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The Ultimate Beginner’s Guide To Real Estate Investing – The ULTIMATE Beginner's Guide to Investing in Real Estate Step-By-Step

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The Ultimate Beginner’s Guide To Real Estate Investing – Whats The Best?

Here’s a Real Estate beginner tutorial where I can really cover the blueprints and outline the basics of what’s needed in order to prepare for, and actually invest in real estate. Enjoy! Snapchat/Instagram: GPStephan

LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1850): https://act.webull.com/k/Vowbik9Tm5he/main

Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/

The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c

Step 1: BUILD YOUR CREDIT. This is one of those steps that you can can do NOW. If you’re watching this and you don’t already have a credit card, when you’re done with this video, watch this:
https://www.youtube.com/watch?v=ukaWAjgkH9M&t=30s

Step 2: SAVE YOUR MONEY. The reality is that you can’t invest in real estate with no money down, no income, no credit…it just doesn’t happen. So this means that in order to save money, not only will you be required to live somewhat frugally so you don’t spend everything you make, but you will need to MAKE MONEY. I know this sounds common sense, but it’s at least every day that I get people asking how they can buy real estate without having any money…it doesn’t happen.

Step 3: SHOW YOUR INCOME on a tax return. his means that you can’t just have one great month on Shopify and then expect to use that as a down payment…lenders want to see consistent, stable income before they give you a loan.

Step 4: Get prequalified. It’s as easy as going to a few major banks, having them run your credit, giving them your tax returns, bank statements, and some other minor information…and they will give you a pre-approval amount based off those numbers. You can then take that pre-approval and shop that around a few other banks, getting them to match or beat those terms.

Step 5: LOOK AT EVERYTHING IN THE MARKET YOU WANT TO BUY IN. Do your research. Find out which areas you feel are undervalued and where you feel people will be moving to. Drive around on weekends through every street and neighborhood. See every open house on a Saturday and Sunday within your price range, plus maybe a few hundred grand so you know what’s out there. The more you see, the better you’ll be able to recognize a good deal when it comes up.

Step 6: Make offers on places you feel are a good deal. Know your price, know what it’s worth, and have patience. It’s more important to get the right property at a fair price than wait years trying to find the unicorn of a deal.

Step 7: Do your inspections. I usually tell my clients to do all the inspections they can, and usually it’ll be a break even when you re-negotiate a credit with the seller. I also take it a step further and also walk two contractors through the unit who will give me a free bid on how much things cost to repair. This way, I know everything that’s “wrong” from a cosmetic standpoint and exactly how much it’ll cost to fix.

Step 8: Close on the property. In the interim here, you’ll be speaking with your lender, getting in all the information they request from you, do an appraisal on the property to make sure it’s worth what you’re paying, and you close. Once the property is yours, this is where the fun begins!

Step 9: Do minor renovations. Most people ask “where do you find your contractors?!” And my answer to this has always been Word of mouth, and yelp. Also make sure to get various bids to understand the costs associated with what you want to do, never just hire the first person.

Step 10: Rent it out. Here’s how I post my ads on craigslist:
https://www.youtube.com/watch?v=gy6JXJKZbSY&t=382s

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

Favorite Credit Cards:
Chase Sapphire Reserve – https://goo.gl/sT68EC
American Express Platinum – https://goo.gl/C9n4e3

Thanks for watching the The Ultimate Beginner’s Guide To Real Estate Investing video!

Watch the The Ultimate Beginner’s Guide To Real Estate Investing video on Youtube

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43 Comments

  1. Yassin Ragab
    July 29, 2021 at 12:13 pm

    What if I can’t find anyone to rent it?

  2. Barde Inashi micheal
    July 29, 2021 at 12:13 pm

    Thank so much for your help and you're truly a man of your words , I'm so happy working with you at kelvin1uptrades for increasing my profits.

  3. Danielle Ebuka
    July 29, 2021 at 12:13 pm

    I'm single. My credit score is 780 and I'm broke 😭🤣

  4. The adventures of bean and cinnamon
    July 29, 2021 at 12:13 pm

    Thank you Graham stephan. Took notes and I have to say I am fully aware of what to expect and how to prepare. I'm glad to have family that are contractors, which is going to save me a ton of money

  5. Alvin Dunkin
    July 29, 2021 at 12:13 pm

    Good Gilbert Godfrey imitation.

