BiggerPockets Real Estate Podcast

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! (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 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

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

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

Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you. Whether you want to own a home near the mountains of Mexico, the beaches of Belize, or a small seaside town, buying property abroad could make your dreams come true. But is it easy enough for a beginner? And what should you know before making the big jump to out-of-country real estate investing? Michael Cobb, an international real estate investing expert with over three decades of experience investing in Central America, joins us to give his time-tested advice. Michael hits on how these international investments are like “time machines,” allowing you to find the areas that could see significant popularity boosts in the future, pushing YOUR property values higher. He even shares which markets abroad are best for cash flow or appreciation. But before you jump the gun and buy a property abroad after your next cruise, heed Michael’s advice. He shares how to pick a market where investors can find the best returns and what you MUST do before you buy your first investment abroad. In This Episode We Cover International real estate investing 101 and what you can do to find your next market The “time machine” to cash flow and appreciation that most Americans overlook “Buyer beware” laws most Americans aren’t used to and why you NEED local help The three trips you should take before buying property abroad And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! Try Hospitable, The Highest-Rated Vacation Rental Software Grab the Book “Long-Distance Real Estate Investing” Find an Investor-Friendly Agent in Your Area 3 Things to Consider When Buying Properties Internationally (00:00) Intro (01:45) Why Invest Abroad? (05:51) Buying in Central America (10:50) Easy Enough for Beginners? (20:43) Where Investors Should Buy (26:11) Picking a Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-992 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

Airbnb bans escalate, a “tsunami” could be coming for this real estate niche, and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire On the Market panel are here to discuss four of the top real estate-related news stories from this week. First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying? Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode! In This Episode We Cover A world without Airbnb and whether the newest ban could actually help homebuyers Another “tsunami” coming for real estate and whether there’s truth behind the hype Private equity’s new plan to gobble up even more real estate as one niche suffers More fees for homebuyers as agent commissions change, but will this have to be paid out of pocket? “Sinking” cities causing rising insurance costs and sliding home values And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! The commercial real estate credit crunch: ‘There’s a tsunami coming’ What does a world without Airbnb look like? First-Time Homebuyers Could Face Thousands in New Costs Following NAR Settlement U.S. cities are sinking. Here’s what that means for homeowners Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area On The Market 201 – Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever (00:00) Intro (02:24) A “Tsunami” Coming? (13:08) The Airbnb Bans Begin (21:43) New Fees for Homebuyers? (28:31) Cities Are Sinking Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-991 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want financial freedom through real estate? Then, you’ll need to know how to buy a rental property. Don’t worry; even as a beginner, you can take three basic steps to buy your first rental property and start building the passive income you’ve always dreamed of. To help you out, Dave Meyer, BiggerPockets’ VP of Market Intelligence and a fourteen-year real estate investing veteran, will walk you through finding, evaluating, and offering on rental properties. Whether you’re a beginner or an active investor, these three steps will help you land more real estate deals with less effort and help you reach your financial goals faster. Not only that, Dave is giving his time-tested tips on how to make an irresistible offer to a seller—something that most real estate investors DON’T know how to do. Dave even shares every tool he uses to find, analyze, and research real estate deals so he can decide on a rental in minutes, NOT hours! Make 2024 the year you start investing for financial freedom. Sign up for BiggerPockets Pro using promo code “EVALPOD24” to get 20% off the industry’s best real estate investing tools. In This Episode We Cover How to find and buy your first rental property (even if you’re a complete beginner) Using real estate to reach financial freedom faster than you thought possible Finding real estate deals in 2024 and expert-investor tactics most have never heard of Using the BiggerPockets Rental Property Calculator to analyze deals in minutes Seven different tips to get a seller to accept your offer (EVEN in a competitive market) The one real estate investing tool that will speed up your path to building a portfolio And So Much More! (00:00) Intro (02:03) Want Financial Freedom? (09:00) 1. Finding Real Estate Deals (12:37) 2. Evaluating Properties (24:34) 3. Making Your Offer (29:10) Best Tool for Beginners (37:00) PRO CODE Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-3 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

