Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments are through the roof. This can’t last forever, and some new government policies are trying to ensure it doesn’t. In this week’s BiggerNews, we’re talking to Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, about what policies could benefit the country and whether or not they’ll actually pass. We’re also getting into Vice President Harris’ housing plan and former President Trump’s housing plan to see what each candidate believes could bring more affordable housing to the market. With President Biden’s recent rent control proposal, many real estate investors are worried their rents could be capped. But will this nationwide rent control proposal go through?  Plus, what effect does affordability have on current homeowners and investors? Low supply means more demand and higher home prices, but could it come at the cost of your local economy, as renters and would-be homebuyers struggle to afford a home? We’re answering it all in this episode of BiggerNews!  In This Episode We Cover: The housing affordability problem and new government proposals aiming to help  Factors that are making housing so unaffordable and why we’re at forty-year lows  Regulatory and zoning reform, and why we must make construction easier  Harris’ housing policy and new incentivizes to build 3 MILLION homes Trump’s housing policy and using government land for new construction  Biden’s nationwide rent control proposal and whether or not it has enough support to pass  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book “Start with Strategy” Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Bipartisan Policy Center Rent Regulation  Freakonomics - Why Rent Control Doesn’t Work Connect with Dave (00:00) Intro (02:14) Promoting Affordable Housing (03:04) Our Massive Affordability Problem (05:49) What Needs to Change (10:00) Harris' Housing Plan (14:01) Nationwide Rent Control? (18:33) Trump's Housing Plan (22:08) How Affordability Impacts Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1011 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

Wondering how to invest in real estate so you can finally quit your job? Then, this episode might surprise you. While most real estate educators online are constantly stressing how you must leave your W2 so you can become a full-time real estate investor, today, we’re going to do the opposite, proving why most real estate investors SHOULD keep their job and let real estate supplement their dreams, instead of becoming their dream. Take it from Lawrence Briggs. He’s an avid BiggerPockets listener who moved to a different city just to invest in real estate. With such passion and drive, you’d think he wants to become a full-time landlord. But the truth is…he doesn’t. His passions go far beyond managing tenants and fixing toilets, so he uses real estate to amplify his lifestyle and protect his finances so that he never HAS to get a job but can choose the exact job he wants to work. Today, we’re talking to Lawrence about balancing your W2 job with real estate investing, why you DON’T need to quit to reach (even a small amount of) financial independence, the side hustle he used to save up for his first rentals, and how he works just a few hours a week managing his real estate portfolio. This is the realistic way to build wealth through real estate, and if Lawrence can go from poverty to multi-unit landlord, you can invest, too! In This Episode We Cover: How Lawrence escaped generational poverty through sacrifice and smart investing  Why Lawrence does NOT want to quit his job for real estate but would do something else instead  Moving to invest in real estate and why your salary-to-home-price ratio matters  The realistic way to spend just a few hours a week managing your rental properties  One super flexible side hustle Lawrence used to make money, learn how to invest, and find properties  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777 Enter to Win a Free Ticket to BPCON2024 by Leaving a Positive Review on Apple or Spotify and Sending a Screenshot to BiggerPockets on Instagram Grab Dave’s Newest Book, “Start with Strategy” Property Manager Finder See Dave and Lawrence at BPCON2024 in Cancun! Should You Quit Your 9-5 Job to Become a Full-Time Real Investor? Connect with Lawrence Connect with Dave (00:00) Intro (01:31) BPCon2024 Giveaway! (02:55) Switching Jobs to Invest (11:24) Food Delivery Side Hustle (16:31) I DON'T Want to Quit (18:52) Breaking Generational Poverty (21:34) Dream Job for Investors (26:37) Time Spent Managing His Rentals (31:12) You Don't NEED to Quit (33:55) The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1010 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to make money in real estate investing, EVEN during 2024’s harsh housing market? It’s easier than you might think—and we’ve got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they’re doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices.  From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we’re showing investors can make more money than ever before, no matter the market. First, Ashley and Henry tell us about the deals they’ve been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we’ll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips! Finally, Dave spills his secret on how he’s increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you’ll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too!  In This Episode We Cover: The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow Quick house flips and how to make five-figure profits even if you’re a hands-off investor How to find off-market listings THROUGH your real estate agent Henry’s foolproof buy box for house flips with the biggest buyer pool  Why you should NOT overlook Section 8 rentals (huge jumps in rents)  And So Much More! Links from the Show Find Your Next Investing Market with BiggerPockets Market Finder Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Ashley, Dave, and Henry at BPCON2024 in Cancun! Flipping Houses: How to Get Started and Everything You Should Know Ashley's BiggerPockets Profile Henry's BiggerPockets Profile Dave's BiggerPockets Profile Real Estate Rookie Podcast On the Market Podcast (00:00) Introduction (02:04) Deals We're Running This Year (09:32) Hands-Free Home Buying and Selling (22:44) $55,000 Profit on a Quick Buy and Sell (29:35) How to Increase Rent by 50% (39:15) The Dish  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1001 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

Tune into The DealMachine Real Estate Investing Podcast for more episodes just like this! Want to take down off-market real estate deals? You know, the properties you can get at the lowest prices and make a significant profit on? If so, you must know how to talk to off-market sellers. But, before you take your next seller phone call, you better be prepared to get hit with any of these nine common seller objections. And if you’ve been in real estate for a while, many of these sound familiar. But today, our friends at DealMachine will show you how to handle them like a pro. “I need to talk to my spouse.” “I need to think about it.” “My house is worth more!” These are just a few common real estate objections you may have heard before. So, how do you turn a standoffish seller into a motivated one? Jennie Hudspeth, sales trainer for top homebuying companies, is on to give her time-tested, expert knowledge on disarming even the most frustrated sellers so you can get on equal footing and make an off-market deal actually happen! Liked today’s show? Check out even more DealMachine podcast episodes here, where you’ll learn from wholesaling experts and the TOP off-market deal finders!  In This Episode We Cover: How to handle the top nine real estate objections you’ll hear from off-market sellers  The three things that will make an owner unsure about selling (and how to address them) The common “smokescreen” objections and how to bring back a seller’s confidence in you What to do when an off-market seller is fixated on an on-market sales price  Not wasting sellers’ time and ensuring they are in the position to sell their home Why should you NEVER say, “Can I be honest with you?” and what you should say instead  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube Listen to “The DealMachine Real Estate Investing Podcast” Get Your Next Off-Market Deal Faster with DealMachine Connect with Jennie: Jennie's Email Jennie's Instagram Jennie's LinkedIn Connect with David: David's BiggerPockets Profile David's Instagram Connect with Ryan: Ryan's Instagram Ryan's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-bonus-2 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s Podcast, we sit down with blogger, investor, BiggerPockets contributor, and perhaps “the most interesting woman in the world”- Paula Pant. Paula has a unique perspective on personal finance that is helping her build a strong buy-and-hold portfolio while maintaining freedom and mobility that most only dream of. This interview is sure to fascinate, entertain, and give some great real estate investing advice that you can use in your own life. Read the transcript to episode 35 with Paula Pant here. In This Show, We Cover How traveling the world for two years led Paula to real estate Tips for managing tenants while on vacation How to avoid “creative accounting“ Paying yourself when managing your own properties Paula’s definition of “financial freedom“ Why pinching pennies might actually hurt you What “Lifestyle Design” is – and how to do it How to quit your job and start living a life you want Tips for saving for that first rental Benefits of blogging about your investing Links From the Show Paula’s interview on NPR Paula’s article: You Know What Really Sucks? Cubicles How I Accidentally Bought Two of Kurt Cobain’s Former Homes and Why That’s Not Even The Best Part. (Brandon’s 1st Small Multifamily Property Story) How to Buy a Small MultiFamily Property: A Step by Step Case Study The Ultimate Guide to Tenant Screening Travel Hacking Books from the Site: The Four Hour Workweek by Timothy Ferriss Rich Dad Poor Dad by Robert Kiyosaki From 0 to 130 Properties in 3.5 Years by Steve McKight Tweetable Topics Theres a difference between active income and passive income. Know that difference. (Tweet This!) If I can make, in passive income, as much as the average us household earns – that’s financial freedom. (Tweet This!) Life is too precious to spend it doing something you hate. (Tweet This!) Blogging helps you clarify what you should be doing as a real estate investor. (Tweet This!) Connect with Paula Paula’s Blog: AffordAnything.com Paula’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Many investors find themselves trapped by a heated market – but today’s guest shows that it is fully possible to invest in real estate – even in a hot real estate market. Anson Young, who lives in the Denver area, joins us today to chat about finding great deals locally and virtually, as well as tips for working with agents, dealing with assignments, and a whole lot more. Anson is a fun guy who has a ton of awesome tips to share with everyone, so don’t miss today’s show! Read the transcript to episode 34 with Anson Young here. In This Show, We Cover The “crap jobs” that led to Anson’s real estate investing career How Anson partnered on his first deal without doing any labor Finding great deals on the MLS How Anson finds the best neighborhoods to invest in How to wholesale virtually What to do if you don’t have direct MLS access Using the “Short Sale Time Machine” to build equity How to get around the “non assignment” clause when wholesaling bank repos Mistakes made by Anson when getting started And much more… Links from the Show The Real Estate Agent’s Ultimate Guide to Working with Investors  The Book on Flipping Houses  The Book on Estimating Rehab Costs The BiggerPockets Forums The 21 Best Real Estate Books Ever The BiggerPockets REI Resource Center Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki Millionaire Real Estate Investor by Gary Keller The Four Hour Workweek by Timothy Ferriss Crush It by Gary Vaynerchuk Tweetable Topics Working crappy jobs can be a good way to get started with real estate investing (Tweet This!) Plan with the end in mind. (Tweet This!) You are either consistent or non-existent. (Tweet This!) Connect with Anson Anson’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we sit down with a relatively new investor who is absolutely crushing it as a flipper and wholesaler – Sam Craven. Sam has an incredible story of learning to fight through the initial problems that all new investors face and achieving a lot of success while investing during his weekends and evenings. Sam has a ton of great tips on marketing, making a plan, running an investment business, and a lot more. Don’t miss this show! Read the transcript to episode 33 with Sam Craven here. In This Show, We Cover Working with family without killing each other Closing 27 deals during the first year in business Getting leads with direct mail Investing while holding a full time job Partnering with other investors when first beginning How to lower your direct mail response rate … and why you want to Tips on online advertising Making a plan for future growth How to stand out from the “bad wholesaler” crowd How to build a sophisticated buyer’s list How to handle major problems when they come up Links from the Show BiggerPockets Pro Memberships LoopNet.com Books Mentioned in the Show The Millionaire Real Estate Investor by Gary Keller The E-myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber Tweetable Topics “To grow as a real estate investor, get involved in the conversations about real estate.” (Tweet This!) “Transparency is key when attracting clients, partners, and investors.” (Tweet This!) “Good deals are found through relationships.” (Tweet This!) Connect with Sam Sam’s BiggerPockets Profile Sam’s Website – Senna Homes Learn more about your ad choices. Visit megaphone.fm/adchoices

