I bought my first investment!

[Toni K.]

Hi All- I have been reading and learning and studying my market and following the advice in the "Ultimate Beginner's Guide." I purchased my first investment yesterday at a foreclosure auction! (a 2/2 condo that I plan to rent) Wanting to focus on condos/townhomes and possibly small multifamily properties down the line. I became an "accidental landlord" a few years ago when I decided to rent my own residence to turn the equity around (and did)  and have learned from that too..  There is some great advice here and am thankful to have found this site. I live in St. Pete, Florida.

[Andrew Davis]

Good for you Toni!  Tell us more...:)  What are the numbers?  Was it scary bidding on a property?  

Congratulations on taking action, here's to many more investments!