BiggerPockets Real Estate Podcast

“Should I refinance my home NOW or wait?” If you have bought a property in the past two years, every day looks like a better and better time to refinance your mortgage. After the Fed’s big rate cut last month, mortgage rates did the unexpected…they went UP. But, even with these slightly inflated rates, now is looking like a good time to refinance if you bought a home with a higher interest rate. So, should you take the risk of waiting for mortgage rates to drop or lock in these substantially lower rates now?

We don’t know what will happen next, so we brought on veteran lender Caeli Ridge to answer some of our more nuanced questions. Caeli summarizes where rates were, where they are today, and where they could be headed. If you want to know what refinance and HELOC (home equity line of credit) rates are right now, stay tuned because she shares exactly what her clients are getting.

What about paying no or low interest on your next HELOC? Caeli shares what may be the greatest HELOC hack we’ve ever heard of—one that gives you lots of liquidity while keeping your interest payments at the absolute rock bottom. You may have never heard of anything like it, so don’t miss this one!

In This Episode We Cover:

Where mortgage rates are right now for refinances and HELOCs

The HELOC hack that greatly minimizes your interest in your next equity line 

Caeli’s interest rate forecast and where she thinks rates could be in the near future 

When waiting to refinance could cost you, and whether rates may go UP again 

The metrics that influence where mortgage rates will go next (what to pay attention to)

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Wall Street wants a strong economy. It also wants Fed rate cuts. The two aren’t necessarily compatible

Invest in Turnkey Properties with REI Nation

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

Find Investor-Friendly Lenders

With Mortgage Rates Falling, When Should Investors Refinance?

Connect with Caeli

Connect with Dave

(00:00) Intro

(01:52) Interest Rate Update

(06:34) Why Rates Went UP

(11:59) Should You Refinance?

(18:17) Current Refi Rates

(19:37) Best HELOC Hack

(29:01) Interest Rate Forecast

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1034

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What if you could not only replace but make MUCH more than your W2 salary with real estate investing? Now, imagine you could do it all in just two years. Sounds impossible, right? Today’s guest did precisely that, with more barriers than most. Jon Boyd left his W2 job to pursue real estate investing full-time, all while having to provide for his family of six! Now, he’s making much more than his job ever paid him and is building serious wealth in the process. How’s he doing it? It’s simple: direct-to-seller strategies anyone can try. 

Unlike many real estate investors, Jon skipped heavily investing during the 2010s, so his wealth is NOT due to the rapid appreciation of 2020 - 2023. As his W2 whittled him down day by day, Jon knew he needed an exit option. So, he tried one simple direct-to-seller marketing strategy, found a great deal, made a serious profit, and decided, “Let’s go ALL-IN!” 

Now, just a few years later, he’s a full-time real estate investor, doing over a dozen house flips in a year, with a portfolio of five rental properties, and making MUCH more than his job was paying. The best part? He does almost all of it himself, and if you’re willing to push past your comfort zone, you can, too!

In This Episode We Cover:

The one direct-to-seller marketing strategy Jon uses to find off-market, undervalued deals

How to plan your financial safety nets when quitting your job for real estate 

How to talk to a potential seller so they feel comfortable giving you the deal 

The one thing you should do before you quit your job (or you’ll regret it!)

How Jon does over a dozen house flips a year with ZERO employees 

An unbelievably creative seller finance deal that most investors would never think of 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

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

Find Investor-Friendly Lenders

10 Steps to Kickstart a Winning Direct Mail Campaign

Connect with Jon

Connect with Henry

Connect with Dave

(00:00) Intro

(01:09) Given Golden Advice Early

(03:43) Quitting His W2 Job

(08:54) Taking a Big Risk

(12:21) Looking for Off-Market Deals

(16:10) Profit on Direct Mail

(19:09) How to Talk to Sellers

(22:56) Jon's Current Portfolio & Business

(24:24) Doing 12-14 Flips by HIMSELF!

(28:28) Most Creative Real Estate Deal Ever?

(31:49) Can Anyone Do This?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1033

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Are there “clues” that point to phenomenal real estate investing areas? We mean the areas nobody knew about until it was too late. The neighborhoods that seem to jump in price overnight, and everyone ends up saying, “I should have bought there when I had the chance!” What if there was a way to easily identify WHICH areas are in the “path of progress” and could make you serious wealth IF you buy today? We brought in an expert with two decades of experience picking these markets.

James Dainard is a rental property investor, house flipper, private money lender, and every other role you can think of in real estate. He’s been investing primarily in one market for his entire career: Seattle, Washington. But, even though he’s sticking to this specific market, he’s diversified by having investments all around the entire metro area, even in places most people wouldn’t DARE to buy in.

Today, he’s sharing his secrets, showcasing precisely what he looks at to identify these hidden but growing real estate areas WITHIN a market. We’ll discuss whether you should focus on the deal or the neighborhood first, “clues” that point to a solid investing area, why zoning will become your wealth-building best friend, and how to identify markets with solid cash flow or appreciation. 

In This Episode We Cover:

The “clues” that point to a rising real estate area most people DON’T know about yet

Whether to choose a neighborhood FIRST or evaluate a deal based on its neighborhood 

The magic of “upzoning” and how James uses this to boost his portfolio’s worth 

The “path of progress” that will have your home value rising FAR faster than others 

What to be cautious of when investing in a new area (these could ruin your real estate deal)

Data sources you can use right now to pinpoint exactly where to buy

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

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

Find an Investor-Friendly Agent in Your Area

Is That Neighborhood Up-and-Coming? Here’s How to Tell

Connect with James

Connect with Dave

(00:00) Intro

(02:35) Neighborhood or Deal First?

(06:51) “Clues” of a Great Neighborhood

(13:14) This is CRUCIAL

(19:57) The Path of Progress

(25:41) Stay Away from This

(31:44) Do This FIRST

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1032

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Want to invest in real estate but feel like you don’t have everything it takes? You know you need money for a down payment, skills to manage tenants/perform renovations, and time to find the deals in the first place. But what if you only have one of these? Can you still invest in real estate even without the missing pieces? Today, we’re going to show you how to do just that, no matter how much time, money, or real estate experience you’ve got. 

We’re walking through three scenarios with three different investors: Dave Meyer (who had no money/experience), Devon Kennard (who had money but no time/experience), and Tyler Madden (who had skills but limited time/money). Each of these investors was able to build a successful real estate portfolio, all while either being time-stretched, money-stretched, or not knowing how to swing a hammer. They’re sharing the secrets to hiring out/building the other skills so you CAN take down real estate deals, no matter what you’re working with.

If you can combine all the pieces of this “resource triangle,” you have FAR higher chances of succeeding in real estate investing and reaching financial freedom. If you’re a rookie with no real estate to your name, worry not—we’re teaching you what you need to know in today’s episode. 

In This Episode We Cover:

The “resource triangle” investing theory and the three things you need to succeed (YOU don’t need all three!) 

The most overrated skills in real estate that you can survive without 

Building a team and hiring out/outsourcing the resources that you lack 

How to start investing if you ONLY have time, money, OR real estate experience 

Crucial skills that we WISH we had (you can make a LOT more money with these) 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777

Grab the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Book

Find an Investor-Friendly Agent in Your Area

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

Connect with Devon

Connect with Tyler

Connect with Dave

(00:00) Intro

(04:54) Got Skills, But No Time/Money?

(11:51) Got Money, But No Time/Skills?

(18:24) Got Time, But No Money/Skills?

(20:23) Getting Your First Deal Done

(39:51) Building Valuable Skills

(37:18) Most Crucial (and Overrated) Skills

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1030

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What’s the best way to build wealth in 2024? For many, it’s “value-add” real estate investing. You might know what this is, but you may have never heard the term before. Value-add investing is when you buy investment properties, improve them, increase the cash flow, equity, or both, and reap the rewards by holding onto them as rentals or flipping them for quick cash. Today’s investor, Tom Shallcross, is doing just this, but he’s making BIG returns (six figures on flips!) and funneling those profits into his sizable rental portfolio. And he’s doing it all in 2024.

We know that everyone has told you how impossible it is to invest in real estate in 2024, but Tom instantly proves the naysayers wrong. Not only is he flipping houses, but he’s also buying rentals, BRRRRing (buy, rehab, rent, refinance, repeat), and doing it all in a competitive market—Chicago! So what’s he doing differently?

Tom gets the deals before the rest of the investors in his area can, takes on BIG house flips that most investors are too scared to, and constantly reinvests the profits into more real estate. He’s been doing it since 2016 and is STILL finding success in today’s market. How’s he getting the best deals sent to him? How’s he making such large profit margins? We’re uncovering his exact strategy and method in today’s episode. 

In This Episode We Cover:

“Value-add” real estate investing explained and why it still works in 2024

Knowing your neighborhood “class” and why Tom switched from C to A

How Tom is making six-figure profits on house flips even in today’s market 

Real estate partnerships and the skillsets you need to build a profitable flipping/rental/rehab business 

How to get real estate agents to send you properties BEFORE they hit the market 

Using short-term projects (flips!) to fund your rental property portfolio 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Find an Investor-Friendly Agent in Your Area

The “Value-Add” Playbook: How to Boost Equity and Bring in MORE Cash Flow

Connect with Tom

Connect with Dave

(00:00) Intro

(02:11) "Accidentally" Investing

(06:46) Getting Started in Cheap Neighborhoods

(09:47) Switching to A-Class Investments

(11:59) Finding Deals Before The Rest

(18:02) Current Flip Profits + Costs

(26:30) Boosting Your Rental's Income

(32:24) What's Next?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1030

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Real estate “boomtowns” present a massive opportunity to investors in 2024. A few years ago, buyers were fighting tooth and nail to purchase properties in Austin, Boise, Phoenix, and other red-hot markets. Demand was growing in these cities, and prices were shooting up with no end in sight. But then…it stopped. Prices started declining, vacancy rose, and investors were stuck holding onto properties now worth less than what they paid. The interesting part? These market declines might be only temporary, and those who don’t buy now could be kicking themselves a few years down the road.

To give us insight into which boomtowns are worth buying in and which are worth ignoring is Matt Faircloth, multifamily real estate investor. He saw many investors rush to these real estate boomtowns during the peak and are now struggling to fill their rental units as the boom became a bust. He’s identified a sneaky strategy that allows you to buy properties at a discount in these markets to make money while the FOMO investors search for an exit option.

