Here are two signs you are not getting the best deal on a property. So so the first sign would be if that property actually sits on market active for 48 hours. Most likely. It is not the best deal there's businesses that dedicate all of their time and systems into picking up the best yields right away.

So therefore. If it has sat for over two days. Most likely. It's not the best deal the second thing is if it's less than 15 cash on cash return.

If your intention is to flip it and you are ready after all expenses and being fully invested. If it's less than 15 net margins. I really feel like you're putting yourself in a tough spot especially with current market conditions and how interest rates are rising. You're just not giving yourself in my opinion enough cushion to be able to actually make it worth the overall risk that you're choosing to take on right now.


By Stock Chat

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2 thoughts on “2 signs to look for before buying a property!”
  1. Avataaar/Circle Created with python_avatars Trevor Pope says:

    Can you make a video about how to buy a house when interest rates are high?

  2. Avataaar/Circle Created with python_avatars Road2Millionaire says:

    Great video ๐Ÿ”ฅ

    YOU have inspired me to continue and make more videos to help others ๐Ÿ™Œ๐Ÿ™Œ

    My GOAL is to become a Millionaire with your help

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