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When you’re just starting out in rental property investing, there’s no doubt that choosing which property to invest and commit to is confusing. On one hand, it could be the big financial break you’re yearning for. On the other, it could be a tragic deal that will make you lose hope and interest in investing. But, as John Blackburn (Rental Property Investing Expert) always tells his students, “it’s your job to take action.” Taking action is the only way to get one step closer to the success you know is possible! If you’d like to take the first step towards rental property investing, but don’t know what course of action to make, or what metrics to use to identify which property is worth investing in, this episode is perfect for you! Key Takeaways:[01:48] John Blackburn shares what drew him to real estate investing and the deals he’s doing right now. [06:18] What were the realizations that John had from being a newbie investor to becoming a rental property investing expert? [10:36] The metrics that John uses to assess whether a property is a good investment or not. [14:56] John discusses how he’s able to manage rehabs in 5 different states. [17:39] Planning and narrowing down on your rental investment - John recommends this first course of action for aspiring rental property owners/investors. [22:23] What type of financing does John recommend for anyone who’s looking to start rental property investing? [26:03] The reality of dealing with hard money lenders for financing and why you shouldn’t be afraid of them. [27:28] The reason behind John’s transition from an investor to coaching/training and how his program helps others achieve financial independence through real property investing. [31:06] John zooms in and enumerates practices that differentiate individuals who can easily attain success from those who might struggle a bit. Guest Resources: Facebook groups - https://web.facebook.com/groups/rentalpropertypro Show Links: Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals Living Off Rentals Website -www.livingoffrentals.com Living Off Rentals Instagram -www.instagram.com/livingoffrentals Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals |