AskBP
#AskBP 059: Is it Better to Purchase a Fixer Upper or a Property Already in Great Condition as a First Time Investor?
Expertise: Landlording & Rental Properties, Personal Development, Real Estate News & Commentary, Business Management, Flipping Houses, Mortgages & Creative Financing, Real Estate Deal Analysis & Advice, Real Estate Wholesaling, Personal Finance, Real Estate Marketing, AskBP, Real Estate Investing Basics
593 Articles
Written
Buying a fixer-upper offers real estate investors greater opportunities to snag investment property at below market value and quickly build equity, but it comes with greatly increased risk for the new investor. On this episode of the #AskBP Podcast, Scott Trench shares his perspective as to which types of investors might want to take on this added risk, vs those who might do well to avoid properties that need a lot of work. If you’re looking to buy a fixer upper as a first investment, make sure you ask yourself the questions posed in this episode!
Want more articles like this?
Create an account today to get BiggerPocket's best blog articles delivered to your inbox
Sign up for free
Watch the Episode Below
Listen to the Episode Below
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS
Links from the Show
Report Abuse
Report Abuse
Report Abuse