Episodes

  • 995: BiggerNews: Multifamily Market Update + Where to Find Deals NOW

    995: BiggerNews: Multifamily Market Update + Where to Find Deals NOW
    Jul 26 2024
    Multifamily real estate is still offering some significant opportunities to investors—you just need to know where to look! Although the past two years have been rough for multifamily, with falling rents, rising interest rates, and higher vacancy, we may be on the way out of this vicious multifamily market we found ourselves in just a year or so ago. With new multifamily construction predicted to dry up significantly over the next few years, current multifamily rents are already beginning to rise. So, where should YOU be buying to take advantage of this positive trend? Thomas LaSalvia, from Moody’s Analytics CRE, joins us to give a multifamily real estate update and share where to find the best multifamily opportunities in 2024. With some markets still seeing more supply than demand, investors could pick up deals from distressed owners. Plus, one often-forgotten region may see demand pick up in a big way—if you invest here, you could get ahead of the curve! We’ll also discuss how multifamily rents have been performing, why new multifamily construction will see a huge slowdown in 2025 - 2026, whether today’s sluggish economy will affect multifamily, and the one big danger multifamily real estate investors (and future investors) CANNOT overlook. In This Episode We Cover A 2024 multifamily real estate market update and how apartments are performing now The oversupplied areas with opportunities for investors to buy One market that could see demand pick up soon (get ahead of the masses!) Why hasn’t multifamily crashed, and where are all the “distressed” owners? Affordable housing and the massive mismatch between supply and demand Whether or not small landlords will be affected by big apartments moving into their areas And So Much More! (01:28) Commercial vs. Residential Real Estate (04:24) Rent Slowly Recovers (09:02) Will Building Slow Down? (12:33) Job Loss and Affordability Problems (15:33) Affordable Housing (19:09) Good for Small Landlords? (25:17) Why Hasn’t Multifamily Crashed? (28:14) Opportunities to Look For (35:05) One Danger to Multifamily Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-995 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
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    46 mins
  • 994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO

    994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO
    Jul 24 2024
    Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you own, EVEN if you’re not in a vacation destination. So, what do you need to do NOW to get more guests, bookings, and money from your short-term rental investment in 2024 and 2025? Experienced short-term rental investor and CEO of Rent to Retirement, Zach Lemaster, is here to help. You may know Zach as the turnkey rental guy, but his skills go FAR beyond long-term rentals. Zach owns the highest-grossing short-term rental in the ever-popular Breckenridge, Colorado. This is a HOT short-term rental market with fierce competition, but even so, Zach’s vacation rental stands out from the rest. How did he do it, and what changes can YOU make to your Airbnb experience to become the best in your area? Today, Zach gives a masterclass on Airbnb and short-term rental hosting. He covers market trends he’s seen in 2024 and into 2025, dodging regulations, and what to look at BEFORE you buy. Zach even shares easy ways to stand out and the amenities that will wow your guests so they keep coming back for more. Plus, he’ll give tips on what you can do NOW with your current Airbnb to quickly increase bookings! In This Episode We Cover A short-term rental industry update and why hosts MUST make changes now Guest trends and why people want better deals and experiences, not just places to stay How to avoid short-term rental regulations and what to do if your area already has them How to easily stand out in your market by providing top-notch amenities Simple tweaks to your listing that will get you more bookings 2025 short-term rental predictions and what hosts should know And So Much More! (00:00) Intro (01:36) The Best Short-Term Rental Ever? (02:53) Airbnb is Changing (11:11) Airbnb is Changing (13:34) Regulations and Airbnb Bans (20:51) How to Stand Out (24:45) Tips to Increase Bookings (31:49) 2025 Predictions (35:16) Meet Zach at BPCon24! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-994 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
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    44 mins
  • 993: Seeing Greene: Should I Start Flipping Houses in My Market? (How to Know)

    993: Seeing Greene: Should I Start Flipping Houses in My Market? (How to Know)
    Jul 23 2024
    Should I pay off my rentals or scale to more doors? Should I start flipping houses in my local but expensive market or go long-distance? When is the time to move from residential to commercial real estate? We’ve got some crucial questions to answer on today’s Seeing Greene as David and Rob tackle the best ways to build wealth and set yourself up for retirement in 2024. Want to reach financial freedom faster? Then, this is the show for you. First, an investor who eagerly wants to retire asks whether he should flip houses in the expensive San Francisco Bay Area or begin in a lower-priced area. Next, when is it time to scale vs. pay off your rental properties? When partnering on a house hack, who’s responsible for what, and how do you split up the finances? Finally, a return caller asks about the pros and cons of residential vs. commercial real estate and whether bigger properties will help him reach his goal of retiring with a sizable rental portfolio. Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show! In This Episode We Cover Where to start flipping houses and whether an expensive market is too risky for rookies When to scale vs. pay off your rental properties (EVEN if they have low interest rates!) Partnering on a house hack and how to split responsibilities/profits when one partner lives in the property Residential vs. commercial real estate and the pros/cons of buying BIG properties When to trade your small rentals for larger properties with better potential And So Much More! (00:00) Intro (01:14) Should I Start Flipping Houses? (11:37) Scale or Pay Off Properties? (15:46) Partnering on a House Hack? (21:33) Comment Section Callout (24:03) Residential vs. Commercial Real Estate (41:37) Share Your Thoughts! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-993 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
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    49 mins
  • 992: International Real Estate Investments: Make More by Buying Abroad?

