I Like Lee Jen Only Because David Takes House Hacking | 4min snip from BiggerPockets Real Estate Podcast

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730: How to Start a Real Estate Portfolio with Just $10K

BiggerPockets Real Estate Podcast

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I Like Lee Jen Only Because David Takes House Hacking

House hacking is the process of buying a house and renting it out to different tenants. The timeline for this strategy can be relatively short, so you don't really spend any money until you buy the house. House hacking allows you to learn the fundamentals of real estate in a low risk way. It's not like you spent all this money and you got to get a return on your capital.

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Want to know how to invest in real estate with $10,000? For most people, $10,000 doesn’t sound like enough to start a rental property portfolio. But today, you’ll learn exactly how to turn this easily savable amount of money into the foundation for financial freedom. If you want to know the nine ways you can begin building wealth through real estate with $10,000 or less, stick around!

David Greene, Henry Washington, and Rob Abasolo all started their real estate investing journeys without stacks of cash. They had to scrimp, save, and hustle to get to their first property. But, once the cash flow wheel started to turn, all of these investors quickly multiplied their real estate holdings and sailed straight for financial independence. And now, they want to help you do the same!

David, Henry, and Rob all share their favorite ways to invest in real estate with $10,000, the risks and rewards of each of these strategies, and pit each method against the others in a strategic showdown on the BEST way to invest in real estate with little money. They even share the fastest ways to save up $10,000, so you can start investing sooner! So if you want to make 2023 THE year you start investing, even if you don’t have much savings, stick around!

In This Episode We Cover:

How to invest in real estate with $10,000 or less

The nine best strategies that rookie investors can use to get their first property

How to save $10,000 and which side hustles will make you the MOST cash

Cash flow vs. appreciation and which markets are worth investing in

The “rental arbitrage” strategy that can make you THOUSANDS a month (with a LOW investment)

The riskiest ways to get into real estate and which strategies newbies should AVOID

A free way to ensure your success when investing that many people overlook

And So Much More!

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