BiggerPockets Real Estate Podcast BiggerPockets

Want to know how to make millions WITHOUT owning real estate? Rental arbitrage is the strategy for you. And maybe you’ve heard about it before, but we promise you’ve never heard anything like this. Today’s guest is bringing in millions of dollars through “guaranteed” rental arbitrage contracts that last YEARS. You heard that right—guaranteed rent for years, often at the highest price on the market. And you don’t need to own a single rental property to try this strategy. So, how do you get started?
If you’re looking to make big money with big deals but don’t have the deep pockets to buy a hundred-unit apartment complex, Noble Crawford has what you need. After choosing his wife’s health over his day job, Noble realized he needed an income stream he could depend on—one that wouldn’t be ripped away from him when life’s challenges arose. He learned about Airbnb investing and, by default, rental/Airbnb arbitrage. When the opportunity came for him to house medical students in need, he jumped at the chance and found a seriously lucrative investing avenue.
In today’s episode, Noble will walk through exactly what you can do to start making tens of thousands, if not millions, with rental arbitrage. Plus, he’ll share how to get the deeply-desired government contracts that guarantee you top-of-the-market rent for YEARS.
In This Episode We Cover
How to use “rental arbitrage” to invest in real estate without owning a single property 
The lucrative government housing contracts that can make you millions (seriously!)
How Noble gets up to $10,000 per month per unit with these lucrative cash flow contracts
Crucial first steps to starting your rental arbitrage empire (don’t get these wrong)
Exactly where to find and how to get in touch with agencies that are looking for housing 
And So Much More!

(00:00) Intro
(01:23) Cash Flow “Contracts”
(04:38) $10,000/Month from ONE Rental?
(09:23) Leaving His Job
(12:20) Moving from Airbnb to Contracts
(18:44) How to Compete for Contracts
(26:30) How to Get Started
(35:01) Connecting with Agencies
(36:53) You NEED This Document

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-968
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

Almost overnight, multifamily investing went from red-hot to something not even the most experienced investors would touch. After interest rates went up, rent growth stalled, and apartment supply flooded the market, the apartment investing industry became the ugly duckling of real estate. Owners struggled to get tenants and had huge balloon payments due, and no one was there to save them. But one man predicted that this would happen before anyone else—Brian Burke.

After seeing a crash on the horizon, Brian sold off most of his multifamily real estate portfolio and did it at just the right time. Now, he has a new prediction that could make apartment investors very happy. But a market turnaround won’t come quickly, and if you want to ensure you don’t make the same mistakes most multifamily investors made in 2020 - 2022, you’ll need to hear this BiggerNews episode. 

In this BiggerNews, Brian walks through everything that went wrong with multifamily real estate, signs it’s time to sell your properties, and some hope on the horizon for 2025 that most investors have no idea about.

Support today’s show sponsor, Rent App: the free and easy way to collect rent!

In This Episode We Cover
A multifamily real estate update and Brian’s buying plans for 2024 and 2025
The “sobering reality” of the perfectly timed “traffic accident” that hit multifamily all at once 
Why as soon as you sense “irrational exuberance,” it may be time to sell your real estate 
An optimistic prediction from Brian on when multifamily could finally get back on its feet
Syndication struggles and what every syndicator/investor should be doing NOW 
Why the multifamily oversupply may NOT be a problem in the coming years 
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
Property Manager Finder
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
Ask David Your Real Estate Investing Question
Dave’s BiggerPockets Profile
Dave’s Instagram
BiggerPockets’ Instagram
Listen to Dave on the “On The Market” Podcast
See Dave at BPCON2024 in Cancun!
On the Market Podcast 214 – What to Know About “Capital Calls” As Multifamily Syndications Get “Squeezed” w/Brian Burke
Book Mentioned in the Show
The Hands-Off Investor by Brian Burke
Connect with Brian:
Brian’s BiggerPockets Profile

