BiggerPockets Real Estate Podcast
Business:Investing
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!
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Books Mentioned in the Show
SOLD by David Greene
SKILL by David Greene
SCALE by David Greene
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-782
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765: Seeing Greene: Out-of-State Mistakes, “Low Risk” Real Estate, & False Cash Flow
764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait
763: Barbara Corcoran's Wild Real Estate Tactics You'll Want to Repeat
762: The US Dollar’s Downfall, Flipping vs. BRRRING, and Where to Find Cash Flow
761: From Sleeping on the Floor to Making $80K/Month (in 2 Years!) w/Yamundow Camara
760: BiggerNews: Buyers Jump Back In as Real Estate Competition Heats Up
759: Seeing Greene: The ONE Factor That'll Make or Break Your Rental Property
758: Real Estate vs. Stocks: Which Will Make YOU More Money in 2023? w/Trey Lockerbie
757: $0 Down Deals, 3% Interest Rates, and Insane Property Purchases w/Pace Morby
756: Seeing Greene: How to “Supercharge” Your Rental Property's Cash Flow in 2023
755: How a Barber Went from $12 Clips to Six-Figure Cash Flow in 10 Years w/Rick Morin
754: EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023
753: Seeing Greene: CPAs Answer YOUR Top Investing and Tax Questions
752: Why I Sold a Rental Property Portfolio That Took Me YEARS to Build w/Lee Yoder
751: Why the BRRRR Method WON'T Be the Same in 2023
750: Seeing Greene: Don't Fall For the "Quick Cash Flow" Properties
749: From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!) w/Josh Janus
748: From $5/Hour to Five-Figure Rent Checks Thanks to "Guaranteed" Rent w/Anne Curry
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