Successful Real Estate Investors know that they “make money when they buy a property”. They know what it is worth, what they will pay for it, how much expenses are and what the market rents are. They know how they are going to make their money from an investment before they enter into an agreement.
When acquiring Real Estate Investments, you should always be looking for motivated sellers. Motivated sellers are motivated for a number of reasons. Check out my previous post “Create Your Own Motivated Seller” for more information on motivated sellers.