BiggerPockets
BiggerPockets
  • 3 293
  • 110 917 706
The TRUTH About First-Time Home Buying
Find a Property Manager: biggerpockets.com/findapm
Join BiggerPockets for FREE 👇
www.biggerpockets.com/signup?
Find Investor-Friendly Lenders:
biggerpockets.com/findlenders
See David at BPCON2024 in Cancun!
www.biggerpockets.com/events?
Buy David's Book "Pillars of Wealth" store.biggerpockets.com/products/pillars-of-wealth
What Is a Conventional Loan? (Requirements & Costs):
www.biggerpockets.com/blog/what-is-a-conventional-loan?
Connect with David on BiggerPockets:www.biggerpockets.com/users/davidgreene24?
Connect with Christian on BiggerPockets:
www.biggerpockets.com/users/christianb79?
00:00 Dispelling Mortgage Myths
01:41 Understanding Credit Scores and Debt-to-Income Ratios
04:10 The Truth About Down Payments and PMI
05:36 Navigating Closing Costs and Fees
08:12 The Hidden Costs of Homeownership
11:41 The Drawbacks of Down Payment Assistance Programs
15:41 Tips for First-Time Homebuyers
Переглядів: 1 879

Відео

How to Find Off-Market Real Estate Deals and On-Market Steals in 2024
Переглядів 4,2 тис.День тому
Episode #972 Grab Henry’s New Book, “Real Estate Deal Maker”: store.biggerpockets.com/products/real-estate-deal-maker? Episode Show Notes: link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Find an Investor-Friendly Agent in Your Area: biggerpockets.com/agentmatch See Dave and Henry at BPCON2024 in Cancun! www.biggerpockets.com/events? 30 Ways to Find Good Real Esta...
Redfin Chief Economist: Mid-Year Housing Market Predictions + Update
Переглядів 11 тис.18 годин тому
Episode #971 Support Today’s Show Sponsor, Rent App: The Free and Easy Way to Collect Rent: rent.app/landlord Episode Show Notes: link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? New to Investing? Grab Dave’s Latest Book, “Start with Strategy”: store.biggerpockets.com/products/start-with-strategy? Find Investor-Friendly Lenders: biggerpockets.com/findlenders See D...
6 Landlord Tips for More Passive Income
Переглядів 6 тис.21 годину тому
Discover how Steadily can save you both time and money on your rental property Insurance: biggerpockets.steadilypartner.com/? Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Grab "The Book on Managing Rental Properties": store.biggerpockets.com/products/the-book-on-managing-rental-properties? Property Manager Finder: biggerpockets.com/findapm See Mindy at BPCON2024 in Cancun! www.bi...
5 Mistakes to Avoid When You Start Investing in Real Estate
Переглядів 10 тис.23 години тому
Episode #970 Use the BiggerPockets Rental Property Calculator BEFORE You Buy: www.biggerpockets.com/rental-property-calculator? Episode Show Notes: link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Grab Dave’s New Book, “Start with Strategy”: store.biggerpockets.com/products/start-with-strategy? Find an Investor-Friendly Agent in Your Area: biggerpockets.com/agentm...
Housing Prices Have Stuck The Fed in a “No Landing” Situation
Переглядів 18 тис.День тому
Get cash flow WITHOUT the tenants, maintenance, or property managers: investwithppr.com? Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Buy Dave’s Newest Book, “Start with Strategy”: store.biggerpockets.com/products/start-with-strategy? Find Investor-Friendly Lenders: biggerpockets.com/findlenders See Dave at BPCON2024 in Cancun! www.biggerpockets.com/events? The Federal Reserve Le...
Can't Find Tenants? Do This! & How to Pay Off Your Rental Properties
Переглядів 10 тис.День тому
Episode #969 Your rental properties are sitting vacant-what do you do? Do you sell or lower your rent price to spark some interest? Will reducing your rent open you up to bad tenants? We’re getting into exactly what you should do in this sticky landlording situation, and many others, in this episode of Seeing Greene. This time, we’re sharing wisdom on what to do when you can’t find tenants, how...
How to Make “Guaranteed” Millions with Rental Arbitrage “Contracts”
Переглядів 9 тис.День тому
Episode #968 Episode Show Notes: link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Grab the Book on Medium-Term Rentals “30-Day Stay”: store.biggerpockets.com/products/30-day-stay? Find an Investor-Friendly Agent in Your Area: biggerpockets.com/agentmatch See Dave and Henry at BPCON2024 in Cancun! www.biggerpockets.com/events? Airbnb Arbitrage: How to Make Money Wi...
Multifamily Investing Madness Explained and a New 2025 Forecast
Переглядів 10 тис.День тому
Episode #967 Support Today’s Show Sponsor, Rent App: The Free and Easy Way to Collect Rent: rent.app/landlord Episode Show Notes: link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 www.biggerpockets.com/signup? Grab Brian’s Book, “The Hands-Off Investor”: store.biggerpockets.com/products/the-hands-off-investor? Find Investor-Friendly Lenders: biggerpockets.com/findlenders See Dave at BPCON2024 i...
Want More Cash Flow? DON'T Pay Off Your Rental Property
Переглядів 50 тис.День тому
Calculate whether you should keep, refi, or sell in MINUTES with Property Llama: go.propertyllama.com/bp/ You want more cash flow, so you ask yourself, “Should I pay off my rental property?” In one word: No. Do NOT pay off your mortgage early on your rental property. But how does that make sense? Wouldn’t eliminating your monthly mortgage payment immediately increase your rental property’s cash...
Our Worst Real Estate Deals to Date (Losing $200K+)
Переглядів 8 тис.День тому
Our Worst Real Estate Deals to Date (Losing $200K )
The Ultimate Calculations for House Flipping (Fast and Easy)
Переглядів 8 тис.День тому
The Ultimate Calculations for House Flipping (Fast and Easy)
Insurance and Taxes Killed My Rental’s Cash Flow, Should I Sell?
Переглядів 10 тис.День тому
Insurance and Taxes Killed My Rental’s Cash Flow, Should I Sell?
Why the Headline "Mortgage Delinquencies Up 100%" Isn't The Whole Truth ...
Переглядів 38 тис.14 днів тому
Why the Headline "Mortgage Delinquencies Up 100%" Isn't The Whole Truth ...
Making a 75% Return on ONE Commercial Real Estate Deal Nobody Wanted
Переглядів 7 тис.14 днів тому
Making a 75% Return on ONE Commercial Real Estate Deal Nobody Wanted
Real Estate Investing in 2024 (6 "Rules" You Can't Ignore)
Переглядів 14 тис.14 днів тому
Real Estate Investing in 2024 (6 "Rules" You Can't Ignore)
Selling Your Home in 2024? Do This BEFORE You List It
Переглядів 33 тис.14 днів тому
Selling Your Home in 2024? Do This BEFORE You List It
The BRRRR Method for Beginners (FULL BRRRR Strategy Walkthrough)
Переглядів 8 тис.14 днів тому
The BRRRR Method for Beginners (FULL BRRRR Strategy Walkthrough)
How to Buy a Whole Neighborhood With Your Friends/Family (Co-Buying)
Переглядів 6 тис.14 днів тому
How to Buy a Whole Neighborhood With Your Friends/Family (Co-Buying)
A Return to "Affordability"? | 2024 Housing Market Predictions (UPDATE)
Переглядів 46 тис.14 днів тому
A Return to "Affordability"? | 2024 Housing Market Predictions (UPDATE)
How to Avoid The High Down Payment on Your Next Rental Property
Переглядів 15 тис.14 днів тому
How to Avoid The High Down Payment on Your Next Rental Property
Mortgage Rates Finally Below 7% and Surprisingly Cheap DSCR Loans
Переглядів 36 тис.14 днів тому
Mortgage Rates Finally Below 7% and Surprisingly Cheap DSCR Loans
Buying Cash-Flowing Rental Properties from 2,000+ Miles Away
Переглядів 9 тис.21 день тому
Buying Cash-Flowing Rental Properties from 2,000 Miles Away
Comparing 3 of Florida’s Most “Polarized” Housing Markets
Переглядів 6 тис.21 день тому
Comparing 3 of Florida’s Most “Polarized” Housing Markets
2024 Housing Market Update + Why Home Prices Are Still Rising
Переглядів 15 тис.21 день тому
2024 Housing Market Update Why Home Prices Are Still Rising
How Much to Charge for Rent on Your Rental Property
Переглядів 36 тис.21 день тому
How Much to Charge for Rent on Your Rental Property
Hiring a Property Manager and “Fees” That’ll Kill Your Cash Flow
Переглядів 8 тис.21 день тому
Hiring a Property Manager and “Fees” That’ll Kill Your Cash Flow
How to Make Rental Properties Cash Flow (Even in 2024)
Переглядів 33 тис.21 день тому
How to Make Rental Properties Cash Flow (Even in 2024)
The Mexican Rental Properties Beating the US Housing Market Returns
Переглядів 12 тис.21 день тому
The Mexican Rental Properties Beating the US Housing Market Returns
Rate Locks and Mortgage Applications Rise, Home Prices Could Follow
Переглядів 6 тис.28 днів тому
Rate Locks and Mortgage Applications Rise, Home Prices Could Follow

