Establishing Your Buy Box: Key Criteria for Real Estate Success

This chapter emphasizes the significance of recognizing purchasing power and budgeting in real estate investments. It offers a comprehensive checklist for creating a 'buy box' that includes essential factors like property type and location, supported by relatable personal examples.

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Struggling to land your next rental property? Even in today’s housing market, there’s a great deal out there with your name on it—you just need to know where to look. In today’s episode, Ashley and Tony will share their favorite strategies, software, and tools for finding real estate deals so that you can start getting a little reward for your effort!

Welcome back to the Real Estate Rookie podcast! Sourcing deals is hard work, but maybe you’re making things harder for yourself. Today, we’re starting at square one by showing you how to determine your purchasing power and build your buy box. From there, we’ll introduce you to several strategies that will help you find on-market deals that fit your criteria and off-market deals that typically fly under the radar. How many of these deal-sourcing strategies should you use when starting out? Stay tuned to find out!

Along the way, we’ll show you different software and tools you can use to get organized, track your leads, and find off-market property owners. Regardless of your investing strategy—house hacking, BRRRR, or flipping houses—our approach will help you lock up your next deal in no time!

In This Episode We Cover:

How to calculate your purchasing power and build your buy box

How to find deals on the MLS (multiple listings service) that match your criteria

Creative strategies to help you source more off-market properties

Software, tools, and tips to help you manage and follow up on leads

Using the skip tracing method to find off-market property owners

And So Much More!

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Ashley's BiggerPockets Profile

Tony's BiggerPokckets Profile

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