Every landlord has some wild tenant stories. We’re sharing the ones you probably won’t believe in this episode. And we’re not just talking about a bad eviction or an upstairs neighbor blasting loud music. Instead, we’re talking about identity theft, living room toilets (this actually happened), random people sleeping on YOUR couch, and the mystery of the magically appearing staircase.  Being a landlord isn’t always easy, but some stories make real estate investing truly worth it. We’ve seen some of our tenants turn their lives around completely, all by having a safe place to live. Even with all the chaos, broken toilets, non-paying tenants, and occasional hard conversations, being a landlord can be pretty rewarding.  Do you have a tenant story you want to share? Drop it in the BiggerPockets Forums! In This Episode We Cover: Why you MUST have a (secured) separate entrance when house hacking  The reason Henry now double-checks the identity of his tenants before signing a lease with them Turning bad tenants into good friends by taking shots with them  What to do when your tenants turn your living room into a bathroom (this one was pretty bad) Why taking a chance on a tenant isn’t always a bad thing and how being a great landlord can turn people’s lives around  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Landlord the Right Way with “The Book on Managing Rental Properties” Property Manager Finder 12 Tenant Nightmare Stories I Swear Are Actually True Connect with Henry Connect with Dave (00:00) Who's In My House?! (05:20) My Tenant Isn't Really My Tenant... (12:04) Taking Shots with My Tenant (16:39) They Did WHAT in the Living Room? (25:53) The Tenants Everyone Wants (29:35) Tenant Turning His Life Around Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1045 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if, within ten years, you could reach financial freedom? Imagine it. You may have a high-stress job where you’re working long hours and making good money but feeling burnout creeping in. You NEED an exit strategy if you’re going to keep up with this lifestyle because before long, you may need an early retirement. That’s precisely how Benjamin Aaker, emergency medicine physician, felt. Benjamin loves his work, and he’s still working today, but now, he has the option to leave when the burnout gets too much. After becoming an “accidental landlord,” Benjamin quickly saw the benefits of investing in real estate. He bought a few more houses and a multifamily building, then went bigger and bigger. Now, he’s equity-rich with a real estate portfolio that can support his lifestyle if he decides not to work. Even if you’re not stressed out at your job (yet), Benjamin encourages you to financially prepare to exit your career, if just for peace of mind. He talks about how you can scale smarter, faster, and better with partners, why sometimes you need to get dirty to succeed in real estate, and how to juggle investing with your full-time job.  In This Episode We Cover: How to scale your real estate portfolio fast and reach financial freedom  The crucial mistake Benjamin made when he bought his first big property  Determining your financial independence timeline and when you want to be able to quit  Appreciation vs. cash flow and the surprising choice Benjamin made to reach financial independence faster  Vetting a real estate partner BEFORE you invest and red flags to look for Syndication investing for beginners and using other people’s money to buy real estate  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Properties with REI Nation Grab “The Intention Journal” Find an Investor-Friendly Agent in Your Area How to Build a Real Estate Portfolio & Quickly Scale Your Investments Connect with Benjamin Connect with Dave (00:00) Intro (00:48) Got a High-Stress Job? (02:30) The “Accidental” Landlord (03:54) Becoming Work-OPTIONAL (10:22) Equity Over Cash Flow (14:31) Multifamily and BIG Syndication Mistakes (23:55) A Really Crappy Problem (27:30) Finding (and Vetting) Partners (30:35) WAY Bigger Deals Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1045 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What makes a “good” real estate deal in 2025 and beyond? How much of a return should your investment property be producing? Are real estate returns good enough in this tough housing market to beat out other performing assets like stocks? Today, we’re sharing our exact investing criteria, defining what makes a “good” real estate deal to us, and how you can use key indicators to identify deals worth the effort. We’re breaking this episode into a few parts as we touch on the primary types of investment properties: long-term rentals, short-term rentals, and house flips. Garrett Brown is our resident vacation rental expert and shares how he’s routinely getting twenty percent (or greater) returns by reinvesting in his short-term rentals. Next, familiar face James Dainard discusses the unbelievable house-flipping returns he nets, but are they worth the risk? Finally, Dave shares the metric he goes after when investing in long-term, low-risk rental properties. Plus, we’ll share when it’s a better use of your money to reinvest in your current properties vs. going out and buying new ones! In This Episode We Cover: What makes a “good” real estate deal in 2025 and beyond The massive return James is making with house flipping (and the HUGE risks he takes) Garrett’s unique short-term rentals pulling in twenty percent (or higher!) average returns  IRR (internal rate of return) explained and why everyone should calculate this when investing When to buy more properties vs. reinvest back into your performing portfolio And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Get a Quote on Your Next Short-Term Rental Loan with Host Financial Calculate IRR with Dave’s Book, “Real Estate by the Numbers” Property Manager Finder What's a "Good" Deal in Real Estate? 5 Criteria to Consider Connect with Garrett Connect with James Connect with Dave  (00:00) Intro (00:51) What's a "Good" Return? (06:21) IRR (Internal Rate of Return) Explained (07:59) What Makes a "Good" STR Deal? (11:14) Flipping Houses (High Risk/Reward) (16:43) Long-Term Rentals (Low Risk) (23:17) When to Reinvest vs. Buy More (29:23) Do This NOW! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1044 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, we’re talking about the easiest way to find profitable rental properties in 2024 (and 2025!). It’s not through cold calling homeowners, sending mailers, networking with wholesalers, or doing any other “off-market” strategy. It’s so easy that even real estate investing beginners will have no trouble finding deals. What are we talking about? On-market, MLS (multiple listing service) properties for sale. You might think, “But everything on the market is overpriced; there are NO good deals left!” That’s where you’re wrong, and today’s guest proves it. Dan Nelson has been buying on-market investment properties for two decades now, and he’s built an entire portfolio doing so (even in recent years). Dan knows there’s a time and place for off-market deals, but he has found so many hidden opportunities on the market that he keeps returning to buy. During this episode, Dan shows YOU precisely what to look for when browsing listing websites for rental properties or potential house flips. He shares the hidden opportunities most investors miss and why you should NOT be focused on properties that make money from day one. Instead, he walks through his simple strategy to create serious cash flow only a couple of years after purchasing properties most investors overlook. In This Episode We Cover: Why (for the most part) off-market deals are NOT great for beginners  The reason Dan doesn’t care about “day one cash flow” when buying rentals  Signs that you should offer a lower price on a potential rental property  Why you should always look for on-market deals BEFORE deciding on a market  When it’s time to start buying off-market deals (Beginners should avoid this)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! BiggerPockets Rental Property Calculator BiggerPockets Real Estate Rent Estimator Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Dan Connect with Dave (00:00) Intro (02:16) Why Buy On-Market Deals (03:26) On-Market vs. Off-Market Explained (06:57) HUGE On-Market Opportunity (13:24) Buy at Asking Price? (15:19) The Cash Flow Secret (19:13) Where Does This Strategy Work? (25:47) Where Does This Strategy Work? (31:59) When to Look Off-Market? (32:55) Buy Your FIRST Rental! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1043 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Clay White has done the seemingly impossible. He’s bought five rental properties, completed multiple flips, and done it all in the past fifteen months with high mortgage rates. To make it more impressive, he did it WITHOUT a W2 job at just twenty-three years old! So what sets Clay apart from ninety-nine percent of other investors? As you’ll hear in today’s episode, he went through an almost comical amount of failures, but how he solved them makes him an elite investor. If you think you missed the boat on real estate investing, Clay proves that you couldn’t be more wrong. He not only built an entire rental portfolio in one of the most challenging times to invest but did it with no consistent income, no experience, and in a market you’ve probably never heard of. If you can follow Clay’s advice, mimic his ingenuity and tenacity for problem-solving, and are willing to put up with small failures to achieve massive success, you, too, will be able to build serious wealth, no matter your timeline, no matter your age, and no matter your job. In This Episode We Cover: How to invest in real estate even if you’ve got little money (and no job!)  Returning a house after you bought it (yes, you can do this!)  Why bringing in a partner is an excellent idea for your first real estate investment  Clay’s straightforward solution when you can’t find the right licensed contractor  Cash-out refinances vs. HELOCs and when to use each to pull out equity  Why you should always overestimate your home renovation costs  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Learn How to Flip Houses with “The House Flipping Framework” Find Investor-Friendly Lenders The Rookie’s Step-by-Step Guide to Home Renovation Projects Connect with Clay Connect with Henry Connect with Dave (00:00) Intro (01:04) Refusing To Get a 9-5 (04:23) Buying (and Returning!) a House (07:58) Home Run Second Deal (12:54) Rebuilding a Duplex (16:52) Using Equity to Flip a House (26:38) Final Flip Numbers (27:49) A Flip Goes Wrong…Again (31:04) Financing Deals (33:13) Buying Even MORE Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1042 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

So you want to start investing in real estate but have ZERO experience. What should you do? The good news is that even if you don’t know how to invest in real estate, you can get started relatively quickly, especially if you avoid the common rookie mistakes. To help you jump over the investing hurdles, instead of running right into them, Dave brought on Tony Robinson, top short-term rental investor, and Henry Washington, repeat co-host and long-term rental investor, to share exactly what they’d do if they were starting from scratch in 2025. Both Henry and Tony have scaled very fast. They own seven-figure real estate portfolios producing hundreds of thousands in rent yearly. But neither of them has been investing for more than ten years. How did they scale their real estate portfolios so quickly? They learned from their mistakes FAST and are teaching you the same lessons on today’s show. In this episode, we’re going through the beginner steps you should take to build a real estate portfolio starting in 2025. We’ll discuss whether you should buy long-term or short-term rentals, how to choose a market to invest in, knowing how much you can afford, the many ways to find real estate deals, and the one thing Henry and Tony WISHED they had done earlier. Ready to start investing in 2025? This is your quick guide! In This Episode We Cover: Best beginner real estate investments and whether you should buy or build your first rental What to do when you don’t have tons of money to invest and how to calculate your buying power How to find real estate deals even if you’re low on time or money The one thing Henry and Tony advise every rookie real estate investor to start doing NOW Emergency reserves and why you must keep cash on you when you start investing And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Real Estate Rookie Podcast On the Market Podcast  Get a Quote on Your Next Short-Term Rental Loan with Host Financial Start from Scratch with “The Book on Rental Property Investing” Find an Investor-Friendly Agent in Your Area Real Estate Investing For Beginners: How To Get Started Connect with Henry Connect with Tony Connect with Dave (00:00) Intro (01:01) Best Starter Investments (03:08) Short-Term Rentals (08:42) 1. Choose a Market (10:04) Long-Term Rentals (14:42) 2. Know Your Buying Power (18:39) 3. Finding Real Estate Deals (24:21) 4. Document EVERYTHING (28:39) 5. Start a “Reinvestment” Fund Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1041 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you invest in real estate with just $75,000? And not only invest but can you find cash-flowing rentals in solid markets with long-term profit potential without spending six figures? Yes, to both. Today, we’re proving it’s more than possible because we’re finding on-market rental properties for sale that can be bought, renovated, and rented with a $75,000 (or less) investment. These are LIVE deals, meaning you could make an offer on them right after this podcast airs (seriously!). To help us out, Dave asked fellow investors Ashley Kehr and Henry Washington to bring a deal to the show that: 1. Has an all-in cost of $75,000 or less 2. Is on-market (on the MLS) 3. Isn’t a house hack (you don’t have to live in the property). Dave found his own deal and brought it along, too. So today, we’re sharing three actual deals in three solid real estate markets, all that you can invest in with $75,000 or less. We found rental properties that not only cash flow hundreds of dollars a month but come close to (or beat) the 1% rule, AND one is already renovated, meaning you just need to find renters, and you’re already making money. Don’t let the naysayers fool you—this is PROOF you can find good rental properties even in 2024.  In This Episode We Cover: How to invest $75,000 in real estate if you want cash-flowing rental properties  Three distinct real estate markets that all offer below-average rental property prices  How much to keep in cash reserves for your first investment property  “Value-add” potential you can spot that’ll help you boost equity in your property  The one cost that you really need to check before you buy in a new market  Key indicators that point to a real estate market growing (or slowing)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Properties with REI Nation Grab Henry’s New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Ashley Connect with Henry Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1040 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is property “rezoning” the trick to making much more money in real estate? Our guest is using zoning laws to his favor by finding areas with hidden potential but NO space left to build. He then changes the zoning, builds new homes, and sells them FAST (and often over-asking price) to the local buyers waiting in line for inventory to arrive. You can do it, too, but you’ll need some beginner information before you start. Since 2016, Stuart Udis has been building homes in areas most investors overlook. The average investor sees an area with growing demand but realizes that they can’t build a home because a piece of land may NOT allow residential units, so they give up. Stuart instead gets both the city AND the local residents on his side, having all parties favor a zoning change, helping him be the only investor to build on that once-overlooked piece of land. So how do YOU do this, too? In this episode, Stuart walks through how he finds hidden opportunities in often-overlooked neighborhoods, the groups you’ll have to meet with before you try to change the zoning, and the types of units he’s building that give him the highest return on his money. In This Episode We Cover: Why “rezoning” property might be one of the most overlooked investing strategies  The big cash flow mistake that Stuart made earlier on in his investing career  The #1 reason you must look into school districts BEFORE buying in an area  Getting approval for rezoning from the city and the neighbors you MUST get on your side  How to tell exactly what a buyer/renter will want BEFORE you rezone/build  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Henry’s New Book, “Real Estate Deal Maker” Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area Can You Build Wealth by Rezoning Your Property? Yes! Here’s How Connect with Stuart Connect with Henry Connect with Dave (00:00) Intro (01:20) Buying $50K Houses! (05:06) BIG Cash Flow Mistake (09:05) Finding a Hidden Opportunity (13:45) Changing “Zoning” to Meet Demand (20:36) Getting Zoning Approval (24:57) What Buyers/Renters Want (26:37) Buying, Building, and Renovating Rentals Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1039 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing is great…sometimes. Other times, it’s NOT fun to be a real estate investor. While the pros, like financial freedom, generational wealth, and passive income definitely outweigh the cons, there are times when real estate investing makes you sit back and think, “Wow, I’m not having fun right now.” So we’re here to vent some of our biggest frustrations about the real estate industry, and if you’re an investor, landlord, house flipper, or property manager, you’ll probably relate.  These are the things that grind our gears the MOST. Now we’re not saying to ditch rental properties and real estate investing because of these downsides. Despite all these investment property pains, we still believe real estate is the best asset class for investing. But you will be hit with the headaches that we go through if you decide to invest. The good news? We will give you actionable tips to avoid the worst of these throughout the episode. If you’re brand new to real estate investing or are thinking of buying your first property, this is advice you need to hear before you begin so you can make the most money with the least amount of stress.  In This Episode We Cover: Why you really (really) don’t need to become an agent just to invest in real estate  Getting blinded by “exit strategies” and how it’ll cost you in the long run How Henry learned to work with contractors so he doesn’t get scammed or ghosted Why we’re begging you to stop doing “virtual staging” when selling a house  Etiquette for agents writing property descriptions (stop saying everything is “cozy”) How to improve your relationship with your tenants so you both can enjoy your lives  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Henry’s New Book, “Real Estate Deal Maker” Property Manager Finder How to Work With Contractors and Manage a Job Site as a Flipping Newbie Connect with Henry Connect with Dave (00:00) Intro (00:41) 1. Becoming an Agent Just to Invest (04:58) 2. Bad/Slow Communication (07:30) 3. Being Blinded by Exit Strategies (12:30) 4. Unrealistic Expectations (17:03) 5. Working with Contractors (23:22) 6. Agent Property Descriptions (25:07) 7. Virtual Staging (30:47) 8. SO. MUCH. PAPERWORK. (33:19) 9. Shady Wholesalers (37:36) 10. Tenants vs. Landlords Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1038 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discounted real estate deals could be coming THIS winter as the housing market begins to “thaw.” Today, Dave is flying solo, bringing you a housing market update on all the crucial factors real estate investors are looking at—home prices, mortgage rates, housing supply, and rent prices. Even with home sales falling by a massive margin, home prices are still at all-time highs, and the housing market is “stuck,” but we could see some sellers taking price cuts this winter if you’re willing to take advantage. Okay, but how can home prices still be THIS high when the total home sales are twenty percent lower than average and around fifty percent under the recent highs? It’s simple—affordability struggles. High rates, high prices, and “locked-in” homeowners staying in place keep the market frozen. So, why does Dave believe sellers will be more inclined to drop their prices this winter? Where does he believe interest rates will be by the end of the year? And what’s the one thing that could get the housing market “unstuck”?  In This Episode We Cover: Why Dave believes real estate deals are coming THIS winter  Mortgage rate predictions and how low rates could go by the end of this year Whether to buy now or wait for affordability to improve, prices to drop, and rates to fall  Why home prices are still rising EVEN with homebuyer demand plummeting  The MASSIVE drop in home sales since the pandemic boom and why prices have remained high  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Nearly A Quarter of Prospective First-Time Homebuyers are Holding Off Until After the Election: Redfin Survey Grab Dave’s Book, “Real Estate by the Numbers” Find an Investor-Friendly Agent in Your Area The Fed Finally Cuts Rates, but Will It Even Matter? Connect with Dave (00:00) Intro (00:50) Home Prices Are Changing (04:57) The Deals Are Coming (06:05) MASSIVE Decline in Home Sales (11:12) So…Why Are Prices High? (16:19) Mortgage Rate Forecast (18:14) Buy Now or Wait? (19:17) Rents Still Struggling (21:56) Winter Opportunity Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1037 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

These two college teammates built a sizable real estate portfolio in just three years by using what they call the “delayed BRRRR strategy.” They’ve used this specific real estate investing tactic (and the regular BRRRR strategy) to turn one duplex into more than a dozen rental properties for their portfolio. They didn’t start with a ton of money and only got into investing together in 2021 when housing competition was high, and rates were soon to rise sharply. So, how does their strategy work, and how can YOU use it to buy more rental properties? In this episode, these innovative investors, Joe Escamilla and Sam Farman, talk about why it’s CRUCIAL to have great real estate investing partners and how choosing the right one can be the rocket fuel you need to build a financial freedom-enabling rental property portfolio. They share the new “BRRRR” strategy (buy, rehab, rent, refinance, repeat) they’re using to get steady real estate cash flow AND boost their equity at the same time.  We’ll also talk about raising private capital and creating your own real estate syndication so you can buy more real estate using other people’s money and pass along the returns to your investors. Joe and Sam have built a real estate portfolio most investors can only dream of achieving, and they did it all in only three years, during high rates, and while working full-time jobs. Stick around to hear how you can do it, too!  In This Episode We Cover: The new-and-improved “BRRRR” strategy that lets you “recycle” your money  Signs of a perfect real estate partner and why getting this right is CRUCIAL for growth  Cash-out refinancing to reinvest in real estate and grow your portfolio faster  Why you DON’T want to sit on the sidelines while rates are high and competition is low Syndications and how to raise money for your next real estate deal  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Rich Dad Poor Dad Grab the Book on the “BRRRR” Strategy Find Investor-Friendly Lenders The Beginner’s Guide to “Infinite Investing” with the BRRRR Method Connect with Joe Connect with Sam Connect with Dave (00:00) Intro (01:26) The Perfect Partnership? (03:59) First Duplex in 2021 (11:38) This Works WITH High Rates (16:25) Using Other People’s Money (23:33) The New 2025 “BRRRR” Strategy (28:25) Who Does What? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1036 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Lake Effect” cash flow is starting to make landlords rich in this under-the-radar region of the United States. For the past few decades, mainstream real estate investing platforms have almost forgotten this region, and we’ve even overlooked it a few times. Here, landlords can buy affordable homes, make serious cash flow, and see significant investing advantages they can’t get in most other areas. Where are we talking about? Salt Lake? The Great Lakes? Lake Tahoe? Welcome back to this week’s BiggerNews, where we’re discussing everyone’s favorite subject—cash flow (and a LOT of it). We brought Real Estate Rookie co-host Ashley Kehr, a predominantly cash-flow investor, to the show to share why her home region is finally getting the recognition it deserves for real estate investing. If you want the residual income that will lead you to financial freedom and an early retirement, this is the region to look at. You can buy homes for a fraction of what they cost elsewhere, all while getting surprisingly high rent prices, leaving you with a serious supply of cash flow at the end of the month. We’re talking about the MOST affordable cities in this area, why the tech industry is moving in, and one crucial advantage that makes this market almost future-proof.  In This Episode We Cover: “Lake Effect” cash flow and why it’s making landlords wealthy in this affordable area  The most affordable (and cash-flowing) markets in this under-the-radar region Why more and more tech companies are moving into this overlooked area  Appreciation potential and the cities with cash flow AND rising home prices  The “booming” area that has serious infrastructure support for more jobs/businesses  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Get Banking Built for Landlords with Baselane Ready to Start? Grab “The Book on Rental Property Investing” Find an Investor-Friendly Agent in Your Area Top 10 Real Estate Markets for Cash Flow in 2024 Real Estate Rookie Podcast 10 Deals on a $20K Waitress Salary With Ashley Hamilton Connect with Ashley Connect with Dave (00:00) Intro (03:22) Still SUPER Affordable (08:32) Most Affordable Markets (11:30) Tech Industry is Moving In (14:57) Climate Resilience (18:56) Under-the-Radar Markets? (28:58) This Area is Booming (32:18) Even More Advantages? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1035 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Should I refinance my home NOW or wait?” If you have bought a property in the past two years, every day looks like a better and better time to refinance your mortgage. After the Fed’s big rate cut last month, mortgage rates did the unexpected…they went UP. But, even with these slightly inflated rates, now is looking like a good time to refinance if you bought a home with a higher interest rate. So, should you take the risk of waiting for mortgage rates to drop or lock in these substantially lower rates now? We don’t know what will happen next, so we brought on veteran lender Caeli Ridge to answer some of our more nuanced questions. Caeli summarizes where rates were, where they are today, and where they could be headed. If you want to know what refinance and HELOC (home equity line of credit) rates are right now, stay tuned because she shares exactly what her clients are getting. What about paying no or low interest on your next HELOC? Caeli shares what may be the greatest HELOC hack we’ve ever heard of—one that gives you lots of liquidity while keeping your interest payments at the absolute rock bottom. You may have never heard of anything like it, so don’t miss this one! In This Episode We Cover: Where mortgage rates are right now for refinances and HELOCs The HELOC hack that greatly minimizes your interest in your next equity line  Caeli’s interest rate forecast and where she thinks rates could be in the near future  When waiting to refinance could cost you, and whether rates may go UP again  The metrics that influence where mortgage rates will go next (what to pay attention to) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Wall Street wants a strong economy. It also wants Fed rate cuts. The two aren’t necessarily compatible Invest in Turnkey Properties with REI Nation Grab Dave’s Book, “Real Estate by the Numbers” Find Investor-Friendly Lenders With Mortgage Rates Falling, When Should Investors Refinance? Connect with Caeli Connect with Dave (00:00) Intro (01:52) Interest Rate Update (06:34) Why Rates Went UP (11:59) Should You Refinance? (18:17) Current Refi Rates (19:37) Best HELOC Hack (29:01) Interest Rate Forecast Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1034 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if you could not only replace but make MUCH more than your W2 salary with real estate investing? Now, imagine you could do it all in just two years. Sounds impossible, right? Today’s guest did precisely that, with more barriers than most. Jon Boyd left his W2 job to pursue real estate investing full-time, all while having to provide for his family of six! Now, he’s making much more than his job ever paid him and is building serious wealth in the process. How’s he doing it? It’s simple: direct-to-seller strategies anyone can try.  Unlike many real estate investors, Jon skipped heavily investing during the 2010s, so his wealth is NOT due to the rapid appreciation of 2020 - 2023. As his W2 whittled him down day by day, Jon knew he needed an exit option. So, he tried one simple direct-to-seller marketing strategy, found a great deal, made a serious profit, and decided, “Let’s go ALL-IN!”  Now, just a few years later, he’s a full-time real estate investor, doing over a dozen house flips in a year, with a portfolio of five rental properties, and making MUCH more than his job was paying. The best part? He does almost all of it himself, and if you’re willing to push past your comfort zone, you can, too! In This Episode We Cover: The one direct-to-seller marketing strategy Jon uses to find off-market, undervalued deals How to plan your financial safety nets when quitting your job for real estate  How to talk to a potential seller so they feel comfortable giving you the deal  The one thing you should do before you quit your job (or you’ll regret it!) How Jon does over a dozen house flips a year with ZERO employees  An unbelievably creative seller finance deal that most investors would never think of  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Henry’s New Book, “Real Estate Deal Maker” Find Investor-Friendly Lenders 10 Steps to Kickstart a Winning Direct Mail Campaign Connect with Jon Connect with Henry Connect with Dave (00:00) Intro (01:09) Given Golden Advice Early (03:43) Quitting His W2 Job (08:54) Taking a Big Risk (12:21) Looking for Off-Market Deals (16:10) Profit on Direct Mail (19:09) How to Talk to Sellers (22:56) Jon's Current Portfolio & Business (24:24) Doing 12-14 Flips by HIMSELF! (28:28) Most Creative Real Estate Deal Ever? (31:49) Can Anyone Do This? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1033 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are there “clues” that point to phenomenal real estate investing areas? We mean the areas nobody knew about until it was too late. The neighborhoods that seem to jump in price overnight, and everyone ends up saying, “I should have bought there when I had the chance!” What if there was a way to easily identify WHICH areas are in the “path of progress” and could make you serious wealth IF you buy today? We brought in an expert with two decades of experience picking these markets. James Dainard is a rental property investor, house flipper, private money lender, and every other role you can think of in real estate. He’s been investing primarily in one market for his entire career: Seattle, Washington. But, even though he’s sticking to this specific market, he’s diversified by having investments all around the entire metro area, even in places most people wouldn’t DARE to buy in. Today, he’s sharing his secrets, showcasing precisely what he looks at to identify these hidden but growing real estate areas WITHIN a market. We’ll discuss whether you should focus on the deal or the neighborhood first, “clues” that point to a solid investing area, why zoning will become your wealth-building best friend, and how to identify markets with solid cash flow or appreciation.  In This Episode We Cover: The “clues” that point to a rising real estate area most people DON’T know about yet Whether to choose a neighborhood FIRST or evaluate a deal based on its neighborhood  The magic of “upzoning” and how James uses this to boost his portfolio’s worth  The “path of progress” that will have your home value rising FAR faster than others  What to be cautious of when investing in a new area (these could ruin your real estate deal) Data sources you can use right now to pinpoint exactly where to buy And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab James’ New Book, “The House Flipping Framework” Find an Investor-Friendly Agent in Your Area Is That Neighborhood Up-and-Coming? Here’s How to Tell Connect with James Connect with Dave (00:00) Intro (02:35) Neighborhood or Deal First? (06:51) “Clues” of a Great Neighborhood (13:14) This is CRUCIAL (19:57) The Path of Progress (25:41) Stay Away from This (31:44) Do This FIRST Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1032 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to invest in real estate but feel like you don’t have everything it takes? You know you need money for a down payment, skills to manage tenants/perform renovations, and time to find the deals in the first place. But what if you only have one of these? Can you still invest in real estate even without the missing pieces? Today, we’re going to show you how to do just that, no matter how much time, money, or real estate experience you’ve got.  We’re walking through three scenarios with three different investors: Dave Meyer (who had no money/experience), Devon Kennard (who had money but no time/experience), and Tyler Madden (who had skills but limited time/money). Each of these investors was able to build a successful real estate portfolio, all while either being time-stretched, money-stretched, or not knowing how to swing a hammer. They’re sharing the secrets to hiring out/building the other skills so you CAN take down real estate deals, no matter what you’re working with. If you can combine all the pieces of this “resource triangle,” you have FAR higher chances of succeeding in real estate investing and reaching financial freedom. If you’re a rookie with no real estate to your name, worry not—we’re teaching you what you need to know in today’s episode.  In This Episode We Cover: The “resource triangle” investing theory and the three things you need to succeed (YOU don’t need all three!)  The most overrated skills in real estate that you can survive without  Building a team and hiring out/outsourcing the resources that you lack  How to start investing if you ONLY have time, money, OR real estate experience  Crucial skills that we WISH we had (you can make a LOT more money with these)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777 Grab the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Book Find an Investor-Friendly Agent in Your Area Mastering These 2 Skills Is Critical to Success in Real Estate Investing Connect with Devon Connect with Tyler Connect with Dave (00:00) Intro (04:54) Got Skills, But No Time/Money? (11:51) Got Money, But No Time/Skills? (18:24) Got Time, But No Money/Skills? (20:23) Getting Your First Deal Done (39:51) Building Valuable Skills (37:18) Most Crucial (and Overrated) Skills Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1030 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s the best way to build wealth in 2024? For many, it’s “value-add” real estate investing. You might know what this is, but you may have never heard the term before. Value-add investing is when you buy investment properties, improve them, increase the cash flow, equity, or both, and reap the rewards by holding onto them as rentals or flipping them for quick cash. Today’s investor, Tom Shallcross, is doing just this, but he’s making BIG returns (six figures on flips!) and funneling those profits into his sizable rental portfolio. And he’s doing it all in 2024. We know that everyone has told you how impossible it is to invest in real estate in 2024, but Tom instantly proves the naysayers wrong. Not only is he flipping houses, but he’s also buying rentals, BRRRRing (buy, rehab, rent, refinance, repeat), and doing it all in a competitive market—Chicago! So what’s he doing differently? Tom gets the deals before the rest of the investors in his area can, takes on BIG house flips that most investors are too scared to, and constantly reinvests the profits into more real estate. He’s been doing it since 2016 and is STILL finding success in today’s market. How’s he getting the best deals sent to him? How’s he making such large profit margins? We’re uncovering his exact strategy and method in today’s episode.  In This Episode We Cover: “Value-add” real estate investing explained and why it still works in 2024 Knowing your neighborhood “class” and why Tom switched from C to A How Tom is making six-figure profits on house flips even in today’s market  Real estate partnerships and the skillsets you need to build a profitable flipping/rental/rehab business  How to get real estate agents to send you properties BEFORE they hit the market  Using short-term projects (flips!) to fund your rental property portfolio  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area The “Value-Add” Playbook: How to Boost Equity and Bring in MORE Cash Flow Connect with Tom Connect with Dave (00:00) Intro (02:11) "Accidentally" Investing (06:46) Getting Started in Cheap Neighborhoods (09:47) Switching to A-Class Investments (11:59) Finding Deals Before The Rest (18:02) Current Flip Profits + Costs (26:30) Boosting Your Rental's Income (32:24) What's Next? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1030 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate “boomtowns” present a massive opportunity to investors in 2024. A few years ago, buyers were fighting tooth and nail to purchase properties in Austin, Boise, Phoenix, and other red-hot markets. Demand was growing in these cities, and prices were shooting up with no end in sight. But then…it stopped. Prices started declining, vacancy rose, and investors were stuck holding onto properties now worth less than what they paid. The interesting part? These market declines might be only temporary, and those who don’t buy now could be kicking themselves a few years down the road. To give us insight into which boomtowns are worth buying in and which are worth ignoring is Matt Faircloth, multifamily real estate investor. He saw many investors rush to these real estate boomtowns during the peak and are now struggling to fill their rental units as the boom became a bust. He’s identified a sneaky strategy that allows you to buy properties at a discount in these markets to make money while the FOMO investors search for an exit option. We’ll talk about the cities with the most hype, the ones worth investing in, the future boomtowns that most are ignoring, and the massive opportunity of “economic spillover” that could lead you to markets with the best future potential. In This Episode We Cover: The future “boomtowns” that most investors have no clue about (get in early) How boomtowns form and what to look at to tell if one is worth investing in  When is it too late to invest in a growing city (metrics to check before buying) The secondary markets with “economic spillover” boasting huge opportunity The sneaky move Matt is using to buy boomtown properties at a discount  What to do if you bought in a boomtown that is already declining  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Matt’s Book, “Raising Private Capital” Find an Investor-Friendly Agent in Your Area Corporate HQ Relocations Could Signal the Next Real Estate Boomtowns Connect with Matt Connect with Dave (00:00) Intro (02:39) Real Estate "Boomtowns" (06:07) How "Boomtowns" Form (09:44) Cities with the Most Hype (12:11) Hyped vs. Solid Housing Markets (16:33) When Is It Too Late to Get In? (20:41) HUGE Opportunity for Investors (29:26) What “Boomtown” Investors Should Do (35:15) Upcoming Boomtowns Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1029 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to invest $50K in real estate? We’re going to show you exactly how to do it, EVEN in 2024. You can use any of the four strategies we share to start investing in real estate with $50K or less, and you don’t need previous real estate investing experience to try them out. Some of these strategies are best for those who already own a home or are willing to invest out-of-state. But even if you want to stay in your area while investing in real estate, we have an option for you! Okay, so you’ve got $50K (or less) that you’ve saved up for your first real estate deal. Do you immediately start investing? NO. There are a few quick things that you need to do first (don’t worry, they’re free) before you can make your first real estate investment. Following these steps will help you make MUCH better choices on your next investment property and will let you sleep at night if/when things go wrong. After that, you can choose any of the four beginner strategies to start investing in real estate (we’re not just talking house hacking!). We even share an expert tip about some of the best markets to get into as a beginner with solid demand and lower home prices, allowing you to invest if you’re getting priced out (or have too much competition) in the bigger cities! In This Episode We Cover: How (and where) to invest $50K in the 2024 housing market  What you MUST do before you make your first real estate investment  A tax-free way for homeowners to build wealth with properties they already own The solid rental markets that have cheap home prices Why you DON’T have to do it alone, and how to increase your investing budget  The one tried-and-true best beginner investment almost every expert agrees on  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Buy Box Resource  Real Estate Rookie Podcast Real Estate Rookie YouTube Channel Get Free Property Management Software for Landlords with Hemlane Grab Ashley’s Book, “Real Estate Partnerships” Find an Investor-Friendly Agent in Your Area See Ashley and Dave at BPCON2024 in Cancun! Why Your Small Town Is (Probably) the Best Place to Buy Rentals Connect with Ashley Connect with Dave (00:00) Intro (02:50) Can You Start with $50K? (07:44) What to Do BEFORE You Invest (13:02) 1. Add Value to Your Home (19:10) 2. Buy a $160K Rental Property (25:05) 3. Get a Money Partner (32:21) 4. House Hacking (34:47) DON'T Overlook These Markets Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1028 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

After a strong case of “mommy guilt” working as an assistant principal, pregnant with her second child, Deba Douglas knew she needed a way out of the rat race. A run-in with Rich Dad Poor Dad prompted her to begin saving so she could start buying rental properties. She called her lender, found a property, and spent her and her husband's entire savings on the down payment. Little did she know that this one decision would set her life’s course in an entirely different direction. Now, just seven years after first looking into real estate investing, Deba has thirty rental properties and doesn’t work at her W2 anymore! How did she do it so fast, especially with kids to care for, bills to pay, and no prior experience in real estate investing? One BAD piece of beginner advice could have thrown her entire investing career off track, but she quickly learned from her mistake and leveled up at light speed! Deba is sharing how she went from real estate investing zero to hero, doing everything from BRRRR (buy, rehab, rent, refinance, repeat) investing, building new construction rental properties, flipping houses, and becoming an agent herself to help other investors. Want to escape the nine-to-five grind and get on the fast track to financial freedom? Do it all like Deba! In This Episode We Cover: The one critical mistake Deba made on her second deal that could have cost her severely The truth about becoming a real estate agent (and why it isn’t as easy as you think) Regular realtors vs. investor-friendly realtors (you CANNOT mix them up!) When it’s time to quit your job and become a full-time real estate investor Why Deba is still buying in a market that is seeing price declines in 2024 The massive benefits of new construction rental properties (and why they make sense in 2024) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab the Book, “Rich Dad Poor Dad” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Do You NEED an "Investor-Friendly" Agent? Connect with Deba Connect with Dave (00:00) Intro (02:00) Chasing Financial Freedom (05:16) First Property, Then BIG Mistake (14:16) Did It Work Out? (15:59) Quitting Her Job (20:53) Investing and Selling Homes (23:06) Deba's Portfolio (24:18) Building New and BRRRRing (26:50) Investing in a Declining Market (33:38) Goals and Best Beginner Investment Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1027 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

For years, we’ve been told that lower mortgage rates could reignite homebuyer demand and help improve affordability so first-time homebuyers (or even rookie landlords) can finally buy their first property. But, with mortgage interest rates lowering right before our eyes, we’re noticing something peculiar—affordability isn’t improving. Home prices are staying stagnant, if not rising. Thanks to America’s “golden handcuffs,” we’re still in a housing market standoff, but there might be some solutions to fix it. We’re bringing on The New York Times’ Rukmini Callimachi, a real estate correspondent, to shed light on the vast affordability crisis affecting America. With homes “unmanageably expensive,” regardless of whether you’re renting or buying, we need solutions that don’t just spark up demand (like lowering mortgage rates). There’s one glaring problem plaguing the property market, but why won’t anybody fix it? Today, we're cracking this discussion wide open, speaking on the solutions that could ACTUALLY increase affordability in the future, the rising homelessness problem affecting working Americans and students, and how NIMBYism (not in my backyard) could be forcefully put to stop as communities struggle to build enough housing. If you want to get in (or get back in) the real estate game, whether as an investor, house hacker, or first-time homebuyer, these solutions could directly affect you! In This Episode We Cover: Housing inventory update and the “golden handcuffs” keeping housing constrained  Why homebuyers are stuck and the magic interest rate that could unlock demand  The root of our housing problems and what we must do NOW to fix it  Growing homelessness (even among working adults) and why housing costs have gotten too high  Modular home building and how this new type of construction could change the housing market forever  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! On the Market Grab Dave’s Book, “Real Estate by the Numbers” Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Cheaper, Faster, and Better for Investors: Modular Homes Make a Comeback Read More from Rukmini Interest Rates Have Dropped, but Homeowners Are Not Moving Connect with Dave 00:00 Intro 02:35 America’s “Golden Handcuffs” 06:52 Homebuyers Are Stuck 11:30 Affordability Solutions 23:55 Growing Homelessness 26:14 Construction MUST Change 29:56 Let’s Get DENSE Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1026 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you make the same returns as active real estate (if not more) with “passive” real estate investing? What if you’ve got a busy day job, hobbies you want to pursue, or don’t have the landlording drive to build a rental property portfolio? Well, passive income investing might be just what you need. How do you know you’re the right fit for it, and what kind of real estate investments are the most passive? We’re giving you what you need to get started. We’ve got two active and passive real estate investors, Devon Kennard (former NFL player!) and Kathy Fettke, on the show to break down the differences between active and passive real estate investing. We’ll discuss who should invest in each type and whether it’s worth it to stay at your job and invest passively on the side. Plus, we’re all sharing our favorite active and passive investments that we’re putting our money into today. But how much of a return can you make when you’re investing passively, doing less of the work? We’re giving you real return numbers from some of our passive income sources so you can know what to expect when putting your money to work. In This Episode We Cover: Active vs. passive real estate investing and which one YOU should choose How much you can make with passive investing and the returns we’re getting  Why you may NOT want to quit your job to go into real estate (you can STILL invest) Real estate note investing and why Devon is going all-in on this active/passive investment  Why new real estate investors should NOT be passively investing…yet  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! On the Market Podcast  PassivePockets Podcast Scaling Smart Start with Strategy  Try Baselane, the One Platform for All Your Property Banking & Finances Pre-Order Devon’s New Book, "Real Estate Side Hustle" Property Manager Finder See Dave, Devon, and Kathy at BPCON2024 in Cancun! What Is Passive Real Estate Investing And Is It Right For You? Connect with Devon Connect with Kathy Connect with Dave (00:00) Intro (03:18) Active vs. Passive Investing (09:13) Who Should Passively Invest? (14:45) Better Returns with Passive Investing? (19:20) Who Should Actively Invest? (25:42) Real Estate Note Investing (28:59) Best Active and Passive Investments Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1025 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Baum owns just one rental property, but this one property alone has changed his life. It’s allowed him to become such an investing expert that he’s constantly being asked for his opinion on the BiggerPockets forums, and he provides some of the most well-thought-out investing advice on the internet. So why does he have just one rental property, and why doesn’t he grow using his expertise? The answer isn’t that obvious.  You wouldn’t know it, but Mike is permanently disabled. After overworking so hard that he ended up losing his vision, he was placed on disability for the rest of his working career. This high achiever was forced to slow down and find something else that could replace his day job. Shortly after his diagnosis, he found BiggerPockets and turned a family vacation home into a short-term rental. Now, he’s got systems and processes that help him self-manage with very few headaches, and he will probably keep this property as his one and only rental for life. Why didn’t he “FOMO” in when everyone was gobbling up real estate in 2020? Why didn’t he grow his portfolio to become the next tycoon? Mike has some clear answers for why he did what he did, and after listening to him, you might change what you want, too.    In This Episode We Cover: Why you DON’T need a large real estate portfolio to find financial success when investing Why Mike tells beginner investors that they should NOT buy a short-term rental property The systems and processes Mike made to automate his vacation rental self-management (so he works less!) One thing you should do NOW before you start investing in real estate (it’s free!) The real result of “FOMO” investing and how to stop shiny object syndrome from blowing you off course  And So Much More!   Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Short-Term Rental & Airbnb Investing Forum Ask Your Question on the BiggerPockets Forums Grab the Book, “Short-Term Rental, Long-Term Wealth” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started Connect with Mike Connect with Dave (00:00) Intro (02:34) Losing Sight After Overworking (05:24) Empty Lake House? (08:52) Managing a Vacation Rental (12:20) Know This BEFORE You Buy (17:17) Just ONE Property (20:56) No-FOMO Investing (26:21) A “Very Interesting” 2025 Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1024 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow is hard to find in 2024, but these real estate markets have plenty of it. Since so many previously “cash-flowing” markets have seen rising prices, higher expenses, and limited housing inventory, we went back to the drawing board to reevaluate which markets in the United States offer the most cash flow potential. Today, we share these markets and hone in on two specific ones with real-life on-market examples to prove that cash flow is still possible. But before we get into that, we’re sharing the cash flow formula even beginners can use to quickly calculate whether a rental property will cash flow. Then, we describe what type of cash-on-cash return WE target in today’s market and list some of the most cash-flowing markets of 2024. Want to see real cash-flowing rental property examples? We’re hopping over to BiggerPockets Deal Finder as we quickly analyze two separate rental properties in two cash-flowing markets to prove that these properties do sport some serious cash flow. Don’t believe us? Head over to BiggerPockets Market Finder, where you can see the nation’s top rent-to-price investing areas (that’s where the cash flow is!).  In This Episode We Cover: Two cities that have cash-flowing rental properties for sale RIGHT NOW Precisely how to calculate cash flow for rental properties (and why most investors do this wrong) The optimal cash-on-cash return we target that properties must meet before we bid on them The 1% rule explained and whether or not it’s still worth using in 2024 When to sell a cash-flowing rental, even if it’s making you mailbox money every month  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! On the Market BiggerPockets YouTube BiggerPockets Real Estate Investment Calculators Try BiggerPockets Deal Finder Learn All the Rental Property Formulas with “Real Estate by the Numbers” Find an Investor-Friendly Agent in Your Area See Dave and Henry at BPCON2024 in Cancun! Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Henry Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1023 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Struggling to pick what to invest in, especially when real estate prices and mortgage rates are still so high? Many investors are sitting on the sidelines, saving cash for their first or next investment property, but nothing seems to work out. So what do you do, keep your money socked away or invest in other assets that aren’t real estate while waiting for the right time to pull the trigger? We know many of you are in this position, so today, we’re sharing what we’re investing in that ISN’T real estate. This may be a surprise, but even some of the most well-known investors in the BiggerPockets universe aren’t 100% in real estate. Dave Meyer, Brian Burke, and Mindy Jensen all don’t have even half of their net worths in real estate investments. As such respected real estate investors, what else are they putting their money into that ISN’T more rental properties?  In this episode, you get to peek into our investment accounts as we share exactly what we’ve been investing in, how we diversify our investment portfolios, and the “riskier” assets we put our money into that you may not even know exist. So, if you’re struggling to buy real estate or just don’t think investment properties are for you, worry not; you can still build wealth without purchasing a property.  In This Episode We Cover: Alternatives to real estate investing that we’re investing in NOW  Diversifying your investment portfolio and why you SHOULDN’T hold just one type of asset  The “riskier” investments that we’re making and how much money we allocate for them  De-risking your portfolio by buying safer, passive, less volatile assets What beginners should do to build wealth even with a small(er) amount of money   Whether to continue waiting on the sidelines or start investing NOW And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! BiggerPockets Money Podcast  On the Market Get Banking Built for Landlords with Baselane Invest Passively with Brian’s Book, “The Hands-Off Investor” Find an Investor-Friendly Agent in Your Area See Dave and Mindy at BPCON2024 in Cancun! Real Estate Isn’t Enough—Here’s How Three Pro Investors Diversify Their Portfolios Connect with Brian Connect with Mindy Connect with Dave (00:00) Intro (03:16) How Much Real Estate We Own (06:33) Allocating Your Cash (11:17) "Riskier" Investments (18:40) What Beginners Should Do (27:51) Diversifying Your Real Estate (35:32) Wait to Buy? (38:49) What We WANT to Invest In Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1022 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Glamping” investments have slowly become massive money-makers in the real estate industry. What used to be someone setting up a tent and potentially a portable toilet for guests looking to get into nature has now become a full-blown luxury business that travelers will pay good money to get a taste of. One large glamping property allowed today’s investor, Garrett Brown, to replace his music producer job and reach levels of success most short-term rental investors can only dream of. Garrett owns a ten-acre piece of land in a lake town outside Houston, Texas. Even though many non-Texans won’t be familiar with the area, local travelers flock to it to escape the big city. Since buying the property, Garrett has made some serious expansions, such as building cabins (and even geo-domes) with WiFi, running water, and the creature comforts many of us don’t want to live without. Plus, Garrett is doing it all while getting most of his bookings directly from social media. That’s right, he has (mostly) cut out Airbnb and other middlemen booking platforms, so he keeps much more of the profit and even gets his guests to upgrade with “add-on packages” that make the deal even sweeter. You can do it, too, but you’ll need to hear how Garrett does it in this episode! In This Episode We Cover: Why “glamping” has become such a popular (and profitable) version of short-term rental investing The “sixty-thirty-ten” rule that helps you identify the best areas for short-term rentals  Leaving your career to build income streams that don’t take up all of your time How to get seventy to eighty percent of your guest bookings through direct booking Why you should offer your guests “add-on packages” that help make YOU more revenue The reason you should “start small” when building out your glamping sites And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Put Your Vacation Rental on Autopilot with Hospitable Grab the Book, "Short-Term Rental, Long-Term Wealth" Find an Investor-Friendly Agent in Your Area See Dave and Garrett at BPCON2024 in Cancun! Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started Connect with Garrett Connect with Dave (00:00) Intro (01:49) Music Producer to…Real Estate? (08:50) His First House Flip (11:50) Switching to Short-Term Rentals (18:11) Buying 10 Acres and Building Cabins (23:57) Can Anyone Do This? (30:21) Getting Guests Through Social Media (34:33) Start Small! (36:31) Learn from Garrett! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1021 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rent prices have come down to earth after their meteoric growth of 2020 - 2022, but what will they do in 2025? Will we continue to see slow (or no) rent price growth, or could lower interest rates push more households to form and demand to jump? With so much multifamily housing supply and the Fed’s recent rate cut decision, we’ve got a lot to unpack on this BiggerNews episode. Thankfully, we have Apartment List’s Chief Economist, Igor Popov, to help us. We’re talking about rent prices: where they are, where they’re going, and what’s impacting them in 2024 (and into 2025). Unsurprisingly, we’ve got a lot of multifamily supply—apartments are giving huge concessions to lease up. But what if we told you we were oversupplied AND undersupplied at the same time, and in a few years' time, demand could heat up again? Igor gives a rare 2025 rental market forecast, his take on what’s impacting rent growth, and whether the “oversupply” of multifamily is hurting single-family rental investors’ chances to get higher rents. In This Episode We Cover: A 2025 rental market forecast and whether we’ll see rents grow, decline, or flatten next year The areas where all the rental money is moving to (things have REALLY changed) More renter control as the oversupplied multifamily market searches for tenants Why the housing market is currently in a dangerous flood-drought combination  Will sluggish multifamily rent prices push single-family rents down with them? And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Apartment List Research Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! What Happens to Rent Prices When 1,000,000 New Units Come Online in 2024? Connect with Dave (00:00) Intro (03:55) Anything But “Normal” Rent Prices (08:54) Money is in Suburbs (12:59) More Renter Control (17:00) Multifamily vs. Single-Family Rents (18:09) Lots of Supply, Not Enough Supply (23:08) 2025 Rent Prediction (25:52) Learn More from Igor! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1020 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can your mistakes make you a millionaire? If you’re like Craig Curelop and learn from what went wrong, then yes! Craig is now financially free, with millions of dollars in equity, thousands in monthly cash flow, and a thriving business. But, back when he was starting, he made a few mistakes that cost him a sizable amount of money, took years of time away, and put serious stress on his shoulders while trying to grow his real estate portfolio. Thankfully, you can take his lessons to heart, so YOU don’t have to make them yourself. Today, we’re talking about one of Craig’s real estate deals that went wrong. What was supposed to be a profitable out-of-state BRRRR (buy rehab rent refinance repeat) investment quickly turned into contractor scams, danger, theft, and even…love. Yes, love is part of it, too. Craig lost a significant sum on this deal, but if you follow his advice, you don’t have to repeat the same mistakes. Even though this was a property from hell, Craig still kept investing, eventually reaching financial freedom and living his dream life. Something WILL go wrong when you start investing in real estate—just make sure it wasn’t what Craig went through. In This Episode We Cover: Real estate investing mistakes that lost Craig money on his first out-of-state investment  Interviewing agents and why it isn’t enough to work with someone based on a good feeling The easy way to avoid a contractor taking your money WITHOUT doing work Why a cheap deal doesn’t mean it’s a good deal (be really careful) Cutting your losses early and when you should give up on a project that’s going south Why you MUST check references on everyone you work with on a real estate deal And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Craig’s Book, “The House Hacking Strategy” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun!  Contractor Nightmares: 5 Red Flags to Watch For and How to Escape a Bad Hire Connect with Craig Connect with Dave (00:00) Intro (02:04) House Hacking 8 Times! (05:28) One Really Bad BRRRR (14:41) Worst Contractor Ever? (25:59) Finally Selling It (27:54) The Good Ending (30:10) Failing Fast (34:45) Should I Fire My Property Manager? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1019 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your small town might be the best place to invest in real estate, even if it’s got only a few thousand residents. We know—everyone has told you to go to the bigger, growing cities where you can chase appreciation, but today’s guest might change your mind. He was able to scale to over twenty rental properties in just a few years, all by buying in his rural Ohio town that you’ve probably never heard of. Even better? He bought the rentals with none of his own money, AND he was cash-flowing THOUSANDS per month. So how do you do it, too? Josh Bauerle tried to invest in real estate back in 2006. What was supposed to be a “quick flip” turned into a thirteen-year investment, which (thankfully) made a bit of money by the end. After taking a decade off from real estate investing, he got back in the game, first by buying a rental from his father and then by purchasing a twelve-unit real estate portfolio from a local friend. He then scaled FAST to a serious amount of rentals, all in a tiny town with a small population. After that, he stumbled upon the best-kept cash flow secret in real estate investing: section 8 rentals. Today, Josh is sharing how he did it without using his own money, and how you can do it, too, whether you’re in a sizable city or a small town. In This Episode We Cover: Why living in a small town is a HUGE advantage for real estate investing Seller financing 101 and how to buy rental properties without getting a traditional loan Using other people’s money to build a rental property portfolio Section 8 rentals, the pros and cons, and why they get you MORE rent than regular rentals The simple way that Josh has found his off-market real estate deals with social media And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Get Free Property Management Software for Landlords with Hemlane Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! The Pros and Cons of Accepting Section 8 Housing Connect with Josh Connect with Dave (00:00) Intro (01:27) A Failed "Quick Flip" (05:47) Taking a 10-Year Investing Break (09:17) Buying 13 Units at Once (15:13) Quitting His Job/Business (18:26) Using Other People's Money (20:11) Moving to a Bigger Market (23:53) Making More with Section 8 (30:10) Scaling Fast! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1018 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The next Fed meeting is crucial for real estate investors and the economy. So, what will the Fed do? Are we getting the 0.25% rate cut that many experts predict, or will a 0.50% rate cut come due to further weakening of the economy? The job market is already struggling, and the Fed needs to make a move—fast. The question is: will whatever they do next be enough to stop us from falling into a high-unemployment economy? We’re getting into it in this BiggerNews! We brought in the chief economics correspondent for The Wall Street Journal, Nick Timiraos, to give us the latest update on the Fed, what could happen in September’s Fed meeting, and what’s in store for rate cuts. Nick agrees that this meeting is more crucial than most and that the decisions made could significantly impact the economy and real estate. How many rate cuts will we get this year? How big will the rate cuts be? And who’s deciding these rate-cut decisions in the first place? Nick knows the Fed better than almost anyone and shares exactly what they’re thinking and where they believe rates are headed in today’s episode. In This Episode We Cover: 2024 Fed rate cuts and how big the first one could be at the next Fed meeting  Why rising unemployment is putting even more pressure on the Fed to make a move Whether or not home prices could shoot back up once mortgage rates fall How many rate cuts is the Fed expecting to make in 2024 (more than we thought before!) The “signal” that the Fed is sending with their decision in the next Fed meeting  And So Much More! Links from the Show Invest in Turnkey Properties with REI Nation Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Try Baselane, the One Platform for All Your Property Banking & Finances Thrive in Any Market with “Recession-Proof Real Estate Investing” Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! The Fed Is Planning to Cut Rates Soon. Here’s How Investors Should Prepare Learn More from Nick Connect with Dave (00:00) Intro (02:10) The Fed Explained (03:59) September's Crucial Fed Meeting (07:05) Who Decides the Rates? (13:23) 0.25% or 0.50% Rate Cut? (17:27) Risks to Real Estate (23:30) Unemployment is Rising (29:33) Rate Cut Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1017 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Scale smarter with Kathy and Rich’s new book, Scaling Smart! Own real estate? Feeling burnt out? Then you need to listen to this. You've wondered how to scale your real estate portfolio so you can make more money and finally reach financial freedom. And then, at some point, you realize you own rentals and are making money but have zero time. Now, you’re burnt out, wondering where that “financial freedom” went and how you can get back to it. But you’ve got an entire business riding on your back. You can’t stop, so what do you do? Don’t worry—we have the secret.  Kathy and Rich Fettke felt like this a decade ago. Kathy was so stressed that she had zero interest in growing her business any bigger than it was. It was already taking so much out of her, and the stress was only rising. She turned to her husband, Rich, to help coach her into a better position to scale the business instead of blindly growing it. Now, in 2024, Kathy and Rich have amassed a sizable real estate portfolio, run an investor-centered business, and are doing more in less time with less stress. If you want what Kathy and Rich have, stick around and pick up their new book, Scaling Smart, where they teach you how to scale your business the right way, outsource to free up time, and STOP chasing “more” when it’s coming at the cost of your family or time freedom. Want to scale the right way and build a business, not burnout? Don’t miss this episode. In This Episode We Cover: How to scale your real estate portfolio (or real estate business) the right way  Why “growing” isn’t always the right move and could lead you to stress, burnout, and unhappiness  Making your first hire and how to design the perfect structure for your portfolio  Why you need to STOP doing the things you hate and get someone on your team who loves to do them instead  The two major hurdles most real estate investors face when scaling (and how to overcome them) Knowing your “why” and how to have time freedom instead of mindlessly amassing wealth  And So Much More! Links from the Show Invest in Turnkey Properties with REI Nation Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab Rich and Kathy’s New Book “Scaling Smart” Property Manager Finder See Dave, Kathy, and Rich at BPCON2024 in Cancun! How to Build a Real Estate Portfolio & Quickly Scale Your Investments Connect with Kathy Connect with Rich Connect with Dave (00:00) Intro (02:13) Stop Growing, Start Doing This (06:31) Choose Life Over Business (12:57) How to Start Scaling (21:02) Do More in LESS Time (24:42) Making Your First Hire (29:13) When Is It "Enough"? (36:38) Grab "Scaling Smart"!   Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1016 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are high interest rates and large down payments stopping you from investing in real estate? If so, creative finance might be precisely what you need. It’s what today’s guest, Ankit Lodha, used to go from zero rental properties to THIRTY in just a couple of years. Sounds risky? What if we told you Ankit was walking into equity when he bought these deals, keeping him from being overleveraged and helping him build wealth faster? After saving up for over a decade to buy his first property, Ankit quickly realized that building wealth would be a slow grind if he didn’t solve his down payment problem. He was working hard as a data scientist by day, looking for real estate deals by night, and needed a solution to help him creatively buy real estate WITHOUT putting twenty-five percent down on every property. After finding a sweet spot in his local housing market, where he made substantially more rent than other landlords, he knew he needed more properties. Today, Ankit talks about how he scaled from zero to thirty properties using creative financing, seller financing, and traditional mortgages. He’ll talk about how he dodged the high mortgage rates most investors were forced to accept, how he built a team and runs his properties remotely, and the ingenious ways he buys houses for very little down with high cash flow. In This Episode We Cover: Creative financing explained and using it to build your real estate portfolio faster Low money down real estate with seller financing and creating a win-win for you and the seller Making twice his mortgage payment in rent by tapping into this “gray area” of his market Building his team while working full-time and managing his rentals remotely Making a fifty percent return on one very creative real estate deal The risks of creative finance you MUST know about before you start And So Much More! Links from the Show Invest in Turnkey Properties with REI Nation Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Learn Creative Finance with “Wealth without Cash” Property Manager Finder See Dave at BPCON2024 in Cancun and Email conference@biggerpockets.com For a Chance to Dine with Dave! Creative Financing: How To Use It In Real Estate Connect with Dave   (00:00) Intro (01:47) Data by Day, Deals at Night (05:51) Moving and Remote Management (11:07) Making 2x His Mortgage (17:15) Building the Team (20:38) Creative Solutions with HUGE Returns (29:16) Low Money Down Strategies (30:11) Next-Level Seller Financing (34:25) Creative Finance Risks (37:41) Long-Term Vision Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1015 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are new construction homes a good investment right now? Well, that depends. If you want a lower price for a property in a better condition, with a lower mortgage rate and the ability to charge more rent, then new construction homes are what you need. This “sleeper” investment is now cheaper to buy than a regular rental property, but since it’s a new build, it comes with a fraction of the headaches and repairs than most “used” homes. So if they’re cheaper, better, and make you more money, why isn’t everyone buying a new home? Kathy Fettke has been investing in new construction homes for decades. At first, it was just a way for her to have a more passive real estate portfolio. But now, she knows she can make much more with new homes than buying existing rentals. Since so much of her portfolio is new builds, we brought her to the show to share why this investment may be the best on the market. We’ll get into new construction pricing and why new homes are CHEAPER than existing homes but offer better amenities, safer structures, and often much lower insurance prices. Next, how to get a rock-bottom mortgage rate by negotiating with builders (we’re talking three or four percent interest rates!). Plus, Kathy shares precisely how to ensure you’re buying a new home in the path of progress so you can rake in appreciation. In This Episode We Cover: Why new construction rental properties may be one of the best investments of 2024 Saving serious money on your mortgage with rate buydowns paid for by the developers Why new construction home prices are CHEAPER than existing home prices in 2024 Buying in the “path of progress” to ensure your home value keeps growing Factoring in appreciation into your next deal and whether you should account for it at all And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Pre-Order Kathy’s New Book “Scaling Smart” Property Manager Finder See Dave and Kathy at BPCON2024 in Cancun! We’re in a Home Construction Golden Age—Here’s How Investors Would Benefit From Building On the Market Podcast Connect with Kathy Connect with Dave (00:00) Intro (02:03) Buying New Homes at a Distance (06:42) The “Path of Progress” (11:11) New Homes vs. Build-to-Rent (19:25) Get a Lower Mortgage Rate (24:14) Where (Not) to Buy (30:10) Forecasting Appreciation Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1014 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate risk can make you wealthy or cause your portfolio to come crashing down. Like any type of investing, real estate can be risky. However, the amount of risk you take changes depending on the deal. Today, we’re helping YOU figure out how much risk YOU should be taking based on your goals and then share some expert risk management tactics so you can be prepared even if a “black swan” event throws your entire real estate investing plan out the window. Ashley Wilson started investing in real estate at a risky time. It was 2009—nobody knew if the housing market would face another significant downturn and crash again. Thankfully, due to determination (and a bit of helpful ignorance), she invested at a time that turned out to be one of the best in history. Now, running massive multifamily real estate deals, Ashley has not only survived but thrived through high interest rates, a pandemic, falling rents, and economic uncertainty. What does she do differently than most investors? She faces her real estate risks BEFORE they happen, and today, she’s showing you how to do the same. We’re talking with Ashley about risk management, how much risk you should take based on your goals, the “buckets” of risk and what you CAN control, and what to do NOW to limit your risk of loss. In This Episode We Cover: Real estate investing risks and how to mitigate them before it’s too late Dodging black swan events and what to do BEFORE a rare risk hits you The controllable risks you can plan for NOW that’ll protect your wealth during troublesome times Risk profiles based on whether you’re building, preserving, or tax-sheltering your wealth Why shiny object syndrome will cause you more headaches (and loss) than you think And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Multifamily like Ashley with "The Multifamily Millionaire, Volume I" Property Manager Finder See Dave at BPCON2024 in Cancun! Today’s Real Estate Risks: What Are Investors Ignoring? Connect with Ashley Connect with Dave 00:00 Intro 03:38 3 Types of Investor "Risk" 07:22 Investing During "Risky" Times 11:18 The "Buckets" of Risk 14:46 Dodging "Black Swan" Events 18:52 Risk Mitigation Tactics to Use NOW 23:53 The Risk of Loss Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1013 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rent-to-own real estate can make you more cash flow, with less risk and fewer expenses, all while helping tenants become homeowners. But if it’s so good, why isn’t everyone doing it? Simply put, most investors have no idea that rent-to-own real estate is even possible! So today, we’re talking to an investor, sharing the ins and outs of this lucrative strategy, and showing you how she scaled from zero to over fifty units, half of which are thanks to this strategy. Maura McGraw and her husband quickly realized that being active-duty military members wouldn’t lead to the stable family life they dreamed of. They needed a way out while still making enough money to provide. So, they pivoted and began formally studying real estate. After a first deal left them with a $30,000 loss, Maura did what most wouldn’t and got back out there searching for another deal. After dozens of flips and numerous rentals, she stumbled upon rent-to-own investing—a strategy that would fuel her real estate portfolio’s growth. Imagine getting monthly rent checks without repair and maintenance expenses or insurance costs. That’s what rent-to-own can provide! We’ll talk about analyzing a market, screening tenants/buyers, profit margins, and how YOU can start investing in rent-to-own real estate in your market! In This Episode We Cover: How to make more cash flow with less risk by providing rent-to-own options to tenants The four major ways to make money from a rent-to-own real estate deal  Who makes the perfect buyer/tenant when offering rent-to-own opportunities  What happens when a tenant defaults on the loan, leaving you with the down payment  Screening tenants/buyers before you offer them a rent-to-own opportunity  Why losing money on your first real estate deal does NOT mean you should give up And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find Your Perfect Investing Strategy with Dave’s New Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! What Are Rent-to-Own Homes? Connect with Maura Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1012 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments are through the roof. This can’t last forever, and some new government policies are trying to ensure it doesn’t. In this week’s BiggerNews, we’re talking to Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, about what policies could benefit the country and whether or not they’ll actually pass. We’re also getting into Vice President Harris’ housing plan and former President Trump’s housing plan to see what each candidate believes could bring more affordable housing to the market. With President Biden’s recent rent control proposal, many real estate investors are worried their rents could be capped. But will this nationwide rent control proposal go through?  Plus, what effect does affordability have on current homeowners and investors? Low supply means more demand and higher home prices, but could it come at the cost of your local economy, as renters and would-be homebuyers struggle to afford a home? We’re answering it all in this episode of BiggerNews!  In This Episode We Cover: The housing affordability problem and new government proposals aiming to help  Factors that are making housing so unaffordable and why we’re at forty-year lows  Regulatory and zoning reform, and why we must make construction easier  Harris’ housing policy and new incentivizes to build 3 MILLION homes Trump’s housing policy and using government land for new construction  Biden’s nationwide rent control proposal and whether or not it has enough support to pass  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book “Start with Strategy” Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Bipartisan Policy Center Rent Regulation  Freakonomics - Why Rent Control Doesn’t Work Connect with Dave (00:00) Intro (02:14) Promoting Affordable Housing (03:04) Our Massive Affordability Problem (05:49) What Needs to Change (10:00) Harris' Housing Plan (14:01) Nationwide Rent Control? (18:33) Trump's Housing Plan (22:08) How Affordability Impacts Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1011 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wondering how to invest in real estate so you can finally quit your job? Then, this episode might surprise you. While most real estate educators online are constantly stressing how you must leave your W2 so you can become a full-time real estate investor, today, we’re going to do the opposite, proving why most real estate investors SHOULD keep their job and let real estate supplement their dreams, instead of becoming their dream. Take it from Lawrence Briggs. He’s an avid BiggerPockets listener who moved to a different city just to invest in real estate. With such passion and drive, you’d think he wants to become a full-time landlord. But the truth is…he doesn’t. His passions go far beyond managing tenants and fixing toilets, so he uses real estate to amplify his lifestyle and protect his finances so that he never HAS to get a job but can choose the exact job he wants to work. Today, we’re talking to Lawrence about balancing your W2 job with real estate investing, why you DON’T need to quit to reach (even a small amount of) financial independence, the side hustle he used to save up for his first rentals, and how he works just a few hours a week managing his real estate portfolio. This is the realistic way to build wealth through real estate, and if Lawrence can go from poverty to multi-unit landlord, you can invest, too! In This Episode We Cover: How Lawrence escaped generational poverty through sacrifice and smart investing  Why Lawrence does NOT want to quit his job for real estate but would do something else instead  Moving to invest in real estate and why your salary-to-home-price ratio matters  The realistic way to spend just a few hours a week managing your rental properties  One super flexible side hustle Lawrence used to make money, learn how to invest, and find properties  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777 Enter to Win a Free Ticket to BPCON2024 by Leaving a Positive Review on Apple or Spotify and Sending a Screenshot to BiggerPockets on Instagram Grab Dave’s Newest Book, “Start with Strategy” Property Manager Finder See Dave and Lawrence at BPCON2024 in Cancun! Should You Quit Your 9-5 Job to Become a Full-Time Real Investor? Connect with Lawrence Connect with Dave (00:00) Intro (01:31) BPCon2024 Giveaway! (02:55) Switching Jobs to Invest (11:24) Food Delivery Side Hustle (16:31) I DON'T Want to Quit (18:52) Breaking Generational Poverty (21:34) Dream Job for Investors (26:37) Time Spent Managing His Rentals (31:12) You Don't NEED to Quit (33:55) The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1010 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Don’t have enough money to buy rentals? Neither did Brandon Tilson. As a social worker, he was never on the higher end of the income scale, but thanks to some serious side hustles, he now has eight rental units in just two years! How did he do it while working full-time and having a family to feed? Today, we’re talking to Brandon about why ANYONE can invest in real estate, no matter your experience, salary, or cash in the bank. Brandon doesn’t have just one side hustle, or two, or three—he has five separate side hustles, leaving him with six jobs to take care of. It’s no surprise that Brandon works anywhere from sixty to eight hours a week, but it’s all been worth it for him, especially after seeing his real estate holdings go from zero to eight rental units in an extremely short period of time. Now, he’s less than ten years away from financial freedom, allowing him to retire early if he wishes to at just forty-five years old! Brandon gives crucial advice for anyone trying to invest in today’s market, even with higher interest rates. We talk about different side hustles that bring in extra income, how he funded his first deal, what to do when your renovation becomes a “trainwreck,” and whether or not getting your real estate license is worth it. Plus, why investing alone is much harder than doing it with a partner (or spouse!). In This Episode We Cover: How Brandon scaled to eight rental units in just two and a half years (even on a lower income!) Making extra income every month with real estate (and non-real estate related) side hustles Using a HELOC (home equity line of credit) vs. a cash-out refinance for your first rental  Whether becoming a real estate agent is worth it as a part-time side hustle  Finding your financial independence number and why it’s crucial to know how much you need to be set for life Why you should not DIY your home renovation (even if you have the time)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Episode #1,009 Invest in Turnkey Properties with REI Nation Get Started with “The Book on Rental Property Investing” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! 6 Rental Properties in 15 Months (While Working 3 Jobs!) w/Brandon and Dani Tilson Connect with Brandon Connect with Dave (00:00) Intro (01:31) Investing While Working 6 Jobs! (07:24) First “Trainwreck” Deal (16:17) Second “Turnkey” Property (19:33) Becoming an Agent? (23:13) His Financial Freedom Number (26:08) Investing On a Low Income (29:13) Early Retirement at 45! (32:06) Advice for New Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1009 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are Airbnb bans actually hurting renters, homebuyers, and your local economy? The truth doesn’t seem so obvious, but new data shows the unintended consequences of banning Airbnbs and short-term rentals, especially in big cities. To get a take from someone inside the industry and with plenty of data to share, we invited Taylor Marr, Senior Housing Economist at Airbnb, to the show to explain how Airbnbs affect the economy, affordability, and housing supply. For years, there have been claims that short-term rentals take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas. But new data is saying something very, very different. Today, Taylor talks about how Airbnbs and short-term rentals change a local economy, the amount of money this type of local hospitality provides to small businesses, and why affordability ISN’T improving in areas where Airbnbs are banned. We’ll also discuss the age of “experiences” and how hosts can earn more by catering to a new kind of traveler willing to spend. Do you have a short-term rental or want to make money with one in the future? Then don’t miss this episode! In This Episode We Cover: A short-term rental market update and how Airbnbs are faring in 2024  Airbnb supply and whether or not the short-term rental market is oversaturated  Tips for hosts to take advantage of “experiences” and make more money from their vacation rentals  The $80B impact Airbnb has on local economies and the real result of banning them  How Airbnb is working with local governments to IMPROVE affordability and tourist spending   And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Follow Taylor on Twitter Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill Ready to Invest? Grab the Book, “Short-Term Rental, Long-Term Wealth” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Airbnb Bans Only Make Tourism More Expensive. Just Ask New York Connect with Dave (00;00) Intro (02:33) 2024 Housing Market Update (05:52) Effects on Short-Term Rentals (09:47) Airbnb Supply Update (11:16) Are Airbnbs Oversaturated? (14:07) The Age of "Experiences" (16:43) How Airbnbs Impact Local Economies (25:05) Side Effects of Airbnb Bans (34:30) Tips for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1008 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

New to real estate investing? In the beginning, you’re drowning in recommendations of where to invest in real estate, especially in 2024. Everyone is shouting different markets at you, “Cleveland! Tampa! Cincinnati!” the list goes on and on. But here’s where you’ll get stuck: most beginners think ANY market is good enough for them, except that isn’t true. There are some unique markets that most investors don’t know about, and they could fit what you need perfectly. Today, we’re sharing these markets (and how to find them) with you. We brought on expert investors Ashley Kehr and Henry Washington to give their picks for the best places to buy rental property in 2024. All of these markets offer something different; some have low price points with significant cash flow, while others have huge appreciation potential. We’re sharing our top three rental markets with you so you get in before the rest of the investors hear about them. We’ll also give you the criteria to pick your perfect real estate investing market and share where we first invested and where we wish we had invested. After this episode, head here to get all the data used in this show, then find your market, tag @BiggerPockets on Instagram, let us know why you chose it, and win some free swag! In This Episode We Cover: Where to invest in real estate if you’re starting from scratch with zero experience The best places to buy rental property in 2024 that most investors are overlooking Moving to invest in real estate and the city with a VERY high salary-to-home-price ratio Real estate market risks that we steer clear of whenever buying rentals Finding your market “advantage” and how to thrive in new a market using your skillset And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find Deals in Any Market with Henry’s New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area See Ashley, Dave, and Henry at BPCON2024 in Cancun! Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Ashley Connect with Henry Connect with Dave BiggerPockets Market Finder Real Estate Rookie Podcast Post Your Market and Tag BiggerPockets on Instagram! (00:00) Intro (03:02) Ashley's First Market (06:19) Would You Move to Invest? (10:38) Henry's First Market (13:41) Where to Invest in Real Estate (14:38) Ashley's 2024 Market (21:16) Henry's 2024 Market (29:47) Dave's 2024 Market (34:06) Find Your Market "Advantage" (35:45) The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1007 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

With her retirement dreams on the line, Jill Forsythe had a few choices: return to work, start a business, or get into real estate investing. After trying out more “active income” business ideas and realizing she didn’t want another job, rental properties became the obvious choice. But putting up her retirement nest egg to try her hand at investing would be a significant risk. Thankfully, it’s a risk that has paid off in a BIG way. Are you getting into the investing game late? Do you feel like you don’t have the time, money, or energy to build a real estate portfolio like all the twenty-something-year-olds on social media? Jill is here to prove you wrong. Within a decade, she’s been able to build a rental portfolio of over fifty units, grow her retirement reserves, and have the financial freedom she always wanted. In today’s episode, we’re talking to Jill about why she chose real estate and not stocks or small businesses, the biggest mistake she made early on when buying rentals, the advantages of being a “late starter” in the rental property game, and advice for anyone in their forties, fifties, sixties, or seventies who want to retire on their terms with real estate!  In This Episode We Cover: How to start investing in real estate in your fifties and reach your retirement goals Supplementing social security with the semi-passive income of rental properties  Why you MUST be careful when choosing the neighborhoods you invest in  The big advantages to investing later in life that’ll help you scale fast  Creating cash flow in your market by finding under-rented properties  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ready to Invest? Grab “The Book on Rental Property Investing” Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!) (00:00) Intro (01:43) Got a Late Start? (07:19) How to Invest in Your 50s (13:56) Starting in Her Mid-50s! (16:48) Why Real Estate? (19:40) Buying "Risky" Rentals (23:21) Getting Through Challenges (25:05) Investing Later in Life (28:51) Jill's Current Portfolio (31:56) Creating Cash Flow (36:20) Advice for Late Starters Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1006 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Recession fears are increasing. The stock market has taken substantial hits, housing inventory is climbing, and bank account balances are starting to fall. So, with more economic turmoil, we have to ask: will the housing market crash? And if we get a housing market crash, how bad (or good) will it be for investors? Could we see a 2008-style selloff, or should we be more prepared for small dips worth taking advantage of? Today, we’re asking two top investors these questions, one of whom literally wrote the book on Recession-Proof Real Estate Investing. J Scott and James Dainard join us on today’s episode to discuss market crash predictions, scenarios, and opportunities for real estate investors. Both J and James experienced the 2008 housing market crash—an economic event almost impossible to forget. But is 2024 shaping up for a sharp decline like 2008, or will we simply see a slower real estate market like most people had expected when interest rates began to rise? If the market DOES crash, what should you look for to take advantage, and how do you ensure you don’t get caught biting off more than you can chew? J and James break down their game plans if prices fall and why buying now could set you up for wealth ten years from now, IF you can handle the “fear” of buying when others are running from real estate. In This Episode We Cover: New housing market “crash” predictions and how low prices could go Why economic “fear” is rising now, and the recession indicators that are going off Rising housing inventory and why experienced investors expected this already The difference between the 2008 housing market crash and today What could cause a housing crash and how to know it’s time to buy The immense opportunities for investors that 99% of Americans will pass up And So Much More! Links from the Show Grab Chad’s Book, “The Small and Mighty Real Estate Investor” Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Grab J’s Book “Recession-Proof Real Estate Investing” Find Investor-Friendly Lenders See Dave and James at BPCON2024 in Cancun! Why Has the Housing Market Not Crashed in Over 15 Years? (00:00) Intro (04:01) New Recession Fears (14:25) Is This Like 2008? (18:06) What Will Cause a Crash (31:11) What to Do During a Crash (36:56) Opportunity for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1005 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You want to retire early, so you come up with a plan. “I’m going to buy ten rental properties and call it quits, then I’ll never have to work again.” Within a decade, you’ve got your ten rental properties, but now you want more. You buy another ten, then a big apartment complex, and now you’re raising money to buy even more. You have zero free time, investors to answer to, and a lot of stress. This wasn’t what you wanted. Let’s take it back to where you are now: how do you actually make it to early retirement? At the height of Chad Carson’s real estate investing career, he was working eighty-hour weeks flipping homes, buying rentals, and dreaming of a financial freedom-enabling portfolio. But when the market crashed, he took a step back and asked, “What do I really want?” Thus, the small and mighty investor mindset was born. Now, Chad is retired early in his forties, working just two hours per week and making six figures in passive income. Want to do it, too? Today, Chad discusses how you can build a small and mighty portfolio with fewer rentals, more cash flow, and ultimate time freedom. We’ll show you how to reverse engineer your goals to build the real estate portfolio you ACTUALLY want to own, why having hundreds of doors isn’t completely worth it, and the “metrics of success” you can use to measure your progress toward financial freedom. In This Episode We Cover: How to retire early (like Chad) with a small real estate portfolio  Why “door count” isn’t an accurate measure of success in real estate investing Reverse-engineering your financial freedom and how to start working toward it today Discovering your “why” and how NOT to get stuck in the day-to-day drudgery of adult life Measuring your progress toward financial freedom with the “metrics of success” Knowing when is “enough” and why winners know when to quit  And So Much More! Links from the Show Grab Chad’s Book, “The Small and Mighty Real Estate Investor” Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Craft Your Personal Real Estate Portfolio with “Start with Strategy” Property Manager Finder See Dave at BPCON2024 in Cancun! Who Cares About the Number of Doors You Have—Cash Flow Is What Actually Matters Chad's BiggerPockets Profile Dave's BiggerPockets Profile Door count is a terrible metric. Please stop using it. 00:00 Intro 01:56 You DON'T Need 100 Rentals 05:18 What Do You REALLY Want? 09:53 Why Work More? 14:04 Metrics of Success 23:36 Reverse Engineering Financial Freedom 26:42 Does Door Count Matter? 33:13 What is "Enough"? 37:20 The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1004 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a teacher with a LOW salary achieve financial freedom, let alone invest in real estate? Surprisingly, it’s not as hard as you think, and if you repeat the strategy from today’s show, you could reach financial freedom much sooner than you’d planned. In this episode, we’re talking to Corby Goade, who, not too long ago, was a teacher making just $17,000 per year at the start of his career. So, how did he begin building wealth and replace his AND his wife’s income? After fixing up an outdated house he bought after college, Corby was shocked by how much equity he had made. With some basic painting, new flooring, and simple upgrades, Corby made twice as much in equity as he did teaching. From there, a rinse-and-repeat-type strategy formed as Corby slowly began buying rental properties whenever he could, even with his tiny teacher’s salary. Fast forward to today, and Corby and his wife are financially free, running multiple businesses and living life on their terms. They still own that first rental, even though Corby did “everything wrong” (his words), and his first tenant almost destroyed the property. Still an active investor, Corby says that deals just like his first one are on the market NOW, even in 2024. He shares his exact buy box you can use TODAY to find properties like this, walk into equity, and achieve financial freedom just like he did.  In This Episode We Cover: The repeatable real estate investing strategy beginners can use to build wealth fast  Why house hacking is the easiest way to invest in real estate and start making/saving money Why you can still reach financial freedom, even if you do EVERYTHING wrong on your first rentals The exact buy box Corby uses today to find undervalued real estate deals (even in an expensive market) Corby’s best advice to get real estate deals sent straight to your inbox  And So Much More! Links from the Show Try the BiggerPockets Real Estate Investment Calculators on Your Next Deal Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Learn How to Reach Financial Freedom with FEWER Rentals with the “Small and Mighty Real Estate Investor” Property Manager Finder See Dave at BPCON2024 in Cancun! House Hacking 101: What It Is and How to Get Started (00:00) Intro (01:47) Accidentally Making Double His Salary (06:58) Doing Everything Wrong (11:07) Surviving the 2008 Crash (16:37) Quitting His Job (19:51) What a "Deal" Looks Like (29:26) How Much These Deals Make (31:12) Get Deals Sent to You! (32:22) Best Tip for Newbies Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1003 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Where will the housing market be by 2025? We’ve got some of the top 2024 housing market predictions to share today as we run through what could happen with home prices, mortgage rates, inflation, unemployment, and how single men could unintentionally tank the housing market. But we’re not just reviewing other housing market forecasts; we’re giving our own as we bet on what will happen by the end of this year. If you’re buying, holding, selling, or even thinking about investing in real estate, this is data you need to hear. First, we’re giving you a full rundown of the state of real estate in 2024 and where we are now. We’ll then move on to inflation, the Fed’s biggest target for the past few years. Inflation is starting to taper off, but will we be able to hit the golden two percent inflation rate by year’s end? And with inflation finally falling, would that mean the Fed can FINALLY cut rates and lead us into a lower mortgage rate environment? We’ll tell you exactly where we think rates will be by 2025. Next, we’re hitting on home prices. Some top forecasters are predicting above-average home price growth, while one BIG listing site sees us going negative by this time next year. Who’s right, who’s wrong, and why is one wild predictor saying that single men will cause home prices to fall by twenty percent? We’re getting into it all in this episode of BiggerNews! In This Episode We Cover: 2024 housing market predictions and where we’ll be by the end of this year Mortgage rates, rate cuts, and the Fed’s BIG decision to make in the Fall of 2024 The current state of the housing market and whether things are improving for buyers A growing unemployment rate and whether we’ll see continued job loss into 2025 Home price forecasts for the summer of 2025 and why one leading listing site expects us to go negative Whether or not we’ll see a housing crash in the near future (and who would cause it) And So Much More! Links from the Show Share Your Predictions on the BiggerPockets Forums Join BiggerPockets for FREE  Let Us Know What You Thought of the Show! Grab Dave’s Newest Book, “Start with Strategy” Find Investor-Friendly Lenders See Dave and Kathy at BPCON2024 in Cancun! The Fed Stalls as High Rates Cause More Pain—What Is Powell Doing? (00:00) Intro (02:16) The State of Real Estate (So Far) (03:27) Inflation Rate (07:36) Jobs and Unemployment  (12:49) Fed Rate Cuts (17:18) Mortgage Rates (22:12) 2025 Home Prices  (27:38) Housing Crash Coming? (31:12) Single Men Tank the Housing Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1002 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make money in real estate investing, EVEN during 2024’s harsh housing market? It’s easier than you might think—and we’ve got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they’re doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices.  From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we’re showing investors can make more money than ever before, no matter the market. First, Ashley and Henry tell us about the deals they’ve been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we’ll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips! Finally, Dave spills his secret on how he’s increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you’ll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too!  In This Episode We Cover: The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow Quick house flips and how to make five-figure profits even if you’re a hands-off investor How to find off-market listings THROUGH your real estate agent Henry’s foolproof buy box for house flips with the biggest buyer pool  Why you should NOT overlook Section 8 rentals (huge jumps in rents)  And So Much More! Links from the Show Find Your Next Investing Market with BiggerPockets Market Finder Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Ashley, Dave, and Henry at BPCON2024 in Cancun! Flipping Houses: How to Get Started and Everything You Should Know Ashley's BiggerPockets Profile Henry's BiggerPockets Profile Dave's BiggerPockets Profile Real Estate Rookie Podcast On the Market Podcast (00:00) Introduction (02:04) Deals We're Running This Year (09:32) Hands-Free Home Buying and Selling (22:44) $55,000 Profit on a Quick Buy and Sell (29:35) How to Increase Rent by 50% (39:15) The Dish  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1001 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

For the past 999 episodes of the BiggerPockets Real Estate Podcast, we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013, it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPockets Real Estate Podcast. We’re getting back to the basics, sharing investor strategies that work in today’s market and showcasing the data investors need to know now so they can reach financial freedom faster. Our first guest on this new wealth-building journey is Scott Trench, CEO of BiggerPockets and rental property investor. Today, we ask Scott, “Is financial freedom still possible through real estate, and if so, how do investors achieve it in this housing market?” Scott shares what both beginner and experienced investors must do now to reach financial freedom, who should even be investing in the first place, and the best beginner investment EVERYONE listening to this should be taking full advantage of.  Ready to start building your path to financial freedom today? The BiggerPockets Real Estate Podcast is the best place to be!  We also want to thank David Greene and Rob Abasolo for their massive contributions—David Greene for nearly 7 years as a host and co-host of the podcast, and Rob Abasolo for many of the past 250 episodes. They did a fantastic job building on the foundations poured by our Founder, Josh Dorkin, and Brandon Turner and continued the work of changing millions of lives. While we had hoped that Rob and David would continue to stay on as hosts in this rotational capacity, we completely understand their desire to move on to their next adventures, and wish them success in those endeavors, knowing that they will continue to change many lives with their thought leadership. We wish them the best of luck in their next endeavors. In This Episode We Cover The new BiggerPockets Real Estate Podcast and what we’re changing starting today Whether you can still achieve financial freedom through real estate in 2024 The best beginner strategy to start building wealth, EVEN with little money  Who should begin investing in real estate and whether you have what it takes  The problem with “passive income” and why hands-on rentals beat it  Investing in affordable markets and who should start with out-of-state investing  How you can become a millionaire without having a huge rental portfolio And So Much More! (00:00) Welcome to BiggerPockets 2.0 (06:09) Is Real Estate Still a Good Idea?  (08:58) The Truth About Financial Freedom (17:21) 3 Options for Investors in 2024 (25:37) The Problem with Passive Income  (30:14) Buying in Affordable Markets  (36:58) Become the Millionaire Next Door Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1000 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are set to fall this year and well into 2025, all while housing inventory steadily increases. We’re in the best housing inventory position since before the pandemic, so the question is: what happens next? Rising inventory could result in more homes on the market and, in theory, less competition, so lower prices. But, with rates coming down, home prices might go back up with more borrowers entering the market. We’ve got a lot of questions, but thankfully, Senior Economist at Realtor.com Ralph McLaughlin has the answers.  Ralph doesn’t just study the housing market; he actively participates in it as an investor. He’s on this BiggerNews episode to discuss the state of mortgage rates, when we should expect them to start falling, home price updates, housing inventory, and opportunities for investors that most homebuyers will miss. We’ll discuss the real estate markets with the most and least housing inventory, why price cuts are rising, but home prices aren’t falling, the best markets for investors to take advantage of during the rate-to-price “delay,” and which homes are selling the fastest. If you want to get ahead of the curve and take advantage of hot markets with opportunities that (probably) won’t last, now is the time!  In This Episode We Cover Mortgage rate predictions and when we could see 2024’s first rate cut  Housing inventory’s huge comeback and why prices aren’t falling  Real estate markets seeing the most/least amount of homes for sale  The rise in seller price cuts, but why this ISN’T leading to lower home prices  Hot markets with HUGE opportunities that investors must take advantage of before rates fall And So Much More! (00:00) Intro (01:19) Lower Mortgage Rates On the Way (06:21) Inventory Hits Recent High  (13:28) Markets with Most/Least Inventory  (15:53) Price Cuts Rise, But… (17:33) Best Markets for Investors  (20:52) Which Homes Are Selling? (23:04) Little Houses, Big Demand? (26:25) What Investors MUST Know  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-999 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Small multifamily real estate investing could be your quickest path to financial freedom. These properties, from duplexes to quadplexes, typically offer higher cash flow and scaling opportunities than traditional single-family rentals, with less competition. After a decade in the game, it's still Dave Meyer's top investment strategy. Wondering how to get started? This episode lays out three beginner-friendly steps to dive into small multifamily investing. Anyone can break into this financial freedom-enabling asset class—even without prior experience. We'll explore why small multifamily rentals are the ideal entry point for new investors and tackle the biggest hurdles to landing your first deal. We don't just talk theory; we'll take you inside a real small multifamily property on the market. Stick around as we show you how to use the BiggerPockets Rental Property Calculator to analyze this live example, giving you the tools to run the numbers on ANY small multifamily property you come across. Whether it's your first or next rental, small multifamily properties might be your best wealth-building move yet. By the end of this episode, you'll be equipped with everything you need to start investing confidently. Ready to build your financial freedom? Become a BiggerPockets Pro today! Click here to sign up and use code "PMULTI24" for an exclusive discount! In This Episode We Cover How to buy your first or next small multifamily property in three simple steps  Why small multifamily is the ultimate "hack" for fast financial freedom  Strategies to find profitable multifamily rentals in your investing area  Analyzing rental properties in minutes with the BiggerPockets Rental Property Calculator  How to find an investor-friendly lender for your next multifamily investment  The one tool expert investors use to build their real estate portfolios faster  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-4 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you know how to create multiple streams of income, you can build wealth FAST. Thankfully, real estate has dozens (if not hundreds) of ways to make money, and there’s a good chance that what you’re doing right now in real estate could lead you to two, three, or four different income streams. Today, we’re talking to expert investor James Dainard about the EIGHT streams of income he’s built and how you can do it, too! Whether you own a few rentals, a whole portfolio, or are just getting started in real estate, this episode is for you. We’re teaching beginners how to go from zero to multiple streams of income and the one income stream you should focus on first. If you’re running out of time with your rental or house flipping business and want more passive income flowing your way, worry not. We’ll talk about what you can do to make more money on the side without the hassle of doing your own deals. We’re even going to share the one skill you MUST learn to make it rich in real estate and start building your income streams today. If you get this right, you’ll build wealth WAY faster than the rest! In This Episode We Cover How to create multiple streams of income through real estate investing The number one income stream new investors MUST build before anything else  James’ eight different streams of income and how they make his investing even easier  How to start investing for passive income and why you MUST be careful when doing this Buying businesses and how this can make you even MORE money when investing  And So Much More! Links from the Show Join BiggerPockets for FREE Ask David Your Real Estate Investing Question Connect with Other Investors on the BiggerPockets Forums Grab Henry’s Newest Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area See Henry and James at BPCON2024 in Cancun! How to Create Multiple Streams of Income in Real Estate (00:00) Intro (01:12) Making Multiple Income Streams (04:38) How Newbies Can Start  (09:00) Owning 8 Businesses!?  (13:28) Passive Income Streams (18:59) Which Streams to Build  (27:06) What to Start Doing NOW Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-998 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you move to invest in real estate? Perhaps you’re stranded in a pricey market or an area with unfavorable landlord-tenant laws. Depending on your career, you could earn a HUGE pay bump at your day job and discover a real estate market with higher cash flow and appreciation. In this Seeing Greene, we help a caller navigate this exact scenario and share some of the best markets to invest in right now! Next, we field a question about a rental property that’s producing very little cash flow. What should you do in this situation? Hold, sell, or trade it for another property? David and Rob run the numbers to devise a strategy with a MUCH better cash-on-cash return. Tired of junk mail arriving at your properties? Hear about a few solutions we’re using to curb unwanted mail. Finally, we chat with a live caller who has just inherited a $300,000 property. Which investing strategy will help him capitalize on this opportunity and catapult him toward financial independence? Hang around until the end to find out! Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show!  In This Episode We Cover Moving to another state to chase your real estate investing dream The BEST states to invest in as a traveling professional in 2024 When to hold, fold, or trade a rental property with LOW cash flow How to stop junk mail from being delivered to your property First steps to take after inheriting an investment property How to identify the best investing strategy for your market And So Much More! Links from the Show Join BiggerPockets for FREE Try Baselane, the All-In-One Financial Platform for Banking, Bookkeeping, Rent Collection, Analytics, and More Buy the Book “The House Hacking Strategy” See David and Rob at BPCON2024 in Cancun! BiggerPockets Real Estate – Seeing Greene Episode 843 (00:00) iNTRO (01:16) Relocating for Real Estate (11:39) How to STOP Junk Mail (14:59) Hold, Fold, or Trade My Rental? (22:46) Inheriting a $300K Property!  (34:33) Send Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-997 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can rental properties replace your W2 income, lead you to financial freedom, and help you build multimillion-dollar wealth in the process? Yes, and Grant Francke is proof you can do it in a few years or less. After the burnout of forty-eight-hour shifts as a railroad conductor (yes, you read that right) left him searching for an escape, Grant stumbled upon real estate investing and the BiggerPockets Real Estate podcast. Within three years, he built up enough cash flow to quit his job and never looked back. In today’s show, Grant walks through the “boring,” stable, and safe rental property investments that have led him to complete financial freedom. He’ll touch on the first duplex he bought, why Grant prefers multifamily real estate to single-family homes, reverse-engineering your financial freedom to calculate HOW many rentals you need, and the sacrifices he had to make to get there. If you’re tired of missing out on time with your family, children, or friends and want to start living life on YOUR schedule while making MORE money than you would at your job, this is the place to start!  In This Episode We Cover How to replace your W2 income with real estate investing  Calculating your financial freedom number and how much cash flow you’ll need to quit How to test whether or not you CAN live without your W2 salary  Why Grant prefers the safety of multifamily rentals compared to single-family rentals  Financing and funding your first rentals and what to do when you start scaling FAST The “controlled growth” strategy Grant uses to safely build wealth and make more passive income  And So Much More! Links from the Show Join BiggerPockets for FREE  Grab Your Copy of “Rich Dad Poor Dad” Find Investor-Friendly Lenders See Henry at BPCON2024 in Cancun! 4 Serious Points to Consider Before Quitting Your Miserable Job to Invest (00:00) Intro (02:02) 48 Hour Shifts!? (03:17) Replacing His Salary (10:21) Quitting and Buying First Rentals  (17:33) Current Portfolio and Financing  (21:19) Real Deal Review  (24:37) Scaling with “Controlled Growth”  (30:39) Replace YOUR W2 Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-996 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily real estate is still offering some significant opportunities to investors—you just need to know where to look! Although the past two years have been rough for multifamily, with falling rents, rising interest rates, and higher vacancy, we may be on the way out of this vicious multifamily market we found ourselves in just a year or so ago. With new multifamily construction predicted to dry up significantly over the next few years, current multifamily rents are already beginning to rise. So, where should YOU be buying to take advantage of this positive trend? Thomas LaSalvia, from Moody’s Analytics CRE, joins us to give a multifamily real estate update and share where to find the best multifamily opportunities in 2024. With some markets still seeing more supply than demand, investors could pick up deals from distressed owners. Plus, one often-forgotten region may see demand pick up in a big way—if you invest here, you could get ahead of the curve! We’ll also discuss how multifamily rents have been performing, why new multifamily construction will see a huge slowdown in 2025 - 2026, whether today’s sluggish economy will affect multifamily, and the one big danger multifamily real estate investors (and future investors) CANNOT overlook. In This Episode We Cover A 2024 multifamily real estate market update and how apartments are performing now The oversupplied areas with opportunities for investors to buy One market that could see demand pick up soon (get ahead of the masses!) Why hasn’t multifamily crashed, and where are all the “distressed” owners? Affordable housing and the massive mismatch between supply and demand  Whether or not small landlords will be affected by big apartments moving into their areas  And So Much More! Links from the Show Join BiggerPockets for FREE  Want to Invest in Multifamily? Grab the Book “The Multifamily Millionaire, Volume I” Find Investor-Friendly Lenders See Henry and Kathy at BPCON2024 in Cancun! Hear Our Last Episode with Thomas: Rent Unaffordability Crosses Dangerous New Threshold On the Market Podcast (01:28) Commercial vs. Residential Real Estate (04:24) Rent Slowly Recovers  (09:02) Will Building Slow Down? (12:33) Job Loss and Affordability Problems  (15:33) Affordable Housing (19:09) Good for Small Landlords? (25:17) Why Hasn’t Multifamily Crashed? (28:14) Opportunities to Look For  (35:05) One Danger to Multifamily  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-995 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you own, EVEN if you’re not in a vacation destination. So, what do you need to do NOW to get more guests, bookings, and money from your short-term rental investment in 2024 and 2025? Experienced short-term rental investor and CEO of Rent to Retirement, Zach Lemaster, is here to help. You may know Zach as the turnkey rental guy, but his skills go FAR beyond long-term rentals. Zach owns the highest-grossing short-term rental in the ever-popular Breckenridge, Colorado. This is a HOT short-term rental market with fierce competition, but even so, Zach’s vacation rental stands out from the rest. How did he do it, and what changes can YOU make to your Airbnb experience to become the best in your area? Today, Zach gives a masterclass on Airbnb and short-term rental hosting. He covers market trends he’s seen in 2024 and into 2025, dodging regulations, and what to look at BEFORE you buy. Zach even shares easy ways to stand out and the amenities that will wow your guests so they keep coming back for more. Plus, he’ll give tips on what you can do NOW with your current Airbnb to quickly increase bookings!  In This Episode We Cover A short-term rental industry update and why hosts MUST make changes now Guest trends and why people want better deals and experiences, not just places to stay  How to avoid short-term rental regulations and what to do if your area already has them  How to easily stand out in your market by providing top-notch amenities  Simple tweaks to your listing that will get you more bookings  2025 short-term rental predictions and what hosts should know  And So Much More! Links from the Show Get a BIG incentive on turnkey rentals from today’s show sponsor, Rent to Retirement. Text “REI” to 33777 or visit them here: https://www.renttoretirement.com/ Join BiggerPockets for FREE BiggerPockets’ Instagram Ready to Invest? Grab the Book, “Short-Term Rental, Long-Term Wealth” Find an Investor-Friendly Agent in Your Area See Henry and Zach at BPCON2024 in Cancun! Are You Getting Less Bookings for Your Short-Term Rentals? Here are 3 Ways to Get More (00:00) Intro (01:36) The Best Short-Term Rental Ever? (02:53) Airbnb is Changing  (11:11) Airbnb is Changing  (13:34) Regulations and Airbnb Bans (20:51) How to Stand Out (24:45) Tips to Increase Bookings (31:49) 2025 Predictions  (35:16) Meet Zach at BPCon24!  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-994 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should I pay off my rentals or scale to more doors? Should I start flipping houses in my local but expensive market or go long-distance? When is the time to move from residential to commercial real estate? We’ve got some crucial questions to answer on today’s Seeing Greene as David and Rob tackle the best ways to build wealth and set yourself up for retirement in 2024. Want to reach financial freedom faster? Then, this is the show for you. First, an investor who eagerly wants to retire asks whether he should flip houses in the expensive San Francisco Bay Area or begin in a lower-priced area. Next, when is it time to scale vs. pay off your rental properties? When partnering on a house hack, who’s responsible for what, and how do you split up the finances? Finally, a return caller asks about the pros and cons of residential vs. commercial real estate and whether bigger properties will help him reach his goal of retiring with a sizable rental portfolio.  Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show!  In This Episode We Cover Where to start flipping houses and whether an expensive market is too risky for rookies When to scale vs. pay off your rental properties (EVEN if they have low interest rates!) Partnering on a house hack and how to split responsibilities/profits when one partner lives in the property  Residential vs. commercial real estate and the pros/cons of buying BIG properties  When to trade your small rentals for larger properties with better potential  And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Ask David Your Real Estate Investing Question See David and Rob at BPCON2024 in Cancun! Grab the Book “Long-Distance Real Estate Investing” Find Investor-Friendly Lenders Seeing Greene 985 – How to Use Home Equity to Retire, Buy Rentals, or House Hack Money Show 543 – Finance Friday: How the “Middle-Class Trap” Stops Your Early Retirement BiggerPockets Real Estate Podcast 763 – Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat Seeing Greene 747 – “Amplifying” Your Equity and When to Pay Off Debt vs. Invest Get a BIG incentive on turnkey rentals from today’s show sponsor, Rent to Retirement. Text “REI” to 33777 or visit them here: https://www.renttoretirement.com/ (00:00) Intro (01:14) Should I Start Flipping Houses?  (11:37) Scale or Pay Off Properties?  (15:46) Partnering on a House Hack? (21:33) Comment Section Callout  (24:03) Residential vs. Commercial Real Estate (41:37) Share Your Thoughts!  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-993 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you. Whether you want to own a home near the mountains of Mexico, the beaches of Belize, or a small seaside town, buying property abroad could make your dreams come true. But is it easy enough for a beginner? And what should you know before making the big jump to out-of-country real estate investing? Michael Cobb, an international real estate investing expert with over three decades of experience investing in Central America, joins us to give his time-tested advice. Michael hits on how these international investments are like “time machines,” allowing you to find the areas that could see significant popularity boosts in the future, pushing YOUR property values higher. He even shares which markets abroad are best for cash flow or appreciation. But before you jump the gun and buy a property abroad after your next cruise, heed Michael’s advice. He shares how to pick a market where investors can find the best returns and what you MUST do before you buy your first investment abroad. In This Episode We Cover International real estate investing 101 and what you can do to find your next market  The “time machine” to cash flow and appreciation that most Americans overlook  “Buyer beware” laws most Americans aren’t used to and why you NEED local help The three trips you should take before buying property abroad  And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! Try Hospitable, The Highest-Rated Vacation Rental Software Grab the Book “Long-Distance Real Estate Investing” Find an Investor-Friendly Agent in Your Area 3 Things to Consider When Buying Properties Internationally (00:00) Intro (01:45) Why Invest Abroad? (05:51) Buying in Central America (10:50) Easy Enough for Beginners? (20:43) Where Investors Should Buy (26:11) Picking a Market  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-992 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Airbnb bans escalate, a “tsunami” could be coming for this real estate niche, and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire On the Market panel are here to discuss four of the top real estate-related news stories from this week.  First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying? Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode!  In This Episode We Cover A world without Airbnb and whether the newest ban could actually help homebuyers Another “tsunami” coming for real estate and whether there’s truth behind the hype  Private equity’s new plan to gobble up even more real estate as one niche suffers  More fees for homebuyers as agent commissions change, but will this have to be paid out of pocket? “Sinking” cities causing rising insurance costs and sliding home values  And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! The commercial real estate credit crunch: ‘There’s a tsunami coming’ What does a world without Airbnb look like? First-Time Homebuyers Could Face Thousands in New Costs Following NAR Settlement U.S. cities are sinking. Here’s what that means for homeowners Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area On The Market 201 – Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever (00:00) Intro (02:24) A “Tsunami” Coming? (13:08) The Airbnb Bans Begin  (21:43) New Fees for Homebuyers?  (28:31) Cities Are Sinking  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-991 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want financial freedom through real estate? Then, you’ll need to know how to buy a rental property. Don’t worry; even as a beginner, you can take three basic steps to buy your first rental property and start building the passive income you’ve always dreamed of. To help you out, Dave Meyer, BiggerPockets’ VP of Market Intelligence and a fourteen-year real estate investing veteran, will walk you through finding, evaluating, and offering on rental properties.  Whether you’re a beginner or an active investor, these three steps will help you land more real estate deals with less effort and help you reach your financial goals faster. Not only that, Dave is giving his time-tested tips on how to make an irresistible offer to a seller—something that most real estate investors DON’T know how to do. Dave even shares every tool he uses to find, analyze, and research real estate deals so he can decide on a rental in minutes, NOT hours! Make 2024 the year you start investing for financial freedom. Sign up for BiggerPockets Pro using promo code “EVALPOD24” to get 20% off the industry’s best real estate investing tools.  In This Episode We Cover How to find and buy your first rental property (even if you’re a complete beginner) Using real estate to reach financial freedom faster than you thought possible Finding real estate deals in 2024 and expert-investor tactics most have never heard of  Using the BiggerPockets Rental Property Calculator to analyze deals in minutes  Seven different tips to get a seller to accept your offer (EVEN in a competitive market) The one real estate investing tool that will speed up your path to building a portfolio  And So Much More! (00:00) Intro (02:03) Want Financial Freedom? (09:00) 1. Finding Real Estate Deals (12:37) 2. Evaluating Properties  (24:34) 3. Making Your Offer (29:10) Best Tool for Beginners  (37:00) PRO CODE Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-3 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we’re sharing two of the real estate markets we’re investing in NOW. One you may have heard of and one you probably haven’t. Both have strong long-term fundamentals, a sizable renter population, and more demand than meets supply. Which markets are we talking about, and why did we pick them over the thousands of other real estate markets across America? We’ll go into detail on today’s show! Dave and Henry are sharing two of their favorite real estate markets, both seeing sizable returns EVEN in 2024. First, Henry talks about the buy and hold goldmine of a town with low-priced homes, strong rents, and sizable cash flow. Plus, with “opportunistic rehabs,” Henry is seeing his cash flow explode with some basic home renovations. Next, for the passive investors, Dave talks about a syndication deal that’s so good it’s giving him bonus distributions! With many passive investments seeing poor returns this year, Dave may make it rich with this historically relevant real estate market. Don’t know where you should invest next? Stick around to hear the investing experts give their take on finding a market. You can even use our Market Finder to find your perfect market in minutes! Once you’ve found a market, use the Deal Finder to search for rental property investments in the area!  In This Episode We Cover Two real estate markets that Dave and Henry are investing in right now The Southern cash flow market with solid long-term potential  How to use “opportunistic rehabs” to boost your cash flow even higher  Syndication investing and why Dave bet on this one market with growing demand  Four steps to finding your perfect real estate investing market for cash flow, appreciation, or both  And So Much More Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Find Your Perfect Investing Market Today with BiggerPockets Market Finder Find Your Next Investment Property with BiggerPockets Deal Finder Grab Dave’s Latest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Choose an Out-of-State Market for Investment (in 3 Easy Steps!) (00:00) Intro (02:31) 1. Joplin, Missouri (05:56) Easy Cash Flow? (09:02) Why Joplin? (12:02) Visiting & Henry's "Cheat Code" (18:18) 2. Williamsburg, Virginia (22:16) Syndication Investing  (28:26) How to Pick YOUR Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-990 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Life happens, and you’ve accumulated some debt. You’re wondering how to buy real estate EVEN with a high DTI (debt-to-income) ratio. Whether it’s good debt, like rental property mortgages, or bad debt, like credit card debt, holding you back, David and Rob have some ideas to help YOU grow your real estate portfolio faster, make more passive income, and get yourself out of the red! In this Seeing Greene, we’re talking about good, bad, and ugly debt. First, a house hacker hits hurdles when trying to buy his next property due to his current mortgage. Thankfully, there’s a way to get around this using the “sneaky rental” strategy. An investor with a growing portfolio struggles to find a bookkeeper who can keep his finances together WITHOUT costing him an arm and a leg; David and Rob give two very different pieces of advice. Got bad debt? We give an investor options on what he should do to consolidate his $40,000 credit card balance. Wondering when to refinance your mortgage? A repeat caller asks whether a cash-out refinance on one of his properties is worth the rate increase and closing costs. Finally, what would you do with two houses on one lot? Renovate them and sell one? Keep them both as rentals? And how would you fund the renovation? David and Rob give their takes and a HUGE red flag that everyone trying to “subdivide” land should know about. In This Episode We Cover How to scale your real estate portfolio FAST with the “sneaky rental” strategy (even if you have debt!) When to refinance your mortgage and whether a higher rate is worth cash in the bank  Bookkeeping for real estate investing beginners and how to not lose yourself in spreadsheets  How to consolidate debt so you can continue to buy rental properties Where David and Rob are investing next, plus a BIG move one of them is making  Subdividing lots and the one thing you MUST do before you even think about it And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Property Manager Finder See David and Rob at BPCON2024 in Cancun! Real Estate Podcast 675 – Seeing Greene: When Does It Make Sense to Refi with High Interest Rates? Grab David’s Book on the BRRRR Method (00:00) Intro (02:03) Scaling with “Sneaky Rentals” (08:02) Can't Keep Up with Bookkeeping!  (14:29) How to Consolidate Debt  (19:31) Where We're Investing  (24:12) When to Refinance? (30:38) How to Fund a BIG Renovation  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-989 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Heather Blankenship has made $10,000,000 alone from just one RV park investment. She got into it with no money and zero experience. While pregnant with her first child, Heather answered the phones, paid the bills, laid mulch, and slept on the office floor, working long days and longer nights to do anything she could to keep the campground running. Over a decade later, she has a $30,000,000 portfolio, with her first campground worth almost half that amount. How did she do it, and can you repeat her same investing strategy? In her new book, Real Estate Campgrounds, Heather dives into the almost unbelievable streams of income you can create from just one campground or RV park investment. In today’s show, she shares the different ways you can make money (and cash flow!) from your first campground investment, what to know before you buy, and how rental property owners can transition from single-family or multifamily rentals to campground investments. We also bust some myths that have probably stopped you from investing in this lucrative asset class before. Do you need a ton of money? Nope. Do you need a HUGE campground? Not really. Should you have hospitality experience? Maybe. Heather started with ZERO real estate investing experience and now is a campground multimillionaire! Want to follow in her footsteps? Don’t miss this episode!  In This Episode We Cover How Heather’s campgrounds create over ten income streams (BIG cash flow!) Making millions by buying overlooked RV parks and campgrounds  The biggest expense of running campgrounds and why you CAN’T get this wrong What you should know BEFORE you buy a campground to ensure you make money Transitioning from rental properties to campgrounds and why it may be easier than you think The common campground investing myths that stop most investors from creating massive wealth with this asset class  And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave and Henry at BPCON2024 in Cancun! Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About w/Heather Blankenship Pre-Order Heather’s New Book, “Real Estate Campgrounds” (00:00) Intro (02:17) Campground Investing 101 (07:36) 10 Streams of Income! (09:37) Making $10M on ONE Park? (13:21) Know BEFORE You Buy  (19:00) From Rentals to Campgrounds  (23:17) Campground Investing Myths  (33:51) Regulations and Local Laws (35:38) Common Campground Pitfalls  (39:42) Grab Heather’s New Book! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-988 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Will the new jobs report finally prompt the Fed to cut rates, leading to you scoring a lower mortgage rate? With multifamily rents still falling, should we fear a nosediving rent trend in the near future? And why are all these traditionally overlooked investing markets becoming the new rental property hot spots? You asked, and on this episode of BiggerNews, we’re answering. We’ve taken top questions from the BiggerPockets forums and are answering them on today’s show! It wouldn’t be a BiggerNews episode without talking about the Federal Reserve. With the latest job numbers pointing in the right direction, is this the final signal the Fed needs before they start cutting rates? Or is there a specific unemployment rate we must hit for the Fed to give us some interest rate relief? Next, we’re talking about the continuously “softening” rents around the country. One sector is actually seeing rents grow, but if you’re not seeing that with your rentals, how do you ensure your tenants stay put and keep paying you rent? We’re giving our expert tips on mitigating falling (or stagnating) rents. Next, we’re highlighting the “affordable” investing hotspots popping up throughout the country as the cost of living increases. Are these markets actually worth investing in, or are the big cities going to have better returns once they bounce back? Finally, should you wait to save up emergency reserves and risk home prices rising OR buy your first property now? We share exactly what we did in the same position when we first started investing.  In This Episode We Cover Fed rate cut updates and how close we could be to mortgage rates finally falling The “softening” rent trend and what you can do NOW to ensure your rent prices stay put  Why the oversupply of multifamily rentals could actually reverse soon  The new “affordable” investing areas that are emerging across the US (and whether we’d buy there) Emergency reserves 101 and whether you should buy now or keep saving  And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave & Kathy at BPCON2024 in Cancun! Ask Your Question in the BiggerPockets Forums Ready to Invest? Grab Dave’s Newest Book, “Start with Strategy” The Fed Stalls as High Rates Cause More Pain—What Is Powell Doing? (00:00) Intro (01:54) Rate Cuts Coming? (11:24) Rents Are “Softening”  (19:09) How to Mitigate Falling Rents  (21:36) New Affordable Markets Emerge  (28:20) Emergency Reserves 101  (33:05) Ask Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-987 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are tiny homes a good investment? For just $50,000, you can get a brand new tiny home investment—not even fifteen percent of the average single-family home price in the United States. Even better? These tiny investment properties can bring in over $15,000 per year in rent, making your payoff period minuscule compared to a standard real estate investment. To learn more, we brought Steven Harrell, tiny home builder and investor, on the show to walk through all the numbers and how investors can cash in big on these tiny homes. Steven has seen the tiny home industry shift from off-the-grid, fringe mini homes in the woods to now a mainstream necessity as more Americans struggle to pay the sky-high cost of rent or a mortgage on standard homes. With affordability at a forty-year low, Americans need cheaper housing options, and tiny homes might be the perfect answer. We discuss the costs of tiny homes, how much they rent for, finding and buying land to put them on, insurance, financing, and how beginners can get started on this investment at a very attractive price point. Want tiny houses with big profits? This episode is for you!  In This Episode We Cover How much does a tiny home actually cost to build, and how much it’ll rent for  Tiny home appreciation and whether these small investments are for cash flow only How to find and buy the land for your next tiny home, plus what you MUST look for The average insurance cost for a tiny home (it’ll surprise you) Why the average tiny home tenant might not be who you think it is Exactly what Steven would do now to get started investing in tiny homes  And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Yes, Tiny Homes Could Be the Most Cost-Effective Way to Cash Flow Right Now—Here’s Why: Grab Henry’s Newest Book, “Real Estate Deal Maker” (00:00) Intro (01:27) Foreclosed On & Finding “Tiny Homes” (05:39) Average Cost and Size  (08:12) Do They Appreciate?  (10:02) How to Invest in Tiny Homes (15:35) It’s THAT Cheap!? (18:17) Insurance for Tiny Homes  (20:18) Tiny Home Tenants  (22:22) How to Get Started  (26:28) Would We Buy Tiny Homes? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-986 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you use a HELOC to buy investment property? Would we use home equity to retire? When is it time to sell a performing property and exchange it for a more expensive one? If you’ve got home equity, this episode could help you reach financial freedom faster as we answer real listener questions, many about home equity, on today’s Seeing Greene! If you’ve been investing for a while, you may have some paid-off properties. Should you get a cash-out refinance and live off the loans? That’s what one of today’s investors is asking, but Rob and David have different views on whether this is a good retirement plan. Did your property almost get destroyed by the city this week? Rob’s did! We’ll share the full story at the start of the show. Next, an investor debates selling her performing rentals to scale into a bigger property. We also answer how to use a HELOC (home equity line of credit) to quickly grow your real estate portfolio. Why are contractors so hard to find? A veteran investor/contractor shares the reason why most contractors suddenly disappear. Finally, a listener has inherited multiple lots of land but wonders if he should build multifamily rentals on them. Can he use the lots as collateral to get the funds to start his investing journey? All that in this Seeing Greene!  In This Episode We Cover How to retire using home equity and cash-out refinances (and whether you should!) Why Rob was close to having his newly-renovated home destroyed by the city  When to sell a performing rental property and trade up into a better area  Using a HELOC (home equity line of credit) to invest in real estate  Why good contractors are so hard to find and often vanish from investors’ lives  How to leverage land to fund build-to-rent investment properties  And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Property Manager Finder Ask David Your Real Estate Investing Question See David and Rob at BPCON2024 in Cancun! Real Estate Podcast 978 – How to Build Your Real Estate Investing Team (Agents, Contractors, Lenders) Real Estate Podcast 972 – 3 Beginner Steps to Find Undervalued Real Estate in ANY Market Grab David’s Latest Book, “Pillars of Wealth” (00:00) Intro (01:06) The City is Destroying My Property! (06:12) How to Retire with Home Equity (13:00) Sell Rentals for House Hack? (18:45) How to Use a HELOC to Invest (26:04) Comment Section Callout  (28:47) Contractor’s Advice for Investors  (35:46) Build Multifamily on Inherited Lots? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-985 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you pay off student loans or invest in real estate? This is the question Tom Keating had to ask himself back in 2018. At the time, he had no real estate investing experience and only picked up The Book on Rental Property Investing by chance. He still had student loans but decided to spend his savings (which could have made him debt-free) on the down payment for his first rental property. Now, just six years later, Tom has an entire real estate portfolio of passive and active investments and is free from his W2! If you’ve got some form of debt—student loans, credit card debt, medical debt, etc.—you might think you can’t invest in real estate, but you’d be wrong. In today’s episode, Tom breaks down the simple equation you can use to figure out whether you should pay off your debt or invest. Tom took the path less traveled, and now, he’s benefiting from it, being able to go anywhere in the world, live where he wants, and control his schedule. Tom also shares a simple yet unbelievably valuable way to find the hottest real estate markets and areas to buy rental properties. The best part? The data he uses is FREE, and you can copy his same strategy to get cash flow, appreciation, or a bit of both! In This Episode We Cover Whether to pay off student loans or invest and the simple calculation you can use to decide  The super simple way to find hot real estate investing areas with appreciation potential  Quitting your W2 job and becoming a full-time real estate investor, even with a small portfolio  How to diversify your real estate portfolio with both passive and active investments  Why Tom invests across multiple states (and strategies) instead of drilling down on one area And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Find Your Next Investing Market with BiggerPockets Market Finder Grab “The Book on Rental Property Investing” Should I Pay Off My Student Loan or Invest in Real Estate? (00:00) Intro (01:41) Serial Side Hustler  (05:29) Buying His First Duplex  (06:57) Invest vs. Pay Off Debt  (12:42) Tom’s Portfolio  (14:40) Investing in Multiple Markets  (20:01) Finding Hot Investing Areas (26:08) Working Less, Making More  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-984 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Zillow’s latest housing market forecast shows a decline in home prices over the next year after a very slow spring homebuying season. While spring is traditionally the hottest time of the housing market, with more sellers and buyers hitting the market at once, this year was stunted significantly. Will this trend continue as housing inventory remains at rock-bottom levels, or are things gradually improving, with a return to normalcy in sight? We’ve got Dr. Skylar Olsen, Chief Economist at Zillow, on to share the latest forecast and which markets could be in trouble. With mortgage rates still hovering around seven percent, homebuyers and sellers are stuck. Sellers don’t want to trade into a more expensive mortgage payment, and buyers can’t afford today’s median home price. As a result, some under-the-radar, affordable real estate markets are seeing home and rent prices increase, while some traditionally hot markets are already seeing price corrections. Where will the next correction hit, and which markets will have the most opportunity for real estate investors? Skylar explains it all, plus why Zillow updated their recent home price forecast to show a DROP in home values over the next year. In This Episode We Cover Zillow’s updated housing market forecast and why they’re predicting prices to drop The spring homebuying season’s “extra slowdown” and why buying/selling is so stunted  Skylar’s 2025 housing market and mortgage rate predictions  What happens when mortgage rates get cut, and whether this could fire up the housing market again The real estate markets seeing the most price corrections, plus hot markets Zillow is keeping an eye on Markets with the strongest rent growth (for single-family AND multifamily investors) And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Access Zillow’s Free Housing Data BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising (00:00) Intro (01:36) Homebuying Sees “Extra Slowdown” (06:51) Homes Sitting Longer  (08:34) More Inventory On the Way? (13:19) Zillow Updates Forecast  (17:54) Markets Seeing Price Corrections  (20:58) Hot Markets  (22:22) Where Rents Are Growing  (26:33) Investors, Watch THIS (29:16) 2025 Predictions  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-983 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Military real estate investing is perhaps the easiest way for veterans to reach financial freedom. Today’s guest is a prime example, going from broke recruiter to “military millionaire” in just FIVE years. And get this—military real estate isn’t just for service members. Everyday investors can take advantage of certain perks, too!   During his first seven years in the U.S. Marine Corps, David Pere was a serial spender, blowing each paycheck and saving very little money. But when a friend recommended the personal finance classic, Rich Dad Poor Dad, things finally clicked, and David realized the unique investing opportunities the military provided. Within four months, he had taken advantage of the favorable VA loan and bought his first house hack!   In today’s episode, you’ll learn how the military puts you in a great position to take financial risks early in your career. David takes a deep dive into VA loans, their benefits, their requirements, and what buyers and sellers should know. He even shares the best-kept secret in military investing—the Interest Rate Reduction Refinance Loan (IRRRL) program—which makes it EASY for investors to score a better interest rate! In This Episode We Cover How veterans can build wealth through military real estate investing Why the VA loan is the “best primary residence mortgage in the world” What YOU should know about VA loans (even if you’re not a service member!) What sellers and buyers need to know about assuming VA loans How to find a lender that specializes in military loan products Refinancing with the Interest Rate Reduction Refinance Loan (IRRRL) program And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! BiggerPockets Real Estate – Episode 734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/ David Pere (00:00) Intro (01:14) Buying His First House Hack (05:57) Military Real Estate Investing 101 (09:11) VA Loan Benefits & Requirements (14:57) Reusing VA Loans & Finding Lenders (18:24) Assuming VA Loans & the “IRRRL” (23:14) HUGE Military Investing Advantages (26:21) Connect with David! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-982 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

