215: How to Become a Real Estate Millionaire (NO Experience Necessary) w/Dave Meyer

Real Estate Rookie

BiggerPockets

Entrepreneurship, Education, Investing, Business, How To

4.7 • 1.8K Ratings

🗓️ 7 September 2022

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Want to become a millionaire? After this episode, you’ll have everything you need to start your journey to a seven-figure net worth through real estate investing. Most people think that to become a millionaire you need to have a high-paying job, a large inheritance, or hundreds of rental properties. This couldn’t be further from the truth, as regular real estate investing allows almost anyone to build wealth, attain financial freedom, and live the life they dream of in only a matter of years. For those who haven’t bought their first investment property, or only have a few, this webinar with Dave Meyer will provide the step-by-step system that’ll take you from onlooker to investor. Dave takes you through the math behind making millions, how to find investment properties worth buying, analyzing real estate in just minutes, and finally, how to repeat the system so you can continuously build wealth no matter what life position you’re in. Stick around until the end as Dave throws in a special gift for our viewers that will help take you from rookie to veteran investor in no time at all. The tools, information, and data found in this episode could help slingshot your wealth to levels you’ve never imagined. So, are you ready to start? In This Episode We Cover How to become a real estate millionaire no matter where you’re starting from Defining your “why” and knowing how much money you want to make How an economic recession could affect real estate investors in 2022 The “crystal clear criteria” every investor must know before buying a rental property Building your real estate “stack” that can make you rich in only a few years How to analyze rental properties for complete confidence in the deal Finding, funding, and financing investment property purchases The fastest way to level up your real estate investing skills so you can reach financial freedom And So Much More! Links from the Show Ashley's Instagram Tony's Instagram BiggerPockets Zillow BiggerPockets Calculators On the Market Podcast BiggerPockets Pro MLS BiggerPockets Agent Finder BiggerPockets Rental Property Calculator Craigslist BiggerPockets Bootcamps Mashvisor Roofstock AirDNA Connect with Dave: Dave's Instagram Dave's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/rookie-215 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie episode 215.
0:05.0	My name is Ashley Care and I am here with my co-host Tony Robinson.
0:09.0	And welcome to the Real Estate Rookie podcast,
0:11.0	where every week, twice a week, we bring you the inspiration, information, and stories you need to hear to kickstart your investing journey.
0:17.0	I usually like to start the episodes with a quick shout out from folks who have loved this to review.
0:21.0	And this week's review, five star review comes from Solitaire Phenomaniac.
0:26.0	And this person says, I love this podcast because I learned so much while I'm working.
0:29.0	I'm really hoping to use these lessons soon to start my own Real Estate journey.
0:33.0	And that's why we do this podcast to help people to inspire them.
0:36.0	So if you are listening, if you've enjoyed, please leave us an honest reading and review on whatever podcast platform it is that you're listening to.
0:42.0	So without out of the way, Ashley Care, what's up? What's up? What's new in your world?
0:46.0	I don't know, not much. My son's been playing football, so my Saturdays are now consumed with football.
0:52.0	And it's actually been kind of fun, so I'm enjoying that element.
0:57.0	So today I went to an apartment where the person had been evicted.
1:01.0	They actually went to prison in April, and it is now the end of August.
1:08.0	And so they actually received a full rent payment from the county.
1:13.0	So we received direct deposit payments from the county every single month on their behalf.
1:18.0	Even while they were in jail?
1:19.0	Well, it stopped the month after. So May, it stopped. May was their last payment.
1:23.0	So June, July, August, we didn't receive payment.
1:26.0	The eviction went through everything. The marshals came.
1:29.0	Obviously no one's been there. So the apartment's been, you know, considered abandoned.
	...

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