BiggerPockets Real Estate Podcast

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

Expand Your Investing Knowledge With the BiggerPockets Books

Ask David Your Real Estate Investing Question

Ask Other Investors Their Takes on a Neighborhood

Rookie Podcast 368 - Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij

Real Estate Podcast 823 - The Tax-Free Strategy Only Real Estate Investors Can Access

Real Estate Podcast 919 - How to Use Real Estate to Quit the 9-5 Grind

Get a Short-Term Rental Cost Segregation

Books Mentioned in the Show

Pillars of Wealth by David Greene

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-937

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936: 4 Ways to Start Investing in Real Estate with NO or LOW Money Apr 15, 2024

Show notes

Want to know how to invest in real estate with NO money down? Or, maybe you’ve got a bit of cash in the bank and think now is the time to get into the real estate investing game. No matter where you’re at or how much money you have, we’re bringing you four ways to invest in real estate with no money AND low money in 2024. Does it sound too good to be true? Thankfully, this is just how real estate works and our expert investor hosts can back up the facts—these methods CAN be done with little or no money down.

Some of these strategies will get you in the game, making cash flow every month, EVEN without owning a rental property. Others will allow you to put very little money down to buy your first house, but you must be willing to follow a few rules. We’ll also get into the short-term rental side hustle that has landlords pay YOU for managing their property and exactly how Rob scored a three percent interest rate (in TODAY’s market) while putting very little money down on a property.

Don’t let money stop you from starting your investing journey! Combine a few of these strategies, and you could have a cash-flowing rental property portfolio in just a few years’ time!

In This Episode We Cover:

How to start a real estate business without owning a single property!

The exact method Rob used to score a three percent interest rate in 2024

How to buy one house every year using these low-money-down loans

Real estate partnerships 101 and how to invest using other people’s money

The property management side hustle for short-term rentals that could help you save up a down payment

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Network and Learn from Other Investors on The BiggerPockets Forums

Grab “The Book on Investing in Real Estate with No (and Low) Money Down”

How to Buy a Rental Property With No Money: 10 Strategies for Real Estate Investors

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-936

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

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935: BiggerNews: Investing with High Rates, Stubborn Inflation, & Low Supply w/Kathy Fettke Apr 12, 2024

Show notes

Mortgage rates are high, supply is low, and inflation just won’t go away. These market conditions make investing in real estate harder than ever…or so most investors think. The truth? This housing market isn’t all that different from years past, and if you know which moves to make, you can get ahead of all the other investors without them noticing. What do we mean? We’ve got a seasoned investor with over thirty years of rental property experience on the show, ready to share how buying during “high” rates can be a huge advantage.

But that’s not all we’re getting into on this BiggerNews episode. We’ve got questions directly from BiggerPockets listeners that we’re throwing at expert investor Kathy Fettke to see what time-tested advice she’d give. First, a listener wants to know why mortgage rates aren’t falling and how to get into the real estate investing game during a time like this. Then, we discuss how investors can save themselves against inflation. With a spike in part-time work, could the American economy be showing signs of weakness? Finally, we answer the question everyone has on their minds: Is it the darn millennials’ fault for causing these high home prices?

Want to ask a question for a future BiggerNews episode? Post your question in the BiggerPockets forums and get answers from a community of over 2,000,000 real estate investors!

In This Episode We Cover:

Mortgage rates explained and why interest rates are staying so high

Sneaky ways to snag a LOW interest rate in 2024 (Kathy got 4.75%!)

The best hedge against inflation and how to protect the money you have

Rising part-time work and whether or not this is a recession warning sign

Did millennials cause this unaffordable housing market?