We’ll talk about the cities with the most hype, the ones worth investing in, the future boomtowns that most are ignoring, and the massive opportunity of “economic spillover” that could lead you to markets with the best future potential.

In This Episode We Cover:

The future “boomtowns” that most investors have no clue about (get in early)

How boomtowns form and what to look at to tell if one is worth investing in 

When is it too late to invest in a growing city (metrics to check before buying)

The secondary markets with “economic spillover” boasting huge opportunity

The sneaky move Matt is using to buy boomtown properties at a discount 

What to do if you bought in a boomtown that is already declining 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Grab Matt’s Book, “Raising Private Capital”

Find an Investor-Friendly Agent in Your Area

Corporate HQ Relocations Could Signal the Next Real Estate Boomtowns

Connect with Matt

Connect with Dave

(00:00) Intro

(02:39) Real Estate "Boomtowns"

(06:07) How "Boomtowns" Form

(09:44) Cities with the Most Hype

(12:11) Hyped vs. Solid Housing Markets

(16:33) When Is It Too Late to Get In?

(20:41) HUGE Opportunity for Investors

(29:26) What “Boomtown” Investors Should Do

(35:15) Upcoming Boomtowns

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1029

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Want to know how to invest $50K in real estate? We’re going to show you exactly how to do it, EVEN in 2024. You can use any of the four strategies we share to start investing in real estate with $50K or less, and you don’t need previous real estate investing experience to try them out. Some of these strategies are best for those who already own a home or are willing to invest out-of-state. But even if you want to stay in your area while investing in real estate, we have an option for you!

Okay, so you’ve got $50K (or less) that you’ve saved up for your first real estate deal. Do you immediately start investing? NO. There are a few quick things that you need to do first (don’t worry, they’re free) before you can make your first real estate investment. Following these steps will help you make MUCH better choices on your next investment property and will let you sleep at night if/when things go wrong.

After that, you can choose any of the four beginner strategies to start investing in real estate (we’re not just talking house hacking!). We even share an expert tip about some of the best markets to get into as a beginner with solid demand and lower home prices, allowing you to invest if you’re getting priced out (or have too much competition) in the bigger cities!

In This Episode We Cover:

How (and where) to invest $50K in the 2024 housing market 

What you MUST do before you make your first real estate investment 

A tax-free way for homeowners to build wealth with properties they already own

The solid rental markets that have cheap home prices

Why you DON’T have to do it alone, and how to increase your investing budget 

The one tried-and-true best beginner investment almost every expert agrees on 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Buy Box Resource 

Real Estate Rookie Podcast

Real Estate Rookie YouTube Channel

Get Free Property Management Software for Landlords with Hemlane

Grab Ashley’s Book, “Real Estate Partnerships”

Find an Investor-Friendly Agent in Your Area

See Ashley and Dave at BPCON2024 in Cancun!

Why Your Small Town Is (Probably) the Best Place to Buy Rentals

Connect with Ashley

Connect with Dave

(00:00) Intro

(02:50) Can You Start with $50K?

(07:44) What to Do BEFORE You Invest

(13:02) 1. Add Value to Your Home

(19:10) 2. Buy a $160K Rental Property

(25:05) 3. Get a Money Partner

(32:21) 4. House Hacking

(34:47) DON'T Overlook These Markets

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1028

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After a strong case of “mommy guilt” working as an assistant principal, pregnant with her second child, Deba Douglas knew she needed a way out of the rat race. A run-in with Rich Dad Poor Dad prompted her to begin saving so she could start buying rental properties. She called her lender, found a property, and spent her and her husband's entire savings on the down payment. Little did she know that this one decision would set her life’s course in an entirely different direction.

Now, just seven years after first looking into real estate investing, Deba has thirty rental properties and doesn’t work at her W2 anymore! How did she do it so fast, especially with kids to care for, bills to pay, and no prior experience in real estate investing? One BAD piece of beginner advice could have thrown her entire investing career off track, but she quickly learned from her mistake and leveled up at light speed!

Deba is sharing how she went from real estate investing zero to hero, doing everything from BRRRR (buy, rehab, rent, refinance, repeat) investing, building new construction rental properties, flipping houses, and becoming an agent herself to help other investors. Want to escape the nine-to-five grind and get on the fast track to financial freedom? Do it all like Deba!

In This Episode We Cover:

The one critical mistake Deba made on her second deal that could have cost her severely

The truth about becoming a real estate agent (and why it isn’t as easy as you think)

Regular realtors vs. investor-friendly realtors (you CANNOT mix them up!)

When it’s time to quit your job and become a full-time real estate investor

Why Deba is still buying in a market that is seeing price declines in 2024

The massive benefits of new construction rental properties (and why they make sense in 2024)

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Grab the Book, “Rich Dad Poor Dad”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

Do You NEED an "Investor-Friendly" Agent?

Connect with Deba

Connect with Dave

(00:00) Intro

(02:00) Chasing Financial Freedom

(05:16) First Property, Then BIG Mistake

(14:16) Did It Work Out?

(15:59) Quitting Her Job

(20:53) Investing and Selling Homes

(23:06) Deba's Portfolio

(24:18) Building New and BRRRRing

(26:50) Investing in a Declining Market

(33:38) Goals and Best Beginner Investment

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1027

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For years, we’ve been told that lower mortgage rates could reignite homebuyer demand and help improve affordability so first-time homebuyers (or even rookie landlords) can finally buy their first property. But, with mortgage interest rates lowering right before our eyes, we’re noticing something peculiar—affordability isn’t improving. Home prices are staying stagnant, if not rising. Thanks to America’s “golden handcuffs,” we’re still in a housing market standoff, but there might be some solutions to fix it.

We’re bringing on The New York Times’ Rukmini Callimachi, a real estate correspondent, to shed light on the vast affordability crisis affecting America. With homes “unmanageably expensive,” regardless of whether you’re renting or buying, we need solutions that don’t just spark up demand (like lowering mortgage rates). There’s one glaring problem plaguing the property market, but why won’t anybody fix it?

Today, we're cracking this discussion wide open, speaking on the solutions that could ACTUALLY increase affordability in the future, the rising homelessness problem affecting working Americans and students, and how NIMBYism (not in my backyard) could be forcefully put to stop as communities struggle to build enough housing. If you want to get in (or get back in) the real estate game, whether as an investor, house hacker, or first-time homebuyer, these solutions could directly affect you!

In This Episode We Cover:

Housing inventory update and the “golden handcuffs” keeping housing constrained 

Why homebuyers are stuck and the magic interest rate that could unlock demand 

The root of our housing problems and what we must do NOW to fix it 

Growing homelessness (even among working adults) and why housing costs have gotten too high 

Modular home building and how this new type of construction could change the housing market forever 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

On the Market

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

Find Investor-Friendly Lenders

See Dave at BPCON2024 in Cancun!

Cheaper, Faster, and Better for Investors: Modular Homes Make a Comeback

Read More from Rukmini

Interest Rates Have Dropped, but Homeowners Are Not Moving

Connect with Dave

00:00 Intro

02:35 America’s “Golden Handcuffs”

06:52 Homebuyers Are Stuck

11:30 Affordability Solutions

23:55 Growing Homelessness

26:14 Construction MUST Change

29:56 Let’s Get DENSE

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1026

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Can you make the same returns as active real estate (if not more) with “passive” real estate investing? What if you’ve got a busy day job, hobbies you want to pursue, or don’t have the landlording drive to build a rental property portfolio? Well, passive income investing might be just what you need. How do you know you’re the right fit for it, and what kind of real estate investments are the most passive? We’re giving you what you need to get started.

We’ve got two active and passive real estate investors, Devon Kennard (former NFL player!) and Kathy Fettke, on the show to break down the differences between active and passive real estate investing. We’ll discuss who should invest in each type and whether it’s worth it to stay at your job and invest passively on the side. Plus, we’re all sharing our favorite active and passive investments that we’re putting our money into today.

But how much of a return can you make when you’re investing passively, doing less of the work? We’re giving you real return numbers from some of our passive income sources so you can know what to expect when putting your money to work.

In This Episode We Cover:

Active vs. passive real estate investing and which one YOU should choose

How much you can make with passive investing and the returns we’re getting 

Why you may NOT want to quit your job to go into real estate (you can STILL invest)

Real estate note investing and why Devon is going all-in on this active/passive investment 

Why new real estate investors should NOT be passively investing…yet 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

On the Market Podcast 

PassivePockets Podcast

Scaling Smart

Start with Strategy 

Try Baselane, the One Platform for All Your Property Banking & Finances

Pre-Order Devon’s New Book, "Real Estate Side Hustle"

Property Manager Finder

See Dave, Devon, and Kathy at BPCON2024 in Cancun!

What Is Passive Real Estate Investing And Is It Right For You?

Connect with Devon

Connect with Kathy

Connect with Dave

(00:00) Intro

(03:18) Active vs. Passive Investing

(09:13) Who Should Passively Invest?

(14:45) Better Returns with Passive Investing?

(19:20) Who Should Actively Invest?

(25:42) Real Estate Note Investing

(28:59) Best Active and Passive Investments

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1025

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

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Mike Baum owns just one rental property, but this one property alone has changed his life. It’s allowed him to become such an investing expert that he’s constantly being asked for his opinion on the BiggerPockets forums, and he provides some of the most well-thought-out investing advice on the internet. So why does he have just one rental property, and why doesn’t he grow using his expertise? The answer isn’t that obvious. 

You wouldn’t know it, but Mike is permanently disabled. After overworking so hard that he ended up losing his vision, he was placed on disability for the rest of his working career. This high achiever was forced to slow down and find something else that could replace his day job. Shortly after his diagnosis, he found BiggerPockets and turned a family vacation home into a short-term rental.

Now, he’s got systems and processes that help him self-manage with very few headaches, and he will probably keep this property as his one and only rental for life. Why didn’t he “FOMO” in when everyone was gobbling up real estate in 2020? Why didn’t he grow his portfolio to become the next tycoon? Mike has some clear answers for why he did what he did, and after listening to him, you might change what you want, too. 

In This Episode We Cover:

Why you DON’T need a large real estate portfolio to find financial success when investing

Why Mike tells beginner investors that they should NOT buy a short-term rental property

The systems and processes Mike made to automate his vacation rental self-management (so he works less!)

One thing you should do NOW before you start investing in real estate (it’s free!)

