Real Estate Rookie Real Estate vs. Stocks: Which Will Make You MORE Money? (Rookie Reply)
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Feb 21, 2025 Mindy Jensen, co-host of the BiggerPockets Money Podcast and a seasoned real estate investor, joins the discussion on investment choices for 2025. The conversation dives into whether to prioritize real estate or stocks and reveals clever strategies to leverage both. They tackle how to build credit for mortgage approval and debunk myths surrounding credit repair companies. Mindy also emphasizes the necessity of having multiple exit strategies while navigating tricky investment situations. Tune in for practical tips and creativity in making your money work!
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Credit Repair Tips
- Repairing credit takes time; use reputable companies like CreditSaint.com.
- Prioritize on-time payments, manage debt, and keep old credit lines open.
Benefits of Good Credit
- Good credit improves interest rates and loan approval chances.
- Involve your mortgage lender for tailored credit-building strategies.
Real Estate vs. Stocks
- Evaluate your desire for homeownership and house hacking before investing.
- Consider selling your car and paying off student loans if interest rates are high.