BiggerPockets Real Estate Podcast

You want cash flow, but how do you get it in a housing market with high rates and home prices but low inventory? Or, how do you escape the rent cycle and get into real estate investing? Should you buy your first rental before a primary residence? And what financial position do you need to be in to leap into homeownership? When starting your real estate investing journey, questions like these seem to have no end. That’s why we’ve got David Greene, experienced investor, agent, broker, and author, to help guide you to the answers.

Welcome back to another Seeing Greene, where your tips, flips, and financial freedom-finding host, David, is here to help you build wealth through real estate investing. We’ve got questions from investors, renters, and homeowners trying to take their first step into the rental property investing world. First, we talk about tenant-friendly states and how house hacking can allow you to dodge many of these harsh landlord laws. Next, we hit on some HELOC (home equity line of credit) questions about when to pay off a HELOC and whether using one to buy a rental is a good idea. Finally, David talks about growing your financial foundation and how to systematize your business, so you AREN’T working sixteen-hour days. All that and more, coming up!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

Tenant-friendly states and whether they’re still worth investing in 

How to find “quick” cash flow in today’s real estate market 

When (and when NOT) to use a HELOC to fund your down payment 

Buying a primary residence vs. rental property and building your financial foundation 

When to pay off a line of credit and recycling the funds to buy more rentals 

Systems you MUST put into place to free up time, do bigger deals, and get more done 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

3 Real Winning Deals in 2023 (and Where You Can Find Them!)

Need Lending? Contact David’s Brokerage

Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"

Books Mentioned in the Show:

SCALE by David Greene

SOLD by David Greene

SKILL by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-750

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Your DoorDash driver may be the world's next real estate mogul. If you ever had Josh Janus drop off food at your house, you may have been in the middle of him getting a deal done. That's right; between picking up and delivering food, Josh was cold-calling sellers, sourcing as many off-market real estate deals as possible. This type of serial side hustling led Josh to acquire $1,500,000 in real estate at age twenty-two, making $50,000 per month and building a business most entrepreneurs could only dream of.

From a young age, Josh was already the king of multiple income streams. He was making duct tape wallets on the bus, flipping shoes online, and doing whatever he could to save more money. When he found BiggerPockets, he realized that real estate was the way to propel his dollars even further, allowing him to have money work for him instead of the other way around. So, Josh set out building a "hybrid wholesaling" model. He would contact off-market sellers, send their information to an agent, and get paid for his side of the deal.

Once Josh got his real estate license, he started hustling even harder, selling $17,000,000 of real estate as an agent, making more in a month than many Americans make in a year. So what was Josh's quick key to success? How did he do all this in his early twenties without any experience? And how can you repeat the same system to skyrocket your wealth? Stick around; Josh will tell you how to do it too!

 In This Episode We Cover:

The "hybrid wholesale" model Josh uses to make serious commissions on off-market deals

Side hustles, alternative income streams, and how to make more money in your free time

Cold calling tips and getting your first off-market deal under contract (even with NO experience)

How to use the BiggerPockets forums to get more deals, network with more investors, and build wealth 

Mistakes you should avoid when hunting for your own off-market real estate deals

Josh's nearly perfect BRRRR and the right way to do a deal that needs a renovation/rehab

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Hear Our Interview with Couch-Flipper Turned Investor, Ryan Pineda

Build Your Off-Market List with PropStream

Books Mentioned in the Show:

Long-Distance Real Estate Investing by David Greene

SCALE by David Greene

Connect with Josh:

Josh's BiggerPockets Profile

Josh's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-749

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

A preschool teacher turned rental property millionaire!? You wouldn’t believe it at first. How could someone like Anne Curry go from making five dollars per hour to bringing in five figures’ worth of rent checks every month? While it didn’t happen overnight, Anne’s story is one that’s repeatable by almost everyone, no matter where you’re starting financially, how much education you have, or your background.

Anne was never destined to be rich. She grew up in a household of non-profit workers, teachers, and those that expected to give more than they got. So when Anne married her husband, a social worker, she knew their chance of owning a home, let alone several, was slim to none. But, her fire for financial freedom and generational wealth never stopped burning, and as soon as she could purchase her first property, she made the jump that changed the course of her life.

Now, as an affordable housing landlord with hundreds of units, Anne is on a mission to not only build wealth but help others follow her same path. She went from having very little money to an astonishingly large real estate portfolio simply by asking questions, offering help, and having a tenacious attitude to build up others, not just her bank account. She explains how ANY landlord can get into affordable housing, the massive benefits that this type of investing offers, and the common myths most people get wrong about section 8 and guaranteed rent.

 In This Episode We Cover:

Affordable housing myths and why most landlords are wrong about section 8 tenants

How to find affordable housing deals and the HUGE grants local governments offer

Scaling into multifamily and how to connect with those that have affordable housing deals

Finding a mentor, asking questions, and why you MUST be willing to learn before you invest

The new BRRRR method that’ll let you level up your wealth while owning your home

Types of affordable housing and who to talk to if you want to convert your rental to section 8 housing

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Killer Cash Flow with This “Tenant-First” Section 8 Rental Strategy

Why I’m Investing in Affordable Housing for the Long Haul

The Pros and Cons of Accepting Section 8 Housing

What is the BRRRR Method?

Connect with Anne:

Anne's Instagram

Anne's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-748

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Want to buy rental properties while the market is down? If you didn’t already know, you could be sitting on the perfect funding source found right under your own feet. But with today’s mortgage rates still double what they were last year, is taking out any of your equity a mistake, or could this be the opportunity of a lifetime to scoop up some sweet real estate deals at a stellar price? We’ve got our expert investor, lender, broker, and ship-metaphor-making host, David Greene, to give you his wealth-building secrets.

Welcome back to another Seeing Greene, where we take questions live from BiggerPockets listeners on how you can retire early with real estate, build a business you love, and create generational wealth. This time, we’ve got questions on how to use home equity to buy more property, then we debate cash flow vs. appreciation and which is a better bang for your buck. We’ll also compare commercial vs. residential real estate and explain how these two seemingly similar assets operate VERY differently. And finally, David gives his favorite news sources on where to learn about the economy, the housing market, inflation, and every other variable that’ll help you make intelligent investing decisions!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

• Refinancing vs. selling and what to do with high equity but high mortgage rates
• Appreciation vs. cash flow and why bad neighborhoods are NOT for rental property investing
• Residential vs. commercial real estate and why it gets tricky when funding bigger deals
• Bitcoin as an alternative to cash and why the rich are still investing in a downturn 
• Portfolio architecture and how to buy rentals that build wealth (not just cash flow)
• Where to learn about economic trends, data, and the housing market 
• Paying off debt vs. investing in real estate (and which to do first) 
• And So Much More!

• Find an Investor-Friendly Real Estate Agent
• BiggerPockets Youtube Channel
• BiggerPockets Forums
• BiggerPockets Pro Membership
• BiggerPockets Bookstore
• BiggerPockets Bootcamps
• BiggerPockets Podcast
• BiggerPockets Merch
• BPCON2023
• Listen to All Your Favorite BiggerPockets Podcasts in One Place
• Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
• Get More Deals Done with The BiggerPockets Investing Tools
• Find a BiggerPockets Real Estate Meetup in Your Area
• David's BiggerPockets Profile
• David's Instagram
• David’s YouTube Channel
• Work with David
• Network with Other Investors at a BiggerPockets Meetup
• Cash Flow vs. Appreciation
• Portfolio Architecture 101
• The Patrick Bet-David Podcast
• Sign Up for David’s Newsletter, ‘Behind the Shine”

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-747

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake built a rental property portfolio that brings in over $200,000 a year in rent and provides Jakes with a full-time salary’s worth of passive income. But Jake wouldn’t have done any of it if it weren’t for his family—specifically his brother.

Jake’s older brother has been his “why” for as long as he can remember. He broke through barriers and was able to achieve what most thought impossible of someone with autism. This gave Jake the confidence to go after goals that others told him weren’t achievable. And now, after three years, a lot of work, and some serious goals, Jake has a real estate portfolio that would have taken most investors decades to build. But it didn’t come without its struggles.

From financing blunders to pipes bursting and flooded basements, this episode will open you up to the realities of building a sizable rental portfolio. But, if you’re willing to take risks like Jake, pivot when possible, and build a team of investing experts, you too could replace your W2 income with real estate profits in just a few years!

