{"id":162151,"date":"2023-11-10T09:23:32","date_gmt":"2023-11-10T16:23:32","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=162151"},"modified":"2023-11-10T09:23:35","modified_gmt":"2023-11-10T16:23:35","slug":"dollar-cost-average-real-estate","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/dollar-cost-average-real-estate","title":{"rendered":"Is It Possible to Dollar-Cost Average Real Estate Just Like Stocks?"},"content":{"rendered":"\n\n      <iframe frameBorder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC9264693668&#038;light=false\"\r\nwidth=\"100%\"><\/iframe>  \n\n\n\n\n<p><span data-preserver-spaces=\"true\">Smart, informed people face a unique risk in their investments: getting too \u201cclever\u201d for their own good.\u00a0<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">All too often, they succumb to the temptation of trying to time the market, pick individual stocks, or ride the wave of the cryptocurrency du jour. And sometimes it even works\u2014which makes it even harder to avoid next time.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Every time I\u2019ve gotten cute or clever or smug about an investment strategy, it\u2019s come back to bite me. I would like to think I\u2019ve finally eaten enough humble pie to learn my lesson.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">So, how do I invest today? Boringly, with wide diversification and small, regular investments like clockwork.\u00a0<\/span><\/p>\n\n\n\n\n\n\n  <div class=\"lg:block\" x-data=\"{ ad_block_block_654e58756798e: popAds(1) }\">\n      <template x-for=\"ad in ad_block_block_654e58756798e\">\n        <a\n          :href=\"ad.linkURL\"\n          class=\"no-underline text-black\"\n          x-on:click=\"adClicked('https:\/\/www.biggerpockets.com\/blog\/dollar-cost-average-real-estate', ad.sponsor, ad.title, ad.id, 'blockAdClicked', 'blockAd', '')\"\n          target=\"_blank\">\n          <div\n            class=\"py-4 border-b flex flex-col flex-nowrap text-sm border-t px-0 rounded-none\"\n            x-init=\"\n              analytics.track('blockAdLoaded', {\n                referrer: 'https:\/\/www.biggerpockets.com\/blog\/dollar-cost-average-real-estate',\n                sponsor: ad.sponsor,\n                ad_title: ad.title,\n                ad_page_location: ''\n              })\n            \"\n            x-intersect:enter.once=\"adViewed('https:\/\/www.biggerpockets.com\/blog\/dollar-cost-average-real-estate', ad.sponsor, ad.title, ad.id, 'blockAdViewed', 'blockAd', '')\">\n            <div><span class=\"text-xs text-slate-light block bg-slate-50 p-1 inline-block rounded-md\">Sponsored<\/span><\/div>\n            <div class=\"flex items-center text-sm space-x-4\">\n                <img :src=\"ad.imageURL\" :alt=\"ad.imageAlt\" class=\"h-10 w-10 object-cover rounded-full\">\n\n                <div clas=\"text-sm\">\n                    <span class=\"font-bold block\" x-text=\"ad.sponsor\"><\/span>\n                    <span class=\"text-slate\/80\" x-text=\"ad.description\"><\/span>\n                <\/div>\n            <\/div>\n\n            <div>\n                <span class=\"font-bold\" x-text=\"ad.title\"><\/span>\n                <p class=\"mt-2 text-slate\/80\" x-text=\"ad.body\"><\/p>\n                <span class=\"mt-2 text-themeBlue block mt-2 underline\" x-text=\"ad.linkTitle\"><\/span>\n            <\/div>\n          <\/div>\n        <\/a>\n      <\/template>\n  <\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">What Is Dollar-Cost Averaging?<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Dollar-cost averaging (or DCA for money nerds like me) is the practice of making regular investments in the same broad basket of investments.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Investors most commonly practice DCA with passively managed index funds. For example, they may invest $300 each week in SPY, an index fund that mimics the S&amp;P 500.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The market rises, the market falls, the market throws temper tantrums. You just keep investing through it all, week in and week out.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">In the short term, you might lose money if the market dips. But over the long term, you\u2019ll simply earn the average return for that index or sector or whatever you\u2019re investing in. For instance, the S&amp;P 500 has achieved an&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.supermoney.com\/investment-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">average annual return of 12.11%<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;over the last 30 years.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Robo-advisors make this particularly easy. I use&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/intelligent.schwab.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Charles Schwab\u2019s free robo-advisor<\/span><\/a><span data-preserver-spaces=\"true\">, which I set to withdraw money from my checking account every week. It invests the money based on my investment profile settings, spreading money among stocks in all sectors, market caps, and regions of the globe. It even rebalances my account periodically and harvests tax losses.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">A&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/do-you-need-financial-advisor\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">human financial advisor<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;could do this for you, too, but they don\u2019t work for free the way some robo-advisors do.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Why Smart Investors Practice Dollar-Cost Averaging<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">To begin with, dollar-cost averaging ensures that you earn the long-term average return rather than underperforming the market by investing at a market peak or selling at a market low.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">I know, I know. You think you\u2019re smarter than everyone else and that you can time the market. So does everyone\u2014and they get burned because of it. As I documented a few weeks ago in the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/the-math-to-becoming-a-millionaire-in-10-years\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">math to becoming a millionaire<\/span><\/a><span data-preserver-spaces=\"true\">, the average stock investor dramatically underperforms the market at large.