Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake built a rental property portfolio that brings in over $200,000 a year in rent and provides Jakes with a full-time salary’s worth of passive income. But Jake wouldn’t have done any of it if it weren’t for his family—specifically his brother. Jake’s older brother has been his “why” for as long as he can remember. He broke through barriers and was able to achieve what most thought impossible of someone with autism. This gave Jake the confidence to go after goals that others told him weren’t achievable. And now, after three years, a lot of work, and some serious goals, Jake has a real estate portfolio that would have taken most investors decades to build. But it didn’t come without its struggles. From financing blunders to pipes bursting and flooded basements, this episode will open you up to the realities of building a sizable rental portfolio. But, if you’re willing to take risks like Jake, pivot when possible, and build a team of investing experts, you too could replace your W2 income with real estate profits in just a few years!  In This Episode We Cover: How to build a sizable real estate portfolio in three years or less Knowing your “why” behind investing and why you NEED one to be successful How to save up for a down payment and why side jobs are a MUST when building wealth Live-in BRRRRs and capitalizing on equity to build your portfolio even faster  Investing out of state and why balancing cash flow with appreciation is a must The “snowball” method that Jake used to buy properties faster than most investors What to do when no one will finance your loan and why you should always have a great relationship with your banker And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Network with Other Investors at a BiggerPockets Meetup Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Investing in Real Estate with No (and Low) Money Down by Brandon Turner SCALE by David Greene Connect with Jake: Jake's BiggerPockets Profile Jake's Instagram Jake's Facebook Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-746 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

There is an almost fool-proof way to invest in real estate in 2023. It requires very little money down, no experience in investing, and can be used over and over and over again to build millions of dollars in real estate wealth. The strategy? House hacking! Real estate millionaires agree that this strategy is the BEST way to get started investing and can help launch you to the next level of financial freedom. You DON’T need a ton of time or money to house hack, and doing so could set you up for life. And if you think our empire-building hosts, David Greene, Henry Washington, and Rob Abasolo, aren’t spitting facts, think again. All three of these investors started house hacking and credit it as the greatest move they made to build wealth. But how does house hacking work, and if it’s such a smart move to make, why isn’t everyone doing it? In essence, house hacking allows you to monetize your living space. So, you get paid to have a mortgage instead of paying a mortgage. This could mean renting out your spare bedrooms, Airbnb-ing your mother-in-law suite, or buying a duplex and renting out the other side. And during a time when mortgage rates are higher than many of us have seen before and housing affordability is at an all-time low, house hacking can become your savior of savings, helping you keep more money every month. This compounded savings allows you to buy even more real estate, build your dream portfolio faster, and retire earlier than you thought. So, if you’re ready to invest in real estate, don’t sleep on house hacking!  In This Episode We Cover: House hacking explained and why it’s the EASIEST real estate investing strategy of 2023 Investing in real estate with no and low money down and why house hacking is the perfect starter option The different ways to house hack, from buying a duplex to renting out rooms How to find and analyze your house hack to ensure it’s paying for itself The best housing markets for house hacking and why you DON’T need to cash flow The house hack stack and the secret to building a multi-million dollar portfolio over just a few years And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Henry's BiggerPockets Profile Henry's Instagram Try the BiggerPockets Real Estate Calculators on Your Next Deal How to Start a Real Estate Portfolio with Just $10K Books Mentioned in the Show: The House Hacking Strategy by Craig Curelop Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-745 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s the key to escaping the rat race in 2023? Do you need a rental property LLC for every property, or can you put multiple in one? And how do you create cash flow when housing prices are so high? For the everyday real estate investor, it can seem like profitable rental properties are getting harder and harder to find, and financial independence is slowly slipping away. And while many would give up on their pursuit for early retirement, time freedom, and autonomy over their schedule, we’re here to give you the knowledge you need to hit your wildest investing goals in 2023. We’re back with another Seeing Greene, where your agent, investor, broker, and system-building savant, David Greene, answers your real estate investing questions on the spot! In this episode, we’ll touch on rental property LLCs and how many properties to put in each one, what to do when home prices are high, and cash flow is low, the “new build BRRRR” that could create crazy equity gains, and a smarter way to shop for landlord insurance. All that (and much more) is coming up, so stick around! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Where to buy your next rental property and how to create cash flow Setting up your rental property LLCs and how many you’ll really need The build, rent, refinance and repeat BRRRR strategy that could produce massive equity Why bigger is better and the reason you should ALWAYS shop for rentals with more rooms How to provide value to your mentor (even if you don’t have real estate experience) Landlord insurance and when a commercial policy trumps individual coverage Building systems for your real estate business and a practical way to start systemizing TODAY And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Top 10 Real Estate Markets for Cash Flow in 2023 The BiggerPockets Guide to Landlord Insurance Sign Up for David’s 2023 Scottsdale Goal Setting Retreat Book Mentioned in the Show: SOLD by David Greene SKILL by David Greene SCALE by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-744 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The BRRRR method is one of the most celebrated, highly-effective real estate investing strategies the world has ever known. Never heard of it? BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat” and is a simple framework to allow any real estate investor, no matter their skill level, to get into real estate investing for no money at the end of the deal. This down payment recycling system allows you to use the same amount of cash to build a real estate portfolio that’ll expand to infinity. And for a while, the BRRRR method was yet to be bested—until now. Janice Stitzer may have cracked the code. As a house-hacking California native, Janice was pushed out of the golden state right before the last crash when housing prices were high, cash flow was low, and traffic was at a standstill. She and her husband decided to boost their quality of life by relocating to Colorado, where they started a construction company and a BRRRR-ing empire. Then in 2008, when lending screeched to a halt, her BRRRRs died down. But some years later, a new idea hatched—the BRRRR 2.0. Using this simple strategy, Janice got a brand new short-term rental that cash flows like crazy, all while gaining $200K in equity before her first guest checked in. This repeatable system can be used by almost anyone and doesn’t require much experience. With just five properties, this “BRRRR 2.0” investing style could make you a millionaire. But you won’t know how it works if you don’t tune in! So, stick around! In This Episode We Cover: The BRRRR 2.0 method and how it unlocks MASSIVE amounts of equity  House hacking in expensive markets and the lowering your cost of living (even in LA) The BRRRR strategy explained and why it’s still one of the most profitable ways to invest The five things to look for when developing land or investing in new construction  Why you NEED a great general contractor at your side ANY time you plan on building  Short-term rental investing and why the cash flow beats consistent long-term rentals  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter How to Succeed in Real Estate Investing Using the BRRRR Method 14 Questions to Ask Before You Hire a General Contractor 4 Vital Points to Consider BEFORE Getting Into New Construction Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Janice: Janice's Instagram Janice's Website   Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-743 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial freedom is the goal we’re all after. Whether you want to replace your nine-to-five income, retire your spouse or family members, spend more time with your loved ones, or just have enough money to travel the world, reaching financial independence is truly the American dream. And the wisest, most stable way to find financial freedom? Real estate investing! For generations, rental property investing has been the foundation of many millionaires’ portfolios, and you can repeat their path with four simple steps. To give you the complete rundown on the four steps to financial freedom, we’ve got Dave Meyer, VP of Data and Analytics and host of On the Market, on the show. Dave embodies the financially-free life most people dream of. He lives abroad, chooses to work, and eats copious amounts of sandwiches every day. But what most people don’t see is the decade of hard work and dedication that Dave put in to get up to this point.  Dave will explain exactly how to calculate the passive income you need to find financial freedom, where to start investing in real estate, how to analyze a real estate deal from scratch, and the one tool that EVERY investor can use to build a rental property portfolio faster. If you want to become a real estate pro in 2023, sign up for BiggerPockets Pro and use code “ANALYSIS20” for a special discount.  In This Episode We Cover How to achieve financial freedom through real estate in 2023  Calculating your FI number and setting the RIGHT type of real estate goals Picking your real estate market and metrics you MUST use when researching  Finding real estate deals and the LAPS funnel professional investors use to find perfect properties How to analyze a real estate deal in minutes using the BiggerPockets rental property calculator  Cash flow vs. appreciation and which you should pick when deciding on your investment strategy  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-742 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The golden age of cash flow real estate investing could be over as we know it. For the past decade and a half, landlords got used to buying standard homes that made a killing in cash flow. Combine that with exponentially appreciating home prices, and anyone who purchased a property in the past ten years looks like an investing oracle. But now, the tide is starting to turn, and rookie real estate investors are struggling to find any house in almost any market that can cash flow. So what happened, and why has the nation’s cash-flowing real estate suddenly disappeared?  Welcome back to another Seeing Greene, where your “don’t just go for cash flow” host, David Greene, is back to drop some real estate knowledge for ANY level of investor. In this episode, we get into why it’s so challenging to find real estate deals that cash flow in 2023, when to invest in an appreciation vs. cash flow market, and whether or not to sell a property that isn’t profitable. Then, we switch gears and touch on how to vet a private lender you met online and whether or not an out-of-state rental rehab project is too risky for a brand-new real estate investor.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The “Golden Age” of cash flow and why it might finally be over in 2023 How to pivot when you can’t find a “deal” in today’s housing market Cash flow vs. appreciation markets and which makes for a better long-term bet What to do when your rental property isn’t profitable and how to know it’s worth selling Vetting private money lenders and why you should NEVER send money to one Out-of-state renovations and rehabs and why rookie real estate investors should stay clear of them Delayed gratification and why it’s the true path to building wealth  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Cash Flow vs. Appreciation Ability to Delay Gratification Predicts Wealth, Health & Success Book Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-741 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

SVB’s (Silicon Valley Bank) collapse has more to do with the housing market than you think. With bank runs becoming contagious, Americans in fear of economic turmoil, and a recession now closer on the horizon, assets like real estate could be affected in ways that most everyday Americans don’t realize. But, to understand what could happen to home prices and the US economy, we’ll need to explain the entire situation. Back on as expert guests, J Scott, multi-decade investor, and Scott Trench, CEO of BiggerPockets, are here to share their takes on the SVB’s meltdown. More importantly, they explain the events leading up to this bank collapse, how the pandemic created fuel for this future fire, and whether SVB’s collapse could cause a chain reaction that leads to more bank failures, harder economic times, and, surprisingly, higher mortgage rates.  J and Scott debate whether or not more small banks are at risk, what could happen to HELOCs (home equity lines of credit), mortgages, and other financing options, and whether or not real estate will go down with the ship as our economic situation goes from bad to worse. And, if you’ve been saving up for your next investment property, stick around as J and Scott walk through how real estate investors should be using their money in troubling times like today. In This Episode We Cover: SVB’s collapse explained and how it could drag us into a deeper recession  The effects on real estate and whether or not prices will drop as a result Mortgage rate predictions and the Fed’s shaky decision to raise or halt rates  HELOCs (home equity lines of credit), mortgages, and other property financing options that could be in danger  Whether or not we’re in a recession, and if we aren’t, when the recession could hit Investing in real estate in 2023 and the moves you MUST make to protect your investment  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Watch J’s First Interview with BiggerPockets How Did A $200B+ Bank Collapse In 48 Hours? Is Real Estate Going To Be Impacted? Books Mentioned in the Show: Recession-Proof Real Estate Investing, Flipping, and More by J Scott Connect with Scott & J: J's BiggerPockets Profile J's Website Scott's BiggerPockets Profile Scott's Instagram Hear Scott on the BiggerPockets Money Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-bonus-svb Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Quinn turned $500 into over forty rental properties without rich relatives, a winning lottery ticket, or a magic genie. Like many investors after the 2008 crash, Eric was left flat broke, with an unbelievably high adjustable mortgage rate, hundreds of thousands in credit card debt, and just a few hundred dollars to his name. His “bed,” a pile of clothes in an empty apartment, was the one thing that could comfort him while digging himself out of the housing market hole he fell into. Now, Eric’s life looks a little different. With dozens of cash-flowing rental units, even Eric questions how he got here. His story includes selling snakes, dealing drugs, storage wars, terrible real estate deals, and bad debt, but at the end of it, thanks to making the perfect pivot, he came out on top. He made almost every real estate investing mistake in the book, from buying a property he knew nothing about to purchasing fifteen rental properties in one month (don’t do this) and taking risks that were never worth the reward. But Eric isn’t here to cry over spilled milk. Instead, he’s here to share EXACTLY how he made it out of a horrible situation and turned his life around to build wealth, have time freedom, and live without worrying. You might be feeling a bit like Eric did, and if you want to know the mistakes you should avoid and the moves you should make to get in a better position, tune into today’s episode! In This Episode We Cover: How to build wealth when starting from ZERO (or in SERIOUS credit card debt) Storage wars and making thousands flipping items found at auctions The HUGE cash flow of sober living facilities and why they beat regular rental properties Becoming a real estate agent and why you HAVE to go all in if you want to make more money Purchasing portfolios and the big mistake Eric made that cost him hundreds of thousands Property inspections and why you NEVER use a residential inspector on a commercial property And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Henry's BiggerPockets Profile Henry's Instagram How to Start a Sober Living Home 22 Doors After “Starting from Negative” Property Inspections—Why They’re Vitally Important & How to Get the Most Out of Yours Book Mentioned in the Show: The Gap and The Gain by Dan Sullivan Who Not How by Dan Sullivan  Connect with Eric: Eric's Instagram Eric's Facebook Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-740 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The way you manage your multifamily real estate could be the defining factor when growing a bigger portfolio, reaching financial freedom, and leaving a lasting legacy. The “DIY management” style works for most real estate investors until they build a significant stack of multifamily properties. Then, the toilet calls, tenant complaints, and late rent checks get a little exhausting when you’re now taking care of dozens of tenants, not just two or three. So, what’s the right way to scale with multifamily real estate without losing your hair? We’ve brought back multifamily investing experts Andrew Cushman and Matt Faircloth to explain how new multifamily investors can start to scale by making some strategic hires. Both of these battle-tested investing experts have dealt with their fair share of flaky property managers, late maintenance technicians, and asset managers who care more about a paycheck than building a profitable portfolio. They know exactly what does (and doesn’t) make a good hire and how you can start scaling quicker by outsourcing work you once thought crucial for an owner to do. Andrew and Matt break down the difference between a property manager and an asset manager and explain why these roles are commonly confused. They also hit on how essential operations are at a time when cap rates are starting to expand and many buyers have fled the market. Finally, they’ll walk through the exact skills you should be looking for in an asset manager, property manager, leasing agent, and maintenance supervisor, so you can focus on growing your portfolio, NOT handling the day-to-day hiccups.  In This Episode We Cover: Asset management vs. property management and how these two separate roles create investing synergy  The changing multifamily market and how “buying a deal” isn’t as easy as it was before What small multifamily investors can do NOW to build the road to a bigger portfolio  Hiring a property manager and the twenty-seven questions you MUST ask them before you bring them into your team  Attitude over skills and how to find the rockstars that want to build your real estate portfolio Incentivizing success and making sure your workers are paid for increasing value and cash flow  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David What Is a Real Estate Investment Asset Manager? Get your free copy of the 27 Questions You should ask a Property Manager Book Mentioned in the Show: Raising Private Capital by Matt Faircloth Connect with Matt and Andrew: Andrew's BiggerPockets Profile Andrew's LinkedIn Vantage Point Acquisitions Matt's BiggerPockets Profile Matt's Instagram DeRosa Group Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-739 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a real estate portfolio in 2023 isn’t as easy as it used to be. Without the free-flowing deal flow of the past decade, real estate investors need to try more intelligent strategies to snag properties that can help them reach financial freedom. To help them hit their goals, expert investors David Greene and Rob Abasolo have been coaching a small group of real estate mentees on their journey to build a robust property portfolio. Over the past three episodes, we’ve seen them build their buy boxes, decide on markets, formulate offers, and level up their investor skills. At the end of this ninety-day journey, our mentees have made some profound revelations. We start with Philip, who’s been struggling to find a worthwhile campground to get under contract. He’s been able to wrangle in a deal, but it comes with “hairy” circumstances that could allow him more bargaining power when negotiating with the seller. Next, Wendy is back on her hunt for a house hack. After viewing potential properties in the Las Vegas area, she’s had to pivot her investing strategy to tackle something that comes with lower costs. And finally, Danny joins us to talk about two “offensive” offers he made and the “pickle jar” method that investors should know about before negotiating with a seller. All of the mentees have made MASSIVE strides in their real estate investing journeys, but what comes next is entirely up to them. Stick around to hear how they got ahead of the game, what made the most significant difference in their property searches, and how they’re gearing up to tackle even bigger deals throughout 2023! In This Episode We Cover: Negotiating with a seller and what to do when hidden costs pop up during your due diligence Networking with other investors and the MASSIVE benefit that comes with it House hacking, medium-term rentals, and what to do when struggling to find cash flow Pivoting your rental property strategy and why you should NEVER make an offer unless the numbers make sense Making “offensive” offers and why lowballing isn’t always such a bad thing Building your “buy box” and keeping it flexible enough, so you’re still able to get properties under contract Analysis paralysis, outsourcing, and what will stop you from making it in real estate And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob’s BiggerPockets Profile Rob’s YouTube Rob’s Instagram Rob’s TikTok Rob’s Twitter BiggerPockets Podcast 708 Part 1 BiggerPockets Podcast 719 Part 2 BiggerPockets Podcast 726 Part 3 Connect with Our Mentees: Danny's BiggerPockets Danny's Instagram Philip's BiggerPockets Philip's Instagram Philip's Website Wendy's BiggerPockets Wendy's Instagram Wendy's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-738 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2023 housing correction could be the PERFECT time to invest in real estate. Don’t believe us? Maybe you’ll be more convinced by Dave Meyer, VP of Data and Analytics at BiggerPockets and real estate investor who got his start right after the 2008 housing market crash. For a fresh-out-of-college Dave, this was one of the scariest purchases he could have ever made. Right off of the Great Recession, no one knew which way the housing market would head, but because Dave took an educated, data-backed risk, he’s been rewarded handsomely with passive income. And if you’re like most new real estate investors, you want to find financial freedom and spend more time doing what you love while building wealth in the background. Now, with skittish sellers and high mortgage rates scaring away many would-be-homebuyers, you can pick up real estate deals that could propel your wealth forward for years to come. And in this webinar, Dave will show you EXACTLY how to find, analyze, and finance your real estate deals. He’ll also dive deep into the data behind today’s housing market and prove why now may be one of the BEST times to buy real estate in years. Now is YOUR time to start building wealth. Don’t sit on the sidelines while others are reaching financial freedom. Become a BiggerPockets Pro member and get access to exclusive rental property calculators, lease templates, property management software, and access to bootcamps that will take your knowledge to the next level. Sign up for BiggerPockets Pro and use code “INVEST23” for 20% off and a special gift from Dave!  In This Episode We Cover: How to find financial freedom in ANY housing market (even in 2023!) The housing market correction that could be a BIG OPPORTUNITY for buyers Whether or not buying in today’s housing market is a smart move to make Mortgage rate fears and how to combat a high monthly payment with seller concessions Strategies that work in today’s real estate market and the five ways to profit with real estate How to analyze a rental property investment with the BiggerPockets calculators And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Dave's BiggerPockets Profile Dave's Instagram Hear Dave on the “On the Market” Podcast Subscribe to the “On The Market” YouTube Channel BiggerPockets Rental Property Calculator Estimate Rent Easily with the BiggerPockets Rent Estimator Join BiggerPockets Pro and Use Code “INVEST23” for 20% off and a special gift from Dave Books Mentioned in the Show Real Estate by Numbers by Dave Meyer and J Scott Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-bonus-housing-crash Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Lewis Howes has made a career taking the insights of millionaires and masters of crafts and turning them into digestible, actionable steps that everyday Americans can use to achieve their dreams. He’s talked to investing moguls, sports icons, mindset authorities, and everyone in between. Through doing this, he’s become an expert on building the mental landscape that makes you successful, accountable, and ready to make meaningful action in the world. He knows what it takes to build wealth, get rich, and start eight-figure businesses. And he also understands why you may not be ready to achieve your wildest dreams. Lewis Howes knows most people aren’t ready to get rich. It’s not because they aren’t smart or savvy enough at investing. It’s because there’s something missing deep down—something they didn’t even know about. And Lewis has real-world experience with this struggle. He was flat broke only fifteen years ago, sleeping on his sister’s couch, watching his dreams of becoming a professional athlete slip away. He even got caught by his first mentor stealing food after a speaking event when he didn’t have enough money to eat. Fast forward to today, and Lewis is a best-selling author, owner of a multi-million dollar business, and gets paid more in an hour than most Americans make in a year. So what changed? What steps did Lewis take to accomplish this unbelievable feat, and what can YOU do to repeat the same system that led Lewis to greatness? All that (and more) in this episode!  In This Episode We Cover: How Lewis Howes went from flat broke to multi-millionaire  Why you’re NOT READY to get rich (and what you can do to change that) The importance of getting a coach and why tenaciously leveling up your skills is crucial to success Breaking out of rock bottom and how to build wealth when starting from zero The three steps to greatness that will help you achieve any dream  The one skill Lewis says you MUST have in today’s modern world  Pushing past fear and how judgment stops so many from fulfilling their destiny  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob’s BiggerPockets Profile Rob’s YouTube Rob’s Instagram Rob’s TikTok Rob’s Twitter BiggerPockets Podcast 405 with Lewis Howes How Can You Achieve a Mindset for Investing Success? Mastering These 2 Skills Is Critical to Success in Real Estate Investing 4 Key Ways to Build Wealth in Real Estate Book Mentioned in the Show The Greatness Mindset by Lewis Howes Connect with Lewis: Lewis' Instagram Lewis' LinkedIn Lewis' Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-737 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this month’s BiggerNews, the mortgage rate rollercoaster continues, ChatGPT tries to take your job, Facebook tells investors to get lost, and David discusses his love-hate relationship with Jack in the Box. That’s right, we’ve crammed in all the most important news for real estate investors, including AI realtors, dangerous fast food options, and why buyers and sellers keep pushing down hard on both pedals. David Greene and Dave Meyer will go down the real estate rabbit hole, discussing the most important headlines affecting today’s housing market. Welcome back to BiggerNews, where we touch on the facts, data, and everything else affecting real estate investing. This time, the Dave duo hits on why mortgage rates shot down earlier this year and what’s causing them to rise again, plus what this will do to buyers and sellers who are waiting to get into the market. Then, we’ll hear how the BRRRR method could be in danger as new mortgage rules make a cash-out refinance far harder than before. Ever thought, “We need more artificially conscious investors.” If so, you’re in luck! We’ll touch on how ChatGPT could allow an influx of sub-par investors to enter the market. And if you’ve been waiting for a revival of Craigslist, stick around. New rules that Meta (Facebook) announced recently may deal a blow to real estate sellers on the popular platform. Finally, David and Dave will give their take on Biden’s new “Renters Bill of Rights,” which could create more protections for renters but with the side effect of rent control for landlords. All these stories could have SERIOUS impacts on the housing market. Whether you’re an investor, realtor, renter, or homeowner, this is news you need to know about! In This Episode We Cover: Mortgage rate updates and what’s causing the interest rate volatility affecting investors New cash-out refinance rules that could make the BRRRR method even more challenging  Why Meta is cutting support for real estate sellers (and what this means for off-market investors) The Biden Administration’s new renter bill that could create housing markets dead zones for investing  Chat GPT’s opportunity for investors and how it could harm those that are running the best real estate businesses  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Dave's BiggerPockets Profile Dave's Instagram Hear Dave on the “On the Market” Podcast Subscribe to the “On The Market” YouTube Channel 2023 Mortgage Rate Outlook: Could Rates Drop? Biden’s “Renters Bill of Rights” Is Here — Is Nationwide Rent Control Coming? How to Succeed in Real Estate Investing Using the BRRRR Method Why Rent Control Doesn’t Work - Freakonomics Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-736 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Which rental property “deal-breakers” could kill your cash flow? When is the right time to stop saving and start investing? And what should you do once you’ve hit your passive income goals? These are all questions that everyday real estate investors like you are asking, and on this episode of Seeing Greene, David will provide all the answers you need. So whether you’re just getting started, questioning when to invest, or ready to retire early but don’t want to regret the decision, this is the episode for you! David Greene, your expert investor, agent, broker, and podcast host, can help you reach your wealth-building goals faster than ever. This time, David outlines the three pillars of saving and investing and how following this simple guideline can stop you from losing all your wealth in one fell swoop. Next, we debate whether or not paying off a rental property makes sense in today’s unstable interest rate environment and how inflation is making real estate investing more challenging than ever before. Finally, we touch on rental property “deal-breakers” and what your agent should tell you before you buy a deal. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Saving vs. investing and when it’s time to pull the trigger on a rental property The three pillars of money management and why you ALWAYS need emergency reserves Paying off your rental property and what to do with six figures in yearly cash flow Inflation, rising prices, and how intelligent investing protects you against an environment of easy money Unpermitted renovations and whether or not a deal is worth it with one Real estate agent red flags and what to do if your agent isn’t looking out for your best interest Negotiating through agents and how to get your point across when talking through middlemen And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David BiggerPockets Podcast 674 with Ashley Hamilton BiggerPockets Podcast 353 with Tim Rhode BiggerPockets Podcast 717 Should I Pay Off My Mortgage Or Invest In Another Property? Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-735 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

There are a few real estate investing red flags that an investor should ALWAYS look out for. If you don’t, you could end up in the same situation as David Pere, who just finished off a four-year lawsuit after a seller tried to get rid of a deal that wasn’t even worth the dough. But David wasn’t a rookie when this happened. This was David’s third deal after having multiple units under his belt. And even though he was able to walk away from the lawsuit, the downsides, years of stress, and wasted opportunity is what he wants to make sure you DON’T repeat.  This deal didn’t look fishy at the start, but as soon as closing came, difficulties started to crawl out of every nook and cranny of this property. Made-up leases? David’s got them! Weirdly intertwined relationships between sellers and property managers? It’s there too! Repairs that never got made? You bet! And this isn’t even the worst of the deal gone wrong. The story gets even more unbelievable, fraudulent, and downright confusing as David spills the tea. But this isn’t a pity party. All while this lawsuit was happening, David has been scaling his rental property portfolio, reaching financial freedom, and still doing the best he could to build wealth. This story is NOT meant to scare you off from investing but to show you that any deal, no matter how bad it gets, can be a learning lesson that allows you to reach your goals even faster!   In This Episode We Cover: The “more doors” trap and why scaling bigger isn’t always the best move Lease options explained and why a seller would risk signing one  Mixed use real estate and the multiple streams of income that come from one property  Why you should ALWAYS get your team into a deal before you sign the contract  Red flags David missed that you should ALWAYS look out for when buying a new property Taking a seller to court and what to do if you find out there’s fraud in your deal  Why savvy buyers (and sellers) always document EVERYTHING said in a negotiation  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob’s BiggerPockets Profile Rob’s YouTube Rob’s Instagram Rob’s TikTok Rob’s Twitter Case Notes The 6 Best Ways to Minimize Your Chances of a Lawsuit 3 Strategies for Using a Lease Option to Invest in Real Estate Creatively Investing in Mixed Use Commercial Property Book Mentioned in the Show The No B.S. Guide to Military Life by David Pere (For FREE!) Connect with David Pere: David' BiggerPockets Profile David's Instagram David's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-734 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The housing market is heating up as homebuyer season comes back in full swing. For the past few months, most real estate investors have assumed that high interest rates and low inventory would stop first-time homebuyers from making offers on houses. But, most of us assumed wrong. At the start of this year, demand started picking back up, causing investors to pivot to get offers in quickly. So, if you’ve been waiting to buy your first or next deal, now may be the perfect time to start analyzing properties, sending in offers, and getting your property portfolio started. But you can’t do it without an elite agent! We brought in three of the nation’s top agents to tell us what’s happening in their markets, what types of deals they’re doing, and how you can make the most off your next purchase. We first welcome back Dahlia Khalaf from ASN Realty in Tulsa, Oklahoma. She’s recently helped a client get into a “double dip deal” that resulted in tens of thousands in profit on a deal that almost any beginner investor could do. But they had to get creative to find it! Next, we bring back Rob Chevez from Washington, D.C., who’s worked out an interestingly debt-ridden real estate deal to help his investor client pull in some SERIOUS cash flow from short-term renting. And lastly, who could forget about our own David Greene? He’s California’s favorite real estate agent, and his team has been using the house hacking strategy to help first-time homebuyers subsidize a SIGNIFICANT portion of their mortgage. Even better? This deal required no money down and allowed his clients to lock in a low mortgage rate and a low cost of living while in one of America’s most expensive cities, San Diego. If you want a home run deal like any of the ones discussed on today’s show, head to BiggerPockets’ Agent Finder to find an elite investor-friendly agent in your area.  In This Episode We Cover Why the housing market is heating up as homebuyers come back with higher demand  Wholetail real estate deals and how to flip a property without ANY renovation costs  How to find off-market deals and targeting homes that have been sitting on the market  Home liens and using them to find sellers who are willing to give a discount on their properties  Whether or not cash flow is still possible in 2023 and which strategies will bring in the highest rents House hacking and using this strategy to lower your cost of living significantly  Rate buydowns, seller credits, and more ways to come to closing with less money  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Dave's BiggerPockets Profile Dave's Instagram Hear Dave on the “On the Market” Podcast BiggerPockets Podcast 697 with Dahlia, Rob, and David Connect with Dahlia and Rob: Dahlia's BiggerPockets Profile ASN ASN Facebook Rob's BiggerPockets Profile Rob's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-733 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to quit your job for real estate? Not so fast. Trading your steady W2 for rental properties could be a risk that isn’t worth taking in 2023. But why? Isn’t the point of property investing to reach financial freedom and leave your W2 behind? Stick around for the full perspective from expert investor David Greene. His advice could save you money and time when deciding whether or not staying at your job is the right move to make! Welcome back to another episode of Seeing Greene, where your favorite agent, broker, Batman-voice-impersonator, and podcast host, David Greene, answers your most-asked questions on real estate investing! This time around, we hear from a new investor who wants to know the best real estate side hustles, a mid-career worker who’s undecided on how he should best use his cash to invest, and we even receive a call all the way from New Zealand on how to pick the best real estate market. David also goes deep into why outsourcing is SO challenging (at first), where the BRRRR method WON’T work, and the problem with coaching programs. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: The best real estate side hustles for investors who want some extra cash What you need to know BEFORE you quit your job to invest full-time Real estate market research and the best cities to invest for cash flow Scaling your business and your portfolio and the secret to outsourcing work Why the BRRRR method WON’T work in certain rental markets Appreciation vs. cash flow markets and when to pick one over the other Whether to buy more rentals, invest in syndications, or put up cash for a coaching program And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David BiggerPockets Real Estate Podcast 718 BiggerPockets Real Estate Podcast 690 BiggerPockets Money Podcast 305 Should You Invest for Equity or Cash Flow? Book Mentioned in the Show Long Distance Real Estate by David Greene BRRRR by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-732 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The last housing crash wasn’t a good time for most Americans. And for Brent Daniels, it was the worst time of his life. Before the crash, he was riding high, making six figures, living in a big house with a new car, and building a real estate brokerage with eighty employees. Then, the market started to tank, and so did Brent’s revenue. He had to let go of all eighty workers, watch his car get repossessed, and witness his wife leaving him. But that wasn’t all. The ten-year office lease for his brokerage was still due, and the owners shackled him with seven hundred thousand dollars of debt. Brent hit rock bottom as his reputation lay ruined, forced to stay with friends to survive. He slowly got back into real estate, making a few hundred dollars here and there. But then, one day, Brent stumbled upon an assignment fee. He watched one of his friends walk away with a five-figure check simply for flipping a contract to an investor. Thus, the wholesaling fire was sparked, and Brent gave up his dreams of becoming a top agent or real estate investor. He hit the phones, finding as many motivated sellers as possible. From there, Brent shares how he built a business that does over a million dollars a year with just four team members, why he doesn’t invest heavily in real estate, and the exact script he uses to get hefty wholesale fees from motivated sellers. Now, with a net worth of over eight million dollars, Brent has proven that no comeback is impossible and that the best foundation for success is rock bottom. In This Episode We Cover: Overleveraging and Brent’s mistakes that made him lose everything in the last crash The toxic “supreme ego” that will push you to take risks that are never worth it Paying off six figures in debt and how to rebuild when starting from below zero  The secret to talking to motivated sellers and the four pillars of negotiation in a deal Cold calling tips and what you should NEVER say to a seller  How to scale a LEAN business that operates almost entirely without you  A glimpse into an alternate universe where Henry Washington is David Greene’s wife  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Henry's BiggerPockets Profile Henry's Instagram The Newbie’s Guide to Wholesaling in 7 Simple Steps 5 Cold Calling Techniques That Really Work 3 Types of Motivated Sellers (& How to Win Deals By Solving Their Problems!) How to Stop Worrying and Start Living Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Connect with Brent: Brent's Instagram Brent's Website Brent's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-731 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to invest in real estate with $10,000? For most people, $10,000 doesn’t sound like enough to start a rental property portfolio. But today, you’ll learn exactly how to turn this easily savable amount of money into the foundation for financial freedom. If you want to know the nine ways you can begin building wealth through real estate with $10,000 or less, stick around! David Greene, Henry Washington, and Rob Abasolo all started their real estate investing journeys without stacks of cash. They had to scrimp, save, and hustle to get to their first property. But, once the cash flow wheel started to turn, all of these investors quickly multiplied their real estate holdings and sailed straight for financial independence. And now, they want to help you do the same! David, Henry, and Rob all share their favorite ways to invest in real estate with $10,000, the risks and rewards of each of these strategies, and pit each method against the others in a strategic showdown on the BEST way to invest in real estate with little money. They even share the fastest ways to save up $10,000, so you can start investing sooner! So if you want to make 2023 THE year you start investing, even if you don’t have much savings, stick around! In This Episode We Cover: How to invest in real estate with $10,000 or less The nine best strategies that rookie investors can use to get their first property  How to save $10,000 and which side hustles will make you the MOST cash  Cash flow vs. appreciation and which markets are worth investing in The “rental arbitrage” strategy that can make you THOUSANDS a month (with a LOW investment) The riskiest ways to get into real estate and which strategies newbies should AVOID  A free way to ensure your success when investing that many people overlook  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Henry's BiggerPockets Profile Henry's Instagram Books Mentioned in the Show BRRRR by David Greene Long-Distance Real Estate Investing by David Greene SCALE by David Greene Investing in Real Estate with No (and Low) Money Down by Brandon Turner Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-730 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The real estate markets that have the highest populations tend to have the highest housing prices. Think of cities like New York, Los Angeles, San Francisco, and Seattle. Just a few years ago, these bustling metros were packed to the brim with tech workers, all of which contributed to housing shortages and sky-high home prices. Now, with remote work the new norm, these big cities are seeing their populations slowly start to siphon out to more affordable housing markets in America. As an investor, you may ask yourself, “where are the most people (and money) headed?” In this episode, Dave Meyer and David Greene will answer this exact question. But, it isn’t as easy as solely looking at population growth. Dave and David go deep into the data to see where businesses, tech jobs, and high salaries are moving so you can make the best bet for future equity plays. And even though it seems like Miami, Austin, and other booming markets have already priced out most investors, recent price drops could be a short-term loss that leads to your long-term gain. But even if you know where Americans are migrating, you’ll still need to know the “why” so you can find future markets fitting these criteria. Dave and David touch on how work from home changed the housing market, why the pandemic split the nation into affordable and unaffordable housing markets, and how something as simple as a warm day could heavily impact where the best investing opportunity is. So stick around if you’re planning on buying, investing, selling, or moving in 2023! In This Episode We Cover: The ten real estate markets that are seeing massive migration even in 2023  The “great reshuffling” and how a nomadic work culture changed America’s housing landscape Work from home’s effect on migration, high-paying jobs, and home prices  How political stances and low/no income tax enticed many Americans to leave their home states The housing markets seeing the BIGGEST population drops and where not to invest  Where businesses are moving, and the sneaky tax incentives states use to entice corporations  Why short-term price drops DO NOT predict the future of the housing market  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Dave's BiggerPockets Profile Dave's Instagram Migration, Inflation, and Why Big Cities Are Losing Their “Desirable” Status Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Real Estate By the Numbers by Dave Meyer Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-729 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You don’t need a hundred rental properties to make a million dollars a year. You can do it with less than ten properties. Sounds insane, right? If so, tune in to hear Jesse Vasquez’s story as he breaks down exactly how he built a seven-figure income stream with fewer rental properties than most medium-sized landlords. He even gives an example of how just two of his rental properties are cash-flowing enough to replace a six-figure salary. So what is he doing differently from the rest? After escaping the “golden handcuffs” of a six-figure healthcare sales job, Jesse knew he couldn’t ever return to the corporate work environment again. He loved the paycheck but was paralyzed by the work and needed an escape that could help him build wealth without sucking his soul. After sparking up a conversation with a traveling nurse, he realized there was an unfilled niche in the medium-term rental space, one that traveling professionals would pay handsomely for. From working in healthcare, Jesse has been able to pinpoint exactly what makes a high-cash flow medium-term rental, which amenities can dramatically increase your rent price, and how to make six figures in cash flow with just a few properties. This deep dive will give you EVERYTHING you need to know before you buy a medium-term rental, how to achieve a near-zero vacancy rate, and the most lucrative way to find tenants that will net you five times higher rent than a regular long-term tenant. In This Episode We Cover: The medium-term rental strategy explained and how it produces so much cash flow Leaving a cushy six-figure job to build a real estate business, not just retire early  How Jesse makes close to a million dollars a year with just nine rental properties  The secret amenities that nurses MUST have to book your property  The exact agencies to call to get your property rented at SIGNIFICANTLY higher rates  How to choose the perfect medium-term rental market and what to look for in local hospitals  Home insurance rental coverage and how to use it to fill up your units FAST  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Medium-Term Rentals—How to Get BIG Cash Flow Out of Small Properties ALE Solutions DANHousing Furnished Finder Stats Book Mentioned in the Show 30-Day Stay by Zeona McIntyre & Sarah Weaver Connect with Jesse: Jesse's BiggerPockets Jesse's Instagram Midterm Rental Summit Jesse's Website Jesse's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-728 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Short-term rental investing is where the big bucks are made. Unlike long-term traditional rental properties, short-term rental hosts can charge higher daily rates, allowing them to lock in far higher revenue. This revenue number grows exponentially the bigger, better, and more unique a property gets. So, a Spanish-style Scottsdale mansion will rent out for a LOT more than a traditional large home. And that’s exactly what we have on this episode of Seeing Greene; a Scottsdale, Arizona mansion bringing in over $300,000 per year! On this special edition of Seeing Greene, David Greene and Rob “Robuilt” Abasolo will give a Deal Deep Dive on their latest partnership property. This massive mansion in sunny Scottsdale was one of the most expensive properties Rob had ever bought, but with the help of David, they’ve been able to turn it into a cash cow, even as headaches pop up. David and Rob walk through the property cost, how they found it, the renovations they made, and how much they expect to bring in this year. They also share guest stories that’ll make you feel sympathy for any vacation rental host, the problem with pool heaters, and what to do when your guest pulls a Glock on your house cleaner. These are the stories most vacation rental hosts won’t tell you, so stick around if you want to hear all the cash-flowing details! In This Episode We Cover: Scottsdale real estate and why David and Rob picked this perfect vacation rental destination  The downside of buying dozens of properties and why one large purchase beats many small ones Finding an investor-friendly agent and why you NEED a rockstar in your real estate market How much David and Rob spent on furnishing, painting, and fixing this property David’s five-point matrix for a profitable rental property Guest horror stories and why you should ALWAYS keep your TV manual And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 680 with Direct Booking Expert, Mark Simpson The Ultimate Guide to Short-Term Rental Properties Airbnb Horror Stories (& How You Can Prevent Your Own) Watch Rob’s Vlog on The Scottsdale Mansion Learn More About David’s Upcoming Retreats Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-727 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Your lowball offer might seem offensive to most sellers. But, when phrased and timed correctly, you’ll be able to lock down real estate deals at the perfect price, sometimes without the seller even knowing it. Unfortunately, most real estate investors make a MASSIVE mistake when negotiating. Too often, they ask for everything they want when making an offer, not knowing there are ways to get an even better price later on. Want to see how this sneaky style of negotiation works? Stick around! We’re back with our real estate mentees as they get one step closer to buying their next property and building their dream real estate portfolio. First, we chat with Philip, who lost out on the perfect deal but now knows a better way to get properties under contract. Then, Danny joins us as he stays on the hunt for a multimillion-dollar multifamily but is struggling to find reasonably priced properties in his area. Finally, Wendy is on as she debates which of her rentals have the best medium-term tenant potential. She also dives into a new market that could be perfect for her high-cash flow house hacking strategy. We also get deep into the mindset of these intermediate investors. We’ll talk about why it’s so hard to let go of a great deal, how to systematize your learning so you’re constantly leveling up your skills (even during a busy day), breaking through analysis paralysis, and why your limiting beliefs are often untrue. So if you want to tee up your next real estate deal like Philip, Danny, and Wendy, tune into this episode!  In This Episode We Cover Why you NEVER submit your final offer when trying to get a perfect property under contract Buying raw land and how to perform due diligence on an untraditional asset  Embracing the chaos and how to build your real estate portfolio with a jam-packed schedule  Why 2023 is the perfect market to write “offensive offers” on properties  Medium-term rental investing and which markets work best for it Analysis paralysis and how your mind tricks you into not succeeding  The ONE thing that most house hacking investors forget when looking for new deals  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-726 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

