Here's EXACTLY how to spot a bad deal in 5 minutes so you never lose money on a rental property.
Most investors lose money because they fell in love with a house before running the numbers. This kills that.
Let's go ---->
The market price is the price an able buyer is willing to pay for something.
It's that simple.
You can get BOV's and appraisals all day long, but they are nothing more than estimates of market value.
No more paying retail for primary residences for me.
I'm using two strategies
- Buy distressed and renovate
- Build with a construction loan
When done right this will create immediate equity.