BiggerPockets Real Estate Podcast
Business:Investing
Want a zero percent interest rate and a paid-off seven-figure property? What about a quick fix and flip that’ll net you six figures in profits? Or, maybe buy an office and make nearly half a million dollars while having your own workplace? It’s 2023, and the housing market has turned most real estate investors off. Everyone thinks that deals are impossible to find, but funnily enough, we keep hearing stories about real estate investors making massive profits while residential buyers cower in fear. So, where can you find these deals?
We’ve brought back Kim Meredith-Hampton and Victor Steffen from the Tampa/St. Petersburg, Florida, area and the Dallas-Fort Worth, Texas, markets, respectively. Plus, Matthew Nicklin from southern seller’s market, Atlanta, Georgia, joins us as we review real deals from all three markets to show you that no matter the housing market cycle, you can STILL make money in real estate (even in 2023!)
We’ll go over six individual deals, from turnkey medium-term rentals selling at zero percent mortgage rates (with seller financing) to easy, instant cash flow deals with perfect tenants in place. But maybe you’re not a buy and hold investor. If so, a couple of flip deals are brought on to show that six-figure profit potential still exists for the right properties. And, we’ll deep dive into one of the agent’s commercial real estate deals that made nearly half a million dollars in equity alone!
In This Episode We Cover:
Three hot southern housing markets where you can still find real estate deals
Signs of a stable market and why you want to see faster home sales
Seller financing and how to use it to score a rock-bottom mortgage rate on your next rental
How to use private lending to make a killing without getting your hands dirty on a deal
“Office hacking” and turning unused space into cash flow and HUGE equity gains
Paying off your property faster and why having little-to-no cash flow may be worth an earlier retirement
And So Much More!
Links from the Show
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Rob's BiggerPockets Profile
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BiggerPockets Articles on Atlanta
BiggerPockets Articles on Dallas
BiggerPockets Articles on Tampa
Connect with Kim, Matthew, & Victor:
Kim's BiggerPockets Profile
Kim's Website
Matthew's BiggerPockets Profile
Matthew's Website
Victor's BiggerPockets Profile
Victor's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-790
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Pillars of Wealth by David Greene (Chapter 1)
846: What You Need to Do NOW to Pay Fewer Taxes in 2024
845: The Slow, Steady Way to Make $50K Per MONTH with Rental Properties w/KC Massie
844: The 3 "Lies" You Can't Afford to Tell Yourself in This Housing Market w/Jim Kwik
843: Seeing Greene: I Don’t Make Enough to Invest, What Do I Do?
842: Why Barbara Corcoran’s Son, Tom Higgins, Went Against Her Investing Advice
841: BiggerNews: Soft Landing or Hard Recession? How to Build Wealth in Both
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838: How to Not (Accidentally) Lose Your Portfolio to Lawsuits w/Brian T. Bradley, Esq.
837: Seeing Greene (w/Meet Kevin!): Cash Flow Won’t Ever Make You Rich
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832: Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg
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831: Seeing Greene: Depreciation 101 and When to Sell a Reliable Rental
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