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Updated almost 4 years ago,
One must b Renovate RRR. In this buyer’s market. Do you agree?
Hey there! (Sorry, i wanted to change the title above to ‘seller’s market’ but BP won’t let me).
I keep hearing from many investors that “numbers don’t make sense,” “not enough cash flow...”. I think when someone is new to investing, one must see that no one can retire off of their first investment property and sail into the sunset. It is also unfair to judge the performance of the property just by owning it for just one year. With this being the seller’s market, investors are going to need to value add by picking the diamonds in the rough and having the stomach to do Renovations. What do you think? How are your deals working out?