BiggerPockets Real Estate Podcast

BiggerPockets
undefined
Nov 20, 2022 • 57min

690: Seeing Greene: Why Are My Rental Property Returns Looking So Bleak?

Most investors buy rental property for cash flow, and much to their surprise, no cash flow is to be found once the deal is done. Maybe they’ll get some limited returns in their first year of landlording, but with cash flow-induced frustration, they decide to try another strategy. This happens again and again as real estate investors struggle to realize anything other than a meager return on what was supposed to be a financially-freeing investment. But worry not—this is all part of the plan.David is back on another episode of Seeing Greene, where he answers the most-pressing real estate questions from across the web. But David isn’t alone in the episode! He brings along real estate investing experts Brandon Turner, Pat Hiban, and Zeona McIntyre to help answer hard-hitting questions surrounding anything and everything related to real estate. This week’s topics touch on shiny object syndrome, when to pay for real estate leads, assisted living investing, 1031 exchanges, short-term rentals vs multifamily investing, and how to find the right mentor.If you’ve been looking to up your real estate game, head over to the BiggerPockets Bookstore and take advantage of MASSIVE discounts on some of the best real estate books around! And remember to use ANY of today’s hosts’ names as a discount code to get even more off when buying any BiggerPockets books!In This Episode We Cover:How to avoid shiny object syndrome when no real estate strategy seems to workWhy most new investors have the wrong idea about cash flow and rental propertiesAssisted living investing and who should make the jump into this high-cash flow asset class1031 exchanges explained and using them to become a passive real estate investorShort-term rentals vs. multifamily investing and which is the better bet in 2023How to find a mentor when you’re just starting in your real estate investing journeyAnd 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 InstagramHear Our Interview with Assisted Living Investing Expert, Isabelle Guarino-SmithStay Up-to-Date on All the New BiggerPockets Books Coming SoonShop the BiggerPockets Bookstore and Use Codes BRANDON, DAVID, PAT, or ZEONA for a Special DiscountBooks Mentioned in the ShowTax Strategies by Amanda Han & Matt MacFarlandAdvanced Tax Strategies by Amanda Han & Matt MacFarland30-Day Stay by Zeona McIntyre & Sarah WeaverReal Estate by Numbers by J Scot & Dave Meyer6 Steps to 7 Figures by Pat HibanSKILL by David GreeneBRRRR by David GreeneLong Distance Real Estate Investing by David GreeneConnect with Brandon, Pat, & Zeona:Brandon's BiggerPockets ProfilePat's BiggerPockets ProfileZeona's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-690Interested 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
undefined
8 snips
Nov 17, 2022 • 1h 9min

689: Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes in 2022 w/Matt Bontrager

Non-investors hate real estate tax loopholes. It always seems like the wealthiest landlords, apartment owners, or short-term rental hosts walk away with not only massive income but little-to-no tax bills at the end of the year. Are investors unethically avoiding taxes OR are they carefully, quietly using the tax code to build wealth and bring their tax burden down to zero? And if the big investors can do it, can average investors use the same strategies?Whether you own one, ten, or a thousand rental units, Matt Bontrager, CPA at TrueBooks, has a solution for you. He’s been working with real estate investors for years to help them minimize their tax burdens and maximize their portfolio values. And unlike most CPAs, Matt can explain these strategies in a way that excites you, instead of slowly lulling you into a depreciation-induced dream.Matt touches on the most powerful ways to eliminate your taxes in 2022. These tax strategies work for almost every type of investor, whether you’ve got a full-blown business or just a short-term rental side hustle. These tax tactics, when used correctly, can allow you to walk away from 2022 with a bigger refund, no tax bill, or years’ worth of losses to roll over so you walk into 2023 in a better reposition than ever before.In This Episode We Cover:The massive short-term rental tax “loophole” most investors are unaware ofTax preparers vs. advisors and when you should start hiring these team membersCost segregation studies and using them to eliminate years’ worth of tax billsBonus depreciation write-offs and why every investor MUST take advantage of this before the end of the yearReal estate professional status, its benefits, and what you need to do to obtain itTax avoidance strategies the wealthy use that almost any investor can mimicAnd 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 InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterUnderstanding Rental Property Depreciation—A Real Estate Investor’s Guide4 Real Estate Tax Strategies That Can Protect You From InflationBooks Mentioned in the ShowTax Strategies by Amanda Han & Matt MacFarlandAdvanced Tax Strategies by Amanda Han & Matt MacFarlandConnect with Matt:Matt's BiggerPockets ProfileMatt's InstagramMatt's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-689Interested 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
undefined
Nov 15, 2022 • 1h 19min

688: Scott Galloway (Prof G) on Why Smart Investors Stay Away from “Sexy”

Scott Galloway, NYU professor commonly known as “Prof G,” thinks that America is adrift. Communities are dying, young people are feeling helpless, and wealth is slowly being sucked out of the system to give the ultra-rich even more comforts than before. The average American merely wants to make it—having a house, a family, and maybe an ounce of peace. But with mainstream media violently pointing fingers at one another and the modern worker feeling desolate in the daily grind, what can we do to put this country on the correct course?Scott knows that the game is rigged. He has strong feelings that real estate investors, like many of us, are playing with “cheat codes.” But, that doesn’t mean we’re doing anything wrong. Scott dives into his personal philosophy on who has taken advantage of this country, who needs the most help, and how a young, aspiring entrepreneur or investor can build wealth, without blindly buying into “sexy” assets.Although Scott likes real estate (and wishes he bought more of it), he cautions young investors to take a step back and be intelligent with their investments. A few right moves when Scott was young allowed him to live the life he has today—but this was through hard work and taking the right action, not waiting for someone else to save him. No matter what age you are, what side of the political spectrum you fall on, or your feelings toward real estate—Scott has words you’ll want to hear.In This Episode We Cover:Scott’s new book Adrift and why he thinks America’s course needs to be correctedThe biggest problems America is facing today and how a specific demographic is rigging the systemThe bias against boys and how young men are left behindHow young people can get ahead and why they should steer clear of “sexy” investmentsFiat money, cryptocurrency, and how the American dollar is quickly losing its valueThe real estate “cheat codes” that any investor can take advantage ofHow YOU can create change in the world that will lead to more equality, friendship, and connectivityAnd 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 InstagramDave’s BiggerPockets ProfileDave’s InstagramBook Mentioned in the ShowAdrift by Scott GallowayConnect with Scott:Scott's TwitterSign Up to Scott’s NewsletterClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-688Interested 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
undefined
Nov 13, 2022 • 54min

687: Seeing Greene: Using the “Capital Carrot” to Find Money for Your Next Deal

Knowing how to buy a rental property is one thing, but coming up with the money is another. This is the constant struggle real estate investors find themselves in. When they have cash, there aren’t enough deals. When they have deals, there isn’t enough cash. This catch-22 usually puts investors in a spin cycle, never pulling the trigger on their first or next deal. But, it doesn’t have to be this way. With the right mindset, you can find the money to purchase more rental property, even if you’ve run out of options.This is what expert investor, David Greene, refers to as his capital “carrot,” or the thing that allows him to find (and make) more money to buy even more real estate. And it’s just one of the topics in today’s Seeing Greene show. In this episode, David takes a live call from Garrett, who’s struggling with whether or not to sell or keep his first deal. We also get questions about BRRRRing with high interest rates, where to find medium-term rental tenants, and how to find a realtor in a brand-new market.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 house hack “savings” that turn a dud into a screaming real estate dealWhether or not keep or sell a rental even if you’re not making much from itHow to buy BRRRRs in today’s high-interest rate environment Dominating a market as a brand new real estate agent or realtorWhere to find medium-term rental tenants and common short-term rental regulationsHow to find a rockstar real estate agent when investing out of stateAnd 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 InstagramGet Real Estate Investing Data, Guides, and ResourcesUse the BiggerPockets Rental Property Calculator on Your Next DealBiggerPockets Podcast 679 with Zeona and Sarah (Medium-Term Rentals)BiggerPockets Podcast 680 with Mark Simpson (Short-Term Rentals)Books Mentioned in the ShowSOLD by David GreeneSKILL by David GreeneMultifamily Millionaire Volume 1 by Brandon Turner & Brian MurrayMultifamily Millionaire Volume 2 by Brandon Turner & Brian MurrayLong-Distance Real Estate Investing by David Greene30-Day Stay by Zeona McIntyre & Sarah WeaverClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-687Interested 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
undefined
Nov 10, 2022 • 1h 15min