To invest in real estate, you need to have a strong why. Without it, you won’t get far, and the first fumble that comes your way may be your last. That’s why having a solid reason behind your real estate investing can keep you going while the rest give up. And this is precisely what Suni Rao’s success is built on as a former pro tennis player turned financial analyst and now ten-unit real estate investor. You may think you know her story already since she was a former pro, but you’d probably be wrong. Suni was raised in a household of domestic violence. As a child, she knew that if she only had enough money, she could escape and finally be free of the abuse. So when the opportunity came for her to play pro tennis at a young age, she took the chance without ever looking back. This dream continued until her early twenties, when she was physically forced to give up her goal of winning the world’s biggest tournaments. She took a hard pivot, eventually leading her to climb the corporate ladder, only to have some crushing feedback knock her off. However, none of this stopped Suni from building the life she wanted in the background. After one property came another, and another, and another. Now, with ten units to her name, she’s making massive strides toward financial freedom and is here to tell you exactly how you can do the same.  In This Episode We Cover Financial insecurity and how to regain your freedom through real estate investing  House hacking and using it as a stepping stone to invest in bigger, better properties  Leaving the corporate ladder behind to build your own wealth without an employer  Sports lessons of resilience that any real estate investor can relate to  How to stop limiting beliefs and doubts from derailing your dreams  Why property class matters and how buying in better neighborhoods will make you more  How to “force appreciation” and gain massive equity on your properties  And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-725 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You need to know how to scale your real estate portfolio. You’ve been stuck at the same number of units, dealing with the same problems for far too long. But what can you do? At what point do you reach a limit to the number of rentals you can take on? Is there even a limit at all? For most investors, hitting a wall in your real estate portfolio can feel like the beginning of the end. For David Greene, this just shows that you need to scale a little smarter. And today, he’ll show you exactly how to do it. David, at one point, had a portfolio of over fifty single-family homes. As a result, he was constantly getting calls about evictions, maintenance issues, late payments, and the everyday landlord headaches. He realized that he was spending all his extra cash flow fixing the regularly sprouting problems, so he decided to pivot. Now, he has a cash-flowing, profitable, passive real estate portfolio with multiple types of rentals nationwide and far fewer headaches. Not only that, he’s leading a top real estate agent team, teaching his top agents the same skills in his newest book, SCALE: A Successful Agent’s Guide to Leveling Up Their Real Estate Business. In it, David teaches top agents how to leave the mundane headaches behind and start building a business. But this book isn’t just for agents. If you’re an investor, the same rules apply to you, and learning these skills can help you leverage time, money, and other workers to help you grow an even bigger business. Pre-Order SCALE now, and use code “SCALE724” to get a special discount and access to exclusive pre-order benefits.  In This Episode We Cover: A deep dive into David’s newest book, SKILL How David went from blue-collar worker to seven-figure business owner  The two pieces of any successful system (and the part EVERYONE screws up) Why finding your weakness is the key to unlocking wealth  Learning how to leverage time, money, and workers to build your business bigger The “three dimensions” of scaling and which one you MUST start putting into practice today Fish-cleaning vs. fish-catching and how to adapt your skills when building your real estate portfolio And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter The 5 Things You Need to Build a $1,000,000+ Rental Portfolio Books Mentioned in the Show SCALE by David Greene (Use Code “SCALE724” at Checkout) SKILL by David Greene SOLD by David Greene BRRRR by David Greene Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-724 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2023 recession is both an opportunity and a danger for real estate investors nationwide. Falling prices, rising mortgage rates, and an uncertain housing market have made buying rental properties riskier than at any other time in the past ten years. But, the flip side of this coin is that a lack of buyers and harsh buying conditions makes it easier than ever to pick up homes in grade-A areas, many of which could help you realize massive returns in the future. So, is now the time to buy? Welcome back to Seeing Greene, where expert investor, agent, broker, and author, David Greene, answers your recession-based real estate questions on the spot. We take questions from new investors struggling to find cash flow in today’s challenging market and long-term property owners who don’t know what to do with all their equity. We’ll also hit on the touchy subject of when to quit your job, when you have too much debt to invest, and the difference between a property manager and an asset manager (most people get this wrong!). Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Why cash flow is NOT the most important metric when buying in 2023 Using the recession to snag better deals on homes in appreciating areas  Selling vs. renting and what to do with a house that has heaps of equity  When to quit your W2 and whether or not doing so in a recession is too risky  Overleveraging yourself and why you may want to hold off on investing if you have high debt  Lease options and using them to buy properties from on-the-fence sellers  Asset management vs. property management and how these two titles differ  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job Join David’s Scottsdale Retreat Books Mentioned in the Show SCALE by David Greene SKILL by David Greene How to Invest in Real Estate By Joshua Dorkin & Brandon Turner Recession-Proof Real Estate Investing by J Scott Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-723 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow, cartels, building a real estate empire, and everything in between—this is the story that many have yet to hear. The world of a real estate investor can seem glamorous. There are always so many properties, cash flow, retreats, speaking events, and jam-packed, money-making schedules that most nine-to-five workers would be envious of. However, what you’re seeing is the result, not the journey. What about the seven-day work weeks, the night shifts, the financial stress, the bad tenants, and the failures? This is what made David Greene what he is today. To most, David Greene is the epitome of an entrepreneur. He owns a multimillion-dollar real estate portfolio, multiple cash-flowing companies, and hosts the best real estate podcast ever (we’re not biased). But just fourteen years ago, this was far from his reality. David was waiting tables, working at restaurants, trying to become deputy sheriff, and had no real estate to speak of. He sacrificed almost every weekend to make more money so he one day could own his schedule. In this episode, you’ll hear precisely how David hustled for years to buy his first property, how his first tenant stole thousands from him, the long nights he spent working overtime to save up even more, and how eventually everything clicked, and he started building wealth at record speed. If you want an authentic look into the making of a real estate tycoon without the rose-colored hindsight, this is the episode to tune into. In This Episode We Cover: Investing during the great recession and why most investors wouldn’t touch real estate The worst first-rental property experience ever and why you NEED to screen your tenants Why every investor needs to respect money, not just try to make more of it Doing whatever you have to do to save up, invest, and build a brighter future for yourself  Building the BRRRR strategy and accidentally finding a way to recycle down payments Out-of-state investing and how to pivot when your market becomes too expensive Strengthening your financial foundation so you can invest wisely and work way less Rob and David’s Russian-Mexican Spanish and how to confuse everyone in Latin America And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene Books Mentioned in the Show BRRRR by David Greene Long-Distance Real Estate Investing by David Greene SCALE by David Greene SKILL by David Greene SOLD by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-722 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

A commercial real estate crash is looking more and more likely in 2023. Rising interest rates, compressed cap rates, and new inventory about to hit the market is making commercial real estate, and multifamily more specifically, look as unattractive as ever to a real estate investor. But with so much money still thrown at multifamily investments, are everyday investors going to get caught up in all the hysteria? Or is this merely an overhyped crash that won’t come to fruition for years to come? Scott Trench, CEO of BiggerPockets and host of the BiggerPockets Money Podcast, has had suspicions about the multifamily space since mortgage rates began to spike. Now, he’s on the show to explain why a crash could happen, who it will affect, and what investors can do to prepare themselves. This is NOT a time to take on the high-stakes deals that were so prominent in 2020 and 2021. Scott gives his recommendations on what both passive and active investors can do to keep their wealth if and when a crash finally hits. But that’s not all! We wouldn’t be talking about multifamily without Andrew Cushman and Matt Faircloth, two large multifamily investors who have decades of experience in the space. Andrew and Matt take questions from two BiggerPockets mentees, Philip and Danny, a couple of California-based investors trying to scale their multifamily portfolios. If you want to get into multifamily the right way or dodge a lousy deal, stick around! In This Episode We Cover: The commercial real estate crash and bad news for high-interest rate investors Cap rate compression, rent stagnation, and red flags for the multifamily market  Recommendations for both active and passive multifamily investors How to vet a real estate syndication deal when raising private capital Scaling from small to large multifamily and why the jump is easier than you think Cash flow vs. appreciation and which is a better bet if valuations start to tank Balloon payments, adjustable-rate mortgages, and risky financing options putting new investors in a tough spot And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Understanding Rental Property Depreciation—A Real Estate Investor’s Guide House Hacking 101—What It Is and How to Get Started Your Debt-to-Income Ratio Can Make or Break Your Investing Career On The Market Podcast 65 with Ben Miller On The Market Podcast 71 with Brian Burke BiggerPockets Real Estate Podcast 708 BiggerPockets Real Estate Podcast 719 Book Mentioned in the Show The Hands-Off Investor by Brian Burke Connect with Andrew, Matt, Dave, and Scott: Andrew's BiggerPockets Profile Dave's BiggerPockets Profile Matt's BiggerPockets Profile Scott's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-721 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

How important are mortgage rates to real estate investing? Should I take out as much depreciation as possible to lower my taxes? And what should I do when my DTI (debt-to-income) ratio is too high? You’ve got the questions, and David Greene has the answers! On this episode of Seeing Greene, David goes high-level, getting into the topics like real estate tax benefits, return on equity (ROE), and why loans and leverage are riskier than most rookies think! We’ve got questions from house hackers, BRRRRers, multifamily and commercial investors, and more on this week’s Seeing Greene. First, we hear from a college student trying to house hack in an expensive housing market. Then, a family who has outgrown their space and wants to use creative financing to buy their next primary residence. And finally, a mother concerned that real estate investing could affect her children’s stability. Don’t know what you’d do in these situations? Then, stick around! David’s got the answers! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to house hack even in a high-priced housing market BRRRRing into a higher interest rate and when it makes sense to cash out Creative financing strategies and whether or not they’re worth using for residential real estate Margin loans and when it makes sense to take out leverage from your stock portfolio  ROI (return on investment) vs. ROE (return on equity) and how to value a primary turned rental property House hacking’s effect on family life and when moving isn’t worth the money Bonus depreciation explained and the short-term gain, and long-term pain of big tax deductions And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Understanding Rental Property Depreciation—A Real Estate Investor’s Guide House Hacking 101—What It Is and How to Get Started Your Debt-to-Income Ratio Can Make or Break Your Investing Career Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-720 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to find real estate deals can be challenging for new and experienced investors. For those who want to build bigger portfolios beyond just buying single-family rental properties, finding multifamily, development, or perfect medium-term rental deals can be a struggle. You have to be in the know and have a network full of agents, brokers, lenders, and other investors who can throw deals your way, so you don’t have to dig through the scraps that bigger investors (or investment firms) have left behind. This is a struggle that all three of our ninety-day mentees have faced since we spoke to them last. We’ll be getting updates on all their situations in today’s episode as David and Rob work to get them to their next investments as soon as possible. First, we talk to Philip, who’s still struggling to find adequate land for his future resort. He’s successfully made one offer but has yet to receive a counter. Next, Wendy wants out of turnkey rentals and is looking into more cash-flow heavy real estate investments like medium-term rentals that can provide her the retirement she dreams of. Lastly, we talk to Danny, who’s struggling to connect the dots that will lead to his next property. As an introvert, finding contractors in the field has become challenging, although he has started to reach out to other investors he knows in his area. A common thread in this episode is that ALL our mentees are finding a pain point stopping them from reaching their next property. Of course, what they do next is entirely up to them, but you’ll hear case-by-case advice from David and Rob, which could also help you on your next deal! So if you’ve hit a roadblock on your path to real estate wealth, don’t give up—tune in! In This Episode We Cover: Purchasing raw land and the pros and cons of trying to buy what is worth developing  Private money lending and raising private capital as a way to make more income on the side  How to increase your real estate deal flow and get more properties (or parcels) sent to you The high-cash flow world of medium-term rental investing and why it may be worth converting your units  How to find contractors, real estate agents, and other team members for your next investment  Networking 101 and what introverts can do to build a list of other investors who can help them along their way  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Hear the First 90-Day Mentee Episode Jesse's Instagram Book Mentioned in this Episode 30-Day Stay by Zeona McIntyre & Sarah Weaver Connect with Danny, Philip, & Wendy: Danny's BiggerPockets Profile Philip's BiggerPockets Profile Wendy's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-719 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Most 2023 housing market predictions sound like this, “The sky is falling! Sell everything! Houses will be worth $1 next year! This is just like 2008!” Look at the track record of those who shill predictions like this. These are the same forecasters who have been predicting a crash will happen at some point over the last ten years. Now, with a whiff of fear in the air, mainstream real estate journalists will do anything they can to convince you we’re having a repeat of 2008. However, this is far from the truth. But how could we forecast the 2023 housing market without data? And where there’s data, there’s Dave Meyer, VP of Data and Analytics at BiggerPockets and host of the On the Market podcast. Dave and his team have recently released “The 2023 State of Real Estate Investing Report,” which gives all the housing market data you need to invest successfully in 2023. In it, Dave shares how the 2022 housing market flipped once the Fed raised rates, how supply and demand have been affected, and what we can expect for 2023. Dave will also go over the three investing strategies he feels are more appropriate for investing in 2023, including a completely passive way to invest, a cash flow and appreciation combo, and how buyers can take advantage of this market to get deals at a steep discount. While we can’t predict the future, we can give you our best insight into what you can do to build wealth in 2023. So turn off the mainstream fear forecasting and tune into real news designed to make you richer! In This Episode We Cover: Why 2023 is not a “normal” housing market and the details leading up to today’s state The “levers” that affect home prices and why 2023 is NOT the same as 2008 Seller’s vs. buyer’s markets and where prices are most expected to dip Homebuyer demand and how unaffordability has caused most buyers to sit on their hands Mortgage rate increases and how the Fed is using high rates to combat inflation The three strategies that work in today’s housing market and how to invest while others sit on the sidelines 2023 housing market predictions and when we could potentially see home prices bottom And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Books Mentioned in this Episode Real Estate by the Numbers by J Scott and Dave Meyer Real Estate Note Investing by Dave Van Horn Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram “On the Market” Podcast “On The Market” YouTube Channel Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-718 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Hoarder houses, hidden tax benefits, and how to invest when getting a late start—it’s all answered on this episode of Seeing Greene. We’re back, and David has brought some new questions never answered before on the show. This time, we’ll touch on some sticky situations, like creative ways to buy a hoarder house and whether investing in a tricky renovation is even worth the potential equity. We also hear about David’s secret system for getting contractors to always show up on time and get the job done, no matter what! Not only those topics, but we also have some questions and answers that fluctuate with the market cycles. David will hit on the advantages of flipping vs. BRRRR-ing a property, the best real estate exit strategy to go from active to passive income, and what investors who got a late start can do now to get ahead. This episode has something for EVERY level of investor, from beginners who need to get into their first rental to investors looking to turn their rental properties into lower tax bills. So stick around if you’re investing or trying to invest in 2023! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Flipping vs. BRRRRing and when selling beats holding a home The best way to start investing that’s easily repeatable and doesn’t require much cash Dealing with difficult contractors and what you can do to ensure they show up on time every day Real estate exit strategies and how to sell a rental without suffering a massive tax burden The hidden real estate tax advantages that most investors overlook Advice for late starters who want to invest in real estate and whether equity or cash flow is worth chasing And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Learn More About the Short-Term Rental Tax “Loophole” 5 Tips to Help Investors Handle Hoarder House Situations 3 Exit Strategies You Need to Have When Investing in Real Estate Books Mentioned in this Episode Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-717 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial independence is something that people spend decades trying to achieve. For the average American worker, this can be a slow grind, saving a few hundred dollars a month, hoping to be financially free at sixty-five so they can finally enjoy retirement. The problem? You spent three or four decades at a job, waiting to do what you want. If you’re going to crack the code to financial freedom, retire early, and live and work on your terms, you might want to follow Greg Cullen’s strategy. Greg has been hustling since he was a teenager. He was bringing in a full-time salary at age sixteen after building a sign-spinning business with over a dozen workers. He always knew the key to success was finding smart ways to make more money. So, when Greg was offered a full-time salary, he turned it down for a sales job with no cap on commissions, allowing him to save money at a far faster rate, and reach financial freedom well before the age of thirty. But Greg didn’t need some colossal empire of cash-flowing rentals. Instead, he’s financially free with only ten units, all of which he bought in under a decade. So how did someone like Greg, without real estate experience, scale his income up so fast? In this episode, you’ll learn what Greg did to purchase properties at lightning speed, the Chick-fil-A rule of real estate you should adopt, and how failing is the only successful way to hit financial freedom early. In This Episode We Cover: Why choosing a commission-based job, with uncapped earnings, beats a salary almost always Sign spinning and creative ways Greg made big money as a teenager The Chick-fil-A real estate rule that all investors should follow when picking a rental property market Common investing hurdles and how to deal with massive burnout when trying to make more money The laws of power that every entrepreneur, investor, or employee must know to level up What to do when real estate partnerships go wrong and turning a stressful situation into a killer deal And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Hear Our Interview with “The 48 Laws of Power” Author, Robert Greene Books Mentioned in this Episode The Concise 48 Laws Of Power by Robert Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with Greg: Greg's BiggerPockets Profile Greg's YouTube Greg's Instagram Greg's TikTok Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-716 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Search “how to make passive income” online, and there’s a good chance you’ll see “real estate investing” on every list. Why? Real estate investing is one of the most time-tested, stable, and repeatable ways for the everyday American to get rich, build wealth, and start collecting passive income every month. But you’ll never get going if you don’t know where to start. So to make your 2023 as successful as ever, David Greene, investor, agent, and host of the BiggerPockets Real Estate Podcast, sat down to walk through the eleven steps it takes to go from onlooker to real estate investor. Real estate is NOT a “get rich quick” type of investment, but it can help you build wealth in a surprisingly short amount of time. Just ask David, who spent years working overtime as a cop, slowly building up a real estate portfolio that eventually led him to hit financial freedom before most people buy their first house! In this episode, David will walk step-by-step through everything a new investor must do to get their first rental property, how to analyze real estate deals once you find them, and how to repeat the system, so your passive income stack grows bigger every year! Want to become a real estate investing expert in 2023? Sign up for BiggerPockets Pro, where you’ll get access to real estate tools and calculators, bootcamps for any investor, lease agreement packages for all fifty states, unlimited webinar replays, and exclusive videos. Start the new year off right by upgrading to BiggerPockets Pro, and use code “NEWYEAR” at checkout for a special discount!  In This Episode We Cover: How to make 2023 your best real estate investing year EVER  David’s slow start and going from almost giving up to financial freedom in only a few years How to analyze a real estate deal from start to finish (with a LIVE example) The 11 KEYS to success when starting in rental property investing How to find real estate deals in ANY market using the LAPS funnel Setting goals and why so many people fall short of their new year’s resolutions Using BiggerPockets Pro to get your first (or next) real estate deal even faster!  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Sign Up for BiggerPockets Pro and Use Code “NEWYEAR” for a Special Discount Rental Property Calculator Rent Estimator Pro-Exclusive Videos Grab the Best-Selling BiggerPockets Books Get Your Ticket to BPCon 2023!   Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-715 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s your real estate retirement plan? How should you fund your rentals? And why is today’s housing market so hard to cash flow? These are just some of the questions that regular real estate investors ask themselves. In a high interest rate, low inventory environment like 2023, landlords need to find better deals, use better financing strategies, and look for different ways to profit, to turn their portfolios into passive income-generating machines. Welcome back to a Seeing Greene episode that has questions from all over the nation. Some investors wonder why their cash-on-cash return numbers look so bleak. Others are debating using a HELOC (home equity line of credit) to buy rentals, even as interest rates continue to rise steadily. You'll hear answers to those questions all while David touches on topics around buying for cash flow vs. appreciation, how to buy rental properties while in college, how to find off-market properties, and where to meet private money lenders! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Starting a construction company and using this lucrative trade to invest faster Cash-on-cash return and why appreciating markets are crunching down on potential cash flow Single-family vs. multifamily real estate investing and when to favor appreciation over cash flow Using a HELOC to buy rental properties vs. saving up your cash for a down payment Investing while in college and how to get approved for a mortgage even if you don’t have full-time income Where to find off-market real estate deals and reach motivated sellers And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question Amy Mahjoory's Masterclass on Private Lending Part 1 Amy Mahjoory's Masterclass on Private Lending Part 2 Amy Mahjoory's Masterclass on Private Lending Part 3 Amy Mahjoory's Masterclass on Private Lending Part 4 How to Calculate Cash-on-Cash Return Learn More About David’s Full Real Estate Team David's BiggerPockets Profile David's Instagram David’s YouTube Channel Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-714 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Chances are you’ve seen the movie Top Gun before. This exhilarating film showcased the almost unbelievably intense reality of being an elite pilot in the military. And behind many of those awe-inspiring stunts and scenes was John Foley, Blue Angels pilot, entrepreneur, real estate investor, public speaker, and all-around inspiring human being. John has performed these death-defying stunts for years and successfully became the one percent of the one percent of pilots. His key to success? Failing hard. As soon as John saw the Blue Angels perform as a child, he dreamed of doing the same. It took him eighteen years to accomplish his dream, but it came with a cost. Before hitting his performance peak, John made a flight mistake that could have ended his career and another pilot’s life. Thankfully, this ill fate was avoided, but John still had to live with the consequences of making such a massive mistake. As a result, John reframed and rewired his brain to be better, retain more, keep his composure, and be “glad to be here.” He’s made his way up to the highest level of flying and knows the key to elite success. The surprisingly simple method is laid out in today’s show, as John walks through the five steps he goes through every day to improve his life constantly, always be grateful, and never leave a day to waste. So if you want to push yourself to the next level, accomplish more than you think you’re capable of, and live more life in the moment, tune into this episode! In This Episode We Cover: Knowing your blind spots and why witnessing your weaknesses can boost your skills Why complacency kills and thinking you’re “good enough” can drag you down  The benefits of a debrief and why you always want to know what you did wrong  Finding your “why” and turning it into the driving force behind your success  The “glad to be here” method and why it’s a “wonder drug” for human happiness  How the 1% of any skill set optimize their performance and push others to do the same  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Navy SEAL Jocko Willink on Embracing Discomfort and Leading Through Extreme Ownership Here’s Why Failure Is NEVER the End of Your Real Estate Journey Book Mentioned in this Episode Fearless Success by John Foley  Connect with John: John's Website John's Instagram John's LinkedIn John's Podcast Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-713 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Short-term rentals can be categorized, at least at a surface level, as the “easiest” investments of 2021 and 2022. With low interest rates and a surge of post-pandemic tourism, new hosts were buying homes for cheap monthly payments, throwing some furniture in them, and making a six-figure return within a year of owning just one property. Naturally, this led more and more hosts to start building bigger vacation rental empires, buying as many properties as possible and inflating prices as a result. But, the boom in BnBs caught on quickly, and more investors began tackling the same strategy. Before long, there were more short-term rentals than ever, but the same number of guests occupied them. Now, short-term rental hosts are facing lower occupancy as they struggle to compete over which properties will get which guests. So, is this the end of the short-term rental industry, or is the data showing something completely different? We brought on Jamie Lane, Vice President of Research at AirDNA, to give us a glimmer of hope. Jamie knows short-term rental data better than anyone else. He knows which markets are growing, which are declining, which amenities get you the highest ROI, and why last-minute bookings aren’t a bad thing. He gives us a deep dive into what’s affecting the short-term rental market as a whole, whether it’s on a decline, and what hosts can do to beat out the competition when trying to fill their listings. In This Episode We Cover: The “BnBust” and why so many short-term rental hosts are facing low occupancy  2023 short-term rental predictions and the effect a recession could have on the industry The best short-term rental markets and which tourist cities will remain strong Short-term rental regulations and how they may be a good thing for existing hosts Last-minute bookings and using dynamic pricing to make these stays more profitable The top amenities guests want in their vacation rental in 2023 Superhost status and the massive boost in bookings it can lead to And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Hear More from Tony on the “Real Estate Rookie Podcast” Use the BiggerPockets Airbnb Calculator Try AirDNA Today Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Tony's BiggerPockets Profile AirDNA 2023 Outlook Report AirDNA November 2022 Data Connect with Jamie: Jamie's LinkedIn Jamie's Twitter Jamie's Podcast   Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-712 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily real estate investing was almost impossible to break into over the past few years. Even those that had been in the field for decades were finding it challenging to get offers accepted or deals underwritten. Investors were throwing in almost unbelievable amounts of non-refundable earnest money, going well over asking price and analyzing deals at lightning speed, which often led to mistakes, not more money. But the tables have turned, and now, thanks to high interest rates, the buyer is in the driving seat. And how could it be a multifamily episode without Andrew Cushman and Matt Faircloth? These two expert multifamily investors have been buying apartments for decades and helping others do the same! In this episode, Andrew and Matt break down what has gone on in the multifamily markets, why cap rates haven’t kept pace with interest rates, and what buyers can do now that sellers have lost most of their bargaining power. You’ll also get to hear their multifamily predictions for 2023, how far they expect prices to fall, and what you can do to start or scale your multifamily investing this year! Then, Andrew and Matt take questions from the BiggerPockets forums and live Q&As with new multifamily investors. These topics range from property classes explained to raising private capital from investors (who aren’t your mom) and the risks and rewards of investing in smaller markets. Whether you’re interested in duplexes, triplexes, or two-hundred-unit apartment complexes, Andrew and Matt have answers for you! In This Episode We Cover: The mortgage and cap rate battle and how the two are unbalanced in 2023 The multifamily buyer’s market and why now is the time to aggressively chase deals 2023 housing market predictions and what multifamily investors can expect  How to start, or scale, your multifamily real estate portfolio this year  Long-distance real estate investing and assessing a property market from afar How to raise money from private investors and expanding your network The hidden dangers behind investing in a small, tertiary markets And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Andrew's BiggerPockets Profile Andrew's LinkedIn Vantage Point Acquisitions Matt's BiggerPockets Profile Matt's Instagram DeRosa Group Paul Moore’s Article on Interest Rates and Cap Rates Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Raising Private Capital by Matt Faircloth The Intention Journal by Brandon Turner Connect with Philip & Daniel: Philip's BiggerPockets Profile Philip's Instagram Philip's Website Daniel's BiggerPockets Profile Daniel's Twitter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-711 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Assisted living investments may be the most underrated, unknown, but ridiculously profitable real estate investment out there. For many investors, turning their single-family home into assisted or senior living seems like an impossible task. Don’t you need to have a medical background? Do you need a license? Can anyone do it? Instead of getting caught in analysis paralysis, Antoinette Munroe looked at the numbers, decided to take the jump, and hasn’t looked back. And after hearing her story, you might do the same! Antoinette found financial freedom in just a few years with vacation rental investing. She used the game-changing strategy of house hacking combined with short-term rentals to profit over a thousand dollars a month, all while living in her own house. She slowly started building her empire, buying one property a year while working towards financial independence. She reached her ultimate goal, retiring early after only a few years of investing. Then, things started to change. With new regulations rolling in, Antoinette had a large slice of her business about to be shut down or restricted at best. She needed to pivot to something that would make her the same money while still being passive enough to live the newly-retired lifestyle. When she heard about assisted living, she knew she had to run the numbers to see if the hype matched reality. The income was astonishing, and now she’s dedicated her time, money, and resources to building an assisted living empire that'll pay her much more than the vacation rentals before. In This Episode We Cover: The “game-changing” house hacking strategy that will help you reach financial freedom faster Why you DON’T need to build a large real estate portfolio to retire early Short-term rental regulations and how they’re delivering a blow to new investors Pivoting your strategy to make even more money when everything is going wrong Assisted living investing explained and how you can get in on the high-income action The funding/financing mistake that Antoinette made and why you MUST avoid it The bright side of short-term rental investors and improving your community while making passive income And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Hear Antoinette’s Story on the “BiggerPockets Money” Podcast Here’s Why You Should Consider Investing in Senior Living Do New Short-Term Rental Regulations Make Investing Risky? Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-710 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Before buying a rental property, real estate investing can seem scary. Only experienced landlords know how to deal with closing delays, overbudget rehabs, and tenant issues. But that doesn’t mean you have to come in blind on your first real estate investment. If you have the proper knowledge, expectations, and systems set up, you can build a real estate portfolio faster than the rest, which is what Ashley Kehr, author of Real Estate Rookie: 90 Days To Your First Investment, did. Ashley hosts the Real Estate Rookie Podcast, where she interviews new investors who have had one or a few successful deals. She’s seen what it takes for someone to go from bystander to investor and wants to make sure you can purchase your first investment property too. On today’s show, Ashley walks through her pre-closing checklist, where she details everything from due diligence to budgeting renovations and rehabs, how to negotiate with sellers, where to find insurance and more. This is just a brief glimpse at everything you can find in Ashley’s new book, and combining these golden nuggets with what is shared in Real Estate Rookie will get you on a faster path to landlord life and passive income. So, if you’ve been waiting to invest or feeling like you don’t know what you don’t know, this may be the perfect episode to start. Tune in, grab the new book, and get ready to make some property purchases in 2023! In This Episode We Cover: The pre-closing checklist and everything a new investor should do before they come to closing Due diligence and how to ensure title work, home insurance, and taxes are ready Renovation and rehab budgeting and how to build a scope of work even when investing out of state Negotiating with a seller on both on and off-market deals and the pros/cons of using an agent How to smoothly communicate with a seller or agent so you can get a deal done quicker (and with less stress) Landlord insurance and how to find a policy that works for you before you close And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Real Estate Rookie Podcast Books Mentioned in the Show Long Distance Real Estate by David Greene Real Estate Rookie by Ashley Kehr You’re Not Listening by Kate Murphy Hug Your Haters by Jay Baer Connect with Ashley: Ashley's BiggerPockets Profile Ashley's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-709 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a big difference between a real estate portfolio and having a few rental properties. Casual real estate investors can slowly start stacking one or two units a year and eventually end up with financial freedom, but often with stress and headaches that match their cash flow. Other investors, like David Greene and Rob Abasolo, take a more goal-oriented approach, building millions of dollars of wealth in under a decade with a portfolio that is self-sustaining, not self-defeating. Our goal here at BiggerPockets is to help YOU find financial freedom by following the same steps as investors like David and Rob. In the same spirit, David and Rob have decided to sit down with three mentees and give them one-on-one coaching to get them to their ultimate goals. These mentees are all at different stages of their investing journey, focusing on different strategies with different properties. First, we talk to Philip, a school teacher who dreams of building out glampsites and campsites, all while developing cash-flowing retreat centers. Secondly, we talk to Wendy, an investor stuck in the “turnkey trap” who wants to escape her job and the low cash flow of “easy” investing. Lastly, we talk to Danny, a multifamily investor who wants to scale faster to regain his time. All of these mentees have the same goal: financial freedom. If you’re trying to find your way out of the rat race and into the wealth-building realm of real estate, these are the episodes for you. We’ll continuously be checking in on our guests, giving them action items, and helping them work through any roadblocks that come their way. So stick around for the journey; you might hit financial freedom faster! In This Episode We Cover: Investing in glamping, camping, and retreat centers and why developing may be a costly move How to find a real estate agent/broker who can source your PERFECT property (even if it’s VERY niche) The “turnkey trap” and why easier investing often leads to lower returns Why working in real estate as you build your portfolio is a cheat code for investors  House hacking, rental arbitrage, and creative ways to rent your properties for more How to scale from small to large multifamily investing and how to find your own mentor And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Hear Our Interview with the Discount Lots Founders How to Plan for (and CRUSH) Your 2023 Goals Book Mentioned in the Show Long Distance Real Estate by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-708 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The 1031 exchange is a strategy that helps investors build more passive income, with fewer properties, all while avoiding the tax man. While many real estate investors know about this strategy, only a few of them know it well enough to pull it off. The rules are simple; sell a property, buy another property with the proceeds, and pay no capital gains tax. But, this is far easier said than done, and it’s much easier to make mistakes than most people think. Even our real estate hero, David Greene, had a 1031 exchange go awry. To clear up the misconceptions, highlight the common mistakes, and guide us to tax-advantaged freedom, we’ve brought on 1031 exchange expert, Ryan Finch, to the show to share everything he knows about this misunderstood, often misused strategy. Ryan is a real estate investor at heart, house hacking as a sophomore in college to live for free. After working at multiple commercial real estate and development companies, he got the itch to start investing heavier himself and help others propel their wealth. Now, Ryan works to help real estate investors and everyday homeowners make the most out of their equity. Ryan has unlocked the tools that have allowed those with home equity to build passive income streams, buy bigger, better properties, and reduce much of their landlord burden, all in a single transaction. If you’ve been sitting on some post-2020 equity, this episode will teach you how to use it as fuel for your financial freedom fire, all while ditching the tax bill that comes with selling! In This Episode We Cover: The 1031 exchange explained and using it to avoid taxes (legally) Converting home equity into cash flow and when selling makes more sense than refinancing How both the government and real estate investors benefit from the 1031 exchange  What to know before you use a 1031 exchange and the three rules you MUST pay attention to 1031 tax benefits, depreciation, and cost segregation to massively lower your tax bill The most common mistakes investors make when doing their first 1031 exchange And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel 1031 Exchange—A Definitive Guide for Real Estate Investors Will a 1031 Exchange Help Grow Your Portfolio? How to (Legally!) Avoid Capital Gains Taxes on Real Estate Rich Dad’s CPA on How ANY Investor Can Avoid Taxes IPX Asset Preservation Inc First American Connect with Ryan: Ryan's Website Phone Number: 720-439-6540 Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-707 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to become a real estate millionaire? You’re in the right place. No matter how much money you’re starting with, how much experience you have, or how many Seeing Greene episodes you’ve watched, it’s ALWAYS possible to build wealth through real estate. But that’s easy for someone like David Greene and Rob Abasolo to say, right? They’ve already made it big, with millions of dollars in cash-flowing income properties. But they didn’t start like this. David and Rob have come together to ask themselves, “what would we do if it all came crashing down?” If both of them lost their entire real estate portfolios in one fell swoop, how would they build it back up? Today, we put these two real estate legends in the hot seat and give them the biggest nightmare scenario so they can show you exactly how to build a real estate portfolio from scratch, no matter where you’re starting. David and Rob will also be given certain dollar amounts to use in rebuilding their portfolio. So, if you’ve only got a thousand bucks on you, David and Rob will show you exactly how to use it best to catapult your wealth forward so you can become a real estate millionaire. If 2023 is going to be YOUR year to get started, get going, and get one step closer to financial freedom, we’d suggest following David and Rob’s plan! In This Episode We Cover: The biggest challenges real estate investors face today (and how to solve them) Raising private capital, real estate syndications, and how to use other people’s money to build wealth Mistakes to avoid when building (or starting) your real estate portfolio The four steps to take when rebuilding a real estate portfolio and why building your network is so crucial Rental arbitrage and why it’s a great no money down strategy for cash flow House hacking and the low down payment loans you can use to buy properties for cheap Boosting your brand, creating content, and how to build a reputation in real estate And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Listen to Part 1 6 Mistakes to Avoid How to Make 100% Passive Income How to Build a Real Estate Portfolio from SCRATCH in 2023 The Ultimate Guide to Airbnb Rental Arbitrage How to Become a Real Estate Millionaire (NO Experience Necessary) Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-706 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You may know how to build a real estate portfolio, but how do you build an unshakeable one? Most real estate investors think that buying a few dozen dirt-cheap houses is all they need to do to make millions and live a life full of passive income. This is far from reality, as your entire net worth could come crashing down as soon as a housing market crash, correction, or new rental policy comes into play. So how do you build a sustainable real estate portfolio—one that will grow your wealth even during the worst of economic times? David Greene has touched on this topic numerous times, often referring to “portfolio architecture” as one of the most crucial aspects of building wealth through real estate. This strategy not only helps you grow wealth but keep it even when everything goes wrong. Don’t believe us? Listen to David and Rob’s individual stories on what happened to their portfolios during the 2020 lockdowns and how quickly they bounced back while other investors had to completely rebuild. In part one of this two-part podcast, David and Rob will go through the most common weaknesses in their real estate portfolios, what could cause everything to come crashing down, and the five most important keys to portfolio architecture. They also talk about diversification and how having just one type of real estate in one location could be a huge mistake. In This Episode We Cover: Why cash flow isn’t as reliable as most investors think and why you CAN’T depend on it The few things that could completely destroy your real estate portfolio  Liquidity and how much cash to have on hand/ready to deploy when things go wrong Why all real estate investors should strive to be “broke millionaires” Real estate diversification and why you want to own rentals in more than one market The five factors of portfolio architecture that EVERY investor must pay attention to And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Buy-and-Hold Investors—Don’t Forget to Diversify Is The Housing Market About to Collapse? How to Build a Rental Portfolio That Nets $10K a Month 4 Tips to Balance Out the Highly Seasonal Nature of Vacation Rentals Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-705 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Land flipping is an unusual real estate investment. Unlike all the rest, there are no utilities, renovations, or tenants to take care of. It’s really as simple as buying a piece of land with high demand and finding a seller who either wants to build or sit on it. But can it be that easy? If land flipping is low cost, low risk, and high reward, why aren’t more investors buying raw land? What are everyday real estate investors like us missing that land flippers like Paul Hersko and Willie Goldberg understand? Paul and Willie, like many investors, didn’t start out in real estate. Willie worked in investment banking while Paul was busy running an ecommerce business. Both were feeling unfulfilled by their work and wanted to build something bigger and better on their own. After a casual skydiving session, Paul and Willie realized they'd be perfect partners together, deciding that buying, selling, and financing raw land was what interested them most. Now they’re making massive multiples on literal dirt, selling plots online to investors and retail buyers who want to own real estate without the big banks, down payments, and high interest rates. Paul and Willie have built an entire business around these types of deals, and even though land is low-cost, you'd be surprised by how much they make off of a simple land sale. This could be the best low-risk real estate investing out there!  In This Episode We Cover: The benefits of buying and selling raw land and why it’s far less stressful than regular rental property investing  Flipping land and why offering owner financing almost always gets the deal done  Building a scalable system for your real estate business and the crucial KPIs to track The risks behind buying raw land and pitfalls to look out for when getting started Why banks refuse to lend on raw land and using the lack of loans as an opportunity  The one US state that Paul and Willie refuse to buy land in  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Dirt Cheap Land Flipping and Reaching Motivated Sellers How To Buy Land & Questions To Ask Before Making Your First Investment Investing in Vacant Land 101 Work with Discount Lots Books Mentioned in the Show Am I Being Too Subtle by Sam Zell The Hard Thing About Hard Things by Ben Horowitz Made in America by Sam Walton Connect with Willie & Paul: Paul's Website Willie's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-704 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Don’t think you know how to buy a rental property? Give us just one hour of your time, and you’ll be able to score your first investment property in the next ninety days! No gimmicks, jokes, or get-rich-quick schemes—David Greene and the BiggerPockets team designed this plan specifically for rookie real estate investors who want to get into the investment property game as soon as possible. So, if you’ve been waiting on the sidelines, hoping to one day reach financial freedom, now is the time to plug in and get ready to invest! David Greene has been investing in real estate for over a decade. Before that, he was a police officer working almost every day of the week, scraping enough money together to buy his first rental property. He reached financial freedom in only a few years, but it took grit, determination, and a tenacious effort to keep moving forwards. Now, he wants to teach you how to do the same, by buying your first rental property in 2023, even with the wild housing market we have on our hands. David walks through six actionable steps you can start taking to get your first property under contract in just ninety days! If you can carve out fifteen minutes of your workweek for the next few months, we know you’ll be closer to investing than ever before. Anyone can follow these steps to start buying real estate, no matter how much experience or money they're starting with. Ready to invest? Hit play!  In This Episode We Cover: How to buy your first rental property in ninety days (or less) The six steps ANY investor can take find, analyze, fund, and buy an investment property  Where to find real estate deals and the easiest (and hardest) way to do so Analyzing a live deal using the BiggerPockets Rental Property Calculator  Funding your first rental property and how to do so even if you have no money  Why real estate investors LOVE BiggerPockets Pro (and why you will too!)  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Sign Up for BiggerPockets Pro and Use Code “GOALS2023” for a Special Discount Rental Property Calculator Rent Estimator Pro-Exclusive Videos Already a BiggerPockets Pro Member? Get the Bonuses from Today’s Webinar Find an Investor-Friendly Lender Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-703 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Renting vs. buying a home, forty-year mortgages, HELOCs, and relationships vs. real estate. There’s something for everyone on this episode of Seeing Greene, as David tackles questions that go far beyond just basic investing. And as the housing market continues to get even more confusing, homebuyers, landlords, and sellers are stuck with some serious debates that only an expert agent, mortgage broker, and investor like David can answer! When choosing to rent vs. buy a home, David uses some geographic-specific data to decide which markets make more sense to own. Then, we have a question on how an interest-only mortgage works, and whether not paying into principal is a waste of time or a better option for cash-flow-strapped landlords. If you’re thinking of buying a property in all cash, David has some advice as to why now may not be the time to use loan-free dollars to get a better deal. Finally, David takes a more personal question from a listener, asking when to put real estate over relationships and why dating feels like a “waste of time” when trying to build wealth. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Buying vs. renting and when house hacking makes sense EVEN if you lose money every month Using a HELOC (home equity line of credit) to buy your first rental and the dangers of doing so Investing in your business vs. buying more real estate and when to do both The “lease-back” agreement and why it’s a phenomenal way to get a tough deal done Buying rentals in cash and why it may be a mistake as the markets shifts more to the buyers Having a social life vs. investing and why so many investors find dating a waste of time And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Renting vs. Buying a House: Which Makes More Sense in 2022? The Pros and Cons of a Lease Forward (or Lease Back) Should You Pay Cash for a House? Maybe Not—Here’s Why Learn More About David’s Full Real Estate Team Books Mentioned in the Show: SOLD by David Greene SKILL by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-702 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The housing market is an unstable beast. As soon as you’ve got your footing in one strategy, it violently jerks you into another, often by force. This is how most investors felt during the great recession as flipping profits dried up, home sales fell off a cliff, and investors were faced with a tough question, “who’s going to buy these deals?” While many investors stood on the sidelines, hoping that someone would save them, Eric Brewer did something much different, and it’s a move that’s paid off heavily over ten years later. Before the crash, Eric was a car salesman, but he wasn’t the type you’re imagining. His main strategy was “talk to everyone,” and it earned him salesman of the month almost every month. But selling cars didn’t make for a family-friendly schedule, so he pivoted into real estate investing and took the dealership’s owner with him. They were flipping hundreds of houses a year, making tenfold what they were used to when selling cars. But then the housing crash happened, and once again Eric needed to pivot. Now, instead of just flipping, he’s doing wholesale deals, novation contracts (MUCH bigger profits than wholesale), turnkey rental sales, and more. As the housing market has changed, so has Eric’s mindset, never betting on one strategy to be the one that brings home the bacon. Eric has stayed ahead of the game, blatantly ignores the “expert advice” off-market investors like to peddle, and pivots as soon as the market shows signs of a move. In this flip-flop market we’ve experienced over the past two years, this is EXACTLY what investors need to hear.  In This Episode We Cover: How Eric closes on over thirty real estate deals a MONTH using simple marketing tactics  The biggest “buyers list” no one knows about, and why you won’t find it where you’d think Why most people HATE salespeople, and how to get around the common seller/buyer objections  BRRRRing > flipping and why the tax code favors holders over flippers  Eric’s top ways to find off-market deals and why you should NEVER disqualify a lead  Novation deals and why they’re better and more profitable than wholesaling in 2023 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile 7 Situations That Cause Investors to Pivot ( & How to Play the Cards You’re Dealt) The Best Kept Secret for Finding Off-Market Deals How To Find Great Deals by Building an Off-Market List Crash or Correction: Are We Repeating 2008’s Mistakes? Connect with Eric: Eric's BiggerPockets Eric's Instagram Eric's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-701 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about. Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren’t making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that. From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob’s on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible.  In This Episode We Cover: Becoming an entrepreneur and Rob’s earliest business ventures Why quantity over quality is key when building businesses and brands Real estate syndications and why Rob will only touch a certain type of property The “soul-sucking” landlord life and why it is NOT for everyone Rob’s recession-proof plan that will make him millions even as investing fear peaks Tracking your life and how doing so will make you richer and happier almost automatically Building your financial framework and how so many doors open after you do so And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Why Elite Investors Know Exactly How Much Their Time Is Worth Syndications and Everything You Need to Know BEFORE You Invest Here’s What It Takes to Succeed as an Entrepreneur Connect with Rob Dyrdek: Rob's Website Rob's Instagram Rob's Twitter Rob's Podcast Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Having a high DTI (debt-to-income) ratio is enough to stop many would-be investors from taking the leap and buying their first, or next, rental property. So, what do you do when your income isn't enough to buy the next property? What if you've used up all your financeability on your primary residence or house hack? How can you squeeze out a loan to buy another property? We’re back on another Seeing Greene episode, where your “one away from seven hundred” host, David Greene, is here to give you practical advice on buying and selling properties. In today’s episode, we take multiple video and written submissions, with topics touching on how to buy more real estate when your debt-to-income is maxed out, what to do with a dangerous tenant, refinancing at today’s high interest rates, and why off-market deals aren’t always what they seem to be. And, if you’ve struggled with setting standards before, you’re in for a special treat, as David gives himself (and all of you) a personal pep talk on expecting excellency. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The bright side of BRRRRing even with rising interest rates  DTI (debt-to-income) requirements and getting around them for your next deal When it’s worth selling a rental property that has a low interest rate loan on it Off-market real estate deals and knowing when a difficult deal is worth pursuing  Setting high standards for yourself and your team while not getting bogged down by lackluster work effort  What to do when a tenant poses a danger to not only themselves but your property  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Set Your Goals with David and Rob Books Mentioned in the Show SOLD by David Greene SKILL by David Greene Buy, Rehab, Rent, Refinance, Repeat by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-699 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you’ve gone from a two-income household to just one, your children are now your sole responsibility, and you’ve got to almost financially start over. Finding financial independence after events like this would be awe-inspiring—so imagine you did it all in just two years. Sarah King did just that, with thirteen units under her belt since buying her house hack property in 2020. Sarah worked hard to put herself in a strong financial position. She was a debt-free disciple who paid off six figures in debt. Then, she focused on her savings, minimizing her expenses and increasing her income as much as she possibly could. But then, when everything started to feel stable, she uncovered something that would unravel her marriage. She went from financially stable to undoubtedly anxious in a matter of days. But it’s what she did next that was incredible. Knowing she had to do whatever she could to take care of her daughter, Sarah went on rental property shopping spree. She built the portfolio she knew her family needed, and now just two years later, she’s enjoying the fruits of her non-stop labor. But how did she get the money for the deals? What strategy allowed her to cash flow so much in such a short amount of time? If you want to do what Sarah did, you’ll have to tune into this episode. In This Episode We Cover: How to achieve financial independence through real estate in less time than you think House hacking and why it’s arguably the best way to start investing  Why being scared of debt is a downside when trying to build a rental property portfolio The medium-term rental strategy and using it to get better cash flow on smaller units Private money lending and how to raise private capital from those who know and trust you Hiring, outsourcing, delegating, and how to free up much more time in your life The phenomenal funnels that will bring you the best tenants, deals, and more money! And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Divorced and $250K in Debt to Financially Free in 10 Years Books Mentioned in the Show Set for Life by Scott Trench 30-Day Stay by Sarah Weaver & Zeona McIntyre Raising Private Capital by Matt Faircloth Simple Path to Wealth by JL Collins Rich Dad Poor Dad by Robert Kiyosaki Connect with Sarah: Sarah's Instagram Sarah's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-698 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Each real estate market has its own type of flavor. Some are short-term rental markets, others are affordable cash-flowing long-term rental markets, and many are in between, capitalizing on strong appreciation with enough monthly profit to keep investors going. The great thing about investing in the US is that we have fifty states' worth of land to buy, improve, and rent out. And today, we’ll be looking at three specific markets, all with wildly different price ranges and profit potential for 2023. Welcome back to this month’s BiggerNews, where your host Dave Meyer (not David Greene *gasp*) will be interviewing three of the most elite agents across the United States. We’ll talk to Rob Chevez, the investor and experienced agent operating in our nation’s capital, Washington, DC. You’ll also hear from Dahlia Khalaf, managing broker of ASN Realty Group in affordable Oklahoma. And, of course, we’ve got David Greene, California’s favorite realtor, here to talk about why sunny San Diego deserves an investment from you. With mid-priced markets like DC, affordable real estate in Oklahoma, and massively-appreciating west-coast properties to build your wealth, this episode of BiggerNews shows you how you can invest in ANY of these markets and build wealth in 2023. The agents also talk about the strategies that are working in each market and some of the major pitfalls you could stumble upon if you aren’t a local expert. Need to find an agent in your neck of the woods? Use the BiggerPockets Agent Finder to connect with a local expert in your area! In This Episode We Cover: How markets like Washington, DC, Tulsa, and San Diego are faring in 2023 The oversaturation of short-term rentals and which investors should avoid buying them The real estate “Bermuda triangle” and why every investor should buy at least one property there House hacking for cash flow and turning your primary residence into a paid-for mortgage  Subject to deals and other creative financing strategies that work as the buyer’s market takes shape Advice from expert agents around the country for investors in 2023 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Dave's BiggerPockets Profile Dave's Instagram "On the Market" Podcast "On the Market" YouTube Channel Connect with Dahlia & Rob: ASN Dahlia's BiggerPockets Profile Dahlia's Facebook GRID Rob's BiggerPockets Profile Rob's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-697 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s 2023 goal-setting time! For some investors, setting goals is a coveted experience where they get to center themselves and plan for the coming year. For others, setting goals can seem stressful as there are too many shiny objects always around to chase. This type of dichotomy exists even among the most experienced investors, as you’ll see in this episode. David Greene, everyone’s favorite investor, agent, broker, and mentor, systematically sets his goals, while Rob “Robuilt” Abasolo, the internet’s short-term rental oracle, does things a bit differently. In this episode, you’ll get a peek behind the scenes at how two very successful investors set goals in two very different ways. But this isn’t just about real estate investing and building wealth. David and Rob both touch on the personal goals they’ve set out for themselves and how they organically intertwine with the lofty investing goals they’ve set for 2023. David and Rob both want to grow their wealth substantially in 2023. But this doesn’t mean that they’re just hungry for doors. You’ll hear a crucial tip on how top real estate investors focus more on revenue than on unit count and how mistakenly chasing more properties could put you in a stressed-out situation without much to show for it! If you’re ready to tackle some of your biggest goals yet, tune in to this episode, and bring a planner while you’re at it! In This Episode We Cover: How to crush your 2023 goals by revamping and reviewing your 2022 plans Constantly updating your MINS (most important next steps) to hit goals even faster The struggles of outsourcing and hiring and why you MUST do it to grow The “more doors” trap that investors often find themselves falling into Building your vision for the next year and basing your goals on an end-result Content creation, building your brand, and becoming a bigger figure in the real estate space And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Hear Our 2022 Goal Setting Episode Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes in 2022 3 Simple Steps to Set Achievable (Yet Ambitious!) Real Estate Goals Invest with David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-696 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

