Closing on First Property!

[Frank Gucciardo]

Finally. We are closing on our first property, a three family in the beautiful Hudson Valley of New York, tomorrow. Wife and I are excited but nervous. It's been three years and more than a few purchases that didn't happen for one reason or another. We couldn't have done it without this awesome site and community. Thanks Josh, Brandon, and the rest of the BP team for making tons of valuable content available. First of many.

[Annette Hibbler]

Congrats! Remember, don't go nuts with improvements if your plan to rent the property. Most people do not take very good care of rentals. I own nearly a dozen of them now so I'm speaking from experience.  A good place to start is to visit comprable homes for rent in your area first. This will give you a very good idea as to what you will be competing with and what buyer's will be expecting within your rental price range.  

Best of luck to you!