BiggerPockets Real Estate Podcast-logo

BiggerPockets Real Estate Podcast

Business & Economics Podcasts

On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Monday, Wednesday, and Friday.

Location:

United States

Description:

On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Monday, Wednesday, and Friday.

Language:

English


Episodes
Ask host to enable sharing for playback control

955: BiggerNews: Real Estate vs. Stocks, the Ultimate Wealth-Building Debate w/The Motley Fool!

5/17/2024
Which will make you richer: real estate vs. stocks? We brought the fine folks from The Motley Fool on the podcast to get into a serious debate over which asset makes you more money, which is easier to invest in, and which saves you the most in taxes. We’ll go head-to-head against The Motley Fool’s Jason Moser and Matt Argersinger to finally answer the age-old question: Should you invest in stocks, real estate, or both? For this debate, we had to bring out the big guns. That’s why Dave Meyer and BiggerPockets CEO Scott Trench will be on team real estate for this debate, as Chris Hutchins from All the Hacks moderates to ensure things stay fair. Although we’d love to admit that we crushed this debate, there are some moments when the stock investors will surprise you, showing that real estate may not be for everyone and how stocks beat real estate in numerous ways. But that doesn’t answer the question, “Does real estate make you richer?” Don’t worry; we’ll get into all that in this debate. Stick around as we get into the topics you care about most: building wealth, barriers to entry, volatility and risk, diversification, REITs vs. rentals, leverage and liquidity, time commitments, tax advantages, and more. If you’re itching to park your cash in an investment, hear out the debate BEFORE you make a move! Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover The ultimate real estate vs. stocks debate (and which will make you richer) Barriers to entry and which asset class is the EASIEST for beginners Volatility and risk, and the sizable advantage real estate has for stable pricing REITs (real estate investment trusts) vs. rentals and the more “passive” type of real estate investing How much time it actually takes to succeed at stock investing and landlording The MASSIVE tax advantages to real estate investing that stocks cannot beat Why BiggerPockets CEO Scott Trench invests more in stocks than in real estate (!?) And So Much More! (00:00) Intro (02:20) Stocks vs. Real Estate Investing (04:08) Building Wealth (08:43) Barriers to Entry (14:50 )Volatility and Risk (20:41) Diversification (23:42) REITs (Real Estate Investment Trusts) vs. Rentals (32:57) Time Commitments (35:53) Leverage and Liquidity (41:12) Tax Advantages (43:54) Closing Arguments Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-955 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:52:57

Ask host to enable sharing for playback control

954: Cheap Old Houses: Buying Fixer-Uppers for Just $100K w/Ethan and Elizabeth Finkelstein

5/15/2024
Would you buy a house for $100K? That’s right, just twenty-five percent of the median home price in America. Well, we found a couple who does just that, finding fixer-upper properties that often cost less than six figures and turning them into eye-catching, head-turning homes. They even argue that these cheap old homes are BETTER than the newer-built house flips that so many investors are targeting today. So, how do you find your next $100K home, and where do you start looking? Elizabeth and Ethan Finkelstein, the brains behind HGTV’s Cheap Old Houses and the social media account by the same name with millions of followers, join us on today’s show. Elizabeth and Ethan love cheap old houses, but not for the reason you think. Most investors purely look at the numbers or the profit potential, but Elizabeth and Ethan see beyond that, fixing up old houses to not only collect the significant equity gain but restore communities and bring back long-forgotten styles, materials, and looks. They’ve bought houses for as cheap as $27,000 and turned them into homes anyone would dream of having. If you’re an investor without much capital and can get a little handy, these old houses could explode your portfolio. But who SHOULD be buying these cheap old houses? Stick around as Elizabeth and Ethan give their expert advice on what to DIY vs. hire out, which old pieces to keep, the best way for beginners to get started with little money, and the decades that built the BEST houses! In This Episode We Cover How to get on the path to financial freedom by buying cheap old houses Buying houses for just $27,000 and where to find these types of homes How old is old enough, and the decades when building quality starts to decline Using the “live in flip” strategy to buy your first fixer-upper or primary residence DIY vs. hiring it out and the tasks that Elizabeth and Ethan enjoy the most And So Much More! (00:00) Intro (01:24) Why Cheap Old Houses? (05:16) $150K Houses!? (07:17) Rehabbing New vs. Old Houses (19:03) Who Should Do These Rehabs? (20:11) Best Ways to Get Started (23:38) DIY vs. Hiring it Out (27:47) Connect with Ethan and Elizabeth! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-954 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:36:59