How much billionaire advice have you gotten? Ever decided to look up the wealthiest people in your area and give them a call? What type of tips could they give you for success? What business ideas would they push you to try? And how would your life change? Instead of speculating, at a young age, Andrew J. Abernathey tried out this strategy, and much to his surprise, he got the billionaire mentor he always dreamed of. Before that, Andrew was just a simple farm boy. You know how it goes: tending to the field, ordering supplies, and trading futures at ten years old. Yep, you read that right. Andrew was making trading calls on grain prices at only ten years old, a skill that his father helped teach him. At fourteen, Andrew decided to put some money in the stock market, and a year later, walked away with an $80,000 profit. And like all young boys, he knew exactly what he wanted to spend his money on—a million-dollar apartment complex! Picking up on a pattern? Andrew has been making incredible moves at almost unbelievably young ages. But we haven’t even touched on the most incredible part of his journey yet. In this episode, you’ll hear how Andrew made wild real estate profits at sixteen, met his billionaire mentor by offering him some pie, and went on to build hundreds of millions in self-storage. It’s all true, and it’s all coming up in this episode! In This Episode We Cover: The importance of early financial education and investing at a young age How parents can cultivate the passions their kids possess  Puts and calls, stock trading, and how to invest like Warren Buffett Apartment investing and how knowing your market can make you millions  How to find a mentor (even if you’re looking for a billionaire!) Analysis paralysis, shiny object syndrome, and sticking to one strategy Self-storage development and the details behind the deal And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Henry's Instagram Henry's BiggerPockets Profile Here’s What 10 Billionaires Say You Should Do Every Day Should You Start Investing in Real Estate When You're Young? How I Hired Warren Buffett as My Real Estate Mentor Book Mentioned in the Show Open Secrets of Success: The Gary Tharaldson Story by Patrick McCloskey Connect with Andrew: Andrew's Personal Website Abernathey Holdings Andrew's Facebook Andrew's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-695 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors have used small multifamily rental properties to live the life of their dreams. And today, we want to help you do the same. We’ve got our multifamily millionaire, Dave Meyer,  here to share the tools of the trade! Dave was able to reach financial independence in only a few years, thanks to a small portfolio of multifamily rental properties! Even if you’re an absolute beginner in real estate, without any properties or experience, small multifamily can be one of the easiest ways to start investing. With low money down options, the ability to house hack, and big cash flow opportunities, any investor can start, or scale, a real estate portfolio with a duplex, triplex, or quadplex. And Dave will walk you through every step of the journey. From finding deals to analyzing them, financing them, and doing it again, this step-by-step process is simple to follow, and can be done in a matter of weeks or months! So, if you’re ready to build a life you love, have the financial autonomy you’ve always dreamed of, and start investing today, hit play on this episode! And, if you’re interested in using the top-tier tools Dave shows in this video, sign up for BiggerPockets Pro today! Make sure you stick around until the end of this episode—Dave will be giving away a BIG discount with a bundle of bonuses! In This Episode We Cover: How to achieve financial freedom through small multifamily investing Why invest in multifamily rentals and not single-family homes for your first real estate deal Where to find small multifamily properties (and how to get them at a discount!) Rental property financing and the different loans to use when closing on your first property How to analyze a real estate deal in just minutes (no experience needed!) The dangers of investing in small multifamily properties and what to watch out for How to get a discount on some of the most-used BiggerPockets tools! And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Grab the Multifamily Worksheet BiggerPockets Calculators Find a Lender for Your Next Real Estate Deal Already a BiggerPockets Pro Member? Get Access to Pro-Exclusive Videos Book Mentioned in the Show Real Estate By Numbers by Dave Meyer & J Scott Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-694 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve got home equity, but maybe not cash flow. If you want to realize financial freedom, you’ll need consistent, passive monthly income. But with cash flow harder to find than ever before, how can you get it when real estate prices and interest rates remain high? Should you give up on cash flow entirely and only bank on appreciation? Maybe not. Using the strategy David outlines today, you can convert your equity into cash flow, but you’ll need to follow the right steps. Welcome back to another Seeing Greene episode, where David, and some expert guests, answer your questions surrounding anything and everything related to real estate investing. Joining us on today’s show are Dave Meyer, J Scott, and Pat Hiban, all BiggerPockets authors and real estate masters in their own rights. They tag-team questions ranging from how to get around the twenty percent down payment requirement, how to calculate the time value of money on an investment, how HELOCs (home equity lines of credit) work, whether investing in hurricane-heavy Florida makes sense, and more! Don’t forget to head over to the BiggerPockets Bookstore to get massive discounts on some of the best real estate investing books in the world! Still itching to ask David a question? Submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to get around the twenty percent down payment requirement even as a foreign investor Cash-out refinances vs. HELOCs and which make more sense for the casual investor Converting equity into cash flow and how to know when you should sell an investment property Hurricanes, high insurance rates, and other hurdles that come when investing in Florida Calculating the time value of money and when an investment is worth buying House hacking and using your primary residence as an income-generating asset  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area BiggerPockets Bookstore Cyber Monday Sale Stay Up-to-Date on All the New BiggerPockets Books Coming Soon Should You Invest for Equity or Cash Flow? Books Mentioned in the Show Real Estate By Numbers by Dave Meyer & J Scott Connect with David, Dave, J, & Pat: David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile J's BiggerPockets Profile Pat's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-693 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial freedom isn’t something that most Americans strive towards. For the most part, working at a job, getting a steady paycheck, and bringing home the bacon is enough. That is until something forcibly stops you from working. It could be a workplace injury, a family emergency, or even a cancer diagnosis. What do you do when you can’t work or provide for your family, all while fighting a life-threatening disease? Josh Goldstein was in this exact situation in 2015 when doctors gave him a rough diagnosis—pancreatic cancer. Josh and his wife knew that he could make it through the treatments, but the financial problem still loomed largely. How would they be able to pay the bills, take care of their kids, or continue living the life they loved without any money coming in from Josh’s work? The answer—real estate investing. After years of analysis paralysis and a deep obsession with BiggerPockets content (woohoo!), Josh bought his first property as the world was starting to shut down. But he didn’t let the lockdowns stop his plan to hit financial freedom fast. Over the past two years, Josh has gone from zero to twenty units, some of which he’s never laid eyes on before. This portfolio, which was built out of a life-threatening situation, is now bringing in hundreds of thousands a year for Josh’s family, providing them well-earned financial independence. In This Episode We Cover: Solving life’s hardest problems (even when they threaten to kill you!) Building your foundation for financial freedom today so you’ll never be out of options Kicking analysis paralysis to the curb and the simple way to start investing in real estate Long-distance real estate investing and why it isn’t as scary as you may think Short-term rental saturation and what will happen as hosts buy more and more homes Why you always want to double-check the battery life on your home’s smart locks  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets Podcast 340 with Whitney Hutten BiggerPockets Podcast 364 with Avery Carl Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Long-Distance Real Estate Investing by David Greene Connect with Josh: Josh's BiggerPockets Profile Josh's Instagram Josh's Email Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-692 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Property management has always been a sensitive subject for landlords. Most real estate investors either want to be completely hands-off, letting a property manager handle the entirety of their leasing and management, OR be hands-on, constantly dealing with tenant issues themselves. And for a long time, there wasn’t a great way to self-manage. You either ran your business off scraps of paper or insufficient spreadsheets. But it’s 2022, and this has completely changed. When Ryan Barone was applying for his first apartment, he was blown away by how complicated the tenant application process was. So, he built an app that made it easier for tenants to upload all their documents to landlords. Then, the landlords started reaching out to Ryan asking for a tenant management version of the software. As a result, RentRedi was born, and has slowly grown to become one of the most popular property management tools around! Ryan credits much of his success to early BiggerPockets users, who constantly tested and tried RentRedi when it was in early development. Now, the software is fully formed—used by tens of thousands of investors across the country. And it comes standard with a BiggerPockets Pro Membership! If you want to know how to manage your properties without the headaches (or high costs) of regular property management, stick around. Ryan gives a full demo on how you can start using RentRedi today! In This Episode We Cover: Common landlord and tenant headaches and how RentRedi instantly solves them Reporting, rent collection, bookkeeping, and more features you can get with RentRedi How to start self-managing as a new landlord even if you have no experience How RentRedi used BiggerPockets users as beta testers to build the best property management software around Outsourcing and delegating tasks so you can build your business faster than ever before Turning tenant problems into profits and managing your rentals without breaking the bank And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Try RentRedi Today! Angel.co Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Connect with Ryan: Ryan's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-691 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Most investors buy rental property for cash flow, and much to their surprise, no cash flow is to be found once the deal is done. Maybe they’ll get some limited returns in their first year of landlording, but with cash flow-induced frustration, they decide to try another strategy. This happens again and again as real estate investors struggle to realize anything other than a meager return on what was supposed to be a financially-freeing investment. But worry not—this is all part of the plan. David is back on another episode of Seeing Greene, where he answers the most-pressing real estate questions from across the web. But David isn’t alone in the episode! He brings along real estate investing experts Brandon Turner, Pat Hiban, and Zeona McIntyre to help answer hard-hitting questions surrounding anything and everything related to real estate. This week’s topics touch on shiny object syndrome, when to pay for real estate leads, assisted living investing, 1031 exchanges, short-term rentals vs multifamily investing, and how to find the right mentor. If you’ve been looking to up your real estate game, head over to the BiggerPockets Bookstore and take advantage of MASSIVE discounts on some of the best real estate books around! And remember to use ANY of today’s hosts’ names as a discount code to get even more off when buying any BiggerPockets books! In This Episode We Cover: How to avoid shiny object syndrome when no real estate strategy seems to work Why most new investors have the wrong idea about cash flow and rental properties Assisted living investing and who should make the jump into this high-cash flow asset class 1031 exchanges explained and using them to become a passive real estate investor Short-term rentals vs. multifamily investing and which is the better bet in 2023 How to find a mentor when you’re just starting in your real estate investing journey And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Hear Our Interview with Assisted Living Investing Expert, Isabelle Guarino-Smith Stay Up-to-Date on All the New BiggerPockets Books Coming Soon Shop the BiggerPockets Bookstore and Use Codes BRANDON, DAVID, PAT, or ZEONA for a Special Discount Books Mentioned in the Show Tax Strategies by Amanda Han & Matt MacFarland Advanced Tax Strategies by Amanda Han & Matt MacFarland 30-Day Stay by Zeona McIntyre & Sarah Weaver Real Estate by Numbers by J Scot & Dave Meyer 6 Steps to 7 Figures by Pat Hiban SKILL by David Greene BRRRR by David Greene Long Distance Real Estate Investing by David Greene Connect with Brandon, Pat, & Zeona: Brandon's BiggerPockets Profile Pat's BiggerPockets Profile Zeona's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-690 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Non-investors hate real estate tax loopholes. It always seems like the wealthiest landlords, apartment owners, or short-term rental hosts walk away with not only massive income but little-to-no tax bills at the end of the year. Are investors unethically avoiding taxes OR are they carefully, quietly using the tax code to build wealth and bring their tax burden down to zero? And if the big investors can do it, can average investors use the same strategies? Whether you own one, ten, or a thousand rental units, Matt Bontrager, CPA at TrueBooks, has a solution for you. He’s been working with real estate investors for years to help them minimize their tax burdens and maximize their portfolio values. And unlike most CPAs, Matt can explain these strategies in a way that excites you, instead of slowly lulling you into a depreciation-induced dream. Matt touches on the most powerful ways to eliminate your taxes in 2022. These tax strategies work for almost every type of investor, whether you’ve got a full-blown business or just a short-term rental side hustle. These tax tactics, when used correctly, can allow you to walk away from 2022 with a bigger refund, no tax bill, or years’ worth of losses to roll over so you walk into 2023 in a better reposition than ever before. In This Episode We Cover: The massive short-term rental tax “loophole” most investors are unaware of Tax preparers vs. advisors and when you should start hiring these team members Cost segregation studies and using them to eliminate years’ worth of tax bills Bonus depreciation write-offs and why every investor MUST take advantage of this before the end of the year Real estate professional status, its benefits, and what you need to do to obtain it Tax avoidance strategies the wealthy use that almost any investor can mimic And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Understanding Rental Property Depreciation—A Real Estate Investor’s Guide 4 Real Estate Tax Strategies That Can Protect You From Inflation Books Mentioned in the Show Tax Strategies by Amanda Han & Matt MacFarland Advanced Tax Strategies by Amanda Han & Matt MacFarland Connect with Matt: Matt's BiggerPockets Profile Matt's Instagram Matt's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-689 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Scott Galloway, NYU professor commonly known as “Prof G,” thinks that America is adrift. Communities are dying, young people are feeling helpless, and wealth is slowly being sucked out of the system to give the ultra-rich even more comforts than before. The average American merely wants to make it—having a house, a family, and maybe an ounce of peace. But with mainstream media violently pointing fingers at one another and the modern worker feeling desolate in the daily grind, what can we do to put this country on the correct course? Scott knows that the game is rigged. He has strong feelings that real estate investors, like many of us, are playing with “cheat codes.” But, that doesn’t mean we’re doing anything wrong. Scott dives into his personal philosophy on who has taken advantage of this country, who needs the most help, and how a young, aspiring entrepreneur or investor can build wealth, without blindly buying into “sexy” assets. Although Scott likes real estate (and wishes he bought more of it), he cautions young investors to take a step back and be intelligent with their investments. A few right moves when Scott was young allowed him to live the life he has today—but this was through hard work and taking the right action, not waiting for someone else to save him. No matter what age you are, what side of the political spectrum you fall on, or your feelings toward real estate—Scott has words you’ll want to hear. In This Episode We Cover: Scott’s new book Adrift and why he thinks America’s course needs to be corrected The biggest problems America is facing today and how a specific demographic is rigging the system The bias against boys and how young men are left behind How young people can get ahead and why they should steer clear of “sexy” investments Fiat money, cryptocurrency, and how the American dollar is quickly losing its value The real estate “cheat codes” that any investor can take advantage of How YOU can create change in the world that will lead to more equality, friendship, and connectivity And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Dave’s BiggerPockets Profile Dave’s Instagram Book Mentioned in the Show Adrift by Scott Galloway Connect with Scott: Scott's Twitter Sign Up to Scott’s Newsletter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-688 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to buy a rental property is one thing, but coming up with the money is another. This is the constant struggle real estate investors find themselves in. When they have cash, there aren’t enough deals. When they have deals, there isn’t enough cash. This catch-22 usually puts investors in a spin cycle, never pulling the trigger on their first or next deal. But, it doesn’t have to be this way. With the right mindset, you can find the money to purchase more rental property, even if you’ve run out of options. This is what expert investor, David Greene, refers to as his capital “carrot,” or the thing that allows him to find (and make) more money to buy even more real estate. And it’s just one of the topics in today’s Seeing Greene show. In this episode, David takes a live call from Garrett, who’s struggling with whether or not to sell or keep his first deal. We also get questions about BRRRRing with high interest rates, where to find medium-term rental tenants, and how to find a realtor in a brand-new market. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The house hack “savings” that turn a dud into a screaming real estate deal Whether or not keep or sell a rental even if you’re not making much from it How to buy BRRRRs in today’s high-interest rate environment  Dominating a market as a brand new real estate agent or realtor Where to find medium-term rental tenants and common short-term rental regulations How to find a rockstar real estate agent when investing out of state And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Get Real Estate Investing Data, Guides, and Resources Use the BiggerPockets Rental Property Calculator on Your Next Deal BiggerPockets Podcast 679 with Zeona and Sarah (Medium-Term Rentals) BiggerPockets Podcast 680 with Mark Simpson (Short-Term Rentals) Books Mentioned in the Show SOLD by David Greene SKILL by David Greene Multifamily Millionaire Volume 1 by Brandon Turner & Brian Murray Multifamily Millionaire Volume 2 by Brandon Turner & Brian Murray Long-Distance Real Estate Investing by David Greene 30-Day Stay by Zeona McIntyre & Sarah Weaver Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-687 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

