How to Invest in Real Estate for Beginners (Advice for Young Investors)

In this Succeed REI podcast episode, I spoke with an aspiring young investor who is starting college this year and looking to get started in real estate. He had a lot of questions, not the least of which was how to get financing for his first rental property without much capital or experience.

Check out the full podcast to learn what I told him!

Timestamps:
0:00 - Introduction
2:06 - Guest Introduction
3:09 - Overcoming Financing Obstacles
5:37 - Pitching to Private Lenders
6:15 - Overview of Financing Options
10:24 - Establishing Lender Relationships
11:20 - Growth via Private Financing
12:39 - Starting with Bank Financing
13:42 - Building Credit for Financing
15:13 - Side Hustle Ideas in College
16:43 - Starter Strategy: House Hacking
21:50 - House Hacking Benefits
27:23 - FHA vs. Conventional Loan Comparison
29:16 - Exploring Specialty Loans
30:31 - Partnering in Investments
36:28 - Selecting a Degree for Real Estate Careers
43:02 - Degree Choices and Career Success
45:24 - Importance of Sales & Marketing in Business
47:13 - Strategies for FHA Loans and Refinancing
52:21 - Single vs. Multi-Family House Hacking
1:04:51 - Considerations for Upgrading House Hacks
1:06:31 - Managing Debt-to-Income Ratio
1:08:00 - Market Analysis Tips
1:11:17 - Scaling Investment Strategies
1:15:03 - Navigating For Sale By Owner Deals
1:18:14 - Seller Financing Examples
1:19:04 - Direct Seller Negotiation Tactics
1:21:01 - Finding Seller Financing Opportunities
1:22:27 - Book Recommendations & Learning Resources

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HOUSE HACKING RESOURCES🏡💵💲:

If you’re just starting out and considering buying your first house hack, check out my free ebook: The House Hacking Success Checklist. It will go over 7 things that you should be working on and making sure you do BEFORE you buy your first house hack!

Check it out here: https://mailchi.mp/a97196c03faa/house...

Join my Free House Hack Mastery Group over on Skool.com, link here:
https://www.skool.com/house-hack-mast...

Affiliate / Video Links and Free Giveaways:

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Best platform for finding off-market real estate deals (PropStream.com):
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sign up for a free 7-day trial to test it out!
tons of features for finding and marketing to motivated sellers and cash buyers
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Rental property analysis video playlist:    • How to Analyze a House Hack Listing  

My free sample rental application: https://mailchi.mp/3050a8472b29/sampl...
Watch the video here:    • Include THIS in Your Rental Applications |...  

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Instagram:
  / succeed_rei  

Facebook pages:
  / succeedrei  
  / serenity518  

LinkedIn:
  / vitaliyvolpov  

TikTok:
https://www.tiktok.com/@succeedrei?_t...

Attorney Profile:
https://www.woh.com/attorneys/79/vita...

My blog: http://www.succeedrei.com

My real estate brokerage: https://www.serenityrealestate518.com/
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DISCLAIMER: please note that the information contained in this video is for educational and entertainment purposes only. You should always consult your own attorney and your own financial and tax advisors before making any legal or financial decisions. This video is not intended to and does not create any attorney-client relationship between the content creator and the viewer. The views and opinions expressed in this video belong solely to the creator and do not reflect those of his law firm or any of his business partners.