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Real Estate Deal Analysis & Advice

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Whitney Tyson
  • Staten Island, NY
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Stick to Criteria or be flexible?

Whitney Tyson
  • Staten Island, NY
Posted Sep 18 2014, 23:19

Hi everyone. So I have really been putting a lot into my real estate education lately. I am almost finished reading Millionaire Real Estate Investor by Robert Keller and have a question. In the book he stresses the importance of figuring out your criteria for a property and sticking to it, no matter what. Dont chase deals, use your criteria as a filter to weed out properties that will waste your time. On the other hand one of my favorite podcasts talks about putting in a massive amount of offers and adjust the price or terms of the offer to make the deal work for you. Its a kind of "anything is a deal if you know what you are doing" mentality. I was just wondering what real investors on the front lines of investing think of these two different strategies. Thanks in advance

Whit

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