The real result of “FOMO” investing and how to stop shiny object syndrome from blowing you off course 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Short-Term Rental & Airbnb Investing Forum

Ask Your Question on the BiggerPockets Forums

Grab the Book, “Short-Term Rental, Long-Term Wealth”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started

Connect with Mike

Connect with Dave

(00:00) Intro

(02:34) Losing Sight After Overworking

(05:24) Empty Lake House?

(08:52) Managing a Vacation Rental

(12:20) Know This BEFORE You Buy

(17:17) Just ONE Property

(20:56) No-FOMO Investing

(26:21) A “Very Interesting” 2025

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1024

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Cash flow is hard to find in 2024, but these real estate markets have plenty of it. Since so many previously “cash-flowing” markets have seen rising prices, higher expenses, and limited housing inventory, we went back to the drawing board to reevaluate which markets in the United States offer the most cash flow potential. Today, we share these markets and hone in on two specific ones with real-life on-market examples to prove that cash flow is still possible.

But before we get into that, we’re sharing the cash flow formula even beginners can use to quickly calculate whether a rental property will cash flow. Then, we describe what type of cash-on-cash return WE target in today’s market and list some of the most cash-flowing markets of 2024.

Want to see real cash-flowing rental property examples? We’re hopping over to BiggerPockets Deal Finder as we quickly analyze two separate rental properties in two cash-flowing markets to prove that these properties do sport some serious cash flow. Don’t believe us? Head over to BiggerPockets Market Finder, where you can see the nation’s top rent-to-price investing areas (that’s where the cash flow is!). 

In This Episode We Cover:

Two cities that have cash-flowing rental properties for sale RIGHT NOW

Precisely how to calculate cash flow for rental properties (and why most investors do this wrong)

The optimal cash-on-cash return we target that properties must meet before we bid on them

The 1% rule explained and whether or not it’s still worth using in 2024

When to sell a cash-flowing rental, even if it’s making you mailbox money every month 

And So Much More!

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On the Market

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Learn All the Rental Property Formulas with “Real Estate by the Numbers”

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Top 10 Real Estate Markets for Cash Flow in 2024

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Struggling to pick what to invest in, especially when real estate prices and mortgage rates are still so high? Many investors are sitting on the sidelines, saving cash for their first or next investment property, but nothing seems to work out. So what do you do, keep your money socked away or invest in other assets that aren’t real estate while waiting for the right time to pull the trigger? We know many of you are in this position, so today, we’re sharing what we’re investing in that ISN’T real estate.

This may be a surprise, but even some of the most well-known investors in the BiggerPockets universe aren’t 100% in real estate. Dave Meyer, Brian Burke, and Mindy Jensen all don’t have even half of their net worths in real estate investments. As such respected real estate investors, what else are they putting their money into that ISN’T more rental properties? 

In this episode, you get to peek into our investment accounts as we share exactly what we’ve been investing in, how we diversify our investment portfolios, and the “riskier” assets we put our money into that you may not even know exist. So, if you’re struggling to buy real estate or just don’t think investment properties are for you, worry not; you can still build wealth without purchasing a property. 

In This Episode We Cover:

Alternatives to real estate investing that we’re investing in NOW 

Diversifying your investment portfolio and why you SHOULDN’T hold just one type of asset 

The “riskier” investments that we’re making and how much money we allocate for them 

De-risking your portfolio by buying safer, passive, less volatile assets

What beginners should do to build wealth even with a small(er) amount of money  

Whether to continue waiting on the sidelines or start investing NOW

And So Much More!

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Let Us Know What You Thought of the Show!

BiggerPockets Money Podcast 

On the Market

Get Banking Built for Landlords with Baselane

Invest Passively with Brian’s Book, “The Hands-Off Investor”

Find an Investor-Friendly Agent in Your Area

See Dave and Mindy at BPCON2024 in Cancun!

Real Estate Isn’t Enough—Here’s How Three Pro Investors Diversify Their Portfolios

Connect with Brian

Connect with Mindy

Connect with Dave

(00:00) Intro

(03:16) How Much Real Estate We Own

(06:33) Allocating Your Cash

(11:17) "Riskier" Investments

(18:40) What Beginners Should Do

(27:51) Diversifying Your Real Estate

(35:32) Wait to Buy?

(38:49) What We WANT to Invest In

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1022

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“Glamping” investments have slowly become massive money-makers in the real estate industry. What used to be someone setting up a tent and potentially a portable toilet for guests looking to get into nature has now become a full-blown luxury business that travelers will pay good money to get a taste of. One large glamping property allowed today’s investor, Garrett Brown, to replace his music producer job and reach levels of success most short-term rental investors can only dream of.

Garrett owns a ten-acre piece of land in a lake town outside Houston, Texas. Even though many non-Texans won’t be familiar with the area, local travelers flock to it to escape the big city. Since buying the property, Garrett has made some serious expansions, such as building cabins (and even geo-domes) with WiFi, running water, and the creature comforts many of us don’t want to live without.

Plus, Garrett is doing it all while getting most of his bookings directly from social media. That’s right, he has (mostly) cut out Airbnb and other middlemen booking platforms, so he keeps much more of the profit and even gets his guests to upgrade with “add-on packages” that make the deal even sweeter. You can do it, too, but you’ll need to hear how Garrett does it in this episode!

In This Episode We Cover:

Why “glamping” has become such a popular (and profitable) version of short-term rental investing

The “sixty-thirty-ten” rule that helps you identify the best areas for short-term rentals 

Leaving your career to build income streams that don’t take up all of your time

How to get seventy to eighty percent of your guest bookings through direct booking

Why you should offer your guests “add-on packages” that help make YOU more revenue

The reason you should “start small” when building out your glamping sites

And So Much More!

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Let Us Know What You Thought of the Show!

Put Your Vacation Rental on Autopilot with Hospitable

Grab the Book, "Short-Term Rental, Long-Term Wealth"

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See Dave and Garrett at BPCON2024 in Cancun!

Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started

Connect with Garrett

Connect with Dave

(00:00) Intro

(01:49) Music Producer to…Real Estate?

(08:50) His First House Flip

(11:50) Switching to Short-Term Rentals

(18:11) Buying 10 Acres and Building Cabins

(23:57) Can Anyone Do This?

(30:21) Getting Guests Through Social Media

(34:33) Start Small!

(36:31) Learn from Garrett!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1021

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Rent prices have come down to earth after their meteoric growth of 2020 - 2022, but what will they do in 2025? Will we continue to see slow (or no) rent price growth, or could lower interest rates push more households to form and demand to jump? With so much multifamily housing supply and the Fed’s recent rate cut decision, we’ve got a lot to unpack on this BiggerNews episode. Thankfully, we have Apartment List’s Chief Economist, Igor Popov, to help us.

We’re talking about rent prices: where they are, where they’re going, and what’s impacting them in 2024 (and into 2025). Unsurprisingly, we’ve got a lot of multifamily supply—apartments are giving huge concessions to lease up. But what if we told you we were oversupplied AND undersupplied at the same time, and in a few years' time, demand could heat up again?

Igor gives a rare 2025 rental market forecast, his take on what’s impacting rent growth, and whether the “oversupply” of multifamily is hurting single-family rental investors’ chances to get higher rents.

In This Episode We Cover:

A 2025 rental market forecast and whether we’ll see rents grow, decline, or flatten next year

The areas where all the rental money is moving to (things have REALLY changed)

More renter control as the oversupplied multifamily market searches for tenants

Why the housing market is currently in a dangerous flood-drought combination 

Will sluggish multifamily rent prices push single-family rents down with them?

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Apartment List Research

Invest in Turnkey Properties with REI Nation

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

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

What Happens to Rent Prices When 1,000,000 New Units Come Online in 2024?

Connect with Dave

(00:00) Intro

(03:55) Anything But “Normal” Rent Prices

(08:54) Money is in Suburbs

(12:59) More Renter Control

(17:00) Multifamily vs. Single-Family Rents

(18:09) Lots of Supply, Not Enough Supply

(23:08) 2025 Rent Prediction

(25:52) Learn More from Igor!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1020

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Can your mistakes make you a millionaire? If you’re like Craig Curelop and learn from what went wrong, then yes! Craig is now financially free, with millions of dollars in equity, thousands in monthly cash flow, and a thriving business. But, back when he was starting, he made a few mistakes that cost him a sizable amount of money, took years of time away, and put serious stress on his shoulders while trying to grow his real estate portfolio. Thankfully, you can take his lessons to heart, so YOU don’t have to make them yourself.

Today, we’re talking about one of Craig’s real estate deals that went wrong. What was supposed to be a profitable out-of-state BRRRR (buy rehab rent refinance repeat) investment quickly turned into contractor scams, danger, theft, and even…love. Yes, love is part of it, too. Craig lost a significant sum on this deal, but if you follow his advice, you don’t have to repeat the same mistakes.

Even though this was a property from hell, Craig still kept investing, eventually reaching financial freedom and living his dream life. Something WILL go wrong when you start investing in real estate—just make sure it wasn’t what Craig went through.

In This Episode We Cover:

Real estate investing mistakes that lost Craig money on his first out-of-state investment 

Interviewing agents and why it isn’t enough to work with someone based on a good feeling

The easy way to avoid a contractor taking your money WITHOUT doing work

Why a cheap deal doesn’t mean it’s a good deal (be really careful)

Cutting your losses early and when you should give up on a project that’s going south

Why you MUST check references on everyone you work with on a real estate deal

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Grab Craig’s Book, “The House Hacking Strategy”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun! 

Contractor Nightmares: 5 Red Flags to Watch For and How to Escape a Bad Hire

Connect with Craig

Connect with Dave

(00:00) Intro

(02:04) House Hacking 8 Times!

(05:28) One Really Bad BRRRR

(14:41) Worst Contractor Ever?

(25:59) Finally Selling It

(27:54) The Good Ending

(30:10) Failing Fast

(34:45) Should I Fire My Property Manager?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1019

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Your small town might be the best place to invest in real estate, even if it’s got only a few thousand residents. We know—everyone has told you to go to the bigger, growing cities where you can chase appreciation, but today’s guest might change your mind. He was able to scale to over twenty rental properties in just a few years, all by buying in his rural Ohio town that you’ve probably never heard of. Even better? He bought the rentals with none of his own money, AND he was cash-flowing THOUSANDS per month. So how do you do it, too?

