BiggerPockets Money Podcast

In this podcast episode, the hosts discuss the options of real estate investing and starting a side hustle for passive income. They provide insights on offsetting high-risk portfolios and building cash positions. The guest, Kayla, shares her concerns about refinancing her mortgage and potential recession risks. The hosts compare the pros and cons of real estate and side hustles as the best financial choice, emphasizing the importance of defense mechanisms.

Guests Heather and Tarek El Moussa, entrepreneurs who have flipped over 1,000 homes, discuss their journey, advice for investors, and their experiences as real estate stars. They share insights on finding house flipping deals, wholesaling real estate, and why Tarek sees 'rough times' ahead for investors. They also reveal the story behind a recent deal gone wrong, handling tenant complaints, online harassment, and death threats.

Teaching kids about money is crucial; Katie shares lessons her FIRE father taught her. They discuss funding college through investing accounts, allowances, and saving money. They answer a money question and discuss saving and investing strategies. They also talk about working in a big four accounting firm.

Chris, guest on today's episode talks about the potential of using a franchise to achieve FIRE in a shorter timeframe. They discuss the viability, returns, initial investment amount, and expected asset value. They also touch on skepticism, due diligence, and risk mitigation when considering such a business opportunity.

Guest Seth Godwin, fired from his job with $30,000 credit card debt, shares tips on escaping debt, avoiding car loan scams, and navigating student loans in an entertaining and insightful episode.

This podcast discusses the possibility of a housing market crash and explores factors such as low interest rates, job loss, and lack of savings. They also debate whether it's worth selling a home to pay off credit card debt and whether investing in the stock market or paying off a mortgage is the better option. Additionally, they share tips on cutting expenses and paying off debt, and promote their YouTube channel and investor-friendly agents.

Tracy Coenen, expert forensic accountant specializing in unearthing money shenanigans in marriages, shares tips on protecting your financial future during separation. Topics discussed include common marriage and money-related stressors, when to hire a forensic accountant, warning signs of financial infidelity, and the benefits of prenuptial agreements.

A registered nurse from California shares his journey of increasing income, optimizing financial position, and exploring opportunities in the healthcare industry. They discuss the option of house hacking, investing in vending machines for passive income, and exploring opportunities in small businesses for wealth growth.

Vivian Tu, the internet's expert on money and personal finance, discusses the financial red flags to look for on a first date, questions to ask to gauge a potential partner's financial situation, the biggest money mistake in relationships, and how to start financial planning together for a happier and wealthier life.

Real estate syndications are facing failure in 2023 due to rising interest rates, vacancies, and inexperienced operators. J Scott explains what to look for in a syndication and the risks involved. The podcast discusses challenges in commercial real estate loans, understanding the cyclical nature of syndication deals, and the reality of non-accredited investors. They also have a candid discussion on the challenges in the syndication space and provide reminders for syndication investors.