How To Get Started In Real Estate

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[Healthwithleo]

just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[dianesullivan]

It’s hard to nail down specific predictions for the housing market because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

[WillMotivation]

Investing in Real estate has changed my life dramatically. I highly recommend people consider owning real estate as a part of their investment portfolio.

[miguelpoky]

A phenomenal tip I have is to improve your people skills. Learn about salesmanship, reading people, personality types, body language, how to effectively communicate, how to win people to your way of thinking, you can have all the real estate knowledge in the world but, if you can't actually communicate effectively with people than it will be a lot harder. A lot of real estate isn't about the houses it's about the people dealing with them. The more you learn the more you earn.

[sorenv]

I am 14 years old and I just got hooked on real estate! Trying to educate myself and start early✊🏼

[ienjoyapples]

I wonder what it's like having Dave as your landlord.

[MiguelGarcia-rvnj]

Dave R. I dont know much English but I know I have the words I need to have to appreciate all you give. These are; THANK YOU SO MUCH!

[tigerrx]

First time hearing Uncle Dave going this deep into real estate. Very solid knowledge transfer here.

[rachellawrence]

I love how helpful Dave is! Not everyone would break it down like this!!

[antonnishingles]

Awesome info! Especially the ballpark percents ranges at the end of the call.

[joycecastona]

Keep in mind though, there are property taxes, insurance and maintenance every year. Rental properties have expenses and renters live pay check to pay check and often have issues paying rent.

[raulgolfs]

This is exactly what I’m looking into doing as soon as I get through baby step 3! 🙌🏽

[ChrisInvests]

Trust the agents but verify the information! They will not be as fussy as you are when committing to a property for possibly the rest of your life 🤔🏡

[shizue-wn]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them.

[youwillwindaily]

Want to learn real estate? A very good place to start is signing up at your local REIA ( real estate investor association). Almost every decent size city has a Reia. And the cost is around 100-150 per year.

[oliverweldner]

Thats nice advice. If you look at 50 properties you get a really good feeling about what you get for which price and the best of these 50 is still representing a good property on the market.

[ckolodin]

I am a realtor, disclaimer. I have invested myself on several pieces of real estate. We also handle commercial transactions for clients. A professional experienced realtor is invaluable. Remember, if you are a buyer, you don't pay anything to hire a realtor.

[TrailerCashAcademy]

Learned a ton in this! Thanks for sharing!

[chrisrefaei]

Amen to this im currently struggling and back and forth of should i go into financing 3 houses instead of just buying one cash. And out of all the bs of why to and why not i love the first statement Ramsey says which is (paying for the lump some in cash makes you slow down...) You care more now because it's your money not the banks not private investors but yours so you're really paying due diligence. Thank you Ramsey for the indirect pep talk.

[peterpekic]

Buy a 2-Family live in 1 unit, rent the other.... and off you go!