Ask host to enable sharing for playback control

953: Is the 1% Rule Dead? + Why Building (NOT Buying) Could Make You More

5/14/2024
Could building houses make you more money than buying existing ones? When should someone use the 1% rule in real estate, and when does this metric point to a cash flow disaster? What’s the best way to get more capital or funding for future real estate deals: get a HELOC on your primary residence or look for investor-only DSCR loans? We’re pulling some of the top questions from the BiggerPockets Forums and giving our answers on today’s show! Expert investors Dave Meyer, James Dainard, and Kathy Fettke from the BiggerPockets On the Market podcast are on today to answer YOUR real estate investing questions. First, we return to the age-old debate, “Does the 1% rule exist anymore?” With high home prices and lagging rent growth, this once foolproof metric could be an outdated calculation inexperienced real estate investors should avoid. Next, can you make more money building houses than flipping houses? Are turnkey rentals the best “low headache” real estate investment? We’ll answer that and give our thoughts on when to use a HELOC (home equity line of credit) vs. a DSCR loan (debt service coverage ratio). Finally, for our out-of-state investors, we share the top metrics to look at BEFORE you invest in a new market. Want to ask a real estate investing question? Post yours in the BiggerPockets Forums, and we might select it for our next show! In This Episode We Cover The 1% rule explained and when you should (and definitely shouldn’t) use it to decide on deals Building new construction vs. flipping houses, plus which could make you more in 2024 Turnkey real estate investing and whether the lost value-add potential is worth the passive income HELOCs (home equity lines of credit) vs. DSCR (debt service coverage ratio) loans Best tools to use and metrics to track when looking into out-of-state investing markets And So Much More! (00:00) Intro (00:46) Is the 1% Rule Dead? (08:24) Building vs. Flipping Houses (14:30) Are Turnkey Rentals Worth It? (20:56) HELOCs vs. DSCR Loans (25:07) Local Market Metrics to Track (30:46) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-953 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:39:52

Ask host to enable sharing for playback control

952: From Broke College Graduate to Financial Freedom While Living Abroad w/Dave Meyer

5/13/2024
You don’t have to race to financial independence to get there. Dave Meyer, VP of Market Intelligence at BiggerPockets, took his time building up passive income, and years later, it’s what has allowed him to amass impressive wealth all while living abroad, working where he wants, and securing a very stable retirement. But Dave wasn’t always some housing market genius who knew every statistic and metric about real estate investing. He started as a broke college student with no job prospects, struggling to pay his own rent. After graduating college during one of the worst recessions America had ever experienced, Dave was waiting tables to keep the lights on. He realized that he needed a different way to get ahead, and just getting a job wasn’t going to be enough. So, even with no money, Dave convinced a few friends to buy a house together while he borrowed money for his share of the down payment. Dave managed the property, took the tenant phone calls, and did what he had to do to learn the real estate ropes. And…it worked! Now, a decade and a half later, Dave has an entire real estate portfolio of long-term and short-term rentals and passive income streams from syndication investments, but this all started with one small deal he took a chance on. Today, Dave shares every part of his story, from finding the first deal to moving abroad, pausing buying rentals, and why he’s getting BACK in the game now and doing deals again! In This Episode We Cover How to invest in real estate even if you’re starting from zero with NO money The power of house hacking and how this strategy can explode your real estate portfolio Optimizing your portfolio and how to systematize your rentals so YOU don’t do all the work Investing during a housing crash and why most Americans were running from rental properties Passive investing through real estate syndications and the pros and cons of putting your money in one Why Dave is finally getting back into the rental property game after years on the sidelines And So Much More! (00:00) Intro (01:08) First Rental with NO Money (12:25) Optimizing His Portfolio (18:30) Investing During the Crash (19:46) Moving Abroad (21:45) Passive vs. Active Investments (30:59) Dave’s Current Portfolio Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-952 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:43:16

Ask host to enable sharing for playback control

951: BiggerNews: Why Low Mortgage Rates Can't Solve Our Affordability Crisis w/Andy Walden

5/10/2024
Housing prices won’t budge, but there could be some relief on the horizon for homebuyers. As America’s affordability crisis continues to strain consumers, one of the most considerable costs, housing, is much to blame. Rising mortgage rates are making monthly payments significantly more expensive than just a few years prior, but how long can this last? According to the Vice President of Enterprise Research Strategy at ICE, Andy Walden, not much longer. Every month, Andy’s team at ICE releases their Mortgage Monitor data reports, sharing valuable insights on what’s happening in the housing market. On this BiggerNews, we’re asking Andy to share what the data is telling him about home prices, mortgage rates, housing inventory, and buyer demand but, even more importantly, where we could be headed in 2024 and whether or not this hot housing market still has room to run. While there has been huge home price growth over the last few years, Andy reckons prices could begin to “soften” as affordability reaches its breaking point. With demand retreating from the market and housing inventory still on the rise, prices may start to decline, and even if interest rates do fall again, we may not see the uptick in demand many home sellers are waiting for. Stick around as we unpack exactly what’s moving the housing market with ICE’s Andy Walden! Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Why home prices may begin to “soften” in 2024 and what’s causing demand to fall How to predict housing market trends and the key metrics that indicate potential price movement The “lock-in” effect that’s causing homeowners to hold on to their properties Why inventory is quickly rising across much of America, EVEN with sky-high rates The ongoing affordability crisis and the dramatic changes that could solve it Record home equity and why American homeowners may be richer than ever And So Much More! (00:00) Intro (01:37) Home Prices Hit New Highs (06:08) How to Predict Market Trends (09:53) Will Prices Soften? (11:37) Why is Inventory Rising? (19:09) Rate Cuts Won’t Solve This (27:15) The Cure for Low Affordability (29:15) Home Equity Breaks Record Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-951 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:37:45