686: Seven-Figure Flips and Opportunity Zone Investing w/Former NBA Player Evan Turner

House flips, opportunity zone investing, student housing—name a real estate strategy, Evan Turner, former NBA player, has probably done it. Unlike most professional athletes, Evan left the league with more assets than at the peak of his career. He was buying real estate, building homes, and making moves while working a grueling six days a week schedule, knowing that he had to use this opportunity to build something that went far beyond basketball.Evan grew up in the inner city with a single parent. The realities of struggling for money were all too real for him when he got hit with millions of dollars in his early 20s. He struggled to spend any money for the first few years of his NBA career, which led him to have a surplus that he used in all the right ways. Relying on NBA veterans around him, Evan knew that to build wealth, he needed to up his assets. The most tangible thing he could think of investing in? Real estate.Now, with many deals under his belt, Evan has become proficient in almost every aspect of buying, funding, and profiting on a real estate deal. He, like many other investors, is seen as lucky for buying consistently throughout the past decade. But Evan knows that the rewards he reaps today came from smart decisions he made years ago. Now, even after he’s out of the game, Evan is still able to bring in seven-figure paychecks. But this time, thanks to smart strategizing, he’ll get to keep most of it.In This Episode We Cover:Making the money mindset shift that allows you to build wealth while others waste their resourcesOpportunity zone investing and using real estate to revitalize urban communitiesEvan’s unbelievable seven-figure fix and flip vacation home dealWhy the first investment property matters most and how to ensure you turn a profit with no experienceBuilding your real estate team and why everyone needs to networkTaking the “luck” out of investing and why consistency beats timing every 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 InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterThe Investing “Cheat Code” of Opportunity Zone RentalsThe 20 Best Performing Opportunity Zones for Real Estate InvestorsTune Into the “Point Forward” PodcastConnect with Evan:Evan's InstagramEvan's TwitterClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-686Interested 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
undefined
Nov 8, 2022 • 1h 11min

685: How to Easily Find Off-Market Properties (No Experience Required!) w/Justin Silverio

Finding off-market properties was much harder a few years ago than it is today. Before you’d have to drive for dollars, mark down addresses, build a spreadsheet, constantly update it, and maybe, just maybe, you’d get a motivated seller willing to do a deal with you. This process was overly complicated, expensive, and took too much time. Because it was so challenging, many new real estate investors would forego looking for off-market deals entirely and only stick with on-market MLS listings. But things have changed.We’ve brought back four-time guest, Justin Silverio, onto the podcast to talk about his new tool, Invelo. Invelo puts all your lists, leads, and tasks into one place, so you’re not scatterbrained when building an off-market lead flow. This app allows anyone, no matter their experience level, to find owners, phone numbers, and addresses while tracking your touch points in a systematized, automated way, so you always have new leads coming in.This software is a game changer for flippers, wholesalers, and any investor trying to dodge the high prices and agent commissions of buying on-market. And Justin assures us, even if you’ve never done an off-market deal, Invelo will give you everything you need to successfully get the first one in the bag. Stick around ‘til the end of the episode, where we share a special way to start marketing for free with this game-changing tool!In This Episode We Cover:How Justin started flipping houses and finding off-market deals with no experienceThe right way to do direct mail and why so many investor letters get thrown in the trashUsing Invelo to build lists, reach sellers, and get educated on how to find deals fasterHow to optimize your marketing budget by only marketing to leads who could turn into dealsInvelo’s automation that scrubs your list for you so you only keep the best leads A special discount for BiggerPockets Pro and how you can get a free marketing credit with InveloAnd 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 InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterBiggerPockets Podcast 58BiggerPockets Podcast 82BiggerPockets Podcast 194Use the BiggerPockets Rehab Estimator on Your Next Flip or BRRRRInveloOpen Letter MarketingBooks Mentioned in the ShowFinding and Funding Great Deals by Anson YoungBuy, Rehab, Rent, Refinance, Repeat by David GreeneConnect with Justin & Anson:Anson's BiggerPockets ProfileJustin's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-685Interested 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
undefined
Nov 6, 2022 • 46min

684: Seeing Greene: The “Energy of Money” and Why You’re Looking at Debt All Wrong

Interest rates have become a hot topic over the past six months. Back in 2020 and 2021, homeowners were bragging to their friends about their rock-bottom mortgage rates and how they secured financing at three percent or less! But times have changed, and seven percent interest rates are becoming the norm. Now, nobody is bragging—in fact, many investors are too scared to buy, thinking that today’s interest rates are far too high to buy homes with. If you’re following this thought process, you could be making a BIG mistake.Welcome back with another Seeing Greene episode, where our “high rates, who cares?” host, David Greene, answers questions directly from investors just like you. In today’s show, David coaches a young investor on building his side business, why quitting your job could be a mistake, and how to learn from past deals to build wealth far faster. Then, David pivots into answering questions from investors on how to get over your fear of taking on good debt, how much to have in safety reserves for your property, and why being scared of high interest rates could hurt you in the long run.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:Why quitting your job as a real estate investor could be a BIG mistakeThe right way to house hack and how to maximize every piece of property you buyGood debt vs. bad debt and why most people view mortgages the wrong wayCapital expenditure funds and how much to keep in cash reservesHigh interest rates and when refinancing at a worse rate make senseSeeing money as “energy” and using it to build wealth while others are scared to actAnd 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 InstagramThe Fed’s Plan for Future Interest RatesDebt Is Good When It Comes to Real EstateJoin David’s “Behind the Shine” NewsletterClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-684Interested 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
undefined
31 snips
Nov 3, 2022 • 1h 4min

683: Why Expert Negotiators Love to Hear “No” w/Never Split the Difference’s Chris Voss

Chris Voss is an expert negotiator. After going from a street cop to the FBI and later thriving as a hostage negotiator, he wrote the world-famous book, Never Split the Difference. This book has served as a masterclass in negotiation for almost every field of work, including real estate investing. Although many of Chris’s examples come from life-or-death situations, the same rules and tactics can be applied to real estate investing. That is exactly why Chris pivoted and started coaching real estate agents to become better negotiators.But maybe you’re not an agent. Maybe you’re just trying to get your first or next deal done, working with a tough buyer/seller, and feeling like you’re making no headway. Chris has seen this time and time again. An overly aggressive buyer comes in, lowballs a seller, the seller then paints the buyer as the enemy, and the duo does a dance to the death ending in no deal done and frustrations at all-time highs. This is NOT the way to do real estate deals, and Chris has some advice that’ll help you change the way you (and your agent) get things done.Chris goes in-depth on a few concepts, such as why “no” is actually what you want to hear, how to form “calibrated questions” that get you what you want, and why you’ll need to start using “tactical empathy” if you want to close deals faster. These are some of the same tactics that co-host Rob recently used to get a multimillion-dollar property, without much money out of pocket. No matter your skill level, number of deals done, or years of experience, this advice from Chris could catapult your investing to the next level.In This Episode We Cover:Reviewing key lessons taught in Chris’s classic, Never Split the Difference Why most real estate agents will work against their clients, instead of with themUsing overcommunication to develop instant rapport with a buyer, seller, or client“Tactical empathy” and why it’s a brilliant way to keep your opponent open to offersAsking “calibrated questions” that make sellers feel safe when working with youBuilding a negotiation scarecrow and making someone else (not you) the instant, uniting enemyAnd 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 InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterBiggerPockets Podcast 260 with ChrisThe Happiness Advantage TED TalkBooks Mentioned in the Show:The Full-Fee Agent by Chris VossNever Split the Difference by Chris VossSKILL by David GreeneConnect with Chris:Chris' WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-683Interested 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
undefined
Nov 3, 2022 • 1h 8min

