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    Explore "passive income" with insightful episodes like "946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel", "925: BiggerNews: Housing Inventory Up 24%, Are We Returning to “Normal”? w/Mike Simonsen", "922: Seeing Greene: Signs It’s Time to STOP Investing in Real Estate", "What People Get Wrong About Bonds— and How To Get It Right" and "915: BiggerNews: Why Mortgage Rates AREN’T Falling w/Caeli Ridge" from podcasts like ""BiggerPockets Real Estate Podcast", "BiggerPockets Real Estate Podcast", "BiggerPockets Real Estate Podcast", "Money Rehab with Nicole Lapin" and "BiggerPockets Real Estate Podcast"" and more!

    Episodes (88)

    946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel

    946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel
    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 take these lessons to heart. Today, we’re talking about how anyone from any background can use real estate to supplement their income, pay their bills, and help them build wealth. Juliet shares why you may make a great real estate investor/professional without even knowing it and the beginner investments that ANYONE can try to start building a strong financial fortress, even if you’re a real estate enthusiast by day and a rock star by night.  In This Episode We Cover Real estate side hustles that’ll help you make extra income no matter your experience  Why musicians and creatives make GREAT real estate investors  The best ways to start making money with real estate and how to find your perfect role Beginner investments for anyone to start building wealth today Financing your first investment property, even if you DON’T have a W2 Why real estate is the ultimate side income stream to support your dreams  And So Much More! (00:00) Intro (01:36) Anyone Can Invest  (05:07) Why Musicians Make Great Investors  (07:53) The Best Way to Get Started  (13:40) Beginner Investments  (17:57) Financing Your 1st Property  (20:52) Do Your Passion Full-Time  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/real-estate-946 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

    925: BiggerNews: Housing Inventory Up 24%, Are We Returning to “Normal”? w/Mike Simonsen

    925: BiggerNews: Housing Inventory Up 24%, Are We Returning to “Normal”? w/Mike Simonsen
    Housing inventory has shot up over twenty percent year-over-year. So, are our low inventory struggles finally behind us? During the low interest rate days, housing inventory couldn’t keep up with demand. Within days of posting a listing, properties had already gone under contract, and buyers could no longer bid. But now, with higher interest rates, we’re finally starting to see a return to “normal,” but a rate cut could take us back to scarce inventory in an instant. So, is now the time to buy? Mike Simonsen from Altos Research joins us on this BiggerNews episode to give an update on housing inventory. Mike’s team tracks every home for sale in the country every single week and has been doing so for almost two decades. Today, he gives us the most recent data on homes for sale, why inventory is rising, the states that are seeing the most inventory hit the market, and whether or not we can expect to return to pre-pandemic inventory levels. Plus, for those debating waiting it out for lower mortgage rates, Mike shares exactly how rates will affect housing inventory and why waiting could throw you back into the bidding wars once rates drop again. Mike even discusses the data behind price cuts and when you can expect sellers to start accepting lower bids.  In This Episode We Cover: A housing inventory update and why more inventory is finally starting to hit the market What happens to housing inventory if interest rates fall or rise Florida, Texas, and other southern states that are seeing a surge in housing inventory  Why most investors are wrong about price cuts What must happen if we’re to see inventory rise back to pre-pandemic levels The one thing buyers and sellers should know if they’re waiting for rates to fall  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram The Housing Market “Signals” That Predict Where We’re Headed w/Mike Simonsen HousingWire CEO: This Inventory Shortage Could Last Decades Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Connect with Mike Altos Research Mike's LinkedIn Mike's X/Twitter Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-925 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

    922: Seeing Greene: Signs It’s Time to STOP Investing in Real Estate

    922: Seeing Greene: Signs It’s Time to STOP Investing in Real Estate
    When is enough enough? When is it time to STOP investing in real estate? When you have a hundred units or a thousand? When can you step back and let the hard work and grind pay off so you can spend more time with your family, spouse, children, and loved ones? But maybe this is just the start of your real estate investing journey, so a better question would be: how to start investing when you DON’T have tons of money to get in the game? Whether you’re a couple of years away from early retirement or gearing up for your first rental, we’ve got you covered on this episode of Seeing Greene.  Full-time real estate investors David and Rob are back to answer your investor questions! This time around, live-caller Ethan wants to know when enough is enough. He’s built a big real estate portfolio, but his spouse is asking, “What’s the end goal?” Next, David and Rob share what’s going on in their own lives and the “perfect storm” that hit David head-on that could be headed your way. A young house hacker wants to know the best plan for his property after he moves out: rent by the room, turn it into a long-term rental, or go the short-term rental route. Finally, a homeowner with some sizable equity but no extra money asks if she should sell her low-rate primary residence and exchange it for some investment properties.  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: Why you need to start preparing your short-term rental for spring and summer break NOW When to start raising rates on last-minute guests (HUGE revenue boost) What you MUST include in your listing before it’s spring/summer break Amenities that any host can add to their home to bring in more bookings  Why seasonal photos make a huge difference to guests when browsing properties How to avoid parties at your property and guest red flags to watch out for Airbnb’s indoor camera ban and what to do if you have security cameras on your property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Be a Guest on the BiggerPockets Podcast Hear Our Interview with AirDNA’s Jamie Lane AirDNA PriceLabs David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Ask David Your Real Estate Investing Question BiggerPockets Podcast 795 with Chad Carson BiggerPockets Podcast 492 with Rob Abasolo Forum Post: Sell Primary Residence to Use Equity for Rentals? Check Out Rob’s New Short-Term Rental, The Pink Pickle Book Mentioned in the Show: SCALE by David Greene The Small and Mighty Real Estate Investor by Chad Carson Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-922 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

    What People Get Wrong About Bonds— and How To Get It Right

    What People Get Wrong About Bonds— and How To Get It Right
    Short-term Treasury Bills are killing it right now. You can get a one-month Treasury for over 5%. However, there is a really common misconception about bonds that can seriously mess up the way that you plan for your investment returns. Nicole explains this mistake, and how to fix it. $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

    915: BiggerNews: Why Mortgage Rates AREN’T Falling w/Caeli Ridge

    915: BiggerNews: Why Mortgage Rates AREN’T Falling w/Caeli Ridge
    The Fed has signaled something significant for mortgage rates. With inflation still rearing its head and the job market hot as ever, the Fed already has enough evidence to hold back on lowering the federal funds rate, which influences the mortgage rate you get on a home. So when will the Fed finally lower rates so we can escape this highly unaffordable mortgage market? Or, can the Fed pause for the foreseeable future as we enter a new era of high interest rates? Caeli Ridge, President of Ridge Lending Group, is here to help us answer these questions. Caeli works on getting investors mortgages every single day, so she has a solid pulse on the mortgage market. She gives us a mortgage rate update, explaining what today’s rates look like, when the first Fed rate cuts could come (sooner than you think!), and how a mortgage lender calculates your specific rate. She also gives some tips on navigating this high-rate environment and why merely looking at your mortgage rate as a deciding factor could cost you big time. As we wrap up, Dave will give his perspective on what the Fed is waiting for and the factors that MUST change before the Fed decides to proceed with a rate cut. He’ll also share a few tips on how to get ahead of the competition with today’s high rates and why these unique advantages won’t last long. In This Episode We Cover: How long we’ll have to wait for the Fed to finally cut rates  March 2024 rate update and the rate you can expect on your next mortgage What matters MUCH more than your mortgage rate when closing on a property LLPAs (loan-level price adjustments) and how to score a lower interest rate from your mortgage lender The crucial economic factors the Fed is watching to decide when to lower mortgage rates How to get ahead of the competition during a high-rate environment and buy when the masses are distracted And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Sign Up for BiggerPockets Pro to Attend the Market Intelligence Workshop Grab The Personalized Guide to Picking a Mortgage The BiggerPockets Mortgage & Home Loan Calculator Should You Buy Mortgage Points? Fed Meetings Calendar Connect with Caeli: Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-915 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

