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Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with Dave Meyer, the Head of Real Estate at BiggerPockets, as he uncovers tried and true tactics and shares candid conversations with real estate investors who are building wealth in today’s market. Join Dave to walk through deals that went right (and wrong) and learn the strategies you can deploy—start growing your side income today to take control of your financial future.
How to Find Financial Freedom with Small Multifamily Rentals
Small multifamily investing is one of the fastest ways to reach financial freedom through real estate. With just a few multifamily rental properties, you can create passive income streams that’ll allow you to retire from your W2 job, go full-time into real estate investing, or have enough money to do whatever you want, whenever you want. Don’t think it’s still possible? Dave Meyer, multifamily investor and VP of Data and Analytics at BiggerPockets, may change your mind.
Dave started investing in real estate by buying a couple of small multifamily rentals within a block of each other. He lived in one of the units while renting out the others, allowing him to live for free and collect some sizable cash flow. Now, years later, Dave is collecting around $5,000 per MONTH from just these two properties. And if you invest in small multifamily rentals, you could experience the same cash flow!
If you want to invest like the experts and use the tools and calculators from this episode, sign up for BiggerPockets Pro and use code “FAMILYPOD20” for a discount!
In This Episode We Cover:
How to achieve financial freedom by investing in SMALL multifamily real estate
The four MAJOR benefits small multifamily boasts and why you’ll want to get in NOW
The financial freedom formula and calculating out how much you REALLY need
Financing your small multifamily rentals using loans and creative financing
How to use the BiggerPockets Rental Property Calculator to calculate cash flow, cash-on-cash return, and long-term profit
The dangers you MUST look out for before investing in ANY multifamily deal
And So Much More!
Links from the Show
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BiggerPockets Bookstore
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BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Rental Property Calculator
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DealMachine
ListSource
Grab the Small Multifamily Slides and Worksheet:
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Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
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Book Mentioned in the Show:
Real Estate by the Numbers by J Scott & Dave Meyer
The Multifamily Millionaire by Brandon Turner
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-1
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01:18:4119/08/2023
806: How Two Soccer Moms Went from Small Multifamily to $11M Real Estate Deals w/Breanne Weber and Denise Mayen
Want to invest in multimillion-dollar multifamily deals? You might think you don’t have what it takes to take down seven or even eight-figure real estate investments, but you’d probably be wrong. Today’s guests went from buying $99,000 rental properties to $11M multifamily apartment complexes while raising young children. So how do you scale from small to large multifamily and do it at a time when asset prices are so high, and competition remains fierce?
David Greene is joined by Matt Faircloth, instructor of the BiggerPockets Multifamily Bootcamp and author of Raising Private Capital. If you’re an avid BiggerPockets listener, you’ve probably heard Matt before on our past multifamily episodes. Today, Matt brought two of his students, Breanne Weber and Denise Mayen, to touch on how they went from real estate rookies with a few flips and rentals to chasing $11M multifamily real estate deals.
Breanne and Denise walk through their steps to find, analyze, and raise capital for massive multifamily deals. From finding the right partners to building your team, splitting roles and responsibilities, and chasing deals that seem almost impossible, today’s episode is for ANYONE who wants to level up their real estate portfolio and get into bigger properties with better profits.
In This Episode We Cover:
How to go from small to large multifamily investments and why you need to be “adding more zeros”
Finding your perfect real estate partner and what they should have that you don’t
Raising private capital for your real estate deals and why it’s not as hard as you think
The four real estate “superpowers” your team MUST possess to get big deals done
Diving deep into the $11M, 104-unit deal Breanne and Denise got under contract
When to walk away from a real estate deal and how to know it’s too much to handle
And So Much More!
Links from the Show
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
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BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Matt's BiggerPockets Profile
Derosa Group
Sign Up for a BiggerPockets Bootcamp
Book Mentioned in the Show:
Grab The Revised Edition of “Raising Private Capital” by Matt Faircloth
Connect with Breanne & Denise:
Breanne's BiggerPockets Profile
Denise's BiggerPockets Profile
Braid Capital
Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-806
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:12:0217/08/2023
805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart
Think every housing market is too expensive to buy in? Think again. We’re going over two of the country’s biggest cash flow housing markets and showing why they may be your next best bet when buying rental property. And while, traditionally, cash flow real estate markets have been associated with constant turnover, low appreciation, and consistent headaches, these two markets defy the odds—if you know where to buy.
Peter Stewart, Indianapolis agent and investor, is on today to discuss why his underrated but surprisingly lucrative housing market deserves your dollars. He’s got clients doing BRRRRs, flips, and regular rental properties with crazy cash flow numbers and returns in the triple-digit percentages! Then we talk to Brandon Ribeiro, Philadelphia commercial agent who recently scored his buyer a rock-bottom mortgage rate (3%!) that will double the cash flow on his newest property.
Interested in investing in markets like this? Need a local expert to guide you through the buying process? Check out BiggerPockets Agent Finder to connect with an expert agent in your area. It’s completely free, and you’ll get matched with experts who can talk about cash flow, not just granite countertops.
In This Episode We Cover:
Two cash flow real estate markets with strong signs for buyers
The market metrics you MUST look at before buying in ANY area
The “danger” of investing in cash flow areas and what you MUST avoid when doing so
The 130% cash-on-cash return BRRRR that you can buy in THIS market
How to lock down a rock-bottom mortgage rate with seller-financing
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Book Mentioned in the Show:
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Connect with Brandon & Peter:
Brandon's BiggerPockets Profile
Brandon's Instagram
Brandon's Website
Peter's BiggerPockets Profile
Peter's Facebook
Peter's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-805
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:00:0515/08/2023
804: What to Do TODAY to Instantly Find More Real Estate Deals
Support the relief efforts for the Maui wildfires by donating to the organizations below or clicking here. Together, we can make a difference for those affected by this tragic event:
HAWAI‘I COMMUNITY FOUNDATION: https://www.hawaiicommunityfoundation.org/maui-strong
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MAUI FOOD BANK: https://mauifoodbank.org/
MAUI HUMANE SOCIETY: https://www.mauihumanesociety.org/
RED CROSS: https://www.redcross.org/local/hawaii.html
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Real estate investing isn’t what it used to be. Back in 2010, in a post-crash housing market, almost any property in any area could cash flow easily. Back then, the question wasn’t “Where are the deals?” It was “Which deal should I buy?” But things have changed, and now in 2023, homes are hard to purchase, let alone cash flow, and more and more real estate investors are giving up simply because they don’t know the new rules of the game. So, here’s what you NEED to know.
Before we unlock every wealth-building secret in the book, let’s welcome back Danny Zapata, Philip Hernandez, and Wendy St. Clair, our recent mentees of the ninety-day mentorship! We brought them back on the show to talk about deals they’ve done, the progress they’ve made, and where they’ve fallen off track. One mentee left their job, another is handling headache evictions, and one had to put a pause on real estate. But now, they’re ALL ready to expand their empires, but they’ll need some advice first.
In this episode, David and Rob show you how to get more real estate deals TODAY, why you’re doing meetups all wrong, the reality of cash flow and why “mailbox money” isn’t what it used to be, and what to do when you CAN’T find the momentum to keep growing your wealth.
In This Episode We Cover
How to find more real estate deals instantly (even in 2023!)
The “reverse escalator” of wealth and why most Americans are getting left behind
What to do when you’ve lost momentum along your real estate journey
Replacing your job with real estate and the smartest, cheapest way to buy home-run rental properties
Why you MUST sacrifice short-term cash flow for long-term wealth
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Attend a BiggerPockets Meetup
BiggerPockets Podcast 708
BiggerPockets Podcast 719
BiggerPockets Podcast 726
BiggerPockets Podcast 738
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Connect with Danny, Philip, And Wendy:
Danny's BiggerPockets Profile
Danny's Instagram
Philip's BiggerPockets Profile
Philip's Instagram
Philip's Website
Wendy's BiggerPockets Profile
Wendy's Instagram
Recorded at Spotify Studios LA.
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-804
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01:05:1113/08/2023
803: Building a $1.8M Real Estate Portfolio by Outsourcing Your “Weaknesses” w/Andy Gil
Want to build a million-dollar real estate portfolio? We’ve got good news for you! You DON’T have to rush full-steam ahead, buying every property that crosses your path to reach financial freedom. That’s right, instead of buying dozens of units a year, you can buy a dozen units within a couple of decades, taking the slow, steady path to building wealth instead of ferociously racing to rack up as many rentals as possible.
While it may sound like every real estate investor is constantly on a buying spree, this is far from the truth. Investors like Andy Gil have been able to build seven-figure real estate portfolios without sacrificing time with family or infringing on their morals to make more money. Far from it, actually; Andy is outwardly trying to make it easier for often neglected renters to find a safe place to stay.
Through the past two decades, Andy has been building his rental property portfolio up to the twelve units it is today. He never thought he would be the person to buy a house, let alone own a rental portfolio. Still, thanks to his differences that make him a superhero in aspects most investors would dread, he’s built serious wealth without sacrificing what’s important. In this episode, you’ll hear precisely how Andy did it, his “T-Rex” policy that entices renters, outsourcing your weaknesses, and using your differences to build wealth.
In This Episode We Cover:
Andy’s “T-Rex” rental policy that leads to low vacancy and a steady stream of passive income
Outsourcing your weaknesses and why you MUST know what you don’t do well
Buying a “fractured condo association” and why Andy is all-in on this uncommon asset class
Taking obstacles and turning them into opportunities along your investing journey
How multifamily real estate investors can prepare for an upcoming wave of vacancies
Why unit count DOESN’T matter, but the wealth in those units does!
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
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Rob's Twitter
Rob's YouTube
A Slow, Steady, and Sustainable Way to Buy Rentals
The Ultimate Guide to Adding Systems & Outsourcing to Work Less in Real Estate
Going Into Multifamily When You’re Fairly New to Real Estate
Connect with Andy:
Andy's BiggerPockets Profile
Andy's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-803
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:01:3210/08/2023
802: Codie Sanchez: Passive Income is a Scam, Do This Instead
Codie Sanchez doesn’t believe in passive income but still makes millions of dollars a year with businesses that don’t require her input. To her, building businesses isn’t the “set it and forget it” dream that most investors think it will be, but it sure beats having a job. Codie has built her wealth by buying “boring” businesses that most people overlook. Car washes, laundromats, and self-storage are some of her portfolio favorites, and they could make you a killing too.
So, what business should you buy? In today’s episode, Codie goes over the exact type of businesses real estate investors should be looking into, what to do before you even begin your search, and how to hire someone else to run the business so you don’t have to. But you might think, “I have no experience doing ANYTHING like this.” Thankfully, you don’t need to be a former CEO or investing expert to buy profitable boring businesses, but you need something almost everyone has.
From there, Codie dives deep into the secret of “talent management” and how to keep great employees around while making them rich, plus the one partnership tip that could stop you from getting scammed and losing hundreds of thousands of dollars (this happened to Codie). Want to buy a business and leave your nine-to-five behind? Tune in!
