BiggerPockets Real Estate Podcast - Retiring with Real Estate, Agent Tips, and The "20% Down" Myth

You need a 20% down payment to buy a house, right? Most people assume that the standard down payment amount, 20% down, is the acceptable average when buying a rental property or a primary residence. But this isn’t always true, even for real estate investors. Many investors will spend years saving up just a single down payment amount, only to later realize that they could have bought multiple rental properties faster if they would have done less down. So before you put a big chunk of change into your next rental, listen up. David Greene is back with another episode of Seeing Greene where he takes a multitude of questions from new and small real estate investors. There is an answer for everyone in this episode with topics covering down payment amounts, investing in US real estate while living abroad, new real estate agent tips, how to finance ADUs (accessory dwelling units), and retiring yourself (or your parents) with real estate investing! Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Ask David Your Real Estate Investing Question: https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Get Your Tickets to BPCon 2022: https://www.biggerpockets.com/conference?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab David’s New Book, “SKILL”, and Part 1, “SOLD”: SOLD: https://store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=youtube&utm_medium=description&utm_campaign=none SKILL: https://store.biggerpockets.com/products/skill-a-top-producing-agent-s-guide-to-earning-unlimited-income?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Want to Find Off Market Deals? Get Anson Young’s Book: https://store.biggerpockets.com/products/finding-and-funding-great-deals?utm_source=youtube&utm_medium=description&utm_campaign=none Listen to Our Interview with Dan Brault: https://www.biggerpockets.com/blog/biggerpockets-podcast-480-dan-brault?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Ask Your Question on The BiggerPockets Forums: https://www.biggerpockets.com/forums?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ ~~~~ Connect with David on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Episode 624 Show notes at: https://www.biggerpockets.com/blog/real-estate-624?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:04 Quick Tip 02:24 Buying Your First Rental 05:33 New Real Estate Agent Tips 09:18 Getting Around High Down Payments 15:55 Questions from The Comment Section 21:42 How to Finance an ADU 31:33 How to Retire Your Parents 34:26 Direct Mail Tips 38:57 Buying Rentals Without 20% Down 44:45 Ask David Your Question!