BiggerPockets Real Estate Podcast

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

House Hacking 101: What It Is and How to Get Started

Is Leveraging Really That Risky?

The 30-Something’s Guide to Financial Freedom

Tune into the “Creative Real Estate Podcast” with Jason

Connect with Jason:

Jason's BiggerPockets

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-824

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823: The Tax-Free Strategy Only Real Estate Investors Can Access w/Mitchell Baldridge Sep 26, 2023

Show notes

What’s the key to paying fewer taxes? A cost segregation study. Never heard of it? Most real estate investors haven’t, but we’re about to unlock a world of tax-free income earning using this specific tool. If you’ve wondered how the wealthy pay such few taxes while owning million-dollar-producing real estate, this is how. In today’s episode, you’ll learn how to use cost segregation, too, so you can keep more money in your pocket.

Taxes aren’t everyone’s favorite subject, but paying fewer taxes? You can probably get behind that. We’ve brought on CPA and CFP Mitchell Baldridge to explain how he helps real estate investors, large and small, delete their taxable income and build their real estate portfolios faster. Our own Rob Abasolo uses Mitchell’s team to cut his taxes down by more than six figures!

In this episode, we’ll explain what cost segregation is, why so many top real estate investors use it to lower their taxes, when you can (and can’t) use it on your properties, the short-term rental tax “loophole” to take advantage of, AND what happens when you do it wrong.

In This Episode We Cover:

How to wipe out your income taxes using cost segregation studies

Bonus depreciation and writing off your property faster than before

Using real estate losses to lower your W2 or business income

The short-term rental “loophole” ANYONE can use to reduce their taxable income

Carrying over losses and why top real estate investors will NEVER stop buying property

Caveats and pitfalls of cost segregation and when it can come back to bite you

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes

Can a Cost Segregation Study Help You Lower Your Taxes?

Connect with Mitchell:

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-823

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822: Seeing Greene: The 10-Year Real Estate Retirement Plan (Use Home Equity!) Sep 24, 2023

Show notes

If you know how to use your home equity, you can retire MUCH faster than most Americans. For the majority of homeowners, equity is just something to sit on, not something worth using. But what if you could convert your home equity into rental properties, cash flow, or even more appreciation? Where would you be in a decade if you used your equity to make even more equity in other properties? You could retire early, make more than you’ve ever imagined, and KNOW that your wealth is working FOR you.

It’s Sunday, and David remembered to turn his green light on…you know what that means. We’re back with another episode of Seeing Greene, where real estate investors, rookies, and business owners shoot some of their most pressing questions at David. In this show, a young business owner wants to know how to sell (without sounding salesy). Then David describes how to use your home equity to buy even more properties, the best way to pull "wealth" from your rentals, how to retire in ten years, and why no one talks about the “BEAF” strategy of real estate investing.

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 hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

How to retire in ten years (or less) by investing in rental properties in THESE areas

Turning your home equity into more real estate and investor-only loans most don’t know about

Extracting the wealth you’ve built without the tax man taking your gains

Rental property upgrades that are ALWAYS worth the money (and which to skip)

The new “BEAF” real estate investing strategy that says “NO” to cash flow

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

Subscribe to David’s YouTube Channel

BiggerPockets Podcast 798 with Alex and Leila Hormozi

BiggerPockets Podcast 810 with Greg Harden

BiggerPockets Podcast 827 with Keith Everett (Coming Soon!)

BiggerPockets Podcast 663 with Oren Klaff

Book Mentioned in the Show

Pillars of Wealth by David Greene

The Small and Mighty Investor by Chad Carson

SCALE by David Greene

Pitch Anything by Oren Klaff

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-822

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

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How to Buy Your FIRST Rental by The End of THIS Year (Step-by-Step Plan) Sep 23, 2023

Show notes

If you listen to this episode, you’ll be able to buy a rental property in the next ninety days. That means by the end of 2023, you could have passive income flowing in and equity building on your behalf. But how do you get there, especially during a tough housing market like we find ourselves in today? Don’t worry; we’ll give you a step-by-step guide on finding, funding, and profiting from rental properties so you can achieve financial freedom.

David Greene is financially free because of real estate. He’s been building his rental property portfolio for over a decade, and now, he’s sharing the tricks of the trade with YOU. In this webinar, David will go through the “ninety-day challenge” that helps real estate rookies become rental property investors in less time than EVER before. If you're starting from ZERO and don’t know where to begin, this is THE episode to tune into. Or, if you’ve hit a wall while building your rental portfolio, stick around; we’ll get you to your first (or next) rental in ninety days (or less)!

Ready to start? Sign up for BiggerPockets Pro and use code “PODCHALLENGE23” for 20% off an annual membership plus a copy of Brandon Turner’s The Intention Journal!

