BiggerPockets Real Estate Podcast

Check Out "On the Market"

Grab James’ New Book “The House Flipping Framework”

2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities

Connect with Dave and Our Panel of Expert Guests:

(00:00) Intro

(04:10) Zillow's 2024 Predictions

(13:05) Home Prices

(16:06) Recession Risk

(17:56) Mortgage Rates

(18:56) Best Markets to Invest

(21:36) 2025 Home Price Predictions

(25:19) 2025 Mortgage Rate Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1062

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Real Estate Syndications 101: What To Know BEFORE You Invest Dec 25, 2024

Show notes

Want 100% passive income? As in no tenants, toilets, phone calls, or painting! You can get genuinely passive income through one type of investment—real estate syndications. Never heard of them before? You’re about to have your world flipped upside down because today, Jim Pfeifer, host of PassivePockets: The Passive Real Estate Investing Show, is on to walk you through real estate syndications, even if you’re a complete beginner!

Joining Jim is a long-time syndication investor and former professional football player (seriously!) Devon Kennard. Before syndications, Devon bought single-family homes during his NFL career, but as his time got increasingly limited, he needed a passive way to invest. The obvious choice? Real estate syndications!

Jim and Devon deliver a masterclass on syndication investing, showing you how much money you’ll need, how to vet a syndication deal BEFORE you invest, the profits you could make, and red flags to watch out for. If passive income is your goal, syndications are for you; here’s everything a beginner needs to know!

In This Episode We Cover:

Real estate syndications explained and who should (and shouldn’t) invest in them

The minimum investment amount for real estate syndications (lower than you’d think!)

How to vet a syndicator (general partner) BEFORE you invest in their deal

Why many real estate investors ditch rentals for the passivity of syndications

Preferred returns, equity payouts, and other ways a syndication will make you money

What Devon and Jim look for in a syndication before they invest any money

And So Much More!

Links from the Show

PassivePockets: The Passive Real Estate Investing Show

Grab Devon’s Book, “Real Estate Side Hustle”

Property Manager Finder

The Ultimate Guide to Real Estate Syndication

Connect with Devon

Connect with Jim

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1061

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

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Want to Buy Real Estate in 2025? Listen to This FIRST (Best Advice of 2024) Dec 23, 2024

Show notes

Want to invest in real estate in 2025? Then this is the show to listen to. We’ve had some phenomenal guests on the show this past year. This time, we rounded up our favorite tips from them, ranging from starting with $50,000, which markets to buy in, and how to retire early with fewer rentals, and compiled them into one life-changing episode. These were the episodes you all loved the most, so we’re taking the golden nuggets and giving them to you today!

Is it still worth it to invest in real estate when prices are so high, and affordability is so low? CEO of BiggerPockets, Scott Trench, gives his honest, raw opinion. Next, two investors who retired with small real estate portfolios share why you DON’T need dozens of rental properties to reach financial freedom. You might need just one! Plus, we’ll show YOU the best way to start investing with $50,000.

Finally, we’re breaking down the real estate markets we believe are the best for beginners and the ones with the most bang for your buck. Will Trump’s housing policies change the market? What will tariffs and tax cuts do to real estate? Stick around; we also share our thoughts on Trump’s 2025 plans!

In This Episode We Cover:

How to retire early with fewer rental properties by building a “small and mighty” real estate portfolio

Why this expert investor only has ONE rental property (and doesn’t plan to buy more)

How to invest in real estate with just $50,000 (beginner-friendly tactics!)

The best real estate investing markets that we’d start in if we were beginners

What the Trump administration’s proposals could mean for the housing market

And So Much More!

Links from the Show

BiggerPockets Real Estate Episode 1,004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson

BiggerPockets Real Estate Episode 1,007 - Where We’d Invest in Real Estate in 2024 if We Were Starting from Scratch w/Ashley Kehr and Henry Washington

BiggerPockets Real Estate Episode 1,024 - A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing) w/Mike Baum

BiggerPockets Real Estate Episode 1,028 - How to Invest in Real Estate with $50K in 2024 w/Ashley Kehr

On the Market Episode 250 - Trump vs. Harris Economic Plans: Taxes, Affordable Housing, and Inflation w/Joel Naroff

Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here’s Why.

Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why.

Top 10 Real Estate Markets for Cash Flow in 2024

Trump Wins Presidential Election: What It Means for the Housing Market

Grab Chad’s Book, “The Small and Mighty Real Estate Investor”

BiggerPockets Real Estate 1,000 - Real Estate Is Changing, and So Is BiggerPockets

(00:00) Intro

(02:34) Is Real Estate STILL Worth It?