КОМЕНТАРІ

  • @brianarc2
    @brianarc2 13 годин тому

    50:00

  • @MyGarden-os6dd
    @MyGarden-os6dd 13 годин тому

    The sellers have to have a lot of trust in your guests... because if your guests stop paying on the note to the seller, the seller is in deep trouble... and need to go through a foreclosure process that can be very costly... I would never ever agree to such contract. On top of it, sounds like your guests are getting the property for the amount owned on it and pocketing all the equity that was paid off by the seller earlier.... does not look as a smart thing to do for the seller... Interesting that banks would take the note seriously without checking your guests credit and having trust in their ability to pay the note.... sounds too complicated, too risky - almost like a scheme taking advantage of people who might not be able to evaluate the whole situation well..... no, no and no 🙂

  • @Rex-bp3fd
    @Rex-bp3fd 14 годин тому

    5-6% when a home is $150k is a lot different than 5-6% when a home is $450k

  • @tracy3066
    @tracy3066 14 годин тому

    So your master lease is someone renting the entire 40 units and then subleasing them to others? If so that’s a sweet sweet deal.

  • @tracy3066
    @tracy3066 14 годин тому

    Wow that’s a cool looking rooming house! I wish I could have seen the inside of it. I just bought my first rooming house. It’s only 2 rooms and a private basement studio but it got me hooked on how much extra money you could make on them! So now I’m on the hunt for a second one. Only thing that sucks is in my city you can only do up to 4 rooms in a single family residential property otherwise it needs to be a commercial property. ☹️

  • @monkmysterio
    @monkmysterio 15 годин тому

    I bought a house at a hospital lol

  • @BelleJitpraphawan
    @BelleJitpraphawan 15 годин тому

    This is awesome! I'm wondering if the owner should get certified as an admin as well even when you don't work as an admin? This is just in case your admin decided to leave and you can work as an admin while looking for a replacement? or how do you deal with this when you are not certified and your admin decides to leave?

  • @AaronHope_Sow
    @AaronHope_Sow 15 годин тому

    Henry dropping Gold BARS on this episode. Thanks fellas.

  • @juxjay7108
    @juxjay7108 18 годин тому

    Thanks, guys, for the knowledge! You're the best

  • @aprilvancleve9463
    @aprilvancleve9463 19 годин тому

    Do you guys have an episode talking about first time investor loans?