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Dollar-cost averaging also prevents you from trying to get clever by picking individual stocks. You just invest in a broad mix of&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.mymillennialguide.com\/how-to-start-investing-for-beginners\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ETFs&nbsp;<\/span><\/a><span data-preserver-spaces=\"true\">to diversify your portfolio across the entire market\u2014or at least a huge swath of it.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Even the smartest, best-informed stock investors are wrong more often than they\u2019re right. It\u2019s why actively managed&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.morningstar.com\/funds\/actively-managed-funds-continue-underperform\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">mutual funds usually underperform<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;the broader market. If these high-paid professionals can\u2019t time the market or pick stocks, you certainly can\u2019t. Dollar-cost averaging saves you from yourself and your bloated ego.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Best of all, dollar-cost averaging is both simple and easy. I spent five minutes setting up my robo-advisor account many years ago. Today, I don\u2019t have to worry about my stock investments at all; they just run on autopilot. In a word, it makes my stock investments completely passive.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">How to Practice Dollar-Cost Averaging With Real Estate<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Now that I\u2019ve beaten that point to death, it raises a question for us as real estate investors: How can you possibly dollar-cost average real estate investments?<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">After all, real estate is expensive. Whether you&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/are-rental-properties-a-good-investment\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">invest in rental properties<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;or passive real estate&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/ultimate-guide-to-real-estate-syndication\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">syndications<\/span><\/a><span data-preserver-spaces=\"true\">, each investment requires tens of thousands of dollars. That makes it hard to invest small amounts steadily each month.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Consider these options to dollar-cost average your real estate investments, month in and month out.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Public REITs<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Some&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/reits-over-rentals-why-reits-are-a-more-effective-investment\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">investors love public REITs<\/span><\/a><span data-preserver-spaces=\"true\">. I\u2019m not one of them because they share far too much&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/why-reits-are-not-the-most-effective-investments\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">correlation with the stock market<\/span><\/a><span data-preserver-spaces=\"true\">, which largely defeats the purpose of diversifying away from stocks.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But if you like publicly-traded REITs, they offer one of the easiest ways to dollar-cost average your real estate investments. Many REITs trade at $10 to $30 per share, so you can invest in shares every single week if you like.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Private REITs<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Some real estate crowdfunding platforms offer private real estate investment trusts. They still pay out 90%-plus of their profits in dividends and often own many properties across the country. They don\u2019t offer the same liquidity as public REITs, but they don\u2019t have the same volatility either.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For a reputable example, check out&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/fundrise.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Fundrise<\/span><\/a><span data-preserver-spaces=\"true\">, which allows you to invest with as low as $10, making it easy to invest every week or month. I\u2019ve invested personally in Fundrise, and while it\u2019s had a bad 2023, that\u2019s what markets do: Sometimes they go down.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Property-secured loans<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Alternatively, you can invest small amounts in loans secured by real property.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">My favorite two platforms for this type of investment are&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/groundfloor.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Groundfloor<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;and&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.concreit.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Concreit<\/span><\/a><span data-preserver-spaces=\"true\">. While Groundfloor has a minimum initial account balance of $1,000, you can invest $10 apiece in individual loans.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Every week, my Groundfloor account invests automatically in new loans as they become available. I\u2019ve earned an average long-term return of 9% on these investments, and Groundfloor also offers notes currently paying 6.5% to 10.25% interest.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Concreit works differently, offering a pooled fund that pays 6.5% interest in weekly dividends. You can invest as little as $1 and withdraw your funds at any time.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Again, these simply offer one more way to dollar-cost average real estate investments. But I have thousands of my own dollars invested in both.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Fractional ownership in SFRs<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Several platforms have popped up over the last few years that let you invest in fractional shares of&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/single-family-investing-benefits\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">single-family rental properties<\/span><\/a><span data-preserver-spaces=\"true\">.