BiggerPockets Real Estate Podcast

Is it a good time to invest in real estate? Yes, and we have proof that real estate may be underpriced, even as we hover around the most expensive average home prices in history. How can real estate be undervalued when prices are at historic highs? Dave is sitting down with Scott Trench, CEO of BiggerPockets, who has condensed ten hours' worth of research into one episode to prove to you that, without a doubt, real estate will be winning over the next few years. Plus, he’s about to make a BIG financial bet on it.
We’ve been talking a lot about entering the “upside” era recently—the new cycle of real estate investing—and wanted Scott’s take on it, too. He has invested in real estate for over a decade, reached financial independence through rental properties, and has been openly critical about multiple sectors of the real estate industry over the past few years. 
Today, Scott makes a compelling case for real estate as a better investment than stocks, crypto, or gold. Some specific real estate niches could see prices drop even more, making 2025 (and 2026) phenomenal opportunities to buy. Make your choice: tune into this episode and build wealth while others sit on the sidelines or wish you had done so in a few years. 

In This Episode We Cover:
Why residential real estate may actually be undervalued in 2025 
One sector of real estate with enormous buying opportunities nobody is noticing 
Scott’s MASSIVE real estate bet and why he’s selling much of his stock portfolio
Where interest rates will be in 2025 and whether they could rise even more 
Rental housing demand and the almost irrefutable case that rent prices will rise 
Why Scott believes Bitcoin will be going to $0 in the long term 
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
BiggerPockets Money Podcast
Rent Growth
Treasury Yields
Real Median Household Income
Median Sales Price of Houses
S&P 500 Ten-Year Returns vs. S&P 500 P/E
Join the Future of Real Estate Investing with Fundrise
Grab Scott’s Book, “Set for Life”
Find an Investor-Friendly Agent in Your Area
The Rational Investor’s Case Against Bitcoin
Connect with Scott
Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1071
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Can’t figure out how to buy multiple rental properties a year with your current income? Wondering whether you should get rid of your student loans before buying your next property? Maybe your market is too expensive, so is it time to go out of state instead? These are some of the most common questions we see on the BiggerPockets Forums, and today, we’re answering them so you can get to your next rental(s) faster, even if you’ve got debt and even if your home market is too expensive.
First, we’re explaining when and why we buy properties without ever seeing them in real life. Isn’t that a huge risk? Yes—if you do it the wrong way. Next, should you invest out-of-state if your home market is too expensive, and if you decide to do so, what should you know BEFORE buying a property well outside driving distance? Want to scale faster? We’re discussing purchasing multiple rental properties a year and when it’s time to grow your real estate portfolio.
Got student debt? You’re not alone! Henry had his student loans until recently and still heavily invested in real estate. But, if your interest rate crosses a certain threshold, we’d definitely recommend reconsidering real estate investing. Stay tuned; we’ll share when your debt is too much to invest.  
Join BiggerPockets Momentum 2025 to supercharge your investing this year!

In This Episode We Cover:
How to buy multiple rental properties a year and when it’s time to scale 
Paying off debt vs. investing and whether six-figure student loans are stopping you
Buying rentals sight unseen, the risks, and why we do it under certain circumstances
Out-of-state investing 101 and signs it’s time to leave your home market to invest elsewhere
Keeping vs. selling a negative cash-flowing rental property (and when to hold for equity)
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Grab Dave’s New Book, “Start with Strategy”
Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIG
Sign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This Year
Property Manager Finder
Ask Your Question on the BiggerPockets Forums
Connect with Henry
Connect with Dave