Josh Bauerle tried to invest in real estate back in 2006. What was supposed to be a “quick flip” turned into a thirteen-year investment, which (thankfully) made a bit of money by the end. After taking a decade off from real estate investing, he got back in the game, first by buying a rental from his father and then by purchasing a twelve-unit real estate portfolio from a local friend. He then scaled FAST to a serious amount of rentals, all in a tiny town with a small population.

After that, he stumbled upon the best-kept cash flow secret in real estate investing: section 8 rentals. Today, Josh is sharing how he did it without using his own money, and how you can do it, too, whether you’re in a sizable city or a small town.

In This Episode We Cover:

Why living in a small town is a HUGE advantage for real estate investing

Seller financing 101 and how to buy rental properties without getting a traditional loan

Using other people’s money to build a rental property portfolio

Section 8 rentals, the pros and cons, and why they get you MORE rent than regular rentals

The simple way that Josh has found his off-market real estate deals with social media

And So Much More!

Links from the Show

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Let Us Know What You Thought of the Show!

Get Free Property Management Software for Landlords with Hemlane

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

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

The Pros and Cons of Accepting Section 8 Housing

Connect with Josh

Connect with Dave

(00:00) Intro

(01:27) A Failed "Quick Flip"

(05:47) Taking a 10-Year Investing Break

(09:17) Buying 13 Units at Once

(15:13) Quitting His Job/Business

(18:26) Using Other People's Money

(20:11) Moving to a Bigger Market

(23:53) Making More with Section 8

(30:10) Scaling Fast!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1018

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The next Fed meeting is crucial for real estate investors and the economy. So, what will the Fed do? Are we getting the 0.25% rate cut that many experts predict, or will a 0.50% rate cut come due to further weakening of the economy? The job market is already struggling, and the Fed needs to make a move—fast. The question is: will whatever they do next be enough to stop us from falling into a high-unemployment economy? We’re getting into it in this BiggerNews!

We brought in the chief economics correspondent for The Wall Street Journal, Nick Timiraos, to give us the latest update on the Fed, what could happen in September’s Fed meeting, and what’s in store for rate cuts. Nick agrees that this meeting is more crucial than most and that the decisions made could significantly impact the economy and real estate.

How many rate cuts will we get this year? How big will the rate cuts be? And who’s deciding these rate-cut decisions in the first place? Nick knows the Fed better than almost anyone and shares exactly what they’re thinking and where they believe rates are headed in today’s episode.

In This Episode We Cover:

2024 Fed rate cuts and how big the first one could be at the next Fed meeting 

Why rising unemployment is putting even more pressure on the Fed to make a move

Whether or not home prices could shoot back up once mortgage rates fall

How many rate cuts is the Fed expecting to make in 2024 (more than we thought before!)

The “signal” that the Fed is sending with their decision in the next Fed meeting 

And So Much More!

Links from the Show

Invest in Turnkey Properties with REI Nation

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Let Us Know What You Thought of the Show!

Try Baselane, the One Platform for All Your Property Banking & Finances

Thrive in Any Market with “Recession-Proof Real Estate Investing”

Find Investor-Friendly Lenders

See Dave at BPCON2024 in Cancun!

The Fed Is Planning to Cut Rates Soon. Here’s How Investors Should Prepare

Learn More from Nick

Connect with Dave

(00:00) Intro

(02:10) The Fed Explained

(03:59) September's Crucial Fed Meeting

(07:05) Who Decides the Rates?

(13:23) 0.25% or 0.50% Rate Cut?

(17:27) Risks to Real Estate

(23:30) Unemployment is Rising

(29:33) Rate Cut Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1017

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Scale smarter with Kathy and Rich’s new book, Scaling Smart!

Own real estate? Feeling burnt out? Then you need to listen to this. You've wondered how to scale your real estate portfolio so you can make more money and finally reach financial freedom. And then, at some point, you realize you own rentals and are making money but have zero time. Now, you’re burnt out, wondering where that “financial freedom” went and how you can get back to it. But you’ve got an entire business riding on your back. You can’t stop, so what do you do? Don’t worry—we have the secret. 

Kathy and Rich Fettke felt like this a decade ago. Kathy was so stressed that she had zero interest in growing her business any bigger than it was. It was already taking so much out of her, and the stress was only rising. She turned to her husband, Rich, to help coach her into a better position to scale the business instead of blindly growing it. Now, in 2024, Kathy and Rich have amassed a sizable real estate portfolio, run an investor-centered business, and are doing more in less time with less stress.

If you want what Kathy and Rich have, stick around and pick up their new book, Scaling Smart, where they teach you how to scale your business the right way, outsource to free up time, and STOP chasing “more” when it’s coming at the cost of your family or time freedom. Want to scale the right way and build a business, not burnout? Don’t miss this episode.

In This Episode We Cover:

How to scale your real estate portfolio (or real estate business) the right way 

Why “growing” isn’t always the right move and could lead you to stress, burnout, and unhappiness 

Making your first hire and how to design the perfect structure for your portfolio 

Why you need to STOP doing the things you hate and get someone on your team who loves to do them instead 

The two major hurdles most real estate investors face when scaling (and how to overcome them)

Knowing your “why” and how to have time freedom instead of mindlessly amassing wealth 

And So Much More!

Links from the Show

Invest in Turnkey Properties with REI Nation

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Grab Rich and Kathy’s New Book “Scaling Smart”

Property Manager Finder

See Dave, Kathy, and Rich at BPCON2024 in Cancun!

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

Connect with Kathy

Connect with Rich

Connect with Dave

(00:00) Intro

(02:13) Stop Growing, Start Doing This

(06:31) Choose Life Over Business

(12:57) How to Start Scaling

(21:02) Do More in LESS Time

(24:42) Making Your First Hire

(29:13) When Is It "Enough"?

(36:38) Grab "Scaling Smart"!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1016

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Are high interest rates and large down payments stopping you from investing in real estate? If so, creative finance might be precisely what you need. It’s what today’s guest, Ankit Lodha, used to go from zero rental properties to THIRTY in just a couple of years. Sounds risky? What if we told you Ankit was walking into equity when he bought these deals, keeping him from being overleveraged and helping him build wealth faster?

After saving up for over a decade to buy his first property, Ankit quickly realized that building wealth would be a slow grind if he didn’t solve his down payment problem. He was working hard as a data scientist by day, looking for real estate deals by night, and needed a solution to help him creatively buy real estate WITHOUT putting twenty-five percent down on every property. After finding a sweet spot in his local housing market, where he made substantially more rent than other landlords, he knew he needed more properties.

Today, Ankit talks about how he scaled from zero to thirty properties using creative financing, seller financing, and traditional mortgages. He’ll talk about how he dodged the high mortgage rates most investors were forced to accept, how he built a team and runs his properties remotely, and the ingenious ways he buys houses for very little down with high cash flow.

In This Episode We Cover:

Creative financing explained and using it to build your real estate portfolio faster

Low money down real estate with seller financing and creating a win-win for you and the seller

Making twice his mortgage payment in rent by tapping into this “gray area” of his market

Building his team while working full-time and managing his rentals remotely

Making a fifty percent return on one very creative real estate deal

The risks of creative finance you MUST know about before you start

And So Much More!

Links from the Show

Invest in Turnkey Properties with REI Nation

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Learn Creative Finance with “Wealth without Cash”

Property Manager Finder

See Dave at BPCON2024 in Cancun and Email conference@biggerpockets.com For a Chance to Dine with Dave!

Creative Financing: How To Use It In Real Estate

Connect with Dave

(00:00) Intro

(01:47) Data by Day, Deals at Night

(05:51) Moving and Remote Management

(11:07) Making 2x His Mortgage

(17:15) Building the Team

(20:38) Creative Solutions with HUGE Returns

(29:16) Low Money Down Strategies

(30:11) Next-Level Seller Financing

(34:25) Creative Finance Risks

(37:41) Long-Term Vision

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1015

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Are new construction homes a good investment right now? Well, that depends. If you want a lower price for a property in a better condition, with a lower mortgage rate and the ability to charge more rent, then new construction homes are what you need. This “sleeper” investment is now cheaper to buy than a regular rental property, but since it’s a new build, it comes with a fraction of the headaches and repairs than most “used” homes. So if they’re cheaper, better, and make you more money, why isn’t everyone buying a new home?

Kathy Fettke has been investing in new construction homes for decades. At first, it was just a way for her to have a more passive real estate portfolio. But now, she knows she can make much more with new homes than buying existing rentals. Since so much of her portfolio is new builds, we brought her to the show to share why this investment may be the best on the market.

We’ll get into new construction pricing and why new homes are CHEAPER than existing homes but offer better amenities, safer structures, and often much lower insurance prices. Next, how to get a rock-bottom mortgage rate by negotiating with builders (we’re talking three or four percent interest rates!). Plus, Kathy shares precisely how to ensure you’re buying a new home in the path of progress so you can rake in appreciation.

In This Episode We Cover:

Why new construction rental properties may be one of the best investments of 2024

Saving serious money on your mortgage with rate buydowns paid for by the developers

Why new construction home prices are CHEAPER than existing home prices in 2024

Buying in the “path of progress” to ensure your home value keeps growing

Factoring in appreciation into your next deal and whether you should account for it at all

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Pre-Order Kathy’s New Book “Scaling Smart”

Property Manager Finder

See Dave and Kathy at BPCON2024 in Cancun!

We’re in a Home Construction Golden Age—Here’s How Investors Would Benefit From Building

On the Market Podcast

Connect with Kathy

Connect with Dave

(00:00) Intro

(02:03) Buying New Homes at a Distance

(06:42) The “Path of Progress”

(11:11) New Homes vs. Build-to-Rent

(19:25) Get a Lower Mortgage Rate

(24:14) Where (Not) to Buy

(30:10) Forecasting Appreciation

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1014

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Real estate risk can make you wealthy or cause your portfolio to come crashing down. Like any type of investing, real estate can be risky. However, the amount of risk you take changes depending on the deal. Today, we’re helping YOU figure out how much risk YOU should be taking based on your goals and then share some expert risk management tactics so you can be prepared even if a “black swan” event throws your entire real estate investing plan out the window.

Ashley Wilson started investing in real estate at a risky time. It was 2009—nobody knew if the housing market would face another significant downturn and crash again. Thankfully, due to determination (and a bit of helpful ignorance), she invested at a time that turned out to be one of the best in history. Now, running massive multifamily real estate deals, Ashley has not only survived but thrived through high interest rates, a pandemic, falling rents, and economic uncertainty.

