On today’s episode of the BiggerPockets Podcast, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, HOLD: How to Find, Buy, and Rent Houses for Wealth), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it!
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We just wa
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In This Episode We Cover:
Who Linda is and how she started investing with huge debt- The size of her portfolio
- Why she dropped out of college to become an entrepreneur
- How she bought property without money or good credit
- A look at financing back in the ’80s
- How to recession-proof your life
- A discussion on speculation vs. investing
- How every market is different
- What her freedom number is
- How to get deals by helping others build wealth
- Partnerships and whether newbies should seek them out
- Why freedom means having options
- The importance of taking the next step and avoiding analysis paralysis
- Linda’s formula for finding good deals
- How to figure out the best criteria for you
- What keeps her continuing to invest despite reaching her goals
- Tips for forming a team
- And SO much more!
Links from the Show
Books Mentioned in this Show
- HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader
- Brandon Turner’s The Book on Investing with No or Low Money Down
- Rich Dad Poor Dad by Robert Kiyosaki
- Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
- The ONE Thing by Gary Keller and Jay Papasan
- Building Wealth One House at a Time by John Schaub
- The Millionaire Real Estate Investor by Gary Keller
- The Book on Rental Property Investing by Brandon Turner
Tweetable Topics:
- “If you do the right activities, the money shows up.” (Tweet This!)
- “The more money you make, the more options you have and the more good things you can do.” (Tweet This!)
Connect with Linda
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15 Comments
I really enjoyed this podcast with Linda. What resonated with me is that I had an easy time relating to Linda’s story (I live in North Texas as well). Thanks for sharing.
Cool discussion here. I read Hold about a month ago – I really enjoyed the book.
Buying in CA is a huge deterrent. Finding and depending on a ‘key’ person to help me buy out of state is intimidating. How would one go about finding the ‘person’ to help them buy out of state?
The music is a bit much. It’s difficult to hear the speakers while the music overpowers them. I’d rather get down to the details and not listen to this fluff music.
Great podcast!
Awesome episode!
Center the audio rather that splitting.
Yeah the Audio was really bad on the left speaker, almost couldn’t hear.
I really enjoyed this podcast! Looking forward to reading Linda’s and Brandon & Heather’s books!
The quote is ” Good is the enemy of Great” Brandon.
Fantastic podcast, thanks everyone!
Great episode! Loved hearing your criteria among other things. I’m a budding investor in Dallas with one rental property currently. Hoping to achieve a level of success like yours one day, Linda! Just ordered your book too.
Great Podcast.
Great! Very inspirational and grounded in solid principals. Thanks!
Good stuff! i really enjoyed this! just ordered the book
Linda! I’d love to watch your webinars and the videos you make for your employees, I wish u could work for you! As soon as I can take some time off of work I’m getting my real estate license. What a great interview, I hope I can find a nurturing company like yours I can work in to learn learn learn!