finding good deals

1 Reply

Hello Mike,

I'd suggest the first step to finding a good deal is understanding first what area you're searching in exactly, figuring out an average market value, then finally acquiring said property well below that figure. Easier said than done, as most things in life, but it takes due diligence and persistence.

This isn't always the case with buy and holds, as you'd be sitting on the property for some time, however, it doesn't hurt picking up those below market value as well. This allows the exit strategy to be seamless, since you'd be potentially looking at a profit on the sale.

Good luck.