House flips, opportunity zone investing, student housing—name a real estate strategy, Evan Turner, former NBA player, has probably done it. Unlike most professional athletes, Evan left the league with more assets than at the peak of his career. He was buying real estate, building homes, and making moves while working a grueling six days a week schedule, knowing that he had to use this opportunity to build something that went far beyond basketball. Evan grew up in the inner city with a single parent. The realities of struggling for money were all too real for him when he got hit with millions of dollars in his early 20s. He struggled to spend any money for the first few years of his NBA career, which led him to have a surplus that he used in all the right ways. Relying on NBA veterans around him, Evan knew that to build wealth, he needed to up his assets. The most tangible thing he could think of investing in? Real estate. Now, with many deals under his belt, Evan has become proficient in almost every aspect of buying, funding, and profiting on a real estate deal. He, like many other investors, is seen as lucky for buying consistently throughout the past decade. But Evan knows that the rewards he reaps today came from smart decisions he made years ago. Now, even after he’s out of the game, Evan is still able to bring in seven-figure paychecks. But this time, thanks to smart strategizing, he’ll get to keep most of it. In This Episode We Cover: Making the money mindset shift that allows you to build wealth while others waste their resources Opportunity zone investing and using real estate to revitalize urban communities Evan’s unbelievable seven-figure fix and flip vacation home deal Why the first investment property matters most and how to ensure you turn a profit with no experience Building your real estate team and why everyone needs to network Taking the “luck” out of investing and why consistency beats timing every time And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter The Investing “Cheat Code” of Opportunity Zone Rentals The 20 Best Performing Opportunity Zones for Real Estate Investors Tune Into the “Point Forward” Podcast Connect with Evan: Evan's Instagram Evan's Twitter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-686 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding off-market properties was much harder a few years ago than it is today. Before you’d have to drive for dollars, mark down addresses, build a spreadsheet, constantly update it, and maybe, just maybe, you’d get a motivated seller willing to do a deal with you. This process was overly complicated, expensive, and took too much time. Because it was so challenging, many new real estate investors would forego looking for off-market deals entirely and only stick with on-market MLS listings. But things have changed. We’ve brought back four-time guest, Justin Silverio, onto the podcast to talk about his new tool, Invelo. Invelo puts all your lists, leads, and tasks into one place, so you’re not scatterbrained when building an off-market lead flow. This app allows anyone, no matter their experience level, to find owners, phone numbers, and addresses while tracking your touch points in a systematized, automated way, so you always have new leads coming in. This software is a game changer for flippers, wholesalers, and any investor trying to dodge the high prices and agent commissions of buying on-market. And Justin assures us, even if you’ve never done an off-market deal, Invelo will give you everything you need to successfully get the first one in the bag. Stick around ‘til the end of the episode, where we share a special way to start marketing for free with this game-changing tool! In This Episode We Cover: How Justin started flipping houses and finding off-market deals with no experience The right way to do direct mail and why so many investor letters get thrown in the trash Using Invelo to build lists, reach sellers, and get educated on how to find deals faster How to optimize your marketing budget by only marketing to leads who could turn into deals Invelo’s automation that scrubs your list for you so you only keep the best leads  A special discount for BiggerPockets Pro and how you can get a free marketing credit with Invelo And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 58 BiggerPockets Podcast 82 BiggerPockets Podcast 194 Use the BiggerPockets Rehab Estimator on Your Next Flip or BRRRR Invelo Open Letter Marketing Books Mentioned in the Show Finding and Funding Great Deals by Anson Young Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Justin & Anson: Anson's BiggerPockets Profile Justin's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-685 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Interest rates have become a hot topic over the past six months. Back in 2020 and 2021, homeowners were bragging to their friends about their rock-bottom mortgage rates and how they secured financing at three percent or less! But times have changed, and seven percent interest rates are becoming the norm. Now, nobody is bragging—in fact, many investors are too scared to buy, thinking that today’s interest rates are far too high to buy homes with. If you’re following this thought process, you could be making a BIG mistake. Welcome back with another Seeing Greene episode, where our “high rates, who cares?” host, David Greene, answers questions directly from investors just like you. In today’s show, David coaches a young investor on building his side business, why quitting your job could be a mistake, and how to learn from past deals to build wealth far faster. Then, David pivots into answering questions from investors on how to get over your fear of taking on good debt, how much to have in safety reserves for your property, and why being scared of high interest rates could hurt you in the long run. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Why quitting your job as a real estate investor could be a BIG mistake The right way to house hack and how to maximize every piece of property you buy Good debt vs. bad debt and why most people view mortgages the wrong way Capital expenditure funds and how much to keep in cash reserves High interest rates and when refinancing at a worse rate make sense Seeing money as “energy” and using it to build wealth while others are scared to act And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram The Fed’s Plan for Future Interest Rates Debt Is Good When It Comes to Real Estate Join David’s “Behind the Shine” Newsletter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-684 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Voss is an expert negotiator. After going from a street cop to the FBI and later thriving as a hostage negotiator, he wrote the world-famous book, Never Split the Difference. This book has served as a masterclass in negotiation for almost every field of work, including real estate investing. Although many of Chris’s examples come from life-or-death situations, the same rules and tactics can be applied to real estate investing. That is exactly why Chris pivoted and started coaching real estate agents to become better negotiators. But maybe you’re not an agent. Maybe you’re just trying to get your first or next deal done, working with a tough buyer/seller, and feeling like you’re making no headway. Chris has seen this time and time again. An overly aggressive buyer comes in, lowballs a seller, the seller then paints the buyer as the enemy, and the duo does a dance to the death ending in no deal done and frustrations at all-time highs. This is NOT the way to do real estate deals, and Chris has some advice that’ll help you change the way you (and your agent) get things done. Chris goes in-depth on a few concepts, such as why “no” is actually what you want to hear, how to form “calibrated questions” that get you what you want, and why you’ll need to start using “tactical empathy” if you want to close deals faster. These are some of the same tactics that co-host Rob recently used to get a multimillion-dollar property, without much money out of pocket. No matter your skill level, number of deals done, or years of experience, this advice from Chris could catapult your investing to the next level. In This Episode We Cover: Reviewing key lessons taught in Chris’s classic, Never Split the Difference  Why most real estate agents will work against their clients, instead of with them Using overcommunication to develop instant rapport with a buyer, seller, or client “Tactical empathy” and why it’s a brilliant way to keep your opponent open to offers Asking “calibrated questions” that make sellers feel safe when working with you Building a negotiation scarecrow and making someone else (not you) the instant, uniting enemy And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 260 with Chris The Happiness Advantage TED Talk Books Mentioned in the Show: The Full-Fee Agent by Chris Voss Never Split the Difference by Chris Voss SKILL by David Greene Connect with Chris: Chris' Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-683 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing wouldn’t be the same without BiggerPockets. If you were lucky enough to attend BPCon 2022 in sunny San Diego, you’ll know what we mean. With a sea of investors ready to network, advise, and invest with one another, this event shows how powerful the community of real estate investors is. But even if you weren’t able to make it this year, you can still get a sneak peek at what a BPCon panel looks like! On this bonus episode, sponsored by Rent to Retirement, we take hosts from all our different podcasts to give their advice, expertise, and tips to new and aspiring real estate investors. You’ll hear Ashley Kehr and Tony Robinson from the Real Estate Rookie Podcast answer tactical questions on partnerships, LLCs, and refinancing. Then, BiggerPockets Money Podcast host Mindy Jensen joins The Real Estate InvestHer Show duo, Liz Faircloth and Andresa Guidelli, to play the “spend or save” game. We also bring on the whole cast of our newest show, On the Market, to analyze two deals live in front of the entire audience to see whether or not two flips are flops. Finally, for all you original BiggerPockets Real Estate Podcast listeners, we have David Greene and Rob Abasolo welcoming a special guest back to the show—one that many of you surely missed. In This Episode We Cover: How to apply for a mentorship with hosts from your favorite BiggerPockets Podcast When to keep properties in your personal name vs. in an LLC Spending vs. saving, and when to pay top price for contractors, cars, self-care, and more! Live deal reviews of two “profitable” flips in a hot market and why you can’t always trust the numbers A special cameo from a long-time friend of the show David’s secret jiu-jitsu move to instantly de-escalate an attack from Rob Abasolo  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Hear Last Year’s Live Panel from BPCon 2021 Rookie Podcast 106: Asset Protection on Rookie Mentorships on InvestHer BiggerPockets Podcast 443 with Jim Kwik David's BiggerPockets Profile Rob's BiggerPockets Profile Brandon's BiggerPockets Profile Dave's BiggerPockets Profile Ashley's BiggerPockets Profile Tony's BiggerPockets Profile Mindy's BiggerPockets Profile Andresa's BiggerPockets Profile Liz' BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-BONUS Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Office investments were supposed to be dead by now. 2020 was supposedly the great exodus, where on-site workers were freed of their commutes, small talk, and trips to the water cooler. We were sold a future where remote work was the only option, where everyone had an at-home standing desk, and nobody needed to wear pants. But, this didn't last long, as companies slowly started taking steps to get workers back into the office, making owners of the offices wealthy once again. But, with so many companies trying flexible schedules, prioritizing work from home, and renewing their video conferencing subscriptions, will office space still be the same as it was just a few years ago? On this month’s BiggerNews, we brought on Kevin Fagan, Senior Director and Head of CRE Economic Analysis at Moody’s Analytics, to give us the scoop on office investing and commercial real estate in 2022. Kevin’s team works diligently going through the data behind office investments, highlighting whether or not leases are renewed, how rents are being affected, and if office buildings are truly being abandoned. He brings some good news not only for office space investors, but for real estate investors as a whole, showing that this niche won’t be going away anytime soon. With coworking and residential conversions on the rise, office building investments could be a far smarter move than most investors would assume. In This Episode We Cover: How office space investing fared through the pandemic and how far occupancy rates fell Comparing today’s office investing environment to 2008’s and the stark differences between the two Office occupancy forecasting and when the data predicts a full recovery How unemployment rates will affect office investors and whether or not employers will force workers back into the office The best real estate markets to invest in office space and which big metros to definitely avoid The benefits of office investing compared to residential real estate and why this low-turnover niche is worth it And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Dave’s BiggerPockets Profile Dave’s Instagram Investing in Office Buildings—A Beginner’s Guide The Coming Collapse of Downtown Office Real Estate Connect with Kevin: Kevin's LinkedIn Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-682 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a dark side of real estate no one talks about. Crime, destruction, theft, violence—you name it, we’ve dealt with it. With the spookiest day of the year coming close, we’re going to tell you all our terrible real estate tales. Everyone on podcasts and YouTube wants to show you how easy it is to invest, how it’s an assured path to wealth, and rarely what type of mistakes you can make. But we’re flipping the script, bringing in some of the best and brightest in real estate to show that the grass is usually greener where the septic tank is. Today’s guests, who have all collectively succeeded at failing, are Andrew Cushman, Jamil Damji, and Matt Faircloth. If you’ve been a BiggerPockets listener, these names may sound familiar to you, but if you’re brand new, let us introduce you to these industry giants. Andrew is a multifamily expert and one of the smartest names in the game on screening and underwriting (analyzing) properties. Jamil built the nation’s largest wholesaling operation and is an expert guest on On the Market. And Matt, CEO of the DeRosa Group, literally wrote the book on Raising Private Capital. But these titans of industry only made mistakes at the beginning of their careers, right? Not quite. They share today a selection of stories that will make you realize that the only successful investors are the ones who can both literally and figuratively weather a strong storm. And if you think it’s all cash flow and cruises for these investors, you couldn’t be more wrong.  In This Episode We Cover: Why you should ALWAYS check out a property before you buy (and what happens if you don’t) Becoming the "Sheriff" of your investment and how contractors can easily take you for a ride 1031 exchange mistakes and how to negotiate with a seller even when you’re on a time crunch Always staying in your lane and trusting your gut when a deal doesn’t feel right Paying more for insurance and how to financially prepare for a natural disaster  Why even with all the pain, real estate investing is the best wealth vehicle in the game! And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram BiggerPockets Podcast 661 Vantage Point Acquisitions The DeRosa Group Jamil’s YouTube Book Mentioned in the Show: Raising Private Capital by Matt Faircloth Connect with Matt, Andrew, & Jamil: Andrew's BiggerPockets Profile Jamil's BiggerPockets Profile Matt's BiggerPockets Profile Jamil's Instagram Matt's Instagram   Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-681 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people stumble into short-term rental investing. At some point, they realize a long-term rental, mother-in-law suite, or family cabin could become a revenue-generating, passive income machine. So what do they do? They go online to all the big travel sites, upload their listing, and start hosting. After a few months or years, they buy another short-term rental, and now, they’ve got multiple properties across a few different sites. The reviews are flowing, and the revenue with it. But one day, it stops. This happened to Rob when his listing got locked—halting his revenue. Without much of a way to repair this, Rob started thinking of how he could host with autonomy and reduce the risk as his portfolio grew. Sooner or later, Rob and today’s guest, Mark Simpson, started talking. Mark, an expert in hospitality, knew that something like this would happen. It’s why Mark has been helping hosts build their own booking sites over at Boostly.  As a short-term rental expert, Mark helps hosts build an income stream that can’t be paused, limited, or removed. Instead, he and his team give hosts everything they need to get more bookings, pay fewer fees, and keep guests coming back for more. And, as the short-term rental space grows at lightspeed, Mark argues that hosts should start building out these direct booking sites now before it’s too late.  In This Episode We Cover: The danger of solely hosting your short-term rentals on online travel agencies  How so many hosts find themselves “held hostage” by guests and travel sites Building your “guest avatar” and modifying your vacation rental to fit your ideal guest Guest screening tips and how to safely rent your property on your own website  Underrated upgrades to make to your short-term rental that massively boost bookings  Effortlessly converting guests online travel stays and into direct bookings  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Stop Relying On Airbnb and VRBO and Build A Business You Control 4 Things You Need to Know Before Buying A Short-Term Rental Boostly’s Property Management Software List Books Mentioned in the Show: Short-Term Rental, Long-Term Wealth by Avery Carl The Book Direct Playbook by Mark Simpson Connect with Mark: Mark's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-680 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Medium-term rentals have seen growth like almost no other type of real estate. In the past, if you wanted high cash flow, you’d be hit with the headache of running a short-term or vacation rental. So, most investors who wanted to take the passive investing route stuck to regular, long-term rental properties. But, with interest rates higher than many of us have ever seen, most regular rental properties simply won’t cut it. Thankfully, there's a strategy that merges short and long-term rentals, with many of the combined benefits but few drawbacks. The strategy is simple: buy a house, furnish it, and rent it out for over thirty days. Surprisingly, doing so will often get you double the rent as a regular rental property without the constant turnover of short-term rentals. Don’t believe us? Maybe Sarah Weaver and Zeona McIntyre can change your mind. They’ve been doing the medium-term rental strategy for years, and it’s what’s given them the financial freedom they enjoy today! Sarah, shortly after finding out about the medium-term rental strategy, converted many of her long-term rentals into medium-term. Zeona, a former short-term rental owner, knew the high cash flow, low maintenance approach would help her live the nomadic lifestyle she loves. They detail exactly how they did it, what it takes to succeed, and how you can repeat the process in their new book, 30-Day Stay.  In This Episode We Cover: The medium-term rental strategy explained and why it’s often a better bet than short-term rentals Switching from short-term rentals to medium-term rentals and why the pivot makes sense The best guests for medium-term rentals and why it isn’t always about traveling nurses Which markets work best for this strategy and what bedroom/bathroom count has the highest ROI Property management, maintenance, and how to make sure your medium-term rental succeeds Analyzing a medium-term rental property and what extra costs to be aware of And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 229 w/Zeona BiggerPockets Podcast 300 w/Zeona BiggerPockets Podcast 563 w/Sarah Furnished Finder Stats Books Mentioned in the Show: Profit like the Pros by Ken Corsini Raising Private Capital by Matt Faircloth SKILL by David Greene 30-Day Stay by Zeona McIntyre & Sarah Weaver (Use Code “ZEONA” or “SARAH” for a Discount) Connect with Sarah & Zeona: Sarah's Instagram Zeona's Instagram Sarah's BiggerPockets Profile Zeona's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-679 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Let’s be honest. The housing market has been a pain over the past few years. Sellers wouldn’t entertain any offer that wasn’t 10% over the listing price, real estate agents wouldn’t return your calls, and you may have thought that the time to buy rental properties was over. Fortunately, the tides have turned, and the seller’s market has almost overnight become a buyer’s market. Price drops are aplenty on the MLS, real estate agents want to be your best friend, and sellers desperately need to get their homes offloaded. This creates an opportunity for you to start buying deals at a discount. Jamil Damji, America’s leading wholesaler, knows that now is the time to get properties under contract. He’s been an expert at off-market deal-finding for decades, but now, he says that on-market deals are becoming far easier to find. Combine his nationwide knowledge with David Greene’s agent expertise, and you have a masterclass on finding steals, not just deals, in today’s housing market. David and Jamil go through eight different techniques you can use to find deals, lock them in at a low price, and grow your real estate portfolio, while everyone else is too scared to act. In times like these, when fear is at an all-time high, smart investors keep their cool, continue buying based on the numbers, and walk away far richer than the average investor. Interested in doing the same? Grab your notepad and write down these eight techniques. There’s a good chance you’ll be using them soon! In This Episode We Cover: How the housing market has shifted and whether or not we’ve become a buyer’s market Off-market vs. on-market deal-finding strategies and which makes sense in 2022/2023 Using “emotional influence” to get a seller to agree to your terms as soon as possible Building relationships with listing agents so they act as your ally in a deal How to leverage “bad news” to turn frustration into motivation for a seller  Tell-tale signs of a motivated seller that will quickly get a deal done And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram BiggerPockets Podcast 677 BiggerPockets Podcast 667 These 20 Housing Markets Are Cooling the Fastest, According to Redfin Connect with Jamil: Jamil's BiggerPockets Profile Jamil's Instagram Jamil's YouTube Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-678 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial freedom in two years? How can that be possible with high interest rates and higher home prices? If you’re looking at what’s on the MLS as the only deals around, you could be missing out on buying properties that could fast-track your journey to early retirement. Taylor Wing, unlike most investors, didn’t go the conventional route when building his rental property portfolio. But, walking the road less traveled has paid off significantly, as he has already found financial freedom in less time than it takes most investors to buy their first property! Taylor’s career trajectory was cut and dry from the start. After graduating from West Point, he entered the Army and knew exactly how rankings, raises, and benefits would work from the day he started until the day he retired. This rigidity didn’t sit well with an entrepreneurial-minded, soon-to-be investor like Taylor. After his first house hack, and a very successful BRRRR, Taylor went full-throttle on investing. Now, just two years later, he has a portfolio of over thirty rental units, a Rolodex full of private money lenders, and teams in multiple states ready to help him grow. So what sets Taylor apart from the rest? Aside from his resilience, Taylor chose to take action once he had enough information, instead of falling victim to analysis paralysis. If you follow Taylor’s advice, you too could grow a portfolio as fast as he did! In This Episode We Cover: Taking action, pushing past fear, and refusing to be stuck in analysis paralysis Direct-to-seller marketing and how to find off-market real estate deals Creative financing strategies, the subject to method, and no money down deals Defining your “buy box” and red flags when looking for a BRRRR or rental property Building your real estate team and the most important hire you can have How to create an actionable plan to reach financial freedom in only a few years  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Hear About “Reverse Flipping” with Ashley Hamilton The 30-Something’s Guide to Financial Freedom Try Follow Up Boss to Get More Real Estate Deals Books Mentioned in the Show: Financial Freedom with Real Estate Investing by Michael Blank Traction by Gino Wickman Connect with Taylor: Taylor's BiggerPockets Profile Taylor's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-677 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The short-term rental game is not one to enter lightly. Regular rental property investors shudder at the constant turnover, consistent guest complaints, and far more intensive upkeep that vacation rental property owners pride themselves on. But is a week in the life of a self-managing short-term rental empire owner that bad? Well, maybe we’ll just have Rob Abasolo AKA Robuilt, YouTube’s go-to authority on vacation rental investing, answer this. Rob has had a troubling week to put it lightly. From guests somehow deadbolting themselves out of their homes to ACs being frozen solid, sending vacationers to the wrong address, and almost obliterating a $20,000 pool, many things can go wrong in the realm of short-term rentals. But, is the profit worth the pain? Dave Meyer from On The Market joins along this episode to act as Rob’s therapist/cheerleader as we go through a week’s worth of almost unbelievable events in the life of a vacation rental property owner. This episode highlights lessons learned from each mistake that you can use to build a better rental property portfolio, have a more seamless customer experience, and maybe get a little more “me and my burrito” time. In This Episode We Cover: Setting up fail-safes around your short-term rental so guests always have a way in Why sticking to your guns isn’t always the best way to build a strong vacation destination brand Supply chain shortages and how it’s severely delaying short-term rental owners Why you should never fully drain a pool (unless you like paying $20,000+ in repairs!) Using speed to your advantage and making guests feel heard as soon as a problem arises Staying in contact with your team so you can solve problems smarter And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Dave's BiggerPockets Profile Dave's Instagram The Ultimate Guide to Short-Term Rental Properties How I Perfected the Process of Self-Managing My Rentals Vacation Rentals Are Popular, But Are They Profitable? Book Mentioned in the Show: Short-Term Rental, Long-Term Wealth by Avery Carl Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-676 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are up, which is good news for (almost) no one. Those who have built huge equity gains over the past few years now feel like they’re stuck at a crossroads. You could pull a cash-out refinance to buy another investment property, but with such high mortgage rates, is it better to wait out the market? This standoff between buyers, sellers, and the Federal Reserve have many investors confused about the next move to make. Thankfully, our in-the-field investing veteran, David Greene, is here to help. Welcome back to another episode of Seeing Greene, where your host David answers questions on the spot from investors spanning every skill level. We’ve got video and text submissions this week, with topics ranging from whether to wait or buy now, how to push past negativity when you’re struggling to find deals, when to refinance while interest rates rise, asset protection basics, and much more. These in-depth answers from David will probably solve top-of-mind questions you may have too! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Whether to buy now or wait for a housing market correction How to get out of a negative mindset when struggling to find deals “Timing” your refinance to get the lowest rate possible (and whether or not it’s worth it) What most investors get wrong about house hack “cash flow” Asset protection basics and if an LLC is necessary for your first rental Self-management vs. property management and when to trade money for time And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Book Mentioned in the Show: Real Estate by the Numbers by Dave Meyer & J Scott Connect with Jonathan Jonathan's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-675 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ashley Hamilton is a landlord, multi-unit investor, reverse flipper, hard money lender, and everything else in between. You may recognize her name from episode 331, appropriately titled “10 Real Estate Deals on a $20K Waitress Salary,” which became one of the most popular BiggerPockets Real Estate Podcast episodes. If you haven’t heard of Ashley, here’s a quick rundown: As a teen mom, Ashley was working hard daily to provide for her kids. With only a $20K/year salary, she began buying rental properties, often in cash, in the Detroit area. The last time we chatted, Ashley had ten units. But now, things are very different. Ashley knew that ten units and $7,000/month in cash flow was life-changing, but wanted to go even bigger. Since then, she’s rapidly expanded her rental property empire, growing her portfolio by many multiples and expanding into other businesses like consulting and hard money lending. She’s even developed her own version of the BRRRR strategy called “reverse flipping,” which makes high interest rates a non-issue when trying to refinance out of your property. She gives some killer tips on keeping tenant turnover low, why paying taxes isn’t such a bad thing, and how betting on cities like Detroit can make you much wealthier. One surprising thing about Ashley is that she built the foundation of her portfolio on cash deals while making a below-poverty salary. So if you think money is the one thing stopping you from investing, Ashley will probably change your mind! In This Episode We Cover: Buying properties in cash and why leverage isn’t always the best move to make What to do once you’ve hit financial freedom and building generational wealth  Going slow to build a property portfolio fast and “portfolio architecture” Reducing tenant turnover and how Ashley kept 80% of her tenants over ten years! The “reverse flip” strategy and why you should be on the lookout for PILFs Investing even on a low salary and where cash flow can still be found And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Hear Our First Interview with Ashley Tenant Turnover Can Wreck Your Profits—Here’s the Simple Solution to This Costly Issue Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Ashley: Ashley's BiggerPockets Profile Work with Ashley Hamilton Consults Ashley's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-674 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

What sets apart your everyday real estate investor from an investing expert? While novice investors are focused on cash flow only, veteran landlords focus on something worth much, much more. Thankfully, even if you’re just getting started on your investing journey, you don’t have to go through the hard work that experts like Dave Meyer and J Scott went through. Instead, you can hear their time-tested advice today, and grab their new book Real Estate by the Numbers!  J, a techie turned master flipper has written numerous books on estimating rehab costs, calculating real estate deals, and recession-proof investing. Dave, our VP of Data and Analytics and host of On the Market, has been head-down in housing market data for the past decade. These two real estate investing juggernauts combined their knowledge to write a book that lets every investor, no matter their skill level, find better deals, calculate profits smarter, and build wealth faster.  In this episode, we talk about calculating cash flow, ROI, and other metrics that may, or may not, matter as much as you’d think. You’ll hear how these two experts use much more than the numbers to define which deals are worth buying. After this episode, you may look at your portfolio differently, or even think about selling some of the properties you thought were “winners” before!  In This Episode We Cover: The math behind the real estate deal and which metrics matter more than most Calculating which properties work best for your portfolio  Defining your “buy box” and using it to filter through deals so you can build wealth faster Why your property’s ROI (return on investment) might be even better than you think How to start thinking like an investing expert and the lump sum vs. cash flow debate  Understanding the time value of money and how it’ll make you richer quicker  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Here’s Why You Should Consider Investing in Senior Living Should You Invest In Senior Housing (And Is Now the Right Time)? Genworth’s Cost of Care Survey BiggerPockets Calculators Book Mentioned in the Show: Real Estate by the Numbers by Dave Meyer & J Scott and Use Code “DAVE” or “JSCOTT” for 10% Off Connect with Dave & J: J's BiggerPockets Profile J's Website Dave's BiggerPockets Profile Dave's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-673 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Rising interest rates are being met with some negativity from investors. Deals don’t make sense anymore, cash flow is becoming almost extinct, and those who could qualify just a year ago are barely making the cut. How could mortgage rates almost doubling over the past year make buying real estate possible, let alone profitable in 2022? David Greene, veteran real estate investor, says that now is the time to buy! Welcome back to another Episode of Seeing Greene, where David hits on some time-sensitive questions surrounding the world of real estate. We touch on private money lending, the housing market and interest rate updates, how to “gift” a down payment, real estate partnerships, goal setting, and who should stay away from house flipping. If you’re just starting your journey in real estate investing, this is the episode to listen to! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Why rising interest rates make buying real estate even easier in 2022 How to ensure a private money lender feels protected in a deal Real estate partnerships and the right way to gift a down payment DSCR loans and other investor-only financing options you can use to scale your portfolio Novice flipper tips and who should and shouldn’t be flipping homes How to set bigger, better goals that allow you to accomplish your dreams at light speed And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Ask David Your Real Estate Investing Question Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Buy, Rehab, Rent, Refinance, Repeat by David Greene The Richest Man in Babylon (BiggerPockets Edition) by George Clason Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-672 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Assisted living investing isn't your typical type of rental property investing. When someone thinks “I want to get rich in real estate,” they’re often not considering setting up a home for seniors, those in medical decline, or medical patients. Investors almost prematurely dismiss any idea of RAL homes (residential assisted living) if they have no medical background and no personal need to do it themselves. This can become a costly mistake, especially when the evidence adds up on why assisted living could be the most recession-proof real estate investment out there. Isabelle Guarino-Smith is one of the investors that decided to go down this path. Without any medical experience of her own, she led her family business to become a successful assisted living brand throughout the state of Arizona. When her grandmother needed care many states away, Isabelle’s father realized that building not only a better facility, but a more profitable portfolio, was a smart move to make. And this risk has paid off significantly, as Isabelle now takes home a five-figure monthly cash flow from each of these properties. She knows that the “silver tsunami” is coming in quickly and that capitalizing on this niche now could mean even great profits in the future. But, this isn’t all about the money for Isabelle and her team. She’s seen how much better care seniors can get in smaller facilities and that this type of investment doesn’t just pay itself back in profits, but in knowing that you’re making a difference in the lives of those who need it most. In This Episode We Cover: How to transition from residential real estate investor to assisted living specialist  The three types of senior housing facilities and the only one worth investing in The “silver tsunami” that’s on the way and how to capitalize on it before it’s too late Financing options for assisted living investments and how to raise capital Renovation tips, common costs, and how much you can expect to make on your first facility And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Here’s Why You Should Consider Investing in Senior Living Should You Invest In Senior Housing (And Is Now the Right Time)? Genworth’s Cost of Care Survey Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki The Pumpkin Plan by Mike Michalowicz The 5am Club by Robin Sharma Connect with Isabelle: Isabelle’s Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-671 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

After a strong housing market runup, the Federal Reserve is looking to tame this economic beast with yet another rate hike. Most investors see now as a time to take a step back, invest less, and hold their financial positions steady. But, are we approaching a 2009/2010-type scenario where home prices dramatically drop, and deals are easier to find than ever before? On this month’s BiggerNews, we bring in Kathy Fettke, nationwide real estate investing expert and On the Market expert guest, to give her take on upcoming opportunities. In a recession or correction, smart investors deploy their “defensive investing” techniques, allowing them to pick up steals, not just deals, and fold properties into their portfolio that can help float them during times of trouble. Even as an intense investor, Kathy adopts the “aggressively defensive” tactic, the same one Rich Dad Poor Dad author Robert Kiyosaki told her about back in 2008. Simply put, industry experts like Kathy aren’t thinking of selling—they’re focused on buying!  To wrap up, Dave, David, and Kathy give some practical tips on time management, and how to keep buying as you get busy. With only twenty-four hours in a day, these big-time investors still find ways to run business, record podcasts, and buy new deals, but only thanks to a system they’ve designed. Before you know it, you might be in too tight of a timeline to actively invest, so start implementing these tips now! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Subscribe to the “On The Market” YouTube Channel BiggerPockets Podcast 502 The Fed Basically Admitted It. They Want a Housing Correction Real Wealth Grow Developments Books Mentioned in the Show: Real Estate by the Numbers by Dave Meyer Rich Dad Poor Dad by Robert Kiyosaki Connect with Kathy: Kathy's BiggerPockets Profile Kathy's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-670 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

BRRRR investing has become one of the most popular real estate investing strategies across the United States. But, the great contractor shortage of 2020 and 2021 almost decimated BRRRR investors. Record high prices, dragged-out timelines, and the inability to rely on almost anyone to fix up houses brought this strategy close to extinction. But now, we’re seeing a second wind of BRRRR investing as contractors aren’t being stretched so thin and competition for real estate starts to slump. Welcome back to another episode of Seeing Greene, where your “I don’t seek validation, validation seeks me” host, David Greene, is back to answer your questions on anything related to real estate. In this episode, we talk about investing methods such as the BRRRR strategy, real estate syndication investing, becoming a real estate professional, and more. We’ll also touch on some deeper topics like why so many new real estate investors crave validation, how to know when to fire your property management company, and the medieval meaning of “racking your brain.” Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How less competition for contractors could make the BRRRR strategy much more viable in 2022 Real estate syndications vs. investing in your own deals (and how to know which is a better choice) Becoming a real estate professional to significantly lower your taxable income Refinancing a property even if you lack a W2 or don’t have consistent income The right way to find a mentor and taking the “apprenticeship” role instead of asking for advice When to switch property managers and questions to ask before you let them go And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Find the Real Estate Professional You Need BiggerPockets Podcast 378 with Brian Burke BiggerPockets Podcast 649 with Alex Hormozi Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Investing in Real Estate with No (and Low) Money Down by Brandon Turner Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-669 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Reaching financial freedom doesn’t mean grinding away for decades to finally retire. It may only take a couple of deals for you to create enough traction to quit your W2 or go full-time into investing. But what if you have a family and children to support? Surely there’s no way to hit quick financial independence with those responsibilities? If you’re still not persuaded, hear Zasha Smith’s story. Zasha was working sixty-hour weeks, sometimes every day of the week, as a civil engineer. She knew that continuing down this career path would lead to long days, even longer nights, and time away from her children. After a quick Google search on “how to get rich,” she stumbled upon real estate investing. After her first successful home flip and her first rental property purchase, she gave her resignation, and the rest is history. Now, she’s got a portfolio capable of providing her a financially free lifestyle, with ten units acquired in just three years. Mind you, this all happened during the events of 2020, meaning Zasha deserves even more credit! She’s currently using her wealth to give back to the community, with plans to build affordable housing throughout her home state of Hawaii. Her “give back, get ahead” mentality is surely working, and it’s something all real estate investors should try. In This Episode We Cover: When to quit your W2 and pursue full-time real estate investing Finding off-market deals and beating Brandon Turner in his own backyard Affordable housing and how you, the landlord, can help those who have limited resources Masterminds, real estate meetups, and other ways to quickly grow your investing network  Real estate partnerships and red flags that every investor must pay attention to Giving back to the community and mentoring others who are just getting started And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Find the Real Estate Professional You Need Why I’m Investing in Affordable Housing for the Long Haul 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Rich Dad Poor Dad by Robert Kiyosaki Connect with Zasha: Zasha's BiggerPockets Zasha's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-668 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Investment properties are hard to find—unless you use the tips Jonathan Greene mentions in today’s episode. If you’re like most real estate investors, you know that in 2022, it can feel like you're constantly getting nickeled and dimed over every aspect of your offer. The seller wants more money, a quicker closing, refuses to give seller concessions, and acts like their often outdated, structurally unsound property is worth as much as their neighbors' new construction down the street. How do you negotiate with these sellers to actually get the deal done at a price that won’t destroy your future profits? Or, maybe a better question to ask is, how do you find deals already on the market, with desperate sellers waiting to accept any offer that comes their way? What if you’re a brand new real estate investor, still looking for your first rental property? How do you get on the same wavelength as a tough seller? Jonathan Greene is known around the BiggerPockets forums as a millionaire mentor. He left his career as a criminal prosecutor to start profiting from investment properties. Now, he runs an agent team that has built seriously strong negotiation tactics, and Jonathan still invests heavily on the side. He’s walked away from more deals than he can count. But, he’s also won deals that other investors would have no chance at acquiring. Want to repeat how Jonathan did it? You’ll hear it all in this episode! In This Episode We Cover: Why “hard” negotiations don’t work in real estate and the fastest way to ruin a potential deal Defining your “buy box” and looking for much more than just cash flow The foolproof way to guarantee you'll make money on your investment property purchases Why rookies get stuck in analysis paralysis and how simply “seeing” a house will snap you out of it Becoming a great real estate negotiator and giving sellers offers that they can’t refuse The almost too easy way to find under-the-radar real estate deals on the MLS And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Real Estate Podcast 584 7 Top Real Estate Negotiation Tips Listen to “Zen and the Art of Real Estate Investing" Connect with Jonathan: Jonathan's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-667 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Unless you’re trying to invest in real estate using all cash, you’ll need to know which investment loans work best for you. But what if you’re a contractor, a business owner, or self-employed? What if you’ve already used up all your financeability and your DTI (debt-to-income ratio) is too high for lenders to take you seriously? What’s your next step? Fortunately, even if you’re feeling the crunch of difficult financing, you still have numerous ways to buy rental properties. You just need to know where to look! We’re back! Or more like David is back on another episode of Seeing Greene where he takes the most-pressing questions from our audience and answers them live for all investors to benefit. In this episode, we’ll be talking about mid-term rentals and the threat they pose to “regular” rental property investing, why it’s so challenging to find investor-friendly agents, how wholesaling real estate could get you into trouble, and house hacking in an expensive market (even with VERY little down). Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Why mid-term rentals may be the perfect sweet spot between effort and cash flow How to grow an investor-friendly team of agents when most agents simply won’t cut it Scaling your rental property portfolio using DSCR loans and other investment property products The 10-second calculation that’ll help you decide whether to sell or rent out your house House hacking in an expensive market and whether the “5% down” method is just a myth Why agents could find themselves in serious trouble when trying to wholesale real estate And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Partnerships—What to Do Before You Jump in With Another Investor 3 Reasons I Think Medium-Term Rentals Beat Short-Term Get Closing Costs Covered with Kyle Renke Housing Market “Soft Spots” with Kyle Renke Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-666 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Short-term rental arbitrage seems like an elusive concept. As a real estate investor, it can be a little hard to wrap your head around it. You lease a property, rent it out, and then…profit? That’s right! Without buying a rental property, dealing with maintenance or large-scale repairs, you too can make just as much money (if not more) than the landlord down the street without ever owning the property in the first place. It sounds like a dream, but in reality, you’ll need an airtight system and team to make it work. Thankfully, Jeff Iloulian has all that and more. Before 2014, Jeff was living as a lucrative lawyer, billing high by-the-minute rates and making money every second he worked. This was during the “wild west” of short-term rental investing, where mom-and-pop owned vacation rentals were starting to become a serious way to make passive income. Jeff initiated his portfolio with just one “lease arbitrage” unit and eventually ballooned his empire up to 150 rentals! Now, Jeff does more than just run his short-term rental portfolio. He runs the buying group HostGPO, helping link up short-term rental operators with vendors who can provide better, time-tested, industry-specific products. Not only that, Jeff manages numerous other vacation rentals, so he knows everything from furnishing to cleaning, check-out procedures, and more. He gives a furniture and furnishing masterclass in the second half of this interview where many of his tips could save you thousands over the lifetime of just one rental unit. In This Episode We Cover: Rental arbitrage and how any investor (no matter their budget) can use it to make passive income Breaking out of the “not enough time” matrix to start investing on a busy schedule Furnishing your short-term rental and why IKEA may not be the best bet for bed sheets Building your short-term rental dream team and how to manage a large-scale portfolio The mega-niche investing opportunity of renting soon-to-be destroyed homes  Leaving a lucrative career to invest in real estate and why it’s almost always worth it And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Airbnb Rental Arbitrage—The Ultimate Guide The Ultimate Guide to Short-Term Rental Properties Creative Ways to Furnish Your Short-Term Rentals on a Budget How to Build Your Dream Short-Term Rental Team Get Exclusive Short-Term Rental Investor Discounts with HostGPO Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Short-Term Rental, Long-Term Wealth by Avery Carl Connect with Jeff: Jeff's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-665 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The way you pitch anything is how you pitch everything. So how are you showing your professionalism in meetings, negotiations, or presentations? Are you rolling in nervously with a pitch deck that looks like it was made by two middle-schoolers, sporting an unfitting suit and some cheap-looking picture of Hawaii as your background? Is that what multimillionaires want to see on a deal presentation? Will investors even take you seriously? There are a few keys to a perfect pitch, regardless of what you’re even pitching. Oren Klaff, author of Pitch Anything, has become a master at deal negotiations and capital raising. He’s seen what makes a prospective investor walk out of the room or end a video call early, and he’s here to make sure you’re not the person on the other end of that presentation. So what do you need to do to successfully sell or pitch anything? In part two of this second episode with Oren, we walk through the different types of brain stages a presentation attendee is in, how to bypass the brain, and the wrong way to design a pitch. Oren has seen it enough to know that the how you’re presenting information probably isn’t the right way. He gives some rapid-fire tips on immediately boosting your credibility, upping the stakes, and how to get investors, attendees, or anyone else on your side from the first sentence. In This Episode We Cover: Pitching to “dead air” and how to successfully sell anyone on a deal in the video conference-first world Bypassing the brain so investors and attendees hear what you have to say The wrong way to structure a pitch and why most people fail at building rapport Ending the pitch, escalating the tension, and raising the stakes for your attendees The million-dollar move that helped Rob raise seven figures in only a few days And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Check Out Part One with Oren How to Take Control of Everyday Negotiations With One Simple Technique How to Pitch to Investors So They Bite The 4-Second Pitch to Unlock Unlimited Funds Book Mentioned in the Show: Pitch Anything by Oren Klaff Connect with Oren: Oren's website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-664 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oren Klaff is best known for his groundbreaking book, Pitch Anything. In it, he gives a systematized way to take control of every meeting, negotiation, and deal on your terms without taking a submissive position. Oren has the expertise to back up his claims. As a world-renowned leader in sales, capital raising, and negotiation, he’s been in the meetings, flipped the script, and gotten deals done that most couldn’t even dream of. Now, he’s sharing his wisdom with you. Much of what Oren describes gets a bad rap in today’s world. The terms “alpha” or “in control” are subliminally thought of as violent or harsh, but in Oren’s context, they are completely accurate. In part one of this two-part episode, Oren gives you everything you need to take control of your deal, get negotiations done on the terms you want, and put opponents in the position for you both to succeed, instead of merely butting heads. But this advice isn’t just for the board room. These key principles work in every conversation you’ll ever have, whether you're raising millions to close on an apartment complex investment or merely trying to get your kid to eat their vegetables. The way you pitch, frame, and control a conversation directly correlates to its outcome. And in real estate investing, this isn’t a skill you’ll want to be without. In This Episode We Cover: The alpha and beta dynamic and putting yourself in the alpha position in every negotiation The risk of not taking control and how giving someone else the lead could ruin your deal Shifting perspective and the “frame control” exercise that’ll bring anyone down (or up) to your level Putting your opponent or partner in an “emotional state” so they can see your point of view  Raising the stakes and how doing so will solidify any deal that needs to get done And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter How to Take Control of Everyday Negotiations With One Simple Technique 7 Real Estate Negotiation Tips 4 Reasons Negotiating Regularly Will Make You Richer, Wiser, & More Confident Book Mentioned in the Show: Pitch Anything by Oren Klaff Connect with Oren: Oren's website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-663 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow—the two words every rookie real estate investor loves to hear. It’s always about cash flow. “If the property doesn’t bring in a healthy amount of pure profit every month, there’s no point in buying it!” This sentiment could cost you hundreds of thousands, if not millions over the lifetime of your real estate investing career. Don’t get us wrong, cash flow is important, but focusing on this metric alone may lead to your downfall. Chris Lopez hopped off the “buy only for cash flow” bandwagon long ago, and he’s much richer for doing so. Chris has become successful quickly in the real estate game, which is doubly impressive if you look at his past business history. He didn’t start in real estate sales, investing, or anything of that nature—he was more interested in building content for other businesses he was pursuing. After realizing that rental property investing was the way to go, Chris took a hard pivot, repurposing the same skills he used in his businesses to work in real estate. Now, he’s got eight units of his own, passive investments he doesn't need to worry about, and a successful real estate brokerage situated in the real estate mecca of Denver, Colorado. He’s become the foremost expert on Denver real estate not because he’s done thousands of deals, but because he knows the area well enough to teach those who don’t. Chris talks about business building, mentorship, and a much better calculation than cash flow in this episode. In This Episode We Cover: Building a real estate business that not only makes you active but passive income SEO, content marketing, and using “lead magnets” to drastically increase your deal flow The wrong way to find a mentor and four simple steps to take to get the attention of top investors The world’s best business card and how it turns you from a novice into an expert How to reevaluate your real estate portfolio to ensure it’s making the most money possible And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 278 BiggerPockets Podcast 558 Watch Chris’ “House Hackerz” Series on YouTube 9 Simple Steps to Finding the Best Real Estate Mentor Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki BRRRR by David Greene How to Sell Your House for Top Dollar, Faster by Faby Gonzalez Good to Great by Jim Collins Who Not How by Dan Sullivan Connect with Chris: Chris' website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-662 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The multifamily real estate market seemed almost impenetrable over the past two years. Unless you had millions in dry powder, ready to overpay for a huge apartment complex, there was a low chance you’d be making any money in the multifamily industry. This gave the big buyers an unfair advantage, while smaller investors struggled to put almost anything under contract. The tables have started to turn as interest rates rise, repricing becomes the norm, and multifamily buyers start fleeing the closing table. It’s now your time to shine, small-scale investors. As large buyers begin to fear a housing market crash, you can swoop up the spoils that could benefit you for years to come. But, before you do so, you’ll need to understand how exactly multifamily investing works. Back again on the show are Andrew Cushman and Matt Faircloth, two multifamily masters in their own rights. They’ve become real estate veterans after over a decade worth of investing experience. Now, they’re here to share some beginner steps and tips on how you can get into the world of multifamily real estate, regardless of your experience, knowledge, or bank account size. These steps are simplistic at a high level, but doing them correctly could help you beat out the competition for years to come. The only question is, are you ready to start? In This Episode We Cover: Why today’s “fearful” multifamily market is a great opportunity for new investors  Evaluating your goals, skillset, and advantages before you step into the multifamily market The biggest mistakes new investors make when choosing a real estate market How to get deals sent directly to you and build up a network of top-tier brokers Building your real estate dream team that’ll allow you to scale with far less headache Raising private capital and using other people’s money to grow your real estate empire  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram BiggerPockets Podcast 571 BiggerPockets Podcast 586 BiggerPockets Podcast 634 BiggerPockets Podcast 279 Harvard Joint Center for Housing Studies Crexi Loopnet Berkadia Cushman and Wakefield CBRE Marcus and Milichap Colliers Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Raising Private Capital by Matt Faircloth Connect with Matt & Andrew: Andrew's BiggerPockets Profile Matt's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-661 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Hotel investments, big BRRRRs, and some mind-boggling cash flow are coming up on this Deal Deep Dive with our very own Rob Abasolo. For almost the entirety of Rob’s short-term rental investing career, he’s preached the good gospel about how small, mom-and-pop-owned vacation rentals are the way of the future. The secluded single-family rental, log cabin, or treehouse were some of Rob’s most impressive and profitable investments. But now, he’s taken a step in a whole different direction. Rob doubled his rental property portfolio almost overnight, going from fifteen units to thirty-five by purchasing a twenty-unit hotel/motel mix in beautiful Upstate New York. Without much experience running anything on that scale, Rob and his partners went to work trying to figure out how to turn this mess of a motel into a profitable, high-value vacation destination. He faced some serious hurdles, from canceling on guests to fixing a literal hole in the middle of the property, but found a way to make it work. Once the renovations are complete, Rob will walk away with an almost unbelievable amount of yearly cash flow, a seven-figure increase in equity, and a scalable system that will let him do these types of deals more often than he thought. Want to hear the nitty gritty so you can tackle something as lucrative as this? Sit back, relax, press play, and prepare for your next big property purchase!  In This Episode We Cover: Transitioning from single-family rentals to multifamily vacation rental investments  Hotel hurdles and what you should know before investing in a multi-unit short-term rental Big BRRRRs and how to revive a rental property that has serious deferred maintenance  How to find contractors when you’re in a low-population investing area The right way to transfer ownership after you’ve bought a not-so-straightforward property Seller financing and getting deals with lower interest rates and far more flexible lending And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Our Interview with Heather Blankenship on RV Park Investing Are There Opportunities in Hotel Investing in 2022? Struggling to Find a Stellar Contractor? Try These 9 Pro Tips The Definitive Guide to Using Seller Financing to Buy Real Estate Watch Rob’s Video on This Property Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-660 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nobody likes cold calling. Even just the thought of cold calling is enough to make seasoned real estate investors start to sweat. The waiting, debating, and constant rejection can get to anyone. So why not take the stress out of a tense situation? Why not make cold calling a game? Luke Rotvold decided to do just this. As a new wholesaler, he was used to spending hours on the phone every day. He got so bored that he started playing video games while negotiating with sellers. Surprisingly, it didn’t distract him—it made finding deals far easier. Luke severely leveled up his cold calling skills during those eight-hour long Madden marathons, and eventually started making enough money to build his own team. But Luke didn’t want to start something that felt like a drag to the workers, employers, and everyone else in between. Instead, Luke built a lifestyle-first business, where everyone wins (and loses) together, and coming to work feels like an escape, not a prison sentence. The results speak for themselves as Luke and his team have been able to crush massive wholesaling, flipping, and investing goals. Luke has made hundreds of thousands on flips, tens of thousands cold calling, and now watches as his cascading cash flow rolls in from his buy and hold investments. He breaks down his four tips to gamify your real estate business so you, and your team, can build wealth together. In This Episode We Cover: Why cold calling is such a difficult skill to master and how making it fun will get your more deals Creating a company culture that outside employees will be envious of The four ways to gamify your real estate investing so you can enjoy getting more done Sharing the wins, and losses, with a team so everyone rises together  Incentivizing not only your employees but yourself by building powerful goals Partnering with those you work with so you can collectively build bigger portfolios  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter 5 Cold Calling Techniques That Really Work No. 1 Most Effective Way to Master the Art of Cold Calling Which Company Culture Cultivates Competency? Books Mentioned in the Show: Top Five Regrets of the Dying by Bronnie Ware The Monk Who Sold His Ferrari by Robin Sharma Connect with Luke: Luke's Instagram Luke's YouTube Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-659 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates went from being a nap-inducing topic to becoming one of the most talked about, researched, and debated subjects of 2022. After two years of rock-bottom interest rates, homebuyers and investors are getting a rude awakening with some of the biggest mortgage rate hikes in decades, used simply to slow down the economy’s rampant inflation. But where are we headed, and if interest rates go higher, is there a way that the everyday investor can still lock in a low payment? There’s no better person to ask than US Wholesale Mortgage’s Mat Ishbia. Mat has been running the US’s largest wholesale mortgage company for decades, so he knows the ins and outs of the industry better than anyone else. His company provides some of the lowest payments and fastest closings for residential and investor borrowers around the country. With all this background knowledge, where does Mat think that mortgage rates are headed by the end of 2022? Mat pulls out his wealth of knowledge to give investors just like you the best glimpse into the future on this month’s BiggerNews episode. Not only that, Mat walks through how every borrower can save a whopping $9,400 on their next mortgage by making one simple move, and why investors should work with a mortgage broker first, not a mortgage lender, when trying to find the best rates, service, and closing dates around. In This Episode We Cover: Why working with a mortgage broker gives borrowers better pricing and flexibility Interest rate predictions as we enter into the second half of 2022 Where to find the cheapest mortgage (regardless of interest rates) Housing market forecasts and whether or not the recession will hit homebuying DSCR loans and other investor-only loans that won’t require a W2  How interest rates are calculated by mortgage lenders and what happens behind the scenes And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Find a Lender in Your Area What’s the Difference Between a Mortgage Banker and a Mortgage Broker? Ask These 19 Questions to Find the Best Mortgage Lender Hear About David’s Low Money Down BRRRR Deal David's BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Mat: United Wholesale Mortgage Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-658 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The best way to build wealth isn’t always the most obvious. More people will take the passive road to wealth building, which is usually far slower, and much less efficient than the active path to wealth. The active investor takes time making calculated decisions that would scare almost every average investor. Flipping a house, renovating a rental, or buying a thirteen-unit apartment building may be a little too much for most people, but probably not too much for you. If you’re looking to fast-track your way to millionaire status, have the passive cash flow to float you in retirement, and live life on your schedule, then real estate investing is probably your chosen asset. The guests of today’s Seeing Greene episode prove this even with their quick questions. In this episode, David will answer questions on which investing strategy is best over the next ten years, whether to invest in stocks vs. real estate, how to start investing with as little as $5K and up to $100K, and how increasing your leverage can slingshot your net worth. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: The 1031 exchange explained and how to turn one property into many  Single-family vs. multifamily real estate and which will make more in the next decade Real estate coaching and why it might not be as good of a career as most people think Stocks vs. real estate and which is better for the investor trying to build wealth now Paying off debt vs. investing in real estate and how to know which move is right for your specific circumstance How to start investing with as little as five-thousand dollars (even with no experience!) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Ask David Your Real Estate Investing Question BiggerPockets Real Estate Podcast 639 with Matt Argersinger from “The Motley Fool” Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-657 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