 In This Episode We Cover:

How to build a sizable real estate portfolio in three years or less

Knowing your “why” behind investing and why you NEED one to be successful

How to save up for a down payment and why side jobs are a MUST when building wealth

Live-in BRRRRs and capitalizing on equity to build your portfolio even faster 

Investing out of state and why balancing cash flow with appreciation is a must

The “snowball” method that Jake used to buy properties faster than most investors

What to do when no one will finance your loan and why you should always have a great relationship with your banker

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Network with Other Investors at a BiggerPockets Meetup

Book Mentioned in the Show:

Buy, Rehab, Rent, Refinance, Repeat by David Greene

Investing in Real Estate with No (and Low) Money Down by Brandon Turner

SCALE by David Greene

Connect with Jake:

Jake's BiggerPockets Profile

Jake's Instagram

Jake's Facebook

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-746

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

There is an almost fool-proof way to invest in real estate in 2023. It requires very little money down, no experience in investing, and can be used over and over and over again to build millions of dollars in real estate wealth. The strategy? House hacking! Real estate millionaires agree that this strategy is the BEST way to get started investing and can help launch you to the next level of financial freedom. You DON’T need a ton of time or money to house hack, and doing so could set you up for life.

And if you think our empire-building hosts, David Greene, Henry Washington, and Rob Abasolo, aren’t spitting facts, think again. All three of these investors started house hacking and credit it as the greatest move they made to build wealth. But how does house hacking work, and if it’s such a smart move to make, why isn’t everyone doing it? In essence, house hacking allows you to monetize your living space. So, you get paid to have a mortgage instead of paying a mortgage. This could mean renting out your spare bedrooms, Airbnb-ing your mother-in-law suite, or buying a duplex and renting out the other side.

And during a time when mortgage rates are higher than many of us have seen before and housing affordability is at an all-time low, house hacking can become your savior of savings, helping you keep more money every month. This compounded savings allows you to buy even more real estate, build your dream portfolio faster, and retire earlier than you thought. So, if you’re ready to invest in real estate, don’t sleep on house hacking! 

In This Episode We Cover:

House hacking explained and why it’s the EASIEST real estate investing strategy of 2023

Investing in real estate with no and low money down and why house hacking is the perfect starter option

The different ways to house hack, from buying a duplex to renting out rooms

How to find and analyze your house hack to ensure it’s paying for itself

The best housing markets for house hacking and why you DON’T need to cash flow

The house hack stack and the secret to building a multi-million dollar portfolio over just a few years

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Henry's BiggerPockets Profile

Henry's Instagram

Try the BiggerPockets Real Estate Calculators on Your Next Deal

How to Start a Real Estate Portfolio with Just $10K

Books Mentioned in the Show:

The House Hacking Strategy by Craig Curelop

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-745

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

What’s the key to escaping the rat race in 2023? Do you need a rental property LLC for every property, or can you put multiple in one? And how do you create cash flow when housing prices are so high? For the everyday real estate investor, it can seem like profitable rental properties are getting harder and harder to find, and financial independence is slowly slipping away. And while many would give up on their pursuit for early retirement, time freedom, and autonomy over their schedule, we’re here to give you the knowledge you need to hit your wildest investing goals in 2023.

We’re back with another Seeing Greene, where your agent, investor, broker, and system-building savant, David Greene, answers your real estate investing questions on the spot! In this episode, we’ll touch on rental property LLCs and how many properties to put in each one, what to do when home prices are high, and cash flow is low, the “new build BRRRR” that could create crazy equity gains, and a smarter way to shop for landlord insurance. All that (and much more) is coming up, so stick around!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

Where to buy your next rental property and how to create cash flow

Setting up your rental property LLCs and how many you’ll really need

The build, rent, refinance and repeat BRRRR strategy that could produce massive equity

Why bigger is better and the reason you should ALWAYS shop for rentals with more rooms

How to provide value to your mentor (even if you don’t have real estate experience)

Landlord insurance and when a commercial policy trumps individual coverage

Building systems for your real estate business and a practical way to start systemizing TODAY

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Top 10 Real Estate Markets for Cash Flow in 2023

The BiggerPockets Guide to Landlord Insurance

Sign Up for David’s 2023 Scottsdale Goal Setting Retreat

Book Mentioned in the Show:

SOLD by David Greene

SKILL by David Greene

SCALE by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-744

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

The BRRRR method is one of the most celebrated, highly-effective real estate investing strategies the world has ever known. Never heard of it? BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat” and is a simple framework to allow any real estate investor, no matter their skill level, to get into real estate investing for no money at the end of the deal. This down payment recycling system allows you to use the same amount of cash to build a real estate portfolio that’ll expand to infinity. And for a while, the BRRRR method was yet to be bested—until now.

Janice Stitzer may have cracked the code. As a house-hacking California native, Janice was pushed out of the golden state right before the last crash when housing prices were high, cash flow was low, and traffic was at a standstill. She and her husband decided to boost their quality of life by relocating to Colorado, where they started a construction company and a BRRRR-ing empire. Then in 2008, when lending screeched to a halt, her BRRRRs died down. But some years later, a new idea hatched—the BRRRR 2.0.

Using this simple strategy, Janice got a brand new short-term rental that cash flows like crazy, all while gaining $200K in equity before her first guest checked in. This repeatable system can be used by almost anyone and doesn’t require much experience. With just five properties, this “BRRRR 2.0” investing style could make you a millionaire. But you won’t know how it works if you don’t tune in! So, stick around!

In This Episode We Cover:

The BRRRR 2.0 method and how it unlocks MASSIVE amounts of equity 

House hacking in expensive markets and the lowering your cost of living (even in LA)

The BRRRR strategy explained and why it’s still one of the most profitable ways to invest

The five things to look for when developing land or investing in new construction 

Why you NEED a great general contractor at your side ANY time you plan on building 

Short-term rental investing and why the cash flow beats consistent long-term rentals 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

How to Succeed in Real Estate Investing Using the BRRRR Method

14 Questions to Ask Before You Hire a General Contractor

4 Vital Points to Consider BEFORE Getting Into New Construction

Book Mentioned in the Show:

Buy, Rehab, Rent, Refinance, Repeat by David Greene

Connect with Janice:

Janice's Instagram

Janice's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-743

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Financial freedom is the goal we’re all after. Whether you want to replace your nine-to-five income, retire your spouse or family members, spend more time with your loved ones, or just have enough money to travel the world, reaching financial independence is truly the American dream. And the wisest, most stable way to find financial freedom? Real estate investing! For generations, rental property investing has been the foundation of many millionaires’ portfolios, and you can repeat their path with four simple steps.

To give you the complete rundown on the four steps to financial freedom, we’ve got Dave Meyer, VP of Data and Analytics and host of On the Market, on the show. Dave embodies the financially-free life most people dream of. He lives abroad, chooses to work, and eats copious amounts of sandwiches every day. But what most people don’t see is the decade of hard work and dedication that Dave put in to get up to this point. 

Dave will explain exactly how to calculate the passive income you need to find financial freedom, where to start investing in real estate, how to analyze a real estate deal from scratch, and the one tool that EVERY investor can use to build a rental property portfolio faster.

If you want to become a real estate pro in 2023, sign up for BiggerPockets Pro and use code “ANALYSIS20” for a special discount. 

In This Episode We Cover

How to achieve financial freedom through real estate in 2023 

Calculating your FI number and setting the RIGHT type of real estate goals

Picking your real estate market and metrics you MUST use when researching 

Finding real estate deals and the LAPS funnel professional investors use to find perfect properties

How to analyze a real estate deal in minutes using the BiggerPockets rental property calculator 

Cash flow vs. appreciation and which you should pick when deciding on your investment strategy 

And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-742

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

The golden age of cash flow real estate investing could be over as we know it. For the past decade and a half, landlords got used to buying standard homes that made a killing in cash flow. Combine that with exponentially appreciating home prices, and anyone who purchased a property in the past ten years looks like an investing oracle. But now, the tide is starting to turn, and rookie real estate investors are struggling to find any house in almost any market that can cash flow. So what happened, and why has the nation’s cash-flowing real estate suddenly disappeared? 

Welcome back to another Seeing Greene, where your “don’t just go for cash flow” host, David Greene, is back to drop some real estate knowledge for ANY level of investor. In this episode, we get into why it’s so challenging to find real estate deals that cash flow in 2023, when to invest in an appreciation vs. cash flow market, and whether or not to sell a property that isn’t profitable. Then, we switch gears and touch on how to vet a private lender you met online and whether or not an out-of-state rental rehab project is too risky for a brand-new real estate investor. 

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

The “Golden Age” of cash flow and why it might finally be over in 2023

How to pivot when you can’t find a “deal” in today’s housing market

Cash flow vs. appreciation markets and which makes for a better long-term bet

What to do when your rental property isn’t profitable and how to know it’s worth selling

Vetting private money lenders and why you should NEVER send money to one

Out-of-state renovations and rehabs and why rookie real estate investors should stay clear of them

Delayed gratification and why it’s the true path to building wealth 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Cash Flow vs. Appreciation

Ability to Delay Gratification Predicts Wealth, Health & Success

Book Mentioned in the Show:

Long-Distance Real Estate Investing by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-741

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

SVB’s (Silicon Valley Bank) collapse has more to do with the housing market than you think. With bank runs becoming contagious, Americans in fear of economic turmoil, and a recession now closer on the horizon, assets like real estate could be affected in ways that most everyday Americans don’t realize. But, to understand what could happen to home prices and the US economy, we’ll need to explain the entire situation.

Back on as expert guests, J Scott, multi-decade investor, and Scott Trench, CEO of BiggerPockets, are here to share their takes on the SVB’s meltdown. More importantly, they explain the events leading up to this bank collapse, how the pandemic created fuel for this future fire, and whether SVB’s collapse could cause a chain reaction that leads to more bank failures, harder economic times, and, surprisingly, higher mortgage rates. 

J and Scott debate whether or not more small banks are at risk, what could happen to HELOCs (home equity lines of credit), mortgages, and other financing options, and whether or not real estate will go down with the ship as our economic situation goes from bad to worse. And, if you’ve been saving up for your next investment property, stick around as J and Scott walk through how real estate investors should be using their money in troubling times like today.

In This Episode We Cover:

SVB’s collapse explained and how it could drag us into a deeper recession 

The effects on real estate and whether or not prices will drop as a result

Mortgage rate predictions and the Fed’s shaky decision to raise or halt rates 

HELOCs (home equity lines of credit), mortgages, and other property financing options that could be in danger 

Whether or not we’re in a recession, and if we aren’t, when the recession could hit

Investing in real estate in 2023 and the moves you MUST make to protect your investment 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Watch J’s First Interview with BiggerPockets

How Did A $200B+ Bank Collapse In 48 Hours? Is Real Estate Going To Be Impacted?

Books Mentioned in the Show:

Recession-Proof Real Estate Investing, Flipping, and More by J Scott

Connect with Scott & J:

J's BiggerPockets Profile

J's Website

Scott's BiggerPockets Profile

Scott's Instagram

Hear Scott on the BiggerPockets Money Podcast

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-bonus-svb

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Eric Quinn turned $500 into over forty rental properties without rich relatives, a winning lottery ticket, or a magic genie. Like many investors after the 2008 crash, Eric was left flat broke, with an unbelievably high adjustable mortgage rate, hundreds of thousands in credit card debt, and just a few hundred dollars to his name. His “bed,” a pile of clothes in an empty apartment, was the one thing that could comfort him while digging himself out of the housing market hole he fell into.

Now, Eric’s life looks a little different. With dozens of cash-flowing rental units, even Eric questions how he got here. His story includes selling snakes, dealing drugs, storage wars, terrible real estate deals, and bad debt, but at the end of it, thanks to making the perfect pivot, he came out on top. He made almost every real estate investing mistake in the book, from buying a property he knew nothing about to purchasing fifteen rental properties in one month (don’t do this) and taking risks that were never worth the reward.

But Eric isn’t here to cry over spilled milk. Instead, he’s here to share EXACTLY how he made it out of a horrible situation and turned his life around to build wealth, have time freedom, and live without worrying. You might be feeling a bit like Eric did, and if you want to know the mistakes you should avoid and the moves you should make to get in a better position, tune into today’s episode!

In This Episode We Cover:

How to build wealth when starting from ZERO (or in SERIOUS credit card debt)

Storage wars and making thousands flipping items found at auctions

The HUGE cash flow of sober living facilities and why they beat regular rental properties

Becoming a real estate agent and why you HAVE to go all in if you want to make more money

Purchasing portfolios and the big mistake Eric made that cost him hundreds of thousands

Property inspections and why you NEVER use a residential inspector on a commercial property

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Henry's BiggerPockets Profile

Henry's Instagram

How to Start a Sober Living Home

22 Doors After “Starting from Negative”

Property Inspections—Why They’re Vitally Important & How to Get the Most Out of Yours

Book Mentioned in the Show:

The Gap and The Gain by Dan Sullivan

Who Not How by Dan Sullivan 

Connect with Eric:

Eric's Instagram

Eric's Facebook

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-740

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

The way you manage your multifamily real estate could be the defining factor when growing a bigger portfolio, reaching financial freedom, and leaving a lasting legacy. The “DIY management” style works for most real estate investors until they build a significant stack of multifamily properties. Then, the toilet calls, tenant complaints, and late rent checks get a little exhausting when you’re now taking care of dozens of tenants, not just two or three. So, what’s the right way to scale with multifamily real estate without losing your hair?

We’ve brought back multifamily investing experts Andrew Cushman and Matt Faircloth to explain how new multifamily investors can start to scale by making some strategic hires. Both of these battle-tested investing experts have dealt with their fair share of flaky property managers, late maintenance technicians, and asset managers who care more about a paycheck than building a profitable portfolio. They know exactly what does (and doesn’t) make a good hire and how you can start scaling quicker by outsourcing work you once thought crucial for an owner to do.

Andrew and Matt break down the difference between a property manager and an asset manager and explain why these roles are commonly confused. They also hit on how essential operations are at a time when cap rates are starting to expand and many buyers have fled the market. Finally, they’ll walk through the exact skills you should be looking for in an asset manager, property manager, leasing agent, and maintenance supervisor, so you can focus on growing your portfolio, NOT handling the day-to-day hiccups. 

In This Episode We Cover:

Asset management vs. property management and how these two separate roles create investing synergy 

The changing multifamily market and how “buying a deal” isn’t as easy as it was before

What small multifamily investors can do NOW to build the road to a bigger portfolio 

Hiring a property manager and the twenty-seven questions you MUST ask them before you bring them into your team 

Attitude over skills and how to find the rockstars that want to build your real estate portfolio

Incentivizing success and making sure your workers are paid for increasing value and cash flow 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

What Is a Real Estate Investment Asset Manager?

Get your free copy of the 27 Questions You should ask a Property Manager

Book Mentioned in the Show:

Raising Private Capital by Matt Faircloth

Connect with Matt and Andrew:

Andrew's BiggerPockets Profile

Andrew's LinkedIn

Vantage Point Acquisitions

Matt's BiggerPockets Profile

Matt's Instagram

DeRosa Group

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-739

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

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

Building a real estate portfolio in 2023 isn’t as easy as it used to be. Without the free-flowing deal flow of the past decade, real estate investors need to try more intelligent strategies to snag properties that can help them reach financial freedom. To help them hit their goals, expert investors David Greene and Rob Abasolo have been coaching a small group of real estate mentees on their journey to build a robust property portfolio. Over the past three episodes, we’ve seen them build their buy boxes, decide on markets, formulate offers, and level up their investor skills. At the end of this ninety-day journey, our mentees have made some profound revelations.

We start with Philip, who’s been struggling to find a worthwhile campground to get under contract. He’s been able to wrangle in a deal, but it comes with “hairy” circumstances that could allow him more bargaining power when negotiating with the seller. Next, Wendy is back on her hunt for a house hack. After viewing potential properties in the Las Vegas area, she’s had to pivot her investing strategy to tackle something that comes with lower costs. And finally, Danny joins us to talk about two “offensive” offers he made and the “pickle jar” method that investors should know about before negotiating with a seller.

All of the mentees have made MASSIVE strides in their real estate investing journeys, but what comes next is entirely up to them. Stick around to hear how they got ahead of the game, what made the most significant difference in their property searches, and how they’re gearing up to tackle even bigger deals throughout 2023!