In this episode, we’re sharing two of the real estate markets we’re investing in NOW. One you may have heard of and one you probably haven’t. Both have strong long-term fundamentals, a sizable renter population, and more demand than meets supply. Which markets are we talking about, and why did we pick them over the thousands of other real estate markets across America? We’ll go into detail on today’s show! Dave and Henry are sharing two of their favorite real estate markets, both seeing sizable returns EVEN in 2024. First, Henry talks about the buy and hold goldmine of a town with low-priced homes, strong rents, and sizable cash flow. Plus, with “opportunistic rehabs,” Henry is seeing his cash flow explode with some basic home renovations. Next, for the passive investors, Dave talks about a syndication deal that’s so good it’s giving him bonus distributions! With many passive investments seeing poor returns this year, Dave may make it rich with this historically relevant real estate market. Don’t know where you should invest next? Stick around to hear the investing experts give their take on finding a market. You can even use our Market Finder to find your perfect market in minutes! Once you’ve found a market, use the Deal Finder to search for rental property investments in the area! In This Episode We Cover Two real estate markets that Dave and Henry are investing in right now The Southern cash flow market with solid long-term potential How to use “opportunistic rehabs” to boost your cash flow even higher Syndication investing and why Dave bet on this one market with growing demand Four steps to finding your perfect real estate investing market for cash flow, appreciation, or both And So Much More Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Find Your Perfect Investing Market Today with BiggerPockets Market Finder Find Your Next Investment Property with BiggerPockets Deal Finder Grab Dave’s Latest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Choose an Out-of-State Market for Investment (in 3 Easy Steps!) (00:00) Intro (02:31) 1. Joplin, Missouri (05:56) Easy Cash Flow? (09:02) Why Joplin? (12:02) Visiting & Henry's "Cheat Code" (18:18) 2. Williamsburg, Virginia (22:16) Syndication Investing (28:26) How to Pick YOUR Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-990 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

Life happens, and you’ve accumulated some debt. You’re wondering how to buy real estate EVEN with a high DTI (debt-to-income) ratio. Whether it’s good debt, like rental property mortgages, or bad debt, like credit card debt, holding you back, David and Rob have some ideas to help YOU grow your real estate portfolio faster, make more passive income, and get yourself out of the red! In this Seeing Greene, we’re talking about good, bad, and ugly debt. First, a house hacker hits hurdles when trying to buy his next property due to his current mortgage. Thankfully, there’s a way to get around this using the “sneaky rental” strategy. An investor with a growing portfolio struggles to find a bookkeeper who can keep his finances together WITHOUT costing him an arm and a leg; David and Rob give two very different pieces of advice. Got bad debt? We give an investor options on what he should do to consolidate his $40,000 credit card balance. Wondering when to refinance your mortgage? A repeat caller asks whether a cash-out refinance on one of his properties is worth the rate increase and closing costs. Finally, what would you do with two houses on one lot? Renovate them and sell one? Keep them both as rentals? And how would you fund the renovation? David and Rob give their takes and a HUGE red flag that everyone trying to “subdivide” land should know about. In This Episode We Cover How to scale your real estate portfolio FAST with the “sneaky rental” strategy (even if you have debt!) When to refinance your mortgage and whether a higher rate is worth cash in the bank Bookkeeping for real estate investing beginners and how to not lose yourself in spreadsheets How to consolidate debt so you can continue to buy rental properties Where David and Rob are investing next, plus a BIG move one of them is making Subdividing lots and the one thing you MUST do before you even think about it And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Property Manager Finder See David and Rob at BPCON2024 in Cancun! Real Estate Podcast 675 – Seeing Greene: When Does It Make Sense to Refi with High Interest Rates? Grab David’s Book on the BRRRR Method (00:00) Intro (02:03) Scaling with “Sneaky Rentals” (08:02) Can't Keep Up with Bookkeeping! (14:29) How to Consolidate Debt (19:31) Where We're Investing (24:12) When to Refinance? (30:38) How to Fund a BIG Renovation Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-989 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

