How to Buy Your First Rental Property (with BiggerPockets' Brandon Turner)

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  • Опубликовано: 17 окт 2024

Комментарии • 50

  • @Bababui69
    @Bababui69 2 года назад +4

    I bought my first property with the VA home loan zero down and no PMI. I spent 15,000 on small renovations. The new HVAC was the most expensive thing. My cash flow is only about 400 dollars. We have a property manager since we live in a different state. I plan to rent out my current house.

  • @careym8437
    @careym8437 3 года назад +4

    Hard to believe that was free to listen to. Fantastic content thank you all!

  • @photojournalist1194
    @photojournalist1194 3 года назад +21

    As usual, I enjoyed listening to you all. Ken if you don't mind a word of improvement. You must fix your mic and camera, it was really hard to understand and follow your part of the conversation. Keep doing the good job guys, and thank you for the precious information you are giving us all. God Bless You All!

    • @MrJules409
      @MrJules409 3 года назад

      Fix your speakers. I can hear and see him just fine

    • @kannonpatterson
      @kannonpatterson 3 года назад +4

      @@MrJules409 no his mic is bad

    • @HeartForChrist777
      @HeartForChrist777 3 года назад

      Audio is very bad. Appreciate your message and all the great advice-! Throw some money into a good audio set up

    • @brianp6633
      @brianp6633 3 года назад

      Ken, I love your content, and rarely comment. But the advice is solid advice. For us audiophiles, your audio(not the content!) is awful. Brandon has spent a bit of money on his mic and it is much more enjoyable audio! I'd even throw a couple bucks at you to invest in a better mic. Keep up the great content!
      Much love and admiration.

  • @rr8253
    @rr8253 3 года назад +4

    Brandon, you say that it probably wasn't a coincidence that you met that couple at church because you probably spoke to 10 people and you had been putting it out there in the world. I have a philosophy that says; the more people's paths you cross, the better chance you have at meeting the right people.

  • @CD-ii8it
    @CD-ii8it 3 года назад +9

    loved this and Brandon's story is incredibly inspiring!

  • @TheRetirementality
    @TheRetirementality 3 года назад +21

    It seems like whenever these guys start talking about real estate they go as fast as they to how they own 5,000 units. I skipped through this pretty quickly but, the title is how to buy your first rental property. More people need talk about how to actually buy your first rental property. 99% of investors are not going to buy a 100 unit building. I have 7 units and that is enough for me. I am retiring on the income from those properties. I show people how to buy 1 property a year and reach financial independence.

    • @lyleburlingame2276
      @lyleburlingame2276 3 года назад

      Ya it moves fast but I think you missed the point buddy. He said plain as day. You don't start with 500 units, it's scarey.. Start with 1 or a duplex and build up. Obv you "skipped through most of it "

    • @modo203
      @modo203 3 года назад +6

      ​@@lyleburlingame2276 Yes, but do you need 3 real estate experts talking for 54 minutes to tell you that?
      I felt that the title was a clickbait. Very little was discussed in the video I'm afraid.

    • @Pug318
      @Pug318 2 года назад

      I agree with you, I live in nyc area and the prices are very different from the middle of the country.

    • @soletha331
      @soletha331 Год назад

      What state are you in?

  • @louisemarie7905
    @louisemarie7905 3 года назад +11

    You've been producing some amazing content and now you're working more with Bigger Pockets! Addictive and inspiring!

  • @karimnanji4163
    @karimnanji4163 Год назад

    Awesome..Thank you.. I pray for all success and happiness.

  • @tristenparsons8989
    @tristenparsons8989 Год назад

    Thank you for this RUclips channel. Please keep it going. You guys are my nest resource for this type of information.

  • @blueberry8582
    @blueberry8582 Год назад

    Can you plz make a video of ...How to DEPRECIATE a property legally every year ..
    And how does depreciation work..