    992: International Real Estate Investments: Make More by Buying Abroad?
    Jul 22 2024
    Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you. Whether you want to own a home near the mountains of Mexico, the beaches of Belize, or a small seaside town, buying property abroad could make your dreams come true. But is it easy enough for a beginner? And what should you know before making the big jump to out-of-country real estate investing? Michael Cobb, an international real estate investing expert with over three decades of experience investing in Central America, joins us to give his time-tested advice. Michael hits on how these international investments are like “time machines,” allowing you to find the areas that could see significant popularity boosts in the future, pushing YOUR property values higher. He even shares which markets abroad are best for cash flow or appreciation. But before you jump the gun and buy a property abroad after your next cruise, heed Michael’s advice. He shares how to pick a market where investors can find the best returns and what you MUST do before you buy your first investment abroad. In This Episode We Cover International real estate investing 101 and what you can do to find your next market The “time machine” to cash flow and appreciation that most Americans overlook “Buyer beware” laws most Americans aren’t used to and why you NEED local help The three trips you should take before buying property abroad And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! Try Hospitable, The Highest-Rated Vacation Rental Software Grab the Book “Long-Distance Real Estate Investing” Find an Investor-Friendly Agent in Your Area 3 Things to Consider When Buying Properties Internationally (00:00) Intro (01:45) Why Invest Abroad? (05:51) Buying in Central America (10:50) Easy Enough for Beginners? (20:43) Where Investors Should Buy (26:11) Picking a Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-992 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
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    41 mins
  • 991: A World Without Airbnb & Why "Sinking" Could Cause Your Insurance to Skyrocket

    991: A World Without Airbnb & Why "Sinking" Could Cause Your Insurance to Skyrocket
    Jul 19 2024
    Airbnb bans escalate, a “tsunami” could be coming for this real estate niche, and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire On the Market panel are here to discuss four of the top real estate-related news stories from this week. First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying? Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode! In This Episode We Cover A world without Airbnb and whether the newest ban could actually help homebuyers Another “tsunami” coming for real estate and whether there’s truth behind the hype Private equity’s new plan to gobble up even more real estate as one niche suffers More fees for homebuyers as agent commissions change, but will this have to be paid out of pocket? “Sinking” cities causing rising insurance costs and sliding home values And So Much More! Links from the Show Join BiggerPockets for FREE See Dave at BPCON2024 in Cancun! The commercial real estate credit crunch: ‘There’s a tsunami coming’ What does a world without Airbnb look like? First-Time Homebuyers Could Face Thousands in New Costs Following NAR Settlement U.S. cities are sinking. Here’s what that means for homeowners Invest in Turnkey Properties with REI Nation Grab Dave’s Newest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area On The Market 201 – Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever (00:00) Intro (02:24) A “Tsunami” Coming? (13:08) The Airbnb Bans Begin (21:43) New Fees for Homebuyers? (28:31) Cities Are Sinking Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-991 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
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    45 mins
  • How to Find, Evaluate, and Offer on Rental Properties in 2024

    How to Find, Evaluate, and Offer on Rental Properties in 2024
    Jul 18 2024
    Want financial freedom through real estate? Then, you’ll need to know how to buy a rental property. Don’t worry; even as a beginner, you can take three basic steps to buy your first rental property and start building the passive income you’ve always dreamed of. To help you out, Dave Meyer, BiggerPockets’ VP of Market Intelligence and a fourteen-year real estate investing veteran, will walk you through finding, evaluating, and offering on rental properties. Whether you’re a beginner or an active investor, these three steps will help you land more real estate deals with less effort and help you reach your financial goals faster. Not only that, Dave is giving his time-tested tips on how to make an irresistible offer to a seller—something that most real estate investors DON’T know how to do. Dave even shares every tool he uses to find, analyze, and research real estate deals so he can decide on a rental in minutes, NOT hours! Make 2024 the year you start investing for financial freedom. Sign up for BiggerPockets Pro using promo code “EVALPOD24” to get 20% off the industry’s best real estate investing tools. In This Episode We Cover How to find and buy your first rental property (even if you’re a complete beginner) Using real estate to reach financial freedom faster than you thought possible Finding real estate deals in 2024 and expert-investor tactics most have never heard of Using the BiggerPockets Rental Property Calculator to analyze deals in minutes Seven different tips to get a seller to accept your offer (EVEN in a competitive market) The one real estate investing tool that will speed up your path to building a portfolio And So Much More! (00:00) Intro (02:03) Want Financial Freedom? (09:00) 1. Finding Real Estate Deals (12:37) 2. Evaluating Properties (24:34) 3. Making Your Offer (29:10) Best Tool for Beginners (37:00) PRO CODE Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-3 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
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    38 mins
  • 990: 2 Real Estate Markets We’re Investing in Now (Should You?)