Ask host to enable sharing for playback control

950: The Easiest Way to Invest in Real Estate in 2024 w/Terrence Terrell

5/8/2024
There’s one way to invest in real estate that’s cheaper, easier, and more efficient than almost any other strategy. It allows you to get the best mortgage rates with the lowest down payments and buy properties in the best areas. And you can do it every single year until you grow a massive real estate portfolio. Real estate millionaires have been made using this strategy, but most Americans have no idea about it. What’s the wealth-building secret that savvy investors are taking advantage of? Of course, it’s house hacking. If you’ve never heard of house hacking before, the concept is simple: You buy a single-family home or a small multifamily property and rent out the space you’re not using. This not only allows you access to the best mortgages but also keeps your mortgage cost lower than living on your own. This strategy is so good that expert investor Dave Meyer and today’s lender guest, Terrence Terrell, have used it repeatedly to build serious wealth. If you’re a first-time homebuyer or have a home but want to get into rental property investing, this is THE strategy to try first. Terrence gives a beginner-friendly masterclass on house hacking, showcasing the huge benefits of house hacking’s low-money-down loans, what you need to have to qualify for a mortgage, the common misconceptions most people get wrong about house hacking, and how to use this strategy to build wealth fast. In This Episode We Cover House hacking explained and why it’s the easiest beginner real estate investing strategy How to buy your first investment property with as little as ONE percent down Qualifying for a mortgage and what first-time homebuyers must know before they apply The free way to find out whether or not you’ll be able to get financing for your house hack The easy, low-money-down way to build a real estate portfolio by house hacking And So Much More! (00:00) Intro (01:26) What is House Hacking? (03:16) Put Just 1% Down! (07:50) Who Should House Hack? (09:28) It's Not as Hard As You Think (11:55) What Homebuyers Need to Know (14:51) Qualifying for a Mortgage (18:43) Advice for First-Time House Hackers Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-950 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:29:36

Ask host to enable sharing for playback control

949: Seeing Greene: Is Losing $800/Month in Cash Flow Worth $200K+ Equity?

5/7/2024
Would you buy a rental property that loses money every month? What if, in a few years, that one property could make you hundreds of thousands of dollars? Would the negative cash flow be worth the massive appreciation upside? Today, we’re answering that exact question from an investor who could be sitting on a wealth-building opportunity but doesn’t know what decision to make. Should he buy the "bleeding" property at a steep discount or give up this needle in the housing market haystack to avoid a cash flow trap? Let’s find out! We’re back on Seeing Greene as David and Rob, your go-to real estate investing experts, answer questions directly from BiggerPockets Real Estate listeners like you! First, an investor has a rare opportunity to buy “Grandma’s house” with over $200K+ in potential equity upside. The problem? It will LOSE $800/month! Next, a new property manager wants to know how to raise rents on a twenty-year tenant. Do you pay capital gains on the profit of your home sale or the entire amount? We’ll show you how to know how much you owe. Then, an investor debates selling his C-class cash-flowing properties in exchange for appreciating assets, and we explain the “sneaky rental” tactic that’ll take you to ten rental properties in no time! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover Negative cash flow and one of the ONLY times it makes sense to buy a “bleeding” rental How to raise rents (the right way) on a long-term tenant Capital gains tax explained and how much YOU could owe on your next home sale Whether to trade cash flow for appreciation and selling your rentals that don’t have room to grow The “sneaky” rental tactic that allows you to scale a real estate portfolio FAST And So Much More! (00:00) Intro (01:23) Losing $800/Month to Make $200K? (11:59) Raising Rents On 20-Year Tenant (21:28) Comment Section & Capital Gains 101 (25:47) Trade Cash Flow Portfolio for Appreciation? (33:05) The "Sneaky Rental" Tactic (38:20) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-949 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:46:13

Ask host to enable sharing for playback control

948: 10 Rentals in 5 Years by Buying in Overlooked Short-Term Rental Markets w/Jarrod Tucker and Yiwei Cheng

