Real Estate Rookie

How to Invest in Real Estate with an AVERAGE Salary (Under $75K) in 2025

Mar 5, 2025

Join real estate investor Luke Carl, who brings a wealth of experience and a fresh perspective on investing strategies for beginners. He shares how to navigate the current housing market on a salary of $75K or less. Discover Luke's recommendations for targeting fixer-uppers and the benefits of creative financing options, like the NACA loan. The conversation also dives into house hacking strategies, the importance of mentorship, and tips for managing rentals effectively—all tailored for new investors looking to make their mark.

44:37

Episode guests

Luke Carl

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Episode notes

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Quick takeaways

Forming partnerships or utilizing creative strategies like house hacking can help average earners invest effectively in real estate.

Increasing income through a higher-paying job or side hustle is vital for saving towards a down payment on a property.

Deep dives

Starting from Scratch in Real Estate

Investing in today’s real estate market requires a strategic approach, especially for newcomers. One suggested method is house hacking, where a new investor can purchase a multi-unit property and live in one unit while renting out the others. This not only offsets mortgage costs but also provides an opportunity to build equity. Utilizing specialized loan products, such as the NACA loan, can enhance affordability as it offers zero down payment options and low interest rates, making it easier for beginners to enter the market.

Intro

5min

Investing in Real Estate on a Budget

6min

Essential Services for Real Estate Investors

2min

Navigating Mortgage Preapproval

4min

Strategies for First-Time Real Estate Investment on a Budget

3min

Effective House Hacking Strategies

4min

Navigating NAC Loans and Smart Hiring Strategies

8min

Essential Steps for Rookie Real Estate Investors

11min

The Power of Focus in Real Estate Investing

2min

If you want to know how to invest in real estate in 2025, even if you earn an average salary, you’re in the right place. In this episode, we’re going to break down the exact steps YOU can take to buy your first or next rental property—yes, even in today’s tough housing market!

Welcome back to the Real Estate Rookie podcast! Today, Ashley, Tony, and investor Luke Carl are going to share how they would invest in real estate in 2025 if they were starting from scratch. We’ll look at today’s housing market from the perspective of someone who earns an average salary of $75,000 or less and share our favorite strategies, property types, and loans for a beginner.

Stay tuned to learn why Ashley recommends forming a partnership for your first real estate deal, why Tony loves the NACA mortgage, and why Luke likes to target properties that need a little love. We’ll also share our top tips for new investors—from getting a mentor and building rapport with lenders to avoiding “shiny object syndrome” and fast-tracking your savings for a bigger down payment!