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613: 6 Bite-Sized Steps to Buying Your First Rental Property

613: 6 Bite-Sized Steps to Buying Your First Rental Property

FromBiggerPockets Real Estate Podcast


613: 6 Bite-Sized Steps to Buying Your First Rental Property

FromBiggerPockets Real Estate Podcast

ratings:
Length:
68 minutes
Released:
May 24, 2022
Format:
Podcast episode

Description

Buying an investment property is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and help from those around you), you can become a real estate (or jiu-jitsu/weight lifting/yoga) expert! Think of David Greene and Rob Abasolo as your spotters for today’s deep dive into buying a rental property. Their advice will help you lift the weight, even if you feel uneasy at times!David and Rob, unsurprisingly, started out like everyone else in the real estate investing space. They had no deals, no experience, and not a lot of money. But, over the past decade, both have become experts in their specific investing niches—through trial and a lot of error. Now, they bring you more than a decade worth of combined experience so you can stop hesitating and start taking action.If 2022 is the year for you to start building wealth and pave your path to financial freedom, then this is THE episode to listen to. David and Rob discuss the five most common rookie real estate mistakes and six bite-sized steps that will allow you, no matter your experience, to buy your first, or next, real estate deal. They’ll also give a full walkthrough on how to analyze a real estate deal, plus a special bonus that will allow you to hyper-accelerate your growth in the real estate investing world!In This Episode We CoverThe two biggest hurdles that stop people from ever investing in real estateThe wealth-building “pillars” that all investors must know before they start investing Five common mistakes that almost every real estate rookie will faceWhy new investors should “commit” before they start educating themselves Using your network around you to find real estate leads, financing, and contractorsHow to analyze a deal for free using the BiggerPockets Rental Calculator And So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastInvest in David and Rob’s Next PropertyDavid’s YouTube ChannelGrab Your Tickets for BPCon 2022Get a Special Discount on BiggerPockets Pro Using Code “REPOD22“BiggerPockets CalculatorFind an Investor-Friendly Agent in Your AreaHear Our Episode with Rent By the Room Expert Todd BaldwinWatch David’s Interview with CNN on Rising Interest RatesWork with David’s Team at The One Brokerage on Your Next Home LoanConnect with David:David’s InstagramDavid’s BiggerPockets ProfileConnect with Rob:Rob's YoutubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-613See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 24, 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.