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589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property

589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property

FromBiggerPockets Real Estate Podcast


589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property

FromBiggerPockets Real Estate Podcast

ratings:
Length:
52 minutes
Released:
Mar 29, 2022
Format:
Podcast episode

Description

Want to know how to buy a rental property? If rising home prices, rent prices, and fierce market competition have you struggling to get something under contract, your real estate saviors, David Greene and Rob Abasolo are here to help. In 2022’s hot housing market, it can seem almost impossible for new real estate investors to get their foot in the door. But, if you follow what the experts are doing, you may be able to lock up your next investment while other buyers are stuck in bidding wars.Whether you’re wondering how to buy your first rental property or your next rental property, David and Rob have answers for you. They’ve partnered up to buy luxury short-term rental properties in sunny Arizona, all while recording the exact steps they’re taking to land a deal. If you’re already investing in real estate, some of these steps may seem familiar to you, but the gems that David and Rob drop are rarely discussed (and incredibly helpful).So, if you’re ready to start your real estate investing journey, build wealth, rake in cash flow, and build passive income, you’re in the right place. David and Rob define their ten steps to investing success so you can spend less time analyzing deals and more time collecting rent checks.In This Episode We Cover:How to define your investment criteria so you can find deals that fit your needsWorking with a partner and keeping the line of communication openBlocking off time so you (and your partners) can focus on crossing the finish lineWhat to look for in a real estate agent and how to communicate to them what you wantWriting your offer with multiple strategies in mind so you can beat the competitionHow to not become “emotionally attached” to deals that look too good to be true And So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelQuickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent FinderDave Ramsey's WebsiteZoomBiggerPockets PodcastAirDNAVoice NotesBump AppZillowDavidGreene TeamConnect with Rob and David:Rob's InstagramDavid's BiggerPockets ProfileDavid's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/real-estate-589See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 29, 2022
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.