Many house flippers focus on small, cheap properties – but on today’s show we look at the other end of the flipping world: luxury house flipping. Our guest today, Will Barnard, is currently flipping multimillion dollar homes in the Southern California market, but the lessons and tips he shares can help any investor in any stage of the game. Will shares his story of how he got started with real estate investing and built up his business that has covered buy and hold, land development, flipping, and more. This episode covers a wide variety of topics that are sure to entertain and inform – so sit back and enjoy! We’re really excited to bring you this interview. Read the transcript to episode 32 with Will Barnard here. In This Show, We Cover Working with family when starting out The infamous occupant from hell… The transition from low-end flipping to high-end flipping Where Will believes the market is going When the 70% rule applies – and when it doesn’t How to find comparable sales for unique homes When to use architects and interior designers The crazy story of the “Seven Figure Spread” flip Working with Real Estate Agents And more! Links from the Show Forum thread about the recent Gmail changes  Will’s Occupant from Hell Story on the BiggerPockets Forums The House Flipping Calculator on BiggerPockets DocuSign Ink App EchoSign How to Negotiate: 7 Real Estate Negotiation Tips by J Scott Books Mentioned in the Show Trump Style Negotiation by George Ross Real Estate Finance and Investment Manual by Jack Cummings Tweetable Topics: “Simplicity is key. Buy right … that’s where you’ll lock in your profit.” (Tweet This!) “Real Estate rules are guidelines, not hard and fast. They are not silver bullets.” (Tweet This!) “Everything you do in real estate- it’s all about the negotiation.” (Tweet This!) “There are a lot of hurdles in real estate. It is a roller coaster ride.” (Tweet This!) “Experience is the Best Educator.” (Tweet This!) Connect with Will Will’s BiggerPockets Account Will’s Website: www.BarnardEnterprises.com Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s show, we want to introduce you to a relatively new investor who is building a really awesome wholesaling business through the use of smart marketing, savvy business skills, and persistence. Lamar Cannon, from the Austin, TX area, shares with us his story of how he got started with wholesaling and uses the sales skills from his previous job to close more deals. No matter what kind of investor you are, Lamar’s story is going to inspire you, motivate you, and help take your own business to a new level. In This Show, We Cover Lamar’s first “accidental deal“ Negotiating directly with a bank How to avoid jumping from shiny object to shiny object Finding cash buyers Dealing with bad neighborhoods The right way to answer phone calls as a wholesaler How to determine your wholesaling “law of averages“ Tips for wholesaling with no money Plus a lot more! Links from the Show: BiggerPockets G+ Account Ultimate Beginner’s Guide to Real Estate Investing How to Create an Awesome Lead Generating Website in Under an Hour with No Technical Abilities Books Mentioned in the Show The Book on Flipping Houses by J Scott The Book on Estimating Rehab Costs by J Scott Rich Dad Poor Dad by Robert Kiyosaki Good to Great by Jim Collins Four Hour Workweek by Timothy Ferriss Tweetable Topics: In business, be consistent with your strategy and focus on one thing at a time. (Tweet This!) Be solution-oriented. (Tweet This!) Connect with Lamar Lamar’s BiggerPockets Profile Lamar’s Website: We Buy Houses in San Antonio Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast we want to share an interview with someone who runs his investment business in a unique but powerful way – and it’s sure to both inform and entertain you. On today’s episode, we sit down with real estate investor Kenny Estes and chat about investing in rural America, funding deals through private money, building a team, and “going big” with a bold exit strategy. Join us today for a really awesome interview and one of the highest caliber conversations we’ve ever had (and one of the largest debates as well!) Read the transcript to episode 30 with Kenny Estes here. In This Show, We Cover How Kenny started investing at 18 years old – while still in college. The early mistakes that Kenny is still digging out from The “Cab Driver Metric” in Real Estate Investing Why “no money down” is dangerous How to “stress test” a real estate deal How Kenny found his initial private investors The debate between “Invest Yourself” or “Invest with Others” Kenny’s real estate team – and how he built it Finding and dealing with contractors Kenny’s “bold” exit strategy plan Links from the Show The House Flipping Calculator Are Stocks Better than Real Estate? Post by Kenny Estes “Boring can be Sexy when Investing in Real Estate” post by Ben Leybovich Ultimate Beginner’s Guide to Real Estate Investing – Free eBook CashFlow Board Game Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Investing in Real Estate – Gary Eldred On China – Kissinger Tweetable Topics Be very cognizant of your risk threshold and do it very conservatively. (Tweet This!) Private investors are people you know. (Tweet This!) Invest simply, do it conservatively, do it for the long haul. (Tweet This!) Connect with Kenny Kenny’s BiggerPockets Profile Kenny’s Blog – PearTreeProperty.com/Blog Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we are going to dive into some really fascinating new ways to finance your real estate investing while talking with residential investor Dawn Anastasi. Dawn is an active investor in the Milwaukee area who, while working a full time job, has collected a number of rental properties with amazing cash flow each month. Dawn shares with us her strategy for buying low priced houses (with unique financing in place,) fixing them up, and leasing them out to great tenants. This show definitely has a lot of great tips, ideas, and strategies for both new investors and seasoned pros. Read the transcript to episode 29 with Dawn Anastasi here. In This Show, We Cover Working with Family and Friends Investing in Real Estate from a Woman’s Perspective Dealing with Difficult Contractors How to Find Houses for Between $20,000 – $30,000 Financing Real Estate Through Peer-to-Peer Funding Buying Long Distance Properties Why Single Family Rentals Rock Finding Partners on BiggerPockets Links from the Show Lending Club (BiggerPockets Partner Link) Prosper (BiggerPockets Partner Link) How to Buy a Small Multifamily: A Step by Step Case Study Brandon’s Twitter, Josh’s Twitter, BiggerPockets’ Twitter Tenant Screening: The Ultimate Guide The BiggerPockets MarketPlace Rich Dad Poor Dad Audio Book on Youtube How to Analyze a Fix and Flip: A Step by Step Case Study The BiggerPockets Fix and Flip Analysis and Reporting Tool Books Mentioned in the Show The Section 8 Bible Rich Dad Poor Dad Tweetable Topics You need to be comfortable with whatever investing strategy you choose. (Tweet This!) A deal is a deal, whether it’s a single family home or duplex. Go where the deal is. (Tweet This!) Know your real estate market: the niches, and the neighborhoods. (Tweet This!) The Bigger Pockets Marketplace is eHarmony for Real Estate Investors! Have You Found Your Match? (Tweet This!) Connect with Dawn Dawn’s BiggerPockets Profile Dawn’s Website www.coreprop.biz/ Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets, we’re going to dive into an area of real estate investing that is largely unknown, yet can be one of the most passive forms of earning lucrative returns: note investing. Our guest today is Dave Van Horn, who has been actively investing in real estate for more than twenty years and currently runs a very successful note business, PPR Note Company. In addition to information on notes and passive income, Dave also has a ton of great tips for any investor looking to raise money for their real estate deals – so definitely don’t miss this valuable and informative show! Read the transcript to episode 28 with Dave Van Horn here. In This Show, We Cover How Dave used other people’s money to buy real estate Attracting private lenders through proper networking Dave’s beginning journey into note investing and “Soft-Hard Money” Why people sell notes … for steep discounts. Buying “delinquent mortgages” for incredibly low amounts The kind of discounts you can get from second mortgages Strategies for dealing with delinquent payments Three ways to get started buying notes How much you need to get started investing in notes Unique ideas for raising capital and finding accredited investors Staying out of trouble when dealing with accredited investors The mistake that cost Dave’s company $10,000 when dealing with investors Links from the Show BiggerPockets YouTube Chanel BP Podcast 026: Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier BREAKING NEWS: General Solicitation of Accredited Investors is Now Legal… Who are the Winners and Losers? The BiggerPockets Forums The BiggerPockets House Flipping Calculator Books Mentioned in the Show Missed Fortune 101 by Douglas Andrew Mastering the Rockefeller Habits by Verne Harnish Tweetable Topics Keep your money moving… keep the velocity going. (Tweet This!) How many deals could you do if you had an unlimited supply of money? (Tweet This!) Start raising money with the people in your cell phone (Tweet This!) Connect with Dave Dave’s BiggerPockets Profile Dave’s Company PPR Note Company Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we talk with the dynamic husband and wife team ofJason and Katherine Grote about their adventures in flipping and wholesaling, while specifically dealing with some of the unique ways they find deals for their real estate investing business. This show was really a ton of fun to record and will give you both ideas and many good laughs as you hear the Grote’s story and tips for you and your investing business! Read the transcript to episode 27 with Jason and Katherine Grote here. In This Show, We Cover What a “wholetail” is – and why it can be profitable The first direct mail campaign that… flopped. When to “buy and hold” and when to “flip?” When to Quit your job … and when NOT to. Flipping in hot vs. cold markets How to wholesale without being a time-stealing “bottom feeder” Dealing with foundation problems Tips for working with your spouse Links from the Show The New BiggerPockets Real Estate Calculators and Analysis Tools Fix and Flip Analysis & Reporting Tool Lending Club BP Podcast 010 : Flipping Houses 101 with J Scott BP Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson 5 Key Takeaways From the Inman Real Estate Connect SF 2013 Conference How to Create an Awesome Lead Generating Website in Under an Hour with No Technical Abilities Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki Tweetable Topics Anything worth anything is all about hard work (Tweet This!) People decide whether or not they’ll buy your house in the first 3 minutes.(Tweet This!) We’re passionate about real estate… it’s fun! (Tweet This!) Who needs a book when you have BiggerPockets! (Tweet This!) Connect with Jason and Katherine Jason’s BiggerPockets Profile Katherine’s BiggerPockets Profile The Grote’s Website: www.IBuyAustinHouses.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Successful real estate investing involves a lot more than just tenants, toilets, and trouble. Successful investors have learned to manage their investing like a business and not a hobby by creating systems to scale their efforts and build wealth faster and more securely. To get a better idea on just how to do this, on the show today we talk with real estate pro Chris Clothier of Memphis Invest, who shares his story and his view on how to start working on your business and not in your business. If you are looking to take your investing to the next level while maintaining more control – don’t miss this episode. Chris also has some awesome tips on getting your properties rented quicker and dealing with difficult tenants so be sure to take notes! Read the transcript to episode 26 with Chris Clothier here. In Today’s Show, We Cover Student housing: a good idea or a bad idea? When NOT to use partnerships – and the perfect kind of partner. What comes first: hiring employees or ramping up your marketing. What true marketing really is… and why it costs nothing. Tips for outsourcing parts of your business that don’t excite you. Why Chris didn’t use a formal business plan but you probably should. How to hire people and guarantee you can always pay their salary. Chris’ unique “game” for filling vacant units. The one tenant trait that is an automatic denial. Specific questions to ask a property manager before hiring them. Links from Today’s Show: BP Podcast 009: Using Hard Money Lenders to Grow Your Business with Ann Bellamy Keyword alerts Do You Feel Like You Are Drowning In Your Business? Start Outsourcing! Books Mentioned in the Show Make it Big by Frank McKinney Rework by Jason Fried and David Heinemeier Hansson Tweetable Topics “The best marketing you could ever do is simply talking to other people.” (Tweet This!) “If you are going to start a business… why not go all in?” (Tweet This!) “To scale your business, you gotta bring in the highest quality people.” (Tweet This!) “Surround yourself with people who believe in your vision and are up for the challenge.” (Tweet This!) “Don’t be scared to share in the wealth of what you are doing.” (Tweet This!) Connect with Chris Chris’ Company Website MemphisInvest.com Chris’ BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

The Fed has signaled something significant for mortgage rates. With inflation still rearing its head and the job market hot as ever, the Fed already has enough evidence to hold back on lowering the federal funds rate, which influences the mortgage rate you get on a home. So when will the Fed finally lower rates so we can escape this highly unaffordable mortgage market? Or, can the Fed pause for the foreseeable future as we enter a new era of high interest rates? Caeli Ridge, President of Ridge Lending Group, is here to help us answer these questions. Caeli works on getting investors mortgages every single day, so she has a solid pulse on the mortgage market. She gives us a mortgage rate update, explaining what today’s rates look like, when the first Fed rate cuts could come (sooner than you think!), and how a mortgage lender calculates your specific rate. She also gives some tips on navigating this high-rate environment and why merely looking at your mortgage rate as a deciding factor could cost you big time. As we wrap up, Dave will give his perspective on what the Fed is waiting for and the factors that MUST change before the Fed decides to proceed with a rate cut. He’ll also share a few tips on how to get ahead of the competition with today’s high rates and why these unique advantages won’t last long. In This Episode We Cover: How long we’ll have to wait for the Fed to finally cut rates  March 2024 rate update and the rate you can expect on your next mortgage What matters MUCH more than your mortgage rate when closing on a property LLPAs (loan-level price adjustments) and how to score a lower interest rate from your mortgage lender The crucial economic factors the Fed is watching to decide when to lower mortgage rates How to get ahead of the competition during a high-rate environment and buy when the masses are distracted And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Sign Up for BiggerPockets Pro to Attend the Market Intelligence Workshop Grab The Personalized Guide to Picking a Mortgage The BiggerPockets Mortgage & Home Loan Calculator Should You Buy Mortgage Points? Fed Meetings Calendar Connect with Caeli: Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-915 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

