Prefer to listen? Click on one of the links below or find us at Commonwealth Home Ownership on your favorite Podcast App!
In this episode, Brad and Phil go over 10 actionable steps that anyone can take to get themselves in the best financial, educational, and psychological position to successfully start their real estate investing journey.
The 10 Steps that we cover include:
- Getting your personal finances in order
- Start saving for a down payment
- Start your real estate investing education NOW
- How to come up with a real estate investment plan
- Get pre-approved for financing
- Determining your investment market
- Determining your ideal tenant
- How to start building your real estate power team
- Learning how to analyze properties
- Becoming a geographic specialist
Links to relevant articles mentioned in the episode:
Creating a Tenant Avatar:
https://cwho.ca/finding-rental-properties-using-tenant-avatars/
https://cwho.ca/how-to-create-a-tenant-avatar/
https://cwho.ca/how-to-find-real-estate-investments-using-tenant-avatars/
Macroeconomic Analysis:
https://cwho.ca/elementor-17266/
Analyzing Properties
https://cwho.ca/things-to-consider-when-buying-an-investment-property-part-2-microeconomic-analysis/
For more tools and resources, please visit us at cwho.ca
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