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This is a very simple guide for beginners looking to buy their first rental property. I share practical tips which anyone can understand, and by following them, you can avoid a few big mistakes people make when buying their first investment property. Always remember to refer to your local market experts for additional guidance, as you might have different expenses or things to consider in your particular city! 00:00 intro 00:33 "deep learning" 00:54 Find ONE or A FEW communities you are interested in. Do not try to learn a dozen at once early on 01:59 Once you've found a few communities, this is where the "deep learning" starts 02:44 Live demonstration of me looking for a potential rental property to buy (Remember, I am showing this at a basic level, there are many more things that go into this, let me know if you have more questions) 03:59 Figuring out how much rent you can charge in an area 04:50 Approximate rents for this hypothetical rental property I am buying (ALWAYS be a bit conservative with rental amount numbers) 05:19 Calculating rental income vs expenses to see if the property loses money, breaks even, or cash flows .. #realestateinvesting #calgaryrealestate #mussakhan