(11:06) Retire Early with FEWER Rentals!

(22:57) Don't FOMO Into Investing!

(29:20) How to Invest $50K

(42:06) Best Markets for Beginners

(53:08) Trump’s Tax Cuts, Tariffs

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1060

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

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2025’s Massive Opportunity for Real Estate Investing (Before It’s Too Late) Dec 20, 2024

Show notes

Real estate investing may not see an opportunity like this for years. We’re in one of the wildest economic periods: mortgage rates are high, inflation has cooled, stock prices are hitting records, and the housing supply chain is slowing dramatically. What happens next? In short, something really, really good for real estate investors. And this isn’t hype—it’s precisely what the data points to.

Ben Miller, Fundrise CEO and one of our favorite macroeconomic experts, is back to break down his four data points that directly point to a win for real estate investors in 2025 and beyond. Answer this: what happens when housing supply is low, little to no new inventory is coming online, interest rates come back down, and everyone’s competing for homes? The answer: prices go up.

That reality is coming to fruition soon, and those who already own real estate are poised to reap significant profits. Those who sat on the sidelines will be forced to compete with other buyers as sky-high demand returns. But that’s not even Ben’s entire argument. He brings even MORE data to make the case for real estate in 2025—and it’s a case you shouldn’t ignore.

In This Episode We Cover:

An expert’s case for real estate investing in 2025 and why it isn’t too late to get in

Why commercial real estate could be close to the bottom (and be rebounding soon)

The stock-to-real-estate correlation that BROKE last year (and what it means)

The reason Ben believes new Trump tariffs could be good for homeowners and investors

Why the housing undersupply problem could get even worse in 2025, 2026

What happens when interest rates fall and demand for homes returns?

And So Much More!

Links from the Show

Put Your Vacation Rental on Autopilot with Hospitable

Grab Dave’s New Book, “Start with Strategy”

Redfin’s 2025 Housing Market Predictions (Home Prices, Mortgage Rates, & More)

Connect with Ben

(00:00) Intro

(01:05) The Case for Real Estate in 2025

(02:58) 1. Real Estate is Cheap(er) Now (Timestamp)

(06:15) Have We Bottomed? (Timestamp)

(09:02) 2. The "Inverse Correlation" Begins

(15:02) 3. Housing Supply Will Crash

(19:41) Tariffs Will Help

(24:06) 4. Interest Rates Will Fall

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1059

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

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I Said I'd Never Flip a House...Why I’m Starting in 2025 Dec 18, 2024

Show notes

Dave said he’d never flip a house. He doesn’t have the handyman skills; he doesn’t like managing contractors, and he can’t design a floor plan. So why now, coming into 2025, has he decided to flip his first house? It’s simple—an opportunity was presented to him that he couldn’t pass up. Partnering with expert investor James Dainard, Dave is flipping this house with James acting as the operator and Dave as the investor. If you’ve ever wanted to get into house flipping but felt like Dave, this episode will show you how to start.

If Dave isn’t managing contractors or handling permits, what role does he play? Today, Dave and James are walking through their unique house-flipping partnership, explaining why James made an offer on the property within hours of hearing about it, their rehab budget, renovation plan, potential profit, and some hiccups they could run into (asbestos!).

James is even sharing his expert tips on how to know a property is worth buying for a flip and questions you must ask a flipper or lender BEFORE you start working with them. We’ll keep you updated on this flip’s progress so you can see exactly what goes right, what goes wrong, and how much money this property will make!

In This Episode We Cover:

How to invest in house flipping even if you have ZERO renovation/remodeling experience

Finding the deal and why you need to have relationships with wholesalers

How to spot a great potential house flip—and one HUGE red flag to avoid at all costs

Two ways to raise money for your house flips (debt vs. equity) and the pros and cons of both

Picking a real estate investing partner and questions you must ask before you work together

And So Much More!

Links from the Show

Hear Dave and James on On the Market

Grab James’ New Book, “The House Flipping Framework”

Flipping Houses: How to Get Started and Everything You Should Know

Connect with James

(00:00) Intro

(02:23) Finding the Deal

(03:30) Purchase Price, Rehab Costs, & Comps

(08:16) Signs of a Good Flip

(11:52) Permits, Plans, and...Asbestos!

(13:50) How to Passively Invest in Flips

(18:53) Picking a Partner

(29:02) Ask THESE Questions

(33:28) Follow the Flip Progress!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1058

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

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AMA (Ask Meyer Anything): Seller Financing, A Better "BRRRR", & Do You Need an LLC? Dec 16, 2024

Show notes

When is seller financing worth it (as a buyer AND a seller)? Do you need an LLC to start investing in real estate, and will it help you buy more deals? Can you BRRRR (buy, rehab, rent, refinance, repeat) your primary residence to realize some serious home equity gains? We’re getting into these topics and more as we answer YOUR questions from the BiggerPockets Forums.

