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Updated over 2 years ago on . Most recent reply

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Doug Davis
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48
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How did you determine your "buy box"

Doug Davis
Posted

Inwant To find a place that I can rent out.  Possibly renovate.  I hear that investors are supposed to be specific about what they want to buy.

How did you determine your "buy box?"

What are some top factors to consider?

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3
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Benjamin Meyer
  • Real Estate Agent
  • Catonsville, MD
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Benjamin Meyer
  • Real Estate Agent
  • Catonsville, MD
Replied

It's important to know WHAT you want to buy, but WHY you want to buy is more important and will help you determine the WHAT. 

Things to consider in a buy box:

1. Location

2. Price Point

3. Type of Property

4. Purchase Strategy (Conventional financing, seller financing, etc...)

5. Exit Strategy (money-making)

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