Quote from @Fillip Nelson: If the old wiring is knob and tube I would suggest you do get it rewired..

Quote from @Andre Penn: Hi I'm a 19 year old wholesaler trying to close my first deal!

It’s called 𝐅𝐢𝐫𝐬𝐭 𝐭𝐨 𝐚 𝐌𝐢𝐥𝐥𝐢𝐨𝐧.https://store.biggerpockets.com/products/first-to-a-millionI also run a networking group for young aspiring/beginner investors (between 15 and 26 years old), and one of the things we do is have a few Zoom meetings every month.

An agent who is on your team and your team only would be able to give sound advice based on their many years of experience dealing with these types of issues (assuming you chose your agent wisely), and based on actually seeing the property along with it's issues and talking directly with the inspector, etc.

In real estate, you might hear talk about the five-year rule.

After 1-2 years, rinse and repeat.

For the first time in 6 years, the US housing inventory exceeds 1 million, according in Inman (June 2025).

Quote from @Jack Spicer: Hello everyoneI’m a 19‑year‑old finance student living in California and hoping to buy my first rental soon.

I have been part of BP for several years but wasnt' active so they deleted my account which is now back up and running. 

Hi everyone,I’m a 48-year-old aspiring investor based in Oregon, starting fresh with nearly nothing but experience, determination, and a vision.After 25 years in the restaurant and service industry, I’ve learned the value of resilience, hard work, and people.