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
Find an Agent
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BPCON2023
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Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
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Work with David
Rob's BiggerPockets Profile
Rob's Instagram
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Rob's YouTube
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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Bonus: How to Use the 2023 Housing Correction to Get RICH with Real Estate
737: Lewis Howes: The 3-Step Formula to Go From Broke to Millionaire in 2023
736: BiggerNews: Mortgage Rate Mayhem and New Rules That Could RUIN BRRRR
735: Seeing Greene: Rental Property Deal-Breakers That Could Kill Your Cash Flow
734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/David Pere
733: 3 Real Winning Deals in 2023 (and Where You Can Find Them!)
732: Seeing Greene: Side Hustles, Syndications, & Escaping a W2 with Real Estate
731: From Losing EVERYTHING in the Last Crash to $9,000,000 Income in 9 Years w/Brent Daniels
730: How to Start a Real Estate Portfolio with Just $10K
729: The 10 Real Estate Markets Primed for Long-Term Growth in 2023
728: Making $80K+ Per MONTH with Just 9 Rental Properties w/Jesse Vasquez
727: Seeing Greene: Making $300K Per Year On ONE Short-Term Rental
726: Future Millionaires: Why You Should Start Making "Offensive Offers"
725: Leaving Pro Sports and a Violent Past to Forge Financial Freedom from SCRATCH w/Suni Rao
724: The 3-Step System to Scale ANY Real Estate Portfolio
723: Seeing Greene: Why This Recession is a HUGE Opportunity for Investors
722: David Greene's Untold Story of 7-Day Workweeks to 7-Figure Net Worth
721: Commercial Real Estate Could Crash, But Are Everyday Investors Impacted? w/BiggerPockets CEO Scott Trench
720: Seeing Greene: Why Interest Rates Don’t Matter As Much as You Think
719: Future Millionaires: The Real Estate Investing Hurdle You MUST Get Over
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