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Updated about 7 years ago on . Most recent reply

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2
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Jordan Yager
  • Flipper/Rehabber
  • Kent, WA
0
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2
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Trying to get my first deal

Jordan Yager
  • Flipper/Rehabber
  • Kent, WA
Posted

Hello BP, I'm new to investing trying to get my first deal. There is tons of information overload. Are there any suggestions to put all my energy and where I'm wasting energy?

Most Popular Reply

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Corby Goade
  • Investor
  • Boise, ID
3,123
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3,016
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Corby Goade
  • Investor
  • Boise, ID
Replied

We do need more info, but to give you some simple advice to think about- what are you trying to achieve through RE? Define your buying criteria (cash flow? How much? Cash on Cash return? How high? Flipping? Are you looking for a certain percentage of a return or a specific dollar amount? How much? Think about those things, come up with some numbers that you are comfortable with and start analyzing deals on MLS, BP, Craigslist, etc. You'll soon find out if your numbers are realistic or if you either have to modify your criteria or work even harder to find a deal.

  • Corby Goade

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