A “dead” real estate deal happens more than you’d think. Somewhere along the line, a buyer, seller, agent, or investor gives up. Either there’s not enough money, time, or patience left in the deal to get the property bought or sold. When real estate transactions drag out, you could get caught with months of holding time or thousands in inspection costs, only to have the deal drop out from under your feet. So, how do you revive a dead deal when everyone else has given up? Just ask Tyler and Trevor Sarter. Tyler and Trevor are based in Detroit, dealing with lots of international investors who want a piece of the cash-flowing pie. They work primarily as wholesalers, but also flip houses, and advise/consult their investors from abroad. They have a “do what you need to do to get the deal done” type mentality, which to no surprise has served them very well in their business. When other investors give up, Tyler and Trevor are waiting in the wings to get the property closed. As two former basketball players, they understand what working as a team means and how everyone needs to play their part in order to become champions. They’re not as profit-oriented as they are solution-oriented, making sure everything gets done no matter what comes their way. Because of this, they’ve built a successful real estate business, better yet as two brothers. In This Episode We Cover: How to find buyers, sellers, and deals as a wholesaler, flipper, and investor Keeping the deal “alive” and why over-communicating is necessary to start investing Staying organized and building a fine-tuned machine that will run even when things go wrong How to prepare yourself as a rookie real estate investor for your first deal  Using real estate to help friends and family deal with tough situations (while you also make a profit!) Finding the “MVP” of your team and the support roles that will boost that player up  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter The Newbie’s Guide to Wholesaling in 7 Simple Steps How to Build a Highly Effective Real Estate Team REIPro PropStream Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki Millionaire Real Estate Investor by Gary Keller The Millionaire Fastlane by MJ DeMarco Mastery by Robert Greene Connect with Tyler & Trevor: Tyler's BiggerPockets Profile Trevor's BiggerPockets Profile Work with Promise Land Realty Work with Promise Land Realty on Instagram Work with Promise Land Realty on Twitter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-656 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Private money lending has become a hot topic over the past few years. With rising equity and asset prices, more lenders have come out of the woodwork, and an equal amount of investors have sprouted up to match the need. But taking on private money isn’t a light decision, although most investors think of it that way. Doing a deal the wrong way could put your reputation in jeopardy and rack up an expensive bill you’ll need to pay back. Before you accept (or lend) private money, there are a few things you should know. But you don’t have to go through trial and error to figure them out! Back on part four of this private money series is Amy Mahjoory, investor and private money expert. Amy goes into the nitty-gritty of private money, from debating debt vs. equity to the risk of raising capital, protecting your investors, and the type of interest rates you can charge and returns you can expect. If you haven’t raised or lent private money before, we recommend watching the entirety of this four-part series, as it answers crucial questions that rookies can often overlook. We also follow up with some Q&As from the comment section about how to pay a private money lender back, why coaching is seen as scammy, and the three documents you’ll need to do a private money deal. In This Episode We Cover: Raising debt vs. equity for your real estate deal and which one comes with more risk Building rapport with lenders and never accepting “random” investments  The most common private money red flags for both lenders and investors The three documents you’ll need to accept a private money loan  Finding “silent partners” who will fund your deal without overriding your decisions The best investment opportunities of 2022 in multiple different niches And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Amy’s Private Money Resources BiggerPockets Podcast 636 with Amy Part 1 BiggerPockets Podcast 637 with Amy Part 2 BiggerPockets Podcast 654 with Amy Part 3 BiggerPockets Podcast 649 with Alex Hormozi Raising Private Money Live Event Coaching with Amy - PML Excel Course Amy's E-book Books Mentioned in the Show: Lend to Live by Alexandria Breashears & Beth Johnson Raising Private Capital by Matt Faircloth Pitch Anything by Oren Klaff Connect with Amy: Amy's Website Amy's LinkedIn Amy's Instagram: @amymahjoory Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-655 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding a private money lender is far less complicated than people think. Striking up a ten-minute conversation could be enough to find your next round of private money. At least that’s how it worked out for Josiah. Josiah is a small business owner, running a pool cleaning business while building up a small portfolio of rental properties. He sees dozens of new faces every day, and those new faces directly translate into new opportunities. After hearing our past episodes with Amy Mahjoory, Josiah took some of her tips and began pitching his deals to everyone he encountered. Now, he’s got some private money lenders lined up for his new multi-unit, four and a-half acre, short-term rental real estate deal. We told you—raising private money is a lot easier than most people think! But we’re not just talking to Josiah today. We also have Amy back on the show for part three of her private money masterclass. This time, Amy talks about building the “credibility pieces” that give private money lenders confidence in you, your team, and your deal. These range from presentations to deal reviews, calculators, and more. These private money tools took decades to build and Amy still uses them today! Interested in testing out some of Amy's private money-raising tools? Check out the BiggerPockets Real Estate Podcast show page for links! In This Episode We Cover: Josiah’s "pool guy to private money" story and how anyone can find private money in their area The FACT framework recap and using it to establish a system for finding private money Building rapport and creating credibility by showcasing yourself, your deals, and your team The sixteen “credibility pieces” Amy uses every day to engage more private money lenders How to be prepared when private money lenders ask you specifics about a certain deal A brief lesson in how to escape a bear “attack” from Rob Abasolo And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Amy’s Private Money Resources BiggerPockets Podcast 636 with Amy Part 1 BiggerPockets Podcast 637 with Amy Part 2 Coaching with Amy - PML Excel Course Amy's E-book Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Lend to Live by Alexandria Breashears & Beth Johnson Raising Private Capital by Matt Faircloth Connect with Amy & Josiah: Amy's Website Amy's LinkedIn Amy's Instagram: @amymahjoory Josiah's Instagram: @josiahhein Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-654 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve probably seen Flip or Flop before. Even if you’re not a home flipper, it’s hard to not get sucked into the glitz and glamor of watching Tarek El Moussa and his team rip out old fixtures from the 1950s and replace them with brand new, beautifully designed upgrades. Tarek is one of the most recognized home flippers in the world and has inspired thousands of others to start building wealth through real estate. He’s an inspiration to all of us, but how did he get to such a peak point? Tarek wasn’t a great flipper right out the gate. He electrocuted and burned himself on his first deal, but that wasn’t enough to deter him. Before the great recession, Tarek was living large, making forty-thousand dollars a month in his early twenties. But when the crash came, he had to sell everything and start from scratch. After attending a real estate seminar he caught the flipping bug and realized he needed to invest in real estate full-time. After a successful first flip, he pitched the idea of Flip or Flop to different television networks, with HGTV finally giving him a chance. He describes the first season of Flip or Flop as working eighteen-hour days, constantly stressing, and forcing himself to build a business, not just a side-hustle. This allowed him to delegate by buying more flips and building wealth faster. Funnily enough, his main piece of advice for flippers isn’t to try and make more money—it’s to start losing it instead. In This Episode We Cover: Tarek’s five house flipping tips that anyone can use to successfully start flipping The single biggest mistake that most flippers (and investors) make Flipping while filming and how to pitch a TV show as a complete novice Why finding real estate deals is the most important thing a house flipper can do Knowing your market and the key metrics to look for when investigating an area Designing a renovation that will beat out the comps in your neighborhood  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Enroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10” Do You Make These 7 Deadly House Flipping Mistakes? Books Mentioned in the Show: Long-Distance Real Estate Investing by David Greene The Book on Flipping Houses by J Scott Connect with Tarek: Invest with Tarek and His Team Tarek's Instagram: @therealtarekelmoussa Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-653 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You may already be a landlord, or you might still be searching for your first rental property. How should you go about finding a winner? What’s the best real estate market to invest in and how do you make the most money while having the least amount of stress? Only experienced landlords know how to answer these questions. They’ve bought dozens of houses, dealt with numerous tenants, and been through trial and error, so you don’t have to. And that’s exactly what this episode is all about. Ashley Kehr, host of the Real Estate Rookie Podcast, and Craig Curelop, author of The House Hacking Strategy, are here to answer common landlording FAQs. Both Ashley and Craig have had so much interest in their individual endeavors that they’re now hosting the BiggerPockets Bootcamps! Ashley’s will teach you about buying (and managing) your first property the right way, while Craig’s house hacking bootcamp will give you everything you need to buy your first house hack property in just ten weeks! Along with real estate regulars David Greene and Rob Abasolo, Ashley and Craig will be touching on some hot topics in today’s episodes. Topics like when to give rent credits to tenants, pros and cons of renting by the room, the first steps to take after getting a property under contract, how to show your rental units, and where to find the best real estate markets around.  In This Episode We Cover: Tenant rent credits, when to apply them, and the dangers of using them improperly Pros and cons of renting by the room and how house hacking can be seriously profitable Mixed-use properties and the first steps you should take after getting one under-contract In-person vs. virtual showings and which are better for leasing/selling a property Becoming a “passive” landlord and setting your system up to take care of headaches for you The telltale signs of a great rental property market and which states show the biggest signs of progress And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Enroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10” Listen to The “Real Estate Rookie” Podcast with Ashley Kehr Avail’s Landlord-Tenant State Laws Book Mentioned in the Show: The House Hacking Strategy by Craig Curelop Connect with Craig & Ashley: Ashley's BiggerPockets Profile Craig's BiggerPockets Profile Ashley Instagram: @wealthfromrentals Craig's Instagram: @thefiguy   Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-652 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a recession affect real estate investors? With layoffs, high inflation, and affordability problems, can the average American even afford to rent? What about vacation rentals—will short-term rental hosts see occupancy drop as families run out of disposable income? These types of questions can strike fear into rookie real estate investors, but we’ve brought along some veterans to clear up the facts from fiction. Welcome to another episode of Seeing Greene where David is joined by numerous expert investors to help him answer real estate-related questions. Ashley Kehr, Avery Carl, Craig Curelop, and Matt Faircloth are all on today’s episode to answer questions ranging from recession risk to house hacking income, scaling from small to large multifamily, and more. If you want to dive deeper into any of these niches, be sure to sign up for the BiggerPockets Bootcamps, featuring strategy-specific live lessons for house hackers, short-term rental hosts, multifamily investors, and more. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Finding a mentor and how to choose a real estate market as a beginner Where the short-term rental market is trending and whether or not recession puts it at risk Renting to family and friends, whether to discount rent, and how to treat them as a tenant Debt-to-income ratios and how house hacking rent could affect yours Scaling from small multifamily to large multifamily properties and the differences between the two Investing in real estate vs. stocks and the risks of selling a rental property HELOCs vs. cash-out refinances and which is best when buying more real estate And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Enroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10” No, Life Isn’t Fair—But Here’s How You Can Turn Things Around Books Mentioned in the Show: The House Hacking Strategy by Craig Curelop The Multifamily Millionaire Part 1 by Brandon Turner & Brian Murray The Multifamily Millionaire Part 2 by Brandon Turner & Brian Murray Raising Private Capital by Matt Faircloth Short-Term Rental Long-Term Wealth by Avery Carl Connect with Ashley, Avery, Craig & Matt: Ashley's BiggerPockets Profile Avery's BiggerPockets Profile Craig's BiggerPockets Profile Matt's BiggerPockets Profile Ashley's Instagram: @wealthfromrentals Avery's Instagram: @theshorttermshop Craig's Instagram: @thefiguy Matt's Instagram: @themattfaircloth Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-651 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you quit your job? If you’re a new investor, this question can be extremely daunting. W-2s provide security, insurance, and consistent income so you can get approved for loans and lending. But at some point, especially as things take off, holding onto a job could be holding you back. But how do you know whether or not it’s time to quit? Take advice from some veteran quitters, Pat Hiban and Tim Rhode. You may have heard Pat and Tim on episode 648 of the BiggerPockets Real Estate Podcast, where they lay out their quitter’s journey on how leaving their lines of work made them more money with far less stress. Now, they’re taking live scenarios from BiggerPockets listeners and playing “2 Legit or Quit,” to give their expert insight on whether or not the job is worth the wage. Pick up Pat and Tim’s newest book, The Quitter’s Manifesto: Quit a Job You Hate for the Work You Love, today!  Link Mentioned in this Episode: Grab Your Copy of “The Quitter’s Manifesto” Hear Pat and Tim’s Past Episode 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile David's BiggerPockets Profile David's Instagram Check the full episode: Why Winners Quit: The 5 Factors to Leaving a Soul-Sucking Job Learn more about your ad choices. Visit megaphone.fm/adchoices

RV park investments are probably not the first thing you think of when somebody says “real estate investing.” You’re probably used to single-family homes, duplexes, apartments, or something that has to do with long-term, residential real estate. What if we told you there was a hidden niche in the real estate investing arena, one with less competition, sky-high revenues, and almost unlimited ways to cash flow.  Heather Blankenship has been in the short-term rental investing niche for more than a decade. It was much different back when she got started. On a coast-to-coast road trip, Heather had the idea to buy an RV park. She had no experience, no money, and knew nothing about hospitality operations. She was, quite surprisingly, able to find and buy a $3.2M RV park, which she’s now upgraded into a $15M property.  Don’t get her story wrong, this is not a “fake it till you make it” type scenario. Heather put in years' worth of long days, longer nights, and enormous effort to make properties just like this one, finally profit. Now, with three kids and a portfolio worth over $30M, Heather has become one of the leading figures in creative short-term rental investing. If you’ve never thought about glamping, camping, or RV park investing, this episode will seriously pique your interest.  In This Episode We Cover The massive cash flow you can earn from RV parks, campsites, and glamping  How the short-term rental space is softening and what hosts can do to stand out Ditching the traditional travel sites and why building a direct booking site may be the best move for investors  The dozens of ways you can make money owning an RV park or campsite  Commercial financing, permitting, and everything else you must know before buying a large short-term rental property  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Hear Heather’s Interview on The “Real Estate Rookie” Podcast Fanboy with Rob over Matthew McConaughey’s Interview Campgrounds—The Investment You’ve (Probably) Never Thought About Use the BiggerPockets Tools on Your Next Deal Books Mentioned in the Show: The Gap and the Gain by Dan Sullivan The Ruthless Elimination of Hurry by John Mark Comer Connect with Heather: Heather's BiggerPockets Profile Heather's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-650 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Hormozi is quite literally the one hundred-million-dollar man. If you haven’t heard of Alex before, prepare to have your mind blown wide open. He’s the poster child for entrepreneurialism on the internet, founding multiple eight and nine-figure businesses, including his current venture that does over $150M per year in revenue. He’s one of the wisest founders and CEOs out there, not because he does so much, but because he knows when to do less. One of Alex’s first successes, Gym Launch, proved how repeatable building multi-million dollar businesses can be. He quickly ramped up revenue, grew a team, and began cash-flowing seven figures. But, this was just the beginning. Over the past decade, Alex has advised numerous start-ups and established businesses, blowing revenue and sales figures out of the water by introducing easily-repeatable systems into the mix There aren’t many people who think like Alex is in his industry, or in any industry, to be fair. But, you don’t need to be just like Alex to use his teachings in real life. In this episode, Alex lays out the scaling system that will make you seven figures before you know it. He also talks about the one investment every entrepreneur should make—one that almost guarantees success, regardless of the field you're in. Want to learn how to ditch the burnout, make moves that count, and start bringing in millions? Hit play on this episode. In This Episode We Cover: Alex Hormozi’s journey from complete rookie to $150M in cash flow  How to scale your business from low revenue to seven-figures and beyond  The “weak link” every entrepreneur should focus on strengthening immediately  Hiring the “stallions” that can run your business better than you’ve ever dreamt  The “prescriptions of activation” that lead to massive success, with far less confusion  Why just being “good enough” can lead to more success than people think  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter The Simplest Way to Successfully Scale Your Business The Millionaire Formula—10 Steps to Hit 7-Figure Net Worth How to Succeed at Doing Anything w/David Greene Books Mentioned in the Show: $100M Offers by Alex Hormozi Crushing It in Apartments and Commercial Real Estate by Brian Murray Connect with Alex: Work with Alex and Scale Your Business at Acquisition.com Alex's YouTube Alex's Instagram Alex's Twitter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-649 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Quitting your job is a big decision and it doesn’t always lead to the perfect outcome—at least not immediately. Most people think that you have to be miserable or make very little money to want to quit a job, but even high earners still find themselves struggling to attend their nine-to-fives. Pat Hiban is the perfect example. He quit during his prime even as he was making a high income and after owning his own company. Regardless of all the respect, responsibility, and ability to make phenomenal income, it just wasn't enough for Pat. You may be feeling the same. Maybe you’re daydreaming about multifamily investing as you sit at work, or picturing the perfect vacation rental property on your commute. Whatever your reason, quitting might be the best move for you to make, but only if it’s the right time. Don’t worry if you’re struggling with decision fatigue, Pat and fellow quitter Tim Rhode just came out with their newest book, The Quitter’s Manifesto: Quit a Job You Hate for the Work You Love. In it, Pat and Tim give stories and tools that will help you on your path to building wealth while leaving a job that you hate. The resources you’ll find in this book are exactly what our very own David Greene used when deciding to quit his highly lucrative, but mentally draining job as a police officer. If you’ve been sitting on the fence, not knowing the next step to take in your career, this book may be exactly what you need. In This Episode We Cover: How to quit your job and start investing in real estate full-time The five factors of a soul-sucking job and how to evaluate whether or not it’s time to jump ship Finding the "quitter’s trapeze” that can help you transition from W-2 to self-employed worker Building your team of quitters who will hold you accountable and take you to the next level of your career What it looks like when you’re ready to quit and how to emotionally prepare for the impact And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 190 with Pat BiggerPockets Podcast 353 with Tim Hear David’s Real Estate Origin Story on The “BiggerPockets Money Podcast” 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job Books Mentioned in the Show: 6 Steps to 7 Figures by Pat Hiban The Quitter’s Manifesto by Tim Rhode and Pat Hiban Connect with Pat & Tim: Pat's LinkedIn Pat's BiggerPockets Profile Tim's Website Tim's LinkedIn Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-648 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone wants more real estate leads. It doesn’t matter if you’re an agent, investor, flipper, or mortgage broker. The more prospective buyers and sellers, the better. But what happens when you finally get those leads? Maybe you’re cold calling, meeting for coffee, or linking up at the property. What do you say to let leads know that you’re the best agent or investor around and that they can trust you to get the deal done? Juliet Lalouel has a simple, fool-proof answer for you. Juliet operates out of Hawaii, one of the nation's hottest real estate markets. She’s done everything from working in restaurants to running a bike business in her garage, to even becoming the go-to matchmaker for musicians that want to invest in real estate. She’s worn a lot of hats and even decided to leave one of the top teams in the state to go solo as an investor agent. When she realized all the leads were coming from her own personal network, she decided to make the jump on her own. Now, she’s actively flipping, buying, and selling homes for not only herself but her investor clients throughout the islands. She’s been able to grow a respectable network, one which many investors dream of having, and she did all of this through tweaking her “tonality.” If you want to hear why this small change led to such big results, be sure to listen all the way to the end of this episode. In This Episode We Cover: How to get more real estate leads as an agent, investor, or broker Why “tonality” is such an important part of your pitch when selling yourself to clients Building your investor network and gaining the trust of the biggest players in your area Why every investor or agent should reassess their emotional intelligence (and how to improve it) The five-second pitch to earn a lead’s trust as soon as they pick up the phone Why no type of experience is unimportant when it comes to building real estate skills  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Amy Mahjoory’s 4-Second Power Pitch Books Mentioned in the Show: SOLD by David Greene SKILL by David Greene Pitch Anything by Oren Klaff Thinking, Fast, and Slow by Daniel Kahneman Never Spilt the Difference by Chris Voss 48 Laws of Power by Robert Greene Connect with Juliet: Juliet's Website Juliet's Instagram HeavyRealty's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-647 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Every investor has wondered how to invest like Warren Buffett. He’s arguably the best stock trader of all time—preaching the fundamentals of investing in equities, something that most modern-day investors seem to forget. We’re seeing the same thing in the real estate industry. With a runup of home prices and stock prices over the past two years, almost every investing strategy has worked. But, as prices begin to plummet, overconfident investors are starting to see the errors of their ways and that making money isn’t always easy. So in today’s risky environment, we have to ask: what would Warren (Buffett) do? Someone who’s been asking that question for years is Trey Lockerbie. He’s co-host of We Study Billionaires, where he interviews some of the best and brightest investors on planet earth. Trey has lived an interesting life. He was a musician, went on the road for years, started a kombucha brand, and now reads everything he can on how to build billion-dollar businesses and billion-dollar wealth. With the aura of fear many of us are feeling in the investing space, Trey brings in some much-needed clarity on what investors should and shouldn’t be doing right now. And he got some of this advice directly from top stock investor himself, Warren Buffett. While we do go deep into the coming opportunities for real estate investors, we also hear about how stock investing isn’t so different, and why the massive drop in cryptocurrency prices could be an opportunity for investors who are on the fence about blockchain. Regardless of what you invest in, how much you invest, or whether or not you’ve started investing, Trey can enlighten you on how to maximize the decision you’re about to make. In This Episode We Cover: Secret investing lessons learned at a dinner with Warren Buffett Understanding the “human” element behind why markets rise and fall Fear vs. greed and whether or not to buy in an overly pessimistic investing environment Why Bitcoin is becoming more attractive to real estate investors even as its price drops Inflation, money printing, and how the world’s debt works How high will interest rates go and what investors should prepare for Starting a business that can sell for millions (or billions) and how to get there And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Listen to Our Past Episode with “We Study Billionaires” Host Stig Brodersen Check Out Our Episode with Ed Mylett on Investing Opportunities in 2022 How I Hired Warren Buffett as My Real Estate Mentor “We Study Billionaires” Podcast Connect with Trey: Trey on Twitter Drink Some of Trey’s Superb Kombucha Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-646 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you borrow money from your family? It could hurt your relationship if the deal goes wrong, but strengthen an existing partnership if everything goes right. Maybe a better question—how should you start raising private capital for your real estate deals? When it comes to the debt vs. equity debate, which makes more sense in your situation? Don’t worry, we’re bringing answers to all these questions and more! Welcome back to another episode of Seeing Greene, where your host David Greene answers questions from both aspiring and established real estate investors. We’re also joined by Alex Breshears and Beth Johnson, two expert private money lenders and authors of the newest BiggerPockets book, Lend to Live. They help tag-team some private money-specific questions as well as give context on who you should and shouldn’t accept funding from. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to use real estate depreciation to offset income from a W2 Sell, refi, rent, or hold—which is the best move as the market gets shaky? Whether building a purely passive real estate portfolio is possible or improbable How to pay back private money and whether taking debt vs. equity partners is the best move Borrowing money from family and how it could hurt your real estate deals and relationships Why understanding a lender’s pain points is mandatory before accepting money from them And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Podcast 636 with Amy Mahjoory (Part 1) BiggerPockets Podcast 637 with Amy Mahjoory (Part 2) Scott Trench’s 10-Step Checklist to Buy Your First Rental Property Books Mentioned in the Show Lend to Live by Beth Johnson and Alex Breshears The Win-Win Wealth Strategy by Tom Wheelwright Set for Life by Scott Trench Connect with Beth & Alex: Alex and Beth Email on Lend2Live Beth's Email on Flynn Family Lending Alex' BiggerPockets Profile Beth's BiggerPockets Profile Lend2Live Flynn Family Lending Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-645 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The BRRRR method (buy, rehab, rent, refinance, repeat) is commonly known among real estate investors as one of the fastest ways to build a portfolio of rental properties. The beauty of the BRRRR strategy is that it takes less time and money to get properties to cash flow with baked-in appreciation. But what if you were to ramp up the BRRRR method, so instead of doing a BRRRR every year, you did it 125 times a year. Sounds a little insane, right? Meet the man behind the madness, Chad Beeman, who has (and this is not an exaggeration) bought and BRRRRed fifty rental properties in the past six months. This is a staggering amount of properties to buy in such a short amount of time. The craziest part? Chad is planning on purchasing another seventy properties over the next six months! So how is he able to buy so many properties, scale so quickly, and do so without losing his balance? Chad walks through his small team, system, and thought process that helps him stay so successful. He’s had some blunders in the past (like spending $30K rehabbing the wrong house) but has thought of them as “tuition” when investing in real estate. Thanks to these mistakes, he’s been able to grow faster, build more than a million dollars worth of appreciation, and shoot well past financial freedom in his real estate investing journey. In This Episode We Cover: Why the BRRRR method is perfect for those who are strapped for cash but want to build wealth How the current housing market is affecting BRRRR deals and the art of making multiple offers Becoming an “accidental millionaire” and how real estate wealth grows in the background Building a small team, learning to outsource, and developing the “Who Not How” mentality  Real estate partnerships and how they can allow you to buy more properties using less money Why you should always double-check you’re at the right house BEFORE doing a renovation And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Listen to Our Interview with “Who Not How” Author Dan Sullivan Use the BiggerPockets Calculators to Analyze Your Next Rental Property Books Mentioned in the Show BRRRR by David Greene Who Not How by Dan Sullivan Connect with Chad: Chad's Instagram Chad's LinkedIn Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-644 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

A 3D printed house isn’t all that different from a traditional home—except they are stronger, faster to build, easier to maintain, and cost much less than your average “stick-built” home. These 3D printed homes can be printed in as little as two days, with a crew of only two workers, using much cheaper material than traditional builders use. Does this mean that a wave of ultra-affordable homes is about to hit the market, or is this still just a futuristic theory that may never come to fruition? We’re back with this month’s BiggerNews, as we dive into the world of 3D printed houses, the future of building costs, and how the housing crisis could be quickly solved with printable and profitable homes. Zachary Mannheimer, CEO of Alquist 3D, is here to share his knowledge on how the construction industry is about to be severely disrupted. To Zachary, 3D printed homes could help millions of Americans who struggle to find housing, as well as make housing affordable for everyday workers. Zachary’s team designs and builds 3D printed homes, and while it may seem a bit far off to most investors, Zachary thinks we’re only a few short years away from a takeover in how housing is built. With massive cost savings for developers, immediately accessible parts for maintenance, and some of the strongest materials used in construction, 3D printed houses aren’t just a replacement for traditional homes, they’re a complete upgrade. In This Episode We Cover: How does 3D printing work and the new way to build residential homes The housing inventory shortage and how 3D printed houses could be the solution Huge cost savings and how developers could build homes for far cheaper Comparing 3D printed houses to traditional homes and which will win in the long-run Whether cheaper homes could help or hurt landlords and real estate investors  Creating jobs, trade schools, and technical programs around 3D printing And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Hear More About 3D Printed Homes on This Week’s “On The Market” Episode U.S. Housing Starts Fell Again In June—What It Means For Investors Get Behind The Shine—A Weekly Textletter from David Greene Connect with Zachary:  Zachary’s Team at Alquist Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-643 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Is private money lending the next best way to invest? To the everyday landlord, home flipper, or once-in-a-while investor, private lending seems completely foreign. Why would you lend money when you can put it into your deals? And even if you wanted to, wouldn’t it take millions, or at least a few hundred thousand dollars to get started? Surprisingly, private money lending is available to more people than you think, and it could be your next way to make truly passive income. Alex Breshears and Beth Johnson were neither millionaires nor active investors when they started lending private money. Over time, they realized that they had grown relationships with active real estate investors, many of which always needed funding for the next deal. While swinging hammers and painting baseboards may sound fun to active BRRRRers or flippers, to Alex and Beth, the passive income that came in from private money lending was even better. They’re now so ingrained in the world of private money lending that they’ve written the newest BiggerPockets book, Lend to Live, where they talk about how to build “hassle-free passive income” by lending private money. In this episode, they go over how a new investor can start lending, what to look out for in a lender when you need money for deals, and how even with a few thousand dollars, you too can start building truly passive income streams. In This Episode We Cover: How any investor can start lending money for a substantial profit Why private lending has become more popular as investment funding becomes limited Hard money vs. private money and why you should never confuse the two What to look for in a private money lender and how to vet them before you invest Protecting your money as a private lender and what you need to do to secure a return Where private money lenders can find investors who are looking to invest  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Why Private Money Lending is a Perfect Alternative to Active Investing The Perks & Process of Becoming a Private Lender Books Mentioned in the Show Lend to Live by Beth Johnson and Alex Breshears Extreme Ownership by Leif Babin Cashflow Quadrant by Robert Kiyosaki Psycho-Cybernetics by Maxwell Maltz, M.D Connect with Beth & Alex: Alex and Beth Email on Lend2Live Beth's Email on Flynn Family Lending Alex' BiggerPockets Profile Beth's BiggerPockets Profile Lend2Live Flynn Family Lending Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-642 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Vacation rentals, real estate agent commissions, brokerage fees, insurance quotes, and everything in between just start to scratch the surface of who Christian Bachelder is. Some of you may have seen Christian before on our YouTube channel where he talks about interest rates, loan products, and other future financing projections. But today, Christian gets to talk about how he not only built a large rental portfolio but did so while running multiple businesses. Even as full-time workers, many Americans feel like they don’t have enough time in the day to relax, let alone invest. So how does someone with a jam-packed schedule, a lot of pressure, and a mountain of responsibilities find time to not only buy one rental but fifteen rental properties in a year? To Christian, it took a bit of trial and error, but the answer is simply making your time as efficient as humanly possible. He’s been able to heavily invest, start and run one of the top mortgage brokerages in the country, work as an agent, and provide insurance to clients as well. He drills down into what business owners and investors alike need to do to reclaim their time, and once it’s theirs, use it to the highest and best use. He also drops some financing pro tips that may help you lower the down payment you need or close with a better-than-average interest rate! In This Episode We Cover: Turning your referrals into full-blown businesses that can build your wealth Why investors should always choose brokers, lenders, and agents who invest themselves  The velocity of time and why focusing on “return on time” beats ROI when investing Creative financing and loan programs that can save you serious cash at closing Partnering up to not only buy real estate but build businesses faster How to get three times more work done in the same amount of time And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter BiggerPockets Short-Term Rental Calculator Work with The One Brokerage on Your Next Loan Books Mentioned in the Show SOLD by David Greene SKILL by David Greene BRRRR by David Greene Long-Distance Real Estate Investing by David Greene Never Split the Difference by Chris Voss Connect with Christian: Christian's Email Christian's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-641 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to buy your first rental property can be the difference between you building a life of financial freedom or merely treading water working for active income. The life of a real estate investor isn’t glamorous, but it leads to generational wealth, time freedom, and the ability to do what you want, when you want, with who you want. The first step to becoming a real estate investor is buying your first real estate deal. This first step is where ninety-nine percent of people stop, but it’s where you will start. Dave Meyer, VP of Data and Analytics and host of On The Market, has built a financial freedom-permitting property portfolio over the last decade. He doesn’t have thousands of units, but even with his medium-sized portfolio, he’s been able to travel the world, live abroad, and continuously build wealth. He’s here to teach you exactly how to do the same by buying your first, second, or third real estate deal in the next 365 days! If you’re able to do so, you will see your life start to change before your eyes. Money will be easier to find, deals will come your way, and passive income streams will be dug in your direction. If you’re able to buy your first (or next) deal like Dave describes, put systems in place for future purchases, and slowly build a team around you, your dream rental property portfolio won’t be too far away. In This Episode We Cover: The 3 “Ds” of real estate investing and how to get over their obstacles Why every smart investor continues to buy even in murky housing markets like today Building the “LAPS” funnel that will send real estate deals your way How to analyze a rental property for free using the BiggerPockets rental property calculator The different types of ways you can buy real estate with no money down  Why the first three real estate deals matter more than most people think And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Listen to Dave on The “On The Market” Podcast: Spotify, Apple Podcast, & BiggerPockets BiggerPockets Rental Property Calculator BiggerPockets Rent Estimator BiggerPockets Agent Finder BiggerPockets Deals for Sale Already a Pro Member? Use Code “PRORENTAL” to Get All the Upgrades Mentioned in This Video Books Mentioned in the Show Real Estate By The Numbers by Dave Meyer BRRRR by David Greene Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-640 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

REITs have long been a passive income generator for many who don’t want to deal with the trash, toilets, and tenants that come with rental property investing. No 2 AM phone calls, no listings, no showings, and no sales. With REITs (real estate investment trusts) you simply click a button, buy a share in the company, and wait for your passive income (dividends) to flow into your account. Seems pretty sweet right? Matt Argersinger from The Motley Fool agrees. Matt isn’t your typical stock investor. He’s owned multiple rental properties and has even house hacked and put in some serious sweat equity. He knows that leverage and forced appreciation are huge wealth builders in the realm of real estate, but still chooses to invest in REITs instead of rentals. Why? Matt is focused more on creating passive income—as in TRULY passive income—no tenant surprises or maintenance calls to make. Matt wants to research, invest, and let his net worth grow, all while still receiving real estate-generated cash flow. Maybe you’re skeptical. How can passive investing be so easy? If you’re brand new to REITs, Matt does a phenomenal job at explaining what they are, how they work, which types to buy, and what you can do to get started investing today. Regardless of your knowledge of the stock market, if you like income-producing real estate, this episode is for you. In This Episode We Cover: What are REITs (real estate investment trusts) and how they work Why buy REITs instead of rentals, plus the benefits of both Cheap REITs that are becoming undervalued as the stock market crashes  Mortgage vs. equity REITs and why higher cash flow could mean higher risk The dangers of day trading and how long investors should hold onto REITs The key metrics any investor needs to research before investing in a REIT And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Henry's BiggerPockets Profile Henry's Instagram Hear David on “Motley Fool Money” Join the Real Estate Winners and Grow Your REIT Portfolio Invest in Real Estate Without Leaving Your Computer Passive Real Estate Investments vs REITs Data Center REITs Are On Fire—Should You Invest? Connect with Matt: Matt's Website   Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-639 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Rental property investing is a great way to make cash flow, or so it seemed in the pre-2022 world. Interest rates are rising, home prices have skyrocketed, and rent can’t keep pace with this market. Brian Davila saw this in his portfolio and knew he needed to do something about it. Buying “traditional” rental properties wasn’t going to cut it, especially when the monthly cash flow was a measly few hundred dollars. How many houses would it take to grant him a life of financial freedom? To most people, Brian Davila looks spoiled for choice. He’s a young guy, doing forty or so flips per year, bringing in big active and passive income checks. If you think that Brian can’t relate to the average investor, you’re wrong. Brain immigrated to the United States at just six years old, dropped out of high school in the ninth grade, and had his first child at nineteen. He was working at Las Vegas day clubs making ten dollars an hour before he decided to become a real estate agent. After cold calling hundreds of sellers a week, Brian was able to grow his clientele and eventually become a top agent. The only problem? He had no time for his family. He made the switch to start flipping and buying long-term rentals but had to pivot once again to a different strategy that would make him more cash flow even as home prices rise. Brian knows what it takes to become very successful in real estate in a short amount of time, and if Brian can do it, anyone can.  In This Episode We Cover: How to become a successful agent and why most people shouldn’t get their license  Transitioning from trading your time for money to letting your money give you back time Brian’s biggest mistake when growing a fast-paced real estate investing business  Flipping forty homes a year and how to get around permitting pain points  Short-term rentals vs. long-term rentals and which will survive in 2022 Lowering your tax bill as a real estate investor and avoiding capital gains  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Real Estate Rookie 113 BiggerPockets Podcast 616 How to Calculate Numbers on a Rental Property Rob’s Video on The New Airbnb Redesign Books Mentioned in the Show SKILL by David Greene SOLD by David Greene Flip Your Future by Ryan Pineda $100M Offers by Alex Hormozi Connect with Brian: Brian's BiggerPockets Profile Brian's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-638 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Most new investors don’t know how to find private money for real estate. They think private money is only reserved for those with a Rolodex full of rich or well-off business people, investors, or relatives. Using this line of thinking, most real estate investors will simply buy a deal, save up for years, and do it again. If you want to get on the fast track to a respectable real estate portfolio—private money is the way to go. But you don’t have to take our word for it. Amy Mahjoory, private money expert, is back on part two of her financing and funding masterclass. Amy has grown her real estate portfolio quickly, thanks to private money. On just her second deal she was able to pay for a significant portion of the property using her private lender. Now, she urges investors, no matter their experience level, to do the same. This time, Amy walks through five strategies that any investor can use to connect with private money lenders today. These strategies are simple—so simple that almost anyone can use them and find success quickly. They don’t require lots of money, time, or experience, but you need to be aware of them next time you’re in a perfect situation to make your pitch. Try these five strategies today, and you may see your inbox flooded with private money offers!  In This Episode We Cover Why raising private money is easy when you’ve built the right systems and strategies Referrals and why word-of-mouth is one of the most powerful marketing tactics Connecting with non-real estate-related professionals to raise money How one small “investment” in attending an event can open you up to dozens of lenders at once Building an online presence so you’re known, liked, and trusted by a large community  Hosting and attending meetups, no matter the industry or your experience, to find private money And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Listen to Amy’s Part 1 Episode Brandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAY Book Mentioned in the Show: Raising Private Capital by Matt Faircloth Connect with Amy: Amy's Website Amy's LinkedIn Amy's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-637 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Raising capital for real estate is at some point what every investor must do. When you’re buying your first rental property, you can easily use your cash savings or a conventional loan to close on the property. But, on your second, third, fourth, or one-hundredth deal, finding the money (or financing) to get the deal done may start to get a little difficult. So how do you come up with the money to buy more rental properties, house flips, or commercial real estate, WITHOUT asking your parents, grandma, or friends for cash? Amy Mahjoory has raised $20M from private money lenders, none of which are related to her (she makes sure of that). Think of Amy as a capital connector, getting to know as many existing, or potential, private money lenders as possible. We know what you’re thinking, “private money lending sounds complicated, don’t only big investors do that?” Think of a private money lender as anyone who has money, isn’t doing much with it, and wants to make more of it. These lenders could be your taxi driver, your dentist, or maybe a friend of a friend. Private money is all around you, and if financing or cash reserves is what’s stopping you from doing more deals, we urge you to take the four steps that Amy outlines today. There’s a good chance you already know a private money lender! In This Episode We Cover: What is private money lending and why it’s so different from traditional financing Building a reputation that’ll turn a stranger into a trusted lender quickly The “four-second power pitch” that’ll land you lenders immediately How to make your lending process legit and the documentation needed to do so Addressing investor fear and how to make lenders feel confident in you The key to open, honest, and powerful communication when talking to any potential lender And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area “On The Market” YouTube Channel David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Access Brandon Turner’s Free Masterclass How to Find Private Money Lenders and Finance Your Deals 10 Ways to Build a Reputation as Your Market’s Premier Real Estate Investor Hard Money vs. Private Money Books Mentioned in the Show Raising Private Capital by Matt Faircloth Rich Dad Poor Dad by Robert Kiyosaki Connect with Amy: Amy's Website Amy's LinkedIn Amy's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-636 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a rental property empire isn’t easy. Whether you dream of owning five, ten, or two hundred rental units, there is a way to get there—you just need to know what it is. It took Sam Primm seven years to figure out the smartest way to invest in real estate, and now he’s here to share it with you! Sam, like many people, didn’t hate his nine-to-five job but knew that being on some else's schedule wasn’t bearable for the rest of his life. Sam partnered up flipping a few houses here, buying a few rental units there, and wholesaling for some extra cash. Three years into his real estate side business, Sam took the leap and went full-time into investing. Since then, he’s been able to buy over $20M in real estate, totaling his portfolio to a whopping $40M. This may seem unachievable to the average real estate investor, but Sam makes it clear that he isn’t special and is just a regular guy buying rentals. Through his real estate tenure, he’s been able to define exactly what the average investor needs to do to scale their real estate portfolio. His “SCALE” system isn’t complex, but it will help you double, triple, or quadruple the amount of real estate you own in a very short amount of time. Itching to go full-time into investing like Sam did? Tune into this episode, he’ll show you exactly how he did it. In This Episode We Cover: What to know BEFORE you quit your job to go full-time into real estate investing The “SCALE” system that allows you to grow your real estate portfolio faster  The best way to meet private money lenders, investing experts, and future partners Getting your spouse on board the real estate investing train Why fear is the most important feeling for new real estate investors Using social media to grow your network so you can scale faster And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area “On The Market” YouTube Channel Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Henry's Instagram Henry's BiggerPockets Profile Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Traction by Gino Wickman Connect with Sam: Sam's Instagram Sam's YouTube Sam's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-635 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing in apartment buildings may seem like a big jump to everyday real estate investors. Mom and pop landlords—used to buying single-family houses or duplexes—may see apartment buildings as far outside their reach. And this, for the most part, has been true over the past two years. With high competition, equally high prices, and syndication deals popping off every other second, regular investors haven’t been able to invest in large multifamily real estate—until now. Andrew Cushman and Matt Faircloth started as solo-investors like most of us. But, over the past decade, they’ve both grown large multifamily portfolios, and know exactly how hard it's been over the past two years. They’re finally starting to see some cracks in the institutional armor of multifamily, allowing small-time investors to get deals while everyone else is fleeing from high interest rates and an oncoming economic downturn. If you’ve been waiting to level up your investment portfolio, make big equity gains, and bring in massive passive income, then this is the episode for you. And, if you feel like you’re too new to invest, the BiggerPockets Multifamily Bootcamp, hosted by Matt Faircloth, will give you everything you need to go from onlooker to investor! In This Episode We Cover: Multifamily “tailwinds” that are making apartment investing easier in 2022 and 2023 The hidden opportunity of multifamily that most investors don’t pay attention to How creativity became crucial in the real estate industry and using it to score better deals Which multifamily properties are safe from an economic downturn and inflation  The seven ways that you can mitigate multifamily risk when investing How to start building your multifamily strategy today so deals flow to you as competition thins And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts David's BiggerPockets Profile David's Instagram Sign Up For the BiggerPockets Multifamily Bootcamp BiggerPockets Podcast 88 BiggerPockets Podcast 203 BiggerPockets Podcast 289 BiggerPockets Podcast 170 BiggerPockets Podcast 279 BiggerPockets Podcast 586 Vantage Point Acquisitions DeRosa Group Invest with David Greene Book Mentioned in the Show Raising Private Capital by Matt Faircloth Connect with Matt and Andrew: Andrew's BiggerPockets Profile Matt's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-634 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow is necessary when investing in rental properties. Cash flow grants you, the real estate investor, enough leeway to pay for your mortgage and taxes, and save up a healthy safety reserve for future renovations. For new real estate investors, cash flow is probably the single most important metric they look at, but it’s not always a great predictor of a good investment. If you want to truly build wealth, generate passive income, and retire early (or rich), start looking at the metrics David Greene is talking about. Welcome back to another episode of Seeing Greene. Our cash flow creator, expert agent, and investor with decades of experience, David Greene, is back to answer your most asked questions. In this episode, we’re touching on topics like when to focus less on work and focus more on real estate investing, why low cash flow isn’t always a bad thing, what happens when an appraisal misses the mark, creatively financing home renovations, and how much every investor should have in safety reserves.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Why buying real estate in sprints is normal and when to lay off investing The many metrics outside of cash flow that point to a great rental property What to do when an appraisal comes back low and how to challenge an appraisal  The different ways to finance a home renovation and which will pave the way for more passive income How much to keep in safety reserves if you’re buying your first rental property  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Find an Investor-Friendly Agent Near You David’s BiggerPockets Profile David's Instagram Apply for Your Dream Job at BiggerPockets Leave a Review on Apple Podcasts Should You Invest for Equity or Cash Flow? How to Fund Rehabs and Renovations Book Mentioned in the Show  SKILL by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-633 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily investing is a bit different than other types of residential real estate investing. When the economy begins to shift, and a recession is looming, multifamily real estate tends to drop in price. But, at the same time, more renters need a place to stay, or more importantly, an affordable place to stay, making multifamily apartments their go-to option. If apartment investing has ever interested you before, Jake Stenziano and Gino Barbaro make a strong argument why now may be the perfect time to get into the industry. If you’re feeling deja vu, don’t worry, Jake and Gino have been on the BiggerPockets Podcast multiple times before. Each time they come on they bring new lessons, new deals, and a lot more units under their belt. Only a decade or so ago, Jake and Gino were busting their humps working at jobs and businesses that didn’t fulfill them. It took them a year and a half to buy their first deal, and now, they’re sitting on $175M worth of multifamily. That’s quite a lot of deals in just a decade. Jake and Gino drop some gems in this episode, specifically on why 2022 may be a smart time to start investing, how to develop your “buy right” criteria, and preparing your exit strategies so you can build wealth, not just get rich once. They’ve learned a lot of multifamily investing lessons the hard way, so next time you’re presented with a killer deal, you don’t have to double down on their mistakes. In This Episode We Cover: Why you DON’T need to raise outside money to tackle big multifamily deals How to hire the right people and get employees invested in your properties (literally) The “buy right” framework and three pillars of real estate that every investor must understand Why exit strategies are the most crucial part of investing and how to define yours Managing properties the right way and how good property management can make or break a deal The “conveyor belt” acquisition system that will fly deals your way (even when you’re not working) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts David's BiggerPockets Profile Dave's BiggerPockets Profile David's Instagram Dave's Instagram Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile BiggerPockets Podcast 182 BiggerPockets Podcast 266 Pizza Owner to 1,500 Units Millionaire Couples Books Mentioned in the Show Small Giants by Bo Burlingham Scaling Up by Verne Harnish The 7 Habits of Highly Effective People by Stephen Covey Connect with Jake and Gino: Jake’s BiggerPockets Profile Jake’s LinkedIn Gino’s Linkedin Jake and Gino’s Facebook Page Jake and Gino’s LinkedIn Jake and Gino’s Website Jake and Gino’s Podcast Jake and Gino’s Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-632 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone wonders how the rich avoid taxes. To most Americans, it seems like there is some big loophole that only the mega-wealthy know about, leaving average workers strapped with a large tax bill. Are the ultra-wealthy cheating the tax code, or are they onto something that everyday Americans simply don’t know about? Tom Wheelwright, author of Tax-Free Wealth and Rich Dad’s (Robert Kiyosaki) CPA is here to tell you how to take advantage of these big tax deductions that mystify small-time investors. If you’re already investing in real estate, you’ll know that the tax deductions can be plentiful. You get mortgage interest, depreciation, maintenance, and insurance write-offs. But, even bigger than those, are bonus depreciation and cost segregation, which aren’t complicated tax strategies and can help almost any investor reduce their tax bill significantly. So what can an average investor like you do to get started saving on taxes? Tom walks through the 2022 tax deductions that are decreasing this year, which to take advantage of immediately, how to find the right CPA for you, and which write-offs you may be missing. These tips could reduce your taxes by a significant amount, freeing up much more of your capital for future real estate deals! In This Episode We Cover: The disappearing tax deductions that every investor should take advantage of How the wealthy avoid taxes by buying real estate and getting into debt Renting vs. buying and which makes more sense in 2022 as affordability plummets Using cost segregation and bonus depreciation to wipe out your tax bill How to work with the government, instead of against it, to build wealth faster  The best 2022 real estate tax strategies that small or large real estate investors can implement And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Hear Our Past Interview with Tom on 5 Steps to Eliminate Income Tax Listen to The Rent vs. Buy Debate on This Week’s Episode of On The Market Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts David's BiggerPockets Profile Dave's BiggerPockets Profile David's Instagram Dave's Instagram Books Mentioned in the Show Tax-Free Wealth by Tom Wheelright The Win Win Wealth Strategy by Tom Wheelright Connect with Tom: Tom's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-631 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Look up “how to retire early” online and you’ll see some common prescriptions. You’ll hear investors talk about rental properties and index funds more than other options. This is for good reason since even as real estate investors there are ways we can go beyond the scope of buying rentals to amplify our wealth and set ourselves up for early retirement. This is also the exact question that one of our guests asks on this episode of Seeing Greene. If you’ve ever wondered what you should do with your rental property profits after you’ve paid all your bills, whether or not to flip homes in 2022’s housing market, or simply how to get less nervous on the phone, then you’re in the right place. David Greene, host of The BiggerPockets Real Estate Podcast, runs through a series of different Q&A style submissions from new investors, experienced investors, real estate agents, and everyone in between. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How to estimate rents on a potential income property and which room count brings in the most money How to find an investor-friendly agent who will give you the local contacts you need Whether to sell a rental property or keep it and cash-on-cash return vs return on equity Live in flips and why flipping houses has gotten so much harder in 2022 Turnkey rental companies and whether or not to use one when investing from abroad How to retire earlier by “amplifying” your rental property’s cash flow And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Estimate Rent Easily with The BiggerPockets Rent Estimator Find an Investor-Friendly Agent Near You How to Retire Early (From Someone Who Did at Age 27) David’s BiggerPockets Profile David's Instagram Book Mentioned in the Show  SKILL by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-630 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