  6. Kyle Foti
    July 29, 2021 at 12:13 pm

    You can have the property paid for in 10 years if you use Airbnb

  7. Baby Carrot
    July 29, 2021 at 12:13 pm

    I know someone who paid more than $4 millions on rent and now they regret not purchasing the property they are renting since it was only $1mill the first time he rented it. The kicker is, he never wanted to own it until now lol.

  8. Moonman
    July 29, 2021 at 12:13 pm

    Here for after I get my APE tendies

  9. andrew J
    July 29, 2021 at 12:13 pm

    poop

  10. Melissa love
    July 29, 2021 at 12:13 pm

    Investing in buying a home n pay it off in 30 yrs by that time ill be in my 60s whats the point lmao

  11. Muhammed Mayer
    July 29, 2021 at 12:13 pm

    I want to invest in properties but it's pretty expensive in Germany and I'm only just starting university, any advice?

  12. Badname2011
    July 29, 2021 at 12:13 pm

    If you take out a loan against the equity in your house then sell the house… you wont pay taxes?

    Am i missing something?

  13. Kurlijose
    July 29, 2021 at 12:13 pm

    Im 17 y/o been watching videos on Yt about Real Estate. Slowly understanding the topic. Just a while ago I didn’t know what Real Estate even was. I want to buy my first investment property by 21 y/o 👌 hopefully sooner

  14. Kaylee_Atlanta_Realtor
    July 29, 2021 at 12:13 pm

    “Success is simple, NOT easy!!

  15. Pablo Escobarz
    July 29, 2021 at 12:13 pm

    Love you graham!!!

  16. Sydney Tucker
    July 29, 2021 at 12:13 pm

    I'm learning the difference in going into real estate and investing in real estate. Do you need a license to INVEST in real estate?

  17. Noah Speirs
    July 29, 2021 at 12:13 pm

    Who asks these questions…🤣🤣🤙🐘

  18. David Bernard
    July 29, 2021 at 12:13 pm

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    July 29, 2021 at 12:13 pm

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    July 29, 2021 at 12:13 pm

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  21. DENOVON DANIEL
    July 29, 2021 at 12:13 pm

    Cryptocurrencies, forex trading the digital finance market as a whole are reposeful means and chances to make a remunerative living nowadays, if you can’t see that at this point is time you learn more about it. Austin @surefiredaytrading on ¡nstagram is in the very best sit to welcome your consultations.

  22. brokeboi studio
    July 29, 2021 at 12:13 pm

    can someone explain the fourth step?

  23. McKenna's Journal
    July 29, 2021 at 12:13 pm

    How do I start building my credit at 18?

  24. Josh Bv
    July 29, 2021 at 12:13 pm

    Real estate investing should be illegal it raises the price of housing and makes it harder for young adults to buy houses.

  25. Brandon Kilbride
    July 29, 2021 at 12:13 pm

    I highly recommend getting your real estate license and building money that way. There are many benefits that come along with it. You can actually get money back for a commission when buying a property which usually covers close to all of your closing costs. Plus you get your foot in the door and build relationships in the industry. You get what you put into it. I do not recommend getting a “9-5” if you’re trying to move quickly with this. You don’t want a company to tell you what you’re worth per hour. You take control of your life and determine your worth.

  26. Holly Ramos
    July 29, 2021 at 12:13 pm

    Not only do I have credit but I’m also a cash buyer AND still can’t find investment properties 🤷🏼‍♀️ the area I’m in have a select group of people that get them before anyone else can

  27. The Troy Kearns Channel
    July 29, 2021 at 12:13 pm

    Graham is a great Youtuber and great if you want to learn the basics!

  28. nothing
    July 29, 2021 at 12:13 pm

    i'm 8 year old
    and wanna know how to make money to buy stuff in Roblox like robux

  29. Anas Moukrim
    July 29, 2021 at 12:13 pm

    Can I do this with 0% interest

  30. Isaac Kazama
    July 29, 2021 at 12:13 pm

    👍🏼 👍🏼

  31. Crypto Worldwide
    July 29, 2021 at 12:13 pm

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

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    July 29, 2021 at 12:13 pm

    +1/5/7/1/4/7/5/2/3/4/4

  33. XXKVNGJAYXX
    July 29, 2021 at 12:13 pm

    Just turned 17 and wanna change my life around I took down notes the whole video anybody can give me a little more advice I don’t want to get stuck down the rabbit hole

  34. Galilea Roman
    July 29, 2021 at 12:13 pm

    Go to Home Depot to find your contractors lol

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    July 29, 2021 at 12:13 pm

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