754: EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 18 April 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ready to buy your first rental property in 2023? If you’re going to reach financial independence, retire early, and own your time, you better get started. But you can’t build a rental property portfolio without buying your first, second, or third deal. So, how do you go from real estate zero to rental property hero without having any experience? Take some notes from rental property investing expert David Greene, who built his financial freedom-producing portfolio in under ten years! David walks step-by-step through everything you must do to buy your first rental property in 2023. From finding the deals, getting your financing and loans set up, analyzing a property, and repeating the system. If you listen fully through this episode, you’ll have everything you need to find and buy your first (or next) rental property. So what are you waiting for? Grab a notepad and a pen, and don’t get distracted by David’s beautiful bald head. Now is the time to start building your life of financial freedom! Want to take your real estate investing to the NEXT LEVEL? Reach financial freedom faster and sign up for BiggerPockets Pro with code “RENTAL20” for a special discount! In This Episode We Cover: Why your first few real estate deals DON’T MATTER (as much as you’d think) The “stack” real estate method to build an EXPLOSIVE real estate portfolio The “3 D’s” of real estate investing and where to find dollars, deals, and investing direction The BEST way to find real estate deals (even in a tough market like 2023) How to analyze a rental property (LIVE!) using the BiggerPockets rental property calculator The one tool top investors use to get deals done even faster And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Join BiggerPockets Pro and Use Code “RENTAL20” for 20% Off Try the BiggerPockets Rental Property Calculator on Your Next Deal Estimate Rent Easily with the BiggerPockets Rent Estimator Books Mentioned in the Show: BRRRR by David Greene Long-Distance Real Estate Investing by David Greene SOLD by David Greene SKILL by David Greene SCALE by David Greene The One Thing by Gary Keller Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-754 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. 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, 754.
0:05.0	What the experts know when it comes to investing in real estate is it's not about
0:08.9	tining the market.
0:10.3	People make this mistake so much they're waiting for the entire market to turn around to
0:15.2	where they think investing will be easier.
0:17.3	It's time in the market.
0:19.7	The longer you own property, the better those deals get because of the nature of real
0:24.0	estate.
0:25.0	They also know that focusing on what your portfolio will look like 10 years from now
0:29.2	is more important than just thinking about I want to buy a house and be done.
0:33.1	Okay, let's try this in real life.
0:34.7	Let's analyze that deal that I told you about.
0:37.1	It's going on everyone.
0:38.1	This is David Green, your host of the Bigger Pockets Real Estate Podcast here today
0:41.8	with a special episode for you.
0:44.4	We have got a webinar and I'm going to teach you how to get your first, second or third
0:49.4	rental property.
0:50.8	Every investor will tell you the importance of their first few deals.
0:53.3	They are crucial whether it's learning valuable lessons or building the foundation of their
0:57.2	portfolio, the first few are key.
0:59.8	That's why we created this webinar to cover how to buy your first, second or third rental
1:04.1	property.
	...

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