BiggerPockets Real Estate Podcast

Join Kathy and Rich, co-authors of 'Scaling Smart,' as they share their journey from burnout to building a thriving real estate portfolio. They discuss the crucial distinction between growing and scaling, revealing how to find efficiency and balance. The duo emphasizes aligning business goals with personal values, strategic planning, and the power of delegation to create an organizational structure that fosters success. They highlight the importance of staying grounded in your motivations while navigating the challenges of real estate and maintaining personal fulfillment.

Ankit Lodha, a real estate investor who scaled his portfolio from zero to 30 properties in just two years while working as a data scientist, shares his journey. He discusses how he navigated high interest rates with creative financing and seller financing, avoiding hefty down payments. Ankit reveals strategies for managing properties remotely and leveraging market insights to maximize cash flow. His unique approach emphasizes the importance of networking and adapting to market needs for achieving higher returns in the competitive real estate landscape.

Investing in new construction homes is gaining traction as a smart choice for 2024. These properties often come with lower prices, better conditions, and reduced maintenance headaches compared to older homes. An expert shares insights on negotiating rock-bottom mortgage rates and the importance of understanding market trends. Discover how strategic investments in emerging markets can lead to significant returns. Plus, learn about navigating negotiations with builders to maximize your investment potential.

Real estate risk can make you wealthy or cause your portfolio to come crashing down. Like any type of investing, real estate can be risky. However, the amount of risk you take changes depending on the deal. Today, we’re helping YOU figure out how much risk YOU should be taking based on your goals and then share some expert risk management tactics so you can be prepared even if a “black swan” event throws your entire real estate investing plan out the window.Ashley Wilson started investing in real estate at a risky time. It was 2009—nobody knew if the housing market would face another significant downturn and crash again. Thankfully, due to determination (and a bit of helpful ignorance), she invested at a time that turned out to be one of the best in history. Now, running massive multifamily real estate deals, Ashley has not only survived but thrived through high interest rates, a pandemic, falling rents, and economic uncertainty.What does she do differently than most investors? She faces her real estate risks BEFORE they happen, and today, she’s showing you how to do the same. We’re talking with Ashley about risk management, how much risk you should take based on your goals, the “buckets” of risk and what you CAN control, and what to do NOW to limit your risk of loss.In This Episode We Cover:Real estate investing risks and how to mitigate them before it’s too lateDodging black swan events and what to do BEFORE a rare risk hits youThe controllable risks you can plan for NOW that’ll protect your wealth during troublesome timesRisk profiles based on whether you’re building, preserving, or tax-sheltering your wealthWhy shiny object syndrome will cause you more headaches (and loss) than you thinkAnd So Much More!Links from the ShowJoin BiggerPockets for FREELet Us Know What You Thought of the Show!Invest in Multifamily like Ashley with "The Multifamily Millionaire, Volume I"Property Manager FinderSee Dave at BPCON2024 in Cancun!Today’s Real Estate Risks: What Are Investors Ignoring?Connect with AshleyConnect with Dave00:00 Intro03:38 3 Types of Investor "Risk"07:22 Investing During "Risky" Times11:18 The "Buckets" of Risk14:46 Dodging "Black Swan" Events18:52 Risk Mitigation Tactics to Use NOW23:53 The Risk of Loss Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1013Interested 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

Rent-to-own real estate can make you more cash flow, with less risk and fewer expenses, all while helping tenants become homeowners. But if it’s so good, why isn’t everyone doing it? Simply put, most investors have no idea that rent-to-own real estate is even possible! So today, we’re talking to an investor, sharing the ins and outs of this lucrative strategy, and showing you how she scaled from zero to over fifty units, half of which are thanks to this strategy.Maura McGraw and her husband quickly realized that being active-duty military members wouldn’t lead to the stable family life they dreamed of. They needed a way out while still making enough money to provide. So, they pivoted and began formally studying real estate. After a first deal left them with a $30,000 loss, Maura did what most wouldn’t and got back out there searching for another deal. After dozens of flips and numerous rentals, she stumbled upon rent-to-own investing—a strategy that would fuel her real estate portfolio’s growth.Imagine getting monthly rent checks without repair and maintenance expenses or insurance costs. That’s what rent-to-own can provide! We’ll talk about analyzing a market, screening tenants/buyers, profit margins, and how YOU can start investing in rent-to-own real estate in your market!In This Episode We Cover:How to make more cash flow with less risk by providing rent-to-own options to tenantsThe four major ways to make money from a rent-to-own real estate deal Who makes the perfect buyer/tenant when offering rent-to-own opportunities What happens when a tenant defaults on the loan, leaving you with the down payment Screening tenants/buyers before you offer them a rent-to-own opportunity Why losing money on your first real estate deal does NOT mean you should give upAnd So Much More!Links from the ShowJoin BiggerPockets for FREELet Us Know What You Thought of the Show!Find Your Perfect Investing Strategy with Dave’s New Book, “Start with Strategy”Find an Investor-Friendly Agent in Your AreaSee Dave at BPCON2024 in Cancun!What Are Rent-to-Own Homes?Connect with MauraConnect with DaveCheck out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1012Interested 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

Dennis Shea, Executive Director at the J. Ronald Terwilliger Center for Housing Policy, dives into the worsening housing affordability crisis affecting millions. He discusses the contrasting housing plans of Vice President Harris and former President Trump, examining their potential to alleviate pressure on buyers and renters. They tackle critical issues such as rising mortgage rates, the implications of proposed rent control measures, and the urgent need for regulatory reforms to enhance housing supply. Shea also highlights the broader economic impact on current homeowners and investors.

Lawrence Briggs, a passionate BiggerPockets listener and real estate investor, shares his journey from generational poverty to multi-unit landlord. He explains why maintaining a W2 job can enhance financial independence rather than hinder it. Discover practical strategies for balancing a full-time career with real estate investing, and learn how side hustles helped him save for rentals. Lawrence emphasizes the freedom and security that real estate can provide, allowing you to choose your ideal job without financial stress.

Brandon Tilson, a dedicated social worker, shares his incredible journey of acquiring eight rental units in just two years while juggling six jobs. He dives into the power of side hustles for increasing income and reveals how he financed his first property. Brandon also discusses the challenges of renovations, the advantages of partnering in real estate, and essential strategies for navigating today’s market. His story highlights that with persistence and smart planning, anyone can achieve financial freedom in real estate.

Taylor Marr, a Senior Housing Economist at Airbnb, dives into the surprising fallout from Airbnb bans in big cities. He reveals new data showing these restrictions might actually harm renters and local economies rather than help them. Taylor discusses how short-term rentals contribute billions to communities, support small businesses, and why affordability hasn’t improved where Airbnbs are banned. He also shares tips for hosts on how to cater to experience-seeking travelers, transforming rental opportunities amid shifting consumer preferences.

If you're new to real estate investing, this discussion is a goldmine. Expert investors share underrated markets for 2024 that can boost cash flow and appreciation. Discover the emotional and financial aspects of relocating for better investment opportunities. They break down essential criteria for choosing a market and highlight Oklahoma City as a hidden gem. Plus, enjoy anecdotes of missed opportunities and luxury splurges. Engage on social media to share your investment choices and win some cool swag!