The Biggerpockets Real Estate Investing Podcast

You don’t have to race to financial independence to get there. Dave Meyer, VP of Market Intelligence at BiggerPockets, took his time building up passive income, and years later, it’s what has allowed him to amass impressive wealth all while living abroad, working where he wants, and securing a very stable retirement. But Dave wasn’t always some housing market genius who knew every statistic and metric about real estate investing. He started as a broke college student with no job prospects, struggling to pay his own rent. After graduating college during one of the worst recessions America had ever experienced, Dave was waiting tables to keep the lights on. He realized that he needed a different way to get ahead, and just getting a job wasn’t going to be enough. So, even with no money, Dave convinced a few friends to buy a house together while he borrowed money for his share of the down payment. Dave managed the property, took the tenant phone calls, and did what he had to do to learn the real estate ropes. An

Housing prices won’t budge, but there could be some relief on the horizon for homebuyers. As America’s affordability crisis continues to strain consumers, one of the most considerable costs, housing, is much to blame. Rising mortgage rates are making monthly payments significantly more expensive than just a few years prior, but how long can this last? According to the Vice President of Enterprise Research Strategy at ICE, Andy Walden, not much longer. Every month, Andy’s team at ICE releases their Mortgage Monitor data reports, sharing valuable insights on what’s happening in the housing market. On this BiggerNews, we’re asking Andy to share what the data is telling him about home prices, mortgage rates, housing inventory, and buyer demand but, even more importantly, where we could be headed in 2024 and whether or not this hot housing market still has room to run. While there has been huge home price growth over the last few years, Andy reckons prices could begin to “soften” as affordability reaches its bre

There’s one way to invest in real estate that’s cheaper, easier, and more efficient than almost any other strategy. It allows you to get the best mortgage rates with the lowest down payments and buy properties in the best areas. And you can do it every single year until you grow a massive real estate portfolio. Real estate millionaires have been made using this strategy, but most Americans have no idea about it. What’s the wealth-building secret that savvy investors are taking advantage of? Of course, it’s house hacking. If you’ve never heard of house hacking before, the concept is simple: You buy a single-family home or a small multifamily property and rent out the space you’re not using. This not only allows you access to the best mortgages but also keeps your mortgage cost lower than living on your own. This strategy is so good that expert investor Dave Meyer and today’s lender guest, Terrence Terrell, have used it repeatedly to build serious wealth. If you’re a first-time homebuyer or have a home but wa

Would you buy a rental property that loses money every month? What if, in a few years, that one property could make you hundreds of thousands of dollars? Would the negative cash flow be worth the massive appreciation upside? Today, we’re answering that exact question from an investor who could be sitting on a wealth-building opportunity but doesn’t know what decision to make. Should he buy the "bleeding" property at a steep discount or give up this needle in the housing market haystack to avoid a cash flow trap? Let’s find out! We’re back on Seeing Greene as David and Rob, your go-to real estate investing experts, answer questions directly from BiggerPockets Real Estate listeners like you! First, an investor has a rare opportunity to buy “Grandma’s house” with over $200K+ in potential equity upside. The problem? It will LOSE $800/month! Next, a new property manager wants to know how to raise rents on a twenty-year tenant. Do you pay capital gains on the profit of your home sale or the entire amount? We’ll sh

When you think about short-term rental and Airbnb markets, what comes to mind? Joshua Tree, the Smoky Mountains, maybe Destin? We all know about the famous short-term rental markets, but what about the not-so-famous ones? You know, the unsexy markets where you book an Airbnb for a conference or when you’re going to see extended family? That’s right; we’re talking about everyday American markets like Cincinnati, Ohio. But surprisingly, these markets make some of the best investments for short-term rental investors like Jarrod Tucker and Yiwei Cheng. Jarrod and Yiwei moved to Cincinnati for work shortly after catching the real estate investing bug. They knew they wanted to invest in real estate, but long-term rentals only came with measly cash flow that would never support their passive income goals. So, what’s the next best option? Short-term rentals! Unfortunately, Cincinnati isn’t known as a popular vacation getaway, but it didn’t have to be to support Jarrod and Yiwei’s cash flow dreams! Now, five years a

Want a low mortgage rate? We mean a really low rate—like 4.75% in 2024 low. What about half a million in profit on a sneaky development deal? Or, maybe you’d settle for a quick house flip that pockets you $55,000 on a bad day. These aren’t made-up numbers; these are REAL deals that our expert investing panel is doing in today’s hot, hot housing market. And if you know where to find deals and steals like these, you, too, could be taking home huge profits like they are! Thankfully, they’re sharing all their secrets on today’s episode! David and Rob are taking some time off to play pickleball, while Dave Meyer and the entire On the Market podcast panel join us today! In this show, we’re talking about the real estate deals getting done in 2024. Each expert brings in a deal they’ve recently done and showcases how they found it, what they bought it for, how much cash flow or profit they’re going to make, and advice to help YOU repeat these home-run real estate deals. First, Dave will share about a cash-flowing on-m

Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to attend, festivals were canceled, and human-to-human contact was limited as much as possible. As a result, famous musicians began to become real estate agents, mortgage brokers, investors, house hackers, and everything in between to pay their bills. And guess what—it worked!  Now, touring is back on, but those whose job is pursuing their passions still need extra income to take care of their bills during slow seasons or to build wealth. That’s where Juliet Lalouel from Heavy Realty comes in. Juliet is a Colorado and Hawaii-based investor and real estate agent who helps the music and creative communities find ways to fast-track their financial freedom to keep doing what they love. But her message doesn’t just apply to musicians. Anyone who loves what they do but wants more financial stability can ta

There’s a silent threat out there that most real estate investors have no idea about. It’s a threat that could take away all your cash flow, ruin your real estate portfolio, and put you right back to square one after years of work. And even the most seasoned investors aren’t immune to this threat—our own David Greene almost got caught in this trap and had to act quickly to escape. What’s the danger we’re discussing, and how do you ensure YOU don’t lose everything? We’re about to tell you! We’re back on another Seeing Greene as David and Rob take your real estate investing questions and give up-to-date advice on what they’d do in your situation. First, a real estate investor sees his cash flow disappear due to rising operating expenses—should he sell the property or keep a low/no cash-flowing deal? Then, we talk about the silent threat targeting real estate investors—title fraud. An investor wants to know if a low mortgage rate on a subject to deal warrants a higher price, and Rob and David debate whether inve

It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental property isn’t as easy as before. But maybe that’s just because most people don’t know where to look for these properties. In reality, there are steals and deals all around us, and if our hosts can take down home-run real estate deals in this housing market, what’s stopping you from doing it, too? So today, David Greene and Dave Meyer are giving you three ways to find your next real estate deal using both on AND off-market investing tactics. The majority of Americans ignore these tactics, and only serious or savvy investors will follow through on them. Once you know where to find these deals, the deal flow doesn’t stop. If you can master any of these three tactics, you’ll have a source of profitable investment properties streaming to you for years to come. First, we’ll show you how to find off-market de

Want to scale your real estate portfolio faster? These investment property loans can help. Most real estate investors get stuck early on in their journey. They buy some properties and build up some comfortable cash flow, but then…they can’t qualify for another loan. They’ve either reached the maximum limit on conventional mortgages OR don’t have enough income to qualify for bigger and better investments. So what do they do? Give up? Settle with a small rental portfolio? No, they use THESE investment property loans instead. Jeff Welgan, our investor-friendly lender expert, is back to show us what we’ve been missing. From DSCR (debt service coverage ratio) loans that help you scale to more doors, to no-income-necessary investor loans that don’t look at your income, to business bank statement loans that’ll let you buy homes based on your business’s cash flow, these mortgages can help anyone in any position, purchase real estate faster. If your DTI (debt-to-income) ratio is too high and you’re struggling to quali

How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too. In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!

Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true? What if there was a way to pay off debt WHILE investing, so you could lower your liabilities AND build wealth in the background? And what if you could do that even if you were hundreds of thousands of dollars in debt? If this sounds like your situation, this Seeing Greene is for you! David and Rob are back, answering your real estate questions so YOU can build wealth faster, reach financial freedom, and live the life you love. Our first question comes from a concerned rental property owner wondering why his property management company can’t do something seemingly simple. Then, a nationwide investor asks, “Are home warranties ever worth it?” A medical student with massive student loans asks how to start investing while in debt, and an aspiring investor asks how to turn his inherited rental property into a big portfolio. Will robots cause the downf

Everyone knows how to find a real estate agent. But an investor-friendly agent—one who will find deals for you, run the numbers, hook you up with contractors, and help you get funding—isn’t the same as your neighborhood agent down the street. These agents have connections that can help skyrocket a new real estate investor’s portfolio and bring them deals that no one else knows about. So, how do you find these diamond-in-the-rough real estate agents? You need to ask THESE questions. To help you vet your future investor-friendly real estate agent is James Dainard. James is a flipper, wholesaler, broker, investor, and lender in the Seattle, Washington, area. He’s been buying and selling houses for two decades and does more deals in one month than most investors do in years! He’s here to guide any investor through finding an investor-friendly agent, the crucial questions you MUST ask at the start, his number one tip for finding the best agents in an area, and how agents can set themselves apart from the competiti

If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down mortgages coming out specifically to help first-time home buyers finally get into a property, you can now buy a house for no money out of pocket, with your entire purchase price and closing costs covered. These 100% financeable loans aren’t a secret, so why don’t most first-time home buyers know about them? In this BiggerNews, we’re diving deep into the best first-time home buyer loans available in 2024, how to pick up your first property for NO MONEY out of pocket, and low-money-down multifamily deals any brand new investor can start buying today. With affordability at nearly forty-year lows, most Americans struggle to save up a down payment, even if they have enough income to qualify for a home loan. This is where 100% financeable loans come in, making it easier than ever to buy your first home. So, who can get approved for these first-time ho

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 invest

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 anony

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 fro

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

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 p

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