How to Buy Real Estate : Invest in Market Inefficiencies
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How to Buy Real Estate : Invest in Market Inefficiencies


Stop Overpaying for Real Estate! Real Estate Investing is about exploiting market inefficiencies

22 Comments

  • Mike Rosehart

    I'd love if one of my subscribers had the time to go through and add captions & transcripts. Link to share here: http://www.youtube.com/timedtext_video?v=Pq5YSc5TwZ8&ref=share

  • Matt Geerts

    Buying at market value isn't just not making money, it is losing money. Try to sell a full retail property again the day you buy it and see how much money you get back.
    Go direct to motivated sellers and work with wholesalers πŸ™‚

  • Sve Pavic

    Good tips Mike, I agree with a lot of them

    However I dont think you have to buy significantly under market value to have great ROI on a rental property

    I personally have bought all my properties from MLS around market value (some under, at or slightly above)

    I've yet to come up on a good private or wholesale deal as the repairs are usually more then the saving and the risk of unknowns such as structural or water damage could turn the investment into a major liability

    I'd personally rather buy close to market value and know all the costs and spend money on cosmetic/high ROI reno than going into massive repairs as it costs me less capital upfront as I can leverage the mortgage and I can still pull all the money back out through a refinance

    For me its about the CASHFLOW and buying the right TYPE of property that fits my requirements, which usually takes at least dozens of viewings and offers to find the right one..

  • Brandon F

    Hey Mike great video. Its hard to not use emotion when it comes it buying properties especially if its a house hack and you want a nice place for you family. But its important we don't use emotion like you said when its comes to investing.

    I was able to find inefficiencies in my current house hack. Bought for 212K, bank appraised for 225K before we did some lip sticking (cleaning & painting) and raised rent from $950 to $1150

  • JP 34

    Awesome vid again Mike! What method do you suggest for obtaining listing comparables to those without MLS access (for non-realtors)?

  • The Bear River Homestead

    Just found your channel and I am loving it! Thanks so much for taking the time to share this info! We've already mastered frugal living and our only debt is our mortgage so we are moving forward into real estate. What are your thoughts on purchasing property in rural areas. Example: I am considering a property approximately 30 minutes outside a large college town. Structurally sound and the price is sweet but….it's not right in town so i worry about the income potential. This property has never been a rental and because it's so rural I have to go several miles to look at comparables which, I feel, may give me an inaccurate view of potential income for the area. Thanks!

  • gregkrazanski

    dang my stupid irrational WIFE is always the cause of my BAD decisions cuz she said her emotional woman opinion, definitely her fault and not 100% mine

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