Updated almost 7 years ago on . Most recent reply
If everyone is looking for deals, how do you ever find one?
Hi, new to BP and I‘m wonderIng how I’ll ever be able to find a deal? If a deal makes sense, then I can‘t be the only person runnIng numbers and thinking it’s a good deal. Is it wrong to assume the “market is smart”, generally has access to all the same info I do (maybe more), and snatching all the good deals up? I’m all about being positive, but I think reality is a good perspective as well. Any thoughts would be appreciated!
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Simon W.
Tax & Financial Services
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- Real Estate Consultant
- Lehigh Valley PA & New York City
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when investors say deal, it can mean a variety of things.
Not all investors invest with the same mindset.
Some would be happy with a cap rate of 4%, some would only do 8%-10%, some do not care about cap rate and want to focus on appreciation after holding x amount of years.
Some are focused on buy & flip, some are looking for holding on to a lot until a miracle happens in the area.
The question is, what deals are YOU looking for?
- Simon W.
Accounting Properties LLC
CFO LLC