640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year! 01:26:59

    <p>Knowing <a href="https://www.biggerpockets.com/blog/2014-03-08-buy-rental-property"><strong>how to buy your first rental property</strong></a> can be the difference between you building a life of <a href="https://www.biggerpockets.com/blog/2016-03-28-financial-freedom"><strong>financial freedom</strong></a> or merely treading water working for active income. The life of a real estate investor isn’t glamorous, but it leads to <strong>generational wealth</strong>, <strong>time freedom</strong>, and the ability to <strong>do what you want</strong>, when you want, with who you want. The first step to becoming a real estate investor is<strong> buying your first real estate deal</strong>. This first step is where ninety-nine percent of people stop, but it’s where you will start.</p><p><strong>Dave Meyer</strong>, VP of Data and Analytics and host of <a href="https://www.biggerpockets.com/podcasts/on-the-market"><em>On The Market</em></a>, has built a financial freedom-permitting property portfolio over the last decade. <strong>He doesn’t have thousands of units</strong>, but even with his medium-sized portfolio, he’s been able to <strong>travel the world, live abroad, and continuously build wealth</strong>. He’s here to teach you exactly how to do the same by buying your first, second, or third real estate deal in the next 365 days!</p><p>If you’re able to do so, you will see your life start to change before your eyes. Money will be easier to find, deals will come your way, and <strong>passive income streams </strong>will be dug in your direction. If you’re able to buy your first (or next) deal like Dave describes, put systems in place for future purchases, and slowly build a team around you,<strong> your dream rental property portfolio </strong>won’t be too far away.</p><p><strong>In This Episode We Cover:</strong></p><p><strong>The 3 “Ds” of real estate investing </strong>and how to get over their obstacles</p><p>Why every smart investor continues to <strong>buy even in murky housing markets</strong> like today</p><p>Building<strong> the “LAPS” funnel </strong>that will send real estate deals your way</p><p><strong>How to analyze a rental property for free </strong>using the BiggerPockets <a href="https://www.biggerpockets.com/rental-property-calculator">rental property calculator</a></p><p>The different types of ways you can <a href="https://www.biggerpockets.com/blog/2014-10-18-invest-real-estate-no-money-down"><strong>buy real estate with no money down</strong></a><strong> </strong></p><p>Why the first three real estate deals matter more than most people think</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Ticket for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p>Listen to Dave on The “On The Market” Podcast: <a href="https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY">Spotify</a>, <a href="https://podcasts.apple.com/us/podcast/on-the-market/id1615086704">Apple Podcast</a>, &amp; <a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets</a></p><p><a href="https://www.biggerpockets.com/rental-property-calculator?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Rental Property Calculator</a></p><p><a href="https://www.biggerpockets.com/insights/property-searches/new?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Rent Estimator</a></p><p><a href="https://www.biggerpockets.com/agent/match?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Agent Finder</a></p><p><a href="https://www.biggerpockets.com/real-estate-listings?property_listings=true?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Deals for Sale</a></p><p><a href="https://www.biggerpockets.com/webinar/bonus?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Already a Pro Member? Use Code “PRORENTAL” to Get All the Upgrades Mentioned in This Video</a></p><p><strong>Books Mentioned in the Show</strong></p><p><a href="https://amzn.to/3cHnZmw"><em>Real Estate By The Numbers</em></a> by Dave Meyer</p><p><a href="https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat"><em>BRRRR</em></a> by David Greene</p><p><strong>Connect with Dave:</strong></p><p><a href="https://www.biggerpockets.com/users/davem27?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Dave's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/thedatadeli">Dave's Instagram</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-640</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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