How to Use Debt to Get Rich in 2023 (What the Wealthy Do) BiggerPockets 2023-05-19 | Invest in real estate with as little as $100 with Arrived:arrived.com/biggerpockets Debt can make you rich. The wealthy have been using other people’s money since the beginning of civilization to build their empires, acquire assets, and make more income without using their own capital. But, in today’s high-consumer-debt world, most Americans are only accustomed to one type of debt—bad debt. So if you want to make moves like the wealthiest in the world, stick around to hear what Henry Washington says.Only a few years back, Henry had no properties to his name. Now, he’s sitting on a portfolio of over one hundred rental properties as a financially free investor. But how did he do it when he had no money? With the right type of debt, Henry was able to build his real estate portfolio, start making passive income, and become his own boss. Now you can do the same.Henry will walk through the five ways to use debt to build wealth, reach financial freedom, and grow a real estate portfolio.Become a real estate investor today and get started with just $100 with Arrived:arrived.com/biggerpockets ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Watch Henry on the “On the Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~How to Find Cash-Flowing Rentals (EVEN with High Mortgage Rates) youtu.be/yVPaaXhhziM ~~~~Why Real Estate Debt Isn’t So Scary:biggerpockets.com/blog/rookie-178?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Is Debt Good or Bad?biggerpockets.com/blog/is-debt-good-or-bad?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Learn More About Private Money Lending on The BiggerPockets Forums:biggerpockets.com/forums/49?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Henry on Instagram:Henry: @thehenrywashington or instagram.com/thehenrywashington ~~~~Connect with Henry on BiggerPockets:biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Get Rich Using Debt?02:03 Debt is Your Friend04:25 1. Make Your Money Go WAY Further06:17 2. HUGE Tax Advantages08:07 3. Higher Home Values09:17 4. Truly Passive Income11:33 5. Use Good Debt to Pay Off Bad Debt13:01 Don't Be Afraid of Debt
Creative ways to FILL your medium-term rentals #realestate #biggerpockets #shorts BiggerPockets 2023-06-19 | ...
The “Lowest Rate” Rip-Off and Mortgage Mistakes You MUST Avoid BiggerPockets 2023-06-19 | Mortgage rip-offs are more common than you’d think. Whether a pushy loan officer is forcing you into putting twenty percent down, your friends are persuading you never to pay PMI (private mortgage insurance), or you’re breaking your back for a lower mortgage rate that’ll cost you tens of thousands at closing, mortgage mistakes are everywhere. The problem is you never know who is on your side and who’s using your mistakes to make money. But don’t worry; we’ve brought the pros to help!Christian Bachelder and David Greene are SO committed to helping you make the most of your mortgage, Christian recorded this entire segment from a mortgage convention. If that isn’t dedication, what is? In this episode of Mortgage Monday, Christian and David will break down the four most prevalent mortgage myths that are costing you THOUSANDS at closing and how to break away to get more bang for your buck.Have any other mortgage myths you’ve caught on to? Need an answer to a specific mortgage question? Let us know in the comments below!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Check Out Another Mortgage Monday:youtube.com/playlist?list=PLgSUZKLPRI9upGwnyORepWtJD-bLXbUGs~~~~How to Buy a Rental Property with 5% Down (Sneaky Tactic):youtu.be/1c9jimlaeBo ~~~~Stop! Before Making a Large Down Payment, Read This:biggerpockets.com/blog/real-estate-large-down-payment-not-necessary?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with The One Brokerage:Website: the1brokerage.com Email: christian@theonebrokerage.com Intake Email: intake@theonebrokerage.com ~~~~Work with David:davidgreene24.com ~~~~Connect with Christian and David on BiggerPockets:Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow Christian and David on Instagram: Christian: @the_one_broker or instagram.com/the_one_broker David: @davidgreene24 or instagram.com/davidgreene24 0:00 Mortgage Myths That Cost You01:49 1. You Need 20% Down02:45 2. Never Pay PMI (Private Mortgage Insurance)05:33 3. Go For the Lowest Rate Possible09:43 4. 203(k) Loans Are Your Best Bet
How to start your medium-term rental TODAY #realestate #biggerpockets #shorts BiggerPockets 2023-06-18 | ...
How to Make 400% More Cash Flow with This Unique Rental Property BiggerPockets 2023-06-18 | Episode #780Your 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!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Grab the BiggerPockets Book on Medium-Term Rental Investing, “30-Day Stay”:store.biggerpockets.com/products/30-day-stay?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Past Episodes Mentioned in Today’s Show:David’s First Episode: biggerpockets.com/blog/2016-04-07-bp-podcast-169hustle-persistence-build-wealth-real-estate-david-greene?utm_source=youtube&utm_medium=description&utm_campaign=none Jesse’s Recent Episode: biggerpockets.com/blog/real-estate-728?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties:biggerpockets.com/blog/real-estate-679?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Jesse:BiggerPockets: biggerpockets.com/users/jessev27?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @therealjessevasquez or instagram.com/therealjessevasquez YouTube: youtube.com/@JesseVasquezAirVenture ~~~~Connect with Rob (Robuilt): Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel YouTube: youtube.com/c/Robuilt ~~~~Connect with David and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneRob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-780?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro01:26 Quick Tip01:51 The Antidote for Short-Term Rentals07:37 How Much $$$ Do You Need to Start? 14:54 Where to Find Renters 18:36 Where to Buy 26:03 How to Get HUGE Rental Contracts35:20 Everything Has Changed40:27 Amenities to Include46:09 Pricing Your Rental 52:11 Managing a Medium-Term Rental56:58 Should You Allow Pets?59:16 BEFORE You Buy a Medium-Term Rental 01:01:31 Connect with Jesse!