High interest rates are stopping you from investing, so what do you do? Wondering how to prepare for a recession if one hits soon? Should you sell your rentals and pocket some cash, or will you regret dumping your performing properties to secure some short-term safety? These tough questions can’t be answered by just anyone, so we have our expert investors David Greene and Rob Abasolo on to help you navigate through the most financially puzzling parts of real estate investing. In this Seeing Greene, we’re tackling topics like how to prepare for a recession as a landlord, what to do when high interest rates kill your deals, and whether you should build an ADU (accessory dwelling unit) or simply park an RV on your land and rent it out instead. But that’s not all; a contractor wants to know how to work with investors while making even more money. Is he barking up the wrong tree, or is going the investor instead of the residential route a better choice for those trying to grow their contracting business?  Plus, how long a tenant turnover should take and whether your property manager is moving too slowly. All that, and much more, is coming up in this Seeing Greene show! In This Episode We Cover How to invest in real estate during a high interest rate environment (and find lenders!) Whether or not to sell your rentals if a recession hits in the near future  Renting out an ADU vs. an RV and which will make you more money and come with a lower cost  The power of compound interest and David’s genius method to pay off properties fast Tenant turnover times and how long it should take for your property manager to find new renters  How contractors can get consistent work from investors by doing this  And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Grab David’s BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat” Property Manager Finder Real Estate Podcast 900 – The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) w/Brian Burke, J Scott, and Scott Trench Ask David Your Real Estate Investing Question See David and Rob at BPCON2024 in Cancun! (00:00) Intro (01:37) How to Invest with High Rates (07:24) Renting Out an RV? (14:00) Questions from the Comment Section (15:41) Sell Rentals to Recession Prep? (23:56) What Contractors Must Know (33:58) Subscribe for More Seeing Greene! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-981 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s guest makes up to $100,000 per year, PER investment, by buying businesses. Yep, you heard that right. We’re not talking about a few hundred bucks a month in cash flow like most rental properties get you. Instead, you can make a living by buying a business “no one wants,” which is exactly what Matt DeBoth is doing. Matt saw the writing on the wall after building up a sizable real estate portfolio. Low interest rates flooded buyers into the housing market, putting those with properties to sell in a great position. So, Matt sold many of his rental properties and wondered where he should put the money into. Over the next year, he spent his days researching businesses to buy, talking to business brokers, and eventually landed on a local pizza franchise. Matt was able to turn it around, and after months of hard work, he’s collecting serious cash flow from a business that only takes a few hours a week to manage! If you want to buy yourself a six-figure income stream and feel like now is the perfect time to take a pause from real estate investing, Matt’s story may be just what you need to get started. He shares how much it costs to buy a small business, how to manage it, what to look for in business investment opportunities, and what you can do TODAY to get started! In This Episode We Cover How to create a six-figure income stream by buying small business franchises  Buying the businesses “no one wants” and how to easily spot an investing opportunity Why a poorly run business can mean tremendous potential for you to make more money The low-money-down small business loans that Matt is using to buy businesses  How to manage your business the right way so you only need to work a few hours a week  Who should (and shouldn’t) buy businesses, and how to pick one  And So Much More! (00:00) Intro (01:34) Buying When No One Else Would (04:02) House Hacking an Apartment? (06:09) Selling Off His Rentals?! (13:06) Ditching Rentals to Buy Businesses  (15:32) Buying His First Business (17:45) Finding Investment Opportunities  (21:07) $100K/Year Income Streams?  (24:55) Managing the Businesses  (28:28) Who Should Buy Businesses?  (30:58) How to Get Started Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-980 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates were supposed to be going down by now, but what happened? Even in late 2023, many housing market experts predicted that we’d be seeing high to mid six percent mortgage rates at this point and hovering around the high five percent rate mark by the end of the year, but the Fed isn’t showing any sign of lowering rates soon. Some experts even believe rates could go UP again this year as the job market stays hot and the economy sees unprecedented strength. This begs the question: What IF mortgage rates remain high? It’s a reality many of us don’t want to see, but 2024 could end with minor, if any, rate cuts, keeping monthly mortgage payments high and affordability low. So, what should an investor do in this situation? Sit on the sidelines? Invest in a different asset class? Pray to Jerome Powell? While that last option may be worthwhile, top real estate investors are saying that NOW is the time to buy BEFORE rates fall. What do we mean? We’ve got the entire expert investor panel from On the Market here to give their take on what investors should do IF rates don’t fall. From house flipping to long-term buy and hold rentals, our nationwide panel of investors shares exactly what they’re doing to make money even with high interest rates. Plus, we’ll give our predictions on when rates could fall, what will happen to housing inventory, what young people should do NOW to get their first house, and why investors need to “reset” if they want to thrive in this high rate housing market.  Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Mortgage rate predictions and when interest rates could finally start falling  What should investors do IF mortgage rates stay high throughout 2024 The “lock-in effect” and whether or not high rates are leading to lower inventory  The homes that are flying off the market in many areas (and the ones that are sitting) How young people can creatively get into their first home or investment property Why investors MUST “reset” their expectations if they’re to build wealth in this housing market  And So Much More! (00:00) Intro (04:45) When Could Mortgage Rates Fall? (13:48) Inventory is Getting Gobbled Up (19:56) Can Young People Make It?  (24:19) Investors Must "Reset"  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-979 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“The stack” method is how to buy rental property faster than you thought possible. With so many real estate investing beginners wondering how to build a real estate portfolio, especially in today’s market, Dave Meyer, VP of Market Intelligence at BiggerPockets, decided to reintroduce “the stack” on today’s podcast. In it, he’ll show you exactly how someone with zero real estate investing experience can go from one to two to three rentals and beyond by following this simple framework. If you’ve struggled to buy your first rental property or never made it past the first deal, this is the episode to watch. Dave walks through how you can use “the stack” method to explode your real estate portfolio, the three simple steps to start buying rental properties today, and the one tool top real estate investors use to buy more real estate and find financial freedom faster. Beginner or investing veteran, if you’re feeling stuck but want to reach your financial goals, this might be just what you need. Sign up for BiggerPockets Pro to get unlimited access to the rental property calculator and all the tools from today’s video. Use code “FIRSTPOD24” to receive 20% off!  In This Episode We Cover How to buy your first, second, or third rental property using “the stack” method The easiest way to find real estate deals in today’s market, even if you have no experience  How to analyze a rental property in just minutes with the BiggerPockets Rental Property Calculator Financing and funding your first/next deal and why it’s not as hard as you think The best real estate investing tool for those who want to explode their portfolios  Why real estate is the perfect investment for financial freedom  And So Much More! (00:00) Intro (00:35) How to Buy Your First Rental Property (02:53) Achieving Financial Freedom (05:03) Scared to Invest? (09:44) "The Stack" Method (12:11) 1. Finding Deals (14:20) How to Analyze a Rental Property  (25:36) 2. Finding Financing/Funding  (28:34) 3. Finding Direction (31:14) 3-Step Recap (32:40) What Pro Investors Do Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-2 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to grow your real estate portfolio faster, make more money with less headache, and achieve whatever financial dreams you desire, you need one thing—a real estate team. Most people don’t realize that the top real estate investors rarely do everything themselves. Instead, they’ve hand-picked real estate investing rockstars to grow their businesses FOR them. We’re talking investor-friendly agents, lenders, contractors, property managers, and more. If you can find the right people to fill those roles, you’ll be able to grow your passive income faster than you thought possible. So, where do you find them? Dave Meyer and Henry Washington are back to give a masterclass on building your real estate team. They’ll walk you through each role—real estate agents, lenders and brokers, insurance agents, property managers, and contractors—describing what to look for, red flags to run from, and exactly where you can find the best of the best in your market. Get this right, and you’re on a fast track to real estate riches, but get it wrong, and you could delay your financial freedom! Ready to build your investor-friendly real estate team? Check out BiggerPockets’ free team-builder to find agents, lenders, and more in your area!  In This Episode We Cover How to build an investor-friendly real estate team from scratch  The sign of a great investor-friendly agent and clear red flags experienced investors notice Why some lenders will lend to you much more easily than others  Why Henry ALWAYS uses an insurance broker (NOT an agent) to find policies  How to incentivize your property manager to make you more money (NOT just collect fees!) A unique way to find quality contractors in your area and how to inspect their work BEFORE you hire them  And So Much More! (00:00) Intro (02:24) Real Estate Agents  (12:15) Lenders and Brokers  (22:08) Insurance  (25:27) Property Managers (34:26) Contractors  (44:07) Where to Find Your Team Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-978 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Every investor would love some extra cash flow…but at what cost? Does it make sense to go all in on a large down payment so that more money trickles in each month? If you want minimal debt, have no plans to scale, and are confident that your new property will appreciate, perhaps. But if your goal is to buy more rental properties and build your portfolio as quickly as possible, there are much better ways to leverage your cash position. In this Seeing Greene, we help a new investor navigate this exact scenario when buying his first property!   Next, we hear from someone whose earnest money deposit (EMD) is wrapped up in a failed medium-term rental. Should she cut her losses and walk away from the deal or weather the storm until the property can cash flow? Stick around to find out! Finally, we chat with an investor who has gone over his rehab budget and finds himself knee-deep in high-interest credit card debt. David and Rob walk him through the steps that will allow him to consolidate his bad debt and turn a ROUGH situation into MORE rentals! Get a BIG incentive on turnkey rentals from today's show sponsor, Rent to Retirement. Visit them at RentToRetirement.com or text "REI" to 33777!   In This Episode We Cover Whether you should ever force cash flow with a larger down payment The BEST first rental property to buy (and how much money you’ll need) Saving up for ONE property versus buying multiple rentals Creative ways to get out of a BAD deal (and when to ride it out instead!) How to get back in the green after overshooting your rehab budget And So Much More! (00:00) Intro (01:30) Which Rental Should I Buy? (07:34) The Medium-Term Rental Fiasco (15:23) Comment Section Callout (19:06) Help, I’ve Gone OVER Budget! (33:05) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-977 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you start investing in real estate with just $15,000? Yep, and mobile home investing is how you do it. We know what you’re thinking, “I don’t want to own trailers! I want to invest in “real” houses where the “real” money is at!” That’s what today’s guest John Fedro thought too some twenty years ago when he stumbled into mobile home investing, which, at the time, was even too embarrassing for him to share. But, over the past two decades, this at-first “embarrassing” investment has made him wealthy, and if you follow his lead, it can do the same for you. John has successfully made money with mobile homes in various ways: buying and flipping, wholesaling, renting, and seller financing, the main topic of today’s episode. He provides a masterclass on how to make money buying and selling mobile homes, where you essentially take on the role of the bank. However, it’s crucial to be cautious. Mishandling this could lead you into an ethical gray area and potentially harm your buyer. On the other hand, getting it right can create a win-win situation for both the buyer and seller while making you wealthy.  John shares his whole strategy, plus how he’s getting into deals for $15,000 and often making DOUBLE his money and $400 per month (or more) cash flow per door when he seller finances these properties. If you want a way to get into real estate investing without a ton of cash but with the potential to make a serious return on your money, this may be your winning strategy. In This Episode We Cover The three “levels” of mobile home investing and how much each costs to get into The danger of seller financing the wrong way and how it can hurt your buyer Why you MUST background check EVERYONE you seller-finance a mobile home to One thing that new mobile home investors overlook that can ruin your properties The exit strategies you must know about to avoid losing money on your next deal Whether or not we would invest in mobile homes (and our concerns with seller financing)  And So Much More! (00:00) Intro (02:32) Seller Financing...Mobile Homes? (11:18) Win-Win Seller Financing  (16:52) 3 "Levels" of Mobile Home Investing (22:08) How Much to Invest?  (23:53) Cash Flow and Profit Numbers (26:51) What to Look Out For (32:38) New Investors, Do THIS!  (33:52) Would WE Invest In It? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-976 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The rental market could finally be returning to stability after a wild past four years. Since 2020, we’ve seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quickly reversed as the fight against inflation began, mortgage rates rose, and would-be homebuyers sat still, not knowing whether to stay renting or search for a home. But, a return to “equilibrium” may be coming soon, and that’s good news for landlords and renters alike. To break it all down, Zumper’s Anthemos Georgiades joins the show to share his team’s latest rent data. Anthemos brings some surprisingly good news for landlords, from new month-over-month rent growth data to consumer preferences shifting to a more renter-focused lifestyle; now may be the moment landlords have been waiting for as renter demand looks promising and rates stay high. We’ll also discuss the inflation lag effect our rental market has caused and how to stay on top of current rent prices.  Has the dream of homeownership died? And if so, how do YOU attract the long-term renters who want to make a home out of your house (while paying YOU rent!)? Stick around for this rental market update every landlord needs to know about. Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Rent growth updates and why rents for some units are starting to climb Single-family vs. multifamily demand and which asset is seeing the most strength  Why Anthemos is predicting a return to “equilibrium” for landlords this summer  The massive effect rent has on inflation and how housing shifts the economy  Is the “American Dream” dead? Why young Americans are ditching homeownership Where to find free, up-to-date rent price data so YOU can make the most from your rental  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-975 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to really stand out in your market? A few renter-friendly interior design ideas can make a world of difference, elevating a run-of-the-mill property into one that attracts tenants and guests and stays occupied year-round. Today’s guest has some affordable, do-it-yourself (DIY) design hacks centered around “maximalism,” the design trend you can’t afford to not know about.   Welcome back to the BiggerPockets Real Estate podcast! If you want to boost your property’s value, keep renters happy, and get even MORE cash flow from your portfolio, you’ve come to the right place. Today, interior designer Tay “BeepBoop” Nakamoto joins the show to share some of her most popular rental design tips. Regardless of your investing strategy, whether you own short-term rentals or are flipping houses for a profit, you won’t want to miss out on these enormous value-adds. The best part? They are extremely cost-effective, easy to implement, and, most importantly, reversible!   In this episode, Tay delves into maximalism—the interior design trend that is taking the world by storm in 2024—and shares how you can seamlessly integrate this popular style with your rental properties. She even shares some of the best places to find furniture, décor, and materials, as well as some common pitfalls to avoid when tackling your own home renovation projects! In This Episode We Cover The best renter-friendly, do-it-yourself (DIY) design hacks for rentals How to implement maximalism throughout your rental properties Why you must know your limits when making design changes Where to find budget-friendly furniture and décor for your property How landlords can benefit from keeping up with the latest design trends Common pitfalls to avoid when tackling your own home design projects And So Much More! (00:00) Intro (01:17) What Is Maximalism? (04:31) Fixing Up Her First Home (11:02) Renter-Friendly DIY Projects (20:50) Common Pitfalls & Cosmetic Changes (26:42) How to Implement Maximalism (27:49) Connect with Tay! (28:24) Boost Your Property's Value! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-974 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to retire early? Real estate investing might be your best bet. Looking to boost your cash flow and expand your real estate portfolio, too? In today’s show, we’re sharing how to use home equity to build wealth the RIGHT way, plus the “portfolio architecture” secrets that enable you to retire earlier than you thought. Whether you’ve got one rental or a hundred or are just starting to dig into real estate investing, we’ve got the investing information you need on this Seeing Greene to reach true financial freedom. First, an investor sitting on $300,000 of equity asks what he should do: sell his current rental property and buy more OR convert the single-family home into a multifamily investment. The answer isn’t as clear-cut as you’d think. Next, we discuss whether ARMs (adjustable-rate mortgages) vs. fixed-rate mortgages are your best bet for a lower mortgage rate. Plus, we'll share the five BIG mistakes new real estate investors can make. Finally, David describes “portfolio architecture” to an investor who wants to retire by age fifty. He CAN get it done, and you can, too, IF you follow David’s massive passive income plan!  Want to ask David and Rob a question? If so, submit your question here so they can answer it on the next episode of Seeing Greene, or hop on the BiggerPockets forums and ask other investors their take! In This Episode We Cover How to retire earlier with rental properties by strategizing your “portfolio architecture” Using home equity to invest and whether you should renovate a property or sell it and buy more rentals  Adjustable-rate mortgages (ARMs) vs. fixed-rate mortgages and the “rate roulette” you could be playing Five real estate investing beginner mistakes you should avoid when using the BiggerPockets Forums  How to explode your cash flow by converting your long-term rental into a short or medium-term rental  And So Much More! (00:00) Intro (01:31) Buy More Rentals or Convert Current One? (07:33) ARM vs. Fixed- Rate Mortgages (16:43) 5 Mistakes New Investors Make (21:08) Portfolio Architecture (Retire Early!) (32:05) Moving “Lazy” Equity (42:09) Note Investing 101 (51:12) Starting a Business (53:50) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-973 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What sets apart the wealthy from the wannabes when investing? Knowing how to find real estate deals! You’ll be ahead of ninety-nine percent of investors if you know how to find off-market real estate deals and discounted on-market properties. Today, we’re giving you everything you need to know to find real estate deals in your market, no matter your budget, and even if you have zero real estate investing experience. Henry Washington, co-host of On the Market and author of Real Estate Deal Maker, is on to condense his seven years of investing into simple steps YOU can follow to find undervalued real estate. You’ll learn what a great real estate deal is, how to spot one even if you’ve never invested, why buying right is what REALLY makes you rich, three steps to start finding deals today, and the beginner mistake that’ll stop the deals from coming your way. Plus, Henry even shares the hidden on-market deals ANYONE can find (if they’re up to it). If you follow these steps, you’ll have a steady stream of real estate deals flowing your way. But if you don’t, you could waste years of building wealth waiting for the right deal to fall into your lap. So, are you going to take action or make excuses?  In This Episode We Cover How anyone in any real estate market can find undervalued real estate deals The three steps to finding discounted deals and why most people give up too soon Hidden on-market deals that anyone with a real estate agent can find  The biggest beginner mistake you can’t afford to make (it’ll could cost you…) Why you DON’T need a ton of time and money to start finding off-market real estate And So Much More! (00:00) Intro (02:08) What Makes a Great Deal? (06:34) How You Really Make Money (08:10) 3 Steps to Find Deals  (16:21) Biggest Beginner Mistake  (20:37) Learning From the Best  (23:29) Hidden On-Market Deals (29:09) Most People Won’t Do This  (33:02) Beginner Steps to Take (35:26) Grab Henry’s Book Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-972 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re almost halfway through 2024, and the housing market is at a standstill. Mortgage rates are high, inventory is low, buyers have fewer choices, and many homeowners refuse to put their properties up for sale. But could things change in the second half of this year if interest rates fall and inventory improves, even if ever so slightly? We brought Redfin Chief Economist Daryl Fairweather on this BiggerNews episode to get her team’s latest 2024 housing market predictions. First, Daryl explains how our stubbornly strong economy put the Federal Reserve in a challenging position and whether or not we could hit the magic two-percent inflation rate goal. Will buyers ever get a break in this tough housing market, and could lower interest rates improve things? Daryl shares what she thinks will happen once the Fed finally cuts rates, how low rates could go, and whether or not this will heat home prices up yet again. Some “unusual demand” may come late this year for housing, but will agents, brokers, and sellers see the traditionally hot summer season they’ve been waiting for? We’re answering all these questions and more with this housing market data leader on this BiggerNews episode!  Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover 2024 housing market and mortgage rate predictions from Redfin’s Chief Economist  How our economy has stayed so stubbornly strong EVEN with rate hikes  Homeowner control and why buyers may be in an even worse position AFTER rates fall Improving housing inventory and what’s contributing the most to more homes on the market Why inflation may NOT need to hit the two-percent target for the Fed to lower rates The “lock-in effect” explained and why more homeowners with low rates could start selling And So Much More! (00:00) Intro (01:38) A Stubbornly Strong Economy (07:03) Housing Is STILL Hot? (13:23) Mortgage Rate Prediction ((18:29) Will Inflation Fall? (20:56) 2024 Predictions (23:53) An Opportunity for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-971 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Before you start investing in real estate, make sure you hear this episode. Almost every beginner ends up making these five big real estate investing mistakes. Some cost money, some cost time, but all of them cost you peace of mind and push you further away from achieving financial freedom. We’re breaking down these five big mistakes so you can avoid them and start building wealth faster! Dave Meyer and Rob Abasolo are back today to discuss the five common real estate investing mistakes to avoid. From buying bad deals to doing wrong calculations, getting stuck in analysis paralysis, and beyond, even our expert investors have fallen into these beginner traps a few times. However, their previous mistakes could make you money as they share exactly how to avoid these rental property investing pitfalls. If you want to invest in real estate but are stuck, scared that you’ll make the wrong move, jump into today’s episode and take notes. If you can avoid these real estate investing mistakes, you’ll not only end up richer but with far less grey hair than even the most savvy investors. Let’s get into it! In This Episode We Cover The five biggest real estate investing mistakes that beginners make (and YOU can avoid) Why even a profitable rental property can be the “wrong” deal for you  The one thing that most new investors leave out when they’re analyzing real estate deals The “sacrifices” you can make to get the money for your first or next real estate deal  Why you should NOT borrow money to buy your first investment property  The problem with real estate partnerships and why they’re so easy to get wrong An antidote to analysis paralysis that’ll stop you from sitting on the sidelines  And So Much More! (00:00) Intro (01:25) 1. Buying the Wrong Deal (05:57) How to Avoid Bad Deals (07:14) 2. Analyzing Wrong (11:09) 3. “Lacking” Money (23:23) How to Do Partnerships (25:49) 4. Getting “Stuck” (29:01) Escaping Analysis Paralysis (31:12) 5. Doom and Gloom (34:18) Talk to THESE People Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-970 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your rental properties are sitting vacant—what do you do? Do you sell or lower your rent price to spark some interest? Will reducing your rent open you up to bad tenants? We’re getting into exactly what you should do in this sticky landlording situation, and many others, in this episode of Seeing Greene. This time, we’re sharing wisdom on what to do when you can’t find tenants, how to invest with just $15,000 in 2024, which rental property mortgage to pay off first, and whether to keep or sell your newly renovated rental. As usual, your real estate investing experts, David Greene and Rob Abasolo, are on the show to help answer any investing question you can think of. Our first video submission comes from a new investor who is completing his first BRRRR (buy, rehab, rent, refinance, repeat). With only $15,000 in the bank and a desire to build a real estate portfolio, what’s the BEST way to use such a small amount of cash? Next, a landlord with multiple rentals wants to know which mortgage to pay down first: her primary residence or her other rentals. An out-of-state investor with a vacant property struggles to find a tenant even after lowering his rent price. A medium-term rental owner with a burnt property asks whether to sell or re-rent the property after his insurance-paid renovations are completed. Want to ask David and Rob a question? If so, submit your question here so they can answer it on the next episode of Seeing Greene, or hop on the BiggerPockets forums and ask other investors their take! In This Episode We Cover Struggling to find tenants? What to do if you think your rent price is too high  Building a real estate portfolio with just $15,000 and why you must use the “BRRRR method” Paying off your mortgage early and whether to prioritize loan balance or interest rate when picking which property to pay off The huge danger of using a HELOC (home equity line of credit) to pay off a property What to do after you renovate/rebuild a rental property—keep or sell it? And So Much More! (00:00) Intro (01:24) Build a Portfolio with $15K? (10:43) Which Mortgage to Pay Off First?  (20:22) I Can’t Find Tenants!  (30:00) Sell or Keep Renovated Rental? (35:30) Ask Us Your Question!  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-969 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to make millions WITHOUT owning real estate? Rental arbitrage is the strategy for you. And maybe you’ve heard about it before, but we promise you’ve never heard anything like this. Today’s guest is bringing in millions of dollars through “guaranteed” rental arbitrage contracts that last YEARS. You heard that right—guaranteed rent for years, often at the highest price on the market. And you don’t need to own a single rental property to try this strategy. So, how do you get started? If you’re looking to make big money with big deals but don’t have the deep pockets to buy a hundred-unit apartment complex, Noble Crawford has what you need. After choosing his wife’s health over his day job, Noble realized he needed an income stream he could depend on—one that wouldn’t be ripped away from him when life’s challenges arose. He learned about Airbnb investing and, by default, rental/Airbnb arbitrage. When the opportunity came for him to house medical students in need, he jumped at the chance and found a seriously lucrative investing avenue. In today’s episode, Noble will walk through exactly what you can do to start making tens of thousands, if not millions, with rental arbitrage. Plus, he’ll share how to get the deeply-desired government contracts that guarantee you top-of-the-market rent for YEARS. In This Episode We Cover How to use “rental arbitrage” to invest in real estate without owning a single property  The lucrative government housing contracts that can make you millions (seriously!) How Noble gets up to $10,000 per month per unit with these lucrative cash flow contracts Crucial first steps to starting your rental arbitrage empire (don’t get these wrong) Exactly where to find and how to get in touch with agencies that are looking for housing  And So Much More! (00:00) Intro (01:23) Cash Flow “Contracts” (04:38) $10,000/Month from ONE Rental? (09:23) Leaving His Job (12:20) Moving from Airbnb to Contracts (18:44) How to Compete for Contracts (26:30) How to Get Started (35:01) Connecting with Agencies (36:53) You NEED This Document Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-968 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Almost overnight, multifamily investing went from red-hot to something not even the most experienced investors would touch. After interest rates went up, rent growth stalled, and apartment supply flooded the market, the apartment investing industry became the ugly duckling of real estate. Owners struggled to get tenants and had huge balloon payments due, and no one was there to save them. But one man predicted that this would happen before anyone else—Brian Burke. After seeing a crash on the horizon, Brian sold off most of his multifamily real estate portfolio and did it at just the right time. Now, he has a new prediction that could make apartment investors very happy. But a market turnaround won’t come quickly, and if you want to ensure you don’t make the same mistakes most multifamily investors made in 2020 - 2022, you’ll need to hear this BiggerNews episode.  In this BiggerNews, Brian walks through everything that went wrong with multifamily real estate, signs it’s time to sell your properties, and some hope on the horizon for 2025 that most investors have no idea about. Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover A multifamily real estate update and Brian’s buying plans for 2024 and 2025 The “sobering reality” of the perfectly timed “traffic accident” that hit multifamily all at once  Why as soon as you sense “irrational exuberance,” it may be time to sell your real estate  An optimistic prediction from Brian on when multifamily could finally get back on its feet Syndication struggles and what every syndicator/investor should be doing NOW  Why the multifamily oversupply may NOT be a problem in the coming years  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Property Manager Finder Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram BiggerPockets’ Instagram Listen to Dave on the “On The Market” Podcast See Dave at BPCON2024 in Cancun! On the Market Podcast 214 – What to Know About “Capital Calls” As Multifamily Syndications Get “Squeezed” w/Brian Burke Book Mentioned in the Show The Hands-Off Investor by Brian Burke Connect with Brian: Brian’s BiggerPockets Profile (00:00) Intro (01:57) "Irrational Exuberance” (08:52) Investors Get Hungry (11:34) Developers Come In (14:34) The Sobering Reality (19:01) Distressed Properties (22:02) Don’t Buy Anything? (23:41) Long-Term Multifamily Predictions (26:30) Syndication Struggles Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-967 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Think you've got a bad real estate deal? We doubt it comes even close to what we’re about to share. Today, the experts are in to talk about bee-infested rental properties, risky flips, “wholetail” failures, and other ways that they’ve lost money with real estate deals gone wrong. Why are we sharing such horrific stories? Because we want YOU to be able to avoid the same fate on your first or next investment property. Take a seat, get some popcorn, and pray that your properties won’t turn out like this… First, Henry Washington from the On the Market podcast shares his recent luxury flip…or should we say, luxury “flop.” This property was poised to make him up to a six-figure profit, but it didn’t work out that way. One simple mistake ruined this real estate deal and forced Henry to slowly pay away all his profits to a hard money lender. Next, our own Rob Absolo talks about the dangers of NOT looking at the comps when doing a “wholetail” deal and how you could easily find yourself with a home worth less than what you put into it. Finally, the deal of all horrible deals comes out…David Greene’s deal. Where do we even start? Permit problems, mold, bee infestations, and NO way out—this short-term rental gone wrong is costing David hundreds of thousands of dollars, and with little light at the end of the tunnel, he may be forced to do something drastic. So, how do YOU avoid these nightmarish real estate deals? Stick around so you know exactly what NOT to do. In This Episode We Cover Three of the worst real estate deals our investing experts have ever done Why not knowing your neighborhood can cost you BIG on your next house flip The danger of hard money loans and the massive interest they come with Why you NEED a partner/mentor in your area to confirm a property’s worth The so-called “landlord-friendly” state that’s actively trying to ruin David Greene  How nosy neighbors can end up costing you hundreds of thousands of dollars  Whether or not our investing experts regret investing in real estate after this  And So Much More! (00:00) Intro (01:24) A Risky Luxury Flip (06:02) Final Numbers and Exit Plans (09:19) Henry’s Mistake (11:14) An Overpriced Wholetail (15:04) Rob’s Mistake (23:23) The City Ruined My Real Estate (32:43) David Lost HOW Much!? (36:19) How to Avoid This (39:07) Do We Regret It? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-966 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want a quicker way to buy rental properties? One that takes less cash, less time, and is beginner-friendly? Then you’re in the right place! In this Seeing Greene, we’re talking about the “sneaky rental tactic” that can help you build a real estate portfolio in just a few years. And if insurance and property taxes have been eating away all your cash flow, we go through a real-life investor’s situation to determine whether he should hold, fold, or change his real estate strategy. All that, and more, is coming up! Like most investors in America, your property expenses are rising, but rent isn’t climbing at the same rate. What do you do when your cash flow disappears? That’s what our first investor is asking. Then, a house hacker wants to know how to get into his second property and what rules he has to follow to house hack once again. A rent-by-the-room investor gets given an ultimatum by his potential tenant—what should he do? We’ll also discuss the difference between “cheap” and “bad” houses, what to look for in a home inspection, and what to do when guests throw a party at your Airbnb. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover Whether to keep or sell a rental property if it no longer brings in monthly cash flow The “sneaky rental tactic” anyone can use to buy their first (or next) investment property  How many checking accounts you should have for your real estate portfolio Renting-by-the-room and what to do when a tenant has make-or-break demands  The problem with buying “cheap houses” and why we steer clear of them  What we look at in a home inspection report and what you should always ask the inspector  How to stop parties and large gatherings from happening at your Airbnb or short-term rental  And So Much More! (00:00) Intro (01:51) Sell My Low-Cash-Flow Rental? (07:30) The “Sneaky” Rental Tactic (12:55) How Many Checking Accounts? (15:05) Buying “Cheap” Houses (21:50) Home Inspections 101 (27:58) Ask Airbnb Guests for ID? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-965 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

One investment property could change your life, especially if you buy the right one. Logan Koch, an investor in Pittsburgh, Pennsylvania, was buying investment properties for one specific goal: To retire his parents. With a $45,000/year cash flow target in mind, Logan and his parents went to work, finding small multifamily rental properties to buy, fix, and increase rents on. But one day, Logan stumbled across a commercial real estate deal that nobody wanted, one with huge signs of opportunity. In today’s show, Logan lays down step-by-step exactly what he did to find this unwanted and unnoticed commercial real estate investment, how he was able to DOUBLE the cash flow on it, the massive return on investment he’s walking away with, and even how he got the city to lower his property taxes by two-thirds! The best part? None of what Logan did requires expert-level investing knowledge. Anyone, even a complete real estate investing beginner, can follow Logan’s same thought process to find and buy undervalued real estate deals. Do you want to start building some retirement (or early retirement) cash flow for yourself or your parents? These are the exact types of deals you should be on the lookout for! Stick around as we discuss Logan’s almost unbelievable return on this cheap investment property everyone else was overlooking!  In This Episode We Cover Telltale signs that a property’s expenses are WAY too high (and how to lower them significantly) Setting a cash flow retirement goal that’ll allow you to retire (or retire early) on your timeline  How Logan cut his property tax bill on this investment by over sixty percent!  Seller financing and how to get creative when buying commercial real estate  BRRRR-ing a big property and how Logan bought $15,000/year cash flow for just $20,000! And So Much More! (00:00) Intro (01:58) Investing to Retire His Parents (05:50) Small Multifamily, Big Cash Flow (11:42) Finding the Opportunity (19:01) Cutting Property Taxes by 66% (22:22) A 75% Return!? (29:19) The Rental Retirement Plan Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-964 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing in 2024 isn’t as easy as a few years ago. When interest rates are low, housing inventory is high, the economy is booming, and everyone’s happy, real estate investors can take considerably more risks with bigger payoffs. But now, only the most savvy investors are finding cash flow, appreciation potential, and wealth-building properties. So, with little hope in sight for lower rates or home prices, how do you ensure you’re building wealth, not getting burnt, in the challenging 2024 housing market? If there’s one person who knows how to invest during tough times, it’s J Scott. He literally wrote the book on recession-proof real estate investing and has flipped, landlorded, and syndicated through booms, busts, and the in-between periods. Today, J is laying down his six rules for real estate investing in 2024, which he’s following himself to ensure his portfolio doesn’t just survive but thrive, no matter what the housing market throws his way. First, we dive into the factors causing such a harsh housing market and whether J thinks home prices will rise, flatten, or crash. Next, J walks through the six rules for real estate investing in 2024. We’ll talk about appreciation potential, rising expenses like insurance and property taxes, the riskiest investing strategies of today, loans that’ll put your real estate deals at risk, and why you MUST start paying attention to your local housing laws.  Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover The six rules for successful real estate investing in 2024 from a time-tested expert Inflation, interest rates, home values, and why the housing market has significantly slowed down What rising expenses like insurance premiums, property taxes, and labor will do to your rentals The one thing you CAN NOT assume when analyzing real estate deals (big potential mistake) Adjustable-rate mortgages (ARMs) and why J is avoiding these at all costs Rent control, short-term rental regulations, and housing laws that could put your rentals at risk And So Much More! (00:00) Intro (01:30) What Affects the Housing Market? (11:20) 1. Don’t Bet on Appreciation  (15:46) 2. Expect Higher Expenses, Lower Rent (20:37) 3. Know the Risks of Flips  (26:46) 4. Avoid Adjustable-Rate Loans (28:48) 5. Buy What You Can Hold  (33:15) 6. Pay Attention to Local Laws  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-963 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to reach financial freedom faster? The BRRRR method is how you do it. Seriously—the BRRRR strategy is almost too good to be true, which is why so many real estate investors use it as the stepping stone to start building wealth. In short, the BRRRR (buy, rehab, rent, refinance, repeat) method allows you to reuse and recycle your money repeatedly, turning one sum of cash into multiple investment properties or an entire portfolio! This allows you to build your real estate portfolio faster WITHOUT having to wait around to save up tons of capital to invest. But how do you use the BRRRR method to build wealth, passive income, and financial freedom? We’ve got a financially free investor, Dave Meyer, on the show to walk through the three steps of completing a BRRRR real estate deal. From finding the properties to analyzing them for maximum profit potential and refinancing to get your money back out, these are the steps a beginner needs to take to do their first BRRRR deal. Plus, we’ll even show you a tool that runs the numbers for you in just minutes so you can get your first or next investment property even faster! Want to do BRRRR deals like the pros? Sign up for BiggerPockets Pro to unlock unlimited BRRRR calculator usage and access all the elite investor tools by using code “BUYPOD24” at checkout. Plus, you’ll score a sweet discount and over a thousand dollars in bonuses!  In This Episode We Cover The BRRRR method explained and how to use it to “invest on repeat”  Why BRRRR may be one of the best ways to reach financial freedom FAST The risks of the BRRRR method (and easy ways to get around them) How to find perfect properties for the BRRRR method (and Dave’s favorite way to find deals) Analyzing a BRRRR deal from start to finish (in just minutes!) with the BRRRR calculator  How to get funding for your first or next BRRRR deal with these investor-friendly lenders  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Imagine living in a home where your next-door neighbors are your best friends or family members. We know you’ve thought about it before—starting a compound with all the people you love, everyone helps each other, watches each other’s kids, the community stays safe, and you barely have to drive! This is exactly what co-ownership homes, co-buying, and co-living can do for you! But getting a dozen or so people together to do a real estate deal can be a little tricky; that’s why we have Phil Levin, founder of Live Near Friends, on the show to help. Phil lives in his own housing “cluster” with nineteen (yes, nineteen) of his closest friends. He believes that being near your loved ones helps you live a happier, safer, and more contented lifestyle—and we agree! There are massive positives to living in a neighborhood with your friends. We’re talking free babysitters, consistent helping hands, less driving and more walking, and, of course, being able to see your best friends almost every day of the week. But practically, how does one start building a community like this? Phil walks through the different setups anyone can try to begin living with and around their friends and family, from co-buying with one or multiple others to starting a “minihood” and making your own part of the block, or building an ADU (accessory dwelling unit) for a close friend or two to live in. He even talks about the rising demand for this type of co-living and what developers and real estate agents can do to make serious profits from this growing trend.  In This Episode We Cover Co-ownership, co-living, and co-buying explained and how to live with your best friends  The massive benefits of living near family and friends (especially if you have kids!) The “law of proximity” and boosting your lifestyle by co-living with more happiness and less stress  Creating a “minihood” where you and your friends all live within walking distance How real estate developers can get a jump on this fast-growing co-ownership trend  And So Much More! (00:00) Intro (01:24) Compound Living  (04:00) How to Start Coliving  (07:15) Benefits to Living with Friends  (10:51) “Cobuying” with Friends/Family (16:39) Huge Demand for This Housing  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-962 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the biggest hurdles to rental property investing? High down payments. Most lenders want you to come to the table with twenty to thirty percent down, but with home prices averaging around $400,000, it might not be easy to come up with $80,000 to $120,000 on your next deal, especially with today’s high cost of living. So, how do you skirt the high down payment requirements while still locking up solid real estate deals? We’re showing you how in today’s Seeing Greene! First, a Hawaii investor struggles to scale his real estate portfolio with the state’s significant down payment requirements. David and Rob give him some creative ways to still get deals done. A median-income-earning new investor wants to know whether to buy a new construction home or BRRRR his way to wealth. Then, we debate whether a high down payment with cash flow beats a low down payment with negative cash flow. Looking for a better interest rate on your next deal? We’ll share the seller finance strategies you can use to buy off-market properties, plus whether or not you can buy two houses at once with the same preapproval.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  Support today's show sponsor, Rent to Retirement, by checking out their turnkey rental properties for sale! In This Episode We Cover How to get around high down payment requirements on your next deal BRRRRing (buy, rehab, rent, refinance, repeat) vs. buying new build homes  Weighing the pros and cons of a high down payment with higher cash flow  The ONLY type of investor who should purchase negative cash flow properties Seller financing 101 and how to find these hidden deals with rock-bottom rates Buying two houses with the same preapproval and whether it’s even possible  And So Much More! (00:00) Intro (01:07) How to Avoid High Down Payments (11:36) BRRRR or Buy a New Build? (20:35) Take Negative Cash Flow?  (24:50) Comment Section Callout  (27:36) Getting Seller Finance Deals   (34:24) Buying Two Houses at Once? (36:53) Ask Us Your Question!  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-961 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Looking for monthly cash flow but live in an expensive real estate market? It sounds like you need to start buying rental property OUT of state. After realizing that real estate investing could be the wealth-builder they needed, Jessica and Shyd Coloma wanted to get in the game. But in pricey Southern California, finding passive-income generating rental properties was next to impossible. So, they began looking out of state. Thanks to BiggerPockets Agent Finder, they met Ohio-based agent Michael Gallagher, and now, just a couple of years later, they have a cash-flowing rental property portfolio! Michael was able to quickly show the couple which cities offered cash flow, appreciation, and a bit of both, as well as the parts of town that were seeing the most growth. They ended up buying a duplex for under $100,000, saw instant cash flow, and decided they needed more! In today’s show, they’ll walk through all the numbers of their first and second deals, how their rock star agent saved the day multiple times, and what you MUST look for in an out-of-state investing market. Need an investor-friendly agent? Use BiggerPockets Agent Finder to connect with local agents in your investing area for free!  In This Episode We Cover Long-distance real estate investing and how to buy rentals from 2,000+ miles away  Building your "buy box" so you know exactly what you want in an out-of-state market Cash flow vs. appreciation and which cities in Ohio offer which benefits  Finding a property manager remotely and whether local managers beat national ones Short-term rentals, medium-term rentals, and the strategies to get even more cash flow out of your rental One huge closing hiccup Jessica and Shyd ran into that you should be on the lookout for And So Much More! (00:00) Intro (01:22) Investing Out of State   (08:24) $87K First Rental Property!  (13:07) Finding a Property Manager  (15:06) 2nd Deal in Columbus  (23:34) Closing Hiccups and Final Numbers (29:09) Keep Investing in Ohio? (31:29) Ready to Invest Out of State?  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-960 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2024 housing market isn’t turning out how most of us thought. At the beginning of the year, real estate investors were hopeful that mortgage rates would fall, affordability would return, and home prices would have a chance to stabilize before going back up. But none of those things happened. Rates are still high, affordability is at a forty-year low, and home prices are slowly rising even with diminished demand. Why is this happening, and what’s causing these market moves? All that and more, with VP of Market Intelligence at BiggerPockets, Dave Meyer, in this BiggerNews episode. We’re giving you an entire wrap-up of the 2024 housing market (so far) on today’s episode as Dave goes through the data behind affordability, home prices, inventory, sales, and which real estate markets are faring the best. With more and more homeowners “locked in,” the US as a whole is still experiencing low housing inventory—HALF the amount of inventory from just a few years ago. This puts buyers in a tough spot. Should they buy now with limited choices and high rates or wait for mortgage rates to drop? And if they do decide to wait, what happens to rent prices? Dave answers it all plus shares the region-by-region differences affecting each corner of the US housing market. From high inventory in the Southeast to the often overlooked real estate regions with massive demand, we’ll get into where money is moving and which states you should be most concerned about investing in. All that, and much more, in this BiggerNews housing market update!  Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover A 2024 housing market update and the data you should pay attention to most Why home prices continue to rise EVEN with low demand and record-low affordability Our ongoing affordability crisis and how mortgage rates are stunting home sales Why inventory is exploding in one specific region of the United States (and what it means for investors) Slow rent growth and the multifamily overbuilding problem that could affect many investors Exactly what Dave is investing in this year, plus the one big concern he has for future real estate deals  And So Much More! (00:00) Intro (02:11) Affordability at 40-Year Low (06:13) Inventory is Rising (Good News) (08:41) Home Sales Are Up…Kind Of   (10:48) Rent and Home Prices Increase  (15:04) Hot and Cold Housing Markets  (21:51) What Investors MUST Know (26:42) How to Track the Housing Market  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-959 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hiring a property manager can be one of the best or worst decisions in your real estate investing career. The right property manager can give you the time to scale your portfolio to new heights, all while increasing the revenue on your rental properties. But the wrong property manager can drown you in unnecessary fees, push time-consuming tasks back on your plate, and leave your properties worse off than they were before. How do you distinguish between the two when every property manager tells you they’re the best in the business? In today’s show, we’ll show you how. After building their real estate portfolios, Luke Rzepiennik and Michael Vialpando struggled to find property managers that fit their standards. They both had portfolios of short-term rentals, but no manager in their area was making the cut. With busy schedules and full-time jobs, neither of them could drop everything to become the perfect property manager. So, instead, they started Renjoy to not only manage their own properties but other investors’ properties as well. If you’ve struggled to find the right property manager in your area or are at the tipping point of needing one, Luke and Michael can help. They give a masterclass on property management, from the exact questions to ask a property manager to signs of a great one, red flags to watch out for, and when it’s time to stop managing your own properties and start hiring it out. Plus, we’ll share the huge mistake most rental property investors make and the little “fees” that can kill your cash flow when using a property manager incorrectly. Find a trusted property manager in your area today with BiggerPockets Property Manager Finder! In This Episode We Cover How to hire a property manager so you can spend less time managing and more time scaling What a property manager does and the roles and responsibilities you should expect them to take on  Questions you should ask any short-term rental property management company BEFORE you hire them Death by fees and the tiny charges that are draining your rental of any cash flow When it’s time to hire a property manager and common property management pricing  And So Much More! (00:00) Intro (01:25) Building Their Rental Portfolios (04:07) Property Management Problems (11:59) Questions You MUST Ask  (18:42) When to Hire and Pricing  (24:53) These Costs Will Kill Your Deal! (28:26) Medium-Term Rental Management  (31:25) Saving Your Time  (36:35) Connect with Luke and Michael! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-958 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever thought about buying rental properties abroad? It might surprise you, but investing overseas could bring in much more cash flow and appreciation than you thought possible. Bobby, a real estate investor from Arizona, moved his money down south, buying in both big cities and small tourist destinations in Mexico. He’s here to share everything you need to know about buying international investment properties and how you, too, can beat the US housing market by moving your money elsewhere. It’s time to practice your Spanish because, on this Seeing Greene, señor David Verde and Rob Abasolo are here to talk about investing in Mexico’s cash-flowing coasts and appreciating capital city. Bobby details finding properties for sale when investing abroad, how to get a rental property loan (and today’s mortgage rates), the challenges American investors will encounter, and the tourist markets to look for. Plus, we’ll answer some questions from the comments and listeners about buying in a flood zone, financing an ADU (accessory dwelling unit), and how to run your numbers on a build-to-rent property. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Investing in overseas rental properties and everything you need to know to find deals Financing investment properties in Mexico and the sizable mortgage rate differences Signs that your international investment is actually a scam (red flags!) Tourist markets with solid signs of growth and how to spot them so you can see BIG appreciation Should flood zones scare you, and when is it worth it to invest in a property in one Build-to-rent calculations and the top things the experts look at before buying a NEW property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Property Manager Finder Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Access Exclusive Real Estate Investing Tools with BiggerPockets Pro Try the BiggerPockets Calculators Today Connect with Other Investors on the BiggerPockets Forums Grab David’s Book, “Long-Distance Real Estate Investing” Reach Financial Independence with the BiggerPockets Money Podcast BiggerPockets Real Estate 932 - Seeing Greene: When NOT to Build an ADU and How to Invest $300K (00:00) Intro (01:16) Investing in Mexico! (03:52) Financing Rental Properties Abroad  (06:37) Finding Properties in Mexico  (08:25) Airbnb-ing Abroad Tips (09:59)  Airbnb Profit Numbers  (16:27) The Problem with ADUs and HELOCs (22:41) Buy in a Flood Zone? (25:21) Build-to-Rent Calculations (29:58) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-957 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

