BiggerPockets Real Estate Podcast

Is it a good time to invest in real estate? Yes, and we have proof that real estate may be underpriced, even as we hover around the most expensive average home prices in history. How can real estate be undervalued when prices are at historic highs? Dave is sitting down with Scott Trench, CEO of BiggerPockets, who has condensed ten hours' worth of research into one episode to prove to you that, without a doubt, real estate will be winning over the next few years. Plus, he’s about to make a BIG financial bet on it. We’ve been talking a lot about entering the “upside” era recently—the new cycle of real estate investing—and wanted Scott’s take on it, too. He has invested in real estate for over a decade, reached financial independence through rental properties, and has been openly critical about multiple sectors of the real estate industry over the past few years. Today, Scott makes a compelling case for real estate as a better investment than stocks, crypto, or gold. Some specific real estate niches could see prices drop even more, making 2025 (and 2026) phenomenal opportunities to buy. Make your choice: tune into this episode and build wealth while others sit on the sidelines or wish you had done so in a few years. In This Episode We Cover: Why residential real estate may actually be undervalued in 2025 One sector of real estate with enormous buying opportunities nobody is noticing Scott’s MASSIVE real estate bet and why he’s selling much of his stock portfolio Where interest rates will be in 2025 and whether they could rise even more Rental housing demand and the almost irrefutable case that rent prices will rise Why Scott believes Bitcoin will be going to $0 in the long term And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube BiggerPockets Money Podcast Rent Growth Treasury Yields Real Median Household Income Median Sales Price of Houses S&P 500 Ten-Year Returns vs. S&P 500 P/E Join the Future of Real Estate Investing with Fundrise Grab Scott’s Book, “Set for Life” Find an Investor-Friendly Agent in Your Area The Rational Investor’s Case Against Bitcoin Connect with Scott Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1071 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

Can’t figure out how to buy multiple rental properties a year with your current income? Wondering whether you should get rid of your student loans before buying your next property? Maybe your market is too expensive, so is it time to go out of state instead? These are some of the most common questions we see on the BiggerPockets Forums, and today, we’re answering them so you can get to your next rental(s) faster, even if you’ve got debt and even if your home market is too expensive. First, we’re explaining when and why we buy properties without ever seeing them in real life. Isn’t that a huge risk? Yes—if you do it the wrong way. Next, should you invest out-of-state if your home market is too expensive, and if you decide to do so, what should you know BEFORE buying a property well outside driving distance? Want to scale faster? We’re discussing purchasing multiple rental properties a year and when it’s time to grow your real estate portfolio. Got student debt? You’re not alone! Henry had his student loans until recently and still heavily invested in real estate. But, if your interest rate crosses a certain threshold, we’d definitely recommend reconsidering real estate investing. Stay tuned; we’ll share when your debt is too much to invest. Join BiggerPockets Momentum 2025 to supercharge your investing this year! In This Episode We Cover: How to buy multiple rental properties a year and when it’s time to scale Paying off debt vs. investing and whether six-figure student loans are stopping you Buying rentals sight unseen, the risks, and why we do it under certain circumstances Out-of-state investing 101 and signs it’s time to leave your home market to invest elsewhere Keeping vs. selling a negative cash-flowing rental property (and when to hold for equity) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Grab Dave’s New Book, “Start with Strategy” Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIG Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year Property Manager Finder Ask Your Question on the BiggerPockets Forums Connect with Henry Connect with Dave (00:46) Buy Rentals Sight Unseen? (06:03) Out-of-State Investing 101 (10:59) Ask Us Questions LIVE! (12:37) Buy 2 Rentals in 1 Year? (16:12) Invest While in Debt? (21:46) Keep Negative Cash Flow Property? (27:03) Post Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1070 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

