2024 Real Estate Investing Strategies: Flip, Rent, or New Homes?

Video Description

Episode #223 House flipping vs. renting vs. build-to-rent: which real estate investing strategies could make you the MOST money in the second half of 2024? At the beginning of the year, many investors believed that interest rates would be coming down, housing inventory would finally return to the market, and inflation had been defeated. But that didn’t turn out to be the case. In this ever-changing housing market, what should investors like you do to make the most money possible with the fewest risks? We asked three of our expert panelists to give their take! So today, we’re having a friendly real estate investing strategy smackdown to pit house flipping against buy-and-hold against build-to-rent homes. Each strategy has BIG benefits but also comes with some serious risks rookie and expert investors should be looking out for. Plus, these investing strategies are NOT for everyone. We’ll discuss who should (and definitely shouldn’t) invest using each method. 2024 is not an easy real estate market, but our expert investors lay out the exact risks to avoid, how to get around them, and the best ways to build serious wealth while most Americans sit on the sidelines. We’ll talk about the enormous gains you can make even with high interest rates, what James calls the best way to find financial freedom, how to invest EVEN if you have very little time, and the one type of rental property with WAY lower insurance and repair costs. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Listen to the “On The Market” Podcast Wherever You Listen to Podcasts: https://link.chtbl.com/OTM ~~~~ Join the Future of Real Estate Investing with Fundrise: https://www.fundrise.com/bpmarket ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Property Manager Finder: https://biggerpockets.com/findapm ~~~~ How to Build Wealth With Rental Properties Through Buy & Hold Investing: https://www.biggerpockets.com/guides/buy-and-hold-rental-property?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Flipping Houses: How to Get Started and Everything You Should Know: https://www.biggerpockets.com/guides/how-to-flip-houses?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Investors Are Putting Their Money in Build-to-Rent Homes at a Record Rate—What’s Causing the Frenzy? https://www.biggerpockets.com/blog/real-estate-investors-built-single-family-rentals-at-record-rates-in-2023?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Dave and Our Panel of Expert Guests: Dave Meyer: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Henry Washington: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none James Dainard: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none Kathy Fettke: https://www.biggerpockets.com/users/kfettke?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow Dave and Our Guests on Instagram: Dave: @thedatadeli or https://www.instagram.com/thedatadeli/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/ James: @jdainflips or https://www.instagram.com/jdainflips/ Kathy: @kathyfettke or https://www.instagram.com/kathyfettke/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://link.chtbl.com/OTM 00:00 Intro 01:18 Buy (Renovate) and Hold 08:32 Who Should Buy and Hold? 10:05 Biggest Risks 11:51 Flipping Houses 17:28 Who Should Flip? 19:48 Biggest Risks 22:44 New Construction 31:00 Biggest Risks 34:02 Best 2024 Investing Strategy