How to Design the PERFECT Floor Plan (From an Expert Flipper) BiggerPockets 2023-06-17 | Your floor plan is arguably as important as the house you’re buying, building, flipping, or renovating. With today's homebuyers looking for open spaces, natural light, and modern design, your floor plan can make THE difference when you put your house up for sale. So what should a new house flipper or home renovator look for when walking a potential property? And what red flags can you spot at first glance that could cost you tens of thousands during a fast-paced rehab?We asked James Dainard, a fifteen-year flipping veteran in the Seattle area, to explain how he designs the perfect floor plan for his renovations. He touches on the three things you MUST pay attention to before putting your plan in place and how to look at comparable sales in the area to maximize the bang for your buck. Renovations can go over budget quickly, and if you’re not designing your property to make the most, you could be left in the red when a rehab is finished.Even if you’ve never designed a floor plan before, James’ tips will help you make use of wasted space and open up your property to enhance its natural features while helping your bottom line. You don’t have to be an architect or engineer to take some of these tips to heart, so stick around! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Watch James on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~How to Incorporate Floor Plans into Your Real Estate Business: biggerpockets.com/blog/2014-03-10-incorporate-floor-plans-real-estate-business?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How to Start Flipping Houses—The Beginner’s Guide:biggerpockets.com/guides/how-to-flip-houses?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How To Walk Through an Investment Property Like a Pro:biggerpockets.com/blog/walkthrough-investment-property?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How to Renovate a House—Whether You’re Renting, Flipping, or Moving In:biggerpockets.com/blog/how-to-renovate-house?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Learn More from James: jamesdainard.com ~~~~Subscribe to ProjectRE with James Dainard:youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A~~~~Follow James on Instagram:@jdainflips or instagram.com/jdainflips ~~~~Connect with James on BiggerPockets:biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none
Debunking Insurance Myths That Could Cost You Thousands BiggerPockets 2023-06-16 | Find fast, affordable landlord insurance and protect your property with Steadily: steadily.com Insurance myths could be costing you THOUSANDS of dollars a year! You might THINK that having a low deductible landlord insurance policy is enough because everyone online tells you to make room for cash flow. But when disaster strikes, you’re the one stuck with thousands, if not tens of thousands, in costs you haven't accounted for. Or what about when a burglar breaks into your rental and steals all your things? You’re probably covered, right? Wrong!Getting the right landlord insurance can make or break your deal, but you don’t have to tell Jesse Vasquez that. Jesse has been through the wringer with break-ins, floods, collapsed roofs, and more! You never think the improbable will happen until it happens to you. So, to stop you from losing your property during a bad storm, fire, or flood, Jesse will debunk the biggest landlord insurance myths that could cost you your property! Get the perfect insurance policy for your rental with Steadily: steadily.com ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Hear Jesse’s Full Interview on the BiggerPockets Podcast: biggerpockets.com/blog/real-estate-728?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The Complete Homeowners Insurance Guide For Investors:biggerpockets.com/blog/homeowners-insurance-complete-guide?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~What Kind Of Rental Property Insurance Do You Need For Short, Medium, And Long-Term Rentals?biggerpockets.com/blog/rental-property-insurance-types?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~9 Types of Must-Have Insurance for Landlords:biggerpockets.com/blog/9-types-of-insurance-for-landlords?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Jesse:BiggerPockets: biggerpockets.com/users/jessev27?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @therealjessevasquez or instagram.com/therealjessevasquez YouTube: youtube.com/@JesseVasquezAirVenture 00:00 Insurance Myths That'll Cost You02:21 High Deductible = Saving Money05:44 Your Things Are Automatically Covered07:06 STR Insurance is Much More Expensive07:53 Add-Ons Aren't Worth It
From Pizza Delivery Driver to Financial Freedom with 27 Rentals BiggerPockets 2023-06-15 | Episode #779The 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. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!):biggerpockets.com/blog/real-estate-749?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The 30-Something’s Guide to Financial Freedom:biggerpockets.com/blog/financial-freedom-guide-30-somethings?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Flipping Houses: How to Get Started and Everything You Should Know:biggerpockets.com/blog/house-flipping-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Pamela:BiggerPockets: biggerpockets.com/users/pamelabardhi?utm_source=youtube&utm_medium=description&utm_campaign=noneInstagram: @pamela_bardhi or instagram.com/pamela_bardhi LinkedIn: linkedin.com/in/pamelabardhi Website: pamelabardhi.com ~~~~Connect with Rob (Robuilt): Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel YouTube: youtube.com/c/Robuilt ~~~~Connect with David and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneRob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-779?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro03:04 Quick Tip03:37 The Immigrant Entrepreneur14:09 Serious College Side Hustles18:37 A Burnt Out Boss at 2122:37 Making $100K on Deal #130:28 3 HUGE Takeaways After 100 Deals37:58 Putting Out Kitchen (and Investing) Fires43:48 Pamela's Current Portfolio 48:47 Connect with Pamela!
The “Perfect Storm” is About to Hit This Real Estate Sector (Get Out NOW) BiggerPockets 2023-06-14 | A real estate crash of epic proportions is about to hit one unlucky asset class. For years, investors have been holding fire sales, trying to get rid of these pieces of real estate as quickly as possible. With demand falling off a cliff, subleases hitting new highs, and even more inventory about to hit the market, this real estate investing niche might be the riskiest bet we’ve seen in a long time. Which asset class is it, and what should you do if you own any of these properties?Dave Meyer, BiggerPockets VP of Data and Analytics, has the data to prove the market crash predictors right. Investors of this asset class have seen vacancy rates hit highs that even 2008’s global financial crash couldn't compete with. And it doesn’t look like there’s any hope on the horizon. While this may be bad news for investors who currently own this asset type, new investors trying to enter the market could be picking up deals for dimes on the dollar. But you’ll need to be extremely careful when investing because the next few years could get rough.Do you think the real estate forecasts for this asset class are overhyped? Or could this market crash be even worse than we think? Let us know in the comments below!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA~~~~“It’s Coming THIS Year” Fundrise’s Ben Miller on The 2023 Financial Crash:biggerpockets.com/blog/on-the-market-109?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The Biggest Crash Imaginable is Coming For Commercial Assets:biggerpockets.com/blog/the-biggest-crash-imaginable-is-coming-for-commercial-assets?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Data Used in This Video:CoStar: costar.com Nareit: reit.com ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli 0:00 A Real Estate Horror Show1:29 It's About to Get Worse 4:57 Rents to Tank6:30: Will Office Crash?9:12 How Bad Will It Get?12:26 What Investors MUST Know
How to Build a Rental Portfolio FAST Without Tons of Time or Money BiggerPockets 2023-06-13 | Episode #778Grab Niti and Palak’s new book and use promo code “ARE778” at checkout : biggerpockets.com/AREbook?utm_source=youtube&utm_medium=description&utm_campaign=none 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. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Grab the New Book:biggerpockets.com/AREbook?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Pick Up Some of David Greene’s Best Selling Books:store.biggerpockets.com/collections/more-by-david-greene?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The Psychology of Money:store.biggerpockets.com/products/psychology-of-money?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Hear Our Past Interview with Palak:biggerpockets.com/blog/biggerpockets-podcast-368-palak-shah?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Niti and Palak:Niti's BiggerPockets: biggerpockets.com/users/nitipalak?utm_source=youtube&utm_medium=description&utm_campaign=none Palak's BiggerPockets: biggerpockets.com/users/palaks4?utm_source=youtube&utm_medium=description&utm_campaign=none Instagrams: @rewealthblueprint or instagram.com/rewealthblueprint @openspaceswomen or instagram.com/openspaceswomen ~~~~Connect with Rob (Robuilt): Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel YouTube: youtube.com/c/Robuilt ~~~~Connect with David and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneRob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-778?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:27 Quick Tip03:20 Quitting Corporate 10:04 Scaling with Little Time or Money13:10 The SCALE System16:41 Is BRRRR Still Worth It?26:55 1. Buying and Analysis31:22 2. Rehabbing and Construction37:02 3. Renting and Adding Cash Flow41:28 4. Refinancing and Leveraging Your Loan46:54 5. Repeating and Exponential Growth54:16 Connect with Palak and Niti!
Watch the FULL EPISODE for how pros analyze real estate! #biggerpockets #shorts BiggerPockets 2023-06-12 | ...
How to Buy a Rental Property with 5% Down (Sneaky Tactic) BiggerPockets 2023-06-12 | Want to know how to buy a rental property with just five percent down? That’s right, not twenty-five, not twenty, but FIVE percent down. With a lower down payment, you can buy in the best neighborhood, have plenty of money left over to upgrade your rental, AND keep more money in your pocket for your next income property. But, if low-money down real estate was that easy, why isn’t everyone doing it? Christian Bachelder and David Greene are here to explain.Most real estate investors think they can ONLY buy investment properties with twenty or twenty-five percent down. While this is right, it’s also wrong. Using this “sneaky” rental property tactic, you can buy homes without much cash, live for free, and walk away with thousands, tens of thousands, or hundreds of thousands in extra equity. You can sell the property a few years later and take home some tax-free profits, or keep it as a rental and make cash flow forever. So, what’s the tactic, and how can you get in on it? Stick around to find out!Have any mortgage questions about this investing tactic? Have you bought low-money-down rentals before? Let us know in the comments below! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Check Out Another Mortgage Monday:youtube.com/playlist?list=PLgSUZKLPRI9upGwnyORepWtJD-bLXbUGs ~~~~How Much Do You Need For A Down Payment On A House?biggerpockets.com/blog/down-payment?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How to Get Around High Down Payment Requirements:biggerpockets.com/blog/real-estate-624?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with The One Brokerage:Website: the1brokerage.com Email: christian@theonebrokerage.com Intake Email: intake@theonebrokerage.com ~~~~Work with David:davidgreene24.com ~~~~Connect with Christian and David on BiggerPockets:Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow Christian and David on Instagram: Christian: @the_one_broker or instagram.com/the_one_broker David: @davidgreene24 or instagram.com/davidgreene24 00:00 The "Sneaky" Rental Tactic01:42 Down Payment Too High?05:49 The 5% Down Rental Property07:30 Get Paid to Live!10:39 Connect with Christian!
The BEST approach to real estate investing #realestate #biggerpockets #shorts BiggerPockets 2023-06-11 | ...
Late Start? Here’s How You Can Still Retire With Real Estate BiggerPockets 2023-06-11 | Episode #777Think 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 (biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) 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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Ask David Your Real Estate Investing Question:biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Meet Local Investors at a BiggerPockets Meetup:biggerpockets.com/forums/521?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Try the BiggerPockets Rental Estimator on Your Next Deal:biggerpockets.com/insights/property-searches/new?utm_source=owned_media ~~~~Grab David’s Book, “Long-Distance Real Estate Investing”:store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media ~~~~Episodes Mentioned in Today’s Show:759: biggerpockets.com/blog/real-estate-759?utm_source=youtube&utm_medium=description&utm_campaign=none 771 with Kristina Smallhorn: biggerpockets.com/blog/real-estate-771?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Subscribe to David’s YouTube Channel: youtube.com/@DavidGreene24/featured ~~~~Connect with David on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-777?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro01:12 Quick Tip01:57 Buy a Primary or Rent and Invest?08:10 Investing Later in Life15:33 Investing in Mobile Homes21:03 Questions From the Comment Section28:49 Should I Put My Rental in an LLC?35:04 Equity Over Cash Flow43:58 Ask David Your Question!
3 Rental Property Markets That Are Getting HOT in Summer 2023 BiggerPockets 2023-06-10 | Contact Elite Agent Matthew Nicklin to Invest in AtlantaContact Elite Agent Kim Meredith Hampton to Invest in TampaContact Elite Agent Victor Steffen to Invest in Dallashttp://biggerpockets.com/agentmatch Three housing markets could be primed for massive growth this summer. While boom towns like Austin, Boise, and Denver saw huge price run-ups just to suffer from devastating declines, the three markets we’re looking at today have kept their prices stable while increasing their populations and keeping inventory at rock-bottom levels. With more residents moving in but not enough homes on the market, price hikes could be in the cards for any of these markets. We’re back with our VP of Data and Analytics at BiggerPockets, Dave Meyer. Dave has been keeping a sharp eye on the southeast, and for good reason. Since the pandemic, many southeast real estate markets stood firm while much of the West saw significant price drops. With demographic trends pointing in the right direction, Dave decided to do a data-first analysis of three of the most promising markets in the area, all with trends that EVERY investor should pay attention to. Want to know which markets look the best? Stick around! Build your out-of-state team with an investor-friendly agent:http://biggerpockets.com/agentmatch ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA~~~~Data and Trends For Each Metro Area:Atlanta: biggerpockets.com/blog/atlanta-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none Dallas: biggerpockets.com/blog/dallas-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none Tampa: biggerpockets.com/blog/tampa-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~8 Homerun Housing Markets of 2022 (and Beyond!):biggerpockets.com/blog/on-the-market-3?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Population and Unemployment Data:fred.stlouisfed.org ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. fred.stlouisfed.org00:00 3 Hot Southeast Markets01:51 Indicators to Watch03:52 Tampa, Florida08:31 Dallas, Texas11:41 Atlanta, Georgia14:05 Which Market to Choose?
I Went From 1 Condo to 9 Rental Properties After Doing THIS BiggerPockets 2023-06-09 | Chris Lopez turned $0 into a four-unit rental property. Sounds unreal, right? What if we told you that after that, he grew his portfolio to nine properties, built four businesses, and now collects over $100M annually? If you stick around, you’ll hear the exact concept Chris discovered that led to this massive growth and how you can use it to build a rental property portfolio that sets you financially free! We always hear about ROI (return on investment), cash flow, cash on cash return, and other metrics used by the investing masses. The problem? These don’t give you a clear indicator of whether or not your money could be used in a better way. Chris used an often-untouched calculation to turn his single condo into a cash-flowing four-unit property that pays him more than FIVE times the rent. And if you’ve bought a property over the past few years, you could use this same strategy to multiply your rental portfolio faster than you thought.Want to play real-life Monopoly and collect even more cash flow? Then, stick around! Chris will share the exact plan that took him to financial freedom! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Connect with Other Investors on The BiggerPockets Forums: biggerpockets.com/forums?utm_source=owned_media ~~~~Grab Your Copy of the Classic “Rich Dad Poor Dad”:store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Cash Flow IS NOT the Key and Why ROE Beats ROI:youtu.be/ssjG55V3PIU ~~~~A WAY Better Metric than Cash on Cash Return:youtu.be/pn_o59mVoMk ~~~~Hear Chris on The “Denver Investment Real Estate” Podcast: podcasts.apple.com/us/podcast/denver-investment-real-estate/id1257314994?ls=1&mt=2 ~~~~Connect with Chris on BiggerPockets:biggerpockets.com/users/chlopez?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Chris and BiggerPockets on Instagram:Chris: @chrislopez_co or instagram.com/chrislopez_coBiggerPockets: @biggerpockets or instagram.com/biggerpockets 00:00 $10K to 9 Properties!01:38 Almost Broke After Business Success03:28 The $10K/Month Plan05:35 Making an "Infinite" Return11:47 Real-Life Monopoly15:12 Steal My Plan!
