Why specifically quote me Lizzie, I am not the only one who has adopted the literal interpretation here, it seems most of the other posters of this thread have done likewise???they don't mean "physically" go and look at every property ... both dolf de roos and rk go further on their audio tapes to explain ...
it can be just a case of seriously glancing at 100 in the paper/internet and doing a quick mental sum, comparisons, rental apprisals from general knowledge of the area/quality (which gives you a good feel for the market) ... perhaps physically looking at 10, and this might just mean a drive-by (to assess location and block size) ... super seriously looking at 2-3 (council phone calls, pacing the property out, talking to your pm) ... and then making an offer on 1-3.
it's not hard to look at 100 properties this way.
No matter. But not having read works by either, any comments I make would be out of ignorance. I have heard others confirm (as cited here by Spiderman) that:
Dolf De Roos is widely quoted for his 'inspect 100, put offers on 10, buy 1' theory.
Regardless, of whether this is true or not, IMO attempting to physcially inspect 100 properties is ardous at best. IF HOWEVER you are including searches through realestate websites, perusing virtual tours, going through the "for sale" sections of papers, browsing in RE shop windows etc, then yes, the inspection of 100 properties is easy, and often (hardly surprising is) surpassed!!!