"Bite-Sized Steps" to Go from Broke to $20,000/Month with Bryce Stewart | BiggerPockets Podcast 442

  Рет қаралды 257,590

BiggerPockets

BiggerPockets

Күн бұрын

Пікірлер: 388
@The11biancoj
@The11biancoj 8 ай бұрын
I really enjoy Bryce’s breakdown and humbleness/humility that so many of us feel the same way about. This episode really grabbed my attention, great lessons
@richardbieniek2206
@richardbieniek2206 3 жыл бұрын
This was my middle school science teacher! Great to see his growth!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Richard! What's up? Are you still in the WWRE ecosystem?
@elyl78
@elyl78 3 жыл бұрын
@@brycestewart4240 on the additional insured thing... Is that just for their general insurance based on that address of mine they're working on?
@richardbieniek2206
@richardbieniek2206 3 жыл бұрын
@@brycestewart4240 Hey! I'm working full time in commercial real estate at CBRE now and running my own rentals/short term management business. Let's connect!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
@@elyl78 Soooo.....my attorney tells me to say that "I've heard but cannot confirm that...you should check with your agent, AND You should be listed as additional insured by the contractor's insurer. OR, they should sign a workers comp waiver form if they aren't carrying their own insurance. That way, it's not like they are your under-the-table de facto employee, who should have been covered by worker's compensation insurance before entering your worksite." No guarantees, consult your own attorney, etc.
@homodeus8713
@homodeus8713 3 жыл бұрын
He looks young.
@lukedlv615
@lukedlv615 3 жыл бұрын
Bryce is hands down my favorite guest on this podcast. I shared his first episode with a teacher I know. Bryce’s story inspired this teacher to begin his trek into REI. Thanks for being so transparent, Bryce!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Cool! See you on BP!!!
@LG-yp7ot
@LG-yp7ot 3 жыл бұрын
@@brycestewart4240 ur story’s awesome man
@LoveVirgo
@LoveVirgo 3 жыл бұрын
yeah, i just fell for him. periodt.
@jimmysantana1142
@jimmysantana1142 3 жыл бұрын
I agree, he is my favorite guest.
@karmenjane1257
@karmenjane1257 3 жыл бұрын
I'm on the brink of an emotional breakdown because I feel like I'm at a crossroads in my life. This video is just what I needed.
@foxlinker1636
@foxlinker1636 3 жыл бұрын
me too!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Breathe deeply. Do what is free and low-risk first. Shop home insurance rates. If you own a home, see if you can refinance. Start looking for things that put more money in your pocket every month but don't add chores.
@ArburnAve
@ArburnAve 3 жыл бұрын
Hang in there 💜
@andresalvarezsuarez1564
@andresalvarezsuarez1564 3 жыл бұрын
Persistence. Put your DAMN foot on the gas pedal and KEEP GOING mama!! YOU GOT THIS!!!!!!!!!
@CarmenO
@CarmenO 3 жыл бұрын
Same! But we got this! It's a sign for us to jump to our futures!
@1NikkiTate
@1NikkiTate 3 жыл бұрын
I remember Bryce from the first interview. The truck analogy did stick out at the time! He's clearly a teacher at heart. What inspires me the most is that he is so successful but possesses charming humility and maintains a strong moral compass.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@ozdoits
@ozdoits 3 жыл бұрын
YES, teach me Real Estate like I'm a sixth grader! More like this please!
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@powmanmoto
@powmanmoto 3 жыл бұрын
27:28 Blank agreement of sale...one of my new tasks...I love the analogy on vacuuming your truck.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E
@neocollective
@neocollective 2 жыл бұрын
Love this guy ! no wonder he used to be a teacher, he's so good at explaining things and keeping your attention locked without draining your energy. This must be my favorite episode.
@chrisg4261
@chrisg4261 Жыл бұрын
One of my favorite episodes to date! Why, he's as plain Jim as they come...it's just real.
