First investment property questions

[Benjamin Finnerty]

I've got a good property I'm checking out, and want to ask some questions about the property.

What questions do you wish you asked on your first purchase that you didn't know to ask?

[Andrew Giunta]

If its a property that someone else used as an investment property, average maintenance costs, tenant quirks, age of all the major capital expenditure items (roof, boiler, ect.) Be upfront about what you are looking for with your realtor and do the calculations yourself. Don't be afraid to offer an aggressive amount and work your way up. 

In my case anyway, there were a few deals that I backed out on because I was afraid the property wouldnt hold up in time. Sometimes things just dont always work out and they werent meant to be, thats fine as well.