BiggerPockets Daily

Chris Bibey, experienced in property management, shares a comprehensive property management checklist for rental properties covering daily, weekly, monthly, seasonal, and annual tasks. He emphasizes the importance of conducting an annual property management checklist review to maintain property value and attract tenants.

Real estate expert Jeff Vasishta discusses the profitable landscape of student housing due to a nationwide shortage. Private developers and landlords can leverage student loans to capitalize on high demand and escalating rents. Investing in student housing offers guaranteed tenants and higher rental rates, but comes with challenges like high turnover and property damage prevention.

I don’t invest in Bitcoin because I am betting on the continuation of Western civilization, not its collapse or decline. If I did believe my government would collapse, I’d invest in guns, ammo, and canned corn. And if I believed that Bitcoin could peacefully replace my country’s currency, I’d still rather own real estate, businesses, stocks, or other alternative assets than a currency like Bitcoin.At $1.3 trillion in market capitalization as of April 2024 and a price of $65,000 per Bitcoin, enthusiasts of the cryptocurrency, who I will refer to going forward as “Bitcoin Maximalists,” may think that they have another conclusive proof point validating their thesis. Learn more about your ad choices. Visit megaphone.fm/adchoices

I don’t invest in Bitcoin because I am betting on the continuation of Western civilization, not its collapse or decline. If I did believe my government would collapse, I’d invest in guns, ammo, and canned corn. And if I believed that Bitcoin could peacefully replace my country’s currency, I’d still rather own real estate, businesses, stocks, or other alternative assets than a currency like Bitcoin.At $1.3 trillion in market capitalization as of April 2024 and a price of $65,000 per Bitcoin, enthusiasts of the cryptocurrency, who I will refer to going forward as “Bitcoin Maximalists,” may think that they have another conclusive proof point validating their thesis. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you haven’t heard, Henry Washington and I are doing something special in honor of the 200th episode of On the Market. We are competing in a Flip/Off, battling against each other to see who can score the highest return. We described our deals on the podcast and what we hoped to achieve, but I want to keep everyone up to speed on how my flip is progressing. So, every week, I’ll update this diary so you can see how my property transforms into the high-cash-flow deal I know it will become. Learn more about your ad choices. Visit megaphone.fm/adchoices

This year’s hurricane season is expected to be one of the busiest on record, with a potential for 25 named storms. How much risk is your property at? Meanwhile, home prices fell in 7% of markets, but some stand out as cities that, on paper, shouldn’t be showing declines. Is this indicative of a larger trend? Or is it just an outlier?https://www.biggerpockets.com/blog/14-cities-facing-highest-property-damage-risk-during-hurricane-season https://www.biggerpockets.com/blog/crash-or-correction-home-prices-are-falling-in-these-cities Learn more about your ad choices. Visit megaphone.fm/adchoices

With median house prices in the U.S. inching towards half a million dollars and mortgage rates back over 7%, homebuyers and investors alike are getting choked out of the market. Although there are several cities in the Midwest and South where you can still buy homes for $100,000, they tend to be the exception rather than the norm. Despite the shortage of houses, according to Realtor.com, there are several markets where you can buy a quality home in a good neighborhood for under $300,000.  Learn more about your ad choices. Visit megaphone.fm/adchoices

A record 300,000 migrants entered the U.S. through the southern border in December. Rather than trying to sneak past border agents, many surrendered to apply for asylum. Overwhelmed immigration courts take years to process these claims, and migrants are protected from deportation in the meantime. They hope to stay, work, and build a life here. But achieving legal status in the U.S. is a complicated process. Meanwhile, some Americans are fearful of the impact of increased immigration rates on U.S. citizens and communities, which has led politicians to consider immigration policy reforms.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate expert G. Brian Davis discusses how politics can impact real estate investing, highlighting states and cities becoming uninvestable due to taxes and regulations. He emphasizes the importance of evaluating regulatory risks before investments and shares personal experiences with non-paying tenants in anti-landlord regions.

Before you find and hire a property manager, there’s something you need to know: Not all property management companies structure their costs the same way. Knowing how much property managers generally charge—including their fee structure—allows you to determine if it’s the right fit for you.  Learn more about your ad choices. Visit megaphone.fm/adchoices