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">My two favorites are&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/arrived.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Arrived<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;and&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/ark7.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Ark7<\/span><\/a><span data-preserver-spaces=\"true\">. They let you invest between $20 to $100 per share in rental properties, and both offer&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/guides\/the-ultimate-guide-to-short-term-rental-properties\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">short-term rentals<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;in addition to classic long-term rentals.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">As a fractional owner, you get both rental cash flow and your share of the profits on sale. The tax benefits carry over to you as well.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">And yes, I\u2019ve invested personally in properties on both of these platforms as well. I particularly like that Ark7 features a secondary market for selling shares at any time after the initial one-year holding period.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Fractional investing in syndications<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Most syndications require a minimum investment of $50,000 to $100,000, which makes them impractical for dollar-cost averaging. That is unless you invest as a member of a real estate investment club, where you all go in on these together.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">I know two investment clubs that operate this way, and they each work differently. One is my own company, SparkRental\u2019s Co-Investing Club, where non-accredited investors can invest $5,000 apiece in deals vetted together by the club each month. The other is&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.leftfieldinvestors.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Left Field Investors<\/span><\/a><span data-preserver-spaces=\"true\">, which is more geared toward accredited investors investing $10,000 to $50,000 per deal.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Don\u2019t get me wrong: $5,000 isn\u2019t chump change, and not everyone can invest that much each month. But even if you invest in deals every two or three months, it still offers a way to invest relatively small amounts on a regular basis while targeting the high (15%-plus) returns, cash flow, and tax benefits of passive real estate syndications.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The upshot? I own a fractional interest in thousands of units across dozens of cities, and the total I\u2019ve invested is less than some people invest in a single property.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Boring Performs Better<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Sure, it\u2019s fun to brag at cocktail parties that you timed the market perfectly or picked the perfect property or stock investment and beat the market. You get to pat yourself on the back and feel clever\u2014that one time out of five that it actually works out that way. In most cases, you\u2019ll just underperform the market at large.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Aim to be wise rather than clever in your investments. Invest slowly and steadily in&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/real-estate-vs-stocks-performance\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">stocks and real estate<\/span><\/a><span data-preserver-spaces=\"true\">, with small amounts every single week or month rather than occasional large chunks.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This is because investing shouldn\u2019t be \u201cfun\u201d or a hobby unless you\u2019re an active investor who loves&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/rookie-330\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">renovating<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;properties yourself. Investing should be boring. It should happen in the background, freeing you to enjoy your actual hobbies.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Nowadays, I only invest small amounts in diverse passive investments, exactly as I\u2019ve outlined. And my returns have dramatically improved since I started investing this way.\u00a0<\/span><\/p>\n\n\n\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Why \u201cJust Keep Buying\u201d is The Smartest, Simplest Way to Get Rich<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:16px\">Dollar-cost averaging may be the easiest way to get rich with stocks, real estate, or really anything else. Learn time-tested, proven ways to build wealth without being an expert day trader, cryptocurrency coder, or stressed-out landlord.<\/p>\n\n\n\n<div id=button-custom-event-block_65400b52d0a76 class='button-custom-event'>\n      <a href=\"https:\/\/link.chtbl.com\/MoneyEp347\" x-on:click=\"window.analytics.track(&#039;Money Podcast Blog CTA Click | Episode 347&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/dollar-cost-average-real-estate&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-slate-dark-background-color has-text-color has-white-color\" target=\"_blank\" rel=\"noopener\">Listen Now<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\" first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  shadow-xl rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2021\/12\/BP_Money_podcast_square-1024x1024-1-e1660861377128.jpeg\" alt=\"\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Dollar-cost averaging isn&#8217;t the most sexy thing in investing, but it&#8217;s certainly a great way to build wealth. But can you do it in real estate?<\/p>\n","protected":false},"author":158586,"featured_media":161485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7385],"tags":[],"class_list":["post-162151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-management"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/162151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/158586"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=162151"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/162151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/161485"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=162151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=162151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=162151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}