EPISODE · Dec 23, 2025 · 17 MIN
I Bought My First Rental Without Ever Seeing It (Here’s What Happened)
from The Mid-Term Rental Show · host Bailey Kramer
In this episode, I break down the very first rental property I ever bought completely sight unseen — in a city I’d never visited, at 22 years old, with no partners and no outside investors.I walk through exactly how I found the deal remotely, why I felt confident buying without seeing it in person, and how I structured the purchase using a DSCR loan during a high–interest-rate environment.You’ll hear the full story, including:How I chose the market and neighborhood from another stateThe negotiation that got the deal done (and why I almost walked away)How much cash I actually brought to closingWho this property ended up renting to — and why it worked so well as a mid-term rentalThe real numbers from year one, including cash flow and returnWhat I learned about risk, confidence, and buying before you feel “ready”Most people thought this deal was reckless. Looking back, it became one of the most foundational moves in my portfolio.If you’ve ever wondered whether buying a rental remotely is possible — or if waiting for the “perfect time” is holding you back — this episode will give you a real-world perspective on what can happen when you take calculated action.
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I Bought My First Rental Without Ever Seeing It (Here’s What Happened)
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