Episode #544
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Do you have around $25,000 saved? Good news—you can invest in real estate! There are several ways to get started, but which investing strategy reigns supreme? We’ll show you how to get the best bang for your buck so you can buy your next investment even faster!
Welcome to another Rookie Reply! We went back into the BiggerPockets Forums and Real Estate Rookie Facebook group and found more investing questions from new beginners just like you. Today’s first question comes from an investor who’s struggling to pick a market. Should they hone in on a single area, or will scouring multiple markets speed up their search for the perfect deal? You might be surprised to hear where Ashley and Tony land on this one!
Then, we’ll hear from an investor who has saved $25,000 to put towards their first rental property. Like many rookies, they’re looking to scale their real estate portfolio fast, so we’ll share our favorite strategies for doing just that—including a few outside-the-box ideas. Finally, how do you vet a co-signer when screening tenants? We’ll show you how to cover all your bases!
00:00 Intro
00:50 Picking a Market
07:13 How to Invest $25K
16:17 Vetting a Co-Signer
26:22 Ask Your Question!