How To Buy Your First Rental (8 Beginner Steps)

In this video, Brandon Turner (author and host of The BiggerPockets Podcast) runs through the 8 steps you need to go through when buying your very first rental property.

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[ZackofAllTrades]

"If you realky want something, you'll find a way. If not, you'll find an excuse."
I needed that.

[LaughtersHouse]

Hey all. If you watch his videos from a year ago, or 2 or 3 years ago you'll notice the process doesn't change. Thats because its really this simple. I found BP in 2017 bought 2 rentals in 2018, 1 in 2019 and about to buy 7 units before the end of this year. I could have bought much more in a shorter period of time. Fear and inaction were my barriers. Once people know you are an investor they will find you money, find you deals and help you grow, its ridiculous. Take informed action...do it today!

[SterlingWhiteRealEstate]

The best time to start was yesterday in real estate. The next best time is NOW..

Take action

[RealEstateWithGaryWilson]

My first rental was a 4 bedroom me and my partner purchased and rented 2 of the rooms that covered the mortgage with extra to spare! That was just the beginning....

[anahlv]

Awesome video! I was able to follow along the whole time. Thank you!

[kellylevine]

It has been well over a year since I listened to you Brandon (side tracked with other things) and look at your amazing beard!! I love it! Glad to see you and your family made it out to Hawaii! Shaka Bra!

[gnomadicnorbert]

Can't believe we can get this knowledge and wisdom for free

[jenniferward]

Super helpful! I train jiu jitsu too! It's a great metaphor on starting something new and working towards any goal.

[tyjameson]

Great video Brandon 👍🏼🙌🏼👌❤️Thank you!!🙏🏽

[ebonyjaiteh]

I love Bigger Pockets! Thank you for everything you share with us Brandon.

[adejola]

This is golden information man. Thank you.

[uriel-heavensguardian]

ThanksFor the video it’s encouraging because I was looking into long-distance rental properties but my family keeps telling me that is a set up for disaster. Thank you for reassuring but it’s possible and OK to do. You just picked up a subscriber

[griffinmalcolm]

My new years resolution is to buy my first home / rental by the end of the year. Already have an agent sending me properties. Going to learn how to analyze them now!

[metalmike]

I love your high energy and yes it's something to be excited about. With real estate you can't go wrong. The odds it would not be profitable are like being struck by lightning!

[rickjohnson]

Great information. I appreciate the help, will be purchasing my first rental property (3 or 4 unit) in a year and getting things prepared. Will be recommending the video to others as well.

[ofnoother]

Is there a video on how we can determine where to buy property?
Do you look at price to rent ratios first? Community, sales prices, taxes and rental laws for LTR vs STRs? Thanks

[jaiedanlee]

Loved the video, straight to the point and very helpful!👍

[nathanleger]

Shout out from Maine ! cant wait to get started... im in the education phase of all of this but i'm super excited.

[featheredserpentofthewest]

Awesome..thanks. I love your books too man

[rentospropertymanagementso]

Very helpful video with great tips for the people who are new to real estate.