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cover of episode Late Start to Real Estate? Investing in Your 50s/60s (Rookie Reply)

Late Start to Real Estate? Investing in Your 50s/60s (Rookie Reply)

2025/6/27
logo of podcast Real Estate Rookie

Real Estate Rookie

AI Deep Dive AI Chapters Transcript
People
A
Ashley Kerr
G
Garrett
T
Tony J. Robinson
Topics
Ashley Kerr: 我认为61岁开始投资房地产并不晚。重要的是要根据自己的目标和时间表来选择合适的策略。考虑到丈夫在建筑行业工作,可以更多地考虑翻新策略。或者,也可以考虑BRRRR策略,通过翻新房产来回收资金。鉴于当前市场条件,我不建议进行房产翻新,应该购买有升值潜力的房产,并进行市场分析。应该购买收支平衡或略有现金流的房产,让资金随着房产升值而增长。如果你们已经经营着成功的企业,不应该通过翻新房产来创建第三个企业。 Tony J. Robinson: 我同意Ashley的观点,61岁开始投资并不晚。重要的是要选择适合自己的策略。我认为BRRRR策略是最好的,因为可以建立被动收入,同时利用资本和技能。你们现在的情况很好,只要花时间、买得对、坚持下去,就会有一个美好的投资生涯。

Deep Dive

Chapters
The episode begins by addressing a 61-year-old couple's question about starting real estate investing. The hosts discuss various strategies like buy-and-hold, fix-and-flip, BRRRR, and wholesaling, considering their $100,000 cash and successful careers. They debate the best approach given the current market conditions, weighing speed and risk tolerance.
  • Starting real estate investing at 61 is not too late.
  • Buy-and-hold is a long-term strategy, while flipping and BRRRR offer faster wealth building.
  • Market conditions influence strategy choice; flipping might be riskier in a buyer's market.
  • Leveraging existing assets like home equity or brokerage accounts is recommended.

Shownotes Transcript

Welcome to another Rookie Reply, where Ashley and Tony answer questions from the BiggerPockets Forums and Real Estate Rookie Facebook group.

This time, we’re covering questions like:

Is 61 too late to start investing, and what's the best strategy to build wealth fast?

Can a rookie realistically fund a high-value first flip in Miami?

Should a young, high-income couple cash out or invest out-of-state due to tough local market conditions?

Looking to invest? Need answers? Ask your question here)!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-580)

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). 

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