BiggerPockets Real Estate Podcast - The Most Boring Way to Get Rich with Rentals

Episode #1260 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=youtube_qr_code&utm_campaign=real_estate_show This is *the most boring way to get rich with rentals.* It’s not flashy, it’s not sexy, but it works—and it *doesn’t even take that long* to pull off. You don’t need to have hundreds of thousands of dollars saved up, investing experience, or dozens of rental properties. In fact, you can *build over a million dollars in wealth with just four to five properties:* no big apartment complexes, no complicated strategies, no sketchy financing. That’s what we’re all after, right? *Boring ways to build wealth.* We want consistent five and six-figure cash flow hitting our bank accounts every year with millions in equity. But if it’s so boring and easily accessible, *why isn’t everyone doing it?* Well, that’s where many Americans are wrong— *thousands of real estate investors are using this same strategy* to slowly and steadily build wealth without the stress of scaling a huge real estate portfolio. Dave has done it, dozens of top investors we’ve interviewed on the show have done it, and now you can, too—even if you’re *starting from square one.* This is the boring way to build wealth with real estate. Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Dave’s Book, _Real Estate by the Numbers_ : https://store.biggerpockets.com/products/real-estate-by-the-numbers?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders House Hacking 101: https://www.biggerpockets.com/blog/house-hacking?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 01:03 The Boring Way to Get Rich 04:15 How Much Money to Start? 07:07 Best Properties to Buy 10:45 Sponsor: REsimpli! 11:25 Property 1 Numbers 18:03 Using Equity to Invest AGAIN 22:01 Property 2 - 4 (Bigger Value-Add) 23:42 The Millionaire Math 29:39 Boring Strategy Recap