  • @user-km4gm6kb6s
    @user-km4gm6kb6s 20 годин тому

    What websites do you guys used to do background checks and acreen tenants?

  • @desmondthornton
    @desmondthornton 21 годину тому

    I loved this one ❤

  • @aprilvancleve9463
    @aprilvancleve9463 22 години тому

    What!? I can swim after eating AND swallow gum?? My life is forever changed, people.

  • @Doesitmatter282
    @Doesitmatter282 22 години тому

    How about talking about how you don’t need real estate agents to buy a home!

  • @TheRealEstateMix
    @TheRealEstateMix 22 години тому

    Thanks for debunking the credit score myth!!

  • @TalhaMajeed5
    @TalhaMajeed5 22 години тому

    Offering 100% bank financing for a deal to a person who is financially struggling and has no experience in real estate seems quite suspicious.

  • @soonerranger2952
    @soonerranger2952 22 години тому

    Good information

  • @makky100
    @makky100 День тому

    what call centers do the calling on your behalf? how much they charge ?

  • @SuccessMindset2180
    @SuccessMindset2180 День тому

    0:18 focus on big spendings

  • @markwalz5692
    @markwalz5692 День тому

    Bad news for you brother, Congress bankrupted the SSN fund years ago. SSN are pay go until congress can't keep the plates spinning

  • @robertmartinez5538
    @robertmartinez5538 День тому

    I was listening until the part he said you send out 300 letters and get 40 leads I’ve sent out to close to 2000 and gotten 3 leads no deal yet.

  • @jgn2112
    @jgn2112 День тому

    RED FLAGS... 1. The easier it is to find a deal, the less likely it is to be a deal. If it's been on the MLS, Zillow, etc., and it's still on the market for X days, then it's likely been passed over by other investors... probably for a reason. 2. The more you're being pressured to sign a contract or do the deal, the more likely there's an underlying problem. If you're getting push back for basic due diligence, something might be amiss. 3. Never trust someone else's "due diligence." Run your own numbers and verify them. Consider ignoring the numbers you see and research your own numbers. GREEN FLAGS (good signs!) 1. Direct to the seller... No middle man 2. Equity in the deal. That way you can still offer lower and the seller can still profit. 3. Seller is motivated to sell. Be honest about being a realtor and that you cannot buy at retail value.

  • @tyjameson7404
    @tyjameson7404 День тому

    She is so attractive, intelligent, and charismatic 🙌🏾👏🏿🇸🇪❤️🐐🇺🇦🙏👍❤️🌹🇯🇵

  • @evefavorse5939
    @evefavorse5939 День тому

    Incredible genius level moves at such a young age! I’m 60 and want to be like him when I grow up!

  • @lyleburlingame2276
    @lyleburlingame2276 День тому

    This is Redfin chief economist? She speaks like a 29 year old ticktock blogger😅

  • @AkshaywaghAkshay-du8hj
    @AkshaywaghAkshay-du8hj 2 дні тому

    Thank you for your research. I find your videos are well done. Right now I'm keeping an eye on Unimantic.

  • @VinodKumar-by1dl
    @VinodKumar-by1dl 2 дні тому

    Thx for the info. It's very useful. Last time, I also came across Unimantic, and financially, it has been very helpful for me. So thank you again!

  • @TropicTrdr
    @TropicTrdr 2 дні тому

    Just saw this video. I hope you guys got through the fire okay!

  • @henryluis3762
    @henryluis3762 2 дні тому

    David if you need a great real estate attorney in Miami I can recommend you one. Hes the attorney I use for my deals

  • @JohnJohnCrusher
    @JohnJohnCrusher 2 дні тому

    Who is this lady? Smart and articulate and relatable. Great guest

  • @stevenap4594
    @stevenap4594 2 дні тому

    Did she just say buyers are still outnumbering sellers when home sales are at 3 decade lows? 😂 Am I in a coma?

