⭐ Join Rental Property Mastery, my coaching & learning community:
https://www.coachcarson.com/RPMYT
Episode 161 – It can be SCARY to buy your first rental property. But this video removes the mystery and shares the exact steps you need to safely & confidently buy your first rental. These are also the exact steps Coach Carson has used to buy over 100 rental properties over the last 18 years.
▶ Next Video: My First Rental Property 17 Years Later
• My First Rental Property (17 Years La...
Topics Covered:
0:27 #1 Find your strategy
2:14 #2 Pick a target market
5:20 #3 Identify good deal criteria
7:46 Free rental calculator spreadsheet
12:11 #4 Preapproved for financing
14:36 #5 Save for down payment
17:41 #6 Build a team
19:33 #7 Evaluate 25 properties
20:54 #8 Make offers
22:45 #9 Contract & due diligence
26:35 Closing thoughts
Video Links:
• MY COURSE ON DUEDILIGENCE/PAPERWORK TO BUY PROPERTIES: https://www.coachcarson.com/ctocYT
• FREE SIMPLE RENTAL ANALYSIS SPREADSHEET: https://www.coachcarson.com/rentalpr...
ADDITIONAL READING – Discovering a Target Market:
• My Guide to Picking a Market – https://www.coachcarson.com/idealmar...
• Real Wealth Network – https://www.realwealthnetwork.com/lea...
• Roofstock – https://learn.roofstock.com/blog/best...
• SmartAsset – Price to Rent Ratios in 50 Largest US Cities https://smartasset.com/datastudies/p...
⚒ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkityt/
My Real Estate Courses:
[FREE COURSE] Find Your Focus in Real Estate for Beginners:
https://www.coachcarson.com/findyourf...
30 Days to a Better Rental Investor:
https://www.coachcarson.com/30daysYT
Creative Financing for Real Estate Investors:
https://www.coachcarson.com/creativef...
(My Book) The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandm...
(My Book) Retire Early with Real Estate:
https://www.coachcarson.com/retiremen...
DealMachine Software to help you buy more real estate deals:
https://www.coachcarson.com/dealmachi...
✅ Subscribe for more videos about real estate investing:
https://www.youtube.com/user/CoachCha...
Connect with me:
/ coachchadcarson
/ coachchadcarson
/ coachchadcarson
For everything else: http://www.CoachCarson.com