We were all about trying to help people build wealth, learn how to build wealth through real estate investing. Joshua Dorkin is the author of The Book on Investing In Real Estate with No (and Low) Money Down (4.20 avg rating, 1854 ratings, 108 reviews, published 2. As always, I charged on despite my body and subconscious screaming as loud as possible to stop. Like any 18 year old, it has continued to mature and to life a life of its own.While my personal contributions to the business are today marked by occasional phone calls and quarterly board meetings, I hope my personal stamp will continue to last for the next 18 years and beyond.Thank you to everyone who believed in me. I want to, I listened to experts on it. Not a magic formula. We've all felt scared about doing that big thing we've dreamed of doing. Find which one works best for you, your resources . I cant really describe in words what everything looked like, but it didnt feel right. And so within the business itself, you know, hey, I mean, you used to work at Google, you know, as a media company, Google would change your, Google changes their algorithms all the time, as an example, right? And I didnt want, I just didnt want to do that. How do we do this better than everybody else? The days of building product, building community, marketing, growth hacking and being creative were replaced with days managing people. Yeah, yeah. Weve cut down on meat, and work hard to avoid the tempting desserts and snacks I used to be addicted to. Josh is also host of the BiggerPockets Podcast (80 million . Josh Dorkin and Brandon Turnerlongtime hosts of the world's #1 real estate podcast, . And you are in Hawaii now, right? But thats OK. Hes still well on his way to becoming a mogul just less Donald Trump and more Rupert Murdoch. And so once you start tackling them, its amazing how your load gets lighter and lighter and lighter. Star Wars: Thrawn. I love being an entrepreneur, but I simply prefer working at a smaller company - the sweet spot for me is probably up to 15 employees or so. As a father, this is what Im excited to see happen for my kids soon, and as an entrepreneur, I cant imagine being more proud than building something amazing that can live on beyond me like BiggerPockets has done. Theres a lot of, you know, Colorado just, you know, still a lot of chaos. Host and Producer on The Undeniably Curious Podca, Host on BiggerPockets Real Estate Po, BiggerPockets Video Podcast, and Money with Friends, and Guest on BiggerPockets Business Podcast. I choose to deal with them as they come using logic and working through like I would any game or problem. C X" And so I think for a very long time I ran my life, you know, moment to moment and its through conversations with folks like Brandon, you know, lots of, Ive got some good friends who think real deeply, to reading a lot, reading a lot, listening to some, you know, thought leaders in various spaces, you know, my transformation really, I think began from the moment of that I went to my wife, year eight of the company, and I was in tears. So there you go. But, you know, I think the key was just persevering through those in order to come out at the end. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, and educator. I bought a bunch of property as a result of my brother encouraging me to do so, and you know, I thought I was a smart guy. . How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started is written by Brandon Turner; Joshua Dorkin and published by BiggerPockets. And so what happened was little by little, I found myself running into some problems and I didnt quite know how to deal with those problems. They live in Grays Harbor, Wash. Zf|Gy}dN1,2,qY\ s#sK~?>#W]CYq~Z6btV37 g)v3[# kG:_jJ/0Cr[-I\7{\t_LkL,K'4'Mm+"Pd60|q!?jO7S9h,P-WwS/. The company is one that I founded almost 18 years ago and left back in November 2018 after undertaking a recapitalization via McCarthy Capital, a private equity shop out of Omaha. It was a very unpleasant experience, very scary again, you know, I was fairly uncertain I would get through it. I really enjoyed the conversation. Along with a team that we put together including physical and occupational therapists, we began to see the wins rack up and by February/March of 2018 she had progressed from her wheelchair to walker to finally walking by herself. I get to advise Scott and the current leadership team alongside some incredible partners. And I think far too many people get caught up in that, well, you know, Im going to build a business to get to an exit. You need to change your diet, you need to do some exercise. I got to be my own boss and although I worked absolutely crazy hours, I never felt the stress