#AskBP 059: Is it Better to Purchase a Fixer Upper or a Property Already in Great Condition as a First Time Investor?
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!
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