BiggerPockets Money Podcast

Learn how to invest $10K-$100K, explore active and passive investment opportunities. Discover ways to get one-hundred percent financing for real estate deals and build a profitable business. Gain essential tax planning tips and strategies for maximizing returns. Also, hear about buying stinky properties to increase equity and promote BiggerPockets' free agent finder.

Financial fear is explored in this episode as the guest, a leading personal finance expert, discusses how fear can be leveraged to gain financial wisdom and create a brighter financial future. The nine most common flavors of fear are discussed, along with practical ways to use fear to practice gratitude in life.

Financial independence advocate Mark Trautman shares his journey to early retirement, including maximizing 401(k) contributions and implementing Roth conversion strategies. He discusses enjoying the journey to FIRE, managing finances after the death of a spouse, minimizing tax liability, and the concept of a 'fun bucket' account for guilt-free indulgences. The podcast also covers comparing financial progress, managing taxes and health insurance in early retirement, teaching financial matters to children, and concerns with the 4% rule for retirement planning.

Matthew Kepnes, the travel expert who made travel his full-time job, shares secrets to travel hacking. He discusses the most cost-effective way to travel, the importance of getting a travel rewards credit card, and the cheapest countries/areas to stay in. He also talks about hostel horror stories, free activities, and the significance of travel insurance.

Learn about financial advisor fees and the types of advisors to hire. Find out if cashing out a 401(k) early is worth it, and when to use LLCs for real estate investing. They also discuss how to start investing in stocks with $1,000 and when it's time to sell or refinance a property.

J Money, a pioneering finance blogger, shares about the 'wife-FI' lifestyle and investing for the long haul. He also discusses the pros and cons of renting versus owning a home, paying off a home or keeping a mortgage, and how to invest during a potential economic downturn.

How to budget for surrogacy and future family costs, managing student loan payments and rental property, financial planning and cash accumulation, tips for financial future, and promoting sponsor ad.

Foreclosure can be a sensitive topic. After the embarrassment of falling behind on payments, there’s the fear of losing your home and having no place to live. Rather than preying on someone who feels helpless, there are ways for investors to profit while also helping the distressed seller.In this episode, we’re chatting with guest and long-time friend Laura Morby. As the daughter of a general contractorand a licensed agent by twenty-two years old, Laura was destined for a long career in real estate. Little did she know that her start as a hustling real estate agent would land her in the top 0.05% and help her become a full-time investor!Foreclosure is an issue that resonates deeply with Laura, as her father was foreclosed on after the impact of the 2008 housing market crash. Her message to homeowners? Avoid the foreclosure auction at all costs. As for investors, don’t rush into a short sale! There are all kinds of creative financing solutions that can ingratiate you with the seller and help you reach a win-win deal. Join Laura, Scott, and guest host James Dainard as they discuss the biggest pain pointshomeowners face today, current foreclosure rates amid a looming recession, and how to properly vet a real estate agent before working together!In This Episode We CoverCreative financing options for homeowners facing foreclosureHow investors can provide a valuable service to distressed homeownersThe current foreclosure market and how investors are being affectedThe most common pain points homeowners face in foreclosureCostly pitfalls to avoid when selling a pre-foreclosed propertyFour questions you MUST ask a real estate agent before working togetherAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEScott's InstagramGrab Scott’s Book, “Set for Life”Hear James on the “On the Market” PodcastListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Listen to The Real Estate InvestHER ShowJoin The Real Estate InvestHER Community on FacebookRegister for an Upcoming InvestHER EventMoney MomentHow to Buy a Foreclosure: A Guide for Finding & Landing Foreclosed Deals6 Tips on Investing in Foreclosures for First TimersClick here to check the full show notes: https://www.biggerpockets.com/blog/money-441 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

As an investor, it’s easy to become fixated on cash flow, much like today’s guest at the start of his real estate journey. After realizing he was “house poor” with a mortgage payment larger than he could afford, Eric Garber stumbled upon house hacking. He rented out his basement and used the extra money to pay off his house early. With proof of concept for his newfound house hacking strategy and income from a stable W2 job, everything was going great.Then Eric’s world came crashing down when his marriage ended and his employer froze his pension plan. Without a prenuptial agreement, his financial fate was left to the state court system. Losing more than half of the assets he had worked tirelessly to grow, Eric found himself back at square one. This time, he was going to do things differently. Rather than pouring his time, energy, and money into paying off his real estate and living off the cash flow, Eric realized the opportunity that could be had by accessing his equity and putting it to work—a revelation that will allow him to retire early, despite the curveballs life has thrown his way.If you think getting a prenup is “planning for divorce,” you’ll want to hear what Eric has to share in this episode of the BiggerPockets Money podcast. Beyond offering practical financial tips you can put into practice before getting married, he talks about the paradigm shift that allowed him to unlock wealth. He also discusses the investing strategythat allows him to earn truly “passive” income—syndication deals!In This Episode We CoverWhy you NEED a prenuptial agreement to protect your financial futureOne of the most “passive” ways to invest in real estateWeathering economic downturns by diversifying your investment portfolioHow to do your homework when analyzing a syndication dealKey financial tips to consider before you get marriedAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEScott's InstagramMindy on BiggerPocketsGrab Scott’s Book, “Set for Life”Listen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Listen to The Real Estate InvestHER ShowJoin The Real Estate InvestHER Community on FacebookRegister for an Upcoming InvestHER EventMoney MomentWhy You’re (Probably) Wrong About PrenupsROE over ROI and Why Your “Cash Flow” Number Is DeceivingSyndications: Everything You Need to Know BEFORE You InvestClick here to check the full show notes: https://www.biggerpockets.com/blog/money-440 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Tracy Coenen, a veteran forensic accountant, discusses the biggest financial “red flags” in a marriage, unearthing hidden money, and the importance of prenuptial agreements. She shares tips for identifying and addressing financial infidelity in relationships, emphasizing the need for ongoing financial discussions with your spouse.