What does she do differently than most investors? She faces her real estate risks BEFORE they happen, and today, she’s showing you how to do the same. We’re talking with Ashley about risk management, how much risk you should take based on your goals, the “buckets” of risk and what you CAN control, and what to do NOW to limit your risk of loss.

In This Episode We Cover:

Real estate investing risks and how to mitigate them before it’s too late

Dodging black swan events and what to do BEFORE a rare risk hits you

The controllable risks you can plan for NOW that’ll protect your wealth during troublesome times

Risk profiles based on whether you’re building, preserving, or tax-sheltering your wealth

Why shiny object syndrome will cause you more headaches (and loss) than you think

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Invest in Multifamily like Ashley with "The Multifamily Millionaire, Volume I"

Property Manager Finder

See Dave at BPCON2024 in Cancun!

Today’s Real Estate Risks: What Are Investors Ignoring?

Connect with Ashley

Connect with Dave

00:00 Intro

03:38 3 Types of Investor "Risk"

07:22 Investing During "Risky" Times

11:18 The "Buckets" of Risk

14:46 Dodging "Black Swan" Events

18:52 Risk Mitigation Tactics to Use NOW

23:53 The Risk of Loss

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1013

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Rent-to-own real estate can make you more cash flow, with less risk and fewer expenses, all while helping tenants become homeowners. But if it’s so good, why isn’t everyone doing it? Simply put, most investors have no idea that rent-to-own real estate is even possible! So today, we’re talking to an investor, sharing the ins and outs of this lucrative strategy, and showing you how she scaled from zero to over fifty units, half of which are thanks to this strategy.

Maura McGraw and her husband quickly realized that being active-duty military members wouldn’t lead to the stable family life they dreamed of. They needed a way out while still making enough money to provide. So, they pivoted and began formally studying real estate. After a first deal left them with a $30,000 loss, Maura did what most wouldn’t and got back out there searching for another deal. After dozens of flips and numerous rentals, she stumbled upon rent-to-own investing—a strategy that would fuel her real estate portfolio’s growth.

Imagine getting monthly rent checks without repair and maintenance expenses or insurance costs. That’s what rent-to-own can provide! We’ll talk about analyzing a market, screening tenants/buyers, profit margins, and how YOU can start investing in rent-to-own real estate in your market!

In This Episode We Cover:

How to make more cash flow with less risk by providing rent-to-own options to tenants

The four major ways to make money from a rent-to-own real estate deal 

Who makes the perfect buyer/tenant when offering rent-to-own opportunities 

What happens when a tenant defaults on the loan, leaving you with the down payment 

Screening tenants/buyers before you offer them a rent-to-own opportunity 

Why losing money on your first real estate deal does NOT mean you should give up

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Find Your Perfect Investing Strategy with Dave’s New Book, “Start with Strategy”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

What Are Rent-to-Own Homes?

Connect with Maura

Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1012

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Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments are through the roof. This can’t last forever, and some new government policies are trying to ensure it doesn’t. In this week’s BiggerNews, we’re talking to Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, about what policies could benefit the country and whether or not they’ll actually pass.

We’re also getting into Vice President Harris’ housing plan and former President Trump’s housing plan to see what each candidate believes could bring more affordable housing to the market. With President Biden’s recent rent control proposal, many real estate investors are worried their rents could be capped. But will this nationwide rent control proposal go through? 

Plus, what effect does affordability have on current homeowners and investors? Low supply means more demand and higher home prices, but could it come at the cost of your local economy, as renters and would-be homebuyers struggle to afford a home? We’re answering it all in this episode of BiggerNews! 

In This Episode We Cover:

The housing affordability problem and new government proposals aiming to help 

Factors that are making housing so unaffordable and why we’re at forty-year lows 

Regulatory and zoning reform, and why we must make construction easier 

Harris’ housing policy and new incentivizes to build 3 MILLION homes

Trump’s housing policy and using government land for new construction 

Biden’s nationwide rent control proposal and whether or not it has enough support to pass 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Invest in Turnkey Properties with REI Nation

Grab Dave’s Newest Book “Start with Strategy”

Find Investor-Friendly Lenders

See Dave at BPCON2024 in Cancun!

How the Financial Policies of Trump and Harris Could Impact Real Estate Investors

Bipartisan Policy Center Rent Regulation 

Freakonomics - Why Rent Control Doesn’t Work

Connect with Dave

(00:00) Intro

(02:14) Promoting Affordable Housing

(03:04) Our Massive Affordability Problem

(05:49) What Needs to Change

(10:00) Harris' Housing Plan

(14:01) Nationwide Rent Control?

(18:33) Trump's Housing Plan

(22:08) How Affordability Impacts Investors

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1011

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

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Wondering how to invest in real estate so you can finally quit your job? Then, this episode might surprise you. While most real estate educators online are constantly stressing how you must leave your W2 so you can become a full-time real estate investor, today, we’re going to do the opposite, proving why most real estate investors SHOULD keep their job and let real estate supplement their dreams, instead of becoming their dream.

Take it from Lawrence Briggs. He’s an avid BiggerPockets listener who moved to a different city just to invest in real estate. With such passion and drive, you’d think he wants to become a full-time landlord. But the truth is…he doesn’t. His passions go far beyond managing tenants and fixing toilets, so he uses real estate to amplify his lifestyle and protect his finances so that he never HAS to get a job but can choose the exact job he wants to work.

Today, we’re talking to Lawrence about balancing your W2 job with real estate investing, why you DON’T need to quit to reach (even a small amount of) financial independence, the side hustle he used to save up for his first rentals, and how he works just a few hours a week managing his real estate portfolio. This is the realistic way to build wealth through real estate, and if Lawrence can go from poverty to multi-unit landlord, you can invest, too!

In This Episode We Cover:

How Lawrence escaped generational poverty through sacrifice and smart investing 

Why Lawrence does NOT want to quit his job for real estate but would do something else instead 

Moving to invest in real estate and why your salary-to-home-price ratio matters 

The realistic way to spend just a few hours a week managing your rental properties 

One super flexible side hustle Lawrence used to make money, learn how to invest, and find properties 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777

Enter to Win a Free Ticket to BPCON2024 by Leaving a Positive Review on Apple or Spotify and Sending a Screenshot to BiggerPockets on Instagram

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

Property Manager Finder

See Dave and Lawrence at BPCON2024 in Cancun!

Should You Quit Your 9-5 Job to Become a Full-Time Real Investor?

Connect with Lawrence

Connect with Dave

(00:00) Intro

(01:31) BPCon2024 Giveaway!

(02:55) Switching Jobs to Invest

(11:24) Food Delivery Side Hustle

(16:31) I DON'T Want to Quit

(18:52) Breaking Generational Poverty

(21:34) Dream Job for Investors

(26:37) Time Spent Managing His Rentals

(31:12) You Don't NEED to Quit

(33:55) The Dish

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1010

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

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Don’t have enough money to buy rentals? Neither did Brandon Tilson. As a social worker, he was never on the higher end of the income scale, but thanks to some serious side hustles, he now has eight rental units in just two years! How did he do it while working full-time and having a family to feed? Today, we’re talking to Brandon about why ANYONE can invest in real estate, no matter your experience, salary, or cash in the bank.

Brandon doesn’t have just one side hustle, or two, or three—he has five separate side hustles, leaving him with six jobs to take care of. It’s no surprise that Brandon works anywhere from sixty to eight hours a week, but it’s all been worth it for him, especially after seeing his real estate holdings go from zero to eight rental units in an extremely short period of time. Now, he’s less than ten years away from financial freedom, allowing him to retire early if he wishes to at just forty-five years old!

Brandon gives crucial advice for anyone trying to invest in today’s market, even with higher interest rates. We talk about different side hustles that bring in extra income, how he funded his first deal, what to do when your renovation becomes a “trainwreck,” and whether or not getting your real estate license is worth it. Plus, why investing alone is much harder than doing it with a partner (or spouse!).

In This Episode We Cover:

How Brandon scaled to eight rental units in just two and a half years (even on a lower income!)

Making extra income every month with real estate (and non-real estate related) side hustles

Using a HELOC (home equity line of credit) vs. a cash-out refinance for your first rental 

Whether becoming a real estate agent is worth it as a part-time side hustle 

Finding your financial independence number and why it’s crucial to know how much you need to be set for life

Why you should not DIY your home renovation (even if you have the time) 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Episode #1,009 Invest in Turnkey Properties with REI Nation

Get Started with “The Book on Rental Property Investing”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

6 Rental Properties in 15 Months (While Working 3 Jobs!) w/Brandon and Dani Tilson

Connect with Brandon

Connect with Dave

(00:00) Intro

(01:31) Investing While Working 6 Jobs!

(07:24) First “Trainwreck” Deal

(16:17) Second “Turnkey” Property

(19:33) Becoming an Agent?

(23:13) His Financial Freedom Number

(26:08) Investing On a Low Income

(29:13) Early Retirement at 45!

(32:06) Advice for New Investors

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1009

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

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Are Airbnb bans actually hurting renters, homebuyers, and your local economy? The truth doesn’t seem so obvious, but new data shows the unintended consequences of banning Airbnbs and short-term rentals, especially in big cities. To get a take from someone inside the industry and with plenty of data to share, we invited Taylor Marr, Senior Housing Economist at Airbnb, to the show to explain how Airbnbs affect the economy, affordability, and housing supply.

For years, there have been claims that short-term rentals take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas. But new data is saying something very, very different. Today, Taylor talks about how Airbnbs and short-term rentals change a local economy, the amount of money this type of local hospitality provides to small businesses, and why affordability ISN’T improving in areas where Airbnbs are banned.

We’ll also discuss the age of “experiences” and how hosts can earn more by catering to a new kind of traveler willing to spend. Do you have a short-term rental or want to make money with one in the future? Then don’t miss this episode!

In This Episode We Cover:

A short-term rental market update and how Airbnbs are faring in 2024 

Airbnb supply and whether or not the short-term rental market is oversaturated 

Tips for hosts to take advantage of “experiences” and make more money from their vacation rentals 

The $80B impact Airbnb has on local economies and the real result of banning them 

How Airbnb is working with local governments to IMPROVE affordability and tourist spending  

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Follow Taylor on Twitter

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

Ready to Invest? Grab the Book, “Short-Term Rental, Long-Term Wealth”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

Airbnb Bans Only Make Tourism More Expensive. Just Ask New York

Connect with Dave

(00;00) Intro

(02:33) 2024 Housing Market Update

(05:52) Effects on Short-Term Rentals

(09:47) Airbnb Supply Update

(11:16) Are Airbnbs Oversaturated?

