As with any investment, I am often asked, “How do I find a good
real estate investment?” My answer is, “You must train your brain to
see what others cannot see.”
The next question is, “How do I do that?”
The answer is, “The same way any shopper finds a good deal.” At
the start of this book I wrote about people who focused on saving
by driving from store to store shopping for food bargains. The same
is true for real estate, or for any investment. You need to become a
A great strategy for shopping for property is the 100:10:3:1 method.
That means you should analyze 100 properties, make offers on ten of
them, have three sellers say yes, and then buy one. In other words, it
takes shopping and looking at over 100 properties to buy one property.
Source: Retire young Retire Rich – Robert Kiyosaki