Oh glorious summer! It has arrived early or at least a taste of it has arrived early. I’m getting out to enjoy it as much as I can. But I’m still finding time to keep an eye out for properties that fit our model. In fact, I looked at one yesterday and we’re running the numbers to see if we want to make an offer.
But do you know what makes a great potential rental property? It is certainly not a sign on the listing that says “Investor Alert”, nor is it’s income only.
Our model for buying rental properties is to only buy ones with a CAUSE.
But what does that mean? Dave’s going to explain it to you:
Knowing exactly what you’re looking for when you pick an area and choose a property is key. You may want to target students or seniors so your criteria will be different – but getting clear on your model and focusing will make every deal you do better, more profitable and probably easier too!
By the way, if you liked this video you’ll love these posts:
>> How to Double Your Money in Real Estate (and the Properties with a CAUSE Model in action)
>> Four Ways to Check Reality Before Buying a Rental Property