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Hear Dave and Kathy On the “On the Market” Podcast

Kathy's BiggerPockets Profile

Kathy's Instagram

BiggerNews, September: Will Anything Slow Down this Housing Market? with Dave Meyer & Kathy Fettke

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-935

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

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934: How to Pay Less Taxes by Buying Real Estate (1 Write-Off You’re Overlooking) w/Brandon Hall Apr 11, 2024

Show notes

With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to pay less to Uncle Sam, most real estate investors are missing out on a MASSIVE tax deduction that could be saving them thousands, if not tens of thousands, on their tax bill. What’s the write-off that even our host, Dave Meyer, didn’t know about? Stick around, or walk away from a HUGE tax savings.

Brandon Hall is a real estate investor-focused CPA. He knows the deductions, write-offs, and audit red flags that could be helping or hurting you. Today, he’s walking through whether or not you need a tax professional (a LOT of people DON’T), why you need to start tax planning BEFORE you buy your first property, the biggest real estate tax write-off that most people miss, and why you should WAIT to file your taxes to see if a MASSIVE real estate tax benefit is making a much-awaited comeback.

Need a tax professional to help you make the right tax moves? Find one for FREE with BiggerPockets Tax Finder.

In This Episode We Cover:

The big real estate write-off that most investors are completely overlooking

Why you should WAIT to file your taxes in case this MASSIVE tax benefit returns

Who should (and definitely shouldn’t) be doing their own taxes

Scaling your portfolio? Why you MUST start strategically planning your taxes now

The biggest audit red flags that are NOT worth the deduction (watch out for these!)

A bonus depreciation update and how this could save you hundreds of thousands

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Hear Dave On the “On the Market” Podcast

Watch Dave on the “On The Market” YouTube Channel

100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall

The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall

Connect with Brandon

Brandon's BiggerPockets Profile

Brandon's LinkedIn

Brandon's Website

Brandon's X/Twitter

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-934

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

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933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike Apr 10, 2024

Show notes

If you follow these Airbnb design tips, you could double your nightly rates almost instantly. Don’t believe us? Erica Dike, a short-term rental design expert, has done it before and is sharing her “designing for dollars” formula ANYONE can use to boost nightly rates, double revenue, or increase their bookings. Erica, like many of us, has seen the standard Airbnb designs. You know what we’re talking about—the sterile walls and lack of color, or the obscurely small dining room table for a cabin that’s supposed to sleep ten. Erica’s designs go far beyond what most guests expect, and that’s why she’s been so successful.

Erica gives us the three steps to her “designing for dollars” formula, plus seven tips that ANY Airbnb, medium-term, or long-term rental investor can use to attract their target guest/renter and start making more money than ever before. Plus, if you’re a host with a lackluster short-term rental and are looking for some quick design ideas to spruce up your space, Erica shows you step-by-step how to refresh your rental for MORE revenue!

No matter what space you’re in—vacation rentals, travel nurse housing, student rentals, or fix-and-flips—these design tips will blow your potential renters and buyers away, leaving you with more money than the house next door. Ready for Erica to “crack the code” on Airbnb design? Let’s get into it!

In This Episode We Cover:

How Erica doubled a client’s Airbnb revenue with smart design strategies

The “designing for dollars” formula that’ll get you more bookings on Airbnb

How to define your “target market” and attract the exact guests you want

The seven steps you can use NOW to get higher rents on your short-term rental

Why long-term rental landlords MUST pay attention to design to attract the best tenants

The first thing to do if you think your Airbnb needs a redesign or refresh

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Hear Dave and Henry On the “On the Market” Podcast

Henry's BiggerPockets Profile

Henry's Instagram

Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started

How to Get More Airbnb Bookings This Spring and Summer Break

Connect with Erica:

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-933

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

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932: Seeing Greene: When NOT to Build an ADU and How to Invest $300K Apr 09, 2024

Show notes

How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality.

Welcome back to another Seeing Greene. As always, your expert investor co-hosts, David Greene and Rob Abasolo, are here to answer any and every real estate investing question you have. First, we answer, "Is an ADU (accessory dwelling unit) EVER worth building?" With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works, then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate.