Can you still achieve financial freedom with real estate investing? Around a decade ago, it was common knowledge that with a few rental properties, you could easily replace your income, retire early, and be fast-tracked to financial independence within just three to five years of investing. Is that possible anymore? How long will financial independence actually take if you start investing in real estate in 2025? And if you feel like you’re almost there, should you quit your job and dive head first into real estate? We’ve got two financially free investors on the show, each taking different paths to get there. Dave kept his full-time W2 to pay for his more passive real estate investments, while Henry quit his job to buy rentals and flip houses full-time. Would they both be okay if they lost their “active” income today? Yes! But they STILL choose to work to build the dream life that goes far beyond basic financial freedom. Today, they’re sharing how the financial freedom formula has changed, what you need to do to get on the path to financial independence/early retirement in 2025, and whether you should stay at your W2 while you build your rental portfolio or quit your job to pursue real estate full-time. The good news: financial freedom through real estate is still a significantly quicker route to retirement, but which path will you choose to get there? In This Episode We Cover: What “financial independence” really means and how long it will take for you to get there The cash flow myth that most new real estate investors believe (this could hurt you later!) Full-time real estate investing vs. keeping a nine-to-five and why you NEED “active” income to scale fast What to know about full-time real estate investing BEFORE you quit your job And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Grab Dave’s New Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson Connect with Henry Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1069 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 mortgage rates remain above seven percent in 2025? Are we closer to a recession than most Americans realize? Why does it feel like this economic cycle of high rates and a struggling middle class will never end? The biggest question is: What do all these factors mean for real estate, and should you still be investing? We brought on the man who literally wrote the book on Recession-Proof Real Estate Investing to give his 2025 outlook. J Scott has flipped over 500 homes, manages and owns thousands of rental units, and has been involved in tens of millions of dollars in real estate transactions. He started investing in 2008; he’s seen the worst of recessions and the highest of pricing peaks. We brought him back on the show as our industry expert to provide his time-tested take on what could happen in 2025 and share his economic framework for forecasting what’s coming next. J says we’re long overdue for a recession—and the red flags are popping up more frequently. While signs of a global recession loom, J explains what this means for mortgage rates and home prices and why now might still be the time to invest. In This Episode We Cover: Why J believes we’re closer to a global recession than most people think New Trump presidential policies that could have huge impacts on inflation (and mortgage rates) Whether mortgage rates will stay in the seven percent range EVEN as the Fed lowers rates The broken economic “cycle” we find ourselves in and the only way to fix it Could home prices correct/crash if mortgage rates finally do fall? And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube J's Newsletter Principles: Life and Work by Ray Dalio Join the Future of Real Estate Investing with Fundrise Grab J’s Top Real Estate Investing Books Find Investor-Friendly Lenders Read the Latest Blog Posts from J Connect with J Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1068 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

There is an easier way to invest in real estate in 2025. It doesn’t require a ton of money or experience; anyone can do it (even a complete beginner), and it’ll lead to you having more money, more passive income, and a bigger bank account. Successful real estate investors agree: this is a “cheat code” to start investing in real estate in 2025. What are we talking about? It’s not short-term rentals or buying apartment complexes; it’s actually extremely simple—house hacking. Both Dave and Henry used this low-money down, high-impact real estate investing strategy to grow their portfolios to be worth multiple million dollars. It’s the BEST way for a beginner to get into the real estate investing game and allows you to buy properties with just a fraction of a regular down payment. We’re so convinced that it’s the best bet for beginners that we’re bringing on the BiggerPockets Real Estate Podcast producer Ian Kay, a complete real estate beginner, to walk him through how to use this exact strategy to start his real estate portfolio. We’ll break down the numbers to show how one smart investment can fund your dream home and leave you tens of thousands richer. Ready to invest in 2025? Then don’t sleep on house hacking! In This Episode We Cover: The easiest, most beginner-friendly way to start investing in real estate in 2025 One simple investing mistake that could cost you $60K+ (and how to avoid it) The steps you should start taking NOW to get your first investment property in 2025 How to analyze a house hack and crucial metrics to check BEFORE you buy In analysis paralysis? This is what to do NOW to get out of it and get closer to your goals And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube BiggerPockets Deal Finder Let Us Know What You Thought of the