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Updated about 7 years ago,

User Stats

6
Posts
2
Votes
Nick Barber
  • Ypsilanti, MI
2
Votes |
6
Posts

Questions to ask when buying your first real estate investment?

Nick Barber
  • Ypsilanti, MI
Posted

In about 7 months my lease will be up on my apartment and I do not intend on renewing it because it is my largest monthly expense. I found BiggerPockets in June of 2017 and have been addicted to their concepts/ideas about real estate investing ever since. With that said, the past several months I have been listening to BiggerPockets podcast, reading books and trying to analyze properties in my area because I will need to do something in the next 7 months to eliminate my monthly rent payment. Please share your thoughts on things I should look out for when buying my first real estate investment. What questions should I ask the banks, the real estate agent, the seller? What things should I look out for when touring the house that are often hidden from the eye, but will be costly to fix? Please share your stories, thoughts, and  experiences.

I appreciate the feedback!

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