Heather Blankenship has made $10,000,000 alone from just one RV park investment. She got into it with no money and zero experience. While pregnant with her first child, Heather answered the phones, paid the bills, laid mulch, and slept on the office floor, working long days and longer nights to do anything she could to keep the campground running. Over a decade later, she has a $30,000,000 portfolio, with her first campground worth almost half that amount. How did she do it, and can you repeat her same investing strategy? In her new book, Real Estate Campgrounds, Heather dives into the almost unbelievable streams of income you can create from just one campground or RV park investment. In today’s show, she shares the different ways you can make money (and cash flow!) from your first campground investment, what to know before you buy, and how rental property owners can transition from single-family or multifamily rentals to campground investments. We also bust some myths that have probably stopped you from investing in this lucrative asset class before. Do you need a ton of money? Nope. Do you need a HUGE campground? Not really. Should you have hospitality experience? Maybe. Heather started with ZERO real estate investing experience and now is a campground multimillionaire! Want to follow in her footsteps? Don’t miss this episode! In This Episode We Cover How Heather’s campgrounds create over ten income streams (BIG cash flow!) Making millions by buying overlooked RV parks and campgrounds The biggest expense of running campgrounds and why you CAN’T get this wrong What you should know BEFORE you buy a campground to ensure you make money Transitioning from rental properties to campgrounds and why it may be easier than you think The common campground investing myths that stop most investors from creating massive wealth with this asset class And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave and Henry at BPCON2024 in Cancun! Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About w/Heather Blankenship Pre-Order Heather’s New Book, “Real Estate Campgrounds” (00:00) Intro (02:17) Campground Investing 101 (07:36) 10 Streams of Income! (09:37) Making $10M on ONE Park? (13:21) Know BEFORE You Buy (19:00) From Rentals to Campgrounds (23:17) Campground Investing Myths (33:51) Regulations and Local Laws (35:38) Common Campground Pitfalls (39:42) Grab Heather’s New Book! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-988 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

Will the new jobs report finally prompt the Fed to cut rates, leading to you scoring a lower mortgage rate? With multifamily rents still falling, should we fear a nosediving rent trend in the near future? And why are all these traditionally overlooked investing markets becoming the new rental property hot spots? You asked, and on this episode of BiggerNews, we’re answering. We’ve taken top questions from the BiggerPockets forums and are answering them on today’s show! It wouldn’t be a BiggerNews episode without talking about the Federal Reserve. With the latest job numbers pointing in the right direction, is this the final signal the Fed needs before they start cutting rates? Or is there a specific unemployment rate we must hit for the Fed to give us some interest rate relief? Next, we’re talking about the continuously “softening” rents around the country. One sector is actually seeing rents grow, but if you’re not seeing that with your rentals, how do you ensure your tenants stay put and keep paying you rent? We’re giving our expert tips on mitigating falling (or stagnating) rents. Next, we’re highlighting the “affordable” investing hotspots popping up throughout the country as the cost of living increases. Are these markets actually worth investing in, or are the big cities going to have better returns once they bounce back? Finally, should you wait to save up emergency reserves and risk home prices rising OR buy your first property now? We share exactly what we did in the same position when we first started investing. In This Episode We Cover Fed rate cut updates and how close we could be to mortgage rates finally falling The “softening” rent trend and what you can do NOW to ensure your rent prices stay put Why the oversupply of multifamily rentals could actually reverse soon The new “affordable” investing areas that are emerging across the US (and whether we’d buy there) Emergency reserves 101 and whether you should buy now or keep saving And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave & Kathy at BPCON2024 in Cancun! Ask Your Question in the BiggerPockets Forums Ready to Invest? Grab Dave’s Newest Book, “Start with Strategy” The Fed Stalls as High Rates Cause More Pain—What Is Powell Doing? (00:00) Intro (01:54) Rate Cuts Coming? (11:24) Rents Are “Softening” (19:09) How to Mitigate Falling Rents (21:36) New Affordable Markets Emerge (28:20) Emergency Reserves 101 (33:05) Ask Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-987 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

Are tiny homes a good investment? For just $50,000, you can get a brand new tiny home investment—not even fifteen percent of the average single-family home price in the United States. Even better? These tiny investment properties can bring in over $15,000 per year in rent, making your payoff period minuscule compared to a standard real estate investment. To learn more, we brought Steven Harrell, tiny home builder and investor, on the show to walk through all the numbers and how investors can cash in big on these tiny homes. Steven has seen the tiny home industry shift from off-the-grid, fringe mini homes in the woods to now a mainstream necessity as more Americans struggle to pay the sky-high cost of rent or a mortgage on standard homes. With affordability at a forty-year low, Americans need cheaper housing options, and tiny homes might be the perfect answer. We discuss the costs of tiny homes, how much they rent for, finding and buying land to put them on, insurance, financing, and how beginners can get started on this investment at a very attractive price point. Want tiny houses with big profits? This episode is for you! In This Episode We Cover How much does a tiny home actually cost to build, and how much it’ll rent for Tiny home appreciation and whether these small investments are for cash flow only How to find and buy the land for your next tiny home, plus what you MUST look for The average insurance cost for a tiny home (it’ll surprise you) Why the average tiny home tenant might not be who you think it is Exactly what Steven would do now to get started investing in tiny homes And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Yes, Tiny Homes Could Be the Most Cost-Effective Way to Cash Flow Right Now—Here’s Why: Grab Henry’s Newest Book, “Real Estate Deal Maker” (00:00) Intro (01:27) Foreclosed On & Finding “Tiny Homes” (05:39) Average Cost and Size (08:12) Do They Appreciate? (10:02) How to Invest in Tiny Homes (15:35) It’s THAT Cheap!? (18:17) Insurance for Tiny Homes (20:18) Tiny Home Tenants (22:22) How to Get Started (26:28) Would We Buy Tiny Homes? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-986 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

Should you use a HELOC to buy investment property? Would we use home equity to retire? When is it time to sell a performing property and exchange it for a more expensive one? If you’ve got home equity, this episode could help you reach financial freedom faster as we answer real listener questions, many about home equity, on today’s Seeing Greene! If you’ve been investing for a while, you may have some paid-off properties. Should you get a cash-out refinance and live off the loans? That’s what one of today’s investors is asking, but Rob and David have different views on whether this is a good retirement plan. Did your property almost get destroyed by the city this week? Rob’s did! We’ll share the full story at the start of the show. Next, an investor debates selling her performing rentals to scale into a bigger property. We also answer how to use a HELOC (home equity line of credit) to quickly grow your real estate portfolio. Why are contractors so hard to find? A veteran investor/contractor shares the reason why most contractors suddenly disappear. Finally, a listener has inherited multiple lots of land but wonders if he should build multifamily rentals on them. Can he use the lots as collateral to get the funds to start his investing journey? All that in this Seeing Greene! In This Episode We Cover How to retire using home equity and cash-out refinances (and whether you should!) Why Rob was close to having his newly-renovated home destroyed by the city When to sell a performing rental property and trade up into a better area Using a HELOC (home equity line of credit) to invest in real estate Why good contractors are so hard to find and often vanish from investors’ lives How to leverage land to fund build-to-rent investment properties And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Property Manager Finder Ask David Your Real Estate Investing Question See David and Rob at BPCON2024 in Cancun! Real Estate Podcast 978 – How to Build Your Real Estate Investing Team (Agents, Contractors, Lenders) Real Estate Podcast 972 – 3 Beginner Steps to Find Undervalued Real Estate in ANY Market Grab David’s Latest Book, “Pillars of Wealth” (00:00) Intro (01:06) The City is Destroying My Property! (06:12) How to Retire with Home Equity (13:00) Sell Rentals for House Hack? (18:45) How to Use a HELOC to Invest (26:04) Comment Section Callout (28:47) Contractor’s Advice for Investors (35:46) Build Multifamily on Inherited Lots? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-985 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

Should you pay off student loans or invest in real estate? This is the question Tom Keating had to ask himself back in 2018. At the time, he had no real estate investing experience and only picked up The Book on Rental Property Investing by chance. He still had student loans but decided to spend his savings (which could have made him debt-free) on the down payment for his first rental property. Now, just six years later, Tom has an entire real estate portfolio of passive and active investments and is free from his W2! If you’ve got some form of debt—student loans, credit card debt, medical debt, etc.—you might think you can’t invest in real estate, but you’d be wrong. In today’s episode, Tom breaks down the simple equation you can use to figure out whether you should pay off your debt or invest. Tom took the path less traveled, and now, he’s benefiting from it, being able to go anywhere in the world, live where he wants, and control his schedule. Tom also shares a simple yet unbelievably valuable way to find the hottest real estate markets and areas to buy rental properties. The best part? The data he uses is FREE, and you can copy his same strategy to get cash flow, appreciation, or a bit of both! In This Episode We Cover Whether to pay off student loans or invest and the simple calculation you can use to decide The super simple way to find hot real estate investing areas with appreciation potential Quitting your W2 job and becoming a full-time real estate investor, even with a small portfolio How to diversify your real estate portfolio with both passive and active investments Why Tom invests across multiple states (and strategies) instead of drilling down on one area And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Find Your Next Investing Market with BiggerPockets Market Finder Grab “The Book on Rental Property Investing” Should I Pay Off My Student Loan or Invest in Real Estate? (00:00) Intro (01:41) Serial Side Hustler (05:29) Buying His First Duplex (06:57) Invest vs. Pay Off Debt (12:42) Tom’s Portfolio (14:40) Investing in Multiple Markets (20:01) Finding Hot Investing Areas (26:08) Working Less, Making More Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-984 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