(00:46) Buy Rentals Sight Unseen?
(06:03) Out-of-State Investing 101
(10:59) Ask Us Questions LIVE!
(12:37) Buy 2 Rentals in 1 Year?
(16:12) Invest While in Debt?
(21:46) Keep Negative Cash Flow Property?
(27:03) Post Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1070
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Can you still achieve financial freedom with real estate investing? Around a decade ago, it was common knowledge that with a few rental properties, you could easily replace your income, retire early, and be fast-tracked to financial independence within just three to five years of investing. Is that possible anymore? How long will financial independence actually take if you start investing in real estate in 2025? And if you feel like you’re almost there, should you quit your job and dive head first into real estate?
We’ve got two financially free investors on the show, each taking different paths to get there. Dave kept his full-time W2 to pay for his more passive real estate investments, while Henry quit his job to buy rentals and flip houses full-time. Would they both be okay if they lost their “active” income today? Yes! But they STILL choose to work to build the dream life that goes far beyond basic financial freedom.
Today, they’re sharing how the financial freedom formula has changed, what you need to do to get on the path to financial independence/early retirement in 2025, and whether you should stay at your W2 while you build your rental portfolio or quit your job to pursue real estate full-time. The good news: financial freedom through real estate is still a significantly quicker route to retirement, but which path will you choose to get there?

In This Episode We Cover:
What “financial independence” really means and how long it will take for you to get there
The cash flow myth that most new real estate investors believe (this could hurt you later!)
Full-time real estate investing vs. keeping a nine-to-five and why you NEED “active” income to scale fast
What to know about full-time real estate investing BEFORE you quit your job 
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Grab Dave’s New Book, “Start with Strategy”
Find an Investor-Friendly Agent in Your Area
How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson
Connect with Henry
Connect with Dave



Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1069
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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Will mortgage rates remain above seven percent in 2025? Are we closer to a recession than most Americans realize? Why does it feel like this economic cycle of high rates and a struggling middle class will never end? The biggest question is: What do all these factors mean for real estate, and should you still be investing? We brought on the man who literally wrote the book on Recession-Proof Real Estate Investing to give his 2025 outlook.
J Scott has flipped over 500 homes, manages and owns thousands of rental units, and has been involved in tens of millions of dollars in real estate transactions. He started investing in 2008; he’s seen the worst of recessions and the highest of pricing peaks. We brought him back on the show as our industry expert to provide his time-tested take on what could happen in 2025 and share his economic framework for forecasting what’s coming next.
J says we’re long overdue for a recession—and the red flags are popping up more frequently. While signs of a global recession loom, J explains what this means for mortgage rates and home prices and why now might still be the time to invest.

In This Episode We Cover:
Why J believes we’re closer to a global recession than most people think
New Trump presidential policies that could have huge impacts on inflation (and mortgage rates)
Whether mortgage rates will stay in the seven percent range EVEN as the Fed lowers rates
The broken economic “cycle” we find ourselves in and the only way to fix it 
Could home prices correct/crash if mortgage rates finally do fall?
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
J's Newsletter
Principles: Life and Work by Ray Dalio
Join the Future of Real Estate Investing with Fundrise
Grab J’s Top Real Estate Investing Books
Find Investor-Friendly Lenders
Read the Latest Blog Posts from J
Connect with J
Connect with Dave



Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1068
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There is an easier way to invest in real estate in 2025. It doesn’t require a ton of money or experience; anyone can do it (even a complete beginner), and it’ll lead to you having more money, more passive income, and a bigger bank account. Successful real estate investors agree: this is a “cheat code” to start investing in real estate in 2025.
What are we talking about? It’s not short-term rentals or buying apartment complexes; it’s actually extremely simple—house hacking. Both Dave and Henry used this low-money down, high-impact real estate investing strategy to grow their portfolios to be worth multiple million dollars. It’s the BEST way for a beginner to get into the real estate investing game and allows you to buy properties with just a fraction of a regular down payment.
We’re so convinced that it’s the best bet for beginners that we’re bringing on the BiggerPockets Real Estate Podcast producer Ian Kay, a complete real estate beginner, to walk him through how to use this exact strategy to start his real estate portfolio. We’ll break down the numbers to show how one smart investment can fund your dream home and leave you tens of thousands richer. Ready to invest in 2025? Then don’t sleep on house hacking!

