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

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

FromBiggerPockets Real Estate Podcast


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

FromBiggerPockets Real Estate Podcast

ratings:
Length:
44 minutes
Released:
Jun 27, 2024
Format:
Podcast episode

Description

“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 advertise@biggerpockets.com.
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Released:
Jun 27, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.