Episode #887
Got just enough savings to buy a rental property? Before you pull the trigger, you’ll want to hear today’s episode because you could be making a big mistake. Speaking of buying, are future rate cuts going to push mortgage rates down so low that buyers and bidding wars flood the market? Is this your last chance to get in before home prices shoot back up? Don’t worry; we’re getting to all these questions in this week’s Seeing Greene.
David is back and better/balder than ever as he answers your real estate investing questions. First, a young house hacker wants to know what he should do when there are no good deals in his area. Then, another young investor debates whether they should buy a rental or invest in stocks instead. Unfortunately, there’s one big problem he’s overlooking. A new investor wonders if she should dump her ENTIRE savings into a second home, and a realtor asks for lead generation tips. Finally, David gives his take on what will happen when mortgage rates finally fall this year.
Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!
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Books Mentioned in This Episode:
Pillars of Wealth: https://store.biggerpockets.com/products/pillars-of-wealth?utm_source=youtube&utm_medium=description&utm_campaign=none
The Small and Mighty Real Estate Investor: https://store.biggerpockets.com/products/small-and-mighty-real-estate-investor?utm_source=youtube&utm_medium=description&utm_campaign=none
SOLD: https://store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=owned_media
Jab, Jab, Jab, Right Hook: https://www.amazon.com/Jab-Right-Hook-Story-Social/dp/B0BZS62R4L/ref=tmm_aud_swatch_0?_encoding=UTF8&qid=1706032272&sr=1-1
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David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Show notes at: https://link.chtbl.com/BPRE
00:00 Intro
00:54 No More Good House Hacks?
04:52 I Don’t Have Enough to Invest!
07:33 Spend ALL My Savings On a Rental?
12:23 The TRUTH About Real Estate
17:47 How to Get More Leads
22:57 What Happens When Rates DROP?
27:52 Ask David Your Question!
