BiggerPockets Real Estate Podcast

BiggerPockets
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Dec 18, 2022 • 43min

702: Seeing Greene: Do 40-Year Mortgages Ever Make Sense?

Renting vs. buying a home, forty-year mortgages, HELOCs, and relationships vs. real estate. There’s something for everyone on this episode of Seeing Greene, as David tackles questions that go far beyond just basic investing. And as the housing market continues to get even more confusing, homebuyers, landlords, and sellers are stuck with some serious debates that only an expert agent, mortgage broker, and investor like David can answer!When choosing to rent vs. buy a home, David uses some geographic-specific data to decide which markets make more sense to own. Then, we have a question on how an interest-only mortgage works, and whether not paying into principal is a waste of time or a better option for cash-flow-strapped landlords. If you’re thinking of buying a property in all cash, David has some advice as to why now may not be the time to use loan-free dollars to get a better deal. Finally, David takes a more personal question from a listener, asking when to put real estate over relationships and why dating feels like a “waste of time” when trying to build wealth.Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:Buying vs. renting and when house hacking makes sense EVEN if you lose money every monthUsing a HELOC (home equity line of credit) to buy your first rental and the dangers of doing soInvesting in your business vs. buying more real estate and when to do bothThe “lease-back” agreement and why it’s a phenomenal way to get a tough deal doneBuying rentals in cash and why it may be a mistake as the markets shifts more to the buyersHaving a social life vs. investing and why so many investors find dating a waste of timeAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRenting vs. Buying a House: Which Makes More Sense in 2022?The Pros and Cons of a Lease Forward (or Lease Back)Should You Pay Cash for a House? Maybe Not—Here’s WhyLearn More About David’s Full Real Estate TeamBooks Mentioned in the Show:SOLD by David GreeneSKILL by David GreeneClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-702Interested 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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Dec 15, 2022 • 1h 12min

701: The Post-Crash Pivot: Why Investors NEED to Change in 2023 w/Eric Brewer

The housing market is an unstable beast. As soon as you’ve got your footing in one strategy, it violently jerks you into another, often by force. This is how most investors felt during the great recession as flipping profits dried up, home sales fell off a cliff, and investors were faced with a tough question, “who’s going to buy these deals?” While many investors stood on the sidelines, hoping that someone would save them, Eric Brewer did something much different, and it’s a move that’s paid off heavily over ten years later.Before the crash, Eric was a car salesman, but he wasn’t the type you’re imagining. His main strategy was “talk to everyone,” and it earned him salesman of the month almost every month. But selling cars didn’t make for a family-friendly schedule, so he pivoted into real estate investing and took the dealership’s owner with him. They were flipping hundreds of houses a year, making tenfold what they were used to when selling cars. But then the housing crash happened, and once again Eric needed to pivot.Now, instead of just flipping, he’s doing wholesale deals, novation contracts (MUCH bigger profits than wholesale), turnkey rental sales, and more. As the housing market has changed, so has Eric’s mindset, never betting on one strategy to be the one that brings home the bacon. Eric has stayed ahead of the game, blatantly ignores the “expert advice” off-market investors like to peddle, and pivots as soon as the market shows signs of a move. In this flip-flop market we’ve experienced over the past two years, this is EXACTLY what investors need to hear. In This Episode We Cover:How Eric closes on over thirty real estate deals a MONTH using simple marketing tactics The biggest “buyers list” no one knows about, and why you won’t find it where you’d thinkWhy most people HATE salespeople, and how to get around the common seller/buyer objections BRRRRing > flipping and why the tax code favors holders over flippers Eric’s top ways to find off-market deals and why you should NEVER disqualify a lead Novation deals and why they’re better and more profitable than wholesaling in 2023And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets Profile7 Situations That Cause Investors to Pivot ( & How to Play the Cards You’re Dealt)The Best Kept Secret for Finding Off-Market DealsHow To Find Great Deals by Building an Off-Market ListCrash or Correction: Are We Repeating 2008’s Mistakes?Connect with Eric:Eric's BiggerPocketsEric's InstagramEric's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-701Interested 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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12 snips
Dec 13, 2022 • 1h 18min

700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren’t making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob’s on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob’s earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob’s recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere’s What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested 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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Dec 11, 2022 • 48min

699: Seeing Greene: How Do I Buy Another Property When My DTI is Too High?

Having a high DTI (debt-to-income) ratio is enough to stop many would-be investors from taking the leap and buying their first, or next, rental property. So, what do you do when your income isn't enough to buy the next property? What if you've used up all your financeability on your primary residence or house hack? How can you squeeze out a loan to buy another property?We’re back on another Seeing Greene episode, where your “one away from seven hundred” host, David Greene, is here to give you practical advice on buying and selling properties. In today’s episode, we take multiple video and written submissions, with topics touching on how to buy more real estate when your debt-to-income is maxed out, what to do with a dangerous tenant, refinancing at today’s high interest rates, and why off-market deals aren’t always what they seem to be. And, if you’ve struggled with setting standards before, you’re in for a special treat, as David gives himself (and all of you) a personal pep talk on expecting excellency.Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:The bright side of BRRRRing even with rising interest rates DTI (debt-to-income) requirements and getting around them for your next dealWhen it’s worth selling a rental property that has a low interest rate loan on itOff-market real estate deals and knowing when a difficult deal is worth pursuing Setting high standards for yourself and your team while not getting bogged down by lackluster work effort What to do when a tenant poses a danger to not only themselves but your property And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelSet Your Goals with David and RobBooks Mentioned in the ShowSOLD by David GreeneSKILL by David GreeneBuy, Rehab, Rent, Refinance, Repeat by David GreeneClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-699Interested 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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Dec 8, 2022 • 1h 9min

698: From Toxic-Marriage to Financially Independent Mom with 13 Units w/Sarah King

Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you’ve gone from a two-income household to just one, your children are now your sole responsibility, and you’ve got to almost financially start over. Finding financial independence after events like this would be awe-inspiring—so imagine you did it all in just two years. Sarah King did just that, with thirteen units under her belt since buying her house hack property in 2020.Sarah worked hard to put herself in a strong financial position. She was a debt-free disciple who paid off six figures in debt. Then, she focused on her savings, minimizing her expenses and increasing her income as much as she possibly could. But then, when everything started to feel stable, she uncovered something that would unravel her marriage. She went from financially stable to undoubtedly anxious in a matter of days. But it’s what she did next that was incredible.Knowing she had to do whatever she could to take care of her daughter, Sarah went on rental property shopping spree. She built the portfolio she knew her family needed, and now just two years later, she’s enjoying the fruits of her non-stop labor. But how did she get the money for the deals? What strategy allowed her to cash flow so much in such a short amount of time? If you want to do what Sarah did, you’ll have to tune into this episode.In This Episode We Cover:How to achieve financial independence through real estate in less time than you thinkHouse hacking and why it’s arguably the best way to start investing Why being scared of debt is a downside when trying to build a rental property portfolioThe medium-term rental strategy and using it to get better cash flow on smaller unitsPrivate money lending and how to raise private capital from those who know and trust youHiring, outsourcing, delegating, and how to free up much more time in your lifeThe phenomenal funnels that will bring you the best tenants, deals, and more money!And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRob's BiggerPockets ProfileRob's YouTubeRob's InstagramRob's TikTokRob's TwitterDivorced and $250K in Debt to Financially Free in 10 YearsBooks Mentioned in the ShowSet for Life by Scott Trench30-Day Stay by Sarah Weaver & Zeona McIntyreRaising Private Capital by Matt FairclothSimple Path to Wealth by JL CollinsRich Dad Poor Dad by Robert KiyosakiConnect with Sarah:Sarah's InstagramSarah's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-698Interested 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 6, 2022 • 1h 1min

