First-time home buyer

[Tanya Helenisa]

Hi there!

Me and my husband will soon (hopefully) be first-time home buyers. I’ve been loving to read into BiggerPockets and do it very often.

Now, what kind of Great Tips for first time home owners (especially investment properties) could anyone provide me?

And of course, what mistakes to be avoided that some may have encountered when they were first-time buyers?

I would love to get some personal tips from all of you.

Thanks so much!

[Ramon Flores]

@Tanya Helenisa Congratulations! I made LOTS of mistakes buying my first home. Ill give you quick tips.

- Don't skimp on the home inspection! Buy the best and most experienced home inspector you can find, if the inspector is a hundred or two more, pay the money and get a great one. My inspector missed A LOT of things that were wrong with the property. He missed that some electrical outlets were malfunctioning, the plumbing in the shower was not working properly, the power box was old and outdated, the AC was not working, etc. 

- Don't be afraid to make sure everything works well and if it doesn't, don't be afraid to ask them to fix it or ask the seller for a credit. During these tough times I am sure they do not want to lose a buyer. Basically don't be afraid to renegotiate.

- This is a very exciting time, but please analyse everything in your property so there are no surprises a few months later. Hope this helps!