@maimaivaj91
@maimaivaj91 3 жыл бұрын
You can tell he was a teacher and he's great at teaching the step by step. Love this! Great podcast! :)
@traceyvalle6405
@traceyvalle6405 3 жыл бұрын
Yes! Breaking it all the way down. So great!
@Mustach_Mike10
@Mustach_Mike10 3 жыл бұрын
I was just thinking that myself so true
@traceyvalle6405
@traceyvalle6405 3 жыл бұрын
He also justified how I’ve 🐌 snail invested one tiny step at a time. I’m guilty of feeling accomplished that I located a document and left it in the printer 🖨 😂. Glad it’s not just me!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks for engaging! If you're going to sacrifice your time listening to words coming out of my mouth, I hope I can deliver at least some value. For the record, robust disagreement/alternate paths to a successful outcome are also welcomed!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
@@traceyvalle6405 Some days, that's all you can manage - right? Tomorrow, fill in the "name" and "address" sections.
@jeremyhuston1
@jeremyhuston1 2 жыл бұрын
Bryce is Gold!! What he says to do to get started is just what I needed. He's a great teacher. I've done training. It's about breaking what you want down, into little understandable steps along the way. It helps to build confidence. That's what Bryce does. When he busted out the guitar, I was sold. What a great person to have as a mentor. Will purchase his book. You can have Bryce on anytime.
@vutomichauke5323
@vutomichauke5323 2 жыл бұрын
He is a teacher at heart. He said so many things that resonated with me and had me thinking about so much
@brycestewart4240
@brycestewart4240 3 жыл бұрын
IN YNAB's defense - it's not $50 per month. It's like $89 PER YEAR!!! It USED TO BE $50 per year. It's gone up. Still WAAAAAy worth it.
@cassandrac4231
@cassandrac4231 3 жыл бұрын
Just downloaded the AOS for California! Going to study the document and go from there. I think watching this Podcast was my "vacuuming my truck" moment. Thanks!
@Sg-bg7xp
@Sg-bg7xp 3 жыл бұрын
Well? Did you get it done?
@Brainjoy01
@Brainjoy01 2 жыл бұрын
Where are you in CA x
@tansmay23
@tansmay23 Жыл бұрын
One of the best podcasts on bigger pockets.
@SterlingWhiteRealEstate
@SterlingWhiteRealEstate 3 жыл бұрын
4th graders will ask for help. But adults seem to "lose" that ability as they get older. Perhaps it's because we've been programmed not to act "dumb" and not to ask "dumb questions". This indeed limits us and prevents real growth in us as investors (or would-be investors).
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@gracesolo2133
@gracesolo2133 3 жыл бұрын
So true, I find that admitting my ignorance of something is often met with a condescending attitude
@taylorbug9
@taylorbug9 2 жыл бұрын
I grew up in a house where I was yelled at if I did an automatically understand things 🥺 I hate asking for help
@WillSmith-zf3wj
@WillSmith-zf3wj Жыл бұрын
This dude Bryce explains concepts very well. Great storytelling as well.
@jamestrebilcock8310
@jamestrebilcock8310 3 жыл бұрын
I 100% relate to this guy. Download and print off a form and be left mentally exhausted for 3 days.
@recheveste31
@recheveste31 3 жыл бұрын
Sold two of my sports cars to own two rental properties. I hope to retire at age 35. that is the dream
@alwayscreatingio
@alwayscreatingio 3 жыл бұрын
This guy is very very good at explaining things lol
@geekaleek
@geekaleek 3 жыл бұрын
love your tutorials man lol
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@cody10437
@cody10437 3 жыл бұрын
@x glad someone beat me to it
@MannyMor7
@MannyMor7 3 жыл бұрын
I agree he dumbed it down soo well 👌🏽
@JazzHagen
@JazzHagen 2 жыл бұрын
Just a scammer.
@jeffreygrullon2962
@jeffreygrullon2962 2 жыл бұрын
When a good teacher explains it it is learned.
@karenbochette207
@karenbochette207 3 жыл бұрын
This podcast was great! Stewart is an amazing teacher. And he teaches concepts that other investors have forgotten they learned! Thank you for this!
@mikeandino2676
@mikeandino2676 3 жыл бұрын
I live right there in the area. I was born and raised in Bethlehem. I can attest to what he is saying about the market being ridiculous. A lot of New Yorkers and New Jersians anre moving in. Rents and property values are skyrocketing. I still love my city and I am looking forward to beginning investing in the next few years. Awesome podcast guys!!
@accrualworld318
@accrualworld318 3 жыл бұрын
I can’t thank the guest for this interview anymore. This was really timely for my life! I am coming upon roadblock after roadblock. What I desire seems so difficult but once I take it one step at a time, take a beat and then pray, I find myself being less overwhelmed.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks for listening. If someone takes time out of their day to listen, I believe they deserve to get some value!
@jatikalmanigault
@jatikalmanigault 3 жыл бұрын
I swear by all that is Holy, I will never, EVER, forget "Worker's Comp Waiver Form"
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Ha! I took a chance - thought "This might be stupid." Then I thought, "yeah, but there are lots of forgettable podcasts. Not mine!"
@kristinmcpherson9186
@kristinmcpherson9186 3 жыл бұрын
Great episode! I went back and listened to Bryce’s first episode and then listened to both again alongside my husband. We’re about to list our first live-in flip and grab a dilapidated triplex to hold. Such an exciting journey (and I’ve been painting the house today so can totally relate to the hustle of juggling everything).
@brycestewart4240
@brycestewart4240 3 жыл бұрын
NICE! When I used to do my own painting, I would listen to Jim Rohn videos. That's gasoline for the tank, baby!
@alsuth803
@alsuth803 3 жыл бұрын
That's great news Kristin. Which city state is this in? Where I live, its very expensive in South Florida
@crazyjloop89
@crazyjloop89 2 жыл бұрын
Great episode. Clear. And foundational
@karimkarachiwalla7073
@karimkarachiwalla7073 9 ай бұрын
5 star interview. So many nuggets. Love it.
@ModemmeX
@ModemmeX 3 жыл бұрын
I haven't moved forward with my investment goals and this is just the video I needed. Now I need to go find an Agreement of Sale....
@LoveVirgo
@LoveVirgo 3 жыл бұрын
THISSSSSSS OMG I thought it was just me and I beat myself up every single day over being STUCK not knowing what to do. This man is describing my current system. This video was my step dayum one.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@lifeforgod07
@lifeforgod07 3 жыл бұрын
This is everyone who starts. This was me 10 months ago when I was first getting started
@Ethernet480
@Ethernet480 3 жыл бұрын
This guy perfectly outlines why almost all business and commerce is not especially complicated just task intensive. Which plays perfectly into the pockets of those who take action.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Mike - right?
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Stupid Me: "I don't know what I'm supposed to do next...so I'm not going to do anything." Smart Me: "There are actually 5 small, free steps you can do Right Now. Their website has 'forms' and FAQ's - did you even read those?" Stupid Me: "No...but it's 8:15 at night - after business hours. I won't be able to get the answer to my questions." Smart Me: "Send an email and leave a voicemail. It will be in their Inbox when they arrive at work tomorrow. Plus, their number will be in your phone, so you won't have to look it up again to call back, tomorrow at 9am while you're driving." Stupid Me: "They're going to think I'm stupid." Smart Me: "So you're stupid. Who cares what they think? You only need a form/directions/appointment/information from them."
@TheDreamMaker100
@TheDreamMaker100 3 жыл бұрын
Thanks Brandon TOP Real estate Investor, David Green and Bigger Pockets for yet another great interview. I really like Bryce, humble and intelligent demeanor. Thanks 🎖🎖🎖
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks! My hope is that everyone could get at least a small piece of usable info. At the same time, I'm open to robust argument and alternate paths toward successful outcomes.
