BiggerPockets Podcast 358: 6 Popular Strategies to Make You Money in TODAY’s Real Estate Market

Have you been looking for the right way to find deals in today’s tough market?

Today’s show might be just what you’ve been looking for! Join us as Brandon and David sit down and bring out the gold nuggets on what’s working for successful real estate investors in today’s hot market.

You’ll learn six strategies that will help you land deals and build wealth, as well as detailed insight into how to pull them off successfully. You’ll want to hear this advice about how to find deals, how to set up your business, and how to protect your capital that not everyone is talking about!

For the second half of the show, Brandon and David share five “accelerants” that will help increase the level of your success once you’ve found the strategies that work for you.

This show is the first of its kind, and we think you’re going to love it. You spoke, we heard, and this is the content the people want.

Download and share this gem today!

Oral Arguments Held in AHP Case

The U.S. Court of Appeals for the District of Columbia Circuit recently heard oral arguments in the case brought by a dozen attorneys general (AGs) challenging the Department of Labor (DOL) association health plan (AHP) rule issued in 2018.

BiggerPockets Podcast 357: $6M Portfolio Before Age 30 by Finding “Problem” Properties with Kevin Paffrath

YouTube sensation alert!

On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.

Kevin is young and doing great with real estate from several angles! He’s built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same.

You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice!

This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike.

NAR Testifies on USPAP

On October 11, 2019, NAR provided comments on the Appraisal Standards Board’s (ASB) concept paper reforming the evaluation standards in USPAP.

Thirdhand smoke: An unseen hazard might be affecting your home

Adopting smoke-free policies in condominiums and housing cooperatives can help make a community more appealing to potential nonsmoking residents. But what if there’s a lingering tobacco odor and yellowish stains on the walls of a unit being sold after its former occupant has moved out?

Both are indicators of residual contamination from cigarettes, cigars, and other tobacco products—known as thirdhand smoke. According to the American Nonsmokers’ Rights Foundation, a residue of nicotine, tar, and other carcinogens and heavy metals builds up on walls, ceilings, carpets, drapes, and other fabrics, HVAC units, and dust, posing a risk to health if inhaled or ingested.

Removing thirdhand smoke residue requires extensive cleaning beyond vacuuming or dusting—an expensive and time-consuming proposition for an association if the previous owner has already left. At a minimum, a thorough cleaning of the unit should include the following:

  • Wash walls and ceilings multiple times with hot water and detergent, using rags to avoid pushing residue around.
  • Remove carpeting and padding, and wash floors before replacing carpeting.
  • Replace curtains, blinds, and window coverings to prevent chemicals from being released back into the environment.
  • Clean out vents and replace filters to prevent HVAC systems from recirculating thirdhand smoke into the unit or around the building.
  • Repaint walls with two or three coats of paint once thoroughly clean.

Once the unit is rid of the majority of tobacco residue and ready to be inhabited, remember to ensure that new residents know about the smoke-free policy in your building. The American Lung Association recommends reminding residents that they are financially responsible for smoke residue in their unit, enforcing policy violations with a verbal warning or written notice before more serious penalties if the problem persists, and making it clear that residents need to inform guests of the building’s smoke-free policy.

The post Thirdhand smoke: An unseen hazard might be affecting your home appeared first on Ungated: Community Associations Institute Blog.

BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah

Want to build massive wealth in a top-end rental market that’s also really expensive—all while minimizing your risk? Don’t we all!

Well, you’re in luck, because today’s guest has done just that—and in a surprisingly simple way that anyone can replicate. On today’s show, Brandon and David dig deep into the strategy used by Joe Asamoah, a Washington, D.C. investor, who owns more than 30 single family homes that are currently building him massive wealth!

You will be absolutely fascinated as you hear how Joe uses HUD housing vouchers to generate big returns in high-end areas while also reducing his risk to survive tough markets. Joe also shares some amazing tips for how he keeps tenants for 15 years at a time, including how he creates a huge demand for his homes, which kinds of properties he targets, and how he gets deals brought to him before anyone else.

Joe goes on to reveal some extremely effective tips regarding how to treat your tenants so well they never leave, how to convince lenders to work with you, and why he visits potential tenants in their current homes on short notice.

This show is chock full of extremely practical advice anyone can follow, not to mention useful tips for high-level real estate investing. This is an episode you will listen to several times and walk away extremely inspired.

BiggerPockets Podcast 355: From Small-time Landlord to 1000+ Units Under Contract with Ryan “The Mercenary” Murdock

From Bangor, Maine to Maui… by providing massive value!

If you’re looking for a mentor, partner, or lender, this episode is for you. You’ll learn how Ryan Murdock went from small-time landlord/property manager to major player in Brandon’s growing mobile home park empire; how he’s the perfect complement to Brandon’s DISC profile; and how they find, underwrite, and finance multi-million dollar deals.

Ryan is a modest, down-to-earth guy with a keen awareness of his own strengths and weaknesses, and this episode will show you how you can develop that quality to find the right partner and level up your business (and life!).

Don’t miss this one, and subscribe to the BiggerPockets Real Estate Podcast so you won’t miss out next week!