Originally posted by @Shazia Chiu:
Hi Zach, welcome to BP. The analysis paralysis struggle is real! I'm out west, but if I get wind of anything in the Cleveland area that sounds interesting, I'll keep you in mind :)
Hey Shazia, thank you for my first welcome, and thanks for keeping me in mind.
Thank you Kenneth. I will take that into consideration. I have made one offer so far on a 4-family that was bank-owned. However the winning bid was ~50% more than the asking price. Maybe this a tough time to get started.
Garrett, thank you for the warm welcome. You sure are right on that note. I learned so much more by walking through my first (and only at this point) house in person than I could have imagined. Now I know more about what to look for when searching for real estate agents and contractors. The BP resource has been a huge help as well - but nothing trumps the first-hand experience in my eyes.
Steven, great to be here. Congratulations on your first purchase. I sent you a PM.
Hello Tom! Thanks for your time. I enjoyed your article. Your fourth point stands out to me: having an insider's view and watching how your specific market trends is a difference maker. My thought process is that if we are at the top of a market trend - correct me if I'm wrong - then at least I will know what to look for in the future, all while still being able to analyze deals and hopefully jump on a good one when I see it.