In This Episode We Cover:
The easiest, most beginner-friendly way to start investing in real estate in 2025
One simple investing mistake that could cost you $60K+ (and how to avoid it)
The steps you should start taking NOW to get your first investment property in 2025
How to analyze a house hack and crucial metrics to check BEFORE you buy
In analysis paralysis? This is what to do NOW to get out of it and get closer to your goals
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
BiggerPockets Deal Finder
Let Us Know What You Thought of the Show!
Grab the Book on House Hacking, “The House Hacking Strategy”
Find an Investor-Friendly Agent in Your Area
House Hacking 101: What It Is and How to Get Started
Connect with Ian
Connect with Henry
Connect with Dave

(00:00) Intro
(02:20) Want to Start Investing?
(04:54) What Do YOU Want to Achieve?
(08:23) House Hacking (Easiest First Investment)
(18:42) Analyzing a House Hack
(23:40) What to Do RIGHT NOW
(32:59) Stuck in Analysis Paralysis?
(34:13) Next Steps

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1067
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The opportunity coming for real estate investing in 2025 is almost unimaginable. A decade from now, if you buy right, you’ll be looking back thanking yourself for planting the seed of financial freedom, generational wealth, and an early retirement. This isn’t just hype or hope because we’re real estate investors—all the data points to one thing: real estate is the best investment of 2025 and will continue to be so throughout the next decade.
This show is a bit different. Dave has done months of research to give you the single strongest case for real estate investing in 2025 and beyond. Don’t believe real estate is the best place to park your money? Listen to this episode and see whether Dave gives the most convincing argument you’ve ever heard for buying investment property.
This new era is brimming with “upside,” so much so that we’re calling this the “Upside Era,” a new dawn for real estate investing that will lead you to financial freedom in fifteen years (or less), get you to your financial goals, and leave you better off than any of the other investments around, whether that’s stocks, bonds, or crypto.
Don’t delay. The “Upside Era” starts now. The only question is, will you be part of it?

In This Episode We Cover:
Why real estate is still the single greatest asset for achieving financial freedom
The reason why 2025 is a prime time for investing in real estate 
Whether the high cash flow and easy deals of the 2010s will ever return
Data pointing to home prices and rent prices rising well into the future 
Dave’s ten core principles to follow that will lead you to wealth in the “Upside Era”
The best resource on the planet to get free information on real estate investing 
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Grab Dave’s Book, “Start with Strategy”
Find an Investor-Friendly Agent in Your Area
Real Estate Investing For Beginners: How To Get Started
Connect with Dave
 

(00:00) Intro
(02:23) The Case for Real Estate
(03:11) 1. Financial Independence
(06:37) 2. Huge Demand for Housing
(08:31) 3. Market Stability
(09:24) 4. Income Replacement
(10:13) 5. Diverse Returns
(10:49) 6. Stock Market Hedge
(11:43) 7. Inflation Hedge
(12:25) 8. Tax Advantages
(12:55) 9. Valuable Service Provider
(13:46) “It’s Not as Good as Before!”
(17:19) The "Upside" Era Begins
(20:48) What to Know for 2025
(27:02) Thrive in the "Upside" Era


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1066
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Today, we’re releasing our 2025 housing market predictions, and let’s just say we’re feeling optimistic about the future. Many of you may have been waiting for a housing crash or correction. But where is it? In short, it never happened. Home prices kept climbing, rent prices finally stabilized, and mortgage rates stayed at eye-watering highs. What’s coming next for the 2025 housing market? Are things about to get better (or worse) for homebuyers and real estate investors?
This is when Dave takes out his crystal ball (federal housing data and spreadsheets) to predict what’s to come in the new year. He’s giving his full forecast on three crucial topics, home prices, mortgage rates, and rent growth, and explaining his predictions and reasoning behind them. If Dave is correct, it may be a good year for real estate investing. Don’t believe us? Stick around!
Coming up after this episode, Dave is piggybacking off of these predictions to show you why real estate could be the single greatest investment in the coming years. If you’re on the fence about buying a home or investing for the first time, this data-driven episode could get you out of analysis paralysis!