@a.merico7016
@a.merico7016 3 жыл бұрын
I live in Phillipsburg, NJ The Lehigh Valley area is amazing. Always something to do.
@Inexorablejoy
@Inexorablejoy 3 жыл бұрын
This is my favorite episode so far. Thank you guys!!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Jose, thanks! Mine too.
@stillhopeful7048
@stillhopeful7048 2 жыл бұрын
Oh my God, Love Bryce's fundamental explanations! Bryce must have been the best 6th grade teacher ever, Thank you!
@roroguapo3
@roroguapo3 3 жыл бұрын
This is exactly what I needed. It needs to be this dumbed down, it really helps.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@jjohnson2912
@jjohnson2912 3 жыл бұрын
This was super informative! Bryce’s teaching style is awesome and I will definitely utilize these teachings in my REI journey to financial freedom! Thanks BP!!! ❤️
@e2sguy
@e2sguy 3 жыл бұрын
Brice is the man , glad he did another show !
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks! It was fun!
@inndeep7020
@inndeep7020 2 жыл бұрын
This man is so down to earth personable. Great cast.
@harrisonpayne616
@harrisonpayne616 3 жыл бұрын
This is the first podcast I have seen from you guys, and if the others are anything like it, I’ll watch them all at least twice😈
@oak415
@oak415 2 жыл бұрын
By far one of my favorite guests
@arezooaryaee
@arezooaryaee 2 жыл бұрын
What an wonderful podcast! I have ordered the book. Thank you Biggetpockets !!
@Jesse_Ti
@Jesse_Ti 3 жыл бұрын
One of the best interviews I've heard, definitely worth the listen!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Jay 303! The book is worth it, too! House Hacker's Guide to the Galaxy.
@Jesse_Ti
@Jesse_Ti 3 жыл бұрын
@@brycestewart4240 Just finished the book and let me tell you. Your story is beyond inspirational! I've read a few real estate and business books this year yet, none have inspired me to take action. House Hackers Guide to the Galaxy is a Great read!! Can not wait for a part 2. P.S. for part 2 can we get some nerdy number crunching examples.
@blasdelagarza5292
@blasdelagarza5292 3 жыл бұрын
Great interview with Bryce!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks man!
@christineg2933
@christineg2933 3 жыл бұрын
I love how he helps us beginners to really understand how to start. Thank you 🙏🏼
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E
@ThojHmoob97
@ThojHmoob97 3 жыл бұрын
27:30 I NEED THIS GUY AS A MENTOR! I will pay for your time!!
@mhypark
@mhypark 2 жыл бұрын
Bryce the way you speak is definitely like a teacher. Good teachers make everything digestible in bite sized pieces. I'm a teacher myself, and I often find myself frozen in inaction because everything is so different. We're trying to buy our first investment home and I feel like even though we've watched so many BP videos that we barely know what we're doing. It's scary but we're trying.
@homewithmiglad987
@homewithmiglad987 2 жыл бұрын
What a great perspective with the truck vaccuum and the 5 minute tasks. Thank you!
@susanlang2645
@susanlang2645 2 жыл бұрын
I love his humble teaching way of explaining everything and the song makes it all stick. ☀️
@christianlane2307
@christianlane2307 3 жыл бұрын
Really liked the way he explains it in tiny baby steps to get going!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Baby Steps. After a while, like a baby, you can begin running faster.
@Snonklelette
@Snonklelette 3 жыл бұрын
This guy is gold. Great show
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Jillian!
@GrassKings
@GrassKings 2 жыл бұрын
you can tell this guy is a teacher! a great one too! long her explaining! very real person
@TheZeedler
@TheZeedler 3 жыл бұрын
Great distinction between who owns the property and who owns the loan. Needed to hear that! Thank you!!
@successwithstacee9290
@successwithstacee9290 3 жыл бұрын
I love the idea of reading an agreement 10 times. I'm experienced and I'm going to do that. I'm sure I'll learn something.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Nice! Can't hurt. Teachers beginners what they are actually doing/negotiating when they offer.
@jrp6313
@jrp6313 3 жыл бұрын
Sadly... TODAY was the day I needed to hear this!!!
@unlimiteddetailz3789
@unlimiteddetailz3789 3 жыл бұрын
Fantastically Simple! The Best Podcast ever, IMO, regarding taking action in Real Estate Investing. I feel empowered by Bryce's humble vulnerability and "dumbed down" way of explaining how to break down my years of research into manageable, bite sized steps of ACTION.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@brodytrainor7153
@brodytrainor7153 2 жыл бұрын
One of the best BP podcasts out there in my opinion. Such great, practical advice for the little guy. Thank you so much, I feel like I have much more direction to start working on my business
@jenimorrison1112
@jenimorrison1112 3 жыл бұрын
Fantastic gems of knowledge!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Jeni!
@VladArnoldner
@VladArnoldner 3 жыл бұрын
This is one of the BEST interviews on this channel! Thank you!
@ls-eu9ly
@ls-eu9ly 3 жыл бұрын
I love REAL teachers...They humble their own intelligence to transfer knowledge to you. Beautiful! Thank you!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Teachers are heroes! Especially in this environment. I loved many aspects of teaching, and hold only warm feelings toward all of my past colleagues and students. Reminder: IT IS COMPLETELY FREE TO CONTACT YOUR CHILD'S TEACHER AND ENCOURAGE THEM, THANK THEM, SUPPORT THEM. Seriously. Even if you don't like them or are disappointed with their consistency or ability - it still costs nothing to reach out positively; there's only upside.
@mlongoria124
@mlongoria124 3 жыл бұрын
Wow this was an amazing interview. 👏
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Michael! Go take action!
@dariuszmaslowski6590
@dariuszmaslowski6590 3 жыл бұрын
One of the best interviews on the podcast 👌
@kevinwilkins825
@kevinwilkins825 3 жыл бұрын
THIS.....THIS is the way you guys should teach folks about real estate. I love BiggerPockets but you assume too much about folks who are trying to learn what you are trying to teach them. Great podcast.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks, Kevin! You wouldn't believe how many conversations I STILL begin by saying "ok, I'm not very smart - so you're probably going to have to repeat everything twice for me to understand it." My other go-to is "I heard the words you just said...can I clarify out loud, back to you, to make sure I understood?"
@kevinwilkins825
@kevinwilkins825 3 жыл бұрын
@@brycestewart4240 I'm married to a Superhero (a teacher) and she has to dumb things down for me as well. I total appreciate your manor of thinking. Thanks for the reply. It's almost like getting a retweet. :)
@jimmash9353
@jimmash9353 3 жыл бұрын
This is an amazing podcast! Please share whatever your guests think is stupid because that's the questions on everyone's mind! Total good learning experience!
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@kgranston
@kgranston 3 жыл бұрын
One of the better episodes I have seen for Newbies. I think the step by step demonstration went a far way. I think you guys can have a section of the show where you ask a guest to walk (baby steps) us through how they overcame an obstacle just the way how he did it here. Probably can use that instead of the “deal deep dive” just a suggestion
@primetime_21_
@primetime_21_ 3 жыл бұрын
15 minutes in & I’m glad I watched👏🏾👏🏾💯
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks! Go find something small to move your journey forward. Rinse, lather, repeat.
@primetime_21_
@primetime_21_ 3 жыл бұрын
@@brycestewart4240 Yes sir, on the move!
@sharon-reggiecrawford3806
@sharon-reggiecrawford3806 2 жыл бұрын
I want to like this one several times, it's very informative!
