Dave Meyer: Build Your Real Estate Empire with Smart Investing | Entrepreneurship | E326

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What makes real estate a smart investment?

Real estate is not that complicated. 90% of the rental properties in the United States are owned by people with one to 10 properties. These are just normal people who are doing this. And the amazing thing about real estate investing is that
Hala Taha 0:25
Find yourself a co-host at airbnb.com slash host. and helps lower your bills. Sign up for free at rocketmoney.com profiting. You need NordVPN to keep your credit card details safe, whether you're shopping on international websites or using public Wi-Fi. To get the best discount off your NordVPN plan, go to nordvpn.com profiting. Attract, interview, and hire all in one place with Indeed. Why would you say that real estate investing is actually entrepreneurship?
Because even if you buy a relatively simple type of real estate investment, you got to do something. You have to find tenants, you have to run the books, you need to be a good property manager, provide a quality place to live. To me, that's running a small business.
Hala Taha 0:48
What are some of the tax benefits that people can get from real estate?
The most common one is just known as...
Hala Taha 1:06
Get a $75 sponsored job credit at indeed.com profiting. Terms and conditions apply. As always, you can find all of our incredible deals in the show notes or at youngandprofiting.com slash deals. Yap gang, 2025 is a year of change for me. I'm single and there's nothing tying me down to Jersey anymore. And so I'm looking to set up residence in Texas or Florida. Yap gang, I was today years old when I learned that real estate investing was really just entrepreneurship. I learned this from Dave Mayer, the guest of today's episode. Dave is the VP of Data and Analytics at BiggerPockets, the host of the popular On the Market podcast, and the author of the new book, Start With Strategy. And I've got to stay there at least six months and one day so that I can save on taxes and switch up my dating pool. Now it's a toss up between Miami and Austin. I'm super familiar with Miami, but I haven't really explored Austin much. And with so many entrepreneurs raving about it, I've at least got to test it out.
Hala Taha 1:29
Whether you're a seasoned investor or want to start real estate as a side hustle, Dave is going to give us a masterclass in real estate investment, economic considerations, and an overview of deal types so that you can figure out the investment strategy that's right for you. Let's jump right into this amazing conversation with Dave Mayer on real estate. So I rented a beautiful home on Airbnb with my business partner this winter so that we could try out Austin and see if it's the right fit for us. Now, I don't really know what I'm going to do in terms of the city I'm living in next year for most of the year, but I do know what I'm going to do with my pad when I'm not in it. And that's hosting on Airbnb, of course.
Hala Taha 1:51
Dave, welcome to Young and Profiting Podcast.
Hala, thanks so much for having me. I'm really excited to be here.
Hala Taha 1:56
Yeah, likewise, I can't wait to learn everything about real estate. You're so knowledgeable about the topic. And so I want to start with a big picture question. I want to understand why you feel like real estate is a good option to invest in over other assets, because I've heard you say in the past that you should get as many real estate assets as you can, as young as you can. The thing is, when it comes to hosting my place on Airbnb, I don't want to worry about the hosting part. I'm so busy with my company and my podcast, and now dating is also a full-time job. But now with Airbnb's new co-host network, I won't have to worry about it. That's right, hosting on Airbnb just got a whole lot easier.

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