In This Episode We Cover:

How to buy your first (or next) rental property in ninety days

Analyzing a real estate deal from SCRATCH using the BiggerPockets Rental Property Calculator

The “LAPS System” that will send potential rental properties your way every day!

How to finance your rental properties using more than traditional loans

Why you MUST build a real estate portfolio, NOT just buy one rental property

The real estate investing strategies and niches for YOUR financial freedom goals

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

Rental Property Calculator

Rent Estimator

Pro-Exclusive Videos

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-q3-3

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821: From Making $48K/Year to Millionaire By His Mid-30s w/Ryan Tseko Sep 21, 2023

Show notes

Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest. By the time Ryan was thirty, he already had twenty-one rental units, paid off over six figures in student debt, and used his pilot job to scope out new property markets. Everything was going to plan until a once-in-a-lifetime opportunity presented itself. Ryan left everything and made the jump.

But how did Ryan end up in his multi-millionaire position? How did he go from house hacking “crash pads” for pilots to helping manage one of the largest real estate portfolios in the country? A better question—how did a commercial pilot become Grant Cardone’s right-hand man? Ryan’s story is unbelievable, but it’s true.

In today’s episode, Ryan will share why he gave up his high-paid job to bust his butt working for Cardone Capital, why Grant Cardone told him to sell his ENTIRE real estate portfolio, and the two-minute deal analysis Ryan does that instantly tells him whether a property is worth pursuing. Ryan proves ANYONE can go from nothing to much more than something—and you can, too!

In This Episode We Cover:

Becoming a millionaire by your mid-thirties and turning active income into passive income

House hacking, “crash pads,” and how to make money off of your first home

Paying off six figures in student debt and why you MUST be frugal at the beginning of your investing career

Millionaire tips from Grant Cardone and what to do when your property ISN’T profiting

The two-minute deal analysis Ryan uses at Cardone Capital EVERY day

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

Need a Real Estate Lingo Review? Check Out the BiggerPockets Glossary

BiggerPockets Podcast 108 with Grant Cardone

BiggerPockets Podcast 250 with Grant Cardone

Book Mentioned in the Show

Rich Dad Poor Dad by Robert Kiyosaki

Connect with Ryan:

Ryan's Instagram

Ryan's YouTube

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-821

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

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820: The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!) w/Kim Woolf Bosler and Kyle Mast Sep 19, 2023

Show notes

Can you start real estate investing in your 40s, 50s, or 60s? We’re here to prove that it’s 100% possible, even if you have zero real estate experience or feel like you’re getting a “late start” to rental properties. You don’t need a lot to begin, and if you have some of the basics down, you can go from zero rental properties to twenty like today’s guest, Kim Woolf Bosler, who started her real estate portfolio at age fifty-six, with six children and twenty grandchildren!

But before we get into Kim’s fast-paced property story, we’ll chat with Kyle Mast, the financially-free CFP (certified financial planner) who already achieved financial independence with the help of real estate investing. Kyle is here to help show that even if you don’t have millions of dollars in the bank or rental property experience, you can STILL invest, no matter your age. He’ll talk about where to pull money from, how to increase your income in retirement, home equity, and more!

After some solid tips from Kyle, Kim will share her story of going from primary residence owner to building a portfolio of twenty properties in a VERY short amount of time. Now she has the flexibility to live every day as she chooses and use all her extra income to spend time with her BIG family! You can copy Kim’s exact strategy by tuning into today’s episode!

In This Episode We Cover:

How to start investing in real estate in your 40s, 50s, or 60s

Using your retirement accounts (like 401(k)s) to buy your first rental property

Scaling your passive income FAST with out-of-state investment properties

Home equity lines of credit (HELOCs) and leveraging yours to invest

1031 exchanges and turning taxable gains into a tax-free “dream house”

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

A Personal Finance Masterclass with Kyle Mast

The Late Starter’s Guide to Financial Independence (Even in Your 50s!)

RealWealth

Connect with Kim:

Kim's Facebook

Connect with Kyle:

Kyle's Twitter/X

Kyle's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-820

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819: What Caused 2023’s WILD Insurance Market (and When Prices Could Fall) w/Robert J. Hamilton Sep 17, 2023

Show notes

2023’s insurance market is bad. Really bad. “As bad as I’ve ever seen,” says Insurance Office of America’s Robert J. Hamilton. He’s never seen home and multifamily insurance prices as high as today. But, he has good reason to believe that a better insurance market could be upon us soon, especially as prices continue to ramp up and providers get priced out of the market.

If you’re a property owner, there’s a good chance your insurance premium increased significantly in price last year and the year before. After several unprecedented natural disasters, states like Texas, Florida, and California have seen carriers massively raise rates or leave their markets entirely. But why now? And how long will this last? Robert walks us through exactly what’s caused the higher insurance rates, why so many carriers have given up or died out, and “the beginning of a reset” that could be on the horizon.