(14:07) The Age of "Experiences"

(16:43) How Airbnbs Impact Local Economies

(25:05) Side Effects of Airbnb Bans

(34:30) Tips for Investors

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1008

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

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New to real estate investing? In the beginning, you’re drowning in recommendations of where to invest in real estate, especially in 2024. Everyone is shouting different markets at you, “Cleveland! Tampa! Cincinnati!” the list goes on and on. But here’s where you’ll get stuck: most beginners think ANY market is good enough for them, except that isn’t true. There are some unique markets that most investors don’t know about, and they could fit what you need perfectly. Today, we’re sharing these markets (and how to find them) with you.

We brought on expert investors Ashley Kehr and Henry Washington to give their picks for the best places to buy rental property in 2024. All of these markets offer something different; some have low price points with significant cash flow, while others have huge appreciation potential. We’re sharing our top three rental markets with you so you get in before the rest of the investors hear about them.

We’ll also give you the criteria to pick your perfect real estate investing market and share where we first invested and where we wish we had invested.

After this episode, head here to get all the data used in this show, then find your market, tag @BiggerPockets on Instagram, let us know why you chose it, and win some free swag!

In This Episode We Cover:

Where to invest in real estate if you’re starting from scratch with zero experience

The best places to buy rental property in 2024 that most investors are overlooking

Moving to invest in real estate and the city with a VERY high salary-to-home-price ratio

Real estate market risks that we steer clear of whenever buying rentals

Finding your market “advantage” and how to thrive in new a market using your skillset

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Find Deals in Any Market with Henry’s New Book, “Real Estate Deal Maker”

Find an Investor-Friendly Agent in Your Area

See Ashley, Dave, and Henry at BPCON2024 in Cancun!

Top 10 Real Estate Markets for Cash Flow in 2024

Connect with Ashley

Connect with Henry

Connect with Dave

BiggerPockets Market Finder

Real Estate Rookie Podcast

Post Your Market and Tag BiggerPockets on Instagram!

(00:00) Intro

(03:02) Ashley's First Market

(06:19) Would You Move to Invest?

(10:38) Henry's First Market

(13:41) Where to Invest in Real Estate

(14:38) Ashley's 2024 Market

(21:16) Henry's 2024 Market

(29:47) Dave's 2024 Market

(34:06) Find Your Market "Advantage"

(35:45) The Dish

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1007

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

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With her retirement dreams on the line, Jill Forsythe had a few choices: return to work, start a business, or get into real estate investing. After trying out more “active income” business ideas and realizing she didn’t want another job, rental properties became the obvious choice. But putting up her retirement nest egg to try her hand at investing would be a significant risk. Thankfully, it’s a risk that has paid off in a BIG way.

Are you getting into the investing game late? Do you feel like you don’t have the time, money, or energy to build a real estate portfolio like all the twenty-something-year-olds on social media? Jill is here to prove you wrong. Within a decade, she’s been able to build a rental portfolio of over fifty units, grow her retirement reserves, and have the financial freedom she always wanted.

In today’s episode, we’re talking to Jill about why she chose real estate and not stocks or small businesses, the biggest mistake she made early on when buying rentals, the advantages of being a “late starter” in the rental property game, and advice for anyone in their forties, fifties, sixties, or seventies who want to retire on their terms with real estate! 

In This Episode We Cover:

How to start investing in real estate in your fifties and reach your retirement goals

Supplementing social security with the semi-passive income of rental properties 

Why you MUST be careful when choosing the neighborhoods you invest in 

The big advantages to investing later in life that’ll help you scale fast 

Creating cash flow in your market by finding under-rented properties 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ready to Invest? Grab “The Book on Rental Property Investing”

Find an Investor-Friendly Agent in Your Area

See Dave at BPCON2024 in Cancun!

The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!)

(00:00) Intro

(01:43) Got a Late Start?

(07:19) How to Invest in Your 50s

(13:56) Starting in Her Mid-50s!

(16:48) Why Real Estate?

(19:40) Buying "Risky" Rentals

(23:21) Getting Through Challenges

(25:05) Investing Later in Life

(28:51) Jill's Current Portfolio

(31:56) Creating Cash Flow

(36:20) Advice for Late Starters

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1006

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

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Recession fears are increasing. The stock market has taken substantial hits, housing inventory is climbing, and bank account balances are starting to fall. So, with more economic turmoil, we have to ask: will the housing market crash? And if we get a housing market crash, how bad (or good) will it be for investors? Could we see a 2008-style selloff, or should we be more prepared for small dips worth taking advantage of? Today, we’re asking two top investors these questions, one of whom literally wrote the book on Recession-Proof Real Estate Investing.

J Scott and James Dainard join us on today’s episode to discuss market crash predictions, scenarios, and opportunities for real estate investors. Both J and James experienced the 2008 housing market crash—an economic event almost impossible to forget. But is 2024 shaping up for a sharp decline like 2008, or will we simply see a slower real estate market like most people had expected when interest rates began to rise?

If the market DOES crash, what should you look for to take advantage, and how do you ensure you don’t get caught biting off more than you can chew? J and James break down their game plans if prices fall and why buying now could set you up for wealth ten years from now, IF you can handle the “fear” of buying when others are running from real estate.

In This Episode We Cover:

New housing market “crash” predictions and how low prices could go

Why economic “fear” is rising now, and the recession indicators that are going off

Rising housing inventory and why experienced investors expected this already

The difference between the 2008 housing market crash and today

What could cause a housing crash and how to know it’s time to buy

The immense opportunities for investors that 99% of Americans will pass up

And So Much More!

Links from the Show

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

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Grab J’s Book “Recession-Proof Real Estate Investing”

Find Investor-Friendly Lenders

See Dave and James at BPCON2024 in Cancun!

Why Has the Housing Market Not Crashed in Over 15 Years?

(00:00) Intro

(04:01) New Recession Fears

(14:25) Is This Like 2008?

(18:06) What Will Cause a Crash

(31:11) What to Do During a Crash

(36:56) Opportunity for Investors

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1005

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

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You want to retire early, so you come up with a plan. “I’m going to buy ten rental properties and call it quits, then I’ll never have to work again.” Within a decade, you’ve got your ten rental properties, but now you want more. You buy another ten, then a big apartment complex, and now you’re raising money to buy even more. You have zero free time, investors to answer to, and a lot of stress. This wasn’t what you wanted. Let’s take it back to where you are now: how do you actually make it to early retirement?

At the height of Chad Carson’s real estate investing career, he was working eighty-hour weeks flipping homes, buying rentals, and dreaming of a financial freedom-enabling portfolio. But when the market crashed, he took a step back and asked, “What do I really want?” Thus, the small and mighty investor mindset was born. Now, Chad is retired early in his forties, working just two hours per week and making six figures in passive income. Want to do it, too?

Today, Chad discusses how you can build a small and mighty portfolio with fewer rentals, more cash flow, and ultimate time freedom. We’ll show you how to reverse engineer your goals to build the real estate portfolio you ACTUALLY want to own, why having hundreds of doors isn’t completely worth it, and the “metrics of success” you can use to measure your progress toward financial freedom.

In This Episode We Cover:

How to retire early (like Chad) with a small real estate portfolio 

Why “door count” isn’t an accurate measure of success in real estate investing

Reverse-engineering your financial freedom and how to start working toward it today

Discovering your “why” and how NOT to get stuck in the day-to-day drudgery of adult life

Measuring your progress toward financial freedom with the “metrics of success”

Knowing when is “enough” and why winners know when to quit 

And So Much More!

Links from the Show

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

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Craft Your Personal Real Estate Portfolio with “Start with Strategy”

Property Manager Finder

See Dave at BPCON2024 in Cancun!

Who Cares About the Number of Doors You Have—Cash Flow Is What Actually Matters

Chad's BiggerPockets Profile

Dave's BiggerPockets Profile

Door count is a terrible metric. Please stop using it.

00:00 Intro

01:56 You DON'T Need 100 Rentals

05:18 What Do You REALLY Want?

09:53 Why Work More?

14:04 Metrics of Success

23:36 Reverse Engineering Financial Freedom

26:42 Does Door Count Matter?

33:13 What is "Enough"?

37:20 The Dish

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1004

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

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How does a teacher with a LOW salary achieve financial freedom, let alone invest in real estate? Surprisingly, it’s not as hard as you think, and if you repeat the strategy from today’s show, you could reach financial freedom much sooner than you’d planned. In this episode, we’re talking to Corby Goade, who, not too long ago, was a teacher making just $17,000 per year at the start of his career. So, how did he begin building wealth and replace his AND his wife’s income?

After fixing up an outdated house he bought after college, Corby was shocked by how much equity he had made. With some basic painting, new flooring, and simple upgrades, Corby made twice as much in equity as he did teaching. From there, a rinse-and-repeat-type strategy formed as Corby slowly began buying rental properties whenever he could, even with his tiny teacher’s salary.

Fast forward to today, and Corby and his wife are financially free, running multiple businesses and living life on their terms. They still own that first rental, even though Corby did “everything wrong” (his words), and his first tenant almost destroyed the property. Still an active investor, Corby says that deals just like his first one are on the market NOW, even in 2024. He shares his exact buy box you can use TODAY to find properties like this, walk into equity, and achieve financial freedom just like he did. 

In This Episode We Cover:

The repeatable real estate investing strategy beginners can use to build wealth fast 

Why house hacking is the easiest way to invest in real estate and start making/saving money

Why you can still reach financial freedom, even if you do EVERYTHING wrong on your first rentals

The exact buy box Corby uses today to find undervalued real estate deals (even in an expensive market)

Corby’s best advice to get real estate deals sent straight to your inbox 

And So Much More!

Links from the Show

Try the BiggerPockets Real Estate Investment Calculators on Your Next Deal

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Learn How to Reach Financial Freedom with FEWER Rentals with the “Small and Mighty Real Estate Investor”

Property Manager Finder

See Dave at BPCON2024 in Cancun!

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

(00:00) Intro

(01:47) Accidentally Making Double His Salary

(06:58) Doing Everything Wrong

(11:07) Surviving the 2008 Crash

(16:37) Quitting His Job

(19:51) What a "Deal" Looks Like

(29:26) How Much These Deals Make

(31:12) Get Deals Sent to You!