Turning a $100K High School into $42K/Month Cash Flow BiggerPockets 2023-06-08 | Episode #776You’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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~How to Start Flipping Houses:biggerpockets.com/guides/how-to-flip-houses?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023:biggerpockets.com/blog/real-estate-754?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Urban Redevelopment & How to Capitalize on a Profitable Trend:biggerpockets.com/blog/urban-redevelopment-how-to-capitalize-on-insanely-profitable-trend?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Read Jesse’s Story on CNBC Make It: cnbc.com/2022/12/16/take-a-look-inside-abandoned-high-school-apartment-building.html ~~~~Connect with Jesse: Instagram: @jessewig or instagram.com/jessewig TikTok: @jessewig or tiktok.com/@jessewig ~~~~Connect with Rob (Robuilt): BiggerPockets: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel YouTube: youtube.com/c/Robuilt ~~~~Connect with David and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneRob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-776?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:17 Quick Tip03:07 One Property, $42K/Month!?06:41 A BAD First Flip13:34 Creating His Own Home Prices31:59 Buying a $100,000 High School35:32 Deal Deep Dive44:50 Connect with Jesse!
5 Real Estate Markets with Home Prices Under $200K BiggerPockets 2023-06-07 | Find your next real estate deal with PropStream: http://propstream.com/BP Whatever real estate market you’re in, you probably can’t buy a home for $200K or less. With the average home price in America hovering above $400K, are homes half that cost only in the worst investing areas possible? Surprisingly, no! Dave Meyer, VP of Data and Analytics at BiggerPockets, has found five strong housing markets offering much more than low home prices. With high cash flow, growing populations, and continued appreciation, these markets could be your next best bet for an investment property.Dave will list his five top real estate markets with home prices under $200K, from most to least expensive. He’ll also review their cash flow potential and profitability indicators for investors. You may have heard of these housing markets before when talking to other investors, and with prices still rising and mortgage rates stuck around 7%, these cities could be the last bastion of hope for affordable homes. Get the real estate data you need to do your next deal at http://propstream.com/BP ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA~~~~Check Out Last Week’s Episode on How to Analyze a Rental Property:youtu.be/IYBNoh6fNko ~~~~These Are The 8 Most Affordable Markets To Invest In During 2023:biggerpockets.com/blog/most-affordable-housing-markets-to-invest-in ~~~~Here are 92 of the Most Affordable Housing Markets in the World:biggerpockets.com/blog/most-affordable-housing-markets-in-the-world ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli
BiggerNews: Rent Prices Are Now Dangerously Unaffordable BiggerPockets 2023-06-06 | Episode #775Rent 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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Hear Dave on the “On the Market” Podcast:biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Subscribe to the “On The Market” YouTube Channel:youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Grab the Moody’s Rent Report: cre.moodysanalytics.com/insights ~~~~Connect with Lu and Thomas: Lu: lu.chen@moodys.com Thomas: thomas.lasalvia@moodys.com ~~~~Connect with Dave and David on BiggerPockets:Dave:biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow Dave, David, and BiggerPockets on Instagram:Dave: @thedatadeli or instagram.com/thedatadeli David: @davidgreene24 or instagram.com/davidgreene24 BiggerPockets: @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-775?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro03:03 Quick Tip03:47 America Becomes "Rent-Burdened"10:19 The 30% Rent Threshold15:45 How Much Rent Has Jumped18:37 "House Stock" Falls Short30:20 Creative Solutions for More Housing35:04 Are Landlords the Problem?40:25 How Investors Can Help44:21 Is Real Estate Still Safe?46:44 The Solution to Record Rents50:35 Grab the Rent Report!
Are you ready to hear the TRUTH about real estate investing? #realestate #biggerpockets #shorts BiggerPockets 2023-06-05 | ...
The Underrated Investing Strategy 95% of People DON’T Know About BiggerPockets 2023-06-05 | This underrated real estate investing strategy will knock out 95% of your competition. Don’t believe us? David Greene and Christian Bachelder have been using this exact strategy for years to purchase properties even when competition is fierce and inventory is low. They then take these properties, massively multiply the equity, increase the cash flow, and get a new loan that helps them walk away with their initial investment in hand. But will this still work in 2023?We’re back on another Mortgage Monday! This time, DSCR loans (debt service coverage ratio) come into play as David and Christian touch on snagging homes that average home buyers CAN'T purchase. That’s right, these homes are completely off-limits for the everyday primary residence shopper, meaning you can come in and sweep up deals for cheap! But you’ll need to know what to look for.Have you tried this underrated investing strategy before? Have any questions on how you can get it done? Let us know in the comments below!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~BRRRR Like the Pros with David’s “Buy, Rehab, Rent, Refinance, Repeat” Book: store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media ~~~~Credit Repair Secrets That Could Save You $10K+ On Your Mortgage: youtu.be/zoHTENmE5V4 ~~~~DSCR Loans: What Are They And How To Get The Best Terms:biggerpockets.com/blog/dscr-loans-what-are-they?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with The One Brokerage:Website: the1brokerage.com Email: christian@theonebrokerage.com Intake Email: intake@theonebrokerage.com ~~~~Work with David:davidgreene24.com ~~~~Connect with Christian and David on BiggerPockets:Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none00:00 Invest in ANY Market00:57 1. BRRRR an Untouchable Property04:43 2. Force Equity with Extra Space07:19 100% Renovation Financing09:48 The Best Loans for Investors
Those Who Don’t Buy Real Estate Will Regret It… BiggerPockets 2023-06-04 | Episode #774Buy 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 (biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) 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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Ask David Your Real Estate Investing Question:biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Connect with Other Investors on the BiggerPockets Forums:biggerpockets.com/forums?utm_source=owned_media ~~~~Read Up-to-Date Real Estate Articles and News Stories:biggerpockets.com/blog/?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Past Episodes Mentioned in Today’s Show:759: biggerpockets.com/blog/real-estate-759?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~You Won’t Believe It. Inflation Finally Peaked—Here’s The Proof:biggerpockets.com/blog/inflation-finally-peaked-heres-proof?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Subscribe to David’s YouTube Channel: youtube.com/@DavidGreene24/featured ~~~~Connect with David on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-774?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro01:53 Quick Tip 03:14 My Down Payment Just Tripled!12:06 The Truth About Midwest Rentals 18:37 Buy or Build an ADU? 24:54 Questions From the Comment Section32:24 Sell or Keep a Failed Flip?40:23 My Rental is Bleeding! 44:06 What to Do With $30K51:53 Ask David Your Question!
