In real estate, creative finance can be your best friend. And when you’re ready to invest but don’t have the money readily available, that can feel like a full-stop roadblock. But there are ways around your down payment doubt. With thoughtful market research and a bit of creativity when it comes to your financing, you can gain confidence and get started.
These are two of the key components of Pooja Jindal’s investing method. After her primary residence became a long-term rental property, she caught the bug and bought another property, and then another, and several more after that. Over the years, Pooja developed a system that helps her choose, evaluate, and invest with confidence and clarity.
In this episode, Pooja covers everything you need to know to stop stalling and start investing. She highlights the importance of building a community, different ways to do the money math, managing rental properties from a distance, staying motivated and setting investing goals, and getting creative when traditional financing isn’t enough. Whether you’re searching for your primary residence, a second home, or an investment property for short or long-term rentals, Pooja’s advice will help kick-start your real estate journey.
00:00 Intro
05:31 Getting Started in Real Estate
07:13 Pooja’s Portfolio
09:44 Managing Properties From a Different Country
12:22 Key Steps to Confident Investing
16:12 Staying on Top of Shifting Numbers
20:19 Considering Expenses Before Cash Flow
22:26 Staying Motivated & Setting Goals
27:39 When Cash Flow ISN'T Everything
31:06 Property Peace of Mind
39:04 Rookie Deal Review
48:26 Rookie Exam
50:57 Connect with Pooja!
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Find an Investor-Friendly Agent in Your Area:
https://www.biggerpockets.com/agent/match?utm_source=owned_media
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Unlock Some of Pooja’s Amazing Research with the “On the Market” Podcast:
https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
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How to Get Around High Down Payment Requirements:
https://www.biggerpockets.com/blog/real-estate-624?utm_source=youtube&utm_medium=description&utm_campaign=none
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The Essential Elements of the Creative Financing Toolbox:
https://www.biggerpockets.com/blog/creative-financing?utm_source=youtube&utm_medium=description&utm_campaign=none
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Overseas Real Estate Investing… For Real?
https://www.biggerpockets.com/blog/2013-05-11-overseas-investing-for-real?utm_source=youtube&utm_medium=description&utm_campaign=none
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Software Mentioned in Today’s Episode:
AirDNA: https://www.airdna.co/biggerpockets
Avail: https://info.avail.co/info/bigger-pockets-sponsorship
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Connect with Pooja:
BiggerPockets: https://www.biggerpockets.com/users/poojaj2?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @pooja.jindall or https://www.instagram.com/pooja.jindall/
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
Episode 259
Show notes at: https://www.biggerpockets.com/blog/rookie-259?utm_source=youtube&utm_medium=description&utm_campaign=none
#biggerpockets #realestaterookie #rookie259