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BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Monday, Wednesday, and Friday.

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If there’s one thing that’ll make or break your real estate portfolio, it’s property management. When done correctly, property management can feed you consistent, passive income without the everyday stressors of being a landlord. Whenever you hear people talking about bad tenants, midnight phone calls, or surprise maintenance problems, they’re really talking about property management gone wrong. So, how does a rookie real estate investor, with even just one rental property, start managing the right way so they can scale their portfolio faster?  Amelia McGee and Grace Gudenkauf, authors of The Self-Managing Landlord, did it all wrong initially. They were picking up every tenant phone call, placing every service request, taking rent payments every which way, and here’s the thing—none of it was working. As they scaled their portfolios, things only got more difficult until finally, one day, they stopped and developed a system, and like that, their businesses took off. Now, only a few years into real estate investing, both Amelia and Grace have dozens of rental units to their names and less stress than ever before. How did they do it all WITHOUT hiring everything out to a property manager? In today’s show, they’ll share the self-managing principles they used to explode their rental portfolios while staying sane! And if you’re a new investor or are about to be one, these tips could save you YEARS of headaches!  In This Episode We Cover Why EVERY real estate investor should be self-managing when building their portfolio How to start building your property management “system” that’ll save you HOURS a week What brand new investors NEED to start doing once they have their first property  Three apps/software that every real estate investor should have  Tenant selection 101 and simple mistakes that could cost you months of rent  How to know it's time to start outsourcing and signs you need some help  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-938 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
Should I pay off my rental property or reinvest? How do I replace my six-figure salary with cash flow from real estate investing? And what’s the best way to analyze crime BEFORE I invest in an area? You asked, and we’re here to answer on this episode of Seeing Greene as we take questions from rookie real estate investors, veterans in the rental property game, and everyone in between. If you want to scale your portfolio faster or quit your job with real estate, this is the place to be! First, we take a question from a high-earner asking whether they should pay off their rental properties OR use their extra money to build a bigger portfolio faster. A fledgling house hacker wants to know the best way to analyze an investing area for crime now that many online listing websites have taken down this data. A business owner is struggling to find real estate write-offs and asks for help, and a rental property investor needs to know which commercial real estate investment boasts the biggest cash flow. Finally, an anonymous question comes in from a techie who’s about to lose their job. How can they replace their six-figure income with rental properties fast? Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: Whether to pay off your mortgages early or reinvest to build a bigger portfolio Replacing your salary with real estate income and why you may want to get a job instead  How to analyze an investment area for crime with limited online data  The short-term rental tax loophole that could save you a TON on taxes Will an ADU (accessory dwelling unit) add value to your property on an appraisal? Cash-flowing commercial real estate investments and why top investors pay attention to something else  And So Much More! Links from the Show 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 Ask David Your Real Estate Investing Question 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 Other Investors Their Takes on a Neighborhood Rookie Podcast 368 - Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies w/Natalie Kolodij Real Estate Podcast 823 - The Tax-Free Strategy Only Real Estate Investors Can Access Real Estate Podcast 919 - How to Use Real Estate to Quit the 9-5 Grind Get a Short-Term Rental Cost Segregation Books Mentioned in the Show Pillars of Wealth by David Greene Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-937 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Want to know how to invest in real estate with NO money down? Or, maybe you’ve got a bit of cash in the bank and think now is the time to get into the real estate investing game. No matter where you’re at or how much money you have, we’re bringing you four ways to invest in real estate with no money AND low money in 2024. Does it sound too good to be true? Thankfully, this is just how real estate works and our expert investor hosts can back up the facts—these methods CAN be done with little or no money down. Some of these strategies will get you in the game, making cash flow every month, EVEN without owning a rental property. Others will allow you to put very little money down to buy your first house, but you must be willing to follow a few rules. We’ll also get into the short-term rental side hustle that has landlords pay YOU for managing their property and exactly how Rob scored a three