How to Get Your First Deal (EXACTLY What to Say) BiggerPockets 2023-06-03 | Wholesale real estate is one of the BEST ways to make $5,000, $10,000, or $20,000 without ever having to buy, flip, or sell a property. This type of “real estate trading” has become commonplace as more investors jump into the market and sellers desperately try to get out of homes they’ve inherited, refuse to fix up, or need to sell. Wholesalers like Jamil Damji come in, buy properties at a discount, and sell them to investors so everyone profits.Jamil will walk through each step of the wholesaling process, from finding deals to talking to agents, building a buyers list, and finally taking home a check! If you think wholesaling is complicated or too difficult to try, stick around because Jamil will be live-calling agents within his area and immediately gains access to a few deals that most investors would only dream of picking up. If you want to start investing in real estate and have time but not money, this is the strategy to try!Still trying to get your first wholesale deal? Let us know in the comments how we can help or what you’d like Jamil to go over in the future! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Pre-Order Jamil's New Book, "How to Wholesale Real Estate" store.biggerpockets.com/products/how-to-wholesale-real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Unlock Expert Investing Tools with BiggerPockets Pro:biggerpockets.com/membership-types?utm_source=owned_media ~~~~Connect with Other Wholesalers in The BiggerPockets Wholesaling Forums:biggerpockets.com/forums/93?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Tune Into The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media~~~~Watch Jamil on The “On the Market” YouTube Channel:youtube.com/@BPOnTheMarket/featured ~~~~Real Estate Wholesaling: A Beginner’s Guide to Get Started:biggerpockets.com/blog/wholesaling-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How To Wholesale Real Estate With No Money: biggerpockets.com/blog/wholesaling-no-money?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with KeyGlee to Sell Your Wholesale Property: keyglee.com/submit-a-wholesale-property?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Jamil on BiggerPockets, Facebook, Instagram, and YouTube:BiggerPockets: biggerpockets.com/users/jdamji?utm_source=youtube&utm_medium=description&utm_campaign=none Facebook: facebook.com/jamil.damji Instagram: @jdamji or instagram.com/jdamji YouTube: youtube.com/c/JamilDamji00:00 Getting a Real Estate Deal 10100:34 Look for "Stale" Listings03:22 Calling an Agent (LIVE)10:44 Reach Out, Follow Up, Repeat12:12 Get the Property Under Contract14:42 Seal the Deal18:24 Assign The Contract
Check out Dave Meyer’s breakdown of the Florida housing market! #biggerpockets BiggerPockets 2023-06-02 | ...
4 Simple Ways to Boost Your Rental Property’s ROI BiggerPockets 2023-06-02 | Invest in real estate with as little as $100 with Arrived:arrived.com/biggerpockets Want to make more money? Boost your rental property ROI? Rein in more cash flow? Well, you’re in the right place. For most investors in 2023, the housing market is a dangerous place to invest, with rates steadily rising throughout the year, some markets outright crashing, and others still seeing price bumps. Nobody knows what’s happening or what will come next, but that doesn’t mean you can’t make money in a wild market. Investors like Henry Washington are still picking up deals, counting cash flow, and crushing the rental property game while most investors sit on the sidelines.So, how do you boost your rental property’s returns, score more cash flow, and buy deeply discounted deals? Stick around; Henry will share four time-tested (but easily implemented) strategies to make real estate work for you no matter what happens in the market. Some of these strategies touch on acquiring new properties, optimizing old ones, and what brand new investors can do BEFORE jumping into their first deal. Invest in real estate with as little as $100 with Arrived:arrived.com/biggerpockets ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Watch Henry on the “On the Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~How Debt Can Generate Income in 2023 (What the Rich Do): youtu.be/Eq6UU6eNeAk ~~~~How To Calculate ROI On A Rental Property:biggerpockets.com/blog/how-to-calculate-roi-on-a-rental-property?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Henry on Instagram:Henry: @thehenrywashington or instagram.com/thehenrywashington ~~~~Connect with Henry on BiggerPockets:biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Boost ROI on Your Rentals01:43 1. Know What You're Doing02:53 2. Capitalize on Crashing Markets04:35 3. Lock Down Leverage06:05 4. Try Cash-Flow-First Strategies07:33 Don't Wait to Invest!
THIS is how the pros calculate their deals #biggerpockets #realestate #shorts BiggerPockets 2023-06-01 | ...
Replacing Your W2 with $70K/Year Cash Flow After a BIG Wake-Up Call BiggerPockets 2023-06-01 | Episode #773Financial 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. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Books Mentioned in Today’s Show:BRRRR: store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media The Book on Advanced Tax Strategies: store.biggerpockets.com/products/the-book-on-advanced-tax-strategies?utm_source=youtube&utm_medium=description&utm_campaign=none The Book on Estimating Rehab Costs: store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Long-Distance Real Estate Investing: store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Raising Private Capital: store.biggerpockets.com/products/raising-private-capital?utm_source=owned_media Rich Dad Poor Dad: store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Hear the Latest Episode on Analyzing Real Estate Deals:biggerpockets.com/blog/real-estate-772?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Understand The BRRRR Method in Real Estate – A Beginner’s Guide:biggerpockets.com/blog/brrrr-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Pasha:BiggerPockets: biggerpockets.com/users/pasham1?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @techierealestate or instagram.com/techierealestate ~~~~Connect with David and Henry on BiggerPockets:David:biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneHenry: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David, Henry, and BiggerPockets on Instagram:David: @davidgreene24 or instagram.com/davidgreene24 Henry: @thehenrywashington or instagram.com/thehenrywashington BiggerPockets: @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-773?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro03:11 Quick Tip03:41 Pasha's Current Portfolio08:45 Minutes Away from Death19:29 Finding a Path to Financial Freedom 24:15 First Deal, DIY-ing, and Hidden Basements35:09 Boost Your Property Value with BRRRR 41:15 Current Cash Flow Numbers45:00 Turning Coding into Cash Flow52:18 Know Your WHY55:23 Connect with Pasha!
How to Analyze a Rental Property (2023 Market Indicators to WATCH) BiggerPockets 2023-05-31 | Analyze deals in MINUTES with a BiggerPockets Pro membership. Use code “PROANALYSIS” for 20% off + get Dave’s new book for FREE: biggerpockets.com/membership-types?utm_source=owned_media Need to know how to analyze a rental property? If you've got five to ten minutes, you can analyze real estate deals. 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, Dave 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.Sign up for BiggerPockets Pro and use code "PROANALYSIS "for 20% off: biggerpockets.com/membership-types?utm_source=owned_media ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Tools Used in This VideoBiggerPockets Rent Estimator: biggerpockets.com/insights/property-searches/new?utm_source=owned_media BiggerPockets Rental Property Calculator: biggerpockets.com/rental-property-calculator?utm_source=owned_media FREE Housing Market Analysis Tool: biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Listen to The "On The Market" Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the "On The Market" YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA~~~~Data Used in This Video:FRED: fred.stlouisfed.org Redfin: redfin.com/news/data-center ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. fred.stlouisfed.org 00:00 How to Analyze a Rental Property02:53 Meet Dave03:55 Is NOW a Good Time to Buy?06:02 3 Indicators to Watch11:24 Analyzing a Large Market14:24 Analyzing a Local Market17:30 Running the Numbers30:58 Analyze a Rental in MINUTES
What credit score do you REALLY need for a home loan? #biggerpockets #shorts #realestate BiggerPockets 2023-05-30 | ...
The Ugly Truth About Real Estate Investing in 2023 BiggerPockets 2023-05-30 | Episode #722Real 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. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Introduction to Real Estate Investment Analysis:biggerpockets.com/blog/real-estate-investment-analysis?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How To Analyze A Short-Term Rental In 2023:biggerpockets.com/blog/analyze-short-term-rental?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~2023 Housing Market Outlook:biggerpockets.com/blog/2022-housing-market-review?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The Housing Market “Signals” That Predict Where We’re Headed in 2023:biggerpockets.com/blog/on-the-market-98?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter: YouTube: youtube.com/c/Robuilt Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel ~~~~Connect with David, Henry, and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneHenry: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David, Henry, and BiggerPockets on Instagram:David: @davidgreene24 or instagram.com/davidgreene24 Henry: @thehenrywashington or instagram.com/thehenrywashington BiggerPockets: @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-772?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:00 Quick Tip02:45 2023 Real Estate Update14:15 Investing Has Changed31:47 Rob's Triple Dome Deal Analysis 39:54 Henry's Flip or Hold Deal 49:17 How to "Make" a Deal in 202358:09 Advice For The Everyday Investor01:05:43 Connect With The Hosts!
Credit Repair Secrets That Could Save You $10K+ On Your Mortgage BiggerPockets 2023-05-29 | Start investing in short-term rentals today at theshorttermshop.com/bp/.A quick credit repair could save you $10,000 (or more) on your next mortgage! Don’t think it’s true? Stick around; Christian Bachelder and David Greene will explain how they turned a client’s horrible score into a 700+ dream that saved her five figures in closing costs. And whether you have a 550, 680, or 800+ credit score, you probably don’t know the whole truth about what happens when lenders look at you for a mortgage loan. But today, we’re uncovering the truth and what you can do to boost your score!It’s mortgage (and Memorial Day) Monday, but this time, instead of talking about what the loan industry is doing, we’re talking about how YOU can get a better rate on your next rental, primary residence, or investment property. Christian and David will go through the different credit score “brackets” a lender looks at when pre-qualifying you, the “sweet spot” for loans, and why you DON’T need an 850 credit score to get the best rate possible. Plus, how you can repair your score to lock down a mortgage with MASSIVE savings.Start investing in short-term rentals today at theshorttermshop.com/bp/.~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~This State is GIVING AWAY Down Payment Money:youtu.be/lXAcJFvvaWY ~~~~Why Credit Scores Matter & How to Improve Them:biggerpockets.com/blog/why-credit-scores-matter-how-to-improve-them?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~5 Tried-And-True Ways to Improve Your Credit Score:biggerpockets.com/blog/improve-your-credit-score?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~What Credit Score Do You Need to Buy a House?biggerpockets.com/blog/credit-score-buy-house?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with The One Brokerage:Website: the1brokerage.com Email: christian@theonebrokerage.com ~~~~Work with David:davidgreene24.com ~~~~Connect with Christian and David on BiggerPockets:Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none00:00 How to Repair Your Credit02:49 Mortgage "Sweet Spots"04:05 What Lenders Look At04:58 Credit Score Mistakes07:27 This Could Save You $10K+09:58 Connect with Christian!
How to grow your retirement account with real estate! #shorts #biggerpockets BiggerPockets 2023-05-28 | Check Out the Full Episode: @BiggerPockets youtu.be/ewGG5nEfnv8
The Truth About “Affordable Housing” BiggerPockets 2023-05-28 | Episode #771You’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 (biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) 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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Ask David Your Real Estate Investing Question:biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Here are 92 of the Most Affordable Housing Markets in the World:biggerpockets.com/blog/most-affordable-housing-markets-in-the-world?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Modular Homes Make a Comeback:biggerpockets.com/blog/on-the-market-37?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~The Harsh Reality About Pre-fab Homes and Why I Won't Ever Buy Them:youtu.be/3rq5PEhWJPk ~~~~Books Recommended by Kristina: 10 Things You Need To Know About Land: amazon.com/Things-Need-Know-About-Land/dp/1735302341 Housing For Purpose: amazon.com/Housing-Purpose-Investing-Estate-Profit/dp/1662931328 ~~~~Connect with Kristina: youtube.com/@KristinaSmallhorn ~~~~Connect with Rob (Robuilt): BiggerPockets: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: twitter.com/robuiltchannel YouTube: youtube.com/c/Robuilt ~~~~Connect with David and Rob on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneRob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-771?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:18 Quick Tip 02:40 The Issue with Affordability10:57 Is Build-to-Rent the Future?14:14 The Most Affordable Way to Invest22:13 Green Flags for Buying Land28:14 The Danger of 40-Year Mortgages 42:55 Lies You've Been Told About Affordable Housing49:52 Connect with Kristina! Connect with Kristina!
