cover of episode 589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property

589: 10 Actionable Steps Anyone Can Follow to Buy a Rental Property

Publish Date: 2022/3/29
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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    <p>Want to know <strong>how to buy a rental property</strong>? If rising home prices, rent prices, and fierce market competition have you struggling to<strong> get something </strong><a href="https://www.biggerpockets.com/glossary/under-contract"><strong>under contract</strong></a>, your real estate saviors, <strong>David Greene</strong> and <strong>Rob Abasolo</strong> are here to help. In 2022’s hot housing market, it can seem almost impossible for n<strong>ew real estate investors</strong> to get their foot in the door. But, if you follow what the experts are doing, you may be able to lock up your next investment while other buyers are stuck in bidding wars.</p><p>Whether you’re wondering <a href="https://www.biggerpockets.com/blog/rookie-podcast-136"><strong>how to buy your first rental property</strong></a> or your next rental property, David and Rob have answers for you. They’ve partnered up to buy luxury <a href="https://www.biggerpockets.com/blog/short-term-rental-market-watch">short-term rental</a> properties in sunny Arizona, all while recording<strong> the exact steps they’re taking to land a deal</strong>. If you’re already investing in real estate, some of these steps may seem familiar to you, but the <strong>gems that David and Rob drop </strong>are rarely discussed (and incredibly helpful).</p><p>So, if you’re ready to <strong>start your </strong><a href="https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide"><strong>real estate investing</strong></a><strong> journey</strong>, build wealth, rake in cash flow, and build passive income, you’re in the right place. David and Rob define their<strong> ten steps to investing success </strong>so you can spend less time analyzing deals and more time collecting rent checks.</p><p><strong>In This Episode We Cover:</strong></p><p>How to <strong>define your </strong><a href="https://www.biggerpockets.com/blog/buying-criteria-rental-property-deal"><strong>investment criteria</strong></a> so you can find deals that fit your needs</p><p><strong>Working with a partner</strong> and keeping the line of communication open</p><p><strong>Blocking off time </strong>so you (and your partners) can focus on crossing the finish line</p><p><strong>What to look for in a real estate agent </strong>and how to communicate to them what you want</p><p><strong>Writing your offer</strong> with multiple strategies in mind so you can beat the competition</p><p>How to not become “emotionally attached” to <strong>deals that look too good to be true </strong></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.youtube.com/c/biggerpockets">BiggerPockets Youtube Channel</a></p><p>Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the <a href="https://www.biggerpockets.com/agent/match">Agent Finder</a></p><p><a href="https://www.ramseysolutions.com/">Dave Ramsey's Website</a></p><p><a href="https://zoom.us/">Zoom</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.airdna.co/">AirDNA</a></p><p><a href="https://play.google.com/store/apps/details?id=com.SouthernPacificOceanFisher.VoiceToText_memo&amp;hl=en&amp;gl=US">Voice Notes</a></p><p><a href="https://apps.apple.com/us/app/bump-app/id1353532619">Bump App</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://davidgreene24.com/">DavidGreene Team</a></p><p><strong>Connect with Rob and David:</strong></p><p><a href="https://instagram.com/robuilt">Rob's Instagram</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24">David's BiggerPockets Profile</a></p><p><a href="https://instagram.com/davidgreene24">David's Instagram</a></p><p>Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-589</p>
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