In This Episode We Cover:

Negotiating with a seller and what to do when hidden costs pop up during your due diligence

Networking with other investors and the MASSIVE benefit that comes with it

House hacking, medium-term rentals, and what to do when struggling to find cash flow

Pivoting your rental property strategy and why you should NEVER make an offer unless the numbers make sense

Making “offensive” offers and why lowballing isn’t always such a bad thing

Building your “buy box” and keeping it flexible enough, so you’re still able to get properties under contract

Analysis paralysis, outsourcing, and what will stop you from making it in real estate

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob’s BiggerPockets Profile

Rob’s YouTube

Rob’s Instagram

Rob’s TikTok

Rob’s Twitter

BiggerPockets Podcast 708 Part 1

BiggerPockets Podcast 719 Part 2

BiggerPockets Podcast 726 Part 3

Connect with Our Mentees:

Danny's BiggerPockets

Danny's Instagram

Philip's BiggerPockets

Philip's Instagram

Philip's Website

Wendy's BiggerPockets

Wendy's Instagram

Wendy's LinkedIn

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-738

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

The 2023 housing correction could be the PERFECT time to invest in real estate. Don’t believe us? Maybe you’ll be more convinced by Dave Meyer, VP of Data and Analytics at BiggerPockets and real estate investor who got his start right after the 2008 housing market crash. For a fresh-out-of-college Dave, this was one of the scariest purchases he could have ever made. Right off of the Great Recession, no one knew which way the housing market would head, but because Dave took an educated, data-backed risk, he’s been rewarded handsomely with passive income.

And if you’re like most new real estate investors, you want to find financial freedom and spend more time doing what you love while building wealth in the background. Now, with skittish sellers and high mortgage rates scaring away many would-be-homebuyers, you can pick up real estate deals that could propel your wealth forward for years to come. And in this webinar, Dave will show you EXACTLY how to find, analyze, and finance your real estate deals. He’ll also dive deep into the data behind today’s housing market and prove why now may be one of the BEST times to buy real estate in years.

Now is YOUR time to start building wealth. Don’t sit on the sidelines while others are reaching financial freedom. Become a BiggerPockets Pro member and get access to exclusive rental property calculators, lease templates, property management software, and access to bootcamps that will take your knowledge to the next level. Sign up for BiggerPockets Pro and use code “INVEST23” for 20% off and a special gift from Dave! 

In This Episode We Cover:

How to find financial freedom in ANY housing market (even in 2023!)

The housing market correction that could be a BIG OPPORTUNITY for buyers

Whether or not buying in today’s housing market is a smart move to make

Mortgage rate fears and how to combat a high monthly payment with seller concessions

Strategies that work in today’s real estate market and the five ways to profit with real estate

How to analyze a rental property investment with the BiggerPockets calculators

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Dave's BiggerPockets Profile

Dave's Instagram

Hear Dave on the “On the Market” Podcast

Subscribe to the “On The Market” YouTube Channel

BiggerPockets Rental Property Calculator

Estimate Rent Easily with the BiggerPockets Rent Estimator

Join BiggerPockets Pro and Use Code “INVEST23” for 20% off and a special gift from Dave

Books Mentioned in the Show

Real Estate by Numbers by Dave Meyer and J Scott

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-bonus-housing-crash

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Lewis Howes has made a career taking the insights of millionaires and masters of crafts and turning them into digestible, actionable steps that everyday Americans can use to achieve their dreams. He’s talked to investing moguls, sports icons, mindset authorities, and everyone in between. Through doing this, he’s become an expert on building the mental landscape that makes you successful, accountable, and ready to make meaningful action in the world. He knows what it takes to build wealth, get rich, and start eight-figure businesses. And he also understands why you may not be ready to achieve your wildest dreams.

Lewis Howes knows most people aren’t ready to get rich. It’s not because they aren’t smart or savvy enough at investing. It’s because there’s something missing deep down—something they didn’t even know about. And Lewis has real-world experience with this struggle. He was flat broke only fifteen years ago, sleeping on his sister’s couch, watching his dreams of becoming a professional athlete slip away. He even got caught by his first mentor stealing food after a speaking event when he didn’t have enough money to eat.

Fast forward to today, and Lewis is a best-selling author, owner of a multi-million dollar business, and gets paid more in an hour than most Americans make in a year. So what changed? What steps did Lewis take to accomplish this unbelievable feat, and what can YOU do to repeat the same system that led Lewis to greatness? All that (and more) in this episode! 

In This Episode We Cover:

How Lewis Howes went from flat broke to multi-millionaire 

Why you’re NOT READY to get rich (and what you can do to change that)

The importance of getting a coach and why tenaciously leveling up your skills is crucial to success

Breaking out of rock bottom and how to build wealth when starting from zero

The three steps to greatness that will help you achieve any dream 

The one skill Lewis says you MUST have in today’s modern world 

Pushing past fear and how judgment stops so many from fulfilling their destiny 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob’s BiggerPockets Profile

Rob’s YouTube

Rob’s Instagram

Rob’s TikTok

Rob’s Twitter

BiggerPockets Podcast 405 with Lewis Howes

How Can You Achieve a Mindset for Investing Success?

Mastering These 2 Skills Is Critical to Success in Real Estate Investing

4 Key Ways to Build Wealth in Real Estate

Book Mentioned in the Show

The Greatness Mindset by Lewis Howes

Connect with Lewis:

Lewis' Instagram

Lewis' LinkedIn

Lewis' Podcast

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-737

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

In this month’s BiggerNews, the mortgage rate rollercoaster continues, ChatGPT tries to take your job, Facebook tells investors to get lost, and David discusses his love-hate relationship with Jack in the Box. That’s right, we’ve crammed in all the most important news for real estate investors, including AI realtors, dangerous fast food options, and why buyers and sellers keep pushing down hard on both pedals. David Greene and Dave Meyer will go down the real estate rabbit hole, discussing the most important headlines affecting today’s housing market.

Welcome back to BiggerNews, where we touch on the facts, data, and everything else affecting real estate investing. This time, the Dave duo hits on why mortgage rates shot down earlier this year and what’s causing them to rise again, plus what this will do to buyers and sellers who are waiting to get into the market. Then, we’ll hear how the BRRRR method could be in danger as new mortgage rules make a cash-out refinance far harder than before. Ever thought, “We need more artificially conscious investors.” If so, you’re in luck! We’ll touch on how ChatGPT could allow an influx of sub-par investors to enter the market.

And if you’ve been waiting for a revival of Craigslist, stick around. New rules that Meta (Facebook) announced recently may deal a blow to real estate sellers on the popular platform. Finally, David and Dave will give their take on Biden’s new “Renters Bill of Rights,” which could create more protections for renters but with the side effect of rent control for landlords. All these stories could have SERIOUS impacts on the housing market. Whether you’re an investor, realtor, renter, or homeowner, this is news you need to know about!

In This Episode We Cover:

Mortgage rate updates and what’s causing the interest rate volatility affecting investors

New cash-out refinance rules that could make the BRRRR method even more challenging 

Why Meta is cutting support for real estate sellers (and what this means for off-market investors)

The Biden Administration’s new renter bill that could create housing markets dead zones for investing 

Chat GPT’s opportunity for investors and how it could harm those that are running the best real estate businesses 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Dave's BiggerPockets Profile

Dave's Instagram

Hear Dave on the “On the Market” Podcast

Subscribe to the “On The Market” YouTube Channel

2023 Mortgage Rate Outlook: Could Rates Drop?

Biden’s “Renters Bill of Rights” Is Here — Is Nationwide Rent Control Coming?

How to Succeed in Real Estate Investing Using the BRRRR Method

Why Rent Control Doesn’t Work - Freakonomics

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-736

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Which rental property “deal-breakers” could kill your cash flow? When is the right time to stop saving and start investing? And what should you do once you’ve hit your passive income goals? These are all questions that everyday real estate investors like you are asking, and on this episode of Seeing Greene, David will provide all the answers you need. So whether you’re just getting started, questioning when to invest, or ready to retire early but don’t want to regret the decision, this is the episode for you!

