How to Buy Your First Rental Property in 6 Steps

If you’re wondering how to buy your first rental property, there is arguably no better place on the internet to learn than BiggerPockets. Ashley Kehr should know, she tripled her portfolio after she found the BiggerPockets forums. But, in order for Ashley to triple her portfolio, she had to make the leap and learn how to buy her first deal. Today, she’ll teach you how to do the same, so you can reach financial freedom.

Ashley wasn’t born into a real estate family. She worked a nine-to-five job as an accountant, only to realize she hated it and later quit. She began working for a local investor and started learning the real estate management game. Ashley then partnered with the son of her boss, who provided her the capital to begin investing.

In less than a decade, Ashley was able to reach financial freedom, retire from any possibility of a regular workweek, and spend more time with her children. Now, it’s time for you to do the same!

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Episode 136

0:00 Intro
2:58 Real Estate Investing for Freedom
6:11 How Real Estate Builds Wealth
11:49 Why Isn't Everyone Investing in Real Estate?
13:12 Get to Know Ashley
19:50 The 6-Step Plan for Buying a Rental
31:36 Analyzing a Live Deal!
49:40 Top 5 Mistakes Investors Make
54:46 Want to Be a Real Estate Pro?
1:04:55 Real Estate Q&A

[inea-fijourney]

taking note! great webinar!! 2022 is the year we WILL get our first property!

[davedavila]

Thank you Ash and Tony! So much great educational content!

[GlobalWomenBusiness]

Your podcast real estate information is a great tool for a newbie. Thank you for all you do!

[alwaystamcam]

Love, love, LOVE this webinar!!! Thanks, Ashley!!!

[karimamesboua]

Great webinar, very informative. Thank you.

[stephaniecaranna]

I learned so much thank you for this video!

[evas]

What is your target cashflow per door? Or better put, what should new investors target per door in this current market?

[pynoypride]

I love you guy! We almost made a huge mistake after finally deciding on pulling the trigger. Luckily our mentors and our lender (also mentor) saved us because I neglected to listen to my wife and the math… We almost made a $300k+ mistake… I’m going all the way back to basics again… thank you for what yall do

[karenmolnar]

Can't wait to start the boot camp too!!

[cynahmon]

Financial freedom and work for myself. Teach my son the same.

[alpinewhite]

Could you please share the lender you use that does units owned by an LLC? Thanks.

[TroyKearns]

Great Video, I would love to do an interview with you!

[DL-]

If I get 3 secured loans today to boost up my credit profile, how long will I have to wait to apply for a mortgage?

[tripleseven]

Love you and Tony for the content you provide!! Thanks Ash!!!

[stephaniecaranna]

I live in Clearwater Florida I would love to get a duplex.

[josielacis]

Have quality time with my family as well as financial freedom

[armandohiguera]

I am 100% new to this and just taking notes and familiarizing myself with the different terms and absorbing as much knowledge as possible. One question I have, if anyone out there is kind enough to explain, Ashley mentioned joining an MLS to get those free emails. I did a google search on MLS and it mentioned that is only open to brokers and realtors? Is it something that I am missing here?

[maryg]

I am a Real Estate agent in the San Bernardino Country

[hazelvillas]

Can you do it in Canada specifically Ontario?

[MoneyVanessa]

Can’t wait for boot camp to start! 🙌🏻🙌🏻