percent interest rate (in TODAY’s market) while putting very little money down on a property. Don’t let money stop you from starting your investing journey! Combine a few of these strategies, and you could have a cash-flowing rental property portfolio in just a few years’ time! In This Episode We Cover: How to start a real estate business without owning a single property! The exact method Rob used to score a three percent interest rate in 2024 How to buy one house every year using these low-money-down loans Real estate partnerships 101 and how to invest using other people’s money  The property management side hustle for short-term rentals that could help you save up a down payment And So Much More! Links from the Show 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's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Network and Learn from Other Investors on The BiggerPockets Forums Grab “The Book on Investing in Real Estate with No (and Low) Money Down” How to Buy a Rental Property With No Money: 10 Strategies for Real Estate Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-936 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mortgage rates are high, supply is low, and inflation just won’t go away. These market conditions make investing in real estate harder than ever…or so most investors think. The truth? This housing market isn’t all that different from years past, and if you know which moves to make, you can get ahead of all the other investors without them noticing. What do we mean? We’ve got a seasoned investor with over thirty years of rental property experience on the show, ready to share how buying during “high” rates can be a huge advantage. But that’s not all we’re getting into on this BiggerNews episode. We’ve got questions directly from BiggerPockets listeners that we’re throwing at expert investor Kathy Fettke to see what time-tested advice she’d give. First, a listener wants to know why mortgage rates aren’t falling and how to get into the real estate investing game during a time like this. Then, we discuss how investors can save themselves against inflation. With a spike in part-time work, could the American economy be showing signs of weakness? Finally, we answer the question everyone has on their minds: Is it the darn millennials’ fault for causing these high home prices? Want to ask a question for a future BiggerNews episode? Post your question in the BiggerPockets forums and get answers from a community of over 2,000,000 real estate investors! In This Episode We Cover: Mortgage rates explained and why interest rates are staying so high Sneaky ways to snag a LOW interest rate in 2024 (Kathy got 4.75%!) The best hedge against inflation and how to protect the money you have Rising part-time work and whether or not this is a recession warning sign  Did millennials cause this unaffordable housing market? And So Much More! Links from the Show 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 BiggerPockets' Instagram Hear Dave and Kathy On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerNews, September: Will Anything Slow Down this Housing Market? with Dave Meyer & Kathy Fettke Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-935 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to pay less to Uncle Sam, most real estate investors are missing out on a MASSIVE tax deduction that could be saving them thousands, if not tens of thousands, on their tax bill. What’s the write-off that even our host, Dave Meyer, didn’t know about? Stick around, or walk away from a HUGE tax savings. Brandon Hall is a real estate investor-focused CPA. He knows the deductions, write-offs, and audit red flags that could be helping or hurting you. Today, he’s walking through whether or not you need a tax professional (a LOT of people DON’T), why you need to start tax planning BEFORE you buy your first property, the biggest real estate tax write-off that most people miss, and why you should WAIT to file your taxes to see if a MASSIVE real estate tax benefit is making a much-awaited comeback. Need a tax professional to help you make the right tax moves? Find one for FREE with BiggerPockets Tax Finder. In This Episode We Cover: The big real estate write-off that most investors are completely overlooking Why you should WAIT to file your taxes in case this MASSIVE tax benefit returns Who should (and definitely shouldn’t) be doing their own taxes  Scaling your portfolio? Why you MUST start strategically planning your taxes now The biggest audit red flags that are NOT worth the deduction (watch out for these!) A bonus depreciation update and how this could save you hundreds of thousands And So Much More! Links from the Show 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 BiggerPockets' Instagram Hear Dave On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Watch Dave on the “On The Market” YouTube Channel 100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall Connect with Brandon Brandon's BiggerPockets Profile Brandon's LinkedIn Brandon's Website Brandon's X/Twitter Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-934 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