"Subject to" real estate has been exploding in popularity. When mortgage rates began to rise, subject to (often called sub to) came in as the hero to save the day. This real estate investing strategy offered investors the chance to take over low-interest-rate loans from homeowners who wanted to sell their properties. And, with often a minimal down payment required, new and experienced investors lined up to give this fast-scaling strategy a try. Without even knowing it, Tanner Litchfield did the same. After being brought a home run, three-percent mortgage rate deal, Tanner knew he had to act quickly to secure what would be a massive passive income play. He put down a six-figure down payment to secure it, with another seventy thousand dollars in renovation costs. Things were rolling smoothly until…they weren’t. Tanner lost every penny he put into this property and the property itself while another investor walked away with it in hand. How did this happen, and how do YOU avoid a six-figure creative financing mistake? In today’s episode, Tanner walks through every difficult detail of this deal gone wrong. He shares the red flags he should have seen in the beginning and the one thing that could have saved him from this deadly deal. If you’re interested in seller financing, subject to, or any other type of creative financing, you MUST listen to this episode, or you could be hit with a six-figure loss, too. In This Episode We Cover: Subject to real estate explained and why so many investors are flocking to this strategy The “due on sale" clause which can easily lose you an entire property if called Why you MUST understand the zoning and rules for your rental property BEFORE you buy it The “gray area” of creative financing that is putting new and veteran investors at risk Why having a solid network in your investing area can stop you from getting burned  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Property Manager Finder Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Hear Dave and Henry On the “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel The Hidden Risks of “Subject To” Real Estate w/Eddie Speed Creative Financing: How To Use It In Real Estate Connect with Tanner: Tanner's BiggerPockets Profile (00:00) Intro (01:20) Ditching Dentistry to Invest (04:35) Finding Creative Financing (06:15) A Perfect Deal on Paper (10:15) Scoring a 3% Interest Rate? (12:39) Things Go Really Wrong (21:15) A Massive "Gray Area" (25:43) A Chance of Recovering? (30:25) What Tanner Would Do Differently Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-956 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Which will make you richer: real estate vs. stocks? We brought the fine folks from The Motley Fool on the podcast to get into a serious debate over which asset makes you more money, which is easier to invest in, and which saves you the most in taxes. We’ll go head-to-head against The Motley Fool’s Jason Moser and Matt Argersinger to finally answer the age-old question: Should you invest in stocks, real estate, or both? For this debate, we had to bring out the big guns. That’s why Dave Meyer and BiggerPockets CEO Scott Trench will be on team real estate for this debate, as Chris Hutchins from All the Hacks moderates to ensure things stay fair. Although we’d love to admit that we crushed this debate, there are some moments when the stock investors will surprise you, showing that real estate may not be for everyone and how stocks beat real estate in numerous ways. But that doesn’t answer the question, “Does real estate make you richer?” Don’t worry; we’ll get into all that in this debate.  Stick around as we get into the topics you care about most: building wealth, barriers to entry, volatility and risk, diversification, REITs vs. rentals, leverage and liquidity, time commitments, tax advantages, and more. If you’re itching to park your cash in an investment, hear out the debate BEFORE you make a move! Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover The ultimate real estate vs. stocks debate (and which will make you richer) Barriers to entry and which asset class is the EASIEST for beginners Volatility and risk, and the sizable advantage real estate has for stable pricing  REITs (real estate investment trusts) vs. rentals and the more “passive” type of real estate investing  How much time it actually takes to succeed at stock investing and landlording  The MASSIVE tax advantages to real estate investing that stocks cannot beat  Why BiggerPockets CEO Scott Trench invests more in stocks than in real estate (!?) And So Much More! (00:00) Intro (02:20) Stocks vs. Real Estate Investing  (04:08) Building Wealth  (08:43) Barriers to Entry  (14:50 )Volatility and Risk  (20:41) Diversification (23:42) REITs (Real Estate Investment Trusts) vs. Rentals  (32:57) Time Commitments  (35:53) Leverage and Liquidity  (41:12) Tax Advantages  (43:54) Closing Arguments  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-955 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Would you buy a house for $100K? That’s right, just twenty-five percent of the median home price in America. Well, we found a couple who does just that, finding fixer-upper properties that often cost less than six figures and turning them into eye-catching, head-turning homes. They even argue that these cheap old homes are BETTER than the newer-built house flips that so many investors are targeting today. So, how do you find your next $100K home, and where do you start looking? Elizabeth and Ethan Finkelstein, the brains behind HGTV’s Cheap Old Houses and the social media account by the same name with millions of followers, join us on today’s show. Elizabeth and Ethan love cheap old houses, but not for the reason you think. Most investors purely look at the numbers or the profit potential, but Elizabeth and Ethan see beyond that, fixing up old houses to not only collect the significant equity gain but restore communities and bring back long-forgotten styles, materials, and looks. They’ve bought houses for as cheap as $27,000 and turned them into homes anyone would dream of having. If you’re an investor without much capital and can get a little handy, these old houses could explode your portfolio. But who SHOULD be buying these cheap old houses? Stick around as Elizabeth and Ethan give their expert advice on what to DIY vs. hire out, which old pieces to keep, the best way for beginners to get started with little money, and the decades that built the BEST houses! In This Episode We Cover How to get on the path to financial freedom by buying cheap old houses  Buying houses for just $27,000 and where to find these types of homes  How old is old enough, and the decades when building quality starts to decline Using the “live in flip” strategy to buy your first fixer-upper or primary residence  DIY vs. hiring it out and the tasks that Elizabeth and Ethan enjoy the most  And So Much More! (00:00) Intro (01:24) Why Cheap Old Houses? (05:16) $150K Houses!? (07:17) Rehabbing New vs. Old Houses  (19:03) Who Should Do These Rehabs? (20:11) Best Ways to Get Started  (23:38) DIY vs. Hiring it Out (27:47) Connect with Ethan and Elizabeth! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-954 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Could building houses make you more money than buying existing ones? When should someone use the 1% rule in real estate, and when does this metric point to a cash flow disaster? What’s the best way to get more capital or funding for future real estate deals: get a HELOC on your primary residence or look for investor-only DSCR loans? We’re pulling some of the top questions from the BiggerPockets Forums and giving our answers on today’s show! Expert investors Dave Meyer, James Dainard, and Kathy Fettke from the BiggerPockets On the Market podcast are on today to answer YOUR real estate investing questions. First, we return to the age-old debate, “Does the 1% rule exist anymore?” With high home prices and lagging rent growth, this once foolproof metric could be an outdated calculation inexperienced real estate investors should avoid. Next, can you make more money building houses than flipping houses?  Are turnkey rentals the best “low headache” real estate investment? We’ll answer that and give our thoughts on when to use a HELOC (home equity line of credit) vs. a DSCR loan (debt service coverage ratio). Finally, for our out-of-state investors, we share the top metrics to look at BEFORE you invest in a new market.  Want to ask a real estate investing question? Post yours in the BiggerPockets Forums, and we might select it for our next show! In This Episode We Cover The 1% rule explained and when you should (and definitely shouldn’t) use it to decide on deals Building new construction vs. flipping houses, plus which could make you more in 2024 Turnkey real estate investing and whether the lost value-add potential is worth the passive income HELOCs (home equity lines of credit) vs. DSCR (debt service coverage ratio) loans Best tools to use and metrics to track when looking into out-of-state investing markets  And So Much More! (00:00) Intro (00:46) Is the 1% Rule Dead? (08:24) Building vs. Flipping Houses (14:30) Are Turnkey Rentals Worth It? (20:56) HELOCs vs. DSCR Loans (25:07) Local Market Metrics to Track (30:46) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-953 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You don’t have to race to financial independence to get there. Dave Meyer, VP of Market Intelligence at BiggerPockets, took his time building up passive income, and years later, it’s what has allowed him to amass impressive wealth all while living abroad, working where he wants, and securing a very stable retirement. But Dave wasn’t always some housing market genius who knew every statistic and metric about real estate investing. He started as a broke college student with no job prospects, struggling to pay his own rent. After graduating college during one of the worst recessions America had ever experienced, Dave was waiting tables to keep the lights on. He realized that he needed a different way to get ahead, and just getting a job wasn’t going to be enough. So, even with no money, Dave convinced a few friends to buy a house together while he borrowed money for his share of the down payment. Dave managed the property, took the tenant phone calls, and did what he had to do to learn the real estate ropes. And…it worked! Now, a decade and a half later, Dave has an entire real estate portfolio of long-term and short-term rentals and passive income streams from syndication investments, but this all started with one small deal he took a chance on. Today, Dave shares every part of his story, from finding the first deal to moving abroad, pausing buying rentals, and why he’s getting BACK in the game now and doing deals again! In This Episode We Cover How to invest in real estate even if you’re starting from zero with NO money The power of house hacking and how this strategy can explode your real estate portfolio  Optimizing your portfolio and how to systematize your rentals so YOU don’t do all the work Investing during a housing crash and why most Americans were running from rental properties  Passive investing through real estate syndications and the pros and cons of putting your money in one  Why Dave is finally getting back into the rental property game after years on the sidelines  And So Much More! (00:00) Intro (01:08) First Rental with NO Money (12:25) Optimizing His Portfolio (18:30) Investing During the Crash (19:46) Moving Abroad (21:45) Passive vs. Active Investments (30:59) Dave’s Current Portfolio Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-952 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Housing prices won’t budge, but there could be some relief on the horizon for homebuyers. As America’s affordability crisis continues to strain consumers, one of the most considerable costs, housing, is much to blame. Rising mortgage rates are making monthly payments significantly more expensive than just a few years prior, but how long can this last? According to the Vice President of Enterprise Research Strategy at ICE, Andy Walden, not much longer. Every month, Andy’s team at ICE releases their Mortgage Monitor data reports, sharing valuable insights on what’s happening in the housing market. On this BiggerNews, we’re asking Andy to share what the data is telling him about home prices, mortgage rates, housing inventory, and buyer demand but, even more importantly, where we could be headed in 2024 and whether or not this hot housing market still has room to run. While there has been huge home price growth over the last few years, Andy reckons prices could begin to “soften” as affordability reaches its breaking point. With demand retreating from the market and housing inventory still on the rise, prices may start to decline, and even if interest rates do fall again, we may not see the uptick in demand many home sellers are waiting for. Stick around as we unpack exactly what’s moving the housing market with ICE’s Andy Walden!  Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Why home prices may begin to “soften” in 2024 and what’s causing demand to fall How to predict housing market trends and the key metrics that indicate potential price movement  The “lock-in” effect that’s causing homeowners to hold on to their properties  Why inventory is quickly rising across much of America, EVEN with sky-high rates The ongoing affordability crisis and the dramatic changes that could solve it  Record home equity and why American homeowners may be richer than ever  And So Much More! (00:00) Intro (01:37) Home Prices Hit New Highs (06:08) How to Predict Market Trends (09:53) Will Prices Soften? (11:37) Why is Inventory Rising?  (19:09) Rate Cuts Won’t Solve This  (27:15) The Cure for Low Affordability  (29:15) Home Equity Breaks Record  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-951 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s one way to invest in real estate that’s cheaper, easier, and more efficient than almost any other strategy. It allows you to get the best mortgage rates with the lowest down payments and buy properties in the best areas. And you can do it every single year until you grow a massive real estate portfolio. Real estate millionaires have been made using this strategy, but most Americans have no idea about it. What’s the wealth-building secret that savvy investors are taking advantage of? Of course, it’s house hacking. If you’ve never heard of house hacking before, the concept is simple: You buy a single-family home or a small multifamily property and rent out the space you’re not using. This not only allows you access to the best mortgages but also keeps your mortgage cost lower than living on your own. This strategy is so good that expert investor Dave Meyer and today’s lender guest, Terrence Terrell, have used it repeatedly to build serious wealth. If you’re a first-time homebuyer or have a home but want to get into rental property investing, this is THE strategy to try first. Terrence gives a beginner-friendly masterclass on house hacking, showcasing the huge benefits of house hacking’s low-money-down loans, what you need to have to qualify for a mortgage, the common misconceptions most people get wrong about house hacking, and how to use this strategy to build wealth fast. In This Episode We Cover House hacking explained and why it’s the easiest beginner real estate investing strategy  How to buy your first investment property with as little as ONE percent down  Qualifying for a mortgage and what first-time homebuyers must know before they apply The free way to find out whether or not you’ll be able to get financing for your house hack The easy, low-money-down way to build a real estate portfolio by house hacking  And So Much More! (00:00) Intro (01:26) What is House Hacking? (03:16) Put Just 1% Down! (07:50) Who Should House Hack? (09:28) It's Not as Hard As You Think (11:55) What Homebuyers Need to Know (14:51) Qualifying for a Mortgage (18:43) Advice for First-Time House Hackers  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-950 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Would you buy a rental property that loses money every month? What if, in a few years, that one property could make you hundreds of thousands of dollars? Would the negative cash flow be worth the massive appreciation upside? Today, we’re answering that exact question from an investor who could be sitting on a wealth-building opportunity but doesn’t know what decision to make. Should he buy the "bleeding" property at a steep discount or give up this needle in the housing market haystack to avoid a cash flow trap? Let’s find out! We’re back on Seeing Greene as David and Rob, your go-to real estate investing experts, answer questions directly from BiggerPockets Real Estate listeners like you! First, an investor has a rare opportunity to buy “Grandma’s house” with over $200K+ in potential equity upside. The problem? It will LOSE $800/month! Next, a new property manager wants to know how to raise rents on a twenty-year tenant. Do you pay capital gains on the profit of your home sale or the entire amount? We’ll show you how to know how much you owe. Then, an investor debates selling his C-class cash-flowing properties in exchange for appreciating assets, and we explain the “sneaky rental” tactic that’ll take you to ten rental properties in no time! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover Negative cash flow and one of the ONLY times it makes sense to buy a “bleeding” rental How to raise rents (the right way) on a long-term tenant  Capital gains tax explained and how much YOU could owe on your next home sale Whether to trade cash flow for appreciation and selling your rentals that don’t have room to grow  The “sneaky” rental tactic that allows you to scale a real estate portfolio FAST  And So Much More! (00:00) Intro (01:23) Losing $800/Month to Make $200K? (11:59) Raising Rents On 20-Year Tenant (21:28) Comment Section & Capital Gains 101 (25:47) Trade Cash Flow Portfolio for Appreciation? (33:05) The "Sneaky Rental" Tactic (38:20) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-949 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

When you think about short-term rental and Airbnb markets, what comes to mind? Joshua Tree, the Smoky Mountains, maybe Destin? We all know about the famous short-term rental markets, but what about the not-so-famous ones? You know, the unsexy markets where you book an Airbnb for a conference or when you’re going to see extended family? That’s right; we’re talking about everyday American markets like Cincinnati, Ohio. But surprisingly, these markets make some of the best investments for short-term rental investors like Jarrod Tucker and Yiwei Cheng. Jarrod and Yiwei moved to Cincinnati for work shortly after catching the real estate investing bug. They knew they wanted to invest in real estate, but long-term rentals only came with measly cash flow that would never support their passive income goals. So, what’s the next best option? Short-term rentals! Unfortunately, Cincinnati isn’t known as a popular vacation getaway, but it didn’t have to be to support Jarrod and Yiwei’s cash flow dreams! Now, five years after the start of their investing journey, they have ten rentals of their own and manage a couple dozen more for other investors. The question is, how do you make money with short-term rentals in an unsexy market? Jarrod and Yiwei walk through their tips for finding the right properties, keeping occupancy rates high, buying real estate when your DTI (debt-to-income) gets maxed out, and why you MUST separate yourself from the basic short-term rentals to reach your financial goals. In This Episode We Cover The three types of short-term rental guests who consistently come to markets like Cincinnati  How to set your Airbnb apart if you’re in a saturated short-term rental market  Tips for higher occupancy and what you MUST have to get more bookings  Scaling your real estate portfolio when you have high DTI (debt-to-income) Using partnerships to buy even more properties when you’re low on cash Why you DON’T need to invest in high-priced, popular vacation destinations  And So Much More! (00:00) Intro (01:36) The Accidental Airbnb Host (08:07) Short-Term Rentals in…Cincinnati? (13:37) Are Short-Term Rentals Saturated? (19:46) Tips for Higher Occupancy (22:31) Scaling with High DTI (Debt-to-Income) (32:24) Advice for New Investors Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-948 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want a low mortgage rate? We mean a really low rate—like 4.75% in 2024 low. What about half a million in profit on a sneaky development deal? Or, maybe you’d settle for a quick house flip that pockets you $55,000 on a bad day. These aren’t made-up numbers; these are REAL deals that our expert investing panel is doing in today’s hot, hot housing market. And if you know where to find deals and steals like these, you, too, could be taking home huge profits like they are! Thankfully, they’re sharing all their secrets on today’s episode! David and Rob are taking some time off to play pickleball, while Dave Meyer and the entire On the Market podcast panel join us today! In this show, we’re talking about the real estate deals getting done in 2024. Each expert brings in a deal they’ve recently done and showcases how they found it, what they bought it for, how much cash flow or profit they’re going to make, and advice to help YOU repeat these home-run real estate deals. First, Dave will share about a cash-flowing on-market rental property he bought (while abroad!) thanks to his inventor-friendly agent. Kathy Fettke gives tips on getting a low mortgage rate on your next new construction rental and how doing so could massively boost your cash flow. Henry Washington walks through a quick flip that will make him $55,000 on the low end and the ingenious way he found this deal. And finally, James Dainard talks about the almost unbelievably good development deal he’s doing in Seattle that will profit $500,000 (yes, that’s half a million!). In This Episode We Cover: How to score a mortgage rate in the four-percent range by buying new construction rentals The three big housing market challenges of 2024 and how investors can overcome them How to find cash-flowing, on-market rental properties by investing out-of-state  One of the smartest ways to find off-market real estate deals for flipping or holding  The one contract clause that is helping James make $500K+ on his new development deal  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets' Instagram On the “On the Market” Podcast Investing in Real Estate Out of State: What You Need To Know 4 Vital Points to Consider BEFORE Getting Into New Construction Flipping Houses: How to Get Started and Everything You Should Know What Exactly Is an Accessory Dwelling Unit (DADU/ADU) (00:00) Intro (01:19) Investing Challenges of 2024 (08:17) 1. Cash-Flowing On-Market Rental (14:41) 2. New Construction with a 4.75% Rate! (20:44) 3. $55K House Flip Profit! (26:11) 4. Making $500K with DADUs!   Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-947 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to attend, festivals were canceled, and human-to-human contact was limited as much as possible. As a result, famous musicians began to become real estate agents, mortgage brokers, investors, house hackers, and everything in between to pay their bills. And guess what—it worked!  Now, touring is back on, but those whose job is pursuing their passions still need extra income to take care of their bills during slow seasons or to build wealth. That’s where Juliet Lalouel from Heavy Realty comes in. Juliet is a Colorado and Hawaii-based investor and real estate agent who helps the music and creative communities find ways to fast-track their financial freedom to keep doing what they love. But her message doesn’t just apply to musicians. Anyone who loves what they do but wants more financial stability can take these lessons to heart. Today, we’re talking about how anyone from any background can use real estate to supplement their income, pay their bills, and help them build wealth. Juliet shares why you may make a great real estate investor/professional without even knowing it and the beginner investments that ANYONE can try to start building a strong financial fortress, even if you’re a real estate enthusiast by day and a rock star by night.  In This Episode We Cover Real estate side hustles that’ll help you make extra income no matter your experience  Why musicians and creatives make GREAT real estate investors  The best ways to start making money with real estate and how to find your perfect role Beginner investments for anyone to start building wealth today Financing your first investment property, even if you DON’T have a W2 Why real estate is the ultimate side income stream to support your dreams  And So Much More! (00:00) Intro (01:36) Anyone Can Invest  (05:07) Why Musicians Make Great Investors  (07:53) The Best Way to Get Started  (13:40) Beginner Investments  (17:57) Financing Your 1st Property  (20:52) Do Your Passion Full-Time  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-946 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a silent threat out there that most real estate investors have no idea about. It’s a threat that could take away all your cash flow, ruin your real estate portfolio, and put you right back to square one after years of work. And even the most seasoned investors aren’t immune to this threat—our own David Greene almost got caught in this trap and had to act quickly to escape. What’s the danger we’re discussing, and how do you ensure YOU don’t lose everything? We’re about to tell you! We’re back on another Seeing Greene as David and Rob take your real estate investing questions and give up-to-date advice on what they’d do in your situation. First, a real estate investor sees his cash flow disappear due to rising operating expenses—should he sell the property or keep a low/no cash-flowing deal? Then, we talk about the silent threat targeting real estate investors—title fraud. An investor wants to know if a low mortgage rate on a subject to deal warrants a higher price, and Rob and David debate whether investing in expensive markets is worth the cost.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Title fraud explained and how silent thieves can steal your real estate portfolio without you even knowing it  Whether to keep, sell, or 1031 exchange a rental property that won’t cash flow  The real value of a low interest rate and why many investors get this wrong  Warning signs that your properties are being stolen out from under you  Investing in expensive markets and why we would/wouldn’t invest in states like Hawaii  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram This “CARFAX for Properties” Could Change EVERYTHING About Investing Ponzi Schemes, Property Fraud, and How to NOT Fall for a Real Estate Scam Cash Flow For Rental Properties: What is Average or Good? Get Short-Term Rental Comps with AirDNA (00:00) Intro (01:25) My Cash Flow Disappeared! (08:05) The Biggest Threat to Your Portfolio? (15:03) Comment Section Callout! (19:06) Would We Invest in Hawaii? (28:15) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-945 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental property isn’t as easy as before. But maybe that’s just because most people don’t know where to look for these properties. In reality, there are steals and deals all around us, and if our hosts can take down home-run real estate deals in this housing market, what’s stopping you from doing it, too? So today, David Greene and Dave Meyer are giving you three ways to find your next real estate deal using both on AND off-market investing tactics. The majority of Americans ignore these tactics, and only serious or savvy investors will follow through on them. Once you know where to find these deals, the deal flow doesn’t stop. If you can master any of these three tactics, you’ll have a source of profitable investment properties streaming to you for years to come. First, we’ll show you how to find off-market deals and a few strategies you can use to locate and engage with motivated sellers. Next, we’re sharing the exact networking play to get real estate deals sent straight to you. And if you think on-market (MLS) deals are dead, you couldn’t be more wrong. David shares how he picked up an on-market luxury vacation rental for a surprisingly low price, all because he knew where to look! Looking for cash-flowing short and medium-term rental properties in the best investing markets in America? Visit Rent to Retirement or text “REI” to 33777! In This Episode We Cover: The three “buckets” for finding your first or next real estate deal in 2024 “Off-market real estate” explained and why most people get it wrong How Dave was able to find off-market deals just by…riding his bike? The people you MUST connect with if you want real estate deals sent to you consistently The overlooked on-market properties that ANY investor can find with huge price-cut potential And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram David' BiggerPockets David's Instagram How to Find a Deal When Inventory Is Low 30 Ways Find Good Real Estate Deals In 2024 (00:00) Intro (01:25) 1. Discounted Off-Market Deals (09:56) 2. Talk to These People  (16:43) 3. Overlooked MLS Properties  (25:50) Find Your Next Deal! Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-944 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to scale your real estate portfolio faster? These investment property loans can help. Most real estate investors get stuck early on in their journey. They buy some properties and build up some comfortable cash flow, but then…they can’t qualify for another loan. They’ve either reached the maximum limit on conventional mortgages OR don’t have enough income to qualify for bigger and better investments. So what do they do? Give up? Settle with a small rental portfolio? No, they use THESE investment property loans instead. Jeff Welgan, our investor-friendly lender expert, is back to show us what we’ve been missing. From DSCR (debt service coverage ratio) loans that help you scale to more doors, to no-income-necessary investor loans that don’t look at your income, to business bank statement loans that’ll let you buy homes based on your business’s cash flow, these mortgages can help anyone in any position, purchase real estate faster. If your DTI (debt-to-income) ratio is too high and you’re struggling to qualify for another mortgage, this is THE episode for you. We’ll discuss using your property’s rent to qualify for more, loans that get around DTI requirements, using your business to fund your deals, and the mortgages you should look into FIRST before you move on to more complex loan products. Stick around if you’re ready to scale faster! Thank you to our sponsor, Rent App: the free and easy way to collect rent.  In This Episode We Cover Why you cannot overlook rehabbing older homes and outdated properties The two things that tell Lisa an older home ISN’T worth investing in  Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high DealMachine’s five ways to find motivated sellers in any market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram Find an Investor-Friendly Tax Pro Today Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Real Estate Podcast 939 - BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan What Is Debt to Income Ratio? (DTI) DSCR Loans: What Are They And How To Get The Best Terms Connect with Jeff: Jeff's Instagram Jeff's LinkedIn Jeff's Website (00:00) Intro (03:20) What is DTI?  (07:03) Use Rent to Qualify!  (09:32) How to Qualify for More  (13:30) Investment Loans You’ve Never Heard of  (21:48) No Income to Qualify?  (26:04) Which Loan to Choose? Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-943 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too. In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!). Want to know how to find these older homes with wealth-building potential? Stick around because DealMachine gives us a bonus segment on the five ways to find a motivated seller in ANY market!  In This Episode We Cover: Why you cannot overlook rehabbing older homes and outdated properties  The two things that tell Lisa an older home ISN’T worth investing in  Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high  DealMachine’s five ways to find motivated sellers in any market  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry’s Instagram BiggerPockets' Instagram 8 Things to Look for When Rehabbing Older Homes Pros and Cons of Old vs. New Rentals Connect with Lisa: Lisa's BiggerPockets Profile Lisa's Facebook Lisa's Instagram Lisa's LinkedIn Lisa's Website (00:00) Intro (01:31) Investing in OLD Houses (05:22) Signs of a Solid Property (10:18) $100K Rehab Gone WRONG (16:06) How to Avoid Bad Deals (19:42) When to Hold and When to Sell (23:54) Tenant Retention 101 (34:27) 5 Ways to Find Motivated Sellers Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-942 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true? What if there was a way to pay off debt WHILE investing, so you could lower your liabilities AND build wealth in the background? And what if you could do that even if you were hundreds of thousands of dollars in debt? If this sounds like your situation, this Seeing Greene is for you! David and Rob are back, answering your real estate questions so YOU can build wealth faster, reach financial freedom, and live the life you love. Our first question comes from a concerned rental property owner wondering why his property management company can’t do something seemingly simple. Then, a nationwide investor asks, “Are home warranties ever worth it?” A medical student with massive student loans asks how to start investing while in debt, and an aspiring investor asks how to turn his inherited rental property into a big portfolio. Will robots cause the downfall of real estate, and when is it the right time to add a bedroom to your rental? All that and more are coming up in this episode! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Should you invest or pay down debt? We have a strategy for doing BOTH! What to do when your property management company ISN’T doing what you want Home warranties 101: an appliance saver or a complete waste of money? How to turn one rental property into an entire portfolio using HELOCs and cash-out refinances Whether or not construction “robots” will cause home prices to plunge  When (and when NOT) to add bedrooms or extra space to your rental property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate? Should I Pay Off My Student Loan or Invest in Real Estate? Complete Guide to Home Warranties Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-941 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone knows how to find a real estate agent. But an investor-friendly agent—one who will find deals for you, run the numbers, hook you up with contractors, and help you get funding—isn’t the same as your neighborhood agent down the street. These agents have connections that can help skyrocket a new real estate investor’s portfolio and bring them deals that no one else knows about. So, how do you find these diamond-in-the-rough real estate agents? You need to ask THESE questions. To help you vet your future investor-friendly real estate agent is James Dainard. James is a flipper, wholesaler, broker, investor, and lender in the Seattle, Washington, area. He’s been buying and selling houses for two decades and does more deals in one month than most investors do in years! He’s here to guide any investor through finding an investor-friendly agent, the crucial questions you MUST ask at the start, his number one tip for finding the best agents in an area, and how agents can set themselves apart from the competition. But that’s not all. With the latest agent commission lawsuits, more buyers are aware that commissions are negotiable. So, whether you’re looking to get a steal on your next deal or want a first-class buying and selling experience, James walks through how you may now be able to negotiate what commission you want to give an agent, depending on what matters most to you. In This Episode We Cover: The best place to find a real estate agent (for investors!) Questions you MUST ask any “investor-friendly” agent BEFORE you use them  The services that expert-level agents provide that’ll help you build wealth faster Negotiating agent commissions and how the recent NAR lawsuit could change the agent landscape How to make sure that your agent knows what they’re talking about when they bring you deals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram 5 Ways to Find an Investor-Friendly Real Estate Agent Connect with James: James' BiggerPockets Profile James' Instagram Broker Website James' YouTube (00:00) Intro (00:52) Regular vs. Investor-Friendly Agents (04:21) Services to Look For (08:47) How to Find the Right Agent (13:50) #1 Tip to Try (17:04) Questions to Ask Your Agent (19:36) Elite Agents Have This (25:22) Negotiating Commissions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-940 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down mortgages coming out specifically to help first-time home buyers finally get into a property, you can now buy a house for no money out of pocket, with your entire purchase price and closing costs covered. These 100% financeable loans aren’t a secret, so why don’t most first-time home buyers know about them? In this BiggerNews, we’re diving deep into the best first-time home buyer loans available in 2024, how to pick up your first property for NO MONEY out of pocket, and low-money-down multifamily deals any brand new investor can start buying today. With affordability at nearly forty-year lows, most Americans struggle to save up a down payment, even if they have enough income to qualify for a home loan. This is where 100% financeable loans come in, making it easier than ever to buy your first home. So, who can get approved for these first-time home buyer mortgages, where do you find them, and how do they work? Jeff goes through these programs on the federal and state levels, showing first-time home buyers where to find them, which loans to avoid, and whether or not they can use these loans to buy their next property. Thank you to our sponsor, Rent App: the free and easy way to collect rent.  In This Episode We Cover: How to get 100% financing on your first property (no money down!) Who qualifies for these first-time home buyer loans, and which properties require a down payment The problem with FHA loans and where you should/shouldn’t use them Rate buydowns and why this once valuable tool is no longer being used How to invest in small multifamily with VERY little money down And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Grab the “First-Time Home Buyer” Book from BiggerPockets 4 Popular Mortgage Programs for First-Time Home Buyers Connect with Jeff: Jeff's Instagram Jeff's LinkedIn Jeff's Website (00:00) Intro (01:12) 100% Financing For Your FIRST Home? (06:28) How These Loans Work (11:40) The Problem with FHA Loans? (14:35) Getting a Lower Mortgage Rate (25:30) Low Money Down Multifamily Investing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-939 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If there’s one thing that’ll make or break your real estate portfolio, it’s property management. When done correctly, property management can feed you consistent, passive income without the everyday stressors of being a landlord. Whenever you hear people talking about bad tenants, midnight phone calls, or surprise maintenance problems, they’re really talking about property management gone wrong. So, how does a rookie real estate investor, with even just one rental property, start managing the right way so they can scale their portfolio faster?  Amelia McGee and Grace Gudenkauf, authors of The Self-Managing Landlord, did it all wrong initially. They were picking up every tenant phone call, placing every service request, taking rent payments every which way, and here’s the thing—none of it was working. As they scaled their portfolios, things only got more difficult until finally, one day, they stopped and developed a system, and like that, their businesses took off. Now, only a few years into real estate investing, both Amelia and Grace have dozens of rental units to their names and less stress than ever before. How did they do it all WITHOUT hiring everything out to a property manager? In today’s show, they’ll share the self-managing principles they used to explode their rental portfolios while staying sane! And if you’re a new investor or are about to be one, these tips could save you YEARS of headaches! In This Episode We Cover: Why EVERY real estate investor should be self-managing when building their portfolio How to start building your property management “system” that’ll save you HOURS a week What brand new investors NEED to start doing once they have their first property Three apps/software that every real estate investor should have Tenant selection 101 and simple mistakes that could cost you months of rent  How to know it's time to start outsourcing and signs you need some help And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Rookie Podcast 111 - 26 Doors in 1 Year? Here’s How You Can Do It Too! w/Amelia McGee Rookie Podcast 161 - Using Calculated Risk to Acquire 17 Doors In Under a Year (at Age 24!) w/ Grace Gudenkauf Self-Management vs. Property Management Company: What’s Right for You? Book Mentioned in the Show The Self-Managing Landord by Amelia McGee & Grace Gudenkauf Connect with Grace & Amelia: Amelia's Instagram Grace's Instagram Amelia and Grace's Website (00:00) Intro (01:48) EVERYONE Should Self-Manage (04:06) How Bad Management Burns YOU (09:31) Start Doing This NOW (14:08) Tips for Your First Rental Property (19:26) 3 Apps/Software You Need (22:44) Tenant Selection and Screening (26:56) Outsourcing vs. DIY (32:21) When to Hire it Out (36:11) Grab the Book! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-938 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Should I pay off my rental property or reinvest? How do I replace my six-figure salary with cash flow from real estate investing? And what’s the best way to analyze crime BEFORE I invest in an area? You asked, and we’re here to answer on this episode of Seeing Greene as we take questions from rookie real estate investors, veterans in the rental property game, and everyone in between. If you want to scale your portfolio faster or quit your job with real estate, this is the place to be! First, we take a question from a high-earner asking whether they should pay off their rental properties OR use their extra money to build a bigger portfolio faster. A fledgling house hacker wants to know the best way to analyze an investing area for crime now that many online listing websites have taken down this data. A business owner is struggling to find real estate write-offs and asks for help, and a rental property investor needs to know which commercial real estate investment boasts the biggest cash flow. Finally, an anonymous question comes in from a techie who’s about to lose their job. How can they replace their six-figure income with rental properties fast? Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Whether to pay off your mortgages early or reinvest to build a bigger portfolio Replacing your salary with real estate income and why you may want to get a job instead  How to analyze an investment area for crime with limited online data  The short-term rental tax loophole that could save you a TON on taxes Will an ADU (accessory dwelling unit) add value to your property on an appraisal? Cash-flowing commercial real estate investments and why top investors pay attention to something else  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Ask Other Investors Their Takes on a Neighborhood Rookie Podcast 368 - Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij Real Estate Podcast 823 - The Tax-Free Strategy Only Real Estate Investors Can Access Real Estate Podcast 919 - How to Use Real Estate to Quit the 9-5 Grind Get a Short-Term Rental Cost Segregation Books Mentioned in the Show Pillars of Wealth by David Greene Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-937 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to invest in real estate with NO money down? Or, maybe you’ve got a bit of cash in the bank and think now is the time to get into the real estate investing game. No matter where you’re at or how much money you have, we’re bringing you four ways to invest in real estate with no money AND low money in 2024. Does it sound too good to be true? Thankfully, this is just how real estate works and our expert investor hosts can back up the facts—these methods CAN be done with little or no money down. Some of these strategies will get you in the game, making cash flow every month, EVEN without owning a rental property. Others will allow you to put very little money down to buy your first house, but you must be willing to follow a few rules. We’ll also get into the short-term rental side hustle that has landlords pay YOU for managing their property and exactly how Rob scored a three percent interest rate (in TODAY’s market) while putting very little money down on a property. Don’t let money stop you from starting your investing journey! Combine a few of these strategies, and you could have a cash-flowing rental property portfolio in just a few years’ time! In This Episode We Cover: How to start a real estate business without owning a single property! The exact method Rob used to score a three percent interest rate in 2024 How to buy one house every year using these low-money-down loans Real estate partnerships 101 and how to invest using other people’s money  The property management side hustle for short-term rentals that could help you save up a down payment And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Network and Learn from Other Investors on The BiggerPockets Forums Grab “The Book on Investing in Real Estate with No (and Low) Money Down” How to Buy a Rental Property With No Money: 10 Strategies for Real Estate Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-936 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are high, supply is low, and inflation just won’t go away. These market conditions make investing in real estate harder than ever…or so most investors think. The truth? This housing market isn’t all that different from years past, and if you know which moves to make, you can get ahead of all the other investors without them noticing. What do we mean? We’ve got a seasoned investor with over thirty years of rental property experience on the show, ready to share how buying during “high” rates can be a huge advantage. But that’s not all we’re getting into on this BiggerNews episode. We’ve got questions directly from BiggerPockets listeners that we’re throwing at expert investor Kathy Fettke to see what time-tested advice she’d give. First, a listener wants to know why mortgage rates aren’t falling and how to get into the real estate investing game during a time like this. Then, we discuss how investors can save themselves against inflation. With a spike in part-time work, could the American economy be showing signs of weakness? Finally, we answer the question everyone has on their minds: Is it the darn millennials’ fault for causing these high home prices? Want to ask a question for a future BiggerNews episode? Post your question in the BiggerPockets forums and get answers from a community of over 2,000,000 real estate investors! In This Episode We Cover: Mortgage rates explained and why interest rates are staying so high Sneaky ways to snag a LOW interest rate in 2024 (Kathy got 4.75%!) The best hedge against inflation and how to protect the money you have Rising part-time work and whether or not this is a recession warning sign  Did millennials cause this unaffordable housing market? And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast BiggerPockets' Instagram Hear Dave and Kathy On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerNews, September: Will Anything Slow Down this Housing Market? with Dave Meyer & Kathy Fettke Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-935 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to pay less to Uncle Sam, most real estate investors are missing out on a MASSIVE tax deduction that could be saving them thousands, if not tens of thousands, on their tax bill. What’s the write-off that even our host, Dave Meyer, didn’t know about? Stick around, or walk away from a HUGE tax savings. Brandon Hall is a real estate investor-focused CPA. He knows the deductions, write-offs, and audit red flags that could be helping or hurting you. Today, he’s walking through whether or not you need a tax professional (a LOT of people DON’T), why you need to start tax planning BEFORE you buy your first property, the biggest real estate tax write-off that most people miss, and why you should WAIT to file your taxes to see if a MASSIVE real estate tax benefit is making a much-awaited comeback. Need a tax professional to help you make the right tax moves? Find one for FREE with BiggerPockets Tax Finder. In This Episode We Cover: The big real estate write-off that most investors are completely overlooking Why you should WAIT to file your taxes in case this MASSIVE tax benefit returns Who should (and definitely shouldn’t) be doing their own taxes  Scaling your portfolio? Why you MUST start strategically planning your taxes now The biggest audit red flags that are NOT worth the deduction (watch out for these!) A bonus depreciation update and how this could save you hundreds of thousands And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast BiggerPockets' Instagram Hear Dave On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Watch Dave on the “On The Market” YouTube Channel 100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall Connect with Brandon Brandon's BiggerPockets Profile Brandon's LinkedIn Brandon's Website Brandon's X/Twitter Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-934 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you follow these Airbnb design tips, you could double your nightly rates almost instantly. Don’t believe us? Erica Dike, a short-term rental design expert, has done it before and is sharing her “designing for dollars” formula ANYONE can use to boost nightly rates, double revenue, or increase their bookings. Erica, like many of us, has seen the standard Airbnb designs. You know what we’re talking about—the sterile walls and lack of color, or the obscurely small dining room table for a cabin that’s supposed to sleep ten. Erica’s designs go far beyond what most guests expect, and that’s why she’s been so successful. Erica gives us the three steps to her “designing for dollars” formula, plus seven tips that ANY Airbnb, medium-term, or long-term rental investor can use to attract their target guest/renter and start making more money than ever before. Plus, if you’re a host with a lackluster short-term rental and are looking for some quick design ideas to spruce up your space, Erica shows you step-by-step how to refresh your rental for MORE revenue! No matter what space you’re in—vacation rentals, travel nurse housing, student rentals, or fix-and-flips—these design tips will blow your potential renters and buyers away, leaving you with more money than the house next door. Ready for Erica to “crack the code” on Airbnb design? Let’s get into it! In This Episode We Cover: How Erica doubled a client’s Airbnb revenue with smart design strategies The “designing for dollars” formula that’ll get you more bookings on Airbnb How to define your “target market” and attract the exact guests you want  The seven steps you can use NOW to get higher rents on your short-term rental Why long-term rental landlords MUST pay attention to design to attract the best tenants The first thing to do if you think your Airbnb needs a redesign or refresh And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast BiggerPockets' Instagram Hear Dave and Henry On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started How to Get More Airbnb Bookings This Spring and Summer Break Connect with Erica: Erica's Facebook Erica's Instagram Erica's X/Twitter Website Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-933 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality. Welcome back to another Seeing Greene. As always, your expert investor co-hosts, David Greene and Rob Abasolo, are here to answer any and every real estate investing question you have. First, we answer, "Is an ADU (accessory dwelling unit) EVER worth building?" With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works, then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: When (and when NOT) to build an ADU (accessory dwelling unit) on your property HELOC (home equity line of credit) interest rates explained and when to open one How David and Rob would invest $300K in today’s housing market How to use home equity and a SMALL real estate portfolio to retire a millionaire  What to do when your long-term tenant NEVER signed a lease Portfolio architecture 101 and the huge benefit of paying off your rental properties  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Listen to Our Sister Podcast, “On the Market” Forum Post: Buying a property where tenant does not have a lease Episode 919: How to Use Real Estate to Quit the 9-5 Grind Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you have just $10,000, you can start investing in real estate THIS YEAR, even with ZERO experience. How are you going to do it? In this episode, we’re breaking down the most beginner-friendly ways to build a real estate portfolio with low savings, a median income, and bills to pay. While this might not be the easiest road to real estate riches, within just a few years, you could be sitting on multiple investment properties IF you make the right moves. Dave Meyer, David Greene, and Rob Abasolo all started investing without much cash in the bank. They had to budget, save, and build up their finances to get their first rental property in the bag. But, once they started investing, it was hard to stop. Now, they all have financial freedom-enabling real estate portfolios that spit out plenty of monthly cash flow. And they’re here to help you build wealth, too! Dave, David, and Rob share their favorite ways to start from scratch when investing in real estate, how to best use $10,000 to get in the game, the one beginner investing strategy that EVERYONE should try, and how to use other people’s money to grow your real estate portfolio even faster! So, if you want to make 2024 the year YOU start investing, even if you don’t have a ton saved up, stick around! In This Episode We Cover: How to start investing in real estate with just $10,000 and a median-income job The best beginner real estate investment for those who want to get into the game How to make money in real estate WITHOUT buying a single property  The unconventional advice that could give you a HUGE pay raise at work Real estate partnerships 101 and the exact pitch Rob gave his first partners to raise money for a deal The “sneaky rental” tactic that allows you to scale your real estate portfolio at lightning speed And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Get Access to Expert Investing Tools with BiggerPockets Pro Network with Other Investors on the BiggerPockets Forums Grab Dave’s Book, “Start with Strategy” Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-931 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The NAR lawsuit changed the real estate industry overnight. Just like that, buyer’s agents were no longer getting their standard three percent commission, and many investors began imagining what buying and selling homes would be like without realtors. But is this massive NAR settlement as dramatic as the headlines are making it out to be? Is there really an agent exodus on the horizon, or is this just a way for the bad agents to exit the industry quickly? We brought on a panel of top investor-friendly agents to find out. Joining us are four agents from across the nation: Avery Carl, Craig Curelop, Juliet Lalouel, and Mike Savegnago. All of these agents are affected by the recent NAR lawsuit settlement, but they don’t seem so shaken up. For many of these agents, this lawsuit simply thinned the competition, putting the expert agents back on top while showing the less-than agents the door. Plus, after the recent deals they’ve done, they’re not too concerned about a lack of buyer’s agent fees. Today, we’re asking each of them their thoughts on the changes to the NAR’s rules, how this will affect buying and selling homes, what this means for real estate agent commissions, and what agents should do NOW to get ahead of the game. Plus, since our agent panel is all investors as well, they give some crucial advice on finding an agent in your area that will help you build your real estate portfolio even bigger. In This Episode We Cover: The NAR lawsuit explained and what it means for real estate agent commissions A “huge exit of agents” and how this could change the real estate industry forever What to do when a seller offers you or your buyer’s agent a zero-percent commission What real estate agents need to start doing NOW to ensure they still get paid The key signs of an investor-friendly agent that any landlord should be looking for Massive downsides of buying or selling without an agent (it will cost you…) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Craig's BiggerPockets Profile Craig's Facebook Craig's Instagram Craig's Website Juliet's BiggerPockets Profile  Juliet's Instagram  Juliet's Brokerage Instagram Juliet's YouTube Juliet's Website Mike's BiggerPockets Profile Mike's Facebook Mike's LinkedIn BiggerPockets' Instagram Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-930 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why are David and Rob selling off parts of their rental portfolios? It’s a new season, and you know what that means—spring cleaning! And if you’ve got underperforming properties, a real estate business that’s just treading water, or employees who aren’t moving the needle, this is the episode for you. David and Rob are talking about “trimming the fat” of their portfolios and businesses, weeding out the bad expenses, and selling off their problem rental properties. And with spring being the best time to sell, you may want to consider doing the same. First, we’re going through David and Rob’s real estate businesses—they’re talking about hiring, firing, starting new businesses, and when it’s time to slow INSTEAD of grow. Next, the investing duo takes a hard look at their portfolios, triaging the properties into winners, losers, and the ones that need a little love. If you’ve got a rental property that isn’t pulling in the numbers you want, now may be the time to sell! But, if you’re going to sell some of your rentals, how do you use that money to keep building wealth? We’ll get into exactly what David and Rob are doing with the money from their problem rental properties and how they’re using it to multiply their cash flow even more. Don’t leave your portfolio collecting dust—you’ve got some spring cleaning to do! In This Episode We Cover When it’s time to sell your rental properties (and how to know they’re underperforming) Why you should NOT start a new business until you evaluate THIS  Hiring, firing, and how to know it’s time to cut back your business expenses  The real reason you need to visit your properties more often (Rob’s BIG mistake) Return on equity (ROE) and why you need to keep track of this crucial metric David’s potential move and why he may be leaving the Golden State behind  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-929 Learn more about your ad choices. Visit megaphone.fm/adchoices

In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units. How’d he do it so quickly? Before we answer that, we’re going to make this a little more impressive. Dylan isn’t buying in the big cities with tons of inventory going on the market every week—he’s been buying in tiny towns that you and almost everyone else listening to this have never heard of. And he may have struck gold by doing so. Dylan acquired his first investment property right before the lockdowns. Then, after closing, he quickly realized that this was the worst rental property he could have bought. It had everything—low rents, tenants who never paid, and, to top it off, a cesspool of human waste in the crawlspace—everything you need for a deal gone wrong. He quickly got control of this nightmare rental, flipping it and walking away unscathed. But now, he had to start back from square one, this time with new knowledge. Over the next few years, Dylan made it his mission to build multiple income streams, so every dollar he made went into new deals. He eventually met partners that would help him scale even quicker and learned the secret to finding the best off-market properties—don’t worry, he shares it in this episode! Now, he’s got over one hundred rentals across three small markets, and if you copy his strategy, you could too! In This Episode We Cover: Why you CANNOT overlook small markets when investing in real estate The #1 best way to find off-market real estate deals in any area How much emergency reserves you should have on hand at ALL times Investing in real estate with no money by finding the deal FIRST Scaling your real estate business faster so you don’t have to do so much of the work The risk of having only a W2 salary and just one income stream And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Use The BiggerPockets Investment Calculators On Your Next Deal Hear Dave and Henry On the “On the Market” Podcast 8 “Under the Radar” Housing Markets With Low Prices and High Cash Flow Connect with Dylan Dylan's BiggerPockets Profile Dylan's Facebook Dylan's Instagram Dylan's Website   Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-928 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

When is it NOT worth taking a capital gains tax exemption? Wouldn’t it ALWAYS be a good time to pay Uncle Sam less? Not exactly…and today, we’re going to get into why. But there’s much more coming up in this Seeing Greene. If you’ve had trouble with an overbudget home renovation or are a real estate agent looking for new ways to find leads, stick around—we’ve got just what you need. BRRRRman and Rob-in are back as our housing heroes, answering any and every question you have about real estate investing. First, Ronnie, a new real estate agent and full-time law enforcement officer, wants to know how to get more leads in his small market. David gives one piece of advice EVERY real estate agent must hear to help explode their businesses. Next, we discuss refinancing vs. recasting your mortgage and when each is worth it. A house hacker debates reinvesting in his backyard tiny home or buying a house in cash. Then, we talk about why selling your former primary residence, even with a capital gains exemption, might not make sense. And finally, a rehab gone wrong causes an investor to question whether it’s time to hold ’em or fold ’em. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to get more real estate leads as an agent no matter the size of your market “Recasting” your mortgage and how it can save you hundreds or thousands every month Reinvesting in a rental or buying a new one in cash using a cash-out refinance Avoiding capital gains taxes when selling your primary and whether to move that cash into a new rental OR keep the property Home renovations gone wrong and when to sell a property you’ve gone over budget on And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Meet Investors in Your Area on the BiggerPockets Forums or at a BiggerPockets Meetup: Forums Meetups Grab David’s Book, “SCALE” Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-927 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

You want to grow your real estate side hustle, but your W2 is taking up too much of your time. How do you invest in real estate when you’re stuck at the office or behind a desk from nine to five? We’re about to give you expert tips on growing a real estate portfolio or real estate business no matter your W2 because if David Greene and Rob Abasolo can do it, so can you! Whether you want to build a rental property portfolio, flipping or wholesaling business, real estate agent side income, or something else, it can be a struggle managing your real side hustle while working your full-time job. And, if you eventually want to quit your job and become a full-time real estate investor, you’ll need your real estate to produce as much or more than your current job, but how do you make that type of income with only nights and weekends free? These six tips will help you create a bigger, better, more scalable real estate side hustle, helping you do more with less time WITHOUT burning out. From setting a side hustle schedule to automating everything you DON’T need to be doing, avoiding feeling overworked, and using your free time to speed up your timeline to financial freedom, these tips are CRUCIAL if you ever want to build wealth through real estate. So, if you’re struggling to balance your job with creating a real estate business/portfolio, implement these tips TODAY! In This Episode We Cover: Why you need to START telling your boss (and yourself) “no” more often How to automate and delegate to free up time in your day so you can do what matters most The Pareto Principle (80/20 rule) that will change the way you do anything and everything Tips to avoid burnout when working a job AND for yourself and what David did to reverse his real estate paralysis Why you should NOT quit your job until you’ve reached THIS stage of investing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast How to Use Real Estate to Quit the 9-5 Grind David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-926 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Housing inventory has shot up over twenty percent year-over-year. So, are our low inventory struggles finally behind us? During the low interest rate days, housing inventory couldn’t keep up with demand. Within days of posting a listing, properties had already gone under contract, and buyers could no longer bid. But now, with higher interest rates, we’re finally starting to see a return to “normal,” but a rate cut could take us back to scarce inventory in an instant. So, is now the time to buy? Mike Simonsen from Altos Research joins us on this BiggerNews episode to give an update on housing inventory. Mike’s team tracks every home for sale in the country every single week and has been doing so for almost two decades. Today, he gives us the most recent data on homes for sale, why inventory is rising, the states that are seeing the most inventory hit the market, and whether or not we can expect to return to pre-pandemic inventory levels. Plus, for those debating waiting it out for lower mortgage rates, Mike shares exactly how rates will affect housing inventory and why waiting could throw you back into the bidding wars once rates drop again. Mike even discusses the data behind price cuts and when you can expect sellers to start accepting lower bids.  In This Episode We Cover: A housing inventory update and why more inventory is finally starting to hit the market What happens to housing inventory if interest rates fall or rise Florida, Texas, and other southern states that are seeing a surge in housing inventory  Why most investors are wrong about price cuts What must happen if we’re to see inventory rise back to pre-pandemic levels The one thing buyers and sellers should know if they’re waiting for rates to fall  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram The Housing Market “Signals” That Predict Where We’re Headed w/Mike Simonsen HousingWire CEO: This Inventory Shortage Could Last Decades Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Connect with Mike Altos Research Mike's LinkedIn Mike's X/Twitter Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-925 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to explode your real estate portfolio? Then you MUST know about raising private money. When done correctly, private money (also called private capital) can help you and your investors reach financial freedom faster instead of wasting months or years between deals as you wait for your savings to grow. The best part? It’s not just the big players that are raising private capital. Small-time investors doing five or ten-unit deals can still massively benefit from private money, and we’re about to show you how to get it! When talking about private capital, there’s arguably no one who knows the subject better than Matt Faircloth. Matt literally wrote the book Raising Private Capital and has used the same strategies in it to raise millions of dollars for his own investing business, The DeRosa Group. Matt’s partner, Hervé Francois, also joins us today to go over the beginner steps of raising private capital. These two capital-raising experts will show you exactly how to raise your first $1,000,000 in three simple steps and give you a pitch example you can use to raise private capital from ANYONE in your network! Connect with more investors, get more deals done, and raise private capital faster with a BiggerPockets Pro membership. Podcast listeners get 20% off with code “FUNDING24”! In This Episode We Cover: How to raise private capital and get your first $1,000,000 in private money Scaling your real estate portfolio FASTER by leveraging private capital The BIGGEST mistake beginners make when trying to raise private capital The three beginner steps you can take to start raising private capital for your next deal A private money pitch example you can use to start building your network The best real estate investing tool that every capital raiser should have And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast BiggerPockets Tools Mentioned in Today’s Video: Bootcamps Forums Invelo Meetups Rental Property Calculator Rent Estimator Grab Matt’s Book, “Raising Private Capital” Connect with Hervé Hervé's BiggerPockets Profile Hervé's LinkedIn Hervé's Website Connect with Matt Matt's BiggerPockets Profile Matt's Instagram Matt's Website Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-924 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Feeling scared to do your first or next real estate deal? Even if everything goes wrong, you may still be in a better position than Ayesha and Kevan Shelton were just a few years ago. After quitting their jobs to become full-time real estate investors, Ayesha and Kevan found themselves staring at a $300,000 loss. Their credit was ruined, their life savings drained, and most of their partners walked away, never to return. Ayesha and Kevan did the right thing, paying back every investor who funded their failed house flips, but it came at a cost. With a baby on the way, Ayesha and Kevan were debating bankruptcy to get some relief from the massive financial pressure they were under. But some wise investors told them they had it in them to rebuild their wealth—and that’s precisely what they did. In today’s incredible investor story, you’ll hear about how this power couple pivoted to turn their business around and began investing in new build construction projects. Now, five years later, they’ve built sixty homes, developed their own communities, and created true wealth out of nothing. The best part? These new construction homes are affordable housing, helping solve the inventory crisis we’re currently facing and giving those that truly need it safe, affordable, quality homes to live in. And if Ayesha and Kevan can do it starting from negative, you can too, even if you’re starting from zero! In This Episode We Cover: How Ayesha and Kevan turned a $300K loss into a massively successful business  Why you always (ALWAYS!) pay back the investors you’ve borrowed from Affordable housing 101 and how to get discounted land deals for your next new construction project How to find the “path of progress” of where homes will appreciate in your area Scaling your business with new construction homes instead of flipping houses Private money, hard money, and other creative financing methods to use when banks WON’T fund your deals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Dave and Henry On the “On the Market” Podcast 4 Vital Points to Consider BEFORE Getting Into New Construction Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Connect with Kevan & Ayesha Kevan's BiggerPockets Profile Ayesha's Facebook Kevan's Facebook Ayesha's Instagram Kevan's Instagram Ayesha's LinkedIn Kevan's LinkedIn Park Street Homes Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-923 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

When is enough enough? When is it time to STOP investing in real estate? When you have a hundred units or a thousand? When can you step back and let the hard work and grind pay off so you can spend more time with your family, spouse, children, and loved ones? But maybe this is just the start of your real estate investing journey, so a better question would be: how to start investing when you DON’T have tons of money to get in the game? Whether you’re a couple of years away from early retirement or gearing up for your first rental, we’ve got you covered on this episode of Seeing Greene.  Full-time real estate investors David and Rob are back to answer your investor questions! This time around, live-caller Ethan wants to know when enough is enough. He’s built a big real estate portfolio, but his spouse is asking, “What’s the end goal?” Next, David and Rob share what’s going on in their own lives and the “perfect storm” that hit David head-on that could be headed your way. A young house hacker wants to know the best plan for his property after he moves out: rent by the room, turn it into a long-term rental, or go the short-term rental route. Finally, a homeowner with some sizable equity but no extra money asks if she should sell her low-rate primary residence and exchange it for some investment properties.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Why you need to start preparing your short-term rental for spring and summer break NOW When to start raising rates on last-minute guests (HUGE revenue boost) What you MUST include in your listing before it’s spring/summer break Amenities that any host can add to their home to bring in more bookings  Why seasonal photos make a huge difference to guests when browsing properties How to avoid parties at your property and guest red flags to watch out for Airbnb’s indoor camera ban and what to do if you have security cameras on your property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Our Interview with AirDNA’s Jamie Lane AirDNA PriceLabs David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Ask David Your Real Estate Investing Question BiggerPockets Podcast 795 with Chad Carson BiggerPockets Podcast 492 with Rob Abasolo Forum Post: Sell Primary Residence to Use Equity for Rentals? Check Out Rob’s New Short-Term Rental, The Pink Pickle Book Mentioned in the Show: SCALE by David Greene The Small and Mighty Real Estate Investor by Chad Carson Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-922 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Wondering how to get more bookings on Airbnb as spring break and summer vacation inch closer? With some expert tips, you’ll be able to bring in more revenue and higher reviews during these peak travel times. From listing optimizations to algorithm-beating description tweaks and amenities that’ll make your short-term rental stand out, using any of these expert tips can help your single short-term rental or short-term rental portfolio see more bookings flow in! We’ve already got a short-term rental expert on the show, Rob Abasolo. But one isn’t enough. Avery Carl is back to give her time-tested tips on boosting your Airbnb bookings during the spring break and summer vacation seasons. These two full-time vacation rental investors get into how to make more money with last-minute bookings, why you MUST change your pictures before it’s too late, the description tweaks that can lead to a full calendar, and the “low-hanging fruit” amenities that guests LOVE to see! Plus, since it’s spring break, these experts give their best tips on how to avoid parties at your property and stop your short-term rental from becoming a spring break rager! In This Episode We Cover: Why you need to start preparing your short-term rental for spring and summer break NOW When to start raising rates on last-minute guests (HUGE revenue boost) What you MUST include in your listing before it’s spring/summer break Amenities that any host can add to their home to bring in more bookings  Why seasonal photos make a huge difference to guests when browsing properties How to avoid parties at your property and guest red flags to watch out for Airbnb’s indoor camera ban and what to do if you have security cameras on your property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Our Interview with AirDNA’s Jamie Lane AirDNA PriceLabs David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Book Mentioned in the Show: Short-Term Rental, Long-Term Wealth by Avery Carl Connect with Avery: Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-921 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

A bombshell NAR settlement could bring wide-sweeping changes to the housing market. After a snowball of NAR lawsuits, the realtor association agreed to settle for a whopping $418 million and make critical changes to how real estate agent commissions are paid and how competition can be upheld. This significantly impacts anyone buying or selling a home and has life-changing effects for every real estate agent and realtor in the country. The New York Times’ Debra Kamin joins us to break the story. Debra breaks down the enormous legal loss that NAR (National Association of Realtors) suffered last week and the impacts it will have on the housing market. First, we discuss the new agent commission rules, which may break the standard six percent fee that realtors are used to taking. These commissions are real estate agents’ livelihoods, and a new model that supports lower commissions could force many agents to leave the industry entirely.  We’ll also touch on the turbulent times NAR has faced recently, from sexual harassment scandals to changing leadership and, now, a massive settlement that could lose them more than half of their members. Will a new type of real estate agent form from the ashes of this century-old model? Or, could a brand-new way of buying and selling homes transform the housing market? Stay with us; we’ll give you the entire scoop. In This Episode We Cover: NAR’s massive settlement creating ripple effects across the real estate market  The new real estate agent commission rules that could shock an entire industry  Changes to the multiple listing service (MLS) that may open the market up to new competition  The future of buyer’s agents and whether or not they’ll remain a critical component to buying a home  Sexual harassment scandals, turbulent leadership, and recent NAR struggles  What the future of using a real estate agent could look like  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Check out the entire episode on the "On the Market" YouTube Channel Dave's BiggerPockets Profile Dave's Instagram The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit Is It the End of the Realtor? Inside the NAR Crisis New Agent Lawsuits Could Have Profound Effects for Buying and Selling Homes Connect with Debra: NYT Debra's Website Debra's Twitter Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-920 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Ready to escape the rat race and leave your nine-to-five behind? You’re tired of the early mornings, late nights, alarm clocks, and commuting. You want to go out on your own, create your own destiny, gain autonomy, and control your schedule. Can real estate help you get there? Definitely, but it won’t be the way you think. Those popular flipping shows on TV and influencer Instagram feeds love to show how easy and fun it is to be a full-time real estate investor. But is this reality? Today, we’re having an “escape the rat race” roundtable as Dave Meyer, David Greene, and Rob Abasolo discuss the best way to quit your job with real estate. Two of these investors are full-time real estate professionals, while one still holds their nine-to-five. In this episode, they get into the exact strategies you can use to start building wealth through real estate, create cash flow to replace your job, and determine which investments will work best for you. There’s even one strategy they ALL agree is the best way to get started. But before you hand in your two weeks’ notice, you better listen up. The world of full-time real estate investing isn’t what it seems on the outside, and unless you’re willing to put in the work, you might as well stay at your job and invest on the side. Want to hear about the grind none of the investing gurus will tell you about? Stick around; we’re sharing it all in this episode.  In This Episode We Cover: How to quit your nine-to-five job and start investing in real estate full-time The easiest way to get started investing in real estate that EVERYONE should do Active vs. passive real estate investing and whether you should flip houses or fund other people’s deals The truth about real estate cash flow and why it WON’T solve the problems you want it to Which personality types should invest in which assets (and the ones you should avoid) Real estate jobs you can start NOW that will help you get into the game even faster  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s Book, “Start with Strategy” Forum Post: Which real estate strategy works best to escape the 9-5 rat race? Hear Last Week’s Seeing Greene, “Seeing Greene: Can I Escape the Rat Race with Just $70K?” Why you shouldn’t quit your 9-5 job to become a real estate investor David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPocket's Instagram Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-919 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fix and flips have looked a lot alike for the past few years. You see the same countertops, wall colors, appliances, and flooring in almost every new flip. While it makes sense for many high-volume flippers to use the same “cookie cutter” recipe repeatedly, it may not get you the highest price on your house flip. If you want to start a bidding war on your next investment property, you’ll need to think outside the box, like George and Heather Bassett have. George and Heather aren’t your everyday house flippers. To start, they filmed this entire interview from inside a church-turned-luxury house flip. George and Heather want to make each home they flip stand out and feel unique to every prospective buyer who walks through it, and their recipe for success sure seems to be working. On a recent flip, they had over fifty showings in one weekend alone. So, what house-flipping tips do they have that could help YOU sell for more? From unique finishes to thinking of livability first, asking the house what IT wants, and staging the not-so-basic way, George and Heather deliver an absolute masterclass on how to turn your next fix and flip into a show-stopping, bidding-war-starting, beautiful property that could give you tens of thousands more in profit than what the everyday flipper is getting. In This Episode We Cover: Why “cookie cutter” flips AREN’T what buyers want in 2024  Inexpensive, “unique” additions that’ll make your fix and flip sell for more Asking the house what IT wants and keeping the character of historic homes  How to use “bold” renovations to start a bidding war on your next house flip  Financing your next fix and flip with hard money, private money, and…credit cards? The ONE thing that’ll help your home sell for TOP dollar (which most people skip) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Dave and Henry On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram The Renovations That’ll Instantly Increase Your Home Value, Part 1 The Renovations That’ll Instantly Increase Your Home Value, Part 2 Check Out George and Heather’s Church Flip Connect with George and Heather: Team Bassett Facebook Team Bassett Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-918 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to escape the rat race? To do so, you’ll need some serious investments. And if you want bigger and better cash flow or appreciation, commercial real estate is the place to start. But how do you find these bigger deals? Sure, it’s easy to log on to your favorite listing website and find a hundred houses to buy, but what about self-storage facilities, multifamily apartments, warehouses, and more? How do you find the BIG deals? On this Seeing Greene, we’re answering crucial investing questions so you can build wealth better and reach financial freedom faster. First, Real Estate Rookie guest Mike Larson calls in to ask how to find off-market commercial real estate deals. If you’ve ever wondered how to invest in commercial real estate, this is the place to start! Next, a BiggerPockets Forum poster asks for the best investment to “escape the nine-to-five rat race.” A short-term rental investor needs to know the best way to invest his home equity. Plus, we discuss why mortgage rates DON’T matter as much as you think they do!  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: How to escape the rat race with real estate investing  Commercial real estate investing 101 and where to find off-market commercial deals Commercial funding tips you MUST know before you try to buy a big property  How to use your home equity to invest and WHICH type of real estate is your best bet What to do when the chances of refinancing to a lower rate look bleak  The truth about high mortgage rates (most investors are WRONG about this) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear James On the “On the Market” Podcast David's BiggerPockets Profile David's Instagram James' BiggerPockets Profile James' Instagram BiggerPockets' Instagram Grab David’s Book “Pillars of Wealth” Ask David Your Real Estate Investing Question From $40K Debt to 4 Doors and Six-Figure Net Worth (In 1 Year!) w/Mike Larson Which real estate strategy works best to escape the 9-5 rat race? Connect with Mike Mike's Instagram Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-917 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

