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BiggerNews: The “Clues” That Point to a Phenomenal Investing Neighborhood

UNLIMITED

BiggerNews: The “Clues” That Point to a Phenomenal Investing Neighborhood

FromBiggerPockets Real Estate Podcast


UNLIMITED

BiggerNews: The “Clues” That Point to a Phenomenal Investing Neighborhood

FromBiggerPockets Real Estate Podcast

ratings:
Length:
40 minutes
Released:
Oct 18, 2024
Format:
Podcast episode

Description

Are there “clues” that point to phenomenal real estate investing areas? We mean the areas nobody knew about until it was too late. The neighborhoods that seem to jump in price overnight, and everyone ends up saying, “I should have bought there when I had the chance!” What if there was a way to easily identify WHICH areas are in the “path of progress” and could make you serious wealth IF you buy today? We brought in an expert with two decades of experience picking these markets.
James Dainard is a rental property investor, house flipper, private money lender, and every other role you can think of in real estate. He’s been investing primarily in one market for his entire career: Seattle, Washington. But, even though he’s sticking to this specific market, he’s diversified by having investments all around the entire metro area, even in places most people wouldn’t DARE to buy in.
Today, he’s sharing his secrets, showcasing precisely what he looks at to identify these hidden but growing real estate areas WITHIN a market. We’ll discuss whether you should focus on the deal or the neighborhood first, “clues” that point to a solid investing area, why zoning will become your wealth-building best friend, and how to identify markets with solid cash flow or appreciation. 

In This Episode We Cover:
The “clues” that point to a rising real estate area most people DON’T know about yet
Whether to choose a neighborhood FIRST or evaluate a deal based on its neighborhood 
The magic of “upzoning” and how James uses this to boost his portfolio’s worth 
The “path of progress” that will have your home value rising FAR faster than others 
What to be cautious of when investing in a new area (these could ruin your real estate deal)
Data sources you can use right now to pinpoint exactly where to buy
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Grab James’ New Book, “The House Flipping Framework”
Find an Investor-Friendly Agent in Your Area
Is That Neighborhood Up-and-Coming? Here’s How to Tell
Connect with James
Connect with Dave

(00:00) Intro
(02:35) Neighborhood or Deal First?
(06:51) “Clues” of a Great Neighborhood
(13:14) This is CRUCIAL
(19:57) The Path of Progress
(25:41) Stay Away from This
(31:44) Do This FIRST


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1032
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
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Released:
Oct 18, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.