5/6/2024
When you think about short-term rental and Airbnb markets, what comes to mind? Joshua Tree, the Smoky Mountains, maybe Destin? We all know about the famous short-term rental markets, but what about the not-so-famous ones? You know, the unsexy markets where you book an Airbnb for a conference or when you’re going to see extended family? That’s right; we’re talking about everyday American markets like Cincinnati, Ohio. But surprisingly, these markets make some of the best investments for short-term rental investors like Jarrod Tucker and Yiwei Cheng. Jarrod and Yiwei moved to Cincinnati for work shortly after catching the real estate investing bug. They knew they wanted to invest in real estate, but long-term rentals only came with measly cash flow that would never support their passive income goals. So, what’s the next best option? Short-term rentals! Unfortunately, Cincinnati isn’t known as a popular vacation getaway, but it didn’t have to be to support Jarrod and Yiwei’s cash flow dreams! Now, five years after the start of their investing journey, they have ten rentals of their own and manage a couple dozen more for other investors. The question is, how do you make money with short-term rentals in an unsexy market? Jarrod and Yiwei walk through their tips for finding the right properties, keeping occupancy rates high, buying real estate when your DTI (debt-to-income) gets maxed out, and why you MUST separate yourself from the basic short-term rentals to reach your financial goals. In This Episode We Cover The three types of short-term rental guests who consistently come to markets like Cincinnati How to set your Airbnb apart if you’re in a saturated short-term rental market Tips for higher occupancy and what you MUST have to get more bookings Scaling your real estate portfolio when you have high DTI (debt-to-income) Using partnerships to buy even more properties when you’re low on cash Why you DON’T need to invest in high-priced, popular vacation destinations And So Much More! (00:00) Intro (01:36) The Accidental Airbnb Host (08:07) Short-Term Rentals in…Cincinnati? (13:37) Are Short-Term Rentals Saturated? (19:46) Tips for Higher Occupancy (22:31) Scaling with High DTI (Debt-to-Income) (32:24) Advice for New Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-948 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:41:43

Ask host to enable sharing for playback control

947: 2024 Deals We’re Doing with High Cash Flow and Rock-Bottom Rates (4.75%!)

5/3/2024
Want a low mortgage rate? We mean a really low rate—like 4.75% in 2024 low. What about half a million in profit on a sneaky development deal? Or, maybe you’d settle for a quick house flip that pockets you $55,000 on a bad day. These aren’t made-up numbers; these are REAL deals that our expert investing panel is doing in today’s hot, hot housing market. And if you know where to find deals and steals like these, you, too, could be taking home huge profits like they are! Thankfully, they’re sharing all their secrets on today’s episode! David and Rob are taking some time off to play pickleball, while Dave Meyer and the entire On the Market podcast panel join us today! In this show, we’re talking about the real estate deals getting done in 2024. Each expert brings in a deal they’ve recently done and showcases how they found it, what they bought it for, how much cash flow or profit they’re going to make, and advice to help YOU repeat these home-run real estate deals. First, Dave will share about a cash-flowing on-market rental property he bought (while abroad!) thanks to his inventor-friendly agent. Kathy Fettke gives tips on getting a low mortgage rate on your next new construction rental and how doing so could massively boost your cash flow. Henry Washington walks through a quick flip that will make him $55,000 on the low end and the ingenious way he found this deal. And finally, James Dainard talks about the almost unbelievably good development deal he’s doing in Seattle that will profit $500,000 (yes, that’s half a million!). In This Episode We Cover: How to score a mortgage rate in the four-percent range by buying new construction rentals The three big housing market challenges of 2024 and how investors can overcome them How to find cash-flowing, on-market rental properties by investing out-of-state One of the smartest ways to find off-market real estate deals for flipping or holding The one contract clause that is helping James make $500K+ on his new development deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets' Instagram On the “On the Market” Podcast Investing in Real Estate Out of State: What You Need To Know 4 Vital Points to Consider BEFORE Getting Into New Construction Flipping Houses: How to Get Started and Everything You Should Know What Exactly Is an Accessory Dwelling Unit (DADU/ADU) (00:00) Intro (01:19) Investing Challenges of 2024 (08:17) 1. Cash-Flowing On-Market Rental (14:41) 2. New Construction with a 4.75% Rate! (20:44) 3. $55K House Flip Profit! (26:11) 4. Making $500K with DADUs! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-947 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:41:47

