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252.5: How to Buy Your First Rental Property in 11 Steps

252.5: How to Buy Your First Rental Property in 11 Steps

FromReal Estate Rookie


252.5: How to Buy Your First Rental Property in 11 Steps

FromReal Estate Rookie

ratings:
Length:
59 minutes
Released:
Jan 17, 2023
Format:
Podcast episode

Description

Buying your first rental property doesn’t need to be complicated. With some simple steps, you can go from onlooker to real estate investor, collecting passive cash flow every month! But you’ll never get going if you don’t know where to start. So to make 2023 your best year yet, David Greene, investor, agent, and host of the BiggerPockets Real Estate Podcast, sat down to walk through the eleven steps it takes to go from rookie to real estate investor.Real estate is NOT a “get rich quick” type of investment, but it can help you build wealth in a surprisingly short amount of time. Just ask David, who spent years working overtime as a cop, slowly building up a real estate portfolio that eventually led him to financial freedom before most people buy their first house! In this episode, David will walk step-by-step through everything a real estate rookie must do to get their first rental property, how to analyze real estate deals once you find them, and how to repeat the system so your passive income stack grows bigger every year!Ready to become a real estate investing expert in 2023? Sign up for BiggerPockets Pro, where you can access real estate tools and calculators, rookie bootcamps, lease agreement packages for all fifty states, unlimited webinar replays, and exclusive videos. Start 2023 off right, and use code “NEWYEAR” at checkout for a special discount!In This Episode We CoverHow to buy your first rental property in 2023!How David went from almost giving up to financial freedom in only a few yearsHow to analyze a real estate deal in minutesThe eleven steps to success when starting in real estate investingHow to find real estate deals in ANY market using the LAPS funnelWhy so many people fall short of their new year’s resolutions and how you can succeed in 2023Using BiggerPockets Pro to get your first real estate deal even faster! And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramBiggerPocketsBiggerPockets ForumsBPCon 2023BiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets InstagramBiggerPockets Rent EstimatorBiggerPockets Rental Property CalculatorBiggerPockets Podcast ShopBiggerPockets ProBiggerPockets Pro-Exclusive VideosReal Estate Rookie Facebook GroupReal Estate Rookie Youtube ChannelConnect with David:David's BiggerPockets ProfileDavid's InstagramCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-bonusInterested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 17, 2023
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.