BiggerPockets Real Estate Podcast

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Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust

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Investor Spotlight: From USMC to FIRE With Just 5 Properties Featuring Dion McNeeley

Connect with Dion

(00:00) Intro

(01:42) Low Income, High Debt, Lots of Responsibility

(05:33) $21,000/Month Portfolio!

(08:20) Have FEWER Rentals

(11:51) 1. DON'T Raise Rents

(18:18) 2. End Leases in the Winter

(21:05) 3. DON’T Buy Near Good Schools

(26:45) 4. DON’T Diversify

(29:59) 5. DON’T Use LLCs

(32:29) 6. Buy in BLUE States

(37:30) 7. Value-Add Isn’t Worth It

(40:23) Be Like Dion!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1085

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‘Building’ 7-Figure Wealth with ONE Very Lucrative Rental Property Feb 17, 2025

Show notes

Though only five years into his rental property investing career, David Rosenbeck is making a seven-figure wealth-building move. If it all pans out, he’ll be one million dollars (or more) richer, with a brand new investment property that’ll spit out $7,000 cash flow monthly! This is a DREAM real estate deal that any investor wishes they could get their hands on…but here’s the thing: anyone can do this, and you can 'build' your own deal from scratch!

After making $100,000 in his first 18 months of investing, David knew he had a knack for real estate investing. He was a nurse practitioner and in no way wanted to give up his sizable six-figure salary, but he knew he wanted to scale his real estate portfolio in a big way. The problem? Deals are hard to come by, and David’s main strategy—medium-term rentals (renting to traveling nurses)—was getting saturated. So, he searched for something new and landed on a big opportunity: build his OWN short-term rental in one of the hottest destinations in the US but build it specifically to beat the competition.

He found the money and the dirt to build on and is off to the races—keeping his small portfolio while taking a big risk for a massive reward: a million-dollar equity upside if he pulls it off. Want to hear how you can create your own seven-figure opportunity? David is sharing, step-by-step, exactly how he did it!

In This Episode We Cover:

How David is ‘building’ a seven-figure equity-upside real estate deal

Using other people’s money to invest in real estate (and how to do it the RIGHT way)

How David scaled from zero to eight rentals in just three years

The bright side of short-term rental regulations and the market that David feels very confident in

How to find a builder/developer for your first new construction rental property (and vet them BEFORE you start!)

And So Much More!

Links from the Show

Apply to Be a Podcast Guest

Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust

Save $100 on Real Estate’s Biggest Event of the Year, BPCon2025

Grab the Book “Raising Private Capital”

Real Estate Rookie 273 - Making $100K in 18 Months with “Misfit” Medium-Term Rentals w/David Rosenbeck

Connect with David Rosenbeck

(00:00) Intro

(01:44) Nurse Practitioner Turned Investor

(06:02) 8 Rentals in 3 years!

(09:34) Ditching Medium-Term Rentals for…

(14:27) Development Details

(16:48) Building the Perfect Property

(24:21) Finding Your Builder

(26:51) How Much He’ll Make

(30:34) Become a BiggerPockets Guest!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1084

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Feb 2025 Housing Market Update: Are Our Predictions Already Wrong? Feb 14, 2025

Show notes

The 2025 housing market has already defied most expectations, but a worrying “shift” could throw everything off track. Home prices keep rising in every major metro—even with interest rates stuck in the sevens. It seems that nothing can stop the wave of demand hitting home sellers even as affordability reaches lows we haven’t seen in decades. But what could be the housing market’s kryptonite—the one thing that could lead to lower prices and distress in the market?

Today, we’re giving you a Q1 housing market update with the latest data coming in from January 2025, sharing must-know metrics about home sales, prices, mortgage rates, buyer demand, and even mortgage delinquencies.

Is Dave already off on his 2025 housing market predictions? He could be, as housing has seen unexpected strength despite last year’s big election, inflation rising once again, and interest rates more than double what they were just a few years ago. Will we see mortgage rates (and prices) drop at any point this year? What’s the one thing that could flip this housing market? We’re getting into the mystery metric you MUST watch to know what’s coming next.

In This Episode We Cover:

A Q1 2025 housing market update: prices, rates, demand, inventory, and more!

One troubling metric that could spell pain for the housing market in 2025

The markets where inventory is exploding, but does that mean prices will fall?

Is there a chance that mortgage rates will drop this year, or has the Fed paused for good?

The often overlooked (and cheap!) real estate markets seeing sizable home price appreciation

And So Much More!

