Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

987: BiggerNews: Rate Cut Chances Increase as New "Affordable" Markets Emerge

987: BiggerNews: Rate Cut Chances Increase as New "Affordable" Markets Emerge

FromBiggerPockets Real Estate Podcast


987: BiggerNews: Rate Cut Chances Increase as New "Affordable" Markets Emerge

FromBiggerPockets Real Estate Podcast

ratings:
Length:
41 minutes
Released:
Jul 12, 2024
Format:
Podcast episode

Description

Will the new jobs report finally prompt the Fed to cut rates, leading to you scoring a lower mortgage rate? With multifamily rents still falling, should we fear a nosediving rent trend in the near future? And why are all these traditionally overlooked investing markets becoming the new rental property hot spots? You asked, and on this episode of BiggerNews, we’re answering. We’ve taken top questions from the BiggerPockets forums and are answering them on today’s show!

It wouldn’t be a BiggerNews episode without talking about the Federal Reserve. With the latest job numbers pointing in the right direction, is this the final signal the Fed needs before they start cutting rates? Or is there a specific unemployment rate we must hit for the Fed to give us some interest rate relief? Next, we’re talking about the continuously “softening” rents around the country. One sector is actually seeing rents grow, but if you’re not seeing that with your rentals, how do you ensure your tenants stay put and keep paying you rent? We’re giving our expert tips on mitigating falling (or stagnating) rents.

Next, we’re highlighting the “affordable” investing hotspots popping up throughout the country as the cost of living increases. Are these markets actually worth investing in, or are the big cities going to have better returns once they bounce back? Finally, should you wait to save up emergency reserves and risk home prices rising OR buy your first property now? We share exactly what we did in the same position when we first started investing. 

In This Episode We Cover
Fed rate cut updates and how close we could be to mortgage rates finally falling
The “softening” rent trend and what you can do NOW to ensure your rent prices stay put 
Why the oversupply of multifamily rentals could actually reverse soon 
The new “affordable” investing areas that are emerging across the US (and whether we’d buy there)
Emergency reserves 101 and whether you should buy now or keep saving 
And So Much More!

(00:00) Intro
(01:54) Rate Cuts Coming?
(11:24) Rents Are “Softening” 
(19:09) How to Mitigate Falling Rents 
(21:36) New Affordable Markets Emerge 
(28:20) Emergency Reserves 101 
(33:05) Ask Your Question!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-987
Interested 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
Released:
Jul 12, 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.