Do you want to know the secret to becoming a successful real estate investor?
It isn’t in making the trendiest upgrades. Or having the sharpest marketing strategy. Or setting the best price once you’re ready to rent or sell.
It’s buying the right investment property.
Real estate investing is a numbers game that’s won or lost when you pick an investment property to purchase.
If you’re planning to flip your investment home, you’re gambling that you’ll be able to sell for significantly more than it cost you to purchase and fix up the house.
If you’re planning to buy and hold the home as a rental property, you’re betting that you can rent it for enough to cover the monthly mortgage payment and pay back the capital you’ve invested.
In both cases, if you don’t purchase a property at the right price, the odds of making a profit are against you.
So, how do you stack the deck in your favor? Hire an investor-friendly real estate agent.