How to Buy Your First Rental Property in 2025 (Step-by-Step)

Episode #534

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Tired of spending your money on rent or stashing it in a traditional savings account? You could make your money work harder for you and get on the path to financial freedom with real estate investing. Today, we’re going to show you exactly how to buy your first rental property in 2025, step by step!

Despite rising home prices and high interest rates, now is an ideal time for new investors to buy real estate, as they face less competition and have even more leverage. So, in this episode, Ashley and Tony are going to show you seven steps that will get you off the sidelines and into the game! First, we’ll help you lay a foundation for investing. You’ll not only need to get your financial house in order but also set clear investing goals, determine your purchasing power, and choose your investing strategy.

You’ll also learn how to do things like find a lender, choose your market, and assemble your investing team. Then, we’ll start looking at deals! We’ll share how to build your buy box, analyze properties, and negotiate with sellers. Most importantly, we’ll teach you the right way to build your business so that you succeed today AND as you scale your real estate portfolio!

00:00 Intro
00:36 Why Real Estate?
04:49 Step 1. Lay the Foundation
09:25 Step 2. Talk to a Lender
11:27 Step 3. Choose Your Market
14:59 Step 4. Build Out Your Team
18:49 Step 5. Create Your Buy Box
25:03 Step 6. Make an Offer
31:53 Step 7. Prepare for Closing
33:56 Find Your NEXT Deal!