    901: The 6 Beginner Steps to Take Before Investing in Real Estate

    901: The 6 Beginner Steps to Take Before Investing in Real Estate
    If you want to start investing in real estate and buy your first rental property, there are six beginner steps you’ll need to take. Following these steps to a tee could mean the difference between having a home-run first investment property and a horrible experience that leaves you worse off than before. So stick around as we lead you to your first property (and financial independence) faster, even if you’re an investing beginner. We’ve brought on Certified Financial Planner (CFP) and personal finance master Kyle Mast to walk through the six steps you must take before buying a rental property. We’re not talking about the usual “find an agent, find a market, find a property” type of advice. This time, it’s all about setting you up for FINANCIAL success and, more importantly, stopping you from financial failure by making the wrong moves in the beginning. If you don’t get these steps down, you can kiss your dreams of financial freedom goodbye. We’ll touch on how to define your investing goals to get what you REALLY want out of life, how to evaluate whether or not you’re even in a financial position to invest, how to fix your bad finances if they’re not up to shape, building a solid emergency reserve for when things go wrong, and what the experts say you NEED to know before you invest in 2024. In This Episode We Cover: The six beginner steps EVERY investor must take before buying an investment property Investing with the end in mind and deciding what you really want: money or time? Budgeting, getting rid of bad debt, and how to make and save more money to invest  Building emergency reserves and why skipping on this is a costly mistake that could set you back years EXACTLY what you need to know before investing (if you can’t answer these questions, you should NOT invest) Tips to get you to your first rental property even faster  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE 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 Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram A Personal Finance Masterclass with Kyle Mast Check Out SoFi’s High-Yield Savings Account Books Mentioned in the Show Pillars of Wealth by David Greene Rich Dad Poor Dad by Robert Kiyosaki The Richest Man in Babylon (BiggerPockets Edition) by George S. Clason Set for Life by Scott Trench Connect with Kyle: Kyle's BiggerPockets Profile Kyle's Twitter Kyle's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-901 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

    Hope Is the Key to Winning With Your Money

    Hope Is the Key to Winning With Your Money
    💵 Sign up for EveryDollar today - Create a free Budget! George Kamel & Rachel Cruze answer your questions and discuss: "My husband doesn't know about our debt," "What should I do with the money I'm saving?" "My husband wants to spend my inheritance," "Should I keep paying high rents to avoid high mortgage rates?" "Is Airbnb arbitrage a good option for me?" "We disagree on how quickly to pay off debt." 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Support Our Sponsors: BetterHelp Zander Insurance NetSuite The Chosen Neighborly Next Steps 🎟️It's game on! Get your ticket for Total Money Makeover Weekend.  Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

    Robert Kiyosaki: Rich Dad Poor Dad, These Common Beliefs Keep Hard-Working People Poor | E269

