136: The 6-Step Process for Buying Your First Rental Property

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 4 December 2021

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you’re wondering how to buy your first rental property, there is arguably no better place on the internet to learn than BiggerPockets. Ashley Kehr should know, she tripled her portfolio after she found the BiggerPockets forums. But, in order for Ashley to triple her portfolio, she had to make the leap and buy her first deal. Today, she’ll teach you how to do the same, so you can reach financial freedom. Ashley wasn’t born into a real estate family. She worked a nine-to-five job as an accountant, only to realize she hated it and later quit. She began working for a local investor and started learning the real estate management game. Ashley then partnered with the son of her boss, who provided her the capital to begin investing. In less than a decade, Ashley was able to reach financial freedom, retire from any possibility of a regular workweek, and spend more time with her children. Now, it’s time for you to do the same! In This Episode We Cover The six-step process to go from real estate onlooker to real estate investor How real estate can help you build long-lasting, generational wealth Why doesn’t everyone invest in real estate if it’s so great? The five mistakes that almost every real estate investor makes Running through the numbers on a live real estate deal analysis Real estate strategies for every type of rookie investor And So Much More! Links from the Show Real Estate Rookie Youtube Channel Ashley's Instagram Tony's Instagram Real Estate Rookie FaceBook Group BiggerPockets Bootcamp BiggerPockets Forums BiggerPockets Webinars Joshua Dorkin's Website BiggerPockets BiggerPockets MarketPlace MLS BiggerPockets Calculator BiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr BiggerPockets AlreadyPro BiggerPockets Newbie Worksheet BiggerPockets Newbie Slides BiggerPockets 7 Years Realtor Sold Listings BiggerPockets Conference Check the full show notes here: https://www.biggerpockets.com/rookie136 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie Episode 136.
0:05.9	Real Estate, I don't feel like you're just jumping off a cliff and seeing what happens
0:12.4	and seeing where you land.
0:14.3	But this is the truth of really what it is.
0:16.4	It's a path and it can be really, it can be up and down, it can have twists and turns,
0:20.4	but you just have to stay on the path and you guys can do anything you get there.
0:26.5	My name is Ashley Care and I'm here with my co-host Tony Robinson.
0:31.1	And welcome to the Real Estate Rookie where we demystify real estate investing for new
0:35.8	investors by breaking down the basis, getting into the nitty-gritty and giving you the inspiration
0:41.0	and information you need to get started.
0:43.2	Today we actually have a very different type of show for you guys.
0:48.8	We are going to break down how to be a newbie investor and get your first deal in 90 days.
0:56.0	So we have a special webinar recording that we are going to play for you guys and it
1:01.6	is going to go through everything you need to know to acquire your first deal.
1:07.2	So Tony, what are a couple things that are highlighted in this webinar?
1:10.6	Yeah, well first we got to say, actually where is this webinar coming from?
1:13.4	Don't say yourself short here.
1:16.0	So Tony, this is a webinar that I recorded previously actually when I was live in Denver
1:22.0	and we are going to play it for you guys and we talk about basically how to analyze a deal,
1:29.1	how to source a deal.
1:31.4	It really gives you a breakdown of the Real Estate Rookie bootcamp too that is hosted.
1:37.2	If you are interested in that and you want to get on the wait list,
	...

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