Ep 295: Buying Your First Investment Property

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 1 December 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week we’re talking about buying property — specifically, buying your first investment property. We dive into how and where to find your first property, what to look for, what you should know as you search, how much you can expect to spend, and what you need to know about a mortgage. Liz Faircloth, co-founder of the Real Estate InvestHER community explains all (including pitfalls and compromises!) In Mailbag, we discuss financial gifts for a grandchild, and where to put additional savings. In Thrive, how to build confidence. Take our annual listener survey and win a $100 gift card! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You care about your money, of course you do.
0:03.7	So why aren't you listening to SoFi Daily?
0:07.2	This podcast will keep you updated on the latest news in the stock market and how it could
0:11.6	impact your financial life.
0:14.0	Stay on top of what's happening.
0:15.8	Listen to SoFi Daily, wherever you get your podcasts.
0:19.4	That's SoFi Daily, wherever you get your podcasts.
0:25.6	We all know how important it is to keep your eye on the money, and not just your own.
0:30.0	Stay on top of the latest financial and market news with Yahoo Finance, a podcast that releases
0:35.2	new episodes almost every day.
0:37.2	You'll hear a brief overview of the biggest news in the financial world.
0:40.5	All in three minutes or less right after market's close.
0:43.6	Check out Yahoo Finance, wherever you get your podcasts.
0:46.7	That's Yahoo Finance, wherever you get your podcasts.
0:55.6	Hey everyone, I'm Jean Tatsky.
1:04.2	Thank you so much for joining me today on her money.
1:07.8	Over the past couple of years, if you have bought or sold property, and by the way, I have
1:13.6	done both, it has seemed like the normal rules of this transaction had just been tossed
1:20.2	out the window.
1:21.8	Home values in the US increased by 7.2% since 2018.
1:27.2	That's according to Zillow and home sales hit their highest levels ever during the pandemic
1:33.9	as millions of Americans look to shuffle their work life routines in a space that could
	...

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