Cash Flow Guys Podcast

188 - How To Determine The Amount of Capital I Need To Get Started

Informações:

Sinopsis

In this episode, I answer a question from “Blake” who is a lister of the podcast.   Blake asked: “I just recently began listening to the podcast and it has changed my mindset about real estate investing. I graduated from college a month ago with zero student debt and a great career with a very high earning potential. My biggest question is how much capital do I need to begin this journey of wealth? “And when that number is attained, what resources can I use to be the most educated possible (books, podcasts, seminars, etc.)?” “Also, I’m a Dave Ramsey follower as well and want to know how I can build this empire without going into debt or ramping up unmanageable debts? Any help would be incredible. Thank you!” The answer to how much capital is needed really depends on how much time and effort do you plan to invest in the adventure of real estate investing.  If you save $150,000, for example, you could buy a duplex or triplex in most markets, it some markets maybe even a four unit.  But then you are done until y