(32:22) Best Tip for Newbies

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1003

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

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Where will the housing market be by 2025? We’ve got some of the top 2024 housing market predictions to share today as we run through what could happen with home prices, mortgage rates, inflation, unemployment, and how single men could unintentionally tank the housing market. But we’re not just reviewing other housing market forecasts; we’re giving our own as we bet on what will happen by the end of this year. If you’re buying, holding, selling, or even thinking about investing in real estate, this is data you need to hear.

First, we’re giving you a full rundown of the state of real estate in 2024 and where we are now. We’ll then move on to inflation, the Fed’s biggest target for the past few years. Inflation is starting to taper off, but will we be able to hit the golden two percent inflation rate by year’s end? And with inflation finally falling, would that mean the Fed can FINALLY cut rates and lead us into a lower mortgage rate environment? We’ll tell you exactly where we think rates will be by 2025.

Next, we’re hitting on home prices. Some top forecasters are predicting above-average home price growth, while one BIG listing site sees us going negative by this time next year. Who’s right, who’s wrong, and why is one wild predictor saying that single men will cause home prices to fall by twenty percent? We’re getting into it all in this episode of BiggerNews!

In This Episode We Cover:

2024 housing market predictions and where we’ll be by the end of this year

Mortgage rates, rate cuts, and the Fed’s BIG decision to make in the Fall of 2024

The current state of the housing market and whether things are improving for buyers

A growing unemployment rate and whether we’ll see continued job loss into 2025

Home price forecasts for the summer of 2025 and why one leading listing site expects us to go negative

Whether or not we’ll see a housing crash in the near future (and who would cause it)

And So Much More!

Links from the Show

Share Your Predictions on the BiggerPockets Forums

Join BiggerPockets for FREE 

Let Us Know What You Thought of the Show!

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

Find Investor-Friendly Lenders

See Dave and Kathy at BPCON2024 in Cancun!

The Fed Stalls as High Rates Cause More Pain—What Is Powell Doing?

(00:00) Intro

(02:16) The State of Real Estate (So Far)

(03:27) Inflation Rate

(07:36) Jobs and Unemployment 

(12:49) Fed Rate Cuts

(17:18) Mortgage Rates

(22:12) 2025 Home Prices 

(27:38) Housing Crash Coming?

(31:12) Single Men Tank the Housing Market

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1002

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

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Want to make money in real estate investing, EVEN during 2024’s harsh housing market? It’s easier than you might think—and we’ve got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they’re doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices. 

From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we’re showing investors can make more money than ever before, no matter the market.

First, Ashley and Henry tell us about the deals they’ve been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we’ll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips!

Finally, Dave spills his secret on how he’s increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you’ll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too! 

In This Episode We Cover:

The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow

Quick house flips and how to make five-figure profits even if you’re a hands-off investor

How to find off-market listings THROUGH your real estate agent

Henry’s foolproof buy box for house flips with the biggest buyer pool 

Why you should NOT overlook Section 8 rentals (huge jumps in rents) 

And So Much More!

Links from the Show

Find Your Next Investing Market with BiggerPockets Market Finder

Let Us Know What You Thought of the Show!

Find an Investor-Friendly Agent in Your Area

See Ashley, Dave, and Henry at BPCON2024 in Cancun!

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

Ashley's BiggerPockets Profile

Henry's BiggerPockets Profile

Dave's BiggerPockets Profile

Real Estate Rookie Podcast

On the Market Podcast

(00:00) Introduction

(02:04) Deals We're Running This Year

(09:32) Hands-Free Home Buying and Selling

(22:44) $55,000 Profit on a Quick Buy and Sell

(29:35) How to Increase Rent by 50%

(39:15) The Dish 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1001

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For the past 999 episodes of the BiggerPockets Real Estate Podcast, we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013, it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPockets Real Estate Podcast.

We’re getting back to the basics, sharing investor strategies that work in today’s market and showcasing the data investors need to know now so they can reach financial freedom faster. Our first guest on this new wealth-building journey is Scott Trench, CEO of BiggerPockets and rental property investor.

Today, we ask Scott, “Is financial freedom still possible through real estate, and if so, how do investors achieve it in this housing market?” Scott shares what both beginner and experienced investors must do now to reach financial freedom, who should even be investing in the first place, and the best beginner investment EVERYONE listening to this should be taking full advantage of. 

Ready to start building your path to financial freedom today? The BiggerPockets Real Estate Podcast is the best place to be! 

We also want to thank David Greene and Rob Abasolo for their massive contributions—David Greene for nearly 7 years as a host and co-host of the podcast, and Rob Abasolo for many of the past 250 episodes. They did a fantastic job building on the foundations poured by our Founder, Josh Dorkin, and Brandon Turner and continued the work of changing millions of lives.

While we had hoped that Rob and David would continue to stay on as hosts in this rotational capacity, we completely understand their desire to move on to their next adventures, and wish them success in those endeavors, knowing that they will continue to change many lives with their thought leadership. We wish them the best of luck in their next endeavors.

In This Episode We Cover

The new BiggerPockets Real Estate Podcast and what we’re changing starting today

Whether you can still achieve financial freedom through real estate in 2024

The best beginner strategy to start building wealth, EVEN with little money 

Who should begin investing in real estate and whether you have what it takes 

The problem with “passive income” and why hands-on rentals beat it 

Investing in affordable markets and who should start with out-of-state investing 

How you can become a millionaire without having a huge rental portfolio

And So Much More!

(00:00) Welcome to BiggerPockets 2.0

(06:09) Is Real Estate Still a Good Idea? 

(08:58) The Truth About Financial Freedom

(17:21) 3 Options for Investors in 2024

(25:37) The Problem with Passive Income 

(30:14) Buying in Affordable Markets 

(36:58) Become the Millionaire Next Door

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1000

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Mortgage rates are set to fall this year and well into 2025, all while housing inventory steadily increases. We’re in the best housing inventory position since before the pandemic, so the question is: what happens next? Rising inventory could result in more homes on the market and, in theory, less competition, so lower prices. But, with rates coming down, home prices might go back up with more borrowers entering the market. We’ve got a lot of questions, but thankfully, Senior Economist at Realtor.com Ralph McLaughlin has the answers. 

Ralph doesn’t just study the housing market; he actively participates in it as an investor. He’s on this BiggerNews episode to discuss the state of mortgage rates, when we should expect them to start falling, home price updates, housing inventory, and opportunities for investors that most homebuyers will miss.

We’ll discuss the real estate markets with the most and least housing inventory, why price cuts are rising, but home prices aren’t falling, the best markets for investors to take advantage of during the rate-to-price “delay,” and which homes are selling the fastest. If you want to get ahead of the curve and take advantage of hot markets with opportunities that (probably) won’t last, now is the time! 

In This Episode We Cover

Mortgage rate predictions and when we could see 2024’s first rate cut 

Housing inventory’s huge comeback and why prices aren’t falling 

Real estate markets seeing the most/least amount of homes for sale 

The rise in seller price cuts, but why this ISN’T leading to lower home prices 

Hot markets with HUGE opportunities that investors must take advantage of before rates fall

And So Much More!

(00:00) Intro

(01:19) Lower Mortgage Rates On the Way

(06:21) Inventory Hits Recent High 

(13:28) Markets with Most/Least Inventory 

(15:53) Price Cuts Rise, But…

(17:33) Best Markets for Investors 

(20:52) Which Homes Are Selling?

(23:04) Little Houses, Big Demand?

(26:25) What Investors MUST Know 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-999

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

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Small multifamily real estate investing could be your quickest path to financial freedom. These properties, from duplexes to quadplexes, typically offer higher cash flow and scaling opportunities than traditional single-family rentals, with less competition. After a decade in the game, it's still Dave Meyer's top investment strategy. Wondering how to get started?

This episode lays out three beginner-friendly steps to dive into small multifamily investing. Anyone can break into this financial freedom-enabling asset class—even without prior experience. We'll explore why small multifamily rentals are the ideal entry point for new investors and tackle the biggest hurdles to landing your first deal.

We don't just talk theory; we'll take you inside a real small multifamily property on the market. Stick around as we show you how to use the BiggerPockets Rental Property Calculator to analyze this live example, giving you the tools to run the numbers on ANY small multifamily property you come across. Whether it's your first or next rental, small multifamily properties might be your best wealth-building move yet. By the end of this episode, you'll be equipped with everything you need to start investing confidently.

Ready to build your financial freedom? Become a BiggerPockets Pro today! Click here to sign up and use code "PMULTI24" for an exclusive discount!

In This Episode We Cover

How to buy your first or next small multifamily property in three simple steps 

Why small multifamily is the ultimate "hack" for fast financial freedom 

Strategies to find profitable multifamily rentals in your investing area 

Analyzing rental properties in minutes with the BiggerPockets Rental Property Calculator 

How to find an investor-friendly lender for your next multifamily investment 

The one tool expert investors use to build their real estate portfolios faster 

And So Much More!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-4

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If you know how to create multiple streams of income, you can build wealth FAST. Thankfully, real estate has dozens (if not hundreds) of ways to make money, and there’s a good chance that what you’re doing right now in real estate could lead you to two, three, or four different income streams. Today, we’re talking to expert investor James Dainard about the EIGHT streams of income he’s built and how you can do it, too!

Whether you own a few rentals, a whole portfolio, or are just getting started in real estate, this episode is for you. We’re teaching beginners how to go from zero to multiple streams of income and the one income stream you should focus on first. If you’re running out of time with your rental or house flipping business and want more passive income flowing your way, worry not. We’ll talk about what you can do to make more money on the side without the hassle of doing your own deals.

We’re even going to share the one skill you MUST learn to make it rich in real estate and start building your income streams today. If you get this right, you’ll build wealth WAY faster than the rest!

In This Episode We Cover

How to create multiple streams of income through real estate investing

The number one income stream new investors MUST build before anything else 

James’ eight different streams of income and how they make his investing even easier 

How to start investing for passive income and why you MUST be careful when doing this

Buying businesses and how this can make you even MORE money when investing 

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Ask David Your Real Estate Investing Question

Connect with Other Investors on the BiggerPockets Forums

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

Find an Investor-Friendly Agent in Your Area

See Henry and James at BPCON2024 in Cancun!

How to Create Multiple Streams of Income in Real Estate

(00:00) Intro

(01:12) Making Multiple Income Streams

(04:38) How Newbies Can Start 

(09:00) Owning 8 Businesses!? 

