Question About Real Estate Investing as a Whole

[Victor Nguyen]

I am a rookie and trying to buy my first rental property to start my real estate portfolio. I have some questions about real estate that I just can't seem to understand. I am currently working with a real estate agent and they are sending me a bunch of really good deals on the market. I know that there are really good deals listing on the market every single day, but f there are so many great deals, why aren't they all getting bought up instantly when they go on the market by avid real estate investors? Is it because they know something that beginners don't? Is it because they do not have the capital and the funds to buy 20 deals in a year? Can someone please explain this to me

[Henry Clark]

Show what is considered a good deal.  Without the details no analysis is possible. 

[David Bilandzija]

@Victor Nguyen Try attending local real estate meetups.  The chances are high you will meet other house flippers that can offer insight.  Lean on their experience.  

[Tony Savage]

Really good deals don't sit on the market very long Victor.

[Kristine Ann]

You are right to be skeptical.  When you say "deal" do you mean "cheap?"  Just because a house is cheap, doesn't make it a good deal. A good deal is snapped up quickly and won't be on the market for long, if at all.

[Preston Dean]

@Victor Nguyen

After working with many investors I have realized that everyone has a different criteria. Just like some people prefer pick up trucks to cars or Chevy to Ford. One investor might think its a good fit for them and their situation while another investor won't. 

Stick to your criteria and buy box and stay focused on what you want