You Make Your Money When You Buy
Purchasing properties at the right price is the key to making money in residential real estate investing. Most real estate investors pay too much when purchasing properties because they do not realize how much their profit margins will be compressed. It is imperative to have a large enough equity cushion in your deal to cover unexpected costs and avoid breaking even or losing money.
In this episode of #theREI360show, Chris and Jason break down the formula for purchasing investment properties at the right price.