How to Buy Your First Rental Property in 6 Steps
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- Опубліковано 5 сер 2024
- If you’re wondering how to buy your first rental property, there is arguably no better place on the internet to learn than BiggerPockets. Ashley Kehr should know, she tripled her portfolio after she found the BiggerPockets forums. But, in order for Ashley to triple her portfolio, she had to make the leap and learn how to buy her first deal. Today, she’ll teach you how to do the same, so you can reach financial freedom.
Ashley wasn’t born into a real estate family. She worked a nine-to-five job as an accountant, only to realize she hated it and later quit. She began working for a local investor and started learning the real estate management game. Ashley then partnered with the son of her boss, who provided her the capital to begin investing.
In less than a decade, Ashley was able to reach financial freedom, retire from any possibility of a regular workweek, and spend more time with her children. Now, it’s time for you to do the same!
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Episode 136
Show notes at: www.biggerpockets.com/rookie136
0:00 Intro
2:58 Real Estate Investing for Freedom
6:11 How Real Estate Builds Wealth
11:49 Why Isn't Everyone Investing in Real Estate?
13:12 Get to Know Ashley
19:50 The 6-Step Plan for Buying a Rental
31:36 Analyzing a Live Deal!
49:40 Top 5 Mistakes Investors Make
54:46 Want to Be a Real Estate Pro?
1:04:55 Real Estate Q&A
taking note! great webinar!! 2022 is the year we WILL get our first property!
Thank you Ash and Tony! So much great educational content!
Your podcast real estate information is a great tool for a newbie. Thank you for all you do!
Great webinar, very informative. Thank you.
I love you guy! We almost made a huge mistake after finally deciding on pulling the trigger. Luckily our mentors and our lender (also mentor) saved us because I neglected to listen to my wife and the math… We almost made a $300k+ mistake… I’m going all the way back to basics again… thank you for what yall do
Love, love, LOVE this webinar!!! Thanks, Ashley!!!
I learned so much thank you for this video!
This was awesome! thanks for sharing!
Great job done ✅ thank you so much
What is your target cashflow per door? Or better put, what should new investors target per door in this current market?
Thanks for the video.
Can't wait to start the boot camp too!!
Financial freedom and work for myself. Teach my son the same.
Love you and Tony for the content you provide!! Thanks Ash!!!
Great watch!
Great Video, I would love to do an interview with you!
I live in Clearwater Florida I would love to get a duplex.
If I get 3 secured loans today to boost up my credit profile, how long will I have to wait to apply for a mortgage?
Have quality time with my family as well as financial freedom
I am a Real Estate agent in the San Bernardino Country
Could you please share the lender you use that does units owned by an LLC? Thanks.
Can’t wait for boot camp to start! 🙌🏻🙌🏻
Can you share the link of the boothcamp
I am 100% new to this and just taking notes and familiarizing myself with the different terms and absorbing as much knowledge as possible. One question I have, if anyone out there is kind enough to explain, Ashley mentioned joining an MLS to get those free emails. I did a google search on MLS and it mentioned that is only open to brokers and realtors? Is it something that I am missing here?
I wish I could of watch this live
Can you do it in Canada specifically Ontario?
Do you need an LLC to buy a rental property?
How about sources of deals?
I purchased my home with an FHA loan in 2019 with home prices getting insane here in central florida I talked to my loan provider about how do I go about dropping my PMI since my loan amount was for about 150k and the homes value was at about 277k at the time of me speaking with them I figured I had enough equity in it to drop the PMI, she informed me I couldn’t without first getting out of my FHA loan and getting into a conventional loan(I have a 2.75%IR on my loan there’s no way I was refinancing), she said that with an fha loan I will always have to keep a PMI. Was she lying to me?, any help is appreciated
I can't believe nobody answered this, but yes you have to refinance out of the fha. Pmi is for the life of the fha loan, so you have to pay off or refinance out.
I have to pay off my student loans then Im gonna get into investing.
Houston texas
My Why? Is to make money
My why. Financial freedom. I'll have the ability to help people realize the mess they are in. And one day open a St. Jude's medical center.
🎉🎉🎉🎉
I’m retired
The big centers are unaffordable to all buyers unless your last name is something like Ching, Chang or Chong
Repetitive
Please someone help me with boothcamp link
Very good content you’re teaching do you have a email I can contact you thank you in advance
🎉🎉🎉🎉