Episode 205 - From $450K to $1M: Dave Meyer’s Blueprint for Real Estate Success

INVEST2FI

How do you turn a $450K quadplex into a $1M asset? Discover the power of strategic partnerships, data-driven market analysis, and intelligent asset allocation with Dave Meyer, host of The BiggerPockets podcast.

In this episode of Investing, host Craig Curlop, aka The Fi Guy, sits down with Dave Meyer, the Data Deli himself and the newest host of The Bigger Pockets podcast. Dave shares his journey from waiting tables to becoming a successful real estate investor and influencer. Learn how he secured his first real estate deal with zero money down, partnered with three others on a quadplex in Denver, and turned that investment into a million-dollar property. Dave also dives into the data-driven strategies he uses to pick markets and allocate assets. He provides invaluable advice for investors, both new and experienced.

What's in it for you? Actionable insights on how to build your portfolio, maximize returns, and navigate the ever-evolving real estate landscape. This episode has practical tips and inspiring stories to motivate you to take your next step in real estate investing. Don't miss out!

Key Takeaways:
[00:06] Introduction to David Meyer- From Denver Quadplex to Bigger Pockets host
[01:00] David's first real estate deal
[05:10] The importance of asset allocation: Balancing appreciation and cash flow in real estate.
[10:20] How David managed different expectations among partners.
[14:30] How David turned $457K into $1.05M.
[18:40] New tools and resources for real estate investors.
[28:00] David’s top metrics for choosing the best real estate markets.
[34:00] Advice for new investors – Why starting in your backyard might be your best bet.
[39:20] Long-term investment strategy – Why real estate is a long game.

Host
Craig Curlop
📸 Instagram: https://www.instagram.com/thefiguy
📘Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze

Guest
Dave Meyer
📸 Instagram: @TheDataDeli
📚 Book Mentioned: "Scaling Smart" by Kathy and Rich Facki - BiggerPockets Bookstore