BiggerPockets Real Estate Podcast

Though only five years into his rental property investing career, David Rosenbeck is making a seven-figure wealth-building move. If it all pans out, he’ll be one million dollars (or more) richer, with a brand new investment property that’ll spit out $7,000 cash flow monthly! This is a DREAM real estate deal that any investor wishes they could get their hands on…but here’s the thing: anyone can do this, and you can 'build' your own deal from scratch!

After making $100,000 in his first 18 months of investing, David knew he had a knack for real estate investing. He was a nurse practitioner and in no way wanted to give up his sizable six-figure salary, but he knew he wanted to scale his real estate portfolio in a big way. The problem? Deals are hard to come by, and David’s main strategy—medium-term rentals (renting to traveling nurses)—was getting saturated. So, he searched for something new and landed on a big opportunity: build his OWN short-term rental in one of the hottest destinations in the US but build it specifically to beat the competition.

He found the money and the dirt to build on and is off to the races—keeping his small portfolio while taking a big risk for a massive reward: a million-dollar equity upside if he pulls it off. Want to hear how you can create your own seven-figure opportunity? David is sharing, step-by-step, exactly how he did it!

In This Episode We Cover:

How David is ‘building’ a seven-figure equity-upside real estate deal

Using other people’s money to invest in real estate (and how to do it the RIGHT way)

How David scaled from zero to eight rentals in just three years

The bright side of short-term rental regulations and the market that David feels very confident in

How to find a builder/developer for your first new construction rental property (and vet them BEFORE you start!)

And So Much More!

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Find an Investor-Friendly Agent in Your Area

Real Estate Rookie 273 - Making $100K in 18 Months with “Misfit” Medium-Term Rentals w/David Rosenbeck

Connect with David Rosenbeck

Connect with Dave

(00:00) Intro

(01:44) Nurse Practitioner Turned Investor

(06:02) 8 Rentals in 3 years!

(09:34) Ditching Medium-Term Rentals for…

(14:27) Development Details

(16:48) Building the Perfect Property

(24:21) Finding Your Builder

(26:51) How Much He’ll Make

(30:34) Become a BiggerPockets Guest!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1084

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The 2025 housing market has already defied most expectations, but a worrying “shift” could throw everything off track. Home prices keep rising in every major metro—even with interest rates stuck in the sevens. It seems that nothing can stop the wave of demand hitting home sellers even as affordability reaches lows we haven’t seen in decades. But what could be the housing market’s kryptonite—the one thing that could lead to lower prices and distress in the market?

Today, we’re giving you a Q1 housing market update with the latest data coming in from January 2025, sharing must-know metrics about home sales, prices, mortgage rates, buyer demand, and even mortgage delinquencies. 

Is Dave already off on his 2025 housing market predictions? He could be, as housing has seen unexpected strength despite last year’s big election, inflation rising once again, and interest rates more than double what they were just a few years ago. Will we see mortgage rates (and prices) drop at any point this year? What’s the one thing that could flip this housing market? We’re getting into the mystery metric you MUST watch to know what’s coming next.

In This Episode We Cover:

A Q1 2025 housing market update: prices, rates, demand, inventory, and more!

One troubling metric that could spell pain for the housing market in 2025 

The markets where inventory is exploding, but does that mean prices will fall?

Is there a chance that mortgage rates will drop this year, or has the Fed paused for good?

The often overlooked (and cheap!) real estate markets seeing sizable home price appreciation 

And So Much More!

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Grab Dave’s Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

New Tariffs Mean Much More for Mortgage Rates Than You Think

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1083

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Is now finally the time to get back into Airbnb investing? We all knew about the Airbnb bubble that formed shortly after lockdowns. With low interest rates and local vacationing exploding, everyone wanted to cash in on the short-term rental craze. The result? Inexperienced hosts flooded the market with half-baked Airbnb listings, leading to an oversaturation in vacation rentals and stricter short-term rental laws. But things are beginning to change.

Avery Carl, arguably the most knowledgeable short-term rental investor in the country and author of Smarter Short-Term Rentals, has NEVER sold a vacation rental due to poor performance. In fact, she’s stayed booked and busy while new short-term rental investors struggle to fill their units. How does she do it? And why does she think now is the time to double down on traditional vacation rental markets?

Avery gives her expert advice on where (and what) to buy, how to boost your Airbnb bookings even in crowded markets, and why you don’t need every amenity under the sun to attract guests. Plus, why are Airbnb bans a good thing? Avery shares why some investors will thrive while others fight to survive in the new short-term rental space.

Take advantage of the new Airbnb upside with Avery’s book Smarter Short-Term Rentals. 

In This Episode We Cover:

Short-term rental market update and why Avery believes “stabilization” is here 

Why newbies are too scared to get into Airbnb investing (and how you can take advantage) 

Picking an Airbnb market and why you can’t follow the “top markets” lists 

What to do if your short-term rental is underperforming and you can’t get guests 

Are Airbnb bans a good thing? Which markets will benefit because of it? 

And So Much More!

Links from the Show

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Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust

Grab Avery’s New Book, “Smarter Short-Term Rentals”

Find an Investor-Friendly Agent in Your Area

How to Analyze a Short Term Rental Investment (The Enemy Method)

Connect with Avery

Connect with Dave

(00:00) Intro

(01:43) Short-Term Rental Market Update

(04:54) Newbies Scared Off?

(06:52) What to Buy Right Now

(09:52) Picking an Airbnb Market

(12:10) RELAX with the Amenities

(17:42) Is Your Airbnb Underperforming?

(23:57) Future of Short-Term Rentals

(27:45) Grab Avery’s Book!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1082

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Imagine making $1,500,000 on one regular real estate deal. We’re not talking about a huge apartment complex or commercial real estate investment. $1,500,000 on a single-family home purchase. How is that even possible? Dina Onur is more than a million dollars richer after spotting one rare real estate investing “upside” at the closing table. And the best part? She’s just a regular, everyday investor.

Dina runs her own home healthcare business and is a mom of three, but she decided, “I’m not busy enough; let’s start buying (and renovating) rentals!” So, that’s exactly what she did. Her clients routinely had houses to sell, so instead of passing them along to real estate agents she knew, Dina made the jump, buying a triplex to test her hand at rental property investing. She did a BIG renovation but created some serious sweat equity as a result. The next rental? Double the size—a six-unit investment property.

But, none of these compare to the one deal that is making her over a million dollars. This was such a rare find that Dina was offered hundreds of thousands of dollars over the asking price to sell it to other investors. She refused, and if you can find a property like hers, you too could make a seven-figure profit on your next real estate deal.

In This Episode We Cover:

How Dina made $1,500,000 on a real estate deal everyone else overlooked

Pulling yourself up from bankruptcy to rebuild your financial life

The one reason you ALWAYS check the zoning of a property before you buy

Why Dina refuses to invest in single-family homes and sees them as too risky

Using a HELOC (home equity line of credit) to fund your home renovations 

Financing new construction and a sneaky way to get around the massive down payment

And So Much More!

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Invest in High-ROI Turnkey Rentals with Rent to Retirement or Txt REI to 33777

Save $100 on Real Estate’s Biggest Event of the Year, BPCon2025

Buy the BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat”

Find Investor-Friendly Lenders

10 Hidden Ways to Buy Properties with Huge “Upside”

Connect with Dina

Connect with Dave

(00:00) Intro

(00:55) Young Business Owner to Bankruptcy

(02:17) Accidentally Finding Real Estate

(06:41) Finding Her First Deal

(09:29) Huge Renovations, But BIG Rewards

(17:12) Tearing Down Her House for This?

(20:12) Making $1.5M on One DEAL!?

(26:19) What's Next?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1081

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Out-of-state real estate investing is making a comeback, becoming one of the best investing strategies of 2025. Why? Home prices in most coastal markets have exploded, forcing investors in pricey areas to look elsewhere for real estate deals that work. Thankfully, America is a big country with plenty of profitable real estate markets, so even if you’re priced out of your own area, you can still invest elsewhere.

So, how do you start? What should you do going into a new market as a new investor? Kathy Fettke is returning to the show as our resident long-distance real estate expert, showing you how to buy out-of-state investment properties in just a few simple steps. Anyone (and we mean ANYONE) can follow these steps to purchase a profitable property from a distance, even if it’s your first rental.

We’re giving you an exact roadmap of everything you need to know: how to choose markets, find deals, analyze them, get property management, and start renting them out even if you live thousands of miles away.

In This Episode We Cover:

How to pick an out-of-state investing market and whether you need to visit it first

Analyzing deals from a distance and key factors to get right (insurance, property taxes, and more)

How to buy a house sight unseen, EVEN as a beginner investor

The one type of rental property Kathy says you should buy for your first rental

What to tell a property manager as soon as you close on your first long-distance rental

And So Much More!

Links from the Show

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BiggerPockets Market Finder

Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations

Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year

Grab the Book on “Long-Distance Real Estate Investing”

Find an Investor-Friendly Agent in Your Area

Should You Invest Locally or Long Distance?

Connect with Kathy

Connect with Dave

(00:00) Intro

(01:31) Why Invest Out of State?

(05:51) 1. Pick (and Visit!) Markets

(11:00) Meet with Agents/Property Managers

(15:17) 2. Define a "Good" Deal

(17:16) Buy New/Turnkey?