In This Episode We Cover:
How to buy a “boring” business that will build wealth for you
The passive income scam and why the money you make comes with a cost
Hiring out your business so you can spend time doing what you want
The talent management “secret” and how to keep the best employees around for decades
The businesses that real estate investors should look at buying
Codie’s rules of thumb that she follows when buying ANY type of business
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
BiggerPockets Real Estate Podcast 614
BiggerPockets Money Podcast 416
BiggerPockets Business Podcast 105
Buying and Growing a Small Business With Little to No Risk
Books Mentioned in the Show:
Winning by Tim Grover
Connect with Codie:
Contrarian Thinking
Codie's Instagram
Codie's LinkedIn
Codie's Twitter
Codie's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-802
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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54:5608/08/2023
801: The Secret to Building a Rental Portfolio With Limited Time, Money, or Experience
No time or money to invest? You need a real estate partnership. What keeps almost every real estate rookie from investing is the fear that they’ll fail or that they don’t have enough to get started. But what if you could join forces with an experienced investor and learn the real estate investing game while gaining equity? Or, what if you’re busy making money from a high-paid job or business and don’t want to manage tenants, toilets, or trash? Well, there’s a good chance a partnership could take your passive income to the next level.
To help unlock the world of real estate partnership, Ashley Kehr and Tony Robinson from the Real Estate Rookie podcast join us and give a glimpse into their new book, Real Estate Partnerships. In it, they talk about the four reasons why most investors need a partner, where to find the right person to invest with, the different types of partnerships (equity vs. debt), and red flags that you CAN’T ignore.
Both Ashley and Tony have built multimillion-dollar real estate portfolios thanks to partnering up. So, if you’ve tried to go at it alone and aren’t having much luck building wealth, this may be your sign to start searching for a partner who will help you build your rental property portfolio!
Grab your copy of Real Estate Partnerships and use code “PARTNER801” at checkout for an exclusive discount.
In This Episode We Cover:
The four signs that you NEED a partnership to succeed in real estate
The red flags to RUN away from if you see them in a potential partner
Debt partnerships vs. equity partnerships and how the wrong one could kill your deal
The partnership agreement and why you MUST sign one before you start investing together
Where to find the perfect real estate partner (they’re closer than you think!)
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Grab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER801” at Checkout
How to Use the DISC Profile to Communicate Effectively in Business
Connect with Ashley & Tony:
Ashley Kehr's BiggerPockets Profile
Ashley's Instagram
Real Estate Rookie Podcast
Tony Robinson's BiggerPockets Profile
Tony's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-801
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Recorded at Spotify Studios LA.
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01:04:3106/08/2023
800: Million-Dollar Advice from Millionaire Investors Codie Sanchez, Alex and Leila Hormozi, and More!
Want to be a millionaire? We sat down with Codie Sanchez, Alex and Leila Hormozi, Mikey Taylor, Cody Davis, Christian Osgood, and other multimillionaires and distilled their most critical investing, business, and entrepreneurship advice into one episode. But we couldn’t unleash all this wealth-building content on any old episode, so we packaged it up and made it into our episode 800 special!
This time, we’re not just hearing from one successful guest but dozens of them as we get their take on the biggest mistakes, the worst wastes of money, the best advice they’ve ever received, and whether or not you’re too old (or young) to get rich. You’ll hear what’s holding them back today and the one thing they wished they had done earlier that would have made them millions more and saved thousands of hours.
Stick around because this episode is a masterclass on making your first (or next) million from investors who are playing the game better than anyone else. Be sure to keep an eye on the BiggerPockets feed, as these full interviews will be released over the next few weeks!
In This Episode We Cover:
What you should NEVER ignore if you’re building a rental portfolio or business
Why focusing on making money while you’re young is a WASTE of time
The $3,000 purchase that Alex and Leila Hormozi wish they could take back
Why you DON’T need money to make millions and an eight-figure mistake you CAN’T repeat
Building your systems and processes NOW so you can relax while others work for you
Shiny object syndrome and how it’s secretly making you broke
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Connect with The Guest:
Alex Hormozi's Instagram
Alex's Latest Episode
Andrew Cushman's BiggerPockets Profile
Andrew's Latest Episode
Ashley Kehr's BiggerPockets Profile
Ashley's Instagram
Real Estate Rookie Podcast
Christian Osgood BiggerPockets Profile
Christian's Instagram
Christian's Latest Episode
Codie Sanchez' Instagram
Codie's Latest Episode
Cody Davis' Instagram
Cody's Latest Episode
Danny's (Mentee) BiggerPockets Profile
Jason Lee's Instagram
Leila Hormozi's Instagram
Leila's Latest Episode
Mikey Taylor's Instagram
Philip's (Mentee) BiggerPockets Profile
Soli Cayetano's BiggerPockets Profile
Soli's Instagram
Tony Robinson's BiggerPockets Profile
Tony's Instagram
Wendy's (Mentee) BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-800
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Recorded at Spotify Studios LA.
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47:2503/08/2023
799: 3 Steps to Building a Simple, Safe, "No Bank" Rental Property Portfolio w/Cody Davis and Christian Osgood
You can build a multifamily real estate portfolio without a ton of money, risk, or time. Cody Davis and Christian Osgood built their multimillion-dollar rental property portfolio in a matter of years, using strategies that ANYONE, no matter their experience level, can use. But, how they do things is a little unconventional and probably goes against everything top real estate investors have been telling you.
While the world looked to lock down as much debt as possible during 2020-2021’s low mortgage rates, Cody and Christian sought something else. This dynamic investing duo wanted long-term debt on excellent properties that could be paid off quickly, enabling them to own their portfolio outright. This meant that Cody and Christian would have to sacrifice a substantial amount of cash flow, keep their spending low, and only buy the best properties out there.
How Cody and Christian bought the properties is a strategy you most likely haven’t heard of before. It’s so ingenious that if you follow the same steps as Cody and Christian, you’ll be able to get THE best properties, at the best price, from a seller who WANTS you to make money off them. Doesn’t sound possible in such a cutthroat industry, does it? Stick around to learn the EXACT steps Cody and Christian took to build their low-risk, high-reward, eight-figure portfolio.
In This Episode We Cover:
How Cody and Christian built a 130-unit rental portfolio in just a few years
The three simple steps to seller financing and why you NEVER ask if an owner is selling
Working with realtors and how to turn on-market deals into off-market steals
Where to find seller-financed properties and owners that are most likely to sell
Mortgage rates, bank loans, and how to choose your own terms on your next loan
How to NEVER lose your wealth and why most investors are in for a rude awakening
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
BiggerPockets Podcast 554 with Cody
BiggerPockets Podcast 605 with Christian
How Cody Davis Acquired 81 Units By The Time He Turned 21
The Definitive Guide to Using Seller Financing to Buy Real Estate
Connect with Cody & Christian:
Cody's Instagram
Christian's Instagram
Christian's BiggerPockets Profile
YouTube
Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-799
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Recorded at Spotify Studios LA.
Learn more about your ad choices. Visit megaphone.fm/adchoices
01:00:4401/08/2023
798: Leila and Alex Hormozi’s Unbelievably Simple Investing Advice
Leila and Alex Hormozi are arguably the most popular business owners on the internet. After growing Gym Launch, one of their first major brands, and selling it for many millions, Leila and Alex knew that they had the secret sauce for building businesses. When someone asked them to use the same strategy for another brand, the idea of Acquisiton.com was born, and the seven, eight, and nine-figure wealth building began.
Now, Leila and Alex are running Acqusition.com at a rate that most entrepreneurs couldn’t even fathom. Their monthly revenues alone blow most businesses’ yearly numbers out of the water. And they’re doing it all as husband and wife, with less bickering and a lot more business getting done. Almost every wannabe entrepreneur wants what Leila and Alex have, so what’s their blueprint to success?
In this episode, Leila and Alex break down how they’ve built their nine-figure businesses, the secret to scaling your brand and making millions, the do’s and don’ts of working with your spouse, and Alex’s new book, $100M Leads. This is a masterclass in running your business the RIGHT way, and if you want to build multimillion-dollar wealth, you CANNOT miss this episode.
In This Episode We Cover:
Leila and Alex’s business blueprint and the exact way they build their brands
The secret to scaling and why it’s SO hard to hire the right people
Leila and Alex’s surprisingly simple investing advice that the wealthy follow
Working with your spouse and when you should (and shouldn’t) invite your partner to work with you
Who you should hire FIRST when building your small business
The eight ways to build eight-figure revenue streams for your business
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Work with David
Rob's BiggerPockets Profile
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Rob's Twitter
Rob's YouTube
Hear Our Previous Interview with Alex
Sign Up for the “$100M Leads” Live Virtual Event
Leila on How to go from $0 to MILLIONAIRE
Books Mentioned in the Show
$100M Offers by Alex Hormozi
Connect with Alex:
Alex's Instagram
Alex's LinkedIn
Alex's Twitter
Alex's Website
Connect with Leila:
Leila's Instagram
Leila's LinkedIn
Leila's Twitter
Leila's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-798
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Recorded at Spotify Studios LA.
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01:12:2030/07/2023
797: 7 Rentals in 3 Years by Breaking All the Real Estate Rules w/Jenni Vega
Most people take YEARS to buy their first rental property, but most people aren’t Jenni Vega. Instead of waiting, Jenni bought seven rentals in just three years, with almost unbelievable cash flow on each using what she calls the “golden triangle” method of investing. With this simple framework, Jenni was able to buy undervalued properties in cities that most investors don’t even have on their radar. The properties are cheaper, the profits are bigger, and if you copy Jenni’s method, you, too, can build a six-figure side income stream in just a few years.
Surprisingly, Jenni still keeps her day job as a Cutco closing gift saleswoman. In fact, it’s what got her into real estate. After working with dozens of realtors a week, Jenni learned about buy and hold rental property investing. It didn’t take long before she bought her first property in an area most investors would avoid. But, thanks to careful planning and intentional investing, Jenni turned this cheap property into a $50K/year revenue stream. And that was just the start.
Now, breaking all the “real estate rules,” Jenni is out to prove that almost any property can become a profitable vacation rental. Whether she’s adding game rooms, "redneck mini golf" courses, or cowboy pools, Jenni has turned lackluster properties into top-performing short-term rentals. If you follow her advice, you can do it too!
In This Episode We Cover:
The “golden triangle” method that ensures your rental will always be full
Breaking the “real estate rules” and why boring locations bring in BIG cash flow
Quitting your nine-to-five and why keeping your active income stream may be a better idea
Unique amenities that will make your vacation rental stand out in a saturated market
The short-term rental listing tip that could give you a boost in bookings
How to invest in short-term rentals in 2023 (and what to avoid before you start)
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Tony's BiggerPockets Profile
Tony's Instagram
Tony's YouTube
Hear Tony on the “Real Estate Rookie” Podcast
Subscribe to the “Real Estate Rookie” YouTube Channel
Learn About Tony’s Recent Deal Gone Wrong
Books Mentioned in the Show
HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader and Jennice Doty
Connect with Jenni:
Jenni's BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-797
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01:00:5527/07/2023
796: 2024 Housing Market Predictions and 3 Underrated Real Estate Markets to Watch
We’ve got 2024 housing market predictions coming up in this episode. But don’t worry, David and Rob haven’t put their careers on the line to try and guess where home prices will be next year. Instead, we brought the expert panel from On the Market to give their best real estate predictions so David and Rob remain safe in the eyes of our darling listeners. Dave Meyer, host of On the Market and BiggerPockets VP of Data and Analytics, recaps the 2023 housing market and tells us what (and where) to look for as the year’s second half begins.
Dave and the expert investor panel will review everything that happened over the past six months in real estate. From home prices correcting and failing to crash to inventory falling back down to historic lows, days on market dwindling, and the “lock-in effect” for homeowners, the 2023 housing market turned out to be nothing we would have expected. But is there hope for rental property owners and real estate investors?
