BiggerPockets Real Estate Podcast

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Set Your Goals with David and Rob

Books Mentioned in the Show

SOLD by David Greene

SKILL by David Greene

Buy, Rehab, Rent, Refinance, Repeat by David Greene

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-699

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698: From Toxic-Marriage to Financially Independent Mom with 13 Units w/Sarah King Dec 08, 2022

Show notes

Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you’ve gone from a two-income household to just one, your children are now your sole responsibility, and you’ve got to almost financially start over. Finding financial independence after events like this would be awe-inspiring—so imagine you did it all in just two years. Sarah King did just that, with thirteen units under her belt since buying her house hack property in 2020.

Sarah worked hard to put herself in a strong financial position. She was a debt-free disciple who paid off six figures in debt. Then, she focused on her savings, minimizing her expenses and increasing her income as much as she possibly could. But then, when everything started to feel stable, she uncovered something that would unravel her marriage. She went from financially stable to undoubtedly anxious in a matter of days. But it’s what she did next that was incredible.

Knowing she had to do whatever she could to take care of her daughter, Sarah went on rental property shopping spree. She built the portfolio she knew her family needed, and now just two years later, she’s enjoying the fruits of her non-stop labor. But how did she get the money for the deals? What strategy allowed her to cash flow so much in such a short amount of time? If you want to do what Sarah did, you’ll have to tune into this episode.

In This Episode We Cover:

How to achieve financial independence through real estate in less time than you think

House hacking and why it’s arguably the best way to start investing

Why being scared of debt is a downside when trying to build a rental property portfolio

The medium-term rental strategy and using it to get better cash flow on smaller units

Private money lending and how to raise private capital from those who know and trust you

Hiring, outsourcing, delegating, and how to free up much more time in your life

The phenomenal funnels that will bring you the best tenants, deals, and more money!

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Divorced and $250K in Debt to Financially Free in 10 Years

Books Mentioned in the Show

Set for Life by Scott Trench

30-Day Stay by Sarah Weaver & Zeona McIntyre

Raising Private Capital by Matt Faircloth

Simple Path to Wealth by JL Collins

Rich Dad Poor Dad by Robert Kiyosaki

Connect with Sarah:

Sarah's Instagram

Sarah's Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-698

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

697: BiggerNews December: 3 Coast-to-Coast Markets We’d Invest in Next Year Dec 06, 2022

Show notes

Each real estate market has its own type of flavor. Some are short-term rental markets, others are affordable cash-flowing long-term rental markets, and many are in between, capitalizing on strong appreciation with enough monthly profit to keep investors going. The great thing about investing in the US is that we have fifty states' worth of land to buy, improve, and rent out. And today, we’ll be looking at three specific markets, all with wildly different price ranges and profit potential for 2023.

Welcome back to this month’s BiggerNews, where your host Dave Meyer (not David Greene *gasp*) will be interviewing three of the most elite agents across the United States. We’ll talk to Rob Chevez, the investor and experienced agent operating in our nation’s capital, Washington, DC. You’ll also hear from Dahlia Khalaf, managing broker of ASN Realty Group in affordable Oklahoma. And, of course, we’ve got David Greene, California’s favorite realtor, here to talk about why sunny San Diego deserves an investment from you.

With mid-priced markets like DC, affordable real estate in Oklahoma, and massively-appreciating west-coast properties to build your wealth, this episode of BiggerNews shows you how you can invest in ANY of these markets and build wealth in 2023. The agents also talk about the strategies that are working in each market and some of the major pitfalls you could stumble upon if you aren’t a local expert.

Need to find an agent in your neck of the woods? Use the BiggerPockets Agent Finder to connect with a local expert in your area!

In This Episode We Cover:

How markets like Washington, DC, Tulsa, and San Diego are faring in 2023

The oversaturation of short-term rentals and which investors should avoid buying them

The real estate “Bermuda triangle” and why every investor should buy at least one property there

House hacking for cash flow and turning your primary residence into a paid-for mortgage

Subject to deals and other creative financing strategies that work as the buyer’s market takes shape

Advice from expert agents around the country for investors in 2023

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Dave's BiggerPockets Profile

Dave's Instagram

"On the Market" Podcast

"On the Market" YouTube Channel

Connect with Dahlia & Rob:

ASN

Dahlia's BiggerPockets Profile

Dahlia's Facebook

GRID

Rob's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-697

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

696: How to Plan for (and CRUSH) Your 2023 Goals Dec 04, 2022

Show notes

It’s 2023 goal-setting time! For some investors, setting goals is a coveted experience where they get to center themselves and plan for the coming year. For others, setting goals can seem stressful as there are too many shiny objects always around to chase. This type of dichotomy exists even among the most experienced investors, as you’ll see in this episode. David Greene, everyone’s favorite investor, agent, broker, and mentor, systematically sets his goals, while Rob “Robuilt” Abasolo, the internet’s short-term rental oracle, does things a bit differently.