Zillow’s latest housing market forecast shows a decline in home prices over the next year after a very slow spring homebuying season. While spring is traditionally the hottest time of the housing market, with more sellers and buyers hitting the market at once, this year was stunted significantly. Will this trend continue as housing inventory remains at rock-bottom levels, or are things gradually improving, with a return to normalcy in sight? We’ve got Dr. Skylar Olsen, Chief Economist at Zillow, on to share the latest forecast and which markets could be in trouble. With mortgage rates still hovering around seven percent, homebuyers and sellers are stuck. Sellers don’t want to trade into a more expensive mortgage payment, and buyers can’t afford today’s median home price. As a result, some under-the-radar, affordable real estate markets are seeing home and rent prices increase, while some traditionally hot markets are already seeing price corrections. Where will the next correction hit, and which markets will have the most opportunity for real estate investors? Skylar explains it all, plus why Zillow updated their recent home price forecast to show a DROP in home values over the next year. In This Episode We Cover Zillow’s updated housing market forecast and why they’re predicting prices to drop The spring homebuying season’s “extra slowdown” and why buying/selling is so stunted Skylar’s 2025 housing market and mortgage rate predictions What happens when mortgage rates get cut, and whether this could fire up the housing market again The real estate markets seeing the most price corrections, plus hot markets Zillow is keeping an eye on Markets with the strongest rent growth (for single-family AND multifamily investors) And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Access Zillow’s Free Housing Data BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising (00:00) Intro (01:36) Homebuying Sees “Extra Slowdown” (06:51) Homes Sitting Longer (08:34) More Inventory On the Way? (13:19) Zillow Updates Forecast (17:54) Markets Seeing Price Corrections (20:58) Hot Markets (22:22) Where Rents Are Growing (26:33) Investors, Watch THIS (29:16) 2025 Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-983 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

Military real estate investing is perhaps the easiest way for veterans to reach financial freedom. Today’s guest is a prime example, going from broke recruiter to “military millionaire” in just FIVE years. And get this—military real estate isn’t just for service members. Everyday investors can take advantage of certain perks, too! During his first seven years in the U.S. Marine Corps, David Pere was a serial spender, blowing each paycheck and saving very little money. But when a friend recommended the personal finance classic, Rich Dad Poor Dad, things finally clicked, and David realized the unique investing opportunities the military provided. Within four months, he had taken advantage of the favorable VA loan and bought his first house hack! In today’s episode, you’ll learn how the military puts you in a great position to take financial risks early in your career. David takes a deep dive into VA loans, their benefits, their requirements, and what buyers and sellers should know. He even shares the best-kept secret in military investing—the Interest Rate Reduction Refinance Loan (IRRRL) program—which makes it EASY for investors to score a better interest rate! In This Episode We Cover How veterans can build wealth through military real estate investing Why the VA loan is the “best primary residence mortgage in the world” What YOU should know about VA loans (even if you’re not a service member!) What sellers and buyers need to know about assuming VA loans How to find a lender that specializes in military loan products Refinancing with the Interest Rate Reduction Refinance Loan (IRRRL) program And So Much More! Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! BiggerPockets Real Estate – Episode 734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/ David Pere (00:00) Intro (01:14) Buying His First House Hack (05:57) Military Real Estate Investing 101 (09:11) VA Loan Benefits & Requirements (14:57) Reusing VA Loans & Finding Lenders (18:24) Assuming VA Loans & the “IRRRL” (23:14) HUGE Military Investing Advantages (26:21) Connect with David! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-982 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

