BiggerPockets Real Estate Podcast

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Latest Episodes:

How to Buy 5 Rental Properties in Just 5 Years May 30, 2025

Show notes

You can buy five rentals in just five years, even with less than 5% down. Today, we’re teaching you three savvy strategies to quickly scale your real estate portfolio so you can start building wealth without waiting years and years to buy your first (or next) investment property. And no, we’re not just talking about house hacking—Dave is walking through three separate strategies you can use to buy five rentals in just five years. All three methods are effective in today’s market and can be repeated even by a beginner.

These strategies are broken down by financial starting point: 1) starting with little money, 2) having a solid amount saved, and 3) having a lot saved for investment. So, whether you’re a graduate fresh out of college who's ready to invest in rentals or a doctor/lawyer/executive with hundreds of thousands sitting around, we have a strategy for you.

The best part? As your portfolio grows, you can combine these strategies to reach your financial freedom goals faster and pick the path that works best for you as your wealth grows. Ready to get started? Follow this plan, and by 2030, you’ll have five rental properties!

In This Episode We Cover

How to buy five rental properties in just five years (even with 3.5% down!)

The beginner-friendly strategy that successful real estate investors recommend

How to recycle your money with the BRRRR method and supercharge your scaling

Got a high income? Why buying turnkey, easy-to-manage rentals could be your best bet

Full math examples of the methods, how much money it takes, and how much you’ll make

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1128

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How to Buy Time and Freedom with a Simple Rental Portfolio (2-Hour Workweek) May 28, 2025

Show notes

Rentals can give you much more than just bigger pockets. They can buy you time, flexibility,andthefreedom to design an adventurous and fulfilling life. Just ask today’s guest, who built a simple real estate portfolio that runs itself—creating space for midday hikes, living abroad, and passion projects. In this episode, he’ll show YOU how to slow down and do the same!

Today, Chad Carson, investor and author of The Small and Mighty Real Estate Investor returns to the show to share how real estate investing gave him much more than money. Chad has been investing for decades, but now, he’s making a major shift. Rather than accumulating more rental properties, he’s paying off the ones he already owns. Instead of putting in 80-hour workweeks, he’s traveling, taking mini-retirements, and prioritizing his life goals. And the best part? Some weeks, he spendsas little astwo hours on his portfolio!

Want to copy Chad’s success? In this episode, he’ll show you how to trade the rat race—whether that means long hours at your nine-to-five or the relentless grind of scaling your investments—for time freedom, a flexible portfolio, and a real estate business that works for you.

In This Episode We Cover

How Chad optimized his real estate portfolio for a two-hour workweek

Why real estate’s real return isn’t money—but time, freedom, and flexibility

How to use real estate investing to build a fulfilling life (not just a big portfolio!)

Swapping traditional retirement for mini-retirements that help you savor life while you’re young

The power of paying down mortgages versus buying more rental properties

How to ditch the rat race for a real estate business that works for YOU

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1127

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3 Cash-Flowing Real Estate Deals in 2025 (& Where We Found Them) May 26, 2025

Show notes

There are still real estate deals even in 2025. To prove it, we’re taking three real (on-market!) deals and analyzing them three ways: as a long, medium, and short-term rentalto see which will have the highest cash flow. All of these properties are around or under the median home price in the US and have at least one strategy that makes them profitable, even in 2025 with today’s high interest rates.

To help run the deal analysis, Ashley Kehr from the Real Estate Rookie podcast and Garrett Brown from BiggerStays join us to crunch the numbers. You’re probably thinking, “Short-term rentals always make more than long-term rentals!” but that isn’t exactly the case. With the added expense of short-term rental management, some deals may work MUCH better as a long or medium-term rental.

We’ve even got some bonus strategies to share to boost your rental property profits, like renting-by-the-room to get even more revenue and subdividing your lot so you can sell it and pay off your rental faster (more cash flow!). These deals still work in 2025, and today, we’re sharing exactly where we found them.

In This Episode We Cover

How to analyze a rental property as a short, medium, and long-term rental

The one overlooked cost you should ALWAYS account for on a short-term rental

A sneaky tactic to get extra cash if you’re on a BIG lot

Using the “coliving” (rent-by-the-room) strategy to get even more rent every month

Why short-term rental regulations are a good thing for investors

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1126

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How to Become a Millionaire Through Real Estate (Beginners) May 23, 2025

Show notes

Everyone wants to know how to become a millionaire in real estate. And surprisingly, getting there isn’t all that hard. You can create a seven-figure net worth by investing for just 8-12 years, and if you’re willing to put in a little more work, you can get there faster. Dave has done it, and a million of our BiggerPockets members have done it, too. So today, we’re sharing the real estate millionaire math so you can repeat it and reach your financial independence number faster.