    990: 2 Real Estate Markets We’re Investing in Now (Should You?)
    Jul 17 2024
    In this episode, we’re sharing two of the real estate markets we’re investing in NOW. One you may have heard of and one you probably haven’t. Both have strong long-term fundamentals, a sizable renter population, and more demand than meets supply. Which markets are we talking about, and why did we pick them over the thousands of other real estate markets across America? We’ll go into detail on today’s show! Dave and Henry are sharing two of their favorite real estate markets, both seeing sizable returns EVEN in 2024. First, Henry talks about the buy and hold goldmine of a town with low-priced homes, strong rents, and sizable cash flow. Plus, with “opportunistic rehabs,” Henry is seeing his cash flow explode with some basic home renovations. Next, for the passive investors, Dave talks about a syndication deal that’s so good it’s giving him bonus distributions! With many passive investments seeing poor returns this year, Dave may make it rich with this historically relevant real estate market. Don’t know where you should invest next? Stick around to hear the investing experts give their take on finding a market. You can even use our Market Finder to find your perfect market in minutes! Once you’ve found a market, use the Deal Finder to search for rental property investments in the area! In This Episode We Cover Two real estate markets that Dave and Henry are investing in right now The Southern cash flow market with solid long-term potential How to use “opportunistic rehabs” to boost your cash flow even higher Syndication investing and why Dave bet on this one market with growing demand Four steps to finding your perfect real estate investing market for cash flow, appreciation, or both And So Much More Links from the Show Join BiggerPockets for FREE Property Manager Finder Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Find Your Perfect Investing Market Today with BiggerPockets Market Finder Find Your Next Investment Property with BiggerPockets Deal Finder Grab Dave’s Latest Book, “Start with Strategy” Find an Investor-Friendly Agent in Your Area How to Choose an Out-of-State Market for Investment (in 3 Easy Steps!) (00:00) Intro (02:31) 1. Joplin, Missouri (05:56) Easy Cash Flow? (09:02) Why Joplin? (12:02) Visiting & Henry's "Cheat Code" (18:18) 2. Williamsburg, Virginia (22:16) Syndication Investing (28:26) How to Pick YOUR Market Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-990 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
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    40 mins
  • 989: Seeing Greene: Investing with High DTI, When to Refi, & Getting Out of Debt

    989: Seeing Greene: Investing with High DTI, When to Refi, & Getting Out of Debt
    Jul 16 2024
    Life happens, and you’ve accumulated some debt. You’re wondering how to buy real estate EVEN with a high DTI (debt-to-income) ratio. Whether it’s good debt, like rental property mortgages, or bad debt, like credit card debt, holding you back, David and Rob have some ideas to help YOU grow your real estate portfolio faster, make more passive income, and get yourself out of the red! In this Seeing Greene, we’re talking about good, bad, and ugly debt. First, a house hacker hits hurdles when trying to buy his next property due to his current mortgage. Thankfully, there’s a way to get around this using the “sneaky rental” strategy. An investor with a growing portfolio struggles to find a bookkeeper who can keep his finances together WITHOUT costing him an arm and a leg; David and Rob give two very different pieces of advice. Got bad debt? We give an investor options on what he should do to consolidate his $40,000 credit card balance. Wondering when to refinance your mortgage? A repeat caller asks whether a cash-out refinance on one of his properties is worth the rate increase and closing costs. Finally, what would you do with two houses on one lot? Renovate them and sell one? Keep them both as rentals? And how would you fund the renovation? David and Rob give their takes and a HUGE red flag that everyone trying to “subdivide” land should know about. In This Episode We Cover How to scale your real estate portfolio FAST with the “sneaky rental” strategy (even if you have debt!) When to refinance your mortgage and whether a higher rate is worth cash in the bank Bookkeeping for real estate investing beginners and how to not lose yourself in spreadsheets How to consolidate debt so you can continue to buy rental properties Where David and Rob are investing next, plus a BIG move one of them is making Subdividing lots and the one thing you MUST do before you even think about it And So Much More! Links from the Show Ask Your Question and Network with Investors on the BiggerPockets Forums Join BiggerPockets for FREE Property Manager Finder See David and Rob at BPCON2024 in Cancun! Real Estate Podcast 675 – Seeing Greene: When Does It Make Sense to Refi with High Interest Rates? Grab David’s Book on the BRRRR Method (00:00) Intro (02:03) Scaling with “Sneaky Rentals” (08:02) Can't Keep Up with Bookkeeping! (14:29) How to Consolidate Debt (19:31) Where We're Investing (24:12) When to Refinance? (30:38) How to Fund a BIG Renovation Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-989 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
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    49 mins