
Real Estate Rookie
Real Estate vs. Stocks: Which Will Make You MORE Money? (Rookie Reply)
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!
38:14
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Quick takeaways
- Building credit effectively requires timely payments and low credit utilization, as these significantly impact your credit score.
- Investing in both real estate and stocks allows for greater financial flexibility and strategic exit options tailored to market conditions.
Deep dives
Understanding Credit Repair
Repairing credit is a time-intensive process that requires a consistent pattern of on-time payments over a significant period. Payment history constitutes a substantial portion of the credit score, making it crucial to always pay bills timely. Individuals like Ricky should approach reputable credit repair agencies, such as CreditSaint.com, while being cautious of fraudulent services. Maintaining low credit utilization, ideally below 30%, and keeping older credit accounts open can further enhance one's credit profile.
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