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

Book a Professional Tax Assessment Call ▶ https://start.taxalchemy.com/consultation?utm_source=youtube&utm_medium=description&utm_campaign=kd235_buy_first_rental_property Cost Segregation Tax Savings Calculator ▶ https://taxalchemy.com/cost-segregation-calculator?utm_source=youtube&utm_medium=description&utm_campaign=kd235_buy_first_rental_property Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com/?utm_source=youtube&utm_medium=description&utm_campaign=kd235_buy_first_rental_property Watch this FREE Webinar on How to Cut Your Tax Bill in Half as a Real Estate Investor ▶ https://join.taxalchemy.com/registration?utm_source=youtube&utm_medium=description&utm_campaign=kd235_buy_first_rental_property We earn commissions when you shop through the links below. Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack= Many people want to invest in real estate, but they hesitate to get started because they simply don’t know how to buy their first rental property. People who never start investing in real estate miss out on the incredible cash flow and tax benefits that real estate investing provides. This is an unfortunate truth. In this video, tax expert Karlton Dennis provides a complete step-by-step guide that explains how you can buy your first rental property. This guide has nine steps that walk the viewer through the entire process of buying rental real estate and gives them all the information they need to know to buy their first rental property. Some of the steps that Karlton discusses include preparing a downpayment, building credit, speaking with lenders to discover mortgage terms, and more. The process of investing in real estate can become much more straightforward once you understand the process of buying your first property. This video can help massively with that. CHAPTERS: 0:00 Intro 0:44 Step 1: Prepare Your Down Payment Funds 2:47 Step 2: Build Your Credit 3:51 Step 3: Speak to Lenders 5:01 Step 4: Choose What Type of Property You Want to Buy 6:22 Step 5: Conduct Initial Property Research 9:13 Step 6: Get Pre-Approved by a Lender 10:08 Step 7: Select a Property and Make and Offer 11:31 Step 8: Complete the Inspections 12:24 Step 9: Close on the Property 13:24 Subscriber Question! 14:22 Outro *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #realestateinvesting #investmentproperty #wealthbuilding