To answer that, our guests will give their mortgage rate, recession, and home price predictions. But that’s not all. They’ll also uncover some of the most underrated real estate markets across the nation, all showing strong signs of growth and huge profit potential. Get in before the masses do, and for more up-to-date real estate data, check out On the Market!
In This Episode We Cover:
The housing market correction explained and why we never had the crash so many predicted
Inventory updates and why homeowners are too “locked-in” to sell their homes
Mortgage rate predictions and where we could see rates end up in 2024
Home price forecasts and why one expert guest still thinks we’ll see sizable price jumps
Three “under the radar” real estate markets that you’ve (probably) never heard of
The #1 place to live in the US that has homes for half the US average!
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
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BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
BiggerPockets
Apple Podcasts
Spotify
Subscribe to the “On the Market” YouTube Channel
The BIG Economic Implications of US Bank Failures w/Mark Zandi
NW Arkansas Skyline Reports
Connect with Dave, Kathy, Henry, & James:
Dave's BiggerPockets Profile
Dave's Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Henry's Website
James' BiggerPockets Profile
James' Instagram
James' Website
Kathy's BiggerPockets Profile
Kathy's Instagram
Kathy's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-796
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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39:5325/07/2023
795: Making $10K/Month with a “Small and Mighty” Rental Portfolio w/Chad “Coach” Carson
Rental properties and early retirement go together like peanut butter and jelly. If you want to leave your nine-to-five behind, make six figures, and have ultimate time freedom, real estate investing may be your best bet. But, with so many influencers constantly pushing “more doors,” it seems like real estate is becoming a death race to retirement, not something that grants total financial freedom. If you want to ACTUALLY retire early, with fewer headaches, and a lot of passive income, Chad “Coach” Carson is who you should listen to.
For the past year, Chad and his family have been living abroad in Spain. He’s taken time to learn Spanish, lounge around, and have a siesta while his rental properties create his passive income. The best part? Chad spends two hours (yes, TWO) a week running his rental property portfolio. But Chad didn’t need to build a real estate portfolio of a billion units to accomplish his goal of ultimate time flexibility. Instead, he built a “small and mighty” portfolio.
In today’s episode, Chad walks through how to build a rental property portfolio that will help you reach financial freedom without owning hundreds of units. He also uncovers why debt and leverage aren’t always the best option and why you should pay off your properties before they’re due! You can learn more about Chad’s exact strategy in his new book, “The Small and Mighty Real Estate Investor.” Use promo code “SMALL795” for a special discount!
In This Episode We Cover:
How to retire early with rental properties and only work two hours per week
When to take profits and when to reinvest in your portfolio
Delayed gratification and why you SHOULD take “mini-retirements” on the road to financial freedom
The five most commonly believed myths about building a real estate portfolio
Paying off your rentals early and the double benefit of being debt-free
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
BiggerPockets Podcast Ep 84
BiggerPockets Podcast Ep 141
BiggerPockets Podcast Ep 293
Real Estate Rookie Podcast Ep 306
BiggerPockets Money Podcast Ep 19
Books Mentioned in the Show
BRRRR by David Greene
Long-Distance Real Estate Investing by David Greene
Pick up your copy of “The Small and Mighty Real Estate Investor” and use code “SMALL795”
Connect with Chad:
Chad's BiggerPockets Profile
Chad's Podcast
Chad's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-795
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:00:1223/07/2023
BEFORE You Buy: How to Know Your Market (and Property) Will Make it In 2023 w/Dave Meyer
Is your market worth buying in? With the economy on shaky footing, now ISN’T the time to guess. And once you find your investing area, how do you ensure your rental property will profit? Even in 2023, when cash flow is low, and home prices are high, it doesn’t take long to determine whether a rental is worth your money (or time). And, if you’re still trying to get your FIRST real estate deal, odds are you’re probably spending HOURS finding deals and crunching numbers. So let’s speed up the process.
In this webinar bonus, Dave Meyer, BiggerPockets VP of Data and Analytics and On the Market host, will walk through EXACTLY how to analyze a rental property in minutes, the tools he uses to calculate cash flow, cash on cash return, and more, and how to know whether or not a real estate market is worth investing in. With mortgage rates rising and affordability at historic lows, Dave was STILL able to find a property that produced positive cash flow. So, if Dave can find a deal like this, why can’t you? Stick around to learn how to calculate rental property profits in MINUTES and which markets are worth the money.
Ready to invest? Sign up for BiggerPockets Pro and use code “DEALANALYSIS” for 20% off an annual membership!
In This Episode We Cover:
How to analyze a real estate deal in any market, even if you have NO experience
The 2023 housing market and whether or not now is the right time to invest
Running a live deal analysis with the BiggerPockets Rental Property Calculator
Picking your real estate market and signs of one you should invest in
The EASIEST way to analyze deals and grow your rental portfolio faster
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Dave’s BiggerPockets Profile
Dave’s Instagram
Rental Property Calculator
On the Market Podcast
How to analyze a rental property
Book Mentioned in the Show
Real Estate by Numbers by Dave Meyer
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-1
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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43:4022/07/2023
794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know
Creative finance is a home-buying hack that most people don’t know about. If you know what it is and how to use it, you can pick up properties for only a hundred dollars, build your rental portfolio faster than ever, and reach financial freedom in mere years. And in 2023, when the housing market is still hot, and home prices have barely cooled off, creative finance could be the solution to no cash flow and overpriced deals. But before you creatively finance your next rental property, you’ll need to know which strategy to use and when to use it.
Jenn and Joe Delle Fave used creative finance to move from snowy Upstate New York to sunny Florida after escaping soul-crushing work. Jenn, a former teacher, loved her career, and the time she spent with her kids. But Joe was stuck at the car dealership, working late into the night, sacrificing family time to make more money. He knew he needed a way out but didn’t want to give up the financial security of a W2. Everything changed when he had the “light bulb” moment to try creative finance.
Now, Jenn and Joe have run a full-time investing business, picking up pristine properties using strategies like seller financing, subject to, or wrap mortgages. They’ve acquired properties for very little down in some of the most competitive neighborhoods in the country, growing wealth WITH the time freedom they desired. Jenn and Joe give invaluable advice on which strategies work for which seller, the easiest way to get leads sent to you, and how you build wealth with real estate faster.
In This Episode We Cover:
The EASIEST way to get dozens of off-market properties sent to you EVERY DAY
The best creative financing strategies and when to use each
Wrap mortgages explained and taking advantage of someone else’s low mortgage rate
Time freedom and the “golden handcuffs” that stop you from accomplishing your dreams
The one thing you should ask EVERY seller before you buy a property
Investing with a spouse and the benefits of building a business together
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear Our Recent Episode with Creative Finance Master, Pace Morby
What Is Creative Financing And How To Use It In Real Estate
Connect with Jenn & Joe:
Jenn's BiggerPockets Profile
Jenn Instagram
Joe Instagram
Jenn & Joe's Facebook Group
Jenn & Joe's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-794
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:04:3620/07/2023
793: How to Analyze a Rental Property as a COMPLETE Beginner
Don’t know how to analyze a rental property? After this episode, you’ll be a rental property analysis pro, knowing exactly how much money you’ll make on your first, second, or next real estate investment. But don’t worry; you won’t need any complex formulas, dense spreadsheets, or complicated math to calculate how much cash flow you’ll collect from your real estate deal. Instead, you can use the EXACT methods we show to analyze investment properties in minutes, EVEN if you’re a real estate rookie!
Wait? Did David and Rob morph into the queen of upstate real estate, Ashley Kehr, and short-term rental/skincare expert, Tony Robinson? Fortunately, David and Rob are safe and sound, and in this episode, Ashley and Tony from the Real Estate Rookie podcast will teach you EXACTLY how to analyze real estate deals in 2023. From long-term to short-term rentals, BRRRR properties, and choosing your real estate market, Ashley and Tony will go through everything you need to ensure your first or next real estate deal is a home run.
Our hosts will go step-by-step through analyzing a real estate investing market, signs of one you should invest in, building your “buy box,” analyzing a long-term, short-term, and BRRRR investment property, and how the 2023 housing market has changed. If you’re still waiting to get a rental property under contract, this is the place to start!
In This Episode We Cover:
How to analyze a rental property, short-term rental, or BRRRR investment from scratch
2023 housing market updates and what you MUST know before buying
Using the BiggerPockets rental property calculators to analyze properties in minutes
Where to find insurance prices, property taxes, and other KEY variables
The three things you MUST know before analyzing an Airbnb or vacation rental
Financing your real estate deal and rental property loans you can use to purchase an investment property!
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Ask David Your Real Estate Investing Question
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
BiggerPockets Calculators Used in This Episode:
Rental Property
BRRRR
Rent Estimator
Tune into The “Real Estate Rookie” Podcast:
Podcast
YouTube
Grab Tony’s Short-Term Rental Calculator
BrightInvestor
NeighborhoodScout
Policygenius
PriceLabs
Propstream
Investor Shout-Outs:
Amy Mahjoory
Lattes and Leases
Zosia Madden (Rookie Ep 301)
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-793
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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01:18:4418/07/2023
792: Seeing Greene: How to Build a Business That Sets You Free w/Gary Harper
Want to know how to start a business? One that will help you reach financial freedom, find purpose, and give you more opportunity to spend time with your family? Those are the reasons why almost all of us get into real estate investing, and while having a couple of rentals may not sound like a business to you, running your portfolio like a business will have immeasurable effects on your life. But first, you’ll need to know how the pros build businesses.
Gary Harper, esteemed business coach, went from a rental property investor shooing away copper thieves to Fortune 500 executive and now teaches other entrepreneurs how to do the same. He knows what it takes to build a successful business, why so many entrepreneurs fail, and how to delegate and eliminate tasks to build a business you enjoy running. Sounds like a dream, right?
In this special edition of Seeing Greene, David and Rob will take listener questions on starting a business, building a rental property portfolio, real estate partnerships, and what parents should do when entering the high-stress world of entrepreneurship. You’ll also hear why being fixated on profit could be a BIG mistake. All that and more are coming up in this episode!
In This Episode We Cover:
Going from employee to entrepreneur and what to focus on when building a business
Scaling a busy business and how to start outsourcing and automating tasks you don’t want to do
The “coaches” you can’t trust and signs that a mentor ACTUALLY has experience
Real estate partnerships and one of the biggest mistakes you can make when buying a property together
The work-life balance lie and what you should be focusing on instead
How parents can balance raising kids and building a real estate portfolio
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Ask David Your Real Estate Investing Question
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
15 Things Every Newbie Needs to Know About Starting a Business
Work-Life Balance Is a Lie — Here’s How to Really Stress Less
Grab a Free Leadership Lesson from Gary
Connect with Sharper:
Sharper's Facebook
Sharper's Instagram
Sharper's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-792
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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52:5316/07/2023
792.5: How to Wholesale Real Estate (FREE Audiobook Chapter)
Want to know EXACTLY how to wholesale real estate in 2023? If so, you’re in luck. Today, you’ll get a sneak peek of Jamil Damji’s newest book, How to Wholesale Real Estate. In it, investing expert and On the Market co-host Jamil Damji walks through exactly how to start wholesaling houses, even if you have no money or experience. But it’s not just about collecting checks from work you’ve done yourself; Jamil also teaches how to build a scalable business so you can focus on living life, not flipping contracts.
