You Make Your Money When You Buy
“You make your money when you buy in residential real estate investing.”
Purchasing properties at the right price is key to making money in real estate investing. A lot of real estate investors pay too much when purchasing properties because they do not realize how much their profit margins will be compressed. It is imperative to have a large enough equity cushion in your deal to cover unexpected costs and avoid breaking even or losing money.
In this video, Chris and I break down the formula for purchasing investment properties at the right price.