Do you want to invest in real estate, but don’t know where to begin? Do you have questions about loans, or worry about getting started without a lot of money? If so, today’s show is for you!
On this episode, I’m speaking with Brandon Turner, the Vice President of Marketing at BiggerPockets, about how he got started in real estate investing, the specific strategies you can use to find and purchase your first rental property, and what criteria he looks for in investment properties.
Brandon, a self-proclaimed real estate addict, is here to share everything he’s learned from his experience purchasing 50 properties, including how to get started with zero dollars down, and the ins and outs of financing options. You don’t want to miss Brandon’s insights into the world of buy and hold investments—listen in to episode 007 of the Investing in Real Estate Podcast!
More About This Show
Brandon got his start in real estate at the age of 21. He purchased a single-family home at a low cost, and moved in. To cover his mortgage payment, he rented out some of the bedrooms to his friends.
Over the course of nine months, Brandon fixed up his home, and then sold it for a profit. This experience jump-started his real estate business.
The following year, he purchased a duplex. He lived in one half of the unit, and rented out the other side to a tenant. This allowed him to live virtually for free.
Because of these two experiences, Brandon is incredibly knowledgeable about how to begin investing in real estate. He posits that you can begin earning a passive income regardless of your age, credit score, or income.
Today, Brandon owns 50 real estate properties. He is truly an expert on all things real estate. On today’s show, Brandon and I discuss the importance of taking actionable steps, how to truly be passive in your business, and the advantages of seeking out partnerships.
Don’t miss this episode of Investing in Real Estate to hear why purchasing properties from the courthouse steps can be risky, how Brandon alleviated 90% of his real estate workload, and how he manages his business structure.
We’re ready to discuss how you can start building passive income through buy and hold real estate.
On this episode you’ll learn:
- Two specific strategies you can use to get started investing with little money.
- How to align your real estate strategy with your goals.
- How to purchase foreclosed homes.
- Why you should include property management fees in your budget, even if you want to manage your properties yourself!
- How bank loans work, and the actionable steps you should take to qualify for financing.
- And much more about buy and hold real estate!