How I'd Invest in Real Estate From Scratch (in 2024)

I've always talked about the benefits of real estate investing because it's the main way that my net worth has significantly increased.

But times are different now compared to when I started, and I constantly get asked what I would do if I had to start all over today.

So in this video, I'm going to share with you my tips on exactly what I would do to start investing in real estate in 2023!
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#realestateinvesting #realestate #realestateinvestor

*Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites. The information in this video is accurate as of the posting date but may not be accurate in the future.

[grabthemappodcast]

Your emphasis on community and team-building in real estate investing is spot on. Integration into a community of real estate investors provides support and knowledge-sharing opportunities.

[angelsinvestmentgroup]

It has to be said that as long as space remains limited, housing will always have value as a hard asset, so no matter when and where you begin investing you will see benefits, and even if the market's in a choppy state and you do see some minor losses, the lessons you'll learn throughout your investment journey will be worth the downpayment.

[epictetus]

Would love to see some numbers on your properties - cash on cash return, cashflow, maintenance, capital expenditures etc

[rumahjakartabekasidijual]

Real estate investing: A journey of learning, growing, and building financial stability

[thewilliams-]

The only thing one can do in a recession is make sure you're ready and plan accordingly because recessions are a natural part of the economic cycle. I began my career during a recession (2009). Aerial acrobatics on cruise ships was my first job out of college. I've developed my own business, am a vice president at a large corporation, own three rental homes, invest in stocks and businesses, and have seen a growth in my net worth of two million dollars over the past four years.

[Mavis-Jason]

*Amazing content. You are still the best! It's been a year since I found ways to improve my finances and by working with a recognized professional, I was able to achieve financial independence. I have to say this; “As long as you have determination and work hard, you can achieve anything you set your mind to.”*

[paulmiracle]

Am 21 years old from Nigeria but i don know where to start but i will keep researching

[Scott]

The video was interesting, but I really like the last note

[Raymondjohn]

I'm a single, 43-year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.

[mikef]

I think a great way to start is your backyard and garage, especially in areas that are extremely expensive. I am dipping my hands into building ADUs. I am about to finish with my garage, which was converted into a Jr. ADU. My next step is to build an ADU in the backyard. I am located in CA.

[ohmy...]

Hi Sean, what's your opinion about investing in retirement accounts vs real estate? Did you max out your retirement accounts and used the extra funds for real estate? Or did you go all in on real estate? Would love to hear your strategy

[AprilRae]

Great episode Sean 🌟 With today's sky-high interest rates and soaring home prices, your breakdown of entering the real estate market from scratch is super relevant. I appreciate the focus on practical steps like financial preparedness and building a network through meetups and conferences. What would you recommend as the best ways to approach financing options in this high-interest rate environment? Any specific tips for negotiating better terms with lenders would be hugely beneficial! Keep these insights coming!

[LeviForWaifu]

Hey man. Seen a lot of crying about this so please feel free to make a short about this:

IRS allows a 10k withdrawal from IRA accounts within your lifetime penalty free to be used for purchase, construction or "reconstruction" of first home.

From one's day job, Put money into 401k and get the company matching, then roll it over into a Traditional IRA (penalty free), then pull it out penalty free to use for home down payment. (You will owe income taxes in the year you do it, no penalty)
I just did this in Year 2022, it works and is fully supported by TaxAct and other software for reporting what happened.

Love your channel, keep holding people accountable.

[Leomcc]

I mean if you start up a small business and put 20% into investments then 20% into re-investments in your business and the rest can be for tax and bills and anything else you have to pay for to keep

[cesarmurph]

My aunt passed away, and I inherited part of her portfolio and cash savings. I'm 38 years old, and everyone always tells me to invest. So, what stocks are good long-term investments? My sole big plan is to use my gains to buy a house in five years.

[billbonu]

25 countries ditched the u s dollar last year alone.keep stackin em up!!

[zorgee]

i think it's simplifying it by saying we just ear passive income with little hassle. The heart of REI is about management. Property management of 34 units remotely in even more than 2/3 states is not little hassle. I manage a lot more units than that and it's plenty hassle.

[walkerbot]

I’m 13 watching this because my dad does this and I’m very confused

[husbandandwifeteamak]

Great insights on starting fresh in real estate. Thanks!

[builtra]

I've been following your journey for a while now, and I'm constantly inspired by your insights and experiences. Your videos have been a goldmine of knowledge for me

One thing that has always intrigued me about real estate investing is what happens after the sale. It's clear you've got the buying and selling game down, but what about the ongoing challenges of property management? Have you ever encountered unexpected hurdles, like tricky tenants or maintenance issues, that really tested your skills?

I'm also curious if you've ever considered taking your investment properties to the next level with construction or renovations? It seems like a logical step to increase property value, but maybe there are reasons why you haven't ventured into that territory yet. I'd love to hear your thoughts on this!

Keep up the fantastic work on your channel. Your content is not only informative but also incredibly engaging. Looking forward to your next video!