BiggerPockets Real Estate Podcast

906: How to Become a Millionaire Through Real Estate Investing (Beginners!)

03.04.2024 - By BiggerPocketsPlay

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Learn how to become a millionaire with real estate EVEN in 2024. You’re trying to make big wealth-building moves this year, but how do you reach seven figures without any real estate experience? Thankfully, you don’t need to be an investing expert or property-picking genius to make a millionaire dollars in real estate—you just need to follow the basic steps almost any real estate millionaire follows. So, how do you get started? We’re going to show you in today’s episode!

It should be no surprise that our two hosts, David Greene and Rob Abasolo, are real estate millionaires and have been for years. After grinding away and buying multiple properties, both David and Rob realized, almost accidentally, that they had million-dollar net worths. What they did to get there wasn’t high risk, didn’t take a whole lot of time, and is easily repeatable by any real estate investor EVEN in 2024.

So, today, our millionaire hosts will show you exactly what they did to make a million dollars, the easiest ways to get started in real estate today so you can begin building wealth, the strategies anyone can use to make tens if not hundreds of thousands of dollars in equity, and what you can do NOW even if you NO cash to invest. 

In This Episode We Cover:

How to become a millionaire (even in 2024) through real estate investing 

What a millionaire actually is, and why so many people get this calculation wrong 

The beginner strategies ANYONE can use to become a millionaire in today’s economy 

Whether or not a million dollars is even enough to be considered “wealthy” in 2024

The two most powerful investing levers you can pull to become a millionaire faster

How long it will take to make a million dollars, and the FIRST STEP you should focus on 

And So Much More!

Links from the Show

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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

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David's BiggerPockets Profile

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Rob's BiggerPockets Profile

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Rob's YouTube

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Start Connecting with Other Investors in The BiggerPockets Forums

The Millionaire Formula: 10 Steps to Hit 7-Figure Net Worth

Top 10 Tax Advantages of Investing in Real Estate

Books Mentioned in this Show:

BRRRR by David Greene

The House Hacking Strategy by Craig Curelop

Pillars of Wealth by David Greene

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-906

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