Links from the Show

Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations

Reserve Your Spot at BPCON2025 and Get $100 Off Your Ticket

Grab Dave’s Book, “Start with Strategy”

New Tariffs Mean Much More for Mortgage Rates Than You Think

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1083

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Is NOW the Time to Get Back Into Airbnb? Feb 12, 2025

Show notes

Is now finally the time to get back into Airbnb investing? We all knew about the Airbnb bubble that formed shortly after lockdowns. With low interest rates and local vacationing exploding, everyone wanted to cash in on the short-term rental craze. The result? Inexperienced hosts flooded the market with half-baked Airbnb listings, leading to an oversaturation in vacation rentals and stricter short-term rental laws. But things are beginning to change.

Avery Carl, arguably the most knowledgeable short-term rental investor in the country and author of Smarter Short-Term Rentals, has NEVER sold a vacation rental due to poor performance. In fact, she’s stayed booked and busy while new short-term rental investors struggle to fill their units. How does she do it? And why does she think now is the time to double down on traditional vacation rental markets?

Avery gives her expert advice on where (and what) to buy, how to boost your Airbnb bookings even in crowded markets, and why you don’t need every amenity under the sun to attract guests. Plus, why are Airbnb bans a good thing? Avery shares why some investors will thrive while others fight to survive in the new short-term rental space.

Take advantage of the new Airbnb upside with Avery’s book Smarter Short-Term Rentals.

In This Episode We Cover:

Short-term rental market update and why Avery believes “stabilization” is here

Why newbies are too scared to get into Airbnb investing (and how you can take advantage)

Picking an Airbnb market and why you can’t follow the “top markets” lists

What to do if your short-term rental is underperforming and you can’t get guests

Are Airbnb bans a good thing? Which markets will benefit because of it?

And So Much More!

Links from the Show

Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust

Grab Avery’s New Book, “Smarter Short-Term Rentals”

How to Analyze a Short Term Rental Investment (The Enemy Method)

Connect with Avery

(00:00) Intro

(01:43) Short-Term Rental Market Update

(04:54) Newbies Scared Off?

(06:52) What to Buy Right Now

(09:52) Picking an Airbnb Market

(12:10) RELAX with the Amenities

(17:42) Is Your Airbnb Underperforming?

(23:57) Future of Short-Term Rentals

(27:45) Grab Avery’s Book!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1082

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Regular Investor Makes $1.5M by Recognizing This Rare “Upside” on Her Rental Feb 10, 2025

Show notes

Imagine making $1,500,000 on one regular real estate deal. We’re not talking about a huge apartment complex or commercial real estate investment. $1,500,000 on a single-family home purchase. How is that even possible? Dina Onur is more than a million dollars richer after spotting one rare real estate investing “upside” at the closing table. And the best part? She’s just a regular, everyday investor.

Dina runs her own home healthcare business and is a mom of three, but she decided, “I’m not busy enough; let’s start buying (and renovating) rentals!” So, that’s exactly what she did. Her clients routinely had houses to sell, so instead of passing them along to real estate agents she knew, Dina made the jump, buying a triplex to test her hand at rental property investing. She did a BIG renovation but created some serious sweat equity as a result. The next rental? Double the size—a six-unit investment property.

But, none of these compare to the one deal that is making her over a million dollars. This was such a rare find that Dina was offered hundreds of thousands of dollars over the asking price to sell it to other investors. She refused, and if you can find a property like hers, you too could make a seven-figure profit on your next real estate deal.

In This Episode We Cover:

How Dina made $1,500,000 on a real estate deal everyone else overlooked

Pulling yourself up from bankruptcy to rebuild your financial life

The one reason you ALWAYS check the zoning of a property before you buy

Why Dina refuses to invest in single-family homes and sees them as too risky

Using a HELOC (home equity line of credit) to fund your home renovations

Financing new construction and a sneaky way to get around the massive down payment

And So Much More!

Links from the Show

Save $100 on Real Estate’s Biggest Event of the Year, BPCon2025

Invest in High-ROI Turnkey Rentals with Rent to Retirement or Txt REI to 33777

Buy the BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat”

Find Investor-Friendly Lenders

10 Hidden Ways to Buy Properties with Huge “Upside”

Connect with Dina

(00:00) Intro

(00:55) Young Business Owner to Bankruptcy

(02:17) Accidentally Finding Real Estate

(06:41) Finding Her First Deal

(09:29) Huge Renovations, But BIG Rewards

(17:12) Tearing Down Her House for This?

(20:12) Making $1.5M on One DEAL!?

(26:19) What's Next?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1081

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How to Buy Your First Out-of-State Real Estate Investment (Step-by-Step) Feb 07, 2025

Show notes

Out-of-state real estate investing is making a comeback, becoming one of the best investing strategies of 2025. Why? Home prices in most coastal markets have exploded, forcing investors in pricey areas to look elsewhere for real estate deals that work. Thankfully, America is a big country with plenty of profitable real estate markets, so even if you’re priced out of your own area, you can still invest elsewhere.

So, how do you start? What should you do going into a new market as a new investor? Kathy Fettke is returning to the show as our resident long-distance real estate expert, showing you how to buy out-of-state investment properties in just a few simple steps. Anyone (and we mean ANYONE) can follow these steps to purchase a profitable property from a distance, even if it’s your first rental.

We’re giving you an exact roadmap of everything you need to know: how to choose markets, find deals, analyze them, get property management, and start renting them out even if you live thousands of miles away.

In This Episode We Cover:

How to pick an out-of-state investing market and whether you need to visit it first

Analyzing deals from a distance and key factors to get right (insurance, property taxes, and more)

How to buy a house sight unseen, EVEN as a beginner investor

The one type of rental property Kathy says you should buy for your first rental

What to tell a property manager as soon as you close on your first long-distance rental

And So Much More!

Links from the Show

BiggerPockets Market Finder

Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations

Grab the Book on “Long-Distance Real Estate Investing”

Should You Invest Locally or Long Distance?

Connect with Kathy

(00:00) Intro

(01:31) Why Invest Out of State?

(05:51) 1. Pick (and Visit!) Markets

(11:00) Meet with Agents/Property Managers

(15:17) 2. Define a "Good" Deal

(17:16) Buy New/Turnkey?

(20:45) Know Your "Advantage"

(23:43) 3. Make an Offer

(27:47) How to Buy Sight Unseen

(30:18) 4. Close and Manage the Rental

(33:22) Reviewing the Steps

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1080

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How to Capture the “Upside” in the 2025 Housing Market Feb 05, 2025

Show notes

How do you get higher rents, more appreciation, and bigger returns from real estate investing in 2025? It’s easy—copy the experts. They’re doing it over dozens of deals, so why not apply their same tactics to your properties? That’s precisely what we’re sharing in today’s episode—the “upside” tactics ANYONE can use on ANY investment property to create more cash flow, better equity upside, and make their future selves richer.

Last week, we discussed the ten different “upside” investing tactics you can use in 2025 to boost your real estate returns. Today, we’re walking through six of them, in-depth, with investing experts Ashley Kehr and James Dainard. Ashley has been investing in rentals for over a decade, seeing basic properties become home-run rentals over time. James has made millions of dollars flipping houses with HUGE “upside,” he’s teaching you how to do the same, even if you’re only buying rentals.

We’re walking through our favorite “upside” strategies and how to spot the properties that have multiple "upsides" for investors. Follow these steps, and in a few years, the properties you buy in 2025 could become your best investments yet!

In This Episode We Cover:

Why you CAN’T just focus on today’s rent prices/cash flow and how basic properties can become cash flow kings

The “rocket fuel” James used to explode his net worth and real estate portfolio

Hidden zoning opportunities that most homebuyers have no clue about (MASSIVE price appreciation potential)

How to pinpoint the “path of progress” so you know exactly where to buy

Why putting more cash down on a real estate deal is such an underrated move

And So Much More!

Links from the Show

The Best Markets to Buy Rental Properties Right Now (2025)

Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIG

Grab Dave’s Book, “Start with Strategy”

Find Investor-Friendly Lenders

BiggerPockets Real Estate 1075 - 10 Hidden Ways to Buy Properties with Huge “Upside”

Connect with Ashley

Connect with James

(00:00) Intro

(03:50) Make Your Future Self Rich

(05:07) Which Properties to Buy?

(09:20) 1. Rent Growth

(13:24) 2. Value-Add

(14:49) 3. Zoning Opportunities

(19:11) 4. More Equity, Less Debt

(22:14) 5. Path of Progress

(26:33) 6. Learning (and Earning)

(29:26) Find YOUR Upside

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1079

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The Repeatable “Stack” Method to Buy Rentals Faster (and with Less Money) Feb 03, 2025

Show notes

One of the most repeatable, scalable ways to build a real estate portfolio is using “The Stack” method. This investing strategy allows you to slowly scale your real estate using low-money-down loans, turning one down payment into multiple properties. It’s one of the smartest, safest ways to build wealth, but it’s almost been forgotten. Today, we’re talking to an investor reviving “The Stack,” using it to build an eight-rental real estate portfolio starting with just $15,000.

Like most investors, Connor Anderson had barely enough money to close on his first house, a condo. He scrounged together just $15,000 to buy his first property and immediately began to rent out the other rooms. But this was just the beginning for Connor.