Ask host to enable sharing for playback control

946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel

5/1/2024
Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to attend, festivals were canceled, and human-to-human contact was limited as much as possible. As a result, famous musicians began to become real estate agents, mortgage brokers, investors, house hackers, and everything in between to pay their bills. And guess what—it worked! Now, touring is back on, but those whose job is pursuing their passions still need extra income to take care of their bills during slow seasons or to build wealth. That’s where Juliet Lalouel from Heavy Realty comes in. Juliet is a Colorado and Hawaii-based investor and real estate agent who helps the music and creative communities find ways to fast-track their financial freedom to keep doing what they love. But her message doesn’t just apply to musicians. Anyone who loves what they do but wants more financial stability can take these lessons to heart. Today, we’re talking about how anyone from any background can use real estate to supplement their income, pay their bills, and help them build wealth. Juliet shares why you may make a great real estate investor/professional without even knowing it and the beginner investments that ANYONE can try to start building a strong financial fortress, even if you’re a real estate enthusiast by day and a rock star by night. In This Episode We Cover Real estate side hustles that’ll help you make extra income no matter your experience Why musicians and creatives make GREAT real estate investors The best ways to start making money with real estate and how to find your perfect role Beginner investments for anyone to start building wealth today Financing your first investment property, even if you DON’T have a W2 Why real estate is the ultimate side income stream to support your dreams And So Much More! (00:00) Intro (01:36) Anyone Can Invest (05:07) Why Musicians Make Great Investors (07:53) The Best Way to Get Started (13:40) Beginner Investments (17:57) Financing Your 1st Property (20:52) Do Your Passion Full-Time Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-946 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:31:19

Ask host to enable sharing for playback control

945: Seeing Greene: Stolen Properties and Why Your Rate Doesn't (Really) Matter

4/30/2024
There’s a silent threat out there that most real estate investors have no idea about. It’s a threat that could take away all your cash flow, ruin your real estate portfolio, and put you right back to square one after years of work. And even the most seasoned investors aren’t immune to this threat—our own David Greene almost got caught in this trap and had to act quickly to escape. What’s the danger we’re discussing, and how do you ensure YOU don’t lose everything? We’re about to tell you! We’re back on another Seeing Greene as David and Rob take your real estate investing questions and give up-to-date advice on what they’d do in your situation. First, a real estate investor sees his cash flow disappear due to rising operating expenses—should he sell the property or keep a low/no cash-flowing deal? Then, we talk about the silent threat targeting real estate investors—title fraud. An investor wants to know if a low mortgage rate on a subject to deal warrants a higher price, and Rob and David debate whether investing in expensive markets is worth the cost. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Title fraud explained and how silent thieves can steal your real estate portfolio without you even knowing it Whether to keep, sell, or 1031 exchange a rental property that won’t cash flow The real value of a low interest rate and why many investors get this wrong Warning signs that your properties are being stolen out from under you Investing in expensive markets and why we would/wouldn’t invest in states like Hawaii And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram This “CARFAX for Properties” Could Change EVERYTHING About Investing Ponzi Schemes, Property Fraud, and How to NOT Fall for a Real Estate Scam Cash Flow For Rental Properties: What is Average or Good? Get Short-Term Rental Comps with AirDNA (00:00) Intro (01:25) My Cash Flow Disappeared! (08:05) The Biggest Threat to Your Portfolio? (15:03) Comment Section Callout! (19:06) Would We Invest in Hawaii? (28:15) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-945 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:35:58

Ask host to enable sharing for playback control

944: 3 Ways We Find Real Estate Deals Even During the Harshest Housing Markets

4/29/2024
It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental property isn’t as easy as before. But maybe that’s just because most people don’t know where to look for these properties. In reality, there are steals and deals all around us, and if our hosts can take down home-run real estate deals in this housing market, what’s stopping you from doing it, too? So today, David Greene and Dave Meyer are giving you three ways to find your next real estate deal using both on AND off-market investing tactics. The majority of Americans ignore these tactics, and only serious or savvy investors will follow through on them. Once you know where to find these deals, the deal flow doesn’t stop. If you can master any of these three tactics, you’ll have a source of profitable investment properties streaming to you for years to come. First, we’ll show you how to find off-market deals and a few strategies you can use to locate and engage with motivated sellers. Next, we’re sharing the exact networking play to get real estate deals sent straight to you. And if you think on-market (MLS) deals are dead, you couldn’t be more wrong. David shares how he picked up an on-market luxury vacation rental for a surprisingly low price, all because he knew where to look! Looking for cash-flowing short and medium-term rental properties in the best investing markets in America? Visit Rent to Retirement or text “REI” to 33777! In This Episode We Cover: The three “buckets” for finding your first or next real estate deal in 2024 “Off-market real estate” explained and why most people get it wrong How Dave was able to find off-market deals just by…riding his bike? The people you MUST connect with if you want real estate deals sent to you consistently The overlooked on-market properties that ANY investor can find with huge price-cut potential And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram David' BiggerPockets David's Instagram How to Find a Deal When Inventory Is Low 30 Ways Find Good Real Estate Deals In 2024 (00:00) Intro (01:25) 1. Discounted Off-Market Deals (09:56) 2. Talk to These People (16:43) 3. Overlooked MLS Properties (25:50) Find Your Next Deal! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-944 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:33:34

