{"id":88573,"date":"2017-05-11T00:02:06","date_gmt":"2017-05-11T06:02:06","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=88573"},"modified":"2023-04-14T01:09:42","modified_gmt":"2023-04-14T07:09:42","slug":"biggerpockets-podcast-226-from-d-student-400000-annual-cash-flow-david-osborn","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/biggerpockets-podcast-226-from-d-student-400000-annual-cash-flow-david-osborn","title":{"rendered":"From \u201cD-Student\u201d to $400,000 in Annual Rental Property Cash Flow with David Osborn"},"content":{"rendered":"<p>What does true wealth look like? Is it simply money or something more? And how does one achieve that wealth? That\u2019s the topic on today\u2019s episode of <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">The BiggerPockets Podcast<\/a>, where we sit down with <strong>David Osborn<\/strong>, a highly successful real estate investor, agent, and New York Times Bestselling author from Austin, TX. This show is PACKED with incredible, life-changing knowledge, advice, and wisdom from someone who truly walks his talk. David covers everything from buying your first property, the exact \u201cpass\/fail\u201d metrics he uses to evaluate potential deals, the importance of work\/life balance, and SO much more! This is one episode you\u2019ll want to listen to again and again!<\/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=BIGPOC6735074411&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"From \u201cD-Student\u201d to $400,000 in Annual Cash Flow with David Osborn | BP Podcast 226\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/EzSImlwJj-8?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=\"https:\/\/www.realtyshares.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">RealtyShares.com\/biggerpockets<\/a>!<\/p>\n<h2>Fire Round\u00a0Sponsor<\/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>In This Episode We Cover:<\/h2>\n<ul>\n<li>A little about <strong>David&#8217;s\u00a0background<\/strong><\/li>\n<li>How <strong>being lazy<\/strong> can actually\u00a0work<\/li>\n<li>His rental <strong>portfolio<\/strong><\/li>\n<li>How\u00a0he&#8217;s managed to <strong>build<\/strong> his portfolio easily<\/li>\n<li>His advice to those who are still <strong>starting out<\/strong><\/li>\n<li>The importance of hanging out with <strong>winners<\/strong><\/li>\n<li>The three <strong>main things<\/strong> that he focuses on his life<\/li>\n<li>How he <strong>learns<\/strong> best<\/li>\n<li>The story behind \u201c<strong>wealth can\u2019t wait<\/strong>\u201d<\/li>\n<li>A conversation on the\u00a0definition of <strong>wealth<\/strong><\/li>\n<li>What can be improved in the current<strong> curriculum<\/strong><\/li>\n<li>How to know when <strong>enough is enough<\/strong><\/li>\n<li>How to gain <strong>momentum<\/strong> in real estate<\/li>\n<li>David&#8217;s\u00a0<strong>goals<\/strong> for the next 20 years<\/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.instagram.com\/biggerpockets\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Instagram Account<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/jrdorkin\/\" target=\"_blank\" rel=\"noopener noreferrer\">Josh&#8217;s Instagram\u00a0Account<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/beardybrandon\/\" target=\"_blank\" rel=\"noopener noreferrer\">Brandon&#8217;s Instagram\u00a0Account<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/02\/05\/bp-podcast-108owning-350-million-real-estate-10x-rule-grant-cardone\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone<\/a><\/li>\n<li><a href=\"https:\/\/www.carletonsheets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Carleton Sheets<\/a><\/li>\n<li><a href=\"\/renewsblog\/2016\/04\/07\/bp-podcast-169hustle-persistence-build-wealth-real-estate-david-greene\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene<\/a><\/li>\n<li><a href=\"\/renewsblog\/bp-podcast-190building-multiple-passive-streams-income-pat-hiban\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban<\/a><\/li>\n<li><a href=\"http:\/\/www.gobundance.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Gobundance<\/a><\/li>\n<li><a href=\"https:\/\/www.khanacademy.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Khan Academy<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><i><a href=\"https:\/\/www.biggerpockets.com\/setforlife\" target=\"_blank\" rel=\"noopener noreferrer\">Set for Life<\/a>\u00a0<\/i>by Scott Trench<\/li>\n<li><a href=\"https:\/\/www.amazon.com\/gp\/product\/1626344191?ie=UTF8&amp;tag=biggerpocke0a-20&amp;camp=1789&amp;linkCode=xm2&amp;creativeASIN=1626344191\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Wealth Can&#8217;t Wait<\/em><\/a> by David Osborn<\/li>\n<li><a href=\"http:\/\/amzn.to\/2r0MfmE\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad&#8217;s CASHFLOW Quadrant<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2r2vXui\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Real Estate Riches<\/em><\/a> by\u00a0Dolf de Roos<\/li>\n<li><a href=\"http:\/\/amzn.to\/2pliFMf\" target=\"_blank\" rel=\"noopener noreferrer\">Secrets of Power Negotiating<\/a> by Roger Dawson<\/li>\n<li><a href=\"http:\/\/amzn.to\/2r0wfAX\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The ONE Thing<\/em> <\/a>by Gary Keller and Jay Papasan<\/li>\n<li><a href=\"http:\/\/amzn.to\/2q3NioJ\" target=\"_blank\" rel=\"noopener noreferrer\"><em>As a Man Thinketh<\/em><\/a> by James Allen<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;It\u2019s all about opportunity in life. So you won\u2019t be ready for the opportunity unless you\u2019re prepared.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22It%E2%80%99s%20all%20about%20opportunity%20in%20life.%20So%20you%20won%E2%80%99t%20be%20ready%20for%20the%20opportunity%20unless%20you%E2%80%99re%20prepared.%22%20biggerpockets.com\/show226%20\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;If you want to be a winner, you&#8217;ve got to hangout with winners.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22If%20you%20want%20to%20be%20a%20winner,%20you&#039;ve%20got%20to%20hangout%20with%20winners.%22%20biggerpockets.com\/show226%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Wealth is not just really about money. It\u2019s about an entire way of living. It\u2019s a state of mind.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Wealth%20is%20not%20just%20really%20about%20money.%20It%E2%80%99s%20about%20an%20entire%20way%20of%20living.%20It%E2%80%99s%20a%20state%20of%20mind.%22%20biggerpockets.com\/show226%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;The biggest risks in life is not taking risks.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22The%20biggest%20risks%20in%20life%20is%20not%20taking%20risks.%22%20biggerpockets.com\/show226%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0David<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.davidosborn.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">David&#8217;s Personal Website<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Show 226 Preview: What is wealth...\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/Ld5aGry80MY?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>What does true wealth look like? Is it simply money or something more? And how does one achieve that wealth? That\u2019s the topic on today\u2019s episode of The BiggerPockets Podcast, [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-88573","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\/88573","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=88573"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/88573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118315"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=88573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=88573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=88573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}