Over the next few years, Connor slowly turned the rent savings from that one condo into a single-family house, a duplex, and now a fourplex, which he is still house hacking in. The best part? Those properties he used to live in are now cash-flowing rentals WITH equity, which he has used to buy more properties. This is “The Stack” method done the right way, and if you want to safely, slowly, and steadily grow your rental portfolio without a ton of money, this is how to do it.

In This Episode We Cover:

“The Stack” method and how to use it to build a rental portfolio with little money

Why you DON’T need to rush building a real estate portfolio to be successful

One investing area that both Connor and Dave are very bullish on

How Connor scored a zero-dollar-down, off-market duplex

Interest rate buydowns and other strategies to create cash flow in 2025

And So Much More!

Links from the Show

Maximize Your Real Estate Investing with a Self-Directed IRA

Grab the Book “The House Hacking Strategy”

The Stack: The Perfect Blueprint for Scaling Quickly in Real Estate

Connect with Connor

(00:00) Intro

(02:36) First Deal for $15,000 (Condo)

(08:23) Home Run Rental for 5% Down (House)

(12:03) Off-Market $0 Down Duplex

(17:36) The “Stack” Method

(23:20) “Turnkey” 5% Down Fourplex

(25:58) How to Find Cash Flow in 2025

(29:00) Best Area to Buy?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1078

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4 Cities Where You Can Live for Free in 2025 Jan 31, 2025

Show notes

One of the best ways to “live for free” is a strategy almost every successful real estate investor uses at some point in their journey: house hacking. You’ve probably heard of it before—house hacking allows you to significantly reduce (or eliminate) your mortgage/rent payment, so your housing cost hits rock bottom or even zero. This helps you save more money every month, invest faster, and reach financial freedom after a short (but worthwhile) period of sacrifice.

Which US markets are best for house hacking, getting a great job, and paying next to nothing for housing? We’re presenting four of the best house hacking markets in the country, some of which you’ll probably be tempted to move to. These markets all have lower home prices but respectable wages, things to do, and great rents for you to collect.

Who better to judge these markets than the man who wrote The House Hacking Strategy, Craig Curelop? Data scientist Austin Wolff is pitching these four real estate markets to Craig and Dave as the house hacking duo votes on whether they’d move to that market to house hack or stay put where they are.

In This Episode We Cover:

How to reduce (or eliminate) your monthly mortgage/rent payment with house hacking

The different levels of house hacking (comfort vs. profitability)

What makes a market worthwhile to house hack in (it ISN’T just about the money)

A mountain biking capital with booming job growth and low home prices

A “smart-grid” affordable city close to two major markets

Great jobs, an excellent airport, solid schools, and strong growth from this underrated southern market

Buying a house for under $300K in this city with a sports atmosphere

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

Grab Craig’s Book “The House Hacking Strategy”

The 10 Best Markets for Your First House Hack

Connect with Austin

Connect with Craig

(00:00) Intro

(01:57) What is House Hacking?

(05:11) Should You Move to House Hack?

(07:51) 1. Fayetteville, Arkansas

(11:59) 2. Chattanooga, Tennessee

(15:39) 3. Charlotte, North Carolina

(20:08) 4. Indianapolis, Indiana

(24:56) How to Start House Hacking

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1077

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

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How to (Legally) Reduce Taxes with Real Estate + Crucial New Trump Tax Plans Jan 29, 2025

Show notes

The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investor Amanda Han on the show to break down the most crucial tax-saving tips for real estate investors. Plus, she sheds light on President Trump’s tax plan, how it could significantly benefit real estate investors, and what changes to watch for.

If you’re not taking advantage of write-offs like depreciation or boosting your retirement with tax-deferred real estate investing, you could be missing out on tens of thousands, if not hundreds of thousands, in tax savings. Keep more money in your pocket come tax day by following Amanda’s tips (you don’t even need a CPA to take advantage of some of these!).

Will Trump bring back the holy grail of tax deductions—100% bonus depreciation? Could he make “SALT” (state and local tax) deductions uncapped so you can lower your federal taxes even more? What about the other “tax-free” income source that could become a reality in President Trump’s second term? Amanda is sharing info on all of it so you can pay less taxes, keep more of your hard-earned money, and invest faster!

In This Episode We Cover:

The one massive real estate tax deduction that President Trump could bring back soon

One real estate write-off every single investor should take advantage of NOW

How to use your retirement accounts to buy real estate (and defer your taxes!)

“SALT” deductions and how this could significantly reduce your federal income taxes

Do you really need a CPA to take advantage of real estate tax deductions?

And So Much More!

Links from the Show