(00:00) Intro
(01:57) "Irrational Exuberance”
(08:52) Investors Get Hungry
(11:34) Developers Come In
(14:34) The Sobering Reality
(19:01) Distressed Properties
(22:02) Don’t Buy Anything?
(23:41) Long-Term Multifamily Predictions
(26:30) Syndication Struggles

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-967
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

Think you've got a bad real estate deal? We doubt it comes even close to what we’re about to share. Today, the experts are in to talk about bee-infested rental properties, risky flips, “wholetail” failures, and other ways that they’ve lost money with real estate deals gone wrong. Why are we sharing such horrific stories? Because we want YOU to be able to avoid the same fate on your first or next investment property. Take a seat, get some popcorn, and pray that your properties won’t turn out like this…

First, Henry Washington from the On the Market podcast shares his recent luxury flip…or should we say, luxury “flop.” This property was poised to make him up to a six-figure profit, but it didn’t work out that way. One simple mistake ruined this real estate deal and forced Henry to slowly pay away all his profits to a hard money lender. Next, our own Rob Absolo talks about the dangers of NOT looking at the comps when doing a “wholetail” deal and how you could easily find yourself with a home worth less than what you put into it.

Finally, the deal of all horrible deals comes out…David Greene’s deal. Where do we even start? Permit problems, mold, bee infestations, and NO way out—this short-term rental gone wrong is costing David hundreds of thousands of dollars, and with little light at the end of the tunnel, he may be forced to do something drastic. So, how do YOU avoid these nightmarish real estate deals? Stick around so you know exactly what NOT to do.

In This Episode We Cover
Three of the worst real estate deals our investing experts have ever done
Why not knowing your neighborhood can cost you BIG on your next house flip
The danger of hard money loans and the massive interest they come with
Why you NEED a partner/mentor in your area to confirm a property’s worth
The so-called “landlord-friendly” state that’s actively trying to ruin David Greene 
How nosy neighbors can end up costing you hundreds of thousands of dollars 
Whether or not our investing experts regret investing in real estate after this 
And So Much More!

(00:00) Intro
(01:24) A Risky Luxury Flip
(06:02) Final Numbers and Exit Plans
(09:19) Henry’s Mistake
(11:14) An Overpriced Wholetail
(15:04) Rob’s Mistake
(23:23) The City Ruined My Real Estate
(32:43) David Lost HOW Much!?
(36:19) How to Avoid This
(39:07) Do We Regret It?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-966
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

Want a quicker way to buy rental properties? One that takes less cash, less time, and is beginner-friendly? Then you’re in the right place! In this Seeing Greene, we’re talking about the “sneaky rental tactic” that can help you build a real estate portfolio in just a few years. And if insurance and property taxes have been eating away all your cash flow, we go through a real-life investor’s situation to determine whether he should hold, fold, or change his real estate strategy. All that, and more, is coming up!

Like most investors in America, your property expenses are rising, but rent isn’t climbing at the same rate. What do you do when your cash flow disappears? That’s what our first investor is asking. Then, a house hacker wants to know how to get into his second property and what rules he has to follow to house hack once again. A rent-by-the-room investor gets given an ultimatum by his potential tenant—what should he do? We’ll also discuss the difference between “cheap” and “bad” houses, what to look for in a home inspection, and what to do when guests throw a party at your Airbnb.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! 

In This Episode We Cover
Whether to keep or sell a rental property if it no longer brings in monthly cash flow
The “sneaky rental tactic” anyone can use to buy their first (or next) investment property 
How many checking accounts you should have for your real estate portfolio
Renting-by-the-room and what to do when a tenant has make-or-break demands 
The problem with buying “cheap houses” and why we steer clear of them 
What we look at in a home inspection report and what you should always ask the inspector 
How to stop parties and large gatherings from happening at your Airbnb or short-term rental 
And So Much More!

(00:00) Intro
(01:51) Sell My Low-Cash-Flow Rental?
(07:30) The “Sneaky” Rental Tactic
(12:55) How Many Checking Accounts?
(15:05) Buying “Cheap” Houses
(21:50) Home Inspections 101
(27:58) Ask Airbnb Guests for ID?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-965
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

One investment property could change your life, especially if you buy the right one. Logan Koch, an investor in Pittsburgh, Pennsylvania, was buying investment properties for one specific goal: To retire his parents. With a $45,000/year cash flow target in mind, Logan and his parents went to work, finding small multifamily rental properties to buy, fix, and increase rents on. But one day, Logan stumbled across a commercial real estate deal that nobody wanted, one with huge signs of opportunity.

In today’s show, Logan lays down step-by-step exactly what he did to find this unwanted and unnoticed commercial real estate investment, how he was able to DOUBLE the cash flow on it, the massive return on investment he’s walking away with, and even how he got the city to lower his property taxes by two-thirds! The best part? None of what Logan did requires expert-level investing knowledge. Anyone, even a complete real estate investing beginner, can follow Logan’s same thought process to find and buy undervalued real estate deals.

Do you want to start building some retirement (or early retirement) cash flow for yourself or your parents? These are the exact types of deals you should be on the lookout for! Stick around as we discuss Logan’s almost unbelievable return on this cheap investment property everyone else was overlooking! 

In This Episode We Cover
Telltale signs that a property’s expenses are WAY too high (and how to lower them significantly)
Setting a cash flow retirement goal that’ll allow you to retire (or retire early) on your timeline 
How Logan cut his property tax bill on this investment by over sixty percent! 
Seller financing and how to get creative when buying commercial real estate 
BRRRR-ing a big property and how Logan bought $15,000/year cash flow for just $20,000!
And So Much More!

(00:00) Intro
(01:58) Investing to Retire His Parents
(05:50) Small Multifamily, Big Cash Flow
(11:42) Finding the Opportunity
(19:01) Cutting Property Taxes by 66%
(22:22) A 75% Return!?
(29:19) The Rental Retirement Plan

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-964
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

Real estate investing in 2024 isn’t as easy as a few years ago. When interest rates are low, housing inventory is high, the economy is booming, and everyone’s happy, real estate investors can take considerably more risks with bigger payoffs. But now, only the most savvy investors are finding cash flow, appreciation potential, and wealth-building properties. So, with little hope in sight for lower rates or home prices, how do you ensure you’re building wealth, not getting burnt, in the challenging 2024 housing market?

If there’s one person who knows how to invest during tough times, it’s J Scott. He literally wrote the book on recession-proof real estate investing and has flipped, landlorded, and syndicated through booms, busts, and the in-between periods. Today, J is laying down his six rules for real estate investing in 2024, which he’s following himself to ensure his portfolio doesn’t just survive but thrive, no matter what the housing market throws his way.

First, we dive into the factors causing such a harsh housing market and whether J thinks home prices will rise, flatten, or crash. Next, J walks through the six rules for real estate investing in 2024. We’ll talk about appreciation potential, rising expenses like insurance and property taxes, the riskiest investing strategies of today, loans that’ll put your real estate deals at risk, and why you MUST start paying attention to your local housing laws. 

Support today’s show sponsor, Rent App: the free and easy way to collect rent!

In This Episode We Cover
The six rules for successful real estate investing in 2024 from a time-tested expert
Inflation, interest rates, home values, and why the housing market has significantly slowed down
What rising expenses like insurance premiums, property taxes, and labor will do to your rentals
The one thing you CAN NOT assume when analyzing real estate deals (big potential mistake)
Adjustable-rate mortgages (ARMs) and why J is avoiding these at all costs
Rent control, short-term rental regulations, and housing laws that could put your rentals at risk
And So Much More!

(00:00) Intro
(01:30) What Affects the Housing Market?
(11:20) 1. Don’t Bet on Appreciation 
(15:46) 2. Expect Higher Expenses, Lower Rent
(20:37) 3. Know the Risks of Flips 
(26:46) 4. Avoid Adjustable-Rate Loans
(28:48) 5. Buy What You Can Hold 
(33:15) 6. Pay Attention to Local Laws 

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-963
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