Show! Grab the Book on House Hacking, “The House Hacking Strategy” Find an Investor-Friendly Agent in Your Area House Hacking 101: What It Is and How to Get Started Connect with Ian Connect with Henry Connect with Dave (00:00) Intro (02:20) Want to Start Investing? (04:54) What Do YOU Want to Achieve? (08:23) House Hacking (Easiest First Investment) (18:42) Analyzing a House Hack (23:40) What to Do RIGHT NOW (32:59) Stuck in Analysis Paralysis? (34:13) Next Steps Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1067 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 opportunity coming for real estate investing in 2025 is almost unimaginable. A decade from now, if you buy right, you’ll be looking back thanking yourself for planting the seed of financial freedom, generational wealth, and an early retirement. This isn’t just hype or hope because we’re real estate investors—all the data points to one thing: real estate is the best investment of 2025 and will continue to be so throughout the next decade. This show is a bit different. Dave has done months of research to give you the single strongest case for real estate investing in 2025 and beyond. Don’t believe real estate is the best place to park your money? Listen to this episode and see whether Dave gives the most convincing argument you’ve ever heard for buying investment property. This new era is brimming with “upside,” so much so that we’re calling this the “Upside Era,” a new dawn for real estate investing that will lead you to financial freedom in fifteen years (or less), get you to your financial goals, and leave you better off than any of the other investments around, whether that’s stocks, bonds, or crypto. Don’t delay. The “Upside Era” starts now. The only question is, will you be part of it? In This Episode We Cover: Why real estate is still the single greatest asset for achieving financial freedom The reason why 2025 is a prime time for investing in real estate Whether the high cash flow and easy deals of the 2010s will ever return Data pointing to home prices and rent prices rising well into the future Dave’s ten core principles to follow that will lead you to wealth in the “Upside Era” The best resource on the planet to get free information on real estate investing And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Grab Dave’s Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area Real Estate Investing For Beginners: How To Get Started Connect with Dave (00:00) Intro (02:23) The Case for Real Estate (03:11) 1. Financial Independence (06:37) 2. Huge Demand for Housing (08:31) 3. Market Stability (09:24) 4. Income Replacement (10:13) 5. Diverse Returns (10:49) 6. Stock Market Hedge (11:43) 7. Inflation Hedge (12:25) 8. Tax Advantages (12:55) 9. Valuable Service Provider (13:46) “It’s Not as Good as Before!” (17:19) The "Upside" Era Begins (20:48) What to Know for 2025 (27:02) Thrive in the "Upside" Era Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1066 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, we’re releasing our 2025 housing market predictions, and let’s just say we’re feeling optimistic about the future. Many of you may have been waiting for a housing crash or correction. But where is it? In short, it never happened. Home prices kept climbing, rent prices finally stabilized, and mortgage rates stayed at eye-watering highs. What’s coming next for the 2025 housing market? Are things about to get better (or worse) for homebuyers and real estate investors? This is when Dave takes out his crystal ball (federal housing data and spreadsheets) to predict what’s to come in the new year. He’s giving his full forecast on three crucial topics, home prices, mortgage rates, and rent growth, and explaining his predictions and reasoning behind them. If Dave is correct, it may be a good year for real estate investing. Don’t believe us? Stick around! Coming up after this episode, Dave is piggybacking off of these predictions to show you why real estate could be the single greatest investment in the coming years. If you’re on the fence about buying a home or investing for the first time, this data-driven episode could get you out of analysis paralysis! In This Episode We Cover: Why 2025 is already shaping up to be an excellent year for real estate investors and homeowners Dave’s 2025 mortgage rate range and whether we’ll see some interest rate relief The reason why home prices could still grow even with so many potential homebuyers sitting on the sidelines Are foreclosures and mortgage delinquencies a threat to the housing market? Why 2026 could be the year everything changes for rent prices (and what to expect in 2025) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Get Ready to Invest with Dave’s Book “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Invest in Real Estate in 2025 (with NO Experience) Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1065 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

