On The Market

177: The 3 Steps to Start Building Wealth with Real Estate in 2024

Jan 10, 2024

Discover the three essential steps to building wealth with real estate in 2024. Learn how to design your desired lifestyle before investing, pick the right properties, and maximize your earnings. Find out about the latest homeowner equity numbers, the most and least home-equity-rich housing markets, and the rise of accidental investors. Dave Meyer shares his strategies in his new book, providing valuable insights and offering a discount code for listeners.

37:53

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Quick takeaways

Establish a clear vision aligned with personal goals and adaptable to life circumstances when developing a real estate investing strategy.

Design your real estate deals to align with your goals by selecting the right strategies, evaluating pros and cons, and optimizing deal design for success.

Deep dives

Vision and Personal Goals

The first step in developing a real estate investing strategy is to establish a clear vision of where you want to go and what you want to accomplish. This includes identifying your personal goals, such as financial freedom or a specific lifestyle you desire. Your vision should align with your values and be adaptable as your life circumstances change. It's crucial to regularly revisit and refine your vision to ensure it remains relevant and aligned with your evolving priorities.

Introduction

2min

Personalized Real Estate Investing Strategies

8min

The Importance of Having a Clear Vision in Real Estate Investing

8min

Finding and Choosing a Real Estate Investment Strategy

6min

Reviewing and Managing Your Real Estate Portfolio

11min

Exploring a Real Estate Investing Book and Promoting a Free Report

4min

If you want to build a real estate portfolio or make more money off of your current portfolio, there are three steps you need to follow. Real estate investing experts who built massive passive income have used these three steps for decades without even knowing it. Now, Dave Meyer is sharing them with you so you can build wealth, find financial freedom, and live the life you love.

In his newest book, Start with Strategy, Dave goes over three crucial steps that the most successful investors have taken either before or while building their real estate portfolios. Today, we’ll walk through all three steps, helping you design the life you want to live BEFORE you buy investment properties, pick out EXACTLY which properties will help you get there, and learn how to make the most money with the least properties possible. No matter what stage you’re at in your investing journey, these three steps can help you hit your goals MUCH faster.

If you want to build wealth in 2024, pick up Start with Strategy and use code “START177” at checkout to get 10% off PLUS pre-order bonus content!

In This Episode We Cover:

Latest homeowner equity numbers that put owners and sellers in an even better position

The most and least home-equity-rich housing markets in America

Foreclosure risk and how “negative equity” completely flipped since the Great Recession

The rise of “accidental investors” who are keeping more housing supply to themselves

Molly’s strong mortgage rate prediction and where she thinks rates will be by the end of this year

Whether or not equity could explode once again as buyers get back into the market

And So Much More!

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