How to Buy Your FIRST Rental Property in 2023

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!

If you want to become a real estate pro in 2023, sign up for BiggerPockets Pro and use code “RENTAL20” for a special discount: https://www.biggerpockets.com/membership-types?utm_source=owned_media

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Join BiggerPockets Pro and Use Code “RENTAL20” for 20% Off:
https://www.biggerpockets.com/membership-types?utm_source=owned_media
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Expand Your Investing Knowledge With the BiggerPockets Books:
https://store.biggerpockets.com/?utm_source=owned_media
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Try the BiggerPockets Rental Property Calculator on Your Next Deal:
https://www.biggerpockets.com/rental-property-calculator?utm_source=owned_media
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Estimate Rent Easily with the BiggerPockets Rent Estimator:
https://www.biggerpockets.com/insights/property-searches/new?utm_source=owned_media
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Sign Up for a BiggerPockets Bootcamp:
https://www.biggerpockets.com/blog/real-estate-investing-bootcamps?utm_source=youtube&utm_medium=description&utm_campaign=none
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David’s Books Mentioned in Today’s Episode:
BRRRR: https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media
Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media
SOLD: https://store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=owned_media
SKILL: https://store.biggerpockets.com/products/skill-a-top-producing-agent-s-guide-to-earning-unlimited-income?utm_source=youtube&utm_medium=description&utm_campaign=none
SCALE: https://store.biggerpockets.com/products/scale-successful-agents-guide-leveling-up?utm_source=youtube&utm_medium=description&utm_campaign=none
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Grab Your Copy of “The One Thing”:
https://store.biggerpockets.com/products/the-one-thing?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with David on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/

Episode #754

Show notes at: https://www.biggerpockets.com/blog/real-estate-754?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
01:36 Quick Tip
02:17 How to Buy Your 1st, 2nd, or 3rd Rental Property
07:58 Getting the First Deals Done
11:08 Finding the Financing
14:36 Finding the Deals
18:28 Finding Direction
21:36 The BEST Way to Find Deals
25:04 How to Analyze a Rental in MINUTES
39:08 What PRO Investors Do