David Greene, your expert investor, agent, broker, and podcast host, can help you reach your wealth-building goals faster than ever. This time, David outlines the three pillars of saving and investing and how following this simple guideline can stop you from losing all your wealth in one fell swoop. Next, we debate whether or not paying off a rental property makes sense in today’s unstable interest rate environment and how inflation is making real estate investing more challenging than ever before. Finally, we touch on rental property “deal-breakers” and what your agent should tell you before you buy a deal.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

Saving vs. investing and when it’s time to pull the trigger on a rental property

The three pillars of money management and why you ALWAYS need emergency reserves

Paying off your rental property and what to do with six figures in yearly cash flow

Inflation, rising prices, and how intelligent investing protects you against an environment of easy money

Unpermitted renovations and whether or not a deal is worth it with one

Real estate agent red flags and what to do if your agent isn’t looking out for your best interest

Negotiating through agents and how to get your point across when talking through middlemen

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

BiggerPockets Podcast 674 with Ashley Hamilton

BiggerPockets Podcast 353 with Tim Rhode

BiggerPockets Podcast 717

Should I Pay Off My Mortgage Or Invest In Another Property?

Book Mentioned in the Show

Long-Distance Real Estate Investing by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-735

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

There are a few real estate investing red flags that an investor should ALWAYS look out for. If you don’t, you could end up in the same situation as David Pere, who just finished off a four-year lawsuit after a seller tried to get rid of a deal that wasn’t even worth the dough. But David wasn’t a rookie when this happened. This was David’s third deal after having multiple units under his belt. And even though he was able to walk away from the lawsuit, the downsides, years of stress, and wasted opportunity is what he wants to make sure you DON’T repeat. 

This deal didn’t look fishy at the start, but as soon as closing came, difficulties started to crawl out of every nook and cranny of this property. Made-up leases? David’s got them! Weirdly intertwined relationships between sellers and property managers? It’s there too! Repairs that never got made? You bet! And this isn’t even the worst of the deal gone wrong. The story gets even more unbelievable, fraudulent, and downright confusing as David spills the tea.

But this isn’t a pity party. All while this lawsuit was happening, David has been scaling his rental property portfolio, reaching financial freedom, and still doing the best he could to build wealth. This story is NOT meant to scare you off from investing but to show you that any deal, no matter how bad it gets, can be a learning lesson that allows you to reach your goals even faster!  

In This Episode We Cover:

The “more doors” trap and why scaling bigger isn’t always the best move

Lease options explained and why a seller would risk signing one 

Mixed use real estate and the multiple streams of income that come from one property 

Why you should ALWAYS get your team into a deal before you sign the contract 

Red flags David missed that you should ALWAYS look out for when buying a new property

Taking a seller to court and what to do if you find out there’s fraud in your deal 

Why savvy buyers (and sellers) always document EVERYTHING said in a negotiation 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob’s BiggerPockets Profile

Rob’s YouTube

Rob’s Instagram

Rob’s TikTok

Rob’s Twitter

Case Notes

The 6 Best Ways to Minimize Your Chances of a Lawsuit

3 Strategies for Using a Lease Option to Invest in Real Estate Creatively

Investing in Mixed Use Commercial Property

Book Mentioned in the Show

The No B.S. Guide to Military Life by David Pere (For FREE!)

Connect with David Pere:

David' BiggerPockets Profile

David's Instagram

David's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-734

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

The housing market is heating up as homebuyer season comes back in full swing. For the past few months, most real estate investors have assumed that high interest rates and low inventory would stop first-time homebuyers from making offers on houses. But, most of us assumed wrong. At the start of this year, demand started picking back up, causing investors to pivot to get offers in quickly. So, if you’ve been waiting to buy your first or next deal, now may be the perfect time to start analyzing properties, sending in offers, and getting your property portfolio started. But you can’t do it without an elite agent!

We brought in three of the nation’s top agents to tell us what’s happening in their markets, what types of deals they’re doing, and how you can make the most off your next purchase. We first welcome back Dahlia Khalaf from ASN Realty in Tulsa, Oklahoma. She’s recently helped a client get into a “double dip deal” that resulted in tens of thousands in profit on a deal that almost any beginner investor could do. But they had to get creative to find it! Next, we bring back Rob Chevez from Washington, D.C., who’s worked out an interestingly debt-ridden real estate deal to help his investor client pull in some SERIOUS cash flow from short-term renting.

And lastly, who could forget about our own David Greene? He’s California’s favorite real estate agent, and his team has been using the house hacking strategy to help first-time homebuyers subsidize a SIGNIFICANT portion of their mortgage. Even better? This deal required no money down and allowed his clients to lock in a low mortgage rate and a low cost of living while in one of America’s most expensive cities, San Diego.

If you want a home run deal like any of the ones discussed on today’s show, head to BiggerPockets’ Agent Finder to find an elite investor-friendly agent in your area. 

In This Episode We Cover

Why the housing market is heating up as homebuyers come back with higher demand 

Wholetail real estate deals and how to flip a property without ANY renovation costs 

How to find off-market deals and targeting homes that have been sitting on the market 

Home liens and using them to find sellers who are willing to give a discount on their properties 

Whether or not cash flow is still possible in 2023 and which strategies will bring in the highest rents

House hacking and using this strategy to lower your cost of living significantly 

Rate buydowns, seller credits, and more ways to come to closing with less money 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Dave's BiggerPockets Profile

Dave's Instagram

Hear Dave on the “On the Market” Podcast

BiggerPockets Podcast 697 with Dahlia, Rob, and David

Connect with Dahlia and Rob:

Dahlia's BiggerPockets Profile

ASN

ASN Facebook

Rob's BiggerPockets Profile

Rob's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-733

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Want to quit your job for real estate? Not so fast. Trading your steady W2 for rental properties could be a risk that isn’t worth taking in 2023. But why? Isn’t the point of property investing to reach financial freedom and leave your W2 behind? Stick around for the full perspective from expert investor David Greene. His advice could save you money and time when deciding whether or not staying at your job is the right move to make!

Welcome back to another episode of Seeing Greene, where your favorite agent, broker, Batman-voice-impersonator, and podcast host, David Greene, answers your most-asked questions on real estate investing! This time around, we hear from a new investor who wants to know the best real estate side hustles, a mid-career worker who’s undecided on how he should best use his cash to invest, and we even receive a call all the way from New Zealand on how to pick the best real estate market. David also goes deep into why outsourcing is SO challenging (at first), where the BRRRR method WON’T work, and the problem with coaching programs.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

 In This Episode We Cover:

The best real estate side hustles for investors who want some extra cash

What you need to know BEFORE you quit your job to invest full-time

Real estate market research and the best cities to invest for cash flow

Scaling your business and your portfolio and the secret to outsourcing work

Why the BRRRR method WON’T work in certain rental markets

Appreciation vs. cash flow markets and when to pick one over the other

Whether to buy more rentals, invest in syndications, or put up cash for a coaching program

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

BiggerPockets Real Estate Podcast 718

BiggerPockets Real Estate Podcast 690

BiggerPockets Money Podcast 305

Should You Invest for Equity or Cash Flow?

Book Mentioned in the Show

Long Distance Real Estate by David Greene

BRRRR by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-732

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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The last housing crash wasn’t a good time for most Americans. And for Brent Daniels, it was the worst time of his life. Before the crash, he was riding high, making six figures, living in a big house with a new car, and building a real estate brokerage with eighty employees. Then, the market started to tank, and so did Brent’s revenue. He had to let go of all eighty workers, watch his car get repossessed, and witness his wife leaving him. But that wasn’t all. The ten-year office lease for his brokerage was still due, and the owners shackled him with seven hundred thousand dollars of debt.

Brent hit rock bottom as his reputation lay ruined, forced to stay with friends to survive. He slowly got back into real estate, making a few hundred dollars here and there. But then, one day, Brent stumbled upon an assignment fee. He watched one of his friends walk away with a five-figure check simply for flipping a contract to an investor. Thus, the wholesaling fire was sparked, and Brent gave up his dreams of becoming a top agent or real estate investor.

He hit the phones, finding as many motivated sellers as possible. From there, Brent shares how he built a business that does over a million dollars a year with just four team members, why he doesn’t invest heavily in real estate, and the exact script he uses to get hefty wholesale fees from motivated sellers. Now, with a net worth of over eight million dollars, Brent has proven that no comeback is impossible and that the best foundation for success is rock bottom.

