48: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren Sager

On today’s episode of the BiggerPockets Podcast, we talk with real estate investor Darren Sager about his fascinating business model involving buy and hold real estate, live-in flips, and managing properties with minimal hassle.

This show is crammed full of awesome, actionable ideas, tips, and lessons – so don’t miss a second of it!

Read the transcript for episode 48 with Darren Sager here.

In This Show, We Cover:

• The college professional who got Darren started
• When to use the 1% rule
• How Darren bought his first property for almost nothing down
• The $400,000 live-in flip
• The #1 most important characteristic Darren looks for in properties
• The secret to renting property to people with children
• How to save thousands of dollars using YouTube.
• And a whole lot more

Links from the Show

• The Real Estate Agent’s Ultimate Guide to Working with Investors by Brandon Turner
• How I Found, Analyzed, and Bought an Ugly Purple Rental Property
• Brandon Bought a “Waldo” Rental Property.... But Should You?
• Allure Vinyl Plank Flooring
• PayNearMe

Books Mentioned in the Show

• Rich Dad Poor Dad by Robert Kiyosaki
• The 4 Hour Workweek by Tim Ferriss
• The E-Myth Revisited by Michael Gerber
• Millionaire Real Estate Investor by Gary Kellar
• Millionaire Real Estate Agent by Gary Kellar
• All You Can Do is All You Can Do, but All You Can Do Is Enough by Art Williams
• Hamburger America by George Motz

Tweetable Topics

• “If a deal doesn’t at least meet the 1% rule – run away.” (Tweet This!)
• “It may be cliche, but when buying real estate... location is everything.” (Tweet This!)
• “The worse condition a property is in, the more I’ll love it!” (Tweet This!)
• “The most successful people are those who failed the most.” (Tweet This!)

Connect with Darren

• Darren’s BiggerPockets Profile

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