Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Our first deal went south and its a big win in my book
Hi all! I just wanted to updated the BP community on our first deal. We had an accepted offer on a duplex but after the inspection and some negotiating gone bad on the seller's part, we decided to part ways. It would have rented well but it wasnt in the greatest part of town and need some TLC. Although the cash flow was tempting, I am proud of my wife and I for walking away. I think it is easy to get emotionally attached and excited about getting our first deal. To be able to know we are walking away and looking for something that fits our mold better is empowering and tells me that we are on the right track. Who else can relate?