Want to pick up How to Wholesale Real Estate and other BiggerPockets best-selling audiobooks for 50% off? Head to https://www.biggerpockets.com/audiobooks to get your next BiggerPockets audiobook for half the price. Hurry! This sale ONLY lasts 24 hours!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Ask David Your Real Estate Investing Question
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear Jamil On the “On the Market” Podcast
Book Mentioned in the Show:
How to Wholesale Real Estate by Jamil Damji
Wealth without Cash by Pace Morby
BRRRR by David Greene
Connect with Jamil:
Jamil's BiggerPockets Podcast
Jamil's Facebook
Jamil's Instagram
Jamil's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-792-5
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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27:2416/07/2023
791: 40 Rental Units and the “Desperate” Deals That Are Waiting for You w/Nate Shields and Troy Zimmerman
Nate Shields and Troy Zimmerman had a straightforward goal: get to one hundred rental units in ten years. Now, near the halfway mark, Nate and Troy have made almost unbelievable progress in a real estate market most investors perceive as radioactive. With overpriced properties everywhere you look, out-of-whack cash flow, and high mortgage rates, will good deals ever come back? Thankfully for Nate and Troy, finding a deal was never the assignment; making a deal was.
After going through difficult partnerships in the past, Nate and Troy were hesitant to hop in the game together. But after years of getting to know each other’s strengths and weaknesses, it was only natural for them to tackle big deals together instead of small deals apart. Now, with forty rental units under their belt, they’re well on their way to hitting their hundred-unit goal. But this wouldn’t have worked out if they hadn’t made one special phone call.
In this episode, Nate and Troy will review their most recent acquisition, a fourteen-unit apartment complex with tricky financing in northwest Alabama. They’ll also share how calling one desperate listing agent unlocked a deal flow that brought dozens of units directly to them. If you’re struggling to invest in today’s demanding market and don’t think there are any deals worth the effort, this episode could change everything for you.
In This Episode We Cover:
The “desperate” real estate deals that NOBODY is looking at (and where to find them)
Real estate partnerships and why investing together beats going at it alone
Exit strategies and the BIG mistake most partnerships make when getting started
Why you might be just one phone call away from the best real estate deal of your life
Seller financing and how to use it to lower your loan costs and get a tricky deal done
Raising private capital and who you should (and shouldn’t) accept money from
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Are You an Agent? Work with Nate to Get More Leads!
Partnerships: What to Do Before You Jump in With Another Investor
Connect with Nate & Troy:
Nate's BiggerPockets Profile
Nate's Instagram
Troy's BiggerPockets Profile
Troy's Twitter
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-791
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
44:4813/07/2023
790: BiggerNews: How to Find 0% Interest and Instant Cash Flow Deals in 2023
Want a zero percent interest rate and a paid-off seven-figure property? What about a quick fix and flip that’ll net you six figures in profits? Or, maybe buy an office and make nearly half a million dollars while having your own workplace? It’s 2023, and the housing market has turned most real estate investors off. Everyone thinks that deals are impossible to find, but funnily enough, we keep hearing stories about real estate investors making massive profits while residential buyers cower in fear. So, where can you find these deals?
We’ve brought back Kim Meredith-Hampton and Victor Steffen from the Tampa/St. Petersburg, Florida, area and the Dallas-Fort Worth, Texas, markets, respectively. Plus, Matthew Nicklin from southern seller’s market, Atlanta, Georgia, joins us as we review real deals from all three markets to show you that no matter the housing market cycle, you can STILL make money in real estate (even in 2023!)
We’ll go over six individual deals, from turnkey medium-term rentals selling at zero percent mortgage rates (with seller financing) to easy, instant cash flow deals with perfect tenants in place. But maybe you’re not a buy and hold investor. If so, a couple of flip deals are brought on to show that six-figure profit potential still exists for the right properties. And, we’ll deep dive into one of the agent’s commercial real estate deals that made nearly half a million dollars in equity alone!
In This Episode We Cover:
Three hot southern housing markets where you can still find real estate deals
Signs of a stable market and why you want to see faster home sales
Seller financing and how to use it to score a rock-bottom mortgage rate on your next rental
How to use private lending to make a killing without getting your hands dirty on a deal
“Office hacking” and turning unused space into cash flow and HUGE equity gains
Paying off your property faster and why having little-to-no cash flow may be worth an earlier retirement
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-790
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01:00:4611/07/2023
789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K
Real estate deals are hard to come by in 2023. But, there are still a few overlooked rental markets that most investors aren’t aware of. In times like this, with investors ready to pounce on almost any property and other assets vastly underperforming real estate, you’ll need to think differently if you want to get ahead. Long gone are the days of buying any property in any market and expecting instant cash flow. Now, you’ve got to think like an expert investor and start Seeing Greene!
David is back with another Seeing Greene episode as we touch on how investors can find deals in 2023, which markets are worth looking into, why low cash flow isn’t such a bad thing, and how to decide between buying a single-family or a multifamily rental. We’ve also got some trickier-than-usual questions this time, as a seventeen-year-old wants to know where he should invest a $100K inheritance. We’ll also get into the nitty gritty of paying off loans vs. refinancing, where to find distressed properties, and what to do when natural disasters threaten your rental business.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
Emerging real estate markets that most investors overlook
Low cash flow and whether a rental is worth buying if it only profits a few hundred dollars a month
How to spend a $100K inheritance and why real estate ISN’T the best choice
BRRRR deals and how to find distressed properties that have huge equity potential
Hard and private money loans, interest-only payments, and when to pay off your debt
Single-family homes vs. multifamily and which makes the most money with the lowest down payment
Natural disasters and whether or not it’s worth it to invest in dangerous areas
And So Much More!
Links from the Show
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Seeing Greene Episode 762
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Books Mentioned in the Show
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Set for Life by Scott Trench
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-789
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48:0309/07/2023
788: From $26K/Year Paycheck to $70K/MONTH Rent Checks w/Lamon Woods
Lamon Woods used an ingenious rental property strategy to go from one house to over one hundred rentals in a small market without using almost any cash. This strategy is so brilliant that most real estate investors assume it doesn’t exist or they can’t use it in their rental property portfolio. Lamon luckily stumbled upon this way to invest, and now, he’s growing his real estate portfolio at a pace unfathomable to most landlords.
But Lamon didn’t start as some rental property investing expert. He was making a low income, working a job he had no passion for, and looking for any avenue that could help make him more money. When his wife suggested that they buy the house they were currently renting, Lamon put up a fight but eventually went along with the plan. It wasn’t until he moved out and rented his first home that the real estate investing lightbulb went off.
From there, Lamon realized how quickly passive income could replace his paycheck. So, he made it his goal to buy one house a year. The plan was working, but then Lamon realized he could purchase homes without using his own money. In fact, Lamon could take the properties he already owned and use them to grow his rental property portfolio even faster. Now with over one hundred units to his name, Lamon wants to teach other investors (like you) how to do the same!
In This Episode We Cover:
Lamon’s “infinite return” financing method that’ll let you buy properties with NO money down
“Cross collateralization” and how to use properties you already own to build your rental property portfolio
Knowing your real estate market and why over-improving will kill your cash flow
Replacing your paycheck with passive income and going from renter to landlord
Getting around your lender's seasoning period and how to use your equity WITHOUT having to wait
And So Much More!
Links from the Show
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Work with David
Henry's BiggerPockets Profile
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How to Use Home Equity to Buy Rentals
5 Reasons to Utilize Your Equity & How to Safely Invest It
How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!)
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Connect with Lamon:
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-788
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50:4006/07/2023
787: 5 All-Time Favorite Tips For Financial Independence w/Brandon Turner
Brandon Turner achieved financial independence in his late 20s. For most people, this would be the end of working, investing, or trying to better themselves. But for Brandon, this was only the start. Now a decade later, Brandon is managing close to one billion dollars in real estate, running numerous companies, and dedicating his efforts to eradicating human trafficking while simultaneously setting millions of Americans financially free. Brandon has, in almost every way, won the game of life, and he has five crucial tips to share with us today.
Back in the Sea Shed are long-time co-hosts Brandon and David as they travel back in time and revisit the five most important lessons learned on this podcast. These lessons aren’t just crucial in achieving financial independence. When taken to heart and implemented correctly, they will allow you to level up your life, relationships, friendships, and businesses. They will also set you apart from the 99% of people who want success but refuse to go out and get it.
From lessons about spilled sewage to podcast recordings gone wrong, designing the life you want to live, and taking ownership when everything starts falling apart, this is an episode you cannot afford to miss. If you want to achieve financial freedom, start living your dream life, and live a life like Brandon, you’ll have to tune in.
In This Episode We Cover:
The five most important lessons for financial freedom and building a better life
Knowing what you want (and going after it) even when fear takes over
Pushing past resistance and why pros show up while amateurs sleep in
The “crystal clear criteria” that makes buying real estate easier than ever before
Building your “vivid vision” and designing a life that you would love to live
Thinking five steps ahead and how future-planning will make you rich
And So Much More!
Links from the Show
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BiggerPockets Forums
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Work with David
BiggerPockets Podcast 447 with Cameron Herald (Vivid Vision)
BiggerPockets Podcast 443 with Jim Kwik
BiggerPockets Podcast 365 with Jocko Willink
BiggerPockets Podcast 457 with Patrick Bet-David
BiggerPockets Podcast 217 with Perry Marshall
BiggerPockets Podcast 461 with Steven Pressfield
Books Mentioned in the Show:
The Intention Journal by Brandon Turner
Multifamily Millionaire Volume I by Brandon Turner & Brian Murray
The One Thing by Gary Keller
Connect with Brandon:
Brandon's BiggerPockets Profile
Brandon's Instagram
Brandon's Podcast
Brandon's TikTok
Brandon's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-787
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01:14:3004/07/2023
786: Brandon Turner on Crash Prophecies, Hawaii House Hacks, and Nickelback Bets
Brandon Turner is back! That’s right, live from the Sea Shed are your beloved BiggerPockets hosts, Brandon and David! Can you feel the bromance brewing through your speakers, or is it just us? David flew out to attend one of Brandon’s recent events and conduct a two-part interview with one of the most popular property investors on the planet! And boy, oh boy, has Brandon been busy!
In this episode, David puts Brandon in the hot seat, going through a fire round of top-asked questions to get Brandon’s input on not just real estate but life. You’ll hear Brandon talk about housing market crash prophecies and whether or not he thinks they’ll come true, the struggles he’s facing with today’s intense competition, an unflattering tattoo that may or may not be part of a bet gone wrong, and why humiliation is one of the BEST ways to get you in the zone to WIN.
But that’s not all; you’ll hear about how Brandon used social media to build his entire real estate business, why NOW is the time to lock down good debt (and invest!), and why you need to STOP trying to survive and start looking to thrive! Tune in as we take a nostalgic walk down metaphor lane with Brandon and David!
In This Episode We Cover:
Finding financial freedom and why the everyday struggle to survive is NOT enough
Investing in 2023 and whether or not the housing market could be headed for a crash
Using social media to raise private capital, find employees, and grow your business
Facing humiliation and transforming negative emotions into the fire that propels you forward
Why you can’t buy happiness, but you CAN buy an “environment” that makes you happy
An update on Brandon’s bet with InvestorGirlBritt over who will get an embarrassing new tattoo
And So Much More!