The Florida Housing Market is Changing FAST BiggerPockets 2023-05-27 | Get GUARANTEED RENT with Belong:try.belonghome.com/biggerpockets The Florida housing market doesn’t make a lot of sense. Whether talking about the most growing or declining markets, Florida cities always tend to make the list. This state is polarized in home prices, appreciation, population, and gators-per-square mile estimates. But are there still solid investing areas in this swampy state? Or has the massive Florida immigration caused everything to become overpriced? If you live in The Sunshine State or want to invest in this high-growth market, stick around!Dave Meyer, VP of Data and Analytics at BiggerPockets, is back with some Florida data from our friends at Belong. Dave will go over which markets are rising and falling, why home inventory is starting to spike in some unsuspecting areas, and whether or not rents are still keeping pace as landlords search for cash flow. Florida has some HUGE opportunities, but with one BIG COST about to skyrocket, investors may be wary of investing here.Get GUARANTEED RENT and vetted tenants with Belong:try.belonghome.com/biggerpockets ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Watch Dave’s Analysis on Seattle: youtu.be/o4YMjUnWMyI ~~~~Is Florida’s Housing Market About To Get Even More Unaffordable? What You Need To Know:biggerpockets.com/blog/florida-housing-market-unaffordable?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~New Census Data Shows Where Americans Are Moving—And Where You Should Be Investing:biggerpockets.com/blog/new-census-data-shows-where-americans-are-moving?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli 00:00 The Florida Housing Market is On FIRE02:37 Home Prices Are CHANGING07:03 Inventory Returns09:07 Rents Are On The Rise10:33 Strongest Markets12:33 Watch Out For This
These Short-Term Rentals Are WAY Cheaper Than You Think BiggerPockets 2023-05-26 | Find Cash-Flowing Properties TODAY with RentToRetirement: renttoretirement.com These short-term rentals are MUCH cheaper than you’d think. Even in an expensive market like California, investors have been able to pick up steals of deals and turn them into quirky vacation rentals that charge a high nightly rate. But, can two expert investors guess how much these property prices REALLY are? We took three luxury rentals in the Joshua Tree, California area, hid the price, and had real estate pros take their best guess.Welcome back to another episode of “The Price (of the Property) is Wrong!” where Rob Abasolo (Robuilt) forces best friends Jamil Damji and Pace Morby to fight for fame, glory, and the ability to impress him ever so slightly. This time, we’re in the desert, scoping out dusty domains and guessing their price tags! So stick around to see who reigns supreme and who gets burnt. Don’t guess your next property’s price. Instead, work with RentToRetirement to get cash-flowing rental properties that’ll help you reach financial freedom faster. Give them a call at (800) 311-6781 or visit renttoretirement.com to view available properties. ~~~~Find Cash-Flowing Properties TODAY with RentToRetirement: renttoretirement.com ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Hear Jamil On The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media~~~~Subscribe To The “On the Market” Channel:youtube.com/@BPOnTheMarket ~~~~Check Out the Last Episode of “The Price (of the Property) is Wrong!”:youtu.be/OLpg9Ae6vuo ~~~~Grab Pace’s New Book, “Wealth without Cash”:get.biggerpockets.com/5fbfac0b-e728-4076-a4e7-523387e33104/?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with Jamil and Pace on BiggerPockets and Instagram:Jamil: BiggerPockets: biggerpockets.com/users/jdamji?utm_source=youtube&utm_medium=description&utm_campaign=noneInstagram: @jdamji or instagram.com/jdamji Pace: BiggerPockets: biggerpockets.com/users/pacej?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @pacemorby or instagram.com/pacemorby00:00 The Price of the Property is WRONG02:28 1. Discounted Desert Domain in Yucca, CA07:42 2. Joshua Tree Short-Term Rental13:45 3. Bachelorette House with a Bright Interior
How to Invest in Real Estate (Tax-Free!) Using Retirement Funds BiggerPockets 2023-05-25 | Episode #770Did 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 deals using other people’s retirement funds. This is a $40 trillion untapped opportunity, so don’t miss out!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Get Your Tickets for BPCon 2023!biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Grab the BRRRR Book:store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media ~~~~The Self-Directed IRA: What You Should Know About This Wealth-Building Tool:biggerpockets.com/blog/self-directed-ira?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How to Invest in Real Estate With a Self-Directed IRA:biggerpockets.com/blog/self-directed-ira-real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with Kaaren:udirectira.com ~~~~Connect with David and Henry on BiggerPockets:David:biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=noneHenry: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow David, Henry, and BiggerPockets on Instagram:David: @davidgreene24 or instagram.com/davidgreene24 Henry: @thehenrywashington or instagram.com/thehenrywashington BiggerPockets: @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-770?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:31 Quick Tip02:55 Wage Worker to Wealth Builder13:17 Kaaren's Current Portfolio15:07 The Self-Directed IRA Explained19:56 Deal Deep Dive27:48 The $40T Investing Secret31:38 A Faster Way to Fund Your Deals33:06 What You MUST Avoid41:01 Connect with Kaaren!42:16 Use Your IRA On Your Next Deal!
THIS type of property is the easiest to sell #shorts #biggerpockets #realestate BiggerPockets 2023-05-24 | ...
Summer 2023 Housing Market Forecast | This Could Change EVERYTHING BiggerPockets 2023-05-24 | Start investing in short-term rentals today at theshorttermshop.com/bp/.Housing market forecasts are starting to get a little...weird. Mortgage rates and home prices might rise, but new listings are falling off a cliff. Some real estate markets are still seeing hot buyer activity, with bidding wars going off on every other home. Other markets are watching their prices nosedive as buyers wait for the dust to settle before bidding. This isn’t a normal housing market, but that’s not stopping Dave Meyer from making some data-first predictions.As the VP of Data and Analytics at BiggerPockets, Dave is always looking at housing data. But this time, it’s stranger than usual. With a recession looming, potential global conflict afoot, and the chance of the US finally defaulting on its debt, we’re not just dealing with regular supply and demand. Dave has taken this all into account and shares five of his top 2023 housing market predictions so you can buy when it’s your best bet!Become a short-term rental investor at theshorttermshop.com/bp/. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~Watch Dave on the “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA~~~~May 2023 Housing Market Update:youtu.be/t6gwd79e8xM ~~~~Dave’s 2023 Housing Market Forecast:youtu.be/XuO2qZFJKDk ~~~~Data Used in This Video:Mortgage Rates: fred.stlouisfed.org/series/MORTGAGE30US Unemployment Claims: fred.stlouisfed.org/series/CCSA Redfin Data: redfin.com/news/data-center ~~~~Connect with Dave on BiggerPockets: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Follow Dave on Instagram: @thedatadeli or instagram.com/thedatadeli FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. fred.stlouisfed.org 00:00 Summer Housing Market Predictions02:17 1. Mortgage Rates Will Fluctuate03:39 2. Home Prices Will Rise...Kind Of05:03 3. Home Sales Will Pick Up But Lose Pace05:44 4. New Listings Will Tank07:05 5. The Market Will Polarize09:04 Could Things Crash?10:05 THIS Could Change Everything
You want to analyze real estate deals like a pro? Check THIS out! #shorts #biggerpockets BiggerPockets 2023-05-23 | ...
