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

31 thoughts on “Passive Income: How I Bought My First Rental Property (STEP BY STEP)

  1. Honestly, partnering with experienced people in this space just makes sense. In 2025, there are so many ways to earn through Airbnb without ever owning property or handling guests yourself. My husband and I decided to team up with a company that manages multiple homes worldwide, and we simply invested with them. Now our money works for us, and we consistently see weekly returns of 20–30% on our shares—it still feels unreal.

    If hosting or managing Airbnb units sounds overwhelming, this approach is such a smart entry point. Airbnb isn’t slowing down—millions of travelers are booking daily. Just last month, we pulled in nearly $40,000, and honestly, I’m still amazed at how fast it’s grown.

  2. If you could start all over again with the knowledge you have now, would you have waited until you have a cash reserve and money to put down on a property or take a chance, buy the house with like an FHA loan, and rent it out immediately?

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