Unlock the Untold Secrets to Crushing Real Estate in 2025—Start From Zero and Build Your Empire Now!
Dave:
Different off market acquisition.
Henry:
But if you’re just the normal person like me who just does this business, only wants to do some deals in your own backyard or just a few deals for yourself, then an investor friendly agent if you are not already licensed, is your most important person on your team. And the reason I say that is because the most important data point that you need for your deal is your after repair value. It’s the price or value of that home after it’s fixed up. You’ve got to be able to comp properties accurately and you’ve always needed to be able to comp properties accurately, but the market is less forgiving now, and that number is more dynamic now than it’s ever been. You can buy a property now with an RV of three 20 and in six months, once you’re done with the rehab, that could have come down 20 grand. True. It’s dynamic now. And so you want to make sure that you are either great at comping or that you have somebody on your team who’s really good at comping because you’re making your offers based off of this a RV. And if you overpay and then the market shifts downward, you could be in a bad situation.
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