BiggerPockets Bonus: Q&As, Deal Reviews, and Cameos from Your Favorite Hosts

Real estate investing wouldn’t be the same without BiggerPockets. If you were lucky enough to attend BPCon 2022 in sunny San Diego, you’ll know what we mean. With a sea of investors ready to network, advise, and invest with one another, this event shows how powerful the community of real estate investors is. But even if you weren’t able to make it this year, you can still get a sneak peek at what a BPCon panel looks like!On this bonus episode, sponsored by Rent to Retirement, we take hosts from all our different podcasts to give their advice, expertise, and tips to new and aspiring real estate investors. You’ll hear Ashley Kehr and Tony Robinson from the Real Estate Rookie Podcast answer tactical questions on partnerships, LLCs, and refinancing. Then, BiggerPockets Money Podcast host Mindy Jensen joins The Real Estate InvestHer Show duo, Liz Faircloth and Andresa Guidelli, to play the “spend or save” game.We also bring on the whole cast of our newest show, On the Market, to analyze two deals live in front of the entire audience to see whether or not two flips are flops. Finally, for all you original BiggerPockets Real Estate Podcast listeners, we have David Greene and Rob Abasolo welcoming a special guest back to the show—one that many of you surely missed.In This Episode We Cover:How to apply for a mentorship with hosts from your favorite BiggerPockets PodcastWhen to keep properties in your personal name vs. in an LLCSpending vs. saving, and when to pay top price for contractors, cars, self-care, and more!Live deal reviews of two “profitable” flips in a hot market and why you can’t always trust the numbersA special cameo from a long-time friend of the showDavid’s secret jiu-jitsu move to instantly de-escalate an attack from Rob Abasolo 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 AreaHear Last Year’s Live Panel from BPCon 2021Rookie Podcast 106: Asset Protection on RookieMentorships on InvestHerBiggerPockets Podcast 443 with Jim KwikDavid's BiggerPockets ProfileRob's BiggerPockets ProfileBrandon's BiggerPockets ProfileDave's BiggerPockets ProfileAshley's BiggerPockets ProfileTony's BiggerPockets ProfileMindy's BiggerPockets ProfileAndresa's BiggerPockets ProfileLiz' BiggerPockets ProfileHenry's BiggerPockets ProfileJames' BiggerPockets ProfileJamil's BiggerPockets ProfileKathy's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-BONUSInterested 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
undefined
14 snips
Nov 1, 2022 • 1h 2min

682: BiggerNews November: Was The “Office Apocalypse” All Hype? w/Kevin Fagan

Office investments were supposed to be dead by now. 2020 was supposedly the great exodus, where on-site workers were freed of their commutes, small talk, and trips to the water cooler. We were sold a future where remote work was the only option, where everyone had an at-home standing desk, and nobody needed to wear pants. But, this didn't last long, as companies slowly started taking steps to get workers back into the office, making owners of the offices wealthy once again.But, with so many companies trying flexible schedules, prioritizing work from home, and renewing their video conferencing subscriptions, will office space still be the same as it was just a few years ago? On this month’s BiggerNews, we brought on Kevin Fagan, Senior Director and Head of CRE Economic Analysis at Moody’s Analytics, to give us the scoop on office investing and commercial real estate in 2022.Kevin’s team works diligently going through the data behind office investments, highlighting whether or not leases are renewed, how rents are being affected, and if office buildings are truly being abandoned. He brings some good news not only for office space investors, but for real estate investors as a whole, showing that this niche won’t be going away anytime soon. With coworking and residential conversions on the rise, office building investments could be a far smarter move than most investors would assume.In This Episode We Cover:How office space investing fared through the pandemic and how far occupancy rates fellComparing today’s office investing environment to 2008’s and the stark differences between the twoOffice occupancy forecasting and when the data predicts a full recoveryHow unemployment rates will affect office investors and whether or not employers will force workers back into the officeThe best real estate markets to invest in office space and which big metros to definitely avoidThe benefits of office investing compared to residential real estate and why this low-turnover niche is worth itAnd 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 InstagramDave’s BiggerPockets ProfileDave’s InstagramInvesting in Office Buildings—A Beginner’s GuideThe Coming Collapse of Downtown Office Real EstateConnect with Kevin:Kevin's LinkedInClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-682Interested 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

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app