BiggerPockets Real Estate Podcast
Business:Investing
What if you could make six figures on your first real estate deal? “Yeah, right! Where am I going to find a property like that?” you say. What if we told you that instead of finding a home-run rental property, you could build a better one? Now, not only do you have some instant equity once the house is built, but you also deal with none of the expensive capital expenditures, regular repairs, and common headaches that come with owning an older home. And you can do this even in the most expensive of markets.
When Lacey Russell was looking for an investor-friendly agent, she turned to BiggerPockets Agent Finder, where she found her rockstar real estate agent, Sam Haack. Together, they realized that building a new construction rental worked FAR better than buying one, so Sam scoped the market for investor-friendly builders, and now, they’re off to the races. They’ll go through the full numbers of this real estate deal, from land costs to loans, equity forecasts, cash flow, and more!
Want to find an agent just like Sam? Hop on the BiggerPockets Agent Finder, answer a few questions, and get matched with investor-friendly agents in your area!
In This Episode We Cover:
How to find profitable real estate deals when your market is VERY expensive or has no inventory
When building rentals beats buying them and how much instant equity you can make
How to find an investor-friendly agent no matter your real estate market
The type of lender to look for that’ll get you a lower mortgage rate
Finding a builder in your area that’ll work with your investor-first numbers
What you MUST tell your real estate agent in the beginning to find success together
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
Join BiggerPockets for FREE
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
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Grab Dave’s New Book, “Real Estate by the Numbers”
Hear Henry on The “On the Market” Podcast
Henry's BiggerPockets Profile
Henry's Instagram
BiggerPockets' Instagram
Try the Rental Property Calculator on Your Next Real Estate Deal
Books Mentioned in the Show
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Rich Dad Poor Dad by Robert Kiyosaki
Wealth without Cash by Pace Morby
Connect with Lacey
Lacey's LinkedIn
Connect with Sam
Sam's BiggerPockets Profile
Sam's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-898
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794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know
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791: 40 Rental Units and the “Desperate” Deals That Are Waiting for You w/Nate Shields and Troy Zimmerman
790: BiggerNews: How to Find 0% Interest and Instant Cash Flow Deals in 2023
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786: Brandon Turner on Crash Prophecies, Hawaii House Hacks, and Nickelback Bets
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783.3: Home Buying Hacks: Down Payments, Financing, and Home Insurance w/Chris Hutchins
784: How I Went from 200+ Tenant Phone Calls to 1 Per Year Using This “System” w/Pasha Maleknia
783.2: Home Buying Hacks: Inspections, Disclosures, and What to Look For w/Chris Hutchins
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782: Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez
781.5: What to Buy During the Newest Real Estate Crash w/Willy Walker
781: The Beginner’s Guide to Finding Undervalued, Off-Market Deals in ANY Market
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