In this episode, we explore Redfin’s intriguing data that once linked a 1% increase in tech jobs to a 0.49% rise in home prices, and analyze whether this trend still holds today. By diving into fresh market data from CoStar and the Bureau of Labor Statistics, we investigate how the growth of tech and STEM jobs impacts real estate values across major U.S. metros. Discover why cities like Ogden, Sacramento, and Raleigh-Durham are seeing surges in both tech employment and property prices, and learn...
Nov 11, 2024•14 min•Ep 1492•Transcript available on Metacast In this episode, we dive deep into the forces shaping the rental market in 2025. With vacancy rates on the rise and rental concessions becoming more common, we explore which cities are seeing effective rents drop and why. Using insights from CoStar’s rental data, we highlight 30 markets, like Fort Myers, Austin, and Raleigh, where rental prices are cooling off after the pandemic boom. But there’s more to the story—new construction is flooding certain markets, adding downward pressure on rents in...
Nov 10, 2024•11 min•Ep 1491•Transcript available on Metacast Donald Trump has won the election, and now it is time to speculate about what his administration could mean for the housing market, Namely, how will less regulation and lower rates impact the market? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 09, 2024•16 min•Ep 1490•Transcript available on Metacast Federal Reserve Chairman Jerome Powell announced yesterday that the Fed will reduce the federal funds rate by 0.25%. It was a largely expected cut, although the election's results did leave some questions. With only one more Fed meeting before the end year, what comes next? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choi...
Nov 08, 2024•14 min•Ep 1489•Transcript available on Metacast Homebuilders are being squeezed, and that's some of the worst news we could hear in the housing market. In today's episode, we go over the latest information regarding homebuilders and what's happening on the ground. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 07, 2024•13 min•Ep 1488•Transcript available on Metacast The Federal Reserve is meeting this week to discuss a potential rate cut that could go into effect tomorrow. The Fed previously cut rates in September by 0.50%, a much larger cut than expected. It's widely believed that if the Fed does cut rates tomorrow, it will be a smaller 0.25% cut, but today, we'll discuss the possibility of just that. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate inv...
Nov 06, 2024•14 min•Ep 1487•Transcript available on Metacast Election Day is here, and the two candidates running for president couldn't be any closer in the polls. But how are folks in the real estate market feeling? "Election jitters" are the talk of the town, and today, we'll talk about what comes next for housing once the voting ends. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad...
Nov 05, 2024•17 min•Ep 1486•Transcript available on Metacast Discover how to identify exactly what to renovate based on competition in the local market, not personal taste, and learn to prioritize upgrades that make a measurable impact. This episode explores the formula for determining the right offer price, balancing renovation costs with holding periods, and avoiding the pitfalls of over-improving a property. Whether you’re a seasoned investor or a first-time flipper, tune in to gain insights into building market-ready properties that sell fast and boos...
Nov 04, 2024•9 min•Ep 1485•Transcript available on Metacast REITs are still trading at large discounts relative to the fair value of their real estate. But is it too late to jump in, or do REITs still offer a compelling opportunity? We'll break down how REITs remain undervalued and explore the catalysts that could drive their continued growth, from potential interest rate cuts to the unique advantages that REITs offer over private real estate. Keep reading the article here: https://www.biggerpockets.com/blog/why-im-buying-reits-instead-of-rental-properti...
Nov 03, 2024•11 min•Ep 1484•Transcript available on Metacast If you’re considering jumping into the Florida Airbnb game, great! You’re about to invest in a state where tourists flock in droves, carrying sunscreen and wallets full of cash. But before you go snapping up properties, let’s look at the best five markets the Sunshine State has to offer. Keep reading the article here: https://www.biggerpockets.com/blog/most-profitable-cities-for-short-term-rentals-in-florida Subscribe to the BiggerPockets Channel for the best real estate investing education onli...
Nov 02, 2024•13 min•Ep 1483•Transcript available on Metacast Laura Escobar, the new head of the Mortgage Banker's Association (MBA), left a recent conference with powerful statements, demanding that lawmakers begin acting on housing issues, and highlighted major challenges in the industry, including the uphill battle developers are facing. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your a...
Nov 01, 2024•19 min•Ep 1482•Transcript available on Metacast The election is next Tuesday, and several states have housing on the ballot. Today, we're covering some of the important laws and proposals you need to know about and how they could impact local markets. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 31, 2024•19 min•Ep 1481•Transcript available on Metacast Property tax bills have increased across the U.S. due to higher home prices, but Florida has seen the highest increases. As a result, the cost of ownership, along with insurance costs, is skyrocketing. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 30, 2024•15 min•Ep 1480•Transcript available on Metacast Nonseasonal markets are best for short-term rental investors who want predictability. So, what are the best markets in the country for doing just that? We took a look at data from AirDNA and BiggerPockets Market Finder to get you the answers you need. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm...
Oct 29, 2024•15 min•Ep 1479•Transcript available on Metacast Running a short-term rental (STR) business on Airbnb can be incredibly rewarding, but it also comes with financial responsibilities that can make or break your success. We all love making money, but we tend to shy away from the part where we see how much we spend. Accurate accounting and meticulous bookkeeping are vital to maintaining a profitable rental operation, and STRs are even more scrutinized than typical rentals. Keep reading the article here: https://www.biggerpockets.com/blog/mastering...
Oct 28, 2024•12 min•Ep 1478•Transcript available on Metacast One of the biggest real estate investment fraud schemes in recent history has been exposed. Wells Real Estate Investment promised investors that their money would be used to buy, renovate, and develop commercial and residential properties across South Florida. Instead, they gambled $28 million of $58 million in investor funds on speculative options and futures trading. Surprise, surprise—they lost almost $12 million in the process. The 660 investors who trusted Wells with their money are undoubt...