In This Episode We Cover:

Overleveraging and Brent’s mistakes that made him lose everything in the last crash

The toxic “supreme ego” that will push you to take risks that are never worth it

Paying off six figures in debt and how to rebuild when starting from below zero 

The secret to talking to motivated sellers and the four pillars of negotiation in a deal

Cold calling tips and what you should NEVER say to a seller 

How to scale a LEAN business that operates almost entirely without you 

A glimpse into an alternate universe where Henry Washington is David Greene’s wife 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Henry's BiggerPockets Profile

Henry's Instagram

The Newbie’s Guide to Wholesaling in 7 Simple Steps

5 Cold Calling Techniques That Really Work

3 Types of Motivated Sellers (& How to Win Deals By Solving Their Problems!)

How to Stop Worrying and Start Living

Books Mentioned in the Show

Rich Dad Poor Dad by Robert Kiyosaki

Connect with Brent:

Brent's Instagram

Brent's Website

Brent's YouTube

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-731

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Want to know how to invest in real estate with $10,000? For most people, $10,000 doesn’t sound like enough to start a rental property portfolio. But today, you’ll learn exactly how to turn this easily savable amount of money into the foundation for financial freedom. If you want to know the nine ways you can begin building wealth through real estate with $10,000 or less, stick around!

David Greene, Henry Washington, and Rob Abasolo all started their real estate investing journeys without stacks of cash. They had to scrimp, save, and hustle to get to their first property. But, once the cash flow wheel started to turn, all of these investors quickly multiplied their real estate holdings and sailed straight for financial independence. And now, they want to help you do the same!

David, Henry, and Rob all share their favorite ways to invest in real estate with $10,000, the risks and rewards of each of these strategies, and pit each method against the others in a strategic showdown on the BEST way to invest in real estate with little money. They even share the fastest ways to save up $10,000, so you can start investing sooner! So if you want to make 2023 THE year you start investing, even if you don’t have much savings, stick around!

In This Episode We Cover:

How to invest in real estate with $10,000 or less

The nine best strategies that rookie investors can use to get their first property 

How to save $10,000 and which side hustles will make you the MOST cash 

Cash flow vs. appreciation and which markets are worth investing in

The “rental arbitrage” strategy that can make you THOUSANDS a month (with a LOW investment)

The riskiest ways to get into real estate and which strategies newbies should AVOID 

A free way to ensure your success when investing that many people overlook 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Henry's BiggerPockets Profile

Henry's Instagram

Books Mentioned in the Show

BRRRR by David Greene

Long-Distance Real Estate Investing by David Greene

SCALE by David Greene

Investing in Real Estate with No (and Low) Money Down by Brandon Turner

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-730

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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The real estate markets that have the highest populations tend to have the highest housing prices. Think of cities like New York, Los Angeles, San Francisco, and Seattle. Just a few years ago, these bustling metros were packed to the brim with tech workers, all of which contributed to housing shortages and sky-high home prices. Now, with remote work the new norm, these big cities are seeing their populations slowly start to siphon out to more affordable housing markets in America.

As an investor, you may ask yourself, “where are the most people (and money) headed?” In this episode, Dave Meyer and David Greene will answer this exact question. But, it isn’t as easy as solely looking at population growth. Dave and David go deep into the data to see where businesses, tech jobs, and high salaries are moving so you can make the best bet for future equity plays. And even though it seems like Miami, Austin, and other booming markets have already priced out most investors, recent price drops could be a short-term loss that leads to your long-term gain.

But even if you know where Americans are migrating, you’ll still need to know the “why” so you can find future markets fitting these criteria. Dave and David touch on how work from home changed the housing market, why the pandemic split the nation into affordable and unaffordable housing markets, and how something as simple as a warm day could heavily impact where the best investing opportunity is. So stick around if you’re planning on buying, investing, selling, or moving in 2023!

In This Episode We Cover:

The ten real estate markets that are seeing massive migration even in 2023 

The “great reshuffling” and how a nomadic work culture changed America’s housing landscape

Work from home’s effect on migration, high-paying jobs, and home prices 

How political stances and low/no income tax enticed many Americans to leave their home states

The housing markets seeing the BIGGEST population drops and where not to invest 

Where businesses are moving, and the sneaky tax incentives states use to entice corporations 

Why short-term price drops DO NOT predict the future of the housing market 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Dave's BiggerPockets Profile

Dave's Instagram

Migration, Inflation, and Why Big Cities Are Losing Their “Desirable” Status

Book Mentioned in the Show

Long-Distance Real Estate Investing by David Greene

Real Estate By the Numbers by Dave Meyer

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-729

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

You don’t need a hundred rental properties to make a million dollars a year. You can do it with less than ten properties. Sounds insane, right? If so, tune in to hear Jesse Vasquez’s story as he breaks down exactly how he built a seven-figure income stream with fewer rental properties than most medium-sized landlords. He even gives an example of how just two of his rental properties are cash-flowing enough to replace a six-figure salary. So what is he doing differently from the rest?

After escaping the “golden handcuffs” of a six-figure healthcare sales job, Jesse knew he couldn’t ever return to the corporate work environment again. He loved the paycheck but was paralyzed by the work and needed an escape that could help him build wealth without sucking his soul. After sparking up a conversation with a traveling nurse, he realized there was an unfilled niche in the medium-term rental space, one that traveling professionals would pay handsomely for.

From working in healthcare, Jesse has been able to pinpoint exactly what makes a high-cash flow medium-term rental, which amenities can dramatically increase your rent price, and how to make six figures in cash flow with just a few properties. This deep dive will give you EVERYTHING you need to know before you buy a medium-term rental, how to achieve a near-zero vacancy rate, and the most lucrative way to find tenants that will net you five times higher rent than a regular long-term tenant.

In This Episode We Cover:

The medium-term rental strategy explained and how it produces so much cash flow

Leaving a cushy six-figure job to build a real estate business, not just retire early 

How Jesse makes close to a million dollars a year with just nine rental properties 

The secret amenities that nurses MUST have to book your property 

The exact agencies to call to get your property rented at SIGNIFICANTLY higher rates 

How to choose the perfect medium-term rental market and what to look for in local hospitals 

Home insurance rental coverage and how to use it to fill up your units FAST 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Medium-Term Rentals—How to Get BIG Cash Flow Out of Small Properties

ALE Solutions

DANHousing

Furnished Finder Stats

Book Mentioned in the Show

30-Day Stay by Zeona McIntyre & Sarah Weaver

Connect with Jesse:

Jesse's BiggerPockets

Jesse's Instagram

Midterm Rental Summit

Jesse's Website

Jesse's YouTube

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-728

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Short-term rental investing is where the big bucks are made. Unlike long-term traditional rental properties, short-term rental hosts can charge higher daily rates, allowing them to lock in far higher revenue. This revenue number grows exponentially the bigger, better, and more unique a property gets. So, a Spanish-style Scottsdale mansion will rent out for a LOT more than a traditional large home. And that’s exactly what we have on this episode of Seeing Greene; a Scottsdale, Arizona mansion bringing in over $300,000 per year!

On this special edition of Seeing Greene, David Greene and Rob “Robuilt” Abasolo will give a Deal Deep Dive on their latest partnership property. This massive mansion in sunny Scottsdale was one of the most expensive properties Rob had ever bought, but with the help of David, they’ve been able to turn it into a cash cow, even as headaches pop up. David and Rob walk through the property cost, how they found it, the renovations they made, and how much they expect to bring in this year.

They also share guest stories that’ll make you feel sympathy for any vacation rental host, the problem with pool heaters, and what to do when your guest pulls a Glock on your house cleaner. These are the stories most vacation rental hosts won’t tell you, so stick around if you want to hear all the cash-flowing details!

