BiggerPockets Real Estate Podcast

539: How to Get Your First, Second, or Next Rental Property

Dec 2, 2021

Brandon Turner, a multifamily and rental property expert, shares essential strategies for aspiring real estate investors. He discusses overcoming initial roadblocks and emphasizes the power of taking consistent action to secure your first investment. Turner explains why early deals are crucial for building a successful portfolio and provides tips for quickly analyzing rental properties. He also highlights the importance of a sustainable business model and the benefits of utilizing resources like BiggerPockets Pro for smarter investment decisions.

01:47:55

Episode guests

Brandon Turner

Highlights

AI Chapters

Episode notes

What Is Cash Flow Per Unit?

01:26

You Need to Buy Your First Shoe Properties, Don't You?

01:21

The White Belt is the Hardest Belt to Get

01:37

Isn't this a good neighborhood?

00:54

Intro

2min

Building Momentum in Real Estate Investment

2min

Mastering New Skills and Real Estate Insights

6min

Mastering the Fundamentals of Real Estate Investment

5min

Embarking on the Real Estate Investment Journey

5min

Starting Small: Key Steps to Real Estate Success

10min

Mastering Rental Property Acquisition

20min

Mastering Real Estate Profitability

17min

Optimizing Real Estate Analysis

8min

10.

Embracing Change: The Path to Real Estate Success

2min

11.

Unlocking Real Estate Success with BiggerPockets Pro

11min

12.

Navigating the Real Estate Landscape

19min

13.

Shaping the Investor Mindset: The Journey Through Initial Deals

3min

If you’re looking to buy your first (or next) rental, you’ve come to the right place! BiggerPockets was founded to help real estate investors network, build their skills, and grow their portfolios. In today’s episode, master of multifamily and all things rental-property related, Brandon Turner, shares how you can build momentum and get your next deal under contract.

By overcoming the three roadblocks of real estate investing, you’ll be able to scale your portfolio to heights you’ve never imagined. Achieve financial freedom or surpass it entirely with intelligent, consistent investing so you (and your family) can live a life you love.

If you’re ready to get started, grab your notepad and pen. Brandon is about to show you why your next investment property is within reach!

In This Episode We Cover:

How to get your first (or next) real estate deal under contract

Defeating the three roadblocks of real estate investing and using them to grow a sizeable portfolio

Why the first few deals matter (and why they definitely don’t)

Using daily consistent action to build a system that works on your behalf

Why most people want to invest in real estate but never do

How to analyze a rental property deal in five minutes (even if you’re brand new!)

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Rental Property Calculator