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:
https://www.facebook.com/groups/realestaterookie
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Grab the New Book, “Real Estate by the Numbers” and Use Code “DAVE” or “JSCOTT” for 10% Off:
Real Estate by the Numbers
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Listen to Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
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Boost Your Investing Knowledge with The Full J Scott Collection:
Books by J Scott
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Grab “The Book on Tax Strategies for the Savvy Real Estate Investor”:
The Book on Tax Strategies for the Savvy Real Estate Investor
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Connect with Ashley, Dave, J and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
J: https://www.biggerpockets.com/users/jasonscott?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Dave and J:
Dave’s Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/?hl=en
J’s Instagram: @jscottinvestor or https://www.instagram.com/jscottinvestor/
J’s Website: https://linktr.ee/jscottinvestor
Episode 224
Show notes at: https://www.biggerpockets.com/blog/rookie-224?utm_source=youtube&utm_medium=description&utm_campaign=none
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!