Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

63
Posts
29
Votes
Robert Carter
  • Rental Property Investor
  • Ashburn, VA
29
Votes |
63
Posts

Finally I purchased my first investment property

Robert Carter
  • Rental Property Investor
  • Ashburn, VA
Posted

I finally did it, I pulled the trigger and bought me a home. My short term goals are cashflow so I can continue to purchase more homes in the future. I purchase this SFH in December in order to use it as a Short term rental. We launched the STR literally March 1st (I know perfect timing). Since I have never had a investment property before it has been a nonstop learning experience. From learning the area, the STR industry, guest and what a seasoning period is. If you are a Newbie and are teetering on line if you should buy or not. I would suggest pressing the gas and just hold on, because once you buy your first property your acumen/learning experience grows exponential compared to just being in analysis mode. I'm already looking to purchase my next property in Q3 of this year. Good luck to everyone and happy investing.

  • Robert Carter
  • Most Popular Reply

    User Stats

    14
    Posts
    10
    Votes
    Replied

    Nice! We have bought 19 in the last 2 years. All SFR and not short term, but the key is hammer down on the gas!

    Speed of acquisition is my main focus so we can get to our financial freedom number. We only need 6 more.. 

    Keep Rockn!

    Loading replies...