Knowing how to buy your first rental property can be the difference between you building a life of financial freedom or merely treading water working for active income. The life of a real estate investor isn’t glamorous, but it leads to generational wealth, time freedom, and the ability to do what you want, when you want, with who you want. The first step to becoming a real estate investor is buying your first real estate deal. This first step is where ninetynine percent of people stop, but it’s where you will start.

Dave Meyer, VP of Data and Analytics and host of "On The Market", has built a financial freedompermitting property portfolio over the last decade. He doesn’t have thousands of units, but even with his mediumsized portfolio, he’s been able to travel the world, live abroad, and continuously build wealth. He’s here to teach you exactly how to do the same by buying your first, second, or third real estate deal in the next 365 days!

If you’re able to do so, you will see your life start to change before your eyes. Money will be easier to find, deals will come your way, and passive income streams will be dug in your direction. If you’re able to buy your first (or next) deal like Dave describes, put systems in place for future purchases, and slowly build a team around you, your dream rental property portfolio won’t be too far away.

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Use the BiggerPockets Tools from This Video:
Rental Property Calculator: https://www.biggerpockets.com/rental...
Rent Estimator: https://www.biggerpockets.com/insight...
Agent Finder: https://www.biggerpockets.com/agent/m...
Deals for Sale: https://www.biggerpockets.com/reales...
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Listen to Dave on The “On The Market” Podcast:
Spotify: https://open.spotify.com/show/2NlzZ9N...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
BiggerPockets: https://www.biggerpockets.com/podcast...
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Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/d...
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Follow Dave on Instagram:
@thedatadeli or   / thedatadeli  

Episode 640

Show notes at: https://www.biggerpockets.com/blog/re...

0:00 Intro
8:05 What Stops Most People from Investing
12:07 Getting Your First 3 Deals
14:08 Meet BiggerPockets (and Dave!)
17:36 Building The "Stack"
22:29 How to Get Past the 3 Roadblocks
26:21 1. Dollars
31:55 2. Deals
38:20 3. Direction
42:13 How to Find Real Estate Deals
44:50 How to Analyze a Rental Property
1:01:03 Ready to Buy Your First Rental?
1:03:00 Become a Better Investor


#biggerpockets #realestatepodcast #ep640