Oct 27, 2024•12 min•Ep 1477•Transcript available on Metacast If you’re wondering which real estate markets make for the best investments going into 2025, the suburbs are where the action is. With affordability a major concern for buyers, low-priced suburban areas—often below $250,000—have seen a surge of new residents. The good news for prospective investors is that, according to a recent report by GoBankingRates.com, these pockets of real estate gold are spread out throughout the country and represent some of the fastest-growing areas. Keep reading the a...
Oct 26, 2024•12 min•Ep 1476•Transcript available on Metacast On this episode, Matt discusses the recent decision by Provident Funding Associates to exit the Florida condo market, highlighting the implications for the real estate landscape in Florida. He explores the challenges faced by lenders, including rising insurance rates, stricter regulations, and the impact of the Surfside condo collapse. The discussion also touches on the potential shift in buyer preferences towards newer complexes and the overall decline in condo sales. Subscribe to the BiggerPoc...
Oct 25, 2024•10 min•Ep 1475•Transcript available on Metacast In this episode, Matt discusses the growing trend of tiny homes and accessory dwelling units (ADUs) as a response to the housing affordability crisis. Major retailers like Amazon and Home Depot are now offering these solutions, which provide affordable housing options. The conversation explores the historical context of mail order homes, the legal considerations for building ADUs, and the potential impact of these units on the housing market. Subscribe to the BiggerPockets Channel for the best r...
Oct 24, 2024•12 min•Ep 1474•Transcript available on Metacast Today, Matt explores the growing influence of corporate landlords in the housing market, their impact on affordability, and the ongoing debate about their role in communities. He highlights the statistics surrounding rental properties, the political implications, and the varying perspectives on whether corporate landlords are beneficial or detrimental to housing markets. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPocke...
Oct 23, 2024•13 min•Ep 1473•Transcript available on Metacast When you start investing in real estate, you’re often driven by the promise of financial windfalls and impressive returns. Initially, the hustle and bustle of acquiring and managing properties can be thrilling. But as your portfolio grows, you might find yourself stuck in a never-ending cycle of dealmaking, problem-solving, and even property management—feeling like you’ve just created another job for yourself, leading to burnout and frustration. If you’ve ever felt overwhelmed by the demands of ...
Oct 22, 2024•12 min•Ep 1472•Transcript available on Metacast For several years now, a passive real estate investment club has met monthly to discuss and vet hands-off investments. Every month, they go in on a new passive investment together so we can each invest small amounts without becoming a landlord. While they historically focused on syndications, they've increasingly focused on private partnerships. We go in on deals together with smaller investment companies that don’t raise capital from the public. Here’s what a Co-Investing Club looks for when we...
Oct 21, 2024•13 min•Ep 1471•Transcript available on Metacast It’s no secret that affordable housing is becoming harder to find for many young professionals, especially those who recently graduated from college with a pile of student loan debt. However, more young professionals are discovering a path to homeownership while kick-starting their real estate investing portfolio: house hacking. Keep reading the article here: https://www.biggerpockets.com/blog/best-markets-for-first-house-hack Subscribe to the BiggerPockets Channel for the best real estate inves...
Oct 20, 2024•13 min•Ep 1470•Transcript available on Metacast Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 19, 2024•17 min•Ep 1469•Transcript available on Metacast We know evictions can be costly for both landlords and tenants (both financially and sometimes emotionally). But did you know that it can actually hurt landlords just as much? Landlords go through the costly process of evicting, and tenants go through the costly process of losing the place they called home. Here's what the costs look like when broken down. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 18, 2024•12 min•Ep 1468•Transcript available on Metacast Fed Chairman Jerome Powell has been praised for his efforts to keep the economy from dipping into a recession, therefore accomplishing the long-awaited "soft landing." But does Powell rank among the best of all time? Here's why that's not the case. Read the Bloomberg article here: https://www.bloomberg.com/opinion/articles/2024-10-15/jerome-powell-is-not-the-greatest-fed-chair-ever Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the ...
Oct 17, 2024•17 min•Ep 1467•Transcript available on Metacast Whole Foods and Chick-fil-A spend millions of dollars each year looking for the best locations for their stores. Data suggests that housing prices tend to appreciate where these stores are located, so is it worth following their lead? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 16, 2024•15 min•Ep 1466•Transcript available on Metacast Proposition 33 is on California's ballot this election. The vote is for whether local governments should have the power to make rent control laws. Currently, the state has the sole authority, but Prop 33 could soon change that. Here's what you need to know about what could happen if it's passed. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn m...
Oct 15, 2024•14 min•Ep 1465•Transcript available on Metacast People have much to say about real estate investors, but not all of it is positive. While we can understand where some of the complaints come from, such as those about institutional investors, real estate investors play an integral role in the modern housing market. There may be valid criticisms out there, but by and large, investors—especially individual investors—play a significant role in maintaining the health and viability of real estate at large. The truth is that real estate investment be...
Oct 14, 2024•12 min•Ep 1464•Transcript available on Metacast DOJ investigators discovered a multiyear scheme regarding fraudulent loans that led to an $18 million loss for JLL. Here's the full story and the implications it might have. Keep reading the article here: https://www.biggerpockets.com/blog/fraudelent-scheme-leaves-jll-with-a-18-million-dollar-loss Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn...
Oct 13, 2024•11 min•Ep 1463•Transcript available on Metacast