Passive Income: How I Bought My First Rental Property (STEP BY STEP)

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Learn how to build passive income through rental properties—step by step. In this video, I share exactly how I bought my first rental with no experience, no money, and zero real estate background. Perfect for beginners, first-time landlords, and anyone ready to invest in real estate.

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TIMESTAMPS:
00:00 – Intro
00:28 – Grew Up Poor & Always Moving
03:01 – Learned Real Estate From a Handyman
04:22 – How I Started House Hunting
05:00 – My First Property Had a Squatter
06:55 – Handyman Robbed Me
08:23 – Bought My First Home to Live In
09:49 – Refi on the Rental
10:16 – Rentals Aren’t Passive (At First)
11:06 – Lost It All in 2008 Crash
12:50 – How I Made It Happen
13:52 – Rental Property Stats in the U.S.
15:12 – Why Rental Demand Is Forever
16:27 – Real Estate Isn’t Always Pretty
16:56 – Pros of Owning Rentals
21:10 – Cons of Owning Rentals
22:41 – Self-Manage at the Start
23:36 – Always Have Cash Reserves
24:36 – Property Values Can Drop
25:14 – Buy Right for Cash Flow
25:43 – Do It Scared, Do It Anyway

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Date: July 31, 2025

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