On today’s episode of the BiggerPockets Podcast – we’re going to change things up. You see, all of our interviews thus far have been with real estate investing professionals, who are absolutely crushing it in their real estate journey. However, today, we want to sit down with some investors who are just starting out and can tell us their stories of how they achieved their first real estate deal. These stories are not only helpful for new investors, but even the pros can learn valuable lessons from their experiences. We cover everything from investing when you live in an expensive city to dealing with the drama that might arise during a wholesale deal and even tips for buying a small multifamily property as your first primary residence. Don’t miss this amazing set of interviews with some really great individuals! Read the transcript to episode 25 here Links from the Show: New Member Introduction Forum  ThisMomBuysHouses.com The 2% Rule and 50% Rule Google Street View The BiggerPockets Deal Analysis Forum Books Mentioned in the Show How to Be a Deed Grabber by Rick Dawson How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson Tweetable Topics “When financing real estate, find a lender who knows what they are doing.” (Tweet This!) “If you have a good property, at a good price, in a good location – you won’t have a problem selling.” (Tweet This!) “You can’t use your location as an excuse not to invest.” (Tweet This!) “It’s more important, with early deals, to get them moved early and build your confidence.” (Tweet This!) Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we talk with active house flipper and real estate investor Michael LaCava about flipping houses in today’s rapidly changing real estate market. Mike has been flipping houses since 2006, so he’s seen both the crash and the emergence of the market, and has a ton of great insight into building a scalable flipping business, analyzing deals quickly and efficiently, and (as a new feature on the Podcast) Mike dives into a “Fire Round” where he answers some of the most interesting questions asked by BiggerPockets members in the Forums. Read the transcript to episode 24 with Michael LaCava here In This Show, We Cover Finding and Working with Partners in your Investing Losing money on the first deal Mike’s view on the Hedge Fund problem Exit strategies … “What happens IF…” The $2.5 million dollar deal that fell apart When to use the 70% Rule and when NOT to use it Finding accurate comparable sales (Comps) The best way to estimate repairs Hiring your very own acquisition manager Tips for wholesalers The power of blogging for your business The flipping “Fire-Round” Flipping a “Murder House?” Finding deals in a competitive market Links from the Show BiggerPockets Deal Analysis Forum Books Mentioned in the Show Think and Grow Rich by Napoleon Hill Tweetable Topics: “When flipping a house, you make your money on the front end. It’s understanding the numbers before getting into it.” (Tweet This!) “Relying on the experts and building your team is crucial to being successful.” (Tweet This!) “You need to create a plan, you need to write it down, you need to start taking action.” (Tweet This!) “Success isn’t about how much money you make – it’s about enjoying life along the way.” (Tweet This!) “Goals with no actions are just dreams.” (Tweet This!) Connect with Michael Michael’s Website HouseFlippingSchool.com Michael’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the biggest issues that most investors face is the issue of investing while holding a full time job. In today’s episode of the BiggerPockets Podcast, we sit down with real estate investor James Vermillionto discuss how he has built his real estate flipping and buy-and-hold investing business while working full time in the US Military and with a non-real estate business. James shares his story, along with numerous tips for managing your time while working a job and dealing with partnerships to maximize your investing power. Read the transcript to episode 23 with James Vermillion here .In This Show, We Cover How James works a full time job while flipping houses Overcoming the “Education Only Phase” and buying his first property Investing while serving in the US Military How James succeeded without any expensive courses or mentors How to find free online college-level real estate education Transitioning from Flipping to Buy and Hold Finding financing for flipping through a local community bank Tips and tricks for finding deals still on the MLS How to make a partnership work great Tips for finding a free mentor Links from the Show James’ BP Blog Post on Free Education  BP Podcast 006: Investing While Holding a Full Time Job with Arthur Garcia The Ultimate Guide to Tenant Screening Links for Military Investors US Small Business Admin (Veterans Section): VA Veterans Business Portal: SCORE (offers some free and discounted resources for military): Books Mentioned in the Show Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow The Book on Estimating Rehab Costs Tweetable Topics: “What works in one market won’t necessarily work in another market.” (Tweet This!) “A partnership will never be 50/50 all the time – and that’s okay.” (Tweet This!) “Don’t pick a strategy and build you life around it. Look at your life – and build a strategy that fits your needs.” (Tweet This!) Connect with James James’ BiggerPockets Profile James’ Company Website www.kandvinvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

While most investors think of real estate investing as buying an ugly property and making it look good, today we sit down with an investor who runs a highly successful investing business that focuses heavily on investing in new home building, along with wholesaling and flipping as well. Tucker Merrihew, the owner of TTM Development Co in Portland, Oregon, shares a ton of great advice on creating a sustainable and automatic lead funnel, as well as numerous tips on a variety of investing techniques. Read the transcript for episode 22 with Tucker Merrihew here In This Show, We Cover How a “failed personality test” led to real estate investing The early mistakes that caused major problems for Tucker Do condos make good investments? How to build a marketing machine Direct mail “shock marketing“ Why knocking down houses might make you money Tucker’s online marketing strategy The financial benefits of spec building Tips for finding and working with great contractors Finding deals when the MLS is too competitive Links from the Show Every Door Direct Mail BP Podcast 010 : Flipping Houses 101 with J Scott Tucker’s Lead Generating Website Books Mentioned In The Show: Donald Trump Books How to Win Friends and Influence People – Dale Carnegie Tweetable Topics: “There’s motivation in weird places sometimes.” (Click to Tweet) “When investing in real estate, you’ve got to have a website.” (Click to Tweet) “To be successful in real estate investing, you gotta build momentum.” (Click to Tweet) Get in Touch with Tucker Tucker’s BiggerPockets Profile Tucker’s Company Website: www.TTMDevelopmentCompany.com Tucker’s Facebook Page: www.Facebook.com/TuckerMerrihew  Learn more about your ad choices. Visit megaphone.fm/adchoices

While it’s unlikely that you are going to make a mistake in real estate that will kill you – there is a much higher chance that you’ll make a mistake that’s going to kill your chance of finding success. To help you fight the good fight and avoid those mistakes – you’ll definitely want to listen to today’s episode of the BiggerPockets Podcast with Josh and Brandon. You might be a seasoned investor or you might be just starting out – but the 20 mistakes listed in this podcast are real, common, and deadly if not properly addressed, so be sure to listen to today’s show. Read the transcript for Show 20 with Josh & Brandon here In This Show, We Cover: The best ways to get free education How to overcome analysis paralysis Exit strategies you should be using as a backup How to establish your marketing machine How to best protect yourself from being sued The best ways to find great contractors The worst way to screen for tenants Plus MUCH more… Links from the Show: Google Voice The Ultimate Beginner’s Guide The Ultimate Beginner’s Podcast The 21 Best Books for Real Estate Investors Danny Johnson Podcast The Keyword Alert System The New Member Introduction forum Meetup.com “What I Did Wrong as a Landlord” post J Scott’s Negotiating article Books Mentioned in the Show The E-Myth by Michael Gerber If You Give a Mouse a Cookie by Laura Joffe Numeroff Tweetable Topics You’re never going to know everything. (Tweet This!) The math never lies. Stick with the math and don’t fudge the numbers. (Tweet This!) You wouldn’t drive from Canada to Peru without a map. You need a plan – just knowing it’s south isn’t good enough. (Tweet This!) Don’t talk so much. Just listen. (Tweet This!) Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we are joined by Arizona real estate investor Tracy Royce to discuss all things related to short sales, getting started, and the best ways to run your real estate investing business. This show has a ton of tips for finding the best way to help sellers who are underwater on their mortgages and still make you a profit as a real estate investor, as well as great strategies for using virtual assistants to lighten your work load and other tips for those who are just getting started. Read the transcript for episode 19 with Tracy Royce here In This Show, We Cover: How to get paid to learn about real estate How to parlay your talents into a job with a real estate investor; How to “shift” with a changing market and recognize future trends How to use virtual assistants in your real estate business Goals: Good, bad, and ugly Getting started with no money by using technology and social media What a short sale is and the short sale process How to find a great short sale agent Tips for getting your short sale offers accepted Books Mentioned in the Show The Four Hour Workweek by Tim Ferriss Shift by Gary Keller Atlas Shrugged by Ayn Rand Think and Grow Rich by Napoleon Hill E-Myth Revisited by Michael Gerber Winning by Jack Welch Links from the Blog Odesk.com eLance.com Tweetable Topics “When investing in real estate – you have to start out in the mail room.” (Tweet This!) “Don’t expect to get rich tomorrow. You gotta put the work in, you gotta hustle.” (Tweet This!) “If you want an easy job, Sell kittens at a pet shop. Real estate investing isn’t easy.”(Tweet This!) “If you put more fishing lurers out there, you are more likely to catch things.”(Tweet This!) Connect with Tracy Tracy’s Website www.RoyceofRealEstate.com Tracy’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast we sit down with fix and flipper Danny Johnson to talk about running a successful real estate investing business. Danny has been investing in real estate for the past decade and has hundreds of awesome, actionable tips that he shares with us in today’s show. From real estate marketing through websites and direct mail to tips for wholesalers and ideas for getting started while working a full time job, Danny’s knowledge is going to blow your mind. Whether you are an experienced house flipper, a wholesaler, or a new investor just getting ready to start investing, this show is going to give you a ton of ammunition to use in your business. In This Show, We Cover: Why a mentor isn’t as important for your success as you might think. How to hustle while holding a full time job. How to use “driving for dollars” to get started. The CRAZY first deal that got Danny into real estate. Bandit signs… a great marketing plan OR a criminal activity? How Danny manages 8-13 flips at a time. The “Top Secret” method that Danny uses to find deals. Postcards vs. yellow letters : which is better? The best criteria for compiling a great direct mail list. Tips for creating a lead generating website and online advertising. Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Mastery by Robert Greene Flipping Houses Exposed by Danny Johnson Links from the Show Why Hiring a Mentor Might Not Be the Stupidest Thing You Could Do by Ben Leybovich Driving for Dollars Bible: Finding Distressed Properties and Marketing by Chris Feltus Driving for Dollars Bible 2: Tracking Down Owners & More Tips! by Chris Feltus Danny’s “We Buy Houses website” BP Podcast 016: Land Contracts, Creative Selling, and Finding Private Money with Clay Huber Hard Money Lender Directory Danny’s Blog Post: 9 Reasons Why You Couldn’t Sell Your Wholesale Deal Tweetable Topics You can’t just sit behind a computer and expect to succeed. You gotta get out there and do stuff. (Tweet This!) Always negotiate. (Tweet This!) When it’s a “real deal” you’ll know it’s a good deal. You don’t have to make it a deal. (Tweet This!) Focus on finding really great deals – you don’t need a whole lot of buyers (Tweet This!) Connect with Danny Danny’s BiggerPockets Profile Danny’s Blog FlippingJunkie.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investing is about more than just making money in the here and now – it’s also about setting up your future for a solid retirement with minimal hassle and maximum wealth. However, planning for that time in your life is not always the most easy-to-understand task. To help, we sit down with investment specialist Jeff Brown, a very common face around the BiggerPockets Blog, to discuss some of the best ways to find mentors, what you can do to start preparing for retirement right now, and how to invest in notes using cash or your self directed IRA or 401K. This show is filled with a lot of really actionable, in-depth content so be sure to have your notepad ready – you’re going to need it! In This Show, We Cover: How to find mentors to help train and teach Why real estate brokers make the best mentors What CCIM is and why you should consider it How much do you need to quit your job and go “Full Time?” Why $1 million might not be enough for you for retirement 3 paths to maximize after-tax income. Why “cash flow” might be overrated when beginning Why you should STOP investing in your 401K and IRAs – even with a “company match” Investing in notes vs. property … why one is better than the other How to find good notes to invest in 3 Case studies – what should a 25 year old do, a 45 year old do, or a 60 year old do for retirement? and more Books Mentioned in the Show: The E-Myth Revisited by Michael Gerber The Basic Steps in Real Estate Exchanging by Royce Ringsdorf. Links from the Show: The BiggerPockets FilePlace CCIM Training Tweetable Topics “The best mentoring you can get is often at the 19th hole around a plate of fries.” (Tweet This!) “Don’t leave money on the table just because you want the pleasure of being able to drive by your investment.” (Tweet This!) “When you retire, the one with the most options wins” (Tweet This!) “I want to retire yesterday afternoon around 4:30!” (Tweet This!) Learn More about Jeff Jeff’s BiggerPockets Account Jeff’s BiggerPockets’ Blog Posts Learn more about your ad choices. Visit megaphone.fm/adchoices

Several weeks ago on the BiggerPockets Podcast, we spoke with Leon Yang about using seller financing to buy properties. Today we are going to look at the opposite side of that transaction and discuss ways you can invest in real estate by utilizing seller financing (or “land contracts”) to sell. Our discussion today with real estate investor Clay Huber is chalked full of a lot of great advice for utilizing this strategy, as well as a variety of tips for those who are just getting started or for those who are just looking for another tool to add to their investor toolbox. Read the transcript for Episode 16 with Clay Huber here In This Show, We Cover: The “accidental flip” that got Clay into Real Estate… and why he changed strategies How to use seller financing to invest in real estate, When not to use seller financing Dealing with the dreaded Due on Sale clause, Should you get your real estate license? Using a full time job to accelerate your investing The members you should have on your team How Clay finances his deals The four items to include in your Marketing Packet to attract private money Overcoming the “Bus” question… what happens if you get hit by a bus!? How to get training for pennies on the dollar Books Mentioned in the Show: Inspecting a House (For Pros By Pros) by Rex Cauldwell Links from the Show: BP Podcast 015: From $80k in Credit Card Debt to 100+ Deals with Glenn and Amber Schworm Michael Zuber How to Raise Private Money Anytime, Anywhere. Even Over Chicken Wings! A Great Real Estate Investing Resource that Cost a Penny Tweetable Topics “The best business model is to simply have a sugar-momma!” (Tweet This!) “If you buy something for retail value you are at the mercy of the market.” (Tweet This!) “Your first step in any venture is to define your goal.” (Tweet This!) “Make sure your spouse is 100% on board with your goals.” (Tweet This!) Learn More about Clay HuberPropertyGroup.com Clay’s BiggerPockets Account Clay’s BiggerPockets’ Blog Posts Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting out with nothing is not easy. Luckily – this week on the BiggerPockets Podcast we are talking with husband and wife team Glenn and Amber Schworm, who have successfully done just this and scaled their real estate business to over 100 deals! On today’s show, Glenn and Amber share a ton of great tips and advice about flipping, wholesaling, and marketing for real estate investors – both new and seasoned. Read the Transcript for episode 15 with Glenn and Amber Schworm In This Show, We Cover: How desperation (and $80,000 in credit card debt) forced Glenn and Amber to succeed Using a mail-carrier to find deals for you The mistakes made on the first flip that helped them prosper on over 100 other flips Working with your spouse as your business partner Creating systems and teams to build a bigger business Tips for finding private investors to fund your real estate investing The toughest thing Glenn and Amber ever have to face in their business Tips for making money from wholesaling Marketing for motivated sellers Books Mentioned in the Show: The BiggerPockets Book on Flipping Houses Seven Habits of Highly Effective People by Steven Covey Think and Grow Rich by N. Hill The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz Links from the Show: BiggerPockets’ Facebook Page BP Podcast 010 : Flipping Houses 101 with J Scott Do You Have the Mindset to be on Shark Tank? Deals that Keep you Moving Forward….$20K into $85K in 5 days! BP Podcast 012 : Wholesaling and Marketing with Sharon Vornholt Tweetable Topics Don’t be afraid to ask. (Click to Tweet!) You can read the books and go to the seminars, but in the end – it’s a people business.(Click to Tweet!) Behavior that is rewarded is usually repeated. (Click to Tweet!) Invest in your people… they are your future. (Click to Tweet!) Action equal results. Massive action equals massive results.(Click to Tweet!) Learn More about Glenn and Amber SignatureHomeBuyers.com Glenn’s BiggerPockets Account Glenn’s BiggerPockets’ Blog Posts Learn more about your ad choices. Visit megaphone.fm/adchoices

You hear us talk a lot about buying real estate, but what real estate deals are WE doing in 2024? Today, we’re pulling back the curtain on our portfolios, walking you through actual deals we’re doing, how much they cost us, how much they’re making, and why, surprisingly, one of us STOPPED buying real estate to focus on something that’ll make much more money. Want to know what it is? We’re about to give you every detail you need to repeat the real estate deals we’re doing! First, Rob will talk about his Pink Pickle…yes, you read that right. It’s the newest bachelorette party-themed short-term rental in Austin, Texas! This short-term rental has everything you’d ever need: a pink pickleball court, a pink dinosaur, a mysterious red button that you SHOULD NOT PRESS, and an above-ground pool. This property took a LOT of work, but it only happened because of a real estate deal gone wrong. Next, David gives a masterclass on how to make half a MILLION dollars in equity on one rental property. He also shows you how having an investor’s eye can allow you to TRIPLE the square footage of a home and skyrocket the rents, making you much more cash flow than you thought possible. And no one even wanted this property in the first place! How do you find these hidden deals? Stick around; we’ll show you! In This Episode We Cover: Whether to buy more doors or reinvest in your real estate portfolio in 2024 (and what we’re doing) Housing market headwinds that are stopping most investors and how to get around them Turning a house flip gone wrong into a cash-flowing short-term rental  How David turned a tiny house into a $1.3M triplex with a HUGE equity position  The BRRRRSTR strategy explained (buy, rehab, rent, refinance, repeat, short-term rental) Why you always check for extra square footage BEFORE you make an offer on a house  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube How to Invest in Short Term Rentals (STR) How to Invest in Real Estate With the BRRRR Method Book the Pink Pickle Why I stopped buying real estate (and why you should too) Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-914 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

Creativity and real estate go together like peanut butter and jelly – but for many investors, learning how to get creative can be tough. So today, on the 14th episode of the BiggerPockets Podcast, we sit down with real estate investor Ben Leybovich to discuss buying property with 100% financing, the importance of cash flow (and how to get it,) overcoming obstacles that inevitable will rise, plus a whole lot more. Ben’s inspirational story, involving his battle with multiple sclerosis, will teach you the importance of creating passive income through real estate because you never know what the future will hold. Learn how Ben turned this tragic, life-changing news into motivation to create a successful real estate investing business. You’ll definitely want to take notes during this one! In This Show, We Cover: The shocking medical event that completely changed Ben’s life The three kinds of income … and which you need How Ben chose his real estate investing strategy The message about “flipping” that seems to escape most How to get started with no money at all Ben’s top tips for landlords A reasonable benchmark for cashflow… how much per unit per month. Why 100% of the purchase price isn’t 100% of the leverage/equity. Links from the Show Considering a House Flip With 15k Profit? Don’t Do It “It’s Not My Fault They Keep Trashing My Unit” – Actually It Is… The BiggerPockets Forums The National MS Society – Donate Multiple Sclerosis Association of America – Donate Books Mentioned in the Show: How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson ABC’s of Real Estate Investing by Ken McElroy’s Tweetable Topics Successful people march toward the blazing guns. (Tweet This!) Find fertile ground where the stampede hasn’t occurred yet. (Tweet This!) I’m in real estate for one reason and one reason only: stable passive income. (Tweet This!) Get good at solving people’s problems – you’ll do well in life.(Tweet This!) Successful people refuse to fail. (Tweet This!) To achieve extraordinary results we have to take extraordinary actions. (Tweet This!) Learn More about Ben Ben’s Blog – JustAskBenWhy.com Ben’s BiggerPockets Profile Ben’s LinkedIn Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Traditional cash flow investing and bank loans are the most common methods used for buy-and-hold investors, but it’s not the only way. Today’s episode of the BiggerPockets Podcast looks at some alternative methods of real estate investing that we haven’t covered in great detail yet on the show, but may help you pick up new skills and ideas for your investing plan. On today’s show, we sit down with Leon Yang, a young investor from the Las Vegas area who fills us in on his strategy to buy homes using seller financing. We also learn how he closely watches the real estate market to ride the “speculation wave” to build wealth through appreciation and time. A BiggerPockets Podcast Milestone! Before we get to the show – we want to give a big thanks to everyone who has left us a review in iTunes– we are up to 175 five-star reviews and counting! Also – we have reached 100,000 downloads of the podcast since we started – which is really, really incredible! Thanks so much to everyone who has helped us reach this milestone and supported BiggerPockets on this journey! Read the transcript for episode 13 with Leon Yang here In This Show, We Cover: How to get started when living in a city with high prices Why Leon chose Las Vegas to invest in How to use seller financing to fund your purchases Leon’s primary source for finding seller financing. How to approach sellers and negotiate the best deal. Two things more important than “selling price” in a deal. Speculating in real estate: is it ever okay? Leon’s view on the future of inflation in the US. The first step for new investors. Why now is the best time to invest in real estate. Links from the Show How to Buy a Small MultiFamily Property: A Step by Step Case Study  Using BiggerPockets to Grow Your Business – Free eBook What is Your Real Estate Lifestyle? (Post by Leon Yang) BP Podcast 006: Investing While Holding a Full Time Job with Arthur Garcia How to Invest in Real Estate when Everything is Too Expensive The BiggerPockets Blog The BiggerPockets Forums Books Mentioned in the Show: Rich Dad Poor Dad by Robert Kiyosaki The Total Money Makeover by Dave Ramsey The Ultimate Beginner’s Guide to Real Estate Investing by BiggerPockets Investment Biker: Around the World with Jim Rogers Tweetable Topics “Seller financing is about relationships and trust. Build that before negotiating.” (Tweet This!) “Inflation is a borrower’s friend.” (Tweet This!) “To be successful, you have to get a good financial education.” (Tweet This!) “Strike a good balance between real estate and the rest of your life.” (Tweet This!) “It’s the experiences in life that make life interesting, not how much money you have.” (Tweet This!) Learn More about Leon Leon’s Blog: HardWorkingPenguin.com Leon’s Facebook Learn more about your ad choices. Visit megaphone.fm/adchoices