In this episode, you’ll get a peek behind the scenes at how two very successful investors set goals in two very different ways. But this isn’t just about real estate investing and building wealth. David and Rob both touch on the personal goals they’ve set out for themselves and how they organically intertwine with the lofty investing goals they’ve set for 2023.

David and Rob both want to grow their wealth substantially in 2023. But this doesn’t mean that they’re just hungry for doors. You’ll hear a crucial tip on how top real estate investors focus more on revenue than on unit count and how mistakenly chasing more properties could put you in a stressed-out situation without much to show for it! If you’re ready to tackle some of your biggest goals yet, tune in to this episode, and bring a planner while you’re at it!

In This Episode We Cover:

How to crush your 2023 goals by revamping and reviewing your 2022 plans

Constantly updating your MINS (most important next steps) to hit goals even faster

The struggles of outsourcing and hiring and why you MUST do it to grow

The “more doors” trap that investors often find themselves falling into

Building your vision for the next year and basing your goals on an end-result

Content creation, building your brand, and becoming a bigger figure in the real estate space

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Hear Our 2022 Goal Setting Episode

Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes in 2022

3 Simple Steps to Set Achievable (Yet Ambitious!) Real Estate Goals

Invest with David Greene

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-696

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

695: Billionaire Advice that Made a Farm Boy a Fortune in Self-Storage w/Andrew J. Abernathey Dec 01, 2022

Show notes

How much billionaire advice have you gotten? Ever decided to look up the wealthiest people in your area and give them a call? What type of tips could they give you for success? What business ideas would they push you to try? And how would your life change? Instead of speculating, at a young age, Andrew J. Abernathey tried out this strategy, and much to his surprise, he got the billionaire mentor he always dreamed of.

Before that, Andrew was just a simple farm boy. You know how it goes: tending to the field, ordering supplies, and trading futures at ten years old. Yep, you read that right. Andrew was making trading calls on grain prices at only ten years old, a skill that his father helped teach him. At fourteen, Andrew decided to put some money in the stock market, and a year later, walked away with an $80,000 profit. And like all young boys, he knew exactly what he wanted to spend his money on—a million-dollar apartment complex!

Picking up on a pattern? Andrew has been making incredible moves at almost unbelievably young ages. But we haven’t even touched on the most incredible part of his journey yet. In this episode, you’ll hear how Andrew made wild real estate profits at sixteen, met his billionaire mentor by offering him some pie, and went on to build hundreds of millions in self-storage. It’s all true, and it’s all coming up in this episode!

In This Episode We Cover:

The importance of early financial education and investing at a young age

How parents can cultivate the passions their kids possess

Puts and calls, stock trading, and how to invest like Warren Buffett

Apartment investing and how knowing your market can make you millions

How to find a mentor (even if you’re looking for a billionaire!)

Analysis paralysis, shiny object syndrome, and sticking to one strategy

Self-storage development and the details behind the deal

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Henry's BiggerPockets Profile

Henry's Instagram

Here’s What 10 Billionaires Say You Should Do Every Day

Should You Start Investing in Real Estate When You're Young?

How I Hired Warren Buffett as My Real Estate Mentor

Book Mentioned in the Show

Open Secrets of Success: The Gary Tharaldson Story by Patrick McCloskey

Connect with Andrew:

Andrew's Personal Website

Abernathey Holdings

Andrew's Facebook

Andrew's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-695

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

694: How to Reach Financial Freedom in 2023 with Small Multifamily Properties Nov 29, 2022

Show notes

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors have used small multifamily rental properties to live the life of their dreams. And today, we want to help you do the same. We’ve got our multifamily millionaire, Dave Meyer, here to share the tools of the trade! Dave was able to reach financial independence in only a few years, thanks to a small portfolio of multifamily rental properties!