@marielagarcia8091
@marielagarcia8091 2 жыл бұрын
The song LOL love it!
@DadBodRun
@DadBodRun 11 ай бұрын
What an awesome show ! Thank you
@moneyrippleswithchrismiles
@moneyrippleswithchrismiles 3 жыл бұрын
Such a good episode. Bryce laid our investing tactics like the teacher he is! So well outlined and easy to understand for new investors.
@agrms
@agrms 3 жыл бұрын
Incredible interview... the song seals the deal. Bryce, how many people do you have working for you now in order to keep all systems running smoothly?
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Andrew - Get ready for a dissertation here: I have a maintenance guy who lives in one of my units, on the same block as 32 of my 38 units, and only 8 blocks from the remaining units - which makes boots-on-the-ground management/maintenance much easier. My wife handles admin stuff, and she has streamlined SO MUCH OF IT that it seriously makes our life a lot easier. I'll give you a couple of examples: 1) DocuSign account - Now I don't print out paper leases anymore, and my tenants can even sign their lease over their phone. We adopted this relatively late in the game - I was still printing, meeting with new tenants, signing, scanning, then emailing them a pdf copy of the signed lease. Paper would sometimes get jammed in scanner, or image would "run", or pages would tilt 2-3 degrees in the doc, annoyingly. Now - time-stamped eSignatures on everything, catalogued online with no need to even use paper. Since lease details differ per property and even per unit within a specific property, it is extremely helpful to have these 'saved' as available templates on DocuSign, so that only a few relevant details (dates, tenant name, price) need to be changed at each turnaround. 2) My wife moved us from mostly Venmo and/or checks for rent collection over to Cozy. My life became instantly better. Chasing down checks, or waiting for them in the mail, is a pain in the butt for a landlord. It's also a pain for tenants, who need a stamp, envelope, pen, checkbook, and a functioning memory every 1st of the month. Although Venmo was 'kinda' convenient, there were big problems: a) Venmo throttles how much you can withdraw at one time, so we were having to do 5-6 consecutive days of Venmo deposits into my bank at the beginning of the month . b) Technically, we weren't even supposed to be using Venmo to collect rent, since we had a personal account and not a business account. c) Even thought you would think the convenience of Venmo would make rent-payment more dependable, I still found that I had to text certain tenants on the 4th of every month and say "Dude, you forgot to send Venmo". d) Now that I hired a bookkeeper, they keep track of tenants through individualized Quickbooks categories. This means my bookkeeper needs to be able to quickly confirm which tenants have paid each month. Unfortunately, when you make a Venmo deposit into my bank account(s), the online bank ledger just reads "Venmo deposit $1000 on 5/2/20" without showing my bookkeeper which tenant was responsible for the payment. This meant that my bookkeeper had to log in to my Venmo account and scroll through my feed to cross-reference who had paid on that date. Cozy does FREE, MONTHLY, RECURRING, BANK-TO-BANK TRANSFERS ON THE 1ST OF EVERY MONTH. Now, on the 1st of the month, I immediately and automatically get all rents from tenants. It auto-withdraws, the same way an ACH student loan payment would. On top of this, it comes into my bank ledger with the tenant's last name included ("Cozy payment, Johnson, $1000") so that my bookkeeper can easily see whose account gets credited.
@agrms
@agrms 3 жыл бұрын
@@brycestewart4240 thanks for your response, and it's honestly astounding to accomplish what you have but all the more so to have done it without a huge team (something that seems inevitable and daunting from my position). Can I use your website to reach out to you via your Contact form? I'd love to talk some more. If you're (understandably) busy, just say the word. And, lastly: I can appreciate the color coordinated books in your office. Take care and stay safe.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
@@agrms Ha!! My wife did that! My dad already made fun of me for it!
@agrms
@agrms 3 жыл бұрын
@@brycestewart4240 she's the admin, right? Organized, analytical. Sounds like my wife. We're lucky to have them!
