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Updated over 2 years ago,
Crystal Clear Criteria
Forgive me if this is a naive question… I understand the importance of determining your criteria but I’m having a hard time with the specifics.
When a wholesaler, real estate agent, or lender asks what I’m looking for this is my response.
SF or MF (under 4 units) long term rental properties under 100,000. Below market value and in need of repairs. (In order to increase value through a BRRRR method). In my town and areas/counties surrounding.
My question is how can I be more specific? What other information can I include in my criteria? Any deal that comes my way I will analyze and determine if it’s a deal or not so I’d rather be more general in order to have more options.
What is your criteria that you provide to your team?
Then what is your criteria you use to determine whether it’s a deal or not?