First Acquisition jitters? New Investor butterflies? Lets discuss

First Acquisition jitters? New Investor butterflies? Lets discuss

Oakland, CA · Member since 2019 · 2 posts · 0 votes

My name is Nieko, I am a brand new Bigger Pockets site member after being a long time surveyor of the youtube channel and listener of the podcasts, and have now decided to jump into the mix of things, I just wanted to start a discussion on peoples first real estate Acquisitions, see how they were feeling during the process, did you do a super detective method of knowing every little itsy-bitsy detail before you bought in? Were such a newbie that you just dove straight into the deal that looked like gold from your "youtube academy" research?

Maybe you haven't Purchased yet and are waiting for the butterflies to leave you stomach so you can finally buckle down and start using those Bigger Pockets Calculators and punch in some of those zillow listings you've been eyeing to see if they're worth it (currently my position lol)

Im a new forum poster and also bright eyed and bushy tailed in the world of real estate, looking to hopefully gain some real world insight to couple with all the technical aspects of real estate investing! hope to hear some of your stories!

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  • Rental Property Investor · Oklahoma City, OK · Member since 2017 · 1k+ posts · 694 votes
    7y

    I've bought several houses and I still get a bit nervous, that doesn't change. Set your criteria and if properties meet it then pull the trigger. 

  • Member since 2019 · 15 posts · 3 votes
    6y

    @Nieko Aguirre

    I am a "newbie" from PA. I'm closing on a 20k rental property that is currently rented for $700 a month, in exactly 1 week from now.. I am so nervous! I get butterflies every time I think about it. I keep thinking about when the lease changes hands of ownership. I got the report back today from the title insurance company, current owner has municipal liens against the property. Good thing for title insurance! Just hoping everything else goes smoothly!

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