Ask host to enable sharing for playback control

943: BiggerNews: Can’t Qualify for Another Mortgage? Try THESE Investor Loans w/Jeff Welgan

4/26/2024
Want to scale your real estate portfolio faster? These investment property loans can help. Most real estate investors get stuck early on in their journey. They buy some properties and build up some comfortable cash flow, but then…they can’t qualify for another loan. They’ve either reached the maximum limit on conventional mortgages OR don’t have enough income to qualify for bigger and better investments. So what do they do? Give up? Settle with a small rental portfolio? No, they use THESE investment property loans instead. Jeff Welgan, our investor-friendly lender expert, is back to show us what we’ve been missing. From DSCR (debt service coverage ratio) loans that help you scale to more doors, to no-income-necessary investor loans that don’t look at your income, to business bank statement loans that’ll let you buy homes based on your business’s cash flow, these mortgages can help anyone in any position, purchase real estate faster. If your DTI (debt-to-income) ratio is too high and you’re struggling to qualify for another mortgage, this is THE episode for you. We’ll discuss using your property’s rent to qualify for more, loans that get around DTI requirements, using your business to fund your deals, and the mortgages you should look into FIRST before you move on to more complex loan products. Stick around if you’re ready to scale faster! Thank you to our sponsor, Rent App: the free and easy way to collect rent. In This Episode We Cover Why you cannot overlook rehabbing older homes and outdated properties The two things that tell Lisa an older home ISN’T worth investing in Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high DealMachine’s five ways to find motivated sellers in any market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram Find an Investor-Friendly Tax Pro Today Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Real Estate Podcast 939 - BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan What Is Debt to Income Ratio? (DTI) DSCR Loans: What Are They And How To Get The Best Terms Connect with Jeff: Jeff's Instagram Jeff's LinkedIn Jeff's Website (00:00) Intro (03:20) What is DTI? (07:03) Use Rent to Qualify! (09:32) How to Qualify for More (13:30) Investment Loans You’ve Never Heard of (21:48) No Income to Qualify? (26:04) Which Loan to Choose? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-943 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:34:52

Ask host to enable sharing for playback control

942: Building Wealth with OLD Homes and How to Keep Tenants for Longer w/Lisa Field Moore

4/24/2024
How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too. In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!). Want to know how to find these older homes with wealth-building potential? Stick around because DealMachine gives us a bonus segment on the five ways to find a motivated seller in ANY market! In This Episode We Cover: Why you cannot overlook rehabbing older homes and outdated properties The two things that tell Lisa an older home ISN’T worth investing in Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high DealMachine’s five ways to find motivated sellers in any market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry’s Instagram BiggerPockets' Instagram 8 Things to Look for When Rehabbing Older Homes Pros and Cons of Old vs. New Rentals Connect with Lisa: Lisa's BiggerPockets Profile Lisa's Facebook Lisa's Instagram Lisa's LinkedIn Lisa's Website (00:00) Intro (01:31) Investing in OLD Houses (05:22) Signs of a Solid Property (10:18) $100K Rehab Gone WRONG (16:06) How to Avoid Bad Deals (19:42) When to Hold and When to Sell (23:54) Tenant Retention 101 (34:27) 5 Ways to Find Motivated Sellers Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-942 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:47:06

Ask host to enable sharing for playback control

941: Seeing Greene: Are Home Warranties Worth It & When to Pay Off Debt vs. Invest?

4/23/2024
Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true? What if there was a way to pay off debt WHILE investing, so you could lower your liabilities AND build wealth in the background? And what if you could do that even if you were hundreds of thousands of dollars in debt? If this sounds like your situation, this Seeing Greene is for you! David and Rob are back, answering your real estate questions so YOU can build wealth faster, reach financial freedom, and live the life you love. Our first question comes from a concerned rental property owner wondering why his property management company can’t do something seemingly simple. Then, a nationwide investor asks, “Are home warranties ever worth it?” A medical student with massive student loans asks how to start investing while in debt, and an aspiring investor asks how to turn his inherited rental property into a big portfolio. Will robots cause the downfall of real estate, and when is it the right time to add a bedroom to your rental? All that and more are coming up in this episode! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Should you invest or pay down debt? We have a strategy for doing BOTH! What to do when your property management company ISN’T doing what you want Home warranties 101: an appliance saver or a complete waste of money? How to turn one rental property into an entire portfolio using HELOCs and cash-out refinances Whether or not construction “robots” will cause home prices to plunge When (and when NOT) to add bedrooms or extra space to your rental property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate? Should I Pay Off My Student Loan or Invest in Real Estate? Complete Guide to Home Warranties Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-941 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:44:45

Ask host to enable sharing for playback control

940: Crucial Questions to Ask an Agent and How to Negotiate Commissions w/James Dainard

4/22/2024
Everyone knows how to find a real estate agent. But an investor-friendly agent—one who will find deals for you, run the numbers, hook you up with contractors, and help you get funding—isn’t the same as your neighborhood agent down the street. These agents have connections that can help skyrocket a new real estate investor’s portfolio and bring them deals that no one else knows about. So, how do you find these diamond-in-the-rough real estate agents? You need to ask THESE questions. To help you vet your future investor-friendly real estate agent is James Dainard. James is a flipper, wholesaler, broker, investor, and lender in the Seattle, Washington, area. He’s been buying and selling houses for two decades and does more deals in one month than most investors do in years! He’s here to guide any investor through finding an investor-friendly agent, the crucial questions you MUST ask at the start, his number one tip for finding the best agents in an area, and how agents can set themselves apart from the competition. But that’s not all. With the latest agent commission lawsuits, more buyers are aware that commissions are negotiable. So, whether you’re looking to get a steal on your next deal or want a first-class buying and selling experience, James walks through how you may now be able to negotiate what commission you want to give an agent, depending on what matters most to you. In This Episode We Cover: The best place to find a real estate agent (for investors!) Questions you MUST ask any “investor-friendly” agent BEFORE you use them The services that expert-level agents provide that’ll help you build wealth faster Negotiating agent commissions and how the recent NAR lawsuit could change the agent landscape How to make sure that your agent knows what they’re talking about when they bring you deals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram 5 Ways to Find an Investor-Friendly Real Estate Agent Connect with James: James' BiggerPockets Profile James' Instagram Broker Website James' YouTube (00:00) Intro (00:52) Regular vs. Investor-Friendly Agents (04:21) Services to Look For (08:47) How to Find the Right Agent (13:50) #1 Tip to Try (17:04) Questions to Ask Your Agent (19:36) Elite Agents Have This (25:22) Negotiating Commissions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-940 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:39:56

Ask host to enable sharing for playback control

939: BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan

4/19/2024
If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down mortgages coming out specifically to help first-time home buyers finally get into a property, you can now buy a house for no money out of pocket, with your entire purchase price and closing costs covered. These 100% financeable loans aren’t a secret, so why don’t most first-time home buyers know about them? In this BiggerNews, we’re diving deep into the best first-time home buyer loans available in 2024, how to pick up your first property for NO MONEY out of pocket, and low-money-down multifamily deals any brand new investor can start buying today. With affordability at nearly forty-year lows, most Americans struggle to save up a down payment, even if they have enough income to qualify for a home loan. This is where 100% financeable loans come in, making it easier than ever to buy your first home. So, who can get approved for these first-time home buyer mortgages, where do you find them, and how do they work? Jeff goes through these programs on the federal and state levels, showing first-time home buyers where to find them, which loans to avoid, and whether or not they can use these loans to buy their next property. Thank you to our sponsor, Rent App: the free and easy way to collect rent. In This Episode We Cover: How to get 100% financing on your first property (no money down!) Who qualifies for these first-time home buyer loans, and which properties require a down payment The problem with FHA loans and where you should/shouldn’t use them Rate buydowns and why this once valuable tool is no longer being used How to invest in small multifamily with VERY little money down And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Grab the “First-Time Home Buyer” Book from BiggerPockets 4 Popular Mortgage Programs for First-Time Home Buyers Connect with Jeff: Jeff's Instagram Jeff's LinkedIn Jeff's Website (00:00) Intro (01:12) 100% Financing For Your FIRST Home? (06:28) How These Loans Work (11:40) The Problem with FHA Loans? (14:35) Getting a Lower Mortgage Rate (25:30) Low Money Down Multifamily Investing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-939 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:38:54

Ask host to enable sharing for playback control

938: Scaling from 0 to 20+ Doors Using These "Self-Management" Tools & Tips w/Amelia McGee and Grace Gudenkauf