(20:45) Know Your "Advantage"

(23:43) 3. Make an Offer

(27:47) How to Buy Sight Unseen

(30:18) 4. Close and Manage the Rental

(33:22) Reviewing the Steps

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1080

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How do you get higher rents, more appreciation, and bigger returns from real estate investing in 2025? It’s easy—copy the experts. They’re doing it over dozens of deals, so why not apply their same tactics to your properties? That’s precisely what we’re sharing in today’s episode—the “upside” tactics ANYONE can use on ANY investment property to create more cash flow, better equity upside, and make their future selves richer.

Last week, we discussed the ten different “upside” investing tactics you can use in 2025 to boost your real estate returns. Today, we’re walking through six of them, in-depth, with investing experts Ashley Kehr and James Dainard. Ashley has been investing in rentals for over a decade, seeing basic properties become home-run rentals over time. James has made millions of dollars flipping houses with HUGE “upside,” he’s teaching you how to do the same, even if you’re only buying rentals.

We’re walking through our favorite “upside” strategies and how to spot the properties that have multiple "upsides" for investors. Follow these steps, and in a few years, the properties you buy in 2025 could become your best investments yet!

In This Episode We Cover:

Why you CAN’T just focus on today’s rent prices/cash flow and how basic properties can become cash flow kings

The “rocket fuel” James used to explode his net worth and real estate portfolio 

Hidden zoning opportunities that most homebuyers have no clue about (MASSIVE price appreciation potential) 

How to pinpoint the “path of progress” so you know exactly where to buy 

Why putting more cash down on a real estate deal is such an underrated move 

And So Much More!

Links from the Show

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The Best Markets to Buy Rental Properties Right Now (2025)

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Grab Dave’s Book, “Start with Strategy”

Find Investor-Friendly Lenders

BiggerPockets Real Estate 1075 - 10 Hidden Ways to Buy Properties with Huge “Upside”

Connect with Ashley

Connect with James

Connect with Dave

(00:00) Intro

(03:50) Make Your Future Self Rich

(05:07) Which Properties to Buy?

(09:20) 1. Rent Growth

(13:24) 2. Value-Add

(14:49) 3. Zoning Opportunities

(19:11) 4. More Equity, Less Debt

(22:14) 5. Path of Progress

(26:33) 6. Learning (and Earning)

(29:26) Find YOUR Upside

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1079

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One of the most repeatable, scalable ways to build a real estate portfolio is using “The Stack” method. This investing strategy allows you to slowly scale your real estate using low-money-down loans, turning one down payment into multiple properties. It’s one of the smartest, safest ways to build wealth, but it’s almost been forgotten. Today, we’re talking to an investor reviving “The Stack,” using it to build an eight-rental real estate portfolio starting with just $15,000.

Like most investors, Connor Anderson had barely enough money to close on his first house, a condo. He scrounged together just $15,000 to buy his first property and immediately began to rent out the other rooms. But this was just the beginning for Connor.

Over the next few years, Connor slowly turned the rent savings from that one condo into a single-family house, a duplex, and now a fourplex, which he is still house hacking in. The best part? Those properties he used to live in are now cash-flowing rentals WITH equity, which he has used to buy more properties. This is “The Stack” method done the right way, and if you want to safely, slowly, and steadily grow your rental portfolio without a ton of money, this is how to do it. 

In This Episode We Cover:

“The Stack” method and how to use it to build a rental portfolio with little money 

Why you DON’T need to rush building a real estate portfolio to be successful

One investing area that both Connor and Dave are very bullish on 

How Connor scored a zero-dollar-down, off-market duplex 

Interest rate buydowns and other strategies to create cash flow in 2025 

And So Much More!

Links from the Show

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Maximize Your Real Estate Investing with a Self-Directed IRA

Grab the Book “The House Hacking Strategy”

Find an Investor-Friendly Agent in Your Area

The Stack: The Perfect Blueprint for Scaling Quickly in Real Estate

Connect with Connor

Connect with Dave

(00:00) Intro

(02:36) First Deal for $15,000 (Condo)

(08:23) Home Run Rental for 5% Down (House)

(12:03) Off-Market $0 Down Duplex

(17:36) The “Stack” Method

(23:20) “Turnkey” 5% Down Fourplex

(25:58) How to Find Cash Flow in 2025

(29:00) Best Area to Buy?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1078

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One of the best ways to “live for free” is a strategy almost every successful real estate investor uses at some point in their journey: house hacking. You’ve probably heard of it before—house hacking allows you to significantly reduce (or eliminate) your mortgage/rent payment, so your housing cost hits rock bottom or even zero. This helps you save more money every month, invest faster, and reach financial freedom after a short (but worthwhile) period of sacrifice. 

Which US markets are best for house hacking, getting a great job, and paying next to nothing for housing? We’re presenting four of the best house hacking markets in the country, some of which you’ll probably be tempted to move to. These markets all have lower home prices but respectable wages, things to do, and great rents for you to collect. 

Who better to judge these markets than the man who wrote The House Hacking Strategy, Craig Curelop? Data scientist Austin Wolff is pitching these four real estate markets to Craig and Dave as the house hacking duo votes on whether they’d move to that market to house hack or stay put where they are. 

In This Episode We Cover:

How to reduce (or eliminate) your monthly mortgage/rent payment with house hacking

The different levels of house hacking (comfort vs. profitability) 

What makes a market worthwhile to house hack in (it ISN’T just about the money)

A mountain biking capital with booming job growth and low home prices 

A “smart-grid” affordable city close to two major markets 

Great jobs, an excellent airport, solid schools, and strong growth from this underrated southern market 

Buying a house for under $300K in this city with a sports atmosphere 

And So Much More!

Links from the Show

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Join the Future of Real Estate Investing with Fundrise

Grab Craig’s Book “The House Hacking Strategy”

Find an Investor-Friendly Agent in Your Area

The 10 Best Markets for Your First House Hack

Connect with Austin

Connect with Craig

Connect with Dave

(00:00) Intro

(01:57) What is House Hacking?

(05:11) Should You Move to House Hack?

(07:51) 1. Fayetteville, Arkansas

(11:59) 2. Chattanooga, Tennessee

(15:39) 3. Charlotte, North Carolina

(20:08) 4. Indianapolis, Indiana

(24:56) How to Start House Hacking

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1077

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The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investor Amanda Han on the show to break down the most crucial tax-saving tips for real estate investors. Plus, she sheds light on President Trump’s tax plan, how it could significantly benefit real estate investors, and what changes to watch for.

If you’re not taking advantage of write-offs like depreciation or boosting your retirement with tax-deferred real estate investing, you could be missing out on tens of thousands, if not hundreds of thousands, in tax savings. Keep more money in your pocket come tax day by following Amanda’s tips (you don’t even need a CPA to take advantage of some of these!). 

Will Trump bring back the holy grail of tax deductions—100% bonus depreciation? Could he make “SALT” (state and local tax) deductions uncapped so you can lower your federal taxes even more? What about the other “tax-free” income source that could become a reality in President Trump’s second term? Amanda is sharing info on all of it so you can pay less taxes, keep more of your hard-earned money, and invest faster!

In This Episode We Cover:

The one massive real estate tax deduction that President Trump could bring back soon

One real estate write-off every single investor should take advantage of NOW

How to use your retirement accounts to buy real estate (and defer your taxes!)

“SALT” deductions and how this could significantly reduce your federal income taxes 

Do you really need a CPA to take advantage of real estate tax deductions?

And So Much More!

Links from the Show

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Invest in High-ROI Turnkey Rentals with Rent to Retirement or Txt REI to 33777

Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year

Grab Amanda’s Books on Real Estate Tax Strategies

Find Investor-friendly Tax and Financial Experts

4 Real Estate Tax Strategies That Can Protect You From Inflation

Connect with Amanda

Connect with Dave

(00:00) Intro

(02:27) Huge Tax Savings of Real Estate

(08:05) DON’T Forget About This

(13:08) Investing with Retirement Accounts

(20:53) New Trump Tax Policies

(26:22) “SALT” Tax Savings

(31:37) Will Capital Gains Change?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1076

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If you don’t want to make money in real estate, skip this episode. If you hate the idea of having hundreds of thousands or millions of dollars in equity and six-figure passive cash flow in the not-so-far future, ignore the ten strategies we’re sharing today.

When followed, these ten tactics will help you buy real estate deals with phenomenal “upside” potential in markets that most investors overlook but will WISH they bought in within a few years. Anyone can use this information to unlock the “upside” in whatever market they choose to invest in, but they aren’t obvious.

You’ve probably been told the opposite of the advice we’ll give you today. But here’s the thing: the housing market has CHANGED. In 2025, those 2015 strategies will not work. To unlock the “upside” potential that will lead only savvy real estate investors to generational wealth, plentiful passive income, and serious returns, you must shed the old ways and embrace the new strategies. That’s why Dave is outlining the ten strategies he would use to find hidden “upside” in the 2025 housing market and sharing how he’s doing it (right now!) with some of his properties.

In This Episode We Cover:

Ten ways to unlock the hidden “upside” in your next real estate deal (make MORE money!)

How to “design” a real estate deal BEFORE you buy it (this is a BIG change)

Four "upside" fundamentals to follow if you want to buy the best deals in the best areas 

How Dave boosted his cash flow and secured a rental in an appreciating area by using his “upside” tactics

Why day one “cash flow” is NOT as important as it used to be (this could be costing you deals!)

And So Much More!