If you follow these Airbnb design tips, you could double your nightly rates almost instantly. Don’t believe us? Erica Dike, a short-term rental design expert, has done it before and is sharing her “designing for dollars” formula ANYONE can use to boost nightly rates, double revenue, or increase their bookings. Erica, like many of us, has seen the standard Airbnb designs. You know what we’re talking about—the sterile walls and lack of color, or the obscurely small dining room table for a cabin that’s supposed to sleep ten. Erica’s designs go far beyond what most guests expect, and that’s why she’s been so successful. Erica gives us the three steps to her “designing for dollars” formula, plus seven tips that ANY Airbnb, medium-term, or long-term rental investor can use to attract their target guest/renter and start making more money than ever before. Plus, if you’re a host with a lackluster short-term rental and are looking for some quick design ideas to spruce up your space, Erica shows you step-by-step how to refresh your rental for MORE revenue! No matter what space you’re in—vacation rentals, travel nurse housing, student rentals, or fix-and-flips—these design tips will blow your potential renters and buyers away, leaving you with more money than the house next door. Ready for Erica to “crack the code” on Airbnb design? Let’s get into it! In This Episode We Cover: How Erica doubled a client’s Airbnb revenue with smart design strategies The “designing for dollars” formula that’ll get you more bookings on Airbnb How to define your “target market” and attract the exact guests you want  The seven steps you can use NOW to get higher rents on your short-term rental Why long-term rental landlords MUST pay attention to design to attract the best tenants The first thing to do if you think your Airbnb needs a redesign or refresh And So Much More! Links from the Show 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 BiggerPockets' Instagram Hear Dave and Henry On the “On the Market” Podcast Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started How to Get More Airbnb Bookings This Spring and Summer Break Connect with Erica: Erica's Facebook Erica's Instagram Erica's X/Twitter Website Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-933 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality. Welcome back to another Seeing Greene. As always, your expert investor co-hosts, David Greene and Rob Abasolo, are here to answer any and every real estate investing question you have. First, we answer, "Is an ADU (accessory dwelling unit) EVER worth building?" With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works, then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate. 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: When (and when NOT) to build an ADU (accessory dwelling unit) on your property HELOC (home equity line of credit) interest rates explained and when to open one How David and Rob would invest $300K in today’s housing market How to use home equity and a SMALL real estate portfolio to retire a millionaire  What to do when your long-term tenant NEVER signed a lease Portfolio architecture 101 and the huge benefit of paying off your rental properties  And So Much More! Links from the Show 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 Ask David Your Real Estate Investing Question 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 Listen to Our Sister Podcast, “On the Market” Forum Post: Buying a property where tenant does not have a lease Episode 919: How to Use Real Estate to Quit the 9-5 Grind Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
If you have just $10,000, you can start investing in real estate THIS YEAR, even with ZERO experience. How are you going to do it? In this episode, we’re breaking down the most beginner-friendly ways to build a real estate portfolio with low savings, a median income, and bills to pay. While this might not be the easiest road to real estate riches, within just a few years, you could be sitting on multiple investment properties IF you make the right moves. Dave Meyer, David Greene, and Rob Abasolo all started investing without much cash in the bank. They had to budget, save, and build up their finances to get their first rental property in the bag. But, once they started investing, it was hard to stop. Now, they all have financial freedom-enabling real estate portfolios that spit out plenty of monthly cash flow. And they’re here to help you build wealth, too! Dave, David, and Rob share their favorite ways to start from scratch when investing in real estate, how to best use $10,000 to get in the game, the one beginner investing strategy that EVERYONE should try, and how to use other people’s money to grow your real estate portfolio even faster! So, if you want to make 2024 the year YOU start investing, even if you don’t have a ton saved up, stick around! In This Episode We Cover: How to start investing in real estate with just $10,000 and a median-income job The best beginner real estate investment for those who want to get into the game How to make money in real estate WITHOUT buying a single property  The unconventional advice that could give you a HUGE pay raise at work Real estate partnerships 101 and the exact pitch Rob gave his first partners to raise money for a deal The “sneaky rental” tactic that allows you to scale your real estate portfolio at lightning speed And So Much More! Links from the Show 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 Ask David Your Real Estate Investing Question 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 Get Access to Expert Investing Tools with BiggerPockets Pro Network with Other Investors on the BiggerPockets Forums Grab Dave’s Book, “Start with Strategy” Hear Dave on The “On the Market” Podcast Watch Dave on the “On The Market” YouTube Channel Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-931 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