@Nyny.1000
@Nyny.1000 3 жыл бұрын
@@brycestewart4240 hidden treasure! Thanks
@JakeRichardsong
@JakeRichardsong 3 жыл бұрын
Yes, baby steps ...micro goals for big achievements.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Find one each day, no matter how insanely small it is.
@florencepl4343
@florencepl4343 2 жыл бұрын
Thank you for breaking this down ⭐
@arij1129
@arij1129 3 жыл бұрын
This is also great advice if you are moving to an area with high property taxes. I did this when I moved to my township and got my taxes decreased by $4000
@debbielombard6139
@debbielombard6139 3 жыл бұрын
Definitely the heart of a teacher! Great episode.
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@johnfelixperez2682
@johnfelixperez2682 3 жыл бұрын
The Newbie tip of the week! Impart some investors wisdom... Getting it done like a pro..
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks!
@mundoveloz5122
@mundoveloz5122 3 жыл бұрын
This is an amazing conversation. Bryce, Thank you for all the good nuggets! It feels good to be a capital "I" Investor!
@Jorge_Lopez123
@Jorge_Lopez123 2 жыл бұрын
“You start investing into real estate since you start saving up for the down payment.” That really changed my perspective!
@barlynuribe3887
@barlynuribe3887 2 жыл бұрын
“Perfecting the steps that you’re on.” Bryce Stewart
@jonathanacuna
@jonathanacuna 3 жыл бұрын
Such a fun memorable episode. Lots of value. And the SONG!!!! Made my day
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Jonathan! I seriously considered NOT pulling out a guitar and singing. Then I thought..."it might end up looking stupid, but...there are PLENTY of forgettable podcasts out there."
@sponkmcdonk3898
@sponkmcdonk3898 3 жыл бұрын
I worked for an attorney who did this and made tons of money. It really is as simple as what he’s saying.
@mwoodson3649
@mwoodson3649 3 жыл бұрын
Awesome interview and excellent advice.
@emmanuelsurf
@emmanuelsurf 3 жыл бұрын
Great podcast! Everytime i learn something new when I watch these podcasts. Thank you!
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Glad you learned something from it!
@bikingsolo9194
@bikingsolo9194 2 жыл бұрын
21 year old art major here recently obsessed with passive income and investment videos as my career path gives me no peace of mind! Most of these videos seem way too complex for me as I’ve no previous knowledge of finances. I really enjoy his break down. Feels like very good new knowledge to have
@devongibson2616
@devongibson2616 3 жыл бұрын
I love the purchase agreement tip. It really is great and having a full understanding of it will truly help later on. Thank you!
@awkwardlybailey
@awkwardlybailey 3 жыл бұрын
This. Was. Amazing!!!! Great metaphors for learning, helpful to understand you can grow as much as you are willing to work, pushes you practically, I could go on and on! I need to listen to this three more times because it was so immensely helpful!
@ThojHmoob97
@ThojHmoob97 3 жыл бұрын
I LOVE HOW HE DUMB IT DOWN FOR US!
@geonoguera
@geonoguera Жыл бұрын
Great video! 👏🏼🎬 We need more people and videos like this 🤯
@lvteachme973
@lvteachme973 3 жыл бұрын
This episode is prefect for a new investor. Thanks for teaching at the elementary level.
@teeroj
@teeroj 3 жыл бұрын
So true about the paper sitting there! I have some self storage units going to auction, I dread it so much that the papers have been sitting by my printer for over a week. Today I realized I just need to get them started, and as usual it ended up being much less time and easier than the anticipated dread makes it seem. Thanks for the worker's comp tip! I have a friend getting on my facility's roof later this week, working on getting that form now
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Awesome. Don't you ever forget it!
@GergC0521
@GergC0521 2 жыл бұрын
"If you have bad spending habits, your profits from real estate will go toward your bad spending habits." That is brilliant! I'd say in fact, you'll then have the money to make worse choices. (i.e. spending money eating out all the time at a fast food place, will become eating out at expensive restaurants.) if you have poor spending habits one of your first mentors should be for budgeting and accountability.
@taabishmatloob7639
@taabishmatloob7639 3 жыл бұрын
this guy must have been an excellent teacher
@rpruneau68
@rpruneau68 3 жыл бұрын
GREAT Interview and thank you for taking the time to clarify the key points. Q & A Segment Title: How would you Respond?
@eddiegriffinfunnymoney3244
@eddiegriffinfunnymoney3244 3 жыл бұрын
W•H•A•T•S•A•P•P• +1 =8=1=5=2=4=2=5=0=8=7= To E•A•R•N H•U•G•E• P•R•O•F•S F•R•O•M• C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E-
@ACR4008
@ACR4008 2 жыл бұрын
This is quite an inspiring and informative video. I need to “vacuum the truck” so to speak. I’m brand new and need to figure out how to get started investing in this crazy economy while living in New England.
@raulvargas352
@raulvargas352 3 жыл бұрын
Outstanding information and entertaining
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Raul - thanks! My book has great advice, too. House Hacker's Guide to the Galaxy.
@ianthesiow3013
@ianthesiow3013 3 жыл бұрын
Great podcast. Valuable sharing. TQ.
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Ian.
@judahhudson2200
@judahhudson2200 3 жыл бұрын
HOMEWORK: (27:15) look up agreement of sale for your state -print out -read through 7-10 times -on 10th time *highlight each section you don't understand
@ashleycowen5104
@ashleycowen5104 2 жыл бұрын
Fairly simple task for us here in Louisiana, since our form in only 9 pages! But still very helpful and useful info to have!
@katersization
@katersization 2 жыл бұрын
This guy sounds like the real estate version of Jordan peterson’s “clean your room “ and I love it.
@rockymohacsi4227
@rockymohacsi4227 3 жыл бұрын
Such a good podcast! I’ve been listening and trying to learn the ropes. Downloading the agreement of sale is the best “starter advice” I’ve been a personal trainer for years and always try and get my clients to start with learning the fundamentals. Everything build s off of that. This is so helpful. Thank you Bryce
@brycestewart4240
@brycestewart4240 3 жыл бұрын
Thanks Rocky! Good name for a trainer.
@GergC0521
@GergC0521 2 жыл бұрын
@1:07:30 advice to newbies whose spouse don't want us to invest. GREAT advice. And it might also not hurt to use the same "package" you would show to an investor (your BP evaluation information) to show them you have thought it through and and it is viable and profitable.
How to Invest in Real Estate (Beginner's Guide)
1:43:39
BiggerPockets
Рет қаралды 474 М.
Из какого города смотришь? 😃
00:34
МЯТНАЯ ФАНТА
Рет қаралды 2,4 МЛН
Увеличили моцареллу для @Lorenzo.bagnati
00:48
Кушать Хочу
Рет қаралды 8 МЛН
This Game Is Wild...
00:19
MrBeast
Рет қаралды 138 МЛН
БУ, ИСПУГАЛСЯ?? #shorts
00:22
Паша Осадчий
Рет қаралды 2,8 МЛН
The Guide to Massive Profits Through Small Multifamily Investing
1:23:29
How to Get a Developer Job - Even in This Economy [Full Course]
3:59:46
freeCodeCamp.org
Рет қаралды 3,1 МЛН
The BRRRR Method for Beginners (FULL BRRRR Deal Walkthrough)
1:32:42
BiggerPockets
Рет қаралды 265 М.
Tim Ferriss: How to Learn Better & Create Your Best Future | Huberman Lab Podcast
3:39:09
Из какого города смотришь? 😃
00:34
МЯТНАЯ ФАНТА
Рет қаралды 2,4 МЛН