Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

247
Posts
62
Votes
Vonetta Booker
  • Investor
  • Stamford, CT
62
Votes |
247
Posts

Nervous about buying my first rental property!

Vonetta Booker
  • Investor
  • Stamford, CT
Posted Aug 19 2014, 10:24

I have to admit--I am sooo nervous about buying my first rental property.I spend hours on the MLS, look at properties left & right, analyze until my eyeballs ache—but I still haven't been able to work up the nerve to make an offer.

I’ve read tons of stuff on how to landlord, find good tenants, do due diligence, etc.—BiggerPockets has been like, a godsend.But I still have the fear of getting a tenant from hell, based on the horror stories that I hear about landlording headaches.

Also, even though I've downloaded the BP rental analyzer and have tried to factor in as many numbers as possible per potential deal—I'm not gonna lie, all this stuff about "CAP rate" this and "2% Rule" that makes my head spin, lol!

Wasn’t a particular question—just needed to vent a little about an apparent acute case of analysis paralysis!But if anyone’s been there and is now doing great, I’d sure love to hear about it, lol! ;-)

Loading replies...