Show notes
Many real estate investors think you have to buy a deal with equity built-in, meaning you have to buy a deal that is worth more than you are paying. But real long-term success in real estate proves that you make equity over time - you don't have to buy with it baked in.In fact, let’s revamp the concept of what a good deal is, and let’s consider what a purchase-worthy property might be. Now, this may not fit your traditional real estate education, but in our long career, we’ve found that purchase-worthy properties make way more sense than a “good deal”.“It's the factors beyond the numbers that will dictate whether or not something is a purchase-worthy property.” - Kevin Clayson In this episode, we break down five criteria by which we determine whether we have a purchase-worthy property on our hands or not. Tune in to find out more!Key Takeaways:What people traditionally think is a good deal (01:28)The first criterium is always the market value (07:13)Your decision needs to be based on the market environment (11:15)Something a lot of people don’t consider before buying (14:25)Don’t get carried away with the numbers (18:12)Why is a positive cash flow so important to look for (23:10)Predictability and consistency as cornerstones of success (28:44)Additional Resources:Learn more about Done For You Real Estate: VISIT HEREGet a FREE Income Replacement Estimate (IRE): APPLY HERERegister for our FREE Monthly Webinar Series: SIGN UP HERE--SUBSCRIBE for more Replace Your Income:https://bit.ly/ReplaceYourIncomePodcastIf you enjoyed this episode, please rate and review our podcast. Thank you for your support!--And remember...Income replacement for you and your family may only be one property away!