In This Episode We Cover:

Scottsdale real estate and why David and Rob picked this perfect vacation rental destination 

The downside of buying dozens of properties and why one large purchase beats many small ones

Finding an investor-friendly agent and why you NEED a rockstar in your real estate market

How much David and Rob spent on furnishing, painting, and fixing this property

David’s five-point matrix for a profitable rental property

Guest horror stories and why you should ALWAYS keep your TV manual

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

BiggerPockets Podcast 680 with Direct Booking Expert, Mark Simpson

The Ultimate Guide to Short-Term Rental Properties

Airbnb Horror Stories (& How You Can Prevent Your Own)

Watch Rob’s Vlog on The Scottsdale Mansion

Learn More About David’s Upcoming Retreats

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-727

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Your lowball offer might seem offensive to most sellers. But, when phrased and timed correctly, you’ll be able to lock down real estate deals at the perfect price, sometimes without the seller even knowing it. Unfortunately, most real estate investors make a MASSIVE mistake when negotiating. Too often, they ask for everything they want when making an offer, not knowing there are ways to get an even better price later on. Want to see how this sneaky style of negotiation works? Stick around!

We’re back with our real estate mentees as they get one step closer to buying their next property and building their dream real estate portfolio. First, we chat with Philip, who lost out on the perfect deal but now knows a better way to get properties under contract. Then, Danny joins us as he stays on the hunt for a multimillion-dollar multifamily but is struggling to find reasonably priced properties in his area. Finally, Wendy is on as she debates which of her rentals have the best medium-term tenant potential. She also dives into a new market that could be perfect for her high-cash flow house hacking strategy.

We also get deep into the mindset of these intermediate investors. We’ll talk about why it’s so hard to let go of a great deal, how to systematize your learning so you’re constantly leveling up your skills (even during a busy day), breaking through analysis paralysis, and why your limiting beliefs are often untrue. So if you want to tee up your next real estate deal like Philip, Danny, and Wendy, tune into this episode! 

In This Episode We Cover

Why you NEVER submit your final offer when trying to get a perfect property under contract

Buying raw land and how to perform due diligence on an untraditional asset 

Embracing the chaos and how to build your real estate portfolio with a jam-packed schedule 

Why 2023 is the perfect market to write “offensive offers” on properties 

Medium-term rental investing and which markets work best for it

Analysis paralysis and how your mind tricks you into not succeeding 

The ONE thing that most house hacking investors forget when looking for new deals 

And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-726

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

To invest in real estate, you need to have a strong why. Without it, you won’t get far, and the first fumble that comes your way may be your last. That’s why having a solid reason behind your real estate investing can keep you going while the rest give up. And this is precisely what Suni Rao’s success is built on as a former pro tennis player turned financial analyst and now ten-unit real estate investor. You may think you know her story already since she was a former pro, but you’d probably be wrong.

Suni was raised in a household of domestic violence. As a child, she knew that if she only had enough money, she could escape and finally be free of the abuse. So when the opportunity came for her to play pro tennis at a young age, she took the chance without ever looking back. This dream continued until her early twenties, when she was physically forced to give up her goal of winning the world’s biggest tournaments.

She took a hard pivot, eventually leading her to climb the corporate ladder, only to have some crushing feedback knock her off. However, none of this stopped Suni from building the life she wanted in the background. After one property came another, and another, and another. Now, with ten units to her name, she’s making massive strides toward financial freedom and is here to tell you exactly how you can do the same. 

• Financial insecurity and how to regain your freedom through real estate investing 
• House hacking and using it as a stepping stone to invest in bigger, better properties 
• Leaving the corporate ladder behind to build your own wealth without an employer 
• Sports lessons of resilience that any real estate investor can relate to 
• How to stop limiting beliefs and doubts from derailing your dreams 
• Why property class matters and how buying in better neighborhoods will make you more 
• How to “force appreciation” and gain massive equity on your properties 
• And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-725

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

You need to know how to scale your real estate portfolio. You’ve been stuck at the same number of units, dealing with the same problems for far too long. But what can you do? At what point do you reach a limit to the number of rentals you can take on? Is there even a limit at all? For most investors, hitting a wall in your real estate portfolio can feel like the beginning of the end. For David Greene, this just shows that you need to scale a little smarter. And today, he’ll show you exactly how to do it.

David, at one point, had a portfolio of over fifty single-family homes. As a result, he was constantly getting calls about evictions, maintenance issues, late payments, and the everyday landlord headaches. He realized that he was spending all his extra cash flow fixing the regularly sprouting problems, so he decided to pivot. Now, he has a cash-flowing, profitable, passive real estate portfolio with multiple types of rentals nationwide and far fewer headaches. Not only that, he’s leading a top real estate agent team, teaching his top agents the same skills in his newest book, SCALE: A Successful Agent’s Guide to Leveling Up Their Real Estate Business.

In it, David teaches top agents how to leave the mundane headaches behind and start building a business. But this book isn’t just for agents. If you’re an investor, the same rules apply to you, and learning these skills can help you leverage time, money, and other workers to help you grow an even bigger business.

Pre-Order SCALE now, and use code “SCALE724” to get a special discount and access to exclusive pre-order benefits. 

In This Episode We Cover:

A deep dive into David’s newest book, SKILL

How David went from blue-collar worker to seven-figure business owner 

The two pieces of any successful system (and the part EVERYONE screws up)

Why finding your weakness is the key to unlocking wealth 

Learning how to leverage time, money, and workers to build your business bigger

The “three dimensions” of scaling and which one you MUST start putting into practice today

Fish-cleaning vs. fish-catching and how to adapt your skills when building your real estate portfolio

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

The 5 Things You Need to Build a $1,000,000+ Rental Portfolio

Books Mentioned in the Show

SCALE by David Greene (Use Code “SCALE724” at Checkout)

SKILL by David Greene

SOLD by David Greene

BRRRR by David Greene

Long-Distance Real Estate Investing by David Greene

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-724

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

The 2023 recession is both an opportunity and a danger for real estate investors nationwide. Falling prices, rising mortgage rates, and an uncertain housing market have made buying rental properties riskier than at any other time in the past ten years. But, the flip side of this coin is that a lack of buyers and harsh buying conditions makes it easier than ever to pick up homes in grade-A areas, many of which could help you realize massive returns in the future. So, is now the time to buy?

Welcome back to Seeing Greene, where expert investor, agent, broker, and author, David Greene, answers your recession-based real estate questions on the spot. We take questions from new investors struggling to find cash flow in today’s challenging market and long-term property owners who don’t know what to do with all their equity. We’ll also hit on the touchy subject of when to quit your job, when you have too much debt to invest, and the difference between a property manager and an asset manager (most people get this wrong!).

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

Why cash flow is NOT the most important metric when buying in 2023

Using the recession to snag better deals on homes in appreciating areas 

Selling vs. renting and what to do with a house that has heaps of equity 

When to quit your W2 and whether or not doing so in a recession is too risky 

Overleveraging yourself and why you may want to hold off on investing if you have high debt 

Lease options and using them to buy properties from on-the-fence sellers 

Asset management vs. property management and how these two titles differ 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

10 Challenges to Seriously Consider BEFORE Quitting Your Day Job

Join David’s Scottsdale Retreat

Books Mentioned in the Show

SCALE by David Greene

SKILL by David Greene

How to Invest in Real Estate By Joshua Dorkin & Brandon Turner

Recession-Proof Real Estate Investing by J Scott

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-723

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Cash flow, cartels, building a real estate empire, and everything in between—this is the story that many have yet to hear. The world of a real estate investor can seem glamorous. There are always so many properties, cash flow, retreats, speaking events, and jam-packed, money-making schedules that most nine-to-five workers would be envious of. However, what you’re seeing is the result, not the journey. What about the seven-day work weeks, the night shifts, the financial stress, the bad tenants, and the failures? This is what made David Greene what he is today.

To most, David Greene is the epitome of an entrepreneur. He owns a multimillion-dollar real estate portfolio, multiple cash-flowing companies, and hosts the best real estate podcast ever (we’re not biased). But just fourteen years ago, this was far from his reality. David was waiting tables, working at restaurants, trying to become deputy sheriff, and had no real estate to speak of. He sacrificed almost every weekend to make more money so he one day could own his schedule.

In this episode, you’ll hear precisely how David hustled for years to buy his first property, how his first tenant stole thousands from him, the long nights he spent working overtime to save up even more, and how eventually everything clicked, and he started building wealth at record speed. If you want an authentic look into the making of a real estate tycoon without the rose-colored hindsight, this is the episode to tune into.

