BiggerPockets Real Estate Podcast - The Overlooked “Upside” That Will Make Future Landlords Rich

Episode #1092 Join the Future of Real Estate Investing with Fundrise: https://fundrise.com/campaigns/fund/flagship?utm_medium=podcast&utm_source=biggerpockets&utm_campaign=podcast-biggerpockets-2024&utm_content=RE Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Dave’s Book, “Real Estate by the Numbers”: https://store.biggerpockets.com/products/real-estate-by-the-numbers?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPocket Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Rent Prices Are “Guaranteed” to Increase Over the Next Two Years—Here’s Why: https://www.biggerpockets.com/blog/rent-prices-are-guaranteed-to-rise-over-the-next-two-years?utm_source=youtube&utm_medium=description&utm_campaign=none Grab The Apartment List Research: https://www.apartmentlist.com/research Or Email [email protected] Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Your rental properties are about to make even more money. There’s one often overlooked real estate investing “upside” that, over time, makes rental property investors and landlords rich without any extra effort. This is one upside that Dave is exceptionally bullish on and is one of the most compelling cases for rental property investing. It’s not home price growth, it’s not tax benefits, and it’s not zoning changes—it’s simple: rent price growth. Rent has steadily grown throughout the history of the housing market and shot up at an extreme pace during 2020 - 2022. Now, the pendulum is swinging in the other direction as rents soften and tons of supply hit the market. But how far are we from going back to the days of solid rent growth? And with the new housing supply already starting to be absorbed, could we get to above-average rent growth again? We brought Chris Salviati from Apartment List on the show to share his team’s rent research. Over time, your rental income will rise significantly while your mortgage payment stays the same, boosting your profits. So, where are rents poised to grow the most? Will we ever experience 2021-level rent growth again? And will 2025 be the year strong nationwide rent growth returns? We’re breaking it all down today so you know exactly where rents are headed next! 00:00 Intro 03:52 The Rent Explosion Explained 08:03 Multifamily vs. Single-Family Rent Trends 10:51 Future Rent Predictions 19:01 When Will Rent Return to Normal? 22:14 Markets with Most Potential 27:02 Best Properties to Buy 28:33 Grab the Free Data!