657: Seeing Greene: Can You Start Investing with Just $5,000? 47:18

    <p>The<strong> best way to build wealth </strong>isn’t always the most obvious. More people will take the passive road to <a href="https://www.biggerpockets.com/blog/number-1-wealth-building-strategy-everyone-should-do">wealth building</a>, which is usually far slower, and much less efficient than <strong>the active path to wealth</strong>. The active investor takes time making calculated decisions that would scare almost every average investor. <strong>Flipping a house</strong>, <strong>renovating a rental</strong>, or<strong> buying a thirteen-unit apartment building</strong> may be a little too much for most people, but probably not too much for you.</p><p>If you’re looking to<strong> fast-track your way to millionaire status</strong>, have the passive cash flow to float you in retirement, and live life on your schedule, then <strong>real estate investing</strong> is probably your chosen asset. The guests of today’s <strong>Seeing Greene </strong>episode prove this even with their quick questions. In this episode, David will answer questions on which investing strategy is best over the next ten years, whether to invest in <a href="https://www.biggerpockets.com/blog/real-estate-vs-stocks-performance"><strong>stocks vs. real estate</strong></a>, how to start investing with as little as $5K and up to $100K, and how increasing your leverage can slingshot your net worth.</p><p>Want to ask David a question? If so<strong>, </strong><a href="http://biggerpockets.com/david"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene. Hop on the <strong>BiggerPockets forums </strong>and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!</p><p><strong> In This Episode We Cover:</strong></p><p>The <a href="https://www.biggerpockets.com/blog/1031-exchange"><strong>1031 exchange</strong></a><strong> explained</strong> and how to<strong> turn one property into many </strong></p><p><strong>Single-family vs. multifamily</strong> real estate and which will make more in the next decade</p><p>Real estate coaching and why it might not be as good of a career as most people think</p><p><strong>Stocks vs. real estate</strong> and which is better for the investor trying to build wealth now</p><p><strong>Paying off debt vs. investing</strong> in real estate and how to know which move is right for your specific circumstance</p><p>How to <strong>start investing with as little as five-thousand dollars</strong> (even with no experience!)</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Ticket for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.biggerpockets.com/david?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Ask David Your Real Estate Investing Question</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-639?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Real Estate Podcast 639 with Matt Argersinger from “The Motley Fool”</a></p><p><br></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-657</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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