Potential Real Estate Investments

[Bubba McCants]

Hey Bigger Pockets community! I'm a real estate agent and investor and exploring different strategies. I'm curious to know: What key factors do you prioritize when analyzing a potential real estate investment deal? Any specific metrics or criteria that have consistently led to successful deals for you? Looking forward to learning from you!

[Engelo Rumora]

Quote from @Bubba McCants:

Hey Bigger Pockets community! I'm a real estate agent and investor and exploring different strategies. I'm curious to know: What key factors do you prioritize when analyzing a potential real estate investment deal? Any specific metrics or criteria that have consistently led to successful deals for you? Looking forward to learning from you!

We buy, fix, flip and manage and leave no stone unturned when looking for deals.

We negotiate hard, buy with cash and close quickly.

Gotta buy cheap in order to make margin but still deliver a turnkey property to investor at fair market value.

I've always believed in "making money when you buy and not when you sell".

So it's important to buy cheap.

A strategy that I always tell all of our buyers when investing is to always "underestimate income and overestimate expenses".

If you think it won't happen to you, it will and you can't go wrong including a margin of safety when predicting expenses.

I hope that helps 👍