Welcome to the 2025 housing market! It’s a new year, and if you’re ready to invest more, get closer to financial independence, or finally find and buy your first home, we’re here to help. We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why! We’re recapping our 2024 progress and giving you tips on what to buy based on your goals. Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game. If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time. Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! In This Episode We Cover The easiest way for beginners to start investing in real estate in 2025 Key economic indicators we’re watching during the 2025 housing market What strategies we’re switching up in 2025—and what won’t work this year How to invest based on your goals and whether you should prioritize active vs. passive income Our 2025 goals: how many properties we’ll buy, flip, or test with new strategies And So Much More! Links The House Flipping Framework Scaling Smart Start with Strategy Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1064 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

Got a late start on your retirement planning? Do you feel like you missed the boat and won’t be able to retire on your timeline? We’ve got good news for you in today’s episode—it’s never too late for retirement (and even EARLY retirement!). No matter what age you’re at, how much you have in the bank, and how much you make, you CAN retire on your terms, and our guests will prove it. The question is, will you follow through on their time-tested system for reaching retirement? Bill Yount and Jackie Cummings Koski from the Catching Up to FI podcast are here to show you that whatever your situation is, you can get on track for retirement. Bill and Jackie both were late starters, only taking retirement seriously decades after starting their working careers. Even with their “late start,” Bill and Jackie were able to massively multiply their net worths and retirement savings, allowing them to reach financial freedom on their terms. In today’s show, Bill and Jackie walk through the four steps that anyone can take to begin saving for retirement. You don’t need ANY money to take these initial steps, but doing so will change your entire financial future. Stick around for our next show as we get into the nitty gritty of retirement planning and put you directly on the path to retirement or early retirement! In This Episode We Cover: The four steps anyone can take to reach retirement Why it’s okay to be a “late starter,” especially when it comes to retirement planning How to do a “backward budget” to quickly and easily see how much you’re spending Why you MUST look back on the financial “lessons” you’ve learned to build wealth now! Getting clear on your goals and what you want to achieve so you can reach retirement The “trifecta of mistakes” Bill made and how even that didn’t stop his financial freedom journey! And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube The BiggerPockets Money Podcast BiggerPockets Money 314 - Finance Friday: How to Get to Early Retirement Even Faster BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!) w/Bill Yount and Becky Heptig BiggerPockets Money 527 - Retired at 49 on an Average Salary after Getting a “Late Start” to FIRE w/Jackie Cummings Koski Catching Up to FI Reach Financial Independence Faster with "Set for Life" Find an Investor-Friendly Agent in Your Area BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!) Connect with Scott Connect with Mindy Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1063 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

It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well! Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! In This Episode We Cover: Updated 2025 housing market predictions and where home prices and mortgage rates could go How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!) Real estate markets that have the most investment potential in 2025 Why we’re all becoming bullish on lower mortgage rates, EVEN with persistent inflation Did we ever actually make it into recession territory in 2024? And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Check Out "On the Market" Grab James’ New Book “The House Flipping Framework” Find Investor-Friendly Lenders 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Connect with Dave and Our Panel of Expert Guests: Dave Meyer Henry Washington James Dainard Kathy Fettke (00:00) Intro (04:10) Zillow's 2024 Predictions (13:05) Home Prices (16:06) Recession Risk (17:56) Mortgage Rates (18:56) Best Markets to Invest (21:36) 2025 Home Price Predictions (25:19) 2025 Mortgage Rate Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1062 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 100% passive income? As in no tenants, toilets, phone calls, or painting! You can get genuinely passive income through one type of investment—real estate syndications. Never heard of them before? You’re about to have your world flipped upside down because today, Jim Pfeifer, host of PassivePockets: The Passive Real Estate Investing Show, is on to walk you through real estate syndications, even if you’re a complete beginner! Joining Jim is a long-time syndication investor and former professional football player (seriously!) Devon Kennard. Before syndications, Devon bought single-family homes during his NFL career, but as his time got