In This Episode We Cover:

When (and when NOT) to build an ADU (accessory dwelling unit) on your property

HELOC (home equity line of credit) interest rates explained and when to open one

How David and Rob would invest $300K in today’s housing market

How to use home equity and a SMALL real estate portfolio to retire a millionaire

What to do when your long-term tenant NEVER signed a lease

Portfolio architecture 101 and the huge benefit of paying off your rental properties

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Ask David Your Real Estate Investing Question

Listen to Our Sister Podcast, “On the Market”

Forum Post: Buying a property where tenant does not have a lease

Episode 919: How to Use Real Estate to Quit the 9-5 Grind

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932

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

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931: How to Build a Real Estate Portfolio from Scratch in 2024 Apr 08, 2024

Show notes

If you have just $10,000, you can start investing in real estate THIS YEAR, even with ZERO experience. How are you going to do it? In this episode, we’re breaking down the most beginner-friendly ways to build a real estate portfolio with low savings, a median income, and bills to pay. While this might not be the easiest road to real estate riches, within just a few years, you could be sitting on multiple investment properties IF you make the right moves.

Dave Meyer, David Greene, and Rob Abasolo all started investing without much cash in the bank. They had to budget, save, and build up their finances to get their first rental property in the bag. But, once they started investing, it was hard to stop. Now, they all have financial freedom-enabling real estate portfolios that spit out plenty of monthly cash flow. And they’re here to help you build wealth, too!

Dave, David, and Rob share their favorite ways to start from scratch when investing in real estate, how to best use $10,000 to get in the game, the one beginner investing strategy that EVERYONE should try, and how to use other people’s money to grow your real estate portfolio even faster! So, if you want to make 2024 the year YOU start investing, even if you don’t have a ton saved up, stick around!

In This Episode We Cover:

How to start investing in real estate with just $10,000 and a median-income job

The best beginner real estate investment for those who want to get into the game

How to make money in real estate WITHOUT buying a single property

The unconventional advice that could give you a HUGE pay raise at work

Real estate partnerships 101 and the exact pitch Rob gave his first partners to raise money for a deal

The “sneaky rental” tactic that allows you to scale your real estate portfolio at lightning speed

And So Much More!

Links from the Show

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

Expand Your Investing Knowledge With the BiggerPockets Books

Ask David Your Real Estate Investing Question

Get Access to Expert Investing Tools with BiggerPockets Pro

Network with Other Investors on the BiggerPockets Forums

Grab Dave’s Book, “Start with Strategy”

Hear Dave on The “On the Market” Podcast

Watch Dave on the “On The Market” YouTube Channel

Connect with Dave:

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-931

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

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

930: Agents React to NAR Lawsuit Commission Change Apr 05, 2024

Show notes

The NAR lawsuit changed the real estate industry overnight. Just like that, buyer’s agents were no longer getting their standard three percent commission, and many investors began imagining what buying and selling homes would be like without realtors. But is this massive NAR settlement as dramatic as the headlines are making it out to be? Is there really an agent exodus on the horizon, or is this just a way for the bad agents to exit the industry quickly? We brought on a panel of top investor-friendly agents to find out.

Joining us are four agents from across the nation: Avery Carl, Craig Curelop, Juliet Lalouel, and Mike Savegnago. All of these agents are affected by the recent NAR lawsuit settlement, but they don’t seem so shaken up. For many of these agents, this lawsuit simply thinned the competition, putting the expert agents back on top while showing the less-than agents the door. Plus, after the recent deals they’ve done, they’re not too concerned about a lack of buyer’s agent fees.

Today, we’re asking each of them their thoughts on the changes to the NAR’s rules, how this will affect buying and selling homes, what this means for real estate agent commissions, and what agents should do NOW to get ahead of the game. Plus, since our agent panel is all investors as well, they give some crucial advice on finding an agent in your area that will help you build your real estate portfolio even bigger.