Wholesaling real estate is a popular topic on BiggerPockets and often one of the first strategies used by newbies to build cash reserves. However, wholesaling is a business that requires certain systems, strategies time, and sometimes even cash to prosper at. In today’s episode of the BiggerPockets Podcast, we talk with expert wholesaler and marketing whiz Sharon Vornholt about some of those strategies and techniques that she uses to make an income as a full time wholesaler. Read the transcript for Episode 12 with Sharon Vornholt here In Today’s Wholesaling Podcast, We Cover: An easy, cheap (free!) way to find more cash buyers than you can handle. The first step for wholesalers Sharon’s primary source of leads for motivated sellers The step-by-step process for making money as a wholesaler Double-closings vs. an assignment: Which is best? How Sharon closes deals with no money whatsoever Typical response rates from direct mail campaigns Why “pain” is a great thing to discover… Awesome strategies for negotiating with sellers The mistake Sharon made when starting out… and how you can avoid it. What the key to success really is. Links From the Wholesaling Show: Wholesaling Articles on the BiggerPockets Blog: What Is A Double Closing? A Real Estate Wholesaling How To Exit Strategies For Wholesalers. What Is A Double Closing? How to Start Wholesaling: Getting Past The Education and Into the Field Don’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper 9 Reasons You Couldn’t Find A Buyer For Your Wholesale Deal BiggerPockets Podcast 11: Flipping Houses 101 with J Scott ListSource.com – (Motivated Sell Lists for Direct Mail Campaigns) Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Success Principles by Jack Canfield Tweetable Topics: “Wholesaling is about relationships.” (Click to Tweet!) “When negotiating, learn to adjust the other person’s expectations” (Click to Tweet!) “Learning how to buy property for the right price is the difference between success and failure.” (Click to Tweet!) “It’s all about marketing. You have to have leads in order to get deals.” (Click to Tweet!) “Anyone who claims to know everything about anything is full of crap.” (Click to Tweet!) Thank You! Thank you again to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! We’re up to 166 5-Star Reviews so far with over 89,000 downloads! Every subscription in iTunes and every review helps us reach more people – so thank you! About Sharon Sharon Vornholt is a professional real estate wholesaler who began investing in real estate in the Louisville, KY area in 1998. While she has done both rehabbing and buy and hold investing, her primary area of focus now is wholesaling. Sharon is a regular contributor on the BiggerPockets blog and an avid blogger on her own site, LouisvilleGalsRealEstateBlog.com. Sharon’s BiggerPockets Profile Sharon’s BiggerPockets Blog Articles Sharon’s Facebook Page Learn more about your ad choices. Visit megaphone.fm/adchoices

Getting started with real estate investing can seem overwhelming, but on today’s episode of The BiggerPockets Podcast, we are going to walk you through the entire broad overview of how people actually make money in the real estate investing field – and how you can do the same. In this unique episode, Josh and Brandon will walk you through the steps to take before getting started, choosing your strategy, ideas for finding properties, tips for getting financing in order and much, much more. Grab a pen and paper and get ready to take notes – this episode is jam packed with over an hour of directly actionable and educational information. Read the transcript of Episode 11 with Josh and Brandon here. In Today’s Flipping Podcast, We Cover: The first “personal” decision you need to make before investing. Working full-time vs. part time in real estate investing. Josh Dorkin’s real thoughts on “gurus.” Investing when you are broke. Six steps to overcoming analysis paralysis Ten unique niches and three solid strategies you can invest in real estate with. Brandon’s favorite “team member” that helped cut 90% of his work out To partner or not to partner? Pros and Cons 13 ways to finance your real estate investments Links from the Show Ultimate Beginner’s Guide to Real Estate Investing BP Podcast 006: Investing While Holding a Full Time Job with Arthur Garcia The BiggerPockets Blog The BiggerPockets Forums BP 004: Commercial Real Estate Investing With Frank Gallinelli BP 009: Using Hard Money Lenders to Grow Your Business with Ann Bellamy Lease Options (Aka Lease Purchase AKA Rent-to-Own Homes) Books Mentioned in the Show Getting Things Done by David Allen The Book on Flipping Houses by J Scott The Book on Estimating Rehab Costs by J Scott Rich Dad Poor Dad by Robert Kiyosaki Four Hour Workweek by Tim Ferriss Tweetable Topics: “You don’t need to make real estate your career in order to build wealth in real estate.” (Tweet This!) “There has to be money involved when investing in real estate… but it doesn’t need to be yours.” (Tweet This!) “Real estate takes time, planning, and patience.” (Tweet This!) “People like to fall down… and people like to sue. Get good insurance.” (Tweet This!) “You’re not a complete puzzle – there are pieces you are missing. Find those pieces.” (Tweet This!) “A friendship founded on business is a good deal better than a business founded on friendship.” -John D. Rockefeller (Tweet This!) Learn more about your ad choices. Visit megaphone.fm/adchoices

House flipping is one of the most popular methods of investing in real estate. However, it’s sometimes difficult to know exactly how to get started, as there are thousands of blog posts, articles, forum posts, and more about the topic. In today’s Podcast, we talk with one of the best in the business, J Scott, about how he got started flipping houses and how you can follow the same strategies to build your own real estate investing business. Read the transcript of Episode 10 with J. Scott here. In Today’s Flipping Podcast, We Cover: How a TV show got J started with flipping How J made every mistake possible on his first flip…but still made money Tips For Working with a wholesaler and tips for wholesalers to work with flippers Multiple exit strategies for flippers What the “sweet spot” is in terms of profit The “flip formula” and how to use it to estimate your profit. How to determine the “after repair value” of your property. Why you should get your real estate license. Why having a construction background might not be great when flipping. How J’s got his days-on-market down to a 17 day average. Tips for finding a great project manager. How to find private lenders to fund your deals. Automating you flipping business to flip while holding a full time job Links From the Flipping 101 Show: J’s Blog: 123Flip.com The New Member Introduction Forum How to Subscribe to a Forum Category [Video] BiggerPockets Forums BP Podcast 001: Building a Successful House Flipping Business and Losing Millions with Marty Boardman Ultimate Beginner’s Guide to Real Estate Investing The Book on Flipping Houses and The Book on Estimating Rehab Costs Michael Quarles and K Marie Poe Books Mentioned in the Show The Complete Guide to Real Estate Finance for Investors by Steve Burges The Four Hour Workweek by Tim Ferriss Tweetable Topics: “You gotta be conservative in your numbers, so your ‘beginner mistakes’ will be covered.” (Tweet This!) “Always have 2, 3, or 4 exit strategies as a backup on your house flips.”(Tweet This!) “What you did yesterday may not work tomorrow – you need to be flexible in your business.” (Tweet This!) “Pricing a property right is key.” (Tweet This!) “You don’t raise money if you don’t ask. It’s not rocket science – it’s just hard work.” (Tweet This!) “It takes work and a lot of up-front preparation – but business automation is possible.” (Tweet This!) “Putting together a plan on paper will help you figure out where your gaps in knowledge are.” (Tweet This!) “Real estate investing education shouldn’t cost as much as a college education.” (Tweet This!) “Those who do best in this industry are those who work ON their business, not IN their business.” (Tweet This!) About J J Scott runs Lish Properties LLC, a real estate investment company in the west suburbs of Atlanta, GA that specializes in purchasing, rehabbing and reselling REO properties. Along with his wife, J purchases and renovates about 15-20 houses per year. In addition, they consult to other investors, manage rehabs for other investors, and stage/list/market properties for the investors they work with. J’s BiggerPockets Profile J’s Facebook Page Learn more about your ad choices. Visit megaphone.fm/adchoices