In This Episode We Cover:
Why 2025 is already shaping up to be an excellent year for real estate investors and homeowners
Dave’s 2025 mortgage rate range and whether we’ll see some interest rate relief
The reason why home prices could still grow even with so many potential homebuyers sitting on the sidelines
Are foreclosures and mortgage delinquencies a threat to the housing market?
Why 2026 could be the year everything changes for rent prices (and what to expect in 2025)
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Get Ready to Invest with Dave’s Book “Start with Strategy”
Find an Investor-Friendly Agent in Your Area
How to Invest in Real Estate in 2025 (with NO Experience)
Connect with Dave

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1065
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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Welcome to the 2025 housing market! It’s a new year, and if you’re ready to invest more, get closer to financial independence, or finally find and buy your first home, we’re here to help. 

We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why!

We’re recapping our 2024 progress and giving you tips on what to buy based on your goals. Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game. If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time.

Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! 

In This Episode We Cover
The easiest way for beginners to start investing in real estate in 2025
Key economic indicators we’re watching during the 2025 housing market 
What strategies we’re switching up in 2025—and what won’t work this year
How to invest based on your goals and whether you should prioritize active vs. passive income
Our 2025 goals: how many properties we’ll buy, flip, or test with new strategies
And So Much More!

Links
The House Flipping Framework 
Scaling Smart
Start with Strategy



Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1064
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Got a late start on your retirement planning? Do you feel like you missed the boat and won’t be able to retire on your timeline? We’ve got good news for you in today’s episode—it’s never too late for retirement (and even EARLY retirement!). No matter what age you’re at, how much you have in the bank, and how much you make, you CAN retire on your terms, and our guests will prove it. The question is, will you follow through on their time-tested system for reaching retirement?
Bill Yount and Jackie Cummings Koski from the Catching Up to FI podcast are here to show you that whatever your situation is, you can get on track for retirement. Bill and Jackie both were late starters, only taking retirement seriously decades after starting their working careers. Even with their “late start,” Bill and Jackie were able to massively multiply their net worths and retirement savings, allowing them to reach financial freedom on their terms.
In today’s show, Bill and Jackie walk through the four steps that anyone can take to begin saving for retirement. You don’t need ANY money to take these initial steps, but doing so will change your entire financial future. Stick around for our next show as we get into the nitty gritty of retirement planning and put you directly on the path to retirement or early retirement!

In This Episode We Cover:
The four steps anyone can take to reach retirement
Why it’s okay to be a “late starter,” especially when it comes to retirement planning
How to do a “backward budget” to quickly and easily see how much you’re spending 
Why you MUST look back on the financial “lessons” you’ve learned to build wealth now!
Getting clear on your goals and what you want to achieve so you can reach retirement
The “trifecta of mistakes” Bill made and how even that didn’t stop his financial freedom journey!
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
The BiggerPockets Money Podcast
BiggerPockets Money 314 - Finance Friday: How to Get to Early Retirement Even Faster
BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!) w/Bill Yount and Becky Heptig
BiggerPockets Money 527 - Retired at 49 on an Average Salary after Getting a “Late Start” to FIRE w/Jackie Cummings Koski
Catching Up to FI
Reach Financial Independence Faster with "Set for Life"
Find an Investor-Friendly Agent in Your Area
BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!)
Connect with Scott
Connect with Mindy

(00:00) Intro
(03:02) Late Start, Early Retirement
(07:49) Before You Can Start
(09:55) “Backwards” Budgeting
(19:12) Make a Plan
(30:41) Acknowledge Your “Lessons”
(35:20) Stick Around!


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1063
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It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well!
Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! 

In This Episode We Cover:
Updated 2025 housing market predictions and where home prices and mortgage rates could go
How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!)
Real estate markets that have the most investment potential in 2025 
Why we’re all becoming bullish on lower mortgage rates, EVEN with persistent inflation 
Did we ever actually make it into recession territory in 2024? 
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Check Out "On the Market"
Grab James’ New Book “The House Flipping Framework”
Find Investor-Friendly Lenders
2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities
Connect with Dave and Our Panel of Expert Guests:
Dave Meyer
Henry Washington
James Dainard
Kathy Fettke

(00:00) Intro
(04:10) Zillow's 2024 Predictions
(13:05) Home Prices
(16:06) Recession Risk
(17:56) Mortgage Rates
(18:56) Best Markets to Invest
(21:36) 2025 Home Price Predictions
(25:19) 2025 Mortgage Rate Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1062
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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