Links from the Show

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Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube

Maximize Your Real Estate Investing with a Self-Directed IRA

Buy Dave’s Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

The State of Real Estate Investing: What You Need to Know for 2025

Connect with Dave

(00:00) Intro

(01:37) Deal Design

(03:06) The “Upside” Fundamentals

(07:36) Dave’s Real “Upside” Example

(09:50) Dave’s 2025 “Upside” Strategies

(17:56) 5 More “Upside” Tactics

(23:25) Follow the “Upside” Formula!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1075

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New to real estate investing? Stuck in an area with expensive housing prices or not-so-landlord-friendly laws but want to buy real estate? We’ve got you covered. We’re sharing our favorite 2025 real estate markets for rental property investing, many of which are so affordable even a real estate rookie will have no trouble buying in. But these aren’t just cheap markets; they all have strong fundamentals that drive appreciation and rising rents. 

We brought the market-picking experts, Ashley Kehr and Henry Washington, back to the show to share their picks and see how they compare to Dave’s. We’ve got “sleeper” markets that are growing but fly under the radar, a new Midwest manufacturing hub that will soon become one of America’s most prized chip-building markets, and the next boom city with great jobs and even better cash flow.

Then, we’ll share bonus affordable markets for those who don’t have much money to start. Got some more cash saved and looking to buy in a big city with big upside potential? We’re listing the three big cities we’d happily call home and invest in, with phenomenal housing market metrics and much more affordable prices than New York, Seattle, and the other “big” real estate markets. 

In This Episode We Cover:

The best rental property markets of 2025 that sport appreciation, cash flow, and affordable prices

Why Henry thinks this “unsexy sleeper” market could be a phenomenal place to buy

The chip-manufacturing Midwest market that could see massive growth

One market with a booming economy but still very affordable home prices 

The “big” cities we’d buy in that are poised for growth and home price appreciation 

How to find the perfect market for YOU to invest in (free data on HUNDREDS of markets)

And So Much More!

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Free Market Data

Ashley’s Free Market Worksheet

Join the Future of Real Estate Investing with Fundrise

Grab Dave’s Book, “Real Estate by the Numbers”

Find an Investor-Friendly Agent in Your Area

Real Estate Podcast 1007 - Where We’d Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington

Connect with Ashley

Connect with Henry

Connect with Dave

(00:00) Intro

(04:18) Best “Sleeper” Markets

(09:29) The Next Tech Market

(14:28) Midwest Boom Market

(18:56) Most Affordable Markets

(21:46) Best Big Cities to Invest In

(27:04) How to Find YOUR Market

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1074

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The multifamily and commercial real estate crash seems to be nearing its end, which means some incredible buying opportunities are on the way. Big apartment owners have been decimated after their occupancy rates dropped, interest rates shot up, and loans got called due. But when prices fall and the masses turn away from an asset, it’s usually time to buy, and 2025 could be one of those times for commercial real estate.

But YOU don’t have to be the one to go out and find the deal yourself, do all the renovations, and deal with tenants—you can invest all while someone else does it for you. That’s exactly what today’s guests, Jim Pfeifer and Paul Shannon from the PassivePockets podcast, are on to talk about. They see coming opportunities to invest in multifamily real estate deals passively and will teach you exactly how to do it.

Both Jim and Paul previously owned rental properties but moved over to real estate syndications, a passive real estate investment, as they grew. Now, they can have someone else do all the work for them while they reap the benefits. The best part? 2025 is looking like an opportune time to get in on investments like these, as many of the inexperienced syndicators have fled the market. Still, the veterans remain, ready to buy underpriced assets and pass the profits on to you!

In This Episode We Cover:

Why the historic commercial real estate crash could be close to over

Real estate syndication investing 101 and how to invest without the stress of landlording

Better, safer multifamily real estate deals that are coming to the market

How to analyze a passive real estate investment AND the syndicator running it

What to ask any syndicator before you invest in their deal (this is crucial)

And So Much More!

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Grab the Book on Passive Investing, “The Hands-Off Investor”

Property Manager Finder

Invest Smarter with PassivePockets

Connect with Jim

Connect with Paul

Connect with Dave

(00:00) Intro

(03:53) The Multifamily Crash Explained

(06:48) Has Multifamily Hit the Bottom?

(11:16) Investing Opportunities Coming?

(13:17) How to Take Advantage

(20:58) Analyzing a Deal/Operator

(28:02) Massive Passive Investing Benefits

(32:31) Join PassivePockets!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1073

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Want to retire early? Then, STOP buying rental properties. You heard that right; buying more rental properties may actually push you further away from early retirement IF you’ve crossed a certain threshold. Today’s guest proves you don’t need dozens of rental properties to reach financial freedom. Chad Carson, the “small and mighty” investor, is back to share why he scaled down his rental portfolio and now only works two hours a week because of it!

Don’t know Chad? He’s the investor who did it right. After building a real estate business way too big for his liking, he and his partner thought, “Is this the life we dreamed of?” It wasn’t, so they began scaling down, only keeping the properties they loved and selling the rest. Now, Chad does what he wants full-time, including traveling the world and living abroad with his family, coaching other investors, and spending a fraction of his waking hours on his rental property portfolio. This is an investor who has actually retired early with real estate.

Want to copy Chad’s blueprint to financial freedom in just ten to fifteen years? He’s sharing the three “phases” every investor goes through, including the most important one—the “harvesting” phase that allows you to retire early. How do you get to the “harvest” after all your hard work, and what should you do once you get there to unlock ultimate financial freedom? Chad is sharing it all, step-by-step, in this episode.

In This Episode We Cover:

How to retire early with fewer rental properties than you’d think

The three “phases” of financial freedom investing (and how long it’ll take to retire early)

How to start building your real estate portfolio even if you have no money or experience 

Why cash flow is far less important than you think when building a rental portfolio 

Why Chad sells some of his successful rental properties to pay off others (this is a cheat code!)

Three tools you can use to start “harvesting” your portfolio and retire early 

And So Much More!

Links from the Show

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Set for Life by Scott Trench 

Zeckendorf: The autobiography of the man who played a real-life game of Monopoly and won the largest real estate empire in history

Find Your Next Real Estate Deal with PropStream

Grab Chad’s Book “The Small and Mighty Real Estate Investor”

Find an Investor-Friendly Agent in Your Area

BiggerPockets Real Estate 1004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson

Connect with Chad

Connect with Dave

(00:00) Intro

(01:52) Financial Freedom, Not Just Getting Rich

(05:09) The "Harvesting" Phase

(09:51) 3 Phases of Financial Freedom Investing

(18:32) How to "Grow" the Right Way

(24:29) What About Cash Flow?

(26:58) How to Start "Harvesting"

(33:55) Consolidating Your Portfolio

(36:32) Spending Your Time Freedom

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1072

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Is it a good time to invest in real estate? Yes, and we have proof that real estate may be underpriced, even as we hover around the most expensive average home prices in history. How can real estate be undervalued when prices are at historic highs? Dave is sitting down with Scott Trench, CEO of BiggerPockets, who has condensed ten hours' worth of research into one episode to prove to you that, without a doubt, real estate will be winning over the next few years. Plus, he’s about to make a BIG financial bet on it.

We’ve been talking a lot about entering the “upside” era recently—the new cycle of real estate investing—and wanted Scott’s take on it, too. He has invested in real estate for over a decade, reached financial independence through rental properties, and has been openly critical about multiple sectors of the real estate industry over the past few years. 

Today, Scott makes a compelling case for real estate as a better investment than stocks, crypto, or gold. Some specific real estate niches could see prices drop even more, making 2025 (and 2026) phenomenal opportunities to buy. Make your choice: tune into this episode and build wealth while others sit on the sidelines or wish you had done so in a few years. 

In This Episode We Cover:

Why residential real estate may actually be undervalued in 2025 

One sector of real estate with enormous buying opportunities nobody is noticing 

Scott’s MASSIVE real estate bet and why he’s selling much of his stock portfolio

Where interest rates will be in 2025 and whether they could rise even more 

Rental housing demand and the almost irrefutable case that rent prices will rise 

Why Scott believes Bitcoin will be going to $0 in the long term 

And So Much More!

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Rent Growth

Treasury Yields

Real Median Household Income

Median Sales Price of Houses

S&P 500 Ten-Year Returns vs. S&P 500 P/E

Join the Future of Real Estate Investing with Fundrise

Grab Scott’s Book, “Set for Life”

Find an Investor-Friendly Agent in Your Area

The Rational Investor’s Case Against Bitcoin

Connect with Scott

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1071

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Can’t figure out how to buy multiple rental properties a year with your current income? Wondering whether you should get rid of your student loans before buying your next property? Maybe your market is too expensive, so is it time to go out of state instead? These are some of the most common questions we see on the BiggerPockets Forums, and today, we’re answering them so you can get to your next rental(s) faster, even if you’ve got debt and even if your home market is too expensive.

First, we’re explaining when and why we buy properties without ever seeing them in real life. Isn’t that a huge risk? Yes—if you do it the wrong way. Next, should you invest out-of-state if your home market is too expensive, and if you decide to do so, what should you know BEFORE buying a property well outside driving distance? Want to scale faster? We’re discussing purchasing multiple rental properties a year and when it’s time to grow your real estate portfolio.

Got student debt? You’re not alone! Henry had his student loans until recently and still heavily invested in real estate. But, if your interest rate crosses a certain threshold, we’d definitely recommend reconsidering real estate investing. Stay tuned; we’ll share when your debt is too much to invest.  