In This Episode We Cover:

The NAR lawsuit explained and what it means for real estate agent commissions

A “huge exit of agents” and how this could change the real estate industry forever

What to do when a seller offers you or your buyer’s agent a zero-percent commission

What real estate agents need to start doing NOW to ensure they still get paid

The key signs of an investor-friendly agent that any landlord should be looking for

Massive downsides of buying or selling without an agent (it will cost you…)

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

On The Market

Connect with Other Investors in the “On The Market” Forums

Subscribe to The “On The Market” YouTube Channel

Avery's BiggerPockets Profile

Craig's BiggerPockets Profile

Craig's Facebook

Craig's Instagram

Craig's Website

Juliet's BiggerPockets Profile

Juliet's Instagram

Juliet's Brokerage Instagram

Juliet's YouTube

Juliet's Website

Mike's BiggerPockets Profile

Mike's Facebook

Mike's LinkedIn

Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-930

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

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

929: Spring Cleaning: Why We’re Selling Off Parts of Our Rental Portfolios Apr 04, 2024

Show notes

Why are David and Rob selling off parts of their rental portfolios? It’s a new season, and you know what that means—spring cleaning! And if you’ve got underperforming properties, a real estate business that’s just treading water, or employees who aren’t moving the needle, this is the episode for you. David and Rob are talking about “trimming the fat” of their portfolios and businesses, weeding out the bad expenses, and selling off their problem rental properties. And with spring being the best time to sell, you may want to consider doing the same.

First, we’re going through David and Rob’s real estate businesses—they’re talking about hiring, firing, starting new businesses, and when it’s time to slow INSTEAD of grow. Next, the investing duo takes a hard look at their portfolios, triaging the properties into winners, losers, and the ones that need a little love. If you’ve got a rental property that isn’t pulling in the numbers you want, now may be the time to sell!

But, if you’re going to sell some of your rentals, how do you use that money to keep building wealth? We’ll get into exactly what David and Rob are doing with the money from their problem rental properties and how they’re using it to multiply their cash flow even more. Don’t leave your portfolio collecting dust—you’ve got some spring cleaning to do!

In This Episode We Cover

When it’s time to sell your rental properties (and how to know they’re underperforming)

Why you should NOT start a new business until you evaluate THIS

Hiring, firing, and how to know it’s time to cut back your business expenses

The real reason you need to visit your properties more often (Rob’s BIG mistake)

Return on equity (ROE) and why you need to keep track of this crucial metric

David’s potential move and why he may be leaving the Golden State behind

And So Much More!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-929

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

928: 124 Units in 4 Years by Only Investing in Small Towns and Tiny Markets w/Dylan Osmon Apr 03, 2024

Show notes

In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units. How’d he do it so quickly? Before we answer that, we’re going to make this a little more impressive. Dylan isn’t buying in the big cities with tons of inventory going on the market every week—he’s been buying in tiny towns that you and almost everyone else listening to this have never heard of. And he may have struck gold by doing so.

Dylan acquired his first investment property right before the lockdowns. Then, after closing, he quickly realized that this was the worst rental property he could have bought. It had everything—low rents, tenants who never paid, and, to top it off, a cesspool of human waste in the crawlspace—everything you need for a deal gone wrong. He quickly got control of this nightmare rental, flipping it and walking away unscathed. But now, he had to start back from square one, this time with new knowledge.

Over the next few years, Dylan made it his mission to build multiple income streams, so every dollar he made went into new deals. He eventually met partners that would help him scale even quicker and learned the secret to finding the best off-market properties—don’t worry, he shares it in this episode! Now, he’s got over one hundred rentals across three small markets, and if you copy his strategy, you could too!

In This Episode We Cover:

Why you CANNOT overlook small markets when investing in real estate

The #1 best way to find off-market real estate deals in any area

How much emergency reserves you should have on hand at ALL times

Investing in real estate with no money by finding the deal FIRST

Scaling your real estate business faster so you don’t have to do so much of the work

The risk of having only a W2 salary and just one income stream

And So Much More!

Links from the Show