180: Investors Bullish on Housing Once Again, Flipping to Take OFF w/Rick Sharga

On The Market

BiggerPockets

News, Investing, Business, Education

4.8 • 820 Ratings

🗓️ 18 January 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

The tide may have finally turned for real estate investing and the housing market. After carefully tracking sentiment among small investors, Rick Sharga’s team at CJ Patrick Company has seen a BIG boost in optimism over the last quarter. It seems that betting on the housing market is back as improving investor sentiment and confidence pushes more and more people to go after rental property investing and house flipping. But which strategies will have the most explosive growth? We sat down to break the story with Rick on the newest Investor Sentiment Survey, what investors are feeling the most bullish about in the 2024 housing market, and the biggest concern investors have on their minds. And the data Rick shares isn’t just shown in the survey—it’s mirroring today’s market conditions. In James’ market alone, investor demand has quadrupled recently, showing a STRONG resurgence in a specific type of real estate investing. We’ll walk through the new investor sentiment numbers, why house flipping activity could explode over the next year, one big risk hurting rental property investors, and where investing activity is pooling across the nation. In This Episode We Cover: Latest investor sentiment numbers and the one strategy that is about to have a BIG comeback The HUGE opportunity for rental property investing that most investors will miss How James made MORE money doing HALF as many flips in 2023 Low mortgage rate predictions and why investors need to get in BEFORE rates drop One serious hurdle that’s hurting rental property investors in 2024 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Hear Our Last Interview with Rick on BiggerNews Home Prices May Have Bottomed Says New “Investor Sentiment Survey” w/Rick Sharga ATTOM’s Home Flipping Report Book Mentioned in the Show Start with Strategy with Dave Meyer Connect with Rick: Rick's LinkedIn Rick's X/Twitter Rick's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-180 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, everyone, welcome to On the Market. I'm your host, Dave Meyer, today joined by James Dainerd.
0:13.2	Thank you for joining me today, James. It is a very exciting day for me. My book comes out today.
0:19.3	And I, you know what? I just got it today. I opened it up.
0:23.1	And? Well, I got to, I got to read it first. I can't believe you didn't cancel this recording to
0:28.9	spend all day reading my book. I would like you to read it aloud to me at night if we can
0:33.7	arrange that time. That's actually what this podcast is going to be. I'm just going to read the entire book in real time. And 14 hours later, you'll all have the full book. Well, it's freezing
0:45.3	across America, so you could do a fireside chat and get things warmed up. Yeah, exactly. But this is a
0:51.1	perfect book for what we're diving into. We're going to talk to Rick,
0:54.3	who's going to go over investor sediment and how things are changing and how the investment's
0:58.2	different. And, you know, for those who don't know, Dave's book really helps you give clarity
1:03.0	in what you're trying to do and trying to invest. And it is so key as an investor to have that
1:08.1	clarity, especially in today's market. Well, thanks, man.
1:11.1	I appreciate that.
1:12.1	Yeah, the book, if you haven't heard about it, I'll just give a quick plug while we're
1:17.0	here.
1:17.6	But it's called Start with Strategy, and it basically helps investors, whether you're just
1:23.2	starting or you have experience, come up with your own strategy.
1:26.3	So if you think the market's going to be bad or good or you have a, come up with your own strategy. So if you think the market's
1:28.3	going to be bad or good or you have a little money or a lot of money, whatever it is,
1:33.1	you can come up with a strategy that works for you. And this book is basically a step-by-step
1:38.1	process to help you figure out what approach to real estate is going to be best for you and your
1:43.3	long-term goals.
	...

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