To real estate investors and real estate investing enthusiasts, Brandon Turner is a household name. Not only has he written one of the most successful real estate investing books ever published (The Book on Rental Property Investing), but he also pioneered the real estate podcasting, social media, and blogging space. Funny to think that only a decade or so ago, this massively successful capital raiser, business founder, and CEO was painting rental properties, just trying to quit his soul-sucking job. So how did Brandon do this so quickly, and what’s going on in the brain (and under the beard) of one of the most successful real estate investors on the planet? Surprisingly, Brandon doesn’t have some secret formula, world-changing analogy, or crystal ball. He simply did what he said he would do—look for deals consistently, make offers whenever he could, and close so he could move on to the next. If this sounds familiar to your situation, but you’re struggling to find success, you may find that his system is a little bit different from yours. Brandon gives valuable insight into the “machine-building” he’s doing over at Open Door Capital, how he’s successfully growing his personal brand, and why real estate investing success should never be a surprise. If you’re a new listener to the show, it won’t be long before you realize why Brandon Turner was (and still is) one of the most beloved voices for building wealth.  In This Episode We Cover: The four levels of entrepreneurialism and how to become the “architect” of your own life Building a personal brand and finding confidence when creating content The skills you need to grow a business and become the CEO The five-point “viral formula” Brandon has used to raise millions of dollars What it takes to be successful and how to create a machine that will find real estate deals for you And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Hear Our Interview with Jason Drees on Exceeding Your Goals Should You Quit Your 9-5 Job to Become a Full-Time Real Estate Investor? 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job David’s BiggerPockets Profile David's Instagram David’s YouTube Channel Ask David Your Real Estate Investing Question Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Grab Brandon's FREE Masterclass Purchase Brandon Turner’s Best Selling Books Stay Up-to-Date On Your Favorite Real Estate Podcast BiggerPockets Podcast 543 with Gino Wickman BiggerPockets Podcast 584 with Jonathan Greene BiggerPockets Podcast 264 with Gary Vee David's Newsletter Brandon's Newsletter Invest with Open Door Capital Books Mentioned in the Show Traction by Gino Wickman Rich Dad Poor Dad by Robert Kiyosaki The Crisis Comfort by Michael Easter Long-Distance Real Estate Investing by David Greene Connect with Brandon Brandon's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-629 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Before you quit your job, you’ll need to do a few crucial things. If you haven’t done these yet, but are strongly considering leaving your job soon, Henry Washington and Rob Abasolo may advise you to wait it out a bit longer. Quitting your job is a big decision, especially if your family relies on the income that you’re bringing in. The good news is, that if you’re prepared, you can walk away making much more than you did at your W2. But, if you aren't, you could simply be taking a breather in between jobs, instead of building a life you love and ruling your schedule. Henry and Rob both have eerily similar quitting stories. They both quit during the same month of the same year, making the same salary all while building a real estate investment portfolio in the background. While Henry is more of a multifamily investing man, Rob has taken the short-term rental route to build his wealth. Both men have left the cushy healthcare-provided and retirement-matching lifestyles to build something much bigger not only for themselves but their families and employees. If you’ve wondered “when should I quit my job” or “is now the right time to go full-time into real estate investing?” then this episode is a prerequisite for you. Henry and Rob go over the four things you need to know BEFORE you quit, things to be aware of as a full-time entrepreneur, how to handle taxes and healthcare, and some actionable tips for when you’re finally ready to take the plunge into full-time investing. In This Episode We Cover: Why quitting a high-paying job is probably worth it in the long-run Spousal approval when quitting and why it’s mandatory before you start doing your own thing How much should you have in safety reserves when you quit The “work-life balance” myth and what a day in the life of an entrepreneur really looks like Changing how you invest after you say goodbye to consistent income Mapping out potential scenarios so you know what to expect on the other side of employment And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Hear Our Interview with Jason Drees on Exceeding Your Goals Should You Quit Your 9-5 Job to Become a Full-Time Real Estate Investor? 10 Challenges to Seriously Consider BEFORE Quitting Your Day Job Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Henry's Instagram Henry's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-628 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone has housing market crash predictions. Some media outlets will tell you the sky is falling, real estate is on the edge of a cliff, and the whole world is turning upside down. Meanwhile, investors who made it out alive during the great recession see an oncoming housing correction as an opportunity, not a warning sign. Ever since we saw wild home appreciation in late 2020 and beyond, everyday investors have been asking: when is our time up? David Greene, real estate investing expert (also agent, author, and podcast host), knows that people will get hurt if an economic crash does happen. But, he also knows that investors who have kept their expenses lean, saved when they could, and taken care of their assets, will probably ride the tide just fine. In this episode of Seeing Greene, David will answer one of the most asked questions: where do we go from here? He’ll also touch on whether or not to give up earnest money in a bad deal, when to replace big systems like an HVAC that is on its last legs, how to calculate ARV, and why adjustable-rate mortgages could spell disaster in 2022. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: What will happen to real estate if the US economy enters a recession Whether or not short-term rentals and vacation rentals are at risk  How to calculate ARV (after repair value) and get estimates without breaking the bank The best exit strategies to have when investing in real estate How much in emergency reserves should you have when buying a rental Adjustable-rate mortgages vs. fixed-rate mortgages and which wins in 2022 And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Is The Housing Market About to Collapse? What Investors Need to Know Key Takeaways From the ’08 Recession That Apply Today The Ultimate Guide to Quickly Estimating a Property’s ARV (After Repair Value) David’s BiggerPockets Profile David's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-626 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Turnkey rental properties have become a fan favorite for rookie real estate investors and investors who don't have enough time to manage their rehabs and rental properties. Turnkey real estate is marketed as a way for real estate investors to buy a rehabbed property, often with tenants and management in place, leaving them with just rent checks to collect. One company, Rent To Retirement, has become one of the most popular places to find turnkey investment properties—and for a good reason. Behind the helm is Zach Lemaster, former optometrist, and current real estate investor. After going through eight years of school, Zach was left with six figures in student loan debt and a job that required him to be on-site for the majority of his waking hours. Like most new real estate investors, Zach had hit a breaking point and realized he needed something else that could provide him income, without the time commitment. After shelling out a large sum on a wholesaling course, Zach began using his assignment fee profits and salary from his job to buy rental properties. Every year he would buy more and more rentals, allowing him to finally scale into what he calls “turnkey commercial” (triple net) properties that give him sizable rent checks without any of the management headaches. Zach has a real estate investing path worth repeating, and he explains how he did all of it in this episode. In This Episode We Cover: How to use wholesaling to make extra cash to invest in real estate The dos and don’ts of long-distance real estate investing (don’t make Zach’s mistake) When to reinvest rental property profits so you can retire even sooner The biggest challenges you’ll face when building a real estate portfolio  Turnkey rentals and why they’re a great option for busy investors The importance of a great property manager and how a bad one can ruin your deals And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Mastering Turnkey Real Estate—How to Build a Passive Portfolio 6 Pros & Cons of Investing in Turnkey Properties The Perfect Blueprint for Scaling Quickly in Real Estate Subscribe to The Rent to Retirement YouTube Channel Rent to Retirement Books Mentioned in the Show The Millionaire Real Estate Agent by Gary Keller The E-Myth by Michael Gerber Connect with Zach: Zach's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-626 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Every investor wants to know how to avoid taxes. Many rental property investors get into real estate for this reason alone. And it makes sense—rental property write-offs are not only common in the world of real estate investing but can be very lucrative in almost eliminating your yearly tax burden. So what happens when you feel like you’ve maxed out your real estate tax benefits? Is there a way to pump out even more tax advantages from the same property? We’re back again with another Live Takes episode, where our hosts, David Greene and Henry Washington, do their best to answer the BiggerPockets community’s investing inquiries. Joining us are four investors each at different stages of their journeys. These investors ask about how to reduce self-employment tax, finding a mentor when you’re brand new to the investing game, what happens when partners disagree on where and what to invest in, and how to maximize depreciation on a cash-flowing property. Do you have a question you’d love to ask David? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: How real estate professional status can greatly reduce your tax burden (if you qualify) Why smart investors look at their income before buying their next property  The most valuable thing a new investor can bring to a mentor How to know when to pivot investing strategies and the bright side of “shiny object syndrome” What to do when you and an investing partner can’t reach a compromise  Building and buying depreciation so you can keep more of your cash flow And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Understanding Rental Property Depreciation 9 Simple Steps to Finding the Best Real Estate Mentor for You Henry's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-625 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

You need a 20% down payment to buy a house, right? Most people assume that the standard down payment amount, 20% down, is the acceptable average when buying a rental property or a primary residence. But this isn’t always true, even for real estate investors. Many investors will spend years saving up just a single down payment amount, only to later realize that they could have bought multiple rental properties faster if they would have done less down. So before you put a big chunk of change into your next rental, listen up. David Greene is back with another episode of Seeing Greene where he takes a multitude of questions from new and small real estate investors. There is an answer for everyone in this episode with topics covering down payment amounts, investing in US real estate while living abroad, new real estate agent tips, how to finance ADUs (accessory dwelling units), and retiring yourself (or your parents) with real estate investing! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: What type of rental property should you buy as your first real estate deal How to dominate your market as a brand new agent and meet buyers and sellers As a foreign investor, how can you get around the 35% down payment requirement  How to finance an ADU to increase cash flow on your rental property Should you invest with your family if you haven’t done a deal yet? Buying rental properties without having to save up a 20% down payment  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Get Your Tickets to BPCon2022 BiggerPockets Money Podcast Work with David’s Team on Your Next Mortgage David’s Instagram David’s BiggerPockets Profile Listen to Our Interview with Dan Brault Books Mentioned in the Show SOLD by David Greene SKILL by David Greene Finding and Funding Great Deals by Anson Young Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-624 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily real estate investors almost always raise money for their deals, right? Some would call it almost impossible to try and build a huge real estate portfolio without borrowing money or partnering up to take down bigger properties. Sofia Castro, along with her husband, not only built a multifamily portfolio using their own money, but did so starting with a severe disadvantage. Both Sofia and her husband were high school dropouts, living without much money, and practically no experience. A local entrepreneur took Sofia and her husband under his wing, teaching them both how to become leasing brokers. From there, they started building their entrepreneurial endeavor, eventually selling their business a couple of decades later for a whopping billion dollars. With cash in hand and real estate experience under their belt, they began buying apartment complexes to flip them as condos. Once the recession hit, Sofia knew this was the wrong business to be in, so she pivoted heavily towards multifamily rental investing, specifically investing in “core deals”. Now, she has a streamlined process for finding deals, buying deals, and screening tenants. She gives some out-of-the-box, but highly useful tips on tenant screening, property management, and why “value-add” real estate isn’t all it’s chopped up to be. In This Episode We Cover: “Core deals” explained and why they often beat value-add properties What are cap rates and why understanding them is crucial when buying multifamily Condo conversions and the risk of flipping during downtimes in the economy Tenant screening tips that will get you the best tenants who pay on time, every month The right way to do property management and why you shouldn’t immediately outsource How to buy in the right real estate markets, plus the metrics Sofia looks for when investing And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Steer Clear of Social Media Scams Should You Self-Manage Your Properties or Hire a Pro? The Beginner’s Guide to Buying Your First Multifamily Property Should You Raise Private Capital for Your Next Investment Project? Books Mentioned in the Show ABCs to Real Estate Investing by Ken McElroy Think and Grow Rich by Napoleon Hill Connect with Sofia Sofia's Instagram: @officialsofiacastro Sofia's LinkedIn Sofia's Facebook Sofia's Website Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-623 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

The secrets to negotiation are often simpler than you think. There’s no double-talk, bribing, or harshness necessary to get what you want. If you know what the other side wants (which you probably do already), you’ll most likely have enough to negotiate successfully. So why aren't most people winning negotiations? Well, when everyone is buying or selling to get the most they can, it’s often the people who create wins for their opponents that come out on top. David Greene would know this. He’s one of the top real estate agents in the country and is the host of the biggest real estate podcast around (that’s us!). His new book, SKILL: A Top-Producing Agent’s Guide to Earning Unlimited Income, is more than a handbook for real estate agents. This book also details how almost anyone investing in, buying, or selling real estate can win negotiations easily. David spends time today outlining the seven negotiation tactics he has used in the past to lock down deals for buyers, sellers, and himself. You’ll hear real-world examples of when David and co-host Rob used these tactics in their own investments plus exactly how to formulate each of these tactics so you can ultimately get what you want. In This Episode We Cover: Price anchoring and how adjusting a baseline can secure a quick win early in a negotiation Staying likable, yet stern, in a negotiation so the opponents want you to win Persuading opponents that your desired outcome is actually in their best interest  Redefining the value you bring and showcasing it in an undeniable way  Building a negotiation scarecrow that becomes the enemy (so you don’t!) Reigning in FOMO when working with buyers or sellers in a hot housing market  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile 3 Not-So-Obvious Secrets to Masterful Real Estate Negotiation Invest with David David’s Ted Talk on Building Skills Books Mentioned in the Show SOLD by David Greene SKILL by David Greene BRRRR by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-622 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Paying off your mortgage early—to some people, this sounds like a dream scenario. But to others, it could be a cash-tastrophe. We can already hear real estate investors yelling out “always use leverage”, “what about the low interest rates!?”, and “you can scale so much quicker!” Like many real estate investors, David Greene knows the power of leverage and loans to buy rental properties faster. But, it’s safe to say that for some people, paying off a property or buying a home in cash may be a much smarter move. Welcome back to another episode of Seeing Greene where David answers questions directly from BiggerPockets listeners and viewers on YouTube. This time around, we have some seriously useful questions being answered for the new investor. These questions range from when to take out a loan and when to pay off a property, how to get started in real estate in your early twenties, how to build more cash flow as your expenses increase, how to get a HELOC on your rental property, and how to raise money for a down payment. All these questions (and more) are coming up! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Weighing the pros and cons of leverage when investing in real estate How to start investing in real estate without a ton of money or experience  Why it’s so difficult to get HELOCs (home equity lines of credit) on rental properties Real estate bookkeeping and how to keep all your accounts up to date How to finance your down payments so you can buy rental properties faster Getting preapproved for a mortgage even if you have a 1099 income  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Get Your Tickets to BPCon2022 BiggerPockets Money Podcast Work with David’s Team on Your Next Mortgage David’s Instagram David’s BiggerPockets Profile Books Mentioned in the Show SOLD by David Greene SKILL by David Greene The House Hacking Strategy by Craig Curelop Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-621 Learn more about your ad choices. Visit megaphone.fm/adchoices

Ed Mylett knows the housing market. He’s participated in real estate investing for decades and has become wildly successful thanks to his tenacity, relationship-building skills, and creativity when getting deals done. But, funnily enough, Ed Mylett isn’t most well known for his real estate investor prowess—he’s known for his mindset-shifting, world-changing ideas when it comes to personal development, discipline, and entrepreneurship. In Ed’s newest book, The Power of One More, he talks about the small tweak that anyone can make to become many multiples more successful. In essence, every extra push-up, cold call, and hug to your spouse or child is the exact thing that puts you above the rest. It’s not about putting in the effort, it’s about putting in more effort than the average person would. This not only applies heavily to real estate investing but to any goal we set. David and Rob get the opportunity to talk to Ed about his book as well as his sentiment towards today’s housing market and what deals he’s doing in the background. You may be surprised to hear it, but Ed is incredibly bullish on real estate investing for a few good reasons. He gives a simple yet incredibly practical explanation for why this year is surprisingly the best time to get into real estate investing in a long time. In This Episode We Cover: How the power of “one more” can change everything about your life  Why committing to your standards is arguably more important than goal setting  How collective psychology is driving the market to new places (and how to escape its grasp!) Why investors must start “evaluating their income streams” instead of just their properties The “most crazy deal” Ed has ever done and why it’ll be a first of its kind Building the confidence you need to accomplish your dreams and create a life you love And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Check Out the “On The Market” Interview with J Scott 6 Things You’ll Need When Getting Into DIY Landlording Start Landlording Smarter with Avail David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile BiggerPockets Podcast 433 BiggerPockets Podcast 600 The World’s Least-Followed Investment Advice (& How it Can Make You a Millionaire) 6 Empowering Strategies to Conquer a Paralyzing Fear of Failure Books Mentioned in the Show The Power of One More by Ed Mylett Nothing Down by Robert Allen Connect with Ed: Ed's YouTube Ed's Instagram Ed's Podcast Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-620 Learn more about your ad choices. Visit megaphone.fm/adchoices

What do DIY landlording and inflation have to do with each other? Surprisingly, much more than you would think. As the year progresses and the housing market stays hot, more real estate investors are having trouble finding cash-flowing deals. At the same time, the tenants in those properties are seeing the price of their gas, groceries, and rent shoot up. Are tenants going to be left with enough money to pay rent every month? And if not, what will everyday landlords do to keep their properties? These questions are best left to someone who not only has experience owning and managing rental properties but helping others do the same. Laurence Jankelow, co-founder of Avail, one of the leading property management software picks, is here to talk about the future of the DIY landlord, especially in 2022. Laurence has seen the trends on who’s increasing rent, who’s not, and how many cash-flowing deals are on the table.  Laurence, David, and Dave all take time to debate what the next year will look like for landlords and renters alike. If there is a recession around the corner, how can investors keep themselves in a strong position? What is the first expense new landlords should cut if their cash flow starts to dwindle? And what real estate trends are we seeing in today’s market that you can get ahead of? All these questions (and more) are answered in this month’s BiggerNews episode!  In This Episode We Cover: Are we heading towards a recession, and if so, how do we prepare? How software like Avail has made “DIY Landlording” the standard for new investors  The biggest challenges investors will face in 2022 and how to combat them How would a recession affect the housing market (even as demand is high) The best money-saving tips for DIY landlords and real estate investors  Inflation’s effect on asset prices and pivoting in your investing strategy  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Subscribe to The “On The Market” YouTube Channel Check Out the “On The Market” Interview with J Scott 6 Things You’ll Need When Getting Into DIY Landlording Start Landlording Smarter with Avail David’s BiggerPockets Profile David's Instagram Dave's BiggerPockets Profile Dave's Instagram Book Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Connect with Laurence: Laurence's Email Laurence's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-619 Learn more about your ad choices. Visit megaphone.fm/adchoices

Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent checks? When is it time to start worrying and how do you go about asking a property manager for your money back? Welcome back to Seeing Greene, where your expert investor, agent, lender, and podcast host, David Greene, answers some of the most commonly asked real estate investing questions. In this episode, we take both video and written submissions and throw them at Dave to get his time-tested take. You’ll hear questions like, whether to pursue a business or buy rental properties, when to sell an investment property to reinvest profits, how to look for joint venture partners, and what to do when you’re concerned about your property manager’s performance.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: When to start a business or buy a rental property (and how to do both) Why ROE (return on equity) beats ROI (return on investment) in 2022 What to ask a potential partner to see if they’re a good fit for a joint venture deal How to score lower interest rates on mortgages as a self-employed investor  When and which rental property repairs to prioritize after a home inspection  What to do when you suspect a property manager may be skimming off the top And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Get Your Tickets to BPCon2022 Stay Tuned for Our Upcoming Episode with Ed Mylett Attend a David Greene Meetup 5 Red Flags to Watch For When Hiring a Property Manager David’s Instagram David’s BiggerPockets Profile Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-618 Learn more about your ad choices. Visit megaphone.fm/adchoices

Single-family rentals are where most real estate investors start. In one way or another, a new investor realizes that there is more to life than just their job. They save up, get educated, and buy their first rental property. Those who do well repeat the process, slowly growing their portfolio to double-digit numbers. But, at a certain point, they realize they can’t go any further with the system they’ve set up for themselves. What should they do? Rich Fettke, co-founder of Real Wealth, and author of The Wise Investor, fell into real estate accidentally. Over the years he’s had to fine-tune his system, scale his team, and learn how to become not only a successful investor but a successful leader. Now, he runs one of the premier real estate investing websites on the internet, manages three syndications per year, and still individually invests in rental properties. Thanks to his track record of more than two decades, he knows what does and doesn’t work when trying to scale your real estate portfolio. Most importantly, Rich knows who to hire onto your team so you can continue to build wealth, without having to do all the work yourself. In This Episode We Cover: Where new investors should look to purchase their first investment property  How to scale from single-family rental properties to syndication deals Why most investors “trap” themselves without a scalable team Turning challenges into adventure and shutting down the “inner gremlin” Asking yourself, “what pisses me off?” when defining your company’s core values And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Real Wealth Network The Simplest Way to Successfully Scale Your Business Syndications—Everything You Need to Know BEFORE You Invest David’s Instagram David’s BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Books Mentioned in the Show Think Again by Adam Grant The Book on Rental Property Investing by Brandon Turner The Wise Investor by Rich Fettke BE 2.0 (Beyond Entrepreneurship 2.0) by Jim Collins Connect with Rich: Follow Rich on Instagram  Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-617 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’ve heard of digital real estate, there’s a good chance you’ve watched one of Ryan Pineda’s videos. Ryan is a leading figure in the world of real estate investing not only in the Las Vegas, Nevada area but throughout the interwebs. He got started flipping homes and eventually scaled his business up to 100 flips per year! Since then he’s branched off into multiple different real estate-related business ventures, but his newest one may be the most revolutionary. During the lockdowns of 2020, Ryan began to research blockchain, cryptocurrency, and decentralized finance. He saw the way that the world was moving and realized it would only be a short amount of time until real estate transactions were regularly done on the blockchain. This dip into DeFi piqued his interest, so he began researching, investing, and putting more of his time into virtual and digital real estate research. Ryan makes a strong case as to why most real estate services will move over to a blockchain model, and those that don’t will be left in the dust. Most of what Ryan preaches isn’t just speculation—it’s happening right now in the real world. If you want to get ahead of the curve, or just finally understand what an NFT is, Ryan is the guy to listen to. In This Episode We Cover: Starting businesses that help scale and optimize your rental property portfolio How blockchain could end the title company industry and what investors need to know Raising private capital and selling properties with decentralized finance  NFTs and using them to split shares/ownership in a real estate syndication  Combining digital and physical real estate investments for maximum diversification  What a blockchain beginner can do to get their start in the virtual investing world  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place BiggerPockets Real Estate Podcast 292 BiggerPockets Real Estate Podcast 407 What Are NFTs and Why Should Real Estate Investors Care? Watch Our Video on Investing in Virtual Real Estate Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Rob: Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Connect with Ryan: Ryan's Website Ryan’s “Tykes” Project Subscribe to Ryan’s YouTube Channel Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-616 Learn more about your ad choices. Visit megaphone.fm/adchoices

Rental properties come in all shapes and sizes. You may be investing in short-term rentals, long-term rentals, glamping sites, or, maybe you’re trying to help someone else buy a rental property. Regardless of where you choose to hang your hat on the real estate investing spectrum, David Greene probably has a golden nugget of advice for your next purchase, sale, or client.  In this week’s episode of Seeing Greene, David takes questions from investors, agents, wholesalers, and more to help answer some of the most common real estate inquiries. You’ll hear topics such as: whether or not a special use permit will increase property value, when to sell and when to refi a rental property, whether or not each separate short-term rental needs its own LLC, and why David stopped looking for under-market properties and started looking at something else entirely.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover When to hold a property at a great interest rate and when to sell or refi What it means to “ethically wholesale” and getting deals while helping a seller Lot splitting and the implications it could have on your taxes, insurance, and equity  How to succeed in a new market as a real estate agent and dropping “hooks” whenever you can When to put your property in an LLC and whether or not each rental requires its own Whether or not landlords are making the housing market unaffordable for average homebuyers And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Listen to Our “Ethical Wholesaling” Episode with Jamil Damji Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Sold by David Greene Skill by David Greene Connect with David: David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-615 Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to buy a business is a lot like knowing how to buy a rental property. First, you’ll need to know the price of the asset, then the cash flow, followed by expenses, and finally the structure. Because buying real estate is perceived as “simpler” than buying a business, most investors decide to go the real estate route—but they could be missing out. Codie Sanchez saw this opportunity when she was working in venture capital and decided to try out the business buying route herself, just on a smaller scale. Codie can be perceived as your classic “value-add” investor, which much of the real estate investing community can relate to. She finds a business that has a strong foundation but lacks the tech or marketing to grow faster or increase its profits. When a business has a strong underlying value, just like a rental property, it’s easier than most people think to “renovate” it into something that will sell for far higher. Codie stresses that buying businesses isn’t so different from buying real estate. She also categorizes which businesses real estate investors should buy if they’re looking to maximize their cash flow and minimize their expenses. With some help from Codie, you could be relying on much more than just rent checks soon!  In This Episode We Cover What a “value-add business” looks like and how to find undervalued businesses  Evaluating and analyzing a business purchase and which key metrics to calculate before making an offer Buying off-market businesses and why most business owners never consider selling (until you ask) The three questions every investor MUST ask before buying a business  Buying instead of building and how trying to build a business can cost you much more than just money Becoming the business owner, not the operator, and outsourcing everything you can  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Hear Codie’s Interview on The BiggerPockets Business Podcast How to Use the DISC Profile to Communicate Effectively in Business “Contrarian Thinking” Newsletter Quiet Light BizBuySell Empire Flippers Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Rob: Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Connect with Codie: Codie's Twitter Codie's Instagram Codie's TikTok Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-614 Learn more about your ad choices. Visit megaphone.fm/adchoices

Buying an investment property is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and help from those around you), you can become a real estate (or jiu-jitsu/weight lifting/yoga) expert! Think of David Greene and Rob Abasolo as your spotters for today’s deep dive into buying a rental property. Their advice will help you lift the weight, even if you feel uneasy at times! David and Rob, unsurprisingly, started out like everyone else in the real estate investing space. They had no deals, no experience, and not a lot of money. But, over the past decade, both have become experts in their specific investing niches—through trial and a lot of error. Now, they bring you more than a decade worth of combined experience so you can stop hesitating and start taking action. If 2022 is the year for you to start building wealth and pave your path to financial freedom, then this is THE episode to listen to. David and Rob discuss the five most common rookie real estate mistakes and six bite-sized steps that will allow you, no matter your experience, to buy your first, or next, real estate deal. They’ll also give a full walkthrough on how to analyze a real estate deal, plus a special bonus that will allow you to hyper-accelerate your growth in the real estate investing world! In This Episode We Cover The two biggest hurdles that stop people from ever investing in real estate The wealth-building “pillars” that all investors must know before they start investing  Five common mistakes that almost every real estate rookie will face Why new investors should “commit” before they start educating themselves  Using your network around you to find real estate leads, financing, and contractors How to analyze a deal for free using the BiggerPockets Rental Calculator  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Invest in David and Rob’s Next Property David’s YouTube Channel Grab Your Tickets for BPCon 2022 Get a Special Discount on BiggerPockets Pro Using Code “REPOD22“ BiggerPockets Calculator Find an Investor-Friendly Agent in Your Area Hear Our Episode with Rent By the Room Expert Todd Baldwin Watch David’s Interview with CNN on Rising Interest Rates Work with David’s Team at The One Brokerage on Your Next Home Loan Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Rob: Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-613 Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow and appreciation are at opposite ends of the investing spectrum. One will fuel your current lifestyle while the other will slowly, silently build your long-term wealth. The cash flow vs. appreciation debate has gotten even stronger this year as home prices continue to rise and cash flow prospects dwindle in formerly stable markets. Is there a way to still get the benefits of long-term growth while also taking home a sizeable rent check? If there’s one man to ask, it’s your host, David Greene, who’s joining us for another episode of Seeing Greene. David knows a thing or two about buying for different purposes, in different market conditions, with different exit strategies. He’s not only asked about how to do this on today’s episode, he’s also asked questions like who should be on the mortgage when buying a rental with a partner, whether to sell or refi a rental, what to do when your DTI (debt-to-income) ratio is too high, dealing with difficult sellers, and how to get comfortable with being uncomfortable.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover How to split title and mortgage costs when investing with a spouse or partner  Whether to focus on one market or several markets with different benefits in each When to sell or refi a rental property (especially if interest rates are rising)  How to purchase your next primary residence AFTER you’ve quit your W2 for real estate Dealing with difficult sellers and how to “convince” them to accept your offer Why being uncomfortable when investing is a sure sign of growth  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Grab Your Tickets for BPCon 2022 BiggerPockets Money Podcast Real Estate Rookie Podcast Ask David Your Real Estate Investing Question How to Use a HELOC to Buy Real Estate How to Embrace the Uncertainty of Change & Make Your First Deal Cash Flow vs. Appreciation—What Experienced Investors Know That You Don’t Work with The One Brokerage For Your Next Mortgage Book Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Connect with David: David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-612 Learn more about your ad choices. Visit megaphone.fm/adchoices

House flipping is a very potent form of investing. After just one fix and flip, many investors find themselves hooked, leaving their stable jobs for the profit (and rush) or finishing another flip. This happened quickly to Jason Pritchard, flipper and rental property investor in central California. Jason was working at a sales job he hated and after watching one of the many famous HGTV flipping shows, thought, “Hey, I could do that!” He gave it a try, using his life savings and retirement funds available to him. It was a success, so he decided to scale up. One flip grew to a few, and now, Jason's team does over seventy-five flips and wholesale deals per year! This incredible volume didn’t happen overnight—it took Jason seven years to go from W2 worker to one of the best flippers in the state! And it’s not just flipping Jason is after. He’s been able to grow a massive rental property portfolio, some eighty-three units, at the same time! You’re probably wondering how Jason did this so fast. Worry not, as he details every step from how he finds leads, builds a team, pays the taxman, and even compensates employees. If you’re trying to get your foot into the flipping door, Jason’s story should inspire you to do almost exactly what he did.  In This Episode We Cover Using the skills from your job and translating them to make real estate riches  Building a business and the most important step most flippers/wholesalers skip Funding your flips and why paying taxes might be a good thing when it comes to financing How to find employees that will grow with your business, even if you feel like you “can’t” hire just yet Private money lenders and using them to scale your business even bigger  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Invest in David and Rob’s Next Property David’s YouTube Channel Grab Your Tickets for BPCon 2022 BiggerPockets Money Podcast Real Estate Rookie Podcast Airbnb How to Flip a House & Make a Profit How to Build a Highly Effective Real Estate Team How I Find Private Money Lenders to 100% Fund My Deals Books Mentioned in the Show: The Go-Giver by Bob BUrg Think and Grow Rich by Napoleon Hill Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Rob: Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Connect with Jason: Jason's Instagram Jason's Facebook Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-611 Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a house vs. buying a house—which makes more sense for today’s investor? With home prices rising faster than many of us have ever seen before, more and more real estate investors are asking whether or not building their rentals is a smarter idea. And who can blame them? Building a rental property can seem like a great way to minimize acquisition costs, but this is only true in certain circumstances, which many investors just won’t fit into.  Welcome to Live Takes where Henry Washington, investor and On The Market guest host, joins David Greene for a live real estate Q&A. David and Henry invite four investors onto the show today to talk about each of their passive income predicaments. These topics include buying vs. building a home, how to get out of a bad BRRRR, whether or not it’s too late in life to invest in real estate, and how to invest out-of-country. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene or Live Takes. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover Buying vs. building rental properties and which decision makes sense for which investor What to do when you go over budget on a rehab, flip, or BRRRR investment How to invest and scale a real estate portfolio when getting started later in life Whether to invest long-distance or stick it out in your local market  Mitigating risk and keeping your cash flow rolling when stuck in a bad deal How to finance land purchases and using a backwards BRRRR method to do so  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Grab Your Tickets for BPCon 2022 BiggerPockets Money Podcast Real Estate Rookie Podcast 5 Ways to Avoid Going Over Your Flipping Budget Is it Better to Build New or Renovate Existing Homes as an Investor? David Greene | BiggerPockets David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-610 Learn more about your ad choices. Visit megaphone.fm/adchoices

