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cover of episode 177: The 3 Steps to Start Building Wealth with Real Estate in 2024

177: The 3 Steps to Start Building Wealth with Real Estate in 2024

2024/1/10
logo of podcast On The Market

On The Market

Shownotes Transcript

If you want to build a real estate portfolio) or make more money off of your current portfolio, there are** three steps you need to follow**. Real estate investing experts who built massive passive income have used these three steps for decades without even knowing it. Now, Dave Meyer is sharing them with you so you can build wealth), find financial freedom), and live the life you love.

**In his newest book, **)Start with Strategy), Dave goes over three crucial steps that the most successful investors have taken either before or while building their real estate portfolios. Today, we’ll walk through all three steps, helping you** design the life you want to live** BEFORE you buy investment properties, pick out EXACTLY which properties will help you get there, and learn how to **make the most money with the least properties **possible. No matter what stage you’re at in your investing journey, these three steps can help you hit your goals MUCH faster.

If you want to build wealth in 2024, pick up Start with Strategy) and use code “START177” at checkout to get 10% off PLUS pre-order bonus content!

In This Episode We Cover:

**Latest homeowner equity numbers **that put owners and sellers in an even better position

The** most and least home-equity-rich housing markets** in America

**Foreclosure risk **and how “negative equity” completely flipped since the Great Recession

The rise of “accidental investors” who are keeping more housing supply to themselves

Molly’s strong mortgage rate prediction and where she thinks rates will be by the end of this year

Whether or not equity could explode once again as buyers get back into the market

And So Much More!

Links from the Show

Find an Agent)

Find a Lender)

BiggerPockets Forums)

BiggerPockets Agent)

BiggerPockets Bootcamps)

Join BiggerPockets for FREE)

On The Market)

Join the Future of Real Estate Investing with Fundrise)

Connect with Other Investors in the “On The Market” Forums)

Subscribe to The “On The Market” YouTube Channel)

Dave's BiggerPockets Profile)

Dave's Instagram)

Kathy's BiggerPockets Profile)

Kathy's Instagram)

Henry's BiggerPockets Profile)

Henry's Instagram)

Grab “Start with Strategy” and Use Code “START177” at checkout for 10% off!)

Every Strategy I Used To Build My Portfolio for Financial Independence)

Book Mentioned in the Show

The Paradox of Choice) by Barry Schwartz

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-177

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