First, a seller has been presented with an interesting seller finance offer. Should they take it? How do they vet the buyer before giving them the house in exchange for monthly payments? We’ll explain when seller financing makes sense for sellers and how buyers can create compelling offers. Next, do one-bed, one-bath rentals do well, or are they too small for most areas?

How can you use your primary residence to build wealth without renting to tenants? We’re talking about the new BRRRR, or as Dave calls it, the LIFLOC (we’ll describe it in detail!). Do you need an LLC to invest? Most new investors get this totally wrong. Finally, why do investors and agents think so poorly of wholesalers? Do we ever use them? And how do you tell a good one from a bad one?

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums!

In This Episode We Cover:

Whether or not you should accept a seller finance offer on your house vs. a loan or cash

Why we LOVE small rental properties (one bed, one bath) even though most investors avoid them

Using the “BRRRR” method to turn your primary residence into a wealth-building property

LLCs for real estate, when you need one, and whether they’ll help you buy more deals

Working with real estate wholesalers and the legitimate reason why so many investors/agents avoid them

And So Much More!

Links from the Show

Invest in High-ROI Turnkey Rentals with Rent to Retirement

Grab the “BRRRR” Book

Find an Investor-Friendly Agent in Your Area

What Is Seller Financing in Real Estate?

Connect with Henry

(00:00) Intro

(00:54) Should I Seller Finance?

(07:38) Buy 1 Bed/1 Bath Rentals?

(12:51) Best Home Investment Ever?

(18:21) Do I Need an LLC?

(22:51) Working with Wholesalers

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1057

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

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Redfin’s 2025 Housing Market Predictions (Home Prices, Mortgage Rates, & More) Dec 13, 2024

Show notes

Redfin just released their highly-anticipated 2025 housing market forecast, and today, we’re reacting to each of their ten crucial housing market predictions. We’re touching on the exact numbers you want to hear about—home prices, mortgage rates, home sales, rent prices, and housing supply. Knowing what’s coming could give you an edge as an investor, agent, or first-time homebuyer.

First, we’re reviewing Redfin’s home price predictions for 2025. Will things get any more affordable, or will high home prices persist into 2025? Will mortgage rates finally reach the low sixes, maybe even into the high fives? Dave disagrees with Redfin’s take on interest rates, so where does he think they’ll be headed?

If you’re a real estate agent, broker, loan officer, or in the industry, listen up! Redfin has some good news you want to hear about home sales! Renters and landlords, take note—Redfin’s predictions suggest rents could become more affordable for everyday Americans. But that’s not all; we’ll also review their housing inventory, agent commission, and migration predictions for 2025!

In This Episode We Cover:

Redfin’s notable 2025 mortgage rate prediction that most homebuyers DON’T want to hear

2025 home price forecast and whether or not we’ll continue to see prices climb

The “step in the right direction” for home sales coming in 2025

Why homebuilders are getting bullish thanks to the 2024 Republican sweep

Why Gen Z may be the first generation to give up on homebuying

And So Much More!

Links from the Show

Redfin’s 2025 Predictions

Invest in High-ROI Turnkey Rentals with Rent to Retirement

Grab Dave’s New Book, “Start with Strategy”

2025 Housing Market Predictions (+ How’d We Do Last Time?)

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1056

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

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Should I Sell My 4% Interest Rate Rental Property? ($300K in Equity!) Dec 11, 2024

Show notes

Should you keep, refinance, or sell your rental property? If you’re sitting on a low mortgage rate and plenty of equity, you’ve probably asked yourself this once or twice within the past year. Most people who bought a rental property before 2020 have seen unprecedented appreciation and rock-bottom interest rates and are likely sitting on a war chest-sized home equity position. But that equity could be better spent investing in new properties than keeping your old ones.

This is Dave’s exact predicament. He’s got a property he bought back in 2016 that has over $300,000 in home equity. It’s cash flowing a solid $500 per month with a mortgage rate of just under four percent, but only producing a measly two percent cash-on-cash return. He’s getting four times the return on his recent investment property purchases, so should he sell? Not so fast; we’re doing the math to figure out whether he should keep, refinance, sell, or change strategies on this property.

Got the same good problem? Stick around as we even drop a fifth option most investors overlook entirely, which gives you the best of both worlds.