of a crappy boss or pressure to act under some artificial timeline. Thinker. What do you do when somebody is ripping the copper piping out of your vacant unit? I had never, I hadnt invested another penny in. Second phase was when I took it serious, quit my job and really spent all my time on it. ChatGPT disagrees (see image) What say you? Join us today to talk about real estate investing and specifically how to get started. I eat well - seriously cutting back on sugars, eating lots of fruits and vegetables. What regrets does he hold? Knowing I was in for a long visit to Home Depot yesterday, I made sure I had my list together and set out to pick up all the materials I needed to renovate our guest bathroom. And but yeah, thats what Ive been up to. Star Wars: The High Republic: Light of the Jedi. Standard economy shipping is always FREE, but you can upgrade if you'd like to receive your book faster. Dorkin, 41, won't be hacking houses anytime soon. We were thinking about picking it up and mailing it to you.\"\r\r At the time, Dorkin had just launched BiggerPockets, a then-nascent website about real estate investing. Thank you so much, Josh, I want to have you on again. 28 Jan 2023 08:21:40 And that had to stop too. So Ive got a book journal where Ive literally broken my life down into segments, physical fitness, health, I separate them, physical fitness and health, business and work, wife and love, my kids and you know, some people may put faith in there, whatever it is. many things and create so many threats, and theres got to be a better way. In the early 2000s, Dorkin bought rental property in St. Louis andafter adding up what he could charge for rent and subtracting his expected expensespredicted hed make a tidy profit. There had been ups, there had been downs. BiggerPockets has grown quite a lot since Ive left, and Ive enjoyed watching it take on a life of its own without me steering the ship. But yeah, just finding different ways to tweak the way youre doing things, right, if what youre doing personally with your family, and Ive also done that. Horrifyingly scary, where I was in my, in the office and I broke down and just I was in tears. Given the choice, I decided to pivot and change course. And so, back in 04 I was living in Los Angeles, I was teaching special ED high school. This ultimately led to me having several panic attacks which really should have been a sign to step back. They have grown to be one of the largest and most reputable real estate community on the Internet with a forum that has over 900,000 posts! Problems dont go away. 4.6 208 Ratings; $11.99; Listen $11.99; Listen . Not the way I wanted to spend my Saturday . He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. What do I do? But, yeah, no, its been a very, very long journey. Where else can we dive into this? And Im, you know, Im trying to figure out whats next, you know, looking at ideas. Im on the board. the health, for example, instead of like, hey, I need to lose weight. It is always interesting to see what kind of things come up when you search for yourself online. So, without spending any more money or giving up any of your time (both of which I recommend you do in support of great charities around the world), you can be a philanthropist! Here youll have a chance to follow me via this blog and to explore the ideas, products, services, books and many other things that influence me. Our friend had come over to help out and I was going to rest while she watched the girls. I dont know, maybe, if I get some encouragement from my friends Ill do it. And, you know, my goal was to figure out how do I get myself, how do I change things? When I started Bigger Pockets it was, I was teaching special ed. You know, we are not residents yet, you know, were doing our trial balloon now so to speak. Joshua Dorkin is the founder and former CEO of BiggerPockets, launched on October 22, 2004. Highly recommended!" Nat Borchers, retired pro athlete, Weve climbed mountains, traveled, explored and journeyed, surfed, skied and have never stopped seeking out a full and rich life. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? Yesterday that reality came a little too close for comfort for me. And so yeah, that becomes stressful. I kind of just glazed over it and just put my head down into work, so I didnt feel depressed anymore. It is my mission to continue to better all of these until my time comes - hopefully when Im much older, but I wont allow myself to let the other nonsense get in the way of that mission. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, and educator. &i(y`ryG|29#4#Gj9F){(B;y@OJO,4f7Q$t8*>]SvC,:: Fr9BoQhF8E \lNr)#@ 4S9> HZ)9zve'qQE!Q@Q@Q@Q@Q@Q@JLQ_\h? 5o5IJStAmaMb ; +xWjoI:_g#r3/\)T Moi_9}/?i)me 6Oki!h(pf_ x_V{(n5[Y%{c-Iy,Y^a3{W ?5?m,|W"S*B'D]>V^1_7=|V~ It was just another thing I needed to do. That was all I was allowed to do on Wednesday. Almost a lifetime ago - 18 years today - I officially marked the founding of BiggerPocketsStarting a hobby website while working as a full time teacher was one thing.Two years later taking the risk to quit my job to become a full time startup founder was the craziest and smartest thing I ever did. Today, BiggerPockets is the premier real estate investing website online with . But I look at the cycle as a multi stage cycle. Just Released: Two NEW BiggerPockets Books to Help You Build Wealth Through Rental Investing . "Dorkin and Turner have really laid out a clear, straight-to-the-point guide to achieving success through real estate investing. I learned that the sudden eye blur thing could be a sign of a stroke, but I believed it needed to come along with other symptoms. It became more than a website - it became a brand and an ideal. After coming up short, Joshua decided to take matters into his own hands and start his own website. Joshua Dorkin BiggerPockets Founder Maui, HI 28K FOLLOWERS 5 FOLLOWING 346K CONNECTIONS I am the Founder, former CEO (2004 - 2018), former podcast host, and current board member of BiggerPockets. In 2006, Brandon Turner got married to Heather. Because, man 2020, nobody feels good anymore, man, we dont feel good anymore. %PDF-1.6 % Plus, he doesn't own any rental properties outright anymore, simply because BiggerPockets requires too much of his attention. Brandon Turner is an author, entrepreneur, and active real estate investor with more than 1,000 rental units under his belt. Accept the New Rules of Life or Suffer in Misery. Do I hire? So the operating manual was how do I go from unhappy to happy. It was a hard decision for Joshua to leave, but thanks to his amazing team, he was able to (even during a time of tribulation in his personal life . Ill argue that all of that stuff is bullshit. k cG-t} All rights reserved. But COVID hit, and we got sick in March and it was, you know, it was tough and I was very, very, very sick. Josh Dorkin: Man, so Ive started and stopped the book probably 50 times. I was making money, but I was still ready, you know, that desperate to just get out. I mean, I literally started this company with the, you know, like 12 bucks a month that it cost me to host and the whatever four or five bucks it cost to register the domain name back then, and that was it. This keynote speech goes deep into what really matters most. Came to be ready to quit and like told my wife, hey, Im ready to sell the business. Its fantastic. After about six months since transitioning out of the role of CEO of BiggerPockets to advisor, I thought it was time to kick off my own personal platform, this site. Just at the time when things were starting to go from big to bigger, Joshua had to take time off to take care of his daughter's medical emergency. I had purchased a few rental properties and needed some help dealing with all the questions I had, but couldnt find a place where I could get answers without having to deal with solicitations and promotions of these self-proclaimed gurus who dominated the scene at the time. . Plus, he doesnt own any rental properties outright anymore, simply because BiggerPockets requires too much of his attention. So we went and we hired an investment bank, I mean, cutting a long story short, Im sure youre going to have a ton of questions and sorry for ranting, but we hired a bank, went through a process, and, you know, six, eight months later, I had an exit to a private equity company, still own a significant piece of the business. And I immediately thought of you, because youve bootstrapped Bigger Pockets from I remember your Washington Park house where we met to really a multi-million dollar organization. And really, quite frankly, I did not do a good job of understanding when Im depressed, or who to call, if Im depressed. And from a bootstrap perspective, you know, bootstrapping, you have a lot less support than you do when you raise money. Like you cant find that and all that was out there were communities, forums, but they were all kind of tied to or in cahoots with I call them the gurus, the get rich quick crowd. We have a guy named Josh Dorkin. serendipitous mindset, but you also need to understand who you are. The company is one that I founded almost 18 years ago and left back in November 2018. He was the longtime co-host of The BiggerPockets Podcast, and he's the author of seven books that have sold more than a million copies combined.
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