Foreclosure as a First Property

[Jared Baker]

I live in Wisconsin and I have seen a lot of foreclosed 4-plexes listed on zillow.  Would perusing one of these foreclosures be a good investment in both time and money as a first deal?

I have not gone out and looked at the properties since they are 2 hours away but would be willing to on a weekend if they are worth my time as a new investor.

Thanks for your thoughts!

[Kim Martin]

Hi Jared - it is a great idea to look at multiple properties and get educated on good areas to buy in. You can use the BiggerPockets calculator to see if it's a good deal. Then you can get help from us by posting what you learned about the property. Best of luck to you. I spend many weekends driving and looking at properties and think it's fun!