BiggerPockets Real Estate Podcast

The Simple, Repeatable Path to Wealth with Real Estate in 2024 w/Scott Trench

Dec 5, 2023
Discover the simple, repeatable process for finding and analyzing real estate deals. Learn how Scott Trench built a thirteen-unit real estate portfolio in under ten years. Get insights on the 2024 housing market, mortgage rates, and price predictions. Find out how rising interest rates will impact the real estate market. Learn valuable tips on finding and analyzing potential real estate properties. Understand how to refine your buy box criteria and take action in real estate investing.
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ADVICE

Practical Real Estate Investing

  • Buy properties in great locations at fair prices, prioritizing long-term value.
  • Focus on one-to-four-unit properties with fixed-rate debt and positive cash flow.
INSIGHT

Real Estate and Inflation

  • Real estate investment is fundamentally a bet on long-term inflation in housing prices.
  • Consider the Case-Shiller Index for understanding historical appreciation trends in your target market.
ADVICE

Timing the Market

  • Avoid trying to time the real estate market, similar to index fund investing in stocks.
  • Invest consistently when your cash position allows, focusing on long-term growth.
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