meta_pixel
Tapesearch Logo
Log in
The Intrinsic Value Podcast - The Investor’s Podcast Network

REI060: Don't Destroy Your Wealth and Freedom w/ Scott Trench and Mindy Jensen

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 8 March 2021

⏱️ 69 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: How buying a home can destroy wealth and freedom if you’re not careful. Whether one should buy or rent a home. How to determine how much you can afford on a home. Steps to preparing financially before making a home purchase. Why buying fixer-uppers can be difficult for first time buyers. What to look for in a home and what to avoid. How house hacking can be a great strategy to earn passive income. How to choose the right agent and lender. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.   BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. BiggerPockets website. Listen to the BiggerPockets Money Podcast. Scott Trench and Mindy Jensen’s book First-Time Home Buyer: The Complete Playbook To Avoiding Mistakes. Robert Leonard's book The Everything Guide to House Hacking. Scott Trench talks about his path to Financial Freedom. Brandon Turner’s book The Book on Rental Property Investing. Brandon Turner’s book How to Invest In Real Estate. Scott Trench’s book Set for Life. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | LinkedIn Connect with Scott: Website | LinkedIn | Twitter Connect with Mindy: Twitter | LinkedIn | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, I sit down with Scott Trench and Mindy Jensen to talk about

0:06.6

the ins and outs of first-time homebuying. Their book, First Time Homebuyer, the complete playbook

0:12.6

to avoiding mistakes, aims to demystify the entire process and make sure that a new buyer is

0:18.8

making the best financial decisions possible when

0:21.7

it comes to this big purchase. Scott is the CEO and president of BiggerPockets.com.

0:28.2

He and Mindy host the Bigger Pockets Money podcast and both are seasoned real estate investors

0:33.9

and authors. Today's episode is a little different from what we usually talk

0:38.5

about, as it's not necessarily a specific investment strategy. We look into the home buying

0:44.4

process for first-time buyers. A home is one of the biggest purchases you'll make in your lifetime.

0:51.2

Whether you actively decide to use this first home as an investment or not, there are a lot

0:56.4

of mistakes that you could potentially make if you're not familiar with some of the factors

0:59.8

involved in the process of buying a home. This topic is important because it can have a huge impact

1:05.1

on the future of your real estate investing. So I mentioned it's not a specific investing strategy,

1:10.0

and it's not necessarily, but if you get

1:13.0

it right, it can propel your real estate investing journey to success much quicker, but if you

1:19.6

get it wrong, it could put you in a big hole to start.

1:23.9

So let's learn the do's and don'ts of buying a home with Scott Trench and Mindy Jensen.

1:31.8

You're listening to Real Estate Investing by the Investors Podcast Network,

1:36.3

where your host, Robert Leonard, interviews successful investors from various real estate

1:41.4

investing niches to help educate you on your real estate investing journey.

1:54.0

Hey everyone, welcome back to the Real Estate 101 podcast. I'm your host, Robert Leonard,

1:58.4

and with me today, we have two guests, Scott Trench and

...

Please login to see the full transcript.

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

Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.