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Scott Trench

Co-host of the BiggerPockets Money Podcast, contributing financial knowledge and guidance.

Top 10 podcasts with Scott Trench

Ranked by the Snipd community
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16 snips
May 18, 2024 • 51min

Better Investment: Stocks or Real Estate?

Scott Trench and Dave Meyer from Bigger Pockets join the debate on whether stocks or real estate is a better investment. They discuss the benefits and risks of both options, including long-term returns, leveraging, diversification, and time commitment. The speakers highlight the importance of positive cash flow in real estate, while contrasting the flexibility of stock investments. The episode dives into comparing startup costs, investment strategies, and wealth management approaches in both markets.
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15 snips
Sep 22, 2024 • 28min

Two Sides of Airbnb

Alicia Alfiere, a Motley Fool Analyst with a sharp focus on investment strategies, teams up with Scott Trench, CEO of BiggerPockets and real estate expert. They delve into Airbnb's shifting landscape, tackling its capital allocation and the rising competition it faces. The duo shares insights on how real estate investors can jump into the short-term rental game and the challenges of scaling management. With a perspective on host strategies and evolving market dynamics, they paint a vivid picture of what’s next for Airbnb and its investors.
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13 snips
Dec 23, 2024 • 1h 12min

Want to Buy Real Estate in 2025? Listen to This FIRST (Best Advice of 2024)

Scott Trench, CEO of BiggerPockets, shares honest insights on navigating today’s high-cost real estate market. Chad Carson reveals how a small portfolio can lead to financial freedom, debunking the myth that you need many rentals. Ashley Kehr offers beginner-friendly tactics for investing with just $50,000, while Henry Washington highlights the importance of choosing the right markets. The discussion also touches on the potential impact of political changes on the housing landscape, making it a must-listen for future investors!
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12 snips
Sep 16, 2024 • 55min

510 | Real Estate 2024 Update | Scott Trench

Scott Trench, a real estate expert from BiggerPockets, shares his insights on the 2024 market. He discusses the 'lock-in effect' that keeps homeowners from selling, the evolving rent vs. buy dynamics, and the viability of house hacking. Scott addresses how rising interest rates are impacting both residential and commercial properties, as well as opportunities for investors in a downturn. He also navigates the complexities of real estate syndications, cautioning listeners about potential pitfalls and the importance of thorough research.
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11 snips
Feb 27, 2023 • 54min

426 | What to do with $2.5 Million & Real Estate Update | Scott Trench

In this episode: the 2.5 million dollar inversion, looking at the incentives, interest rates, your biggest asset, and potshots. When you begin your FI journey, you may feel like you must follow a certain path or plan in order to achieve your desired outcome. However, the longer you are this journey the more you realize that it is a personal one that requires adaptability when so many factors can affect your bottom line. This week we are back with Scott Trench from BiggerPockets as he shares his insights on investing and looking at your portfolio from an “outset” perspective, as well as touch on the shape of the real estate market. It is important to remember that there is a lot of push and pull on this journey, and it is not meant to be perfect. While you may have expectations for your portfolio and your long term plans, there will be times where you will have to make tradeoffs. Just as the markets change and may signal uncertainties to come, remember that flexibility while maintaining your long term goals will allow you to feel more equipped to move through these times.  Scott Trench: Website: BiggerPockets Podcast: The BiggerPockets Money Podcast Instagram: @scott_trench Timestamps: 0:57 - Introduction 2:05 - The 2.5 Million Dollar Inversion 8:52 - Always Look At The Incentives 12:49 - The Traditional Path To FI And PotShots 17:45 - Your Biggest Asset/Should You Be Inefficient? 25:52 - Executing The Concept 31:12 - The Impact Of Interest Rates Today 42:21 - The Commercial Impact 52:10 - Buying Properties With Cash 56:21 - Conclusion Resources Mentioned In Today’s Episode: Scott Trench | Set For Life | ChooseFI Ep 63 First-Time Home Buyer | BiggerPockets | ChooseFI Ep 312 "Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!" by Robert Kiyosaki Mr. Money Mustache on Life After FI: The Truth About Retiring Early in Your 30s BiggerPockets Rental Property Calculator Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance
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8 snips
Mar 11, 2021 • 1h 11min

450: How Your First Time Home Buying Decision Affects Long-Term Wealth with Scott and Mindy

Scott Trench and Mindy Jensen, co-authors of a guide for first-time home buyers, share their insights on making smart real estate investments. They discuss the critical balance between cash flow and property appreciation, addressing how your initial home purchase can shape your financial future. The duo emphasizes the need for thorough research, avoiding budget overextension, and creating a strategic financial plan. Their book serves as a helpful resource for anyone looking to navigate the often-confusing world of real estate.
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7 snips
Mar 18, 2024 • 11min

1251 - Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why by Scott Trench Part 2

Discussing the current multifamily and commercial real estate crash with significant wealth loss, surge in cap rates, and declining asset values. Exploring challenges facing multifamily real estate in 2024, including oversupply of units impacting rent growth. Analyzing the impact of higher interest rates on rental demand and the shift towards single-family homes over multifamily rentals.
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6 snips
Aug 25, 2023 • 1h 7min

