Episodes
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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
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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 [email protected].
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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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 [email protected].
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