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Broke to Millionaire in 5 Years w/ Military Real Estate Investing Analytics Table
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Episode #982 Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE đ https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book âRich Dad Poor Dadâ: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders See Dave at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none BiggerPockets Real Estate - Episode 734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/ David Pere: https://www.biggerpockets.com/blog/real-estate-734?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with David Pere on BiggerPockets: https://www.biggerpockets.com/users/usmc3140?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave Meyer on BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Military real estate investing is perhaps the easiest way for veterans to reach financial freedom. Todayâs guest is a prime example, going from broke recruiter to âmilitary millionaireâ in just FIVE years. And get thisâmilitary real estate isnât just for service members. Everyday investors can take advantage of certain perks, too! Welcome back to the âBiggerPockets Real Estateâ podcast! During his first seven years in the U.S. Marine Corps, David Pere was a serial spender, blowing each paycheck and saving very little money. But when a friend recommended the personal finance classic, âRich Dad Poor Dad,â things finally clicked, and David realized the unique investing opportunities the military provided. Within four months, he had taken advantage of the favorable VA loan and bought his first house hack! In todayâs episode, youâll learn how the military puts you in a great position to take financial risks early in your career. David takes a deep dive into VA loans, their benefits, their requirements, and what buyers and sellers should know. He even shares the best-kept secret in military investingâthe Interest Rate Reduction Refinance Loan (IRRRL) programâwhich makes it EASY for investors to score a better interest rate! 00:00 Intro 01:14 Buying His First House Hack 05:57 Military Real Estate Investing 101 09:11 VA Loan Benefits & Requirements 14:57 Reusing VA Loans & Finding Lenders 18:24 Assuming VA Loans & the âIRRRLâ 23:14 HUGE Military Investing Advantages 26:21 Connect with David!
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