BiggerPockets Real Estate Podcast – Details, episodes & analysis

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