Why can’t I use gift funds on my down payment? What are the common housing market crash indicators that real estate investors should look out for? And why does David only invest with the short-term rental king, Rob Abasolo? If you’re joining us today for this episode of Seeing Greene, you’ll hear answers to all these questions and more! David takes some time out of his day to sit down and answer arguably the most hard-hitting, specific questions we’ve had to date on an episode of Seeing Greene. These questions include how to find synergy between your career and your investing goals, how to not cross the line when working with multiple agents, the best ways to purchase real estate with no (or low) money down, and why David rarely partners up on real estate deals.  Some of these questions may hit home for you, as most of today’s guests are either rookie real estate investors or young professionals looking to get their start in investing.  Do you have a question you’d love to ask David? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover How to "explode" as a real estate investor working full-time in a related field  Working with multiple agents in a market without crossing the client-exclusivity line  Purchasing small multifamily deals with no and low money down  How to get around the “gift funds” rule for rental property mortgages  The telltale signs that lenders are seeing a housing crash on the horizon  The problem with real estate partnerships and how to prepare to be in one  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene David Greene Meetups David Greene Team Work with David as a Loan Officer Real Estate Rookie Podcast 73: Partnerships—What to Do Before You Jump in With Another Investor Get Your Ticket for BPCon 2022 Books Mentioned in the Show: The Book On Investing in Real Estate with No (and Low) Money Down by Brandon Turner SOLD: Every Real Estate Agent’s Guide to Building a Profitable Business by David Greene The Millionaire Real Estate Agent by Gary Keller with Dave Jenks and Papasan Connect with David: David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-609 Learn more about your ad choices. Visit megaphone.fm/adchoices

The Profit First system was revolutionary when introduced by Mike Michalowicz. In simple terms, Profit First allowed small business owners to take home bigger paychecks, reinvest in their business, and scale with ease, oftentimes while doing even less. The age-old adage of “do more work, make more money” was turned on its head by simple accounting practices. In reality, the business owners who were doing the most work were making the least, while business owners who truly knew their numbers worked less, made more, and had more money to invest. After reading Profit First, David Richter knew that this same system could be applied to real estate investing. David grew a rental portfolio himself by learning from a local mentor. This mentor had a growing team, a scaling business, but was making less and less with every deal done. As David investigated more real estate investors’ businesses, he found that this wasn’t an isolated case. Most investors were making low wages, working far more than at the jobs they had quit, and had inflated businesses, to say the least. With some simple accounting practices, which David describes in this episode, real estate investors can turn their business into Profit First powerhouses using very simple steps. If you’ve been feeling burnout from a barrage of deals, but aren’t seeing the profit you’ve worked so hard for, you’ll want to pick up David’s new book, Profit First for Real Estate Investing! In This Episode We Cover The Profit First formula and why most real estate investors calculate profit all wrong The biggest mistake that real estate rookies make when starting their businesses  Why more deals doesn’t automatically equal more money in real estate The rockstar team member that can make or break your business The “golden trio” of accounts that every investor should have set up Redefining the “pay yourself first” method of making money  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Grab Your Tickets for BPCon 2022 Invest in David and Rob’s Next Property David’s YouTube Channel David’s Free Giveaway for BiggerPockets Listeners Our Interview with “Profit First” Author, Mike Michalowicz Books Mentioned in the Show: Profit First for Real Estate Investing by David Richter Lifeonaire by Steve Cook Rich Dad Poor Dad by Robert Kiyosaki Profit First by Mike Michalowicz The Road Less Stupid by Keith J. Cunningham The Book on Rental Property Investing by Brandon Turner The Book on Managing Rental Properties by Brandon Turner Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Rob: Rob’s Youtube Rob’s Instagram Rob’s TikTok Rob’s Twitter Rob’s BiggerPockets Profile Connect with David Richter: Simple CFO Solutions Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-608 Learn more about your ad choices. Visit megaphone.fm/adchoices

Is multifamily real estate investing as complicated as investors make it out to be? If you’re Andrew Cushman of Vantage Point Acquisitions, you’d probably argue that although multifamily has a bit more complexity than single-family rentals, it’s still, by all means, profitable for the everyday investor. In the early 2000s, Andrew didn’t know anything about pro formas, apartment underwriting, or the best type of mulch to use on large-scale landscaping. Now, more than a decade later, Andrew has been able to lead his team in acquiring, syndicating, and repositioning over 2,500 multifamily units. He’s here with David Greene to answer live questions surrounding anything and everything related to multifamily investing. He gives stellar takes on the current state of the market, how rising interest rates will affect multifamily investing over the next few years, and the best way to increase your ROI (return on investment) on a multifamily acquisition. You don’t need to be a large-scale apartment investor to take away some golden nuggets from this episode. Even if you’ve never thought of investing in multifamily, Andrew frames multifamily in a way that’ll have you wondering, “could I buy that apartment down the street?”  In This Episode We Cover The five most important factors to understand when looking at a multifamily deal  Multifamily debt and equity, plus how they dramatically differ from single family rentals How to use pro forma calculations when underwriting a deal and protecting yourself from overinflated profit numbers Whether or not today’s rising interest rates will cause a sell-off of multifamily properties The easiest improvements that will dramatically boost your ROI on a multifamily property What rookie investors get wrong about finding good deals in today’s market  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene The 3 Cs to Achieving Success as an Investor GoBundance BiggerPockets Podcast 170: The Journey From Flipping Houses To Owning 1470 Units BiggerPockets Podcast 279: How to Find Overlooked Opportunities in a Hot Market BiggerPockets Podcast 586: The 8 Steps That Will Stop You From Getting Burnt on Multifamily Deals BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Deal David Greene Meetups David Greene Team Book Mentioned in the Show: Raising Private Capital by Matt Faircloth Connect with David: David’s Instagram David’s BiggerPockets Profile Connect with Andrew: Andrew’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-607 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re looking to buy rental properties, build a real estate portfolio, and level up your wealth?—you’re in the right place. But, as the housing market stays red hot, it can be a struggle for both new and old investors to know where to look for their next cash flow or appreciation play. Do you stick with on-market properties that may be easier to come by but with serious competition, or do you go the off-market property route and look for distressed, yet overlooked properties. Get answers to this question (and many more) on this episode of Seeing Greene, with your host, David Greene. As always, David takes questions from you, the listeners, to answer some 2022-specific and age-old questions about rental property investing and real estate as a whole. Topics of today’s show include classics like buying new construction vs. an existing rental property, how to invest within your retirement accounts, on-market deals vs. off-market deals, and why certain properties stay on the MLS for so long. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Buying for appreciation vs. cash flow in today’s fiercely competitive housing market How to invest in real estate even if you’re well into retirement The three main reasons that a property will sit on the MLS for months When to quit your job and go full-time into real estate investing (and how to set yourself up for a successful departure) The 1031 exchange and how it works to defer taxes for rental property investors Using built-up equity to invest in more cash flow and higher appreciation And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks BiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New Investors Seeing Greene: Questions from BiggerPockets’ Best and Brightest (Episode 600!) Seeing Greene: Should You Pay Off Debt or Invest in Real Estate? Seeing Greene: FHA Loans, Cash Flow Shrinkage, & Bidding $200k Over Asking 10 Actionable Steps Anyone Can Follow to Buy a Rental Property David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-606 Learn more about your ad choices. Visit megaphone.fm/adchoices

How many rental units do you want? Depending on who you ask, the number of rental properties can differ dramatically. A young investor may be looking to scale their portfolio quickly, eyeing ten, fifteen, or even one-hundred units. But, for a veteran real estate investor, who may already have a three or four-figure portfolio, the optimal rental unit count could be none at all—they may purely want passive income. Christian Osgood knows this all too well, and it’s how he’s grown a seventy-one-unit portfolio in such a short amount of time. As half of a dynamic investing duo, Christian and his partner Cody Davis know that the first place to look for a deal is within someone’s goals. Unlike most off-market deal hunters, Christian and Cody don’t blatantly ask a seller if they’re willing to part ways with their property. They do something much different and a bit unorthodox.  Christian and Cody have grown a massive multifamily portfolio in an impressive amount of time. Christian walks through the reasons why this partnership works, how they divvy up their roles, and why new investors should learn to love new problems, not cower in fear over potential pit-stops on their wealth-building journey.  In This Episode We Cover The “fish hauling and shipbuilding” of a perfect real estate partnership  Why entrepreneurs and investors alike should search out new problems to solve Financing large deals using OPM (other people’s money) and raising capital the right way How to find any off-market property owner simply by using Google Maps The biggest mistake you can make when raising money from private investors  Relationship marketing and how it can open you up to phenomenal real estate deals  And So Much More! Links from the show 81 Units in 3 Years: All On-Market with NO Bank Loans w/Cody Davis OpenCorporates Airbnb HGTV Microsoft Investment with David Greene David's Instagram Robuilt's Instagram Robuilt's Tiktok Robuilt's Twitter Rental Property Investing The 10X Rule Connect with Christian: Cody and Christian's YouTube Channel The Multifamily Strategy Christian's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-605 Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s a housing market crash! It’s a housing market bubble! It’s a relatively normal and stable housing market! Two of these statements might make you excited, anxious, or hopeful, while one simply makes you yawn. For years, we’ve heard numerous news outlets, forecasters, and housing authorities tell us that the next housing crash is right around the corner, only for home prices to skyrocket, interest rates to rise, and demand to stay red-hot. If you want to know if a housing market crash is coming, Rick Sharga, Executive Vice President at ATTOM, a leading provider of nationwide property data, is the person to talk to. His entire job is based on finding and figuring out the data behind housing market movements, which he then presents to field leaders who are trying to make better buying, selling, and lending decisions. Rick is an industry vet and was around during the mid-2000s housing market crash, the great recession, the foreclosure crisis, and everything that followed. Rick has seen the runup in housing prices over the past two years and has some interesting theories as to where we’re headed next. Whether you think we’re in for smooth sailing or on the cusp of another crash, Rick’s predictions may surprise you.  In This Episode We Cover: Why competition has recently fallen and whether or not this is permanent for the housing market  The difference between 2022’s housing market and the 2007/2008 housing market Whether or not raising interest rates has affected hot housing markets If we’re entering bubble territory and how to tell the real estate market is going south Which real estate markets are primed for a correction in 2023 (and beyond) How to get ahead of the foreclosure auctions in a “high equity” housing market  And So Much More! Links from the show ATTOM Data Solutions On The Market Podcast Redfin Zillow Fannie Mae  Wallstreet Journal Weatlh Track Federal Housing Administration (FHA) Blackstone RealtyTrac Youtube Tiktok   Dave Meyer's Instagram @thedatadeli BiggerPockets Youtube David Greene's Instagram @davidgreene24 David Greene Real Estate (Youtube) Rick's LinkedIn Rick's Twitter @ricksharga Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-603 Learn more about your ad choices. Visit megaphone.fm/adchoices

The ROI (return on investment) of a rental property is arguably one of the most calculated metrics when deciding whether or not to invest. Even veteran landlords tend to look at ROI as the sole metric that decides whether or not something is a “deal”. But, in the 2022 housing market, more and more landlords are seeing a massive boost in equity, and new investors are finding cash flow harder and harder to find. Has ROI kept its relevance? Welcome back to another episode of Seeing Greene, where expert investor, agent, author, and real estate investor, David Greene, takes time to answer the BiggerPockets community’s most top-of-mind questions. In this episode, we touch on topics such as how to scale your portfolio on limited funds, whether or not to invest in tenant-friendly states, long-distance house hacking, and the foolproof way to decide whether to hold or sell in 2022. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The three ways any real estate investor can scale their portfolio  Investing in a market facing depopulation and how to research a rental market Critiquing the “only cash flow” argument and what other important metric to pay attention to Holding vs. selling your rental properties in 2022 (and how to decide which path to choose) DSCR loans and how to get around the residential mortgage maximum Investor FOMO and whether or not to buy or wait in today’s hot housing market And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene The U.S. Census Bureau CNN Money Yahoo Finance BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks BiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with Rentals BiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New Investors Seeing Greene: Questions from BiggerPockets’ Best and Brightest (Episode 600!) Seeing Greene: Should You Pay Off Debt or Invest in Real Estate? Seeing Greene: FHA Loans, Cash Flow Shrinkage, & Bidding $200k Over Asking David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-603 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to invest in real estate, you’re probably taking a safe, slow approach to building a rental property portfolio. As a real estate rookie, people tell you that the safest way to invest is to get good at one thing while keeping a distance from doing deals outside your comfort zone. While this type of advice isn’t wrong for everyone, it may miss the mark for some. Investors like Marjorie Patton have found ways to dramatically diversify themselves in the world of real estate, without their losing shirts. Marjorie is the head of sales for a financial technology firm by day and a real estate investor, house hacker, flipper, and private money lender by night. With some rather unexpected renovation costs on her first property (and with no safety reserve), Marjorie was forced to learn real estate investing on the fly. Fast forward to today, Marjorie has a seven-door portfolio in the expensive Denver, Colorado area. She’s grown quickly and has seen healthy profits, but has no need to quit her W2. Instead, she’s going to creatively parlay any deal that comes across her desk so she can build wealth while continuing to work somewhere she loves. In This Episode We Cover: Why diversifying in real estate isn’t such a bad idea, plus how to prepare to do different deals Using the concepts you know in everyday life to build a real estate portfolio  The benefits of being “scared” when doing deals and building confidence through mistakes When the right time to quit your W2 is and why you don’t have to succumb to the “financial freedom” pressures Flipping homes, lending private money, and investing in deals with partners House hacking an expensive property while keeping your cost of living low And So Much More! Links from the Show: BiggerPockets Website BiggerPockets Bookstore BiggerPockets On The Market Podcast BiggerPockets Youtube Channel BiggerPockets Podcast #467: #1 NYT Bestselling Author Adam Grant on the Need to “Think Again” Ebay MLS (Multiple Listing Service) Mike Tyson's Official Website Steve Jobs' Wikipedia Page Steve Wozniak's Wikipedia Page Malcolm Gladwell's Official Website Warby Parker Website Rocky Mountain Women Invest Meetup Airbnb Redfin HBO’s Billions Mark Ferguson's Wikipedia Page Rob’s TikTok Profile Rob’s Instagram Rob’s Youtube Channel Rob's Twitter David’s Instagram David’s Tiktok Profile David's Business Website Connect with Marjorie: Marjorie's Instagram Denver Women Investor Meetup Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-602 Learn more about your ad choices. Visit megaphone.fm/adchoices

What makes a millionaire mindset? Everyone knows what it takes to become successful: hard work, grit, tenacity, and (usually) some form of intelligence. But with so many people (real estate investors specifically) working hard, day in and day out, why aren’t we seeing a plethora of unbelievably successful individuals? It turns out, the problem isn’t within the system of building wealth, but the individual. Jason Drees, mindset coach and author of Do the Impossible, has seen numerous individuals come to him confused, doubtful, and wanting to do more. Within a matter of years or even months, these individuals poised on success attain things that would take most people many lifetimes. So what’s the difference between a massively successful investor and a moderately successful one? In today’s show, Jason breaks down the alchemy behind building a business, a life you love, and massive wealth. He even takes a break to coach David and Rob on their future business plans, uncovering some roadblocks and new paths that they never even knew existed. If you’ve been stuck in analysis paralysis, or simply have a goal to get to fast, this is the episode to not only listen to but take notes and review so you can grow as well. In This Episode We Cover: Why 95% of real estate investors aren’t aiming high enough (and how it’s hurting them) Evolving your mindset after hitting a goal, no matter how small Hitting unknown goals and looking for accomplishments that excite you Using your emotion to navigate success and listening to your internal guidance Walking the path to greatness instead of settling for success How to “Frame” your goals, plus a live example with David and Rob And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Biggerpockets Bookstore Brandon's Instagram Tony Robbins's Website Tony Robbins Life Coaching David's Instagram The David Greene Team's TikTok Profile Rob's Instagram Rob's Youtube Channel Rob's TikTok Profile Connect with Jason: Jason's Company Website Jason's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-601 Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome episode 600 of the BiggerPockets Real Estate Podcast! Whether you’re a first-time listener or a David Greene addict, we’re happy to have you here. In today’s episode of Seeing Greene, David takes questions from some of the biggest names in the real estate investing space, including fan favorites like Ed Mylett, David Osborn, and even…Brandon Turner (he’s back!) While this show features some high-level investors, the questions still apply to everyday investors. David answers questions ranging from how to find work-life balance, what to do to get your offer accepted in today’s hot market, how to balance skill with ambition, and where to start when hiring employees for your real estate investing business. Even if you’ve yet to buy your first rental property, advice like this could slingshot your wealth-building journey farther than you knew you could go! Thanks again to all our celebrity guests for sending in their questions! Heard a question that resonated with you? Want to hear David’s thoughts on a certain topic? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A with the man himself. In This Episode We Cover: How to start (and stay) performing at your best so you can accomplish your goals What the David Greene team is doing to win bidding wars in today’s hot housing market The best metric to look at when deciding whether or not to buy a property How to maintain work-life balance when working, running your business, and investing Tips for hiring employees that can help you build your real estate portfolio The three biggest leadership tips when running a team (or teams!) David’s dream Chipotle order and how to ensure your burrito isn’t soggy And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene What Michael Jordan and Kobe Taught Tim Grover about “Winning” Investing and Landing Great Deals at Auctions with David Osborn and Aaron Amuchastegui From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn Gobundance You Get Your Standards, Not Your Goals: Ed Mylett on Success, Faith, and Building $100M+ Businesses 40 Doors in the First 2 Years with Henry Washington Turning $5K Into $5K/Month and Retiring at 40 with Tim Rhode BiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany Arnason The 7 Tips @investorgirlbritt Used to Go from Amateur to Pro Investor Big Goals? Here’s How to Get Your Spouse or Partner on Board with Jay and Wendy Papasan Becoming a Millionaire Real Estate Investor Using The One Thing with Jay Papasan BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks BiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with Rentals BiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New Investors David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-600 Learn more about your ad choices. Visit megaphone.fm/adchoices

Opportunity zone investing hasn’t always been around for real estate investors to take advantage of. But as the government began upping the incentives around this type of real estate investing, more tax-savvy investors started to pay attention. You may have heard of opportunity zones before, but you probably don’t know how much of a heavy hitter they are in the realm of tax reduction. Someone who does know about opportunity zone investing is King Malaki Sims—CPA and avid real estate investor. He’s been buying and building homes in opportunity zones for years and makes the case that this type of investing truly is the best real estate “cheat code” out there. Through his simple strategy, Malaki has been able to not only defer taxes but in some cases, eliminate them entirely, just through simple, smart real estate investing. Malaki shares how even a novice real estate investor can find, fund, finish, and furnish an opportunity zone rental property all while keeping Uncle Sam away from their hard-earned profits. If you want to build wealth without having to worry about 1031-ing your properties, Malaki is the man to listen to. In This Episode We Cover: Opportunity zones explained and how new investors can start investing in them Where to find opportunity zones in your local area (no matter where you live!) Funding opportunity zone investments with little to no money down  The biggest opportunity zone myths that scare away investors far too early Depreciation, bonus depreciation, and tax-deferral strategies you can take advantage of How crypto, stock, and other investors can invest in real estate tax-free  And So Much More! Links from the Show: BiggerPockets Website BiggerPockets Bookstore BiggerPockets Forums BiggerPockets Podcast Episode 569: Rich Dad’s CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright Robert Kiyosaki's Official Website Donald Trump's Official Website California Opportunity Zone Website Cryptocurrency Rob’s TikTok Profile Rob’s Instagram Rob’s Youtube Channel David’s Instagram David’s Tiktok Profile Connect with King Malaki: King Malaki's Instagram King Malaki's Clubhouse Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-599 Learn more about your ad choices. Visit megaphone.fm/adchoices

The BRRRR method can be taught by no one better than David Greene, author of Buy, Rehab, Rent, Refinance, Repeat, and adorably dubbed “Sir BRRRR” by co-host Rob Abasolo. While David may be a master of BRRRR budgets, schedules, and rehabs, Rob isn’t as familiar with doing full-on buy, rehab, rent, refinance, and repeat rentals. To not only help out Rob but the BiggerPockets audience as a whole, David does a full walkthrough on his latest BRRRR. This hillside property situated in David’s native San Francisco Bay Area has huge potential to become a cash-flowing, equity-increasing deal. David is turning this large home into multiple smaller units that will rent out to A-class tenants and should net him a six-figure equity boost simply by doing these cash-flow-first renovations. David walks through exactly how to find BRRRR properties, telltale signs of a good (or bad) BRRRR deal, how to use the BiggerPockets BRRRR calculator, funding options for your BRRRR (from David's broker!), writing up a contractor scope of work (SOW), and how to build cash flow when there isn’t any to be found. You’ll also hear how David had a surprise run-in with the cops when walking this property. Action, excitement, and lots of equity are all coming up in this episode! In This Episode We Cover: The first signs that a property may be a great BRRRR deal  Using the BiggerPockets BRRRR calculator to evaluate deals and raise private capital Financing options you have when funding (and rehabbing) a BRRRR Contractor bids and BRRRR budgets (even if you don’t have rehab experience) Before photos and David’s exact conversion plan to turn a single property into a cash-flowing multifamily  The huge wealth-building benefits of getting creative when finding value-add real estate And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Calculators Biggerpockets.com Pro Upgrade Code: REPOD21 BiggerPockets Podcast Zillow Realtor.com BiggerPockets Conference and Events Rentometer The 1 Brokerage Building Your “Passive Income Blueprint” Using the Right Real Estate Agent w/ Johnny Hoang Books Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene The Book on Estimating Rehab Costs by J Scott Connect with Rob: Rob's TikTok Profile Rob's Instagram Rob's Youtube Channel Connect with David: David's Instagram David's Tiktok Profile David Greene Team Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-598 Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you pay off debt or invest in real estate? Whether you’re young or old, rich or poor, in consumer debt or student debt, this is a question that almost everyone has. With inflation hitting decade-long heights, debt seems to be worth less and less every day. But, the other side to this coin is that asset prices, including real estate, are going up. Is there a right move to make, or are we stuck treading water without enough financial traction to stick to? Hear answers to this question (and many more) on this week’s Seeing Greene, with your favorite host, agent, investor, and mortgage magician, David Greene. In this episode, you’ll hear topics touched on like whether to house hack or buy cash-flowing rentals, what to expect (and not expect) from your real estate agent, how to reduce (and account for) property taxes, how inflation and interest rates will affect the housing market and the best piece of advice David would give new real estate investors. Heard a question that resonated with you? Want to hear David’s thoughts on a certain topic? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get real-time answers! In This Episode We Cover: How inflation can positively affect your debt payoff and using your momentum to buy real estate House hacking in expensive areas vs. buying short-term rentals that cash flow How David’s real estate team sets up clients and investors for success Finding the right property manager that will handle your portfolio’s headaches Whether buying new construction or an existing home has better long-term ROI How to claim rental income (including house hack income) so you can increase your financeability And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Submit Your Questions to David Greene BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties BiggerPockets Podcast 570: Seeing Greene: Signs of a Great Agent, When to Refi, and How to Scale BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks BiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with Rentals BiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New Investors David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-597 Learn more about your ad choices. Visit megaphone.fm/adchoices

Mobile home park investing wasn’t very attractive until a few years ago. Thanks to big names in the mobile home park space (like BiggerPockets’ own Brandon Turner), the mobile home investing game has become one of the hottest commodities in the world of real estate investing. But it must take a huge jump to go from investing in single-family rentals to double-digit-unit parks, right? Today’s guest, Amanda Cruise, is here to tell you that bigger doesn’t always mean more challenging. She actually got out of single-family rental investing due to the non-stop headaches of dealing with contractors, property managers, and tenant maintenance problems. She started doing “Lonnie Deals” where she would seller-finance mobile homes to local buyers. Soon, after enough success, she moved on to tackling entire mobile home parks! But how did Amanda beat out the competition when the mobile home park space is so hot? Thankfully, Amanda shares her three top tips on getting around institutional investors so you can purchase cash-flowing mobile home parks, without the headaches of syndicating or raising vast amounts of capital. In This Episode We Cover: “Lonnie Deals” and seller financing mobile homes for profit Why changing title on a mobile home is far easier than on a traditional home Finding motivated sellers and how to slide under the radar of institutional investors Scaling your team and the “must-have” roles when buying mobile home parks The not-so-secret way to get a list of mobile home park owners in your area The true “value-add” opportunities to look for in a mobile home park And So Much More! Links from the Show: Craigslist Facebook Marketplace Airbnb LoopNet CoStar Sarah Weaver's Website David's Instagram David Greene's Real Estate YouTube Channel Rob's TikTok Profile Rob's Instagram Rob's Youtube Channel BiggerPockets Podcast 563: W2 Retired and Traveling the World with Just 15 Units w/Sarah Weaver Robuilt YouTube Channel: Why I’m buying a $3,250,000 Airbnb in Arizona Brandon Turner's Instagram Mobile Home Park Investing Course by Amanda Cruise Connect with Amanda: Freebies from Amanda's Company Website Amanda's Instagram Check the full show notes here: https://biggerpockets.com/blog/real-estate-596 Learn more about your ad choices. Visit megaphone.fm/adchoices

Most investors assume LLCs for rental properties are the way to go in terms of asset protection. From a novice’s point of view, LLCs seem to provide everything you would need?—anonymity, simple tax filing statuses, and legal protection. But, an LLC in reality isn’t as airtight as most real estate investors think. And the worst time to learn about the limitations of an LLC is during a lawsuit, where your wealth (and sanity) is at risk. To stop you from guessing when it comes to asset protection, we’ve brought on our go-to expert and heavy hitter asset protection lawyer, Brian T. Bradley, Esq. Not only is Brian well versed in the realm of asset protection, but he’s also helped numerous clients protect their real estate wealth, making him the perfect person to ask about LLCs, limited partnerships, trusts, and more. Brian walks through the different types of legal “layering” that real estate investors can set up to protect themselves from lawsuits and angry creditors. He defines exactly how each type of real estate investor should set up their assets as their net worth expands, and what to do BEFORE you get served with a lawsuit. While Brian may not know your personal situation, he does speak with years of experience serving high-net-worth investor clients and can relay their mistakes (so you don’t make them too). In This Episode We Cover: What is asset protection and why is it crucial for real estate investors in particular The “layers” of legal protection that real estate investors must have What an LLC really protects you from and why it may be different than what you think “Piercing the veil” and why most investors need to go a step beyond LLCs Limited partnerships and trusts that give you the best asset protection Financing hiccups when keeping your rental properties in trusts And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel On the Market Podcast Biggerpockets Blogs Biggerpockets Agent Finder Real Estate Rookie Podcast Rookie Podcast 106: Asset Protection for Rookies: 7 Wealth-Saving Answers from an Expert Tony Robbins Airbnb WhatsApp MySpace TikTok Cardano (ADA) Rob's TikTok Profile Rob's Instagram Rob's Youtube Channel David's Instagram David's Tiktok Profile Connect with Brian: Brian's Company Website Email Brian: brian@btblegal.com Check the full show notes here: https://biggerpockets.com/blog/real-estate-595 Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation and cash flow have been fighting against each other for decades. As soon as you increase the rent on an income property, inflation comes right in to eat some of that gain. So in today’s borderline hyperinflationary environment, is cash flow still coming out on top? A better question to ask may be, what happens in five, ten, or twenty years? Will inflation completely erode your financial freedom dreams? Or will cash flow match (or beat) this destructive force. This isn’t just a question that impacts real estate investors—it affects almost every individual working within today’s economy. In today’s episode of Seeing Greene, David goes deep into this question (and others) so you, the investors, can have a better understanding of our economy as a whole. You’ll also hear topics like whether or not you can transfer title on an FHA loan, what to do when bidding wars push prices well above market comparables, when to cosign and when to ask for a cosigner, and what every investor in their twenties should start doing today. Heard a topic that you wanted more explanation on? Want to ask David a question you’ve never heard before? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: How spending power changes the way investors calculate cash flow Transferring title from your personal name into an LLC with an FHA loan How to know a house is “worth it” and what to look for in a loan officer Cosigning for a relative to house hack and staying up-to-code with owner-occupied loans Pivoting markets from a cash flow market to an appreciation market David’s advice to every young, aspiring real estate investor And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore Submit Your Questions to David Greene BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties BiggerPockets Podcast 570: Seeing Greene: Signs of a Great Agent, When to Refi, and How to Scale BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Sea BiggerPockets Podcast 577: Cutting Your Tax Bill, Investing in Different Markets, & “Investor Pressure” | Coaching Calls BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks BiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with Rentals BiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New Investors David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-594 Learn more about your ad choices. Visit megaphone.fm/adchoices

The words “ethical” and “wholesaling” are rarely used in the same sentence. For the most part, many real estate investors and agents look at wholesalers as deceptive, hard to read, and for the most part just looking to make a quick buck. While this may be true for many new wholesalers, it's far from the truth for Jamil Damji. If anything, Jamil wants to put an end to inexperienced, and often financially dangerous wholesaling. You could say Jamil was made to be a wholesaler. He had hustle, cold calling skills, and the will to succeed after being rejected from medical school simply due to his age. He set up a website-building business and got the hang of cold-calling quite quickly. After overhearing a discussion about a real estate deal between his partner and his partner’s father, Jamil decided to take his sales skills and turn them into something a bit more profitable. He made a phone call to a local property owner, secured a deal for his partner, and walked away with a $47,000 assignment fee. Now, Jamil runs one of the most respected wholesaling companies in the United States. He’s set up an “everyone wins” style of wholesaling where sellers, buyers, and intermediaries in between all get paid fair prices while incentivizing each party to do what’s best for the other. This is a brand new concept in the field of wholesaling and one that Jamil wants to see flourish throughout the industry. If you want to learn how Jamil and his team do sixty to eighty deals a month, all while building a loyal customer base, this is the place to be. In This Episode We Cover: How wholesaling works and why so many new investors start with it The best types of listings to call to find motivated sellers plus where to build your buyers list Why illegalizing (or at least licensing) wholesaling would be favorable for the industry How wholesalers can work with agents to build each other’s businesses faster The biggest mistake wholesalers make when trying to assign contracts to buyers Building a “win-win” system so everyone in the transaction becomes a repeat customer And So Much More! Links from the Show: Coming Soon: BiggerPockets's On The Market Podcast Triple Digit Flip Show Robert Abasolo's Instagram Robert Abasolo's TikTok David Greene's Instagram David Greene Real Estate Youtube Channel KeyGlee Funny or Die Upright Citizens Brigade The Second City Craigslist U-Haul The Comedy Store D.R Horton Company Website Saturday Night Live Brandon Turner's Instagram Connect with Jamil: Jamil's Instagram Jamil's YouTube Channel Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-593 Learn more about your ad choices. Visit megaphone.fm/adchoices

The way the housing market moves largely depends on the real estate cycle we’re currently in. We all saw this during the 2007 subprime mortgage crisis as overleveraged homeowners saw their properties foreclosed on and later sold to investors who had cash on hand. We’re currently experiencing dramatic demand coupled with low inventory, so are we at the end of the housing market cycle, ready for a recession to knock down this house of cards? Whether we are or aren’t close to a housing bubble bursting, smart real estate investors are protecting their wealth regardless of what is to come. This is where today’s guest, Doug Lodmell, has gleaming insight. Doug and his team have worked for decades to protect the wealth of real estate investors. This is commonly known as asset protection but can be thought of as simple risk mitigation for the new real estate investor. Doug has been through expansion, crashes, corrections, recoveries, and everything in between and has seen what a poor asset protection strategy can do to an investor's portfolio. He drops some knowledge on today’s show around how real estate investors in 2022 can protect themselves from going through a repeat of 2008. His simple, yet undeniably valuable advice could save you not only money but years worth of work you’ve put into real estate investing. In This Episode We Cover: Quick takes on today’s biggest stories surrounding the housing market The tools asset protection lawyers use to protect and disguise their clients’ wealth Whether or not new real estate investors need LLCs when buying properties  The biggest mistakes real estate investors make that cost them their wealth Leveraging debt to build your portfolio vs. cash hoarding for post-crash opportunities BiggerPockets’ newest podcast show featuring our own Dave Meyer! And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel On the Market Podcast Walmart Bloomberg News David's Instagram Dave's Instagram Connect with Doug: Doug's LinkedIn Profile Doug's Company Website Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-592 Learn more about your ad choices. Visit megaphone.fm/adchoices

Cash flow markets are a hotspot for new real estate investors. Why? They’re inexpensive to get into, show great cash flow (on paper), and allow many investors to map their date of financial freedom. The downside? Cash flow markets are different in real life than they are on paper. What may look like a phenomenal rental property at first glance could turn into a tenant nightmare and cash flow hemorrhaging situation. So who should invest in these types of real estate markets? Questions just like this (and more) are coming up in this episode of Seeing Greene. As usual, David Greene, your expert on all things real estate, is here to answer quick questions from both rookie and veteran investors. In today’s show, David touches on topics like BRRRRing vs. buying multiple properties, 2022 housing market predictions, how to raise capital for your deals, qualifying for financing without strong income, and why 2022 may be the perfect year to go into debt! Heard a question that resonated with you? Want to hear David’s thoughts on a certain topic? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A with the man himself. In This Episode We Cover: The best way to invest spare cash: BRRRRing or buying multiple properties? How David structures his deals and raises capital using debt and equity Refinancing out of a seller-financed situation, even if you don’t qualify for conventional loans Whether to keep, sell, or refinance a property when you have significant equity sitting in it How to house hack (again) when you’ve already used your one FHA loan Developing your crystal clear criteria so you can grow your portfolio faster  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore Submit Your Questions to David Greene BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties BiggerPockets Podcast 570: Seeing Greene: Signs of a Great Agent, When to Refi, and How to Scale BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Dea BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking BiggerPockets Podcast 584: The 5 Steps That Will Bring You More Deals, Friends, and Mentors w/Jonathan Greene BiggerPockets Podcast 586: The 8 Steps That Will Stop You From Getting Burnt on Multifamily Deals w/Andrew Cushman BiggerPockets Podcast 587: Full-Time Flipping (Out-of-State!) at 24 by Doing What Most Don’t Know w/Dominique Gunderson BiggerPockets Podcast 589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-591 Learn more about your ad choices. Visit megaphone.fm/adchoices

No money down real estate investing usually sounds too good to be true. It seems almost impractical that someone without much experience, money, or property can secure cash-flowing rentals without putting a dollar into the deal. Even more astounding, today’s guest Andre Haynes was paid a few thousand dollars to buy his first rental property. He shares his exact steps on how he did it on today’s show! While investing in real estate with no money down can seem like an advanced concept, Andre wasn’t some cash-flowing wizard from the start. If anything, Andre’s upbringing may have brought some hurdles to the financial side of his life. He had no credit, no cash, was faced with eviction notices, and generally was falling behind financially as a parent. He had to take a hard look at his life, redefine his goals, and reevaluate his choices. From there, it was a hard, yet incredibly valuable, climb upwards. Now, only a short time later, Andre has built a real estate portfolio worth over a million dollars. He has numerous cash-flowing assets that pay for his liabilities and has started to educate others about how they can do the same. He defines this easily repeatable process on today’s show but doesn’t gloss over the fact that the only thing stopping you from obtaining the wealth you desire, is yourself. In This Episode We Cover: How to invest when you come from an upbringing that lacks financial literacy  Giving up on your “dream” so you can pursue something much greater Andre’s 5-steps to get your life together and how you can start using them today Practicing delayed gratification and how simple sacrifices pay off big in the long run The zero down loan program that Andre used to build his real estate portfolio The importance of becoming a real estate investor before you buy your first property And So Much More! Links from the Show: BiggerPockets Forums BiggerPockets Podcast BiggerPockets Agent Finder BPCON 2022 NACA (Neighborhood Assistance Corporation of America) MLS (Multiple Listing Service) Realtor.com Zillow Rich Dad Poor Dad seminar Airbnb Vrbo Turo Peerspace The Landlord Life YouTube series Landlord Life Season 3 Episode 2 with Henry Washington Mindset Matter Merch (No books here) Henry Washington's Instagram Brian Donnelly's KAWS Connect with Andre: Andre's Instagram Andre's Business Website The Landlord Life YouTube series Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-590 Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to buy a rental property? If rising home prices, rent prices, and fierce market competition have you struggling to get something under contract, your real estate saviors, David Greene and Rob Abasolo are here to help. In 2022’s hot housing market, it can seem almost impossible for new real estate investors to get their foot in the door. But, if you follow what the experts are doing, you may be able to lock up your next investment while other buyers are stuck in bidding wars. Whether you’re wondering how to buy your first rental property or your next rental property, David and Rob have answers for you. They’ve partnered up to buy luxury short-term rental properties in sunny Arizona, all while recording the exact steps they’re taking to land a deal. If you’re already investing in real estate, some of these steps may seem familiar to you, but the gems that David and Rob drop are rarely discussed (and incredibly helpful). So, if you’re ready to start your real estate investing journey, build wealth, rake in cash flow, and build passive income, you’re in the right place. David and Rob define their ten steps to investing success so you can spend less time analyzing deals and more time collecting rent checks. In This Episode We Cover: How to define your investment criteria so you can find deals that fit your needs Working with a partner and keeping the line of communication open Blocking off time so you (and your partners) can focus on crossing the finish line What to look for in a real estate agent and how to communicate to them what you want Writing your offer with multiple strategies in mind so you can beat the competition How to not become “emotionally attached” to deals that look too good to be true  And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder Dave Ramsey's Website Zoom BiggerPockets Podcast AirDNA Voice Notes Bump App Zillow DavidGreene Team Connect with Rob and David: Rob's Instagram David's BiggerPockets Profile David's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-589 Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to retire with rentals? Want more cash flow? Want to put up a lower down payment? What about building an ADU on your land? All of these questions (and more) are coming up on this episode of Seeing Greene. Unfortunately, this is the first time in BiggerPockets history that David Greene, master investor/agent, hasn’t been able to answer a question (and for good reason). David tackles some challenging topics this episode, ranging from climate change affecting real estate values, what to do once depreciation runs out, and at what point should an investor take profits in the form of cash flow? While you may have heard varying opinions from other investing experts (or even other BiggerPockets hosts), David has a rather conclusive take on why you should NOT be retiring early with rental properties, but you should do something much greater instead. If you heard a question that resonated with you or you’d like David to go more into detail on a certain topic, submit your question here so David can answer it on the next episode of Seeing Greene. Or, follow David on Instagram to see when he’s going live so you can hop on a live Q&A with the man himself! In This Episode We Cover: How climate change will and won’t affect buying patterns for real estate investors  Whether or not to trade a higher down payment for more cash flow or vice versa Where to find real estate meetups to network with other investors When the right time to pull out cash flow from your rental property is How to maximize tax benefits after your property’s depreciation runs out Building an ADU vs. buying another rental property with the cash And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore Submit Your Questions to David Greene BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Dea BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking BiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising Risks David Greene Meetups David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-588 Learn more about your ad choices. Visit megaphone.fm/adchoices