Links from the Show
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Listen to All Your Favorite BiggerPockets Podcasts in One Place
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David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
BiggerPokets Real Estate Podcast 92 with Brandon
BiggerPockets Real Estate Podcast 365 with Jocko Willink
BiggerPockets Real Estate Podcast 401 with Jordan Harbinger
Books Mentioned in the Show:
Brandon’s Collection
BRRRR by David Greene
Set for Life by Scott Trench
Connect with Brandon:
Brandon's BiggerPockets Profile
Brandon's Instagram
Brandon's Podcast
Brandon's TikTok
Brandon's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-786
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55:2702/07/2023
785: Making $1M+ Per YEAR After a Decade of Real Estate Fumbles w/Dean Rogers
Want to make over a million dollars a year? Real estate may be the best way to get there. Just follow the same steps Dean Rogers took. In just a decade, Dean went from making $65,000 per year to over a million dollars; but the payoff wasn’t instantaneous. After being put in a position that most people would kill to be in, Dean left behind a seven-figure salary, glitz, glamor, fame, and a childhood dream to do something that fulfilled him. He had to start over entirely while his peers made more money than most of us could imagine.
Dean took over a ninety-percent pay cut just to enter the tireless, W2 working world that he thought he would excel in. After realizing that hard work and continuous overachieving gets you nothing but a meager pay raise, he knew he had to go in another direction. He stumbled upon a real estate podcast, started investing with no money (seriously!), and grew a small side hustle into a full-on business that pays him as much as only professional athletes make.
Dean’s story goes from riches to rags to riches again as he left his dangerous yet high-paying career to live paycheck to paycheck doing something that he knew would pay off Now, he rakes in more money in one year than most Americans make in a decade, controlling his own life, putting his health and family first, and helping new investors, like you, along the way. Want to make your millions? Tune in!
In This Episode We Cover:
How Dean does over 100 real estate deals per year and profits seven figures
Walking away from a high salary when you know that the career isn’t worth the cash
Investing with no money and how to do your first deal without ANY experience
Why you should always make this ONE phone call before partnering with anyone
Losing six figures on bad deals and red flags that you should look out for
Building your “friends with benefits” that all build wealth together
And So Much More!
Links from the Show
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Work with David
Rob's BiggerPockets Profile
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Rob's Twitter
Rob's YouTube
How to Become a Millionaire Through Rental Properties
How to Get Your First Deal—An Episode For New Investors
Why NFL Players Are Buying Real Estate During the Recession
Connect with Dean:
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Dean's Instagram
Dean's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-785
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58:4129/06/2023
784: How I Went from 200+ Tenant Phone Calls to 1 Per Year Using This “System” w/Pasha Maleknia
You’ve built a sizable rental property portfolio; now, it’s time to relax. You book a trip to the beach, get on your swimsuit, and are about to head out the door, but then, your tenant calls you. “The toilet is leaking,” “I lost my keys,” “The oven just went out.” Instead of enjoying your vacation, you’re spending hours looking up plumbers, locksmiths, and electricians. You’re juggling phone calls while trying to enjoy your time off. Wasn’t real estate investing supposed to be passive?
This is the scenario that most landlords are living in. And it only gets worse the more homes you buy and the more money you make. But, there is a way never to pick up another tenant phone call again while giving your renters the best experience imaginable. All you have to do is build a system like Pasha Maleknia did. Pasha went from 218 tenant phone calls a year to only one by creating and tweaking this passive income system. In today’s episode, he’ll provide the exact steps so you can do it too.
Pasha’s system isn’t complex, and most of it can be built for free. There’s no expensive software or complicated formulas to create this rental portfolio system. If you have some time to set aside from your day, you can build something like this in a matter of hours. So, are you ready to trade tenant phone calls for more trips to the beach? If so, stick around!
Grab Pasha’s system spreadsheet template here.
In This Episode We Cover:
The five-step system to turn a nightmare rental portfolio into truly passive income
Why you DON’T need to spend a lot of money or time building a rental systems
Finding your “why” behind real estate investing and financial freedom
How Henry Washington saved over twenty hours immediately by implementing one super simple system
The two things you need to build any system quickly and cheaply
And So Much More!
Links from the Show
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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
Grab Pasha’s System Spreadsheet
Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:
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Henry's Website
Hear Our Full Interview with Pasha
4 Ways Systems Make Landlording Easier, Simpler & More Profitable
Connect with Pasha:
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Pasha's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-784
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50:4027/06/2023
783.3: Home Buying Hacks: Down Payments, Financing, and Home Insurance w/Chris Hutchins
Part 3:
Struggling to buy in this expensive housing market? In part three of our home buying hacks series with Chris Hutchins (from All the Hacks), you’ll learn why down payments AREN’T as big as you think, why working with a mortgage broker may be the best move to make, what lenders want to see before they pre-approve you, and home insurance tips to make sure you’re protected during a disaster.
In This Episode We Cover:
Debt-to-income requirements and what lenders want to see when you apply for a loan
Using a mortgage broker vs. a direct lender (and which will get you a better rate)
Home insurance 101 and how to protect your property for less money
The math behind buying a house (and why it beats renting in the long run)
And So Much More!
Links from the Show
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BiggerPockets Forums
BiggerPockets Pro Membership
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Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
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David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Past BiggerPockets Podcast Episodes Mentioned:
How to Start with $10K
House Hacking
Tax Benefits
Hear Chris on The "BiggerPockets Money" Podcast
“All the Hacks” Episodes Mentioned:
Insurance
Net Fulfillment Over Net Worth
Tune Into the “All the Hacks” Podcast
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Connect with Chris
Chris email
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-783-3
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33:2927/06/2023
783.2: Home Buying Hacks: Inspections, Disclosures, and What to Look For w/Chris Hutchins
Part 2:
Knowledge is power, and this is even more true when buying a primary residence or investment property. In part two of our home buying hacks series, we’re back with Chris Hutchins from All the Hacks, as we touch on how to negotiate with a seller, what to look for in a listing, signs that you could score a killer deal, inspections, and the myriad of ways you can get out of a contract IF a home isn’t what you thought. Before you dive headfirst into real estate, tune in for some ESSENTIAL due diligence tips.
In This Episode We Cover:
Negotiation tactics elite realtors use and why you must know what a “win” is
Getting ahead in a hot housing market and signs of a desperate seller/agent
Home inspections and using yours to get seller credits or to walk away from a bad deal
Quick wins you can use at closing for a few hundred (or thousand) dollars in savings
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Past BiggerPockets Podcast Episodes Mentioned:
How to Start with $10K
House Hacking
Tax Benefits
Hear Chris on The "BiggerPockets Money" Podcast
“All the Hacks” Episodes Mentioned:
Insurance
Net Fulfillment Over Net Worth
Tune Into the “All the Hacks” Podcast
Connect with Chris
Chris email
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-783-2
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30:4426/06/2023
783.1: Home Buying Hacks: Finding The Perfect House (and Agent!) w/Chris Hutchins
Part 1:
Buying your first home is a BIG decision. But you don’t need to go into it blind. In part one of this home buying hacks series, we chat with Chris Hutchins from All the Hacks on why buying a house helps you build wealth, how to find a real estate agent that’ll work for you (for free!), and what you MUST look for when searching for your first (or next) home. If you’re a rookie real estate investor or first-time home buyer, this is the place to start!
In This Episode We Cover:
How buying real estate will make you wealthy (EVEN if you’re purchasing a primary residence)
The HUGE hidden benefits of buying property that most home buyers completely overlook
Signs of a great real estate agent and the one thing they MUST have
Home buying hacks for the first-time home buyer so you score a better deal
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Past BiggerPockets Podcast Episodes Mentioned:
How to Start with $10K
House Hacking
Tax Benefits
Hear Chris on The "BiggerPockets Money" Podcast
“All the Hacks” Episodes Mentioned:
Insurance
Net Fulfillment Over Net Worth
Tune Into the “All the Hacks” Podcast
Connect with Chris
Chris email
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-783-1
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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27:4925/06/2023
782: Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez
The real estate market is crumbling…or is it? According to experienced investors like Jessie Rodriguez, now is one of the best times in recent memory to start building wealth. As a multi-decade house-flipping veteran, Jessie understands how the housing market works. He lost his business, his home, and the majority of his wealth in 2007 but has made it out not only surviving but thriving with a house-flipping business that prints cash. And he knows something that you probably don’t.
The past few years have been a bloodbath for flippers. With home prices correcting and buyers fleeing the market, many flippers from years back aren’t around today. But, the tide has started to turn, and buyers are getting back into bidding wars, willing to spend good money on homes that fit their remote-first lifestyle. Jessie and his team are HEAVILY capitalizing on this, and more good news may be on the way.
In this episode, Jessie talks about rebuilding his business after losing it all in 2007, why now may be one of the BEST times to start house flipping, key indicators of a market shift that most investors miss, the biggest myth in today’s real estate space, and how Jessie’s team is redeveloping a historic building and turning it into a passive income stream that offers millions in profits. The best part? You can copy Jessie’s strategy to build your own wealth in 2023, so don’t skip this!
In This Episode We Cover:
Rebuilding your wealth after losing EVERYTHING in a financial crash
The biggest myth of 2023 real estate and why most investors are wasting time
Signs of a housing market shift and the metrics that predict where we’re headed
Finding a mentor and how the right one can put you decades beyond the competition
Redeveloping historic real estate and the unusual deals that are making Jessie a fortune
Building a seven-figure passive income stream, EVEN if you’re new to rentals
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Watch James on the “On The Market” YouTube Channel
Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:
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Apple Podcasts
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James' BiggerPockets
James' Instagram
James' Website
Books Mentioned in the Show
SOLD by David Greene
SKILL by David Greene
SCALE by David Greene
Connect with Jesse
Jesse's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-782
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01:04:2122/06/2023
781.5: What to Buy During the Newest Real Estate Crash w/Willy Walker
Commercial real estate has been teetering on the edge of crash territory for months now. With banks tightening their funding, forcing investors to refinance at higher rates and occupancy down across multiple sectors, commercial could be crashing very soon. But we aren’t here to prompt fear for real estate investing; instead, we’re presenting some opportunities to build wealth, even when most investors think the sky is falling.
To help give us a read on the whole commercial real estate situation is Willy Walker, CEO of Walker & Dunlop, one of the largest commercial real estate finance companies in the nation. Willy knows precisely what’s happening in the industry because he is the industry. As the third largest apartment lender in the US, valued at over $2 billion, Willy’s ability to forecast the commercial real estate market has helped Walker & Dunlop grow to new heights. And he has some news to share.
Willy touches on the “pain to come” for commercial real estate, why residential has stayed safe, big investors’ refinancing dilemma, and why banks are pulling out of lending for large assets. With commercial investors needing cash to fund their deals but failing to find it, everyday investors (just like you) could help fill the void and walk away with a sizable profit. If you want to fuel your wealth, not your fear, stick around!
In This Episode We Cover:
The impending commercial real estate crash and who’s in danger
Balloon loans, risky refinances, and why high mortgage rates have put investors in a tough spot
Residential vs. commercial real estate and why one can fall while the other holds strong
Private lending and how you can take advantage of banks pulling back from larger investments
Asset classes that could have the biggest opportunity if a crash hits
US debt and how increasing the debt ceiling will lead to unmanageable consequences
And So Much More!
Links from the Show
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Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
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Connect with Willy:
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-781-5
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42:3821/06/2023
781: The Beginner’s Guide to Finding Undervalued, Off-Market Deals in ANY Market
Don’t know where to find undervalued rental properties? Thankfully, we’ve got some experts who do. Finding a below-market-value property is much easier than most people think. So, why is it SO difficult for new real estate investors to find deals instead of duds? If you’re scrolling through popular real estate listing sites, hoping you’ll stumble upon the deal of a lifetime, you may be wasting your time. Today, we present four time-tested, easily-implemented ways to find undervalued, off-market real estate so you can build wealth faster.
