Property Challenge Podcast

YOUR FIRST REAL ESTATE DEAL


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If you are brand new to real estate and feeling intimidated, this episode is for you.


In Episode 52 of The Property Challenge Podcast, I go all the way back to the basics. I’m talking to the person who is about to look at their very first deal and doesn’t even know where to start.


I remember being 21 years ago, broke, on Section 8, overwhelmed, and intimidated by everyone around me who looked successful. I didn’t know what a mortgage was. I didn’t understand liens, encroachments, or even what real estate truly meant.


So in this episode, I break it down step-by-step the way I wish someone had broken it down for me.


Inside this episode, I cover:

  • Why your first deal will be your hardest deal
  • Why comparison will kill your momentum
  • The importance of choosing ONE strategy (wholesaling, fix and flip, or rentals)
  • A simple breakdown of how wholesaling works
  • How to use the 70% Rule to analyze deals
  • Where to actually find deals (realtors, PropStream, driving for dollars, networking)


One of the most important things I say in this episode:


“Your first deal is you versus you.”


The biggest battle isn’t the market. It’s not the numbers. It’s your mindset.

You don’t need a real estate license to get started.

You don’t need to know everything.

You don’t need to be perfect.

You need a strategy.

You need a team.


If you’re serious about building wealth through real estate, this episode gives you a beginner’s blueprint you can actually follow.


Drop a comment and tell me:

What strategy are you choosing first — wholesaling, fix and flip, or rentals?


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Go Here: https://investorcircles.com


LISTEN ON SPOTIFY: https://open.spotify.com/show/4SqljVgYSI2caCxeU4YmKB?si=8ce654b41b714f16


FOR MORE HERE:https://www.youtube.com/@PropertyChallengePodcast

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Property Challenge PodcastBy Terrica Lynn Smith

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