BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!
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It’s one thing to attract a tenant to your rental property. It’s another thing entirely to retain them. Here, we provide guidance on how to retain tenants and the financial results of doing so.
"Keep reading the article here: https://www.biggerpockets.com/blog/how-to-retain-tenants
Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com"
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Episode 1424 • 7 September 2024 • 11m and 45s
Most people drift along life’s current. They work 9-5 jobs, live within 30 miles of where they grew up, and don’t change careers often, if ever.
There’s nothing inherently wrong with any of that—if you’ve considered all your options and then intentionally chose that lifestyle. The problem, of course, is that most people living that lifestyle just fell into it.
"Keep reading the article here: https://www.biggerpockets.com/blog/the-freedoms-that-make-the-perfect-life
Become a member of the BiggerPockets community of real estate investors - https://www.bigg...
Episode 1423 • 6 September 2024 • 12m and 49s
Landlords can expect two things to be true: The profit potential is exceptional, and tenants will have complaints.
Homeownership comes with natural ups and downs, with the ongoing hassle of maintenance issues, frustrating neighbors, and even occasional financial hardship. As a landlord, you get to handle these issues as they arise for your tenants, so knowing how to handle tenant complaints and concerns is essential.
"Keep reading the article here: https://www.biggerpockets.com/blog/how-to-deal-with-tenant-complaints
Become a member of the BiggerPockets community of real estate investors...
Episode 1422 • 5 September 2024 • 15m and 8s
As you start to explore real estate investing, one of the first things you’ll hear about is the importance of finding deals. It’s a topic that dominates articles, BiggerPockets forum posts, YouTube videos, and conversations within the industry—and for good reason. Finding deals is the lifeblood of real estate investing.
Here are four key reasons why a successful real estate investor focuses so much on finding the deal.
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Episode 1421 • 4 September 2024 • 9m and 6s
The Fair Housing Act (FHA) ensures any person can buy or rent a house or apartment wherever they want regardless of their race, ethnicity, gender, religious preference, disability, family status, or national origin. In 2015, the United States added discrimination based on sexual orientation or gender identity to the list of protected classes.
As a landlord, you should be familiar with the FHA and what it covers. Both federal and local governments have rules regarding fair housing, and you need to understand these requirements to protect yourself and your property. Knowing the details of this legislation can prevent lega...
Episode 1420 • 3 September 2024 • 21m and 2s
Not all tenants work out the way we hope. Maybe a renter is habitually late paying rent, disruptive to other tenants, or engages in illegal activity. Whatever the reason, you may be wondering: “Can a landlord break a lease?”
The short answer is—it depends. Before you break a lease agreement, make sure you have a valid reason and that you follow all the legal requirements.
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Episode 1419 • 2 September 2024 • 17m and 9s
For landlords feeling the pinch of high interest rates or would-be investors wondering how they can cash flow, there’s some good news: Rents will continue to rise. However, for rent-burdened tenants, the outlook is not so rosy.
“We’re gonna build 600,000 apartments this year,” Barry Sternlicht, CEO of Starwood Capital, an investment firm specializing in hotels and market-rate multifamily housing, said recently on CNBC about America’s construction of apartments, “and 400,000 the year after and 230,000 the year after that.”
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Episode 1417 • 1 September 2024 • 14m and 52s
Real estate is typically an excellent choice for long-term investment. However, as with any investment, there are potential pitfalls to consider. One is ensuring you make adequate plans to handle the complex web of property tax regulations. The tips we’ll share here will help you make smarter decisions about your property tax strategies to maximize your returns.
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Episode 1417 • 31 August 2024 • 11m and 59s
The question is asked all the time: How can I estimate average rehab costs? Well, there is no average rehab cost because there is no average rehab.
Some properties will need major structural modifications; others just a lipstick approach. Some may have a recently remodeled kitchen, and others may have a 1950s galley kitchen.
But since this is such a popular topic, let’s see if we can try to make it at least (a little) feasible for a newbie to the construction world.
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Episode 1416 • 30 August 2024 • 12m and 24s
I think we can all agree that the economic outlook is uncertain. You can pick almost any economic indicator (inflation, labor market, real GDP, etc.), and find conflicting and confusing signals.
As investors, this can be daunting. How can we make wise investing decisions when the economic climate is so murky? Here are four tips on how you can continue to invest successfully in an uncertain economy.
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Episode 1415 • 29 August 2024 • 13m and 1s
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