BiggerPockets Real Estate Podcast
Business:Investing
Real estate investing is changing. Builders aren’t building what buyers and renters want, insurance companies are pulling out of top investing states, and property threats are growing increasingly common. This may sound like doom and gloom to you, but in reality, it’s keeping your competition out of the game, and if you use the advice on today’s show, you could build wealth while most cower in fear.
Seeing Greene is back again as David is on to give his time-tested wisdom to every real estate investor on the planet. But he’s got backup. Rob hangs around on this episode, and special guest Dana Bull, the “know when to stop” investor, is here to drop some knowledge bombs. We take viewer questions like whether you should buy one pricey property or a handful of smaller rentals, what to do when a property you’re buying has an illegal ADU (accessory dwelling unit), why insurance companies are leaving states like California, Florida, and Texas, and what’s the BEST property type to buy in today’s 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 real estate “red pill” you must swallow if you want to become wealthy
Why knowing your “why” is overrated, but having THIS goal isn’t
The three rules of real estate and why you should NEVER skip any of them
Going big vs. small on your first rental property and the “jump-start” plan you’ll need
Illegal additions and ADUs and whether or not a home is worth buying with one
Insurance problems and why policies are being dropped in high-risk states
The one property type you should focus on when buying in 2023
And So Much More!
Links from the Show
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Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
Dave's BiggerPockets Profile
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Rob's BiggerPockets Profile
Rob's Instagram
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Rob's Twitter
Rob's YouTube
Hear Our First Episode with Dana
BiggerPockets Podcast 795 with Chad “Coach” Carson
BiggerPockets Podcast 798 with Alex and Leila Hormozi
“This Is The Hardest Property Insurance Market Ever"
Connect with Dana:
Dana's BiggerPockets Profile
Dana's Instagram
Dana's LinkedIn
Dana's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-813
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965: Seeing Greene: Insurance and Taxes Killed My Cash Flow, Should I Sell?
964: Retiring His Parents by Buying Unwanted, Overlooked Real Estate Deals w/Logan Koch
963: BiggerNews: 6 Rules for Real Estate Investing in 2024 w/J Scott
How to Use the BRRRR Method to “Invest on Repeat”
962: How to Buy a Home (or Entire Neighborhood) With Your Friends and Family w/Phil Levin
961: Seeing Greene: How to Avoid High Down Payments and When to BRRRR vs. Buy New
960: No Cash Flow in Your Market? How to Invest Out-of-State Like a Pro w/Jessica and Shyd Coloma and Michael Gallagher
959: BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising
958: Hiring a Property Manager 101: Make More (in Less Time) from Your Rentals w/Luke Rzepiennik and Michael Vialpando
957: Seeing Greene: Flood Zones, New Builds, & Does Mexico's Cash Flow Beat the US?
956: How a 3% Interest Rate Cost Me Over $180,000 (Avoid My Mistake) w/Tanner Litchfield
955: BiggerNews: Real Estate vs. Stocks, the Ultimate Wealth-Building Debate w/The Motley Fool!
954: Cheap Old Houses: Buying Fixer-Uppers for Just $100K w/Ethan and Elizabeth Finkelstein
953: Is the 1% Rule Dead? + Why Building (NOT Buying) Could Make You More
952: From Broke College Graduate to Financial Freedom While Living Abroad w/Dave Meyer
951: BiggerNews: Why Low Mortgage Rates Can't Solve Our Affordability Crisis w/Andy Walden
950: The Easiest Way to Invest in Real Estate in 2024 w/Terrence Terrell
949: Seeing Greene: Is Losing $800/Month in Cash Flow Worth $200K+ Equity?
948: 10 Rentals in 5 Years by Buying in Overlooked Short-Term Rental Markets w/Jarrod Tucker and Yiwei Cheng
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