Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with D...
Is This the Most Beginner-Friendly Way to Start Investing?
Most people get turnkey real estate investing all wrong. They either think it’s a completely hands-off investment like stocks or that all turnkey real estate companies offer the same product. Both of these assumptions can be dangerous when investing in what should be an easier, less stressful, and far more scalable type of real estate investment—turnkey rentals. If you invest in truly turnkey real estate, you’ll get all the benefits of regular rental properties with MANY of the headaches already dealt with. What do we mean?
We’re bringing back repeat guest Chris Clothier, turnkey provider and investor for over twenty years, to explain exactly what turnkey real estate is and whether or not it’s right for you. Chris describes the danger of thinking that every “turnkey” company is actually turnkey and signs that the company you’re dealing with could be selling you a bad deal. Plus, who should buy turnkey in the first place? Is it only for beginners, or do experienced investors move their money into these properties, too?
How much money do turnkey properties make? We’re sharing those stats and the two questions you MUST ask a turnkey company before you work with them!
In This Episode We Cover:
Turnkey real estate investing explained and why so many investors get this definition wrong
How much turnkey rentals can make you in 2025 (actual return estimates)
The two questions you MUST ask a turnkey provider to prove they’re legit
Signs of a good turnkey real estate deal and why you should NOT buy properties under a certain price point
Why turnkey real estate investing isn’t just for beginners
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
BiggerPockets Real Estate 26 - Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier
BiggerPockets Real Estate 122 - 5 Myths Holding Investors Back From Real Estate Greatness with Chris Clothier
BiggerPockets Real Estate 224 - Building a Process to Buy 17 Deals a Week with Chris Clothier
BiggerPockets Real Estate 380 - Profitable Landlording in a Crisis with Mike Butler, Chris Clothier, and Dave Poeppelmeier
Grab Dave’s New Book, “Start with Strategy”
Property Manager Finder
Turnkey Real Estate Investing: Complete Guide
Connect with Chris
Connect with Dave
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1049
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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39:24
Expert Investor Shares How He Made $100K with Just One Property
Would you spend thirty hours finding a deal if it could make you over $100,000? Of course you would! And that’s exactly what David Lecko, CEO of DealMachine, suggests you do to find better real estate deals in 2025. After hundreds of calls and mailers, an extensive rehab, and two appraisals, he walked into six-figure equity on a single rental property!
Welcome back to the BiggerPockets Real Estate podcast! David has achieved financial freedom by building a real estate portfolio of nineteen cash-flowing, appreciating properties. His big secret? Buying the same property over and over in a market he knows inside out—Indianapolis, Indiana. He’ll scour tax-delinquent lists for distressed properties that fit his buy box and use the BRRRR method (buy, rehab, rent, refinance, repeat) to snowball into his next deal.
But now that David has moved to Austin, Texas, he faces a brand-new challenge—investing in real estate out of state. While most investors would hire a property manager to oversee their properties, David self-manages from hundreds of miles away and employs an assistant to be his eyes and ears. Tune in as David shares all of the details on his latest deal and the strategies investors can use to gain a competitive edge in 2025!
In This Episode We Cover:
The strategy David used to make $100,000 on ONE real estate deal
How to self-manage your rental properties (from hundreds of miles away)
Why the BRRRR method (buy, rehab, rent, refinance, repeat) still works today
How to scale faster and make higher returns by staying within your buy box
The midwestern markets that allow you to earn cash flow and appreciation
Why you shouldn’t wait for interest rates to drop to buy your next property
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Buy the Book “Rich Dad Poor Dad”
Find an Investor-Friendly Agent in Your Area
From Burnt-Out Tech Worker to $95K in Passive Income in 2 Years
Connect with David
Connect with Dave
(00:00) Intro
(02:32) Tax-Delinquent Properties
(07:46) $100K from ONE Deal
(13:10) David’s Buy Box
(17:12) Self-Managing (Out of State!)
(23:23) David’s Plans for 2025
(27:31) HUGE Market Opportunities
(31:42) Connect with David!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1048
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
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39:25
Can Trump Push Jerome Powell Out of the Fed? w/WSJ's Nick Timiraos
Has the Federal Reserve gone too far? Many Americans are critical of the Fed’s move to raise interest rates sharply, pause for years, and then slowly start implementing rate cuts. The arguably most prominent critic of the Fed? President-Elect Donald Trump, who, shortly after nominating the current Fed chair, Jerome Powell, reversed his opinion on whether Powell was the right person for the job.
Now, with Trump coming back to the White House, Powell’s job hangs in jeopardy—or does it? Can a President fire the Fed chair? Does the President have the authority to influence how the Fed operates? What would happen if Trump decided to go after Powell and request his resignation? Nick Timiraos, reporter at The Wall Street Journal and Federal Reserve expert, is on to answer these questions.
Nick gives us the latest update on rate cuts, where the Fed is headed, how the future of the Fed looks with Trump back in office, and why some politicians champion “Fed Independence,” while others argue that Fed power has overstepped its bounds. Are Trump and Powell more aligned than they think, and is this government drama all talk? We’re getting Nick’s expert viewpoint on it all.
