Published by John Hoff on 26 Jun 2008
How To Buy A House Like A Real Estate Investor: Part 8 - Good Terms vs. Low Price
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| Do you think this house would sell quickly? |
If you’re a normal homebuyer, the statement I’m about to make may shock you.
Price is of little importance when it comes to making a profit in real estate.
“Oh no he didn’t,” I’m sure you’re saying right about now.
Understand this, price is just a number. Price is not the deciding factor on whether you’re going to make a profit in real estate investing or not. Price is something every day homebuyers worry about. For them, it’s about spending the least amount of money, usually looking at monthly payments, and hoping to close the deal with a little equity under their belt.
For a seasoned investor, their only concern is making a profit - that’s it, plain and simple. It doesn’t matter if you spend more or less money as long as the endgame results in an increase of net worth.
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Real Estate |








