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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Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:
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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
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805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart
804: What to Do TODAY to Instantly Find More Real Estate Deals
803: Building a $1.8M Real Estate Portfolio by Outsourcing Your “Weaknesses” w/Andy Gil
802: Codie Sanchez: Passive Income is a Scam, Do This Instead
801: The Secret to Building a Rental Portfolio With Limited Time, Money, or Experience
800: Million-Dollar Advice from Millionaire Investors Codie Sanchez, Alex and Leila Hormozi, and More!
799: 3 Steps to Building a Simple, Safe, "No Bank" Rental Property Portfolio w/Cody Davis and Christian Osgood
798: Leila and Alex Hormozi’s Unbelievably Simple Investing Advice
797: 7 Rentals in 3 Years by Breaking All the Real Estate Rules w/Jenni Vega
796: 2024 Housing Market Predictions and 3 Underrated Real Estate Markets to Watch
795: Making $10K/Month with a “Small and Mighty” Rental Portfolio w/Chad “Coach” Carson
BEFORE You Buy: How to Know Your Market (and Property) Will Make it In 2023 w/Dave Meyer
794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know
793: How to Analyze a Rental Property as a COMPLETE Beginner
792.5: How to Wholesale Real Estate (FREE Audiobook Chapter)
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791: 40 Rental Units and the “Desperate” Deals That Are Waiting for You w/Nate Shields and Troy Zimmerman
790: BiggerNews: How to Find 0% Interest and Instant Cash Flow Deals in 2023
789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K
788: From $26K/Year Paycheck to $70K/MONTH Rent Checks w/Lamon Woods
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