How to “Infinitely Invest” with the BRRRR Method (Walkthrough) BiggerPockets 2023-05-23 | Episode #769The 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 the BRRRR method 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: biggerpockets.com/membership-types?utm_source=owned_media ~~~~Sign Up for BiggerPockets Pro and Use Code “ONREPEAT” 👇biggerpockets.com/membership-types?utm_source=owned_media ~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Try the BiggerPockets BRRRR Calculator on Your Next BRRRR Deal:biggerpockets.com/brrrr-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Sign Up for a BiggerPockets Bootcamp:biggerpockets.com/blog/real-estate-investing-bootcamps?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Grab the BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat”!store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media ~~~~Connect with Other Investors, Hard Money Lenders, or Attend a Meetup:Forums: biggerpockets.com/forums?utm_source=owned_media?utm_source=youtube&utm_medium=description&utm_campaign=noneLenders: biggerpockets.com/real-estate-companies/hard-money-lenders?utm_source=youtube&utm_medium=description&utm_campaign=none Meetups: biggerpockets.com/forums/521?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Why the BRRRR Method WON’T Be the Same in 2023:biggerpockets.com/blog/real-estate-751?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Connect with David on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-769?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:01 Infinitely Invest!05:31What is BRRRR?12:18 Where to Find BRRRR Deals 15:32 Signs of a Good BRRRR17:48 Analyzing a BRRRR Deal31:34 How to SUPERCHARGE Your Investing43:42 Expert BRRRR Tips to Try
This State is GIVING AWAY Down Payment Money BiggerPockets 2023-05-22 | Manage your rentals the right way with RentRedi. Click the link below and use code “BPMONDAY” to get 50% off ANY plan: rentredi.com Need a down payment? Well, you’re in luck. If you live in this state, you could get your down payment money handed to you without interest! But you might be a little too late to go and get it. This program was swarmed with first-time homebuyers champing at the bit to buy a primary residence in a state that is already so expensive. So, when will this program be back, and in the meantime, what can buyers do to get down payment assistance on their first home?It’s Mortgage Monday, so Christian Bachelder and David Greene are back to give you the best info possible to unlock a loan that’ll help you build wealth. This time, we’re showcasing the CalHFA program, a state-specific lending program designed to get more people into their first home with ZERO down payment needed. But even if you live outside the state, there are still some stellar options for you to buy with little or no money down!Try RentRedi today and use code “BPMONDAY”: rentredi.com ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~This Mortgage “Clause” Could KILL Your Rental Property:youtu.be/SQOXkw8DOrc ~~~~How Much Do You Need For A Down Payment On A House?biggerpockets.com/blog/down-payment?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~5 Unusual Down Payment Methods Nobody Talks About:biggerpockets.com/blog/unusual-down-payment-methods?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with The One Brokerage:Website: the1brokerage.com Email: christian@theonebrokerage.com ~~~~Work with David:davidgreene24.com ~~~~Connect with Christian and David on BiggerPockets:Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none00:00 Free Down Payments?03:23 How to Find These Opportunities05:34 Down Payment Assistance Programs08:43 Don't Miss This!
The Truth About Full-Time Real Estate Investing BiggerPockets 2023-05-21 | Episode #768Want 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 (biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) 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! ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Ask David Your Real Estate Investing Question:biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Grab David’s Books for Agents:SOLD: store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=owned_media SKILL: store.biggerpockets.com/products/skill-a-top-producing-agent-s-guide-to-earning-unlimited-income?utm_source=youtube&utm_medium=description&utm_campaign=noneSCALE: store.biggerpockets.com/products/scale-successful-agents-guide-leveling-up?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Use the BiggerPockets Calculators to Analyze Properties: biggerpockets.com/rental-property-calculator?utm_source=owned_media ~~~~Past Episodes Mentioned in Today’s Show:741: biggerpockets.com/blog/real-estate-741?utm_source=youtube&utm_medium=description&utm_campaign=none 753 (Tax Ep): biggerpockets.com/blog/real-estate-753?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Subscribe to David’s YouTube Channel: youtube.com/@DavidGreene24/featured ~~~~Connect with David on BiggerPockets:David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none~~~~Follow David and BiggerPockets on Instagram:@davidgreene24 or instagram.com/davidgreene24 @biggerpockets or instagram.com/biggerpockets Show notes at: biggerpockets.com/blog/real-estate-768?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro01:58 Quick Tip 02:39 Leaving Your W2 for Real Estate14:41 Turning a Side Hustle into Full-Time Income22:34 DON'T Quit Your Job...Yet31:22 Questions from the Comment Section35:46 3 Things EVERY Agent Must Do40:00 Let Us Know What You Think!
The Passive Income Formula That Makes Me Six-Figure Cash Flow BiggerPockets 2023-05-20 | James Dainard makes an almost unfathomable amount of passive income. From just rental properties alone, James is bringing in a full-time salary in rental property profits MONTHLY, and this isn’t even taking into account his flips or other businesses! But it wasn’t always like this. James went from a broke college student waiting tables at Red Robin to becoming one of the most prominent real estate investors in the Pacific Northwest. Here’s how he did it…James didn’t inherit millions of dollars or win the lottery. He knew that the key to making millions was finding off-market real estate deals, so he started wholesaling. Once he had enough cash to invest himself, he began house flipping. James started with simple properties that any rookie investor could buy, but now, he’s flipping multi-million dollar mansions and walking away with high six (sometimes seven) figure returns as a result.If you want to steal James’ plan for success, stick around! He’ll share exactly what he did to grow his wealth and make millions. You can do it too!~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch~~~~Watch James on the “On The Market” YouTube Channel:youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA ~~~~Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzYApple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704BiggerPockets: biggerpockets.com/podcasts/on-the-market?utm_source=owned_media~~~~Connect with James on BiggerPockets:biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~How I Built a $1.4M/Year Real Estate Business (Steal My Plan):youtu.be/dXq5CPZgq0k ~~~~How I Built an 1,800-Unit Rental Property Empire (Steal My Plan):youtu.be/Zq6XekT0iaU ~~~~Learn More from James:jamesdainard.com~~~~Subscribe to ProjectRE with James Dainard:youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A~~~~Follow James on Instagram:@jdainflips or instagram.com/jdainflips 00:00 Red Robin Waiter to 1,000 Rentals00:40 The Passive Income Formula03:40 Creating Cash Flow05:44 Build Equity, DON'T Buy It07:51 Bigger Deals, Better Profits09:11 Steal My Plan!
2023 Multifamily Market Update BiggerPockets 2023-05-18 | Episode #767The 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. ~~~~Join BiggerPockets for FREE 👇biggerpockets.com/signup?utm_source=owned_media~~~~Expand Your Investing Knowledge With the BiggerPockets Books: store.biggerpockets.com/?utm_source=owned_media ~~~~Find an Investor-Friendly Agent in Your Area:http://biggerpockets.com/agentmatch ~~~~Grab the 27 Questions to Ask a Property Manager:biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Hear Our Asset Management 101 Episode:biggerpockets.com/blog/real-estate-739?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Multifamily Real Estate Is At Risk Of Crashing — Here’s Why:biggerpockets.com/blog/multifamily-real-estate-is-on-the-brink-of-crashing?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Self-Management vs. Property Management Company:biggerpockets.com/blog/property-management-vs-self-management?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~Work with Angie and SMP:smpmgt.com/en ~~~~Connect with Andrew:BiggerPockets: biggerpockets.com/users/andrewc58?utm_source=youtube&utm_medium=description&utm_campaign=none LinkedIn: linkedin.com/in/andrew-cushman-959471a Vantage Point Acquisitions: vpacq.com ~~~~Connect with Matt:BiggerPockets: biggerpockets.com/users/mfaircloth?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @themattfaircloth or instagram.com/themattfaircloth DeRosa Group: derosagroup.com ~~~~Show notes at: biggerpockets.com/blog/real-estate-767?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro02:22 Quick Tip 03:03 2023 Multifamily Market Update11:43 When Will Prices Start to Fall?17:43 Grilling Goats in a Rental Unit?!22:45 Property Management 10128:26 How to Choose a Property Manager34:24 Owners, AVOID Doing This 39:28 Crime, Lawsuits, and Insurance42:33 Self-Managing? Not So Fast...49:32 Connect with Angie!50:00 Do THIS on Your Next Deal
