Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with Dave Meyer, the Head of Real Estate at BiggerPockets, as he uncovers tried and true tactics and shares candid conversations with real estate investors who are building wealth in today’s market. Join Dave to walk through deals that went right (and wrong) and learn the strategies you can deploy—start growing your side income today to take control of your financial future.
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Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with Dave Meyer, the Head of Real Estate at BiggerPockets, as he uncovers tried and true tactics and shares candid conversations with real estate investors who are building wealth in today’s market. Join Dave to walk through deals that went right (and wrong) and learn the strategies you can deploy—start growing your side income today to take control of your financial future.
How to Become a Millionaire Through Real Estate (Beginners)
BiggerPockets Real Estate Podcast
41 minutes
5 days ago
How to Become a Millionaire Through Real Estate (Beginners)
Everyone wants to know how to become a millionaire in real estate. And surprisingly, getting there isn’t all that hard. You can create a seven-figure net worth by investing for just 8-12 years, and if you’re willing to put in a little more work, you can get there faster. Dave has done it, and a million of our BiggerPockets members have done it, too. So today, we’re sharing the real estate millionaire math so you can repeat it and reach your financial independence number faster.
We’re not just showing you how to get to a million dollars in equity. We’re also discussing what you need to know to replace your salary with rental properties. This way, you’ll have cash flow to live off of and appreciation to build your wealth. Using the four “building blocks” of real estate, you can skyrocket your wealth in a (relatively) short amount of time.
Maybe you want to be a millionaire in less than a decade and build a real estate portfolio faster. Great! We’re sharing two extra levers you can pull to make more money from your properties IF you’re willing to put in the work.
What are you waiting for? Let’s make your first million!
In This Episode We Cover
How to become a millionaire with real estate in just 8-12 years (we did the math)
Replacing your salary with rentals and how to “compound” your cash flow
The four ways that real estate makes you rich (it’s not just rent checks)
Two other wealth “levers” you can pull to get to millionaire status faster
Should you buy a rental property in cash? Here’s what happens to your returns
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1125
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BiggerPockets Real Estate Podcast
Want financial freedom through real estate investing? Then the BiggerPockets Real Estate Podcast is for you. Sit down every Monday, Wednesday, and Friday with Dave Meyer, the Head of Real Estate at BiggerPockets, as he uncovers tried and true tactics and shares candid conversations with real estate investors who are building wealth in today’s market. Join Dave to walk through deals that went right (and wrong) and learn the strategies you can deploy—start growing your side income today to take control of your financial future.