In This Episode We Cover:

Whether to keep, refinance, or sell a low-performing rental property

The obvious problem with cash-out refinancing in 2024/2025

Why we DON’T love doing 1031 exchanges (and a tax-advantaged way around them)

Converting your long-term rental into a medium or short-term rental (MORE cash flow!)

How to access home equity WITHOUT refinancing your property or getting a new loan

And So Much More!

Links from the Show

Grab Dave’s Latest Book, “Start with Strategy”

Get a Quote on Your Next Short-Term Rental Loan with Host Financial

Keep or Sell? What to Do When Your Rental Doesn’t Cash Flow

Connect with Henry

(00:00) Intro

(01:20) Property Details

(04:51) 1. Keep the Property

(07:12) 2. Refinance the Property

(10:29) 3. Sell the Property

(17:12) 4. Convert Into a Mid-Term Rental?

(21:10) The Best Option?

(22:24) 5. Use Home Equity Instead

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1055

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

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The Expert Investor: Early Retirement is a Mistake, Rent INSTEAD of Buying! Dec 09, 2024

Show notes

Why does this veteran real estate investor say that early retirement and financial freedom are a bad idea? Why does he think renting, NOT buying a house, makes more sense for most Americans in 2025? And what’s the one mistake that lost him hundreds of thousands of dollars even after being an experienced investor for decades? Jonathan Greene, one of our favorite repeat guests, is back on the show to share.

Jonathan’s father, a serial real estate investor, taught him everything about rental properties early on. Together, they walked potential properties, snuck into foreclosed homes, reviewed the profits and figures line by line, and even dealt with evictions together. This equipped Jonathan with the skills to not only build generational wealth for his family but also financial freedom for himself. However, once he achieved it, Jonathan realized that early financial freedom wasn’t worth it. But why?

This episode looks into the mind of one of the most experienced investors in the entire industry. Jonathan shares why he still decided to work even after building a real estate portfolio, the investment he made that cost him severely, why he’s moving his money into a more “passive” investment, the reason renting makes MORE sense than buying in 2025, and what a beginner should do RIGHT NOW to start investing in real estate.

In This Episode We Cover:

The reason Jonathan says early retirement/financial freedom is a mistake

One thing every beginner to real estate investing should be doing right now

Jonathan’s huge loss and the lessons he learned about pricing yourself too high

Renting vs. buying and the obvious choice for most Americans in 2025

What to teach your kids about real estate investing and generational wealth

And So Much More!

Links from the Show

Buy, Rehab, Rent, Refinance, Repeat

The House Hacking Strategy

The Passive Real Estate Investing Show

Listen to Jonathan’s Podcast, Zen and the Art of Real Estate Investing

Invest in Turnkey Properties with REI Nation

Grab the Syndication Investing Book, “The Hands-Off Investor”

Find an Investor-Friendly Agent in Your Area

Renting a Home Is Financially Better Than Buying—Wait, What?!

Connect with Jonathan

(00:00) Intro

(01:26) Learning to Invest as a Toddler

(04:41) Teaching Your Kids About Wealth

(06:31) Flunking Out Then Back to College

(07:54) DON’T Retire Early!

(16:08) His Huge Losses

(17:02) What Jonathan Invests in NOW

(22:30) Don’t Buy a House?

(26:11) How to Start TODAY

(32:39) Exposing Your Kids to Real Estate

(35:34) Connect with Jonathan!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1054

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

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BiggerNews: The 2024 Housing Market in Review (What’s Coming Next?) Dec 06, 2024

Show notes

The 2024 housing market was nothing short of "wild," to put it lightly. We came from years of unprecedented growth, rock-bottom mortgage rates, and fiery homebuyer demand. While some predicted a housing market crash, we were quite sure that real estate prices would stay stable—and that’s precisely what happened! So, before we enter the 2025 housing market, we’re recapping 2024 with all its trends and surprises so you don’t get caught off guard next year!

We’re touching on the big topics: prices, inventory, affordability, best and worst markets, and the commercial real estate crash. Why did prices RISE even when buyer demand fell significantly? Why did the existing housing inventory stay so low? And is now the best time to buy multifamily after its massive value drop in 2024?

Get prepared to make 2025 your best year yet, but don’t make the same mistakes of the past. Stick around; we’re giving you your 2024 housing market in review!

In This Episode We Cover:

The biggest trends (and surprises) of the 2024 housing market

Why did home prices rise in 2024 even with buyer demand so low?

Our affordability crisis keeping many Americans renting instead of buying

The commercial real estate crash and why multifamily is seriously struggling now

Hottest (and coldest) real estate markets that nobody would have expected

The cities that are seeing the most rent price growth (and some with the least)

And So Much More!

Links from the Show