We’re not just showing you how to get to a million dollars in equity. We’re also discussing what you need to know to replace your salary with rental properties. This way, you’ll have cash flow to live off of and appreciation to build your wealth. Using the four “building blocks” of real estate, you can skyrocket your wealth in a (relatively) short amount of time.

Maybe you want to be a millionaire in less than a decade and build a real estate portfolio faster. Great! We’re sharing two extra levers you can pull to make more money from your properties IF you’re willing to put in the work.

What are you waiting for? Let’s make your first million!

In This Episode We Cover

How to become a millionaire with real estate in just 8-12 years (we did the math)

Replacing your salary with rentals and how to “compound” your cash flow

The four ways that real estate makes you rich (it’s not just rent checks)

Two other wealth “levers” you can pull to get to millionaire status faster

Should youbuy a rental property in cash? Here’s what happens to your returns

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1125

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98% of Housing Markets “Weaker” Than Last Year: Good News for Investors? May 22, 2025

Show notes

49 of the nation’s 50 largest metro area housing markets are showing “weaker” home price growth in 2025. For some, this signals a long-predicted crash/correction on the horizon. But for others (like Dave), it’s something very different, and could be a huge help for the aspiring real estate investor.

For years, we’ve been struggling with a dangerous combination of high rates, high home prices, and low affordability. If top markets are starting to weaken and prices are softening, could this actually be a good sign for investors and buyers waiting on the sidelines? If mortgage rates come down and wages continue to grow, are we inching closer to equilibrium and the more affordable housing market we’ve all been waiting for?

In this bonus episode, Dave is explaining why housing market “weakness” is a sign of long-term strength and a huge opportunity for investors willing to make moves. Don’t believe him? Dave shares a personal bet he’s making on the housing market—with a lot of money on the line—that could turn out to be a genius move in the years ahead. What’s his plan? Stick around, we’re getting into it!

In This Episode We Cover

Why 98% of major housing markets are seeing “weaker” home price growth in 2025

Why price softness does NOT signal a crash or correction

Good news for first-time homebuyers: purchasing could become more affordable

The three factors of an affordable housing market (and are we shifting to better affordability?)

Dave’s recent rental property move to capitalize on this window of opportunity

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1124⁠-5

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When’s the Right Time to Start Investing? (Age, Money, Lifestyle) May 21, 2025

Show notes

When is the right time to invest in real estate? We’ve all asked ourselves this, and if you’ve been thinking about buying rentals, you probably have, too. Whether you’re 20 or 50, have a little money or a lot, that first real estate deal can seem so...scary. You’ve never done this before, and things can (and will) go wrong, so how do you know you’re ready? Have you read enough books, saved enough for emergencies, or looked at enough houses? We’ve got three investors who all started in different positions to help get you an answer.

Dave started investing right after college when he was waiting tables and had barely any money in the bank. Henry began to invest well into his working career, but with a family to take care of in the near future, he had to invest differently. On the other hand, Jonathan Greene was born into real estate, with an investor father who taught him the ropes from childhood. Each expert started from a different place, but they all agree on when it makes sense to invest.

How much money do you need to make? How much free time should you set aside? What should your bank account look like? Do you need to know how to renovate and repair? Each investor will share where they think you should be to successfully invest in real estate. Good news—you might already be there!

In This Episode We Cover

The right age to invest in real estate (and can you ever be too young/old?)

How much money you should have in case your first deal goes wrong

Growing your confidence to buy and how many houses you should view before bidding

The time it takes to invest in real estate on the side (do you have the schedule for it?)

Financial signs that you’re NOT ready to buy a rental (and how to fix your finances)

Is it too late to invest with high home prices and interest rates?

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1124

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How to Retire with Rentals in Just 10 Years (It’s Still Possible!) May 19, 2025

Show notes

Want to retire early? You don’t need millions of dollars in stocks, retirement accounts, or cash to do it. You might just need a handful of rental properties. Today’s guest, Paul Novak, only started investing four years ago in 2021, but he’s already nearly at his early retirement goal through rental property investing. He may only need one or two more rentals to fully retire in his mid-40s. Want to trim twenty years off of your working career? Follow Paul’s plan!

After realizing that stock investing could only get him to retirement so fast, Paul knew he needed a better path to early retirement. He thought real estate could be the answer. The problem? This was 2021, where every house was going over asking and competition was steep. He finally got a deal done after previous ones fell through and found he was already making 10 times more money than his stocks were giving him. It became a no-brainer to repeat the strategy.

Fast forward to 2025, Paul has five rentals, with seven units in total, and he’s nearly at his cash flow goal to retire from his job. He did it all through some very creative rental financing. One more rental could unlock the holy grail: early retirement, time freedom, and plenty of passive income. And this is just four years into his investing journey!

