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:

1244 - 9 House-Flipping Tips for the Risk-Averse From Two Experienced Flippers by Profile Background Jeff Vasishta Mar 11, 2024

Show notes

Pittsburgh-based investor and house flipper John Walker of Turnkey Investment Properties and his business partner, Jim Auten, usually have around 10 flips on the go at any time. When rates were low, and business was booming, that number doubled. However, high rates and low inventory have seen many of their fellow flippers exit the market.

“It’s a case of the last man standing right now,” Walker says.

According to recent Bank of America research, it’s a scenario played out across the country, with sellers staying put for fear of sacrificing a low mortgage interest rate. About 80% of outstanding U.S. mortgages are at interest rates below 5%.

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

1243 - Investors Are Abandoning Their Short-Term Rentals and Converting Them Mid-Term Rentals—Here’s Why by Atticus LeBlanc Mar 10, 2024

Show notes

In the ever-changing landscape of the sharing economy, the concept of home sharing has undergone significant transformations. With the rise of short-term rental platforms like Airbnb, travelers and hosts alike embraced the idea of unique, short-term stays. However, the question that now looms large is whether the Airbnb dream is dead.

While challenges persist, the evolution of the industry tells a different story—one of adaptation and innovation. Real estate investors, in particular, are exploring new avenues, with a growing interest in mid-term rentals.

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

1242 - After Several Years of Investing, These Are My Fundamentals for Generating Passive Income by Eric Fernwood Mar 09, 2024

Show notes

I often hear new investors ask: “What types of properties are the best? “What should I look for when evaluating rental properties?”

They are starting at the wrong point. As with any major venture, real estate investing starts with clarifying your goal. And every investment decision you make must align with your goals.

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

1241 - Investors are purchasing more “low-cost” properties and Congress Committee could add investor tax by Matt Myre Mar 08, 2024

Show notes

A new report from Redfin finds that 26% of investor purchases in Q4 2023 were in “low-cost” properties, up significantly from previous years. The increase comes as housing prices remain elevated and mortgage rates stay locked around the 7% range. Meanwhile, a new bill has entered committee in Congress, where senators are deliberating whether to set on track a new law that would tax real estate investors at a graduated rate on every new property that they purchase. We’ll cover both of these stories and why investors must pay close attention to this bill.

https://www.biggerpockets.com/blog/how-the-affordable-housing-and-homeownership-protection-act-will-impact-investors

https://www.biggerpockets.com/blog/highest-share-of-investors-on-record-are-buying-low-value-homes

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

1240 - How Ryan Haywood Used Investing and Deal Generation As a Way to Build Communities and Wealth by Benjy Nichols Mar 07, 2024

Show notes

“You’re making too much money.”

That’s what echoed in Missouri native Ryan Haywood’s ears after his boss decided to slash his commissions—a “sales haircut,” as it’s bitterly known in the industry.

This notion of being penalized for success was perplexing for Ryan. Out of all the downsides of his job—the after-hours calls from his boss that he was expected to answer, dealing with poor management, and working up to 80 hours a week—this pay cut was the last straw. He didn’t realize it at the time, but this setback was about to unveil a path that would lead his family toward the future that Ryan and his wife Megan had dreamt about.

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

1239 - Where Home Prices Grew the Most (and the Least) in 2023 by Anna Cottrell Mar 06, 2024

Show notes

As everyone knows by now, rising interest rates and low supply have been the most significant factors shaping the real estate market since 2022.

The Federal Reserve began raising key interest rates in March 2022 in response to skyrocketing inflation. Following the pandemic-era sharp rises in the cost of materials and products across several industries, inflation in the immediate aftermath shot to its highest levels in 40 years. To tackle these high inflation rates, the Fed raised rates 11 times between March 2022 and July 2023, from almost zero to 5.5%.

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

1238 - Warren Buffett is Wrong: Diversification isn’t Just for Ignorant Investors by G. Brian Davis Mar 05, 2024

Show notes

Should you aim for diversification in your real estate investments? What about your stock investments?

Oddly enough, many real estate investors never bother to ask that question. They just assume that all real estate investments require a lot of money and that each niche requires so much skill that you can only master one.

They’re wrong on both counts, and it adds risk to their investment portfolio.

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

1237 - Tax Implications of House Hacking by Cyrus Vanover Mar 04, 2024

Show notes

House hacking is often one of the first strategies that many new real estate investors use because it’s a simple way to live for free while your renters cover your mortgage payments. House hacking involves buying a single-family or multifamily property and renting out the units or rooms you aren’t occupying.

If you are considering dipping your toes into real estate investing with this strategy, it’s important to consider the tax implications so you will know how much profit to report. Underreporting rental income on your taxes could cause problems for you later if you are audited.

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

1236 - Ultimate Guide to House Flipping Taxes by Ana Gotter Mar 03, 2024

Show notes

Flipping houses can be extraordinarily profitable, which is one of the reasons why it’s a popular real estate investment strategy.

You go in with a competitive bid, invest some funds making repairs and sprucing up the place, and then sell. It’s rewarding, and when done well, it can be extremely lucrative.

And while many people know about the potential expenses and risks that come with the actual acquisition, remodeling, and sale of house flipping, some investors are surprised to learn about the taxes involved.

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

1235 - Home Prices Continue to Rise, and Detroit Just Beat Miami for the First Time by Anna Cottrell Mar 02, 2024

Show notes

The U.S. real estate market appears indestructible, with home prices nationwide continuing to increase. The latest report from analytics company CoreLogic shows impressive growth of 5.2% year over year in November 2023.

It’s not an anomaly, either—home prices grew 4.7% year over year in October 2023. CoreLogic’s projection is a steady home price growth throughout 2024, forecasting a 2.5% year-over-year increase in November 2024 compared to November 2023.

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

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected