254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors

Episode • Nov 23, 2017 • 2h 5m

Today’s guest needs no introduction, but this would look funny without one, so here we go! Today on The BiggerPockets Podcast, we sit down with Tim Ferriss, author of #1 New York Times Bestseller The Four Hour Work Week and his newest title, Tribe of Mentors and dive DEEP into the patterns that make high achievers accomplish so much. This show is unlike any other episode of our podcast, and we can’t guarantee you’ll be the same person when you finish. You’ll also discover Tim’s unique approach to real estate investing, as well as the books, apps, and routines that has made Tim one of the most influential thought leaders in our world today.

In This Episode We Cover:

How the gang connected with Tim
Whether his mom would be impressed by his accomplishments
Why he walks to the beat of his own drum
His recent “silent” retreat
The value of meditation
What you should know about self-awareness training
The ins and outs of the book Tribe of Mentors
Patterns that are common amongst high achievers
The importance of turning off distractions
Principles to live your life by
How to be truly effective
Tips for using money to buy time
The 3 advantages that you can have in any type of investing
How Tim Ferriss invests
What a good investment entails
Indicators of a solid property
How Tim would analyze real estate
The fundamental differences in real estate as an asset class
The “worthlessness” of hard work
How to balance ambition and being contented
And SO much more!

Links from the Show

Books Mentioned in this Show

Set for Life by Scott Trench
The Book on Rental Property Investing by Brandon Turner
The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han
The Book on Flipping Houses by J. Scott
Finding and Funding Great Deals by Anson Young
The 4-Hour Work Week by Timothy Ferriss
The 4 Hour Body by Timothy Ferriss
The 4-Hour Chef by Timothy Ferriss
Tools of Titans by Timothy Ferriss
Tribe of Mentors by Timothy Ferriss
Young Millionaires by Rieva Lesonsky
Man’s Search for Meaning by Viktor Frankl
Poor Charlie’s Almanack by Charles T. Munger
The Better Angels of our Nature by Steven Pinker
Principles by Ray Dalio
Warren Buffett Speaks by Janet Lowe
Richest Man in Babylon by
The Radical Acceptance by Tara Brock
Berkshire Hathaway Letters to Shareholders
More Money Than God by Sebastian Mallaby
Liar’s Poker by Michael Lewis
Lifeonaire by Steve Cook
Rich Dad Poor Dad by Robert Kiyosaki

Tweetable Topics:

“I don’t like having my sanity depend on luck.” (Tweet This!)
“When you’re not thinking of the past, you’re not thinking of the future.” (Tweet This!)
“It’s not that you don’t have time, it’s you don’t have priorities.” (Tweet This!)
“It’s not how you do things, it’s what you do.” (Tweet This!)
“Effectiveness over efficiency on all things.” (Tweet This!)
“Thinking is actually asking questions and answering them in your own head.” (Tweet This!)
“There’s no problem with hard work, as long as it applies to the right things.” (Tweet This!)
“In the end, success is sleeping well.” (Tweet This!)
“Worrying is praying for what you don’t want.” (Tweet This!)
“It’s very hard to fail completely.” (Tweet This!)

Connect with Tim

Learn more about your ad choices. Visit megaphone.fm/adchoices

Activity

Switch to the Fountain App

Open in Fountain