640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year!

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Jul 26, 2022

Discover the essential steps to embark on your real estate investment journey. Learn how to navigate today's shifting market and identify lucrative properties eager for negotiation. Overcome common hurdles that often deter new investors and unlock the secrets to building momentum with your first three deals. Explore innovative strategies to acquire rentals with minimal cash and understand the importance of analysis tools for smart decisions. Dive into the potential of markets like central Texas and Florida and pave your way to financial independence!

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ADVICE

Scaling Your Portfolio

Now is a good time to scale your real estate portfolio, especially if you own one or two properties already.
Make sure you're investing from a position of financial strength and avoid overextending yourself.

ADVICE

Investing in a Shifting Market

Analyze deals and pursue good leads, especially now with decreased competition and increased seller negotiation.
Be cautious and avoid buying just anything; prioritize deals that improve your financial position.

ANECDOTE

David's Current Investments

David Green currently has 14 houses in escrow, each averaging around $1 million, demonstrating the current market's negotiation potential.
While interest rates are higher now, the ability to negotiate better deals makes it a more enjoyable time for him to invest.

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