The NAR lawsuit changed the real estate industry overnight. Just like that, buyer’s agents were no longer getting their standard three percent commission, and many investors began imagining what buying and selling homes would be like without realtors. But is this massive NAR settlement as dramatic as the headlines are making it out to be? Is there really an agent exodus on the horizon, or is this just a way for the bad agents to exit the industry quickly? We brought on a panel of top investor-friendly agents to find out. Joining us are four agents from across the nation: Avery Carl, Craig Curelop, Juliet Lalouel, and Mike Savegnago. All of these agents are affected by the recent NAR lawsuit settlement, but they don’t seem so shaken up. For many of these agents, this lawsuit simply thinned the competition, putting the expert agents back on top while showing the less-than agents the door. Plus, after the recent deals they’ve done, they’re not too concerned about a lack of buyer’s agent fees. Today, we’re asking each of them their thoughts on the changes to the NAR’s rules, how this will affect buying and selling homes, what this means for real estate agent commissions, and what agents should do NOW to get ahead of the game. Plus, since our agent panel is all investors as well, they give some crucial advice on finding an agent in your area that will help you build your real estate portfolio even bigger. In This Episode We Cover: The NAR lawsuit explained and what it means for real estate agent commissions A “huge exit of agents” and how this could change the real estate industry forever What to do when a seller offers you or your buyer’s agent a zero-percent commission What real estate agents need to start doing NOW to ensure they still get paid The key signs of an investor-friendly agent that any landlord should be looking for Massive downsides of buying or selling without an agent (it will cost you…) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Craig's BiggerPockets Profile Craig's Facebook Craig's Instagram Craig's Website Juliet's BiggerPockets Profile  Juliet's Instagram  Juliet's Brokerage Instagram Juliet's YouTube Juliet's Website Mike's BiggerPockets Profile Mike's Facebook Mike's LinkedIn BiggerPockets' Instagram Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-930 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
Why are David and Rob selling off parts of their rental portfolios? It’s a new season, and you know what that means—spring cleaning! And if you’ve got underperforming properties, a real estate business that’s just treading water, or employees who aren’t moving the needle, this is the episode for you. David and Rob are talking about “trimming the fat” of their portfolios and businesses, weeding out the bad expenses, and selling off their problem rental properties. And with spring being the best time to sell, you may want to consider doing the same. First, we’re going through David and Rob’s real estate businesses—they’re talking about hiring, firing, starting new businesses, and when it’s time to slow INSTEAD of grow. Next, the investing duo takes a hard look at their portfolios, triaging the properties into winners, losers, and the ones that need a little love. If you’ve got a rental property that isn’t pulling in the numbers you want, now may be the time to sell! But, if you’re going to sell some of your rentals, how do you use that money to keep building wealth? We’ll get into exactly what David and Rob are doing with the money from their problem rental properties and how they’re using it to multiply their cash flow even more. Don’t leave your portfolio collecting dust—you’ve got some spring cleaning to do! In This Episode We Cover When it’s time to sell your rental properties (and how to know they’re underperforming) Why you should NOT start a new business until you evaluate THIS  Hiring, firing, and how to know it’s time to cut back your business expenses  The real reason you need to visit your properties more often (Rob’s BIG mistake) Return on equity (ROE) and why you need to keep track of this crucial metric David’s potential move and why he may be leaving the Golden State behind  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-929 Learn more about your ad choices. Visit megaphone.fm/adchoices
In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units. How’d he do it so quickly? Before we answer that, we’re going to make this a little more impressive. Dylan isn’t buying in the big cities with tons of inventory going on the market every week—he’s been buying in tiny towns that you and almost everyone else listening to this have never heard of. And he may have struck gold by doing so. Dylan acquired his first investment property right before the lockdowns. Then, after closing, he quickly realized that this was the worst rental property he could have bought. It had everything—low rents, tenants who never paid, and, to top it off, a cesspool of human waste in the crawlspace—everything you need for a deal gone wrong. He quickly got control of this nightmare rental, flipping it and walking away unscathed. But now, he had to start back from square one, this time with new knowledge. Over the next few years, Dylan made it his mission to build multiple income streams, so every dollar he made went into new deals. He eventually met partners that would help him scale even quicker and learned the