How to Build a Real Estate Portfolio from SCRATCH in 2023

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Title	:	How to Build a Real Estate Portfolio from SCRATCH in 2023
Lasting	:	15.47
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Views	:	193 rb

Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA $290k in profits made in 2022
Comment from : @Patriciabanks5

What tool do I use to find constricted supply, population trends, other investors investingetcgive me the best place to research for the right place to buyotherwise 8m just a fart in a wind stormhelp me zero in on areasalso how do I do this working 60hrs a week as a UPS driverno time to travel out 9f state to fix a leaky roofbrThank you so much
Comment from : @youngdazzz

Where do you find Dscr loans? I searched on google but don’t see where I go to apply
Comment from : @MissE117

Never heard any one say so much without saying anything
Comment from : @liveextreme5363

You just assume refinancing, I'm not comfortable doing that
Comment from : @Rubberglass

Awesome!
Comment from : @tresbb03

Great video Thanks for sharing your knowledge For 2023 _April I am about to take my mother's vacant property 4 bed and extend to a 7 bed HMO Currently working a 9-5 as FM for a property management firm, and I can't believe I waited so long to start my own portfolio!
Comment from : @jonathanricard2137

I’m a mortgage loan officer that was unfortunately paid off due to the market but the knowledge I learned during that time was invaluable Moving into 2023 I’m going to leverage some of that knowledge to buy my first multi family
Comment from : @Dreadedweeb

HI BIG POCKET 😂 the name hahah, but I’m having trouble believing people in YouTube but you seem very trustworthy! I still need a little help or if anyone can help me learn if it’s free I’ll take it! I’ll help a little if I can but I really need help getting out of this hole I’m in, I hate the life I live I want to change! I ned to make money and support my family I’m 22 and willing to give up time to learn a new objective! I’m learning on YouTube about real estate and more! I need more information I need a teacher or friend who is willing to teach me, I will do as much and if I have to force my self I will! I have to energy and time I want to start school and more but it’s so hard doing anything being depressed and sad cause I can’t do shit and I’m not the only one but I would be grateful and very much appreciated ❤ I feel ashamed not knowing anything and being a man that can’t support his family I need to make a move
Comment from : @groggyisaac6734

In the video 12:20, you said at one point switch jobs to work more with real estate I, for example, work as a general contractor for storm damage (hail and wind damage) My question is, after building yourself a small real estate portfolio Would you switch jobs in my position?
Comment from : @alexd7277

love how data driven this is
Comment from : @driziiD

Notwithstanding how anxious everyone is about the property market due to inflation, there is still an enormous amount of demand that is ready to fill the gap We peaked in the second quarter of 2020 and are now at the median level, according to Jeff from the comments It decreased by 3 between 2008 and 2012, and by the second quarter of 2020, it had declined from 68 to 65
Comment from : @mattpredictsofm

Preach it David
Comment from : @reneecaballero9229

Thanks for the shoutout to us travel nurses ❤❤❤
Comment from : @JagWHYer

Travel Nurse in the building!!! Preach it good sir!!😅❤
Comment from : @timmyadesina8017

So hypothetically could someone with no cash or income buy a property with a DSCR loan if the property will have good cash flow?
Comment from : @AustinFinnern

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars
Comment from : @darnellcapriccioso

Another Great watch, Can you provide your lender(s) that do loans based on the property income? Appreciate it
Comment from : @bestbuyushomes

If you started from scratch, you wouldn't be able to buy a bunch of properties at one time - a property in Beverly Hills and the duplex in Kansas City Very disappointed that this video came across this way instead of the reality that 99 of us face which is we can only buy on property a year if we're lucky
Comment from : @hlb0111

So glad I listened to this VIDEO!
Comment from : @misscathyleads

Hi David, thanks for the really informative videos For a newbie like me, these are very helpful Can you please make a video explaining the different kinds of mortgages that you mentioned? Thank you so much
Comment from : @jassikaur1177

That’s exactly what I want to do!! Get out of my W2 and get in the space so I can learn Thank you for mentioning that
Comment from : @lisafaireymusic

5:06 “I don’t know how they measure water” brbrIn gallons… Or ounces brbrThink twice about getting advice about real estate from a guy who can’t measure water
Comment from : @ryansilva1024

I will forever be indebted to you Mrs sandra you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs sandra
Comment from : @amandascott7174

Isnt a house hack also considered an investment property?
Comment from : @MrTguzzy

I've been following you and other real estate investors to learn how to get started One piece of advice that keeps coming up is getting a mentor I reached out to an online group and they charge 15k for an 8 month mentorahip program What's that about?? Where do I find a trustworthy, honest mentor? Your information is very helpful Thanks
Comment from : @wendys5314

