How to Start Investing with $20K and Creating Cash Flow in 2024

2024/01/31 に公開
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Episode #882

A few years ago, everyone was wondering how to start investing in real estate, but now the question has switched to “Is it too late?” If you’re stuck on the sidelines but want to get into the real estate investing game, this Seeing Greene is for you.

The man of the people is back for another Seeing Greene-style show! This time, David is answering questions from new investors, experienced investors, and everyone in between. First, we’ll hear from an investor who’s wondering about the value of a low mortgage rate, especially when buying a new build. Is a lower rate worth a higher price? Then, David tells you how to convert your home equity into a new investment property and what you MUST know before getting into commercial real estate. A college student wants to know how to use his $20K savings, and a “late starter” searches for cash flow in a market that’s dry as a desert!

Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

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Join BiggerPockets for FREE 👇
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Expand Your Investing Knowledge With the BiggerPockets Books:
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Grab David’s Books, “Pillars of Wealth” and “Long-Distance Real Estate Investing”:
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Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media
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Ask David Your Real Estate Investing Question:
https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none
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Ep 869: Why NOW is The Time to Buy a House (BEFORE Rates Go Down):
https://www.biggerpockets.com/blog/real-estate-869?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Start a Real Estate Portfolio with Just $10K:
https://www.biggerpockets.com/blog/real-estate-730?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with David on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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@davidgreene24 or https://www.instagram.com/davidgreene24/
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Show notes at: https://link.chtbl.com/BPRE


00:00 Intro

01:05 Low Rate Worth the High Price?

06:00 Turning Equity into Commercial Real Estate

13:33 Comment Section Call-Out

16:14 How to Start with $20K

21:53 Starting Late, But NO Cash Flow!

25:11 Ask David Your Question!