Hard Money Lending is a fundamental tool for many real estate investors, but is often misunderstood and difficult to find. So today on the BiggerPockets Podcast, we sit down with hard money lender Ann Bellamy to discuss how to find and successfully use hard money to build and grow your real estate investing business. This show has an immense amount of solid, actionable content that you can use immediately, so definitely take the time to listen! Before we get to the show, thank you again to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! We’re up to 129 5-Star Reviews so far! Every subscription in iTunes and every review helps us reach more people – so thank you! In Today’s Hard Money Podcast, We Cover: What hard money is, when to use it, and when NOT to use it. Why Rehab properties in rural areas is a bad idea… Exit strategies and the new Real Estate Mini Bubble. Typical hard money rates and fees – and how you can lower them. Ann’s (and Brandon’s) first mistakes with Hard Money. The best place to find Hard Money Lenders (hint: try here) How to get your hard money loan proposals accepted every time. Which comes first: finding the hard money lender or the deal? Starting a local ethical real estate club to build your brand. How to become a Hard Money Lender. And much, much more! Links From the Hard Money Show: The Ultimate Beginner’s Guide to Real Estate Investing BiggerPockets Forum Keyword Alerts The BiggerPockets Hard Money Directory Ann’s Company Website: BuyNowHardMoney.com Ann’s Real Estate Club: Black Diamond Real Estate Investors Books Mentioned in the Show Real Estate Investments and How to Make Them my Milt Tanzer The Four Hour Workweek by Tim Ferriss Tweetable Topics: “The first and most important exit strategy is having one.” (Tweet This!) “Hard money is not a mafia guy with a baseball bat – it’s a tool for growing your business.” (Tweet This!) “If hard money makes a deal unprofitable – you shouldn’t be doing the deal.” (Tweet This!) “Don’t misrepresent yourself. It’s okay to be new at something… just say so!” (Tweet This!) “In this day and age – you need to be able to communicate electronically.” (Tweet This!) “Both persistence and the ability to adapt are required for success.” (Tweet This) About Ann Ann Bellamy is a real estate investor and Hard Money Lender in Southern New Hampshire, and has been involved in the leadership of several real estate investing groups in Massachusetts and New Hampshire. She provides short term and construction funding, or hard money loans, to real estate investors in these states and networks extensively in MA and NH with investors of all types. Ann’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Being a Landlord can often be challenging, expensive, and stressful. So, today on the BiggerPockets Podcast we are speaking with Al Williamson, an active BiggerPockets member and inner-city landlord who has decades of experience dealing with tenants in both multifamily and single family rentals. Al is a pro at reducing expenses, increasing income, and dealing with difficult landlording situations – which is why we wanted to sit down with Al today. Before we get to the show, thank you again to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! We’re up to 117 5-Star Reviews so far! Every subscription in iTunes and every review helps us reach more people – so thank you! Read the transcript of episode 08 with Al Williamson here. In Today’s Podcast, We Cover: How Al used a 1031-Exchange to “Trade-Up” to a larger property. Tips for living in a small multifamily and living with tenants. How to avoid being a slumlord in rough areas. Why simply picking up trash can transform your investing. The power of “Patient Equity.” Al’s goal of Not being dependent on the tenants’ rent to pay the bills. Ideas for both increasing income and cutting expenses. Al’s plan to revolutionize income for multifamily properties. How Al used a very small syndication to buy a rental property The biggest challenges for an up-and-coming landlord. What the “Landlord Lid” is – and how to overcome it. How to Invest in Real Estate when you have a full time job AND a busy family life at home Links From the Show: [Video] How I Quickly Analyze an Investment Property The BiggerPockets Blog The BiggerPockets Forum Al’s BiggerPockets Member Blog 1031-Exchange Resources KickStarter.com BP Podcast Show 3 with Brian Burke The National Night Out Insanity P90X Books Mentioned in the Show Rich Dad Poor Dad The 36 Hour Real Estate Investing Course John Maxwell Al’s Book The Catalytic Landlord – on Kindle Serious Creativity by Edward De Bono Tweetable Topics: “Landlord tip for improving the neighborhood: Go and meet the neighbors!” (Tweet This!) “Often times things go unresolved because no one is operating as a leader. Are you?” (Tweet This!) “Spend time getting really good with your first investment before branching out.” (Tweet This!) “Sometimes you have to pay your ‘learning tuition’ and lose money when you take risks.” (Tweet This!) “Your real estate investment should be a physical representation of you.” (Tweet This!) “Why are you building wealth? The most successful leaders KNOW this answer.” (Tweet This!) About Al AL Williamson is Civil Engineer and landlord from the Sacramento, California area. Al has invested in real estate since 1996, focusing mostly on multifamily properties in urban areas. Al’s BiggerPockets Profile Al’s G+ and Facebook Al’s Blog: LeadingLandlord.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the BiggerPockets Podcast we sit down with Ryan Lundquist, a professional real estate appraiser in the Sacramento area. An appraiser is one of the most important professionals that you, as an investor, are likely to deal with over and over in your business. Furthermore, knowing how to deal with an appraisal, especially when it comes in too low, is a skill that can help any investor. Keeping with the “actionable content” approach that BiggerPockets is known for, this podcast will help you improve your investing by pulling back the curtain on the appraisal industry through our discussion with Ryan. Thank you to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! Every subscription and every review helps us reach more people – so thank you! In Today’s Podcast, We Cover: How you can determine what a property is worth. When you should, and shouldn’t, use Zillow or other AVMs. How to challenge a bad appraisal. What to do when sales prices are higher than the appraiser will go. Dealing with the Hedge Funds in the market. Tips for getting your appraisal amounts higher by bringing your own comps. Dealing with FHA loans in your investments … and the dreaded FHA Appraisals. The most common property condition problems an appraiser is going to ping you on. How to deal with lead based paint in your investments. Links From the Show: Ryan’s Recent BiggerPockets Blog post: How to Challenge a Low Appraisal BP Podcast 004: Commercial Real Estate Investing With Frank Gallinelli How Legos Can Help us Understand Real Estate What Legos Can Teach us About Real Estate Part II Appraisal Woes – BiggerPockets Forum Discussion The BiggerPockets FHA Home Inspection Checklist FHA Lead In Your Home: A Parents Reference Guide Tweetable Topics: “The first step in discovering your property value is defining your location.” (Tweet This!) “Why not be proactive instead of reactive?” (Tweet This!) “In business, go in as a bridge builder, not a name caller.” (Tweet This!) “Investors: Get to know an appraiser – take them out to lunch, build that relationship.” (Tweet This!) “Understand your market at the same level that your appraiser does.” (Tweet This!) About Ryan Ryan Lundquist is a certified residential real estate appraiser based in Sacramento, CA. He provides appraisals and valuation consulting for a variety of clients including CPAs, attorneys, investors, home owners and lenders. Ryan is an avid blogger, bike rider, optimistic doer and family man with two sons. Ryan’s BiggerPockets Profile Ryan’s Company Website: SacramentoAppraisalBlog.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing in real estate while holding a full time job may not always get the most discussion in the real estate investing world – but there are thousands (if not millions) of investors who do just that. On today’s episode of the BiggerPockets Podcast, we sit down with Arthur Garcia, a busy part-time investor who has massed an impressive collection of rental properties while holding a full time job. This show is filled with a ton of really great tips to help any investor – large or small – be more efficient with their investing time. In addition – this was probably the most humorous show to date! Before we jump into it – we want to once again thank everyone for subscribing to our show in iTunes and leaving us a review. We are up to 99 Five Star reviews and over 25,000 downloads! Thank you to everyone! Read the transcript of Episode 6 with Arthur Garcia here. In Today’s Podcast, We Cover: How to invest when prices are too high in your area. How to get started with “buy and hold” investing when you don’t have much money or time. How to use use “cost to rebuild” to predict the future of your market. Why Arthur and his wife sold their primary residence to live in an apartment while buying rental property. The “super creative way” to find flexible lenders. How to find “Portfolio loans.” A great way to legally get around the “10 loan” limit for mortgages. Why investing while holding a job gives you an advantage. Tips for finding a great property manager. The story of a topless 90 year old woman that finally convinced Arthur to hire a property manager. Tweetable Topics: “You can’t save your way to serious wealth in retirement.” Tweet This Quote! “That first rental check fueled my addiction for real estate investing.” Tweet This Quote “Do everything you can to take advantage of the downturn in the market” Tweet This Quote! “You gotta draw a line in the sand and place your bet on where you think the market is going to go.” Tweet This Quote! “To invest in real estate while holding a full time job – you need to find ways to build systems.” Tweet This Quote “What makes the top performers stand out? The Art of the Side Hustle” Tweet This Quote! Links from the Show: BiggerPockets Summit – Conference 2012 Steve Landis Michael Zuber P90X Insanity Books Mentioned in the Show: The BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing The E-Myth by Michael Gerber Rich Dad Poor Dad by Robert Kiyosaki How I Turned $1,000 into Three Million in Real Estate in My Spare Time – by William T Nickerson How to Win at the Sport of Business by Mark Cuban About Arthur Garcia Arthur Garcia is a buy and hold investor in Southern California who is buying up dozens of homes while working a full time job. Arthur acquires properties using a combination of hard money, HELOCs, partnerships and private investors. You can find out more about Arthur at: Arthur’s BiggerPockets Profile Arthur’s Blog – The Buy and Hold Guys.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Planning for death is not a topic a lot of people want to talk about. However, the discussion shouldn’t be avoided because it’s important that we prepare for the sake of our spouses, our children, our relatives, and our close friends. Today on the BiggerPockets Podcast we are talking with Neal Frankle, a Certified Financial Planner with unique insight into the financial side of death. This fascinating discussion will help you look at your death (and near-death) in a different way and give you the tools you need to move forward with the planning of your finances. This interview, like all of our BiggerPockets Podcasts, is full of real-world, actionable content without all the hype. As of today, we are up to 85 Five Star Reviews for the show! If you haven’t yet left us a review and want to help us build our audience, please click here to leave a review in your iTunes player. It also helps us out when you “subscribe” to the podcast in either your iTunes player or on your iPhone. Read the transcript of Episode 5 with Neal Frankle here. In This Week’s Podcast We’ll Explore: How Neal lost both parents before 18 years old and how that experience helped make him smarter financially. A unique technique for helping your spouse carry on your business after you die. How to plan for the sale of your business or your properties after you bite the dust. The benefit of real estate over retail businesses for succession planning. Why a trust is a terrific tool for every real estate investor. What a “Probate” is and how to avoid it with your future estate. Why you DON’T want a typical “Will” – and the one type of will you do need. The true purpose of life insurance… and which one is “evil.” How much insurance you really need. The best advice for investors looking to take control of their financial future. Links from the Show Neal’s Website: WealthPilgrim.com Neal’s BiggerPockets Profile Probate – A Primer on Probate Tweetable Topics “When it comes to your personal finances — put your big boy pants on, grow up, and do what’s required.” Tweet This! “Most people don’t “get” that one day – they are going to be gone.” Tweet This! “If you can make your business run without you, it becomes becomes all the more powerful and profitable.” Tweet This! “Everyone dies prematurely.” Tweet This! “The two types of life insurance: good and evil.” Tweet This! “Always have a mentor or accountability partner to bounce ideas off of.” Tweet This! “There is no such thing as impossible – just ‘I don’t wanna do it.'” Tweet This! Books Mentioned in the Podcast Money Academy for Couples by Neal Frankle The Total Money Makeover by Dave Ramsey E-Myth by Michael Gerber About Neal Neal Frankle is a Certified Financial Planner in Los Angeles with over 25 years experience. Neal teaches others how to plan for their financial future at WealthPilgrim.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most real estate investors do a few deals a year if they’re lucky. But today’s guest was doing twenty to thirty real estate deals a MONTH. That’s right—not per YEAR, per MONTH. And he did it all while scaling his real estate business at lightning speed. The best part? He didn’t have to use his own money to get there—his deals were being funded completely by private partners, and if you stick around, you’ll know exactly how to do it, too! After closely observing investors while he was a real estate agent, Don’nell Greer got the hang of finding and tackling profitable real estate deals. After much analysis paralysis, he got his first deal under contract—an $80,000 home that needed some heavy sweat equity to make it profitable. With high rents and low home prices, Don’nell knew the deal would work, but he needed more money. Through a family loan, Don’nell realized the power of private money, and once he saw the possibilities, there was no turning back. Fast forward soon after, and Don’nell was borrowing hundreds of thousands of dollars from millionaire investors he met through his network. Thanks to the new source of funding, Don’nell was able to flip dozens of houses a month, making a life-changing business in the process. But it wasn’t all good news. Partnership problems, rising interest rates, and changing market dynamics forced Don’nell to make a hard pivot—a pivot you may have to make in the future! In This Episode We Cover: How to get past analysis paralysis and get your first real estate deal in the bag How to use private money to fund your real estate deals when you’re low on cash Flipping twenty-thirty houses a MONTH by scaling your real estate business  Taking a chance on tenants and why most landlords say “no” to some of the best renters  How Don’nell corrected course when rising interest rates put his flipping business at risk The power of coaching and mentorships and why you need a strong real estate community to succeed  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Hear Dave and Henry On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Find Your Next Home Insurance Contact Don’nell Greer Made $70,000 on the First Property. Now He’s 200 Flips Into His Career—Here’s How He Did It Connect with Don'nell: Don'nell's BiggerPockets Don'nell's Facebook Don'nell's Instagram Don'nell's LinkedIn Don'nell's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-913 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

Commercial real estate is a powerful way to build and sustain wealth – yet is often feared or misunderstood by real estate investors. Luckily, on today’s podcast, we are excited to have a man who’s professional life is dedicated to teaching investors the ins and outs of commercial real estate investing, Frank Gallinelli. Frank is a best selling author, business owner, and real estate professor who definitely knows his stuff. This interview contains some powerful key metrics, data, and tools you’ll need if you ever plan on investing in anything more than a single family home. This interview, like all of our BiggerPockets Podcasts, is full of real-world, actionable content without all the hype. In This Week’s Podcast We’ll Explore: Why investors shouldn’t necessarily start with residential. When “Location, Location, Location” isn’t the most important. How to use “cap rates” with commercial properties. What a Triple Net Lease is and why it matters. How to use partners to finance investment properties. Lowering your tax assessment by challenging an assessor. Why chasing the “hot market” isn’t the way to build wealth. Why every commercial property is for sale Links from the Show RealData.com Frank’s LinkedIn Account Frank’s BiggerPockets Profile RealData.com BiggerPockets Company Profile BiggerPockets Summit Definitions: Equity Partner Cap Rate Net Operating Income Triple Net Lease Tweetable Topics “When choosing your real estate path, there’s not a “right” answer – but a “best answer” for each person” Tweet This! “You don’t buy an income property cause it’s pretty; you buy it because it makes money.” Tweet This! “There are no absolutes in anything – especially real estate.” Tweet This! “As a real estate investor, become an expert in your local area.” Tweet This! “Know the vocabulary of your business.” Tweet This! “There is no substitute for Due Diligence.” Tweet This! Books Mentioned in the Podcast The Big Short: Inside the Doomsday Machine by Michael Lewis Mastering Real Estate Investment: Examples, Metrics And Case Studies by Frank Gallinelli What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank Gallinelli Insider Secrets to Financing Your Real Estate Investments: What Every Real Estate Investor Needs to Know About Finding and Financing Your Next Deal by Frank Gallinelli 10 Commandments for Real Estate Investors by Frank Gallinelli – Download It Free! About Frank Frank Gallinelli is a best selling author and the President of RealData Inc, a software firm serving real estate investors and developers since 1982. Frank’s company is designed to help income-property investors analyze investment properties, structure partnerships, and produce presentations to buyers, sellers, lenders and equity partners. Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s show we talk with Brian Burke, a house flipper and real estate investor from Northern California with a fantastic story and fascinating business model. Two days ago, Brian wrote a wildly popular article on the BiggerPockets Blog titled, “Anatomy of the Grand Slam: How I Made $800,000 on One Flip” where he talked about flipping a large apartment complex using a combination of hard money and private capital he raised. In today’s Podcast, we’re going to look more in-depth at how Brian got started, the strategies he uses to flip over 100 houses per year, and how you can use the same techniques that he does to raise money for your next real estate deal. Last week, the BiggerPockets Podcast reached #6 on the Top Business Podcasts in all of iTunes. This is an enormous honor and we want to just take a minute to thank everyone who has taken time to listen on iTunes or leave a review. As of today, we are up to 49 Five Star Reviews. If you haven’t yet left us a review and want to help us out, please click here to leave a review in your iTunes player. Read the transcript for Episode 3 with Brian Burke here. In This Week’s Podcast We’ll Explore: How Brian started with no money, no experience, and without rich friends How losing money on early deals helped grow Brian’s business Investing in real estate when you look 15 years old. Why dealing with sellers is Brian’s least favorite strategy for real estate investing Brian, Brandon, and Josh’s differing opinions on using credit cards to finance real estate Why raising private capital is one of the most important jobs for an investor Three tips for raising private capital Why Richard Branson gets in a hot air balloon and sails around the world. How Brian funds dozens of real estate flips per month Using property managers to get you inside information The one piece of advice new investors can’t survive without. Using partners to invest in real estate Links from the Show Reg D Offering I.R.R. (Internal Rate of Return) The Anatomy of the Grand Slam Flip The BiggerPockets Radio Podcast 001 – Building a Successful House Flipping Business and Losing Millions with Marty Boardman BiggerPockets Facebook Page Tweetable Topics “If you don’t screw up – you don’t learn.”(Tweet This!) “They won’t say yes if you don’t ask.”(Tweet This!) “Sometimes failure is your biggest boost.”(Tweet This!) “Whether it’s Harvard, Yale, or on the streets of real estate school – every lesson costs you money.”(Tweet This!) “Sell yourself… the more track records your build, the easier you can raise capital.”(Tweet This!) “If you want to change your situation, change your vocabulary.”(Tweet This!) “A lot of this business is sounding like you’re smart – but you’ve gotta back it up.”(Tweet This!) “If you don’t love your work – you’ll never make it to the next level.”(Tweet This!) Books Mentioned in the Podcast Rich Dad Poor Dad Real Leaders Don’t Do PowerPoint David Lindahl Books Art of the Deal – Donald Trump Art of the Comeback – Donald Trump Think and Grow Rich – Napoleon Hill About Brian Brian Burke is co-founder and Managing Director of Praxis Capital, LLC, a real estate private equity investment firm created to provide high rates of return to his investors while tactically managing risk. He has been a real estate entrepreneur since 1989, and has purchased over 500 properties valued at over $150 million, primarily from foreclosure. Brian’s BiggerPockets Profile Brian’s Company Website: Praxcap.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we’ve got another great new BiggerPockets Podcast interview to bring to you, packed full of actionable tidbits and great conversation. Each week, we will be bringing you incredible real estate investing tips, training, and interviews with actual investors who are in the field, and who are making it happen. You can listen to the show online (below), download it later, listen on your smartphone, or via iTunes — all for free. On today’s show we talked with Karen Rittenhouse from KarensPerspective.com – an active real estate investor, author, trainer, and all-around great gal. Karen’s started investing in 2005 and has acquired well over 150 properties during her investing career. On this podcast, she shares with us exactly how she did it, and how you can use the same strategies to begin (or improve) your investing career. Read the transcript for Episode 2 with Karen Rittenhouse here. In This Week’s Podcast, We’ll Explore Why rentals are just like little oil wells – and how to get started owning them. How Karen bought over 150 properties, most without ever getting a mortgage. Dealing with sexism in the real estate field. Using the “subject-to” strategy to invest with no (or low) money down. How Karen made $9200 when purchasing her first project – with no money down. The two most important steps to avoid making mistakes. Karen’s technique to find motivated sellers and how to get deals from non-motivated sellers. Why Karen is changing her strategy to adapt for the future… should you? The most important first step for new investors. Karen’s fear when beginning – and the phone call that made her think she was going to jail. Links from the Show: Karen’s Profile on BiggerPockets www.KarensPerspective.com Karen’s Favorite Direct Mail Company: PostcardMania Books Mentioned in the Podcast “Essential Handbook for Buying a Home” by Karen “Essential Handbook for Selling a Home” by Karen “Essential Handbook for Landlords” by Karen “The E-Myth” by Michael E. Gerber “Secrets of the Millionaire Mind” by T. Harv Eker Tweetable Topics: “I don’t mind there’s a 1% in this country – I just want to get there” Click to Tweet! “Real estate investing works no matter where we are or what we’re doing. The checks still come in.” Click to Tweet “Rental properties are like “little oil wells” – no matter where I am – they keep pumping.” Click to Tweet “When talking with motivated sellers – don’t go in to close a deal. Go in to solve problems.” Click to Tweet “Without a good plan – it’s easy to quickly jump to the next shiny object.” Click to Tweet “You’re not going to get rich quick. It takes time – but the rewards you’ll reap long term are huge.” Click to Tweet “You never forget your first… (real estate deal!)” Click to Tweet “When it comes to marketing – everything works – just do something.” Click to Tweet “You’ve got to think bigger than a 40 hour work employee” Click to Tweet “We’re in the business of helping people – and we get paid for it. It doesn’t get better than that.” Click to Tweet “There’s never been a better time to be in real estate” Click to Tweet Karen Rittenhouse, along with her husband Jim have 11 employees, a real estate investing business, a full service real estate agency, a property management company, a coaching and training business, a lending company, and Karen has written 3 books on real estate. Connect on Twitter: @KSPerspective KarensPerspective.com Karen’s Profile on BiggerPockets Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we’re excited to announce the launch of the brand new BiggerPockets Radio Podcast. Each week, we will be bringing you incredible real estate investing tips, training, and interviews with actual investors who are in the field, making it happen. You can listen online (below), download it to listen later, on your smartphone, or via iTunes: all for free. Last week, Marty Boardman wrote a killer post for the BiggerPockets blog called “How to Lose a Million Dollars in Real Estate: A Step by Step Guide” which was an instant hit among BiggerPockets readers. We knew that Marty would make a great first guest on the new show. Read the transcript of Episode 1 with Marty Boardman here. In This Week’s Podcast, We’ll Explore How Marty Lost over $8,000,000 in the Real Estate Crash The Best Advice Marty Ever Received about Real Estate Investing How to Find Local Mentors to Teach, Train, and Bring You Under Their Wings How to Quit Your Job and Become a Full Time Real Estate Investor Using The Four Flipping Boxes to Flip Houses How to Raise Private Money for Your Real Estate Investing Deals Why Wholesalers Do Not Need a Buyer’s List – and What They Do Need The Four “Must Haves” in a Real Estate Partnership How Marty Got a Book Deal for a new House Flipping Book Marty’s Favorite Real Estate Investing Book Links from the Show: Marty’s BiggerPockets’ Profile FlippingPhoenixHouses.com 2012 BiggerPockets Summit Conference Audio – 25 Hours of Training – $125.00 How to Lose A Million Dollars in Real Estate: A Step by Step Guide BiggerPockets Forums Marty’s Partner J Scott’s BiggerPockets Profile Marty’s Partner Manny Romero’s BiggerPockets Profile Books Mentioned in the Podcast Fixing and Flipping Real Estate: Strategies for the Post-Boom Era Rich Dad Poor Dad Rich Dad’s Cashflow Quadrant The E-Myth Revisited The Intelligent Investor – by Benjamin Graham The Snowball: Warrent Buffet and the Business of Life Tweetable Topics: Quit wasting time and money having gurus teach you real estate investing. Find someone local, add value to them, and learn. Tweet This I’ll work with anyone – but they gotta do 1 of 2 things: bring me money, or bring me deals.Tweet This Investing in real estate is hard work – but it’s rewarding. Tweet This Think about your financial goals – and then work backward to figure out what to do now. Tweet This Creating a brand for yourself is vitally important for a fix-and-flip investor.Tweet This You have to have a good track record to raise capital. Tweet This Find a good deal – and the money will come. Tweet This Marty is the Chief Financial Officer for Rising Sun Capital Group, LLC, a real estate investment firm based in Gilbert, AZ. His firm purchases homes at the courthouse steps and public REO auctions. They have two exit strategies, either fix and flip or seller financing. Connect with Marty on his Blog, FlippingPhoenixHouses.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to double your real estate portfolio and bring in much more cash flow? What about using some of your untapped home equity to invest? Today, we’re showing you how to do just that on this episode of Seeing Greene, where we get into real estate partnerships, paying off rental properties, using home equity to invest, and the not-so-secret repeatable thirteen-percent return real estate investment.  Green means go, so we’re flooring it in this episode as David Greene and expert guest James Dainard bring some high-level investing tactics you can use to build wealth even faster. First, we get a question from Real Estate Rookie guest Matt Marcelissen, wondering how he can double his real estate portfolio by harnessing the power of partnerships. David and James give some rare advice on why you SHOULDN’T split things 50/50. Next, an investor wants to know if his low ROE (return on equity) rental is worth paying off. Then, what to do when you have home equity but can’t sell the house? And finally, James’ thirteen-percent return investment he’s using to pay for his kids’ college!  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 jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: How to double your cash flow by using real estate partnerships the RIGHT way  Why splitting returns on your partnership 50/50 is NOT the way to go  Whether or not to pay off a rental property to boost your cash flow How to invest with home equity when you can’t sell a property  Why David looks for this type of housing market “potential” when buying properties Hard money investments that can make you double-digit returns  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Hear James On The “On the Market” Podcast Past Episodes Mentioned on Today’s Show: Dion Mcneeley (Real Estate) Dion McNeeley (Rookie) Matt Marcelissen Seeing Greene 897 Connect with Matt Matt's BiggerPockets Profile Matt's Instagram Connect with James James' BiggerPockets Profile James' Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-912 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to turn your rental property into a cash-flowing machine? What about boosting your property’s equity by tens or hundreds of thousands? The “value-add” strategy can do all this and more, but you’ll need to know the right moves to make. Top real estate investors have been using value-add on their rental property portfolios for decades, turning lackluster rentals into financial freedom-producing properties, and you can do the same IF you know how to spot value-add opportunities. So, today, we’re showing YOU how to make MORE cash flow and explode your home equity by tweaking your rental properties in the right ways. Both David and Rob have done this numerous times across multiple properties. In fact, David even shares a real-life example of how he increased the cash flow on one of his rental properties by over $10,000/month thanks to an interesting strategy most rookie real estate investors would completely overlook. Not only that, Rob was able to turn his first Southern California home into a multifamily rental that hosts long, medium, and short-term tenants, and rakes in massive cash flow almost a decade after purchasing it. Whether you’ve got small, big, long, medium, or short-term rentals, you can use value-add to create more passive income and bigger equity gains. Stick around as we give away our secrets on the best value-add moves to make.  In This Episode We Cover: How to use the “value-add” investing strategy to make MASSIVE cash flow on any property  The two most common ways to add value to your rental property portfolio The value-add improvements to spot BEFORE you buy another rental property (most people miss this) Additions, ADUs, and other ways to add more doors to your rental property  Boosting your cash flow by converting your long-term rentals into short and medium-term rentals  What you MUST do BEFORE you start adding on to your rental property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Learn The Original Value-Add Strategy with The BRRRR Book The Renovations That’ll Instantly Increase Your Home Value, Part 1 The Renovations That’ll Instantly Increase Your Home Value, Part 2 How to Do Value-Add Renovations Without Disrupting Tenants Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-911 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