In This Episode We Cover:

Investing during the great recession and why most investors wouldn’t touch real estate

The worst first-rental property experience ever and why you NEED to screen your tenants

Why every investor needs to respect money, not just try to make more of it

Doing whatever you have to do to save up, invest, and build a brighter future for yourself 

Building the BRRRR strategy and accidentally finding a way to recycle down payments

Out-of-state investing and how to pivot when your market becomes too expensive

Strengthening your financial foundation so you can invest wisely and work way less

Rob and David’s Russian-Mexican Spanish and how to confuse everyone in Latin America

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene

Books Mentioned in the Show

BRRRR by David Greene

Long-Distance Real Estate Investing by David Greene

SCALE by David Greene

SKILL by David Greene

SOLD by David Greene

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-722

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A commercial real estate crash is looking more and more likely in 2023. Rising interest rates, compressed cap rates, and new inventory about to hit the market is making commercial real estate, and multifamily more specifically, look as unattractive as ever to a real estate investor. But with so much money still thrown at multifamily investments, are everyday investors going to get caught up in all the hysteria? Or is this merely an overhyped crash that won’t come to fruition for years to come?

Scott Trench, CEO of BiggerPockets and host of the BiggerPockets Money Podcast, has had suspicions about the multifamily space since mortgage rates began to spike. Now, he’s on the show to explain why a crash could happen, who it will affect, and what investors can do to prepare themselves. This is NOT a time to take on the high-stakes deals that were so prominent in 2020 and 2021. Scott gives his recommendations on what both passive and active investors can do to keep their wealth if and when a crash finally hits.

But that’s not all! We wouldn’t be talking about multifamily without Andrew Cushman and Matt Faircloth, two large multifamily investors who have decades of experience in the space. Andrew and Matt take questions from two BiggerPockets mentees, Philip and Danny, a couple of California-based investors trying to scale their multifamily portfolios. If you want to get into multifamily the right way or dodge a lousy deal, stick around!

In This Episode We Cover:

The commercial real estate crash and bad news for high-interest rate investors

Cap rate compression, rent stagnation, and red flags for the multifamily market 

Recommendations for both active and passive multifamily investors

How to vet a real estate syndication deal when raising private capital

Scaling from small to large multifamily and why the jump is easier than you think

Cash flow vs. appreciation and which is a better bet if valuations start to tank

Balloon payments, adjustable-rate mortgages, and risky financing options putting new investors in a tough spot

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Understanding Rental Property Depreciation—A Real Estate Investor’s Guide

House Hacking 101—What It Is and How to Get Started

Your Debt-to-Income Ratio Can Make or Break Your Investing Career

On The Market Podcast 65 with Ben Miller

On The Market Podcast 71 with Brian Burke

BiggerPockets Real Estate Podcast 708

BiggerPockets Real Estate Podcast 719

Book Mentioned in the Show

The Hands-Off Investor by Brian Burke

Connect with Andrew, Matt, Dave, and Scott:

Andrew's BiggerPockets Profile

Dave's BiggerPockets Profile

Matt's BiggerPockets Profile

Scott's BiggerPockets Profile

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-721

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

How important are mortgage rates to real estate investing? Should I take out as much depreciation as possible to lower my taxes? And what should I do when my DTI (debt-to-income) ratio is too high? You’ve got the questions, and David Greene has the answers! On this episode of Seeing Greene, David goes high-level, getting into the topics like real estate tax benefits, return on equity (ROE), and why loans and leverage are riskier than most rookies think!

We’ve got questions from house hackers, BRRRRers, multifamily and commercial investors, and more on this week’s Seeing Greene. First, we hear from a college student trying to house hack in an expensive housing market. Then, a family who has outgrown their space and wants to use creative financing to buy their next primary residence. And finally, a mother concerned that real estate investing could affect her children’s stability. Don’t know what you’d do in these situations? Then, stick around! David’s got the answers!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

How to house hack even in a high-priced housing market

BRRRRing into a higher interest rate and when it makes sense to cash out

Creative financing strategies and whether or not they’re worth using for residential real estate

Margin loans and when it makes sense to take out leverage from your stock portfolio 

ROI (return on investment) vs. ROE (return on equity) and how to value a primary turned rental property

House hacking’s effect on family life and when moving isn’t worth the money

Bonus depreciation explained and the short-term gain, and long-term pain of big tax deductions

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Understanding Rental Property Depreciation—A Real Estate Investor’s Guide

House Hacking 101—What It Is and How to Get Started

Your Debt-to-Income Ratio Can Make or Break Your Investing Career

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-720

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Knowing how to find real estate deals can be challenging for new and experienced investors. For those who want to build bigger portfolios beyond just buying single-family rental properties, finding multifamily, development, or perfect medium-term rental deals can be a struggle. You have to be in the know and have a network full of agents, brokers, lenders, and other investors who can throw deals your way, so you don’t have to dig through the scraps that bigger investors (or investment firms) have left behind.

This is a struggle that all three of our ninety-day mentees have faced since we spoke to them last. We’ll be getting updates on all their situations in today’s episode as David and Rob work to get them to their next investments as soon as possible. First, we talk to Philip, who’s still struggling to find adequate land for his future resort. He’s successfully made one offer but has yet to receive a counter. Next, Wendy wants out of turnkey rentals and is looking into more cash-flow heavy real estate investments like medium-term rentals that can provide her the retirement she dreams of.

Lastly, we talk to Danny, who’s struggling to connect the dots that will lead to his next property. As an introvert, finding contractors in the field has become challenging, although he has started to reach out to other investors he knows in his area. A common thread in this episode is that ALL our mentees are finding a pain point stopping them from reaching their next property. Of course, what they do next is entirely up to them, but you’ll hear case-by-case advice from David and Rob, which could also help you on your next deal! So if you’ve hit a roadblock on your path to real estate wealth, don’t give up—tune in!

In This Episode We Cover:

Purchasing raw land and the pros and cons of trying to buy what is worth developing 

Private money lending and raising private capital as a way to make more income on the side 

How to increase your real estate deal flow and get more properties (or parcels) sent to you

The high-cash flow world of medium-term rental investing and why it may be worth converting your units 

How to find contractors, real estate agents, and other team members for your next investment 

Networking 101 and what introverts can do to build a list of other investors who can help them along their way 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Hear the First 90-Day Mentee Episode

Jesse's Instagram

Book Mentioned in this Episode

30-Day Stay by Zeona McIntyre & Sarah Weaver

Connect with Danny, Philip, & Wendy:

Danny's BiggerPockets Profile

Philip's BiggerPockets Profile

Wendy's BiggerPockets Profile

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-719

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

Most 2023 housing market predictions sound like this, “The sky is falling! Sell everything! Houses will be worth $1 next year! This is just like 2008!” Look at the track record of those who shill predictions like this. These are the same forecasters who have been predicting a crash will happen at some point over the last ten years. Now, with a whiff of fear in the air, mainstream real estate journalists will do anything they can to convince you we’re having a repeat of 2008. However, this is far from the truth.

But how could we forecast the 2023 housing market without data? And where there’s data, there’s Dave Meyer, VP of Data and Analytics at BiggerPockets and host of the On the Market podcast. Dave and his team have recently released “The 2023 State of Real Estate Investing Report,” which gives all the housing market data you need to invest successfully in 2023. In it, Dave shares how the 2022 housing market flipped once the Fed raised rates, how supply and demand have been affected, and what we can expect for 2023.

Dave will also go over the three investing strategies he feels are more appropriate for investing in 2023, including a completely passive way to invest, a cash flow and appreciation combo, and how buyers can take advantage of this market to get deals at a steep discount. While we can’t predict the future, we can give you our best insight into what you can do to build wealth in 2023. So turn off the mainstream fear forecasting and tune into real news designed to make you richer!

In This Episode We Cover:

Why 2023 is not a “normal” housing market and the details leading up to today’s state

The “levers” that affect home prices and why 2023 is NOT the same as 2008

Seller’s vs. buyer’s markets and where prices are most expected to dip

Homebuyer demand and how unaffordability has caused most buyers to sit on their hands

Mortgage rate increases and how the Fed is using high rates to combat inflation

The three strategies that work in today’s housing market and how to invest while others sit on the sidelines

2023 housing market predictions and when we could potentially see home prices bottom

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Books Mentioned in this Episode

Real Estate by the Numbers by J Scott and Dave Meyer

Real Estate Note Investing by Dave Van Horn

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

“On the Market” Podcast

“On The Market” YouTube Channel

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-718

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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