  • @Pkour11
    @Pkour11 2 дні тому

    What if the wyoming llc is a member of another llc in the same state the property is in ?

  • @denicelopez9467
    @denicelopez9467 2 дні тому

    Wow, stating that inflation is a psychological effect is crazy out of touch. Ppl aren’t imagining inflation it’s real and ppl are STRUGGLING just with buying groceries.

  • @falsificationism
    @falsificationism 2 дні тому

    "[Renter] Irrational exuberance" = Needing a place to live when RealPage exists, the country has no housing policy, and you can't afford to buy a home. Do go on.

  • @windowsdown3684
    @windowsdown3684 2 дні тому

    ADUs suck in residential neighborhoods. Brings the vibe down, more cars, more dogs, more noise, less privacy. Typically landlords are slumlords so they generally are a negative on the neighborhood.

  • @jijiipetti1433
    @jijiipetti1433 2 дні тому

    Sort of skipped over a bunch of stuff in the sales purchase phase like how you can be sure there are no liens. In a foreclosure is title insurance necessary? Does the bank ensure the title is free and clear? I bought a foreclosure years ago and my SIL was the agent, so I was in good hands. But for others who have never done this, it's good to know how or if it differs from a regular sale. Liens are more common on distressed properties, obviously because the former owners were having financial difficulties. A few sentence would suffice.

  • @davedrum5752
    @davedrum5752 2 дні тому

    The economy is losing Full time positions but part time positions are rising. Thats not a thriving economy.

  • @MikeHawk143
    @MikeHawk143 2 дні тому

    My airbnb rents have plummeted… worse year in a decade. A traditional local vacation destination. Home in major city easily getting rented monthly with competitive rate.

    • @stevenap4594
      @stevenap4594 2 дні тому

      Aw, poor guy. Some families are homeless because of people like you 😆

    • @EtienneKotey
      @EtienneKotey День тому

      anti business? no it's because regulators have not allowed enough supply. if there is demand for any legal products or service and smart economy fills it then works on any unintended consequences​@@stevenap4594

  • @hashimsalim2665
    @hashimsalim2665 2 дні тому

    ok

  • @calivalley9056
    @calivalley9056 2 дні тому

    I pay off all my rental properties, I have open HELOCs for when a property pops up for purchase or need the cash for major fixes. I have almost worked it so that I will never need to go the bank for mortgage again, maybe two more rentals and I’m there.

  • @Lovepinkdress
    @Lovepinkdress 2 дні тому

    We these kind of economists we are doomed!

  • @jasonm887
    @jasonm887 2 дні тому

    Hahahha😂. This lady is saying the economy is great! It's not until you try to purchase anything or take a loan that people feel how bad the economy is. If you ignore that, it's great! 😅

  • @ovidioarroyo7816
    @ovidioarroyo7816 2 дні тому

    The economy is doing just fine, I see everyone around me has a better job and more money

    • @stevenap4594
      @stevenap4594 2 дні тому

      0% interest credit cards can make anyone an overnight millionaire.

  • @ishbuyshomes4790
    @ishbuyshomes4790 3 дні тому

    David can you get a gas generator just to run ac?

  • @trozariowo
    @trozariowo 3 дні тому

    lol you don’t know nothing about real estate

  • @luisesquijarosa9968
    @luisesquijarosa9968 3 дні тому

    Very cool project. Congrats

  • @evefavorse5939
    @evefavorse5939 3 дні тому

    Every BP episode brings a wealth of valuable information!

  • @DelbertStinkfester
    @DelbertStinkfester 3 дні тому

    WOW!!! Super clean and super simple and super affordable...Very Nice

  • @jsanchez8165
    @jsanchez8165 3 дні тому

    Bruce out!!! I'll be BaacK!!! Thank you for sharing!!!