A bad contractor could not only ruin your home renovation but cost you tens if not hundreds of thousands of dollars. Don’t believe us? Just ask Rico to the Rescue’s Rico León. Rico has spent years cleaning up contractor mistakes, making homeowners feel whole again after getting ripped off, lied to, and scammed by who they thought were reputable contractors. As a contractor himself, Rico knows the red flags to spot right away to tell if a contractor will take your money and run, and he’s sharing them with us today! This episode is crucial for ANYONE who owns a home, is looking to renovate one, or is just getting started in real estate investing. Home renovations can make or break your career as a real estate investor, so knowing who can get the job done is a skill that can’t be overlooked. Rico breaks down the common problems inexperienced contractors run into, the Ponzi scheme of payments to look out for, how to create a contractor contract so you protect yourself, and the mistakes you can prevent BEFORE you hire a contractor. Plus, we’ll get into the not-so-obvious red flags that only an experienced contractor will notice, what you need to check before you hire a contractor, the milestones to set up so you don’t get ripped off, and the conversation you must have with ANY contractor before work begins. Finally, Rico leaves us with four tips to help even the most inexperienced homeowner hire the right contractor. In This Episode We Cover: Red flags that point to a shady contractor who has their eyes on your wallet Writing your contractor contract so you stay legally protected during a renovation Why you never (EVER!) pay upfront for a home renovation  What you MUST check before you hire a contractor to ensure they’re legit  The common contractor Ponzi scheme that is slowly being targeted by local governments  Expert-tested tips to hire the right contractor for your first home renovation  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Henry and James On the “On the Market” Podcast Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Watch "Rico to the Rescue" On HGTV Catch Rico On the Other HGTV Shows: Battle on the Mountain House Hunters: All Stars Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-916 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tune into The DealMachine Real Estate Investing Podcast for more episodes just like this! Want to take down off-market real estate deals? You know, the properties you can get at the lowest prices and make a significant profit on? If so, you must know how to talk to off-market sellers. But, before you take your next seller phone call, you better be prepared to get hit with any of these nine common seller objections. And if you’ve been in real estate for a while, many of these sound familiar. But today, our friends at DealMachine will show you how to handle them like a pro. “I need to talk to my spouse.” “I need to think about it.” “My house is worth more!” These are just a few common real estate objections you may have heard before. So, how do you turn a standoffish seller into a motivated one? Jennie Hudspeth, sales trainer for top homebuying companies, is on to give her time-tested, expert knowledge on disarming even the most frustrated sellers so you can get on equal footing and make an off-market deal actually happen! Liked today’s show? Check out even more DealMachine podcast episodes here, where you’ll learn from wholesaling experts and the TOP off-market deal finders!  In This Episode We Cover: How to handle the top nine real estate objections you’ll hear from off-market sellers  The three things that will make an owner unsure about selling (and how to address them) The common “smokescreen” objections and how to bring back a seller’s confidence in you What to do when an off-market seller is fixated on an on-market sales price  Not wasting sellers’ time and ensuring they are in the position to sell their home Why should you NEVER say, “Can I be honest with you?” and what you should say instead  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Listen to “The DealMachine Real Estate Investing Podcast” Get Your Next Off-Market Deal Faster with DealMachine Connect with Jennie: Jennie's Email Jennie's Instagram Jennie's LinkedIn Connect with David: David's BiggerPockets Profile David's Instagram Connect with Ryan: Ryan's Instagram Ryan's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-bonus-2 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Fed has signaled something significant for mortgage rates. With inflation still rearing its head and the job market hot as ever, the Fed already has enough evidence to hold back on lowering the federal funds rate, which influences the mortgage rate you get on a home. So when will the Fed finally lower rates so we can escape this highly unaffordable mortgage market? Or, can the Fed pause for the foreseeable future as we enter a new era of high interest rates? Caeli Ridge, President of Ridge Lending Group, is here to help us answer these questions. Caeli works on getting investors mortgages every single day, so she has a solid pulse on the mortgage market. She gives us a mortgage rate update, explaining what today’s rates look like, when the first Fed rate cuts could come (sooner than you think!), and how a mortgage lender calculates your specific rate. She also gives some tips on navigating this high-rate environment and why merely looking at your mortgage rate as a deciding factor could cost you big time. As we wrap up, Dave will give his perspective on what the Fed is waiting for and the factors that MUST change before the Fed decides to proceed with a rate cut. He’ll also share a few tips on how to get ahead of the competition with today’s high rates and why these unique advantages won’t last long. In This Episode We Cover: How long we’ll have to wait for the Fed to finally cut rates  March 2024 rate update and the rate you can expect on your next mortgage What matters MUCH more than your mortgage rate when closing on a property LLPAs (loan-level price adjustments) and how to score a lower interest rate from your mortgage lender The crucial economic factors the Fed is watching to decide when to lower mortgage rates How to get ahead of the competition during a high-rate environment and buy when the masses are distracted And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Sign Up for BiggerPockets Pro to Attend the Market Intelligence Workshop Grab The Personalized Guide to Picking a Mortgage The BiggerPockets Mortgage & Home Loan Calculator Should You Buy Mortgage Points? Fed Meetings Calendar Connect with Caeli: Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-915 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You hear us talk a lot about buying real estate, but what real estate deals are WE doing in 2024? Today, we’re pulling back the curtain on our portfolios, walking you through actual deals we’re doing, how much they cost us, how much they’re making, and why, surprisingly, one of us STOPPED buying real estate to focus on something that’ll make much more money. Want to know what it is? We’re about to give you every detail you need to repeat the real estate deals we’re doing! First, Rob will talk about his Pink Pickle…yes, you read that right. It’s the newest bachelorette party-themed short-term rental in Austin, Texas! This short-term rental has everything you’d ever need: a pink pickleball court, a pink dinosaur, a mysterious red button that you SHOULD NOT PRESS, and an above-ground pool. This property took a LOT of work, but it only happened because of a real estate deal gone wrong. Next, David gives a masterclass on how to make half a MILLION dollars in equity on one rental property. He also shows you how having an investor’s eye can allow you to TRIPLE the square footage of a home and skyrocket the rents, making you much more cash flow than you thought possible. And no one even wanted this property in the first place! How do you find these hidden deals? Stick around; we’ll show you! In This Episode We Cover: Whether to buy more doors or reinvest in your real estate portfolio in 2024 (and what we’re doing) Housing market headwinds that are stopping most investors and how to get around them Turning a house flip gone wrong into a cash-flowing short-term rental  How David turned a tiny house into a $1.3M triplex with a HUGE equity position  The BRRRRSTR strategy explained (buy, rehab, rent, refinance, repeat, short-term rental) Why you always check for extra square footage BEFORE you make an offer on a house  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube How to Invest in Short Term Rentals (STR) How to Invest in Real Estate With the BRRRR Method Book the Pink Pickle Why I stopped buying real estate (and why you should too) Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-914 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most real estate investors do a few deals a year if they’re lucky. But today’s guest was doing twenty to thirty real estate deals a MONTH. That’s right—not per YEAR, per MONTH. And he did it all while scaling his real estate business at lightning speed. The best part? He didn’t have to use his own money to get there—his deals were being funded completely by private partners, and if you stick around, you’ll know exactly how to do it, too! After closely observing investors while he was a real estate agent, Don’nell Greer got the hang of finding and tackling profitable real estate deals. After much analysis paralysis, he got his first deal under contract—an $80,000 home that needed some heavy sweat equity to make it profitable. With high rents and low home prices, Don’nell knew the deal would work, but he needed more money. Through a family loan, Don’nell realized the power of private money, and once he saw the possibilities, there was no turning back. Fast forward soon after, and Don’nell was borrowing hundreds of thousands of dollars from millionaire investors he met through his network. Thanks to the new source of funding, Don’nell was able to flip dozens of houses a month, making a life-changing business in the process. But it wasn’t all good news. Partnership problems, rising interest rates, and changing market dynamics forced Don’nell to make a hard pivot—a pivot you may have to make in the future! In This Episode We Cover: How to get past analysis paralysis and get your first real estate deal in the bag How to use private money to fund your real estate deals when you’re low on cash Flipping twenty-thirty houses a MONTH by scaling your real estate business  Taking a chance on tenants and why most landlords say “no” to some of the best renters  How Don’nell corrected course when rising interest rates put his flipping business at risk The power of coaching and mentorships and why you need a strong real estate community to succeed  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Dave and Henry On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Find Your Next Home Insurance Contact Don’nell Greer Made $70,000 on the First Property. Now He’s 200 Flips Into His Career—Here’s How He Did It Connect with Don'nell: Don'nell's BiggerPockets Don'nell's Facebook Don'nell's Instagram Don'nell's LinkedIn Don'nell's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-913 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to double your real estate portfolio and bring in much more cash flow? What about using some of your untapped home equity to invest? Today, we’re showing you how to do just that on this episode of Seeing Greene, where we get into real estate partnerships, paying off rental properties, using home equity to invest, and the not-so-secret repeatable thirteen-percent return real estate investment.  Green means go, so we’re flooring it in this episode as David Greene and expert guest James Dainard bring some high-level investing tactics you can use to build wealth even faster. First, we get a question from Real Estate Rookie guest Matt Marcelissen, wondering how he can double his real estate portfolio by harnessing the power of partnerships. David and James give some rare advice on why you SHOULDN’T split things 50/50. Next, an investor wants to know if his low ROE (return on equity) rental is worth paying off. Then, what to do when you have home equity but can’t sell the house? And finally, James’ thirteen-percent return investment he’s using to pay for his kids’ college!  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: How to double your cash flow by using real estate partnerships the RIGHT way  Why splitting returns on your partnership 50/50 is NOT the way to go  Whether or not to pay off a rental property to boost your cash flow How to invest with home equity when you can’t sell a property  Why David looks for this type of housing market “potential” when buying properties Hard money investments that can make you double-digit returns  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Hear James On The “On the Market” Podcast Past Episodes Mentioned on Today’s Show: Dion Mcneeley (Real Estate) Dion McNeeley (Rookie) Matt Marcelissen Seeing Greene 897 Connect with Matt Matt's BiggerPockets Profile Matt's Instagram Connect with James James' BiggerPockets Profile James' Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-912 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to turn your rental property into a cash-flowing machine? What about boosting your property’s equity by tens or hundreds of thousands? The “value-add” strategy can do all this and more, but you’ll need to know the right moves to make. Top real estate investors have been using value-add on their rental property portfolios for decades, turning lackluster rentals into financial freedom-producing properties, and you can do the same IF you know how to spot value-add opportunities. So, today, we’re showing YOU how to make MORE cash flow and explode your home equity by tweaking your rental properties in the right ways. Both David and Rob have done this numerous times across multiple properties. In fact, David even shares a real-life example of how he increased the cash flow on one of his rental properties by over $10,000/month thanks to an interesting strategy most rookie real estate investors would completely overlook. Not only that, Rob was able to turn his first Southern California home into a multifamily rental that hosts long, medium, and short-term tenants, and rakes in massive cash flow almost a decade after purchasing it. Whether you’ve got small, big, long, medium, or short-term rentals, you can use value-add to create more passive income and bigger equity gains. Stick around as we give away our secrets on the best value-add moves to make.  In This Episode We Cover: How to use the “value-add” investing strategy to make MASSIVE cash flow on any property  The two most common ways to add value to your rental property portfolio The value-add improvements to spot BEFORE you buy another rental property (most people miss this) Additions, ADUs, and other ways to add more doors to your rental property  Boosting your cash flow by converting your long-term rentals into short and medium-term rentals  What you MUST do BEFORE you start adding on to your rental property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Learn The Original Value-Add Strategy with The BRRRR Book The Renovations That’ll Instantly Increase Your Home Value, Part 1 The Renovations That’ll Instantly Increase Your Home Value, Part 2 How to Do Value-Add Renovations Without Disrupting Tenants Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-911 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Did you know that a certain shade of paint can help you sell your home for more? Or that one type of countertop could cause buyers to get into a bidding war over your house? What about the one inexpensive outdoor improvement that families LOVE to see when touring homes? Today, we brought on Zillow’s Home Trends Expert, Amanda Pendleton, to share all the secrets to help you sell your home faster and for more! Amanda’s team at Zillow takes design data to a whole new level. They know which paint colors prospective buyers want to see, the type of pictures you MUST have on your listing, and the cheap upgrades any homeowner can make to get even more bids on their home. In this episode, she’s sharing much of what her team has learned so you can not only sell for more but also learn the tricks sellers are using when you go to buy your next home. First, Amanda updates us on housing inventory and outlines today’s “typical buyer.” Then we ask, “Is now the right time to sell?” Plus, we’ll get Amanda’s top tweaks to make to your home so you can sell for more. But it’s not just eye-catching upgrades we’re talking about. Amanda also shares the home renovations with the lowest ROI (return on investment) and the one pricey upgrade that is RARELY worth the money. In This Episode We Cover: Home renovations that cost less than $5,000 but can BOOST your property value The free home-selling tweaks you can make that will bring in more buyers  The upgrades that will hurt your home when trying to sell and could be a negative investment  2024’s typical buyer, and exactly what they’re looking for when shopping for homes A housing inventory update and why we’re slowly starting to see homes come on the market The one super affordable upgrade anyone can make to their backyard  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Hear Dave and Henry On The “On the Market” Podcast BiggerPockets' Instagram Zillow Data From Today’s Show: Zillow Research Page Best Interior Paint Colors for Selling Your House Connect with Amanda: Amanda's LinkedIn Amanda's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-910 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can’t invest in your own backyard? Out-of-state investing is the way to go! With it, you can invest nationwide, finding more cash flow or appreciation potential than you would in your local area. But managing a rental property portfolio from hundreds, if not thousands of miles away, isn’t always easy. Thankfully, we’ve got two time-tested out-of-state investors with six killer tips to share on making your next long-distance investment as profitable and painless as possible. Whether you’re buying short-term rentals, long-term rentals, or something in between, these tips can help ANYONE find financial freedom faster, deal with fewer tenant headaches, and save a ton on future maintenance bills. The best part? You don’t have to check in on your property every other week to ensure it’s safe and sound, but you will need local help if you’re trying to take your investment to the next level. What exactly do we mean? Stick around; we’re walking through all the top tips you need to know.  Want more tips for out-of-state investing? Pick up David’s book, Long-Distance Real Estate Investing! In This Episode We Cover: The top six expert tips for buying and managing out-of-state investment properties Cash flow vs. appreciation and why you MUST know what you want BEFORE you buy an out-of-state rental The real estate market “fundamentals” that point to a phenomenal investing area  Investing with your end goal in mind so you can quit your job or retire a multimillionaire  Local laws that can DESTROY your investment if you DON’T know about them  The “boots on the ground” team that’ll keep your property in tip-top shape (no matter where you are) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Try the BiggerPockets Rent Estimator Should You Invest Locally or Long Distance? Books Mentioned in the Show Long-Distance Real Estate Investing by David Greene Start with Strategy by Dave Meyer Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-909 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want BIG cash flow numbers? How about $400K/year cash flow? Would that be enough to set you financially free? For Amanda and David Fornelli, this is reality, and it’s all thanks to one very unique rental property investment. And even though these numbers are massive, Amanda and David aren’t that removed from being real estate rookies. Just five years ago, they didn’t own any rental properties and were W2 workers just looking for a way to make some extra income. After finding themselves in a real estate investing program, this power couple began flipping any house they could get their hands on in Southern California. Within three months, David had made twice as much from flips as he did at his day job, so he quit, and the rest is history. Now, they’re full-time investors, still flipping houses, but ALSO running a multimillion-dollar boutique hotel that’s making them hundreds of thousands of dollars a year in profit. In today’s episode, Amanda and David talk about leaving their jobs to flip houses full time, how they slowly realized that short-term rentals beat the short-term profits of house flipping, why they’re still investing in high-priced Sothern California, and the massive cash flow they’re making off their very first commercial real estate investment—a small, but very profitable boutique hotel. In This Episode We Cover: Making $400K/year from an unconventional type of rental property When it’s time to quit your job and become a full-time real estate investor Using the BRRRR strategy to make massive wealth gains WITHOUT investing your own money How to mitigate risk when doing high-priced house flips (especially as a beginner!) Raising private money and how to buy bigger, better real estate deals without using your own cash Short-term rental vs. hotel investing and why you CANNOT treat these as the same assets And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Henry's BiggerPockets Profile Henry's Instagram Hear More From Henry On The “On the Market” Podcast Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram How to Buy a Hotel: Breaking Down Tony’s FIRST Commercial Real Estate Deal Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds w/Amy Mahjoory Stay At Yara Palm Springs - Instagram: @yarapalmsprings Stay At Yara Palm Springs - Website Connect with Amanda & David: Amanda Instagram: @_amandafornelli_ David Instagram: @davidjfornelli Portfolio Instagram: @nopali_properties Nopali Properties - Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-908 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Where’d all the cash flow go? More than ever, rental property owners are waking up to find less and less mailbox money coming in every month. This is doubly true for those who used low down payments to house hack and turned their properties into full-on rentals. So, what do you do if you have a rental property giving you low, no, or negative cash flow? Should you sell it and swap it for another investment or ride it out, betting on future appreciation gains? We’re giving our thoughts in this Seeing Greene! As always, David and Rob are here to answer your pressing real estate investing questions. But resident yacht tycoon James Dainard also brings his twenty years of investing experience to the show to help this week’s rookie real estate investors. First, our very own Noah Bacon asks what he should do with a negative cash-flowing house hack that has six figures in tax-free equity. Then, we ask a question everyone wants an answer to, “WTF is wrong with investors these days?” If you want to turn your house into a rental property, stick around because two more investors ask whether it’s worth it AND when you can start writing off those lucrative real estate tax deductions. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Whether to keep or sell a rental property that’s losing money every month Appreciation vs. cash flow and why SO many new investors get this wrong How to minimize your chance of negative cash flow by buying in THESE areas Why some real estate markets appreciate while others rarely see price growth Whether you should turn your primary into a rental property or buy an investment property instead Real estate tax deductions and how long you have to wait to write them off And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram James' BiggerPockets Profile James' Instagram Hear James On The “On the Market” Podcast Ask David Your Real Estate Investing Question Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes w/Matt Bontrager WTF is wrong with investors these days? Connect with Noah: Noah's BiggerPockets Profile Noah's Instagram: @makinbaconrei Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-907 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to become a millionaire with real estate EVEN in 2024. You’re trying to make big wealth-building moves this year, but how do you reach seven figures without any real estate experience? Thankfully, you don’t need to be an investing expert or property-picking genius to make a millionaire dollars in real estate—you just need to follow the basic steps almost any real estate millionaire follows. So, how do you get started? We’re going to show you in today’s episode! It should be no surprise that our two hosts, David Greene and Rob Abasolo, are real estate millionaires and have been for years. After grinding away and buying multiple properties, both David and Rob realized, almost accidentally, that they had million-dollar net worths. What they did to get there wasn’t high risk, didn’t take a whole lot of time, and is easily repeatable by any real estate investor EVEN in 2024. So, today, our millionaire hosts will show you exactly what they did to make a million dollars, the easiest ways to get started in real estate today so you can begin building wealth, the strategies anyone can use to make tens if not hundreds of thousands of dollars in equity, and what you can do NOW even if you NO cash to invest.  In This Episode We Cover: How to become a millionaire (even in 2024) through real estate investing  What a millionaire actually is, and why so many people get this calculation wrong  The beginner strategies ANYONE can use to become a millionaire in today’s economy  Whether or not a million dollars is even enough to be considered “wealthy” in 2024 The two most powerful investing levers you can pull to become a millionaire faster How long it will take to make a million dollars, and the FIRST STEP you should focus on  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Start Connecting with Other Investors in The BiggerPockets Forums The Millionaire Formula: 10 Steps to Hit 7-Figure Net Worth Top 10 Tax Advantages of Investing in Real Estate Books Mentioned in this Show: BRRRR by David Greene The House Hacking Strategy by Craig Curelop Pillars of Wealth by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-906 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

On a national level, Fannie Mae is predicting the multifamily market to remain subdued in 2024. Ever since interest rates began to rise, multifamily transactions have slowed considerably. Higher rates made profits fall, and as a result, buying and improving multifamily properties halted. And, with a massive lag in multifamily construction, new units were popping up left and right in already saturated markets, creating a race to the bottom for rent prices as multifamily operators struggled to keep their units occupied. But, the multifamily woes may be close to over. Kim Betancourt, Vice President of Multifamily Economics and Strategic Research at Fannie Mae, joins us to share the findings of a recent multifamily report. Kim knows that there are oversupplied multifamily markets across the country. Cities like Austin have become the poster child for what oversupply can do to home and rent prices. However, Kim argues that this is only a fraction of the overall housing market, and many markets are in need of more multifamily housing. So, if much of America is still struggling with having enough housing supply, shouldn’t rents be on an upward trend? Kim shares her team's findings and rent forecasts, explaining when rents could begin to climb, which multifamily properties will experience the most demand, and why we need MORE multifamily housing, not less. In This Episode We Cover: Fannie Mae’s 2024, 2025, and 2026 rent growth forecast for multifamily A “tale of two markets” and why the “oversupply” narrative isn’t the whole story Property classes and why B/C-class properties are seeing such strong demand The one metric that points to a growing or shrinking multifamily real estate market  Why so many millennials are “stuck” as renters and can’t become homeowners How rising rents could affect multifamily prices and boost valuations across the country And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Want More Up-to-Date Housing Market News? Check Out the “On the Market” Podcast Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why These 10 Markets Are Building the Most Multifamily Housing—How Can Investors Take Advantage? Fannie Mae’s Insights and Reports: All Research January 2024 Multifamily Market Commentary February 2024 Multifamily Market Commentary February 2024 Economic and Housing Forecast Connect with Kim: Kim's LinkedIn Kim's Profile - Fannie Mae Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-905 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

For years, the BRRRR method (buy, rehab, rent, refinance, repeat) was every real estate investor’s favorite strategy. And it’s easy to see why. Using this simple formula, you can buy an outdated property, fix it up, lock in some solid equity, and then refinance, having the bank pay you back all the money you put into a deal. It sounds foolproof in theory, and up until 2020’s hot housing market, it essentially was. But things have changed. Home prices are higher than ever, mortgage rates are still double what they were during 2021, and everyone and their grandma now wants to invest in real estate, making more competition for these outdated homes. So, one big question presents itself: Does the BRRRR method still work in 2024? And, if it does, what are some ways to beat the competition and score a seriously good deal, no matter the mortgage rate? Well, we’ve got the man who literally wrote the BRRRR book on the show—our very own David Greene! David is giving his time-tested insider tips on how to build wealth with BRRRR, create more equity on your next home rehab, which new loans make BRRRR much better in 2024, and why you CAN’T rely on cash flow anymore, but you can rely on something MUCH more beneficial. Ready to get your first (or next) BRRRR done in 2024? This is the episode for you! In This Episode We Cover: The BRRRR method (buy, rehab, rent, refinance, repeat) explained Whether or not you can still do a BRRRR in 2024 (and if it’s even worth it) New types of loans for BRRRRs that make buying and cash-out refinancing MUCH easier  Cost-cutting rehab tips to make sure you don’t go over budget on your next home renovation The not-so-basic “value-add” potential you NEED to look for in your next BRRRR property Massive tax benefits, long-term wealth, future cash flow, and more upsides of doing a BRRRR in 2024 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Grab The BRRRR Book How to Invest in Real Estate With the BRRRR Method Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-904 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Would you buy multifamily real estate now? Asset prices are falling, mortgage rates are still high, banks aren’t taking on new loans, and every real estate “expert” thinks that the multifamily space is full of dead deals. If this was so true, then how did Brian Adamson build a multimillion-dollar, 120-unit portfolio with plenty of cash flow and seven figures in equity all in the past four years, a time of tremendous booms and busts in the multifamily market? Well, he’s about to show you! Brian started investing before The Great Recession but didn’t walk away from the housing crash unscathed. Thankfully, a few upside-down properties didn’t stop him from investing as he continued to do wholesaling and fix and flip deals from 2008 onwards. But, in 2020, he had a calling to start investing in multifamily during a hot market and in areas most real estate investors would run from. Fast forward close to four years later, and Brian has a rental property portfolio of over one hundred units, with tens of thousands in cash flow coming in every month and millions in equity. He bought when he shouldn’t have, in places investors run from, with loans even top investors refuse to use, but he came out on top. In this episode, he’ll break down his exact strategy, what and where he’s buying, and how much money he’s making, plus some real estate markets he’s bullish on in 2024. In This Episode We Cover: Massive multifamily deals that are making Brian a millionaire even during a down market A failed first multifamily attempt that cost Brian tens of thousands of dollars Investing in markets that most investors would NEVER even consider  The exact rent, cash flow, and equity numbers Brian looks at before buying How to use bridge loans to cover your rehab costs on a home-run deal Real estate investing markets that Brian is bullish on in 2024  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Beginner’s Guide To Investing In Your First Multifamily Property Multifamily Is Likely To Start Recovering in 2024—Here’s Why Book Mentioned in the Show SCALE by David Greene Connect with Brian: Brian's BiggerPockets Profile Brian's Facebook Brian's Instagram: @brianadamsonofficial Brian's LinkedIn Brian's Website   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-903 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to build a real estate business? When done right, a real estate business could make you hundreds of thousands, if not millions, of dollars a year, even with a small team. You’ll be able to do dozens more deals, scale your portfolio faster, and find true financial freedom in a matter of years. But it won’t be easy. Starting a real estate business is one thing, but scaling it is a different beast. So, we’ve brought multimillion-dollar real estate business owners onto the show so YOU don’t make their early-stage mistakes. It’s a bird, it’s a plane, it’s…David with a green light behind him. You know what that means—it’s time for Seeing Greene, where David, Rob, and special guest James Dainard answer YOUR real estate investing questions. Fan-favorite guest Josh Janus is back to ask how to scale a real estate business and what to delegate first. A tax-smart investor asks whether to sell his home or keep it as a cash-flowing rental. Two investors close to retirement ask how to invest $1,000,000 and how to start investing as a later starter. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to scale your real estate business when you’re feeling burnt out (and expert mistakes to avoid) The first things to delegate and outsource when building your business  Whether to sell a house for a BIG gain or keep it as a cash-flowing short-term rental  How to invest $1,000,000 and the problem with searching for “passive” income  How to get into the real estate investing game as a late starter with a fair share of cash  Some much-deserved review love for our very own Rob Abasolo  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Ask David Your Real Estate Investing Question Catch James on the “On the Market” Podcast From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!) w/Josh Janus Books Mentioned in the Show SCALE by David Greene Connect with James: James' BiggerPockets Profile James' Instagram   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-902 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to start investing in real estate and buy your first rental property, there are six beginner steps you’ll need to take. Following these steps to a tee could mean the difference between having a home-run first investment property and a horrible experience that leaves you worse off than before. So stick around as we lead you to your first property (and financial independence) faster, even if you’re an investing beginner. We’ve brought on Certified Financial Planner (CFP) and personal finance master Kyle Mast to walk through the six steps you must take before buying a rental property. We’re not talking about the usual “find an agent, find a market, find a property” type of advice. This time, it’s all about setting you up for FINANCIAL success and, more importantly, stopping you from financial failure by making the wrong moves in the beginning. If you don’t get these steps down, you can kiss your dreams of financial freedom goodbye. We’ll touch on how to define your investing goals to get what you REALLY want out of life, how to evaluate whether or not you’re even in a financial position to invest, how to fix your bad finances if they’re not up to shape, building a solid emergency reserve for when things go wrong, and what the experts say you NEED to know before you invest in 2024. In This Episode We Cover: The six beginner steps EVERY investor must take before buying an investment property Investing with the end in mind and deciding what you really want: money or time? Budgeting, getting rid of bad debt, and how to make and save more money to invest  Building emergency reserves and why skipping on this is a costly mistake that could set you back years EXACTLY what you need to know before investing (if you can’t answer these questions, you should NOT invest) Tips to get you to your first rental property even faster  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram A Personal Finance Masterclass with Kyle Mast Check Out SoFi’s High-Yield Savings Account Books Mentioned in the Show Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki The Richest Man in Babylon (BiggerPockets Edition) by George S. Clason Set for Life by Scott Trench Connect with Kyle: Kyle's BiggerPockets Profile Kyle's Twitter Kyle's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-901 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The old ways of financial freedom are gone. Before, buying a rental or two and repeating the process for a few years was all you had to do to find financial independence and retire early, sipping fruity drinks on the beach without a worry in the world. But now, that's over. The days of easy passive income are gone, but a new path to wealth is beginning to emerge, one that will still lead you to millionaire status if you’re strong enough (and smart enough) to take it. It’s the 900th episode of the BiggerPockets Real Estate podcast, and this is no ordinary show. We brought out the big guns this time. Brian Burke, J Scott, and Scott Trench, all time-tested investors, join us to share the truth about real estate investing in 2024 and answer the question we’re all thinking: “Is it still possible to reach financial freedom with real estate?” But that’s not all. We’re getting their takes on whether or not to wait for lower mortgage rates with monthly payments still sky-high, which strategies are working for them in 2024, which investors will get burnt during this investing cycle, and what a new investor can start doing TODAY to become a millionaire in the next decade. Plus, they share why investors should be fearful now more than ever and why the get-rich-quick influencers are about to get the wake-up call of a lifetime. In This Episode We Cover: Whether or not financial freedom is still achievable through real estate in 2024 Why waiting for mortgage rates to drop might not be the best move to make Investing strategies that are making money RIGHT NOW (and which to avoid) Why investors MUST have more “fear” if they want to survive in this market The slow, steady path to building wealth with real estate (this WORKS in 2024) What new investors should do RIGHT NOW if they want to get in the game And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear James on The “On the Market” Podcast David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Past Episodes Mentioned in Today’s Show: Scott Webinar David Greene’s First Episode J’s First Episode Brian’s First Episode Books Mentioned in the Show The Book on Flipping Houses by J Scott Real Estate by the Numbers by J Scott and Dave Meyer Pillars of Wealth by David Greene Connect with Brian: Brian's BiggerPockets Profile Brian's Website Brian's Instagram Connect with J: J's BiggerPockets Profile J's Website and Socials Connect with Scott: Scott's BiggerPockets Profile Scott's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-900 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

With some often overlooked home renovations, you could boost your property’s value by tens, if not hundreds, of thousands of dollars. But which home renovations have the best bang for your buck? We’ve got pro house flippers James Dainard and Jessie Rodriguez back on the show to give their insider tips on the home upgrades that could get you up to a 400% return on your money and the interior renovations they NEVER skip during a house flip. Last time, we talked about the exterior renovations that can make your house stand out from the rest during a busy buying season (If you missed it, click here to take a listen). This time, we’re taking our shoes off and heading inside, talking about the best kitchen, bedroom, and bathroom upgrades that offer huge returns for often just hundreds of dollars. So, even if you don’t have the budget to add new rooms, you can still pull out thousands more in extra equity with these quick interior fixes.  But if you do have a chunk of change set aside, we’ll also get into adding bedrooms and bathrooms as well as opening up more living space so you can wow buyers (or an appraiser) as soon as they step through the door. Plus, the not-so-sexy but certainly necessary upgrades you’d NEED to pass an inspection! In This Episode We Cover: The most overlooked home renovations that don’t cost much but can increase your property’s value Whether an “open-concept” floor plan is still worth it in 2024  The one kitchen renovation that could give you a 400% return on your investment A pro tip to save over thirty percent on this one crucial bathroom upgrade  When to add bedrooms and bathrooms to a home (and the return you can expect on additions)  When to replace an old water heater, furnace, or electrical panel so you DON’T get flagged during an inspection And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear James on The “On the Market” Podcast David's BiggerPockets Profile David's Instagram BiggerPockets' Instagram Unbelievable Returns from Flipping This New Type of Real Estate Did High Interest Rates Kill House Flipping? Connect with James James' BiggerPockets Profile James' Instagram Connect with Jessie Jesse's Instagram Jesse's LinkedIn Jesse's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-899 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if you could make six figures on your first real estate deal? “Yeah, right! Where am I going to find a property like that?” you say. What if we told you that instead of finding a home-run rental property, you could build a better one? Now, not only do you have some instant equity once the house is built, but you also deal with none of the expensive capital expenditures, regular repairs, and common headaches that come with owning an older home. And you can do this even in the most expensive of markets. When Lacey Russell was looking for an investor-friendly agent, she turned to BiggerPockets Agent Finder, where she found her rockstar real estate agent, Sam Haack. Together, they realized that building a new construction rental worked FAR better than buying one, so Sam scoped the market for investor-friendly builders, and now, they’re off to the races. They’ll go through the full numbers of this real estate deal, from land costs to loans, equity forecasts, cash flow, and more! Want to find an agent just like Sam? Hop on the BiggerPockets Agent Finder, answer a few questions, and get matched with investor-friendly agents in your area!  In This Episode We Cover: How to find profitable real estate deals when your market is VERY expensive or has no inventory When building rentals beats buying them and how much instant equity you can make How to find an investor-friendly agent no matter your real estate market The type of lender to look for that’ll get you a lower mortgage rate  Finding a builder in your area that’ll work with your investor-first numbers What you MUST tell your real estate agent in the beginning to find success together And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear Henry on The “On the Market” Podcast Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Try the Rental Property Calculator on Your Next Real Estate Deal Books Mentioned in the Show Buy, Rehab, Rent, Refinance, Repeat by David Greene Rich Dad Poor Dad by Robert Kiyosaki Wealth without Cash by Pace Morby Connect with Lacey Lacey's LinkedIn Connect with Sam Sam's BiggerPockets Profile Sam's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-898 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties. Whether you plan on keeping them or giving them to your children later in life, rental properties are one of the best ways to secure generational wealth for your children, their children, and many generations to come. But how do you give your kids everything while ensuring they stay hard-working, frugal, and financially savvy? We’re gonna show you how. Welcome back to Seeing Greene, where David, Rob, and special guest James Dainard answer your legacy-building questions. First, Falisha wants to know how to create generational wealth for her children. James gives an interesting take on why he’s NOT giving his kids rental properties but doing something that’ll make buying a home MUCH easier when they come of age. An investor on the BiggerPockets forums asks when to put appreciation over cash flow, an almost-financially-free investor wonders when he should go full-time into real estate, and a young investor wants to know how to start investing in real estate when his local market is too expensive. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to start creating generational wealth and set your kids up for LIFE! Getting around estate taxes by putting your assets in a trust  Cash flow vs. appreciation and when breaking even is actually a major win When to leave your job to become a full-time real estate investor (think TWICE about this) The easiest way to start investing in real estate, especially when you have little money or experience  Investing in townhomes and the one BIG expense most investors overlook  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear James on The “On the Market” Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube James' BiggerPockets Profile James' Instagram BiggerPockets' Instagram The Renovations That’ll Instantly Increase Your Home Value w/James Dainard and Jessie Rodriguez Connect with Falisha Falisha's Instagram: @falisha_rexford Falisha's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-897 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Which home renovations will boost your property’s value and put you in a better position to sell? Or, if you’re not selling, how do you rake in even more equity during a hot housing market? If you have some time, a bit of money, and the knowledge from this episode, you can instantly increase your home value through some standard home renovations. But we’re not just talking about replacing the roof (although we DO talk about that); we’re getting into the nitty gritty of exterior home renovations that’ll truly make you richer. So, how did we come up with the best bang-for-buck home renovation list? Easy—we didn’t! We just asked pro flippers James Dainard and Jessie Rodriguez to do it for us. Both of these investing veterans have flipped hundreds of houses. They know what’s worth the cost and, more importantly, what isn’t. Together, they drop some time-tested gems on the home renovation hit list that’ll turn your outdated home into an up-to-date masterpiece and bring about bidding wars. Stick around because we’re going to share the renovations that will give you a 100% ROI, the easy fixes that, when not addressed, can cost you tens of thousands, and the simple upgrades that’ll make your home stand out from the competition! In This Episode We Cover: The best bang-for-buck home renovations that will increase your property’s value The 100% ROI renovation that most flippers will overlook but buyers LOVE to see How to avoid paying a HUGE seller concession by upgrading this key part of your home David’s most hated part of a home that has ruined many past deals for him and his clients Termites, dry rot, and how to take care of them in a cheaper, better way than calling the pest control company  The simple exterior upgrade that makes your home stand out when selling  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear James on The “On the Market” Podcast David's BiggerPockets Profile David's Instagram: @davidgreene24 BiggerPockets' Instagram Unbelievable Returns from Flipping This New Type of Real Estate Did High Interest Rates Kill House Flipping? Connect with James James' BiggerPockets Profile James' Instagram: @jdainflips Connect with Jessie Jesse's Instagram: @jessierodriguez Jesse's LinkedIn Jesse's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-896 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The climate crisis is already here, and the cost of real estate is being directly affected. Insurance premiums are skyrocketing, costs to build are rising, and your reserves need to be bigger than ever. Tornados, hurricanes, fires, and floods threaten your properties, so how do you protect yourself from what’s coming? Where are the least-affected areas, and how do you ensure your rental property portfolio doesn’t go up in flames or get drowned out by the rising tide? Moody’s Analytics’s Natalie Ambrosio Preudhomme is on this BiggerNews to talk about one thing—climate catastrophes. Natalie spends her days looking through data on the financial implications of climate risk and how she can better help real estate investors navigate around or outright avoid the most devastating effects to come. Plus, researching what you can do to prevent property damage if you're in an at-risk area.  Natalie outlines how climate risk will force more local governments to increase regulations (and fines), the safest investing areas in the country, and whether the sky-high insurance premiums can continue. Whether you’ve got rentals, commercial real estate, or just own your own home, these risks WILL affect you, so pay close attention to Natalie’s insight. In This Episode We Cover: The financial implications of severe climate risk that go FAR beyond just rising insurance prices  New government-enforced emission regulations that will affect businesses  The areas of the country that will be least exposed to rising climate risk  The skyrocketing price of insurance premiums and why Natalie says something’s got to give Could the cost of construction rise as new energy-efficient homes become the standard? And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Climate Change: Why Top Investors Are Paying Attention (and You Should Too) Stay Up-to-Date with Moody’s CRE Research Connect with Natalie Natalie's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-895 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Here’s exactly how to buy your first rental property in ninety days or less. And guess what? You don’t need ANY real estate investing experience to do it. After watching this episode, you’ll be able to find rental properties, analyze them to ensure they’re profitable, and fund them so YOU can start building financial freedom. And whether you want two investment properties or twenty, these are the EXACT steps you’ll need to accomplish your goal. If you’re dreaming of passive income, financial independence, or throwing your alarm clock out the window, this is the place to start. Dave Meyer, BiggerPockets VP of Market Intelligence, went from waiting tables to making mailbox money EVERY month by investing in real estate over the last decade. Now, Dave lives abroad, doing what he loves and having more than enough passive income to support his lifestyle. He’s giving YOU the beginner steps to start building your own wealth through real estate and showing YOU how to buy your first rental property in just ninety days.  Want to supercharge your real estate investing and reach your goals faster? Sign up for BiggerPockets Pro and use code “24CHALLENGE” for a special discount and to unlock unlimited rental property calculator usage, landlord lease agreements, exclusive bootcamps, and more!  In This Episode We Cover: How to buy your first rental property in ninety days or less The three beginner steps to investing in real estate successfully How to achieve financial freedom through rental properties (just like Dave!) The EASIEST way to find great rental properties in your area How to analyze a rental property in just minutes using the BiggerPockets Rental Property Calculator The BIGGEST challenge real estate investors face (and how to get around it) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Grab Dave’s New Book, “Real Estate by the Numbers” Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram BiggerPockets Tools Mentioned in Today’s Video: Rental Property Calculator Rent Estimator BiggerPockets Bootcamps   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-894 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Though only in her thirties, Natalie Cloutier has built a nine-million dollar real estate portfolio with just eight properties. Her secret to success? The “build-to-rent” strategy that so many real estate investors won’t even consider. Most investors feel that the building process is too complicated, expensive, and requires too much effort to be worth the time. But what if this “build-to-rent” strategy allowed you to create your own profitable deals, make massive amounts of equity, and build wealth even in a highly competitive market? After her parents shared their secret strategy to build wealth, Natalie realized that building rentals, not buying them, was her ticket to financial freedom. But how could she get started? She was a fresh college graduate with no money to her name. Thanks to a no-money-down construction loan, Natalie built her first rental property, a house hack, which ignited her multimillion-dollar real estate portfolio. In today’s show, she shares her “super secret method” to “building” wealth with the build-to-rent strategy, how to CREATE your own deals in ANY market, what you can expect to pay for a new construction home, how to find land to build on, and the biggest challenge that stops most investors from getting started (you CAN get around this!). Plus, how she’s doing it all in Canada’s unbelievably unaffordable housing market. In This Episode We Cover: The build-to-rent strategy and why building trumps buying in 2024  The EASIEST way to get into new construction (copy Natalie’s move!) How much you can expect to put down when building a new construction rental Tips to make your new construction rentals cost-effective and save tens of thousands  Where to find land to build on (it’s not as hard as you think)  The one move that will make building a rental MUCH easier for you  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast 4 Vital Points to Consider BEFORE Getting Into New Construction How Much Does It Cost To Build A House? Dave's BiggerPockets Profile Dave's Instagram: @thedatadeli Henry's BiggerPockets Profile Henry's Instagram: @thehenrywashington BiggerPockets' Instagram Connect with Natalie: Natalie's BiggerPockets Profile Natalie's Instagram: @thenewbuildcouple Natalie's Website Grab Natalie's "Build & Hold Strategy E-Guidebook" Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-893 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s not too late to retire with real estate, EVEN if you’re just getting started in your late fifties or have NO experience investing. On this Seeing Greene, David gives his take on what someone with no rentals (or real estate at all) can do with their retirement accounts to successfully retire on real estate. But maybe you have a bit more experience or aren’t such a late starter. Don’t worry, we’ve got plenty for you too. We’re back as David takes investing questions directly from listeners just like you. In this Seeing Greene episode, a house hacker asks whether he should take out a HELOC or hard money loan to get his next deal done. A late starter wonders what she can do to retire with real estate, even with zero experience investing. David shows YOU how to negotiate with your lender to get a better rate or term on your home loan and use “portfolio architecture” to put your “lazy” equity to work so you build wealth faster! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover HELOCs vs. hard money loans and the not-so-obvious way to fund your next deal How to retire with real estate as a later starter with no experience in rental property investing Buying a house in all-cash and why now may be the perfect time to do so (if you can!) Negotiating loan terms with your bank/lender and how to get a lower rate and better terms Portfolio architecture and how to use your equity to design a rental property portfolio that produces the most wealth possible  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-892 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re about to share the secrets NO seller wants you to know about. These secrets could save you tens of thousands of dollars on your next home purchase, and most buyers have no clue about them. In fact, these secrets are so rarely used that most agents don’t know how to take advantage of them until it’s too late. Today, we’ll unlock the best-kept negotiation secret in real estate investing: negotiating AFTER your offer has been accepted.  New investors and first-time homebuyers think the time to negotiate is BEFORE their offer gets accepted, but this couldn’t be further from the truth. Once an offer is accepted, buyers unknowingly gain a TON of leverage—leverage that can be used to get seller credits, a reduced purchase price, concessions, and more. And this isn’t just some negotiation theory that works only in psychology textbooks. David has used these tactics NUMEROUS times to save his clients thousands of dollars and get them EXACTLY what they want out of the seller. And if you’re a seller, the reverse works in your favor. Knowing these negotiation tactics can help you STOP buyers from taking control once you’re under contract, giving you the upper hand while they struggle to find faults in your house. So, if you’re about to buy a property, are under contract right now, or WANT to invest in the future, these negotiation secrets MUST be followed to score a great deal. In This Episode We Cover: How to negotiate a real estate deal when you’re ALREADY under contract  The two stages of negotiation that most buyers/sellers have zero clue about Home inspection red flags that CANNOT be ignored (and can get you HUGE seller credits) The one thing you never, EVER ask a seller to do when under contract Seller disclosures 101 and what sellers must tell you about a home before you buy How to get a lower price, seller credits, or concessions while mid-contract  The one thing sellers should ALWAYS do (but DON’T) before they accept any offer  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Books Mentioned in the Show SOLD by David Greene SKILL by David Greene SCALE by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-891 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal? We’ve got Brandon Hall, CPA, on to break down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars. Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss, so you keep your cash flow while avoiding taxes. But bonus depreciation is like regular depreciation on steroids. And the tax benefits can be massive. So, how do you take advantage of this huge tax write-off? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around! In This Episode We Cover: Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in The high-priced coastal market that we love…but wouldn’t buy rentals in A snowy northeast market that has low prices and big rent-by-the-room potential  A sleeper city with a big price tag but solid investing benefits The not-so-sexy market that made the number-one spot and surprised us all Unemployment rates, home prices, average rents, and top metrics you MUST check before investing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram What Is Bonus Depreciation And How Does It Work? What is Rental Property Depreciation & How to Calculate It The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall Connect with Brandon: Brandon's BiggerPockets Profile Brandon's LinkedIn Brandon's Website Brandon's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-890 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to learn how to create generational wealth? You know, the type of wealth that your children’s children’s children’s children can rely on. The type of wealth that allows your family to live a life of financial freedom, pursue their passions, and make a real impact on the world without having to sit behind a cubicle or screen all day long? That’s the wealth Whitney Elkins-Hutten is teaching you how to build in today’s episode. After achieving financial independence for herself and her family through real estate, Whitney knew that she didn’t want her knowledge to go to waste. So, she developed a wealth-building blueprint for her daughter, which became her new book, Money for Tomorrow. In it, Whitney teaches you how to build a wealth legacy that will endure for generations to come and ensure that your descendants won’t gamble or spend away your life’s work. To protect your generational wealth, Whitney walks us through the four financial “horsemen” that will drain your savings, crush you with taxes and fees, and lead you to financial ruin. So, if you want to ensure your wealth is built to last and will be there for generations, stick around for this episode and pick up your copy of Money for Tomorrow using code “MFTPOD” for a special discount!  In This Episode We Cover: The generational wealth-building blueprint that anyone can follow to find financial freedom The four “horsemen” that are coming to take your wealth when you’re not looking Using insurance the right way to guard your health, wealth, and assets Why you need to stop focusing on making money and START focusing on saving money How to use the tax code to owe less to the IRS every year The MASSIVE investment fee that you don’t even notice you’re paying for How to pass on generational wealth to your children, their children, and beyond And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Grab Your Copy of “Money for Tomorrow” Hear Our Last Episode with Whitney Grab the CASHFLOW For Kids Board Game Books Mentioned in the Show Pillars of Wealth by David Greene The Richest Man in Babylon by George S. Clason Tax-Free Wealth by Tom Wheelwright Connect with Whitney: Whitney's BiggerPockets Profile Whitney's Website Whitney's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-889 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do NOT buy rental properties. There’s a MUCH better way to build wealth. And we mean that literally, “building” wealth is the best path. At just twenty-seven years old, today's guest has built twenty-five homes, often making around a one-hundred percent return on his money, all without the hassle of the creaky floors, poor piping, and outdated electricals of old, “cash-flowing” rental properties. So, how is he doing it? Donovan Adesoro bought his first duplex in 2020. He took advantage of a zero percent down loan program, allowing him house hack a new build for just $3,000 out of pocket. But once he saw how much equity he could make, he realized he had to do more. So, Donovan linked up with other investors, overseeing the new build process in exchange for capital to buy land. He then used the plots of land as collateral for his new construction loans, and within six months, Donovan was the proud owner of a brand new duplex with TONS of equity included. But if you’re like most investors, you know NOTHING about new construction. Thankfully, Donovan, who wasn’t a builder by trade, breaks down the entire building, funding, and capital-raising process so you can repeat his system and start building your wealth instead of buying it! Plus, Donovan gives ACTUAL numbers on what he’s making for every new home and some expert tips on lowering your costs while selling for a high price! In This Episode We Cover: How to build a new construction rental and make a HUGE equity gain Whether or not new construction is STILL worth it in 2024 with higher prices Why you should build DUPLEXES over single-family homes, triplexes, or bigger properties How Donovan raised private capital almost entirely through social media The new build process, from laying the foundation to finishing and beyond How to save a TON of money with tiny square footage tweaks  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Hear Donovan’s “Real Estate Rookie” Episode 4 Vital Points to Consider BEFORE Getting Into New Construction Top 5 Build-to-Rent Housing Markets for Cash Flow and Appreciation Connect with Donovan: Donovan's BiggerPockets Profile Donovan's Instagram: @donovan_builds Donovan's LinkedIn Donovan's X/Twitter: @DonovanBuilds Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-888 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Got just enough savings to buy a rental property? Before you pull the trigger, you’ll want to hear today’s episode because you could be making a big mistake. Speaking of buying, are future rate cuts going to push mortgage rates down so low that buyers and bidding wars flood the market? Is this your last chance to get in before home prices shoot back up? Don’t worry; we’re getting to all these questions in this week’s Seeing Greene. David is back and better/balder than ever as he answers your real estate investing questions. First, a young house hacker wants to know what he should do when there are no good deals in his area. Then, another young investor debates whether they should buy a rental or invest in stocks instead. Unfortunately, there’s one big problem he’s overlooking. A new investor wonders if she should dump her ENTIRE savings into a second home, and a realtor asks for lead generation tips. Finally, David gives his take on what will happen when mortgage rates finally fall this year.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: What to do when you can’t find a cash-flowing deal in your area  Whether to invest in real estate, invest in stocks, or keep saving and wait Mortgage rate cut predictions and the “tsunami” of buyers that could flood the housing market The BIG problem with dumping your savings into a rental property  The TRUTH about real estate investing that none of the gurus will ever tell you How to get more real estate leads by NOT following the basic agent/investor trends And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Dave's BiggerPockets Profile Dave's Instagram David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Grab the “Picking a Market Worksheet” Catch Dave and Henry on the “On the Market” Podcast Census Reporter ChatGPT FRED Books Mentioned in the Show: Pillars of Wealth by David Greene The Small and Mighty Real Estate Investor by Chad Carson SOLD by David Greene Jab, Jab, Jab, Right Hook by Gary Vaynerchuk Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-887 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Before you buy your first rental property, you’ll need to choose a real estate market. If you’re like many Americans, your own backyard may not offer what you want out of an investing area. So, where do you go to find cash flow or appreciation? Today, we’re walking you through choosing a real estate investing market, the metrics to look for, signs of growth and decline, and which markets offer investors the biggest benefits. How hard is it to do market research? If you have access to the internet, you can research a market in a matter of minutes. But knowing WHAT to research is the most crucial part. Dave Meyer, VP of Market Intelligence at BiggerPockets and host of the On the Market podcast, shares his steps to market analysis and how he analyzes each market to ensure it’ll make him the most money in the long run. We’ll touch on population and migration, supply and demand, vacancy rates, rent-to-price ratios, landlord vs. tenant-friendly states, and the telltale signs that a market will have high or low cash flow. So before you buy your first or next rental property, make sure you do THIS research! In This Episode We Cover: How to choose a real estate market in 2024 (market analysis 101) The market “fundamentals” that show whether an area is worth investing in Vacancy rates and signs that you’ll have a HARD time finding tenants  The 1% rule and whether or not we’d still use it in 2024 Cash flow vs. appreciation markets and who should NOT be chasing cash flow Tenant vs. landlord-friendly states and how to quickly tell which is which And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Dave's BiggerPockets Profile Dave's Instagram David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Grab the “Picking a Market Worksheet” Catch Dave and Henry on the “On the Market” Podcast Census Reporter ChatGPT FRED Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Start with Strategy by Dave Meyer Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-886 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The US economy has survived the past few years surprisingly well. But there's one huge threat on the horizon no one is watching. With layoffs and bankruptcies already starting to tick up, a new wave of misfortune could hit consumers EVEN as inflation cools, interest rates begin to drop, and asset prices hit an all-time high. What's coming for us that only the most economically inclined know about? We're about to break it down on this BiggerNews.  J Scott, investing legend and author of too many real estate books to name, is back on the show to talk about housing crashes, economic predictions, mortgage rates, consumer sentiment, and the silent threat to the US economy that nobody is thinking about. J knows the game better than most and is the furthest thing from a bubble boy or permabull. He’s got his finger on the economic pulse and uses the most up-to-date economic data to form his opinions. On today's episode, J shares whether or not he believes another housing crash is coming, how America could become a "renter nation" over the next decade, whether or not home prices will stay high once rates drop, how low mortgage rates could go in 2024, and the biggest economic risk to businesses, employees, and anyone operating in the US economy.  In This Episode We Cover: The likelihood of another housing crash, especially if America falls into a recession  A silent risk to the US economy that could hit everyday Americans hard  Why Americans are pessimistic about the economy but spending more than ever  The economic "musical chairs" which must come to a stop sometime soon  Why home prices could continue to rise as mortgage rates begin to fall  Mortgage rate predictions and J's forecast for how low they'll go in 2024 The big bank bailout program that could be coming to a close   And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Dave's BiggerPockets Profile Dave's Instagram Grab All of J’s Top Real Estate Investing Books Catch Dave on The “On the Market” Podcast 7 Tips for Successfully Investing in ANY Market Condition With J Scott Books Mentioned in the Show: Real Estate by the Numbers by J Scott Connect with J: J's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-885 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve heard top investors talk about “hard money loans” before, but what are they? You never walk into a bank and see a “hard money” sign, and if you aren’t outwardly searching for it, you’d probably never know hard money was a thing. That’s because hard money isn’t coming from a bank or big institution, and because of that, it has some HUGE benefits over getting a standard loan. Better loan-to-value ratios, higher lending amounts, faster funding, and the ability to get a loan on a ROUGH property are just a few. So, how do YOU find your first or next hard money loan? We’ve got Will Heaton from Heaton Dainard Real Estate on the show to share his experience as a hard money lender and investor for the past two decades. Will has been on both sides of hard money—he’s been the lender and the borrower, but now primarily focuses on lending to OTHER investors trying to build their fix and flip businesses or real estate portfolios. Will walks us through what hard money is, why it often beats bank loans, how much it costs, the hard money lending process from start to finish, and how to BECOME a hard money lender if you’ve got too much cash in the bank and want to make a solid return. Plus, who should and definitely should not be using hard money to invest in real estate. Having trouble getting your fix and flips or BRRRRs funded? Stick around because hard money may be your best bet.  In This Episode We Cover: Hard money loans explained and which investors should choose it over a bank loan Common hard money fees, interest rates, and payoff periods  The hard money process, from getting preapproved to paying back the loan How to become a hard money lender yourself and put your cash to work  The hard money “draw” process and when you can expect to get your money from a lender  What happens if you DON’T pay back your hard money loan  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Catch Dave & Henry on the "On the Market" Podcast Hard Money Lending 101 How to Become a Hard Money Lender Connect with Will Heaton Dainard Intrust Funding Will's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-884 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The affordable housing crisis is an ongoing challenge here in the United States, but this developer has cracked the code in her own backyard—providing more opportunities for low and median-income households without gentrifying their communities. The cherry on top? She’s making a huge profit while doing it. In 2005, during Hurricane Katrina, Terrica Lynn Smith couldn’t scrounge up a few hundred dollars to evacuate her and her two children from New Orleans. After this traumatic event, Terrica was determined to break the curse of generational poverty and create a better financial future for her family. Little did she know that she would be creating a better life for countless people in her community as well. After seven failed attempts, Terrica passed her real estate exam and started selling homes. She jumped at any opportunity to learn something new, which allowed her to advance from a real estate agent to an investor, and finally, to a developer. If you want to have a powerful impact with real estate but lack the resources to do it, this episode is for you. Terrica provides the blueprint for delivering affordable housing to your community at a profit. She also shares the best ways to bring value to a real estate investing partnership, how to get bank financing for large developments, and why cultivating the right mindset is so crucial to your success as an investor! In This Episode We Cover: Solving the affordable housing crisis in your community (and how to make a profit) Why you should get into real estate even if you’re starting from ZERO Building an impenetrable mindset for real estate investing How to bring value to a real estate partnership (beyond capital) How to get bank financing for new development projects FREE resources to fast-track your real estate journey And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Henry's BiggerPockets Profile Henry's Instagram Catch Henry on the "On the Market" Podcast The Beginner’s Guide to Real Estate Development (with LOW Money Down!) Institutional Investors are Buying Up Affordable Housing in Droves—Are They on to Something? Connect with Terrica Terrica's BiggerPockets Profile Terrica's Facebook Terrica's Instagram Terrica's LinkedIn Terrica's Website Terrica's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-883 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

