One Thing You Wish You Knew Before Purchasing Your First Property

[Debbie Holland]

I thought it would be a great conversation to see what that one piece of advice fellow investors wish they had before their first purchase. 

I think for me, I would've used a Property Management Company sooner. I think in the long run it would've even actually saved me money. Tenants tend to take advantage of owner landlords vs a company. 

[Jim K.]

Oh, that's easy. My first property was a C-class SFR, built 1910. Never buy without immediate, significant cash reserves on hand.