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Updated about 2 months ago on . Most recent reply

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New Member Introductions

New Investor looking to purchase their first property

Andrae S Wiggins
Posted

Hello BiggerPockets. I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this. I think the first place to start is evaluating quality deals. Any advice/resources would be greatly appreciated.

Washington, DC
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Russell Brazil
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Quote from @Andrae S Wiggins:

Hello BiggerPockets. I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this. I think the first place to start is evaluating quality deals. Any advice/resources would be greatly appreciated.


 Welcome to BP.

My biggest piece of advice is to understand risk premiums in real estate. Most novice investors get the risk premiums backwards.

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