    Robert Kiyosaki: Rich Dad Poor Dad, These Common Beliefs Keep Hard-Working People Poor | E269
    Robert Kiyosaki is a legend in the personal finance space. After growing up in humble origins in Hawaii and fighting in the Vietnam War, Robert went on to become a multi-millionaire entrepreneur who gained global recognition with his book Rich Dad Poor Dad. He has now written over two dozen books and dedicated his life to helping others learn how to make money work for them. In this episode, he shares some insightful ways to manage your money, make it as an entrepreneur, and so much more.   Robert Kiyosaki is an entrepreneur, educator, speaker and investor who has challenged and changed the way tens of millions of people around the world think about money. Best known as the author of Rich Dad Poor Dad, a personal finance classic, Robert is the author of more than two dozen books. He is also the host of the Rich Dad Radio Show podcast.   In this episode, Hala and Robert will discuss: - Why one of the keys to becoming rich is who your friends are - Why you learn from falling down - The biggest question on planet earth - Why he prefers entrepreneurship to the stock market - How he flunked out of school - How entrepreneurship has changed in the last 25 years - How the rich get money to work for them - Why to stockpile good assets - Why it’s important for entrepreneurs to step up - What makes a good entrepreneur - Why a good brand beats a good business - Why you should buy gold and silver - And other topics…           Robert Kiyosaki is an entrepreneur, educator, speaker and investor who has challenged and changed the way tens of millions of people around the world think about money. Best known as the author of Rich Dad Poor Dad, a personal finance classic, Robert is the author of more than two dozen books. He is also the host of the Rich Dad Radio Show podcast.   Resources Mentioned: Robert’s Website: https://www.richdad.com/  Robert’s LinkedIn: https://www.linkedin.com/in/robert-kiyosaki-46b532145/  Robert’s Instagram: https://www.instagram.com/therealkiyosaki/  Robert’s Facebook: https://www.facebook.com/RobertKiyosaki/ Robert’s YouTube: The Rich Dad Channel Robert’s Podcast (The Rich Dad Radio Show): https://www.richdad.com/radio Robert’s classic book, Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle-dp-1612681123/dp/1612681123/   Robert’s latest book, Capitalist Manifesto: https://www.amazon.com/Capitalist-Manifesto-Robert-T-Kiyosaki/dp/161268114X/   LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course.   Sponsored By: RobinHood - Visit robinhood.com/PROFITING to claim an unlimited 1% bonus on your assets. Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting Nom Nom - Go to youngandprofiting.co/trynomnom for 50% off your two-week trial  Coda.io - Head over to coda.io/profiting to try Coda for free HelloFresh - Go to HelloFresh.com/profitingfree and use code profitingfree for FREE breakfast for life   More About Young and Profiting Download Transcripts - youngandprofiting.com  Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review -  ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media Agency Services - yapmedia.io/

    852: Seeing Greene: Subto “Speculation,” Airbnb Automation, & New Build Financing

    852: Seeing Greene: Subto “Speculation,” Airbnb Automation, & New Build Financing
    Is “subject to” real estate investing a mistake? Why is cash flow SO hard to find? And what do you do when you overpay for a property? With so many ways to build wealth with real estate, you’ll also need to be aware of the pitfalls. If you don’t know what you’re doing, you could end up with a property you paid too much for, with no cash flow and empty pockets. Thankfully, this is BiggerPockets, so we’re going to give you all the tactics you need to make your next investment a home run. Put on your green-tinted goggles because David does NOT have a green light for this Seeing Greene episode. Due to this unforgivable offense, we brought another expert investor, Rob Abasolo, on to help David answer some of YOUR real estate investing questions. First, we hear from an investor who makes some great cash flow from her short-term rental but wonders if it’s worth all the work. Next, an investor finds out that his new build property is selling for a significant discount—can he get out of the deal? Similarly, an ADU (accessory dwelling unit) investor is looking to develop but doesn’t know the best way to finance his new construction. David also answers some questions from the comment section about why investors stopped chasing cash flow so much. And finally, a realtor is concerned about the amount of subto (subject to) “speculation” in today’s industry. Are his concerns legit? Stick around; we’ll get into it all in this episode! In This Episode We Cover: How to automate your short-term rental so you do less work What to do when you realize you’ve overpaid for a property How to fund a new development with equity, construction loans, or both  Why cash flow is NOT the only thing to focus on anymore  Subject to speculation and whether overpaying to lock in a low rate is EVER worth it  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Be a Guest on the BiggerPockets Podcast Ask David Your Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube How to Fund Real Estate Deals Right Now w/Zach Lemaster Don’t Chase Cash Flow! Use THIS Metric to Analyze Your Deals Subject To Real Estate: Why Investors Should Add This Tool to Their Arsenals Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-852 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