secret to finding the best off-market properties—don’t worry, he shares it in this episode! Now, he’s got over one hundred rentals across three small markets, and if you copy his strategy, you could too! In This Episode We Cover: Why you CANNOT overlook small markets when investing in real estate The #1 best way to find off-market real estate deals in any area How much emergency reserves you should have on hand at ALL times Investing in real estate with no money by finding the deal FIRST Scaling your real estate business faster so you don’t have to do so much of the work The risk of having only a W2 salary and just one income stream 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 Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Use The BiggerPockets Investment Calculators On Your Next Deal Hear Dave and Henry On the “On the Market” Podcast 8 “Under the Radar” Housing Markets With Low Prices and High Cash Flow Connect with Dylan Dylan's BiggerPockets Profile Dylan's Facebook Dylan's Instagram Dylan's Website   Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-928 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
When is it NOT worth taking a capital gains tax exemption? Wouldn’t it ALWAYS be a good time to pay Uncle Sam less? Not exactly…and today, we’re going to get into why. But there’s much more coming up in this Seeing Greene. If you’ve had trouble with an overbudget home renovation or are a real estate agent looking for new ways to find leads, stick around—we’ve got just what you need. BRRRRman and Rob-in are back as our housing heroes, answering any and every question you have about real estate investing. First, Ronnie, a new real estate agent and full-time law enforcement officer, wants to know how to get more leads in his small market. David gives one piece of advice EVERY real estate agent must hear to help explode their businesses. Next, we discuss refinancing vs. recasting your mortgage and when each is worth it. A house hacker debates reinvesting in his backyard tiny home or buying a house in cash. Then, we talk about why selling your former primary residence, even with a capital gains exemption, might not make sense. And finally, a rehab gone wrong causes an investor to question whether it’s time to hold ’em or fold ’em. 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 get more real estate leads as an agent no matter the size of your market “Recasting” your mortgage and how it can save you hundreds or thousands every month Reinvesting in a rental or buying a new one in cash using a cash-out refinance Avoiding capital gains taxes when selling your primary and whether to move that cash into a new rental OR keep the property Home renovations gone wrong and when to sell a property you’ve gone over budget on 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 Ask David Your Real Estate Investing Question 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 Meet Investors in Your Area on the BiggerPockets Forums or at a BiggerPockets Meetup: Forums Meetups Grab David’s Book, “SCALE” Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-927 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
You want to grow your real estate side hustle, but your W2 is taking up too much of your time. How do you invest in real estate when you’re stuck at the office or behind a desk from nine to five? We’re about to give you expert tips on growing a real estate portfolio or real estate business no matter your W2 because if David Greene and Rob Abasolo can do it, so can you! Whether you want to build a rental property portfolio, flipping or wholesaling business, real estate agent side income, or something else, it can be a struggle managing your real side hustle while working your full-time job. And, if you eventually want to quit your job and become a full-time real estate investor, you’ll need your real estate to produce as much or more than your current job, but how do you make that type of income with only nights and weekends free? These six tips will help you create a bigger, better, more scalable real estate side hustle, helping you do more with less time WITHOUT burning out. From setting a side hustle schedule to automating everything you DON’T need to be doing, avoiding feeling overworked, and using your free time to speed up your timeline to financial freedom, these tips are CRUCIAL if you ever want to build wealth through real estate. So, if you’re struggling to balance your job with creating a real estate business/portfolio, implement these tips TODAY! In This Episode We Cover: Why you need to START telling your boss (and yourself) “no” more often How to automate and delegate to free up time in your day so you can do what matters most The Pareto Principle (80/20 rule) that will change the way you do anything and everything Tips to avoid burnout when working a job AND for yourself and what David did to reverse his real estate paralysis Why you should NOT quit your job until you’ve reached THIS stage of investing 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 How to Use Real Estate to Quit the 9-5 Grind 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 Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-926 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
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