In This Episode We Cover

How to retire early in just ten years with boring, repeatable rental deals

401(k) loans, HELOCs (home equity lines of credit), and other ways to fund your rentals

Why interest rates don’t matter as much as you think they do

How to run your numbers on rentals so you’re ALWAYS making money

Why you don’t need a dozen or more rentals to reach financial freedom

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1123

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May 2025 Housing Market Update: Price Cuts Arrive, Market “Softening” Continues May 16, 2025

Show notes

The housing market is going through another significant shift. Sellers have lost even more control as price cuts become common in some top markets. Rents are flat, but will they stay this way? The Trump administration presents a groundbreaking proposal that could greatly affect many real estate investors. This is May 2025’s housing market update, where we’re filling you in on all the biggest stories affecting real estate!

The market “softening” continues. Inventory is rising, and sellers are realizing this isn’t 2022 anymore. Price cuts have become common in Texas, Florida, and California. But other markets are still seeing price jumps, so have the southern states become the new buyer’s markets? Investing opportunities could be here for the right buyers, and Dave has already made a move, locking up his latest investment to capitalize on what’s to come.

But what about mortgage rates? Do we have any hope that we’ll get below 6% this year? Dave shares his updated mortgage rate “range” for 2025. Have Section 8 renters? You’ll want to hear the end of today’s episode as a new proposal from the Trump administration couldslash Section 8 funding, putting tenants and landlords in a tricky position. All that, and more, in today’s episode!

In This Episode We Cover

The housing market “shift” pushing us into a bigger buyer’s market

The end of Section 8? A new proposal from D.C. could cause major cuts

Markets with the most price cuts and areas where prices are rising instead

Mortgage rate forecast and the range we could hover around for the rest of the year

Investing opportunities with “juicier” returns as sellers lose control

Rent price updates and which properties will get hit hardest as vacancy rises

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1122

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The Easiest Way to Find Profitable Rental Properties May 14, 2025

Show notes

This is how to find investment properties that make real money in 2025. No “off-market” deals, no mailing letters, no cold calling—we’ll walk you through how to find profitable, on-market rental properties that anyone can spot in any market across the country. Plus, how to separate “upside” potential from money pits that aren’t worth the price. Dave has been buying rentals for 15 years, and he’s showing you his exact method.

If you’re used to browsing listing sites like Zillow, Realtor, or Redfin, prepare to get your mind blown. We just released a brand new tool,BiggerDeals (100% free, by the way), that allows you to quickly search on-market properties and instantly get their cash flow, cash-on-cash return, cap rate, and rent-to-value ratios. This trims down your search time for properties by a massive margin.

Now that you’ve used BiggerDeals to find your next potential rental, Dave will show you how to run the numbers in-depth to ensure you’re buying a deal, not a dud. If the numbers work, and it fits your buy box, it’s time to make an offer! The deal-finding and analysis can all be done in minutes, which means you’re WAY closer to your first (or next) rental property than you thought!

In This Episode We Cover

How to find profitable rental properties in any market in just minutes with BiggerDeals

Why you DON’T need to find “off-market deals” to invest in real estate

The “funnel” approach to finding rentalsand how to trim down your search time by 90%+

Using therental property calculatorto easily run your numbers

How to estimate variable expenses on your next investment property

The one thing you should always do before you offer on a property

And So Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1121

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠.

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Financial Freedom with Just 4 Rentals? Why Small Portfolios Win May 12, 2025

Show notes

This investor quit her job for good, with just four rental properties. Not 40, not 400—four rentals. And she’s not looking to grow much beyond that. You’ve heard other investors talk about owning dozens, even hundreds of rental units, but you DON’T need to get to that scale to reach financial freedom. Antoinette Munroe is proof of that.

After countless “I hate my job” Google searches, Antoinette found the FIRE movement (financial independence, retire early). This prompted her to start saving and investing at a far greater speed than before, hopefully giving her enough runway to quit. She had saved enough to buy her first house—but realized it could actually make her money. The accidental real estate investor was born!

Fast forward around a decade later, Antoinette owns four rental properties with very high cash flow. She’s done flips, learned to renovate and rehab homes, added additions to increase value, split properties in two, and done whatever it takes to make more from one house. But does Antoinette want more rental units? Not really. She’s happy with her small and mighty real estate portfolio—unless an investment in one of her vacation destinations comes up for sale!

In This Episode We Cover:

Why you DON’T need a large rental property portfolio to quit your job

The unique, high-cash flow rental properties Antoinette focuses on today

Doubling your cash flow by “splitting” rentals with the right amount of space

How to fight city code enforcement fines and reduce them by 90%

Using a HELOC to buy rental properties (and get ALL your money back via BRRRR!)

And So Much More!

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