I often read people complaining that they paid too much for their PPOR or an IP by $10k or $15k(Based on a $350-500k prop). Over the long term, say 10 years+, does it make all that much difference? When I look for a potential IP, I don't necessarily care paying market value or a little bit more as stated above, providing the location is good, because of one key factor...."Time in the market".
For the long term investors only, does $10k or $15k make or break a deal for you, even if your numbers don't quite add up in your favour? Ie, do you look beyond the numbers?
For the long term investors only, does $10k or $15k make or break a deal for you, even if your numbers don't quite add up in your favour? Ie, do you look beyond the numbers?