BiggerPockets Real Estate Podcast
BiggerPockets
On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons. Through in-depth conversations, 1-on-1 listener coaching calls, and news analysis, you’ll get a breakdown of real strategies that work for different niches and experience levels. Tune into the #1 real estate investing podcast every Monday, Wednesday, and Friday.
Categories: Education
Listen to the last episode:
How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too. In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!). Want to know how to find these older homes with wealth-building potential? Stick around because DealMachine gives us a bonus segment on the five ways to find a motivated seller in ANY market! In This Episode We Cover: Why you cannot overlook rehabbing older homes and outdated properties The two things that tell Lisa an older home ISN’T worth investing in Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high DealMachine’s five ways to find motivated sellers in any market 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 Join BiggerPockets for FREE 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 Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry’s Instagram BiggerPockets' Instagram 8 Things to Look for When Rehabbing Older Homes Pros and Cons of Old vs. New Rentals Connect with Lisa: Lisa's BiggerPockets Profile Lisa's Facebook Lisa's Instagram Lisa's LinkedIn Lisa's Website (00:00) Intro (01:31) Investing in OLD Houses (05:22) Signs of a Solid Property (10:18) $100K Rehab Gone WRONG (16:06) How to Avoid Bad Deals (19:42) When to Hold and When to Sell (23:54) Tenant Retention 101 (34:27) 5 Ways to Find Motivated Sellers Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-942 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
Previous episodes
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1339 - 942: Building Wealth with OLD Homes and How to Keep Tenants for Longer w/Lisa Field Moore Wed, 24 Apr 2024
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1338 - 941: Seeing Greene: Are Home Warranties Worth It & When to Pay Off Debt vs. Invest? Tue, 23 Apr 2024
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1337 - 940: Crucial Questions to Ask an Agent and How to Negotiate Commissions w/James Dainard Mon, 22 Apr 2024
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1336 - 939: BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan Fri, 19 Apr 2024
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1335 - 938: Scaling from 0 to 20+ Doors Using These "Self-Management" Tools & Tips w/Amelia McGee and Grace Gudenkauf Wed, 17 Apr 2024
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1334 - 937: Seeing Greene: Paying Off Rentals, Estimating Crime, & Replacing Your Salary Tue, 16 Apr 2024
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1333 - 936: 4 Ways to Start Investing in Real Estate with NO or LOW Money Mon, 15 Apr 2024
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1332 - 935: BiggerNews: Investing with High Rates, Stubborn Inflation, & Low Supply w/Kathy Fettke Fri, 12 Apr 2024
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1331 - 934: How to Pay Less Taxes by Buying Real Estate (1 Write-Off You’re Overlooking) w/Brandon Hall Thu, 11 Apr 2024
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1330 - 933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike Wed, 10 Apr 2024
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1329 - 932: Seeing Greene: When NOT to Build an ADU and How to Invest $300K Tue, 09 Apr 2024
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1328 - 931: How to Build a Real Estate Portfolio from Scratch in 2024 Mon, 08 Apr 2024
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1327 - 930: Agents React to NAR Lawsuit Commission Change Fri, 05 Apr 2024
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1326 - 929: Spring Cleaning: Why We’re Selling Off Parts of Our Rental Portfolios Thu, 04 Apr 2024
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1325 - 928: 124 Units in 4 Years by Only Investing in Small Towns and Tiny Markets w/Dylan Osmon Wed, 03 Apr 2024
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1324 - 927: Seeing Greene: Refi vs. “Recast,” Tax-Free Equity, & When to Cut Your Losses Tue, 02 Apr 2024
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1323 - 926: 6 Tips to Grow Your Real Estate Portfolio While Working 9-5 Mon, 01 Apr 2024
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1322 - 925: BiggerNews: Housing Inventory Up 24%, Are We Returning to “Normal”? w/Mike Simonsen Fri, 29 Mar 2024
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1321 - 924: Raising Private Money 101: Beginner Steps to Raise Your First $1,000,000 Thu, 28 Mar 2024
