How to Buy Your First, Second, or Third Rental Property!

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 27 June 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

“The stack” method is how to buy rental property faster than you thought possible. With so many real estate investing beginners wondering how to build a real estate portfolio, especially in today’s market, Dave Meyer, VP of Market Intelligence at BiggerPockets, decided to reintroduce “the stack” on today’s podcast. In it, he’ll show you exactly how someone with zero real estate investing experience can go from one to two to three rentals and beyond by following this simple framework. If you’ve struggled to buy your first rental property or never made it past the first deal, this is the episode to watch. Dave walks through how you can use “the stack” method to explode your real estate portfolio, the three simple steps to start buying rental properties today, and the one tool top real estate investors use to buy more real estate and find financial freedom faster. Beginner or investing veteran, if you’re feeling stuck but want to reach your financial goals, this might be just what you need. Sign up for BiggerPockets Pro to get unlimited access to the rental property calculator and all the tools from today’s video. Use code “FIRSTPOD24” to receive 20% off! In This Episode We Cover How to buy your first, second, or third rental property using “the stack” method The easiest way to find real estate deals in today’s market, even if you have no experience How to analyze a rental property in just minutes with the BiggerPockets Rental Property Calculator Financing and funding your first/next deal and why it’s not as hard as you think The best real estate investing tool for those who want to explode their portfolios Why real estate is the perfect investment for financial freedom And So Much More! (00:00) Intro (00:35) How to Buy Your First Rental Property (02:53) Achieving Financial Freedom (05:03) Scared to Invest? (09:44) "The Stack" Method (12:11) 1. Finding Deals (14:20) How to Analyze a Rental Property (25:36) 2. Finding Financing/Funding (28:34) 3. Finding Direction (31:14) 3-Step Recap (32:40) What Pro Investors Do Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-2 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

Click on a timestamp to play from that location

0:00.0	Hi everyone and welcome to the Bigger Pockets webinar I'm Dave Meyer.
0:05.0	You may not know this but Bigger Pockets in addition to having a great podcast that you're
0:09.9	listening to also puts out other types of real estate education and one of the most
0:15.4	popular things that we offer is a weekly webinar. If you haven't checked these
0:21.2	out already you can go to bigger pockets.com and find one but we are actually going to replay one of our most popular and impactful webinars here on the podcast today. The topic of this webinar is how to get your first
0:36.2	second or third deal. So you might be wondering why one, two, or three deals that
0:41.8	seems like somewhat of an arbitrary number, right?
0:44.8	Well, it sort of is, but it isn't.
0:46.8	The whole purpose of this webinar is to show you that it's not about getting one deal or two
0:52.1	deals, it's about about getting one deal or two deals it's about getting momentum and that
0:55.3	momentum learning the processes obtaining the tools building your network that's
1:01.2	the sort of momentum that's going to allow you not just to get
1:03.8	one, two, or three deals but to scale to whatever size you are dreaming of.
1:08.8	So that's the plan for today's podcast episode.
1:11.6	Let's jump right in. So as we just said today's presentation is
1:14.1	about how to buy your first second or third rental property and I just want to
1:19.0	take a minute to thank you all for coming and joining this webinar.
1:22.8	I know you can be spending a lot of your time
1:24.9	any other way, but taking the time
1:27.4	and committing to learning more about real estate
1:29.8	and diving deep on topics just like this is really what sets people apart in terms of wanting to be real estate
1:36.1	entrepreneurs and real estate investors and those who actually do it.
	...

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.