Chapter 5
Scouting Properties: Where to Look and What to Look For
IN THIS CHAPTER
Identifying the best time to buy
Finding the home or rental property for you
Choosing a location to invest in
Understanding the types of land ownership
Knowing when a property’s just right
Getting help from property resources
Finding the right property takes skill, maybe some luck, and a whole lot of intuition. But the hard work of scouting properties will give you the gut feelings you need to make the hard decisions successful real estate investors make. This chapter is something of a scout’s handbook, and we can’t help but advise, “Be prepared!”
This chapter discusses everything about finding properties, from the big picture down to the specific property. Some of the basic issues are tackled in Chapter 1 of Book 7, but this chapter gets into the nitty-gritty of sizing up the conditions in specific ...
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