increasingly limited, he needed a passive way to invest. The obvious choice? Real estate syndications! Jim and Devon deliver a masterclass on syndication investing, showing you how much money you’ll need, how to vet a syndication deal BEFORE you invest, the profits you could make, and red flags to watch out for. If passive income is your goal, syndications are for you; here’s everything a beginner needs to know! In This Episode We Cover: Real estate syndications explained and who should (and shouldn’t) invest in them The minimum investment amount for real estate syndications (lower than you’d think!) How to vet a syndicator (general partner) BEFORE you invest in their deal Why many real estate investors ditch rentals for the passivity of syndications Preferred returns, equity payouts, and other ways a syndication will make you money What Devon and Jim look for in a syndication before they invest any money And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube PassivePockets: The Passive Real Estate Investing Show Grab Devon’s Book, “Real Estate Side Hustle” Property Manager Finder The Ultimate Guide to Real Estate Syndication Connect with Devon Connect with Jim Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1061 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to invest in real estate in 2025? Then this is the show to listen to. We’ve had some phenomenal guests on the show this past year. This time, we rounded up our favorite tips from them, ranging from starting with $50,000, which markets to buy in, and how to retire early with fewer rentals, and compiled them into one life-changing episode. These were the episodes you all loved the most, so we’re taking the golden nuggets and giving them to you today! Is it still worth it to invest in real estate when prices are so high, and affordability is so low? CEO of BiggerPockets, Scott Trench, gives his honest, raw opinion. Next, two investors who retired with small real estate portfolios share why you DON’T need dozens of rental properties to reach financial freedom. You might need just one! Plus, we’ll show YOU the best way to start investing with $50,000. Finally, we’re breaking down the real estate markets we believe are the best for beginners and the ones with the most bang for your buck. Will Trump’s housing policies change the market? What will tariffs and tax cuts do to real estate? Stick around; we also share our thoughts on Trump’s 2025 plans! In This Episode We Cover: How to retire early with fewer rental properties by building a “small and mighty” real estate portfolio Why this expert investor only has ONE rental property (and doesn’t plan to buy more) How to invest in real estate with just $50,000 (beginner-friendly tactics!) The best real estate investing markets that we’d start in if we were beginners What the Trump administration’s proposals could mean for the housing market And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube BiggerPockets Real Estate Episode 1,004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson BiggerPockets Real Estate Episode 1,007 - Where We’d Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington BiggerPockets Real Estate Episode 1,024 - A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing) w/Mike Baum BiggerPockets Real Estate Episode 1,028 - How to Invest in Real Estate with $50K in 2024 w/Ashley Kehr On the Market Episode 250 - Trump vs. Harris Economic Plans: Taxes, Affordable Housing, and Inflation w/Joel Naroff Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here’s Why. Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why. Top 10 Real Estate Markets for Cash Flow in 2024 Trump Wins Presidential Election: What It Means for the Housing Market Grab Chad’s Book, “The Small and Mighty Real Estate Investor” Find Investor-Friendly Lenders BiggerPockets Real Estate 1,000 - Real Estate Is Changing, and So Is BiggerPockets Connect with Dave (00:00) Intro (02:34) Is Real Estate STILL Worth It? (11:06) Retire Early with FEWER Rentals! (22:57) Don't FOMO Into Investing! (29:20) How to Invest $50K (42:06) Best Markets for Beginners (53:08) Trump’s Tax Cuts, Tariffs Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1060 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

Real estate investing may not see an opportunity like this for years. We’re in one of the wildest economic periods: mortgage rates are high, inflation has cooled, stock prices are hitting records, and the housing supply chain is slowing dramatically. What happens next? In short, something really, really good for real estate investors. And this isn’t hype—it’s precisely what the data points to. Ben Miller, Fundrise CEO and one of our favorite macroeconomic experts, is back to break down his four data points that directly point to a win for real estate investors in 2025 and beyond. Answer this: what happens when housing supply is low, little to no new inventory is coming online, interest rates come back down, and everyone’s competing for homes? The answer: prices go up. That reality is coming to fruition soon, and those who already own real estate are poised to reap significant profits. Those who sat on the sidelines will be forced to compete with other buyers as sky-high demand returns. But that’s not even Ben’s entire argument. He brings even MORE data to make the case for real estate in 2025—and it’s a case you shouldn’t ignore. In This Episode We Cover: An expert’s case for real estate investing in 2025 and why it isn’t too late to get in Why commercial real estate could be close to the bottom (and be rebounding soon) The stock-to-real-estate correlation that BROKE last year (and what it means) The reason Ben believes new Trump tariffs could be good for homeowners and investors Why the housing undersupply problem could get even worse in 2025, 2026 What happens when interest rates fall and demand for homes returns? And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Put Your Vacation Rental on Autopilot with Hospitable Grab Dave’s New Book, “Start with Strategy” Find Investor-Friendly Lenders Redfin’s 2025 Housing Market Predictions (Home Prices, Mortgage Rates, & More) Connect with Ben Connect with Dave (00:00) Intro (01:05) The Case for Real Estate in 2025 (02:58) 1. Real Estate is Cheap(er) Now (Timestamp) (06:15) Have We Bottomed? (Timestamp) (09:02) 2. The "Inverse Correlation" Begins (15:02) 3. Housing Supply Will Crash (19:41) Tariffs Will Help (24:06) 4. Interest Rates Will Fall Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1059 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

Dave said he’d never flip a house. He doesn’t have the handyman skills; he doesn’t like managing contractors, and he can’t design a floor plan. So why now, coming into 2025, has he decided to flip his first house? It’s simple—an opportunity was presented to him that he couldn’t pass up. Partnering with expert investor James Dainard, Dave is flipping this house with James acting as the operator and Dave as the investor. If you’ve ever wanted to get into house flipping but felt like Dave, this episode will show you how to start. If Dave isn’t managing contractors or handling permits, what role does he play? Today, Dave and James are walking through their unique house-flipping partnership, explaining why James made an offer on the property within hours of hearing about it, their rehab budget, renovation plan, potential profit, and some hiccups they could run into (asbestos!). James is even sharing his expert tips on how to know a property is worth buying for a flip and questions you must ask a flipper or lender BEFORE you start working with them. We’ll keep you updated on this flip’s progress so you can see exactly what goes right, what goes wrong, and how much money this property will make! In This Episode We Cover: How to invest in house flipping even if you have ZERO renovation/remodeling experience Finding the deal and why you need to have relationships with wholesalers How to spot a great potential house flip—and one HUGE red flag to avoid at all costs Two ways to raise money for your house flips (debt vs. equity) and the pros and cons of both Picking a real estate investing partner and questions you must ask before you work together And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Hear Dave and James on On the Market Grab James’ New Book, “The House Flipping Framework” Find Investor-Friendly Lenders Flipping Houses: How to Get Started and Everything You Should Know Connect with James Connect with Dave (00:00) Intro (02:23) Finding the Deal (03:30) Purchase Price, Rehab Costs, & Comps (08:16) Signs of a Good Flip (11:52) Permits, Plans, and...Asbestos! (13:50) How to Passively Invest in Flips (18:53) Picking a Partner (29:02) Ask THESE Questions (33:28) Follow the Flip Progress! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1058 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

When is seller financing worth it (as a buyer AND a seller)? Do you need an LLC to start investing in real estate, and will it help you buy more deals? Can you BRRRR (buy, rehab, rent, refinance, repeat) your primary residence to realize some serious home equity gains? We’re getting into these topics and more as we answer YOUR questions from the BiggerPockets Forums. First, a seller has been presented with an interesting seller finance offer. Should they take it? How do they vet the buyer before giving them the house in exchange for monthly payments? We’ll explain when seller financing makes sense for sellers and how buyers can create compelling offers. Next, do one-bed, one-bath rentals do well, or are they too small for most areas? How can you use your primary residence to build wealth without renting to tenants? We’re talking about the new BRRRR, or as Dave calls it, the LIFLOC (we’ll describe it in detail!). Do you need an LLC to invest? Most new investors get this totally wrong. Finally, why do investors and agents think so poorly of wholesalers? Do we ever use them? And how do you tell a good one from a bad one? Looking to invest? Need answers? Ask your question on the BiggerPockets Forums! In This Episode We Cover: Whether or not you should accept a seller finance offer on your house vs. a loan or cash Why we LOVE small rental properties (one bed, one bath) even though most investors avoid them Using the “BRRRR” method to turn your primary residence into a wealth-building property LLCs for real estate, when you need one, and whether they’ll help you buy more deals Working with real estate wholesalers and the legitimate reason why so many investors/agents avoid them And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Invest in High-ROI Turnkey Rentals with Rent to Retirement Grab the “BRRRR” Book Find an Investor-Friendly Agent in Your Area What Is Seller Financing in Real Estate? Connect with Henry Connect with Dave (00:00) Intro (00:54) Should I Seller Finance? (07:38) Buy 1 Bed/1 Bath Rentals? (12:51) Best Home Investment Ever? (18:21) Do I Need an LLC? (22:51) Working with Wholesalers Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1057 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

