On The Market

The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal? We’ve got Brandon Hall, CPA, on to break down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars.

Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss, so you keep your cash flow while avoiding taxes. But bonus depreciation is like regular depreciation on steroids. And the tax benefits can be massive.

So, how do you take advantage of this huge tax write-off? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around!

In This Episode We Cover:

Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in

The high-priced coastal market that we love…but wouldn’t buy rentals in

A snowy northeast market that has low prices and big rent-by-the-room potential 

A sleeper city with a big price tag but solid investing benefits

The not-so-sexy market that made the number-one spot and surprised us all

Unemployment rates, home prices, average rents, and top metrics you MUST check before investing

And So Much More!

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What Is Bonus Depreciation And How Does It Work?

What is Rental Property Depreciation & How to Calculate It

The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall

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Brandon's BiggerPockets Profile

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Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-187

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These hot housing markets could make any investor start to sweat. You’ve been longing for some cash flow connection, but your prayers have gone unanswered. You don’t know what you’re in the mood for—a quick flip or maybe something a bit more long-term. You’re hesitant to settle down with so many options around, but waiting won’t get you what you want. Worry not; we’ve brought the hottest housing markets to you this Valentine’s Day.

Enough with the promiscuous property puns. We’re breaking down Yahoo Finance’s list of the hottest housing markets for 2024, going over their top picks and telling you where we’d swipe right or left. If you’ve never had the chance to online date, now is your time to feel the digital thrill as James, Kathy, and senior producer Kailyn Bennett become your investing BFFs for the next half hour, showing you which property market has potential and which deserves nothing more than a quick flip.

Some of these markets may surprise you (they surprised us!) due to their underrated potential, but just because a housing market makes the top lists DOESN’T mean it’s the right market for you. So, which areas would we love to settle down with? Stick around; you’re about to find love, listings, and leases in these markets!

In This Episode We Cover:

Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in

The high-priced coastal market that we love…but wouldn’t buy rentals in

A snowy northeast market that has low prices and big rent-by-the-room potential 

A sleeper city with a big price tag but solid investing benefits

The not-so-sexy market that made the number-one spot and surprised us all

Unemployment rates, home prices, average rents, and top metrics you MUST check before investing

And So Much More!

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Yahoo Finance’s Top Housing Markets for 2024

Top 10 Real Estate Markets for Cash Flow in 2024

Master plan calls for more growth in downtown Toledo

Connect with Kailyn:

Kailyn's BiggerPockets Profile

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Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-186

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We know mortgage rates will fall this year, but how long will we have to wait? Will they get down to the fives or stay in the six-percent range? And even if the Fed lowers the federal funds rate, will this significantly impact mortgage rates? We brought on three elite lenders to get their takes on when rates will drop, how low they could go, and why waiting for lower rates is a riskier decision than you think.

Caeli Ridge joins us again as our go-to investor-lender combo, and Krystle and Kenny Simpson, San Diego-based lenders, are on the show to give their viewpoints from the small investor and large commercial lens. Plus, these lenders are about to share the info on some investor loans that you may have NEVER known about—loans that other investors are taking advantage of TODAY to get deals done, even with high interest rates.

Speaking of high interest rates, our lenders show mathematical proof that rates are NOT the defining factor of your real estate deal and how waiting for a half-percentage drop could cost you more than you think. Plus, the commercial real estate “bloodbath” coming for one certain sector unless local governments step in. 

In This Episode We Cover:

The investor loans that you’ve NEVER heard of that are being used TODAY to get deals done

Mortgage rate predictions and how low rates could go by the end of 2024 

The commercial real estate drop-off and why buying/selling has come to a halt 

High-rate investor HELOCs you can get today that’ll cost you LESS than a thirty-year mortgage 

Huge opportunity in commercial real estate as one sector becomes a “bloodbath”

DSCR, non-QM, and other investor-only loans you can take advantage of NOW

And So Much More!

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Hear Our Last Interview with Caeli

Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025

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Caeli's Website

Connect with Krystle and Kenny:

Kenny BiggerPockets Profile

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Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-185

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Home prices will rise, home sales will jump, and mortgage rates will fall to a familiar range, according to Fannie Mae’s Doug Duncan. In their newest consumer sentiment survey, Fannie Mae points to a “tale of two housing markets” where both buyers and sellers are stuck. Rates aren’t low enough to get back into the housing market, and with prices set to rise, why should homeowners sell?

Doug provides some incredible insight on today’s episode, explaining why housing market sentiment is still so low, what could boost homebuying demand, and where Fannie Mae expects mortgage rates to be in 2024 and 2025. If you’re praying for rates to hit the rock-bottom levels of 2020 and 2021, Doug has some news you NEED to hear.

But rates and prices aren’t the only factors impacting buying/selling. Our huge undersupply of housing is making the market even more competitive as builders remain stuck, forced to pay high interest rates and high labor costs, all during a time when most of America doesn’t want to purchase. How do we get out of this housing market stalemate? Stick around as one of the top minds in housing gives us his answers.

