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Updated over 6 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Florida
29
Votes |
54
Posts

Making the jump and buying you first deal

Account Closed
  • Rental Property Investor
  • Florida
Posted

I have been doing alot of reading on the BP forums and through outside resources (books, YouTube, podcasts, etc.) on real estate investing. As someone who is new to the world of real estate investing, I have been doing alot of research to being building my knowledge, however, like many others, I want to take buy my first property and start getting my feet wet. My goal is to start within a few months after I finish my move to a new town in April.

I want to avoid getting stuck in the research phase and I want to take the right steps to begin my first investment. 

What are some tips, tricks, lessons learned or advice for someone looking to take the leap and begin their first deal?
What are things that are often over/under analyzed in the process?
How do to know you have a good deal? Where to avoid looking for deals?
Best way to jump out of the education "comfort zone" and start doing? 

Thank you for any help! 

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