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1320 - 923: From No Savings to Building 60 Houses in 5 Years! w/Ayesha and Kevan Shelton Wed, 27 Mar 2024
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1319 - 922: Seeing Greene: Signs It’s Time to STOP Investing in Real Estate Tue, 26 Mar 2024
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1318 - 921: How to Get More Airbnb Bookings This Spring and Summer Break Mon, 25 Mar 2024
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1317 - 920: Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever w/The New York Times’ Debra Kamin Fri, 22 Mar 2024
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1316 - 919: How to Use Real Estate to Quit the 9-5 Grind Thu, 21 Mar 2024
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1315 - 918: Creating Their Own Demand By Ditching the "Cookie-Cutter Flips" w/George and Heather Bassett Wed, 20 Mar 2024
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1314 - 917: Seeing Greene: Can I Escape the Rat Race with Just $70K? Tue, 19 Mar 2024
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1313 - 916: Crucial Contractor Tips to Avoid Renovation Disaster w/‘Rico to the Rescue’ Mon, 18 Mar 2024
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1312 - How to Get an Off-Market Seller on YOUR Side (+Most Common Objections) W/DealMachine Sat, 16 Mar 2024
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1311 - 915: BiggerNews: Why Mortgage Rates AREN’T Falling w/Caeli Ridge Fri, 15 Mar 2024
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1310 - 914: Deals We’re Doing: Rob’s Pink Pickle and How David Made $500K on ONE House914: Thu, 14 Mar 2024
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1309 - 913: 150+ Deals in 3 Years and Why You DON’T Want to Be a Landlord w/Don'nell Greer Wed, 13 Mar 2024
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1308 - 912: Seeing Greene: Paying Off Rentals, Partnerships Splits, & Using Home Equity Tue, 12 Mar 2024
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1307 - 911: The “Value-Add” Playbook: How to Boost Equity and Bring in MORE Cash Flow Mon, 11 Mar 2024
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1306 - 910: Zillow’s “Trends Expert” on How to Sell Your Home Faster (and For More!) w/Amanda Pendleton Fri, 08 Mar 2024
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1305 - 909: 6 Expert Tips for Out-of-State Real Estate Investing Thu, 07 Mar 2024
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1304 - 908: $400,000/Year From One Unique Rental Property w/Amanda and David Fornelli Wed, 06 Mar 2024
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1303 - 907: Seeing Greene: $100K In Equity But NO Cash Flow, Should I Sell? Tue, 05 Mar 2024
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1302 - 906: How to Become a Millionaire Through Real Estate Investing (Beginners!) Mon, 04 Mar 2024
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1301 - 905: Fannie Mae: Multifamily Is STILL Undersupplied, Rent Growth Likely w/Kim Betancourt Fri, 01 Mar 2024
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1300 - 904: Does the BRRRR Method Still Work in 2024? Thu, 29 Feb 2024
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1299 - 903: 120 Rentals in 3 Years by Buying Multifamily During a BAD Market w/Brian Adamson Wed, 28 Feb 2024
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1298 - 902: Seeing Greene: Investing WITHOUT Burning Out and What We’d Do With $1M Tue, 27 Feb 2024
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1297 - 901: The 6 Beginner Steps to Take Before Investing in Real Estate Mon, 26 Feb 2024
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1296 - 900: The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) w/Brian Burke, J Scott, and Scott Trench Fri, 23 Feb 2024
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1295 - 899: The Renovations That’ll Instantly Increase Your Home Value (Part 2) w/James Dainard and Jessie Rodriguez Thu, 22 Feb 2024
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1294 - 898: Making $175K in Instant Equity on Her First Real Estate Deal w/Lacey Russell and Sam Haack Wed, 21 Feb 2024
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1293 - 897: Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market Tue, 20 Feb 2024
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1292 - 896: The Renovations That’ll Instantly Increase Your Home Value (Part 1) w/James Dainard and Jessie Rodriguez Mon, 19 Feb 2024
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1291 - 895: BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs w/Natalie Ambrosio Preudhomme Fri, 16 Feb 2024
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1290 - 894: How to Buy a Rental Property in 90 Days (or Less!) Thu, 15 Feb 2024