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Updated over 8 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Matthew F.
  • Investor
  • Royersford, PA
2
Votes |
6
Posts

Cutting my teeth on on real estate investing in south-east Pennsylvania.

Matthew F.
  • Investor
  • Royersford, PA
Posted

Hi Folks!

I've been listening to a ton of bigger pockets podcasts ever since fixing up my first duplex this year. All I can say is: wow this is a great community. There is so much info here I wish I had known about 5 years ago when I first started getting interested in rental property.

I actually just got back from a house auction earlier this evening where I sort of unexpectedly bought another duplex in my town. I'm exited, but also very nervous, because it was $40K and needs to be completely redone inside. I'm pretty confident in my abilities, but its still going to need probably another 40-45 thousand to get it in rental shape (I admit to not doing more than a ballpark estimate before going to this auction, hopefully it doesn't come back to bite me).

Maybe one of you were at the auction and can tell me if I'm an idiot for bidding what I did, haha!

Most Popular Reply

User Stats

74
Posts
31
Votes
Erich Beyer
  • Investor
  • Phoenixville, PA
31
Votes |
74
Posts
Erich Beyer
  • Investor
  • Phoenixville, PA
Replied

Hey @Matthew F congrats on doing something! My brother and I are right up the road in Phoenixville if you want to chat feel free to reach out. I'd be happy to offer my thoughts on this specific property as well. 

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