200: A Step-by-Step Guide to Buying Your First Real Estate Investment

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started. In This Episode We Cover:CommitGain KnowledgeGet Your Life in OrderDecide on What You Want With Your lifeDecide What Niche/Strategy is Going to Get You ThereSet Your Goal(s)Choose Your Farm LocationFigure Out Your FinancingGet Your Core Team TogetherStart Looking for DealsEstimate Rehab BudgetRun the NumbersReview Your Numbers With SomeoneMake the OfferNegotiate and Get It Under ContractManage the Due Diligence ProcessKeep Yourself OrganizedBuy the PropertyManage the Property or RehabStick Close to BiggerPockets for Every Step of This processConnect with Brandon and JoshJosh’s BiggerPockets ProfileBrandon’s BiggerPockets Profile

Episode 200 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "200: A Step-by-Step Guide to Buying Your First Real Estate Investment" was published on November 10, 2016 and runs 85 minutes.

November 10, 2016 ·85m · BiggerPockets Real Estate Podcast

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Summary

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started. In This Episode We Cover: Commit Gain Knowledge Get Your Life in Order Decide on What You Want With Your life Decide What Niche/Strategy is Going to Get You There Set Your Goal(s) Choose Your Farm Location Figure Out Your Financing Get Your Core Team Together Start Looking for Deals Estimate Rehab Budget Run the Numbers Review Your Numbers With Someone Make the Offer Negotiate and Get It Under Contract Manage the Due Diligence Process Keep Yourself Organized Buy the Property Manage the Property or Rehab Stick Close to BiggerPockets for Every Step of This process Connect with Brandon and Josh Josh’s BiggerPockets Profile Brandon’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description

Welcome to the BiggerPockets Podcast show 200! We wanted to create a show that we could point people to in the future as an ultimate resource for building their real estate investment business. If you are new, this will give you a step-by-step plan. If you are experienced, it will help you systematize your business better and pick up new ideas to streamline how you buy properties. These tips were obtained from the community in a recent Forum thread Josh started. In This Episode We Cover: Commit Gain Knowledge Get Your Life in Order Decide on What You Want With Your life Decide What Niche/Strategy is Going to Get You There Set Your Goal(s) Choose Your Farm Location Figure Out Your Financing Get Your Core Team Together Start Looking for Deals Estimate Rehab Budget Run the Numbers Review Your Numbers With Someone Make the Offer Negotiate and Get It Under Contract Manage the Due Diligence Process Keep Yourself Organized Buy the Property Manage the Property or Rehab Stick Close to BiggerPockets for Every Step of This process Connect with Brandon and Josh Josh’s BiggerPockets Profile Brandon’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices