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How to Money

The Harsh Realities of Real Estate Investing #647

How to Money

iHeartPodcasts

Business, Investing, Education

4.63.2K Ratings

🗓️ 22 March 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

Is homeschooling the best move for your family? Maybe!? That depends on so many factors like your family values, the goals for your career, what resources are available to you, and even what school your kids are currently attending. We’re both products of basic public schooling, but it’s a topical question as the percentage of children who are homeschooled has basically doubled in the past few years- but, homeschooling isn’t a slam dunk decision. And the same is true on the real estate investing front. We love that path for some people and it’s a strategy that has worked out well for us. You’ve heard of real estate moguls who’ve made millions ‘in real estate’ and maybe the algorithm is even feeding you social media influencers who are claiming that it’s so easy. Well today we have a nuanced conversation to help you to determine if it’s right for you or not. We discuss how the real estate market has evolved over the past decade, some of the cons in addition to pros of becoming a landlord, some alternative ways to invest in real estate that are essentially passive, as well as some lower risk ways to wade into the waters of investing in real estate.

 

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During this episode we enjoyed an US Alive by Mikkeller Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

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Transcript

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0:00.0

The biggest black market you've never heard of might be blooming right under your nose.

0:04.4

This plant could sell for between 10 and 15 thousand dollars on the open market.

0:08.4

And where there's big money, there are bigger risks.

0:12.0

We would just tie up these big M16s stuck to our heads.

0:15.2

I'm Summer Rain Oaks. I'm a plant expert and author.

0:18.3

On the Bad Seeds podcast, we explore why your favorite house plants might have a criminal record.

0:24.3

Listen to Bad Seeds on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

0:30.2

Welcome to Hadamunny. I'm Joel and I am Matt.

0:33.8

And today we're talking about the harsh realities of real estate investing.

0:54.5

Yeah, boy, this is going to be an episode all about investing in real estate.

1:00.8

And you know, we're not going to paint too rosy the picture when it comes to real estate.

1:04.4

Although I think we're going to give it a fair shake.

1:06.0

Yeah. And I'm just coming from we are two guys who've done it ourselves,

1:08.8

who own investment properties ourselves.

1:11.5

But we're going to talk all about real estate.

1:14.0

We're going to discuss how you can know whether or not investing in real estate is the right thing for you.

1:20.2

As well as just some simple ways that you can consider getting started with investing in real estate.

1:25.6

And the way you have to think about it has changed since we started investing in real estate

1:29.7

what 15 years ago.

1:30.9

So no, hasn't been the long time.

1:32.5

I think it's been close to that long.

1:34.5

We're getting old, bud.

...

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