Does Real Estate Investing Still Work in 2024?

This chapter explores the viability of real estate investing in the current market. It covers strategies for finding good deals, emphasizes the importance of consistent investing, and provides an overview of BiggerPockets. The speaker also discusses long-term appreciation rates, compares real estate to investing in stocks, and shares predictions for the 2024 market.

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Investing in real estate can build you massive wealth. And here’s the secret no one wants to tell you: it isn’t all that hard. But before you jump to conclusions and call real estate a get-rich-quick scheme, let’s lay down the law. Investing in real estate is a simple, repeatable process that MANY Americans have used to get rich, but it takes knowledge and time to succeed. Where do you go to learn how to buy your first or next rental property? Well, you’re already here!

In this bonus episode, Scott Trench, CEO of BiggerPockets AND decade-long investor, will share his five-step, repeatable process for finding and analyzing real estate deals. Scott has taken the SLOW route to wealth. He doesn’t have a hundred units, a big real estate fund, or a yacht. But he does have a thirteen-unit passive-income-producing rental portfolio that pays him money every single month.

Stick around to learn how YOU can get your first or next rental property in 2024. Want full access to the tools and resources from this episode, including calculators and rent estimators? Sign up for BiggerPockets Pro and use code “STABLEWEALTH24” for a special discount!

In This Episode We Cover:

The five-step process to find real estate deals in any market

How Scott built a thirteen-unit real estate portfolio in under ten years

The slow, steady, repeatable path to wealth with buy and hold rental properties

Scott’s 2024 housing market, mortgage rate, and price predictions

How to choose a rental property market depending on your goals

And So Much More!

Links from the Show

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BiggerPockets Youtube Channel

BiggerPockets Forums