Forty real estate deals is a lot, especially for an experienced investor. How many people do you know that have done forty flips, wholesale deals, or own over forty rentals? Odds are, probably not many. So how does a nineteen-year-old do that many deals in only a year? Even better, how do they then take that experience and build a successful flipping business thousands of miles away from where they live? The answer might surprise you. Dominique Gunderson is an anomaly in the best of ways. At fifteen years old she became privy to short sales, then at age seventeen, she left high school to start wholesaling full-time. Now, at age twenty-four, she runs a full-time flipping business based in New Orleans while she resides in her home state of California. She’s managing this entire out-of-state real estate investing venture strictly through her phone, laptop, and conversations with her contractors. Impressive, right? But this level of speed and growth didn’t come without its tradeoffs. Dominique failed many, many times in her pursuit of passive income and real estate profits. She’s the first to admit that she wouldn’t trade a single failure for anything she has now, as they’ve been the stepping stones to her success. So if you want to stop sitting on the sidelines and start succeeding at record speed, you better prepare to fail, just like Dominique did. In This Episode We Cover: How to quickly screen for potential hidden gems in the multifamily space The eight steps that lead to perfect multifamily underwriting so you can make the best offer possible “Loss to lease” and using it as a value-add opportunity that most investors miss Getting debt quotes, insurance quotes, and accurately calculating future property taxes Who’s opinion you need to ask for before going through on a multifamily deal Looking for the opportunities and traps within a seller’s finances Writing an LOI (letter of intent) and getting bigger deals under contract And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Bookstore The Real Estate InvestHER Show Episode 170: How this Full Time Nurse Manages Multifamily Syndications with Savannah Arroyo Facebook Airbnb Lowe's Home Improvement The Home Depot MLS (Multiple Listing Service) Connect with Dominique: Dominique's BiggerPockets Profile Dominique's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-587 Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to analyze a multifamily property? Maybe you’ve analyzed duplexes, triplexes, quadplexes, or even ten-unit apartment complexes before, but what about the big deals? We’re talking about multi-million dollar multifamily investments, with hundreds of units, large debt and equity structures, and many, many small pain points only experienced investors would notice. If you’re looking for an in-depth overview of how to find, analyze, and buy a large multifamily property so you can build passive income and serious equity growth, then Andrew Cushman is the man to talk to. Andrew is so good at what he does that he's partnered up with BiggerPockets Podcast host, David Greene, to invest together. In Andrew’s previous episode, he touched on the “phase I underwriting” that comes with analyzing a multifamily deal. In this episode, Andrew focuses on what investors should do after they’ve triaged their deals and are left with only the best in the bunch. Andrew spent years worth of time analyzing deals to come up with these eight steps. He shares them today so you can have less headache and more investing success than when he started! In This Episode We Cover: How to quickly screen for potential hidden gems in the multifamily space The eight steps that lead to perfect multifamily underwriting so you can make the best offer possible “Loss to lease” and using it as a value-add opportunity that most investors miss Getting debt quotes, insurance quotes, and accurately calculating future property taxes Who’s opinion you need to ask for before going through on a multifamily deal Looking for the opportunities and traps within a seller’s finances Writing an LOI (letter of intent) and getting bigger deals under contract And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel DavidGreene Team BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Deal BiggerPockets Store BiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman Axiom Metrics CoStar ALN Apartment Data Apartments.com Rent.com Parks and Recreation (TV Show) David Greene's Webinars David's Instagram Andrew's Visuals Example 1 (Spreadsheet File) Example 2 (Spreadsheet File) Example 3 (Spreadsheet File) Rent Increases Loss to Lease Debt Quote Property Taxes Renovation Budget (Spreadsheet File) Connect with Andrew: Andrew's Linkedin Profile Andrew's Company Website Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-586 Learn more about your ad choices. Visit megaphone.fm/adchoices

BRRRRs, property classes, raising capital questions and more are in this episode of Seeing Greene! As always, your investor mentor, top agent, and shiny-headed host of the BiggerPockets Podcast is back to walk through real-life questions and examples brought to him directly from listeners just like you. This episode walks through a lot of the struggles new and intermediate investors have when trying to scale. So even if you’ve got one unit (or none), you’re probably in one of our guest’s positions. Investors all over the country are enjoying the spoils of this hot real estate market and need to know the next best move to make. In today’s show, David touches on topics like how to scale when you feel overleveraged, the four hurdles that stop investors from building portfolios, how to tell whether a rental is an a, b, or c-class property, whether or not to raise money on your first big deal, and why every BRRRR needs to start backwards. If you heard a question that resonated with you or you’d like David to go more into detail on a certain topic, submit your question here so David can answer it on the next episode of Seeing Greene. Or, follow David on Instagram to see when he’s going live so you can hop on a live Q&A with the bald builder of wealth himself! In This Episode We Cover: The four things that slow investors down when building their real estate portfolio How to know your “property’s personality” so you can get better tenants and equity gain Defining property classes and what to do if a property and neighborhood class mix Selling off your rental properties to buy bigger deals vs. raising private capital Why real estate is easy in theory but difficult in practice The single best strategy for every new real estate investor to start with And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore Submit Your Questions to David Greene BiggerPockets Podcast 569: Rich Dad’s CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow — BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Dea BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-585 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re new to investing in real estate, you may not have run your first real estate analysis yet. But as soon as you start looking at properties, you’ll become a spreadsheet wizard in no time! With so many investors counting on automatic analysis from modern, hyper-specific real estate calculators, old-school investors beg the question “do these calculators really make a difference in the deal?” Today, expert investor, home flipper, wholetailer, and almost every other real estate title in the book, Jonathan Greene, joins us to talk about what new investors are missing out on. While many investors run spreadsheets and analyses before seeing a deal, Jonathan does it the other way around. Jonathan will drive to a property, walk the property, and then after taking a look at some specific parts of the property, will run a deal analysis. He walks through the system that not only makes this efficient but worthwhile. If you've been around the BiggerPockets Forums for some time, you’ve probably recognized Jonathan’s name (or face). He’s an active contributor, responding to forum posts almost every day and chatting with new investors every chance he gets. Jonathan has found deals, mentors, partners, and great friends thanks to online forums, like BiggerPockets. If you’re looking to get the most out of your virtual networking, Jonathan shares his five tips on extracting huge value from the collective minds of over two million real estate investors! In This Episode We Cover: Going beyond the spreadsheets and analyzing real estate internally (before using a calculator) How to get the “feel” of a house when investing out-of-state The crucial parts of a house Jonathan looks at during his first walkthrough The five steps to being successful in an online community (or in real life too!) Choosing your perfect out-of-state market using two simple data points Flipping poorly designed homes into massively profitable masterpieces  And So Much More! Links from the Show: BiggerPockets Forums BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene BiggerPockets Podcast 583: Building Your “Passive Income Blueprint” Using the Right Real Estate Agent w/ Johnny Hoang Redfin Airbnb Vrbo (formerly called HomeAway) Facebook Dave Meyer's Instagram Dave Meyer's BiggerPockets Profile David's BiggerPockets Profile David's Instagram David’s Youtube Channel Rob's Instagram Rob's YouTube Channel Rob’s Tiktok Connect with Jonathan: Jonathan’s Instagram Jonathan’s TikTok Jonathan’s YouTube Channel Jonathan’s Business Website: Streamlined Properties Zen and the Art of Real Estate Investing Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-584 Learn more about your ad choices. Visit megaphone.fm/adchoices

The signs of a bad real estate agent aren’t very clear if you’re a new investor. But, after trial and error and a lot of deals done, you’ll be able to weed out the basic agents from the rockstar realtors. If you’re brand new to real estate investing, there’s no need to sort through ten agents just to find out what makes the good ones great. Today, we’re giving you a shortcut as we pick the brain of one of the top real estate agents in the San Francisco Bay Area, and the country! Johnny Hoang just began his real estate agent journey only a short two years ago, but he’s been able to close on an astounding $67M in home sales despite having such a short time in the market. Even with things as hot as they are, that’s a very impressive number from any agent, let alone a rookie! Of course, it should come as no surprise that Johnny is a student of David Greene and works with David daily. In today’s show, David and co-host Rob Abasolo break down what it means to be a great real estate agent. They walk through different scenarios and situations with Johnny so you, the listeners, come away knowledgeable of the difference between an agent who will help you grow your portfolio and an agent who purely wants a commission check. In This Episode We Cover: How top agents prioritize clients and what you need to do to get to the top of the list The investor-client “kiss of death” and how to NOT talk to an experienced agent The seven signs of a bad agent and when to steer clear of an agent who’s all talk Finding the perfect investor-friendly agent that will diligently hunt down deals for you House hacking and using owner-occupied loans to slowly build your wealth What to expect (and not expect) your real estate agent to bring to the table And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder DavidGreene Team Keller Williams Realty Redfin Reddit Zillow David's BiggerPockets Profile David's Youtube Channel Rob's Tiktok Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-583 Learn more about your ad choices. Visit megaphone.fm/adchoices

Should I invest now or wait? How do I set up my children for financial success? What do top agents do to stand out in the market? These are all questions of real estate investors, agents, and onlookers who wait to see what’s next in the 2022 housing market. With so much uncertainty around us and an environment of intense competition, it can be a struggle to know what move is the right one or whether or not to sit out of the game entirely. Well, if you’re looking for a top agent, investor, and podcaster with a very shiny head, you’ve come to the right place. David Greene is back with another fan-favorite episode of the Seeing Greene series as he takes questions directly from BiggerPockets listeners and commenters on YouTube. In this week’s seeing Greene, you’ll hear David go granular into commonly asked questions and topics like: how to finance a rental without W2 income, what to do when a home is zoned incorrectly, investing in expensive markets like Hawaii, asset protection for real estate investors, and why cash flow isn’t the most important metric when house hacking. Want to ask David a question? Submit your video here!  In This Episode We Cover: The exact way David provides value to his residential and investor clients Buying your child a rental property and the logistics that go with it What to do with a rental property that was zoned incorrectly  Investing in vacation rental markets like Hawaii and why they’re different than regular markets Whether to invest now or wait until the market has more cash-flowing deals The best way to protect your assets as a new real estate investor Why house hacking is the best way to get your start in real estate investing (even in expensive markets) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore Submit Your Questions to David Greene BiggerPockets Podcast 569: Rich Dad’s CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow — BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-582 Learn more about your ad choices. Visit megaphone.fm/adchoices

What do you think of when we say ADU (accessory dwelling unit)? If you’re like most homeowners, you probably think of a back house, a mother-in-law suite, or a converted art studio. But what if you don’t have a home that comes with a pre-fitted accessory dwelling unit? What if you don’t want to put in the money (or time) to build one out. Are you left with any options, or are your ADU dreams dead in the dust? If you’ve wanted to start building passive income streams through your primary residence, then we’ve got good news for you. With us today is Derek Sherrell, also known as “That ADU Guy”, precisely because he is THE person you want to talk to when it comes to accessory dwelling units on your property. Derek knows his stuff, consulting dozens of homeowners on how an ADU would fit into their property and how much passive income they could make as a result. And it’s not just about building some other structure in your backyard. You can convert attics, basements, garages, and even portions of your house into accessory dwelling units. Not only does this allow you to save on the cost of new construction, but it also gives you another option to build wealth, pay down your mortgage, or simply profit from a rarely used portion of your home. In This Episode We Cover: The exact criteria homeowners should look for in potential ADU-friendly properties  Attached vs. detached ADUs and the benefits (and cash flow difference) of both The four main challenges when building, financing, or strategizing an ADU What to look for in existing ADU structures, whether it’s a garage, back house, or basement How to become an ADU expert quickly (and for free) with simple city zoning information And So Much More! Links from the Show: BiggerPockets Agent Finder BiggerPockets Forums Dave Ramsey website Warren Buffet Forbes profile Joe Asamoah's BiggerPockets profile GC Real Estate Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-581 Learn more about your ad choices. Visit megaphone.fm/adchoices

The word “foreclosure” is forever stained in the minds of almost every American who lived through the great recession. News stories in 2010 would talk about the slew of families that had been foreclosed on, with big banks taking back property from a significant number of former homeowners. Fast forward twelve years and many real estate investing fortunes have been made on the backs of foreclosure sales. Is this chance coming back once again in 2022? Joined with us today for this month’s BiggerNews is the David Greene and Dave Meyer duo plus special guest, Daren Blomquist, VP of Market Economics at Auction.com. Daren knows the foreclosure market inside and out, spending his days studying and analyzing housing market data. With the newest “surge” in foreclosures, Daren is here to quell the mind of investors who are either hoping for (or dreading) another foreclosure crisis. Back in early 2020, the US government imposed a foreclosure moratorium and a nationwide forbearance program, allowing citizens to hang on to their homes a little longer. As the economy shifts back into gear, and the moratorium ending, will we see a surge in foreclosures? Or, has price appreciation gifted so many homeowners with equity that foreclosures aren’t even on the horizon? Whatever the answer is, Daren can help you, the investor, plan for your next money-making move. In This Episode We Cover: Announcing who the new BiggerPockets Podcast host is! The mass migration of homebuyers out of their local metros and into new surroundings Zillow’s newest “SuperApp” that plans to replace realtors How the 2010 foreclosure crisis compares to today and what would bring a new wave of foreclosures Why foreclosures are up a whopping 97% as we head into 2022 Investing in foreclosures and how to score deals before they hit the market And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Real Estate Podcast on Apple Podcast Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder Redfin Data Uber Airbnb Zillow Black Knight, Inc. BiggerPockets Podcast 353: Turning $5K Into $5K/Month and Retiring at 40 with Tim Rhode Realtor.com Dave Meyer's Real Estate News Dave Meyer's Instagram David's Instagram Henry's Instagram Rob's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-580 Learn more about your ad choices. Visit megaphone.fm/adchoices

You can build wealth with short-term rental investing quite easily. All you need is a great location, a solid property, a good strategy, some phenomenal cleaners…wait maybe it isn't all that easy. But it’s certainly doable if you’re willing to put in the time, effort, and work to make your vacation rental stand out from the rest. This is exactly what investorsDavid Greene and Rob Abasolo are doing with their current partnership—buying luxury homes and turning them into once-in-a-lifetime getaways for wealthy vacationers. But maybe you’re not ready to drop a few million on a multifamily mansion. Even so, you can still make a phenomenal return in the short-term rental space, you just need to know how to do so. Back in episode 578, David and Rob walked through the first three steps in their short-term rental success strategy. Steps like finding a short-term rental market, choosing your location, and defining your strategy. In this part two episode, David and Rob walk through the more granular steps to getting your vacation rental up and running. Steps like what property type works best for which investors, understanding your timeline so you can build wealth while obtaining financial freedom, and divvying up work between you and your partners (or investors). Follow all five (six) steps in this episode, and you’ll be on your way to cashing in the profits from your vacation venture! In This Episode We Cover: The four main types of short-term rental properties and the benefits of each How to mitigate your investing fears so you and your partners can move with confidence Understanding not only your cash flow goals, but your long-term equity goals as well Laying out clear roles and responsibilities for each partner in the investment How to cautiously bring in outside investors on your vacation rental deals And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Airbnb BiggerPockets Events AirDNA Invest With David Greene BiggerPockets Podcast 578: The Secret Sauce Behind Short-Term Rental Success (Part 1) w/Rob Abasolo Robuilt YouTube Channel: This is exactly how much your property will make on Airbnb Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-show-579 Learn more about your ad choices. Visit megaphone.fm/adchoices

Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real estate investors quickly realized that they could capitalize on the long-term equity gain of rental properties with the cash flow of hotels in one highly-lucrative asset class. Thus, the rise of the short-term rental, VRBO, and Airbnb investor was born. Arguably the most notable short-term rental investor in the space today is good friend of the show, Rob Abasolo. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor David Greene, has partnered up with him to collectively build their cash-flowing, equity-increasing empire together. With dozens of deals under both of their belts, Rob and David walk through the five steps that it takes to find success in the short-term rental space. This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into finding a short-term rental market that fits your needs and goals, choosing a location that specifically benefits you as the investor, the different types of short-term rentals, and how to build a vacation rental strategy that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, Rob and David will help you put the pieces together so you can build a strong portfolio that will benefit you for decades to come. In This Episode We Cover: Choosing a short-term rental market and what aspects to look for Cash flow vs. appreciation and which matters more when it comes to STR investing The four types of short-term rental markets and which have the best chance of success Seasonality and factoring it into your revenue and profit calculations The risks of investing in vacation rental markets and how to scale your portfolio faster And So Much More! Links from the Show: BiggerPockets Forums BiggerPockets Youtube Channel Airbnb Brian Chesky's Linkedn profile Julian (San Diego, California) town profile Eureka Springs City (Arkansas) profile Waco City (Texas) profile Chip and Joanna Gaines HGTV profile Copperopolis Town (Calaveras County, California) profile AirDNA Destin City (Florida) profile Gatlinburg City (Tennessee) profile Great Smoky Mountains Zillow Redfin Robuilt YouTube Channel: HOW MUCH MONEY MY TINY HOUSES MAKE and why Airbnb is the best way to make passive income Robuilt YouTube Channel: This is exactly how much your property will make on Airbnb Check the full show notes here: https://biggerpockets.com/blog/biggerpockets-podcast-578 Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you invest in multiple real estate markets? How can real estate investors lower their tax burden? And, how do you handle all the pressure and stress that comes with success? These are just a few of the questions that live listeners asked top real estate agent, investor, and BiggerPockets Podcast host, David Greene. As per usual, David uses this coaching call as a way to answer questions from rookies and experienced investors, without any preparation. You’ll get to hear firsthand how David answers questions like how to find your real estate tax expert, should you focus on one market or expand into multiple, what are the best real estate books to develop an “investor mindset”, and how do 1099 workers find financing? Regardless of the stage of real estate investing you’re in, all of these questions can help you develop your investing muscle so you can crush bigger deals and keep more of your hard-earned profit. Have you heard of a real estate investing topic that you want David to go into more detail about? Is there a specific question you want answered by an industry expert? If so, be sure to follow David on Instagram (@davidgreene24) to see whenever he goes live for a Q&A session. Or record your question and submit it here! In This Episode We Cover: Accelerated depreciation and using it to substantially lower your tax bill Finding a real-estate specific CPA that allows you to do more with your current portfolio The pros and cons of investing in different markets and the strategies for each Developing your investor mindset and having the courage to act when opportunities present themselves Dealing with the pressure and stress that comes with investing and leading teams How to finance real estate investments without having W2 income And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Calculators Submit your Question for an upcoming Seeing Greene episode! Biggerpockets Pro Membership David Greene's Real Estate Team BiggerPockets Ask your Questions Live BiggerPockets Podcast Biggerpockets Youtube Channel Brandon's BiggerPockets Profile The Dark Knight Rises BiggerPockets Money Podcast Blackstone Zillow David's One Brokerage BiggerPockets Real Estate Podcast on iTunes Check the full show notes here: https://biggerpockets.com/show577 Learn more about your ad choices. Visit megaphone.fm/adchoices

The short-term rental market seems to get bigger and bigger every day. This should come as no surprise, seeing that short-term rentals not only work for vacationers, traveling business people, or anyone else who wants a nice, unique place to stay. But, while the rest of the world is focusing on which mountainside chateau they’re booking for their weekend getaway, real estate investors worldwide are figuring out how they can buy, rehab, furnish, and profit from these vacation rental ventures. With so much competition in the market, it begs the question: is the short-term rental space becoming oversaturated?And, if it is, how can investors get on the ground floor of sleepy markets that will explode in popularity over the next decade or so? Of course, with questions like these, we need our short-term rental and wave-hair-styling expert, Rob Abasolo at the side of Sir BRRRR himself, David Greene. In this Q&A episode, David and Rob will discuss a handful of topics, mostly centered around short-term and vacation rentals. Topics like: how to mix a long-term rental and short-term rental in one property, how to market outside of the top short-term rental platforms, can you convert a regular rental into a vacation rental, and the pros and cons of real estate partnerships. In This Episode We Cover: Buying mixed-use properties so you can combine long and short-term rental advantages Whether or not the short-term rental market is starting to see saturation How to adjust cleaning fees to optimize your booking rate Converting a long-term rental into a short-term rental (and the time it takes to do so) What to do when you can’t find comps (comparable rents) in your area? The pros and cons of real estate partnerships and what to do before you join forces And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Airbnb VRBO Airdna Rentalizer BiggerPockets Podcast 453: Live Q&A with Brandon and David: Risk, Partnerships, Inspiration and Opportunity of Real Estate Julian Gonda's Instagram Join us for our Q&A Shows and ask your question Invest With David Greene David Greene Team David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show576 Learn more about your ad choices. Visit megaphone.fm/adchoices

Section 8 BRRRR investing seems like a niche within a niche. To start, you have your classic BRRRR strategy (buy, rehab, rent, refinance repeat), a method that many real estate investors have used to gain vast amounts of equity in short amounts of time. Then, on top of the BRRRR, you have section 8 rentals, which many investors stray away from. Both of these investment strategies can be thought of as “advanced” rental property investing methods, but combining them can almost automatically guarantee you phenomenal rent, for years (if not decades) to come. One investor known for his expertise in both section 8 rentals and BRRRR investing is Dr. Joe Asamoah. Regularly, Dr. Joe may be the smartest person in the room and he really shines when speaking about the often forgotten benefits of section 8 rentals. While many investors simply think of D-class houses and D-class tenants when accepting section 8 vouchers, Dr. Joe disagrees. His theory is simple—Find C or D-class properties in B-class neighborhoods, and rent to A-class section 8 tenants. The payoff? Very long-term tenants with guaranteed rent whose lives you can benefit directly. And Dr. Joe isn't just hypothesizing about this—he’s been doing this for decades and may be why he has tenants who have stayed with him for over twenty years, paying rent every month, on time. In This Episode We Cover: Before and after photos of Dr. Joe’s most recent section 8 BRRRR rental Renovation hiccups when doing large renovations/BRRRR deals The “bedroom-to-cash-flow” ratio that makes section 8 a lucrative choice for investors How to find the highest quality, long-term tenants in your investing area Building multiple exit strategies out of one property for maximum cash flow and equity gain The most common BRRRR risks and how to mitigate appraisal and tenant headaches And So Much More! Links from the Show: BiggerPockets YouTube Channel BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah BiggerPockets Podcast 498: Real Deal: BRRRR Deep Dive w/ Joe Asamoah (Pt 1) Zillow Craigslist AffordableHousing.com (formerly GoSection8.com) David Greene's Instagram David David Greene Real Estate YouTube Channel Robert Abasolo's Instagram Robert Abasolo's Robuilt YouTube Channel Robert Abasolo's TikTok Check the full show notes here: https://biggerpockets.com/show575 Learn more about your ad choices. Visit megaphone.fm/adchoices

If a housing bubble is on the horizon, how best do real estate investors prepare for the massive hit they’re about to take? With so much money flowing throughout the economy, home prices hitting record highs, and competition staying fierce, what can the average investor do to stock up so when a housing market crash does happen, they’re ready to make big moves? David Greene, may have an answer. Although many people see David as a real estate fortune teller, he, unfortunately does not bring his crystal ball (unless you count his shiny bald head) onto today’s coaching call episode. Lucky for us, he does bring over a decade worth of knowledge from investing in many different phases of the real estate cycle. David is thrown questions from live guests today, without any preparation or information besides his own knowledge. Topics on today’s show range from when to buy a primary residence vs. buying a rental property, outsourcing your tasks so you can grow your portfolio, what will happen when interest rates rise this year, housing bubble indicators, and finding honest contractors. If you’re looking to invest in real estate, whether this year or within the next decade, David’s thoughts on surviving and thriving in a housing crash could make you much, much wealthier! In This Episode We Cover: Whether to pay rent and buy a rental property or buy your first primary residence  Bridge loans and raising private capital from investors in your network Enforcing the principles of Who Not How to grow your business faster and smarter Avoiding the housing market hysteria that many investors are facing today The leading indicators of a housing market crash (and how to see them before others do) How to avoid untrustworthy contractors and keep the quality ones around And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Calculators Submit your Question for an upcoming Seeing Greene episode! Biggerpockets Pro Membership David Greene's Real Estate Team Henry Washington's BiggerPockets Profile BiggerPockets Ask your Questions Live BiggerPockets Podcast Warren Buffet Bitcoin Ethereum XRP Craiglist Check the full show notes here: https://biggerpockets.com/show574 Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial freedom is the “why” behind almost everyone getting into real estate investing—but sometimes not for the right reason. We all want more time to spend with our families, doing things we love, and having autonomy over our own lives without having to worry about making money to live. This is all well and good for investors getting a delayed start on their investing journey, but what about the young investors, the ingenuitive investors, or those who could give so much more than they get? This is just one of the topics that your hosts David Greene and Henry Washington get into today, as they take live questions from BiggerPockets listeners without any prep, research, or outside factors coming into play. You’re getting a direct line into the mind of two of the best investors (and podcast hosts) around so you can see their struggles, landlording pains, and decisions behind their investing careers. In this show, we especially get into topics such as: building a real estate portfolio from scratch, non-QM loans and their big benefits for investors, when to stop buying rentals and focus on paying off your portfolio, finding off-market deals, and the classic cash flow vs. appreciation debate for long term wealth. This episode features both rookie investors and investors already seeing success through real estate. If you invest in real estate (or want to), this is the place to be! In This Episode We Cover: Investing locally vs. investing out-of-state to capitalize on lower housing costs Portfolio loans, non-QM loans, and other flexible financing for real estate investments When to stop buying rentals and pay off the ones you already own Whether or not to allow rental arbitrageurs to lease your rental properties Cash flow vs. appreciation and how this personally impacts your growth How to build relationships with commercial brokers so the deals come to you And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Podcast 366: 40 Doors in the First 2 Years with Henry Washington ListSource PropStream - Real Estate Investment Software Landglide DealMachine Airbnb David Greene Team David’s Instagram David’s BiggerPockets Profile Live Questions Click here to check the full show notes: https://www.biggerpockets.com/show573 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you need to be rich to buy a rental property? Arguably, no. In reality, you don’t need a lot of experience, know-how, or cash on hand to buy your first income property. But, you need to at least be resourceful, take advantage of your opportunities, and have the tenacity to follow through on your goals. If you have all those qualities, you may be a great real estate investor, or maybe you’re today’s guest, Erika Brown. Erika wasn’t raised by real estate investors. No, this was a skill she had to learn completely on her own. In fact, she learned the real estate sales skill without even knowing it! When Erika moved to a new neighborhood in the Atlanta, Georgia area, she was consistently convincing friends to buy properties around her home. She passed these leads along to a local real estate agent until she realized she was casually handing over six figures in commissions. So, she went ahead and got her real estate license, and later turned a pocket listing into her first real estate investment. From there, she saw a profitable path laid out, all she needed was the partners, lending, and work to actualize it. Now, Erika is sitting on a sizable real estate portfolio, building purposeful and profitable businesses so she can employ members of her community and lead the wealth generation movement in her circle! In This Episode We Cover: When part-time agents should make the jump to full-time work (and how to do it) Quitting the corporate lifestyle to take on more risk as a real estate investor Cashing out retirement accounts to fund your first (or next) deal Getting around common real estate roadblocks that lead rookie investors to fail Having a “purpose-first” business model so you can build wealth and upgrade your community Why every investor must “do what the wealthy do” to succeed in real estate And So Much More! Links from the Show: BiggerPockets Website BiggerPockets Podcast BiggerPockets Live Q&A BiggerPockets Conference BiggerPockets Forums TEDx Talks: How to Succeed at Doing Anything | David Greene | TEDxRoseville Airbnb MLS (Multiple Listing Service) The Last Dance - A docuseries that chronicles the rise of superstar Michael Jordan and the 1990s Chicago Bulls Peerspace Facebook Groups Check the full show notes here: https://www.biggerpockets.com/show572 Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate underwriting isn’t a commonly used term within the residential world. If you’re used to dealing with single-family homes, duplexes, triplexes, or quadplexes, you’ve probably done real estate underwriting to some degree, but you’ve called it “real estate analysis”. In both scenarios, investors are looking at what they’ll make on a deal, how much they need to invest, and what exit strategies they have. But, in a hot housing market, like we’re in today, by the time you analyze a deal, a deal may already be gone. You need a way to quickly sort deals into the “pursue” or “dump” piles, and Andrew Cushman, expert multifamily investor, may have just the solution for you. Andrew has been on the BiggerPockets podcast before and manages over 2,600 units, so he definitely knows what he’s talking about! Today, Andrew showcases the phase one underwriting he uses to decide quickly on deals, as well as the four levers to look at before even getting into underwriting. His system can save you hours, or even days, if you’re a full-time investor, and it helps rookie investors quickly analyze deals so they can get into the game. Now, residential owners can transition into commercial real estate with better scale and bigger profits. In This Episode We Cover: How Andrew scaled from zero to 2,600 units in only ten years The basic screening process that allows you to triage your deals and waste less time Four levers every investor should look at when analyzing a new deal The six factors of phase one multifamily underwriting and using it to unlock “home runs”  Developing and nurturing broker relationships so you can get off-market deals before your competition  And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene BiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman BiggerPockets Podcast 270: Turning Your Primary Residence Into 40 Units & Financial Independence with Amy Arata How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman Hal Elrod's Website BiggerPockets Calculators Submit your Question for an upcoming Seeing Greene episode! CoStar ESRI LoopNet Invest with David Greene David's Instagram Check the full show notes here: https://www.biggerpockets.com/show571 Learn more about your ad choices. Visit megaphone.fm/adchoices

Your rental portfolio can either be your ticket to financial freedom or a massive headache, but it’s completely up to you, the investor, to decide. Many investors who have been stacking up properties over the past few years now realize they’re sitting on a significant amount of equity. But what is the best way to use this equity without raising your stress levels in the process? Should you buy more units or focus on getting better, smaller, cash-flowing deals? David Greene is here to help alleviate you from the decision-induced stress, as he’s been dealing with these exact types of questions personally and with many of his buyers recently. In this Seeing Greene episode, David takes answers from BiggerPockets listeners both in video and written form, discussing topics ranging from scaling your real estate portfolio, outsourcing “heavy” tasks with a virtual assistant, and whether to cash-out refinance or use a HELOC(home equity line of credit). David also answers the age-old question of whether or not unit count matters when it comes to cash flow and long-term wealth building. You may be surprised to hear that many investors' “unit counts” don’t accurately reflect the size of their personal holdings. You’ll also get advice on how to find a great real estate agent from one of the top agents in the country! If you’d like to ask David a question, be sure to submit yours here! In This Episode We Cover: How to grow your real estate portfolio in spite of fluctuating market conditions Using virtual assistants to outsource the repeatable, “heavy” tasks on your plate When the right time to sell an investment property is (especially with HIGH appreciation) Transferring a rental property from your LLC into your personal name, and the implications that come with it The two types of agents and which one you should use for buying investment properties HELOCs vs cash-out refinances and the specific uses of both And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder Submit Your Questions to David Greene BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow — BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/show570 Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re asking your CPA how to not pay taxes, this may be the perfect episode for you. In fact, this episode is geared towards anyone making money in real estate, and listening could save you a massive amount in taxes over your lifetime. But isn’t tax reduction only for the ultra-rich? How can the average, everyday investor who has one, two, or a dozen rentals keep more of their capital so they can invest in more deals? Tom Wheelwright is the exact man to ask this question to. He’s so good at what he does, that he’s been advising Rich Dad Poor Dad’s Robert Kiyosaki for decades. Tom is dedicated to minimizing the tax burden that he and other investors suffer from. If you’ve read Rich Dad Poor Dad, a lot of Tom’s strategy will sound familiar, but in reality, it’s what all intelligent investors are doing. In today’s episode, Tom walks through the biggest areas where real estate investors can cut their tax bills, how to generate losses through depreciation, building an investment system, and the five steps to eliminating income tax from your real estate deals. If you make money in real estate, no matter how, this is information you can NOT live without. In This Episode We Cover: Why rich investors pay fewer taxes than those who are employed or self-employed Tax incentives vs. loopholes and why one is risky and the other is celebrated Where investors can look to greatly reduce their taxable income  How real estate debt gives investors far less risk in their deals Deprecation, recapture, and how real estate gives you a leg up on income tax reduction Whether or not you should hold a real estate investment in an LLC And So Much More! Links from the Show: BiggerPockets Website BiggerPockets Youtube Channel BiggerPockets Podcast BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming Amazon Airbnb Invest with David Greene The CASHFLOW GAME by Robert Kiyosaki The Real Estate Strategies Podcast with Ken McElroy: QUITTING Your 9-5 for Real Estate Investing (with BiggerPockets' David Greene) Ken McElroy's Official Website Robert Kiyosaki's Official Website Listen to the full episode: https://www.biggerpockets.com/show569 Learn more about your ad choices. Visit megaphone.fm/adchoices

The housing market is an evolving beast that almost no one can accurately map. With so many investors on opposite sides of the fence when it comes to housing market crashes and corrections, it’s nice to hear the thoughts of someone who has accurately predicted past crashes. We’re honored to have Ivy Zelman from Zelman & Associates on today to discuss the modern housing market, supply chain shortages, and overbuilding problems. Zelman accurately predicted the 2007 housing market crash and has been on the front line of analysis and forecasting when it comes to all things housing market-related. She’s seen the data firsthand and has a broad understanding of which factors specifically impact prices, demand, and overall availability. David Greene and Dave Meyer take some time to ask her the top-of-mind questions that investors and first-time homebuyers want answered. If you’re planning on purchasing real estate in the next year or two, it may be best to get Zelman’s opinion before putting in your offer. She’s seeing multiple “yellow flags” that may signal stark changes within the housing market, either allowing you to scoop up better deals in the near future or at least mitigate loss when buying at these record-high prices. In This Episode We Cover: The similarities between the 2007 housing market and today’s housing market Affordability and how it greatly impacts both buying and selling behavior The “overbuilding problem” we’re seeing with many multifamily developers Supply chain problems, labor shortages, and other factors impacting new construction Who should (and should not) buy real estate over the next couple of years And So Much More! Links from the Show BiggerPockets Jobs BiggerPockets Youtube Channel BiggerPockets Forums National Association of Realtors (NAR) Cradle to Grave by Zelman & Associates Zillow Listen to the full episode: https://www.biggerpockets.com/show568 Learn more about your ad choices. Visit megaphone.fm/adchoices

The 1% rule, HELOCs, BRRRRs, cash-out refinances, and cash flow are all topics on this episode of Seeing Greene. As always, you’ll be joined by our jiu-jitsu loving, metaphor-creating, top-tier agent and investor, David Greene as he takes questions submitted via video, on YouTube, and through the BiggerPockets forums. With so many new investors getting into real estate, there is no better time than now to sit down, relax, and get into the mind of an expert. If you’re a rookie figuring out how to get financing for your first real estate deal or a veteran investor debating cash flow vs. appreciation and the usability of the 1% rule, be sure to stick around. David touches on all these topics and more as he dives deep into some of the most asked questions around the real estate community. You’ll hear about out-of-state investing, the best real estate investment for cash flow, the implications of partnering with a romantic partner, ADUs (attached dwelling units), and how to get around the dreaded six-month seasoning period of cash-out refinances. If you’d like to ask David a question, be sure to submit yours here! In This Episode We Cover: Securing financing when you don’t have any deals under your belt Whether to use a cash-out refinance or HELOC (home equity line of credit) on your next BRRRR Whether or not triple net lease properties are worth investing in and the risks Why David changed his stance on cash flow vs. appreciation over the past few years Whether or not the 1% rule is still viable for modern real estate investors How to get around the six-month seasoning period of refinances  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Submit Your Questions to David Greene BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off? BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow — BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate? David Greene Team Click here to check the full show notes: https://www.biggerpockets.com/show567 Learn more about your ad choices. Visit megaphone.fm/adchoices

How many rental properties do you own? It could be one or one hundred rentals. But, whether you’re a rookie or veteran real estate investor, it’s hard to not be impressed by Jason Rash’s story. Jason has put off investing in real estate for most of his working life, focusing more on passive income streams like investing in stocks. This all changed when Jason saw tens of thousands in stock value disappear from his accounts. He wanted something more reliable, stable, and calculated that he could control. Of course, real estate investing fits that criteria exactly. So what did Jason do? Did he go and buy one rental, wait a few years, and then try to buy another? Nope. Jason went and bought ten properties over the span of eight months. That more than one property a month within his first year of investing! Be warned, there is a method to this madness. Jason has a tight control on his long-distance investing, having only the best agents, property managers, plumbers, electricians, and contractors on speed dial. This wasn’t a system he fell into, this was a system he intentionally built. Jason shares his six-part criteria that any new investor can use, especially when trying to minimize headaches and maximize cash flow. In This Episode We Cover: The huge competitive advantage of having local knowledge and a core four Lowering your property management fee while creating a win-win for both parties Seller credits and using them to finance house repairs and upgrades Fighting off “shiny object syndrome” so you can stay focused on your goal Jason’s six-step criteria to buy headache-free houses when investing from a distance Building a scalable, repeatable, simple system for finding, funding, and closing on great deals And So Much More! Links from the Show: BPCON2021 Zillow TEDx Talks: How to Succeed at Doing Anything | David Greene | TEDxRoseville Airbnb BiggerPockets Website David Greenes's Instagram Grant Cardone's Website Check the full show notes here: https://www.biggerpockets.com/show566 Learn more about your ad choices. Visit megaphone.fm/adchoices

Analysis paralysis is always lurking. Even the most experienced investors feel it before they pull the trigger on a new deal, business, or strategy. It’s not to say that careful consideration of an investment isn’t a crucial requirement to success, but the mental stuttering we feel when trying to make a decision can leave us in a foggy stupor. When we feel like this, we do fewer deals, build less wealth, and live our lives half full. Kindra Hall, bestselling author, master storyteller, and real estate investor knows this feeling all too well. She watched her husband struggle with analysis paralysis during the mass foreclosures of the great recession. Thankfully, she and her husband took the time to catch, analyze, choose, and install a better outlook, or story, for their investing future. This type of mental mechanism allowed Kindra and her husband to grow their real estate holdings and buy the beach house of their dreams. In today’s episode, Kindra outlines the four steps every investor needs to go through to create better mental stories that will push you to the finish line, instead of keeping you in investing anxiety. If you’re still waiting to purchase your first investment property, we recommend taking this advice to heart, trying it out, and taking action! In This Episode We Cover: The stories we outwardly and inwardly tell ourselves that could hurt our success How to crush hesitation so you can make the right decision faster Shrinking limiting beliefs about what we can and can’t do The four-step process to redesigning your story and installing a new one How Kindra got a $1M+ beach house for well under asking price And So Much More! Links from the Show BiggerPockets Jobs BiggerPockets Youtube Channel BiggerPockets Forums Airbnb Holmes on Homes (TV Series) Craigslist Amazon Barnes and Noble Robert's Youtube Channel Robert's Instagram Robert's TikTok David's Instagram Seth Godin's Website Check the full show notes here: https://www.biggerpockets.com/show565 Learn more about your ad choices. Visit megaphone.fm/adchoices

Bad tenants? Funding hiccups? Scaling too fast? These are just some of the problems real estate investors have to deal with every day. What’s the prize for all this work? Financial freedom, personal fulfillment, and the time to do what you want, with who you want, wherever you want! It’s no surprise that real estate investing is one of the best ways for the average person to build wealth. But what do you do when things go wrong? Expert investor, agent, lender, and podcast host, David Greene, is joined by short-term rental pioneer and YouTube personality, Rob Abasolo, to answer questions from rookie and veteran investors. These questions are thrown at our experienced hosts without any prep, allowing them to come up with quick solutions that could answer a question you’ve been wishing someone would ask. David and Rob touch on topics that almost every investor will deal with, such as: how to take on private money for the first time, creative ways to fund your rehab, tips for setting up a short-term rental, when to quit your job and pursue real estate full-time, and how to get rid of headache tenants.  In This Episode We Cover: Should you own real estate in an LLC or in your personal name? How to legally (and ethically) raise private capital for real estate deals The best ways to fund a rehab, especially when you’re low on cash The biggest mistake that short-term rental hosts make when setting up their first rental Valuing your time vs. money and when to quit your W2 Inheriting tenants and what to do when renters won’t pay on time (or at all) And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Rent Estimator BiggerPockets Forums BiggerPockets Talent Search BiggerPockets Rental Property Calculator BiggerPockets Pro Membership Submit Your Questions to David Greene David Greene Team David’s Instagram David’s BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/show564 Learn more about your ad choices. Visit megaphone.fm/adchoices

Long-distance investing may sound like an impossible feat to achieve for many investors. What if something goes wrong in the house? What if something needs fixing? What if there are problems with tenants? As today’s guest Sarah Weaver puts it, “do nothing”, your core four can handle it all so you don’t have to stress. Sarah knows what she’s talking about—she’s been a nomadic landlord for years now, teaching agents and investors how to grow their businesses while living their dream life. Sarah was able to close on twelve units while operating abroad and working remotely. She was buying fourplexes while hiking in New Zealand, landlording while on the beaches of Bali, and growing her businesses while enjoying everything South America had to offer. Sarah embodies the exact type of life so many investors are looking for. The difference between most investors and Sarah? She let go of fear and kept her goals in mind, no matter what she was doing. This way, she’s been able to retire off of fifteen rental properties in less than a decade while running her own business, traveling, and really doing whatever she wants! In This Episode We Cover