The Numbers Game
In This Chapter
• Determining when to buy a property
• Understanding wholesale pricing of real estate
• Making real estate deals work profitably
• Determining your costs
Buying real estate as an investment is a numbers game. Either the deal makes sense, or it does not.
Basic math skills and a financial calculator are what it takes to evaluate the numbers on each deal. Sometimes it takes a little more work than other times. Creative thinking will sometimes make a marginal deal look better.
Like it says in the song The Gambler, “you got to know when to hold ’em, know when to fold ’em.” That applies so well in real estate investing. Sometimes, it makes sense to say no, and just throw the cards away. In this chapter, you’ll ...