782: Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 22 June 2023

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The real estate market is crumbling…or is it? According to experienced investors like Jessie Rodriguez, now is one of the best times in recent memory to start building wealth. As a multi-decade house-flipping veteran, Jessie understands how the housing market works. He lost his business, his home, and the majority of his wealth in 2007 but has made it out not only surviving but thriving with a house-flipping business that prints cash. And he knows something that you probably don’t. The past few years have been a bloodbath for flippers. With home prices correcting and buyers fleeing the market, many flippers from years back aren’t around today. But, the tide has started to turn, and buyers are getting back into bidding wars, willing to spend good money on homes that fit their remote-first lifestyle. Jessie and his team are HEAVILY capitalizing on this, and more good news may be on the way. In this episode, Jessie talks about rebuilding his business after losing it all in 2007, why now may be one of the BEST times to start house flipping, key indicators of a market shift that most investors miss, the biggest myth in today’s real estate space, and how Jessie’s team is redeveloping a historic building and turning it into a passive income stream that offers millions in profits. The best part? You can copy Jessie’s strategy to build your own wealth in 2023, so don’t skip this! In This Episode We Cover: Rebuilding your wealth after losing EVERYTHING in a financial crash The biggest myth of 2023 real estate and why most investors are wasting time Signs of a housing market shift and the metrics that predict where we’re headed Finding a mentor and how the right one can put you decades beyond the competition Redeveloping historic real estate and the unusual deals that are making Jessie a fortune Building a seven-figure passive income stream, EVEN if you’re new to rentals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Watch James on the “On The Market” YouTube Channel Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify Apple Podcasts BiggerPockets James' BiggerPockets James' Instagram James' Website Books Mentioned in the Show SOLD by David Greene SKILL by David Greene SCALE by David Greene Connect with Jesse Jesse's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-782 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

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets Podcast, show, 782.
0:05.0	What's the biggest myth that you wanted to bunk
0:07.5	that's going on out there in the market today?
0:09.2	I keep hearing over and over again about how bad the market is,
0:12.1	how hard it is, it's not that hard.
0:14.2	Opportunity right now is better than it was been the last three years.
0:17.9	What's going on everyone?
0:18.8	This is David Green, your host of the Bigger Pockets Real Estate Podcasts,
0:22.6	not only the biggest, the baddest,
0:24.1	and the best real estate podcasts in the world,
0:26.3	but also the most relevant.
0:28.4	Every week we are bringing you guests,
0:30.3	how to's and answers that you need to make smart real estate decisions now
0:34.8	in the current market conditions,
0:36.6	because this market is changing faster than I've ever seen in my life.
0:41.0	Today I am joined by my co-host James Dainard,
0:43.6	also known as Jimmy D, also known as ABC,
0:46.9	a line that will make more sense if you listen all the way to the end of today's episode.
0:50.6	And if you want to hear where James made his first cameo appearance,
0:53.6	kind of like in a Marvel comic, right?
0:55.2	Wolverine first appeared in episode 48.
0:58.2	It was on a Bigger Pockets Real Estate Podcast episode 338.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.