How to Buy Your First Rental Property in 2025 (Step-by-Step)

Nov 18, 2025

Discover why most aspiring investors hesitate and how decisive action can lead to success in real estate. Learn the 5D framework that maps out your investing journey, focusing on decisions, deal flow, and disciplines. Uncover essential criteria for your first rental property and effective strategies like house hacking and seller financing. Explore advanced marketing tactics to generate leads, and understand the importance of accountability in overcoming barriers. Start building wealth without losing your soul!

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INSIGHT

Specific Requests Unlock Opportunities

Being specific about what you want makes others able to help you.
Vague requests like "I'm just looking for a deal" produce no useful connectors.

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ADVICE

Pick A Purchase Deadline

Set a firm deadline (e.g., 90 days) to buy your first property to overcome Parkinson's Law.
A deadline forces reverse engineering and actionable steps instead of vague someday plans.

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ADVICE

Build Deal Flow, Not Just Deals

Build deal flow (a pipeline) instead of one-off deal hunting.
Start simple: set up an agent alert, then add wholesalers, landlords, and direct marketing.

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Why Most People Never Start Real Estate

01:10 • 45sec

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What Is the 5D Framework?

01:55 • 4min

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How to Decide and Commit to Investing

06:11 • 6min

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Six Key Decisions That Shape Your Buy Box

12:01 • 2min

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How Specific Criteria Unlocks Opportunities

14:06 • 2min

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Choosing an Investing Strategy Today

15:46 • 8min

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Deals vs. Deal Flow: Build a Pipeline

23:44 • 5min

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Beginner Deal Flow: Use an Agent and Alerts

28:17 • 1min

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Intermediate Deal Flow: Network with Connectors

29:19 • 2min

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Advanced Deal Flow: Marketing and Lead Gen

30:57 • 1min

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How to Analyze Deals Reliably

32:25 • 1min

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Debt: Financing Options for New Investors

33:32 • 6min

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Creative Financing Methods Explained

39:03 • 4min

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Private Money and Funding Funnels

42:40 • 1min

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Disciplines: Daily Actions That Win the Game

44:07 • 6min

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Ten Habits to Track for Investing Success

50:10 • 7min

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Weekly One: Small Commitments Drive Progress

57:17 • 22sec

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Offer Accepted Is Not the Same as a Closed Deal

57:40 • 4min

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Repeat the 5D Process to Scale

• Mentioned in 391 episodes

Rich Dad Poor Dad

What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not

C.P.A. Sharon L. Lechter

Robert Kiyosaki

The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money.

#10395

• Mentioned in 4 episodes

The Book on Rental Property Investing

How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing

Brandon Turner

The Book on Rental Property Investing by Brandon Turner provides practical advice on creating wealth and passive income through smart real estate investing. It covers topics such as finding deals, managing properties, and maximizing cash flow. The book is designed for both beginners and experienced investors looking to build a profitable real estate portfolio.

#10347

• Mentioned in 4 episodes

Cash Flow Quadrant

Robert Kiyosaki

Robert Kiyosaki's 'Cashflow Quadrant' expands on the principles of 'Rich Dad Poor Dad' by categorizing individuals into four quadrants based on how they earn income. These quadrants include Employees (E), Self-employed (S), Business Owners (B), and Investors (I). The book explores the mindset, skills, and strategies required to succeed in each quadrant. Kiyosaki advocates for building wealth through business ownership and investing, emphasizing the importance of financial literacy and creating passive income streams. He contrasts the security-focused mindset of employees with the freedom-oriented mindset of business owners and investors. The book encourages readers to identify their current quadrant and consider transitioning to the B or I quadrant to achieve financial independence.

👇Get the free tools mentioned:

✅Leadership Assessment: http://abetterlife.com/Bizz

✅Habit Tracker: ABetterLife.com/Tracker

✅Rental Property Calculator: https://behind-the-beard.kit.com/f11fb60abf

💻 Our website: https://betterliferef.com/

Most people never buy a rental property for one simple reason. They never decide. In this episode, Brandon and Cam walk through the exact six decisions that shape your entire investing journey. Once you lock these in, finding and closing your first deal becomes much more predictable.

You’ll learn how to choose the right strategy, how to narrow your buy box, how to set up deal flow even with no experience, and which debt options actually help beginners build momentum. You’ll also hear the same accountability framework used inside the BetterLife Tribe that helps new investors get their first deal faster than they ever expected.

If you want to buy your first rental in 2025, start here.

🧔‍♂️ WHO ARE WE?

Our names are Brandon Turner and Cam Cathcart! We teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!

1️⃣ WANT TO GET YOUR FIRST DEAL?

https://www.firstdeal.com/

📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?

https://join.abetterlife.com/vsl1725997298832?el=podcast

🤝 CONNECT WITH ME ON INSTAGRAM

https://www.instagram.com/beardybrandon/

DM me the word “FRINGE” to get the FREE “Cashflow Isn’t Dead” E-Book

👋 CONNECT WITH CAM ON INSTAGRAM

https://www.instagram.com/cam.cathcart/