All Forum Posts by: Jason Muenster

Thanks for the feedback everyone, greatly appreciated!!  I agree in regards to the inspection being a critical part of the process.  The interesting this is that the owner said he wouldn’t waste the money on an inspection because the inspector is paid to find problems with the property, even if they aren’t actually things I’d need to be concerned about.  Seller also stated that I would get most of that information as part of the appraisal.  Thanks again for confirming my belief on the inspection.  

I’m looking at acquiring my first property thanks to Bigger Pockets, and am analyzing a residential 6 unit that was originally built in the late 1800’s. The property looks to be in pretty good shape considering its age, but I don’t have much construction/real estate experience and don’t know what I don’t know. Should I consider a property like this for my first purchase, or look for something newer? Thoughts and perspective from some experienced investors would be greatly appreciated!