Bigger Cash Flow Podcast 007: How to buy your first rental property
/Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.
Episode: 007
Title: How to buy your first rental property
Quote of the day: “Treat a man as he is and he will remain as he is. Treat a man as he can and should be and he will become as he can and should be.”
― Stephen R. Covey
On this episode you’ll learn:
8 actionable steps to buying your first rental property
Step #1: Set goals/Educate yourself
Step #2: Choose Your Market
Step #3: Build Your Team
Step #4: Figure out Your Financing
Step #5: Start Getting Leads
Step #6: Start Analyzing Deals
Step #7: Offer and Negotiate
Step #8: Closing & Beyond - Owning your portfolio