Can You Get into Real Estate for $100?

Looking to get into the real estate game but lack the tens of thousands of dollars for a down payment? Well, let us give you a tour!

Two Cents on Twitter: @twocentspbs

Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Philip Olson, CFP® and Julia Lorenz-Olson
Executive Producer: Amanda Fox
Produced by: Katie Graham
Edited & Animated by: Dano Johnson
Images by: Shutterstock
Music by: APM

[Supermateo]

Youtube's _REAL_ best couple coming to give us that sweet knowledge once again.

[MagnitudeMoney]

I tried to invest in bounce houses, but kids aren't the best tenants and there was a lot of inflation in the market. 💸🔥

[SteveRam]

Speaking as a real estate investor and Youtuber I have to say great job breaking that down. Really enjoyed it.

[patricks]

I always look forward to watching 2 cents. They should play this videos in high schools to get students interested in managing their finances

[salehmohamed]

thank you so so much, this is one of the top 3 youtube channels,

[quahntasy]

*You are the best couple ever on You Tube educating us during the big Rona times. Love you guys*

[secondtips]

Came for the cash, stayed for the 'stache.

[financiallift]

Here's the trick, buy a toy home, rent it out to children, rack in massive profit!

[edgartolete]

very underrated channel. and I know why, people likes entertainment more than educational.

[AxelQC]

Because REITs don't pay taxes, you are expected to pay the taxes when you receive dividends. You can shelter yourself from taxes by buying REITs in a ROTH IRA/401k account. That way the dividends paid to you are never taxed if you withdraw them in retirement.

[MilnaAlen]

Also a town in Italy actually sold houses for 1 dollar, though you had to pay a deposit you got back if you renovated and moved in whitin 3 years. And the houses were damaged by an earthquacke.

[Raatcharch]

I'm used to you guys talking about the downsides of any given investment strategy. You gave none for publicly traded REITs. Which makes me feel like they're too good to be true.

[jaymcintosh]

Two cents: Real estate for 100
Me: *clicks at lightspeed*

[beasttitanofficial]

Totally meaningless comment but Julia looks super cute with that outfit

[littraders]

I know how difficult we are due to COVID 19 pandemic.Therefore, I choose not to skip the ads as support for your Youtube Channel. All the best!

[TJStrawberry]

I’m really surprised they didn’t talk about how risky buying Mortgage REITs and Mortgage backed securities are. One of the biggest reasons for the 2008 housing crisis was because of greed from banks selling these securities

[ezinvestor]

I love my REITs especially O, MAIN, IRM. It's a slow wealth building process at first but over time the compounding dividends adds up

[joeybooks]

The minimum FHA loan down payment is 3.5% if your credit score is at least 580. You have to put at least 10% down if your credit score is 500 to 579.. Some extra steps yes but imagine $8000 down for a $250000 property. With closing cost and some other fees it means $10000 or bit more to actually get that mortgage.

[ankitkochhar]

I founded this channel 2 days ago and have already watched all of their videos and that has been really helpful. Its like elder sister and brother in law are both helping me with my Finances. I love you guys, thank you!

[The.Dude.Abides.]

Yeah, it’s called a REIT. Be aware though that a REIT is more designed as an income type investment which means it focuses more on paying the investor income rather than focusing on growth of the principal.