Do you have around $25,000 saved? Good news—you can invest in real estate! There are several ways to get started, but which investing strategy reigns supreme? We’ll show you how to get the best bang for your buck so you can buy your next investment even faster!
Welcome to another Rookie Reply! We went back into the BiggerPockets Forums and Real Estate Rookie Facebook group and found more investing questions from beginners just like you. Today’s first question comes from an investor who’s struggling to pick a market. Should they hone in on a single area, or will scouring multiple markets speed up their search for the perfect deal? You might be surprised to hear where Ashley and Tony land on this one!
Then, we’ll hear from an investor who has saved $25,000 to put towards their first rental property. Like many rookies, they’re looking to scale their real estate portfolio fast, so we’ll share our favorite strategies for doing just that—including a few outside-the-box ideas. Finally, how do you vet a co-signer when screening tenants? We’ll show you how to cover all your bases!
Looking to invest? Need answers? Ask your question here!
In This Episode We Cover
How to start investing in real estate with just $25,000 (or less)
The best ways to put low (or no) money down on a rental property
How to pick the right market to invest in (and when to pick multiple!)
The key to finding more real estate deals with a “narrow” buy box
How to properly vet a co-signer for your new tenant’s lease
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-544
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