BiggerPockets Real Estate Podcast cover image

BiggerPockets Real Estate Podcast

931: How to Build a Real Estate Portfolio from Scratch in 2024

Apr 8, 2024
Learn how to start investing in real estate with $10,000 and a median-income job from Dave Meyer, David Greene, and Rob Abasolo. They discuss beginner-friendly ways to build a real estate portfolio, using $10,000 wisely, beginner investing strategies, and leveraging other people's money. Get tips on starting from scratch in real estate investing even with limited savings.
43:52

Podcast summary created with Snipd AI

Quick takeaways

  • Starting with a $10,000 budget, beginners can invest in real estate using primary residence house hacking for financial freedom.
  • Equity plays a crucial role in creating options and flexibility for scaling real estate portfolios and future opportunities.

Deep dives

Starting from Scratch with Real Estate Investing

The strategy discussed involves building a real estate portfolio from scratch with a $60,000 salary, a $400 car payment, and $10,000 in savings. The concept of starting with primary residence house hacking is emphasized, where each year a new property is acquired to rent out rooms, utilizing low down payment conventional loans for leverage.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode