logo
episode-header-image
Mar 2022
57m 7s

585: Seeing Greene: Boosting Your Apprai...

BIGGERPOCKETS
About this episode

BRRRRs, property classes, raising capital questions and more are in this episode of Seeing Greene! As always, your investor mentor, top agent, and shiny-headed host of the BiggerPockets Podcast is back to walk through real-life questions and examples brought to him directly from listeners just like you. This episode walks through a lot of the struggles new and intermediate investors have when trying to scale. So even if you’ve got one unit (or none), you’re probably in one of our guest’s positions.

Investors all over the country are enjoying the spoils of this hot real estate market and need to know the next best move to make. In today’s show, David touches on topics like how to scale when you feel overleveraged, the four hurdles that stop investors from building portfolios, how to tell whether a rental is an a, b, or c-class property, whether or not to raise money on your first big deal, and why every BRRRR needs to start backwards.

If you heard a question that resonated with you or you’d like David to go more into detail on a certain topic, submit your question here so David can answer it on the next episode of Seeing Greene. Or, follow David on Instagram to see when he’s going live so you can hop on a live Q&A with the bald builder of wealth himself!


In This Episode We Cover:

The four things that slow investors down when building their real estate portfolio

How to know your “property’s personality” so you can get better tenants and equity gain

Defining property classes and what to do if a property and neighborhood class mix

Selling off your rental properties to buy bigger deals vs. raising private capital

Why real estate is easy in theory but difficult in practice

The single best strategy for every new real estate investor to start with

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Rent Estimator

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

Submit Your Questions to David Greene

BiggerPockets Podcast 569: Rich Dad’s CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright

BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off?

BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow —

BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions

BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate?

BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties

BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Dea

BiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House Hacking

David Greene Team

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-585

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
2025 Long-Distance Investing Blueprint (Listen Before Buying)
Can’t make the numbers work in your local market? No worries—long-distance real estate investing is the natural next step. We’ve done it before, many times, and made the beginner mistakes, so you don’t have to. Now, we’re gearing up to do it again. Dave and Henry are heading out ... Show More
41m 2s
Jul 7
Replacing His Income with Rentals (in 3 Years!) by “Recycling” Money
In just three years, this investor scaled up to making over $100,000 per year thanks to real estate. He did it all starting in 2022 when interest rates were beginning to rise, the market was turning, and many investors decided to sit on their hands. Thanks to a strategy that allo ... Show More
40m 2s
Jul 4
How to Buy Real Estate Without Banks (Private Money Lending)
Can’t (or don’t want to) get a bank loan? We have another option for funding your real estate investments: private money lending! If your DTI (debt-to-income) is too high, you’ve maxed out how many mortgages you can get, or you need quick cash to finance a renovation, house flip, ... Show More
40m 14s
Recommended Episodes
Apr 2022
171: The 2022 Housing Market Explained: Is Now a Good Time to Buy? w/Dave Meyer
The 2022 housing market is off to a wild start. We’ve seen home inventory at decade lows, interest rates have finally started to rise, and more homebuyers are looking at fewer houses. As a real estate investor, it can be tough to navigate a market like this, especially when you’v ... Show More
1 h
May 2023
407: 8 Rentals in 8 Years and Unlocking MASSIVE Tax Breaks with One Career Move
Think it might be too late for you to enjoy the spoils of real estate investing? Well, you’d be wrong! Regardless of age, background, or financial circumstances, it’s never too late to switch careers and become a real estate investor. Just ask today’s guest!In this edition of the ... Show More
58m 38s
Dec 2022
365: Finance Friday: How to Become Real Estate Ready in 2023
Don’t know how to become a millionaire? There’s a pretty simple formula for seven-figure wealth that the average American doesn’t know about. It isn’t complicated, but it does take a fair amount of time to come to fruition. If you follow the same strategy, regardless of where you ... Show More
1h 2m
Nov 2022
53: 5 Ways to Win During a Down Housing Market
Knowing how to invest during a recession is what separates the good from the great investors. Most veteran real estate investors know that during downtimes, the lucky landlords get swept away while the intelligent investors start to pad their pockets with deals others are too sca ... Show More
57m 30s
Dec 2023
346: The Multifamily Investing Masterclass: How to Get Started in 2024 w/Andrew Cushman
Multifamily real estate investing can be scary to a new investor. After all, buying more units requires more money, more resources, and a larger team. But today’s guest is here to show you that multifamily investing is not nearly as intimidating as it may seem and why NOW is the ... Show More
1h 4m
Feb 2023
385: How to Use Equity in Your Home to Reach Financial Freedom Faster
Your home equity could be the secret sauce to earlier retirement. With so many homeowners and rental property investors across the nation sitting on hundreds of thousands in home equity, one asks, “what if you used this trapped equity to build wealth?” And although most homeowner ... Show More
57m 15s
Mar 2023
REI171: The Journey to Early Retirement w/ Dave from Side Hustle Houses
Patrick Donley sits down with Dave from Side Hustle Houses on real estate Twitter, to talk about his journey to early retirement through building out his real estate portfolio. Learn the steps Dave has taken to grow his portfolio from an initial house hack to five rentals on an e ... Show More
1h 5m
Jan 2023
252.5: How to Buy Your First Rental Property in 11 Steps
Buying your first rental property doesn’t need to be complicated. With some simple steps, you can go from onlooker to real estate investor, collecting passive cash flow every month! But you’ll never get going if you don’t know where to start. So to make 2023 your best year yet, D ... Show More
59m 26s
Mar 2024
383: Rookie Reply: “Managing” Your Property Manager & How to Invest While in Debt w/Tiamo Wright and Mindy Jensen
A property manager can alleviate the burden of screening tenants, collecting rents, and maintaining your property. But if you’re not careful, exorbitant fees and unexpected charges can quickly eat away at your cash flow. Today, you’re going to learn how to navigate this relations ... Show More
37m 20s
Dec 2022
359: Finance Friday: My Home Renovation Put Me in a HELOC Hole
The house hack strategy doesn’t always run smoothly. Turning an old home into a modern, rentable masterpiece takes money—especially if you’re doing a big renovation. One of the easiest ways to get the rehab funds you need? A home equity line of credit (HELOC). But, when used inco ... Show More
1h 2m