BiggerPockets Real Estate Podcast

703: The 6-Step Guide to Buying Your FIRST Rental Property


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Don’t think you know how to buy a rental property? Give us just one hour of your time, and you’ll be able to score your first investment property in the next ninety days! No gimmicks, jokes, or get-rich-quick schemes—David Greene and the BiggerPockets team designed this plan specifically for rookie real estate investors who want to get into the investment property game as soon as possible. So, if you’ve been waiting on the sidelines, hoping to one day reach financial freedom, now is the time to plug in and get ready to invest!

David Greene has been investing in real estate for over a decade. Before that, he was a police officer working almost every day of the week, scraping enough money together to buy his first rental property. He reached financial freedom in only a few years, but it took grit, determination, and a tenacious effort to keep moving forwards. Now, he wants to teach you how to do the same, by buying your first rental property in 2023, even with the wild housing market we have on our hands.

David walks through six actionable steps you can start taking to get your first property under contract in just ninety days! If you can carve out fifteen minutes of your workweek for the next few months, we know you’ll be closer to investing than ever before. Anyone can follow these steps to start buying real estate, no matter how much experience or money they're starting with. Ready to invest? Hit play! 

In This Episode We Cover:

How to buy your first rental property in ninety days (or less)

The six steps ANY investor can take find, analyze, fund, and buy an investment property 

Where to find real estate deals and the easiest (and hardest) way to do so

Analyzing a live deal using the BiggerPockets Rental Property Calculator 

Funding your first rental property and how to do so even if you have no money 

Why real estate investors LOVE BiggerPockets Pro (and why you will too!) 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Sign Up for BiggerPockets Pro and Use Code “GOALS2023” for a Special Discount

Rental Property Calculator

Rent Estimator

Pro-Exclusive Videos

Already a BiggerPockets Pro Member? Get the Bonuses from Today’s Webinar

Find an Investor-Friendly Lender


Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-703

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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BiggerPockets Real Estate PodcastBy BiggerPockets

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