The Reality Behind High Home Prices, with BiggerPockets CEO Scott Trench

Scott Trench, CEO of BiggerPockets, shares insights on real estate investing. Topics include economic trends, demographic shifts, interest rates, remote work's impact on housing market, and factors to consider when choosing a city to invest in. They also discuss the differences between commercial and residential real estate and the current state of single-family and multi-family real estate investments.
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6 snips
Jul 16, 2022 • 1h 14min

200: Scott Trench’s 10-Step Checklist to Buy Your First Rental Property

You’re here to buy your first rental property. This is the Real Estate Rookie Podcast, and as a rookie, where should you start? Most new real estate investors think that the steps to buying a rental property are simple—find an agent, find a property, buy the property. And although that could buy you a rental property, the chances of you becoming successful are very low. Real estate investing requires much more than just purchasing a property if you’re trying to build generational wealth, financial freedom, and a life that operates on your schedule.It shouldn’t be surprising that the CEO of a company like BiggerPockets is someone who took the slow, yet highly successful route. No raising money on his first deal, no buying multimillion-dollar apartment complexes, no giant yacht, and no private planes. Scott Trench is the epitome of the “grind until you shine” real estate investor. Starting with little-to-no savings, he was able to work his way up to his first rental, his second, and now his thirteenth.To celebrate the release of the updated version of his wildly popular book, Set for Life, Scott has created a ten-step checklist that any new investor should use to get their first real estate investment. These steps were specifically designed for you to not just get one rental, but many more following your first purchase. These are the exact steps Scott took to reach financial freedom in under ten years, and if you follow them as well, you might be able to do it faster.In This Episode We CoverThe ten steps to becoming a successful real estate investor (even if you have no experience)Frugality and its impact on how you invest and grow your wealth over timeCalculating your dollar per hour cost and choosing whether or not to outsource workThe four levers of wealth creation and how to pull them all for fast-paced wealth buildingHow Scott went from entry-level worker to CEO of BiggerPockets in under ten yearsBuilding your “investor ability” so you can make smarter decisions fasterAnd So Much More!Links from the ShowRookie Readiness ChecklistAshley's InstagramTony's InstagramBiggerPocketsReal Estate Rookie PodcastReal Estate Rookie Facebook GroupBiggerPockets ForumsPodcast Guest Onboarding FormBiggerPockets BookstoreThe BiggerPockets Money PodcastDish NetworkThe Real Estate PodcastJoshua Dorkin's WebsiteBrandon Turner's InstagramDave Visaya's Podcast Editing ServicesMr. Money MustacheAirbnbVrboMindy Jensen's InstagramFrom 400 Credit Score to Making $17,000/Month in Passive IncomeBiggerPockets BootcampsFREDBiggerPockets CalculatorsBuildiumConnect with Scott:Scott's BiggerPockets ProfileScott's Rookie Readiness ChecklistCheck out the full show notes here: https://biggerpockets.com/blog/rookie-200Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices
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5 snips
Dec 12, 2022 • 49min

362: Scott Trench’s Step-by-Step Guide to Building Your Perfect, 1-Page Investment Plan

A financial plan puts you on the path to long-term wealth and a life rich in time freedom. So why don’t most Americans have one? Everyday workers are often so focused on paying bills and having a sliver of time to relax that they completely forget the whole reason many of us work—to one day do what we want, when we want, with who we want. So, if you’ve been on the grind, making money, wanting to build wealth, but don’t know where to start, this is the episode for you.In it, Scott Trench walks through his “investment philosophy,” a simple, customizable plan that has allowed him to build wealth at record speed all in less than ten years. This document can be used by anyone in any position no matter how much you have invested or saved up. Once written, this simple financial plan gives you laser-focus on building wealth, so market crashes or corrections become a buying opportunity and slow months/years are something to cherish, not worry over.Scott and Mindy walk through this document piece by piece, giving you the exact answers you need to build your investment plan today. Although this document may sound simple, it’s what will define your life’s effort for the foreseeable future and give you the structure you need to accomplish massive wealth-building goals that may have seemed almost impossible before!Get the Personal Investment Philosophy Template Here!In This Episode We CoverWhy creating a financial plan/investment philosophy is so crucial when building wealth Goal setting and discovering the principles of investing that you followHow to set your “target state” and what to do after you’ve achieved your biggest goalsHow to choose which asset classes to invest in (even if you’re brand new to investing)Emergency funds, safety reserves, and when or when not to keep a large cash positionThe three steps you can do TODAY that will fast-track your wealth-buildingAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterScott's InstagramListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetGet the Personal Investment Philosophy Template Here! Finance Friday: First Down Market? Here’s How to Stop StressingThe Money Date: What You Should (And Definitely Should Not) Do to Align Your Finances as a CoupleClick here to check the full show notes: https://www.biggerpockets.com/blog/money-362Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices