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At the age of 32 years old, Scott Trench has already become CEO of BiggerPockets and his contributions have helped countless investors build wealth.
Scott discusses meeting Josh Dorkin and the early start-up days at BiggerPockets (BP). He speaks to BP’s rapid growth, challenges along the way, and of course, BP’s loyal customer base. Scott fills us in on the current vision of BP and some of the potential upcoming enhancements to the platform. Inflation, interest rates, the housing market, and goal setting/tracking systems are also among the many valuable topics discussed in this episode that you won’t want to miss!
Questions We Answer In this Show:
Q. How can I get started in Real Estate investing in Chicago?
A. Video
Q. Is there one thing I can do to ensure my success as a real estate investor in Chicago?
A. Yes, to be successful at anything you must be perseverant and keep pushing and that holds true in being a real estate investor too. In Chicago there are many factors you must learn about that may be different than other parts of the country, but if you keep focused you will be successful. (Video)
Show Notes:
01:50 Housing Provider Tip: Don’t forget to cultivate perseverance!
03:12 Intro to our guest, Scott Trench!
03:46 Scott talks about meeting Josh Dorkin from BiggerPockets!
06:30 What were the early days like at BiggerPockets?
09:23 How has BiggerPockets created such a loyal customer base?
16:09 How has BiggerPockets managed their rapid growth?
23:46 What is the EOS system?
25:10 How many BP users go inactive after creating an account?
28:08 How has Scott grown so rapidly in his role within BP?
32:06 What motivates Scott at this stage of his career?
34:51 What can we expect from BP in the near future?
43:18 Why did Scott write Set For Life?
47:26 Scott gives his out on inflation and employment!
58:27 Scott predicts housing values in relation to interest rates!
62:00 What is Scott’s competitive advantage?
62:30 One piece of advice for new investors.
62:54 What do you do for fun?
63:22 Good book, podcast, or self development activity that you would recommend?
64:32 Local Network Recommendation?
65:12 How can the listeners learn more about you and provide value to you?
That’s our show! Thanks for listening!
Guest Name: Scott Trench
Guest Company: Bigger Pockets
Guest Link: https://www.biggerpockets.com/users/scotttrench
David Greene Episode (Straight Up Chicago Investor Episode 85)
Chicago Investor Resources Shared
What You Must Know About Renting Your Property In Schaumburg
Survival Guide For Self Managers - 15 Tips Chicago Landlords Must Know(Especially House Hackers)
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