How to Invest in Real Estate (Beginner's Guide)

If you’re wondering how to invest in real estate, you’ve come to the right place! BiggerPockets was founded to help real estate investors network, build their skills, and grow their portfolios. In today’s episode, master of multifamily and all things rental-property related, Brandon Turner, shares how you can build momentum and get your next deal under contract.

By overcoming the three roadblocks of real estate investing, you’ll be able to scale your portfolio to heights you’ve never imagined. Achieve financial freedom or surpass it entirely with intelligent, consistent investing so you (and your family) can live a life you love.

If you’re ready to get started, grab your notepad and pen. Brandon is about to show you why your next investment property is within reach.

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Episode 539

0:00 Intro
6:55 The 3 Roadblocks of Real Estate Investing
11:27 Meet Brandon & BiggerPockets
16:36 Why the First Few Deals Matter
20:43 How to Find Money/Financing
29:51 How to Find Deals
41:23 How to Find Direction
52:32 Analyzing a Live Deal
1:07:06 Pivot and Commit!
1:10:25 Want To Be a Pro?
1:21:52 Audience Q&A
1:40:52 Go Get Your First (or Next) Deal!

[vladstinga]

Just closed on a 4 unit 15 mins Thanks BP you 100% made this happen

[alexjedlicka]

I’m 17 looking to get a head start on residential real estate investing. Eventually moving on to commercial. These little tips and pointers are incredibly helpful. After one well on watching videos like these I was lost I was like man I don’t know if I will ever be able to understand all these things. But sure enough 3 weeks later I’m here just adding to my knowledge slowly but surely. I’ve been wanting to start this since I was 15 and it feels good to take action. I’m starting by doing private work on my own home to add value. I hope to apply for my real e state exam at the end of this year when I turn 18. Wish me luck!

[computersbyfrank]

1st time homeowner at 49yo. Offered accepted on a duplex in the ritzy side of town for $646k!! Never thought I could afford it BUT creative financing worked!! Thank you @Bradon & @David for the encouragement and education along the way. Executing and daily action made this happen. Now I’m thirsty for another property!! Thank BP community!!

[LoriLivers]

In my experience - the first was the hardest and the very BEST way to learn. So many mistakes in my first deal but it still all turned out great. It just took a little time to get to great 😂 I totally agree that getting started is the hardest part. Now my rentals fund our boat life 🐬

[ulrichlchegounbalogoun]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

[Tanner_Goodale]

I can't wait to get started here. My goal is to make real estate my family's primary income ten years from now. You guys seem like a great place to start learning.

[jeanc]

This guy is a straight up angel he’s helping thousands of people break away to freedom

[Rafael-rfsp]

I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, real estate, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.

[solomonisrael]

Dam I felt you when you said “I want to be a very present father, and the path I’m headed is not on that direction.”

[Plagius]

I was so scared I wouldn't qualify or understand. Turned out I was over qualified. I've been there 38 months and thanks to you guy I've only paid 5 months of the mortgage.

[ag]

Feels like a purely motivational video.

[anzocarlitos]

Gracias Amigo!!
So much value here.🙏🏼🙏🏼

[billjones]

I’m very new to all of this, but once I get it and it clicks, then I’m able to get my first property… it’ll be go time thereafter!!! Creating Momentum…😎💯💰💫 Thank you for the information!! Great insight!!

[opinionofonion]

Revisiting this! Bought a brand new all appliances included plus a second fridge 2400 sq ft modular home for just under 200k house hacking it with my brother and our roommates pay our mortgage! It really was a learn as you go process but you learn the steps because someone is telling you what do when you actually talk to someone in the field you’re curious about!

[cliffarnold]

Lol. I’m from Boise and said it out loud. Then you answered like you were listening to me.

Great content once again! Thanks!

[skysthelimit.podcast]

Big fans of your show! Would love to have you on ouur podcast. Keep up the good work!

[playersclubworldwide]

That intro was very motivating!
Instead to just poking around I’m going all in on this. 💯

[WEONLYTAKEDUBS]

Love your book Brandon that’s why I’m here.

[ryanburns]

the Rental Property Calculator!! best thing ever

[jorgebetancourt]

Thank very much Brandon and Mr Green, I just got my first investment property, I started to build the machine.