The Importance of Money and Risks in Wealth Building

This chapter discusses the importance of having money to invest in wealth building and the potential risks involved. They mention a book called Pillars of Wealth that offers a holistic approach to wealth building.

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Got just enough savings to buy a rental property? Before you pull the trigger, you’ll want to hear today’s episode because you could be making a big mistake. Speaking of buying, are future rate cuts going to push mortgage rates down so low that buyers and bidding wars flood the market? Is this your last chance to get in before home prices shoot back up? Don’t worry; we’re getting to all these questions in this week’s Seeing Greene.

David is back and better/balder than ever as he answers your real estate investing questions. First, a young house hacker wants to know what he should do when there are no good deals in his area. Then, another young investor debates whether they should buy a rental or invest in stocks instead. Unfortunately, there’s one big problem he’s overlooking. A new investor wonders if she should dump her ENTIRE savings into a second home, and a realtor asks for lead generation tips. Finally, David gives his take on what will happen when mortgage rates finally fall this year.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

What to do when you can’t find a cash-flowing deal in your area

Whether to invest in real estate, invest in stocks, or keep saving and wait

Mortgage rate cut predictions and the “tsunami” of buyers that could flood the housing market

The BIG problem with dumping your savings into a rental property

The TRUTH about real estate investing that none of the gurus will ever tell you

How to get more real estate leads by NOT following the basic agent/investor trends

And So Much More!

Links from the Show

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