Want to Buy Real Estate in 2025? Listen to This FIRST (Best Advice of 2024)

31 snips

Dec 23, 2024

Guest

Scott Trench, CEO of BiggerPockets, shares honest insights on navigating today’s high-cost real estate market. Chad Carson reveals how a small portfolio can lead to financial freedom, debunking the myth that you need many rentals. Ashley Kehr offers beginner-friendly tactics for investing with just $50,000, while Henry Washington highlights the importance of choosing the right markets. The discussion also touches on the potential impact of political changes on the housing landscape, making it a must-listen for future investors!

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INSIGHT

Real Estate Remains Viable

Real estate remains a good investment, especially for the long term.
Investors must be active, adaptable, and resourceful in the current market.

ANECDOTE

Scott's First House Hack

Scott Trench bought his first house hack, a duplex, for $240,000 with a low down payment.
Today, the same property would have significantly higher costs and rent, illustrating the market shift.

ADVICE

Advice for New Investors

New investors should prioritize saving, be willing to make sacrifices, and add value to properties.
These strategies are crucial for building long-term wealth through real estate.

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