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BiggerPockets Real Estate · September 12, 2024 · 48m

How to Start Investing in Real Estate with $50,000 or Less

Dave Meyer lays out five concrete strategies for getting started in real estate with limited capital: house hacking, partnerships, seller financing, BRRRR with hard money, and REITs as a bridge.

Canon

Meyer observes that many of his most fulfilled listeners aren't the wealthiest — they're the ones who feel responsible for something. Owning property provides tangible responsibility that generates meaning.

Highlights

The biggest barrier to investing is the false belief that you need six figures to start
Meyer debunks the myth that real estate requires massive capital. FHA loans allow 3.5% down. House hacking eliminates housing costs. Partnerships split capital requirements.