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How to Manage Your Time Like a MillionaireĬlick here to check the full show notes: Putting Yourself in the Best Financial Position as a First Time Home Buyerīig Goals? Here’s How to Get Your Spouse or Partner on Boardīecoming a Millionaire Real Estate Investor Grab the First-Time Home Buyer Book Bundle and Use Code “BPKELLER” at Checkout Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Housing horror stories and whether or not your agent needs to tell you about the ghost haunting your kitchen Tracking your net worth and why you MUST know your personal profit and loss Signs of a great agent and the MOST important trait they must haveĮasy improvements that will shoot up your home’s value How to lower your mortgage rate WITHOUT increasing your cost to close Why you should NEVER sell your first home (and what you should do instead) Jay also includes a little-known way to lower your mortgage rate on your next home, so you can pay less and profit more when you move out! In this episode, Jay walks through what first-time home buyers should be looking for when scouting out houses, the telltale signs of a great (and not-so-great) real estate agent, simple improvements you can make to increase property value dramatically, and what to do with today’s high mortgage rates.

So, how do you build wealth when buying your first property? Now, a good twenty years later, this property alone has made Jay close to a million dollars, and he thinks today’s homebuyers could be in the same position. He had just moved to Austin, Texas, and bought the worst property in the best neighborhood he could find. It wasn’t until Jay was thirty that he finally pulled the trigger on purchasing a property.

Even Jay Papasan, executive at Keller Williams and bestselling author, wishes he made his first home purchase faster.

And who can blame you? In 2023, with high mortgage rates and stiff competition, more and more would-be home buyers are staying put as renters-but this could be a big mistake. As a first-time home buyer, you may be struggling to make a move.

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