BiggerPockets Daily

Copyright: © Copyright © 2022 BiggerPockets. All Rights Reserved. Disclaimer: The information contained in this podcast is for general informational purposes only. In no event will BiggerPockets be liable for any loss or damage derived from the information provided.

Latest Episodes:

1433 - San Francisco Leaders Approve Measure to Ban Price-Fixing Software To Combat High Rent Prices by Jeff Vasishta Sep 16, 2024

Show notes

The streets of San Francisco may be known for Dirty Harry, movie car chases, and the birth of the hippie movement, but they will no longer be associated with rental price-setting software. That’s because the Golden Gate City is in line to be the first in the U.S. to ban the tech tools allegedly associated with landlord price fixing.

The San Francisco Board of Supervisors unanimously approved an ordinance introduced by its supervisor and mayoral hopeful Aaron Peskin that bans landlords from using specific software and algorithms to set rents. The measure will still need to be approved by the mayor next month before it can be enforced.

Keep reading the article here: https://www.biggerpockets.com/blog/san-francisco-leaders-approve-measure-to-ban-price-fixing-software

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1432 - Avoid Costly Repairs: Don’t Ignore the Red Flags in a Property Inspection by Eric Fernwood Sep 15, 2024

Show notes

You’ve found what appears to be a great property, and you just received the inspection report. It listed many defects, most of which are typical, and the cost to correct them is well-defined. However, a few items are disconcerting because the report listed symptoms rather than specific defects, such as mold, Kitec plumbing, China drywall, aluminum wiring, roof leaks, settlement, etc.

These ill-defined problems are red flags because remediating them is not “fixed.” For example, suppose mold was detected. What would it cost to correct the mold?

Learn more about your ad choices. Visit megaphone.fm/adchoices

1431 - 12 Cities You’ll Regret You Didn’t Invest In 10 Years From Now by Jeff Vasishta Sep 14, 2024

Show notes

Trying to predict the next hot real estate market is like catching an eel with grease on your hands: The moment you think you’ve got a handle on the next hot spot, everyone else has the same idea. Inventory shrinks while prices shoot up, and what once looked good suddenly cools.

However, if you’re prepared to be specific in your search, you can pinpoint the next great investment opportunity for different market segments.

Keep reading the article here: https://www.biggerpockets.com/blog/the-next-wave-of-markets-set-to-boom-in-the-coming-years

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1430 - Maximizing Your Rental Income: ## Tips From My House Hacking Experience by Noah Bacon Sep 13, 2024

Show notes

For first-time and aspiring house hackers, avoiding mistakes early in your investing career is crucial in speeding up your momentum when building your foundation.

Right now, competition is high, and investors are finding themselves in markets where great deals are becoming rare. It could not be a more important time to sharpen your skills, round out your education on your strategy, and learn from those who have made mistakes so you avoid starting your investment journey on the wrong foot.

Keep reading the article here: https://www.biggerpockets.com/blog/tips-from-my-house-hacking-experience

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1429 - Senator Warren’s New Bill Includes Estate Tax Hikes, Private Equity Crackdowns, and Incentives by Jeff Vasishta Sep 12, 2024

Show notes

With the housing crisis being one of the major issues Americans face today, politicians have recently offered various ideas on how to combat it, from President Biden’s rent hike cap to the latest bill from Massachusetts Senator Elizabeth Warren, who has proposed investing $500 billion in an attempt to make housing more affordable over the next decade.

Keep reading the article here: https://www.biggerpockets.com/blog/senator-warrens-new-bill-targets-private-equity-and-looks-to-incentivize-affordable-housing-development

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1428 - Here’s Why Real Estate Investors Are Turning to ATMs For Diversification by CJ McMahon Sep 11, 2024

Show notes

If you’re looking to diversify your investment portfolio in 2024, investing in ATMs should definitely be on your radar.

We all know that economic conditions for real estate investors have gotten tougher in the last few years. Tighter margins, smaller ROIs, and fewer investment opportunities are a reality. Not so in the ATM industry. ATMs are a remarkably resilient, though still often overlooked, source of long-term, steady cash flow, with minimal active involvement, minimal risk, and a ton of opportunities for diversification within the industry.

Keep reading the article here: https://www.biggerpockets.com/blog/why-investors-are-turning-to-atm-investments-for-diversification

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1427 - Airbnb’s Algorithm: How Often Should You Update Your Listing? By Liz Zack Sep 10, 2024

Show notes

When you’re competing for ranking on VRBO or Airbnb, playing by the rules of the algorithm is everything. Take too long to get back to a tenant question, and watch your placement slide.

But how important is it to update your short-term rental’s headline? The truth is, the best intel we have is not directly from the listing sites. Just like with Google ranking, these sites don’t want you to “game” the algorithm by telling you exactly how it works.

Keep reading the article here: https://www.biggerpockets.com/blog/how-often-should-you-update-your-airbnb-listing

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1426 - New York City’s Real Estate Brokerages Could to Be Destroyed By a New Law by Jeff Vasishta Sep 09, 2024

Show notes

The New York real estate industry is fuming. New legislation might force landlords to pay the hefty broker’s fees that tenants have traditionally paid to real estate companies.

Should the law pass, many landlords might skip brokerages to preserve their cash flow. They won’t get much sympathy from tenants, though. With soaring New York rental prices and the city caught in an affordability crisis, renters are struggling to pay the sky-high fees brokers charge—usually 10% to 15% of the annual rent, not including a security deposit and first month’s rent.

Keep reading the article here: https://www.biggerpockets.com/blog/new-nyc-law-would-end-broker-fees

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

1425 - Is California’s ADU Law the Beginning of a New Era in Housing? By Lindsay Frankel Sep 08, 2024

Show notes

On June 11, the city of San Jose became the first municipality to update its zoning code in accordance withCalifornia Assembly Bill 1033, which went into effect at the beginning of the year. The law allows for local ordinances that permit homeowners to sell accessory dwelling units (ADUs) as condominiums, but cities must opt in.

"Keep reading the article here: https://www.biggerpockets.com/blog/is-californias-adu-law-the-beginning-of-a-new-era-in-housing

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com"

Learn more about your ad choices. Visit megaphone.fm/adchoices

1424 - How to Retain Tenants by Chris Bibey Sep 07, 2024

Show notes

It’s one thing to attract a tenant to your rental property. It’s another thing entirely to retain them. Here, we provide guidance on how to retain tenants and the financial results of doing so.

"Keep reading the article here: https://www.biggerpockets.com/blog/how-to-retain-tenants

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com"

Learn more about your ad choices. Visit megaphone.fm/adchoices

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected