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Updated over 9 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Sandra Utley
  • Investor
  • Spanaway, WA
2
Votes |
7
Posts

Tips for beginners

Sandra Utley
  • Investor
  • Spanaway, WA
Posted

Hello. I was wondering if people would share their experiences for when they began investing in real estate.

What common themes presented themselves? Things of that nature.

Thanks,

Sandra

Most Popular Reply

User Stats

513
Posts
318
Votes
Penny Clark
  • Sacramento, CA
318
Votes |
513
Posts
Penny Clark
  • Sacramento, CA
Replied

Welcome to the BP family, Sandra! Lots of great suggestions already here. The one thing I'd add is do not become emotionally attached to a property. Don't tour it until you run the numbers first. If it doesn't cash flow enough to meet basic costs you can always move on to the next deal.

Best of luck to you!

  • Penny Clark
  • Loading replies...