Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 about 4 years ago on . Most recent reply

User Stats

66
Posts
15
Votes
Scott Gordon
  • Rental Property Investor
  • Delmont, PA
15
Votes |
66
Posts

First Property - Good or Bad?

Scott Gordon
  • Rental Property Investor
  • Delmont, PA
Posted

Hi! I've been looking for my first rental property. I just want to get started so I can start getting hands on experience. However, I don't want to do anything dumb and get into a bad deal from the start. I wanted to get everyone's thoughts on the deal that I ran the numbers for in the report below. It doesn't cash flow a ton, but the CoC looks good and it doesn't need much work (which actually goes against my initial plans). Anything jump out at you as a big turn off?

https://www.biggerpockets.com/analysis/rentals/e92aca0e-38c0-49fa-8c6c-05e65cb123af.pdf

Thanks!

Scott

  • Scott Gordon
  • Loading replies...