Join BiggerPockets Momentum 2025 to supercharge your investing this year!

In This Episode We Cover:

How to buy multiple rental properties a year and when it’s time to scale 

Paying off debt vs. investing and whether six-figure student loans are stopping you

Buying rentals sight unseen, the risks, and why we do it under certain circumstances

Out-of-state investing 101 and signs it’s time to leave your home market to invest elsewhere

Keeping vs. selling a negative cash-flowing rental property (and when to hold for equity)

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

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Grab Dave’s New Book, “Start with Strategy”

Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIG

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Property Manager Finder

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Connect with Henry

Connect with Dave

(00:46) Buy Rentals Sight Unseen?

(06:03) Out-of-State Investing 101

(10:59) Ask Us Questions LIVE!

(12:37) Buy 2 Rentals in 1 Year?

(16:12) Invest While in Debt?

(21:46) Keep Negative Cash Flow Property?

(27:03) Post Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1070

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Can you still achieve financial freedom with real estate investing? Around a decade ago, it was common knowledge that with a few rental properties, you could easily replace your income, retire early, and be fast-tracked to financial independence within just three to five years of investing. Is that possible anymore? How long will financial independence actually take if you start investing in real estate in 2025? And if you feel like you’re almost there, should you quit your job and dive head first into real estate?

We’ve got two financially free investors on the show, each taking different paths to get there. Dave kept his full-time W2 to pay for his more passive real estate investments, while Henry quit his job to buy rentals and flip houses full-time. Would they both be okay if they lost their “active” income today? Yes! But they STILL choose to work to build the dream life that goes far beyond basic financial freedom.

Today, they’re sharing how the financial freedom formula has changed, what you need to do to get on the path to financial independence/early retirement in 2025, and whether you should stay at your W2 while you build your rental portfolio or quit your job to pursue real estate full-time. The good news: financial freedom through real estate is still a significantly quicker route to retirement, but which path will you choose to get there?

In This Episode We Cover:

What “financial independence” really means and how long it will take for you to get there

The cash flow myth that most new real estate investors believe (this could hurt you later!)

Full-time real estate investing vs. keeping a nine-to-five and why you NEED “active” income to scale fast

What to know about full-time real estate investing BEFORE you quit your job 

And So Much More!

Links from the Show

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Grab Dave’s New Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson

Connect with Henry

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1069

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Will mortgage rates remain above seven percent in 2025? Are we closer to a recession than most Americans realize? Why does it feel like this economic cycle of high rates and a struggling middle class will never end? The biggest question is: What do all these factors mean for real estate, and should you still be investing? We brought on the man who literally wrote the book on Recession-Proof Real Estate Investing to give his 2025 outlook.

J Scott has flipped over 500 homes, manages and owns thousands of rental units, and has been involved in tens of millions of dollars in real estate transactions. He started investing in 2008; he’s seen the worst of recessions and the highest of pricing peaks. We brought him back on the show as our industry expert to provide his time-tested take on what could happen in 2025 and share his economic framework for forecasting what’s coming next.

J says we’re long overdue for a recession—and the red flags are popping up more frequently. While signs of a global recession loom, J explains what this means for mortgage rates and home prices and why now might still be the time to invest.

In This Episode We Cover:

Why J believes we’re closer to a global recession than most people think

New Trump presidential policies that could have huge impacts on inflation (and mortgage rates)

Whether mortgage rates will stay in the seven percent range EVEN as the Fed lowers rates

The broken economic “cycle” we find ourselves in and the only way to fix it 

Could home prices correct/crash if mortgage rates finally do fall?

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

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J's Newsletter

Principles: Life and Work by Ray Dalio

Join the Future of Real Estate Investing with Fundrise

Grab J’s Top Real Estate Investing Books

Find Investor-Friendly Lenders

Read the Latest Blog Posts from J

Connect with J

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1068

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There is an easier way to invest in real estate in 2025. It doesn’t require a ton of money or experience; anyone can do it (even a complete beginner), and it’ll lead to you having more money, more passive income, and a bigger bank account. Successful real estate investors agree: this is a “cheat code” to start investing in real estate in 2025.

What are we talking about? It’s not short-term rentals or buying apartment complexes; it’s actually extremely simple—house hacking. Both Dave and Henry used this low-money down, high-impact real estate investing strategy to grow their portfolios to be worth multiple million dollars. It’s the BEST way for a beginner to get into the real estate investing game and allows you to buy properties with just a fraction of a regular down payment.

We’re so convinced that it’s the best bet for beginners that we’re bringing on the BiggerPockets Real Estate Podcast producer Ian Kay, a complete real estate beginner, to walk him through how to use this exact strategy to start his real estate portfolio. We’ll break down the numbers to show how one smart investment can fund your dream home and leave you tens of thousands richer. Ready to invest in 2025? Then don’t sleep on house hacking!

In This Episode We Cover:

The easiest, most beginner-friendly way to start investing in real estate in 2025

One simple investing mistake that could cost you $60K+ (and how to avoid it)

The steps you should start taking NOW to get your first investment property in 2025

How to analyze a house hack and crucial metrics to check BEFORE you buy

In analysis paralysis? This is what to do NOW to get out of it and get closer to your goals

And So Much More!

Links from the Show

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Grab the Book on House Hacking, “The House Hacking Strategy”

Find an Investor-Friendly Agent in Your Area

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

Connect with Ian

Connect with Henry

Connect with Dave

(00:00) Intro

(02:20) Want to Start Investing?

(04:54) What Do YOU Want to Achieve?

(08:23) House Hacking (Easiest First Investment)

(18:42) Analyzing a House Hack

(23:40) What to Do RIGHT NOW

(32:59) Stuck in Analysis Paralysis?

(34:13) Next Steps

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1067

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The opportunity coming for real estate investing in 2025 is almost unimaginable. A decade from now, if you buy right, you’ll be looking back thanking yourself for planting the seed of financial freedom, generational wealth, and an early retirement. This isn’t just hype or hope because we’re real estate investors—all the data points to one thing: real estate is the best investment of 2025 and will continue to be so throughout the next decade.

This show is a bit different. Dave has done months of research to give you the single strongest case for real estate investing in 2025 and beyond. Don’t believe real estate is the best place to park your money? Listen to this episode and see whether Dave gives the most convincing argument you’ve ever heard for buying investment property.

This new era is brimming with “upside,” so much so that we’re calling this the “Upside Era,” a new dawn for real estate investing that will lead you to financial freedom in fifteen years (or less), get you to your financial goals, and leave you better off than any of the other investments around, whether that’s stocks, bonds, or crypto.

Don’t delay. The “Upside Era” starts now. The only question is, will you be part of it?

In This Episode We Cover:

Why real estate is still the single greatest asset for achieving financial freedom

The reason why 2025 is a prime time for investing in real estate 

Whether the high cash flow and easy deals of the 2010s will ever return

Data pointing to home prices and rent prices rising well into the future 

Dave’s ten core principles to follow that will lead you to wealth in the “Upside Era”

The best resource on the planet to get free information on real estate investing 

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

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Grab Dave’s Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

Real Estate Investing For Beginners: How To Get Started

Connect with Dave

(00:00) Intro

(02:23) The Case for Real Estate

(03:11) 1. Financial Independence

(06:37) 2. Huge Demand for Housing

(08:31) 3. Market Stability

(09:24) 4. Income Replacement

(10:13) 5. Diverse Returns

(10:49) 6. Stock Market Hedge

(11:43) 7. Inflation Hedge

(12:25) 8. Tax Advantages

(12:55) 9. Valuable Service Provider

(13:46) “It’s Not as Good as Before!”

(17:19) The "Upside" Era Begins

(20:48) What to Know for 2025

(27:02) Thrive in the "Upside" Era

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1066

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Today, we’re releasing our 2025 housing market predictions, and let’s just say we’re feeling optimistic about the future. Many of you may have been waiting for a housing crash or correction. But where is it? In short, it never happened. Home prices kept climbing, rent prices finally stabilized, and mortgage rates stayed at eye-watering highs. What’s coming next for the 2025 housing market? Are things about to get better (or worse) for homebuyers and real estate investors?

This is when Dave takes out his crystal ball (federal housing data and spreadsheets) to predict what’s to come in the new year. He’s giving his full forecast on three crucial topics, home prices, mortgage rates, and rent growth, and explaining his predictions and reasoning behind them. If Dave is correct, it may be a good year for real estate investing. Don’t believe us? Stick around!

Coming up after this episode, Dave is piggybacking off of these predictions to show you why real estate could be the single greatest investment in the coming years. If you’re on the fence about buying a home or investing for the first time, this data-driven episode could get you out of analysis paralysis!

In This Episode We Cover:

Why 2025 is already shaping up to be an excellent year for real estate investors and homeowners

Dave’s 2025 mortgage rate range and whether we’ll see some interest rate relief

The reason why home prices could still grow even with so many potential homebuyers sitting on the sidelines

Are foreclosures and mortgage delinquencies a threat to the housing market?

Why 2026 could be the year everything changes for rent prices (and what to expect in 2025)

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

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Get Ready to Invest with Dave’s Book “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

How to Invest in Real Estate in 2025 (with NO Experience)

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1065

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Welcome to the 2025 housing market! It’s a new year, and if you’re ready to invest more, get closer to financial independence, or finally find and buy your first home, we’re here to help. 

We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why!

We’re recapping our 2024 progress and giving you tips on what to buy based on your goals. Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game. If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time.

Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! 

In This Episode We Cover

The easiest way for beginners to start investing in real estate in 2025

Key economic indicators we’re watching during the 2025 housing market 

What strategies we’re switching up in 2025—and what won’t work this year

How to invest based on your goals and whether you should prioritize active vs. passive income

Our 2025 goals: how many properties we’ll buy, flip, or test with new strategies

And So Much More!

Links

The House Flipping Framework 

Scaling Smart

Start with Strategy

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1064

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Got a late start on your retirement planning? Do you feel like you missed the boat and won’t be able to retire on your timeline? We’ve got good news for you in today’s episode—it’s never too late for retirement (and even EARLY retirement!). No matter what age you’re at, how much you have in the bank, and how much you make, you CAN retire on your terms, and our guests will prove it. The question is, will you follow through on their time-tested system for reaching retirement?

Bill Yount and Jackie Cummings Koski from the Catching Up to FI podcast are here to show you that whatever your situation is, you can get on track for retirement. Bill and Jackie both were late starters, only taking retirement seriously decades after starting their working careers. Even with their “late start,” Bill and Jackie were able to massively multiply their net worths and retirement savings, allowing them to reach financial freedom on their terms.

In today’s show, Bill and Jackie walk through the four steps that anyone can take to begin saving for retirement. You don’t need ANY money to take these initial steps, but doing so will change your entire financial future. Stick around for our next show as we get into the nitty gritty of retirement planning and put you directly on the path to retirement or early retirement!

In This Episode We Cover:

The four steps anyone can take to reach retirement

Why it’s okay to be a “late starter,” especially when it comes to retirement planning

How to do a “backward budget” to quickly and easily see how much you’re spending 

Why you MUST look back on the financial “lessons” you’ve learned to build wealth now!

Getting clear on your goals and what you want to achieve so you can reach retirement

The “trifecta of mistakes” Bill made and how even that didn’t stop his financial freedom journey!

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

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The BiggerPockets Money Podcast

BiggerPockets Money 314 - Finance Friday: How to Get to Early Retirement Even Faster

BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!) w/Bill Yount and Becky Heptig

BiggerPockets Money 527 - Retired at 49 on an Average Salary after Getting a “Late Start” to FIRE w/Jackie Cummings Koski

Catching Up to FI

Reach Financial Independence Faster with "Set for Life"

Find an Investor-Friendly Agent in Your Area

BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!)

Connect with Scott

Connect with Mindy

(00:00) Intro

(03:02) Late Start, Early Retirement

(07:49) Before You Can Start

(09:55) “Backwards” Budgeting

(19:12) Make a Plan

(30:41) Acknowledge Your “Lessons”

(35:20) Stick Around!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1063

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It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well!

Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! 

In This Episode We Cover:

Updated 2025 housing market predictions and where home prices and mortgage rates could go

How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!)

Real estate markets that have the most investment potential in 2025 

Why we’re all becoming bullish on lower mortgage rates, EVEN with persistent inflation 

Did we ever actually make it into recession territory in 2024? 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube

Check Out "On the Market"

Grab James’ New Book “The House Flipping Framework”

Find Investor-Friendly Lenders

2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities

Connect with Dave and Our Panel of Expert Guests:

Dave Meyer

Henry Washington

James Dainard

Kathy Fettke

(00:00) Intro

(04:10) Zillow's 2024 Predictions

(13:05) Home Prices

(16:06) Recession Risk

(17:56) Mortgage Rates

(18:56) Best Markets to Invest

(21:36) 2025 Home Price Predictions

(25:19) 2025 Mortgage Rate Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1062

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Want 100% passive income? As in no tenants, toilets, phone calls, or painting! You can get genuinely passive income through one type of investment—real estate syndications. Never heard of them before? You’re about to have your world flipped upside down because today, Jim Pfeifer, host of PassivePockets: The Passive Real Estate Investing Show, is on to walk you through real estate syndications, even if you’re a complete beginner!

Joining Jim is a long-time syndication investor and former professional football player (seriously!) Devon Kennard. Before syndications, Devon bought single-family homes during his NFL career, but as his time got increasingly limited, he needed a passive way to invest. The obvious choice? Real estate syndications! 

Jim and Devon deliver a masterclass on syndication investing, showing you how much money you’ll need, how to vet a syndication deal BEFORE you invest, the profits you could make, and red flags to watch out for. If passive income is your goal, syndications are for you; here’s everything a beginner needs to know!

In This Episode We Cover:

Real estate syndications explained and who should (and shouldn’t) invest in them

The minimum investment amount for real estate syndications (lower than you’d think!)

How to vet a syndicator (general partner) BEFORE you invest in their deal 

Why many real estate investors ditch rentals for the passivity of syndications 

Preferred returns, equity payouts, and other ways a syndication will make you money

What Devon and Jim look for in a syndication before they invest any money 

And So Much More!

Links from the Show

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PassivePockets: The Passive Real Estate Investing Show

Grab Devon’s Book, “Real Estate Side Hustle”

Property Manager Finder

The Ultimate Guide to Real Estate Syndication

Connect with Devon

Connect with Jim

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1061

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Want to invest in real estate in 2025? Then this is the show to listen to. We’ve had some phenomenal guests on the show this past year. This time, we rounded up our favorite tips from them, ranging from starting with $50,000, which markets to buy in, and how to retire early with fewer rentals, and compiled them into one life-changing episode. These were the episodes you all loved the most, so we’re taking the golden nuggets and giving them to you today!

Is it still worth it to invest in real estate when prices are so high, and affordability is so low? CEO of BiggerPockets, Scott Trench, gives his honest, raw opinion. Next, two investors who retired with small real estate portfolios share why you DON’T need dozens of rental properties to reach financial freedom. You might need just one! Plus, we’ll show YOU the best way to start investing with $50,000.

Finally, we’re breaking down the real estate markets we believe are the best for beginners and the ones with the most bang for your buck. Will Trump’s housing policies change the market? What will tariffs and tax cuts do to real estate? Stick around; we also share our thoughts on Trump’s 2025 plans! 

In This Episode We Cover:

How to retire early with fewer rental properties by building a “small and mighty” real estate portfolio

Why this expert investor only has ONE rental property (and doesn’t plan to buy more)

How to invest in real estate with just $50,000 (beginner-friendly tactics!)

The best real estate investing markets that we’d start in if we were beginners 

What the Trump administration’s proposals could mean for the housing market 

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube

BiggerPockets Real Estate Episode 1,004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson

BiggerPockets Real Estate Episode 1,007 - Where We’d Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington

BiggerPockets Real Estate Episode 1,024 - A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing) w/Mike Baum

BiggerPockets Real Estate Episode 1,028 - How to Invest in Real Estate with $50K in 2024 w/Ashley Kehr

On the Market Episode 250 - Trump vs. Harris Economic Plans: Taxes, Affordable Housing, and Inflation w/Joel Naroff

Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here’s Why.

Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why.

Top 10 Real Estate Markets for Cash Flow in 2024

Trump Wins Presidential Election: What It Means for the Housing Market

Grab Chad’s Book, “The Small and Mighty Real Estate Investor”

Find Investor-Friendly Lenders

BiggerPockets Real Estate 1,000 - Real Estate Is Changing, and So Is BiggerPockets

Connect with Dave

(00:00) Intro

(02:34) Is Real Estate STILL Worth It?

(11:06) Retire Early with FEWER Rentals!

(22:57) Don't FOMO Into Investing!

(29:20) How to Invest $50K

(42:06) Best Markets for Beginners

(53:08) Trump’s Tax Cuts, Tariffs

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1060

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Real estate investing may not see an opportunity like this for years. We’re in one of the wildest economic periods: mortgage rates are high, inflation has cooled, stock prices are hitting records, and the housing supply chain is slowing dramatically. What happens next? In short, something really, really good for real estate investors. And this isn’t hype—it’s precisely what the data points to. 

Ben Miller, Fundrise CEO and one of our favorite macroeconomic experts, is back to break down his four data points that directly point to a win for real estate investors in 2025 and beyond. Answer this: what happens when housing supply is low, little to no new inventory is coming online, interest rates come back down, and everyone’s competing for homes? The answer: prices go up. 

That reality is coming to fruition soon, and those who already own real estate are poised to reap significant profits. Those who sat on the sidelines will be forced to compete with other buyers as sky-high demand returns. But that’s not even Ben’s entire argument. He brings even MORE data to make the case for real estate in 2025—and it’s a case you shouldn’t ignore.

In This Episode We Cover:

An expert’s case for real estate investing in 2025 and why it isn’t too late to get in

Why commercial real estate could be close to the bottom (and be rebounding soon)

The stock-to-real-estate correlation that BROKE last year (and what it means)

The reason Ben believes new Trump tariffs could be good for homeowners and investors 

Why the housing undersupply problem could get even worse in 2025, 2026 

What happens when interest rates fall and demand for homes returns? 