Rob Abasolo (Robuilt) takes the helm on this episode as he welcomes Henry Washington and James Dainard from the On the Market podcast and Sam Primm, expert investor from the St. Louis area. Henry, James, and Sam have collectively bought thousands of off-market properties. Whether they’re buying them to fix and flip, hold as rentals, or wholesale to other investors, the combined knowledge between these three investors is almost incalculable. They’ve done more deals than hundreds of other investors and know what works and, more importantly, what doesn’t.
In this episode, you’ll learn EVERYTHING you need to know about finding off-market real estate deals, tactics that are best for beginners vs. experienced investors, which strategies cost the most money and which you can try for FREE, and how you can find your first off-market deal TODAY. These three investors PROVE that buying deals with huge equity upside and instant profit is NOT impossible in 2023; you just need to know where to look!
In This Episode We Cover:
The medium-term rental strategy explained and how to use it to make 400% more cash flow
Short-term rental regulations and why many hosts may need to switch to medium-term stays
Best real estate markets for medium-term rentals and signs of low vacancy
Unique amenities that will get you CONSTANT business (bikes, cars, grocery delivery, and more!)
Rental contracts and how to use hospitals, insurance companies, construction crews, and more to fill up your rental
Whether or not allowing pets in your rental is EVER the right move to make
And So Much More!
Links from the Show
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Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Henry's BiggerPockets Profile
Henry's Instagram
James' BiggerPockets Profile
James' Instagram
James' Website
Hear Henry and James on the “On the Market” Podcast: Spotify, Apple Podcasts, BiggerPockets
Stop Looking for Perfect Properties, Search for These Instead
Connect with Sam:
Sam's BiggerPockets Profile
Sam's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-781
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55:3720/06/2023
780: The Step-by-Step Guide to Building a Medium-Term Rental Empire w/Jesse Vasquez
Your real estate cash flow is suffering. Rent growth is slowing, mortgage rates are rising, and property prices are staying put. So where can you find more room to profit with your rental property? The answer is medium-term rentals! Until a couple of years ago, medium-term rentals, also called corporate rentals or traveling nurse rentals, were the sleepy investing strategy that only experienced investors like Jesse Vasquez knew about. But now, they’ve become (arguably) the best rental property on the planet.
With medium-term rentals, you can often make four (or more) times the rent than a regular rental. You’ll also have minimal turnover, more professional tenants, and be able to book out your place at a high monthly rate for four, five, or six months at a time. They’re easier to manage than short-term rentals but have substantially more cash flow than long-term rentals. So, how do you get in on this high-cash flow craze?
We brought Jesse back to the show for a step-by-step tutorial on starting, running, and profiting with a medium-term rental. He gives in-depth answers on how much it costs to start, the best locations to buy (or rent), how to get the biggest rental contracts from top corporations, amenities guests will expect, and what to charge. If you want to take your rental property from break-even to making bank, this is the strategy for you!
In This Episode We Cover:
The medium-term rental strategy explained and how to use it to make 400% more cash flow
Short-term rental regulations and why many hosts may need to switch to medium-term stays
Best real estate markets for medium-term rentals and signs of low vacancy
Unique amenities that will get you CONSTANT business (bikes, cars, grocery delivery, and more!)
Rental contracts and how to use hospitals, insurance companies, construction crews, and more to fill up your rental
Whether or not allowing pets in your rental is EVER the right move to make
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
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David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
David’s First Episode
Jesse’s Recent Episode
Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties
Book Mentioned in the Show:
30-Day Stay by Zeona McIntyre & Sarah Weaver
Connect with Jesse:
Jesse's BiggerPockets
Jesse's Instagram
Jesse's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-780
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01:06:0318/06/2023
779: How Delivering Pizzas Helped Me Build a 27-Unit Rental Portfolio w/Pamela Bardhi
The key to financial freedom? Work as a pizza delivery driver! Not only will you learn how to handle high-pressure situations, but you might also find your next property on a regular pizza run! At least that’s what Pamela Bardhi did to build her twenty-seven-unit rental property portfolio and reach financial independence in her late twenties! Pamela’s family moved to the United States when she was just five years old, thrusting her into the restaurant business before she realized that real estate was her true passion.
Pamela did everything right. She studied hard, got scholarships, worked at internships, and built her own business, but she was still miserable. Working every day of the week, often twelve hours at a time, was eating away at her. She wanted some side income to help her dial back the time spent building her business, but when her first deal turned into a $100,000 profit, the property game was too enticing to resist. Since then, she’s scaled to massive heights and wants you to do the same.
With twenty-seven rental units, over one hundred deals done, and a financially free lifestyle by thirty-one, Pamela knows what it takes to build a property portfolio FAST. But she also knows what can make it crumble. Pamela shares her three BIGGEST lessons learned from doing over one hundred deals and how she turned delivering pizzas into a passive income stream that will create generational wealth for her whole family.
In This Episode We Cover:
How to reach financial independence with rentals in under ten years
The three biggest lessons every real estate investor must learn to NOT get burnt on a deal
Passive vs. active income and why the investor life isn’t for everyone
Becoming your own boss and quitting corporate to do what truly fuels you
How the right mentor can immensely speed up your road to early retirement
Real estate partnership red flags that’ll lead to you losing money or pulling your hair out
And So Much More!
Links from the Show
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BiggerPockets Forums
BiggerPockets Pro Membership
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BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!)
The 30-Something’s Guide to Financial Freedom
Flipping Houses: How to Get Started and Everything You Should Know
Connect with Pamela:
Pamela's BiggerPockets Profile
Pamela's Instagram
Pamela's LinkedIn
Pamela's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-779
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54:0215/06/2023
778: How to Build a Million Dollar Rental Portfolio with Little Time OR Money w/Niti Jamdar & Palak Shah
If you want to build a rental portfolio, you need to know how to scale the right way. Buying a property every year or two is good, but it won’t give you the financial freedom you desire. However, if you know how to double, triple, or quadruple the amount of real estate you’re acquiring without adding tons of tasks (or stress) to your plate, you could be financially independent faster than you’ve ever thought. This is precisely what Niti Jamdar & Palak Shah did, building a ten-million-dollar real estate portfolio in less than a decade.
As two burnt-out corporate workers, Niti and Palak were tired of putting their jobs before their future family. So after having children, they realized it was time to start building something that would help them regain their freedom instead of shackling them to golden handcuffs. With a busy schedule and little time, Niti and Palak were forced to automate, delegate, and systematize their real estate business. And now, you can copy their exact steps.
In their newest book, Accelerate Your Real Estate: Build a Hands-Off Rental Portfolio with the SCALE Strategy, Niti and Palak uncover the five-step system to unlock eight-figure wealth. They used this same strategy to build their portfolio with little free time or money to throw at projects. In this episode, they’ll review these five BRRRR-inspired steps, explain why today’s market isn’t what most people think it is, and debunk the myths that’ll stop you from investing.
In This Episode We Cover:
The five-step “SCALE” system Niti and Palak used to build an eight-figure portfolio
Quitting corporate to find financial freedom, start a family, and build wealth
BRRRRing in 2023 and why the Buy, Rehab, Rent, Refinance, Repeat strategy isn’t dead
Investing with high mortgage rates and why inexperienced investors are wrong about them
Outsourcing, delegating, and how to run a HUGE portfolio without any employees
Real estate myths that stop you from building wealth (and how to get around them)
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Pick Up Some of David Greene’s Best Selling Books
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear Our Past Interview with Palak
Book Mentioned in the Show:
Accelerate your Real Estate by Palak Shah & Niti Jamdar
The Psychology of Money by Morgan Housel
Connect with Palak & Niti:
Niti's BiggerPockets
Palak's BiggerPockets
Real Estate Wealth Blueprint on Instagram
Palak & Niti's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-778
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58:5113/06/2023
777: Seeing Greene: Investing Later in Life? You’re Still in Luck!
Think it’s too late to retire with real estate? Maybe you’re in your forties, fifties, or sixties and have decided that now is the time to put passive income first. With retirement coming up in a couple of decades (or even years), what can you do to build the nest egg that’ll allow you to enjoy your time away from work? Is it even possible to retire with rentals if you didn’t start in your twenties or thirties? For those tired of the traditional route to retirement, stick around!
You’ve hit the jackpot on this Seeing Greene show; it’s episode number 777! But, unlike a casino, everything here is free, and we’re NOT asking you to gamble away your life savings. Instead, David will touch on some of the most crucial questions about real estate investing. From building your retirement with rentals to investing in “cheap” out-of-state markets, buying mobile homes as vacation rentals, and why you CAN’T control cash flow, but you can control something MUCH more important.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
Turning a $100K high school into a $42K/month apartment complex
What to do when your first flip or real estate deal becomes a huge flop
The smartest way to shoot up your property’s value and boost your neighborhood’s desirability
Unbelievable real estate conversion projects and why creative investing often has the most cash flow
Raising private capital when doing large deals and why you NEED partners with skills you don’t possess
Signs that your real estate agent might be the love of your life
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Try the BiggerPockets Rental Estimator on Your Next Deal
BiggerPockets Real Estate Podcast 759
BiggerPockets Real Estate Podcast 771
Book Mentioned in the Show:
Long-Distance Real Estate Investing by David Greene
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-777
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48:0511/06/2023
776: $42K/Month in Cash Flow By Buying a…High School? w/Jesse Wig
You’ve heard cash flow stories before, but NOTHING like this. We’ve talked to hundreds of investors that have flipped houses, bought apartment complexes, storage facilities, and more. But a high school? A high school rental property? Surely this has to be a first. If you want to know the pioneer behind this absolutely insane passive income project, look no further than Jesse Wig, who turned a dilapidated high school into a thirty-one-unit apartment building.
But before Jesse went on a literal wild ride through this high school, he faced defeats that would stop most investors in their tracks. After making just ten dollars per hour working under a flipper, Jesse tried to do his first deal himself, but things didn’t go to plan. He walked away from his first real estate deal in debt with a massive loss but decided to try again. Jesse learned quickly from his mistakes and started buying rentals in an up-and-coming area right outside of Pittsburgh, Pennsylvania.
Through a brilliant investing tactic that we’ve never heard of before, Jesse was able to catapult and control his rental properties’ values, skyrocketing his personal wealth while bringing up an entire neighborhood with him. Soon after that, he found his off-market high school and, through some savvy partnerships and serious work, turned it into a cash cow unlike anything we’ve ever seen on the show. Jesse is about to school us on the right way to do real estate!
In This Episode We Cover
Turning a $100K high school into a $42K/month apartment complex
What to do when your first flip or real estate deal becomes a huge flop
The smartest way to shoot up your property’s value and boost your neighborhood’s desirability
Unbelievable real estate conversion projects and why creative investing often has the most cash flow
Raising private capital when doing large deals and why you NEED partners with skills you don’t possess
Signs that your real estate agent might be the love of your life
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-776
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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51:2308/06/2023
775: BiggerNews: Rent Unaffordability Crosses Dangerous New Threshold w/Lu Chen and Thomas LaSalvia
Rent prices have steadily risen for as long as we can remember. But, few of us would have ever expected the unimaginable rent hikes of 2020-2022. With major metros seeing double-digit year-over-year rent percentage bumps, residents were forced to throw a larger chunk of their income toward housing. Now, with higher rent prices than ever before, America has become “rent-burdened,” and a dangerous threshold has been crossed.
