I’ve Got $10K and No Job: How Do I Start Investing? (Rookie Reply)

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 22 August 2025

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to another Rookie Reply, where HOST and HOST answer questions from the BiggerPockets Forums and Real Estate Rookie Facebook group. This time, we’re covering questions like: How do you break free from analysis paralysis and finally start your real estate journey? Buy-and-hold vs. flipping: Which strategy is best for rookies looking for reliable wealth? Should you cash out half a million dollars from a property to scale faster, or is holding onto equity smarter? Looking to invest? Need answers? Ask your question here! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-604 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	What if your hesitation is the only thing holding you back from financial freedom?
0:04.7	Today, we're diving into three listener questions that could be the difference between paralysis and profit.
0:11.8	From breaking through analysis paralysis to deciding between flipping and buying and holding to cashed out almost half a million dollars, this episode could be exactly what you need
0:21.4	to make your next week.
0:27.7	This is the Real Estate Rookie Podcast.
0:30.1	I'm Ashley Care.
0:31.3	And I'm Tony J. Robinson.
0:32.8	And with that, let's get into today's first question.
0:35.6	Now, this first question comes from Andrew.
0:38.6	And Andrew is a bit of a, I don't know bit of a poet a bit of a comedic writer uh so bear with as
0:44.6	we get through this question but he says i've dove deep into the realms of real estate wisdom
0:50.3	heard every guru spiel and read more how to guys than guys than I care to admit. Yet, here I am,
0:55.7	stuck in the bog of analysis paralysis, feeling more confused than when I started. Flash back to my
1:01.8	glory days at 16, slinging pizzas and dream of real estate riches. Fast forward to now, a fresh 24-year-old
1:08.5	recently booted for my cushy W-2 job paying 80K a year,
1:14.0	left to ponder the meaning of life and the potential of my bank account.
1:17.9	Now I find myself in the trenches of self-employment at my buddy's small business lending firm
1:23.0	with a $1099 in one hand and $75,000 in student loan debt in the other.
1:28.5	Oh, the joys of adulthood.
1:30.0	But as Frank Sinatra said, that's life.
1:33.0	I'm determined to achieve financial freedom and live the life that I've always dreamed of.
1:37.0	Now, let's talk numbers.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.