Even if you’re an absolute beginner in real estate, without any properties or experience, small multifamily can be one of the easiest ways to start investing. With low money down options, the ability to house hack, and big cash flow opportunities, any investor can start, or scale, a real estate portfolio with a duplex, triplex, or quadplex. And Dave will walk you through every step of the journey. From finding deals to analyzing them, financing them, and doing it again, this step-by-step process is simple to follow, and can be done in a matter of weeks or months!

So, if you’re ready to build a life you love, have the financial autonomy you’ve always dreamed of, and start investing today, hit play on this episode! And, if you’re interested in using the top-tier tools Dave shows in this video, sign up for BiggerPockets Pro today! Make sure you stick around until the end of this episode—Dave will be giving away a BIG discount with a bundle of bonuses!

In This Episode We Cover:

How to achieve financial freedom through small multifamily investing

Why invest in multifamily rentals and not single-family homes for your first real estate deal

Where to find small multifamily properties (and how to get them at a discount!)

Rental property financing and the different loans to use when closing on your first property

How to analyze a real estate deal in just minutes (no experience needed!)

The dangers of investing in small multifamily properties and what to watch out for

How to get a discount on some of the most-used BiggerPockets tools!

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Grab the Multifamily Worksheet

BiggerPockets Calculators

Find a Lender for Your Next Real Estate Deal

Already a BiggerPockets Pro Member? Get Access to Pro-Exclusive Videos

Book Mentioned in the Show

Real Estate By Numbersby Dave Meyer & J Scott

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-694

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

693: Seeing Greene: How to Turn Equity into Cash Flow and Getting Around 20% Down Nov 27, 2022

Show notes

You’ve got home equity, but maybe not cash flow. If you want to realize financial freedom, you’ll need consistent, passive monthly income. But with cash flow harder to find than ever before, how can you get it when real estate prices and interest rates remain high? Should you give up on cash flow entirely and only bank on appreciation? Maybe not. Using the strategy David outlines today, you can convert your equity into cash flow, but you’ll need to follow the right steps.

Welcome back to another Seeing Greene episode, where David, and some expert guests, answer your questions surrounding anything and everything related to real estate investing. Joining us on today’s show are Dave Meyer, J Scott, and Pat Hiban, all BiggerPockets authors and real estate masters in their own rights. They tag-team questions ranging from how to get around the twenty percent down payment requirement, how to calculate the time value of money on an investment, how HELOCs (home equity lines of credit) work, whether investing in hurricane-heavy Florida makes sense, and more!

Don’t forget to head over to the BiggerPockets Bookstore to get massive discounts on some of the best real estate investing books in the world! Still itching to ask David a question? Submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

How to get around the twenty percent down payment requirement even as a foreign investor

Cash-out refinances vs. HELOCs and which make more sense for the casual investor

Converting equity into cash flow and how to know when you should sell an investment property

Hurricanes, high insurance rates, and other hurdles that come when investing in Florida

Calculating the time value of money and when an investment is worth buying

House hacking and using your primary residence as an income-generating asset

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

BiggerPockets Bookstore Cyber Monday Sale

Stay Up-to-Date on All the New BiggerPockets Books Coming Soon

Should You Invest for Equity or Cash Flow?

Books Mentioned in the Show

Real Estate By Numbersby Dave Meyer & J Scott

Connect with David, Dave, J, & Pat:

Dave's BiggerPockets Profile

J's BiggerPockets Profile

Pat's BiggerPockets Profile

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-693

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

692: Fighting Cancer, Financial Freedom, and 20 Units in 2 Years/Josh Goldstein Nov 24, 2022

Show notes

Financial freedom isn’t something that most Americans strive towards. For the most part, working at a job, getting a steady paycheck, and bringing home the bacon is enough. That is until something forcibly stops you from working. It could be a workplace injury, a family emergency, or even a cancer diagnosis. What do you do when you can’t work or provide for your family, all while fighting a life-threatening disease?

Josh Goldstein was in this exact situation in 2015 when doctors gave him a rough diagnosis—pancreatic cancer. Josh and his wife knew that he could make it through the treatments, but the financial problem still loomed largely. How would they be able to pay the bills, take care of their kids, or continue living the life they loved without any money coming in from Josh’s work? The answer—real estate investing.

After years of analysis paralysis and a deep obsession with BiggerPockets content (woohoo!), Josh bought his first property as the world was starting to shut down. But he didn’t let the lockdowns stop his plan to hit financial freedom fast. Over the past two years, Josh has gone from zero to twenty units, some of which he’s never laid eyes on before. This portfolio, which was built out of a life-threatening situation, is now bringing in hundreds of thousands a year for Josh’s family, providing them well-earned financial independence.