Andrew Cushman, long-time friend of the show and multifamily investor, gives his seven quick tips on finding a better rate and protecting your property if and when disaster strikes. DO NOT analyze another deal before you watch this episode because, by the time you finish, your new insurance rate could ruin the profit potential.

In This Episode We Cover:

The wild 2023 insurance crisis explained and why rates have gone up so dramatically

The “capacity crunch” forcing insurance carriers to leave risky markets

What’s causing rates to rise and the “reinsurance” problem carriers face

Underwriting your next rental/multifamily and how to properly predict property insurance costs

The safest states/areas to invest in that carriers are flocking to

The “percentage deductible” trap that could bankrupt your deal if you aren’t careful

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

Network with Other Investors on the BiggerPockets Forums

How to Protect Your Rental from Fires, Floods, Lawsuits, and Liability

What Is Rental Property Insurance & Do Landlords Need It?

Book Mentioned in the Show:

SCALE by David Greene

Connect with Andrew:

Andrew's BiggerPockets Profile

Andrew's LinkedIn

Andrew's Website

Connect with Robert:

Robert's Email

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-819

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

818: From 16-Year-Old Skater to Investing in “Cash Machine” Kmart Conversions w/Mikey Taylor Sep 14, 2023

Show notes

Cash flow “machines” is how Mikey Taylor describes his most recent investments. To the non-investors, the numbers seem too good to be true. But Mikey has repeated this system, again and again, to make millions of dollars off of “boring” investments that most investors overlook. What “cash machines” is Mikey referring to, and how do you go from making $800/month to millions of dollars like he did?

Mikey has no degree, full-time job, or wealthy parents to hand him an inheritance. At sixteen, Mikey made it his mission to find sponsors for his skateboarding career. What started as a hobby grew into a profession, but Mikey knew it wouldn’t last. After searching for some other income to support him when his career finally ended, Mikey conveniently stumbled upon real estate—and the rest is history.

Since ending his skateboarding career, Mikey has built a brewery, invested in multiple BIG multifamily deals, and started buying the “cash machine” properties so many investors WISH they could get their hands on. If you want to know the strategy behind these bold moves and how you can go from barely scraping by to financial mastery, like Mikey, this is THE episode to watch.

In This Episode We Cover:

The “cash machine” real estate investments only few investors will buy

What REAL passive income looks like and how to start building your income streams today

Starting a brewery from scratch and selling it for an almost unbelievable profit

The “blue ocean” real estate deals many are too scared to touch

Converting Kmarts into self-storage and how much money Mikey makes off of each

How to avoid lifestyle inflation when you start making big bucks (so you can invest the rest!)

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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

BiggerPockets Podcast 763 with Barbara Corcoran

BiggerPockets Podcast 810 with Greg Harden

BiggerPockets Podcast 700 with Rob Dyrdek

Connect with Mikey:

Mikey's Instagram

Mikey's Website

Mikey's YouTube

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-818

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

Recorded at Spotify Studios LA.

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817: 2 “Slam Dunk” Small Multifamily Deals in 2023 (and Where to Find Them) w/Dan Nelson and Jodi Gauthier Sep 12, 2023

Show notes

Small multifamily properties are one of the EASIEST ways to get into real estate investing. But, your market may be a little too pricey or lack the supply for you to invest in these “slam dunk” deals. So, where do you go? We’ve got two elite agents from the South and Midwest that can help YOU get your next killer deal in metro areas that are seeing STRONG demand, renter growth, and rising rents.

To tell us about Chicago, the “we don’t actually love deep dish” city, is Dan Nelson. Dan was recently able to access a “private listing” that was severely underpriced. He brought this deal to a rookie client of his, who ended up making a MASSIVE amount of equity on closing. We’ll also chat with Jodi Gauthier, a Houston-based agent who secured a very lucrative seller-financed deal for her client, who couldn’t get a mortgage anywhere else.

You might think these deals are too good to be true, ESPECIALLY in 2023’s housing market. But, we’re here to prove that as long as you’re in the right market, running the right numbers, with the right agent, you too can lock down these “slam dunk” small multifamily deals.

In This Episode We Cover:

Two housing markets with “slam dunk” small multifamily opportunities

Metrics to watch BEFORE you invest in a market and how to know your home will appreciate

What to do when you CAN’T find cash flow in your area (and whether or not cash flow is worth it)

Seller financing and how to buy properties when you can’t get approved for a loan

Questions to ask your agent to see whether or not they TRULY know what they’re doing

And So Much More!

Links from the Show

Listen to All Your Favorite BiggerPockets Podcasts in One Place

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