Finding and Analyzing Potential Real Estate Properties

The speaker shares their experience of finding and analyzing potential real estate properties below $200,000, emphasizing the importance of community feedback and using tools like the agent finder tool. They also discuss analyzing a specific property in Troy, including its features, purchase price, and rental income and expenses.

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Investing in real estate can build you massive wealth. And here’s the secret no one wants to tell you: it isn’t all that hard. But before you jump to conclusions and call real estate a get-rich-quick scheme, let’s lay down the law. Investing in real estate is a simple, repeatable process that MANY Americans have used to get rich, but it takes knowledge and time to succeed. Where do you go to learn how to buy your first or next rental property? Well, you’re already here!

In this bonus episode, Scott Trench, CEO of BiggerPockets AND decade-long investor, will share his five-step, repeatable process for finding and analyzing real estate deals. Scott has taken the SLOW route to wealth. He doesn’t have a hundred units, a big real estate fund, or a yacht. But he does have a thirteen-unit passive-income-producing rental portfolio that pays him money every single month.

Stick around to learn how YOU can get your first or next rental property in 2024. Want full access to the tools and resources from this episode, including calculators and rent estimators? Sign up for BiggerPockets Pro and use code “STABLEWEALTH24” for a special discount!

In This Episode We Cover:

The five-step process to find real estate deals in any market

How Scott built a thirteen-unit real estate portfolio in under ten years

The slow, steady, repeatable path to wealth with buy and hold rental properties

Scott’s 2024 housing market, mortgage rate, and price predictions

How to choose a rental property market depending on your goals

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums