Newbies first rental property

[Nevin Ashley]

I just closed on my first rental property two day ago and just wanted to share how I got to that point. I have been studying and listening for couple years and finally motivated myself to dive in and take action. I've been a professional baseball player for 12 years (Most in the minors) and suffered a concussion this spring. But in the midst of it all it got me motivated to take action on my next career. 

I have an amazing broker and she started sending listings. I became a pro member and just narrowed down the areas I wanted to concentrate on in my hometown of Evansville, and analyzed them. I mad four offers and the last property we struck a deal. Although the underwriting on the loan process was a pain cause of my occupation and how crazy different it is we closed. I'm looking to get $1500 combined on the units and cash flow a little over $400 with a 15% ROI.

Without the knowledge and the help from Bigger Pockets I might have never started, but now I'm pumped for what's next.