As a new guy, I would like to know from some of the more experienced people is it more worth my time to begin, listening to the beginning of the podcast and go towards the end or just start from the most recent post and go backwards?
In other words, does the information from the beginning of the bigger pockets podcasts still ring true or do we retouch on some of the later pose in a more modern way that holds more value in making quick decisions and taking action on upcoming opportunities in today’s market? I am eager to get started and there are ALOT of episodes. Any tips?
I have found that almost if not all of the podcasts are helpful. But you have to recognize that the market has changed dramatically in the last year, and it behooves you, if listening to older podcasts, to pay attention to all the factors that could impact a purchase. If you use the mortgage or rental tools, for example, you'll need to consider timely data like interest rates, days on market, inflation-adjusted repair or cap expenses. Plus many other factors. It's a very different market, and you just have to do the due diligence that you would (most likely) do anyway.
The overall strategy and theory from the old podcasts still ring true, but they may not ring true in your market. This would have been the case back then as well. That being said, I would start from the end and go backwards as there are some episodes that talk about current events and markets that might be helpful.
I think this is probably going to be a personal preference. What I've done so far is listened to every episode of the Real Estate Rookie and then On The Market. I like to listen to them first to last, because my phone will automatically play the next episode when one is finished with this order. That way I can keep working (painting, flooring, roofing, etc.). I've started doing the same with the OG podcast, but I also keep up on the newer ones, especially On The Market, so that I'm getting info about current times.
The basic info in the OG podcast sounds the same, but the talk about the economic environment is from back then and not related to current times. It's interesting to look back at how Josh, Brandon, and guests felt about the economy back then.
Welcome, Jessica! The information is still good but you'll probably find that everything the podcasters describe is generally harder nowadays. Finding a cash-flowing rental, a flip that you can purchase for 70% ARV minus repairs, BRRRRing, and other techniques all require more effort now than they did pre-pandemic.
Hi Jessica, welcome to BiggerPockets! This is surely the best place to start networking and learning. I always recommend the book “Rich dad, Poor dad” by Robert T. Kiyosaki to anyone starting out. Listening to the BiggerPockets podcast starting at the very beginning is still a good way to absorb essential information about real estate investing even though your local market may have changed over time, it is still best to get to know how things went from then to now. Start growing your network, look on Facebook/BiggerPockets for different events, find a mentor doing what you want to do, and get to know the local lenders/brokers. All the best to your real estate journey!