In This Episode We Cover:

Fannie Mae’s newest housing market sentiment numbers and what they mean for buying/selling

2024 vs. 2008 and the factors causing so much property purchasing pessimism

The mortgage rate “range” we can expect in 2024 and 2025

The three factors that MUST change if we’re to see a return back to a normal housing market 

Recession indicators that are going off, EVEN with today’s solid economic growth

The massive construction constraint that’s stopping more inventory from coming on the market

And So Much More!

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Where America’s Most Accurate Forecaster Sees Home Prices in 2024 w/Doug Duncan

With Mortgage Rates Set To Drop, Will This Be the Year Sellers Come Back?

HousingWire CEO: This Inventory Shortage Could Last Decades

Fannie Mae’s Latest National Housing Survey

Connect with Doug:

Fannie Mae

Doug’s LinkedIn

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-184

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The “frozen” housing market is about to get blowtorched as competition is set to heat up in 2024. With lower mortgage rates, bigger investor tax benefits, positive economic sentiment, and tight inventory, homebuyers will need to act fast unless they want to make the same mistakes of 2021 and 2022. Are the bidding wars and price hikes coming back? Will we look back at 2023 as an “affordable” time to buy a house?

Welcome to the first On the Market Headlines Rumble Show! We’re putting Dave, Henry, James, and Kathy in a metaphorical cage match as they each bring hard-hitting headlines to knock each other out with bigger and better news. No physical punches will be thrown, but psychological piledrivers will be aplenty in today’s show.

We’ll talk about the “frozen” housing market reigniting in 2024 due to stiff competition, low inventory, and falling mortgage rates. Next, why Americans are giving up on college degrees and going straight into employment. A MASSIVE investor tax write-off could make a comeback as bonus depreciation goes BACK on the legislative table. Plus, why Blackstone, everyone’s favorite hedge fund, is buying BILLIONS of dollars in housing in the US and Canada. 

In This Episode We Cover:

Housing market competition and what could cause higher prices, bidding wars, and more seller power

A 100% bonus depreciation comeback and whether investors should bet on bigger write-offs

Sinking college confidence and the surprising statistics showing Americans’ lost faith in higher education

New housing starts numbers that could signal even MORE competition to come

Blackstone’s $3.5 BILLION bet on the American (and Canadian) housing market

Newest consumer sentiment survey results showing a surprising change of tune for Americans

And So Much More!

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Frozen Housing Market

Invitation Homes Rent-Gouging

Mortgage Applications Soar

College Degrees

Tax Breaks and Depreciation

Single-Family Construction Starts

Blackstone

Consumer Sentiment

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-183

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The “silent depression” is here. Just like in 1929, the American economy is ravaged by a declining GDP, plummeting asset prices, widespread unemployment, and a completely fractured banking system. Wait…are any of those things happening today? Not quite. But, according to social media, a “silent depression” is widespread across the American economy, with high inflation, limited wage growth, and low homeownership for millennials and Gen Z.

To explain the “silent depression” trend, CNBC’s Jessica Dickler is on the show, giving her take on this trend and other popular economic trends across social media. We’ll get into why younger generations feel so bad about the economy, EVEN with strong financial fundamentals, the rising cost of living across the country, and whether or not economists agree with the “silent depression” theory.

And if you want to see Dave get really fired up, prepare to hear his best “you darn kids!” impression as he explains why so many young Americans are tired of older generations holding so much of the wealth. 

In This Episode We Cover

The “silent depression” explained and why so many Americans are financially fearful

How BAD is the American economy in 2024? (is it even bad at all?)

Economic depressions vs. inflation and why the rising cost of living hits so hard 

Explaining other popular TikTok trends like “loud budgeting” and “girl math”

Social media vs. reality and why you can’t (always) trust the internet 

Dave aging instantly by thirty years during an on-air rant 

And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-182

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Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate, there’s only so much longer that these high multifamily prices can last. Over the past year, expert multifamily investors like Brian Burke and Matt Faircloth have been sitting and waiting for a worthwhile deal to pop up, but after analyzing hundreds of properties, NOTHING would work. How bad IS the multifamily market right now?

Brian and Matt are back on the podcast to give their take on the multifamily real estate market. Brian sees a “day of reckoning” coming for multifamily owners as low-interest debt comes due, banks get desperate to be paid, and investors run out of patience. On the other hand, Matt is a bit more optimistic but still thinks price cuts are coming as inexperienced and overconfident investors get pushed out of the market. So, how does this information help you build wealth?

In this episode, Brian and Matt share the state of the 2024 multifamily market, explain exactly what they’ve been doing to find deals, and give their strategy for THIS year that you can copy to scoop up real estate deals at a steep discount. Wealth is built in the bad markets, so don’t skip out on this one!

In This Episode We Cover:

The state of multifamily real estate in 2024 and how low prices could go

A “day of reckoning” coming for inexperienced/overleveraged multifamily owners

Whether or not we’ve reached the bottom for multifamily price drops 

What rookie real estate investors should do NOW to take advantage of this down market

Rising mortgage rates and how increased costs have KILLED many multifamily deals

Exactly what Brian and Matt are investing in during 2024 to make money no matter how the market moves

And So Much More!

