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
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344: How to Build Wealth Through Real Estate FASTER with a “Limitless” Brain w/Jim Kwik
342: How to Buy Real Estate WITHOUT The Banks (Private Money Explained)
341: No Cash to Invest? Use THIS Side Hustle to Help Buy Your First Rental w/Dan McDonald
340: Why Self-Storage Beats Rental Properties w/AJ Osborne
339: A Beginner’s Guide to the BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat)
338: Rookie Reply: How to Find RARE Rentals by Buying Properties in Preforeclosure
337: $12K/Month from 4 Rentals: How to TRIPLE Your Revenue by “Reinvesting” w/Zoey Berghoff
336: Rookie Reply: What is ARV in Real Estate & Why It’s Crucial to Get Right
335: 8 Rentals in UNDER 1 Year: A Rental Property Financing Masterclass w/Tim Yu
334: Rookie Reply: Non-Renewal Notices, Rental Arbitrage, and Hard Money 101
333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen
332: Rookie Reply: First Rental? Security Deposits, Credit Checks, & Evictions 101
331: How to Find Your Perfect First Rental Property (Even in an Expensive Area) w/Lyrva Sanchez
330: The Rookie’s Step-by-Step Guide to Home Renovation Projects w/Serena Norris
329: Buying a Rental Property for $80 with This Loan w/Clint Campbell
328: David Greene on The 3 "Pillars" of Wealth That Lead to Financial Freedom
327: From Parents’ Basement to Full-Time Investor and $2,500/Month with ONE Rental w/Noah Sprimont
326: The Step-by-Step Guide to Finding the BEST Off-Market Real Estate Deals w/Nate Robbins
325: How to Retire with “Turnkey” Rental Properties (as a COMPLETE Beginner) w/Sam Dolciné
324: Rookie Reply: How to Make an IRRESISTIBLE Offer Through Creative Financing
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