Episode #790
Find an investor-friendly agent in your market today: http://biggerpockets.com/agentmatch
Want a zero percent interest rate and a paid-off seven-figure property? What about a quick fix and flip that’ll net you six figures in profits? Or, maybe buy an office and make nearly half a million dollars while having your own workplace? It’s 2023, and the housing market has turned most real estate investors off. Everyone thinks that deals are impossible to find, but funnily enough, we keep hearing stories about real estate investors making massive profits while residential buyers cower in fear. So, where can you find these deals?
We’ve brought back Kim Meredith-Hampton and Victor Steffen from the Tampa/St. Petersburg, Florida, area and the Dallas-Fort Worth, Texas, markets, respectively. Plus, Matthew Nicklin from southern seller’s market, Atlanta, Georgia, joins us as we review real deals from all three markets to show you that no matter the housing market cycle, you can STILL make money in real estate (even in 2023!)
We’ll go over six individual deals, from turnkey medium-term rentals selling at zero percent mortgage rates (with seller financing) to easy, instant cash flow deals with perfect tenants in place. But maybe you’re not a buy and hold investor. If so, a couple of flip deals are brought on to show that six-figure profit potential still exists for the right properties. And, we’ll deep dive into one of the agent’s commercial real estate deals that made nearly half a million dollars in equity alone!
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Check Out the BiggerPockets Articles on Atlanta, Dallas, and Tampa:
Atlanta: https://www.biggerpockets.com/blog/atlanta-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
Dallas: https://www.biggerpockets.com/blog/dallas-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
Tampa: https://www.biggerpockets.com/blog/tampa-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Kim:
BiggerPockets: https://www.biggerpockets.com/users/kimhampton?utm_source=youtube&utm_medium=description&utm_campaign=none
Website: https://www.hamptonrea.com/
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Connect with Matthew:
BiggerPockets: https://www.biggerpockets.com/users/matthewn57?utm_source=youtube&utm_medium=description&utm_campaign=none
Website: https://listtosellatl.com/
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Connect with Victor:
BiggerPockets: https://www.biggerpockets.com/users/victorsteffen?utm_source=youtube&utm_medium=description&utm_campaign=none
Website: https://victorsteffen.com/
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Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Rob (Robuilt):
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
YouTube: https://www.youtube.com/c/Robuilt
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/
Show notes at: https://www.biggerpockets.com/blog/real-estate-790?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
02:28 Quick Tip
05:49 The South’s Seller’s Market
14:45 Two Hot Markets Return
16:18 Seller Financing a 0% Interest Deal
20:42 A Discounted DSCR Rental
26:30 A Simple Six-Figure Flip
37:06 Buying Instant Cash Flow
40:39 Double the Payday on a Quick Flip
46:26 Making $400K “Office Hacking”
54:45 Connect with the Agents!