4 Foolproof Ways to Get Rich with Real Estate Investing

Real estate investing is known for one thing: cash flow. No matter who you talk to, investors always seem to be hypnotized by this single metric. Rookie investors love to chase after cash flow and cash flow only-often completely disregarding the much more lucrative benefits of real estate investing for the shiny object of monthly profits getting deposited into your account. But, if you’re buying, analyzing, and negotiating deals based on cash flow only, you could be making a huge mistake.
In the new book "Real Estate by the Numbers," Dave Meyer and J Scott, both veteran investors in their own regards, give you the numbers behind the NOI and show how real estate will make you rich in much more ways than one. They give you the exact calculations, framework, and mindset to use when analyzing real estate deals, and will show you how you can build wealth faster, smarter, and with less effort than the cash-flow-crazed investor down the street.
On today’s show, Dave and J walk through the four ways that investors can build wealth through real estate, which questions real estate rookies should start asking, and debate whether or not the 2022 housing market is one worth buying in. Real estate rookie or not, this show will give you everything you need to start chasing better deals with hidden profits others are too blind to find.
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Join the Real Estate Rookie Facebook Group:
/ realestaterookie
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Grab the New Book, “Real Estate by the Numbers” and Use Code “DAVE” or “JSCOTT” for 10% Off:
store.biggerpockets.com/produ...
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Listen to Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: open.spotify.com/show/2NlzZ9N...
Apple Podcasts: podcasts.apple.com/us/podcast...
BiggerPockets: www.biggerpockets.com/podcast...
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Boost Your Investing Knowledge with The Full J Scott Collection:
store.biggerpockets.com/colle...
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Grab “The Book on Tax Strategies for the Savvy Real Estate Investor”:
store.biggerpockets.com/produ...
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Connect with Ashley, Dave, J and Tony on BiggerPockets:
Ashley: www.biggerpockets.com/users/e...
Dave: www.biggerpockets.com/users/d...
J: www.biggerpockets.com/users/j...
Tony: www.biggerpockets.com/users/t...
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Connect with Dave and J:
Dave’s Instagram: @thedatadeli or thedatadeli...
J’s Instagram: @jscottinvestor or / jscottinvestor
J’s Website: linktr.ee/jscottinvestor
Episode 224
Show notes at: www.biggerpockets.com/blog/ro...
00:00 Intro
03:59 Real Estate by the Numbers
14:48 Is Now Still a Good Time to Buy?
18:59 4 Ways Real Estate Makes You Rich
24:03 1. Cash Flow
35:38 2. Appreciation
47:08 3. Principal Paydown
53:29 4. Tax Benefits
01:09:01 Grab the New Book!

[@The1SimLash]

I'd like to see a holistic look at Principal Pay Down vs Interest Only loans. Equity build up vs keeping the equity and some tax advantages vs 100% deductible

[@JScottInvestor]

Check out Part 4 of the book!

[@TJ-th9hw]

This was an awesome Q&A with Dave & Scott. Great questions Tony & Ashley!! Thanks

[@streakingclothed]

This is so exciting I’ve wanted a book like this since I began learning about RE investments earlier this year. Heck yeah thank you both

[@joshuacheeks281]

I love learning about real estate! Thank you for amazing content!

[@FIRE_DrNinjaTurtle]

Dave is so Smart. I met J Scott in Maryland and he changed my life. Thank you J.

[@JScottInvestor]

Thanks Darrell!

[@astorybookfinish5055]

Great content. Thank you.

[@karimamesboua1115]

Great, very informative

[@enfoquefitnessyfinanzas3976]

Scott is awesome 👏

[@oldie44]

lovely content

[@levertis1987]

Great video I wish owning and operating a Airbnb qualified as a real estate professional🤦🏽‍♂️🤷🏽‍♂️smh

[@enfoquefitnessyfinanzas3976]

Looking for a CPA in California investment savvy. Help!

[@Michaelwentsomewhere]

Please tell me dave has AC. 10% of homes in europe have AC and I see his fan running lol