If you want to know how to start investing in real estate, you’re in the right place. Today, we’re going to detail the three often-overlooked beginner steps that’ll allow you to build a real estate portfolio, reach financial freedom, and have more time and money than ever before. And no, these steps are NOT the usual “look up properties online, talk to an agent, get pre-approved” advice. Instead, we’re giving you the time-tested expert guidance that leads you to REAL wealth, not just a handful of headache properties.
So, who has the foolproof plan for real estate success? Dave Meyer, BiggerPockets VP of Data and Analytics, host of the On the Market podcast, and author of Start with Strategy. In today’s episode, Dave outlines exactly how he built a life he loves, living abroad with free time to travel, making more than enough to support his adventurous lifestyle, all while spending less than an hour a day on his real estate portfolio. If you’re ready to buy your first or next rental, experience lasting financial freedom, and hear Dave’s 2024 mortgage rate predictions, stick around!
Ready to start investing in 2024? Pick up Start with Strategy and use code “STRATEGY356” at checkout to get 10% off!
In This Episode We Cover:
The three beginner steps to start investing in real estate in 2024
Creating your “vision” of what you want financial freedom to look like for you
Why you should NOT quit your job (yet) to go full-time in real estate
The fastest way to boost your income or get a substantial raise at work
Dave’s 2024 mortgage rate predictions and how low rates could go this year
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Ask Us Your Investing Question
Apply to Be a Guest on the “Real Estate Rookie” Podcast
Grab Your Copy of “Start with Strategy” and Use Code “STRATEGY356” for a 10% Discount
Sign Up for the Real Estate Investing Virtual Summit
Book Mentioned in the Show
Real Estate Partnerships by Ashley Kehr & Tony Robinson
Connect with Dave:
Dave's BiggerPockets Profile
Dave's Instagram
Catch Dave on the “On the Market”
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-356
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
How to Start Flipping Houses for Huge Profits in 2025 (Step-by-Step!)
“BRRRRing” His Way to Financial Independence EVEN in a Tough Housing Market
Should I SELL or RENT My House? + How to Finance Home Renovations (Rookie Reply)
Making $5K/Month Cash Flow from ONE Property (and Dodging a $100K Mistake)
Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
How to Buy Multiple Rental Properties a Year + Auctions 101 (Rookie Reply)
How to Do Your FIRST House Flip in 2024: Budgets, Renovations, and Loans
How to Buy Your First Rental Property (Out-of-State) in Just 90 Days!
How to Find Off-Market Properties WITHOUT Cold Calling! (Rookie Reply)
Renting WHILE Building Wealth by Buying Properties Close and Far from Home
Moving 1,500 Miles Away to Buy His First Rental with Just $25,000
How to Comp Rent/Home Prices and Why Going SMALL May Make You More (Rookie Reply)
$30K/Year Cash Flow from 2 Properties by Doing What Other Investors Won’t
Buying Her First Rental (on a Teacher’s Wage) by Looking Beyond Her Backyard w/Lauren Mattina
Cash Flow or Equity: Which One Should Beginners Invest for? (Rookie Reply)
How to Start, Manage, and Scale an Airbnb Business in 2024 (Step-by-Step)
8 Rentals in 3 Years While Working a Full-Time Job AND Remote Managing w/Luke Otto
3 Things That Will Kill Your Rental Property Cash Flow (Rookie Reply)
Buying His First Rental at 19 by Doing What Most Newbies Are Afraid to Do
Snowballing $20K Into 11 Rental Properties in Under 4 Years
Create your
podcast in
minutes
It is Free
The Business Of
BiggerPockets Real Estate Podcast
BiggerPockets Money Podcast
BiggerPockets Business Podcast
BiggerPockets Daily
The InvestHER Podcast