252.5: How to Buy Your First Rental Property in 11 Steps
3Description
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 Cover
How to buy your first rental property in 2023!
How David went from almost giving up to financial freedom in only a few years
How to analyze a real estate deal in minutes
The eleven steps to success when starting in real estate investing
How to find real estate deals in ANY market using the LAPS funnel
Why so many people fall short of their new year’s resolutions and how you can succeed in 2023
Using BiggerPockets Pro to get your first real estate deal even faster!
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Rental Property Calculator
BiggerPockets Pro-Exclusive Videos
Real Estate Rookie Facebook Group
Real Estate Rookie Youtube Channel
Connect with David:
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-bonus
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