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On The Market

240: BiggerPockets Real Estate Episode 1,000: Real Estate Is Changing, and So Is BiggerPockets

On The Market

BiggerPockets

News, Education, Business, Investing

4.8858 Ratings

🗓️ 5 August 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

For the past 999 episodes of the BiggerPockets Real Estate Podcast, we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013, it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPockets Real Estate Podcast. We’re getting back to the basics, sharing investor strategies that work in today’s market and showcasing the data investors need to know now so they can reach financial freedom faster. Our first guest on this new wealth-building journey is Scott Trench, CEO of BiggerPockets and rental property investor. Today, we ask Scott, “Is financial freedom still possible through real estate, and if so, how do investors achieve it in this housing market?” Scott shares what both beginner and experienced investors must do now to reach financial freedom, who should even be investing in the first place, and the best beginner investment EVERYONE listening to this should be taking full advantage of.  Ready to start building your path to financial freedom today? The BiggerPockets Real Estate Podcast is the best place to be!  We also want to thank David Greene and Rob Abasolo for their massive contributions—David Greene for nearly 7 years as a host and co-host of the podcast, and Rob Abasolo for many of the past 250 episodes. They did a fantastic job building on the foundations poured by our Founder, Josh Dorkin, and Brandon Turner and continued the work of changing millions of lives. While we had hoped that Rob and David would continue to stay on as hosts in this rotational capacity, we completely understand their desire to move on to their next adventures, and wish them success in those endeavors, knowing that they will continue to change many lives with their thought leadership. We wish them the best of luck in their next endeavors. In This Episode We Cover The new BiggerPockets Real Estate Podcast and what we’re changing starting today Whether you can still achieve financial freedom through real estate in 2024 The best beginner strategy to start building wealth, EVEN with little money Who should begin investing in real estate and whether you have what it takes The problem with “passive income” and why hands-on rentals beat it Investing in affordable markets and who should start with out-of-state investing How you can become a millionaire without having a huge rental portfolio And So Much More! Links from the Show Find Your Next Investing Market with BiggerPockets Market Finder Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Dave and Scott at BPCON2024 in Cancun! BiggerPockets Real Estate Podcast 1 - Building a Successful House Flipping Business and Losing Millions with Marty Boardman Dave's BiggerPockets Profile Scott's BiggerPockets Profile How the “Middle-Class Trap” Stops Your Early Retirement  Lend to Live  Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here’s Why.  On the Market Podcast  Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why. Grab Scott’s Book, “Set for Life” Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-240 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We spend a lot of time on this show talking to experts and analyzing markets in order to provide

0:05.5

more context that we think is valuable for you as an investor today. Today's episode steps back

0:11.6

and provides even broader context for the market we're in and the question that hovers underneath

0:17.0

what drives a lot of our investing. On today's show, how has the real estate market

0:22.0

changed over the last 10 years? And is financial freedom still even possible through real

0:27.9

estate today? Welcome to The Bigger Pockets on the Market podcast. I'm Kathy Fedke, and I'm here with some of my favorite people, some of my on-the-market friends, James Dainard and Henry Washington.

0:45.2

Welcome.

0:45.9

What's up, Kathy?

0:46.8

What's going on, guys?

0:47.9

Well, I don't know about you, but I am personally excited for today's episode because it's a crossover from the real estate podcast and it's a major milestone

0:55.5

for bigger pockets and for our co-host the brilliant Dave Meyer. That is right. It is the

1:02.6

1,000th episode of the real estate podcast and it's Dave Meyer's first episode as the official

1:10.6

full-time host of the real estate podcast.

1:13.8

So congrats, Dave.

1:15.4

Yeah.

1:16.4

Woo-hoo.

1:17.1

So well deserved.

1:18.4

Well, that is right.

1:19.6

That sounds great.

1:21.1

But all the people want to know is Dave abandoning us.

1:24.0

And the answer is no, do not worry.

1:27.3

Dave Meyer will still be the host of on the market

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