On The Market

South Carolina real estate attorney Gary Pickren discusses the new law potentially leading to a nationwide wholesaling ban. He explains the implications and loopholes of the law, emphasizing the impact on wholesalers across the US. The podcast explores the legal verbiage of the ban and offers insight into navigating the changing landscape of real estate wholesaling.

Experts debate on the most lucrative real estate investment strategies for 2024 - flipping, renting, or new builds. Tips on avoiding risks, finding financial freedom, and investing with minimal time. Insight into landlord insurance challenges and Airbnb income opportunities. Advantages of new construction homes and choosing the right lender for successful investments.

Redfin's Chen Zhao explains why Millennials struggle to buy homes while Gen Z is ahead, covering age trends in homebuying, the 'silver tsunami' of housing inventory from aging Baby Boomers, and the impact of interest rates on real estate. The episode also delves into the 'buy vs. rent' debate and the shift towards renting single-family homes due to affordability issues.

Home prices reach record high, Americans still bullish on real estate as long-term investment. Tips for selling homes faster, Airbnb's measures against party incidents. Comparison between real estate and stock market investments, tax benefits, market trends, and pricing strategies discussed in depth.

Top lenders Caeli Ridge, Krystle, and Kenny Simp discuss the hopeful trend of mortgage rate relief, the best investor loans, and strategies for boosting ROI. They cover loan products like DSCR loans and HELOCs, warning against potential surprises for adjustable-rate mortgages.

Explore the debate on paying off rental properties early, reinvesting, or buying more in 2024. Strategies for high-return investments, optimizing real estate portfolios, and balancing debt repayment with reinvestment. Expert insights on financial planning, leveraging debt for growth, and making informed investment decisions in the current market landscape.

Real estate expert John Sheffield discusses the rising costs of owning property due to climate risks like hotter summers and natural disasters. He highlights the impact on expenses such as insurance, maintenance, and property taxes, urging investors to consider these factors when underwriting deals. Sheffield emphasizes the need to assess climate risks for informed property investments and adapt to the changing real estate landscape.

Discussing economic pessimism amidst investors still buying, job report impact on interest rates, Redfin settlement in agent commission lawsuits, Americans' reluctance to buy homes, rising unemployment and slowing job growth, consumer sentiment and spending behavior in a pessimistic economy

Legal experts Denise Medina and Patrick MacQueen discuss the complexities of squatters' rights and landlords' challenges. They explore eviction processes, prevention methods, and the historical origins of squatting laws. They also cover the impact of evolving regulations, the difficulties in real estate transactions, and the importance of proper documentation in rental agreements.

The housing market has seen unprecedented home price growth in the 2020s. Already, we’ve almost beat the past three decades, and we aren’t even halfway through our own. And now, with home price growth slowing, many people wonder how we’re still in a position of high housing costs and low inventory. The answer is simple: “Switching costs” are holding the housing market in limbo, and the more you know about them, the more our current situation makes sense.Put simply, “switching costs” are not only the financial but also the psychological costs of selling your current home and buying a new one. With mortgage rates close to double what most Americans have locked in, there’s a substantial financial consideration when purchasing a new home. Lance Lambert, co-founder of ResiClub and housing data authority, is on the show today to talk about home prices, housing inventory, and how “switching costs” influence both.Lance details how our massive home price acceleration put many Americans in an affordability bind, making “switching costs” higher than in recent history. So, how do we cross the threshold to enter a time when “switching costs” are low, prices are stable, and housing inventory returns? Lance walks through exactly how to tell the direction your local housing market is going in and the data investors must look at to get a better sense of how home prices and housing inventory are trending.In This Episode We Cover“Switching costs” explained and why they’re keeping the US housing market in limboThe “lock-in effect” that’s suppressing our housing inventory and keeping owners from sellingInflation’s sizable role in the massive home price appreciation we’ve been seeingThe slow recovery in active listings and how far behind pre-pandemic levels we areThe one data point you must follow if you want to gauge how healthy your local housing market isAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramOn the Market 108 - How the Pandemic Polarized America’s Property Market w/Lance LambertOn the Market 189 - The Fed’s Plan “Backfired,” Now They’re Scrambling w/Logan MohtashamiNational home price growth this decade has already surpassed that of the entire 1990s and 2010sRead More from Lance:https://www.resiclubanalytics.com/Jump to topic:(00:00) Intro(01:27) Housing Inventory Update (05:00) “Switching Costs” Shoot Up (10:52) Are Owners “Locked-In”? (16:04) Can Home Price Growth Last?(21:36) How to Predict Your Market (26:10) Connect with Lance!Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-215Interested 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