Excellent
Comment from : @achag9273

Idaho is full K thanks bye
Comment from : @KedTaczynski

I like these perspectives videos
Comment from : @idawillis5997

Great video David!!! 🚨
Comment from : @bijanmachen

2:20 “in witchita Kansas” … I’m taking cali money back to MO soon to start this exact plan! brbrMy first asset will be over in MO/KS somewhere Glad you said this so much affirmation I’m doing this right
Comment from : @cameronspeed9052

Looking to buy my first property at the start at 2nd quarter this helped alot
Comment from : @jodiannbirch

LMAO I'm from Wichita, Ks :(
Comment from : @matthewgage3457

Hey David brI’m a Realtor myself and I’m wondering if you have an Office down here in Miami I would LOVE to be part of your team
Comment from : @ruthfigueroa5970

I would like to speak to you about the finance options that you mentioned
Comment from : @thefamilycirclevlog5248

Preach it David😂Travel nurse here!!! 15 years on the road!! Real estate investor ❤
Comment from : @shondar1086

David you barely blink your eyes when you talk , it looks weird , you need to blink once a while when you talk man
Comment from : @dunlu7447

Don't price gouge the mid-term market just because you're assuming that traveling professionals are making a "killing" To David's point, people need to consider that pay rates are now normalizing as we exit this pandemic Doesn't make sense to charge an arm and a leg to cater to one specific tenant pool (medical professionals) when the situation has changed Now don't get me wrong, traveling medical professionals aren't getting treated like teachers in any way but it's also not ok to charge a thousand dollars more than market rent just because you think that nurses are making a "killing"
Comment from : @OnlyTruths18

Starting from scratch should become a segment with guests I listen to nearly every episode and this one is definitely up there!!
Comment from : @SatisfyDIY

Good video, brI have questions, can I get my 401k to get a house??
Comment from : @FSria

moving to montana soon going to be a dental floss tycoon frank zappa
Comment from : @louismallia6656

With the DSCR, and Bridge Loans, do we need to put 10, 15, 20 down???
Comment from : @mandeepsahota6550

19 year old here -- Since graduating high school, I've been nerding out on real estate investing and all the BiggerPockets forums I plan to start my journey through househacking, but as a college student its so difficult to save for a down payment! I hope to have saved for a 5 down single-family home by the end of 2023!!
Comment from : @brocksmith1077

David thanks great bookmark with this one What percentage of the purchase price do the dscr loans cover?
Comment from : @videoservicesja

Any ideas on what a data engineer can do in real estate without abandoning field?
Comment from : @chrisramo1

❤
Comment from : @mcagrinds28

This was probably one of my favorite BP podcast
Comment from : @deeandreaburgos4633

Great video thank you 🙌
Comment from : @roso5644

What can you do if you can only afford 2?
Comment from : @meghantran1585

bigger pockets has meetups ??
Comment from : @Ulla514

Want to get into real estate investing i have good credit but not a lot of income I live in California which is a very expensive market I am willing to venture out of state dont know where to start ? Ive heard of DSCR loans where they dont require proof of income or tax returns sound appealing Trying to figure out what asset class i should be looking at duplex fourplex multifamily and insight and thoughts would be appreciated
Comment from : @BossChronicles

How about the money consideration? If you only have 40k to invest where you put it for your first invest it?
Comment from : @luisguevara4113

That’s Hilarious I live in Wichita KS!
Comment from : @jasonwayne9424

wonderful information David Much appreciated!
Comment from : @nassada6129

Thank you! Finding ways to finance the deals is what I've been scratching my head over!
Comment from : @vnsa3864

Hello, been listening for 6 months now and truly great info I've been reading negotiating books like Never Split the difference, etc Question, how do we use this information for buying houses when my agent is the interface? Am I at the mercy of his negotiating skills, or is there some type of negotiating strategy meeting needed?
Comment from : @zhitchcox

Is this possible if I'm in massive debt?
Comment from : @tomhavers2297

2:18 My dad has been watching you for about a year and has really been wanting to get into real estate brWith a single line you've broken his heartbr- Wichita Kansas
Comment from : @calicokitties

Thanks David, great information as always brMerry Christmas 🎄🎁 for you and your family and a Happy prosperous, Healthier new Year🎉 🎆
Comment from : @SandraLopez-nd5fh

Lol you’re so funny 😂 but informative
Comment from : @KrysMota

Thank you, Excellent common sense video on investing in the west We have been aggressive in looking at residential homes/land in Colorado, Montana and Wyoming as they become more popular Land we purchased in these areas a few years ago that we purchase for 160K now go for $500K +/ 300K homes near ski areas now go for millions
Comment from : @ClaudeDiamond

I'm a CPA so in 2023, I'll continue learning more on saving taxes through real estate and help my clients and future clients with tax planning strategies
Comment from : @jasoncampbell9050

Great video! Looking forward to close on my first BRRRR in the Jacksonville area and start my portfolio in 2023
Comment from : @xaviermalave2961