  • @deltapromasterlauj4848
    @deltapromasterlauj4848 3 года назад +2

    Ken, I need some serious advice please. I’m looking into being a first time home buyer in California but currently we’ve all seen the housing market skyrocket in the past few years. I’m currently looking to purchase a home in central California (Sacramento-San Joaquin region) but extremely hesitant at these outrageous prices. For example, majority of 3 bedroom/2 bath home is currently going anywhere from $400-800k depending on location/neighborhood…….these same homes used to be $200-300k a few years ago……I definitely don’t want to buy this at the top when everything is about to crash all over again…..thank you for your time and advice/suggestions.

  • @luistovar2494
    @luistovar2494 3 года назад +2

    You are great source of inspiration. 👏👏💪💪🙏

  • @philipdurling1964
    @philipdurling1964 2 года назад

    I have 3 units at the moment and working towards my 4th. Its not worth me going corporate until I get to 6 units minimum. Still learning how to use OPM.

  • @RiverBottomWarrior
    @RiverBottomWarrior 3 года назад +1

    Awesome Podcast thanks for sharing! Currently purchasing current home 1500 sq ft good renovation potential.

  • @Pug318
    @Pug318 2 года назад +1

    Great video, so very informative

  • @Clarinda787
    @Clarinda787 2 года назад

    Great video. Do you have a series for those of us who are at the beginning of our real estate journey?

  • @robertoinvests
    @robertoinvests Год назад

    great points

  • @mpgisbtsarmybaefighting2838
    @mpgisbtsarmybaefighting2838 3 года назад +4

    So, this is a vehicle for his course (how to buy your first rental property)? Exactly what is this 50 minute video for then? 🤔 This video did not tell us how to!??

  • @RobWilliams007
    @RobWilliams007 2 года назад +2

    Yes Brandon, always someone better…unless you’re Michael Jordan, of course! You and Ken could be the Michael Jordan’s of real estate! 😄

  • @vacuumbed1
    @vacuumbed1 3 года назад +2

    Great show. I’m curious about Brandon’s home in Hawaii. Presumably he qualified for the $2M loan? I did a flip in Portland, Oregon that I wish I would have kept for myself.

  • @Davefitz04
    @Davefitz04 3 года назад

    Ken you should update your camera and mic situation

  • @valmentor
    @valmentor 3 года назад +2

    My two favorite real estate people!!! Say whaaaaaaaaaat.... had to like 👍🏾 👌🏾

  • @Pitbull14218
    @Pitbull14218 3 года назад

    Aren’t there laws preventing cities from increasing property taxes too much too fast?
    What states and cities do they have those protection laws on property taxes?

  • @michellealbertino9432
    @michellealbertino9432 3 года назад

    investment in real estate is good

  • @itsclaver7125
    @itsclaver7125 3 года назад +1

    Very nice 👍

  • @probst9999999999
    @probst9999999999 3 года назад +2

    How would you be cash flow positive on 2 million dollars and 3x 2500 rents, a 30 year mortgage with 20% down would have 7750 per monthj cost...

  • @lubosimaboshe
    @lubosimaboshe 3 года назад +3

    am just from having a dream about an apartment complex😊one day all those who read this comment are going to buy one. 😊👌Great episode

  • @RobWilliams007
    @RobWilliams007 2 года назад

    The government getting involved is horrible because then they can impose rent controls and all kinds of things that infringe on the rights of private property owners.

    • @LA_337
      @LA_337 Год назад

      Only leeches wouldn’t want the government involved. Try actually working to earn money only to have an unregulated industry steal it because of greed.

  • @robertoinvests
    @robertoinvests Год назад

  • @ragingdogeblade6190
    @ragingdogeblade6190 2 года назад

    41:10

  • @superligcanlmaclar3456
    @superligcanlmaclar3456 3 года назад

    I do not understand. Why not just stack coins or deposit them in Flirt Invest?

  • @nationalsportsmixes7500
    @nationalsportsmixes7500 3 года назад +1

    Love me pls mr.elroy!

  • @sneekolas
    @sneekolas 3 года назад +1

    Wait. I already have my first rental property. Why am I watching this?

  • @lele2216
    @lele2216 3 года назад

    Have to talk to positive people with open minds. I have a friend talking me out of it or a year cant I'm not listening to her.

    • @nnekaoa9234
      @nnekaoa9234 3 года назад

      they nickle and dime u 4 everything