(13:28) Passive Income Streams

(18:59) Which Streams to Build 

(27:06) What to Start Doing NOW

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-998

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

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Should you move to invest in real estate? Perhaps you’re stranded in a pricey market or an area with unfavorable landlord-tenant laws. Depending on your career, you could earn a HUGE pay bump at your day job and discover a real estate market with higher cash flow and appreciation. In this Seeing Greene, we help a caller navigate this exact scenario and share some of the best markets to invest in right now!

Next, we field a question about a rental property that’s producing very little cash flow. What should you do in this situation? Hold, sell, or trade it for another property? David and Rob run the numbers to devise a strategy with a MUCH better cash-on-cash return. Tired of junk mail arriving at your properties? Hear about a few solutions we’re using to curb unwanted mail. Finally, we chat with a live caller who has just inherited a $300,000 property. Which investing strategy will help him capitalize on this opportunity and catapult him toward financial independence? Hang around until the end to find out!

Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show! 

In This Episode We Cover

Moving to another state to chase your real estate investing dream

The BEST states to invest in as a traveling professional in 2024

When to hold, fold, or trade a rental property with LOW cash flow

How to stop junk mail from being delivered to your property

First steps to take after inheriting an investment property

How to identify the best investing strategy for your market

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Try Baselane, the All-In-One Financial Platform for Banking, Bookkeeping, Rent Collection, Analytics, and More

Buy the Book “The House Hacking Strategy”

See David and Rob at BPCON2024 in Cancun!

BiggerPockets Real Estate – Seeing Greene Episode 843

(00:00) iNTRO

(01:16) Relocating for Real Estate

(11:39) How to STOP Junk Mail

(14:59) Hold, Fold, or Trade My Rental?

(22:46) Inheriting a $300K Property! 

(34:33) Send Us Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-997

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Can rental properties replace your W2 income, lead you to financial freedom, and help you build multimillion-dollar wealth in the process? Yes, and Grant Francke is proof you can do it in a few years or less. After the burnout of forty-eight-hour shifts as a railroad conductor (yes, you read that right) left him searching for an escape, Grant stumbled upon real estate investing and the BiggerPockets Real Estate podcast. Within three years, he built up enough cash flow to quit his job and never looked back.

In today’s show, Grant walks through the “boring,” stable, and safe rental property investments that have led him to complete financial freedom. He’ll touch on the first duplex he bought, why Grant prefers multifamily real estate to single-family homes, reverse-engineering your financial freedom to calculate HOW many rentals you need, and the sacrifices he had to make to get there.

If you’re tired of missing out on time with your family, children, or friends and want to start living life on YOUR schedule while making MORE money than you would at your job, this is the place to start! 

In This Episode We Cover

How to replace your W2 income with real estate investing 

Calculating your financial freedom number and how much cash flow you’ll need to quit

How to test whether or not you CAN live without your W2 salary 

Why Grant prefers the safety of multifamily rentals compared to single-family rentals 

Financing and funding your first rentals and what to do when you start scaling FAST

The “controlled growth” strategy Grant uses to safely build wealth and make more passive income 

And So Much More!

Links from the Show

Join BiggerPockets for FREE 

Grab Your Copy of “Rich Dad Poor Dad”

Find Investor-Friendly Lenders

See Henry at BPCON2024 in Cancun!

4 Serious Points to Consider Before Quitting Your Miserable Job to Invest

(00:00) Intro

(02:02) 48 Hour Shifts!?

(03:17) Replacing His Salary

(10:21) Quitting and Buying First Rentals 

(17:33) Current Portfolio and Financing 

(21:19) Real Deal Review 

(24:37) Scaling with “Controlled Growth” 

(30:39) Replace YOUR W2

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-996

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

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Multifamily real estate is still offering some significant opportunities to investors—you just need to know where to look! Although the past two years have been rough for multifamily, with falling rents, rising interest rates, and higher vacancy, we may be on the way out of this vicious multifamily market we found ourselves in just a year or so ago. With new multifamily construction predicted to dry up significantly over the next few years, current multifamily rents are already beginning to rise. So, where should YOU be buying to take advantage of this positive trend?

Thomas LaSalvia, from Moody’s Analytics CRE, joins us to give a multifamily real estate update and share where to find the best multifamily opportunities in 2024. With some markets still seeing more supply than demand, investors could pick up deals from distressed owners. Plus, one often-forgotten region may see demand pick up in a big way—if you invest here, you could get ahead of the curve!

We’ll also discuss how multifamily rents have been performing, why new multifamily construction will see a huge slowdown in 2025 - 2026, whether today’s sluggish economy will affect multifamily, and the one big danger multifamily real estate investors (and future investors) CANNOT overlook.

In This Episode We Cover

A 2024 multifamily real estate market update and how apartments are performing now

The oversupplied areas with opportunities for investors to buy

One market that could see demand pick up soon (get ahead of the masses!)

Why hasn’t multifamily crashed, and where are all the “distressed” owners?

Affordable housing and the massive mismatch between supply and demand 

Whether or not small landlords will be affected by big apartments moving into their areas 

And So Much More!

Links from the Show

Join BiggerPockets for FREE 

Want to Invest in Multifamily? Grab the Book “The Multifamily Millionaire, Volume I”

Find Investor-Friendly Lenders

See Henry and Kathy at BPCON2024 in Cancun!

Hear Our Last Episode with Thomas: Rent Unaffordability Crosses Dangerous New Threshold

On the Market Podcast

(01:28) Commercial vs. Residential Real Estate

(04:24) Rent Slowly Recovers 

(09:02) Will Building Slow Down?

(12:33) Job Loss and Affordability Problems 

(15:33) Affordable Housing

(19:09) Good for Small Landlords?

(25:17) Why Hasn’t Multifamily Crashed?

(28:14) Opportunities to Look For 

(35:05) One Danger to Multifamily 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-995

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Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you own, EVEN if you’re not in a vacation destination. So, what do you need to do NOW to get more guests, bookings, and money from your short-term rental investment in 2024 and 2025? Experienced short-term rental investor and CEO of Rent to Retirement, Zach Lemaster, is here to help.

You may know Zach as the turnkey rental guy, but his skills go FAR beyond long-term rentals. Zach owns the highest-grossing short-term rental in the ever-popular Breckenridge, Colorado. This is a HOT short-term rental market with fierce competition, but even so, Zach’s vacation rental stands out from the rest. How did he do it, and what changes can YOU make to your Airbnb experience to become the best in your area?

Today, Zach gives a masterclass on Airbnb and short-term rental hosting. He covers market trends he’s seen in 2024 and into 2025, dodging regulations, and what to look at BEFORE you buy. Zach even shares easy ways to stand out and the amenities that will wow your guests so they keep coming back for more. Plus, he’ll give tips on what you can do NOW with your current Airbnb to quickly increase bookings! 

In This Episode We Cover

A short-term rental industry update and why hosts MUST make changes now

Guest trends and why people want better deals and experiences, not just places to stay 

How to avoid short-term rental regulations and what to do if your area already has them 

How to easily stand out in your market by providing top-notch amenities 

Simple tweaks to your listing that will get you more bookings 

2025 short-term rental predictions and what hosts should know 

And So Much More!

Links from the Show

Get a BIG incentive on turnkey rentals from today’s show sponsor, Rent to Retirement. Text “REI” to 33777 or visit them here: https://www.renttoretirement.com/

Join BiggerPockets for FREE

BiggerPockets’ Instagram

Ready to Invest? Grab the Book, “Short-Term Rental, Long-Term Wealth”

Find an Investor-Friendly Agent in Your Area

See Henry and Zach at BPCON2024 in Cancun!

Are You Getting Less Bookings for Your Short-Term Rentals? Here are 3 Ways to Get More

(00:00) Intro

(01:36) The Best Short-Term Rental Ever?

(02:53) Airbnb is Changing 

(11:11) Airbnb is Changing 

(13:34) Regulations and Airbnb Bans

(20:51) How to Stand Out

(24:45) Tips to Increase Bookings

(31:49) 2025 Predictions 

(35:16) Meet Zach at BPCon24! 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-994

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

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Should I pay off my rentals or scale to more doors? Should I start flipping houses in my local but expensive market or go long-distance? When is the time to move from residential to commercial real estate? We’ve got some crucial questions to answer on today’s Seeing Greene as David and Rob tackle the best ways to build wealth and set yourself up for retirement in 2024. Want to reach financial freedom faster? Then, this is the show for you.

First, an investor who eagerly wants to retire asks whether he should flip houses in the expensive San Francisco Bay Area or begin in a lower-priced area. Next, when is it time to scale vs. pay off your rental properties? When partnering on a house hack, who’s responsible for what, and how do you split up the finances? Finally, a return caller asks about the pros and cons of residential vs. commercial real estate and whether bigger properties will help him reach his goal of retiring with a sizable rental portfolio. 

Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show! 

In This Episode We Cover

Where to start flipping houses and whether an expensive market is too risky for rookies

When to scale vs. pay off your rental properties (EVEN if they have low interest rates!)

Partnering on a house hack and how to split responsibilities/profits when one partner lives in the property 

Residential vs. commercial real estate and the pros/cons of buying BIG properties 

When to trade your small rentals for larger properties with better potential 

And So Much More!

Links from the Show

Ask Your Question and Network with Investors on the BiggerPockets Forums

Join BiggerPockets for FREE

Ask David Your Real Estate Investing Question

See David and Rob at BPCON2024 in Cancun!

Grab the Book “Long-Distance Real Estate Investing”

Find Investor-Friendly Lenders

Seeing Greene 985 – How to Use Home Equity to Retire, Buy Rentals, or House Hack

Money Show 543 – Finance Friday: How the “Middle-Class Trap” Stops Your Early Retirement

BiggerPockets Real Estate Podcast 763 – Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat

Seeing Greene 747 – “Amplifying” Your Equity and When to Pay Off Debt vs. Invest

Get a BIG incentive on turnkey rentals from today’s show sponsor, Rent to Retirement. Text “REI” to 33777 or visit them here: https://www.renttoretirement.com/

(00:00) Intro

(01:14) Should I Start Flipping Houses? 

(11:37) Scale or Pay Off Properties? 

(15:46) Partnering on a House Hack?

(21:33) Comment Section Callout 

(24:03) Residential vs. Commercial Real Estate

(41:37) Share Your Thoughts! 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-993

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

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