In the current financial environment, residential real estate investing continues to be a viable business, but the business has changed dramatically. There are more challenges and deals require different credentials and strategies compared to recent years of loose lending standards and appreciating prices. Private investment placement managers and established cash buyers are squeezing out the [...]
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One of the ways that I evaluate the level of sophistication of fellow real estate investors, and potential clients, is the answer to this question: “What is your acquisition criteria?” More often than not, the answer is “I just want a good deal,” which is usually a sign of a novice investor. Experienced investors know [...]
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