177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

It’s hard being a first time home buyer, especially if you don’t have any experience with real estate, property values, or market appreciation. You may be wondering how you’ll be able to buy a home that will help increase your net worth, or at least, not shrink it. Scott and Mindy are on today to tell you how to make the best first time home buying decision possible. We’ll go through the most common myths that first time home buyers tend to get caught up in. Myths such as: Buy as much home as you can Buy your “forever home” as your first time purchase Your home is an investment And more.. If you’re interested in gaining some appreciation with your first home purchase, Scott and Mindy also walk through the most common exit strategies and how you can prepare to use them. You’ll also hear some great advice on how to find a good deal in your area. And no, a good deal doesn’t just mean a deal that is lower than market average! Want to know more about how to successfully buy your first home? Scott and Mindy’s new book First Time Home Buyer can be ordered now! In This Episode We Cover What most home buyers get wrong when buying their first house The most common myths that first time home buyers believe How to find a good deal, regardless of the area you live in Knowing EXACTLY what kind of house you want to buy Buying a house that works for you and your partner (if living together) Preparing calmly to act aggressively so you can get a perfect home under contract And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

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106: Planning For Your Future Wealth with Megan Gorman from The Wealth Intersection

106: Planning For Your Future Wealth with Megan Gorman from The Wealth Intersection

Megan Gorman started learning about money very early – at age 5 she begged her parents for a Little House on the Prairie Dress. Her parents said we’re not buying it for you, but you can save up for it...

6 Jan 20201h 4min

105: Budgeting Yourself OUT of Debt and Into a Fantastic Life with Jen Hemphill

105: Budgeting Yourself OUT of Debt and Into a Fantastic Life with Jen Hemphill

Jen Hemphill was born in Colombia and lived there for the first eight years of her life. The economy was really bad, and her earliest memories were of a scary time when her educated father did whateve...

30 Dec 20191h 1min

104: Cash-Flowing a Series of Mini-Retirements with Steven & Lauren from Trip of a Lifestyle

104: Cash-Flowing a Series of Mini-Retirements with Steven & Lauren from Trip of a Lifestyle

Lauren and Steven met in high school and attended the same college. After undergrad, Steven was accepted into the Ph.D. program at UC Irvine. During the first year, he decided he didn’t really want a ...

23 Dec 20191h 17min

103: Budgets Really ARE Sexy! with J. Money

103: Budgets Really ARE Sexy! with J. Money

J Money wasn’t necessarily BAD with money, but his first home purchase - made because everyone else was doing it - prompted him to seek out advice about money. He stumbled upon the blogging world and ...

16 Dec 20191h 14min

102: Understanding How Your Personal Money Story Shapes Your Financial Future with Jean Chatzky

102: Understanding How Your Personal Money Story Shapes Your Financial Future with Jean Chatzky

Jean grew up in a family where money wasn’t a big issue. Her parents saved for big purchases like vacations, but frugality was part of her everyday life. She graduated from college without any debt, a...

9 Dec 201948min

101: Building a Life of Financial Independence, Starting From Less Than Zero with Sunitha Rao

101: Building a Life of Financial Independence, Starting From Less Than Zero with Sunitha Rao

Sunitha Rao remembers a childhood of scarcity. Born to immigrant parents, some of her first memories are of her home being broken into, and her things being stolen. The only money lessons she was taug...

2 Dec 201954min

100: From Financial Disaster to Real Estate Master with Brandon Turner

100: From Financial Disaster to Real Estate Master with Brandon Turner

You probably know Brandon Turner from the BiggerPockets Real Estate Investing podcast. On that show, he sounds like he’s got his life all together. But before he discovered the RIGHT way to do real es...

25 Nov 20191h 31min

99: Life After FIRE - Four Case Studies with Scott, Whitney Hansen, and Doc G.

99: Life After FIRE - Four Case Studies with Scott, Whitney Hansen, and Doc G.

On today’s episode of the BiggerPockets Money Podcast, Co-Host Scott Trench teams up with two personal finance superstars in Whitney Hansen and Doc G of Diversefi.com. Together, they hear four “life a...

18 Nov 201949min

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