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Updated almost 6 years ago on . Most recent reply

User Stats

83
Posts
17
Votes
Cody Jensen
  • Colonia, NJ
17
Votes |
83
Posts

Very Nervous For My First Duplex...

Cody Jensen
  • Colonia, NJ
Posted

Hi Everyone,

I'm in the process of purchasing my first duplex, i have tenants in place and collecting rent. I have met them and such which both units are family related they seem like decent people. The house is in FAIR condition. Some small little repairs would need to be done but nothing serious... yet.

I

'm really nervous, this will be my first property which i've been looking for one for years now. It's located far away from me and im looking to find a person in the area to help manage repair requests. Is this something i should be nervous about? I really dont want calls for repairs.

No one in my family or friends have ever owned a rental property let alone one thats not even in the state  we live in. 

Were you nervous buying your first one? How did you get over not seeing the money you earned in your account? Is it something you regret doing?

Sorry, I'm just talking myself out of it now. In need of some cheering up rather.

Thank you

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