How to Start Investing in Real Estate THIS Year (+2024 Predictions)

Episode #356

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: https://store.biggerpockets.com/produ...

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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Grab Your Copy of “Start with Strategy” and Use Code “STRATEGY356” for a 10% Discount:
https://store.biggerpockets.com/produ...
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Sign Up for the Real Estate Investing Virtual Summit:
https://biggerpockets.com/virtualsumm...
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Grab Ashley and Tony’s New Book, “Real Estate Partnerships”:
https://store.biggerpockets.com/produ...
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Catch Dave on the “On the Market”:
https://link.chtbl.com/OTM
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Connect with Dave:
BiggerPockets: https://www.biggerpockets.com/users/d...
Instagram: @thedatadeli or   / thedatadeli  
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or   / wealthfromrentals  
Tony: @tonyjrobinson or   / tonyjrobinson  


Show notes at: https://link.chtbl.com/Rookie


00:00 Intro

01:28 What Do YOU Want?

08:17 Overcoming Financial Anxiety

10:02 Investing Virtual Summit!

10:43 Step 1. Vision and Values

19:18 Step 2. Look At Your Income

26:50 Step 3. Money, Skills, and Time

37:28 2024 Mortgage Rate Predictions

48:15 Grab Dave's Book!