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6 Bite-Sized Steps to Buying an Investment Property

Buying an investment property is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and help from those around you), you can become a real estate (or jiu-jitsu/weight lifting/yoga) expert! Think of David Greene and Rob Abasolo as your spotters for today’s deep dive into buying a rental property. Their advice will help you lift the weight, even if you feel uneasy at times!

David and Rob, unsurprisingly, started out like everyone else in the real estate investing space. They had no deals, no experience, and not a lot of money. But, over the past decade, both have become experts in their specific investing niches—through trial and a lot of error. Now, they bring you more than a decade worth of combined experience so you can stop hesitating and start taking action.

If 2022 is the year for you to start building wealth and pave your path to financial freedom, then this is THE episode to listen to. David and Rob discuss the five most common rookie real estate mistakes and six bite-sized steps that will allow you, no matter your experience, to buy your first, or next, real estate deal. They’ll also give a full walkthrough on how to analyze a real estate deal, plus a special bonus that will allow you to hyper-accelerate your growth in the real estate investing world!

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Get a Special Discount on BiggerPockets Pro Using Code “REPOD22“:
https://www.biggerpockets.com/proupgrade?utm_source=youtube&utm_medium=description&utm_campaign=none
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Use the BiggerPockets Calculator on Your Next Rental Property:
https://www.biggerpockets.com/rental-property-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none
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Find an Investor-Friendly Agent in Your Area:
https://www.biggerpockets.com/agent/match?utm_source=youtube&utm_medium=description&utm_campaign=none
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Hear Our Episode with Rent By the Room Expert Todd Baldwin:
https://www.biggerpockets.com/blog/biggerpockets-podcast-392-todd-baldwin?utm_source=youtube&utm_medium=description&utm_campaign=none
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Watch David’s Interview with CNN on Rising Interest Rates:
https://www.instagram.com/p/CdUejXXMmqN/
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Work with David’s Team at The One Brokerage on Your Next Home Loan:
https://www.the1brokerage.com/
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Connect with Rob (Roubilt) on Youtube, Instagram, Tiktok, and Twitter:
Youtube: https://www.youtube.com/c/Robuilt
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://mobile.twitter.com/robuiltchannel
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Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow David on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/

Episode 613

Show notes at: https://www.biggerpockets.com/blog/real-estate-613?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
01:50 Quick Tip
02:22 Building Wealth and Why Most Won’t Invest
14:53 The 5 Deadly Real Estate Mistakes
26:44 6 Bite-Sized Steps to Buy Real Estate
27:36 Step 1. Commit
30:48 Step 2. Learn and Plan
31:58 Step 3. Get Leads
34:39 Step 4. Analyze a Deal
42:48 Step 5. Fund the Deal and Build Revenue
45:16 Step 6. Buy, Manage, and Find Financial Freedom!
49:50 Become a Real Estate Pro
59:56 Connect with David and Rob!

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