What’s causing this rise in rents? Are investors to blame? And what’s a solution that could benefit builders, buyers, and renters? We’ve got Lu Chen and Thomas LaSalvia from Moody’s Commercial Real Estate division to give us their findings. Lu and Thomas’s team have been tracking rent prices carefully, logging which cities have seen the most significant price increases, which are becoming increasingly unaffordable, and what can be done about the problem. With a lack of housing supply and inflation eating away Americans’ income, what can everyday investors like us do?
Thankfully, there is a solution to this problem that could help curb unaffordability while presenting a profit for investors. Lu and Thomas go over exactly what would have to happen to return to a normalized, affordable housing market and what’s hurting our efforts to get there. Plus, with rents becoming unaffordable for many young Americans, our Dave duo asks, “Is real estate still safe to invest in?” All that and more in this edition of BiggerNews!
In This Episode We Cover
America’s “rent-burdened” status and why prices have crossed a critical threshold
Real estate markets that have seen the largest increase in rent over the past three years
Luxury housing and how its development is hurting the effort to increase affordable housing
Whether or not investors are to blame for rents skyrocketing
“Inclusionary housing” and how investors can fill the affordable housing need while making a profit
Whether or not real estate is still safe if renters get priced out of the market
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-775
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55:5606/06/2023
774: Seeing Greene: Bleeding Rentals, Bad Flips, and The Safe Haven For Your Cash
Buy real estate or face your dollar’s demise. While this may sound like doomsday prophesying or over-bullish investor attitudes towards properties, the fact is that most investors today won’t make it. With inflation raging ahead, home prices double-digit percentages higher than they were a few years ago, and food and energy costs spiking, your cash isn’t safe. The value of your money is burning, and your bank account won’t be able to extinguish the flames. But there is still hope to build wealth.
Welcome back to a macroeconomic Seeing Greene episode where David tells you what he really thinks about today’s inflationary economy. If you want to grow your wealth while prices pop off, this is the episode to tune into. But it’s not just CPI rate rants this time; David will also advise on what to do when down payment requirements more than double at the last second, why Midwest “cash flow” markets aren’t what they seem, building vs. buying an ADU (accessory dwelling unit), and when to sell a rental or flip that is bleeding money every month.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
What to invest in when inflation is eating away at your hard-earned money
Down payment requirements and what to do when you can’t close with low money down
Cash flow vs. appreciation and using “portfolio architecture” to build the BEST portfolio possible
Buying vs. building an ADU (accessory dwelling unit) and which will make you wealthier as a result
How to make money on a house flip gone wrong (even if it’s in a rough neighborhood)
Negative equity and whether or not to sell a rental that is losing value
What to do with $30K in today’s expensive investing environment
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Read Up-to-Date Real Estate Articles and News Stories
BiggerPockets Podcast 759
You Won’t Believe It. Inflation Finally Peaked—Here’s The Proof
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-774
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56:5804/06/2023
773: Replacing His Income with $70K/Year Cash Flow After a Close Call with Death w/Pasha Maleknia
Financial freedom isn’t important until your life flashes before your eyes. When everything could end, thoughts of your partner, children, and family come to mind, and most notably, what you left behind for them. Pasha Maleknia was thrown into a warzone and came within minutes of meeting his end. As he sat, not knowing whether or not he would ever see his wife again, he made a promise to build financial freedom for his family so that if anything happened to him, they would be protected.
Pasha kept his promise and is here to share exactly how he got it done. Through chaos, Pasha was given a second chance at building the life he dreamed of, starting a real estate investment portfolio that has grown to a double-digit unit count with close to six figures in expected cash flow. None of what he did was easy, but using his background in coding, systems, and optimizing everything for efficiency, Pasha is building a hands-off real estate empire that will set his whole family financially free.
If you’ve struggled to progress with rental properties, do NOT miss out on Pasha’s story. He explains exactly how his “why” forced him to reach financial freedom in only a few years and what he’s doing now to ensure his wealth never stops growing. Don’t wait for it to be too late. Put your life in your hands, and take Pasha’s words to heart.
In This Episode We Cover:
The near-death experience that forced Pasha to find financial freedom for his family
Building your “income-producing box” that will take care of your family for decades
DIY rehabs and why you DON’T need to know everything before you start investing
Pasha’s killer first rental property and the “surprise” basement that came with it
Using the BRRRR method to quickly multiply your portfolio without much cash needed
How to automate your ENTIRE rental property portfolio so you do nothing
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Henry's BiggerPockets Profile
Henry's Instagram
Hear the Latest Episode on Analyzing Real Estate Deals
Understand The BRRRR Method in Real Estate – A Beginner’s Guide
Books Mentioned in the Show:
BRRRR by David Greene
The Book on Advanced Tax Strategies by Amanda Han & Matt MacFarland
The Book on Estimating Rehab Costs by J Scott
Long-Distance Real Estate Investing by David Greene
Raising Private Capital by Matt Faircloth
Rich Dad Poor Dad by Robert Kiyosaki
Connect with Pasha:
Pasha's BiggerPockets
Pasha's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-773
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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59:0201/06/2023
772: Stop Looking for Perfect Properties, Search for These Instead
Real estate investing has changed a LOT over the past few years. For most people getting into rental property investing in the mid-2010s, profitable properties were plentiful, cash flow was almost automatic, and equity was flowing in the tens (if not hundreds) of thousands every year. Unfortunately, this real estate market is long gone. Now, there’s blood in the streets as new investors try to salvage sickly-looking deals that don’t cash flow and come with pathetic-looking profits. And maybe, just maybe, that’s why now is the best time to buy.
Make no mistake, real estate investing isn’t easy, and just buying any house WON’T make you rich. But, the 2023 housing market has far more opportunity than most people think, and David Greene, Henry Washington, and Rob Abasolo are here to explain how. These three investors have been gobbling up rental properties as quickly as possible. And even with lower margins, slim cash flow, and limited equity, there is some method to their madness.
If NOTHING you’re looking at is cash flowing and almost every home seems overpriced (especially with today’s mortgage rates), this is THE episode to tune into. In it, David, Henry, and Rob will detail how you can “create” a profitable property while the masses sit on the sidelines, as well as go over real, authentic deals they’re doing today to show you it isn’t impossible to invest in 2023.
In This Episode We Cover:
How to analyze a real estate deal and what to do if none of the properties show a profit
The 2023 housing market and how things have changed over the past few years
Investor expectations and why the times of “get rich quick” are long gone
How to build, buy, or force equity into your rentals so you get rich in the background
Simple steps the average investor can do to make their real estate deals work
Renting vs. flipping and which exit to take in a volatile housing market
And So Much More!
Links from the Show
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Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Introduction to Real Estate Investment Analysis
How To Analyze A Short-Term Rental In 2023
2023 Housing Market Outlook
The Housing Market “Signals” That Predict Where We’re Headed in 2023
Connect with Henry:
Henry's BiggerPockets Profile
Henry's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-772
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01:09:5130/05/2023
771: Seeing Greene: Getting Into Your First Property is Cheaper Than You Think w/Kristina Smallhorn
You’ve been lied to about affordable housing. Most people will either tell you it’s impossible to buy an affordable home or that those buying affordable homes are outright stupid. The term “affordable” has been correlated with inexperienced buyers getting cheap deals on homes, often ending up in trailer parks or something of the sort. But things have changed. Mortgage rates are at decade highs, home prices tower over what everyday workers can afford, and a new age of affordability is upon us—we’re here to unlock it for you.
A new forest of David Greenery has sprouted as we welcome Kristina Smallhorn and Rob Abasolo onto this episode of Seeing Greene. Kristina, Louisiana-based realtor, has been fighting for affordability, helping get her clients into creative homes that don’t break the bank. She’s here to dispel all the myths about affordable housing, manufactured homes, modular homes, land investing, and more. We’ll touch on build-to-rent homes and who should NOT be investing in them, green flags to look out for when buying land, and the danger behind new forty-year mortgages.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
Affordability in 2023 and how homebuyers can still purchase even with high home prices
Modular homes and how these cheaper builds are quickly becoming the high-quality norm
Build-to-rent properties and whether or not appreciation is worth the lack of cash flow
Red (and green) flags to watch out for when buying land, plus how to know a plot can even be built on
The forty-year mortgage explained and why it may be a BAD idea for desperate borrowers
Misconceptions about affordable housing and why “mobile homes” aren’t what you think
And So Much More!
Links from the Show
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BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Here are 92 of the Most Affordable Housing Markets in the World
Modular Homes Make a Comeback
The Harsh Reality About Pre-fab Homes and Why I Won't Ever Buy Them
Book Mentioned in the Show:
10 Things You Need To Know About Land by Cheryl Sain
Housing For Purpose by Whitney Chaffin
Connect with Kristina:
Kristina's YouTube
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-771
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55:5328/05/2023
770: Retirement Accounts Collecting Dust? Use Them to Buy Real Estate! w/Kaaren Hall
Did you know you can invest in real estate using funds you’ve probably forgotten about? For years, you’ve been socking away money into your IRA or 401(k) to ensure an abundant retirement. The problem? You’ve only been able to invest those funds into passive investments like stocks, bonds, and mutual funds. What about the investors who want a more active income stream with bigger tax benefits, more equity upside, and plenty of cash flow? Can you use your retirement accounts to build wealth with real estate?
If you ask Kaaren Hall, her answer is a resounding yes. Kaaren saw quickly how the real money was being made in real estate, so she began investing herself, later realizing that she could use her retirement funds to build a real estate portfolio faster. She founded uDirect IRA Services to help other investors build wealth a better way, opening up more options for passive income, so your retirement accounts can grow into the millions.
If you want to scale your real estate portfolio but don’t have the cash on hand, this could be your PERFECT option. Kaaren goes over exactly how to use your retirement accounts to invest in real estate, what you can (and definitely can’t) do when investing this way, and how you can start raising capital for your own deal using other people’s retirement funds. This is a $40 trillion untapped opportunity, so don’t miss out!
In This Episode We Cover:
Tax-free real estate profits and using self-directed IRAs to build your retirement accounts
How Kaaren used retirement funds to buy her newest investment property
The self-directed IRA explained and why SO many savvy investors use one
The “layers” of retirement that’ll help you build massive wealth for later in life
Mistakes you can make when using self-directed funds to invest (and how to avoid them)
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Henry's BiggerPockets Profile
Henry's Instagram
The Self-Directed IRA: What You Should Know About This Wealth-Building Tool
How to Invest in Real Estate With a Self-Directed IRA
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Book Mentioned in the Show:
BRRRR by David Greene
Connect with Kaaren:
Work with Kaaren
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-770
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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50:2425/05/2023
769: The Beginner’s Guide to “Infinite Investing” with the BRRRR Method
The BRRRR method allows you to buy rental properties faster, smarter, and with far less cash than ever before. It’s one of the most popular real estate investing strategies around, allowing almost anyone to take a small amount of money and turn it into an extensive rental property portfolio. And while this may seem complicated to imagine for the everyday worker or small landlord, BRRRR can change your life and supercharge your wealth, but only if you know how it works.
Of course, we have Sir BRRRR himself on the show, David Greene, to describe exactly how the BRRRR method works, what’s changed in 2023, and the signs you have a great BRRRR deal on your hands. Not only that, David will show you where to find the best BRRRR deals, how to analyze your properties BEFORE you buy, and the rules of thumb you should follow to ensure you’re getting the best BRRRR property possible. He’ll also sprinkle in some expert tips that allow you to maximize the value of your property while paying the least out of pocket!
Start building wealth with BRRRR today! Get unlimited access to exclusive tools, leases, and more when you sign up for BiggerPockets Pro and use code “BRRRR20” for a special discount.
