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#134: Creative Finance and Gaining a Millionaire Mindset with Pro BMX Rider Terry Adams
August 6, 2015
82 min
On today’s episode of the BiggerPockets Podcast, we sit down and dig into the life of a professional BMX bike rider Terry Adams. Outside of his many accomplishments in the stunt bike world (X-Games gold medal, appearance on Glee and Ellen, and more), Terry is also an accomplished real estate investor with some incredible strategies for building wealth. In the interview, we cover everything from investing with no money, to dealing with personal finance concerns, to mindsets, and more. This show is about to rock your world, so grab a pencil and some paper and let’s get started! In This Episode We Cover:Who Terry Adams is and what his profession entailsHow he got started in real estateThe details of his first propertyHis trailer propertyHow he finds great real estate dealsWhat you should know about finding a mentorThe ins and outs of the “BRRR” strategyWhat exactly line of credit investing isTips for dealing with banksHow your mindset affects how you invest in real estateThe details of Terry Adams’s portfolioThe secret to building wealth with the help of mentorsThe importance of knowing your net worthAnd SO much more!Links from the ShowTerry Adams on The Ellen Show (video)BiggerPockets MeetBiggerPockets ForumsBiggerPockets PodcastBooks Mentioned in this ShowSecrets of the Millionaire Mind by T. Harv EkerThe Richest Man in Babylon by George S. ClasonTweetable Topics:“There’s always a way to make it happen.” (Tweet This!)“The more I manage my money, the more money I have to manage.” (Tweet This!)“You take your other liquid asset and you invest it, because that’s how you build wealth.” (Tweet This!)Connect with TerryTerry’s InstagramTerry’s TwitterSnapchat: terryadamsbmxFacebook Fan PageTerry’s Website
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