Show026: 9 Steps to Your First Rental Property

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In Show 26, Emily shares 9 steps to get you from no property to your first rental property.  While being a rookie can be overwhelming and often you don't know where to start, Emily gives you a simplified streamlined process to taking control of your financial future.

These 9 steps start with the basic act of making a commitment to do this.  While we can often get lost in reading and researching this niche, at some point you must take action.  Once you make that commitment then you truly are on the road to having more control over your finances and the lifestyle you wish to have.

 

 

Yes, there are multiple avenues you can take to buying your first rental- house hacking, partnering up, etc.- the 9 steps Emily shares on Show 26 are basic enough that they can encompass many of the different ways in which you can obtain your first property.

Don't rely on memory to remember these 9 steps.  Download our Free info graph that illustrates these 9 steps so that you are reminded constantly about the path you wish to go down!

 

Do you have other great tips to share? Please share a comment or question you have below.



What You'll Learn...

 

The importance of commitment to the investing journey

Why finding funding before you go out and look at property is important

The importance of understanding the contingencies of a real estate contract

How often you should look at your property sources

 



Resources Mentioned In The Show...

9 Steps to Your First Property (Info graph)

The Complete Guide to Getting Started with Buy and Hold Properties (Ebook)

Show07: 3 Contract Dates That You Should Never Leave Out (Podcast)

Make Your Contract Work For You-8 Key Factors That You Must Consider

What Type of Investor Am I?

 


Looking To Learn More...


FREE Video ECourse on Finding, Analyzing & Managing Rental Properties

2 Comments

  • Mike

    Reply Reply June 19, 2015

    Great article and video, thanks for the share! I’m looking to get started as a real estate investor and your podcast has given me a lot to think about. Can’t wait to see more.

    • Emily

      Reply Reply June 25, 2015

      Thanks! I’m glad to hear you are enjoying it! Let me know if there are any specific topics you’d like to learn more about.

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