In This Episode We Cover:
Why “Fed Independence” could actually be a crucial piece to keeping the economy stable
Whether or not Trump has the authority to fire and replace a Fed chair
Future rate cuts, inflation concerns, and the Fed’s latest “signal” on rates
Powell’s simple response when asked if he would resign because of Trump’s request
Why the Fed does NOT have to answer to the President (and is this a good thing?)
Trump’s proposed tax and tariff policies and why they could challenge the Fed
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Nick’s WSJ Articles
Grab Dave’s New Book, “Start with Strategy”
Find Investor-Friendly Lenders
Trump May Consider Shaking Up the Federal Reserve If Elected—Here’s What That Could Look Like
Connect with Dave
(00:00) Intro
(01:52) Latest Fed Meeting Update
(03:04) More Rate Cuts Coming?
(05:07) Can Trump Change the Fed?
(08:45) Is the Fed Above the Law?
(16:42) Can Trump Fire Powell?
(18:53) What Happens Next?
(24:52) Trump's Tricky Policies
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1047
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
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34:47
Landlords, What Are Your Wildest Tenant Stories?
Every landlord has some wild tenant stories. We’re sharing the ones you probably won’t believe in this episode. And we’re not just talking about a bad eviction or an upstairs neighbor blasting loud music. Instead, we’re talking about identity theft, living room toilets (this actually happened), random people sleeping on YOUR couch, and the mystery of the magically appearing staircase.
Being a landlord isn’t always easy, but some stories make real estate investing truly worth it. We’ve seen some of our tenants turn their lives around completely, all by having a safe place to live. Even with all the chaos, broken toilets, non-paying tenants, and occasional hard conversations, being a landlord can be pretty rewarding.
Do you have a tenant story you want to share? Drop it in the BiggerPockets Forums!
In This Episode We Cover:
Why you MUST have a (secured) separate entrance when house hacking
The reason Henry now double-checks the identity of his tenants before signing a lease with them
Turning bad tenants into good friends by taking shots with them
What to do when your tenants turn your living room into a bathroom (this one was pretty bad)
Why taking a chance on a tenant isn’t always a bad thing and how being a great landlord can turn people’s lives around
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Landlord the Right Way with “The Book on Managing Rental Properties”
Property Manager Finder
12 Tenant Nightmare Stories I Swear Are Actually True
Connect with Henry
Connect with Dave
(00:00) Who's In My House?!
(05:20) My Tenant Isn't Really My Tenant...
(12:04) Taking Shots with My Tenant
(16:39) They Did WHAT in the Living Room?
(25:53) The Tenants Everyone Wants
(29:35) Tenant Turning His Life Around
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1046
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
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41:12
Financial Freedom in 8 Years by Investing for Equity (NOT Cash Flow)
What if, within ten years, you could reach financial freedom? Imagine it. You may have a high-stress job where you’re working long hours and making good money but feeling burnout creeping in. You NEED an exit strategy if you’re going to keep up with this lifestyle because before long, you may need an early retirement. That’s precisely how Benjamin Aaker, emergency medicine physician, felt.
Benjamin loves his work, and he’s still working today, but now, he has the option to leave when the burnout gets too much. After becoming an “accidental landlord,” Benjamin quickly saw the benefits of investing in real estate. He bought a few more houses and a multifamily building, then went bigger and bigger. Now, he’s equity-rich with a real estate portfolio that can support his lifestyle if he decides not to work.
Even if you’re not stressed out at your job (yet), Benjamin encourages you to financially prepare to exit your career, if just for peace of mind. He talks about how you can scale smarter, faster, and better with partners, why sometimes you need to get dirty to succeed in real estate, and how to juggle investing with your full-time job.
In This Episode We Cover:
How to scale your real estate portfolio fast and reach financial freedom
The crucial mistake Benjamin made when he bought his first big property
Determining your financial independence timeline and when you want to be able to quit
Appreciation vs. cash flow and the surprising choice Benjamin made to reach financial independence faster
Vetting a real estate partner BEFORE you invest and red flags to look for
Syndication investing for beginners and using other people’s money to buy real estate
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Invest in Turnkey Properties with REI Nation
Grab “The Intention Journal”
Find an Investor-Friendly Agent in Your Area
How to Build a Real Estate Portfolio & Quickly Scale Your Investments
Connect with Benjamin
Connect with Dave
(00:00) Intro
(00:48) Got a High-Stress Job?
(02:30) The “Accidental” Landlord
(03:54) Becoming Work-OPTIONAL
(10:22) Equity Over Cash Flow
(14:31) Multifamily and BIG Syndication Mistakes
(23:55) A Really Crappy Problem
(27:30) Finding (and Vetting) Partners
(30:35) WAY Bigger Deals
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1045
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
Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with Dave Meyer, the Head of Real Estate at BiggerPockets, as he uncovers tried and true tactics and shares candid conversations with real estate investors who are building wealth in today’s market. Join Dave to walk through deals that went right (and wrong) and learn the strategies you can deploy—start growing your side income today to take control of your financial future.
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