{"id":87551,"date":"2017-04-06T00:02:01","date_gmt":"2017-04-06T06:02:01","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=87551"},"modified":"2023-04-14T01:20:04","modified_gmt":"2023-04-14T07:20:04","slug":"bp-podcast-221buy-hold-real-estate-what-works-doesnt-tim-shiner","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/bp-podcast-221buy-hold-real-estate-what-works-doesnt-tim-shiner","title":{"rendered":"Buy and Hold Real Estate\u2014What Works and What Doesn\u2019t with Tim Shiner"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A lot of people want to invest in rental properties, but a lot of people also fail when they jump in. Why? That\u2019s the topic on today\u2019s episode of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>, where we sit down with <strong>Tim Shiner<\/strong> to learn his story of going from zero to over 150 units and the lessons he picked up\u00a0along the way. You\u2019ll hear\u00a0some incredible strategies for getting unicorn deals when there are multiple offers, the #1 most important characteristic Tim looks for when buying a property, and why he focuses primarily on \u201chigher end\u201d rental houses. You\u2019ll love all the humor, wisdom, and knowledge Tim brings to the show, so sit down, relax, and be prepared to learn! <\/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=BIGPOC2040514080&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Buy and Hold Real Estate\u2014What Works and What Doesn\u2019t with Tim Shiner | BP Podcast 221\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/Wo5qCMEDUZY?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=\"http:\/\/simplisafepockets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">simplisafepockets.com<\/a><\/p>\n<h2>Fire Round\u00a0Sponsor<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-78185 size-full\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/05\/Wunder-Capital.png\" alt=\"Wunder Capital\" width=\"158\" height=\"44\" title=\"\">I\u2019m sure many of you have seen explosive growth in residential solar installations.\u00a0Similar to residential, small and medium sized businesses want to go solar. However, financing for commercial solar isn\u2019t available to businesses unless they have investment grade credit.<\/p>\n<p>Today\u2019s sponsor, Wunder Capital, is helping to solve that problem by financing solar for SMBs.\u00a0Learn how you can begin earning up to 11% returns at <a href=\"http:\/\/wundercapital.com\/bp\" target=\"_blank\" rel=\"noopener noreferrer\">wundercapital.com\/bp<\/a>.<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>How he got started buying <strong>quality real estate<\/strong><\/li>\n<li>What makes his <strong>location<\/strong> special<\/li>\n<li>Why he doesn&#8217;t have a <strong>real estate license<\/strong><\/li>\n<li>The importance of looking at the &#8220;horizon&#8221; and the <strong>end goal<\/strong><\/li>\n<li>A discussion on <strong>diversification<\/strong> on investments<\/li>\n<li>The story of the &#8220;<strong>big white card board<\/strong>&#8220;<\/li>\n<li>Why you should <strong>focus\u00a0<\/strong>on what you are better at<\/li>\n<li>Tips for finding <strong>mentors<\/strong><\/li>\n<li>The details on his <strong>140 deals<\/strong><\/li>\n<li>Insight into the debate on <strong>high-end vs. low-end properties<\/strong><\/li>\n<li>Why he loves <strong>appreciation<\/strong><\/li>\n<li>Tips for <strong>partnering<\/strong> with your\u00a0significant other<\/li>\n<li>A discussion on <strong>buying your kid<\/strong> a property<\/li>\n<li>How he<strong> finds deals<\/strong><\/li>\n<li>Why you should set a goal, achieve it, and <strong>reward yourself<\/strong><\/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\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/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\/guest\" target=\"_blank\" rel=\"noopener noreferrer\">Be a Guest to the Show<\/a><\/li>\n<li><a href=\"https:\/\/www.mixcloud.com\/discover\/the-school-of-life\/\" target=\"_blank\" rel=\"noopener noreferrer\">School of Life Podcast<\/a><\/li>\n<li><a href=\"https:\/\/www.control4.com\/solutions\/products\/control4-app\" target=\"_blank\" rel=\"noopener noreferrer\">Control<\/a><\/li>\n<li><a href=\"https:\/\/get.uber.com\" target=\"_blank\" rel=\"noopener noreferrer\">Uber<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2oJj478\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Elon Musk<\/em><\/a> by Ashlee Vance<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2oJgqhU\" target=\"_blank\" rel=\"noopener noreferrer\">Rich Dad Poor Dad<\/a>\u00a0<\/em>by Robert Kiyosaki<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2nEVp6n\" target=\"_blank\" rel=\"noopener noreferrer\">Rich Dad&#8217;s CASHFLOW Quadrant<\/a>\u00a0<\/em>by Robert Kiyosaki<\/li>\n<li><em><a title=\"10X Rule Difference Between Success\" href=\"http:\/\/amzn.to\/2oJyNDx\" target=\"_blank\" rel=\"noopener noreferrer\">The 10X Rule<\/a><\/em>\u00a0by Grant Cardone<\/li>\n<li><a href=\"http:\/\/amzn.to\/2nYBWiz\" target=\"_blank\" rel=\"noopener noreferrer\"><em>50 Things They Didn&#8217;t Teach You in School<\/em><\/a> by Tim Shiner<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;Nobody cares as much about your investments as much as you do.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Nobody%20cares%20as%20much%20about%20your%20investments%20as%20much%20as%20you%20do.%22%20BP%20Podcast%20221%20%40biggerpockets%20biggerpockets.com\/show221\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;The goal is to get as many checks coming in the mail as possibly as you can.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22The%20goal%20is%20to%20get%20as%20many%20checks%20coming%20in%20the%20mail%20as%20possibly%20as%20you%20can.%22%20BP%20Podcast%20221%20%40biggerpockets%20biggerpockets.com\/show221\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;If you have a strong enough &#8216;why&#8217; while you\u00a0invest, that will plow your way.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22If%20you%20have%20a%20strong%20enough%20&#039;why&#039;%20while%20you%20invest,%20that%20will%20plow%20your%20way.%22%20BP%20Podcast%20221%20%40biggerpockets%20biggerpockets.com\/show221\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Set a goal, achieve it, and reward yourself.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Set%20a%20goal,%20achieve%20it,%20and%20reward%20yourself.%22%20BP%20Podcast%20221%20%40biggerpockets%20biggerpockets.com\/show221\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Tim<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/TimS164\" target=\"_blank\" rel=\"noopener noreferrer\">Tim&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/www.timshiner.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tim&#8217;s Company Profile<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Show 221 Preview: Buy properties that appreciate!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/m8_ixsYGy6Y?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>A lot of people want to invest in rental properties, but a lot of people also fail when they jump in. Why? That\u2019s the topic on today\u2019s episode of the [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-87551","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\/87551","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=87551"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/87551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118331"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=87551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=87551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=87551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}