613: 6 Bite-Sized Steps to Buying Your First Rental Property 01:08:04

    <p><strong>Buying an investment property</strong> is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and help from those around you), you can become a real estate (or jiu-jitsu/weight lifting/yoga) expert! Think of <strong>David Greene</strong> and <strong>Rob Abasolo</strong> as your spotters for today’s <strong>deep dive into buying a rental property</strong>. Their advice will help you lift the weight, even if you feel uneasy at times!</p><p>David and Rob, unsurprisingly, started out like everyone else in the<strong> </strong><a href="https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide"><strong>real estate investing</strong></a> space. They had <strong>no deals, no experience, and not a lot of money.</strong> But, over the past decade, both have become experts in their specific investing niches—through trial and a lot of error. Now, they bring you more than a decade worth of combined experience so you can <strong>stop hesitating and start taking action.</strong></p><p>If <strong>2022 is the year for you to </strong><a href="https://www.biggerpockets.com/blog/number-1-wealth-building-strategy-everyone-should-do"><strong>start building wealth</strong></a> and pave your path to <strong>financial freedom</strong>, then this is THE episode to listen to. David and Rob discuss the five most common <strong>rookie </strong><a href="https://www.biggerpockets.com/blog/2016-03-22-10-lethal-mistakes-avoid-real-estate-investment"><strong>real estate mistakes</strong></a> and <strong>six bite-sized steps</strong> that will allow you, no matter your experience, to <strong>buy your first, or next, real estate deal</strong>. They’ll also give a full walkthrough on <strong>how to analyze a real estate deal</strong>, plus a special bonus that will allow you to hyper-accelerate your growth in the real estate investing world!</p><p><strong>In This Episode We Cover</strong></p><p>The <strong>two biggest hurdles</strong> that stop people from ever investing in real estate</p><p>The <strong>wealth-building “pillars”</strong> that all investors must know before they start investing </p><p><strong>Five common mistakes</strong> that almost every real estate rookie will face</p><p>Why new investors should “commit” before they start educating themselves </p><p>Using your network around you to <strong>find real estate leads, financing, and contractors</strong></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investment-analysis"><strong>How to analyze a deal</strong></a><strong> for free</strong> using the <a href="https://www.biggerpockets.com/rental-property-calculator">BiggerPockets Rental Calculator</a> </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.investwithdavidgreene.com/">Invest in David and Rob’s Next Property</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David’s YouTube Channel</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Grab Your Tickets for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/proupgrade?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get a Special Discount on BiggerPockets Pro Using Code “REPOD22“</a></p><p><a href="https://www.biggerpockets.com/rental-property-calculator?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none%20">BiggerPockets Calculator</a></p><p><a href="https://www.biggerpockets.com/agent/match?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find an Investor-Friendly Agent in Your Area</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-392-todd-baldwin?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none%20">Hear Our Episode with Rent By the Room Expert Todd Baldwin</a></p><p><a href="https://www.instagram.com/p/CdUejXXMmqN/%20">Watch David’s Interview with CNN on Rising Interest Rates</a></p><p><a href="https://www.the1brokerage.com/%20">Work with David’s Team at The One Brokerage on Your Next Home Loan</a></p><p><strong>Connect with David:</strong></p><p><a href="https://www.instagram.com/davidgreene24/">David’s Instagram</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24">David’s BiggerPockets Profile</a></p><p><strong>Connect with Rob:</strong></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's Youtube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://mobile.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-613</p>
  <p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>