\" target=\"_blank\" rel=\"noopener noreferrer\">Sam&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"https:\/\/www.facebook.com\/sam.valme.5\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook Profile<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/SamV_411\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter Profile<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/samv411\/\" target=\"_blank\" rel=\"noopener noreferrer\">Instagram<\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/in\/samvalmejr\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn<\/a><\/li>\n<li><a href=\"http:\/\/www.customerresultspropertymanagement.com\" target=\"_blank\" rel=\"noopener noreferrer\">Customer Results Property Management<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Show 210 Preview: Back-to-back Newbie Show!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/x0yAYc6OG7s?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>Can a single real estate deal change your life? Definitely! That\u2019s the topic on today\u2019s \u201cnewbie episode\u201d of the BiggerPockets Podcast, where we sit down for several interviews with real [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-85336","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\/85336","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=85336"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/85336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118626"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=85336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=85336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=85336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}