Episode #047 - How to Get Started in Real Estate Investing with Andrew Little

Andrew Little is a real estate investor with humble beginnings.  He spent 8 years in the military, 13 years in law enforcement, and he and his wife began their real estate investing journey in 2020.  They have since built a portfolio that currently includes four single family homes and a 4-plex, each of which are helping them build long-term wealth for their family.  Expect to learn ways in which you can start investing in real estate, how to mitigate risk, evaluating the market, and much more.    This show is for informational purposes only and individual situations may vary. Nothing that you hear in this show should be considered financial advice.   If you find this podcast valuable, the best way to say “thank you” is to share it with others and leave us a 5-star review on Apple Podcasts or Spotify, which helps us out a lot.  If you didn’t find this helpful, leave a review anyway, we’d love your feedback on things we can do to provide you more value next time!   Want to be a part of the show? Leave us a message at https://www.speakpipe.com/move101 We’ll feature and answer your questions on-air in future episodes. If you have any questions, comments, topics, or guests you’d like to hear from in future episodes, reach out to us to let us know at [email protected] Follow us on Twitter @Move101Pod Follow us and listen to full episodes and clips on YouTube at Move 101 Podcast If you are looking for high-quality 3rd party-tested supplements, we recommend TrueNutrition.com  Using our discount code “Move101” will allow you to get 5% off any order - try the Chocolate Fudge Brownie! https://truenutrition.com/p-947-rbghsoy-free-whey-protein-isolate-1lb.aspx   Time Stamps (may vary slightly by platform)   (00:55) Intro/Overview (02:26) Why get into real estate? (05:35) How Andrew got started   (08:32) Different approaches to RE Investing (12:00) House hacking and tax advantages to RE (21:40) How do you know where to buy? (23:40) What would you do differently if you could start over? (27:10) How do you minimize risk? (33:45) How do you remove emotions and fear with large investments? (39:25) Who should be on your team and how do you find them? (44:55) How do you know when to buy? (51:00) Strategies for creating capital (55:00) How do you increase the value of your own property? (59:12) Single vs multi-family RE and other considerations (01:03:28) Recommended resources (01:05:58) Closing thoughts: START!   Andrew’s resources and recommendations: (some of these links may contain affiliates, which are free to you but earn us a small commission)   https://www.biggerpockets.com/ https://www.rentometer.com/   Long Distance Real Estate Investing by David M. Greene https://amzn.to/3oIJpCM Buy, Rehab, Rent, Refinance, Repeat by David M. Greene https://amzn.to/3zhlq2l Loopholes of Real Estate by Garrett Sutton https://amzn.to/3vqDrKg The Hands-Off Investor by Brian Burke https://amzn.to/3JiINx4 ABC’s of Buying Rental Property by Ken McElroy and Robert Kiyosaki https://amzn.to/3JhZ0CA The Curse of the High IQ by Aaron Clarey https://amzn.to/3cY6a32  Extreme Energy by MusicToday80: https://soundcloud.com/musictoday80/r... Attribution 3.0 Unported (CC BY 3.0) https://creativecommons.org/licenses/... Music provided by Free Vibes: https://goo.gl/NkGhTg