Want to explode your real estate portfolio? Then you MUST know about raising private money. When done correctly, private money (also called private capital) can help you and your investors reach financial freedom faster instead of wasting months or years between deals as you wait for your savings to grow. The best part? It’s not just the big players that are raising private capital. Small-time investors doing five or ten-unit deals can still massively benefit from private money, and we’re about to show you how to get it! When talking about private capital, there’s arguably no one who knows the subject better than Matt Faircloth. Matt literally wrote the book Raising Private Capital and has used the same strategies in it to raise millions of dollars for his own investing business, The DeRosa Group. Matt’s partner, Hervé Francois, also joins us today to go over the beginner steps of raising private capital. These two capital-raising experts will show you exactly how to raise your first $1,000,000 in three simple steps and give you a pitch example you can use to raise private capital from ANYONE in your network! Connect with more investors, get more deals done, and raise private capital faster with a BiggerPockets Pro membership. Podcast listeners get 20% off with code “FUNDING24”! In This Episode We Cover: How to raise private capital and get your first $1,000,000 in private money Scaling your real estate portfolio FASTER by leveraging private capital The BIGGEST mistake beginners make when trying to raise private capital The three beginner steps you can take to start raising private capital for your next deal A private money pitch example you can use to start building your network The best real estate investing tool that every capital raiser should have 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 BiggerPockets Tools Mentioned in Today’s Video: Bootcamps Forums Invelo Meetups Rental Property Calculator Rent Estimator Grab Matt’s Book, “Raising Private Capital” Connect with Hervé Hervé's BiggerPockets Profile Hervé's LinkedIn Hervé's Website Connect with Matt Matt's BiggerPockets Profile Matt's Instagram Matt's Website Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-924 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
Feeling scared to do your first or next real estate deal? Even if everything goes wrong, you may still be in a better position than Ayesha and Kevan Shelton were just a few years ago. After quitting their jobs to become full-time real estate investors, Ayesha and Kevan found themselves staring at a $300,000 loss. Their credit was ruined, their life savings drained, and most of their partners walked away, never to return. Ayesha and Kevan did the right thing, paying back every investor who funded their failed house flips, but it came at a cost. With a baby on the way, Ayesha and Kevan were debating bankruptcy to get some relief from the massive financial pressure they were under. But some wise investors told them they had it in them to rebuild their wealth—and that’s precisely what they did. In today’s incredible investor story, you’ll hear about how this power couple pivoted to turn their business around and began investing in new build construction projects. Now, five years later, they’ve built sixty homes, developed their own communities, and created true wealth out of nothing. The best part? These new construction homes are affordable housing, helping solve the inventory crisis we’re currently facing and giving those that truly need it safe, affordable, quality homes to live in. And if Ayesha and Kevan can do it starting from negative, you can too, even if you’re starting from zero! In This Episode We Cover: How Ayesha and Kevan turned a $300K loss into a massively successful business  Why you always (ALWAYS!) pay back the investors you’ve borrowed from Affordable housing 101 and how to get discounted land deals for your next new construction project How to find the “path of progress” of where homes will appreciate in your area Scaling your business with new construction homes instead of flipping houses Private money, hard money, and other creative financing methods to use when banks WON’T fund your 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 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 Dave and Henry On the “On the Market” Podcast 4 Vital Points to Consider BEFORE Getting Into New Construction Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram BiggerPockets' Instagram Connect with Kevan & Ayesha Kevan's BiggerPockets Profile Ayesha's Facebook Kevan's Facebook Ayesha's Instagram Kevan's Instagram Ayesha's LinkedIn Kevan's LinkedIn Park Street Homes Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-923 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
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
Wondering how to get more bookings on Airbnb as spring break and summer vacation inch closer? With some expert tips, you’ll be able to bring in more revenue and higher reviews during these peak travel times. From listing optimizations to algorithm-beating description tweaks and amenities that’ll make your short-term rental stand out, using any of these expert tips can help your single short-term rental or short-term rental portfolio see more bookings flow in! We’ve already got a short-term rental expert on the show, Rob Abasolo. But one isn’t enough. Avery Carl is back to give her time-tested tips on boosting your Airbnb bookings during the spring break and summer vacation seasons. These two full-time vacation rental investors get into how to make more money with last-minute bookings, why you MUST change your pictures before it’s too late, the description tweaks that can lead to a full calendar, and the “low-hanging fruit” amenities that guests LOVE to see! Plus, since it’s spring break, these experts give their best tips on how to avoid parties at your property and stop your short-term rental from becoming a spring break rager! 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 Book Mentioned in the Show: Short-Term Rental, Long-Term Wealth by Avery Carl Connect with Avery: Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-921 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
