There are a lot of what makes a deal good. I am writing to define some of those so you may gain a perspective to help you in your investing career.
Appreciation is one of the largest wealth building machines in investing. Many investors do not capture this. Appreciation always works from the value of the property.
Suppose you had a property worth $100,000 and it appreciated 4% per year. This would be a 4% return had you paid $100,000 in your own cash to purchase the home. But, suppose you paid $3,000 for the down payment. Your return would be over 100% just off the appreciation.
Seek homes that appreciate well and combine this with the other making sense options and you can increase your wealth astronomically.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125