Whats the best capitol anybody can start with ? And best homes ?
Comment from : @JREProd_

Is it true you pay higher interest rate and more down payment on a property as a business rather than buying it as a home and living there for one year and moving out onto your next property?
Comment from : @jesusarellano1927

🔥🔥🔥🔥🔥🔥
Comment from : @adeletechavenger

Solid intro😂
Comment from : @imtylerpayne

this dude comes off broke lol
Comment from : @brodyllc

If I had to start over I would buy some cash flowing dealsetcWhat?! How are you going to buy them if your portfolio crashed or if you are 18?
Comment from : @williamgoodlett4938

Lots of gems 💎 Thank you!
Comment from : @Medik2525

I just became a real estate agent this past year in central Pa I didn’t like the market area and low and older homes I relocated to Denver CO to become an agent, im currently working on my real estate license My goal is to be able to invest in my first real estate property in 2 years or less My 10 year plan is to own and operate 10 business / and or real estate properties
Comment from : @colombvj124

Great stuff David! Your take on current rates/acquiring homes was the most concise and accurate one I've heard We as humans just want to complain!brbrStarting with house hacking is a tried and true startegy and our personal favorite I also love how you detail the evloution of investing in real estate, by using DSCR loans, Bridge loans for rehab, etc
Comment from : @fthb_denver

Looking to focus on buying flips to whole sale , flip or buy and hold
Comment from : @THECTHOUSEFLIPPER

This was a LOT of info in a SHORT tie Love this episode! I have soooooo many questions now as I want to get started with something!
Comment from : @colinsexton1929

Good vid
Comment from : @lyleandkennedy4996

Thank you! Looking into mid-term rentals!
Comment from : @beberubie

I have been hosting nursed for years They're usually single Yes what they do is important But they're drastically overpaid just like the entire medical systembrThey're part of the reason why 80 of bankruptcy are medical Of course we know pharma/insurance corporations are the main reasonbrBut over paid doctors and staff contribute considerably
Comment from : @vividhaiku

I like the intro thank you
Comment from : @nitram21noryt

David, from everyone in Idaho Shushhhhhh!!!!!!!!!!!!
Comment from : @Silversidepro

Your super awesome
Comment from : @LooseSmile

How should I approach getting my first rental property in 2023 if I wanna invest out of state?
Comment from : @jalendeleon2244

Thank you David for recognizing us Travel RNs!
Comment from : @HollywoodWestern

If you buy in another state do you pay they're taxes?
Comment from : @starlaks588

I’d love to work with bigger pockets! As a freelance photographer, I realized that real estate is what’s gonna help me grow my personal income and be more creative with photography
Comment from : @GLIMMERGANGSTER

🔥🔥🔥🔥
Comment from : @realtybydrc778

I’m definitely going to take advantage of my Bigger Pockets membership and learn how to scale! I appreciate this video and all the content you provide David
Comment from : @meeshelliott

This video is 🔥 thank you!
Comment from : @Lizandro_594

Love u bro! Thank you for the video!
Comment from : @ManuelEscotet

Hi David Thank you for the very informative video, I really enjoy all the content you put out Anyway I’ve ran the spreadsheet on home that I’m interested in and the numbers look great Only problem, I cant get funding due to the lack of its safety and soundness Im interested in a BRIDGE LOAN, please point me in the right direction Thank you!
Comment from : @evanagor8404

I was able to get a tenant into my first rental property very recently, after an embarrassing amount of time of vacancy Now I think I'm just gonna let the cash pile up however I know the next thing for me to do is find a good CPA
Comment from : @stevenchristin6069

I'm hoping to close on my first real estate investment as part of a partnership in the next few weeks on a triple net property It is a small stake but I feel perfect for my first deal and have learned quite a bit My goal is to rebuild capital to use for my first solely owned commercial property investment using the knowledge gained with this one in the next 2-4 years Thanks for your work and knowledge!
Comment from : @user-vw2zt8te9p

It's hard for me to watch this because I want it so bad, and struggling to get it, and its o ly getting harder to get as millions of people want the same Maybe that's what i need to work on first
Comment from : @drumrboynoid

I’m 21 I’ve worked at nothing but warehouse jobs I’m curious on what are some real estate jobs that you would recommend with 0 experience
Comment from : @alijahdessasure4521

what area was that video taking? @4:25
Comment from : @chriswhynder8311

Time for me to speak with one brokerage, sounds like they're built to help you do things creatively
Comment from : @4cupsx01

David thank you a million you're a genius in real estate, endless blessings to you and your crew I have my 401 and I really need help to move to pay down on properties do you know anyone could help me? Thanks
Comment from : @sharlinehill509

Thank you David for appreciating us nurses! It means a lot! I like this video It caught my attention specially the beginning part where it looks like a movie!
Comment from : @ZoephyDesigns