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How to Buy Your First Rental (8 Beginner Steps) [Video]

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Starting A Business From Home

How to Buy Your First Rental (8 Beginner Steps)

Want to build a real estate portfolio like James and reach financial freedom? Sign up for a BiggerPockets Bootcamp to learn EVERYTHING you need to know to get your first, second, or 100th rental property: https://www.biggerpockets.com/blog/real-estate-investing-bootcamps?utm_campaign=q2bootcamps&utm_medium=youtube_mention&utm_source=owned_media

Ready to buy your first rental in 2024? Welcome to real estate investing for beginners! In under fifteen minutes, you’ll have all the steps you need to find potential investment properties, analyze them to ensure they make money, and buy your first rental property this year! But that’s not all; you’ll also learn what to do AFTER you close, so running your rental property can be a breeze instead of a headache.

Who’s teaching this beginner’s guide to real estate investing? James Dainard! He’s done thousands of real estate transactions, from buying rental properties to flipping houses and beyond. James is an investing veteran with almost twenty years of experience through many booms and busts. His consistent system for buying great properties has allowed him to amass a HUGE rental property portfolio that spits out hundreds of thousands in passive income EVERY year.

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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Sign Up for a BiggerPockets Bootcamp:
https://www.biggerpockets.com/blog/real-estate-investing-bootcamps?utm_campaign=q2bootcamps&utm_medium=youtube_mention&utm_source=owned_media
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Analyze Rental Properties in MINUTES with the BiggerPockets Rental Property Calculator:
https://www.biggerpockets.com/rental-property-calculator?utm_source=owned_media
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Watch James on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Hear James on the “On The Market” Podcast Wherever You Listen to Podcasts:
https://link.chtbl.com/OTM
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Connect with James on BiggerPockets:
https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none
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Learn More from James:
https://jamesdainard.com/
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Subscribe to ProjectRE with James Dainard:
https://www.youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A
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Follow James on Instagram:
@jdainflips or https://www.instagram.com/jdainflips

00:00 Is Now the Time to Invest in Real Estate?
03:35 1. Choose Your Market
04:50 2. Get Pre-Approved
05:41 3. Learn to Analyze Deals
07:05 4. Look for Properties
07:54 5. Analyze the Property
08:59 6. Make An Offer!
10:05 7. Close!
10:32 8. Manage the Property
12:46 You’re Ready to Invest!

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