4.8 • 1.7K Ratings
🗓️ 4 April 2025
⏱️ 34 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | What's the best way to invest 25,000 and scale your portfolio? |
0:05.3 | It's a question many new investors face, but what's really the best move in today's market? |
0:10.6 | And once you figure out your strategy on how to invest that 25,000, how do you pick the right market? |
0:15.6 | For instance, investing out of state can be a little tricky when you can't just drive to the property or meet tenants face to face. We'll tackle these real world investment dilemmas and give you actionable advice |
0:26.5 | you can implement today. My name's Ashley Care. And I'm Tony J. Robinson. And welcome to the |
0:32.3 | Real Estate Rookie Podcast. Okay, so today for our first question, we pulled it from the Bigger Pockets |
0:42.8 | forums. You can head over to biggerpockets.com and hop into the forums to ask your |
0:47.8 | question or to actually answer some. So this question says, I am trying to figure out how many |
0:53.9 | markets I should focus on at once. |
0:56.4 | From what I see, there are people who invest in different real estate markets all over the country. |
1:01.2 | I don't want to focus on one market and not be able to score the right property for who knows how long, |
1:07.8 | and then end up missing out on other locations. |
1:12.6 | It seems just being a long-d distant landlord is very popular as well. What if I was to focus on properties in somewhere |
1:18.8 | between two to five markets? Seems like I contacted somewhere between one to three real estate |
1:25.1 | agents in each market. I could end up finding something good for sure. |
1:30.1 | So basically, this person is asking they don't think they should focus on one market and they |
1:37.3 | should focus on more to increase their chances of getting a deal. Is that how you're reading it too, |
1:42.9 | Tony? Yeah, it seems like. Like what's kind of the sweet spot for the number of cities and markets to focus on to find the |
1:48.1 | deal? Yeah. So I'm still, I'm going to say that I'm still a firm believer in one market. I would say |
1:56.0 | in that market, look at one to three neighborhoods, but I'm still staying focused in one market as a new |
2:03.9 | investor. I think it for me probably depends on a few factors. I think part of it is, well, |
2:11.4 | how many opportunities are there for you to analyze and make offers that fit your buybox in that |
... |
Transcript will be available on the free plan in 3 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.