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305: The Rookie’s Guide to Analyzing Rental Properties and Airbnbs in 2023
Real Estate Rookie
How to Create a Good Buy Box
Ashley: Your buy box is basically just you identifying what type of property am I comfortable purchasing that aligns with my chosen strategy and with my chosen goal or like what I'm trying to get out of this. If we're flipping a home in Josh Rotary, we're typically looking for something that's about three bedrooms, usually one to two bathrooms, 1,100 to 1,300 square feet. We know inside of that little box, pretty much down to the penny how much we're going to spend to renovate something like that. The next thing after knowing what your market is, what kind of deal you're looking for is how are you going to pay for the deal?
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