50: Getting Started and No Money Down House Flipping with Mike Simmons

<p>On today’s episode of the BiggerPockets Podcast, we sit down and talk about the best ways to get started with real estate investing, as well as some killer tips for investing without using your own money.</p><p>From picking a niche, overcoming analysis paralysis, and a lot more – our guest,&nbsp;Mike Simmons, will share his story of overcoming obstacles and becoming a full time house flipper in the Metro Detroit area.</p><p>Mike has a great story and an incredible strategy for flipping houses using no money of his own, so whether you are brand new or have been investing for years – you don’t want to miss Mike’s creative advice.</p><p><a href="https://www.biggerpockets.com/bpp50-mike-simmons-podcast-transcript-no-money-down-flipping" target="_blank">Read the transcript for episode 50 with Mike Simmons here</a>.</p><p>In This Show, We Cover:</p><ul><li>Overcoming “shiny object syndrome” and “analysis paralysis”</li><li>Losing $1000&nbsp;on his first “almost deal.”</li><li>Finding contractors&nbsp;without losing your hair</li><li>Dealing with&nbsp;Detroit investing</li><li>Why Mike had to&nbsp;evict a squatter&nbsp;who broke into his property</li><li>Finding&nbsp;good deals&nbsp;in any market</li><li>Using social media to&nbsp;attract private money</li><li>Using partnerships&nbsp;to get started or to grow</li><li>How Mike&nbsp;structures partnerships</li><li>Should you start with&nbsp;wholesaling?</li><li>And&nbsp;a whole lot more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/blog/2013/04/04/wholesaling-podcast/" target="_blank">BP Podcast 012 : Wholesaling and Marketing with Sharon Vornholt</a></li><li><a href="https://www.biggerpockets.com/forums/223-biggerpockets-success-stories" target="_blank">BiggerPockets Success Story Forum</a></li><li><a href="https://www.biggerpockets.com/blog/2013/01/27/tenant-screening/" target="_blank">Tenant Screening: The Ultimate Guide</a></li><li><a href="https://www.biggerpockets.com/hardmoneylenders" target="_blank">The BiggerPocket