One of the BiggerPocket’s members submitted a question, and I decided to jump in and answer it. The question was, “I have two young kids and a mortgage on my residence. I’m interested in small victories, not home runs. What’s a specific, low-risk path I could take in real estate?”
How to Purchase Real Estate With No (or Low) Money!
One of the biggest struggles that many new investors have is in coming up with the money to purchase their first real estate properties. Well, BiggerPockets can help with that too. The Book on Investing in Real Estate with No (and Low) Money Down can give you the tools you need to get started in real estate, even if you don’t have tons of cash lying around.
How to Use Low-Risks Paths to Build Wealth
This question really got my wheels turning. I started thinking about how someone with obligations like a family and a job could get into this game and build their wealth without taking major risks like quitting their job or putting their family or long-term goals in jeopardy. In today’s video, I discuss low-risk paths to building your wealth and becoming rich in the long run.
As always if you enjoyed this video, please leave a comment, or want to jump in and get into a discussion on passive investments!
Have a great week!