Hi.
People often say "if it ticks all the right boxes, buy it".
But what are YOUR boxes?
How much emphasis do you place on them? I mean some boxes are must haves while some are nice to have but not make or break deals.
My first ones are:-
good yield (through reno or buying under market value)
and/or
near instant equity (through buying under value or increasing equity through reno)
I know there are lots and it can vary according to your goal. For example you might forgo the previous 2 if you are going to develop the site at a later stage (and realise the profit then)
What are yours?
People often say "if it ticks all the right boxes, buy it".
But what are YOUR boxes?
How much emphasis do you place on them? I mean some boxes are must haves while some are nice to have but not make or break deals.
My first ones are:-
good yield (through reno or buying under market value)
and/or
near instant equity (through buying under value or increasing equity through reno)
I know there are lots and it can vary according to your goal. For example you might forgo the previous 2 if you are going to develop the site at a later stage (and realise the profit then)
What are yours?