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Updated almost 4 years ago on . Most recent reply

Scott Gordon's profile image
Scott Gordon's profile image
Scott Gordon
  • Rental Property Investor
  • from Delmont, PA
  • Member since Jan 2, 2021
  • Posts 66
  • Votes 15
  • Experience 4 Yrs
  • Investments 4
Connect

User Stats

66
Posts
15
Votes
Scott Gordon's profile image
Scott Gordon's profile image
Scott Gordon
  • Rental Property Investor
  • from Delmont, PA
  • Member since Jan 2, 2021
  • Posts 66
  • Votes 15
  • Experience 4 Yrs
  • Investments 4
Connect
Scott Gordon
  • Rental Property Investor
  • Delmont, PA
15
Votes |
66
Posts
Starting Out

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
    • 2 Votes
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