In This Episode We Cover:
How to use the BRRRR strategy to build a rental property portfolio faster
Why SO many investors leverage the BRRRR method when they start investing
Where to find BRRRR deals and the three types of “distress” to watch out for
Signs of a good BRRRR and real estate rules of thumb you should follow
Using the BiggerPockets BRRRR calculator to analyze your next property
The ONE tool great investors use to scale their portfolios even faster
Cost-saving tips that’ll keep your rehab budget down while boosting the ARV (after repair value) of your BRRRR
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Try the BiggerPockets BRRRR Calculator on Your Next BRRRR Deal
Sign Up for a BiggerPockets Bootcamp
Connect with Other Investors, Hard Money Lenders, or Attend a Meetup:
Forums
Lenders
Meetups
Why the BRRRR Method WON’T Be the Same in 2023
Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"
Books Mentioned in the Show:
BRRRR by David Greene
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-769
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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50:3323/05/2023
768: Seeing Greene: Do This BEFORE You Leave Your 9-5 Behind
Want to go full-time into real estate investing? In only a few short years, you’ll be able to make millions of dollars, own a mansion on the beach, and ride your gold-plated jet ski into the sunset without ever having to work again…Of course, none of that is true. But, it’s precisely what the online “gurus” have been peddling for years, seductively luring in burnt-out workers by promising unimaginable income without much upfront work. If you REALLY want to build wealth and amass a portfolio of passive-income-producing properties, this is the show for you.
We’re back with another Seeing Greene, where David goes hard on the havoc real estate gurus have unleashed. He’s here to tell you the truth about getting rich with real estate and why quitting your job to follow your dreams isn’t always the best choice. But, if you follow David’s advice, you can grow a skillset and investment portfolio that’ll lead you to the promised land of plentiful passive income. In this show, we’ll touch on topics like how to supplement your income to buy more properties, turning your side hustle into a full-time gig, when to quit corporate to pursue your real estate dreams, and how agents can instantly get better at their jobs.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
The truth about going full-time into real estate and why you might want to hold on to your job
How to build up enough capital to start investing even on a median salary
Turning your side hustle into a fully-fledged business and how to know you’re ready to make the leap
Real estate roles to look for when transitioning out of your job and into real estate full-time
What the gurus aren’t telling you about having a career in real estate
Three things that ANY real estate agent or realtor can do to level up their success
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Use the BiggerPockets Calculators to Analyze Properties
BiggerPockets Real Estate Podcast 741
BiggerPockets Real Estate Podcast 753 (Tax Ep)
Books Mentioned in the Show:
SOLD by David Greene
SKILL by David Greene
SCALE by David Greene
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-768
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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44:3321/05/2023
767: Multifamily Market Update + What a 20 Year Veteran Knows That You Don’t w/Angie Smith
The multifamily market is about to buckle. With sellers still riding the highs of 2022, buyers are at a crossroads; keep pursuing deals or wait for the market to go south. And, with mortgage rates rising and short-term financing coming due, many multifamily owners could be forced to sell their properties to the highest bidder. While some of this may sound like speculation, we’ve got a multifamily forecast straight from an expert in the industry, Angie Smith, from Strategic Management Partners.
Angie and her company manage 25,000 rental units at a time. Yes, you read that right! For the past decade, Angie has been the go-to manager for top apartment complexes across Georgia, dealing with everything from noisy tenants to in-unit farms and goat grilling operations (seriously). She knows the ins and outs of property management, what makes a good property manager, and why self-managing isn’t always the wisest move.
In this episode, Angie gives her take on the 2023 housing market and when she thinks multifamily will start to get shaky, why most investors are wrong about property management, how to choose a property manager, and the questions you should ask ANY management company before you hire them. If you want TRULY passive income through real estate, you DON’T want to manage your rentals alone.
In This Episode We Cover
2023 multifamily market updates and when prices could start to fall
Lessons learned from managing 25,000 rental units, plus an INSANE story about an in-unit butchery
Third-party property management vs. self-management (and who can handle it)
Three questions to ask ANY property manager before you hire them
“Receivership” and what happens to owners who can’t pay their bills
What you should NOT ask a property manager to do on your behalf
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-767
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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56:1518/05/2023
766: Explosive Growth Could Be in Store for These Two Real Estate Markets w/Kim Meredith-Hampton and Victor Steffen
Two real estate markets still look like they’ve got room to grow in 2023, even as home prices face downward pressure for high mortgage rates and days on market begin to creep up. Markets like these two exploded in 2020-2022 and are still seeing strong demographic signs that more growth could be on the way. But, as two markets that have witnessed some of the most dramatic price appreciation in history, is now a worthwhile time to invest?
In this episode, we’re doing a market deep dive into two hot housing markets, Tampa, Florida, and Dallas, Texas. These two metro areas saw population booms like never before, shooting their home prices high and keeping competition hot, even as rates rise. But are these two markets starting to see a slowdown in 2023, or are there surefire signs that another wave of buyer activity is about to take place? With so many Americans moving to Texas and Florida, could this be the appreciation play of a lifetime?
We’re joined by Kim Meredith-Hampton and Victor Steffen, realtors in the Tampa and Dallas areas, respectively, to talk with David Greene and Dave Meyer about the potential of these two property markets. They’ll touch on how to find cash flow even with high home prices, the strategies they’re using today to lock in wealth-building buys for their clients, and why the days of bidding wars and buyer ferocity may be far from over.
In This Episode We Cover:
Updates on the Tampa and Dallas markets and whether or not there are still opportunities to buy
Florida cash flow and whether or not the sunshine state has been tapped out of passive income
The Texas “BEAF” strategy wealthy investors are using to buy better properties
Short-term rental risk and regulations and what to do if your BnB gets banned
Out-of-state investing and which investors should put money into these property markets
Mortgage rate impacts and what high home costs have done to buyer competition
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Dave's BiggerPockets Profile
Dave's Instagram
Catch Up on The BiggerPockets Blog Articles
Check Out Dave’s Dallas and Tampa Articles:
Dallas
Tampa
Books Mentioned in the Show:
Real Estate by Numbers by Dave Meyer
Connect with Kim and Victor:
Kim's BiggerPockets Profile
Kim's Email
Victor's BiggerPockets Profile
Victor's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-766
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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53:2416/05/2023
765: Seeing Greene: Out-of-State Mistakes, “Low Risk” Real Estate, & False Cash Flow
Real estate investing was never meant to be easy, but there are a few ways you can get started without putting a ton of your money or time at risk. Most real estate investors go gung-ho from the start, buying as many cheap rental properties as possible, only later to realize their mistake. But here’s the thing; you don’t need to invest in sketchy markets or buy dirt-cheap rentals to make money, you just need a bit of creativity if you want to get ahead.
On this episode of Seeing Greene, we’re taking you through a plethora of investing strategies. We talk about how to invest in real estate when at the tail end of your career, whether to convert your garage into a rental or buy an out-of-state investment, the true cost of holding onto a risky rental property, and why your “cash flow” numbers probably aren’t what they seem. And, if you’re a young investor thinking of skipping college to dive head-first into real estate, you may want to hear David’s advice before you make that move.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
House hacking in an expensive market vs. buying an out-of-state rental
Garage conversions and the surprising profits of turning storage space into a rental unit
Going to college vs. becoming an agent and why you don’t have to choose between the two
The low-risk way to begin real estate investing (even if you’re starting late!)
How many bank accounts you REALLY need when running a rental portfolio
When to give up on a risky rental property that has high expenses
1031 exchanges explained and how to dodge taxes when buying a new property
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Out-of-State Investing: The Good and the Bad
Episode Seeing Greene 747
Book Mentioned in the Show:
Long-Distance Real Estate Investing by David Greene
The Multifamily Millionaire Volume I by Brandon Turner & Brian Murray
The Multifamily Millionaire Volume II by Brandon Turner & Brian Murray
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-765
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43:5814/05/2023
764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait
For real estate investors, passive income is almost always the goal. You may be making good money at your job, but the long days, longer nights, lack of sleep, and limited time off is probably leaving you feeling fatigued. This is exactly how Brittany Swait felt after a severe diagnosis put her life in danger. She was working harder than ever, but the time with her family was slowly slipping away. That was until she started investing.
Brittany was able to build a fifty-nine-unit rental property portfolio in just three years. These properties bring in a staggering $200,000 per year passive paycheck, allowing Brittany to focus on her family, not take tasks from a boss. But this portfolio wasn’t easy to build, even though it happened quickly. Brittany had to learn the BRRRR method, take considerable risks (like draining her retirement accounts), and put herself in an entirely new position.
Now, just a few years later, Brittany is building her rental property portfolio at a fast pace, but she loves every minute of it. In this episode, she’ll walk through the exact strategy she uses to make such high cash flow, her five tips for remodeling and renovating that will save you TONS of time, and how she’s been able to pull her cash out of the deals she’s doing. If you want to scale your real estate portfolio, Brittany is the person to listen to.
In This Episode We Cover:
The one skill that allowed Brittany to scale from zero to fifty-nine rentals in three years
Medium-term rental investing and how to triple your rent with one strategic move
Using Facebook to find off-market deals and the one factor that matters MUCH more than you’d think
How to estimate rehab costs and five tips you MUST follow when doing a renovation
BRRRRing in 2023 and how to get around the one-year seasoning requirement for a cash-out refinance
Being more than your job and how to build a life that YOU are in control of
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear Our Episode with Rick Morin on Making $300K/Year with 11 Rental Properties
Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties
Book Mentioned in the Show:
BRRRR by David Greene
Connect with Brittany:
Brittany's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-764
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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59:4011/05/2023
763: Barbara Corcoran's Wild Real Estate Tactics You'll Want to Repeat
Barbara Corcoran understands real estate arguably better than anyone else. And while most of us know her from Shark Tank, Barbara swims in a league of her own as one of the most successful real estate investors and brokers in New York City. She knows the up-and-coming areas, the overpriced hipster neighborhoods, the streets to stray away from, and which will make you rich when owning real estate. And while Barbara has made a killing, she’s done it in a way foreign to almost any other real estate investor.
If you want to know the “formula” for making a fortune, this is the episode to tune into. In it, Barbara uncovers the exact way she finds the hottest rental markets before anyone else, why she consistently overpays for properties, the reason you should partner on almost EVERY deal you do, and why small-time investors are MUCH more likely to succeed than the big players.
Not only that, but Barbara also shares her past failures and why falling flat on her face was what she needed to see great success. She talks about her infamous word-of-mouth campaign that sold out an eighty-unit apartment complex in hours, the “Corcoran Report” that landed her on the front page of The New York Times, and why you MUST talk to waiters whenever investing in a new area.
In This Episode We Cover:
Barbara’s investing formula that will make you a FORTUNE (if you take the risk!)
A terrible first real estate investment and a crucial finding Barbara learned from failing
Overpaying for properties and why savvy investors don’t worry about the purchase price
Cash-out refinances and why Barbara is ALWAYS taking money out of her properties
Almost unbelievable marketing moves that Barbara made to boost her business
Whether or not buying with today’s “high” mortgage rates is a mistake
Why taking a night drive could be your key to finding the best real estate markets
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Barbara Corcoran’s Top 5 Tips for Winning During a Market Downturn
3 Rules for Crushing It in Business w/Barbara Corcoran
Connect with Barbara:
Barbara's Instagram
Barbara's Podcast
Barbara's Twitter
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-763
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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45:5309/05/2023