Category: <![CDATA[Podcast]]>

Today we bring you Part 1 of back-to-back episodes with real estate investor/appraiser/author/all-around good guy Josiah Smelser.

This first conversation was recorded pre-coronavirus lockdown, but it’s packed with tips you can put into action today. You’ll learn how Josiah solved the #1 bottleneck in his business (capital!), allowing him to BRRRR at scale and rack up rental properties with very little money out of pocket. Even more impressive: he’s doing it long-distance (The properties are in Dallas, TX and Josiah lives in Huntsville, AL.)

And if that weren’t enough, the guys go in-depth on appraisals – and the techniques you can use to help appraisers see your side of the story. Josiah’s a longtime licensed appraiser, so he speaks from experience… and he shares his playbook for giving yourself the best chance to pull all your money out of your deal.

If you like what Josiah has to say, then be sure to check it Part 2 tomorrow. We bring him back on, post-COVID-19, to discuss the serious challenges he’s faced: lenders pulling out, property values dropping, and even a domestic violence issue at one of his rentals.

The good news: he made it through. Tune in tomorrow to hear how!

Can you flip, wholesale, and buy rentals throughout a downturn?

Yes… IF you heed the advice given out in today’s episode.

Our guest Tucker Merrihew is more than qualified to tackle this subject, having launched his real estate business in Portland, Oregon, in 2008—during one of the worst housing markets of all time.

In a rare “Double Deep Dive” segment, Tucker walks us through a couple TTM Development projects from 2009 and reveals exactly what he did right and wrong at the time.

As for the coming months… you’ll learn which types of properties to avoid, which price ranges to target, and why renovating old homes can be risky business at this stage of the market cycle.

Plus, Tucker explains why he underwrites every deal at 3 different prices to make sure it passes his “Oh $#!# Test” if the market goes south.

Tucker is a seasoned pro with hundreds of deals under his belt, and he shares tons of valuable information for free in this episode. Be sure to subscribe to the BiggerPockets Real Estate Podcast for more tips on investing safely while taking advantage of the opportunities ahead.

Feeling like you’re in uncharted territory as a landlord? You’re in good company!

Today’s show walks you through how to ethically and profitably manage rentals through the COVID-19 outbreak and beyond.

Brandon and David sit down with Mike Butler, acclaimed author of Landlording on Autopilot; Chris Clothier, partner at REI Nation (formerly Memphis Invest); and Dave Poeppelmeier, owner of eight houses in Toledo, Ohio.

You’ll get a ton out of this panel discussion, including exact scripts for communicating with non-paying residents, strategies for connecting tenants to government resources, a discussion about “deferment” vs. “forbearance,” and much more.

Mike (500+ units), Chris (6,000+ turnkey units), and Dave (8 properties, mostly student rentals) are all in different markets and at different stages of their investing careers… so you’re guaranteed to learn something you can apply in your business today.

Enjoy this episode, jump on the BiggerPockets Forums to connect with fellow investors, and subscribe to this show in your favorite podcast app so you won’t miss us next week!

There are plenty of opinions out there about where the real estate market is headed next. But what are the numbers telling us?

Today we dig into the data with Dave Meyer, BiggerPockets’ VP of Growth and Analytics and a real estate investor himself.

Dave leads BiggerPockets Insights—a Pro/Premium benefit providing current local market data—and he’s been looking at data points in the weeks since shelter-in-place orders began to grind the economy to a halt.

So…`

Why are rents down? Why haven’t prices dropped? And what data should investors be keeping an eye on? The guys tackle those questions and much more in today’s episode.

Plus, Dave discusses his list of the country’s best 11 cashflow markets adjusted for vacancy and explains what makes them so attractive right now.

Add in a topical “Fire Round” and a breakdown of Dave’s “ski for free” Airbnb scheme, and you’ve got an action-packed episode sure to bolster your confidence in these uncertain times.

Check out this episode of the BiggerPockets Real Estate Podcast, and be sure to subscribe to the show in your favorite podcast app so you won’t miss the next one!

With a recession already underway, we’re turning to an investor with 30 years of experience, 3,000-plus multifamily units acquired, and one of the sharpest minds in real estate.

Brian Burke is back today, and he sits down with Brandon and David to offer his interpretation of current events and to guide our audience through how to invest passively without violating Warren Buffett’s No. 1 rule: “Never Lose Money!”

Brian explains how his firm Praxis Capital is navigating COVID-19 and shares a few tips everyday investors can use to fortify their portfolios. We also discuss leverage, how lending practices are changing, and techniques you can use today to safeguard your investments against vacancy and drops in valuation.

In the second half of the show, Brian speaks to those interested in becoming “hands-off” investors—whether you want to focus on making money in your day job or just don’t want to deal with being a landlord. After all, BiggerPockets has 10-plus books on how to actively get deals done… but none (until now) on how to evaluate passive investment opportunities.
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We go over how to meet syndicators, what red flags to look for, how to diversify your investments… and the absolute No. 1 quality to look for in a passive investment (hint: it’s NOT the deal itself).

