56: Syndicating Deals, Investing without Tenants, and Tax Liens with Ankit Duggal

Dealing with tenants can be a pain… which is why on today’s show we’re going to go beyond tenants and look at some “no-tenant” methods of investing in real estate. Specifically, we’re going to talk with real estate investor Ankit Duggal about his journey from real estate agent to syndicator to house flipper to landlord and finally to tax lien investor. Ankit has a great story and offers hundreds of great pieces of advice on this show perfect for both the new investor or someone looking to add some new skills to their investor tool belt! In This Show, We Cover:Getting started at a young ageTransitioning from Agent to InvestorHow Ankit financed his early investments using other people’s moneyYour three circles of influence for raising moneyThe three team members you need before syndicatingInvesting with close family membersWhat is a tax lien and how (and why) to buy one.Earning 18% on your money through Tax LiensWhy tax liens have almost no riskHow to do your due diligence on a tax lienAnd lots more!Books Mentioned in this ShowThe Real Estate Game: The Intelligent Guide To Decisionmaking And Investment by William J. PoorvuBuilt to Sell: Creating a Business That Can Thrive Without You by John WarrillowLinks from the Show:BuildiumBrandon’s 7 Year PlanBP Podcast 007: Making Appraisals Work For You with Ryan LundquistTweetable TopicsI’m not “money-driven” – I’m “lifestyle-driven.” (Click to Tweet!)Educated yourself as an investor. That’s the first step in any investment. (Click to Tweet!)I don’t believe in ‘get rich quick.’ You gotta put in the time and effort. (Click to Tweet!)Connect with AnkitAnkit’s BiggerPockets ProfileAnkit’s BiggerPockets’ Blog PostsAnkit’s Website

Episode 56 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "56: Syndicating Deals, Investing without Tenants, and Tax Liens with Ankit Duggal" was published on February 6, 2014 and runs 80 minutes.

February 6, 2014 ·80m · BiggerPockets Real Estate Podcast

Summary

Dealing with tenants can be a pain… which is why on today’s show we’re going to go beyond tenants and look at some “no-tenant” methods of investing in real estate. Specifically, we’re going to talk with real estate investor Ankit Duggal about his journey from real estate agent to syndicator to house flipper to landlord and finally to tax lien investor. Ankit has a great story and offers hundreds of great pieces of advice on this show perfect for both the new investor or someone looking to add some new skills to their investor tool belt! In This Show, We Cover: Getting started at a young age Transitioning from Agent to Investor How Ankit financed his early investments using other people’s money Your three circles of influence for raising money The three team members you need before syndicating Investing with close family members What is a tax lien and how (and why) to buy one. Earning 18% on your money through Tax Liens Why tax liens have almost no risk How to do your due diligence on a tax lien And lots more! Books Mentioned in this Show The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment by William J. Poorvu Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow Links from the Show: Buildium Brandon’s 7 Year Plan BP Podcast 007: Making Appraisals Work For You with Ryan Lundquist Tweetable Topics I’m not “money-driven” – I’m “lifestyle-driven.” (Click to Tweet!) Educated yourself as an investor. That’s the first step in any investment. (Click to Tweet!) I don’t believe in ‘get rich quick.’ You gotta put in the time and effort. (Click to Tweet!) Connect with Ankit Ankit’s BiggerPockets Profile Ankit’s BiggerPockets’ Blog Posts Ankit’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description