What is Your Investment Criteria?
What is Your Investment Criteria?
Can you buy a house for rent in the same way that you buy an apartment building? Of course you can. And you may be surprised to learn that getting started in real estate investing is not as scary as you think.
Defining your personal criteria for real estate investing is a key and vital piece to starting your journey.
It's important to start asking yourself these questions before jumping in to purchasing a property.
- What is your strategy? Is it buy and hold? Wholesaling? House flipping?
- Is your goal of cash-on-cash return? This is a level of cash flow or returns that you want on your investment.
- Your budget. Your budget may be surprisingly difficult to define, based on your goals.
- Property size - single-family, town home, condos, fourplexes, or multifamily.
The process of buying your first investment could be really enjoyable or a total nightmare if you don't know what you're looking for. Let's work together to identify what your goals are and how we can best get you to where you want to be.
Our team is here to help you find the best strategies that fit your goals when it comes to selling and buying. Let's talk soon.
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