    847: How to Fund Real Estate Deals Right Now w/Zach Lemaster

    847: How to Fund Real Estate Deals Right Now w/Zach Lemaster
    Yes, there are STILL rental property mortgages with low interest rates AND low money down, even in 2023. These investment property loans are unknown to most real estate investors simply because they don’t know where to look or who to ask about them. Which loans are we talking about? Stick around because today, we’re uncovering all the ways that YOU can finance and fund your real estate deals in 2023 and 2024, even when getting a loan is harder than ever before. If you’ve been struggling to put properties under contract because your financing keeps falling through, this is the episode for you. After running into numerous closing table conundrums and non-stop financing fatigue, many real estate investors are giving up on buying new properties due to banks’ lack of liquidity and eye-watering loan requirements. But that isn’t stopping David, Rob, or today’s guest, Zach Lemaster, from closing deals. In this episode, we’ll go through the loan options that WORK in 2023 and 2024, the creative financing you can use to fund your next deal, and the often unknown loans that STILL offer only three percent mortgage rates or just five percent down on rental properties (seriously). If you haven’t tried these loans yet, you could be missing out on some of the best deals of the decade. In This Episode We Cover: The underrated, often overlooked rental property loans with low interest rates and low down payments Why getting a thirty-year fixed-rate loan may NOT make sense in 2023 and 2024 Whether to secure the debt or the deal first on your next real estate investment Loan “covenants” you MUST look out for before getting any new mortgage Mortgage rate predictions and where interest rates could be over the next five years How to build a relationship with banks/lenders so you ALWAYS get funding  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab the Amanda and Matt’s Books on Tax Strategies Upgrade to BiggerPockets Pro (It’s a Write-Off!) The Tax-Free Strategy Only Real Estate Investors Can Access BiggerPockets Podcast 626 with Zach Lemaster What You Should Know About Financing Investment Properties Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Zach: Zach's BiggerPockets Profile Zach's Instagram RentToRetirement Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-847 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

    840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?

    840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?
    Could the end of real estate investing already be upon us? How do you know how much to spend on a renovation before buying a house? And is a negative cash flow rental EVER worth investing in? On this Seeing Greene, we’re answering the tough questions you’ll be forced to ask in a hard housing market so you can build wealth while the masses run for the hills. Thankfully, David has his co-pilot on this episode! David and Rob are back to answer YOUR real estate questions, EVEN if you’re too scared to hear the answers. On today’s show, a live caller asks, “How do I get a renovation estimate BEFORE bidding on a BRRRR?” If you’ve stressed over which comes first, the bid or the buy, stick around. We’ll also touch on negative cash flow and when it makes sense to buy a rental that’s losing money every month (there’s a science to this). Then, for all you doomsayers, David and Rob give their take on what happens when the population declines, and no one is left to rent houses. Finally, we answer the age-old question, “should I rent or buy in today’s market?” 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: How to estimate rehab costs BEFORE you bid on a BRRRR When it’s worth it to buy a “cash flow negative” rental property  The secret to getting out of ANY contract if you need to exit a deal The long-term effects of declining populations and whether real estate investing could meet its end Renting vs. buying and when it makes sense to invest while you're still a renter And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Sign Up for BiggerPockets Pro to Get Rental Property Calculators, Leases, and More Hop On the BiggerPockets Forums to Connect with Other Investors Books Mentioned in the Show: Pillars of Wealth by David Greene Buy, Rehab, Rent, Refinance, Repeat by David Greene Long-Distance Real Estate Investing by David Greene Connect with Sean: Sean's BiggerPockets Profile Sean's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-840 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

