Do you want to buy a rental property in 2025 but fear money could get in the way? Putting 15%-20% down is a huge hurdle for new investors, but there are several strategies you can use to limit your expenses, grow your income, and even put LESS money down. If you want to know how to save for a down payment as quickly as possible, you need these money-saving tips!
Welcome back to the Real Estate Rookie podcast! Before you can invest in real estate, you need to lay a solid financial foundation, and today, personal finance expert, master live-in flipper, and co-host of the BiggerPockets Money podcast, Mindy Jensen, joins the show to weigh in on this crucial topic. Do you have your spending in check? Are you finding ways to grow your income? How’s your credit score looking?
Whether you’re starting from scratch or looking to level up your finances, we’ll share some actionable steps you can take toward buying property in 2025. We’ll also talk about ways to leverage your retirement accounts to buy real estate, whether you should pay down debt before investing, and other investments (that aren’t real estate) that could help you build wealth!
Ready to take your first step toward building wealth through real estate? It all starts with mastering your personal finances. In today’s episode, we’re sharing the ultimate tips to take control of your money, cut through the noise and save for your first investment property without feeling overwhelmed. Whether you’re starting from scratch or looking to level up your financial game, we’ve got actionable strategies to get you closer to your dream investment. Let’s turn that someday into today. This is the Real Estate Rookie Podcast. I’m Ashley Kerr and I’m here with Tony J. Robinson. And welcome to the podcast where every week, three times a week, we bring you the inspiration, motivation and stories you need to hear to kickstart your investing journey. And look, Ricky’s, we couldn’t be talking about personal…