Эпизоды
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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
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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
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Пропущенные эпизоды?
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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
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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 [email protected] 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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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 [email protected].
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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
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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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].
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 [email protected].
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 [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].
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 [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices - Показать больше
