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

Hear Henry on The “On the Market” Podcast

Henry's BiggerPockets Profile

Henry's Instagram

Try the Rental Property Calculator on Your Next Real Estate Deal

Books Mentioned in the Show

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

Rich Dad Poor Dad by Robert Kiyosaki

Wealth without Cash by Pace Morby

Connect with Lacey

Lacey's LinkedIn

Connect with Sam

Sam's BiggerPockets Profile

Sam's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-898

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897: Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market Feb 20, 2024

Show notes

Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties. Whether you plan on keeping them or giving them to your children later in life, rental properties are one of the best ways to secure generational wealth for your children, their children, and many generations to come. But how do you give your kids everything while ensuring they stay hard-working, frugal, and financially savvy? We’re gonna show you how.

Welcome back to Seeing Greene, where David, Rob, and special guest James Dainard answer your legacy-building questions. First, Falisha wants to know how to create generational wealth for her children. James gives an interesting take on why he’s NOT giving his kids rental properties but doing something that’ll make buying a home MUCH easier when they come of age. An investor on the BiggerPockets forums asks when to put appreciation over cash flow, an almost-financially-free investor wonders when he should go full-time into real estate, and a young investor wants to know how to start investing in real estate when his local market is too expensive.

Want to ask David a question? If so, 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 jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

How to start creating generational wealth and set your kids up for LIFE!

Getting around estate taxes by putting your assets in a trust

Cash flow vs. appreciation and when breaking even is actually a major win

When to leave your job to become a full-time real estate investor (think TWICE about this)

The easiest way to start investing in real estate, especially when you have little money or experience

Investing in townhomes and the one BIG expense most investors overlook

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 James on The “On the Market” Podcast

David's BiggerPockets Profile

David's Instagram

Rob's BiggerPockets Profile

James' BiggerPockets Profile

James' Instagram

The Renovations That’ll Instantly Increase Your Home Value w/James Dainard and Jessie Rodriguez

Connect with Falisha

Falisha's Instagram: @falisha_rexford

Falisha's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-897

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

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896: The Renovations That’ll Instantly Increase Your Home Value (Part 1) w/James Dainard and Jessie Rodriguez Feb 19, 2024

Show notes

Which home renovations will boost your property’s value and put you in a better position to sell? Or, if you’re not selling, how do you rake in even more equity during a hot housing market? If you have some time, a bit of money, and the knowledge from this episode, you can instantly increase your home value through some standard home renovations. But we’re not just talking about replacing the roof (although we DO talk about that); we’re getting into the nitty gritty of exterior home renovations that’ll truly make you richer.

So, how did we come up with the best bang-for-buck home renovation list? Easy—we didn’t! We just asked pro flippers James Dainard and Jessie Rodriguez to do it for us. Both of these investing veterans have flipped hundreds of houses. They know what’s worth the cost and, more importantly, what isn’t. Together, they drop some time-tested gems on the home renovation hit list that’ll turn your outdated home into an up-to-date masterpiece and bring about bidding wars.

Stick around because we’re going to share the renovations that will give you a 100% ROI, the easy fixes that, when not addressed, can cost you tens of thousands, and the simple upgrades that’ll make your home stand out from the competition!

In This Episode We Cover:

The best bang-for-buck home renovations that will increase your property’s value

The 100% ROI renovation that most flippers will overlook but buyers LOVE to see

How to avoid paying a HUGE seller concession by upgrading this key part of your home

David’s most hated part of a home that has ruined many past deals for him and his clients

Termites, dry rot, and how to take care of them in a cheaper, better way than calling the pest control company

The simple exterior upgrade that makes your home stand out when selling

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 James on The “On the Market” Podcast

David's BiggerPockets Profile

David's Instagram: @davidgreene24

Unbelievable Returns from Flipping This New Type of Real Estate

Did High Interest Rates Kill House Flipping?

Connect with James

James' BiggerPockets Profile

James' Instagram: @jdainflips

Connect with Jessie

Jesse's Instagram: @jessierodriguez

Jesse's LinkedIn

Jesse's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-896

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

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895: BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs w/Natalie Ambrosio Preudhomme Feb 16, 2024

Show notes

The climate crisis is already here, and the cost of real estate is being directly affected. Insurance premiums are skyrocketing, costs to build are rising, and your reserves need to be bigger than ever. Tornados, hurricanes, fires, and floods threaten your properties, so how do you protect yourself from what’s coming? Where are the least-affected areas, and how do you ensure your rental property portfolio doesn’t go up in flames or get drowned out by the rising tide?

Moody’s Analytics’s Natalie Ambrosio Preudhomme is on this BiggerNews to talk about one thing—climate catastrophes. Natalie spends her days looking through data on the financial implications of climate risk and how she can better help real estate investors navigate around or outright avoid the most devastating effects to come. Plus, researching what you can do to prevent property damage if you're in an at-risk area.

Natalie outlines how climate risk will force more local governments to increase regulations (and fines), the safest investing areas in the country, and whether the sky-high insurance premiums can continue. Whether you’ve got rentals, commercial real estate, or just own your own home, these risks WILL affect you, so pay close attention to Natalie’s insight.

