Investing in real estate can build you massive wealth. And here’s the secret no one wants to tell you: it isn’t all that hard. But before you jump to conclusions and call real estate a get-rich-quick scheme, let’s lay down the law. Investing in real estate is a simple, repeatable process that MANY Americans have used to get rich, but it takes knowledge and time to succeed. Where do you go to learn how to buy your first or next rental property? Well, you’re already here!
In this bonus episode, Scott Trench, CEO of BiggerPockets AND decade-long investor, will share his five-step, repeatable process for finding and analyzing real estate deals. Scott has taken the SLOW route to wealth. He doesn’t have a hundred units, a big real estate fund, or a yacht. But he does have a thirteen-unit passive-income-producing rental portfolio that pays him money every single month.
Stick around to learn how YOU can get your first or next rental property in 2024. Want full access to the tools and resources from this episode, including calculators and rent estimators? Sign up for BiggerPockets Pro and use code “STABLEWEALTH24” for a special discount!
In This Episode We Cover:
The five-step process to find real estate deals in any market
How Scott built a thirteen-unit real estate portfolio in under ten years
The slow, steady, repeatable path to wealth with buy and hold rental properties
Scott’s 2024 housing market, mortgage rate, and price predictions
How to choose a rental property market depending on your goals
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Rent Estimator
Rental Property Calculator
Connect with Other Investors on the BiggerPockets Forums
Grab the “Quick Start Guide” to Real Estate
Hear Scott on the “BiggerPockets Money” Podcast
Work with Rent to Retirement for Your First or Next Turnkey Rental Property
Books Mentioned in the Show:
Set for Life by Scott Trench
First-Time Home Buyer by Scott Trench
Connect with Scott:
Scott's BiggerPockets Profile
Click here to listen to the full episode: link
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices