BiggerPockets Real Estate Podcast
Business:Investing
The real estate market is crumbling…or is it? According to experienced investors like Jessie Rodriguez, now is one of the best times in recent memory to start building wealth. As a multi-decade house-flipping veteran, Jessie understands how the housing market works. He lost his business, his home, and the majority of his wealth in 2007 but has made it out not only surviving but thriving with a house-flipping business that prints cash. And he knows something that you probably don’t.
The past few years have been a bloodbath for flippers. With home prices correcting and buyers fleeing the market, many flippers from years back aren’t around today. But, the tide has started to turn, and buyers are getting back into bidding wars, willing to spend good money on homes that fit their remote-first lifestyle. Jessie and his team are HEAVILY capitalizing on this, and more good news may be on the way.
In this episode, Jessie talks about rebuilding his business after losing it all in 2007, why now may be one of the BEST times to start house flipping, key indicators of a market shift that most investors miss, the biggest myth in today’s real estate space, and how Jessie’s team is redeveloping a historic building and turning it into a passive income stream that offers millions in profits. The best part? You can copy Jessie’s strategy to build your own wealth in 2023, so don’t skip this!
In This Episode We Cover:
Rebuilding your wealth after losing EVERYTHING in a financial crash
The biggest myth of 2023 real estate and why most investors are wasting time
Signs of a housing market shift and the metrics that predict where we’re headed
Finding a mentor and how the right one can put you decades beyond the competition
Redeveloping historic real estate and the unusual deals that are making Jessie a fortune
Building a seven-figure passive income stream, EVEN if you’re new to rentals
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Watch James on the “On The Market” YouTube Channel
Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify
Apple Podcasts
BiggerPockets
James' BiggerPockets
James' Instagram
James' Website
Books Mentioned in the Show
SOLD by David Greene
SKILL by David Greene
SCALE by David Greene
Connect with Jesse
Jesse's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-782
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
646: Building Wealth Like Warren Buffett & Lessons Learned from Billionaires w/Trey Lockerbie
645: Seeing Greene: Will Borrowing Money from Family Ruin Your Real Estate Deal?
644: 50 Properties in 6 Months Using the Supercharged BRRRR Strategy w/Chad Beeman
643: BiggerNews August: Will 3D Printed Homes Slash Housing Costs? w/Zachary Mannheimer
642: Private Money: What the Experts Warn Against Before You Lend (Or Borrow!) w/Beth Johnson and Alex Breshears
641: 15 Rentals in 1 Year (While Running 3 Businesses!) by Putting Time First w/Christian Bachelder
640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year!
639:Passive Income (Without the Properties!) by Investing in REITs w/Matt Argersinger
638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing w/Brian Davila
637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory
636: Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) w/Amy Mahjoory
635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
634: Why 2023 Will Be One of The Best Years Ever to Invest in Multifamily w/Matt Faircloth and Andrew Cushman
633: Seeing Greene: Is My BRRRR a Bust If Cash Flow is Low?
632: The “Conveyor Belt” System That’ll Build You a BIG Rental Portfolio Quickly w/Jake and Gino
631: BiggerNews July: Rich Dad's CPA on How ANY Investor Can Avoid Taxes in 2022 w/Tom Wheelwright
630: Seeing Greene: Estimating Rent, “Amplifying” Cash Flow, and DIY Investing
629: Brandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAY
628: How Being a Quitter Will Make You a Millionaire
627: Seeing Greene: The Real Estate Winners and Losers Of The Next Recession
Create your
podcast in
minutes
It is Free
TED Talks Daily
Radiolab
StarTalk Radio
The Inforium
Entrepreneurial Thought Leaders