BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply
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How many deals do you scan before you lock in on a property?
I'm starting to scan for my first property and trying to understand the process. Zillow -> analyze -> offer -> repeat.
After how many properties that you scanned you feel like you're comfortable making an offer?
Most Popular Reply
This is a good question. I'm starting to learn that the more refined my property criteria, the fewer properties I need to look at. If I know the specific neighborhoods, age, bedroom/baths, condition of the properties that I want to purchase, then my pool of homes is already filtered down. Then I can just run numbers on the much smaller set of properties that match my criteria. If the numbers are reasonable for my particular strategy, then I contact my agent to put in an offer.