How to Buy Your First Investment Property (Step-by-Step)

#fundrisetestimonial #fundrisepartner

In this video, I go over the step by step process on how to buy your first investment property.

Be sure to watch all the way through to get a full explanation and walkthrough on everything you need to know to make your first successful acquisition. There are a lot of ways you can go about buying your first property or rental, but I've done the research (and I've learned the hard way) so that you don't have to and this video will educate you on everything you should and shouldn't do.

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If you want to learn more about real estate and what you can do to invest, be sure to check out my other videos:

5 Profitable Ways to Invest in Real Estate in 2022!

7 Things to Know BEFORE Buying a Rental Property

Happy investing!

-Charlie

#realestate #rentalproperty #investing

Timeline:
0:00 - Intro
0:22 - Where The Real Estate Market Is Now
1:19 - Step #1
1:50 - Having Good Credit
2:16 - Step #2
2:30 - The Foundation Of Your Property
3:13 - Landlord-Friendly States
4:00 - Popular Cities To Invest In
4:30 - Invest In Real Estate With Fundrise
5:25 - Step #3
6:20 - Best Way To Find Team Members
7:01 - Step #4
8:04 - Step #5
9:10 - Step #6
9:51 - Step #7
10:27 - Step #8
11:32 - Step #9
12:16 - Conclusion

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps to support our channel and keep our videos free. Thank you!

In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.

[CharlieChang]

These concepts can also be applied to buying a primary home and renting out rooms! Happy real estate investing everyone and I hope you find this free guide helpful!
-Charlie

[jgtdragon]

I can no longer invest in my area (SF Bay Area) so I been looking out of state. Mainly in Texas and Florida with landlord friendly laws, but finding a good property management is really important. Good luck everyone! I agreed, one of the quickest way to be a millionaire is with Real Estate!

[easylivingsherpa]

Masterful teacher chan. A large wind always start with light breeze.

[sandiabysandie]

Rentberry!! is another great place to find Tenants!!

[michaljk]

You’re so amazing, I wonder if there’s a UK version for this

[Nanas_Flippin]

Thank you! I'm excited to start my journey in real estate investing!

[marcusbazan]

Couldn’t you get a private money from a lender who can cover the down deposit?

[SpencerJohnsonOfficial]

Super helpful video. I live in Texas and the investment opportunities here are awesome, I just wish I had the money to invest right now. I start my post-grad job in July and am looking forward to stashing away as much money as I can to be able to invest in properties and other investments outside of my retirement accounts one day.

[bobbymainz]

I’m still concerned with the volatility in the market, especially since we haven’t really seen the effect of the fed raising rates yet. Could be lots more pain down the road!

[IKEMENOsakaman]

Hi Charlie, you are such an inspiration. I'm still young (just got out of college), but I wanna follow your footsteps and become rich!!!

[FJX]

Does this also help with buying a house as your primary residence?

[aroonaranya]

A $43, 000 profit sent to my portfolio each week, Ms. Angela cole car is amazing.

[carriec]

Can't buy now because people are crazy.. over bidding. Asking price was 575k. I offered 600... I was outbid.. someone offered 620k... crazy

[talkdeepwithg]

To the person reading this, I hope you remember you are capable of anything you set your mind to. Go for your dreams. Don’t give up. Keep going! You will get there one day and in the meantime, enjoy the journey. You got this 🫶