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube

Put Your Vacation Rental on Autopilot with Hospitable

Grab Dave’s New Book, “Start with Strategy”

Find Investor-Friendly Lenders

Redfin’s 2025 Housing Market Predictions (Home Prices, Mortgage Rates, & More)

Connect with Ben

Connect with Dave

(00:00) Intro

(01:05) The Case for Real Estate in 2025

(02:58) 1. Real Estate is Cheap(er) Now (Timestamp)

(06:15) Have We Bottomed? (Timestamp)

(09:02) 2. The "Inverse Correlation" Begins

(15:02) 3. Housing Supply Will Crash

(19:41) Tariffs Will Help

(24:06) 4. Interest Rates Will Fall

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1059

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Dave said he’d never flip a house. He doesn’t have the handyman skills; he doesn’t like managing contractors, and he can’t design a floor plan. So why now, coming into 2025, has he decided to flip his first house? It’s simple—an opportunity was presented to him that he couldn’t pass up. Partnering with expert investor James Dainard, Dave is flipping this house with James acting as the operator and Dave as the investor. If you’ve ever wanted to get into house flipping but felt like Dave, this episode will show you how to start.

If Dave isn’t managing contractors or handling permits, what role does he play? Today, Dave and James are walking through their unique house-flipping partnership, explaining why James made an offer on the property within hours of hearing about it, their rehab budget, renovation plan, potential profit, and some hiccups they could run into (asbestos!). 

James is even sharing his expert tips on how to know a property is worth buying for a flip and questions you must ask a flipper or lender BEFORE you start working with them. We’ll keep you updated on this flip’s progress so you can see exactly what goes right, what goes wrong, and how much money this property will make! 

In This Episode We Cover:

How to invest in house flipping even if you have ZERO renovation/remodeling experience 

Finding the deal and why you need to have relationships with wholesalers 

How to spot a great potential house flip—and one HUGE red flag to avoid at all costs 

Two ways to raise money for your house flips (debt vs. equity) and the pros and cons of both

Picking a real estate investing partner and questions you must ask before you work together 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

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Hear Dave and James on On the Market

Grab James’ New Book, “The House Flipping Framework”

Find Investor-Friendly Lenders

Flipping Houses: How to Get Started and Everything You Should Know

Connect with James

Connect with Dave

(00:00) Intro

(02:23) Finding the Deal

(03:30) Purchase Price, Rehab Costs, & Comps

(08:16) Signs of a Good Flip

(11:52) Permits, Plans, and...Asbestos!

(13:50) How to Passively Invest in Flips

(18:53) Picking a Partner

(29:02) Ask THESE Questions

(33:28) Follow the Flip Progress!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1058

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When is seller financing worth it (as a buyer AND a seller)? Do you need an LLC to start investing in real estate, and will it help you buy more deals? Can you BRRRR (buy, rehab, rent, refinance, repeat) your primary residence to realize some serious home equity gains? We’re getting into these topics and more as we answer YOUR questions from the BiggerPockets Forums. 

First, a seller has been presented with an interesting seller finance offer. Should they take it? How do they vet the buyer before giving them the house in exchange for monthly payments? We’ll explain when seller financing makes sense for sellers and how buyers can create compelling offers. Next, do one-bed, one-bath rentals do well, or are they too small for most areas? 

How can you use your primary residence to build wealth without renting to tenants? We’re talking about the new BRRRR, or as Dave calls it, the LIFLOC (we’ll describe it in detail!). Do you need an LLC to invest? Most new investors get this totally wrong. Finally, why do investors and agents think so poorly of wholesalers? Do we ever use them? And how do you tell a good one from a bad one? 

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

In This Episode We Cover:

Whether or not you should accept a seller finance offer on your house vs. a loan or cash

Why we LOVE small rental properties (one bed, one bath) even though most investors avoid them 

Using the “BRRRR” method to turn your primary residence into a wealth-building property 

LLCs for real estate, when you need one, and whether they’ll help you buy more deals 

Working with real estate wholesalers and the legitimate reason why so many investors/agents avoid them 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube

Invest in High-ROI Turnkey Rentals with Rent to Retirement

Grab the “BRRRR” Book

Find an Investor-Friendly Agent in Your Area

What Is Seller Financing in Real Estate?

Connect with Henry

Connect with Dave

(00:00) Intro

(00:54) Should I Seller Finance?

(07:38) Buy 1 Bed/1 Bath Rentals?

(12:51) Best Home Investment Ever?

(18:21) Do I Need an LLC?

(22:51) Working with Wholesalers

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1057

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Redfin just released their highly-anticipated 2025 housing market forecast, and today, we’re reacting to each of their ten crucial housing market predictions. We’re touching on the exact numbers you want to hear about—home prices, mortgage rates, home sales, rent prices, and housing supply. Knowing what’s coming could give you an edge as an investor, agent, or first-time homebuyer.

First, we’re reviewing Redfin’s home price predictions for 2025. Will things get any more affordable, or will high home prices persist into 2025? Will mortgage rates finally reach the low sixes, maybe even into the high fives? Dave disagrees with Redfin’s take on interest rates, so where does he think they’ll be headed?

If you’re a real estate agent, broker, loan officer, or in the industry, listen up! Redfin has some good news you want to hear about home sales! Renters and landlords, take note—Redfin’s predictions suggest rents could become more affordable for everyday Americans. But that’s not all; we’ll also review their housing inventory, agent commission, and migration predictions for 2025!

In This Episode We Cover:

Redfin’s notable 2025 mortgage rate prediction that most homebuyers DON’T want to hear

2025 home price forecast and whether or not we’ll continue to see prices climb 

The “step in the right direction” for home sales coming in 2025

Why homebuilders are getting bullish thanks to the 2024 Republican sweep 

Why Gen Z may be the first generation to give up on homebuying 

And So Much More!

Links from the Show

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BiggerPockets YouTube

Redfin’s 2025 Predictions

Invest in High-ROI Turnkey Rentals with Rent to Retirement

Grab Dave’s New Book, “Start with Strategy”

Find Investor-Friendly Lenders

2025 Housing Market Predictions (+ How’d We Do Last Time?)

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1056

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Should you keep, refinance, or sell your rental property? If you’re sitting on a low mortgage rate and plenty of equity, you’ve probably asked yourself this once or twice within the past year. Most people who bought a rental property before 2020 have seen unprecedented appreciation and rock-bottom interest rates and are likely sitting on a war chest-sized home equity position. But that equity could be better spent investing in new properties than keeping your old ones.

This is Dave’s exact predicament. He’s got a property he bought back in 2016 that has over $300,000 in home equity. It’s cash flowing a solid $500 per month with a mortgage rate of just under four percent, but only producing a measly two percent cash-on-cash return. He’s getting four times the return on his recent investment property purchases, so should he sell? Not so fast; we’re doing the math to figure out whether he should keep, refinance, sell, or change strategies on this property.

Got the same good problem? Stick around as we even drop a fifth option most investors overlook entirely, which gives you the best of both worlds. 

In This Episode We Cover:

Whether to keep, refinance, or sell a low-performing rental property 

The obvious problem with cash-out refinancing in 2024/2025 

Why we DON’T love doing 1031 exchanges (and a tax-advantaged way around them) 

Converting your long-term rental into a medium or short-term rental (MORE cash flow!)

How to access home equity WITHOUT refinancing your property or getting a new loan 

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

Grab Dave’s Latest Book, “Start with Strategy”

Get a Quote on Your Next Short-Term Rental Loan with Host Financial

Find Investor-Friendly Lenders

Keep or Sell? What to Do When Your Rental Doesn’t Cash Flow

Connect with Henry

Connect with Dave

(00:00) Intro

(01:20) Property Details

(04:51) 1. Keep the Property

(07:12) 2. Refinance the Property

(10:29) 3. Sell the Property

(17:12) 4. Convert Into a Mid-Term Rental?

(21:10) The Best Option?

(22:24) 5. Use Home Equity Instead

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1055

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Why does this veteran real estate investor say that early retirement and financial freedom are a bad idea? Why does he think renting, NOT buying a house, makes more sense for most Americans in 2025? And what’s the one mistake that lost him hundreds of thousands of dollars even after being an experienced investor for decades? Jonathan Greene, one of our favorite repeat guests, is back on the show to share.

Jonathan’s father, a serial real estate investor, taught him everything about rental properties early on. Together, they walked potential properties, snuck into foreclosed homes, reviewed the profits and figures line by line, and even dealt with evictions together. This equipped Jonathan with the skills to not only build generational wealth for his family but also financial freedom for himself. However, once he achieved it, Jonathan realized that early financial freedom wasn’t worth it. But why?

This episode looks into the mind of one of the most experienced investors in the entire industry. Jonathan shares why he still decided to work even after building a real estate portfolio, the investment he made that cost him severely, why he’s moving his money into a more “passive” investment, the reason renting makes MORE sense than buying in 2025, and what a beginner should do RIGHT NOW to start investing in real estate.

In This Episode We Cover:

The reason Jonathan says early retirement/financial freedom is a mistake 

One thing every beginner to real estate investing should be doing right now 

Jonathan’s huge loss and the lessons he learned about pricing yourself too high

Renting vs. buying and the obvious choice for most Americans in 2025

What to teach your kids about real estate investing and generational wealth

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

Buy, Rehab, Rent, Refinance, Repeat

The House Hacking Strategy

The Passive Real Estate Investing Show

Listen to Jonathan’s Podcast, Zen and the Art of Real Estate Investing

Invest in Turnkey Properties with REI Nation

Grab the Syndication Investing Book, “The Hands-Off Investor”

Find an Investor-Friendly Agent in Your Area

Renting a Home Is Financially Better Than Buying—Wait, What?!

Connect with Jonathan

Connect with Dave

(00:00) Intro

(01:26) Learning to Invest as a Toddler

(04:41) Teaching Your Kids About Wealth

(06:31) Flunking Out Then Back to College

(07:54) DON’T Retire Early!

(16:08) His Huge Losses

(17:02) What Jonathan Invests in NOW

(22:30) Don’t Buy a House?

(26:11) How to Start TODAY

(32:39) Exposing Your Kids to Real Estate

(35:34) Connect with Jonathan!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1054

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The 2024 housing market was nothing short of "wild," to put it lightly. We came from years of unprecedented growth, rock-bottom mortgage rates, and fiery homebuyer demand. While some predicted a housing market crash, we were quite sure that real estate prices would stay stable—and that’s precisely what happened! So, before we enter the 2025 housing market, we’re recapping 2024 with all its trends and surprises so you don’t get caught off guard next year!

We’re touching on the big topics: prices, inventory, affordability, best and worst markets, and the commercial real estate crash. Why did prices RISE even when buyer demand fell significantly? Why did the existing housing inventory stay so low? And is now the best time to buy multifamily after its massive value drop in 2024?

Get prepared to make 2025 your best year yet, but don’t make the same mistakes of the past. Stick around; we’re giving you your 2024 housing market in review!

 In This Episode We Cover:

The biggest trends (and surprises) of the 2024 housing market

Why did home prices rise in 2024 even with buyer demand so low?

Our affordability crisis keeping many Americans renting instead of buying

The commercial real estate crash and why multifamily is seriously struggling now

Hottest (and coldest) real estate markets that nobody would have expected

The cities that are seeing the most rent price growth (and some with the least)

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

Grab Dave’s New Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

How to Invest in Real Estate in 2025 (with NO Experience)

Connect with Dave

(00:00) Intro

(01:12) Sluggish Homebuying

(03:03) REALLY Low Affordability

(06:19) The "Lock-In Effect"

(06:50) Home Prices Still Rising

(07:55) Worst/Best Markets

(10:54) Multifamily Crashed Hard

(15:52) Commercial Real Estate's Big Problem

(17:36) Rent Prices Still Growing

(20:16) Key Takeaways

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1053

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Should you borrow money for your first real estate deal? We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake?

This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know whether bankruptcy or late payments is an immediate red flag in a tenant application. She’s struggling to fill up her property, so should she take on a tenant with sub-optimal finances? What do you do when you inherit a tenant paying substantially under-market rent? How do you raise rents the right way?

Finally, Henry the house flipper shares his thoughts on the 70% rule and gives his own house-flipping formula you can perform on the spot to see if your deal is a steal!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

In This Episode We Cover:

Whether you should or shouldn’t borrow private money for your first real estate deal

Tenant red flags and what to do when you’re struggling to fill a vacancy 

Raising rents on inherited tenants and why we DON’T ask for market rates 

How to attract better tenants to your rental property (and whether to lower the price)

Henry’s house-flipping formula that beats the 70% rule calculation

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

Grab Henry’s New Book, “Real Estate Deal Maker”

Find Investor-Friendly Lenders

The Comprehensive Guide for Financing Your Very First Real Estate Deal

Connect with Henry

Connect with Dave

(00:51) Use Private Money for FIRST Deal?

(06:21) Tenant Red Flags

(11:24) How to Attract Tenants

(13:47) Raising Rents on Inherited Tenants

(19:55) Ditch the 70% Rule?

(27:54) Ask Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1052

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Yamundow Camara grew up in The Gambia. After losing her parents at a young age, she was taken in by relatives who forced her to sleep on a dirt floor and treated her like a constant burden. Fast forward to 2024, Yamundow has over one hundred rental units and makes hundreds of thousands of dollars (if not millions) in passive income yearly. She STILL works a W2 while running her real estate portfolio. If she could do it, you can, too.

If you missed Yamundow’s first episode, we highly recommend listening to it after this one. She goes into great detail on her troubling upbringing, moving to the US, and buying her first real estate deal. Now, she’s gone bigger…much bigger—scaling from thirty-two units to over 150 rental units in just over a year. And she’s not just in residential real estate anymore.

Yamundow discusses the deals she’s bought, the hellish renovation project she went through, and her newest commercial real estate asset—a cash-flowing self-storage facility that takes just thirty minutes a week to manage! Yamundow is the epitome of “rags to riches.” We guarantee you’ll be inspired to invest after you hear this one!

In This Episode We Cover:

Going from complete poverty to millionaire by scaling smart in real estate

Why Yamundow started investing in self-storage recently instead of rentals 

The reason Yamundow STILL has her W2 job (and thinks you should NOT quit!)

What to do when the city government is ruining your renovation plans

Finding real estate deals for sale on…Facebook? Here’s how Yamundow does it

Sponsoring orphans, writing a book, and Yamundow's big TV show dreams

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Shop the BiggerPockets Bookstore Black Friday SALE

Interested in Self-Storage Investing? Grab the Book, “Storing Up Profits”

Find Investor-Friendly Lenders

From Sleeping on the Floor to Making $80K/Month (in 2 Years!)

Connect with Yamundow

Connect with Dave

(00:00) Intro

(01:22) Sleeping on Dirt Floors After Losing Everything

(04:55) 32 Units While Working a W2!

(09:15) Inspiring Others to Invest

(10:27) A Hellish 12-Unit Renovation

(15:27) Financing and Working with Contractors

(18:13) BIG Section 8 Cash Flow

(20:54) Getting into Self Storage Investments

(25:36) Supporting Her Family

(29:58) What's Next?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1051

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While short-term rentals are seeing slowing demand, mid-term rentals are taking off (and fast). Mid-term rentals, also called medium-term rentals or MTRs, are thirty-day or longer stays, usually for traveling professionals or those who need temporary housing while relocating. These rentals give you more rent than a regular long-term rental, less turnover than short-term rentals, and can be successful in even the most average of markets. Where are MTRs heading next? We brought on Jeff Hurst, CEO of the leading MTR listing website Furnished Finder, to share the data he’s seeing.

Jeff believes MTRs are still years away from peaking in demand and supply. But maybe he’s a little biased as someone who works in the field. Even as an industry insider, Jeff brought some solid stats that show that MTR is far from falling off the investing map. He’s so bullish on this strategy that he believes MTR is now where Airbnb was in 2012. But what should you do to get in on MTR investing?

Jeff shares the best MTR markets and signs for whether or not your city could be a great place to try it, plus the surprising property type that works best for this strategy (MUCH more affordable than short-term rentals) and how landlords and investors can find tenants WITHOUT going through pricey booking platforms.

In This Episode We Cover:

The state of the mid-term rental market and why it’s looking much brighter than short-term rentals

Mid-term rental investing explained, and who’s staying at these properties

Why rural markets actually make terrific mid-term rental investing areas

How to start investing in mid-term rentals WITHOUT owning a single property (rental arbitrage)

How to find tenants for your mid-term rentals without paying high listing fees

The (surprisingly) small property types that work best for mid-term rentals

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Shop the BiggerPockets Bookstore Black Friday SALE

Grab the MTR Book, “30-Day Stay”

Find an Investor-Friendly Agent in Your Area

How to Invest in Medium-Term Rentals

Connect with Henry

Furnished Finder Stats

Connect with Dave

(00:00) Intro

(03:10) What Are Mid-Term Rentals?

(07:33) Mid-Term Demand is Still Growing

(12:18) Best Mid-Term Markets

(20:39) Are We Past the Peak?

(22:46) Finding Tenants

(26:38) Fewer Regulations?

(32:42) Bullish on Mid-Term’s Future

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1050

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Most people get turnkey real estate investing all wrong. They either think it’s a completely hands-off investment like stocks or that all turnkey real estate companies offer the same product. Both of these assumptions can be dangerous when investing in what should be an easier, less stressful, and far more scalable type of real estate investment—turnkey rentals. If you invest in truly turnkey real estate, you’ll get all the benefits of regular rental properties with MANY of the headaches already dealt with. What do we mean?

We’re bringing back repeat guest Chris Clothier, turnkey provider and investor for over twenty years, to explain exactly what turnkey real estate is and whether or not it’s right for you. Chris describes the danger of thinking that every “turnkey” company is actually turnkey and signs that the company you’re dealing with could be selling you a bad deal. Plus, who should buy turnkey in the first place? Is it only for beginners, or do experienced investors move their money into these properties, too?

How much money do turnkey properties make? We’re sharing those stats and the two questions you MUST ask a turnkey company before you work with them!

In This Episode We Cover:

Turnkey real estate investing explained and why so many investors get this definition wrong 

How much turnkey rentals can make you in 2025 (actual return estimates) 

The two questions you MUST ask a turnkey provider to prove they’re legit 

Signs of a good turnkey real estate deal and why you should NOT buy properties under a certain price point 

Why turnkey real estate investing isn’t just for beginners 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

BiggerPockets Real Estate  26 - Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier

BiggerPockets Real Estate 122 - 5 Myths Holding Investors Back From Real Estate Greatness with Chris Clothier

BiggerPockets Real Estate 224 - Building a Process to Buy 17 Deals a Week with Chris Clothier

BiggerPockets Real Estate 380 - Profitable Landlording in a Crisis with Mike Butler, Chris Clothier, and Dave Poeppelmeier

Grab Dave’s New Book, “Start with Strategy”

Property Manager Finder

Turnkey Real Estate Investing: Complete Guide

Connect with Chris

Connect with Dave

(00:00) Intro

(03:49) Turnkey Investing 101

(07:11) Who Should Buy Turnkey?

