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 Dave on The “On the Market” Podcast

Watch Dave on the “On The Market” YouTube Channel

Grab the “First-Time Home Buyer” Book from BiggerPockets

Connect with Jeff:

Jeff's Instagram

Jeff's LinkedIn

Jeff's Website

(00:00) Intro

(01:12) 100% Financing For Your FIRST Home?

(06:28) How These Loans Work

(11:40) The Problem with FHA Loans?

(14:35) Getting a Lower Mortgage Rate

(25:30) Low Money Down Multifamily Investing

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-939

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938: Scaling from 0 to 20+ Doors Using These "Self-Management" Tools & Tips w/Amelia McGee and Grace Gudenkauf Apr 17, 2024

Show notes

If there’s one thing that’ll make or break your real estate portfolio, it’s property management. When done correctly, property management can feed you consistent, passive income without the everyday stressors of being a landlord. Whenever you hear people talking about bad tenants, midnight phone calls, or surprise maintenance problems, they’re really talking about property management gone wrong. So, how does a rookie real estate investor, with even just one rental property, start managing the right way so they can scale their portfolio faster?

Amelia McGee and Grace Gudenkauf, authors of The Self-Managing Landlord, did it all wrong initially. They were picking up every tenant phone call, placing every service request, taking rent payments every which way, and here’s the thing—none of it was working. As they scaled their portfolios, things only got more difficult until finally, one day, they stopped and developed a system, and like that, their businesses took off.

Now, only a few years into real estate investing, both Amelia and Grace have dozens of rental units to their names and less stress than ever before. How did they do it all WITHOUT hiring everything out to a property manager? In today’s show, they’ll share the self-managing principles they used to explode their rental portfolios while staying sane! And if you’re a new investor or are about to be one, these tips could save you YEARS of headaches!

In This Episode We Cover:

Why EVERY real estate investor should be self-managing when building their portfolio

How to start building your property management “system” that’ll save you HOURS a week

What brand new investors NEED to start doing once they have their first property

Three apps/software that every real estate investor should have

Tenant selection 101 and simple mistakes that could cost you months of rent

How to know it's time to start outsourcing and signs you need some help

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

Henry's BiggerPockets Profile

Henry's Instagram

Rookie Podcast 111 - 26 Doors in 1 Year? Here’s How You Can Do It Too! w/Amelia McGee

Rookie Podcast 161 - Using Calculated Risk to Acquire 17 Doors In Under a Year (at Age 24!) w/ Grace Gudenkauf

Self-Management vs. Property Management Company: What’s Right for You?

Book Mentioned in the Show

The Self-Managing Landordby Amelia McGee & Grace Gudenkauf

Connect with Grace & Amelia:

Amelia's Instagram

Grace's Instagram

Amelia and Grace's Website

(00:00) Intro

(01:48) EVERYONE Should Self-Manage

(04:06) How Bad Management Burns YOU

(09:31) Start Doing This NOW

(14:08) Tips for Your First Rental Property

(19:26) 3 Apps/Software You Need

(22:44) Tenant Selection and Screening

(26:56) Outsourcing vs. DIY

(32:21) When to Hire it Out

(36:11) Grab the Book!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-938

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937: Seeing Greene: Paying Off Rentals, Estimating Crime, & Replacing Your Salary Apr 16, 2024

Show notes

Should I pay off my rental property or reinvest? How do I replace my six-figure salary with cash flow from real estate investing? And what’s the best way to analyze crime BEFORE I invest in an area? You asked, and we’re here to answer on this episode of Seeing Greene as we take questions from rookie real estate investors, veterans in the rental property game, and everyone in between. If you want to scale your portfolio faster or quit your job with real estate, this is the place to be!

First, we take a question from a high-earner asking whether they should pay off their rental properties OR use their extra money to build a bigger portfolio faster. A fledgling house hacker wants to know the best way to analyze an investing area for crime now that many online listing websites have taken down this data. A business owner is struggling to find real estate write-offs and asks for help, and a rental property investor needs to know which commercial real estate investment boasts the biggest cash flow. Finally, an anonymous question comes in from a techie who’s about to lose their job. How can they replace their six-figure income with rental properties fast?

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:

Whether to pay off your mortgages early or reinvest to build a bigger portfolio

Replacing your salary with real estate income and why you may want to get a job instead

How to analyze an investment area for crime with limited online data

The short-term rental tax loophole that could save you a TON on taxes

Will an ADU (accessory dwelling unit) add value to your property on an appraisal?

Cash-flowing commercial real estate investments and why top investors pay attention to something else

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 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

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

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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

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

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.

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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