379: What the Numbers Reveal About Today's Rents, Prices, and Top Cashflow Markets with Data Scientist Dave Meyer
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
There are plenty of opinions out there about where the real estate market is headed next. But what are the numbers telling us? Today we dig into the data with Dave Meyer, BiggerPockets' VP of Growth and Analytics and a real estate investor himself. Dave leads BiggerPockets Insights—a Pro/Premium benefit providing current local market data—and he's been looking at data points in the weeks since shelter-in-place orders began to grind the economy to a halt. So... Why are rents down? Why haven't prices dropped? And what data should investors be keeping an eye on? The guys tackle those questions and much more in today's episode. Plus, Dave discusses his list of the country's best 11 cashflow markets adjusted for vacancy and explains what makes them so attractive right now. Add in a topical "Fire Round" and a breakdown of Dave's "ski for free" Airbnb scheme, and you've got an action-packed episode sure to bolster your confidence in these uncertain times. Check out this episode of the BiggerPockets Real Estate Podcast, and be sure to subscribe to the show in your favorite podcast app so you won't miss the next one! In This Episode We Cover:The top cashflow markets in the country for high value and low vacancy3 data points Dave looks at when analyzing a new marketWhy housing prices haven't fallen much yetDave's (cautiously optimistic) forecast on real estate pricesWhat's happening to rents nationwideWhat "income-to-price" reveals about a marketWhat BiggerPockets Insights isHow new investors can take advantage of this downtimeThe potential of a population shift away from urban centersHow Dave bought an Airbnb in Colorado to "ski for free"And SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets BookstoreBiggerPockets Podcast 186: How to Get Your First Few Properties — Even in a Competitive Market with Dave MeyerAir DNABiggerPockets Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren SagerBiggerPockets ProBiggerPockets InsightsNewbie Real Estate Investors - What YOU Should Be Doing During This COVID TimeBiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert GreeneCheck the full show notes here: http://biggerpockets.com/show379