A few years ago, everyone was wondering how to start investing in real estate, but now the question has switched to “Is it too late?” If you’re stuck on the sidelines but want to get into the real estate investing game, this Seeing Greene is for you. The man of the people is back for another Seeing Greene-style show! This time, David is answering questions from new investors, experienced investors, and everyone in between. First, we’ll hear from an investor who’s wondering about the value of a low mortgage rate, especially when buying a new build. Is a lower rate worth a higher price? Then, David tells you how to convert your home equity into a new investment property and what you MUST know before getting into commercial real estate. A college student wants to know how to use his $20K savings, and a “late starter” searches for cash flow in a market that’s dry as a desert! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: What to do with $20,000 if you want to start investing in real estate How to create cash flow when rental properties DON’T profit in your market Using your home equity to invest in BIG properties (commercial real estate investing 101) Why a low mortgage rate ISN’T everything and other factors you MUST check before you buy a deal The tricky mortgages you MUST look over BEFORE you sign (you could be surprised!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Ep 869: Why NOW is The Time to Buy a House (BEFORE Rates Go Down) How to Start a Real Estate Portfolio with Just $10K Books Mentioned in This Show Pillars of Wealth by David Greene Long-Distance Real Estate Investing by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-882 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Got home equity? Great, because today we’re showing you how to use home equity to invest in real estate, even if you’re low on cash. But maybe you’re still saving up to buy your first property. Well, we’ve got you covered; we’re also sharing the TOP ways to use your retirement accounts—your Roth IRA or 401(k)—to invest faster than ever before and even lock down your first property in 2024! Joining the show is Kyle Mast, fellow real estate investor and CFP, to talk about all the ways you can invest in real estate that you didn’t even know about. And if you’re like many Americans, you’ve got home equity just sitting there, waiting to be used, so today, we’re walking through how to unlock it so you can build wealth faster, retire earlier, or renovate that rental you just bought! Kyle goes over the multiple ways to finance these investments using a home equity line of credit (HELOC) or retirement accounts like Roth IRAs and 401(k)s, the special program new homebuyers can use to get their first house faster, and why you DON’T want to cash-out refinance your property just yet. Ready to start? Let’s get into it!  In This Episode We Cover How to use home equity or retirement accounts to invest in real estate  Cash-out refinances vs. HELOCs and the EASY choice in today’s high-rate environment  How to qualify for a HELOC and whether you can get one on your rental property  The 401(k) loan where YOU act as the bank and what to watch for BEFORE you get one The first-time homebuyer cheat code that lets you access retirement funds with NO penalty  How to make COMPLETELY passive income by “lending” your home equity  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-881 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to start investing in real estate, you’ll need to know how to get a mortgage. But with so many home loans available, which is the right one to pick? Do you go FHA or conventional? Do you work with your local bank or call a broker? How much can you even afford? These questions alone might put you into analysis paralysis, so today, we’re breaking down what it takes to get a home loan, how much YOU can qualify for, and the best real estate investment for beginners. To demystify the home loan process is David Mackin—the third David in today’s episode—mortgage broker, house hacker, and home loan expert. He knows what you need to qualify for a mortgage in 2024 because he qualifies buyers all day long. David shares how YOU can determine how much home you can afford, why you’re getting different mortgage rates from different lenders, and how to find cash flow in your market by reverse engineering your real estate calculations. And, if you’re looking for the easiest, lowest cost, and arguably best way to get into real estate in 2024, this episode is for you. We’ll break down why house hacking has become the new norm and why skipping out on it can cost you BIG in your real estate investing journey. In This Episode We Cover: The simple calculation to estimate how much home you can afford in 2024 Getting pre-approved for a mortgage and why credit score ISN’T as crucial as you think The danger behind getting a low mortgage rate and signs that your lender isn’t experienced Debt-to-income (DTI) and two factors that can throw your home loan completely off track Why house hacking is the BEST way to start investing in real estate (especially with high home prices) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Join the BiggerPockets Virtual Summit Check Out Dave On the “On the Market” Podcast House Hacking 101: What It Is and How to Get Started Books Mentioned in This Show Pillars of Wealth by David Greene Start with Strategy with Dave Meyer Connect with David Mackin David's BiggerPockets Profile David's LinkedIn David's Instagram David's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-880 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You asked, and we answered. Here’s our step-by-step guide on how to buy a house in 2024. Whether you’re looking for a first primary residence, rental property, house hack, or short-term rental, these are the EXACT steps you’ll have to follow to buy a house. But before you can even think about buying, you’ll need to ensure you CAN buy in today’s housing market. Ready to start? Let’s hop in! Here to show you how to buy a house are David Greene and Rob Abasolo, two expert real estate investors who have bought dozens of homes each. Now a real estate agent and mortgage broker, David knows the ins and outs of the industry and can give you insider knowledge on what most buyers, sellers, and agents don’t know (but wish they did). Rob has bought throughout the nation and has turned multiple primary residences into rentals, so he knows both processes like the back of his hand. Let’s make 2024 the year YOU buy your first property. Stick around because we’re going to walk through the six beginner steps to buying a house, the HUGE home inspection red flags you MUST watch out for, and how to get your money back if a deal turns into a dud!  In This Episode We Cover The step-by-step homebuying process explained  Pre-approvals vs. pre-qualifications and why mixing these up will cost you The surefire ways to get your offer accepted EVEN in a hot market  One initial sign of a BAD agent (and when to move on to a better one) The home inspection red flags that could KILL your real estate deal  How to get your earnest money back if the property isn’t worth the money And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-879 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Antoine Martel has a secret to finding the best real estate markets around, and here’s the thing—ANYONE can repeat his process. After flipping over SIX HUNDRED houses and building a BIG real estate portfolio, he knows a thing or two about where to buy, which markets make the most sense, and what type of house is worth the risk. That’s why, instead of doing multimillion-dollar luxury flips, Antoine decided to do “micro-flips” in affordable markets, with a staggering rate of success.   What is "micro-flipping?" If you’re a beginner investor like Antoine, starting out with only $40,000, buying in the big cities won’t work. So, instead, Antoine found the real estate markets with low prices, high demand, and LOTS of deals so he could get his money back faster and keep repeating the system. These low-risk “micro-flips” all-in often cost less than a down payment, but they can give beginner investors the snowball effect they need to start building wealth.  Shortly after seeing massive success with his “micro-flips,” Antoine ran out of deals and decided to move into more markets. From there, he developed a detailed system that ANYONE can copy to pinpoint America's BEST real estate investing markets. And if you stick around, you’ll learn how to do it, too!  In This Episode We Cover How to find the best real estate markets in the country, just like Antoine  The “micro-flipping” strategy that beginner investors can use to start building wealth WITHOUT a big investment  How to use the BRRRR method to turn one property into an entire passive income portfolio  How to “test” your long-distance real estate investing market and ensure it’ll be worth investing in  The home renovation budget “sweet spot” that has ninety-six percent accuracy on ANY flip or BRRRR  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-878 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Got a HELOC? Don’t pay it off…yet! Thinking of house hacking but are discouraged by the low cash flow numbers you’re getting back? Looking to invest in a high property tax state like Texas but are scared to swallow that big expense? All of these topics, and many more, are coming up on this episode of Seeing Greene! David is back to answer YOUR real estate investing questions with his partner in crime, Rob Abasolo. Today, these two investing experts are going to tackle topics like whether or not to buy a house hack that DOESN’T pay for itself, how to account for the HIGH property taxes in hot real estate markets, whether to keep a property you love or sell it for its huge home equity, how to NEVER work again and the fifteen vs. thirty-year mortgage debate, plus when you should NOT pay off your HELOC (home equity line of credit) early.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: The problem with house hacking in 2024 and whether or not it’s still worth it When you SHOULDN’T pay off your HELOC (home equity line of credit) early Whether to keep, sell, or 1031-exchange a stable rental property you love  The bright side of paying high property taxes for your rentals  How to NEVER WORK AGAIN in fifteen years by following this one strategy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Episode 840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate? Books Mentioned in the Show Pillars of Wealth by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-877 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate, there’s only so much longer that these high multifamily prices can last. Over the past year, expert multifamily investors like Brian Burke and Matt Faircloth have been sitting and waiting for a worthwhile deal to pop up, but after analyzing hundreds of properties, NOTHING would work. How bad IS the multifamily market right now? Brian and Matt are back on the podcast to give their take on the multifamily real estate market. Brian sees a “day of reckoning” coming for multifamily owners as low-interest debt comes due, banks get desperate to be paid, and investors run out of patience. On the other hand, Matt is a bit more optimistic but still thinks price cuts are coming as inexperienced and overconfident investors get pushed out of the market. So, how does this information help you build wealth? In this episode, Brian and Matt share the state of the 2024 multifamily market, explain exactly what they’ve been doing to find deals, and give their strategy for THIS year that you can copy to scoop up real estate deals at a steep discount. Wealth is built in the bad markets, so don’t skip out on this one! In This Episode We Cover: The state of multifamily real estate in 2024 and how low prices could go A “day of reckoning” coming for inexperienced/overleveraged multifamily owners Whether or not we’ve reached the bottom for multifamily price drops  What rookie real estate investors should do NOW to take advantage of this down market Rising mortgage rates and how increased costs have KILLED many multifamily deals Exactly what Brian and Matt are investing in during 2024 to make money no matter how the market moves And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Join the BiggerPockets Virtual Summit Check Out Dave On the “On the Market” Podcast Top Multifamily Investors’ Advice for Buyers in 2023? DON’T Do It Books Mentioned in the Show Raising Private Capital by Matt Faircloth The Hands-Off Investor by Brian Burke Connect with Matt: Matt's BiggerPockets Profile Matt's Website Matt's Instagram Connect with Brian: Brian's BiggerPockets Profile Brian's Website Brian's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-876 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Snowbird season is coming to THESE real estate markets. Every winter, millions of freezing northerners go south, seeking a temporary escape from the cold and to dethaw themselves before returning in spring. And while you may think that most of these destinations are expensive cities, like Miami, there are some cheaper areas that make not only perfect snowbird rental markets, but profitable year-round short-term rental markets as well. On this BiggerNews, Vacasa’s Kristen Taylor joins us to give her take on the markets with the most demand and the once-popular markets starting to see declines, including a top-rated tourist destination you wouldn’t expect. Kristen shares updated numbers on how long snowbird season lasts, how the typical snowbird is changing, and why snowbird markets can be MUCH more affordable than year-round vacation destinations. And if you’ve got equity in one of YOUR properties that you’d like to turn into snowbird rental property, stick around until the end. This episode’s Seeing Greene segment will answer the age-old question: what do I do with all my home equity? In This Episode We Cover: Snowbird season explained, how long it lasts, and who’s flying south The top snowbird markets in America (and why some are MUCH cheaper than you’d expect) Snowbird markets to stay away from that are seeing declining vacation populations  Combining medium-term and short-term stays to make money the entire YEAR (unlike many short-term rentals)  What to do with a property with a LOT of home equity: sell, get a HELOC, refinance, or keep it? And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Join the BiggerPockets Virtual Summit Check Out Dave On the “On the Market” Podcast 8 best Florida snowbird destinations Book Mentioned in the Show Start with Strategy by Dave Meyer Long-Distance Real Estate Investing by David Greene Connect with Kristen Kristen's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-875 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to know how to invest in real estate, you’re in the right place. Today, we’re going to break down the nine beginner steps to getting your first or next rental property so you can start building wealth, make passive income, and get closer to financial freedom. And while it may SEEM like real estate investing is tough in 2024 with high mortgage rates and scarce housing inventory, lower competition could make getting your next deal easier than you think. Ready to start? Dave Meyer, BiggerPockets' VP of Data and Analytics and host of On the Market, has used these beginner steps to reach financial independence, grow a sizable real estate portfolio, and have enough passive income to do what he wants when he wants. If you want to be in Dave’s position in the next five or ten years, you can follow his strategy STEP-BY-STEP to reach your real estate goals, start building wealth, and finally achieve financial freedom.  Get access to exclusive real estate investing calculators, lease agreements, bootcamps, and more with BiggerPockets Pro, and use code “NEWYEAR2024” for a special discount!  In This Episode We Cover: How to start investing in real estate in 2024 and buy your FIRST rental property Why New Year's resolutions DON’T work (swap them for THIS instead) The BIG advantage to investing in 2024, even with high rates and low inventory  How to set your five-year, one-year, and quarterly goals for passive income and investing  The “LAPS” funnel that brings you unlimited real estate deals  How to analyze a rental property in MINUTES with the BiggerPockets Rental Property Calculator  The one tool EVERY investor needs to start building wealth with real estate  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Rent Estimator Rental Property Calculator Investment Properties for Sale Hear More from Dave On the “On the Market” Podcast Book Mentioned in the Show Start with Strategy by Dave Meyer Connect with Dave Dave's BiggerPockets Profile Dave's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-874 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How much passive income would you need to quit your job? How many rental properties would you have to buy? Most real estate investors think they’d need twenty, thirty, fifty, or a hundred units to finally retire with a six-figure passive income stream, but that could take decades to achieve. So, how do you do it faster? How do you build massive passive income, monstrous cash flow, and find financial independence fast? Follow Kate Lynch’s advice. Three years ago, Kate was working…a LOT. Seventy-hour work weeks were the norm as she left the house before sunrise and returned well past sunset. Her family time was non-existent, moments with her kids were only reserved for the weekends, and her job controlled every aspect of her life. And while she was getting compensated fairly for the work she was putting in, watching her family time fly by was too much of a burden to bear. So, a rental property portfolio became the goal. Kate bought in a completely unconventional area for her strategy, focusing entirely on cash flow, not caring much about equity, and doing whatever she could to replace her outrageous W2 income. Now, just three years later, she’s financially free, and if you follow her steps and only make a THIRD of what she’s making, you will be too! In This Episode We Cover: How to get off the “hamster wheel” of working a W2 job and find financial freedom Using your retirement funds to invest in real estate (and whether or not it’s worth it) The unconventional short-term rental markets that make HUGE cash flow Buying homes with “negative equity” and how they can make you massive passive income  Long-term vs. short-term rentals and whether the extra cash flow is worth more work And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube See How Much You Can Earn on Airbnb Ask Your Seeing Greene Question 10 Deals on a $20K Waitress Salary w/Ashley Hamilton Connect with Kate Kate's BiggerPockets Profile Kate's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-873 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

So, you want to know how to rent your house out. Maybe you’re upsizing or downsizing, moving away for work, or just want to buy another primary residence and take advantage of low-money down loans. Whatever your reason, renting out your primary home can be a phenomenal way to get into the real estate investing game. You’ll make passive income, all while holding on to the equity in your home and appreciation potential. So, how do you start? David, Henry, and Rob are all on the show today to give you a step-by-step guide to turning your primary residence into a rental property. Hundreds of properties have been owned between these three investing experts, and all of them have turned their primary residences into rental properties multiple times. But before you rent out your home, you’ll need to know if your home is even rentable. We’ll tell you exactly what you need to know to decide whether or not your home would make a good rental, how to make the most money possible off your home with affordable finishes, added amenities, and upgrades, how to decrease your liability and keep your property safe, insuring your rental, screening tenants, collecting rent, and more. If you’re a beginner landlord or are renting out your home for the first time, you CANNOT miss this. In This Episode We Cover: How to convert your primary residence into a rental property  How to know whether or not your home would even make a profitable rental  Areas to invest in and what potential renters will look for Long-term vs. short-term rental investing and how to know which works best for your home Affordable finishes and amenities you can add to rent out your home for more What you MUST fix in your home to keep your liability as low as possible Landlord insurance and the one added policy you (probably) should get How to screen tenants, collect rent, and get substantial tax benefits Whether to invest in out-of-state rentals or buy property in your backyard And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Check Out the BiggerPockets Blog Posts for Beginners FIRE by 27 Using the “Chick-Fil-A Rule” of Real Estate How To Rent Your House: A Step-By-Step Guide Use RentRedi to Screen Tenants, Collect Rent, and More Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-872 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone keeps talking about an incoming surge of home foreclosures. Over the past few years, online crash predictors shouted from the rooftops about how another foreclosure crisis is always on the way, and we’re only months from a full-on meltdown. How much of this is true, and how much of it is pure clickbait? We’ve got Rick Sharga, Founder and CEO of CJ Patrick Company, one of the world’s leading housing market intelligence and advisory firms, on the show to tell us what the data points to. Ever since the pause on foreclosures during the pandemic, homeowners have been getting win after win. They were able to save up plenty of cash, their home values skyrocketed, and they could refinance at the lowest mortgage rates on record. Now, with high rates, still high home prices, and steady demand, homeowners have most of the power, EVEN if they’re behind on payments. But, as the economy starts to soften, could the tapped-out consumer finally force some homeowners to default on their loans? In this BiggerNews episode, Rick will give us all the details on today’s current foreclosure landscape, walk us through the three levels of foreclosures, give his 2024 foreclosure prediction, and share the economic indicators to watch that could signal a coming foreclosure crisis.  In This Episode We Cover: A 2024 update on foreclosure rates, defaults, and Rick’s foreclosure forecast for next year The three levels of foreclosure and why most homes WON’T ever be defaulted on Rising consumer debt and what happens as more Americans default on their credit card and auto loans Housing supply and whether or not a foreclosure crisis could finally give us some inventory Economic indicators to watch that could signal a rise in foreclosures How to use your home equity to invest in real estate (WITHOUT putting yourself at too much risk!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Catch Dave on the “On the Market” Podcast Books Mentioned in the Show Start with Strategy by Dave Meyer Pillars of Wealth by David Greene The One Thing by Gary Keller Connect with Rick: Rick's LinkedIn Rick's X/Twitter Rick's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-871 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to build wealth through real estate, you’ll need a real estate “strategy.” Most people THINK that just buying rental properties or flipping houses is enough, but the experts know that’s far from the truth. If you REALLY want to get rich, find financial freedom, live life on your terms, and own your time, you’ll have to copy what the wealthy do and build a real estate investing strategy that fits YOUR life and YOUR goals. Here’s how you do it! In today’s show, Dave Meyer, BiggerPockets VP of Data and Analytics and author of Start with Strategy, shares how YOU can build wealth in 2024 without a big portfolio or any investing experience. Even if you’re a complete beginner, Dave will walk you through how to create an investing strategy specific to you, a “portfolio plan” that’ll explode your wealth, and a “deal design” that helps you lock in on the perfect properties for your portfolio. If you want to build wealth in 2024, pick up Start with Strategy and use code “START870” at checkout to get 10% off PLUS pre-order bonus content! In This Episode We Cover: How to create your wealth-building real estate investing strategy for 2024 The “portfolio plan” and why you MUST build a portfolio, not just buy properties Creating your “vision” for a life you’d love to live, funded by real estate investments The “deal design” that’ll help you find the BEST properties for your portfolio How to make more money with fewer rentals using “portfolio management” Dave’s personal 2024 investing strategy he’ll be using to build wealth THIS year And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab Your Copy of “Start with Strategy” and Use Code “START870” for a 10% Discount Books Mentioned in the Show Long-Distance Real Estate Investing by David Greene Pillars of Wealth by David Greene Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Catch Dave on the “On the Market” Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-870 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’ve been thinking about buying a house in 2024, you already may be too late. With mortgage rates dropping, listings increasing, and spring buying season only a short couple of months away, NOW is the time to act before bidding wars start up again. With so much pent-up buyer demand, agents and lenders are already seeing a spike in activity, and we haven’t even gotten to spring. So, if you want to know how to buy a house in 2024, even with fierce competition, we’re here to help. Avery Carl, short-term rental expert and agent, and Caeli Ridge, President at Ridge Lending Group, join us to talk about what they’re seeing in the market NOW, what their housing market predictions are as buying season heats back up, and whether or not now is even the time to buy. Both Avery and Caeli work heavily with investors, so they know what does and doesn’t work when buying a rental property, NOT just a primary residence. We’ll touch on the hottest markets that could see the most competition, why rookie investors need to snap out of analysis paralysis to win in 2024, and why this buying season could become red-hot in just a few months. Plus, David and Rob will answer a listener’s question about how to win in a competitive market without having the highest bid. In This Episode We Cover: “Buying season” and why spring 2024 could bring back the hot housing market  Most active real estate markets that are seeing inventory fly off the MLS Why mortgage rates are NOT as important as you think they are The “great stalemate” and what could cause homeowners to finally list their houses Whether to buy or wait and the risk of holding out for lower mortgage rates How to beat other buyers when bidding for investment properties And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Ask David Your Seeing Greene Question 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder) Why Investors Are Giving Up Their “Golden 4% Interest Rates” w/Caeli Ridge Federal Housing Finance Agency Connect with Avery and Caeli: Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-869 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

One couple is building MASSIVE passive income and generational wealth by buying rental properties for zero dollars out of pocket, sometimes with zero percent interest rates. It sounds too good to be true, doesn’t it? Well, if you’re willing to get a bit creative, you too can build a real estate portfolio that will lead you to hundreds of thousands of dollars a year in passive income, even if you start with little money or experience. Dedric and Krystal Polite are wholesalers, buy and hold rental investors, house flippers, business builders, and, most importantly, husband and wife. After reading the personal finance classic Rich Dad Poor Dad, Dedric had a vision to become rich. It wasn’t until Krystal came into his life that he finally took the steps to realize that dream. Now, they own a massive income property portfolio and host A&E’s 50/50 Flip. In today’s episode, you’ll hear how Dedric and Krystal started with no money, no passive income, and no business knowledge, how they built up their first wholesaling business, how they transitioned into rentals, and the new business they’re investing in that could make them millions. Plus, they give some solid tips on how to invest with a spouse and the question you MUST ask your partner now to make sure they’re willing to build wealth with you.  In This Episode We Cover: The no-money-down, zero-interest creative financing you can use to buy rentals TODAY Building multiple streams of income and why you CAN’T just wholesale and flip houses Investing in small businesses and building a $500K/year passive income stream  The real key to creating multigenerational wealth that’ll actually last  How to know whether or not you should invest with a partner or spouse  When you should (and definitely shouldn’t) use private money on your deals  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Henry On the “On the Market” Podcast Henry's BiggerPockets Profile Henry's Instagram Watch “50/50 Flip" Connect with Dedric and Krystal: Dedric's BiggerPockets Profile Dedric and Krystal's Facebook Dedric and Krystal's Instagram Dedric's LinkedIn Dedric and Krystal's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-868 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

With doomsday headlines and lagging consumer confidence, how should you proceed in 2024? Time to get the advice of TWO senior economists! BiggerPockets’ Dave Meyer talks with ZILLOW’s Orphe Divounguy and REDFIN’s Chen Zhao to demystify the latest US economic indicators and provide you with strategies to thrive in this year’s housing market.  We’ll get into home prices, the incoming “affordability correction,” mortgage rate forecasts, and why next year could be significantly better for buyers. But that’s not all. Both Chen and Orphe share their outlook for the 2024 economy, the state of the American consumer, and what could happen as student loans kick back in, credit card delinquencies increase, and cash reserves run dry. Finally, we’ll end things with Chen and Orphe’s list of real estate markets to watch and the pricey areas that may see a revitalized post-pandemic boom. If you want to know what to expect, where to invest, and if the hot housing market will return in 2024, stick around! In This Episode We Cover: Redfin and Zillow’s 2024 housing market predictions  The “weakening” American consumer and what this means for homebuying 2024 mortgage rates, “disinflation,” and where we could end up next December The “affordability correction” that could help home buyers get their first house  Riskiest real estate markets in America that could see HUGE price cuts  Affordable markets to watch that have had rock-solid home prices And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts Hear Past “On the Market” Episodes with Chen and Orphe: On The Market 151 with Chen On The Market 150 Orphe (Ep. 1) On The Market Orphe (Ep. 2) 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Connect with Orphe: Orphe's LinkedIn Orphe's Research Tune into “Everyday Economics” with Orphe Connect with Chen: Economists Corner Chen’s LinkedIn Chen's Research Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-867 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What makes a good real estate market? A stable or growing population, large employers nearby, tourism, and, as a bonus, college-educated residents. Put those all together, and you’ve just stumbled upon your next great real estate investing area: college football towns! After digging into the data, the On the Market panel discovered that many top college football markets aren’t just great for partying and tailgating; they’re also undeniably promising property markets! On today’s episode, Dave, Henry, James, and Kathy will uncover four of the BEST college football markets in the nation and share which ones they personally would invest in. Looking for cash flow? We’ve got a couple of markets. What about long-term appreciation? We have those, too! We even have one STRONG college football market that has seen prices drop off over the past two years, with HUGE potential for rising prices in the near future. If you’ve been waiting to buy your first or next rental property but don’t know where to invest and which metrics to watch, this is THE episode to listen to. The On the Market panel will explain exactly how they analyze each market, which ones make sense for which investor, and why you’ll want to score a deal in these cities before it’s too late! In This Episode We Cover: The four best real estate markets for cash flow, appreciation, and football  One expensive market with amazing house flipping profits and NO income tax  The boomtown market that's seeing BIG price drops but has massive appreciation potential Two cash flow real estate markets with low home prices and strong populations The metrics expert investors look at before they invest in ANY real estate market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Investing in College Rental Property — Step-by-Step The 8 Best Housing Markets in The US For Low Prices and High Cash Flow Austin Price Decline Forecast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-866 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most Americans believe that buying a house is a BAD idea right now. With so much hate on the housing market from everyday people, why are expert investors buying more than ever? Do they know something that we don’t? Or is it just because they have more money and experience than the rookie real estate investor or first-time home buyer? Nope, it’s even more simple than that! We rounded up four housing market experts who actively invest to get their takes on the 2024 housing market. David Greene, expert investor; Rob Abasolo, the king of short-term rentals; Dave Meyer, host of On the Market, and Henry Washington, house flipper and buy and hold investor, are here to give us their takes on whether buying a home could a be good, bad, or ugly decision this year.  The experts also review top surveys that highlight consumer, home buyer, and investor sentiment, plus what they think the best move to make in 2024 is. Take it from four investors who have built considerable wealth through real estate; following the masses isn’t always your best bet.  In This Episode We Cover: Why most Americans think now is a BAD time to buy real estate  Rock-bottom consumer sentiment, rising credit card debt, and more 2024 economic headwinds  The split investor survey that shows why SO many investors are on the fence  The effects of falling mortgage rates and whether or not now is a good time to sell  Who should NOT be investing in real estate right now (or ever) The 2024 investing moves that could make you rich in the long-run  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear More from Dave and Henry on the “On the Market” Podcast Is Buying a Bad Decision? Real Estate Investing For Beginners: How To Get Started Fannie Mae National Housing Survey University of Michigan Consumer Sentiment Fall 2023 RCN Investor Sentiment Survey Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Connect with Henry: Henry's BiggerPockets Profile Henry's Instagram   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-865 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make multiple streams of income? Well, guess what? You DON’T need to buy more properties to do it. Instead, you can turn an existing rental property into a cash cow…but it has to meet the right qualifications. This is precisely what today’s first guest, Stacie, is looking for. She’s got multiple properties, and some have enough land to add a second rental property. But is doing development worth the high cash flow? Welcome back to Seeing Greene, where David and Rob answer real estate questions from BiggerPockets listeners just like you! First, we’ll talk to Stacie about her buy vs. build dilemma, and which makes MUCH more sense in today’s market. Then, an investor struggling to save up down payments asks what he should do: save, invest elsewhere, or pay down his mortgages. Finally, David gives some swift advice on using a home equity “agreement” and how to make the MOST money on your house hack. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to turn one rental property into multiple streams of income  Building an ADU (accessory dwelling unit) and how much one can make Whether to save, invest, or pay down your mortgage with your cash flow Home equity “agreements” and whether they’re worth the risk in 2024 The ONE thing David looks for in ANY house hack that’ll turn it into a cash cow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 840 BiggerPockets Podcatst 853 Is it Better to Build New or Renovate Existing Homes as an Investor? Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-864 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

For the past year, commercial real estate has been the disappointing big brother of rental properties. As housing prices went up, commercial real estate prices went down. When primary mortgage rates were high, commercial mortgage rates were even higher. With record-setting vacancy rates in areas like office and less reliance on retail, many investors thought that commercial real estate was a dying asset class. But they weren’t entirely correct. Investors like Kim Hopkins had thriving commercial real estate success, EVEN during lockdowns and the pandemic. Kim’s secret sauce to her high cash-flow commercial real estate portfolio wasn’t in getting lucky—it was all in her “buy box.” Kim ONLY buys properties that can’t get shut down, in markets where they’ll thrive, with tons of customers nearby. And today, she’s sharing her exact formula with us! But that’s not all. Kim is currently debating doing one more deal before the year is up. This property looked like a home run on paper, but as she’s dug deep into it, the property may not be worth the price. From plumbing issues to overinflated income numbers, Kim uses David and Rob as coaches to help her decide whether this deal is worth doing. In This Episode We Cover: Kim’s commercial real estate investing “buy box” she uses to purchase profitable properties Cap rates explained and why you MUST get this right when buying big properties The inflated “pro forma” numbers brokers will try to convince you of (don’t follow these!) The types of commercial properties that are lockdown-resistant and always stay open The significant risks for commercial real estate in 2024 and two businesses you should NEVER rent to A live deal deep dive with a current deal Kim is debating on buying And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Get Into Commercial Real Estate Investing (For Beginners) Pro Forma In Real Estate: What Is It? How To Calculate Cap Rate For Investment Properties Connect with Kim: Kim's BiggerPockets Profile Kim's Email Kim's Instagram Kim's LinkedIn Kim's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-863 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy holidays, BiggerPockets listeners. You've all been good this year, so instead of a lump of coal, you're getting a special episode delivered on the most merry day of the year. We'll be sharing Yamundow Camara's unbelievable journey from dirt-poor poverty to INCREDIBLE passive income, even against all odds. If you're unsatisfied with your holiday gifts this season, listen to this episode—it may change your ENTIRE outlook on life and give you something to be extra grateful for today!  ______ How do you go from absolute poverty to passive income in a short amount of time? What if you were raised on the other side of the world, where even a basic education had to be fought for, and every opportunity was a constant struggle? This is the real story of Yamundow Camara, who went from sleeping on a dirt floor in a small village of Gambia to making a million dollars per year thanks to real estate. Yamundow grew up in an environment foreign to many of us. When her parents passed away in her youth, she was forced to live with relatives that treated her as a nuisance, not someone worth nurturing. She slept on the floor of her family’s home and was sometimes lucky enough to have a cardboard box as a mattress. She was set to be wed in her early teenage years, but thanks to her drive, determination, and pleading of her aunts, Yamundow was given a chance to go to high school and college and later immigrate to the US. From there, Yamundow put success as her sole focus. She not only academically overachieved, but was able to do an INCREDIBLE amount of investing with almost no money, no credit score, and no experience in the industry. She now sits on over thirty rental units, with a monthly income that rivals most Americans’ yearly salaries. Yamundow has one of the most incredible stories we’ve ever shared on the podcast, and you’ll have to tune in to hear her unimaginable path to success. In This Episode We Cover: How Yamundow went from complete poverty to making $80,000 in cash flow a month  Putting education first and the true value of hard work and perseverance  Investing with NO credit score and VERY little money and how to find banks that will lend to you Working two jobs and why increasing your income is ESSENTIAL to building wealth  Out-of-state real estate investing and what to do when your local market is too expensive  How to find (and keep) quality contractors, property managers, and other team members  Using the BiggerPockets Rental Property Calculators to make sure a deal is worth doing  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Use the BiggerPockets Rental Property Calculator on Your Next Deal 3 Ways to Invest in Real Estate With Little to No Credit From Extreme Poverty to DIY Wealth and 2 Full-Time Incomes Book Mentioned in the Show: BRRRR by David Greene Long-Distance Real Estate Investing by David Greene SCALE by David Greene Connect with Yamundow: Yamundow's BiggerPockets Profile Yamundow's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-862 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Remy was looking for rental properties in one of America’s hottest housing markets. He knew picking up one rental property, let alone a multifamily, wouldn’t be cheap. But, somehow, even as a newcomer to the area, Remy was able to buy a rental property at a deep discount. He got three rental units for the price of two in a market with loads of investors and immense competition. How did he do it? We’re about to share the secret. In this episode of the BiggerPockets Real Estate podcast, we’re talking to out-of-state investor Remy, as well as Kim Meredith-Hampton, long-time real estate investor and Remy’s agent! Kim operates both in Tampa and Orlando, Florida, serving investor clients looking to buy in a state that has seen immense population growth. Seeking to take advantage of strong demographic trends, Remy picked Kim as his go-to Florida agent, and the rest is history. Remy and Kim will talk through the three-for-the-price-of-two deal they picked up in the very competitive Florida market and how they were able to get the deal done EVEN when financing fell through, LLC problems came up, and a hurricane froze the Florida state government. You’ll also hear about the final numbers of the deal and why Remy ISN’T counting on big cash flow BUT will make his riches another way from the rentals. In This Episode We Cover: Why so many Americans are flocking to the Florida housing market (and how to take advantage) Building your “buy box” and how to know what a great deal looks like Low cash flow and why banking on passive income ISN’T always a wise move  Why you should ALWAYS look for rental properties that come BACK on the market  Financing troubles and how Remy dealt with numerous housing hiccups Why waiting to invest will cost you and how to get started today! And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Explosive Growth Could Be in Store for These Two Real Estate Markets w/Kim Meredith-Hampton Florida Overtakes New York as Second-Biggest US Housing Market Book Mentioned in the Show: Pillars of Wealth by David Greene Connect with Kim: Kim's BiggerPockets Profile Kim's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-861 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to make $50,000 in six weeks? Even in this housing market, it’s more than possible. You might think we’re bluffing; with high mortgage rates, little-to-no inventory, and buyer demand down from its peak, most real estate investors believe the market is a graveyard, but they’re wrong. In today’s show, we talk to Mike Cappello, who has been doing a few quick house flips and making an unbelievable return.  But that’s not all. We’ll also talk to the agent who found the deal, Rob Chevez, about what’s making the most money in the “extremely competitive” market of Washington, D.C. The duo will discuss why D.C. is such a solid market to buy, hold, or flip in, the “buy box” they designed to find the most profitable house flips, and how they’re financing deals EVEN with today’s sky-high interest rates. We’ll also get into the nitty gritty of Mike’s latest deal, the one that could make him $50,000 in just six weeks, and the exact steps to follow if YOU want to do a deal like this in your market. The real estate deals are here; stick around to learn how to find ‘em!  In This Episode We Cover How to make $50,000 in just six weeks by doing quick, cosmetic house flips  The effect of high mortgage rates on investors and why there is still PLENTY of demand for properties  Building your “buy box” so you can land a killer deal as soon as it comes across your desk The pros and cons of investing in a super competitive housing market like Washington, D.C.  The biggest mistakes house flippers make in a real estate market like today’s  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-860 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve finally announced the end of rate hikes. It’s a day real estate investors have been eagerly awaiting. With lower mortgage rates on the horizon in 2024, buyers could gain more control of the housing market, and the seller standoff may finally break. What does this mean for the economy, and are we finally out of recession territory? On this BiggerNews episode, we’re breaking it all down! Joining David and Rob are James Dainard and Kathy Fettke from the On the Market podcast. Today, all four housing market experts bring a breaking headline to dive into. From the Fed’s proposed plan for 2024 mortgage rates to the new jobs report that shows optimistic signs for the economy, there is a LOT happening before the new year rolls around. But that’s not all we’ll touch on. A new bill targeting corporate landlords has been proposed, limiting the amount of hold hedge funds have on the housing market. But could this bill target ALL real estate investors, not just the Wall Street buyers? Finally, how the baby boomers bought the housing market and how their remarkable wealth has allowed them to make all-cash home purchases while the other generations sit on the sidelines. In This Episode We Cover: The Fed’s proposed 2024 rate cuts and effects on mortgage rates Recession fears and whether or not we’ll be able to achieve a “soft landing”  The new jobs report and the impact of a “cooling” labor market on employees and employers  Corporate landlords and the dangerous side effects of a new bill that is targeting hedge fund buyers The baby boomer housing market shopping spree and why they’re taking advantage as rates stay high  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Weather Underground How to Make a 120% Return by Buying “Negative” Cash Flow Real Estate Hear James and Kathy on the “On the Market” Podcast Articles from Today’s Show: Fed Rate Cuts Jobs Report Wall Street Landlord Bill Baby Boomers Book Mentioned in the Show: Pillars of Wealth by David Greene Connect with James: James' BiggerPockets Profile James' Instagram Connect with Kathy: Kathy's BiggerPockets Profile Kathy's Instagram   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-859 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

One real estate investing mistake cost house flipper James Dainard $380,000. This mistake was so bad that, in the long run, it may have cost him up to three-quarters of a million dollars. So what was the grave mistake a multi-decade veteran house flipper made that would bankrupt the average real estate investor? Stick around to find out unless you want your house to literally start falling off a cliff (like James’ did).  James has been doing real estate deals in Seattle for two decades. He’s flipped hundreds of houses, but even the experts get it wrong sometimes. Piggybacking from our last episode, James will walk through one of the worst house flips he’s EVER done, the mistakes he could have easily avoided, and why you never, EVER close on a flip until you have permits in place.  Want to hear last week’s episode about the live in flip that cost a new mom over $300,000? Click here to listen to the episode! In This Episode We Cover: The biggest mistake house flippers can make when investing in 2024 and beyond  What to do when your house flip suddenly stops making financial sense  Foundation issues and how to correct a house that’s literally starting to slide  Forecasting permit times and how not doing so can cost you over $100,000 Why you always, ALWAYS need to have emergency reserves on hand when doing a home renovation or house flip  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Weather Underground How to Make a 120% Return by Buying “Negative” Cash Flow Real Estate Connect with James: James' BiggerPockets Profile James' Instagram Hear James on the “On the Market” Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-858 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing can make you rich or ruin you financially…if you’re not taking the proper precautions. Today, you’ll see just how easy it is to lose money on a bad real estate deal and how even the top investors, those with decades of experience, still can end up in a rough situation through no fault of their own. And while both the investors featured in this two-part series have made millions in real estate, they’ve also had a couple of deals gone wrong that have cost them hundreds of thousands. In this episode, we’re talking to Mindy Jensen, host of the BiggerPockets Money podcast, about, as she calls it, “the house that almost broke me.” This property alone lost Mindy over a quarter of a million dollars, as she had to deal with crooked contractors, a once-in-a-lifetime flood, theft, and more. If you want to ensure you NEVER repeat the same mistakes as Mindy, listen to this ENTIRE episode before buying your next house. And next time, we’ll be on with James Dainard, expert flipper and co-host of On the Market, to talk about his house flip that makes Mindy’s look like a walk in the park! In This Episode We Cover: How Mindy lost over $300,000 on ONE real estate investment The one “waiver” you MUST get signed before you hire a contractor DIY vs. hiring it out on home renovations and why Mindy does almost all her own work The “five-hundred-year flood” and the WRONG time to replace a roof Why you must have emergency reserves before you invest in ANY property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Weather Underground How to Make a 120% Return by Buying “Negative” Cash Flow Real Estate Connect with Mindy: Mindy's BiggerPockets Profile BiggerPockets Money Podcast Mindy's Twitter Profile Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-857 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you make six figures in passive income with no college degree, very little money, and zero experience in real estate? Do what Hunter Lawler did and take it step-by-step; within a few years, you, too, could be making over $100,000 in cash flow with just ten properties! But the only way you’ll get there is by thinking outside the box, buying properties most don’t even know about, and taking risks when talking to sellers. Hunter learned very early on that a college degree doesn’t guarantee a big paycheck. He was making a full-time income from his crawfish-selling side hustle when he decided to drop out. After seeing entrepreneurial success, Hunter pivoted and started investing in the sexiest, highest-priced properties ever…mobile homes. These dirt-cheap rentals gave him the sweat equity he needed to build a bigger portfolio. From mobile homes to single-family houses, self-storage facilities, and killer seller finance deals, this episode is a masterclass on how to grow a six-figure income stream without a college degree or hundreds of thousands in the bank! In This Episode We Cover How to build a six-figure income stream by buying cheap, low-risk rental properties Buying discounted houses at “sheriff sales” and what to know BEFORE you bid Mobile home investing and why it may be the easiest way to get into real estate  Commercial lines of credit, home equity, and how to turn your rentals into more mortgages  Self-storage investing and the hands-off system Hunter uses to create serious cash flow Seller financing and the simple way to convince a seller to take a fair price for their property  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-856 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Student housing investments can make you killer cash flow. If you invest in college towns, students will pay a premium to be close to campus and won’t mind living in a property with three, four, or five other roommates! This means you can squeeze six high-paying tenants into one single-family home. But more money means more problems, and your investment property could become a party house overnight. How do you keep the cash flow and avoid the headache? Let’s find out! David is back on Seeing Greene to answer your real estate investing questions, and his partner in crime, Rob Abasolo, joins in to add more investing firepower to this episode. This time, the dynamic duo will touch on student housing investments and whether fitting six (yes, six!) students under one roof is worth the risk. Then, how to invest when your DTI (debt-to-income) is too high. One investor asks whether a lease option is the best way to sell a property, and finally, we’ll finish with the great debate: pay down your mortgage early or save the money instead. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover Investing in student housing and whether the huge cash flow is worth the headaches How to make sure your short-term rental or student housing DOESN’T become a party house How to fund your real estate deals when your DTI (debt-to-income) is too high  Selling properties via lease options and what could go wrong during the deal  Paying off your mortgage early vs. keeping the cash and saving instead  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-855 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite unpredictable mortgage rates, there’s a huge opportunity for real estate investors in the coming year. Get insights and strategies from the BiggerPockets 2024 State of Real Estate Report. In today’s show, BiggerPockets VP of Data and Analytics, Dave Meyer, and co-host of the On the Market podcast, James Dainard, will share their thoughts on where the housing market could go in 2024, what happened in 2023, and the biggest opportunities for investors over the next year. From low mortgage rates to tiny down payments, living for free, and buying brand new homes at a discount, they'll share strategies even beginners can use to build wealth in 2024. Want access to the entire 2024 State of Real Estate Investing Report? Click here or head to BiggerPockets.com/Report24 to access all the strategies, data, and insight for free. In This Episode We Cover: Huge opportunities to build wealth in the 2024 housing market The commercial real estate correction and properties seeing the biggest price cuts Supply, demand, and why home prices didn’t fall in 2023 How to pick up a brand new property at a low mortgage rate TODAY The new five percent down loan program ANYONE can use to live for free Risks to watch out for in 2024 that could kill your cash flow instantly  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Grab the Full 2024 Report for FREE Here Hear Dave and James on the “On the Market” Podcast Try the BiggerPockets Real Estate Investment Calculators BEFORE You Buy Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Connect with James: James' BiggerPockets Profile James' Instagram Hear James on the “On the Market” Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-854 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Negative” cash flow can help you reach financial freedom up to FIVE TIMES faster, so why are most investors ignoring low-to-no cash flow deals? For decades, cash flow has been king in the real estate investing realm. Investors were told NEVER to buy a rental property that didn’t bring in hundreds a month or at least break even. But now, this golden rule of real estate investing is broken, and there’s a FAR faster way to build wealth that sacrifices cash flow for something much more powerful. And this isn’t just some hypothesis or “what if” scenario. We have three investors today showcasing three real estate deals, ALL with negative cash flow and ALL with huge equity upside, 100% (or greater) returns, or profits that far outweigh what most investors even dream of achieving on their real estate deals. And if you do just a few of these deals the right way, you could reach financial freedom in a matter of years, not decades, like today’s guests. Join David Greene, James Dainard, and Mindy Jensen as they do their best to deprogram the masses from “cash-flow-only” investing and show you why negative cash flow isn’t always bad—in fact, it could be a sign of an unbelievable deal.  In This Episode We Cover: What is “negative” cash flow, and why TOP investors go for these deals ROE (return on equity): the one metric the ultra-successful pay attention to How James traded $800 a month for over $300,000 in equity (with ONE property) The danger of floating rate debt and how it can easily KILL your deals David’s $100 negative cash flow deal that INSTANTLY made him $90K The negative cash flow rules that you MUST follow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab David’s Newest Book, “Pillars of Wealth” Apply to Be on the Cash Flow Cage Match Connect with Mindy: Mindy's BiggerPockets Profile X/Twitter Hear Mindy on the “BiggerPockets Money” Podcast Connect with James: James' BiggerPockets Profile James' Instagram Hear James on the “On the Market” Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-853 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing in real estate can build you massive wealth. And here’s the secret no one wants to tell you: it isn’t all that hard. But before you jump to conclusions and call real estate a get-rich-quick scheme, let’s lay down the law. Investing in real estate is a simple, repeatable process that MANY Americans have used to get rich, but it takes knowledge and time to succeed. Where do you go to learn how to buy your first or next rental property? Well, you’re already here! In this bonus episode, Scott Trench, CEO of BiggerPockets AND decade-long investor, will share his five-step, repeatable process for finding and analyzing real estate deals. Scott has taken the SLOW route to wealth. He doesn’t have a hundred units, a big real estate fund, or a yacht. But he does have a thirteen-unit passive-income-producing rental portfolio that pays him money every single month. Stick around to learn how YOU can get your first or next rental property in 2024. Want full access to the tools and resources from this episode, including calculators and rent estimators? Sign up for BiggerPockets Pro and use code “STABLEWEALTH24” for a special discount! In This Episode We Cover: The five-step process to find real estate deals in any market  How Scott built a thirteen-unit real estate portfolio in under ten years  The slow, steady, repeatable path to wealth with buy and hold rental properties Scott’s 2024 housing market, mortgage rate, and price predictions  How to choose a rental property market depending on your goals  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rent Estimator Rental Property Calculator Connect with Other Investors on the BiggerPockets Forums Grab the “Quick Start Guide” to Real Estate Hear Scott on the “BiggerPockets Money” Podcast Work with Rent to Retirement for Your First or Next Turnkey Rental Property Books Mentioned in the Show: Set for Life by Scott Trench First-Time Home Buyer by Scott Trench Connect with Scott: Scott's BiggerPockets Profile Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q4-3 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is “subject to” real estate investing a mistake? Why is cash flow SO hard to find? And what do you do when you overpay for a property? With so many ways to build wealth with real estate, you’ll also need to be aware of the pitfalls. If you don’t know what you’re doing, you could end up with a property you paid too much for, with no cash flow and empty pockets. Thankfully, this is BiggerPockets, so we’re going to give you all the tactics you need to make your next investment a home run. Put on your green-tinted goggles because David does NOT have a green light for this Seeing Greene episode. Due to this unforgivable offense, we brought another expert investor, Rob Abasolo, on to help David answer some of YOUR real estate investing questions. First, we hear from an investor who makes some great cash flow from her short-term rental but wonders if it’s worth all the work. Next, an investor finds out that his new build property is selling for a significant discount—can he get out of the deal? Similarly, an ADU (accessory dwelling unit) investor is looking to develop but doesn’t know the best way to finance his new construction. David also answers some questions from the comment section about why investors stopped chasing cash flow so much. And finally, a realtor is concerned about the amount of subto (subject to) “speculation” in today’s industry. Are his concerns legit? Stick around; we’ll get into it all in this episode! In This Episode We Cover: How to automate your short-term rental so you do less work What to do when you realize you’ve overpaid for a property How to fund a new development with equity, construction loans, or both  Why cash flow is NOT the only thing to focus on anymore  Subject to speculation and whether overpaying to lock in a low rate is EVER worth it  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Fund Real Estate Deals Right Now w/Zach Lemaster Don’t Chase Cash Flow! Use THIS Metric to Analyze Your Deals Subject To Real Estate: Why Investors Should Add This Tool to Their Arsenals Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-852 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s one type of investment property most people would NEVER consider that could make you a millionaire. They’re not regular rental properties or huge apartment complexes—in fact, they’re so cheap that most investors could probably buy them outright in cash. What’s this “overlooked” investment property that could make you millions? Stick around, we’ll tell you. Four years ago, Jason Velie worked at a W2 job without any investment property or passive income. Now, he’s a multimillionaire, making $10,000/month in pure cash flow, NEVER having to wake up to an alarm clock again. After a first deal gone wrong, where Jason spent two years working on a house just to break even, he was introduced to a new type of investment property—one nobody talks about. With the massive profits from these cash cow deals, Jason was then able to use just $15,000 to buy a property that is now worth $1,000,000. And this was ALL during one of the hottest real estate markets ever. The best part? You can do EXACTLY what Jason did to become a millionaire, too, so stick around to hear his FULL strategy! In This Episode We Cover: The “overlooked” asset class that could make you six figures with ONE deal Why you should NEVER pay a contractor without seeing the completed work Calculating your “worst-case scenario” before you buy ANY property Investing in mobile and manufactured homes and cheap real estate with huge upside The one real estate investing tool Jason used to explode his portfolio  How Jason turned $15,000 into $4,000 per month in pure cash flow! And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Interview with Affordable Housing Expert Kristina Smallhorn Should You Add Manufactured Homes To Your Portfolio? 4 Key Lessons Learned From Investing in Mobile Homes Connect with Jason: Jason's BiggerPockets Profile Jason's LinkedIn   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-851 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Want to invest in multifamily real estate, do zero work, and make a million dollars, all in a few months? Well, we have the opportunity for you! We’re about to make you a gazillionaire for the low, low price of your entire life savings. Don’t worry about doing any due diligence; just sign these papers without looking through them. You’re about to strike it rich!” Most people can call out an obvious scam or bad real estate deal, but what about the less-than-obvious signs? Today, we’ve got two multifamily real estate experts, Andrew Cushman and Matt Faircloth, on the show to go through the multifamily and syndication red flags that could cost you EVERYTHING. Andrew even went through the painful process of losing 90% of an investment years ago just to walk through his lessons on the show. Whether you’re partnering on a deal or passively investing in syndications, if any of these red flags show up, you should run—immediately. From vetting a sponsor to investigating track records, which metrics to trust (and which NOT to), and the questions you MUST ask, this episode alone could stop you from losing tens or hundreds of thousands of dollars. In This Episode We Cover: The seven deadly signs that a multifamily syndication deal is a scam (or at least a dud) Vetting a sponsor/syndicator and why you MUST avoid “FOMO investing” Partnerships, inexperienced sponsors, and who you can REALLY trust The new financial “metric” unsophisticated syndicators hope you DON’T look into  The “capital stack” explained, and how to do your due diligence on a syndication’s debt (before you invest) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 636 with Amy Mahjoory (Part 1) BiggerPockets Podcast 352 with Diego Corzo Join BiggerPockets Pro and Start Investing for Financial Freedom TODAY Ask David Your Question Book Mentioned in this Show Pillars of Wealth by David Greene Raising Private Capital by Matt Faircloth The Richest Man in Babylon by George S. Clason: The Hands-Off Investor by Brian Burke Connect with Andrew: Andrew's BiggerPockets Profile Andrew's LinkedIn Vantage Point Acquisitions Connect with Matt: Matt's BiggerPockets Profile Matt's Instagram DeRosa Group Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-850 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have home equity? Well, you could retire early, thanks to it. If you bought a house from 2009 up until 2021, there’s a good chance you could be sitting on tens of thousands, hundreds of thousands, or millions of dollars in equity. But equity just sitting in a property isn’t doing much for you unless you can use it to retire early! Want to know how? Stick around; we’ll show you! We’re back on another Seeing Greene where average investor Rob Abasolo joins buff, strong, beautiful, and bald David Greene to answer your real estate investing questions. In today’s show, we talk to Anthony, a slow-and-steady investor who’s built up an impressive amount of equity over the past decade. He wants to retire early and use his equity to increase monthly cash flow. But what’s the best way to do it? Next, we share some public loathing of HOAs (homeowners associations) and how they can be the bane of your investing existence, plus when it’s time to sell a property in an HOA. Finally, an investor who is STRUGGLING to pay off her HELOC asks what the next best move to make is: work hard to pay it off the old-fashioned way or leverage ANOTHER investment to become debt-free faster. In This Episode We Cover: How to turn your home equity into cash flow and an early retirement  Buying rental properties in cash and when it makes sense to forgo a mortgage Syndications vs. active investing and when you should stay away from “passive” income HOA headaches and why a homeowner association could ruin your cash flow Cash-hemorrhaging HELOCs and the fastest way to pay off bad debt And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 636 with Amy Mahjoory (Part 1) BiggerPockets Podcast 352 with Diego Corzo Join BiggerPockets Pro and Start Investing for Financial Freedom TODAY Shop The BiggerPockets Store SALE and Get an Additional 10% Off with Code “BOOKS849” Ask David Your Question Hear More from Expert Flipper James Dainard on The “On the Market” Podcast Books Mentioned in this Show Pillars of Wealth by David Greene Connect with Anthony: Anthony's BiggerPockets Profile Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-849 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Keleisha Carter built a $5K/month passive income stream as a new immigrant with NO green card, money, or ability to get a mortgage. After realizing that her corporate job in Jamaica wouldn’t lead her to where she wanted to be, Keleisha made the adventurous decision to pack up everything she had and move to the US. Overnight, she went from a high-respected marketing role to bussing tables in an entirely different country, but she had bigger plans. Keleisha’s goal was to support her family financially in any way she could and eventually bring them to the States. After numerous promotions, Keleisha built up a small sum of savings that she would use to buy her first rental property. Or, that was the plan until she realized that without being a US citizen, purchasing a home and getting a mortgage would be much more complicated than she thought. In today’s show, Keleisha shares her smart strategy to get around the banks and buy properties, EVEN as a new immigrant. Plus, she’ll show how she’s buying rentals today WITHOUT using her own money and why she’ll NEVER try to flip houses again. In This Episode We Cover: How to get around mortgage qualifications and buy your first property WITHOUT the banks Quitting corporate and when it’s time to take a risk and leave a soul-sucking job behind An immigrant’s guide to real estate investing without a Green Card or citizenship Why EVERY BRRRR (buy, rehab, rent, refinance, repeat) property MUST work as a house flip How to find the perfect out-of-state investing market even if you have ZERO investing experience And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Be a Guest on the BiggerPockets Podcast Henry's BiggerPockets Profile Henry's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 636 with Amy Mahjoory (Part 1) BiggerPockets Podcast 352 with Diego Corzo Connect with Keleisha: Keleisha's BiggerPockets Profile Keleisha's Facebook Keleisha's Instagram Keleisha's LinkedIn Keleisha's Website   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-848 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Yes, there are STILL rental property mortgages with low interest rates AND low money down, even in 2023. These investment property loans are unknown to most real estate investors simply because they don’t know where to look or who to ask about them. Which loans are we talking about? Stick around because today, we’re uncovering all the ways that YOU can finance and fund your real estate deals in 2023 and 2024, even when getting a loan is harder than ever before. If you’ve been struggling to put properties under contract because your financing keeps falling through, this is the episode for you. After running into numerous closing table conundrums and non-stop financing fatigue, many real estate investors are giving up on buying new properties due to banks’ lack of liquidity and eye-watering loan requirements. But that isn’t stopping David, Rob, or today’s guest, Zach Lemaster, from closing deals. In this episode, we’ll go through the loan options that WORK in 2023 and 2024, the creative financing you can use to fund your next deal, and the often unknown loans that STILL offer only three percent mortgage rates or just five percent down on rental properties (seriously). If you haven’t tried these loans yet, you could be missing out on some of the best deals of the decade. In This Episode We Cover: The underrated, often overlooked rental property loans with low interest rates and low down payments Why getting a thirty-year fixed-rate loan may NOT make sense in 2023 and 2024 Whether to secure the debt or the deal first on your next real estate investment Loan “covenants” you MUST look out for before getting any new mortgage Mortgage rate predictions and where interest rates could be over the next five years How to build a relationship with banks/lenders so you ALWAYS get funding  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab the Amanda and Matt’s Books on Tax Strategies Upgrade to BiggerPockets Pro (It’s a Write-Off!) The Tax-Free Strategy Only Real Estate Investors Can Access BiggerPockets Podcast 626 with Zach Lemaster What You Should Know About Financing Investment Properties Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Zach: Zach's BiggerPockets Profile Zach's Instagram RentToRetirement Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-847 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hear a sneak peek of David Greene's newest book, Pillars of Wealth: How to Make, Save, and Invest Your Money to Achieve Financial Freedom.  Enjoyed the first chapter? Click here to pick up your copy of the book today! Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to pay fewer taxes or outright avoid taxes in 2024, you’re in the right place. We’re about to give you all the last-chance tax tips and loopholes you can use NOW to pay WAY less in taxes in 2024. All of these are perfectly legal, but many will require some form of real estate investing. Don’t own any rental property yet? Not a problem! You can STILL start planning to pay lower taxes BEFORE you buy! We brought back our two favorite tax experts, Amanda Han and Matt MacFarland, on to the show to share all the last-minute tax tips YOU can use to pay Uncle Sam less and keep more in your pocket. Plus, Amanda and Matt share a tax “loophole” that anyone who makes under $100K per year OR owns a short-term rental property can use to save thousands, if not tens of thousands, in taxes. We’ll also get into common ways anyone can reduce their taxes through retirement account contributions, charitable donations, and more. Plus, the common misconception costing you thousands of dollars in write-offs that you never knew you could take! In This Episode We Cover The one rental property “loophole” that allows you to take a MASSIVE deduction A huge real estate write-off any investor who makes under $100K is able to take  Retirement investing and how boosting your nest egg can dramatically lower your taxes Common real estate write-offs that you’ve probably missed  How to use your home equity for tax-free income AND a big tax write-off  What to do RIGHT NOW to avoid paying taxes in 2024 (and beyond!) And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-846 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