    837: Seeing Greene (w/Meet Kevin!): Cash Flow Won’t Ever Make You Rich

    837: Seeing Greene (w/Meet Kevin!): Cash Flow Won’t Ever Make You Rich
    Kevin Paffrath, AKA “Meet Kevin,” one of YouTube’s most famous financial influencers and real estate investors, joins us for this week’s Seeing Greene to answer YOUR real estate investing questions. But this time, you’ll hear a bit more about who should be investing, who shouldn’t, and why partnering up on a property is a huge “no-no” in Kevin’s book. Plus, if you’re starved for cash flow in this impossible investing environment, Kevin has some good news for you. But that’s not all we get into. David and Kevin talk about why cash flow isn’t as important as you think, why dating the mortgage rate could be risky, the social media investing scam you could be falling into, and why investing with no money down is a fool’s game. One investor even submits a potential deal that makes Kevin want to vomit (his words), so if this sounds like something you’re about to buy, run away! 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: Why you should stop caring so much about cash flow and focus on THIS instead What to do with “trapped capital” in your properties and how to make more money to invest BRRRRing vs. flipping in 2023 (and which one Kevin HATES) The investing “advantage” you might not even know you have Partnership problems and the one real estate investment Kevin won’t touch  Using private money to fund your down payment (and Kevin’s STRONG opinion on this) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Ask David Your Real Estate Investing Question BiggerPockets Podcast 357 (Kevin’s Episode!) BiggerPockets Podcast 822 BiggerPockets Podcast 833 Luke Carl Books Mentioned in the Show: Pillars of Wealth by David Greene Connect with Kevin: HouseHack Kevin's Instagram Kevin's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-837 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

    834: Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review

    834: Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review
    About to take out a HELOC to buy an investment property? This could be a move you regret for years, ESPECIALLY if you’re doing this in 2023. As home prices have risen and real estate investors search for more money to invest, the HELOC (home equity line of credit) has become an obvious choice for many. But drawing from these lines of credit could come with a lot more risk than you might think and may tank your cash flow. David Greene is back on another Seeing Greene, live from Florida! But that’s not all; Rob (Robuilt) Abasolo is coming on to tag-team your real estate investing questions. They'll first talk to Tim, who wants to invest in real estate in high-priced Southern California. He has a townhome with some sizable equity but doesn’t know how to fund his first investment or make the most cash flow. David and Rob also hit on what to do with inherited or paid-off properties and how to scale when you lack the capital. Plus, we read a two-star review and combat it with a YouTube comment compliment from David’s secret admirer. 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: How to turn your home into a rental property and investing in expensive areas When you should (and definitely shouldn’t) use a HELOC to fund your rental property purchase The super passive short-term rental “reverse” arbitrage model most landlords don’t know about Scaling your real estate portfolio even when you’re out of capital Inherited properties and how to make hands-off cash flow The smartest ways to fund rental property repairs and renovations And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Ask David Your Real Estate Investing Question Seeing Greene: Early Retirement, Private Lending, & The $10,000 “Guru” Trap (Ep 825) How to Use a HELOC to Buy Real Estate Book Mentioned in the Show: Pillars of Wealth by David Greene Connect with Tim: Tim's BiggerPockets Profile Tim's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-834 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

    House-Hacking: The Best Path to Home Ownership?

    House-Hacking: The Best Path to Home Ownership?
    Live for free! Okay, maybe not free—but house-hacking, or buying a property that you plan to live in and rent out for income, is a potential solution if you’re feeling financially stuck as an aspiring homeowner. We go way deeper on the subject than ever before, with help from David Greene of the BiggerPockets real estate podcast (https://www.biggerpockets.com/podcasts/real-estate). We cover: Who house-hacking is for (and maybe who it's not), whether to self-manage or outsource, and the paradox of appreciation vs. cash flow. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/house-hacking-the-best-path-to-homeownership. Learn more about your ad choices. Visit megaphone.fm/adchoices

