Good real estate deals are hard to find but not impossible.

So, where do you find real estate deals worth your investment?

Before I answer that, let me ask you this first. Why do people buy property? They want to make money! So, how do you find a good real estate deal that will bring profit into your bank account?

It’s essential to understand what makes a deal good. A good deal provides cash flow, one with lots of competition and one that can give you the most profit.

Find real estate deals where you live

Don’t try new markets – stay local. Learn the market where you live first. Take your time, and don’t jump into anything quickly. Learn the lay of the land and if the deal is worth it in the location you’re looking at.

The best deals are bigger

Single-family homes don’t cut it. You find the best deals with apartments; They protect your capital, provide consistent cash flow, and appreciate over time. The key here is knowing they will appreciate in the long term. Find a good real estate deal in a market where you KNOW your investment will grow.

Know the market

Understand the market’s economics, job providers, rents, concessions, expenses, the growing parts of the market, dying parts of markets, the city’s politics, the home prices in the area, the overall economic conditions, occupancy, cost of insurance and so much more. Check the property during the day, at night and on weekends. Before you invest, there’s a ton of research involved; ask questions and get very familiar with the market to find the best deals. 

If you want to learn how I find great real estate deals, check out my Free Live Training.

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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.

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