If you want to set yourself up for success, you need to take ownership of the home buying process and start asking questions. On today’s episode, we talk with Mindy Jensen, investor, realtor, and author, on how first-time home buyers can avoid rookie mistakes.
Buying a home for the first time can seem overwhelming but today’s guest shares the complete playbook for purchasing your first home. We discuss with Mindy why you shouldn’t rely on a realtor for everything, how to take ownership of the home buying process, why falling in love with a property is detrimental to your financial success, and how to find, vet, and select a lender who matches with your goals. Mindy also shares how you can creatively find deals in the current market.
Mindy is primarily a live-in flipper, buying an incredibly unattractive house and rehabbing it while living in it. Why would someone put themselves through this?!? Sweet, sweet tax-free capital gains, baby! She's currently NOT working on her 10th live in flip, having made the decision to slow down and take things a bit easier during the next year. Mindy is the Community Manager of BiggerPockets.com, the co-host of the BiggerPockets Money Podcast, the co-author of First Time Home Buyer, and a firm believer that women everywhere can and should generate wealth through real estate investing.
On today’s episode, we discuss a ton with Mindy including:
How you can find deals in a hot market Things to consider when looking for you first home What NOT to do when putting in offers Should you wait to buy a home? The biggest mistakes investors and homeowners makeBooks/Resources
The Richest Man in Babylon by George S. Clason
Waffles on Wednesday Spending Tracker
Contact Information
Email - mindy@biggerpockets.com
BiggerPockets Money Facebook Group
Buy your first house with your eyes wide open and outsmart the world’s most common financial trap! From BiggerPockets CEO Scott Trench and podcast co-host Mindy Jensen, learn how your home purchase can destroy your wealth... or generate even more in their new book, First-Time Home Buyer: The Complete Playbook to Avoiding Rookie Mistakes,
Buying a house is more than just trading money for a deed. Between choosing your real estate agent and lender, picking the right neighborhood, and choosing the house itself, you're suddenly making more decisions than you ever thought possible. All this while trying to keep a level head for what may be the biggest purchase of your life!
Plus, no matter how desperately you want to escape the renter’s cycle, buying a house isn’t always a good investment. Your home can destroy your wealth and freedom or generate the same—and this book will show you how to make a decision that gives you the most financial flexibility possible.
BUY THE BOOK NOW!
https://store.biggerpockets.com/products/first-time-home-buyer
We are so excited to share that we are hosting a free 3 day live event called the Top Producer Challenge! This is specifically for real estate agents who are looking to take their biz to the next level!
Our speakers are top producing real estate agents and some of the best in the business. You will learn how to find hidden inventory and win bidding wars!
You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market.
We have invited the best in the biz to share their success strategies with you!
So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST….
REGISTER HERE - https://www.therealestateinvesther.com/top-producer
InvestHER Community
Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.
How To Join the InvestHER Movement
1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.
Subscribe via Itunes Subscribe via Android Subscribe via Stitcher2) InvestHER Community on Facebook
We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!
3) InvestHER Meetups Around the Globe
We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!
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