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
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365: Rookie Reply: How to Analyze Deals Like a PRO (Use THESE Numbers & Tools)
364: Making $115K From a Nightmare First Deal (Cops, Evictions, and Break-Ins!) w/Mitch Krotz
363: How to Start an Airbnb Business in a Brand New Market w/Melanie Wilmesher
362: Rookie Reply: HELOCs Explained and How to Invest with BAD Credit
361: How to Buy Your First Rental Property When You CAN’T Get Approved for a Loan w/Mike Previtera
360: Trespassers Took Over My Property! (How to Get Rid of Squatters ASAP) w/Leka Devatha
359: From His Grandma’s Couch Making $15/Hour to $30K/Year from ONE Property w/Jaryn Pierson
358: Rookie Reply: Loan Pre-Approvals & Picking an Out-of-State Investing Market
357: The $120K Investing Mistake YOU Can Avoid on Your Next Home Renovation w/Justin Noe & Nate Cherubini
355: $25K/Month from ONE Property Thanks to a $180K Discount & Creative Finance w/Dayna Hicks
354: How to Unlock Off-Market Real Estate Deals with This “Personalized Pitch” w/Brett Long
353: From Rehab to Real Estate Investor Making $71K/Year from ONE Rental w/Matt McDermott
352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms
351: The BEST Rookie Investor Tips, Tricks, Hacks, and Advice of 2023
350: Rookie Reply: How to Start an LLC for Real Estate Investing
349: How to Use Public Data to Find Real Estate Deals That 99% of Investors Miss w/Ariel Herrera
348: How to Take Your Real Estate Business to the Next Level in 2024
347: How to Quit Your W2 Job and Become a Full-Time Real Estate Investor w/Matthew Marcelissen
346: The Multifamily Investing Masterclass: How to Get Started in 2024 w/Andrew Cushman
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