The ”3 legged stool”

Buying & Selling Real Estate
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The ”3 legged stool”

George Courtney
Real Estate Investor · Los Angeles, CA · Member since 2010 · 59 posts · 5 votes

Can someone please give me full information about a buying concept called “3 legged stool”

Many thanx for your quick reply

George

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  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    11y

    I have been doing this for 10 years and I don't recall hearing that applied to REI. My guess is it is some REI instructors own idea of how to evaluate deals.

    Perhaps if you gave some context on how it was used it would help.

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  • Jarrett Harris
    Calumet City, IL · Member since 2014 · 312 posts · 49 votes
    11y
    Originally posted by @George Courtney:

    Can someone please give me full information about a buying concept called “3 legged stool”

    Many thanx for your quick reply

    George

    I have only heard that in relation to retirement dating back about 10 years ago.

    Social security

    Your pension

    The equity you gain when you downsize your home when you retire

    I think that is how it goes.

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