(19:37) Signs of a Good Deal

(22:53) 2 Questions You MUST Ask

(28:00) Turnkey Rental Returns in 2025

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1049

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Would you spend thirty hours finding a deal if it could make you over $100,000? Of course you would! And that’s exactly what David Lecko, CEO of DealMachine, suggests you do to find better real estate deals in 2025. After hundreds of calls and mailers, an extensive rehab, and two appraisals, he walked into six-figure equity on a single rental property!

Welcome back to the BiggerPockets Real Estate podcast! David has achieved financial freedom by building a real estate portfolio of nineteen cash-flowing, appreciating properties. His big secret? Buying the same property over and over in a market he knows inside out—Indianapolis, Indiana. He’ll scour tax-delinquent lists for distressed properties that fit his buy box and use the BRRRR method (buy, rehab, rent, refinance, repeat) to snowball into his next deal.

But now that David has moved to Austin, Texas, he faces a brand-new challenge—investing in real estate out of state. While most investors would hire a property manager to oversee their properties, David self-manages from hundreds of miles away and employs an assistant to be his eyes and ears. Tune in as David shares all of the details on his latest deal and the strategies investors can use to gain a competitive edge in 2025!

In This Episode We Cover:

The strategy David used to make $100,000 on ONE real estate deal

How to self-manage your rental properties (from hundreds of miles away)

Why the BRRRR method (buy, rehab, rent, refinance, repeat) still works today

How to scale faster and make higher returns by staying within your buy box

The midwestern markets that allow you to earn cash flow and appreciation

Why you shouldn’t wait for interest rates to drop to buy your next property

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Buy the Book “Rich Dad Poor Dad”

Find an Investor-Friendly Agent in Your Area

From Burnt-Out Tech Worker to $95K in Passive Income in 2 Years

Connect with David

Connect with Dave

(00:00) Intro

(02:32) Tax-Delinquent Properties

(07:46) $100K from ONE Deal

(13:10) David’s Buy Box

(17:12) Self-Managing (Out of State!)

(23:23) David’s Plans for 2025

(27:31) HUGE Market Opportunities

(31:42) Connect with David!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1048

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Has the Federal Reserve gone too far? Many Americans are critical of the Fed’s move to raise interest rates sharply, pause for years, and then slowly start implementing rate cuts. The arguably most prominent critic of the Fed? President-Elect Donald Trump, who, shortly after nominating the current Fed chair, Jerome Powell, reversed his opinion on whether Powell was the right person for the job.

Now, with Trump coming back to the White House, Powell’s job hangs in jeopardy—or does it? Can a President fire the Fed chair? Does the President have the authority to influence how the Fed operates? What would happen if Trump decided to go after Powell and request his resignation? Nick Timiraos, reporter at The Wall Street Journal and Federal Reserve expert, is on to answer these questions.

Nick gives us the latest update on rate cuts, where the Fed is headed, how the future of the Fed looks with Trump back in office, and why some politicians champion “Fed Independence,” while others argue that Fed power has overstepped its bounds. Are Trump and Powell more aligned than they think, and is this government drama all talk? We’re getting Nick’s expert viewpoint on it all. 

In This Episode We Cover:

Why “Fed Independence” could actually be a crucial piece to keeping the economy stable 

Whether or not Trump has the authority to fire and replace a Fed chair 

Future rate cuts, inflation concerns, and the Fed’s latest “signal” on rates 

Powell’s simple response when asked if he would resign because of Trump’s request 

Why the Fed does NOT have to answer to the President (and is this a good thing?)

Trump’s proposed tax and tariff policies and why they could challenge the Fed

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Nick’s WSJ Articles

Grab Dave’s New Book, “Start with Strategy”

Find Investor-Friendly Lenders

Trump May Consider Shaking Up the Federal Reserve If Elected—Here’s What That Could Look Like

Connect with Dave

(00:00) Intro

(01:52) Latest Fed Meeting Update

(03:04) More Rate Cuts Coming?

(05:07) Can Trump Change the Fed?

(08:45) Is the Fed Above the Law?

(16:42) Can Trump Fire Powell?

(18:53) What Happens Next?

(24:52) Trump's Tricky Policies

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1047

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Every landlord has some wild tenant stories. We’re sharing the ones you probably won’t believe in this episode. And we’re not just talking about a bad eviction or an upstairs neighbor blasting loud music. Instead, we’re talking about identity theft, living room toilets (this actually happened), random people sleeping on YOUR couch, and the mystery of the magically appearing staircase. 

Being a landlord isn’t always easy, but some stories make real estate investing truly worth it. We’ve seen some of our tenants turn their lives around completely, all by having a safe place to live. Even with all the chaos, broken toilets, non-paying tenants, and occasional hard conversations, being a landlord can be pretty rewarding. 

Do you have a tenant story you want to share? Drop it in the BiggerPockets Forums!

In This Episode We Cover:

Why you MUST have a (secured) separate entrance when house hacking 

The reason Henry now double-checks the identity of his tenants before signing a lease with them

Turning bad tenants into good friends by taking shots with them 

What to do when your tenants turn your living room into a bathroom (this one was pretty bad)

Why taking a chance on a tenant isn’t always a bad thing and how being a great landlord can turn people’s lives around 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Landlord the Right Way with “The Book on Managing Rental Properties”

Property Manager Finder

12 Tenant Nightmare Stories I Swear Are Actually True

Connect with Henry

Connect with Dave

(00:00) Who's In My House?!

(05:20) My Tenant Isn't Really My Tenant...

(12:04) Taking Shots with My Tenant

(16:39) They Did WHAT in the Living Room?

(25:53) The Tenants Everyone Wants

(29:35) Tenant Turning His Life Around

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1046

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What if, within ten years, you could reach financial freedom? Imagine it. You may have a high-stress job where you’re working long hours and making good money but feeling burnout creeping in. You NEED an exit strategy if you’re going to keep up with this lifestyle because before long, you may need an early retirement. That’s precisely how Benjamin Aaker, emergency medicine physician, felt.

Benjamin loves his work, and he’s still working today, but now, he has the option to leave when the burnout gets too much. After becoming an “accidental landlord,” Benjamin quickly saw the benefits of investing in real estate. He bought a few more houses and a multifamily building, then went bigger and bigger. Now, he’s equity-rich with a real estate portfolio that can support his lifestyle if he decides not to work.

Even if you’re not stressed out at your job (yet), Benjamin encourages you to financially prepare to exit your career, if just for peace of mind. He talks about how you can scale smarter, faster, and better with partners, why sometimes you need to get dirty to succeed in real estate, and how to juggle investing with your full-time job. 

In This Episode We Cover:

How to scale your real estate portfolio fast and reach financial freedom 

The crucial mistake Benjamin made when he bought his first big property 

Determining your financial independence timeline and when you want to be able to quit 

Appreciation vs. cash flow and the surprising choice Benjamin made to reach financial independence faster 

Vetting a real estate partner BEFORE you invest and red flags to look for

Syndication investing for beginners and using other people’s money to buy real estate 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Invest in Turnkey Properties with REI Nation

Grab “The Intention Journal”

Find an Investor-Friendly Agent in Your Area

How to Build a Real Estate Portfolio & Quickly Scale Your Investments

Connect with Benjamin

Connect with Dave

(00:00) Intro

(00:48) Got a High-Stress Job?

(02:30) The “Accidental” Landlord

(03:54) Becoming Work-OPTIONAL

(10:22) Equity Over Cash Flow

(14:31) Multifamily and BIG Syndication Mistakes

(23:55) A Really Crappy Problem

(27:30) Finding (and Vetting) Partners

(30:35) WAY Bigger Deals

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1045

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What makes a “good” real estate deal in 2025 and beyond? How much of a return should your investment property be producing? Are real estate returns good enough in this tough housing market to beat out other performing assets like stocks? Today, we’re sharing our exact investing criteria, defining what makes a “good” real estate deal to us, and how you can use key indicators to identify deals worth the effort.

We’re breaking this episode into a few parts as we touch on the primary types of investment properties: long-term rentals, short-term rentals, and house flips. Garrett Brown is our resident vacation rental expert and shares how he’s routinely getting twenty percent (or greater) returns by reinvesting in his short-term rentals. Next, familiar face James Dainard discusses the unbelievable house-flipping returns he nets, but are they worth the risk?

Finally, Dave shares the metric he goes after when investing in long-term, low-risk rental properties. Plus, we’ll share when it’s a better use of your money to reinvest in your current properties vs. going out and buying new ones!

In This Episode We Cover:

What makes a “good” real estate deal in 2025 and beyond

The massive return James is making with house flipping (and the HUGE risks he takes)

Garrett’s unique short-term rentals pulling in twenty percent (or higher!) average returns 

IRR (internal rate of return) explained and why everyone should calculate this when investing

When to buy more properties vs. reinvest back into your performing portfolio

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Get a Quote on Your Next Short-Term Rental Loan with Host Financial

Calculate IRR with Dave’s Book, “Real Estate by the Numbers”

Property Manager Finder

What's a "Good" Deal in Real Estate? 5 Criteria to Consider

Connect with Garrett

Connect with James

Connect with Dave



(00:00) Intro

(00:51) What's a "Good" Return?

(06:21) IRR (Internal Rate of Return) Explained

(07:59) What Makes a "Good" STR Deal?

(11:14) Flipping Houses (High Risk/Reward)

(16:43) Long-Term Rentals (Low Risk)

(23:17) When to Reinvest vs. Buy More

(29:23) Do This NOW!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1044

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

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