How to Buy Your First Rental in Just ONE Year (or Less!) | Bigger Pockets Video

Episode #563

Episode Show Notes:
link

Join BiggerPockets for FREE 👇
link

Buy Your First Rental FASTER with Ashley’s Book, “Real Estate Rookie”:
link

Sign Up for the Real Estate Rookie Newsletter:
link

Find an Investor-Friendly Agent in Your Area:
link

Real Estate Rookie 407 – Stop Paying Someone Else’s Mortgage: Beginner Steps to Buy Your FIRST Home w/Aaron Mann:
link

Connect with Aaron:
link

​​Connect with Garrett:
link

Connect with Ashley:
link

Many rookies assume they’re years away from buying rentals, but what if your first (or next) property is much closer (and easier) than you think? Today’s guest devised a detailed plan that took him from having no real estate experience to closing on his first rental property in just ONE year. Tune in to learn the tactics he used and how YOU can copy his success!

Welcome back to the “Real Estate Rookie” podcast! Aaron Mann was tired of renting, hopping from apartment to apartment, and paying someone else’s mortgage. Once his wife convinced him that homeownership was not just a dream but very achievable, they curbed their spending and saved aggressively. But that’s not all. Aaron also launched a few creative side hustles that boosted their income, accelerated their down payment, and helped them buy their new home sooner than expected!

The best part? Now they’re using the house hacking strategy to help cover their mortgage payment. Whether you’re actively saving for a home or need an inspirational nudge to get started, this episode has something for you. Aaron shares the “MOAT” method that helps him find side hustles worth scaling, how to negotiate with sellers, and more!

00:00 Intro
01:23 Buying His FIRST Property
08:52 Numbers on the House Hack
09:56 Saving for Down Payments
12:39 The Power of Side Hustles
16:59 Best Side Hustle Ideas
24:05 Buying the Next Property
26:45 Aaron’s Latest Side Hustle
28:38 Connect with Aaron!