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887: Seeing Greene: Your Last Chance Before the House-Buying “Tsunami” Hits?

887: Seeing Greene: Your Last Chance Before the House-Buying “Tsunami” Hits?

FromBiggerPockets Real Estate Podcast


887: Seeing Greene: Your Last Chance Before the House-Buying “Tsunami” Hits?

FromBiggerPockets Real Estate Podcast

ratings:
Length:
36 minutes
Released:
Feb 6, 2024
Format:
Podcast episode

Description

Got just enough savings to buy a rental property? Before you pull the trigger, you’ll want to hear today’s episode because you could be making a big mistake. Speaking of buying, are future rate cuts going to push mortgage rates down so low that buyers and bidding wars flood the market? Is this your last chance to get in before home prices shoot back up? Don’t worry; we’re getting to all these questions in this week’s Seeing Greene.
David is back and better/balder than ever as he answers your real estate investing questions. First, a young house hacker wants to know what he should do when there are no good deals in his area. Then, another young investor debates whether they should buy a rental or invest in stocks instead. Unfortunately, there’s one big problem he’s overlooking. A new investor wonders if she should dump her ENTIRE savings into a second home, and a realtor asks for lead generation tips. Finally, David gives his take on what will happen when mortgage rates finally fall this year. 
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:
What to do when you can’t find a cash-flowing deal in your area 
Whether to invest in real estate, invest in stocks, or keep saving and wait
Mortgage rate cut predictions and the “tsunami” of buyers that could flood the housing market
The BIG problem with dumping your savings into a rental property 
The TRUTH about real estate investing that none of the gurus will ever tell you
How to get more real estate leads by NOT following the basic agent/investor trends
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
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BiggerPockets Bookstore
BiggerPockets Bootcamps
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BiggerPockets Merch
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Be a Guest on the BiggerPockets Podcast
Ask David Your Question
Dave's BiggerPockets Profile
Dave's Instagram
David's BiggerPockets Profile
David's Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Grab the “Picking a Market Worksheet”
Catch Dave and Henry on the “On the Market” Podcast
Census Reporter
ChatGPT
FRED
Books Mentioned in the Show:
Pillars of Wealth by David Greene
The Small and Mighty Real Estate Investor by Chad Carson
SOLD by David Greene
Jab, Jab, Jab, Right Hook by Gary Vaynerchuk

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-887
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Released:
Feb 6, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.