YFP Real Estate Investing 52: Six Considerations for Making an Offer and Getting the Deal

Reflections on a year of this podcast and the growth that our hosts have seen.

The common theme that pharmacists are detail-oriented and risk-averse.

Today’s topic: how to avoid analysis paralysis and get started in real estate investing.

The first of the six things to help with rapid-fire decision-making: setting your criteria.

The second step: knowing your numbers, and where you can find helpful resources.

A helpful rule of thumb: the 1% rule and how it works.

The third step: understanding your area and what to consider when it comes to location.

The fourth step: giving yourself an out and how this relates to writing the offer.

The fifth step: gathering the data about the property.

How to investigate properties from a remote location.

The value of opinions from realtors, contractors, and home inspectors.

The sixth step: making a team decision and how this plays out differently in pharmacies and real estate.

Tips on how to go about building a team and some resources that may help.