Rental Property Investor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
9y
Congrats on taking action!
Just a word of caution - if you have any competition at all on this purchase be careful not to divulge info here that could be used against you in the transaction until you actually own the property. I've certainly seen people in my local area blab all sorts of particulars on BP thinking nobody local is paying attention - particulars that could possibly be used by other investors to gain an advantage.
Palo Alto, CA · Member since 2017 · 226 posts · 95 votes
9y
Congratulations! Hopefully and most likely it will be a good decision. Even in the less likely situation where you end up with questionable results, the hands on education will get you going in a valuable direction.
Rental Property Investor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
9y
Congrats on taking action!
Just a word of caution - if you have any competition at all on this purchase be careful not to divulge info here that could be used against you in the transaction until you actually own the property. I've certainly seen people in my local area blab all sorts of particulars on BP thinking nobody local is paying attention - particulars that could possibly be used by other investors to gain an advantage.