How many rental properties would it take for you to become financially free? Five, ten, twenty, one hundred? And once you know how many you need, how long will it take you to get there? KC Massie reached financial independence in his thirties after eleven years of slowly, quietly, and strategically building a repeatable rental property portfolio that rakes in over $100,000 per MONTH in rent. Yes, you read that right—six figures a month!  KC didn’t do anything spectacular to achieve this feat. He didn’t raise any money from friends or family, buy a thousand units in a year, or use risky debt. Instead, KC did things the old-fashioned way—slowly building a portfolio of rental properties, consistently buying every year, and making the most money he could at his job to fuel his purchases. Fast forward eleven years, he has complete financial freedom and has enough money to do whatever he wants, whenever he wants. In today’s show, you’ll hear about KC’s repeatable path to real estate wealth, the surprisingly ordinary methods he used to build a BIG portfolio of rental properties, and why he encourages EVERY real estate investor to start “building quietly.”  In This Episode We Cover How KC built a $50K/month rental property income stream in just eleven years The “limiting beliefs” you’re telling yourself that stop you from achieving financial freedom Working with your spouse and why you WANT them included in your rental business  Why getting better at your job is the fastest road to early retirement  How KC doubled his portfolio overnight with one very smart move  Why you MUST start “building quietly” if you ever want to become wealthy  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-845 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jim Kwik is Nike, Google, and SpaceX’s go-to brain expert. If you want to learn anything faster and with less effort, he’s the guy you talk to. Jim is friends with some of the wealthiest, most influential people on the planet, and he knows exactly what it takes to become successful and what YOU need to do TODAY to get to where you want to be. After numerous bad falls, sleeping disorders, and head injuries, Jim was consistently referred to as “the boy with the broken brain.” He couldn't read, he couldn’t remember, and he was falling behind in every aspect of life. But one day, Jim learned how to break the memory code, learn faster than even the most diligent students, and outpace his classmates, who had significant advantages. Now, he teaches everyone else how to do the same. If you want to read faster, remember anything, scale your business, and become successful, Jim has the tips you NEED. He also shares the “lies” you’re telling yourself that stop you from achieving your dreams and the TINY step you can take RIGHT NOW to accomplish your wildest aspirations. In This Episode We Cover: The “lies of learning” that are stopping you from building wealth  Why “knowledge is power” is overrated and when to STOP learning  How to remember ANYONE’S name (even if you just met them)  The three “M's” that lead to a “limitless” brain and unlimited achievement  Why you’re feeling burned out and how to put the fire back into your life  One tiny, simple step you can take today that’ll put you on track for success  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 803 with Andy Gil BiggerPockets Podcast 443 with Jim Kwik Train Your Brain to Retain: A Quick & Simple Trick to Improve Your Memory Discover Your “Brain Animal” Books Mentioned in the Show: Pillars of Wealth by David Greene Limitless Expanded by Jim Kwik Connect with Jim: Jim's Instagram Jim's Podcast Jim's TikTok Jim's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-844 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You want to invest in real estate, but you lack the cash or the income. With home prices and mortgage rates so high, even a decent-paying job won’t land you a rental property or even a primary residence. So, what do you do? Should you call it quits and let others build wealth while you struggle to make ends meet? Not quite. There’s one thing you should start doing today that’ll make your real estate investing much easier. Welcome one and all to another Seeing Greene, where David answers your investing questions in today’s tough housing market. First, Rob joins us to advise an investor struggling to buy her business’s building from her father. He wants to sell after having a rough time with this commercial property, but Shelly, our investor, wants to convince him to keep the building OR give her a chance of ownership. What should she do?  Next, David answers the trifecta of 2023 investing questions: what should you do when your pre-approval is too low? How do you pull out home equity when you’re broke? And what to do when you don’t have enough income to qualify for a mortgage? A straightforward solution solves ALL THREE of these investors’ questions, and it’ll help you, too, if you’re struggling in this market! In This Episode We Cover: What to do if you WANT to invest in real estate but don’t have enough money  Why DTI (debt-to-income) is SO important to investing and how to lower yours NOW Real estate vs. stocks and why property almost ALWAYS beats simple stock investments When to invest in a “mediocre” deal that has no-to-low cash flow How to fire your property manager EVEN if you’ve signed a long-term contract The secret to scaling your real estate portfolio that the gurus won’t tell you And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 823 on Cost Segregation Seeing Greene 828 BiggerPockets Podcast 844 with Jim Kwik (Coming Soon!) Books Mentioned in the Show: Pillars of Wealth by David Greene The Richest Man in Babylon by George Clason Connect with Shelly: The Mousing Harke Instagram Fairmount Bicycles Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-843 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve seen Barbara Corcoran on Shark Tank, heard of her unbelievable real estate deals that make millions of dollars, and might own a product or two that she’s invested in. She’s spent her entire career betting on New York real estate, and her risk has come with tens of millions of dollars in rewards. And while Barbara is known for her “go with your gut” type of investing, her son, Tom Higgins, went a completely different direction—and it paid off. Tom has flown under the radar for most of his real estate career, never relying on his Corcoran lineage thanks to his different last name. He worked at a real estate brokerage in college, attended real estate finance classes at night, and eventually found himself in the industry as a real estate development professional, helping develop and renovate over 2,000 multifamily rental units! Tom is a hard-numbers guy. He knows the cash-on-cash return, loan-to-value, and acquisition cost of every deal he’s done. Barbara, on the other hand, self-admittedly, can barely remember which metrics are which. Today, Barbara and Tom debate whether you should go with your head or heart when investing in real estate and why using a little bit of both could make you richer than all the other investors. In This Episode We Cover: Barbara and Tom’s sneaky way of finding up-and-coming real estate investing areas Why Barbara says to never touch a DIME of your cash flow until… How Tom made Barbara even more money by making her go against her investing nature  One super simple way to immediately find out if a contractor will be worth the money  Risky leverage and the one type of loan Tom says to STAY AWAY from Why Barbara looks for “old ladies” every time she’s in a new market  How Tom uses BiggerPockets to meet investors, contractors, and partners (and why you should too!)  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Meet Your Next Partner, Contractor, or Investing Buddy on the BiggerPockets Forums Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat FIRE by 27 Using the “Chick-Fil-A Rule” of Real Estate Books Mentioned in the Show: Pillars of Wealth by David Greene Connect with Barbara: Barbara's Instagram Barbara's Podcast Barbara's TikTok Barbara's X/Twitter Connect with Tom: Tom's BiggerPockets Profile Tom's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-842 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Will 2024 bring about a soft landing or a hard recession? Tough economic times could be upon us as more and more economists disagree with the “soft landing” narrative of early and mid-2023. Even though the economy hasn’t broken down yet, top-tier investors like Fundrise’s Ben Miller believe that a recessionary “lag” is taking place that could give us some severe financial whiplash—and only the best of the best will survive what is to come. So, what does it take to survive a recession, and how do you know whether or not you’ve put yourself at risk of losing everything? Ben, David, and Rob all give their takes on what could happen in 2024, how they’re protecting their wealth, and why they’re taking fewer risks to ensure they make it out alive. This may be a HUGE wake-up call if you’re still actively buying real estate deals and leveraging your portfolio as much as possible. Ben will also talk about his lessons from the last two crashes, how the companies he worked with got crushed, and how he changed his investing perspective to build wealth far faster than almost anyone around him. Wealth is built during the downtimes, but if you don’t follow the advice of those who have been through past crashes, you could lose everything you’ve built! In This Episode We Cover: When the 2024 recession could hit and why it may be worse than most Americans believe The recession “lag” that is catching up to us and why it might hit you by surprise  A soft landing vs. hard recession and how bad the economy could get Impacts on real estate and whether or not you should be buying or holding right now Playing financial “defense” and how to ensure you don’t get wiped out during downtimes High mortgage rates and how they could lead to unemployment, a housing market standstill, and a tough economy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Fundrise’s Ben Miller on The 2023 Financial Crash A “Soft Landing” Looks Shaky as Recession Risk Starts to Rise Why 2023’s “Rolling Recession” is Almost Impossible to Predict Connect with Ben: Fundrise Ben's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-841 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re about to show you the eight best housing markets you’ve never heard of before. If you want boring, unsexy markets that give you mailbox money every month, have growing populations, cheap homes, and strong economies, bring your notepad because you probably haven’t thought of any of these markets before. We sent our On the Market researchers on a quest to find the country’s most boring, underrated, yet promising rental property markets—and we’re sharing the list with you today. From college football towns to underrated beach cities and strong manufacturing centers, almost all these cities have cash-flowing real estate where you can find steals and deals easier than already-tapped markets like Miami, D.C., or Denver. Some of these markets are on the smaller side. Still, with housing affordability tanking, these cheaper states could see a massive influx in population as coastal workers seek financially stable inland cities. So, if you’ve been saving up to buy your next deal but can’t find anything worth investing in around your area, check out ANY of these eight markets because if you don’t buy in them, we will (and Henry already has)! In This Episode We Cover: Eight boring, stable, cash-flowing real estate markets you can invest in NOW The East Coast beach city with MASSIVE population growth and cheap home prices The college football towns where you can make a killing on student housing Staying away from single-industry markets and what happens when employment starts to fall The state pushing for zero percent state tax that could see a significant population boost The growing city where Henry is gobbling up rental properties as fast as he can And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Get on The Waitlist for BPCon 2024 in Cancún! The 4 Most Affordable, High Cash Flow Real Estate Markets of 2023 These Are The Top 20 Up-And-Coming Real Estate Markets Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-155 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Could the end of real estate investing already be upon us? How do you know how much to spend on a renovation before buying a house? And is a negative cash flow rental EVER worth investing in? On this Seeing Greene, we’re answering the tough questions you’ll be forced to ask in a hard housing market so you can build wealth while the masses run for the hills. Thankfully, David has his co-pilot on this episode! David and Rob are back to answer YOUR real estate questions, EVEN if you’re too scared to hear the answers. On today’s show, a live caller asks, “How do I get a renovation estimate BEFORE bidding on a BRRRR?” If you’ve stressed over which comes first, the bid or the buy, stick around. We’ll also touch on negative cash flow and when it makes sense to buy a rental that’s losing money every month (there’s a science to this). Then, for all you doomsayers, David and Rob give their take on what happens when the population declines, and no one is left to rent houses. Finally, we answer the age-old question, “should I rent or buy in today’s market?” Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to estimate rehab costs BEFORE you bid on a BRRRR When it’s worth it to buy a “cash flow negative” rental property  The secret to getting out of ANY contract if you need to exit a deal The long-term effects of declining populations and whether real estate investing could meet its end Renting vs. buying and when it makes sense to invest while you're still a renter And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Sign Up for BiggerPockets Pro to Get Rental Property Calculators, Leases, and More Hop On the BiggerPockets Forums to Connect with Other Investors Books Mentioned in the Show: Pillars of Wealth by David Greene Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Connect with Sean: Sean's BiggerPockets Profile Sean's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-840 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Darius Kellar went from making ten dollars an hour as a janitor to a real estate investor with over $1,000,000 in rental properties in less than a decade. By taking advantage of property auctions and investing in areas that most real estate investors wouldn’t even consider, Darius has built a real estate portfolio that will soon bring in six figures in rent every year, most of which he’ll get to keep. How he did it was a lot simpler than you’d expect. Before real estate, Darius had $100,000 in student debt, was making a close-to-unlivable wage, and knew he needed a way out. He bought his first home six years after the Great Financial Crisis in an economically devastated city. Darius couldn’t get a mortgage and needed to save up to get out of the two-bedroom house he was sharing with six other people. Once he closed on his first house, he knew he had to repeat the system. But this wasn’t easy. Darius has seen everything from sewer problems to stripped copper piping and wiring, no electric hookups, and renovation headaches, but he never stopped. Now, he makes as much passive income per year as many people’s full-time jobs and can show you how to do the same so you can make more money than you ever dreamed possible. In This Episode We Cover: How to buy properties at auctions for THOUSANDS of dollars each (seriously) The one thing you MUST do before you buy any property (getting this wrong could cost you thousands) DIY rehabs and how to outsource your home renovations so you can focus on investing How to use BRRRR (buy, rehab, rent, refinance, repeat) to build your real estate portfolio faster Why Darius’ overlooked area could be a cash flow goldmine for investors Turning your real estate skills into a business to make even more money And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube 10 Deals on a $20K Waitress Salary With Ashley Hamilton Book Mentioned in the Show: Pillars of Wealth by David Greene Connect with Darius: Darius' BiggerPockets Profile Darius' Facebook Darius' Instagram Darius' Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-839 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Without asset protection, your wealth is as good as gone. One slip and fall from a tenant, one angry ex-spouse, one jealous onlooker, and you could have your real estate relinquished and your bank accounts drained. And as the economy continues to get even more rocky, lawsuits that threaten your hard-earned nest egg are becoming more and more common. So, how do you build a legal fortress around your fortune? Brian T. Bradley, Esq., our go-to asset protection expert, is back on the show with news that could affect all real estate investors. A recent case surrounding LLCs (limited liability companies) has completely changed the landscape for investors, businesses, and anyone who operates within an LLC. Now, the LLC you so carefully set up could mean nothing if you eventually get sued. But there is something you can do about it. In this episode, Brian goes over the changes in this new LLC law, how you can start protecting your assets (even if you only have a couple of properties), how to NOT commit “accidental fraud,” and the rise of “Robin Hood” lawsuits you MUST protect yourself against. In This Episode We Cover: The asset protection “layers” anyone can use to protect themselves from lawsuits  A new court case on LLCs that could change the way business is done  “Piercing the veil” and mistakes you’re probably making that could cost you everything The “accidental fraud” actions MANY investors make when protecting their assets Why you NEVER want to put your rental properties into an S-Corp The rise in “Robin Hood” lawsuits that target wealthy, successful investors And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to “Layer” Legal Protection So Lawsuits Won’t Touch Your Wealth Don’t Lose Your Portfolio to Lawsuits! Here’s How to Protect Yourself Asset Protection for Rookies: 7 Wealth-Saving Answers from an Expert 10 Landlord-Tenant Laws Every Landlord Should Know Books Mentioned in the Show: Pillars of Wealth by David Greene Connect with Brian: Brian's BiggerPockets Profile Brian's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-838 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin Paffrath, AKA “Meet Kevin,” one of YouTube’s most famous financial influencers and real estate investors, joins us for this week’s Seeing Greene to answer YOUR real estate investing questions. But this time, you’ll hear a bit more about who should be investing, who shouldn’t, and why partnering up on a property is a huge “no-no” in Kevin’s book. Plus, if you’re starved for cash flow in this impossible investing environment, Kevin has some good news for you. But that’s not all we get into. David and Kevin talk about why cash flow isn’t as important as you think, why dating the mortgage rate could be risky, the social media investing scam you could be falling into, and why investing with no money down is a fool’s game. One investor even submits a potential deal that makes Kevin want to vomit (his words), so if this sounds like something you’re about to buy, run away! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Why you should stop caring so much about cash flow and focus on THIS instead What to do with “trapped capital” in your properties and how to make more money to invest BRRRRing vs. flipping in 2023 (and which one Kevin HATES) The investing “advantage” you might not even know you have Partnership problems and the one real estate investment Kevin won’t touch  Using private money to fund your down payment (and Kevin’s STRONG opinion on this) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Ask David Your Real Estate Investing Question BiggerPockets Podcast 357 (Kevin’s Episode!) BiggerPockets Podcast 822 BiggerPockets Podcast 833 Luke Carl Books Mentioned in the Show: Pillars of Wealth by David Greene Connect with Kevin: HouseHack Kevin's Instagram Kevin's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-837 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find financial footing. Now, just five years later, she’s financially free, owns over five hundred rentals, and works not because she has to but because she wants to. She’s scaled faster than almost anyone else we’ve interviewed, so tune in to hear her secrets! Let’s address the elephant in the room. Lindsey Duguet is actually Dr. Lindsey Duguet, a physician who was the first in her family to attend college. After being told “you can’t do that” more times than she could count, Lindsey made it her mission to prove everyone wrong on her road to success. She got into medical school, nailed residency, became a doctor, and then built a massive passive income rental portfolio on the side to free up family time. In this episode, Lindsey talks about what made her realize she couldn’t rely on a W2, why buying squatter-filled rentals for just $5,000 isn’t the best move to make, a MASSIVE BRRRR win that made her $300K (tax-free), and how to get “unstuck” when you feel like your real estate investing has hit a wall. In This Episode We Cover: How to build a massive real estate portfolio in five years (or less) Direct mail and other ways that Lindsey found killer off-market deals Why you should NEVER buy a house sight unseen (unless you do this) Real estate partnerships and how to use them to build an even bigger portfolio Creating passive income and why you CAN'T rely on your W2 forever Working full-time while running a real estate portfolio and how to start outsourcing tasks And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Build a Real Estate Portfolio & Quickly Scale Your Investments Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with Lindsey: Dr. Lindsey's Facebook Dr. Lindsey's Instagram Dr. Lindsey's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-836 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Earlier this year, many Airbnb hosts expected the short-term rental market to fall off a cliff. With the threat of an economic recession, travel spending was supposed to crater, and with it, a slew of Airbnb failures. But that never happened. While demand did drop, supply increased, and daily rate growth eventually fell flat, there was no “Airbnbust” that so many doomsayers predicted. But, with another recession risk looking more real, are hosts still safe? We brought AirDNA’s Jamie Lane back to give his take on whether or not a short-term rental crash could happen this year or next. But that’s not all; Jamie also goes over what top hosts are doing NOW to increase their revenue and keep their businesses afloat even as rates come off their post-pandemic highs. Plus, what’s happening globally as a strong US dollar scares away would-be international travelers. If you run an Airbnb, this is data you must pay attention to. We’ll review which short-term rental markets are in danger, the amenities that will explode your occupancy, what to do when regulations get introduced in your city, and how to prepare if a recession cuts into Americans’ travel spending. In This Episode We Cover: The “Airbnbust” that never happened and why the short-term rental market held up Supply, demand, and why average daily rates are starting to fall across the industry Airbnb bans and short-term rental regulations that could immediately impact your business Global Airbnbs and why international travelers are steering clear of vacationing in the US Fires, floods, hurricanes, and other natural disasters threatening lives and Airbnb businesses Jamie’s advice on getting your first Airbnb and how to find a market that will last And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Tony's BiggerPockets Profile Tony's Instagram Hear Our Last Episode with Jamie Hear More from Tony on the “Real Estate Rookie Podcast” Use the BiggerPockets Airbnb Calculator Try AirDNA Today Attend Host Con with Rob Connect with Jamie: Jamie’s LinkedIn Jamie’s Twitter Jamie’s Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-835 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

About to take out a HELOC to buy an investment property? This could be a move you regret for years, ESPECIALLY if you’re doing this in 2023. As home prices have risen and real estate investors search for more money to invest, the HELOC (home equity line of credit) has become an obvious choice for many. But drawing from these lines of credit could come with a lot more risk than you might think and may tank your cash flow. David Greene is back on another Seeing Greene, live from Florida! But that’s not all; Rob (Robuilt) Abasolo is coming on to tag-team your real estate investing questions. They'll first talk to Tim, who wants to invest in real estate in high-priced Southern California. He has a townhome with some sizable equity but doesn’t know how to fund his first investment or make the most cash flow. David and Rob also hit on what to do with inherited or paid-off properties and how to scale when you lack the capital. Plus, we read a two-star review and combat it with a YouTube comment compliment from David’s secret admirer. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to turn your home into a rental property and investing in expensive areas When you should (and definitely shouldn’t) use a HELOC to fund your rental property purchase The super passive short-term rental “reverse” arbitrage model most landlords don’t know about Scaling your real estate portfolio even when you’re out of capital Inherited properties and how to make hands-off cash flow The smartest ways to fund rental property repairs and renovations And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Ask David Your Real Estate Investing Question Seeing Greene: Early Retirement, Private Lending, & The $10,000 “Guru” Trap (Ep 825) How to Use a HELOC to Buy Real Estate Book Mentioned in the Show: Pillars of Wealth by David Greene Connect with Tim: Tim's BiggerPockets Profile Tim's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-834 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Luke Carl’s real estate “gateway drug” took him from one home to three hundred rental units in record time—and it can do the same for you. What started as a niche type of investing quickly took over the world, and Luke was able to use these mega high-cash flow properties to buy more rentals, build more wealth, and have enough real estate to do whatever he wanted, whenever he wanted. If you want that same type of financial freedom, you’ll want to copy Luke’s blueprint. Luke and his wife, Avery, bought their first short-term rental before the term “Airbnb” even existed. They got in the game so early that they currently have the longest-running Airbnb in the Smoky Mountains. One vacation rental turned into another and another until they eventually reached a breaking point, forcing them to pivot and turn their short-term profits into long-term rentals, a move that Luke would wholeheartedly do again. Now, with a massive rental property portfolio, Luke credits his passive income portfolio to short-term rentals. The high cash flow has allowed him to buy more passive properties that can be outsourced and don’t require constant attention. But can YOU still repeat Luke’s short-term rental strategy with the so-called “#Airbnbust” upon us? Surprisingly, yes. He'll show you how. In This Episode We Cover: How to use high-cash flow vacation rentals to build your real estate portfolio WAY faster Why Luke DIDN’T quit his job to invest in real estate EVEN when he had enough income Transitioning from short-term rentals to long-term rentals and when to STOP buying Airbnbs Luke’s financial “buckets” every short-term rental operator must set up Property management vs. self-management and why you DON’T need to outsource most vacation rentals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Learn Directly From Luke with The BiggerPockets Short-Term Rental Bootcamp Hear Our Episode with Luke’s Wife, Avery Carl Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Short-Term Rental, Long-Term Wealth by Avery Carl Profit First by Mike Michalowicz Connect with Luke: Luke's BiggerPockets Profile Luke's Podcast The Short-Term Shop Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-833 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Once you know how to analyze a rental property, you can reach financial freedom FAR faster than most Americans. You’ll be able to know how much a property is worth, how much passive income you’ll make, which properties are worth investing in, and how many rentals you’ll need to retire and reclaim your time freedom. Today, David Greene will give you a masterclass on analyzing rental properties plus seven “sneaky tips” to get ANY offer accepted (even in 2023!).  In this short webinar, you’ll learn how to find the best rental properties in any area and analyze a rental for cash flow, cash on cash return, equity upside, and more. The best part? You don’t need ANY investing experience to do these calculations. With the BiggerPockets Rental Property Calculator, you can tell if a property is worth the price in MINUTES! David will walk through it all in this episode!  Ready to start? Sign up for BiggerPockets Pro and use code “OFFER20” for 20% off an annual membership and UNLIMITED calculator usage!  In This Episode We Cover: How to buy your first (or next) rental property EVEN in today’s tough market  How to analyze a rental property from start to finish in MINUTES The “LAPS” system you can use to constantly find great real estate deals  Cash flow, cash on cash return, equity, and other metrics you MUST know about How to make an irresistible offer and David’s seven “sneaky tips” for getting your first property under contract  The one tool top real estate investors use to build massive passive income And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Grab The Best-Selling Books by David Greene Rental Property Calculator Rent Estimator Pro-Exclusive Videos Ask David YOUR Investing Question Get the Slide Deck from This Webinar Connect with David: David's BiggerPockets Profile David's Instagram Lending Brokerage Textletter David's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q4-1 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to speed up your retirement savings so you can retire even faster? With the right out-of-state rental properties, you can have consistent cash flow coming in every month, along with tens of thousands, if not hundreds of thousands, in equity from properties you bought this year! Today, we’re talking to two investors building their retirement nest eggs with long-distance real estate investing. Even better, the deals they’ll share were bought THIS year in today’s impossible housing market. First, we’ll talk to Keith, who lives in pricey California. He knew he couldn’t invest nearby but wanted to start building his passive income empire. With the help of Indianapolis agent Peter Stewart, Keith was able to lock down a medium-term rental that now cash flows $700 per month! Keith and Peter get into all the details, from how much the house cost to how they got it close to $30,000 under asking price, and the almost-perfect BRRRR (buy, rehab, rent, refinance, repeat) they did. Next, we’ll talk to Dave, who sold off all his rental properties in the last crash. Now, with retirement inching closer, he wants to build a legacy for his two boys. Dave worked with Oklahoma’s own Dahlia Khalaf on finding a long-term rental in a market with PLENTY of demand—so much demand that Dave had seventy-five interested applicants the weekend he posted this home for rent! If you want to find deals like Keith and Dave did in TODAY’s housing market, tune in! In This Episode We Cover: Retiring with rental properties and how to start building your nest egg today Out-of-state real estate investing and landlording at a distance when your home market is too pricey Building your “buy box” so you know exactly what rental properties to look for How to get WAY more cash flow out of the same rental with the “medium-term rental” model Using the BRRRR (buy, rehab, rent, refinance, repeat) method to pay close to nothing for rental properties  Why overbidding isn’t always a bad thing (and how it can make you money!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab David’s Book on Long-Distance Investing, BRRRR, and More Analyze Rentals in Minutes with the BiggerPockets Rental Property Calculator Hear How to Get YOUR Offer Accepted in This Housing Market Connect with Dave: Dave's BiggerPockets Profile Connect with Dahlia: Dahlia's BiggerPockets Profile ASN Website ASN Facebook Connect with Keith: Keith's BiggerPockets Profile Keith's Instagram Keith's Facebook Connect with Peter: Peter's BiggerPockets Profile Peter's Facebook Peter's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-832 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Should I sell my rental property in 2023?” If you own investment property, you’ve probably asked yourself this numerous times over the past ten months. Prices are high, inventory is low, and your appreciated property’s profits could be turned into even more rental units, making you wealthier over time. So, how do you know if selling and swapping is the best move to make? Or, if you do sell, could you be missing out on even more wild appreciation potential? Let’s find out! Welcome back to Seeing Greene, where your investor, agent, lender, big guy at the gym who helps you with your form, and mentor, David Greene, is here to answer your real estate investing questions. This time, we hear from a Canadian investor debating selling her pricey Toronto triplex for cash-flowing American real estate. Then, David shows you exactly where to find rental property leases, when pulling out equity may not be a good idea, what to do when you CAN’T get home insurance, and how to calculate depreciation on your next rental. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: When to trade your reliable rental for more doors and bigger cash flow  Lease agreements and whether making your own or using a property manager is a better bargain HELOCs, 401(k) loans, and the right way to pay off debt FAST  The home insurance crisis and what to do when you can’t get coverage for your rental Calculating depreciation on a potential property and when tax savings AREN’T worth doing another deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Get Lawyer-Reviewed Lease Forms for Your Rental BiggerPockets Podcast 728 on Medium-Term Rentals BiggerPockets Podcast 819 on Insurance Crisis BiggerPockets Podcast 820 on Late Starter’s Guide Books Mentioned in the Show Pillars of Wealth by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-831 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Off-market real estate deals can make you a millionaire in just a few YEARS. Instead of buying the nicest-looking rental property in the best area through a brutal bidding war, David Lecko went the opposite route, purchasing the properties nobody else wanted, finding deals simply by driving for dollars or paying someone else to do so. He went from a burnt-out nine-to-five worker to financial freedom in just two years by following this strategy, and you can do it, too! David was working all day and all night, making a meager salary with almost zero time freedom. His boss, who worked far less than he did, outsourced his business and had rental properties on the side. David knew that to be in the same position, he’d have to mimic his boss’ path to wealth. So, after work, David would drive around his local area, looking for the tallest grass, the biggest roof repairs, and the worst paint jobs. He finally found his first deal, which cost less than a used car, but ended up springboarding David to make millions. In today’s episode, David will walk through EXACTLY how to find off-market real estate deals the RIGHT way, how to get around the lazy lists that most off-market investors use, and how to turn a few properties into millions of dollars of wealth and close to six figures a year in passive income. And in today’s tough housing market, finding deals like these is even MORE crucial. So, what are you waiting for? Financial freedom is only a couple of years away! In This Episode We Cover: How to reach financial freedom in just a couple of years by buying off-market real estate  Driving for dollars and using this strategy to find massively underpriced deals Outsourcing your deal finding so you can drive less and make more money Building your off-market deal list and how many houses it’ll take to get your first payday  To BRRRR or not to BRRRR and why NO cash flow isn’t always a bad thing  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Join David’s Spartan League Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 731 with Brent Daniels BiggerPockets Podcast 781 on Finding Off-Market Deals BiggerPockets Podcast 663 with Pitch Anything Part 1 BiggerPockets Podcast 664 with Pitch Anything Part 2 Real Estate Rookie Podcast 241 with Sahleem Lee Books Mentioned in the Show Buy, Rehab, Rent, Refinance, Repeat by David Greene Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with David: David's BiggerPockets Profile DealMachine David's Instagram David's Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-830 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you take these three steps, you’ll reach financial freedom. There are no gimmicks, courses to buy, or get-rich-quick schemes. This three-step, repeatable blueprint to building wealth has been time-tested by some of the world’s most successful real estate investors. It’s not complex, but it will take work, sacrifice, and time to get where you want to be. So, what awaits you if you follow through? Financial freedom, multimillionaire wealth, autonomy, and the ability to do whatever you want, whenever you want. The weak won’t make it on this path, but YOU will. Today, we hear directly from David Greene on what made him millions, mistakes he made that you should avoid, and what his new book, Pillars of Wealth, can teach you that most Americans will go their whole lives without knowing. This is a blueprint for wealth-building that only the most financially savvy know about, and you’ll get to hear about all of it on today’s episode. So, if you’re tired of feeling stuck, not knowing how to make or keep more money every month, and need guidance on the next financial move to make, pre-order Pillars of Wealth today and start your journey to financial freedom! In This Episode We Cover: The three “pillars” of wealth that will lead you to financial freedom Why you’re spending all the money you earn and how to save money EVERY month The personal finance metrics you MUST track if you want to become wealthy  Why quitting your job to invest could push your financial progress back by years How to know which rental properties to keep, sell, or trade for something else David’s biggest mistake and what you need to be doing RIGHT NOW to become wealthy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Join David’s Spartan League Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Interview with Off-Market Deal-Finding Expert, David Lecko (Coming Soon!) David Greene’s Untold Story of 7-Day Workweeks to 7-Figure Net Worth Book Mentioned in the Show Pillars of Wealth by David Greene The Richest Man in Babylon by George S. Clason Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-829 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

DON’T sell your low-cash flow rental property just yet—you could make it a cash cow with one quick strategy switch. At least that’s Rob Abasolo’s advice as he joins David this Sunday for a Seeing Greene episode, where they take questions directly from BiggerPockets listeners, commenters, and reviewers! And even if you don’t have your first rental in the bag, this episode will be worth tuning into. David and Rob discuss whether buying your first property with a fixed vs. adjustable-rate mortgage (ARM) makes more sense with today’s high interest rates. Then, we hear from an investor looking to sell their rentals and move that money into a bigger city with more appreciation potential. The problem? Their rentals are making some serious cash flow. Speaking of cash flow, we hear from an investor who’s got a townhouse that COULD become a rental but would have some meager returns. Is it worth keeping? Tune in to hear answers to all those questions and more! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to turn your low-cash flow rental into a passive income machine  Partnering with family members on a rental and how to split the profits  Fixed-rate mortgages vs. adjustable-rate mortgages (ARMs) and whether the low rate is worth the risk  When to trade your stable, cash-flowing rentals for long-term appreciation in a better market  Why lenders DON’T want you to downgrade to a cheaper primary residence (and how to get around it) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Rental Property Calculator Rent Estimator BiggerPockets Podcast 798 with Alex and Leila Hormozi BiggerPockets Podcast 816 Ask David Your Real Estate Investing Question Fixed-Rate vs. Adjustable Rate Mortgages: What’s the Difference? Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-828 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want a PRACTICAL guide to making six figures in real estate? What about a way to do it in a year or less? That’s precisely what Keith Everett did, trading his sixteen-dollar-an-hour factory job for the potential to make six figures by himself, wholesaling real estate. Keith dropped out of college to work, realizing he made as much at his job as his university professors. After working twelve to sixteen-hour shifts and receiving a ten-cent raise (seriously), Keith knew he needed a way out. Keith purchased a twenty-dollar book on real estate investing and got his first deal soon after. He was flying high, thinking the rest would be easy until the money stopped flowing in, his car got repossessed, his bank account ran low, and his wife was forced to move away for a job that would support the family. This wasn’t Keith’s plan, but he quickly turned things around. Now, Keith runs a real estate business that brings in not just six figures a year but six figures a MONTH. He’s done over 400 deals in the past seven years and went from factory worker to scrappy hustler to CEO. Keith walks through every book he read, course he attended, and skill he learned that took his wealth to the next level. If you follow his practical tips, you could end up right where he is. In This Episode We Cover: How to make six figures a year (or month) by wholesaling real estate Finding your “financial thermostat” and setting it so you save money EVERY month How to fix your credit and the one thing you can do now to boost your score How to go from hustler to CEO and build a business instead of another job  The biggest mistake Keith made when he started making serious money The three things Keith focuses on when doing ANY deal  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Henry's BiggerPockets Profile Henry's Instagram Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify Apple Podcasts BiggerPockets Watch Henry on the “On the Market” YouTube Channel CreditStrong Self.inc Book Mentioned in the Show Flip by Nick Ruiz Objections by Jeb Blount Outwitting the Devil by Napoleon Hill Profit First by Mike Michalowicz Rich Dad Poor Dad by Robert Kiyosaki Secrets of the Millionaire Mind by T. Harv Eker The 5 Love Languages by Gary Chapman Traction by Gino Wickman Way of the Wolf by Jordan Belfort You Can’t Teach a Kid to Ride a Bike at a Seminar by David Sandler Connect with Keith: Keith's Instagram Keith's Twitter/X Hustle Implementers Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-827 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2023 housing market may be the “toughest real estate market” we’ve ever experienced. But, after this episode, we bet your home offer will get accepted, even during a wild seller’s market, even if you’re not offering the highest bid, and EVEN if this is your first time buying a home. While you may THINK that sellers always choose the “highest and best” offer that comes their way, we have a few experts to prove that that’s rarely the case and how you can win even in an impossible housing market. First-time home buyers and veteran investors alike are feeling the sting from this never-ending sellers market. There are still more buyers than sellers, and bidding wars have come back into fashion. Thankfully, a few quick tips from today’s expert agent, Lindsey Iskierka, and David Greene’s own mortgage broker, Christian Bachelder, can help you win the home you love or your next cash-flowing, equity-boosting investment property. We’ll walk through the five steps ANYONE (yes, even you) can take to put yourself in the BEST position to make a bid on a property, how your lender can ensure you DON’T get squeezed into paying more, and the biggest mistake new home buyers make that are costing them their dream home. Stick around because once you put these tips into practice, you could have too many accepted offers on your hands. In This Episode We Cover: How to get your home offer accepted in 2023, EVEN if you’re not the highest bidder Pre-qualification vs. pre-approval and why you CAN’T mistake the two Why you MUST call your lender before putting in ANY property offer (save THOUSANDS) The “rate stack” that could lead to a lower mortgage rate or a credit to closing costs The powerful negotiation tool that could land you tens of thousands at closing One common “hiccup” you MUST avoid when closing on your next property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel BiggerPockets Podcast 805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth BiggerPockets Podcast 817: 2 “Slam Dunk” Small Multifamily Deals in 2023 (and Where to Find Them) Watch “Mortgage Mondays” with Christian and David Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Lindsey: Lindsey's BiggerPockets Profile Lindsey's Email Lindsey's Instagram Connect with Christian: Christian's BiggerPockets Profile Christian's Instagram Christian's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-826 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have a rental property? What if you could use it to buy even more rentals, build your real estate portfolio, and have a steady stream of passive income flowing into your bank account? On today’s Seeing Greene, one viewer is asking exactly how to do that, and while his strategy could work, it may not be the best move with mortgage rates so high and deal flow so low. So, what would David do instead? It’s Sunday, so we’re taking listener questions directly from rookies, veteran investors, and those wanting to retire early. In this episode, David pokes holes in the “cash-out refinance to buy a new property” strategy. We also hear from two late starters who want to get a jump on their retirement, a burnt-out property manager looking for the best way to scale, an equity-heavy investor who’s debating buying a rental or lending out his money, and a reviewer who was scammed by the real estate “gurus.” Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to use your home equity to buy more rental properties and build a real estate portfolio How to retire early, build a nest egg, and create cash flow as a late starter Scaling your real estate business and whether you have what it takes to do so The real estate “gurus” who will take your money and run (and telltale signs of a scam) Why quitting your job for real estate isn’t a smart move to make (especially in 2023) Private money lending vs. property investing and which will make you more money And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!) Warning: Why You Shouldn’t Buy What the Gurus Are Selling Books Mentioned in the Show Pillars of Wealth by David Greene SCALE by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-825 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jason Lewis made it his life’s goal to hit financial freedom by thirty-five. After watching his family go bankrupt, lose their multi-generational farm, and have to give up their dreams, Jason knew that this was NOT what he wanted his future to look like. Instead, Jason would build a multi-million dollar real estate portfolio. One without high risk, high leverage, or a bank breathing down his neck when things went sideways. A portfolio that would make him MILLIONS in tax-free income, using techniques every average American can repeat. Jason quickly learned the right way to use debt. After securing a loan at the young age of seven, Jason started raising hogs. When he became the Grand Champion for hog raising at his local fair, he was given a check for a couple thousand dollars—MORE than enough for any seven-year-old. This lesson later helped Jason repeat the same strategy, but with real estate, always adding value and ALWAYS paying his debts. Jason’s “opportunistic” way of investing allows him to buy anything and everything that makes money. House hacking, fix and flips, mobile homes, and oil and gas leases are just SOME of the asset classes that Jason has invested in. One of these allowed him to make $1.9 million using a strategy that ANYONE listening to this episode can take advantage of. Want to hear how? Stick around! In This Episode We Cover: The danger of “overleveraging” and how it can ruin your chance at financial freedom House hacking and how to make tax-free millions simply by living in your home Syndication hype and why you should NEVER “fake it till you make it” in real estate Jason’s “No B.S.” advice to find real estate deals WHEREVER you are Partnerships and when it’s a wiser move to fly solo in your investing career  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube House Hacking 101: What It Is and How to Get Started Is Leveraging Really That Risky? The 30-Something’s Guide to Financial Freedom Tune into the “Creative Real Estate Podcast” with Jason Connect with Jason: Jason's BiggerPockets Jason's Facebook Jason's Instagram Jason's LinkedIn Jason's TikTok Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-824 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s the key to paying fewer taxes? A cost segregation study. Never heard of it? Most real estate investors haven’t, but we’re about to unlock a world of tax-free income earning using this specific tool. If you’ve wondered how the wealthy pay such few taxes while owning million-dollar-producing real estate, this is how. In today’s episode, you’ll learn how to use cost segregation, too, so you can keep more money in your pocket. Taxes aren’t everyone’s favorite subject, but paying fewer taxes? You can probably get behind that. We’ve brought on CPA and CFP Mitchell Baldridge to explain how he helps real estate investors, large and small, delete their taxable income and build their real estate portfolios faster. Our own Rob Abasolo uses Mitchell’s team to cut his taxes down by more than six figures! In this episode, we’ll explain what cost segregation is, why so many top real estate investors use it to lower their taxes, when you can (and can’t) use it on your properties, the short-term rental tax “loophole” to take advantage of, AND what happens when you do it wrong. In This Episode We Cover: How to wipe out your income taxes using cost segregation studies Bonus depreciation and writing off your property faster than before Using real estate losses to lower your W2 or business income The short-term rental “loophole” ANYONE can use to reduce their taxable income Carrying over losses and why top real estate investors will NEVER stop buying property Caveats and pitfalls of cost segregation and when it can come back to bite you And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes Can a Cost Segregation Study Help You Lower Your Taxes? Connect with Mitchell: Baldridge Financial Better Bookkeeping RE Cost Seg STR Cost Seg Mitchell's Twitter/X Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-823 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you know how to use your home equity, you can retire MUCH faster than most Americans. For the majority of homeowners, equity is just something to sit on, not something worth using. But what if you could convert your home equity into rental properties, cash flow, or even more appreciation? Where would you be in a decade if you used your equity to make even more equity in other properties? You could retire early, make more than you’ve ever imagined, and KNOW that your wealth is working FOR you. It’s Sunday, and David remembered to turn his green light on…you know what that means. We’re back with another episode of Seeing Greene, where real estate investors, rookies, and business owners shoot some of their most pressing questions at David. In this show, a young business owner wants to know how to sell (without sounding salesy). Then David describes how to use your home equity to buy even more properties, the best way to pull "wealth" from your rentals, how to retire in ten years, and why no one talks about the “BEAF” strategy of real estate investing.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to retire in ten years (or less) by investing in rental properties in THESE areas Turning your home equity into more real estate and investor-only loans most don’t know about Extracting the wealth you’ve built without the tax man taking your gains Rental property upgrades that are ALWAYS worth the money (and which to skip) The new “BEAF” real estate investing strategy that says “NO” to cash flow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel BiggerPockets Podcast 798 with Alex and Leila Hormozi BiggerPockets Podcast 810 with Greg Harden BiggerPockets Podcast 827 with Keith Everett (Coming Soon!) BiggerPockets Podcast 663 with Oren Klaff Book Mentioned in the Show Pillars of Wealth by David Greene The Small and Mighty Investor by Chad Carson SCALE by David Greene Pitch Anything by Oren Klaff Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-822 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you listen to this episode, you’ll be able to buy a rental property in the next ninety days. That means by the end of 2023, you could have passive income flowing in and equity building on your behalf. But how do you get there, especially during a tough housing market like we find ourselves in today? Don’t worry; we’ll give you a step-by-step guide on finding, funding, and profiting from rental properties so you can achieve financial freedom. David Greene is financially free because of real estate. He’s been building his rental property portfolio for over a decade, and now, he’s sharing the tricks of the trade with YOU. In this webinar, David will go through the “ninety-day challenge” that helps real estate rookies become rental property investors in less time than EVER before. If you're starting from ZERO and don’t know where to begin, this is THE episode to tune into. Or, if you’ve hit a wall while building your rental portfolio, stick around; we’ll get you to your first (or next) rental in ninety days (or less)!  Ready to start? Sign up for BiggerPockets Pro and use code “PODCHALLENGE23” for 20% off an annual membership plus a copy of Brandon Turner’s The Intention Journal!  In This Episode We Cover: How to buy your first (or next) rental property in ninety days  Analyzing a real estate deal from SCRATCH using the BiggerPockets Rental Property Calculator  The “LAPS System” that will send potential rental properties your way every day! How to finance your rental properties using more than traditional loans  Why you MUST build a real estate portfolio, NOT just buy one rental property  The real estate investing strategies and niches for YOUR financial freedom goals  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rental Property Calculator Rent Estimator Pro-Exclusive Videos BiggerPockets Bootcamps ListSource Realtor PropStream Zillow   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-3 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest. By the time Ryan was thirty, he already had twenty-one rental units, paid off over six figures in student debt, and used his pilot job to scope out new property markets. Everything was going to plan until a once-in-a-lifetime opportunity presented itself. Ryan left everything and made the jump. But how did Ryan end up in his multi-millionaire position? How did he go from house hacking “crash pads” for pilots to helping manage one of the largest real estate portfolios in the country? A better question—how did a commercial pilot become Grant Cardone’s right-hand man? Ryan’s story is unbelievable, but it’s true. In today’s episode, Ryan will share why he gave up his high-paid job to bust his butt working for Cardone Capital, why Grant Cardone told him to sell his ENTIRE real estate portfolio, and the two-minute deal analysis Ryan does that instantly tells him whether a property is worth pursuing. Ryan proves ANYONE can go from nothing to much more than something—and you can, too! In This Episode We Cover: Becoming a millionaire by your mid-thirties and turning active income into passive income  House hacking, “crash pads,” and how to make money off of your first home Paying off six figures in student debt and why you MUST be frugal at the beginning of your investing career  Millionaire tips from Grant Cardone and what to do when your property ISN’T profiting  The two-minute deal analysis Ryan uses at Cardone Capital EVERY day  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Need a Real Estate Lingo Review? Check Out the BiggerPockets Glossary BiggerPockets Podcast 108 with Grant Cardone BiggerPockets Podcast 250 with Grant Cardone Book Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Connect with Ryan: Ryan's Instagram Ryan's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-821 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you start real estate investing in your 40s, 50s, or 60s? We’re here to prove that it’s 100% possible, even if you have zero real estate experience or feel like you’re getting a “late start” to rental properties. You don’t need a lot to begin, and if you have some of the basics down, you can go from zero rental properties to twenty like today’s guest, Kim Woolf Bosler, who started her real estate portfolio at age fifty-six, with six children and twenty grandchildren! But before we get into Kim’s fast-paced property story, we’ll chat with Kyle Mast, the financially-free CFP (certified financial planner) who already achieved financial independence with the help of real estate investing. Kyle is here to help show that even if you don’t have millions of dollars in the bank or rental property experience, you can STILL invest, no matter your age. He’ll talk about where to pull money from, how to increase your income in retirement, home equity, and more! After some solid tips from Kyle, Kim will share her story of going from primary residence owner to building a portfolio of twenty properties in a VERY short amount of time. Now she has the flexibility to live every day as she chooses and use all her extra income to spend time with her BIG family! You can copy Kim’s exact strategy by tuning into today’s episode!  In This Episode We Cover: How to start investing in real estate in your 40s, 50s, or 60s Using your retirement accounts (like 401(k)s) to buy your first rental property Scaling your passive income FAST with out-of-state investment properties Home equity lines of credit (HELOCs) and leveraging yours to invest 1031 exchanges and turning taxable gains into a tax-free “dream house” And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram A Personal Finance Masterclass with Kyle Mast The Late Starter’s Guide to Financial Independence (Even in Your 50s!) RealWealth Connect with Kim: Kim's Facebook Connect with Kyle: Kyle's Twitter/X Kyle's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-820 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

2023’s insurance market is bad. Really bad. “As bad as I’ve ever seen,” says Insurance Office of America’s Robert J. Hamilton. He’s never seen home and multifamily insurance prices as high as today. But, he has good reason to believe that a better insurance market could be upon us soon, especially as prices continue to ramp up and providers get priced out of the market.  If you’re a property owner, there’s a good chance your insurance premium increased significantly in price last year and the year before. After several unprecedented natural disasters, states like Texas, Florida, and California have seen carriers massively raise rates or leave their markets entirely. But why now? And how long will this last? Robert walks us through exactly what’s caused the higher insurance rates, why so many carriers have given up or died out, and “the beginning of a reset” that could be on the horizon. Andrew Cushman, long-time friend of the show and multifamily investor, gives his seven quick tips on finding a better rate and protecting your property if and when disaster strikes. DO NOT analyze another deal before you watch this episode because, by the time you finish, your new insurance rate could ruin the profit potential.  In This Episode We Cover: The wild 2023 insurance crisis explained and why rates have gone up so dramatically The “capacity crunch” forcing insurance carriers to leave risky markets  What’s causing rates to rise and the “reinsurance” problem carriers face  Underwriting your next rental/multifamily and how to properly predict property insurance costs  The safest states/areas to invest in that carriers are flocking to  The “percentage deductible” trap that could bankrupt your deal if you aren’t careful  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Network with Other Investors on the BiggerPockets Forums How to Protect Your Rental from Fires, Floods, Lawsuits, and Liability What Is Rental Property Insurance & Do Landlords Need It? Book Mentioned in the Show: SCALE by David Greene Connect with Andrew: Andrew's BiggerPockets Profile Andrew's LinkedIn Andrew's Website Connect with Robert: Robert's Email Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-819 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow “machines” is how Mikey Taylor describes his most recent investments. To the non-investors, the numbers seem too good to be true. But Mikey has repeated this system, again and again, to make millions of dollars off of “boring” investments that most investors overlook. What “cash machines” is Mikey referring to, and how do you go from making $800/month to millions of dollars like he did? Mikey has no degree, full-time job, or wealthy parents to hand him an inheritance. At sixteen, Mikey made it his mission to find sponsors for his skateboarding career. What started as a hobby grew into a profession, but Mikey knew it wouldn’t last. After searching for some other income to support him when his career finally ended, Mikey conveniently stumbled upon real estate—and the rest is history. Since ending his skateboarding career, Mikey has built a brewery, invested in multiple BIG multifamily deals, and started buying the “cash machine” properties so many investors WISH they could get their hands on. If you want to know the strategy behind these bold moves and how you can go from barely scraping by to financial mastery, like Mikey, this is THE episode to watch. In This Episode We Cover: The “cash machine” real estate investments only few investors will buy What REAL passive income looks like and how to start building your income streams today Starting a brewery from scratch and selling it for an almost unbelievable profit The “blue ocean” real estate deals many are too scared to touch Converting Kmarts into self-storage and how much money Mikey makes off of each How to avoid lifestyle inflation when you start making big bucks (so you can invest the rest!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 763 with Barbara Corcoran BiggerPockets Podcast 810 with Greg Harden BiggerPockets Podcast 700 with Rob Dyrdek Connect with Mikey: Mikey's Instagram Mikey's Website Mikey's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-818 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Small multifamily properties are one of the EASIEST ways to get into real estate investing. But, your market may be a little too pricey or lack the supply for you to invest in these “slam dunk” deals. So, where do you go? We’ve got two elite agents from the South and Midwest that can help YOU get your next killer deal in metro areas that are seeing STRONG demand, renter growth, and rising rents. To tell us about Chicago, the “we don’t actually love deep dish” city, is Dan Nelson. Dan was recently able to access a “private listing” that was severely underpriced. He brought this deal to a rookie client of his, who ended up making a MASSIVE amount of equity on closing. We’ll also chat with Jodi Gauthier, a Houston-based agent who secured a very lucrative seller-financed deal for her client, who couldn’t get a mortgage anywhere else. You might think these deals are too good to be true, ESPECIALLY in 2023’s housing market. But, we’re here to prove that as long as you’re in the right market, running the right numbers, with the right agent, you too can lock down these “slam dunk” small multifamily deals. In This Episode We Cover: Two housing markets with “slam dunk” small multifamily opportunities Metrics to watch BEFORE you invest in a market and how to know your home will appreciate What to do when you CAN’T find cash flow in your area (and whether or not cash flow is worth it) Seller financing and how to buy properties when you can’t get approved for a loan Questions to ask your agent to see whether or not they TRULY know what they’re doing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Last “Elite Agent” Show Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Dan: Dan's BiggerPockets Profile Dan's Facebook Dan's Instagram Dan's LinkedIn Dan's TikTok Dan's Website Connect with Jodi: Jodi's BiggerPockets Profile Jodi's Facebook Jodi's Instagram Jodi's LinkedIn Jodi's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-817 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Don’t know how to invest in real estate? If you’ve got $20K (or less) sitting around, there’s a good chance that you could start TODAY. With home prices still sky-high and most Americans under the impression that buying is out of the picture, David Greene comes in to save the day with the “sneaky rental tactic” that can help you start building a real estate portfolio for less than it costs to buy a car! Welcome back to the long-awaited return of Seeing Greene. We’ve taken some of the BEST questions from BiggerPockets listeners just like you and rapid-fired them at David to get his take. In this show, a military couple is looking to start investing but doesn’t know where to begin. A wholesaler wants to buy rentals with a partner but doesn’t know how they should form an LLC. A high-earner debates whether a “luxury house hack” is worth the extra money. Finally, an active-duty family debates selling their homes, and a deputy sheriff wants to know where best to put her leftover cash from a home sale. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to invest in real estate with $20K using the “sneaky rental tactic” “Luxury house hacking” and why buying better properties may be worth the lower cash flow Rental property LLCs and whether or not to form one for your future partnerships When to sell your properties and whether or not a housing crash could be on the horizon The “base hit” rental properties that will make you RICH when you retire And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Meet David at BPCon 2023 Hear Our Episode on Real Estate Partnerships Luxury House Hacking Explained Books Mentioned in the Show Pillars of Wealth by David Greene Real Estate Partnerships by Ashley Kher & Tony Robinson Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-816 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid. These properties are often in overlooked markets that aren’t as attractive as San Diego, Miami, Austin, or Seattle, but they make her as much, if not more, money. The houses Soli buys are often $100K or less, meaning almost any investor reading this could come close to buying one. In three years, Soli turned $50K into a $5M real estate portfolio, enough passive income to support her for life, and an online following constantly finding and funding deals for her. She started building her real estate portfolio right after college when lockdowns took away her chance to make any active income. After reading David Greene’s Long-Distance Real Estate Investing and listening to the Real Estate Rookie podcast, Soli scraped together every dollar she had and bought a Midwest rental that needed serious rehab. Now, a few years later, she and her partners own dozens of rentals across multiple markets. As a result, Soli was able to quit her job, focus entirely on real estate, and achieve ultimate time freedom. But will her cash-flow-first model work out in the long run? David goes head to head with Soli in this episode to debate whether or not these “cheap” markets are a mistake to invest in. In This Episode We Cover: Out-of-state investing and where to buy rental properties for just $100K Expensive properties vs. cheap properties and which will really make you richer  Keeping yourself accountable and why you need to tell people your goals to make them happen Raising private money and how Soli got over 800 private investors through Instagram alone  Real estate partnerships and how to grow your portfolio FAR faster by not going solo The battle of the BRRRRs and a David vs. Soli debate over which markets make the most money  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Listen to The “Real Estate Rookie” Podcast Check Out Soli On the “On The Market” Podcast Books Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Soli Soli's BiggerPockets Profile Soli's Instagram Soli's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-815 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Home prices are about to slowly slump, real estate agents get their listings held for ransom, “deflation” concerns begin to grow, and multibillion-dollar lawsuits could change real estate investing forever. In other news, it’s just another day in the 2023 housing market. Some say the sky is falling, others are optimistic, but what do the equally named yet unequally-haired Daves think will happen? Tune into this BiggerNews to find out! David Greene and Dave Meyer are reviewing some top headlines on today’s real estate market. Whether you love them or not, real estate agents are at the center of this episode as new lawsuits and cybersecurity attacks put their careers at risk. And this is no exaggeration—one of these stories could foreshadow “the beginning of the end” for real estate as we know it, and David has some strong opinions to share. We’ll also touch on how “deflation” could push prices down as the US economy enters shaky territory and what would have to happen for us to realize this notorious economic event. And if you’re ready to buy or sell a home this year, we have good/bad news for you (depending on what you’re doing) as Goldman Sachs releases their newest home price predictions for 2023 and 2024.  In This Episode We Cover: The multibillion-dollar lawsuits that could create HUGE hurdles for first-time home buyers Deflation concerns and whether or not inflation could reverse entirely Home price predictions and why the housing market could fall flat MLS (multiple listing service) cyberattacks that are holding real estate agents hostage Why institutional investors want to END buyer’s agents and take over home buying And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Hear Dave on the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Home Prices Deflation Cyberattacks Agent Lawsuits New Agent Lawsuits Could Have Profound Effects for Buying and Selling Homes Where America’s Most Accurate Forecaster Sees Home Prices in 2024 Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-814 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing is changing. Builders aren’t building what buyers and renters want, insurance companies are pulling out of top investing states, and property threats are growing increasingly common. This may sound like doom and gloom to you, but in reality, it’s keeping your competition out of the game, and if you use the advice on today’s show, you could build wealth while most cower in fear. Seeing Greene is back again as David is on to give his time-tested wisdom to every real estate investor on the planet. But he’s got backup. Rob hangs around on this episode, and special guest Dana Bull, the “know when to stop” investor, is here to drop some knowledge bombs. We take viewer questions like whether you should buy one pricey property or a handful of smaller rentals, what to do when a property you’re buying has an illegal ADU (accessory dwelling unit), why insurance companies are leaving states like California, Florida, and Texas, and what’s the BEST property type to buy in today’s market? Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The real estate “red pill” you must swallow if you want to become wealthy  Why knowing your “why” is overrated, but having THIS goal isn’t The three rules of real estate and why you should NEVER skip any of them Going big vs. small on your first rental property and the “jump-start” plan you’ll need Illegal additions and ADUs and whether or not a home is worth buying with one Insurance problems and why policies are being dropped in high-risk states The one property type you should focus on when buying in 2023 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our First Episode with Dana BiggerPockets Podcast 795 with Chad “Coach” Carson BiggerPockets Podcast 798 with Alex and Leila Hormozi “This Is The Hardest Property Insurance Market Ever" Connect with Dana: Dana's BiggerPockets Profile Dana's Instagram Dana's LinkedIn Dana's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-813 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jason Lee owns more rental properties than most full-time real estate investors. But, he didn’t do this by investing after the last housing crash, inheriting millions from his parents, or buying a hundred-unit apartment building at once. Actually, Jason seemed like the least likely person to end up as a big earner. He was raised in a household where finances were a constant source of contention, and he only went to college to play sports. Jason’s parents gave him one choice: become a doctor, lawyer, or other high-skilled professional, so he wouldn’t have to struggle like they did. After scraping through pre-med classes, living in the library, and dedicating all his time to school, he thought what every real estate investor thinks, “Maybe this isn’t the right path.” After having a sudden mental breakthrough, Jason knew he couldn’t continue. So what did he do instead? Real estate. He was working (for free) four days a week and going to school two just to level up his skills so that he could finally do what he loved when he graduated. His first deal almost blew up, he almost quit, and he got six figures stolen from him, but Jason is now back on top, only three years after graduating, with a portfolio in the eight figures. How’d he do it so fast? Stick around and find out.  In This Episode We Cover Quitting a (potential) career to focus on what will REALLY build your wealth  How non-stop rejection allowed Jason to become one of the most successful brokers/investors in his area  Why working for free has a far higher ROI than most college students think Investing in an expensive market and why “cash flow” doesn’t matter  How to NOT get scammed by a contractor and signs yours is stealing money  Jason’s “formula for underwriting” and what he looks at most when doing deals  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-812 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

These three real estate investing tools can make you more money in less time and with less effort than ever. Just ask Mark Simpson from Boostly; he used just one of these tools to bring in over six figures in sales, save dozens of hours a week, and reach thousands of prospects instantly. But, as a small investor, will these tools help you build wealth faster? The answer is a resounding YES!  In this episode, we’re going over three types of real estate investing tools that have helped us scale our portfolios and businesses to new heights. And whether you own a rental portfolio, have a few properties, are still looking to buy your first, or run an entire real estate business, these tools can help ANYONE with ANY skill set, no matter what you do or how long you’ve been doing it.  From automatically personalized video messages for prospects to a tool that will design your house for you and automations that make your team faster, many of these tools are free or cost FAR less than traditional methods. Now you can reach out to sellers, redesign a rental, and have tasks automatically assigned at the SAME time while you focus on building your business. In This Episode We Cover How AI (artificial intelligence) is changing the way real estate investors do deals How Mark from Boostly made six figures by sending this “personalized” video to prospects  The “scraper” tool that can save you dozens of hours by automatically grabbing property information  Remodeling and redesigning a rental in MINUTES (even if you have ZERO experience) What to do when/if AI takes over and how to set yourself apart from the “lazy” investors  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Catch Mark at BPCon 2023 Hear Mark’s Past Episode on Direct Bookings Brivity Cody REImagineHome Remodeled.ai Tavus BiggerPockets Podcast with Alex Hormozi Jesse Vasquez on Airbnb  Robuilt on ChatGPT Connect with Mark: Boostly Website Email for Prompt List   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-811 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom Brady is the GOAT (greatest of all time). But that makes his performance coach, Greg Harden, the GCOAT (greatest coach of all time). Greg has been coaching elite athletes like Tom Brady, Michael Phelps, and Desmond Howard, as well as top executives at some of the most well-known companies in the world. He knows what makes someone successful and, more importantly, what does not. But you’re probably thinking, “What do I have in common with Tom Brady?” Ask yourself a few questions. Do you want a better life? Do you want to win? Do you want to enjoy the time you’re not working? What could life be like without fearing the future? All of these questions are answered by Greg today, and they’re the same questions he’s been answering for decades to help top athletes reach their peak. In today’s show, Greg explains why giving 100%, 100% of the time is the ONLY option for success, how consistency beats skill, why you’re not changing (even though you want to), and how to turn your fear into an eternal fire that will make your life better than it’s ever been before. In This Episode We Cover: The mental secrets that only elite athletes know about How to let go and why your past baggage is self-sabotaging your life Controlling the controllables and how to stop letting life push you around  The real way to relax and why only the best of the best know how to turn off Why fear is more predictable than you think and how to turn anxiety and ego into fuel for your fire  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube What Tom Brady Can Teach Us About Real Estate Investing 5 Tactics to Overcome Fear and Start Investing NOW! Grab Greg’s New Book, “Stay Sane in an Insane World” Connect with Greg: Greg's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-810 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Just six years ago, Corey Kent was a broke college graduate, renting out half of a room to save money, eating the same meal every day of the week. His dream was to make a living as a musician without selling out. Now, most country music fans know Corey's name and his platinum record speaks for itself. But what you don’t know is that Corey fueled his music career thanks to a handful of properties he bought years ago. Corey’s side project real estate portfolio allowed him to launch his music career, make passive income when times got tough, and fall on his feet when the world was shut down. Corey was looking to invest in property at just seventeen years old, but when a bank turned him away, he had to change his entire mindset and learn the personal finance game from a very early age. After his grandfather taught him the do’s and don’ts of buying raw land, Corey slowly built his real estate portfolio. At this time, Corey was below the poverty line, sleeping in his truck and saving whatever money he could to invest. He continued to buy property, EVEN when times were tight, successfully using his passive income to help him leapfrog into later becoming a chart-topping musician who now can follow his one true passion.  In This Episode We Cover: Investing in real estate when you have low (or no) credit  Buying land and the rule of thumb that Corey ALWAYS follows before he invests  Corey’s “side project” passive real estate portfolio that helps pay for his lifestyle  How one rental property saved Corey’s family when the lockdowns began  Why real estate DOESN’T need to be your passion to build passive income  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube 12 Ways To Make Passive Income From Real Estate Investing The Risks and Rewards of Investing in Raw Land Is Raw Land the Most Underrated Asset of 2023? Connect with Corey: Corey's Facebook Corey's Instagram Corey's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-809 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing is about to get much, much easier. Up until now, buying a property has seemed like a guessing game. Your real estate agent, inspector, and title company do their best to ensure you’re buying the right home, but a few months, or weeks, into owning it, something breaks. But not something small—something huge. Now you’re on the hook for tens of thousands in repairs, and this is just one of many things that could go wrong. What if there was a way to see EXACTLY what a home has been through since it was built? What if you could know about every past owner, system malfunction, renovation, repair, or addition to the home? And what if you could access it in seconds when analyzing deals? Sheila Fejeran and Teresa Grobecker from Consortia are building the technology that lets you do just that. Consortia is real estate on the blockchain. But before you start thinking crypto, know that this is something MUCH different. Consortia gives interested parties—lenders, agents, buyers, and more—access to information you would have NEVER known about a home. But that’s not all. Consortia makes closing and lending quicker, so you can buy a house FAR faster than ever imagined. In This Episode We Cover: How the “CARFAX for properties” will make buying rentals painless The blockchain explained and how it will evolve the entire real estate industry Uncovering unknown property risks and how investors can use Consortia to buy even better deals Stopping wire fraud in its tracks and how blockchain could solve this HUGE payment problem Why you should NEVER, ever decline title insurance on a property purchase And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube 4 Reasons Cryptocurrencies & Blockchain Technology Are Poised to Transform Real Estate Learn More About Consortia Connect with Sheila and Teresa: Sheila's Facebook Sheila's Instagram Sheila's LinkedIn Teresa's Facebook Teresa's Instagram Teresa's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-808 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to grab the best real estate deals before the rest? The properties with motivated sellers, high-profit potential, equity upside, and BIG cash flow—the real estate deals that every investor dreams about getting. Well, what if we told you that top investors have a tried-and-true way to get them before anyone else and that they do this consistently, every day, every year, while ninety percent of investors are forced to buy their scraps? Of course, we’re talking about funnels. Not the cake you buy at the fair or the thing you use to pour oil—we’re talking about real estate marketing funnels, and if you know how to use them, you can make money at ANY TIME with ANY property. James Dainard and Sam Primm have been using marketing funnels for years to get off-market deals sent their way. But they’ve also used them to get agent business, find property buyers, and build investor lists. So how do they do it? Today you’ll get a masterclass on building your own investing funnel, so you can get the best deals sent to you instead of picking up low-profit on-market properties. This is the same system the TOP investors are using, and if you repeat the steps outlined today, you’ll be able to build a bigger portfolio, create more passive income, and reach financial freedom faster.  In This Episode We Cover: How to find more real estate deals, buyers, sellers, and investors in ANY market The #1 thing you MUST do when creating a real estate marketing funnel  Metrics and KPIs (key performance indicators) to track (so you don’t waste $$) TV ads, direct mail, cold calling, and other funnel sources you can use to grab deals What to do when your funnel is costing you money but not providing the leads you need And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts: BiggerPockets Apple Podcasts Spotify Hear Our Last Episode with James and Sam on Finding Off-Market Deals The 6-Step Funnel Needed to Find Unlimited Real Estate Deals Easy Button Leads PropStream Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Connect with James and Sam: James' BiggerPockets Profile James' Instagram James' Website Sam's BiggerPockets Profile Sam's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-807 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Small multifamily investing is one of the fastest ways to reach financial freedom through real estate. With just a few multifamily rental properties, you can create passive income streams that’ll allow you to retire from your W2 job, go full-time into real estate investing, or have enough money to do whatever you want, whenever you want. Don’t think it’s still possible? Dave Meyer, multifamily investor and VP of Data and Analytics at BiggerPockets, may change your mind.  Dave started investing in real estate by buying a couple of small multifamily rentals within a block of each other. He lived in one of the units while renting out the others, allowing him to live for free and collect some sizable cash flow. Now, years later, Dave is collecting around $5,000 per MONTH from just these two properties. And if you invest in small multifamily rentals, you could experience the same cash flow!  If you want to invest like the experts and use the tools and calculators from this episode, sign up for BiggerPockets Pro and use code “FAMILYPOD20” for a discount!  In This Episode We Cover: How to achieve financial freedom by investing in SMALL multifamily real estate The four MAJOR benefits small multifamily boasts and why you’ll want to get in NOW The financial freedom formula and calculating out how much you REALLY need Financing your small multifamily rentals using loans and creative financing  How to use the BiggerPockets Rental Property Calculator to calculate cash flow, cash-on-cash return, and long-term profit  The dangers you MUST look out for before investing in ANY multifamily deal  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rental Property Calculator Rent Estimator DealMachine ListSource Grab the Small Multifamily Slides and Worksheet: Slides Worksheet Already Pro? Check Out Pro Exclusive Videos! Sign Up for a BiggerPockets Bootcamp Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts: BiggerPockets Apple Podcasts Spotify Dave's BiggerPockets Profile Dave's Instagram Book Mentioned in the Show: Real Estate by the Numbers by J Scott & Dave Meyer The Multifamily Millionaire by Brandon Turner Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-1 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to invest in multimillion-dollar multifamily deals? You might think you don’t have what it takes to take down seven or even eight-figure real estate investments, but you’d probably be wrong. Today’s guests went from buying $99,000 rental properties to $11M multifamily apartment complexes while raising young children. So how do you scale from small to large multifamily and do it at a time when asset prices are so high, and competition remains fierce? David Greene is joined by Matt Faircloth, instructor of the BiggerPockets Multifamily Bootcamp and author of Raising Private Capital. If you’re an avid BiggerPockets listener, you’ve probably heard Matt before on our past multifamily episodes. Today, Matt brought two of his students, Breanne Weber and Denise Mayen, to touch on how they went from real estate rookies with a few flips and rentals to chasing $11M multifamily real estate deals.  Breanne and Denise walk through their steps to find, analyze, and raise capital for massive multifamily deals. From finding the right partners to building your team, splitting roles and responsibilities, and chasing deals that seem almost impossible, today’s episode is for ANYONE who wants to level up their real estate portfolio and get into bigger properties with better profits.  In This Episode We Cover: How to go from small to large multifamily investments and why you need to be “adding more zeros” Finding your perfect real estate partner and what they should have that you don’t  Raising private capital for your real estate deals and why it’s not as hard as you think The four real estate “superpowers” your team MUST possess to get big deals done Diving deep into the $11M, 104-unit deal Breanne and Denise got under contract When to walk away from a real estate deal and how to know it’s too much to handle  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Matt's BiggerPockets Profile Derosa Group Sign Up for a BiggerPockets Bootcamp Book Mentioned in the Show: Grab The Revised Edition of “Raising Private Capital” by Matt Faircloth Connect with Breanne & Denise: Breanne's BiggerPockets Profile Denise's BiggerPockets Profile Braid Capital Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-806 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Think every housing market is too expensive to buy in? Think again. We’re going over two of the country’s biggest cash flow housing markets and showing why they may be your next best bet when buying rental property. And while, traditionally, cash flow real estate markets have been associated with constant turnover, low appreciation, and consistent headaches, these two markets defy the odds—if you know where to buy. Peter Stewart, Indianapolis agent and investor, is on today to discuss why his underrated but surprisingly lucrative housing market deserves your dollars. He’s got clients doing BRRRRs, flips, and regular rental properties with crazy cash flow numbers and returns in the triple-digit percentages! Then we talk to Brandon Ribeiro, Philadelphia commercial agent who recently scored his buyer a rock-bottom mortgage rate (3%!) that will double the cash flow on his newest property. Interested in investing in markets like this? Need a local expert to guide you through the buying process? Check out BiggerPockets Agent Finder to connect with an expert agent in your area. It’s completely free, and you’ll get matched with experts who can talk about cash flow, not just granite countertops. In This Episode We Cover: Two cash flow real estate markets with strong signs for buyers  The market metrics you MUST look at before buying in ANY area  The “danger” of investing in cash flow areas and what you MUST avoid when doing so The 130% cash-on-cash return BRRRR that you can buy in THIS market  How to lock down a rock-bottom mortgage rate with seller-financing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Brandon & Peter: Brandon's BiggerPockets Profile Brandon's Instagram Brandon's Website Peter's BiggerPockets Profile Peter's Facebook Peter's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-805 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Support the relief efforts for the Maui wildfires by donating to the organizations below or clicking here. Together, we can make a difference for those affected by this tragic event:  HAWAI‘I COMMUNITY FOUNDATION: https://www.hawaiicommunityfoundation.org/maui-strong MAUI UNITED WAY: https://mauiunitedway.org/  MAUI FOOD BANK: https://mauifoodbank.org/  MAUI HUMANE SOCIETY: https://www.mauihumanesociety.org/  RED CROSS: https://www.redcross.org/local/hawaii.html  _____ Real estate investing isn’t what it used to be. Back in 2010, in a post-crash housing market, almost any property in any area could cash flow easily. Back then, the question wasn’t “Where are the deals?” It was “Which deal should I buy?” But things have changed, and now in 2023, homes are hard to purchase, let alone cash flow, and more and more real estate investors are giving up simply because they don’t know the new rules of the game. So, here’s what you NEED to know. Before we unlock every wealth-building secret in the book, let’s welcome back Danny Zapata, Philip Hernandez, and Wendy St. Clair, our recent mentees of the ninety-day mentorship! We brought them back on the show to talk about deals they’ve done, the progress they’ve made, and where they’ve fallen off track. One mentee left their job, another is handling headache evictions, and one had to put a pause on real estate. But now, they’re ALL ready to expand their empires, but they’ll need some advice first. In this episode, David and Rob show you how to get more real estate deals TODAY, why you’re doing meetups all wrong, the reality of cash flow and why “mailbox money” isn’t what it used to be, and what to do when you CAN’T find the momentum to keep growing your wealth. In This Episode We Cover How to find more real estate deals instantly (even in 2023!)  The “reverse escalator” of wealth and why most Americans are getting left behind What to do when you’ve lost momentum along your real estate journey Replacing your job with real estate and the smartest, cheapest way to buy home-run rental properties  Why you MUST sacrifice short-term cash flow for long-term wealth  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Attend a BiggerPockets Meetup BiggerPockets Podcast 708 BiggerPockets Podcast 719 BiggerPockets Podcast 726 BiggerPockets Podcast 738 Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth" Connect with Danny, Philip, And Wendy: Danny's BiggerPockets Profile Danny's Instagram Philip's BiggerPockets Profile Philip's Instagram Philip's Website Wendy's BiggerPockets Profile Wendy's Instagram    Recorded at Spotify Studios LA. Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-804 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to build a million-dollar real estate portfolio? We’ve got good news for you! You DON’T have to rush full-steam ahead, buying every property that crosses your path to reach financial freedom. That’s right, instead of buying dozens of units a year, you can buy a dozen units within a couple of decades, taking the slow, steady path to building wealth instead of ferociously racing to rack up as many rentals as possible. While it may sound like every real estate investor is constantly on a buying spree, this is far from the truth. Investors like Andy Gil have been able to build seven-figure real estate portfolios without sacrificing time with family or infringing on their morals to make more money. Far from it, actually; Andy is outwardly trying to make it easier for often neglected renters to find a safe place to stay. Through the past two decades, Andy has been building his rental property portfolio up to the twelve units it is today. He never thought he would be the person to buy a house, let alone own a rental portfolio. Still, thanks to his differences that make him a superhero in aspects most investors would dread, he’s built serious wealth without sacrificing what’s important. In this episode, you’ll hear precisely how Andy did it, his “T-Rex” policy that entices renters, outsourcing your weaknesses, and using your differences to build wealth. In This Episode We Cover: Andy’s “T-Rex” rental policy that leads to low vacancy and a steady stream of passive income Outsourcing your weaknesses and why you MUST know what you don’t do well Buying a “fractured condo association” and why Andy is all-in on this uncommon asset class Taking obstacles and turning them into opportunities along your investing journey How multifamily real estate investors can prepare for an upcoming wave of vacancies  Why unit count DOESN’T matter, but the wealth in those units does! And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube A Slow, Steady, and Sustainable Way to Buy Rentals The Ultimate Guide to Adding Systems & Outsourcing to Work Less in Real Estate Going Into Multifamily When You’re Fairly New to Real Estate Connect with Andy: Andy's BiggerPockets Profile Andy's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-803 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Codie Sanchez doesn’t believe in passive income but still makes millions of dollars a year with businesses that don’t require her input. To her, building businesses isn’t the “set it and forget it” dream that most investors think it will be, but it sure beats having a job. Codie has built her wealth by buying “boring” businesses that most people overlook. Car washes, laundromats, and self-storage are some of her portfolio favorites, and they could make you a killing too. So, what business should you buy? In today’s episode, Codie goes over the exact type of businesses real estate investors should be looking into, what to do before you even begin your search, and how to hire someone else to run the business so you don’t have to. But you might think, “I have no experience doing ANYTHING like this.” Thankfully, you don’t need to be a former CEO or investing expert to buy profitable boring businesses, but you need something almost everyone has. From there, Codie dives deep into the secret of “talent management” and how to keep great employees around while making them rich, plus the one partnership tip that could stop you from getting scammed and losing hundreds of thousands of dollars (this happened to Codie). Want to buy a business and leave your nine-to-five behind? Tune in! In This Episode We Cover: How to buy a “boring” business that will build wealth for you  The passive income scam and why the money you make comes with a cost Hiring out your business so you can spend time doing what you want The talent management “secret” and how to keep the best employees around for decades The businesses that real estate investors should look at buying  Codie’s rules of thumb that she follows when buying ANY type of business And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Real Estate Podcast 614 BiggerPockets Money Podcast 416 BiggerPockets Business Podcast 105 Buying and Growing a Small Business With Little to No Risk Books Mentioned in the Show: Winning by Tim Grover Connect with Codie: Contrarian Thinking Codie's Instagram Codie's LinkedIn Codie's Twitter Codie's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-802 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

No time or money to invest? You need a real estate partnership. What keeps almost every real estate rookie from investing is the fear that they’ll fail or that they don’t have enough to get started. But what if you could join forces with an experienced investor and learn the real estate investing game while gaining equity? Or, what if you’re busy making money from a high-paid job or business and don’t want to manage tenants, toilets, or trash? Well, there’s a good chance a partnership could take your passive income to the next level. To help unlock the world of real estate partnership, Ashley Kehr and Tony Robinson from the Real Estate Rookie podcast join us and give a glimpse into their new book, Real Estate Partnerships. In it, they talk about the four reasons why most investors need a partner, where to find the right person to invest with, the different types of partnerships (equity vs. debt), and red flags that you CAN’T ignore. Both Ashley and Tony have built multimillion-dollar real estate portfolios thanks to partnering up. So, if you’ve tried to go at it alone and aren’t having much luck building wealth, this may be your sign to start searching for a partner who will help you build your rental property portfolio! Grab your copy of Real Estate Partnerships and use code “PARTNER801” at checkout for an exclusive discount. In This Episode We Cover: The four signs that you NEED a partnership to succeed in real estate  The red flags to RUN away from if you see them in a potential partner  Debt partnerships vs. equity partnerships and how the wrong one could kill your deal The partnership agreement and why you MUST sign one before you start investing together  Where to find the perfect real estate partner (they’re closer than you think!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER801” at Checkout How to Use the DISC Profile to Communicate Effectively in Business Connect with Ashley & Tony: Ashley Kehr's BiggerPockets Profile Ashley's Instagram Real Estate Rookie Podcast Tony Robinson's BiggerPockets Profile Tony's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-801 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to be a millionaire? We sat down with Codie Sanchez, Alex and Leila Hormozi, Mikey Taylor, Cody Davis, Christian Osgood, and other multimillionaires and distilled their most critical investing, business, and entrepreneurship advice into one episode. But we couldn’t unleash all this wealth-building content on any old episode, so we packaged it up and made it into our episode 800 special! This time, we’re not just hearing from one successful guest but dozens of them as we get their take on the biggest mistakes, the worst wastes of money, the best advice they’ve ever received, and whether or not you’re too old (or young) to get rich. You’ll hear what’s holding them back today and the one thing they wished they had done earlier that would have made them millions more and saved thousands of hours. Stick around because this episode is a masterclass on making your first (or next) million from investors who are playing the game better than anyone else. Be sure to keep an eye on the BiggerPockets feed, as these full interviews will be released over the next few weeks!  In This Episode We Cover: What you should NEVER ignore if you’re building a rental portfolio or business Why focusing on making money while you’re young is a WASTE of time  The $3,000 purchase that Alex and Leila Hormozi wish they could take back Why you DON’T need money to make millions and an eight-figure mistake you CAN’T repeat Building your systems and processes NOW so you can relax while others work for you Shiny object syndrome and how it’s secretly making you broke  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Connect with The Guest: Alex Hormozi's Instagram Alex's Latest Episode Andrew Cushman's BiggerPockets Profile Andrew's Latest Episode Ashley Kehr's BiggerPockets Profile Ashley's Instagram Real Estate Rookie Podcast Christian Osgood BiggerPockets Profile Christian's Instagram Christian's Latest Episode Codie Sanchez' Instagram Codie's Latest Episode Cody Davis' Instagram Cody's Latest Episode Danny's (Mentee) BiggerPockets Profile Jason Lee's Instagram  Leila Hormozi's Instagram Leila's Latest Episode Mikey Taylor's Instagram Philip's (Mentee) BiggerPockets Profile Soli Cayetano's BiggerPockets Profile Soli's Instagram Tony Robinson's BiggerPockets Profile Tony's Instagram Wendy's (Mentee) BiggerPockets Profile Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-800 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

You can build a multifamily real estate portfolio without a ton of money, risk, or time. Cody Davis and Christian Osgood built their multimillion-dollar rental property portfolio in a matter of years, using strategies that ANYONE, no matter their experience level, can use. But, how they do things is a little unconventional and probably goes against everything top real estate investors have been telling you. While the world looked to lock down as much debt as possible during 2020-2021’s low mortgage rates, Cody and Christian sought something else. This dynamic investing duo wanted long-term debt on excellent properties that could be paid off quickly, enabling them to own their portfolio outright. This meant that Cody and Christian would have to sacrifice a substantial amount of cash flow, keep their spending low, and only buy the best properties out there. How Cody and Christian bought the properties is a strategy you most likely haven’t heard of before. It’s so ingenious that if you follow the same steps as Cody and Christian, you’ll be able to get THE best properties, at the best price, from a seller who WANTS you to make money off them. Doesn’t sound possible in such a cutthroat industry, does it? Stick around to learn the EXACT steps Cody and Christian took to build their low-risk, high-reward, eight-figure portfolio. In This Episode We Cover: How Cody and Christian built a 130-unit rental portfolio in just a few years The three simple steps to seller financing and why you NEVER ask if an owner is selling Working with realtors and how to turn on-market deals into off-market steals  Where to find seller-financed properties and owners that are most likely to sell Mortgage rates, bank loans, and how to choose your own terms on your next loan How to NEVER lose your wealth and why most investors are in for a rude awakening And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast 554 with Cody BiggerPockets Podcast 605 with Christian How Cody Davis Acquired 81 Units By The Time He Turned 21 The Definitive Guide to Using Seller Financing to Buy Real Estate Connect with Cody & Christian: Cody's Instagram Christian's Instagram Christian's BiggerPockets Profile YouTube Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-799 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Leila and Alex Hormozi are arguably the most popular business owners on the internet. After growing Gym Launch, one of their first major brands, and selling it for many millions, Leila and Alex knew that they had the secret sauce for building businesses. When someone asked them to use the same strategy for another brand, the idea of Acquisiton.com was born, and the seven, eight, and nine-figure wealth building began. Now, Leila and Alex are running Acqusition.com at a rate that most entrepreneurs couldn’t even fathom. Their monthly revenues alone blow most businesses’ yearly numbers out of the water. And they’re doing it all as husband and wife, with less bickering and a lot more business getting done. Almost every wannabe entrepreneur wants what Leila and Alex have, so what’s their blueprint to success? In this episode, Leila and Alex break down how they’ve built their nine-figure businesses, the secret to scaling your brand and making millions, the do’s and don’ts of working with your spouse, and Alex’s new book, $100M Leads. This is a masterclass in running your business the RIGHT way, and if you want to build multimillion-dollar wealth, you CANNOT miss this episode. In This Episode We Cover: Leila and Alex’s business blueprint and the exact way they build their brands  The secret to scaling and why it’s SO hard to hire the right people  Leila and Alex’s surprisingly simple investing advice that the wealthy follow Working with your spouse and when you should (and shouldn’t) invite your partner to work with you Who you should hire FIRST when building your small business  The eight ways to build eight-figure revenue streams for your business  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Previous Interview with Alex Sign Up for the “$100M Leads” Live Virtual Event Leila on How to go from $0 to MILLIONAIRE Books Mentioned in the Show $100M Offers by Alex Hormozi Connect with Alex: Alex's Instagram Alex's LinkedIn Alex's Twitter Alex's Website Connect with Leila: Leila's Instagram Leila's LinkedIn Leila's Twitter Leila's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-798 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people take YEARS to buy their first rental property, but most people aren’t Jenni Vega. Instead of waiting, Jenni bought seven rentals in just three years, with almost unbelievable cash flow on each using what she calls the “golden triangle” method of investing. With this simple framework, Jenni was able to buy undervalued properties in cities that most investors don’t even have on their radar. The properties are cheaper, the profits are bigger, and if you copy Jenni’s method, you, too, can build a six-figure side income stream in just a few years. Surprisingly, Jenni still keeps her day job as a Cutco closing gift saleswoman. In fact, it’s what got her into real estate. After working with dozens of realtors a week, Jenni learned about buy and hold rental property investing. It didn’t take long before she bought her first property in an area most investors would avoid. But, thanks to careful planning and intentional investing, Jenni turned this cheap property into a $50K/year revenue stream. And that was just the start. Now, breaking all the “real estate rules,” Jenni is out to prove that almost any property can become a profitable vacation rental. Whether she’s adding game rooms, "redneck mini golf" courses, or cowboy pools, Jenni has turned lackluster properties into top-performing short-term rentals. If you follow her advice, you can do it too! In This Episode We Cover: The “golden triangle” method that ensures your rental will always be full Breaking the “real estate rules” and why boring locations bring in BIG cash flow Quitting your nine-to-five and why keeping your active income stream may be a better idea Unique amenities that will make your vacation rental stand out in a saturated market  The short-term rental listing tip that could give you a boost in bookings  How to invest in short-term rentals in 2023 (and what to avoid before you start)  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Tony's BiggerPockets Profile Tony's Instagram Tony's YouTube Hear Tony on the “Real Estate Rookie” Podcast Subscribe to the “Real Estate Rookie” YouTube Channel Learn About Tony’s Recent Deal Gone Wrong Books Mentioned in the Show HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader and Jennice Doty Connect with Jenni: Jenni's BiggerPockets Profile Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-797 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve got 2024 housing market predictions coming up in this episode. But don’t worry, David and Rob haven’t put their careers on the line to try and guess where home prices will be next year. Instead, we brought the expert panel from On the Market to give their best real estate predictions so David and Rob remain safe in the eyes of our darling listeners. Dave Meyer, host of On the Market and BiggerPockets VP of Data and Analytics, recaps the 2023 housing market and tells us what (and where) to look for as the year’s second half begins. Dave and the expert investor panel will review everything that happened over the past six months in real estate. From home prices correcting and failing to crash to inventory falling back down to historic lows, days on market dwindling, and the “lock-in effect” for homeowners, the 2023 housing market turned out to be nothing we would have expected. But is there hope for rental property owners and real estate investors? To answer that, our guests will give their mortgage rate, recession, and home price predictions. But that’s not all. They’ll also uncover some of the most underrated real estate markets across the nation, all showing strong signs of growth and huge profit potential. Get in before the masses do, and for more up-to-date real estate data, check out On the Market!  In This Episode We Cover: The housing market correction explained and why we never had the crash so many predicted  Inventory updates and why homeowners are too “locked-in” to sell their homes Mortgage rate predictions and where we could see rates end up in 2024  Home price forecasts and why one expert guest still thinks we’ll see sizable price jumps Three “under the radar” real estate markets that you’ve (probably) never heard of  The #1 place to live in the US that has homes for half the US average!  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Listen to The “On The Market” Podcast Wherever You Listen to Podcasts: BiggerPockets Apple Podcasts Spotify Subscribe to the “On the Market” YouTube Channel The BIG Economic Implications of US Bank Failures w/Mark Zandi NW Arkansas Skyline Reports Connect with Dave, Kathy, Henry, & James: Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Henry's Website James' BiggerPockets Profile James' Instagram James' Website Kathy's BiggerPockets Profile Kathy's Instagram Kathy's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-796 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rental properties and early retirement go together like peanut butter and jelly. If you want to leave your nine-to-five behind, make six figures, and have ultimate time freedom, real estate investing may be your best bet. But, with so many influencers constantly pushing “more doors,” it seems like real estate is becoming a death race to retirement, not something that grants total financial freedom. If you want to ACTUALLY retire early, with fewer headaches, and a lot of passive income, Chad “Coach” Carson is who you should listen to. For the past year, Chad and his family have been living abroad in Spain. He’s taken time to learn Spanish, lounge around, and have a siesta while his rental properties create his passive income. The best part? Chad spends two hours (yes, TWO) a week running his rental property portfolio. But Chad didn’t need to build a real estate portfolio of a billion units to accomplish his goal of ultimate time flexibility. Instead, he built a “small and mighty” portfolio. In today’s episode, Chad walks through how to build a rental property portfolio that will help you reach financial freedom without owning hundreds of units. He also uncovers why debt and leverage aren’t always the best option and why you should pay off your properties before they’re due! You can learn more about Chad’s exact strategy in his new book, “The Small and Mighty Real Estate Investor.” Use promo code “SMALL795” for a special discount! In This Episode We Cover: How to retire early with rental properties and only work two hours per week When to take profits and when to reinvest in your portfolio Delayed gratification and why you SHOULD take “mini-retirements” on the road to financial freedom The five most commonly believed myths about building a real estate portfolio  Paying off your rentals early and the double benefit of being debt-free And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Podcast Ep 84 BiggerPockets Podcast Ep 141 BiggerPockets Podcast Ep 293 Real Estate Rookie Podcast Ep 306 BiggerPockets Money Podcast Ep 19 Books Mentioned in the Show BRRRR by David Greene Long-Distance Real Estate Investing by David Greene Pick up your copy of “The Small and Mighty Real Estate Investor” and use code “SMALL795” Connect with Chad: Chad's BiggerPockets Profile Chad's Podcast Chad's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-795 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is your market worth buying in? With the economy on shaky footing, now ISN’T the time to guess. And once you find your investing area, how do you ensure your rental property will profit? Even in 2023, when cash flow is low, and home prices are high, it doesn’t take long to determine whether a rental is worth your money (or time). And, if you’re still trying to get your FIRST real estate deal, odds are you’re probably spending HOURS finding deals and crunching numbers. So let’s speed up the process.  In this webinar bonus, Dave Meyer, BiggerPockets VP of Data and Analytics and On the Market host, will walk through EXACTLY how to analyze a rental property in minutes, the tools he uses to calculate cash flow, cash on cash return, and more, and how to know whether or not a real estate market is worth investing in. With mortgage rates rising and affordability at historic lows, Dave was STILL able to find a property that produced positive cash flow. So, if Dave can find a deal like this, why can’t you? Stick around to learn how to calculate rental property profits in MINUTES and which markets are worth the money.  Ready to invest? Sign up for BiggerPockets Pro and use code “DEALANALYSIS” for 20% off an annual membership!  In This Episode We Cover: How to analyze a real estate deal in any market, even if you have NO experience  The 2023 housing market and whether or not now is the right time to invest Running a live deal analysis with the BiggerPockets Rental Property Calculator  Picking your real estate market and signs of one you should invest in  The EASIEST way to analyze deals and grow your rental portfolio faster  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Dave’s BiggerPockets Profile Dave’s Instagram Rental Property Calculator  On the Market Podcast How to analyze a rental property Book Mentioned in the Show Real Estate by Numbers by Dave Meyer Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-1 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Creative finance is a home-buying hack that most people don’t know about. If you know what it is and how to use it, you can pick up properties for only a hundred dollars, build your rental portfolio faster than ever, and reach financial freedom in mere years. And in 2023, when the housing market is still hot, and home prices have barely cooled off, creative finance could be the solution to no cash flow and overpriced deals. But before you creatively finance your next rental property, you’ll need to know which strategy to use and when to use it.  Jenn and Joe Delle Fave used creative finance to move from snowy Upstate New York to sunny Florida after escaping soul-crushing work. Jenn, a former teacher, loved her career, and the time she spent with her kids. But Joe was stuck at the car dealership, working late into the night, sacrificing family time to make more money. He knew he needed a way out but didn’t want to give up the financial security of a W2. Everything changed when he had the “light bulb” moment to try creative finance. Now, Jenn and Joe have run a full-time investing business, picking up pristine properties using strategies like seller financing, subject to, or wrap mortgages. They’ve acquired properties for very little down in some of the most competitive neighborhoods in the country, growing wealth WITH the time freedom they desired. Jenn and Joe give invaluable advice on which strategies work for which seller, the easiest way to get leads sent to you, and how you build wealth with real estate faster.  In This Episode We Cover: The EASIEST way to get dozens of off-market properties sent to you EVERY DAY The best creative financing strategies and when to use each Wrap mortgages explained and taking advantage of someone else’s low mortgage rate  Time freedom and the “golden handcuffs” that stop you from accomplishing your dreams The one thing you should ask EVERY seller before you buy a property  Investing with a spouse and the benefits of building a business together And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Recent Episode with Creative Finance Master, Pace Morby What Is Creative Financing And How To Use It In Real Estate Connect with Jenn & Joe: Jenn's BiggerPockets Profile Jenn Instagram Joe Instagram Jenn & Joe's Facebook Group Jenn & Joe's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-794 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Don’t know how to analyze a rental property? After this episode, you’ll be a rental property analysis pro, knowing exactly how much money you’ll make on your first, second, or next real estate investment. But don’t worry; you won’t need any complex formulas, dense spreadsheets, or complicated math to calculate how much cash flow you’ll collect from your real estate deal. Instead, you can use the EXACT methods we show to analyze investment properties in minutes, EVEN if you’re a real estate rookie! Wait? Did David and Rob morph into the queen of upstate real estate, Ashley Kehr, and short-term rental/skincare expert, Tony Robinson? Fortunately, David and Rob are safe and sound, and in this episode, Ashley and Tony from the Real Estate Rookie podcast will teach you EXACTLY how to analyze real estate deals in 2023. From long-term to short-term rentals, BRRRR properties, and choosing your real estate market, Ashley and Tony will go through everything you need to ensure your first or next real estate deal is a home run. Our hosts will go step-by-step through analyzing a real estate investing market, signs of one you should invest in, building your “buy box,” analyzing a long-term, short-term, and BRRRR investment property, and how the 2023 housing market has changed. If you’re still waiting to get a rental property under contract, this is the place to start! In This Episode We Cover: How to analyze a rental property, short-term rental, or BRRRR investment from scratch  2023 housing market updates and what you MUST know before buying  Using the BiggerPockets rental property calculators to analyze properties in minutes Where to find insurance prices, property taxes, and other KEY variables  The three things you MUST know before analyzing an Airbnb or vacation rental  Financing your real estate deal and rental property loans you can use to purchase an investment property!  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram BiggerPockets Calculators Used in This Episode: Rental Property BRRRR Rent Estimator Tune into The “Real Estate Rookie” Podcast: Podcast YouTube Grab Tony’s Short-Term Rental Calculator BrightInvestor NeighborhoodScout Policygenius PriceLabs Propstream Investor Shout-Outs: Amy Mahjoory Lattes and Leases Zosia Madden (Rookie Ep 301) Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-793 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to start a business? One that will help you reach financial freedom, find purpose, and give you more opportunity to spend time with your family? Those are the reasons why almost all of us get into real estate investing, and while having a couple of rentals may not sound like a business to you, running your portfolio like a business will have immeasurable effects on your life. But first, you’ll need to know how the pros build businesses. Gary Harper, esteemed business coach, went from a rental property investor shooing away copper thieves to Fortune 500 executive and now teaches other entrepreneurs how to do the same. He knows what it takes to build a successful business, why so many entrepreneurs fail, and how to delegate and eliminate tasks to build a business you enjoy running. Sounds like a dream, right? In this special edition of Seeing Greene, David and Rob will take listener questions on starting a business, building a rental property portfolio, real estate partnerships, and what parents should do when entering the high-stress world of entrepreneurship. You’ll also hear why being fixated on profit could be a BIG mistake. All that and more are coming up in this episode! In This Episode We Cover: Going from employee to entrepreneur and what to focus on when building a business Scaling a busy business and how to start outsourcing and automating tasks you don’t want to do The “coaches” you can’t trust and signs that a mentor ACTUALLY has experience  Real estate partnerships and one of the biggest mistakes you can make when buying a property together  The work-life balance lie and what you should be focusing on instead How parents can balance raising kids and building a real estate portfolio And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube 15 Things Every Newbie Needs to Know About Starting a Business Work-Life Balance Is a Lie — Here’s How to Really Stress Less Grab a Free Leadership Lesson from Gary Connect with Sharper: Sharper's Facebook Sharper's Instagram Sharper's YouTube  Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-792 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know EXACTLY how to wholesale real estate in 2023? If so, you’re in luck. Today, you’ll get a sneak peek of Jamil Damji’s newest book, How to Wholesale Real Estate. In it, investing expert and On the Market co-host Jamil Damji walks through exactly how to start wholesaling houses, even if you have no money or experience. But it’s not just about collecting checks from work you’ve done yourself; Jamil also teaches how to build a scalable business so you can focus on living life, not flipping contracts. Want to pick up How to Wholesale Real Estate and other BiggerPockets best-selling audiobooks for 50% off? Head to https://www.biggerpockets.com/audiobooks to get your next BiggerPockets audiobook for half the price. Hurry! This sale ONLY lasts 24 hours! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Jamil On the “On the Market” Podcast Book Mentioned in the Show: How to Wholesale Real Estate by Jamil Damji Wealth without Cash by Pace Morby BRRRR by David Greene Connect with Jamil: Jamil's BiggerPockets Podcast Jamil's Facebook Jamil's Instagram Jamil's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-792-5 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nate Shields and Troy Zimmerman had a straightforward goal: get to one hundred rental units in ten years. Now, near the halfway mark, Nate and Troy have made almost unbelievable progress in a real estate market most investors perceive as radioactive. With overpriced properties everywhere you look, out-of-whack cash flow, and high mortgage rates, will good deals ever come back? Thankfully for Nate and Troy, finding a deal was never the assignment; making a deal was. After going through difficult partnerships in the past, Nate and Troy were hesitant to hop in the game together. But after years of getting to know each other’s strengths and weaknesses, it was only natural for them to tackle big deals together instead of small deals apart. Now, with forty rental units under their belt, they’re well on their way to hitting their hundred-unit goal. But this wouldn’t have worked out if they hadn’t made one special phone call. In this episode, Nate and Troy will review their most recent acquisition, a fourteen-unit apartment complex with tricky financing in northwest Alabama. They’ll also share how calling one desperate listing agent unlocked a deal flow that brought dozens of units directly to them. If you’re struggling to invest in today’s demanding market and don’t think there are any deals worth the effort, this episode could change everything for you. In This Episode We Cover: The “desperate” real estate deals that NOBODY is looking at (and where to find them) Real estate partnerships and why investing together beats going at it alone  Exit strategies and the BIG mistake most partnerships make when getting started  Why you might be just one phone call away from the best real estate deal of your life Seller financing and how to use it to lower your loan costs and get a tricky deal done Raising private capital and who you should (and shouldn’t) accept money from  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Are You an Agent? Work with Nate to Get More Leads! Partnerships: What to Do Before You Jump in With Another Investor Connect with Nate & Troy: Nate's BiggerPockets Profile Nate's Instagram Troy's BiggerPockets Profile Troy's Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-791 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want a zero percent interest rate and a paid-off seven-figure property? What about a quick fix and flip that’ll net you six figures in profits? Or, maybe buy an office and make nearly half a million dollars while having your own workplace? It’s 2023, and the housing market has turned most real estate investors off. Everyone thinks that deals are impossible to find, but funnily enough, we keep hearing stories about real estate investors making massive profits while residential buyers cower in fear. So, where can you find these deals? We’ve brought back Kim Meredith-Hampton and Victor Steffen from the Tampa/St. Petersburg, Florida, area and the Dallas-Fort Worth, Texas, markets, respectively. Plus, Matthew Nicklin from southern seller’s market, Atlanta, Georgia, joins us as we review real deals from all three markets to show you that no matter the housing market cycle, you can STILL make money in real estate (even in 2023!) We’ll go over six individual deals, from turnkey medium-term rentals selling at zero percent mortgage rates (with seller financing) to easy, instant cash flow deals with perfect tenants in place. But maybe you’re not a buy and hold investor. If so, a couple of flip deals are brought on to show that six-figure profit potential still exists for the right properties. And, we’ll deep dive into one of the agent’s commercial real estate deals that made nearly half a million dollars in equity alone! In This Episode We Cover: Three hot southern housing markets where you can still find real estate deals  Signs of a stable market and why you want to see faster home sales  Seller financing and how to use it to score a rock-bottom mortgage rate on your next rental  How to use private lending to make a killing without getting your hands dirty on a deal “Office hacking” and turning unused space into cash flow and HUGE equity gains  Paying off your property faster and why having little-to-no cash flow may be worth an earlier retirement  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube BiggerPockets Articles on Atlanta BiggerPockets Articles on Dallas BiggerPockets Articles on Tampa Connect with Kim, Matthew, & Victor: Kim's BiggerPockets Profile Kim's Website Matthew's BiggerPockets Profile Matthew's Website Victor's BiggerPockets Profile Victor's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-790 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate deals are hard to come by in 2023. But, there are still a few overlooked rental markets that most investors aren’t aware of. In times like this, with investors ready to pounce on almost any property and other assets vastly underperforming real estate, you’ll need to think differently if you want to get ahead. Long gone are the days of buying any property in any market and expecting instant cash flow. Now, you’ve got to think like an expert investor and start Seeing Greene! David is back with another Seeing Greene episode as we touch on how investors can find deals in 2023, which markets are worth looking into, why low cash flow isn’t such a bad thing, and how to decide between buying a single-family or a multifamily rental. We’ve also got some trickier-than-usual questions this time, as a seventeen-year-old wants to know where he should invest a $100K inheritance. We’ll also get into the nitty gritty of paying off loans vs. refinancing, where to find distressed properties, and what to do when natural disasters threaten your rental business. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Emerging real estate markets that most investors overlook  Low cash flow and whether a rental is worth buying if it only profits a few hundred dollars a month How to spend a $100K inheritance and why real estate ISN’T the best choice  BRRRR deals and how to find distressed properties that have huge equity potential  Hard and private money loans, interest-only payments, and when to pay off your debt  Single-family homes vs. multifamily and which makes the most money with the lowest down payment  Natural disasters and whether or not it’s worth it to invest in dangerous areas  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Try the BiggerPockets Rent Estimator on Your Next Property Seeing Greene Episode 762 Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth" Books Mentioned in the Show Buy, Rehab, Rent, Refinance, Repeat by David Greene Set for Life by Scott Trench Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-789 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lamon Woods used an ingenious rental property strategy to go from one house to over one hundred rentals in a small market without using almost any cash. This strategy is so brilliant that most real estate investors assume it doesn’t exist or they can’t use it in their rental property portfolio. Lamon luckily stumbled upon this way to invest, and now, he’s growing his real estate portfolio at a pace unfathomable to most landlords. But Lamon didn’t start as some rental property investing expert. He was making a low income, working a job he had no passion for, and looking for any avenue that could help make him more money. When his wife suggested that they buy the house they were currently renting, Lamon put up a fight but eventually went along with the plan. It wasn’t until he moved out and rented his first home that the real estate investing lightbulb went off. From there, Lamon realized how quickly passive income could replace his paycheck. So, he made it his goal to buy one house a year. The plan was working, but then Lamon realized he could purchase homes without using his own money. In fact, Lamon could take the properties he already owned and use them to grow his rental property portfolio even faster. Now with over one hundred units to his name, Lamon wants to teach other investors (like you) how to do the same! In This Episode We Cover: Lamon’s “infinite return” financing method that’ll let you buy properties with NO money down “Cross collateralization” and how to use properties you already own to build your rental property portfolio Knowing your real estate market and why over-improving will kill your cash flow  Replacing your paycheck with passive income and going from renter to landlord  Getting around your lender's seasoning period and how to use your equity WITHOUT having to wait  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Henry's BiggerPockets Profile Henry's Instagram How to Use Home Equity to Buy Rentals 5 Reasons to Utilize Your Equity & How to Safely Invest It How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!) Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth" Connect with Lamon: Lamon's BiggerPockets Lamon's Instagram   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-788 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brandon Turner achieved financial independence in his late 20s. For most people, this would be the end of working, investing, or trying to better themselves. But for Brandon, this was only the start. Now a decade later, Brandon is managing close to one billion dollars in real estate, running numerous companies, and dedicating his efforts to eradicating human trafficking while simultaneously setting millions of Americans financially free. Brandon has, in almost every way, won the game of life, and he has five crucial tips to share with us today. Back in the Sea Shed are long-time co-hosts Brandon and David as they travel back in time and revisit the five most important lessons learned on this podcast. These lessons aren’t just crucial in achieving financial independence. When taken to heart and implemented correctly, they will allow you to level up your life, relationships, friendships, and businesses. They will also set you apart from the 99% of people who want success but refuse to go out and get it. From lessons about spilled sewage to podcast recordings gone wrong, designing the life you want to live, and taking ownership when everything starts falling apart, this is an episode you cannot afford to miss. If you want to achieve financial freedom, start living your dream life, and live a life like Brandon, you’ll have to tune in. In This Episode We Cover: The five most important lessons for financial freedom and building a better life Knowing what you want (and going after it) even when fear takes over Pushing past resistance and why pros show up while amateurs sleep in The “crystal clear criteria” that makes buying real estate easier than ever before Building your “vivid vision” and designing a life that you would love to live  Thinking five steps ahead and how future-planning will make you rich  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David BiggerPockets Podcast 447 with Cameron Herald (Vivid Vision) BiggerPockets Podcast 443 with Jim Kwik BiggerPockets Podcast 365 with Jocko Willink BiggerPockets Podcast 457 with Patrick Bet-David BiggerPockets Podcast 217 with Perry Marshall BiggerPockets Podcast 461 with Steven Pressfield Books Mentioned in the Show: The Intention Journal by Brandon Turner  Multifamily Millionaire Volume I by Brandon Turner & Brian Murray The One Thing by Gary Keller Connect with Brandon: Brandon's BiggerPockets Profile Brandon's Instagram Brandon's Podcast Brandon's TikTok Brandon's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-787 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brandon Turner is back! That’s right, live from the Sea Shed are your beloved BiggerPockets hosts, Brandon and David! Can you feel the bromance brewing through your speakers, or is it just us? David flew out to attend one of Brandon’s recent events and conduct a two-part interview with one of the most popular property investors on the planet! And boy, oh boy, has Brandon been busy! In this episode, David puts Brandon in the hot seat, going through a fire round of top-asked questions to get Brandon’s input on not just real estate but life. You’ll hear Brandon talk about housing market crash prophecies and whether or not he thinks they’ll come true, the struggles he’s facing with today’s intense competition, an unflattering tattoo that may or may not be part of a bet gone wrong, and why humiliation is one of the BEST ways to get you in the zone to WIN. But that’s not all; you’ll hear about how Brandon used social media to build his entire real estate business, why NOW is the time to lock down good debt (and invest!), and why you need to STOP trying to survive and start looking to thrive! Tune in as we take a nostalgic walk down metaphor lane with Brandon and David! In This Episode We Cover: Finding financial freedom and why the everyday struggle to survive is NOT enough Investing in 2023 and whether or not the housing market could be headed for a crash Using social media to raise private capital, find employees, and grow your business Facing humiliation and transforming negative emotions into the fire that propels you forward Why you can’t buy happiness, but you CAN buy an “environment” that makes you happy  An update on Brandon’s bet with InvestorGirlBritt over who will get an embarrassing new tattoo  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David BiggerPokets Real Estate Podcast 92 with Brandon BiggerPockets Real Estate Podcast 365 with Jocko Willink BiggerPockets Real Estate Podcast 401 with Jordan Harbinger Books Mentioned in the Show: Brandon’s Collection BRRRR by David Greene  Set for Life by Scott Trench Connect with Brandon: Brandon's BiggerPockets Profile Brandon's Instagram Brandon's Podcast Brandon's TikTok Brandon's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-786 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make over a million dollars a year? Real estate may be the best way to get there. Just follow the same steps Dean Rogers took. In just a decade, Dean went from making $65,000 per year to over a million dollars; but the payoff wasn’t instantaneous. After being put in a position that most people would kill to be in, Dean left behind a seven-figure salary, glitz, glamor, fame, and a childhood dream to do something that fulfilled him. He had to start over entirely while his peers made more money than most of us could imagine. Dean took over a ninety-percent pay cut just to enter the tireless, W2 working world that he thought he would excel in. After realizing that hard work and continuous overachieving gets you nothing but a meager pay raise, he knew he had to go in another direction. He stumbled upon a real estate podcast, started investing with no money (seriously!), and grew a small side hustle into a full-on business that pays him as much as only professional athletes make. Dean’s story goes from riches to rags to riches again as he left his dangerous yet high-paying career to live paycheck to paycheck doing something that he knew would pay off Now, he rakes in more money in one year than most Americans make in a decade, controlling his own life, putting his health and family first, and helping new investors, like you, along the way. Want to make your millions? Tune in!  In This Episode We Cover: How Dean does over 100 real estate deals per year and profits seven figures Walking away from a high salary when you know that the career isn’t worth the cash Investing with no money and how to do your first deal without ANY experience Why you should always make this ONE phone call before partnering with anyone Losing six figures on bad deals and red flags that you should look out for Building your “friends with benefits” that all build wealth together And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Become a Millionaire Through Rental Properties How to Get Your First Deal—An Episode For New Investors Why NFL Players Are Buying Real Estate During the Recession Connect with Dean: Dean's BiggerPockets Profile Dean's Instagram Dean's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-785 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve built a sizable rental property portfolio; now, it’s time to relax. You book a trip to the beach, get on your swimsuit, and are about to head out the door, but then, your tenant calls you. “The toilet is leaking,” “I lost my keys,” “The oven just went out.” Instead of enjoying your vacation, you’re spending hours looking up plumbers, locksmiths, and electricians. You’re juggling phone calls while trying to enjoy your time off. Wasn’t real estate investing supposed to be passive? This is the scenario that most landlords are living in. And it only gets worse the more homes you buy and the more money you make. But, there is a way never to pick up another tenant phone call again while giving your renters the best experience imaginable. All you have to do is build a system like Pasha Maleknia did. Pasha went from 218 tenant phone calls a year to only one by creating and tweaking this passive income system. In today’s episode, he’ll provide the exact steps so you can do it too. Pasha’s system isn’t complex, and most of it can be built for free. There’s no expensive software or complicated formulas to create this rental portfolio system. If you have some time to set aside from your day, you can build something like this in a matter of hours. So, are you ready to trade tenant phone calls for more trips to the beach? If so, stick around! Grab Pasha’s system spreadsheet template here. In This Episode We Cover: The five-step system to turn a nightmare rental portfolio into truly passive income Why you DON’T need to spend a lot of money or time building a rental systems Finding your “why” behind real estate investing and financial freedom How Henry Washington saved over twenty hours immediately by implementing one super simple system The two things you need to build any system quickly and cheaply And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Grab Pasha’s System Spreadsheet Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify Apple Podcasts BiggerPockets Henry's BiggerPockets Profile Henry's Instagram Henry's Website Hear Our Full Interview with Pasha 4 Ways Systems Make Landlording Easier, Simpler & More Profitable Connect with Pasha: Pasha's BiggerPockets Profile Pasha's Instagram Pasha's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-784 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 3: Struggling to buy in this expensive housing market? In part three of our home buying hacks series with Chris Hutchins (from All the Hacks), you’ll learn why down payments AREN’T as big as you think, why working with a mortgage broker may be the best move to make, what lenders want to see before they pre-approve you, and home insurance tips to make sure you’re protected during a disaster.  In This Episode We Cover: Debt-to-income requirements and what lenders want to see when you apply for a loan Using a mortgage broker vs. a direct lender (and which will get you a better rate) Home insurance 101 and how to protect your property for less money  The math behind buying a house (and why it beats renting in the long run)  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Pick Up Some of David Greene’s Best Selling Books Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Past BiggerPockets Podcast Episodes Mentioned: How to Start with $10K House Hacking Tax Benefits Hear Chris on The "BiggerPockets Money" Podcast “All the Hacks” Episodes Mentioned: Insurance Net Fulfillment Over Net Worth Tune Into the “All the Hacks” Podcast Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth" Connect with Chris Chris email Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-783-3 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 2: Knowledge is power, and this is even more true when buying a primary residence or investment property. In part two of our home buying hacks series, we’re back with Chris Hutchins from All the Hacks, as we touch on how to negotiate with a seller, what to look for in a listing, signs that you could score a killer deal, inspections, and the myriad of ways you can get out of a contract IF a home isn’t what you thought. Before you dive headfirst into real estate, tune in for some ESSENTIAL due diligence tips. In This Episode We Cover: Negotiation tactics elite realtors use and why you must know what a “win” is  Getting ahead in a hot housing market and signs of a desperate seller/agent  Home inspections and using yours to get seller credits or to walk away from a bad deal Quick wins you can use at closing for a few hundred (or thousand) dollars in savings  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Pick Up Some of David Greene’s Best Selling Books Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Past BiggerPockets Podcast Episodes Mentioned: How to Start with $10K House Hacking Tax Benefits Hear Chris on The "BiggerPockets Money" Podcast “All the Hacks” Episodes Mentioned: Insurance Net Fulfillment Over Net Worth Tune Into the “All the Hacks” Podcast Connect with Chris Chris email Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-783-2 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices