How To Buy Your First Rental Property with Little Money

In this Video Shalonda Williams breakdown how to buy your first rental property even if you're broke and have little money right now? In this video, she's going to share a 5 STEP process on how to buy your first rental property with very little money, and no credit needed. If you just follow the steps that she share, you'll be on your way to consistent passive income in no time. A rental property is a real estate asset that's owned by an individual or entity and leased to tenants for income. Rental properties can be residential, such as houses, apartments, and condominiums, or commercial, such as office spaces, retail shops, and warehouses. Rental properties are a common investment because they can generate consistent income and potentially increase in value. They can also provide tax benefits and portfolio diversification.
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OUTLINE:
00:00:00 Introduction
00:00:49 How to Buy Your First Rental Property with Little Money
00:03:32 "You're Only as Good as Your last deal"
00:05:08 Wholesaling House
00:07:34 Secret of Rental Properties
00:09:08 Balling with No Money or No Credit.
00:10:47 Finding the Deals and Contacting Sellers
00:13:15 Working the Zillow's Zestimate's
00:14:59 The Owner Finance Category
00:15:54 First Residential Rental Property
00:18:08 Selling The Property
00:19:37 Commendation and Consolidation
00:21:50 Contacting the Seller
00:23:59 Prescreening Sellers (What to Say?)
00:26:25 What is Pay or Rent to Own?
00:29:17 Making Offers and Contracting Deals
00:32:20 Sock It 2 My Pocket
00:34:54 Standard Purchase and Sell Agreement
00:36:33 Seller Financing Addendum.
00:38:44 Finding Your Tenant
00:40:39 How Do You Find Tenant Buyers?
00:42:28 Closing The Deal

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