In This Episode We Cover:

The financial implications of severe climate risk that go FAR beyond just rising insurance prices

New government-enforced emission regulations that will affect businesses

The areas of the country that will be least exposed to rising climate risk

The skyrocketing price of insurance premiums and why Natalie says something’s got to give

Could the cost of construction rise as new energy-efficient homes become the standard?

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

Dave's Instagram

Climate Change: Why Top Investors Are Paying Attention (and You Should Too)

Stay Up-to-Date with Moody’s CRE Research

Connect with Natalie

Natalie's LinkedIn

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-895

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

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894: How to Buy a Rental Property in 90 Days (or Less!) Feb 15, 2024

Show notes

Here’s exactly how to buy your first rental property in ninety days or less. And guess what? You don’t need ANY real estate investing experience to do it. After watching this episode, you’ll be able to find rental properties, analyze them to ensure they’re profitable, and fund them so YOU can start building financial freedom. And whether you want two investment properties or twenty, these are the EXACT steps you’ll need to accomplish your goal.

If you’re dreaming of passive income, financial independence, or throwing your alarm clock out the window, this is the place to start. Dave Meyer, BiggerPockets VP of Market Intelligence, went from waiting tables to making mailbox money EVERY month by investing in real estate over the last decade. Now, Dave lives abroad, doing what he loves and having more than enough passive income to support his lifestyle. He’s giving YOU the beginner steps to start building your own wealth through real estate and showing YOU how to buy your first rental property in just ninety days.

Want to supercharge your real estate investing and reach your goals faster? Sign up for BiggerPockets Pro and use code “24CHALLENGE” for a special discount and to unlock unlimited rental property calculator usage, landlord lease agreements, exclusive bootcamps, and more!

In This Episode We Cover:

How to buy your first rental property in ninety days or less

The three beginner steps to investing in real estate successfully

How to achieve financial freedom through rental properties (just like Dave!)

The EASIEST way to find great rental properties in your area

How to analyze a rental property in just minutes using the BiggerPockets Rental Property Calculator

The BIGGEST challenge real estate investors face (and how to get around it)

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

Dave's Instagram

Rental Property Calculator

BiggerPockets Tools Mentioned in Today’s Video:

Rent Estimator

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-894

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

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893: 2024’s New BRRR Strategy: BUILD, Rent, Refinance, Repeat w/Natalie Cloutier Feb 14, 2024

Show notes

Though only in her thirties, Natalie Cloutier has built a nine-million dollar real estate portfolio with just eight properties. Her secret to success? The “build-to-rent” strategy that so many real estate investors won’t even consider. Most investors feel that the building process is too complicated, expensive, and requires too much effort to be worth the time. But what if this “build-to-rent” strategy allowed you to create your own profitable deals, make massive amounts of equity, and build wealth even in a highly competitive market?

After her parents shared their secret strategy to build wealth, Natalie realized that building rentals, not buying them, was her ticket to financial freedom. But how could she get started? She was a fresh college graduate with no money to her name. Thanks to a no-money-down construction loan, Natalie built her first rental property, a house hack, which ignited her multimillion-dollar real estate portfolio.

In today’s show, she shares her “super secret method” to “building” wealth with the build-to-rent strategy, how to CREATE your own deals in ANY market, what you can expect to pay for a new construction home, how to find land to build on, and the biggest challenge that stops most investors from getting started (you CAN get around this!). Plus, how she’s doing it all in Canada’s unbelievably unaffordable housing market.

In This Episode We Cover:

The build-to-rent strategy and why building trumps buying in 2024

The EASIEST way to get into new construction (copy Natalie’s move!)

How much you can expect to put down when building a new construction rental

Tips to make your new construction rentals cost-effective and save tens of thousands

Where to find land to build on (it’s not as hard as you think)

The one move that will make building a rental MUCH easier for you

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

4 Vital Points to Consider BEFORE Getting Into New Construction

How Much Does It Cost To Build A House?

Dave's Instagram: @thedatadeli

Henry's BiggerPockets Profile

Henry's Instagram: @thehenrywashington

Natalie's BiggerPockets Profile

Connect with Natalie:

Natalie's Instagram: @thenewbuildcouple

Natalie's Website

Grab Natalie's "Build & Hold Strategy E-Guidebook"

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-893

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

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892: Seeing Greene: How to Retire with Real Estate and Negotiate Your Loans Feb 13, 2024

Show notes

It’s not too late to retire with real estate, EVEN if you’re just getting started in your late fifties or have NO experience investing. On this Seeing Greene, David gives his take on what someone with no rentals (or real estate at all) can do with their retirement accounts to successfully retire on real estate. But maybe you have a bit more experience or aren’t such a late starter. Don’t worry, we’ve got plenty for you too.

We’re back as David takes investing questions directly from listeners just like you. In this Seeing Greene episode, a house hacker asks whether he should take out a HELOC or hard money loan to get his next deal done. A late starter wonders what she can do to retire with real estate, even with zero experience investing. David shows YOU how to negotiate with your lender to get a better rate or term on your home loan and use “portfolio architecture” to put your “lazy” equity to work so you build wealth faster!

Want to ask David a question? If so, 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 jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover

HELOCs vs. hard money loans and the not-so-obvious way to fund your next deal

How to retire with real estate as a later starter with no experience in rental property investing

Buying a house in all-cash and why now may be the perfect time to do so (if you can!)

Negotiating loan terms with your bank/lender and how to get a lower rate and better terms

Portfolio architecture and how to use your equity to design a rental property portfolio that produces the most wealth possible

And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-892

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

891: How to Negotiate a Deal When It's Under Contract Feb 12, 2024

Show notes

We’re about to share the secrets NO seller wants you to know about. These secrets could save you tens of thousands of dollars on your next home purchase, and most buyers have no clue about them. In fact, these secrets are so rarely used that most agents don’t know how to take advantage of them until it’s too late. Today, we’ll unlock the best-kept negotiation secret in real estate investing: negotiating AFTER your offer has been accepted.

New investors and first-time homebuyers think the time to negotiate is BEFORE their offer gets accepted, but this couldn’t be further from the truth. Once an offer is accepted, buyers unknowingly gain a TON of leverage—leverage that can be used to get seller credits, a reduced purchase price, concessions, and more. And this isn’t just some negotiation theory that works only in psychology textbooks. David has used these tactics NUMEROUS times to save his clients thousands of dollars and get them EXACTLY what they want out of the seller.

And if you’re a seller, the reverse works in your favor. Knowing these negotiation tactics can help you STOP buyers from taking control once you’re under contract, giving you the upper hand while they struggle to find faults in your house. So, if you’re about to buy a property, are under contract right now, or WANT to invest in the future, these negotiation secrets MUST be followed to score a great deal.

In This Episode We Cover:

How to negotiate a real estate deal when you’re ALREADY under contract

The two stages of negotiation that most buyers/sellers have zero clue about

Home inspection red flags that CANNOT be ignored (and can get you HUGE seller credits)

The one thing you never, EVER ask a seller to do when under contract

Seller disclosures 101 and what sellers must tell you about a home before you buy

How to get a lower price, seller credits, or concessions while mid-contract

The one thing sellers should ALWAYS do (but DON’T) before they accept any offer

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

David's BiggerPockets Profile

Ask David Your Question

David's Instagram

Rob's BiggerPockets Profile

Books Mentioned in the Show

SOLD by David Greene

SKILL by David Greene

SCALE by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-891

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

890: 100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall Feb 09, 2024

Show notes

The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal? We’ve got Brandon Hall, CPA, on to break down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars.

Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss, so you keep your cash flow while avoiding taxes. But bonus depreciation is like regular depreciation on steroids. And the tax benefits can be massive.

So, how do you take advantage of this huge tax write-off? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around!

In This Episode We Cover:

Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in

The high-priced coastal market that we love…but wouldn’t buy rentals in

A snowy northeast market that has low prices and big rent-by-the-room potential

A sleeper city with a big price tag but solid investing benefits

The not-so-sexy market that made the number-one spot and surprised us all

Unemployment rates, home prices, average rents, and top metrics you MUST check before investing

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

Henry's BiggerPockets Profile

Dave's Instagram

Henry's Instagram

James' BiggerPockets Profile

James' Instagram

Kathy's BiggerPockets Profile

Kathy's Instagram

What Is Bonus Depreciation And How Does It Work?

What is Rental Property Depreciation & How to Calculate It

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

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-890

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

889: How to Build Generational Wealth Without Losing it Along the Way w/Whitney Elkins-Hutten Feb 08, 2024

Show notes

Want to learn how to create generational wealth? You know, the type of wealth that your children’s children’s children’s children can rely on. The type of wealth that allows your family to live a life of financial freedom, pursue their passions, and make a real impact on the world without having to sit behind a cubicle or screen all day long? That’s the wealth Whitney Elkins-Hutten is teaching you how to build in today’s episode.

After achieving financial independence for herself and her family through real estate, Whitney knew that she didn’t want her knowledge to go to waste. So, she developed a wealth-building blueprint for her daughter, which became her new book, Money for Tomorrow. In it, Whitney teaches you how to build a wealth legacy that will endure for generations to come and ensure that your descendants won’t gamble or spend away your life’s work.

To protect your generational wealth, Whitney walks us through the four financial “horsemen” that will drain your savings, crush you with taxes and fees, and lead you to financial ruin. So, if you want to ensure your wealth is built to last and will be there for generations, stick around for this episode and pick up your copy of Money for Tomorrow using code “MFTPOD” for a special discount!

In This Episode We Cover:

The generational wealth-building blueprint that anyone can follow to find financial freedom

The four “horsemen” that are coming to take your wealth when you’re not looking

Using insurance the right way to guard your health, wealth, and assets

Why you need to stop focusing on making money and START focusing on saving money

How to use the tax code to owe less to the IRS every year

The MASSIVE investment fee that you don’t even notice you’re paying for

How to pass on generational wealth to your children, their children, and beyond

And So Much More!

Links from the Show