On The Market

The Chinese real estate crisis could mean much more for the global economy than you think. One economic giant falls, and other interconnected countries, like the United States, feel the shockwaves. As more and more bad news (or LACK of news) comes out of China, we have one question: how will our housing market, stock market, and government be affected? The Motley Fool’s Bill Mann is on to help answer.Bill works as a “treasure hunter,” searching for underpriced but financially sound stock investments for all of The Motley Fool’s subscribers. As a result, Bill’s research goes far beyond the borders of the United States. He’s constantly looking at global markets and industries to see which could be on track for a meteoric rise.In today’s episode, Bill walks us through China’s economic crisis, their “rotting” real estate, and what happens if they continue into a deflationary spiral. Then, we talk about Taiwan’s chip manufacturing monopoly and what would happen if a global conflict threatened this industry’s safety? Finally, Bill gives us a global economic forecast with his two cents on interest rates, the “economy of the future,” and the USD “wrecking ball.”In This Episode We CoverThe spiraling Chinese economy and why their real estate is beginning to “rot” Chip manufacturing and the most important technological industry you’ve never thought aboutTaiwan’s semiconductor monopoly and why the US is going to great lengths to protect itThe USD “wrecking ball” and how a strong dollar could hurt global economies One country that could become the “economy of the future” An interest rate prediction and whether or not Bill thinks the Fed has any more room to hike rates And So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave’s BiggerPockets ProfileDave’s InstagramMotley Fool MoneyBooks Mentioned in the ShowRaising Private Capital by Matt FairclothThe Hands-Off Investor by Brian BurkeConnect with BillGlobal PartnersMotley Fool MoneyValue HuntersClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-148Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The multifamily real estate market went from bad to worse. Interest rates are still at record highs, cap rates have somehow stayed compressed, rent growth looks bleak at best, and sellers refuse to budge on their prices. As a result, inexperienced operators are picking up so-called “deals” to shop around to their investors—and they could be walking into a massive financial trap without even knowing it.If you want one hundred and one reasons NOT to buy multifamily right now, Brian Burke is here to help. But, if you want a counteracting force of optimism as to why you should pursue multifamily properties, Matt Faircloth can balance out this debate. These investors have owned and managed THOUSANDS of apartment units, but NEITHER of them has bought in over a year. Brian even went as far as selling most of his portfolio right before the commercial crash, a move many thought was far from wise at the time.These two time-tested multifamily experts come on today to talk about the commercial real estate crash, the “chaos” that could ensue over the next year, why inexperienced syndicators are about to bite the dust, and why multifamily investing may not be the move to make in 2023. Think this is just a bunch of scare tactics to keep you away from good deals? Tune in to be surprised.In This Episode We Cover:The multifamily market crash and why sellers are STILL asking for all-time-high pricesRisky real estate debt and what you MUST know about commercial financing before you buy another propertyWhat Brian and Matt MUST see in a property before they send in an offerThe “wave of foreclosures” that won’t come and deals being done in the shadows What to do RIGHT now as the market is in shambles to make the most money in the futureCap rate compression and why these high multifamily prices can’t lastAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramJames' BiggerPockets ProfileJames' InstagramMeet Brian and Matt at BPCon!Sign Up for the BiggerPockets Multifamily BootcampThe Multifamily “Bomb” is About to Blow, Here’s What You Need to KnowBooks Mentioned in the ShowRaising Private Capital by Matt FairclothThe Hands-Off Investor by Brian BurkeConnect with BrianBrian's BiggerPockets ProfileBrian's WebsiteBrian's InstagramConnect with MattMatt's BiggerPockets ProfileMatt's WebsiteMatt's InstagramClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-147Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discussion on potential triggers for a 2024 recession: auto worker strike, government shutdown, student loan resumption, and rising oil prices. Redfin leaving National Association of Realtors signals industry changes. Speculation on lawsuits and economic drags. Concerns about impact of student loan debt payments on economy. Potential consequences of auto worker strike on unemployment and other industries. Advancements in technology leading to job displacement. Government shutdown's impact on workers and essential businesses. Challenges of real estate investing in current climate.

The housing market is now aggressively out of reach for first-time home buyers. Nearly sixty percent of homes for sale are unaffordable to the average American. What’s causing such a lack of affordability? High mortgage rates, meager supply, and baby boomers refusing to sell their single-family homes (seriously). These factors have created a housing market where “forced renter households” will become the norm…but not for long.According to Matthew Gardner, Chief Economist at Windermere Real Estate, there’s at least some hope on the horizon. Mathew knows the solution to this almost unfathomable unaffordability issue, and it’s much simpler than most people think. In this episode, he talks about the primary driver of high home prices, the factors causing so many Americans to rent, and why we can’t repair this market using the same housing market “incentives” that worked in the past.And, as someone who works regularly with large-scale investors, Mathew has some advice for those still trying to invest in a market where profits seem improbable. When will mortgage rates head down? How long will unaffordability last? And what’s the solution Matthew thinks will solve it all? We’ll get into all that in this episode!In This Episode We Cover:The SINGLE factor that’s causing so much unaffordability in the housing marketHome price updates and a surprising statistic about homes for sale Mortgage rate predictions and whether or not we’ll see them fall next year“Forced renter household” formation and whether America will become a renter nationCrucial advice for ANYONE who’s buying real estate in 2023 (and if you should wait)And So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramJames' BiggerPockets ProfileJames' InstagramHousing is Unaffordable, But Could It Actually Get Worse?Connect with MatthewMatthew's FacebookMatthew's InstagramMatthew's LinkedInMatthew's Twitter/XClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-145Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to make millions in real estate through land investing, flip deals, and entitlement deals. Discover the benefits of adding accessory dwelling units and explore different pricing structures for maximum profit in the market.

Jamie Lane, an expert in the hotel vs. Airbnb battle, discusses surprising statistics about short-term rental occupancy, the impact of the post-pandemic world on the industry, and tips for finding smaller markets with decent profit potential. They also explore the preference for staying at hotels, the evolution of the short-term rental market, and the benefits of hotels versus Airbnb.

House flipping profits are off the charts, so why are so many house flippers leaving the market? Top flippers like James Dainard have seen their profits almost double, EVEN with today’s high interest rates. Wouldn’t now be the perfect time to take on more flips than ever? The experts say “no.” In fact, many of them have stepped away from flipping entirely, worried that the risk FAR outweighs the reward.To give us a more rounded view of this real estate market are Jessie Rodriguez and “I hate real estate but love money” investor Tarl Yarber. Jessie and Tarl have done HUNDREDS of flips throughout the past decade, but now, they’re doing fewer flips than ever before. With high holding costs, an uncertain economic future, and a greater risk of failure, now might not be the best time to start your flipping empire.But if you have experience, money, or time, you could make some serious returns if you are willing to take the risk. James, Jessie, and Tarl talk about what they’re looking for in today’s market, how to instantly lower your cost of labor on any flip, why so many expert flippers are leaving the business, and why you should “dollar-cost average” in real estate investing.In This Episode We Cover:The state of house flipping in 2023 and whether or not now is the time to jump inInterest rates, holding costs, and how much you can expect money to costWhy “quick flips” are FAR safer now than extensive, heavy rehab house flipsWhy Tarl quit flipping and the signs he’s waiting for BEFORE he gets back into the gameLabor costs and how Jessie INSTANTLY cut down his rehab budget Dollar-cost averaging in real estate and whether or not it’s a smart move for rookiesAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramJames' BiggerPockets ProfileJames' InstagramUnbelievable Returns from Flipping This New Type of Real Estate w/Jessie RodriguezFlipping Houses: How to Get Started and Everything You Should KnowConnect with Jesse:Jesse's InstagramConnect with Tarl:Tarl's BiggerPockets ProfileTarl's InstagramClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-142Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The “Doom Loop” could cause banks, businesses, and commercial real estate to crash. With real estate valuations down, property owners begin to default, and credit tightens, causing the same cycle to repeat itself again and again, pulling banks and balance sheets down until we reach a bottom. But is this “Doom Loop” scenario just feeding the fear of a housing market crash, or are we months away from this becoming our new reality?We asked Richard Barkham, Global Chief Economist of CBRE, his take on what could cause a “Doom Loop” and what we should be prepared for. Richard’s team handles some of the planet’s most comprehensive commercial real estate data. When the masses run away in fear, Richard’s team sees opportunity, and if you listen to today’s episode, you’ll know exactly where the prices are too low to pass on.Richard gives his economic forecast for the next year, when the US could enter a recession, how high unemployment could get, and where commercial real estate prices are heading. While some commercial real estate sectors are facing dramatic price declines, others are looking surprisingly strong. But with a weaker economy and fear of a “Doom Loop” taking hold, are everyday investors safe from this potential economic catastrophe?In This Episode We Cover:he real estate “Doom Loop” explained and what could cause this chain reaction to tank asset pricesThe “global slowdown” and recession predictions for 2023 and 2024The weakest and strongest sectors of commercial real estate (and which ones are underpriced)Cap rate updates and what will finally cause prices to improve againBest buying opportunities in 2023 and assets with rising rents and declining pricesUnemployment, inflation, deflation, and what we can expect over the next yearAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramJames' BiggerPockets ProfileJames' InstagramThe Biggest Crash Imaginable is Coming For Commercial AssetsGrab CBRE’s “Midyear Global Real Estate Market Outlook 2023”Books Mentioned in the ShowReal Estate by the Numbers by Dave MeyerConnect with Richard:Richard's LinkedInClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-141Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are ravaging the real estate market, but Warren Buffett is bullish on housing. With interest rates at twenty-year highs, almost any house is unaffordable to the everyday home buyer. And, with rising insurance costs, commercial real estate investors face HUGE policy hikes that are eating away at any leftover cash flow. But is this just the storm before the calm—have the price hikes peaked, and could we be in store for a more affordable market?All the doom and gloom can seem scary; thankfully, Dave Meyer, James Dainard, and Kathy Fettke have brought their financial flashlights to make things a bit brighter. In today’s correspondents show, we’re talking about Warren Buffett’s latest move to invest in some of today’s top home builders and why “affordable” housing may be where the REAL money is made in real estate.Besides Buffett, we’ll also touch on the growing insurance crisis across the United States, who it’s impacting the most, and why Kathy’s latest bill jumped 600% (c’mon, Kathy). Could this insurance squeeze make the commercial real estate crash even more lucrative for buyers? Lastly, we’re talking about one of the most underground topics of 2023—mortgage rates. They’re climbing fast, but this could be a sign of lower rates to come!In This Episode We Cover:Why the world’s greatest stock investor is putting his money into residential real estateThe ongoing inventory crisis and why we might be in a “2012” market in 2023The insurance “squeeze” forcing commercial real estate investors out of their propertiesHow to lower your insurance costs with simple, sustainable home improvementsA mortgage rate update and crossing into the highest rates of the past two decadesRental property HELOCs and the best lenders to ask for oneAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramKathy's BiggerPockets ProfileKathy's InstagramJames' BiggerPockets ProfileJames' InstagramWarren BuffettInsuranceMortgage RatesClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-140Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chief economics correspondent from The Wall Street Journal, Nick Timiraos, discusses the Fed's moves to lower inflation, mortgage rate predictions, consumer spending, credit tightening, falling job openings, and recession risks in this episode.