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Money Guy Show
Should You Worry About a Housing Crash in 2024? with Dave Meyer of BiggerPockets
Feb 16, 2024
Dave Meyer, real estate investor and author of Start with Strategy, joins the podcast to discuss the housing market, tips for investors, and his new book. Topics include entering real estate without formal education, affordability and demand in the market, maximizing ROI, tenant screenings, and the importance of strategy in investing.
48:44
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Quick takeaways
- Real estate investing requires a well-defined strategy and clear financial goals to avoid hasty decisions.
- Active participation and management are necessary for successful real estate investing, with the option to hire a reliable team to lighten the workload.
Deep dives
The Importance of Starting with a Real Estate Strategy
It is crucial to begin real estate investing with a well-defined strategy and clear financial goals. Without a strong strategy, it's easy to get overwhelmed by the abundance of options and make hasty decisions. Understanding one's risk tolerance, available time commitment, and desired financial outcomes is essential before diving into the real estate market.
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