697: BiggerNews December: 3 Coast-to-Coast Markets We’d Invest in Next Year

Each real estate market has its own type of flavor. Some are short-term rental markets, others are affordable cash-flowing long-term rental markets, and many are in between, capitalizing on strong appreciation with enough monthly profit to keep investors going. The great thing about investing in the US is that we have fifty states' worth of land to buy, improve, and rent out. And today, we’ll be looking at three specific markets, all with wildly different price ranges and profit potential for 2023.Welcome back to this month’s BiggerNews, where your host Dave Meyer (not David Greene *gasp*) will be interviewing three of the most elite agents across the United States. We’ll talk to Rob Chevez, the investor and experienced agent operating in our nation’s capital, Washington, DC. You’ll also hear from Dahlia Khalaf, managing broker of ASN Realty Group in affordable Oklahoma. And, of course, we’ve got David Greene, California’s favorite realtor, here to talk about why sunny San Diego deserves an investment from you.With mid-priced markets like DC, affordable real estate in Oklahoma, and massively-appreciating west-coast properties to build your wealth, this episode of BiggerNews shows you how you can invest in ANY of these markets and build wealth in 2023. The agents also talk about the strategies that are working in each market and some of the major pitfalls you could stumble upon if you aren’t a local expert.Need to find an agent in your neck of the woods? Use the BiggerPockets Agent Finder to connect with a local expert in your area!In This Episode We Cover:How markets like Washington, DC, Tulsa, and San Diego are faring in 2023The oversaturation of short-term rentals and which investors should avoid buying themThe real estate “Bermuda triangle” and why every investor should buy at least one property thereHouse hacking for cash flow and turning your primary residence into a paid-for mortgage Subject to deals and other creative financing strategies that work as the buyer’s market takes shapeAdvice from expert agents around the country for investors in 2023And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelDave's BiggerPockets ProfileDave's Instagram"On the Market" Podcast"On the Market" YouTube ChannelConnect with Dahlia & Rob:ASNDahlia's BiggerPockets ProfileDahlia's FacebookGRIDRob's BiggerPockets ProfileRob's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-697Interested 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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Dec 4, 2022 • 1h 10min

696: How to Plan for (and CRUSH) Your 2023 Goals

It’s 2023 goal-setting time! For some investors, setting goals is a coveted experience where they get to center themselves and plan for the coming year. For others, setting goals can seem stressful as there are too many shiny objects always around to chase. This type of dichotomy exists even among the most experienced investors, as you’ll see in this episode. David Greene, everyone’s favorite investor, agent, broker, and mentor, systematically sets his goals, while Rob “Robuilt” Abasolo, the internet’s short-term rental oracle, does things a bit differently.In this episode, you’ll get a peek behind the scenes at how two very successful investors set goals in two very different ways. But this isn’t just about real estate investing and building wealth. David and Rob both touch on the personal goals they’ve set out for themselves and how they organically intertwine with the lofty investing goals they’ve set for 2023.David and Rob both want to grow their wealth substantially in 2023. But this doesn’t mean that they’re just hungry for doors. You’ll hear a crucial tip on how top real estate investors focus more on revenue than on unit count and how mistakenly chasing more properties could put you in a stressed-out situation without much to show for it! If you’re ready to tackle some of your biggest goals yet, tune in to this episode, and bring a planner while you’re at it!In This Episode We Cover:How to crush your 2023 goals by revamping and reviewing your 2022 plansConstantly updating your MINS (most important next steps) to hit goals even fasterThe struggles of outsourcing and hiring and why you MUST do it to growThe “more doors” trap that investors often find themselves falling intoBuilding your vision for the next year and basing your goals on an end-resultContent creation, building your brand, and becoming a bigger figure in the real estate spaceAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileHear Our 2022 Goal Setting EpisodeLandlord Tax Loopholes That’ll Help You Pay ZERO Taxes in 20223 Simple Steps to Set Achievable (Yet Ambitious!) Real Estate GoalsInvest with David GreeneClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-696Interested 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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Dec 1, 2022 • 1h 3min

695: Billionaire Advice that Made a Farm Boy a Fortune in Self-Storage w/Andrew J. Abernathey

How much billionaire advice have you gotten? Ever decided to look up the wealthiest people in your area and give them a call? What type of tips could they give you for success? What business ideas would they push you to try? And how would your life change? Instead of speculating, at a young age, Andrew J. Abernathey tried out this strategy, and much to his surprise, he got the billionaire mentor he always dreamed of.Before that, Andrew was just a simple farm boy. You know how it goes: tending to the field, ordering supplies, and trading futures at ten years old. Yep, you read that right. Andrew was making trading calls on grain prices at only ten years old, a skill that his father helped teach him. At fourteen, Andrew decided to put some money in the stock market, and a year later, walked away with an $80,000 profit. And like all young boys, he knew exactly what he wanted to spend his money on—a million-dollar apartment complex!Picking up on a pattern? Andrew has been making incredible moves at almost unbelievably young ages. But we haven’t even touched on the most incredible part of his journey yet. In this episode, you’ll hear how Andrew made wild real estate profits at sixteen, met his billionaire mentor by offering him some pie, and went on to build hundreds of millions in self-storage. It’s all true, and it’s all coming up in this episode!In This Episode We Cover:The importance of early financial education and investing at a young ageHow parents can cultivate the passions their kids possess Puts and calls, stock trading, and how to invest like Warren BuffettApartment investing and how knowing your market can make you millions How to find a mentor (even if you’re looking for a billionaire!)Analysis paralysis, shiny object syndrome, and sticking to one strategySelf-storage development and the details behind the dealAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramHenry's InstagramHenry's BiggerPockets ProfileHere’s What 10 Billionaires Say You Should Do Every DayShould You Start Investing in Real Estate When You're Young?How I Hired Warren Buffett as My Real Estate MentorBook Mentioned in the ShowOpen Secrets of Success: The Gary Tharaldson Story by Patrick McCloskeyConnect with Andrew:Andrew's Personal WebsiteAbernathey HoldingsAndrew's FacebookAndrew's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-695Interested 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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Nov 29, 2022 • 1h 19min