    832: Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg

    832: Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg
    Want to speed up your retirement savings so you can retire even faster? With the right out-of-state rental properties, you can have consistent cash flow coming in every month, along with tens of thousands, if not hundreds of thousands, in equity from properties you bought this year! Today, we’re talking to two investors building their retirement nest eggs with long-distance real estate investing. Even better, the deals they’ll share were bought THIS year in today’s impossible housing market. First, we’ll talk to Keith, who lives in pricey California. He knew he couldn’t invest nearby but wanted to start building his passive income empire. With the help of Indianapolis agent Peter Stewart, Keith was able to lock down a medium-term rental that now cash flows $700 per month! Keith and Peter get into all the details, from how much the house cost to how they got it close to $30,000 under asking price, and the almost-perfect BRRRR (buy, rehab, rent, refinance, repeat) they did. Next, we’ll talk to Dave, who sold off all his rental properties in the last crash. Now, with retirement inching closer, he wants to build a legacy for his two boys. Dave worked with Oklahoma’s own Dahlia Khalaf on finding a long-term rental in a market with PLENTY of demand—so much demand that Dave had seventy-five interested applicants the weekend he posted this home for rent! If you want to find deals like Keith and Dave did in TODAY’s housing market, tune in! In This Episode We Cover: Retiring with rental properties and how to start building your nest egg today Out-of-state real estate investing and landlording at a distance when your home market is too pricey Building your “buy box” so you know exactly what rental properties to look for How to get WAY more cash flow out of the same rental with the “medium-term rental” model Using the BRRRR (buy, rehab, rent, refinance, repeat) method to pay close to nothing for rental properties  Why overbidding isn’t always a bad thing (and how it can make you money!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Grab David’s Book on Long-Distance Investing, BRRRR, and More Analyze Rentals in Minutes with the BiggerPockets Rental Property Calculator Hear How to Get YOUR Offer Accepted in This Housing Market Connect with Dave: Dave's BiggerPockets Profile Connect with Dahlia: Dahlia's BiggerPockets Profile ASN Website ASN Facebook Connect with Keith: Keith's BiggerPockets Profile Keith's Instagram Keith's Facebook Connect with Peter: Peter's BiggerPockets Profile Peter's Facebook Peter's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-832 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

    "What Should I Invest In?" (Listener Intervention)

    "What Should I Invest In?" (Listener Intervention)
    Originally aired 2.16.22 Today’s Money Rehabber has had some major wins and huge losses by making risky investments. Now he just wants to know: can I (and should I) be more boring with my investing choices? Today, Nicole focuses on helping this listener make his financial rollercoaster a little less bumpy. Want to start investing, but don't know where to begin? Go to moneyassistant.com and meet Magnifi, your AI money assistant, designed to help you make a plan for your financial goals. Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork

    812: 17 Properties in 3 Years Thanks to “Non-Stop Rejection” w/Jason Lee

    812: 17 Properties in 3 Years Thanks to “Non-Stop Rejection” w/Jason Lee
    Jason Lee owns more rental properties than most full-time real estate investors. But, he didn’t do this by investing after the last housing crash, inheriting millions from his parents, or buying a hundred-unit apartment building at once. Actually, Jason seemed like the least likely person to end up as a big earner. He was raised in a household where finances were a constant source of contention, and he only went to college to play sports. Jason’s parents gave him one choice: become a doctor, lawyer, or other high-skilled professional, so he wouldn’t have to struggle like they did. After scraping through pre-med classes, living in the library, and dedicating all his time to school, he thought what every real estate investor thinks, “Maybe this isn’t the right path.” After having a sudden mental breakthrough, Jason knew he couldn’t continue. So what did he do instead? Real estate. He was working (for free) four days a week and going to school two just to level up his skills so that he could finally do what he loved when he graduated. His first deal almost blew up, he almost quit, and he got six figures stolen from him, but Jason is now back on top, only three years after graduating, with a portfolio in the eight figures. How’d he do it so fast? Stick around and find out.  In This Episode We Cover Quitting a (potential) career to focus on what will REALLY build your wealth  How non-stop rejection allowed Jason to become one of the most successful brokers/investors in his area  Why working for free has a far higher ROI than most college students think Investing in an expensive market and why “cash flow” doesn’t matter  How to NOT get scammed by a contractor and signs yours is stealing money  Jason’s “formula for underwriting” and what he looks at most when doing deals  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch 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 Dave's BiggerPockets Profile Dave's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-812 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Recorded at Spotify Studios LA. Learn more about your ad choices. Visit megaphone.fm/adchoices

