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

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 29 March 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Want to know how to buy a rental property? If rising home prices, rent prices, and fierce market competition have you struggling to get something under contract, your real estate saviors, David Greene and Rob Abasolo are here to help. In 2022’s hot housing market, it can seem almost impossible for new real estate investors 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. Whether you’re wondering how to buy your first rental property or your next rental property, David and Rob have answers for you. They’ve partnered up to buy luxury short-term rental properties in sunny Arizona, all while recording the exact steps they’re taking to land a deal. If you’re already investing in real estate, some of these steps may seem familiar to you, but the gems that David and Rob drop are rarely discussed (and incredibly helpful). So, if you’re ready to start your real estate investing journey, build wealth, rake in cash flow, and build passive income, you’re in the right place. David and Rob define their ten steps to investing success so you can spend less time analyzing deals and more time collecting rent checks. In This Episode We Cover: How to define your investment criteria so you can find deals that fit your needs Working with a partner and keeping the line of communication open Blocking off time so you (and your partners) can focus on crossing the finish line What to look for in a real estate agent and how to communicate to them what you want Writing your offer with multiple strategies in mind so you can beat the competition How to not become “emotionally attached” to deals that look too good to be true And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder Dave Ramsey's Website Zoom BiggerPockets Podcast AirDNA Voice Notes Bump App Zillow DavidGreene Team Connect with Rob and David: Rob's Instagram David's BiggerPockets Profile David's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-589 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the bigger pockets podcast show 589.
0:05.2	What I look for is me.
0:07.7	So I think I'm a good realtor
0:09.4	because I buy a lot of real estate.
0:11.1	So if you come to me and you say,
0:12.3	David, I want to buy real estate,
0:13.6	I'm not looking at a thumb perspective of a salesperson.
0:16.3	I'm looking at it from the perspective
0:17.9	of someone who wants to help build your wealth.
0:19.8	I like to work with other realtors
0:22.0	who also own real estate and who like real estate.
0:25.3	They don't have to be a realtor.
0:26.8	They want to be a realtor.
0:28.9	This is David Green, your host of the bigger pockets real estate podcast.
0:30.9	Here today with my co-host Rob, Robilt, Abisolo.
0:43.2	How's it going today, Rob?
0:44.5	Oh, it's going good, man.
0:45.5	Just in the throes of putting together offers and negotiations
0:49.1	and renegotiations and triple renegotiations.
0:52.1	But I think we're getting to some closure here,
0:54.1	which I'm really excited to share with the audience at home.
0:56.0	Yes.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.