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Updated over 9 years ago on . Most recent reply
First try
I found a property that would be my first investment rental and the numbers made sense. I was not quicker than another investor. While I was still sorting things out at the bank and calling on insurance quote, and looking over property, they offered cash with one day on MLS.
Most Popular Reply
This is a tough time to be new at investing because supply is really low in most places around the country. Even experienced professionals that have all their historical data in place and their real estate radar running 24/7 are having trouble finding deals. When one pops up, it's like a Parana feeding frenzy. You'll just have to be patient and wait for the right opportunity. BE CAREFUL not to get so anxious to buy something that you ignore the necessary due diligence. Having no deal is WAY better than buying something that could sink you financially. This is NOT a get rich quick business. Good luck!