I'm a bit lost and scared and need your advice!

[Mike Leising]

Hi everyone,

A new pro member here.  I am on the verge of my first deal but am not feeling all that confident.  I have listened to almost all of the podcasts and am starting to read books on real estate investing, but until that first deal is done, I don't think I am going to feel confident.  I am really close to pulling the trigger on a duplex that I have analyzed in the below report, but I am still not sure.  Its in a good area of town, near a college, and I would assume a bit of appreciation over the years.  I am hoping someone smarter than me in the room (AKA the bigger pockets forums) can tell me if this is a decent deal to get started with or not just based on the numbers.  I am all about just jumping in and I don't need to make $1k per month on this one, but I also just don't want to have a bad experience for this first one.   Thank you!

View report

*This link comes directly from our calculators, based on information input by the member who posted.