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BiggerPockets Daily

Tariffs Are Here—Here's What the Official Numbers Could Mean For Investors

05 Feb 2025

Description

Over the weekend, the Trump administration imposed some of the strictest tariffs in decades on Mexico, China, and Canada. These new import taxes could have major ripple effects across the economy, potentially driving up inflation, increasing the cost of construction materials, and even impacting mortgage rates. In this episode, we break down: - What these tariffs are and why they’re happening - How they could affect real estate investors, from flippers to buy-and-hold landlords - Which industries will feel the biggest impact, including oil, construction, and auto manufacturing - How you should adjust your investing strategy to stay ahead of rising costs With lumber, steel, and appliances likely to get more expensive, investors need to be proactive in managing their deals and expenses. Tune in to find out what these policies mean for your bottom line and how to navigate the changing market. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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