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In Real Estate, You May Have to Kiss A Few Frogs… Here’s Why!

Lisa Phillips
1 min read
In Real Estate, You May Have to Kiss A Few Frogs… Here’s Why!

I advocate going into neighborhoods that are safe and cost significantly less than others. However, when searching for these gems of cash flowing investments, I see frustration sometimes when people are searching, and just wanted to make things very clear:

IN THIS PRICE RANGE, YOU’RE GOING TO HAVE TO KISS A FEW FROGS BEFORE FINDING YOUR PRINCE.

So take a deep breath, utilize my leveraged analysis technique I discussed in a previous post, and start searching for those diamonds in the rough.

Related: How I Found, Analyzed, and Bought an Ugly Purple Rental Property

Now, this is just to reset your expectations more appropriately. Do you have to search through more duds? Yes. Is it absolutely worth it? Of course!

[youtube http://www.youtube.com/watch?v=Mq24xT-EynI?rel=0&w=560&h=315]

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.