Redfin just released their highly-anticipated 2025 housing market forecast, and today, we’re reacting to each of their ten crucial housing market predictions. We’re touching on the exact numbers you want to hear about—home prices, mortgage rates, home sales, rent prices, and housing supply. Knowing what’s coming could give you an edge as an investor, agent, or first-time homebuyer. First, we’re reviewing Redfin’s home price predictions for 2025. Will things get any more affordable, or will high home prices persist into 2025? Will mortgage rates finally reach the low sixes, maybe even into the high fives? Dave disagrees with Redfin’s take on interest rates, so where does he think they’ll be headed? If you’re a real estate agent, broker, loan officer, or in the industry, listen up! Redfin has some good news you want to hear about home sales! Renters and landlords, take note—Redfin’s predictions suggest rents could become more affordable for everyday Americans. But that’s not all; we’ll also review their housing inventory, agent commission, and migration predictions for 2025! In This Episode We Cover: Redfin’s notable 2025 mortgage rate prediction that most homebuyers DON’T want to hear 2025 home price forecast and whether or not we’ll continue to see prices climb The “step in the right direction” for home sales coming in 2025 Why homebuilders are getting bullish thanks to the 2024 Republican sweep Why Gen Z may be the first generation to give up on homebuying And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Redfin’s 2025 Predictions Invest in High-ROI Turnkey Rentals with Rent to Retirement Grab Dave’s New Book, “Start with Strategy” Find Investor-Friendly Lenders 2025 Housing Market Predictions (+ How’d We Do Last Time?) Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1055 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 keep, refinance, or sell your rental property? If you’re sitting on a low mortgage rate and plenty of equity, you’ve probably asked yourself this once or twice within the past year. Most people who bought a rental property before 2020 have seen unprecedented appreciation and rock-bottom interest rates and are likely sitting on a war chest-sized home equity position. But that equity could be better spent investing in new properties than keeping your old ones. This is Dave’s exact predicament. He’s got a property he bought back in 2016 that has over $300,000 in home equity. It’s cash flowing a solid $500 per month with a mortgage rate of just under four percent, but only producing a measly two percent cash-on-cash return. He’s getting four times the return on his recent investment property purchases, so should he sell? Not so fast; we’re doing the math to figure out whether he should keep, refinance, sell, or change strategies on this property. Got the same good problem? Stick around as we even drop a fifth option most investors overlook entirely, which gives you the best of both worlds. In This Episode We Cover: Whether to keep, refinance, or sell a low-performing rental property The obvious problem with cash-out refinancing in 2024/2025 Why we DON’T love doing 1031 exchanges (and a tax-advantaged way around them) Converting your long-term rental into a medium or short-term rental (MORE cash flow!) How to access home equity WITHOUT refinancing your property or getting a new loan And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums Grab Dave’s Latest Book, “Start with Strategy” Get a Quote on Your Next Short-Term Rental Loan with Host Financial Find Investor-Friendly Lenders Keep or Sell? What to Do When Your Rental Doesn’t Cash Flow Connect with Henry Connect with Dave (00:00) Intro (01:20) Property Details (04:51) 1. Keep the Property (07:12) 2. Refinance the Property (10:29) 3. Sell the Property (17:12) 4. Convert Into a Mid-Term Rental? (21:10) The Best Option? (22:24) 5. Use Home Equity Instead Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1055 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