A bombshell NAR settlement could bring wide-sweeping changes to the housing market. After a snowball of NAR lawsuits, the realtor association agreed to settle for a whopping $418 million and make critical changes to how real estate agent commissions are paid and how competition can be upheld. This significantly impacts anyone buying or selling a home and has life-changing effects for every real estate agent and realtor in the country. The New York Times’ Debra Kamin joins us to break the story. Debra breaks down the enormous legal loss that NAR (National Association of Realtors) suffered last week and the impacts it will have on the housing market. First, we discuss the new agent commission rules, which may break the standard six percent fee that realtors are used to taking. These commissions are real estate agents’ livelihoods, and a new model that supports lower commissions could force many agents to leave the industry entirely.  We’ll also touch on the turbulent times NAR has faced recently, from sexual harassment scandals to changing leadership and, now, a massive settlement that could lose them more than half of their members. Will a new type of real estate agent form from the ashes of this century-old model? Or, could a brand-new way of buying and selling homes transform the housing market? Stay with us; we’ll give you the entire scoop. In This Episode We Cover: NAR’s massive settlement creating ripple effects across the real estate market  The new real estate agent commission rules that could shock an entire industry  Changes to the multiple listing service (MLS) that may open the market up to new competition  The future of buyer’s agents and whether or not they’ll remain a critical component to buying a home  Sexual harassment scandals, turbulent leadership, and recent NAR struggles  What the future of using a real estate agent could look like  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 Check out the entire episode on the "On the Market" YouTube Channel Dave's BiggerPockets Profile Dave's Instagram The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit Is It the End of the Realtor? Inside the NAR Crisis New Agent Lawsuits Could Have Profound Effects for Buying and Selling Homes Connect with Debra: NYT Debra's Website Debra's Twitter Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-920 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
Ready to escape the rat race and leave your nine-to-five behind? You’re tired of the early mornings, late nights, alarm clocks, and commuting. You want to go out on your own, create your own destiny, gain autonomy, and control your schedule. Can real estate help you get there? Definitely, but it won’t be the way you think. Those popular flipping shows on TV and influencer Instagram feeds love to show how easy and fun it is to be a full-time real estate investor. But is this reality? Today, we’re having an “escape the rat race” roundtable as Dave Meyer, David Greene, and Rob Abasolo discuss the best way to quit your job with real estate. Two of these investors are full-time real estate professionals, while one still holds their nine-to-five. In this episode, they get into the exact strategies you can use to start building wealth through real estate, create cash flow to replace your job, and determine which investments will work best for you. There’s even one strategy they ALL agree is the best way to get started. But before you hand in your two weeks’ notice, you better listen up. The world of full-time real estate investing isn’t what it seems on the outside, and unless you’re willing to put in the work, you might as well stay at your job and invest on the side. Want to hear about the grind none of the investing gurus will tell you about? Stick around; we’re sharing it all in this episode.  In This Episode We Cover: How to quit your nine-to-five job and start investing in real estate full-time The easiest way to get started investing in real estate that EVERYONE should do Active vs. passive real estate investing and whether you should flip houses or fund other people’s deals The truth about real estate cash flow and why it WON’T solve the problems you want it to Which personality types should invest in which assets (and the ones you should avoid) Real estate jobs you can start NOW that will help you get into the game 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 Grab Dave’s Book, “Start with Strategy” Forum Post: Which real estate strategy works best to escape the 9-5 rat race? Hear Last Week’s Seeing Greene, “Seeing Greene: Can I Escape the Rat Race with Just $70K?” Why you shouldn’t quit your 9-5 job to become a real estate investor David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPocket's Instagram Connect with Dave: Dave's BiggerPockets Profile Dave's Instagram Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-919 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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Comments (165)

Jake F

I love bigger pockets, but this was terrible. One long ad for pro memberships, and the mock pitch was cringe worthy.

Mar 28th
Reply

Habia Khet

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Feb 5th
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Brandon

why too many commercials these days.

Jan 26th
Reply

Devon Edwards

"It spreadsheeted... that could come out wrong." 😂😂😂

Dec 30th
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husain hufazi

did

Nov 28th
Reply

Devon Edwards

I'll be buying the paperback version. This narrator is way too dry for me.

Nov 23rd
Reply

Hamed Amiri

they had a very poor explanation of their service and how it is related to "blockchain"!

Aug 28th
Reply (1)

Aakash Amanat

I'm a huge fan of the BiggerPockets Real Estate Podcast! The insights and discussions they bring to the table are incredibly valuable for both seasoned investors and newcomers to the real estate world. https://issuu.com/customise-sticker I particularly enjoy how the hosts dive into a wide range of topics, from market trends and investment strategies to tips for managing properties and building a successful real estate portfolio. The guests they bring on the show also add a diverse perspective, sharing their experiences and lessons learned in the industry. https://www.openstreetmap.org/user/Customise-Sticker

Aug 21st
Reply

Ted Rosenquist

how did she finance all of the deals. I heard Brrrr method but did she just roll from o e to the next for all of them? This is where I am stuck. I have 2 buildings/3 doors. I want to scale, but I don't have the cash for downpayments. Technically I can refinance both buildings, but it would not be enough for a downpayment for a third building.

May 15th
Reply (6)

Dorian C. Schiefelbein

The scaling of projects of space organizations is especially positively perceived with the announcement of the creation of new jobs https://orbitaltoday.com/2023/03/31/orbex-under-fire-as-danish-jobs-rise/ After the start of the operation of a new production, compliance of the declared obligations to create jobs does not always correspond to reality.

Apr 5th
Reply

Ben Mallard

This guy inspired the f*** outta me.

Mar 16th
Reply

Brian Wood

Love the show good information and great personalities

Feb 22nd
Reply

Rosalie Steame

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Feb 22nd
Reply

Amy Mead

Started trying offer below ask, no one has even given a counter offer. so I am guessing the offers were offensive. The last offer we put in was above asking, and we still got beat out. I was trying to follow advice from this podcast but I am confused becausewhat i am seeing doesn't match what i am hearing online. Also, properties are moving really fast, going contingent in one or two days, while I am still running numbers. I thought the RE market was slowing down. I am making offers in OBX, NC and North Shore in MA.

Feb 21st
Reply

Bill Falagitis

Good day Guys, Hope all is well and that life I treating you fairly. My name is Bill Falagitis and I live and invest is real-estate in Ontario Canada. I'm having a hard time making an account on the Bigger Pockets website. Can Canadians make an account to BPs? if not can you suggest someone in Canada that's even as half as good as you guys are that can help out? You guys are so inspirational please keep up the good work. Thank you for your time.

Oct 23rd
Reply

Jeramy Jasmann

I really liked the brief interludes with summaries by David and Rob on this episode. I didn't feel like it took away from what was being said; on the contrary it added value by reinforcing key points.

Sep 23rd
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Sep 19th
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steve

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Jul 26th
Reply (1)

Vernon Martin

Great content! but was chopped up and had random interruptions.

Jun 11th
Reply

Christopher Pedersen

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Jun 5th
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