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Transitioning from Bigger Pockets to New Insights

Aug 10, 2024

The David Green Show: Real Talk Real Estate Podcast

Introduction

  • Short episode addressing controversy around David Green's departure from Bigger Pockets Podcast.
  • Clarification on his role at Bigger Pockets, branding issues, and how his new podcast will differ.

History with Bigger Pockets

  • Started Hosting: Approximately 7 years ago.
  • Founders: Josh Dorkin (owner) and Brandon Turner (employee, minor ownership possible).
  • Bigger Pockets Growth: Driven by Josh's work ethic and Brandon's charisma.
  • Initial Podcast: Brandon proposed the idea; Josh was initially unfamiliar with podcasts.
  • Josh's Departure: Due to family health issues; required new hosts.

David Green's Involvement

  • Initial Interview: Episode 169 with Brandon and Josh.
  • Friendship with Brandon: Led to co-hosting proposal after Josh stepped away.
  • Trust Building: Bigger Pockets initially hesitant to involve non-employees; David had to earn trust.
  • Partnership: Developed strong rapport and chemistry with Brandon.
  • Podcast Growth: Became a top business podcast with 250-300k listens per episode.

Challenges and Changes

  • Risk Concerns: Bigger Pockets worried about hosts leaving and starting their own entities.
  • David's Conduct: Maintained integrity, published books and articles through Bigger Pockets, represented the brand faithfully.
  • Brandon's Departure: Shocked the real estate world, led to more format changes proposed by David.
  • New Show Formats:
    • Seeing Green: Coaching calls.
    • On the Market: Discussion of current events in real estate.
    • Topical Shows: In-depth exploration of specific real estate topics.
  • Expansion: Bigger Pockets launched multiple new podcasts and published more books.

Market Dynamics

  • COVID-19 Impact: David advised buying due to government money printing, faced criticism but was proven right as property values rose.
  • Interest Rate Increases: Sudden hikes by the government affected especially commercial real estate.
  • Comparison: Residential real estate remained stable due to 30-year fixed-rate mortgages; commercial properties faced refinancing issues.

Transition to Private Equity Ownership

  • Sale of Bigger Pockets: Josh Dorkin sold the company to a private equity firm due to family commitments.
  • Operational Changes: Standard changes post-acquisition; some positive, some less favorable.

Shift in Hosting

  • David and Rob’s Departure: No longer hosting the main podcast but welcomed back as guests.
  • New Podcast: The David Green Show to bring similar content with more control and stability.

Goals and Content of The David Green Show

  • Real Estate Insights: Sharing personal portfolio updates, business experiences, and market analysis.
  • Diverse Content: Covering short-term, medium-term, and traditional rentals; agent interactions; financing aspects.
  • Unique Perspective: Combining investor, entrepreneur, and educator roles.
  • Community Engagement: Encouraging listener questions and feedback to shape content.
  • Authenticity: Realistic portrayal of real estate investing, avoiding exaggerated success stories.
  • Educational and Entertaining: Aiming to make the show both informative and enjoyable.

How to Participate

  • Submit Questions: Via davidggreen24askas for video and written questions.
  • Follow and Subscribe: Available on YouTube, Spotify, Apple, Google, and social media platforms.
  • Feedback: Encouraged to shape future episodes.

Final Thoughts

  • Wealth Building: Goal is to help listeners achieve financial freedom without fostering materialism or ego.
  • Balanced Success: Encourages sharing failures more than successes to keep things in perspective.
  • Focus on Winning: Providing advice designed to help listeners succeed without sugarcoating.

Testimonials

  • Raging Al Iaquinta (UFC fighter): Praises David's wealth of knowledge and educational content.
  • Chris Weidman (UFC fighter): Highlights David as a go-to real estate guru.
  • Cory Kent (Country music singer): Recommends the show for insightful real estate advice.
  • Nick Lamagna (Real Estate investor and podcaster): Trusts David's accurate and current market information.
  • Aljamain Sterling (UFC champion): Finds the podcast very insightful and informative.
  • Brandon Turner (Former Bigger Pockets host): Commends David for his honesty and deep understanding of real estate.