Many real estate investors think you have to buy a deal with equity built-in, meaning you have to buy a deal that is worth more than you are paying. But real long-term success in real estate proves that you make equity over time - you don't have to buy with it baked in.
In fact, let’s revamp the concept of what a good deal is, and let’s consider what a purchase-worthy property might be. Now, this may not fit your traditional real estate education, but in our long career, we’ve found that purchase-worthy properties make way more sense than a “good deal”.
“It's the factors beyond the numbers that will dictate whether or not something is a purchase-worthy property.” - Kevin Clayson
In this episode, we break down five criteria by which we determine whether we have a purchase-worthy property on our hands or not. Tune in to find out more!
Key Takeaways:
Additional Resources:
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