    789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K

    789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K
    Real estate deals are hard to come by in 2023. But, there are still a few overlooked rental markets that most investors aren’t aware of. In times like this, with investors ready to pounce on almost any property and other assets vastly underperforming real estate, you’ll need to think differently if you want to get ahead. Long gone are the days of buying any property in any market and expecting instant cash flow. Now, you’ve got to think like an expert investor and start Seeing Greene! David is back with another Seeing Greene episode as we touch on how investors can find deals in 2023, which markets are worth looking into, why low cash flow isn’t such a bad thing, and how to decide between buying a single-family or a multifamily rental. We’ve also got some trickier-than-usual questions this time, as a seventeen-year-old wants to know where he should invest a $100K inheritance. We’ll also get into the nitty gritty of paying off loans vs. refinancing, where to find distressed properties, and what to do when natural disasters threaten your rental business. 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: Emerging real estate markets that most investors overlook  Low cash flow and whether a rental is worth buying if it only profits a few hundred dollars a month How to spend a $100K inheritance and why real estate ISN’T the best choice  BRRRR deals and how to find distressed properties that have huge equity potential  Hard and private money loans, interest-only payments, and when to pay off your debt  Single-family homes vs. multifamily and which makes the most money with the lowest down payment  Natural disasters and whether or not it’s worth it to invest in dangerous areas  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 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 David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Try the BiggerPockets Rent Estimator on Your Next Property Seeing Greene Episode 762 Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth" Books Mentioned in the Show Buy, Rehab, Rent, Refinance, Repeat by David Greene Set for Life by Scott Trench Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-789 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

    773: Replacing His Income with $70K/Year Cash Flow After a Close Call with Death w/Pasha Maleknia

    773: Replacing His Income with $70K/Year Cash Flow After a Close Call with Death w/Pasha Maleknia
    Financial freedom isn’t important until your life flashes before your eyes. When everything could end, thoughts of your partner, children, and family come to mind, and most notably, what you left behind for them. Pasha Maleknia was thrown into a warzone and came within minutes of meeting his end. As he sat, not knowing whether or not he would ever see his wife again, he made a promise to build financial freedom for his family so that if anything happened to him, they would be protected. Pasha kept his promise and is here to share exactly how he got it done. Through chaos, Pasha was given a second chance at building the life he dreamed of, starting a real estate investment portfolio that has grown to a double-digit unit count with close to six figures in expected cash flow. None of what he did was easy, but using his background in coding, systems, and optimizing everything for efficiency, Pasha is building a hands-off real estate empire that will set his whole family financially free. If you’ve struggled to progress with rental properties, do NOT miss out on Pasha’s story. He explains exactly how his “why” forced him to reach financial freedom in only a few years and what he’s doing now to ensure his wealth never stops growing. Don’t wait for it to be too late. Put your life in your hands, and take Pasha’s words to heart. In This Episode We Cover: The near-death experience that forced Pasha to find financial freedom for his family  Building your “income-producing box” that will take care of your family for decades  DIY rehabs and why you DON’T need to know everything before you start investing  Pasha’s killer first rental property and the “surprise” basement that came with it  Using the BRRRR method to quickly multiply your portfolio without much cash needed  How to automate your ENTIRE rental property portfolio so you do nothing  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 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 Hear Dave on the “On the Market” Podcast Subscribe to the “On The Market” YouTube Channel David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Henry's BiggerPockets Profile Henry's Instagram Hear the Latest Episode on Analyzing Real Estate Deals Understand The BRRRR Method in Real Estate – A Beginner’s Guide Books Mentioned in the Show: BRRRR by David Greene The Book on Advanced Tax Strategies by Amanda Han & Matt MacFarland The Book on Estimating Rehab Costs by J Scott Long-Distance Real Estate Investing by David Greene Raising Private Capital by Matt Faircloth Rich Dad Poor Dad by Robert Kiyosaki Connect with Pasha: Pasha's BiggerPockets Pasha's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-773 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