Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

24
Posts
7
Votes
Katherine Lewis
  • San Francisco
7
Votes |
24
Posts

Ultimate List of Questions for Newbie's Before Buying Property

Katherine Lewis
  • San Francisco
Posted

Hey Community,

New investor here. I've seen such a wealth of insights being offered across the many posts I've consumed since starting this journey. It's been hard to keep up, so I'd love one resource. I want to compile the 'Ultimate List of Questions for Newbie's Before Buying Property' (and then share it widely here!). So, would love to have all of you answer:

What are the most important questions you should be asking yourself as a new investor when evaluating your (first) property?

Did you learn something the hard way? What is the question you wished you asked first? Did asking one particular question save you from making a huge mistake?

As an example, one question I really like is "Do you have a pivot or exit strategy if STR stops working in your market?" (e.g. move to MTR etc.)

READY SET, GO!

Most Popular Reply

User Stats

5,045
Posts
4,009
Votes
Nicholas L.
#3 Market Trends & Data Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,009
Votes |
5,045
Posts
Nicholas L.
#3 Market Trends & Data Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

Here's mine - Am I in a strong enough financial position to afford this?

  • Nicholas L.
  • Loading replies...