How We Found (and Funded) Our FIRST Real Estate Deals | Bigger Pockets Video

Episode #573

Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations:
link

Episode Show Notes:
link

Join BiggerPockets for FREE 👇
link

Find Your First Deal with Ashley’s Book, “Real Estate Rookie”: link

Sign Up for the Real Estate Rookie Newsletter:
link

Find Investor-Friendly Lenders:
link

I Did My First Deal in Less Than 45 Days for Under $2,500—Here’s How: link

Connect with Ashley and Tony:

Ashley: link

Tony: link

One messy, imperfect, low-cash-flow rental property could change your life forever, but maybe not in the way you’d think. No one retires off ONE property, but that first property can provide the education, mindset, and momentum to fuel your second, third, and fourth deals. Today, we’re breaking down our first real estate deals—the ups, the downs, and mistakes we made that YOU should avoid!

Welcome back to the “Real Estate Rookie” podcast! In this episode, we’re winding back the clock and sharing how we got started in real estate. While Ashley invested in her own backyard and found a partner to help fund the deal, Tony invested out of state and managed renovations remotely. You’ll hear how we stabilized the properties, rented them out, and, eventually, sold them for a big payday!

Whether you’re new to the world of real estate investing or struggling to take action, this episode has something for you. We’ll share why finding your first deal is more important than finding the “perfect” deal, how to use real estate partnerships to fast-track your investing journey, and what we’d do differently if we were starting over today!

00:00 Intro
00:45 Tony’s First Deal
04:16 Ashley’s First Deal
11:13 How We Funded Them
19:54 Renovation Projects
29:17 Cash Flow Numbers
33:22 Selling the Properties
38:30 Share YOUR Journey!