How to Get Started in Real Estate Investing in 2020

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 13 March 2020

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Real estate investing can be a viable way to build wealth, but you need to have a plan and know exactly what you're getting into. This episode of The Money Guy Show provides one of the most honest assessments of real estate investing you'll find online. We'll dive deep into strategic ways you can use this valuable asset to your advantage, but also, we'll give you a dose of reality that's not on the shiny brochure! For more information, visit: https://www.moneyguy.com/2020/03/get-started-in-real-estate-investing-in-2020/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Deep dive into real estate.
0:02.6	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:09.6	investing, taxing.
0:11.6	You've got financial questions, he's got financial answers.
0:15.2	It's Brian Preston, the money guy.
0:17.8	You're right.
0:18.8	I'm really excited about this show because, you know, people know oftentimes we talk about
0:23.6	the stock market or mutual funds or that type of investing and a lot of people have been
0:27.3	saying to us, you guys don't ever really weigh in a ton on real estate investing.
0:31.8	You talk a lot about like personal finance and how to think about making wise decisions
0:36.0	when it comes like buying a house, but you never talk about it as an investment piece.
0:40.8	Without a doubt.
0:41.8	I mean, we probably, I felt like this was why, actually this was your idea, but we'll give
0:46.7	credit.
0:47.7	Well, we'll give credit where credits do is that there is no doubt that majority of people
0:52.8	have net worth built into real estate.
0:55.8	There's also no doubt there's a lot of misinformation about real estate.
1:00.3	We want to give you a very balanced approach looking at how does real estate really work?
1:06.9	How do you get started in it?
1:08.5	How do you know where this fits into your investment of your next dollar?
1:12.8	Because not all real estate investing is credit equal, right?
1:15.4	There are different ways to do it, different types of real estate that you ought to be aware
	...

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