Did you know that a certain shade of paint can help you sell your home for more? Or that one type of countertop could cause buyers to get into a bidding war over your house? What about the one inexpensive outdoor improvement that families LOVE to see when touring homes? Today, we brought on Zillow’s Home Trends Expert, Amanda Pendleton, to share all the secrets to help you sell your home faster and for more! Amanda’s team at Zillow takes design data to a whole new level. They know which paint colors prospective buyers want to see, the type of pictures you MUST have on your listing, and the cheap upgrades any homeowner can make to get even more bids on their home. In this episode, she’s sharing much of what her team has learned so you can not only sell for more but also learn the tricks sellers are using when you go to buy your next home. First, Amanda updates us on housing inventory and outlines today’s “typical buyer.” Then we ask, “Is now the right time to sell?” Plus, we’ll get Amanda’s top tweaks to make to your home so you can sell for more. But it’s not just eye-catching upgrades we’re talking about. Amanda also shares the home renovations with the lowest ROI (return on investment) and the one pricey upgrade that is RARELY worth the money. In This Episode We Cover: Home renovations that cost less than $5,000 but can BOOST your property value The free home-selling tweaks you can make that will bring in more buyers  The upgrades that will hurt your home when trying to sell and could be a negative investment  2024’s typical buyer, and exactly what they’re looking for when shopping for homes A housing inventory update and why we’re slowly starting to see homes come on the market The one super affordable upgrade anyone can make to their backyard  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Hear Dave and Henry On The “On the Market” Podcast BiggerPockets' Instagram Zillow Data From Today’s Show: Zillow Research Page Best Interior Paint Colors for Selling Your House Connect with Amanda: Amanda's LinkedIn Amanda's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-910 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can’t invest in your own backyard? Out-of-state investing is the way to go! With it, you can invest nationwide, finding more cash flow or appreciation potential than you would in your local area. But managing a rental property portfolio from hundreds, if not thousands of miles away, isn’t always easy. Thankfully, we’ve got two time-tested out-of-state investors with six killer tips to share on making your next long-distance investment as profitable and painless as possible. Whether you’re buying short-term rentals, long-term rentals, or something in between, these tips can help ANYONE find financial freedom faster, deal with fewer tenant headaches, and save a ton on future maintenance bills. The best part? You don’t have to check in on your property every other week to ensure it’s safe and sound, but you will need local help if you’re trying to take your investment to the next level. What exactly do we mean? Stick around; we’re walking through all the top tips you need to know.  Want more tips for out-of-state investing? Pick up David’s book, Long-Distance Real Estate Investing! In This Episode We Cover: The top six expert tips for buying and managing out-of-state investment properties Cash flow vs. appreciation and why you MUST know what you want BEFORE you buy an out-of-state rental The real estate market “fundamentals” that point to a phenomenal investing area  Investing with your end goal in mind so you can quit your job or retire a multimillionaire  Local laws that can DESTROY your investment if you DON’T know about them  The “boots on the ground” team that’ll keep your property in tip-top shape (no matter where you are) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Try the BiggerPockets Rent Estimator Should You Invest Locally or Long Distance? Books Mentioned in the Show Long-Distance Real Estate Investing by David Greene Start with Strategy by Dave Meyer Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-909 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want BIG cash flow numbers? How about $400K/year cash flow? Would that be enough to set you financially free? For Amanda and David Fornelli, this is reality, and it’s all thanks to one very unique rental property investment. And even though these numbers are massive, Amanda and David aren’t that removed from being real estate rookies. Just five years ago, they didn’t own any rental properties and were W2 workers just looking for a way to make some extra income. After finding themselves in a real estate investing program, this power couple began flipping any house they could get their hands on in Southern California. Within three months, David had made twice as much from flips as he did at his day job, so he quit, and the rest is history. Now, they’re full-time investors, still flipping houses, but ALSO running a multimillion-dollar boutique hotel that’s making them hundreds of thousands of dollars a year in profit. In today’s episode, Amanda and David talk about leaving their jobs to flip houses full time, how they slowly realized that short-term rentals beat the short-term profits of house flipping, why they’re still investing in high-priced Sothern California, and the massive cash flow they’re making off their very first commercial real estate investment—a small, but very profitable boutique hotel. In This Episode We Cover: Making $400K/year from an unconventional type of rental property When it’s time to quit your job and become a full-time real estate investor Using the BRRRR strategy to make massive wealth gains WITHOUT investing your own money How to mitigate risk when doing high-priced house flips (especially as a beginner!) Raising private money and how to buy bigger, better real estate deals without using your own cash Short-term rental vs. hotel investing and why you CANNOT treat these as the same assets And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Henry's BiggerPockets Profile Henry's Instagram Hear More From Henry On The “On the Market” Podcast Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram How to Buy a Hotel: Breaking Down Tony’s FIRST Commercial Real Estate Deal Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds w/Amy Mahjoory Stay At Yara Palm Springs - Instagram: @yarapalmsprings Stay At Yara Palm Springs - Website Connect with Amanda & David: Amanda Instagram: @_amandafornelli_ David Instagram: @davidjfornelli Portfolio Instagram: @nopali_properties Nopali Properties - Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-908 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

Where’d all the cash flow go? More than ever, rental property owners are waking up to find less and less mailbox money coming in every month. This is doubly true for those who used low down payments to house hack and turned their properties into full-on rentals. So, what do you do if you have a rental property giving you low, no, or negative cash flow? Should you sell it and swap it for another investment or ride it out, betting on future appreciation gains? We’re giving our thoughts in this Seeing Greene! As always, David and Rob are here to answer your pressing real estate investing questions. But resident yacht tycoon James Dainard also brings his twenty years of investing experience to the show to help this week’s rookie real estate investors. First, our very own Noah Bacon asks what he should do with a negative cash-flowing house hack that has six figures in tax-free equity. Then, we ask a question everyone wants an answer to, “WTF is wrong with investors these days?” If you want to turn your house into a rental property, stick around because two more investors ask whether it’s worth it AND when you can start writing off those lucrative real estate tax deductions. 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 jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Whether to keep or sell a rental property that’s losing money every month Appreciation vs. cash flow and why SO many new investors get this wrong How to minimize your chance of negative cash flow by buying in THESE areas Why some real estate markets appreciate while others rarely see price growth Whether you should turn your primary into a rental property or buy an investment property instead Real estate tax deductions and how long you have to wait to write them off And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram James' BiggerPockets Profile James' Instagram Hear James On The “On the Market” Podcast Ask David Your Real Estate Investing Question Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes w/Matt Bontrager WTF is wrong with investors these days? Connect with Noah: Noah's BiggerPockets Profile Noah's Instagram: @makinbaconrei Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-907 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

For the past 999 episodes of the BiggerPockets Real Estate Podcast, we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013, it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPockets Real Estate Podcast. We’re getting back to the basics, sharing investor strategies that work in today’s market and showcasing the data investors need to know now so they can reach financial freedom faster. Our first guest on this new wealth-building journey is Scott Trench, CEO of BiggerPockets and rental property investor. Today, we ask Scott, “Is financial freedom still possible through real estate, and if so, how do investors achieve it in this housing market?” Scott shares what both beginner and experienced investors must do now to reach financial freedom, who should even be investing in the first place, and the best beginner investment EVERYONE listening to this should be taking full advantage of.  Ready to start building your path to financial freedom today? The BiggerPockets Real Estate Podcast is the best place to be!  We also want to thank David Greene and Rob Abasolo for their massive contributions—David Greene for nearly 7 years as a host and co-host of the podcast, and Rob Abasolo for many of the past 250 episodes. They did a fantastic job building on the foundations poured by our Founder, Josh Dorkin, and Brandon Turner and continued the work of changing millions of lives. While we had hoped that Rob and David would continue to stay on as hosts in this rotational capacity, we completely understand their desire to move on to their next adventures, and wish them success in those endeavors, knowing that they will continue to change many lives with their thought leadership. We wish them the best of luck in their next endeavors. In This Episode We Cover The new BiggerPockets Real Estate Podcast and what we’re changing starting today Whether you can still achieve financial freedom through real estate in 2024 The best beginner strategy to start building wealth, EVEN with little money  Who should begin investing in real estate and whether you have what it takes  The problem with “passive income” and why hands-on rentals beat it  Investing in affordable markets and who should start with out-of-state investing  How you can become a millionaire without having a huge rental portfolio And So Much More! (00:00) Welcome to BiggerPockets 2.0 (06:09) Is Real Estate Still a Good Idea?  (08:58) The Truth About Financial Freedom (17:21) 3 Options for Investors in 2024 (25:37) The Problem with Passive Income  (30:14) Buying in Affordable Markets  (36:58) Become the Millionaire Next Door Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1000 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

Learn how to become a millionaire with real estate EVEN in 2024. You’re trying to make big wealth-building moves this year, but how do you reach seven figures without any real estate experience? Thankfully, you don’t need to be an investing expert or property-picking genius to make a millionaire dollars in real estate—you just need to follow the basic steps almost any real estate millionaire follows. So, how do you get started? We’re going to show you in today’s episode! It should be no surprise that our two hosts, David Greene and Rob Abasolo, are real estate millionaires and have been for years. After grinding away and buying multiple properties, both David and Rob realized, almost accidentally, that they had million-dollar net worths. What they did to get there wasn’t high risk, didn’t take a whole lot of time, and is easily repeatable by any real estate investor EVEN in 2024. So, today, our millionaire hosts will show you exactly what they did to make a million dollars, the easiest ways to get started in real estate today so you can begin building wealth, the strategies anyone can use to make tens if not hundreds of thousands of dollars in equity, and what you can do NOW even if you NO cash to invest.  In This Episode We Cover: How to become a millionaire (even in 2024) through real estate investing  What a millionaire actually is, and why so many people get this calculation wrong  The beginner strategies ANYONE can use to become a millionaire in today’s economy  Whether or not a million dollars is even enough to be considered “wealthy” in 2024 The two most powerful investing levers you can pull to become a millionaire faster How long it will take to make a million dollars, and the FIRST STEP you should focus on  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Start Connecting with Other Investors in The BiggerPockets Forums The Millionaire Formula: 10 Steps to Hit 7-Figure Net Worth Top 10 Tax Advantages of Investing in Real Estate Books Mentioned in this Show: BRRRR by David Greene The House Hacking Strategy by Craig Curelop Pillars of Wealth by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-906 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

On a national level, Fannie Mae is predicting the multifamily market to remain subdued in 2024. Ever since interest rates began to rise, multifamily transactions have slowed considerably. Higher rates made profits fall, and as a result, buying and improving multifamily properties halted. And, with a massive lag in multifamily construction, new units were popping up left and right in already saturated markets, creating a race to the bottom for rent prices as multifamily operators struggled to keep their units occupied. But, the multifamily woes may be close to over. Kim Betancourt, Vice President of Multifamily Economics and Strategic Research at Fannie Mae, joins us to share the findings of a recent multifamily report. Kim knows that there are oversupplied multifamily markets across the country. Cities like Austin have become the poster child for what oversupply can do to home and rent prices. However, Kim argues that this is only a fraction of the overall housing market, and many markets are in need of more multifamily housing. So, if much of America is still struggling with having enough housing supply, shouldn’t rents be on an upward trend? Kim shares her team's findings and rent forecasts, explaining when rents could begin to climb, which multifamily properties will experience the most demand, and why we need MORE multifamily housing, not less. In This Episode We Cover: Fannie Mae’s 2024, 2025, and 2026 rent growth forecast for multifamily A “tale of two markets” and why the “oversupply” narrative isn’t the whole story Property classes and why B/C-class properties are seeing such strong demand The one metric that points to a growing or shrinking multifamily real estate market  Why so many millennials are “stuck” as renters and can’t become homeowners How rising rents could affect multifamily prices and boost valuations across the country And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Want More Up-to-Date Housing Market News? Check Out the “On the Market” Podcast Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why These 10 Markets Are Building the Most Multifamily Housing—How Can Investors Take Advantage? Fannie Mae’s Insights and Reports: All Research January 2024 Multifamily Market Commentary February 2024 Multifamily Market Commentary February 2024 Economic and Housing Forecast Connect with Kim: Kim's LinkedIn Kim's Profile - Fannie Mae Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-905 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