In This Episode We Cover:

Solving life’s hardest problems (even when they threaten to kill you!)

Building your foundation for financial freedom today so you’ll never be out of options

Kicking analysis paralysis to the curb and the simple way to start investing in real estate

Long-distance real estate investing and why it isn’t as scary as you may think

Short-term rental saturation and what will happen as hosts buy more and more homes

Why you always want to double-check the battery life on your home’s smart locks

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Henry's BiggerPockets Profile

Henry's Instagram

BiggerPockets Podcast 340 with Whitney Hutten

BiggerPockets Podcast 364 with Avery Carl

Books Mentioned in the Show

Rich Dad Poor Dad by Robert Kiyosaki

Long-Distance Real Estate Investing by David Greene

Connect with Josh:

Josh's BiggerPockets Profile

Josh's Instagram

Josh's Email

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-692

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

691: Painless Property Management 101 w/Ryan Barone from RentRedi Nov 22, 2022

Show notes

Property management has always been a sensitive subject for landlords. Most real estate investors either want to be completely hands-off, letting a property manager handle the entirety of their leasing and management, OR be hands-on, constantly dealing with tenant issues themselves. And for a long time, there wasn’t a great way to self-manage. You either ran your business off scraps of paper or insufficient spreadsheets. But it’s 2022, and this has completely changed.

When Ryan Barone was applying for his first apartment, he was blown away by how complicated the tenant application process was. So, he built an app that made it easier for tenants to upload all their documents to landlords. Then, the landlords started reaching out to Ryan asking for a tenant management version of the software. As a result, RentRedi was born, and has slowly grown to become one of the most popular property management tools around!

Ryan credits much of his success to early BiggerPockets users, who constantly tested and tried RentRedi when it was in early development. Now, the software is fully formed—used by tens of thousands of investors across the country. And it comes standard with a BiggerPockets Pro Membership! If you want to know how to manage your properties without the headaches (or high costs) of regular property management, stick around. Ryan gives a full demo on how you can start using RentRedi today!

In This Episode We Cover:

Common landlord and tenant headaches and how RentRedi instantly solves them

Reporting, rent collection, bookkeeping, and more features you can get with RentRedi

How to start self-managing as a new landlord even if you have no experience

How RentRedi used BiggerPockets users as beta testers to build the best property management software around

Outsourcing and delegating tasks so you can build your business faster than ever before

Turning tenant problems into profits and managing your rentals without breaking the bank

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Try RentRedi Today!

Angel.co

Ryan's BiggerPockets Profile

Connect with Ryan:

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-691

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

690: Seeing Greene: Why Are My Rental Property Returns Looking So Bleak? Nov 20, 2022

Show notes

Most investors buy rental property for cash flow, and much to their surprise, no cash flow is to be found once the deal is done. Maybe they’ll get some limited returns in their first year of landlording, but with cash flow-induced frustration, they decide to try another strategy. This happens again and again as real estate investors struggle to realize anything other than a meager return on what was supposed to be a financially-freeing investment. But worry not—this is all part of the plan.

David is back on another episode of Seeing Greene, where he answers the most-pressing real estate questions from across the web. But David isn’t alone in the episode! He brings along real estate investing experts Brandon Turner, Pat Hiban, and Zeona McIntyre to help answer hard-hitting questions surrounding anything and everything related to real estate. This week’s topics touch on shiny object syndrome, when to pay for real estate leads, assisted living investing, 1031 exchanges, short-term rentals vs multifamily investing, and how to find the right mentor.

If you’ve been looking to up your real estate game, head over to the BiggerPockets Bookstore and take advantage of MASSIVE discounts on some of the best real estate books around! And remember to use ANY of today’s hosts’ names as a discount code to get even more off when buying any BiggerPockets books!

In This Episode We Cover:

How to avoid shiny object syndrome when no real estate strategy seems to work

Why most new investors have the wrong idea about cash flow and rental properties

Assisted living investing and who should make the jump into this high-cash flow asset class

1031 exchanges explained and using them to become a passive real estate investor

Short-term rentals vs. multifamily investing and which is the better bet in 2023

How to find a mentor when you’re just starting in your real estate investing journey

And So Much More!

Links from the Show