BiggerPockets Real Estate Podcast

Hear a sneak peek of David Greene's new book, Pillars of Wealth, focusing on real estate investing, saving money, and making money. Explore the motivations behind wealth creation and the positive impact it can have. Learn about cash flow and passive income in real estate investing. Discover the concept of earning money through assets and investments. Understand the downside of fame and fortune and the importance of proper money management.

If you want to pay fewer taxes or outright avoid taxes in 2024, you’re in the right place. We’re about to give you all the last-chance tax tips and loopholes you can use NOW to pay WAY less in taxes in 2024. All of these are perfectly legal, but many will require some form of real estate investing. Don’t own any rental property yet? Not a problem! You can STILL start planning to pay lower taxes BEFORE you buy!We brought back our two favorite tax experts, Amanda Han and Matt MacFarland, on to the show to share all the last-minute tax tips YOU can use to pay Uncle Sam less and keep more in your pocket. Plus, Amanda and Matt share a tax “loophole” that anyone who makes under $100K per year OR owns a short-term rental property can use to save thousands, if not tens of thousands, in taxes.We’ll also get into common ways anyone can reduce their taxes through retirement account contributions, charitable donations, and more. Plus, the common misconception costing you thousands of dollars in write-offs that you never knew you could take!In This Episode We CoverThe one rental property “loophole” that allows you to take a MASSIVE deductionA huge real estate write-off any investor who makes under $100K is able to take Retirement investing and how boosting your nest egg can dramatically lower your taxesCommon real estate write-offs that you’ve probably missed How to use your home equity for tax-free income AND a big tax write-off What to do RIGHT NOW to avoid paying taxes in 2024 (and beyond!)And So Much More!Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-846Interested 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

Guest KC Massie achieved financial independence in his thirties by slowly building a rental property portfolio. He shares his path to real estate wealth, the ordinary methods he used, and why he encourages investors to start building quietly. Topics include overcoming limiting beliefs, buying a condo as an investment, relentless persistence in real estate, and the financial aspects of rental properties.

Brain expert Jim Kwik shares the 'lies' that hinder success in the housing market. He discusses the power of mindset, reframing failures, and taking responsibility for actions. Jim also provides tips on learning faster, remembering names, and igniting the fire in your life.

Learn how to invest in real estate when you lack the cash or income, discover the importance of debt-to-income ratio, explore the benefits of real estate over stocks, get advice on trading properties and starting a house hack, and gain financial wisdom and advice for building wealth in real estate investing.

Barbara Corcoran's son, Tom Higgins, went against her investing advice and found success in real estate. They debate whether to rely on logic or intuition when making investment decisions. They discuss finding off-market deals and the importance of trust in real estate investing.

The podcast discusses the possibility of a soft landing or a hard recession in 2024. Top investors share their strategies for surviving a recession and protecting wealth. Lessons from past crashes are discussed, emphasizing the need to follow experienced advice to avoid losing everything. The impact of recessions on the economy and the real estate market is explored. Diversifying investments and making wise decisions during uncertain economic times are highlighted.

Discover the eight best housing markets in the US for low prices and high cash flow. These underrated markets offer cheap homes, strong economies, and growing populations. Learn about investing in East Coast beach cities, college towns, and manufacturing centers. Avoid single-industry markets and explore these affordable states with massive potential for growth. Find out how to network with investor-friendly agents and discover passive real estate investing opportunities. Dive into specific markets like Myrtle Beach, Tallahassee, Oshkosh, Racine, and Odessa.

In this episode, the hosts discuss estimating rehab costs before bidding on a BRRRR property, buying rentals with negative cash flow, and the potential end of real estate investing. They also explore the pros and cons of renting versus buying a property and offer advice on finding an investor-friendly agent.

Darius Kellar, a former janitor, turned real estate investor with over $1,000,000 in rental properties, shares his journey from financial difficulties to success. He reveals his strategies for buying properties at auctions, using the BRRR method, and dealing with challenges like sewer issues and property appraisals. With Darius's advice, you can make more money than you ever dreamed possible in real estate.