This episode is packed with deep insights into the current market shift, but it’s also a timeless lesson in evaluating syndication opportunities.

For more info, check out Brian’s new book, The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications, and all the great bonus content, too.

Today’s guest does 125 deals a year in Dallas—from his home base in the Caribbean.

How? Well, he bailed on direct mail marketing and doubled down on radio ads.

And when others froze up as the coronavirus spread, his team put in new systems and closed a $23,500 wholesale deal… without even stepping foot inside the house.

Chris Arnold zigs when others zag, and today you’ll learn how he sets up his business so he can consistently work ON it, not in it… while enjoying a great lifestyle in Tulum, Mexico.

Chris shares timely tips for how to orchestrate deals while maintaining safe social distancing (he even holds “Zoom open houses” with multiple cash buyers at once); breaks down which team member handles each aspect of a transaction; and delivers a fantastic tip for new real estate investors struggling to stay focused.

Plus—Chris shares how advertising on local radio stations has elevated his home-buying business to new levels. Look, he says, you might prefer podcasts… “but you are not your seller!”

We play one of his ads on the show, and he guides us through how to research various audiences and negotiate the best rates with stations.

This show covers it all—from the finer points of buying properties at deep discounts to the mindset shifts Chris has made along the way.

Check it out, and if you enjoyed this please share it with just one family member or friend. We appreciate you, and we’ll see you next Thursday.

Strength in numbers!

When you finish this episode, you’ll have 12+ action items that could help you withstand the coming economic slump… and perhaps even accelerate your path to financial freedom.

Each investor featured today gives you their top piece of advice for handling an economic downturn: from mindset, to leadership, to specific strategies you can begin to put in place TODAY.

Don’t miss this one, and be sure to subscribe to the BiggerPockets Real Estate Podcast for more hard-won wisdom on how to lead your business through the coronavirus crisis and beyond.

Economic upheaval. Tenants losing their jobs. Entire cities shut down.

How should real estate investors operate today?

In this episode, we’re opening up the phone lines and patching in both expert investors (Tarl Yarber, Avery Carl, Justin Stamper) and newbies (Sawyer, Adam, Joe) in various markets across the country.

What you’ll learn: how hard-hit short-term rental operators can adapt to travel restrictions, how to plan for non-payment of rent, which strategies are likely to work best in the coming economic shift, what the heck is going on with interest rates… and much more.

Tell us what you think of this new format, and be sure to subscribe to the BiggerPockets Real Estate Podcast for more on how best to run your business in unprecedented times.

Stay safe and we’ll see you next Thursday.

Rent’s due… or is it?

From quarantines to eviction moratoriums to a plummeting stock market, COVID-19 has upended seemingly everything — and today we talk through what it all means for real estate investors.

J Scott, author of Recession-Proof Real Estate Investing, and Scott Trench, author of Set for Life and CEO of BiggerPockets, join Brandon and David for a roundtable discussion packed with perspective and insight.

We begin with a high-level analysis of today’s economy, and discuss how you can fortify your portfolio in the face of a likely recession (there’s still time!). Then, the guys take on your most pressing questions — starting with, “what happens if my tenant doesn’t pay rent?”

*NOTE: If you want to skip directly to audience Q&A, that section starts at 58 minutes.*

Whether you’re a brand new investor nervous about getting started… or a veteran waiting for the right opportunity to deploy capital, this episode will give you a chance to take a deep breath and assess the playing field.

We hope you enjoy this special episode, recorded March 18… Stay safe, take care of yourselves, and stay tuned for more Coronavirus content across all BiggerPockets platforms in the days and weeks ahead.

Four years ago, Lee Ripma was brand new to real estate. She vowed she’d one day appear on the BiggerPockets Podcast. That day has come.

And we’re all better off for it!

In this action-packed episode, Lee traces her journey from full-time field biologist to newbie who jumped straight into long-distance multifamily (wait ’til you hear about her first deal!) to developing apartment buildings in the high-end Los Angeles market.

You’ll learn how she formed relationships with local, “boots-on-the-ground” partners on her BRRRR deals in Kansas City, why she came to prefer value-add multifamily deals over BRRRR, and how she’s able to find higher and better uses for properties in Southern California.

From looking at our podcast stats, we know a LOT of you are in hot markets like L.A., New York, San Francisco, and Washington, D.C. If you’ve ever thought to yourself, “My market’s so expensive… How can I invest in real estate?”—look no further.

This episode will get you motivated, and it may just ignite your real estate investing career!

Be sure to subscribe to the BiggerPockets Real Estate Podcast, sample the other BiggerPockets podcasts in our network (just search “BiggerPockets” in your favorite podcast app), and as always, if you appreciate this content, please give us an honest rating and review on Apple Podcasts.