694: How to Reach Financial Freedom in 2023 with Small Multifamily Properties

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors have used small multifamily rental properties to live the life of their dreams. And today, we want to help you do the same. We’ve got our multifamily millionaire, Dave Meyer,  here to share the tools of the trade! Dave was able to reach financial independence in only a few years, thanks to a small portfolio of multifamily rental properties!Even if you’re an absolute beginner in real estate, without any properties or experience, small multifamily can be one of the easiest ways to start investing. With low money down options, the ability to house hack, and big cash flow opportunities, any investor can start, or scale, a real estate portfolio with a duplex, triplex, or quadplex. And Dave will walk you through every step of the journey. From finding deals to analyzing them, financing them, and doing it again, this step-by-step process is simple to follow, and can be done in a matter of weeks or months!So, if you’re ready to build a life you love, have the financial autonomy you’ve always dreamed of, and start investing today, hit play on this episode! And, if you’re interested in using the top-tier tools Dave shows in this video, sign up for BiggerPockets Pro today! Make sure you stick around until the end of this episode—Dave will be giving away a BIG discount with a bundle of bonuses!In This Episode We Cover:How to achieve financial freedom through small multifamily investingWhy invest in multifamily rentals and not single-family homes for your first real estate dealWhere to find small multifamily properties (and how to get them at a discount!)Rental property financing and the different loans to use when closing on your first propertyHow to analyze a real estate deal in just minutes (no experience needed!)The dangers of investing in small multifamily properties and what to watch out forHow to get a discount on some of the most-used BiggerPockets tools!And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaGrab the Multifamily WorksheetBiggerPockets CalculatorsFind a Lender for Your Next Real Estate DealAlready a BiggerPockets Pro Member? Get Access to Pro-Exclusive VideosBook Mentioned in the ShowReal Estate By Numbers by Dave Meyer & J ScottConnect with Dave:Dave's BiggerPockets ProfileDave's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-694Interested 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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Nov 27, 2022 • 57min

693: Seeing Greene: How to Turn Equity into Cash Flow and Getting Around 20% Down

You’ve got home equity, but maybe not cash flow. If you want to realize financial freedom, you’ll need consistent, passive monthly income. But with cash flow harder to find than ever before, how can you get it when real estate prices and interest rates remain high? Should you give up on cash flow entirely and only bank on appreciation? Maybe not. Using the strategy David outlines today, you can convert your equity into cash flow, but you’ll need to follow the right steps.Welcome back to another Seeing Greene episode, where David, and some expert guests, answer your questions surrounding anything and everything related to real estate investing. Joining us on today’s show are Dave Meyer, J Scott, and Pat Hiban, all BiggerPockets authors and real estate masters in their own rights. They tag-team questions ranging from how to get around the twenty percent down payment requirement, how to calculate the time value of money on an investment, how HELOCs (home equity lines of credit) work, whether investing in hurricane-heavy Florida makes sense, and more!Don’t forget to head over to the BiggerPockets Bookstore to get massive discounts on some of the best real estate investing books in the world! Still itching to ask David a question? Submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:How to get around the twenty percent down payment requirement even as a foreign investorCash-out refinances vs. HELOCs and which make more sense for the casual investorConverting equity into cash flow and how to know when you should sell an investment propertyHurricanes, high insurance rates, and other hurdles that come when investing in FloridaCalculating the time value of money and when an investment is worth buyingHouse hacking and using your primary residence as an income-generating asset And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaBiggerPockets Bookstore Cyber Monday SaleStay Up-to-Date on All the New BiggerPockets Books Coming SoonShould You Invest for Equity or Cash Flow?Books Mentioned in the ShowReal Estate By Numbers by Dave Meyer & J ScottConnect with David, Dave, J, & Pat:David's BiggerPockets ProfileDavid's InstagramDave's BiggerPockets ProfileJ's BiggerPockets ProfilePat's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-693Interested 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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