Why does this veteran real estate investor say that early retirement and financial freedom are a bad idea? Why does he think renting, NOT buying a house, makes more sense for most Americans in 2025? And what’s the one mistake that lost him hundreds of thousands of dollars even after being an experienced investor for decades? Jonathan Greene, one of our favorite repeat guests, is back on the show to share. Jonathan’s father, a serial real estate investor, taught him everything about rental properties early on. Together, they walked potential properties, snuck into foreclosed homes, reviewed the profits and figures line by line, and even dealt with evictions together. This equipped Jonathan with the skills to not only build generational wealth for his family but also financial freedom for himself. However, once he achieved it, Jonathan realized that early financial freedom wasn’t worth it. But why? This episode looks into the mind of one of the most experienced investors in the entire industry. Jonathan shares why he still decided to work even after building a real estate portfolio, the investment he made that cost him severely, why he’s moving his money into a more “passive” investment, the reason renting makes MORE sense than buying in 2025, and what a beginner should do RIGHT NOW to start investing in real estate. In This Episode We Cover: The reason Jonathan says early retirement/financial freedom is a mistake One thing every beginner to real estate investing should be doing right now Jonathan’s huge loss and the lessons he learned about pricing yourself too high Renting vs. buying and the obvious choice for most Americans in 2025 What to teach your kids about real estate investing and generational wealth And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums Buy, Rehab, Rent, Refinance, Repeat The House Hacking Strategy The Passive Real Estate Investing Show Listen to Jonathan’s Podcast, Zen and the Art of Real Estate Investing Invest in Turnkey Properties with REI Nation Grab the Syndication Investing Book, “The Hands-Off Investor” Find an Investor-Friendly Agent in Your Area Renting a Home Is Financially Better Than Buying—Wait, What?! Connect with Jonathan Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1054 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 2024 housing market was nothing short of "wild," to put it lightly. We came from years of unprecedented growth, rock-bottom mortgage rates, and fiery homebuyer demand. While some predicted a housing market crash, we were quite sure that real estate prices would stay stable—and that’s precisely what happened! So, before we enter the 2025 housing market, we’re recapping 2024 with all its trends and surprises so you don’t get caught off guard next year! We’re touching on the big topics: prices, inventory, affordability, best and worst markets, and the commercial real estate crash. Why did prices RISE even when buyer demand fell significantly? Why did the existing housing inventory stay so low? And is now the best time to buy multifamily after its massive value drop in 2024? Get prepared to make 2025 your best year yet, but don’t make the same mistakes of the past. Stick around; we’re giving you your 2024 housing market in review! In This Episode We Cover: The biggest trends (and surprises) of the 2024 housing market Why did home prices rise in 2024 even with buyer demand so low? Our affordability crisis keeping many Americans renting instead of buying The commercial real estate crash and why multifamily is seriously struggling now Hottest (and coldest) real estate markets that nobody would have expected The cities that are seeing the most rent price growth (and some with the least) And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums Grab Dave’s New Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Invest in Real Estate in 2025 (with NO Experience) Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1053 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 borrow money for your first real estate deal? We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake? This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know whether bankruptcy or late payments is an immediate red flag in a tenant application. She’s struggling to fill up her property, so should she take on a tenant with sub-optimal finances? What do you do when you inherit a tenant paying substantially under-market rent? How do you raise rents the right way? Finally, Henry the house flipper shares his thoughts on the 70% rule and gives his own house-flipping formula you can perform on the spot to see if your deal is a steal! Looking to invest? Need answers? Ask your question on the BiggerPockets Forums! In This Episode We Cover: Whether you should or shouldn’t borrow private money for your first real estate deal Tenant red flags and what to do when you’re struggling to fill a vacancy Raising rents on inherited tenants and why we DON’T ask for market rates How to attract better tenants to your rental property (and whether to lower the price) Henry’s house-flipping formula that beats the 70% rule calculation And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums Grab Henry’s New Book, “Real Estate Deal Maker” Find Investor-Friendly Lenders The Comprehensive Guide for Financing Your Very First Real Estate Deal Connect with Henry Connect with Dave (00:51) Use Private Money for FIRST Deal? (06:21) Tenant Red Flags (11:24) How to Attract Tenants (13:47) Raising Rents on Inherited Tenants (19:55) Ditch the 70% Rule? (27:54) Ask Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1052 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