The Best Types of Rental Properties for Beginners to Buy in 2026

Episode #697 Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus! https://www.baselane.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_campaign=bigger_pockets&utm_medium=YT-M What’s the _best_ type of rental property for a beginner to buy? This is one of the first decisions every rookie needs to make, but between *single-family homes, multifamily properties, condos, townhomes,* and others, the options can be overwhelming. But not to worry—in today’s episode, we point you in the right direction! Welcome to another *Rookie Reply!* Ashley and Tony are back with three recent questions from the BiggerPockets Forums. Imagine you’re *hearing about real estate investing for the first time.* Where should you start? How do you know when you’re ready to invest? We share a *three-bucket strategy that will prepare you for that first rental property!* Next, _where_ should you invest? If you’re like most rookies, you’re looking for cash flow, in which case we’ll show you how to *pick a market with affordable home prices and strong rental demand.* Finally, what _type_ of rental property should you buy? We break down your options and show you how to choose based on your investing strategy and long-term goals! Ask Your Question for a Future Rookie Reply: https://forms.gle/naQm67JEJ74YMZ5G6 Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Get Started with Ashley’s Book, _Real Estate Rookie_ : https://store.biggerpockets.com/products/real-estate-rookie?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the Real Estate Rookie Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Real Estate Investing for Beginners: How to Get Started: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/ashkehr?utm_source=youtube&utm_medium=description&utm_campaign=none Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none