BiggerPockets Real Estate Podcast

Explore the shifting landscape of real estate investment in 2022, where traditional ROI metrics are challenged by rising equity. Discover strategies for scaling portfolios on limited funds, including innovative house hacking and evaluating tenant-friendly states. Dive into the debate over when to hold or sell properties and the complexities of investing in changing markets. Gain insights into managing expectations with private lenders and the long-term benefits of strategic patience in accumulating assets.

Marjorie Patton, head of sales at a financial tech firm and a savvy real estate investor, shares her journey navigating the complex world of property investments. She argues that diversifying your investments can yield better returns, challenging the conventional ‘play it safe’ approach. Marjorie's personal anecdotes reveal the value of learning through mistakes and how a ‘scared’ mindset can build confidence. Plus, she discusses the power of community among women investors in Denver and emphasizes the importance of maintaining a full-time job while pursuing real estate.

Jason Drees, a mindset coach and author of 'Do the Impossible,' dives deep into the psychology behind investor success. He reveals why 95% of real estate investors fail to reach their potential due to limiting beliefs. Drees emphasizes the importance of aligning emotions with goals and encourages listeners to pursue emotionally fulfilling investments. He also shares insights on navigating failures, setting ambitious goals, and the transformative power of a growth mindset, all while providing live coaching to help others unlock their true potential.

In this milestone discussion, successful investors tackle key questions that resonate with both newbies and seasoned professionals. They dive into strategies for winning in a competitive real estate market and share insights on achieving work-life balance. The importance of leadership in navigating uncertainties is highlighted, along with effective hiring practices for real estate teams. Celebrate the journey of real estate investing while gaining valuable advice that could accelerate wealth-building for anyone interested in the property market!

In this enlightening discussion, King Malaki Sims, a CPA and seasoned real estate investor, reveals the secrets of opportunity zone rentals. He breaks down how these investments serve as an incredible tax reduction strategy, even allowing some investors to eliminate taxes entirely. Malaki shares tips on finding and funding properties with little to no money down and debunks common myths that deter newcomers. With his insights, even novice investors can confidently navigate opportunity zones to build wealth while keeping Uncle Sam at bay!

David Greene, author of "Buy, Rehab, Rent, Refinance, Repeat," and Christian Bachelter, real estate financing expert, dive into the actionable details of the BRRRR strategy. Greene shares a real-life case of transforming a hillside property into multiple rental units, emphasizing the importance of smart renovations and cash flow. They discuss spotting good BRRRR deals, using the BiggerPockets calculator for analyses, and overcoming common financing hurdles. With humor and real insights, listeners gain a masterclass on navigating real estate investments.

Is it smarter to pay off debt or invest in real estate? The discussion unpacks this dilemma, especially in today’s inflationary climate. Strategies like house hacking in competitive markets are explored, alongside the benefits of investing versus renting. You’ll learn about key insights on property management, effective communication with agents, and the importance of adapting to market conditions. Plus, get tips on optimizing rental income and navigating property taxes for better cash flow!

In this discussion, Amanda Cruise, a savvy real estate investor specializing in mobile home parks, shares her journey from navigating single-family rentals to thriving in the mobile home space. She reveals her unique approach called 'Lonnie Deals' for seller financing and highlights the ease of title transfers in mobile homes. Amanda also provides valuable strategies for finding motivated sellers and competing against larger investors, proving that smaller investments can yield significant profits without the usual headaches.

Most investors assume LLCs for rental properties are the way to go in terms of asset protection. From a novice’s point of view, LLCs seem to provide everything you would need?—anonymity, simple tax filing statuses, and legal protection. But, an LLC in reality isn’t as airtight as most real estate investors think. And the worst time to learn about the limitations of an LLC is during a lawsuit, where your wealth (and sanity) is at risk.To stop you from guessing when it comes to asset protection, we’ve brought on our go-to expert and heavy hitter asset protection lawyer, Brian T. Bradley, Esq. Not only is Brian well versed in the realm of asset protection, but he’s also helped numerous clients protect their real estate wealth, making him the perfect person to ask about LLCs, limited partnerships, trusts, and more.Brian walks through the different types of legal “layering” that real estate investors can set up to protect themselves from lawsuits and angry creditors. He defines exactly how each type of real estate investor should set up their assets as their net worth expands, and what to do BEFORE you get served with a lawsuit. While Brian may not know your personal situation, he does speak with years of experience serving high-net-worth investor clients and can relay their mistakes (so you don’t make them too).In This Episode We Cover:What is asset protection and why is it crucial for real estate investors in particularThe “layers” of legal protection that real estate investors must haveWhat an LLC really protects you from and why it may be different than what you think“Piercing the veil” and why most investors need to go a step beyond LLCsLimited partnerships and trusts that give you the best asset protectionFinancing hiccups when keeping your rental properties in trustsAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelOn the Market PodcastBiggerpockets BlogsBiggerpockets Agent FinderReal Estate Rookie PodcastRookie Podcast 106: Asset Protection for Rookies: 7 Wealth-Saving Answers from an ExpertTony RobbinsAirbnbWhatsAppMySpaceTikTokCardano (ADA)Rob's TikTok ProfileRob's InstagramRob's Youtube ChannelDavid's InstagramDavid's Tiktok ProfileConnect with Brian:Brian's Company WebsiteEmail Brian: brian@btblegal.comCheck the full show notes here: https://biggerpockets.com/blog/real-estate-595 Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation and cash flow have been fighting against each other for decades. As soon as you increase the rent on an income property, inflation comes right in to eat some of that gain. So in today’s borderline hyperinflationary environment, is cash flow still coming out on top? A better question to ask may be, what happens in five, ten, or twenty years? Will inflation completely erode your financial freedom dreams? Or will cash flow match (or beat) this destructive force.This isn’t just a question that impacts real estate investors—it affects almost every individual working within today’s economy. In today’s episode of Seeing Greene, David goes deep into this question (and others) so you, the investors, can have a better understanding of our economy as a whole. You’ll also hear topics like whether or not you can transfer title on an FHA loan, what to do when bidding wars push prices well above market comparables, when to cosign and when to ask for a cosigner, and what every investor in their twenties should start doing today.Heard a topic that you wanted more explanation on? Want to ask David a question you’ve never heard before? 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:How spending power changes the way investors calculate cash flowTransferring title from your personal name into an LLC with an FHA loanHow to know a house is “worth it” and what to look for in a loan officerCosigning for a relative to house hack and staying up-to-code with owner-occupied loansPivoting markets from a cash flow market to an appreciation marketDavid’s advice to every young, aspiring real estate investorAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreSubmit Your Questions to David GreeneBiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN PropertiesBiggerPockets Podcast 570: Seeing Greene: Signs of a Great Agent, When to Refi, and How to ScaleBiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily SeaBiggerPockets Podcast 577: Cutting Your Tax Bill, Investing in Different Markets, & “Investor Pressure” | Coaching CallsBiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House HackingBiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising RisksBiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with RentalsBiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New InvestorsDavid Greene MeetupsDavid Greene TeamClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-594 Learn more about your ad choices. Visit megaphone.fm/adchoices