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Updated almost 6 years ago on . Most recent reply
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Advice on buying first rental property
Hey guys, I’m buying my first rental property.
Any advice?
Thanks!
I’m excited
Most Popular Reply
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Hi Ashley,
Here is what I did to get the ball rolling...
1. Start with getting educated there is a ton of information in the forums, Podcasts, books, etc. here at BP. Dedicate time to learning each day or at least every other day.
2. Get pre-approved and secure your financing.
3. Analyze a bunch of deals and research locations where you want to invest.
4. Find a good deal make an offer.
5. Learn from your experiences good or bad and don't stop until you reach our goal.