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Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

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Check Out Dave On the “On the Market” Podcast

Top Multifamily Investors’ Advice for Buyers in 2023? DON’T Do It

Books Mentioned in the Show

Raising Private Capital by Matt Faircloth

The Hands-Off Investor by Brian Burke

Connect with Matt:

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Matt's Website

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Connect with Brian:

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Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-181

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The tide may have finally turned for real estate investing and the housing market. After carefully tracking sentiment among small investors, Rick Sharga’s team at CJ Patrick Company has seen a BIG boost in optimism over the last quarter. It seems that betting on the housing market is back as improving investor sentiment and confidence pushes more and more people to go after rental property investing and house flipping. But which strategies will have the most explosive growth?

We sat down to break the story with Rick on the newest Investor Sentiment Survey, what investors are feeling the most bullish about in the 2024 housing market, and the biggest concern investors have on their minds. And the data Rick shares isn’t just shown in the survey—it’s mirroring today’s market conditions. In James’ market alone, investor demand has quadrupled recently, showing a STRONG resurgence in a specific type of real estate investing. 

We’ll walk through the new investor sentiment numbers, why house flipping activity could explode over the next year, one big risk hurting rental property investors, and where investing activity is pooling across the nation.

In This Episode We Cover:

Latest investor sentiment numbers and the one strategy that is about to have a BIG comeback

The HUGE opportunity for rental property investing that most investors will miss

How James made MORE money doing HALF as many flips in 2023 

Low mortgage rate predictions and why investors need to get in BEFORE rates drop

One serious hurdle that’s hurting rental property investors in 2024

And So Much More!

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Hear Our Last Interview with Rick on BiggerNews

Home Prices May Have Bottomed Says New “Investor Sentiment Survey” w/Rick Sharga

ATTOM’s Home Flipping Report

Book Mentioned in the Show

Start with Strategy with Dave Meyer

Connect with Rick:

Rick's LinkedIn

Rick's X/Twitter

Rick's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-180

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Right now, many multifamily operators are scared. They’ve got debt due, higher vacancy rates than ever, and banks that could be coming for them at any second. And although a “soft landing” in the economy could help keep most multifamily operators from being foreclosed on—not everyone is safe. If you’re looking to invest in multifamily this year, there could be some big buying opportunities.

To walk us through the state of the multifamily and commercial real estate market is CBRE’s Richard Barkham. Richard leads a team of six hundred research experts, all digging into the most up-to-date real estate data around. Today, Richard touches on the commercial real estate space, why prices AREN’T crashing, the sectors that will continue to struggle in 2024, and why the industry as a whole has remained so resilient, especially when no one expected it to be.

We’ll also get into cap rate forecasts and how high they could get so prices finally come back down to earth. But that’s not all; Richard gives a rare take on why so many struggling multifamily investments DIDN’T get foreclosed on, whether or not the oversupply of multifamily could make trouble for residential buyers, and what will happen when the “wave” of multifamily construction hits.

In This Episode We Cover:

A 2024 commercial real estate update and whether or not a price crash is still on the table

Rising vacancy rates and the commercial sectors that could get hit the hardest 

Cap rate expansion and whether or not we’ll see price cuts this year

Why Richard sees 2024 as a “year of opportunity” for multifamily investors

States with the most multifamily construction that could see price cuts spill over into residential

“Distressed” multifamily investors and why we WON’T see a wave of foreclosures 

And So Much More!

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The “Doom Loop” That Could Crash Commercial Real Estate w/Richard Barkham

Access CBRE’s Insights and Research

Connect with Richard:

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Richard's LinkedIn

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-179

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Americans are convinced that today’s economy is bad…really bad. In fact, many of them think that this is the worst economic period in US history. Are they right, or are they just historically challenged? In today’s show, we’re going to touch on the good and the bad happening in the economy, from new job numbers to negative economic sentiment, corporate landlords who want you to live at work, and whether or not buying a house in 2024 is a smart move to make.

With so many economists only a few short months ago predicting a recession in 2024, a surprising new jobs report has been released showing something nobody would have expected. Is this good for employees, or does this bring more power to the employer? Speaking of employers, how would you like Elon Musk to be your landlord? Well, if you work for Tesla, SpaceX, or The Boring Company, this could be your reality.

And, if you’ve been on the fence about buying a home, our investing experts go through the pros and cons of purchasing in 2024. With less competition and rates forecasted to drop, now could be the final time to get a steal on your next real estate deal. But is locking in your price now your best bet? Stick around to find out!

In This Episode We Cover:

New jobs data and whether wages are growing, shrinking, or staying stagnant for Americans

“Labor hoarding” and why top companies are paying to keep workers on call

Why younger Americans believe now is the “worst economy in US history”

The re-emergence of “company towns” and how Google, Meta, and Elon Musk could become your next landlord

Why expert investors are buying now BEFORE mortgage rates go down

And So Much More!

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Kathy's BiggerPockets Profile

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Henry's BiggerPockets Profile

Henry's Instagram

Here’s What the U.S. Consumer Tells Us About the State of the Economy

Articles Mentioned in This Episode:

Jobs Report

Company Towns

Buying in 2024

Home Prices

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-178

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

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