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BiggerPockets Real Estate Podcast

200: A Step-by-Step Guide to Buying Your First Real Estate Investment

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 10 November 2016

⏱️ 88 minutes

🧾️ Download transcript

Summary

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started. In This Episode We Cover: Commit Gain Knowledge Get Your Life in Order Decide on What You Want With Your life Decide What Niche/Strategy is Going to Get You There Set Your Goal(s) Choose Your Farm Location Figure Out Your Financing Get Your Core Team Together Start Looking for Deals Estimate Rehab Budget Run the Numbers Review Your Numbers With Someone Make the Offer Negotiate and Get It Under Contract Manage the Due Diligence Process Keep Yourself Organized Buy the Property Manage the Property or Rehab Stick Close to BiggerPockets for Every Step of This process Connect with Brandon and Josh Josh’s BiggerPockets Profile Brandon’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets Podcast Show 200.

0:07.0

You're listening to Bigger Pockets Radio, simplifying real estate for investors

0:16.2

large and small. If you're here looking to learn about real estate investing

0:20.4

without all the height, you're in the right place. Stay tuned and be sure

0:25.1

to join the millions of others who have benefited from bigger pockets.com.

0:29.6

Your home for real estate investing online.

0:32.8

What's going on everybody?

0:33.8

This is Josh Dorkin.

0:35.0

Host to the BiggerPockets podcast,

0:37.4

here with my co-host, Mr Brandon Turner,

0:40.5

here for the Epic Show 200. What's going on man? This is going to be epic isn't

0:46.1

it? How are you doing? Oh my God, how the hell are we still here? I don't know.

0:50.6

200 episodes is pretty significant. That's not a lot of shows out there they got 200 yeah they haven't thrown us off the air yet they have not thrown us out the air

0:58.0

That's good we'll have to keep paying them money and they'll they'll on. Yes, yes, yes, yes, I'm good man, I'm I'm pumped.

1:05.8

I'm pumped for show 200.

1:07.6

This is great.

1:09.2

I mean, we're almost four years now.

1:10.6

It's been it's been a real journey. It has been a journey and I am I have been

1:15.4

happy to walk it with you and I'm looking forward to the next 200. Oh that's

1:19.6

really kind of you. You got a sweet thing to say? I you know I I don't know if I would use the exact same words but you know it's it's

1:28.5

been a fun adventure Brandon and and and I certainly look forward to the next 200 as well.

1:34.0

Nah man, you're great.

...

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