cover of episode 142. REAL DEAL: Tips to Buying Your First Rental as a Married Couple

142. REAL DEAL: Tips to Buying Your First Rental as a Married Couple

2024/3/21
logo of podcast Real Estate Investing School Podcast

Real Estate Investing School Podcast

Shownotes Transcript

Welcome back to the Real Estate Investing School Podcast! In this Real Deal episode, Brody joins his brother in law Tyler Bennett as the two discus the details of Tyler and his wife Mishayla's first real estate deal, which involved a single-family house close to a college campus.

Tyler discusses how he found the deal, how he funded it, and how he forced appreciation. He emphasizes the importance of creativity, looking at properties strategically, and he also highlights the benefits of working with for sale by owner properties. This episode provides valuable insights for those looking to get started in real estate investing, and explores the journey of a married couple in real estate investing.

Brody and Tyler go on to discuss the importance of building relationships and overcoming challenges in the process. They also highlight the significance of making emotional decisions, the potential for cashflow by renting rooms, and their experience of maximizing space in a detached garage. They emphasize the benefits of co-signing and partnering for financing, the importance of retaining ownership in real estate investments, and offer advice for married couples getting started in real estate.

The conversation concludes with a discussion on communication, compromise, and the power of persistence and networking.  Having a hard time finding deals in today's market? If so, book a free strategy call with us in the link below to see how we can help you! Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram)

Tyler's Instagram)