High interest rates are stopping you from investing, so what do you do? Wondering how to prepare for a recession if one hits soon? Should you sell your rentals and pocket some cash, or will you regret dumping your performing properties to secure some short-term safety? These tough questions can’t be answered by just anyone, so we have our expert investors David Greene and Rob Abasolo on to help you navigate through the most financially puzzling parts of real estate investing. In this Seeing Greene, we’re tackling topics like how to prepare for a recession as a landlord, what to do when high interest rates kill your deals, and whether you should build an ADU (accessory dwelling unit) or simply park an RV on your land and rent it out instead. But that’s not all; a contractor wants to know how to work with investors while making even more money. Is he barking up the wrong tree, or is going the investor instead of the residential route a better choice for those trying to grow their contracting business? Plus, how long a tenant turnover should take and whether your property manager is moving too slowly. All that, and much more, is coming up in this Seeing Greene show! In This Episode We Cover How to invest in real estate during a high interest rate environment (and find lenders!) Whether or not to sell your rentals if a recession hits in the near future Renting out an ADU vs. an RV and which will make you more money and come with a lower cost The power of compound interest and David’s genius method to pay off properties fast Tenant turnover times and how long it should take for your property manager to find new renters How contractors can get consistent work from investors by doing this And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Grab David’s BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat” Property Manager Finder Real Estate Podcast 900 – The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) w/Brian Burke, J Scott, and Scott Trench Ask David Your Real Estate Investing Question See David and Rob at BPCON2024 in Cancun! (00:00) Intro (01:37) How to Invest with High Rates (07:24) Renting Out an RV? (14:00) Questions from the Comment Section (15:41) Sell Rentals to Recession Prep? (23:56) What Contractors Must Know (33:58) Subscribe for More Seeing Greene! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-981 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

Today’s guest makes up to $100,000 per year, PER investment, by buying businesses. Yep, you heard that right. We’re not talking about a few hundred bucks a month in cash flow like most rental properties get you. Instead, you can make a living by buying a business “no one wants,” which is exactly what Matt DeBoth is doing. Matt saw the writing on the wall after building up a sizable real estate portfolio. Low interest rates flooded buyers into the housing market, putting those with properties to sell in a great position. So, Matt sold many of his rental properties and wondered where he should put the money into. Over the next year, he spent his days researching businesses to buy, talking to business brokers, and eventually landed on a local pizza franchise. Matt was able to turn it around, and after months of hard work, he’s collecting serious cash flow from a business that only takes a few hours a week to manage! If you want to buy yourself a six-figure income stream and feel like now is the perfect time to take a pause from real estate investing, Matt’s story may be just what you need to get started. He shares how much it costs to buy a small business, how to manage it, what to look for in business investment opportunities, and what you can do TODAY to get started! In This Episode We Cover How to create a six-figure income stream by buying small business franchises Buying the businesses “no one wants” and how to easily spot an investing opportunity Why a poorly run business can mean tremendous potential for you to make more money The low-money-down small business loans that Matt is using to buy businesses How to manage your business the right way so you only need to work a few hours a week Who should (and shouldn’t) buy businesses, and how to pick one And So Much More! (00:00) Intro (01:34) Buying When No One Else Would (04:02) House Hacking an Apartment? (06:09) Selling Off His Rentals?! (13:06) Ditching Rentals to Buy Businesses (15:32) Buying His First Business (17:45) Finding Investment Opportunities (21:07) $100K/Year Income Streams? (24:55) Managing the Businesses (28:28) Who Should Buy Businesses? (30:58) How to Get Started Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-980 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

Mortgage rates were supposed to be going down by now, but what happened? Even in late 2023, many housing market experts predicted that we’d be seeing high to mid six percent mortgage rates at this point and hovering around the high five percent rate mark by the end of the year, but the Fed isn’t showing any sign of lowering rates soon. Some experts even believe rates could go UP again this year as the job market stays hot and the economy sees unprecedented strength. This begs the question: What IF mortgage rates remain high? It’s a reality many of us don’t want to see, but 2024 could end with minor, if any, rate cuts, keeping monthly mortgage payments high and affordability low. So, what should an investor do in this situation? Sit on the sidelines? Invest in a different asset class? Pray to Jerome Powell? While that last option may be worthwhile, top real estate investors are saying that NOW is the time to buy BEFORE rates fall. What do we mean? We’ve got the entire expert investor panel from On the Market here to give their take on what investors should do IF rates don’t fall. From house flipping to long-term buy and hold rentals, our nationwide panel of investors shares exactly what they’re doing to make money even with high interest rates. Plus, we’ll give our predictions on when rates could fall, what will happen to housing inventory, what young people should do NOW to get their first house, and why investors need to “reset” if they want to thrive in this high rate housing market. Support today’s show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Mortgage rate predictions and when interest rates could finally start falling What should investors do IF mortgage rates stay high throughout 2024 The “lock-in effect” and whether or not high rates are leading to lower inventory The homes that are flying off the market in many areas (and the ones that are sitting) How young people can creatively get into their first home or investment property Why investors MUST “reset” their expectations if they’re to build wealth in this housing market And So Much More! (00:00) Intro (04:45) When Could Mortgage Rates Fall? (13:48) Inventory is Getting Gobbled Up (19:56) Can Young People Make It? (24:19) Investors Must "Reset" Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-979 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“The stack” method is how to buy rental property faster than you thought possible. With so many real estate investing beginners wondering how to build a real estate portfolio, especially in today’s market, Dave Meyer, VP of Market Intelligence at BiggerPockets, decided to reintroduce “the stack” on today’s podcast. In it, he’ll show you exactly how someone with zero real estate investing experience can go from one to two to three rentals and beyond by following this simple framework. If you’ve struggled to buy your first rental property or never made it past the first deal, this is the episode to watch. Dave walks through how you can use “the stack” method to explode your real estate portfolio, the three simple steps to start buying rental properties today, and the one tool top real estate investors use to buy more real estate and find financial freedom faster. Beginner or investing veteran, if you’re feeling stuck but want to reach your financial goals, this might be just what you need. Sign up for BiggerPockets Pro to get unlimited access to the rental property calculator and all the tools from today’s video. Use code “FIRSTPOD24” to receive 20% off! In This Episode We Cover How to buy your first, second, or third rental property using “the stack” method The easiest way to find real estate deals in today’s market, even if you have no experience How to analyze a rental property in just minutes with the BiggerPockets Rental Property Calculator Financing and funding your first/next deal and why it’s not as hard as you think The best real estate investing tool for those who want to explode their portfolios Why real estate is the perfect investment for financial freedom And So Much More! (00:00) Intro (00:35) How to Buy Your First Rental Property (02:53) Achieving Financial Freedom (05:03) Scared to Invest? (09:44) "The Stack" Method (12:11) 1. Finding Deals (14:20) How to Analyze a Rental Property (25:36) 2. Finding Financing/Funding (28:34) 3. Finding Direction (31:14) 3-Step Recap (32:40) What Pro Investors Do Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-2 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

If you want to grow your real estate portfolio faster, make more money with less headache, and achieve whatever financial dreams you desire, you need one thing—a real estate team. Most people don’t realize that the top real estate investors rarely do everything themselves. Instead, they’ve hand-picked real estate investing rockstars to grow their businesses FOR them. We’re talking investor-friendly agents, lenders, contractors, property managers, and more. If you can find the right people to fill those roles, you’ll be able to grow your passive income faster than you thought possible. So, where do you find them? Dave Meyer and Henry Washington are back to give a masterclass on building your real estate team. They’ll walk you through each role—real estate agents, lenders and brokers, insurance agents, property managers, and contractors—describing what to look for, red flags to run from, and exactly where you can find the best of the best in your market. Get this right, and you’re on a fast track to real estate riches, but get it wrong, and you could delay your financial freedom! Ready to build your investor-friendly real estate team? Check out BiggerPockets’ free team-builder to find agents, lenders, and more in your area! In This Episode We Cover How to build an investor-friendly real estate team from scratch The sign of a great investor-friendly agent and clear red flags experienced investors notice Why some lenders will lend to you much more easily than others Why Henry ALWAYS uses an insurance broker (NOT an agent) to find policies How to incentivize your property manager to make you more money (NOT just collect fees!) A unique way to find quality contractors in your area and how to inspect their work BEFORE you hire them And So Much More! (00:00) Intro (02:24) Real Estate Agents (12:15) Lenders and Brokers (22:08) Insurance (25:27) Property Managers (34:26) Contractors (44:07) Where to Find Your Team Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-978 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