4/17/2024
If there’s one thing that’ll make or break your real estate portfolio, it’s property management. When done correctly, property management can feed you consistent, passive income without the everyday stressors of being a landlord. Whenever you hear people talking about bad tenants, midnight phone calls, or surprise maintenance problems, they’re really talking about property management gone wrong. So, how does a rookie real estate investor, with even just one rental property, start managing the right way so they can scale their portfolio faster? Amelia McGee and Grace Gudenkauf, authors of The Self-Managing Landlord, did it all wrong initially. They were picking up every tenant phone call, placing every service request, taking rent payments every which way, and here’s the thing—none of it was working. As they scaled their portfolios, things only got more difficult until finally, one day, they stopped and developed a system, and like that, their businesses took off. Now, only a few years into real estate investing, both Amelia and Grace have dozens of rental units to their names and less stress than ever before. How did they do it all WITHOUT hiring everything out to a property manager? In today’s show, they’ll share the self-managing principles they used to explode their rental portfolios while staying sane! And if you’re a new investor or are about to be one, these tips could save you YEARS of headaches! In This Episode We Cover: Why EVERY real estate investor should be self-managing when building their portfolio How to start building your property management “system” that’ll save you HOURS a week What brand new investors NEED to start doing once they have their first property Three apps/software that every real estate investor should have Tenant selection 101 and simple mistakes that could cost you months of rent How to know it's time to start outsourcing and signs you need some help And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Rookie Podcast 111 - 26 Doors in 1 Year? Here’s How You Can Do It Too! w/Amelia McGee Rookie Podcast 161 - Using Calculated Risk to Acquire 17 Doors In Under a Year (at Age 24!) w/ Grace Gudenkauf Self-Management vs. Property Management Company: What’s Right for You? Book Mentioned in the Show The Self-Managing Landord by Amelia McGee & Grace Gudenkauf Connect with Grace & Amelia: Amelia's Instagram Grace's Instagram Amelia and Grace's Website (00:00) Intro (01:48) EVERYONE Should Self-Manage (04:06) How Bad Management Burns YOU (09:31) Start Doing This NOW (14:08) Tips for Your First Rental Property (19:26) 3 Apps/Software You Need (22:44) Tenant Selection and Screening (26:56) Outsourcing vs. DIY (32:21) When to Hire it Out (36:11) Grab the Book! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-938 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:43:29

Ask host to enable sharing for playback control

937: Seeing Greene: Paying Off Rentals, Estimating Crime, & Replacing Your Salary

4/16/2024
Should I pay off my rental property or reinvest? How do I replace my six-figure salary with cash flow from real estate investing? And what’s the best way to analyze crime BEFORE I invest in an area? You asked, and we’re here to answer on this episode of Seeing Greene as we take questions from rookie real estate investors, veterans in the rental property game, and everyone in between. If you want to scale your portfolio faster or quit your job with real estate, this is the place to be! First, we take a question from a high-earner asking whether they should pay off their rental properties OR use their extra money to build a bigger portfolio faster. A fledgling house hacker wants to know the best way to analyze an investing area for crime now that many online listing websites have taken down this data. A business owner is struggling to find real estate write-offs and asks for help, and a rental property investor needs to know which commercial real estate investment boasts the biggest cash flow. Finally, an anonymous question comes in from a techie who’s about to lose their job. How can they replace their six-figure income with rental properties fast? Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Whether to pay off your mortgages early or reinvest to build a bigger portfolio Replacing your salary with real estate income and why you may want to get a job instead How to analyze an investment area for crime with limited online data The short-term rental tax loophole that could save you a TON on taxes Will an ADU (accessory dwelling unit) add value to your property on an appraisal? Cash-flowing commercial real estate investments and why top investors pay attention to something else And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Ask Other Investors Their Takes on a Neighborhood Rookie Podcast 368 - Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij Real Estate Podcast 823 - The Tax-Free Strategy Only Real Estate Investors Can Access Real Estate Podcast 919 - How to Use Real Estate to Quit the 9-5 Grind Get a Short-Term Rental Cost Segregation Books Mentioned in the Show Pillars of Wealth by David Greene Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-937 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:42:04

Ask host to enable sharing for playback control

936: 4 Ways to Start Investing in Real Estate with NO or LOW Money

4/15/2024
Want to know how to invest in real estate with NO money down? Or, maybe you’ve got a bit of cash in the bank and think now is the time to get into the real estate investing game. No matter where you’re at or how much money you have, we’re bringing you four ways to invest in real estate with no money AND low money in 2024. Does it sound too good to be true? Thankfully, this is just how real estate works and our expert investor hosts can back up the facts—these methods CAN be done with little or no money down. Some of these strategies will get you in the game, making cash flow every month, EVEN without owning a rental property. Others will allow you to put very little money down to buy your first house, but you must be willing to follow a few rules. We’ll also get into the short-term rental side hustle that has landlords pay YOU for managing their property and exactly how Rob scored a three percent interest rate (in TODAY’s market) while putting very little money down on a property. Don’t let money stop you from starting your investing journey! Combine a few of these strategies, and you could have a cash-flowing rental property portfolio in just a few years’ time! In This Episode We Cover: How to start a real estate business without owning a single property! The exact method Rob used to score a three percent interest rate in 2024 How to buy one house every year using these low-money-down loans Real estate partnerships 101 and how to invest using other people’s money The property management side hustle for short-term rentals that could help you save up a down payment And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Network and Learn from Other Investors on The BiggerPockets Forums Grab “The Book on Investing in Real Estate with No (and Low) Money Down” How to Buy a Rental Property With No Money: 10 Strategies for Real Estate Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-936 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:34:11