My First Potential Offer on a FSBO

[Rebecca Lujan]

I have a few questions related to my potential first deal as an investor. In my neighborhood there is a For Sale by Owner and it's vacant. I am interested in purchasing this for a rental. I used to be a real estate agent prior to my move to Texas, so I am familiar with FSBO's. I live in the same neighborhood, and since I drive by this home every day to/from work, I know that it's been well maintained (at least from the outside), I know the area, taxes, insurance, and other factors that can affect the sale. What I haven't checked yet is title. I used he Bigger Pockets Rental Calculator, checked the rent thru Rentometer. New Braunfels is one of the fastest growing cities in Texas so appreciation is a factor. Prior to the call, I would appreciate any advice, regarding the call, the purchase contract (since I may or may not, be representing myself, the numbers, etc. Pulling the trigger on the first one is a little scary, but it's time. Rebecca