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Updated over 6 years ago on . Most recent reply

User Stats

41
Posts
7
Votes
Grace Fukuda
Pro Member
  • Farmington, MI
7
Votes |
41
Posts

Any advice for a newbie as an investor?

Grace Fukuda
Pro Member
  • Farmington, MI
Posted

First investment property purchase, anything I missed?

After being stuck at Biggerpockets, I finally was able to find two properties in town – about 30 minutes driving from where I live. EMD was processed for both, and I scheduled for closing in a week. Since I am a first-time investment buyer, I would like to confirm if everything I concerned is correct.

First of all, I used rental calculator of Biggerpockets, and I budgeted what expenses I would see as an investor.

The closing is scheduled as next Wednesday, 11/7/18. Is there anything else I forgot or not to consider?

I would like to double check if I am good to go. Any advice on this is very appreciated!!

Thanks!

Grace 

  • Grace Fukuda
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