#32: Henry Washington
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Effort or Money: The Two Paths to Finding Real Estate Deals
In real estate investing, the key to finding good deals is either spending time or money. New investors with limited time can opt to spend money on off-market deal finding strategies that fit their budget, ensuring they allocate enough resources for the strategy to be effective. On the other hand, investors with time can leverage free resources for leads, but success depends on diligent analysis, making offers on every potential deal, and consistent follow-up with sellers or agents. It's crucial to thoroughly analyze each lead even if it doesn't seem lucrative initially, to determine a price point for making an offer and to have the courage to follow through with it to increase the chances of striking a deal.
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