139: Getting Started as a Businessman, Not a Handyman with Fat Tony

<p>Many people struggle to get started, especially when they live in an expensive market. That’s why today on the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>&nbsp;we’re excited to bring you this interview with a newer investor who’s figuring out how to make a passive investment business despite living in one of the most expensive cities in America. You’ll learn how&nbsp;Fat Tony&nbsp;(yes, that’s really what he goes by!) invests in out-of-state deals and how&nbsp;mindset has played a major role in his early success.</p><p>In This Episode We Cover:</p><ul><li>Who is Fat Tony, and&nbsp;what’s with the name?</li><li>How he got&nbsp;started&nbsp;in real estate investing</li><li>Why it all starts with&nbsp;changing your mindset</li><li>The value&nbsp;of continuing&nbsp;education</li><li>His first deal: a&nbsp;short sale</li><li>Whether it’s worth it to look into&nbsp;condos</li><li>How to start&nbsp;doing&nbsp;the things you need to do</li><li>The importance of tracking your&nbsp;net worth</li><li>Why you should view&nbsp;real estate as a&nbsp;long term play</li><li>What it takes to successfully invest&nbsp;out of state</li><li>The importance of working&nbsp;with&nbsp;people&nbsp;who you can trust</li><li>Why all investors should&nbsp;have cash&nbsp;reserves</li><li>Why Tony believes in&nbsp;buying&nbsp;site unseen</li><li>The&nbsp;worth&nbsp;of his properties today</li><li>Tips for&nbsp;finding people&nbsp;who share the same mindset</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li>Want to be our sponsor?&nbsp;<a href="mailto:scott@biggerpockets.com" target="_blank">Email here</a></li><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="https://www.biggerpockets.com/webinar" target="_blank">BiggerPockets Webinar</a></li><li><a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a></li><li><a href="https://www.biggerpockets.com/blog/2015/08/06/bp-podcast-134-